[ANN] Growthcoin - GRW | PoW/PoS - 100% annual interest! | Updated version

[gross]

can't sync with old wallet "runtime erros" 

[hypersire]

I am no longer receiving the POS interest - I received some on Aug 29 but nothing at the end of Sep. None of my settings have changed and my wallet is unlocked.

To be honest, I am starting to think this coin was just a scam all along. The dev has disappeared and there is absolutely 0 volume on the 2 exchanges that it trades on.

[wmikrut]

Something is definitely not right.  I have received 0 pos and it's been just over 1 week since the time frame it should have kicked in.

The wallet is keeping by CPU 100% busy for days on end... and nothing to show for it.
Almost time to pull the plug on the wallet. 

[Grogorash]

this coin is dead!

[ranlo]

Something is definitely not right.  I have received 0 pos and it's been just over 1 week since the time frame it should have kicked in.

The wallet is keeping by CPU 100% busy for days on end... and nothing to show for it.
Almost time to pull the plug on the wallet.  

You don't get how PoS works... it's random. My first YAC PoS didn't land until a few months after it started trying to mint one.

You don't lose anything, though (other than compound interest). Interest is based on the number of coin days destroyed. So, for example:

You have 365 coins for a day and mint a block. You are rewarded 1 coin.
You have 365 coins for a week before minting a block. You are rewarded 7 coins.
You have 365 coins for a month before minting a block. You are rewarded 30-31 coins.
You have 365 coins for a year before minting a block. You are rewarded 365 coins.
You have X coins for Y period before minting a block. You are rewarded (x*y)/365 coins.

You *can* start minting them after like 5 days with GRW. That simply means it's when it becomes available. You could mint it in exactly 5 days or it could take many years.

Edit: FWIW, I've had MANY PoS blocks minted with GRW already, with the last being a week or so ago.

[wmikrut]

Yeah, no... I know exactly how stake works, thank you.

What concerns me is that I have been holding on to a sizable amount of GRW, as I do other POS based coins.
Over time, with coin-age, some of those coins are pulled into the stake category to 'try' and generate stake.

We're OK there.

What I do not see -- after several weeks, are ANY coins selected and moved into the Stake category to try and generate.
Yet, the client is 100% busy.

Though it clearly states that coins will be selected and start working to generate stake about 5-9 days after.
So am I to believe Growth coin works differently that all other POS coins... Scrypt and SHA?

[ranlo]

Yeah, no... I know exactly how stake works, thank you.

What concerns me is that I have been holding on to a sizable amount of GRW, as I do other POS based coins.
Over time, with coin-age, some of those coins are pulled into the stake category to 'try' and generate stake.

We're OK there.

What I do not see -- after several weeks, are ANY coins selected and moved into the Stake category to try and generate.
Yet, the client is 100% busy.

Though it clearly states that coins will be selected and start working to generate stake about 5-9 days after.
So am I to believe Growth coin works differently that all other POS coins... Scrypt and SHA?

It's not any different. Read the first line of my post, since you clearly skipped over it.

[qwep]

I do not know how you do but I am fine mined

[hypersire]

How come no updates from the dev? Who is supporting the coin?

And where is it traded now? It used to be traded against BTC on BTCLTC but now I only see it against CosmosCoin and there is absolutely no volume.

Does anyone have any more info on what's going on with this coin?

[myweblife]

You can trade GRW at https://coinex.pw/trade/grw_btc
It's very cheap now,lol

[Gorgoy]

You can trade GRW at https://coinex.pw/trade/grw_btc
It's very cheap now,lol

Glad to see that there is a Trading Site supporting this coin.

[Groc]

Is this coin still being maintained by the developers?
If you have a wallet with GrowthCoins, does it automatically get the 100% interest, or do only the miners get the interest?
What happens when the max coins are produced, where will the interest come from, or do you only get interest until all coins are produced?

[broken_pixel]

RIP GRW

[SolidStateSurvivor]

Can anyone sync the wallet? If not, can someone fix it? It's still on coinEX.

[almightyruler]

Can anyone sync the wallet? If not, can someone fix it? It's still on coinEX.

I just compiled and synced this coin. Looks like it has suffered the same fate as many other coins recently - a block with a timestamp LOWER than the previous block (instead of the expected higher) causes the retarget calculation to go off with the fairies, which means further mining is impossible.

Looks like the last proof-of-work block was successfully mined about 5 1/2 days ago. There don't seem to be any proof-of-stake blocks at all ( even though the thread title says it's a PoW/PoS coin ), which would normally continue to be minted even after PoW has failed, so the network has effectively ground to a halt.

Dev will need to fix.

[almightyruler]

Here's what happens when PoW mining is stalled. cgminer reports that it finds a block, but the client quietly ignores it (sometimes rejecting it), and the block is never propagated through the network.

Code:

 [2014-01-15 11:18:18] Found block for pool 0!
 [2014-01-15 11:18:27] Found block for pool 0!
 [2014-01-15 11:18:29] Found block for pool 0!
 [2014-01-15 11:18:32] Found block for pool 0!
 [2014-01-15 11:18:33] Rejected 46eb6893 Diff 924/666 BLOCK! GPU 3
 [2014-01-15 11:18:34] Found block for pool 0!
 [2014-01-15 11:18:47] Found block for pool 0!
 [2014-01-15 11:18:47] Rejected 0a899c83 Diff 6.22K/666 BLOCK! GPU 3
 [2014-01-15 11:18:51] Found block for pool 0!
 [2014-01-15 11:19:33] Found block for pool 0!
 [2014-01-15 11:19:33] Rejected 531c3d66 Diff 789/666 BLOCK! GPU 0
 [2014-01-15 11:19:42] Found block for pool 0!
 [2014-01-15 11:19:42] Rejected 1d8388ea Diff 2.22K/666 BLOCK! GPU 3

[tokyoghetto]

Name:    growthcoin
Posts:    30
Activity:    30
Position:    Member
Date Registered:    August 02, 2013, 03:10:11 AM
Last Active:    December 07, 2013, 01:59:20 PM

dev is long gone. anyone want to take over this coin?

[SolidStateSurvivor]

Name:    growthcoin
Posts:    30
Activity:    30
Position:    Member
Date Registered:    August 02, 2013, 03:10:11 AM
Last Active:    December 07, 2013, 01:59:20 PM

dev is long gone. anyone want to take over this coin?

Yeah, could someone at least fix the wallet. For starters.

[almightyruler]

Name:    growthcoin
Posts:    30
Activity:    30
Position:    Member
Date Registered:    August 02, 2013, 03:10:11 AM
Last Active:    December 07, 2013, 01:59:20 PM

dev is long gone. anyone want to take over this coin?

Yeah, could someone at least fix the wallet. For starters.

The fix for retargeting is simple (one extra line of code to check for negative time difference) but it will create a hard fork, so it requires everyone to adopt it, including exchanges and shops.

[SolidStateSurvivor]

Name:    growthcoin
Posts:    30
Activity:    30
Position:    Member
Date Registered:    August 02, 2013, 03:10:11 AM
Last Active:    December 07, 2013, 01:59:20 PM

dev is long gone. anyone want to take over this coin?

Yeah, could someone at least fix the wallet. For starters.

The fix for retargeting is simple (one extra line of code to check for negative time difference) but it will create a hard fork, so it requires everyone to adopt it, including exchanges and shops.

Right now, I think only CoinEX has this coin listed, I haven't seen any pools, lately.