[ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS - page 359.

karudea

member

Activity: 106

Merit: 10

Quote from: Silkcoin on May 07, 2014, 02:59:48 PM

Quote from: gg234 on May 07, 2014, 02:43:06 PM

I would love to see this coin with X11 algo which makes much more interesting

At first we went for another algo but then we thought it was best to keep it to scrypt since it is more widespread and the mining period lasts only 2 weeks.

In any case it's not a big issue since the main objective is to go full POS.

We'll keep the first mining session to scrypt since it is in 2 days but maybe we'll switch to X11 for the second mining period.
In fact now that you raised the subject I edit this post because the whole team finds a second phase on a different algo would be great. Expect a change of the algo on the second mining phase

.

Nothing is definitive yet, it all depends on you !

X11 seems like a nice idea.
Small miners will certainly benefit from it and maybe that will set the score to 0 regarding the pre-ANN / ninja Launch. Just sayin'

Silkcoin

member

Activity: 168

Merit: 10

Quote from: gg234 on May 07, 2014, 02:43:06 PM

I would love to see this coin with X11 algo which makes much more interesting

At first we went for another algo but then we thought it was best to keep it to scrypt since it is more widespread and the mining period lasts only 2 weeks.

In any case it's not a big issue since the main objective is to go full POS.

We'll keep the first mining session to scrypt since it is in 2 days but maybe we'll switch to X11 for the second mining period.
In fact now that you raised the subject I edit this post because the whole team finds a second phase on a different algo would be great. Expect a change of the algo on the second mining phase

.

Nothing is definitive yet, it all depends on you !

Jookly

legendary

Activity: 1131

Merit: 1007

Quote from: gg234 on May 07, 2014, 02:43:06 PM

I would love to see this coin with X11 algo which makes much more interesting

what would be even more interesting is if the first POW phase was X11 and the second POW phase was Scrypt.

gg234

full member

Activity: 210

Merit: 100

I would love to see this coin with X11 algo which makes much more interesting

jamo4000

sr. member

Activity: 807

Merit: 251

Cool coin !

karudea

member

Activity: 106

Merit: 10

Ahah, love the website background animation : MONEEEEEEY Wink

web_PC

member

Activity: 294

Merit: 10

It seems interesting coin..

Silkcoin

member

Activity: 168

Merit: 10

Quote from: ?? on ??

i LOVE the wallet AND the distribution model.

Hehe thanks to all the great feedbacks even if its not very customized hah

Quote

so there will be 100million coins after pow stages
and how much is the whole supply?
is there any decrease in pos interests in next years?
nice wallet btw

50 million coins distributed during 7 days of POW then 1 month of POS then 50 millions generated through the second POW phase.

There is no limit to the number of coins generated by POS.

Interest will stay at 2% with 12 hours maturity.

karudea

member

Activity: 106

Merit: 10

What a nice coin
The design and integrated option of the wallet is really nice, and it was time someone work on this.
As for the Pre-Ann / Ninja launch i have no particular opinion, in any way, people will be upset and complain. I'd rather know when a coin will be released to be really prepared and make an effective start.
I'll be mining this coin, hopping everything works well, Dev don't show sign of bad behaviors and the 2% premine is not that much.
Let's hope for the best !

ShXnot

sr. member

Activity: 322

Merit: 250

so there will be 100million coins after pow stages
and how much is the whole supply?
is there any decrease in pos interests in next years?
nice wallet btw

TaunSew

hero member

Activity: 756

Merit: 506

Interested

reflector

sr. member

Activity: 826

Merit: 263

Quote from: sala2001 on May 07, 2014, 01:07:41 PM

Hmmm maybe the best thing to do about the launch is a SEMI-ninja launch

. You announce the coin for the 9 and you launch the 8 haha!

Something tells me that's a really bad idea. Tongue

sala2001

newbie

Activity: 47

Merit: 0

Hmmm maybe the best thing to do about the launch is a SEMI-ninja launch

. You announce the coin for the 9 and you launch the 8 haha!

Silkcoin

member

Activity: 168

Merit: 10

Quote from: templar77 on May 07, 2014, 12:52:44 PM

The bounties are so low... and you got 2%

Most of them are not limited at 1 person Wink

.

And there will be bounties that are more like wages for people doing ongoing support (facebook management for example), we lack social support for example so we need to pay people on the long term to handle this for us etc..

If you have any service to propose feel free to contact us, and many bounties will be added (for example translations) don't forget we're at the beginning.
All the premine will be distributed.

templar77

full member

Activity: 224

Merit: 100

The bounties are so low... and you got 2%

bnjdww

newbie

Activity: 44

Merit: 0

i LOVE the wallet AND the distribution model.

Philll90

full member

Activity: 238

Merit: 100

Quote from: zsnorbi on May 07, 2014, 12:32:57 PM

Interesting nice design but i am also afraid that pre-ann will kill the coin

I agree with this. A working ninja launch would be the better option.

sala2001

newbie

Activity: 47

Merit: 0

Wow, i LOVE the wallet AND the distribution model. And i'm okay with the PRE ANN since i'm not at home hehe.

zsnorbi

hero member

Activity: 686

Merit: 500

Interesting nice design but i am also afraid that pre-ann will kill the coin

Silkcoin

member

Activity: 168

Merit: 10

Quote from: gerdab on May 07, 2014, 12:24:11 PM

Quote from: Silkcoin on May 07, 2014, 11:39:37 AM

Specifications

Block time: 1 minute
Maximum POW supply: 100 million
Difficulty retarget: every block
Stake interest: 2% annually
Min transaction fee: 0.0001 BC
Fees are paid to miners
Confirmations: 10, maturity: 350
Minimum stake age: 12 hours - No max age
P2P port: 16666, RPC port: 16667

copy past mistake!
page bookmarked.

Yes indeed our coin is based on blackcoin, the specs are sometime similar so it was a copy paste thanks just edited it.

And we are not ashamed of it, it's the point of open source. And by the way you can also quote where we say.

Quote

(yes blackcoin is an exception and a amazing coin and we wish all the best for them)

Topic: [ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS - page 359. (Read 332125 times)