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Topic: X13 [ANN] *SUMMERCOIN 2.0* [POW/POS][NAVAJO ANONYMOUS TECHNOLOGY][DECENTRALIZED] - page 77. (Read 171640 times)

legendary
Activity: 1302
Merit: 1001
Founder - NavCoin Ⓝ
Huh
Pow still going on?
I'm still getting new unconfirmed coins by mining on  sum2.v2.dedicatedpool.com

Yes but just 150 coins per block and it will halve again to 15 and to 1.5 coins. Smiley
At what block will it halve to 15 and to 1.5? Dedicated pool has far too much hash....We need some mining at other pools to offset this disparity.....

yup your are right in a few thousand blocks it's going to halve again. Smiley
legendary
Activity: 1393
Merit: 1001
Huh
Pow still going on?
I'm still getting new unconfirmed coins by mining on  sum2.v2.dedicatedpool.com

Yes but just 150 coins per block and it will halve again to 15 and to 1.5 coins. Smiley
At what block will it halve to 15 and to 1.5? Dedicated pool has far too much hash....We need some mining at other pools to offset this disparity.....
legendary
Activity: 1302
Merit: 1001
Founder - NavCoin Ⓝ
Hey, is this the summer of love. Sea, sand, sunlotion, sweat and babes... LOL


Yup you bet it is! Cheesy Babes oh boy YEAH!
full member
Activity: 146
Merit: 100
Hey, is this the summer of love. Sea, sand, sunlotion, sweat and babes... LOL
legendary
Activity: 1302
Merit: 1001
Founder - NavCoin Ⓝ
And I see it has already started staking for some of you. Smiley
legendary
Activity: 1302
Merit: 1001
Founder - NavCoin Ⓝ

the merged mining is coming

You mean multipool or something new ?
If its something like Vertcoin/Monocle I dont understant how it`s possible at POS stage.  Shocked
[/quote]

Yup multipool mate namely we are working with chunky pools on getting this up. POS will go on separately though pure pos , there is high chance of network stalled due staking for a lower number of people , I've seen this happen to many coins , what the POW phase does is keep the network active and also provide an incentive to the miners to keep the network going till we hit the MAX money and then it would transaction fees as incentives to the miners thus POS will also help confirm blocks.

This was implemented mainly to secure the blockchain and keep the network live.

Do let me know if you require further explanations.

~SoopY~
member
Activity: 118
Merit: 10

the merged mining is coming
[/quote]

You mean multipool or something new ?
If its something like Vertcoin/Monocle I dont understant how it`s possible at POS stage.  Shocked
legendary
Activity: 1302
Merit: 1001
Founder - NavCoin Ⓝ
14176 block there.
Cap must be 14000 AFAIK.

Yes mate but as I've mentioned it's a rapid decline of POW block rewards in 90% not cutting them completely off, because the merged mining is coming and we also was worried about the security of the network and stalling. Smiley

member
Activity: 118
Merit: 10
14176 block there.
Cap must be 14000 AFAIK.
legendary
Activity: 1302
Merit: 1001
Founder - NavCoin Ⓝ
Huh
Pow still going on?
I'm still getting new unconfirmed coins by mining on  sum2.v2.dedicatedpool.com

Yes but just 150 coins per block and it will halve again to 15 and to 1.5 coins. Smiley
legendary
Activity: 2165
Merit: 1002
 Huh
Pow still going on?
I'm still getting new unconfirmed coins by mining on  sum2.v2.dedicatedpool.com
legendary
Activity: 1302
Merit: 1001
Founder - NavCoin Ⓝ
Up will be more UP if you post something good also.  Tongue

Summercoin t-shirt for every foundation member with discount for example  Grin

Sure! Smiley
member
Activity: 118
Merit: 10
Up will be more UP if you post something good also.  Tongue

Summercoin t-shirt for every foundation member with discount for example  Grin
legendary
Activity: 1302
Merit: 1001
Founder - NavCoin Ⓝ
hero member
Activity: 504
Merit: 500
Smile if you're not wearing any underwear
sr. member
Activity: 490
Merit: 250
POW is done, mining is over  Grin Grin Grin
full member
Activity: 210
Merit: 100
OSX Wallet - http://pcmerc.com/files/SummerCoinV2-Qt.dmg

Wallet on OP page doesn't not work for me. Crashes on execution.



pcmerc~
http://pool.kryptochaos.com
full member
Activity: 210
Merit: 100
Current Block - 13910 of 14000

Mining will be finished in 1 hour Smiley

panic buy ?
sr. member
Activity: 490
Merit: 250
Current Block - 13910 of 14000

Mining will be finished in 1 hour Smiley
sr. member
Activity: 490
Merit: 250
Looks like a last chance to buy cheap SUM2 before multipools. I won't mind couple dumpers to fulfil my buy orders Wink

haha thank you Smiley - 40k bought at 220sat

Congratulations!

I bought at 250sat - 37K
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