[ANN][SUPERCOIN]First P2p Decentralized Trustless Anonymous Wallet Coming Soon

[jakiman]

it's truly we have some risk when we update the source code, but for long term development, it is good for supercoin.

anyway,let's watch what will happen when first halve happens tomorrow.

hmmm I don't think the halve will occur tomorrow. The halve point is at pow-height = 19200 as per code. We are at
>> nHeight = 69459, nPoWHeight = 17496

now, this means we still have 19200 - 17496 = 1704 PoW blocks to go before halve. This will take about 2.5 days from now and according to the previous speed of the PoW generation (about 700-800 per day).

Hmm. I think you are correct as I mistakenly calculated as 960 pow blocks per day from the nPoWHeight 3 days ago.
Ah well, another day. I think we'll be fine. Just 1 more day to buy some cheap supercoins while we can. =)

[chedigital]

DEAD?

 

Coin is alive and kicking, SUPER DEV!!!, we are just dealing with multi pool dumps. As stated below POW reward should half in 2.5 days from now, should limit coins entering the market, and increase demand. A few more days of cheap coins, yuuuum.


 Hold on this should be fun.  

it's truly we have some risk when we update the source code, but for long term development, it is good for supercoin.

anyway,let's watch what will happen when first halve happens tomorrow.

hmmm I don't think the halve will occur tomorrow. The halve point is at pow-height = 19200 as per code. We are at
>> nHeight = 69459, nPoWHeight = 17496

now, this means we still have 19200 - 17496 = 1704 PoW blocks to go before halve. This will take about 2.5 days from now and according to the previous speed of the PoW generation (about 700-800 per day).

[chedigital]

DEAD?

 

Coin is alive and kicking, SUPER DEV!!!, we are just dealing with multi pool dumps. As stated below POW reward should half in 2.5 days from now, should limit coins entering the market, and increase demand. A few more days of cheap coins, yuuuum.


 Hold on this should be fun.  

it's truly we have some risk when we update the source code, but for long term development, it is good for supercoin.

anyway,let's watch what will happen when first halve happens tomorrow.

hmmm I don't think the halve will occur tomorrow. The halve point is at pow-height = 19200 as per code. We are at
>> nHeight = 69459, nPoWHeight = 17496

now, this means we still have 19200 - 17496 = 1704 PoW blocks to go before halve. This will take about 2.5 days from now and according to the previous speed of the PoW generation (about 700-800 per day).

I want to buy more coins at this price but I don't have confidence to control more coins...



I bought it at high price..

I'll keep holding..

WOAH! POS is turned on, you could be getting about 3-5k SUPER per day, with that balance.  Rock ON!

 

[provenceday]

666try

you are a whale.

[666try]

666try

you are a whale.

I'm not a whole.

I've bought it at very high price...

Just idiot.

 

Anyway, I'll keep holding..

[provenceday]

666try

you are a whale.

I'm not a whole.

I've bought it at very high price...

Just idiot.

 

Anyway, I'll keep holding..

do not be sad, it's a hard time for supercoin now because some fud by Poloniex, but we will overcome it soon.

we are the third coin have a Anon Wallet. After darkcoin and XC coin.

[supercointeam]

Like said yesterday, will alert community fast, here is the busoni's answer,

"I'm having someone else who has worked on a lot of coins do his own checks on this, but this is what I came up with myself for the total PoW coins. I am not a coin dev and am not that familiar with coin sources, so I'm not sure if I missed something, but I came up with slightly more than the quoted PoW total. Not a hanging offense, but I just was wondering if I made an error somewhere.

(0.05 * 50000000) + ((19200-1) * 512) + ((28800-19200)*256) + ((38400-28800)*128) + ((48000-38400)*64) + ((57600-48000)*32) + ((67200-57600)*16) + ((76800-67200)*Cool + ((86400-76800)*4) + ((96000-86400)*2) + (400000-96000) = 17529888 (2500000 IPO premine + 15029888 mineable)

15029888 / 399999 = 37.57481 average block reward

(399998/4800)*127*37.57481 + (399998/960)*15*37.57481 + (399998/120)*3*37.57481 = 1008252 additional from superblocks

17529888 + 1008252 = 18,538,140 total PoW coins


So, that's 18.5 mil versus the 18.2 mil from your ANN post. Did I miss something? Or is this just variation due to the pseudo-random superblocks?"

And my answer:
Hello,
One error in this calculation is that the cutoff point is block 400,000, not PoW block 400,000.
You assumed PoW block 400,000, which is completely wrong block 400,000 is about at PoW block 86400-96000, depends on pos generation so you over-estimated 300K there rest calculation seems reasonable.
18.5-0.3=18.2  mil.

Is there any other concerns about SuperCoin? Let's communicate.

Best wishes from Supercoin Team

edit: I will not share more pms just to prove we are really working on it because waiting too long may have new difficulties for involved parties in the community. Both poloniex and super team is communicating. Still may have more problems to solve we will see what comes. This is not intended to offense anyone. As a dev team our job to help parties better understand our product.

[provenceday]

like said yesterday here is busoni's answer after waiting long hours,

"I'm having someone else who has worked on a lot of coins do his own checks on this, but this is what I came up with myself for the total PoW coins. I am not a coin dev and am not that familiar with coin sources, so I'm not sure if I missed something, but I came up with slightly more than the quoted PoW total. Not a hanging offense, but I just was wondering if I made an error somewhere.

(0.05 * 50000000) + ((19200-1) * 512) + ((28800-19200)*256) + ((38400-28800)*128) + ((48000-38400)*64) + ((57600-48000)*32) + ((67200-57600)*16) + ((76800-67200)*Cool + ((86400-76800)*4) + ((96000-86400)*2) + (400000-96000) = 17529888 (2500000 IPO premine + 15029888 mineable)

15029888 / 399999 = 37.57481 average block reward

(399998/4800)*127*37.57481 + (399998/960)*15*37.57481 + (399998/120)*3*37.57481 = 1008252 additional from superblocks

17529888 + 1008252 = 18,538,140 total PoW coins


So, that's 18.5 mil versus the 18.2 mil from your ANN post. Did I miss something? Or is this just variation due to the pseudo-random superblocks?
"
I make no comment here. I'll answer him promptly about we already dropped PoW from 50 to 18.2 or 18.5 which does not matter.

dev ask them add Supercoin, that's the last thing they can do for supercoin.

[bitrap]

Someone bought a shit ton of coins after supercointeam's post

edit: actually it looks like it was 2 minutes before it.....

[supercointeam]

my answer to him.


Hello,
One error in this calculation is that the cutoff point is block 400,000, not PoW block 400,000
You assumed PoW block 400,000, which is completely wrong block 400,000 is about at PoW block 86400-96000, depends on pos generation so you over-estimated 300K there rest calculation seems reasonable
18.5-0.3=18.2  mil.

Is there any other concerns about SuperCoin? Let's communicate.

Best wishes from Supercoin Team

[chedigital]

my answer was to him.


Hello,
One error in this calculation is that the cutoff point is block 400,000, not PoW block 400,000
You assumed PoW block 400,000, which is completely wrong block 400,000 is about at PoW block 86400-96000, depends on pos generation so you over-estimated 300K there rest calculation seems reasonable
18.5-0.3=18.2  mil.

Is there any other concerns about SuperCoin? Let's communicate.

Best wishes from Supercoin Team

THanks for the update DEV! Great news! So if POW supply calculations in the source was his last set concerns then we should be passing the security audit.  

POW 18.2 Mil

Viva SuperCoin!

[DjstarX]

Don't ask them to add super to Polo , It's not needed  , What's urgent is MAKING IT CLEAR that someone made a mistake and putting this to rest , Supercoin can do without the exchange . But going foward we need this situation put to rest once and for all , when he is done reviewing the code he can put a last statement on that thread and close it . Thats all .

[bitrap]

Judging busoni's response, he seems very embarrassed and reluctant to admit his mistakes, despite his apology on the 12th page of his FUD thread.

And WHY is he still trying to do the math himself??? He's shown himself completely incompetent at studying code, and says his expert reviewer is on the task?

So many questions...

[provenceday]

and my answer:


Hello,
One error in this calculation is that the cutoff point is block 400,000, not PoW block 400,000
You assumed PoW block 400,000, which is completely wrong block 400,000 is about at PoW block 86400-96000, depends on pos generation so you over-estimated 300K there rest calculation seems reasonable
18.5-0.3=18.2  mil.

Is there any other concerns about SuperCoin? Let's communicate.

Best wishes from Supercoin Team

that's very gentlemanlike, now he know he has make a big mistake and do some harm on supercoin community.

[provenceday]

ok so he knows his mistake and confirmed our calculation is correct  he tried to find some mistakes in our code, lol like now we are at block 69565, which is PoW-block 17530

he can not understand this?
 

if this true, you can tell him both pos and pow generate new coins, and they are separated.

[DjstarX]

You got to be kidding me , just like that the price is rising ..Wow !

[fireinyourhole]

he's dealing with an alt coin expert :-)

Fantastic job dev, i had complete faith you could handle situation. Anyways if I panicked price would be 800 sats

[provenceday]

ok so he knows his mistake and confirmed our calculation is correct  he tried to find some mistakes in our code, lol like now we are at block 69565, which is PoW-block 17530

he can not understand this?
 

if this true, you can tell him both pos and pow generate new coins, and they are separated.

  he's dealing with an alt coin expert.

seems their altcoin expert still do not know much about altcoin...
for a altcoin expert, it at most take him 20 minutes to know everything clearly.
 

[supercointeam]

We are a SUPER team together.
That's why we are SUPER coin :-)

[fireinyourhole]

he's dealing with an alt coin expert :-)

Fantastic job dev, i had complete faith you could handle situation. Anyways if I panicked price would be 800 sats

We are a SUPER team together.
It looks we'r handling so well one of greatest fud ever seen on the alt coin history.
That's why we are SUPER coin :-)

SUPER TO MOON!