[ANN] RazorLove Cryptocurrency Services - DBL, CENT, & FOO/BAR Updates

[Petr1fied]

No, it's currently just a proposal submitted as a Pull request to GitHub. The decision lies with The_Catman.

[txiki73]

thanks for repair CENT

[Misesian]

Can someone explain to me what stakes and forks are?

[Entz]

Sounds like a good fix to me Petr1fied

[cs54]

Can someone explain to me what stakes and forks are?

The fork is used to consume the stake, never the other way around.  Once consumed, whomever prepared the stake "bills" the consuming party by presenting their proof-of-stake.  In the event of non-payment, the consuming party either pays a fee to existing miners or works in the mine themselves until they have earned enough fees to pay for the stake in full.

[Misesian]

Can someone explain to me what stakes and forks are?

The fork is used to consume the stake, never the other way around.  Once consumed, whomever prepared the stake "bills" the consuming party by presenting their proof-of-stake.  In the event of non-payment, the consuming party either pays a fee to existing miners or works in the mine themselves until they have earned enough fees to pay for the stake in full.

What is wrong with the stake at the moment in relation to CENT?

[CheekyChappy]

No, it's currently just a proposal submitted as a Pull request to GitHub. The decision lies with The_Catman.

Sounds like you put much effort and consideration in to your work. On behalf of all of us, a big thanks to you

[The_Catman]

That is not what I meant.
I mean one repository for each client/platform that is non-compressed directory like what Doubloons had
(https://github.com/geocoin/doubloons-qt.git) and what Argentum has (https://github.com/AlphaC4/ArgentumQT.git). Like I said, it makes it super easy to keep your wallet clients up to date.

I'll think about it, git isn't really intended for binary distribution, but that does seem rather convenient.




As for the CENT's stake fix, I'll be reviewing petr1fied's changes shorty and (most likely) merge it into the main repo, a windows binary should be available by the end of the week.

[bikerleszno]

What is with CRYPTSY ? They close CENT market without warning, they took all my pennies and they are closing my tickets since 3 days ... are they fraud? What to do?

[wangjy]

What is with CRYPTSY ? They close CENT market without warning, they took all my pennies and they are closing my tickets since 3 days ... are they fraud? What to do?

CENTs are still in the balance page of cryptsy

[Sutercoin]

I hope that CENT get revived sooner or later,  whats the % of that happening?

see:

I'll be looking at the issues with pennies in more detail over the coming days, I have a lot to sort through right now and I'm not completely aware of all the details regarding it's problems yet.

**I'll also note that pennies was never really meant to be taken as a serious currency (neither were doubloons and geocoin) and was never even officially announced on BTCT, so whatever problems it has are not exactly a high priority issue.

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[kelsey]

As for the CENT's stake fix, I'll be reviewing petr1fied's changes shorty and (most likely) merge it into the main repo, a windows binary should be available by the end of the week.

Fix pennies stake? Now why would you do that, tis the best working pos of them all Tis not broken at all :p

[kelsey]

What is with CRYPTSY ? They close CENT market without warning, they took all my pennies and they are closing my tickets since 3 days ... are they fraud? What to do?

Trading suspended, but they are still in your balance, in fact its pretty much been the only coin I've had no trouble withdrawing.

[bikerleszno]

What is with CRYPTSY ? They close CENT market without warning, they took all my pennies and they are closing my tickets since 3 days ... are they fraud? What to do?

Trading suspended, but they are still in your balance, in fact its pretty much been the only coin I've had no trouble withdrawing.

Why trading suspended without any warning ? Are they going to make CENT market back ?

[bikerleszno]

People what will happen with CENT if T he_Catman will make petr1fied's suggestions ?

I mean if someone have now 1 000 000 Cent, after changes will have still 1 000 000 cent or less ?
What about value ? How will it looks like because i dont understand it well....

[Petr1fied]

People what will happen with CENT if T he_Catman will make petr1fied's suggestions ?

I mean if someone have now 1 000 000 Cent, after changes will have still 1 000 000 cent or less ?
What about value ? How will it looks like because i dont understand it well....

You will still have all your coins (potentially many more if you stake before the Jan 8th deadline). It is just putting an end to the crazy stake which creates coins exponentially as was intended in October.

[bikerleszno]

People what will happen with CENT if T he_Catman will make petr1fied's suggestions ?

I mean if someone have now 1 000 000 Cent, after changes will have still 1 000 000 cent or less ?
What about value ? How will it looks like because i dont understand it well....

You will still have all your coins (potentially many more if you stake before the Jan 8th deadline). It is just putting an end to the crazy stake which creates coins exponentially as was intended in October.

If i will have still same qty of coins what will change ? It will be harder to mine them ? That is what you mean ? For example now you can get 1 000 000 000 per day and after changes you will able to get for example 100 per day ? If it will be like that value will go creazy i think and people who bought cent now will be rich ? How do you think ?

[Petr1fied]

People what will happen with CENT if T he_Catman will make petr1fied's suggestions ?

I mean if someone have now 1 000 000 Cent, after changes will have still 1 000 000 cent or less ?
What about value ? How will it looks like because i dont understand it well....

You will still have all your coins (potentially many more if you stake before the Jan 8th deadline). It is just putting an end to the crazy stake which creates coins exponentially as was intended in October.

If i will have still same qty of coins what will change ? It will be harder to mine them ? That is what you mean ? For example now you can get 1 000 000 000 per day and after changes you will able to get for example 100 per day ? If it will be like that value will go creazy i think and people who bought cent now will be rich ? How do you think ?

Stake is the cryptocoin equivalent of bank interest and is earned by holding coins in a software wallet. Currently CENT pays returns around 10 times the amount staked after approximately 9 days and this is not sustainable. Hundreds of billions of coins are created each and every day, purely by staking.

This is the reason the value of CENT has consistently dropped ever since it was added to exchanges. If the current situation continues you will not even find anyone who is prepared to pay the bare minimum on the XPM market for it.

[voteformeg]

can't wait till end of the week when there is a wallet-qt because it is difficulty for me to compile my own pennies wallet and i get a lot of

them on cryptsy , can they be send to the new wallet??

[bikerleszno]

Where can i download client of pennies ? If i will keep it in my wallet it will make double in some time ?