[ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]

[cryptomommy]

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. 

[sambiohazard]

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

[sambiohazard]

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.

[Flyskyhigh]

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

[w4rr3n]

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

Any ideas how to solve this?

[MarSas]

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.

[w4rr3n]

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 even 50k wouldnt

edit 2: removing coin control seem to work lol Thanks MarSas!

[MarSas]

Could the problem be solved by defining a max amount of coins in a single transaction?

[w4rr3n]

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

[Flyskyhigh]

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 even 50k wouldnt

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.

[evok3d]

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.

[Flyskyhigh]

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

[sambiohazard]

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.

[presstab]

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.

[vanobe]

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 even 50k wouldnt

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

[jeremynsl]

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.

[hcf27]

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.

dont ask me why, but download the whitecoin wallet, open it .. close it, open mintcoin again and IT WORKS! lol..

[kiklo]

I have an issue with the wallet (1.17) on the computer I've been running it on for a year (windows 7 64bit), the splash screen loads up, it loads the block index etc. The UI then pops up and sits there in a Not responding state. This happened after the computer lost power while the wallet was open and unlocked for minting.

The debug.log isnt showing any errors, the daemon seems to be running fine in the background behind the UI (I can see it updating the blockchain correctly).

I've found a way to get it running by simply copying the data to another computer (also windows 7 64bit) and running an identical copy, it runs fine then. Which leads me to think it's likely a temporary file or something lying around on the original computer that's not in the data folder or the mintcoin program folder.

You need to download and run the whitecoin wallet, then close it and open your mint wallet and it will be ok, I know it seems odd, but it works!

When you do this, do you need to let the Whitecoin wallet sync completely before closing it out, or, will just running it for a bit, and then exiting work? I don't currently have any problems, just curiosity.

You just open it for like 15 seconds. Then go back to Mintcoin and it should work. I believe any Mintcoin clone coins can do the trick too.

Fixed it, I deleted the BitcoinURI file in the "C:\ProgramData\boost_interprocess\Select LastBootUpTime from Win32_OperatingSystem" folder

Okay great. How did you figure that out?

I used Process Explorer to view the handles used by mintcoin, ignoring dlls, files in the mintcoin folder and registry entries that left just one file Tested it on a fresh datadir just to be sure. I guess whitecoin etc. are using a more recent version of the boost library.

someguy4 answered that question,

 

[jeremynsl]

I deleted that Bitcoin URI file and it appears everything is fine!  What an obscure fix...  How would the average mintcoin user know that I have no idea.  Thanks though!

Another question: I have held Mintcoin in my wallet for about 18 months but have not ran the wallet that frequently.  Does that affect my minting of coins?  Do I still get the same amount minted regardless of how often I ran the wallet?

[litemaster]

I'm loving all the movement Mintcoin has been seeing #25 on coinmarketcap.com today. Sweet!!!