Topic: [ANN][XRY] Royalties - ICO | Cryptonote | Upto 15% Interest on Deposits - page 4. (Read 6943 times)

This is going to be huge. Expecting a huge amount of feedback both positive and negative to this thread. The number of available units of a currency is not that huge by the way, u could just make it equal to the diameter of universe. Just convert the distance from arches to betelgeuse to meters and voila, u have the really huge number that u cant even write in words.

Reserved

Very Huge!

Still working on the specific launch date, keep an eye on the OP I will post it there soon. As with any cryptonote coin that uses cryptonight, the wallet will have a CPU miner in it and you can use a GPU miner of your choice.



Well when it comes to total supply it may be difficult to understand why the number is so HUGE. However it's merely a shift of the decimal, total units are the same as other cryptonote coins out there. Bitcoin itself has an end total of 2100000000000000 units, each Bitcoin is 100000000 units. At any point there could be a mass decision to "shift" the decimal. This could be looked at in the same light as a stock splitting. 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 I have  decide to eliminate as many zeros at the beginning as I 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 $1.20. 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.

the large number of coins, why start such a project lol

Look at the name of this coin than you will understand everything is huge with this. Don't be get shocked it will be huge in distribution but without any good team how it will be possible to get investment in it. One man show has no chance of success.

Well I'm not crazy about the name.. dont get me wrong it fits..  you have a problem with distribution.. its going to take too long.. I had been working on a new concept to add to a coin.. this may be helpful to you..

Total coins: 18,446,744,073,709.551616 

but it doesn't matter when the premine is reduced until 0.00001%, and the price will start around 2 - 6 satoshi 

HUGE? yeah the name fits the total coin supply, trillions, whew! too many total supply will discourage the investors specially those who knew the law in economics, too many supplies will resulted to a very slow growth and a very cheap price.
it's not my intention to criticize, i'm just saying what's on my mind, but anyway....goodluck.

With 30 sec blocks you will produce about 1.051.200 blocks a year

Even at a reward of 10 coins (which is actually 1000 times less than what you start and will take 4 years to get there), thats 10 million coins a year, for a supply of 18 trillion with 1.8 trillion premine.
It will take a million years (literally) to surpass 50% of total supply

You are looking for free pow... good luck 

Launch date?

Are you come with mining software (inbuilt or 3rd party)?

For sure we will have a HUGE reserve to do this kind of stuff with.

More on this will follow after the ICO update