[ANN] GOBYTE [GBX] - Masternodes, PoW, Secure, ASIC Resistance, GoByte Pay - page 61.

CoinStalker

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Quote from: gobyte on January 01, 2018, 01:55:06 PM

Hello @everyone and a Happy Nee Year. Just wanted to inform you about our new airdrop. Write a tweet about GoByte and post it on your Twitter, then, gather as many retweets as possible. The top 5 users will receive 10 GBX and the rest until 10 will receive 7 GBX. Rules: * Your tweet has to have @gobytenewtork tag. * Your tweet has to have $GBX and #GBX tags. * Retweets from bots or users with less than 50 followers are not taken in consideration. * To participate into this airdrop please complete the following Google Form: https://docs.google.com/forms/d/1uqIyM0IIwDXEnJ5pXcb2hicowuerLnybscNQegOCzdg * The airdrop will end on 15 of January. From there, we will reserve 3 days to check every single participant, then announce the winner. Thanks. #GBX

Antonio Moratti, GoByte CoFounder.

Good news mate..

bitChipper

sr. member

Activity: 896

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This project has potential, looking at it from the big picture i feel like its in a foundation phase.

11 commits on their github, i dont really know if this is alot or if its little, im not a developer.

But they have a working windows, linux and mac wallet windows 32 and 64bit

working on web wallet and mobile wallet, whitepaper is in the works which could "possibly" lead to a bittrex listing

There is a nice community in discord and ~6-8 developers, also planned to get listed on whattomine.

With all that said I feel like this is good project to support, always dont invest more than your willing to lose

gobyte

member

Activity: 527

Merit: 13

Hello @everyone and a Happy Nee Year. Just wanted to inform you about our new airdrop. Write a tweet about GoByte and post it on your Twitter, then, gather as many retweets as possible. The top 5 users will receive 10 GBX and the rest until 10 will receive 7 GBX. Rules: * Your tweet has to have @gobytenewtork tag. * Your tweet has to have $GBX and #GBX tags. * Retweets from bots or users with less than 50 followers are not taken in consideration. * To participate into this airdrop please complete the following Google Form: https://docs.google.com/forms/d/1uqIyM0IIwDXEnJ5pXcb2hicowuerLnybscNQegOCzdg * The airdrop will end on 15 of January. From there, we will reserve 3 days to check every single participant, then announce the winner. Thanks. #GBX

Antonio Moratti, GoByte CoFounder.

gobyte

member

Activity: 527

Merit: 13

Quote from: ghostwalker.ph on January 01, 2018, 10:33:51 AM

i dont know why this coin is overbought so much that it's source code only has 9 commits. seriously? $40??

also, it's design is somewhat similar to (XIOS) a dead project where it's devs pre-mined before release, many idiots fell into the trap and maybe the dev of xios is working out on gobyte. you can check xios' ann thread. it's design on the first post is similar to gobyte. not spreading fud. just my opinion.

Learn to use github maybe?
https://imgur.com/a/ydsio
There are more than 9 commits.
Also, GoByte Pay is developed on servers, private.
Thanks.

kayperwood11

full member

Activity: 364

Merit: 100

Quote from: ghostwalker.ph on January 01, 2018, 10:33:51 AM

i dont know why this coin is overbought so much that it's source code only has 9 commits. seriously? $40??

also, it's design is somewhat similar to (XIOS) a dead project where it's devs pre-mined before release, many idiots fell into the trap and maybe the dev of xios is working out on gobyte. you can check xios' ann thread. it's design on the first post is similar to gobyte. not spreading fud. just my opinion.

Lol, Xios this is not a dead project, fork in 4 days..

ghostwalker.ph

full member

Activity: 322

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i dont know why this coin is overbought so much that it's source code only has 9 commits. seriously? $40??

also, it's design is somewhat similar to (XIOS) a dead project where it's devs pre-mined before release, many idiots fell into the trap and maybe the dev of xios is working out on gobyte. you can check xios' ann thread. it's design on the first post is similar to gobyte. not spreading fud. just my opinion.

gobyte

member

Activity: 527

Merit: 13

Quote from: MarquiseMuseum on December 31, 2017, 08:07:45 PM

1 address has 64% of outstanding supply.

https://altmix.org/coins/16-GoByte

Yes. It's called premine.

MarquiseMuseum

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Activity: 744

Merit: 29

www.MarquiseMuseum.com

1 address has 64% of outstanding supply.

https://altmix.org/coins/16-GoByte

maxim4eg123

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Hi. There are other campaigns that take place ?

gobyte

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Activity: 527

Merit: 13

Quote from: KiparisD on December 30, 2017, 01:18:26 PM

Quote from: gobyte on December 30, 2017, 08:59:22 AM

Quote from: BartoszN1990 on December 30, 2017, 08:05:48 AM

@gobyte

Do u have plan prepare another bounty like signed ot other ? Any update info please

Planning to make one on 31 of Dec. Something to send photos of your rig mining GBX and a Christmas element.

Where it will be, the contest, here or in Discord?

Both. You will have to send the images at [email protected] and we will choose the winners.

dzonikg28

hero member

Activity: 1106

Merit: 508

Bisq Market Day - March 20th 2023

Quote from: gobyte on December 29, 2017, 08:06:38 AM

Quote from: dzonikg28 on December 29, 2017, 08:00:24 AM

Quote from: gobyte on December 29, 2017, 07:22:55 AM

Quote from: olegai on December 29, 2017, 07:03:18 AM

list on bittrex

Planning on Q1 of 2018.

But how do you plan for that? Do you have connections to them or sufficient money to pay the listing fee (which is massive)?

Yes.

Excuse me sir but that answer is completely misleading. Do you have connections to them or are you forced to pay the listing fee? Is that money available?

KiparisD

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Activity: 323

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Quote from: gobyte on December 30, 2017, 08:59:22 AM

Quote from: BartoszN1990 on December 30, 2017, 08:05:48 AM

@gobyte

Do u have plan prepare another bounty like signed ot other ? Any update info please

Planning to make one on 31 of Dec. Something to send photos of your rig mining GBX and a Christmas element.

Where it will be, the contest, here or in Discord?

natan069

full member

Activity: 198

Merit: 100

Quote from: gobyte on December 30, 2017, 08:59:22 AM

Quote from: BartoszN1990 on December 30, 2017, 08:05:48 AM

@gobyte

Do u have plan prepare another bounty like signed ot other ? Any update info please

Planning to make one on 31 of Dec. Something to send photos of your rig mining GBX and a Christmas element.

Nice waiting for more! Grin

The signature campaing was very nice

I also mine too.

gobyte

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Activity: 527

Merit: 13

Quote from: BartoszN1990 on December 30, 2017, 08:05:48 AM

@gobyte

Do u have plan prepare another bounty like signed ot other ? Any update info please

Planning to make one on 31 of Dec. Something to send photos of your rig mining GBX and a Christmas element.

BartoszN1990

full member

Activity: 218

Merit: 100

https://deeponion.org

@gobyte

Do u have plan prepare another bounty like signed ot other ? Any update info please

gobyte

member

Activity: 527

Merit: 13

Quote from: bushstar on December 29, 2017, 09:45:03 AM

Your post says the following.

Block Reward 15 GBX decreasing by 12% every year

In the source code it shows the deflation as...

Code:

    // yearly decline of production by 12% per year, projected 136m coins max by year 2050+.
    for (int i = consensusParams.nSubsidyHalvingInterval; i <= nPrevHeight; i += consensusParams.nSubsidyHalvingInterval) {
        nSubsidy -= nSubsidy/12;
    }

Please correct me if I['m wrong but the above will reduce the subsidy by a 12th of the total subsidy but not by 12% as stated.

For example...

100 / 12 = 8.33 which is a 12th of 100 and not 12% of 100 which would be 12 and not 8.33.

For your subsidy after the first year it works out as...

15 / 12 = 1.25 so subsidy after first year will be 15 - 1.25 = 13.75 coins

To reduce by 12% it should be...

15 * 0.12 = 1.8 so the subsidy according to your info should be 15 - 1.8 = 13.2 coins

The comment is wrong. Is somewhere around 8.33% per year.

CoinMenX

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Activity: 154

Merit: 10

50% for masternode and extant 50% for minner?

bushstar

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Your post says the following.

Block Reward 15 GBX decreasing by 12% every year

In the source code it shows the deflation as...

Code:

    // yearly decline of production by 12% per year, projected 136m coins max by year 2050+.
    for (int i = consensusParams.nSubsidyHalvingInterval; i <= nPrevHeight; i += consensusParams.nSubsidyHalvingInterval) {
        nSubsidy -= nSubsidy/12;
    }

Please correct me if I['m wrong but the above will reduce the subsidy by a 12th of the total subsidy but not by 12% as stated.

For example...

100 / 12 = 8.33 which is a 12th of 100 and not 12% of 100 which would be 12 and not 8.33.

For your subsidy after the first year it works out as...

15 / 12 = 1.25 so subsidy after first year will be 15 - 1.25 = 13.75 coins

To reduce by 12% it should be...

15 * 0.12 = 1.8 so the subsidy according to your info should be 15 - 1.8 = 13.2 coins

CoinStalker

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Activity: 133

Merit: 10

Quote from: gobyte on December 29, 2017, 05:10:13 AM

Quote from: bitChipper on December 28, 2017, 01:30:33 PM

Quote from: the.vlado on December 28, 2017, 12:42:39 PM

Quote from: bitChipper on December 28, 2017, 10:38:53 AM

how can the masternode reward be so high if 80% of the coins are locked in masternodes and its 50% mn 50% pow?

Masternode reward is coming from POW. MN reward has has nothing to do with % of locked coins, that is affecting the price of coin.

Approximated Master node profitability calculation can be made.
• Block time 150 seconds (15 GBX)
• 24 blocks per hour (360 GBX)
• 576 blocks per day (8640 GBX)
• 50% of block reward will go to MN owners (4320 GBX)

Daily 8460 GBX are generated and 50% goes to MN.

All these are approximated values, because block time is not fixed and can vary little bit.

I am hoping that it is now more clear to you how MN reward is generated. Wink

Yes helps a lot thanks, will be watching this coin.

Listed on many exchanges, web wallet under development, android app, solid development plan laid out.

So is yobit and bitZ pending as in a done deal or still in talks?

We declined BitZ offer for now. Focusing on HitBTC.

Good news Developers

HitBtc or Bittrex

gobyte

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