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Author Topic: PPCoin Proof of Stake Minting Setup Guide  (Read 56633 times)
tx42
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March 18, 2014, 06:40:32 PM
 #101

How many of you actually hang on to these little copy cat coins for longer than the time it takes to hype them up and then dump them.

1 year?  Really?

You are a wanker.

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Stan-O
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April 04, 2014, 04:57:35 PM
 #102

to get minting going on an encrypted/locked wallet, i have seen several post the command, but nobody has said where to run this command.

May be self-explanatory to some, but i read everything and still took me a bit to figure it out.  I needed to get the latest wallet, that actually has the ability to open the debug/console windows.

In the PPC wallet, open the debug window, then console.

The console command line is where you input your walletpassphrase arguments, as shown below.  Use your own password.  lol


walletpassphrase walletpassword 999999 true


this is what finally unlocked my wallet for minting.
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April 04, 2014, 06:35:31 PM
 #103

Nice guide, any apps for mobile?.

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April 05, 2014, 08:17:02 PM
 #104

Folllowed the guide.  Bat opens fine, I hit enter a few seconds pause, no error message but the info line still says suspended.  Any ideas?
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April 08, 2014, 02:52:30 PM
 #105

since cold lock is not available till the next version, let me share half of my secret recipe for "safe enough minting", it goes like this:

make a script named mint
Code:
#!/bin/bash

stty -echo
read -p "rpc: " rpcpass; echo
read -p "wal: " walpass; echo
./ppcoind -rpcpassword=$rpcpass walletpassphrase $walpass 99999999 true
stty echo

and a script named query
Code:
#!/bin/bash

stty -echo
read -p "rpc: " rpcpass; echo
./ppcoind -rpcpassword=$rpcpass $1 $2 $3 $4 $5 $6 $7 $8 $9
stty echo

- put rpcuser/rpcpassword in ppcoin.conf
- run ppcoind as daemon
- remove rpcpassword line from ppcoin.conf
- run the mint script to unlock wallet
- run the query script to control your ppcoind, for example "query getinfo", you'll have to enter the rpc password every time

The idea is the intruder has to be a bit smart in order to steal your coin, after he gets he can take the encrypted wallet, but he cannot command the unlock wallet to send coins to his, since rpcpassword is not left anywhere, he has to plant trojans/keyloggers/or put some effort into it in order to take it,

although if you just do this, and never come back to query it, it should be reasonably safe, or to make query a bit safer, you could try to use SSL option on rpc, listen rpc on localhost, and make a ssh tunnel to it, then query it from the tunnel, intruder will have a harder time I guess,

that is all
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April 14, 2014, 08:26:34 PM
 #106

Just in case anyone is as big of a noob as me... make sure you name your .conf ppcoin.conf and not peercoin.conf.   That's what caused my issues getting this started.  Works great, thanks for the guide Smiley
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April 14, 2014, 09:26:26 PM
 #107

I Tried this a while back but it didnot work thanks to this official guide i think i can get it working now, thanks

please unban me.
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May 16, 2014, 03:40:48 PM
 #108

it makes me sad that it's still this hard to mint coins after more than a year of PPC....
A big button with "mint" on it would be nice! really, not even kidding. Things like this are gonna make sure ppcoin gets left behind.
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May 16, 2014, 03:54:43 PM
 #109

it makes me sad that it's still this hard to mint coins after more than a year of PPC....
A big button with "mint" on it would be nice! really, not even kidding. Things like this are gonna make sure ppcoin gets left behind.

The mint button is available on Peerunity (Peercoin community version)

http://www.peercointalk.org/index.php?topic=2648.0
http://www.peercointalk.org/index.php?topic=2785.msg24915#msg24915
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August 04, 2014, 03:53:53 PM
 #110

For the majority of users, the best option for a Peercoin wallet is now Peerunity. It is available for Windows, Linux, and OS X. It has more features than the standard client, and is also much easier to use (especially for minting).

Download it here: http://peercoin.net/download-peerunity

Read about Peerunity and FAQs: http://www.peercointalk.org/index.php?topic=2902.0

To mint using Peerunity:

Minting is now very easy. All you need to do is enable it in your client, and leave your client running with a connection to the Peercoin network. To start with, make sure you have encrypted your client with a strong passphrase that you will not lose. You will now need to get some coins in your wallet!

Then simply press the "Unlock Wallet for Minting Only" button, enter your passphrase and press OK.



You can check you are minting by looking at the little padlock in the bottom right corner of the client. It should now be unlocked. If you hover your mouse over it, it should say "Wallet is encypted and currently unlocked for block minting only".

How long it takes you to mint a block will depend on how many coins you have, and how long you've had them. Here's a handy tool to work out your chances: http://poscalculator.peercointalk.org/ (The current POS difficulty can be found by entering the command getdifficulty into the debug console of Peerunity...go to help -> debug window -> console).

Edit: Peerunity v0.1.1 now has a minting tab which shows some of this information too.
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February 10, 2015, 11:19:04 PM
 #111

thanks i will try in paycoin...
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September 13, 2015, 02:20:24 PM
 #112

Hi guys,

I have a question about the minting, using only ppcoind, whithout the gui.

Other stake coins daemons (blackcoin, clamcoin...etc)  have the "getstakinginfo" commad which lets you know if you are staking atm.

Not sure how to find this out on ppcoind?


The normal "ppcoind getinfo" command gives me the "unlocked_unitl" value, which is different from -1, which means the "walletpassphrase <passphrase> <timeout> [mintonly]" command worked.

But again, which command would be useful for checking the staking status in more detail with ppcoid?

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