[ANN][AVE][ICO] Avesta PoW 10s blocktime+accountnumbers+Inheritance+Private+App

[cranefist]

Update From Development:

- Updated version of Avesta Block explorer
- Avesta Fork was created after the ICO which allows new fields to the blocks to accomodate for the miners.
  Meaning also older versions of the Avesta Node (during ICO period) will not continue to sync.
- Mining Rewards will paid every 3 minutes
- The first period mining rewards will be delayed because of an error in the payment nodes
   Avesta Development is working hard to fix up the backlog (which is several tens of thousands of blocks)

Known Bugs:
- Visual Errors in the platform, explorer
- Mining Rewards not showing
- The node shows "TX verification Failed" This is because another node already processes the Transaction. (message will be removed next update)

coming soon:
Mining statistics Public and Private
Q1 Avesta Exchange (Beta Version)

Due to the Theft of the Laptop of our Main Dev, Development will continue as soon as possible.

Whoever missed the article or wants to mine:
https://blog.avesta.io/avesta-launch-platform-wallet-mining/

How do i get a wallet address? why isnt the wallet included?

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[Mark_l]

How do i get a wallet address? why isnt the wallet included?

- Go to the website (https://avesta.io/) and click on the register button in the middle of the page.

- Go through the registration process.

- Install the 'Civic' identity app on your phone and enter your details.

- Click login on the Avesta website homepage, then click 'login with Civic'

- A QR code will be displayed on screen, open Civic on your phone and tap the symbol in the bottom right of your phones screes (it's a green circle with a square and a cross).

- Point your camera at the QR code on the screen.

- Tap 'Authorise Avesta Portal' on your phones screen, you will then be logged in.

On your account screen you'll see an 'Account number', this is your wallet address. Avesta doesn't use adresses liek we are used to, it uses account numbers.

Hop that makes sense!

PS: I forgot to say, the wallet\account part of the site is currently down for maintenance (has been for a few hours). You may still be able to register though?? I don't know.

[cranefist]

How do i get a wallet address? why isnt the wallet included?

- Go to the website (https://avesta.io/) and click on the register button in the middle of the page.

- Go through the registration process.

- Install the 'Civic' identity app on your phone and enter your details.

- Click login on the Avesta website homepage, then click 'login with Civic'

- A QR code will be displayed on screen, open Civic on your phone and tap the symbol in the bottom right of your phones screes (it's a green circle with a square and a cross).

- Point your camera at the QR code on the screen.

- Tap 'Authorise Avesta Portal' on your phones screen, you will then be logged in.

On your account screen you'll see an 'Account number', this is your wallet address. Avesta doesn't use adresses liek we are used to, it uses account numbers.

Hop that makes sense!

PS: I forgot to say, the wallet\account part of the site is currently down for maintenance (has been for a few hours). You may still be able to register though?? I don't know.

So i can mine to the account number? Is the account number a wallet address? Does it exist in the blockchain? Will there ever be a proper wallet?

[Mark_l]

So i can mine to the account number? Is the account number a wallet address? Does it exist in the blockchain? Will there ever be a proper wallet?

1) Yes, you mine to the account number.

- Run the Avesta Core 'avestad.exe' program, let the blockchain sync
- Run the 'miner.exe' program with this command line "miner.exe --address XYZ123 --log-level 3" replacing XYZZ123 with your account number.

2) Yes the account number is the wallet address.

3) Errrrrr I don't know?

4) There is deffinately a mobile wallet (and a whole bunch of other stuff) planned on the roadmap.

[eliastt]

I managed to login but site is under maintenance.

[Mark_l]

Yup, its been out since this morning (about 10 hours ago). They are doing upgrades to the online wallet and the underlying systems.

I'm sure it'll be up again soon.

If you need any help they are fairly active on Facebook, just ping them a message.

[eliastt]

Yup, its been out since this morning (about 10 hours ago). They are doing upgrades to the online wallet and the underlying systems.

I'm sure it'll be up again soon.

If you need any help they are fairly active on Facebook, just ping them a message.

Tbanks for the info!

[Mark_l]

It's back up again   

[jannoi]

Upcoming Desktop Wallet builds:
Windows 64
Windows 32
Ubuntu 64
Ubuntu 32
OSX

Upcoming Mobile builds:
IOS / Android

Whoever is handy enough can access their own wallet via the AVE API
https://avesta.io/site/apidocs/account/
(more will be added soon)

In terms of account numbers: Yes - account numbers!!

[Mark_l]

Whoever is handy enough can access their own wallet via the AVE API
https://avesta.io/site/apidocs/account/
(more will be added soon)

Now there's an offer I can't refuse 

[eliastt]

Ok. I have started mining.

How long does it take to show the balance on https://app.avesta.io/wallet/v2 ?

Will there be support for xmr-stak or other miner software?

[Mark_l]

It took about a day for my balance to change, I think they have to manually trigger something at the back end to make the mining rewards show at the moment (it's still really early days).

As for adding GPU support, I kind of hope that they don't untill much later.

It's nice having a coin you can profitably mine with your CPU whilst your GPU(s) mine something else.

If they add GPU support then CPU mining may soon become unprofitable.

[eliastt]

It took about a day for my balance to change, I think they have to manually trigger something at the back end to make the mining rewards show at the moment (it's still really early days).

As for adding GPU support, I kind of hope that they don't untill much later.

It's nice having a coin you can profitably mine with your CPU whilst your GPU(s) mine something else.

If they add GPU support then CPU mining may soon become unprofitable.

Mark can you give a hint on how many coins you got per Kh ?

[Mark_l]

I'm honestly don't know for sure, I mined for a couple of days before my wallet updated and the software was up\down constantly in that time.

I woke up one morning to see it had stopped in the night and I've no idea how long it was running for.

On top of that there's no hash rate displayed in the mining software (yet).

What I can say is that I have two rigs, one's an i5 750 @3.8Ghz and the others a Ryzen 1700 @3.8Ghz and both have been mining as much as possible since just a few hours after the initial release.

I'd rather not say how much I have earned as I don't want to set any expectations, but it has deffinately been worth it.

Keep going 

[eliastt]

I'm honestly don't know for sure, I mined for a couple of days before my wallet updated and the software was up\down constantly in that time.

I woke up one morning to see it had stopped in the night and I've no idea how long it was running for.

On top of that there's no hash rate displayed in the mining software (yet).

What I can say is that I have two rigs, one's an i5 750 @3.8Ghz and the others a Ryzen 1700 @3.8Ghz and both have been mining as much as possible since just a few hours after the initial release.

I'd rather not say how much I have earned as I don't want to set any expectations, but it has deffinately been worth it.

Keep going 

Ok. Thanks for the info!

[cranefist]

It took about a day for my balance to change, I think they have to manually trigger something at the back end to make the mining rewards show at the moment (it's still really early days).

As for adding GPU support, I kind of hope that they don't untill much later.

It's nice having a coin you can profitably mine with your CPU whilst your GPU(s) mine something else.

If they add GPU support then CPU mining may soon become unprofitable.

This is a problem, as you do not have the keys for your wallet. So the coins are not really yours. They have the keys for your wallet.

The fact that they are not releasing an actual wallets is a big concern.

OK, just noticed that they are coming out with desktop wallets. Hope they are actual real wallets that operate in the blockchain.

[Mark_l]

I guess it all depends on your outlook. From an established crypto currency point of view, yes it is a problem.

But then again my bank, the one that I trust with my wages each month and a heck of a lot more real money than I'll ever have in crypto holds the keys to my account.

The difference is I trust my bank, they are regulated in law.

The question is, do you as an individual, trust these people?

I don't, yet. I have never bought into an ICO and I never will.

But I have seen enough (e.g. them going on camera to be interviewed etc) to make me think ther might be something in it.

At the very least it's worth some mining activity and we'll see where it goes. If they are genuine and they fulfill their roadmap (which I personally think they will) it will be awesome.

[cranefist]

I guess it all depends on your outlook. From an established crypto currency point of view, yes it is a problem.

But then again my bank, the one that I trust with my wages each month and a heck of a lot more real money than I'll ever have in crypto holds the keys to my account.

The difference is I trust my bank, they are regulated in law.

The question is, do you as an individual, trust these people?

I don't, yet. I have never bought into an ICO and I never will.

But I have seen enough (e.g. them going on camera to be interviewed etc) to make me think ther might be something in it.

At the very least it's worth some mining activity and we'll see where it goes. If they are genuine and they fulfill their roadmap (which I personally think they will) it will be awesome.

Comparing cryptos to banks is a bit childish, banks are regulated and monitored. But maybe this type of thinking appeals to some crypto nutcases.

And as you have only posted on this thread, not including one post that you have made to recommend Avesta as an ICO... i would not trust you either

Not to mention the standard western relatable name, like Mark... exactly what i would choose to make some low key advertisement for a project.

[eliastt]

The idea behind the project seems interesting. I like the logic they describe to start this.

I would like from the devs to chime in and give us some more details.

Ok. We started mining. When will we see the balance in our account?

When will the wallet binaries get released?

[Mark_l]

Comparing cryptos to banks is a bit childish, banks are regulated and monitored. But maybe this type of thinking appeals to some crypto nutcases.

I'm not really sure where you got that from? I believe my exact words were "The difference is I trust my bank, they are regulated in law" ?

And as you have only posted on this thread, not including one post that you have made to recommend Avesta as an ICO... i would not trust you either Smiley

I'm not asking you to  . I'm new to this, I like the look of what these guys are doing and this is my first real venture into crypto. I believe I said as much in that other post, and I'm simply airing my personal opinion.

I've seen what these guys have said they'll try to do and I have a good feeling about it, simple as that.

Not to mention the standard western relatable name, like Mark... exactly what i would choose to make some low key advertisement for a project. Smiley

LOL Believe it or not some people in this world are genuniely called Mark :-)

Anyway, everyone is entitled to thier own opinion. I wish you nothing but the best