Zimstake has been added to AllCrypt.com! Heard about this coin through the grapevine and we like what it looks like and it deserves to be on a strong exchange.
Hope to see you all there!
Topic: [ANN] Zimstake (ZS) - PURE POS - No IPO / PreMine - SHA-256 - page 108. (Read 152407 times)
Less than 1400 blocks of POW remaining. Get in while you can.
BUY! BUY ! BUY !!
Block 10,512 has been mined, no further entries will be accepted into the contest!
You can see the final list of entries here
Now it's time to hurry up & wait until POW ends!
You can see the final list of entries here
Now it's time to hurry up & wait until POW ends!
my guess: 3.993.850
Peeps, please stop adding addresses in posts, might get
the thread locked.
my guess: 3.993.850
E2orRPPmH3B9xKdqFYAGsBoo5ntEGhWuti
E2orRPPmH3B9xKdqFYAGsBoo5ntEGhWuti
if we only mine 4 million coins during POW..we will only see 480000 coins minted this year..and then 537000 the year after that..bring us up to 5 million coins in two years of minting...and then from there we will get 600000 minted coins on the third year bringing our total up to 5600000 after 3 full years of minting..
and thats if everyone mints the whole time...really not a very fast minting process even though the 12% makes it seem like it is
and thats if everyone mints the whole time...really not a very fast minting process even though the 12% makes it seem like it is
The Work:
Proof of Work:
- Algo: SHA-256
- Block reward: 512 ZS
- Max height: 12512 (a little over 8.5 days)
- Total POW Coins: 6.406.144 (6.4 million or so)
Proof of Stake
- Stake Interest: 12% annually (FOREVER!!)
- Min stake age: 12 hours, no max age
- Total Coins: 60 - 70 million after 10 years
Apologies if this has already been answered, but can you explain how this will work?
Doesn't the PoS element mean that you cannot set a total coin number? As you will (potentially) be creating some millions of coins in stake interest every year "FOREVER"?
This is true, we cannot set a total coin number, due to POS. However, what we are placing guesses on is what the total coin supply will be once the POW stage of this coin is over (which is block 12512). Basically we are guessing how many coins there will be at block # 12512.
Yes, I understand what the current guessing game is about ...
my question was really about the original specifications of the coin, and what the PoS element means to the the total coin number? 12% is quite a high rate of return! And one that I would expect to significantly influence any purchase decisions.If ZS ends up with under 4 million coins once PoW has finished,
it's a very small number when you compare other now pure PoS
coins.
There is BlackCoin with 75M and just 1%, CinniCoin with 15M at
3.5%. And then the other end of the scale MintCoin with 19B
with 20% variable that ends up at 5% after 4 years with a cap
of 70B.
There are coins which are still PoW/PoS, TEK coin has 40% with
a cap of 100M. Or HoboNickels with 2% every 10 days with a cap
of 120M and currently has over 3M coins, not sure about TEK.
Also a large amount of coins will likely sit on exchanges so won't
even be minting coins!
Block 10,512 has been mined, no further entries will be accepted into the contest!
You can see the final list of entries here
Now it's time to hurry up & wait until POW ends!
You can see the final list of entries here
Now it's time to hurry up & wait until POW ends!
My guess
3654862
Address: DyggfpK2YbR5eqb4Uz2qVbviQxgQGhSfEh
3654862
Address: DyggfpK2YbR5eqb4Uz2qVbviQxgQGhSfEh
alrighteeee
My guess
3654862
Address: DyggfpK2YbR5eqb4Uz2qVbviQxgQGhSfEh
3654862
Address: DyggfpK2YbR5eqb4Uz2qVbviQxgQGhSfEh
The Work:
Proof of Work:
- Algo: SHA-256
- Block reward: 512 ZS
- Max height: 12512 (a little over 8.5 days)
- Total POW Coins: 6.406.144 (6.4 million or so)
Proof of Stake
- Stake Interest: 12% annually (FOREVER!!)
- Min stake age: 12 hours, no max age
- Total Coins: 60 - 70 million after 10 years
Apologies if this has already been answered, but can you explain how this will work?
Doesn't the PoS element mean that you cannot set a total coin number? As you will (potentially) be creating some millions of coins in stake interest every year "FOREVER"?
This is true, we cannot set a total coin number, due to POS. However, what we are placing guesses on is what the total coin supply will be once the POW stage of this coin is over (which is block 12512). Basically we are guessing how many coins there will be at block # 12512.
Yes, I understand what the current guessing game is about ...
my question was really about the original specifications of the coin, and what the PoS element means to the the total coin number? 12% is quite a high rate of return! And one that I would expect to significantly influence any purchase decisions. Block 10,512 has been mined, no further entries will be accepted into the contest!
You can see the final list of entries here
Now it's time to hurry up & wait until POW ends!
You can see the final list of entries here
Now it's time to hurry up & wait until POW ends!
Game on!
BUY BUY BUY!
Block 10,512 has been mined, no further entries will be accepted into the contest!
You can see the final list of entries here
Now it's time to hurry up & wait until POW ends!
You can see the final list of entries here
Now it's time to hurry up & wait until POW ends!
Game on!
Block 10,512 has been mined, no further entries will be accepted into the contest!
You can see the final list of entries here
Now it's time to hurry up & wait until POW ends!
You can see the final list of entries here
Now it's time to hurry up & wait until POW ends!
The Work:
Proof of Work:
- Algo: SHA-256
- Block reward: 512 ZS
- Max height: 12512 (a little over 8.5 days)
- Total POW Coins: 6.406.144 (6.4 million or so)
Proof of Stake
- Stake Interest: 12% annually (FOREVER!!)
- Min stake age: 12 hours, no max age
- Total Coins: 60 - 70 million after 10 years
Apologies if this has already been answered, but can you explain how this will work?
Doesn't the PoS element mean that you cannot set a total coin number? As you will (potentially) be creating some millions of coins in stake interest every year "FOREVER"?
This is true, we cannot set a total coin number, due to POS. However, what we are placing guesses on is what the total coin supply will be once the POW stage of this coin is over (which is block 12512). Basically we are guessing how many coins there will be at block # 12512.
PoW ends very soon with around 4.25 million coins in circulation. A market cap of around 200k means that one ZS is 10k sat. Lesser coins have easily reached this target.
If you have btc dust, go place a bid at bittrex, scifi-ex or allcoins. The yields could be significant.
If you have btc dust, go place a bid at bittrex, scifi-ex or allcoins. The yields could be significant.
Agreed. At current prices ZS has a market cap of only around 40 BTC, less than $20k. It is SUPER cheap right now.
PoW ends very soon with around 4.25 million coins in circulation. A market cap of around 200k means that one ZS is 10k sat. Lesser coins have easily reached this target.
If you have btc dust, go place a bid at bittrex, scifi-ex or allcoins. The yields could be significant.
If you have btc dust, go place a bid at bittrex, scifi-ex or allcoins. The yields could be significant.
CinniCoin is trading at that price with 15 million, so will be interesting
to watch once it's pure PoS and hits some bigger exchanges!
Exactly. Cinni's current market cap is 650k. IF ZS reached that, one coin would be worth around 33k sat! LOL.
ZS doesn't even need to reach those lofty heights to yield excellent ROI for people buying in now. 1k sat to 10k? Easy. 900% gains is conservative.
And my guess: 3,924,245
PoW ends very soon with around 4.25 million coins in circulation. A market cap of around 200k means that one ZS is 10k sat. Lesser coins have easily reached this target.
If you have btc dust, go place a bid at bittrex, scifi-ex or allcoins. The yields could be significant.
If you have btc dust, go place a bid at bittrex, scifi-ex or allcoins. The yields could be significant.
CinniCoin is trading at that price with 15 million, so will be interesting
to watch once it's pure PoS and hits some bigger exchanges!
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