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Topic: [ANN][XMT] Summitcoin - *** ICO COMPLETE*** POW Rewards still available!! - page 8. (Read 12874 times)

legendary
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
But the DEV need to fix the POW part of the coin ASAP!!
legendary
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
I think that just bad coding... Premine is way too large if mining end at this point...
yes calculations including unreasonable. premine too big. the price will be falling down? yes

In theory, say only 1BTC of the ICO is met, they will be burning 99BTC of the premine.
legendary
Activity: 1596
Merit: 1011
I think that just bad coding... Premine is way too large if mining end at this point...
yes calculations including unreasonable. premine too big. the price will be falling down? yes
hero member
Activity: 546
Merit: 500
How can POW be over?  In the OP is states

Total Coin Supply: 70,000,000 XMT
Premine: (ICO*) - Block 1: 55,000,000 XMT
Week 1: (ICO Period) - Block 2-11,000: 1 XMT/block - (10999 XMT)
Month 1: Block 11,001 - Block 54200: 115 XMT/block - (4,967,885 XMT)
Year 1: Block 54201 - Block 579801: 9.5 XMT/block - (4,993,200 XMT)
Year 2-5: Block 579801 - End of Life: 2 XMT/block - (4,000,000 XMT)


Should POW go for 5 years?

Should POW go for 5 years??

That is what the OP said.  So I'm confused.  Some time last night they killed POW, so I wasted hours of hash time.

 I think but not sure it is a software glich or a setting issue in the chainparams.cpp
 File.
 
  https://github.com/summitcoin/summitcoin/blob/master/src/chainparams.cpp#L107


  base58Prefixes[PUBKEY_ADDRESS] = list_of(63);
        base58Prefixes[SCRIPT_ADDRESS] = list_of(125);
        base58Prefixes[SECRET_KEY] =     list_of(191);
        base58Prefixes[EXT_PUBLIC_KEY] = list_of(0x04)(0x88)(0xB2)(0x1E);
        base58Prefixes[EXT_SECRET_KEY] = list_of(0x04)(0x88)(0xAD)(0xE4);

        convertSeed6(vFixedSeeds, pnSeed6_main, ARRAYLEN(pnSeed6_main));

        nLastPOWBlock = 8000;         <-----------------------
    }

    virtual const CBlock& GenesisBlock() const { return genesis; }
    virtual Network NetworkID() const { return CChainParams::MAIN; }

    virtual const vector& FixedSeeds() const {
        return vFixedSeeds;



 
full member
Activity: 151
Merit: 100
I think that just bad coding... Premine is way too large if mining end at this point...
legendary
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
How can POW be over?  In the OP is states

Total Coin Supply: 70,000,000 XMT
Premine: (ICO*) - Block 1: 55,000,000 XMT
Week 1: (ICO Period) - Block 2-11,000: 1 XMT/block - (10999 XMT)
Month 1: Block 11,001 - Block 54200: 115 XMT/block - (4,967,885 XMT)
Year 1: Block 54201 - Block 579801: 9.5 XMT/block - (4,993,200 XMT)
Year 2-5: Block 579801 - End of Life: 2 XMT/block - (4,000,000 XMT)


Should POW go for 5 years?

Should POW go for 5 years??

That is what the OP said.  So I'm confused.  Some time last night they killed POW, so I wasted hours of hash time.
hero member
Activity: 546
Merit: 500
How can POW be over?  In the OP is states

Total Coin Supply: 70,000,000 XMT
Premine: (ICO*) - Block 1: 55,000,000 XMT
Week 1: (ICO Period) - Block 2-11,000: 1 XMT/block - (10999 XMT)
Month 1: Block 11,001 - Block 54200: 115 XMT/block - (4,967,885 XMT)
Year 1: Block 54201 - Block 579801: 9.5 XMT/block - (4,993,200 XMT)
Year 2-5: Block 579801 - End of Life: 2 XMT/block - (4,000,000 XMT)


Should POW go for 5 years?

Should POW go for 5 years??
legendary
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
Also, hey YoBit, why can't we WD XMT?  If we can WD, we can stake!
legendary
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
How can POW be over?  In the OP is states

Total Coin Supply: 70,000,000 XMT
Premine: (ICO*) - Block 1: 55,000,000 XMT
Week 1: (ICO Period) - Block 2-11,000: 1 XMT/block - (10999 XMT)
Month 1: Block 11,001 - Block 54200: 115 XMT/block - (4,967,885 XMT)
Year 1: Block 54201 - Block 579801: 9.5 XMT/block - (4,993,200 XMT)
Year 2-5: Block 579801 - End of Life: 2 XMT/block - (4,000,000 XMT)


Should POW go for 5 years?
full member
Activity: 133
Merit: 100


I see Summitcoin is on cryptopia.co.nz    and it's  Awaiting moderator review.

   https://www.cryptopia.co.nz/Home/Voting



 

haha, your shit ICO won't be added
legendary
Activity: 2688
Merit: 1240
problem with pow?

suprnova : Round Progress: 25,218.13 %

http://pool.summitco.in/ : 9,928.67% Of Expected Shares

 Huh

POW is over:

https://github.com/summitcoin/summitcoin/blob/master/src/chainparams.cpp#L107

I just added the msg on the pool.

Please withdraw your remaining funds and thanks for mining
legendary
Activity: 1050
Merit: 1000
problem with pow?

suprnova : Round Progress: 25,218.13 %

http://pool.summitco.in/ : 9,928.67% Of Expected Shares

 Huh
member
Activity: 98
Merit: 10
Follow our twitter account: Summitcoin Twitter

Keep an eye out, we're going to give away some XMT tonight!
hero member
Activity: 546
Merit: 500


I see Summitcoin is on cryptopia.co.nz    and it's  Awaiting moderator review.

   https://www.cryptopia.co.nz/Home/Voting



 
member
Activity: 98
Merit: 10
Is the buy wall guaranteed?
How much of the BTC you receive will you use for the buy wall?
How long will you keep up the buy wall?

Hello! Thanks for the questions.

The buy wall is 100% of the ICO and the wall will be up for 7 days minimum. We have a few plans for the post launch BTC since we'll have an XMT fund for development. One option that has been discussed is a buyback or extending the buy wall.
hero member
Activity: 770
Merit: 506
5.000.000 premine
100 btc ico

hell yeah!

Crazy price... if the ICO was priced at 10 BTC then i would say, it can be considered, but now...

Hello, Moonboy,

In what way is this any danger to gamble on, it has a 100% buywall, unlike FRDC this guy can't straight up fuck his investors.

How about posting some nonsense in your own thread for a change.



Hmmm. Remember C-cex Versa ICO? was supposed to have an investor buy wall that never happened. No Shitcoin Icos are without gamble. Maybe a better question to ask is why the fuck someone would buy a shitcoin like this after the ico ends?

C-Cex has done this with many coins. They always protect the corrupt dev because they are in on the scams

hero member
Activity: 770
Merit: 506
Is the buy wall guaranteed?
How much of the BTC you receive will you use for the buy wall?
How long will you keep up the buy wall?
full member
Activity: 161
Merit: 100
very inspirational video ! looking forward to updates
legendary
Activity: 1414
Merit: 1000
5.000.000 premine
100 btc ico

hell yeah!

Crazy price... if the ICO was priced at 10 BTC then i would say, it can be considered, but now...

Hello, Moonboy,

In what way is this any danger to gamble on, it has a 100% buywall, unlike FRDC this guy can't straight up fuck his investors.

How about posting some nonsense in your own thread for a change.



Hmmm. Remember C-cex Versa ICO? was supposed to have an investor buy wall that never happened. No Shitcoin Icos are without gamble. Maybe a better question to ask is why the fuck someone would buy a shitcoin like this after the ico ends?
newbie
Activity: 12
Merit: 0


   Hello all

   The Wallet on yobit is Withdrawal for such currency is temporary off.  Why




It's my understanding that it’s to protect the ICO buyers.  The Devs have to meet certain requirements as the ICO progresses and only if they do does the ICO continue past its completion. Otherwise we will be refunded the BTC we used to buy in with.
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