Topic: [ANN][LSD] Lightspeed | NIST5 PoW/PoS - September RoadMap released! - page 24. (Read 52934 times)
September 11, 2014, 04:15:18 PM
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.
September 11, 2014, 03:49:28 PM
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
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.
September 11, 2014, 03:47:50 PM
C-cex lots of people in the discussion that this is a scam, I don't know why other people will say so?
September 11, 2014, 03:30:33 PM
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.
September 11, 2014, 03:28:32 PM
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
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.
September 11, 2014, 03:24:20 PM
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
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
September 11, 2014, 03:16:22 PM
only like 15k coins on the sells ccex must've fucked up again
September 11, 2014, 03:12:39 PM
block explorer?
September 11, 2014, 03:08:36 PM
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
September 11, 2014, 03:06:46 PM
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
September 11, 2014, 02:57:01 PM
500k+ premine scam.
hahahahahaha
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
September 11, 2014, 02:52:56 PM
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!
September 11, 2014, 02:52:28 PM
Blockchain???
September 11, 2014, 02:48:54 PM
500k+ premine scam.
September 11, 2014, 02:37:24 PM
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
Check the supply amount now at 572k https://c-cex.com/?p=lsd-btc
September 11, 2014, 02:23:59 PM
Thanks!
Putting together our first public document now, and will be putting the block explorer live shortly!
September 11, 2014, 08:23:28 AM
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.
September 11, 2014, 08:15:42 AM
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
September 11, 2014, 08:14:08 AM
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!
September 11, 2014, 08:06:11 AM
Is it true that you are the Clustercoin dev?
Not true, sorry.
when will we see plans
Jump to: