[ANN][ICASH] iCash | Anonymous | X11 | Masternodes | Darksend | InstantX

[rudolfaxl]

icash must quick to grow up before anonymous is boring 

[cryptodev35]

icash must quick to grow up before anonymous is boring 

Right now we are making a arcade site where you can win iCash for playing. I'm also in tuch with HYPERfuture to integrate iCash to their CS 1.6 server (with automatic crypto integration) and CSGO server.

[BanzaiBTC]

It seems people lost interest in Icash




I still think the supply needs a cut...

[cryptodev35]

It seems people lost interest in Icash




I still think the supply needs a cut...

I think that with current supply and the low hashrate the price was to high, i have accumulated iCash from 100 sat all the way to the price now. But it's still cheaper to mine it and it's almost only one that mines and dump al the time. I'm waiting for him to finally managed to dump the price so low that he does not think it's worth anymore and stops.

The supply really doesn't matter besides when it's really cheap you dare to give some away ore use it.

So to anyone who wants to cut off the supply, hashrate on the network and the supply will shrink.

[BanzaiBTC]

It seems people lost interest in Icash




I still think the supply needs a cut...

I think that with current supply and the low hashrate the price was to high, i have accumulated iCash from 100 sat all the way to the price now. But it's still cheaper to mine it and it's almost only one that mines and dump al the time. I'm waiting for him to finally managed to dump the price so low that he does not think it's worth anymore and stops.

The supply really doesn't matter besides when it's really cheap you dare to give some away ore use it.

So to anyone who wants to cut off the supply, hashrate on the network and the supply will shrink.

true true... I hope hes done now... Not much left for him to dump on right?   Maybe its a dashcoin fanatic, who doesnt like the idea of a more fair distribution model, on sort of the same code  

Btw, nice update on the wallet gui. Looking smooth

[cryptodev35]

It seems people lost interest in Icash




I still think the supply needs a cut...

I think that with current supply and the low hashrate the price was to high, i have accumulated iCash from 100 sat all the way to the price now. But it's still cheaper to mine it and it's almost only one that mines and dump al the time. I'm waiting for him to finally managed to dump the price so low that he does not think it's worth anymore and stops.

The supply really doesn't matter besides when it's really cheap you dare to give some away ore use it.

So to anyone who wants to cut off the supply, hashrate on the network and the supply will shrink.

true true... I hope hes done now... Not much left for him to dump on right?   Maybe its a dashcoin fanatic, who doesnt like the idea of a more fair distribution model, on sort of the same code  

Btw, nice update on the wallet gui. Looking smooth

Maybe or someone with a hashfarm or something.

And hopefully some people will like the arcade site  , the site will also have a lottery section. The downside is because we gonna use coinpayments as payment gateway and they don't support iCash right now, you won't be able to buy the iCash you use in the site with iCash. The upside is that because we pay in iCash it's gonna create a buy pressure from us  .

[donnyespo]

a good option might be just to fork without POW and POS only, would be a good catalist. maybe in conjunction with the arcade? At this price and 32m coins the market cap is 5-10 btc  

[cryptodev35]

a good option might be just to fork without POW and POS only, would be a good catalist. maybe in conjunction with the arcade? At this price and 32m coins the market cap is 5-10 btc  

No POS is no good ide and the Masternodes already works in some way as POS.

[cryptodev35]

Need some beta testers to our arcade site, I need testing the various functions of the page. Each tester gets 10,000 ICASH on the site to play and test the site with.

[donnyespo]

Need some beta testers to our arcade site, I need testing the various functions of the page. Each tester gets 10,000 ICASH on the site to play and test the site with.

Im in, let me know what I need to do to participate

[cryptodev35]

Need some beta testers to our arcade site, I need testing the various functions of the page. Each tester gets 10,000 ICASH on the site to play and test the site with.

Im in, let me know what I need to do to participate

Nice send me a pm your desired username and i'll create a user for you.

[BanzaiBTC]

a good option might be just to fork without POW and POS only, would be a good catalist. maybe in conjunction with the arcade? At this price and 32m coins the market cap is 5-10 btc  

No POS is no good ide and the Masternodes already works in some way as POS.

I agree, although my masternode wallet only has about 20k in it atm, and my main wallet with all my funds in it is doing nothing right now

Need some beta testers to our arcade site, I need testing the various functions of the page. Each tester gets 10,000 ICASH on the site to play and test the site with.

If you need more people. Sign me up  

[kryptologist]

This seems like quite a good coin with a tiny market cap, just bought some up. Can I help test?

[BanzaiBTC]

It is  Really small marketcap atm

And unlike crave, darksend is already working I think 

[donnyespo]

This seems like quite a good coin with a tiny market cap, just bought some up. Can I help test?

The arcade is a cool concept, I tried it out obviously is beta but is different...

Yea I dont get how this can be selling so cheap with only 32M coins mined currently masternodes working, dev around working on project..

[cryptodev35]

This seems like quite a good coin with a tiny market cap, just bought some up. Can I help test?

Nice you like it  . Help is more than welcome the site is www.icasharcade.com (better to have a open beta test, there everyone can register). Post your username in the forum on the site and I will send 10,000 iCash to you there.

It is   Really small marketcap atm

And unlike crave, darksend is already working I think  

Yes it's working but no one is mixing coins right now  .

[kryptologist]

This seems like quite a good coin with a tiny market cap, just bought some up. Can I help test?

Nice you like it  . Help is more than welcome the site is www.icasharcade.com (better to have a open beta test, there everyone can register). Post your username in the forum on the site and I will send 10,000 iCash to you there.

It is   Really small marketcap atm

And unlike crave, darksend is already working I think  

Yes it's working but no one is mixing coins right now  .

That great, just played some games and buying more

[donnyespo]

This seems like quite a good coin with a tiny market cap, just bought some up. Can I help test?

Nice you like it  . Help is more than welcome the site is www.icasharcade.com (better to have a open beta test, there everyone can register). Post your username in the forum on the site and I will send 10,000 iCash to you there.

It is   Really small marketcap atm

And unlike crave, darksend is already working I think  

Yes it's working but no one is mixing coins right now  .

That great, just played some games and buying more

Feel free to RT

https://twitter.com/bitcoin_dad/status/588022491332894721

EDIT : PROMO now closed

[kryptologist]

I just checked the code and the rewards look good. I can see there is a max reward of 2662 coins hard coded so I know we're good there. The only part I don't understand is how the reward calculation works and why were they set up that way?  I mean this is kinda crazy right:

int64_t GetBlockValue(int nBits, int nHeight, int64_t nFees)
{
   double dDiff = (double)0x0000ffff / (double)(nBits & 0x00ffffff);

    /* fixed bug caused diff to not be correctly calculated */
   if(nHeight > 3 || TestNet()) dDiff = ConvertBitsToDouble(nBits);

    int64_t nSubsidy = 0;
   // if(nHeight >= 5465) {
   //     if((nHeight >= 17000 && dDiff > 75) || nHeight >= 24000)
   { // GPU/ASIC difficulty calc
            // 222222222/(((x+2600)/9)^2)
            nSubsidy = (222222222.0 / (pow((dDiff+2600.0)/9.0,2.0)));
            if (nSubsidy > 2662) nSubsidy = 2662;
            if (nSubsidy < 1) nSubsidy = 1;
        } //else { // CPU mining calc
         //   nSubsidy = (11111.0 / (pow((dDiff+51.0)/6.0,2.0)));
        //   if (nSubsidy > 500) nSubsidy = 500;
           // if (nSubsidy < 25) nSubsidy = 25;
       // }
   // } else {
//        nSubsidy = (1111.0 / (pow((dDiff+1.0),2.0)));
//        if (nSubsidy > 500) nSubsidy = 500;
//        if (nSubsidy < 1) nSubsidy = 1;
//    }

    // LogPrintf("height %u diff %4.2f reward %i \n", nHeight, dDiff, nSubsidy);
    nSubsidy *= COIN;

    if(TestNet()){
        for(int i = 46200; i <= nHeight; i += 210240) nSubsidy -= nSubsidy/14;
    } else {
        // yearly decline of production by 7.1% per year, projected 21.3M coins max by year 2050.
         for(int i = 210240; i <= nHeight; i += 210240) nSubsidy -= nSubsidy/14;
    }

    return nSubsidy + nFees;
}


Again, code looks good nothing malicious (although I did not do a thorough check elsewhere in the code). I would just like a simple explanation of how that calculation works when you have time. I assume its something like if the diff is high there are either more or less rewards given? It seems right now the blocks are consistently close to the max. Thanks

[cryptodev35]

I just checked the code and the rewards look good. I can see there is a max reward of 2662 coins hard coded so I know we're good there. The only part I don't understand is how the reward calculation works and why were they set up that way?  I mean this is kinda crazy right:

int64_t GetBlockValue(int nBits, int nHeight, int64_t nFees)
{
   double dDiff = (double)0x0000ffff / (double)(nBits & 0x00ffffff);

    /* fixed bug caused diff to not be correctly calculated */
   if(nHeight > 3 || TestNet()) dDiff = ConvertBitsToDouble(nBits);

    int64_t nSubsidy = 0;
   // if(nHeight >= 5465) {
   //     if((nHeight >= 17000 && dDiff > 75) || nHeight >= 24000)
   { // GPU/ASIC difficulty calc
            // 222222222/(((x+2600)/9)^2)
            nSubsidy = (222222222.0 / (pow((dDiff+2600.0)/9.0,2.0)));
            if (nSubsidy > 2662) nSubsidy = 2662;
            if (nSubsidy < 1) nSubsidy = 1;
        } //else { // CPU mining calc
         //   nSubsidy = (11111.0 / (pow((dDiff+51.0)/6.0,2.0)));
        //   if (nSubsidy > 500) nSubsidy = 500;
           // if (nSubsidy < 25) nSubsidy = 25;
       // }
   // } else {
//        nSubsidy = (1111.0 / (pow((dDiff+1.0),2.0)));
//        if (nSubsidy > 500) nSubsidy = 500;
//        if (nSubsidy < 1) nSubsidy = 1;
//    }

    // LogPrintf("height %u diff %4.2f reward %i \n", nHeight, dDiff, nSubsidy);
    nSubsidy *= COIN;

    if(TestNet()){
        for(int i = 46200; i <= nHeight; i += 210240) nSubsidy -= nSubsidy/14;
    } else {
        // yearly decline of production by 7.1% per year, projected 21.3M coins max by year 2050.
         for(int i = 210240; i <= nHeight; i += 210240) nSubsidy -= nSubsidy/14;
    }

    return nSubsidy + nFees;
}


Again, code looks good nothing malicious (although I did not do a thorough check elsewhere in the code). I would just like a simple explanation of how that calculation works when you have time. I assume its something like if the diff is high there are either more or less rewards given? It seems right now the blocks are consistently close to the max. Thanks

The block reward are based on 222222222/(((diff+2600)/9)^2) where diff is from the previous block

If you look at block 13813 the diff is 12.84847464

Then you run 222222222/(((12,84847464+2600)/9)^2) and the result is 2636.59883177 so the next block reward should be 2636

And the block reward on 13814 is 2636.


Then if you look at block 7669 the diff was 480.96324752

222222222/(((480,96324752+2600)/9)^2) = 1896.26692151

So at block 7670 the reward was only 1896