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Topic: [ANN][SEED] SeedCoin | New Road Map - page 143. (Read 184103 times)

hero member
Activity: 504
Merit: 500
Bitcoin is getting bigcoin
October 04, 2014, 04:30:55 PM
Dev is everything is fine to launch the coin?
so I can rent a rig nw


first 2-100 blocks have a zero reward , so if i was you i spare some minutes ( so i can rent the cheapest)
legendary
Activity: 2688
Merit: 1240
October 04, 2014, 04:30:51 PM
So what pool is everybody going to use?

all of them Smiley
hero member
Activity: 574
Merit: 500
( ͡° ͜ʖ ͡°)
October 04, 2014, 04:30:39 PM
So what pool is everybody going to use?

Several, lots of different options you can choose from in the op.
legendary
Activity: 1036
Merit: 1000
https://bmy.guide
October 04, 2014, 04:28:41 PM
So what pool is everybody going to use?
member
Activity: 72
Merit: 10
October 04, 2014, 04:28:11 PM
Looks like a P2P pool is also being set up.
From Twitter https://twitter.com/clark_alastair/status/518493388996632577:
"CryptoKeeper ‏@clark_alastair  12m12 minutes ago
dont worry everyone i will be ready for the $SEED launch. p2pool. use your wallet address as username. stratum+tcp://99.236.215.227:1112"
full member
Activity: 138
Merit: 100
October 04, 2014, 04:14:53 PM
Dev is everything is fine to launch the coin?
so I can rent a rig nw
hero member
Activity: 504
Merit: 500
Bitcoin is getting bigcoin
October 04, 2014, 04:06:14 PM
so , i am back for mining again , so with my info , mining starts at 959 beats exactly Huh??

http://www.swatch.com/nl_nl/internettime/

to prevent misunderstanding ,

lol beats ?!

for me it says 916 beats

(it's in one hour.. to prevent misunderstanding)

haha , tanx , one hour is also good for me
sr. member
Activity: 434
Merit: 250
October 04, 2014, 04:05:41 PM
I'm gonna give it a go at Suchpool, especially since they added a 2k-4k vardiff port that my ASICs absolutely love
legendary
Activity: 2688
Merit: 1240
October 04, 2014, 04:01:37 PM
so , i am back for mining again , so with my info , mining starts at 959 beats exactly Huh??

http://www.swatch.com/nl_nl/internettime/

to prevent misunderstanding ,

lol beats ?!

for me it says 916 beats

(it's in one hour.. to prevent misunderstanding)
hero member
Activity: 504
Merit: 500
Bitcoin is getting bigcoin
October 04, 2014, 03:59:44 PM
so , i am back for mining again , so with my info , mining starts at 959 beats exactly Huh??

http://www.swatch.com/nl_nl/internettime/

to prevent misunderstanding ,
newbie
Activity: 5
Merit: 0
October 04, 2014, 03:40:35 PM
FYI, we will be launching with multiple difficulty ports, including a very broad vardiff port, and will have a NOMP pool where no registration is required and payouts are made as soon as they're confirmed. Payouts will be made directly to wallets, so there is little risk for the miner.

We look forward to having the source code!
legendary
Activity: 1036
Merit: 1000
https://bmy.guide
October 04, 2014, 03:36:46 PM
1.30 Hours until launch
sr. member
Activity: 434
Merit: 250
October 04, 2014, 03:15:33 PM
hmm forgot about those
hero member
Activity: 784
Merit: 502
October 04, 2014, 03:09:07 PM
You can try solo on the wallet at launch for a few minutes, I'm certainly going to try before the pools have the source compiled :-)

The pools will be running by the time the block rewards kick in.  Keep in mind there are 0 rewards for the first blocks.
sr. member
Activity: 434
Merit: 250
October 04, 2014, 03:06:35 PM
You can try solo on the wallet at launch for a few minutes, I'm certainly going to try before the pools have the source compiled :-)
sr. member
Activity: 252
Merit: 250
October 04, 2014, 01:23:17 PM
Hey guys! I am very exciting the launch! Here is a little review I made about Seed Coin so far!

http://cryptothrone.com/seedcoin-seed-1000x-growth-period-scrypt-powpos/
sr. member
Activity: 289
Merit: 250
full member
Activity: 140
Merit: 100
October 04, 2014, 12:18:13 PM
I wanted to give an update for everyone. Testing is finished and has gone well. Launch time currently looks good, but Mac wallets wont be ready by then. Sorry about that.

One thing that we did discover during testing is that our math is a 'little off' for 1000x for the week at 269% interest, and I wanted to let you know. It was calculated based on the rate a coin would have to grow to reach 1000x in 7 days, which is absolutely true. But it was clearly stated in the OP that the interest would be 269% daily, which is a different thing altogether. That will create 269% more coins for you, on top of the ones you already have. So instead of 1 coin staking into 2.69 coins on day one of the growth period, it will PRODUCE 2.69 coins, and leave you with 3.69 coins to stake tomorrow, when the same thing will happen again, hence compound interest.

Anyway, long story short, I've re-done the math, and with 269% interest a single coin mined continuously over a week will produce nearly 10k coins, not 1k coins. Oops! Anyway, we talked about it and decided to leave it as is, since 269% daily interest during the growth period is the advertised spec. I just wanted to let people know, since the maximum number of coins that could be produced, depending on the number of coins mined and how many coins overall get staked, is now roughly 10m, not 1m.

I've updated the graph to show the growth:

https://docs.google.com/spreadsheets/d/1b1_BKfRxuOeAzvhzmldG1P0d0bxZAEQsXXmcBDHedTY/edit#gid=43161177

As for the ICO, coins will go out once they mature after POW begins - which will happen after block 121. Those blocks will go by pretty fast while the difficulty is still ramping up. Testing suggests it will take roughly 10-15 minutes.

Thanks for updating everyone.

Working on getting the final builds together and nodes online right now.

People that participated in the ICO with the offline wallet - please back up your wallet.dat in %appdata%/seedcoin to a safe place, and delete everything in that folder EXCEPT for your wallet.dat. It is critical to keep your wallet.dat safe, if you delete it we can not recover it for you, and that is where your coins will be sent.
sr. member
Activity: 280
Merit: 250
October 04, 2014, 11:59:03 AM
I wanted to give an update for everyone. Testing is finished and has gone well. Launch time currently looks good, but Mac wallets wont be ready by then. Sorry about that.

One thing that we did discover during testing is that our math is a 'little off' for 1000x for the week at 269% interest, and I wanted to let you know. It was calculated based on the rate a coin would have to grow to reach 1000x in 7 days, which is absolutely true. But it was clearly stated in the OP that the interest would be 269% daily, which is a different thing altogether. That will create 269% more coins for you, on top of the ones you already have. So instead of 1 coin staking into 2.69 coins on day one of the growth period, it will PRODUCE 2.69 coins, and leave you with 3.69 coins to stake tomorrow, when the same thing will happen again, hence compound interest.

Anyway, long story short, I've re-done the math, and with 269% interest a single coin mined continuously over a week will produce nearly 10k coins, not 1k coins. Oops! Anyway, we talked about it and decided to leave it as is, since 269% daily interest during the growth period is the advertised spec. I just wanted to let people know, since the maximum number of coins that could be produced, depending on the number of coins mined and how many coins overall get staked, is now roughly 10m, not 1m.

I've updated the graph to show the growth:

https://docs.google.com/spreadsheets/d/1b1_BKfRxuOeAzvhzmldG1P0d0bxZAEQsXXmcBDHedTY/edit#gid=43161177

As for the ICO, coins will go out once they mature after POW begins - which will happen after block 121. Those blocks will go by pretty fast while the difficulty is still ramping up. Testing suggests it will take roughly 10-15 minutes.
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