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Does this coin have a future or is dying a slow death?? Anyone like to update please??
It cannot really go any lower than this, so if it ever gets revived, the upside is multiple-100%, while the downside is at most -50% (if you can buy at 2 sats), so make your choice. That feels like you are saying "your dog cannot get any sicker than this so why have it put down" or something like that :S |
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Yeah Kaspersky goes Trojan crazy for this wallet release. Instawipes it before I can do anything about it.
False positives for Bazon.a and IRCbot
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@coolbeans Your whole argument is that people with small amount of coins can never stake. This is incorrect. With POS 2.0 staking becomes like solo mining, you are guaranteed a stake but it will take much longer if you have less coin. Also as you accumulate coin age by being online the longer it takes for you to stake, bigger the reward. Its just that it will be less frequent with small amount of coins. Also with POS 1.0 people arent securing the network but still getting the rewards. You get rewards for processing transactions & securing the network, that happens only when you are actively staking. Also one of the argument for POS 2.0 was that those who are investing large sums of money to back the coin are trumped in staking by others who just come online to collect reward but provide no service for 99% of the time. Although i am not at all for big investors so this is not something i am worried about. For those who are worried about keeping their PC on all the time, people are running nodes & minting PCs on Raspberry PI like computers which could be a good investment if you stake more than one coin. Another way around low staking % is to create dedicated staking group from community members who create some reasonable weight say, 20-30% all the time during the 20 day staking cycle. This might not seem like a problem right now as we are in our infancy but if MINT goes big people will have incentive to fork the network. Fluttercoin created a good scheme by paying people to keep their wallets open via a bounty fund. That is another way to incentivize people to stake. Thanks for keeping the discussion going.  Just to chip in, keeping 24/7 wallet uptime is not a hardware limitation for me, it is due to circumstances that frankly need no elaboration save to say that they render it an impossibility, even if that were not the case the mere suggestion of having to buy dedicated hardware to leave running constantly is huge turn off, and will be for a lot of people. You say "but if MINT goes big" however a system that requires constant uptime will be a good reason why for an "average" or "uneducated" user it will not, because most will not care about security considerations but will focus more on convenience and practicality. There has to be a certain amount of pragmatism involved in considering this. |
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POS 2.0 is very off putting by the sound of it, from what I have picked up from this thread, and of course I may be wrong, there is no way I would be able to stake - my client is open for most of the day, but importantly not ALL the day. It would prove utterly unviable and makes the coin seem, at least from my n00bish view very inaccessible.
I've been on this coin's wagon from pretty much the start and if it's such an unpalatable concept to me (a non-hardcore but dedicated minter) imagine how it looks from the outside, for people who cannot dedicate that kind of up-rig time to staking but who wish to get involved, it basically negates away one of this coin's major selling points.
If you can't stake then what value does Mint have to a user? I would certainly have very little incentive to open my wallet at all.
I'm not very au fait with the security risks that people feel that it would address, but surely there has to be a compromise point between making a coin seem so hard to get into and maintain that it puts people off and surely stymieing its potential growth and managing any inherent security considerations?
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I was having a similar problem on 2 of my rigs, after a lot of trawling the web I found something that helped me.
Try shutting down your mint wallet and running a different wallet/qt, any should do -I used cinnicoins wallet myself. I didn't have to sync it up, just get it running, leave it till it started to connect and then shut it down and run my mint wallet after that. It was like qt was stuck trying to do something and the only thing that would sort it out was that.
It works every time on my other pcs, if I don't do it I get maddening app hangs and a eventually a crash to desktop. Even if i wiped the wallet and installed a fresh one it was still happening.
It happened on 2 of my 4 rigs and I use the same thing to fix both of them.
Have you had any crashes/unexpected shutdowns on those pcs?
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My wallet just minted, which is cool, however I only sent coins to this wallet 10 days ago - it's never done that before, always been around 20 I think.. surely that isn't right?
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Do i need to worry about this checkpoint too old message?
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Question: Could I copy the chain files from the wallet that works when it is up to date into the other wallet to see what happens, would that work? Then that way I could eliminate the chain updating as the issue and try and identify where I have fluffed it maybe
Yes, First Steps 1st backup your walletsOne thing to try first , is rename the wallet.dat file and let the PC create a new one, if the mint software then works normally, you have too many blocks in your wallet and should use coin control to combine them to less than 200 blocks total. Have seen someone with over 2000 blocks have the kind of issue you are describing. if this worked , try running a mintcoin-qt -salvagewallet command to open the wallet with coins in it. Ok if it was not the wallet.dat, here is the fun part.  If you had a crash before Run Chkdsk c: /r/f from the CMD Prompt ( it will reboot and check the drive), it will take some time as it will check every sector of the hard drive and repair any problems. Delete all of your Temp files in c:\users\%UserName\appdata\local\temp\ & c:\windows\temp Open Cmd Prompt with Administrator rights and run sfc /scannow this makes sure your windows files are ok Next Copy the Entire Mintcoin Directory C:\Users\"username"\AppData\Roaming\Mintcoin to the PC from the working PC. (Has to be the same versions to work) "username" may be different , but that user must have administrator rights Boot up and open Mint only , no other wallets or software, if it is not active in under 5 minutes , then reboot the PC and hold down the F8 key , enter SAFE MODE with Networking Only the bare minimum drivers are loaded. Open Mint again and if it works you have a software conflict with another piece of software either a driver or program in startup. If that is the case you can go to a command prompt and run msconfig and disable stuff in the startup, until you find what it is. Or you can skip all of that and use another PC or reformat that one.  FYI: If all of the Above Fails Call a Priest, because that PC needs an exorcism. Thanks for that I'll give it a whirl |
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Agreed, it is odd, I've never had this trouble on any other rig with any other wallet, I've left it "updating" with the chain download and without over a period of several days. I think its some kind of software blip, on that particular rig, I have had other wallets working just fine on that machine but the Mint wallet just won't have it.
Either that or like I said the issue is with the user lol
As it happens I've just obtained a couple of cheap and cheerful rigs which I will just use as permanently on wallet machines, they aren't much good for anything else so I can try the install on a different machine and see how it goes
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Dammit! Thanks for the reply anyhow |
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That's the exact problem I had on my other rig when i tried to install the wallet, fortunately the one holding my Mint is fine on a different pc.
I just cannot get the wallet to work at all, I left it in that state for several days, downloaded the chain and used the bootstrap and it just won't have it. Guess I'm only using Mint on one rig lol.
It's weird, as the rig that hold my mint -as of the last few months- gets turned on only every month or so (for reasons far too silly to go into) yet it updates within an hour or so, but on the other rig when I use a chain thats only a few days behind it leave it running for days it remains locked up.
Im sure the error is with the user, but I just cannot figure it out.
Question: Could I copy the chain files from the wallet that works when it is up to date into the other wallet to see what happens, would that work? Then that way I could eliminate the chain updating as the issue and try and identify where I have fluffed it maybe
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:edited to make sense:
I tried setting up a wallet on a different rig and it was doing the same thing.
Originally I tried a clean install and after 5 days figured something was wrong.
To try something else I then downloaded a recent blockchain and the bootstrap and left it chugging for 5 days and just gave up on the thing, I don't get it, my main wallet on my other pc had not been opened for 8 weeks and caught up in a few hours, but downloading a very recent blockchain was taking days, even with the bootstrap and felt like I was getting no where.
I figured it was just catching up but I don't get why it was trying to take huge a huge amount of time. I just assumed it was something I was doing wrong lol
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It's gone mighty quiet around these parts, are we ok?
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Ok, in between tasks at work I have managed to spend a few minutes following those links, I understand the premise a lot more now. I think it would certainly help -if it is to be a selling point of the coin- to have some information for the uninitiated such as myself to digest to show it's value.
For newbies and strangers to such concepts it could be a bit of a missed marketing opportunity not having clear information on planned aspects of the coin like this. Having something clear and accessible as a supplement to any goals or marketing would help make the coin and the coin's objectives easier to understand and more attractive to 'fresh blood'
Thanks for the help guys
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Thanks guys |
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For those of us who are not so knowledgeable, can someone link me please to a breakdown of the benefits of becoming an NGO even if this is disparate and spread over a few links. I understand it is something that hypes everyone up, but I personally am ignorant to the benefits (through a lack of understanding etc). It feels like it is a major goal/ambition of the coin, but i think it is poorly understood, certainly to folk like me who are more...casual. This is not a sarcastic question, it is genuine. I have held a couple of million MINT for a while now because I like the sound of the overall goals, but just lack the breadth of understanding that some of you guys have Alternatively if someone can just treat me like an idiot and break it down for me that would also be appreciated lol  |
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