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Topic: [ANN][TAC] TalkCoin *** OFFICIAL THREAD *** - page 21. (Read 63848 times)

legendary
Activity: 1148
Merit: 1000
anyone have settings for r9 280x?
member
Activity: 112
Merit: 10
Since it is possible to contact all voters via the chat coordination of the vote could be far easier than it is with hvc. the community can control the mint rate and the volume if the community is organized enough. It's really no different than a coin that mints X number of coins , with X number to f coins yearly for inflation. The community could mint say 5 million coins and then vote zero, effectively capping at 5 mil but always having the option to mint more.

Even tho the chat system costs 1 TAC, it creates a market and demand in itself. The chat also creates a unique advertising opportunity that other coins do not have.
TAC is one of if not the most energy efficient algos, which is fantastic, plus low temps will be a great draw in the summer heat.

TAC brings a lot of new innovation to crypto, I personally don't know how to convert that to a satoshi value, but I'd say it's got more potential value than any other clone coin of late. Just my thoughts, not sure that helped the question tho...

hi - i am just trying to understand the supply side better - if people just vote for high block reward and there is no reduction, won't TAC have an unusually large supply of coins at that stage compared to e.g. DRK so the price will drop as coin supply is dilluted with lots of easily mined new coins?

PS: can't we estimate low and upper limit on total coin supply like HVC do?

People usually tend to vote for small block reward to gain more value for the already mined coins, so i don't think anybody will have easy coins as even if there will be for 3 days a high block reward period there will be more miners too, moreover block reward lowered already based on user votes from 25 to 21.2 coins. Even if current scheme will seem to be not working it can be solved by a new wallet release with a max coins cap in it but i don't think it will be needed. Voting the reward is a pretty democratic way to decide the block value.

thanks to you and crypto mines above for the info

i understand voting for low supply is good for the price - stake coins like BC / CINNI did well out of restricted supply

but what is the incentive / benefit to voting for a large block reward, unless someone wanted to mine themselves?
hero member
Activity: 686
Merit: 500
Since it is possible to contact all voters via the chat coordination of the vote could be far easier than it is with hvc. the community can control the mint rate and the volume if the community is organized enough. It's really no different than a coin that mints X number of coins , with X number to f coins yearly for inflation. The community could mint say 5 million coins and then vote zero, effectively capping at 5 mil but always having the option to mint more.

Even tho the chat system costs 1 TAC, it creates a market and demand in itself. The chat also creates a unique advertising opportunity that other coins do not have.
TAC is one of if not the most energy efficient algos, which is fantastic, plus low temps will be a great draw in the summer heat.

TAC brings a lot of new innovation to crypto, I personally don't know how to convert that to a satoshi value, but I'd say it's got more potential value than any other clone coin of late. Just my thoughts, not sure that helped the question tho...

hi - i am just trying to understand the supply side better - if people just vote for high block reward and there is no reduction, won't TAC have an unusually large supply of coins at that stage compared to e.g. DRK so the price will drop as coin supply is dilluted with lots of easily mined new coins?

PS: can't we estimate low and upper limit on total coin supply like HVC do?

People usually tend to vote for small block reward to gain more value for the already mined coins, so i don't think anybody will have easy coins as even if there will be for 3 days a high block reward period there will be more miners too, moreover block reward lowered already based on user votes from 25 to 21.2 coins. Even if current scheme will seem to be not working it can be solved by a new wallet release with a max coins cap in it but i don't think it will be needed. Voting the reward is a pretty democratic way to decide the block value.
full member
Activity: 126
Merit: 100
20 Second block time = 3 blocks per minute. 3 * 60 = 180 blocks per hour. 180 * 24 = 4,320 blocks per day.

4320 * 50 TAC = 216,000 TAC per day * 365 days = 78,840,000 TAC annually.

4320 * 25 TAC = 108,000 TAC per day * 365 days = 39,420,00 TAC annually.

4320 * 21.20 TAC = 91,584 TAC per day * 365 days = 33,428,160 TAC annually.

4320 * 1 TAC = 4320 TAC per day * 365 days = 1,576800 TAC annually.

newbie
Activity: 26
Merit: 0
Any exchange available for this coin?
member
Activity: 112
Merit: 10
Since it is possible to contact all voters via the chat coordination of the vote could be far easier than it is with hvc. the community can control the mint rate and the volume if the community is organized enough. It's really no different than a coin that mints X number of coins , with X number to f coins yearly for inflation. The community could mint say 5 million coins and then vote zero, effectively capping at 5 mil but always having the option to mint more.

Even tho the chat system costs 1 TAC, it creates a market and demand in itself. The chat also creates a unique advertising opportunity that other coins do not have.
TAC is one of if not the most energy efficient algos, which is fantastic, plus low temps will be a great draw in the summer heat.

TAC brings a lot of new innovation to crypto, I personally don't know how to convert that to a satoshi value, but I'd say it's got more potential value than any other clone coin of late. Just my thoughts, not sure that helped the question tho...

hi - i am just trying to understand the supply side better - if people just vote for high block reward and there is no reduction, won't TAC have an unusually large supply of coins at that stage compared to e.g. DRK so the price will drop as coin supply is dilluted with lots of easily mined new coins?

PS: can't we estimate low and upper limit on total coin supply like HVC do?
full member
Activity: 126
Merit: 100
Since it is possible to contact all voters via the chat coordination of the vote could be far easier than it is with hvc. the community can control the mint rate and the volume if the community is organized enough. It's really no different than a coin that mints X number of coins , with X number to f coins yearly for inflation. The community could mint say 5 million coins and then vote zero, effectively capping at 5 mil but always having the option to mint more.

Even tho the chat system costs 1 TAC, it creates a market and demand in itself. The chat also creates a unique advertising opportunity that other coins do not have.
TAC is one of if not the most energy efficient algos, which is fantastic, plus low temps will be a great draw in the summer heat.

TAC brings a lot of new innovation to crypto, I personally don't know how to convert that to a satoshi value, but I'd say it's got more potential value than any other clone coin of late. Just my thoughts, not sure that helped the question tho...
hero member
Activity: 756
Merit: 502
Total amount of coins to be mined?  Huh Huh

unpredictable due to voting system
hero member
Activity: 770
Merit: 500
Total amount of coins to be mined?  Huh Huh



As per devs explanation it is decided by block reward votes
sr. member
Activity: 406
Merit: 250
Total amount of coins to be mined?  Huh Huh

newbie
Activity: 23
Merit: 0
No node, the purse is not updated
hero member
Activity: 756
Merit: 502
What does everyone think about  what a TAC should be worth (expressed in Satoshis)?

500, 1000,  2000?

Christian
sr. member
Activity: 406
Merit: 250
I received my bounty for translation. Thank you dev!

 Wink
full member
Activity: 228
Merit: 100
YES,I CAN.REALLY THANK YOU, Bumberchute.
hero member
Activity: 770
Merit: 500
1 coin per line is needed to chat or 1 coin to enable chat option?

1 coin per line.  it prevents to write anything.

It's a default value. If it's too expensive, it can always be changed later.

I think it is way too much considering that it will be used for chatting not for internal mesaging. It should be 0.01 max

I agree, once pools jump on this and there are more people mining 1 coin is going to be way too much
Where will go the coins paid to send the message?
Back to the miners?

In a bounty wallet to support further developement of the coin
full member
Activity: 228
Merit: 100
Quote
To unlock wallet: Help->Debug window->Console, type walletpassphrase your_wallet_password 600

is this right way to unlock wallet?
legendary
Activity: 1697
Merit: 1074
1 coin per line is needed to chat or 1 coin to enable chat option?

1 coin per line.  it prevents to write anything.

It's a default value. If it's too expensive, it can always be changed later.

I think it is way too much considering that it will be used for chatting not for internal mesaging. It should be 0.01 max

I agree, once pools jump on this and there are more people mining 1 coin is going to be way too much
Where will go the coins paid to send the message?
Back to the miners?
hero member
Activity: 770
Merit: 500
help.me.my wallet is locked ,and I can't chat on the wallet now.how to unlock it.I really want to talk with you guys. Grin Huh Roll Eyes

Type the following command in the console:

Code:
walletpassphrase  9999999

There is still a problem, is not solve

You need tac to chat if you have 0 balance you can't chat
member
Activity: 80
Merit: 10
Those same 5 cards mining HVC burn 270 watts, So I'm saving 50 watts over HVC. CCminer doesn't do X11 yet so I can't compare to that.
full member
Activity: 228
Merit: 100
help.me.my wallet is locked ,and I can't chat on the wallet now.how to unlock it.I really want to talk with you guys. Grin Huh Roll Eyes

Type the following command in the console:

Code:
walletpassphrase  9999999

There is still a problem, is not solve
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