[ANN] SMLY- smileycoin - for rewards in education

[gstefans]

I should add that the tutor-web project and SMLY will be introduced to instructors in Kenya at a conference in Nairobi as well as at Maseno University when I'll be there in August.

We're aiming at having a standalone system (laptop server+tablets) to run the whole thing, as a demo for areas with serious problems in connectivity. The system will sync to the outside whenever the laptop server gets an Intenet connection.

PS Right now I am inside the Great Firewall which does not like bitcointalk so please PM me if there are any serious problems.

[TRATILMNEVZAD]

who trades?

[TRATILMNEVZAD]

Let's btc to trade a pair of the white cue ball and not to trade it doge

[dida]

I dont understand something..

According to suprnova NET hashrate is 194.62 MH/s ( that is my own hashrate) and I only getting (according to pool stats) 1,984,908.880 coins for it ?

Should it be a larger number of coins if block did not halfed? Or NET stats are not correct and net hashrate is larger then it calculates?

[gstefans]

I dont understand something..

According to suprnova NET hashrate is 194.62 MH/s ( that is my own hashrate) and I only getting (according to pool stats) 1,984,908.880 coins for it ?

Should it be a larger number of coins if block did not halfed? Or NET stats are not correct and net hashrate is larger then it calculates?

http://smly.hashlink.eu/ reports roughly the same hashrate (you are definitely dominating but not quite alone) but it also reports 10,000 coins per mined block (no halving for a few more years). The difficulty is up a bit but will come down in the next round.

[TRATILMNEVZAD]

I dont understand something..

According to suprnova NET hashrate is 194.62 MH/s ( that is my own hashrate) and I only getting (according to pool stats) 1,984,908.880 coins for it ?

Should it be a larger number of coins if block did not halfed? Or NET stats are not correct and net hashrate is larger then it calculates?

[TRATILMNEVZAD]

Statistics on the impact

[TRATILMNEVZAD]

capitalization 50 % ?
[b][/b]

[TRATILMNEVZAD]

[gstefans]

capitalization 50 % ?
[b][/b]

There was a pre-mine of 50%. If you go to the full thread at https://bitcointalk.org/index.php?topic=845761.0;all and search for "pre-mine" you will see the discussion, which is based on the pre-mine description on the homepage at http://tutor-web.info/smileycoin. The point of the premine was "the pre-mined coins are used to reward students for their performance" and the logic is given on the homepage.

Following a discussion in this thread, the following was added to the homepage: "The entire educational reward system will most likely be structured in a way similar to the block rewards for mining. The total number of coins will be 50 billion, 50% for each type of rewards. The block rewards are set to be 12.5 billion over the first 7 years and then go down by 50% every 7-year period. Doing the same for the educational rewards will result in the same annual totals or approximately 12.5 billion over the first 7 years. This implies that in the first year or two, while there are relatively few students, the rewards for acing an entire tutorial can be set very high, up to 1 million SMLY for a difficult tutorial."

[gstefans]

Note that this is 240 million, which is just a dump from mining.

[TRATILMNEVZAD]

how many right now coin ?

[gstefans]

how many right now coin ?

The number on coinmarketcap.com should be correct: 24,468,510,000 (except for a possible time delay). Basically, this is 24 billion pre-mine plus whatever was mined later.

The pre-mine was done by setting a fixed reward of 24 million on the first 1000 blocks.

The coinmarketcap number should be based on the block height (75,385 in coinplorer.com) in the following way: 24000000*1000+(75385-1000)*10000 which gives 24.743 billion (note that there can easily be a time lapse between the coinmarketcap and coinplorer).

[gstefans]

how many right now coin ?

The number on coinmarketcap.com should be correct: 24,468,510,000 (except for a possible time delay). Basically, this is 24 billion pre-mine plus whatever was mined later.

The pre-mine was done by setting a fixed reward of 24 million on the first 1000 blocks.

The coinmarketcap number should be based on the block height (75,385 in coinplorer.com) in the following way: 24000000*1000+(75385-1000)*10000 which gives 24.743 billion (note that there can easily be a time lapse between the coinmarketcap and coinplorer).

I should add that coinmarketcap is supposed to be using http://tutor-web.net/@@quizdb-coin-totalcoins  which gives the same number as the above formula (when you insert the coinplorer.com block height) -- i.e. coinmarketcap.com is quite a bit behind.
 

[gstefans]

tutor-web and $SMLY in the news: http://bit.ly/smly-benzinga

[royalwebgrup]

https://c-cex.com/?p=smly-usd
Happy sell 

[ALTCOINLINKS]

Thanks for your request guys, of course I'll add a pool for you:

https://smly.suprnova.cc

Happy mining ! :-)

My coins have been unconfirmed for several days now. I have made several attempts to contact you and you have not responded. Its the principal of the matter now.i know the coins are worth pennies but you not messaging me back gets frustrating.i just want a simple answer as to what's wrong why its taking so long to be confirmed.

[gstefans]

Thanks for your request guys, of course I'll add a pool for you:

https://smly.suprnova.cc

Happy mining ! :-)

My coins have been unconfirmed for several days now. I have made several attempts to contact you and you have not responded. Its the principal of the matter now.i know the coins are worth pennies but you not messaging me back gets frustrating.i just want a simple answer as to what's wrong why its taking so long to be confirmed.

Sorry to hear this, but I do not see any messages from you in any of my inboxes. Did you PM me?

[ocminer]

Thanks for your request guys, of course I'll add a pool for you:

https://smly.suprnova.cc

Happy mining ! :-)

My coins have been unconfirmed for several days now. I have made several attempts to contact you and you have not responded. Its the principal of the matter now.i know the coins are worth pennies but you not messaging me back gets frustrating.i just want a simple answer as to what's wrong why its taking so long to be confirmed.

If you were pointing this at me, I responded to your PM a only about an hour after you wrote it to me.

here the answer again:
The Nethash for Smly is so low at the moment, that the chain is just moving so slowly ... Confirmations are going as usual, there are just more miners needed. I've pointed one of my rigs to the smly pool now to let the blocks confirm.

As I've moved my scrypt rigs to 8bit now, the chain is stalled again.. No confirmations are taking place until someone starts mining smly again.

As I see this as a big problem to potential miners, I'll close the Pool soon. Please withdraw your funds and stop mining.

[gstefans]

Thanks for your request guys, of course I'll add a pool for you:

https://smly.suprnova.cc

Happy mining ! :-)

My coins have been unconfirmed for several days now. I have made several attempts to contact you and you have not responded. Its the principal of the matter now.i know the coins are worth pennies but you not messaging me back gets frustrating.i just want a simple answer as to what's wrong why its taking so long to be confirmed.

If you were pointing this at me, I responded to your PM a only about an hour after you wrote it to me.

here the answer again:
The Nethash for Smly is so low at the moment, that the chain is just moving so slowly ... Confirmations are going as usual, there are just more miners needed. I've pointed one of my rigs to the smly pool now to let the blocks confirm.

As I've moved my scrypt rigs to 8bit now, the chain is stalled again.. No confirmations are taking place until someone starts mining smly again.

As I see this as a big problem to potential miners, I'll close the Pool soon. Please withdraw your funds and stop mining.

Can I ask you to please wait: I only just got back to the surface after some other tasks and got no indications of the problem before now. I will try to get more miners on this.