SimonTower
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November 06, 2015, 06:48:49 PM |
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4-5 more months and we will reach the max coin cap. I think the price will skyrocketing at next spring. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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AngelLox
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November 06, 2015, 08:25:00 PM |
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4-5 more months and we will reach the max coin cap. I think the price will skyrocketing at next spring. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) These is a max coin cap? Never knew that lol
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SimonTower
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November 06, 2015, 08:43:12 PM Last edit: November 06, 2015, 09:27:37 PM by SimonTower |
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4-5 more months and we will reach the max coin cap. I think the price will skyrocketing at next spring. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) These is a max coin cap? Never knew that lol From the first thread: Specs X13 - POS/POW Block Time 60 Seconds Max Money 20,000,000 Diff adjust per block The supply now is 13,8m so 6.2m left. 6.2m/30 coins=~206k blocks. 60 seconds*206k=206k minutes=~3400 hours=~143 days In the source code You can find this in the main.h, line 41: static const int64_t MAX_MONEY = 20000000 * COIN;
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AngelLox
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2015, 08:48:53 PM |
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4-5 more months and we will reach the max coin cap. I think the price will skyrocketing at next spring. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) These is a max coin cap? Never knew that lol From the first thread: Specs X13 - POS/POW Block Time 60 Seconds Max Money 20,000,000 Diff adjust per block The supply now is 13,8m so 6.2m left. 6.2m/30 coins=~206k blocks. 60 seconds*206k=206k minutes=~3400 hours=~143 days Not sure about it, after the coin switched to fixed 30 con per stake it might have changed. Plenty of time to keep staking even if there is supply cap.
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Woody20285
Legendary
Offline
Activity: 1218
Merit: 1002
Supporting DMD, ERC & PIO
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November 07, 2015, 03:46:59 AM |
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4-5 more months and we will reach the max coin cap. I think the price will skyrocketing at next spring. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) These is a max coin cap? Never knew that lol From the first thread: Specs X13 - POS/POW Block Time 60 Seconds Max Money 20,000,000 Diff adjust per block The supply now is 13,8m so 6.2m left. 6.2m/30 coins=~206k blocks. 60 seconds*206k=206k minutes=~3400 hours=~143 days In the source code You can find this in the main.h, line 41: static const int64_t MAX_MONEY = 20000000 * COIN; So in about 5 months - POS will end due to max coins reached?
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shtako
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 07, 2015, 09:36:26 AM |
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4-5 more months and we will reach the max coin cap. I think the price will skyrocketing at next spring. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) These is a max coin cap? Never knew that lol From the first thread: Specs X13 - POS/POW Block Time 60 Seconds Max Money 20,000,000 Diff adjust per block The supply now is 13,8m so 6.2m left. 6.2m/30 coins=~206k blocks. 60 seconds*206k=206k minutes=~3400 hours=~143 days In the source code You can find this in the main.h, line 41: static const int64_t MAX_MONEY = 20000000 * COIN; So in about 5 months - POS will end due to max coins reached? I dont think that is the case. Most likely just a small mistake in the original post. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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SimonTower
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 07, 2015, 12:45:52 PM |
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4-5 more months and we will reach the max coin cap. I think the price will skyrocketing at next spring. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) These is a max coin cap? Never knew that lol From the first thread: Specs X13 - POS/POW Block Time 60 Seconds Max Money 20,000,000 Diff adjust per block The supply now is 13,8m so 6.2m left. 6.2m/30 coins=~206k blocks. 60 seconds*206k=206k minutes=~3400 hours=~143 days In the source code You can find this in the main.h, line 41: static const int64_t MAX_MONEY = 20000000 * COIN; So in about 5 months - POS will end due to max coins reached? I dont think that is the case. Most likely just a small mistake in the original post. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) And in the source code too, right? ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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ctgiant
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 07, 2015, 01:43:55 PM |
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4-5 more months and we will reach the max coin cap. I think the price will skyrocketing at next spring. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) These is a max coin cap? Never knew that lol From the first thread: Specs X13 - POS/POW Block Time 60 Seconds Max Money 20,000,000 Diff adjust per block The supply now is 13,8m so 6.2m left. 6.2m/30 coins=~206k blocks. 60 seconds*206k=206k minutes=~3400 hours=~143 days In the source code You can find this in the main.h, line 41: static const int64_t MAX_MONEY = 20000000 * COIN; So in about 5 months - POS will end due to max coins reached? I dont think that is the case. Most likely just a small mistake in the original post. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) And in the source code too, right? ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) I'm pretty sure that: static const int64_t MAX_MONEY = 20000000 * COIN; does not mean what you think it does. It is commonly mistaken as the maximum number of coins that can be produced, but that is not actually the case. The constant MAX_MONEY actually caps transaction size and not total coin supply. The behavior of the wallet based on MAX_MONEY is just to refuse any transactions that are attempting to send more then that number of coins. This is why several altcoins that were supposed to be capped based on the developer's misunderstanding of MAX_MONEY have gone over their stated total coin supply. Because of this, CON staking will not end in 5 months. Based on the current code in main.cpp, it will go on with a reward of 30 + fees indefinitely unless the code is changed in the future or if I missed something in the code pertaining to GetProofOfStakeReward.
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SimonTower
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 07, 2015, 03:40:10 PM |
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I'm pretty sure that: static const int64_t MAX_MONEY = 20000000 * COIN; does not mean what you think it does. It is commonly mistaken as the maximum number of coins that can be produced, but that is not actually the case. The constant MAX_MONEY actually caps transaction size and not total coin supply. The behavior of the wallet based on MAX_MONEY is just to refuse any transactions that are attempting to send more then that number of coins. This is why several altcoins that were supposed to be capped based on the developer's misunderstanding of MAX_MONEY have gone over their stated total coin supply. Because of this, CON staking will not end in 5 months. Based on the current code in main.cpp, it will go on with a reward of 30 + fees indefinitely unless the code is changed in the future or if I missed something in the code pertaining to GetProofOfStakeReward. I checked the full source now and maybe You're right. That max_money looks like only used for consistency checking and is not meant to be part of the minting design. In this case Crestington should change the minting reward to 0 after block ~625000
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AngelLox
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 09, 2015, 08:54:48 PM |
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In this case Crestington should change the minting reward to 0 after block ~625000
Why so? Con inflation isn't crazy, i'd say it's about right.
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Woody20285
Legendary
Offline
Activity: 1218
Merit: 1002
Supporting DMD, ERC & PIO
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November 10, 2015, 06:34:59 AM |
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Really. Same post every thread. Read the Ann.
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TheInfidel
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November 10, 2015, 09:42:12 AM |
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hi PayCon members i had questions about specs.
1. Confirms received? 2. Confirms rewards? 3. Average reward?
Give it a rest, in every thread same post.
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Battareus
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November 10, 2015, 01:22:08 PM |
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hi PayCon members i had questions about specs.
1. Confirms received? 2. Confirms rewards? 3. Average reward?
Give it a rest, in every thread same post. I Just saw this guy in HBN thread. So sad to see what my favorite POS coins in such a decline. Both coins seems abandoned, but I believe that developers will return ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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Hippie Tech
aka Amenstop
Legendary
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Activity: 1624
Merit: 1001
All cryptos are FIAT digital currency. Do not use.
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November 10, 2015, 02:49:47 PM |
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hi PayCon members i had questions about specs.
1. Confirms received? 2. Confirms rewards? 3. Average reward?
Give it a rest, in every thread same post. I Just saw this guy in HBN thread. So sad to see what my favorite POS coins in such a decline. Both coins seems abandoned, but I believe that developers will return ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) WTF is making people so gullable these days ? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Have fun waiting for your knight in shitcoin armor, dude.
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Cryptco
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 10, 2015, 03:54:54 PM |
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hi PayCon members i had questions about specs.
1. Confirms received? 2. Confirms rewards? 3. Average reward?
Give it a rest, in every thread same post. I Just saw this guy in HBN thread. So sad to see what my favorite POS coins in such a decline. Both coins seems abandoned, but I believe that developers will return ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) Hi guys, sorry I've been away lately, just needed a bit of a break from Crypto and coding in general in order to sort out real life stuff....( I'll be more active in the coming weeks and start pushing out some more updates, hope you guys understand.
He'll return / be back!!! Give him a break in order to sort out real life stuff!!!! https://youtu.be/35Dy_e7H2EY![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fcdn.meme.am%2Finstances%2F400x%2F57648459.jpg&t=665&c=LCiYL4Pi8ggryA) Its a Community Coin and every Holder/ Investor is the Dev. Ask not what the dev and community can do for you – ask what you can do for your community and coin development!
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Pab
Legendary
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Activity: 1862
Merit: 1012
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November 11, 2015, 01:11:14 AM |
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All alts has been sold,becouse of btc really.Now looks like we are coming back to norm
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Crestington (OP)
Legendary
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Activity: 882
Merit: 1024
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November 13, 2015, 08:07:28 PM |
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hi PayCon members i had questions about specs.
1. Confirms received? 2. Confirms rewards? 3. Average reward?
Give it a rest, in every thread same post. I Just saw this guy in HBN thread. So sad to see what my favorite POS coins in such a decline. Both coins seems abandoned, but I believe that developers will return ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) Hi guys, sorry I've been away lately, just needed a bit of a break from Crypto and coding in general in order to sort out real life stuff....( I'll be more active in the coming weeks and start pushing out some more updates, hope you guys understand.
He'll return / be back!!! Give him a break in order to sort out real life stuff!!!! https://youtu.be/35Dy_e7H2EY![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fcdn.meme.am%2Finstances%2F400x%2F57648459.jpg&t=665&c=LCiYL4Pi8ggryA) Its a Community Coin and every Holder/ Investor is the Dev. Ask not what the dev and community can do for you – ask what you can do for your community and coin development! I'm back and I'm here, I'm not going anywhere. I still have my nodes connected and helping to route connections, I've been super burnt out lately and hope you guys understand. Back to working on the website these days, if anyone wants to add to the repo with updates or features I can add them in.
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sudo23
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 13, 2015, 09:19:03 PM |
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hi PayCon members i had questions about specs.
1. Confirms received? 2. Confirms rewards? 3. Average reward?
Give it a rest, in every thread same post. I Just saw this guy in HBN thread. So sad to see what my favorite POS coins in such a decline. Both coins seems abandoned, but I believe that developers will return ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) Hi guys, sorry I've been away lately, just needed a bit of a break from Crypto and coding in general in order to sort out real life stuff....( I'll be more active in the coming weeks and start pushing out some more updates, hope you guys understand.
He'll return / be back!!! Give him a break in order to sort out real life stuff!!!! https://youtu.be/35Dy_e7H2EY![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fcdn.meme.am%2Finstances%2F400x%2F57648459.jpg&t=665&c=LCiYL4Pi8ggryA) Its a Community Coin and every Holder/ Investor is the Dev. Ask not what the dev and community can do for you – ask what you can do for your community and coin development! I'm back and I'm here, I'm not going anywhere. I still have my nodes connected and helping to route connections, I've been super burnt out lately and hope you guys understand. Back to working on the website these days, if anyone wants to add to the repo with updates or features I can add them in. Good to hear from you! I completely understand, mate. best wishes sudo
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SimonTower
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 14, 2015, 04:10:17 AM Last edit: November 14, 2015, 05:29:00 AM by SimonTower |
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Welcome back Crestington! What is Your opinion about the total supply cap? We should make some discussing with Bittrex the possibility of adding PayCon. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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flyingplows
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November 14, 2015, 07:36:09 AM |
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yo!, I see the price is plummeting... is it because of current BTC price skyrocketing or is it because this coin has been abandoned..? i see a very low activity on the forums lately.. ..paycon related..
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