[ANNOUNCE] paccoin a new SHA256D coin is being introduced

[DAWN777]

paccoin dev team should better do something fast as the coinmarket cap look shows a really declining state of things its worrying too that the windows desktop wallet isnt functioning fine for most of us and their dev team isnt helping matters to that regards help your commuinty store their coins i really dont understand how they consider proper integration and adequate bug fixing of the desktop wallet for windows has become a trivial matter for paccoin team do they not lknow that people cant buy if the wallet storage is having issues and also the redemption  isnt even happening in the exchange wallet.

[JesusJames]

Breaking news- Novaexchange will stay open
https://novaexchange.com/news/  https://c-cex.com/i/s/19.gif
 

But it appears as though they've nixed the "sign up" function of their site.  And after reading some tweets, it appears as though this has been the case for a few weeks now.  Probably because they were planning to shut it down.  Definitely not because they were having too much traffic by looking at the volumes of the stuff being traded.  But sure as shit,  paccoin is listed in all their market pairs.  Anyone have an active Nova Exchange account and would be willing to sell my paccoin for me?  I'll pay 10%.  

[nemilose]

I am having problem with my wallet since yesterday. It was synchronized but suddenly got out of sync. It has been synchronizing since yesterday, but the number of remaining blocks is increasing. A few hours ago it was 2.623.426 of 2.625.536, and now it is 2.623.426 of 2.626.166. In fact, the number of downloaded blocks is remaining the same. The last received block was generated 1 day ago. Maybe it is related to the problem @breakcrypto noticed.

I have managed to solve the problem by reinstalling the wallet.

[GimoIng]

Breaking news- Novaexchange will stay open
https://novaexchange.com/news/  
 

But it appears as though they've nixed the "sign up" function of their site.  And after reading some tweets, it appears as though this has been the case for a few weeks now.  Probably because they were planning to shut it down.  Definitely not because they were having too much traffic by looking at the volumes of the stuff being traded.  But sure as shit,  paccoin is listed in all their market pairs.  Anyone have an active Nova Exchange account and would be willing to sell my paccoin for me?  I'll pay 10%.  

I'm in, but volumes are extremely low, this is not a good idea in my opinion.

[tousika]

I can not download pac coin wallet

[rhasan]

With recent development activity i checked the price in Cryptopia.... and OMG ! ..... it's just 1 satoshi...........
Perfect time to buy a Bag Full ..........
Any change in price will make it double, triple..... x10 ...

Question.... I am new to crypto and bought some paccoin on cryptopia. I heard about the switch over soon and am wondering if I am supposed to change wallets or can I just let them sit in cryptopia? Anyone help out on this question? Thanks

if you want to hold then transfer from cryptopia to desktop wallet. Otherwise, keep on Cryptopia if want want to sell before March 1.

[joshslokam]

I see all transactions and complete balance in explorer for my wallet (3 transactions). But there aren't two from three transactions in my PC-wallet. I see 1st transaction only in my PC-wallet. Also right now i have 93% net synchronization in my PC-Wallet.

everything ended well after full sync. i see now all my transactions. tnx god now waiting for new-Pac

btw data folder was over 7gb during syncronization, now is 3gb,  hmm

[DOGEbubble]

With recent development activity i checked the price in Cryptopia.... and OMG ! ..... it's just 1 satoshi...........
Perfect time to buy a Bag Full ..........
Any change in price will make it double, triple..... x10 ...

Question.... I am new to crypto and bought some paccoin on cryptopia. I heard about the switch over soon and am wondering if I am supposed to change wallets or can I just let them sit in cryptopia? Anyone help out on this question? Thanks

if you want to hold then transfer from cryptopia to desktop wallet. Otherwise, keep on Cryptopia if want want to sell before March 1.

Isn't it better to put PACs in the exchange at least right before March 1 so that the exchange will do the coinswap for you? It would be better to put PACs in your own wallet client before that to create coin age of 30 days or more to qualify POS minting and you have about 15 days to do the POS staking/minting for the about 10% minting rewards (for the 30-45 days of coin age). (for the 7-9% per 30 days of POS.)  

[rhasan]

Without any different value proposition, this coin has no future. Let's see.

Dont know, why would people buy this coin?

[wmcorless]

I posted a pull request:

https://github.com/wmcorless/paccoin/pull/12

You can see the code changes. If it's not accepted in a few hours, I can compile the client and post if people want.

Do you think the devs want to patch the forking issue? Have you heard anything?

I ran a test with the proposed solution. It doesn't appear to help but hurt the network. The proper procedure is to orphan a chain the network rejects. This is part of the consensus building of the network. The proposed solution eliminates this, and actually accepts forks. The end result is unlimited forks and eventual breaking of the coin.
The code works as is.

[wmcorless]

Without any different value proposition, this coin has no future. Let's see.

Dont know, why would people buy this coin?

Well I disagree, Paccoin has been and will be the best coin.

1. It has very fast transfer rate from user to user. You wouldn't know it with some of the exchanges, but that's because they don't make those coins available to you for whatever reasons. (I am currently building PACEXC.com which is short for Pac Exchange. This site is not yet fully online, but to run a test, to see how fast sending paccoin is. set up an account there and send yourself one paccoin, you will be amazed at how fast it shows up in your wallet.)

2. Paccoin pays the best rewards. No other coin pays in proof of stake like Paccoin. I have heard criticisms that with paccoin "the rich get richer" well let me tell you this. Paccoin supports free markets. If you don't support free markets why are you here?

3. Is there a future for Paccoin after the redemption. Sure there is. You may want to take advantage of the redemption, but you may also want to keep some paccoin. I think a lot of the uncertainty out there is causing paccoin to go down in value, but that may be a good thing. It gives people an opportunity to buy paccoin at bargain prices.

[wmcorless]

paccoin dev team should better do something fast as the coinmarket cap look shows a really declining state of things its worrying too that the windows desktop wallet isnt functioning fine for most of us and their dev team isnt helping matters to that regards help your commuinty store their coins i really dont understand how they consider proper integration and adequate bug fixing of the desktop wallet for windows has become a trivial matter for paccoin team do they not lknow that people cant buy if the wallet storage is having issues and also the redemption  isnt even happening in the exchange wallet.

I think because the "new devs" are more interested in getting people to move towards Paccoin Cash $PAC, they lack the incentive to fix any problems with Paccoin PAC. I just want to encourage all you Paccoin loyalists, that I will continue to support the coin. I also am bullish that $PAC will do well and am planning on getting a masternode with them. I don't see how trashing one coin helps another frankly.

Bill

[breakcrypto]

I posted a pull request:

https://github.com/wmcorless/paccoin/pull/12

You can see the code changes. If it's not accepted in a few hours, I can compile the client and post if people want.

Do you think the devs want to patch the forking issue? Have you heard anything?

I ran a test with the proposed solution. It doesn't appear to help but hurt the network. The proper procedure is to orphan a chain the network rejects. This is part of the consensus building of the network. The proposed solution eliminates this, and actually accepts forks. The end result is unlimited forks and eventual breaking of the coin.
The code works as is.

Bill, no offense, but you are wrong on that point. The code does not "work" as is. The chain is forking at a near constant rate right now -- the "lead" chain just happens to be the one with the highest trust value. The fix simply makes the nodes reject any "fork" that reverts the height -- which is exactly how it should behave.

Either way, the chain is largely functional for anyone who isn't mining. The vast majority of blocks overwritten are the PoW blocks. I've found several other bugs in the client (errors in the TX generation, errors in TX version checks, wallet corruption issues, locking issues, etc.). I've tried to stamp a few out locally but it's rather unstable. I've had a miner running for 4+ days now and the majority of the mined blocks get erased and the wallet corrupts within 30 minutes or so and then needs to be restored.

The coin needs a massive overhaul to make it stable. My fix works to stop the rewinds but fixing the rest of the issues is likely outside my timeframe. $PAC offered me a slot on their team and I think I have to agree with expos that working on a new base is probably more beneficial for everyone at this rate. PAC is good for anyone staking but it's bad right now for anyone trying to mine it or send a lot of TX while someone is mining. I've, personally, got several TX stuck in no man's land as a result of the rewinds and overwritten blocks, I'm sure others do to.

[breakcrypto]

Does this coin have a future?

From what I can tell, the coin is functioning for the most part. The rewind issues are seriously troubling, yes, but the vast, vast majority of TXes go through and are confirmed even if blocks are overwritten because the mempool is picked up somewhere else (from what I can tell so far). So, you can move your coins with relative confidence right now.

That said, I suspect the new code base will be more stable. PAC was a stellar achievement when it came out, on the forefront of PoS, fast TX times, etc. It, sadly, died out in 2014 and just hasn't been maintained in a long time. There's several bug fixes in BTC core that it hasn't incorporated and the PoS feature is causing all these forking issues due to logic and timing errors.

[breakcrypto]

Not mine apparently and I just tried to transfer over 31 million PAC. Another 21 million stuck on an exchange. Buy order volumes have gone so far down that they'll never reach me. So I suggest everyone to cut their losses and sell PAC for doge, USD, or litecoin if you can. These people are not interested in fixing the blockchain problem. They're just dismissing the problem as no big deal. 55 MILLION PAC GONE IS A BIG DEAL TO ME! 

Plus, #1 wallet on block explorer has been constently dumping, not a single buy and you know what that means.

Also, this coin has been out for 3 years and not a single whitepaper this whole time. Not a single one.

This coin has all the marks of a scam. So face the music everyone and get out while you can!

Also, I've taken the liberty of requesting Cryptopia to delist your sorry asses immedietely.

Can you post the TX number? Or a link to the TX on the explorer? If you can locate it, it may show. As the chains are forking, the TX go negative and then start confirming, it's rather odd.

And the old coin has issues, no doubt, but the new coin is in the works with an entirely new code base. I submitted a patch to the old coin but it looks like it'll be rejected, so I'm assisting the new team with the new coin now.

[D_M_G]

Hi ALL,

from where i can buy some pac?

[OWZ1337]

Without any different value proposition, this coin has no future. Let's see.

Dont know, why would people buy this coin?

Well I disagree, Paccoin has been and will be the best coin.

1. It has very fast transfer rate from user to user. You wouldn't know it with some of the exchanges, but that's because they don't make those coins available to you for whatever reasons. (I am currently building PACEXC.com which is short for Pac Exchange. This site is not yet fully online, but to run a test, to see how fast sending paccoin is. set up an account there and send yourself one paccoin, you will be amazed at how fast it shows up in your wallet.)

2. Paccoin pays the best rewards. No other coin pays in proof of stake like Paccoin. I have heard criticisms that with paccoin "the rich get richer" well let me tell you this. Paccoin supports free markets. If you don't support free markets why are you here?

3. Is there a future for Paccoin after the redemption. Sure there is. You may want to take advantage of the redemption, but you may also want to keep some paccoin. I think a lot of the uncertainty out there is causing paccoin to go down in value, but that may be a good thing. It gives people an opportunity to buy paccoin at bargain prices.

TEKcoin is actually higher proof of stake  * check it out ===>

https://yobit.net/en/trade/TEK/BTC

[theincrediblevictor]

.......

[mybuddylucifer]

paccoin dev team should better do something fast as the coinmarket cap look shows a really declining state of things its worrying too that the windows desktop wallet isnt functioning fine for most of us and their dev team isnt helping matters to that regards help your commuinty store their coins i really dont understand how they consider proper integration and adequate bug fixing of the desktop wallet for windows has become a trivial matter for paccoin team do they not lknow that people cant buy if the wallet storage is having issues and also the redemption  isnt even happening in the exchange wallet.

I think because the "new devs" are more interested in getting people to move towards Paccoin Cash $PAC, they lack the incentive to fix any problems with Paccoin PAC. I just want to encourage all you Paccoin loyalists, that I will continue to support the coin. I also am bullish that $PAC will do well and am planning on getting a masternode with them. I don't see how trashing one coin helps another frankly.

Bill

Hi Bill, nice to hear from you, does this mean that the original pac will remain active on cryptopia?

Thanks!

[GimoIng]

...
Plus, #1 wallet on block explorer has been constently dumping, not a single buy and you know what that means.
...

I think that #1 wallet is Cryptopia