[ANN] [CHC] Chaincoin - Network Upgrade 16.3 - SegWit Activated

[Th3End]

and here is the richlist: http://104.238.153.140:3001/richlist

almost 60% of all coins are owned by the top 25 adresses, make up your own mind if that's good or bad..

in some videos max said that the 'hodl-gang' owns most of the coins, do you still believe in this now? Discuss!

[Th3End]

one more thing: this coin has nothing to do with DASH, it's a fork of Zetacoin.
Dont always believe everything you hear, do your own research please!

[notbatman]

@pr0fess0r,

   What are your thoughts on a decentralized VM perhaps with Perl script?

[SlowGrowth]

Hey guys it seems im completly lost on this one... can someone explain to me why all of a sudden a 3 year old coin starts getting huge traction behind it? Any special improvements, business relations or anything besides pure hype? Thanks for the info

It is a master node coin and like all master node coins they have been pushing higher in price but this was the most under valued with low supply and low inflation.

Master Node Coins (That I know of)
DASH, PVIX, CRW,  CHC, TX, BSD, VGS, MUE, AMS, CRAVE, iCASH and Vcash

Switching over to master node
DMD and TRC

Get coins lock them into a master node and then sell you master node rewards for the next few years.  Over time you will recover what every you paid plus you can still sell your coins when you want to stop uses your master node.


Edit: One thing about CHC is you can run multiple master nodes per ip address and they is why you can buy lots up and setup all of your coins into master node where the others you can only setup one master node per IP address.

Thank you for your answer mate... Is there any team still developing this coin? I understand the appeal of a MasterNode but doesnt this coin has them for a long time? Or is this a new feature implemented? If it has the MasterNodes for 3 years now, and has no dev team behind it, improving code, developing new features ( trying to stay competitive in this tech world ) what makes you think that this coin will gain value over time to compensate the risk your putting in? thanks again for your time

[TimC]

Hey guys it seems im completly lost on this one... can someone explain to me why all of a sudden a 3 year old coin starts getting huge traction behind it? Any special improvements, business relations or anything besides pure hype? Thanks for the info

It is a master node coin and like all master node coins they have been pushing higher in price but this was the most under valued with low supply and low inflation.

Master Node Coins (That I know of)
DASH, PVIX, CRW,  CHC, TX, BSD, VGS, MUE, AMS, CRAVE, iCASH and Vcash

Switching over to master node
DMD and TRC

Get coins lock them into a master node and then sell you master node rewards for the next few years.  Over time you will recover what every you paid plus you can still sell your coins when you want to stop uses your master node.


Edit: One thing about CHC is you can run multiple master nodes per ip address and they is why you can buy lots up and setup all of your coins into master node where the others you can only setup one master node per IP address.

Thank you for your answer mate... Is there any team still developing this coin? I understand the appeal of a MasterNode but doesnt this coin has them for a long time? Or is this a new feature implemented? If it has the MasterNodes for 3 years now, and has no dev team behind it, improving code, developing new features ( trying to stay competitive in this tech world ) what makes you think that this coin will gain value over time to compensate the risk your putting in? thanks again for your time

CHC added master nodes a few months after DASH added master node. It was about the same time frame most of the master node coins were popping up/switching over. CHC was just unnoticed and not hyped.  When they first added master node to CHC I was one of four that were running the master node for several months before others started jumping on board.

Edit: I started my first CHC master node on 2/24/2016 and about a week before is when CHC was updated to have master nodes.

Lately some Advanced HODL tech was added so people are holding what they can. (A group of holders saying only sell your master node rewards and two or three youtubers are also saying HODL and only sell the rewards.)

[Temporel]

does anyone mining c11 with ccminer alexis-1.0 ？

I run it on 6x1070 rig gives me :

invalid argument
does not validate on cpu

and the same problem with my 1x1080Ti...

My 1070 rig driver is 382.05...

I have checked the c11 benchs on yiimp, a lot of people is using ccminer alexis-1.0.

needs help...

Thanks...

I use the alexis mod but not the 1.0 version. I use it with latest Nvidia drivers (384.76) and I get 29 to 30MH/s on my 4 cards for a total of 118-120 MH/s

[zealox]

Anyone got the CPU Miner link?

[phuckit17]

So after being told to go drink cyanide yesterday,
 I went to the US Treasury site read the rules and definitions of MSB and BSA ,AML and so on. I can now tell you 100% for sure If you run a Master node for any coin you become a "Money Transmitter" and are required under US law to Register with dept of Treasury and there's a buttload of reporting you have to do on your node's activity going forward. And that's at the Very least, You are opening yourself up to unknown risks of users of the node and what they are doing with the funds.
 My Financial advisor(She) was right.
   Now you may never get caught and more power to ya..

[michaelai3]

and here is the richlist: http://104.238.153.140:3001/richlist

almost 60% of all coins are owned by the top 25 adresses, make up your own mind if that's good or bad..

in some videos max said that the 'hodl-gang' owns most of the coins, do you still believe in this now? Discuss!

Wow , I run the master nodes and yet admins remove me from chat thanks , Guess ill just sell now and forget about ungrateful ppl , thanks for the 5 btc chaincoin

Hahaha, "movement of the people!!!"

[bulleteyedk]

and here is the richlist: http://104.238.153.140:3001/richlist

almost 60% of all coins are owned by the top 25 adresses, make up your own mind if that's good or bad..

in some videos max said that the 'hodl-gang' owns most of the coins, do you still believe in this now? Discuss!

Coins no longer in circulation:
#1 on the list with 13.49% (approx 2mill. coins) is burned coins that never return in circulation

Coins still in circulation:
#5 on the list with 2.64 % (approx 400.000 coins) aquired the last coin 2 years ago
#6 on the list with 2.07 % (approx 310.000 coins) quired the last coin 3 years ago
#8 on the list with 1.74 % (approx 260.000 coins) aquired the last coin 2½ years ago
#9 on the list with 1.67 % (approx 250.000 coins) aquired the last coin 1 year ago
#11 on the list with 1.45 % (approx 218.000 coins) aquired the last coin 1 year ago
#15 on the list with 1.00 % (approx 149.000 coins) aquired the last coin 3 years ago
#17 on the list with 0.76 % (approx 114.000 coins) aquired the last coin 1 year ago
#18 on the list with 0.72 % (approx 107.000 coins) aquired the last coin 3 years ago
#20 on the list with 0.64 % (approx 95.000 coins) aquired the last coin 3 years ago

All of the above #2 -> #20 are most likely not active in the HODL community and yet they together hold 12.64% (approx 1.9mill coins)

Turn that around... out of top 25, a number of 15 have been active in 2017 aquiring coins, and those could more than likely be part of the HODL community.

These 15 persons sit's on 32,7 % (approx 4.9 mill coins)

All of the above could be melted down to this:

32.7 % coins are most likely held by HODL'ers
13.49 % coins are burned and out of circulation
12.64 % coins are in wallets that have not been touched for a long time
39 % coins spread between wallets containing less than 80.000 coins
2 % not mentioned

[notbatman]

and here is the richlist: http://104.238.153.140:3001/richlist

almost 60% of all coins are owned by the top 25 adresses, make up your own mind if that's good or bad..

in some videos max said that the 'hodl-gang' owns most of the coins, do you still believe in this now? Discuss!

Coins no longer in circulation:
#1 on the list with 13.49% (approx 2mill. coins) is burned coins that never return in circulation

Coins still in circulation:
#5 on the list with 2.64 % (approx 400.000 coins) aquired the last coin 2 years ago
#6 on the list with 2.07 % (approx 310.000 coins) quired the last coin 3 years ago
#8 on the list with 1.74 % (approx 260.000 coins) aquired the last coin 2½ years ago
#9 on the list with 1.67 % (approx 250.000 coins) aquired the last coin 1 year ago
#11 on the list with 1.45 % (approx 218.000 coins) aquired the last coin 1 year ago
#15 on the list with 1.00 % (approx 149.000 coins) aquired the last coin 3 years ago
#17 on the list with 0.76 % (approx 114.000 coins) aquired the last coin 1 year ago
#18 on the list with 0.72 % (approx 107.000 coins) aquired the last coin 3 years ago
#20 on the list with 0.64 % (approx 95.000 coins) aquired the last coin 3 years ago

All of the above #2 -> #20 are most likely not active in the HODL community and yet they together hold 12.64% (approx 1.9mill coins)

Turn that around... out of top 25, a number of 15 have been active in 2017 aquiring coins, and those could more than likely be part of the HODL community.

These 15 persons sit's on 32,7 % (approx 4.9 mill coins)

All of the above could be melted down to this:

32.7 % coins are most likely held by HODL'ers
13.49 % coins are burned and out of circulation
12.64 % coins are in wallets that have not been touched for a long time
39 % coins spread between wallets containing less than 80.000 coins
2 % not mentioned

^^^ Great analysis!  

[joncoinsnow]

and here is the richlist: http://104.238.153.140:3001/richlist

almost 60% of all coins are owned by the top 25 adresses, make up your own mind if that's good or bad..

in some videos max said that the 'hodl-gang' owns most of the coins, do you still believe in this now? Discuss!

Coins no longer in circulation:
#1 on the list with 13.49% (approx 2mill. coins) is burned coins that never return in circulation

Coins still in circulation:
#5 on the list with 2.64 % (approx 400.000 coins) aquired the last coin 2 years ago
#6 on the list with 2.07 % (approx 310.000 coins) quired the last coin 3 years ago
#8 on the list with 1.74 % (approx 260.000 coins) aquired the last coin 2½ years ago
#9 on the list with 1.67 % (approx 250.000 coins) aquired the last coin 1 year ago
#11 on the list with 1.45 % (approx 218.000 coins) aquired the last coin 1 year ago
#15 on the list with 1.00 % (approx 149.000 coins) aquired the last coin 3 years ago
#17 on the list with 0.76 % (approx 114.000 coins) aquired the last coin 1 year ago
#18 on the list with 0.72 % (approx 107.000 coins) aquired the last coin 3 years ago
#20 on the list with 0.64 % (approx 95.000 coins) aquired the last coin 3 years ago

All of the above #2 -> #20 are most likely not active in the HODL community and yet they together hold 12.64% (approx 1.9mill coins)

Turn that around... out of top 25, a number of 15 have been active in 2017 aquiring coins, and those could more than likely be part of the HODL community.

These 15 persons sit's on 32,7 % (approx 4.9 mill coins)

All of the above could be melted down to this:

32.7 % coins are most likely held by HODL'ers
13.49 % coins are burned and out of circulation
12.64 % coins are in wallets that have not been touched for a long time
39 % coins spread between wallets containing less than 80.000 coins
2 % not mentioned

^^^ Great analysis!  

My head hurts.. woahhh

[TimC]

and here is the richlist: http://104.238.153.140:3001/richlist

almost 60% of all coins are owned by the top 25 adresses, make up your own mind if that's good or bad..

in some videos max said that the 'hodl-gang' owns most of the coins, do you still believe in this now? Discuss!

Coins no longer in circulation:
#1 on the list with 13.49% (approx 2mill. coins) is burned coins that never return in circulation

Coins still in circulation:
#5 on the list with 2.64 % (approx 400.000 coins) aquired the last coin 2 years ago
#6 on the list with 2.07 % (approx 310.000 coins) quired the last coin 3 years ago
#8 on the list with 1.74 % (approx 260.000 coins) aquired the last coin 2½ years ago
#9 on the list with 1.67 % (approx 250.000 coins) aquired the last coin 1 year ago
#11 on the list with 1.45 % (approx 218.000 coins) aquired the last coin 1 year ago
#15 on the list with 1.00 % (approx 149.000 coins) aquired the last coin 3 years ago
#17 on the list with 0.76 % (approx 114.000 coins) aquired the last coin 1 year ago
#18 on the list with 0.72 % (approx 107.000 coins) aquired the last coin 3 years ago
#20 on the list with 0.64 % (approx 95.000 coins) aquired the last coin 3 years ago

All of the above #2 -> #20 are most likely not active in the HODL community and yet they together hold 12.64% (approx 1.9mill coins)

Turn that around... out of top 25, a number of 15 have been active in 2017 aquiring coins, and those could more than likely be part of the HODL community.

These 15 persons sit's on 32,7 % (approx 4.9 mill coins)

All of the above could be melted down to this:

32.7 % coins are most likely held by HODL'ers
13.49 % coins are burned and out of circulation
12.64 % coins are in wallets that have not been touched for a long time
39 % coins spread between wallets containing less than 80.000 coins
2 % not mentioned

CHC LOCKED IN MASTERNODES
1,658,000 (11.02%)

[amishpancake]

I finally bought myself a MN. Its up and running now on linux via Vultr. How do I backup my wallet.dat on the linux server so that I can put it on a memory stick?

[btctube]

What can this coin do for a holder of it?
It suddenly being pumped and out of nowhere it appears on the top 100 list on coinmarketcap. Of all coin to pump, what special about this coin among the rest that can also be mined by GPU?

[LifeOfDoge]

What can this coin do for a holder of it?
It suddenly being pumped and out of nowhere it appears on the top 100 list on coinmarketcap. Of all coin to pump, what special about this coin among the rest that can also be mined by GPU?

if you get masternode you can get 1-2 coins per day

[popanz]

Hello,

I just started to set up a masternode and have a few questions....
(I have used the video guide for a Masternode on Linux at Vultr.com plus the PDF guide from http://www.chaincoin.org/how-to-set-up-masternodes/ for it.)


### General ChainCoin stuff:

1) Is there somewhere a ChainCoin forum or mailing list, where you can find/share help?
Couldn't find anything like that so far, just few single threads in different forums.
...And chaincointeam.slack.com, but that's more a chat stream, not structured or usable to look up previous issues.

2) Is there a FAQ or knowledgebase about ChainCoin and CHC-masternodes somewhere?

3) How do you withdraw chaincoins from a paper wallet / private key?
Usually you can use the currency's desktop or mobile wallet app of this.
But chaincoin doesn't have a mobile wallet app and the desktop wallet doesn't offer a private key input, not even for the key text code.



### ChainCoin masternode related:

4) I've got the masternode setup until the step, where you have to transfer the 1000 coins to it.
This seems bit scary to me, because (from my experience with other linux server software) there are chances that something maybe won't work.
If I realize, that the server (or some functions of it) is not working and I maybe have to repeat the whole installation, is there any chance to get back the 1000 coins from the server without relying on a working server software?

5) The command "chaincoind masternode genkey" creates the masternode wallet private key, which you can use to withdraw the 1000 coins deposit away from the masternode wallet?
This is quite confusing to me, because the command "chaincoind getaccountaddress 0" to get a public key is used before generating the private key.
In my understanding you first need to generate a private key, and then you can derive public keys out of it, not the other way around.
What's wrong with my understanding, or is the mentioned private key not really the wallet key?

6) If the mentioned private key, which is stored at "masternodeprivkey" in ~/.chaincoin/chaincoin.conf is actually the wallet private key, then a hacker could withdraw the deposit if he gets access to chaincoin.conf (on the server or in a backup elsewhere)?
There is not an additional precaution for extra protection, e.g. encryption of the key or file?

7) Are there any other files, which need special protection, especially as part of a backup?

8) The PDF Guide says: "You MUST backup your wallet.dat regularly! Make a plan to back it up to your computer or somewhere secure outside of Vultr.com".
In my understanding there shouldn't be any data which is changing by the time and can't be reconstructed out of the blockchain.
Just the wallet private key (which stays constant) needs to be securely saved, but not on a regular base.
What's wrong with my understanding?

9) Are there any other files or folders, which need regular backup then?

Thanks for answers,
Popanz

[NetTime]

I finally bought myself a MN. Its up and running now on linux via Vultr. How do I backup my wallet.dat on the linux server so that I can put it on a memory stick?

Connect to your masternode with WinSCP, copy wallet.dat.

[mark.goodbye]

Can anyone please tell me, if I make a masternode, does it depends number of coins in a wallet for a reward? Or all masternodes receive reward the same?

[oldcoinguru]

What can this coin do for a holder of it?
It suddenly being pumped and out of nowhere it appears on the top 100 list on coinmarketcap. Of all coin to pump, what special about this coin among the rest that can also be mined by GPU?

What can almost all of the coins out there do for you?