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Topic: [ANN] PlatinumBAR XPTX - Rare Cryptocurrency with PoW / PoS (230%) - page 45. (Read 79650 times)

full member
Activity: 182
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
full member
Activity: 182
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
Burned another 500 XPTX for a total of 3000 XPTX.  Details in the OP.

What are burned coins ? Why you did this? What is the benefits?

They destroyed 3,000 of their premine coins. It reduces the total amount and the amount of coins they are holding.



How burned it ? anyone can burned other coin like bitcoins?

Why did they generate those coins then will have to destroy it in future? They could generated 3000 coins lower than total premined.

1. Propably send coins to wallet which does not exsist.
2. They didn't make good math and community don't want to join coin with 30% premine. Block reward is small, Block time is long. If Developer don't burn this coins it's 99% possible that he can manipulate market make dumps and pumps and most important NO EXCHANGE like YouBit or Bittrex for this coin. Now when there is lower total coin supply and smaller premine, with 2,000Mh/s Network it is very very good
3. They could but They didn't


Nice coin putting my power on this for sure! If You need something just tell me Smiley
full member
Activity: 126
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
Burned another 500 XPTX for a total of 3000 XPTX.  Details in the OP.

What are burned coins ? Why you did this? What is the benefits?

They destroyed 3,000 of their premine coins. It reduces the total amount and the amount of coins they are holding.



How burned it ? anyone can burned other coin like bitcoins?

Why did they generate those coins then will have to destroy it in future? They could generated 3000 coins lower than total premined.
legendary
Activity: 1400
Merit: 1000
Burned another 500 XPTX for a total of 3000 XPTX.  Details in the OP.

What are burned coins ? Why you did this? What is the benefits?

They destroyed 3,000 of their premine coins. It reduces the total amount and the amount of coins they are holding.

full member
Activity: 126
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
Burned another 500 XPTX for a total of 3000 XPTX.  Details in the OP.

What are burned coins ? Why you did this? What is the benefits?
sr. member
Activity: 316
Merit: 253
Burned another 500 XPTX for a total of 3000 XPTX.  Details in the OP.
sr. member
Activity: 316
Merit: 253
legendary
Activity: 1421
Merit: 1001
sr. member
Activity: 316
Merit: 253
full member
Activity: 175
Merit: 100
legendary
Activity: 1421
Merit: 1001
legendary
Activity: 1421
Merit: 1001
{
  "hash": "00000034f6635b50d726e0a4ea18b8652c25cf652e699a955428c0ab1f65f68b",
  "confirmations": 10064,
  "size": 174,
  "height": 1,
  "version": 7,
  "merkleroot": "7f8a0ef67fb41783989e00551a4101a511bc07b96b26eaa048d1596cb0ee91f6",
  "mint": 10000,
  "time": 1461172630,
  "nonce": 2264204544,
  "bits": "1e0fffff",
  "difficulty": 0.00024414,
  "blocktrust": "100001",
  "chaintrust": "200002",
  "previousblockhash": "000004de475b31954fbf3febb2c9d88da9a5591323cec370dfdb8a8b0ce3f2d8",
  "nextblockhash": "00000228021f68c4c977152978cea5f03fd13b705fcece495bd8637c8e3206d4",
  "flags": "proof-of-work",
  "proofhash": "00000034f6635b50d726e0a4ea18b8652c25cf652e699a955428c0ab1f65f68b",
  "entropybit": 1,
  "modifier": "0000000000000000",
  "tx": [
    "7f8a0ef67fb41783989e00551a4101a511bc07b96b26eaa048d1596cb0ee91f6"
  ]
}

Txid premine: http://xptx.io/tx/7f8a0ef67fb41783989e00551a4101a511bc07b96b26eaa048d1596cb0ee91f6

Add: http://xptx.io/address/PRbqr7zeMX3YvtYVB7EfkSyFCQSLWdMXmr

Premine moved: http://xptx.io/tx/e2ac7181198cdc55307af5f911cca96b8a848ef56ce28e10663f1a5123872505

Premine staking: http://xptx.io/address/PRzvFwqCWpfMNNEa5qTmAoUhhZiq9zf1fT

Not clear what you are doing with your premine actually, no exchange can add this coin if they looking that!

Premine need to be stored on a single cold wallet since start!
legendary
Activity: 1806
Merit: 1828
Some news dev? Have you decide something about the premine?

Hope that the premine is not to big..

It is.
The premine is 10k with the total supply around 22k


total supply 22k

premine 10k ? almost 50% of total supply,

what for that premine,can you explain

 

It appears that the dev team is leaning toward burning some coins and paying bounties. I think they want to wait to make a final decision until after block 18,000, when the 5 coin per POW block reward ends.
legendary
Activity: 1176
Merit: 1000
Some news dev? Have you decide something about the premine?

Hope that the premine is not to big..

It is.
The premine is 10k with the total supply around 22k


total supply 22k

premine 10k ? almost 50% of total supply,

what for that premine,can you explain

 
sr. member
Activity: 316
Merit: 253
It might sound sad but I only mined 1 XPTX worth all up, I don't see much innovation other than this being a rare coin to accumulate.

Is there anything else that PlatinumBAR can bring to the table ?

As I've stated a few times, at this point we're not announcing any future features we have planned.  Once those features are near completion, we'll announce them.

So you have nothing. Waste of time.

We have plenty, we choose just not to announce stuff now.  If you have an issue with that, move on to another coin that promises the world.
sr. member
Activity: 518
Merit: 250
It might sound sad but I only mined 1 XPTX worth all up, I don't see much innovation other than this being a rare coin to accumulate.

Is there anything else that PlatinumBAR can bring to the table ?

As I've stated a few times, at this point we're not announcing any future features we have planned.  Once those features are near completion, we'll announce them.

So you have nothing. Waste of time.
sr. member
Activity: 316
Merit: 253
It might sound sad but I only mined 1 XPTX worth all up, I don't see much innovation other than this being a rare coin to accumulate.

Is there anything else that PlatinumBAR can bring to the table ?

As I've stated a few times, at this point we're not announcing any future features we have planned.  Once those features are near completion, we'll announce them.
legendary
Activity: 1554
Merit: 1001
It might sound sad but I only mined 1 XPTX worth all up, I don't see much innovation other than this being a rare coin to accumulate.

Is there anything else that PlatinumBAR can bring to the table ?
sr. member
Activity: 316
Merit: 253
Some news dev? Have you decide something about the premine?

We'll be burning some coins, once we make the final decision on the amount, we'll let everyone know.
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