[ANN] INFINITECOIN - UPDATE TO 1.8.8 visit INFINITECOIN.COM - page 44.

lijian2019

copper member

Activity: 445

Merit: 4

Quote from: msy2008 on June 14, 2020, 09:32:52 AM

Quote from: rubinas9 on June 13, 2020, 11:18:06 PM

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

I have said enough
If you must go back to the block reward 7 years ago, I have no way

Now we dont like to brag but it credit is where its due we work hard and nobody really sees hard work until the facts are out!

msy2008

copper member

Activity: 763

Merit: 110

Quote from: rubinas9 on June 13, 2020, 11:18:06 PM

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

I have said enough
If you must go back to the block reward 7 years ago, I have no way

lijian2019

copper member

Activity: 445

Merit: 4

1 satoshi=0.00000001BTC
0.60 satoshi=?
Now IFC=0.60 satoshi
Although it has been born for 7 years, it is older than dogecoin
But investors around the world have not yet discovered its existence
It's infinitecoin

lijian2019

copper member

Activity: 445

Merit: 4

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

rubinas9

newbie

Activity: 41

Merit: 0

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

deojhhu

newbie

Activity: 120

Merit: 0

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

msy2008

copper member

Activity: 763

Merit: 110

Quote from: rubinas9 on June 13, 2020, 02:39:48 PM

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 anymore
There 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

rubinas9

newbie

Activity: 41

Merit: 0

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...

msy2008

copper member

Activity: 763

Merit: 110

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

msy2008

copper member

Activity: 763

Merit: 110

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

lijian2019

copper member

Activity: 445

Merit: 4

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

msy2008

copper member

Activity: 763

Merit: 110

Quote from: rubinas9 on June 13, 2020, 09:53:49 AM

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 524288
Every 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

rubinas9

newbie

Activity: 41

Merit: 0

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?

lijian2019

copper member

Activity: 445

Merit: 4

Quote from: Fallenkeith75 on June 11, 2020, 11:03:46 PM

Quote from: lijian2019 on June 11, 2020, 10:45:05 PM

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". Cheesy

Why can't Infinitecoin become gold one day? Cheesy

The Chinese community is building gold value for infinitecoin. In the near future, it will realize what you said. As you wish, I wish you a good mood every day!!

msy2008

copper member

Activity: 763

Merit: 110

Quote from: rubinas9 on June 13, 2020, 12:08:55 AM

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 rewards
infinitecoin 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

rubinas9

newbie

Activity: 41

Merit: 0

Just wondering why majority of solved blocks are 0.0 value? Is it a lottery? What is real reward?

msy2008

copper member

Activity: 763

Merit: 110

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

Fallenkeith75

member

Activity: 242

Merit: 10

Hi Crypto Friends :)

Quote from: lijian2019 on June 11, 2020, 10:45:05 PM

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". Cheesy

Why can't Infinitecoin become gold one day? Cheesy

lijian2019

copper member

Activity: 445

Merit: 4

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". Cheesy

LOVE999

newbie

Activity: 64

Merit: 0

Quote from: lijian2019 on June 06, 2020, 06:45:52 AM

Infinitecoin currency trading volume is getting better and better, build a good start!!Clapping hands signThumbs upClapping hands signThumbs up Cheesy

http://m.qpic.cn/psc?/V13m2tIu00gike/2u1lLKz1aykDtRBqWOUT3Of4y2MsLTd6ObojgCscE2cNu.8pOt6WlZ560HuxQe43zOHJAxMeBc7J5Ec5.*ZR0A!!/b&bo=nwMBAgAAAAARB68!&rf=viewer_4

It's great. It's getting stronger

Topic: [ANN] INFINITECOIN - UPDATE TO 1.8.8 visit INFINITECOIN.COM - page 44. (Read 155206 times)