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Topic: [ANN] ★★ EBT Coin - Entropybit 100% PoS - Multipool - Bugfix version 4.0.3! ★★ - page 33. (Read 131696 times)

member
Activity: 207
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
And all this time we all thought it was 10% per 90 days Sad
newbie
Activity: 56
Merit: 0
I think this coin has a lot of potential.  Committed dev, relative scarcity, good community.  Now we just need to make the coin even more useful, by creating value.  The flea market is a good start, and as people start being able to use the coins, the value will climb.
sr. member
Activity: 350
Merit: 250
EBT is undervalued at Poloniex.  Its way cheaper to buy now than mine at the current difficulty. 

Very true.  You can buy EBT at about half the price on Poloni as EuropEX.
EBT
sr. member
Activity: 252
Merit: 250
And I have question to devs.
I've got transactions each 10k, with POS it should bring me 1k every 90 days. But it gives me ~40 EBT for every 10000. It's not what expected.

The APR is effectively set at 5% with very little variance. To maximize your rate, you will need to have your wallet open for minting all of the time. So, a 10k input will generate about 125 every 90 days, maximum.
My math say me, that even 5% from 10000 is 500, not 125.

The APR (annual percentage rate) is capped at 5%. For 90 days, the cap is 5% * 90 / 365, or roughy 1.25%.

Remember, this is the cap. You will probably do worse on average. However, the same rules apply to everyone, so no one is getting a better maximum APR than you.

You should update the top post on this. Otherwise I was just about to dump my coins on account of too high inflation.
I think so too. It just ridiculous, that OP says wrong things. Real 5% per year interest instead 10% per 90 days, as OP says.

The OP example is now updated to reflect the real APR of 5%. It looks like whoever authored it originally simply copied an easy example from the internet and changed the units to EBT without checking the math. I hope this clears things up!
EBT
sr. member
Activity: 252
Merit: 250
Quote from: EBT
Critical Bug Fix: Please update your wallet to 2.0.1.2!!

Code:
git pull https://github.com/EBTCoin/EBT
From https://github.com/EBTCoin/EBT
 * branch            HEAD       -> FETCH_HEAD
Already up-to-date.

Please see the above post and the OP. The working repository is now https://github.com/argakiig/EBT
full member
Activity: 147
Merit: 100
EBT is undervalued at Poloniex.  Its way cheaper to buy now than mine at the current difficulty. 
hero member
Activity: 686
Merit: 500
Quote from: EBT
Critical Bug Fix: Please update your wallet to 2.0.1.2!!

Code:
git pull https://github.com/EBTCoin/EBT
From https://github.com/EBTCoin/EBT
 * branch            HEAD       -> FETCH_HEAD
Already up-to-date.
full member
Activity: 308
Merit: 100
And I have question to devs.
I've got transactions each 10k, with POS it should bring me 1k every 90 days. But it gives me ~40 EBT for every 10000. It's not what expected.

The APR is effectively set at 5% with very little variance. To maximize your rate, you will need to have your wallet open for minting all of the time. So, a 10k input will generate about 125 every 90 days, maximum.
My math say me, that even 5% from 10000 is 500, not 125.

The APR (annual percentage rate) is capped at 5%. For 90 days, the cap is 5% * 90 / 365, or roughy 1.25%.

Remember, this is the cap. You will probably do worse on average. However, the same rules apply to everyone, so no one is getting a better maximum APR than you.

You should update the top post on this. Otherwise I was just about to dump my coins on account of too high inflation.
I think so too. It just ridiculous, that OP says wrong things. Real 5% per year interest instead 10% per 90 days, as OP says.
hero member
Activity: 686
Merit: 500
And I have question to devs.
I've got transactions each 10k, with POS it should bring me 1k every 90 days. But it gives me ~40 EBT for every 10000. It's not what expected.

The APR is effectively set at 5% with very little variance. To maximize your rate, you will need to have your wallet open for minting all of the time. So, a 10k input will generate about 125 every 90 days, maximum.
My math say me, that even 5% from 10000 is 500, not 125.

The APR (annual percentage rate) is capped at 5%. For 90 days, the cap is 5% * 90 / 365, or roughy 1.25%.

Remember, this is the cap. You will probably do worse on average. However, the same rules apply to everyone, so no one is getting a better maximum APR than you.

You should update the top post on this. Otherwise I was just about to dump my coins on account of too high inflation.
EBT
sr. member
Activity: 252
Merit: 250
And I have question to devs.
I've got transactions each 10k, with POS it should bring me 1k every 90 days. But it gives me ~40 EBT for every 10000. It's not what expected.

The APR is effectively set at 5% with very little variance. To maximize your rate, you will need to have your wallet open for minting all of the time. So, a 10k input will generate about 125 every 90 days, maximum.
My math say me, that even 5% from 10000 is 500, not 125.

The APR (annual percentage rate) is capped at 5%. For 90 days, the cap is 5% * 90 / 365, or roughy 1.25%.

Remember, this is the cap. You will probably do worse on average. However, the same rules apply to everyone, so no one is getting a better maximum APR than you.
member
Activity: 207
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
I also see that, I have coins for 2.5 months in the wallet and wallet open 24/7 and saw only 2x 0.4%, it's hard to believe that I will get 9% in 2 weeks Cheesy
full member
Activity: 308
Merit: 100
And I have question to devs.
I've got transactions each 10k, with POS it should bring me 1k every 90 days. But it gives me ~40 EBT for every 10000. It's not what expected.

The APR is effectively set at 5% with very little variance. To maximize your rate, you will need to have your wallet open for minting all of the time. So, a 10k input will generate about 125 every 90 days, maximum.
My math say me, that even 5% from 10000 is 500, not 125.
member
Activity: 207
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
The report for getblocktemplate is in error and is referencing the premine. What you see is not going to affect the mining payout, which is hard-coded by block number:
We'll fix the getblocktemplate report, which is inconsequential, in the next release.

I know it doens't affect the block reward, but I need to do a *100 everytime checking the current block reward. Thanks for fixing that in the next release.
EBT
sr. member
Activity: 252
Merit: 250
so many issues with POS coins

Make a transaction with EBT and see how fast it is broadcast and confirms.

Let us know what you find. But please include transaction IDs.

Thanks for your help to make EBT better!
EBT
sr. member
Activity: 252
Merit: 250

Thanks.

coinbasevalue reported by getblocktemplate is still off by 100x


The report for getblocktemplate is in error and is referencing the premine.
It's actually not in error: https://bitcointalksearch.org/topic/m.6535833. What you see is not going to affect the mining payout, which is hard-coded by block number:

Code:
int64 GetProofOfWorkReward(unsigned int nHeight)
{
        int64 nSubsidy = 0;

        if (nHeight < 2)
            nSubsidy = 2500000 * COIN;
        else if (nHeight < 100000)
            nSubsidy = 1000 * COIN;
        else if (nHeight < 200000)
            nSubsidy = 500 * COIN;
        else if (nHeight < 300000)
            nSubsidy = 250 * COIN;
        else if (nHeight < 400000)
            nSubsidy = 125 * COIN;
        else if (nHeight < 500000)
            nSubsidy = 62.5 *COIN;
        else if (nHeight < 600000)
            nSubsidy = 32.25 *COIN;
        else if (nHeight < 700000)
            nSubsidy = 15.625 * COIN;
        else if (nHeight < 800000)
            nSubsidy = 7.8125 * COIN;
        else if (nHeight < 900000)
            nSubsidy = 3.90625 * COIN;
        else if (nHeight < 1000000)
            nSubsidy = 1.953125 * COIN;
        else if (nHeight < 1100000)
            nSubsidy = 1 * COIN;

        return nSubsidy;
}

We'll fix the getblocktemplate report, which is inconsequential, in the next release. There is no need to fix getblocktemplate.
member
Activity: 98
Merit: 10
member
Activity: 207
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Thanks.

coinbasevalue reported by getblocktemplate is still off by 100x

Code:
{
"version" : 4,
"previousblockhash" : "f39476432194bd68793bda09540c85a512411125712cbede0a3fec5ca8d2ef3d",
"transactions" : [
],
"coinbaseaux" : {
"flags" : "062f503253482f"
},
"coinbasevalue" : 250000000,
"target" : "00000001da450000000000000000000000000000000000000000000000000000",
"mintime" : 1398841404,
"mutable" : [
"time",
"transactions",
"prevblock"
],
"noncerange" : "00000000ffffffff",
"sigoplimit" : 20000,
"sizelimit" : 1000000,
"curtime" : 1398841501,
"bits" : "1d01da45",
"height" : 267731
}
EBT
sr. member
Activity: 252
Merit: 250
And I have question to devs.
I've got transactions each 10k, with POS it should bring me 1k every 90 days. But it gives me ~40 EBT for every 10000. It's not what expected.

The APR is effectively set at 5% with very little variance. To maximize your rate, you will need to have your wallet open for minting all of the time. So, a 10k input will generate about 125 every 90 days, maximum.
full member
Activity: 308
Merit: 100
And I have question to devs.
I've got transactions each 10k, with POS it should bring me 1k every 90 days. But it gives me ~40 EBT for every 10000. It's not what expected.
full member
Activity: 308
Merit: 100
I don't really know, who dump it at this price, really. I'm early adopter, but diff were the same all the time. So the normal (not good, just normal) price for selling is about 100, and it was so, when it started trading. And then everybody started do that thing: "hmm, low diff, hi price. i'll start to mine it. oh, no, price drops. i'll dump my 1000 EBT too. and go away". Fk it. Still holding 1,5M till... till I don't know. I just like it's launch, it's community and devs.
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