[ANN][RVC] / RevoCoin / POS - POW / 10,000kh miner limit / LAUNCH 22-07

[mumak]

O, God of Crypto, why writing is so easy and so hard to read?
WCA..WCZ on Swiss... again!

[bbr]

Is it just me or are there going to be WAAAAAAAAAY less coins than stated in the OP?

From the block reward source that ocminer posted this is the total (there may be more but the source posted only goes to block 8640)

Blocks          Reward      Coins
0 - 119          0               0
120 - 719      1000           600,000
720 - 1439     500            360,000
1440 - 2159   1500           1,080,000
2160 - 2879   500            360,000
2880 - 3599   10000         7,200,000
3600 - 4319   500            360,000
4320 - 5039   2000           1,440,000
5040 - 5759   500            360,000
5760 - 6479   2500           1,800,000
6480 - 7199   500            360,000
7200 - 7919   3000           2,160,000
7920 - 8639   500            360,000

So the total coins up to block 8639 is 16,440,000

Assuming that I have worked that out correctly!  

I have just gone through all the 10,000 reward blocks (actually was 2881 - 3600, not as above) and counted the number of POS blocks during that period. The number was 250 POS blocks which equates to the total amount of coins being reduced by 2,500,000 for that period. There were 470 POW blocks of 10,000 totalling 4,700,000 RVC.

After block 3600 the total coin supply was currently sitting at 9,255,570 (according to C-CEX) but this includes the premine of 2,500,000 for the IPO, so the total number of POW coins was 6,755,570 after block 3600. This is 2,844,430 short of the amount that it should have been at if POS had not started until after POW.

If we take 250 POS blocks as the average per 720 blocks then the new table would look like this:

Blocks          Reward      Coins
0 - 3600                         6,755,570
3601 - 4320   500            235,000
4321 - 5040   2000           940,000
5041 - 5760   500            235,000
5761 - 6480   2500           1,175,000
6481 - 7200   500            235,000
7201 - 7920   3000           1,410,000
7921 - 8640   500            235,000

So now the estimated total coins is 11,220,570 + the 2,500,000 IPO.

[Hatch]

I have just gone through all the 10,000 reward blocks (actually was 2881 - 3600, not as above) and counted the number of POS blocks during that period. The number was 250 POS blocks which equates to the total amount of coins being reduced by 2,500,000 for that period. There were 470 POW blocks of 10,000 totalling 4,700,000 RVC.

After block 3600 the total coin supply was currently sitting at 9,255,570 (according to C-CEX) but this includes the premine of 2,500,000 for the IPO, so the total number of POW coins was 6,755,570 after block 3600. This is 2,844,430 short of the amount that it should have been at if POS had not started until after POW.

If we take 250 POS blocks as the average per 720 blocks then the new table would look like this:

Blocks          Reward      Coins
0 - 3600                         6,755,570
3601 - 4320   500            235,000
4321 - 5040   2000           940,000
5041 - 5760   500            235,000
5761 - 6480   2500           1,175,000
6481 - 7200   500            235,000
7201 - 7920   3000           1,410,000
7921 - 8640   500            235,000

So now the estimated total coins is 11,220,570 + the 2,500,000 IPO.

Isn't 13,720,570 a lot better than 27,000,000 from a value standpoint?

[Bojcha]

I have just gone through all the 10,000 reward blocks (actually was 2881 - 3600, not as above) and counted the number of POS blocks during that period. The number was 250 POS blocks which equates to the total amount of coins being reduced by 2,500,000 for that period. There were 470 POW blocks of 10,000 totalling 4,700,000 RVC.

After block 3600 the total coin supply was currently sitting at 9,255,570 (according to C-CEX) but this includes the premine of 2,500,000 for the IPO, so the total number of POW coins was 6,755,570 after block 3600. This is 2,844,430 short of the amount that it should have been at if POS had not started until after POW.

If we take 250 POS blocks as the average per 720 blocks then the new table would look like this:

Blocks          Reward      Coins
0 - 3600                         6,755,570
3601 - 4320   500            235,000
4321 - 5040   2000           940,000
5041 - 5760   500            235,000
5761 - 6480   2500           1,175,000
6481 - 7200   500            235,000
7201 - 7920   3000           1,410,000
7921 - 8640   500            235,000

So now the estimated total coins is 11,220,570 + the 2,500,000 IPO.

Isn't 13,720,570 a lot better than 27,000,000 from a value standpoint?

It is. But dumpers on exchange does not think like that.

[btc_mylove]

I have just gone through all the 10,000 reward blocks (actually was 2881 - 3600, not as above) and counted the number of POS blocks during that period. The number was 250 POS blocks which equates to the total amount of coins being reduced by 2,500,000 for that period. There were 470 POW blocks of 10,000 totalling 4,700,000 RVC.

After block 3600 the total coin supply was currently sitting at 9,255,570 (according to C-CEX) but this includes the premine of 2,500,000 for the IPO, so the total number of POW coins was 6,755,570 after block 3600. This is 2,844,430 short of the amount that it should have been at if POS had not started until after POW.

If we take 250 POS blocks as the average per 720 blocks then the new table would look like this:

Blocks          Reward      Coins
0 - 3600                         6,755,570
3601 - 4320   500            235,000
4321 - 5040   2000           940,000
5041 - 5760   500            235,000
5761 - 6480   2500           1,175,000
6481 - 7200   500            235,000
7201 - 7920   3000           1,410,000
7921 - 8640   500            235,000

So now the estimated total coins is 11,220,570 + the 2,500,000 IPO.

Isn't 13,720,570 a lot better than 27,000,000 from a value standpoint?

It is. But dumpers on exchange does not think like that.

dev mine too much, need to find a way to solve it, tooo much mine by dev will hurt

[kcanup]

I have just gone through all the 10,000 reward blocks (actually was 2881 - 3600, not as above) and counted the number of POS blocks during that period. The number was 250 POS blocks which equates to the total amount of coins being reduced by 2,500,000 for that period. There were 470 POW blocks of 10,000 totalling 4,700,000 RVC.

After block 3600 the total coin supply was currently sitting at 9,255,570 (according to C-CEX) but this includes the premine of 2,500,000 for the IPO, so the total number of POW coins was 6,755,570 after block 3600. This is 2,844,430 short of the amount that it should have been at if POS had not started until after POW.

If we take 250 POS blocks as the average per 720 blocks then the new table would look like this:

Blocks          Reward      Coins
0 - 3600                         6,755,570
3601 - 4320   500            235,000
4321 - 5040   2000           940,000
5041 - 5760   500            235,000
5761 - 6480   2500           1,175,000
6481 - 7200   500            235,000
7201 - 7920   3000           1,410,000
7921 - 8640   500            235,000

So now the estimated total coins is 11,220,570 + the 2,500,000 IPO.

Isn't 13,720,570 a lot better than 27,000,000 from a value standpoint?

It is. But dumpers on exchange does not think like that.

dev mine too much, need to find a way to solve it, tooo much mine by dev will hurt

I think they are going for investors bro.. Early ipo/ico investors who bought those coins, they were lucky, got many  .. We cant complain about that now when we missed that opportunity to invest.. so let the market decide by itself.. There is nothing hidden and fishy here. Everything is transparent so far 

[btc_mylove]

I have just gone through all the 10,000 reward blocks (actually was 2881 - 3600, not as above) and counted the number of POS blocks during that period. The number was 250 POS blocks which equates to the total amount of coins being reduced by 2,500,000 for that period. There were 470 POW blocks of 10,000 totalling 4,700,000 RVC.

After block 3600 the total coin supply was currently sitting at 9,255,570 (according to C-CEX) but this includes the premine of 2,500,000 for the IPO, so the total number of POW coins was 6,755,570 after block 3600. This is 2,844,430 short of the amount that it should have been at if POS had not started until after POW.

If we take 250 POS blocks as the average per 720 blocks then the new table would look like this:

Blocks          Reward      Coins
0 - 3600                         6,755,570
3601 - 4320   500            235,000
4321 - 5040   2000           940,000
5041 - 5760   500            235,000
5761 - 6480   2500           1,175,000
6481 - 7200   500            235,000
7201 - 7920   3000           1,410,000
7921 - 8640   500            235,000

So now the estimated total coins is 11,220,570 + the 2,500,000 IPO.

Isn't 13,720,570 a lot better than 27,000,000 from a value standpoint?

It is. But dumpers on exchange does not think like that.

dev mine too much, need to find a way to solve it, tooo much mine by dev will hurt

I think they are going for investors bro.. Early ipo/ico investors who bought those coins, they were lucky, got many  .. We cant complain about that now when we missed that opportunity to invest.. so let the market decide by itself.. There is nothing hidden and fishy here. Everything is transparent so far 

yes, i hope investors and buys do not mind about it, cuz most good coins have no premine and ico

[SpeedDemon13]

Dev seems to log in every now and then during a day time span, but doesn't respond to any of the post replies.

There's got to be a standard/policy for a dev to post a coin here, ie. at least a senior user or something like that. Maybe have them have minimum requirements to post a coin here also, ie. complete info of the coin and no close source miner/wallet.

[JakeThePanda]

I have just gone through all the 10,000 reward blocks (actually was 2881 - 3600, not as above) and counted the number of POS blocks during that period. The number was 250 POS blocks which equates to the total amount of coins being reduced by 2,500,000 for that period. There were 470 POW blocks of 10,000 totalling 4,700,000 RVC.

After block 3600 the total coin supply was currently sitting at 9,255,570 (according to C-CEX) but this includes the premine of 2,500,000 for the IPO, so the total number of POW coins was 6,755,570 after block 3600. This is 2,844,430 short of the amount that it should have been at if POS had not started until after POW.

If we take 250 POS blocks as the average per 720 blocks then the new table would look like this:

Blocks          Reward      Coins
0 - 3600                         6,755,570
3601 - 4320   500            235,000
4321 - 5040   2000           940,000
5041 - 5760   500            235,000
5761 - 6480   2500           1,175,000
6481 - 7200   500            235,000
7201 - 7920   3000           1,410,000
7921 - 8640   500            235,000

So now the estimated total coins is 11,220,570 + the 2,500,000 IPO.

Isn't 13,720,570 a lot better than 27,000,000 from a value standpoint?

It is. But dumpers on exchange does not think like that.

dev mine too much, need to find a way to solve it, tooo much mine by dev will hurt

I think they are going for investors bro.. Early ipo/ico investors who bought those coins, they were lucky, got many  .. We cant complain about that now when we missed that opportunity to invest.. so let the market decide by itself.. There is nothing hidden and fishy here. Everything is transparent so far 

Prices are really close to IPO prices now. Now is everyone's chance to get them.  Don't cry later.

[sanbashiyi]

miner dump this coin crazy 

250satoshi

[kcanup]

miner dump this coin crazy 

250satoshi

Its just a starting bro.. Long way to go

[thinkpad99]

pls add bittrex

[go6ooo1212]

Revocoon doesnt need bittrex at this stage of its jouney. Please dont attempt listing there now. It will create massive dump I'm affraid...

[cindereynolds]

miner dump this coin crazy 

250satoshi

That's because of those big blocks that just passed, everyone relax.....it's called distribution.

[rafetaz]

Revocoon doesnt need bittrex at this stage of its jouney. Please dont attempt listing there now. It will create massive dump I'm affraid...

Agree, but maybe next week or in a couple of weeks---->Revocoin*

[Crypto_Enthusiast]

If Revo takes too long to get added to bittrex, I believe that it's lifespan & volume will be very short lived.

[qinyasu]

C - CEX can be deposited in the RVC now??

[Amph]

720 blocks are not lasting 12 hours at all more like 8 hours or less, pow should end faster

[amit2007gunjan]

If Revo takes too long to get added to bittrex, I believe that it's lifespan & volume will be very short lived.

I don't think so. Minerals was successful partly because, it got listed on bittrex after POW is over and till then considerable amount of coins from  shaky hands exchanged and when it listed on -trex price was way high from c-cex.

[Amph]

Pre-sale results:

btw, how can I join the ipo?

you can't anymore, it was before launch i think