[ANN][OC] Orangecoin ★★ POS ★★ Anon Transactions ★★ Masternodes

[Specialkey]

Anything with about 80 Mio in 10 years arround would be even ok for me.
Only 84 Mio I am not a fan from this number as mentioned above.

[Halofire]

From Ramblers model: end at year 40 and we are good to go.
From OC's model: Increase schedule to 200 million, not 84.

Only reason I suggested adding the 20-30 million to cap was because we proved slashing everything in half would give same result except giving the holders a 100% increase in value.

Fellow oranges, reducing the cap does more damage than good or is pointless as I pointed out. Our coin would be minted too fast or we'd get too much value too quick - both instances resulting in a 'price catch up' against BTC for the next 20-30 years. It would increase the worth of our coins by too much, but if we must, I think I've found the middle ground....

Reduce cap by 1/3 to 133.33333333 million over '40' years. Gives everyone holding now 33% increase in value to compensate future PoS loss, cut PoS in half allows 83% ROI for the stakers which includes the 33% increase from cap reduction, apply 10-20% for MN 13.3 or 26.6 million which will be worth more since cap reduced. Cap = 133.3333333+13.33333333= 146.66666666 million for (10% MN) coin cap or 133.3333333+26.66666666= 160 million for (20% MN) coin cap. 'price catch up' would be less damaging, but we'd still be behind BTC price curve until BTC is finished mining.

My opinion which I haven't stated yet as to not influence others:
End PoS early to pay for Mnodes and leave cap at 200 million and leave all other specs the same. This hurts only those people now who would be holding coins for those last remaining years of PoS if they intended on holding the coins for the full 46 years. Price will remain the same, value of what's in circulation remains the same, oc:btc price curve will be on target. This way also benefits no one, versus the select holders if we reduced the cap

[Specialkey]

From Ramblers model: end at year 40 and we are good to go.
From OC's model: Increase schedule to 200 million, not 84.

Only reason I suggested adding the 20-30 million to cap was because we proved slashing everything in half would give same result except giving the holders a 100% increase in value.

Fellow oranges, reducing the cap does more damage than good or is pointless as I pointed out. Our coin would be minted too fast or we'd get too much value too quick - both instances resulting in a 'price catch up' against BTC for the next 20-30 years. It would increase the worth of our coins by too much, but if we must, I think I've found the middle ground....

Reduce cap by 1/3 to 133.33333333 million over '40' years. Gives everyone holding now 33% increase in value to compensate future PoS loss, cut PoS in half allows 83% ROI for the stakers which includes the 33% increase from cap reduction, apply 10-20% for MN 13.3 or 26.6 million which will be worth more since cap reduced. Cap = 133.3333333+13.33333333= 146.66666666 million for (10% MN) coin cap or 133.3333333+26.66666666= 160 million for (20% MN) coin cap. 'price catch up' would be less damaging, but we'd still be behind BTC price curve until BTC is finished mining.

My opinion which I haven't stated yet as to not influence others:
End PoS early to pay for Mnodes and leave cap at 200 million and leave all other specs the same. This hurts only those people now who would be holding coins for those last remaining years of PoS if they intended on holding the coins for the full 46 years. Price will remain the same, value of what's in circulation remains the same, oc:btc price curve will be on target. This way also benefits no one, versus the select holders if we reduced the cap

Understood and I agree.

I like your model and even the mn should get 20%. They are important and should be well rewarded all time.

[Jim_Rambler]

on what % of trans will ppl will actually need/desire anon?
If this is a fraction, less than 10% why are we paying an arm and leg for 100% anon
when optional would take a fraction of the Mnodes/cost and please as many people?

i mean who cares if the nsa finds out i buy my shorts at overstock

It takes a certain amount of maternodes to make the feature secure. Need a good amount of nodes to be avalible to make it secure, and decentralized. To do this there is a balance, which is what we are all working on to create


Halofire: great point, on my moblie now but will run these numbers soon, Cheers

[Dancingk]

should i buy some OC now

[bep42]

should i buy some OC now

you'll find some on Kingcoiny my friend! > https://www.kingcoiny.com/index.php?page=trade&market=18

[Specialkey]

should i buy some OC now

you'll find some on Kingcoiny my friend! > https://www.kingcoiny.com/index.php?page=trade&market=18

and sell volume climbs 

[bep42]

should i buy some OC now

you'll find some on Kingcoiny my friend! > https://www.kingcoiny.com/index.php?page=trade&market=18

and sell volume climbs 

sure! This community is awesome!

[Halofire]

should i buy some OC now

you'll find some on Kingcoiny my friend! > https://www.kingcoiny.com/index.php?page=trade&market=18

and sell volume climbs  

sure! This community is awesome!

Can't believe OC still trading over 500 satoshi at your place! Way to be! 

[cryptoba]

Oangecoin, Halofire, Jim Rambler,

I think you should take a decision. You should discuss all those interesting thoughts and come out with a great structure  
We reduce the coin cap, keep a nice Pos system and have a great Masternodes system. I think we shouldn't compare too much with other coins. As, what is being decided is being talked about, and is not hidden. All those changes are justified and thought about.
The most important is to come out with an attractive and clear structure.

And everybody will find it great

[btcMagnet]

End PoS early to pay for Mnodes and leave cap at 200 million and leave all other specs the same. This hurts only those people now who would be holding coins for those last remaining years of PoS if they intended on holding the coins for the full 46 years. Price will remain the same, value of what's in circulation remains the same, oc:btc price curve will be on target. This way also benefits no one, versus the select holders if we reduced the cap

This is a good paragraph.  46 years would take the sting out.

[Halofire]

End PoS early to pay for Mnodes and leave cap at 200 million and leave all other specs the same. This hurts only those people now who would be holding coins for those last remaining years of PoS if they intended on holding the coins for the full 46 years. Price will remain the same, value of what's in circulation remains the same, oc:btc price curve will be on target. This way also benefits no one, versus the select holders if we reduced the cap

This is a good paragraph.  46 years would take the sting out.

It wouldn't be 46 years, that's what it is now. We'd shorten POS to 39-40 years, if this option is chosen.

[Halofire]

get voting on mintpal, we are 10 votes away from taking the next spot from pinkcoin............ 

[btcMagnet]

End PoS early to pay for Mnodes and leave cap at 200 million and leave all other specs the same. This hurts only those people now who would be holding coins for those last remaining years of PoS if they intended on holding the coins for the full 46 years. Price will remain the same, value of what's in circulation remains the same, oc:btc price curve will be on target. This way also benefits no one, versus the select holders if we reduced the cap

This is a good paragraph.  46 years would take the sting out.

It wouldn't be 46 years, that's what it is now. We'd shorten POS to 39-40 years, if this option is chosen.

I see this but it still appears to defer the effect long enough to make it irrelevant.

Yet there is still a price for current investors, remember... all new coins created for rewards will reduce holder equity (now not in 46 years), while coins minted do not reduce equity, provided the holder is minting.

hmmm we have 3 kinds of oranges here

ppl trying to make the sweetest deal they can for their planned Mnodes
ppl trying to preserve the equity that was promised when they bought into the coin
and the devs caught in the middle

I'm more worried about overpaying the Mnodes than under.  OC pointed out yesterday that the price of orange is going up, 10x and more. so maybe we should have some way to adjust the Mnodes rewards, keep them fat and happy but not obscene.

[Halofire]

End PoS early to pay for Mnodes and leave cap at 200 million and leave all other specs the same. This hurts only those people now who would be holding coins for those last remaining years of PoS if they intended on holding the coins for the full 46 years. Price will remain the same, value of what's in circulation remains the same, oc:btc price curve will be on target. This way also benefits no one, versus the select holders if we reduced the cap

This is a good paragraph.  46 years would take the sting out.

It wouldn't be 46 years, that's what it is now. We'd shorten POS to 39-40 years, if this option is chosen.

I see this but it still appears to defer the effect long enough to make it irrelevant.

Yet there is still a price for current investors, remember... all new coins created for rewards will reduce holder equity (now not in 46 years), while coins minted do not reduce equity, provided the holder is minting.

hmmm we have 3 kinds of oranges here

ppl trying to make the sweetest deal they can for their planned Mnodes
ppl trying to preserve the equity that was promised when they bought into the coin
and the devs caught in the middle

I'm more worried about overpaying the Mnodes than under.  OC pointed out yesterday that the price of orange is going up, 10x and more. so maybe we should have some way to adjust the Mnodes rewards, keep them fat and happy but not obscene.

What I highlighted in orange is exactly what I was getting at, but you said it much better.

Edit: Your next thought, The 'price paid by investors'  would be 20% divided by 39-40 years, going back to the orange highlight comment.

[Jim_Rambler]

hmmm we have 3 kinds of oranges here

ppl trying to make the sweetest deal they can for their planned Mnodes
ppl trying to preserve the equity that was promised when they bought into the coin
and the devs caught in the middle

I'm more worried about overpaying the Mnodes than under.  OC pointed out yesterday that the price of orange is going up, 10x and more. so maybe we should have some way to adjust the Mnodes rewards, keep them fat and happy but not obscene.

Ok how about this?

   Coins produced            PoS          PoS rewards      Masternodes    MN rewadrs
1   50,000,000             20%          10000000                      2%            1000000
2   61,000,000             10%             6100000                      1%             610000
3   67,710,000             5%             3385500                   0.5%              338550
4   71,434,050            2.5%           1785851.25             0.25%         178585.125
5   73,398,486.375      2.5%           1834962.159           0.25%          183496.21593
6   75,416,944.7503    2.5%            1885423.618           0.25%        188542.36187
7   77,490,910.7309    2.5%            1937272.76827       0.25%        193727.27682
8   79,621,910.7760    2.5%           1990547.76940        0.25%        199054.77694
9   81,811,513.3223    2.5%           2045287.83305       0.25%        204528.78330
10   84,061,329.9387    2.5%         2101533.24846       0.25%        210153.32484

See how the last column goes up exponentially, what if we deduce the % in a reverse exponential function and shift that extra to more PoS or longer. Meaning do it so that even then though the amount of coins raise each year, the Mnodes still receive the same constant amount.  

[bep42]

Just a simple comparaison :

Bittrex last price : 0.00000436 BTC
Kingcoiny last price : 0.00000533 BTC

Bittrex best buys orders : 0.00000435 BTC
Kingociny best buys orders : 0.00000520 BTC

Make the good choice, choose Kingcoiny > https://www.kingcoiny.com/index.php?page=trade&market=OC

the best,
Ben

[btcMagnet]

hmmm we have 3 kinds of oranges here

ppl trying to make the sweetest deal they can for their planned Mnodes
ppl trying to preserve the equity that was promised when they bought into the coin
and the devs caught in the middle

I'm more worried about overpaying the Mnodes than under.  OC pointed out yesterday that the price of orange is going up, 10x and more. so maybe we should have some way to adjust the Mnodes rewards, keep them fat and happy but not obscene.

Ok how about this?

   Coins produced            PoS          PoS rewards      Masternodes    MN rewadrs
1   50,000,000             20%          10000000                      2%            1000000
2   61,000,000             10%             6100000                      1%             610000
3   67,710,000             5%             3385500                   0.5%              338550
4   71,434,050            2.5%           1785851.25             0.25%         178585.125
5   73,398,486.375      2.5%           1834962.159           0.25%          183496.21593
6   75,416,944.7503    2.5%            1885423.618           0.25%        188542.36187
7   77,490,910.7309    2.5%            1937272.76827       0.25%        193727.27682
8   79,621,910.7760    2.5%           1990547.76940        0.25%        199054.77694
9   81,811,513.3223    2.5%           2045287.83305       0.25%        204528.78330
10   84,061,329.9387    2.5%         2101533.24846       0.25%        210153.32484

See how the last column goes up exponentially, what if we deduce the % in a reverse exponential function and shift that extra to more PoS or longer. Meaning do it so that even then though the amount of coins raise each year, the Mnodes still receive the same constant amount.  

I think a price like this can only be realistically and efficiently set by the free and constantly changing market, so it would be optimal (if possible) to have something like bidding every year, with the devs deciding who gets nodes based on performance expectations and price (lower bids).  We just don't want to end up with some pay plan set in stone that pays nodes way beyond reasonable.

[Jim_Rambler]

hmmm we have 3 kinds of oranges here

ppl trying to make the sweetest deal they can for their planned Mnodes
ppl trying to preserve the equity that was promised when they bought into the coin
and the devs caught in the middle

I'm more worried about overpaying the Mnodes than under.  OC pointed out yesterday that the price of orange is going up, 10x and more. so maybe we should have some way to adjust the Mnodes rewards, keep them fat and happy but not obscene.

Ok how about this?

   Coins produced            PoS          PoS rewards      Masternodes    MN rewadrs
1   50,000,000             20%          10000000                      2%            1000000
2   61,000,000             10%             6100000                      1%             610000
3   67,710,000             5%             3385500                   0.5%              338550
4   71,434,050            2.5%           1785851.25             0.25%         178585.125
5   73,398,486.375      2.5%           1834962.159           0.25%          183496.21593
6   75,416,944.7503    2.5%            1885423.618           0.25%        188542.36187
7   77,490,910.7309    2.5%            1937272.76827       0.25%        193727.27682
8   79,621,910.7760    2.5%           1990547.76940        0.25%        199054.77694
9   81,811,513.3223    2.5%           2045287.83305       0.25%        204528.78330
10   84,061,329.9387    2.5%         2101533.24846       0.25%        210153.32484

See how the last column goes up exponentially, what if we deduce the % in a reverse exponential function and shift that extra to more PoS or longer. Meaning do it so that even then though the amount of coins raise each year, the Mnodes still receive the same constant amount.  

I think a price like this can only be realistically and efficiently set by the free and constantly changing market, so it would be optimal (if possible) to have something like bidding every year, with the devs deciding who gets nodes based on performance expectations and price (lower bids).  We just don't want to end up with some pay plan set in stone that pays nodes way beyond reasonable.

Lets not for get the masternodes buying the req. amount of OC to start one will also raise the over all price. They should raise together in ROI, this helps offset the cost to buy the OC at start up. Lets not for get that if OC raises to $2 per coin it will cost $4,000 to start one, and that ROI needs to be equal to coins price.

[Halofire]

hmmm we have 3 kinds of oranges here

ppl trying to make the sweetest deal they can for their planned Mnodes
ppl trying to preserve the equity that was promised when they bought into the coin
and the devs caught in the middle

I'm more worried about overpaying the Mnodes than under.  OC pointed out yesterday that the price of orange is going up, 10x and more. so maybe we should have some way to adjust the Mnodes rewards, keep them fat and happy but not obscene.

Ok how about this?

   Coins produced            PoS          PoS rewards      Masternodes    MN rewadrs
1   50,000,000             20%          10000000                      2%            1000000
2   61,000,000             10%             6100000                      1%             610000
3   67,710,000             5%             3385500                   0.5%              338550
4   71,434,050            2.5%           1785851.25             0.25%         178585.125
5   73,398,486.375      2.5%           1834962.159           0.25%          183496.21593
6   75,416,944.7503    2.5%            1885423.618           0.25%        188542.36187
7   77,490,910.7309    2.5%            1937272.76827       0.25%        193727.27682
8   79,621,910.7760    2.5%           1990547.76940        0.25%        199054.77694
9   81,811,513.3223    2.5%           2045287.83305       0.25%        204528.78330
10   84,061,329.9387    2.5%         2101533.24846       0.25%        210153.32484

See how the last column goes up exponentially, what if we deduce the % in a reverse exponential function and shift that extra to more PoS or longer. Meaning do it so that even then though the amount of coins raise each year, the Mnodes still receive the same constant amount.  

just keep halving the mn payout % every few years until the MN 'fund' runs out of coin. it will produce a longer but consistent payout schedule for the Mnodes to collect well past when PoS ends.