Guess what? Mintpal updated to DB - DistroBlitz. Go VOTE people! |
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It's back to the normal diff level. Weird?
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How about creating a new thread and ask for new features / services and we can all donate to compensate?
1. Tweeter / Thunderclap
2. Faucet
3. Games
4. Rich List
5. Mintpal voting
6. Multipool (next year?)
Any other ideas?
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I got my first set of stake coins without a conf file. Didn't do anything beside unlocking the wallet. Yayyyy
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Well if we do not get these minting then we will have nothing to gain interest on in the first month. I think it has something to do with your conf file and your name and your password and maybe even the port. I have gone through these forums looking all over the place and maybe there are many different ways depending on how the coin is set up. I don't know. I can not find a clear answer. People keep saying wait on this or that. I would just like a clear answer for this coin. Looks like it has kinda been asked and DistroBlitz said something about passphrase and user and password and 99999. I am assuming that ALL of that info is on the conf file. All I put on mine to begin with was that node list and then I added the latest addnode= to the top of the list. I just wanted to get the wallet working and all. It is working and synced so I am going to add the info to the conf file that goes above the addnodes. That is why I asked for someone that knew what they were doing to get this wallet to start trying to mint for us. Maybe only DistroBlitz knows for this coin. Anyway, I have encrypted since it synced up so well now just to work with the conf to get the minting started. Also, this has already been brought up but it scares the crap out of me knowing that this wallet is not up to date and protected from that heartbleed thing. A new wallet is needed badly. Especially if we are going to have to be leaving the wallet open for it to mint. Thanks
No worries. I'm sure DB is working on the SSL issue. There's an unlock button on the wallet and you can just click on it and unlock for mint without leaving the wallet open. |
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You're right but you might not get more than 12.5% annual interest counting staked coins.
[/quote]
Thanks, but did you mean "more than 50% annual interest". 12.5% would be the relative interest earned in 3 months ( 1/4 of annual)... no?
[/quote]
Unless I missed the updated specs which is not on the first page. I was thinking 12% for the year, but if it's 50% then we'll get an average 4.17% monthly total of 50% annually combine stacked coins.
Algo : POS
Pre-mine: 100%
POS stake: 12.5% first year. 3% 2nd year; 1% forever then.
Coins mature in 8 hours.
Block Target: 60s
Total supply: start with 101,000,500 (# of Blitzcoin in circulation)
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Will someone who's coins are minting please show your conf file to me and then tell me what else I am doing wrong. It has been 8 hours on some of mine. I would just like to see it happening. I have never minted coins before. I always went for the ones that didn't have that option. I have seen the question in other threads also so I am not the only one. I am probably doing just something small wrong. Thanks
I'm not sure what the dev has set, but 8 hours is just for coins to mature. We will need to leave the coins in the wallet for a certain days for them to start minting. Remember, it's more than 1% a month, better than any banks out there  I am no expert on POS minting, but here is my understanding... yes, the min stake period is 8 hours, so what this means is that your coins have a possibility of minting a block once the 8 hours has past, but not guaranteed. I think POS minting is similar to POW in the fact that you can have a long draught of no blocks or you can hit 3 blocks in a row, depending how lucky you are at the time. i also believe the longer your coins have stayed in your wallet, the better chance they have of minting a block. your chances of minting a POS block is a combination of the amount of coins you have and also the coin age... 1000 30 day old coins will have a much better chance of minting a POS block than 1000 8 hour old coins. i still need to do some reading on this as I have been pondering on similar questions recently. if what I said above is true, then wouldn't the interest gained (50% annual rate for the next 3 months in this case) be an average number and not finite. if I got lucky for the whole 3 months, could I end up with 75% interest ? or if i was unlucky I could only end up with 25%  ? POS minting is very interesting and my understanding of it is still quite limited, if anyone else can further explain or discredit what I have said, please go for it. You're right but you might not get more than 12.5% annual interest counting staked coins. |
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Will someone who's coins are minting please show your conf file to me and then tell me what else I am doing wrong. It has been 8 hours on some of mine. I would just like to see it happening. I have never minted coins before. I always went for the ones that didn't have that option. I have seen the question in other threads also so I am not the only one. I am probably doing just something small wrong. Thanks
I'm not sure what the dev has set, but 8 hours is just for coins to mature. We will need to leave the coins in the wallet for a certain days for them to start minting. Remember, it's more than 1% a month, better than any banks out there |
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This community thing sounds like cool idea. Creator of logo is same artist who created pinkcoin logo ?  lol; it's me :p made it in 15mn because i needed a logo fast. I'll open a logo contest soon too; and a wallet redesign. If someone can make a mac wallet; we will consider adding a bounty to that too. I may be afk a bit today; i spend my week on DB relaunch; so except if there's problems; i think i will chill a bit today if you guys can excuse me :pLegendaryAnvil will take care of the test giveaway today i think; he will be back later for that. I ask him to make this public with a google doc. I want transparency with that coin. We would need to find an escrow and a protocol for the community to claim coin from him. I thought about making a foundation; with like 3 people elected; to keep an eye on DB future project and to keep things transparent. If i can (slowly) go away from the head team; i think that is better for the coin and for the community or I'll be harassed by trolls and FUD spreaders. If I give that premine to the community; i think the transparency target will be reached  You are heavily encouraged to give your ideas and thoughts here; and be part of the collective. If you have any question; don't pm me. Ask the question here; I could answer for everybody Check your PM. I sent it before reading this |
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how to mine this coin? pool? algo?
Can't mine it but you can buy them on Bittrex. We will have a multi pool soon. |
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Does somebody tried already to withdraw Distroblitz from Bittrex. It doesn't seams to work for me. I've double checked that the withdrawal address is correct, on Bittrex I can see the TXID in the Withdrawal History and the withdrawal status is Completed. On the https://bittrex.com/Status page the Bittrex's DB wallet reports the same block height like my wallet and it's growing at the same pace so it looks like we are on the same chain. I've tried to re-download the block-chain, and also installed a new wallet on a new machine, imported the private key, but still nothing. Does somebody has any idea/suggestion ? Should I contact Bittrex? I received all my coins from Bittrex. Can't wait for tem to mint. If you used the correct address, they'll be there. |
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Hold steady with a higher price we know DB is worth it!
Better yet buy a little.
Yes, hold out for a high price, don't sell cheap. I'd think less than 1000 sat is a bargain. There ain't many of these coins around beside DistroBlitz himself at this moment. |
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No- I was solo mining just for fun. I'll be in IRC in by 6:00 MST just don't :p that is useless; in fact that is bad until coins are distributed; so better not do it :p thanks (i was a bit afraid that mining was hardcoded by mistake :p don't do that again; i'm a bit nervous waiting for the swap to be done to chill) No worries, stopped when I see a bunch of them 0's. |
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No- I was solo mining just for fun. I'll be in IRC in by 6:00 MST |
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Sorry @DistroBlitz, I didn't tried to sound like jerk. I just was surprised when I opened debug window. I thought latest ssl version is always the safest, so I guess I'm wrong... [sarcasm] Yeah, I'll dump my 300 coins to ruin the market! [/sarcasm] but seriously, I'm not going to dump, I can only try to compile linux wallet, but as You already have it, I can't be much of a helper...  Ah - Debug windows. I never paid attention to what's in there  |
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OpenSSL 1.0.1e 11 Feb 2013 --- seriously???
Open ssl 1.0.1e is not affected by heartbleed---> http://heartbleed.com/That's why + you know that i'm giving my money and time to put this up ? can't you simply be cool and ask question more than "seriously" ? that would be kind to have a bit of support; are we a community yet ? or a bunch of assholes who wants to dump their blitz using distroblitz ? There might be some few bugs YES; but we can resolve them together maybe ? We would be the first true community coin; rather than a community following a dev. +1 for the community effort. However this is on the HB website: OpenSSL 1.0.1 through 1.0.1f (inclusive) are vulnerable |
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