Topic: [XRA] RateCoin | PoS | Unique Generous Rewards | Low Supply Inflation - page 45. (Read 75148 times)
July 12, 2015, 06:59:48 PM
guys let us know when to update our daemons or shall the old ones are good so far
July 12, 2015, 06:57:48 PM
Ok so we dont need to change wallets ??
Just getting all the correct info i have the old wallet chugging away so i can just let it cruise as it is ?? correct
Just getting all the correct info i have the old wallet chugging away so i can just let it cruise as it is ?? correct
July 12, 2015, 06:47:49 PM
Great work resurrecting Rate Coin!
July 12, 2015, 05:33:21 PM
guys i have xra coins , now i must download the new wallet , send my coins into it, and then i stake?
sorry for the question
sorry for the question
If you were previously using the old "official" XRA wallet and are transitioning to the new community takeover wallet, they both use the same data directory and the same wallet.dat file.
No sending of coins from old wallet to new wallet, no copying files to a new data directory. Just download the new wallet from this thread's OP and launch it. This all assumes that you're using the same computer, and that your coins were in your personal wallet using the old system. If you had, for example, transferred your coins to an exchange then yes, you will need to transfer them back to your personal wallet in order to stake.
July 12, 2015, 05:25:47 PM
guys i have xra coins , now i must download the new wallet , send my coins into it, and then i stake?
sorry for the question
sorry for the question
would you be able to copy your wallet dat in to the app data directory if your using windows ?
July 12, 2015, 04:26:08 PM
guys i have xra coins , now i must download the new wallet , send my coins into it, and then i stake?
sorry for the question
sorry for the question
Nope, your first wallet should work fine for now.
July 12, 2015, 04:03:08 PM
guys i have xra coins , now i must download the new wallet , send my coins into it, and then i stake?
sorry for the question
sorry for the question
July 12, 2015, 03:58:05 PM
nice save 
July 12, 2015, 03:44:29 PM
does the community continue with the same roadmap too or do we go in another direction?
July 12, 2015, 03:19:29 PM
That's great, that great people help to fix the problem.
I am further with XRA
I am further with XRA
July 12, 2015, 02:41:14 PM
The stake rate calculation appears to be more deep then a simple decimal place error. Will report back once I have some more information for you guys as well as hopefully a fix. Remy_5 has been helpful with this process as well through PM, thank you sir.
July 12, 2015, 02:07:19 PM
it's now an entry point? 40 was the starting price right?
July 12, 2015, 02:04:24 PM
good move, i'm in.
If you need something just let us know.
If you need something just let us know.
July 12, 2015, 01:26:02 PM
I personally like the 30%, not sure what everyone else thinks? In my opinion what needs to be fixed is the 30 second block time. Bump that up to 2 or 3 minutes and it puts the coin on a long term path to success.
I like the High Rate Coin, but is a my personal opinion. And I like too a fast usable coin .
Why the 30 second block time should be changed? Just asking.
Remy_5
July 12, 2015, 01:16:19 PM
Price seems to already be reacting to the takeover. Exciting times in cryptoland.
July 12, 2015, 01:14:36 PM
alot more interest from people then i originally thought there would be
July 12, 2015, 12:50:19 PM
i do not like 30% stake and much prefer something more akin to the real world when it comes to interest rates ....3% is what I would vote for....as appreciation should come from value of coin not staking. Staking rate should be just high enough to encourage staking and support of the network, not pie in the sky high.
thank you press tab..and good luck
thank you press tab..and good luck
July 12, 2015, 12:48:32 PM
Im out. Just dropped in to say hello.
July 12, 2015, 12:42:34 PM
I like the 30% as well.
Wallet is up and running, all locked and loaded.
Ready to assist where I can.... well.. you know the drill.
Also, got IRC channel #Ratecoin up and running. Pinging drew to get the tip/game bot setup.
I personally like the 30%, not sure what everyone else thinks? In my opinion what needs to be fixed is the 30 second block time. Bump that up to 2 or 3 minutes and it puts the coin on a long term path to success.
Wallet is up and running, all locked and loaded.
Ready to assist where I can.... well.. you know the drill.
Also, got IRC channel #Ratecoin up and running. Pinging drew to get the tip/game bot setup.
Why dont you just change the daily blockcount to monthly as I am sure it isn't used. Then taper the rewards down by 25% monthly until you get back to the 3%. This example would allow 2 months from the first block to get the changeover.
First 2 months @ 30%
Month 3 @ 22.5%
Month 4 @ 15%
Month 5 @ 7.5%
Month 6 and beyond 3%.
Change
to
First 2 months @ 30%
Month 3 @ 22.5%
Month 4 @ 15%
Month 5 @ 7.5%
Month 6 and beyond 3%.
Change
Code:
const int DAILY_BLOCKCOUNT = 2880;
// miner's coin stake reward based on coin age spent (coin-days)
int64_t GetProofOfStakeReward(int64_t nCoinAge, int64_t nFees)
{
int64_t nRewardCoinYear;
nRewardCoinYear = MAX_MINT_PROOF_OF_STAKE;
int64_t nSubsidy = nCoinAge * nRewardCoinYear / 365 / COIN;
if (fDebug && GetBoolArg("-printcreation"))
printf("GetProofOfStakeReward(): create=%s nCoinAge=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nCoinAge);
return nSubsidy + nFees;
}
to
Code:
const int MONTHLY_BLOCKCOUNT = 86400;
// miner's coin stake reward based on coin age spent (coin-days)
int64_t GetProofOfStakeReward(int64_t nCoinAge, int64_t nFees)
{
int64_t nRewardCoinYear;
nRewardCoinYear = .1 * MAX_MINT_PROOF_OF_STAKE;
if(pindexBest->nHeight < (2 * MONTHLY_BLOCKCOUNT))
nRewardCoinYear = MAX_MINT_PROOF_OF_STAKE;
else if(pindexBest->nHeight < (3 * MONTHLY_BLOCKCOUNT))
nRewardCoinYear = .75 * MAX_MINT_PROOF_OF_STAKE;
else if(pindexBest->nHeight < (4 * MONTHLY_BLOCKCOUNT))
nRewardCoinYear = .50 * MAX_MINT_PROOF_OF_STAKE;
else if(pindexBest->nHeight < (5 * MONTHLY_BLOCKCOUNT))
nRewardCoinYear = .25 * MAX_MINT_PROOF_OF_STAKE;
int64_t nSubsidy = nCoinAge * nRewardCoinYear / 365 / COIN;
if (fDebug && GetBoolArg("-printcreation"))
printf("GetProofOfStakeReward(): create=%s nCoinAge=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nCoinAge);
return nSubsidy + nFees;
}
I personally like the 30%, not sure what everyone else thinks? In my opinion what needs to be fixed is the 30 second block time. Bump that up to 2 or 3 minutes and it puts the coin on a long term path to success.
July 12, 2015, 12:34:12 PM
What's the point in reviving it? Coin was a flop in the end. Whoever spends the time working on this coin should just make a new one
Sometimes it's fun just to write 10 seconds of code to solve a problem a dev abandoned his coin over as he couldn't fix.
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