[ANN][ParkByte][PKB][Electrum] Pure POS

[subseaguru]

there are several articles about Uber looking at BTC. this could be a nice alternative.

out of curiosity,is 60 seconds fast enough for confirmation? why not 30 seconds?

[ParkByte]

there are several articles about Uber looking at BTC. this could be a nice alternative.

out of curiosity,is 60 seconds fast enough for confirmation? why not 30 seconds?

My initial coin spec was 30seconds but I was advised that could be too fast and could cause issues so I took their advice.

60seconds should be fine, a normal parking transaction is like £1/$1 so its not much, it could confirm on x amount of broadcasts and 0confirms would have less chargebacks than they get with credit cards plus no minimum spend and a fraction of the processing costs.

[subseaguru]

there are several articles about Uber looking at BTC. this could be a nice alternative.

out of curiosity,is 60 seconds fast enough for confirmation? why not 30 seconds?

My initial coin spec was 30seconds but I was advised that could be too fast and could cause issues so I took their advice.

60seconds should be fine, a normal parking transaction is like £1/$1 so its not much, it could confirm on x amount of broadcasts and 0confirms would have less chargebacks than they get with credit cards plus no minimum spend and a fraction of the processing costs.

good stuff thanks

[subseaguru]

Parkbyte, help me understand whats going on here with these wallets.
the top 4 wallets that received coins are not on the top 100 balance wallets. any idea what they are? wallet address PBwLX7Ho79kHS8F96XJbFpyfsGNfMubCdt is constantly minting. i see the 4 wallets with the premine at the top spots on balance but at 5-8 on the received coins spots.

[ipominer]

Parkbyte, help me understand whats going on here with these wallets.
the top 4 wallets that received coins are not on the top 100 balance wallets. any idea what they are? wallet address PBwLX7Ho79kHS8F96XJbFpyfsGNfMubCdt is constantly minting. i see the 4 wallets with the premine at the top spots on balance but at 5-8 on the received coins spots.

Addresses that receive a lot of coins but don't keep a high balance are typically large miners, pools, or exchanges. For those addresses at the top of the received list that don't fall into those categories, a quick inspection of the transaction history on those addresses shows they came from holding/transferring the premine when it was split into the 4 addresses where it's currently held.

[subseaguru]

Parkbyte, help me understand whats going on here with these wallets.
the top 4 wallets that received coins are not on the top 100 balance wallets. any idea what they are? wallet address PBwLX7Ho79kHS8F96XJbFpyfsGNfMubCdt is constantly minting. i see the 4 wallets with the premine at the top spots on balance but at 5-8 on the received coins spots.

Addresses that receive a lot of coins but don't keep a high balance are typically large miners, pools, or exchanges. For those addresses at the top of the received list that don't fall into those categories, a quick inspection of the transaction history on those addresses shows they came from holding/transferring the premine when it was split into the 4 addresses where it's currently held.

ok thank you for the explanation.

[ParkByte]

Parkbyte, help me understand whats going on here with these wallets.
the top 4 wallets that received coins are not on the top 100 balance wallets. any idea what they are? wallet address PBwLX7Ho79kHS8F96XJbFpyfsGNfMubCdt is constantly minting. i see the 4 wallets with the premine at the top spots on balance but at 5-8 on the received coins spots.

Addresses that receive a lot of coins but don't keep a high balance are typically large miners, pools, or exchanges. For those addresses at the top of the received list that don't fall into those categories, a quick inspection of the transaction history on those addresses shows they came from holding/transferring the premine when it was split into the 4 addresses where it's currently held.

ok thank you for the explanation.

Yes, as ipominer says these were the premine and premine change addresses.

the Cdt address must be a pool/exchange/user

[donnyespo]

RT https://twitter.com/bitcoin_dad/status/599660240842334209

Still alot of mining left but a push for ccex or trex wouldnt be bad

[ParkByte]

RT https://twitter.com/bitcoin_dad/status/599660240842334209

Still alot of mining left but a push for ccex or trex wouldnt be bad

Agreed, it would be nice to see PKB @ C-Cex and or Bittrex, there does seem to be a fair bit of support in that buy wall today at yobit.

However, it is still early days with ~50days and ~6.5m coins remaining in POW.

Bittrex have said they would basically like me to hype the coin before they consider adding it, but hyping a coin with a 2million premine will just sound like I want to dump, I won't be doing that so I guess PKB will continue to fly under the radar until its day comes.

We gauge demand based off of tweets, hash power, length of bitcointalk thread, volume on other exchanges, etc. Follow us on twitter @bittrexexchange and tweet about how much you like this coin and Bittrex. We respond to creative and insightful posts to help market your favorite coins and Bittrex.

For those who would like a small update and didn't see it on other sites here is a quick video of the basic app in action https://www.youtube.com/watch?v=rpOS8Ye5rqk plus a screenshot of the basic operator admin console

[NoobKidOnTheBlock]

So what exactly is being done with the premine? Is there an address so people can see that the premine is still there?

[ParkByte]

So what exactly is being done with the premine? Is there an address so people can see that the premine is still there?

Nothing at the moment, it is sitting in 4 cold wallets, addresses on OP....

PREMINE ADDRESSES (500k IN EACH)
PJKXPSsTfVHYY7N8MHuL9ADhAf3GN6o4wG
PWmTEu9Zo2Zt8qP52Tc7vgo2S3bWjjf7Vc
PGSQCZmNzvK3ivwb6D34asA4EcFsDxcYiB
PWiU7CM9xPkjU3ewxeTd81J4gpbrZqVA4r

It will be used later down the road to aid with development and adoption

[NoobKidOnTheBlock]

So what exactly is being done with the premine? Is there an address so people can see that the premine is still there?

Nothing at the moment, it is sitting in 4 cold wallets, addresses on OP....

PREMINE ADDRESSES (500k IN EACH)
PJKXPSsTfVHYY7N8MHuL9ADhAf3GN6o4wG
PWmTEu9Zo2Zt8qP52Tc7vgo2S3bWjjf7Vc
PGSQCZmNzvK3ivwb6D34asA4EcFsDxcYiB
PWiU7CM9xPkjU3ewxeTd81J4gpbrZqVA4r

It will be used later down the road to aid with development and adoption

Good to see the transparency with the premine Dev That makes it a lot easier to see this as an investment instead of a pump and dump scheme like most people accuse coins of being nowadays

[njs811]

Price predictions anyone?

[theerachate]

Is it just me that the wallet has 0 active connection to the network?

[goodgryphon]

same here is there a new config for the wallet?

[ParkByte]

Is it just me that the wallet has 0 active connection to the network?

My wallet seems to be working fine and so does the one running the explorer with around 30 connections, are you still having issues?

[ParkByte]

If you  are having issues connecting I have made a list of nodes my wallet is connected to

addnode=195.154.162.140
addnode=144.76.238.2
addnode=108.61.10.90
addnode=94.23.32.109
addnode=84.250.15.7
addnode=71.239.145.217
addnode=37.59.18.108
addnode=212.250.159.189
addnode=167.114.59.55
addnode=192.99.74.115
addnode=24.242.34.193
addnode=173.199.65.42
addnode=134.3.41.70
addnode=192.99.0.112
addnode=76.90.105.71
addnode=192.241.252.210
addnode=73.170.87.210
addnode=107.130.201.180
addnode=[2001:0:9d38:6abd:2478:f8a8:a0a4:35b3]
addnode=95.91.202.76
addnode=31.181.211.137
addnode=108.204.67.22
addnode=73.142.206.88
addnode=84.92.49.138
addnode=24.21.89.229
addnode=75.130.163.51
addnode=108.40.13.187
addnode=31.204.96.88
addnode=70.179.37.176
addnode=123.57.145.92
addnode=120.146.238.104
addnode=198.50.147.234
addnode=171.99.179.69

[ParkByte]

It looks like the seednode hosting the explorer crashed for a short time over night, all looks fine now.

I am currently reindexing the old explorer and I have now paid for PKB to be listed on CryptoID https://chainz.cryptoid.info/pkb/

[donnyespo]

RT https://twitter.com/bitcoin_dad/status/599660240842334209

Still alot of mining left but a push for ccex or trex wouldnt be bad

Agreed, it would be nice to see PKB @ C-Cex and or Bittrex, there does seem to be a fair bit of support in that buy wall today at yobit.

However, it is still early days with ~50days and ~6.5m coins remaining in POW.

Bittrex have said they would basically like me to hype the coin before they consider adding it, but hyping a coin with a 2million premine will just sound like I want to dump, I won't be doing that so I guess PKB will continue to fly under the radar until its day comes.

We gauge demand based off of tweets, hash power, length of bitcointalk thread, volume on other exchanges, etc. Follow us on twitter @bittrexexchange and tweet about how much you like this coin and Bittrex. We respond to creative and insightful posts to help market your favorite coins and Bittrex.

For those who would like a small update and didn't see it on other sites here is a quick video of the basic app in action https://www.youtube.com/watch?v=rpOS8Ye5rqk plus a screenshot of the basic operator admin console

Thanks for the update..

Agreed no rush to larger exchanges still a long way to go with mining and development. Good to see interest on yobit in meantime.

I have had no issues with connections, have been strong since I downloaded the wallet and staking just fine.

[donnyespo]

Price predictions anyone?

After mining we should have about 10m outstanding. Really just depends on the development, and progess. Looks like a lot of stuff to be updated and rolled out closer to the ending of POW which could be a good boost in price. I don't think a few thousand satoshi is out of the question.