Topic: [PRE-ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine - page 13. (Read 24098 times)
July 21, 2014, 10:47:46 AM
July 21, 2014, 10:39:53 AM
M7 algorithm, no mining can be used to calculate the force that way?
July 21, 2014, 10:31:43 AM
when does it launch ?
July 21, 2014, 10:15:39 AM
looks good ,watch and wait.
July 21, 2014, 10:15:21 AM
It's an exponential decay function that is roughly
distributed coins = (2^64 - ((1 - 24310 * 10^8 / (2^64))^(1440*365.25*years) * 2^64)) / 10^8
so 12.35 billion in the first year.
distributed coins = (2^64 - ((1 - 24310 * 10^8 / (2^64))^(1440*365.25*years) * 2^64)) / 10^8
so 12.35 billion in the first year.
July 21, 2014, 10:07:19 AM
There are 2^64-1 units because that's the natural upper limit of a 64 bit integer, we're not arbitrarily picking some random value and saying "this sounds good". Plus more granularity is never a bad thing. The block reward is designed to halve every ten years (it changes every block, it doesn't suddenly halve), so it will take quite a long time before most of the coins get mined.
EDIT: keep in mind there are only 184.4 billion coins, each containing 100 million units (making each coin divisible by 8 decimal places).
EDIT: keep in mind there are only 184.4 billion coins, each containing 100 million units (making each coin divisible by 8 decimal places).
July 21, 2014, 10:02:58 AM
Is 2^64-1 essentially infinity?
Any other more digestible coin supply figures for say, the first year?
Any other more digestible coin supply figures for say, the first year?
July 21, 2014, 10:02:06 AM
Why so many coins?
July 21, 2014, 09:58:44 AM
How mine, more infomation?
You can't mine it yet, this is only a pre-announcement. In another week we will release. July 21, 2014, 09:49:54 AM
How mine, more infomation?
July 21, 2014, 09:29:58 AM
Quote
Your binary package is missing QtCore4.dll
Read the thread, you need to download the dll.zip package.thanks. hope this extra step is just for test builds.
July 21, 2014, 09:24:37 AM
watching.
July 21, 2014, 09:15:50 AM
sound nice,
more detail need.
thanks.
more detail need.
thanks.
July 21, 2014, 09:15:08 AM
When exactly is the launch time?
Read the first paragraph of the opening post. 28th of July at 1:00 AM UTC.Quote
Your binary package is missing QtCore4.dll
Read the thread, you need to download the dll.zip package. July 21, 2014, 09:13:57 AM
Will it have GUI?
Not only does it have GUI, but you can try it today on the testing thread https://bitcointalksearch.org/topic/test-release-cryptonite-binary-for-linux-new-qt-and-windows-builds-643758
Build issues.
Your binary package is missing QtCore4.dll
July 21, 2014, 09:09:43 AM
When exactly is the launch time?
July 21, 2014, 09:01:16 AM
oh man. is there a possibility that there is a gpu out there for this?
July 21, 2014, 08:58:23 AM
Miner available at launch?
I don't think there will be any GPU miner available at launch, since we're using a new PoW algorithm it's a bit tricky, but you never know. July 21, 2014, 08:57:23 AM
Will it have GUI?
Not only does it have GUI, but you can try it today on the testing thread https://bitcointalksearch.org/topic/test-release-cryptonite-binary-for-linux-new-qt-and-windows-builds-643758
Great. Nice to see something innovative (that isn't complete nonsense like all these pretend anon coins).
July 21, 2014, 08:57:06 AM
lol https://bitcointalksearch.org/topic/annxcn-cryptonite-elegant-anonymous-payments-based-on-cryptonote-700039
Who will be the faster?
Yeah I recently saw that. God damn newb with 1 post cloning bytecoin. Even using the same currency code as us, even though we've been publicly testing for many weeks now and we claimed the name and currency code way before that guy.Who will be the faster?
Seems that this cryptonite more legitimate
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