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Topic: [ANN][ERC] EuropeCoin - ONLY PURE PoS - NEXT TO FORK!!! - BITTREX - ShareXcoin - page 31. (Read 123964 times)

member
Activity: 126
Merit: 10

One thing I DON'T know is what happens when you buy coins from someone else, so question to the dev:

Are the PoS times bound to the block creation time or to the transaction time when someone gets coins from a block?

PoS times bounds to txIN time of deposit in your wallet address.

But note that if also make a change address within the wallet, you reset the maturation time count.

So all the big txIN is handled as one not many small pieces -> the interest sum is based on this.

question to the dev:
For the example above: how the result come? Any hints?
member
Activity: 70
Merit: 10
Just 1000 BLOCKS TO PoS stage switch!

Get ready to have a great baghold value.
member
Activity: 70
Merit: 10

One thing I DON'T know is what happens when you buy coins from someone else, so question to the dev:

Are the PoS times bound to the block creation time or to the transaction time when someone gets coins from a block?

PoS times bounds to txIN time of deposit in your wallet address.

But note that if also make a change address within the wallet, you reset the maturation time count.
member
Activity: 126
Merit: 10
Can someone please explain with an example how exactly POS/staking calculation is made and how much interest one can get for owning ERC for a given time?

Example:

Received amount: 100 000 ERC
Received date: 15. May
Stacking date: 19. May - coins owned about 3.5days
Interest rate: 2.5%
Coins not moved during this time.

I tried to understand this stacking thing with my real life wallet, but no success.   Undecided
Am I miss something or does it need maths science degree?

ps: the answer is: 0.80677 but how does it come?

An (oversimplified)  example of how I understand this:

Let's say you're mining at a pool, and after a while you get your first payout of let's say 100 ERC.

These 100 ERC are from a lot of different found blocks, and for each block the pool found you got your mining percentage, let's say 1 coin for ease of computation.

So, your 100 ERC are from 100 different blocks and therefore all have a different age.
This means they mature at different times and you always get only this matured coins into the PoS calculation, NOT all together.

When you wait a bit you'll see more of those 0.something transactions showing up in your wallet.


One thing I DON'T know is what happens when you buy coins from someone else, so question to the dev:

Are the PoS times bound to the block creation time or to the transaction time when someone got coins from a block?



Thank you for the explanation! I did buy the whole sum from an exchange, so assumed to have the same age. I thought all the received amount has the same age counting from receive date.

I did read different wiki about the topics, but must admit, that did not get all. No real calculation example found on the net. :-(
member
Activity: 348
Merit: 10
I would like to become 4C partner.

when I have to send you a screenshot? right away or when 4C will start?

thank you,
regards
member
Activity: 70
Merit: 10
member
Activity: 70
Merit: 10
Here's some screenshot of our store!
We've developed a custom built open cart module for ERC direct payments.

Users will be able to buy digital and concrete goods and services with your own EuropeCoin. Both registered and external customer checkout possibility: this means that you can complete an order without registering, so if you're in hurry or don't wany to be part of our shop db, you will be able to preserve your privacy too. Smiley

However registered customers will be able to receive free discounts coupon and vouchers spendeable in our shop and in any other ERC accepting shop.













We've also in progress to get some prepaid cards for VISA Eur currency, rechargeable directly with your ERC, with a real time converting exchange rate plus a little fee to support our work and charge expenses for VISA circuit.

Youw would say? If you want to become an alternative to Eur why getting involved in the VISA circuit?

The answer is: for mass marketing purposes. Visa credit cards are used by everyone in the world, so this join with ERC/Visa circuit would attract more and more attention on us. Since we DON'T WANT to deviate from our original goal to become a real and strong alternative to EUR some of our team are developing a parallel long term project: the creation and the mass spreading of proper Crypto Credit Cards custom made for EuropeCoin.



Hope you'll enjoy the store coming out soon. The exact store launch day will be announced soon!

Thanks for your interest , faith and support!

Welcome to your best journey into cryptocurrencies. Wink
member
Activity: 126
Merit: 10
Can someone please explain with an example how exactly POS/staking calculation is made and how much interest one can get for owning ERC for a given time?

Example:

Received amount: 100 000 ERC
Received date: 15. May
Stacking date: 19. May - coins owned about 3.5days
Interest rate: 2.5%
Coins not moved during this time.

I tried to understand this stacking thing with my real life wallet, but no success.   Undecided
Am I miss something or does it need maths science degree?

ps: the answer is: 0.80677 but how does it come?



member
Activity: 70
Merit: 10
First airdrop shot has been done:

EfiE6zLExuBEXdQcB2s3FL6nB2ajP9DsS7

ERELbDLthHRZcma6xDPj1wNSupNkwtv6wf

ELv43Ex8XxRqsuN75Y3esLRmNhQuLWwzWd

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member
Activity: 348
Merit: 10
Am I too late for airdrop?

regards
member
Activity: 68
Merit: 10
I've received my 200 ERC airdrop, thanks!  Grin
full member
Activity: 212
Merit: 100
Activity: -42

Sorry to say this so blunt, but you're the first coin dev who is THAT dumb to announce another coin in his main coin thread.

Just when people start to focus in your coin you try to distract them... Roll Eyes

Where's the facepalm-smiley when you need it most?

Delete your postings as long as there are not TOO much replies, and start a new thread.

ARE YOU SERIOUS?

Dead serious!
Focus your advertising to ONE SINGLE product. Marketing basics. Just ask a professional of your choice. Better hire one (not me  Smiley ), it will be money VERY well invested.


Are you ERC holder? why so does this hurts you?

It doesn't hurt me, and you don't have to listen to me. All I want you to do is ask someone you trust with some marketing background, get your ass slapped by him or her and do it right.

And YES, I'm in the top 50 of the ERC holders.

That's why I care.

Please explain  better why should 4C go against ERC itself.
ms that ERC users disagree..


It does not go AGAINST ERC, it distracts from it.

It's like placing a car advertising in the middle of a laundry detergent ad.

member
Activity: 70
Merit: 10




CRYPTO CREDIT CARD COIN [4C] - A SIDE-PROJECT OF ERC!


Marketing fail. HUGE fail.

Sorry to say this so blunt, but you're the first coin dev who is THAT dumb to announce another coin in his main coin thread.

Just when people start to focus in your coin you try to distract them... Roll Eyes

Where's the facepalm-smiley when you need it most?

Delete your postings as long as there are not TOO much replies, and start a new thread.



ARE YOU SERIOUS?

This is a side-project, pure POS with free distribution, parallel to ERC project which is gonna reward di ERC holders and supporters? Where is the problem?

We ARE NOT MAKING A NEW INDEPENDENT ALTCOIN, we're developing new branches of ERC application and spreading. Where's your problem again?

Are you ERC holder? why so does this hurts you?

You are not an ERC holder? well you can also apply for the pos distribution, don't see any problem, again.

Please explain  better why should 4C go against ERC itself.

The 4C thread has been done, so the post here was just a preview to ERC users. Don't seems that ERC users disagree..

full member
Activity: 247
Merit: 100
O__o
Add me pls, i have lot of ERC
sr. member
Activity: 910
Merit: 260
hello i am still waiting for the airdrop ....
my europe coin wallet EMU3AntjKVxoB3nK9nsN8cFcieF4pkBgC6
sr. member
Activity: 404
Merit: 250
Beware
Hey!

Pls add me too for the 4C card. I`m a part of the IPO and have bought a lot of ERC.
member
Activity: 112
Merit: 10
I want to be the first supporter and holder of 4C Smiley
Please, add me to the list. I already have a lot of ERC.
member
Activity: 70
Merit: 10




CRYPTO CREDIT CARD COIN [4C] - A SIDE-PROJECT OF ERC!

Dear ERC users, supporters and Investors, I'm glad to annouce the imminent start of CRYPTO CREDIT CARD COIN!

What is this?

4C (called so since now due to reading pleasure) is a side project of EuropeCoin Development Team.
We thought about this to incentivize the use and the holding of ERC in the long term view, especially in the low stake insterest rate, from the 5th week and on.

How does it works?

4C is a pure PoS, with fast halving stake interest rate. The initial stake interest  rate will be of 50% for the first three days, with a minimum maturation nage of 24h per coin.
From 3rd day to 6th day stake interest will decrease to 25%.
From day 7 to day 10 interest will halves to 12,5%.
Then from day 11 interest will be fixed at 2,5%.

How many 4C will be available and how they will be distribute?

Total amount of coins still has to be locked, but we aim to set it around 100M.

They will be all free distribute! With a special regards to actual ERC users and investors.

How can I apply for the coins distribution?

You can apply here in the thread by posting a request to be a partner of our 4C project. NO WALLET ADDRESSES.

HOW MANY COINS I CAN GET FROM 4C?

DISTRIBUTION SYSTEM WILL WORK AS DESCRIBED ABOVE:

ERC USERS(75% of the distribution):

If you are already an ERC user, supporter or Investor you just need to proof that you own a ERC wallet address with a POSITIVE BALANCE OF AT LEAST 1000 ERC.
You can make a screenshot and PM us or contact in private for further verification methods.

You will receive an amount of 4C equal to the percentual amount of ERC coins owned when 4C will be launched.

To explain it clearer let's make an example: at 4C launch there will be 200M ERC (just example!) of total coin in circulation. If you own 2M then you own the 1% of the total coins amount. So you can reclaim 1% of the total amount of coins available for ERC users distribution. If you own the 0,034% of the total amount of ERC you will be able to apply and receive a max of 0,034% of 4C available for ERC users distribution. And so on.

Non-ERC Users:

If you are not an ERC user or you don't have at least 1k ERC in you wallet address you can however apply for coins distribution. Obviously the payout will be considerable lower, but alway worth of it Wink


Just post in the main thread an wait till launch day when wallets will be available. When you will have your 4C wallet address available just send us a PM with "4C POS DISTRIBUTION" subject and your address. AS EVER WE RECCOMEND NOT POSTING ANY WALLET ADDRESS ON THIS THREAD! Wink

For the first 100 ERC bagholders we're gonna stamp proper (recycled) plastic card that will function as a paper wallet, but with the feelings of a credit card! Smiley

Hope you'll enjoy this promo to our supporters!
sr. member
Activity: 295
Merit: 250
member
Activity: 126
Merit: 10
What is the current staking interest rate? 10%
How much do you guys receive as an interest for 100kERC about?
I got 0.806ERC, but expected more.  Huh




Coin needs to stay in the wallet at least 72h before starting staking. This amount is cause you're generating interest only on a part of your coins and not for every coin in your wallet, since very probably you moved them or received less than 72h ago.

PM sent with transaction details.
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