SIX3P0
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December 10, 2015, 10:51:47 PM Last edit: December 11, 2015, 12:02:09 AM by SIX3P0 |
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So have I got this right? SwagBucks = the currency for swagsociety.me and SwagSociety is a forum for swag people? People will think that your new currency is a currency for the task site Swagbucks IMO. in the ANN "I intend to integrate a torrent tracker with swagsociety.me for different altcoins bootstrap files. Where members are being paid for seeding them." EDIT: It would be nice to have a online store for SWAG. ie hats, rings, glasses ect
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notsofast
Legendary
Offline
Activity: 1517
Merit: 1042
@notsofast
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December 11, 2015, 12:22:28 AM |
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That net stake weight looks majorly off for a cryptocurrency with only 2kish coins. Unless there's something I'm not understanding about the stake age/weight multiplier for this coin. The staking diff looks super high as well for such a low coin supply.
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twitter.com/notsofast
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NoobKidOnTheBlock
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December 11, 2015, 12:25:00 AM |
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Is there a windows wallet yet? I wouldn't mind staking and mining some of these coins to see what happens
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ocminer
Legendary
Offline
Activity: 2688
Merit: 1240
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December 11, 2015, 12:29:17 AM |
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That net stake weight looks majorly off for a cryptocurrency with only 2kish coins. Unless there's something I'm not understanding about the stake age/weight multiplier for this coin. The staking diff looks super high as well for such a low coin supply. In two words: It's broken
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suprnova pools - reliable mining pools - #suprnova on freenet https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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TheInfidel
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December 11, 2015, 12:36:20 AM |
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Excellent, what more could one wish for in a coin? Also explains why I wasn't getting any rewards....
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NoobKidOnTheBlock
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December 11, 2015, 12:38:06 AM |
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So no answer on whether or not there is a windows wallet for this coin? I would just like to know if it is possible for me to start mining these things
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TheInfidel
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December 11, 2015, 12:39:35 AM |
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So no answer on whether or not there is a windows wallet for this coin? I would just like to know if it is possible for me to start mining these things
It's right there on the first page.
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Nthused
Legendary
Offline
Activity: 1554
Merit: 1001
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December 11, 2015, 12:44:27 AM |
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So no answer on whether or not there is a windows wallet for this coin? I would just like to know if it is possible for me to start mining these things
Yes there is but ocminer is right that the staking is kinda wongy, try at your own risk...
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NoobKidOnTheBlock
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December 11, 2015, 12:50:29 AM |
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So no answer on whether or not there is a windows wallet for this coin? I would just like to know if it is possible for me to start mining these things
Yes there is but ocminer is right that the staking is kinda wongy, try at your own risk... Thanks Nthused knew I could count on a good buddy like you mate
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NoobKidOnTheBlock
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December 11, 2015, 01:15:11 AM |
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Alright so I'm looking forward to mining this coin now for sure and thanks for the link to the windows wallet it synced with absolutely no problems whatsoever and that's the kind of wallets that I really like to use lol Cheers
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HammyCoin
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December 11, 2015, 02:52:41 AM |
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Is this your first DPOS folks? They always have insane stake weight. The "1" you see per coin when you hover over the icon represents an absolute fuckton of weight in the console, for every DPOS coin.
This one might be specifically worse, I haven't done any testing to determine what the relative magnitude of the weights are on normal DPOS coins, but I suspect your cause for alarm is unwarranted in this case.
(I have been a longtime critic of DPOS for this and other reasons, this staking system is more vulnerable to manipulation from every direction than any other)
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NoobKidOnTheBlock
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December 11, 2015, 04:56:46 AM |
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So if I read that correctly the POS has no min age like staking should start almost immediately when your coins are confirmed in your wallet? Or did I misread that somehow? Also when does the POS officially start for this coin?
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HammyCoin
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December 11, 2015, 07:00:25 AM Last edit: December 11, 2015, 07:53:26 AM by HammyCoin |
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Saying there is no coin age is specifying the POS as DPOS. HiPOS and normal POS both use coin age to determine the stake weight. With DPOS, all mature coins have the same stake weight so coin age is irrelevant.
You can see later in the post it specifies that 50 confirms are needed to mature and begin staking.
It is a clumsy way of approaching it but the dev probably didn't want to put DPOS in the title, because why advertise that you're using the worst POS system?
(I'm mining anyway fwiw)
edit: it is also common for developers to have no idea what staking system they are using, this appears to be true DPOS though based on my observations
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NoobKidOnTheBlock
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December 11, 2015, 09:10:17 AM |
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Saying there is no coin age is specifying the POS as DPOS. HiPOS and normal POS both use coin age to determine the stake weight. With DPOS, all mature coins have the same stake weight so coin age is irrelevant.
You can see later in the post it specifies that 50 confirms are needed to mature and begin staking.
It is a clumsy way of approaching it but the dev probably didn't want to put DPOS in the title, because why advertise that you're using the worst POS system?
(I'm mining anyway fwiw)
edit: it is also common for developers to have no idea what staking system they are using, this appears to be true DPOS though based on my observations
Thanks mate ya not too long after I posted that question my coins started staking anyways lmfao
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VenMiner
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December 11, 2015, 06:57:21 PM |
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I´m selling 17 for 0.05.
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NoobKidOnTheBlock
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December 11, 2015, 06:59:10 PM |
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I´m selling 17 for 0.05. I'll give you 0.005BTC for them
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NoobKidOnTheBlock
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December 11, 2015, 07:07:21 PM |
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I´m selling 17 for 0.05. I'll give you 0.005BTC for them Lol I wasn't trying to be rude I was being serious mate. These coins aren't even on any exchange yet so that is what I'm willing to pay for 17 of them. I wasn't cracking a joke or trying to insult you I just feel that 0.005BTC is way more of a fair price for 17 of these coins than 0.05BTC that's all
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VenMiner
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December 11, 2015, 07:14:19 PM |
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I´m selling 17 for 0.05. I'll give you 0.005BTC for them Lol I wasn't trying to be rude I was being serious mate. These coins aren't even on any exchange yet so that is what I'm willing to pay for 17 of them. I wasn't cracking a joke or trying to insult you I just feel that 0.005BTC is way more of a fair price for 17 of these coins than 0.05BTC that's all NP mate, i will wait for a exchange and see whats happen. i will keep minning and hope almost a stake...
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FarSider
Jr. Member
Offline
Activity: 91
Merit: 2
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December 11, 2015, 07:29:20 PM |
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What, swagcoin wasn't good enough for all of you? lol.
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NoobKidOnTheBlock
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December 11, 2015, 07:35:43 PM |
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What, swagcoin wasn't good enough for all of you? lol. What? I don't get it what do you mean it wasn't good enough for all of us? and why hide behind a Noobie sock puppet account? That's such a pussy thing to do mate like honestly lol Grow a pair if you are going to try to insult people or FUD a coin hahaha Anyways though I still don't understand what you mean
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