Topic: [ANN][Koolio Coin][TrueAnon] Back To Basics [TrueTrade] (Read 21581 times)

This still works and is listed on Coin-Swap Exchange: https://coin-swap.net/market/KOOL/BTC

Just sync up to the last found Block, then start solo mining to start the blockchain again to fully sync, it's that easy

Can Koolio Coin be KOOL again ? Only time will tell !  

What's with the lack of use of NOMP pools?. Just curious..

strange about the volume for no dev around. i have no ideas at this time, sorry!

trading is going pretty ok. Price is ok I guess but the volume is better then it's ever been for this coin. Is there some way to get in touch with the devs. I looked and didn't really get any where. You got any ideas. Or is there a way to revive this coin without the devs. Can someone take it over, I saw this done with coin(o). It seems to be doing ok after new devs took over. Just an idea.


Thanks,
SgtDitty

figured I pop in and say it's been another 30 days.
Sept 3rd we hit block 43200.
Popped a block today to check, reward is 10.

Nice 

I voted.

voting for exchange "cryptoine" : https://cryptoine.com/voting#KOOL

I will continue to mine at as long as transactions are still happening. I feel its the least I can do. It would be great if others would coin in. Almost every time I check the amount per block there's network transaction payout included. And trading still seems to be moving along. The volumes are higher and the trades are more frequent then in the past. And it's not just selling there's just as much buying happening. I don't think this coin is dead.

Thanks,
SgtDitty

I do believe that this coin has a future. The trade volume per day has gone up from what is has been recently. I think staying in it will be a good idea. I'll mine it to the magic block and beyond. That is what the devs are waiting on to move on. Ok I just looked we are past the 50 per block. I will try to get in touch with the devs.

Thanks,
SgtDitty

This coin is dead? No in Bittrex, no news from dev, price 11 satoshi.

This coin is interesting, i'll mine it 

Agreed. Again, I have no affiliation to this coin. I am pro-crypto in general so I spread the knowledge I have when people ask questions, I feel it's my job to educate so people get smarter about their investments. I hope you learned how to read the codes at github from my little 'lesson'. Search "subsidy" to find the code I told you about at github to find it easier for the next time. You can find hidden premines and super blocks like this too.

I fear the worst for this coin though, unless the dev recalculated the time and knows when to come back. But still, I know where you're coming from, we'd like to know he's still here - even if he's still playing the "under the radar" game as the coin was made to be.

The issue I see here is the fact that nobody talks in this forum. Koolio hasn't been online in 11 days. This has happened a few times with this coin. The devs get us hyped up. Then no one says anything for weeks. The hash rate drops to nothing. Then the devs drop a paragraph and go on there merry way. I like hearing from you Halofire, but at this point the devs need to make it known that they still exist.


Thanks,
SgtDitty

Consider the additional two weeks of 50's an extension for opportunity, to spread the KOOL.

dev, I tweeted about this as well.

No problem to help you out, I'll always help a community member if I can, but I'm not part of the KOOL team so my knowledge is limited purely to function of the coin. So idk about bittrex.

Yes, the reward will definitely drop to 10 KOOL/block. It's coded that way and I'm 100% sure. Using the codes he used, it would be impossible to say it would be 30 days of mining 50's, he used a calculation to arrive at a "projected" 30 days. If we'd looked earlier in the github like when mining first started, we still wouldn't have caught this unless we calculated the diff algo into the block times - which i'm not up for, so it's not really his fault unless he knew the difficulty swings would be so wild that the time would increase, which I doubt.

The fastest way to get to 43200 is slowly build up the hashrate and maintain the constant upward trend in hashrate at a reasonable pace. Or have the dev change the code to block 30000. That would mean there's only 1.5 million coins out when the 50's end, but would shave off 10 days off of 50's and increase everyone's value, including the premine. But this would eventually catch up to the BTC:KOOL price curve so it's not that big of an increase for very long. Note that it wouldn't affect the total coin cap either, but dev would have to recalculate the amount of blocks for the 10's.

Thanks for answering. So the drop to 10 coins/block is part of the code. Will the info be released and bittrex exchange open at that time? Thanks for the help.

Thanks,
SgtDitty

int64 static GetBlockValue(int nHeight, int64 nFees)
{
int64 nSubsidy = 10 * COIN;   
if (nHeight<2) { nSubsidy = 231840 * COIN; }
if (nHeight<2) { nSubsidy = 231840 * COIN; }
else if (nHeight<43200) { nSubsidy = 50 * COIN; }
else if (nHeight<2102400) { nSubsidy = 10 * COIN; }
 
we're on block ~28040. It should switch at block 43200. I guess it's taken longer with the massive diff spikes and no hashrate to eat through the blocks and I bet the dev calculated the time per block.

43200 blocks x 1 minute block time = 43200 minutes / 60 = 720 hours / 24 = 30 days.

Addition: if 28040 = 30days, then 43200 = 46-47 days. That's not 100% accurate due to fluctuations and variables. So we have another 2 weeks left of mining 50's. The total coins in circulation will remain the same, we're just behind schedule by two weeks.

Is anyone still following this coin or maintaining it. I'm pretty sure 30 days is up. Is info on the way?? Bittrex??

Problem solved.

Thanks,
SgtDitty