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Topic: 🚀[ANN][PoSToken]First PoS Smart Contract Token[Lending Platform Available] - page 491. (Read 348488 times)

member
Activity: 111
Merit: 100
full member
Activity: 351
Merit: 100
Hello dev, thanks for the brief update. I'm so eager to know how this gonna be like when contract is already deployed. About new acquired postokens, let say ones bought at exchange in the future, does it has to be transferred on a fresh eth address for it to be triggered and benefit from pos? Is it posssible to send those tokens on addy that has postoken already, if so how is it be triggered? Sorry for asking these noob questions or missed reading if any, but kindly tell us little info about these. Thank you.

Hi mightybohemoth,

Let's explain this with a simple example:

Bob has only one ETH address and he received 4 transactions in total:

1.Received 10 PoSToken and held it for 91 days. 91 days is greater than the Max Coinage(90 days), so we use 90 days to calculate coinage: 10*90 = 900 token-days
2.Received 20 PoSToken and held it for 90 days. Coinage: 20*90  = 1800 token-days
3.Received 30 PoSToken and held it for 3 days. Coinage: 30*3 = 90 token-days.
4.Received 40 PoSToken and held it for 2 days. 2 days is less than the Min Coinage(3 days), so the coinage of these 40 PoSToken is zero.

During these days, Bob hasn't spent his token. Then we say that Bob has accumulated 1900+800+90 = 2790 token-days of CoinAge and if Bob start pos mining right now, he will get 2790*1/365 = 7.64 POS.
Now it's easy to understand, right?

The idea is very interesting. I begin to suspect that you are cooperating with the Vitalik Buterin on his behalf Metropolis  Smiley
full member
Activity: 331
Merit: 109
Wow, awesome dev on this project. Looking forward to see where this goes and glad to be onboard here. I like seeing active devs producing real results and here we have a perfect example of just that. Get in now before you miss your chance.
sr. member
Activity: 702
Merit: 255
Joined, may be not too late
You can join the distribution tokens before  September 12th.

What's the contract address, so I can view my PoS token balance?
Smiley
This information will be available after the airdrop.
full member
Activity: 260
Merit: 217
What's the contract address, so I can view my PoS token balance?
Smiley
full member
Activity: 322
Merit: 100
Joined, may be not too late
hero member
Activity: 728
Merit: 500
Great Project. First POS, I joined the airdrop!

A question: I saw the rules for airdrop "Just follow us on Twitter @PoSToken and retweet this tweet."

I filled in the form and I put a flag on the signature but I just followed twitter, is it ok? Or have I to redo the form?
newbie
Activity: 4
Merit: 0
hero member
Activity: 701
Merit: 500
MIGHTYB
Hello dev, thanks for the brief update. I'm so eager to know how this gonna be like when contract is already deployed. About new acquired postokens, let say ones bought at exchange in the future, does it has to be transferred on a fresh eth address for it to be triggered and benefit from pos? Is it posssible to send those tokens on addy that has postoken already, if so how is it be triggered? Sorry for asking these noob questions or missed reading if any, but kindly tell us little info about these. Thank you.

Hi mightybohemoth,

Let's explain this with a simple example:

Bob has only one ETH address and he received 4 transactions in total:

1.Received 10 PoSToken and held it for 91 days. 91 days is greater than the Max Coinage(90 days), so we use 90 days to calculate coinage: 10*90 = 900 token-days
2.Received 20 PoSToken and held it for 90 days. Coinage: 20*90  = 1800 token-days
3.Received 30 PoSToken and held it for 3 days. Coinage: 30*3 = 90 token-days.
4.Received 40 PoSToken and held it for 2 days. 2 days is less than the Min Coinage(3 days), so the coinage of these 40 PoSToken is zero.

During these days, Bob hasn't spent his token. Then we say that Bob has accumulated 1900+800+90 = 2790 token-days of CoinAge and if Bob start pos mining right now, he will get 2790*1/365 = 7.64 POS.
Now it's easy to understand, right?


Yes its clear dev, thank you so much I really appreciate the efforts of making such good examples. I know not only me but others here in the community now got an idea on how to take advantage of the coins that we can receive. Others really should not miss their spot on this airdrop opportunity!

sr. member
Activity: 714
Merit: 252
Hello dev, thanks for the brief update. I'm so eager to know how this gonna be like when contract is already deployed. About new acquired postokens, let say ones bought at exchange in the future, does it has to be transferred on a fresh eth address for it to be triggered and benefit from pos? Is it posssible to send those tokens on addy that has postoken already, if so how is it be triggered? Sorry for asking these noob questions or missed reading if any, but kindly tell us little info about these. Thank you.

Hi mightybohemoth,

Let's explain this with a simple example:

Bob has only one ETH address and he received 4 transactions in total:

1.Received 10 PoSToken and held it for 91 days. 91 days is greater than the Max Coinage(90 days), so we use 90 days to calculate coinage: 10*90 = 900 token-days
2.Received 20 PoSToken and held it for 90 days. Coinage: 20*90  = 1800 token-days
3.Received 30 PoSToken and held it for 3 days. Coinage: 30*3 = 90 token-days.
4.Received 40 PoSToken and held it for 2 days. 2 days is less than the Min Coinage(3 days), so the coinage of these 40 PoSToken is zero.

During these days, Bob hasn't spent his token. Then we say that Bob has accumulated 1900+800+90 = 2790 token-days of CoinAge and if Bob start pos mining right now, he will get 2790*1/365 = 7.64 POS.
Now it's easy to understand, right?


the math is easy to follow, but how does Bob start pos mining?
for most pos coins you simply unlock you're wallet and the posminer starts afaik eth doesn't have a posminer in its code so this is the bit that I'm interested in (no pun intended Cheesy)
full member
Activity: 154
Merit: 101
PoSToken
Hello dev, thanks for the brief update. I'm so eager to know how this gonna be like when contract is already deployed. About new acquired postokens, let say ones bought at exchange in the future, does it has to be transferred on a fresh eth address for it to be triggered and benefit from pos? Is it posssible to send those tokens on addy that has postoken already, if so how is it be triggered? Sorry for asking these noob questions or missed reading if any, but kindly tell us little info about these. Thank you.

Hi mightybohemoth,

Let's explain this with a simple example:

Bob has only one ETH address and he received 4 transactions in total:

1.Received 10 PoSToken and held it for 91 days. 91 days is greater than the Max Coinage(90 days), so we use 90 days to calculate coinage: 10*90 = 900 token-days
2.Received 20 PoSToken and held it for 90 days. Coinage: 20*90  = 1800 token-days
3.Received 30 PoSToken and held it for 3 days. Coinage: 30*3 = 90 token-days.
4.Received 40 PoSToken and held it for 2 days. 2 days is less than the Min Coinage(3 days), so the coinage of these 40 PoSToken is zero.

During these days, Bob hasn't spent his token. Then we say that Bob has accumulated 1900+800+90 = 2790 token-days of CoinAge and if Bob start pos mining right now, he will get 2790*1/365 = 7.64 POS.
Now it's easy to understand, right?
newbie
Activity: 31
Merit: 0
Through Free Airdrop of PoSToken, I am learning the mechanism of Proof of Stake. (and English at the same time)
I am very interested in this mechanism that does not rely on Large power consumption and high-performance computers. Smiley
sr. member
Activity: 728
Merit: 250
Look ARROUND!
Very nice coin, I want to ask are you planning to add it on an exchange?
sr. member
Activity: 305
Merit: 250
I am very impressed how Postoken provides an easy way in terms of checking the status of bounty participants.
I think this is a new breakthrough for setting up bounty especially checking the accepted membership status or not
hero member
Activity: 701
Merit: 500
MIGHTYB
Hello dev, thanks for the brief update. I'm so eager to know how this gonna be like when contract is already deployed. About new acquired postokens, let say ones bought at exchange in the future, does it has to be transferred on a fresh eth address for it to be triggered and benefit from pos? Is it posssible to send those tokens on addy that has postoken already, if so how is it be triggered? Sorry for asking these noob questions or missed reading if any, but kindly tell us little info about these. Thank you.
full member
Activity: 154
Merit: 101
PoSToken
My rank has changed from Jr. Member to Member.
I changed my signature. But I can not make changes of my status on postoken.org
Is it possible?

Dev is awesome so you will get an update soon.  

Hi community,

We just scanned all your bitcointalk accounts and updated your user rank in batches.  
Check the status, if there are still some problems with your rank,please let us know!  Smiley
Btw, don't forget to change your signature code if your rank was updated.
newbie
Activity: 28
Merit: 0
I'm registered in this ANN, I hope I'll be accept in this good project, good luck to me!
sr. member
Activity: 336
Merit: 250
SellALL, BuyBTC
My rank has changed from Jr. Member to Member.
I changed my signature. But I can not make changes of my status on postoken.org
Is it possible?

Dev is awesome so you will get an update soon. 
full member
Activity: 392
Merit: 108
My rank has changed from Jr. Member to Member.
I changed my signature. But I can not make changes of my status on postoken.org
Is it possible?
sr. member
Activity: 532
Merit: 250
INDEPENDENT WEALTH MANAGEMENT
Join airdrop and signature thanks dev
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