Topic: [ANN][BOS] 🔹🔹 BOScoin 🔹🔹 Self-Evolving Cryptocurrency Platform🔹🔹 - page 58. (Read 227620 times)

so over 1.3m tokens minted on a daily bases, I don't know if this is a good thing or a bad thing?  Would this not inflate the price?

To answer your questions about the amount of BOS that is being generated; there are basically three ways in which new BOS is generated, but first we need to know that a block is confirmed approximately every 5 seconds. So roughly 720 blocks are confirmed in an hour, or 17,280 blocks in a day. Now we can start calculating how much BOS will be generated per day.

1. Freezing rewards
5,400 BOS are generated every 720 blocks (= 1 hour).
5,400 BOS * 24 hours = 129,600 BOS per day.
Freezing rewards diminish with 5% each 6,311,520 blocks (= 1 year). The rewards end after 372,379,680 blocks (= 59 years).

2. Confirmation rewards
18 BOS are generated every block (= 5 seconds).
18 BOS * 720 blocks (= 1 hour) * 24 hours = 311,040 BOS per day.
Confirmation rewards diminish with 6.31% each 6,311,520 blocks (= 1 year). The rewards end after 807,874,560 blocks (= 128 years).

3. Commons budget growth
50 BOS are generated every block (= 5 seconds).
50 BOS * 720 blocks (= 1 hour) * 24 hours = 864,000 BOS per day.
Commons budget growth ends after 37,869,120 blocks (= 6 years).

This means that 1,304,640 BOS will be generated on a daily basis during the first year. When the years pass, less and less BOS will be generated because of the diminishing factors and because of generation end dates.

Keep in mind that the biggest part of those generated BOS is locked up in the commons budget. The rest of the generated BOS are divided over all stake holders (= people who freeze at least 10,000 BOS and people who run a node (= freeze at least 40,000 BOS)). More information can be found in the white paper.

Cheap masternodes on sale! Buy while u still can.

Currently there is no way to know how much rewards one will receive running a node until mainnet is launched.

Based on wallet balances, the https://bosradar.com reward calculator shows below rewards per day.
26.11 BOScoins in confirmation rewards
98.41 BOScoins in transaction rewards
40.39$ Per day earning

When will the main net be released?
Can I find on GitHub?

Anyway, the present price is only less than 1/10 of the peak price. A lot of investors are bleeding.

No, it's the total creation for all node per day, i'm not stupid.
311040 BOS per day as you say, i'm just confirming.

you think your going to generate 311 bos per 1 node per day?  Lol, obviously no one knows how to officially calculate the rewards yet.

based on one node is 26.11 BOScoins in confirmation rewards and  98.41 BOScoins in transaction rewards

Can Dahemmer estimate how many BOS are generated per day in total through Node and Freezing rewards?

I've bought my node today ! Now, we wait.
311.040BOS per day seem to be correct at launch :

so 86,400 seconds in each day / 5 seconds per block = 17,280 Blocks created daily

17,280 blocks created per day X 18 BOS per block = 311,040 BOS per day?

311,040 boscoins are created every day?  is this accurate or correct? this seems like a lot of BOS to be created every day?

If I remember correctly, it was 18 BOS 1 block. and block time is 5 seconds.

You still have may for the mainnet and there may even be slight delays further.Holding 40k bos is a dream for now and this would be even better after the mainnet.

Once the Mainnet is launched approx how many boscoins are created per every block found?

I'm keeping 40,000 Bos and waiting for the mainnet. DEV please hurry up slightly, this project is too slow compared to similar projects

There will be more marketing initiatives, especially when approaching MainNet launch. I can only advise to follow the official media channels to stay up to date and get the latest news as soon as it's released.

As for GitHub activity, MainNet development is being done on a private repository which will be made public once the TestNet launches (end of March). As said in one of the AMA videos:


I understand that you think NDAs are "bla-bla", but it is what it is and the team / exchanges have reasons to sign such an NDA, preventing them from disclosing specific information.
Unfortunately, I don't know which exchange will be next and when we are going to get listed, no new updates have been announced since the KuCoin listing.

Here is official boscoin wallet.
https://wallet.boscoin.io/
Click generator you will get the wallet address & privatekey.Save this. After sending more than 0.1 BOScoin you can open the wallet

Wow this is a very interesting concept. the congressional portion of the process could be good or bad.. will be following this.

While there is no MainNet. Until MainNet starts working, the Boscoin coin has no reason for its high cost. Without the current MainNet, the Boscoin coin is just a Stellar token. Without a MainNet worker, the Boscoin coin is a way for fast transactions. But the Stellar coin, unlike BosCoin, is more convertible and has its own platform. And the MainNet platform is the perspective of BosCoin. And the opening of this promising platform BosCoin was transferred already 2 (esle no more) times. Where is the guarantee that in May the developers of BosCoin will not say that the launch of MainNet is postponed for several more months, for example, until October). And more detail about their achievements, the developers of BosCoin do not want - this is a great secret (as a military secret). Now the information from developers is so necessary. More evidence of their success is needed. But over the price of BosCoin, someone is working. The price falls all the time. Less and less people trust them. More and more BosCoin sell. The volume of trade on the stock exchange has increased 2 times and this is not because of interest in the coin, but because the price of Boscoin and investors sell this coin.
I will speak for myself ... I used to think that BosCoin is the best project, but now I doubt it. If the price falls below $ 0.30, then I will sell the coins and forget about this project. I'm sorry that I did not sell them for $ 1, sorry that I did not sell at $ 0.60. But I do not want to wait until the coins turn into dust! I waited for the price of BosCoin to be at least $ 2, but now I do not believe in it.

Im a proud BOS HODL-er my friend, dont judge people, this is not a troll-box.

bulalex16, rocto and several others are conducting aggressive campaigns of valuable manipulation and creating FUD. Beware of them and be vigilant.

Uh, candy wrappers like as: TRON, VeChain, Aeternity, Revain... and the entire league of others tokens - programming is not fast food ;P

what list? I don't see any way or method to return any list.. all I see is a bad model of the top 10 holders - Link above just takes you to bosradar homepage..?