Topic: [ANN] Unbreakablecoin (UNB) | SHA256 - Over 3x Bigger then Bitcoin | No Premine - page 40. (Read 134950 times)
April 17, 2015, 02:33:36 AM
Just to add, the only reward halving is at block 800,000 given fewer than 45,000 blocks have been found so far, and they are currently being found at 3 a day ... well, you work it out ...
April 17, 2015, 02:32:57 AM
There is no way the next difficulty retarget is 18 months away. lol
Maybe 18 minutes or max 18 hours.
So no, my original question stands, when is the next subsidy halving and what will be the new block reward?
Thanks!
April 17, 2015, 02:27:40 AM
When is the next halving and what will it go down to?
Based on the current hashrate - averaging 3 blocks a day in April - the next halving will be in approximately 15 months. However the hash rate has been falling steadily so most likely rather longer than that.
Wow, that sucks. So we inflate at 30% per annum for a long long time.
Is there any way to significantly reduce this inflation and dilution (max supply) Jim?
Is that something Terpin would be ok with? Lots of other top coins have done it and have done well or are backed by big names. DarkCoin (DASH), MaxCoin, Nautilus, and many other coins.
It's the same exact concept as a corporation spending billions per year doing stock buy-backs; only with cryptos we are very lucky cause we can do exactly the same thing for free, with a simple code update.
I simply see no reason to have 3 times the dilution and inflation of Bitcoin [3 times as many coins]. 21 million [highly divisible] coins are enough for the entire planet - let alone a niche market.
I hope this is something that can be done soon otherwise any attempt at another huge rally will have the same failed end result - a quick death to the rally, followed by an immediate price collapse.
Sorry, I misread your question - that isn't the next "halving" that is the next difficulty retarget; however, I think that is what you were actually asking?
I will correct my post.
April 17, 2015, 02:17:23 AM
When is the next halving and what will it go down to?
Based on the current hashrate - averaging 3 blocks a day in April - the next halving will be in approximately 15 months. However the hash rate has been falling steadily so most likely rather longer than that.
Wow, that sucks. So we inflate at 30% per annum for a long long time.
Is there any way to significantly reduce this inflation and dilution (max supply) Jim?
Is that something Terpin would be ok with? Lots of other top coins have done it and have done well or are backed by big names. DarkCoin (DASH), MaxCoin, Nautilus, and many other coins.
It's the same exact concept as a corporation spending billions per year doing stock buy-backs; only with cryptos we are very lucky cause we can do exactly the same thing for free, with a simple code update.
I simply see no reason to have 3 times the dilution and inflation of Bitcoin [3 times as many coins]. 21 million [highly divisible] coins are enough for the entire planet - let alone a niche market.
I hope this is something that can be done soon otherwise any attempt at another huge rally will have the same failed end result - a quick death to the rally, followed by an immediate price collapse.
April 17, 2015, 02:09:07 AM
One more thing Jim, can you post the PR invoice where you paid for Mr. Terpin's services? In the spirit of transparency, which you have championed well so far, it would be nice to have that posted for a number of good reasons.
I saw other coins which got promotion contracts with Terpin publicly posted their paid invoices. It would also be nice to know how much this 3 month promotion deal cost the devs/community as well. The invoice would provide that while continuing the Transparency theme UNB has going for it.
Much appreciated!
April 17, 2015, 02:08:31 AM
When is the next halving and what will it go down to?
Based on the current hashrate - averaging 3 blocks a day in April - the next difficulty retarget will be in approximately 15 months. However the hash rate has been falling steadily so most likely rather longer than that.
Edited to correct "halving" to "difficulty retarget" - a slip of the brain.
April 17, 2015, 02:04:06 AM
When is the next halving and what will it go down to?
The inflation is very high on this coin, 30% inflation is massive by any measure. I think that's a big reason our last rally was killed off in such a big way.
Also, Jim, when do you expect Mr. terpin to start his promised [3 month] PR campaign? I haven't seen anything yet so I'm guessing that's still coming. That should really move things along but it looks like it could take a while.
Thanks!
April 14, 2015, 08:06:04 AM
Been working on building a radio station for a friend. http://www.bitcointalkradio.com/ We will be doing plenty of advertising on there.
And, UNB is in the news today!
Here is a nice news release today from The Coin Report right on the front page !
https://coinreport.net/cryptocurrency-profile-unbreakablecoin/
And, UNB is in the news today!
Here is a nice news release today from The Coin Report right on the front page !
https://coinreport.net/cryptocurrency-profile-unbreakablecoin/
April 13, 2015, 12:43:44 AM
Same old, same old. I've some 55 UNB coins in transit to my wallet and they'll so be for God knows how many days! Nobody's mining this coin, it's just too darned hard -- so the blockchain is pretty much stopped. Whatever, no doubt someday those coins will actually show up. No, I'm absolutely not holding my breath!
March 27, 2015, 04:05:33 AM
"Happy Birthday" Jim/UNB. I don't have the money for buying shares, but I've a toenail hold on the coin and hope to increase that when the Diff drops. This is a damned hard coin to mine!
Based on the current hashrate, you'll have a long wait ... about 100 days? March 24, 2015, 08:52:57 AM
Please go vote for Unbreakable Coin!
https://bitcointalksearch.org/topic/vote-doneann-the-altcoins-foundation-platform-version-10beta-released-1000833
It's free! Thanks Everyone
By the way you only get one vote, so please use it on UNB. We are way behind in the voting!
https://bitcointalksearch.org/topic/vote-doneann-the-altcoins-foundation-platform-version-10beta-released-1000833
It's free! Thanks Everyone
By the way you only get one vote, so please use it on UNB. We are way behind in the voting!
March 23, 2015, 09:05:47 PM
UnbreakableCoin was mentioned in a CBS Las Vegas Article! I was moving at the time and totally missed this article I just found it today.
The article is about Michael Terpin and Technology but Unbreakablecoin is mentioned in there!
No matter how small of a mention it is, just seeing the name Unbreakablecoin in a CBS article made me smile.
CBS Las Vegas http://cbsloc.al/1GNjCLH
March 21, 2015, 02:01:23 AM
"Happy Birthday" Jim/UNB. I don't have the money for buying shares, but I've a toenail hold on the coin and hope to increase that when the Diff drops. This is a damned hard coin to mine!
Based on the current hashrate, you'll have a long wait ... about 100 days?
March 20, 2015, 10:54:25 PM
"Happy Birthday" Jim/UNB. I don't have the money for buying shares, but I've a toenail hold on the coin and hope to increase that when the Diff drops. This is a damned hard coin to mine!
March 19, 2015, 09:01:29 PM
So in case you missed me last week, you can catch me this Friday on http://dogecoindark.net/radio/ celebrating UNB's 1 year birthday!
7PM PST
10PM EST
HAPPY BIRTHDAY UNB !!!!!!
7PM PST
10PM EST
HAPPY BIRTHDAY UNB !!!!!!
March 16, 2015, 05:38:58 PM
completely my error on this one. not a normal occurrence for us at the doged.
March 14, 2015, 10:24:00 PM
http://dogecoindark.net/radio/ We go live in about ten minutes - Very sorry for the delays!
March 14, 2015, 06:25:41 PM
Looking forward to this Jim! At what time exactly?
7 PM - PST
March 14, 2015, 01:49:00 PM
Looking forward to this Jim! At what time exactly?
March 13, 2015, 04:06:58 PM
I will be on http://dogecoindark.net/radio/ live internet radio on Saturday 3/14/2015
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