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Solo if you have the hashes
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Hello Everybody!
More good news: I have spoken to devs at coinmarketcap.com and cryptocoincharts.info and both have told me they will be listing PXL! Coins listed on these sites have a much easier time attracting miners which will help us immensely.
That brings me to the difficulty. I am estimating that it should drop in 14-20 days and drop go 8 or so. I still believe mining at this difficulty is very profitable because of the block bonuses (which will end soon) and the fact that should you hold the coin for a whole the price will rise once traded on bigger exchanges.
In regards to a new exchange, we are still in "testing mode" and have discovered a few issues with the client that we have been asked to change which we are working on now. Still it could be a little while before it is added so stay tuned.
-Trip
this coin need kimoto gravity well dificulty re adjustment. few miners brought this dif to 16. imagine what will happen at 1gh/s nethasrate To get to 16Dif, PXL peaked near 525Mh already. But yes 1gh would be hard to deal with and I recommended a change to deal with that (if it occurs) |
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And trading, and referrals too.. have traded on here in small amounts last few days.. fast and easy, and no problems. Always good to have some more exchanges! Click for Rewards for chatting, trading and referringUSD to alt and Alt to USD should be interesting as well. |
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NP have another update in the works.
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Idea here,
I think it would be a really good idea to get PHS on one of the Satoshi Dice type sites, or anything similar really. If you use one of these sites maybe ask them to add PHS, which is actually quite easy for them. This would increases transactions and we could all have some fun, too. If need be maybe a trusted user can begin a bounty to get PHS listed on one of these sites as well.
Also if you are somewhat technical/developer, you could create a similar site (or app?) fairly easy.
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Thanks for the answer. Just to clarify, if the stake resets after any coins leave the wallet, would it be smart to have 2 wallets - one in which I leave the coins to stake "permanently" and one in which I keep Stones I may be sending/spending?
Np, you can do this, but the stake only resets on the input used when sending. For example: if you have 20 inputs for 100 PHS each and then send 100 it only resets on those 100, not the entire wallet. I added in some newer features which can help too, In debug console (QT) (help>debug>console) To see the current (weights) of your PHS, Stakereadystones also tells you how many stones could potentially be staked right now (or lost if you send all PHS). |
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   PLEASE HELP ME I have some really BIG trouble with my wallet synchronization to the network although I have between 2 and 7 active connections (before the synchronization problems I had usually 12 active connections). The lastest block I could get is block 142515. For several weeks I was using wallet version 1.3.0 (Linux compiled from source) without any problems but since yesterday the synchronization to the network does not work and the remaining block count is increasing and increasing. But the worst thing is that 60% of all my stones moved already into " stake". In order to find the reason for the synchronization problem I moved/saved my "/.Philosopherstone/" directory to a different directory and when I restarted my wallet a new empty "/.Philosopherstone/" directory was created. The synchronization with this fresh directory was finished successfully after a few hours and during the blockchain download I had 16 active connections. But when I copy my saved wallet.dat to this new directory all my stones in "stake" disappeared! For not losing more stones I set " reservebalance=" to a higher value then my current balance. But the " reservebalance=" option seems not to work, too because right after this setting a new incoming POS transaction moved some more stones into "stake".  An update to wallet version 1.3.3 did not help. I have the same synchronization problem and my stones are still in " stake". Thanks for your help in advance. hi, The stake field just shows the PHS being held for 50 blocks after a stake. If you have 100 PHS and they stake they will show up int he stake field. After 50 blocks this amount will return to your balance. To shut off stake you can use the reserve balance OR just lock the wallet. There is no way stake will generate when locked. It looks like you did the right procedure, I would check the Address you received PHS with on the explorer to see if the stakes showing in wallet are in the chain (stake generates to same address you originally received stones). If so, you may want to backup your current wallet and try using an older one to see if this cleans up (with fully synced chain). This assumes you didn't modify the client or have a bad compile too. If new POS is showing up with reserve balance > actual balance than my first guess is you are not synced and it's catching up with what you already staked. Hope this helps. |
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Hey guys let me know if this helps?? Step 1: Open your wallet Step 2: At the top you will see an option: Help Step 3: Click Console tab. Then at bottom of that screen, type in help Step 4: You will see a list of commands the program can receive for your wallet, near the bottom of the list, notice the walletpassphrase command syntax. Step 5: where you typed in help, type in: walletpassphrase yourwalletpassword 9999999 true. yourwalletpassword is the encryped password you gave your wallet. Step 6: Notice your wallet lock should now be unlocked (lower right corner). Also, I think the code now perform auto minting when the wallet is unlocked when you pass the true variable. Step 7: When you want to lock your wallet, type in walletlock. Please let me know if this helps. I also struggled for days trying to figure this out. I work with programmers every day and know how they think, they sometimes have a manual command line way to perform certain functions. I'm glad this version has the console command line configured in. bdc2343  I'm looking for more comprehensive info on minting PHS. I've looked at the above post but I have a few questions. - If I haven't encrypted my wallet will my Stones automatically convert to POS? - If not, what do I have to do? - Once I have stones minted, what happens when if I spend some or add more to my wallet - do I have to wait the 5 - 15 days again? Thanks in advance. HI, -yes -nothing! -an example: If you have an input of 100PHS and you send 50 then stake resets on all 100, so it's usually best to send PHS after they stake, to maximize return. And yep, after 5-15 days they will stake again + stake on the stake (dust) too. |
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Is there any long-term marketing strategy or niche placement in mind for philosopher stones? Even though its obvious, sexcoin has the porn market, lottocoin and casino have gambling, lotteries, etc...what longterm plans are in mind for this currency?
Hi, I am open to suggestions. I think cryptos are still in a sort of infancy, some will be used to fast transactions, some for savings, others for gaming sites, like you mentioned and more. There has been some good suggestions in this thread but thus far vague long term direction, please post your thoughts. I think since philosopher stones don't have any real direction at the moment, we should consider specific niche markets that would not only find the currency appealing for both superficial and primary qualities, but useful. The obvious trait of the currency that will appeal to people is its %50 annual return--for investors and speculators this is a tasty proposition--but who else would greatly benefit from this feature in short-term, but keep the currency moving and promote volume in the exchanges? A few ideas: -pre or post startup businesses -small business owners -independant researchers -small law firms -private schools and private universities -small medical practices It wouldn't be difficult to compile a small, professional set of brochures and introduction manuals that 1) explain bitcoin and cryptocurrencies 2) convey a serious and professional image for Philsopher Stones to its audience and 3) convince its audience that in the uncertain age we live in, with the collapse of Fiat and the rise of digital currencies, making Philosopher Stones a part of your porfolio or investment strategy is not only sound, but you would be unwise not to do so. In conjunction with this straight-forward approach, we should consider more unorthodox, guerrilla-style techniques for targeted advertising and exposure. -Create a newsletter that you send to the above mentioned groups. -create ads that can be placed for free in small communitity publications such as residential listings, classifieds, public library boards --> target specific communites that are more likely to have investors -recruit college students to put up fliers, tear-aways, place brochures in classrooms -send direct, personal form letters to doctors, lawyers, congressmen, senators, and any key personel that are easily looked up -aggressive social media campaign - twitter, facebook, reddit, etc. -professional, yet simple website or blog with regular updates regarding PHS and persistant newsfeed regarding crypto
-go further-->ensure that PHS website has charts and streaming market data --> give people a reason not only to come to the PHS site, but give them a reason to stayThe idea here should not only be to promote image and generate chatter/traffic, but also to begin building faith in the currency. Ultimately that faith is what will sustain any currency in the long run. Good input. I think we do have a user working on a type of newsfeed, and I think we could do more with charts and market data for the website/websites. For now the exchanges do carry this (and hopefully another exchange on the way) and I think it may be quite easy to use the exchanges APIs to make real time charts and order books. We could use someone good with webpages to improve the current PHS websites, or make new ones , and as you put it, a place to stay, information source, all in one location even. And further out maybe some type of forum as the need arises. Looking forward there are plans in the works for ETF/mutual fund type instruments in the 'fiat' world which intend to own baskets of cryptos, this is most likely also in the works in the crypto community. A Dividend-interest type crypto will fit nicely into these. One basic thing mentioned to me in a PM.. the Name.. It was suggested to stick with "PhilosopherStone" as the main , consistent name, and 'stones' for the units. (not Philosopher's Stones,. etc). If anyone agrees or disagrees with this, post, I will most likely change all names to PhilosoperStone and 'stones' as units for consistency. |
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We've had a pool set up for a few weeks and just updated the coin client to the version, v1.3.2.0 yesterday. phs.cryptcoins.net-Stratum VarDiff -Proportional payout per block based on the worker's shares ratio to the pool's total shares per block. -2% of the block is rewarded to the worker that finds the block and it comes off the top. Great! will add you to the links next update. BTW The pool http://pool.phsblocks.com/ is looking for a new owner, so please withdrawal your PHS before any possible transition. If interested in being a pool-op, merger, etc, please contact owner at pool for details.Thanks. |
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Your project will be featured on the front page of SourceForge.net Comments regarding text, what images to use, etc PM. Also feel free to leave a user rating so more new users can find our page/downloads! |
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I tried to register on Atomic-Trade but after submitting I just get a 404 error. Is something wrong or is the problem on my end?
I had this issue as well and just did the form all over and it then worked. |
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Is there any long-term marketing strategy or niche placement in mind for philosopher stones? Even though its obvious, sexcoin has the porn market, lottocoin and casino have gambling, lotteries, etc...what longterm plans are in mind for this currency?
Hi, I am open to suggestions. I think cryptos are still in a sort of infancy, some will be used to fast transactions, some for savings, others for gaming sites, like you mentioned and more. There has been some good suggestions in this thread but thus far vague long term direction, please post your thoughts. |
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I have been mining on my laptop for about 4 days now, but have only generated about .2 stones.  Does anyone know of any philosopher stone giveaways or faucets? I would like to experiment with the proof of stake feature before I invest any fiat into stones. Also, I have an extensive twitter and facebook following, as well as a blog. I would like to help the community and assist in promoting philosopher stones. If there is help needed with networking, or if you need an article written, PM me. Will work for stones  9qs5UDr5UdnpfNLtYHAwi7NenEd1sjvkjW Try testnet out > https://bitcointalk.org/index.php?topic=292720.msg4527450#msg4527450You must solo mine up a bunch of blocks into confirmed status first (cpu is fine or gpu, or someone can send you some maybe?), and can then generate stake and get a better feel for the PoS process. It's 100s of times faster so you can run your tests to see results in hours not years. We could use some more permanent nodes for testnet =p Sure, anyway you can help out is great! |
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Yes - 8 connections.
Transaction info:
Status: 0/unconfirmed
Date: 1/16/2014 20:42
Debit: 0.00 PHS
Net amount: -50.00 PHS
Transaction ID: 1c952423f5d148a9bad9de671434a9df925820651c419c3ec6d384c02a2d273a
Generated stones must mature 50 blocks before they can be spent. When you generated this block, it was broadcast to the network to be added to the block chain. If it fails to get into the chain, its state will change to "not accepted" and it won't be spendable. This may occasionally happen if another node generates a block within a few seconds of yours.
As a follow on question. Can you generate/mint PoS coins on a server running the headless -daemon?
yes it's orphan, unlike PoW this will attempt to regenerate for a larger amount (since more time has passed). 8 connections sounds like an older client, what version are you using? and, yes, stoneD is the same just no GUI, you can still send commands to it like getinfo |
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Perhaps it would be better to buy at this stage? But it should't be this difficult so early on, that might kill the coin.
The problem is that it takes way too long to readjust. It needs to be updated to have a much more dynamic difficulty adjustment. The coin idea truly is awesome, but it really needs to be updated. Other new alts like DGB, NOBL, USDe, etc all have changing difficulties, so if demand or price drops, you at least mine more coin to make up for it. That's not happening here. I'm not saying all of the coins should be mined away super quickly, but almost trying to predetermine what each PXL should be worth at it's infancy is no good. The market needs to decide that. This is what's called price discovery. The targets they wanted to set for a longer period of time, for long term , low chain bloat, the coin is just for a fair distribution of the PXLS, not a premine or pump and dump like most, please remember they are backed by the webpage and have a utility(as well as being a crypto). That said I already have pms wanting the block timing at ~30 seconds and 1 block re-targets, not to mention mining predators wanting the dif forked lower with 100mh+ just waiting for 'easy' coins.  I understand from a traders perspective 30 seconds I guess is life or death, and I have been there. Please send your recommendations to Trip (I will as well), but also keep in mind there are target PXL-per day long term goals as well. edit PS perhaps technical discussions/suggestions/commentary should take place in another thread/forum or IRC in the future? |
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