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Ok, then it also looks like all Coins were mined in the first Blocks so where did I hear about being a fork of PayCoin? How long ago was the OP updated? It looks like they added in all the information I talked about. Where was it that I read that the premine was in fact 30 million? 120 Coins per Block for 3 days is 777,000 Coins, but 12800 Blocks is 6 days of mining? and 12800 Blocks at 120 Coins per Block would yield about 1.1-1.3 million Coins, why is the money supply at 31.5 mil then? that means the premine is 30 mil? It sounds like the dates are a bit mixed up. About a year ago, back around July 4th of 2014, this coin was initially mined via PoW using an algorithm that exponentially released more coins for blocks generated every 45 seconds up to block 12800. At block 12800 staking began. Please correct me if I'm wrong, but it is my understanding that paycoin was not even around during that time. You can find the initial 12800 blocks at the following link: http://trust.blockexplorer.cc/chain/TrustPlus?hi=12800&count=12800If I'm correct staking should be able to be calculated as follows. Well, at least to make an attempt at explaining, would translating the code in the main page: static const int64_t COIN = 100000000; static const int64_t CENT = 1000000; ... static const int64_t COIN_YEAR_REWARD = 18 * CENT; static const int64_t MAX_MINT_PROOF_OF_STAKE = 0.18 * COIN; ... unsigned int nTargetSpacing = 1 * 45; unsigned int nStakeMinAge = 8 * 60 * 60; unsigned int nStakeMaxAge = 30 * 24 * 60 * 60; ... int64_t nRewardCoinYear; nRewardCoinYear = MAX_MINT_PROOF_OF_STAKE; int64_t nSubsidy = nCoinAge * nRewardCoinYear / 365 / COIN; as follows help? "After a minimum of 8 hours, the coins that are set to stake accrue coin age for up to 1 month, max. The total number of coins that are generated per block is: 0.0004931507 times the amout of coin age accrued. The minimum number of coins generated by Coin Stake would therefore be the number of coins staked times 0.3333333333 times 0.0004931507. The maximum coins generated by Coin Stake would therefore be the number of coins staked times 30 times 0.0004931507."  |
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Do you have some additional recommendations on how to summarize/format/display that information so it can be read and understood easily? |
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Indeed, holding 51% of a crypto coin in a single wallet/address can lead to a double spending security risk for that block chain. I sincerely recommend against holding more than 51% of any crypto coin or coin age, including that of TrustPlus.
I don't know if/why holding 51% or more of TrustPlus coins/coin age would have been recommended to anyone. I hope that TrustPlus will be allowed to develop based on its own merits if/as folks contribute code to this open source effort, as it is meant to be.
As I stated earlier, if blockstream's sidechains efforts are successful, I will be making an attempt and effort to incorporate that technology into TrustPlus as another open source contribution. You can learn more about blockstream's side chains at https://blockstream.comIf you're a technical person, the current state of open source available for sidechains elements can be found at: https://github.com/ElementsProject/elements |
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Indeed, holding 51% of a crypto coin in a single wallet/address can lead to a double spending security risk for that block chain. I sincerely recommend against holding more than 51% of any crypto coin or coin age, including that of TrustPlus.
I don't know if/why holding 51% or more of TrustPlus coins/coin age would have been recommended to anyone. I hope that TrustPlus will be allowed to develop based on its own merits if/as folks contribute code to this open source effort, as it is meant to be.
As I stated earlier, if blockstream's sidechains efforts are successful, I will be making an attempt and effort to incorporate that technology into TrustPlus as another open source contribution. You can learn more about blockstream's side chains at https://blockstream.com |
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Indeed, holding 51% of a crypto coin in a single wallet/address can lead to a double spending security risk for that block chain. I sincerely recommend against holding more than 51% of any crypto coin or coin age, including that of TrustPlus.
I don't know if/why holding 51% or more of TrustPlus coins/coin age would have been recommended to anyone. I hope that TrustPlus will be allowed to develop based on its own merits if/as folks contribute code to this open source effort, as it is meant to be.
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I had a question concerning the wallet. I have over 29k transactions in my wallet (according to https://chainz.cryptoid.info/trust/) and it has become sluggish. I have only had this addy since 4/1/2015. Firstly, does that effect staking? Secondly, should i create a new wallet and send my coins there or just send them back to myself at the same address? My wallet.dat file is ~20MB and I have a 6 core processor (4.2Ghz) and a SSD (850pro) if that helps you appreciate my situation. I actually upgraded to a SSD mainly for TRUSTplus staking (sluggish wallet), plus I really wanted one. In the past I just create a new address in a new wallet and that solves it (sluggishness). Also, does Stafur still work on the project? Haven't heard anything from him in a while. I stake on a RPi and host some stakers world wide on Virtual Servers. Some coins require more power than others. TRUST does use all of a 850mhz RPi, half of a RPi2. On windows it seems to use a 1/3 no matter what the system. This will become harder to stake as transactions and more people start PoSing. I have no problem hosting your wallet.dat file for staking. I am trusted members of crypto community for fixing and hosting wallet.dat files. Find me on twitter if you are interested and I can tell you your risk/options. Stafur is not active with TRUST but still has all of his credentials to work with the code. We thank him for his contribution of the Android wallet. He is a really intelligent person and hope he will rejoin once we have our legal status. For those that are wondering, while I wait to see how the coin, mitchellmint, and others progress, I am still working on open source python, Android, and qt wallets on my own time. On my own test network, I've already been able to test new protocols that would transition well to the live network. In particular, I am waiting to see the implementation of sidechains that use bitcoin core. Depending if their solution is more elegant than the proposal I have presented, I may or may not consider incorporating that code into my test network. So far the coin is working as designed and I would prefer to keep the number of updates that modify things to a minimum. As you may know, those kinds of updates and upgrades should be handled carefully and announced with plenty of time so as many folks as possible are on the same page. In the meantime, those who support this coin may be happy that it seems to be showing growth as it matures. You can learn more about sidechains as envisioned by blockstream here: https://blockstream.com |
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I had a question concerning the wallet. I have over 29k transactions in my wallet (according to https://chainz.cryptoid.info/trust/) and it has become sluggish. I have only had this addy since 4/1/2015. Firstly, does that effect staking? Secondly, should i create a new wallet and send my coins there or just send them back to myself at the same address? My wallet.dat file is ~20MB and I have a 6 core processor (4.2Ghz) and a SSD (850pro) if that helps you appreciate my situation. I actually upgraded to a SSD mainly for TRUSTplus staking (sluggish wallet), plus I really wanted one. In the past I just create a new address in a new wallet and that solves it (sluggishness). Also, does Stafur still work on the project? Haven't heard anything from him in a while. I stake on a RPi and host some stakers world wide on Virtual Servers. Some coins require more power than others. TRUST does use all of a 850mhz RPi, half of a RPi2. On windows it seems to use a 1/3 no matter what the system. This will become harder to stake as transactions and more people start PoSing. I have no problem hosting your wallet.dat file for staking. I am trusted members of crypto community for fixing and hosting wallet.dat files. Find me on twitter if you are interested and I can tell you your risk/options. Stafur is not active with TRUST but still has all of his credentials to work with the code. We thank him for his contribution of the Android wallet. He is a really intelligent person and hope he will rejoin once we have our legal status. For those that are wondering, while I wait to see how the coin, mitchellmint, and others progress, I am still working on open source python, Android, and qt wallets on my own time. On my own test network, I've already been able to test new protocols that would transition well to the live network. In particular, I am waiting to see the implementation of sidechains that use bitcoin core. Depending if their solution is more elegant than the proposal I have presented, I may or may not consider incorporating that code into my test network. So far the coin is working as designed and I would prefer to keep the number of updates that modify things to a minimum. As you may know, those kinds of updates and upgrades should be handled carefully and announced with plenty of time so as many folks as possible are on the same page. In the meantime, those who support this coin may be happy that it seems to be showing growth as it matures. |
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It may help the coin. I am going to Nominate Stafur for sure. Wow, thank you for the nomination! I'm really grateful for this recognition. |
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 did you see my Bittrex interface? Yep, looks good! |
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Not much new to report this week. Stafur is working on the QT wallet update, I am working on HTML (PHP) for the RPi. I will be in the IRC ROOM tonight if you have any questions. Thank you!
Travis
Hey Travis, Yeah, I'm working on the following: qt wallet update, auto trans via mobile wallet, auto trans via qt wallet, trust contracts, paypal integration, database integration. To name a few.  |
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Hello,
Just wanted to check in and let you know I am still actively working on automatic transactions and trust contracts. In the meantime please chime in and let us know if you have any questions.
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Hello!! Today I am happy to bring you the release of the beta for the TRUSTplus android wallet. You can download the android apk at the following link. https://www.dropbox.com/s/07wpzjpz1enjk3f/RELEASE-TRUSTplus-wallet-0.1.0.apk?dl=0Please let us know if you have any questions!! The wallet has the ability to report issues that may cause the app to misbehave, please take advantage of this functionality to let us know if you run into any!! Looking forward to your comments questions and suggestions!  |
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Today at 11:00 pm GMT I will provide you with an upcoming information update.
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Hello, I will be providing you with an update tomorrow at, Thursday October 16th at 11pm GMT. FYI, I am referring to an information update. I will be sharing our progress on the mobile android wallet. I apologize for any confusion. |
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Hello, I will be providing you with an update tomorrow at, Thursday October 16th at 11pm GMT. |
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I'm on zenportal there's a few options of hashlets to buy! Do they all support trustplus? & which are the best to buy? Also there's not a lot of info on zen portals site! Once you buy a hashlet can you change the hashing power whenever? Plesae
Right now this would be a manual process. That is, folks are mining bitcoin/litecoin with hashlets, then buying on bittrex. In time, as the development stage of trustplus completes, this process can be automated. The specifics are being worked out by MitchellMint with input on from supporters. |
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If you are using linux I would recommend using ulimit to set memory limits. Your computer would be safe from this and other problems. http://www.linuxhowtos.org/Tips%20and%20Tricks/ulimit.htmHope this helps. There should also be a way to do this in Windows. Maybe someone else can chime in to help you out. |
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