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Author Topic: [ANN] 🚀🚀 DOPECOIN : Online shops accepting DopeCoin and payment gateway OTW 🚀  (Read 566917 times)
CryptoJohn
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February 16, 2017, 10:12:05 PM
 #7441

Great job on the swap!

Is there a dopecoin slack channel?

thanks,
john

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Minted
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DopeCoin! My Green Goddess!


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February 16, 2017, 11:43:07 PM
 #7442

Great job on the swap!

Is there a dopecoin slack channel?

thanks,
john

http://dopecoin.slack.com/

Taken from the new, very informative and up to date OP!

Congratulations on the smooth swap process to the Team!

>>>>The future is bright! The future is DOPE!<<<<
>>>>>>>>DopeCoin!     Enough said!<<<<<<<<
asdalani
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February 16, 2017, 11:52:04 PM
 #7443

I am glad that this coin is going up. DopeCoinDude was pretty active when things was getting rough, there was only a few people that stayed with the coin then.

The price rise from 40 sats doesn't seem like a pump, so this coin looks like it has people's interests.

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February 17, 2017, 01:21:41 AM
 #7444

Certainly now the projected interest rate is greater than the expected 5% and if people are not staking their holdings , even more as has already been shown.

Should POS rewards be adjusted to combat inflation...."that old chestnut".......

>>>>The future is bright! The future is DOPE!<<<<
>>>>>>>>DopeCoin!     Enough said!<<<<<<<<
dopecoindude
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February 17, 2017, 03:35:19 AM
 #7445

I am glad that this coin is going up. DopeCoinDude was pretty active when things was getting rough, there was only a few people that stayed with the coin then.

The price rise from 40 sats doesn't seem like a pump, so this coin looks like it has people's interests.

Thanks, asdalani.

I'm still here  Grin . Things are only going to get better.

It is here folks. DopeCoinGOLD . The #1 Crypto-Weed Coin.
dopecoindude
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February 17, 2017, 03:36:26 AM
 #7446

Great job on the swap!

Is there a dopecoin slack channel?

thanks,
john

http://dopecoin.slack.com/

Taken from the new, very informative and up to date OP!

Congratulations on the smooth swap process to the Team!

We'll start holding more slack meetings with our community very soon.

It is here folks. DopeCoinGOLD . The #1 Crypto-Weed Coin.
anotherlateminer
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February 17, 2017, 06:53:24 AM
 #7447

Certainly now the projected interest rate is greater than the expected 5% and if people are not staking their holdings , even more as has already been shown.

Should POS rewards be adjusted to combat inflation...."that old chestnut".......
It is greater by design. Dopecoin POS3 has a static reward of 30 DOPE per block, which leads to ~5% total annual inflation, but these coins are being distributed only between actively staking nodes. As not all the issued coins participate in minting process, so the reward for each node can be much more than 5% of its balance.

A good explanation may be found in a Blackcoin discussion about POS3: https://www.reddit.com/r/blackcoin/comments/3qoerc/pos_30_whitepaper/

Quote
Pos 3.0 brings incitement for people to operate online nodes and be active in the staking process.

before 3.0: The best strategy was then to keep your node offline and then only bring it online rarely to get a huge stake payout. People with not many coins got a small stakes while people with lots of coins got large stakes.

after 3.0: You need to run an always online node if you want to get your 1% interest. People with not so many coins will get a much higher stake reward relative to people who have a lot of coins. If you have a lot of coins and stake all the time you will be granted your 1% interest. If you have a lot of coins and do not stake you will be granted 0% interest. If you have not that many coins and stake all the time you will be granted more than 1% especially in situations when not all issued coins participate in the stake process.

You can see the effect of Pos 3.0 in the transaction fee chart after the 6'th of october 2015, transaction fees are evenly distributed to all staked blocks. https://bitinfocharts.com/comparison/transactionfees-blk.html

With Pos 3.0 you will be granted 1.5BLK for each staked block, the chance to stake increase if you have more coins. If you sum up the stake reward for a year you will find that the total stake reward for a year is 1% of the total amount of BLK in existance.

Quote
xranby is correct. More than 1%, because 1% reflects the overall expansion of the # of coins in circulation. But not everyone stakes, or does not do so full-time, therefore the stake-minted coins are shared among only a subset of the network: those who participate. Previously you could bank coinage while not staking, and then collect on it during brief periods of staking. That opportunity has been eliminated.

A decreasing reward rate may be considered, it is all open to discussion.
Amelie2015
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February 17, 2017, 01:35:35 PM
 #7448

Cheers For getting the MAC wallet decimal place corrected.

running smoothly

I will report back once it has had a while to mint/stake coins.

Thanks again
 Smiley
axllht
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February 17, 2017, 01:57:54 PM
 #7449

lol, 86 addresses with coins on blockexplorer, 1 address 50% of coins, it not looks good. Grin

▲ MOIN CRYPTO >> MOIN BCT Thread MOIN WEBSITEMOIN MOVEMENT <<
CRYPTO COIN CLOTHES
NUTCOIN Digital Cash >> Nutcoin Website <<
anotherlateminer
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February 17, 2017, 02:01:58 PM
 #7450

Cheers For getting the MAC wallet decimal place corrected.

running smoothly

I will report back once it has had a while to mint/stake coins.

Thanks again
 Smiley

Nice to hear that it is working nice.

lol, 86 addresses with coins on blockexplorer, 1 address 50% of coins, it not looks good. Grin
It is Bittrex wallet, if something.
axllht
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February 17, 2017, 02:13:15 PM
 #7451

lol, 86 addresses with coins on blockexplorer, 1 address 50% of coins, it not looks good. Grin
It is Bittrex wallet, if something.
I thought so, but 86 addresses means that almost all ppl sent coins to this one or DopeCoin Gold needs bigger community Smiley

▲ MOIN CRYPTO >> MOIN BCT Thread MOIN WEBSITEMOIN MOVEMENT <<
CRYPTO COIN CLOTHES
NUTCOIN Digital Cash >> Nutcoin Website <<
anotherlateminer
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February 17, 2017, 02:32:26 PM
 #7452

lol, 86 addresses with coins on blockexplorer, 1 address 50% of coins, it not looks good. Grin
It is Bittrex wallet, if something.
I thought so, but 86 addresses means that almost all ppl sent coins to this one or DopeCoin Gold needs bigger community Smiley
It definitely needs Smiley
Limx Dev
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February 17, 2017, 03:00:45 PM
 #7453

Cheers For getting the MAC wallet decimal place corrected.

running smoothly

I will report back once it has had a while to mint/stake coins.

Thanks again
 Smiley

Nice to hear that it is working nice.

lol, 86 addresses with coins on blockexplorer, 1 address 50% of coins, it not looks good. Grin
It is Bittrex wallet, if something.

Thank you for the info.

BitSend ◢◤Clients | Source
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Segwit | Core 0.14 | Masternodes
XEVAN | DK3 | Electrum soon
Bitcore - BTX/BTC -Project












BSD -USDT | Bittrex | C.Gather | S.Exchange
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dopey
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February 17, 2017, 03:34:02 PM
 #7454

I wanted to personally send a big thank you to the team.

Lateminer -  You did a wonderful job on the swap and I appreciate your attention to detail and professionalism.
DopeCoindude -  You kept the project alive over the years and we would not be here without you.
Limx Dev - You played a huge role behind the scenes and DopeCoin Gold would not exist without your help.

And last but not least, the community... Without you we are nothing.

Thank you, everyone, for your commitment and support.

Dopey


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dopey
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February 17, 2017, 05:15:10 PM
 #7455

PERSONAL BOUNTY: 2500 DopeCoins

Hi folks, I have a new project that needs your help!

I have designed a new android app designed to fight world hunger and I need some people to download it for testing and feedback purposes.

The bounty is very simple:

1. Download the app and keep it installed for at least a week.
2. Provide me with any sort of feedback possible.
3. That's it!

If you like the project, please leave a positive rating in the app store. If you don't, please contact me with your feedback and allow me a chance to make improvements.

Here is the project - www.unlockfood.com

Thank you for your help!


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dopecoindude
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February 17, 2017, 05:56:30 PM
 #7456

I wanted to personally send a big thank you to the team.

Lateminer -  You did a wonderful job on the swap and I appreciate your attention to detail and professionalism.
DopeCoindude -  You kept the project alive over the years and we would not be here without you.
Limx Dev - You played a huge role behind the scenes and DopeCoin Gold would not exist without your help.

And last but not least, the community... Without you we are nothing.

Thank you, everyone, for your commitment and support.

Dopey

Thanks Dopey!

Dopecoin(Gold) has always had a special place in my heart. I can't see myself in a world without DopeCoin. I wanted to thank you for your steadfast leadership on execution of the swap. Anotherlateminer, thanks for being there with me over the last few years.  Late night talks, and discussion of the future of Dopecoin I will always remember. Thanks for your friendship.  Limx Dev!  THANKS FOR ALL THE HELP! Smiley

Finally, the community is why we are all here. We look forward to growing with you all and making this coin the #1 positioned coin in the MJ industry.

It is here folks. DopeCoinGOLD . The #1 Crypto-Weed Coin.
anotherlateminer
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February 17, 2017, 06:00:07 PM
 #7457

Thanks to everyone for your kind words.

Coin swap report will be published in a couple of minutes.
anotherlateminer
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February 17, 2017, 06:19:34 PM
 #7458


COIN SWAP REPORT

Like we have promised - here is a detailed report about the swap process.

145,000,000 DOPE were included in the first block: https://www.blockexperts.com/dope/height/1

Code:
if(nHeight == 1) {
    nSubsidy = 145000000 * COIN;
}

1) 4,250,000 DOPE were used as bounties for the development of DopeCoinGold, distributed in such way:

  • dopecoindude: 1,000,000 DOPE
  • anotherlateminer: 1,000,000 DOPE
  • Limx Dev: 750,000 DOPE
  • Mike (design): 500,000 DOPE
  • Daniel (coding): 500,000 DOPE
  • Jesse (social media): 500,000 DOPE

TXIDs:

2) There is also a development fund of 2,000,000 DOPE, bounties will be announced later.

TXID: https://www.blockexperts.com/dope/tx/752760d31f0ab22fc6569ca94b9724318b4ddee3b141ef2250e431c74e591571

It has been staking for some days, all these "extra" coins (159,810.0016 DOPE) were sent to the main wallet: https://www.blockexperts.com/dope/tx/6a77771b6ffeb933926906df65f762660c961d60d5cb71d61840625b51b94c15

They were destroyed yesterday during the burn process.

Current addresses of bounty fund:


3) 67,243,051.112428 DOPE were sent by Bittrex so they replaced "old" coins with "new" ones.

TXID: https://www.blockexperts.com/dope/tx/aea22d7076c9bc82a6c48bcc5f0bc40ade0a452acbf53559c9b310623b4c6c63

4) 34,097,838.052747 DOPE were swapped manually according to people's swap requests.

5) 30 DOPE were accidentally minted by the main premine wallet Smiley

So we finally got:

145,000,000 - 4,250,000 - 2,000,000 - 67,243,051.112428 - 34,097,838.052747 + 159,810.0016 + 30 = 37,568,950.836425 DOPE (37,568,950.834025 DOPE in the burn transaction, this insignificant difference arose due to network fees)

These coins were burned yesterday, so we can state that current coin supply decreased from ~146,000,000 DOPE to ~108,500,000 DOPE.

Burn transaction: https://www.blockexperts.com/dope/tx/939a6372da633210173d43c5cfe8f1f7aaf7c77f5a29916a37f4dc9466d15d37
Burn report: https://bitcointalk.org/index.php?topic=467641.msg17876457#msg17876457

I think everything went fine this time and I really hope that community is satisfied. Sorry for those who missed!
CryptoJohn
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February 17, 2017, 06:54:10 PM
 #7459

108 M makes for a pretty low coin count  Cool

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February 17, 2017, 07:50:58 PM
 #7460

Certainly now the projected interest rate is greater than the expected 5% and if people are not staking their holdings , even more as has already been shown.

Should POS rewards be adjusted to combat inflation...."that old chestnut".......
It is greater by design. Dopecoin POS3 has a static reward of 30 DOPE per block, which leads to ~5% total annual inflation, but these coins are being distributed only between actively staking nodes. As not all the issued coins participate in minting process, so the reward for each node can be much more than 5% of its balance.

A good explanation may be found in a Blackcoin discussion about POS3: https://www.reddit.com/r/blackcoin/comments/3qoerc/pos_30_whitepaper/

Quote
Pos 3.0 brings incitement for people to operate online nodes and be active in the staking process.

before 3.0: The best strategy was then to keep your node offline and then only bring it online rarely to get a huge stake payout. People with not many coins got a small stakes while people with lots of coins got large stakes.

after 3.0: You need to run an always online node if you want to get your 1% interest. People with not so many coins will get a much higher stake reward relative to people who have a lot of coins. If you have a lot of coins and stake all the time you will be granted your 1% interest. If you have a lot of coins and do not stake you will be granted 0% interest. If you have not that many coins and stake all the time you will be granted more than 1% especially in situations when not all issued coins participate in the stake process.

You can see the effect of Pos 3.0 in the transaction fee chart after the 6'th of october 2015, transaction fees are evenly distributed to all staked blocks. https://bitinfocharts.com/comparison/transactionfees-blk.html

With Pos 3.0 you will be granted 1.5BLK for each staked block, the chance to stake increase if you have more coins. If you sum up the stake reward for a year you will find that the total stake reward for a year is 1% of the total amount of BLK in existance.

Quote
xranby is correct. More than 1%, because 1% reflects the overall expansion of the # of coins in circulation. But not everyone stakes, or does not do so full-time, therefore the stake-minted coins are shared among only a subset of the network: those who participate. Previously you could bank coinage while not staking, and then collect on it during brief periods of staking. That opportunity has been eliminated.

A decreasing reward rate may be considered, it is all open to discussion.



Thanks for helping me straighten out my wallet mess buddy!  I have some questions about POS and POS3.  I understand that the POS3 staking reward is constant and that it encourages more wallets to be open all the time and staking.   Very cool.   I'm still fuzzy on exactly how coins are staked and the blocks of coins that are used for staking.   It was my understanding that in regular POS each time a block of coins is staked it's divided and that led to problems where wallets became badly fragmented right?  Is it the same in POS3?  Is there a need from time to time to send all your coins to a new address to make them one whole block again?   Also, how is the number of coins that go out on a found block calculated?   It seems random from what I've witnessed.  Also, is it more efficient to divvy a large sum of coins over multiple wallet addresses to increase the chances of finding a block (this doesn't seem to be the case from what I've observed anecdotally).   
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