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Author Topic: [ANN][EGC] EverGreenCoin | Environmental Green Causes | Full 7% PoS | Foundation  (Read 282861 times)
starmman
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January 12, 2017, 09:34:27 PM
 #3241

Yes, precisly. It will always work out to 7% annual. Regardless of if you can tune more frequent installments. Those more frequent installments will be smaller in amount than the less frequent installments that would be larger in amount.
Great, I'm only staking about 1000 EGC so far - most of my EGC is accumulating on exchanges - but have now started siphoning off into a wallet. I'll get used to the maturation of the staked coins, its working slightly differently to the way XMG works with PoS.

Shame I didn't manage to mine any =)

Hi starmman and EverGreenCoin community,

About 5 days ago, I placed 100 EGC on my CHIP. This morning, it did collect its first instalment toward its 7% annual to the tune of .0677 EGC. This experiment was to test the frequency of installments at current post-PoW conditions, test the hardware component of the forthcoming EGC Solar Staker, and simply to make an observation.

5 days minus 1 for minimum coin staking age is 4 days.
365 days divided by 4 = 91.25
91.25 times .0677 = 6.177625

Here we observe ~0.8% shortfall but I will monitor it for its next reward. 1 sample from what might be 91 occurrences is inadequate. I had done similar experiments previously and the numbers did fall at 7%. Also, my '5 day' estimate is nothing more than an estimate. May have been 4 1/2 days or 5 1/2 days, as I did not document the time.

My point is, there really is no amount that is 'too small' to stake in regards to receiving 7% annual. Now, of course, it would prove little reward to stake 1 EGC for a year and I understand this is the thought starmman was following. But, be that as it may, 7% is always 7%.

Also, never use an exchange as a bank. Exchanges are very attractive targets for hackers, though exchanges do follow very strict security measures. It is safer to store your own EverGreenCoin yourself, and for that matter any cryptocurrency, even if you will not be staking them regularly. Another option is PoSWallet.com where your EverGreenCoin will be grouped with other peoples EverGreenCoin, thus having more collective weight and receiving installments more frequequetly. Of course, your portion of that installment will only be 7%. That said, PoSWallet.com is subject to the same risks exchanges are and they do charge small fees. PoSWallet.com does also follow very strict security measures. The fact that they do stake your coins and you receive that reward, as some exchanges are accused of staking your coins and keeping the rewards, should come into ones equation when calculating risk versus reward.


Thanks for the information about the staking percentages, I was planning on checking the staking % out myself if I managed to get another wallet online.

Thanks for your concern, I fully understand and accept the risks of keeping coins on exchanges - but taking the risk is part of my strategy as I'm using crypto primarily to improving my trading skills (and of course not as a bank) <1% of my portfolio is in crypto right now - so far, I increased my initial investment by 800% in 18 months - mostly through trading. My investment strategy stipulates that as the amount of capital I earn through trading increases I'll push more of the profits into safer 'buckets' which are lower risk and lower investment. I've already started with that (EGC PoS wallet is a great bucket to siphon into) =) I'm also spreading funds across many exchanges to reduce the risks.

If my primary investment vehicle was crypto, id obviously have a very different strategy - I class cryto as a 'Wildcard' asset class. Trading can net a large percentage a month - and I siphon a percentage of that away to a offline wallet (for me any BTC I could lose in an exchange - I wouldn't have had if I weren't trading).

I also think its very important to run wallets of coins that I've invested in to both support and improve the fungibility of the coin.

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January 13, 2017, 02:02:32 AM
 #3242

If anyone has anything they wish to list in the marketplace, please, by all means. Items on the marketplace do not need to be 'green' items, as that question has been asked. To list an item, you just need to create an EverGreenCoin.org account and click any of the menu options under 'seller' in the 'marketplace' sub-menu under 'shop'. From there you can apply to be a vendor, just tick the 'apply to be a vendor' checkbox and click submit. I then approve your vendor status and you will be able to add items.

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January 13, 2017, 02:03:56 AM
 #3243


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January 13, 2017, 07:10:49 AM
 #3244

If anyone has anything they wish to list in the marketplace, please, by all means. Items on the marketplace do not need to be 'green' items, as that question has been asked. To list an item, you just need to create an EverGreenCoin.org account and click any of the menu options under 'seller' in the 'marketplace' sub-menu under 'shop'. From there you can apply to be a vendor, just tick the 'apply to be a vendor' checkbox and click submit. I then approve your vendor status and you will be able to add items.
I'll ask some (green) businesses I know - none of them currently accept crypto, and not sure if they ship internationally, but worth asking =)

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January 13, 2017, 09:32:03 PM
 #3245

If anyone has anything they wish to list in the marketplace, please, by all means. Items on the marketplace do not need to be 'green' items, as that question has been asked. To list an item, you just need to create an EverGreenCoin.org account and click any of the menu options under 'seller' in the 'marketplace' sub-menu under 'shop'. From there you can apply to be a vendor, just tick the 'apply to be a vendor' checkbox and click submit. I then approve your vendor status and you will be able to add items.
I'll ask some (green) businesses I know - none of them currently accept crypto, and not sure if they ship internationally, but worth asking =)

Thanks starmman! The help is greatly appreciated and I will personally pay bounties to anyone helping to populate the directory or the marketplace.

So everyone is clear, the listings in the directory do not need to be 'businesses' per se. Organisations are welcome, like non-profits or anything. The only 'requirement' is that they do use EverGreenCoin in their organisation in some way, even if only accepting donations in EverGreenCoin, or they align with EverGreenCoin in our environmental efforts.

As far as the marketplace, any item is welcome, so long as you will accept EverGreenCoin either exclusively or inclusively to the other methods (Credit Cards, PayPal, other cryptocurrencies).

EDIT: International shipping is not a requirement.

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January 13, 2017, 09:40:44 PM
 #3246



I now have the LED on the C.H.I.P. flash when a block paces on the EverGreenCoin blockchain.   Smiley

EDIT: Please join us on the EGC Renewables forum for more details. https://evergreencoin.org/groups/egc-renewables/forum/
 As development progresses with the EverGreenCoin Solar Staker, details will only be there. Of course, I will announce major milestones here as well. For a closer pulse of the heartbeat, pun intended, please join us there.

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January 13, 2017, 11:23:22 PM
 #3247

Yes, precisly. It will always work out to 7% annual. Regardless of if you can tune more frequent installments. Those more frequent installments will be smaller in amount than the less frequent installments that would be larger in amount.
Great, I'm only staking about 1000 EGC so far - most of my EGC is accumulating on exchanges - but have now started siphoning off into a wallet. I'll get used to the maturation of the staked coins, its working slightly differently to the way XMG works with PoS.

Shame I didn't manage to mine any =)

Hi starmman and EverGreenCoin community,

About 5 days ago, I placed 100 EGC on my CHIP. This morning, it did collect its first instalment toward its 7% annual to the tune of .0677 EGC. This experiment was to test the frequency of installments at current post-PoW conditions, test the hardware component of the forthcoming EGC Solar Staker, and simply to make an observation.

5 days minus 1 for minimum coin staking age is 4 days.
365 days divided by 4 = 91.25
91.25 times .0677 = 6.177625

Here we observe ~0.8% shortfall but I will monitor it for its next reward. 1 sample from what might be 91 occurrences is inadequate. I had done similar experiments previously and the numbers did fall at 7%. Also, my '5 day' estimate is nothing more than an estimate. May have been 4 1/2 days or 5 1/2 days, as I did not document the time.

My point is, there really is no amount that is 'too small' to stake in regards to receiving 7% annual. Now, of course, it would prove little reward to stake 1 EGC for a year and I understand this is the thought starmman was following. But, be that as it may, 7% is always 7%.

Also, never use an exchange as a bank. Exchanges are very attractive targets for hackers, though exchanges do follow very strict security measures. It is safer to store your own EverGreenCoin yourself, and for that matter any cryptocurrency, even if you will not be staking them regularly. Another option is PoSWallet.com where your EverGreenCoin will be grouped with other people's EverGreenCoin, thus having more collective weight and receiving instalments more frequently. Of course, your portion of that instalment will only be 7%. That said, PoSWallet.com is subject to the same risks exchanges are and they do charge small fees. PoSWallet.com does also follow very strict security measures. The fact that they do stake your coins and you receive that reward, as some exchanges are accused of staking your coins and keeping the rewards, should come into ones equation when calculating risk versus reward.


Now it has already received its second PoS reward. This one, .032 EGC. Now that I know how to trigger the LEDs on C.H.I.P., perhaps I should make something 'special' happen when a PoS block is accepted and a reward received.

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January 14, 2017, 12:00:28 AM
 #3248

Yes, precisly. It will always work out to 7% annual. Regardless of if you can tune more frequent installments. Those more frequent installments will be smaller in amount than the less frequent installments that would be larger in amount.
Great, I'm only staking about 1000 EGC so far - most of my EGC is accumulating on exchanges - but have now started siphoning off into a wallet. I'll get used to the maturation of the staked coins, its working slightly differently to the way XMG works with PoS.

Shame I didn't manage to mine any =)

Hi starmman and EverGreenCoin community,

About 5 days ago, I placed 100 EGC on my CHIP. This morning, it did collect its first instalment toward its 7% annual to the tune of .0677 EGC. This experiment was to test the frequency of installments at current post-PoW conditions, test the hardware component of the forthcoming EGC Solar Staker, and simply to make an observation.

5 days minus 1 for minimum coin staking age is 4 days.
365 days divided by 4 = 91.25
91.25 times .0677 = 6.177625

Here we observe ~0.8% shortfall but I will monitor it for its next reward. 1 sample from what might be 91 occurrences is inadequate. I had done similar experiments previously and the numbers did fall at 7%. Also, my '5 day' estimate is nothing more than an estimate. May have been 4 1/2 days or 5 1/2 days, as I did not document the time.

My point is, there really is no amount that is 'too small' to stake in regards to receiving 7% annual. Now, of course, it would prove little reward to stake 1 EGC for a year and I understand this is the thought starmman was following. But, be that as it may, 7% is always 7%.

Also, never use an exchange as a bank. Exchanges are very attractive targets for hackers, though exchanges do follow very strict security measures. It is safer to store your own EverGreenCoin yourself, and for that matter any cryptocurrency, even if you will not be staking them regularly. Another option is PoSWallet.com where your EverGreenCoin will be grouped with other people's EverGreenCoin, thus having more collective weight and receiving instalments more frequently. Of course, your portion of that instalment will only be 7%. That said, PoSWallet.com is subject to the same risks exchanges are and they do charge small fees. PoSWallet.com does also follow very strict security measures. The fact that they do stake your coins and you receive that reward, as some exchanges are accused of staking your coins and keeping the rewards, should come into ones equation when calculating risk versus reward.


Now it has already received its second PoS reward. This one, .032 EGC. Now that I know how to trigger the LEDs on C.H.I.P., perhaps I should make something 'special' happen when a PoS block is accepted and a reward received.

Sounds like a great idea - I like little gimmicks like that - good to hear there is good progress on the solar staker. I've been thinking about putting something like that together myself on a Pi when I get some spare time.

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January 14, 2017, 09:01:59 PM
 #3249

@EverGreenCoin_ has been getting much attention on twitter, thanks to the Vindyne Group promotion. Check out, and please retweet, this latest:

https://twitter.com/CryptoCoinC/status/820372169893052417

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January 16, 2017, 01:43:07 AM
 #3250

I was just wondering if an in-wallet notification system could be added that notifies users when a new wallet versoin is out?

Similarly how Feathercoin does it:



I was still on v1.3.0 and while that still works flawlessly, it could have been cut off without me realizing it and staking on a fork.

RIP Bittrex
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January 16, 2017, 03:13:09 AM
 #3251

I was just wondering if an in-wallet notification system could be added that notifies users when a new wallet versoin is out?

Similarly how Feathercoin does it:



I was still on v1.3.0 and while that still works flawlessly, it could have been cut off without me realizing it and staking on a fork.

As of version 1.4.2, yes. That is one of the improvements that was worked in.

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January 16, 2017, 03:20:39 AM
 #3252

I was just wondering if an in-wallet notification system could be added that notifies users when a new wallet versoin is out?

Similarly how Feathercoin does it:

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

I was still on v1.3.0 and while that still works flawlessly, it could have been cut off without me realizing it and staking on a fork.

As of version 1.4.2, yes. That is one of the improvements that was worked in.

Awesome! Is there a changelog somewhere I missed?

RIP Bittrex
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January 16, 2017, 03:47:39 AM
 #3253

I was just wondering if an in-wallet notification system could be added that notifies users when a new wallet versoin is out?

Similarly how Feathercoin does it:

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

I was still on v1.3.0 and while that still works flawlessly, it could have been cut off without me realizing it and staking on a fork.

As of version 1.4.2, yes. That is one of the improvements that was worked in.

Awesome! Is there a changelog somewhere I missed?

No, sorry I had not published one. Here are the changes relevant from version 1.3 to version 1.4.2:

  • Alert key notifications.
  • Addition of 20 ChainWorks Industries seednodes, now totalling 27 seednodes.
  • Hindi language translation added. Now 65 total languages including dialects.
  • Additional checkpoints added.
  • Dependency updates: Windows open SSL update. Mac Berkley DB library update.
  • Numerous documentation updates.
  • Copyright years updated both in the wallet and in various documentations.

All of these changes can be viewed in the commit list in the master branch of our GitHub.
Released v1.4.2 wallets for Windows and Mac are up-to-date with the current source code.

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January 16, 2017, 09:01:56 PM
 #3254

I was just wondering if an in-wallet notification system could be added that notifies users when a new wallet versoin is out?

Similarly how Feathercoin does it:

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

I was still on v1.3.0 and while that still works flawlessly, it could have been cut off without me realizing it and staking on a fork.

As of version 1.4.2, yes. That is one of the improvements that was worked in.

Awesome! Is there a changelog somewhere I missed?

No, sorry I had not published one. Here are the changes relevant from version 1.3 to version 1.4.2:

  • Alert key notifications.
  • Addition of 20 ChainWorks Industries seednodes, now totalling 27 seednodes.
  • Hindi language translation added. Now 65 total languages including dialects.
  • Additional checkpoints added.
  • Dependency updates: Windows open SSL update. Mac Berkley DB library update.
  • Numerous documentation updates.
  • Copyright years updated both in the wallet and in various documentations.

All of these changes can be viewed in the commit list in the master branch of our GitHub.
Released v1.4.2 wallets for Windows and Mac are up-to-date with the current source code.

Thank you and I have to say I admire your consistency and dedication you put into this coin!

RIP Bittrex
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January 16, 2017, 09:43:19 PM
 #3255


Thank you and I have to say I admire your consistency and dedication you put into this coin!

Thank you so very much for saying that!

That means a lot to me. Hearing the occasional comment like that is all the motivation I need.

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January 16, 2017, 09:49:35 PM
 #3256



The shirts Bow ordered are in! All sizes are available. Shipping is included, now even on international orders!

Pay with EGC, $25 https://evergreencoin.org/product/evergreencoin-cannabis-t-shirt-egc-only/

Pay with PayPal, Credit Card, or any other crypto, $30 https://evergreencoin.org/product/evergreencoin-cannabis-t-shirt/

EDIT: I forgot to mention, 20% of all sales go directly to the EverGreenCoin Foundation in the form of EGC. Whether direct from EGC sales or purchased off an exchange from proceeds of all other sales.

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January 17, 2017, 01:39:24 AM
 #3257



The shirts Bow ordered are in! All sizes are available. Shipping is included, now even on international orders!

Pay with EGC, $25 https://evergreencoin.org/product/evergreencoin-cannabis-t-shirt-egc-only/

Pay with PayPal, Credit Card, or any other crypto, $30 https://evergreencoin.org/product/evergreencoin-cannabis-t-shirt/

EDIT: I forgot to mention, 20% of all sales go directly to the EverGreenCoin Foundation in the form of EGC. Whether direct from EGC sales or purchased off an exchange from proceeds of all other sales.

this should boost egc exposure a little ... walking around wearing one ...

nice going mate ...

#crysx

ChainWorks Industries . grn - Ga2TFVPW3y2vd9vMdqLWfid9hf8RPSQV19 . exchange - https://bleutrade.com/exchange/GRN/BTC/ . email - crysx@gnxs.com .
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January 17, 2017, 07:32:22 AM
 #3258

Hum we are make t-shirt? What's good with this coin? I'll have a look to it!

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January 17, 2017, 02:40:04 PM
 #3259

Hum we are make t-shirt? What's good with this coin? I'll have a look to it!

Hi Alexoz, welcome to the EverGreenCoin community.

The t-shirts are a fund raising idea of the Cannabis branch of EverGreenCoin. You see, whenever there is sufficient community involvement focused on one area, that focus becomes a branch, much like a division of a company.

At the center of all the branches is the EverGreenCoin Foundation, helping to fund and coordinate the branches growth. The trunk of the tree, if you will.

The most important part in this tree anology is the roots. The roots being the community and I am glad to be the first to welcome you to that community. Thanks for joining us!

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January 19, 2017, 09:29:40 AM
 #3260

Please do not move any EverGreenCoin to or from any exchange. The network is having issues and we need time to sort it out. Sorry for the inconvenience.


EDIT: Please allow me time to get the block explorer correct with the checkpoint server before you rely on it.

EDIT 2: The explorer is up.

./evergreencoind getblockhash 845869
01bb31184a7e5ec016de7783638fa89ecd9b2b46d2925ce6f65b16719d8bda85

EDIT 3: Bittrex and YoBit are confirmed to be on the correct blockchain.

EDIT 4: C-Cex and Cryptopia are confirmed to be on the correct blockchain as well.

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