no problem you already produced coinage so you can start directly


Thx

https://bitcointalk.org/index.php?topic=502579.0

I made something specified to Philosopherstone. Unfortunately it looks ways better in my word than in this thread, anyway i give Palmdetroit the right to add this text on the main post and on the Website if it helps.

Greetings

Minting guide for Philosopherstone like Cryptocurrencys


The Concept of Philosopherstones and other POS coins
 

The validation of transactions is done with Bitcoin like proof of work (POW) and something called proof of stake (POS).

The  POS is a method to securing a cryptocurrency network through requesting users to show ownership of coins defined in the “stake” field in .conf file (more later). For this energy saving process of securing the network, you get a reward for just holding the coins and unlock your wallet for minting. After the stake, coinage is destroyed.

The Reward for holding POS Coins
 

To do your first stake your coins need to generate coinage (days of coins in the same wallet which aren’t send to another wallet in this time). The days before Stake and the rewards are different between the POS coins out there. Here a short list:

                                               Days until first stake                   Interest p.a.      1. Year       2.         3.

Mintcoin                                    20                                             20%                   15%             10%       5%

Philosopherstones                      5-15                                          50%                  

Novacoin                                       30                                            starts from 100% per year and cut a half every 64x multiply of difficulty.

Peercoin                                    30                                             1%
Blackcoin                                                                                    1%
 

Howto enable wallet for minting:
 

1.    Once you downloaded the wallet you need to encrypt you wallet. Go to “settings” and click “encrypt wallet”. Set a min. 8 char password with special characters and numbers but write it down, because you can’t get it back if u loose them.



2.    Now we need to create a conf file in %appdata% (just paste this in windows explorer navigation) and go to your Philosopherstone, Mintcoin ... folder. Here is your wallet.dat. Now create a new file called “philosopherstone.conf or mintcoin.conf or somethingelse.conf”. Put in these lines and replace “yourusername” and “yourpassword” with something strong and random. !Pls not your wallet pass!
Then safe and exit.


server=1
  rpcuser=**Yourusername**
  rpcpassword=**Yourpassword**
  rpcport=16282
  rpcconnect=127.0.0.1
 
 


3.    Now go to your Philosopherstone or Mintcoin folder where philosopherstone-qt and stoned.exe are in.

Now create a file called mint.bat and put in these lines:  
  
 for PHS
@echo off
@echo Enter PHS password...
SET /P variable=Password :
stoned.exe walletpassphrase %variable% 9999999 true

for mint
@echo off
@echo Enter PHS password...
SET /P variable=Password :
mintcoind.exe walletpassphrase %variable% 9999999 true


4.    Everytime you click on this batch file it will ask you for your wallet password and then unlock the wallet for minting. You can check if minting is enabled, if you hover over the lock symbol in the downer left corner.


If u find this helfpfull you can donate

PHS: 9nL16kFtxh5e86HQGvs7fnAnkq1Mx3mXbs Mint: Msyymc4SBmpRAxyh4eBi2ggr8vM6SHXdJ2
 

Greetings


Ps: If u find any Misspellings or recommendations pls tell me  i will keep this up to date





 

 

 

i vote every day ^^

how about security? I think most exit nodes are under nsa controll, how could that improved?

Is this the thing darkcoin will implement?

You need to download vertminer , a modified cgminer.
You can find it in the vertcoin thread

Greetings

Ok i have a few questions:
1. im from EU do you send international? What is the pricing?
2. Can i mine this coin with the same settings as Vertcoin?
3. Whats the biggest, none scam, serious pool ?

Greetings

Hey
i wonder what does  i need to know to create a new Coin.
There are so many new coins out, every new concept i copied several times, so i think a noob like me should be able to do the same right?

Why not putting all the good concepts together to a new coin? Why are there still scrypt coins coming out, we have already dogecoin and litecoin. Why is there a pandacoin, we have already Vert.
We Also have Kimotos gravity wall to prevent pool hopping, we have Proof of Stake to safe Energy .

So pls tell me exactly what tools, links, books and languages do i need to create a new coin ? I don't want a random copy paste premine coin, i just want to understand the prozess.

So my new Coin would have:
Algorithm: maybe a early mine phase like MintCoin, adaptive N-scrypt like vertcoin and after 2 months of mining a steady block reward of 1 and Proof of stake become to be the main Algorithm. Also Kimotos gravity wall for fair mining.
so the futures: NScrypt, POS 1 year 20% interest, 2.10% 3 - endless 5 %

So pls refer me what to do i dont think it would be very difficult.

I would also pay a dev who already did something like this to work with me on this

Greetings

There is Philosopherstone up since many months and nobody recognize it, now mintcoin comes and everybody talk about POW/POS . Mintcoin 20% interest p.a. , PHS 50% interest p.a.

We really need a Market and some investors ^^

1. The balance is your money. If you hold it around 15 days you have enough coinage to do the "stake".
2. If you unlocked your wallet for "minting" as described in top of this page, your stones go into the "stake field" and remain unusuable in the network to verify transactions. This is the POS.
3. I hope its clear now.
4. Yess
5. All stones are the same. They produce coinage since stored in the wallet. Every Transaktion of stones destroy the coinage of this coins. So buy on the market and transfer it to your wallet fast

Greetings

I voted and shared i think you can vote every day right ?

Yeah i like that some Ideas for improovement:

Get some "coin infrastrukture" on this world like this:



any maybe put the nem text in some blue/green dessign ^^

Greetings

OH YESS thank you so much , sgminer with this settings get it to 745 i feel so wooow would donate some mined Dodge .


Greetings

You surely annoyed of all this threads but  i cant find any solution working and i deffinitly tried alot .

I just have 2* Gigabyte 280x , and i got 2 different Hashrates. I proofed Power, temp, clockspeed .. nothing works.

here a Pic of different hashrates:



And here my settings (im on linux) :



Maybe because one pcie is v 3.0 and one is 2.0 ?

Greetings

is there any exchange online for this coin right now?

Looks like a nice coin ..
Begun mining but dev is leaving? wtf?

9CSzokG2YT438RAv1SBLMmHhsF2oxurDYU

Greetings

Is there any Solution for this??

I got the same Problem my cards:

2* r9 280x Gigabyte, 1* HD 5870.

1 280x is a little bit outside with PCIe Riser (this one showing dead)

temp is around 80 °C (68 for the dead one)

Greetings

what there is an android version of PHS ??
PLS LINK

This Stones are the best cryptocurrency for me bad bad promotion because of no premine ... thats an evil circle ^^ but no Pumpers thats great