@vpncoin
Why no update on Github?
This update not change Coin's source code.
Part of BitNet's source code at now is not open.
This is protect BitNet, as you know, altcoin has been very much.
Wait, what when did this become closed source? what version?
I believe anything after 1115.
To be honest I need the open source for a game project I am working on.
If I don't get the open source then, in-game purchases will be made with another coin.
EDIT:
@vpncoin
You told me your coin is based on BlackCoin, yet I see PPcoin and some others in the source files....
I was not aware of this! I will downgrade. And I may remove from my sig. Not a fan of closed source in this scene.
Not that anyone could get anything except this wallet from this vm anyway.
Irc is down to like 20 of us. Is there really any reason to sign into the IRC channel anymore?
BTW, The red part is wrong.
In BITNET network, with VpnCoin as a circulation material (currency), the number of issued coins is 4e. We set the POS interest rate of V coin a fixed 0.1% per year. Let's do a simple calculation to see how the interest is generated.
Because interest period of V coin is eight hours, which means that each year calculating interest time is 1080, so we need to calculate the effective interest rate N through the nominal interest rate 0.1%:
4e×(1+N)^1080=4e×(1+0.1%） The result is: N≈0.0000002314
Through the effective interest rate of N, we are going to calculate compound interest and accumulated amount.
The formula of calculating compound interest and accumulated amount is:
FV = PV×（1 + r）^n
( FV=future value PV=present value r=actual rate n=number of periods )
After calculation we can get accumulated amount (compound amount) data as follows:
The first year: 401,000,039 VpnCoins
The second year: 402,001,078 VpnCoins
The third year: 403,003,119 VpnCoins
The 100th year in the future: 405,120,030 VpnCoins
From the data, we can see that in the next 100 years, the total amount of currency increased only by about 10%. To evaluate a network economy, we need to take into consideration consumer prices, retail prices and network operating conditions, thus we can bear a 10% increase in BITNET network.
