Topic: EUROPECOIN [ERC] 🌟 FINANCECLOUD 🌟 CRYPTOCURRENY & FINANCE API + SMARTHUB 🌟 - page 219. (Read 543135 times)

... zzzzZZZZZTH ZizzZZZEL smells like some bonus thingy is cooking tonight

what a smell, i love it ....

 

have fun
Matthias 


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and the thread is also good for learning about the nature of the concept "ASSETS" too.
A very enlightening discussion, indeed.

have fun
Matthias


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True words, thank you very much !!

Despite from (for nearly one man shows typical) moderate time lags,
the estimated announcements, that tend to be true
are approximately .... lets say ...

100%

as known by experienced
Europecoin members

have  fun
watch out 
Matthias


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Europecoin trade is here:






and here:

BITTREX



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its very hard accumulate ERC now
but how it will be after new wallet release
even if only 50% of the announcements matthias make are true......

additional POS based inflation will be much lower
which also means POS based income

now add 1+1

Thank you for the kind words.

the flowers named "excellent developer" are belonging to this guy:

https://bitcointalksearch.org/topic/m.13139670

he is the fabulous brain behind everything since V2 :-)

so lucky he joined

b.t.w. nice to see you here Vegas, thank you for the recommendation.

Its a great honor to see so many core community members expressing their trust,

its a source of motivation

have fun
Matthias

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I support ERC and everything it stands for. Go Europe coin!!!

Vegas

Wise words from excellent developer.

being able to accept different mindsets is a path
to find out, about the similarity’s.

Diamond Foundation has shown that ability in difficult
times, a real partner to support.

Visions first, is the path to success.

a smile from here
Matthias

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thx for all matthias!
a man open minded and honest
never forget who was walking side by side with him in the early days
i think i see a future with you!

NO EINSTEIN? NO PROBLEM!

yes we are aware that there will have to be some better way to explain the calculation,
or even better, some kind of tool, to do it for you. Our to-do list is full of future improvements and
will be rolled out, as quick, as you would expect from any EUROPECOIN/STAISYBIT project.

Our power is growing faster than we ourself have ever expected,
mainly because our network of partnerships is exploding, (thank you to everybody)
some promising cooperation's will be announced very soon,
expect even more big things to happen.

And these estimates are not epic, they are conservative ...
As we grow we are continuously focusing on better planned, better targeted projects, more informative announcements and
carefully chosen partners like Diamond Foundation, Noble Suite, Uberpay/Geopay, CointoPay and so many more.

..... and even more fun!

Always be EPIC !! Always OVERDELIVER !!




Yes and THAT's fun!
Matthias





Europecoin trade is here:






and here:

BITTREX



.

today adding:
FuelCoin , CapriCoin, PeerCoin
BlackCoin, EnergyCoin and Bitz are almost synced

have fun
Matthias


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Well, there's a non-null probability that the second name might be Onestone in German...

Hi. Please post this question in Staisybit thread too, i will copy/paste the reply there. This will help others with same question. Thank you.

Shares are based on the weight that the user is able to earn keeping his coins on our system. The weight is a mix between user's average funds and the time he has kept those funds on Staisybit. In this way, we can take into consideration not only the deposits, but also the withdrawals (which decrease the weight), also considering the time, which rewards users for the fact that they keep coins on our wallet (which is, by the way, the same the normally a PoS wallet does when calculating user weight in network). I have also implemented a system to adjust, in medium/long term, the weight of big holders, ensuring to the small holders to have always a chance to get shares even when big holders have kept their (big) deposits on Staisybit for long time (hence having accumulated much much weight).

Example:

- Assumptions: usernames are "A" and "B", now is time "t", cash flows are indicated with "cf", balance is indicated with "b"

Assuming to have:

Then, at time "t" (now), i'd calc the shares as follow:

- User A:

• current balance(b1) = cf_1           then =>     weight for the 1st period (W_A_1) is:    b_1 * [(t-3) - (t-4)]
• current balance(b2) = cf_2 + b1   then =>     weight for the 2nd period (W_A_2) is:    b_2 * [(t-2) - (t-3)]
• current balance(b3) = cf_3 + b2   then =>     weight for the 3rd period (W_A_3) is:    b_3 * [(t-1) - (t-2)]
• current balance(b4) = cf_4 + b3   then =>     weight for the 4th period (W_A_4) is:    b_4 * [(t) - (t-1)]

- User B: the same as user A

Then:

• User A weight: W_A_1 + W_A_2 + W_A_3 + W_A_4 = W_A_T
• User B weight: W_B_1 + W_B_2 + W_B_3 + W_B_4 = W_B_T
• Total Weight of "Staisybit": W_A_T + W_B_T = W_T

Now... the shares:

• User A: W_A_T / W_T * 100
• User B: W_B_T / W_T * 100

The math above is able to take into consideration not just the deposits, but also the withdrawals, and always considering the time you kept a certain balance in our system too; we give importance to the time because, as you know, time matter in PoS coins under the name of "weight" or "coinage".

Recently, an user raised a problem of this system:

Problem: if an user deposit large amounts and keep them there for long time, small users won't have enough weight to even get 0.01% of the shares.

Solution: users whom have more than 20% of total Staisybit funds for a certain coin, will see the weight of the time decrease slowly within 365 days. What does this mean? This mean that i created a function that decrease the weight of the time until 0.4% in 365 days. In other words, users with very high % of funds will end up having their weight calculated almost only by their funds, no matter the time, in 365 days.

I know it's a bit hard to explain on the paper, feel free to ask more if something is not clear.

but of course i'll give you an answer, give me a few hours,
untill i am back home

have fun
Matthias


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i would ask that question in staisybit thread answer is of relevance for all staisybit users not only ERC
https://bitcointalksearch.org/topic/launched-staisybit-universal-online-staking-wallet-1091402

Hi Matthias,

How are the shares calculated in Staisybit?

Currently there are ~39BTC in Europecoin in Staisybit. If I have 4BTC worth of ERC in Staisybit does it mean that I have a 10% share in the staking?

Tks

Bitcoin and every other coin be carefull ERC is coing to clam the throne