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Author Topic: [ANN][SEED] SeedCoin | New Road Map  (Read 183155 times)
Devasive
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October 05, 2014, 12:32:07 AM
 #241

I'm mining away now. This is the first time that I've mined anything since early this year. It feels good to be back.  Smiley
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October 05, 2014, 12:32:28 AM
 #242

I also got my ICO coins, reinstalled from scratch with my prior wallet.dat and the coins are there. Not sure why it didn't work the first time, but thanks for checking and confirming they were in the blockchain.
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October 05, 2014, 12:37:25 AM
 #243

I also got my ICO coins, reinstalled from scratch with my prior wallet.dat and the coins are there. Not sure why it didn't work the first time, but thanks for checking and confirming they were in the blockchain.

Sure thing;) Glad you got them finally!

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October 05, 2014, 12:44:04 AM
 #244

How many coins was sold in ico?
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October 05, 2014, 12:49:12 AM
 #245

How many coins was sold in ico?

67.8566045 SEED were sold in the ICO.

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October 05, 2014, 01:04:08 AM
 #246

Staking begins at 1,440 right? thats when the seeds "mature"?

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.AUTOMATED CRYPTO TRADING STRATEGIES MADE SIMPLE.
▁▁         Whitepaper   █   Token sale will start on Feb 7, 2018   █   Announcement         ▁▁

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Wheezy-
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October 05, 2014, 01:12:38 AM
 #247

Any word on when Seed will be on an exchange?
Razerglass
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October 05, 2014, 01:27:43 AM
 #248

Any word on when Seed will be on an exchange?

ready to dump already? :p

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.AUTOMATED CRYPTO TRADING STRATEGIES MADE SIMPLE.
▁▁         Whitepaper   █   Token sale will start on Feb 7, 2018   █   Announcement         ▁▁

███
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sumgye
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October 05, 2014, 01:35:17 AM
 #249

Any word on when Seed will be on an exchange?

ready to dump already? :p

I'd quite like to see what I could buy them at actually. I didn't grab any from the ICO myself, sorta regretting it at the moment.
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October 05, 2014, 01:38:31 AM
 #250

Any word on when Seed will be on an exchange?

ready to dump already? :p

I'd quite like to see what I could buy them at actually. I didn't grab any from the ICO myself, sorta regretting it at the moment.

you and me both.

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███  ███  ███
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.AUTOMATED CRYPTO TRADING STRATEGIES MADE SIMPLE.
▁▁         Whitepaper   █   Token sale will start on Feb 7, 2018   █   Announcement         ▁▁

███
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Wheezy-
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October 05, 2014, 01:45:02 AM
 #251

Any word on when Seed will be on an exchange?

ready to dump already? :p

I'd quite like to see what I could buy them at actually. I didn't grab any from the ICO myself, sorta regretting it at the moment.

Exactly, hoping to pick up some more before real staking starts.
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October 05, 2014, 02:23:51 AM
 #252

So, I have been mining since launch. I have so far accrued .00250769 (1,000 kh/s). The transaction fee is .003. Just about a quarter of mining is going to the transaction fee if I want to move the coin to my wallet once a day. Hmm. I am mining at http://seed.lifeforce.info/ So anyone mining there, watch out for that. They are going to bank off your transaction.

Update:

Since this post they have lowered the tx fee to .0001 - The owner was very responsive and understood the issue.

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October 05, 2014, 02:30:49 AM
 #253

Now after the ICO ended with a relatively small amount of seeds what is the estimation for the mining period?

In other words, when will the staking period start?

Thanks
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October 05, 2014, 02:31:42 AM
 #254

So, I have been mining since launch. I have so far accrued .00250769 (1,000 kh/s). The transaction fee is .003. Just about a quarter of mining is going to the transaction fee if I want to move the coin to my wallet once a day. Hmm.
ours is 1 percent, no transaction fees.

I moved to you as long as you dont change the fee Smiley.

Update:

Since this post Lifeforce has lowered the tx fee to .0001 - The owner was very responsive and understood the issue.

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October 05, 2014, 03:16:09 AM
 #255

forgive the 'stupid question' but to take advantage of the 269% interest...I just need to have my wallet unlocked for staking, right?
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October 05, 2014, 07:00:08 AM
 #256

Any exchanges  ?
Anonz
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October 05, 2014, 07:07:36 AM
 #257

Johnny Apple Seeds?

Why 1000X growth?

Anonz want to remain Anonymous. It's up to those who follow along with us.  My favorite coins?  Magi, Bitcoin, and Darkcoin. Thread about XMG: https://bitcointalk.org/index.php?topic=735170.0 - Market of XMG: https://bittrex.com/Market/Index?MarketName=BTC-XMG - #Magi on Freenode IRC:  https://kiwiirc.com/client/irc.freenode.net/#magi
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October 05, 2014, 07:13:41 AM
 #258

Johnny Apple Seeds?

Why 1000X growth?

I welcome it, its something different. . .

Free coins for doing nothing https://qoinpro.com/d45ca89a36b0bfdd29925ca28760ef53
gimme free btc Tongue  :  14DsWStNquSGgJtekxd3CXZvnTsyLmGxeT
http://ribbit.me/?ref=mYUbs6r4OB  free coins or something
pimpcash:  PE4QF7MrgY6gvBuAiwFq2ckHyb7m2utTcF
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October 05, 2014, 07:16:14 AM
 #259

Johnny Apple Seeds?

Why 1000X growth?

It refers to the intended number of coins possible to grow during the growth period. But there was a teensy problem with the math, and it turns out that growth will be much higher than originally anticipated. Sumgye did a pretty good job of informing everyone earlier. Here's his post:

I wanted to give an update for everyone. Testing is finished and has gone well. Launch time currently looks good, but Mac wallets wont be ready by then. Sorry about that.

One thing that we did discover during testing is that our math is a 'little off' for 1000x for the week at 269% interest, and I wanted to let you know. It was calculated based on the rate a coin would have to grow to reach 1000x in 7 days, which is absolutely true. But it was clearly stated in the OP that the interest would be 269% daily, which is a different thing altogether. That will create 269% more coins for you, on top of the ones you already have. So instead of 1 coin staking into 2.69 coins on day one of the growth period, it will PRODUCE 2.69 coins, and leave you with 3.69 coins to stake tomorrow, when the same thing will happen again, hence compound interest.

Anyway, long story short, I've re-done the math, and with 269% interest a single coin mined continuously over a week will produce nearly 10k coins, not 1k coins. Oops! Anyway, we talked about it and decided to leave it as is, since 269% daily interest during the growth period is the advertised spec. I just wanted to let people know, since the maximum number of coins that could be produced, depending on the number of coins mined and how many coins overall get staked, is now roughly 10m, not 1m.

I've updated the graph to show the growth:

https://docs.google.com/spreadsheets/d/1b1_BKfRxuOeAzvhzmldG1P0d0bxZAEQsXXmcBDHedTY/edit#gid=43161177

As for the ICO, coins will go out once they mature after POW begins - which will happen after block 121. Those blocks will go by pretty fast while the difficulty is still ramping up. Testing suggests it will take roughly 10-15 minutes.


And why is because it favors people who hold the coin over traders, and lets the community decide the ultimate number of coins that there will be. It's difficult to estimate the final number of coins, but the maximum possible after the growth period is roughly 10m, though it could be far less than this number.

Edit: I edited the topic to reflect the mining launch. Will update the growth projections over the next day to reflect our testing results.

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October 05, 2014, 09:08:43 AM
 #260

Correct me if I am wrong, but my calculations show that if 1 Seed is staked for the entire growth period it will be 9315 at the end of the period

Day 1 start   1,00
Day 1 end   3,69
Day 2 end   13,62
Day 3 end   50,24
Day 4 end   185,40
Day 5 end   684,12
Day 6  end   2 524,40
Day 7 end   9 315,04


How often + how long do I have to have wallet open in order to stake? Is 5min a couple of times a day enough?

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