why saffron?
is it specially geared towards the world wide spice trade?
is it specially geared towards the world wide spice trade?
Saffron is the most expensive spice, duh
in chinese it means 藏红花
Topic: [ANN] [SFR] SaffronCoin | Latest Version - 1.4.2/2.6.2 | Mandatory Wallet Update - page 228. (Read 437835 times)
April 29, 2014, 09:07:02 AM
Saffron is the most expensive spice, duh
in chinese it means 藏红花
April 29, 2014, 07:40:16 AM
why saffron?
is it specially geared towards the world wide spice trade?
is it specially geared towards the world wide spice trade?
Saffron is the most expensive spice, duh
April 29, 2014, 07:33:51 AM
why saffron?
is it specially geared towards the world wide spice trade?
is it specially geared towards the world wide spice trade?
Lol no. I was thinking of a name which is easy on the tongue and sounds ok.
I am from India and saffron is a color on the Indian flag, so i thought why not keep saffroncoin.
April 29, 2014, 07:23:16 AM
why saffron?
is it specially geared towards the world wide spice trade?
is it specially geared towards the world wide spice trade?
April 29, 2014, 06:43:11 AM
Just 600 blocks left till bonus rewards end.
April 29, 2014, 05:51:26 AM
Watching the thread. What is the GROESTL means?
a repost from the cudaminer thread:So what is this Grosel stuff people are talking about? I'm still here mining DOGE and not up on the latest with what to be mining. What are we mining now? Great work on the CudaMiner btw
that's Gröstl.
it's also a finalist of the NIST SHA-3 hash function competition. Gröstl is an Austrian dish, but because the hash function has Danish co authors, they replaced the ö with an ø like in Smørrebrød
the hash function is important because it is part of Quark and X11 - and it appears that in particular X11 will play a major role in the future (when ASICs have ruined scrypt for GPU miners)
Christian
April 29, 2014, 05:47:14 AM
Watching the thread. What is the GROESTL means?
Groestl is the most energy efficient hashing algorithm. It can used in CPU as well as GPU mining.
http://www.groestl.info/
April 29, 2014, 05:45:08 AM
Watching the thread. What is the GROESTL means?
April 29, 2014, 05:35:52 AM
This new system could be interesting but how the three algorhythms are mixed, they give same amount like 1/3 ; 1/3 ; 1/3 or they have differents proportionnality in accordance of the total hasrate of each algo ?
difficulty adjustment means 1/3 for each of the three 
April 29, 2014, 05:29:12 AM
This new system could be interesting but how the three algorhythms are mixed, they give same amount like 1/3 ; 1/3 ; 1/3 or they have differents proportionnality in accordance of the total hasrate of each algo ?
April 29, 2014, 05:23:06 AM
Yes, after around 6 years, including bonus rewards and frequency of superblocks, number of coins would be around 82million. But, in mathematics, you keep dividing a number but you will never reach zero. Block halving will stop after about 6 years. Minimum block reward will be 0.017 after that. So, eventually all 111 million coins will be mined, but would take a very long time.
Ok, didn't realise you were talking about 2000 years into the future! So basically it won't go above about 84 million in the next 100 years?
(Not sure how you get to 82 million at 6 years, not 77-78 million, but never mind)
April 29, 2014, 04:53:40 AM
Good news miners!
Swisscex has added us to their voting list.
https://www.swisscex.com/voting
Please all vote for SFR!
Swisscex has added us to their voting list.
https://www.swisscex.com/voting
Please all vote for SFR!
April 29, 2014, 04:41:47 AM
April 29, 2014, 04:25:25 AM
Some may argue why the superblock range is very tight and quite difficult to obtain, but the max coins are just 111 million, so the superblock has to be rare.
How do you get to the total of 111 million coins? 72 initial reward, block halving every 524160, means max 75.5 million; add in some bonus coins for the first two days, and random superblocks, still doesn't get more than 78 million?
Yes, after around 6 years, including bonus rewards and frequency of superblocks, number of coins would be around 82million. But, in mathematics, you keep dividing a number but you will never reach zero. Block halving will stop after about 6 years. Minimum block reward will be 0.017 after that. So, eventually all 111 million coins will be mined, but would take a very long time.
This is done because, i predict ASICS will take over completely in the future. Like how CPU mining became useless now, GPU mining may become useless in the years to come. With this coin supporting ASICS also, it is necessary for it to not get over soon. Who knows how much hashing power we could get in about 8 years time? It could be unimaginable and low block rewards wouldn't matter.
We wanted the coin to be future proof and run for a long time keeping all these points in mind. It could also increase the value of the coin in the later years. On an average it could take around 25 years to mine all the coins. It wouldn't be too difficult to find the block then since the difficulty will retarget every block.
Also, bitcoin is predicted to reach its 21 million mark in 2040. That's 30 years since launch.
April 29, 2014, 03:47:47 AM
Some may argue why the superblock range is very tight and quite difficult to obtain, but the max coins are just 111 million, so the superblock has to be rare.
How do you get to the total of 111 million coins? 72 initial reward, block halving every 524160, means max 75.5 million; add in some bonus coins for the first two days, and random superblocks, still doesn't get more than 78 million?
EDIT: plus, you should update the first post to reflect the pre-mine
April 29, 2014, 03:42:13 AM
Tray icon is still myriadcoin icon.
Yes working on a wallet update. Windows does a very bad job at caching. Somehow it wasn't able to remove that cache.
April 29, 2014, 03:40:12 AM
Tray icon is still myriadcoin icon.
April 29, 2014, 03:39:56 AM
cant log into 0feepool 
Pool might temporarily be down. Will contact the dev.
Its working now
April 29, 2014, 03:13:22 AM
cant log into 0feepool
Pool might temporarily be down. Will contact the dev.
April 29, 2014, 03:09:06 AM
cant log into 0feepool
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