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Topic: ApexCoin Rebirth - Minable Proof Of Stake - Web Wallet - BlockNet Association - page 100. (Read 249989 times)

sr. member
Activity: 264
Merit: 250
5 million coins after POW. How many in total with POS?

POS Interest is paid only on staked coins "in" wallet - so theres really no way to tell. But it's perpetual.

Coins in exchanges or not staked (held for 24 hrs minimum to mature) do not earn POS Coins.

So if 2 Million Supply on average are staked. Then 200,000 per year?

Not a lot - thats only like 18,000 a month.

Small supply.

Best,
Strato

Right, ok that would make sense. Thanks
legendary
Activity: 1022
Merit: 1010
5 million coins after POW. How many in total with POS?

POS Interest is paid only on staked coins "in" wallet - so theres really no way to tell. But it's perpetual.

Coins in exchanges or not staked (held for 24 hrs minimum to mature) do not earn POS Coins.

So if 2 Million Supply on average are staked. Then 200,000 per year?

Not a lot - thats only like 18,000 a month.

Small supply.

Best,
Strato
sr. member
Activity: 264
Merit: 250
5 million coins after POW. How many in total with POS?
legendary
Activity: 1022
Merit: 1010

Great write up - you're on the front page of the ALT COIN HERALD! FRONT AND CENTER!

Strato
sr. member
Activity: 261
Merit: 250
Why are we not on coinmarketcap.com ?

We started the process, but they require our block explorer to be updated. We have been told by the altcoinix block explorer operator that he is working on it, and will let us know when it is ready. In the meantime, we are currently listed on worldcoinindex.com. However, the total coins and marketcap columns are blank until the block explorer gets updated.

Also, thank you altcoinherald for the article. News up to the minute!
sr. member
Activity: 292
Merit: 250
Why are we not on coinmarketcap.com ?
full member
Activity: 126
Merit: 100
Congratulations on the successful transition to POS!

Nice job.. Short article here about coming off POW here:

http://altcoinherald.com/apexcoin-ends-pow-period-provides-community-desired-features/

legendary
Activity: 1022
Merit: 1010
congrats on the smooth transition.
pos blocks are being found!
HERE WE GO !!!

Gotta hand it to DEV, smooth roll out, smooth POW, smooth transition.

Low coin supply of 5 Million. High POS Interest.

Got all I could. Holding Long.

Strato
sr. member
Activity: 672
Merit: 250
i like it, and make money from APEX Coin  Wink
10k is only 300k marketcap
newbie
Activity: 26
Merit: 0
i like it, and make money from APEX Coin  Wink
sr. member
Activity: 261
Merit: 250
congrats on the smooth transition.
pos blocks are being found!
HERE WE GO !!!

Thank you, now to focus on the next steps. Anyways, say goodbye to cheap APEX miner dumps. Their supply has run dry.
hero member
Activity: 504
Merit: 500
Hoqu.io – Tokensale is live
congrats on the smooth transition.
pos blocks are being found!
HERE WE GO !!!
member
Activity: 115
Merit: 10
hero member
Activity: 602
Merit: 500
sr. member
Activity: 322
Merit: 250
Looks like PoS blocks are being found. Good job.  Cool
sr. member
Activity: 261
Merit: 250
Can someone get this on coinmarketcap.com ?

We started the process, but they require our block explorer to be updated. We have been told by the altcoinix block explorer operator that he is working on it, and will let us know when it is ready. In the meantime, we are currently listed on worldcoinindex.com. However, the total coins and marketcap columns are blank until the block explorer gets updated.
sr. member
Activity: 261
Merit: 250
Okay since its almost PoS, Dev, why don't we get a whitepaper or a roadmap of wht you guys are intending to do cuz we are kind of in the dark about this.

Could you explain wht things are we expecting to see and wht we can hope from this coin? Smiley

Again, price is reflected by the coin's fundamentals as well, thus, we do hope you have a plan for development, communication is much appreciated
about the things you would do Smiley

Well, we have been delaying the release of this information for several reasons until a more official documentation could be released, but seeing as PoW has been cut by 2/3, this will be rushed a little. Please keep in mind that we had originally planned 15 days to get to this point, and 10 days have been cut out. Our roadmap is 2-tiered, long termed goals and how to get there. You can see the beginning of our long term goals in what is labeled the "Phases" in the OP of this ANN thread.

The first of these was Volume. I think we can all agree that goal was met on launch day.

From there, the next phase is/was Mass Adoption. This is aimed towards merchants, exchanges, businesses, and entities. This phase is a little more complicated and takes time to work through and take effect. Mr. Satoshi had designed BTC to take decades to achieve this goal, and BTC has several years head start. We are in a game of catch-up here, but we believe that by hand-picking all the right features to implement, APEX's usefulness and popularity will soar, expediting the progress of this phase. This is where APEX gets the Adaptive Protocol Environment part of its name from. The current short-term goals to implement in order to achieve the long-term goal of mass adoption are multipool and Tor implementation, both because we believe these 2 features will have the most bang-for-our-buck, so to speak, as resources are limited. A multipool because we believe it is essential for the future of any PoS coin, and Tor because well, look at TOR coin, which doesn't even have Tor implemented yet and look at how their pricing went. We actually believe we can beat them to it. Outside those 2 features we are currently pursuing, anything is up for grabs. We will be constantly monitoring other coins to see which features are hot and which are not. We will also be taking feedback from the community, and discuss amongst ourselves the risks versus rewards of all these ideas before either moving on a decision, or calling upon the community to help us decide if we are torn between choices.

Sometime during the adoption phase, once we become more publicly known and accepted, our plan is to start looking to the next phase, which is Integration, which will primarily be focusing on features that will allow APEX to thrive outside of the cryptocurrency world. We believe this step is necessary for any coin to have a serious shot at long-termed success, and are excited as we have several ideas on how to achieve this already. However, we are currently hesitant to release more detailed information about the subject as not only will we only be giving our competitors ideas before we are actually ready to implement them ourselves, but we are still some time away from this bridge and a good idea today may not be so great once we get there.

That is a simplified draft of the roadmap that we are currently working with. Apologies if it is a bit rough, but we hope that this was sufficient in giving you a picture of where we want to go and how we want to get there.

Edit: An official whitepaper will be released in a few days time. Thank you for your patience.
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Activity: 60
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