Topic: [ANN] [YC] YellowCoin ★★Pure POS★★ Let&#039;s color the MOON !!!1.0.0.3 Updated - page 87. (Read 186649 times)

Quote from: Rainer4256 on April 28, 2014, 03:23:44 PM

Quote from: Rainer4256 on April 28, 2014, 03:08:24 PM

Quote from: Rainer4256 on April 28, 2014, 02:58:02 PM

Quote from: CombatVolcano on April 28, 2014, 03:41:23 PM

35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN

This would mean that you will get 10% daily for a year. I think it's rather: coin * 1,0365 + coin * 1.1^8 for one year.

yes it s the annual rate for a year. but it is limited to 10 days. See below :

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;

We have the normal rate for the first 7 days. And from 7 to 18 first days we have the super POS rate, currently setted to 1% daily.

OP says: Block Day 8-17 (POS): Nominal Stake Interest: 10% Daily

Yes and code says otherwise, but you are free to inspect it.

35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN <-- This is wrong!
(1.1^365)/0.0365 = 3.5159... * 10^16

Please this is exactly the same 35159056994887200 = 3.5159... * 10^16

Your last 4 digits are wrong, must be ...6375. But anyway, this number is far too big to be taken seriously.

Sorry if you didn t understand the point. My english is so limited.

But at the end, this is the reason why you are not seing the 10% daily in your wallet. Maybe someone who can understand what i m saying explain to him?

edit : i tried to help. I don t have any YC and will not have it. Way too many premine to be interesting. I m not spreading FUD, the code is from github. Everybody can have a look at it.

Okay - look at block 30,000:

http://www.yellow-coin.com:1777/block/f9b633160be64a4623ec9e7a1f519629bc98b096fe8748445d787e0fbfd66256

Here we have 2000.2326 staked coins and a PoS reward of 0.2267 coins. That works out to a little over 0.012% for 1.2378 coin days.

Now look at block 40,000:

http://www.yellow-coin.com:1777/block/72e2be488847c607cb74ec1ef69717e64f313278f40549aa09febd6f8d10f077

We have 50.7303 staked coins and a PoS reward of 0.0087 coins. That works also works out to a little over 0.017% for 1.48689 coin days.

According to the code, the reward for block 40,000 should be 10,000 times the reward for block 30,000. Regardless of whether 10,000 is the right number to use, it isn't even doing that. There is another issue!

cryptoba

sr. member

Activity: 435

Merit: 250

It is important to be specific.

As advertised "10% Daily" would seem to mean compound interest i.e. each day every day you earn 10% of stake.

That would easily result in extremely massive numbers within months.

Can someone lay it out exactly point by point what the POS for this coin really is in plain terms?

It would have been 10% from Day 8 to 17...so for 9/10 days.

Rainer4256

full member

Activity: 196

Merit: 100

For the benefit of medical research

Quote from: CombatVolcano on April 28, 2014, 03:41:23 PM

It is important to be specific.

As advertised "10% Daily" would seem to mean compound interest i.e. each day every day you earn 10% of stake.

That would easily result in extremely massive numbers within months.

Can someone lay it out exactly point by point what the POS for this coin really is in plain terms?

OP says: Block Day 8-17 (POS): Nominal Stake Interest: 10% Daily
That means after 10 days your balance is ... yourcoins * 2.6.

Rainer4256

full member

Activity: 196

Merit: 100

For the benefit of medical research

Quote from: cryptoba on April 28, 2014, 03:38:35 PM

How can it be so difficult to know what is really going on. Huh

It is really annoying all those speculation !!!
YCproject dev just tell us when the 10 % daily are starting ? ( not simply just talking about the distribution )

+1
We want to know it finally!

CombatVolcano

newbie

Activity: 42

Merit: 0

It is important to be specific.

As advertised "10% Daily" would seem to mean compound interest i.e. each day every day you earn 10% of stake.

That would easily result in extremely massive numbers within months.

Can someone lay it out exactly point by point what the POS for this coin really is in plain terms?

cryptoba

sr. member

Activity: 435

Merit: 250

How can it be so difficult to know what is really going on. Huh

It is really annoying all those speculation !!!
YCproject dev just tell us when the 10 % daily are starting ? ( not simply just talking about the distribution )

Rainer4256

full member

Activity: 196

Merit: 100

For the benefit of medical research

Quote from: rudius on April 28, 2014, 03:32:27 PM

Quote from: Rainer4256 on April 28, 2014, 03:29:47 PM

Quote from: Rainer4256 on April 28, 2014, 03:23:44 PM

Quote from: Rainer4256 on April 28, 2014, 03:08:24 PM

Quote from: Rainer4256 on April 28, 2014, 02:58:02 PM

Quote from: Rainer4256 on April 28, 2014, 03:29:47 PM

35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN

This would mean that you will get 10% daily for a year. I think it's rather: coin * 1,0365 + coin * 1.1^8 for one year.

yes it s the annual rate for a year. but it is limited to 10 days. See below :

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;

We have the normal rate for the first 7 days. And from 7 to 18 first days we have the super POS rate, currently setted to 1% daily.

OP says: Block Day 8-17 (POS): Nominal Stake Interest: 10% Daily

Yes and code says otherwise, but you are free to inspect it.

35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN <-- This is wrong!
(1.1^365)/0.0365 = 3.5159... * 10^16

Please this is exactly the same 35159056994887200 = 3.5159... * 10^16

Your last 4 digits are wrong, must be ...6375. But anyway, this number is far too big to be taken seriously.

Sorry if you didn t understand the point. My english is so limited.

But at the end, this is the reason why you are not seing the 10% daily in your wallet. Maybe someone who can understand what i m saying explain to him?

Your English is ok and so is mine. Talking about YC: if 1.1^365/0.0365 is the annual interest rate the result will be ridiculously high. Like I stated before the annual percentage rate must be coin * 1,0365 + coin * 1.1^8 for one year.

rudius

member

Activity: 84

Merit: 10

Quote from: Rainer4256 on April 28, 2014, 03:23:44 PM

Quote from: Rainer4256 on April 28, 2014, 03:08:24 PM

Quote from: Rainer4256 on April 28, 2014, 02:58:02 PM

35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN

This would mean that you will get 10% daily for a year. I think it's rather: coin * 1,0365 + coin * 1.1^8 for one year.

yes it s the annual rate for a year. but it is limited to 10 days. See below :

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;

We have the normal rate for the first 7 days. And from 7 to 18 first days we have the super POS rate, currently setted to 1% daily.

OP says: Block Day 8-17 (POS): Nominal Stake Interest: 10% Daily

Yes and code says otherwise, but you are free to inspect it.

35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN <-- This is wrong!
(1.1^365)/0.0365 = 3.5159... * 10^16

Please this is exactly the same 35159056994887200 = 3.5159... * 10^16

Your last 4 digits are wrong, must be ...6375. But anyway, this number is far too big to be taken seriously.

Sorry if you didn t understand the point. My english is so limited.

But at the end, this is the reason why you are not seing the 10% daily in your wallet. Maybe someone who can understand what i m saying explain to him?

edit : i tried to help. I don t have any YC and will not have it. Way too many premine to be interesting. I m not spreading FUD, the code is from github. Everybody can have a look at it.

tomvalois

full member

Activity: 154

Merit: 100

Quote from: Rainer4256 on April 28, 2014, 03:23:44 PM

Quote from: Rainer4256 on April 28, 2014, 03:08:24 PM

Quote from: Rainer4256 on April 28, 2014, 02:58:02 PM

35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN

This would mean that you will get 10% daily for a year. I think it's rather: coin * 1,0365 + coin * 1.1^8 for one year.

yes it s the annual rate for a year. but it is limited to 10 days. See below :

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;

We have the normal rate for the first 7 days. And from 7 to 18 first days we have the super POS rate, currently setted to 1% daily.

OP says: Block Day 8-17 (POS): Nominal Stake Interest: 10% Daily

Yes and code says otherwise, but you are free to inspect it.

35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN <-- This is wrong!
(1.1^365)/0.0365 = 3.5159... * 10^16

Please this is exactly the same 35159056994887200 = 3.5159... * 10^16

Regardless of whether the numbers are wrong, there must be another issue as well. The reward rate did not change when it was supposed to. It is still rewarding at 0.01% per day (3.65% per year).

Rainer4256

full member

Activity: 196

Merit: 100

For the benefit of medical research

Quote from: Rainer4256 on April 28, 2014, 03:23:44 PM

Quote from: Rainer4256 on April 28, 2014, 03:08:24 PM

Quote from: Rainer4256 on April 28, 2014, 02:58:02 PM

Quote from: Rainer4256 on April 28, 2014, 03:23:44 PM

35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN

This would mean that you will get 10% daily for a year. I think it's rather: coin * 1,0365 + coin * 1.1^8 for one year.

yes it s the annual rate for a year. but it is limited to 10 days. See below :

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;

We have the normal rate for the first 7 days. And from 7 to 18 first days we have the super POS rate, currently setted to 1% daily.

OP says: Block Day 8-17 (POS): Nominal Stake Interest: 10% Daily

Yes and code says otherwise, but you are free to inspect it.

35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN <-- This is wrong!
(1.1^365)/0.0365 = 3.5159... * 10^16

Please this is exactly the same 35159056994887200 = 3.5159... * 10^16

Your last 4 digits are wrong, must be ...6375. But anyway, this number is far too big to be taken seriously.

rudius

member

Activity: 84

Merit: 10

Quote from: Rainer4256 on April 28, 2014, 03:08:24 PM

Quote from: Rainer4256 on April 28, 2014, 02:58:02 PM

35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN

This would mean that you will get 10% daily for a year. I think it's rather: coin * 1,0365 + coin * 1.1^8 for one year.

yes it s the annual rate for a year. but it is limited to 10 days. See below :

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;

We have the normal rate for the first 7 days. And from 7 to 18 first days we have the super POS rate, currently setted to 1% daily.

OP says: Block Day 8-17 (POS): Nominal Stake Interest: 10% Daily

Yes and code says otherwise, but you are free to inspect it.

35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN <-- This is wrong!
(1.1^365)/0.0365 = 3.5159... * 10^16

Please this is exactly the same 35159056994887200 = 3.5159... * 10^16

Rainer4256

full member

Activity: 196

Merit: 100

For the benefit of medical research

Quote from: Rainer4256 on April 28, 2014, 03:08:24 PM

Quote from: Rainer4256 on April 28, 2014, 02:58:02 PM

Quote from: Rainer4256 on April 28, 2014, 03:08:24 PM

35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN

This would mean that you will get 10% daily for a year. I think it's rather: coin * 1,0365 + coin * 1.1^8 for one year.

yes it s the annual rate for a year. but it is limited to 10 days. See below :

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;

We have the normal rate for the first 7 days. And from 7 to 18 first days we have the super POS rate, currently setted to 1% daily.

OP says: Block Day 8-17 (POS): Nominal Stake Interest: 10% Daily

Yes and code says otherwise, but you are free to inspect it.

35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN <-- This is wrong!
(1.1^365)/0.0365 = 3.5159... * 10^16

CombatVolcano

newbie

Activity: 42

Merit: 0

Quote from: ?? on ??

I did everything right for the giveaway, your site registered it, and I left the signature up the entire time, and received no coins. This is a completely unfair distribution.

It's unbelievable that you're not even trying to correct the distribution mistakes, and you took down the distribution page which is super sketchy!

Thanks for wasting my time, removing signature now.

And here all I got to do was mine a few thousand and I'm still interested.

rudius

member

Activity: 84

Merit: 10

Quote from: Rainer4256 on April 28, 2014, 02:58:02 PM