[ANN] [PoW+PoS+ERC20] PoWAdv mineable ethereum Token! - page 3.

leeroy.coindeal

newbie

Activity: 76

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Quote from: PhDumb on March 23, 2018, 03:20:25 AM

Quote from: mkn2030 on March 23, 2018, 02:47:18 AM

Why can the ECR20 project still be excavated? Can someone explain it to me?

There are already several such projects. This one, for example - 0xBitcoin:
https://medium.com/@admazzola/the-case-for-the-mineable-erc20-token-78cbb4c34331

Edit: here is a concept outlined: https://lightrains.com/blogs/how-to-create-mineable-erc20-tokens

Our project inspired by 0xBitcoin, but we cannot be aggree with the concept that peoples should waste electricity and run huge mining capacity for mining. With POWA we changed the mining method, which more likely based on Token Holding than pure computation power.

Mining capacity = Computation power * Block Holding^2. (1 Block = 250 Token)

osamadeep

newbie

Activity: 126

Merit: 0

reserved

cryptoballteam

newbie

Activity: 28

Merit: 0

can you explain the difference between this and other pow + pos coin? don't see how people would switch from eth to this platform...maybe you can convince us?

PhDumb

newbie

Activity: 26

Merit: 0

Quote from: mkn2030 on March 23, 2018, 02:47:18 AM

Why can the ECR20 project still be excavated? Can someone explain it to me?

There are already several such projects. This one, for example - 0xBitcoin:
https://medium.com/@admazzola/the-case-for-the-mineable-erc20-token-78cbb4c34331

Edit: here is a concept outlined: https://lightrains.com/blogs/how-to-create-mineable-erc20-tokens

gcgsuper

member

Activity: 78

Merit: 10

Can GPU be mined? I have some GPU miners, I want to exploit it, is there a mining pool to be mined?

D ltr

sr. member

Activity: 1362

Merit: 258

Instant cryptocurrency exchange with own reserves!

How the POW and POS works can you explain it ?
Since this is a token in an ethereum platform. And as i know POS is needed the wallet to be opened in 24 hours

sxafir

hero member

Activity: 1022

Merit: 500

Let just wait to 31.3.2018.

leeroy.coindeal

newbie

Activity: 76

Merit: 0

Quote from: Knathein on March 23, 2018, 03:04:19 AM

Pretty bland, almost seems like it might be a scam/waste of time coin.

1.The "White Paper" is about 6 paragraphs long.
2. When I go to the website and click "PowAdv Miner" it brings me to the github master repositories, but there is no actual miner within any of the branches.
3. On your ANN when I click the "smart contract" it just brings me to the main page of etherscan, no smart contract until I actually go onto the website itself and click the contract.
4. When I click the link under "- Miner Source/Download(Pool compatiable):" just brings me to the main github webpage itself.

5. Most importantly, this "Hard Fork" literally looks like the same exact coin except a different name, and different difficulty adjustment period from 1,000 blocks to 32 blocks. (Same algo, same "minable ERC20 token", same token supply, same decimal places, same block reward, the PowAdv website links to the PoWEth ERC20 Token Contract Address) Pretty similar "use cases and features", same layout of the website from PowEth to PowAdv.....

Pretty underwhelming :/ and sad...

Easy, easy we are just commiting the changes, more than 25% of the SmartContract source changed, so it will be truely a real hardfork with monument changes.

leeroy.coindeal

newbie

Activity: 76

Merit: 0

Quote from: kurniawanj on March 23, 2018, 02:49:04 AM

reserved for indonesian translation

edited : i think i pass

Token details:
- 100.000.000 possible maxiumim supply!
- Decimal 8
- Token holding decreasing PoW resources requirement, makes CPU mining viable for long time!
- Block reward: 250(constant)!
- Mining algo: Keccak256
- Difficulty adjustment: Every 32 Block!
- Difficulty adjustment target time: 10min/Block avarage.
- Blockchain: Ethereum mainnet

it doesnt make sense mining on erc20 and becoming a token

It does, becaue the community can handle how much token should be distributed. Similar to ICO distribution, but main difference the mining only reward the minter not the creators of the contract. Keep the Token open just like ETH or BTC.

Knathein

member

Activity: 103

Merit: 10

Pretty bland, almost seems like it might be a scam/waste of time coin.

1.The "White Paper" is about 6 paragraphs long.
2. When I go to the website and click "PowAdv Miner" it brings me to the github master repositories, but there is no actual miner within any of the branches.
3. On your ANN when I click the "smart contract" it just brings me to the main page of etherscan, no smart contract until I actually go onto the website itself and click the contract.
4. When I click the link under "- Miner Source/Download(Pool compatiable):" just brings me to the main github webpage itself.

5. Most importantly, this "Hard Fork" literally looks like the same exact coin except a different name, and different difficulty adjustment period from 1,000 blocks to 32 blocks. (Same algo, same "minable ERC20 token", same token supply, same decimal places, same block reward, the PowAdv website links to the PoWEth ERC20 Token Contract Address) Pretty similar "use cases and features", same layout of the website from PowEth to PowAdv.....

Pretty underwhelming :/ and sad...

kurniawanj

newbie

Activity: 141

Merit: 0

reserved for indonesian translation

edited : i think i pass

Token details:
- 100.000.000 possible maxiumim supply!
- Decimal 8
- Token holding decreasing PoW resources requirement, makes CPU mining viable for long time!
- Block reward: 250(constant)!
- Mining algo: Keccak256
- Difficulty adjustment: Every 32 Block!
- Difficulty adjustment target time: 10min/Block avarage.
- Blockchain: Ethereum mainnet

it doesnt make sense mining on erc20 and becoming a token

mkn2030

newbie

Activity: 148

Merit: 0

Why can the ECR20 project still be excavated? Can someone explain it to me?

alicee

copper member

Activity: 532

Merit: 0

reserve Chinese translation

Drakzero

jr. member

Activity: 252

Merit: 1

I would like to reserve Dutch translation if needed

BigBadBitBaron

sr. member

Activity: 463

Merit: 256

are there any mining pools participating in this token..

would be interested in mining if a reputable pool were to get involved.

Very interesting project in any case.

the best of luck with it

MacronMiner

jr. member

Activity: 266

Merit: 1

Scam Hunter

Quote from: ?? on ??

reserved

What's the purpose of your bot ?

gloomik

copper member

Activity: 183

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http://gos.cx

куы

dsg21

newbie

Activity: 196

Merit: 0

reserved for translation into Russian

leeroy.coindeal

newbie

Activity: 76

Merit: 0

PoWAdv
Proof of Work ERC20 Token

http://powadv.org/

Whitepaper | Github | SmartContract | Exchange

- Mineable ERC20 Token, based on Keccak256 + PoS algorithm with 100.000.000 Token supply. Hard forked from PoWEth token!

Miner download: Version 1.0

New mining difficulty algorithm:

- Personal Mining Difficulty = Global Difficulty / (MintedBlocks*MintedBlocks) // MintedBlocks are calculated from your balance ( Balance/BlockReward ).

Code:

function discountedMiningTarget(address solver) public constant returns (uint256 discountedDiff) {
   // the number of coins owned
   uint256 minerBalance = uint256(balanceOf(solver));

   if(minerBalance <= 2 * _BLOCK_REWARD)
   return getMiningTarget();

   // the number of full block rewards owned
   uint256 minerDiscount = uint256(minerBalance.div(_BLOCK_REWARD));

   discountedDiff = miningTarget.mul(minerDiscount.mul(minerDiscount));

   if(discountedDiff > _MAXIMUM_TARGET) //very easy
   discountedDiff = _MAXIMUM_TARGET;

   return discountedDiff;
   }

Token details:
- 100.000.000 possible maxiumim supply!
- Decimal 8
- Token holding decreasing PoW resources requirement, makes CPU mining viable for long time!
- Block reward: 250(constant)!
- Mining algo: Keccak256
- Difficulty adjustment: Every 32 Block!
- Difficulty adjustment target time: 10min/Block avarage.
- Blockchain: Ethereum mainnet

Exchanges:
- Forkdelta

Other Websites:

- Reddit: https://www.reddit.com/r/poweth/

Use cases and features:

- Token can be stored on spend with any ERC20 compatiable wallet!
- Transactions are fast just like the Ethereum transactions.
- By the time when ETH became PoS, PoWEth still can be mined.
- Etherdelta,Forkdelta exchanges are already available.
- No Pool mining needed, it will be optional when difficulty became higher.

Topic: [ANN] [PoW+PoS+ERC20] PoWAdv mineable ethereum Token! - page 3. (Read 1481 times)