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Topic: [ANN] [YC] YellowCoin ★★Pure POS★★ Let's color the MOON !!!1.0.0.3 Updated - page 85. (Read 186692 times)

sr. member
Activity: 322
Merit: 251
perhaps you weren't on the first batch... i got mine yesterday
member
Activity: 70
Merit: 10
I have checke my second wallet. No Giveaways till now Huh


yes, I can not receive the giveway.

I do not know wehter the dev can do or not
full member
Activity: 210
Merit: 100
I have checke my second wallet. No Giveaways till now Huh

and yours is wrong for sure.. look at my signature compared to yours
full member
Activity: 210
Merit: 100
hero member
Activity: 504
Merit: 500
I have checke my second wallet. No Giveaways till now Huh
full member
Activity: 154
Merit: 100
this website shows:
Y63k2TSH77ck4wAfy6AcddJmqCUCVARjpG    229,024    0.673%    0    2014-04-28 23:14:36

But finally I got nothing

Transaction ID, please.
full member
Activity: 154
Merit: 100
this website shows:
Y63k2TSH77ck4wAfy6AcddJmqCUCVARjpG    229,024    0.673%    0    2014-04-28 23:14:36

But finally got nothing

I just sent you 1 Yellow coin. Let me know if you got it.
sr. member
Activity: 585
Merit: 251
this website shows:
Y63k2TSH77ck4wAfy6AcddJmqCUCVARjpG    229,024    0.673%    0    2014-04-28 23:14:36

But finally I got nothing
full member
Activity: 154
Merit: 100
kill hashharder.com

this fucking fraud paid nothing during pow time

Was this a pool? It's all okay, because the coin has paid almost nothing during PoS time.

http://www.hashharder.com/scrypt/yellowcoin
is it clear now? it was PoW time - 7 days and I got nothing.

My address:
Y63k2TSH77ck4wAfy6AcddJmqCUCVARjpG

I just emailed the person on the WhoIs for the site. But I doubt I'll get a response. Probably a scam, like you said.
sr. member
Activity: 585
Merit: 251
kill hashharder.com

this fucking fraud paid nothing during pow time

Was this a pool? It's all okay, because the coin has paid almost nothing during PoS time.

http://www.hashharder.com/scrypt/yellowcoin
is it clear now? it was PoW time - 7 days and I got nothing.

My address:
Y63k2TSH77ck4wAfy6AcddJmqCUCVARjpG
full member
Activity: 154
Merit: 100
kill hashharder.com

this fucking fraud paid nothing during pow time

I'm trying to look into it, but hashharder.com redirects to a vertcoin site.
full member
Activity: 154
Merit: 100
kill hashharder.com

this fucking fraud paid nothing during pow time

Was this a pool? It's all okay, because the coin has paid almost nothing during PoS time.
sr. member
Activity: 585
Merit: 251
kill hashharder.com

this fucking fraud paid nothing during pow time
full member
Activity: 154
Merit: 100
There's no 10% interest. What a stupid mistake !
Please correct it ASAP , dear dev.

Did you just come on and post without even looking through the thread? We have known for two days that PoS was not working right. The dev has been too busy screwing up the giveaway to worry about the screwed up code. He (or she) is working on it now.
hero member
Activity: 1034
Merit: 500
The giveaway was extremely flawed. Tons of people got burned even after following instructions perfectly.

I'm one of them...
member
Activity: 84
Merit: 10
SUGGESTIONS TO DEV:

#1: When you modify the wallet code, also modify the PoS reward schedule so we still get 10 full days of 10% PoS.

#2: Don't listen to the crazy guy who says you need to multiply anything by 3x10^16. That is just insane. 10,000 is the right number. I've written a simulation and tested it. As long as people leave their wallets open and unlocked, the compounding happens automatically.


could you explain why 10000 is the right number?

And to explain why I called your idea insane (I meant nothing personal by it).

Here is the code you proposed:

Code:
if(nHeight < (7 * DAILY_BLOCKCOUNT))
nRewardCoinYear = 1 * MAX_MINT_PROOF_OF_STAKE;
else if(nHeight < (18 * DAILY_BLOCKCOUNT))
nRewardCoinYear =  35159056994887200 * MAX_MINT_PROOF_OF_STAKE;

Would you agree with me that, with this code, the block reward between days 7 and 18 statement would be 3.5*10^16 times the amount of the block reward on the other days? My last block reward was 0.03 coins on a 220 coin stake. With your code, the block reward on my 220 coin stake would have been 1,054,771,709,846,616 coins, right?

Yeah my bad, ithought that you have to calculate the annual interest rate by compouding 10% daily. The way it is in the code, there is no compounding. It just divide the annual rate by 365 ...

Code:
 int64 nSubsidy = nCoinAge * nRewardCoinYear / 365;

As you stated, to have compounding effect, you must have your stake reward EVERY day. My number seems "insane" because 10% on a daily basis is insane if lasting for a year. But it was accurate if there is compounding.

Quote from: tomvalois
Yes. 10000 * 0.0365% = 3650%. 3650% / 365 days = 10%

it s not 0,0365% annualy, it s 3,65% so the right number is 1000.  3650% is 36,5 = 1000*0,0365

So the code is right if you stake every day! You cannot put it in a paper wallet and stake from time to time. That was my mistake, i thought there was some kind of compounding interest.

Still there is some other issue since, 10% didnt kick in.
newbie
Activity: 12
Merit: 0
There's no 10% interest. What a stupid mistake !
Please correct it ASAP , dear dev.
full member
Activity: 154
Merit: 100
SUGGESTIONS TO DEV:

#1: When you modify the wallet code, also modify the PoS reward schedule so we still get 10 full days of 10% PoS.

#2: Don't listen to the crazy guy who says you need to multiply anything by 3x10^16. That is just insane. 10,000 is the right number. I've written a simulation and tested it. As long as people leave their wallets open and unlocked, the compounding happens automatically.


could you explain why 10000 is the right number?

And to explain why I called your idea insane (I meant nothing personal by it).

Here is the code you proposed:

Code:
if(nHeight < (7 * DAILY_BLOCKCOUNT))
nRewardCoinYear = 1 * MAX_MINT_PROOF_OF_STAKE;
else if(nHeight < (18 * DAILY_BLOCKCOUNT))
nRewardCoinYear =  35159056994887200 * MAX_MINT_PROOF_OF_STAKE;

Would you agree with me that, with this code, the block reward between days 7 and 18 would be 3.5*10^16 times the amount of the block reward on the other days? My last block reward was 0.03 coins on a 220 coin stake. With your code, the block reward on my 220 coin stake would have been 1,054,771,709,846,616 coins, right?
full member
Activity: 154
Merit: 100
SUGGESTIONS TO DEV:

#1: When you modify the wallet code, also modify the PoS reward schedule so we still get 10 full days of 10% PoS.

#2: Don't listen to the crazy guy who says you need to multiply anything by 3x10^16. That is just insane. 10,000 is the right number. I've written a simulation and tested it. As long as people leave their wallets open and unlocked, the compounding happens automatically.


could you explain why 10000 is the right number?

Yes. 10000 * 0.0365% = 3650%. 3650% / 365 days = 10%. This is simple (or nominal) interest. But the coins re-stake. The 10% you earned yesterday will stake tomorrow, and they will earn 10%, along with original coins, which will earn additional 10% interest. So the compounding happens automatically. You don't need tricky math to make it happen.

However, the way the code is written, if you never open your wallet between day 7 and day 18, you won't ever earn the 10%, and if you only open sometimes during those days, you won't get the full benefit of compounding. So the wallets need to stay open for the compounding to happen.
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