ApexCoin Rebirth - Minable Proof Of Stake - Web Wallet - BlockNet Association

[coine_smithe]

It was 1% pre-mine + 5 APEX block skim.

If pre-mine was 1% and part of the skim, it'd be 7.5APEX per block.

So if I understand right, the dev got 1% of the 15 mil coins or whatever there was going to be, which is now more like 2-3% + Blockskim of 5 per block since the total POW Coins got reduced to only 5,000,000.. If dev comes through on the bounties and promo's I have no problems with this, but I have seen him being stingy with bounties for translations in the thread already.

EDIT: Confirmed. Premine is 3% plus (used to be 1% of 15,000,000 coins, but since total coins is now 5,000,000 premine is now 3% of total) + the 5 Apex block skim.

If you bothered to read this thread, you'd see that they set aside 2/3 of the premine since they reduced the coin count. This is literally on the top of the same page as your post:

Please note that 2/3 of the premine, approximately 100k APEX, will be allocated to a separate address that will not be touched until it is decided how to handle it. We are leaning towards community giveaways or promotional campaigns, but will likely do poll on it at a later date. This will bring the premine for bounties and services back to the 1% range.

[1715605095]

1715605095

[1715605095]

1715605095

[dandruff1138]

Set it aside? 

[anarchyx914]

It was 1% pre-mine + 5 APEX block skim.

If pre-mine was 1% and part of the skim, it'd be 7.5APEX per block.

So if I understand right, the dev got 1% of the 15 mil coins or whatever there was going to be, which is now more like 2-3% + Blockskim of 5 per block since the total POW Coins got reduced to only 5,000,000.. If dev comes through on the bounties and promo's I have no problems with this, but I have seen him being stingy with bounties for translations in the thread already.

EDIT: Confirmed. Premine is 3% plus (used to be 1% of 15,000,000 coins, but since total coins is now 5,000,000 premine is now 3% of total) + the 5 Apex block skim.

If you bothered to read this thread, you'd see that they set aside 2/3 of the premine since they reduced the coin count. This is literally on the top of the same page as your post:

Please note that 2/3 of the premine, approximately 100k APEX, will be allocated to a separate address that will not be touched until it is decided how to handle it. We are leaning towards community giveaways or promotional campaigns, but will likely do poll on it at a later date. This will bring the premine for bounties and services back to the 1% range.

I'm not trying to create FUD, merely explaining the premine to the person that asked about it. I do question the devs "Setting aside" the extra premine as currently the block explorer does not allow you to check address balances, nor have they posted the pre-mine addresses to allow us to track for transparency.

I'm actually quite invested in Apex myself, but the recent actions of the community/development team to reduce supply to drive price have and/or tighten distribution caused me to question this coins longevity. That type of tactic has pump n dump all over it. I haven't sold off any, but I remain more skeptical than usual from hereon out.

Don't always believe what you are told. Ask for proof, check that, double check it, and triple check it for validity.

I'll remain overly skeptical until i see the pre-mine addresses and can track the funds in them.

[APEXcoin_Team]

It was 1% pre-mine + 5 APEX block skim.

If pre-mine was 1% and part of the skim, it'd be 7.5APEX per block.

So if I understand right, the dev got 1% of the 15 mil coins or whatever there was going to be, which is now more like 2-3% + Blockskim of 5 per block since the total POW Coins got reduced to only 5,000,000.. If dev comes through on the bounties and promo's I have no problems with this, but I have seen him being stingy with bounties for translations in the thread already.

EDIT: Confirmed. Premine is 3% plus (used to be 1% of 15,000,000 coins, but since total coins is now 5,000,000 premine is now 3% of total) + the 5 Apex block skim.

If you bothered to read this thread, you'd see that they set aside 2/3 of the premine since they reduced the coin count. This is literally on the top of the same page as your post:

Please note that 2/3 of the premine, approximately 100k APEX, will be allocated to a separate address that will not be touched until it is decided how to handle it. We are leaning towards community giveaways or promotional campaigns, but will likely do poll on it at a later date. This will bring the premine for bounties and services back to the 1% range.

I'm not trying to create FUD, merely explaining the premine to the person that asked about it. I do question the devs "Setting aside" the extra premine as currently the block explorer does not allow you to check address balances, nor have they posted the pre-mine addresses to allow us to track for transparency.

I'm actually quite invested in Apex myself, but the recent actions of the community/development team to reduce supply to drive price have and/or tighten distribution caused me to question this coins longevity. That type of tactic has pump n dump all over it. I haven't sold off any, but I remain more skeptical than usual from hereon out.

Don't always believe what you are told. Ask for proof, check that, double check it, and triple check it for validity.

I'll remain overly skeptical until i see the pre-mine addresses and can track the funds in them.

Hi, we understand your concerns as it's hard to take someone's word for things in a community that demands anonymity and privacy for themselves. That is why we have added the following lines under the bounty section:

Bounty Address: ASTwYEtBj2cUeYU5aVnkXxBpqQg5cScAnj (17524.98 APEX remaining) - Please feel free to donate so we can continue to offer bounties for new services!
100k Address: Ad3rKbLyyG2tDTj8AZ9v5jBdaLujAGDEkw (100,000 APEX remaining)

As you can see, compared to the coin's daily volume we really do not have much to play with here. Any donations would be greatly appreciated.

As for the block explorer, we completely agree with you on that. However, that was a service that was provided by the community. We have contacted them in regards to adding features to their explorer, but if you can provide a better explorer with the features we need, we would be more than willing to pay you a bounty for it.

[atom1cdonkey]

wow, where does the huge hashrate come from. biggest pool has like 1ghs

[TheProf]

I'm in a pool with 6+ GH, I'm sure there are others.

[atom1cdonkey]

I'm in a pool with 6+ GH, I'm sure there are others.

My bad, you are right. I overlooked Dedicated pool.

[Stratobitz]

Proof of Work ends tomorrow.

Going to get very interesting moving forward. And likely very pricey from here forward.

Strato

[legacyfighter]

When this coin finally breaks out, its going to be ridiculous. Sell walls are getting THIN. I'm really not sure what everyone is waiting on.

[APEXcoin_Team]

When this coin finally breaks out, its going to be ridiculous. Sell walls are getting THIN. I'm really not sure what everyone is waiting on.

Most of the sells are from multipools and miners dumping. After block 10,000, there will be no more cheap APEX.

[cryptowest]

Proof of Work ends tomorrow.

Going to get very interesting moving forward. And likely very pricey from here forward.

Strato

I'm watching this one closely too

[herzogzwei]

Most of the sells are from multipools and miners dumping. After block 10,000, there will be no more cheap APEX.

Do you know "after block 10000" main question?

[kirilvvbg]

When this coin finally breaks out, its going to be ridiculous. Sell walls are getting THIN. I'm really not sure what everyone is waiting on.

Most of the sells are from multipools and miners dumping. After block 10,000, there will be no more cheap APEX.

Are you sure it's "after block 10 000"? Since at the official website says: "PoW ends after 30000 Total blocks"...

Which one is correct, dev?

[APEXcoin_Team]

When this coin finally breaks out, its going to be ridiculous. Sell walls are getting THIN. I'm really not sure what everyone is waiting on.

Most of the sells are from multipools and miners dumping. After block 10,000, there will be no more cheap APEX.

Are you sure it's "after block 10 000"? Since at the official website says: "PoW ends after 30000 Total blocks"...

Which one is correct, dev?

As of update v1.1, the correct number is 10,000. The webpage manager must have overlooked that detail, and will update it when he wakes. Sorry for the confusion.

[suchnekky]

Ahaha funny watching these noobs actually selling for under 2000... it has like a 30k market cap... if that. Im buying right into it 😄

[APEXcoin_Team]

Dev,

Block explorer link not working?

Thank you for bringing this to our attention. I do know that the block explorer operator was looking into implementing some new features. Hopefully this means he is updating it. I will send a PM and get back to you.

[aikklond]

I confim that Dev has paid the Greek translation bounty (400 Apex).

Cheers

[APEXcoin_Team]

Dev,

Block explorer link not working?

Thank you for bringing this to our attention. I do know that the block explorer operator was looking into implementing some new features. Hopefully this means he is updating it. I will send a PM and get back to you.

No worries dev. I'll just download the wallet now to see the block number.

Cheers.

No problem. If you are going to download the wallet (v1.1), you'll notice that it also includes a block explorer built in 

[APEXcoin_Team]

Hello APEX community,

We are always looking forward at what we need to do next, and have been working on setting up both a multipool and Tor for APEX for some time. However, it may be time to prioritize one and backburner the other for a later time. Please vote and let us know what you think.

https://bitcointalk.org/index.php?topic=696913.0

[goldmaxx]

I really like this approach...
A community driven coin supported by a strong and flexible Dev team...

If you guys keep up the good work, you might be able to bring this coin to unseen heights!!!

Good luck

Goldmaxx