Ignition75
Sr. Member
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Activity: 462
Merit: 250
www.dashpay.io
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August 26, 2014, 02:46:51 PM |
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Quick note on the new inflation model, the reward normally halves when you get to half the coin reward. For a coin supply of 48m and 1.5m between halvings the initial supply would be 16 and after the halving it would be 8. I have been given a model of 15.37 coins now and 7.685 after the reward. It should be set that the reward is going to be 8 after the halving and to make up the difference now and for simplicity's sake the reward can be a round 15 right now. We will approximately be where we need to be at when we get to the halving. For a specific coin reward now we can use the following to work out the current coin reward if we want to be exact about it.
halvingTotal = 24,000,000 amountSoFar = Amount of coins minted at hardfork = Height of the hard fork halving = 1,500,000 // Reward halving height
halvingTotal - amountSoFar / halving - hardfork = New coin reward
Even if we go for a coin reward now that goes into the decimal places the reward after the halving should be 8 as this would be inline with typical coin supply. The halving will happen within a year of Talkcoin's launch. It is a relatively short wait until we hit 8 coins a block.
I like the nice round numbers as well...
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The new generation have arrived and they brought their own currency...
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TalkTeam (OP)
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August 26, 2014, 07:46:45 PM |
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If anyone has trouble syncing on the current version, please add these nodes to the talkcoin.conf file in your roaming folder:
addnode=erebor.dwarfpool.com addnode=moria.dwarfpool.com
This issue will be fixed in the next release which is progressing well and we are testing soon.
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TalkCoin | First Anonymous Chat | First NIST5 Algo
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karimdr2
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August 26, 2014, 08:38:08 PM |
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Extra nodes:
addnode=50.170.214.142 addnode=37.59.21.58 addnode=113.11.211.49 addnode=2.229.19.116 addnode=72.231.143.85 addnode=37.187.129.122 addnode=103.30.84.215
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thelastlion
Newbie
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Activity: 14
Merit: 0
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August 27, 2014, 01:01:50 AM |
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so,the origanal Dev is not at the team now?
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trixnstones
Newbie
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Activity: 25
Merit: 0
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August 27, 2014, 01:20:50 AM |
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so,the origanal Dev is not at the team now?
Correct, he wasn't being honest so the other members of the team are cleaning up the code and hard forking.
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luckydag
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August 27, 2014, 01:55:39 AM |
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3% charity donation still too much, make it 0.5% like CYC will be fine, 3% will scare away many investors.
open channel chat fee better remove, but private chat fee can increase
block reward is not important, if can add a shield ruled out multipool and future ASICs & FPGAs like deepcoin did will be good
Just a though, most ppl maybe not like it, but if dev want this coin become long term. my suggestion should be considered
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nicemycoin
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August 27, 2014, 06:51:07 AM |
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I am another TAC investor, i did buy a good number of TAC and i did mine some more. Never sold a single coin cuz i believe in it. The takeover seems well reasoned and i am behind it. However i am not supporting the new inflation level. This is way too much, Vertcoin is only one of the example of what such a high inflation is doing to a coin ! I do not see how a lower reward would be unfair to new investors, the people investing until now had believe in the coin, they were risking cash and time to invest in it.
Please re consider the block reward and put up a vote ! You wanna have better communication with the community, you wanna be a transparent coin. This is a major decision, do not simply take it, give a chance for the community to say what it wants. Also a vote is a fair way also for the new investors, if there are people interested in the coin but do not have any coins yet, they can simply vote for bigger blog reward.
I will keep supporting TAC but if you proceed with your plans, i can only see the price going down. And no one wants that ...
Agree with you very much.A vote is needed for sure.and nice price will attract new investors.low price will not of course,the rewards should be decrease more.
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deathmul
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August 27, 2014, 09:10:56 AM |
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Seems like price is extremely low. Someone is trying to kill this coin?
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lxru9999
Member
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Activity: 112
Merit: 10
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August 27, 2014, 09:35:41 AM |
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TAC still believe in the future every day, reducing the number of development, the number of participants in the Forum BTT reduction in exchange declining, in China's QQ group chat TAC were almost gone. Prices continued to fall, so that all the people have lost confidence on the TAC. Now the team took over talckcoin, announced plans to let a lot of people can not accept, so more than one million of the total 48, in order to let the people behind accept TAC, while the previous talkcoin has lost fans, which is detrimental to the development of tac. TAC development time some people just chat with the wallet, and now almost no one to chat with the wallet. If you can free chat, so that more people chat with TAC wallet, accept more people, the effect will naturally marketing advertising, start charging until the TAC development and expansion of the time. talkcoin is a failure of the coin. Because if nobody chat with TAC wallet.
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Ignition75
Sr. Member
Offline
Activity: 462
Merit: 250
www.dashpay.io
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August 27, 2014, 12:01:42 PM |
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Marketing will happen soon, we need to clean up all the legacy code first to give us a nice platform to innovate. Every night we speak in IRC, talking about the best way to make TAC a communications platform. Hard fork is coming then new roadmap, exciting times ahead for TAC.
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The new generation have arrived and they brought their own currency...
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bit_world
Newbie
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Activity: 14
Merit: 0
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August 27, 2014, 01:52:05 PM |
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Marketing will happen soon, we need to clean up all the legacy code first to give us a nice platform to innovate. Every night we speak in IRC, talking about the best way to make TAC a communications platform. Hard fork is coming then new roadmap, exciting times ahead for TAC. could you tell us from which block will you begin hard fork?
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duboisi
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August 28, 2014, 05:12:08 AM |
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Price down, net hash dropped.
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Litejavichu
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August 28, 2014, 07:53:34 AM |
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Don't know how begin this ..... First express my most sincere apologies to the people who discovered the trap in the code, I feel a great sadness for not having believed before and by the replies foul language. Second ... DEV DEV DEV, you have been a great disappointment, compared to a deception between friends, have a little bit of shame and not dump their TAC won dishonestly You have acted as an ignorant, you could win thousands of dollars with good reputation, but has preferred the quick way and the only thing that has been achieved is to stop many machines, here and in other currencies of their compatriots.
Third .... New team Talkcoin, please remove currency exchanges until hard fork
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lostwallet
Newbie
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Activity: 8
Merit: 0
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August 28, 2014, 08:26:07 AM |
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Seems like price is extremely low. Someone is trying to kill this coin?
Is Dev still stealing tac now?
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upsndowns
Newbie
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Activity: 13
Merit: 0
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August 28, 2014, 08:27:46 AM |
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DEAD COIN,OVER~
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Ignition75
Sr. Member
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Activity: 462
Merit: 250
www.dashpay.io
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August 28, 2014, 09:09:25 AM |
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We are about to start testing the new code on testnet, soon we will be free of the dishonest code.
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The new generation have arrived and they brought their own currency...
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Litejavichu
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August 28, 2014, 09:46:15 AM |
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We are about to start testing the new code on testnet, soon we will be free of the dishonest code.
Thanks Ignition75 If you need provided Betatester please send me an MP
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nicemycoin
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August 28, 2014, 11:24:39 AM |
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We are about to start testing the new code on testnet, soon we will be free of the dishonest code.
you guys should listen to the members of the community!
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Ignition75
Sr. Member
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Activity: 462
Merit: 250
www.dashpay.io
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August 28, 2014, 11:43:31 AM |
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We are about to start testing the new code on testnet, soon we will be free of the dishonest code.
you guys should listen to the members of the community! We are, we made decisions based on the best interests of everybody, present and future. Once we start marketing the demand will go up and the inflation will not be much for the coin.
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The new generation have arrived and they brought their own currency...
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nj1912
Newbie
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Activity: 14
Merit: 0
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August 28, 2014, 12:19:41 PM |
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We are about to start testing the new code on testnet, soon we will be free of the dishonest code.
yes,first of all ,the new team should tell the community what the dishonest code is .
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