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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1369737 times)
stormia
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April 30, 2014, 12:22:27 AM
 #14121

My mintcoins has not started POS'ing. It has been almost 4 weeks.


Which wallet version are you on?
When you open and unlock your wallet to allow for minting, how long are you leaving it open for?


Version 1.7

I do not have any password on my wallet, the "unlock" button is greyed out.

 I open it every couple days for a few hours.

1st - you must update wallet to 1.9.1
2nd - you should put a password! Smiley
3rd - just live wallet open for an hour and minted coins will come to you Smiley


I just put a password on Smiley.

I found 2 blocks right before I put the password on, one was orphaned.

I thought I could leave the wallet closed and they would still mint?

Your coins will gather coinage on the block chain whether or not your wallet is online. But in order to search for a PoS block with your accumulated coin-days you have to connect to the network.

Also, just in case you were concerned, orphaned blocks do not spend your coin-days so you don't lose anything to them.

I was not too concerned about the orphaned block, 525 Mintcoin is not much Smiley.

So basically my wallet will "catch up" on those coin days?

My understanding is that since the coin-days are not lost on the orphan block, they just get put towards finding another block (along with additional age that accumulated on the coins while they were working on the orphan block).
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stormia
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April 30, 2014, 12:23:00 AM
 #14122

And we now have our 50th merchant!
Buy some 1980's collectible toys



Awesome!! The big five-o!
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April 30, 2014, 05:00:25 AM
 #14123

Lots of new mintcoin wallets in blockchain, looks like the investors are back!   Cool

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April 30, 2014, 06:30:53 AM
 #14124

Hi, potentially ignorant question but now that Mintcoin is 100% PoS is the transaction time still 2 minutes?

I see that the mining block time was 30 seconds with 4 required confirmations.

Does this change due to PoS or not? I see you get PoS payment every 20 days.
No - it does not change. Mintcoin had a very good initial distribution; Mintcoin is distributed well enough for there always to be PoS blocks on the blockchain every 30 seconds or so.

(1.) Moral happiness depends upon moral order.
(2.) Moral order depends upon the harmonious action of all our powers, as
individuals and as members of society.
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April 30, 2014, 11:06:08 AM
 #14125

Hi, potentially ignorant question but now that Mintcoin is 100% PoS is the transaction time still 2 minutes?

I see that the mining block time was 30 seconds with 4 required confirmations.

Does this change due to PoS or not? I see you get PoS payment every 20 days.
No - it does not change. Mintcoin had a very good initial distribution; Mintcoin is distributed well enough for there always to be PoS blocks on the blockchain every 30 seconds or so.

Unless it tells you expected reward is in 118 days lol.... i see the end of mintcoin for me
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April 30, 2014, 11:21:45 AM
 #14126

And we now have our 50th merchant!
Buy some 1980's collectible toys



Awesome!! The big five-o!

+1

well done...

Get Daily Free SignatureCoins.T9GawsANJGGhRZvsuDwTcfLMzPLATER6jP
paspi
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April 30, 2014, 11:29:40 AM
 #14127

Hi, potentially ignorant question but now that Mintcoin is 100% PoS is the transaction time still 2 minutes?

I see that the mining block time was 30 seconds with 4 required confirmations.

Does this change due to PoS or not? I see you get PoS payment every 20 days.
No - it does not change. Mintcoin had a very good initial distribution; Mintcoin is distributed well enough for there always to be PoS blocks on the blockchain every 30 seconds or so.

Unless it tells you expected reward is in 118 days lol.... i see the end of mintcoin for me
It gives me 20 seconds Smiley Still it does not generate that much, as I have lots of small transactions, I think it calculates on totals.

Don't forget that this is only an estimate, generating a POS block is pure luck much like POW systems. Just that your luck is affected by amount of coins you hold instead of your electricity bill

MINT: MdPQhsGufjm5AXYkHebbnF2A155xDqVfK7
KaChingCoinDev
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April 30, 2014, 12:17:23 PM
 #14128

Hi, potentially ignorant question but now that Mintcoin is 100% PoS is the transaction time still 2 minutes?

I see that the mining block time was 30 seconds with 4 required confirmations.

Does this change due to PoS or not? I see you get PoS payment every 20 days.
No - it does not change. Mintcoin had a very good initial distribution; Mintcoin is distributed well enough for there always to be PoS blocks on the blockchain every 30 seconds or so.

Unless it tells you expected reward is in 118 days lol.... i see the end of mintcoin for me
It gives me 20 seconds Smiley Still it does not generate that much, as I have lots of small transactions, I think it calculates on totals.

Don't forget that this is only an estimate, generating a POS block is pure luck much like POW systems. Just that your luck is affected by amount of coins you hold instead of your electricity bill

How many MINT do you have??? I have 250k and I get a block every 30 minutes.
paspi
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April 30, 2014, 12:34:11 PM
 #14129

Hi, potentially ignorant question but now that Mintcoin is 100% PoS is the transaction time still 2 minutes?

I see that the mining block time was 30 seconds with 4 required confirmations.

Does this change due to PoS or not? I see you get PoS payment every 20 days.
No - it does not change. Mintcoin had a very good initial distribution; Mintcoin is distributed well enough for there always to be PoS blocks on the blockchain every 30 seconds or so.

Unless it tells you expected reward is in 118 days lol.... i see the end of mintcoin for me
It gives me 20 seconds Smiley Still it does not generate that much, as I have lots of small transactions, I think it calculates on totals.

Don't forget that this is only an estimate, generating a POS block is pure luck much like POW systems. Just that your luck is affected by amount of coins you hold instead of your electricity bill

How many MINT do you have??? I have 250k and I get a block every 30 minutes.
11 M on wallet, some more on mintpal Smiley

I get a few blocks every 30 minutes though, 22 second doesn't happen Smiley

MINT: MdPQhsGufjm5AXYkHebbnF2A155xDqVfK7
KaChingCoinDev
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April 30, 2014, 12:39:56 PM
 #14130

Hi, potentially ignorant question but now that Mintcoin is 100% PoS is the transaction time still 2 minutes?

I see that the mining block time was 30 seconds with 4 required confirmations.

Does this change due to PoS or not? I see you get PoS payment every 20 days.
No - it does not change. Mintcoin had a very good initial distribution; Mintcoin is distributed well enough for there always to be PoS blocks on the blockchain every 30 seconds or so.

Unless it tells you expected reward is in 118 days lol.... i see the end of mintcoin for me
It gives me 20 seconds Smiley Still it does not generate that much, as I have lots of small transactions, I think it calculates on totals.

Don't forget that this is only an estimate, generating a POS block is pure luck much like POW systems. Just that your luck is affected by amount of coins you hold instead of your electricity bill

How many MINT do you have??? I have 250k and I get a block every 30 minutes.
11 M on wallet, some more on mintpal Smiley

I get a few blocks every 30 minutes though, 22 second doesn't happen Smiley

When did you buy those?
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April 30, 2014, 01:38:31 PM
 #14131

A lot of people are asking about the staking process. The "estimate" you are seeing displayed from the wallet should be taken about as seriously as Nostradamus' predictions. If you have a very small number of coins it is possible you will never stake or that it will take an extremely long time (weeks or months) for you to stake. If you want to stake faster, use coin control to combine your coins so they aren't spread out into many chunks attempting to all stake separately. Large chunks = more weight = faster staking.
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April 30, 2014, 01:59:23 PM
 #14132

I just got a low disk warning on my conputer and found that the 'database' folder in my '.mintcoin' folder has grown to over 18GB in size!
Is this normal or is it safe for me to delete some of this? Thanks Smiley
paspi
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April 30, 2014, 02:01:36 PM
 #14133

When did you buy those?
Mined them during POW. Sold some, held most of them, rebought some.

MINT: MdPQhsGufjm5AXYkHebbnF2A155xDqVfK7
paspi
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April 30, 2014, 02:04:19 PM
 #14134

I just got a low disk warning on my conputer and found that the 'database' folder in my '.mintcoin' folder has grown to over 18GB in size!
Is this normal or is it safe for me to delete some of this? Thanks Smiley
that's huge! Just checked mine, it's 693M

I suggest you backup your wallet.dat, remove everything, and then redownload blockchain. I don't think it'll work if you just delete random files.

I'll be happy to know what files there are and their sizes, it shouldn't ever reach 18G, maybe we can identify its reason

MINT: MdPQhsGufjm5AXYkHebbnF2A155xDqVfK7
paspi
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April 30, 2014, 02:08:58 PM
 #14135

A lot of people are asking about the staking process. The "estimate" you are seeing displayed from the wallet should be taken about as seriously as Nostradamus' predictions. If you have a very small number of coins it is possible you will never stake or that it will take an extremely long time (weeks or months) for you to stake. If you want to stake faster, use coin control to combine your coins so they aren't spread out into many chunks attempting to all stake separately. Large chunks = more weight = faster staking.
How is the shown weight calculated? I know only a single transaction can become coinstake, and wallet searches through all eligible transactions while minting. If I have multiple eligible transactions, which weight does it show, total weight?

MINT: MdPQhsGufjm5AXYkHebbnF2A155xDqVfK7
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April 30, 2014, 02:11:34 PM
Last edit: April 30, 2014, 02:23:17 PM by derrend
 #14136

that's huge! Just checked mine, it's 693M

I suggest you backup your wallet.dat, remove everything, and then redownload blockchain. I don't think it'll work if you just delete random files.

I'll be happy to know what files there are and their sizes, it shouldn't ever reach 18G, maybe we can identify its reason
The tail end of my debug.log looks like this:
Code:
InvalidChainFound: invalid block=414a52d34567fb31bd46  height=236098  trust=334503510004688  date=04/10/14 21:31:08
InvalidChainFound:  current best=8b4588eebf43692e4818  height=304122  trust=312398834893033  date=04/30/14 14:01:53
ERROR: SetBestChain() : Reorganize failed
ERROR: AcceptBlock() : AddToBlockIndex failed
ERROR: ProcessBlock() : AcceptBlock FAILED
received block eccf826887c103dc7df9
Postponing 10419 reconnects
REORGANIZE
REORGANIZE: Disconnect 84120 blocks; 76f0e51e12fa1dedecef..8b4588eebf43692e4818
REORGANIZE: Connect 5678 blocks; 76f0e51e12fa1dedecef..65d8640176c39de6053c
The contents of my database folder is listed as:
Code:
1,808 items, totalling 19.0 GB
It's rising fast :/
My db.log is no better:
Code:
Lock table is out of available lock entries
pthread readlock failed: Resource deadlock avoided
PANIC: Resource deadlock avoided
PANIC: fatal region error detected; run recovery
Lock table is out of available lock entries

UPDATE:
I stopped the mintcoind server and the database folder emptied itself. bizzare.
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April 30, 2014, 02:12:25 PM
 #14137

A lot of people are asking about the staking process. The "estimate" you are seeing displayed from the wallet should be taken about as seriously as Nostradamus' predictions. If you have a very small number of coins it is possible you will never stake or that it will take an extremely long time (weeks or months) for you to stake. If you want to stake faster, use coin control to combine your coins so they aren't spread out into many chunks attempting to all stake separately. Large chunks = more weight = faster staking.
How is the shown weight calculated? I know only a single transaction can become coinstake, and wallet searches through all eligible transactions while minting. If I have multiple eligible transactions, which weight does it show, total weight?

I believe it should show the weight for whichever chunk of coins in your wallet has the greatest likelihood of staking first.
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April 30, 2014, 02:15:49 PM
 #14138

I just got a low disk warning on my conputer and found that the 'database' folder in my '.mintcoin' folder has grown to over 18GB in size!
Is this normal or is it safe for me to delete some of this? Thanks Smiley

As the other poster said, my entire mintcoin folder is usually about 600-700mb in size. Something is very wrong with yours I believe.

However, do you know that you can tell your wallet to store the blockchain on a different hard drive? This helps with managing space if your main drive is getting full. You basically create a shortcut to the wallet's exe, and in the properties of the shortcut where it shows the file it is pointing to, add
Quote
-datadir="F:\storage\mintcoin chain"
at the end, leaving a space before the -datadir part
KaChingCoinDev
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April 30, 2014, 02:58:45 PM
 #14139

When did you buy those?
Mined them during POW. Sold some, held most of them, rebought some.

Man, I had rigs, but I decided to mine something else Sad. Coulda made a bunch of Mintcoins Sad
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April 30, 2014, 03:03:11 PM
 #14140

A lot of people are asking about the staking process. The "estimate" you are seeing displayed from the wallet should be taken about as seriously as Nostradamus' predictions. If you have a very small number of coins it is possible you will never stake or that it will take an extremely long time (weeks or months) for you to stake. If you want to stake faster, use coin control to combine your coins so they aren't spread out into many chunks attempting to all stake separately. Large chunks = more weight = faster staking.
How is the shown weight calculated? I know only a single transaction can become coinstake, and wallet searches through all eligible transactions while minting. If I have multiple eligible transactions, which weight does it show, total weight?

I believe it should show the weight for whichever chunk of coins in your wallet has the greatest likelihood of staking first.

My weight = 11 604 167
Network weight = 52 973 580
Expected time to earn reward = 2 minutes

Wallet open 24/7
Didn't stake in 2 days
It says 2 minutes all the time..

Mintcoin: MsFGc9atNN6DddEsQHiq7MgDieoSLwtmg5
InformationCoin: Je4ZhmQBSd68oZ7CeXWMrWEsyprTXAVFuX
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