[ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 544.

sambiohazard

hero member

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Quote from: calaber24p on December 29, 2015, 05:02:10 PM

10% premine and 4% airdrop. Why would anyone reputable want to get involved in this? Stinks of a scam.

its 8% premine half of it goes to devs as they have worked for 3 years to get everything ready with all features listed already done & 4% goes first 5K people who signup for airdrop to get good early distribution. and 10% of every block's reward goes to a dev fund for future updates & maintenance.

calaber24p

full member

Activity: 156

Merit: 100

If this is life , then I prefer death !

4% premine and 4% airdrop with developers taking 10% from every block reward. Why would anyone reputable want to get involved in this? Stinks of a scam.

edited amounts

sambiohazard

hero member

Activity: 840

Merit: 1000

Quote from: Justicemaxx on December 29, 2015, 03:47:56 PM

Quote from: sambiohazard on December 29, 2015, 02:48:32 PM

As I said block time is 5 mins & there is no halving, its a smooth curve for reward reduction & table lists approx. coin at end of each year starting from premine amount to 21 million coins. So there is no exact amount of coins in a block but they decrease slightly over time from starting reward. You can click the MC2 link to see details about how that curve is calculated & other details of mining/staking. I was in a bad mood, sorry for being rude but still i will say please do read old post & links. Go to point iii in that pdf that is linked.

Now it is clear. Thank you. I will wait for and support as I can. Now write in the Russian-speaking branch time information block, and the block size, but it does not clear it. Usually such information is written on the first page...)

I agree i think its time for an update to ann with a FAQ section @decred.

Justicemaxx

hero member

Activity: 616

Merit: 500

Quote from: sambiohazard on December 29, 2015, 02:48:32 PM

As I said block time is 5 mins & there is no halving, its a smooth curve for reward reduction & table lists approx. coin at end of each year starting from premine amount to 21 million coins. So there is no exact amount of coins in a block but they decrease slightly over time from starting reward. You can click the MC2 link to see details about how that curve is calculated & other details of mining/staking. I was in a bad mood, sorry for being rude but still i will say please do read old post & links. Go to point iii in that pdf that is linked.

Now it is clear. Thank you. I will wait for and support as I can. Now write in the Russian-speaking branch time information block, and the block size, but it does not clear it. Usually such information is written on the first page...)

Netnox

legendary

Activity: 2044

Merit: 1008

Hi, as an url for reasonable activity on the website i just submitted my bct profile link, i'm very active in this space and social media. Is my profile link enough, because how are you going to identify the link someone posts on your website is truly that person?

I like what i see and the idea of airdrop/PoA, getgems has an inbuild airdrop system which has proven to boosts userbase and activity signifantly, watching this.

Rols

hero member

Activity: 636

Merit: 500

It looks interesting but the 10 % is to huge. That will probably kill the coins value and make it harder to get on exchanges. There are many coins already out there and asking for a lot of money to develope a new coin is hard. Well I keep my eyes on it to see if its turns to scam or make it. There has to be more than an algo to get a value to it.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: sambiohazard on December 29, 2015, 02:48:32 PM

Quote from: Justicemaxx on December 29, 2015, 02:33:02 PM

Quote from: sambiohazard on December 29, 2015, 01:04:11 PM

I will spoon feed some info to you here but please at least do a search of this thread or look a few pages back. block time is 5 mins
https://bitcointalksearch.org/topic/m.13362973

Thanks, I have skimmed through this table, it is not immediately clear what time will the block and how many coins will be in the block.

As I said block time is 5 mins & there is no halving, its a smooth curve for reward reduction & table lists approx. coin at end of each year starting from premine amount to 21 million coins. So there is no exact amount of coins in a block but they decrease slightly over time from starting reward. You can click the MC2 link to see details about how that curve is calculated & other details of mining/staking. I was in a bad mood, sorry for being rude but still i will say please do read old post & links. Go to point iii in that pdf that is linked.

^^^Bump to the OP.

sambiohazard

hero member

Activity: 840

Merit: 1000

Quote from: Justicemaxx on December 29, 2015, 02:33:02 PM

Quote from: sambiohazard on December 29, 2015, 01:04:11 PM

I will spoon feed some info to you here but please at least do a search of this thread or look a few pages back. block time is 5 mins
https://bitcointalksearch.org/topic/m.13362973

Thanks, I have skimmed through this table, it is not immediately clear what time will the block and how many coins will be in the block.

As I said block time is 5 mins & there is no halving, its a smooth curve for reward reduction & table lists approx. coin at end of each year starting from premine amount to 21 million coins. So there is no exact amount of coins in a block but they decrease slightly over time from starting reward. You can click the MC2 link to see details about how that curve is calculated & other details of mining/staking. I was in a bad mood, sorry for being rude but still i will say please do read old post & links. Go to point iii in that pdf that is linked.

Justicemaxx

hero member

Activity: 616

Merit: 500

Quote from: sambiohazard on December 29, 2015, 01:04:11 PM

I will spoon feed some info to you here but please at least do a search of this thread or look a few pages back. block time is 5 mins
https://bitcointalksearch.org/topic/m.13362973

Thanks, I have skimmed through this table, it is not immediately clear what time will the block and how many coins will be in the block.
To clarify, this is now "block_subsidy *= 100" - in the block will be 100 coins? Or have I misunderstood? But even with this information, the question is: "Year Coin supply Inflation
1 470426769731536 180.015934364
2 725516828588937 54.2252429646 - "470426769731536" - what is that figure? This is the number of coins per year? Just can't understand this simple thing. A very large figure, as it relates to 21 million coins?

Wheatclove

hero member

Activity: 606

Merit: 500

Would be cool if this coin didn't get listed on an exchange for a few months after launch. I think it would even the playing field for those with GPU farms who mine solely for an ROI and those of us with only a single GPU.

sambiohazard

hero member

Activity: 840

Merit: 1000

Quote from: Justicemaxx on December 29, 2015, 12:47:10 PM

And again: know what time between blocks will be in the network? And how many coins in a block? How will they recount the difficulties?

I will spoon feed some info to you here but please at least do a search of this thread or look a few pages back. block time is 5 mins

https://bitcointalksearch.org/topic/m.13362973

sambiohazard

hero member

Activity: 840

Merit: 1000

I would say to everyone that be cautious and ignore FUD without facts. Take every bit of info with a grain of salt & wait till source code & working binaries come out. No one is asking you for money so even if it is a scam only ignorant & greedy will loose by not being cautious. Based on info i have right now i believe devs more than Fudders who have not checked their facts & just making a post in hope that if this turns out to be a scam they can get bragging rights of "told you so, i am so clever". Other group is just dishonest/shitty journalism, again without checking facts. Some people have made honest attempts by asking the right questions & are satisfied with good detailed answers in this thread.

I like the idea and trust the competency of devs, but i will wait till things start working. I hope others will do the same & weigh the risk/reward before investing time/money.

Justicemaxx

hero member

Activity: 616

Merit: 500

And again: know what time between blocks will be in the network? And how many coins in a block? How will they recount the difficulties?

hugs1BTC

sr. member

Activity: 350

Merit: 250

Can't wait to see how it goes

pa

hero member

Activity: 528

Merit: 501

Quote from: iCEBREAKER on December 29, 2015, 12:16:56 PM

Quote from: decred on December 29, 2015, 10:44:29 AM

Quote from: pa on December 29, 2015, 10:33:11 AM

Cointelegraph article "Decred: An Innovative Cryptocurrency or a Well Arranged Scam?": http://cointelegraph.com/news/115972/decred-an-innovative-cryptocurrency-or-a-well-arranged-scam

Saw that earlier. Pretty saddened by the fact that the article is generally positive but all the quotes are quite hateful. ETH, NXT, and BitNation (Swarm too) with so much fire from out of nowhere. Very surprising since Decred isn't taking any money from anyone, but all those projects did before code was even written - and yet Decred is the scam. Really don't want to be a dick about it, but that was quite harsh, especially without talking to anyone involved in the project or the community forming here for example.

You must understand CoinTelegraph is a scam pushing outfit affiliated with DASH and Bytecoin type shitcoins.

CT hates and fears the possibility of a legitimate POS coin emerging to compete with the trash they advertise via sponsored content.

When CoinMarketCap (CT's main traffic generator) lists XDC, they will annotate it with the **premined mark of shame, something they refuse to do for Darkcoin despite it having a much higher percentage generated in the first 48 hours of its earlier-than-announced ninja launch.

The FUD continues: https://www.reddit.com/r/Bitcoin/comments/3ynf0v/psa_there_is_a_new_scamcoin_called_decred_which/

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: sambiohazard on December 29, 2015, 10:10:35 AM

I hope this one is dead. Although you can talk to 1Lef Tongue

[ANN][XDC] Xedoscoin Skein-SHA2 - (POW) for Car Enthusiasts
https://bitcointalksearch.org/topic/annxdc-xedoscoin-skein-sha2-pow-for-car-enthusiasts-445651

I too thought XDC is good but.....

That coin trades nowhere, so its ticker is irrelevant.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: decred on December 29, 2015, 10:44:29 AM

Quote from: pa on December 29, 2015, 10:33:11 AM

Cointelegraph article "Decred: An Innovative Cryptocurrency or a Well Arranged Scam?": http://cointelegraph.com/news/115972/decred-an-innovative-cryptocurrency-or-a-well-arranged-scam

Saw that earlier. Pretty saddened by the fact that the article is generally positive but all the quotes are quite hateful. ETH, NXT, and BitNation (Swarm too) with so much fire from out of nowhere. Very surprising since Decred isn't taking any money from anyone, but all those projects did before code was even written - and yet Decred is the scam. Really don't want to be a dick about it, but that was quite harsh, especially without talking to anyone involved in the project or the community forming here for example.

You must understand CoinTelegraph is a scam pushing outfit affiliated with DASH and Bytecoin type shitcoins.

CT hates and fears the possibility of a legitimate POS coin emerging to compete with the trash they advertise via sponsored content.

When CoinMarketCap (CT's main traffic generator) lists XDC, they will annotate it with the **premined mark of shame, something they refuse to do for Darkcoin despite it having a much higher percentage generated in the first 48 hours of its earlier-than-announced ninja launch.

sambiohazard

hero member

Activity: 840

Merit: 1000

Quote from: sp_ on December 29, 2015, 11:54:46 AM

oops. The numbers are for 8 rounds of blake and not 14 rounds.

but numbers for 14 round blake will be around those, maybe a little lower, right? Also should those hashrates for 970/960 be in ghash?

sp_

legendary

Activity: 2926

Merit: 1087

Team Black developer

oops. The numbers are for 8 rounds of blake and not 14 rounds.

sambiohazard

hero member

Activity: 840

Merit: 1000

Quote from: sp_ on December 29, 2015, 11:48:44 AM

Free gpu miner for NVIDIA cards:

release 77++ (git)

980ti: 4.1GHASH
980: 3.05GHASH
970: 2,63MHASH
960: 1,71MHASH
750ti: 930MHASH

ccminer -a blake

1.5.77(sp-MOD) is available here: (20-dec-2015)

https://github.com/sp-hash/ccminer/releases/

The sourcecode is available here:

https://github.com/sp-hash/ccminer

Thanks sp_ i hope you get some donations and some kind of bounty from devs. I will surely donate once i mine some decred

Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 544. (Read 1201332 times)