Topic: [ANN][CAGE] CAGECOIN REVIVAL: New difficulty algorithm, network moving again! - page 17. (Read 68686 times)
December 08, 2016, 01:01:50 AM
December 06, 2016, 09:09:33 PM
there have been a solid number of buys on cryptopia litecoin market over the last 6 days...not that much in coinage seeing at cage is at 2 litecoin satoshi's...but still it has been random amounts too 20k around there
December 06, 2016, 09:01:29 PM
how do we arm the other 100% with cagecoin!
November 26, 2016, 12:19:46 AM
never back 
) October 17, 2016, 02:43:40 AM
October 15, 2016, 11:28:42 AM
sometimes they come back ... again!
October 12, 2016, 04:42:51 PM
Cage is back!
September 28, 2016, 03:59:06 PM
3 hours left, message us here and your burns will be honored as long as the block explorer shows them with a timestamp prior to midnight.
September 16, 2016, 01:11:22 PM
I can confirm, they will precisely sending the BARR-s as the cage arrives the burning address!
September 15, 2016, 05:39:09 AM
Well that's pretty cool, we have a smart explorer
September 14, 2016, 06:35:52 PM
UPDATE - Cagechain.info is subtracting the burned coins from the "outstanding" coin supply.
I don't know if the admin added the address or if it was already built-in and subtracted them automatically.
I don't know if the admin added the address or if it was already built-in and subtracted them automatically.
I'm admin - it's just Abe block explorer with custom gui, must have been something that the original dev coded in.
September 14, 2016, 06:21:06 PM
UPDATE - Cagechain.info is subtracting the burned coins from the "outstanding" coin supply.
I don't know if the admin added the address or if it was already built-in and subtracted them automatically.
I don't know if the admin added the address or if it was already built-in and subtracted them automatically.
September 14, 2016, 11:19:50 AM
i selled all Cage. Thks everybody 
September 14, 2016, 08:50:51 AM
1. Why are/were you buying CAGE on an exchange if people are supposed to swap their CAGE for BARR? Are these funds going to be burned too?
We've already burned 5 billion that we bought on exchanges. We will burn everything we buy.
Most people won't take the time to swap for BARR, so they can participate by selling to us.
If they just want to dump and cash out, it's much simpler to dump their CAGE. Otherwise they would just burn it, get the BARR, and then dump the BARR immediately anyway. Either way they get about the same amount of money, since we're swapping BARR at an equivalent value to what the CAGE is selling for.
As always, the coins we buy can never be dumped again because we're burning them. Every other pump must eventually have a dump - people will sell the coins they bought. Only BARR gives you a pump with no dump.
What we're really taking is part of your marketcap; if we burn $5,000 worth of CAGE and issue $5,000 worth of new BARR, then our marketcap goes up by $5,000 and CAGE goes down by $5,000. The price per coin can still stay the same, but we've brought some of your coin supply to our blockchain.
Quote
2. How do we verify that the burn address is unspendable?
Our burn addresses come from this list:
http://earlz.net/view/2014/10/22/0340/provably-spendable-altcoin-burn-addresses
Some explorers recognize these as burn addresses and mark the coins as destroyed.
September 14, 2016, 03:07:14 AM
2. How do we verify that the burn address is unspendable? Based on my (very limited) understanding, a suitable provably unspendable address is one that has a specific sequence of characters that are extremely unlikely (but not totally impossibru) to ever be generated by any given private key. So "DUUhXNEw1bNAMSKgm1Kt2tSPWdzF8952Np" just looks like a normal random address, whereas "xxCaGeBuRnErAlLyOuRcOiNsArEnOwG0N3xxx" would be something that would take an impossibly large amount of time for a vanity key generator to come up with. Happy to be corrected if I'm wrong.
Even this address is normal, after specified period they can be sent to final burning address or even in special way for burning coins without sending to address (OP_RETURN).Understood, but that introduces a level of trust. The receiving address would be the one controlling the burn of funds (including opting to not burn anything), rather than the person sending the funds.
September 14, 2016, 02:47:52 AM
2. How do we verify that the burn address is unspendable? Based on my (very limited) understanding, a suitable provably unspendable address is one that has a specific sequence of characters that are extremely unlikely (but not totally impossibru) to ever be generated by any given private key. So "DUUhXNEw1bNAMSKgm1Kt2tSPWdzF8952Np" just looks like a normal random address, whereas "xxCaGeBuRnErAlLyOuRcOiNsArEnOwG0N3xxx" would be something that would take an impossibly large amount of time for a vanity key generator to come up with. Happy to be corrected if I'm wrong.
Even this address is normal, after specified period they can be sent to final burning address or even in special way for burning coins without sending to address (OP_RETURN). September 14, 2016, 01:29:52 AM
The burn period for Cagecoin has begun, and will end at 23:59 September 28.
Follow the above instructions to participate, and see our ANN for full details:
https://bitcointalksearch.org/topic/ann-barr-the-only-cryptocurrency-where-no-ones-ever-lost-money-1219460
Check the balance of the burn address at this link:
http://cagechain.info/address/DUUhXNEw1bNAMSKgm1Kt2tSPWdzF8952Np
Follow the above instructions to participate, and see our ANN for full details:
https://bitcointalksearch.org/topic/ann-barr-the-only-cryptocurrency-where-no-ones-ever-lost-money-1219460
Check the balance of the burn address at this link:
http://cagechain.info/address/DUUhXNEw1bNAMSKgm1Kt2tSPWdzF8952Np
Hey, just a couple of questions.
1. Why are/were you buying CAGE on an exchange if people are supposed to swap their CAGE for BARR? Are these funds going to be burned too?
2. How do we verify that the burn address is unspendable? Based on my (very limited) understanding, a suitable provably unspendable address is one that has a specific sequence of characters that are extremely unlikely (but not totally impossibru) to ever be generated by any given private key. So "DUUhXNEw1bNAMSKgm1Kt2tSPWdzF8952Np" just looks like a normal random address, whereas "xxCaGeBuRnErAlLyOuRcOiNsArEnOwG0N3xxx" would be something that would take an impossibly large amount of time for a vanity key generator to come up with. Happy to be corrected if I'm wrong.
September 13, 2016, 07:56:09 PM
The burn period for Cagecoin has begun, and will end at 23:59 September 28.
Follow the above instructions to participate, and see our ANN for full details:
https://bitcointalksearch.org/topic/ann-barr-the-only-cryptocurrency-where-no-ones-ever-lost-money-1219460
Check the balance of the burn address at this link:
http://cagechain.info/address/DUUhXNEw1bNAMSKgm1Kt2tSPWdzF8952Np
Follow the above instructions to participate, and see our ANN for full details:
https://bitcointalksearch.org/topic/ann-barr-the-only-cryptocurrency-where-no-ones-ever-lost-money-1219460
Check the balance of the burn address at this link:
http://cagechain.info/address/DUUhXNEw1bNAMSKgm1Kt2tSPWdzF8952Np
September 12, 2016, 04:43:58 PM
Anyway the Cagecoin burn starts in a little over 24 hours.
Send a private message to this account with the number of CAGE you're burning, and your NXT address. (Don't use a NXT deposit address from an exchange.) Then send your CAGE to the burn address.
The burn address is: DUUhXNEw1bNAMSKgm1Kt2tSPWdzF8952Np
When your transaction shows up with confirmations on the block explorer, we will send your BARR to your NXT account.
You will receive 1 BARR for every 500,000 CAGE you burn, which is .00000200 BARR per CAGE.
Send a private message to this account with the number of CAGE you're burning, and your NXT address. (Don't use a NXT deposit address from an exchange.) Then send your CAGE to the burn address.
The burn address is: DUUhXNEw1bNAMSKgm1Kt2tSPWdzF8952Np
When your transaction shows up with confirmations on the block explorer, we will send your BARR to your NXT account.
You will receive 1 BARR for every 500,000 CAGE you burn, which is .00000200 BARR per CAGE.
September 12, 2016, 04:00:08 PM
Code:
COIN = 100 * 1000 * 1000
nSubsidy = 50 * COIN
nHeight = 0
total = 0
while nSubsidy != 0:
nSubsidy = 50 * COIN
nSubsidy >>= nHeight / 210000
nHeight += 1
total += nSubsidy
print total / float(COIN)
If you run this in Python, you will find that the number will not be 21,000,000, and that's according to the code you posted.
It can't be defined in the code as two different numbers, and you keep saying a number that is incorrect, and therefore you are incorrect about what the code says.
I'll wait while you run that program (lol).
Anyway all that is irrelevant, because you're talking about what the supply of bitcoins might be in the future. Nothing you're saying has anything to do with how many bitcoins exist right now.
The number is a fraction of a hair under 21,000,000. Don't be stupid.
We're not talking about what it 'might' be in the future, we are talking about what it is programmed to be right now.
Jump to: