and I'd like some explanation about the payout graph
Topic: ⛏ Alexandrite (ALEX) | Hybrid | 50% PoS | Low Supply | Low Inflation | ⛏ - page 19. (Read 44066 times)
February 21, 2017, 02:12:10 AM
need more information.. any papers?
and I'd like some explanation about the payout graph
and I'd like some explanation about the payout graph
February 21, 2017, 12:45:51 AM
One thing missing from the coin specifications... how long do coins take to mature and start staking?
The minimum stake age is 24 hours.
February 21, 2017, 12:27:05 AM
Pretty big premine http://alex.coolindark.com/block/00000000db32e66bf0e4be70ca01889bc2a0271c97fc66b62c6cde60e56385f8 62200 coins
About 1 coin per block we need 62200 blocks to even your premine - about 2 months of mining !
About 1 coin per block we need 62200 blocks to even your premine - about 2 months of mining !
Small premine compared to most. Worth mining IMO
Might be small compared to most, but that's still 62000 coins that have now been split up into smaller chunks at different addresses and will be gaining 50% interest in the first year and 20% in the second year, the same as the regular miners, which makes it effectively much more than a 4.9% premine.
A small premine might be acceptable to some, but why not do it fairly? Instead of premining a lump sum percentage of the total coins, why not have 4.9% of each generated block automatically rewarded to the dev's address. Developers get their fair share for the work they put in and have more incentive to create a longer lasting, quality product rather than some crappy knockoff, and miners and traders can have some confidence that the developer isn't just going to dump their pile of coins as soon as the price suits them.
One thing missing from the coin specifications... how long do coins take to mature and start staking?
February 21, 2017, 12:20:41 AM
So is this windows wallet alright to download or is it a virus? I just wanna know before I attempt to download the wallet Cheers
Cheershttps://www.virustotal.com/en/file/219938d51bacf88822f44365e600fcbab157d4b579a45a509e450e00035de4f0/analysis/
pretty much clean, only one small antivirus says "ASD.Reputation.C832130", I did not find any info of it in the web. Usually "reputation" does not mean much. Also big antivirus did not detect anything, so I am not worried.
February 21, 2017, 12:07:45 AM
Pretty big premine http://alex.coolindark.com/block/00000000db32e66bf0e4be70ca01889bc2a0271c97fc66b62c6cde60e56385f8 62200 coins
About 1 coin per block we need 62200 blocks to even your premine - about 2 months of mining !
About 1 coin per block we need 62200 blocks to even your premine - about 2 months of mining !
Small premine compared to most. Worth mining IMO
February 20, 2017, 09:58:10 PM
Pretty big premine http://alex.coolindark.com/block/00000000db32e66bf0e4be70ca01889bc2a0271c97fc66b62c6cde60e56385f8 62200 coins
About 1 coin per block we need 62200 blocks to even your premine - about 2 months of mining !
About 1 coin per block we need 62200 blocks to even your premine - about 2 months of mining !
February 20, 2017, 08:37:31 PM
I want to buy if someone wants to sell. send me a message
February 20, 2017, 05:44:49 PM
Time for some exchange.
and make some money, money, money.... how much could this be worth per 1 token?
I guess somewhere between a tid and a tad, but definitely more than a snap but most definitely less than a snip. That would be roughly 1 token's worth.
That is my valued view of the value of coin values.
this will be probably get listed first in yobit. it's the place to be for such price..
February 20, 2017, 05:44:29 PM
Awesome thank you. What command should I use to compile? Thanks
Seriously?
Ok go into ~/alexandrite/src and execute "make -f makefile.unix" assuming again you are on Linux.
EDIT: Just checking... did you install the required libraries beforehand?
Thank You. Got it compiling now.
February 20, 2017, 05:44:05 PM
So is this windows wallet alright to download or is it a virus? I just wanna know before I attempt to download the wallet Cheers
Cheers February 20, 2017, 05:40:08 PM
Who has the wallet on the windows?
February 20, 2017, 05:36:28 PM
Time for some exchange.
and make some money, money, money.... how much could this be worth per 1 token?
I guess somewhere between a tid and a tad, but definitely more than a snap but most definitely less than a snip. That would be roughly 1 token's worth.
That is my valued view of the value of coin values.
February 20, 2017, 05:09:31 PM
Interesting project. Good Luck!
February 20, 2017, 05:29:50 PM
Time for some exchange.
and make some money, money, money.... how much could this be worth per 1 token?
February 20, 2017, 05:22:52 PM
Awesome thank you. What command should I use to compile? Thanks
Seriously?
Ok go into ~/alexandrite/src and execute "make -f makefile.unix" assuming again you are on Linux.
EDIT: Just checking... did you install the required libraries beforehand?
February 20, 2017, 05:12:45 PM
Awesome thank you. What command should I use to compile? Thanks
February 20, 2017, 05:09:45 PM
Anyone know the trick to compiling? I seem to get errors not matter which way I try to compile it. Thanks
I am going to assume your source code is in ~/alexandrite and that you are struggling with Linux compile.
Execute the following commands, replacing the ~/alexandrite with where your source is.
mkdir ~/alexandrite/src/obj
mkdir ~/alexandrite/src/obj/zerocoin
chmod +x ~/alexandrite/src/leveldb/build_detect_platform
Then try to recompile.
February 20, 2017, 04:39:35 PM
Anyone know the trick to compiling? I seem to get errors not matter which way I try to compile it. Thanks
February 20, 2017, 04:21:55 PM
if you check the code, the payout is according to formula: exp(-c*[height/1000]) and c = log5/1000.
in order to avoid too many digits, the dev rounded it to 2 decimals after the point, so you don't get 0.9933286326, but 0.99. This way, the payout will stay at 0.99 for several 1000s, due to the roundups.
according to my computation:
Block Payout
1000 0.99
2000 0.99
3000 0.99
4000 0.99
5000 0.99
6000 0.99
7000 0.98
...
13000 0.97
...
19000 0.96
etc
hope this clarifies your question.
It does, I should have checked the code a little more and did the math.. My Bad
However the Dev should add this info to the OP as the roundup changes the actual reward. as it reads now it's as if it changes every 1000 blocks
but with the roundup it's more like every 6000 blocks, it's a bit deceiving.
February 20, 2017, 02:13:03 PM
So it's not adjusted every 1000 blocks like it said in the OP quoted below.
The reason I'm asking is I want to see it readjust again so we know it's working properly.
as of now it's not doing what the OP says
Alexandrite - ALEX
- PoW/PoS
- PoW algo: SHA256
- 100 sec for both PoW and PoS block target time
- difficulty retarget each block
- 6 transaction confirmations
- 80 minted block confirmations
- Initial PoW payout will be 1 coin per block.
- Block payout will be adjusted every 1000 blocks, according to the formula.
- Minimum PoW payout will be 0.01 coin/block (will be reached at about 9.07 years).
- Variable PoS payout
1st year 50%
2nd year 20%
3rd year 8%
subsequent years = 3%
- Total coins generated within 10 years are about 1,268,000.
- 4.9% premine for dev support.
Ports:
Conn: 19530
RPC: 19531
payout = exp(-c*[height/1000]) coins
with c = log5/1000 = 0.00160944
payout = 1 coin at first 1000 blocks,
payout will be 0.2 coin at 1,000,000 blocks
payout will be 0.01 coin at 2,861,000 blocks
[/b]
if you check the code, the payout is according to formula: exp(-c*[height/1000]) and c = log5/1000.
in order to avoid too many digits, the dev rounded it to 2 decimals after the point, so you don't get 0.9933286326, but 0.99. This way, the payout will stay at 0.99 for several 1000s, due to the roundups.
according to my computation:
Block Payout
1000 0.99
2000 0.99
3000 0.99
4000 0.99
5000 0.99
6000 0.99
7000 0.98
...
13000 0.97
...
19000 0.96
etc
hope this clarifies your question.
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