suchnekky
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October 07, 2014, 06:13:32 PM |
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GhostCoin Developer Announcement
There seems to be a lot of confusion over both the PoW phase as well as the coin supply, we want to make it clear that this is a very different approach, the coin is simultaneously both PoW+PoS together rather than other coins which transition from pure PoW to pure PoS, this is totally different from what other coins do and therefore has resulted in some discrepancies in the coin supply.We just want to thank ocminer for helping to clarfiy this, as we are trying a totally different idea with the hybrid approach of PoW+PoS and there are certain to be issues in understanding how it works. We are currently very busy working towards the next set of releases for the roadmap, please ignore the FUD and gloss over the trolls spamming large red text. We are going to be releasing the roadmap today with many more updates to follow! Please keep an eye on the OP and ignore the FUD.Again, just a reminder you can use the getinfo, getpowblocksleft, and getpowtimeleft commands to get the number of PoW blocks left and also an approximation of the amount of time left in the PoW phase.For example using the following you can even get an estimate of the time left.getpowblocksleft [block] getpowtimeleft [time-unit] [block]
So.. what is the max amount of coins? Can you clarify? ANN says 20M max, and our alarms has turned off everything because our balance exceeded that number. richie@bittrex Lol richie.. Look few pages back... Where? please link me... Are you joking richie? tell me youre joking, you run an exchange. surely you can get your head around the fact that the amount of bullshit fud over the past 6 hours has caused the volume to spike massively. TOTAL VOLUME IS COMPLETELY DIFFERENT TO THE TOTAL COINS. coin amount could be 1000, and still have total coins traded at 1,000,000 he said the balance has exceeded 20m on bittrex wallet. not trading volume
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• ⓢⓤⓒⓗⓝⓔⓚⓚⓨ •
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godda04
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October 07, 2014, 06:14:12 PM |
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Oh....
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BitBD
Full Member
Offline
Activity: 238
Merit: 100
Crypto Maniac
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October 07, 2014, 06:14:37 PM |
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GhostCoin Developer Announcement
There seems to be a lot of confusion over both the PoW phase as well as the coin supply, we want to make it clear that this is a very different approach, the coin is simultaneously both PoW+PoS together rather than other coins which transition from pure PoW to pure PoS, this is totally different from what other coins do and therefore has resulted in some discrepancies in the coin supply.We just want to thank ocminer for helping to clarfiy this, as we are trying a totally different idea with the hybrid approach of PoW+PoS and there are certain to be issues in understanding how it works. We are currently very busy working towards the next set of releases for the roadmap, please ignore the FUD and gloss over the trolls spamming large red text. We are going to be releasing the roadmap today with many more updates to follow! Please keep an eye on the OP and ignore the FUD.Again, just a reminder you can use the getinfo, getpowblocksleft, and getpowtimeleft commands to get the number of PoW blocks left and also an approximation of the amount of time left in the PoW phase.For example using the following you can even get an estimate of the time left.getpowblocksleft [block] getpowtimeleft [time-unit] [block]
So.. what is the max amount of coins? Can you clarify? ANN says 20M max, and our alarms has turned off everything because our balance exceeded that number. richie@bittrex Lol richie.. Look few pages back... Where? please link me... Are you joking richie? tell me youre joking, you run an exchange. surely you can get your head around the fact that the amount of bullshit fud over the past 6 hours has caused the volume to spike massively. TOTAL VOLUME IS COMPLETELY DIFFERENT TO THE TOTAL COINS. coin amount could be 1000, and still have total coins traded at 1,000,000 Do you have any idea of crypto-101 ? if not learn some before making some sort of post.
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PhattyBanks
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October 07, 2014, 06:15:22 PM |
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so its a scam then?
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godda04
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October 07, 2014, 06:15:43 PM |
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GhostCoin Developer Announcement
There seems to be a lot of confusion over both the PoW phase as well as the coin supply, we want to make it clear that this is a very different approach, the coin is simultaneously both PoW+PoS together rather than other coins which transition from pure PoW to pure PoS, this is totally different from what other coins do and therefore has resulted in some discrepancies in the coin supply.We just want to thank ocminer for helping to clarfiy this, as we are trying a totally different idea with the hybrid approach of PoW+PoS and there are certain to be issues in understanding how it works. We are currently very busy working towards the next set of releases for the roadmap, please ignore the FUD and gloss over the trolls spamming large red text. We are going to be releasing the roadmap today with many more updates to follow! Please keep an eye on the OP and ignore the FUD.Again, just a reminder you can use the getinfo, getpowblocksleft, and getpowtimeleft commands to get the number of PoW blocks left and also an approximation of the amount of time left in the PoW phase.For example using the following you can even get an estimate of the time left.getpowblocksleft [block] getpowtimeleft [time-unit] [block]
So.. what is the max amount of coins? Can you clarify? ANN says 20M max, and our alarms has turned off everything because our balance exceeded that number. richie@bittrex Lol richie.. Look few pages back... Where? please link me... Are you joking richie? tell me youre joking, you run an exchange. surely you can get your head around the fact that the amount of bullshit fud over the past 6 hours has caused the volume to spike massively. TOTAL VOLUME IS COMPLETELY DIFFERENT TO THE TOTAL COINS. coin amount could be 1000, and still have total coins traded at 1,000,000 Do you have any idea of crypto-101 ? if not learn some before making some sort of post. Yeh didn't read it said balance
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richiela
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October 07, 2014, 06:18:19 PM |
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Ok I am very aware of vol != max coins. We added additional security alarms over the last few months and one of them fired this morning. That is why I have been trying to get a maxcoin count. We sometimes get it wrong because we don't account for PoS, but it doesn't look like it in this case. I wanted to verify my facts before I posted anything.
Here is our current wallet status:
ghostcoin getinfo { "version" : "v1.0.0.0-g32a928e", "protocolversion" : 60014, "walletversion" : 60000, "balance" : 26398767.76477507, "newmint" : 0.00000000, "stake" : 0.00000000, "blocks" : 7814, "powblocks" : 4281, "powblocksleft" : 719,
Everything is offline as we continue to investigate
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asnghost
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October 07, 2014, 06:20:20 PM |
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Ok I am very aware of vol != max coins. We added additional security alarms over the last few months and one of them fired this morning. That is why I have been trying to get a maxcoin count. We sometimes get it wrong because we don't account for PoS, but it doesn't look like it in this case. I wanted to verify my facts before I posted anything.
Here is our current wallet status:
ghostcoin getinfo { "version" : "v1.0.0.0-g32a928e", "protocolversion" : 60014, "walletversion" : 60000, "balance" : 26398767.76477507, "newmint" : 0.00000000, "stake" : 0.00000000, "blocks" : 7814, "powblocks" : 4281, "powblocksleft" : 719,
Everything is offline as we continue to investigate
Better safe than sorry. Good job TREX.
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ifightformerkel
Legendary
Offline
Activity: 1386
Merit: 1000
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October 07, 2014, 06:20:57 PM |
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Ok I am very aware of vol != max coins. We added additional security alarms over the last few months and one of them fired this morning. That is why I have been trying to get a maxcoin count. We sometimes get it wrong because we don't account for PoS, but it doesn't look like it in this case. I wanted to verify my facts before I posted anything.
Here is our current wallet status:
ghostcoin getinfo { "version" : "v1.0.0.0-g32a928e", "protocolversion" : 60014, "walletversion" : 60000, "balance" : 26398767.76477507, "newmint" : 0.00000000, "stake" : 0.00000000, "blocks" : 7814, "powblocks" : 4281, "powblocksleft" : 719,
Everything is offline as we continue to investigate
Bittrex is calculating the number of outstanding coins by taking the total PoW + PoS blocks and multiplying them be the reward amount which is incorrect
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tylerderden
Copper Member
Legendary
Offline
Activity: 1162
Merit: 1025
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October 07, 2014, 06:22:13 PM |
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wtf?
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solid12345
Legendary
Offline
Activity: 1246
Merit: 1000
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October 07, 2014, 06:25:52 PM |
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I like how ifightformerkel has done a complete 180 on Ghost being a scam to legit.
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OPTiK
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October 07, 2014, 06:27:31 PM |
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I like how ifightformerkel has done a complete 180 on Ghost being a scam to legit.
He scared people out of coins, probably has a big bag now that he doesn't want to see disappear.
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ifightformerkel
Legendary
Offline
Activity: 1386
Merit: 1000
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October 07, 2014, 06:27:55 PM |
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Mr. Richiela, open this Gate!
Make it happen.
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bitcoinbcn
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October 07, 2014, 06:32:16 PM |
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much fud, dev almost dnt talk, bittrex distrusts...too much things and all bad, i prefer see it outside
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ifightformerkel
Legendary
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Activity: 1386
Merit: 1000
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October 07, 2014, 06:35:11 PM |
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much fud, dev almost dnt talk, bittrex distrusts...too much things and all bad, i prefer see it outside 1. where you see fud? There was only the thing with the max. number of coins, which is now clear. 2. dev post here every day a few times, this is to me dont "dev almost dnt talk" 3. bittrex trust us, only will know why there was the bug with the calculating number of outstanding coins by taking the total PoW + PoS blocks and multiplying them be the reward amount. So i see any problems here. The coin will be asap on bittrex open, and dev post today the future plans and a roadmap.
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Alns
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October 07, 2014, 06:35:28 PM |
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Told ya, suckers.
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Kimonio
Newbie
Offline
Activity: 54
Merit: 0
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October 07, 2014, 06:36:33 PM |
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godda04
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October 07, 2014, 06:37:16 PM |
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Does this mean its the dev team, or could someone manipulate total supply in some way?
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ifightformerkel
Legendary
Offline
Activity: 1386
Merit: 1000
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October 07, 2014, 06:37:23 PM |
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what do you mean with bonus coins?
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Alns
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October 07, 2014, 06:39:15 PM |
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Lol you are part of this scam.
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