rowenta01
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April 08, 2019, 02:26:13 PM |
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tl:dr
is this new rebranded wallet ready yet?
We are testing it right now ;-) It is written that all the SINs will be burned when setting up the masternode. I do not understand how it works. Does this mean that the 100 000/500 000/1 000 000 SIN will be lost for people who will set up masternodes. Where will they be recovered when the masternode has finished its cycle, after 1 year? I find the concept interesting and I appreciate the work you do but it would require more information on how it works. thanks in advance Hi this week we will have another article with more details and the block rewards etc. The Infinity Nodes, once they are setup, they will be immediately burnt and removed form the current circulating supply.All the nodes will have a time limit of 12 months to pay interest from every block but every 8-9 days just like other masternodes like dash. There is a top limit of total 540 million coins worth of nodes to guarantee interest payment. For the first year the monthly SIN nodes rewards will be 54 million coins. So if 540 million nodes are filled then the node owners will get their initial coins back in 300 days but not after 300 days but every 8-9 days from the block rewards depending on the queue so the remaining 65 days out of 365 days will be their guaranteed interest. If all the nodes are full of 540 million coins then there will be a very very limited supply of coins for trading with the greatest scarcity of all history of crypto currencies. SIN will not be an ordinary split system. It will create continuous growth, volume, hype with controlled inflation and fully controlled big dumps from big wallets like 500k, 1 million walllets because they will be locked. The node owners can sell their coins for very high price if they prefer to sell from the received block rewards every 8-9 days or wait for more added profit and higher price. More nodes less rewards for node owners but less coins in the supply so higher price. Less nodes more interest for node owners for a short time until all the nodes are full then inevitable high prices. Please join discord for more info or keep following for more info. The first and ever public testnet for setting up the nodes will be live sunday 14 april 2019. https://discord.gg/8rxutDvInfinity Nodes is the beginning of our new Economy System which will add later real life use cases of the information technology. Incorruptible Data Storage(IDS) with 5 steps. Roadmap V3 will have all the steps until year 2022. Thank you for the details. So the SIN would be burned and we would get our SIN + our rewards masternodes every week or every month. So at the end of the 1 year cycle, we would have recovered the SIN number of the masternode (100 000/500 000/1 000 000) + the rewards of 15/20% It is indeed an ingenious system. This means that the blockchain burns the coins of the masternodes and increases the inflation to reward the hosts of masternodes so that it recovers their initial bet and the rewards. This means that the SUQA supply will fluctuate much more significantly compared to other cryptocurrencies? And Discord is fine, but I think Bitcointalk is a very important place of information for investors.
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cryptopool.builders
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April 08, 2019, 05:17:02 PM |
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cryptotamer01
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April 08, 2019, 06:35:28 PM |
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tl:dr
is this new rebranded wallet ready yet?
We are testing it right now ;-) It is written that all the SINs will be burned when setting up the masternode. I do not understand how it works. Does this mean that the 100 000/500 000/1 000 000 SIN will be lost for people who will set up masternodes. Where will they be recovered when the masternode has finished its cycle, after 1 year? I find the concept interesting and I appreciate the work you do but it would require more information on how it works. thanks in advance Hi this week we will have another article with more details and the block rewards etc. The Infinity Nodes, once they are setup, they will be immediately burnt and removed form the current circulating supply.All the nodes will have a time limit of 12 months to pay interest from every block but every 8-9 days just like other masternodes like dash. There is a top limit of total 540 million coins worth of nodes to guarantee interest payment. For the first year the monthly SIN nodes rewards will be 54 million coins. So if 540 million nodes are filled then the node owners will get their initial coins back in 300 days but not after 300 days but every 8-9 days from the block rewards depending on the queue so the remaining 65 days out of 365 days will be their guaranteed interest. If all the nodes are full of 540 million coins then there will be a very very limited supply of coins for trading with the greatest scarcity of all history of crypto currencies. SIN will not be an ordinary split system. It will create continuous growth, volume, hype with controlled inflation and fully controlled big dumps from big wallets like 500k, 1 million walllets because they will be locked. The node owners can sell their coins for very high price if they prefer to sell from the received block rewards every 8-9 days or wait for more added profit and higher price. More nodes less rewards for node owners but less coins in the supply so higher price. Less nodes more interest for node owners for a short time until all the nodes are full then inevitable high prices. Please join discord for more info or keep following for more info. The first and ever public testnet for setting up the nodes will be live sunday 14 april 2019. https://discord.gg/8rxutDvInfinity Nodes is the beginning of our new Economy System which will add later real life use cases of the information technology. Incorruptible Data Storage(IDS) with 5 steps. Roadmap V3 will have all the steps until year 2022. Thank you for the details. So the SIN would be burned and we would get our SIN + our rewards masternodes every week or every month. So at the end of the 1 year cycle, we would have recovered the SIN number of the masternode (100 000/500 000/1 000 000) + the rewards of 15/20% It is indeed an ingenious system. This means that the blockchain burns the coins of the masternodes and increases the inflation to reward the hosts of masternodes so that it recovers their initial bet and the rewards. This means that the SUQA supply will fluctuate much more significantly compared to other cryptocurrencies? And Discord is fine, but I think Bitcointalk is a very important place of information for investors. Yes that is all correct and the SIN supply will fluctuate but always in lower numbers because after the hardfork all the transaction fees in the SIN Blockchain also will be burned for low emissions. We have some requests from our members in discord for a poll about burning the development funds of 20 million. I think they want some kind of a guarantee if we can burn our own funds and to be honest we can do this with pleasure to have more funds for our development. So we will open a poll tomorrow in discord until the last day before the hardfork to be transparent and fair! Please do not forget to vote for the future of SINOVATE until the RSV(e-governance) will be ready.
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rowenta01
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 09, 2019, 08:11:44 AM |
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tl:dr
is this new rebranded wallet ready yet?
We are testing it right now ;-) It is written that all the SINs will be burned when setting up the masternode. I do not understand how it works. Does this mean that the 100 000/500 000/1 000 000 SIN will be lost for people who will set up masternodes. Where will they be recovered when the masternode has finished its cycle, after 1 year? I find the concept interesting and I appreciate the work you do but it would require more information on how it works. thanks in advance Hi this week we will have another article with more details and the block rewards etc. The Infinity Nodes, once they are setup, they will be immediately burnt and removed form the current circulating supply.All the nodes will have a time limit of 12 months to pay interest from every block but every 8-9 days just like other masternodes like dash. There is a top limit of total 540 million coins worth of nodes to guarantee interest payment. For the first year the monthly SIN nodes rewards will be 54 million coins. So if 540 million nodes are filled then the node owners will get their initial coins back in 300 days but not after 300 days but every 8-9 days from the block rewards depending on the queue so the remaining 65 days out of 365 days will be their guaranteed interest. If all the nodes are full of 540 million coins then there will be a very very limited supply of coins for trading with the greatest scarcity of all history of crypto currencies. SIN will not be an ordinary split system. It will create continuous growth, volume, hype with controlled inflation and fully controlled big dumps from big wallets like 500k, 1 million walllets because they will be locked. The node owners can sell their coins for very high price if they prefer to sell from the received block rewards every 8-9 days or wait for more added profit and higher price. More nodes less rewards for node owners but less coins in the supply so higher price. Less nodes more interest for node owners for a short time until all the nodes are full then inevitable high prices. Please join discord for more info or keep following for more info. The first and ever public testnet for setting up the nodes will be live sunday 14 april 2019. https://discord.gg/8rxutDvInfinity Nodes is the beginning of our new Economy System which will add later real life use cases of the information technology. Incorruptible Data Storage(IDS) with 5 steps. Roadmap V3 will have all the steps until year 2022. Thank you for the details. So the SIN would be burned and we would get our SIN + our rewards masternodes every week or every month. So at the end of the 1 year cycle, we would have recovered the SIN number of the masternode (100 000/500 000/1 000 000) + the rewards of 15/20% It is indeed an ingenious system. This means that the blockchain burns the coins of the masternodes and increases the inflation to reward the hosts of masternodes so that it recovers their initial bet and the rewards. This means that the SUQA supply will fluctuate much more significantly compared to other cryptocurrencies? And Discord is fine, but I think Bitcointalk is a very important place of information for investors. Yes that is all correct and the SIN supply will fluctuate but always in lower numbers because after the hardfork all the transaction fees in the SIN Blockchain also will be burned for low emissions. We have some requests from our members in discord for a poll about burning the development funds of 20 million. I think they want some kind of a guarantee if we can burn our own funds and to be honest we can do this with pleasure to have more funds for our development. So we will open a poll tomorrow in discord until the last day before the hardfork to be transparent and fair! Please do not forget to vote for the future of SINOVATE until the RSV(e-governance) will be ready. Thank you for these responses. I also on the discord but I like bitcointalk and it allows other people who are not on the discord to understand the operation.
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rgsnedds
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raskul
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April 09, 2019, 09:05:57 AM |
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I guess i should join the discord for more regular updates.
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cryptotamer01
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April 09, 2019, 05:01:52 PM |
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I guess i should join the discord for more regular updates.
Real time support and updates on discord. https://discord.gg/8rxutDv
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cryptotamer01
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April 09, 2019, 10:07:12 PM |
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We invite every individual of our mighty SIN NATION to vote for the fate of the developer wallet in the context of using 20 million coins as Infinity Nodes or not...As a fully open and democratic community, we believe the right of every individual to vote is sacred. Please tell us what to do...If you say "burn developer coins and then we will feel better with this evolutionary, groundbreaking masternode innovation" then we will...Or if you say "Keep the developer wallet out of this because we want higher ROI" then again we will... Just vote and participate in building the bright future of SINOVATE... Please vote in #poll channel! https://discord.gg/8rxutDvhttp://explorer.suqa.org/address/SPtJco1H1yXhxNCmYk7ZVURXR7ZavYzPxS
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SUQAFOUNDATION (OP)
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April 12, 2019, 09:37:28 AM Last edit: April 12, 2019, 11:45:33 AM by SUQAFOUNDATION |
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Texacha
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April 13, 2019, 12:27:49 PM |
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Find Us SUQA is rebranding to SINOVATE(SIN) soon!!!
Cyka Blyat! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) All the best , guys!
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I have no affiliate link, no bounty, no signature campaign... Only Proof Of Work!
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CCAALP10
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April 14, 2019, 02:31:05 PM |
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i just got banned from discord for saying some skeptical words about sinnodes. That they dont atract NEW investors and no one can guarantee suqa/sin will survive for 1year. Im a holder of 3million suqa/sin and i def want suqa to last way longer than a year. But in the past we all have seen coins dont last very long. Thats all what i was trying to say.
For a node you need to run a VPS which costs money and time. And if your VPS has some failures, your node dont run and you will get nothing in return. Your coins are gone and your ROI too.
Wow if thats a reason to get banned than this team dont have any social skills to get someone as a new investor. This is ridiculous. im part of many cryptocoins since years and im running several masternodes. I NEVER got banned. Im always nice and respectful to everyone. I never thought that I would be banned for starting a critical conversation. But hell yes this opens my eyes with what kind of people im dealing with here. To the Dev-Team good luck! You are doing a great job! To the discord Moderator F.. YOU. I hope you will break your fingers so you cant ban anyone for no obvious reason for a while!
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rgsnedds
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raskul
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April 14, 2019, 02:39:52 PM |
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i just got banned from discord for saying some skeptical words about sinnodes. That they dont atract NEW investors and no one can guarantee suqa/sin will survive for 1year. Im a holder of 3million suqa/sin and i def want suqa to last way longer than a year. But in the past we all have seen coins dont last very long. Thats all what i was trying to say.
For a node you need to run a VPS which costs money and time. And if your VPS has some failures, your node dont run and you will get nothing in return. Your coins are gone and your ROI too.
Wow if thats a reason to get banned than this team dont have any social skills to get someone as a new investor. This is ridiculous. im part of many cryptocoins since years and im running several masternodes. I NEVER got banned. Im always nice and respectful to everyone. I never thought that I would be banned for starting a critical conversation. But hell yes this opens my eyes with what kind of people im dealing with here. To the Dev-Team good luck! You are doing a great job! To the discord Moderator F.. YOU. I hope you will break your fingers so you cant ban anyone for no obvious reason for a while!
chat channels normally attract megalomania and egotism, it is normally these traits which make a moderator. It's probably no the first time that you will be faced with such ignorance, get used to it...
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cryptotamer01
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April 14, 2019, 03:17:21 PM Last edit: April 15, 2019, 12:08:16 PM by cryptotamer01 |
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FUDDERS that get banned from discord. Please report to moderator SINOVATE Nation ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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cryptotamer01
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April 14, 2019, 03:25:12 PM |
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secoccular
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April 14, 2019, 04:50:57 PM |
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It's fine to me if people don't like the coin, and want to voice that. But at least have some coherence to your argument. "They suck" isn't very informative. If you feel it's a scam, post your reasons. But please don't just type like an 8 year old.
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rgsnedds
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raskul
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April 14, 2019, 05:55:17 PM |
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It's fine to me if people don't like the coin, and want to voice that. But at least have some coherence to your argument. "They suck" isn't very informative. If you feel it's a scam, post your reasons. But please don't just type like an 8 year old.
i approve of this message. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Redrum187
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April 14, 2019, 07:29:09 PM |
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There's an exploit in the new node I can't wait till it's implemented and I rob you piece of shit scam scam scam scam scam scam scam
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cryptotamer01
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April 14, 2019, 08:10:34 PM |
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New on screen display bot is active in $SIN https://discord.gg/tma9HRX channel. Please enjoy before the public testnet at 22.00 UTC![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimages-ext-2.discordapp.net%2Fexternal%2FHOQZRr4EXUCACRCp12zLmz5bqoKl1JIhUqQ4rbA4wKI%2Fhttps%2Fpbs.twimg.com%2Fmedia%2FD4IhtNlWkAAlO5R.jpg%253Alarge%3Fwidth%3D380%26height%3D676&t=665&c=M_yyXpzWfqjEyA)
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cryptotamer01
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April 14, 2019, 09:46:25 PM |
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cryptotamer01
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April 15, 2019, 09:24:11 AM |
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Please just check this user’s old posts about other coins and report to moderator. Thank you for the support ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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