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Topic: [ANN]SummerCoin|POS|10% per day in 5 days|New wallet - page 211. (Read 162095 times)

sr. member
Activity: 490
Merit: 250
It's the same thing as a pre-mine your just trying to call it something else so by him saying no pre-mine it makes this kind of suspect.  All this does is insures the dev wont dump all the coins he gets from the "tax" at one time while its still in the mining phase.  Roughly 6,666,666 coins will be given to the dev on this "tax", I would just prefer that this goes away in general and I'm sure the majority of people here would too.  A lot of the bounties this "tax" is for could be done free if you help build a good community with people wanting this coin to flourish or the bounties usually get paid by donations from the community.  I have seen this plenty of times before.

Are you kidding me?

Can change the 500 million to 50 million?
newbie
Activity: 28
Merit: 0
It's the same thing as a pre-mine your just trying to call it something else so by him saying no pre-mine it makes this kind of suspect.  All this does is insures the dev wont dump all the coins he gets from the "tax" at one time while its still in the mining phase.  Roughly 6,666,666 coins will be given to the dev on this "tax", I would just prefer that this goes away in general and I'm sure the majority of people here would too.  A lot of the bounties this "tax" is for could be done free if you help build a good community with people wanting this coin to flourish or the bounties usually get paid by donations from the community.  I have seen this plenty of times before.

Are you kidding me?
full member
Activity: 257
Merit: 100
  • PREMINE: NO, each block sends 300 200 coin for foundation support

Uh.... you need to get rid of the bold.  If you are going to try and back door coins to yourself you might as well just pre-mine because you are basically doing the same thing.

Its a little better than a premine IMO. Its basically like a 1.3% tax Smiley In a way its fair coz the dev needs something for his efforts right. Most coins have the same amount premined for bounties and bribes and other shit. By saying no premine and no IPO, you are essentially saying to the devs to code and spend their time for free. I think a dev of a coin needs a little more incentive to be there for the coin if something gets broken. You can't have that if the dev is in the same level as the miners.

It's the same thing as a pre-mine your just trying to call it something else so by him saying no pre-mine it makes this kind of suspect.  All this does is insures the dev wont dump all the coins he gets from the "tax" at one time while its still in the mining phase.  Roughly 6,666,666 coins will be given to the dev on this "tax", I would just prefer that this goes away in general and I'm sure the majority of people here would too.  A lot of the bounties this "tax" is for could be done free if you help build a good community with people wanting this coin to flourish or the bounties usually get paid by donations from the community.  I have seen this plenty of times before.
hero member
Activity: 952
Merit: 502
i like it , but can not get it free,gaga
legendary
Activity: 3248
Merit: 1070
27 April... Summer is coming much earlier than I thought...

two months early not bad

probably he wanted to be the first to create the coin
legendary
Activity: 1400
Merit: 1050
27 April... Summer is coming much earlier than I thought...
member
Activity: 119
Merit: 100
newbie
Activity: 3
Merit: 0
Yeah x11 is rly good idea.x11 runs much cooler  Smiley
full member
Activity: 179
Merit: 100
http://SUM.nmgpool.com/




Reward System: Full Stratum/Vardiff system with PROP
Server Location: China/America
Pro Hardware: Connections: 10 gigabit network hypervisor/storage. Direct connection to AIMX, MSX
Storage: Fast ZFS based environment with SSD cache and 32 disks.
CPU: Xeon 64bit / 16 powerful CPU cores
Ram: 128 GB RAM.

Security:
Two different geo-locations Hot wallets (primary and instant back-up).
Offline secured cold Wallet.
Automated back-ups and warning system for operators.
Ddos protecion.


You are more than welcome to mine with us!
PROP payout system | Fast payouts | 2 days ago 0% tax rate, after the resumption% 1

 Smiley Smiley Smiley Smiley
newbie
Activity: 28
Merit: 0
sr. member
Activity: 350
Merit: 250
10000 block x 200 = 2.000.000 (its will need 5 day to get all total coin)
2000000 - bounty and dev = ?
i think this ok you sum it by your self  Wink

hmm can give more for bounty. after i sum it still left to much coin in your bag. lol
and what you think exactly about the bounties?

it was 300 coins per block, now it decrease to 200 coins
i think its a reasonable amount for premine or anything you want to call it
i believe the devs have deserve it
legendary
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
x11 is good.

X11 is great!!  It gets really warm in the basement with just scrypt!!!
sr. member
Activity: 560
Merit: 250
x11 is good.
newbie
Activity: 42
Merit: 0
10000 block x 200 = 2.000.000 (its will need 5 day to get all total coin)
2000000 - bounty and dev = ?
i think this ok you sum it by your self  Wink

hmm can give more for bounty. after i sum it still left to much coin in your bag. lol
newbie
Activity: 11
Merit: 0
it's not summer yet Grin
newbie
Activity: 42
Merit: 0
I like this better than a premine but I would still prefer just nothing. Grin
member
Activity: 77
Merit: 10
nice coin.will mine some
legendary
Activity: 1596
Merit: 1010
We have completed our pre-ann article for SummerCoin :

http://www.cryptoarticles.com/crypto-news/2014/4/25/summercoin-first-ever-x11-powpos-hybrid-launching-april-27th#

A Like and/or Share would be appreciated Smiley
member
Activity: 84
Merit: 10
10000 block x 200 = 2.000.000 (its will need 5 day to get all total coin)
2000000 - bounty and dev = ?
i think this ok you sum it by your self  Wink

hmm can give more for bounty. after i sum it still left to much coin in your bag. lol
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