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Topic: [ANN] 42-coin Development Discussion Thread - page 62. (Read 105292 times)

legendary
Activity: 1155
Merit: 1174
https://t.me/laser9un
Six months have passed since the swap began - enough time for everyone to exchange their coins.
During this period there were exchanged 79.44916 (62.76126432 burned, 9.97228062 stuck on Cryptopia, 6.71561506 sold out) old 42 for 39.72458 new 42. 1.27542 new 42 were spent. Currently we have 1 new 42 left. I decide do not swap the last coin but left it for the future development. What do you think? Are there any objections?
legendary
Activity: 1155
Merit: 1174
https://t.me/laser9un
still available this thread??
how can i join??

Yes, this is still valid. But you should understand the rules, especially that only
The first 7 participants who reach the rank Full Supporter will get paid.

You can join as a spare node in order to replace the disqualified user (if any).
legendary
Activity: 1155
Merit: 1174
https://t.me/laser9un
42/BTC, 42/USD and 42/ETH markets now live on LiveCoin.net.
Deposits will be unavailable until ~Tuesday...

Everything is working fine now. Happy trading!
legendary
Activity: 1155
Merit: 1174
https://t.me/laser9un
Please, Support 42 on Novaexchange by your voting (ONE FREE vote every day!):

legendary
Activity: 3262
Merit: 3675
Top Crypto Casino
42/BTC, 42/USD and 42/ETH markets now live on LiveCoin.net.
Deposits will be unavailable until ~Tuesday due to the same hardware issue...  Cry
Information from the exchange:
Quote
This coin is still on testing at our Exchange until the official announcement, you can perform any actions on your own risk.
legendary
Activity: 1155
Merit: 1174
https://t.me/laser9un
Where does it say that? I couldn't find anything in the latest news page.

https://www.livecoin.net/en/news/list

They should make important announcements like hardware issues on the news page.


This is from a private conversation. Due to this issue the exchange was unavailable for 6 hours today (instead of 50-60 minutes).

Hello
Our Exchange is under update. We notify our clients in advance via twitter.
newbie
Activity: 15
Merit: 0
42/BTC, 42/USD and 42/ETH markets now live on LiveCoin.net.
Deposits will be unavailable until ~Tuesday due to the same hardware issue...  Cry

Where does it say that? I couldn't find anything in the latest news page.

https://www.livecoin.net/en/news/list

They should make important announcements like hardware issues on the news page.
legendary
Activity: 1155
Merit: 1174
https://t.me/laser9un
42/BTC, 42/USD and 42/ETH markets now live on LiveCoin.net.
Deposits will be unavailable until ~Tuesday due to the same hardware issue...  Cry
legendary
Activity: 1155
Merit: 1174
https://t.me/laser9un
Is there a reason to invest?

Only if you know the answer to the ultimate question of life, the universe and everything...  Wink
member
Activity: 90
Merit: 10
Is there a reason to invest?
legendary
Activity: 1155
Merit: 1174
https://t.me/laser9un
42/BTC, 42/USD and 42/ETH markets now live on LiveCoin.net. Happy trading!


Thanks to everyone who voted for 42! Total there were 17401 votes (~1.74 btc). Special thanks to Stouse49 (1.22381008 btc / 2 new 42) and panda111 (0.33715 btc).
legendary
Activity: 1155
Merit: 1174
https://t.me/laser9un
Do not forget that you have one free vote on Novaexchange everyday! Current progress is 89/250.
member
Activity: 183
Merit: 12
I only know that the street number of my house is  42! Grin
legendary
Activity: 1155
Merit: 1174
https://t.me/laser9un
legendary
Activity: 1155
Merit: 1174
https://t.me/laser9un
Please, support 42 by your donating or voting:

novaexchange.com: https://novaexchange.com/addcoin - 84/250 votes // Every user gets ONE FREE vote every day!

c-cex.com: https://c-cex.com/?id=vote&coin=42 or send BTC to: 1ECHsT7o3yZTGiCJu8bKeKrzSXkP12zNv7 - total 23 votes
legendary
Activity: 1155
Merit: 1174
https://t.me/laser9un
News from LiveCoin.net. The adding of 42 is delayed until ~Friday due to the hardware issue.

Also, you do not need to vote there anymore.
hero member
Activity: 908
Merit: 503
so there is no reward for staking ?

No:
Specifications
(42-v0.0.8)

PoS reward: 0 coin // makes 42 an extremely rare
Min stake age: 42 hours
Max stake age: Unlimited
PoS target spacing: 7 minutes
...

I see, so basically only the tx fee is removed from the total supply with each new transaction, whatever amount you hold, won't change without moving it.
legendary
Activity: 1155
Merit: 1174
https://t.me/laser9un
so there is no reward for staking ?

No:
Specifications
(42-v0.0.8)

PoS reward: 0 coin // makes 42 an extremely rare
Min stake age: 42 hours
Max stake age: Unlimited
PoS target spacing: 7 minutes
...
hero member
Activity: 908
Merit: 503
I don't get something, PoS and PoW rewards are 0 + tx, so basically just tx fees ? What's the incentive to make people pow mine or stake?

Tx fees is only for PoW miners, it is destroyed in the PoS blocks - that is how deflationary works in 42. Each coin will become more rare and valuable over the time. People are mined to take part in this process and protect their investments.

also how much you need to stake ?

The input is mature and ready to generate the block when the CoinDay is ≥ 1. You can calculate it. For example, the input size 0.04 will be ready to generate the block in 1/0.04=25 days, 0.02 - in 1/0.02=50 days, 0.01 - in 1/0.01=100 days, etc. Minimum stake age is 42 hours, maximum age is not limited.

Also,
You can predict the exact time when each input will find the block with the "scaninput" command. Select from the wallet menu bar: Help - Debug window - Console - type "scaninput" - press "Enter" and follow the instructions. Example:

Code:
scaninput '{"txid":"00c3ecf50748b41b63a8e9931845474c9c1d6daace72bae34e1d71080b54be59", "days":30}'

Code:
[
{
"nout" : 2,
"hash" : "000005cbefc94bfc6851d95fea7f87ee58498ffc64e9973719cc1f19b433df23",
"time" : "2017-02-25 00:02:44 UTC"
},
{
"nout" : 2,
"hash" : "00000c7e8ecc4c94ed9933601ce559071571f3dc8dea8c74136eb74bbcd1e0d3",
"time" : "2017-03-17 11:47:12 UTC"
}
]

so there is no reward for staking ?
legendary
Activity: 1155
Merit: 1174
https://t.me/laser9un
I don't get something, PoS and PoW rewards are 0 + tx, so basically just tx fees ? What's the incentive to make people pow mine or stake?

PoW miners gather tx fees from transactions as a reward because their work is more energy intensive, PoS miners destroy tx fees - create deflation and make the remaining coins more rare and valuable. People mine 42 to take part in this process and protect their investments.

also how much you need to stake ?

The input is mature and ready to generate the block when the CoinDay is ≥ 1. You can calculate it. For example, the input size 0.04 will be ready to generate the block in 1/0.04=25 days, 0.02 - in 1/0.02=50 days, 0.01 - in 1/0.01=100 days, etc. Minimum stake age is 42 hours, maximum age is not limited.

Also,
You can predict the exact time when each input will find the block with the "scaninput" command. Select from the wallet menu bar: Help - Debug window - Console - type "scaninput" - press "Enter" and follow the instructions. Example:

Code:
scaninput '{"txid":"00c3ecf50748b41b63a8e9931845474c9c1d6daace72bae34e1d71080b54be59", "days":30}'

Code:
[
{
"nout" : 2,
"hash" : "000005cbefc94bfc6851d95fea7f87ee58498ffc64e9973719cc1f19b433df23",
"time" : "2017-02-25 00:02:44 UTC"
},
{
"nout" : 2,
"hash" : "00000c7e8ecc4c94ed9933601ce559071571f3dc8dea8c74136eb74bbcd1e0d3",
"time" : "2017-03-17 11:47:12 UTC"
}
]

How to set up the desirable split threshold of inputs, see here.
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