Frequently Asked Questions

TMG is a native token on the Signum Blockchain with the following asset ID: 11955007191311588286 and it is controlled by the Picker Smart Contract 18339269626061634110 . The token support in Signum is native and it does not depend on smart contract after the block was forged.

The Picker contract will collect the deadlines from the miners for 1 hour. It will then mint one TMG token, pick the miner that sent the best deadline, and send the token to the account that created the contract responsible for the best deadline.

The process repeats while there are miners submitting deadlines.

Every 24 hours the Picker contract will check the balance and, if the accumulated amount is greater than 250 Signa, 98% will be distributed to TMG holders and the remaining will the distributed to SmartC NFT holders.

It looks like mining, but there is no block with transactions to be forged. It is a competition to get the best deadline every one hour. The winner takes one token.

No. By default the miner will start with the least mining intensity avaliable (0.32). But check the overall mining intensity, because the chance to win a token is proportional to these values.

Check How high is the chance to get one TMG token?

If your miner is mining with the least amount possible (0.32 Signa), most of the balance will be spent in the activation fees of the contracts.

This amount needed to run smart contracts is burned by default in Signum. If the mining intensity is bigger, the excess balance will build up in the Picker contract to be distributed every 24 hours.

Yes, you can get recover your miner current balance. If you changed your mind and want to stop playing, use My miner actions buttons and click on Stop.

The refund can take up to one hour, no new deadline is submitted and all miner balance will be returned. A manual alternative is use your wallet program to send at least 0.5 Signa to your contract with a text message stop as attachment.

It depends on your miner mining intensity and the overall mining intensity. If your miner contributed with .32 Signa and the block had the overall mining intensity of 32 signa.

This mean that the chance to win was 0.32/32 -> 0,01 or 1%.

1. Get the transaction ID from your miner to the picker and divide by two. This is the base deadline. Division is needed to avoid negative values internally.
2. Get the transaction amount (mining intensity) and divide by the minimum amount (0.32 Signa). This factor (always greater or equal one) is called mining factor.
3. The final deadline is the base deadline divided by the mining factor. So the greater the mining factor, lower the deadline. In this way, users can adjust the mining intensity to increase change to win a token
4. The id values are big, so in this page the log2 of this value is shown. In theory the worst deadline is 63 bits (integer 9223372036854775807) and the best is 0 bit (integer 1), lower is better. To decrease one bit of your deadline you must multiply by 2 the mining intensity.