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Author Topic: [ANN][RDD] Reddcoin The Social Currency [PoSV] Electrum Wallet 1.0.2  (Read 684353 times)
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September 14, 2014, 02:47:51 AM
 #4521

I didnt even realise it was POS now, I just bought some to use on Reddybet which is a great site.   I'll send some of my winnings back to my wallet if there is interest.  I mined Redd ages ago, what % is it currently

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September 14, 2014, 02:50:18 AM
 #4522

well I have over 1 million reddcoin and have only minted once. 174 coins was my reward and I stake 24/7 on my alt system. PoSV works like a weighted lotto system coin age + Stake = reward. 1200 - 1800 coins minted a day, I am not sure how you are staking that much because the system is designed to pay ~5% annually on staked aged coins. If we consider the amount of coins you have and the rate you are staking you are gaining ~45-60% interest annually at a profit of roughly 500,000 coins. I think someone maybe exaggerating a bit. considering the coins are supposed to lower the reward amount every time a coin stakes and is rewarded for a balanced economy.
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September 14, 2014, 09:15:23 AM
 #4523

I have a little over 1200000 redd and I get about 1400 - 1800 redd a day. Does that seem right?
what the heck! you see cash flow daily?! my wallet is showing my expected time to earn is 7 days! I had the computer turned off for more than a month. I did not know I had to keep it running 24/7.

just keep running that and don't move your redds it will mint more new coins
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September 14, 2014, 08:34:17 PM
 #4524

Have been staking ~160,000 rdd's for the past 7 days and still have yet to receive my first payout :/

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September 15, 2014, 04:56:33 PM
 #4525

Yes I understand that from some other coins that do it as well.
It is a great feature indeed.  Cool
Is this normal though it has been running nonstop.  Still not staking the other wallet before it messed up would say staking after it sync'd.


What wallet is this?  I like that it shows the conversion rates and estimated value right on it.  Its the first I've ever seen anything like this. 


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September 15, 2014, 05:02:21 PM
 #4526

It is the Social Wallet.
It has some fun features I am just exploring now.
The wallet is right on the Reddcoin website.  Smiley

Yes I understand that from some other coins that do it as well.
It is a great feature indeed.  Cool
Is this normal though it has been running nonstop.  Still not staking the other wallet before it messed up would say staking after it sync'd.


What wallet is this?  I like that it shows the conversion rates and estimated value right on it.  Its the first I've ever seen anything like this. 

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September 15, 2014, 05:52:36 PM
 #4527

It is the Social Wallet.
It has some fun features I am just exploring now.
The wallet is right on the Reddcoin website.  Smiley

I just updated my wallet the other day and I completely missed it.  Smiley

It stink it needs to download the entire blockchain again.  I would have been nice if it could use the one already downloaded for QT and use the same addresses.  I take it I'll need to import my existing address from QT to the social wallet, if I want to use them?


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September 15, 2014, 05:59:37 PM
 #4528

I wonder how 'decentralized' coins are that are stored on social media accounts. If the server goes would all coins be gone too?
Anyone knows?



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bigreddmachine
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September 15, 2014, 06:29:01 PM
 #4529

I wonder how 'decentralized' coins are that are stored on social media accounts. If the server goes would all coins be gone too?
Anyone knows?

If the server goes AND there are no backups, then yes.  However, most tipbot operators for most coins will have multiple backups.

The other issue though is that you are entrusting your coins to another person.  That's one of the major motivators behind Social X: to create a system that allows for social media tipping directly from your wallet, so that you are in charge of your coins, not some third party.  In that way, Reddcoin's platform will surpass Dogecoin and Bitcoin in tipping, as it unifies all tipping among all social media platforms into one account, and most improtantly, that account is yours, not someone else's.
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September 15, 2014, 08:22:39 PM
 #4530

It is the Social Wallet.
It has some fun features I am just exploring now.
The wallet is right on the Reddcoin website.  Smiley

Yes I understand that from some other coins that do it as well.
It is a great feature indeed.  Cool
Is this normal though it has been running nonstop.  Still not staking the other wallet before it messed up would say staking after it sync'd.


What wallet is this?  I like that it shows the conversion rates and estimated value right on it.  Its the first I've ever seen anything like this. 
Its great I want to ask its ready for explore or need any updates I also want to download this for RDD

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September 16, 2014, 01:32:15 AM
 #4531

Just download and sync.
It works well so far.
I was also able to import the key from a messed up qt wallet I was using and recover my coins.

It is the Social Wallet.
It has some fun features I am just exploring now.
The wallet is right on the Reddcoin website.  Smiley

Yes I understand that from some other coins that do it as well.
It is a great feature indeed.  Cool
Is this normal though it has been running nonstop.  Still not staking the other wallet before it messed up would say staking after it sync'd.


What wallet is this?  I like that it shows the conversion rates and estimated value right on it.  Its the first I've ever seen anything like this. 
Its great I want to ask its ready for explore or need any updates I also want to download this for RDD

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September 16, 2014, 03:01:39 AM
 #4532

was looking at the roadmap. It says there will be an announcement on social x secret project. Is it already known what that is? If not, when will be the announcement?

lowest inflation in town: Unobtanium
https://bitcointalk.org/index.php?topic=527500.0
Learn from history: Unfair money always fails
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September 16, 2014, 04:11:59 AM
 #4533

was looking at the roadmap. It says there will be an announcement on social x secret project. Is it already known what that is? If not, when will be the announcement?

From what I can tell from the whitepaper social x will allow for secure flawless one click social tipping without the need for 3rd party entities leaving you with total control of your coins at all times.
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September 16, 2014, 07:29:35 AM
 #4534

was looking at the roadmap. It says there will be an announcement on social x secret project. Is it already known what that is? If not, when will be the announcement?

From what I can tell from the whitepaper social x will allow for secure flawless one click social tipping without the need for 3rd party entities leaving you with total control of your coins at all times.

was it officially announced already? When is implementation?

lowest inflation in town: Unobtanium
https://bitcointalk.org/index.php?topic=527500.0
Learn from history: Unfair money always fails
RenegadeMan
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September 16, 2014, 08:49:22 PM
 #4535

I have a little over 1200000 redd and I get about 1400 - 1800 redd a day. Does that seem right?

Complete and utter BS Cointang. If this is how much you're receiving EVERYDAY on your 1.2mil RDD then the coin is seriously broken as inflation will kill it within weeks.

I have 3.1 mil RDD and I see a payment of around 1,500 coins every 3 to 4 days (sometimes faster/sometimes slower than this and sometimes greater amounts). If you do the maths this works out to around 5% per annum which is right on target for what PoSV is supposed to provide.

If you're going to tell tall stories, I think you need to at least work through the figures and come up with something half reasonable before blurting out a BS statement like that, it just misleads everyone and causes noobs to worry that their wallet staking mustn't be working.

BTC:   1KjAPEa3WvhmDGT4jmT9i5P3UPFdFH629e
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September 16, 2014, 09:05:58 PM
 #4536

I have a little over 1200000 redd and I get about 1400 - 1800 redd a day. Does that seem right?

Complete and utter BS Cointang. If this is how much you're receiving EVERYDAY on your 1.2mil RDD then the coin is seriously broken as inflation will kill it within weeks.

I have 3.1 mil RDD and I see a payment of around 1,500 coins every 3 to 4 days (sometimes faster/sometimes slower than this and sometimes greater amounts). If you do the maths this works out to around 5% per annum which is right on target for what PoSV is supposed to provide.

If you're going to tell tall stories, I think you need to at least work through the figures and come up with something half reasonable before blurting out a BS statement like that, it just misleads everyone and causes noobs to worry that their wallet staking mustn't be working.

I concur, and you are right statements like this could scare new comers to the Reddcoin community ultimately hurting the economy. I made a post calling this poster out already with no reply.
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September 16, 2014, 09:19:09 PM
 #4537

Yeah I have around 3MIL and don't get that kind of payout daily.
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September 17, 2014, 07:55:16 AM
 #4538

I wewy wike da wedd coin.  Dat dumb doggy coin betta watch out.

http://i.imgur.com/wGje2cd.jpg
matsonj
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September 17, 2014, 11:02:49 AM
 #4539

Can anyone help with this problem I came back to from over the weekend? When I try to open Reddcoin Windows qt 1.3.1.2 it says:

Assertion Failed!

Program: C:\...reddcoin-qt.exe
File: src/checkpoints.cpp, Line 285

Expression: mapBlockIndex.count(hashSyncCheckpoint)

What does this all mean and how do I fix it? I have very recent backups of my wallets just in case. Thanks!
waterpile
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September 17, 2014, 11:46:22 AM
 #4540

Can anyone help with this problem I came back to from over the weekend? When I try to open Reddcoin Windows qt 1.3.1.2 it says:

Assertion Failed!

Program: C:\...reddcoin-qt.exe
File: src/checkpoints.cpp, Line 285

Expression: mapBlockIndex.count(hashSyncCheckpoint)

What does this all mean and how do I fix it? I have very recent backups of my wallets just in case. Thanks!

Tip:
Back up your wallet.dat file before doing anything. Its better to be safe than sorry


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