Sigh. Well, there isn't anything innovative about this coin but it looked like it could be fun to stake at least. For some reason, staking random coins and watching my digital horde steadily increase gives me a warm fuzzy feeling inside. I was also encouraged because the reward structure appeared to be very fair. That was until I looked closer at the details.
So a 2% premine gives the devs just a little over 7 million coins. Seems reasonable enough, but POS blocks are targeted for every 18 seconds, and POW blocks are targeted for every 180 seconds. So even though there are theoretically 358 million coins mined by POW, in reality only about 10% of that will by mined because POS will be mining most of the blocks. Now the premine has ballooned from a reasonable 2% to an outrageous 20%. This issue is further compounded because I am sure the devs will be staking the premine throughout the POW period, and even if they don't they will still be collecting coinage. Depending on effects of compound interest and how long the POW period lasts, the premine could easily end up effectively being 25-30%!
Dev, stop wasting people's time and hashes. Someone was bound to point this out eventually. You need to immediately burn 90% of the premine.
Topic: [ANN] ████████████████████ [X²] ██████████████ - page 32. (Read 54584 times)
please add the pool to the op
allright done .
please send me your [X?] Address for the Bounty
please add the pool to the op
a few minutes ago. i send 500 [X²] to each Miner / Worker on TekyBoys Pool as Special gift .
I must of just missed out on this by few minutes...
i will repeat this later today in a few hours. each worker/Address on tekyboys Pool will receive 1000 Coins as Bonus
Thank you
a few minutes ago. i send 500 [X²] to each Miner / Worker on TekyBoys Pool as Special gift .
I must of just missed out on this by few minutes...
where to find ip to use?
use 127.0.0.1 for solo mining
or Visit Tekyboy`s Pool
Thank You
hello data config? for mining solo please thanks
exange?
OP cant we get block explorer
a few minutes ago. i send 500 [X²] to each Miner / Worker on TekyBoys Pool as Special gift .
Really? cause ive had 2 worker addresses there for hours now and I didnt get anything.. lol
Will staking begin before the end of PoW phase?
yes. PoS Need some time until the first PoS Blocks get solved on the blockchain. but this should be happend in the next few Hours .
Got my first stake of 0.16 X2
Any plans for a block explorer?
DEV interested logo and Image for your Coin ?
https://bitcointalksearch.org/topic/high-quality-design-for-ann-logo-wallet-design-1235193
https://bitcointalksearch.org/topic/high-quality-design-for-ann-logo-wallet-design-1235193
Will staking begin before the end of PoW phase?
yes. PoS Need some time until the first PoS Blocks get solved on the blockchain. but this should be happend in the next few Hours .
Will staking begin before the end of PoW phase?
a few minutes ago. i send 500 [X²] to each Miner / Worker on TekyBoys Pool as Special gift .
So that's where that came from...thanks!
Why is everyone so excited?
I get to try the Stay Safe Wallet for the first time
Why is everyone so excited?
Mining, good luck.
OP please update pool link in your main post as http://tekyboycrypto.xyz/pool
or just copy below mentioned quoted text thanks
or just copy below mentioned quoted text thanks
Quote
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