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Author Topic: [ANN]AXIS coin + - Hybrid - X13 - 6M. Android Ticker. MANDATORY WALLET!  (Read 99274 times)
PiOfCube
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June 08, 2014, 09:46:34 PM
 #621

Here's code:

Premine of 1% (of 12million) and 687.5 block reward:

Code:
int64 GetProofOfWorkReward(int nHeight, int64 nFees, uint256 prevHash)
{
    int64_t nSubsidy = 687.5 * COIN;

    if(nHeight == 1)
nSubsidy = 120000 * COIN;

    else if(nHeight <= 100)
nSubsidy = 1 * COIN;
    
    return nSubsidy + nFees;
}

TOTAL money supply (PoW + PoS)

Code:
static const int64 MAX_MONEY = 36000000 * COIN; // 36 Million

However, I can't find the missing 6 million coins either.  I don't know how you get 12 million coins in the PoW phase.  Blocks aren't fully mature to stake for 30 days (but they can start in 7 hours):

Code:
unsigned int nStakeMinAge = 60 * 60 * 7 * 1; // minimum age for coin age:  7h
unsigned int nStakeMaxAge = 60 * 60 * 24 * 30; // stake age of full weight:  30d

687.5 block reward * 1440 blocks per day + 120,000 premine = 6059312.5 after 6 days. (990,000 coins for 5 days, 1st day with premine was 1109312.5 coins)

So...I don't know where 12 million coins in the PoW phase comes in.  In fact, we're about 1/3 of the way through PoW right now (on block 2735 of 8640).  The current money supply is 1,935,099.0.  That's almost 1/3 the total I just calculated (6,059,312.5).

I think the total PoW coins is ~6,000,000.  Thus, the premine was actually 2%.

This is good and bad. Less coins means it's worth more.  However, a 2% premine means we were lied to.

The other option is that I'm just not seeing 6 million coins somewhere.  They aren't in the money supply right now and, at this rate, won't be by the end of PoW.

I don't feel I was lied to If he had double the amount of actual coins he said he had I would, but he always said the premine was "120,000" right ?

and ya so once pos starts we'll already have however many days stake on the coins since we deposited your first deposits, and you have a chance of getting your coins staked after only 7 hours (after pow ends of course) but a coin will never get more than 30 days worth of stake on it (full maturity) so be sure to leave your wallets open/unlocked consistently after pow ends to be sure you don't miss out on any Smiley

Problems always start when you try to use "X coins per day" instead of just "total blocks" or "POW Cutoff Height". There is no guarantee that any coin will produce the exact amount of coins per day.

Stick with pure code and what the code is written to do.
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zing96
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June 08, 2014, 10:00:13 PM
 #622

Quote
I don't feel I was lied to If he had double the amount of actual coins he said he had I would, but he always said the premine was "120,000" right ?

You're right.  I (maybe incorrectly) assumed the premine was stated in the OP to be a percentage of total coins (like it almost always is in announcement threads).  However, if the value stated in the OP was always 120,000, then we were not misled.  This is my error.  I'm sorry.

To be perfectly clear, I'm happy the total coins was a typo and is now ~6,000,000.  But, let's BE COMPLETELY HONEST.  How many of you would have been on board since day one if the original post would have been correct and stated: 2% Premine and 6,000,000 coins?  I'm guessing many of you would not have started mining this.  Everyone would have screamed that the premine was too high.  Just a guess.  But, that's all in the past now.  I hope good things for this coin.
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June 08, 2014, 10:34:46 PM
 #623

Quote
I don't feel I was lied to If he had double the amount of actual coins he said he had I would, but he always said the premine was "120,000" right ?

You're right.  I (maybe incorrectly) assumed the premine was stated in the OP to be a percentage of total coins (like it almost always is in announcement threads).  However, if the value stated in the OP was always 120,000, then we were not misled.  This is my error.  I'm sorry.

To be perfectly clear, I'm happy the total coins was a typo and is now ~6,000,000.  But, let's BE COMPLETELY HONEST.  How many of you would have been on board since day one if the original post would have been correct and stated: 2% Premine and 6,000,000 coins?  I'm guessing many of you would not have started mining this.  Everyone would have screamed that the premine was too high.  Just a guess.  But, that's all in the past now.  I hope good things for this coin.

can see your point for sure, my room mate and I are always arguing about premines... he hates them, where as I see them as almost necessary to get the ball rolling quickly and efficiently when dev uses it correctly... lol obviously crappy dev's have given them a bad name and it gets hard to trust anon devs. 

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June 09, 2014, 12:28:26 AM
 #624

any news Grin

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June 09, 2014, 01:01:49 AM
 #625

price is low

Let's color the MOON:Y9N4txhZwH1t6iDN51cFKrxxg4BJPZM9tr
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June 09, 2014, 01:12:49 AM
 #626

This is dropping in a downward death spiral. Not at all what i figured would happen right off the bat. figured it would swing a little not just dive into the deck.  Roll Eyes

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June 09, 2014, 01:24:32 AM
Last edit: June 09, 2014, 07:03:37 AM by fonzerrellie
 #627

This is dropping in a downward death spiral. Not at all what i figured would happen right off the bat. figured it would swing a little not just dive into the deck.  Roll Eyes

most coins do this while in POW unless bosting a new tech (usually untested feature) or is inflated from hyping

so mining has been awesome, wish some of the big miners would even out  the hash power out a bit more among the pools, but so far so good

EDIT: this is a brand new site, it's super fast easy to use and easy on the eye's... probably wouldn't take much effort to get Axis added, they've got a good thread going on here in altcoin market place. Smiley check them out

https://www.kingcoiny.com/index.php?page=trade&market=18#

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dminer69
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June 09, 2014, 02:50:41 AM
 #628

when is pow ends? june 13 or 12 ?
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June 09, 2014, 02:53:27 AM
 #629

Price will drop as supply increases, then I expect a rally to begin shortly before PoW ends. AXIS coin has had an excellent start compared to a lot of other new cryptos. Gonna hold for awhile.
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June 09, 2014, 04:51:34 AM
 #630

i can't send my coin fro wallwt , its silient , no warning ,  no message at all

chisefu
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June 09, 2014, 06:34:42 AM
 #631

i can't send my coin fro wallwt , its silient , no warning ,  no message at all

It's because you're mining ninja coins
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June 09, 2014, 06:50:13 AM
 #632

i can't send my coin fro wallwt , its silient , no warning ,  no message at all

It's because you're mining ninja coins

he can't send , not that he can't view them,is this how stealth address work?
tramphuochuy
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June 09, 2014, 07:28:18 AM
 #633

i can't send my coin fro wallwt , its silient , no warning ,  no message at all

It's because you're mining ninja coins

he can't send , not that he can't view them,is this how stealth address work?

 this coin is scam coin , or  i mining wrong method ?

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June 09, 2014, 07:34:13 AM
 #634

i can't send my coin fro wallwt , its silient , no warning ,  no message at all

It's because you're mining ninja coins

he can't send , not that he can't view them,is this how stealth address work?

 this coin is scam coin , or  i mining wrong method ?

I've only sent coins from bittrex to my wallet none from the pool yet, it's the x13mod sgminer, which pool are you on? I'll try and send some from dedicated and see what happens

EDIT: Less than a minute and they were home in the wallet safe and sound

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BitcoinBaBa
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June 09, 2014, 08:47:48 AM
 #635

It's simple.

Code:
6 days of hashing = ~6M
6M + premine = 12M
premine = ?
Grin

I don't understand why dev ignore this question.
I didn't even see the question, I'm sorry. It's Sunday and I'm outside in the garden, with my family.

It's a typo Smiley I'm waiting for Mike to come. When he comes, I'll fix it and update entire ANN.

Got some hot news as well!

Waiting for this hot news.
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June 09, 2014, 10:10:41 AM
 #636

Good morning all Smiley Just finished an article about AXIS Coin over @ Bitcoin Mafia. Feel free to check it out and let me know what you think!

http://bitcoinmafia.com/bittys-blog/axiscoin-lean-green-x13/

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June 09, 2014, 12:34:51 PM
 #637

i can't send my coin fro wallwt , its silient , no warning ,  no message at all

It's because you're mining ninja coins

he can't send , not that he can't view them,is this how stealth address work?

 this coin is scam coin , or  i mining wrong method ?

I've only sent coins from bittrex to my wallet none from the pool yet, it's the x13mod sgminer, which pool are you on? I'll try and send some from dedicated and see what happens

EDIT: Less than a minute and they were home in the wallet safe and sound
My wallet works fine too.
Syncing and connecting very fast

Hey, smexy. Don't waste your time. Time's precious.
MissingAllBoats
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June 09, 2014, 12:55:55 PM
 #638

Where is the damn stratum for dedicated pool ?
tramphuochuy
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June 09, 2014, 12:59:46 PM
 #639

i can't send my coin fro wallwt , its silient , no warning ,  no message at all

It's because you're mining ninja coins

he can't send , not that he can't view them,is this how stealth address work?

 this coin is scam coin , or  i mining wrong method ?

I've only sent coins from bittrex to my wallet none from the pool yet, it's the x13mod sgminer, which pool are you on? I'll try and send some from dedicated and see what happens

EDIT: Less than a minute and they were home in the wallet safe and sound

Sorry but my coin is already in my wallet , but i can't send from my wallet to bittrex for trading
@chisepu : i don't know what's ninja coin  , can you explain more , thanks

My wallet


KeyserSozeMC
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June 09, 2014, 01:03:09 PM
 #640

Where is the damn stratum for dedicated pool ?
This should work

Code:
east1.us.stratum.dedicatedpool.com:7002

Code:
amsterdam.eu.stratum.dedicatedpool.com:7002

Hey, smexy. Don't waste your time. Time's precious.
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