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Topic: [ANN] SMAC - Accounts have been suspended project closed - page 39. (Read 65854 times)

sr. member
Activity: 336
Merit: 250
When I click this link: http://www.smac.io/#wallets the link to the whitepaper isn't working.
hero member
Activity: 840
Merit: 500
Question. If my Stake weight is 9500 and network weight is 6844, is that OK? Shouldn't be individual stake weight always <= network stake weight?
Nope, this is normal if you bring a wallet with a relatively high amount of mature coins online or if a bigger stack of coins matures. Network weight will significantly increase and your stake weight will be reduced once you have staked a few blocks.
hero member
Activity: 925
Merit: 1000
Question. If my Stake weight is 9500 and network weight is 6844, is that OK? Shouldn't be individual stake weight always <= network stake weight?
legendary
Activity: 1235
Merit: 1003
https://minepi.com/cryptomeneer
sr. member
Activity: 395
Merit: 250
wo finde ich eine windows wallet?
legendary
Activity: 1323
Merit: 1000
It looks like the code pushed is not the final POS updates.

Checking into some updates and will rebuild the wallets but this will require a mandatory update to account for the interest changes. Once they are confirmed we will announce the update and the deadline which will be after PoW ends and continue into pure PoS.

To account for lost interest, the POS interest percentages will be offset by block days to allow holders to still earn their 1% per day as promised and follow the interest rules as defined.

Updates will be coming but this is being looked into.


How to get 1% a day? I have many smac, but I not see 1% per day of interest go up ...
sr. member
Activity: 310
Merit: 250
It looks like the code pushed is not the final POS updates.

Checking into some updates and will rebuild the wallets but this will require a mandatory update to account for the interest changes. Once they are confirmed we will announce the update and the deadline which will be after PoW ends and continue into pure PoS.

To account for lost interest, the POS interest percentages will be offset by block days to allow holders to still earn their 1% per day as promised and follow the interest rules as defined.

Updates will be coming but this is being looked into.
legendary
Activity: 1120
Merit: 1000
I'm impressed when there were problems and Bittrex disabled the wallet. SMAC worked very hard to get it fixed and this really boosted my confidence in this coin. Some great news release and it will be trading a lot higher, and a lot higher then ICO price. This coin is pretty cheap when you compare it with other coins. The business model of SMAC also looks very solid.
hero member
Activity: 585
Merit: 500
Is anyone here staking at anywhere near 1 percent? I am staking but getting a tiny fraction of 1 percent.

Also, is it normal that my coins are constantly shifting back and forth in my wallet between "spendable" and "stake"?

Thanks!

The 365% stake starts after the last PoW block

Oh yeah....I missed that part! Anyone know approximately how long until that happens?

You should actually be receiving 365% proof of stake interest but it's not working properly.

So I'm not sure why you've been led to believe that "The 365% stake starts after the last PoW block" because that's not correct.  The last PoW block (LAST_POW_BLOCK = 7202) will roll around and nothing will have changed.

So this coin's code will actually require an update to work properly.


Because it says so in the ann??
Quote
PoS Variable Interest (from last PoW block):
Month 1: 365% Interest (< 30 block days)
Month 2: 100% Interest (31-60 block days)
Month 3: 25% Interest (61 - 90 block days)

For the rest of the life of the coin, PoS interest: 3%
sr. member
Activity: 336
Merit: 250
Is anyone here staking at anywhere near 1 percent? I am staking but getting a tiny fraction of 1 percent.

Also, is it normal that my coins are constantly shifting back and forth in my wallet between "spendable" and "stake"?

Thanks!

The 365% stake starts after the last PoW block

Oh yeah....I missed that part! Anyone know approximately how long until that happens?
hero member
Activity: 585
Merit: 500
Is anyone here staking at anywhere near 1 percent? I am staking but getting a tiny fraction of 1 percent.

Also, is it normal that my coins are constantly shifting back and forth in my wallet between "spendable" and "stake"?

Thanks!

The 365% stake starts after the last PoW block
sr. member
Activity: 336
Merit: 250
Is anyone here staking at anywhere near 1 percent? I am staking but getting a tiny fraction of 1 percent.

Also, is it normal that my coins are constantly shifting back and forth in my wallet between "spendable" and "stake"?

Thanks!
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
Community do not be fearful we are hard at work as we speak building an infrastructure that will not go unnoticed by the crypto world as well as the social media advertising industry.

Brightlight, you are acting as if our devs are not active....the above was a post from yesterday!

This kind of things is why I gonna hate crypto.
A bunch of kids in forums who write nonsense.

People who buy in Ico like smac must realize that they are buying a investment. Please stop with nonsense questions. The only thing what almost everyone expect is big pumps after Ico. Welcome to real investments where that don't happens and where you must have patience. I have trust in the smac development team and I know in longer term my investments will be worth more.  I see everyone again  over a few months. Meanwhile I stake my coins to secure the network.

same thing i was thinking to be honest.  i mean i hope the coin isn't a scam and the dev(s)?? are legit and bring something to the table.  who knows if any pump group in with this...i guess we'll find out? HA.  i admit i picked some of this coin up under 11k sats so wth, let's hold and see where she goes.

not sure why dummies are dumping already?  so much fail.  good job kiddies.  i guess some of us can afford to hold...shoot, i probably make more fiat in my job paychq than most of these kiddies parents do, LOL
legendary
Activity: 952
Merit: 1000
I noticed that SMAC wasn't on Coinmarketcap yet so have submitted a form to them with reference to SMAC-Media if they need any further info.
sr. member
Activity: 378
Merit: 250

Coin supply: 546187

Market cap: $13,600
legendary
Activity: 1288
Merit: 1000
Community do not be fearful we are hard at work as we speak building an infrastructure that will not go unnoticed by the crypto world as well as the social media advertising industry.

Brightlight, you are acting as if our devs are not active....the above was a post from yesterday!

This kind of things is why I gonna hate crypto.
A bunch of kids in forums who write nonsense.

People who buy in Ico like smac must realize that they are buying a investment. Please stop with nonsense questions. The only thing what almost everyone expect is big pumps after Ico. Welcome to real investments where that don't happens and where you must have patience. I have trust in the smac development team and I know in longer term my investments will be worth more.  I see everyone again  over a few months. Meanwhile I stake my coins to secure the network.

"kids" Cheesy

Maybe in my mind, and I don't shame about that.

Let the Grownups speak and kids shut their mouth till any further permission.
legendary
Activity: 1235
Merit: 1003
https://minepi.com/cryptomeneer
Community do not be fearful we are hard at work as we speak building an infrastructure that will not go unnoticed by the crypto world as well as the social media advertising industry.

Brightlight, you are acting as if our devs are not active....the above was a post from yesterday!

This kind of things is why I gonna hate crypto.
A bunch of kids in forums who write nonsense.

People who buy in Ico like smac must realize that they are buying a investment. Please stop with nonsense questions. The only thing what almost everyone expect is big pumps after Ico. Welcome to real investments where that don't happens and where you must have patience. I have trust in the smac development team and I know in longer term my investments will be worth more.  I see everyone again  over a few months. Meanwhile I stake my coins to secure the network.
sr. member
Activity: 336
Merit: 250
Well we are on the same page :-)
legendary
Activity: 1288
Merit: 1000
Community do not be fearful we are hard at work as we speak building an infrastructure that will not go unnoticed by the crypto world as well as the social media advertising industry.

Brightlight, you are acting as if our devs are not active....the above was a post from yesterday!

And I didn't said that updates should be served without hesitation. Why so much crowd because of my post?

Probably I just want to keep this thread a bit more active.
sr. member
Activity: 336
Merit: 250
Community do not be fearful we are hard at work as we speak building an infrastructure that will not go unnoticed by the crypto world as well as the social media advertising industry.

Brightlight, you are acting as if our devs are not active....the above was a post from yesterday!
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