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Topic: [pandacoin] The Panda Coin ♥ Scrypt Adaptive-N w/Kimotos Gravity Well ★ - page 269. (Read 398951 times)

newbie
Activity: 1
Merit: 0
Hey Guys Retweet the Panda release countdown please.  https://twitter.com/NADZcom
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Not sure if someone mentioned it before, but what's the halving time? 4 years or 50k/100k blocks?
Same thing about blocktime. 1 min or 2.5 min?

Quote
About the Coin

Symbol :  PANDA
Max Coins: 100 billion panda coins.
Block time: 2.5 minutes
Subsidy halves every 840,000 blocks (~4 years)

BTC ----> Scrypt Adaptive-N with Kimotos Gravity Well  <----  BTC

Block Rewards:
1 minute block target
Block 1-50,000: 0-1,000,000 PandaCoin Reward
Block 50,001 — 100,000: 0-500,000 PandaCoin Reward
Block 100,001 — 200,000: 0-250,000 PandaCoin Reward
Block 200,001 — 300,000: 0-125,000 PandaCoin Reward
Block 300,001 — 400,000: 0-62,500 PandaCoin Reward
Block 400,001 - 500,000: 0-31,250 PandaCoin Reward
Block 500,000+: 5,000 PandaCoin Reward

Serious questions like that are not to be posted here.
People are only interested on how much they will make out of this coins , not technical details.
newbie
Activity: 28
Merit: 0
member
Activity: 70
Merit: 10
Can I get my sums right on this - how much of the 3% is the IPO, and how much in BTC was the IPO (200?). I'm trying to figure out what your average 1BTC investor will get in terms of Pandas in their wallet.

2% of the 3% is for the IPO , remainder is toward services,sites,dev and various others

Am I getting this right

3% Premine = 3,000,000,000 Panda
2% of 3% for IPO = 60,000,000 Panda = 200 BTC  
1 BTC = 300,000 Panda?


Nice maths!

I thought you learned maths from your philosophy teacher. Grin Grin Grin

And if that is correct then a 1 million panda block reward is worth 3 BTC?
What's the percentage of 1 million panda reward in the first 50,000 block?


2% of total coins for IPO = 2 billion = 200BTC

But someone posted that it is not 2% of total coins, but 2% of the 3% premine that is allocated for IPO...
hero member
Activity: 812
Merit: 500
3% Premine  Huh Huh Huh

REALLY?

Get away from this coin
newbie
Activity: 35
Merit: 0
Not sure if someone mentioned it before, but what's the halving time? 4 years or 50k/100k blocks?
Same thing about blocktime. 1 min or 2.5 min?

Quote
About the Coin

Symbol :  PANDA
Max Coins: 100 billion panda coins.
Block time: 2.5 minutes
Subsidy halves every 840,000 blocks (~4 years)

BTC ----> Scrypt Adaptive-N with Kimotos Gravity Well  <----  BTC

Block Rewards:
1 minute block target
Block 1-50,000: 0-1,000,000 PandaCoin Reward
Block 50,001 — 100,000: 0-500,000 PandaCoin Reward
Block 100,001 — 200,000: 0-250,000 PandaCoin Reward
Block 200,001 — 300,000: 0-125,000 PandaCoin Reward
Block 300,001 — 400,000: 0-62,500 PandaCoin Reward
Block 400,001 - 500,000: 0-31,250 PandaCoin Reward
Block 500,000+: 5,000 PandaCoin Reward
hero member
Activity: 1162
Merit: 568
Can I get my sums right on this - how much of the 3% is the IPO, and how much in BTC was the IPO (200?). I'm trying to figure out what your average 1BTC investor will get in terms of Pandas in their wallet.

2% of the 3% is for the IPO , remainder is toward services,sites,dev and various others

Am I getting this right

3% Premine = 3,000,000,000 Panda
2% of 3% for IPO = 60,000,000 Panda = 200 BTC  
1 BTC = 300,000 Panda?


Nice maths!

I thought you learned maths from your philosophy teacher. Grin Grin Grin

And if that is correct then a 1 million panda block reward is worth 3 BTC?
What's the percentage of 1 million panda reward in the first 50,000 block?


2% of total coins for IPO = 2 billion = 200BTC
member
Activity: 70
Merit: 10
Can I get my sums right on this - how much of the 3% is the IPO, and how much in BTC was the IPO (200?). I'm trying to figure out what your average 1BTC investor will get in terms of Pandas in their wallet.

2% of the 3% is for the IPO , remainder is toward services,sites,dev and various others

Am I getting this right

3% Premine = 3,000,000,000 Panda
2% of 3% for IPO = 60,000,000 Panda = 200 BTC  
1 BTC = 300,000 Panda?


Nice maths!

I thought you learned maths from your philosophy teacher. Grin Grin Grin

And if that is correct then a 1 million panda block reward is worth 3 BTC?
What's the percentage of 1 million panda reward in the first 50,000 block?
member
Activity: 66
Merit: 10
newbie
Activity: 28
Merit: 0
sr. member
Activity: 280
Merit: 250
Ok everybody is so confused it`s not even funny, there are websites that do this shit for YOU if you cannot handle this stuff:

http://www.timebie.com/std/beijing.php

also: http://www.timeanddate.com/countdown/to?iso=20140214T04&p0=136&msg=Panda+Coin+Launch
member
Activity: 66
Merit: 10
I think that has clearly been stated as FEB14 GMT+8 12PM

3.5 hours left?

Sorry, i suck at time converting
sr. member
Activity: 420
Merit: 250
"to endure to achieve"
I think that has clearly been stated as FEB14 GMT+8 12PM
member
Activity: 66
Merit: 10
Can i get a clear answer on launchtime? Is it 00:00 14 feb GMT+8 = 4PM GMT 13 feb
Or is it 12 am 14 feb = 4 AM 14feb GMT
sr. member
Activity: 420
Merit: 250
"to endure to achieve"
btw what will be the currency ID - PAN?
newbie
Activity: 12
Merit: 0
How long till this comes out from the time of this post?

If I setup a miner on the pool and start it now, will it give errors, but eventually start working when the pool/coin is released?
sr. member
Activity: 420
Merit: 250
"to endure to achieve"
hmmm - well so much for being ready in time for solomining
newbie
Activity: 28
Merit: 0
The wallet will only be officially release on launch time to prevent premines. I currently hold 3% premine which will show up on blockchain later. And then how the coin is being assigned will also be announce, like I promised, 100% transparency
sr. member
Activity: 420
Merit: 250
"to endure to achieve"
can we get an answer on when the wallet is rdy?
been trying for a whole day to get an answer on this both here and in irc - no one responds. all other questions are promptly answered.
or is it because you already mine on it?
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