Mining reward is obtained from the handling fee of transfer transaction on the block chain. Mining reward is obtained according to the number of transfers on the block chain. Each transfer handling fee is 0.2% rewarded to miners, with a minimum of 100 IFC and a maximum of 10000 IFC
Topic: [ANN] INFINITECOIN - UPDATE TO 1.8.8 visit INFINITECOIN.COM - page 44. (Read 154957 times)
Mining reward is obtained from the handling fee of transfer transaction on the block chain. Mining reward is obtained according to the number of transfers on the block chain. Each transfer handling fee is 0.2% rewarded to miners, with a minimum of 100 IFC and a maximum of 10000 IFC
Miners need to be certain that they will be rewarded for using their computing power. I did not get an answer what proofs reward certainty for miners, hashrate, shares etc. Solved block reward is 0.0 Using high computing power, solving hundreds of blocks doesn't mean anything. What have to attract miners? It is simple lottery. I am deleting IFC from my pool. Good luck
Infinitecoin can now be traded normally, and infinitecoin has returned to the normal track.
https://coinmarketcap.com/currencies/infinitecoin/
https://www.coingecko.com/en/coins/infinitecoin
https://github.com/WilliamXuu/infinitecoin/releases
https://coinmarketcap.com/currencies/infinitecoin/
https://www.coingecko.com/en/coins/infinitecoin
https://github.com/WilliamXuu/infinitecoin/releases
Today 1.5-3,5GHs was used for IFC mining on my pool (1/3 or 1/2 of network hashrate), hundreds of accepted and confirmed blocks which after 5-6 hours were labeled as orphans. After 8-9 hours miners of my pool were rewarded only 2 times. I am sorry but I see rewarding system as very unfair...
There is no block reward anymoreThere is no problem of unfair reward mechanism
Only someone else can use the wallet to transfer money may compete with the block containing the fee
My p2pool mining pool uses 9900K, about 2GHs
http://amxpool.com:9391/static/
https://chainz.cryptoid.info/ifc/address.dws?iC1jcPivvAFvPNL52FZXsrFeEjzrbo5mGE.htm
The p2pool mining pool of lijian2019 uses 8086K, about 2GHs
http://ifcf2pool.com:9391/static/
https://chainz.cryptoid.info/ifc/address.dws?i3V7c3dJt8gCjywBVY7MMsabjfGzM1yYW1.htm
Today 1.5-3,5GHs was used for IFC mining on my pool (1/3 or 1/2 of network hashrate), hundreds of accepted and confirmed blocks which after 5-6 hours were labeled as orphans. After 8-9 hours miners of my pool were rewarded only 2 times. I am sorry but I see rewarding system as very unfair...
In fact, the height of the genesis block is 0
So 3974400/86400=46
In fact, IFC halved 46 times and the reward is 0
You can calculate how much BTC and LTC are halved 46 times
So 3974400/86400=46
In fact, IFC halved 46 times and the reward is 0
You can calculate how much BTC and LTC are halved 46 times
IFC was born on June 5, 2013
IFC block mechanism is exactly the same as BTC and LTC. They are all fixed cryptocurrencies.
IFC algorithm scrypt total fixed 90.6 billion
IFC is a block of 30 seconds, 24 hours out of 2880
IFC initial block rewards 524288 blocks for each generation of 86,400 blocks (about 30 days)
IFC was born on June 5, 2013. Block height 1
IFC halved for the first time on July 5, 2013, block height 86400
The second halving of IFC was on August 4, 2013. Block height 172800
IFC's last block reward is 0.00000001. The time is March 27, 2018. Block height 3974399
https://chainz.cryptoid.info/ifc/block.dws?509e9adb6a96a04986d1fb853eb91e07fd8914dc7b683d936b84f0437b3e5fd3.htm
IFC has no block rewards since the block height of 3974400
https://chainz.cryptoid.info/ifc/block.dws?8a2c9597de1491f10dab9790ce9d2181f1e7d72a2120a1859a3303fa170b3f0f.htm
IFC block mechanism is exactly the same as BTC and LTC. They are all fixed cryptocurrencies.
IFC algorithm scrypt total fixed 90.6 billion
IFC is a block of 30 seconds, 24 hours out of 2880
IFC initial block rewards 524288 blocks for each generation of 86,400 blocks (about 30 days)
IFC was born on June 5, 2013. Block height 1
IFC halved for the first time on July 5, 2013, block height 86400
The second halving of IFC was on August 4, 2013. Block height 172800
IFC's last block reward is 0.00000001. The time is March 27, 2018. Block height 3974399
https://chainz.cryptoid.info/ifc/block.dws?509e9adb6a96a04986d1fb853eb91e07fd8914dc7b683d936b84f0437b3e5fd3.htm
IFC has no block rewards since the block height of 3974400
https://chainz.cryptoid.info/ifc/block.dws?8a2c9597de1491f10dab9790ce9d2181f1e7d72a2120a1859a3303fa170b3f0f.htm
Infinitecoin is a currency that has been fully listed, and there is no block reward. Mining reward is obtained from the handling fee of transfer transaction on the block chain. Mining reward is obtained according to the number of transfers on the block chain. Each transfer handling fee is 0.2% rewarded to miners, with a minimum of 100 IFC and a maximum of 10000 IFC
I still did not get an answer - what criteria have to be achieved to solve block with reward? Who or what decides which block is going to be rewarded?
Initial block reward 524288Every 86400 blocks generated, the reward is reduced by half
After halving dozens of times, the reward is 0
The last block reward is 0.00000001 coins
I still did not get an answer - what criteria have to be achieved to solve block with reward? Who or what decides which block is going to be rewarded?
In the field of cryptocurrency, there is a popular saying: "bitcoin is gold, litecoin is silver, infinitecoin is copper", which means "bitcoin, litecoin, infinite copper".
Why can't Infinitecoin become gold one day?
Just wondering why majority of solved blocks are 0.0 value? Is it a lottery? What is real reward?
In the future, bitcoin and litecoin will also receive 0 rewardsinfinitecoin and bitcoin and litecoin are open source projects with a fixed amount
infinitecoin just enters full circulation in advance
Bitcoin and litecoin just extend the reward time
Infinitecoin has gone through dozens of block reward halvings and is now completely zero inflation
Before the fee can feed the miners, the community’s faucet needs to cooperate
https://chainz.cryptoid.info/ifc/api.dws?q=circulating
Just wondering why majority of solved blocks are 0.0 value? Is it a lottery? What is real reward?
Infinitecoin block download (block height 6.23 million+)
Block version 1 applies to 0.6 core (1.8xx and 1.9xx version)
https://mega.nz/file/AnwXWL6T#S4pSnmh06egCkLjiMVl2zOQt_2C5IFiDyhxhYsH60MI
Block version 3 applies to 0.8 core (0.8.7.5 version)
https://mega.nz/file/c3YlCKZJ#-HuVCGmFSd2241bl7I8fMX0ygYiA7PnDr1U8g_ReU28
Infinitecoin wallet download
https://github.com/WilliamXuu/infinitecoin/releases
Infinitecoin source code
https://github.com/WilliamXuu/infinitecoin
about block version, you can check Bitcoin
https://twitter.com/msy2008/status/1258402458205851649
Block version 1 applies to 0.6 core (1.8xx and 1.9xx version)
https://mega.nz/file/AnwXWL6T#S4pSnmh06egCkLjiMVl2zOQt_2C5IFiDyhxhYsH60MI
Block version 3 applies to 0.8 core (0.8.7.5 version)
https://mega.nz/file/c3YlCKZJ#-HuVCGmFSd2241bl7I8fMX0ygYiA7PnDr1U8g_ReU28
Infinitecoin wallet download
https://github.com/WilliamXuu/infinitecoin/releases
Infinitecoin source code
https://github.com/WilliamXuu/infinitecoin
about block version, you can check Bitcoin
https://twitter.com/msy2008/status/1258402458205851649
In the field of cryptocurrency, there is a popular saying: "bitcoin is gold, litecoin is silver, infinitecoin is copper", which means "bitcoin, litecoin, infinite copper".
Why can't Infinitecoin become gold one day?
In the field of cryptocurrency, there is a popular saying: "bitcoin is gold, litecoin is silver, infinitecoin is copper", which means "bitcoin, litecoin, infinite copper".
Infinitecoin currency trading volume is getting better and better, build a good start!!Clapping hands signThumbs upClapping hands signThumbs up
http://m.qpic.cn/psc?/V13m2tIu00gike/2u1lLKz1aykDtRBqWOUT3Of4y2MsLTd6ObojgCscE2cNu.8pOt6WlZ560HuxQe43zOHJAxMeBc7J5Ec5.*ZR0A!!/b&bo=nwMBAgAAAAARB68!&rf=viewer_4
Infinitecoin currency, in crex24 exchange, officially stabilized, trading volume is getting better and better, good 
http://m.qpic.cn/psc?/V13m2tIu00gike/T7ZeoLlLvDuhDKIHjjjMLU.QI.o.xKafmkBJPNMz8aZfMFmfzPPNc7i6u74qwDOQqAupcoMyOAxspXwMbUaO5P3*ecNYchO4kb8y65FMFd4!/b&bo=YAHxAAAAAAADF6I!&rf=viewer_4
http://m.qpic.cn/psc?/V13m2tIu00gike/T7ZeoLlLvDuhDKIHjjjMLU.QI.o.xKafmkBJPNMz8aZfMFmfzPPNc7i6u74qwDOQqAupcoMyOAxspXwMbUaO5P3*ecNYchO4kb8y65FMFd4!/b&bo=YAHxAAAAAAADF6I!&rf=viewer_4
just found an old wallet.dat with a few mill so that's a nice day for me now downloading the blockchain lmao
Infinitecoin currency, in crex24 exchange, officially stabilized, trading volume is getting better and better, good
just found an old wallet.dat with a few mill so that's a nice day for me now downloading the blockchain lmao
Infinitecoin currency, in crex24 exchange, officially stabilized, trading volume is getting better and better, good
just found an old wallet.dat with a few mill so that's a nice day for me now downloading the blockchain lmao
About infinitecoin 0.8 core version first synchronization
1 If only one node is connected, it only takes 24 hours to complete synchronization
2 You can try to connect only 1 node as the first synchronization. Usage: connect = IP
3 Trust nodes can be found here https://chainz.cryptoid.info/ifc/#!network
https://twitter.com/msy2008/status/1253356863879512066
Jump to: