🔄🔄🔄🔄 ――――― ▲ MOIN ――――― It's not dead. It's resting ―――― 🔄🔄🔄🔄

[KingCaper]

GOODBYE MOINCOIN

The six month swap from Moincoin to MOIN is now complete. We have one final loose end - someone tried to swap their Moincoin on the 7th of March, but the transaction didn't make it into a block so I've set aside the MOIN they are due based on the balance of the address that they submitted a valid signature for. If this was you, please get in touch.

There was in total over 3 and a half million MOIN unclaimed, all of which has now been burned.

9th March
381651.62629597
11th May
3186903.94629870

Total Burned
3568555.57259467

Total Remaining Spendable Supply
6049597.02502524


So the usable supply has been reduced to just over 6m. I'll contact coinmarketcap and coingecko later today to let them know so they can adjust MOIN accordingly (assuming that's what they do in these circumstances). Thanks to everyone in the community for your patience with the process - I know it started to feel like it dragging on a bit towards the end there, but I think it was worthwhile to ensure the swap was as fair as possible.


ON TO THE FUTURE

Obviously now that we've shed all that dead weight MOIN can become the crypto powerhouse it was always destined to be.   The HD wallets / PoS v3 code is all done. I needed to wait for the exact total of burned coins as it'll be factored into the reward calculation - the 10% per annum will only be based upon the number of actually spendable MOIN in circulation. We'll do a quick round of testing during which our front-end dev will make any tweaks and fixes and then we'll release. PoS v3 will be activated via a hard fork that'll be scheduled for around the end of June in order to give everyone time to upgrade.

After that, our front-end developer will be working on MOIN Lite while I work on what will become our first blockchain-based service. In the mean time I think we should also start giving some thought to funding and promotion.

That's it for now, thanks for your support and enjoy your now rarer MOIN.

KingCaper.


Join the MOIN Movement on Slack!

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[Jookly]

Great job KingCaper!  Thanks for all your work.

[Nott]

"The six month swap from Moincoin to MOIN is now complete." Congratulations KingCaper!

[KingCaper]

Explorer updated to reflect adjusted usable supply.

[KingCaper]

Updates section added to OP.

[*Sakura*]

Great! Now we have only one direction: forward!

[KingCaper]

MOIN ADDED TO DECENTRALIZED EXCHANGE BITSQUARE

Wesbite: https://bitsquare.io/
FAQ: https://bitsquare.io/faq/
Introductory video: https://youtu.be/7QXReLxJ0Rk

We're very pleased to announce that MOIN has been added to the next version of the decentralized exchange Bitsquare. Anyone who's been involved with cryptocurrencies for a while will be aware of the risks inherent in centralized exchanges, so it's exciting to see a decentralized and private alternative. It's one of the most interesting projects I've seen in some time and I recommend checking it out and giving the beta a try. There's no registration required and there are versions for Windows, Linux and Mac.

In other news the available supply has been adjusted on CoinMarketCap and CoinGecko in light of the unclaimed swap coins being burned.

[AlexBit]

bitsquare is exactly what lacking cryptocurrency ..
it's great that MOIN will be in the next version !!!!

[KingCaper]

bitsquare is exactly what lacking cryptocurrency ..
it's great that MOIN will be in the next version !!!!

Agreed, it's a really interesting project. The new version which integrates MOIN is now available:

https://github.com/bitsquare/bitsquare/releases/latest

To add MOIN to your list of displayed currencies click Settings at the top right and choose Moin from the Add cryptocurrency dropdown. Given how much lip service is paid to 'decentralization' on this forum I'm surprised there aren't more people using it. I encourage everyone to try it out and give feedback to the team if you come across any bugs or think of any improvements.




New wallets in the next few days.

[vella85]

Hi,

Just like to know what is the minimum amount of coins we can stake to earn?

I'm new to MOIN and should I wait for the new wallets that are coming out? as I'm yet to download the wallet.

[KingCaper]

Hi,

Just like to know what is the minimum amount of coins we can stake to earn?

I'm new to MOIN and should I wait for the new wallets that are coming out? as I'm yet to download the wallet.

Some community members did run tests a while ago to get an idea of relative staking times, but the results won't be valid for PoS v3 so perhaps we can run some more when it kicks in. It's probably best to wait for the new wallets as they'll be released this week and it'll save you having to reindex. It'll be announced here as soon as they're available. Let me know if you've any other questions and welcome to the community.  

[vella85]

Hi,

Just like to know what is the minimum amount of coins we can stake to earn?

I'm new to MOIN and should I wait for the new wallets that are coming out? as I'm yet to download the wallet.

Some community members did run tests a while ago to get an idea of relative staking times, but the results won't be valid for PoS v3 so perhaps we can run some more when it kicks in. It's probably best to wait for the new wallets as they'll be released this week and it'll save you having to reindex. It'll be announced here as soon as they're available. Let me know if you've any other questions and welcome to the community.  

Thanks for the reply and I'll just wait for the new wallets to be released and go from there 

[KingCaper]

MOIN v1.1.0.0 - Mandatory update



Proof of Stake v3

The new wallet implements Blackcoin's PoS v3 from block 282500. There will be 10% static inflation of the total current supply (minus the 3,568,555 MOIN burned after the swap), so the new static stake reward will begin at around 1.26 MOIN per block and increase from there. This means around 1700 MOIN per day will be split between those actively staking. The centralized checkpoint server has been removed.

Hierarchical Deterministic Wallets

Hierarchical deterministic wallets allow you to backup and restore all keys in a wallet from a single seed. The seed is presented to the user in the form of a 24 word mnemonic using common English words.
More information: https://en.bitcoin.it/wiki/Deterministic_wallet



All in, the v1.1.0.0 update incorporates enhancements from four Bitcoin Improvement Proposals:

BIP-0032 Hierarchical Deterministic Wallets
BIP-0039 Mnemonic code for generating deterministic keys
BIP-0044 Multi-Account Hierarchy for Deterministic Wallets
BIP-0065 OP_CHECKLOCKTIMEVERIFY

Feature releases are likely to include features built upon them.

The release also includes a fix to a deanonymization vulnerability as well as other bug fixes and optimizations too numerous to mention. The majority of this comes by way of SDC, BLK and BTC, so our thanks to them.

Installation

If you haven't already, please make a backup of your wallet.dat before upgrading. There will be a reindex on first launch which will take maybe 10-15 minutes and after which the wallet will close. You can then open the wallet and resume using it as normal.

This is a mandatory update as there will be a hard fork at block 282500 (around July 1st) for the switch to PoS v3.



Download links

Code:

https://github.com/MOIN/moin/releases/tag/v1.1.0.0

Thanks for your continued support and enjoy.

[Nott]

https://i.imgur.com/d3VC9Hb.png

MOIN v1.1.0.0 - Mandatory update

https://i.imgur.com/MBrEXoF.png

Proof of Stake v3

The new wallet implements Blackcoin's PoS v3 from block 282500. There will be 10% static inflation of the total current supply (minus the 3,568,555 MOIN burned after the swap), so the new static stake reward will begin at around 1.26 MOIN per block and increase from there. This means around 1700 MOIN per day will be split between those actively staking. The centralized checkpoint server has been removed.

Hierarchical Deterministic Wallets

Hierarchical deterministic wallets allow you to backup and restore all keys in a wallet from a single seed. The seed is presented to the user in the form of a 24 word mnemonic using common English words.
More information: https://en.bitcoin.it/wiki/Deterministic_wallet

https://i.imgur.com/PqfZvCo.png

All in, the v1.1.0.0 update incorporates enhancements from four Bitcoin Improvement Proposals:

BIP-0032 Hierarchical Deterministic Wallets
BIP-0039 Mnemonic code for generating deterministic keys
BIP-0044 Multi-Account Hierarchy for Deterministic Wallets
BIP-0065 OP_CHECKLOCKTIMEVERIFY

Feature releases are likely to include features built upon them.

The release also includes a fix to a deanonymization vulnerability as well as other bug fixes and optimizations too numerous to mention. The majority of this comes by way of SDC, BLK and BTC, so our thanks to them.

Installation

If you haven't already, please make a backup of your wallet.dat before upgrading. There will be a reindex on first launch which will take maybe 10-15 minutes and after which the wallet will close. You can then open the wallet and resume using it as normal.

This is a mandatory update as there will be a hard fork at block 282500 (around July 1st) for the switch to PoS v3.

https://i.imgur.com/bUVnA5O.png

Download links

Code:

https://github.com/MOIN/moin/releases/tag/v1.1.0.0

Thanks for your continued support and enjoy.

KingCaper, Wonderful work! Great new features! and I love PoS v3!

[Darkoth89]

Wow. That wallet is truly amazing. Great work!

[HarryPorter]

Wow. That wallet is truly amazing. Great work!

indeed, great client / updates, that is man called developer - mean.

[Nott]

Wow. That wallet is truly amazing. Great work!

indeed, great client / updates, that is man called developer - mean.

I can't wait for PoSv3 kicks in! low CPU use for staking! 

[Darkoth89]

Yeah after seeing and playing around with the wallet, i've grabbed about 50k's worth.  The wallets functionality is awesome as well as the look!  Very nice work indeed.

[vella85]

So can I now download the new wallet?

[sparksi]

So can I now download the new wallet?

Yes