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Topic: [B3]B3Coin Hybrid POW/POS [Scrypt] - ANTI-INSTAMINE, NO PREMINE, NO ICO, NO IPO - page 67. (Read 242093 times)

sr. member
Activity: 374
Merit: 250
Crysx
it is unique feature of B3 , the total coins reduces here whenever someone do fundamental node payment.
newbie
Activity: 2
Merit: 0
Hi
Anyone here with large amount of b3 coins in yobit exchange already deposited   Yobit has currently disbled deposits   PM me .
I want to sell my b3 coins to the existing buy orders in yobit for 1 or 2 satoshi I will transfer same amount of b3 to your desktop  wallet and in addition I will pay some btc for this help

My skype name ms.balu  
legendary
Activity: 2912
Merit: 1091
--- ChainWorks Industries ---
The total supply B3 has started dropping. About 1 Billion coins (net) were burned today. Still a long way to go but its a start, the B3 team said that they are working on a couple of options to accelerate the burn

Why do you post things like this to mislead?

Is it that you don't understand what it is you are writing also? Or just a simple mistake?

TOTAL SUPPLY will never change. In the blockchain, total supply will always be the total supply. A burned coin is STILL a coin in the blockchain and will ALWAYS show in the block chain and count towards the total supply, no matter how many coins are burned. All burning means is placing in a wallet and destroying the address that the coins go into. On the blockchain, the wallet address is STILL there holding those coins, but they can NEVER be retrieved.

The circulating amount will vary due to this, NOT the total amount of coins.

It's like saying FORD have produced 100 Billion cars of which 50 Billion were destroyed which means the total amount of cars they MADE were 50 Billion. Wrong. The total amount of cars they MADE is STILL 100 Billion, but the circulating cars left are 50 Billion after the others were destroyed. So on their 'books" (the blockchain) they will STILL show 100 Billion cars were made, but the circulating ones that are still around are 50 Billion.

I hope that is easier to understand now.

#crysx


My understanding is that the genius nature of FMN that coins are burnt, and as such no longer part of total supply, thus never having any ability to be part of circulating supply in future, bit like the stars in the cosmos that have burnt out, and no longer part of the calculation, same as extinct species on the planet. The fact that it existed in the block chain is immaterial, same as spent outputs is immaterial. Are you from Cryptopia?.


You are correct in that the coins are 'burnt'. You are incorrect to say the the blockchain will show a TOTAL coin count less than that which was created. Completely and utterly wrong. That is NOT how blockchains work.

The coins will NOT be part of the circulation, that is where you are correct. However, they WILL be still counted as part of the TOTAL supply.

Once again my analogy of FORD, but using your cosmos example. 100 Billion stars are counted in the ledger of life (in the blockchain of life) and many many stars die, so they are not counted in the circulation, but the blockchain of the cosmos STILL has them counted as part of the TOTAL stars.

Whether you believe that is immaterial or not, the fact is simple. YOU state that the TOTAL supply will show a different figure. It won't. State what is correct as it will confuse (as you seem to be) those that do not understand how blockchains work.

No, I am not from Cryptopia, and no I am not trying to be rude to you if that is how it reads. Just clarifying Smiley

#crysx

I suppose we could continue discussing this ‘ ad infinitum’ but your analogies relates to “total count” and not “total supply” (check your dictionary for meaning for clarification).
The stats report numerous coins/tokens that have not yet been mined/created as total supply with potential to be part of circulating supply in future. If a potential does not exist to be part of circulating supply, than it is immaterial, same as the burnt stars although part of cosmos blockchain, reporting that is immaterial as it adds no value, unless we had another reporting criteria for total count for coins/tokens, stars, extinct species, our ancestors. Lets only report the (living or potential for life) rather than existed (dead unless zombmies as your thing). FMN destroy coins, as such no longer part of total supply and absolutely incapable of becoming part of circulating supply but agree it could be part of total count, if we were to create such a criteria for reporting data that is not going to add much value…The absolute genes part of FMN is the concept of burnt coins, incapable of ever becoming part of circulating supply, and can never ever be counted as part of total supply.




OK - you seem to know more about it than I.

I mean, we only work in Crypto Full time afterall, and 'count' as well as 'supply' are just semantics, right?

I'll leave it at that mate, and get on with our developments instead of arguing a (now) moot point.

#crysx
newbie
Activity: 1
Merit: 0
https://coinmarketcap.com/currencies/b3coin/
610,458,849,713 B3
is less than
611,000,000,000 B3
which it was yesterday. So either way, it is being reported as less so whether or not it is true for the blockchain it will be true to those that read it on cmc.
Cheers.
newbie
Activity: 42
Merit: 0
The total supply B3 has started dropping. About 1 Billion coins (net) were burned today. Still a long way to go but its a start, the B3 team said that they are working on a couple of options to accelerate the burn

Why do you post things like this to mislead?

Is it that you don't understand what it is you are writing also? Or just a simple mistake?

TOTAL SUPPLY will never change. In the blockchain, total supply will always be the total supply. A burned coin is STILL a coin in the blockchain and will ALWAYS show in the block chain and count towards the total supply, no matter how many coins are burned. All burning means is placing in a wallet and destroying the address that the coins go into. On the blockchain, the wallet address is STILL there holding those coins, but they can NEVER be retrieved.

The circulating amount will vary due to this, NOT the total amount of coins.

It's like saying FORD have produced 100 Billion cars of which 50 Billion were destroyed which means the total amount of cars they MADE were 50 Billion. Wrong. The total amount of cars they MADE is STILL 100 Billion, but the circulating cars left are 50 Billion after the others were destroyed. So on their 'books" (the blockchain) they will STILL show 100 Billion cars were made, but the circulating ones that are still around are 50 Billion.

I hope that is easier to understand now.

#crysx


My understanding is that the genius nature of FMN that coins are burnt, and as such no longer part of total supply, thus never having any ability to be part of circulating supply in future, bit like the stars in the cosmos that have burnt out, and no longer part of the calculation, same as extinct species on the planet. The fact that it existed in the block chain is immaterial, same as spent outputs is immaterial. Are you from Cryptopia?.


You are correct in that the coins are 'burnt'. You are incorrect to say the the blockchain will show a TOTAL coin count less than that which was created. Completely and utterly wrong. That is NOT how blockchains work.

The coins will NOT be part of the circulation, that is where you are correct. However, they WILL be still counted as part of the TOTAL supply.

Once again my analogy of FORD, but using your cosmos example. 100 Billion stars are counted in the ledger of life (in the blockchain of life) and many many stars die, so they are not counted in the circulation, but the blockchain of the cosmos STILL has them counted as part of the TOTAL stars.

Whether you believe that is immaterial or not, the fact is simple. YOU state that the TOTAL supply will show a different figure. It won't. State what is correct as it will confuse (as you seem to be) those that do not understand how blockchains work.

No, I am not from Cryptopia, and no I am not trying to be rude to you if that is how it reads. Just clarifying Smiley

#crysx

I suppose we could continue discussing this ‘ ad infinitum’ but your analogies relates to “total count” and not “total supply” (check your dictionary for meaning for clarification).
The stats report numerous coins/tokens that have not yet been mined/created as total supply with potential to be part of circulating supply in future. If a potential does not exist to be part of circulating supply, than it is immaterial, same as the burnt stars although part of cosmos blockchain, reporting that is immaterial as it adds no value, unless we had another reporting criteria for total count for coins/tokens, stars, extinct species, our ancestors. Lets only report the (living or potential for life) rather than existed (dead unless zombmies as your thing). FMN destroy coins, as such no longer part of total supply and absolutely incapable of becoming part of circulating supply but agree it could be part of total count, if we were to create such a criteria for reporting data that is not going to add much value…The absolute genes part of FMN is the concept of burnt coins, incapable of ever becoming part of circulating supply, and can never ever be counted as part of total supply.


legendary
Activity: 2912
Merit: 1091
--- ChainWorks Industries ---
Burned coins should not ne a part from total supply as i know

OK mate. No worries.

#crysx
sr. member
Activity: 1250
Merit: 295
Palestine
Burned coins should not ne a part from total supply as i know
legendary
Activity: 2912
Merit: 1091
--- ChainWorks Industries ---
The total supply B3 has started dropping. About 1 Billion coins (net) were burned today. Still a long way to go but its a start, the B3 team said that they are working on a couple of options to accelerate the burn

Why do you post things like this to mislead?

Is it that you don't understand what it is you are writing also? Or just a simple mistake?

TOTAL SUPPLY will never change. In the blockchain, total supply will always be the total supply. A burned coin is STILL a coin in the blockchain and will ALWAYS show in the block chain and count towards the total supply, no matter how many coins are burned. All burning means is placing in a wallet and destroying the address that the coins go into. On the blockchain, the wallet address is STILL there holding those coins, but they can NEVER be retrieved.

The circulating amount will vary due to this, NOT the total amount of coins.

It's like saying FORD have produced 100 Billion cars of which 50 Billion were destroyed which means the total amount of cars they MADE were 50 Billion. Wrong. The total amount of cars they MADE is STILL 100 Billion, but the circulating cars left are 50 Billion after the others were destroyed. So on their 'books" (the blockchain) they will STILL show 100 Billion cars were made, but the circulating ones that are still around are 50 Billion.

I hope that is easier to understand now.

#crysx


My understanding is that the genius nature of FMN that coins are burnt, and as such no longer part of total supply, thus never having any ability to be part of circulating supply in future, bit like the stars in the cosmos that have burnt out, and no longer part of the calculation, same as extinct species on the planet. The fact that it existed in the block chain is immaterial, same as spent outputs is immaterial. Are you from Cryptopia?.


You are correct in that the coins are 'burnt'. You are incorrect to say the the blockchain will show a TOTAL coin count less than that which was created. Completely and utterly wrong. That is NOT how blockchains work.

The coins will NOT be part of the circulation, that is where you are correct. However, they WILL be still counted as part of the TOTAL supply.

Once again my analogy of FORD, but using your cosmos example. 100 Billion stars are counted in the ledger of life (in the blockchain of life) and many many stars die, so they are not counted in the circulation, but the blockchain of the cosmos STILL has them counted as part of the TOTAL stars.

Whether you believe that is immaterial or not, the fact is simple. YOU state that the TOTAL supply will show a different figure. It won't. State what is correct as it will confuse (as you seem to be) those that do not understand how blockchains work.

No, I am not from Cryptopia, and no I am not trying to be rude to you if that is how it reads. Just clarifying Smiley

#crysx
newbie
Activity: 42
Merit: 0
The total supply B3 has started dropping. About 1 Billion coins (net) were burned today. Still a long way to go but its a start, the B3 team said that they are working on a couple of options to accelerate the burn

Why do you post things like this to mislead?

Is it that you don't understand what it is you are writing also? Or just a simple mistake?

TOTAL SUPPLY will never change. In the blockchain, total supply will always be the total supply. A burned coin is STILL a coin in the blockchain and will ALWAYS show in the block chain and count towards the total supply, no matter how many coins are burned. All burning means is placing in a wallet and destroying the address that the coins go into. On the blockchain, the wallet address is STILL there holding those coins, but they can NEVER be retrieved.

The circulating amount will vary due to this, NOT the total amount of coins.

It's like saying FORD have produced 100 Billion cars of which 50 Billion were destroyed which means the total amount of cars they MADE were 50 Billion. Wrong. The total amount of cars they MADE is STILL 100 Billion, but the circulating cars left are 50 Billion after the others were destroyed. So on their 'books" (the blockchain) they will STILL show 100 Billion cars were made, but the circulating ones that are still around are 50 Billion.

I hope that is easier to understand now.

#crysx


My understanding is that the genius nature of FMN that coins are burnt, and as such no longer part of total supply, thus never having any ability to be part of circulating supply in future, bit like the stars in the cosmos that have burnt out, and no longer part of the calculation, same as extinct species on the planet. The fact that it existed in the block chain is immaterial, same as spent outputs is immaterial. Are you from Cryptopia?.
legendary
Activity: 2912
Merit: 1091
--- ChainWorks Industries ---
The total supply B3 has started dropping. About 1 Billion coins (net) were burned today. Still a long way to go but its a start, the B3 team said that they are working on a couple of options to accelerate the burn

Why do you post things like this to mislead?

Is it that you don't understand what it is you are writing also? Or just a simple mistake?

TOTAL SUPPLY will never change. In the blockchain, total supply will always be the total supply. A burned coin is STILL a coin in the blockchain and will ALWAYS show in the block chain and count towards the total supply, no matter how many coins are burned. All burning means is placing in a wallet and destroying the address that the coins go into. On the blockchain, the wallet address is STILL there holding those coins, but they can NEVER be retrieved.

The circulating amount will vary due to this, NOT the total amount of coins.

It's like saying FORD have produced 100 Billion cars of which 50 Billion were destroyed which means the total amount of cars they MADE were 50 Billion. Wrong. The total amount of cars they MADE is STILL 100 Billion, but the circulating cars left are 50 Billion after the others were destroyed. So on their 'books" (the blockchain) they will STILL show 100 Billion cars were made, but the circulating ones that are still around are 50 Billion.

I hope that is easier to understand now.

#crysx
newbie
Activity: 16
Merit: 0
my B3 is on novaexchange and the wallet is under maintenance I want to move them to staking wallet and that's not all they're closing will it take hundreds of man-hours to  to resolve this issue as well?
newbie
Activity: 13
Merit: 0
The total supply B3 has started dropping. About 1 Billion coins (net) were burned today. Still a long way to go but its a start, the B3 team said that they are working on a couple of options to accelerate the burn
member
Activity: 197
Merit: 10
Hello!

I have my B3 coins, on coinexchange.io

I have a dude, Is there any problem with my coins or are safe on my exchange wallet?

 Lips sealed

Unless you plan on trading them I would advise getting the wallet and moving them asap. Take no chances in the crypto world...
jr. member
Activity: 68
Merit: 7
Hello!

I have my B3 coins, on coinexchange.io

I have a dude, Is there any problem with my coins or are safe on my exchange wallet?

 Lips sealed
newbie
Activity: 14
Merit: 0
Unbelievable, I have sent my request to withdraw my whole sum of coins from the pool and I haven't received any sort of answer or coins whatsoever...WHAT'S GOING ON???

There are 100s of man hours needed to process all withdrawals, so it will take some days for everyone to get their transaction.

Great, so, I would be so much pleased, as you seem to be a member of the staff and has shown here good will, if you ask them to unban me on discord...same nick: akumaldo
newbie
Activity: 38
Merit: 0
B3 will hopefully be live on FaucetHub.io next week:

Hey there,

for the past 4 days I've been away from home. I became a father 2 days ago, and I'll be busy this week. So, most probably I'll be adding it next week (I hope!)

has faucethub  explained where and how we can actually use these b3 coins  from the faucets?

i love its being implemented  BUT  isnt it just going to continue adding to the sell walls?

Not necessarily. They are an exchange themselves.

Dice/ticket games and people throwing it away for doge/btc/ltc should really just fill faucethubs coffers. If they convinced them to start nodes it might be attractive for them business wise.
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
B3 will hopefully be live on FaucetHub.io next week:

Hey there,

for the past 4 days I've been away from home. I became a father 2 days ago, and I'll be busy this week. So, most probably I'll be adding it next week (I hope!)

has faucethub  explained where and how we can actually use these b3 coins  from the faucets?

i love its being implemented  BUT  isnt it just going to continue adding to the sell walls?

They offer games and trading on their site.

I'm not sure though... maybe worth reaching out to mexicantarget.  He's a pretty nice dude thus far.
full member
Activity: 164
Merit: 100
B3 will hopefully be live on FaucetHub.io next week:

Hey there,

for the past 4 days I've been away from home. I became a father 2 days ago, and I'll be busy this week. So, most probably I'll be adding it next week (I hope!)

has faucethub  explained where and how we can actually use these b3 coins  from the faucets?

i love its being implemented  BUT  isnt it just going to continue adding to the sell walls?
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
B3 will hopefully be live on FaucetHub.io next week:

Hey there,

for the past 4 days I've been away from home. I became a father 2 days ago, and I'll be busy this week. So, most probably I'll be adding it next week (I hope!)
newbie
Activity: 60
Merit: 0
Can someone post the commands I need to run on the headless linux wallet to start staking my balance on my own?
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