metamorphin
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No risk, no fun!
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December 02, 2015, 04:10:24 PM |
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Hey Fans,
<------------------------------
Did someone see my avatar? I am ready for ETA like a gentleman!
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szenekonzept (OP)
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Europecoin Financecloud API
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December 02, 2015, 06:53:17 PM |
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Hey Fans,
<------------------------------
Did someone see my avatar? I am ready for ETA like a gentleman!
LEEAAAK!!!Europecoin Wallet in Cloudstaking Modesoooo fun! Matthias Europecoin trade is here: and here:
BITTREX
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szenekonzept (OP)
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Europecoin Financecloud API
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December 02, 2015, 07:19:16 PM |
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Woody20285
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Supporting DMD, ERC & PIO
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December 02, 2015, 10:09:18 PM |
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God - I love this thread - such entertainment and at no charge!
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szenekonzept (OP)
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Activity: 2100
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Europecoin Financecloud API
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December 03, 2015, 05:09:01 AM |
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God - I love this thread - such entertainment and at no charge!
hehe Woody you are the best! I love to make your day, or at least the breakfast, my friend
having so much fun too Matthias .
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szenekonzept (OP)
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Europecoin Financecloud API
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December 03, 2015, 07:00:41 AM |
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wildduck
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December 03, 2015, 07:17:30 AM |
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Yes and i love this thread and this coin. Wallet looks sharp
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szenekonzept (OP)
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Europecoin Financecloud API
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December 03, 2015, 11:06:57 AM |
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wildduck
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December 03, 2015, 11:56:04 AM |
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Bitcoin and every other coin be carefull ERC is coing to clam the throne
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nfigueir
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December 03, 2015, 01:47:47 PM |
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Hi Matthias,
How are the shares calculated in Staisybit?
Currently there are ~39BTC in Europecoin in Staisybit. If I have 4BTC worth of ERC in Staisybit does it mean that I have a 10% share in the staking?
Tks
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Gulden NLG: GdQgmEN1ptPzKpnMmRw7pwAuPGiJZCZjHi Europecoin ERC: Edg1HCFSsVweehu35YeHXfURKXgEi7qnLm
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cryptonit
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bit.diamonds | uNiq.diamonds
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December 03, 2015, 02:58:43 PM |
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Hi Matthias,
How are the shares calculated in Staisybit?
Currently there are ~39BTC in Europecoin in Staisybit. If I have 4BTC worth of ERC in Staisybit does it mean that I have a 10% share in the staking?
Tks
i would ask that question in staisybit thread answer is of relevance for all staisybit users not only ERC https://bitcointalk.org/index.php?topic=1091402.0
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szenekonzept (OP)
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Activity: 2100
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Europecoin Financecloud API
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December 03, 2015, 03:22:47 PM |
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Hi Matthias,
How are the shares calculated in Staisybit?
Currently there are ~39BTC in Europecoin in Staisybit. If I have 4BTC worth of ERC in Staisybit does it mean that I have a 10% share in the staking?
Tks
i would ask that question in staisybit thread answer is of relevance for all staisybit users not only ERC https://bitcointalk.org/index.php?topic=1091402.0but of course i'll give you an answer, give me a few hours, untill i am back home have fun Matthias .
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StaisyBit
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memento audere semper
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December 03, 2015, 03:24:11 PM Last edit: December 03, 2015, 04:08:11 PM by StaisyBit |
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Hi Matthias,
How are the shares calculated in Staisybit?
Currently there are ~39BTC in Europecoin in Staisybit. If I have 4BTC worth of ERC in Staisybit does it mean that I have a 10% share in the staking?
Tks
Hi. Please post this question in Staisybit thread too, i will copy/paste the reply there. This will help others with same question. Thank you. Shares are based on the weight that the user is able to earn keeping his coins on our system. The weight is a mix between user's average funds and the time he has kept those funds on Staisybit. In this way, we can take into consideration not only the deposits, but also the withdrawals (which decrease the weight), also considering the time, which rewards users for the fact that they keep coins on our wallet (which is, by the way, the same the normally a PoS wallet does when calculating user weight in network). I have also implemented a system to adjust, in medium/long term, the weight of big holders, ensuring to the small holders to have always a chance to get shares even when big holders have kept their (big) deposits on Staisybit for long time (hence having accumulated much much weight). Example: - Assumptions: usernames are "A" and "B", now is time "t", cash flows are indicated with "cf", balance is indicated with "b"Assuming to have:User | | cash flow time | | cash flow amount | | cash flow name | | weight | A | | t-4 | | 100 | | cf_1 | | W_A_1 | A | | t-3 | | 100 | | cf_2 | | W_A_2 | A | | t-2 | | -50 | | cf_3 | | W_A_3 | A | | t-1 | | 50 | | cf_4 | | W_A_4 | A | | t | | 100 | | cf_5 | | W_A_5 |
| | User | | cash flow time | | cash flow amount | | cash flow name | | weight | B | | t-4 | | 100 | | cf_1 | | W_B_1 | B | | t-3 | | 100 | | cf_2 | | W_B_2 | B | | t-2 | | -50 | | cf_3 | | W_B_3 | B | | t-1 | | 50 | | cf_4 | | W_B_4 | B | | t | | 100 | | cf_5 | | W_B_5 |
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Then, at time "t" (now), i'd calc the shares as follow: - User A: - current balance(b1) = cf_1 then => weight for the 1st period (W_A_1) is: b_1 * [(t-3) - (t-4)]
- current balance(b2) = cf_2 + b1 then => weight for the 2nd period (W_A_2) is: b_2 * [(t-2) - (t-3)]
- current balance(b3) = cf_3 + b2 then => weight for the 3rd period (W_A_3) is: b_3 * [(t-1) - (t-2)]
- current balance(b4) = cf_4 + b3 then => weight for the 4th period (W_A_4) is: b_4 * [(t) - (t-1)]
- User B: the same as user A Then: - User A weight: W_A_1 + W_A_2 + W_A_3 + W_A_4 = W_A_T
- User B weight: W_B_1 + W_B_2 + W_B_3 + W_B_4 = W_B_T
- Total Weight of "Staisybit": W_A_T + W_B_T = W_T
Now... the shares: - User A: W_A_T / W_T * 100
- User B: W_B_T / W_T * 100
The math above is able to take into consideration not just the deposits, but also the withdrawals, and always considering the time you kept a certain balance in our system too; we give importance to the time because, as you know, time matter in PoS coins under the name of "weight" or "coinage". Recently, an user raised a problem of this system: Problem: if an user deposit large amounts and keep them there for long time, small users won't have enough weight to even get 0.01% of the shares. Solution: users whom have more than 20% of total Staisybit funds for a certain coin, will see the weight of the time decrease slowly within 365 days. What does this mean? This mean that i created a function that decrease the weight of the time until 0.4% in 365 days. In other words, users with very high % of funds will end up having their weight calculated almost only by their funds, no matter the time, in 365 days. I know it's a bit hard to explain on the paper, feel free to ask more if something is not clear.
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szenekonzept (OP)
Legendary
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Activity: 2100
Merit: 1012
Europecoin Financecloud API
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December 03, 2015, 03:30:34 PM |
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Hi Matthias,
How are the shares calculated in Staisybit?
Currently there are ~39BTC in Europecoin in Staisybit. If I have 4BTC worth of ERC in Staisybit does it mean that I have a 10% share in the staking?
Tks
Hi. Please post this question in Staisybit thread too, i will copy/paste the reply there. This will help others with same question. Thank you. Let me explain with an example: - Assumptions: usernames are "A" and "B", now is time "t", cash flows are indicated with "cf", balance is indicated with "b"Assuming to have:User | | cash flow time | | cash flow amount | | cash flow name | | weight | A | | t-4 | | 100 | | cf_1 | | W_A_1 | A | | t-3 | | 100 | | cf_2 | | W_A_2 | A | | t-2 | | -50 | | cf_3 | | W_A_3 | A | | t-1 | | 50 | | cf_4 | | W_A_4 | A | | t | | 100 | | cf_5 | | W_A_5 |
| | User | | cash flow time | | cash flow amount | | cash flow name | | weight | B | | t-4 | | 100 | | cf_1 | | W_B_1 | B | | t-3 | | 100 | | cf_2 | | W_B_2 | B | | t-2 | | -50 | | cf_3 | | W_B_3 | B | | t-1 | | 50 | | cf_4 | | W_B_4 | B | | t | | 100 | | cf_5 | | W_B_5 |
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Then, at time "t" (now), i'd calc the shares as follow: - User A: - current balance(b1) = cf_1 then => weight for the 1st period (W_A_1) is: b_1 * [(t-3) - (t-4)]
- current balance(b2) = cf_2 + b1 then => weight for the 2nd period (W_A_2) is: b_2 * [(t-2) - (t-3)]
- current balance(b3) = cf_3 + b2 then => weight for the 3rd period (W_A_3) is: b_3 * [(t-1) - (t-2)]
- current balance(b4) = cf_4 + b3 then => weight for the 4th period (W_A_4) is: b_4 * [(t) - (t-1)]
- User B: the same as user A Then: - User A weight: W_A_1 + W_A_2 + W_A_3 + W_A_4 = W_A_T
- User B weight: W_B_1 + W_B_2 + W_B_3 + W_B_4 = W_B_T
- Total Weight of "Staisybit": W_A_T + W_B_T = W_T
Now... the shares: - User A: W_A_T / W_T * 100
- User B: W_B_T / W_T * 100
The math above is able to take into consideration not just the deposits, but also the withdrawals, and always considering the time you kept a certain balance in our system too; we give importance to the time because, as you know, time matter in PoS coins under the name of "weight" or "coinage". Recently, an user raised a problem of this system: Problem: if an user deposit large amounts and keep them there for long time, small users won't have enough weight to even get 0.01% of the shares. Solution: users whom have more than 20% of total Staisybit funds for a certain coin, will see the weight of the time decrease slowly within 365 days. What does this mean? This mean that i created a function that decrease the weight of the time until 0.4% in 365 days. In other words, users with very high % of funds will end up having their weight calculated almost only by their funds, no matter the time, in 365 days. I know it's a bit hard to explain on the paper, feel free to ask more if something is not clear. thank you very much, staisy have fun Matthias .
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cryptonit
Legendary
Offline
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
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December 03, 2015, 04:08:47 PM |
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Hi Matthias,
How are the shares calculated in Staisybit?
Currently there are ~39BTC in Europecoin in Staisybit. If I have 4BTC worth of ERC in Staisybit does it mean that I have a 10% share in the staking?
Tks
Hi. Please post this question in Staisybit thread too, i will copy/paste the reply there. This will help others with same question. Thank you. Shares are based on the weight that the user is able to earn keeping his coins on our system. The weight is a mix between user's average funds and the time he has kept those funds on Staisybit. In this way, we can take into consideration not only the deposits, but also the withdrawals (which decrease the weight), also considering the time, which rewards users for the fact that they keep coins on our wallet (which is, by the way, the same the normally a PoS wallet does when calculating user weight in network). I have also implemented a system to adjust, in medium/long term, the weight of big holders, ensuring to the small holders to have always a chance to get shares even when big holders have kept their (big) deposits on Staisybit for long time (hence having accumulated much much weight). Example: - Assumptions: usernames are "A" and "B", now is time "t", cash flows are indicated with "cf", balance is indicated with "b"Assuming to have:User | | cash flow time | | cash flow amount | | cash flow name | | weight | A | | t-4 | | 100 | | cf_1 | | W_A_1 | A | | t-3 | | 100 | | cf_2 | | W_A_2 | A | | t-2 | | -50 | | cf_3 | | W_A_3 | A | | t-1 | | 50 | | cf_4 | | W_A_4 | A | | t | | 100 | | cf_5 | | W_A_5 |
| | User | | cash flow time | | cash flow amount | | cash flow name | | weight | B | | t-4 | | 100 | | cf_1 | | W_B_1 | B | | t-3 | | 100 | | cf_2 | | W_B_2 | B | | t-2 | | -50 | | cf_3 | | W_B_3 | B | | t-1 | | 50 | | cf_4 | | W_B_4 | B | | t | | 100 | | cf_5 | | W_B_5 |
|
Then, at time "t" (now), i'd calc the shares as follow: - User A: - current balance(b1) = cf_1 then => weight for the 1st period (W_A_1) is: b_1 * [(t-3) - (t-4)]
- current balance(b2) = cf_2 + b1 then => weight for the 2nd period (W_A_2) is: b_2 * [(t-2) - (t-3)]
- current balance(b3) = cf_3 + b2 then => weight for the 3rd period (W_A_3) is: b_3 * [(t-1) - (t-2)]
- current balance(b4) = cf_4 + b3 then => weight for the 4th period (W_A_4) is: b_4 * [(t) - (t-1)]
- User B: the same as user A Then: - User A weight: W_A_1 + W_A_2 + W_A_3 + W_A_4 = W_A_T
- User B weight: W_B_1 + W_B_2 + W_B_3 + W_B_4 = W_B_T
- Total Weight of "Staisybit": W_A_T + W_B_T = W_T
Now... the shares: - User A: W_A_T / W_T * 100
- User B: W_B_T / W_T * 100
The math above is able to take into consideration not just the deposits, but also the withdrawals, and always considering the time you kept a certain balance in our system too; we give importance to the time because, as you know, time matter in PoS coins under the name of "weight" or "coinage". Recently, an user raised a problem of this system: Problem: if an user deposit large amounts and keep them there for long time, small users won't have enough weight to even get 0.01% of the shares. Solution: users whom have more than 20% of total Staisybit funds for a certain coin, will see the weight of the time decrease slowly within 365 days. What does this mean? This mean that i created a function that decrease the weight of the time until 0.4% in 365 days. In other words, users with very high % of funds will end up having their weight calculated almost only by their funds, no matter the time, in 365 days. I know it's a bit hard to explain on the paper, feel free to ask more if something is not clear. and now lets estimate my first name is not albert
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rmd73
Sr. Member
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Think with your brain. It is not illegal (yet).
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December 03, 2015, 04:21:03 PM |
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and now lets estimate my first name is not albert Well, there's a non-null probability that the second name might be Onestone in German...
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szenekonzept (OP)
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Activity: 2100
Merit: 1012
Europecoin Financecloud API
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December 03, 2015, 05:31:51 PM |
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today adding:FuelCoin , CapriCoin, PeerCoin BlackCoin, EnergyCoin and Bitz are almost synced
have fun Matthias
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szenekonzept (OP)
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Europecoin Financecloud API
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December 03, 2015, 08:50:39 PM Last edit: December 04, 2015, 08:35:53 AM by szenekonzept |
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and now lets estimate my first name is not albert Well, there's a non-null probability that the second name might be Onestone in German... NO EINSTEIN? NO PROBLEM!yes we are aware that there will have to be some better way to explain the calculation, or even better, some kind of tool, to do it for you. Our to-do list is full of future improvements and will be rolled out, as quick, as you would expect from any EUROPECOIN/STAISYBIT project.
Our power is growing faster than we ourself have ever expected, mainly because our network of partnerships is exploding, (thank you to everybody) some promising cooperation's will be announced very soon, expect even more big things to happen.
And these estimates are not epic, they are conservative ... As we grow we are continuously focusing on better planned, better targeted projects, more informative announcements and carefully chosen partners like Diamond Foundation, Noble Suite, Uberpay/Geopay, CointoPay and so many more.
..... and even more fun!
Always be EPIC !! Always OVERDELIVER !!
Yes and THAT's fun! Matthias Europecoin trade is here: and here:
BITTREX
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cryptonit
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bit.diamonds | uNiq.diamonds
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December 04, 2015, 01:28:28 AM |
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As we grow we are continuously focusing on better planned, better targeted projects, more informative announcements and carefully chosen partners like the Diamond Foundation, Noble Suite, Uberpay/Geopay, CointoPay and so many more.
thx for all matthias! a man open minded and honest never forget who was walking side by side with him in the early days i think i see a future with you!
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szenekonzept (OP)
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Activity: 2100
Merit: 1012
Europecoin Financecloud API
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December 04, 2015, 08:40:45 AM |
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As we grow we are continuously focusing on better planned, better targeted projects, more informative announcements and carefully chosen partners like the Diamond Foundation, Noble Suite, Uberpay/Geopay, CointoPay and so many more.
thx for all matthias! a man open minded and honest never forget who was walking side by side with him in the early days i think i see a future with you! being able to accept different mindsets is a path to find out, about the similarity’s.
Diamond Foundation has shown that ability in difficult times, a real partner to support.
Visions first, is the path to success.
a smile from here Matthias
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