Topic: ☞[∁∁] ∁yber∁oin [NoPremine][∁yberNodes][Stealth][vPoS]☜ - page 36. (Read 72152 times)

I would like to point out to the trolls according to the block explorer with richlist
the current distribution of coins is perfect, other than exchange addresses and pools
there is no mega holders of CC.

community fund is only 0.5% and only a quarter of what an average pool charges in fees.
the fund is not taken out of PoW and neither from vPoS rewards, it's just a percent based
on vPoS block and will not be generated in PoW stage at all. It will be used for promotional
stuff like rain events on IRC, twitter promos, to fund a faucet, or reward translations or services.

There are 2 coders working on CyberCoin, and the High vPoS model we introduce with variable
interest is designed to reward initial PoW miners the most and the interest rate is based on staked
block amount which means instead of people splitting blocks to 10 different inputs they will make
more interest by combining into one input to gain a higher stake level. CyberCoin will initially start
with 88 million coins in PoW and with variable interest in the first 15 days  of vPoS 2.0 will evolve
into a coin that will have a max cap in the billions. The initial yearly interest rate depending on what
slab the holder is staking could range from 823% to 8230%. This initial high rate of inflation will
drop after ~18 days by about 90% but will still be high interest compared to other coins.
Our focus is microtransactions, security, usability, and at the same time reducing the carbon footprint by
using a short period of PoW and going with the most "GREEN" proof of stake coin ever.

Cybercoin reduced maturity rate and incentives to combine inputs for better rewards increases the security
and reduces clutter. It will also make the coin more transparent as big holders have an incentive to combine
their holdings into one input rather than hide it in many.

There is another coin Neucoin that is doing a similar approach and they have a 37 page whitepaper, but they are
doing a 2.5 billion premine ICO if I remember correctly. We on the other hand will mine this with everyone else in PoW
and will not hold any coins that we did not mine fairly with others. The community fund will be just that.

We will work on the whitepaper as soon as we are done with the release, we wanted to get the code out into the public
before anyone says it's just another copy paste. We tested the code repeatedly in the last couple of months and made sure
no bad surprises will happen, as we will rent hash like everyone else to mine CC.

I hope that answers your concerns. If you have any suggestions please let us know.

sent 50k cybercoin for donation.

that's about 10% of my totalcoin.

Can Someone tell me what "conflicted Transaction" Means Tells me that coins receives with address but  That error there and another thing as well wallet wont sync very well sometimes it is but most of the time it says no connection when it does its only 1 and may or may not sync any answers because I dont know myself   Bunch of coins just stuck somewhere the biggest majority of them looking at the explorer tells me recieved I guess but really I am not 100 percent sure what im looking at

Barley 24 hours passed and we are talking about the devs leaving.
It's not going to happen. Like I said the real fun starts tomorrow.

If dev leaves this one = crazy , but I don't think that is going to happen .

Great work dev , keep it up .

People need to know that when a coin is on the market,everyone could make profit.
That's trading strategy.
Dev or escrow will dump all? Good,someone's else will buy lower and hype as well and make much profit.

I'm buyng all coins under 100 satoshi,trying to catch at least 70% of total supply.
Then if dev or team leave the coin,doesn't matter. A good trader will make profit anyway.

Even if a coin is dead.

Do you remember OPTIMUM coin? Dev dumped all at 40 satoshi,coin dead for 2 weeks,then pumped to 300 satoshi without dev.
Trading is not for weak hands.  

Dev leave= That's the best time to buy more.  

Let him. Based on his information all coins are made by me, and escrowed, and ICO, and dumped. He is so fully. Most likely a ten year old idiot.

Does it bother you at all that if you simulate this coins distribution, over a long time scale, it will always go nearly 100% to the 1 or 2 wallets that qualify for staking at the max input size?

That will be determined by the first 15 days of vPoS, the interest is variable.