Hi All.
Thought i would take today's post to describe a new coin hitting the scene. A Revolutionary, privacy oriented crypto-coin featuring the new SkunkHash Raptor algorithm.
This coin has No premine. No ICO. No Dev Fee. Very good anonymity from using the tor network for its block-chain
The proof of work phase will last for the first 100,000 blocks after this it will switch to a 5% Yearly Proof Of Stake.
And has the following milestone blocks;
0 - 30,000 blocks - reward 2,500 with 75,000,000 coins mined
30,001 - 60,000 - blocks reward halves to 1,250 with 37,498,750 coins mined during these blocks
60,001 - 100,000 blocks - reward halves again to 625 with 24,999,375 coins mined during these blocks
This will leave 137,498,125 SIGT at the end of 100,000 blocks mined, which is very low and makes this an inflationary coin due to the low supply.
From this we can expect a rough increase in coins in circulation of 2%.
This is because not every single wallet will be staking all the time.
So its unrealistic to go off a 5% yearly increase in coin circulation.
This means after the first year of staking another 2,749,962.5 coins will be added to the coins in circulation.
Now if you take into consideration other coins with ridiculously high coin counts. You'll quickly see where this coins going to go.
join the official discord below
https://discord.io/signatum
Signatum Home Page:
http://signatum.io
Whitepaper: http://signatum.io/signatum_whitepaper.pdf
Regards
Lex
Donation Addesss's
SIGT: BGkbJTcc9pvrLhrLix8woQP6yzje3oTg7j
BURST: BURST-ZPPL-BV2U-VVZN-8DJX7
Bitcoin: 1LvfrJkkjTVADpL3bUGsMk3PsM35tQ3NFU
Do you recommend investing in this coin? :)
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yeah i would recommend. it ticks all the box's. fairly launched. anon crypto with a small coin circulation.
I'm thinking it could easily hit 10 -20k satoshi. considering other coins out there with 1 billion coins + in circulation sit at around 200-400 satoshi.
I've already invested 1.24 bitcoin into it
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Woah, nice! I'm going to learn a little more about this coin and then decide, thanks for the tip!
Can you tell me what is happening with Burst? I used Lexitosh pool when mining but now none of the pools work..?
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Beep beep. Hi @lexicon! I am @tipU bot and I thanks to me you can easily tip steemit users with "tip!" command. I also share my profits with the users ;)
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The pools have been running for many days now and the chain is stable. All of the ninja pools are up and running and the H pools are running minimal since he is moving to a new datacenter. It was a ride for sure but things are pretty good for Burst at the moment.
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Can you recommend some pool to me? I use only 1TB but it's something :)
I tried couple of pools and none of them work.. I'm still a cryptonewbie so please explain things to me as if I was a monkey :D
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Why invest in this coin? What will it be used for?
I'm mining a few of them just to see what is going on, but I'm not putting any money into it until I can see a potential use case that carves out a niche for itself.
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