Topic: [ANN][ELE] Elementrem - Smartcontract BlockChain | More Fast, More convenient - page 38. (Read 136208 times)

Again:

So you cant answer the simple question?

Simple question.
Whats the CURRENT total supply of
ELE :
EXP :
ETC :
ETH :

So you cant answer the simple question?

"
Simple question.

total supply is so small that it hardly counts.
It's not appropriate for us to comment on ETH ETC total supply.
but It is appropriate to compare `blocktime, blockreward, uncleblock`

why? amount of `blocktime, blockreward, uncleblock` directly affects the growth of total supply.
but total supply does not affect things like `blocktime, blockreward, uncleblock`

That's the most important blocktime, blockreward, uncleblock for us.
total supply going to be obsolete as time goes on.

Simple questions.
What
1. ELE : blocktime, blockreward, uncleblock ? and how many are generated per minute?
2. EXP : blocktime, blockreward, uncleblock ? and how many are generated per minute?

3.
ELE launched in July 2016
first block    : 2016-07-04 20:49:50 (145 days ago)  http://www.elementrem.net/block/1
current block: 2016-11-27 14:41:17  http://www.elementrem.net/block/893100
4,656,608 ELE was generated for a period of 145 days.

EXP launched in Sep 2015
first block    : 2015-09-14 00:00:48 (441 days ago) http://www.expanse.tech/explorer/tx/1
How many EXP have been created in the meantime; 145 days?

do you know a little bit of math? do you know a little bit of calculation of rate?  
you will not be able to ask above questions if you know something like this.

"

So you cant answer the simple question?

"
Simple question.
Whats the total supply of
ELE :
EXP :
ETC :
ETH :
"

The problem has been corrected at once! Has forgotten to answer immediately.

4 wallet and all "invalid address" ?

I'm really grateful to your work, pool succesfully added to OP, sir.

Hi, dev!
Please add new pool to OP: https://aikapool.com/ele



WELCOME!

oslak-troll

Please Prove yourself
All c-cex users are the first to see this information in their c-cex newsletter email.

The foolish questions.
The matter is of little importance. and total supply is so small that it hardly counts.
It's not appropriate for us to comment on ETH ETC total supply.
but It is appropriate to compare `blocktime, blockreward, uncleblock`

why? amount of `blocktime, blockreward, uncleblock` directly affects the growth of total supply.
but total supply does not affect things like `blocktime, blockreward, uncleblock`

That's the most important blocktime, blockreward, uncleblock for us.
total supply going to be obsolete as time goes on.

Simple questions.
What
1. ELE : blocktime, blockreward, uncleblock ? and how many are generated per minute?
2. EXP : blocktime, blockreward, uncleblock ? and how many are generated per minute?

3.
ELE launched in July 2016
first block    : 2016-07-04 20:49:50 (145 days ago)  http://www.elementrem.net/block/1
current block: 2016-11-27 14:41:17  http://www.elementrem.net/block/893100
4,656,608 ELE was generated for a period of 145 days.

EXP launched in Sep 2015
first block    : 2015-09-14 00:00:48 (441 days ago) http://www.expanse.tech/explorer/tx/1
How many EXP have been created in the meantime; 145 days?

do you know a little bit of math? do you know a little bit of calculation of rate?  
you will not be able to ask above questions if you know something like this.

Mmmmmm too hard? Maybe I'm talking to the atmosphere.

You dont get it.


Simple question.
Whats the total supply of

ELE :
EXP :
ETC :
ETH :

pump comming soon guys 

Sorry, some typo. That's right.
35,000,001 ELE (35 million)

ELE premine - 15 million
EXP premine - 11.1 million

ELE is created approximately "23.07ELE" per minute.
EXP is created approximately "8 EXP" per minute.

We can do it easily math. The ratio effect is easily calculated.
ELE = Premine - 15 million * A * B  = Just 15 million
EXP = Premine - 11.11 Million *A * B = 32.045 million

If you don't understand it, You never know the math.
If you want to understand some this math, I suggest you put some of your own time and effort in.

Mmmmmm too hard? Maybe I'm talking to the atmosphere.

why brackets 3.5m and not 35?

Still trying to confuse people?


Put it simple:

EXP total supply : 14,695,927 EXP
EXP premine:  11 000 000 EXP

ELE total supply: 69 562 407 ELE .. (or 34 562 407 if the burn is correct.
ELE premine : 50 000 000/15 000  000    (depending on burn)


Total supply affects price bigtime. Thats why ELE is worthless... already 69/34 million of them.

Okay, thx for the explanation. I think more updates concerning your work would be more than welcome, as you said you worked hard for two months but followers of this thread don't know that, the more updates you make about your work, more people you'll attract and early supporters won't lose faith.
You are welcome and keep up the good work.

Let's compare a case of ELE,EXP (ethereum clones) to the ETHEREUM.

Ethereum (ETH)
Block Reward: 5
Block Target : almost 13 seconds
It is created approximately "23.07ETH" per minute.

Elementrem (ELE)
Premine - 15 million
Block Reward: 5   (A = Calculated as a ratio of ETH == 1)
Block Target : almost 13 seconds (B = Calculated as a ratio of ETH == 1)
ELE premine address. a748f720f5989f2b541fa9ef3c78236808123635
It is created approximately "23.07ELE" per minute. (1minute=60s / 13s * 5)

Expanse (EXP)
Premine - 11.11 Million
Block Reward: 8   (A = Calculated as a ratio of ETH == 5/8 == 0.625)
Block Target : almost 60 seconds (B = Calculated as a ratio of ETH == 60/13 == 4.615 )
EXP premine address.
0xbb94f0ceb32257275b2a7a9c094c13e469b4563e :  "balance": "10 million"
0x15656715068ab0dbdf0ab00748a8a19e40f28192 :  "balance": "1 million"
0xc075fa11f85bda3aaba67106226aaf086ac16f4e :  "balance": "0.1 million"
0x93decab0cd745598860f782ac1e8f046cb99e898 : "balance": "0.01 million"
It is created approximately "8 EXP" per minute. (1minute=60s / 60s *  8  )

We can do it easily math. The ratio effect is easily calculated.

ELE = Premine - 15 million * A * B  = Just 15 million
EXP = Premine - 11.11 Million *A * B = 32.045 million

It is important to consider the Block Target time and Block Reward and Uncle reward.
and look at ELE block target time. It's fast. you will know what this means. It would be to Uncle reward advantage.

i don't include uncle data in these calculations. if include missing uncle data in these calculations, ELE will have more smaller ratio of premine coin.
ELE has a very very small premine coin.

As I mentioned earlier, https://cointelegraph.com/press-releases/elementrem-enters-next-smartcontract-phase
"but as new types of private networks are created, Blockchain fragmentation increases. The next phase involved the solution concept and high-level design, concentrating on cross-checking transactions between public and private networks. You can accomplish this by discovering and correlating transactions between end points. "

There were two categories in the BlockChain. Public-net & Consortium-net
The hyperledger is typical of Consortium-net. All of these blockchains are available to bridge between the Transactions. I've worked hard for two months on this. I tested a smart contract that consumed very little ELE, which enabled bidirectional verification transactions. They are necessary for world computing but needed only in very small ELE. So I removed as many ELE as possible.
Thanks kaicrypzen, sir

What made you change your mind? Why 35 million (and not 20, 40 or some other number)? Can you please elaborate on the main reasons that pushed you to burn the 35 million (apart from the fears of potential investors)? Thank you very much.