[ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr - page 103.

NiccoloMac

member

Activity: 112

Merit: 10

Quote from: JakeThePanda on July 23, 2014, 03:07:30 PM

Hey Max,

Quote from: NiccoloMac on July 23, 2014, 02:59:26 PM

The developer behind the coin would prefer to be anonymous right now as he works on implementing TOR integration.

Will he eventually come forward?

Can you talk about any other innovative features Pesa will have? I see that you work with Fibonacci and Jasinlee, is that correct?

Right now we're focused on Smart Contracts as being a major innovation. We know it's been outlined in the past, but we'd like to be the first to implement it.

Yes I've worked with Fibonacci, I do web development and design for them occasionally.

NiccoloMac

member

Activity: 112

Merit: 10

Quote from: Coin-Moron on July 23, 2014, 03:06:38 PM

The tor integration has already been implemented by many coins out there.
APart from that, what so special about pesa?
Ethereum's started spreading out there with smart contracts.

We will not be doing an IPO or require terms for people wanting to use Pesa. While smart contracts are outlined in many coins, they have not implemented in any Satoshi based coin yet.

mikesrevenge

member

Activity: 112

Merit: 10

Quote from: Coin-Moron on July 23, 2014, 03:06:38 PM

The tor integration has already been implemented by many coins out there.
APart from that, what so special about pesa?
Ethereum's started spreading out there with smart contracts.

Aerocoin just released their whitepaper detailing smart contracts....

It's a sleeping giant.

JakeThePanda

hero member

Activity: 644

Merit: 500

Hey Max,

Quote from: NiccoloMac on July 23, 2014, 02:59:26 PM

The developer behind the coin would prefer to be anonymous right now as he works on implementing TOR integration.

Will he eventually come forward?

Can you talk about any other innovative features Pesa will have? I see that you work with Fibonacci and Jasinlee, is that correct?

Coin-Moron

hero member

Activity: 540

Merit: 500

The tor integration has already been implemented by many coins out there.
APart from that, what so special about pesa?
Ethereum's started spreading out there with smart contracts.

NiccoloMac

member

Activity: 112

Merit: 10

Hi everyone, this is Max and I'm the front end guy for Pesa. I know I've been hard to get a hold of, but I'm here to try and answer a few common questions I've seen. First off, I'm not the main developer for Pesa, instead I do the designs for the wallet and forum. The developer behind the coin would prefer to be anonymous right now as he works on implementing TOR integration.

If you see someone on this account post it's either one of two people, the developer or myself. If you need to get in touch, then the best way will now be through our Twitter account. Hopefully this will reduce the number of PMs we get, though we intend on answering any and all PMs. If you prefer email, then the OP will contain an email you can send emails to.

Pesa has really taken off and while we anticipated it would eventually popularize, we didn't foresee it growing so quickly. Excuse us both if we're a little overwhelmed with the attention.

k0tz

newbie

Activity: 41

Merit: 0

Quote from: BKCrypto on July 23, 2014, 02:21:21 PM

how high does the interest rate go on postr?

From the source code: Minimum rate is 1%

BKCrypto

member

Activity: 65

Merit: 10

how high does the interest rate go on postr?

JakeThePanda

hero member

Activity: 644

Merit: 500

Quote from: mightgetlucky on July 23, 2014, 12:50:02 PM

Quote from: Coin-Moron on July 23, 2014, 12:24:21 PM

GIThub Empty Undecided

here u go https://github.com/mclaughlinmax/Pesa

Nice first post. Hey Max, how are ya? Develop us a good one. Grin

mightgetlucky

full member

Activity: 138

Merit: 100

Quote from: Coin-Moron on July 23, 2014, 12:24:21 PM

GIThub Empty Undecided

here u go https://github.com/mclaughlinmax/Pesa

SkyValeey

hero member

Activity: 560

Merit: 500

So only 200,000 and you are in TOP 10, only 1.34 btc to be here:)
But many ppl hold coins at bittrex i think.
I wonder how many ppl own 200k + Pesa.

SkyValeey

hero member

Activity: 560

Merit: 500

Rich list: http://pes.blockexplorer.cc/richlist/

TOP:

First places are multipools and exchange? Which one is bittrex?

any guess?

Coin-Moron

hero member

Activity: 540

Merit: 500

GIThub Empty Undecided

crazycow

newbie

Activity: 9

Merit: 0

I did small program, output is...

Block 0 - 1000 reward 10000
Block 1000 - 2000 reward 5000
Block 2000 - 3000 reward 3333,333
Block 3000 - 4000 reward 2500
Block 4000 - 5000 reward 2000
Block 5000 - 6000 reward 1666,667
Total coins 24499470

Block reward is 10000 / ((blockHeight / 1000) + 1);

SkyValeey

hero member

Activity: 560

Merit: 500

Yes I was wrong!!!

k=m
and not 19.5 but 24.5m

I think this is not good calculating, I just tried to guess what reward halving looks like:) Sorry:)

JakeThePanda

hero member

Activity: 644

Merit: 500

Quote from: SkyValeey on July 23, 2014, 11:51:25 AM

Quote from: Tree Fiddy on July 23, 2014, 11:18:52 AM

Quote from: thectspot on July 23, 2014, 11:13:45 AM

Quote from: BTCNeverSleeps on July 23, 2014, 11:10:13 AM

I am not trying to fud, but shouldn't the block reward be 2500 after the halving? It seems the block reward is currently 3333.33333333? Am I missing something? http://pes.blockexplorer.cc/chain/Pesa

Seemingly the reward was divided by 1.5 instead of 2.

I wonder if this means there will be more than 20 million coins.

1-1000 10 million
1001-2000 5 million
2001-3000 3.33 million
3001-4000 ?
4001-5000 ?
5001-6000 ?

Maybe:

1-1000 reward X =10k
.... x/2 = 5k
.... x/3 =3.333k
.... x/4 =2.5k
.... x/5 =2k
.... x/6 =1.666k

All = x+x/2+x/3+x/4+x/5+x/6 = 10m+5m+3.3c3m+2.5m+2m+1.666 = 19,500,000 PESA Wink

Almost 20m voila:)

Calculate that again please.

ripplebtc

sr. member

Activity: 277

Merit: 250

Quote from: SkyValeey on July 23, 2014, 11:51:25 AM

Quote from: Tree Fiddy on July 23, 2014, 11:18:52 AM

Quote from: thectspot on July 23, 2014, 11:13:45 AM

Quote from: BTCNeverSleeps on July 23, 2014, 11:10:13 AM

I am not trying to fud, but shouldn't the block reward be 2500 after the halving? It seems the block reward is currently 3333.33333333? Am I missing something? http://pes.blockexplorer.cc/chain/Pesa

Seemingly the reward was divided by 1.5 instead of 2.

I wonder if this means there will be more than 20 million coins.

1-1000 10 million
1001-2000 5 million
2001-3000 3.33 million
3001-4000 ?
4001-5000 ?
5001-6000 ?

Maybe:

1-1000 reward X =10k
.... x/2 = 5k
.... x/3 =3.333k
.... x/4 =2.5k
.... x/5 =2k
.... x/6 =1.666k

All = x+x/2+x/3+x/4+x/5+x/6 = 10m+5m+3.3c3m+2.5m+2m+1.666 = 19,500,000 PESA Wink

Almost 20m voila:)

You are very smart! Grin

SkyValeey

hero member

Activity: 560

Merit: 500

Quote from: Tree Fiddy on July 23, 2014, 11:18:52 AM

Quote from: thectspot on July 23, 2014, 11:13:45 AM

Quote from: BTCNeverSleeps on July 23, 2014, 11:10:13 AM

I am not trying to fud, but shouldn't the block reward be 2500 after the halving? It seems the block reward is currently 3333.33333333? Am I missing something? http://pes.blockexplorer.cc/chain/Pesa

Seemingly the reward was divided by 1.5 instead of 2.

I wonder if this means there will be more than 20 million coins.

1-1000 10 million
1001-2000 5 million
2001-3000 3.33 million
3001-4000 ?
4001-5000 ?
5001-6000 ?

Maybe:

1-1000 reward X =10k
.... x/2 = 5k
.... x/3 =3.333k
.... x/4 =2.5k
.... x/5 =2k
.... x/6 =1.666k

All = x+x/2+x/3+x/4+x/5+x/6 = 10m+5m+3.3c3m+2.5m+2m+1.666 = 19,500,000 PESA Wink

Almost 20m voila:)

provenceday

legendary

Activity: 1148

Merit: 1000

Quote from: thectspot on July 23, 2014, 11:27:03 AM

Quote from: Tree Fiddy on July 23, 2014, 11:18:52 AM

Quote from: thectspot on July 23, 2014, 11:13:45 AM

Quote from: BTCNeverSleeps on July 23, 2014, 11:10:13 AM

I am not trying to fud, but shouldn't the block reward be 2500 after the halving? It seems the block reward is currently 3333.33333333? Am I missing something? http://pes.blockexplorer.cc/chain/Pesa

Seemingly the reward was divided by 1.5 instead of 2.

I wonder if this means there will be more than 20 million coins.

1-1000 10 million
1001-2000 5 million
2001-3000 3.33 million
3001-4000 ?
4001-5000 ?
5001-6000 ?

Definitely a question for the dev.

check the source code.

thectspot

member

Activity: 68

Merit: 10

Half Asian, Half Crypto

Quote from: Tree Fiddy on July 23, 2014, 11:18:52 AM

Quote from: thectspot on July 23, 2014, 11:13:45 AM

Quote from: BTCNeverSleeps on July 23, 2014, 11:10:13 AM

I am not trying to fud, but shouldn't the block reward be 2500 after the halving? It seems the block reward is currently 3333.33333333? Am I missing something? http://pes.blockexplorer.cc/chain/Pesa

Seemingly the reward was divided by 1.5 instead of 2.

I wonder if this means there will be more than 20 million coins.

1-1000 10 million
1001-2000 5 million
2001-3000 3.33 million
3001-4000 ?
4001-5000 ?
5001-6000 ?

Definitely a question for the dev.

Topic: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr - page 103. (Read 181805 times)