[ANNOUNCE] paccoin a new SHA256D coin is being introduced

[wmcorless]

I need your help. I think I can solve my problem here. I see that the technical team of the coin is here and active. In June of last year, I bought 10,000,000 PacCoin. I installed the wallet and before syncing I sent the address for the transfer. Only because of the delay I gave up synchronizing. But now I have synchronized and the currencies do not appear in my balance. Here it shows that they exist. http://www.paccoinexplorer.us:3001/address/AzumtdFFoutTLXk4ZJtoxr4SJ6n2kWBotp. But it does not appear on my balance. The wallet is correct. Can someone please help me review my coins? I believe that someone else may have gone through this problem and managed to solve it. Help me, I want my coins to be active until February 1st.
Follows the TX Hash of Trading
b5d9f984ed69871a178aa8be1e935f4282c5e79623c69fe384242e845006deff

Please!

Try rescanning your wallet. Modify your shortcut like so:
"[path]/paccoin-qt.exe -rescan"

This will cause your wallet to rescan the entire blockchain and should work.

[wmcorless]

Can someone help? I feel really stupid. The FAQ says:

Do I need to decrypt my wallet for staking ?
Yes, go to help —> Console and type walletpassphrase yourpassphrase 999999

Does this mean to really type "yourpassphrase" or am I supposed to have a passphrase that I substitute in there? I don't remember making a passphrase.

If it helps, my getinfo says:
{
"version" : "v0.1.5.0-unk-beta",
"protocolversion" : 60007,
"walletversion" : 60000,
"balance" : 15483336.45641200,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 2614342,
"moneysupply" : 3429209221462.24902344,
"connections" : 18,
"proxy" : "",
"ip" : "72.222.147.199",
"difficulty" : 12734.84166331,
"testnet" : false,
"keypoololdest" : 1514881243,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"errors" : ""
}

I just want to make sure I'm staking.

If you want to use your wallet for staking, you will need to add the following command to your paccoin.conf file:

staking=1

Also you will need to leave your wallet unlocked. If you already locked it, you will need to transfer your paccoins to another wallet that has not been locked.

[metallicelmo]

Does anyone know how often you can stake with Paccoin? How old do the coins need to be once you have received a stake for the first time?

[wmcorless]

I want to congratulate the new Devs for their work with Paccoin. At first I was concerned that these guys had some nefarious purpose in mind, but I have to say they have won me over. They have done an incredible job with their marketing efforts, professional website design, and building a community.
They have brought a lot of newbies to the coin, which I believe is the reason Paccoin has surged in value so far.
So I just want to extend my congratulations to the New Devs! You know who you are.

Bill Corless
Paccoin founder.

[wmcorless]

Does anyone know how often you can stake with Paccoin? How old do the coins need to be once you have received a stake for the first time?

"coin age" is the key.

When you receive a coin, the coin age starts. As long as you don't spend it, the age continues.

After 30 days your coin will begin attempting to stake. Once it stakes, the coin age for the new coins start all over.

If you received coins each day, after 30 days your coins will begin staking daily.

When you spend the coins, the coin age is reset for the new owner.

I hope that helps!

[metallicelmo]

Does anyone know how often you can stake with Paccoin? How old do the coins need to be once you have received a stake for the first time?

"coin age" is the key.

When you receive a coin, the coin age starts. As long as you don't spend it, the age continues.

After 30 days your coin will begin attempting to stake. Once it stakes, the coin age for the new coins start all over.

If you received coins each day, after 30 days your coins will begin staking daily.

When you spend the coins, the coin age is reset for the new owner.

I hope that helps!

Is there a possibility to split the coins within the wallet so you get more groups that stay mature? I've seen this in other coins.

[Jaycee_nl]

If you want to use your wallet for staking, you will need to add the following command to your paccoin.conf file:
staking=1
Also you will need to leave your wallet unlocked. If you already locked it, you will need to transfer your paccoins to another wallet that has not been locked

That last sentence is actually not correct according to PAC: you can do staking while your wallet is locked. I advise to keep your wallet locked for security reasons.
In the PACcoin FAQ (https://paccoin.net/faq) you can read about it. They say:

"How to unlock the wallet for minting only?
Go to Help > Open Debug Window and there type:
walletpassphrase “your-password” 9999999 true
Please notice that your password is the one you created when the wallet was encrypted."

[DOGEbubble]

I want to congratulate the new Devs for their work with Paccoin. At first I was concerned that these guys had some nefarious purpose in mind, but I have to say they have won me over. They have done an incredible job with their marketing efforts, professional website design, and building a community.
They have brought a lot of newbies to the coin, which I believe is the reason Paccoin has surged in value so far.
So I just want to extend my congratulations to the New Devs! You know who you are.

Bill Corless
Paccoin founder.

Much to learn from here. 

[wmcorless]

For POS, any specific requirement for CPU?

All my PC miners only have Pentium G3220 dual-core CPU (3.0Ghz) and I can only assign one core for POS without interfering with mining other altcoins. I can invest an i3 if required

I recommend a multi-core cpu and plenty of ram. dual core may be fine, but I recommend more if you can get it.

Over time you computer will get more and more bogged down as it stakes because each coin staked becomes two new coins. So to fix this problem move bigger chunks from one wallet to another from time to time.

[Jaycee_nl]

@wmcorless: nice words from the pac coin founder, where did you find the text?
Thnx

[wmcorless]

If you want to use your wallet for staking, you will need to add the following command to your paccoin.conf file:
staking=1
Also you will need to leave your wallet unlocked. If you already locked it, you will need to transfer your paccoins to another wallet that has not been locked

That last sentence is actually not correct according to PAC: you can do staking while your wallet is locked. I advise to keep your wallet locked for security reasons.
In the PACcoin FAQ (https://paccoin.net/faq) you can read about it. They say:

"How to unlock the wallet for minting only?
Go to Help > Open Debug Window and there type:
walletpassphrase “your-password” 9999999 true
Please notice that your password is the one you created when the wallet was encrypted."

Well Jaycee_nl thanks for the correction, however I would like to point out that the "9999999" is in seconds the wallet is to be unlocked. After that time the wallet will automatically lock and proof of stake will cease. If you want a wallet that continues to stake I suggest you follow my advice.

[DOGEbubble]

For POS, any specific requirement for CPU?

All my PC miners only have Pentium G3220 dual-core CPU (3.0Ghz) and I can only assign one core for POS without interfering with mining other altcoins. I can invest an i3 if required

I recommend a multi-core cpu and plenty of ram. dual core may be fine, but I recommend more if you can get it.

Over time you computer will get more and more bogged down as it stakes because each coin staked becomes two new coins. So to fix this problem move bigger chunks from one wallet to another from time to time.

What is the annual rate (%) for POS minting?
I could not find the answer anywhere?

[wmcorless]

@wmcorless: nice words from the pac coin founder, where did you find the text?
Thnx

Are you questioning whether I wrote it or something?

[wmcorless]

For POS, any specific requirement for CPU?

All my PC miners only have Pentium G3220 dual-core CPU (3.0Ghz) and I can only assign one core for POS without interfering with mining other altcoins. I can invest an i3 if required

I recommend a multi-core cpu and plenty of ram. dual core may be fine, but I recommend more if you can get it.

Over time you computer will get more and more bogged down as it stakes because each coin staked becomes two new coins. So to fix this problem move bigger chunks from one wallet to another from time to time.

What is the annual rate (%) for POS minting?
I could not find the answer anywhere?

I estimate that 1000 paccoins should be worth 10,000 by year end. someone tell me what rate that is pls.

[DOGEbubble]

For POS, any specific requirement for CPU?

All my PC miners only have Pentium G3220 dual-core CPU (3.0Ghz) and I can only assign one core for POS without interfering with mining other altcoins. I can invest an i3 if required

I recommend a multi-core cpu and plenty of ram. dual core may be fine, but I recommend more if you can get it.

Over time you computer will get more and more bogged down as it stakes because each coin staked becomes two new coins. So to fix this problem move bigger chunks from one wallet to another from time to time.

What is the annual rate (%) for POS minting?
I could not find the answer anywhere?

I estimate that 1000 paccoins should be worth 10,000 by year end. someone tell me what rate that is pls.

Based on calculation: that would be about 9,000 PAC staked over one year or 900% annual rate; at least for the first year. 

[wmcorless]

For POS, any specific requirement for CPU?

All my PC miners only have Pentium G3220 dual-core CPU (3.0Ghz) and I can only assign one core for POS without interfering with mining other altcoins. I can invest an i3 if required

I recommend a multi-core cpu and plenty of ram. dual core may be fine, but I recommend more if you can get it.

Over time you computer will get more and more bogged down as it stakes because each coin staked becomes two new coins. So to fix this problem move bigger chunks from one wallet to another from time to time.

What is the annual rate (%) for POS minting?
I could not find the answer anywhere?

I estimate that 1000 paccoins should be worth 10,000 by year end. someone tell me what rate that is pls.

Based on calculation: that would be about 9,000 PAC staked over one year or 900% annual rate; at least for the first year.  

Yea that's about right.

[DOGEbubble]

For POS, any specific requirement for CPU?

All my PC miners only have Pentium G3220 dual-core CPU (3.0Ghz) and I can only assign one core for POS without interfering with mining other altcoins. I can invest an i3 if required

I recommend a multi-core cpu and plenty of ram. dual core may be fine, but I recommend more if you can get it.

Over time you computer will get more and more bogged down as it stakes because each coin staked becomes two new coins. So to fix this problem move bigger chunks from one wallet to another from time to time.

What is the annual rate (%) for POS minting?
I could not find the answer anywhere?

I estimate that 1000 paccoins should be worth 10,000 by year end. someone tell me what rate that is pls.

Based on calculation: that would be about 9,000 PAC staked over one year or 900% annual rate; at least for the first year.  

Yea that's about right.

Not bad if PAC price would never give up and would stay at 1 satoshi or above by the year end or beyond.
It might. I am the believer that popularity or the number of users or owners of a cryptocoin should be closely correlated with the real value which would be adjusted to show up in the ranking and market cap with time. 

[rickboy]

Whats the point of stake and multiply a coin with no buy orders?
Even if i become a PAC millionaire, no one will buy me a coin. :|

[RamesesLabs]

They have a pretty good blog but what are the rumors on the big announcement? It has to be more than just the upgraded wallet and coin swap news. Is there any possibility we could get a Bittrex listing in 2018?

[wmcorless]

Whats the point of stake and multiply a coin with no buy orders?
Even if i become a PAC millionaire, no one will buy me a coin. :|

Many of us had that problem. we had millions of worthless paccoins, then all of a sudden it was worth lots.

I guess the saying is true:  "All things come to he who waits..."