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Author Topic: [ANN] ★★ EBT Coin - Entropybit 100% PoS - Multipool - Bugfix version 4.0.3! ★★  (Read 130429 times)
makemebeat
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May 28, 2014, 10:08:35 PM
 #1461

Just updated my wallet. Haven't had it open for a few months.
I wonder what happens when you have 1.5 million EBT, and don't update your wallet for so long.  Cheesy
Nothing will happen, dude.
Yes, I began to realise that. So the coin no longer mints?
It's minting now. But it happens, when you open your wallet, it's need to be synched with network. Now you have "aged-enough" coins. And you need proper blockchain, it takes time to download all blocks over few months.

And it have low %. I've got about 60k PoS mined coins.
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DannyTom
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May 29, 2014, 12:40:40 AM
 #1462

Switch over made!  Update your damn wallets everyone! lol

Adoption of the security update is nearing 50%.

By the way, the network has been under nearly constant attack by someone submitting many bad blocks. PoS has worked well to keep the network stable, and the attacks have subsided in the last few days.

It will be best to get the security patch adopted before moving forward with any releases, however.

We are working on some breakthrough technology that we hope to add to the EBT wallet soon. Although mobile wallets help adoption, we believe that usage is the primary driver of adoption. We are therefore working on in-wallet uses for crypto currencies, with EBT slated as a testing ground. We have essentially stopped development of convenience features and are focusing exclusively on these usage features.

Unfortunately development takes time, especially because coding talent is spread very thinly throughout the altcoin universe. We have a small team working very hard, but the new usage features are difficult to implement, especially as we refine the design to ensure extensibility and adaptability. We therefore ask the community to have patience and to not vent too much frustration on the forum.

Finally, we apologize for the vague promises, which seems to be all too commonplace in the marketplace. Technology is fast moving and ideas are golden, so we can't let too much out of the bag right now. But we assure you that we are listening to your concerns and working hard to improve EBT!

At least you guys are still active.  Can't tell you how many devs disappear after the first pump (*cough* FRQ *cough*).

I have a garage full of junk I'm putting on craigslist and asking for BTC/LTC/BTQ and EBT.  I don't really care about selling it, just want people to call and ask what it is I'm accepting for the stuff.  Of the stuff I've sold, one item I actually got BTC for, the rest was just conversation and cash.  Still, it's one way to spread the word and let non-crypto people know there is buying power with alt-coins.

Just put on craigslist a set of ingersol-rand black 1/2" metric impact sockets for for 95,000 EBT or 0.018 BTC if anyone is in Sunrise, FL and interested.

http://miami.craigslist.org/brw/tls/4493255672.html

BTQ:  17NEp7WtUZt4V5RiFP6YHxD1hcte7U3sB8
LTC:  LeyXcTFxC5Ku3KDUyhwDHtLko1JwChd99h
FTC:  6n56LJKYrdgmsougCCjenLFtpPTcjFQ829
dE_logics
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May 29, 2014, 02:16:02 AM
 #1463

This's what PoS does to your coin.

Listen to the people, and you get dumped.


 
 
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tx42
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May 29, 2014, 03:45:12 AM
 #1464

This's what PoS does to your coin.

Listen to the people, and you get dumped.

What do you mean? At least its not in danger of being forked every third day. How many PoW coins have been forked recently? It just happened to dark. The PoW always takes them down.

Either way, a coin is meant to be a vehicle for transactions, not a tool for pumpers and dumpers.

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Nullu
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May 30, 2014, 07:17:04 PM
 #1465

Well, I've made over 20k in interest on my EBT after not opening my wallet for a couple of months.

Proof of Stake is definitely an advantageous way of mining if you're in it for the long haul, and have generally lost interest in mining in general.

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
stevenluhuaan
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May 31, 2014, 11:11:31 AM
 #1466

dead coin???
mashac
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May 31, 2014, 01:20:32 PM
 #1467

dead coin???

u blind ? or stupid ?
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May 31, 2014, 01:28:20 PM
 #1468

dead coin???

u blind ? or stupid ?

Take it easy guys. Coin seems alive to me Smiley

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June 01, 2014, 04:04:24 AM
 #1469

Coin seems alive to me Smiley

EBT is alive. Adoption of the security update is nearing 60%.

At about 75% adoption we'll make some announcements relating to the direction of EBT. As a preview, we can disclose that EBT holders will be among the first to experience some new in-wallet uses of cryptocurrencies.

EBT is under constant development and monitoring. We have been keeping close track of the performance of the block chain and of any threats. Currently, like most other coins, there may be some periodic attacks on the EBT network, but they have not significantly effected the block chain. The only evidence of attacks that we have at this point is some unusual variance of block times, although this variation may be from normal network activity. Currently, the mean block interval is 80 seconds, which is almost triple the target interval of 30 seconds, giving the team a small amount of concern.

The block interval has been high since the PoS switch, which was expected because of a minting rush from very mature coins followed by a vacuum of stake once these coins minted. The mean block interval has stabilized greatly in the last week or so, although it is not yet ideal. If the mean block interval does not stabilize to close to the target of 30 seconds soon (within 2 weeks), we will add additional block consistency checking and more tests for misbehaving peers, to reduce the opportunity for denial-of-service attacks.
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June 01, 2014, 11:29:08 AM
 #1470

Coin seems alive to me Smiley

EBT is alive. Adoption of the security update is nearing 60%.

At about 75% adoption we'll make some announcements relating to the direction of EBT. As a preview, we can disclose that EBT holders will be among the first to experience some new in-wallet uses of cryptocurrencies.

EBT is under constant development and monitoring. We have been keeping close track of the performance of the block chain and of any threats. Currently, like most other coins, there may be some periodic attacks on the EBT network, but they have not significantly effected the block chain. The only evidence of attacks that we have at this point is some unusual variance of block times, although this variation may be from normal network activity. Currently, the mean block interval is 80 seconds, which is almost triple the target interval of 30 seconds, giving the team a small amount of concern.

The block interval has been high since the PoS switch, which was expected because of a minting rush from very mature coins followed by a vacuum of stake once these coins minted. The mean block interval has stabilized greatly in the last week or so, although it is not yet ideal. If the mean block interval does not stabilize to close to the target of 30 seconds soon (within 2 weeks), we will add additional block consistency checking and more tests for misbehaving peers, to reduce the opportunity for denial-of-service attacks.

Very glad to hear EBT is still going strong, which to me signals that when the cryptocurrency market finally picks up again, it'll be the coins with devs who stick with their cryptos that will come out on top.

I've been out of the cryptocurrency scene for a couple of months now, just due to a general lack of apathy with the amount of coins that are on the market now. Whatever coin is popular now will likely be dead in a month, so I've just given up hope on new coins. I should get myself a stash of a couple of X11 currencies, but other than that I've lost interest in mining.

BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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June 01, 2014, 04:23:57 PM
 #1471

Coin seems alive to me Smiley

EBT is alive. Adoption of the security update is nearing 60%.

At about 75% adoption we'll make some announcements relating to the direction of EBT. As a preview, we can disclose that EBT holders will be among the first to experience some new in-wallet uses of cryptocurrencies.

EBT is under constant development and monitoring. We have been keeping close track of the performance of the block chain and of any threats. Currently, like most other coins, there may be some periodic attacks on the EBT network, but they have not significantly effected the block chain. The only evidence of attacks that we have at this point is some unusual variance of block times, although this variation may be from normal network activity. Currently, the mean block interval is 80 seconds, which is almost triple the target interval of 30 seconds, giving the team a small amount of concern.

The block interval has been high since the PoS switch, which was expected because of a minting rush from very mature coins followed by a vacuum of stake once these coins minted. The mean block interval has stabilized greatly in the last week or so, although it is not yet ideal. If the mean block interval does not stabilize to close to the target of 30 seconds soon (within 2 weeks), we will add additional block consistency checking and more tests for misbehaving peers, to reduce the opportunity for denial-of-service attacks.

Very glad to hear EBT is still going strong, which to me signals that when the cryptocurrency market finally picks up again, it'll be the coins with devs who stick with their cryptos that will come out on top.

I've been out of the cryptocurrency scene for a couple of months now, just due to a general lack of apathy with the amount of coins that are on the market now. Whatever coin is popular now will likely be dead in a month, so I've just given up hope on new coins. I should get myself a stash of a couple of X11 currencies, but other than that I've lost interest in mining.

+1

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June 02, 2014, 03:54:22 AM
 #1472


Thank you, it should be listed on the OP to make it easy to find.   Smiley

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June 03, 2014, 03:37:01 AM
 #1473

Anyone else have over 2500 transactions and notice the wallet getting slow?  POS brought me a lot of daily dust.  I finally dumped all my EBT into an exchange, deleted my wallet, created a new wallet and am now redepositing my EBT into the new wallet in larger transactions.

What does this mean for POS minting?

BTQ:  17NEp7WtUZt4V5RiFP6YHxD1hcte7U3sB8
LTC:  LeyXcTFxC5Ku3KDUyhwDHtLko1JwChd99h
FTC:  6n56LJKYrdgmsougCCjenLFtpPTcjFQ829
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June 03, 2014, 04:51:23 AM
 #1474

Anyone else have over 2500 transactions and notice the wallet getting slow?  POS brought me a lot of daily dust.  I finally dumped all my EBT into an exchange, deleted my wallet, created a new wallet and am now redepositing my EBT into the new wallet in larger transactions.

What does this mean for POS minting?

It was not necessary to go through this procedure to collect your dust. The EBT wallet has coin control for this very purpose. You could simply gather many low priority transactions and send them to yourself every two or three days, for example. This would consolidate your wallet into 10 to 15 inputs.

The other way to collect dust would be to keep your wallet locked for 30 days and then let your coins stake all at once. Each account would have coins grouped together for staking, so your wallet would consolidate into a handful of inputs.

You probably lost some interest here, which would be about 0.002 times your entire balance. For example, if you hold 2 million EBT, you probably lost 4000 EBT in interest that you would have collected over the next 30 days.
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June 03, 2014, 11:50:47 AM
 #1475

My wallet keeps crashing. I have emptied the appdata folder and did a resynch, but it keeps freezing every time I try to do a transfer Sad I have the latest version.

Anybody else experiencing this?

I will now try getting rid of all traces of ebt excepts wallet.dat. Hope it works.

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June 03, 2014, 02:30:59 PM
 #1476

Any updates on the wallet?I have mesage on my wallet to make some updates or tel sometihink to devs. Smiley
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June 03, 2014, 02:34:36 PM
 #1477

Any updates on the wallet?I have mesage on my wallet to make some updates or tel sometihink to devs. Smiley

It is synching. You have version 3.0.1? Older versions are not working because they are on the wrong fork.

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June 03, 2014, 05:18:24 PM
 #1478

So it  looks like correct version is 3.0.1.2?  I was running 3.0.1.1 and thought I was ok without updating.  The critical update just says 3.0.1.  Which is correct, or are both 3.0.1.1 and 3.0.1.2 ok?
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June 03, 2014, 06:32:18 PM
 #1479

So it  looks like correct version is 3.0.1.2?  I was running 3.0.1.1 and thought I was ok without updating.  The critical update just says 3.0.1.  Which is correct, or are both 3.0.1.1 and 3.0.1.2 ok?


The correct versions are 3.0.1.1 for Mac and 3.0.1.2 for Windows. Both are version 3.0.1. The last number is simply the build number. The 3.0.1 Windows wallet had to be rebuilt because the first build accidentally included a deprecated dependency.
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June 03, 2014, 06:35:42 PM
 #1480

My wallet keeps crashing. I have emptied the appdata folder and did a resynch, but it keeps freezing every time I try to do a transfer Sad I have the latest version.

Anybody else experiencing this?

I will now try getting rid of all traces of ebt excepts wallet.dat. Hope it works.

Yours is the first report of this type of behavior. What kind of transfer are you trying to do?
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