jc12345
Legendary
Offline
Activity: 1638
Merit: 1013
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February 05, 2015, 02:45:59 PM |
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how many 10K will there ever be , max?
I'm not sure if there is a max number. If not then after several years the number would be beyond reason. Even if it got to one satoshi, but continued to have support there. 500 of these coins would get you over 1000 BTC...theoretically This question is on many people's minds. However, with widespread adoption the total number of coins is not that big a thing. At some point in future (perhaps when widely adopted) and if it does become a huge problem for some reason, it can be sorted then with an adjustment to the staking parameters. You can ask a similar question - how many fiat dollars are there in total out there in the money supply?
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iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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February 05, 2015, 02:49:49 PM |
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how many 10K will there ever be , max?
I'm not sure if there is a max number. If not then after several years the number would be beyond reason. Even if it got to one satoshi, but continued to have support there. 500 of these coins would get you over 1000 BTC...theoretically This question is on many people's minds. However, with widespread adoption the total number of coins is not that big a thing. At some point in future if (when widely adopted) and it does become a huge problem for some reason, it can be sorted then with an adjustment to the staking parameters. You can ask a similar question - how many fiat dollars are there in total out there in the money supply? I have left it very easy to modify this later if needed. We can also raise fees, add stake modifiers, or do it a new way. Many options in the future As far as the max...how high can you count?
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tolikkk
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February 05, 2015, 02:57:11 PM |
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how many time wait for firs stake % ? 1 hour ?
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The_Prof
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February 05, 2015, 03:13:17 PM |
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how many 10K will there ever be , max?
I'm not sure if there is a max number. If not then after several years the number would be beyond reason. Even if it got to one satoshi, but continued to have support there. 500 of these coins would get you over 1000 BTC...theoretically This question is on many people's minds. However, with widespread adoption the total number of coins is not that big a thing. At some point in future if (when widely adopted) and it does become a huge problem for some reason, it can be sorted then with an adjustment to the staking parameters. You can ask a similar question - how many fiat dollars are there in total out there in the money supply? I have left it very easy to modify this later if needed. We can also raise fees, add stake modifiers, or do it a new way. Many options in the future As far as the max...how high can you count? Looking into this with more detail. It's not about how high one can count. having just 1 coin staking as you desire will get to this in 5 years: 8.2634497615169870410629960038999 e+191 If I am wrong I would love for someone to show me, but the numbers will start getting to extreme. Is that what you trying to test? Edit: 1 coin per block is just too much. To lengthen time on this, 10 '10k-toshis' might be a more feasible block value...again theoretically. But not my coin and I can't complain as I'm doing well.
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Look over there...
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The_Prof
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February 05, 2015, 03:22:04 PM |
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how many time wait for firs stake % ? 1 hour ? 1 hour to mature, then from there you will need to gain some stake weight. That takes some time as well. Depending on the amount you have I would say between 2-5 hours for your first stake.
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Look over there...
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MrZ28s
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February 05, 2015, 03:25:13 PM |
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Any particular reason why supporters of BALLS weren't told about this coin? Seems very shady to me...
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jc12345
Legendary
Offline
Activity: 1638
Merit: 1013
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February 05, 2015, 03:25:30 PM |
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how many 10K will there ever be , max?
I'm not sure if there is a max number. If not then after several years the number would be beyond reason. Even if it got to one satoshi, but continued to have support there. 500 of these coins would get you over 1000 BTC...theoretically This question is on many people's minds. However, with widespread adoption the total number of coins is not that big a thing. At some point in future if (when widely adopted) and it does become a huge problem for some reason, it can be sorted then with an adjustment to the staking parameters. You can ask a similar question - how many fiat dollars are there in total out there in the money supply? I have left it very easy to modify this later if needed. We can also raise fees, add stake modifiers, or do it a new way. Many options in the future As far as the max...how high can you count? Looking into this with more detail. It's not about how high one can count. having just 1 coin staking as you desire will get to this in 5 years: 8.2634497615169870410629960038999 e+191 If I am wrong I would love for someone to show me, but the numbers will start getting to extreme. Is that what you trying to test? Edit: 1 coin per block is just too much. To lengthen time on this, 10 '10k-toshis' might be a more feasible block value...again theoretically. But not my coin and I can't complain as I'm doing well. Many POS coins fail because there is no incentive to keep coins staking and to keep the network secure. This upsets the supply-demand equation by people dumping what they have. 10K is doing a superb job in this space as it is incentivising people to stake. For now all is cool. If it ever becomes a big problem there is a plan B as the dev said. It is therefore important to get to wide spread adoption before a big problem occurs.
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Laamadeus
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February 05, 2015, 03:27:36 PM |
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Wow. Transaction was fast. Just made an withdraw from bittrex to my wallet, 15 seconds and coins are added to my balance
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mtwelve
Legendary
Offline
Activity: 1330
Merit: 1009
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February 05, 2015, 03:42:07 PM |
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I love hovering my mouse and just watching it go to 0-6 in like 2 minutes haha
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YoBit
Legendary
Offline
Activity: 1007
Merit: 1010
★YoBit.Net★
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February 05, 2015, 04:43:28 PM |
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Framauro
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February 05, 2015, 05:06:30 PM |
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Wow. Transaction was fast. Just made an withdraw from bittrex to my wallet, 15 seconds and coins are added to my balance I did a witdrawal at c-cex, didn't got the confirm mail. Made a ticket and waiting without response for almost 30 hours, so no staking for me!
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timmyd
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February 05, 2015, 05:17:01 PM |
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ccex will be staking on ur behalf probally
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Youghoor
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February 05, 2015, 05:18:57 PM |
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Wow. Transaction was fast. Just made an withdraw from bittrex to my wallet, 15 seconds and coins are added to my balance I did a witdrawal at c-cex, didn't got the confirm mail. Made a ticket and waiting without response for almost 30 hours, so no staking for me! May be create a new ticket.
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Framauro
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February 05, 2015, 05:23:16 PM |
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Wow. Transaction was fast. Just made an withdraw from bittrex to my wallet, 15 seconds and coins are added to my balance I did a witdrawal at c-cex, didn't got the confirm mail. Made a ticket and waiting without response for almost 30 hours, so no staking for me! May be create a new ticket. Good idea, i made a new ticket, let's see how long this will take thanks
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shimlbit
Legendary
Offline
Activity: 1302
Merit: 1001
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February 05, 2015, 05:46:33 PM |
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158 blocks to go
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zeus.miner
Newbie
Offline
Activity: 16
Merit: 0
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February 05, 2015, 05:48:33 PM |
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Hi dev
What max coin age is now ? 16 days
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shimlbit
Legendary
Offline
Activity: 1302
Merit: 1001
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February 05, 2015, 06:09:25 PM |
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pow over
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forbesmining
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February 05, 2015, 06:09:52 PM |
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PoW over, time to pump it up, by which I mean stake hard
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HammyCoin
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February 05, 2015, 06:13:02 PM |
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The dev released a coin to test some insane staking parameters for his own research, it's money-grubbing traders like myself who strip mine everything that comes out then foist it on the exchanges.
I understand being suspicious because coin devs are often paid off by manipulators, however I have seen no evidence that is the case for MMXIV or BALLS, and I've spent a solid chunk of time the past few weeks researching Spots and his coins.
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shimlbit
Legendary
Offline
Activity: 1302
Merit: 1001
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February 05, 2015, 07:18:09 PM |
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dumps incoming...miners dump their coins now...
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