[ANN] SPOTS - The iGotSpots Super-Coin.. what more do you need to know?

[Mark Zuckerberg]

No wonder nobody else is staking.  It's because Spots is staking the main wallet and taking at least 3/5 stakes every hour.

99% premine + staking it all = pure greed

I had hopes for this coin, but since spots isn't going to let anyone else stake it's just going to die off like the rest.

http://explorer.cionz.pw/address/CNeNXXZ7hJbpsvC8bMtU8PSH8xuNSLAAxf

I said I was going to stake a bunch of them. I'm actually not staking currently though, and only do a few times a day now to move the chain along if it stalls for a few hours

16 minute blocks (90 per day on the whole network) are why staking is slow, as anticipated, and stated in OP

This is 100% intentional to give Spots and #2 all of the coins to control while leaving the rest of us with .1 stake rewards while they reap thousands on each block.

The rich get richer while the rest of us get nothing.

[1714474170]

1714474170

[iGotSpots]

No wonder nobody else is staking.  It's because Spots is staking the main wallet and taking at least 3/5 stakes every hour.

99% premine + staking it all = pure greed

I had hopes for this coin, but since spots isn't going to let anyone else stake it's just going to die off like the rest.

http://explorer.cionz.pw/address/CNeNXXZ7hJbpsvC8bMtU8PSH8xuNSLAAxf

I said I was going to stake a bunch of them. I'm actually not staking currently though, and only do a few times a day now to move the chain along if it stalls for a few hours

16 minute blocks (90 per day on the whole network) are why staking is slow, as anticipated, and stated in OP

This is 100% intentional to give Spots and #2 all of the coins to control while leaving the rest of us with .1 stake rewards while they reap thousands on each block.

The rich get richer while the rest of us get nothing.

Yes, it is intentional. You are correct in that I am saying exactly what I am going to do, and doing it. You are very wrong on others not being able to stake, though. I have told you guys how to stake efficiently. Put all your coins into one transaction, don't try to stake 132947498 tx for .25 coins each (until block 100k+)

[Mark Zuckerberg]

No wonder nobody else is staking.  It's because Spots is staking the main wallet and taking at least 3/5 stakes every hour.

99% premine + staking it all = pure greed

I had hopes for this coin, but since spots isn't going to let anyone else stake it's just going to die off like the rest.

http://explorer.cionz.pw/address/CNeNXXZ7hJbpsvC8bMtU8PSH8xuNSLAAxf

I said I was going to stake a bunch of them. I'm actually not staking currently though, and only do a few times a day now to move the chain along if it stalls for a few hours

16 minute blocks (90 per day on the whole network) are why staking is slow, as anticipated, and stated in OP

This is 100% intentional to give Spots and #2 all of the coins to control while leaving the rest of us with .1 stake rewards while they reap thousands on each block.

The rich get richer while the rest of us get nothing.

Yes, it is intentional. You are correct in that I am saying exactly what I am going to do, and doing it. You are very wrong on others not being able to stake, though

There are VERY few people staking.  What you're going to end up with is 4-5 people with a shit ton of coins and everyone else with nothing.

Congratulations you've lived up to your reputation.

[iGotSpots]

No wonder nobody else is staking.  It's because Spots is staking the main wallet and taking at least 3/5 stakes every hour.

99% premine + staking it all = pure greed

I had hopes for this coin, but since spots isn't going to let anyone else stake it's just going to die off like the rest.

http://explorer.cionz.pw/address/CNeNXXZ7hJbpsvC8bMtU8PSH8xuNSLAAxf

I said I was going to stake a bunch of them. I'm actually not staking currently though, and only do a few times a day now to move the chain along if it stalls for a few hours

16 minute blocks (90 per day on the whole network) are why staking is slow, as anticipated, and stated in OP

This is 100% intentional to give Spots and #2 all of the coins to control while leaving the rest of us with .1 stake rewards while they reap thousands on each block.

The rich get richer while the rest of us get nothing.

Yes, it is intentional. You are correct in that I am saying exactly what I am going to do, and doing it. You are very wrong on others not being able to stake, though

There are VERY few people staking.  What you're going to end up with is 4-5 people with a shit ton of coins and everyone else with nothing.

Congratulations you've lived up to your reputation.

RAEDING OP IZ HURD  

[RobRoy]

CIONZ TEST P2POOL

http://coinminer.net:9433/static/

please try!!


NOT WORKING

[Mark Zuckerberg]

No wonder nobody else is staking.  It's because Spots is staking the main wallet and taking at least 3/5 stakes every hour.

99% premine + staking it all = pure greed

I had hopes for this coin, but since spots isn't going to let anyone else stake it's just going to die off like the rest.

http://explorer.cionz.pw/address/CNeNXXZ7hJbpsvC8bMtU8PSH8xuNSLAAxf

I said I was going to stake a bunch of them. I'm actually not staking currently though, and only do a few times a day now to move the chain along if it stalls for a few hours

16 minute blocks (90 per day on the whole network) are why staking is slow, as anticipated, and stated in OP

This is 100% intentional to give Spots and #2 all of the coins to control while leaving the rest of us with .1 stake rewards while they reap thousands on each block.

The rich get richer while the rest of us get nothing.

Yes, it is intentional. You are correct in that I am saying exactly what I am going to do, and doing it. You are very wrong on others not being able to stake, though

There are VERY few people staking.  What you're going to end up with is 4-5 people with a shit ton of coins and everyone else with nothing.

Congratulations you've lived up to your reputation.

RAEDING OP IZ HURD  

Yep, about as hard a writing an OP that will give people enough information.

Grow up Spots.

[iGotSpots]

 

Premine will be used to pay bounties or something. Or maybe I'll sell some if staking is slow. Perhaps I'll just stake them forever and inflate the market cap
I don't know, we'll see how it goes. If you make something, I'll send you some. Might do some campaigns or something to spread the word, who knows

RAEDING IZ HURD!?!!

[jacko0088]

mark you have pm...  

@spots --> why I'm not in the richest list? I have more than 300 CIONZ

[iGotSpots]

mark you have pm...  

@spots --> why I'm not in the richest list? I have more than 300 CIONZ

Are they all in one address or did they come from mining? Mining puts reward in a new address each time

[jacko0088]

Two wallets solo mining..merged

https://gyazo.com/eca01c21578336e7fbb06215fc07fad7

[iGotSpots]

Two wallets solo mining..merged

https://gyazo.com/eca01c21578336e7fbb06215fc07fad7

http://explorer.cionz.pw/address/CT4CMn8B4HhyM3chKojtAswPSWCFghdF9B shows 116, I don't think you combined them yet. If you did, how many confirmations does the tx have? May need a few blocks to update if you did it very recently

[jacko0088]

I see, but they were confirmed 2 days ago!

Wallet 2 showing -> 0 CIONZ

Wallet 1 showing -> 318.589837 CIONZ

I think there's something wrong with the explorer.


.......LOL

[jacko0088]

Here is my other wallet

http://explorer.cionz.pw/address/CT4CMn8B4HhyM3chKojtAswPSWCFghdF9B

The value of each wallet is correct, but they were merged at 03/01/2016 09.59

[jacko0088]

Mark -50?

http://explorer.cionz.pw/address/CKbhmuxz9BmjFGM7osbpERMvefByqdRohU

 


I'm currently the 13th richest but only with my second wallet....the rest? Just disappeard if you use the explorer!

[jc12345]

No wonder nobody else is staking.  It's because Spots is staking the main wallet and taking at least 3/5 stakes every hour.

99% premine + staking it all = pure greed

I had hopes for this coin, but since spots isn't going to let anyone else stake it's just going to die off like the rest.

http://explorer.cionz.pw/address/CNeNXXZ7hJbpsvC8bMtU8PSH8xuNSLAAxf


And take a look at the #2 address:
http://explorer.cionz.pw/address/CNeNXXZ7hJbpsvC8bMtU8PSH8xuNSLAAxf

Good job Spots, you got us again.

Mark, I think you are a bit hasty with your assessment. Lets first wait and see what spices Spots put in the pot and how things play out for the next few thousand blocks and once the chain is up to speed on auto-pilot. I somehow get the feeling that the main purpose of the premine is to make the chain move when needed because a low supply coin has a big risk of the chain getting stuck and then you can do nothing. I don't think that the premine stakes are a big deal at this point. This is the scenario I am betting on. I could be wrong, but I am taking the chance since in crypto you don't put in that you are not willing to lose.

Besides, I like off-beat, dark horse and different stuff and that is why I am intrigued to see how this will play out and what happens next.

[iGotSpots]

We are looking into the rich list display. Keep posting results please

[iGotSpots]

Btw, I have not staked in over 4 hours with the premine. Notice how the chain has stalled?

[Mark Zuckerberg]

Btw, I have not staked in over 4 hours with the premine. Notice how the chain has stalled?

You're right.  It's your coin and you can do as you please.

I'll move along.  Good luck to you all.

[Mark Zuckerberg]

No wonder nobody else is staking.  It's because Spots is staking the main wallet and taking at least 3/5 stakes every hour.

99% premine + staking it all = pure greed

I had hopes for this coin, but since spots isn't going to let anyone else stake it's just going to die off like the rest.

http://explorer.cionz.pw/address/CNeNXXZ7hJbpsvC8bMtU8PSH8xuNSLAAxf


And take a look at the #2 address:
http://explorer.cionz.pw/address/CNeNXXZ7hJbpsvC8bMtU8PSH8xuNSLAAxf

Good job Spots, you got us again.

Mark, I think you are a bit hasty with your assessment. Lets first wait and see what spices Spots put in the pot and how things play out for the next few thousand blocks and once the chain is up to speed on auto-pilot. I somehow get the feeling that the main purpose of the premine is to make the chain move when needed because a low supply coin has a big risk of the chain getting stuck and then you can do nothing. I don't think that the premine stakes are a big deal at this point. This is the scenario I am betting on. I could be wrong, but I am taking the chance since in crypto you don't put in that you are not willing to lose.

Besides, I like off-beat, dark horse and different stuff and that is why I am intrigued to see how this will play out and what happens next.

You're right, we shall see.  Your answer is much more appreciated than the one from iGotSpots.

Good luck to you.

[ryanb]

i have over 3000 coins and i haven't staked once yet. Is this normal?

I see that we are at block 50608 is this correct?