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Author Topic: [ANN] ✅ Xios PoS/PoW No ICO/No Airdrop/No Premine/ ⚡ 485+ Masternodes 🔥Scrypt🔥  (Read 95574 times)
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November 01, 2017, 07:11:53 AM
Last edit: November 01, 2017, 08:48:39 AM by skdsw
 #1101

3 blocks for a two days

Where are those 8 coins about wich wast post above  Huh
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November 01, 2017, 07:42:03 AM
 #1102

Hard refresh as I see block 50144.

Is XIOS POS now. ?
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November 01, 2017, 10:26:31 AM
 #1103

Hard refresh as I see block 50144.

Is XIOS POS now. ?

It has been for a while now.

                 ░▒▓▓▓▓▓▓▓▓▓▒▒░
           ░▒█████████████████████▒░
         ▓███████████████████████████▓░
      ░███████████████▓░▒███████████████░
     ▓██████████▓▓▒░        ▒▒▓▓██████████
   ░███▓                               ▒███▒
  ░████               ▒▒▒               ████▒
 ░█████░           ░███████░            █████▒
 ██████░          ░██      ██▒          ██████
░██████░          ██       ██           ██████▒
▓██████           ██░ ░   ░██           ███████
▓██████         ████████████████        ███████
▓██████        █████████████████        ███████
░██████▒       ███████████████       ░██████▓
 ███████       █████████████████       ▓██████
 ░███████       ████████████████      ▓██████▒
  ▒███████▒       ░ ░     ░ ░       ░███████▒
   ░████████▒                     ▒████████▒
     ▓████████▓░               ░▓█████████
      ░██████████▓░          ▓██████████░
         ▓██████████▒     ▒██████████▓░
           ░▒██████████▒▓█████████▓░
                 ░▒▓▓▓▓▓▓▓▓▓▒▒░
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November 01, 2017, 10:51:58 AM
 #1104

Hard refresh as I see block 50144.

Is XIOS POS now. ?

It has been for a while now.

Yes, XIOS is fixed POS + fixed MN Reward ( 0.33/0.66) since beginning.
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November 01, 2017, 11:53:29 AM
 #1105

question about masternode on vps, is it basically best for security to do it this way or can a masternode be setup on local machine that's on 24/7 no problems?
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November 01, 2017, 12:35:43 PM
 #1106

Hi there! Amazing project and very motivated team, it is great to be here with you all!
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November 01, 2017, 01:19:57 PM
 #1107

This coin is being dumped
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November 01, 2017, 02:14:52 PM
 #1108

This coin is being dumped

I thought it would find a bottom at 12k but it just keeps falling. It's what happens on the other side of a pump, as a long term investment it's hard to hold, even when it's rising because you never know when the rug gets pulled out from underneath you, traders have a longer memory than many give them credit for. That's why I said it shouldn't be done (at least not so bloody obviously), I wasn't trying to cause arguments.

Xios will recover because it's a good coin, but if it follows coins like Cloakcoin and becomes a popular pump coin it's all it will ever be, so if you want it to rise and hold there can't be a repeat of last time. Full disclosure I'm out now and do not intend to buy back in but wish everyone the best of luck, I hope to see Xios in the tens of dollars per coin range soon.

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November 01, 2017, 03:38:44 PM
 #1109

Xios is POS now? OR?

No premine , ICO Airdrop?



XIOS is POS all time, from beginning. Please read through the Specifications... no ICO, no Premine.
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November 01, 2017, 03:57:59 PM
 #1110

im interested on mining this coin thru POS.. i cant seem to find any tutorials on how to do this.. can someone send me links? appreciated thanks
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November 01, 2017, 04:19:55 PM
 #1111

This coin is being dumped

I thought it would find a bottom at 12k but it just keeps falling. It's what happens on the other side of a pump, as a long term investment it's hard to hold, even when it's rising because you never know when the rug gets pulled out from underneath you, traders have a longer memory than many give them credit for. That's why I said it shouldn't be done (at least not so bloody obviously), I wasn't trying to cause arguments.

Xios will recover because it's a good coin, but if it follows coins like Cloakcoin and becomes a popular pump coin it's all it will ever be, so if you want it to rise and hold there can't be a repeat of last time. Full disclosure I'm out now and do not intend to buy back in but wish everyone the best of luck, I hope to see Xios in the tens of dollars per coin range soon.

Nice having you around!

Could have just held on and staked this coin considering Staking and Masternoding is getting popular...

You as an investor have that choice.

Cheers,

MasterTrader777
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November 01, 2017, 04:20:10 PM
 #1112

im interested on mining this coin thru POS.. i cant seem to find any tutorials on how to do this.. can someone send me links? appreciated thanks

send coins to your wallet, unlock it for staking, wait ! Smiley
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November 01, 2017, 04:20:35 PM
 #1113

im interested on mining this coin thru POS.. i cant seem to find any tutorials on how to do this.. can someone send me links? appreciated thanks

send coins to your wallet, unlock it for staking, wait ! Smiley



Hello Everyone,

Seems like we have a bit of confusion about Proof of Stake and why some POS blocks are " Generated but not accepted " .

Allow me to break it down.  Grin

What is Proof of Stake?

Proof of stake is the process your wallet uses to validate transactions in a distributed consensus through creating new blocks on the blockchain. This is an alternative method to the more widely known process used by bitcoin; Proof of Work (POW).

Now XIOS is still in Proof of Work stage, with the current payout of 33.3 XIOS per block mined, but since block 1441 Proof of Stake has also kicked in!

Meaning now, if you keep all your XIOS in your Desktop wallet ( Unlocked for Staking ) you'll earn ON AVERAGE 6% a year,  + Compounded interest.



All you need to stake XIOS Coin is a Core version wallet with coins in it. The Core version wallet requires a copy of the entire blockchain on your computer.

When you first send XIOS to your wallet, they will be in what’s called an immature state and will not be able to stake right away. Maturity will be reached in 1 hour or so (30 blocks to be precise) and your XIOS will start to stake automatically.

As EVERYONE should already have their wallet encrypted for protection against theft, you will need to ensure the staking portion of your wallet is unlocked. This is accomplished by clicking ‘Settings -> Unlock Wallet for Staking’.

TIP: To maximize profits, it is best to leave your wallet running 24/7 due to compound interest earnings as well as earnings from transaction fees on the network. When there are more transactions occurring on the network, the transaction fees should start becoming larger than the staking rewards.

Now that you are all setup and staking like a pro, you will soon receive your first staking reward.

While the staked block is confirming there will be a portion of your coins that will be unavailable to spend until the block is fully confirmed. This portion will vary in amounts based on the staking weight of that particular staked block. You can change the amount the XIOS wallet holds for staking and non staking uses in your Preferences. If you only want 100 out of you 200 XIOS to stake and the other 100 ALWAYS available to move and do whatever with..Just set in the preferences.

Now lets talk about those funny looking transactions that are greyed out in your history.

Those are called Orphan Blocks!


An orphan block is a block that was generated by your wallet, but rejected from the blockchain; any coins created within it are lost. Orphan blocks will happen from time to time on just about all blockchain’s including Bitcoin. An orphan block is encountered when two wallets stake the ‘next block’ for the blockchain at nearly the same time. Since there can only be only be one ‘next block’, one of those closely minted blocks gets deemed an orphan and forgotten.

The first thing your wallet does after staking a block, is send out a message to all the connected nodes(wallets) to let them know that ‘I staked the next block’. If those wallets have already received that same ‘I staked the next block’ message from a different wallet, they will reply with something to the manner of ‘too late, keep trying’. Your wallet will then mark the block it created as an orphan block.

You will be able to identify an orphan block in two ways when looking at the transaction tab of your wallet; it will be shown in a light grey font and will also have a question mark icon beside it

Side note : Unconfirmed transactions amounts (regular and staked) have values enclosed with square brackets just as orphan blocks do, but the font will be black, not grey.

Facts: The block explorer reports a high number of orphan blocks daily, as the proof of stake currency is just ramping up... This may seem high when compared to some other coins, but is a by-product of having only a 1 min block time and 4 block re targets for difficulty.

Essentially, the chances of two wallets staking a block at almost the same time (event resulting in orphan block) will increase as the block time gets shorter.

I hope we ALL have a clear understanding of things now...

Now allow me to get into COIN CONTROL.

Yea, you have it in your wallets, you just need to enable it.

To get a deeper understanding of how staking works, we need to enable coin control in order to see how your coins are situated in the wallet. Coin control is disabled by default, so let’s go ahead and enable it.

Click ‘Settings -> Options’ from the menu bar. On the Options window, click the Wallet tab and ensure the ‘Enable coin control features’ button is checked.

Close the Options window by clicking ‘OK’ in the bottom right hand corner. You should now have some extra options in the SEND tab of your wallet. Click the INPUTS

The ‘Coin Selection’ window will now be displayed. This is where you can see how all your coins are really grouped/sorted in your wallet. From here you can see all coins that belong to each address in your wallet and that each address can have multiple groups of coins.

NOTE: Tree mode separates groups of coins by address whereas list mode shows them altogether.

NOTE: The Confirmations column shows the exact age of each group of coins.

Staking Explained

Staking is quite similar to a lottery; a new block on the blockchain is the equivalent of a lottery draw, and each group of coins staking represent a lottery ticket for the draw. The more tickets you have, the better chance you have of winning, this lottery takes place every 60 seconds totaling to about 1,440 winners each day!

There are some very important differences between staking and the lottery however. In a lottery draw, each ticket has an equal chance of winning; whereas in staking, the odds are not quite as straight forward. Each group of coins in your wallet have an associated value known as ‘weight’, the higher this value is, the better odds your group of coins have at staking a block. Coins with a weight of 1000 will have twice the chance to stake a block when compared to coins with a weight of 500. Although it is not necessary to know exactly how this weight is calculated, understanding the general concept is.

The following statements should suffice:

- Weight will be higher for a larger group of coins.

- Weight will increase as the coins become older. “coin age”

If you have a large group of coins that are very old, you have a very good chance of staking a block soon.

NOTE: There is an RPC command (getstakinginfo) that will show you the following: the weight of all your coins combined and the weight of the entire XIOS Coin staking network.

NOTE: A coin’s age is determined by the last time it was transferred on the network, the coin age is reset every time a coin is transferred. When you stake a block, the group of coins that staked it will have their age reset to zero.

Staking Rewards

Staking rewards pay out at a rate of 6% per year, this incentive is critical to the success of XIOS Coin as it ensures staking is profitable. The more actively staking nodes on the network, the more secure and strong our blockchain is. Without a significant amount of coins staking, the network could be susceptible to attacks; double spends etc…

To ensure you get the most out of staking, you simply need to keep your wallet open 24/7. The XIOS Coin wallet does all the hard work in behind the scenes automatically, all you have to do is set it and forget it.

If you are unable to keep your computer running all day, don’t worry too much as you can still get rewarded very well. Even while offline, your coins are aging and thus accumulating potential interest. As long as you don’t transfer coins before they stake a block, you will be rewarded.

I hope you have found this guide helpful in understanding how proof of stake works. Some may find this information useless and boring, but others might be fascinated like myself.

IF THIS HELPED YOU AND YOU'RE FEELING GENEROUS, HERES MY XIOS TIP ADDRESS :   2HkkGpghbKMbEqhZbL8jbt6xCvZh2USxXg

I will continue to post informative posts about this kinda stuff, so stick around!

Cheers,

MasterTrader777

Follow me on TWITTER ! www.TWITTER.com/TOSHIDESK

Littledragons
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November 01, 2017, 04:27:19 PM
 #1114

im interested on mining this coin thru POS.. i cant seem to find any tutorials on how to do this.. can someone send me links? appreciated thanks

send coins to your wallet, unlock it for staking, wait ! Smiley



Hello Everyone,

Seems like we have a bit of confusion about Proof of Stake and why some POS blocks are " Generated but not accepted " .

Allow me to break it down.  Grin

What is Proof of Stake?

Proof of stake is the process your wallet uses to validate transactions in a distributed consensus through creating new blocks on the blockchain. This is an alternative method to the more widely known process used by bitcoin; Proof of Work (POW).

Now XIOS is still in Proof of Work stage, with the current payout of 33.3 XIOS per block mined, but since block 1441 Proof of Stake has also kicked in!

Meaning now, if you keep all your XIOS in your Desktop wallet ( Unlocked for Staking ) you'll earn ON AVERAGE 6% a year,  + Compounded interest.



All you need to stake XIOS Coin is a Core version wallet with coins in it. The Core version wallet requires a copy of the entire blockchain on your computer.

When you first send XIOS to your wallet, they will be in what’s called an immature state and will not be able to stake right away. Maturity will be reached in 1 hour or so (30 blocks to be precise) and your XIOS will start to stake automatically.

As EVERYONE should already have their wallet encrypted for protection against theft, you will need to ensure the staking portion of your wallet is unlocked. This is accomplished by clicking ‘Settings -> Unlock Wallet for Staking’.

TIP: To maximize profits, it is best to leave your wallet running 24/7 due to compound interest earnings as well as earnings from transaction fees on the network. When there are more transactions occurring on the network, the transaction fees should start becoming larger than the staking rewards.

Now that you are all setup and staking like a pro, you will soon receive your first staking reward.

While the staked block is confirming there will be a portion of your coins that will be unavailable to spend until the block is fully confirmed. This portion will vary in amounts based on the staking weight of that particular staked block. You can change the amount the XIOS wallet holds for staking and non staking uses in your Preferences. If you only want 100 out of you 200 XIOS to stake and the other 100 ALWAYS available to move and do whatever with..Just set in the preferences.

Now lets talk about those funny looking transactions that are greyed out in your history.

Those are called Orphan Blocks!


An orphan block is a block that was generated by your wallet, but rejected from the blockchain; any coins created within it are lost. Orphan blocks will happen from time to time on just about all blockchain’s including Bitcoin. An orphan block is encountered when two wallets stake the ‘next block’ for the blockchain at nearly the same time. Since there can only be only be one ‘next block’, one of those closely minted blocks gets deemed an orphan and forgotten.

The first thing your wallet does after staking a block, is send out a message to all the connected nodes(wallets) to let them know that ‘I staked the next block’. If those wallets have already received that same ‘I staked the next block’ message from a different wallet, they will reply with something to the manner of ‘too late, keep trying’. Your wallet will then mark the block it created as an orphan block.

You will be able to identify an orphan block in two ways when looking at the transaction tab of your wallet; it will be shown in a light grey font and will also have a question mark icon beside it

Side note : Unconfirmed transactions amounts (regular and staked) have values enclosed with square brackets just as orphan blocks do, but the font will be black, not grey.

Facts: The block explorer reports a high number of orphan blocks daily, as the proof of stake currency is just ramping up... This may seem high when compared to some other coins, but is a by-product of having only a 1 min block time and 4 block re targets for difficulty.

Essentially, the chances of two wallets staking a block at almost the same time (event resulting in orphan block) will increase as the block time gets shorter.

I hope we ALL have a clear understanding of things now...

Now allow me to get into COIN CONTROL.

Yea, you have it in your wallets, you just need to enable it.

To get a deeper understanding of how staking works, we need to enable coin control in order to see how your coins are situated in the wallet. Coin control is disabled by default, so let’s go ahead and enable it.

Click ‘Settings -> Options’ from the menu bar. On the Options window, click the Wallet tab and ensure the ‘Enable coin control features’ button is checked.

Close the Options window by clicking ‘OK’ in the bottom right hand corner. You should now have some extra options in the SEND tab of your wallet. Click the INPUTS

The ‘Coin Selection’ window will now be displayed. This is where you can see how all your coins are really grouped/sorted in your wallet. From here you can see all coins that belong to each address in your wallet and that each address can have multiple groups of coins.

NOTE: Tree mode separates groups of coins by address whereas list mode shows them altogether.

NOTE: The Confirmations column shows the exact age of each group of coins.

Staking Explained

Staking is quite similar to a lottery; a new block on the blockchain is the equivalent of a lottery draw, and each group of coins staking represent a lottery ticket for the draw. The more tickets you have, the better chance you have of winning, this lottery takes place every 60 seconds totaling to about 1,440 winners each day!

There are some very important differences between staking and the lottery however. In a lottery draw, each ticket has an equal chance of winning; whereas in staking, the odds are not quite as straight forward. Each group of coins in your wallet have an associated value known as ‘weight’, the higher this value is, the better odds your group of coins have at staking a block. Coins with a weight of 1000 will have twice the chance to stake a block when compared to coins with a weight of 500. Although it is not necessary to know exactly how this weight is calculated, understanding the general concept is.

The following statements should suffice:

- Weight will be higher for a larger group of coins.

- Weight will increase as the coins become older. “coin age”

If you have a large group of coins that are very old, you have a very good chance of staking a block soon.

NOTE: There is an RPC command (getstakinginfo) that will show you the following: the weight of all your coins combined and the weight of the entire XIOS Coin staking network.

NOTE: A coin’s age is determined by the last time it was transferred on the network, the coin age is reset every time a coin is transferred. When you stake a block, the group of coins that staked it will have their age reset to zero.

Staking Rewards

Staking rewards pay out at a rate of 6% per year, this incentive is critical to the success of XIOS Coin as it ensures staking is profitable. The more actively staking nodes on the network, the more secure and strong our blockchain is. Without a significant amount of coins staking, the network could be susceptible to attacks; double spends etc…

To ensure you get the most out of staking, you simply need to keep your wallet open 24/7. The XIOS Coin wallet does all the hard work in behind the scenes automatically, all you have to do is set it and forget it.

If you are unable to keep your computer running all day, don’t worry too much as you can still get rewarded very well. Even while offline, your coins are aging and thus accumulating potential interest. As long as you don’t transfer coins before they stake a block, you will be rewarded.

I hope you have found this guide helpful in understanding how proof of stake works. Some may find this information useless and boring, but others might be fascinated like myself.

IF THIS HELPED YOU AND YOU'RE FEELING GENEROUS, HERES MY XIOS TIP ADDRESS :   2HkkGpghbKMbEqhZbL8jbt6xCvZh2USxXg

I will continue to post informative posts about this kinda stuff, so stick around!

Cheers,

MasterTrader777

Follow me on TWITTER ! www.TWITTER.com/TOSHIDESK


Simple and straight forward. The assistance in writing this is great for newbies and perfect for our growing little community Smiley

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burnedbyfees
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November 01, 2017, 04:28:31 PM
 #1115

This coin is being dumped

I thought it would find a bottom at 12k but it just keeps falling. It's what happens on the other side of a pump, as a long term investment it's hard to hold, even when it's rising because you never know when the rug gets pulled out from underneath you, traders have a longer memory than many give them credit for. That's why I said it shouldn't be done (at least not so bloody obviously), I wasn't trying to cause arguments.

Xios will recover because it's a good coin, but if it follows coins like Cloakcoin and becomes a popular pump coin it's all it will ever be, so if you want it to rise and hold there can't be a repeat of last time. Full disclosure I'm out now and do not intend to buy back in but wish everyone the best of luck, I hope to see Xios in the tens of dollars per coin range soon.

Nice having you around!

Could have just held on and staked this coin considering Staking and Masternoding is getting popular...

You as an investor have that choice.

Cheers,

MasterTrader777

Hey man, good luck with it. I'm sure it will pay off in the long run. I've just got other coins I'm into, I was planning to keep some because I know it will bounce back but there's just so many good prospects out there. Grin

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November 01, 2017, 05:03:52 PM
 #1116

It will pay out in long run - for sure ! Just wait for our news!
skdsw
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November 01, 2017, 06:03:36 PM
 #1117

This coin is being dumped

I thought it would find a bottom at 12k but it just keeps falling. It's what happens on the other side of a pump, as a long term investment it's hard to hold, even when it's rising because you never know when the rug gets pulled out from underneath you, traders have a longer memory than many give them credit for. That's why I said it shouldn't be done (at least not so bloody obviously), I wasn't trying to cause arguments.

Xios will recover because it's a good coin, but if it follows coins like Cloakcoin and becomes a popular pump coin it's all it will ever be, so if you want it to rise and hold there can't be a repeat of last time. Full disclosure I'm out now and do not intend to buy back in but wish everyone the best of luck, I hope to see Xios in the tens of dollars per coin range soon.

Nice having you around!

Could have just held on and staked this coin considering Staking and Masternoding is getting popular...

You as an investor have that choice.

Cheers,

MasterTrader777
My masternode is running 2days7hours
At first day I received 3 rewards, exactly as masternodes.pro site shows for XIOS now, next 31 hour till this moment no any reward
Masternode is running and in list
That's fine to hold coin when you are receiving rewards )
Littledragons
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November 01, 2017, 06:07:54 PM
 #1118

This coin is being dumped

I thought it would find a bottom at 12k but it just keeps falling. It's what happens on the other side of a pump, as a long term investment it's hard to hold, even when it's rising because you never know when the rug gets pulled out from underneath you, traders have a longer memory than many give them credit for. That's why I said it shouldn't be done (at least not so bloody obviously), I wasn't trying to cause arguments.

Xios will recover because it's a good coin, but if it follows coins like Cloakcoin and becomes a popular pump coin it's all it will ever be, so if you want it to rise and hold there can't be a repeat of last time. Full disclosure I'm out now and do not intend to buy back in but wish everyone the best of luck, I hope to see Xios in the tens of dollars per coin range soon.

Nice having you around!

Could have just held on and staked this coin considering Staking and Masternoding is getting popular...

You as an investor have that choice.

Cheers,

MasterTrader777
My masternode is running 2days7hours
At first day I received 3 rewards, exactly as masternodes,pro site shows for XIOS, next 31 hour till this moment no any reward
Masternode is running and in list
That's fine to hold coin when you are receiving rewards )


Yeah man, I mean there is a ton of MNs out there. Its impossible for MNs to be winners all the time. The network will stabilize after a while and eventually the nodes will reach an equilibrium. When there are too man, people dump, when there are not enough people chew the order books upwards.
It would be super nice for Masternodes to always give rewards but they dont create rewards out of thin air, there is a rhyme and reason to it as otherwise this would be a shitcoin

Edit: which it is not (I might add) Im actually shocked that the price is so low as the coin cap is also pretty low. Itll just take time

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skdsw
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November 01, 2017, 06:26:56 PM
 #1119

Littledragons I like your explaining  Smiley
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November 01, 2017, 08:00:45 PM
 #1120

We have a Marathon, no Sprint!
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