Ruby A precious gem for the digital age - page 20.

rickgejr

sr. member

Activity: 251

Merit: 250

Quote from: HarryPorter on September 13, 2015, 12:15:57 PM

Quote from: rickgejr on September 13, 2015, 11:15:54 AM

Was the question ever answered about the max amount of coins to be minted?

I am not a dev of the coin, but as I see it, couse is only POS:
total supply at the minute: 22,246,680 RBY
so max supply in (year):
2016 => 22,246,680 * 5% (total now) = 23,359,014
2017 => 23,359,014 * 5% (total 2016) = 24,526,964
2018..
2019..
2025 => 36,237,493 (after 10 years MAX - depends is all coins staked)..

I can PM you more calculation if you looking forward more then 10 years, let me know.

ps.correrct me if I am wrong, I only used windows calculator.

Appreciate it.

rickgejr

sr. member

Activity: 251

Merit: 250

Quote from: rby on September 13, 2015, 11:55:29 AM

Quote from: rickgejr on September 13, 2015, 11:15:54 AM

Was the question ever answered about the max amount of coins to be minted?

There is no maximum. All proof of stake coins are like this, otherwise the blockchain would stop. Around 1,000 to 2,000 Rubycoin are created each day through staking.

Thanks.

rby

hero member

Activity: 742

Merit: 611

Brotherhood is love

Quote from: HarryPorter on September 12, 2015, 02:29:01 PM

any chance to add XMR market on poloniex to new version of Trader Daddy, or may later in future?

Possibly, depending on time constraints.

Quote from: almond on September 13, 2015, 12:38:16 AM

Would it be possible to have future versions of Trader Daddy check a wallet address for the minimum balance verification, as well as, or perhaps in place of, using the exchange APIs ?

This feature is planned, but may not be available in the coming update.

Quote from: xZork on September 13, 2015, 01:00:32 AM

All I have to say is God Damn!, pardon my french.

I never play with alt coins really and started to dabble with ruby only because I saw it on bitcoinwisdom just over a week ago.

Best profit margin I have had since selling hash rate to people mining paycoin. Wish I would of put in more @ 0.00003

This has been one hell of a party. I still have coin in and am excited to see where this ride takes me.

Glad you're enjoying the market!

HarryPorter

hero member

Activity: 610

Merit: 506

crypto = passion

Quote from: rickgejr on September 13, 2015, 11:15:54 AM

Was the question ever answered about the max amount of coins to be minted?

I am not a dev of the coin, but as I see it, couse is only POS:
total supply at the minute: 22,246,680 RBY
so max supply in (year):
2016 => 22,246,680 * 5% (total now) = 23,359,014
2017 => 23,359,014 * 5% (total 2016) = 24,526,964
2018..
2019..
2025 => 36,237,493 (after 10 years MAX - depends is all coins staked)..

I can PM you more calculation if you looking forward more then 10 years, let me know.

ps.correrct me if I am wrong, I only used windows calculator.

rickgejr

sr. member

Activity: 251

Merit: 250

Was the question ever answered about the max amount of coins to be minted?

IIIIIHIIIII

member

Activity: 69

Merit: 10

Quote from: bittamak on September 13, 2015, 01:09:13 AM

What is the current POS difficulty and how many coins in a block needed to get a stake?

Current POS difficulty is 563.1K
https://chainz.cryptoid.info/rby/

bittamak

sr. member

Activity: 444

Merit: 250

What is the current POS difficulty and how many coins in a block needed to get a stake?

xZork

hero member

Activity: 1249

Merit: 506

All I have to say is God Damn!, pardon my french.

I never play with alt coins really and started to dabble with ruby only because I saw it on bitcoinwisdom just over a week ago.

Best profit margin I have had since selling hash rate to people mining paycoin. Wish I would of put in more @ 0.00003

This has been one hell of a party. I still have coin in and am excited to see where this ride takes me.

almond

sr. member

Activity: 407

Merit: 254

Would it be possible to have future versions of Trader Daddy check a wallet address for the minimum balance verification, as well as, or perhaps in place of, using the exchange APIs ?

HarryPorter

hero member

Activity: 610

Merit: 506

crypto = passion

any chance to add XMR market on poloniex to new version of Trader Daddy, or may later in future?

124C41

sr. member

Activity: 308

Merit: 250

EVERYTHING YOU CAN IMAGINE IS REAL

Quote from: sparksi on September 11, 2015, 04:37:18 AM

https://www.cryptsy.com/markets/view/RBY_BTC New exchange

well then, that's nice.

sparksi

hero member

Activity: 686

Merit: 500

https://www.cryptsy.com/markets/view/RBY_BTC New exchange

Frostbite72

member

Activity: 100

Merit: 10

woohoo Ruby !!!

IIIIIHIIIII

member

Activity: 69

Merit: 10

11 btc in exchange for around 110k rby

rby

hero member

Activity: 742

Merit: 611

Brotherhood is love

Thanks to everyone who participated in the "proof of concept" phase of TraderDaddy. I'm convinced it's worthy of further development. A new version is being re-coded from scratch and is estimated for release in September. The goal of the rewrite is to make it easy to maintain long term. Future upgrades will be faster and with fewer bugs. TraderDaddy will be available for download again once this new version is ready. The increase in price for Rubycoin may result in TraderDaddy requiring a smaller amount for use.

sigwo

hero member

Activity: 656

Merit: 500

Go Jupiter!

Let me know if you need any help or just someone to help document

vectisitch

legendary

Activity: 1927

Merit: 1004

watch this baby fly at last

sigwo

hero member

Activity: 656

Merit: 500

Go Jupiter!

Great product. Price rise makes me think new version on the horizon? Finally the 100K option?

shveicar

legendary

Activity: 1414

Merit: 1013

DMD info: https://diamond-info.github.io/

How many coins will be in the Rubycoin?
This is another unlimited POS coin?

Eliphaz Fimk

hero member

Activity: 773

Merit: 500

Heatledger.com

Rubycoin looks very inspiring for a change, great idea about the TraderDaddy for driving adoption. I'm following this thread!

Topic: Ruby A precious gem for the digital age - page 20. (Read 251864 times)