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Topic: [ANN][LSD] Lightspeed | NIST5 PoW/PoS - September RoadMap released! - page 24. (Read 52934 times)

hero member
Activity: 560
Merit: 500
dev whats the plan here? What does this coin offer? What will it offer? All I see is a blank OP..tough to invest in a mystery coin.
full member
Activity: 168
Merit: 100
Are you guys dump or what?
Can't you do math?

60 sec blocks with 80 coins per block on the first 5 days.

60 seconds blocks = 60 blocks per hour x 24hours = 1440 blocks per day.

1440 blocks/day x 80 coins/block = 115.200 coins per day.

Block halves to 40 coins reward on day 4 .... so supply is around 500k.

Do the fucking math


This is very similiar to RAZOR where first week more than half of the supply was mined and after that came the block halves every 10k blocks

This is not explained on the front page. This featureless coin is so overpriced atm it's ridiculous.

Hi there FUDSTER! how come you didn't show up before LSD hit the markets huh?
You do this on every other coin thread, I just checked your history kid, and it's the same crap all over the place.
member
Activity: 80
Merit: 10
C-cex lots of people in the discussion that this is a scam, I don't know why other people will say so?
newbie
Activity: 14
Merit: 0
500k+ premine scam.

Hi, sorry to disappoint you but no premine in the coin. Feel free to review this for yourself via github: https://github.com/lightspeedcrypto/lightspeed/blob/master/src/main.cpp#L970

Lightspeed is opensource so our code is auditable by all. Early miners will also be able to back up this claim.

Thanks!



How is it possible for there to be 567k existing coins after a week of mining with no premine, 900k total coins and a 1 year pow period?
Check the supply amount now at 572k https://c-cex.com/?p=lsd-btc

We have a short reduction period in coin reward (as detailed in the announcement post thread). As time passes we transition to higher stake rewards as the PoW reward tends towards zero, finally reaching zero after a year when the coin will be fully PoS.

As PoW shrinks, PoS will begin to get larger.
legendary
Activity: 1414
Merit: 1000
Are you guys dump or what?
Can't you do math?

60 sec blocks with 80 coins per block on the first 5 days.

60 seconds blocks = 60 blocks per hour x 24hours = 1440 blocks per day.

1440 blocks/day x 80 coins/block = 115.200 coins per day.

Block halves to 40 coins reward on day 4 .... so supply is around 500k.

Do the fucking math


This is very similiar to RAZOR where first week more than half of the supply was mined and after that came the block halves every 10k blocks

This is not explained on the front page. This featureless coin is so overpriced atm it's ridiculous.
full member
Activity: 173
Merit: 100
Are you guys dumb or what?
Can't you do math?

60 sec blocks with 80 coins per block on the first 5 days.

60 seconds blocks = 60 blocks per hour x 24hours = 1440 blocks per day.

1440 blocks/day x 80 coins/block = 115.200 coins per day.

Block halves to 40 coins reward on day 4 .... so supply is around 500k.

Do the fucking math


This is very similiar to RAZOR where first week more than half of the supply was mined and after that came the block halves every 10k blocks
hero member
Activity: 644
Merit: 500
only like 15k coins on the sells ccex must've fucked up again
hero member
Activity: 644
Merit: 500
block explorer?
legendary
Activity: 1414
Merit: 1000
are there only 40k shares in circulation

There should be about 40k, but there are 572k existing coins. How is this possible? you tell me
legendary
Activity: 1414
Merit: 1000
500k+ premine scam.

Hi, sorry to disappoint you but no premine in the coin. Feel free to review this for yourself via github: https://github.com/lightspeedcrypto/lightspeed/blob/master/src/main.cpp#L970

Lightspeed is opensource so our code is auditable by all. Early miners will also be able to back up this claim.

Thanks!



How is it possible for there to be 567k existing coins after a week of mining with no premine, 900k total coins and a 1 year pow period?
Check the supply amount now at 572k https://c-cex.com/?p=lsd-btc
full member
Activity: 173
Merit: 100
500k+ premine scam.

hahahahahaha Smiley

I'm mining this since the first days and a bunch of other people too... U probably was dumb not to mine it and is sad now Cry
newbie
Activity: 14
Merit: 0
500k+ premine scam.

Hi, sorry to disappoint you but no premine in the coin. Feel free to review this for yourself via github: https://github.com/lightspeedcrypto/lightspeed/blob/master/src/main.cpp#L970

Lightspeed is opensource so our code is auditable by all. Early miners will also be able to back up this claim.

Thanks!

newbie
Activity: 23
Merit: 0
legendary
Activity: 1414
Merit: 1000
500k+ premine scam.
legendary
Activity: 1414
Merit: 1000
How is it possible for there to be 567k existing coins after a week of mining with no premine, 900k total coins and a 1 year pow period?Huh
Check the supply amount now at 572k https://c-cex.com/?p=lsd-btc
newbie
Activity: 14
Merit: 0

Thanks!

Putting together our first public document now, and will be putting the block explorer live shortly!
newbie
Activity: 14
Merit: 0
when are we getting plans for the coin

Working on getting those released asap - we have finished the document and switched roles in the team, hopefully tonight, but maybe tomorrow if we have delays from our new designer!

would you consider a pod or having your code checked. ocminer is a good person to do it

We'll be submitting proof of dev, and code is open source so anyone is welcome to check it.
hero member
Activity: 686
Merit: 500
when are we getting plans for the coin

Working on getting those released asap - we have finished the document and switched roles in the team, hopefully tonight, but maybe tomorrow if we have delays from our new designer!

would you consider a pod or having your code checked. ocminer is a good person to do it
newbie
Activity: 14
Merit: 0
when are we getting plans for the coin

Working on getting those released asap - we have finished the document and switched roles in the team, hopefully tonight, but maybe tomorrow if we have delays from our new designer!
hero member
Activity: 686
Merit: 500
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