[BitSynq]~P2P In Wallet Applications~ Modern Wallet Update to v1.1.6|Synq.tech - page 72.

zaph3t

sr. member

Activity: 294

Merit: 250

SynqCrypto Team

Quote from: cryptolord on July 08, 2016, 11:22:07 AM

For the second phase, let say someone sent 1 btc and total btc sent is 10 btc, that means he will get 10% of the 19m coins available = +- 1.9 million bitsynq?

Yes at the time you sent your 1btc, but your 1.9 million will keep decreasing as more people send also 1btc or less or more people join until the End of the ICO. The Total BTCs SENT will change everytime someone participate so your 1.9m will be re-calculated for each participation until ICO ends.

Thank you.

cryptolord

full member

Activity: 142

Merit: 100

For the second phase, let say someone sent 1 btc and total btc sent is 10 btc, that means he will get 10% of the 19m coins available = +- 1.9 million bitsynq?

zaph3t

sr. member

Activity: 294

Merit: 250

SynqCrypto Team

Quote from: BoldNinja on July 08, 2016, 11:00:39 AM

Thank you for your clarification - so the only way to get DPOS and POS reward will be to run a masternode? Who will get that 50k (developers) ? What would be the minimum server requirements to run it? Thanks!

NO - you will get DPOS and POS reward by staking your own coins no need to have a masternode. 50k Collateral for your masternode is still yours it doesnt go to anyone. It is call "Collateral" because it is the only way to activate your masternode and get a certain percentage of rewards. If you happen to spend your 50k collateral, your masternode get removed from the list of masternodes.

I will post more details about how masternode work and how to setup one after the release of v1.2 which will have synqnode enabled.

thank you.

cryptolord

full member

Activity: 142

Merit: 100

Very2 interesting project

BoldNinja

hero member

Activity: 1806

Merit: 515

Quote from: zaph3t on July 08, 2016, 09:47:24 AM

Quote from: BoldNinja on July 08, 2016, 09:24:31 AM

Can someone explain how will the DPOS and POS work ?

DPOS REWARD: 5 Coin / Block (Ends on Block 100000)
POS STATIC REWARD: 0.5 Coin / Block

Will you be able to stake with your own coins? What is the block time and is there going to be and halving or static 5.5 per block till it fills 50m?

Yes, it is your own Coins that you will be staking. The Block Time is 1min and will auto update to 90s after DPOS ends. There will be no
Halving at all only static reward until the Total Max of 50M are staked.
You will be able to use your coins to play in the Casino Games by using an Escrownode (when it development is done), and also in
SynqCraft Game and pay for Reliable Storage through out your Synqnet Storage Client.

And dont forget about Synqnodes (masternode) it will cost 50000 SYNQ to run a masternode and you will get a certain percentage of the DPOS and
POS rewards.

Thank you.

Thank you for your clarification - so the only way to get DPOS and POS reward will be to run a masternode? Who will get that 50k (developers) ? What would be the minimum server requirements to run it? Thanks!

magalhanze

sr. member

Activity: 368

Merit: 250

i like the new signature much better!

atchoum6760

legendary

Activity: 1904

Merit: 1063

Quote from: zaph3t on July 08, 2016, 09:21:28 AM

SIG DESIGN TYPO FIXED (JULY) Instead Of (JULLY) FOR "Full Member" - "Member" and "Jr. Member"
PLEASE UPDATE AGAIN IF POSSIBLE.

ok update.

Rkana

sr. member

Activity: 281

Merit: 250

RK Coin Services - Alt Coins Dev (ETH-BTC & More)

Updated my Sig Cheesy

I will buy some more in Phase2 Good luck to everyone.

Edit: Just turned full member now

zaph3t

sr. member

Activity: 294

Merit: 250

SynqCrypto Team

Quote from: nyteo on July 08, 2016, 09:43:07 AM

Images are not allowed. As your member rank increases, you can use more types of styling in your signature, and your signature can be longer. See the stickies in Meta for more info.
Max 150; characters remaining: 0

I found the same code , as I wear now Cheesy

Ok please use this code below, I changed the link to the thread to "bitsynq.com" it should fix your sig issue.

Code:

[center][url=bitsynq.com]BITSYNQ █ A NEW KIND OF FREEDOM █ PHASE II ICO ENDS JULY 15th █[/url] [url=https://github.com/SynqCrypto/BitSynqModern/releases]TEST OUR WALLET[/url][/center]

zaph3t

sr. member

Activity: 294

Merit: 250

SynqCrypto Team

Quote from: BoldNinja on July 08, 2016, 09:24:31 AM

Can someone explain how will the DPOS and POS work ?

DPOS REWARD: 5 Coin / Block (Ends on Block 100000)
POS STATIC REWARD: 0.5 Coin / Block

Will you be able to stake with your own coins? What is the block time and is there going to be and halving or static 5.5 per block till it fills 50m?

Yes, it is your own Coins that you will be staking. The Block Time is 1min and will auto update to 90s after DPOS ends. There will be no
Halving at all only static reward until the Total Max of 50M are staked.
You will be able to use your coins to play in the Casino Games by using an Escrownode (when it development is done), and also in
SynqCraft Game and pay for Reliable Storage through out your Synqnet Storage Client.

And dont forget about Synqnodes (masternode) it will cost 50000 SYNQ to run a masternode and you will get a certain percentage of the DPOS and
POS rewards.

Thank you.

nyteo

sr. member

Activity: 476

Merit: 500

Images are not allowed. As your member rank increases, you can use more types of styling in your signature, and your signature can be longer. See the stickies in Meta for more info.
Max 150; characters remaining: 0

I found the same code , as I wear now Cheesy

zaph3t

sr. member

Activity: 294

Merit: 250

SynqCrypto Team

Quote from: nyteo on July 08, 2016, 09:28:30 AM

Quote from: zaph3t on July 08, 2016, 09:21:28 AM

SIG DESIGN TYPO FIXED FOR "Full Member" - "Member" and "Jr. Member"
PLEASE UPDATE AGAIN IF POSSIBLE.

I can not find my signature code for fixed. whether my signature is correct ?

You can copy again from Bounties Thread OP and replace.

nyteo

sr. member

Activity: 476

Merit: 500

Quote from: zaph3t on July 08, 2016, 09:21:28 AM

SIG DESIGN TYPO FIXED FOR "Full Member" - "Member" and "Jr. Member"
PLEASE UPDATE AGAIN IF POSSIBLE.

I can not find my signature code for fixed. whether my signature is correct ?

zaph3t

sr. member

Activity: 294

Merit: 250

SynqCrypto Team

Quote from: bspus on July 08, 2016, 05:28:06 AM

Quote from: ChrisPop on July 08, 2016, 05:21:03 AM

Yes,I've already seen that,but when will the bounties be distributed? After July 15th? Because the ICO phase II finish on 15th..

Well obviously after the 15th. Hopefully no long after though

Yes correct. Phase ICO ends on July 15th at 11h 59min. Wallets will be released on July 16th and Distribution of ICO Funds
will be proceeded first and SIG and /or Avatar Bounties will be proceeded probably around July 17th and we will go with the rest
of other Bounties one by one.

The Bounties Distribution in General could take a week or so.

Thank you.

BoldNinja

hero member

Activity: 1806

Merit: 515

Can someone explain how will the DPOS and POS work ?

DPOS REWARD: 5 Coin / Block (Ends on Block 100000)
POS STATIC REWARD: 0.5 Coin / Block

Will you be able to stake with your own coins? What is the block time and is there going to be and halving or static 5.5 per block till it fills 50m?

zaph3t

sr. member

Activity: 294

Merit: 250

SynqCrypto Team

SIG DESIGN TYPO FIXED (JULY) Instead Of (JULLY) FOR "Full Member" - "Member" and "Jr. Member"
PLEASE UPDATE AGAIN IF POSSIBLE.

WolfLee84

member

Activity: 101

Merit: 10

Sig updated

atchoum6760

legendary

Activity: 1904

Merit: 1063

Sig update Wink

bspus

legendary

Activity: 2165

Merit: 1002

Quote from: ChrisPop on July 08, 2016, 05:21:03 AM

Yes,I've already seen that,but when will the bounties be distributed? After July 15th? Because the ICO phase II finish on 15th..

Well obviously after the 15th. Hopefully no long after though

ChrisPop

legendary

Activity: 2310

Merit: 1035

Not your Keys, Not your Bitcoins

Quote from: raetsch on July 08, 2016, 05:16:53 AM

Quote from: ChrisPop on July 08, 2016, 05:09:24 AM

So in order to get paid from the avatar campaign we need to keep them up until July 15th right?

from the bounty thread:
Note: You need to have your Sig and/or Avatar Up until the end
of Distribution of the Bounties to be full eligible for your reward

Yes,I've already seen that,but when will the bounties be distributed? After July 15th? Because the ICO phase II finish on 15th..

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