[POT]PotCoin - Banking for the Legal Cannabis Industry ✦ ✦ ✦Grow With Us ✦ ✦ ✦

[CartmanSPC]

Made a change in the source to reduce the max split from 2mil to 20K:

https://github.com/CartmanSPC/Potcoin/commit/2565767d115867bcc37fe20963f41ce305558630

Heading out for a few hours but will post a compiled Linux wallet upon my return. If someone has instructions on how to compile a Windows version please post.

Note: This is a test. Although it should not cause any problems or lost coin be warned that you are using it at your own risk.

If we find the new value works then I will issue a pull request to the main code.

it was that easy? so what should we expect with the new #'s?

You need to be running a wallet that has those #s as part of the source, we all don't benefit just because he will test a local wallet he compiled himself.

As to what can be expected, we should see those with 40k+ balances staking multiple blocks rather than 1 giant one. This means that people with 1million+ balances should see 50+ blocks actively staking, this will make the network more secure and smooth out the block times.

Is it possible for the devs to merge this hack? Or will they just ignore it?

It's not a hack
...just a change to a constant/value.

[CartmanSPC]

Made a change in the source to reduce the max split from 2mil to 20K:

https://github.com/CartmanSPC/Potcoin/commit/2565767d115867bcc37fe20963f41ce305558630

Heading out for a few hours but will post a compiled Linux wallet upon my return. If someone has instructions on how to compile a Windows version please post.

Note: This is a test. Although it should not cause any problems or lost coin be warned that you are using it at your own risk.

If we find the new value works then I will issue a pull request to the main code.

Here are instructions on how to build for Windows:

https://bitcointalk.org/index.php?topic=149479.0

I don't have time to do it at the moment.

Link for the unix daemon (potcoind): https://mega.nz/#!iwpQwbTQ!wpZo4rKyoEbOJsrustACTuZQkz_C8llp6k2AIzq37mI

[myc066]

Just sold out,Pos no future.

[rdyoung]

Just sold out,Pos no future.

Great, the more weak hands we shake out, the better.

[TimC]

Just sold out,Pos no future.

Great, the more weak hands we shake out, the better.

The error message is no longer showing on my wallet and when I do a 'getinfo' it no longer says any errors. So it the network now in agreement and all the exchanges going to be able to send coins again?

[rdyoung]

Just sold out,Pos no future.

Great, the more weak hands we shake out, the better.

The error message is no longer showing on my wallet and when I do a 'getinfo' it no longer says any errors. So it the network now in agreement and all the exchanges going to be able to send coins again?

I would think so. As I posted to mullick on reddit, a fresh sync of a wallet on laptop last week didn't show that error.
Polo and Bleu have been online for about a week now, its bitt and cryptsy that have been dragging their feet. I now believe that cryptsy was waiting for the error to go away when I don't think it will without a fresh sync, either with bootstrap or from scratch.

[CartmanSPC]

Just sold out,Pos no future.

Great, the more weak hands we shake out, the better.

The error message is no longer showing on my wallet and when I do a 'getinfo' it no longer says any errors. So it the network now in agreement and all the exchanges going to be able to send coins again?

I would think so. As I posted to mullick on reddit, a fresh sync of a wallet on laptop last week didn't show that error.
Polo and Bleu have been online for about a week now, its bitt and cryptsy that have been dragging their feet. I now believe that cryptsy was waiting for the error to go away when I don't think it will without a fresh sync, either with bootstrap or from scratch.

I had to do a fresh sync from scratch (bootstrap DL was not working) to get the error to go away in one of my wallets.

[fonzerrellie]

Thanks dumpers     

[rdyoung]

Thanks dumpers     

I should check on my orders at bitt and cryptsy . Had about 200k worth of buy orders in on the way down.

[ThePeddler]

I should check on my orders at bitt and cryptsy . Had about 200k worth of buy orders in on the way down.

I have been having a field day selling on Poloniex and buying on Crypsty.
So far I've added ~6550 POT through arbitrage, though with current prices between the two it is no longer possible.......
Now if Crypsty would just unlock the wallet that would be great 

[rdyoung]

I should check on my orders at bitt and cryptsy . Had about 200k worth of buy orders in on the way down.

I have been having a field day selling on Poloniex and buying on Crypsty.
So far I've added ~6550 POT through arbitrage, though with current prices between the two it is no longer possible.......
Now if Crypsty would just unlock the wallet that would be great 

I have thought about moving some of my coins back into polo to arb, but when they get locked up at crypsty with no timeframe on them starting the wallet backup, no bueno.

[jheaton]

my 40 addys are hummin away

[ThePeddler]

I should check on my orders at bitt and cryptsy . Had about 200k worth of buy orders in on the way down.

I have been having a field day selling on Poloniex and buying on Crypsty.
So far I've added ~6550 POT through arbitrage, though with current prices between the two it is no longer possible.......
Now if Crypsty would just unlock the wallet that would be great 

I have thought about moving some of my coins back into polo to arb, but when they get locked up at crypsty with no timeframe on them starting the wallet backup, no bueno.

Even so, I made what I would make from many years worth of staking the total amount I have with a tiny fraction of it instead.
Cryptsy will either unlock the wallets eventually, or the coin will devalue into oblivion.
I wonder what will happen first since the devs seem to be absent?

[rdyoung]

I should check on my orders at bitt and cryptsy . Had about 200k worth of buy orders in on the way down.

I have been having a field day selling on Poloniex and buying on Crypsty.
So far I've added ~6550 POT through arbitrage, though with current prices between the two it is no longer possible.......
Now if Crypsty would just unlock the wallet that would be great 

I have thought about moving some of my coins back into polo to arb, but when they get locked up at crypsty with no timeframe on them starting the wallet backup, no bueno.

Even so, I made what I would make from many years worth of staking the total amount I have with a tiny fraction of it instead.
Cryptsy will either unlock the wallets eventually, or the coin will devalue into oblivion.
I wonder what will happen first since the devs seem to be absent?

Polo and bleu are up and running. Aside from the slow slide starting to happen that is shaking out weak hands, I don't see this coin devaluing into oblivion.
Bitt and cryptsy will have to bring their wallets online at some point, if only to let people withdraw the coins they hold. If they don't, thats a decent chunk of coin that can't be traded and can't stake, that does 2 things, it effectively reduces the supply of the coin and it increases the stake rate for the coins that are online and staking.

I am arbing pot at every chance I get, and despite my taking the devs to task for the way things have shaken out, I am in potcoin for the long haul. Its the first weedcoin and the move to POSv gives people and legal head shops a reason to hold and support the coin. With the right promotional strategy and enough boots on the ground in legalized states we could easily see millions in weed sales flow through this coin in very short order.

[tommorisonwebdesign]

I live in Vancouver, and spoke to a very prominent marijuana activist worldwide by the name of Marc Emery. He is very well integrated into my personal social circle and life and I have mentioned this project to him. I have many other friends in the local marijuana community who are into technology and this is definitely a project that has potential in the legal world.

[fyubr]

I live in Vancouver, and spoke to a very prominent marijuana activist worldwide by the name of Marc Emery. He is very well integrated into my personal social circle and life and I have mentioned this project to him. I have many other friends in the local marijuana community who are into technology and this is definitely a project that has potential in the legal world.

The Prince of Pot Himself That's awesome. Tell you if he gets on here I'm sure he would have plenty of people sending him some Potcoins to try it out

[PotCoin]

We are in the process of working with Bittrex on unlocking their wallet.

They have run into an unexpected issue which we are hopping to have resolved soon.

Thanks for your patience and understanding.
PotCoin

[barabbas]

We are in the process of working with Bittrex on unlocking their wallet.

They have run into an unexpected issue which we are hopping to have resolved soon.

Thanks for your patience and understanding.
PotCoin

What is there to "understand". This is as terrible as your silence about the whole problem caused only by you appalling incompetence.

[spectrem1]

We are in the process of working with Bittrex on unlocking their wallet.

They have run into an unexpected issue which we are hopping to have resolved soon.

Thanks for your patience and understanding.
PotCoin

Are you working with Cryptsy on their issue with potcoin? Thanks -M

Edit add: What was the unexpected issue?

[MarkAz]

I'd like to understand this payout system a bit better - I see the 5-6% mentioned all the time, but is that per block of staked coins, or what?   I've only got a small number of potcoins, about 30k, and in the last 24 hours, I think I've gotten barely 1 or 2 potcoins - is this to be expected?  And if not, what am I doing wrong?

The concept seems cool, but in practice I find it pretty non-obvious what the return is.

Thanks!