We already have several hundred coins enrolled into the Alpha Test. I'm beyond impressed with the response! Please post your updates. If you are staking while you have your local wallet closed, etc Thanks to everyone who is helping us test the Virtual Offline Staking at http://mmxivcoin.com/stake.html
|
|
|
I admit that I may not understand what this is, but I think simulated staking isn't quite the right description. I thought of simulated staking like simulated stock trading meaning the money and trades aren't real. Usually something simulated isn't real. I think what you have developed might be better described as virtual staking?
Either one works. Changed it all to Virtual since that may sound more clear
|
|
|
Please understand this is only open for Alpha Testing: http://mmxivcoin.com/stake.htmlNo coins will ever be lost, but there may be downtime. You are still able to use the coins in your local wallet while using simulated offline staking How secure will our private keys be on your server/website? I actually just added a little popup to answer that question on http://mmxivcoin.com/stake.html near the bottom after I wrote the response here
|
|
|
Please understand this is only open for Alpha Testing: http://mmxivcoin.com/stake.htmlNo coins will ever be lost, but there may be downtime. You are still able to use the coins in your local wallet while using simulated offline staking How secure will our private keys be on your server/website? They are only passed to me once and discarded as soon as they are live. It's no different than using an address you generated on an exchange, except you have total, local, live in your client control over this one, too. There is no connection between the website and the actual nodes as of right now, so any submitted prior to automation (if we go that route) won't have any correlation at all. They will also be spread out among many, many nodes, so even if one does become compromised, it will not be for a large amount I'm still undecided on whether I want to automate this system or not The reason we are offering this service is to make sure as many coins are staking as possible at all times. Not only does this secure the blockchain, but it will ensure every holder is earning their estimated 0.96% weekly interest, whether they have their local client running 24/7 or not
|
|
|
Please understand this is only open for Alpha Testing: http://mmxivcoin.com/stake.htmlNo coins will ever be lost, but there may be downtime. You are still able to use the coins in your local wallet while using simulated offline staking
|
|
|
If the wallets are offline how would blocks be found, or will there always be a wallet open somewhere?
Eligible addresses and selected coins will always stake while enrolled in this service, even if the owner's local client is closed
|
|
|
I thought one of the perks of staking was requiring wallets to be open and creating more connections to the network. I am new to alt's so all of this is new to me.
That is to keep transactions flowing. Blocks are found when coins stake. Coins only stake currently if the wallet is open
|
|
|
We've been doing a lot of testing today with a simple way to simulate offline staking. All the tests have been working 100% flawlessly so far
If successful, this will also provide an easy way to integrate your earnings from the multipool to automatically generate stake
Don't MP earnings start staking as soon as they reach our wallets and age the appropriate time? Yes, but you have to have your client open to earn stake. If you choose to opt into something like this, you will stake whether you wallet is open or not Without talking about one other thing we are working on, that's about all I can say so far OK, is that the only benefit of what you described (being able to stake without wallet open)? That was unclear with your initial post. I am glad to see that feature as sometimes I forget to restart the wallet. Maybe I should have it automatically start at startup but I'm not sure I want to. Yes, but there's more we are working on that nobody knows about yet
|
|
|
We've been doing a lot of testing today with a simple way to simulate offline staking. All the tests have been working 100% flawlessly so far
If successful, this will also provide an easy way to integrate your earnings from the multipool to automatically generate stake
Don't MP earnings start staking as soon as they reach our wallets and age the appropriate time? Yes, but you have to have your client open to earn stake. If you choose to opt into something like this, you will stake whether you wallet is open or not Without talking about one other thing we are working on, that's about all I can say so far
|
|
|
We've been doing a lot of testing today with a simple way to simulate offline staking. All the tests have been working 100% flawlessly so far
If successful, this will also provide an easy way to integrate your earnings from the multipool to automatically generate stake
|
|
|
I don't think it would hurt if you wanted to announce raffles with email either, as long as those are once or twice a month at most. Just announce that the raffle has started, but provide a link to the thread for all subsequent announcements.
Don't want to annoy people with too many
|
|
|
So I been extremely busy with my crypto currency community and just wondering what's going on with MMXIV I still have my coins I mined but I see it changed name now and the main website is down. is there a new wallet I should download as I noticed my old one is not syncing?
If you own this coin, you have to check this thread every day or hang out in the chat room. lol thanks for answering my questions and I do not have time to just hang around in a chat room unless im getting paid. Nobody said you had to do that. I'm messing with the website, that's why it's down right now I'm sorry, I must have missed the announcement of the other method to keep informed about changes to this this coin. What was it again? Did you launch your email subscription list or something? THANK YOU! I think this will help communication with your users immensely! You're welcome. I'm only going to send out emails through that when there is either an optional UI upgrade, or a hard fork that is mandatory
|
|
|
Speaking of which, the multipool facelift is coming along very nicely
|
|
|
So I been extremely busy with my crypto currency community and just wondering what's going on with MMXIV I still have my coins I mined but I see it changed name now and the main website is down. is there a new wallet I should download as I noticed my old one is not syncing?
If you own this coin, you have to check this thread every day or hang out in the chat room. lol thanks for answering my questions and I do not have time to just hang around in a chat room unless im getting paid. Nobody said you had to do that. I'm messing with the website, that's why it's down right now I'm sorry, I must have missed the announcement of the other method to keep informed about changes to this this coin. What was it again? Did you launch your email subscription list or something?
|
|
|
Thanks allot Ill look back through the post here to answer my other questions have a good night.
Thanks you too. You can always post here or PM me, as well
|
|
|
So I been extremely busy with my crypto currency community and just wondering what's going on with MMXIV I still have my coins I mined but I see it changed name now and the main website is down. is there a new wallet I should download as I noticed my old one is not syncing?
If you own this coin, you have to check this thread every day or hang out in the chat room. lol thanks for answering my questions and I do not have time to just hang around in a chat room unless im getting paid. Nobody said you had to do that. I'm messing with the website, that's why it's down right now a suspension page usually means the hosting got suspending for either non payment or high cpu usage, also no one answered my question yet.....can i keep my old wallet and add some new nodes or do I need to download a new wallet now that the coin name change can some one here possibly take the time to answer that? New wallet https://mega.co.nz/#!c9kW2aLL!lGLqurkSEz9PkbXLKEGZVOk2bOKJJXYrrYxOIamz_pkUpgrading the website's server package
|
|
|
So I been extremely busy with my crypto currency community and just wondering what's going on with MMXIV I still have my coins I mined but I see it changed name now and the main website is down. is there a new wallet I should download as I noticed my old one is not syncing?
If you own this coin, you have to check this thread every day or hang out in the chat room. lol thanks for answering my questions and I do not have time to just hang around in a chat room unless im getting paid. Nobody said you had to do that. I'm messing with the website, that's why it's down right now
|
|
|
So far we have done two raffles for 2 x Antminer S3 Miners, but I think I want to switch it up this time and do an L1. What do you guys think? We've already been proven legit and that the units are sent out, but which one should we do next time!?
|
|
|
|