★EquiTrader★EQT★🔹POW+POS🔹Monetizing Market Analysis On The Blockchain 📈

[misterbones]

HOW TO HELP THE CHAIN AND MINE THE BLOCKS

The current Blockchain Hull is due to mining difficulty which is making it impossible to mine blocks and move the chain .
We need a lot of hash power to move it and for that we need everyone's support .


GUIDE

1st ) Register & Create Workers

STRATUM : stratum+tcp://eqt.suprnova.cc:2408
First step is to make an account at https://eqt.suprnova.cc/
After making the account you need to create workers ( These workers will be the one which will help you mine EQT )



2nd ) Rent a Rig

Now you need to go to : https://www.miningrigrentals.com
Register and Make an Account
Deposit Bitcoin

After this you need to rent a rig .

GO HERE :- https://www.miningrigrentals.com/rigs/scrypt




Now you need to add your workers details which you created at supernova


Now you are ready to go , check the hash rate and go to https://www.miningrigrentals.com/account/myrentals to see the performance .

[CryptoBatsy]

Due to the sluggishness of the current blockchain, which is getting worse with each passing day, we will be making changes to the token protocol as follows.

Algorithm Type :-  POW + POS
Hashing Algorithm :- X11
Block Time :- 120 Secs
Block Reward ( POW ) :- 20
Block Reward Halving Rate :- 50,000 Blocks
PoS Interest per year :- 30%
Minimum Stake Age :- 1 Day
Maximum Stake Age :- 30 Days
Block Size :- 8 MB

This is how many blocks will be generated per day :- 720
The block reward will cut in half every 2.28 months.

A swap will need to be done. More info will be shared soon.

Interest rate is pretty decent, looking forward to staking my EQT.

[misterbones]

Please mine to move the chain .

[CryptoBatsy]

Please mine to move the chain .

I am mining this already. BTW what is best at this point withdraw from cryptopia and keep it in windows wallet or at coinexchange?

[petestheman]

EQT looking good . This is would be good with POS . 10-20$

[emage]

Please mine to move the chain .

I am mining this already. BTW what is best at this point withdraw from cryptopia and keep it in windows wallet or at coinexchange?

I'd like to know too.
After finally getting the wallet to sync I realised that the coinexchange wallet is in maintenance.
No withdraw atm.

[ohforf]

UPDATE

1) Difficulty Re-Target and Soft Fork .

We would soon be conducting a soft fork to fix the difficulty re-target as the current blockchain is going through difficulty issues which is making mining difficulty and is resulting in the halt of the blockchain . This is a quick fix to solve the current problem before we go for swaps .
Mining pools would have to update the source code and run the nodes .

2) POW + POS Algorithm

We have decided to go for POW + POS Hybrid due the reason that it is best of the both world . Miners can mine EQT and support the network whereas Investors can stake EQT in their wallet instead of the coins sitting ideal with no use whatsoever. 8 MB Block would make the blockchain scale able in future . PoS would add more energy efficiency benefits, the amount of electricity needed to process the blockchain would be greatly reduced. Also the probability of 51% attack will be decreased because it means having a vested stake "balance" within the network so attacking the network would not be in the users best interest since they will have to own 51% of the network to attack it.Since the security properties of PoS are not based on the extrinsic cost of validating the chain, the above attack is out of scope and we are free to shard/scale the network in a more traditional way which would be beneficial for EQT blockchain .

3) New Blockchain Release

After difficulty re-target is solved we would work with novaexchange for swapping EQT coins  ( Right now due to overwhelming pressure we are not able to contact them but we would do as fast as possible )
Swap window would remain open for 10 days where old EQT coins would be exchange with new EQT coins .
Right now due to the policy followed by cryptopia regarding swaps it is best to keep the coins off exchange , please withdraw after the soft fork has been completed .

New Blockchain release would be the permanent solution to the current problems faced by the EQT Block chain , all decisions are made keeping in mind the best interests of the community who have put faith in Equi Trader Project  .

[AltsBoom]

everything looks great with solid solutions

BUT fwiw, I think there needs to be more then 10 days to give people time to swap there coins.

You're gonna have a lot of people miss the swap and be royally pissed off :s

a month+ window would be more appropriate

[circuithead]

is there an eta on the soft fork /wallet update?

[wlefever]

So keep coins on cryptopia until after the swap or before?

[emage]

UPDATE

1) Difficulty Re-Target and Soft Fork .

We would soon be conducting a soft fork to fix the difficulty re-target as the current blockchain is going through difficulty issues which is making mining difficulty and is resulting in the halt of the blockchain . This is a quick fix to solve the current problem before we go for swaps .
Mining pools would have to update the source code and run the nodes .

2) POW + POS Algorithm

We have decided to go for POW + POS Hybrid due the reason that it is best of the both world . Miners can mine EQT and support the network whereas Investors can stake EQT in their wallet instead of the coins sitting ideal with no use whatsoever. 8 MB Block would make the blockchain scale able in future . PoS would add more energy efficiency benefits, the amount of electricity needed to process the blockchain would be greatly reduced. Also the probability of 51% attack will be decreased because it means having a vested stake "balance" within the network so attacking the network would not be in the users best interest since they will have to own 51% of the network to attack it.Since the security properties of PoS are not based on the extrinsic cost of validating the chain, the above attack is out of scope and we are free to shard/scale the network in a more traditional way which would be beneficial for EQT blockchain .

3) New Blockchain Release

After difficulty re-target is solved we would work with novaexchange for swapping EQT coins  ( Right now due to overwhelming pressure we are not able to contact them but we would do as fast as possible )
Swap window would remain open for 10 days where old EQT coins would be exchange with new EQT coins .
Right now due to the policy followed by cryptopia regarding swaps it is best to keep the coins off exchange , please withdraw after the soft fork has been completed .

New Blockchain release would be the permanent solution to the current problems faced by the EQT Block chain , all decisions are made keeping in mind the best interests of the community who have put faith in Equi Trader Project  .

Could you also get in contact with coinexchange and make sure that withdrawals are possible before the for?
I initially bought my EQT there at the very beginning and can't send my coins to the wallet as the wallet is in maintenance.
Support couldn't say how long though.

Thanks

[petestheman]

Looks good , all the best . I am invested in EQT it is one of the good low caps which would do good in future .

[Ganeshik]

To swap need more time. Many people do not have time and they would be screaming about it. It would undermine confidence.

[Snyler]

Good,

Is there a Mac Wallet available?

thanks

[bobitza202]

So what do i have to do for the swap? i have my eqt on the qt wallet  

[Redaxo]

I have got some EQT on Cryptopia. What should I do with them looking at the swap?

[Furious]

Time to go to Moon

[Furious]

Me after investing in EQT during the ICO . 

http://img.4plebs.org/boards/tg/image/1418/37/1418377088057.gif

[GreatBug]

HOW TO HELP THE CHAIN AND MINE THE BLOCKS

The current Blockchain Hull is due to mining difficulty which is making it impossible to mine blocks and move the chain .
We need a lot of hash power to move it and for that we need everyone's support .


GUIDE

1st ) Register & Create Workers

STRATUM : stratum+tcp://eqt.suprnova.cc:2408
First step is to make an account at https://eqt.suprnova.cc/
After making the account you need to create workers ( These workers will be the one which will help you mine EQT )



2nd ) Rent a Rig

Now you need to go to : https://www.miningrigrentals.com
Register and Make an Account
Deposit Bitcoin

After this you need to rent a rig .

GO HERE :- https://www.miningrigrentals.com/rigs/scrypt




Now you need to add your workers details which you created at supernova


Now you are ready to go , check the hash rate and go to https://www.miningrigrentals.com/account/myrentals to see the performance .

Thanx for the info , I am mining

Helps a lot

[Yurkov]

Waiting for the soft fork so the blockchain works properly