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Author Topic: [ANN][EGC] EverGreenCoin | Environmental Green Causes | Full 7% PoS | Foundation  (Read 284480 times)
teddybeer
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June 09, 2016, 08:21:05 PM
 #1601

Can anyone explain me Pos stage ?

Coin maturity min 24 hours max none, 7%annual

So if i stake 48 hours it will be 14% annual ?
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Gizfreak
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June 09, 2016, 08:28:28 PM
 #1602

Bought me a chunk of EGC at Bittrex and transfer to my qt wallet was as fast as can be.
It seems that the forking probs have come to an end, so now it's back to the upward trend that EGC used to be at.
Time for the remaining goers to be rewarded for their patience  Grin
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June 09, 2016, 08:28:46 PM
 #1603

Can anyone explain me Pos stage ?

Coin maturity min 24 hours max none, 7%annual

So if i stake 48 hours it will be 14% annual ?

You have an annual interest rate of 7% on all the coins that have been in your wallet for longer than 24 hours.
mekar sari
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June 09, 2016, 08:33:33 PM
 #1604

I see someone buying a lot of EGC in yobit , all look green , my love Shocked

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Gizfreak
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June 09, 2016, 08:36:43 PM
 #1605

I see someone buying a lot of EGC in yobit , all look green , my love Shocked
Same at Bittrex and it's not only me buying
teddybeer
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June 09, 2016, 08:36:58 PM
 #1606

Can anyone explain me Pos stage ?

Coin maturity min 24 hours max none, 7%annual

So if i stake 48 hours it will be 14% annual ?

You have an annual interest rate of 7% on all the coins that have been in your wallet for longer than 24 hours.


What does it mean no max age ?
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June 09, 2016, 08:39:41 PM
 #1607

Can anyone explain me Pos stage ?

Coin maturity min 24 hours max none, 7%annual

So if i stake 48 hours it will be 14% annual ?

You have an annual interest rate of 7% on all the coins that have been in your wallet for longer than 24 hours.


What does it mean no max age ?
That means that they'll keep on staking forever as long as you don't move them. In that case you'll have to wait another 24 hours for them to be staking.
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June 09, 2016, 08:44:52 PM
 #1608

Greetings ,
 I have good news, my wallet which forked back in April is now good to go. I received 2.5 from the faucet today, my full balance staked and confirmed, and a test deposit to Bittrex and back to the wallet took less than 5 minutes. Current block 468197.
 Thanks to Evergreen Dev for the layman's instructions with the bootstrap re sync. (especially the part on what to expect while re syncing). I have been trading for a year and a half but this is the first wallet I have ever successfully fixed  Lips sealed. Thanks to the community for all of the ongoing info, exchange chasing and continued positive outlook.
  I do have one question. I made a withdrawal from wallet to Bittrex on April 25 while I was in a fork. Info from wallet
Status: 126107 confirmations
Date: 4/25/2016 00:01
To: EN7mzvMupMkwtMXhTWM2uTukrvBUEdQqeK
Debit: -3508.00 EGC
Transaction fee: -0.0002 EGC
Net amount: -3508.0002 EGC
Transaction ID: d11ad541b93cc9de2e1f26eff5f4d8aa9acdf2f9ae40cb2ad0c873fd5a3195f0
  I was hoping that they would show up in my Bittrex wallet today, but they haven't. Is it possible to recover these coins?
Ps. Evergreencoin dev, your composure and dedication throughout the last month in what could be considered a crisis is commendable and indicates strong leadership. I will be staying on board.  Cool



Greetings boieemassab,

First, thanks for the kind words. The vast majority of the EverGreenCoin community has been amazingly supportive and proved to be, once again, the coin's most valuable asset. The network issues would have easily dragged on for much longer if it was not for the readiness and willingness for both upgrading and the, for many of us, numerous resyncing that had to take place to give the correct blockchain the strong majority it now has. It could have not been this way without every community member's tolerance, diligence, and persistence. They are the ones that deserve the accolades and thanks. They all have mine, yourself included.

I do understand how laymen or non-technical people are very much and very easily left behind in many coin's communities and perhaps in crypto in general. I do strongly feel this is a hurdle cryto must overcome before mass adoption will take place. For years I have volunteered at my local library teaching free computer classes to many, sometimes mentally handicapped, children and adults. With this I have gained a deep understanding of the frustration and confusion that can easily come from the many things technically savvy people take for granted as common sense but in reality, the use of these machines are not common for us at all. These are very new tools in our evolutionary tool belt. I am very pleased anytime I can help someone better understand and use these tools. To teach is to learn twice over.

With your Bittrex matter, I suspect Bittrex may need to run a repairwallet, I will contact Richie and ask him to do so.

Thank you for staying on board. I assure you that you will not regret your decision to do so.

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June 09, 2016, 08:47:01 PM
 #1609

I have confirmed Bittrex, Cryptopia, and C-Cex are all on the correct blockchain by both successful deposits and withdrawals on all three.

YoBit is still in maintenance unfortunately.

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June 09, 2016, 08:49:34 PM
 #1610

EverGreenCoin guy, i fixed my wallet boostaped, works so owesome now.

Minting on Aikapool, but i have to say my hash rate is 4,5mhs, but on pool i see average 3-3,5 is aikapool a bit sharestealing ?

My rig is just 2x 750 Ti oc edition, and 2 more cards on their way to upgrade my rig Smiley
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June 09, 2016, 08:55:25 PM
 #1611

EverGreenCoin guy, i fixed my wallet boostaped, works so owesome now.

Minting on Aikapool, but i have to say my hash rate is 4,5mhs, but on pool i see average 3-3,5 is aikapool a bit sharestealing ?

My rig is just 2x 750 Ti oc edition, and 2 more cards on their way to upgrade my rig Smiley

No, they are not stealing from you. It is common for pools to show a different hashrate then what you may see at your miner directly. Think of it as two measurements of time, taken at two different points in time with latency distorting the measurements. Aikapool is very trusted. I am certain your hashes and shares are not being stolen.

Glad to hear your wallet is functioning as it should and thank you for mining EverGreenCoin!

EDIT: Congrats on your forthcoming upgrade! Smiley

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June 09, 2016, 09:01:58 PM
 #1612

Bought me a chunk of EGC at Bittrex and transfer to my qt wallet was as fast as can be.
It seems that the forking probs have come to an end, so now it's back to the upward trend that EGC used to be at.
Time for the remaining goers to be rewarded for their patience  Grin

I do honestly hope you are all rewarded greatly, and rightfully so.

Thank you all kindly for the continued patience these issues have required and all the help in restoring order. By no means could it have been done without you all.

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June 09, 2016, 09:06:12 PM
 #1613

Meanwhile at Bittrex  Wink

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June 10, 2016, 12:53:12 AM
 #1614

I have successfully deposited and withdrew EverGreenCoin from Bittrex. They are back on the correct blockchain.


I am now having issues resyncing wallet 1.2.1. for Windows (running W 8.1 64Bit)

Stuck on block 457283.

Do I need to completely download the blockchain again on version 1.2.1?
Any advice or recommendations will be greatly appreciated.

Sincerely,

Portdavenport Wink



Hi Portdavenport,

If you are stuck that far behind (current block height is 464768), I would say you have peered with wallets that are in an incorrect fork still. To correct from this, yes please do a complete resync. There is a bootstrap at block height 460949 (6th Jun 2016 12:41:29) that will expedite resyncing for you. But we want to be sure you do not peer with these same peers again. Follow these steps:

1, Close your EverGreenCoin wallet.
2, Navigate to %appdata%/EverGreenCoin within Windows Explorer. (otherwise stated, C:\Users\<Windows User>\AppData\Roaming\EverGreenCoin)
3, Delete everything in that folder except your wallet.dat file.
4, Download the bootstrap compressed archive.
5, Extract the bootstrap.dat from within the downloaded bootstrap.zip into that same folder you just deleted everything except your wallet.dat file.
6, Launch your EverGreenCoin v1.2.1 wallet.

Bootstrapping the blockchain will take about 2 hours, depending on your system. The splash screen will show this entire time. It has not frozen, do not ctrl-alt-del kill it. Allow it to run its course. If you are curious to see the how far it has progressed, you will notice a file called blk0001.dat in that data directory we have been working in. That file will be increasing in size steadily. When it reaches the same size as the bootstrap.dat file, bootstrapping is complete. Your EverGreenCoin wallet will appear now and get new peers from the seednodes and download the remaining 2 days of the blockchain.

I hope that helps Portdavenport. If you have any questions or concerns, do not hesitate to ask or state them.

Dear EverGreenCoin,

Thank you for this data and information.
I'll seek to implement it in the next 72 hours.

Seeing as my EGC investment is as large as the Foundations, I really appreciate your support.

Kindly,

Portdavenport
www.scifidomain.com
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June 10, 2016, 01:06:00 AM
 #1615

Meanwhile at Bittrex  Wink


in yobit higher prices @690

 
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June 10, 2016, 07:18:18 AM
 #1616

So fork fixed without further damage !?

Good job dev !

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June 10, 2016, 07:19:39 AM
 #1617

Meanwhile at Bittrex  Wink


in yobit higher prices @690



Yobit lives its own life.
They take weeks and months to resynch wallets, if they even bother to.

I asked the mod yesterday. He answered "No information".

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June 10, 2016, 07:21:02 AM
 #1618

Hey !

Hows going ?

I think the "solar-miner" is not perfectly named, as it basically "only" stakes your coins, so doesnt really mine them. Even tho it sounds great for marketing but people could understand that wrong.

A solar miner for that price would be insane tho, but hardly possible for small money :/

Just an idea tho, no offence meant.

Hi allinbox,

Yes, you are correct. We want "average people" to understand the device. These people, however removed from the technical side of crypto, do understand "mining" as "gaining". For that reason and that staking is technically mining, processing transactions and maintaining the blockchain for which a reward is given, we felt "EGC solar miner" would be easier for non-technical people to understand.

Yes, an actual solar PoW miner would be very expensive. Also it would not tolerate power outages very well and maintain the same accurate projection of the return. This way we can market it as, "earning 7%" so long as the sunlight doesn't stop for more then 30 days. That and EGC's PoW will end in about 20 days. An actual solar powered EGC PoW mining device would be soon useless.

Technically speaking, it will be mining via PoS mining (aka minting) and earning at a projectable rate, 7%.

No offense taken! Smiley


Ok then, just clearly state it so nobody will buy it because he didnt get how it works. From marketing view surely should work way better tho (;

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June 11, 2016, 02:03:22 AM
Last edit: June 11, 2016, 04:10:34 AM by EverGreenCoin
 #1619






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June 11, 2016, 07:49:49 AM
 #1620

Hey Evergreencoin community!

I almost never post, but i just want to compliment the incredible proffesional attitude of the dev.
I have seen so many coins go down by poorly handling problems, it's very refreshing to see a community live through it!

I've been a long time holder from the start and i'm positive this coin with community has great potential.
The buying pressure on Bittrex is looking great, also a nice buy wall around 290 sat. I think it's a great time to buy! I accumulated to 250k and i will hold for sure at these prices.
Hopefully we get back to a more realistic price range soon.

Keep up the good work dev!
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