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

[duplan]

I've lost a large sum of Mintcoin on Mintpal. After that, I've received an email from some guy who was trying to get the funds and asking for info to give back the coins.

did anyone received this email as well?

No not that I know of.
The last I officially heard from the exchange was when they were on IRC trying to "resolve" the issues. The hired help was having issues installing the wallet on the new exchange. I believe it is safe to say those coins are long gone.

Many month after the mintpal disaster I got my MINT's back , about 11M , via that recovery section on the mintpal site itself .

Hi , cryptomommy ; it doesn't look like cryptsy is getting their act together , still adding new ones but not caring about the established

[1714029472]

1714029472

[1714029472]

1714029472

[MarSas]

Many month after the mintpal disaster I got my MINT's back , about 11M , via that recovery section on the mintpal site itself .

Mintpal still has a site?

[Blawpaw]

I've lost a large sum of Mintcoin on Mintpal. After that, I've received an email from some guy who was trying to get the funds and asking for info to give back the coins.

did anyone received this email as well?

No not that I know of.
The last I officially heard from the exchange was when they were on IRC trying to "resolve" the issues. The hired help was having issues installing the wallet on the new exchange. I believe it is safe to say those coins are long gone.

Many month after the mintpal disaster I got my MINT's back , about 11M , via that recovery section on the mintpal site itself .

Hi , cryptomommy ; it doesn't look like cryptsy is getting their act together , still adding new ones but not caring about the established

Well I asked for my coins through that same site and never got to see them. I know that some coins were effectively returned but many others weren't

[duplan]

Many month after the mintpal disaster I got my MINT's back , about 11M , via that recovery section on the mintpal site itself .

Mintpal still has a site?

It is not online anymore , the domain seems to be for sale . I got mine back a year ago , only the MINT's , I had also another one , which I did not get back : MIN

[cryptomommy]

Many month after the mintpal disaster I got my MINT's back , about 11M , via that recovery section on the mintpal site itself .

Mintpal still has a site?

It is not online anymore , the domain seems to be for sale . I got mine back a year ago , only the MINT's , I had also another one , which I did not get back : MIN

Thats too bad. I knew it was happening; however can only rely on 3rd party sources and my conversations with their developers at the time. (I never have mint on the exchanges unless I am getting ready to make a transaction)

One of the reasons I love Mint so much is how fast the verification process is between exchange and wallet in combination of the minting capacity. 20% of allot is allot more

[ShapeShift.io]

ShapeShift has added a buy/sell feature to the real time market data website CoinCap.io! You can now buy or sell Mintcoin straight from the market data website. Learn more about this here: http://bit.ly/1UVFZ7m

[Fuzzbawls]

ShapeShift has added a buy/sell feature to the real time market data website CoinCap.io! You can now buy or sell Mintcoin straight from the market data website. Learn more about this here: http://bit.ly/1UVFZ7m

Good stuff!

I was wondering, though, if the limit could be raised for buying MINT. Currently it is hovering around ~0.03-0.05 BTC.

[kiklo]

FYI:  

Looks like Mint is out of maintenance on cryptsy.

 

[arandy]

FYI:  

Looks like Mint is out of maintenance on cryptsy.

 

Good things, took them long enough 

[Flyskyhigh]

Wohoo!

[arandy]

Does anyone know @ which block the interest will drop down exactly?
Expecting some action in the week before that

[MarSas]

Good question. I hope someone knows the answer.

[cryptomommy]

Good question. I hope someone knows the answer.

The last estimate I heard was October / November - CoolBeans seems to be the man with the most accurate estimates in this area though

[kiklo]

Good question. I hope someone knows the answer.

The last estimate I heard was October / November - CoolBeans seems to be the man with the most accurate estimates in this area though

Best Guess.  
Answer depends on how fast new blocks are found.

After Block # 2102400 , Mint will start 10% rate.
Current  ~ # 1892244 ,

If Mint average 3 blocks per minute 3 blocks * 60 minutes =180 blocks per hour
180 blocks *24 hours = 4320 per day
2102400-1892244= 210156 blocks until change
210156 blocks /4320 blocks per day= 48 days

However if Mint average only 2 blocks per minute , then
2 blocks * 60 minutes =120 blocks per hour
120 blocks *24 hours = 2880 blocks per day
2102400-1892244= 210156 blocks until change
210156 blocks /2880 blocks per day= 72.9 days

So you are looking at the change happening somewhere between 48 & 72.9 days from now.
But the block # the change will occur at is #2102400 .

 

FYI:
Final 5% rate starts at block #3153600.

[cryptomommy]

Good question. I hope someone knows the answer.

The last estimate I heard was October / November - CoolBeans seems to be the man with the most accurate estimates in this area though

Best Guess.  
Answer depends on how fast new blocks are found.

After Block # 2102400 , Mint will start 10% rate.
Current  ~ # 1892244 ,

If Mint average 3 blocks per minute 3 blocks * 60 minutes =180 blocks per hour
180 blocks *24 hours = 4320 per day
2102400-1892244= 210156 blocks until change
210156 blocks /4320 blocks per day= 48 days

However if Mint average only 2 blocks per minute , then
2 blocks * 60 minutes =120 blocks per hour
120 blocks *24 hours = 2880 blocks per day
2102400-1892244= 210156 blocks until change
210156 blocks /2880 blocks per day= 72.9 days

So you are looking at the change happening somewhere between 48 & 72.9 days from now.
But the block # the change will occur at is #2102400 .

 

FYI:
Final 5% rate starts at block #3153600.

kiklo has mad skills

[coolbeans94]

After Block # 2102400 , Mint will start 10% rate.

Final 5% rate starts at block #3153600.

How did you come up with those specific block numbers? What methodology are you using to calculate and determine that?

Right now, according to my revised estimates, the 10% annual rate will start around ~November 3rd

Last time, the blockchain froze when this happened... and Supasonic patched it really quickly and we moved on. Is the blockchain freezing to be expected again this time, or is that all completely patched now?

[kiklo]

After Block # 2102400 , Mint will start 10% rate.

Final 5% rate starts at block #3153600.

How did you come up with those specific block numbers? What methodology are you using to calculate and determine that?

Right now, according to my revised estimates, the 10% annual rate will start around ~November 3rd

Last time, the blockchain froze when this happened... and Supasonic patched it really quickly and we moved on. Is the blockchain freezing to be expected again this time, or is that all completely patched now?

Source Code : Begins at line #970
https://github.com/MintcoinCommunity/Mintcoin-Desktop-Wallet/blob/462c3ef6e41a8eeb65c357f3b41c92f38a09f16b/src/main.cpp
__________________________________________________________
// miner's coin stake reward based on nBits and coin age spent (coin-days)
// simple algorithm, not depend on the diff
const int YEARLY_BLOCKCOUNT = 1051200;   // 365 * 2880
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;
_____________________________________________________________________________
2*1051200 = 2102400
3*1051200 = 3153600

The Freeze up was caused by a quirk from the PoW Phase to the best of understanding and should not effect , the future interest rate changes. Roboguy fixed that problem after Rent_A_Ray helped him.
PressTab fixed the timewarp problem. To be honest ,  Supasonic has not fixed any major issues yet, but he has made a lot of commits to the source code.

However always wise to keep an eye on the explorers when that block # hits just to be safe.

Right now, according to my revised estimates, the 10% annual rate will start around ~November 3rd
If the blockchain keeps 3 blocks per minute that is 45 days from yesterday , and technically our numbers ~ match (~3 days difference). But it is dependent on the blocks generated when Mint arrives at the block #, but the block # itself is predefined in source code.

 

[4x13]

What are the optimum block/input sizes for MINT Staking?

[Fuzzbawls]

What are the optimum block/input sizes for MINT Staking?

I'd recommend a minimum of 100k for block sizes if you want to stake quickly after reaching block maturity

[4x13]

is there a bootstrap or a downloadable copy of the blockchain for MINT?? it is really slow syncing..