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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1294804 times)
killerjoegreece
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Translations from English to Greek of ANN threads


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June 17, 2016, 06:19:38 PM
 #19521

Mint us up 50.59%  Grin Grin

thats great news sir

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CosaNostra
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June 17, 2016, 07:22:37 PM
 #19522

Mint is up 50.59%  Grin Grin

It's a great coin, so no wonder!
With a little effort it will skyrocket  Wink

coolbeans94
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Mintcoin: Get some


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June 17, 2016, 11:46:36 PM
 #19523

Note: I have been working hard the last several days to present all this information. I just became aware there was a notable price spike today, June, 17th 2016.  I'll do another analysis in the future; however, I based this analysis and stats on June 15, 2016 and I am not going to redo all the work I just did. This is for informational purposes and for the MINT community to use.

MINTCOIN:    Financial & Statistical Analysis, as of June 15, 2016:

Coin Launch Date: February 06, 2014
Age Since Launch: 2.3 Years
Block Count: 2.6-Million
Coin Count: 23.2-Billion
Coins Generated by Proof-of-Work: 18.6-Billion (P-O-W Mining ended March 9, 2014)
http://i.imgur.com/CbS1xA1.png
Coins Generated Since Conversion to Full Proof-of-Stake: 4.6-Billion
Annual Proof-of-Stake Minting Reward Rate: 10%
Estimated Days Since Last Rate Change: 178 Days
Current Average New Coins Added to the Coin Count Per Day: 3.4-Million
Percentage of Coins in the Coin Count Actually Minting: 55%
Actual Annual Rate of Increase in the Coin Count: 5.5%
http://i.imgur.com/G2pZJVd.png
Price Per Coin: $0.000057USD, 0.00000009BTC
Market Capitalization: $1,322,400USD, 2,083BTC
Price change in last 365 days: +54% in $USD.
http://i.imgur.com/z5THRSR.png

(1.) Moral happiness depends upon moral order.
(2.) Moral order depends upon the harmonious action of all our powers, as
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Derek492
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June 18, 2016, 06:44:02 PM
 #19524

So I guess a flaw was discovered and exploited in ETH and DAO that is why they are crashing today.

MINT unaffected. Going strong now almost 2.5 years!


Stop Mining.   Start Minting.   Mintcoin  [MINT]
5% annual minting reward. Mintcoins don't wear out like mining gear. They keep on minting!
cryptomommy
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June 18, 2016, 06:49:53 PM
 #19525

So I guess a flaw was discovered and exploited in ETH and DAO that is why they are crashing today.

MINT unaffected. Going strong now almost 2.5 years!


Oh snap!
http://www.livebitcoinnews.com/dao-attacker-says-3m-ether-loss-is-legal/
a_cat_named_joe
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June 19, 2016, 11:02:02 AM
 #19526

Any news on solving the blockchain bloat problem that affects all cryptos eventually?

I know that some of you Mint guys are at the forefront in finding a solution.
crzybilly
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June 20, 2016, 03:36:44 AM
 #19527

Any news on solving the blockchain bloat problem that affects all cryptos eventually?

I know that some of you Mint guys are at the forefront in finding a solution.

glad you understand that mint isnt the only affected one by this... i will tell you it is being worked on for 2.1 push which is why it is taking so long
Arrakeen
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Offer escrow, receive negative trust


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June 20, 2016, 03:42:30 AM
 #19528

Any news on solving the blockchain bloat problem that affects all cryptos eventually?

I know that some of you Mint guys are at the forefront in finding a solution.

glad you understand that mint isnt the only affected one by this... i will tell you it is being worked on for 2.1 push which is why it is taking so long

How do you know such a huge problem is being fixed?

Additionally, the solution won't be solved through a random coin's code alone; this is a multi-layered issue. Tongue
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June 20, 2016, 04:13:58 AM
 #19529

Any news on solving the blockchain bloat problem that affects all cryptos eventually?

I know that some of you Mint guys are at the forefront in finding a solution.

glad you understand that mint isnt the only affected one by this... i will tell you it is being worked on for 2.1 push which is why it is taking so long
I will look forward to 2.1 ... as no doubt will the Devs of other coins that have been around for a similar time.
Derek492
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June 20, 2016, 04:33:58 AM
 #19530

Any news on solving the blockchain bloat problem that affects all cryptos eventually?

I know that some of you Mint guys are at the forefront in finding a solution.

glad you understand that mint isnt the only affected one by this... i will tell you it is being worked on for 2.1 push which is why it is taking so long

How do you know such a huge problem is being fixed?

Additionally, the solution won't be solved through a random coin's code alone; this is a multi-layered issue. Tongue
I think he is part of the MINT dev team, so that's how he would know. It has been a topic of discussion a lot in this Thread before too.
MINT has over 2.6-million blocks, so we are definitely aware and awake. We are not just some random coin. We are dedicated group. Crypto enthusiasts and we focus on the nitty gritty for optimal long-term coin design, more than trying to just hype our coin to the top of the charts. This is a marathon not a sprint. The coin is completely unbacked by any company or centralized institution. Mintcoin was forged as a result of community rallying behind it because we see it has a bright future. Our coin parameters and design are unique from any other coin. Many clone coins have descended from MINT. As I understand it, Mintcoin was the first coin of its type, the first coin launched that is full POS now that started as full POW for the initial distribution.

Stop Mining.   Start Minting.   Mintcoin  [MINT]
5% annual minting reward. Mintcoins don't wear out like mining gear. They keep on minting!
Flyskyhigh
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Ezekiel 34:11, John 10:25-30


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June 30, 2016, 01:16:13 AM
 #19531

Hey! What's new?

What is everyone's plan for the halving coming up at the end of the year? Buy more now? Sell while the rate is higher? Wait to buy later for if people dump after the halving?
New coins being minted will be cut in half, so it will be even harder to accumulate a larger pile of coins. What effect do you think this has?
I tend to think some people might dump when the rate goes down, if they expect a price rise and it doesn't happen right away, and then, the very act of them dumping, will cause the price to drop more, and really discourage people, but this will be the best opportunity. This will really shake out the weak hands, but then I think the price will turn around and go up more steadily and they will have regretted it. 
Anyway, keep up the good work! This coin is excellent. It is nice to mint more, and more each month, it is like automatically reinvesting mining operations.

Sick of mining?  Start minting!  5% per year!  Mintcoin "MINT"
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my magic is growing strong[er]


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June 30, 2016, 06:33:15 AM
 #19532

I like POS but not seen MINT, only now. I should get some MINT I think, and start minting.

FREEDOM
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Ezekiel 34:11, John 10:25-30


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July 01, 2016, 02:40:48 AM
 #19533

I like POS but not seen MINT, only now. I should get some MINT I think, and start minting.

Really? You haven't seen MINT until now? MINT is one of the oldest POS coins. It was the first POS coin to be launched originally starting out as POW for the initial distribution. Takes a while to download the blockchain, but there is a bootstrap and it is a very fast transaction coin. Price tends to be more stable than a lot of others and retain it's value over the years. It has good reliable POS design so that a lot of people can participate in the POS process and get minting. It takes 20 days before coins mature for minting.

Sick of mining?  Start minting!  5% per year!  Mintcoin "MINT"
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July 01, 2016, 06:55:50 AM
 #19534

I made a countdown for the final annual reward halving to 5% for Mintcoin here: http://www.arewethere.yt/MINTCOIN-HALVING/46815.htm#.V3YKwDHLf_o

I noticed that some of the information on the front page of this thread needs to be updated.
On the Announcement Page under the "Mintcoin: Year 1 Minting Statistics"... a lot of that is outdated now. Do you think we should put up more relevant info?

For example maybe it should say should say "Mintcoin: Recent Minting Statistics" and use some of the more updated info like For example (some of the stats from coolbeans' a few posts back)


Mintcoin: Recent Minting Statistics

~Mintcoin Original Launch Date: February 06, 2014
The following stats are based on current information as of June 15th 2016:
~Block Count: 2.6-Million
~Coin Count: 23.2-Billion
~Current minting block reward rate is 10% annually
~Minting participation rate is currently at: 55%
~Annual increase in the money supply of currently: 5.5%
http://i.imgur.com/G2pZJVd.png
~Average of about 3.4-million new coins per day being minted currently
~Price Per Coin: $0.000057USD, 0.00000009BTC
~Market Capitalization: $1,322,400USD, 2,083BTC
~Price change in last 365 days: +54% in $USD.
~Expected Halving: December 2016 http://www.arewethere.yt/MINTCOIN-HALVING/46815.htm#.V3YRyDHLf_p



And also the Faucet Link needs to be updated on the front page. multifaucet link is broken need to change to cryptoguru
http://[Suspicious link removed]/Faucet/index.php?Currency=MINT
Donate to Faucet:MXNH23juP3k44wZLPNMc485BucZ3TfNbAE

Better is the patient in spirit than the proud.
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July 01, 2016, 04:27:03 PM
 #19535

Tubularwindow thanks for creating the countdown and pointing out that coolbeans data should be added to op.  Faucet also updated.
Derek492
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July 05, 2016, 02:29:19 PM
 #19536

Happy Independence Day. Keep on minting my friends!

Stop Mining.   Start Minting.   Mintcoin  [MINT]
5% annual minting reward. Mintcoins don't wear out like mining gear. They keep on minting!
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July 05, 2016, 10:37:16 PM
 #19537

It's strange how unlike with mining, a reward halving for minting can be so unpredictable.

The new supply will be lower, but buying coins to mint will be less effective and thus will be in less demand.

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July 06, 2016, 12:27:30 AM
 #19538

Any news on solving the blockchain bloat problem that affects all cryptos eventually?

I know that some of you Mint guys are at the forefront in finding a solution.

I actually have been working on some code to take care of this. Haven't put a lot of time into it lately though, I don't have much incentive too, but I would guess I am 75% of the way to a beta version of the code.

presstab's Block Explorer Service | Only $10/mo for most coins! | Richlist w/ Address Claim | Market Cap Charts | Stake Weight Tracking | PoS % Rate Tracking
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July 06, 2016, 12:28:25 AM
 #19539

I just discovered MINT.

From my understanding, the current minting is 5%, right ?

How will it be after halving? Really half the current % ?

                                 
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MintyAllDay
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July 06, 2016, 12:37:52 AM
 #19540

buying coins to mint will be less effective and thus will be in less demand.

Everyone has their own opinion.  Wink

I actually have been working on some code to take care of this.

Nice to see presstab in the mint thread again.  Smiley

From my understanding, the current minting is 5%, right ?

Current is 10%.  Moving to 5% next halving.

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