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Topic: [ANN][SMC] SmartCoin Official Thread - Hard Fork Halving Successful + Digishield - page 19. (Read 48942 times)

full member
Activity: 182
Merit: 100
SmartPirate brought up a good point earlier about the logo not showing up well.  And I always notice a new logo on CoinWarz.  If anyone has an idea to improve or change our logo please post it here.  If someone here is handy with photoshop we could use your help!
legendary
Activity: 1120
Merit: 1000

Thanks for Update

Oops, psionin tells me my block rewards were a bit off.  Here are the actual block rewards:

BLOCK REWARDS INFORMATION:

PoW Algorithm: Scrypt
Block Interval: 40 seconds
Difficulty Retarget: Every Block (Kimoto's Gravity Well)
(After Block 200,000 Digishield)

Block 1: 400,000 SMC
Block 2 - 999: 1 SMC
Block 1000 - 199,999: 64 SMC
Block 200,000 - 399,999: 32 SMC
Block 400,000 - 799,999: 16 SMC
Block 800,000 - 1,199,999: 10 SMC
Block 1,200,000 - 1,599,999: 8 SMC
Block 1,600,000 - 1,999,999: 6 SMC
Block 2,000,000 - 2,399,999: 5 SMC
Block 2,400,000 - 3,199,999: 4 SMC
Block 3,200,000 - 3,999,999: 3 SMC
Block 4,000,000 - 6,399,999: 2 SMC
Block 6,400,000 - 12,799,999: 1 SMC

After block 200,000, the formula for reduction is the following:
  f(x) = floor(32 / floor((x + 400,000) / 400,000)), where x is the block number
Most notable in the short term is 32 coins per block will last only 200,000 blocks instead of the 400,000 that I had stated.
Now I like it even more!
very well
good strategy for this coin
Thanks  Smiley
full member
Activity: 182
Merit: 100


Oops, psionin tells me my block rewards were a bit off.  Here are the actual block rewards:

BLOCK REWARDS INFORMATION:

PoW Algorithm: Scrypt
Block Interval: 40 seconds
Difficulty Retarget: Every Block (Kimoto's Gravity Well)
(After Block 200,000 Digishield)

Block 1: 400,000 SMC
Block 2 - 999: 1 SMC
Block 1000 - 199,999: 64 SMC
Block 200,000 - 399,999: 32 SMC
Block 400,000 - 799,999: 16 SMC
Block 800,000 - 1,199,999: 10 SMC
Block 1,200,000 - 1,599,999: 8 SMC
Block 1,600,000 - 1,999,999: 6 SMC
Block 2,000,000 - 2,399,999: 5 SMC
Block 2,400,000 - 3,199,999: 4 SMC
Block 3,200,000 - 3,999,999: 3 SMC
Block 4,000,000 - 6,399,999: 2 SMC
Block 6,400,000 - 12,799,999: 1 SMC

After block 200,000, the formula for reduction is the following:
  f(x) = floor(32 / floor((x + 400,000) / 400,000)), where x is the block number


Most notable in the short term is 32 coins per block will last only 200,000 blocks instead of the 400,000 that I had stated.
Now I like it even more!




What block is we on now? So how long aproox until new fork?

We are on block 173730.  So 200,000 (fork block) - 173730 = 26270 blocks left @ 40 seconds per block

26270 block X (40 sec/block) X (1 min/60 sec) X (1 hour / 60 min) X (1 day / 24 hour) = 12.16 days approximately
sr. member
Activity: 283
Merit: 250
What block is we on now? So how long aproox until new fork?
Wallet > Help > Debug window  >  Estimated total blocks  173724
sr. member
Activity: 374
Merit: 250


Oops, psionin tells me my block rewards were a bit off.  Here are the actual block rewards:

BLOCK REWARDS INFORMATION:

PoW Algorithm: Scrypt
Block Interval: 40 seconds
Difficulty Retarget: Every Block (Kimoto's Gravity Well)
(After Block 200,000 Digishield)

Block 1: 400,000 SMC
Block 2 - 999: 1 SMC
Block 1000 - 199,999: 64 SMC
Block 200,000 - 399,999: 32 SMC
Block 400,000 - 799,999: 16 SMC
Block 800,000 - 1,199,999: 10 SMC
Block 1,200,000 - 1,599,999: 8 SMC
Block 1,600,000 - 1,999,999: 6 SMC
Block 2,000,000 - 2,399,999: 5 SMC
Block 2,400,000 - 3,199,999: 4 SMC
Block 3,200,000 - 3,999,999: 3 SMC
Block 4,000,000 - 6,399,999: 2 SMC
Block 6,400,000 - 12,799,999: 1 SMC

After block 200,000, the formula for reduction is the following:
  f(x) = floor(32 / floor((x + 400,000) / 400,000)), where x is the block number


Most notable in the short term is 32 coins per block will last only 200,000 blocks instead of the 400,000 that I had stated.
Now I like it even more!




What block is we on now? So how long aproox until new fork?
full member
Activity: 182
Merit: 100

Thanks for Update

Oops, psionin tells me my block rewards were a bit off.  Here are the actual block rewards:

BLOCK REWARDS INFORMATION:

PoW Algorithm: Scrypt
Block Interval: 40 seconds
Difficulty Retarget: Every Block (Kimoto's Gravity Well)
(After Block 200,000 Digishield)

Block 1: 400,000 SMC
Block 2 - 999: 1 SMC
Block 1000 - 199,999: 64 SMC
Block 200,000 - 399,999: 32 SMC
Block 400,000 - 799,999: 16 SMC
Block 800,000 - 1,199,999: 10 SMC
Block 1,200,000 - 1,599,999: 8 SMC
Block 1,600,000 - 1,999,999: 6 SMC
Block 2,000,000 - 2,399,999: 5 SMC
Block 2,400,000 - 3,199,999: 4 SMC
Block 3,200,000 - 3,999,999: 3 SMC
Block 4,000,000 - 6,399,999: 2 SMC
Block 6,400,000 - 12,799,999: 1 SMC

After block 200,000, the formula for reduction is the following:
  f(x) = floor(32 / floor((x + 400,000) / 400,000)), where x is the block number


Most notable in the short term is 32 coins per block will last only 200,000 blocks instead of the 400,000 that I had stated.
Now I like it even more!

legendary
Activity: 1106
Merit: 1000
The future is bright with DigiByte.
Smart way of using money online, smart coin.
Live a smart life with smart coin.
Think smart, buy smart, live smart.
Stay smart with smartcoin.
Buy smart, hold smart, spend smart.
Smart Marketing Company (SMC).
Smart Marketing Concepts (SMC).

legendary
Activity: 1120
Merit: 1000
***HARD FORK HALVING AT BLOCK 200,000 !!!***
***UPDATE YOUR WINDOWS WALLETS TO v1.3.2.0 HERE:***
https://github.com/psionin/smartcoin/releases/tag/v1.3.2.0
***UPDATED SOURCE HERE:***
https://github.com/psionin/smartcoin

Psionin is our Lead Developer
I am our Operations Manager


The old thread is here:
https://bitcointalksearch.org/topic/annsmc-smartcoin-kgw-cryptsy-reduced-block-rewards-update-your-wallets-10-exchange-400893

Websites:
http://smartcoin.cc/ (Thanks psionin!)
http://www.smartcoin.me/

Windows Wallet:
https://github.com/psionin/smartcoin/releases/tag/v1.3.2.0

Faucet:
http://freesmc.tk/index.php

BLOCK REWARDS INFORMATION:

PoW Algorithm: Scrypt
Block Interval: 40 seconds
Difficulty Retarget: Every Block (Kimoto's Gravity Well)
(After Block 200,000 Digishield)

Block 1: 400,000 SMC
Block 2-999: 1 SMC
Block 1000-200,000: 64 SMC
Block 200,000-600,000: 32 SMC
Block 600,000-1,000,000: 16 SMC
etc.

After block 200,000, rewards will be reduced every 400,000 blocks.

Thanks for Update
newbie
Activity: 9
Merit: 0
...Great looking forward to it.
newbie
Activity: 34
Merit: 0
We need to make a logo that states "Smartcoin accepted here".

Anyone with photoshop who feels creative?
full member
Activity: 182
Merit: 100
full member
Activity: 182
Merit: 100
Update your wallet  Wink

Please Update the OP
BLOCK REWARDS INFORMATION:

Thanks  Smiley


new wallet again? dont see anyone newer then 1.3.2 ??

We are hard forking at block 200,000 so it is a mandatory update to wallet v1.3.2.0
The following is a very short summation of what happens at block 200,000:

Halving to 32 coins per block
Switching from KGW to Digishield due to a theoretical exploit of KGW (at the request of SwissCex)
legendary
Activity: 1120
Merit: 1000
Update your wallet  Wink

Please Update the OP
BLOCK REWARDS INFORMATION:

Thanks  Smiley


new wallet again? dont see anyone newer then 1.3.2 ??

Yes the new wallet is 1.3.2
But

I remind people who have not done
as often as we write in the thread, the more people will see this thread on the first page in the entire forum
sr. member
Activity: 374
Merit: 250
Update your wallet  Wink

Please Update the OP
BLOCK REWARDS INFORMATION:

Thanks  Smiley


new wallet again? dont see anyone newer then 1.3.2 ??
legendary
Activity: 1120
Merit: 1000
Update your wallet  Wink

Please Update the OP
BLOCK REWARDS INFORMATION:

Thanks  Smiley
sr. member
Activity: 465
Merit: 254
newbie
Activity: 34
Merit: 0
Some ideas....

Games:
-Smartcoin Sportsmatch - A P2P sports match site
-Smartcoin Poker - Texas Hold'em using SMC as the currency

Marketing:
-Celebrity Endorsement - Some young up and coming actor or singer would be ideal.
-Athlete endorsement - Jeremy Lin, Tim Tebow, etc.. Some young and up and coming athlete would be ideal
-Business investors and endorsement - Well known economist and libertarian, Peter Schiff comes to mind.

Tech/Innovation Products:
-Smartcoin Debit Card
-Smartcoin ATM
-Smartcoin Phone
-Smartcoin App


Feel free to add any more ideas to the list.

And most importantly, lets start DEVELOPING.

There's one simple thing that anyone can do that can make a huge difference, and that's to make contact with new services in the bitcoin ecosystem, and then also to reach out beyond the core community.

For example, type into Google variations of a search related to crypto currencies, like "crypto currency exchange". Look through them, make an account, ask support to add SMC to the trading. A lot of new exchanges will gladly add coins that are proactive in communicating with them, because that means that it is more likely that a coin is dependable and something that is good to trade. E.g., https://cryptx.io/, https://bittrex.com/

Look on this forum, go to services, https://bitcointalk.org/index.php?board=52.0. Find something cool, test it out, make some feedback, ask them to integrate SMC. E.g., https://www.coinpayments.net/

What about being added to a new coin market database? New things are coming out all the time. E.g., http://www.altcoinstats.com/

You can go to other forums, chat rooms, YouTube videos, and just mention SmartCoin whenever a crypto currency discussion is relevant. And not just advertising the name, but making the point that you can get coins that pretty much have the same underlying value as, say, LTC, but rather than for $10, or $500 like for bitcoin, for less than 1 cent! You can also make write comments on general financial news articles and blogs, where there is pro and anti bitcoin discussion going on, and also mention SmartCoin there so that people remember it as one of the first coins they learned about when they do decide to look into crypto currencies.

I like it! Definitely some effective ideas! I will get on it.

Everyone should follow suit. Don't wait for someone else to do it. Every little thing makes a big difference!
sr. member
Activity: 465
Merit: 254
Some ideas....

Games:
-Smartcoin Sportsmatch - A P2P sports match site
-Smartcoin Poker - Texas Hold'em using SMC as the currency

Marketing:
-Celebrity Endorsement - Some young up and coming actor or singer would be ideal.
-Athlete endorsement - Jeremy Lin, Tim Tebow, etc.. Some young and up and coming athlete would be ideal
-Business investors and endorsement - Well known economist and libertarian, Peter Schiff comes to mind.

Tech/Innovation Products:
-Smartcoin Debit Card
-Smartcoin ATM
-Smartcoin Phone
-Smartcoin App


Feel free to add any more ideas to the list.

And most importantly, lets start DEVELOPING.

There's one simple thing that anyone can do that can make a huge difference, and that's to make contact with new services in the bitcoin ecosystem, and then also to reach out beyond the core community.

For example, type into Google variations of a search related to crypto currencies, like "crypto currency exchange". Look through them, make an account, ask support to add SMC to the trading. A lot of new exchanges will gladly add coins that are proactive in communicating with them, because that means that it is more likely that a coin is dependable and something that is good to trade. E.g., https://cryptx.io/, https://bittrex.com/

Look on this forum, go to services, https://bitcointalk.org/index.php?board=52.0. Find something cool, test it out, make some feedback, ask them to integrate SMC. E.g., https://www.coinpayments.net/

What about being added to a new coin market database? New things are coming out all the time. E.g., http://www.altcoinstats.com/

You can go to other forums, chat rooms, YouTube videos, and just mention SmartCoin whenever a crypto currency discussion is relevant. And not just advertising the name, but making the point that you can get coins that pretty much have the same underlying value as, say, LTC, but rather than for $10, or $500 like for bitcoin, for less than 1 cent! You can also make write comments on general financial news articles and blogs, where there is pro and anti bitcoin discussion going on, and also mention SmartCoin there so that people remember it as one of the first coins they learned about when they do decide to look into crypto currencies.
newbie
Activity: 34
Merit: 0
Some ideas....

Games:
-Smartcoin Sportsmatch - A P2P sports match site
-Smartcoin Poker - Texas Hold'em using SMC as the currency

Marketing:
-Celebrity Endorsement - Some young up and coming actor or singer would be ideal.
-Athlete endorsement - Jeremy Lin, Tim Tebow, etc.. Some young and up and coming athlete would be ideal
-Business investors and endorsement - Well known economist and libertarian, Peter Schiff comes to mind.

Tech/Innovation Products:
-Smartcoin Debit Card
-Smartcoin ATM
-Smartcoin Phone
-Smartcoin App


Feel free to add any more ideas to the list.

And most importantly, lets start DEVELOPING.
legendary
Activity: 1120
Merit: 1000
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