YObit is updated now!

Exchange   &  Status:
1) BANX.io       ACTIVE
2) YObit           ACTIVE
3) Cryptopia     Maintenance
4) Cryptsy        Not looking good

Exchange    &   Status:
1) BANX.io       ACTIVE
2) YoBit           Maintenance
3) Cryptopia     Maintenance
4) Cryptsy       Not looking good

Yes, the block explorer kicks ass!

Lets see if we can get some feedback from other cryptocurrency enthusiast over on Reddit.

https://www.reddit.com/r/CryptoCurrency/comments/40t997/posp_live_in_cbx_status_update/

Community assistance/suggestions needed:

One obstacle realized with the announcement and release of PoSP is a difficulty in communicating clearly and concisely what it is, what it does and why people should care. I am biased of course, but I honestly cannot think of any existing cryptocurrency algorithm that is better designed. PoSP accomplishes all of the tasks that originally attracted me to Bitcoin but in my opinion, does them better. I think most who understand PoSP now will agree with my sentiment.

So... does anyone have suggestions of how to best summarize PoSP so that people can quickly understand it?

What helped you understand PoSP when it was first explained to you?



One idea I had was a short video (30 seconds) that somehow conveys PoSP with images alone so as to avoid language barriers...




Brainstorm time.....

And now this notice at Cryptsy:


Important System Notification

Phishing Attempt:: There is a phishing attempt going around prompting users to go to a cryptsy-refund website. Do not go to this website or give your login details on any website other than the official Cryptsy website. There were two avenues of the Phishing attempt. One was via SMS, using our provider Twilio and gained entry into our logs and sending ability via a weak password on that account. The passwords on this account have been secured. The other avenue was via email using the same mailing service we use (Mailgun), but was not sent using our account. It is uncertain where the email list for this Phishing attempt was attained from, as we do not show any unauthorized access to our Mailgun account nor our internal systems. We are still investigating this matter. If you were a victim of this phishing, you should log into your account at Cryptsy immediately and do the following: 1. Change your password and enable 2fa if you don’t already have it enabled. 2. Check your pending withdrawals, we currently have withdrawals disabled so if you see one that shouldn’t be there you can request to have it cancelled. Regarding other issues that have been apparent at Cryptsy for the last couple months, I will be making another post to explain what has been happening in the next couple days. BigVern UNTIL WE ARE ABLE TO DETERMINE EXTENT OF THE PHISHING ATTEMPT, ALL WITHDRAWALS ARE PAUSED

Looks like Cryptsy was 'attacked'.

Important System Notification

NOTICE: UNTIL WE ARE ABLE TO DETERMINE EXTENT OF ATTACK, ALL WITHDRAWALS AND MARKETS ARE PAUSED


Hmmm

Agree, this is on the to do list. For now, you can do a manual conversion by taking the data from the block explorer and plugging it into below equation to get the Current PoSP Interest Earnings Rate based off of the last 1k blocks.

0.02/x

x = Stake % found here on CBX block explorer

FYI- currently Banx.io is the only exchange that is updated to v2.3. If you are looking to trade / deposit / withdraw, please use Banx.io

Will update the community when the other exchanges are updated:
- Cryptopia
- Cyptsy
- YoBit

If you trade at any of the listed exchanges, please help by submitting a support ticket or tweeting the exchange to try to encourage them to upgrade to v2.3.

Thanks!

For the last 1,000 blocks, 28.2% of the network is staking.

This means that those participating in staking the last 1k blocks are being paid at a yearly rate of 7.1% for their service of securing the network and processing transactions (simply keeping their Vault online and unlocked).

Due to PoSP, this is occurring while growth of the money supply is holding steady at its fixed 2% inflationary rate.

2% / 28.2% = 7.1%




Thank you to those who are participating and earning this compensation for their contribution.

Also, anyone can participate. No mining equipment is necessary, no mining farms to compete with.

If you want to join in, you can purchase CBX on one of the supporting exchanges, move your CBX to your personal Vault and after 1 hour you can start taking advantage of these earnings.

I have reached out to Yobit to confirm they have updated to v2.3 but it sounds as if they have not - otherwise your deposit would have shown up... No response to your ticket yet?

 
Get the bootstrap from the website, close your Vault and replace those files in your roaming folder. Once complete, restart your wallet and let it sync for the last few days (bootstrap is through Jan 6th so will not have to sync long).

https://mega.nz/#!0UYEDCpK!pKZCy_vA9xHPP8NlnK7nQQI4gaRGn_RlzWGQ2yI2g6c

Banx is really good with keeping up with wallet updates. At least for CBX they have been the most responsive and even proactive. Reliable exchange from my experience.

Yobit I have no experience with but I was informed they have updated their wallet so you should be ok there as soon as the required confirmations go through. Did you check you transaction on the block chain?

Cryptsy and Cryptopia CBX wallets are still in maintenance since they have not updated yet. On those platforms we can only submit support tickets and wait for them to address.

I know he is working on it, not sure if complete yet but it is getting addressed.

The build is not compiled and published yet but will be shortly; 50% less memory usage on my machine.

Good news regarding the memory usage issue guys. Alex gave me a test build that is stable at 450MB on my system (unlocked and staking). My memory usage with previous Vault was over 1,000 MB so quite an improvement.

Is this a brand new install?
v2.3?

Upgrade from?

No minimum, just keep your Vault running and unlocked. Let us know how you do and welcome aboard!

P.s the more you have the more likely you are to generate PoSP blocks and of course the more often you will.

Great to see you back my friend! We had planned to refocus on PoV now that PoSP is released so impeccable timing! Welcome back!