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TOPIC: [XRA] RateCoin | Unique Reward PoS | Hard Fork July 23

[XRA] RateCoin | Unique Reward PoS | Hard Fork July 23 7 years 3 weeks ago #102

  • tekyboy
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The original XRA "dev" locked the thread and disappeared after it was discovered that there was an error in the code causing PoS rate to be 30% instead of 3% annual, and after it was added to Bittrex. I am posting this thread to continue the RateCoin discussion here on bitcointalk. I am not looking to be the "dev" of ratecoin, but am willing to help out.

Specifications
No ipo, No premine, No ninja
Ticker: XRA
Coin Type: 100% PoS (with PoW launch)
Block Header Algo: X11
Last PoW Block: 20,000
Stake Rate: Variable depending on age (see below)
Block time: 30 seconds - 3 minutes after the fork
Coinbase maturity: 50 blocks
PoS Minimum Age: 4 hours

Ports:
RPC Port: 35850
P2P Port: 35851

RATECoin.conf
server=1
daemon=1
listen=1
maxconnections=1024
rpcuser=user
rpcpassword=pass
rpcport=35850
addnode=104.238.137.2
addnode=185.92.222.152

Source
https://github.com/presstab/ratecoin

Wallets
Windows (compiled by presstab) - https://github.com/presstab/ratecoin/releases/tag/v2.0.0.0

Explorers
xra.presstab.pw
xra.altexplorers.info

Exchanges
https://www.yobit.net/en/trade/XRA/BTC
https://bittrex.com/Market/Index?MarketName=BTC-XRA

Social
IRC: http://webchat.freenode.net/?channels=#ratecoin
Twitter: https://twitter.com/Rate_coin

HARD FORK SCHEDULED
static const unsigned int FORK_TIME = 1437613200; // Thu, 23 Jul 2015 01:00:00 GMT

Fork Change Log
- Hard Fork Scheduled for July 23rd 01:00 UTC
- Time Drift max @ 90 seconds
- Bump protocol version and reject outdated clients after fork
- Change target spacing to 3 minutes
- Change PoS rewards
- Max stake age to 256 days (after this stake weight will remain constant)

New reward scheme is designed to give higher reward % if you take longer to stake your output. If you stake in less than 1 day, you will get a 0.25% rate. If you stake in over 1 day less than 2 day you will receive 1%. For every doubling of days after that, you will receive 1.5 times more rate, up to 256 days for a reward of 25.6289%. There is also an added minimum reward of 100 coins. If you would like to save some of your coins for a certain amount of time, simply go to coin control and right click on the coin and select "lock" and it will prevent it from staking.
	if(nAge > nTimeDay * 256) 
		nRewardCoinYear = 25.6289 * CENT;
	else if(nAge > nTimeDay * 128)
		nRewardCoinYear = 17.0859 * CENT;
	else if(nAge > nTimeDay * 64)
		nRewardCoinYear = 11.3906 * CENT;
	else if(nAge > nTimeDay * 32)
		nRewardCoinYear = 7.5938 * CENT;
	else if(nAge > nTimeDay * 16)
		nRewardCoinYear = 5.0625 * CENT;
	else if(nAge > nTimeDay * 8)
		nRewardCoinYear = 3.375 * CENT;
	else if(nAge > nTimeDay * 4)
		nRewardCoinYear = 2.25 * CENT;
	else if(nAge > nTimeDay * 2)
		nRewardCoinYear = 1.5 * CENT;
	else if(nAge > nTimeDay * 1)
		nRewardCoinYear = 1 * CENT;
	else
		nRewardCoinYear = 0.25 * CENT;
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[XRA] RateCoin | Unique Reward PoS | Hard Fork July 23 6 years 11 months ago #143

  • tekyboy
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New Wallet v2.0.0.3 is out!!
A new build with some cool new styles and features, but not a mandatory update.

Changelog
- Expand check and repair wallet to delete orphans
- Add repair wallet to GUI
- Add hot swappable themes
- add stakesplitthreshold
- add debug shortcut to overview page
- update unlock for mint and relocking logic
- add transaction filter
- remove old IRC code

To install the themes you will need to have the wallet turned off, download the themes.zip from the release page, unzip the themes folder to the same directory that holds your .exe . You can switch themes on the fly, and you can even edit themes on the fly too! Have fun Smiley

https://github.com/presstab/ratecoin/releases/tag/v2.0.0.3
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