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161  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin[PND] The only POS coin with 3 mths POW mining phase| Multipool| No premine or IPO on: May 26, 2014, 06:29:58 PM
The Daily Panda


Pandacoin (PND) Proof of Stake FAQ released!

A highly requested document from the community, the Pandacoin (PND) development team have compiled a FAQ addressing many of the commonly asked questions in regards to PoS.

Check it out if you would like to know more about how PoS and staking works:

http://thepandacoin.org/doc/pos_faq.pdf

Can I still mine Pandacoin (PND) directly with my mining rig?

With Pandacoin (PND) as a pure PoS coin, you would not be able to mine it directly. Instead, you will mine other alternative crypto-currencies and exchange them for Pandacoin (PND) through our ever growing mhs multipool. This way, you will be able to still mine Pandacoin (PND) from the multipool, and help increase the value of Pandacoin (PND) at the same time.
 
With Pandacoin (PND) as a pure PoS coin, you would not be able to mine it directly. Instead, you will mine other alternative crypto-currencies and exchange them for Pandacoin (PND) through our ever growing mhs multipool. This way, you will be able to still mine Pandacoin (PND) from the multipool, and help increase the value of Pandacoin (PND) at the same time.
 
Website: http://multi.pandapool.info
 
Twitter: https://twitter.com/pndpool
Subreddit: http://reddit.com/r/multipanda
Bitcointalk thread: https://bitcointalk.org/index.php?topic=552464.0
Email: admin at pandapool dot info
 
How does the Pandacoin (PND) multipool work?
 
The Pandacoin (PND) multipool automatically switches between coins to mine based on difficulty and price variations in order to be as profitable as possible for the miners. For payout, the multipool computes the proportional share of each miner over rounds that last four hours. Once a round is complete, and after the mined blocks become mature, the multipool exchanges all coins for Pandacoin (PND). Please note that due to the time required for block maturation, deposits and withdrawals on exchanges, payouts for a round are processed one hour after the end of the next one. The multipool also apply a fee of 1.25%, in addition to the exchange and transactions fees required by the operation

Wallet version 2.0.2 is now available. Mandatory wallet update!

Wallet version 2.0.2 is a mandatory update which corrects the issues that you have experienced during the PoS switch-over. It is now available on https://github.com/pandacoin-official/pandacoin, http://thepandacoin.org and as binary.

A few things to consider before updating:

1. You NEED to back up your wallet.dat. The software will automatically do a copy but it's better to be sure.
2. The wallet will take around 10 minutes reindexing so please be patient.
3. The wallet might crash and give an error after importing (Windows 7 has been tested successfully). This is okay - just start the wallet again and you should be good to go.

The wallet is available to download under the following links:
win32 standalone|win32 setup|mac|linux|src

Pandacoin (PND) has successfully transitioned to 100% PoS from 100% PoW!

Pandacoin (PND) had begun their PoW phase since Feb 16, 2014 and has been mined for 95 days. Pandacoin (PND) is now one of the rare PoS coins with such a long PoW phase, a duration of more than 3 months, to distribute the coins fairly out towards the community.

Current PoS Difficulty: PoS Difficulty: 759.10599129

What is PoS Difficulty and why does it matter? - PoS difficulty is an indicator of how many wallets are open with many unspent transactions sitting in them. Generally, the higher the PoS difficulty, the better as it represents the amount of wallets that are open, and how secure our network is!

To find out more about PoS and how staking works, please check out our FAQ here - http://thepandacoin.org/doc/pos_faq.pdf

Join us!

We have implemented a Pandacoin (PND) IRC Lotto Faucet system, where you can type the following commands on our irc channel every 24 hours for a chance to win up to 10 million Pandacoins (PND): !lotto !panda or !gimme

It works by a lotto system, where you get one try every 24 hours:

Normal payouts = 300-500 PND
1/10 chance = 1,000 PND
1/100 chance = 10,000 PND
1/1,000 chance = 100,000 PND
1/10,000 chance = 1 million PND
1/100,000 chance = 10 million PND

So join us on #PandacoinPND on freenode.net to try out the Lotto-Faucet commands !lotto !panda !gimme, have a chance of winning up to 10 million Pandacoins (PND) every 24 hours and chat with the fellow Pandas and the dev team!

For the latest news and updates regarding our coin, check out our social media accounts:

Twitter: https://twitter.com/PandacoinPND
Facebook: https://www.facebook.com/Pandacoin.PND
Reddit: http://www.reddit.com/r/PandacoinPND

162  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin[PND] The only POS coin with 3 mths POW mining phase| Multipool| No premine or IPO on: May 26, 2014, 03:47:50 PM
"not staking, because no mature PND in the wallet", any help appreciated.

Have you read the PoS faq?

You can find it at http://thepandacoin.org/doc/pos_faq.pdf.
163  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin[PND] The only POS coin with 3 mths POW mining phase| Multipool| No premine or IPO on: May 26, 2014, 01:29:21 PM
"error loading blkindex.dat"

Could you be more specific?
164  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin[PND] The only POS coin with 3 mths POW mining phase| Multipool| No premine or IPO on: May 26, 2014, 12:28:31 AM
sooo nothing has been minting, as in, my wallet has been open since the 21st and just a few orphaned blocks the first day and that's it.

Unlocked, says it's staking but nada. How long do I need to wait?
If you mouse over the staking symbol, it will tell you "Expected time to reward is [...]" in the tooltip.

Or, navigate to Help > Debug Window > Console.  And enter:
getstakinginfo
Which should output:
Code:
{
"enabled" : true,
"staking" : true,
"errors" : "",
[...]
"expectedtime" : <expected time to stake a block, in seconds>
}



Now it says 1 day, but on the 21st it said 2 days. That was 4 days ago?

Difficulty swings can account for that but the indicator is never exact, only an estimate.

Make sure that you're updated to version 2.0.2 and you will receive your stake eventually.
165  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin[PND] The only POS coin with 3 mths POW mining phase| Multipool| No premine or IPO on: May 26, 2014, 12:01:34 AM
sooo nothing has been minting, as in, my wallet has been open since the 21st and just a few orphaned blocks the first day and that's it.

Unlocked, says it's staking but nada. How long do I need to wait?

Are you using the latest version (2.0.2)?
166  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin[PND] The only POS coin with 3 mths POW mining phase| Multipool| No premine or IPO on: May 25, 2014, 10:27:16 PM
I'm having trouble getting the freenode commands to register to work. I was able to change my nickname but the register command doesn't appear to be having any effect.  Was wondering if these instructions are correct for registering at #pandacoinpnd? http://plone.org/support/chat/how-to-register

The register command works fine. freenode automatically sends you an email with a verification code and instructions on how to activate the nickname.

After that you will be able to identify with nickserv.
167  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin[PND] The only POS coin with 3 mths POW mining phase| Multipool| No premine or IPO on: May 25, 2014, 09:58:15 PM
Hello Pandas! The Ultracoin community is trying to get listed at Coinpayments.net (link: https://www.coinpayments.net/vote ) so we are calling on our long time friends of the PND community to help us out in this challenge ! If you decide to vote send a message to ultracoinx@gmail.com and he will enter you into a lottery where you can win a big pile of UTC  Grin I am just a simple community member but I hope we can continue our alliance in the future and I humbly express my gratitude to you all. Thanks for listening!  Smiley


Voted. Good luck.
168  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: May 25, 2014, 05:35:56 PM
lol uggle , you found it, where are our panda brothers to help vote for us?!  Grin

I'm not sure actually, I posted in their official thread here on bitcointalk and in their IRC channel but no responses yet.  Cry

It seems like you've been mixing up Pandacoin (PANDA) (not us) and Pandacoin (PND) (us).

We're here to help but obviously we're not present on the side of the coin we are competing against.

Our IRC channel is #PandacoinPND on freenode.

i dont see panda in the voting list?

On coinpayments?

yes. you said "we're not present on the side of the coin we are competing against" so i assumed you meant there

No, we made coinpayments a few months ago.

Added this to my post:

Quote
Edit: To clarify - we are not competing against UTC, but against PANDA.
169  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: May 25, 2014, 05:24:18 PM
lol uggle , you found it, where are our panda brothers to help vote for us?!  Grin

I'm not sure actually, I posted in their official thread here on bitcointalk and in their IRC channel but no responses yet.  Cry

It seems like you've been mixing up Pandacoin (PANDA) (not us) and Pandacoin (PND) (us).

We're here to help but obviously we're not present on the side of the coin we are competing against.

Our IRC channel is #PandacoinPND on freenode.

i dont see panda in the voting list?

On coinpayments?
170  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin[PND] The only POS coin with 3 mths POW mining phase| Multipool| No premine or IPO on: May 25, 2014, 05:22:18 PM
Friendly reminder to vote for Pandacoin (PND) on UseCryptos and Cryptsy!

https://usecryptos.com/coinvoting
https://cryptsy.com/coinvotes
171  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin[PND] The only POS coin with 3 mths POW mining phase| Multipool| No premine or IPO on: May 25, 2014, 05:14:43 PM
The Daily Panda


Pandacoin (PND) Proof of Stake FAQ released!

A highly requested document from the community, the Pandacoin (PND) development team have compiled a FAQ addressing many of the commonly asked questions in regards to PoS.

Check it out if you would like to know more about how PoS and staking works:

http://thepandacoin.org/doc/pos_faq.pdf

Can I still mine Pandacoin (PND) directly with my mining rig?

With Pandacoin (PND) as a pure PoS coin, you would not be able to mine it directly. Instead, you will mine other alternative crypto-currencies and exchange them for Pandacoin (PND) through our ever growing mhs multipool. This way, you will be able to still mine Pandacoin (PND) from the multipool, and help increase the value of Pandacoin (PND) at the same time.
 
With Pandacoin (PND) as a pure PoS coin, you would not be able to mine it directly. Instead, you will mine other alternative crypto-currencies and exchange them for Pandacoin (PND) through our ever growing mhs multipool. This way, you will be able to still mine Pandacoin (PND) from the multipool, and help increase the value of Pandacoin (PND) at the same time.
 
Website: http://multi.pandapool.info
 
Twitter: https://twitter.com/pndpool
Subreddit: http://reddit.com/r/multipanda
Bitcointalk thread: https://bitcointalk.org/index.php?topic=552464.0
Email: admin at pandapool dot info
 
How does the Pandacoin (PND) multipool work?
 
The Pandacoin (PND) multipool automatically switches between coins to mine based on difficulty and price variations in order to be as profitable as possible for the miners. For payout, the multipool computes the proportional share of each miner over rounds that last four hours. Once a round is complete, and after the mined blocks become mature, the multipool exchanges all coins for Pandacoin (PND). Please note that due to the time required for block maturation, deposits and withdrawals on exchanges, payouts for a round are processed one hour after the end of the next one. The multipool also apply a fee of 1.25%, in addition to the exchange and transactions fees required by the operation

Wallet version 2.0.2 is now available. Mandatory wallet update!

Wallet version 2.0.2 is a mandatory update which corrects the issues that you have experienced during the PoS switch-over. It is now available on https://github.com/pandacoin-official/pandacoin, http://thepandacoin.org and as binary.

A few things to consider before updating:

1. You NEED to back up your wallet.dat. The software will automatically do a copy but it's better to be sure.
2. The wallet will take around 10 minutes reindexing so please be patient.
3. The wallet might crash and give an error after importing (Windows 7 has been tested successfully). This is okay - just start the wallet again and you should be good to go.

The wallet is available to download under the following links:
win32 standalone|win32 setup|mac|linux|src

Pandacoin (PND) has successfully transitioned to 100% PoS from 100% PoW!

Pandacoin (PND) had begun their PoW phase since Feb 16, 2014 and has been mined for 95 days. Pandacoin (PND) is now one of the rare PoS coins with such a long PoW phase, a duration of more than 3 months, to distribute the coins fairly out towards the community.

Current PoS Difficulty: PoS Difficulty: 944.10459907

What is PoS Difficulty and why does it matter? - PoS difficulty is an indicator of how many wallets are open with many unspent transactions sitting in them. Generally, the higher the PoS difficulty, the better as it represents the amount of wallets that are open, and how secure our network is!

To find out more about PoS and how staking works, please check out our FAQ here - http://thepandacoin.org/doc/pos_faq.pdf

Join us!

We have implemented a Pandacoin (PND) IRC Lotto Faucet system, where you can type the following commands on our irc channel every 24 hours for a chance to win up to 10 million Pandacoins (PND): !lotto !panda or !gimme

It works by a lotto system, where you get one try every 24 hours:

Normal payouts = 300-500 PND
1/10 chance = 1,000 PND
1/100 chance = 10,000 PND
1/1,000 chance = 100,000 PND
1/10,000 chance = 1 million PND
1/100,000 chance = 10 million PND

So join us on #PandacoinPND on freenode.net to try out the Lotto-Faucet commands !lotto !panda !gimme, have a chance of winning up to 10 million Pandacoins (PND) every 24 hours and chat with the fellow Pandas and the dev team!

For the latest news and updates regarding our coin, check out our social media accounts:

Twitter: https://twitter.com/PandacoinPND
Facebook: https://www.facebook.com/Pandacoin.PND
Reddit: http://www.reddit.com/r/PandacoinPND

172  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!! on: May 25, 2014, 05:09:56 PM
lol uggle , you found it, where are our panda brothers to help vote for us?!  Grin

I'm not sure actually, I posted in their official thread here on bitcointalk and in their IRC channel but no responses yet.  Cry

It seems like you've been mixing up Pandacoin (PANDA) (not us) and Pandacoin (PND) (us).

We're here to help but obviously we're not present on the side of the coin we are competing against.

Our IRC channel is #PandacoinPND on freenode.

Edit: To clarify - we are not competing against UTC, but against PANDA.
173  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin[PND] The only POS coin with 3 mths POW mining phase| Multipool| No premine or IPO on: May 25, 2014, 03:15:20 PM
Swisscex, I haven't been able to withdraw PND from them for days! Undecided

Scratch that, looks like it's working again, except I'm not receiving the confirmation email like Slaithe   Embarrassed

Why not try and open a ticket? They usually are very fast to respond (except maybe Sundays).
174  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin[PND] The only POS coin with 3 mths POW mining phase| Multipool| No premine or IPO on: May 25, 2014, 12:27:06 PM
Small visual update for OSX users. The titlebar is now dark instead of light which I think looks better overall.


175  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin[PND] The only POS coin with 3 mths POW mining phase| Multipool| No premine or IPO on: May 24, 2014, 11:29:51 PM
cant mine pnd anymore

Can I still mine Pandacoin (PND) directly with my mining rig?
With Pandacoin (PND) as a pure PoS coin, you would not be able to mine it directly. Instead, you will mine other alternative crypto-currencies and exchange them for Pandacoin (PND) through our ever growing mhs multipool. This way, you will be able to still mine Pandacoin (PND) from the multipool, and help increase the value of Pandacoin (PND) at the same time.
 
Website: http://multi.pandapool.info
176  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin[PND] The only POS coin with 3 mths POW mining phase| Multipool| No premine or IPO on: May 24, 2014, 10:11:35 PM
Pandacoin (PND) is now being traded on Coinedup:

https://coinedup.com/OrderBook?market=PND&base=BTC
177  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin[PND] The only POS coin with 3 mths POW mining phase| Multipool| No premine or IPO on: May 24, 2014, 05:23:57 PM
Pandacoin (PND) Proof of Stake FAQ released!

A highly requested document from the community, the Pandacoin (PND) development team have compiled a FAQ addressing many of the commonly asked questions in regards to PoS.

Check it out if you would like to know more about how PoS and staking works:

http://thepandacoin.org/doc/pos_faq.pdf
nice job.

Very nicely written, it will help anyone who doesn't completely understand POS

gw dev team. chinese version soon? it be useful. PND Chinese help plz ^^

Agreed. Well written article. But, you could've saved yourself some work since other people have already written about this. Here's an article written nearly a year ago that basically says the same thing. https://cryptocointalk.com/topic/700-proof-of-stake-explained-rough-draft/

We're focusing on PND wallet specifically though and can address new additions in it with explanations directly.

As the wallet evolves we can also edit the document to be fitting.
178  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin (PND) - 1 day til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW] on: May 24, 2014, 01:49:46 PM
Pandacoin (PND) IRC Lotto Faucet now available!!!

We have implemented a Pandacoin (PND) IRC Lotto Faucet system, where you can type the following commands on our irc channel every 24 hours for a chance to win up to 10 million Pandacoins (PND): !lotto !panda or !gimme

It works by a lotto system, where you get one try every 24 hours:

Normal payouts = 300-500 PND
1/10 chance = 1,000 PND
1/100 chance = 10,000 PND
1/1,000 chance = 100,000 PND
1/10,000 chance = 1 million PND
1/100,000 chance = 10 million PND

So join us on #PandacoinPND on freenode.net to try out the Lotto-Faucet commands !lotto !panda or !gimme, have a chance of winning up to 10 million Pandacoins every 24 hours (PND) and chat with the other Pandas from this awesome community!


Congratulations to 'voolp', our first 100,000 PND winner of the Pandacoin (PND) IRC Lotto Faucet! Why don't you join us on our irc channel and try your luck every 24 hours and be our first 1 million PND winner...or perhaps even be the 1st 10 million PND winner?



179  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin[PND] The only POS coin with 3 mths POW mining phase| Multipool| No premine or IPO on: May 24, 2014, 01:44:00 PM

Seems to be down indeed. Why not join our IRC channel which offers a faucet function?
180  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Pandacoin (PND) - 1 day til POS [Multipool | NO PREMINE | NO IPO | Scrypt | KGW] on: May 24, 2014, 01:39:06 PM
Pandacoin (PND) IRC Lotto Faucet now available!!!

We have implemented a Pandacoin (PND) IRC Lotto Faucet system, where you can type the following commands on our irc channel every 24 hours for a chance to win up to 10 million Pandacoins (PND): !lotto !panda or !gimme

It works by a lotto system, where you get one try every 24 hours:

Normal payouts = 300-500 PND
1/10 chance = 1,000 PND
1/100 chance = 10,000 PND
1/1,000 chance = 100,000 PND
1/10,000 chance = 1 million PND
1/100,000 chance = 10 million PND

So join us on #PandacoinPND on freenode.net to try out the Lotto-Faucet commands !lotto !panda or !gimme, have a chance of winning up to 10 million Pandacoins every 24 hours (PND) and chat with the other Pandas from this awesome community!


Congratulations to 'voolp', our first 100,000 PND winner of the Pandacoin (PND) IRC Lotto Faucet! Why don't you join us on our irc channel and try your luck every 24 hours and be our first 1 million PND winner...or perhaps even be the 1st 10 million PND winner?



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