Talkcoin (OP)
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Talkcoin Dev
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May 12, 2014, 09:53:08 AM Last edit: May 12, 2014, 10:04:59 AM by Talkcoin |
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Total amount of coins to be mined? I've already expalined all coins with a hard cap, including bitcoin, will have a hard fork in the block reward because without hard fork miners will leave when the block reward is 0. A hard cap on amount of coins is useless, it's just commercial hype. A voting system is the best way. At the bitcoin conference. "As block rewards reduce in size, transaction payments may not be sufficient to support the ever-increasing mining costs. This could result in the need to resort to a constant block reward for perpetuity in order to compensate miners appropriately."
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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MaxOnBit
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May 12, 2014, 11:52:05 AM |
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New wallet coming with private chat and group chat features.
Good news ! But when ? There is still much work to do. What kind of work ? Tell us more please. What are your plans for the further development ? 1)... 2)... etc It will be good for community and more people will be intrested in Talkcoin.
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cryptomines
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May 12, 2014, 12:26:46 PM |
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20 Second block time = 3 blocks per minute. 3 * 60 = 180 blocks per hour. 180 * 24 = 4,320 blocks per day.
4320 * 50 TAC = 216,000 TAC per day * 365 days = 78,840,000 TAC annually.
4320 * 25 TAC = 108,000 TAC per day * 365 days = 39,420,00 TAC annually.
4320 * 21.20 TAC = 91,584 TAC per day * 365 days = 33,428,160 TAC annually.
4320 * 1 TAC = 4320 TAC per day * 365 days = 1,576800 TAC annually.
Anyone know how long the voting window is open for?
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fenghush
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May 12, 2014, 01:59:22 PM |
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Is +1k block maturity really necessary?
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Talkcoin (OP)
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Activity: 114
Merit: 10
Talkcoin Dev
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May 12, 2014, 02:21:02 PM |
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Total amount of coins to be mined? I've already expalined all coins with a hard cap, including bitcoin, will have a hard fork in the block reward because without hard fork miners will leave when the block reward is 0. A hard cap on amount of coins is useless, it's just commercial hype. A voting system is the best way. At the bitcoin conference. "As block rewards reduce in size, transaction payments may not be sufficient to support the ever-increasing mining costs. This could result in the need to resort to a constant block reward for perpetuity in order to compensate miners appropriately." Bitcoin grew market cap of $5 billion without needing to hard fork yet, no coin has had to do this, so why are we doing this on TalkCoin on day 1? Currently in bitcoin, the block reward is 25 not 0. As I have pointed out several times a hard cap on amount of coins is useless, it's just hype and marketing. No miner will be able to cover the costs of verifying bitcoin transactions and thus earning new bitcoins, fees are not sufficient.
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Talkcoin (OP)
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Activity: 114
Merit: 10
Talkcoin Dev
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May 12, 2014, 02:24:04 PM |
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New wallet coming with private chat and group chat features.
Good news ! But when ? There is still much work to do. What kind of work ? Tell us more please. What are your plans for the further development ? 1)... 2)... etc It will be good for community and more people will be intrested in Talkcoin. chat rooms by country and private messages between users with encryption.
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Talkcoin (OP)
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Activity: 114
Merit: 10
Talkcoin Dev
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May 12, 2014, 02:28:09 PM |
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Is +1k block maturity really necessary?
Yes, it is to prevent the instant mine and dump, and keep the miners in check.
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Talkcoin (OP)
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Activity: 114
Merit: 10
Talkcoin Dev
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May 12, 2014, 02:29:26 PM |
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20 Second block time = 3 blocks per minute. 3 * 60 = 180 blocks per hour. 180 * 24 = 4,320 blocks per day.
4320 * 50 TAC = 216,000 TAC per day * 365 days = 78,840,000 TAC annually.
4320 * 25 TAC = 108,000 TAC per day * 365 days = 39,420,00 TAC annually.
4320 * 21.20 TAC = 91,584 TAC per day * 365 days = 33,428,160 TAC annually.
4320 * 1 TAC = 4320 TAC per day * 365 days = 1,576800 TAC annually.
Anyone know how long the voting window is open for? Voting takes place twice per week during 2 hours.
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christie
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Merit: 10
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May 12, 2014, 02:30:27 PM |
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nicely done!
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halicarton
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May 12, 2014, 03:54:19 PM |
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New wallet coming with private chat and group chat features.
Good news ! But when ? There is still much work to do. What kind of work ? Tell us more please. What are your plans for the further development ? 1)... 2)... etc It will be good for community and more people will be intrested in Talkcoin. chat rooms by country and private messages between users with encryption. private message will be a great development.
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deathmul
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May 12, 2014, 05:24:04 PM |
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Any exchange?
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atleticofa
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May 12, 2014, 07:04:28 PM |
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If someone want some coins I can sell some
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waxo
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May 12, 2014, 07:31:24 PM |
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Nethash is falling This is a great coin but it needs promotion. At the minute less people are mining it every day.............. First post should say 'LAUNCHED 5th MAY' so people know it wasn't launched 17th April and only had 20 pages since then There should be something saying lower and upper limit to coins - investors who want to know coin supply get told 'dunno it depends'? Need more visibility / clarity e.g. block explorer Need more communication on the devs plans / timescales Need exchange +1 this all we need
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██████████ ██ ██ ██ ██
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nonocoin
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Activity: 109
Merit: 10
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May 13, 2014, 03:26:44 AM |
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Nethash is falling This is a great coin but it needs promotion. At the minute less people are mining it every day.............. First post should say 'LAUNCHED 5th MAY' so people know it wasn't launched 17th April and only had 20 pages since then There should be something saying lower and upper limit to coins - investors who want to know coin supply get told 'dunno it depends'? Need more visibility / clarity e.g. block explorer Need more communication on the devs plans / timescales Need exchange +1 this all we need yes,that all we need.
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sylwt
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May 13, 2014, 06:11:03 AM |
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Good coin,WTB...Where's exchange?
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leofur
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Activity: 117
Merit: 10
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May 13, 2014, 06:21:22 AM |
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Good coin,WTB...Where's exchange?
PM'd you.
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MaxOnBit
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May 13, 2014, 06:43:34 AM |
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Any exchange?
An exchange was made in the wallet but the idea has been abandoned because a centralized exchange in a decentralized cryptocurrency is not a good thing.
We need decentralized exchange.
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atleticofa
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May 13, 2014, 08:02:28 AM |
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Someone know how to do a descentralized exchange?
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deathmul
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May 13, 2014, 03:26:16 PM |
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We need exchange
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1MCoin
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May 13, 2014, 03:33:50 PM |
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We need exchange
biter?or mintpal?
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