On a more serious note, why is DNET marked with an asterisk (*) [Not Mineable], on coinmarketcap?
Topic: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - PROOF OF STAKE - ZEROCOIN - page 432. (Read 782382 times)
May 11, 2016, 02:18:36 PM
1 million DNET or bust.
On a more serious note, why is DNET marked with an asterisk (*) [Not Mineable], on coinmarketcap?
On a more serious note, why is DNET marked with an asterisk (*) [Not Mineable], on coinmarketcap?
May 11, 2016, 02:02:34 PM
no offense jakiman but i'm waiting for ann correction which is necessary anyway if you're right (and i guess you are 
) ....
) ....No offense taken. I know I'm right. I agree that ANN needs to be corrected.
exactly because of the ann. infos my opinion was that i have about 3 weeks left to buy cheap coins
in fact i guess only 8 days left to reach my goal, damn i must stay calm
don't panic buy, don't panic buy, don't panic buy, stay frosty ....
... Hopefully we will see one more dip around 450 before moooooooooooooon
Don't wait for the dump bro. You could miss the train. The cool kids are marketbuying
May 11, 2016, 11:56:21 AM
ok, so I updated the OP, sorry for the typo.. it was also stated on line 2 as well.
May 11, 2016, 09:50:02 AM
no offense jakiman but i'm waiting for ann correction which is necessary anyway if you're right (and i guess you are ) ....
) ....No offense taken. I know I'm right. I agree that ANN needs to be corrected.
exactly because of the ann. infos my opinion was that i have about 3 weeks left to buy cheap coins
in fact i guess only 8 days left to reach my goal, damn i must stay calm
don't panic buy, don't panic buy, don't panic buy, stay frosty ....
... Hopefully we will see one more dip around 450 before moooooooooooooon
May 11, 2016, 08:50:51 AM
no offense jakiman but i'm waiting for ann correction which is necessary anyway if you're right (and i guess you are ) ....
) ....No offense taken. I know I'm right. I agree that ANN needs to be corrected.
exactly because of the ann. infos my opinion was that i have about 3 weeks left to buy cheap coins
in fact i guess only 8 days left to reach my goal, damn i must stay calm
don't panic buy, don't panic buy, don't panic buy, stay frosty ....
... 
May 11, 2016, 08:36:11 AM
no offense jakiman but i'm waiting for ann correction which is necessary anyway if you're right (and i guess you are ) ....
) ....No offense taken. I know I'm right. I agree that ANN needs to be corrected.
May 11, 2016, 08:34:16 AM
no offense jakiman but i'm waiting for ann correction which is necessary anyway if you're right (and i guess you are ) ....
) .... May 11, 2016, 08:17:14 AM
well dev team can you please clarify this and please correct if wrong in ann. post.
specs from official ann. post are decisively for me and i guess for a lot of other people too.
thanks
specs from official ann. post are decisively for me and i guess for a lot of other people too.
thanks
Block number 151200 for PoW Block Reward drop was already confirmed by dev StakeBox. See this post:
https://bitcointalksearch.org/topic/m.14747320
This is a mandatory update, everyone needs to be on the new version, 1.1.0.0, by block 151200, about 2 weeks from now, that is when the new block rewards will go into effect. Notices will be sent to all service providers shortly. Thanks for your patience, I know I said this would be done last night or this morning. Sorry for the delay guys.
Also, block number 151200 is stated as the block when 250 will drop to 50 on the OP already.
Second line of Coin Specs on the OP states: "PoW Block Reward: (block# 2-151200) 250 DNET (block# 151201-259200) 50 DNET"
Edit:
And for true proof, here's the source code snippet from 1.1.0.0.
https://github.com/Darknet-Crypto/Darknet/blob/master/src/main.cpp#L1550
It clearly shows PoW reduction at block # >=151200. Also, the numeric value "172800" doesn't even exist in the source code.
So yeah, s3v3n should correct the "PoW Rewards Breakdown" portion of the OP.
Quote
int64_t GetBlockValue(int nBits, int nHeight, const CAmount& nFees)
{
int64_t nSubsidy = 0;
if(nHeight == 0) {
nSubsidy = 60001 * COIN;
}
else if(nHeight < 86400 && nHeight > 0) {
nSubsidy = 250 * COIN;
}
else if(nHeight < 151200 && nHeight >= 86400) {
nSubsidy = 225 * COIN;
}
else if(nHeight < 259200 && nHeight >= 151200) {
nSubsidy = 45 * COIN;
}
else {
nSubsidy = 0 * COIN;
}
return nSubsidy + nFees;
}
int64_t GetMasternodePayment(int nHeight, int64_t blockValue)
{
int64_t ret = 0;
if(nHeight <= 43200) {
ret = blockValue/5;
}
else if(nHeight < 86400 && nHeight > 43200) {
ret = blockValue/(100/30);
}
else if(nHeight < 259200 && nHeight >= 86400) {
ret = 50 * COIN;
}
else if(nHeight < 259200 && nHeight >= 151200) {
ret = blockValue/2;
}
else {
ret = 0 * COIN;
}
return ret;
}
{
int64_t nSubsidy = 0;
if(nHeight == 0) {
nSubsidy = 60001 * COIN;
}
else if(nHeight < 86400 && nHeight > 0) {
nSubsidy = 250 * COIN;
}
else if(nHeight < 151200 && nHeight >= 86400) {
nSubsidy = 225 * COIN;
}
else if(nHeight < 259200 && nHeight >= 151200) {
nSubsidy = 45 * COIN;
}
else {
nSubsidy = 0 * COIN;
}
return nSubsidy + nFees;
}
int64_t GetMasternodePayment(int nHeight, int64_t blockValue)
{
int64_t ret = 0;
if(nHeight <= 43200) {
ret = blockValue/5;
}
else if(nHeight < 86400 && nHeight > 43200) {
ret = blockValue/(100/30);
}
else if(nHeight < 259200 && nHeight >= 86400) {
ret = 50 * COIN;
}
else if(nHeight < 259200 && nHeight >= 151200) {
ret = blockValue/2;
}
else {
ret = 0 * COIN;
}
return ret;
}
May 11, 2016, 08:04:50 AM
How long till switch over?
hmm hope i'm not wrong:switchover at block 172800, current block 138730 = 34070 block to go at 60 Sec.
34070 / 60 = ~567 hrs / 24 = ~23 days
That's incorrect. As of posting this:
PoW Block Reward Decrease @ block 151200 (from 250 to 50 DNET)
151200 - 138813 / 1440 = 8.6 days left
PoW to PoS Switchover @ block 259200
259200 - 138813 / 1440 = 83.3 days left
my answer was not for pos switchover I think he was asking for reward switchover (well not sure)
numbers from ann post (pow reward breakdown):
block 43201 - 172800 (current) = 250 DNET (70% miner 20% mn 10% prop)
block 172800 - 259000 = 50 DNET (45%/45% miner/mn 10% prop)
I'm quite certain that that part of the OP is wrong.
Correct PoW Break down is:
43201 - 151200 = 250 DNET
151201 - 259000 = 50 DNET
well dev team can you please clarify this and please correct if wrong in ann. post.
specs from official ann. post are decisively for me and i guess for a lot of other people too.
thanks
May 11, 2016, 07:28:42 AM
How long till switch over?
hmm hope i'm not wrong:switchover at block 172800, current block 138730 = 34070 block to go at 60 Sec.
34070 / 60 = ~567 hrs / 24 = ~23 days
That's incorrect. As of posting this:
PoW Block Reward Decrease @ block 151200 (from 250 to 50 DNET)
151200 - 138813 / 1440 = 8.6 days left
PoW to PoS Switchover @ block 259200
259200 - 138813 / 1440 = 83.3 days left
my answer was not for pos switchover I think he was asking for reward switchover (well not sure)
numbers from ann post (pow reward breakdown):
block 43201 - 172800 (current) = 250 DNET (70% miner 20% mn 10% prop)
block 172800 - 259000 = 50 DNET (45%/45% miner/mn 10% prop)
I'm quite certain that that part of the OP is wrong.
Correct PoW Break down is:
43201 - 151200 = 250 DNET
151201 - 259000 = 50 DNET
May 11, 2016, 06:46:04 AM
How long till switch over?
hmm hope i'm not wrong:switchover at block 172800, current block 138730 = 34070 block to go at 60 Sec.
34070 / 60 = ~567 hrs / 24 = ~23 days
That's incorrect. As of posting this:
PoW Block Reward Decrease @ block 151200 (from 250 to 50 DNET)
151200 - 138813 / 1440 = 8.6 days left
PoW to PoS Switchover @ block 259200
259200 - 138813 / 1440 = 83.3 days left
my answer was not for pos switchover I think he was asking for reward switchover (well not sure)
numbers from ann post (pow reward breakdown):
block 43201 - 172800 (current) = 250 DNET (70% miner 20% mn 10% prop)
block 172800 - 259000 = 50 DNET (45%/45% miner/mn 10% prop)
did mean the change in reward.
the top wallets have got a lot of the coins and I assume the MN are just a select amount of people with a lot of coins. Hard to see the distribution of the coin. I suspecting its not that good. Hopefully will include over time tho. I not selling a single coin and slowly get more with MN payouts and the odd buy here and there.
May 11, 2016, 06:27:45 AM
Do you think there will be a huge dump when masternode rewards decrease?
Because everybody will receive less coins, so not interesting anymore?
Or do you think the price will rise?
Because everybody will receive less coins, so not interesting anymore?
Or do you think the price will rise?
PoW rewards get decreased by 4/5 while MN rewards get decreased by 1/2, the change is actually a net positive for the MN owners. Only stupid people will dump. Price will go up, then when the first PoS period approaches we will start seeing even more panic buys.
We have about a week or so before the lesson in economics starts.
This. Miners rarely hold (most doesn't even know they ever mined DNET, they just get paid in BTC by multipools) and while some impatient MN holders will surely dump at the slightest increase in price, the price should slowly keep increasing.
May 11, 2016, 06:25:45 AM
How long till switch over?
hmm hope i'm not wrong:switchover at block 172800, current block 138730 = 34070 block to go at 60 Sec.
34070 / 60 = ~567 hrs / 24 = ~23 days
That's incorrect. As of posting this:
PoW Block Reward Decrease @ block 151200 (from 250 to 50 DNET)
151200 - 138813 / 1440 = 8.6 days left
PoW to PoS Switchover @ block 259200
259200 - 138813 / 1440 = 83.3 days left
my answer was not for pos switchover I think he was asking for reward switchover (well not sure)
numbers from ann post (pow reward breakdown):
block 43201 - 172800 (current) = 250 DNET (70% miner 20% mn 10% prop)
block 172800 - 259000 = 50 DNET (45%/45% miner/mn 10% prop)
May 11, 2016, 06:22:31 AM
The estimated ending of PoW in the ANN was approx 180 days from end of Nov 2015. Should be rather soonish.
May 11, 2016, 06:06:24 AM
How long till switch over?
hmm hope i'm not wrong:switchover at block 172800, current block 138730 = 34070 block to go at 60 Sec.
34070 / 60 = ~567 hrs / 24 = ~23 days
That's incorrect. As of posting this:
PoW Block Reward Decrease @ block 151200 (from 250 to 50 DNET)
151200 - 138813 / 1440 = 8.6 days left
PoW to PoS Switchover @ block 259200
259200 - 138813 / 1440 = 83.3 days left
May 11, 2016, 05:08:42 AM
Do you think there will be a huge dump when masternode rewards decrease?
Because everybody will receive less coins, so not interesting anymore?
Or do you think the price will rise?
Because everybody will receive less coins, so not interesting anymore?
Or do you think the price will rise?
PoW rewards get decreased by 4/5 while MN rewards get decreased by 1/2, the change is actually a net positive for the MN owners. Only stupid people will dump. Price will go up, then when the first PoS period approaches we will start seeing even more panic buys.
We have about a week or so before the lesson in economics starts.
May 11, 2016, 04:32:03 AM
So how's everything going with Darknet??? I am just waiting for staking to start getting going
Node counts up network getting ready for supply adjustment , looking good
How long till switch over?
hmm hope i'm not wrong:
switchover at block 172800, current block 138730 = 34070 block to go at 60 Sec.
34070 / 60 = ~567 hrs / 24 = ~23 days
May 11, 2016, 04:18:43 AM
So how's everything going with Darknet??? I am just waiting for staking to start getting going
Node counts up network getting ready for supply adjustment , looking good
How long till switch over?
May 11, 2016, 02:58:49 AM
So how's everything going with Darknet??? I am just waiting for staking to start getting going
Node counts up network getting ready for supply adjustment , looking good
May 11, 2016, 02:48:09 AM
what is masternode reward for each block and does having multiple of them means reward stacking like 4 masternodes = 4x masternodes block rewards
until block 172800 reward is 50 afterwards 22.5 for each masternode.
remember you can only use 1 mn for every ip. check the ann post for more info
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