[ANN][SGL] Sigil - Decentralized, 0% Fee Crowdfunding

[yuno]

Help! It says "No payout address provided, switching to getwork" what does it mean? 

[1714621586]

1714621586

[1714621586]

1714621586

[1714621586]

1714621586

[Sigil-Developer]

Help! It says "No payout address provided, switching to getwork" what does it mean? 

That's normal if you're solo mining. The coins will be allocated to one of the keys in your wallet.

[yuno]

Help! It says "No payout address provided, switching to getwork" what does it mean? 

That's normal if you're solo mining. The coins will be allocated to one of the keys in your wallet.

Thank you sir! Also, would you kindly advise which is faster pool or solo mining?

[Sigil-Developer]

Help! It says "No payout address provided, switching to getwork" what does it mean? 

That's normal if you're solo mining. The coins will be allocated to one of the keys in your wallet.

Thank you sir! Also, would you kindly advise which is faster pool or solo mining?

No problem! And it really depends on your hashrate. If you have a really good mining rig you could find some blocks solo mining, but otherwise you probably won't find much unless you pool mine.

[alexwolf011]

Looks like sigilmining just scaming for hashing power.
Miners work, shares come and ... no blocks in 5+ hours.

Be careful with this coin!

It's really wired for the official pool. I give valid shares but do not receive any coins (giving shares but no unconfirmed coins).

Could any dev to give an explanation?

For now the block num is 10252.

DEV! give a normal pool please 

Time Since Last Block   8 hours 7 minutes 56 seconds

The official pool is back up. Sorry guys, I left to get some sleep and of course things go to shit as soon as I do. Turns out stratum was still working, but MPOS wasn't recording your blocks due to a faulty cron. I fixed it now, and the site is updated with all the new blocks. Don't worry, blocks were still being found, they just weren't showing up. If you check the site now, you can see all the blocks that were found overnight.

It is fixed now.  I receive mining coins. THX dev.

[AlexE2E4]

I explained it above--was a problem with MPOS.

Hello, Dev.
Looks like coin is not rock stable yet.
So, you just need few watchers or system "watchdog", who or that can reset pool or just alarm you to do it fast.
I am sure it will help.
Anyways, respect for your job.

[OXUS]

I explained it above--was a problem with MPOS.

Hello, Dev.
Looks like coin is not rock stable yet.
So, you just need few watchers or system "watchdog", who or that can reset pool or just alarm you to do it fast.
I am sure it will help.
Anyways, respect for your job.

maybe try second pool ?  ehhh cant beat dev premine pos difficulty, anyway im out

[GoldZeus]

The premine balance shouldn't be unlocked for staking, it's impossible to compete against that, I like the idea of the coin, but for now, it doesn't seem like an option for me.
Will keep looking into this project though and see what happens in the near future Good luck!

[mpchua]

Well I just hope DEV not to dump the coin into market after listed in exchange. But I dont think investor will buy this coin due to DEV staking with premined coin. What is the reason that investor buy this coin? Only pump and dump purpose? WOW

Yes, you said you stake the coin because you pay everything from your pocket. So you take roughly 60% POS reward. Is that meaning you are planning to dump the coin and get profit? Why not you just do ICO and don't involve with miner?

This coin is without masternode but only POS and DEV take roughly 60%  Haha

[ty48]

Alright, it's time to stop griping about speculation over what the staking revenue from the premine might be used for. Hop into the Slack and head to the #bounties and #giveaway channels. We've been giving out some of the staking revenue to faithful community members for the past few days. When the exchanges come back to us with their $7,000 - $25,000 listing fees, the team also won't be forcing you to pay that fee for SGL to get listed. They'll be covering it themselves, with a little help (but not much) from the staking revenue.

If you don't have enough SGL to be finding any POS blocks (we've gotten reports that even with 150 - 300 SGL, people are finding blocks), please consider working on one of the bigger bounties to get enough SGL to find POS blocks. If 25 SGL was enough to stake and make good returns, the coin would be worthless and rampant with inflation.

[thaian]

Are there any plans for listing SGL on exchange ?

[Madcatyoji]

Are there any plans for listing SGL on exchange ?

Yes, the Devs are actively working on it and have spoken with several exchanges. I think it's important to realize that just like Ty said they will be covering the fee for listing the coin on exchanges. Binance charges 75 bitcoins to list on their exchange currently. That's $1,021,501.12 to list with them... That's obscene. Some others are more reasonable, but still costly. The devs are paying that out of their own pockets. Remember SGL isn't worth anything until it's listed. They need this to succeed or it's a massive waste of resources for the entire team that is backing it and developing it.

If you haven't already check out the Slack and Subreddit.

[kulibih]

buy 600 coins
pm me

[lillywong]

Alright, it's time to stop griping about speculation over what the staking revenue from the premine might be used for. Hop into the Slack and head to the #bounties and #giveaway channels. We've been giving out some of the staking revenue to faithful community members for the past few days. When the exchanges come back to us with their $7,000 - $25,000 listing fees, the team also won't be forcing you to pay that fee for SGL to get listed. They'll be covering it themselves, with a little help (but not much) from the staking revenue.

If you don't have enough SGL to be finding any POS blocks (we've gotten reports that even with 150 - 300 SGL, people are finding blocks), please consider working on one of the bigger bounties to get enough SGL to find POS blocks. If 25 SGL was enough to stake and make good returns, the coin would be worthless and rampant with inflation.

  i do believe it has potential, but i do share concerns regarding to staking. Staking has gone up 10-20x in the last few days, from just basic probability that 100-150 coin stake will only be an exception in finding a pos block, you need 300-500 coins for that stake to be even sort-of daily on a regular basis according to your own data, ...with the developer and you and whom ever else in the team controlling at present at least 70-80% of actual supply, the staking odds for anyone with sub 1000 is 0.0004 or less. this is not an attack, but just a clarifying statement

 also, how do we know if your not independently wealthy? the dev stated in the slack that one of you had previous "experience" on a coin as a "lead developer" and a very strong/sucessful coin inferring wealth otherwise that argument is meaningless.....and i understand you have anonymity, but was that coin actually successful, can you provide a name or something to the product? did you make profit since most coins and even the most dim-witted of concepts in the last months havehad  successful growth were dev's made millions.? now if the coin or product was a failure in the past, you could help explain to us why it failed and how you hope to improve. you sir or madam are trying to win us over, so please navigate these waters respectfully. the fact you already have some sums of btc to buy listings on exchanges and have worked on a coin in the past/boosting your experience is a double edged sword and you must be straight-forward with you talk to us.

 the best case i believe to help alleviate this discord and bloody mess in the bitcointalk is for you, the dev and whoever else to come out clean with a proposal of where the coins all actually go, which wallets you control, presuming they are the top 10! also, it is not impossible for you to not stop staking, you could just close your wallets and it would help reduce all these issues by 90%. and providing more information about yourselves other than a vague outline and current finance  pattern would also help. i don't want to be rude, but you MUST understand that with all the bloody shitcoins now, there is reason for people to be spetkitcal, griping about a person we don't even know is not a irrational behavior.

i hate posting, but tone like that to people that are justifiably skeptical  about your team is fine and only madmen would follow blindly. the ico defense made is good, but most people are just afraid you will dump this coin when it hits a few dollars. having a face to a name provides security to us. think from our perspective

as long as your not a bunch of high school kids trying to make a get quick rich scheme, or a get richer and richer scam, i don't think most people will care who you guys are (also tell us the exactly the number of people at least? you , the dev and i believe a few more devs?) or you could at least name the school you guys came from, a "top research" school is the vaguest thing i have ever heard, like research in what? math, cs, bio, econ, those rankings are not the same. and plus a UMD and MIT are both considered good research schools, but MIT is like Cambridge in the UK.


still i wish you ty48, presuming you are ty in the slack, the best of luck, just be honest with us and help alleviate our concerns, and then we will back you.  

if you or the dev could get back to me asap, that would be encouraging to say the least.

[cdawall]

Just jumped in after seeing the supernova flag and reading up on what happened. I think that once the exchange takes the coin you will see people calm down. It is a bit weird for many to mine a coin without a home. The wallet issues I have dealt with on TZC, no idea why that particular part is causing such huge issues with people, but I get it. I rather like the idea and have turned one rig towards the official pool just to see what happens.

Wish you guys the best of luck in it and hope this isn't, just another shitcoin. The idea is good, don't ruin people's good faith being crooks.

Oh and it doesn't take anything staking to hit a bounty unless I am reading this wrong. 50 coins hit a 25 coin bounty and 75 has hit yet another in 5 days

http://img.techpowerup.org/180115/capture032.jpg

[tomd]

With staking at 50 and the hash neoscrypt - it is just a centralized money, better hold on to $$.
I have just 25 sigil so I can't stake. And the mining is centralized at about 20 people with ASIC that I can no where near compete with my 3 gpus.
So it come down to dev team+20 individuals making the calls. And approving almost all the block. Sounds centralized to me.

[Svob777]

It is necessary to put a coin on absolutely any exchange, then interest will appear to it. And then people will help to collect money for a new exchange

[chaos74]

DEV, you need masternodes!

[alexwolf011]

Mining works today in the official pool. My profit is normal.

I have a question: how to calculate the number of staking coins I can mine?

A simple calculation: if I have 100 SGL, what's the profit of staking coins in current situation?

Hope someone can give me a simple explanation.

Thanks in advance.

[Space Rabbit Maco]

With staking at 50 and the hash neoscrypt - it is just a centralized money, better hold on to $$.
I have just 25 sigil so I can't stake. And the mining is centralized at about 20 people with ASIC that I can no where near compete with my 3 gpus.
So it come down to dev team+20 individuals making the calls. And approving almost all the block. Sounds centralized to me.

Lolwhat? Neoscrypt is ASIC-resistant algo. What you talking about, bro?

Get about 250 SGL/day with 5x1070 + 2x1070Ti