Hi everyone,
The process of restoring the website is ongoing. DNS propagation is on the way, should not be long now.
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I'll try to make it a short compilation of my ideas: - Useful PoS (possible?) - instead of (semi-)Useful PoW like Primecoin and Riecoin) - algo itself is useful => environmentally-friendly, I know that PoS is not (yet?) cryptographically proven
- "Useful Leakage" - a part of the PoS goes to faucet and or science foundation (like curecoin, gridcoin and RSC do). The faucet or other mechanism might mitigate the low equity of PoS
- Cryptonote technology is a superior founding block than bitcoin. Superior anonymity and superior flexibility.
The problem of unreliable difficulty remains. Primecoin evidenced that it is not intrinsic to useful PoW, but it may make it difficult.
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Two TEK investors, me included, decided to hang on #tekcoin on freenode (there is also #tek, by the way). If I judge by the Monero community, IRC is a great tool for devoted teams.
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I calculated that if buy 1000 TEK today, in one year I will get 20 BTC a month (at current price). It is too good to be true, so what's the catch (assuming the worlds doesn't awake and discover TEK)? I know about NVCS, so could it be really possible to get 20 BTC a month with 1000 TEK today? This person above who has 10K TEK would be making 300 BTC a month? OK, I know that you have to sell them if not you just have some TEK that you cannot do anything with, but still...
20 BTC a month, I stop working!
The reason for this post is: I want you to put my mind at rest about what I can really expect from TEK. "When something is too good to be true, it probably is".
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Hi,
I working atm on this mintcoin.cc down thing. I'll keep you posted.
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In my book, being the first at something doesn't guarantee anything. Bitcoin is not the first cryptocurrency ever, Litecoin is not the first scrypt currency ever... etc. I agree wholheartedly with you! Be first, be smart, or cheat
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I am satisfied that the Monero folks have made things right after this initial error in judgment. I appreciate you took time to update your initial post. This is something people seldom do, especially when it is several pages away
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Considering I had to buy my TEK 25% more expensive, I am NOT happy with Cryptsy and try to buy at Sharexcoin first.
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Cryptsy has again closed my support tickets related to missing PHS withdrawals, though I've still not received two withdrawals going back to May 2, and totaling 3266PHS. They seem to be real good at closing tickets and real bad at providing resolutions/explanations. In short, cryptsy is run by incompetent morons.
I've re-opened the same drama-coin tickets I've been recycling for two months now and will keep everyone apprised of cryptsy's newest dooshbag response when received. Same problem for me Crypty's reply and my reply:
Hello David,
Please check your wallet is withdrawal already posted. It has 300+ confirmation. Make sure your wallets is updated and in sync. Please let me know if the withdrawal has gone thru or not.
Good day,
Please look at the screenshot: - Balance zero - Transaction zero - Address is the same as for sending - Proof of withdrawal PhilosopherStone 9o4Kgb7qauaoM2mtqkmTpjjRjATphmxsoi 120.05332055 PHS Yes 2014-05-12 20:51:22 Processed TrxID: a48e25133a8fe505ed448e90a58750c1f74542ab2998c60388f77ce21f9f8789 @ 2014-05-12 21:36:05 I am not the only one with this problem: https://bitcointalk.org/index.php?topic=292720.msg6846926#msg6846926Plus, I bought some TEK today and they arrived in ten minutes, so not internet connection problem whatsoever If you cannot find a solution, then send them to me again. Thank you
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Cryptsy has again closed my support tickets related to missing PHS withdrawals, though I've still not received two withdrawals going back to May 2, and totaling 3266PHS. They seem to be real good at closing tickets and real bad at providing resolutions/explanations. In short, cryptsy is run by incompetent morons.
I've re-opened the same drama-coin tickets I've been recycling for two months now and will keep everyone apprised of cryptsy's newest dooshbag response when received. Same problem for me
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I created a spreadsheet mostly based on your data. Please everyone, improve on it Proof-of-stake List
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Does this Crypto have interest rate? How much, how often the rewards? Thank you.
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What is the interest rate for Bottlecaps?
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The webhost told me there was some suspicious activity. I am investigating.
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