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Topic: [ANN][JEW] Shekel-Global Decentralized Cryptocurrency-PoS/Masternodes-No ICO - page 27. (Read 38405 times)

newbie
Activity: 3
Merit: 0
Hey if you want I can translate the thread in french !
newbie
Activity: 1
Merit: 0

At step 7 in the installation of the maternode: I think there is some additional info missing on creating the MN Linux files. Anyone some thoughts on that?
full member
Activity: 302
Merit: 100
Can we run masternode yet and where can I buy JEW at the moment?
member
Activity: 200
Merit: 11
member
Activity: 200
Merit: 11
I see that focus here is on MN. But what is annual staking percentage?
Also in spec: https://github.com/shekeltechnologies/wallet/blob/master/README.md
It is writtedn that 90 % will go to MN and stakers? But that is not the same thing. How will block reward be splitted between stakers and MN?

Please read the white paper to learn about our reward mechanism
newbie
Activity: 6
Merit: 0
How to be a Masternode, Shocked when I have enough 10000 JEW??
full member
Activity: 271
Merit: 101
I see that focus here is on MN. But what is annual staking percentage?
Also in spec: https://github.com/shekeltechnologies/wallet/blob/master/README.md
It is writtedn that 90 % will go to MN and stakers? But that is not the same thing. How will block reward be splitted between stakers and MN?
member
Activity: 159
Merit: 10

Thanks dude !
If you dont mind i need more info Wink
How much a masternode wil cost in usd ?
Where can i buy the coins ?
How many coins can be mined in 24 hours using a mining rig 6x1060 gtx

I really appreciate your help Wink

Masternode is 10,000 JEW which currently is around $175

You can buy coins at: https://stocks.exchange/trade/JEW/BTC

Don't bother mining as PoW stops at block 100,000 which will be reached in just over a day.

C.

member
Activity: 100
Merit: 10
Masternode tut release yes?
newbie
Activity: 24
Merit: 0
newbie
Activity: 30
Merit: 0
Hello,

I'm sorry for the possible stupid question, but I can't really understand the maximum suplly of this coin. In the ANN it was stated that the max supply will be 40 millions, approximately 2 times as the supply of Bitcoin, but as the current supply is 38283900 coins, and it is soon to hit block 100 000 when it will become a POS coin, i guess that more coins are going to be created, so the max supply is going to be higher than 40 000 000 coins.

My question is: what is the maximum supply of this coin (POW+POS)?

Thanks.

No upper limit. See https://github.com/shekeltechnologies/wallet/blob/master/README.md

C.


Thank you for that clarification.
member
Activity: 159
Merit: 10
Hello,

I'm sorry for the possible stupid question, but I can't really understand the maximum suplly of this coin. In the ANN it was stated that the max supply will be 40 millions, approximately 2 times as the supply of Bitcoin, but as the current supply is 38283900 coins, and it is soon to hit block 100 000 when it will become a POS coin, i guess that more coins are going to be created, so the max supply is going to be higher than 40 000 000 coins.

My question is: what is the maximum supply of this coin (POW+POS)?

Thanks.

No upper limit. See https://github.com/shekeltechnologies/wallet/blob/master/README.md

C.
newbie
Activity: 30
Merit: 0
Hello,

I'm sorry for the possible stupid question, but I can't really understand the maximum suplly of this coin. In the ANN it was stated that the max supply will be 40 millions, approximately 2 times as the supply of Bitcoin, but as the current supply is 38283900 coins, and it is soon to hit block 100 000 when it will become a POS coin, i guess that more coins are going to be created, so the max supply is going to be higher than 40 000 000 coins.

My question is: what is the maximum supply of this coin (POW+POS)?

Thanks.
member
Activity: 200
Merit: 11
member
Activity: 159
Merit: 10
Hi
How many coins needed for masternode and what is the ROI ?

10k for MN
ROI undetermined at this time

But we can do some basic math (ignoring wallet staking!)

60 second block timing, so 1440 blocks a day

Block reward = 50 x 90% = 45 JEW

So, PoS stage 1 = 1440 x 45 JEW per day = 64,800 JEW per day

Active MasternodesJEWs per DayAnnual ROI
5012964730%
1006482365%
1504321577%
2003241183%
250259946%
300216788%
350185676%
400162591%
450144526%
500130473%
550118430%
600108394%
650100364%
70093338%
75086315%
80081296%
85076278%
90072263%
95068249%
100065237%
105062225%
110059215%
115056206%
120054197%
125052189%
130050182%
135048175%
140046169%
145045163%
150043158%
member
Activity: 200
Merit: 11
Hi
How many coins needed for masternode and what is the ROI ?

10k for MN
ROI undetermined at this time
member
Activity: 159
Merit: 10
Hi
How many coins needed for masternode and what is the ROI ?

From page 1:

Masternodes: Available after switch to PoS, cost is 10,000 JEW. You receive 90% rewards

So, as PoS has not started yet (around 2 days to get to block 100,001), the number of mn's is unknown, so reward is unknown.

C.
newbie
Activity: 24
Merit: 0
Hi
How many coins needed for masternode and what is the ROI ?
member
Activity: 200
Merit: 11
The new and improved https://shekel.io ! Check it out guys we worked very hard on this.

Whitepaper: https://shekel.io/ShekelWhitepaper.pdf
Resources: https://shekel.io/resources.html
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