DylansCryptoWorld
Newbie
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Activity: 12
Merit: 0
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February 07, 2015, 01:18:01 AM |
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Coin supply will only reach 100% once POS activates, this will allow us to monitor the inflation rate in real time to ensure it remains at 2% annually. This means the supply will be at 102% by September 23rd, 2015. The miners do not have the power to increase supply past 100%, due to the reserve system. This number is gathered as a comparison of the compounded reward calculated from the decay equations, and the actual money supply released into the block chain. It is to show the accuracy of the time released supply, so we can monitor the global inflation. Here is an older graph to show the supply curves over a 10 year span. These graphs are mathematically impossible to alter by block production rate in miners, ect. This is part of the function of the Reserve System. Currently finishing Coin Shield White Paper,Viz.can't wait viz!
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macorcina
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February 08, 2015, 11:08:28 AM |
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in next 2 - 3 years, what we can expect ? maximum of 15 - 18 mil coins ?
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Videlicet
Legendary
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Activity: 868
Merit: 1058
Creator of Nexus http://nexus.io
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February 08, 2015, 06:44:43 PM |
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Here is a list of the total supply at given dates in time:
9/23/2015: 26,042,198 CSD 9/23/2016: 42,055,131 CSD 9/23/2017: 52,206,118 CSD 9/23/2024: 74,785,385 CSD
Thank You, Viz.
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[ Nexus] Created by Viz. [ Videlicet] : "videre licet - it may be seen; evidently; clearly"
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Chabi
Newbie
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Activity: 16
Merit: 0
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February 08, 2015, 11:21:03 PM |
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Coin supply will only reach 100% once POS activates, this will allow us to monitor the inflation rate in real time to ensure it remains at 2% annually. This means the supply will be at 102% by September 23rd, 2015. The miners do not have the power to increase supply past 100%, due to the reserve system. This number is gathered as a comparison of the compounded reward calculated from the decay equations, and the actual money supply released into the block chain. It is to show the accuracy of the time released supply, so we can monitor the global inflation.
Here is an older graph to show the supply curves over a 10 year span. These graphs are mathematically impossible to alter by block production rate in miners, ect. This is part of the function of the Reserve System.
Currently finishing Coin Shield White Paper, Viz.
buying and waiting the WP.
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Chabi
Newbie
Offline
Activity: 16
Merit: 0
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February 08, 2015, 11:27:41 PM |
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Here is a list of the total supply at given dates in time:
9/23/2015: 26,042,198 CSD 9/23/2016: 42,055,131 CSD 9/23/2017: 52,206,118 CSD 9/23/2024: 74,785,385 CSD
Thank You, Viz.
Thanks for info about projected supply.
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MeGaDoOm
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February 09, 2015, 12:36:54 AM |
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In 10 years, 100 mil. right ? What I don't get is the 74 mil by 2024. Is the 74 because of the inflation ? Please explain where the inflation comes from !?
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macorcina
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February 09, 2015, 01:14:33 AM |
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Here is a list of the total supply at given dates in time:
9/23/2015: 26,042,198 CSD 9/23/2016: 42,055,131 CSD 9/23/2017: 52,206,118 CSD 9/23/2024: 74,785,385 CSD
Thank You, Viz.
many people read only OP , and they see 100 mil coins, Videlicet please put this info in OP, this is good explanation of coin supply
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KryptoKash (OP)
Sr. Member
Offline
Activity: 528
Merit: 275
YeBit: Affiliate Powered Token Sales & Airdrops
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February 09, 2015, 05:33:05 AM |
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Here is a list of the total supply at given dates in time:
9/23/2015: 26,042,198 CSD 9/23/2016: 42,055,131 CSD 9/23/2017: 52,206,118 CSD 9/23/2024: 74,785,385 CSD
Thank You, Viz.
many people read only OP , and they see 100 mil coins, Videlicet please put this info in OP, this is good explanation of coin supply Good idea, I will insert it, also please note: we are getting the OP designed, :-), Viz is currently working on the white paper He is almost done...but it is more like a book then a paper
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Videlicet
Legendary
Offline
Activity: 868
Merit: 1058
Creator of Nexus http://nexus.io
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February 09, 2015, 04:03:14 PM |
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I altered equations to be +1 rather than +3 to reduce inflation. 100M is a number that will never be reached for a long long long time Thank You,Viz.
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[ Nexus] Created by Viz. [ Videlicet] : "videre licet - it may be seen; evidently; clearly"
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AliMan
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February 10, 2015, 11:55:20 PM |
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For such a decent coin, we only have useless mining software that are the same being used since day 1 or so.
I'm not too good in programming or otherwise I would have made one sometime back.
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Videlicet
Legendary
Offline
Activity: 868
Merit: 1058
Creator of Nexus http://nexus.io
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February 11, 2015, 01:36:41 AM |
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For such a decent coin, we only have useless mining software that are the same being used since day 1 or so.
I'm not too good in programming or otherwise I would have made one sometime back.
Has actually been quite a bit of development compared to original miners. Thank You,Viz.
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[ Nexus] Created by Viz. [ Videlicet] : "videre licet - it may be seen; evidently; clearly"
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go6ooo1212
Legendary
Offline
Activity: 1512
Merit: 1000
quarkchain.io
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February 11, 2015, 04:27:48 AM |
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For such a decent coin, we only have useless mining software that are the same being used since day 1 or so.
I'm not too good in programming or otherwise I would have made one sometime back.
Has actually been quite a bit of development compared to original miners. Thank You,Viz.I think I saw 3 or 4 different releases...
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coinut
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February 11, 2015, 10:01:42 AM |
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For such a decent coin, we only have useless mining software that are the same being used since day 1 or so.
I'm not too good in programming or otherwise I would have made one sometime back.
Has actually been quite a bit of development compared to original miners. Thank You,Viz.I think I saw 3 or 4 different releases... any new Nvidia releases?
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macorcina
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February 11, 2015, 11:42:59 AM Last edit: February 11, 2015, 12:49:45 PM by macorcina |
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For such a decent coin, we only have useless mining software that are the same being used since day 1 or so.
I'm not too good in programming or otherwise I would have made one sometime back.
till now its several versions, i don't count, and all versions work from start CSD is not copy paste coin like 90% of the market, software is writing from scratch, with lot of innovations, miner work perfect...
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0x6A
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February 11, 2015, 01:46:10 PM |
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Is blockchain available to download? Syncing takes too long
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macorcina
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February 11, 2015, 02:33:14 PM |
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Is blockchain available to download? Syncing takes too long all coinshield directorium is about 340mb, it's not so big. compare with other coins is nothing, be patient, You do not need too much time to sync.
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AliMan
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February 11, 2015, 02:49:36 PM |
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For such a decent coin, we only have useless mining software that are the same being used since day 1 or so.
I'm not too good in programming or otherwise I would have made one sometime back.
till now its several versions, i don't count, and all versions work from start CSD is not copy paste coin like 90% of the market, software is writing from scratch, with lot of innovations, miner work perfect... Several versions and yet nothing mentioned about it in the first post? Like I said, it's not the coin that's a defect, it's rather the way it's been implemented and shown to the world. Mining is almost done anyways, gonna reach 1000 CSD on the gpu channel pretty soon. If there were more time, I'd put those several versions in one post, too late now.
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macorcina
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February 11, 2015, 03:14:05 PM Last edit: February 11, 2015, 03:28:15 PM by macorcina |
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For such a decent coin, we only have useless mining software that are the same being used since day 1 or so.
I'm not too good in programming or otherwise I would have made one sometime back.
till now its several versions, i don't count, and all versions work from start CSD is not copy paste coin like 90% of the market, software is writing from scratch, with lot of innovations, miner work perfect... Several versions and yet nothing mentioned about it in the first post? Like I said, it's not the coin that's a defect, it's rather the way it's been implemented and shown to the world. Mining is almost done anyways, gonna reach 1000 CSD on the gpu channel pretty soon. If there were more time, I'd put those several versions in one post, too late now. read only this page, few post, and several times is repeated in big bold text of coin supply on next 10 years, if you believe on this coin current price is around 500 sat. https://bittrex.com/Market/?MarketName=BTC-CSD, ...... cpu miner work out of box, win, and linux .... also gpu miner ..... like all other miners .... for all other coins also on this page you can read , lot of info, about POS, about White Paper, .........
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cbuchner1
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February 11, 2015, 06:06:44 PM |
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Time to raise the shields and to start munching on other coins' market capitalization IMHO.
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Videlicet
Legendary
Offline
Activity: 868
Merit: 1058
Creator of Nexus http://nexus.io
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February 12, 2015, 05:13:28 PM Last edit: February 12, 2015, 05:25:11 PM by Videlicet |
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Time to raise the shields and to start munching on other coins' market capitalization IMHO.
Definitely in this progression, finishing white paper first which will outline the whole process and infrastructure For such a decent coin, we only have useless mining software that are the same being used since day 1 or so.
I'm not too good in programming or otherwise I would have made one sometime back.
Bitslapper had done a lot of work on the GPU miners, I haven't had much time to work on CPU miner as my time has been spent building pools, block explorers, websites, core updates, white papers, and libraries from scratch. If you are unhappy with the current level of development in CPU miner, contributions from other users do definitely produce quicker results than just my ten fingers with ten tasks Current Developments:Currently I am finishing white paper and working with a graphic designer building the proper visualizations to be used in paper and for this thread. Logo is being redesigned and enhanced to bring upon our new image. These are the proper preceding steps for Krypto Kash's marketing plan. I will have a white paper finished, our designer will have the new image finished for thread and paper, and I will have core 1.0.3 by the time for this marketing. We will keep the community informed before we commence marketing if you wanted a last chance at getting CSD cheap Thank You,Viz.
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[ Nexus] Created by Viz. [ Videlicet] : "videre licet - it may be seen; evidently; clearly"
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