[ANN] Sprouts🌱(SPRTS) - Revival Cryptocurrency with Hardfork [PoW/PoS]

[diorthotis]

Alright, so it appears the POS reward has been limited to a max of 156250 sprouts per block. This is genius! No swap is needed! Thank you for your efforts. The hard fork has been very successful!

OK, so currently it has a fixed POS reward of 156250, this generates about 0.2% inflation annually. Very good.

The reason a swap is bad, because early investors now can have billions of sprouts, but only 15,000 people can have 1 billion. There are over 7 billion people on Earth. At the current circulating supply of 15.5 trillion each person can have less than 3,000 sprouts.

If sprouts became valued at 0.01 doge ($0.00003), 1 billion sprouts would be about $30,000.

There is plenty of room at the bottom of the doge trade, at the very bottom, 0.00000001, all 15 trillion would be valued about 100,000 doge ($350).

So you see this is a great project without a coin swap or burn, why waste valuable sprouts?

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[@AlexTT]

what is the maximum transaction for transfers?

[diorthotis]

what is the maximum transaction for transfers?

I don't know, coinexchange.io allows up to 1 billion per transaction. I would not send more than that. You could look at the source code, there might not be a limit.

[ConcernedCoiner]

Hello folks.  There is a new exchange that has SproutsClassic on voting and it is now number 4.  I have voted but I need your votes to make it a free listing.  They also have faucets and a SproutsClassic faucet will be created once listed.  Please search for  Insane Exchange to get there.  Thanks for your support. 

[diorthotis]

Hey dude, this is not sprouts classic. This is the original without the hyperinflation. 15 trillion is not too many coins. There should not be a swap, there should not be a burn. I like sprouts, just the way it is. I'll buy 'em all  BTC BTC  .

[fsh457]

Hi,

Last time I was rewarded for staking was on 23rd of November 2018!

Any idea why?

[diorthotis]

Most likely your balance is too small. The staking difficulty is actually pretty high. I have not finished syncing my wallet, so I have not actually tried to stake yet.

Keep in mind that 1,000,000 sprouts is about 12 dogecoin at the current price on coinexchange.io.

Did you downnoad the latest wallet? There was a reward reduction to stop this coin from imploding by hyperinflation. Download it at the main website, https://www.sprouts-coin.org/en/ or compile it from the github repository https://github.com/SproutsCommunityRep/sprouts

[fsh457]

Most likely your balance is too small. The staking difficulty is actually pretty high. I have not finished syncing my wallet, so I have not actually tried to stake yet.

Keep in mind that 1,000,000 sprouts is about 12 dogecoin at the current price on coinexchange.io.

Did you downnoad the latest wallet? There was a reward reduction to stop this coin from imploding by hyperinflation. Download it at the main website, https://www.sprouts-coin.org/en/ or compile it from the github repository https://github.com/SproutsCommunityRep/sprouts

My wallet is the latest (v0.2.1.0) and my balance is way higher!

I don't think those are the issues!

Any other tip?

Thanks by the way

[diorthotis]

It is probably that your balance is too low to stake. However, I am not sure there is a way to tell. The staking is now a fixed amount instead of a percentage like it used to be. This means it does not become more likely to stake as time progresses. Instead, the chance of getting a reward is fixed, based on your coin amount. For example, if you recieved about 1 stake per day, you can expect roughly the same amount until your coin balance changes in relation to the total supply.

[diorthotis]

Is anyone able to upload a blockchain snapshot to mediafire or something?

Currently I am unable to finish syncing my wallet. It will download a few blocks and just stop, currently it is at block 929325 of 1110915. If I let my wallet sit, it does nothing for the most part, while only downloading blocks sometimes.

I think the problem is that too many people are trying to synchronize their wallets at the same time. I am not able to check the message returned by the server, but I am guessing it is code 503.

503 Service Unavailable

The server is currently unable to handle the request due to a temporary overload...

This has been a problem with another popular staking coin before. Basically, everyone is trying to stake all at once, but only some nodes have the whole chain, like the top wallet, so they keep getting the stakes, because nobody is able to catch up with syncing. This is probably why fsh457 is unable to stake.

[diorthotis]

The only solution to this problem, would be for the top wallets, or at least some nodes with the full blockchain, to allow others to connect to it and sync the blockchain. This will take the load off the one or two that are currently available and will allow others to finish syncing.

[xMicroTraderX]

Yes takes very long for sprouts to sprout if you do not have at least 500m. Pool is much better way to go if you don't want to bag 500m or 1b sprouts.  I currently have a minuscule 675k sprouts which was getting me a stake only a few times a year. Moved to pool and now getting about 30 coins per day. 

[spbird]

Is anyone able to upload a blockchain snapshot to mediafire or something?

Currently I am unable to finish syncing my wallet. It will download a few blocks and just stop, currently it is at block 929325 of 1110915. If I let my wallet sit, it does nothing for the most part, while only downloading blocks sometimes.

I think the problem is that too many people are trying to synchronize their wallets at the same time. I am not able to check the message returned by the server, but I am guessing it is code 503.

503 Service Unavailable

The server is currently unable to handle the request due to a temporary overload...

This has been a problem with another popular staking coin before. Basically, everyone is trying to stake all at once, but only some nodes have the whole chain, like the top wallet, so they keep getting the stakes, because nobody is able to catch up with syncing. This is probably why fsh457 is unable to stake.

Connection Node
http://www.spbird.mydns.jp/myexplorer2/probeexplorer.php?timezone=2&probeno=7&coinno=61&rawmode=3

[diorthotis]

Thank you, that seems to be working better. I deleted the old peers.dat and replaced the old nodes with the ones on the page within the sprouts.conf file.

[EbenTheva]

It is better to make an exchange for a NEW SPRTS 1000 : 1! There will be 15 billion coins!

it is best to never swap.
it is best to not fork.
it kills coins.
see network
https://chainz.cryptoid.info/sprts/#!network
impossible to org an honest swap, dozens of nationalities, already at consensus as is, current code/


also defeats market marker of being cheapest per unit.

I agree too. Been there with many swaps and forks.. always ended up lower.. never a good idea to swap and fork.

[D3m0nKinGx]

It is better to make an exchange for a NEW SPRTS 1000 : 1! There will be 15 billion coins!

it is best to never swap.
it is best to not fork.
it kills coins.
see network
https://chainz.cryptoid.info/sprts/#!network
impossible to org an honest swap, dozens of nationalities, already at consensus as is, current code/


also defeats market marker of being cheapest per unit.

I agree too. Been there with many swaps and forks.. always ended up lower.. never a good idea to swap and fork.

+1

That is every coin devs/and community's worst nightmare .. .forks and swaps... avoid at all costs !

[diorthotis]

Alright, so it appears that the dev has at least listened to the community, and has reconsidered having a swap.

We need to get listed on more exchanges, this will also help in getting more people involved and aware of sprouts. Then we will see an increase in price, as well as more volatility.

The exchanges could be really low volume like tradesatoshi, however, it is easier to target new exchanges that are willing to list coins.

Cryptocurrency exchanges give them value, it allows them to be useful in transferring value instantly anywhere the internet exists. It is important to have more than one exchange, in case one goes down for maintenance or ddos.

[diorthotis]

Just because everything is really inexpensive now, does not mean it will stay that way...

[miniupsss]

Installed a new wallet sprouts-qt.exe, it has downloaded half the blocks and spontaneously closes. Who can help resolve the issue?

[D3m0nKinGx]

Installed a new wallet sprouts-qt.exe, it has downloaded half the blocks and spontaneously closes. Who can help resolve the issue?

look in the debug.log file that should be in the sprouts data folder in either:

/home/<user>/.sprouts (linux)
c:\users\<username\roaming\sprouts (windows)