[ANN][Jack] ★★★ BlackJack ★★★| PoS/PoW | Innovative hybrid algorithm - page 21.

Godson_Mansa

hero member

Activity: 616

Merit: 503

@Mansa_Godson

dev reduce your premine or this coin is dead

here are options

1. Burn Them
2. Airdrop
3. Use them to advance the coin immediately
4. Give them to people who showed faith in your coin and mined

you're not a noob dev you've launched another coin before in 2014 you know how this works.
do something quick or this coin dies and you've wasted money on that website and shit.

mmboulhosa

full member

Activity: 140

Merit: 100

★YoBit.Net★ 350+ Coins Exchange & Dice

Code:

// miner's coin base reward
int64_t GetProofOfWorkReward(int64_t nFees)
{

    int64_t nSubsidy = 21 * COIN;

    if(pindexBest->nHeight < 1)
    {
        nSubsidy = 210000 * COIN;
    }

    if (fDebug && GetBoolArg("-printcreation"))
    printf("GetProofOfWorkReward() : create=%s nSubsidy=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nSubsidy);
    
    return nSubsidy + nFees;

}

210000 premine without giving a reason?

kondiomir

legendary

Activity: 1568

Merit: 1000

Twitter @Acimirov

As I'm sayng...

ocminer

legendary

Activity: 2688

Merit: 1240

Hmm, looks like the dev searched & replaced a bit too much ?

The "Zerocoin" directory is called "BlackJack" now:

https://github.com/BlackJackDev/BlackJack/tree/master/src/BlackJack

(In comparison here from a regular coin:)

https://github.com/exclusivecoin/Exclusive/tree/master/src/zerocoin

Even the files inside that dir where renamed, including the comments:

https://github.com/BlackJackDev/BlackJack/blob/master/src/BlackJack/BlackJackTest.cpp#L4

Original:

https://github.com/exclusivecoin/Exclusive/blob/master/src/zerocoin/ZeroTest.cpp#L4

Quite funny

Whats that ?! 21000% POS Interest ?

https://github.com/BlackJackDev/BlackJack/blob/master/src/main.cpp#L994

The premine is huge, but we know that already:

https://github.com/BlackJackDev/BlackJack/blob/master/src/main.cpp#L970-L974

rossr1

sr. member

Activity: 363

Merit: 250

Quote from: ASICrefugee on March 26, 2016, 04:52:29 AM

Top 10 Wallets from the Richlist:

1 9mx73ZzkcZPNepNxNtXsHuezfRMFSp5ShS 254105.96952000 97.90
2 9no18r3jtr4QL92kAHBVVcCZNVwE7DADh4 859.54806000 0.33
3 9quY9UYmfkLwAnkdtVaVwrJCJqBRwZ4Rpq 826.08671024 0.32
4 9pQgQhTh9QKArAJQ9dVFH36E85Bz152w3S 785.44729301 0.30
5 9VkpCgDSc2cynR4Gyzuy5WC7tqV2VwqJn2 784.17213000 0.30
6 9qNLay3UuJDwacSmVb1xd9i2SaafdV5Vsd 552.12090257 0.21
7 9aSbJPvDHF6n7n6p2rqexGPD3dGHAoD62K 545.29012678 0.21
8 9fTVx61vjoJxr9BzNfrd55cw6wi2s18cDt 462.00030000 0.18
9 9bxeVkbvFBodLgWCJHdzZEYdbCU1oXYzjj 391.02049000 0.15
10 9i6RBQQgSRTjRhUhfVbujEYVcSF8ebhoww 65.51884400

97.9% - Does anyone think that might be the dev's wallet? Grin

wow! dev is gonna be rich lol Grin

ASICrefugee

sr. member

Activity: 432

Merit: 250

Top 10 Wallets from the Richlist:

1 9mx73ZzkcZPNepNxNtXsHuezfRMFSp5ShS 254105.96952000 97.90
2 9no18r3jtr4QL92kAHBVVcCZNVwE7DADh4 859.54806000 0.33
3 9quY9UYmfkLwAnkdtVaVwrJCJqBRwZ4Rpq 826.08671024 0.32
4 9pQgQhTh9QKArAJQ9dVFH36E85Bz152w3S 785.44729301 0.30
5 9VkpCgDSc2cynR4Gyzuy5WC7tqV2VwqJn2 784.17213000 0.30
6 9qNLay3UuJDwacSmVb1xd9i2SaafdV5Vsd 552.12090257 0.21
7 9aSbJPvDHF6n7n6p2rqexGPD3dGHAoD62K 545.29012678 0.21
8 9fTVx61vjoJxr9BzNfrd55cw6wi2s18cDt 462.00030000 0.18
9 9bxeVkbvFBodLgWCJHdzZEYdbCU1oXYzjj 391.02049000 0.15
10 9i6RBQQgSRTjRhUhfVbujEYVcSF8ebhoww 65.51884400

97.9% - Does anyone think that might be the dev's wallet? Grin

shimlbit

legendary

Activity: 1302

Merit: 1001

http://www.explorer.blackjack.cf/address/9mx73ZzkcZPNepNxNtXsHuezfRMFSp5ShS

dev address

got 40k more

r.i.p dudes

caffbf89e3540718c690fdb17e03a667ac8aa8bdbc63bee67e5071e2d8c1376f

this was just one pos block for example

ASICrefugee

sr. member

Activity: 432

Merit: 250

Quote from: Mohareb on March 26, 2016, 04:04:06 AM

Premined coins are %4.2 of all total coins. we had some coins with 5% Premined that were very successful. Thus i am in and starting mining.

The premine is HUGE. 210,000 JACK
Then add the 100 days of no reward (dev has 80%+ at this point)
Then add the 21000% POS rewards for 60 of those 100 days - and the other 40 days are at 10000%

My maths :

21000/365 = 57.5% per DAY. Even without compounding that %, lets keep it simples, that is a % increase of 3452% over the first 60 days.

Would you gamble in a place where the house percentage is so high?

If you were an exchange would you list this knowing that the dev has the potential to dump a huge premine?

Feel to check my post history, you can see I have NEVER shown any malice towards any coin, but this is such a blatant grab for YOUR BTC that something needs to be said.

Dev suggestion : Burn 200,00 JACK leaving you a 20% (10k coins v 52k mineable) before the high POS kicks in and you MIGHT just save your coin Wink

EDIT : My bad, high POS already kicked in Sad

Coin is dead

rossr1

sr. member

Activity: 363

Merit: 250

Quote from: johnnysof on March 26, 2016, 04:29:01 AM

Quote from: shimlbit on March 26, 2016, 04:23:13 AM

Blocks rewards
1 to 2500 = 21 Jack
2501 to 74999 = NO PoW

1st block 210000 coins

pos
100 to 41000 = 21000% per year
so 57% daily

he got over 100k daily from staking...

this was stupid from the devs....ppl who are mining this are stupid 2 and will loosing their btc for sure

You forgot to mention there are still no wallets and the only one staking now is the probably the dev accumulation even more coins daily Wink

At least the dev can play blackjack on his own to his hearts content

johnnysof

hero member

Activity: 534

Merit: 500

Quote from: shimlbit on March 26, 2016, 04:23:13 AM

Blocks rewards
1 to 2500 = 21 Jack
2501 to 74999 = NO PoW

1st block 210000 coins

pos
100 to 41000 = 21000% per year
so 57% daily

he got over 100k daily from staking...

this was stupid from the devs....ppl who are mining this are stupid 2 and will loosing their btc for sure

You forgot to mention there are still no wallets and the only one staking now is the probably the dev accumulation even more coins daily Wink

kevin1234a

legendary

Activity: 1162

Merit: 1000

Decentralizing Jesus on the Blockchain

Quote from: shimlbit on March 26, 2016, 04:23:13 AM

Blocks rewards
1 to 2500 = 21 Jack
2501 to 74999 = NO PoW

1st block 210000 coins

pos
100 to 41000 = 21000% per year
so 57% daily

he got over 100k daily from staking...

this was stupid from the devs....ppl who are mining this are stupid 2 and will loosing their btc for sure

a BLACK jack!!!

shimlbit

legendary

Activity: 1302

Merit: 1001

Blocks rewards
1 to 2500 = 21 Jack
2501 to 74999 = NO PoW

1st block 210000 coins

pos
100 to 41000 = 21000% per year
so 57% daily

he got over 100k daily from staking...

this was stupid from the devs....ppl who are mining this are stupid 2 and will loosing their btc for sure

rossr1

sr. member

Activity: 363

Merit: 250

Quote from: Mohareb on March 26, 2016, 04:04:06 AM

Premined coins are %4.2 of all total coins. we had some coins with 5% Premined that were very successful. Thus i am in and starting mining.

Yes possibly would agree, but rewards stop during pow for a long time, whilst dev grabs high pos as ASICREFUGEE points out above.

Mohareb

full member

Activity: 224

Merit: 100

Premined coins are %4.2 of all total coins. we had some coins with 5% Premined that were very successful. Thus i am in and starting mining.

rossr1

sr. member

Activity: 363

Merit: 250

Wow, thats some premine, lets get that burnt first and then I would think about mining as its about time there was in wallet blackjack and poker.

refregirator

newbie

Activity: 16

Merit: 0

good job guys, I'll hope for good trades on the stock exchange Wink

poolmn

sr. member

Activity: 314

Merit: 250

Pool:

https://pool.mn/jack

Bank_sy

sr. member

Activity: 450

Merit: 250

Quote from: ASICrefugee on March 26, 2016, 02:54:11 AM

So 210,000 JACK for the dev.
Total from EARLY POW phase (2500 blocks x 21 JACK) = 52,500 for ALL other miners!
Then POW actually STOPS for another 72,500 blocks - that could be 100 days - with NO REWARD.

Dev already has 4 x the available coins BEFORE the mad POS % kicks in for nearly 60 days.

Then he can stake like a boss and everyone else get screwed. He is going to have more than 80% of the coins!

Only a complete loon would throw hash at this........

they should write 80% premine Roll Eyes

ninja launch!!!

ASICrefugee

sr. member

Activity: 432

Merit: 250

So 210,000 JACK for the dev.
Total from EARLY POW phase (2500 blocks x 21 JACK) = 52,500 for ALL other miners!
Then POW actually STOPS for another 72,500 blocks - that could be 100 days - with NO REWARD.

Dev already has 4 x the available coins BEFORE the mad POS % kicks in for nearly 60 days.

Then he can stake like a boss and everyone else get screwed. He is going to have more than 80% of the coins!

Only a complete loon would throw hash at this........

BlackJackDev

member

Activity: 77

Merit: 10

Coins from 1st block will be used for growing JACK eco-system, adding JACK to exchanges, wallet improvements, integrating JACK into different services, etc. More information will be provided in future announcements.

Topic: [ANN][Jack] ★★★ BlackJack ★★★| PoS/PoW | Innovative hybrid algorithm - page 21. (Read 28611 times)