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Author Topic: [ANN][EGC] EverGreenCoin | Environmental Green Causes | Full 7% PoS | Foundation  (Read 273201 times)
Daedalus27
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February 10, 2017, 12:58:48 AM
 #3361



EverGreenCoin got a mention at a bitcoin meetup in the Netherlands today! A colleague of mine there snapped this picture for me. The topic was the negative environmental effects of cryptocurrency. EverGreenCoin was mentioned as one of the projects realizing and working away from that negative impact.

I am personally very pleased to once again see EverGreenCoin mentioned with honourable projects such as Stanford's Folding@Home and Foldingcoin.

If I collect any other pictures, I will be sure to share them.

Excellent screen capture. Encouraging  Smiley
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February 10, 2017, 04:56:45 AM
 #3362


We had gone through this in June with the PoW block time hardfork. This is the reason we still find v1.3 wallets and not v1.1 wallets, a protocol upgrade to the network forced the upgrade to v1.3. Selecting a point in time the old protocol version stops, all seednodes are upgraded to the new protocol version, users upgrade to the new protocol version then or in the future, and the blockchain continues. This is what I mean by 'big bang'.


Hi Steven,

    I imagined the commits would include a new minimum PoS difficulty and perhaps a revised implementation of our target spacing rules along with an incremented PROTOCOL_VERSION & MIN_PROTO_VERSION.

    A simulation with the upcoming client release and new network rules where there are several wallets carrying staking balances should produce convincing data to validate the coin parameters.

    Network rules specify the target spacing should be 180 seconds.
    https://github.com/EverGreenCoinDev/EverGreenCoin/blob/master/src/main.cpp#L1052    

    Network rules specify a retarget every 10 blocks.
    https://github.com/EverGreenCoinDev/EverGreenCoin/blob/master/src/main.cpp#L51

    One harbinger of the Evergreencoin 24-hour DoS bans for "block with too little proof-of-stake" has been when blocks are created too close together.

    I thought a bit about how a simulation might work.
    If there is just one staking node in the simulation, there are limited and very few reasons which may describe why target spacing would not be honored over retargeting windows.
    If there are just one or two staking nodes, there is not enough entropy to simulate the network when the PoS difficulty is at its minimum.
    If there are just enough staking nodes, then a network simulation with sufficient netstakeweight to approximate our current environment will permit the coin parameters to express themselves in the blockchain.

    Preparing a controlled environment for such a simulation would be a big job since there is no single group of Evergreencoin stakeholders, at this point, working together on a TestNet fork of the blockchain to simulate the MainNet environment's historical average netstakeweight in order to evaluate target spacing under the new network rules of the upcoming client release.

    Suppose a controlled environment were prepared with an arbitrary number of coin daemons, where a genesis block is created including a coinbase transaction of 13,239,136 EGC (current MainNet moneysupply).  The newly created EGC would then be divided among the arbitrary number of coin daemons and time passes until nStakeMinAge has occurred (24 hours).  Once the minimum stake age has been achieved, several of the coin daemons are brought online to begin staking and observations are made to evaluate network performance.  The simulation may be incrementally horizontally scaled by increasing the number of online coin daemons carrying a balance.  During the simulation, taking 30% - 70% of the netstakeweight offline to evaluate network performance would approximate real world conditions of our young network.

    What are your thoughts?

Best Regards,
-Chicago
    

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February 10, 2017, 09:05:50 AM
 #3363


EverGreenCoin got a mention at a bitcoin meetup in the Netherlands today! A colleague of mine there snapped this picture for me. The topic was the negative environmental effects of cryptocurrency. EverGreenCoin was mentioned as one of the projects realizing and working away from that negative impact.

I am personally very pleased to once again see EverGreenCoin mentioned with honourable projects such as Stanford's Folding@Home and Foldingcoin.

If I collect any other pictures, I will be sure to share them.
Great to see, thanks for sharing that...

That is significant and impressive - good to see EGC is reaching a wider audience - that can't be bad at all =)

I think EGC has a good future in the long term.

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February 10, 2017, 02:44:40 PM
 #3364


We had gone through this in June with the PoW block time hardfork. This is the reason we still find v1.3 wallets and not v1.1 wallets, a protocol upgrade to the network forced the upgrade to v1.3. Selecting a point in time the old protocol version stops, all seednodes are upgraded to the new protocol version, users upgrade to the new protocol version then or in the future, and the blockchain continues. This is what I mean by 'big bang'.


Hi Steven,

    I imagined the commits would include a new minimum PoS difficulty and perhaps a revised implementation of our target spacing rules along with an incremented PROTOCOL_VERSION & MIN_PROTO_VERSION.

    A simulation with the upcoming client release and new network rules where there are several wallets carrying staking balances should produce convincing data to validate the coin parameters.

    Network rules specify the target spacing should be 180 seconds.
    https://github.com/EverGreenCoinDev/EverGreenCoin/blob/master/src/main.cpp#L1052    

    Network rules specify a retarget every 10 blocks.
    https://github.com/EverGreenCoinDev/EverGreenCoin/blob/master/src/main.cpp#L51

Precisely, a new protocol version and a new minimum protocol version and an additional minimum PoS difficulty to be implemented by an if condition.The old minimum PoS difficulty does stay for blocks prior to the hardfork that is determined by the if condition.

   One harbinger of the Evergreencoin 24-hour DoS bans for "block with too little proof-of-stake" has been when blocks are created too close together.

    I thought a bit about how a simulation might work.
    If there is just one staking node in the simulation, there are limited and very few reasons which may describe why target spacing would not be honored over retargeting windows.
    If there are just one or two staking nodes, there is not enough entropy to simulate the network when the PoS difficulty is at its minimum.
    If there are just enough staking nodes, then a network simulation with sufficient netstakeweight to approximate our current environment will permit the coin parameters to express themselves in the blockchain.

    Preparing a controlled environment for such a simulation would be a big job since there is no single group of Evergreencoin stakeholders, at this point, working together on a TestNet fork of the blockchain to simulate the MainNet environment's historical average netstakeweight in order to evaluate target spacing under the new network rules of the upcoming client release.

    Suppose a controlled environment were prepared with an arbitrary number of coin daemons, where a genesis block is created including a coinbase transaction of 13,239,136 EGC (current MainNet moneysupply).  The newly created EGC would then be divided among the arbitrary number of coin daemons and time passes until nStakeMinAge has occurred (24 hours).  Once the minimum stake age has been achieved, several of the coin daemons are brought online to begin staking and observations are made to evaluate network performance.  The simulation may be incrementally horizontally scaled by increasing the number of online coin daemons carrying a balance.  During the simulation, taking 30% - 70% of the netstakeweight offline to evaluate network performance would approximate real world conditions of our young network.

    What are your thoughts?

Best Regards,
-Chicago
    



I have 5 nodes, one acting as the checkpoint server, all using a recent snapshot of MainNet. They are networked together but removed from the Internet. They are all staking various amounts. Since I can stop any and all wallets from actively staking, allow a considerable amount of time to pass, and then enable staking, I can trigger the hardfork minimum PoS difficulty to be enacted in this test environment reliably. Experimenting with different values does reflect in the results and I have found what I feel is a solid new minimum for PoS difficulty, .015

That is the goal of this hardfork, prevent PoS difficulty from becoming so low that the network is flooded with PoS blocks faster than consensus can be established network wide and forks forming.

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February 11, 2017, 12:27:09 AM
 #3365


The network upgrade will not be taking place until next weekend. Reason being, we will not have all hands on deck this weekend and people have expressed they would like more time. This gives us a full week to spread the word and possibly work in other enhancements to the EverGreenCoin wallet.

Of course, we will narrow the time down better this coming week.

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February 11, 2017, 11:24:43 PM
 #3366

https://evergreencoin.org/forums/topic/evergreencoin-version-1-5/


For those that may shutter at the words of "required upgrade" or "hardfork", you need to realize a few things. First and more obvious, EverGreenCoin needs to do have a functionally reliable blockchain. While most of the readers here have the computer literacy to cope with network troubles, 'layman', for lack of a better word, do not and may not wish to tolerate learning how to. This is an audience I wish to be able to participate in EverGreenCoin and all our environmental efforts.

Second, we have more than enough time to prepare and make sure everyone is prepared. Knowledge of it coming is the only preparedness we need to raise. As previously mentioned, exchanges and service providers have already been alerted. If users are not prepared or do not learn of the forthcoming network upgrade, no harm. In the absolute worst case, they will have to resync after they do upgrade. All coins will be safe and of course myself and others will gladly assist. Please retweet so people can become aware, https://twitter.com/EverGreenCoin_/status/830546566104678400

Third, EverGreenCoin has been through this previously. There will be none of the issues that other coins have had when trying to do similar. That said, please do not think it will be carried out without diligence. As done previously, all steps of the process will be thoroughly mapped and prepared for.

Forth, any crypto project with any longevity and that is cared for and aims to succed must go through this at some time. If they haven't yet, they will in time. As all the relevant technology evolves, so must the network.

In closing, I would like to sincerely thank all those that have tolerated the network issues of unintentional forks. Also the many that have helped me to support others during them. Once we can finally put that behind us, EverGreenCoin can truly reach its potential.

Thanks for reading and I will provide more details as soon as they are concrete.

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February 12, 2017, 09:20:26 AM
 #3367

https://evergreencoin.org/forums/topic/evergreencoin-version-1-5/


For those that may shutter at the words of "required upgrade" or "hardfork", you need to realize a few things. First and more obvious, EverGreenCoin needs to do have a functionally reliable blockchain. While most of the readers here have the computer literacy to cope with network troubles, 'layman', for lack of a better word, do not and may not wish to tolerate learning how to. This is an audience I wish to be able to participate in EverGreenCoin and all our environmental efforts.

Second, we have more than enough time to prepare and make sure everyone is prepared. Knowledge of it coming is the only preparedness we need to raise. As previously mentioned, exchanges and service providers have already been alerted. If users are not prepared or do not learn of the forthcoming network upgrade, no harm. In the absolute worst case, they will have to resync after they do upgrade. All coins will be safe and of course myself and others will gladly assist. Please retweet so people can become aware, https://twitter.com/EverGreenCoin_/status/830546566104678400

Third, EverGreenCoin has been through this previously. There will be none of the issues that other coins have had when trying to do similar. That said, please do not think it will be carried out without diligence. As done previously, all steps of the process will be thoroughly mapped and prepared for.

Forth, any crypto project with any longevity and that is cared for and aims to succed must go through this at some time. If they haven't yet, they will in time. As all the relevant technology evolves, so must the network.

In closing, I would like to sincerely thank all those that have tolerated the network issues of unintentional forks. Also the many that have helped me to support others during them. Once we can finally put that behind us, EverGreenCoin can truly reach its potential.

Thanks for reading and I will provide more details as soon as they are concrete.

Great, I look forward to upgrading to the latest version when it is released =)

Are the exchanges planning to upgrade too?

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February 12, 2017, 04:41:37 PM
 #3368


Great, I look forward to upgrading to the latest version when it is released =)

Are the exchanges planning to upgrade too?

Yes, exchanges along with anyone wanting to send, receive, or stake EverGreenCoin must upgrade. It will be a protocol upgrade and all other wallets will not meet the new protocol version and will be blocked. This is required because all other wallets do not have the code for the forthcoming hardfork. The entire network will only be version 1.5 wallets.

It's important to note that upgrading does not have to happen at a certain time. Exchanges will have to leave their wallet in maintenence until they do upgrade. Users will have to stop their existing wallet and not run it until they have upgraded. In the worst case, they will have to resync after they upgrade if they run their existing wallet past the time of the network upgrade (aka big bang).

The time this will occur is not set yet, but it will be next weekend. I will announce the exact time this will happen as soon as it is known. I want to be sure it is set at a time that is doable for as many service providers as possible. I do hope to have that time established as soon as possible.

If all this sounds confusing, do not worry. I will make it very simple in forthcoming announcements. All users need to know now is at some point in time next weekend, they will need to have stopped their EverGreenCoin software (all existing versions) and not run it again until they have upgraded to version 1.5. If they run any other version past that time, they will need to resync once they have upgraded.

I hope I have answered completely and everyone understands what will take place. If any further elaboration is needed, please do not hesitate to ask.



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February 12, 2017, 08:49:48 PM
 #3369


Great, I look forward to upgrading to the latest version when it is released =)

Are the exchanges planning to upgrade too?

Yes, exchanges along with anyone wanting to send, receive, or stake EverGreenCoin must upgrade. It will be a protocol upgrade and all other wallets will not meet the new protocol version and will be blocked. This is required because all other wallets do not have the code for the forthcoming hardfork. The entire network will only be version 1.5 wallets.

It's important to note that upgrading does not have to happen at a certain time. Exchanges will have to leave their wallet in maintenence until they do upgrade. Users will have to stop their existing wallet and not run it until they have upgraded. In the worst case, they will have to resync after they upgrade if they run their existing wallet past the time of the network upgrade (aka big bang).

The time this will occur is not set yet, but it will be next weekend. I will announce the exact time this will happen as soon as it is known. I want to be sure it is set at a time that is doable for as many service providers as possible. I do hope to have that time established as soon as possible.

If all this sounds confusing, do not worry. I will make it very simple in forthcoming announcements. All users need to know now is at some point in time next weekend, they will need to have stopped their EverGreenCoin software (all existing versions) and not run it again until they have upgraded to version 1.5. If they run any other version past that time, they will need to resync once they have upgraded.

I hope I have answered completely and everyone understands what will take place. If any further elaboration is needed, please do not hesitate to ask.





Hello Seven Sir

Just 1 question from me & which is "Are my EGC Safe on Bittrex Wallet" ?

I don't use Desktop Wallet & don't intend to use it either in future as well because I'm not interested in Staking.

Reply me so that I can be best assured.

Thanks a lot.
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February 12, 2017, 09:32:04 PM
 #3370


Hello Seven Sir

Just 1 question from me & which is "Are my EGC Safe on Bittrex Wallet" ?

I don't use Desktop Wallet & don't intend to use it either in future as well because I'm not interested in Staking.

Reply me so that I can be best assured.

Thanks a lot.

Absolutely yes. Your EverGreenCoin are absolutely safe at Bittrex. Bittrex is already aware of the plans and on standby for the announcement of the exact time.

Rest assured, your EverGreenCoin will be absolutely safe.



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February 13, 2017, 04:01:28 AM
 #3371


Great, I look forward to upgrading to the latest version when it is released =)

Are the exchanges planning to upgrade too?

Yes, exchanges along with anyone wanting to send, receive, or stake EverGreenCoin must upgrade. It will be a protocol upgrade and all other wallets will not meet the new protocol version and will be blocked. This is required because all other wallets do not have the code for the forthcoming hardfork. The entire network will only be version 1.5 wallets.

It's important to note that upgrading does not have to happen at a certain time. Exchanges will have to leave their wallet in maintenence until they do upgrade. Users will have to stop their existing wallet and not run it until they have upgraded. In the worst case, they will have to resync after they upgrade if they run their existing wallet past the time of the network upgrade (aka big bang).

The time this will occur is not set yet, but it will be next weekend. I will announce the exact time this will happen as soon as it is known. I want to be sure it is set at a time that is doable for as many service providers as possible. I do hope to have that time established as soon as possible.

If all this sounds confusing, do not worry. I will make it very simple in forthcoming announcements. All users need to know now is at some point in time next weekend, they will need to have stopped their EverGreenCoin software (all existing versions) and not run it again until they have upgraded to version 1.5. If they run any other version past that time, they will need to resync once they have upgraded.

I hope I have answered completely and everyone understands what will take place. If any further elaboration is needed, please do not hesitate to ask.





Hello Seven Sir

Just 1 question from me & which is "Are my EGC Safe on Bittrex Wallet" ?

I don't use Desktop Wallet & don't intend to use it either in future as well because I'm not interested in Staking.

Reply me so that I can be best assured.

Thanks a lot.

Saving your Coins at an exchange is always a risk. The desktop wallet is not only for staking. Hardware wallets always are more secure and you don't need to give your trust to any exchanges. And because of the good speed of EGC it should be no problem to send Coins from your wallet to an exchange to trade. Bittrex only needs 7 confirmations thats nothing for EGCs speed. For the moment your Coins are safe on Bittrex but I will never advise somebody to store the Coins on an exchange. Saving your Coins on an exchange is even worse than using an bank account from a unknown bank that you don't even khnow they are in debt. I hope some day everybody uses an easy to use desktop wallet to help the network and use full security like crypto coins are suppose to be.
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February 13, 2017, 10:18:41 AM
 #3372

Yes, exchanges along with anyone wanting to send, receive, or stake EverGreenCoin must upgrade. It will be a protocol upgrade and all other wallets will not meet the new protocol version and will be blocked. This is required because all other wallets do not have the code for the forthcoming hardfork. The entire network will only be version 1.5 wallets.

It's important to note that upgrading does not have to happen at a certain time. Exchanges will have to leave their wallet in maintenence until they do upgrade. Users will have to stop their existing wallet and not run it until they have upgraded. In the worst case, they will have to resync after they upgrade if they run their existing wallet past the time of the network upgrade (aka big bang).

The time this will occur is not set yet, but it will be next weekend. I will announce the exact time this will happen as soon as it is known. I want to be sure it is set at a time that is doable for as many service providers as possible. I do hope to have that time established as soon as possible.

If all this sounds confusing, do not worry. I will make it very simple in forthcoming announcements. All users need to know now is at some point in time next weekend, they will need to have stopped their EverGreenCoin software (all existing versions) and not run it again until they have upgraded to version 1.5. If they run any other version past that time, they will need to resync once they have upgraded.

I hope I have answered completely and everyone understands what will take place. If any further elaboration is needed, please do not hesitate to ask.

Thanks for the clarification - fingers crossed that all the exchanges will manage to move quickly - I suspect there may be a couple of issues with Yobit - I hear they are not always the fastest to respond to a wallet change request.

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February 13, 2017, 10:36:02 AM
 #3373

Quite some promising stuff inside. Especially the environmental thing. Will keep this on my watchlist

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February 13, 2017, 10:48:03 AM
 #3374

Quite some promising stuff inside. Especially the environmental thing. Will keep this on my watchlist
Welcome to the forum page - EGC is a great coin and has a very good community. Now is a great time to get involved as the price is undervalued (in my opinion).

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February 13, 2017, 01:16:29 PM
 #3375

Quite some promising stuff inside. Especially the environmental thing. Will keep this on my watchlist
Welcome to the forum page - EGC is a great coin and has a very good community. Now is a great time to get involved as the price is undervalued (in my opinion).

Welcome to the EverGreenCoin community, rotzbouf. Thanks for joining us.

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February 13, 2017, 01:54:45 PM
 #3376

Quite some promising stuff inside. Especially the environmental thing. Will keep this on my watchlist
Welcome to the forum page - EGC is a great coin and has a very good community. Now is a great time to get involved as the price is undervalued (in my opinion).

Welcome to the EverGreenCoin community, rotzbouf. Thanks for joining us.

Happy to be part of it Smiley

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February 13, 2017, 08:36:37 PM
 #3377


Great, I look forward to upgrading to the latest version when it is released =)

Are the exchanges planning to upgrade too?

Yes, exchanges along with anyone wanting to send, receive, or stake EverGreenCoin must upgrade. It will be a protocol upgrade and all other wallets will not meet the new protocol version and will be blocked. This is required because all other wallets do not have the code for the forthcoming hardfork. The entire network will only be version 1.5 wallets.

It's important to note that upgrading does not have to happen at a certain time. Exchanges will have to leave their wallet in maintenence until they do upgrade. Users will have to stop their existing wallet and not run it until they have upgraded. In the worst case, they will have to resync after they upgrade if they run their existing wallet past the time of the network upgrade (aka big bang).

The time this will occur is not set yet, but it will be next weekend. I will announce the exact time this will happen as soon as it is known. I want to be sure it is set at a time that is doable for as many service providers as possible. I do hope to have that time established as soon as possible.

If all this sounds confusing, do not worry. I will make it very simple in forthcoming announcements. All users need to know now is at some point in time next weekend, they will need to have stopped their EverGreenCoin software (all existing versions) and not run it again until they have upgraded to version 1.5. If they run any other version past that time, they will need to resync once they have upgraded.

I hope I have answered completely and everyone understands what will take place. If any further elaboration is needed, please do not hesitate to ask.





Hello Seven Sir

Just 1 question from me & which is "Are my EGC Safe on Bittrex Wallet" ?

I don't use Desktop Wallet & don't intend to use it either in future as well because I'm not interested in Staking.

Reply me so that I can be best assured.

Thanks a lot.

Saving your Coins at an exchange is always a risk. The desktop wallet is not only for staking. Hardware wallets always are more secure and you don't need to give your trust to any exchanges. And because of the good speed of EGC it should be no problem to send Coins from your wallet to an exchange to trade. Bittrex only needs 7 confirmations thats nothing for EGCs speed. For the moment your Coins are safe on Bittrex but I will never advise somebody to store the Coins on an exchange. Saving your Coins on an exchange is even worse than using an bank account from a unknown bank that you don't even khnow they are in debt. I hope some day everybody uses an easy to use desktop wallet to help the network and use full security like crypto coins are suppose to be.


Thanks a lot Brother for highlighting those issues with keeping Coins on an Exchange. I wasn't totally aware of it.

By the way does EGC have an Online Web Wallet or something like that where we get an EGC Address & then we can directly transfer all our EGC's from an Exchange to that Online Wallet.

Does Desktop Wallet also behaves in the same way because I really don't want to get in deep for Configuring the Nodes & all that, I'm not that much Technical when it comes to Setup & Install a Desktop Wallet & just want to keep it pure plain & simple, that's it.

So if there's a very simple way then let me know OR I'm still happy with them being resting on an Exchange.

Thanks a ton in advance.

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February 13, 2017, 09:01:09 PM
 #3378

Installing a desktop wallet is super simple. In windows you click the exe and follow the on-screen instructions. Nothing to setup if you just want a wallet.

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February 13, 2017, 10:40:42 PM
 #3379

https://evergreencoin.org/forums/topic/evergreencoin-version-1-5/





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February 13, 2017, 11:07:56 PM
 #3380


Great, I look forward to upgrading to the latest version when it is released =)

Are the exchanges planning to upgrade too?

Yes, exchanges along with anyone wanting to send, receive, or stake EverGreenCoin must upgrade. It will be a protocol upgrade and all other wallets will not meet the new protocol version and will be blocked. This is required because all other wallets do not have the code for the forthcoming hardfork. The entire network will only be version 1.5 wallets.

It's important to note that upgrading does not have to happen at a certain time. Exchanges will have to leave their wallet in maintenence until they do upgrade. Users will have to stop their existing wallet and not run it until they have upgraded. In the worst case, they will have to resync after they upgrade if they run their existing wallet past the time of the network upgrade (aka big bang).

The time this will occur is not set yet, but it will be next weekend. I will announce the exact time this will happen as soon as it is known. I want to be sure it is set at a time that is doable for as many service providers as possible. I do hope to have that time established as soon as possible.

If all this sounds confusing, do not worry. I will make it very simple in forthcoming announcements. All users need to know now is at some point in time next weekend, they will need to have stopped their EverGreenCoin software (all existing versions) and not run it again until they have upgraded to version 1.5. If they run any other version past that time, they will need to resync once they have upgraded.

I hope I have answered completely and everyone understands what will take place. If any further elaboration is needed, please do not hesitate to ask.





Hello Seven Sir

Just 1 question from me & which is "Are my EGC Safe on Bittrex Wallet" ?

I don't use Desktop Wallet & don't intend to use it either in future as well because I'm not interested in Staking.

Reply me so that I can be best assured.

Thanks a lot.

Saving your Coins at an exchange is always a risk. The desktop wallet is not only for staking. Hardware wallets always are more secure and you don't need to give your trust to any exchanges. And because of the good speed of EGC it should be no problem to send Coins from your wallet to an exchange to trade. Bittrex only needs 7 confirmations thats nothing for EGCs speed. For the moment your Coins are safe on Bittrex but I will never advise somebody to store the Coins on an exchange. Saving your Coins on an exchange is even worse than using an bank account from a unknown bank that you don't even khnow they are in debt. I hope some day everybody uses an easy to use desktop wallet to help the network and use full security like crypto coins are suppose to be.


Thanks a lot Brother for highlighting those issues with keeping Coins on an Exchange. I wasn't totally aware of it.

By the way does EGC have an Online Web Wallet or something like that where we get an EGC Address & then we can directly transfer all our EGC's from an Exchange to that Online Wallet.

Does Desktop Wallet also behaves in the same way because I really don't want to get in deep for Configuring the Nodes & all that, I'm not that much Technical when it comes to Setup & Install a Desktop Wallet & just want to keep it pure plain & simple, that's it.

So if there's a very simple way then let me know OR I'm still happy with them being resting on an Exchange.

Thanks a ton in advance.



The only web wallet for EverGreenCoin is PoSwallet.com, where your coins are group staked with other user's coins. But yes, you would be relying on their security as you would an exchange's.

There is no needed configuration of the desktop wallet. Seednodes are programmed into the wallet. It would even be staking by default 24 hours after your coins are deposited into your desktop wallet. Encyrpting the wallet is advisable and very simple, click the "settings" menu and select "encrypt wallet", then follow the prompts. However, your desktop wallet will need to sync with the network and that is a time consuming process.

To your original question, the answer is still yes. Your coins will be safe at Bittrex during the network upgrade. It is good you now understand the risks involved with any exchange. To add to what abyaby123 said, exchanges and service providers are also an attractive target for hackers. That said, Bittrex practices stringent security measures and is one of the more trusted exchanges.

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