[ANN] 10k Coin | Now with 10% PoS and 10000% Superblocks | 10k/MMXIV Market OPEN

[iGotSpots]

So, does this new rewards system mean that if you don't run the wallet 24/7, you'll get only 10% stake?

90% of the time, yes. Over a year, you will average 10% of your blocks at 10,000%

[1715334352]

1715334352

[1715334352]

1715334352

[anotherlateminer]

So, does this new rewards system mean that if you don't run the wallet 24/7, you'll get only 10% stake?

90% of the time, yes. Over a year, you will average 10% of your blocks at 10,000%

That's why GorillaStake exists, I understand

[iGotSpots]

So, does this new rewards system mean that if you don't run the wallet 24/7, you'll get only 10% stake?

90% of the time, yes. Over a year, you will average 10% of your blocks at 10,000%

That's why GorillaStake exists, I understand

Correct. While we cannot give you a better chance at a big block, we do ensure low orphans with fast internet, strong servers, and 24/7 staking so your coinage is never going to waste. This is very important with such fast cycles

[Pab]

So, does this new rewards system mean that if you don't run the wallet 24/7, you'll get only 10% stake?

90% of the time, yes. Over a year, you will average 10% of your blocks at 10,000%

That's why GorillaStake exists, I understand

Correct. While we cannot give you a better chance at a big block, we do ensure low orphans with fast internet, strong servers, and 24/7 staking so your coinage is never going to waste. This is very important with such fast cycles

Does Gorilla is listed on Hz exchange also

[iGotSpots]

So, does this new rewards system mean that if you don't run the wallet 24/7, you'll get only 10% stake?

90% of the time, yes. Over a year, you will average 10% of your blocks at 10,000%

That's why GorillaStake exists, I understand

Correct. While we cannot give you a better chance at a big block, we do ensure low orphans with fast internet, strong servers, and 24/7 staking so your coinage is never going to waste. This is very important with such fast cycles

Does Gorilla is listed on Hz exchange also

Yes, it is. We also have an asset on NXT. Both are in the thread linked below

https://bitcointalk.org/index.php?topic=951437.msg10606254#msg10606254

[iGotSpots]

All GorillaStake servers have been upgraded, restarted, and updated to Version 2.0.2 for 10k

[iGotSpots]

Just so this is on the newest page

     

Significant changes in the 10k Version 2.0.2 Hard Fork:
I've heard your concerns. It's inflating too fast, we know. I have an idea to slow it down significantly while still giving the huge lottery bonus and keeping the 10k name intact!

Changes to Stake Rate

• Stake rewards start fluctuating at Block 360,000
• There will be ninety blocks at 10% Stake Rate
• Following those will be 10 blocks at 10,000%
• These waves will happen every 50 minutes

Basically, every (almost) hour there is a lottery with 10 winners who win 10,000% stake rate for that block, while the other 90 will be at 10%. The reason I chose 100 block cycles is because being slightly less than 50 minutes will ensure the massive blocks aren't always at x:30 or x:00 and add a bit of variance to when the large blocks will hit

Quality of Life Changes

• 'WARNING: Old Checkpoint' alert now properly displays it's simply syncing
• Message when sending coins reflects that fee is destroyed and not paid to anyone
• Syncing optimizations, including upgraded, integrated seednodes
• Small update to logo, images, and icons to reflect new version

Forums mess up formatting a bit, but the Stake Reward Structure in its entirety is as follows:

Code:

int64 GetProofOfStakeRewardYear(int nHeight) {
static int64 nBaseCoinYear = 10000 * CENT;
static int64 nMaxPercent = 100;
static int64 nReward = 0;
if (nHeight < 360000) {
	return nBaseCoinYear;
	} else {
			if (nHeight % 100 <= 9) {
		nReward = 10000;
	} else {
		nReward = 10;
    }
    return nReward * CENT;
    }
 }

     

You have until block 360,000 to update, but I highly suggest doing so immediately

[AdamWhite]

The coin is not even 6 weeks old and already having problems? 

[MickGhee]

So smaller inputs that hold greater age would be wise?

[fonzerrellie]

The coin is not even 6 weeks old and already having problems? 

lol what problems? the coin works great and is even better mow

[tw0rak]

The coin is not even 6 weeks old and already having problems? 

You maybe dont understand the problematic of crypto. Hard fork dont need to be cos of the coin have problems. The reason is coin developement progress now.
And I think its a wise solution.

[Pab]

So, does this new rewards system mean that if you don't run the wallet 24/7, you'll get only 10% stake?

90% of the time, yes. Over a year, you will average 10% of your blocks at 10,000%

That's why GorillaStake exists, I understand

Correct. While we cannot give you a better chance at a big block, we do ensure low orphans with fast internet, strong servers, and 24/7 staking so your coinage is never going to waste. This is very important with such fast cycles

Does Gorilla is listed on Hz exchange also

Yes, it is. We also have an asset on NXT. Both are in the thread linked below

https://bitcointalk.org/index.php?topic=951437.msg10606254#msg10606254

Thanks IG

all that together look preety nice

[capn]

Hey look at that...wallet finally hit 1M+. I think I'll sit on these for a while, see you guys later 

[iGotSpots]

Hey look at that...wallet finally hit 1M+. I think I'll sit on these for a while, see you guys later 

Good timing

[Vlizzjeffrey]

lol i bought this at 8k sats, worst buy ever

[fonzerrellie]

lol i bought this at 8k sats, worst buy ever

lol worst fud ever 

[fonzerrellie]

Hey look at that...wallet finally hit 1M+. I think I'll sit on these for a while, see you guys later 

Ha I'm working on it

[iGotSpots]

lol i bought this at 8k sats, worst buy ever

Maybe, but the OP couldn't have been more clear that this was a possibility

[djselery]

Love the change spots, just wish it was a little sooner... but, no biggie... now i buy more.. was waiting until i knew what 2.0.2 was. Oh, and what great timing, almost at 60,000... just got a 10,000 orphan, this will be very nice..

[whyyousoserious]

so basically just download the wallet and open it.. thats it?