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Topic: X13 [ANN] *SUMMERCOIN 2.0* [POW/POS][NAVAJO ANONYMOUS TECHNOLOGY][DECENTRALIZED] - page 125. (Read 171640 times)

legendary
Activity: 882
Merit: 1000
NAV Coin [NAV]
Remember about logo contest!
And also please continue voting on Mintpal: https://mintpal.com/voting

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SummerCoin 2.0 NEW LOGO CONTEST

I'm pleased to announce the SUM2 new logo contest!
We will be picking the best logo and rewarding it's author with the prize of 15000 SUM1!
Please present Your works guys! Wink

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Already 65 BTC VOLUME on Bittrex! The fourth biggest volume on this exchenge atm.
 Think what will be happening on Poloniex and Mintpal! Cheesy
sr. member
Activity: 672
Merit: 250
raise your hands if you think we will see 5k with sumv2
full member
Activity: 182
Merit: 100
Good job, guys, glad to see Summercoin goes strong.

Yah, 100 btc volume coming soon

good, i am going to hold, to the moon
full member
Activity: 182
Merit: 100
Good job, guys, glad to see Summercoin goes strong.

Yah, 100 btc volume coming soon

good, i am going to hold..
bcd
sr. member
Activity: 252
Merit: 250
Good job, guys, glad to see Summercoin goes strong.

Yah, 100 btc volume coming soon
full member
Activity: 182
Merit: 100
Good job, guys, glad to see Summercoin goes strong.
bcd
sr. member
Activity: 252
Merit: 250
Over 30 BTC volume on Bittrex, we are going HIGH! Cheesy
Hi, are we going to do coin swap before POW mining, or after POW mining commences?
I will finish up discussing details about swap with dev very soon Wink

53 btc volume (traded) as of now
legendary
Activity: 882
Merit: 1000
NAV Coin [NAV]
Over 30 BTC volume on Bittrex, we are going HIGH! Cheesy
Hi, are we going to do coin swap before POW mining, or after POW mining commences?
I will finish up discussing details about swap with dev very soon Wink
hero member
Activity: 504
Merit: 500
It would be good idea to contact poloniex to bring SUM back to the exchange

The SUM volume @Bittrex will bring Polo back.

Maybe they don't realise yet, couple messages on trollobox should help
bcd
sr. member
Activity: 252
Merit: 250
It would be good idea to contact poloniex to bring SUM back to the exchange

The SUM volume @Bittrex will bring Polo back.
hero member
Activity: 504
Merit: 500
It would be good idea to contact poloniex to bring SUM back to the exchange
hero member
Activity: 504
Merit: 500
Over 30 BTC volume on Bittrex, we are going HIGH! Cheesy
Hi, are we going to do coin swap before POW mining, or after POW mining commences?

I believe after a premine, and it over 48BTC volume already Smiley
legendary
Activity: 1778
Merit: 1000
Over 30 BTC volume on Bittrex, we are going HIGH! Cheesy
Hi, are we going to do coin swap before POW mining, or after POW mining commences?
sr. member
Activity: 406
Merit: 250
We can hit 5K sat for Summer 2.0 easily. This is like and IPO, but a fair IPO with a very cheap price  Smiley
sr. member
Activity: 462
Merit: 250
I have a problem, as I stated before.. I got mac wallet, with coins inside, it's not syncing.. how do I swap for SUM 2.0 ?
bcd
sr. member
Activity: 252
Merit: 250
legendary
Activity: 882
Merit: 1000
NAV Coin [NAV]
Over 30 BTC volume on Bittrex, we are going HIGH! Cheesy
sr. member
Activity: 252
Merit: 250
OFFICAL ANNOUNCEMENT

Becouse of the Community's wish we have decided to change total amount of SummerCoin 2.0 coins to 50,000,000
Becouse of that swap ratio is 1:1
Here's the full and updated specification:

Algorithm: X13 POW/POS
Symbol: SUM2
total coin: 50,000,000
Block reward: 1500
POW max height: 14000 - 7 days POW only
Block time: 30 seconds
Retarget: dfficulty will adjust dach 25 blocks, and at block 250, adjust dach block
Min age: 4 days
Max age: unlimited
Confirmations on Transactions: 3
Confirmations on Mined Blocks: 60
Stake interest: First Year: 20%
Second Year: 10%
Third Year goes on: 5%
PREMINE: amount of coins on the SUMv1 Chain (swapped at 1:1 ratio)
RPC port: 33333
P2P port: 33330

Like You can see Your suggestions are important for us!  Wink
- Strugg, SummerCoin Foundation Manager


I'm sorry im confused -- are the coins generated from the  7 day POW portion, already included in the 50,000,000 total coins?

How much of the 50,000,000 is coming from the previous summercoin swap ?
How much of the 50,000,000 is coming from the 7 day POW portion?

Thanks - sorry if this was answered already

Since we will swap SUM1 to SUM2 by ratio 1:1 we will be mining the exact amount of coins on the SUM1 chain on the first block, thereafter what's left od 50,000,000 will be given out for the POW phase. After POW will be POS.
 I hope You are satisfied with this explanation Wink
Thanks that was quite clear!
bcd
sr. member
Activity: 252
Merit: 250
current traded volume for SUM @ bittrex is over 20 btc, when X13 is out it will be over 100 btc.
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