Topic: [ANN][XRY] Royalties | Cryptonote | Upto 15% Interest on Deposits - page 24. (Read 31142 times)

Yes the ICO has ended.. mining rewards will grow as our network gets bigger

Is this coin in front of the ICO?It was difficult to mining,a block of 0.1xry,income is too low.

pice up to?

Bounty program

Not sure what your asking but this may help

100,000,000.000000000000000000 - Ethereum 18 decimals
18,446,744.073709551616      - Monero  12 decimals
184,467,440,737.09551616     - Bytecoin  8 decimals
18,446,744,073,709.551616    - Royalties  6 decimals
100,000,000,000.000000         - Ripple      6 decimals
21,000,000.00000000             - Bitcoin      8 decimals


Ever time you get 1 Bitcoin your really getting 100000000 units the code just knows to put the decimal in the 8 place.. every time you get 1 Monero you get 10000000000000 units code puts it in the 12th place.. 1 ether is 1000000000000000000 units code puts it in 18th place.. and in Royalties its 1000000 code puts it in 6th place.. its all about Units and Decimal place that is coded

I just deposited 2 XRY for three months. Will see how it works.

As a monero - 18 million, I understood correctly?

Here is the thing.. we moved down the decimal bc we wanted a lower price per coin then say Monero so ppl dont need to use decimals to buy a coffee.. and in keeping with that theme we have given labels to the decimal places every 1000.. here you can see bitcon does this as well ( https://en.bitcoin.it/wiki/Units )

So we have used the same number as other Cryptonote coins.. its just we only wanted to use 6 decimal places..
Monero
https://github.com/monero-project/monero/blob/master/src/cryptonote_config.h#L53
Bytecoin
https://github.com/amjuarez/bytecoin/blob/master/src/CryptoNoteConfig.h#L37
Royalties
https://github.com/Vetro7/RoyaltiesCLI/blob/master/src/CryptoNoteConfig.h#L30


18,446,744.073709551616     12  (Monero)
184,467,440,737.09551616     8   (Bytecoin)
18,446,744,073,709.551616    6   (Royalties)



If you ask me Bitcoin should have shifted its decimal long ago. I truly feel this is a downside, that once a crypto is over $1000 per whole unit, that the code isn't changed and the decimal shifted.  This is not creating more, this is merely choosing what we consider the whole number. The average person does not want to deal with decimals and conversions, most of them can't. So we have decide to eliminate as many zeros at the beginning as we can, without making it obnoxious. I know it may be hard to understand, however if Bitcoin decided tomorrow to shift the decimal three places. Total supply would look like this  21,000,000,000.00000 and each Bitcoin would cost $2.50. Yes everyone's balance would increase by a factor of 1000, however the price would remain the same proportionately to the decimal. I'm not saying that Bitcoin is going to do this. I'm just saying at some point, crypto's are going to have to evaluate the usability of fractional coins for the average user.

Confusion, why is this done?
So how many coins will there be?
What unit of measurement?

Yes we are working on a bounty program...

100 RP = 0.1 XRY and right now 1 XRY = $1 so each block every 2mins = $0.10

its interesting seeing that numbers so if you have a good mining rig this coin really profitable as of this moment better to check it up
and its seems that its been supported by some people around cryptopia really attract my interest will check this out dev and let see
if i can make soem investment with it. good luck

Hello Dev,

Any bounty program?

Thanks and regards

Okane Satoshi

Total coins -
Block reward 100? in pool 0.1
Where correct, correct.

1. Not only do you earn coins by mining but you earn interest on deposits (locking coins up for a period of time) so if you lock up say 1000 coin for 1yr you get 150 coins (right now interest rate) plus your 100 unlock with them so you go from 1000 to 1150 in 1 year.. you can lock for less time and earn less coins.. min. of 1 coin for 1 month.. so it will depend on deposits when we hit the Max supply.. but we will get there with more then mining.. and this gives ppll a way to earn coins not only from mining..

2. 100RP = 0.1 XRY this is just a name for this decimal point.. helps not have to use decimals..

3. same thing here every 1000th place gets a new name (label) like 1000 Millimeter = 1 meter

This actually looks quite interesting.

A few questions as this is not really all that clear to me:

1. When do you estimate the total supply to be reached? You mention you will produce around 8K coins per day in the second year and that this will continue until the total supply has been reached. Which is 18 trillion coins!
2. What do you mean that the Rp block reward increases by 10x each year? And how are Royalty Points different from Royalties, if at all?
3. Can you explain the decimal breakdown as that is not quite clear to me either.

Best Regards,

Good coin and good start.
i mine Royalties with CPU and GPU, and hold them on deposit.

It keeps changing.. I would keep at it if you have a GPU that you can mined with.. price is still $1/XRY and looks to have good buy support...

waw!)
Hash Rate: 99.61 KH/sec, 12 hours ago it was 9-10 KH/sec.
Best wishes Royalties and Dev!

PM me your wallet address and I can send you 2 XRY to try deposits