Actually, if you look at his history rather than his mouth, so did Phinneas Taylor Barnum. But he did believe that parting suckers from their money was a moral obligation, and thus, fair. But his method was to tell them up front they were being suckered and see if they still bit. Scamming behind the scenes isn't fair play.

They were bloody awful when they first launched. Glad to see they got it together, because despite my bad experience, they seemed decent people. And to be fair, they DID fix my problems.

Devs and I are running wallets on a separate test chain to see if the new code resolves the issue. We should know shortly. As soon as it's known to work, it is my assumption that Thundertoe will announce a date or block height where the fork is to take place and release the new wallet.

In windows, put it in the user\username\appdata\roaming\shacoin folder. In linux, home/username/.shacoin

Make sure that it, your shacoin.conf file, and wallet.dat are the only files or directories in there. Then start the wallet. It'll automatically sync to that file and create the others.

Another trick that sometimes speeds things up is to not put wallet.dat in there, but rather have it backed up until the wallet is fully synced with a new wallet file. Then delete the newly formed wallet.dat and put your original in, restart the wallet and it should all be good.

At this time, I don't have enough time. I am against the wall with my job and with my life. I'm not a programmer, so I'd be bashing it together. But if nobody beats me to it, I'll give it a shot down the road a bit I appreciate the offer!

Don't let the door hit you on the ass.

It varies by coin, but in the case of Sync, I would recommend one large block via coin control, and leave it open. Sync has a very short maturity period, and the POS minting is going down by half every thirty days until it reaches 1%. Right now you want as big a shot at that minting as you can get. I'm recombining every time I stake. The few minutes I lose vs. The increased shot at staking early in the maturity phase is worth it with a six hour maturity.

Coins with a longer period, I pursue a different strategy, and when Sync gets down to 1% I'll probably be doing it with Sync as well. Break your blocks over the period of a week so that you are getting some stakes every day.

PoS coins have become my main focus, so I'm studying how they work with several coins, and there really is no "best" strategy for all. Each has a different character, even with similar specifications. I'm planning on writing up a pretty comprehensive coin control guide, but I'm still seeing how it plays out between several coins before I commit that to the internet.

This.
I've been on this thread since about a month after they launched, and a customer since March. I've spoken privately with them, and I've read everything they posted. At one time they DID have the Eligius address they mined at, and got trouble at home. They were a small operation. What they DID say is that they had moved the majority of their mining to another country. Iceland was NOT specified, though it'd be a good bet.

Ponzis collapse far faster than this. They might be investing in something other than mining and paying out (possibly), but it's not likely. The business model that I had speculated on previously still makes the most sense, and while they didn't confirm it, they did say I was on the right track. For those that don't want to go back through the thread, I'll put a short version of it here, again.

What I believe they have done, right from the outset, is sell approximately HALF the hashpower they had available. They then use that to buy more equipment, and again, sell HALF. This covers them for the long term, as they will always be building twice as much as they are selling. It capitalizes the growth of their farm, guarantees their profit in BTC and allows them to cover truly massive difficulty leaps until it stabilizes. It's a good model.

Again, I do NOT know this to be their actual operation, but it's the way I would do it. My only beef, is that at this point they have grown large enough that they could drop some of the veil of secrecy and show actual mining addresses if they chose without major repercussion. They could easily establish enough corporate veil to keep the curiousity seekers and the criminals on the other side of the gate at this point. I wish they would do so, if for nothing else to end this constant discussion of ponzi schemes.

I know some of the Cryptsy people, I sent them a link to your issue. Don't know if they're online at the moment, but they'll look at it.

Simple fix that MIGHT work: Delete peers.dat
If you have a bad node in there, it will go away and stop causing trouble.

Exactly. As I said, this rule is arbitrary and capricious. Granted, this is a privately held forum, but if it were subject to any sort of common law test, this rule would be found by any court, even the Kangaroo courts in the United States, as overbroad and deliberately operating in restraint of commerce. In short, under any theory of common law that I've ever heard of, this is ridiculous.

Not certain, but if it's the same as before, Unick set it up. If this is a new one, then all bets are off

I didn't chime in because life has handed me a box of shit (again) and I have multiple emergencies to deal with in addition to a full work schedule. I am quite interested, but unable to do a damn thing about it for at least a couple of weeks.

I can't give you a timeline, however I can answer the coin weight It will remain as it is. That's part of what's taking a while is trying to make sure the coin weight remains without a reset, but that the staking mechanism gets unstuck. Making it not stick in the future (at least in this manner) has been addressed. Getting it unstuck without harming anyone's stake is being tested. What I don't know is how far that's gone.

I never questioned your commitment, and I still don't. For your information, Raskul is a personal friend, and I disagree with his assesment of the coin. But the tone from some of you toward ANY question has been very... elitist. You come out on the attack. In the beginning, frankly, I did not think this would go anywhere. I was wrong, and admitted it publicly some time back.

What I am not wrong about, and you are hardly the first I've called on it, is people jumping newbies. It's considered proper sport on this forum, and it's just plain wrong. You started somewhere. As did everyone. Yeah, itgets annoying when YOU have heard the same question ten thousand times. But in your position as a member of the team backing this coin, you have a DUTY to keep calm and deal with it. When I was managing restaraunts, I swear I heard the same three idiot complaints and two idiot scams at least a hundred times a day. If I let my irritation show, I was WRONG. There was a management seminar back then that I attended which was titled "The customer isn't always right, but the customer always wins". It was only about thirty minutes, and past the title and some specific examples, not that great. But it was true. The customer, or potential investor, is frequently wrong. Often willfully ignorant, and even more often, willfully stupid. But you CANNOT react on their level or they will take their inestimable custom elswhere.

That was my point. Not your character, nor your dedication. Frankly, most of the time I fully understand your snide comments, and in a different circumstance, would support them. But you, along with LTCAGT, Youngg, MsCollec, and Nite69, ARE the face of the coin. It should not be an angry face.

EDIT: haveing read further, it appears that I am wrong about your position in the coins development team. Sorry for the misunderstanding.

You know, it fails. I mean think about it.

One of them is a carefully organized instrument designed to subvert and displace various well established controls on society and destabilize world markets in favor of it's advanced methodology. It was conceived by a genius.

The other is the CIA.

I was away for a bit, and missed all this. Sorry you got mixed up. I am not the dev, nor affiliated with them, but I've been involved with Sync since launch. I don't have a great deal, but I do have a long history with the coin, and I had troubles early on. I believe there WAS a v. 1.1, but it was experimental and not the final release. I am on 1.03 under linux, compiled directly fromt he github master branch. It don't give me any trouble. Orphans are a normal and expected behaviour in these types of coins. If you get a few, even a few in a row, it's not a big deal AS LONG AS you get valid stakes on both sides of the orphans. I helped a gentelman a few days ago who had gotten on the wrong chain, however, so check your wallet against the block explorer. (Note, this s the only case I am aware of where the correct wallet had gotten on a bad chain, and I have assisted several people with wallet issues) With that one exception, the problems have all been configuration issues. Not even necessarily mistakes, some people had bad nodes causing problems. This too is fairly normal shortly after a hard fork. Overall, the wallet works better than most staking coins. It's kind of my thing, I hold several and can compare directly. Sync is not the best one for functionality, but I would put it third overall, behind HyperStake and HoboNickels. No comparison of the coins themselves is intended by this, I'm only speaking of features and functionality in he wallets.

As for people getting bent out of shape in this thread, I'm looking at YOU Sovie, it needs to stop. Potential investors look here, and the hostility to newbies and amateurs does not do good things for the coin. It's got a lot going for it, and some of you who are being hostile are heavily invested and involved in the foundation. You have much to learn about Customer Service. If it is some random forum member spewing hate and vitriol, that's not a big deal. But if it's somebody involved in the foundation and semi authoritative, YOU NEED TO CHILL!!!! It's your money on the line, and mine. Don't let your temper outrun your brain. The guy giving you this advice has a murderous, hot, and difficult to control temper. I speak truth, and do not intend insult. The advice is free for you, and came at a high and hard won price for me.

Bitch! Whine! Moan! Complain!


Feel better now?

Sorry, I had to. My only gripe is that my miner puked and I haven't been able to fix it. Eligius has always been good to me, warts and all.

Not sure I can do much right away, but yes, I would definitely trade there.

Pump and dumps are like the lottery. Somebody wins, but most lose. Especially traders. Mining is a bit different, you can usually turn a quick profit mining a launch. But as far as medium to long term investments? Well you can take some chances of course, but you're not playing the lottery.

I once heard the lottery defined as investment for the mathematically challenged. I think the principle applies

EDIT: typos