Pages:
Author

Topic: [ANN]🌟New York Gold Coin (NYG) [SCRYPT]🌟 - New Economic and Mining Incentives - page 14. (Read 46656 times)

member
Activity: 420
Merit: 24
I'm a little bit driven by this project, this project has a new innovation that is able to help cryptocurrency reconnaissance, I advise everyone about this project. this is everyone's dream project.
member
Activity: 238
Merit: 27
we have many options and excellent community support if you decide to get involved.
newbie
Activity: 51
Merit: 0
Already have NYC coin with a great community.  Why  another?
newbie
Activity: 81
Merit: 0
Coming up on block 30,000!!
Reward increasing to 1 to 3299 NYG (Random)
newbie
Activity: 81
Merit: 0
Yes, it would be great if an exchange listed NYG. We're just not very interested in spending our time campaigning for popularity and voting on exchanges. Coding is a lot more fun. We don't have any timelines yet.

UPDATE:
Block 20,000 was just passed
Difficulty is currently 7.24

Total current supply
(Added up block by block on 04/05/2018)
81,991,199 NYG
member
Activity: 280
Merit: 10
I want sell 5000000 NYG. Offers in PM
newbie
Activity: 70
Merit: 0
when exchange?when moon ? when lambo ? Grin
member
Activity: 310
Merit: 13
Good concept, but we need web, roadmap, block exp for now, :0

don't talk about roadmap bro because dev currently do not have planning Grin Grin Grin
member
Activity: 238
Merit: 27
Good concept, but we need web, roadmap, block exp for now, :0
newbie
Activity: 81
Merit: 0
so for what we mine your coin?

Mine it if you want to mine it, or if you believe in the project.

premine +/- 20.720.574 coins??? Huh

Mining was available to the public at block 21:
https://mobile.twitter.com/newyorkgoldcoin/status/979174256729837573?p=v

so, next planning?

We are not planning anything at this time other than watching the network grow, and observing the effects of the reward adjustments.
member
Activity: 310
Merit: 13
We're not planning to get on exchanges, but if it happens that's cool.

so for what we mine your coin?

look these
Blocks 0-20
Reward: 1M NYG
Blocks 21 - 100
Reward: 1111 NYG
Blocks 101 - 500
Reward: 10K NYG
Blocks 501 - 1700
Reward: 5K NYG
Blocks 1701 - 3452
Reward: 5555 NYG

premine +/- 20.720.574 coins??? Huh

so, next planning?

member
Activity: 280
Merit: 10
I want sell 6000000 NYG. Offers in PM.
member
Activity: 280
Merit: 10
Why then this project is needed? Without an exchange, without offsite. Dead project.
newbie
Activity: 81
Merit: 0
We're not planning to get on exchanges, but if it happens that's cool. We are focusing on development at the moment.
newbie
Activity: 70
Merit: 0
plis make discord channel, and when exchange ?
sr. member
Activity: 1078
Merit: 255
Good concept. But need more detailed ANN as others suggested.
member
Activity: 310
Merit: 13
New York Gold is a fork of the New York Coin codebase with improvements.
Github: https://github.com/newyorkgoldcoin/nygoldcoin
Developers: https://twitter.com/newyorkgoldcoin
Community block explorers:

https://crazypool.ca/explorer/NYG
http://easypool.win/explorer/NYG
https://angrypool.com/explorer/NYG

New economic and mining incentives:
  • Rewards future miners with an increasing reward schedule
  • Random reward system starting at block 10001
  • Final block reward of 1 to 1111 NYG (Random)

Code improvements:

  • Addresses start with N
  • 60 second block time which means half the issuance rate of NYC
  • Difficulty adjusts every 5 minutes instead of 2 hours (Kimoto Gravity Well)
  • Approximately 10x less coin supply than NYC
  • Windows wallet compiled with openssl 1.0.2n

Port: 19920
Testnet: 19922
RPC port 19923
Peermagic bytes: 0d0d0d0d

Max coins?
Unlimited - just like Doge

Coin type?
New York Gold is a Scrypt-based Proof of Work coin using the Kimoto Gravity Well.

Block Info
60 second Block Targets, KGW difficulty readjustment every 5 minutes

Blocks 0-20
Reward: 1M NYG
Blocks 21 - 100
Reward: 1111 NYG
Blocks 101 - 500
Reward: 10K NYG
Blocks 501 - 1700
Reward: 5K NYG
Blocks 1701 -10000
Reward: 5555 NYG

REWARD DROP AT BLOCK 10001 - RANDOM REWARDS BEGIN:

Blocks 10001 - 20000
Reward: 1 to 1111 NYG (Random)

Blocks 20001 - 30000
Reward: 1 to 1299 NYG (Random)

Blocks 30001 - 40000
Reward: 1 to 3299 NYG (Random)

Blocks 40001 - 50000
Reward: 1 to 6499 NYG (Random)

Blocks 50001 - 60000
Reward: 1 to 12499 NYG (Random)

Blocks 60001 - 100000
Reward: 1 to 49K NYG (Random)

REWARD DROP AT BLOCK 100,001
Blocks 100001 - 200000
Reward: 1 to 1111 NYG (Random)

Blocks 200001 - 300000
Reward: 1 to 1299 NYG (Random)

Blocks 300001 - 400000
Reward: 1 to 2999 NYG (Random)

Blocks 400001 - 500000
Reward: 1 to 4999 NYG (Random)

REWARD DROP AT BLOCK 500,001
Blocks 500001 - 700000
Reward: 1 to 1499 NYG (Random)

Blocks 700001 - 1000000
Reward: 1 to 1799 NYG (Random)

FINAL REWARD DROP AT BLOCK 1,000,001
Blocks 1,000,001 to infinity
Reward: 1 to 1111 NYG (Random)

Good concept, but we need web, wp, roadmap, block exp, wallet windows and exchanger
newbie
Activity: 55
Merit: 0
maybe you should think about purpose, whitepaper, block explore, marketing, and exchange. try to listed on small exchange like tradesatoshi.com and crex24.com. it would be nice for NYG
newbie
Activity: 81
Merit: 0
Pages:
Jump to: