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Author Topic: [ANN][DRIP][POS][MN] High Returns begin 16th June - Now Exchange Listed  (Read 2862 times)
drip
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May 10, 2018, 11:44:45 AM
 #1



Decentralized Rewarding Instant Payments - DRIP Coin


DRIP is an open source crypto-currency focused on fast private transactions with low transaction fees and minimal environmental footprint. It is a fork of the latest version of PIVX which now offers, among other features, private staking. At the beginning, DRIP will offer the additional feature of a portion of each block reward going to retailers and/or charities (further detail below). As a community governed coin with a different community to PIVX, this will only be the first in a long list of differences coming soon. Further information will be available in our whitepaper - which is linked to above.

DRIP utilizes a custom Proof of Stake protocol for securing its network and uses an innovative variable seesaw reward mechanism that dynamically balances 90% of its block reward size between masternodes and staking nodes - with the remaining 10% dedicated to community budget proposals. A further portion of the block reward is assigned to the last person to whom the PoS winner of each block has sent coins to. The purpose of this is to incentivise retailers to accept DRIP - as acceptance of DRIP will result in being paid for their product or service AND getting an opportunity for further awards.

Should the miner of a block not have sent DRIP before, i.e. they have only set up a wallet and received money, the reward that would normally go to the retailer will go to a DRIP address reserved for charity. Coins in this address will be sold off at regular intervals and the proceeds donated to various charities.  

The primary goal of DRIP is to achieve a decentralized sustainable crypto currency with near-instant, private transactions, fair governance and community intelligence.

  • Anonymized transactions using the [_Zerocoin Protocol_]
  • Fast transactions featuring guaranteed zero confirmation transactions - _SwiftX_
  • Decentralized blockchain voting utilizing Masternode technology to form a DAO. The blockchain will distribute monthly treasury funds based on successful proposals submitted by the community and voted on by the DAO

More information at [dripcoin.tech](http://www.dripcoin.tech)


Coin Specs

Block Time60 Seconds
Difficulty RetargetingEvery Block
Max Coin Supply (PoS Phase)            Infinite
Premine290,000 DRIP*

*40,000 DRIP will be used to run four developer masternodes, resulting in a stable network. The other 250,000 coins will be distributed to the community using the various approaches detailed in our whitepaper and social media groups. These tokens will not be staked or used for masternodes during the distribution phase and any undistributed tokens will be burned on the day we list on an exchange.


Reward Distribution

Block HeightReward Amount Notes
1290,000 DRIPPrimarily for distribution to the miner community


PoW Rewards Breakdown

Block Height    Team
2-1202 DRIP


PoS Rewards Breakdown

PhaseBlock HeightRewardMasternodes & Stakers   Retailer/Charity   Budget  
1121-4320011 DRIP10 DRIP (90% staker)1 DRIP10%
243201-129600151 DRIP   150 DRIP seesaw1 DRIP10%
3129601-216000131 DRIP130 DRIP seesaw1 DRIP10%
4216001-302400111 DRIP110 DRIP seesaw1 DRIP10%
5302401-38880091 DRIP90 DRIP *1 DRIP10%
6388801-47520056 DRIP55 DRIP *1 DRIP10%
7475201-56160046 DRIP45 DRIP *1 DRIP10%
8561601-64800026 DRIP25 DRIP *1 DRIP10%
9648001-734400   11 DRIP10 DRIP *1 DRIP10%
X734401-Infinite5.5 DRIP5 DRIP *0.5 DRIP10%

*After block 302,400, the reward split between masternode and staker will move from the seesaw algorithm to a fixed reward based upon whether the staker is staking DRIP or zDRIP. If the staker is staking zDRIP, they get 60% of the reward. Otherwise, they get 40%. The remainder goes to the masternode.


Token Distribution Details


Pre-Mine
40,000Four masternodes to be run by team in order to maintain a stable network until other masternodes come online (burning of these tokens will happen after phase 3)
20,000To be used for the DRIP coin bounty programs
230,000To be distributed to miners - and not to be staked or used for masternodes whilst awaiting distribution
290,000    Total


Fundraising

Through miners mining to DRIP-owned LUX and RVN addresses, we have funding in place for the following:

First Exchange Listing0.7 BTC
masternodes.online0.2 BTC
masternodes.pro0.1 BTC
Second ExchangeFunding Underway


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May 10, 2018, 11:51:54 AM
 #2

Retailer Rewards and Charitable Contributions

For every block in a typical PoS Masternode coin, there is a block reward that is split between the masternode and the staker (anyone holding coins in a wallet that is online for staking).  DRIP add to this by allocating a portion of the block reward to retailers in return for acceptance of DRIP or to charitable organisations. It works as follows:

  • For every block, the last address to which the winner of the staker reward for that block is also awarded a portion of the block reward;
  • If the person winning the staking reward has never sent DRIP before, only bought and staked, the retailer reward defaults to a charity address;
  • When we ramp up marketing later this year, we will use the fact that retailers can be rewarded to tempt them into acceptence of DRIP - in doing so, they'll be paid in full for their goods and services but will also have an opportunity to receive further rewards through this DRIP rewards system;
  • The charity funds will be sold and distributed to charities, as voted on by masternodes, every quarter;
  • The charity voting will be automated through the wallet and a choice of three charities will be given based upon community feedback on Discord;
  • The DRIP founder has a charity close that he'd like to award the first payment to unless the community are in total disagreement - more detail to be announced;

Send as Bitcoin

Whilst the retailer rewards and charitable donations features will be in place on day 1, this feature will take more time to develop and requires funding for more full-time developers - hence our attempt tos get exchange listed as soon as possible.

When introducing a new cryptocurrency , a proper development team will have many ideas about the future of the product but the greatest ideas take the longest time to develop. Until a project is funded, the thousands of man-hours required to develop these features do not exist. As a result, a development team can only really take an existing product, customize it slightly and add the least labor-intensive feature before taking the product to market. For us, this feature was the retailer/charity rewards portion of the staking rewards. This is a simple idea but will reap huge benefits when it comes to persuading retailers to accept DRIP as payment for their goods and services.

My team and I have many other ideas and, perhaps, it's the fact that these are in our heads as opposed to in the public domain that has us so shocked that our Discord has only hit 250 members whilst other coins that offer much poorer value have 1000's (it's only been 4 days since announcement so maybe we're being too ambitious).

Given the above information, and the fact that one of the first questions usually posed by others when presented with a new coin is 'how are you different', we are faced with a dilemma. Do we release all information and risk other coins, with huge funding providing them with a much larger development team, stealing our ideas and coming to market first?

At first, our plan had been to keep all of our ideas secret because DRIP is already a fantastic product. This approach isn't leading us to the adoption we'd like at a fast-enough pace so, with the approval of the DRIP team, I am now going to release one idea for which I don't believe there is yet a competitor.

There are many coins that are introducing marketplaces for their own coins today. As a team, we do not like this idea. We are of the belief that if a crypto marketplace that can rival eBay is ever to emerge, it won't be that produced as a side-project to a particular coin. Instead, it'll be an independent project that accepts multiple cryptocurrencies.

With all the above in mind, one of DRIP's idea for the future is not a marketplace, but a feature that will allow DRIP to be spent on any crypto marketplace. Basically, a back-end exchange operated by our masternodes - not to manually exchange currencies like a traditional exchange, but to allow us to offer a 'Spend Privately as Bitcoin' button on our wallets. This will be designed in a flexible manner so that we can adapt in the future if Bitcoin's loses its throne as number 1 cryptocurrency – or add other options to ‘spend privately as’ if that feature makes sense.

When we have this feature, one of many planned (some great, some average), in place, a DRIP user will be able to spend their cryptocurrency absolutely anywhere that accepts Bitcoin - and will be able to do so privately without the spend ever being traceable back to your wallet.
So just imagine, in the future, eBay see the rise in market share of online auctions accepting crypto. In this scenario, they’d be foolish not to start accepting it themselves to stomp out the competition. With a ‘BitcoinBay’ in place,  there’d be billions worth of Bitcoin spent on a monthly basis – but no one using the platform would have any privacy and transactions could be tracked back to wallets via the blockchain. DRIP would offer anyone wanting to use this platform a unique value-proposition.

The above feature not only adds significant value to those holding DRIP as their currency of choice - it also adds an additional revenue stream to masternodes in the future as there will be a yet-to-be-decided fee for someone wanting to 'Spend Privately as Bitcoin'.

As an idea, we think ‘Spend Privately as Bitcoin’ is up there with the best of them. As such, it's the only one we intend to make public for now. If I'm being honest, I fully expect someone else to steal it. As a team, we've decided that someone stealing this one will take the burden of development off our team. If they steal our idea, I’m sure the DRIP community would agree that we should have no qualms with stealing their code, if it's up to our standards, freeing us up to work on development of our other ideas (as a funded project at that point, we'll be better able to keep them under wraps until release).

How can you get some DRIP?

There were no DRIP masternode sales and no DRIP coin sales. DRIP coin was distributed fairly to miners who mined ASIC-resistant coins that were unavailable on Nicehash to DRIP owned addresses. This ensured a wide distribution of coins. We are now approaching a point where all coins held for distribution for miners will soon be fully distributed.

However, DRIP should be listed on CryptoBridge on the week beginning 11th June 2018 and coins can be purchased at that time.
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May 10, 2018, 11:58:25 AM
 #3

Russian translation reserved, image translation
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May 10, 2018, 12:09:51 PM
 #4

This coin has been promoted in new coin group, good luck team!
https://t.me/CoinsANN
https://discord.gg/Afwc2wn

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May 10, 2018, 12:15:26 PM
 #5

German translation reserved
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May 10, 2018, 12:43:30 PM
 #6

French translation reserved.

https://cryptos-mining.net
Minage cryptos-monnaies
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May 10, 2018, 01:04:02 PM
 #7

We don't believe in the approach of masternode sales to provide initial funding for a project - it results in too many coins in the hands of too few people and the end-result is that the coin lacks decentralization. With this in mind, we will not be selling masternodes at any price.

However, we can now introduce our first bounty program. This is the Discord invite bounty and will work as follows:

The person who invited most people to our Discord each day will be allocated as the winner for the day. Of course, our own name is excluded - as are those found to be cheating the system.

When we have 20 winners, each will be allocated a 5% share of a shared masternode. This will be operated by the DRIP team and masternode rewards distributed to winners twice weekly. The team will operatate this as a shared masternode until each of the 20 winners has received 4,500 DRIP in rewards. At that point, each winner will also be refunded the 500 coins locked into their 5% share of a shared masternode.

Our expectation is that, together with staking rewards earned from masternode reward earnings, this 5,000 coins should be enough, or very close to enough, for a shared masternode each of their own (masternode collateral is 10,000 coins).

The invite counts will be reset after each winner is allocated so we expect this shared masternode to be up-and-running within 3 weeks.
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May 10, 2018, 01:20:49 PM
 #8

As can be seen above, we are a PoS coin who will be distributing DRIP tokens to those who mine LUX to our donation pool. If we don't happen to have found an early block when we kick the blockchain off, we'll be air-dropping 5 coins to each miner that's with us from the start.

This is required because there is a 10 coin per block (14,400 per day) allocation to stakers. The team aren't allowed to stake the premined coins and we need stakers in place to earn these rewards.

Mining will begin shortly after wallet release and there'll be an announcement for this both here and on Discord.
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May 10, 2018, 01:21:19 PM
 #9

What number of coins, needed for a masternode?

★ PRiVCY ➢ Own Your Privacy! ➢ Best privacy crypto-market! ★
✈✈✈[PoW/PoS]✅[Tor]✅[Airdrop]✈✈✈ (https://privcy.io/)
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May 10, 2018, 01:26:57 PM
 #10

What number of coins, needed for a masternode?

Masternode collateral is 10,000 coins. It will be very difficult to earn this number solely through the mining donation pool. However, a masternode is very achievable by mining to the donation pool to get your mining rewards and then staking the rewarded coins to get your staking rewards.
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May 10, 2018, 01:29:55 PM
 #11

Total coins supply is infinite? Coins price can be low because it.

★ PRiVCY ➢ Own Your Privacy! ➢ Best privacy crypto-market! ★
✈✈✈[PoW/PoS]✅[Tor]✅[Airdrop]✈✈✈ (https://privcy.io/)
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May 10, 2018, 01:59:29 PM
 #12

Total coins supply is infinite? Coins price can be low because it.

Most good PoS coins have an infinite supply - PIVX and Phore are two good examples. The trick is that the block reward has to be reasonably low at the final phase of a coins maturity - in order to keep inflation low.

For DRIP, this final reward is 5.5 DRIP per block. Also, unlike a lot of PoW coins, transaction fees are burned with DRIP - they're not offered to masternodes, stakers or anyone else. This reduces that 5.5 DRIP per block further.

You can read the link below for further information:

https://pivx.org/knowledge-base/pivx-does-not-have-a-max-coin-supply-wont-this-devalue-my-investment/
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May 10, 2018, 02:14:21 PM
 #13

Its interesting. Thank you.

★ PRiVCY ➢ Own Your Privacy! ➢ Best privacy crypto-market! ★
✈✈✈[PoW/PoS]✅[Tor]✅[Airdrop]✈✈✈ (https://privcy.io/)
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May 10, 2018, 02:32:44 PM
 #14

Its interesting. Thank you.

No problem.

For some additional information, PIVX, the coin from which we forked, have a current circulating supply of 56,162,946 and a block reward of 6 PIV per block (including budget).

With DRIP, the total circulating supply will ramp up extremely fast over the next 15 months before settling at a little over 60,000,000 with a 6.1 DRIP per block reward going forward (including budget).

DRIP block rewards were purposely setup to reward early adopters significantly before settling down, in 15 months time, at an almost identical total block reward and total circulating supply to PIVX.

A PIVX masternode today costs $54,667 whilst a DRIP masternode should be achievable by mining a small number of LUX to our mining pool and staking the coins you are rewarded with. We won't argue that the risk is higher as PIVX is a well established coin - one of the best on the market in our opinion. However, the required investment for DRIP is significantly lower and the potential reward more than makes up for this added risk.

The budget I refer to above is an automated monthly budget allocated to proposals submitted by the community and voted on by the masternodes. The best proposals are approved on a monthly basis and work begins on implementing the suggested improvements for DRIP.

A simple example would be that DRIP could have a community member/coin holder that runs a website development company. He/She could submit a proposal detailing how they could develop something better than what we have in place at that time for a fee of xxx DRIP. If masternodes approve that proposal, the proposer receives the coins and works on implementation of the proposal.

With two different communities submitting proposals, the single difference we have to PIVX now (retailer/charity rewards) will grow into multiple differences in the coming months as our roadmaps fork off in different directions.

My hope for DRIP would also be to attract a lot of talented potential future team members as investors. For example, we may have some newly graduated rising-stars in the cryptocurreny world (developers, marketing professionals, etc.) mining to our donation pool, owning masternodes and voting on proposals. For these people, a $55k PIVX masternode is now out of grasp but DRIP most certainly isn't. If all goes well, who's to know which will be the better platform in 6-12 months?
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May 10, 2018, 02:57:42 PM
 #15

reserve Chinese translation
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May 10, 2018, 03:01:25 PM
 #16

Look better.  The main thing that provided the purses were reliable . Now reliability and safety above all . My best regards

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May 10, 2018, 03:07:11 PM
 #17

People hope that you project not a scam. I think its a good and interesting.

★ PRiVCY ➢ Own Your Privacy! ➢ Best privacy crypto-market! ★
✈✈✈[PoW/PoS]✅[Tor]✅[Airdrop]✈✈✈ (https://privcy.io/)
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May 10, 2018, 03:33:16 PM
 #18

People hope that you project not a scam. I think its a good and interesting.

I can assure you that we are not a scam. A prior project that we worked on was Lottereth - which aimed to be a worldwide crypto-based lottery platform. The coding was complete for that project and we were approaching release before it was brought to our attention that there are many legal obstacles in the way to offering such a service. For example, did you know that the UK requires a licence to advertise and sell tickets to UK citizens - even if operating from another country. Securing that licence would have put us in a legally approved position in only one of hundreds of countries.

We were approached by multiple potential investors looking to buy Lottereth masternodes but refused to accept payment. That project was halted before a single cent/penny/dime was taken from anyone - any ex-members of the Lottereth discord will be able to confirm this. If we were a scam project, we would surely have sold masternodes or coins to everyone that made an approach.

Our intention is to offer a long-term, sustainable product. We cannot do this if we were operating outside the confines of the law - as we would have been with the Lottereth offering. There are a number of lottery products currently on the market in crypto - BeLotto and FireLotto being two that I'm personally aware of. Our experience with Lottereth has us avoiding potential investments in these projects like the plague.
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May 10, 2018, 03:39:53 PM
 #19

I know Lottereth project. It was on bitcointalk. Almost all wants that will be long term project.

★ PRiVCY ➢ Own Your Privacy! ➢ Best privacy crypto-market! ★
✈✈✈[PoW/PoS]✅[Tor]✅[Airdrop]✈✈✈ (https://privcy.io/)
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May 10, 2018, 03:53:14 PM
 #20

Look better.  The main thing that provided the purses were reliable . Now reliability and safety above all . My best regards

I am in total agreement. The wallet security is of utmost importance as is reliability. This is especially true when it comes to a PoS wallet. There's no point in a staking wallet that continuously crashes - causing the owner to miss out on staking rewards.
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May 10, 2018, 05:12:36 PM
 #21

The project cooperates with a large company DRIP, with which negotiations are under way to conclude a long-term contract for outsourcing services for pumping natural gas from the gas main, all this speaks for the development of the project and its long-term prospects, undoubtedly this is a profitable investment

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May 10, 2018, 05:38:01 PM
 #22

So besides gains in token value, will investors have a share the value of the natural gas sold by the project?
egretia

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May 10, 2018, 05:49:00 PM
 #23

I see you've been busy. good luck with your new project I hope you the best

https://akropolis.io/
♦ AKROPOLIS ♦ Blockchain Pensions Infrastructure ♦
♦ Token Generation Event Q2 2018 ♦
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May 10, 2018, 06:08:24 PM
 #24

We're in the process of installing DRIP peers in 10 different cloud servers around the world so that DRIP holders don't need to worry about manual addition of nodes. The wallet is 1-2 hours away.
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May 10, 2018, 06:38:14 PM
 #25

For those familiar with the zerocoin protocol, used for private transactions, please be aware that DRIP has the code fix in place to resolve the issues that recently caused some users of the zerocoin protocol (PIVX, Phore, etc.) to temporarily deactivate zerocoin via the associated spork. There are other coins using the zerocoin protocol without a fix in place that do not have it deactivated - due to unawareness of the issues or poor implementation of sporks. This is not the case with DRIP.

That being said, we have taken the decision to launch DRIP with zerocoin deactivated. The reason for this is that our community is new, but growing rapidly. We'd like to build up the community and communicate to them how DRIP will function with privacy activated before we actually activate it.

The primary thing to be communicated is that DRIP and zDRIP are of equivalent value but the default setting automatically converts 10% of a users DRIP (the standard version of the coin) to zDRIP (the private version of the coin) unless the set their wallet config to deactivate this 'automint' feature. It sounds more complicated than it really is but does need to be communicated before we activate it.
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May 11, 2018, 03:27:13 AM
 #26

seems that many people is focusing on you, so i will also pay some attention on this coin, hope you successful and go to moon

_____ DSTRA (https://dstra.io) ▬ ● ▬ FROM COMMUNITY, COMES UNITY ▬ ● ▬ DSTRA (https://dstra.io) _____
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May 11, 2018, 04:10:05 AM
 #27

ukrainian translation reserved

★ PRiVCY ➢ Own Your Privacy! ➢ Best privacy crypto-market! ★
✈✈✈[PoW/PoS]✅[Bounty]✅[Airdrop]✈✈✈ (https://privcy.io/)
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May 11, 2018, 07:56:19 AM
 #28

Write news about project to get interest from users.

★ PRiVCY ➢ Own Your Privacy! ➢ Best privacy crypto-market! ★
✈✈✈[PoW/PoS]✅[Tor]✅[Airdrop]✈✈✈ (https://privcy.io/)
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May 11, 2018, 07:57:10 AM
 #29

Interesting project. I will be waiting for more information, let's see another comment this project before enjoying this

VANIG.io
The World's first integrated E-Commerce and Supply Chain Ecosystem powered by Blockchain
https://vanig.io
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May 11, 2018, 11:44:37 AM
 #30

Dutch translation reserved.

★ Proxima ➢ A Smarter Blockchain ➢ A Smarter Contract! ★
✈✈✈[PoS]✅[Bounty]✅[Airdrop]✈✈✈ (https://proxima.im/)
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May 11, 2018, 02:01:13 PM
 #31

https://github.com/DRIP-Project/DRIP/releases/tag/v1.0.0.5

Our wallet is available from above but we have purposely halted the blockchain at present.

As we found out via our pool and feedback on Discord from our miners, LUX blocks are very had to find and rewards are infrequent without hundreds of miners.

With that in mind, we've come up with a better plan. For anyone who has mined to our pool so far, we have recorded their shares and will assume that our pool has found a block already and distribute coins accordingly.

Going forward, instead of mining to our pool, please request a LUX address from us and mine to the pool of your choice using that address. When requesting a LUX address from us, please include your own DRIP address so that we can link the two - you can generate this from the wallets linked to above.

Feel free to message us when your pool has started paying LUX if you'd like us to verify receipt or at any time if you'd like to know your balance. As before, it's 100 DRIP per 1 LUX (or 1 DRIP per 0.01 LUX).
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May 11, 2018, 06:14:28 PM
 #32

We've had some community feedback on Discord relating to phi and LuxCoin. Whilst a great option for Nvidia, it's inefficient for AMD and has a complete lack of mining software support.

With this in mind, we're now offering the option of a second coin that you can mine to our donation address and receive DRIP instead. This coin, like Lux, is ASIC-resistant and unavailable on Nicehash. The coin is RavenCoin.

Please join our Discord or contact us here if you require any further information.

Basically, you will need to:

  • Download the DRIP wallet and get a DRIP address
  • Send us this address and a request for either a RVN or LUX address that you can mine to
  • We'll link the two addresses and you'll receive DRIP for everything that you mine to our donation addresses

The DRIP will be given at a rate of:

1 LUX = 100 DRIP
1.7 RVN = 1 DRIP
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May 11, 2018, 07:50:19 PM
 #33

The donations have started coming in and we hope to allocate DRIP and kick the blockchain off from the start over the next few days. Those in earliest will have some serious rewards.
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May 12, 2018, 07:46:14 AM
 #34

I am mining:) The distribution process i something new, and give a "constant" variable for distribution that I really like.
Usually a new coin can be hit with massive hash early to build a big stack to flip early.
By mining already established algos without nicehash the playfield are more even.

I do some early flipping with my smal scale gpu rigs (Kind of gamble, but hit good sometimes), but this I will support longtime due to the alternative way of distribution.
I feel that I can get a fair share and it is fair compared to my hashrate. Hoping to mine and stake a masternode somewhere down the road.

Get your gpus pointed at this:)



 
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May 12, 2018, 09:55:40 AM
 #35

Look better.  The main thing that provided the purses were reliable . Now reliability and safety above all . My best regards

M A E S T R O  ▾  Revolutionizing the Digital Music World  ▾  https://maestroproject.io/
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May 12, 2018, 10:06:18 AM
 #36

We've had some community feedback on Discord relating to phi and LuxCoin. Whilst a great option for Nvidia, it's inefficient for AMD and has a complete lack of mining software support.

With this in mind, we're now offering the option of a second coin that you can mine to our donation address and receive DRIP instead. This coin, like Lux, is ASIC-resistant and unavailable on Nicehash. The coin is RavenCoin.

Please join our Discord or contact us here if you require any further information.

Basically, you will need to:

  • Download the DRIP wallet and get a DRIP address
  • Send us this address and a request for either a RVN or LUX address that you can mine to
  • We'll link the two addresses and you'll receive DRIP for everything that you mine to our donation addresses

The DRIP will be given at a rate of:

1 LUX = 100 DRIP
1.7 RVN = 1 DRIP
I like this kind of "airdrop", I'll set a little miner to try mining RavenCoin or Luxcoin.
For further infos, do I need to join in Discord channel necessarily?

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May 12, 2018, 10:49:32 AM
 #37

We've had some community feedback on Discord relating to phi and LuxCoin. Whilst a great option for Nvidia, it's inefficient for AMD and has a complete lack of mining software support.

With this in mind, we're now offering the option of a second coin that you can mine to our donation address and receive DRIP instead. This coin, like Lux, is ASIC-resistant and unavailable on Nicehash. The coin is RavenCoin.

Please join our Discord or contact us here if you require any further information.

Basically, you will need to:

  • Download the DRIP wallet and get a DRIP address
  • Send us this address and a request for either a RVN or LUX address that you can mine to
  • We'll link the two addresses and you'll receive DRIP for everything that you mine to our donation addresses

The DRIP will be given at a rate of:

1 LUX = 100 DRIP
1.7 RVN = 1 DRIP
I like this kind of "airdrop", I'll set a little miner to try mining RavenCoin or Luxcoin.
For further infos, do I need to join in Discord channel necessarily?

There is no need to join Discord. Feel free to send us a PM here when you have a DRIP address and we can provide you with your choice of RavenCoin or Luxcoin linked address. Mining to that address will then earn you DRIP.
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May 12, 2018, 11:19:21 AM
 #38

For those wondering, here is the reasoning behind the chosen block rewards as well as some information about our underlying protocol.

As a privacy focused currency, we are using the zerocoin protocol. There are two forms of the DRIP coin within the same wallet and you can swap between either - DRIP and zDRIP. DRIP is the version that, when spent, is just as publicly traceable as Bitcoin. zDRIP is the private version and the sending address cannot be traced by the receiver.

DRIP, like most currencies, is divisible up to eight decimal places. However, one of the features of zDRIP is that there are no decimal places and it cannot be divided below 1 zDRIP (you can spend less than 1 zDRIP but 1 zDRIP would be sent and you'd get change).

zDRIP comes in units of 1, 5, 10, 50, 100, 500, 1000, 5000. If sending, for example, 334.60 DRIP privately, you might actually send 3 * 100 units, 3 * 10 units and 1 * 5 units of zDRIP (and receive 0.4 DRIP change). The purpose of this is that very specific values within transactions add to their traceability. For example, lets say a retailer sells something at a very specific price - people could track who's DRIP address sent an amount of that value via the blockchain.

This receipt of multiple units of coins, mixing them all up and sending payments and change is handled by our masternodes.

Now, with all of the above in mind, we cannot have a low number of tokens in circulation - if DRIP had a value the same as Bitcoin, as it may do with a low supply, you could only send a minimum of $8,565.40 worth of DRIP in a private transaction. Anyone owning less than $8,565.40 worth of DRIP wouldn't have privacy available to them. Taking all this into consideration, DRIP rewards have been specifically set up to a level that means that, when we approach the last phase in our growth, i.e. 5.5 DRIP block reward, our tokens in circulation and block rewards will be almost identical to those of PIVX - the currency from which we are forked.
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May 12, 2018, 11:28:25 AM
 #39

Polish translation reserved

   ⚡⚡ PRiVCY ⚡⚡   ▂▃▅▆█ ✅ PRiVCY (PRIV) is a new PoW/PoS revolutionary privacy project ● ☞ ✅ Best privacy crypto-market! ● █▆▅▃▂
    Own Your Privacy! ─────────────────║ WebsiteGithub  |  Bitcointalk  |  Twitter  |  Discord  |  Explorer ║─────────────────
   ✯✯✯✯✯                 ✈✈✈[Free Airdrop - Starts 9th June]✅[Tor]✈✈✈ ║───────────║ Wallet ➢ ✓ Windows  |  ✓ macOS  |  ✓ Linux
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May 12, 2018, 01:28:55 PM
 #40

We've had some community feedback on Discord relating to phi and LuxCoin. Whilst a great option for Nvidia, it's inefficient for AMD and has a complete lack of mining software support.

With this in mind, we're now offering the option of a second coin that you can mine to our donation address and receive DRIP instead. This coin, like Lux, is ASIC-resistant and unavailable on Nicehash. The coin is RavenCoin.

Please join our Discord or contact us here if you require any further information.

Basically, you will need to:

  • Download the DRIP wallet and get a DRIP address
  • Send us this address and a request for either a RVN or LUX address that you can mine to
  • We'll link the two addresses and you'll receive DRIP for everything that you mine to our donation addresses

The DRIP will be given at a rate of:

1 LUX = 100 DRIP
1.7 RVN = 1 DRIP
I like this kind of "airdrop", I'll set a little miner to try mining RavenCoin or Luxcoin.
For further infos, do I need to join in Discord channel necessarily?

There is no need to join Discord. Feel free to send us a PM here when you have a DRIP address and we can provide you with your choice of RavenCoin or Luxcoin linked address. Mining to that address will then earn you DRIP.
Thank you, I'll send you via PM my DRIP address. I'm testing now my gpu to see how many LUX/RVN I can produce every hour.

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May 12, 2018, 08:56:59 PM
 #41

We have decided on a date to kick off the blockchain so that current miners don't have to constantly track our Discord/Bitcointalk to see whether we have started. In order to give ample time to those that are infrequent visitors to Discord/Bitcointalk, we will be kicking off the blockchain at 9pm (GMT) on Wednesday. You can continue to mine to the LUX/RVN addresses we supplied and continue to request addresses if you are considering starting to mine for us. All DRIP earned will be sent to your addresses on Wednesday and you will need to have your wallet unlocked for staking if you'd like to start earning staking rewards.

For those undecided and wondering how much mining will be needed to end up with a DRIP masternode, our answer would be that about $30 worth of LUX/RVN mining will be more than enough to end up with a masternode - provided you stake the mined coins. That's about the same figure as what a PIVX masternode cost 2 years ago (now about $55,000).
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May 13, 2018, 06:29:28 AM
 #42

Good morning all. We are now online again providing our miners with LUX and RVN addresses. Feel free to message us here or on Discord for yours - we continuously check both places but Discord is the more active of the two communication methods.
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May 13, 2018, 07:21:53 AM
 #43

We are now a few hours away from the three-day anniversary of our Bitcointalk announcement and have breached 50 online Discord users. We expect this number to grow exponentially in the coming days and weeks. Join us now and feel free to request a mining address if you haven't already so that you can take part in some of the earliest gains

https://discordapp.com/invite/n93p2BW
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May 13, 2018, 10:17:56 AM
 #44

Reserve ANN indonesian translate
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May 13, 2018, 10:28:30 AM
 #45

We are now a few hours away from the three-day anniversary of our Bitcointalk announcement and have breached 50 online Discord users. We expect this number to grow exponentially in the coming days and weeks. Join us now and feel free to request a mining address if you haven't already so that you can take part in some of the earliest gains

https://discordapp.com/invite/n93p2BW

Good morning, I joined in your Discord Channel and I would like to know if there is any warranties about your project, it's hard to believe in Newbie or Jr. Member (like me). However I can help you in Italian translation if necessary.
P.s. I'll send you my DRIP address.

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May 13, 2018, 01:04:27 PM
 #46

Staking Coin. I will try to mining RVN to get DRIP

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May 13, 2018, 01:33:50 PM
 #47

Staking Coin. I will try to mining RVN to get DRIP

Thanks konponser. Let us know if you have any questions or concerns or need any additional information.
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May 14, 2018, 10:40:19 AM
 #48

We are now two days away from launch. We have a growing discord group and growing group of miners mining so that they can be there on the ground floor, with as many coins as possible, for when this new Proof of Stake coin kicks off.

There's still time to get an early seat - where we believe a couple of days mining and staking for 1-2 months is likely to be sufficient to earn yourself a DRIP masternode.
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May 14, 2018, 03:23:48 PM
 #49

We started out offering LUX as the sole mining option for contributing to the DRIP platform. As solely Nvidia miners, this was the best choice from our point of view.

Further to feedback from our community, and as indicated above, Ravencoin is now also an option.

If you are a miner and would like to see other coin choices added, please let us know.

The coins would need to be:

  • ASIC resistant
  • Unavailable on Nicehash
  • Available on an exchange
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May 14, 2018, 04:28:23 PM
 #50

When introducing a new cryptocurrency , a proper development team will have many ideas about the future of the product but the greatest ideas take the longest time to develop. Until a project is funded, the thousands of man-hours required to develop these features do not exist. As a result, a development team can only really take an existing product, customize it slightly and add the least labor-intensive feature before taking the product to market. For us, this feature was the retailer/charity rewards portion of the staking rewards. This is a simple idea but will reap huge benefits when it comes to persuading retailers to accept DRIP as payment for their goods and services.

My team and I have many other ideas and, perhaps, it's the fact that these are in our heads as opposed to in the public domain that has us so shocked that our Discord has only hit 250 members whilst other coins that offer much poorer value have 1000's (it's only been 4 days since announcement so maybe we're being too ambitious).

Given the above information, and the fact that one of the first questions usually posed by others when presented with a new coin is 'how are you different', we are faced with a dilemma. Do we release all information and risk other coins, with huge funding providing them with a much larger development team, stealing our ideas and coming to market first?

At first, our plan had been to keep all of our ideas secret because DRIP is already a fantastic product. This approach isn't leading us to the adoption we'd like at a fast-enough pace so, with the approval of the DRIP team, I am now going to release one idea for which I don't believe there is yet a competitor.

There are many coins that are introducing marketplaces for their own coins today. As a team, we do not like this idea. We are of the belief that if a crypto marketplace that can rival eBay is ever to emerge, it won't be that produced as a side-project to a particular coin. Instead, it'll be an independent project that accepts multiple cryptocurrencies.

With all the above in mind, one of DRIP's idea for the future is not a marketplace, but a feature that will allow DRIP to be spent on any crypto marketplace. Basically, a back-end exchange operated by our masternodes - not to manually exchange currencies like a traditional exchange, but to allow us to offer a 'Spend Privately as Bitcoin' button on our wallets. This will be designed in a flexible manner so that we can adapt in the future if Bitcoin's loses its throne as number 1 cryptocurrency – or add other options to ‘spend privately as’ if that feature makes sense.

When we have this feature, one of many planned (some great, some average), in place, a DRIP user will be able to spend their cryptocurrency absolutely anywhere that accepts Bitcoin - and will be able to do so privately without the spend ever being traceable back to your wallet.
So just imagine, in the future, eBay see the rise in market share of online auctions accepting crypto. In this scenario, they’d be foolish not to start accepting it themselves to stomp out the competition. With a ‘BitcoinBay’ in place,  there’d be billions worth of Bitcoin spent on a monthly basis – but no one using the platform would have any privacy and transactions could be tracked back to wallets via the blockchain. DRIP would offer anyone wanting to use this platform a unique value-proposition.

The above feature not only adds significant value to those holding DRIP as their currency of choice - it also adds an additional revenue stream to masternodes in the future as there will be a yet-to-be-decided fee for someone wanting to 'Spend Privately as Bitcoin'.

As an idea, we think ‘Spend Privately as Bitcoin’ is up there with the best of them. As such, it's the only one we intend to make public for now. If I'm being honest, I fully expect someone else to steal it. As a team, we've decided that someone stealing this one will take the burden of development off our team. If they steal our idea, I’m sure the DRIP community would agree that we should have no qualms with stealing their code, if it's up to our standards, freeing us up to work on development of our other ideas (as a funded project at that point, we'll be better able to keep them under wraps until release).
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May 14, 2018, 04:34:50 PM
 #51

Hi drip, I have a little question about coin maturity, how many hours coins need to mature to be in staking?

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May 14, 2018, 04:52:39 PM
 #52

Hi drip, I have a little question about coin maturity, how many hours coins need to mature to be in staking?

Hi Maverik93. There's a simple answer and a more complicated answer here (isn't there always  Grin).

The short answer, and this will hold true for the first 7 months of our life, is 101+ confirmations which, with 1 minute blocks, means 1 hour 41 minutes.

The more complicated answer revolves around the fact that we're a privacy coin, our privacy protocol is based upon the Zerocoin protocol (https://en.wikipedia.org/wiki/Zerocoin) and we will be offering a 'private staking' feature in 7 months time.

Therefore, in 7 months time, the simple '101+ confirmations' answer will change to '101+ confirmations if staking DRIP or 200+ confirmations if staking privately via zDRIP (which offers a bigger block reward for stakers)'.


You may question the reference to '7 months' above. Basically, the private functions of our wallets will be disabled for the first 7 months for some quite technical reasons related to how the outputs of cryptocurrency transactions work, the number of confirmations required after winning a stake before being re-eligible for staking rewards, how the zerocoin automint feature works and the low number of expected wallets we'll have staking when starting out.  Feel free to ask if you'd like to delve deeper into the technical aspects of this decision.
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May 14, 2018, 04:57:35 PM
 #53

Hi Maverik93. There's a simple answer and a more complicated answer here (isn't there always  Grin).

The short answer, and this will hold true for the first 7 months of our life, is 101+ confirmations which, with 1 minute blocks, means 1 hour 41 minutes.

The more complicated answer revolves around the fact that we're a privacy coin, our privacy protocol is based upon the Zerocoin protocol (https://en.wikipedia.org/wiki/Zerocoin) and we will be offering a 'private staking' feature in 7 months time.

Therefore, in 7 months time, the simple '101+ confirmations' answer will change to '101+ confirmations if staking DRIP or 200+ confirmations if staking privately via zDRIP (which offers a bigger block reward for stakers)'.


You may question the reference to '7 months' above. Basically, the private functions of our wallets will be disabled for the first 7 months for some quite technical reasons related to how the outputs of cryptocurrency transactions work, the number of confirmations required after winning a stake before being re-eligible for staking rewards, how the zerocoin automint feature works and the low number of expected wallets we'll have staking when starting out.  Feel free to ask if you'd like to delve deeper into the technical aspects of this decision.
Thank you about your answer, I'm a Newbie and I don't know exactly how this work, but I'm trying to understand your words better. Cheesy

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May 14, 2018, 05:15:22 PM
 #54

Hi Maverik93. There's a simple answer and a more complicated answer here (isn't there always  Grin).

The short answer, and this will hold true for the first 7 months of our life, is 101+ confirmations which, with 1 minute blocks, means 1 hour 41 minutes.

The more complicated answer revolves around the fact that we're a privacy coin, our privacy protocol is based upon the Zerocoin protocol (https://en.wikipedia.org/wiki/Zerocoin) and we will be offering a 'private staking' feature in 7 months time.

Therefore, in 7 months time, the simple '101+ confirmations' answer will change to '101+ confirmations if staking DRIP or 200+ confirmations if staking privately via zDRIP (which offers a bigger block reward for stakers)'.


You may question the reference to '7 months' above. Basically, the private functions of our wallets will be disabled for the first 7 months for some quite technical reasons related to how the outputs of cryptocurrency transactions work, the number of confirmations required after winning a stake before being re-eligible for staking rewards, how the zerocoin automint feature works and the low number of expected wallets we'll have staking when starting out.  Feel free to ask if you'd like to delve deeper into the technical aspects of this decision.
Thank you about your answer, I'm a Newbie and I don't know exactly how this work, but I'm trying to understand your words better. Cheesy

No problem. To give you a better understanding of the features, you should read the wiki link above related to Zerocoin. Perhaps view the Youtube video related to the automint feature offered by PIVX, and now DRIP, here: https://www.youtube.com/watch?v=tbas3Vip-ww.

Alternatively, if you'd just like a really over-simplified description of why we've temporarily disabled zerocoin (privacy), think of a Proof of Stake currency starting out. It has a low number of users and it's difficult to tell how many will stake and how many will have their wallets shutdown. If each of those users had only one UTXO (unspent transaction output - the money they've received), and all were staking privately, then 200 of those users will be inactive from a staking point of view at any one time.
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May 14, 2018, 10:28:52 PM
 #55

I'm getting some questions on Discord related to our Discord Invites bounty that I thought I'd share here:

  • our invite bounty works differently to most
  • instead of receiving a set number of coins, the person with the most invites on a daily basis will receive a 5% share of a shared masternode that DRIP will run
  • the winners will each earn 1/20th of what a masternode earns - paid out by the DRIP team to their address on, at least, a weekly basis
  • when each masternode share winner has been paid 4500 coins, the shared masternode will be shut down and the 500 coins from the 5% share will be sent to the each of the winners
  • so, by winning a share of a shared masternode, each winner will receive 5000 coins from the DRIP team
  • of course, with coins being paid out weekly, the winners will have staking rewards on masternode earnings if they stake too
  • so, it's likely that each masternode winner will have a masternode of their own, or very close to it, by the time the program is finished

We have just awarded the 4th out of a total of 20 shares.
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May 15, 2018, 08:06:47 AM
 #56

We are one day away from official launch and membership of our Discord group is growing nicely. Join now to get in on the ground floor - and the only floor where miners get a piece of the pie  Wink
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May 15, 2018, 08:16:14 AM
 #57

Here is a link to how our running wallet looks:

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May 15, 2018, 08:59:46 AM
 #58

Here is a link to how our running wallet looks:



The look on the wallet is really interesting, it shows as a simple apps, I think it should be easy to use it.
Looking forward to have it fully working.

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drip
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May 15, 2018, 09:57:27 AM
 #59

Here is a link to how our running wallet looks:



The look on the wallet is really interesting, it shows as a simple apps, I think it should be easy to use it.
Looking forward to have it fully working.

Thanks cattano. There's not long to wait now. We'll be kicking off the blockchain tomorrow at 9pm GMT.

The current wallet can be downloaded here: https://github.com/DRIP-Project/DRIP/releases/tag/v1.0.0.5. There'll be a new version tomorrow but that's just to update checkpoints and protocols at the back-end. It won't change anything visible to the user.
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May 15, 2018, 04:00:27 PM
 #60

Only 28 hours to go. Get your LUX or RVN address now if you want to be in the game from block 1  Grin
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May 15, 2018, 04:30:07 PM
 #61

I read  with the WP of the ICO  project! I like ico project collective, people from business and science. Blockchain in the real economy, which is interesting from this turn out. I already participate.
egretia
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May 16, 2018, 05:32:45 AM
 #62

We're on the home-straight now with the blockchain kicking off at 9pm (GMT) tonight. The number of miners mining LUX or RVN in order to receive DRIP is growing exponentially. This mining of LUX or RVN will continue for the next one month period.
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May 16, 2018, 06:06:54 AM
 #63

how many hours left until mining? can we solo mine? pools?
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May 16, 2018, 07:07:03 AM
 #64

Where people can buy these coins?

★ PRiVCY ➢ Own Your Privacy! ➢ Best privacy crypto-market! ★
✈✈✈[PoW/PoS]✅[Tor]✅[Airdrop]✈✈✈ (https://privcy.io/)
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May 16, 2018, 07:19:38 AM
 #65

Where people can buy these coins?

Hi, no coins or masternodes can be bought. We offer coin distribution via mining alone.

You need to:

  • Download the DRIP wallet;
  • Generate a DRIP address;
  • Private message us your DRIP address requesting a DRIP-owned LUX or RVN address;
  • Mine to that address via a pool of your choice;

DRIP would then receive the LUX and RVN and sell it to fund exchange listings. They would send you DRIP for your mined coins at a rate of 1.7 RVN = 1 DRIP or 0.01 LUX = 1 DRIP.

You can contact us privately either here or on Discord.

Our wallets are available at: https://github.com/DRIP-Project/DRIP/releases/tag/v1.0.0.5. This wallet will not connect to any nodes or synchronise until 9pm GMT tonight - as the blockchain hasn't yet kicked off so there's nothing to sync to.
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May 16, 2018, 07:34:38 AM
 #66

how many hours left until mining? can we solo mine? pools?

Hi, mining has already begun - but DRIP itself is not mineable. You need to mine LUX of RVN to an address owned by DRIP and, instead of the LUX or RVN, you would receive DRIP. We are not going the approach of selling masternodes. DRIP want to be funded by miners, not masternodes. As such, miners are the ones who stand to make big money here - not those with a load of bitcoin to buy masternodes.

You need to:

Download the DRIP wallet;
Generate a DRIP address;
Private message us your DRIP address requesting a DRIP-owned LUX or RVN address;
Mine to that address via a pool of your choice;

DRIP would then receive the LUX and RVN and sell it to fund exchange listings. We would send you DRIP for your mined coins at a rate of 1.7 RVN = 1 DRIP or 0.01 LUX = 1 DRIP.

You can contact us privately either here or on Discord.

Our wallets are available at: https://github.com/DRIP-Project/DRIP/releases/tag/v1.0.0.5. This wallet will not connect to any nodes or synchronise until 9pm GMT tonight - as the blockchain hasn't yet kicked off so there's nothing to sync to.

Mining will continue for at least one month - and the first DRIP payouts will be later today when we release a wallet update to allow you to connect to nodes and synchronize.
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May 16, 2018, 07:43:40 AM
 #67

We are nearly there  Grin

With us kicking off as a Proof of Stake coin at 9pm, the first DRIP payments will be for the balances mined to our LUX and RVN addresses a few hours before that (around 6pm GMT). The reason for this is that we need to manually generate the first batch of 200 blocks and that takes time (at least 51 confirmations are required before we can pay everyone from the genesis block proceeds and a further 101+ are needed before anyones DRIP is eligible for Proof of Stake rewards - basically, at 9pm, we need to launch with everyone having already had their 101+ confirmations and being able to receive staking rewards immediately). Let us know if you have any questions on this.

Of course, as stated before, the mining of LUX or RVN in order to earn DRIP will continue for at least one month.
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May 16, 2018, 12:54:09 PM
 #68

We are currently ahead of schedule and are good to go with our 9pm (GMT) launch.

Miners can continue mining LUX and RVN for the next month. They can stake the DRIP they earn too so continued mining will have you earning on both fronts. At this early stage, building up to a masternode is totally achievable and, when at that level, you could have mining rewards, staking rewards AND masternode rewards.  Smiley
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May 16, 2018, 04:45:22 PM
 #69

Look better.  The main thing that provided the purses were reliable . Now reliability and safety above all . My best regards
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May 16, 2018, 06:43:08 PM
 #70

How to add node??
 my wallet say:  0 active conection to DRIP Network
i can't  sync

drip explorer available?

◥      https://VEIAG.com      ◤
Virtual Economic Investment Academia Guild
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May 16, 2018, 06:53:02 PM
 #71

How to add node??
 my wallet say:  0 active conection to DRIP Network
i can't  sync

drip explorer available?
You must wait until 9pm GMT. You should download new updated wallet and then you'll be able to sync.

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May 16, 2018, 08:19:09 PM
 #72

Is it right that the minimum stake amount is 2000 ?  Huh Shocked
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May 17, 2018, 09:03:42 AM
 #73

It is a promising project in the future, I am really considering to join and i wish you the best, Good luck to developers !

https://akropolis.io/
♦ AKROPOLIS ♦ Blockchain Pensions Infrastructure ♦
♦ Token Generation Event Q2 2018 ♦
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May 17, 2018, 09:32:22 AM
 #74

Is it right that the minimum stake amount is 2000 ?  Huh Shocked
The minimum stake amount is 1 DRIP.

It is a promising project in the future, I am really considering to join and i wish you the best, Good luck to developers !
If you like this project, you can enjoy in them Discord channel: https://discord.gg/NRPfdQR

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May 17, 2018, 03:18:14 PM
 #75

The original post has been updated with a link to our block explorer, which is available at http://explorer.dripcoin.tech/
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May 17, 2018, 06:53:55 PM
 #76

Our first payment of DRIP to our LUX miners has gone successfully and is visible on our block explorer here: http://explorer.dripcoin.tech/tx/ff3166450f89f81bf66935ed889de1700797dda07a5e4a59a837035d7f2bbf8e

Our first payment of DRIP to our RVN miners has gone successfully and is visible on our block explorer here: http://explorer.dripcoin.tech/tx/fe4f22cb1588a73ac788fd6a067d20df3420c2d53d9d4915aa562eb80d79ef7e


The next payout will be tomorrow evening (UK time).

The block reward for staking is 9 DRIP - with a block every minute, that's 12,960 DRIP per day.

With a 300,000 coin supply and 216,239 of these locked and unstakeable, estimated return to stakers for day 1 of our blockchain will be about 15% (12,960/83,761).
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May 17, 2018, 10:56:06 PM
 #77

It is great that the staking is live, the rewards are coming in:)
Keep up the good and transparent work!
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May 18, 2018, 06:33:01 AM
 #78

Thanks janarel and well done on being in at such an early stage. There are surely some great profits to be made in the coming days, weeks and months  Grin
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May 18, 2018, 06:48:17 AM
 #79

waiting pool  Smiley

There will be no pool for DRIP. DRIP is a proof of stake coin and cannot be mined directly. You cannot buy DRIP yet either until it reaches exchange. To get your first DRIP, with which you start to earn staking rewards, you need to:

Download the DRIP wallet;
Generate a DRIP address;
Private message us your DRIP address requesting a DRIP-owned LUX or RVN address;
Mine to that address via a pool of your choice;

We link your DRIP address to the LUX or RVN address and you earn DRIP by mining LUX or RVN on a pool of your choice - with 1 DRIP for every 1.7 RVN or every 0.01 LUX.

The DRIP wallet is available here: https://github.com/DRIP-Project/DRIP/releases/tag/v1.0.2.1
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May 18, 2018, 06:55:51 AM
 #80

Finally all is working  Shocked

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May 18, 2018, 11:14:29 AM
 #81

Staking rewards are frequent and the network is stable. There are 7 masternodes online and we will be pulling down 3 of these as soon as our miners start spinning up masternodes of their own.

For any new miners looking to start, download our wallet, create a DRIP address and contact us requesting a linked RVN/LUX address to which you can mine.
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May 18, 2018, 04:23:26 PM
 #82

Later today, I'll be converting LUX and RVN donated so far to Bitcoin, the payment of choice for exchange listings, and providing the address so that people can track our progress toward our first exchange listing.

We do not wish to list on any exchange where the listing fee is less than 0.5 BTC as it would result in us being one good coin in a sea of sh1tcoins. We don't want to be tarred with the same brush as such coins.
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May 18, 2018, 04:41:00 PM
 #83

how does this staking work?

-
You are what you do, not what you say you'll do
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May 18, 2018, 08:39:42 PM
 #84

how does this staking work?

u need to have some coins in the wallet and leave it open and u getting coins rewards Smiley

try to read about POS mining online its interesting
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May 18, 2018, 09:26:45 PM
 #85

Thanks for the kind comments all.

As any of you involved with DRIP will be aware, the DRIP payouts for today have gone without a hitch and everyone continues to get frequent staking rewards.

Join us on Discord if interested in getting involved with DRIP - it's sure to be a profitable experience for all concerned.
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May 19, 2018, 01:48:29 AM
 #86

how does this staking work?

u need to have some coins in the wallet and leave it open and u getting coins rewards Smiley

try to read about POS mining online its interesting

meaning I have to acquire some coins through purchase.

the Blessed Sakseeda
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May 19, 2018, 08:29:24 AM
 #87

how does this staking work?

u need to have some coins in the wallet and leave it open and u getting coins rewards Smiley

try to read about POS mining online its interesting

meaning I have to acquire some coins through purchase.

for the  moment u cannot buy drip but u can mine and then start staking

The approach for mining to the DRIP-owned addresses is as follows:

Create a DRIP address using the DRIP wallet
Private Message on Discord/Bitcointalk/Facebook/Twitter the DEV with your DRIP address and requesting a LUX or RVN address
Mine to a pool of your choice using the LUX or RVN address they provide and you will earn DRIP rewards

join the discord channel:

https://discord.gg/n93p2BW for more information
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May 19, 2018, 08:37:11 AM
 #88

how does this staking work?

u need to have some coins in the wallet and leave it open and u getting coins rewards Smiley

try to read about POS mining online its interesting

meaning I have to acquire some coins through purchase.

for the  moment u cannot buy drip but u can mine and then start staking

The approach for mining to the DRIP-owned addresses is as follows:

Create a DRIP address using the DRIP wallet
Private Message on Discord/Bitcointalk/Facebook/Twitter the DEV with your DRIP address and requesting a LUX or RVN address
Mine to a pool of your choice using the LUX or RVN address they provide and you will earn DRIP rewards

join the discord channel:

https://discord.gg/n93p2BW for more information


Thanks vipsvvvv.

For your information, you should create your own invite link to put in any replies you post on Bitcointalk or through other online platforms.

We are operating a daily bounty where the person who's invite link is used most that day receives a 5% share of a shared masternode to be run by the DRIP team until each winner has received a total of 5,000 coins. More detail can be found on the 'bounty-discord' channel of our Discord.

To create your own invite link, click the down arrow on the DRIP discord server beside the name 'DRIP Coin' on the top left of your screen. Make sure to edit it to never expire as the default is to expire after a short while and your invite link would be dead.

There is no issue with using the DRIP link - but you may have a chance at winning the daily prize if you create your own  Grin
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May 19, 2018, 08:50:10 AM
 #89

As promised, the dev team are not permitted to stake the funds that are being held for future distribution to miners. This is the reason current rewards are so frequent. Here is the detail after yesterdays payouts had concluded:

Premine: 290,000 (mostly for distribution to miners)
Locked to Masternodes: 80,000 (half of which is temporary until more masternodes come online - those 40,000 coins are also for distribution to miners)
Total Payout to Miners to date: 24,035.6

To be locked and not staked: 185,964.4


Addresses for Public Verification
DLZt7h34GJEJ8FJSP51TAvxYHVG2ZtuXFu
DCyqqBwcacn1Mr5AQ7w6JPg2bdpNNLeZ5G

You will not see these addresses getting staking rewards.

Block Explorer: http://explorer.dripcoin.tech
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May 19, 2018, 09:51:30 AM
 #90

The original post has now been updated with a link to a copy of our whitepaper:

WHITEPAPER
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May 19, 2018, 10:21:49 AM
 #91

joined DRIP invite bounty program

❍ LightPayCoin ❍
HIGH ROI POS + MasterNode
Upto 90% MN Rewards (https://bitcointalk.org/index.php?topic=4349090)
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May 19, 2018, 04:15:07 PM
 #92

I've posted the main detail from our other thread on post two of this thread and will lock the other.  Grin
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May 19, 2018, 04:32:19 PM
 #93

I've posted the main detail from our other thread on post two of this thread and will lock the other.  Grin
Good choice! I'll translate whitepaper in italian language as soon as I can.

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May 19, 2018, 04:48:33 PM
 #94

I've posted the main detail from our other thread on post two of this thread and will lock the other.  Grin
Good choice! I'll translate whitepaper in italian language as soon as I can.

Thank you very much Maverik93   Grin
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May 19, 2018, 05:55:18 PM
 #95

Todays DRIP payouts are complete. Let us know if you have any issues.  Grin
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May 19, 2018, 06:11:47 PM
 #96

Todays DRIP payouts are complete. Let us know if you have any issues.  Grin
Received! Cheesy no staking since yesterday, but wallet is still open.

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May 19, 2018, 06:37:18 PM
 #97

This coin is really surprising because of the honesty of the devs I experienced so far. They are fully transparent and up to so far I got a generous exchange rate for all the mined RVN.
The first month staking rewards will go nearly all to stakers and the devs locked their masternodes from staking so that literally everything is going to community.
I will mine and stake to be one of the first to get a masternode!
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May 19, 2018, 06:56:59 PM
 #98

Todays DRIP payouts are complete. Let us know if you have any issues.  Grin
Received! Cheesy no staking since yesterday, but wallet is still open.


Please make sure your wallet is unlocked and staking status is green. I'm sure you have this done as you've already received some 9 DRIP staking rewards - but it's worth double checking.

Regarding numbers, at the moment, 80,000 coins are locked to masternodes and 176,588.4 are locked to dev addresses awaiting distribution to our miners and bounty program winners. These are not staking.

The total coin supply is 333,305 which means there are 76,715.6 coins eligible for staking - not all wallets are necessarily connected to the net 24/7 and staking but we'll assume the lowest possible rate of return here.

Based on current numbers, and with 1,440 blocks per day, people should get one staking reward, on average, per day for every 53.275 DRIP the hold. That's about a 17% daily return at present.

Of course, these are averages and, just like a mining pool could go on twice as long as it should before receiving a block reward, you could hold this 53.275 coins and not receive a staking reward for 2 days. In the long run, however, it should average out.
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May 19, 2018, 07:05:05 PM
 #99

This coin is really surprising because of the honesty of the devs I experienced so far. They are fully transparent and up to so far I got a generous exchange rate for all the mined RVN.
The first month staking rewards will go nearly all to stakers and the devs locked their masternodes from staking so that literally everything is going to community.
I will mine and stake to be one of the first to get a masternode!

Thanks for your kind words and your continued support of the DRIP project.  Grin
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May 20, 2018, 03:46:21 AM
 #100

Hi Drip, I'd love to participate but I can't send you a PM, because your setting doesn't allow for messages from newbies. Any chance you could adjust this?
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May 20, 2018, 06:06:25 AM
 #101

Hi Drip, I'd love to participate but I can't send you a PM, because your setting doesn't allow for messages from newbies. Any chance you could adjust this?

Thanks bsizzle. The setting is now changed  Grin
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May 20, 2018, 06:12:34 AM
 #102

We are now at day thee of our blockchain. The entire of month one will be dedicated to miners mining LUX/RVN to our addresses. After that, block rewards increase. The block rewards are lower now but there are fewer people earning them than there will be in one months time - so rewards are frequent.  Grin
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May 20, 2018, 09:00:20 AM
 #103

Hi DRIP, another little question, is there any way to change number of thread used from Wallet to earn in POS mining?

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May 20, 2018, 12:04:52 PM
 #104

Hi DRIP, another little question, is there any way to change number of thread used from Wallet to earn in POS mining?

Hi, you would simply need to create new addresses within the wallet belong to yourself and send, for example, 1000 coins in your one address to four new addresses, belonging to you - split into batches of 250.

Doing this would ensure that only 250 coins are locked, from a staking perspective, for 51 confirmations/minutes after you receive each staking reward.  Grin
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May 20, 2018, 12:41:25 PM
 #105

Hi, you would simply need to create new addresses within the wallet belong to yourself and send, for example, 1000 coins in your one address to four new addresses, belonging to you - split into batches of 250.

Doing this would ensure that only 250 coins are locked, from a staking perspective, for 51 confirmations/minutes after you receive each staking reward.  Grin
This choice can be useful for few staking rewards! Thanks about your idea.

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May 20, 2018, 02:26:06 PM
 #106

Todays payouts of DRIP have been made. Thanks to all our miners.
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May 20, 2018, 08:10:09 PM
 #107

I started mining Lux to convert to Drip and got my first payout of 50 Drip coins today. Thanks, dev!

Is 250 coins the optimum input size for staking right now?

MN Sharing, POS Staking Pool: https://simplepospool.com/?ref=leetlezee
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May 21, 2018, 06:48:12 AM
 #108

Hi Drip, I'd love to participate but I can't send you a PM, because your setting doesn't allow for messages from newbies. Any chance you could adjust this?

Thanks bsizzle. The setting is now changed  Grin

Thanks drip, I sent you a message!
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May 21, 2018, 08:00:21 AM
 #109

I started mining Lux to convert to Drip and got my first payout of 50 Drip coins today. Thanks, dev!

Is 250 coins the optimum input size for staking right now?

Hi,

It continuously changes as more coins are staking each day but a lot are now choosing inputs of 200-300 right now.
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May 21, 2018, 08:04:28 AM
 #110

Hi Drip, I'd love to participate but I can't send you a PM, because your setting doesn't allow for messages from newbies. Any chance you could adjust this?

Thanks . The setting is now changed  Grin

Thanks drip, I sent you a message!


Thank you bsizzle. Response sent  Grin
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May 21, 2018, 04:31:32 PM
 #111

As you will see in our block explorer (link: http://explorer.dripcoin.tech/), we are now approaching 5 days into our new coin (it's a 60 second blocktime).

As you continue to mine to our LUX and RVN addresses, we are now 30% funded for our first exchange listing (CryptoBridge). Thanks to all for supporting the project.

The block rewards increase significantly after 30 days so there's still loads of time to earn DRIP so that you have a good base of coins with which you are staking before the increase in block rewards.

DRIP is not directly mineable as this offers no advantage to us as a coin and doesn't provide us with the funding we now need due to our refusal to sell masternodes and/or coins.

Instead, you miners need to mine LUX or RVN to an address owned by DRIP and, instead of the LUX or RVN, you would receive DRIP.

You need to:

Download the DRIP wallet here: https://github.com/DRIP-Project/DRIP/releases/tag/v1.0.2.1;
Generate a DRIP address;
Private message us your DRIP address requesting a DRIP-owned LUX or RVN address;
We will provide you a LUX or RVN address that we've linked to your DRIP address;
Mine to that address via a pool of your choice;

DRIP would then receive the LUX and RVN and sell it to fund exchange listings. We would send you DRIP for your mined coins at a rate of 1.7 RVN = 1 DRIP or 0.01 LUX = 1 DRIP.

You can contact us privately either here or on Discord.
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May 21, 2018, 05:40:45 PM
 #112

Todays payouts of DRIP have been made. Thanks to all our miners.

When will today's payment be made?

MN Sharing, POS Staking Pool: https://simplepospool.com/?ref=leetlezee
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May 21, 2018, 08:02:31 PM
 #113

Todays payouts of DRIP have been made. Thanks to all our miners.

When will today's payment be made?

Hi. Today's payouts were made in block 6933:

http://explorer.dripcoin.tech/tx/841bcf6d963b831ddd108eacaaf50dea29d0ace4bbf57dadbb0e2ef1a19c0289
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May 22, 2018, 02:00:18 AM
 #114

LUX miners which pool are you using? I've been trying pickaxe for the past 12 hours but am constantly getting "Stratum connection to lux.pickaxe.pro interrupted" errors.
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May 22, 2018, 02:54:37 AM
 #115

Fantastic! Big fans of the site, very excited to be listed. Can't wait to see what kind of comments and feedback we receive.

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May 22, 2018, 04:45:47 AM
 #116

LUX miners which pool are you using? I've been trying pickaxe for the past 12 hours but am constantly getting "Stratum connection to lux.pickaxe.pro interrupted" errors.

A lot of our miners are using BSOD.
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May 22, 2018, 05:25:42 AM
 #117

Fantastic! Big fans of the site, very excited to be listed. Can't wait to see what kind of comments and feedback we receive.


Thanks for being involved with DRIP so early in our lives. I'm confident that this will bs a very profitable experience for all.
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May 22, 2018, 06:42:06 AM
 #118

The current balance of the DRIP charity address is 2168.50502011 DRIP, and growing. Like the dev held coins that will be distributed to miners, we are not staking with the charity address - community opinion would likely be divided on this.
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May 22, 2018, 05:54:20 PM
 #119

Payouts for today were processed via the following transaction:

http://explorer.dripcoin.tech/tx/1e8221d9cf740b6a9ed99e505cbd51023c44f18ebadff0eb23ba2c08706b18f8

Thanks to all our miners and good luck!
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May 22, 2018, 06:05:11 PM
 #120

Alright, hoping on board to spec mine this coin. I'll point a few rigs from my farm towards it to accumulate some coins.

PM sent to the dev's, will get started ASAP when I receive the LUX address.


Owner/Operator of LARGEST Greater Toronto Area mining operation.

BUY BITCOIN
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May 22, 2018, 06:39:22 PM
 #121

Alright, hoping on board to spec mine this coin. I'll point a few rigs from my farm towards it to accumulate some coins.

PM sent to the dev's, will get started ASAP when I receive the LUX address.



Hi Greenfailure.

I've responded to your PM. Thank you and good luck with your mining.
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May 22, 2018, 07:06:33 PM
 #122

Looks pretty good. The idea itself, of course, is not new, but in general it's not bad. I do not understand why some people spoke negative here

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May 22, 2018, 08:06:06 PM
 #123

Hi Drip, I'd love to participate but I can't send you a PM, because your setting doesn't allow for messages from newbies. Any chance you could adjust this?
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May 22, 2018, 08:50:59 PM
 #124

Hi Drip, I'd love to participate but I can't send you a PM, because your setting doesn't allow for messages from newbies. Any chance you could adjust this?

Hi,

My PM has already been set to allow messages from newbies.

Thanks.
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May 23, 2018, 06:41:15 AM
 #125

Hi Drip, I'd love to participate but I can't send you a PM, because your setting doesn't allow for messages from newbies. Any chance you could adjust this?

I've responded to your PM. Thank you and good luck!
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May 23, 2018, 07:07:34 AM
 #126

A quick look at our block explorer (http://explorer.dripcoin.tech/) will tell you that we are not just over 6 days into our blockchain. We expect our mining program to last another 3 weeks before we move to a fully proof of stake coin and get listed on CryptoBridge.

The proof of stake returns on mining earnings is still high at approximately 10% per day. This will gradually decrease until it hits approximately 4-5% per year in 17 months time.
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May 23, 2018, 07:09:02 AM
 #127

Few stakes every day! I love this coin! Waiting for CryptoBridge to buy more.

http://www.arBITAO.com
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May 23, 2018, 08:49:19 AM
 #128

Few stakes every day! I love this coin! Waiting for CryptoBridge to buy more.

Thank Maverik93. Yes, rewards are very frequent at this early stage  Grin
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May 23, 2018, 09:43:49 AM
 #129

As you will see in our block explorer (link: http://explorer.dripcoin.tech/), we are now approaching 5 days into our new coin (it's a 60 second blocktime).

As you continue to mine to our LUX and RVN addresses, we are now 30% funded for our first exchange listing (CryptoBridge). Thanks to all for supporting the project.

The block rewards increase significantly after 30 days so there's still loads of time to earn DRIP so that you have a good base of coins with which you are staking before the increase in block rewards.

DRIP is not directly mineable as this offers no advantage to us as a coin and doesn't provide us with the funding we now need due to our refusal to sell masternodes and/or coins.

Instead, you miners need to mine LUX or RVN to an address owned by DRIP and, instead of the LUX or RVN, you would receive DRIP.

You need to:

Download the DRIP wallet here: https://github.com/DRIP-Project/DRIP/releases/tag/v1.0.2.1;
Generate a DRIP address;
Private message us your DRIP address requesting a DRIP-owned LUX or RVN address;
We will provide you a LUX or RVN address that we've linked to your DRIP address;
Mine to that address via a pool of your choice;

DRIP would then receive the LUX and RVN and sell it to fund exchange listings. We would send you DRIP for your mined coins at a rate of 1.7 RVN = 1 DRIP or 0.01 LUX = 1 DRIP.

You can contact us privately either here or on Discord.

These are very good conditions for miners, I think that it will be interesting for the project participants, that the price will grow in the near future on a token and people will be able to get a good profit on the exchange

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May 23, 2018, 01:30:48 PM
 #130

As you will see in our block explorer (link: http://explorer.dripcoin.tech/), we are now approaching 5 days into our new coin (it's a 60 second blocktime).

As you continue to mine to our LUX and RVN addresses, we are now 30% funded for our first exchange listing (CryptoBridge). Thanks to all for supporting the project.

The block rewards increase significantly after 30 days so there's still loads of time to earn DRIP so that you have a good base of coins with which you are staking before the increase in block rewards.

DRIP is not directly mineable as this offers no advantage to us as a coin and doesn't provide us with the funding we now need due to our refusal to sell masternodes and/or coins.

Instead, you miners need to mine LUX or RVN to an address owned by DRIP and, instead of the LUX or RVN, you would receive DRIP.

You need to:

Download the DRIP wallet here: https://github.com/DRIP-Project/DRIP/releases/tag/v1.0.2.1;
Generate a DRIP address;
Private message us your DRIP address requesting a DRIP-owned LUX or RVN address;
We will provide you a LUX or RVN address that we've linked to your DRIP address;
Mine to that address via a pool of your choice;

DRIP would then receive the LUX and RVN and sell it to fund exchange listings. We would send you DRIP for your mined coins at a rate of 1.7 RVN = 1 DRIP or 0.01 LUX = 1 DRIP.

You can contact us privately either here or on Discord.

These are very good conditions for miners, I think that it will be interesting for the project participants, that the price will grow in the near future on a token and people will be able to get a good profit on the exchange

Thanks alrose. I believe our miners will do very well indeed. The mining program only lasts a month and will end before the block rewards increase significantly. Anyone mining during this month will be getting in early on a project for which we have very high expectations in the future.
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May 23, 2018, 03:30:09 PM
 #131

DRIP sounds like an amazing concept, especially for the user.
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May 23, 2018, 06:48:32 PM
 #132

If I hover on the bottom right corner icon, it says Staking is not active. Is there anything we need to do to enable staking other than just keeping the wallet open?
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May 23, 2018, 09:49:36 PM
 #133

If I hover on the bottom right corner icon, it says Staking is not active. Is there anything we need to do to enable staking other than just keeping the wallet open?

Is staking active yet? I believe you got your first DRIP payment earlier today. For staking, coins need 51 confirmations before staking becomes active - and, with 60 second block times, this takes 51 minutes.
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May 23, 2018, 11:10:15 PM
 #134

If I hover on the bottom right corner icon, it says Staking is not active. Is there anything we need to do to enable staking other than just keeping the wallet open?

Is staking active yet? I believe you got your first DRIP payment earlier today. For staking, coins need 51 confirmations before staking becomes active - and, with 60 second block times, this takes 51 minutes.

Ah yep! It's active now. Thanks for the heads up!
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May 24, 2018, 03:56:21 AM
 #135

Hi,

Our OSX wallet is available for download at: http://192.64.116.113/DRIP.dmg
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May 24, 2018, 07:13:14 AM
 #136

Our blockchain has now been online for just over a week and things are running very smoothly - with our miners receiving frequent rewards. It's not too late to join us as there is still 23 days left in our mining program before we switch to pure PoS.

Our first exchange listing should be in approximately 3 weeks time.
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May 24, 2018, 09:07:45 AM
 #137

Some Estimated Figures for Block 43,200 (23 days from now):

Outstanding coins at block 43,200: 290,000 + 240 + 473,880 = 764,120

Block Reward After 43,200: 151 coins - 150 of which is split between masternode and staker

Expected coins locked to masternodes: 317,109.8 (41.5%) - possibly lower but should reach this within a week or two

Expected masternode reward per block: 75 coins
Expected masternode reward per day: 108,000 coins

That's an estimated 34% daily return for masternodes on day 1. This will obviously drop rapidly to a more sustainable level.
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May 24, 2018, 09:15:27 AM
 #138

What exchange are you planning to list this on besides Crypto Bridge and will the fund raiser be enough for both listings?

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.STREAMITY.
 

 

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May 24, 2018, 09:26:29 AM
 #139

What exchange are you planning to list this on besides Crypto Bridge and will the fund raiser be enough for both listings?

The primary exchange to be listed on next month will be CryptoBridge. The next priority for the funds raised via mining will be listings on masternodes.online and masternodes.pro.

When the above is complete, we are going to set our sights on a single backup exchange. The intention here is to spend less than what CryptoBridge, our primary exchange, cost for listing - as it's really only a backup to allow coinholders to trade on occasions outside the control of the DRIP team where CryptoBridge may be down.

We had looked at stocks.exchange for this (costing 0.5 BTC to list) - but some of our community expressed a concern about rumours that they set up masternodes with held funds. We'll research this further and will get input from the community - it may not be of much concern considering how little coins we'd expect to be held within our backup exchange, or any exchange, considering our Proof of Stakes rewards available by holding outside exchange.

At current rates, and with 23 days mining to go, we expect funding via mining to raise the CryptoBridge fee, both masternodes listings website fees and a portion of the secondary listing fee. We're looking at a number of options for funding the remainder of the secondary listing fee (if needed) and more detail will be released in due course.

Our roadmap will have us looking at larger exchanges - but the above is the short-term goal. The larger exchange listing will begin with Cryptopia, or similar, and we expect to have a proposal in place for this during Q4 2018.
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May 24, 2018, 06:17:32 PM
 #140

All payouts for today where completed at block 11135 via the following transaction:

http://explorer.dripcoin.tech/tx/6eb4784802afe8501fd22e943dded1300397e73072f9fa96c4df7168c2fcf92c

Thanks all and good luck with your mining.
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May 25, 2018, 02:13:16 AM
 #141

Outstanding PM's have been responded to and there are currently no outstanding requests for RVN/LUX addresses.

If you'd like an address, please PM us here or on Discord.
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May 25, 2018, 09:51:43 AM
 #142

We are now a bit over 8 days into the 30 days during which our blockchain is running and miners can mine RVN/DRIP to our addresses in order to earn DRIP rewards.

The DRIP staking rewards received by miners after receiving their DRIP now stands at approximately 6.8% per day. Rewards will increase in 22 days time.
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May 25, 2018, 05:43:25 PM
 #143

All payouts for today where completed at block 12526 via the following transaction:

http://explorer.dripcoin.tech/tx/2562bae119e3d5713d12d6449a1dbdfa6e25bb29e39ebb81d880a462b046be78

Thanks all and good luck with your mining.
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May 25, 2018, 08:33:09 PM
 #144

I've responded to all requests for RVN and LUX mining addresses. Thank you.
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May 26, 2018, 12:55:31 PM
 #145

The original post has been updated with our website details. This is a work-in-progress. It will be tweaked, refined and added to over the coming weeks, months and years. It may even be completely rewritten when we engage with a company to launch a full-scale marketing campaign.
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May 26, 2018, 04:54:28 PM
 #146

All payouts for today where completed at block 13935 via the following transaction:

http://explorer.dripcoin.tech/tx/7fbaecd2c648700e83d6d0cee93c102066580fac778cb5f7b080400a1aa063c8

Thanks all and good luck with your mining.
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May 26, 2018, 05:12:57 PM
 #147

For anyone else looking to join us during our miner funding program, you need to:

  • Download the DRIP wallet here: https://github.com/DRIP-Project/DRIP/releases/tag/v1.0.2.1;
  • Generate a DRIP address;
  • Private message us your DRIP address requesting a DRIP-owned LUX or RVN address;
  • We will provide you a LUX or RVN address that we've linked to your DRIP address;
  • Mine to that address via a pool of your choice;

DRIP would then receive the LUX and RVN and sell it to fund exchange listings. We would send you DRIP for your mined coins at a rate of 1.7 RVN = 1 DRIP or 0.01 LUX = 1 DRIP.

You can contact us privately either here or on Discord.
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May 26, 2018, 05:55:40 PM
 #148

A great project, let's stick to it for a long time, see what will happen, and hope to get a good return in the future.

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May 26, 2018, 07:36:30 PM
 #149

Should we start seeing staking rewards yet? I haven't seen anything so far. I know you mentioned above the current stake rate was 10% daily. Does that mean I should see a 10% stake reward daily, or do I need to hit a certain limit before the stake is rewarded?
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May 26, 2018, 09:58:36 PM
 #150

A great project, let's stick to it for a long time, see what will happen, and hope to get a good return in the future.


Thanks Eulalila. I believe a great future lies ahead for DRIP - as do those on our Discord server.  Grin
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May 26, 2018, 10:07:45 PM
 #151

Should we start seeing staking rewards yet? I haven't seen anything so far. I know you mentioned above the current stake rate was 10% daily. Does that mean I should see a 10% stake reward daily, or do I need to hit a certain limit before the stake is rewarded?

bsizzle, I've checked the DRIP address you provided me. Please correct me if I'm wrong here but at the time of today's DRIP payout, you had mined 25.19762204 RVN to your DRIP-owned RVN address and have had a total of 16 DRIP sent to you in payment . Your first DRIP coin was received on Wednesday and, three days later, you've already had a 9 DRIP staking reward (received yesterday). This is a significant return on 16 DRIP held for 3 days.

Each staking reward is 9 DRIP and you currently hold 25 DRIP. You should not expect to see a daily reward unless you mine and earn more DRIP coins. Feel free to contact me here if you have any further questions on this.
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May 27, 2018, 02:11:10 AM
 #152


bsizzle, I've checked the DRIP address you provided me. Please correct me if I'm wrong here but at the time of today's DRIP payout, you had mined 25.19762204 RVN to your DRIP-owned RVN address and have had a total of 16 DRIP sent to you in payment . Your first DRIP coin was received on Wednesday and, three days later, you've already had a 9 DRIP staking reward (received yesterday). This is a significant return on 16 DRIP held for 3 days.

Each staking reward is 9 DRIP and you currently hold 25 DRIP. You should not expect to see a daily reward unless you mine and earn more DRIP coins. Feel free to contact me here if you have any further questions on this.

Ah shoot, sorry about that. You're right. I was looking at the transactions and thought all of them were associated with mining, but I see the 9 DRIP staking reward notated differently. Thanks for clearing that up, and sorry for my confusion!
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May 27, 2018, 07:20:41 AM
 #153


bsizzle, I've checked the DRIP address you provided me. Please correct me if I'm wrong here but at the time of today's DRIP payout, you had mined 25.19762204 RVN to your DRIP-owned RVN address and have had a total of 16 DRIP sent to you in payment . Your first DRIP coin was received on Wednesday and, three days later, you've already had a 9 DRIP staking reward (received yesterday). This is a significant return on 16 DRIP held for 3 days.

Each staking reward is 9 DRIP and you currently hold 25 DRIP. You should not expect to see a daily reward unless you mine and earn more DRIP coins. Feel free to contact me here if you have any further questions on this.

Ah shoot, sorry about that. You're right. I was looking at the transactions and thought all of them were associated with mining, but I see the 9 DRIP staking reward notated differently. Thanks for clearing that up, and sorry for my confusion!

That's no problem at all. If you have any further questions, feel free to ask.

I see you've had another stake overnight. Well done and good luck with receiving more Smiley
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May 27, 2018, 08:16:21 AM
 #154

The boat is surfing very well. Few stake rewards every day Shocked Thank you DRIP, waiting for any news about your project. Time by time!

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May 27, 2018, 08:56:48 AM
 #155

one finding a good idea of ​​a new coin, and I'm very happy because  may only be used for miners without ASIC

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drip
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May 27, 2018, 09:12:17 AM
 #156

The boat is surfing very well. Few stake rewards every day Shocked Thank you DRIP, waiting for any news about your project. Time by time!

Thanks Maverik93. Have you reviewed our newly released website at https://www.dripcoin.tech? This was released yesterday and will be expanded to include more information in the coming days.  Grin
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May 27, 2018, 12:14:13 PM
 #157

Thanks Maverik93. Have you reviewed our newly released website at https://www.dripcoin.tech? This was released yesterday and will be expanded to include more information in the coming days.  Grin
I'm checking your website now. Can you add more about you and your team in About Us section? This can help every investor to trust you a little bit.

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May 27, 2018, 05:27:18 PM
 #158

Thanks Maverik93. Have you reviewed our newly released website at https://www.dripcoin.tech? This was released yesterday and will be expanded to include more information in the coming days.  Grin
I'm checking your website now. Can you add more about you and your team in About Us section? This can help every investor to trust you a little bit.

Maverik93, we will be adding details for some of the team in the near future. Some of the team do not want identities revealed and I will not be forcing their hands on this. There are many countries where revelations of being involved in a big way in crypto can result in safety concerns - a mere Google search for 'cryptocurrency kidnapping' will reveal why some have concerns and why it wouldn't be prudent of me to force everyone to reveal identities.

That being said, we will be adding detail for a core group of the team as this will be needed before we start attending conferences and public events and when we are trying to secure agreements from retailers to accept DRIP. Personally, as I live in Ireland, I'm not overly concerned about security issues so I'll be one of the ones revealing more about myself in due course.
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May 27, 2018, 05:35:46 PM
 #159

Thanks Maverik93. Have you reviewed our newly released website at https://www.dripcoin.tech? This was released yesterday and will be expanded to include more information in the coming days.  Grin
I'm checking your website now. Can you add more about you and your team in About Us section? This can help every investor to trust you a little bit.

Regarding the trust aspect, our current miners have taken the leap of faith required for most new projects. We are now over 60% funded for our CryptoBridge listing and should be fully funded around the end of next week. I'm hopeful that our payment of fees and listing on CryptoBridge will go a long way towards proving that we are in it for the long-run.

If we were looking for a quick profit, we'd have already listed on Graviex or stocks.exchange - as we've got enough funding for either. Like our community, we are not interested in listing in either - CryptoBridge is the place to be until such times as we can move to Cryptopia, or similar, for our primary exchange.
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May 27, 2018, 06:19:34 PM
 #160

All payouts for today where completed at block 15443 via the following transaction:

http://explorer.dripcoin.tech/tx/90477324e19c5c3ed3bb29fd841288a50ba4fc2648e5b105963ec638cca0492d

Thanks all and good luck with your mining.
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May 28, 2018, 07:29:55 AM
 #161

Maverik93, we will be adding details for some of the team in the near future. Some of the team do not want identities revealed and I will not be forcing their hands on this. There are many countries where revelations of being involved in a big way in crypto can result in safety concerns - a mere Google search for 'cryptocurrency kidnapping' will reveal why some have concerns and why it wouldn't be prudent of me to force everyone to reveal identities.

That being said, we will be adding detail for a core group of the team as this will be needed before we start attending conferences and public events and when we are trying to secure agreements from retailers to accept DRIP. Personally, as I live in Ireland, I'm not overly concerned about security issues so I'll be one of the ones revealing more about myself in due course.
I know what do you mean and I respect your choice, it isn't a must but a should. You are free to do what ever you want, obviously.
I'm so happy for this project atm. Cheesy

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May 30, 2018, 08:44:49 AM
 #162

All payouts are now fully up to date. We had two payouts yesterday and will be doing the same today - with the first just completed and the second in approximately 12 hours time. Thanks all and good luck with your mining.
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May 31, 2018, 08:42:00 AM
 #163

what if i do mining RVN from suprnova, and do setting payout for given drip address, is that possible?

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May 31, 2018, 01:46:06 PM
 #164

what if i do mining RVN from suprnova, and do setting payout for given drip address, is that possible?

No, you cannot use your DRIP address when mining to the pools. You must contact us with your DRIP address and we'll send you a linked RVN address to use on the pools.
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June 01, 2018, 10:19:31 AM
 #165

All payouts are fully up to date. The next DRIP payout will be in approximately 12 hours time.

The rate of DRIP given for LUX mining has been increased to 125 DRIP for every 1 LUX (in light of the recent RVN mining pool attacks and price fluctuations in RVN and LUX since the original rates were set).
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June 01, 2018, 04:55:04 PM
 #166

what if i do mining RVN from suprnova, and do setting payout for given drip address, is that possible?

No, you cannot use your DRIP address when mining to the pools. You must contact us with your DRIP address and we'll send you a linked RVN address to use on the pools.
yes it is done according to the instructions and I get some drip from my RVN mining on the mining pool. this is a good job, and waiting for news for the next exchange

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June 02, 2018, 03:42:10 PM
 #167

Todays payouts are complete. They were made at block 23,883 via the following transaction:

http://explorer.dripcoin.tech/tx/a5a41c5de5635caa01b5ff77a50e6248bbbbc4dd5bd0f313002fbff9a2eed30d

As always, new miners are always welcome so please feel free to contact us if you'd like to join. We are now just under 2 weeks from the increase in block rewards.
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June 02, 2018, 05:47:51 PM
 #168

FUNDRAISING UPDATE

As mentioned last Sunday, our expectation was to hit the CryptoBridge listing fee by tomorrow and we've currently raised 0.985662303 BTC - so we're on track.

It's a little over 13 days until we hit the next phase in our rewards structure. As some may be aware, CryptoBridge offer fast and slow listings and we're going for the slower, 1 BTC, version. We will engage in initial discussions with CryptoBridge throughout next week with a view to paying the listing fee by end of week or early next week. That should see us listed at around the same time as rewards increase.

It'll also give us time to raise further listing fees - we'll surpass the CryptoBridge listing fee tomorrow and continue onward on our journey towards masternodes website listing fees and the fee for a backup exchange.
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June 02, 2018, 06:01:14 PM
 #169

For those of you unfamiliar with DRIP, we are using an alternative approach to the 'masternode sale' approach used by many coins.

A typical 'masternode sale' coin has an early sale of masternodes and, as a result, 85%+ of the coins remain in the hands of masternode investors from day 1. This is usually around 6 people and, in a lot of cases, the developers run off with funds raised before even paying for an exchange listing - or resort to listing on very poor quality exchanges where they, together with masternode investors, proceed with a co-ordinated dump of the coin before moving onto the next.

DRIP is different. We are not looking to raise as much bitcoin as possible as quickly as possible. We are looking to be truly decentralized and this requires a fair distribution of coins. The DRIP approach is to raise enough for listing fees needed to start off our coin - and no more. It is done using an approach that fairly distributes the coins among a wider audience. Instead of potential coin owners paying us bitcoin or mining our coins directly, they mine LUX or RVN and this, instead of masternode investors, funds our listing fees.

Our intention is to end up with approximately 200 miners mining RVN or LUX to DRIP-owned addresses by the time our funding round ends in a little under 2 weeks. These miners are currently receiving DRIP on a daily basis at a rate of 1.7 RVN = 1 DRIP or 1 LUX = 125 DRIP. They are also staking the coins and earning significant rewards.

If you'd like to join in, contact us privately with a DRIP address and we'll provide you with a linked RVN or LUX address to which you can mine using a pool of your choice.

As per the subject of this topic, our exchange listing fee is within hours of being fully funded (we're avoiding smaller exchanges and intend to start with CryptoBridge). The risk faced by our earliest miners of this goal not being achieved is a distant memory. When we're exchange listed, our miner funding program will stop. At that point, DRIP will be available on the exchange and Proof of Stake rewards will be increasing (at block 43,200).
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June 03, 2018, 06:10:10 PM
 #170

Todays payouts are complete. They were made at block 25,451 via the following transaction:

http://explorer.dripcoin.tech/tx/c74b676c1314406f112d068049451744fb7e4b29aa5d7669da6a97a84f92f716

As always, new miners are always welcome so please feel free to contact us if you'd like to join. We are now just 12 days from the increase in block rewards.
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June 03, 2018, 06:34:29 PM
 #171

Current funding via mining stands at 1.051403823 Bitcoin. In other words, we're done with CryptoBridge funding and just over 25% of the way through masternodes.online funding. I expect masternodes.online to be fully funded towards the middle of next week.
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June 03, 2018, 08:43:18 PM
 #172

Current funding via mining stands at 1.051403823 Bitcoin. In other words, we're done with CryptoBridge funding and just over 25% of the way through masternodes.online funding. I expect masternodes.online to be fully funded towards the middle of next week.
Wow, waiting for launch in Cryptobridge exchange Cheesy

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June 04, 2018, 06:42:34 AM
 #173

Current funding via mining stands at 1.051403823 Bitcoin. In other words, we're done with CryptoBridge funding and just over 25% of the way through masternodes.online funding. I expect masternodes.online to be fully funded towards the middle of next week.
Wow, waiting for launch in Cryptobridge exchange Cheesy

Thanks Maverik93, some interesting times ahead  Grin

CryptoBridge listing should be complete by next week (as we're not using their triple-priced fasttrack service). The masternodes listings websites should have us shortly after that - we'll be paying their fees very shortly after we've been listed on CryptoBridge.
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June 04, 2018, 07:49:46 AM
 #174

Current funding via mining stands at 1.051403823 Bitcoin. In other words, we're done with CryptoBridge funding and just over 25% of the way through masternodes.online funding. I expect masternodes.online to be fully funded towards the middle of next week.
Wow, waiting for launch in Cryptobridge exchange Cheesy

Thanks Maverik93, some interesting times ahead  Grin

CryptoBridge listing should be complete by next week (as we're not using their triple-priced fasttrack service). The masternodes listings websites should have us shortly after that - we'll be paying their fees very shortly after we've been listed on CryptoBridge.
Some great news Cheesy let do it! I like this project.

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June 04, 2018, 04:29:12 PM
 #175

A forum has been added to https://www.dripcoin.tech/ under the resources tab. There's no real need to join just yet as the primary purpose that the forum will serve is discussion of proposals put forward for masternode voting. With this in mind, forum activity will be low to start with and will grow as the masternode count grows.
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June 04, 2018, 04:57:57 PM
 #176

A forum has been added to https://www.dripcoin.tech/ under the resources tab. There's no real need to join just yet as the primary purpose that the forum will serve is discussion of proposals put forward for masternode voting. With this in mind, forum activity will be low to start with and will grow as the masternode count grows.
Hi, I joined in your forum. Let we know about your proposals. Time by time.

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June 04, 2018, 06:09:27 PM
 #177

A forum has been added to https://www.dripcoin.tech/ under the resources tab. There's no real need to join just yet as the primary purpose that the forum will serve is discussion of proposals put forward for masternode voting. With this in mind, forum activity will be low to start with and will grow as the masternode count grows.
Hi, I joined in your forum. Let we know about your proposals. Time by time.

Thanks Maverik93  Grin
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June 04, 2018, 06:10:19 PM
 #178

Todays payouts are complete. They were made at block 26,890 via the following transaction:

http://explorer.dripcoin.tech/tx/5aebd3b1f5177a6a3ae7950b2ef203a66449d8dd8fed49b02ec32d99726f64b7

As always, new miners are always welcome so please feel free to contact us if you'd like to join. We are now just 11 days from the increase in block rewards.
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June 04, 2018, 08:44:46 PM
 #179

Here is the new wallet look-and-feel that has just been posted on Discord for some community discussion. The overall theme has been changed from green to blue and the logo has been changed to that provided by coinwiz, one of our community members. The design has not been finalized as the community can still opt for one of the alternative designs.

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June 05, 2018, 05:49:48 AM
 #180

We are down to the final 10 days of mining. There's still plenty time to request a RVN or LUX address from the DRIP team so that you can mine and earn some DRIP to use for staking - with modest returns on staking for the next 10 days and significant returns for the following months.
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June 05, 2018, 08:11:03 PM
 #181

Todays payouts are complete. They were made at block 28,409 via the following transaction:

http://explorer.dripcoin.tech/tx/3d9aed5ae11ddc7bc5a92861997a7955e649fdb9a65983919475e725fda8bbd3

As always, new miners are always welcome so please feel free to contact us if you'd like to join. We are now just 10 days from the increase in block rewards.
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June 06, 2018, 06:14:32 AM
 #182

We are down to the final 9 days of mining. There's still plenty time to request a RVN or LUX address from the DRIP team so that you can mine and earn some DRIP to use for staking - with modest returns on staking for the next 9 days and significant returns for the following months.

Discussions have been initiated with CryptoBridge and a listing is imminent.  Grin
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June 06, 2018, 06:37:44 AM
 #183

For those of you querying input sizes for staking, the ideal size constantly evolves. However, if you look at the block explorer within the wallet, you'll see what size of input won each blocks staking reward.

Just select 'Tools > Blockchain Explorer'. For each block, you will see a transaction that has a certain sized input with an output that is equal to that amount plus 9 extra DRIP. This is the input that won the staking reward for that block.

For example, I can see that the size of the inputs for the last 15 blocks' stake reward winners was 418/905/779/363/644/409/445/1068/445/754/914/126/90/463/1068. With this information, personally, I'd probably choose an input size of 400-450.
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June 06, 2018, 09:15:53 AM
 #184

The roadmap section of our website has been updated:

https://www.dripcoin.tech/roadmap/

Fell free to contact us here, or on Discord, if you have any questions or concerns.
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June 06, 2018, 01:55:41 PM
 #185

We've just responded to all private messages on Discord requesting RVN and LUX addresses to which to mine. If you require a RVN or LUX address, feel free to contact us via private message - either here or on Discord.  Grin
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June 06, 2018, 06:29:17 PM
 #186

Today's payouts are complete. They were made at block 29,758 via the following transaction:

http://explorer.dripcoin.tech/tx/fd33a6aef412fe04244c54608fd432e0de7478cfd6ef6a9921e2cab4c8d83fe7

As always, new miners are always welcome so please feel free to contact us if you'd like to join. We are now just 9 days from the increase in block rewards and the end of mining.
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June 06, 2018, 07:38:00 PM
 #187

It's time for another funding update. Just over 98% of our funds received to date has been transferred to Bitcoin. Based on current market value of the other ~2%, our current funding stands at 1.199316886 BTC.

We have 74,060 coins left from the premine funds that were allocated to miner distributions. The distribution to miners today was 8,579. At it's current rate, we'll have enough coins to last us until Friday 15th. We'll provide a further update closer to the time as number of coins mined can fluctuate dramatically.

The reason we haven't achieved the 2 BTC target we set out for is that RVN dropped signficantly against Bitcoin over the past few weeks and we didn't change the ratio of DRIP to RVN (and actually increased the LUX ratio to 125-1).

That being said, fundraising is still a success. Our initial 2 BTC goal included a 10% buffer which, as it turns out, wasn't enough. However, we've already raised enough for CryptoBridge and masternodes.online. The further 0.1 BTC required for masternodes.pro should be reached towards the end of this week and next week will begin funding for the second exchange listing.
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June 06, 2018, 07:43:34 PM
 #188

Hello,

I WANT TO RESERVE PORTUGUESE TRANSLATIONS.

I'm going to do translation of:

A) LANGUAGE: PORTUGUESE

B) PREVIOUS WORKS:

CodeMail: https://bitcointalk.org/index.php?topic=4402024
CryptOcean: https://bitcointalk.org/index.php?topic=4419481.0
CryptOcean: https://bitcointalk.org/index.php?topic=4420272.0
CryptOcean: https://bitcointalk.org/index.php?topic=4420423
CryptOcean: https://docs.google.com/spreadsheets/d/1z9s1AP5qMkul53BSTy08IrJwNLL45bpUCRq627LQpJ8/edit?usp=sharing
Triwer: https://bitcointalk.org/index.php?topic=4428183

C) BITCOINTALK.ORG PROFILE:

https://bitcointalk.org/index.php?action=profile;u=2023060

D) BITCOINTALK USERNAME: MaracaCrypto

E) ERC-20 ADRESS: 0x11623D45c58c4b05893943cD8B37Dc371FeC690f

F) Telegram: @jonga1995

Thank You, waiting for confirmation.
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June 07, 2018, 12:30:29 AM
 #189

Initial contact has been made with masternodes.online - however, we need to be listed on CryptoBridge before we can move forward with a listing there.
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June 07, 2018, 06:15:50 AM
 #190

We are down to the final 8 days of mining. There's still plenty time to request a RVN or LUX address from the DRIP team so that you can mine and earn some DRIP to use for staking - with modest returns on staking for the next 8 days and significant returns for the following months.

Discussions have been initiated with CryptoBridge and Masternodes.online and listings are imminent.
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June 07, 2018, 06:11:43 PM
 #191

Today's payouts are complete. They were made at block 31,173 via the following transaction:

http://explorer.dripcoin.tech/tx/e78d339a3b09d009a8ffb45dbf462b59c771aeb6622e460d27be2e996915822c

As always, new miners are always welcome so please feel free to contact us if you'd like to join. We are now just 8 days from the increase in block rewards and the end of mining.
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June 08, 2018, 10:44:56 AM
 #192

We are down to the final 7 days of mining. There's still plenty time to request a RVN or LUX address from the DRIP team so that you can mine and earn some DRIP to use for staking - with modest returns on staking for the next 7 days and significant returns for the following months.

Discussions have been initiated with CryptoBridge and Masternodes.online. CryptoBridge have acknowledge receipt of our application and will be in touch soon.
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June 08, 2018, 07:13:06 PM
 #193

Today's payouts are complete. They were made at block 32,612 via the following transaction:

http://explorer.dripcoin.tech/tx/e0363e231e1de3c62f7d81952154235b998bc2c058a124e1e2791087c200ba6b

As always, new miners are always welcome so please feel free to contact us if you'd like to join. We are now just 7 days from the increase in block rewards and the end of mining.
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June 09, 2018, 07:32:45 AM
 #194

Hi DRIP, new wallet v1.0.2.3 seems to be faster than previous one, good job!

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June 09, 2018, 05:42:15 PM
 #195

Hi DRIP, new wallet v1.0.2.3 seems to be faster than previous one, good job!

Thanks Maverik93  Grin
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June 09, 2018, 05:43:13 PM
 #196

Today's payouts are complete. They were made at block 33,922 via the following transaction:

http://explorer.dripcoin.tech/tx/d724e08b6f9877c1c2d139cd90207ca775240d98968a7f9afd7d1c2a04a773f2

As always, new miners are always welcome so please feel free to contact us if you'd like to join. We are now just 6 days from the increase in block rewards and the end of mining.
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June 09, 2018, 05:53:46 PM
 #197

This project is very interesting. I will be investing and do start staking.

★ PRiVCY ➢✈✅[Bounty]✅[Airdrop]✈★
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June 10, 2018, 06:26:51 PM
 #198

Todays payouts are complete. They were made at block 35,470 via the following transaction:

http://explorer.dripcoin.tech/tx/f4df43f7c26169b8ef6c4aea9b520dc51a701f2312052d4bdc66b5dcbf00182e

As always, new miners are always welcome so please feel free to contact us if you'd like to join. We are now just 5 days from the increase in block rewards.
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June 10, 2018, 06:36:07 PM
 #199

In preparation for the huge increase in masternode rewards coming next week, here is a new Github repository with a masternode setup script. Please let us know if you need any further assistance.

https://github.com/DRIP-Project/vps
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June 10, 2018, 07:19:48 PM
 #200

As the panic seems to be setting in to secure DRIP at the, never to be seen again, miner program prices, today's coin distribution to miners was a record 11,568 DRIP and there are 35,568 coins left for distribution. It looks like demand is exceeding supply and we'll have to close the mining program early.

Please plan accordingly by starting to switch your miners to alternative coins on Tuesday or Wednesday.
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June 11, 2018, 06:19:42 PM
 #201

As the end to our mining program is fast approaching, we have just paid our listing fee for stocks.exchange and expect to be listed on Wednesday or Thursday. The intention was always for CryptoBridge first, then backup - but their current issues could not be predicted and we've got to deal with the hand we're dealt.

For those of you mining, there's still a little time left. For those of you looking for a high-return masternode, coins will be available in stocks.exchange. We estimate returns in the region of 35-40% daily beginning 15th June, before dropping back slowly towards more sustainable levels. The high returns during the initial months are required to ramp up circulating supply before we activate zerocoin (which requires doesn't work properly with low supply due to the accumulators available).
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June 11, 2018, 07:56:50 PM
 #202

Todays payouts are complete. They were made at block 36,984 via the following transaction:

http://explorer.dripcoin.tech/tx/a8ebc2b4950af69bcc6ebff36873f3a76ca1527fcb638ce4ad77d79ff6933d1c

High demand has forced us to close the mining program early - last payout now scheduled for this Wednesday. After that, we'll be available for purchase on stocks.exchange - and block rewards will be increasing on Friday for both stakers and masternodes.
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June 11, 2018, 10:23:32 PM
 #203

Smiley Now that it is LIVE, there are even more reasons to support DRIP. Kind of makes you want to DM all the naysayers that have been talking about this project's "bleak" future.
Good luck to the DRIP team and all the DRIP supporters out there Smiley

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June 12, 2018, 12:21:38 PM
 #204

Smiley Now that it is LIVE, there are even more reasons to support DRIP. Kind of makes you want to DM all the naysayers that have been talking about this project's "bleak" future.
Good luck to the DRIP team and all the DRIP supporters out there Smiley


To be honest, I've not come across many people with bad comments about DRIP. I've been waiting for the typical FUD spreaders you see on most Discords on our group but there's been nothing of note to date. To be honest, a review of our block rewards on Github, our method of funding, our distribution of coins to miners, our transparency with regards to spending of funds and our plans for the future all mean that we'll be able to shoot down any FUD without a problem.
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June 12, 2018, 06:24:01 PM
 #205

https://masternodes.pro/coming_soon

As you'll see above, DRIP has fully paid the listing fee for masternodes.pro. We cannot proceed with masternodes.online until the exchange listing is complete - which should be within 24 hours.
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June 12, 2018, 07:38:26 PM
 #206

Todays payouts are complete. They were made at block 38,350 via the following transaction:

http://explorer.dripcoin.tech/tx/45de29f86c2cc7af373132ea978e745317b799903def5a004e0f865109132bb9

High demand has forced us to close the mining program early - last payout now scheduled for tomorrow. After that, we'll be available for purchase on stocks.exchange - and block rewards will be increasing on Friday/Saturday (depending on your timezone) for both stakers and masternodes.
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June 14, 2018, 10:33:48 AM
 #207

DRIP has successfully tested deposits and withdrawals on http://stocks.exchange . We are now awaiting them to finish work on creating the DRIP/BTC trading pair. Our listing is imminent and DRIP will be available to trade well in advance of our block rewards increase (block 43,200).
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June 14, 2018, 10:52:16 AM
 #208

DRIP has successfully tested deposits and withdrawals on http://stocks.exchange . We are now awaiting them to finish work on creating the DRIP/BTC trading pair. Our listing is imminent and DRIP will be available to trade well in advance of our block rewards increase (block 43,200).
Hi DRIP, I don't know how stocks.exchange works. I preferred cryptobridge, but an exchange is better than nothing. Have you any idea about listing price?

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June 14, 2018, 02:13:46 PM
 #209

DRIP has successfully tested deposits and withdrawals on http://stocks.exchange . We are now awaiting them to finish work on creating the DRIP/BTC trading pair. Our listing is imminent and DRIP will be available to trade well in advance of our block rewards increase (block 43,200).
Hi DRIP, I don't know how stocks.exchange works. I preferred cryptobridge, but an exchange is better than nothing. Have you any idea about listing price?

CryptoBridge was our first choice and we had applied but they faced major issues during the past 7-10 days that were outside our control. We had to go with an alternative for now - but more exchanges will be coming. Regarding listing price - our listing is now live Grin
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June 14, 2018, 02:14:59 PM
 #210


  • Are you a miner needing to sell some DRIP to fund your electricity bill?
  • Are you looking for the passive income of a DRIP masternode but needing to buy some DRIP to cover the collateral shortfall?
  • Well head on over to our exchange where trading is now live.

https://stocks.exchange/trade/DRIP/BTC
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June 14, 2018, 02:46:25 PM
 #211


  • Are you a miner needing to sell some DRIP to fund your electricity bill?
  • Are you looking for the passive income of a DRIP masternode but needing to buy some DRIP to cover the collateral shortfall?
  • Well head on over to our exchange where trading is now live.

https://stocks.exchange/trade/DRIP/BTC
Finally Cheesy Will be available a ETH/DRIP pair on this exchange? I would like to improve my wallet  Roll Eyes

http://www.arBITAO.com
      THE NEW WAY OF ARBITRAGE TRADING     
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June 14, 2018, 03:23:12 PM
 #212


  • Are you a miner needing to sell some DRIP to fund your electricity bill?
  • Are you looking for the passive income of a DRIP masternode but needing to buy some DRIP to cover the collateral shortfall?
  • Well head on over to our exchange where trading is now live.

https://stocks.exchange/trade/DRIP/BTC
Finally Cheesy Will be available a ETH/DRIP pair on this exchange? I would like to improve my wallet  Roll Eyes

Only DRIP/BTC will be available on this exchange. We decided against the ETH pairing as the 0.5 BTC cost is better kept for bigger exchange listings in the near future.

We'll probably add other pairings on the larger exchanges but we expect little to no volume on stocks.exchange when we eventually list with Cryptopia, or similar, later this year.
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June 14, 2018, 03:31:40 PM
 #213


Only DRIP/BTC will be available on this exchange. We decided against the ETH pairing as the 0.5 BTC cost is better kept for bigger exchange listings in the near future.

We'll probably add other pairings on the larger exchanges but we expect little to no volume on stocks.exchange when we eventually list with Cryptopia, or similar, later this year.
Good choice! Waiting for few volume on this exchange. I'm trying to buy some DRIPs at lowest price Cheesy

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June 14, 2018, 03:38:37 PM
 #214

I hope this business gets a great advance. Sensible vision, flawless plan, engaging idea!
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June 15, 2018, 10:34:59 AM
 #215

Both http://masternodes.online  and http://masternodes.pro listings are paid for and being processed by the respective teams. We are now less than 18 hours away from the block reward increases.
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June 15, 2018, 12:49:48 PM
 #216

well done drip team!
Fast growing and very active thats what the community wanna see! Keep up the good work Wink
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June 15, 2018, 01:03:16 PM
 #217

Their idea is quite attractive in my opinion! Impeccably project, conversant approach!  Good luck all!
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June 15, 2018, 03:31:47 PM
 #218

Both http://masternodes.online  and http://masternodes.pro listings are paid for and being processed by the respective teams. We are now less than 18 hours away from the block reward increases.
Good job! Waiting for block reward increases, now staking rewards are lesser than first period.
P.s. few buy orders was filled!

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June 16, 2018, 05:18:28 AM
 #219

Welcome to the next phase in the growth of DRIP. The block reward has now shifted from 11 DRIP to 151 DRIP and masternode rewards from 10% to ~50%.

As stated previously, the reason for the requirement for a sizable block reward increase is that DRIP's privacy protocol is based on zerocoin. For some technical reasons that revolve around the accumulator sizes available with zDRIP, the privacy aspect of DRIP requires a reasonably high circulating supply to work at it's best. The coming months will allow for this required supply growth.

The current supply is 792,145 coins and the seesaw algorithm operates by attempting to have a number of masternodes on the network that lock 41.5% of rewards to masternodes. At the present supply, this would require 328,740  locked to masternodes - or 32 masternodes, moving to 33 soon. Therefore, block rewards are currently 'seesawing' between being higher for masternodes and being higher from stakers - as we currently have exactly 33 masternodes. The number of masternodes required for a 50/50 split will continue to increase as time progresses.

 Congratulations to all our early investors, good luck and, as always, don't hesitate to contact the team with any questions!
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June 16, 2018, 06:02:39 AM
 #220

Congratulations on a flawless switch to increased block rewards:)
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June 16, 2018, 06:55:04 AM
 #221

Congratulations on a flawless switch to increased block rewards:)

Thanks janarel  Grin
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June 16, 2018, 07:39:50 AM
 #222

Welcome to the next phase in the growth of DRIP. The block reward has now shifted from 11 DRIP to 151 DRIP and masternode rewards from 10% to ~50%.

As stated previously, the reason for the requirement for a sizable block reward increase is that DRIP's privacy protocol is based on zerocoin. For some technical reasons that revolve around the accumulator sizes available with zDRIP, the privacy aspect of DRIP requires a reasonably high circulating supply to work at it's best. The coming months will allow for this required supply growth.

The current supply is 792,145 coins and the seesaw algorithm operates by attempting to have a number of masternodes on the network that lock 41.5% of rewards to masternodes. At the present supply, this would require 328,740  locked to masternodes - or 32 masternodes, moving to 33 soon. Therefore, block rewards are currently 'seesawing' between being higher for masternodes and being higher from stakers - as we currently have exactly 33 masternodes. The number of masternodes required for a 50/50 split will continue to increase as time progresses.

 Congratulations to all our early investors, good luck and, as always, don't hesitate to contact the team with any questions!
Hi DRIP, finally we reached the first goal. I hope this project will continue on its way, waiting for new block reward on my wallet.

http://www.arBITAO.com
      THE NEW WAY OF ARBITRAGE TRADING     
[          PRE-SALE starts on July 1st          ]
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June 16, 2018, 11:57:00 AM
 #223

Welcome to the next phase in the growth of DRIP. The block reward has now shifted from 11 DRIP to 151 DRIP and masternode rewards from 10% to ~50%.

As stated previously, the reason for the requirement for a sizable block reward increase is that DRIP's privacy protocol is based on zerocoin. For some technical reasons that revolve around the accumulator sizes available with zDRIP, the privacy aspect of DRIP requires a reasonably high circulating supply to work at it's best. The coming months will allow for this required supply growth.

The current supply is 792,145 coins and the seesaw algorithm operates by attempting to have a number of masternodes on the network that lock 41.5% of rewards to masternodes. At the present supply, this would require 328,740  locked to masternodes - or 32 masternodes, moving to 33 soon. Therefore, block rewards are currently 'seesawing' between being higher for masternodes and being higher from stakers - as we currently have exactly 33 masternodes. The number of masternodes required for a 50/50 split will continue to increase as time progresses.

 Congratulations to all our early investors, good luck and, as always, don't hesitate to contact the team with any questions!
Hi DRIP, finally we reached the first goal. I hope this project will continue on its way, waiting for new block reward on my wallet.

You should have a few at this point. Thanks for your support and for joining us on this journey Maverik93.
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June 16, 2018, 03:50:51 PM
 #224

Looking for a masternode investment with an excellent product and astronomical returns for the early adopter? How does 6,000% sound? Well look no further. DRIP - now listed on masternodes.pro

https://masternodes.pro/stats/drip/statistics


To purchase DRIP, head on over to stocks.exchange:

https://stocks.exchange/trade/DRIP/BTC
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June 17, 2018, 06:26:28 AM
 #225

DRIP is now listed on Delta app - for easy portfolio tracking:

https://getdelta.io/
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June 17, 2018, 07:13:28 AM
 #226

DRIP is now listed on Delta app - for easy portfolio tracking:

https://getdelta.io/

Thanks to few users in your community, I finally setted up my first MN. Huge rewards are coming Cheesy

http://www.arBITAO.com
      THE NEW WAY OF ARBITRAGE TRADING     
[          PRE-SALE starts on July 1st          ]
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June 17, 2018, 12:23:04 PM
 #227

DRIP is now listed on Delta app - for easy portfolio tracking:

https://getdelta.io/

Thanks to few users in your community, I finally setted up my first MN. Huge rewards are coming Cheesy

Thanks Maverik93. The Discord community really are a helpful group of people. Let us know if you need any assistance with anything.
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June 17, 2018, 09:30:13 PM
 #228

So now that the first phase is over, if you're new to the coin what are your options for getting in? Is mining no longer possible, is the exchange the only way in now? Thanks..

★ PRiVCY ➢ Own Your Privacy! ➢ Best privacy crypto-market! ★
✈✈✈[PoW/PoS]✅[Tor]✅[Airdrop]✈✈✈ (https://privcy.io/)
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June 18, 2018, 06:50:33 AM
 #229

So now that the first phase is over, if you're new to the coin what are your options for getting in? Is mining no longer possible, is the exchange the only way in now? Thanks..
Exchange is the only way for you at this moment. On stocks.exchange you will find few sell orders at good price imho.

http://www.arBITAO.com
      THE NEW WAY OF ARBITRAGE TRADING     
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June 18, 2018, 03:30:58 PM
 #230

Dimple444, please save shilling your coin for your own thread. You obviously haven't researched DRIP and your post history is just a copy/paste of the above message to the BTT ANN of many different coins.

A brief look on your Discord shows the most recent message from devs as:

"someone dumped 5000FGC on CB for $0.13 each , I don't see the point"

In relation to buying or selling DRIP, we are the polar opposite. Our developers have been asking our community to please sell DRIP as too many are HODL'ing and there aren't enough sellers to satisfy demand. At the time we put out that request, there were only 3,662 out of 1,275,345 coins up for sale.

The above information should say it all without silly shill messages with large red fonts sent by developers trying to pull in new investors to a dying project. If it doesn't a quick look at the Fantasy Gold Coin price chart below shows why you are having to resort to these measures for your coin.

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June 18, 2018, 03:44:51 PM
 #231

Whilst our intention has always been a CryptoBridge listing first, then a backup exchange at these levels before moving to higher-tier exchanges later this year, the recent CryptoBridge issues forced a change in approach and we listed on https://stocks.exchange/trade/DRIP/BTC first instead.

The only reason we haven't been prioritizing the CryptoBridge listing in recent days is that we truly believe that monitoring their situation and resolution of the issues that they have faced is the prudent decision. There still appears to be reports of some BTC withdrawal issues and we are constantly monitoring their support channel as well as that of some of the larger coins that use CryptoBridge as their primary exchange.

Further updates will be coming soon.
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June 18, 2018, 04:19:32 PM
 #232

After these non-stop launch of high ROI ponzi MN, there is no option left but to aware people. I have posted the same message on High ROI MN thread because they are most dangerous for gullible investors.

And your comment about FGC as dying project tells me everything about you. Someone who hasn't any clue about what he is talking!!


Dimple444, please save shilling your coin for your own thread. You obviously haven't researched DRIP and your post history is just a copy/paste of the above message to the BTT ANN of many different coins.

A brief look on your Discord shows the most recent message from devs as:

"someone dumped 5000FGC on CB for $0.13 each , I don't see the point"

In relation to buying or selling DRIP, we are the polar opposite. Our developers have been asking our community to please sell DRIP as too many are HODL'ing and there aren't enough sellers to satisfy demand. At the time we put out that request, there were only 3,662 out of 1,275,345 coins up for sale.

The above information should say it all without silly shill messages with large red fonts sent by developers trying to pull in new investors to a dying project. If it doesn't a quick look at the Fantasy Gold Coin price chart below shows why you are having to resort to these measures for your coin.



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June 18, 2018, 06:20:59 PM
 #233

After these non-stop launch of high ROI ponzi MN, there is no option left but to aware people. I have posted the same message on High ROI MN thread because they are most dangerous for gullible investors.

And your comment about FGC as dying project tells me everything about you. Someone who hasn't any clue about what he is talking!!


Dimple444, please save shilling your coin for your own thread. You obviously haven't researched DRIP and your post history is just a copy/paste of the above message to the BTT ANN of many different coins.

A brief look on your Discord shows the most recent message from devs as:

"someone dumped 5000FGC on CB for $0.13 each , I don't see the point"

In relation to buying or selling DRIP, we are the polar opposite. Our developers have been asking our community to please sell DRIP as too many are HODL'ing and there aren't enough sellers to satisfy demand. At the time we put out that request, there were only 3,662 out of 1,275,345 coins up for sale.

The above information should say it all without silly shill messages with large red fonts sent by developers trying to pull in new investors to a dying project. If it doesn't a quick look at the Fantasy Gold Coin price chart below shows why you are having to resort to these measures for your coin.




I think you are a spammer, what else? You shouldn't post in few thread the same message, you are a Jr. Member like me and too many other people, I can't believe you.

http://www.arBITAO.com
      THE NEW WAY OF ARBITRAGE TRADING     
[          PRE-SALE starts on July 1st          ]
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Today at 09:38:56 AM
 #234

As can be seen from our updated https://www.dripcoin.tech/roadmap/, our second exchange listing is fully funded from the DRIP budget (the last 10% of effort is the getting listed ). We expect a listing to happen in the very, very near future.

The initial surge in masternode setup support via DM seems to have subsided - many of DRIP masternodes are operated by those new to masternodes due to our policy of no masternode presales (which would have had the usual masternode investors own 95%+ of our masternodes). We expect to need to provide continued support but, with 67 masternodes in operation, there are also a lot of current owners now able to help out.

The reduction in this support work means that we now have the opportunity to move onto the next item on our roadmap - the Android app. The Android app is taking priority over the iOS app as Apple have constantly changing rules regarding acceptance of apps into the iOS store and they currently don't appear to like how an app is to be coded if it is to be truly decentralized (they like the locked down, centralized approach). We will complete the Android app first and, at that point, will relook at the Apple policy with regards to cryptocurrency apps at that time - which will, undoubtedly, differ from week-to-week.
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