Advertise with us (we do not endorse any site advertised)

Author Topic: [ANN] Ħ [HODL] Blockchain Pays You Interest. 0.43% Every Day  (Read 5505 times)

0 Members and 1 Guest are viewing this topic.

Offline John OgdenTopic starter

  • Legendary Member
  • *****
  • Joined: Apr 2014
  • Location: United States
  • Posts: 1748
  • Country: 00
  • Thanked: 2 times
  • Karma: +0/-0
    • View Profile
    • Vindyne Group

What is it?

HOdlcoin is just like Bitcoin, but it pays interest on every balance. This is to recognize the importance of HODLers and properly reward HODLing.

For Early Adopters

Very high interest rates (4000%+ APR) are paid in the first few months to attract early adopters to the project.

90 Second Video Explainer



Wallet

Win64 Setup: https://github.com/HOdlcoin/HOdlcoin/releases/download/v1.0.0/hodlcoin-1.0.0-win64-setup.exe
Win32 Setup: https://github.com/HOdlcoin/HOdlcoin/releases/download/v1.0.0/hodlcoin-1.0.0-win32-setup.exe
Linux 64: https://github.com/HOdlcoin/HOdlcoin/releases/download/v1.0.0/hodlcoin-1.0.0-linux64.tar.gz
Linux 32: https://github.com/HOdlcoin/HOdlcoin/releases/download/v1.0.0/hodlcoin-1.0.0-linux32.tar.gz
OSX DMG: https://github.com/HOdlcoin/HOdlcoin/releases/download/v1.0.0/hodlcoin-1.0.0-osx.dmg
OSX 64bit: https://github.com/HOdlcoin/HOdlcoin/releases/download/v1.0.0/hodlcoin-1.0.0-osx64.tar.gz
Win64 Full: https://github.com/HOdlcoin/HOdlcoin/releases/download/v1.0.0/hodlcoin-1.0.0-win64.zip
Win32 Full: https://github.com/HOdlcoin/HOdlcoin/releases/download/v1.0.0/hodlcoin-1.0.0-win32.zip
Release 1.0.0: https://github.com/HOdlcoin/HOdlcoin/releases/tag/v1.0.0
Source: https://github.com/HOdlcoin/HOdlcoin




Exchanges

https://yobit.net/en/trade/HODL/BTC (0.2% on trades, No interest paid on HODL deposits)
https://alcurex.org/index.php/crypto/market?pair=HODL_BTC (0.2% on trades, No interest paid on HODL deposits)
https://c-cex.com/?p=hodl-btc (0.2% on trades, No interest paid on HODL deposits)
https://www.gobiw.com/coin/index/id/28 (0.2% on trades, No interest paid on HODL deposits)

https://c-cex.com/?p=hodl-usd (0.2% on trades, No interest paid on HODL deposits)
https://c-cex.com/?p=hodl-ltc (0.2% on trades, No interest paid on HODL deposits)
https://c-cex.com/?p=hodl-doge (0.2% on trades, No interest paid on HODL deposits)

Pools

https://pool.hodlerama.com/
https://hodl.suprnova.cc/
https://hodl.maxminers.net/
https://hodl.blockquarry.com/

Block Explorers

http://www.fuzzbawls.pw/explore/HOdlcoin/index.php
http://hodl.presstab.pw
http://www.tekyexplorer.xyz/hodl/

Tools

Paper Wallet: http://hodlpaperwallets.tk/
Mining Calculator: http://samuelpj.github.io/hodl-mining-calc/
Current Interest Rate: http://hodlcoin.github.io/
Network Information: http://coinofview.com/coin/HOdlcoin.html
Market Information: http://coinmarketcap.com/currencies/hodlcoin/
Compare: https://www.cryptocompare.com/coins/hodl/overview/BTC
Supply API: http://hodlcoin.com/hodl/money_supply_api.php

Community:

https://www.reddit.com/r/HOdl/
http://slack.hodlcoin.com
https://bitcointalk.org/index.php?topic=1317918
https://www.facebook.com/groups/482768675256230/
QQ group #: 218602035

Specifications:

Ticker: HODL
Symbol: Ħ
Block Time: 154 seconds
Subsidy: 50 HODL subsidy per block
Halving: Every 4 years
Mining Supply:Total of 81,962,100 HODL will be mined
Interest Supply: Between 150,000,000 and 500,000,000 HODL will be paid in interest to HODLers
Fair launch: No Premine/Instamine/Ninja/100 initial 1 HODL blocks
Port: 1989
RPC Port: 11989
Testnet Port: 8989
Proof of Work: 1GB AES Pattern Search POW
Codebase: Bitcoin 0.11.2
Website: www.HOdlcoin.com (reserved, no content yet)

Proof of Work

1GB AES Pattern Search POW. Pattern Search involves filling up RAM with pseudo-random data, and then conducting a search for the start location of an AES encrypted data pattern in that data. Pattern Search is an evolution of the ProtoShares Momentum PoW, first used in MemoryCoin and later modified for use in CryptoNight(Monero,Bytecoin), Ethash(Ethereum).  CPU/GPU friendly.

Solo Mining Guide: https://bitcointalk.org/index.php?topic=1383479.0


Fixed in Nature

The POW Algorithm considered a technical detail and is subject to change to favor CPU and consumer grade hardware with the intention of keeping mining participatory and distributed.

ALL OTHER PARAMETERS ARE SET IN STONE. There will be no changes to mining subsidies, interest rates, distribution etc.

Interest

Current Interest Rates and Page - http://hodlcoin.github.io/

1. The Standard Interest Rate
Interest is paid on regular balances (outputs), on every block, for a period of up to 30 days (561x30 blocks). The rate is  0.0000002384185791015625% (1/2^22). It's compounded every block, so the rate is approximately 5% APR. However, remember there is a maximum of 30 days, so to get that APR, you'd need to log in each month and shuffle the HODL to a new address.

2. Bonus Interest Rates
To encourage early adoption, astronomical rates of interest are paid in the early months. The max rate is 0.0000152587890625 (1/2^16). Compounded, the rate is 2174%. It's reduced every block by a multiplier - calculated like this =((409530-X)/409530)^4 (X is the block where the balance is recorded as an output).
To calculate your bonus rate, you can use this formula.
Principal + (Standard Interest + (Bonus Interest * Bonus Multiplier))

Bonus rates
Day  0 ~ 2174%
Day 30 ~ 1881%
Day 60 ~ 1543%
Day 90 ~ 1317%
.
.
Day 660 ~ 0.230% APR
Day 690 ~ 0.029% APR
Day 730 ~ no bonus


3. Term Deposit Bonus
If you lock an amount of HODL as a term deposit, you can also get a bonus on the interest. The longer the deposit, the bigger bonus. The bonus is just a multiplier of the interest, so if you locked up 100 HODL for 1 year, you'd expect a return of 5 HODL. The term deposit bonus for 1 year is about 100% - so at the end of the term you'd have 110 HODL (Capital 100 + Interest 5 + Term Deposit Bonus 5). See the chart for the multipliers, or use this formula - =(1-((409530-X)/409530)^6)*100  (X is the number of blocks to lock for, min 2 days, max 1 year)

So to calculate your full bonus return on a term deposit . . . it's
Principal + ((Standard Interest + (Bonus Interest * Bonus Multiplier))*Term Deposit Multiplier)

Term deposit Rates
1 week term deposit ~ 5.6% bonus on interest
1 month term deposit ~ 22% bonus on interest
3 month term deposit ~ 55% bonus on interest
6 month term deposit ~ 82% bonus on interest
1 year term deposit ~ 98% bonus on interest


n.b. When a Term Deposit matures, it stops earning interest - you must move it to start earning interest again.
n.b. Bonus rates are paid on regular balances too
n.b. The bonus rate is locked at the time of the transaction, the rate you can achieve reduces over time due to the multiplier, but once you're earning that bonus rate, it doesn't reduce.

How To Make A Term Deposit:

Video guide:
Graphical guide: https://github.com/FreeTrade/HOdlcoin/blob/HODLCoin0.11.3/doc/README.md

1. Go to the Term Deposit tab. It looks like a little bank. (Download the latest version if you don't have a deposit tab)
2. Enter your own address, the amount of the term deposit, and the length you to deposit for.
3. Click HODL

A popup will appear telling you how much interest you can expect. Click OK if you want to continue. Another popup will ask your if you're sure, click OK again, and your term deposit instruction will be sent.

Remember, once you HODL, those funds are LOCKED until the maturation date. That's the price you pay for the very good interest bonus.

Spreadsheets:

Bonus Rate Calculation Table
https://docs.google.com/spreadsheets/d/1QcgoQcXF68oodxIGkYdI9NA2DhOLVtus3JTAOCvvoQM/edit?usp=sharing

Term Deposit Multiplier Table
https://docs.google.com/spreadsheets/d/1z8pP4w43jPnF3eYQSd-qQI2Mj-jCw1ZOfITtf0xO9x8/edit?usp=sharing

Overall Interest Return Calculator
https://docs.google.com/spreadsheets/d/1rUUyrexw6nS9xrFboI4aW1WPENZC_QidAbW7Rb2SpwA/edit?usp=sharing

Term Deposit Interest Rate Table
https://docs.google.com/spreadsheets/d/1eCHZ3pQil_mlHDcrtewXNQpDg6WJCjj27VmLP4kPNg0/edit?usp=sharing


Languages
Chinese: https://bitcointalk.org/index.php?topic=1386432
Spanish: https://bitcointalk.org/index.php?topic=1373683
Indonesian: https://bitcointalk.org/index.php?topic=1371827
Hindi: https://bitcointalk.org/index.php?topic=1498357

Press
http://alt.report/altcoins/item/331-hodl-h-imagine-if-your-swiss-bitcoin-account-had-compounding-interest
http://cryptomining-blog.com/7740-have-some-spare-cpu-power-mine-hodlcoin-with-it/
http://cryptomining-blog.com/7692-new-faster-hodlcoin-cpu-miner-is-now-available/
http://cryptomining-blog.com/7671-second-mining-pool-for-hodlcoin-now-available/
http://cryptomining-blog.com/7561-hodlcoin-hodl-altcoin-with-cpu-only-mining-high-interest-on-balance-and-deposits/
https://altcoinspekulant.wordpress.com/2016/02/08/mining-spass-mit-hodlcoin-hodl/ (German)

Bounties
Contribute towards Hosting Fuzzbawl's ultimate Block Explorer (Address managed by SamSmith - 1BountyAyfaj2LRD2VhTY5iyfgjg79nmSx)
https://blockchain.info/address/1BountyAyfaj2LRD2VhTY5iyfgjg79nmSx

Contribute toward Wolf's GBT CPU miner - total bounty of 1.25 BTC needed
https://bitcointalk.org/index.php?topic=1427633


FAQ:

Q: What is the official animal of HOdlcoin?
The squirrel is the official animal of HOdlcoin. The squirrel is the animal kingdom's natural HOdler.

Q: What is the official song of HOdlcoin?
"HODL California" is the official song of HOdlcoin. You can check-out any time you like, but you can never leave.

Q: How do I correctly capitalize HOdlcoin?
HOdlcoin.

Q: How do I correctly say HODL?
HODL. It rhymes with Yodel. Yodeling is also the official musical style of HOdlcoin.

Q: What is the smallest unit of HODL?
The nut. There are 100,000,000 nuts in one HODL.

Q: Why do you HODL?
because we suck at trading and we know we suck at trading
if you can pit pat piffy wing wong wang make a milino bucks no problem bro then you don't need to hodl

About Me:

My name is FreeTrade and I've previously created experimental coins MemoryCoin, ProtoShares, LottoShares. I have technical chops and wide experience with crypto. If you'd like to get involved, drop me a line.
vindynegroup.com


 

[PRE-ANN] deCLOUDs - The Precious Metals-Backed Crypto-Platform on BlockChain

Started by John Ogden

Replies: 17
Views: 12763
Last post September 04, 2016, 06:25:09 PM
by John Ogden
[ANN][ICO] ChronoBank: Blockchain revolution in the recruitment industry

Started by John Ogden

Replies: 22
Views: 18186
Last post February 20, 2017, 11:05:47 PM
by John Ogden
[ANN] Introduction to the aeternity blockchain project

Started by support@aeternity.com

Replies: 39
Views: 6363
Last post July 23, 2017, 01:34:07 AM
by John Ogden
[ANN] EncryptoTel: Secure VoIP and B2B blockchain communications infrastructure

Started by John Ogden

Replies: 53
Views: 9020
Last post May 15, 2018, 01:07:46 PM
by Cryptotep
[ANN] ⚤ sexservice.io SEXS — Blockchain-based sex dating service

Started by ssio

Replies: 5
Views: 1053
Last post August 09, 2017, 03:12:53 PM
by ssio

your ads here