20% Pre-mine?
?
?talking about "sirius"
Topic: [ANN][SSC] Siriuscoin SHA3 | launch 01/01/2014 | 30 sec Block | 2 min Retarget - page 2. (Read 3726 times)
January 01, 2014, 03:58:57 AM
January 01, 2014, 03:45:18 AM
What are your timelines for the QT client (if any) and SSMiner?
January 01, 2014, 03:42:35 AM
Scamcoin. Stay clear.
January 01, 2014, 03:40:54 AM
Correct Makefile.unix uploaded to Github.
Linux siriuscoind should be able to compile. Test on Ubuntu 13.10.
Linux siriuscoind should be able to compile. Test on Ubuntu 13.10.
January 01, 2014, 02:10:54 AM
Quote
As a long lifespan coin, we have set up a system of reserve & budget to finance the upkeep, maintenance & developments of the coin. 20% of the coin is instant/pre-mined and kept in reserve to be budget out to the operation account over 500 years, on yearly basis, to ensure that there is enough fund for infrastructural upkeep, maintenance expenses & development of features as the coin matures.
Really? You need 500 years of support money up front?
I guess it beats a standard 5 year business plan
January 01, 2014, 02:10:16 AM
Windows daemon is not connecting for me.
Source is not compiling on linux...lots of sph_keccak256 errors.
Oh well.
Source is not compiling on linux...lots of sph_keccak256 errors.
Oh well.
Yep. Not compiling on Linux, same error
January 01, 2014, 02:09:59 AM
Quote
As a long lifespan coin, we have set up a system of reserve & budget to finance the upkeep, maintenance & developments of the coin. 20% of the coin is instant/pre-mined and kept in reserve to be budget out to the operation account over 500 years, on yearly basis, to ensure that there is enough fund for infrastructural upkeep, maintenance expenses & development of features as the coin matures.
Really? You need 500 years of support money up front?
Just a lame and unbelievable excuse to justify the incredible 20 % premine, yes folks come on go mine and promote this coin so the dev can make a quick 120 BTC when he dumps it after you all build up its value
January 01, 2014, 02:08:40 AM
reserved im sirius
January 01, 2014, 02:04:56 AM
Windows daemon is not connecting for me.
Source is not compiling on linux...lots of sph_keccak256 errors.
Oh well.
Source is not compiling on linux...lots of sph_keccak256 errors.
Oh well.
January 01, 2014, 02:04:48 AM
Quote
As a long lifespan coin, we have set up a system of reserve & budget to finance the upkeep, maintenance & developments of the coin. 20% of the coin is instant/pre-mined and kept in reserve to be budget out to the operation account over 500 years, on yearly basis, to ensure that there is enough fund for infrastructural upkeep, maintenance expenses & development of features as the coin matures.
Really? You need 500 years of support money up front?
January 01, 2014, 02:03:13 AM
Quote
Instamine/premine: 2,000,000,000 (20%) (Reserve)
Such premine , many dumping
Come on folks who gonna mine this, with 2 billion coins in the hand of the dev ready to be dumped as soon as the coin gains some value
scamcoin
January 01, 2014, 02:03:06 AM
20% Pre-mine??
? January 01, 2014, 02:02:26 AM
reserved
January 01, 2014, 01:58:45 AM
addnode 222.165.72.96
siriuscoind.exe at https://github.com/siriuscoin/siriuscoin/releases/download/0.0.1/siriuscoind.zip
siriuscoind.exe at https://github.com/siriuscoin/siriuscoin/releases/download/0.0.1/siriuscoind.zip
January 01, 2014, 01:56:58 AM
seed node?
January 01, 2014, 01:56:55 AM
reserved and first 
OP, thanks for at least putting some interesting details in the first posting rather than the rubbish launch info some others have done recently. I know there is more info needed but at least you've made an effort. Remember me when this goes big
Although just noticed the pre-mine %
guess I should read quicker and post slower.
OP, thanks for at least putting some interesting details in the first posting rather than the rubbish launch info some others have done recently. I know there is more info needed but at least you've made an effort. Remember me when this goes big
Although just noticed the pre-mine %
guess I should read quicker and post slower. January 01, 2014, 01:55:53 AM
Siriuscoin (SSC) (天狼币)
http://www.siriuscoin.org/files/cache/3ec2ce6954994fe63ca136c12d6e847d_f9.png
Technical info:
Algorithm: SHA3-256 (keccak)
Codebase: Bitcoin 0.8.6
Total coins: 10,000,000,000
Block spacing: 30 sec
Difficulty adjustment: 4 block (120 sec)
Subsidy per block: 25
Instamine/premine: 2,000,000,000 (20%) (Reserve)
Features: Checkpointsync (ported from primecoin/ppcoin) status:mature
Storedata(Senddata) (ported from datacoin) status:work in progress
Website: http://www.siriuscoin.org/
Source: https://github.com/siriuscoin/siriuscoin
Windows siriuscoind & siriuscoin-qt: https://github.com/siriuscoin/siriuscoin/releases/download/0.0.1-patched/siriuscoin.zip
Introduction
Siriuscoin is an experiment to create the next phase in the evolution of monetary system, from country based centralized monetary system to that of global based distributed monetary system.
From the dawn of mankind, man had created monetary systems to facilitate exchanges of goods & services. Early days currencies includes things like shells & stones, later precious stone & metals, like jade, silver & gold. As civilization advances, the need for money increases & physical type of money are too heavy to carry around, so paper currencies backed by precious commodities was introduced. In modern times, countries change their currencies from back by commodities to that back by basket of other currencies without transparency. This change in monetary system is mainly to free up the precious commodities concerned for trading/usage & cash flow of the countries. The current monetary system is flawed as the currencies is basically only backed by the trust of the concerned government, which as we all know, are not trustworthy. The other issue with current currencies is that the government, which supposed to be trustworthy, have abused the system & have been printing money like no tomorrow. With all these concerns, we have set out to find the next phase in the evolution of our monetary system. One that is free of abuse & truly fair.
Overview
Siriuscoin is created to be stable & evolutionary. To this end, the mining period have been extended to more than 300 years, with no adjust to the mining subsidy to keep the supply constant and stable. To keep the coin relevant over such a long period of time, the coin must be able to evolve as needed. To this end, a plan have been put in place to allow the coin to evolve over time, without effecting its value or functionality.
As a long lifespan coin, we have set up a system of reserve & budget to finance the upkeep, maintenance & developments of the coin. 20% of the coin is instant/pre-mined and kept in reserve to be budget out to the operation account over 500 years, on yearly basis, to ensure that there is enough fund for infrastructural upkeep, maintenance expenses & development of features as the coin matures.
Future Developments
Developments listed below are unsorted & maybe not be developed in sequence.
Storedata :
As this feature is not maturely implemented in datacoin at the point of porting. Various issues will need to be fixed.
Implement file storage functionality.
Implement large file/data storage functionality.
SSminer :
Standalone miner capable of connecting to & mining on both siriuscoind & SSpool.
Qt GUI interface for easy operation.
SSpool :
Pool software for Siriuscoin.
Frontend & management web interface.
Coloured chain :
Multi chain system to support future feature developments & enhance overall performance.
Thin wallet :
Develop a feature specific wallet that have low disk space & resources requirements.
Able to operate under IOS, Android, WindowsCE, Windows 7 & above, ROS & Linux.
Targeted towards smart devices, mobile devices, tablets & low-end laptops.
New wallet :
Develop a new wallet capable of using all the features within the GUI.
Built-in block explorer.
Able to operate under Apple, Linux, ROS & Windows 7 & above.
http://www.siriuscoin.org/files/cache/3ec2ce6954994fe63ca136c12d6e847d_f9.png
Technical info:
Algorithm: SHA3-256 (keccak)
Codebase: Bitcoin 0.8.6
Total coins: 10,000,000,000
Block spacing: 30 sec
Difficulty adjustment: 4 block (120 sec)
Subsidy per block: 25
Instamine/premine: 2,000,000,000 (20%) (Reserve)
Features: Checkpointsync (ported from primecoin/ppcoin) status:mature
Storedata(Senddata) (ported from datacoin) status:work in progress
Website: http://www.siriuscoin.org/
Source: https://github.com/siriuscoin/siriuscoin
Windows siriuscoind & siriuscoin-qt: https://github.com/siriuscoin/siriuscoin/releases/download/0.0.1-patched/siriuscoin.zip
Introduction
Siriuscoin is an experiment to create the next phase in the evolution of monetary system, from country based centralized monetary system to that of global based distributed monetary system.
From the dawn of mankind, man had created monetary systems to facilitate exchanges of goods & services. Early days currencies includes things like shells & stones, later precious stone & metals, like jade, silver & gold. As civilization advances, the need for money increases & physical type of money are too heavy to carry around, so paper currencies backed by precious commodities was introduced. In modern times, countries change their currencies from back by commodities to that back by basket of other currencies without transparency. This change in monetary system is mainly to free up the precious commodities concerned for trading/usage & cash flow of the countries. The current monetary system is flawed as the currencies is basically only backed by the trust of the concerned government, which as we all know, are not trustworthy. The other issue with current currencies is that the government, which supposed to be trustworthy, have abused the system & have been printing money like no tomorrow. With all these concerns, we have set out to find the next phase in the evolution of our monetary system. One that is free of abuse & truly fair.
Overview
Siriuscoin is created to be stable & evolutionary. To this end, the mining period have been extended to more than 300 years, with no adjust to the mining subsidy to keep the supply constant and stable. To keep the coin relevant over such a long period of time, the coin must be able to evolve as needed. To this end, a plan have been put in place to allow the coin to evolve over time, without effecting its value or functionality.
As a long lifespan coin, we have set up a system of reserve & budget to finance the upkeep, maintenance & developments of the coin. 20% of the coin is instant/pre-mined and kept in reserve to be budget out to the operation account over 500 years, on yearly basis, to ensure that there is enough fund for infrastructural upkeep, maintenance expenses & development of features as the coin matures.
Future Developments
Developments listed below are unsorted & maybe not be developed in sequence.
Storedata :
As this feature is not maturely implemented in datacoin at the point of porting. Various issues will need to be fixed.
Implement file storage functionality.
Implement large file/data storage functionality.
SSminer :
Standalone miner capable of connecting to & mining on both siriuscoind & SSpool.
Qt GUI interface for easy operation.
SSpool :
Pool software for Siriuscoin.
Frontend & management web interface.
Coloured chain :
Multi chain system to support future feature developments & enhance overall performance.
Thin wallet :
Develop a feature specific wallet that have low disk space & resources requirements.
Able to operate under IOS, Android, WindowsCE, Windows 7 & above, ROS & Linux.
Targeted towards smart devices, mobile devices, tablets & low-end laptops.
New wallet :
Develop a new wallet capable of using all the features within the GUI.
Built-in block explorer.
Able to operate under Apple, Linux, ROS & Windows 7 & above.
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