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Topic: [ANN]XDNA-Revolution in cryptocurrency|POS|Charity Support|NoICO| - page 107. (Read 90276 times)

jr. member
Activity: 252
Merit: 4
Cryptopia is a good exchange. Better than the decentralized CryptoBridge. And the fact that XDNA trades on Cryptopia is really a good indicator!

yeah if xdna can hit cryptopia it better
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
1) The BitGun level is on the lowest and therefore the reward is also the lowest possible
 
What does it mean? What is this indicator of BitGun? I see this for the first time. Maybe you mean the ROI indicator?

BitGun is the name of a system they've developed which controls the amount of generated coins in order to support the price. The name is taken from the person who incepted it Gunbit.

Full discretion can be found here: https://xdna.io/bitgun
In short, the higher the hashrate the more coins are generate in every block, increasing the reward for Masternode holders and helping the GPU miners keep a steady reward. Right now the price has fallen to record lows and miners have left, therefore the GunBit level is 1 and the reward per block are the lowest possible, which will slowly help stabilize the price.
member
Activity: 364
Merit: 11
Cryptopia is far from being a top cryptoexchange. Of course, this is better than all new little-known exchanges, but it's very far from the Bittrex level, not to mention Binance. XDNA is, what to strive for!
Totally agree.
Cryptopia exchange has been a good one, but it needs to move much farther to become one of top exchanges.
Anway, it's good for the appearance of XDNA on Cryptopia.
Project XDNA has an excellent pace of development. I think that those who invest their money in this project in the future will get a good profit.
member
Activity: 210
Merit: 10
1) The BitGun level is on the lowest and therefore the reward is also the lowest possible
 
What does it mean? What is this indicator of BitGun? I see this for the first time. Maybe you mean the ROI indicator?
member
Activity: 672
Merit: 22
Who has the masternode, tell me, what is the real return on investment and how much and how often will I get the coins?

I'm running a full MN and the last 11 days I have it online I've obtained 89 XDNA, that's 8 XDNA / day.
However that's about the minimum ROI you can have, for two reasons,
 1) The BitGun level is on the lowest and therefore the reward is also the lowest possible
 2) There are 111 Full MNs at the moment but 104 Medium ones, so having a Medium MN instead of a full one will result in more rewards every day (less competition).
Thanks for the detailed information. Now I want to understand the details. At first glance this project looks amazing!
member
Activity: 266
Merit: 12
Cryptopia is a good exchange. Better than the decentralized CryptoBridge. And the fact that XDNA trades on Cryptopia is really a good indicator!
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
Who has the masternode, tell me, what is the real return on investment and how much and how often will I get the coins?

I'm running a full MN and the last 11 days I have it online I've obtained 89 XDNA, that's 8 XDNA / day.
However that's about the minimum ROI you can have, for two reasons,
 1) The BitGun level is on the lowest and therefore the reward is also the lowest possible
 2) There are 111 Full MNs at the moment but 104 Medium ones, so having a Medium MN instead of a full one will result in more rewards every day (less competition).
member
Activity: 219
Merit: 10
Cryptopia is far from being a top cryptoexchange. Of course, this is better than all new little-known exchanges, but it's very far from the Bittrex level, not to mention Binance. XDNA is, what to strive for!
Totally agree.
Cryptopia exchange has been a good one, but it needs to move much farther to become one of top exchanges.
Anway, it's good for the appearance of XDNA on Cryptopia.
member
Activity: 364
Merit: 11
Cryptopia is far from being a top cryptoexchange. Of course, this is better than all new little-known exchanges, but it's very far from the Bittrex level, not to mention Binance. XDNA is, what to strive for!
member
Activity: 210
Merit: 10
Coin XDNA looks like a solid and promising project. And the fact that he is already trading in such an exchange as Cryptopia makes him an attractive investment!
Today, trading on Cryptopia is an indicator of the level of the project! Today, few people can boast of this.
member
Activity: 266
Merit: 12
Coin XDNA looks like a solid and promising project. And the fact that he is already trading in such an exchange as Cryptopia makes him an attractive investment!
member
Activity: 672
Merit: 22
Who has the masternode, tell me, what is the real return on investment and how much and how often will I get the coins?
full member
Activity: 574
Merit: 117
I also prefer the second option. This will reduce the emission of XDNA coins and positively affect its value!
member
Activity: 462
Merit: 20
And what are the results of the voting? What did the community decide?

as I've already said...
Seems like the voting of the fork ended with an overwhelming vote for option 2.
Still waiting for an official confirmation but I find it hard for the results to change at this point! Grin

More specificaly the voting result is,
  • OPTION 1 - 10 votes
  • OPTION 2 - 88 votes

No official announcement yet but it has been only 3-4 days since the poll started, I'd say it takes more than that for any team to agree on an official statement.
Thank you! I also prefer option #2. I think this is the best solution for further project development!
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
And what are the results of the voting? What did the community decide?

as I've already said...
Seems like the voting of the fork ended with an overwhelming vote for option 2.
Still waiting for an official confirmation but I find it hard for the results to change at this point! Grin

More specificaly the voting result is,
  • OPTION 1 - 10 votes
  • OPTION 2 - 88 votes

No official announcement yet but it has been only 3-4 days since the poll started, I'd say it takes more than that for any team to agree on an official statement.
member
Activity: 462
Merit: 20
DEAR XDNA COMMUNITY!
We have received much feedback concerning the high coin emission on different BitGun levels, thus it's time for us to adjust some technical specifications of XDNA.
We have elaborated 2 completely different adaptation mechanisms that reflect the changing environment of the market. Please vote for one of the variants. Your voice is important for us!

Variant 1. A multi-step lowering of the maximal block reward.

A fork will induce the decrease of the number of the possible Bitgun levels (starting from the highest one), 1 level will be removed per every 60 days or 86400 blocks.
Therefore, by the end of the POW period, the block reward will become constant and its value will be 4 XDNA.

The minimal XDNA emission is currently 6 307 200 coins for the duration of 3 years, while the maximal is 171 871 200 coins.
If the above option is implemented, the minimal emission remains the same, while the maximal will be cut 3.5 times – to 53 568 000 XDNA!
In order to optimize the coin economy, we will slightly change block rewards for levels 5-11.
To sum up:
- we do not decrease the current miners' rewards
- we do not decrease the current MN owners' rewards
- we significantly limit the total maximal emission and thus thwart over-saturation of the market and increase the investors' profit
- we act gently and thoughtfully, and do not induce any radical changes in the economic model of our project.
Estimated implementation time – 1 month.

Variant 2. Block reward values will be gradually decreased, while the reward portion for the masternodes will be increased.

A fork will induce the lowering of rewards at all Bitgun levels by 10% per month during a period of 24 months. By the end of this period, the reward on the first level will be 0.35 XDNA, while the 15 lvl reward will become 9.66 XDNA. This measure is aimed at raising the value of the coin, since it will gradually become harder and harder to obtain.

The minimal XDNA emission is currently 6 307 200 coins for the duration of 3 years, while the maximal is 171 871 200 coins.
After the above option is implemented, the minimal XDNA emission will be 1 590 163 XDNA coins, while the maximal emission will be more than 4 times lower — 43 331 957 XDNA!
Furthermore, the percentage of masternodes' part of the block reward will be increased in order to prevent the decline of ROI. The new reward distribution is the following:
52% to miners
25% to full MNs
15% to medium MNs
5% to light MNs
2% to XDNA Foundation
1% - to DevFee
We significantly limit the coin emission thus thwarting the over-saturation of the market and increasing the profit of investors.
Estimated implementation time – 1-3 months.

To vote - pls join our Discord server https://discord.gg/RTXu4J
(#news channel) or leave your opinion here. Thanks for your participation!
And what are the results of the voting? What did the community decide?
member
Activity: 672
Merit: 22
You're right! the coin introduced new innovative solutions for the mining industry. It seems to me that the XDNA project has a great future!
full member
Activity: 574
Merit: 117
Of course option number 2 is the most optimal option! I think most will vote for him!
newbie
Activity: 42
Merit: 0
Seems like the voting of the fork ended with an overwhelming vote for option 2.
Still waiting for an official confirmation but I find it hard for the results to change at this point! Grin

yeah i think option 2 is better
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
Seems like the voting of the fork ended with an overwhelming vote for option 2.
Still waiting for an official confirmation but I find it hard for the results to change at this point! Grin
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