Topic: [SSD] SonicScrewdriver [PoW/PoS] Sha256.[Tor Included]BITTREX CCEX and Bleutrade - page 14. (Read 47702 times)

Don't forget that this coin more or less debuted when the entire alt coin market went into mild hell mode...with POW not over yet and the dev known, still working and communicative.  Nothing but upside right now...

seems like a lot of people hold this coin, stagnan price at bittrex.

waiting something new from dev to moving the price.

Just dumped some power onto this coin little alte on the mining but now mining and moving hash over

We officially just passed the 50% mark for PoW!!!

And we also just saw the reward halve again!

Good work everybody!

Less than 250 blocks until another halving.

Reward halving again in less than 500 blocks, don't dump your coins for such low prices people!  All it does is let us buy them up

Right now we're at block 9592, remember, there's only a total of 20,160 blocks, so we're almost halfway through.  Countdown to PoW end.

i agree bro.i cant believe these guys dumping at this price.EPIC FAIL

Im laughing because of someone selling on Bittrex, its too low price now and they will lose alot of btc in some days 

nope just extra checkpoints and some code cleanup. helpful but not necessary

Manditory update?

Updated Wallets Link in OP and here
Wallets

• Linux 64bit
• OSX
• Windows 32bit Manual Install
• Windows 32bit Automatic Install

Mmmmm.. all good coins have trolls. This right here is a good sign!

I remember you.

So either you got the client to sync.
Or you are deciding to change your fud tactics.... go away and troll, or Try harder. Its been what, just over 4 days, I told yall what i am working on.

A far better written explanation of Earnings and Losses of PoS Stakeholders than I had. Care of Hondo.

Typically only about 25% of the money supply for a given Proof-of-Stake (PoS) coin is subject to continuous staking. This "fractional staking" leads to (1) gains for those who stake (minters) and (2) losses for those who don't (non-minters). Fractional staking therefore results in wealth transfer from non-minters to minters because inflation of the money supply is lower than it would be if the entirety of the money supply were continuosly staked.

To understand how wealth is transferred, it is helpful to quantify wealth as an individual's ownership of the total money supply of a given coin. For example, if an individual holds 1000 coins of a money supply of 100,000, then the individual's wealth is quantified as 1%.

The following example uses a 20% APY as an example because this value typically leads to a reasonable inflation rate of about 5% per year, given that all coins are subject to approximately the same fractional staking of 25%.

Note the following values:

• Total money supply after 1 year: 105% (5% inflation)
• Relative number of coins after one year for a minter: 120% (20% APY)
• Relative number of coins after one year for a non-minter: 100%

Using these values, the relative wealth of a minter after one year is 114% (120% / 105%). In other words, a minter who stakes continuously grows wealth at the rate of 14% per year. Thus, a minter of a coin with a 20% APY doesn't just keep up with inflation, but beats it by 14%!

On the other hand, a non-minter loses wealth over time. After a year, a non-minter's total coins is 100% of what it was at the beginning of the year. Therefore, a non-minter's drops to 95.2% during this time, losing wealth at the rate of 5% per year.

It is also possible to calculate a non-minter's losses in terms of forgone profits, which is 19.7% ([114% - 95.2%] / 95.2%). Thus, a non-minter could have nearly 20% more wealth if they had staked their coins ([114% - 95.2%] / 95.2%). Not coincidentally, these lost profits are approximately equal to the nominal APY.

No follow-up projects and white papers it? ?

Reward has halved again, as of about 20 blocks ago.  Keep up the great work guys!

glad to hear.