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Givatoshi_Moremoto
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May 31, 2014, 05:48:06 AM |
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by the way, how to check how many coins being burnt in total in the console?
type getburndata |
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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pandher
Legendary
 Offline
Activity: 952
Merit: 1000
Stagnation is Death
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May 31, 2014, 05:52:43 AM |
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Total coins?
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ALTCOIN_N
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May 31, 2014, 05:53:15 AM |
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by the way, how to check how many coins being burnt in total in the console?
type getburndata thanks, i get: "Formatted nEffectiveBurnCoins" : "21934.414283 So the total coins burnt is 21934, is this right? |
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Givatoshi_Moremoto
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May 31, 2014, 05:55:43 AM |
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by the way, how to check how many coins being burnt in total in the console?
type getburndata thanks, i get: "Formatted nEffectiveBurnCoins" : "21934.414283 So the total coins burnt is 21934, is this right? yup "moneysupply" : 46581.86000000, "Formatted nEffectiveBurnCoins" : "21934.327422" 47% of total minted burnt |
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ALTCOIN_N
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May 31, 2014, 05:56:07 AM |
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by the way, how to check how many coins being burnt in total in the console?
type getburndata thanks, i get: "Formatted nEffectiveBurnCoins" : "21934.414283 So the total coins burnt is 21934, is this right? yup "moneysupply" : 46581.86000000, "Formatted nEffectiveBurnCoins" : "21934.327422" 47% of total minted burnt thanks, got it |
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ALTCOIN_N
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May 31, 2014, 06:02:16 AM |
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{
"blocks" : 2142,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.03582481,
"errors" : "",
"generate" : true,
"genproclimit" : 7,
"hashespersec" : 3476,
"networkghps" : 0.00133797,
"pooledtx" : 6,
"testnet" : false
}
{
"blocks" : 2182,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.07902743,
"errors" : "",
"generate" : true,
"genproclimit" : 7,
"hashespersec" : 3340,
"networkghps" : 0.00320208,
"pooledtx" : 6,
"testnet" : false
}
hash rate more than doubled during the past 40 blocks.
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ALTCOIN_N
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May 31, 2014, 06:04:17 AM |
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By the way, anybody know what is the relation between difficulty and POW block output?
For example, if difficulty double, what will happen to block output?
edit, I found this equation:
Subsidy = (the max mint reward) / (the forth root of the difficulty)
but don't understand very much
My understanding
max mint reward is 50
how about the forth root of difficulty?
Currently the diffuclty is less than 0.1, if we use this equation, this will result in a subsidy to be more than 50?
My last block reward is 13 coins
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jdcer
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May 31, 2014, 06:22:32 AM |
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 high price
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primer-
Legendary
Offline
Activity: 1092
Merit: 1000
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May 31, 2014, 06:23:36 AM |
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high price Not at all if you take into consideration how much 100 burnt today will be worth in 1 month. People selling are stupid. |
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r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
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May 31, 2014, 07:59:27 AM |
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such difficult
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pandher
Legendary
Offline
Activity: 952
Merit: 1000
Stagnation is Death
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May 31, 2014, 08:18:31 AM |
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People selling are stupid.
Yea, they should keep holding the coins for the rest of their lives so nobody could buy them and their is no economy |
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r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
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May 31, 2014, 08:36:30 AM |
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People selling are stupid.
Yea, they should keep holding the coins for the rest of their lives so nobody could buy them and their is no economy dig and hold! |
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eastwind_ja
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May 31, 2014, 08:51:06 AM |
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what 's the meanning of burnning coin?? burn for what?? have burnt 28 coins ,but get nothing ?why
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JohnDorien
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May 31, 2014, 09:04:42 AM |
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Someone interested in some coins w/o exchange fees? pm me
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Givatoshi_Moremoto
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May 31, 2014, 09:07:15 AM |
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what 's the meanning of burnning coin?? burn for what?? have burnt 28 coins ,but get nothing ?why
by burning coins, you are buying a portion of hashing PoB. why you get nothing is because there are almost 23000 coins burnt already your 28 coin is mere 0.1%. which means you have about 1 in 1000 chance of finding a block. |
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btccoffee
Sr. Member
Offline
Activity: 516
Merit: 250
kingcasino.io
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May 31, 2014, 09:09:32 AM |
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rfcdejong
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May 31, 2014, 09:36:44 AM |
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what 's the meanning of burnning coin?? burn for what?? have burnt 28 coins ,but get nothing ?why
by burning coins, you are buying a portion of hashing PoB. why you get nothing is because there are almost 23000 coins burnt already your 28 coin is mere 0.1%. which means you have about 1 in 1000 chance of finding a block. so i burned 80 coins, wow 0.4% chance of finding a block.. oh wait, i used two different wallets.. 1 wallet burned 20 coins = 0.1% chance 1 wallet burned 60 coins = 0.3% chance I ain't gonna find anything  |
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mvag
Newbie
Offline
Activity: 44
Merit: 0
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May 31, 2014, 09:53:40 AM
Last edit: May 31, 2014, 10:49:33 AM by mvag |
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Is it possible to burn coins via slimcoind on remote linux server? ...and then mint with PoB? EDIT: Found the answer to the first part of the question: ./slimcoind burncoins <fromaccount> <amount> [minconf=1] [comment] [comment-to] Now, how to mint? ./slimcoind setgenerate true? How slimcoind would know to use PoB but not PoW? Or would it use both? Thanks! |
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BruceLee007
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May 31, 2014, 09:58:50 AM |
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POB?
Sounds interesting.
Is Slim listed on exchange already?
want to buy some.
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