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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1295682 times)
iHashFury
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June 14, 2015, 06:24:33 PM
 #17921

Well its not absolutely necessary to be online 24/7. You will still get your rewards if you remain online for few hours but it will take longer to get your reward. Also you have to do something more than just sitting on your coins to get reward. I mean why even come online for a little time every 20 days, just get your rewards for creating a wallet. Current POS system is dumb, thats why i called it rent seeking as people aren't helping the network but keeping coins just to get free rewards.

I maintain three wallets that I take turns keeping up 24/7 I know there are several other community members that are keeping theirs up 24/7 as well.

24/7 wallet also.

Maybe we should ask the community who mints 24/7 ?

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June 14, 2015, 06:39:38 PM
 #17922

Well its not absolutely necessary to be online 24/7. You will still get your rewards if you remain online for few hours but it will take longer to get your reward. Also you have to do something more than just sitting on your coins to get reward. I mean why even come online for a little time every 20 days, just get your rewards for creating a wallet. Current POS system is dumb, thats why i called it rent seeking as people aren't helping the network but keeping coins just to get free rewards.

I maintain three wallets that I take turns keeping up 24/7 I know there are several other community members that are keeping theirs up 24/7 as well.

24/7 wallet also.

Maybe we should ask the community who mints 24/7 ?

You can see who has minted during the last 24 hours by using the block explorer's network page. Comparing today's results with tomorrow's results should give a rough indication how many people are staking 24/7.

Here's today's results.

https://chainz.cryptoid.info/mint/#!network

Node List for MintCoin Wallet:0.7.2
Seen by explorer wallet in the last 24hours:

addnode=104.131.103.232
addnode=104.173.205.55
addnode=104.236.127.154
addnode=105.237.84.26
addnode=106.186.28.243
addnode=106.68.26.233
addnode=108.28.111.73
addnode=109.195.220.234
addnode=109.235.190.6
addnode=109.236.85.42
addnode=116.225.63.96
addnode=118.211.193.53
addnode=121.216.243.9
addnode=125.237.57.107
addnode=125.45.131.93
addnode=128.61.78.142
addnode=137.186.74.99
addnode=139.218.3.96
addnode=14.18.25.109
addnode=141.237.1.108
addnode=151.224.210.161
addnode=154.43.167.35
addnode=155.210.85.36
addnode=162.223.107.74
addnode=162.248.99.164
addnode=167.114.156.87
addnode=173.245.157.138
addnode=173.3.11.64
addnode=173.30.236.87
addnode=173.48.179.177
addnode=174.137.79.81
addnode=174.62.75.38
addnode=174.91.248.181
addnode=176.120.60.140
addnode=178.158.146.102
addnode=178.17.123.110
addnode=178.201.96.41
addnode=178.218.117.66
addnode=178.62.63.139
addnode=180.189.145.142
addnode=185.42.242.115
addnode=187.201.107.215
addnode=188.134.72.213
addnode=188.165.2.147
addnode=188.165.82.233
addnode=188.227.114.21
addnode=188.27.185.176
addnode=192.241.169.123
addnode=192.99.15.77
addnode=192.99.6.207
addnode=193.210.230.168
addnode=195.160.253.7
addnode=198.100.147.145
addnode=198.144.158.45
addnode=199.241.145.219
addnode=2.26.182.11
addnode=202.160.35.202
addnode=204.11.237.233
addnode=208.104.57.53
addnode=209.236.83.8
addnode=212.79.110.106
addnode=213.30.156.2
addnode=217.122.4.184
addnode=217.23.180.138
addnode=221.206.141.86
addnode=23.113.201.151
addnode=23.120.44.144
addnode=24.93.172.1
addnode=37.145.123.254
addnode=37.44.88.142
addnode=37.48.113.81
addnode=39.55.188.149
addnode=45.48.78.77
addnode=46.132.188.9
addnode=46.188.0.71
addnode=5.167.164.31
addnode=5.175.90.5
addnode=50.133.13.62
addnode=54.221.245.218
addnode=54.84.186.96
addnode=58.60.243.19
addnode=65.121.181.71
addnode=66.49.248.51
addnode=66.49.250.173
addnode=67.161.191.64
addnode=67.186.227.32
addnode=67.212.200.218
addnode=68.100.234.180
addnode=68.190.26.107
addnode=69.118.24.197
addnode=69.171.129.68
addnode=70.117.111.164
addnode=70.71.56.186
addnode=71.1.72.83
addnode=71.1.8.242
addnode=71.184.242.17
addnode=71.194.82.48
addnode=71.220.73.107
addnode=71.56.203.88
addnode=71.64.152.220
addnode=71.85.0.88
addnode=71.90.215.93
addnode=72.241.7.181
addnode=72.94.158.217
addnode=73.169.177.4
addnode=75.133.225.232
addnode=75.159.140.92
addnode=75.84.184.198
addnode=76.186.190.13
addnode=76.21.26.146
addnode=77.131.12.229
addnode=77.23.90.191
addnode=77.66.33.209
addnode=78.14.250.77
addnode=78.153.34.2
addnode=78.194.158.202
addnode=78.61.48.176
addnode=79.156.200.173
addnode=79.159.168.138
addnode=79.166.107.182
addnode=79.209.66.58
addnode=79.209.75.168
addnode=80.174.154.233
addnode=80.216.20.115
addnode=80.93.113.146
addnode=81.162.54.10
addnode=81.204.71.126
addnode=81.37.24.18
addnode=82.154.121.31
addnode=82.69.7.141
addnode=83.221.186.81
addnode=83.248.3.126
addnode=83.36.210.64
addnode=83.80.244.106
addnode=84.105.11.242
addnode=84.113.211.94
addnode=84.120.96.171
addnode=85.3.194.145
addnode=85.53.41.123
addnode=85.7.49.138
addnode=86.21.96.45
addnode=86.57.249.165
addnode=86.86.14.127
addnode=87.167.26.143
addnode=87.167.5.168
addnode=87.222.28.135
addnode=87.244.72.59
addnode=88.23.88.227
addnode=88.3.232.194
addnode=90.26.50.158
addnode=90.56.105.193
addnode=91.121.177.181
addnode=91.124.22.190
addnode=91.134.33.136
addnode=91.205.239.37
addnode=92.109.237.243
addnode=92.247.232.111
addnode=92.98.48.49
addnode=93.103.73.244
addnode=93.139.110.197
addnode=93.153.9.218
addnode=93.189.2.18
addnode=93.46.214.239
addnode=93.81.204.122
addnode=94.209.33.80
addnode=94.219.201.184
addnode=94.219.98.89
addnode=94.226.187.230
addnode=95.153.94.229
addnode=95.22.7.100
addnode=95.30.194.254
addnode=95.52.120.165
addnode=98.115.147.74
addnode=98.228.231.164
addnode=98.237.46.60
addnode=99.236.160.199
addnode=99.44.133.22

Node List for Mintcoin Wallet:1.05
Seen by explorer wallet in the last 24hours:

addnode=110.32.108.134
addnode=70.208.6.172
Rent_a_Ray
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June 14, 2015, 07:00:47 PM
 #17923


You can see who has minted during the last 24 hours by using the block explorer's network page. Comparing today's results with tomorrow's results should give a rough indication how many people are staking 24/7.

Here's today's results.

https://chainz.cryptoid.info/mint/#!network

It shows the number of clients seen by fairglu's daemon during the last 24hours.
It says nothing about minting / online status / online time.

Btw. next Mintcoin version should get another client / protocol version. It would be nice to see on which version the people are.
Example: https://chainz.cryptoid.info/zeit/#!network

Cheers,
Ray
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June 14, 2015, 09:44:54 PM
 #17924


You can see who has minted during the last 24 hours by using the block explorer's network page. Comparing today's results with tomorrow's results should give a rough indication how many people are staking 24/7.

Here's today's results.

https://chainz.cryptoid.info/mint/#!network

It shows the number of clients seen by fairglu's daemon during the last 24hours.
It says nothing about minting / online status / online time.

Btw. next Mintcoin version should get another client / protocol version. It would be nice to see on which version the people are.
Example: https://chainz.cryptoid.info/zeit/#!network

Cheers,
Ray

Currently 2.2% of the wallets are staking
https://chainz.cryptoid.info/mint/#!extraction

I have seen it as high as 9%.

Also please see the latest podcast discussing current bounties and let us know if there is anything else you believe should be in there.

Personally I believe Mintcoin is a great PoS. I have conducted thousands of transactions over the years and am always in awe in how fast the transactions are received and approved. I had one single transaction that glitched about 6 months ago while beta-testing one of our versions and it was fixed and released within a day.

Every now and then I recommend migrating to new wallet with fresh addresses just because if you run allot of transactions the wallet tends to get a little heavy in loading time. (I have done it once and the difference is amazing)

From a technical support aspect I have had maybe 4 cases where I needed development assistance and that was because the operating system was not windows.

I also had one windows case where we found that the windows system needed to be reformatted due to a Windows upgrade.

Considering the number of wallets out there I believe those numbers are impressive in itself.

I have heard the argument of PoS not being secure in the past and after research and testing Mintcoins wallet on a daily basis I personally am not concerned (I am also not a wallet security expert by any means).

Which is why I believe it is important to have an open discussion regarding the wallet and understand the technical security side of the current PoS system. 

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June 15, 2015, 01:19:21 AM
 #17925

This is what i am worried about. A person on #277 on rich list has 50%. Sad

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June 15, 2015, 01:24:06 AM
 #17926

Well its not absolutely necessary to be online 24/7. You will still get your rewards if you remain online for few hours but it will take longer to get your reward. Also you have to do something more than just sitting on your coins to get reward. I mean why even come online for a little time every 20 days, just get your rewards for creating a wallet. Current POS system is dumb, thats why i called it rent seeking as people aren't helping the network but keeping coins just to get free rewards.

I maintain three wallets that I take turns keeping up 24/7 I know there are several other community members that are keeping theirs up 24/7 as well.
That is commendable!! but not enough because again those members as a % of total coins are just 3-5%. I wonder who are the guys on rich list holding such big amounts & invested a lot in coin but dont stake.

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Ezekiel 34:11, John 10:25-30


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June 15, 2015, 04:02:37 AM
 #17927

Well its not absolutely necessary to be online 24/7. You will still get your rewards if you remain online for few hours but it will take longer to get your reward. Also you have to do something more than just sitting on your coins to get reward. I mean why even come online for a little time every 20 days, just get your rewards for creating a wallet. Current POS system is dumb, thats why i called it rent seeking as people aren't helping the network but keeping coins just to get free rewards.

I maintain three wallets that I take turns keeping up 24/7 I know there are several other community members that are keeping theirs up 24/7 as well.
That is commendable!! but not enough because again those members as a % of total coins are just 3-5%. I wonder who are the guys on rich list holding such big amounts & invested a lot in coin but dont stake.

They could be lost coins. Due to issues in the past, such as mintpal, billions could be lost. That would really affect the % of total coins staking. Some maybe gone forever

Sick of mining?  Start minting!  5% per year!  Mintcoin "MINT"
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June 15, 2015, 05:14:50 AM
 #17928

Hi guys I would like to migrate wallet but this keeps happening
http://i.imgur.com/ReFT7BQ.png

Any ideas how to solve this?
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June 15, 2015, 05:46:08 AM
 #17929

Happened to me with other wallets. Do you have a large number of small transactions? Reduce the number of coins you try to send to a new address.
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June 15, 2015, 06:04:04 AM
 #17930

Happened to me with other wallets. Do you have a large number of small transactions? Reduce the number of coins you try to send to a new address.
have tried 500k now trying 100k man this will take a long time to migrate

edit: 100k dont work too Sad even 50k wouldnt Sad

edit 2: removing coin control seem to work lol Thanks MarSas!
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June 15, 2015, 07:03:43 AM
 #17931

Could the problem be solved by defining a max amount of coins in a single transaction?
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June 15, 2015, 10:35:02 AM
 #17932

Could the problem be solved by defining a max amount of coins in a single transaction?
I was not able to work it out with advanced coin control tree no matter how little i select, disabling it allows a max 2mil transaction so far
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June 15, 2015, 01:46:06 PM
 #17933

Just wanted to let everyone in here know about our dedicated staking hardware. Save electricity, and increase your coin's security, get them off of your home computer, and onto the StakeBox. Check it out at stakebox.com. Go ahead, get your long term support cred, buy the device meant to stake your coins for the long haul.

Seems expensive for a staker.
Half price and even better:  http://blockchaintechs.com/

And they even have a contest going.  (only 3 days left!!)
You can win a free staker for as little as 1 entry.
Super cheap, as you can grab some for only 900 satoshi right now!!!!
What a deal!!

http://contest.blockchaintechs.com/

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Ezekiel 34:11, John 10:25-30


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June 15, 2015, 09:11:48 PM
 #17934

Happened to me with other wallets. Do you have a large number of small transactions? Reduce the number of coins you try to send to a new address.
have tried 500k now trying 100k man this will take a long time to migrate

edit: 100k dont work too Sad even 50k wouldnt Sad

edit 2: removing coin control seem to work lol Thanks MarSas!
Try taking off coin control, and send a lesser amount. I think this happens if some coins are trying to mint or recently minted.
I think there is also a way to turn off minting with a wallet setting, but I dont know how to do that.

Sick of mining?  Start minting!  5% per year!  Mintcoin "MINT"
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June 16, 2015, 09:43:43 AM
 #17935

Hi mates,

Comkort is closing down in a few days and i didnt want anything to go to waste so i sent 600 or so MINT coins to the bounty address on the OP:

Withdrawal amount: 696.27467921 MINT
Address: Mt6nEG8Pp7kyimcHEp3gFqdjDPQqXas5Ae
Transaction id: 597dd942b6119ed98b658d907b29fe73ec8bfcc523820857653e1ffca68a8286

Cheers.

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Ezekiel 34:11, John 10:25-30


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June 17, 2015, 05:52:07 AM
 #17936

FYI, looks like the extraction rate jumped up to 15.9%. Anyone notice?

Sick of mining?  Start minting!  5% per year!  Mintcoin "MINT"
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June 18, 2015, 12:00:49 AM
 #17937

FYI, looks like the extraction rate jumped up to 15.9%. Anyone notice?

Is staking also a Poisson/probability process with flutuations which average out to a mean, like 15% interest in this case? If yes then that can explain the high staking rate.

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June 18, 2015, 02:45:30 PM
 #17938

Hey MINTers! I really want to add mintcoin to my new PoS chain analysis site, but am out of RAM basically. For an old coin like mint that has over 1m blocks and multiple blocks a minute, I will need to deploy a new VM. Would anyone here be interested in having mint on presstab.pw. You can see an example of what it would look like at hyp.presstab.pw. It would probably be about 0.3 btc for 6 months. Thats basically my cost, I am really looking to have full coverage on the best PoS coins and would really love to have MINT.

presstab's Block Explorer Service | Only $10/mo for most coins! | Richlist w/ Address Claim | Market Cap Charts | Stake Weight Tracking | PoS % Rate Tracking
PIVX - Private Instant Verified Tx | HyperStake - Fun & Easy High Reward Staking
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June 19, 2015, 05:49:01 PM
 #17939

Happened to me with other wallets. Do you have a large number of small transactions? Reduce the number of coins you try to send to a new address.
have tried 500k now trying 100k man this will take a long time to migrate

edit: 100k dont work too Sad even 50k wouldnt Sad

edit 2: removing coin control seem to work lol Thanks MarSas!
Try taking off coin control, and send a lesser amount. I think this happens if some coins are trying to mint or recently minted.
I think there is also a way to turn off minting with a wallet setting, but I dont know how to do that.

I think you have to click help, then debug to get the debug window to open.

After that you type this into the debug window and press enter.

-setgenerate false

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June 20, 2015, 06:12:59 PM
 #17940

Hey all,

I posted this on the Mintcoin support forum yesterday but there doesn't seem like much traffic going on there.  I'm having some serious problems getting Mintcoin synced and would appreciate any help.

I’ve been trying to sync my wallet for the last few days. First I updated to the latest 1.17 on Windows 7. It took a few days and finally I was 80% done last night. I woke up today and the wallet had crashed. Restarting it resulted in more crashes. I tried starting it with -rescan but it still crashed.

I deleted the whole blockchain folder except my wallet.dat and then downloaded the official blockchain with Bittorrent sync. I added that folder. The client still crashes. I tried -rescan. Same thing.

The only way I can get the client not to crash is to delete the entire blockchain. But then I’m sure it will likely crash once it gets to 80% synced again.

I’m at a total loss here.  Any advice would be awesome.
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