primer-
Legendary
Offline
Activity: 1092
Merit: 1000
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May 29, 2014, 12:28:59 AM |
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Waiiiit, so what happens at block 500 for example, how much is a pow reward ?
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BitcoinFX
Legendary
Offline
Activity: 2646
Merit: 1722
https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF
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May 29, 2014, 12:32:34 AM |
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Waiiiit, so what happens at block 500 for example, how much is a pow reward ?
The block reward won't be much below 15 SLM for a good number of PoW blocks, I'm guessing. Well worth trying to mine a block for the PoB reward. ~ 520 confirmations required on mined PoW blocks before coins can be spent or burnt.
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glop
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May 29, 2014, 12:33:10 AM |
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520 confirmations required on mined PoW blocks before coins can be spent or burnt.
Need to be patient....... ; but I have first to catch something myself...
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qiuxiang
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May 29, 2014, 12:34:05 AM |
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Waiiiit, so what happens at block 500 for example, how much is a pow reward ?
It depends on difficulty? Can the developer show the equation of coin_output=f(diff)?
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primer-
Legendary
Offline
Activity: 1092
Merit: 1000
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May 29, 2014, 12:34:19 AM |
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Waiiiit, so what happens at block 500 for example, how much is a pow reward ?
The block reward won't be much below 15 SLM for a good number of PoW blocks, I'm guessing. Well worth trying to mine a block for the PoB reward. ~ 520 confirmations required on mined PoW blocks before coins can be spent or burnt. How does it work if you dont mine and buy instead ? Does it burn by itself when mature or do you initiate the burn ? how ?
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forzendiablo
Legendary
Offline
Activity: 1526
Merit: 1000
the grandpa of cryptos
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May 29, 2014, 12:34:52 AM |
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scam or it really works?
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yolo
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qiuxiang
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May 29, 2014, 12:35:26 AM |
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addnode=107.181.250.216 addnode=107.181.250.217
Very innovative and interesting concept - Slimcoin - Congrats! The next Primecoin / Peercoin even !?! I agree with you, it is very innovative.
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primer-
Legendary
Offline
Activity: 1092
Merit: 1000
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May 29, 2014, 12:42:18 AM |
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Someone explain how burning works, lets say i mined two blocks, total 60 coins. What do i get by burning them ?
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glop
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May 29, 2014, 12:42:43 AM |
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Yes !!!! Got my first block !!!!
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glop
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May 29, 2014, 12:43:41 AM |
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Someone explain how burning works, lets say i mined two blocks, total 60 coins. What do i get by burning them ?
It seems acting like hash power to create more coin in the burning process. Instead to buy material with coin , ... you burn coin... very similar
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primer-
Legendary
Offline
Activity: 1092
Merit: 1000
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May 29, 2014, 12:44:58 AM |
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Someone explain how burning works, lets say i mined two blocks, total 60 coins. What do i get by burning them ?
It seems acting like hash power to create more coin in the burning process Can you burn them and not get any in return ?
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qiuxiang
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May 29, 2014, 12:46:25 AM |
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Yes !!!! Got my first block !!!!
Congradulation
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BitcoinFX
Legendary
Offline
Activity: 2646
Merit: 1722
https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF
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May 29, 2014, 12:47:07 AM |
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Someone explain how burning works, lets say i mined two blocks, total 60 coins. What do i get by burning them ?
PoB reward is a max. of 250 Slimcoins - So, guessing that it will be from 0 to 250 ? (Need to check the code - busy setting up instances etc.) Not sure at present if PoB has a 'difficulty' as such or is just a luck based variable ?
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qiuxiang
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May 29, 2014, 12:47:13 AM |
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Someone explain how burning works, lets say i mined two blocks, total 60 coins. What do i get by burning them ?
It seems acting like hash power to create more coin in the burning process Can you burn them and not get any in return ? you'd better ask dev
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SyRenity
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May 29, 2014, 12:47:54 AM |
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How to check on Linux console, if any block was mined?
Also, any pools incoming?
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glop
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May 29, 2014, 12:48:27 AM |
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Yes !!!! Got my first block !!!!
Congradulation I was just a bit worry about my conf, after 1 hour.....
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xx63245613
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May 29, 2014, 12:54:05 AM |
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burn coin?i like it
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BitcoinFX
Legendary
Offline
Activity: 2646
Merit: 1722
https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF
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May 29, 2014, 12:56:17 AM |
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In the future, if/when Slimcoins have a 'value', folks are going to be looking at: Net Burnt Coins: x and be saying wow - those are now worth X $$$ Reducing the total money supply will make existing coins in circulation worth more, of course. Keep mining this one - it could pay of really well !
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signingoff
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May 29, 2014, 12:56:41 AM |
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I want to buy to burn, please pm me.
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glop
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May 29, 2014, 12:56:59 AM |
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burn coin?i like it
Specially if it is well toasted !
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