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Author Topic: [ANN] RootCoin [ROOT] - rootEX™ announced - ANON-tx using BitKey™- PoW/PoS/PoI  (Read 271831 times)
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ancientcoins
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August 23, 2014, 12:21:51 PM
 #681

why doesn't a trusted member open a OTC thread

  A revolutionary decentralized digital economy 
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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August 23, 2014, 12:24:04 PM
 #682

very promising coin!
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August 23, 2014, 12:36:05 PM
 #683

may i ask a question?when we can be added at an exchange?
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August 23, 2014, 12:41:59 PM
 #684

anyone received mined coins yet from official pool? been mining about 12 hours now, no coins...
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August 23, 2014, 12:46:19 PM
 #685

may i ask a question?when we can be added at an exchange?

It's not an appropriate time to add an exchange. Be patient please.
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August 23, 2014, 01:06:37 PM
 #686

WTB ROOT - 0.107 BTC @ 0.00003333 BTC = 3210.321 ROOT

100 BTC (PoI total) / 3000000 ROOT = 0.00003333

Let me know,

Cheers.

1.5 mil. coins only mined. And 3 root is block reward for mining now

LOL


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OATH

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provenceday
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August 23, 2014, 01:10:47 PM
 #687

WTB ROOT - 0.107 BTC @ 0.00003333 BTC = 3210.321 ROOT

100 BTC (PoI total) / 3000000 ROOT = 0.00003333

Let me know,

Cheers.

1.5 mil. coins only mined. And 3 root is block reward for mining now

LOL



wts,20k sato per rootcoin,pm me,if interest.

only 1.5 million coin been sold through POI stage, and we may have a  at least 2000BTC cap if all promised features been launched.

so each coin will have worth 133333.33 satoshi, that about 133K percoin.

if we have a 4000BTC marketcap, the price will be doubled.

so the price may hit  1 rootcoin= 130K satoshi=0.0013BTC


here is more info:


Specifications:
algorithm: scrypt (community voting)
blockreward: 99 ROOT
total coins: 3 million coins
blocktime: 5 minutes
PoS reward: 3%
rpcport: 27377
p2pport:28388
qrcode support

so everyday we will have  24hours*60 minutes=1440 minutes

about 1440 minutes/5 minutes per block= 288 blocks,
then everyday we will 288 blocks* 99 coins per block= 28512 coins everyday.


am i correct? dev  Smiley



also we will have a Burn pool for rootcoin:

economical feature: BurnPool™

BurnPool™ will be a new kind of multipool. Users will be able to choose between two mining-options.
First option will be payout in RootCoins. Second and NEW option will be to multimine RootCoins
which get "burned" automatically by transferring them to an "proofen unspendable" public-key.
So with this step coins get burned, the coincap minimized and the value higher.

after this, each rootcoin will have more values!
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August 23, 2014, 01:15:06 PM
 #688

anyone received mined coins yet from official pool? been mining about 12 hours now, no coins...

Same here - not a fragment received as of yet.
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August 23, 2014, 01:17:38 PM
 #689

WTB ROOT - 0.107 BTC @ 0.00003333 BTC = 3210.321 ROOT

100 BTC (PoI total) / 3000000 ROOT = 0.00003333

Let me know,

Cheers.

Can you sell all to me at this price? Grin
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August 23, 2014, 01:22:49 PM
 #690

WTB ROOT - 0.107 BTC @ 0.00003333 BTC = 3210.321 ROOT

100 BTC (PoI total) / 3000000 ROOT = 0.00003333

Let me know,

Cheers.

Its actually.

POI Phase 1 price:

50 BTC / 1000000 = 0.00005000

and

POI Phase 2 price:

50 BTC / 500000 = 0.00010000
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August 23, 2014, 01:23:51 PM
 #691

WTB ROOT - 0.107 BTC @ 0.00003333 BTC = 3210.321 ROOT

100 BTC (PoI total) / 3000000 ROOT = 0.00003333

Let me know,

Cheers.

1.5 mil. coins only mined. And 3 root is block reward for mining now

LOL



wts,20k sato per rootcoin,pm me,if interest.

only 1.5 million coin been sold through POI stage, and we may have a  at least 2000BTC cap if all promised features been launched.

so each coin will have worth 133333.33 satoshi, that about 133K percoin.

if we have a 4000BTC marketcap, the price will be doubled.

so the price may hit  1 rootcoin= 130K satoshi=0.0013BTC


here is more info:


Specifications:
algorithm: scrypt (community voting)
blockreward: 99 ROOT
total coins: 3 million coins
blocktime: 5 minutes
PoS reward: 3%
rpcport: 27377
p2pport:28388
qrcode support

so everyday we will have  24hours*60 minutes=1440 minutes

about 1440 minutes/5 minutes per block= 288 blocks,
then everyday we will 288 blocks* 99 coins per block= 28512 coins everyday.


am i correct? dev  Smiley



also we will have a Burn pool for rootcoin:

economical feature: BurnPool™

BurnPool™ will be a new kind of multipool. Users will be able to choose between two mining-options.
First option will be payout in RootCoins. Second and NEW option will be to multimine RootCoins
which get "burned" automatically by transferring them to an "proofen unspendable" public-key.
So with this step coins get burned, the coincap minimized and the value higher.

after this, each rootcoin will have more values!

0.00013 BTC is ok?

I will wait 0.003BTC. Cheesy
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August 23, 2014, 01:28:43 PM
 #692

You're very welcome!  Cool
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August 23, 2014, 01:33:38 PM
 #693

WTB ROOT - 0.107 BTC @ 0.00003333 BTC = 3210.321 ROOT

100 BTC (PoI total) / 3000000 ROOT = 0.00003333

Let me know,

Cheers.

Its actually.

POI Phase 1 price:

50 BTC / 1000000 = 0.00005000

and

POI Phase 2 price:

50 BTC / 500000 = 0.00010000

remember

POI Phase 1 last 50 package   is 0.00007500
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August 23, 2014, 01:53:54 PM
 #694

Just out of curiosity: is there anyone reading this thread who has actually managed to mine even a fragment of a ROOT? =P
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August 23, 2014, 01:58:13 PM
 #695

I invested in the coin, will it be out on exchanges?
or do we just use it and sell it on the forum?

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August 23, 2014, 02:05:30 PM
 #696

I invested in the coin, will it be out on exchanges?

In the end, that depends on users and exchange maintainers - not the developer.

The developer does not wish ROOT to end up in any exchanges too early.

On the other hand, it's not in his power to decide, whether or not an exchange takes ROOT on it's lists.

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August 23, 2014, 02:06:19 PM
 #697

WTB ROOT - 0.107 BTC @ 0.00003333 BTC = 3210.321 ROOT

100 BTC (PoI total) / 3000000 ROOT = 0.00003333

Let me know,

Cheers.

Its actually.

POI Phase 1 price:

50 BTC / 1000000 = 0.00005000

and

POI Phase 2 price:

50 BTC / 500000 = 0.00010000

remember

POI Phase 1 last 50 package   is 0.00007500

I will buy some off you - 0.106 BTC @ 0.000075 = 1413.333 ROOT (I will send first)

lol. how about @0.00015?
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103 days, 21 hours and 10 minutes.


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August 23, 2014, 02:11:29 PM
 #698

Just out of curiosity: is there anyone reading this thread who has actually managed to mine even a fragment of a ROOT? =P

I started mining about 10 mins after launch at the official pool with around 60mh
I went out to dinner and came back to see about 90 coins.  I haven't checked this morning yet since I'm out again
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August 23, 2014, 02:11:49 PM
 #699

Just out of curiosity: is there anyone reading this thread who has actually managed to mine even a fragment of a ROOT? =P

Yup i mined a block at suprnova Smiley

suprnova pools - reliable mining pools - #suprnova on freenet
https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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August 23, 2014, 02:11:55 PM
 #700

Just out of curiosity: is there anyone reading this thread who has actually managed to mine even a fragment of a ROOT? =P

yes, i am mining at  https://root.suprnova.cc/index.php?page=dashboard

nice pool.

Pool Hash Rate   7,458.318 MH/s
Pool Efficiency   86.03%
Current Active Workers   6
Current Difficulty   816.92675965
Est. Next Difficulty   753.73836039 (Change in 1 Blocks)
Est. Avg. Time per Round (Network)   5 minutes 25 seconds
Est. Avg. Time per Round (Pool)   7 minutes 50 seconds
Est. Shares this Round   53,538,112 (done: 10.17%)
Next Network Block   667    (Current: 666)
Last Block Found   666
Time Since Last Block   1 minute 16 seconds
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