You should open it 24/7, and try to accrue more coins. At the moment, you have new coins and less than is necessary to stake easily. My suggestion is to joint stake. One address, but find a buddy to combine coins. The network weight is evenly distributed apart from my old miner, which has a high weight, and what was formally the purse for bounties (currently withdrawn due to JoeGreece's pathetic lie, and that he had shown interest in spending thebounty money) The bounty purse is not open, though. Other people have combined coins, which is sensible.

If you want to stake in the easiest manner, contact poswallet.com. If they agree, announce it here. You will find that a number of people will decide to use the online wallet. Your coins will be combined. Thus, you will have a high network weight. Together, you will stake a large proportion of the possible blocks.

That is PoS. At the very least, hire a cheap vps preferably with a friend, and compile a daemon. Put your coins there, and it will be on 24/7. Ideally, find two people you trust.

If you can do that but are unsure of how to compile, I will help you out.

The easiest solution is to convince poswallet.com.

Then you are guaranteed to stake as others will follow you there

yes, especially if there are 7 online users and about 500 coins.

Not a great coup/

Joe your coins arrived and it appears someone is trying to sell them.

They took a tour:

TA4ixyMaMrV7uSnchKwUxQX8CXkgbpDREH joe
TMiPSGguq5NzjUsFR9fKZAqMUqxnoUcXci 1
TSDEas5V3oAiL3gkdGre4qKyFMNQeTuv9T 2
THppt9t4v8dqAbGcuF1HWnGjqzNvwmxzJY for sale

http://104.236.121.235:3001/address/TA4ixyMaMrV7uSnchKwUxQX8CXkgbpDREH

http://104.236.121.235:3001/address/TMiPSGguq5NzjUsFR9fKZAqMUqxnoUcXci

http://104.236.121.235:3001/address/TSDEas5V3oAiL3gkdGre4qKyFMNQeTuv9T

http://104.236.121.235:3001/address/THppt9t4v8dqAbGcuF1HWnGjqzNvwmxzJY



I sent you 15 at the same address.

Maybe the exchange is trying to deceive you ...

I actually wanted to do a twitter tipbot to spread it around, just for fun and to give people a lift. but I can't do a twitterbot, or maybe I could, but it would take some time to make sure it was working as it should. Plus, there are not so many open source examples.

who to?

You retweeted a lot, dude, so just saying thanks

does anyone know OrsonJ, 4abes, and sidroast?

They are the last three. I should catch sidroast on Twitter.

But I have not had a reply for confirmation of adresss (sid may have DMd me now)

edit + Milly6, but crunck is contacting him. So a last 4 and 1 coin who I will try to track down.

Sent a bonus to doktor

Date: 9/21/2016 12:52
To: dr TAkBGJRLyS7qPnXGD97uAy5E74Bt4Jahuj
Debit: -50000.00 INSANE
Transaction fee: -0.00001 INSANE
Net amount: -50000.00001 INSANE
Transaction ID: 57317fd539bc2548d830a374d922aa6fdd5d2ebd9bbbce80de0beb6faa5d324a

1. 8 mins for blocks, but it actually drifts depending on difficulty. You would expect about 150 a day.

In other words, not much interest will be produced, but this means not many coins will be produced as 2% of 21,000,000 averages about 400,000 a year

But not all people stake, and it does not follow that the maximum possible annual stake will fall into a handful of wallets.

I would expect it to be less, more like 100,000 as closed wallets with high amounts of coins do not stake (I think after about 10 minutes of closing a wallet, you reset and start searching for blocks as normal when it is reopened, whereas if you close it for 2 minutes, you will continue mining coins where you left off.

So it will take some time to even hit 22,000,000 coins, making the supply feel like it is essentially fixed.

If you find an online wallet like poswallet.com, and combine your staking then you will stake more than if you do it individually (you will have a high weight)

2. commission is 0.00001 (I assume he means minimum tx fee for sending coins)
or maybe he means interest, in which case 2 per cent (compound interest)

LOL to the "Free (unless you want to pay)" .. it made me smile.   

I left them unchanged from the original source, but I would recommend changing them if you are confident enough to get the right numbers. Hobo Nickels and Yac did some work in that area. I  think reddcoin with POSV did too (I don't see why it would not be replicable in a simple PoS, but I would be nervy. Any clone I make, I try to leave as much untouched as possible)

12 hours/5 days/
mod-interval 20 mins
CB maturity 15 confs
block production 8 mins on average (depends on conditions obviously)

(maybe better at 12 hours, 15 days)

.

stake splits (phew)
threshold of 1,000 if a new coin stakes in under 24 hours

(I would definitely change that if you can find a recipe to fit)

(maybe 45 * 24 * 60 * 60 but I would test it out  first. But changing the second line should maake the the first line less bothersome if you have lots of coins from different times...I think)

I am almost certain Yac implemented something different that was successful.

If it is a developer they want, you have Saveandgain, right? which has survived despite so many other coins disappearing.

Problem solved. I suggest you.

---

We are getting to the end of the list of recipients. Most responded today (including Crunck).

I have decided to ease my miner down slowly I will send random amounts of its wallet to people, but in a way that skews holdings, so not everyone has the same.

So I will begin with crunck.

I do not want to go too quickly because they are old coins, and therefore stake. As soon as they leave the wallet, they are new coins, and take time to become effective. The result can be the network grinding down.

*edit: http://104.236.121.235:3001/tx/3fab6c4c558c1cf033aca156e09a037f811ebd8a49ad2dec44bc8e407a7270db
          sent 34,321.9999

I send a random amount to a different person in 24 hours or so

http://104.236.121.235:3001/address/TANAJxQGDiAdCH8yKcW3RvU6Wa8Uf2LTVN

To: BTCdoaA TANAJxQGDiAdCH8yKcW3RvU6Wa8Uf2LTVN
Debit: -420282.00 INSANE
Transaction fee: -0.00001 INSANE
Net amount: -420282.00001 INSANE
Transaction ID: a9655b6eff24d62f6f76e2ea4fb5b08d9e6300a7991eb9a96859d2c4e2b78ee3

62 confirmations

They were sent almost immediately after you confirmed.

So there are already two that are committee-minded. I propose that you are both members of it. It is probably better to use a phrase like "Steering Group" because that is more suggestive of steering a process, whereas committee is often attached to numerous groups that take forever to make a decision. Decision-makers versus decision-debaters. It might be a cultural understanding, which just shows a multicultural approach is a way to ensure understanding between different cultures.

It is pointless hanging around, the point is you should agree, the moves to make, and listen to proposals.

I propose the group acts as a decision-maker and members of it are culturally diverse. I propose the first two members to it as:

1. Kisleav (East Africa)
2. killerjoe (Greece or connected to Greece)

If nobody objects, we have the start of a body that will get things done without waiting for eons for agreements. I assume you both second my proposal for one another.

maybe even 5 would be enough (better). But if this is wrapped up quickly, decisions will be made without unnecessary backwards and forwards. The point is the group is representative anyway, so it should go ahead and agree together the path forward.

Any disagreements can always be brought public to see if there is an opinion from stakeholders. stakeholders would of course have the right to petition you, and as a double safety net, the Steering group is fixed to a degree that it functions as it should. Any big issues and then re-evaluation would be necessary.

So 3 more?

and we find a way to ensure the bounty money is spent on bounties and not stolen like with Trumpcoin (actually it was the Trump Fund, but the principle is the same).

then blast off.

I have two proposals for consideration to make when it is sorted out.

I will have to double check because some people were contacting on Twitter, bitcointalk and the forum. I also had one name down twice! They only got one payment of course.

This is about how much the bounty pot could be depending on whether I missed someone, so will recheck again later:

4,528,174.81853526 (actually a little more because my staking wallet has over 700,000 in it, so that would be an extra 200,000 after the latecomers return to the party. So that is earmarked as bounty money.

I have 17 unclaimed (98% sure), but most of them will just need a prod. Maybe a couple will not respond or read mail. But it is better to assume they all will. That still leaves us with 4.5 million (4.75 m including the extra in my staking wallet).

This is ample to do something.

But first, who wants to be on the committee? We need checks and balances so it would be ideal if the number was about 7 I would say. Better still would be if committee members were multicultural, so reps from South East Asia, US, Africa, Europe.

I think you should put yourselves forward, and maybe if there is a good mix, I could chair an IRC meeting and the various options discussed. That would mean setting an agenda beforehand. If you think of what direction things should go individually, I can put it in a simple order so we stay on track.

is this something people would like to happen?

I will email and tweet the stragglers, and get them to confirm.

Apologies for the the "go slow" on the network tonight. It was partly because I kept opening and closing the wallet transferring, which made the difficulty go up slowly, and partly because I relieved one of my 2 miners from duty, and transferred his stake. It was to give other people the opportunity to stake, but backfired a bit!!

But the network will sort itself out over the next few hours, and people should be able to compete for stakes (a couple of the earliest recipients have started to stake). It will increase with time and coin age. Sadly, the way to stake if you want to stake, is to have a wallet open 24/7, and try to have more funds than others. That is PoS.

There were some really good suggestions above, and I see a few leader types. If you can negotiate something with one another, then go for it. Implement changes. You need a consensus, but only of active posters, not of inactive ones.

I still have some shares to send out but am waiting to be contacted with a wallet address. I will write to these people if I hear nothing, as they are probably unaware they should confirm addresses.

Two things.

1, An online wallet like poswallet.com might be worth looking at, with joint staking and a faucet
2, I registered insanecoin.com and twitter name @insanecoin, as it gives more scope. A quick email exchange with Klix, reinforced my view that it might be better to be more generic. The ticker is INSANE anyway.

These are just my opinions, and you might agree or disagree.

But if you like the idea of insanecoin.com and @insane, they are yours, you just have to say and I will transfer the domain, and remove all crypto content from trumpinsane.pw and use the site and twitter simply to piss off Trump, which I enjoy.

BOUNTIES

I am not sure how much is left after people are paid. I can make a guess, though, and think it is about 3,500,000.

Plenty of scope to get things done.

I can set something up if the people agree, so  a committee gets the 3.5m to get things done. If any people fail to confirm their address within 4 weeks, I consider that as long as efforts were made to get their attention, their stakes are declared null and void and transferred to the bounty pot.

NB: Translations are good, but if someone got 420,000 for nothing, I think he or she should do a quick translation for free if he is a translator anyway.

The source code is open source, and as long as you agree, then I have no objections to closing my repo, so you guys can open another repo and modify the source "officially"

So you really can run with this, we all cancel each other out in wealth terms, so there is everything to gain.

This coin is a crypto-first, it is genuinely the property of stakeholders, all of whom have equal wealth and the right to speak up.

I am happy to run an explorer and some nodes, but equally, I am happy if you want to do it because you can improve on my basic Iquidus.

"The People's Coin" 

I am no longer dev, I remained dev till giveaway cut-off point, which was 23.59 GMT 18th September (last night if you are in Europe). Now I am just a stakeholder, with the same share as everyone else, although I am distributing the coins (and running the explorer)

You can claim a bounty if you can do something that adds value. There is money in the pot for bounties.

If you have proposals, just put them forward.

So far I have sent 5,883,953.74014

14 x 420,282.41000

Remember to confirm your address, so I can be sure it still exists. I don't want to send to an address that no longer exists.

Exactly.  No leaders, just we want the same thing. So to get it, we should stay close. At some point people might split, but until then it is most sensible to stay tight.

216.189.153.219:38911
[2602:ffc5::68f6:1464]:50657
104.140.105.44:4866
104.140.105.42:58904
[2607:ff28:2:11::91a3:5083]:4866
104.140.105.45:4866
46.39.46.163:42731
46.39.46.163:43006
216.189.153.219:56201
61.5.54.61:49215
104.140.105.43:4866
104.140.105.42:4866
61.5.54.61:49222
188.180.62.185:43012
62.1.20.93:53568
[2a02:2149:8251:f00:9827:2b57:89c0:9592]:53569
62.1.20.93:53572
82.61.100.57:21573
82.61.100.57:21579
188.180.62.185:48848
88.180.62.185:53460
188.180.62.185:53461
49.151.134.119:62933
49.151.134.119:61487
104.236.121.235

UNLOCKED

I have started sending coins to people that have confirmed their address. If you were on the list the share is 420,282.41. That is 2% of the total coins.

Everything is being documented: user, tx number for the explorer. I will publish a full liist when I have finished.

After I have sent every share, I have some remaining which will all be used for bounties. Killerjoe had some good ideas and maybe he will take care of some of them.

I am no longer developer because I am just like everyone else now: a stakeholder. Obviously I will keep the explorer going and nodes.

We all cancel each other out given we have the same amount of coins, so we have to rely on one another. We can be successful if we have an idea about what others think, and what bounties to offer, and to whom.

Then there are the exchanges, who need to be approached by everyone, not just a few people. C-Cex is good to start with because there is a simple form to fill in on the vote page. If we are on the list, we will find a way to get in. But  other exchanges equally  important!

We need to maximise the value of the coins to benefit all.

PS:  Anyone that got a stake and is a translator might want to translate a piece on his board.

Last, like i said above, I am not leader, I am just a stakeholder now. So waiting for me to the work is pointless. It has to be a joint effort. If any natural promoters and innovators are stakeholders, that would be a blessing.

To be fair, Paypal is now decoupled from ebay, so the rules may be better or worse.

Paypal is good if you are a consumer.

It was good for me  for a while on ebay. That was until I sold some bitcoin to the wrong person.

I had more respect for the scammer than paypal. The person who scammed me (supposedly stolen account), had the good grace to leave me positive feedback, which kind of indicates I sent the bitcoin.

The account owner (probably the the real owner and scammer were the same person), put in a claim. A few
months later I lost, my account went into the red because of their charges anyway when they removed the money paid for the bitcoin. Despite evidence that I sent the bitcoin (positive feedback, snapshots of the transaction on blockchain, showing I sent to the address I was given by the buyer, and mails sent to the buyer detailing the transaction number), paypal fucked me over and put me further in the red.

It was obvious I was a victim, but they made me cover the costs. Or rather, they tried, as I refused to pay and have not used their services since.

I think the person who scammed me actually tried to cover me by leaving the positive feedback. Maybe!