[ANN] RootCoin [ROOT] - rootEX™ announced - ANON-tx using BitKey™- PoW/PoS/PoI

[insist]

Chinese QQ Group: 310988665

Dev ,are you chinese , dev?

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[Monkeys]

dev we were wondering about the 5 minute blocktime and 5 reward. That would make PoW over 100 years but you said PoW is 10 days + 14 days.

24 days or 100 years?

I would also like some clarification on this. It really doesn't make sense to have such a small block reward for a 24 day POW? Is it meant to be more like 50 block reward? That would be closer to the correct total coin supply I believe =)

[bitsta]

dev we were wondering about the 5 minute blocktime and 5 reward. That would make PoW over 100 years but you said PoW is 10 days + 14 days.

24 days or 100 years?

total coincap = PoI+PoW+PoS

so its fine.




just to clarify again:
total coincap = PoI + 10 days PoW + 14 Days hybrid PoW/PoS + PoS for ~100 years

[bitsta]

create a poll for the algo, go with the votes, i prefer SHA.

i ll set one up over the day.

[bitsta]

Chinese QQ Group: 310988665

Dev ,are you chinese , dev?

no i am not chinese. thats the QQ Group of a supporter.

[U]

How to receive the Rootcoin?

[shadowduck]

Chinese QQ Group: 310988665

The QQ group you give is actually on PSEUD and AERO,
Here is a QQ group decidated to ROOT:  385168018

[bitsta]

Chinese QQ Group: 310988665

The QQ group you give is actually on PSEUD and AERO,
Here is a QQ group decidated to ROOT:  385168018

thank you. i ll add it to the OP.

[Monkeys]

dev we were wondering about the 5 minute blocktime and 5 reward. That would make PoW over 100 years but you said PoW is 10 days + 14 days.

24 days or 100 years?

total coincap = PoI+PoW+PoS

so its fine.




just to clarify again:
total coincap = PoI + 10 days PoW + 14 Days hybrid PoW/PoS + PoS for ~100 years

No it isn't fine. Not at all. That arrangement would not even be good for the investors, let alone the miners!?

If only 34k coins can be mined, whats the point for people to mine??

With this arrangement, at the end of POW there will be 1 million coins in the hands of investors, and only something like 50k coins in the hands of miners..

That is not a fair distribution, at all.

I vote for the block reward to be increased to at least 40 coins per block, or no deal..

[cawson]

dev we were wondering about the 5 minute blocktime and 5 reward. That would make PoW over 100 years but you said PoW is 10 days + 14 days.

24 days or 100 years?

total coincap = PoI+PoW+PoS

so its fine.




just to clarify again:
total coincap = PoI + 10 days PoW + 14 Days hybrid PoW/PoS + PoS for ~100 years

No it isn't fine. Not at all. That arrangement would not even be good for the investors, let alone the miners!?

If only 34k coins can be mined, whats the point for people to mine??

With this arrangement, at the end of POW there will be 1 million coins in the hands of investors, and only something like 50k coins in the hands of miners..

That is not a fair distribution, at all.

I vote for the block reward to be increased to at least 40 coins per block, or no deal..

You may be a big miner .so why u not ipo .did u see viacoin?

may be u just want mine  this coin dump dump.

[Monkeys]

dev we were wondering about the 5 minute blocktime and 5 reward. That would make PoW over 100 years but you said PoW is 10 days + 14 days.

24 days or 100 years?

total coincap = PoI+PoW+PoS

so its fine.




just to clarify again:
total coincap = PoI + 10 days PoW + 14 Days hybrid PoW/PoS + PoS for ~100 years

No it isn't fine. Not at all. That arrangement would not even be good for the investors, let alone the miners!?

If only 34k coins can be mined, whats the point for people to mine??

With this arrangement, at the end of POW there will be 1 million coins in the hands of investors, and only something like 50k coins in the hands of miners..

That is not a fair distribution, at all.

I vote for the block reward to be increased to at least 40 coins per block, or no deal..

You may be a big miner .so why u not ipo .did u see viacoin?

may be u just want mine  this coin dump dump.

I only found this coin yesterday, so I missed out on the IPO.

Even still, I would not buy in to an IPO with such an unfair coin distribution. There is no future for a coin that is only distributed among 50 people. This is my honest opinion.

If you want this coin to survive long, even medium term then you need to ensure that it gets distributed at least reasonably fairly. At least an even share between miners (33%) and investors (33%) and leave the rest for the POS (34%).

That is a much more fair distribution and will result in a healthy coin.

[Monkeys]

If I was an investor in this coin, I would also be pressuring the dev for an even coin distribution.

Putting all of the coins in the hands of the investors alone can only result in one outcome. Big dump as soon as it hits an exchange, coin dead within a month..

If you want to have a chance for this coin to grow and have a long life (Like 100 years!?) then you need to distribute it fairly.

Look at Reddcoin, over 3 months POW, very fair distribution, investors GOT VERY RICH!!

I saw one guy bought a Ferrari from a $10k investment.. Now that is what I am talking about.

I'm not trying to get super rich, I only want to be able to earn a fair share of this coin with my mining power which is not so much really..

[provenceday]

LOOK at NXT and viacoin.

if coin is good enough, people will hold than sell.

if coin provide nothing new, then it will die sooner or later.

no worry about this.

[Monkeys]

LOOK at NXT and viacoin.

if coin is good enough, people will hold than sell.

if coin provide nothing new, then it will die sooner or later.

no worry about this.

I'm sorry I'm not sure of your point?

Do you agree that POW should be made more fair?

Or do you think the investors should just take all of the coin?

[cawson]

LOOK at NXT and viacoin.

if coin is good enough, people will hold than sell.

if coin provide nothing new, then it will die sooner or later.

no worry about this.

I'm sorry I'm not sure of your point?

Do you agree that POW should be made more fair?

Or do you think the investors should just take all of the coin?

the big miner can get most of the coin.

miner just mine and sell dump dump ...

and many people can't get by mine .

[drippx]

LOOK at NXT and viacoin.

if coin is good enough, people will hold than sell.

if coin provide nothing new, then it will die sooner or later.

no worry about this.

I'm sorry I'm not sure of your point?

Do you agree that POW should be made more fair?

Or do you think the investors should just take all of the coin?

Theres plenty of other coins you can choose from to mine, no need to bring your negativity to this one you know

[Monkeys]

LOOK at NXT and viacoin.

if coin is good enough, people will hold than sell.

if coin provide nothing new, then it will die sooner or later.

no worry about this.

I'm sorry I'm not sure of your point?

Do you agree that POW should be made more fair?

Or do you think the investors should just take all of the coin?

Theres plenty of other coins you can choose from to mine, no need to bring your negativity to this one you know

I'm not trying to bring negativity to this coin. I am giving my honest advice for what could make this coin have a real future.

Do you think that a 97% IPO at launch time is a good coin model?

Longer POW, or more block reward is the only way for this coin to survive.

[Collegestudent]

fuck off monkeys your just a bitch that deserves to die in a hole. go suck someone elses forum off you parasite . dont make me bash you.

[Monkeys]

fuck off monkeys your just a bitch that deserves to die in a hole. go suck someone elses forum off you parasite . dont make me bash you.

Lol.. Ok fine.

Good luck to all the IPO investors in this coin. It will be a race to the exchange to dump!

[MasterSE]

SHA256 OR SCRYPT
LOL!!

Good Luck!