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Author Topic: [ANN] [JUDGE] Judge Coin | Multipool is UP @ http://judge.bemining.net/  (Read 148348 times)
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Rainer4256
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July 15, 2014, 07:43:53 PM
 #1261

Looking at my stake weight I have more than 25% of the network weight. There must be a lot of coins on exchanges. What for? Dumping?

How many coins are you staking?  How long have you held them before you started to stake?

I got my first coins on July 7, then continued mining and buying and never transferred any coins away from my wallet.

Edit: I have roughly 16K.

First of all we really need a good PoS guide.  Not many people including myself really understand at the math level how PoS works.  From what I have read your coin age is a factor.  Through a formula that is factored with your total coins produces a steak weight. So if you hold your coins for a while on first stake you kind of move to near the front of the line. After that initial stake your coin age drops which should give you a lower stake value.

You wrote "steak weight": yummy!  Grin

From what I know about staking a coin loses its age when transferred. So if all other coin holders don't move their coins their stake age must decrease as well.

Edit: Btw the OP says nothing about a max coin age.

Yeah, I did say steak Smiley If DOGE goes PoS they should make it Steak!

Have to dig out the max coin age and post.  Then again I am going to bounty someone to write PoS guide.  

Nice pun!  Cheesy

Just to be clear: my initial post was NOT a complaint.

Glad you pointed it out Smiley Pointing things out that need to be fixed is encouraged here!

Before we take on bigger and better things we should be rock solid on base coin technical specifications and wallet operation.

This is how I understand PoS applied to JUDGE

For Judgecoin specifically, PoW and PoS blocks are independent. Just as you're betting your consumed electricity and mining time vs. the possible PoW-block's reward, in the PoS blocks you're betting your coin-age: the amount oF JUDGE you own multiplied by the number of hours they've sat idly in your wallet. It must be a minimum of 24 hours and a maximum of X for your coins to start generating tickets for the PoS raffle.

Should your ticket win, you earn 6% interest and lose all your coin-age, so your coins are, from the network POV, as though you had just received them. I.e. you'll need to wait another 24 hours for them to be able to pay you interest again. Over time, though, you're just supposed to earn about 6% annually.




If you are interested in how POS works here is an interesting link:

http://www.peercoin.net/whitepaper

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Rainer4256
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July 15, 2014, 07:57:48 PM
 #1262

For an annual interest of 6% you have to solve this equation:

Code:
1.06=(1 + x/100)^365

in which x = 0.016% daily. And this is roughly what I get for my coins.

ReserveShare - 100% Free and Fair. New source code. Proof Of Reserve
CureCoin: B78ozT6ChVMxiB5dMaY9d5rdzZ5GZvn9hT -- A giant leap for mankind! -- Start folding proteins now.
BitcoinDark: RF4asDkANqyb65yHaoEX8X896ek8eKrLhL -- Unprecedented! Check it out.
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July 15, 2014, 09:13:31 PM
 #1263

For an annual interest of 6% you have to solve this equation:

Code:
1.06=(1 + x/100)^365

in which x = 0.016% daily. And this is roughly what I get for my coins.

And as I understand, it is compound interest so your interest is earning interest to make that 6%. So after 2 years it will be equivalent of ~12.3% total interest.

Judge Coin Facebook Manager
Judge: JbJjiXGnQpNMKQZTrbhChBKX3SfDaS85hi || BTC: 14WATjFEu7731o6MGsHs3CRn7fMigxEdvL
Rainer4256
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July 15, 2014, 09:19:59 PM
 #1264

For an annual interest of 6% you have to solve this equation:

Code:
1.06=(1 + x/100)^365

in which x = 0.016% daily. And this is roughly what I get for my coins.

And as I understand, it is compound interest so your interest is earning interest to make that 6%. So after 2 years it will be equivalent of ~12.3% total interest.


That's correct. 12.36%

ReserveShare - 100% Free and Fair. New source code. Proof Of Reserve
CureCoin: B78ozT6ChVMxiB5dMaY9d5rdzZ5GZvn9hT -- A giant leap for mankind! -- Start folding proteins now.
BitcoinDark: RF4asDkANqyb65yHaoEX8X896ek8eKrLhL -- Unprecedented! Check it out.
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July 15, 2014, 10:20:18 PM
 #1265

I would just like to post how happy I am to have Judge still be so active on the forum and for keeping up with the coin's development! There are only 2 other coins that I am mining that even come close to the activity level of Judge and his team. Also I think there is a great and supporting community here as well. These are IMHO the 2 most important factors in having a long term successful coin!  Keep up the great work!

Have a Great Day!

ReddCoin: Rc2p4G8tdHNS5MggnnEPq1KivwkQTSu8Gt     NetCoin: nTsdxYt4KpAYT3rAdVPCsgrAgSXUiEJhUL
Rainer4256
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July 15, 2014, 10:28:07 PM
 #1266

I would just like to post how happy I am to have Judge still be so active on the forum and for keeping up with the coin's development! There are only 2 other coins that I am mining that even come close to the activity level of Judge and his team. Also I think there is a great and supporting community here as well. These are IMHO the 2 most important factors in having a long term successful coin!  Keep up the great work!

Have a Great Day!

Alright, let me add another 2 factors: the vision to establish a trustworthy currency in contrast to the other 99% scamcoins. And, finally, building a user-friendly environment, such as a beautiful wallet, block explorer, own mining pool, and maybe a radio show.

ReserveShare - 100% Free and Fair. New source code. Proof Of Reserve
CureCoin: B78ozT6ChVMxiB5dMaY9d5rdzZ5GZvn9hT -- A giant leap for mankind! -- Start folding proteins now.
BitcoinDark: RF4asDkANqyb65yHaoEX8X896ek8eKrLhL -- Unprecedented! Check it out.
judgecrypto
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July 16, 2014, 12:24:23 AM
 #1267

I would just like to post how happy I am to have Judge still be so active on the forum and for keeping up with the coin's development! There are only 2 other coins that I am mining that even come close to the activity level of Judge and his team. Also I think there is a great and supporting community here as well. These are IMHO the 2 most important factors in having a long term successful coin!  Keep up the great work!

Have a Great Day!

Alright, let me add another 2 factors: the vision to establish a trustworthy currency in contrast to the other 99% scamcoins. And, finally, building a user-friendly environment, such as a beautiful wallet, block explorer, own mining pool, and maybe a radio show.

Rainer and Fitness thanks for the positive support!  Smiley 
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July 16, 2014, 12:55:54 AM
 #1268

PoW difficulty is under 100 right now...

http://chainz.cryptoid.info/judge/#

Point your miners at our pool
http://pool.judgecoin.com
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July 16, 2014, 01:10:43 AM
 #1269

PoW difficulty is under 100 right now...

http://chainz.cryptoid.info/judge/#

Point your miners at our pool
http://pool.judgecoin.com

Chugging away with my measly 6 Mh/s Smiley
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July 16, 2014, 01:16:54 AM
 #1270

PoW difficulty is under 100 right now...

http://chainz.cryptoid.info/judge/#

Point your miners at our pool
http://pool.judgecoin.com

Chugging away with my measly 6 Mh/s Smiley

Nothing is too measly! Every single bit helps and we appreciate all the support! I would love to be in here more, but I'm busy nugging away at v1.1.1 (checkpoints, Linux GUI, and other tidbits) and the multipool that will pay in JUDGECOIN! Just wanted to pop up and say HI! So, HI!

Back to the land of screen, nano, make, mv, node, and redis. :-)


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Grifftech2k4
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July 16, 2014, 01:45:51 AM
 #1271

PoW difficulty is under 100 right now...

http://chainz.cryptoid.info/judge/#

Point your miners at our pool
http://pool.judgecoin.com

Chugging away with my measly 6 Mh/s Smiley

Nothing is too measly! Every single bit helps and we appreciate all the support! I would love to be in here more, but I'm busy nugging away at v1.1.1 (checkpoints, Linux GUI, and other tidbits) and the multipool that will pay in JUDGECOIN! Just wanted to pop up and say HI! So, HI!

Back to the land of screen, nano, make, mv, node, and redis. :-)

rock on man!!! Keep up the great work!!
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July 16, 2014, 02:13:23 AM
 #1272

PoW difficulty is under 100 right now...

http://chainz.cryptoid.info/judge/#

Point your miners at our pool
http://pool.judgecoin.com

Chugging away with my measly 6 Mh/s Smiley

Nothing is too measly! Every single bit helps and we appreciate all the support! I would love to be in here more, but I'm busy nugging away at v1.1.1 (checkpoints, Linux GUI, and other tidbits) and the multipool that will pay in JUDGECOIN! Just wanted to pop up and say HI! So, HI!

Back to the land of screen, nano, make, mv, node, and redis. :-)

I was able to get it the Qt wallet to compile under Linux (Kubuntu 13.10) with a minor tweak to the code (original would throw errors).  I wouldn't mind sharing the solution if that is what you are referring to.

**edit** PM'd you with my solution
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July 16, 2014, 04:40:30 AM
 #1273

Holy blocks batman, Judgepool is dumping em like crazy
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July 16, 2014, 05:05:30 AM
 #1274

Holy blocks batman, Judgepool is dumping em like crazy

You do mean finding them like crazy right? Smiley

Have a Good Day.

ReddCoin: Rc2p4G8tdHNS5MggnnEPq1KivwkQTSu8Gt     NetCoin: nTsdxYt4KpAYT3rAdVPCsgrAgSXUiEJhUL
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July 16, 2014, 05:35:17 AM
 #1275

Right now is the time to mine! come check out the official pool we are gaining workers! Smiley and blocks of course! Smiley



When you mine at the official Judge Coin pool half of the 2% fee goes to the Judge Coin General Fund!

http://chainz.cryptoid.info/judge/address.dws?JKZct7XRHmgKKWiR3QdKYgfUETeAcQJXdz.htm
judgecrypto
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July 16, 2014, 05:48:42 AM
 #1276

Gizfreak is posting some cool images in our forums Smiley
http://judgecoin.com/FORUMS/tabid/94/aft/12/Default.aspx

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July 16, 2014, 06:12:34 AM
 #1277

Thats a great poster Smiley
judgecrypto
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July 16, 2014, 07:17:34 AM
 #1278

There is a reddit contest for top 5 memes Smiley

http://www.reddit.com/r/JudgeCoin/comments/2aqq48/judgecoin_reddit_giveaway_submit_your_best_judge/
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July 16, 2014, 03:34:06 PM
 #1279





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July 16, 2014, 05:26:47 PM
 #1280

Bonn3rs Birthday Bonus!

Today is my birthday and completely contrary to tradition, I'll be sending you gifts in Judge!

All you have to do is like the Facebook page and comment your address and at midnight I will be awarding random people random prizes in Judge Coin.

One lucky person will receive 150 Judge!

If you've shared a link on the page your chances of winning will be doubled!

Please note the drawing time is subject to my alcohol intake levels... it is my birthday after all  Grin

Judge Coin Facebook Manager
Judge: JbJjiXGnQpNMKQZTrbhChBKX3SfDaS85hi || BTC: 14WATjFEu7731o6MGsHs3CRn7fMigxEdvL
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