Bitcoin Forum
October 18, 2018, 02:36:24 AM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: [ANN][NO-ICO] 0xCATE - PROOF OF WORK ERC20 TOKEN - Refund your gas with CATES !  (Read 693 times)
coincript
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
May 12, 2018, 04:14:46 PM
 #21

Thank you for the answers.

So I only get tokens if I mine more then 5 M?
1539830184
Hero Member
*
Offline Offline

Posts: 1539830184

View Profile Personal Message (Offline)

Ignore
1539830184
Reply with quote  #2

1539830184
Report to moderator
1539830184
Hero Member
*
Offline Offline

Posts: 1539830184

View Profile Personal Message (Offline)

Ignore
1539830184
Reply with quote  #2

1539830184
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1539830184
Hero Member
*
Offline Offline

Posts: 1539830184

View Profile Personal Message (Offline)

Ignore
1539830184
Reply with quote  #2

1539830184
Report to moderator
1539830184
Hero Member
*
Offline Offline

Posts: 1539830184

View Profile Personal Message (Offline)

Ignore
1539830184
Reply with quote  #2

1539830184
Report to moderator
1539830184
Hero Member
*
Offline Offline

Posts: 1539830184

View Profile Personal Message (Offline)

Ignore
1539830184
Reply with quote  #2

1539830184
Report to moderator
SirMoistVonLipwig
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
May 12, 2018, 09:11:14 PM
 #22

Hi coincript,

For the moment yes but we are going to lower the payouts with the time.
You can ome to discord : https://discord.gg/XBRaEcW or telgram https://t.me/joinchat/G0Ya5ErA1rGcFaDFbtcBJA if you have any question

chris718
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
May 15, 2018, 02:57:22 AM
 #23

I m in.but...the price...  Grin Grin Grin
aff247
Newbie
*
Offline Offline

Activity: 19
Merit: 0


View Profile
May 15, 2018, 07:56:45 AM
 #24

Time to buy....  Cheesy Grin
croTek4
Sr. Member
****
Offline Offline

Activity: 394
Merit: 250


the Cat-a-clysm.


View Profile
May 15, 2018, 09:46:48 AM
 #25

Time to buy....  Cheesy Grin
I m in.but...the price...  Grin Grin Grin

Price is just a number, since we're still unknown for most of the Cryptocurrency community, I guess it's normal to have a very low price. More for the early birds ! Except it's all without any kind of ICO. We don't need a multi-million dollar funding to launch our token, it's already working like a charm by itself Wink

We've been listed on Enclaves.io ! https://www.enclaves.io/trade/0xCATE

Catether is an open source mineable ERC20 Token, powered by Cates.
kafkaibnu
Newbie
*
Offline Offline

Activity: 78
Merit: 0


View Profile
May 15, 2018, 10:27:07 AM
 #26

0xCA7E

*heavy breathing*

Catether is an open source mineable ERC20 Token, powered by Cates.


JOIN OUR MINING POOL : https://www.catether.org:3000

    AMD GPU Miner software  [Windows]    :https://github.com/mining-visualizer/MVis-tokenminer/releases
 NVIDIA GPU Miner software  [Linux]     :https://mike.rs/0xbitcoin-linux-2018-04-04.zip                        

Why Catether ?

Catether introduces a new mechanic: "Proof of Use". Short version: transfers fees are covered with newly created CATEs.
Long version : Each time you make a transfer, or use the "transferFrom" delegated transfer function, it will mint 1 CATE to the address from which the transaction comes from.
Since it always costs around the same gas price (but not the same GWei price), depending on the gas price of your transaction... It either costs, or gives you money.
In practice, one Cate will always be pegged to, or under the median gas price of the Ethereum network, multiplied by 42000 (that's the gas cost of sending CATEs).
The Ethereum miners are basically selling CATEs, now.

"A Cat-aclysm on the Ethereum network" - New York Times

Also, you can use that feature to make micro-transactions at every transfer you make. A great way to create some savings without thinking about it, or,
donate to the Research against Cancer each time you buy a coffee... possibilities are endless.

One of my next project will be to create a game that takes advantage of that token, to make the first viable (cash-wise) game on the Ethereum platform.
A free-to-play game, not a " 'free'-to-play-if-you're-already-holding-10000-ETH-because-who-gives-a-f*ck-about-0.00005ETH-at-that-point-eh" game.
Free as in really free. (Take that, Cryptokitties)

No ICO.

"Don't fucking move" - the SEC Board

There will be no ICO whatsoever, just mining. You come, you mine it, you get tokens. Or, you make empty transactions to yourself, and buy your tokens to a 42000gas/Cate price.
Fun fact: anyone can buy tokens this way... transaction "Mining", may I say. Anyway, it's the first kind of mining experience that will never, ever, require you to have costly hardware.
Broadcast transactions to the Ethereum network, get your reward. You don't even need CATEs to start with, you can just send a transaction of 0 CATE, it works.
It's fucking weird, but really, it's harmless. When you think about this, it still costs gas to do so, so, there are no real "free" money, just a very funny way to distribute new tokens.

The more people use the contract, the more stable that transaction economy will be. At one point, it will really cover a significant portion of your transfer fees at any time.

"Purrfect." - Vitalik Buterin

Block rewards
We like Dogecoin. After all, between memes, we understand each other. But halving is kinda harsh for a mining community, so, it will be slightly better.
Let's take a look at the source code :

Code:
//There's no limit to the coin supply
    //reward follows more or less the same emmission rate as Dogecoins'. 5 minutes per block / 105120 block in one year (roughly)
    function getMiningReward() public constant returns (uint) {
        bytes32 digest = solutionForChallenge[challengeNumber];
        if(epochCount > 160000) return (50000   * 10**uint(decimals) );                                   //  14.4 M/day / ~ 1.0B Tokens in 20'000 blocks (coin supply @100'000th block ~ 150 Billions)
        if(epochCount > 140000) return (75000   * 10**uint(decimals) );                                   //  21.6 M/day / ~ 1.5B Tokens in 20'000 blocks (coin supply @100'000th block ~ 149 Billions)
        if(epochCount > 120000) return (125000  * 10**uint(decimals) );                                  //  36.0 M/day / ~ 2.5B Tokens in 20'000 blocks (coin supply @100'000th block ~ 146 Billions)
        if(epochCount > 100000) return (250000  * 10**uint(decimals) );                                  //  72.0 M/day / ~ 5.0B Tokens in 20'000 blocks (coin supply @100'000th block ~ 141 Billions) (~ 1 year elapsed)
        if(epochCount > 80000) return  (500000  * 10**uint(decimals) );                                   // 144.0 M/day / ~10.0B Tokens in 20'000 blocks (coin supply @ 80'000th block ~ 131 Billions)
        if(epochCount > 60000) return  (1000000 * 10**uint(decimals) );                                  // 288.0 M/day / ~20.0B Tokens in 20'000 blocks (coin supply @ 60'000th block ~ 111 Billions)
        if(epochCount > 40000) return  ((uint256(keccak256(digest)) % 2500000) * 10**uint(decimals) );   // 360.0 M/day / ~25.0B Tokens in 20'000 blocks (coin supply @ 40'000th block ~  86 Billions)
        if(epochCount > 20000) return  ((uint256(keccak256(digest)) % 3500000) * 10**uint(decimals) );   // 504.0 M/day / ~35.0B Tokens in 20'000 blocks (coin supply @ 20'000th block ~  51 Billions)
                               return  ((uint256(keccak256(digest)) % 5000000) * 10**uint(decimals) );                         // 720.0 M/day / ~50.0B Tokens in 20'000 blocks
    }

So, Here's how it goes :
Block Time: 5 minutes
Supply cap: None. (150 Billion tokens after 18 Months)
Era time: 20 000 blocks (around 69 days. sexy)
Number of Eras : 9 (a Cate haz 9 liefs)
Rewards : Completely random until block 60'000th, fixed thereafter.

Era 1: Between 0 and 4 999 999 CATEs/block (720.0M /day)
Era 2: Between 0 and 3 499 999 CATEs/block (504.0M /day)
Era 3: Between 0 and 2 499 999 CATEs/block (360.0M /day)
Era 4: 1 000 000 CATEs/block (288.0M /day)
Era 5: 500 000 CATEs/block (144.0M /day)
Era 6: 250 000 CATEs/block (72.0M /day)
Era 7: 125 000 CATEs/block (36.0M /day)
Era 8: 75 000 CATEs/block (21.6M /day)
Era 9 and above: 50 000 CATEs/block (14.4M /day , 5.25B/year)

There is a pre-mine of 1 337 Million Cates.

As we don't do an ICO, but Catether Foundation needs funds to make its project work on the long-term, we need investments.
Running a mining pool costs Ethers and $, as there's need for servers and gas to make the Mint transactions. So, yeah, we will premine what would be
less than 1% of the total supply of the token in 1year.
We will use theses tokens to cover the expanses of running a pool for everyone to mine for free (solo-mining costs gas, on the Ethereum platform),
Make Grand Prizes, tournaments, bounties... Do things that any community would want to see. All the other Tokens have theses mechanics in place, why not us ?
We want people who use Cates to know this token won't be manipulated by shady investors that controls most of the coin's supply. Here, Mining rewards defines everything. We have a precise goal: make transactions free.

"One more token like this and I'm on the dole." - John Mc Affee


Really excited with this project, I expect you build mining software for Mac OS.
JohanDi
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
May 16, 2018, 03:29:02 AM
 #27

Been mining for a few days now with 2 machines.

I had ~1.5M tokens on one account and ~0.8M on the other, but now that the pool website/software was updated I've lost both my balances Sad

Update: All sorted out. Thanks SirMoistVonLipwig!
diordna2
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
May 16, 2018, 04:17:53 AM
 #28

I have been busy mining this token since the beginning because it was so promising in it's vision. I invite all to have a look and mine at the pool or solo if you got the hashpower. Let's Go 0xCATE
mikespax
Full Member
***
Offline Offline

Activity: 350
Merit: 100


View Profile
May 17, 2018, 02:55:49 AM
 #29

you can mine about one block per day with a 1080ti (1GH), maybe more with the difficulty dropping now as it is.

Bitrated user: mikespax.
SirMoistVonLipwig
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
June 06, 2018, 11:45:30 PM
 #30

We know have a new website and a online webchat :cate: https://catether.org/#chat

Come to chat with us ! The actual diff is soo low .. best time to mine !

The start was difficult but we are on the road now and we will not give up!
basscleff1
Newbie
*
Offline Offline

Activity: 21
Merit: 0


View Profile
August 15, 2018, 11:51:58 PM
 #31

is the pool working?
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!