I am sorry to hear that this happened :/ That is a great idea, though. Perhaps we can contact them and propose they accept mintcoins: http://town.darrington.wa.us/Contact+us How difficult/expensive would it be for them to implement a Mintcoin payment/donation method directly on their site (I don't know these things, seems like it wouldn't be too much though)? If it would help- and this pertains to all possible charity projects- we could propose to them that we will set a community MINT donation goal, raise it at a different location than their site (e.g. raise it on the Mintcoin Foundation website) and then donate the money to them once we have reached that goal (similar to how doge4water worked). That way they wouldn't be burdened with setting up a new donation/payment method (assuming it is at all a burden, like I said I don't really know..). Also. I was thinking, once the Mintcoin Foundation is up and running and some projects have been decided on, we could have separate donation addresses for different charity causes- this would allow individual donors to choose directly which project they support with their donations. Edit: While I'm on topic- please consider donating to the Mintcoin Fund http://www.mintcointalk.com/index.php/topic,415.0.html ! Why not just have them download a wallet and post a big public deposit address on the website/Facebook page? Direct all marketed traffic to that address and voila. +1. I was over thinking it. I was thinking more in terms of how difficult/costly would it be to set up a mintcoin donation button on their website like the one for bitcoin. For some projects I still think the idea of setting specific fundraising goals and collecting donations at the mintcoin foundation site, where each cause can have its own address allowing for people to choose between the charities they want to support, and then sending out the raised funds once the goal is met would be useful (for example, for a project which requires a minimum amount of money to be raised before it can work/start). Also, I think there is something psychological about working towards and achieving a preset goal. And if we eventually have multiple charity funds being raised then it would be nice to have them in a centralized location so people can easily see and access them all. Seems like this landslide donation, and other disaster reliefs, would certainly be better implemented in the manner you just outlined because they need the money asap and any little bit will help. |
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I am sorry to hear that this happened :/ That is a great idea, though. Perhaps we can contact them and propose they accept mintcoins: http://town.darrington.wa.us/Contact+us How difficult/expensive would it be for them to implement a Mintcoin payment/donation method directly on their site (I don't know these things, seems like it wouldn't be too much though)? If it would help- and this pertains to all possible charity projects- we could propose to them that we will set a community MINT donation goal, raise it at a different location than their site (e.g. raise it on the Mintcoin Foundation website) and then donate the money to them once we have reached that goal (similar to how doge4water worked). That way they wouldn't be burdened with setting up a new donation/payment method (assuming it is at all a burden, like I said I don't really know..). Also. I was thinking, once the Mintcoin Foundation is up and running and some projects have been decided on, we could have separate donation addresses for different charity causes- this would allow individual donors to choose directly which project they support with their donations. Edit: While I'm on topic- please consider donating to the Mintcoin Fund http://www.mintcointalk.com/index.php/topic,415.0.html ! |
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David Latapie, and others, I remember a short while ago, Bill Gates did an AMA on Reddit. Someone asked him what he thought of altcoins in general. His response to the question was that he thought they would be a great way for people in third world countries to handle "Micro Transactions". This has gotten me thinking about the Bill and Melinda Gates Foundation. They have one area of their foundation that deals with sustainable agricultural development and was one time refereed to as the “Green Revolution”. Here is a link to their web site pertaining to this part of their foundation: http://www.gatesfoundation.org/What-We-Do/Global-Development/Agricultural-DevelopmentNow, I at times can write a good letter if need be, but I'm thinking that if someone from The Mintcoin Fund were to contact Bill Gates and explain the idea behind the Mintcoin Fund as well as Mintcoin, this may be a way to have Bill Gates as well as his Foundation start accepting and even using Mintcoins in their projects. Should something like this happen, even if a year from now, Mintcoin would be the most important altcoin EVER, far exceeding anything Bitcoin or Dogecoin could ever imagine. Just a thought...opinions openly welcomed.... This is a great idea, and could be HUGE. |
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My schedule is loaded, but I will see what I can do. I want to start a marketing campaign. Would anyone else be interested in donating to it?
I can't release details because I would not like people from other altcoins stealing my ideas. My background is in marketing.
Provided that the costs are not insane, I will pay for everything out of pocket. Donations to my marketing efforts would be appreciated since when it goes outside of my budget, I can't continue the campaigns. Keep in mind some people spend $100,000 or more a month on marketing. I don't spend that much, but it gives you an idea of how much things can cost. Larger corporations spend millions a month.
Just getting a feeler for now of who may be interested in donating.
+1. I will donate to such an effort. |
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Remember this is all temporary. The minute people will think mintcoin is not worth it anymore, they will sell. So, we have to make it stand long. Contact even more merchant talk about the mintcoin fund (I will contact tokyopotato soon), make it vibrant, make it matters.
Satoshi prices is nothing - look at Blackcoin, how they are crumbling. If you only care about money without a vision behind it, it will eventually fall down. Remember what the dev said: mint is for sustainable development. PoS is already sustainable development compared to bitcoin's horrific carbon footprint (bitcarbon.org) but there is still so much to be done.
If you want your investment to be worth it, contact sustainable development projects, see if they can get a matching contribution from our donation. Also, create website, contact more merchants, create an ecosystem.
The future of mintcoin is in project and merchants. Get rich, get projects, articles and merchants!
Before I go to sleep: I just received the premine part for registering the Fund  Should not be long now. Please share! +1337!!! edit: sticking a friendly reminder to donate to the Mintcoin Fund! http://www.mintcointalk.com/index.php/topic,415.0.html |
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It will need some time for you evangelists to learn that bitcoin is digital gold and not digital money.
Fyrstikken (cryptorush) would call it a commodity: http://www.youtube.com/watch?v=8q9DvydzAsYQuote: "Bitcoin worshipers will never go to heaven " LOL Price trending to the cost of mining it. Use of malicious negative feedback to suppress free speech brings shame on the bitcoin community.Frystikken is an idiot. But that doesnt disprove my point. Its simply plain logic, that a hard cap coin can not be a currency. It IS a ponzi and risky investment. Money works totally different from Bitcoins. As said, it is not wrong to invest in bitcoins, but what's wrong is to confuse gold and money. So gold is a ponzi scheme? I'm confused. I'm also confused about what happened here. Auroracoin is dead now? Was it actually a scam or did somebody just destroy it for kicks and giggles or for their own personal motives? Also, how was it so easy to kill the coin? Doesn't this mean every other low hashrate scrypt coin is vulnerable? What about scrypt-N and PoS coins? Thanks in advance for helpful replies, I'm just looking for information and trying to understand how things are shaping up in this dark world of cryptocurrencies. Since when was there a hard cap on gold? LOL. Are you an alchemist from the 17th century? You do realize gold cannot be created from your urine, right? The only feasible way to make gold, and therefore exceed the natural "hard cap" on it, is through nuclear bombardment and beta-decay of other precious metals. This process would be insanely more expensive than what you would get out of it, and most of the gold you would get out of it would be radioactive  This is hilarious... So you think because more gold can still be minded it doesn't have a hard cap? So since bitcoin can still be minded it doesn't have a hard cap? Gold was formed during the earliest stages of the earth, and the majority of it and other precious metals sunk into the core. The current available supply of gold exists because of meteorites bombarding earth a long, long time ago- this "flung" gold out of the core of the earth and into accessible regions of the mantle. So, in theory there is another way to increase the accessible "hard cap"- just have to wait until the earth is completely screwed by a bunch of meteorites again... lol. tl;dr there is no way to increase the amount of available gold i.e. it has a hard cap. once all the accessible gold is mined, there will be no other source- just like bitcoin... |
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when this reaches 100+ satoshi, buying at 18 vs 21 is really no difference ...
Your thinking too small. This coin has what it takes to replace bitcoin. I'm thinking 100,000 satoshi. Or . 001 Mintcoin as it will be known at such a time   Don't be ridiculous. We might see 100 or even 500 satoshis one day, but that's it... Never say never This coin is still an infant. That being said, it is also very important to keep yourself grounded in reality and not set expectations too high- this makes for less disappointment if expectations aren't met, and even more excitement when expectations are exceeded |
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Remember to donate to the Mintcoin Fund By the way, we are considering something Paypal-like for ensuring an address belongs to a person (i.e.: giving a small amount of mint to a donator address and ask the person to give us the amount of "mitoshi" he received) +1. I like that idea for matching people to their donation addresses, analogous to one of the ways Coinbase confirms bank accounts. |
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Hey everyone, being relatively new to the Crypto world I have a stupid question Do the coins gain interest in Paper Wallet, or do they need to be online? Yes coinage will be accumulated on the coins in cold storage, as I understand it. You won't receive compounding interest, though, unless you connect the cold storage address to the blockchain every 20 days or so. When you move it from cold storage so that you can connect to the blockchain and recieve the interest, make sure not to move the coins to a new address as this would reset them (assuming it is possible to simply transfer the paper wallet address to a hot wallet, without moving the coins to a new address? I've never actually worked with paper wallets before..). |
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Alright, there was a pump and some of you took advantage of it. This is a great thing, it really is for securing your money, but remember: we are in for the long term. The Mintcoin Fund had nothing to do with the pump, it is a long-standing concept. The Fund is already securing projects
The pump gave some exposure to mint. This exposure should be used for further increasing the movement toward the Fund. Crypto are not just a way to make quick cash, they also are a way to drive projects that actually matter on a global scale. Project that are visible and thus will get the money appreciated - more money to you.
There is the short term and there is the long term. Short term is done (for the moment) now let's move on to long term.
+1. I missed the pump, was asleep lol, but I don't care because I'm HODLing for the longer term anyways |
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Hi,
The Mintcoin Fund is progressing.
We have several Board Members, from all over the (Western) world. When I say we have Board Members, I mean they already fullfilled all the legal obligations to be Board Members. They are not "count me in" members.
The money from the premine is on its way to a dedicated address.
Another address is available for donation (only for the Mintcoin Trust): MjAQAmm6WEX2fx7xgBunZt4RpzwhqHtD4r.
Why donate?
1) to show support for sustainable development project
2) to actually help said projects
3) to increase the visibility of mintcoin, which will in turn raise the value of it - which translates into more money for you, since your mintcoin will be worth more.
The website will come soon. Donators will have a way to express where they want their money directed as soon as we figured out a way to related donations and donators.
Thank you David! Sending the rest of what I've still kept on mintpal to the donation address now (37752 MINT), will send more later when I buy more! Perhaps we can set up a simple posting board on the website where people can post how much they donate, the sending address, and the transaction ID- the donation can be confirmed and can then be assigned to the person's name or pseudonym and then they can express how they want their portion of the money used? Goodnight all. I gotta get some sleep, its past 5 am here |
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This is great! Thank you! |
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How long has this money released
Now is a good time to buy. We have been near our floor, which has been steadily rising, for a while now.. I suspect more movement upwards soon. |
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Get ready for MINT to be brought back to life ;-) I don't usually post here, but exceptional circumstances call for exceptional actions. Fasten your seatbelt Dorothy. Cause Kansas is going byebye. +1!!! I miss you presence, David! Glad to see you posting here I suppose I should be paying more attention to the official thread ( http://www.mintcointalk.com/), shouldn't I? |
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So premine and launch a not so good
I kiss ninja launch, but combining premine is bad
dev should do a big giveaway with that premine...
Ninja launch? Launch was fine. PoW phase was nearly 5 weeks long, which is great compared to some other PoS coins which implemented a initial PoW phase. Dev has been building lots of infrastructure with the premine, that is why mint is listed on more exchanges and has more merchants that just about any other coin that came out around the same time. And the mintcoin foundation is in the works as we speak. a give-away is not a bad idea- a few have already occurred- but the dev team has stated multiple times that the premine is meant to be used for long term goals i.e. building infrastructure throughout the growth of the coin (they don't want to use it or give it all away early on because they want to be able to continue to support the coin as it grows later on). |
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PSA this is the Blackcoin thread for all those who have trouble with reading.
I understand you're bagholders in other coins, but trying to dump your shit on us in the blackcoin thread is in poor taste.
Trying to say I am dumping shit on your thread is in poor taste.. my lord.. you guys are so defensive. And that is pretty much entirely my point, if this is the blackcoin thread- stop talking about mintcoin. the only time i talk about mintcoin is when somebody here says something untrue or uncalled for about mintcoin... I didn't quote those because they were besides the point.. And i intend not to explain what the point was again. Make love and peace, not war. It's useless anyway; people that are going to invest in one or another coin are likely to do a little backgroundcheck on their future investments. Based on that, they will likely form an opinion on wether or not to buy a coin. At least i did. Therefore i suggest that before you quote others about irrelevant or allready solved problems, you do some investigating on wether or not ur quoting for truth or just to cause a stirr. I understand, but when I quoted this problem: im still on the fence can someone explain how this stops someone from generating lots of PoS blocks 20 days in the future from a bunch of TX's with small interval, whether through one or multiple wallets ss << nStakeModifier;
ss << nTimeBlockFrom << nTxPrevOffset << txPrev.nTime << prevout.n << nTimeTx;
hashProofOfStake = Hash(ss.begin(), ss.end());
if(CBigNum(hashProofOfStake) > bnCoinDayWeight * bnTargetPerCoinDay)
return false;
im not well enough versed with the code to know what these variable names imply It was unsolved and I was honestly trying to find an answer. When somebody from this community answered me, I thanked them and did not continue to talk about it. edit: you are right it was already solved but i was not aware of this and did not know how to find out this information other than asking around. if you look through my posts around that time you will see i asked this question on nearly every PoS coin.. Ghostcoin, peercoin, eccoin, it was already posted to mintcoin and zeitcoin, etc... I was looking for an answer and that was all. This thread was the one who provided the link to the answer so I was actually quite thankful. edit edit: you probably won't see those posts of mine on eccoin because the dev there (hostmaster) has moderated the subject and saw the question as too much of a threat, I suppose that is analogous to the response I am getting here now for having posted this question... Sorry. |
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PSA this is the Blackcoin thread for all those who have trouble with reading.
I understand you're bagholders in other coins, but trying to dump your shit on us in the blackcoin thread is in poor taste.
Trying to say I am dumping shit on your thread is in poor taste.. my lord.. you guys are so defensive. And that is pretty much entirely my point, if this is the blackcoin thread- stop talking about mintcoin. the only time i talk about mintcoin is when somebody here says something untrue or uncalled for about mintcoin... so you are saying this is FUD: "You are right! blackcoin would make an excellent store of wealth (deflationary, like real world stores of value such as gold/silver/precious metals in general), mintcoin would be an excellent currency for everyday trading and adoption (inflationary, like every "real world" currency). this is why i have invested in both (omg how could i?). +5000 MINT for you!!! shit, wait, you don't have a mintcoin address.. Sorry wrong forum, I saw the word mintcoin and thought I was on that forum again. Do you guys ever stop talking about mintcoin or can we start focusing on blackcoin, please? " You are saying complimenting BC is FUD? Or just because I compliment another coin too, it is now FUD? Because I point out exactly what you just pointed out (that this is a blackcoin thread and mintcoin should not be mentioned here so much) it is FUD? |
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I have both mintcoin and blackcoin (and a little of many other coins) and read both of these threads throughout the day. Just saying that there is constant references in both, Stormia. Just on the last page on the mint thread someone posted about how bc volume was dying because they know where the real value is and if there's a 14 sat rise it will overtake bc. Then the next post was about how mint's staking was so much better etc. Every few pages back there's more comparisons. I'm new to altcoins (heck cryptocurrencies in general) but all the bickering and hostility just seems so unnecessary.  Couldn't agree more, thanks. really? because the way you shot down my post seems to imply otherwise. oh by the way here is the continuation of the conversation you quoted from me, where I thank the community for the response and move on: im still on the fence can someone explain how this stops someone from generating lots of PoS blocks 20 days in the future from a bunch of TX's with small interval, whether through one or multiple wallets ss << nStakeModifier;
ss << nTimeBlockFrom << nTxPrevOffset << txPrev.nTime << prevout.n << nTimeTx;
hashProofOfStake = Hash(ss.begin(), ss.end());
if(CBigNum(hashProofOfStake) > bnCoinDayWeight * bnTargetPerCoinDay)
return false;
im not well enough versed with the code to know what these variable names imply i have discovered a flaw with current PoS implementation you can easily do a 51% attack with PoS blocks without needing large holdings since PoS blocks are generated on a coin age basis, you could create TXO's delayed by a time offset at the minimum TXO cost for a future attack period so after creating 10000 TXO of 1 MINT separated by 0.5 seconds to make sure 60 consecutive blocks are generated at repeated interval by your wallet 20 days in the future, the attack would last 1 hour and 40 minutes enough to put the security and function of a coin in question couple that with the fact the difficulty calculation includes PoS blocks, that would mean difficulty would jump to stratospheric levels making it impossible to mine PoW blocks are people really not concerned about this? YOU CAN 51% ATTACK ANY POS COIN WITHOUT THE NEED FOR 51% OF SUPPLY OR ANY PoW HASHRATE AT ALLHi all. Just thought I'd share some of the joy we've been dealing with on the Mintcoin thread. Have a good night. Check our code i'd say No explanation? I'm not computer savvy enough to get the answer from the code myself so I was hoping somebody who knows the blackcoin code could explain. It seems that this type of attack is prevented by hybrid PoW/PoS since the PoW blocks have a different and independent difficulty algorithm from the PoS blocks, and you cannot predict with any certainty what the next block in the chain will be (trying to build x consecutive PoS blocks to form an attack with would be interrupted by the generation of a valid PoW block). If that is true, I still don't understand how a pure PoS coin would deal with this. I've got a lot of money invested in this coin and other PoS coins so I would like to know my money is safe, and I would appreciate a concrete answer other than "your money is safe" or "we've figured out how to prevent that" because I'm the type of person that only trusts something if I understand why. This flaw was addressed by the author of PoS, Sunny King, earlier this year: Official release build is now available http://www.ppcoin.org/ (via sourceforge) What's in 0.3.0 release: Stake generation protocol upgrade (protocol switch March 20th) Qt UI support Fix compatibility with vanitygen (note: private keys dumped in v0.2 is no longer importable into v0.3.0, must dump again from v0.3.0 client) Miscellaneous bug fixes and improvements The protocol upgrade in 0.3.0 includes a new algorithm to derive proof-of-stake hash modifier, the entity that scrambles computation for stake owners, which replaces the current proof-of-stake difficulty used as modifier in 0.2 protocol. The design was started late September last year, when I first began to realize the issues with using difficulty as modifier. Honorary mention also goes to Jutarul, who independently discovered and verified an issue with using difficulty as modifier and published on bitcointalk in December last year, while successfully executed a demo attack on the block chain. Other changes in the protocol include starting hash weight from 0 at the 30-day mininum age, and requirement that coinstake timestamp must equal block timestamp. Overall 0.3 protocol should significantly strengthen the proof-of-stake protection and resolve the current known vulnerabilities. My sincere appreciation to co-contributors of 0.3.0 release: Robert VanHazinga of Hartland PC (dreamwatcher) for the vanitygen compatibility fix Jutarul for demonstrating stake generation vulnerability EskimoBob for reporting issue fixed in 0.3.0 +1 thank you for quick and helpful response |
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Yes, please if anybody here can explain this it would be great for ALL PoS coins. im still on the fence can someone explain how this stops someone from generating lots of PoS blocks 20 days in the future from a bunch of TX's with small interval, whether through one or multiple wallets ss << nStakeModifier;
ss << nTimeBlockFrom << nTxPrevOffset << txPrev.nTime << prevout.n << nTimeTx;
hashProofOfStake = Hash(ss.begin(), ss.end());
if(CBigNum(hashProofOfStake) > bnCoinDayWeight * bnTargetPerCoinDay)
return false;
im not well enough versed with the code to know what these variable names imply Pllllease somebody, this is important for every PoS coin out there. ur not? ok. Uhm, yeah I asked a question and as soon as members of this community answered it I said "thanks" and moved on. Sorry for pointing out a possible security flaw for PoS coins that somebody brought to my attention? I didn't continue to spread any FUD about the security flaw, I was pleased with the answer people from the community provided (why don't you provide those quotes?). There was another person on here earlier who was continually asking about a 'security flaw' without providing any specifics and who didn't stop asking even after people responded and that wasn't me. |
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I have an honest question.
To an investor in wall street how can i explain in a single powerpoint slide why Blackcoin has bigger Market Cap than Mintcoin, they have same features. Mint was released 10 days before and is hybrid POW/POS, to an outsider they are practicaly the same
Im conducting investing rounds, i now FAST/POS is the future and i need your side of the story, for an possible investment.
Thanks.
Hi Gonzoucab, Seems the thread got some new trolls 8( Let me throw a few things out there... Investing in a coin is more like investing in the community. Little or no community support = dead coin. A quick check would be forums/date thread started to how many pages posted like here (feb 16 to today = 42days - 565 pages = 13.4 pages a day = quit busy), a random stop to see how many & how active irc is. Next would be liquidity, you can have a bajillion coins but if its thinly traded or theres already a long line to get out the door it aint gonna work. Again if a bajillion are minted = less rare = harder to make the price rise = less profits. IMO Blackcoin comes up Aces in all these areas. Mintcoin has massively high inflation like doge. much higher supply. Blackcoin has 1% inflation and is currently the lowest coin in the world... there are many more positives that favor blackcoin but this is really the bottom line for me. Blackcoin is the gold of the cryptoworld. good for storing wealth for long periods of time, or at least once it is more established. I see this coint at 5 dollars within 6 months, it is a coin people will notice. It is currently holding a 10 times increase from 2 weeks ago on very good volume. Get in or miss the next leg up... You are right! blackcoin would make an excellent store of wealth (deflationary, like real world stores of value such as gold/silver/precious metals in general), mintcoin would be an excellent currency for everyday trading and adoption (inflationary, like every "real world" currency). this is why i have invested in both (omg how could i?). +5000 MINT for you!!! shit, wait, you don't have a mintcoin address.. Sorry wrong forum, I saw the word mintcoin and thought I was on that forum again. Do you guys ever stop talking about mintcoin or can we start focusing on blackcoin, please? qq? Dude asks a question, he gets an answer. Can you please stop whining all over this thread lol. It's getting very tiring to scroll past all that FUD. Yesterday you come in here qq-ing over a 'security-bug' that's been solved long time ago. Now u start qq-ing about other stuff. Go post ur BC FUD in mintcoin topic please; i'd be much obliged. Wow. How is anything I said FUD? "You are right! blackcoin would make an excellent store of wealth (deflationary, like real world stores of value such as gold/silver/precious metals in general)" seems pretty positive to me. so saying something positive about another coin as well as BC is considered FUD? Pointing out that people can't stop bashing mintcoin (and therefore can't stop drawing attention to it) is FUD? I am invested in both, so I will promote both. Not trying to spread FUD about either. Also, I am not the one who was qq-ing over a 'security-bug' earlier- please go back and read the thread. |
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