Topic: [ANN] 10k Coin | Now with 10% PoS and 10000% Superblocks | 10k/MMXIV Market OPEN - page 92. (Read 186734 times)
March 08, 2015, 11:58:00 PM
Price holding
March 08, 2015, 11:54:05 PM
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
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
Forums mess up formatting a bit, but the Stake Reward Structure in its entirety is as follows:
You have until block 360,000 to update, but I highly suggest doing so immediately
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;
}
}
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
As I am not very clever with wallets, should I download the new wallet, open roaming folder, resync blockchain and open new wallet? Or do i need to do anything else? I got nearly 300k and I don't wanna bugger it up lol.
sr. member
Activity: 316
Merit: 250
Crypterium - Digital Mobile Cryptobank For Everyon
March 08, 2015, 11:30:20 PM
so basically just download the wallet and open it.. thats it?
Yep and wait until block 360,000
thanks
March 08, 2015, 11:29:46 PM
so basically just download the wallet and open it.. thats it?
Yep and wait until block 360,000
sr. member
Activity: 316
Merit: 250
Crypterium - Digital Mobile Cryptobank For Everyon
March 08, 2015, 11:17:31 PM
so basically just download the wallet and open it.. thats it?
March 08, 2015, 10:10:11 PM
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..
March 08, 2015, 09:55:05 PM
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
March 08, 2015, 09:04:12 PM
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
March 08, 2015, 09:02:33 PM
lol i bought this at 8k sats, worst buy ever
lol worst fud ever
March 08, 2015, 08:37:50 PM
lol i bought this at 8k sats, worst buy ever
March 08, 2015, 08:32:29 PM
Hey look at that...wallet finally hit 1M+. I think I'll sit on these for a while, see you guys later
Good timing
March 08, 2015, 07:21:45 PM
Hey look at that...wallet finally hit 1M+. I think I'll sit on these for a while, see you guys later
March 08, 2015, 06:04:13 PM
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%
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://bitcointalksearch.org/topic/m.10606254
Thanks IG
all that together look preety nice
March 08, 2015, 05:26:01 PM
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.
March 08, 2015, 05:21:38 PM
The coin is not even 6 weeks old and already having problems?
lol what problems? the coin works great and is even better mow
March 08, 2015, 05:08:56 PM
So smaller inputs that hold greater age would be wise?
March 08, 2015, 05:01:46 PM
The coin is not even 6 weeks old and already having problems?
March 08, 2015, 04:59:36 PM
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
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
Forums mess up formatting a bit, but the Stake Reward Structure in its entirety is as follows:
You have until block 360,000 to update, but I highly suggest doing so immediately
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;
}
}
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
March 08, 2015, 04:45:15 PM
All GorillaStake servers have been upgraded, restarted, and updated to Version 2.0.2 for 10k
March 08, 2015, 04:21:36 PM
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%
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://bitcointalksearch.org/topic/m.10606254
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