Yeah, to be honest it did seem that the coin supply was growing unusually quickly for only 23% a year. I pretty much just chalked it up to compound interest and never gave it a second thought.
Not a big deal though, in my opinion. Everyone who has been staking the past year has been staking at the same (unintentionally) high rate. Everyone's share of coins has remained proportionally the same, regardless of whether the interest was 23% or 230%.
You can fix it and drop the interest down to 23% or leave it as is. Up to you.
And I don't think anyone here is going to object to you putting the premine to use. That's what it was there for.
Topic: [ANN] PlatinumBAR XPTX - Rare Cryptocurrency with PoW / PoS (230%) - page 30. (Read 79737 times)
March 27, 2017, 02:52:39 PM
March 27, 2017, 02:50:06 PM
Looks like it might be 230%
The other developer who has since left, did the initial release.
Code:
static const int64_t COIN_YEAR_REWARD = 230 * CENT; // 23% per year Proof of Stake inflation
The other developer who has since left, did the initial release.
Lol, and we don't know this since start! That can change alot, what you think, stay like that? But now you need to advertise people about those 230%
March 27, 2017, 02:45:13 PM
Looks like it might be 230%
The other developer who has since left, did the initial release.
Code:
static const int64_t COIN_YEAR_REWARD = 230 * CENT; // 23% per year Proof of Stake inflation
The other developer who has since left, did the initial release.
March 27, 2017, 02:26:26 PM
You don't stake about 9 months, 4700 X 207%= 9729 coins, we are more near about what you stake....
March 27, 2017, 02:21:05 PM
Per Year.
Per year? how it's possible you stake 9460 coins if it's 23% per year? 4700 x 23 %= max 1081 coins, i believe it's 23% per month!
And if it this, is good, many people like High PoS coin
March 27, 2017, 01:49:42 PM
Per Year.
March 26, 2017, 10:11:45 PM
Staking is 23% Interest per month?
March 26, 2017, 12:31:21 AM
We just picked up a part-time developer.
We're working on the next steps.
More information will be released soon.
We're working on the next steps.
More information will be released soon.
March 26, 2017, 12:15:47 AM
The project start at April 23, 2016.And now it is a year past.Something good news to bump?
March 26, 2017, 12:09:47 AM
what exactly are you trying to work on ?
March 25, 2017, 07:05:55 PM
As promised, I haven't staked any of the premine to date which has been almost 1 year (11 months).
Since I'm bringing on another developer additional funds will be needed. At this point, I feel it's time to stake those coins. All records are kept in the block explorer as to the amount of coins in the development fund.
In addition, I've spent a lot of money out of my own pocket for this project. I'd like to recover some of that money via the development fund at some point in the future.
Since I'm bringing on another developer additional funds will be needed. At this point, I feel it's time to stake those coins. All records are kept in the block explorer as to the amount of coins in the development fund.
In addition, I've spent a lot of money out of my own pocket for this project. I'd like to recover some of that money via the development fund at some point in the future.
March 20, 2017, 03:06:58 PM
Looks like some Insiders are buying today.
So how many Developer are involved now in this Project?
When can we expect a Roadmap?
So how many Developer are involved now in this Project?
When can we expect a Roadmap?
Buying happens on and off on Yobit. .4 BTC volume is hardly that much volume.
Currently, there is 1 developer. As stated previously, I'm working to bring some other developers on-board.
As stated in the OP, there is no roadmap. When something is ready, I will ANN it.
March 20, 2017, 09:37:16 AM
Looks like some Insiders are buying today.
So how many Developer are involved now in this Project?
When can we expect a Roadmap?
So how many Developer are involved now in this Project?
When can we expect a Roadmap?
March 04, 2017, 10:56:40 AM
That's actually the second coin I've seen with our Roadmap info.
https://bitcointalksearch.org/topic/m.17614545
Maybe we've started a trend!
And no it's not me launching other coins. And if I did, which I'm not, I wouldn't copy the roadmap from XPTX verbatim.
Sorry, didn't mean to spread FUD but I'm sure you understand that around here it is prudent to assume the worst and consider everything a scam until proven otherwise.
I just checked out the GLTC thread and it is obvious the "dev" of that coin doesn't speak English very well. If I didn't speak English and was attempting to dump a bunch of shitcoins, I'd find an obscure alt-coin with an ANN written by a native English speaker and copy/paste it as well.
Hope you caught some of those dumps on yobit. If you want to buy more XPTX, just say the word and I'll FUD it much worse next time.
No worries. I totally understand. Not sure why they picked XPTX to pull info from.
XPTX is my only project. I spend my own personal money each month keeping all the services up (multiple nodes, website, explorer). I'm on bitcointalk most of the time and I'm not going anywhere. Do I wish the price was higher? Yes.
Once I hammer out details with the other developers I've been speaking to about joining the team the progress should move faster.
Just hold tight and keep staking.
March 04, 2017, 08:38:58 AM
That's actually the second coin I've seen with our Roadmap info.
https://bitcointalksearch.org/topic/m.17614545
Maybe we've started a trend!
And no it's not me launching other coins. And if I did, which I'm not, I wouldn't copy the roadmap from XPTX verbatim.
Sorry, didn't mean to spread FUD but I'm sure you understand that around here it is prudent to assume the worst and consider everything a scam until proven otherwise.
I just checked out the GLTC thread and it is obvious the "dev" of that coin doesn't speak English very well. If I didn't speak English and was attempting to dump a bunch of shitcoins, I'd find an obscure alt-coin with an ANN written by a native English speaker and copy/paste it as well.
Hope you caught some of those dumps on yobit. If you want to buy more XPTX, just say the word and I'll FUD it much worse next time.
February 28, 2017, 07:02:18 PM
That's actually the second coin I've seen with our Roadmap info.
https://bitcointalksearch.org/topic/m.17614545
Maybe we've started a trend!
And no it's not me launching other coins. And if I did, which I'm not, I wouldn't copy the roadmap from XPTX verbatim.
February 28, 2017, 02:03:35 PM
February 14, 2017, 11:43:57 AM
Excellent! I guess I can forgive Yobit for the downtime, to be fair they were very busy this week adding new innovative high-quality quality coins like Smurfcoin and LEPEN. 
LOL!
No rush now that Yobit is back up, but I may donate sometime down the road if it is deemed necessary. I'm guessing they are asking for 1,000,000 DOT to get listed?
Yes, it's 1M DOT to add the coin. https://www.cryptopia.co.nz/Paytopia
If the price of DOT drops I'll try to pick a few up.
February 14, 2017, 09:53:59 AM
Wallet is back online at Yobit.
Excellent! I guess I can forgive Yobit for the downtime, to be fair they were very busy this week adding new innovative high-quality quality coins like Smurfcoin and LEPEN.
Have to wait to add to Cryptopia. They use DOT and to buy the amount of DOT needed it would cost .4 BTC to add the coin. Running all the nodes and website is already setting me back money. If anyone wants to donate DOT to add XPTX to Cryptopia, let me know.
No rush now that Yobit is back up, but I may donate sometime down the road if it is deemed necessary. I'm guessing they are asking for 1,000,000 DOT to get listed?
February 13, 2017, 01:35:10 PM
Wallet is back online at Yobit.
Have to wait to add to Cryptopia. They use DOT and to buy the amount of DOT needed it would cost .4 BTC to add the coin. Running all the nodes and website is already setting me back money. If anyone wants to donate DOT to add XPTX to Cryptopia, let me know.
Have to wait to add to Cryptopia. They use DOT and to buy the amount of DOT needed it would cost .4 BTC to add the coin. Running all the nodes and website is already setting me back money. If anyone wants to donate DOT to add XPTX to Cryptopia, let me know.
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