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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MINT]Mintcoin V1.10, Energy Saving Coin *27 Exchanges *60 Merchants
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on: July 04, 2014, 04:37:22 PM
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whats the news with the android wallet? also made this   Mint Me - MfnNGozdXuY8MQHt8V2hM7smBGVdnLBN4y not sure what ever happened with that i still think a minting android wallet is the best thing to develop. we are moving into a world of mobile devices I think the wallet is still being worked on, it will be a great addition to mintcoin! oh okay, yeah i agree it also show dedication to the coin. i guess id rather wait and have it work well rather than be ready now n buggy. |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: About my involvement in Mintcoin
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on: June 07, 2014, 03:42:24 AM
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The wallet shall be completely revamped, it is terribly unoptimized. Look at zetacoin's wallet for a faaaaast wallet. Why Mintcoin's wallet is so dull is beyond my understanding (no, this is not because of PoS; I have other PoS wallet and they work fine).
If Mintcoin had a wallet like Silkcoin has (Best wallet out there...bar none) it would really add a lot of life to Mintcoin. Their wallet is quite fancy and does so much more than just hold your coins. If you haven't seen Silkcoins wallet, I encourage you to download it and have a look at it. +1 for this i seen their wallet the other day and its by far the best wallet, we defiantly need a wallet like this or at least make it look a little more professional. |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MINT]Mintcoin V1.9.1, Energy Saving Coin *27 Exchanges *57 Merchants
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on: May 16, 2014, 06:29:37 AM
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. As someone that's been using faucets to obtain Mintcoin but hasn't actually gotten involved yet... someone sell me on it. Why should one make the move? Why this coin?  . why this coin? of the top of my head 1. pos rate is awesome 20% first year 15% second year and so on (you could live of the pos rate if price was high or if you have a lot of coins) 2. 50+ merchants + a lot of exchanges 3. we have hit our floor, price should jump soon 4. mintcoin has a positive and a very helpful active community 5. the mintcoin community donates coins to various charity's 6. mintcoin is young, its still a baby it has so much time to grow and improve (android wallet soon ) 7. the devs are great they are working on new things for the coin as we speak 8. very fast transactions. this is massive, if a coin can be transferred fast and securely then there is no limit as to how far the coin can go. 9. NO MINING!!! NO HIGH POWER BILL!!! + alot more make the right choice, mint your future!  |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MINT]Mintcoin V1.9.1, Energy Saving Coin *27 Exchanges *57 Merchants
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on: May 15, 2014, 08:04:37 AM
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Android wallet update 6: Good news!
The following is the first transaction ever received and forwarded by mintcoinj  http://mint.blockx.info/get/tx/68fec0ad06a76d1d37de929e14b6ad6d17352b715de4f5bcce648333e9bc4a9c What's included & currently working in mintcoinj: - The first POW+POS java bitcoin library
- A TxTracking blockchain & blockstore implementation: a compromise between Full Pruned Block Chain and SPV Block Chain
- Like a Full Pruned Block Chain, it keeps track of ALL unspent transaction outputs since genesis block. Removes unnecessary old data.
- It only verifies scripts of coinstake transactions (1 coinstake per POS block), so CPU-wise it is light-weight like a SPV Block Chain
- Unfortunately, it is not as lightweight as a Simple Payment Verification system, but technically there is no way to make bitcoin-SPV style for a POS coin security-wise.
- Processed data holds around 67 mb on disk (as of block 343262).
- Proof of Stake Protocol (PPCoin v0.3) :
- Blockchain calculates stake modifiers correctly
- Blockchain calculates and verifies stake hashes correctly (Modifiers mentioned above are required for verification). This guarantees the core security of a POS coin.
- Block signatures are supported and verified (PPCoin protocol requires each block has to be signed by owner of coinstake to prevent replaying attacks)
- Various security aspects handled due to being POS coin:
- Attacks caused by flooding side chains with invalid POS blocks (blocks that have correct header difficulty, but don't match coinstake protocol) are rejected on receipt, so the low block header difficulty won't cause attacks (Normal bitcoinj trusts only header difficulty, as expected for a POW only coin. This is not the case for POW+POS coins)
- Similarly, flooding side chains with unverifiable POS blocks (blocks that have correct header diff, but unable to verify/reject coinstake due to the output being spent&removed on main chain) are prevented due to ignorance of their difficulty. A side chain can overcome the main chain only if its *verifiable* blocks constitute a greater amount of work. Unverifiable blocks count as zero work (Until side chain becomes the main chain, where every block will be verified one by one on reorganization)
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