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Topic: [ANN]SummerCoin|POS|10% per day in 5 days|New wallet - page 17. (Read 162087 times)

hero member
Activity: 504
Merit: 500
let's take it over then! We need a new Dev it is true!
TTM
full member
Activity: 140
Merit: 100
Guys, i have feeling Summercoin's dev is now launching Libertycoin with his new account:
https://bitcointalksearch.org/topic/annlibertycoinxlb-v1030-x11-100-pos-no-ipo-no-premine-600322

Why do i think so ? We all remember that an old source code of Summercoin has Zerocoin library in it (but it has nothing to do with SUM). And now LibertyCoin is launched with Zerocoin technology included. So there is chance that this guy accidentally included Zerocoin in his Summercoin, while it's supposed to be Libertycoin which is another project of him.

I also see that the grammar and wordings of both devs are quite similar, he is asian i guess.

Note that only Anoncoin till now is the coin that implemented Zerocoin's lib, now we have Libertycoin. But somehow zerocoin's lib appeared in Summercoin's source. I just don't get it.

Coincidence ? I don't think so.

We all wonder why the dev is so inactive, it seems we have answer. He's busy with other projects.
legendary
Activity: 1050
Merit: 1000
lol, expected time for reward 7 hours ... for the last 2 days  Embarrassed
hero member
Activity: 504
Merit: 500
We need more miners at the multi pool. let's get that price up.

exactly! All my rigs are in atm!
sr. member
Activity: 294
Merit: 250
We need more miners at the multi pool. let's get that price up.
full member
Activity: 126
Merit: 100
I think, that PoS not working correct, i double mine summer coins for 4 days ....And the price go down ....


Check this:
Total coins will be about 50 millions and now are 19 mil

block 17000 to 30000: Nominal Stake Interest: 10% Daily
block 30001 to 87600: Nominal Stake Interest: 1% Daily

after block 87600 :
First year - 10%
second year - 5%
third year goes on - 2%

I am not good at math but calculate how many days since block 17.000 and after multiply with 10% per day ( and after each stake the mined coins stake also)  so it would be kind of double until now Smiley

We shall see the price after block 30.000 until then many people sell their stake.
legendary
Activity: 938
Merit: 1001
I think, that PoS not working correct, i double mine summer coins for 4 days ....And the price go down ....
legendary
Activity: 1456
Merit: 1000
the 10% interest has been extended.

my wallet keeps getting bigger. How cool is that? This cool:



That just means there will be more SUM and price will adjust downwards.

you actually believe what he say without checking out current coin supply and current block and OP ? We are not even at block 30,000 how is it extended ?

Did I get it wrong? Maybe I was mistaken.

I started out with 29k coins...mined from 4 or 5 hours after launch/re-launch. So I missed the big mine when difficulty was practically zero and there were issues with pools/wallets etc... I can't quite remember.

Today my balance was 48k.

I was expecting to get another 3-5k coins, and there has been no slowdown in the rate of regular payments. So I just assumed the interest rate was extended beyond the 5 days.

Anyway, its all cool.

Anyone herd from the Dev? Is he still working on a new wallet?
sr. member
Activity: 294
Merit: 250
Status: 502 confirmations
Date: 8.5.2014 16:50
From: unknown
To: SQR84iFQMpe3C6t8o9HpEKtKuziahsBnSk (own address, label: ADDRESSA 2)
Credit: 60.00 SUM
Net amount: +60.00 SUM
Transaction ID: 250d8e381080b7886d9ebed3a236bf1e5c4fdee31e3d46cf79f343128fc38df1


ty barbmc193!
full member
Activity: 126
Merit: 100
No , it wasn't extended.
Just check how POS works. Because of orphans blocks you will get higher and higher every day until the 10% stops , which will be block 30.000



full member
Activity: 210
Merit: 100
the 10% interest has been extended.

my wallet keeps getting bigger. How cool is that? This cool:



That just means there will be more SUM and price will adjust downwards.

you actually believe what he say without checking out current coin supply and current block and OP ? We are not even at block 30,000 how is it extended ?
hero member
Activity: 770
Merit: 500
miss this too... Sad
hero member
Activity: 896
Merit: 1000
the 10% interest has been extended.

my wallet keeps getting bigger. How cool is that? This cool:



That just means there will be more SUM and price will adjust downwards.
full member
Activity: 210
Merit: 100
I will be sending 10% of my stacking to the foundation each day!

Thanks



Thank you.
legendary
Activity: 1456
Merit: 1000
the 10% interest has been extended.

my wallet keeps getting bigger. How cool is that? This cool:

full member
Activity: 126
Merit: 100
I will be sending 10% of my stacking to the foundation each day!

Thanks

member
Activity: 119
Merit: 10
I like the summer because it is a fiery season.
full member
Activity: 210
Merit: 100
Please vote for summer coin @ https://c-cex.com/?id=vote , show some summer love  Cool
full member
Activity: 126
Merit: 100
I have requested C-cex to add it . As soon as it will be added for voting I will post the link here , with 100 votes we are live i think Smiley


full member
Activity: 126
Merit: 100
Where is the dev? is he still active?
Maybe dve is busy with other more important things

Could someone add the coin also to C-cex.com?
https://c-cex.com/?id=vote


Thanks

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