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Author Topic: [ANN][1000 SYNC] Proof of Stake now run by BLOCKCHAIN DEVELOPMENT COMPANY  (Read 816000 times)
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tom14cat14
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May 19, 2014, 12:59:13 AM
 #1261

Hey fellas how do I get the wallet to sync up?

Just start it up and wait. it takes a little time.
tom14cat14
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May 19, 2014, 12:59:49 AM
 #1262

Um..

Code:
static const int64_t MAX_MONEY = 10000 * COIN;

correct me if im wrong..but that is 10k not 1k?

and the premine:
Code:
 if (pindexBest->nHeight == 1)
    {
      nSubsidy = 5 * COIN;

is that not 5% not 0.5%?

If this post gets deleted. I guess I know my answer...


I will let the answer comes from someone that was here doing launch.

The 10,000 coin is the max coin after POS.
MsCollec (OP)
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May 19, 2014, 01:02:15 AM
 #1263

Um..

Code:
static const int64_t MAX_MONEY = 10000 * COIN;

correct me if im wrong..but that is 10k not 1k?

and the premine:
Code:
 if (pindexBest->nHeight == 1)
    {
      nSubsidy = 5 * COIN;

is that not 5% not 0.5%?

If this post gets deleted. I guess I know my answer...


I will let the answer comes from someone that was here doing launch.

The 10,000 coin is the max coin after POS.


Hm i have 1 question, POW is suppose to be 7200 blocks right ? And the block reward is 0.14 coins. So POW = 7200x0.14=1008 coins ?
Isnt the max coin supply 1000 coins with POS included ?


There are 0 block rewards too.

If I remember correctly, the 1000 coins max is the POW max or soft max. The hard max is set to 10,000 in the code. If I wasnt on my phone I'd find the link someone posted last night to the line in the code.

Please not, at 1% POS yearly, it'll take a very long time to hit that cap.

Max coins are 10k but only 1000 are for PoW rest are for PoS generation.

yes about 1000 years at 1% pos

As proof of how bored I am at work and the ease at calculating compound interest in open Office, if every single SYNC coin was dumped into wallets and left to POS, we would hit max 10,000 SYNC about half way into year 231.

So roughly 18/12/2345

End of year 231 = 9959.4955934066 SYNC
End of year 232 = 10059.0905493407 SYNC

q327K091
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May 19, 2014, 01:02:59 AM
 #1264

Um..

Code:
static const int64_t MAX_MONEY = 10000 * COIN;

correct me if im wrong..but that is 10k not 1k?

and the premine:
Code:
 if (pindexBest->nHeight == 1)
    {
      nSubsidy = 5 * COIN;

is that not 5% not 0.5%?

If this post gets deleted. I guess I know my answer...


I will let the answer comes from someone that was here doing launch.

The 10,000 coin is the max coin after POS.

"If this post gets deleted. I guess I know my answer..." haha this is the funniest thing I have read in long
q327K091
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May 19, 2014, 01:09:50 AM
 #1265

Gentlemen and Ladies, 2nd day end of POW is upon us, difficulty shoot up 1,687.20107132 and we are at block: 1,752

must be GPU farm (farms rather) again, at this level most households might as well start using mining rigs as cooking stoves

however I shall wait for some time if difficulty remains at this level I shall be content with my up to current stake and let whales consume the rest (there is only 1000 fish in the pond, which is CRAZY low) I dont even understand multipool sellout although they employ programmatic selling (there is no human pressing but button pure if else condition)

Advice: dig a deep hole in the ground, put a drive with military grade encryption triple wrapped around SYNC wallet and butty it for some time

and no, no "Magic Chinese Secret military and by proxy UFO sponsored" ASIC device solving chain of 11 rounds of scientific hashing functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo)

if it is I am packing and moving to China for an UFO must have landed there

  
Kreativekrypto
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May 19, 2014, 01:10:32 AM
 #1266

Damn in the year 2310 I'll have like 8 coins!!! Each valued at one Mecha-Btc sounds so good makes you wanna slap yo mamma'!!!!
Kreativekrypto
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May 19, 2014, 01:12:27 AM
 #1267

Gentlemen and Ladies, 2nd day end of POW is upon us, difficulty shoot up 1,687.20107132 and we are at block: 1,752

must be GPU farm (farms rather) again, at this level most households might as well start using mining rigs as cooking stoves

however I shall wait for some time if difficulty remains at this level I shall be content with my up to current stake and let whales consume the rest (there is only 1000 fish in the pond, which is CRAZY low) I dont even understand multipool sellout although they employ programmatic selling (there is no human pressing button pure if else condition)

 

I won't feel bad for these dumpers when we are all enjoying 1 Sync=4 Lambos Smiley
MsCollec (OP)
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May 19, 2014, 01:18:59 AM
 #1268

After PoW the plan is to add anonymizer to the Sync protocol in order for users to enjoy enhanced privacy option with transactions.  Whats the buzz about anon?
qiwoman
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May 19, 2014, 01:25:21 AM
 #1269

After PoW the plan is to add anonymizer to the Sync protocol in order for users to enjoy enhanced privacy option with transactions.  Whats the buzz about anon?

I like this coin was hoping to see if there are any little bounties going for blog promotion..I am going to dedicate a blog post to this coin..My Friend and me we mining it..She is mining it for us and we not selling. Smiley
MsCollec (OP)
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May 19, 2014, 01:27:38 AM
 #1270

After PoW the plan is to add anonymizer to the Sync protocol in order for users to enjoy enhanced privacy option with transactions.  Whats the buzz about anon?

I like this coin was hoping to see if there are any little bounties going for blog promotion..I am going to dedicate a blog post to this coin..My Friend and me we mining it..She is mining it for us and we not selling. Smiley

Whats your blog billionet?
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May 19, 2014, 01:34:32 AM
 #1271

After PoW the plan is to add anonymizer to the Sync protocol in order for users to enjoy enhanced privacy option with transactions.  Whats the buzz about anon?

I like this coin was hoping to see if there are any little bounties going for blog promotion..I am going to dedicate a blog post to this coin..My Friend and me we mining it..She is mining it for us and we not selling. Smiley

Whats your blog billionet?

u should also ask guy from http://fuk.io to write about it or at least send to his bigass mailing list

yolo
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May 19, 2014, 01:54:03 AM
 #1272

Just started mining - nothing like being a little late to the party  Undecided
q327K091
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May 19, 2014, 01:54:56 AM
 #1273

Gentlemen and Ladies, 2nd day end of POW is upon us, difficulty shoot up 1,687.20107132 and we are at block: 1,752

must be GPU farm (farms rather) again, at this level most households might as well start using mining rigs as cooking stoves

however I shall wait for some time if difficulty remains at this level I shall be content with my up to current stake and let whales consume the rest (there is only 1000 fish in the pond, which is CRAZY low) I dont even understand multipool sellout although they employ programmatic selling (there is no human pressing button pure if else condition)

 

I won't feel bad for these dumpers when we are all enjoying 1 Sync=4 Lambos Smiley

for sure.. ok lucky lucky 739.87192257  still decent possibility.. someone rented something for an hour and ran out Visa credit

tom14cat14
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May 19, 2014, 01:58:36 AM
 #1274

I am debating the same thing. If stays this high I will just go back to GDN. But I will stick around for now hoping this drop will last. I am hoping for 1 SYNC by the end of POW.
thunder04839
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May 19, 2014, 02:01:09 AM
 #1275

I am debating the same thing. If stays this high I will just go back to GDN. But I will stick around for now hoping this drop will last. I am hoping for 1 SYNC by the end of POW.
same with me.  I have mined like .0000300 so far.  629 kh/s... I hope I can get to 1 but I doubt it.
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May 19, 2014, 02:05:19 AM
 #1276

I am debating the same thing. If stays this high I will just go back to GDN. But I will stick around for now hoping this drop will last. I am hoping for 1 SYNC by the end of POW.
same with me.  I have mined like .0000300 so far.  629 kh/s... I hope I can get to 1 but I doubt it.

hey, your signature carries warning "Warning: Trade with extreme caution!" -4 on the Richter scale, this can not be good, just running this by you in case you have not noticed it
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May 19, 2014, 02:05:57 AM
 #1277

Well I think that since 42 coin is worth like 23 bitcoin this will get to like 2 or 3 Btc no problem.  42 is super lame and its valuable so Sync should be a big player in the future.
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May 19, 2014, 02:09:41 AM
 #1278

I am debating the same thing. If stays this high I will just go back to GDN. But I will stick around for now hoping this drop will last. I am hoping for 1 SYNC by the end of POW.
same with me.  I have mined like .0000300 so far.  629 kh/s... I hope I can get to 1 but I doubt it.

hey, your signature carries warning "Warning: Trade with extreme caution!" -4 on the Richter scale, this can not be good, just running this by you in case you have not noticed it
that's no good.  Probably because I dont take crap from trolls.  Lol.  Good thing I dont care to trade.  Well I day trade on crypsy but not p2p. Grin
Kreativekrypto
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May 19, 2014, 02:14:05 AM
 #1279

Well I think that since 42 coin is worth like 23 bitcoin this will get to like 2 or 3 Btc no problem.  42 is super lame and its valuable so Sync should be a big player in the future.

I keep telling people, this is the first x11 coin to demolish DRK's hash rate. Do people selling at these stupid low prices not know anything about crypto lmao?
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May 19, 2014, 02:20:15 AM
 #1280

I am debating the same thing. If stays this high I will just go back to GDN. But I will stick around for now hoping this drop will last. I am hoping for 1 SYNC by the end of POW.

Interesting... we all have suspended our main targets, thanks for GDN.. from my end I have suspended BANK (unfortunately, because coin is big in China (they like it same was as SYNC) and it is also on the POW countdown (last round, rewards already cut twice in half...) I am now experiencing POS of another coin UNIV , I see coins nicely streaming into the wallet, POS is absolutely a major breakthrough in this enterprise...

if SYNC shoots past 2,000 in difficulty it will exceed capacity of most rigs leaving rentals.. people drop and difficulty goes down.. and back again in the loop, think this is precisely what has been happening... Pressure will tighten in the 4th day to the max... most wont reach 1 SYNC, in fact it will fracture into 100's of % points for most, which is fine.. coin will be extremely valuable  
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