[Donated $2k+ To Charity] Clean Water Coin: A Crypto Charity (Pure PoS) - page 112.

iiikkkxj

member

Activity: 86

Merit: 10

Quote from: CleanWaterCoin on March 29, 2014, 10:14:56 PM

Quote from: YouIsPeng on March 29, 2014, 09:10:56 PM

Quote from: Urban Dressing on March 29, 2014, 08:52:35 PM

So until block 7k its only 1000 per block?

1000 is THE MOST the block reward will ever be! After block 7000 it will considerably less, dependent on the difficulty.

Regarding the confusion between the conflicting sets of formulae, I think it makes sense to assume that the following is the correct one, otherwise it doesn't really 'ensure a fair launch' ;

Block Rewards: From block 51-250 payout will be 0 to ensure a fair launch
1,000 from block 251-7000
(20,000)(1/√(Difficulty+500)) from block 7001-250,000
(15,000)(1/√(Difficulty+500)) from block 250,001-500,000
(10,000)(1/√(Difficulty+500)) from block 500,001+

This is correct. Sorry, I've been keeping the OP up to date and haven't had a chance to do it on the pool. What's listed on the OP is what is correct, we had to make a few small adjustments to make sure everything runs smoothly. I will go through the last few posts and answer them directly, give me just a few min--lots of things going on so bear with us please. TY

as dev confirmed.

iiikkkxj

member

Activity: 86

Merit: 10

Quote from: IntroVert on April 06, 2014, 06:37:53 PM

Quote from: xploreredfusion on April 06, 2014, 06:34:27 PM

It's normal

Code:

else if (nHeight >7000 && nHeight <=250000)
        {
            nSubsidy = (int64)((double)(20000 * sqrt(coinDifficulty + 500)) * COIN);
        }
)

nsubsidy = 20000 * sqrt(10+500) = BTCBTCBTC

Well, that's what I suspected while back and this is definitely a bug. So, we need to hear them acknowledge it and, once they decide on how to go about it, fix it.

what a stupid mistake! dev let us down !

Block Rewards: From block 0-50 payout will be 1 to ensure a fair launch
1,000 from block 51-7000
(20,000)(1/√(Difficulty+500)) from block 7001-250,000
(15,000)(1/√(Difficulty+500)) from block 250,001-500,000
(10,000)(1/√(Difficulty+500)) from block 500,001+

IntroVert

full member

Activity: 265

Merit: 119

Quote from: xploreredfusion on April 06, 2014, 06:34:27 PM

It's normal

Code:

else if (nHeight >7000 && nHeight <=250000)
        {
            nSubsidy = (int64)((double)(20000 * sqrt(coinDifficulty + 500)) * COIN);
        }
)

nsubsidy = 20000 * sqrt(10+500) = BTCBTCBTC

Well, that's what I suspected while back and this is definitely a bug. So, we need to hear them acknowledge it and, once they decide on how to go about it, fix it.

xploreredfusion

full member

Activity: 182

Merit: 100

It's normal

Code:

else if (nHeight >7000 && nHeight <=250000)
        {
            nSubsidy = (int64)((double)(20000 * sqrt(coinDifficulty + 500)) * COIN);
        }
)

nsubsidy = 20000 * sqrt(10+500) = BTCBTCBTC

33zer0w0lf

full member

Activity: 224

Merit: 100

Quote from: ghostbackwards on April 06, 2014, 06:20:46 PM

Quote from: WALKEN-COIN on April 06, 2014, 06:16:16 PM

Quote from: 33zer0w0lf on April 06, 2014, 06:11:14 PM

is there an irc channel? devs whats going on?

I am guessing they are AFK or are feverishly fixing the issue and will subsequently be introducing a wallet update.

(Agree that "We are looking in to this" needed asap to stop panic posts.)

I've been in IRC all day and haven't seen any acknowledgement of the issue.

what irc channel/server?

WALKEN-COIN

sr. member

Activity: 269

Merit: 250

Parsec Frontiers Pre-Sale 24.01.2018

Probably AFK then. I know at least a couple of them mentioned going to Church on Sunday. Hopefully they check their phones during breaks. Tongue

ghostbackwards

member

Activity: 70

Merit: 10

Quote from: WALKEN-COIN on April 06, 2014, 06:16:16 PM

Quote from: 33zer0w0lf on April 06, 2014, 06:11:14 PM

is there an irc channel? devs whats going on?

I am guessing they are AFK or are feverishly fixing the issue and will subsequently be introducing a wallet update.

(Agree that "We are looking in to this" needed asap to stop panic posts.)

I've been in IRC all day and haven't seen any acknowledgement of the issue.

WALKEN-COIN

sr. member

Activity: 269

Merit: 250

Parsec Frontiers Pre-Sale 24.01.2018

Quote from: 33zer0w0lf on April 06, 2014, 06:11:14 PM

is there an irc channel? devs whats going on?

I am guessing they are AFK or are feverishly fixing the issue and will subsequently be introducing a wallet update.

(Agree that "We are looking in to this" needed asap to stop panic posts.)

IntroVert

full member

Activity: 265

Merit: 119

Quote from: ghostbackwards on April 06, 2014, 05:57:57 PM

Quote from: YouIsPeng on April 06, 2014, 05:54:36 PM

Hello... Devs??? A word or two on what you're doing about this would be nice before everyone starts switching their miners.

Quote from: ghostbackwards on April 06, 2014, 05:29:12 PM

I agree, at this point it is important for the team to acknowledge they are aware and looking into this. As for the answer to the issue, it is better to have the right answer rather than a quick one. It is obvious that the transition into block 7001 and later was not tested properly beforehand.

33zer0w0lf

full member

Activity: 224

Merit: 100

is there an irc channel? devs whats going on?

ghostbackwards

member

Activity: 70

Merit: 10

Quote from: YouIsPeng on April 06, 2014, 05:54:36 PM

Hello... Devs??? A word or two on what you're doing about this would be nice before everyone starts switching their miners.

Quote from: ghostbackwards on April 06, 2014, 05:29:12 PM

YouIsPeng

full member

Activity: 175

Merit: 100

Hello... Devs??? A word or two on what you're doing about this would be nice before everyone starts switching their miners.

WALKEN-COIN

sr. member

Activity: 269

Merit: 250

Parsec Frontiers Pre-Sale 24.01.2018

Quote from: IntroVert on April 06, 2014, 05:25:05 PM

Quote from: ghostbackwards on April 06, 2014, 05:19:59 PM

Quote from: IntroVert on April 06, 2014, 05:14:56 PM

We are past block 7000, and values out from blocks look oddly similar to 20000*sqrt(500+diff) instead of 20000/sqrt(500+diff). I am currently mining WATER and I am starting to get credits of 2000+ coins per block, and I remember that the subsidy should have decreased after block 7000. This is very much unexpected.

Edit: Outstanding is increasing by the value out (see explorer http://cleanwatercoin.altstrade.cc/chain/CleanWaterCoin) which makes the coin inflation extreme.

Can someone from the team look into this issue? Is there a reason to be worried (i.e. a bug) here?

If you can find a dev to look at it I would be amazed, I've been in IRC all day trying to talk to them, no luck. 7+ hours now.

I mean at this rate we would be hitting the limit of 1 billion coins somewhere between block 9000 and 10000. This does not look good. At the minimum an explanation is needed of what's going on.

Bump.

platorin

sr. member

Activity: 392

Merit: 250

Yeah, most likley.

TheCoinFinder

legendary

Activity: 938

Merit: 1001

I would assume that the blockchain will be re-forked to block 7000, after the wallet is fixed, so any transactions after that block will be lost?

ghostbackwards

member

Activity: 70

Merit: 10

Quote from: IntroVert on April 06, 2014, 05:25:05 PM

Quote from: ghostbackwards on April 06, 2014, 05:19:59 PM

Quote from: IntroVert on April 06, 2014, 05:14:56 PM

We are past block 7000, and values out from blocks look oddly similar to 20000*sqrt(500+diff) instead of 20000/sqrt(500+diff). I am currently mining WATER and I am starting to get credits of 2000+ coins per block, and I remember that the subsidy should have decreased after block 7000. This is very much unexpected.

Edit: Outstanding is increasing by the value out (see explorer http://cleanwatercoin.altstrade.cc/chain/CleanWaterCoin) which makes the coin inflation extreme.

Can someone from the team look into this issue? Is there a reason to be worried (i.e. a bug) here?

If you can find a dev to look at it I would be amazed, I've been in IRC all day trying to talk to them, no luck. 7+ hours now.

I mean at this rate we would be hitting the limit of 1 billion coins somewhere between block 9000 and 10000. This does not look good. At the minimum an explanation is needed of what's going on.

IntroVert

full member

Activity: 265

Merit: 119

Quote from: ghostbackwards on April 06, 2014, 05:19:59 PM

Quote from: IntroVert on April 06, 2014, 05:14:56 PM

We are past block 7000, and values out from blocks look oddly similar to 20000*sqrt(500+diff) instead of 20000/sqrt(500+diff). I am currently mining WATER and I am starting to get credits of 2000+ coins per block, and I remember that the subsidy should have decreased after block 7000. This is very much unexpected.

Edit: Outstanding is increasing by the value out (see explorer http://cleanwatercoin.altstrade.cc/chain/CleanWaterCoin) which makes the coin inflation extreme.

Can someone from the team look into this issue? Is there a reason to be worried (i.e. a bug) here?

If you can find a dev to look at it I would be amazed, I've been in IRC all day trying to talk to them, no luck. 7+ hours now.

I mean at this rate we would be hitting the limit of 1 billion coins somewhere between block 9000 and 10000. This does not look good. At the minimum an explanation is needed of what's going on.

ghostbackwards

member

Activity: 70

Merit: 10

Quote from: IntroVert on April 06, 2014, 05:14:56 PM

We are past block 7000, and values out from blocks look oddly similar to 20000*sqrt(500+diff) instead of 20000/sqrt(500+diff). I am currently mining WATER and I am starting to get credits of 2000+ coins per block, and I remember that the subsidy should have decreased after block 7000. This is very much unexpected.

Edit: Outstanding is increasing by the value out (see explorer http://cleanwatercoin.altstrade.cc/chain/CleanWaterCoin) which makes the coin inflation extreme.

Can someone from the team look into this issue? Is there a reason to be worried (i.e. a bug) here?

If you can find a dev to look at it I would be amazed, I've been in IRC all day trying to talk to them, no luck. 7+ hours now.

IntroVert

full member

Activity: 265

Merit: 119

We are past block 7000, and values out from blocks look oddly similar to 20000*sqrt(500+diff) instead of 20000/sqrt(500+diff). I am currently mining WATER and I am starting to get credits of 2000+ coins per block, and I remember that the subsidy should have decreased after block 7000. This is very much unexpected.

Edit: Outstanding is increasing by the value out (see explorer http://cleanwatercoin.altstrade.cc/chain/CleanWaterCoin) which makes the coin inflation extreme.

Can someone from the team look into this issue? Is there a reason to be worried (i.e. a bug) here?

ghostbackwards

member

Activity: 70

Merit: 10

Quote from: WALKEN-COIN on April 06, 2014, 04:36:58 PM

Quote from: CleanWaterCoin on April 06, 2014, 04:28:52 PM

Quote from: WALKEN-COIN on April 06, 2014, 03:53:01 PM

Quote from: johnies on April 06, 2014, 03:49:08 PM

Quote from: WALKEN-COIN on April 06, 2014, 03:19:54 PM

Quote from: johnies on April 06, 2014, 03:14:36 PM

Could someone tell what is this Pos-thing? I get 8% of my wallet coins for free if I run my computer (what a waste of energy) for 20 days with wallet open? And after that 8% after 20 days etc? And what is pow?

You don't have to keep it open for 20 days. Just make sure to open it every 20 days or so, and don't move the coins around to other wallets or exchanges if you don't need to, as this will reset the age of those coins.

Basically, after 20 days, you can magically create interest coins. The more WATER you have, and the older those coins are, the faster they will find a POS block and mint for you while your wallets open. Once all the minting is done, you can close it down again for 19-20 days if you want to. Or, leave it open to contribute to the network.

Great, thanks!

You're welcome!!

Hahaha! This is great. Maybe it's time for a photoshop battle giveaway.

Thanks! And a series of themed photoshop battles with prize giveaways would be GREAT exposure as the images got passed around the social networks, assuming said images were positive ones. {Edit: Prizes would attract some talent!}

I also personally liked the addition of the blue to the water drop on the coin logo (I tried a few colors). I think it catches the eye a bit more than plain B&W. Opinions?

I would love to kick some H2O towards some photoshop prizes

Topic: [Donated $2k+ To Charity] Clean Water Coin: A Crypto Charity (Pure PoS) - page 112. (Read 195729 times)