I guess the initial sync was very slow. Between my last post and now the wallet caught up. Guess I should have waited a little longer  Glad to hear it! Make sure to post an address for the giveaway: https://www.youtube.com/watch?v=JZr6i4Q7Ddo |
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Happy to do so. I think there's more potential in XSEED than in 99% of other cryptos.
I think the non-profit aspect of the coin alone puts it above many others in potential, particularly with Bitcoin recently being classified as a commodity for tax purposes here in the states. I agree. Also, given the international voice and credibility of the Rainforest Foundation gives BitSeeds something unique; that combined with the merchant service support we'll have up and running with Coin.co before the end of the year and the charity tax incentive (on top of the usual savings over credit card fees) adds a great incentive for merchant adoption. The whole combination of factors is what got me involved in the first place. Speaking of, I'm happy to finally reveal the first of the video tutorials that I recorded to help out the project and to announce the beginning of the two week giveaway. I've recorded 15 videos forming a complete intro cryptocurrency course using the BitSeeds wallet as the teaching example. We'll be releasing one a day over the next couple of weeks - each day, the first 50 people to post their payment address in a comment and share the video will receive 100 $XSEED. Each person will also get a single chance at the drawing for 5,000 - the results of the drawing will be announced in a new video I'll post about 1 week later. |
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Just a heads up to everyone; looks like we'll be starting the giveaway and the promotion rolling at the beginning of the week (Monday or Tuesday). Each day I'll be posting the latest video to YouTube and will post a link to each one here, on my Twitter account, and on the new thread I'm starting over at Cryptocointalk. The Rainforest Foundation will be also promoting each video on Twitter, Facebook, to their newsletter, and elsewhere, and we have some partners who will be boosting the signal a bit so it reaches a large audience. If you want to help out, please RT any related Tweets made by me on my Twitter feed: https://twitter.com/PlainTech/and the ones the Rainforest Foundation on theirs: https://twitter.com/RainforestUSand the Bitseeds official Twitter account run by Gabe: https://twitter.com/BitseedsAny tweets you make about it please tag with the $XSEED tag ($ not #) Also be sure to share on Facebook, like the videos, and generally spread the word. We're giving away Bitseeds and knowledge of how to use crypto. Anything you do to help raise awareness of the project helps the price and the price helps the mission of the Rainforest Foundation. |
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So basically it'll be just 10 Bitseed per block with a very gradual and steady tapering off over about 99 years. Slow and steady for the long term.
Thanks for clarifying, this all sounds good - looking forward to XSEED coming back to life, there's potential here for something interesting in crypto. Happy to do so. I think there's more potential in XSEED than in 99% of other cryptos. And I'm not saying that because I'm involved in the project; I'm involved in the project because I saw that potential. Definitely looking forward to things getting moving - we're just ironing out a few details and getting everything coordinated before we really get things rolling in the next few days. An exciting time! |
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We will be reintroducing POW starting with block 8800...
Do you have a mining schedule for this? I'm just hoping the rewards are such that early miners/investors aren't punished by a mining schedule that will create millions of new coins in a short amount of time - my hope is that the new coins would have a "mining cost" greater than the old coins? Thanks! I don't think you need to worry about that. I'm personally not a big fan of hugely inflationary coins, or ones with short mining periods, and Gabe and I both wanted to stick to the original design concept as much as possible. So we're essentially returning to the original schedule which you may recall ended up with Block 26131 - Onward: 10 Bitseed, Reward reductions follow at a rate of 0.0025BITS every 90 days for 400 reductions, or 99 years.The block numbering was reset when it was relaunched as a POS coin and we are currently on block 7634 as I type this. We wanted to give a little time to make sure everyone had a chance to update to the new version, which is why we picked 8800 as the starting point. It also gives us some time to talk to a few pools and get them on board. So basically it'll be just 10 Bitseed per block with a very gradual and steady tapering off over about 99 years. Slow and steady for the long term. |
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Two quick notes for Windows users:
If you get an error message (runaway exception) when you install the update to Bitseeds, make sure to UNinstall the old version first through the Control Panel or the Bitseeds folder/submenu in your Start Menu.
Secondly, if you try to open the application after installing it and get a different error like "a fatal error has occurred" or similar, then you need to delete everything except your wallet.dat file from the Bitseeds settings folder located in the /appdata/roaming folder
Easiest way to do this is to go to the search box in the Start Menu and type
%appdata%
and hit Enter. This will open the folder containing the one you're looking for. Look in this folder for the folder named Bitseeds, open that, and then put everything in the folder except your wallet.dat file into the Recycle Bin and then open the Bitseeds application again.
This seems to be an extra step that I see fairly often for QT wallets for a variety of coins, so you may be familiar with the procedure, but I just wanted to explain it here for those who don't know the process. I also just recorded a new version of the Windows install how-to video (part of the course we'll be releasing with the giveaway) to cover these steps for those who need it.
Hope that helps.
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Mac Qt no work for me  Did you try both versions? Does it give you an error message? Go to About This Mac from the Apple Menu and tell me what version of OS X you're using, as well as the processor and memory so I can pass it along to our Mac wallet guy. EDIT: I've been working with our Mac wallet guy testing various builds and sending him the crash reports so he could figure out why specific older model Macs were having an issue. Late last night/early this morning he figured it out and he's working on a fix which I'll post once it's available. My guess is it will be later today (Monday the 14th) but we'll see. Tuesday Edit: Got a PM from him this morning and he's still working on it - he's basically recreating his build machine from scratch and it's a pretty complicated setup process. Once he's done he'll send me a test build to run on my older Mac Mini test machine to make sure it's working before we post updated links. Keep in mind the existing wallets should work for most people; we just want to make sure it works for everyone. |
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OK everybody, our new dev has sent us the updated code and a Windows wallet. I'm doing some testing and I've passed the code along to MystPhysX to build a Mac wallet for us. Once everything looks good, I'll post download links here and we ask you to please update. We will be reintroducing POW starting with block 8800; if you know anyone interested in running a pool, please let them know. I'll also look back at the earlier posts in this thread and contact the people who ran one before to see if they'd like to again. Don't think ispace.co.uk ran a bitseeds pool before, but I want to contact them about it too since they're pretty much my favorite pool and I'd love to see Bitseeds mined there. In the mean time, here's a basic explorer you can check out (we're working on an Iquidus-based one with more advanced features). http://explore.cryptolife.net/bitseedsI'll most likely be starting a new ANN thread soon as well since we're locked out of the account that started this one. Will be back soon with more. |
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Sorry for the slow response, guys!
No problem at all - I'm glad that things are still moving with XSEED, and it's good to hear that there is finally a new dev involved in the project. I would really love to see this coin overcome the stain of Bryce Weiner's poisonous involvement and rise to become a successful crypto use case for a solid charitable cause. Best of luck, and looking forward to more updates! Thanks! |
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Good to hear, not familiar with Hazard's work but seen his name around here quite a bit. I assume when the network and coin issues are sorted out we might start seeing marketing and promotion again?
Absolutely. If all goes well we want to pick up where we left off as soon as next week. Approximate timeline: Week 1 & 2 - daily release of one-three related videos on using Bitseeds (or any crypto wallet), forming a full course that can introduce complete newbies to cryptocurrency. Each video will be paired with a giveaway to the first people to share the video and post their Bitseeds receive address; approximately 16 videos total. The videos will be promoted to my own newsletter of about 25,000 email subscribers as well as by the Rainforest Foundation to their newsletter, Facebook, Twitter, etc. Week 3 - announce the winner of the drawing (each person submitting an address above gets an equal shot in the drawing) Week 4 or 5 - very cool new and unique Bitseeds-based product that's been planned since before the April launch should be ready around this point (more details to come) About week 8 - our merchant service provider should be ready to allow stores to accept Bitseeds as payment, saving them merchant service fees compared to credit cards AND providing the merchants with a charitable tax deduction. Great incentive for merchant adoption. And there are a few other smaller things along the way. Should keep things busy right into the holidays. |
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any updates dev ?
None at this time. Maybe some day soon. For now i'm trying to revive buy support. I suggest starting by getting Cryptsy to revive deposit and withdrawal support. Nobody wants to trade what they can't move on or off the exchange. |
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Good news, curious to know who the new developer is, I'm sure you narrowed it down to someone good.
Any updates on the new dev?
Sorry for the slow response, guys! |
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Well. I guess somebody became a Bitseeds whale today.
3.57 BTC volume and over 275,000 bought, vaulting us up to the second page on Bittrex!
Is there a working blockchain explorer? I would assume that large purchase was someone self buying unless we can find a transaction of ~275K moving from a bittrex address shortly after the buy up. The distribution tab doesn't seem to reflect it. We'll have an explorer in a few days, so you'll be able to check if you're still curious. It was obvious selfbuys. Someone has been cockblocking the market with a large sell at 1400 for weeks and weeks now. Thankfully though the sell is down to 90k, and he's moved the cockblock down to 1000 satoshi, so hopefully he'll be bought out soon and we can proceed upwards.
I know who the guy is with the 114,000 (I think it was originally) wallet that has been selling them off - he's about the only person who's been using the $XSEED tag on Twitter. Don't think he was doing it to hold the market down; just not ready to wait for the new version, which is fair enough. Looks like he has about 32K left... suspect it'll be gone soon. Though he may regret not waiting. |
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OK, guys. Sorry for the long overdue update.
Basically the dev we thought we had working for us vanished without a trace. One day he was talking to me and to Gabe saying he was starting on it and then we never heard from him again.
No idea what happened, so I won't bother speculating. I kind of had a very slightly iffy/flaky vibe about the guy from the start, which is why I think I decided not to give his name at the time.
BUT the good news is that we've just hired Hazard, who's been developing and supporting altcoins for at least a couple of years now. We're expecting to have the update with a new explorer and wallet available around the end of the week. He doesn't do Macs, but we've got two different devs who've offered to build OS X wallets for us - I'll let you know which one we end up going with in a few days.
Really happy to be moving forward again after the delay!
I'll be back with more updates around the end of the week including info on the much-delayed release of my new crypto course that will help teach the newcomers discovering crypto for the first time through the Rainforest Foundation's giveaway.
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Ready for more orders.  Just PMed you. |
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Well. I guess somebody became a Bitseeds whale today.
3.57 BTC volume and over 275,000 bought, vaulting us up to the second page on Bittrex!
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