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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1343447 times)
moderndezigns
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March 21, 2014, 03:25:24 AM
 #10081

Devs aren't going to use their "coin hoard" to support multipool as it doesn't fit with the mintcoin eco friendly marketing. If the community wants to support that's another thing. I think it would get support if there was assurance that the multipool or pools would continue running for at least 2 weeks before any bounty is paid or the whole bounty. I think it's silly that someone started a pool in one day then needs two weeks to get it going again
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deadmanwalking
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March 21, 2014, 03:36:48 AM
 #10082

The pool operator has proven his ablility to run a multi pool. Did you click the link?

Also, I don't know why you're putting "coin hoard" in quotation marks as it's plainly stated there was a 1% premine on page 1 of this thread. That equals 700,000,000 coins:

 - 1% premine for bounties, giveaways, development, support and maintenance, new feature developments etc

A multi-pool would be a great use of some of those funds.

Remarking on your "eco friendly." How are we supposed to change the crypto world to eco friendly if Mint dies?

I already paid some money for the last multi-pool. It's time for dev to put some skin in the game.

\
needajp
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March 21, 2014, 04:00:43 AM
 #10083

I sense that scrypt mining as it stands now is not going to be too profitable in the near future, with all the asic hype and cost of energy always rising.
If the price of LTC/altcoins don't rise with the difficulty, there will have to be big changes to the market, maybe devs will change their coins to n-scrypt or whatever else to minimize asic mining driving up difficulty like crazy.
This is where I see Mint coming to age. I see a bright future for Mint, if we can be patient and do our part to spread the word.
deadmanwalking
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March 21, 2014, 04:08:40 AM
 #10084

Bounty for a new mintcoin multipool

http://www.reddit.com/r/MintCoin/comments/20vtiy/bounty_for_a_new_multipool/


I have been in contact with one of the established multipools and they are willing to get a mintcoin multipool up if we show enough interest!!

Here is what they replied:
"Its an interesting idea.  I saw some doing it with blackcoin recently.   I'd be willing to give it a shot, if you believe you can gather interest in your community and perhaps a bounty could be had.  I've got a lot on my plate atm, but am willing to dedicate some time if it makes sense"

Can we raise some funds for a bounty here?
Send some coins to this address
MqafpHSxDnDMcHg3c4BFf2xpBmCDe64H2Q

I don't have that much mints myself but i donate 100000


http://mint.blockx.info/get/address/MqafpHSxDnDMcHg3c4BFf2xpBmCDe64H2Q

The thing to keep in mind is that we have paid a bounty for a multi-pool which is now offline for 2 weeks. The pool operator has shut it down to make improvements. The pool had difficulty working with the most popular mining software.

I'm not against setting up another multi-pool or even paying another bounty, but I think the community would like to see which pool it is we would be working with.

The pool is  HashCow
https://hashco.ws/

Does a good multipool really have no support?

Team members coming around saying they are "working on something big" and I'm working on project "codename" doesn't really inspire people. Only fools follow blindly. If the devs really wanted to do something, they could take some of their coin hoard and get this guy from hashcow to implement a pool that pays out in Mint.  This would cut into the sell walls and drive up price simultaneously. This takes absolutley zero effort from the developers other than parting ways with some of their coin.

In regards to orphan blocks. The client will continue to re-stake coins until the coins are paid out. I've seen this in my own wallet on 2 occasions.
I sense that scrypt mining as it stands now is not going to be too profitable in the near future, with all the asic hype and cost of energy always rising.
If the price of LTC/altcoins don't rise with the difficulty, there will have to be big changes to the market, maybe devs will change their coins to n-scrypt or whatever else to minimize asic mining driving up difficulty like crazy.
This is where I see Mint coming to age. I see a bright future for Mint, if we can be patient and do our part to spread the word.


Patience in this case is not a virtue. Nothing spreads the word about a coin more than a rising price. Money Talks-Bullshit Walks

Get Dev to Support a Multi Pool!

G'Night

P.S. Developers didn't pay for last MultiPool, but they sure linked to it-reddit, twitter, and front page of this post. Let them pay for this one.

\
moderndezigns
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March 21, 2014, 04:53:35 AM
 #10085

If you're still here I agree it does sound like they should cover this multipool
sidhujag
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March 21, 2014, 05:09:50 AM
 #10086

The dev will offer 3 million mint for a new pool and the guy will laugh and develop for someone else lol.. true story already happened.

★☆★Syscoin - Decentralized Marketplace and Multisig Platform
Pay with Bitcoin, ZCash and many more
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mrqu1cky
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March 21, 2014, 05:45:18 AM
 #10087

I'm currently working to collect the bounty on the Android wallet.  There is still some work to do in the mintcoinj library but the front-end is almost finished.  Here are the current screenshots:

https://drive.google.com/folderview?id=0BwpkXqmxmdGScm9lb21pTXhuS00&usp=sharing

dille71
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March 21, 2014, 05:58:08 AM
 #10088

Devs aren't going to use their "coin hoard" to support multipool as it doesn't fit with the mintcoin eco friendly marketing. If the community wants to support that's another thing. I think it would get support if there was assurance that the multipool or pools would continue running for at least 2 weeks before any bounty is paid or the whole bounty. I think it's silly that someone started a pool in one day then needs two weeks to get it going again
Thats why we need this:
http://www.reddit.com/r/MintCoin/comments/20vtiy/bounty_for_a_new_multipool/

Mintcoin: MsFGc9atNN6DddEsQHiq7MgDieoSLwtmg5
InformationCoin: Je4ZhmQBSd68oZ7CeXWMrWEsyprTXAVFuX
deadmanwalking
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March 21, 2014, 06:10:09 AM
 #10089

The dev will offer 3 million mint for a new pool and the guy will laugh and develop for someone else lol.. true story already happened.

You are a blackcoin supporter and have no contact with Mintocoin dev.

\
deadmanwalking
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March 21, 2014, 06:13:01 AM
 #10090

If you're still here I agree it does sound like they should cover this multipool
Devs aren't going to use their "coin hoard" to support multipool as it doesn't fit with the mintcoin eco friendly marketing. If the community wants to support that's another thing. I think it would get support if there was assurance that the multipool or pools would continue running for at least 2 weeks before any bounty is paid or the whole bounty. I think it's silly that someone started a pool in one day then needs two weeks to get it going again
Thats why we need this:
http://www.reddit.com/r/MintCoin/comments/20vtiy/bounty_for_a_new_multipool/

As you can see moderndezigns ended up agreeing with me.

I'm really happy that you got the ball rolling on this, but the dev should be chipping in on this. They stated they couldn't get involved on the last one, then linked to it on all of their outlets. You can't have you cake and eat it too.

Don't be afraid to make demands of the developers. They publicly stated that the pre-mine would be used for development of the coin. This helps the development of the coin.

People that agree with me should let their voices be heard.

\
Collegestudent
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March 21, 2014, 06:17:49 AM
 #10091

Havent been updated in a while Deadman can you please tell me what updates we need?

Like wallet, etc?
deadmanwalking
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March 21, 2014, 06:18:42 AM
 #10092

I'm currently working to collect the bounty on the Android wallet.  There is still some work to do in the mintcoinj library but the front-end is almost finished.  Here are the current screenshots:

https://drive.google.com/folderview?id=0BwpkXqmxmdGScm9lb21pTXhuS00&usp=sharing



Much appreciated by the community I'm sure.

\
2012revisited
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March 21, 2014, 06:19:57 AM
 #10093

Yeee, just got my first PoS payment  Grin

ahbartsch
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March 21, 2014, 06:27:07 AM
 #10094

I'm currently working to collect the bounty on the Android wallet.  There is still some work to do in the mintcoinj library but the front-end is almost finished.  Here are the current screenshots:

https://drive.google.com/folderview?id=0BwpkXqmxmdGScm9lb21pTXhuS00&usp=sharing

Holy fuck you are being tipped good sir.
deadmanwalking
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March 21, 2014, 06:27:43 AM
 #10095

Havent been updated in a while Deadman can you please tell me what updates we need?

Like wallet, etc?

I'm not on the team. Here's a link to the wishlist: http://www.mintcointalk.com/index.php/topic,263.0.html


I'm currently working to collect the bounty on the Android wallet.  There is still some work to do in the mintcoinj library but the front-end is almost finished.  Here are the current screenshots:

https://drive.google.com/folderview?id=0BwpkXqmxmdGScm9lb21pTXhuS00&usp=sharing



Thanks to mrqu1cky it looks like we're getting close to an android wallet- a MAJOR development!

Thanks to dille71 we have an offer from a legitimate multipool operator to develop a multipool that pays out in Mint: The pool is  HashCow
https://hashco.ws/

I believe the developer should pay any requested bounty, but if you wish to contribute you can do so here: http://www.reddit.com/r/MintCoin/comments/20vtiy/bounty_for_a_new_multipool/

Edit: Anyone who visits the reddit page please make sure to at least upvote it. Bitcoin has a gazzilion multipools paying into it daily, why shouldn't we have at least one? If you don't have a reddit account you can set one up in seconds, you don't even need to put in an email address.

\
thisisit
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March 21, 2014, 08:40:15 AM
Last edit: March 21, 2014, 09:07:29 AM by thisisit
 #10096

no it does not. let me explain.

i am not sure if the dev team can do other things beside copy clone ( another fact: mint is just a copy clone ).

can they innovate. do they understand the actual pos design. are they able to extend bitcoinj to pos.

if so, building a mobile wallet should not be a problem.

if so, future might be secured... i might buy more. if not. i dump all.

i only care about profit. this is just another coin i ride.



If you dump all of your Mintcoins, it means you lose out. Since you are spreading FUD, you should be spreading FUD in order to lower the price to buy. Don't mess it up. You have to buy low, then sell high if you talk about profit. Don't sell while you are spreading FUD, that's just silly. If you can't lower the price anymore with your FUD (there is a big buy wall at 10 satoshis), you should just buy in now. I promise you, it's the smart move. The coin is extremely valuable and it will rise really soon and then you can make profit. Go with me on this one. The developer is excellent and the community is strong and growing -you cannot clone these. This will give you tons of profits.

How is mint just a copy clone? Mint is the first coin to implement PoW/PoS hybrid that goes to 1 coin PoW after the initial PoW phase. Mint is also the first PoW/PoS coin to have a coin cap. The combination of these makes MINT superior in energy efficiency and ability to retain value without being inflated away due to the coin cap. This is a combination of many of the best features of many prior coins, (speed, coin cap, energy efficient, fair distribution) and the combination of such features is what make it new innovation.


how is mint just a copy clone? take velocity coin, use a compare program... you will see that the code, except for the pow engine is equal. changing some parameters is not innovative. also the coin cap, max_money? that is not the coin cap. you have been smoking too much pot.

- speed? copied
- coin cap? does not have one.
- energy efficient? ok
- fair distribution? no. it was hit by multipools.

int64 GetProofOfStakeReward(int64 nCoinAge, unsigned int nBits, unsigned int nTime, int nHeight)
{
    int64 nRewardCoinYear;

   nRewardCoinYear = MAX_MINT_PROOF_OF_STAKE;

   if(nHeight < YEARLY_BLOCKCOUNT)
      nRewardCoinYear = 4 * MAX_MINT_PROOF_OF_STAKE;
   else if(nHeight < (2 * YEARLY_BLOCKCOUNT))
      nRewardCoinYear = 3 * MAX_MINT_PROOF_OF_STAKE;
   else if(nHeight < (3 * YEARLY_BLOCKCOUNT))
      nRewardCoinYear = 2 * MAX_MINT_PROOF_OF_STAKE;

    int64 nSubsidy = nCoinAge * nRewardCoinYear / 365;

   if (fDebug && GetBoolArg("-printcreation"))
        printf("GetProofOfStakeReward(): create=%s nCoinAge=%"PRI64d" nBits=%d\n", FormatMoney(nSubsidy).c_str(), nCoinAge, nBits);
    return nSubsidy;
}

how does it have a max cap?

static const int64 MAX_MONEY = 70000000000 * COIN;         // 70 bil

please explain.

ps. the android wallet is nice. if succeeds. there is a reason why there arent any pos mobile wallets yet.

any coin that makes me a profit.
needajp
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March 21, 2014, 09:49:30 AM
 #10097

How does being hit by multipools make coin distribution unfair? Wouldn't it make it more widely distributed and less concentrated to the early adopters/miners?
My understanding is that the coins mined by multipools would have been sold on exchanges for a pretty good price, to those willing to pay?
And I was under the impression that all/any profitable coins are hit by multipools?
zhangsanfeng
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March 21, 2014, 09:53:55 AM
 #10098

收的差不多了 Cool to the moon Grin
dille71
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March 21, 2014, 09:55:31 AM
 #10099

Pools
Mining is over, but you can use a multipool special MINT:
http://mintpool.us/mint/index.php
No we can't, that pool is down.
But we can have a new, much better multipool at https://www.hashco.ws if we want.
All it takes is a bounty so please devs, support this!

http://www.reddit.com/r/MintCoin/comments/20vtiy/bounty_for_a_new_multipool/

Mintcoin: MsFGc9atNN6DddEsQHiq7MgDieoSLwtmg5
InformationCoin: Je4ZhmQBSd68oZ7CeXWMrWEsyprTXAVFuX
jsgayo
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March 21, 2014, 10:08:33 AM
 #10100

 Good launch time Wink

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