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

[coolbeans94]

Happy 3rd Birthday Mintcoin!


I'll push out some updated statistics next month, around the date of March 9th, which is the date we hit the 3-year mark of being a pure PoS (Proof of Stake) coin. Remember, before ASICs came out, Mintcoin was launched as PoW (Proof of Work) for several weeks for its initial distribution. Therefore, the best minting statistics I can derive are based on the time after when all the proof of work phase was completed.

Here's to more years to come  

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[batesresearch]

Happy 3 years minters!  

I'll be updating sites and social channels thru the next few days to reflect some of the surprises we're introducing on this glorious day.

2.  We're happy to be sponsoring CoinFestUK 2017.  If you attend, there's a good chance you'll receive a complimentary Mint Card.  You can see our sponsorship listed at https://coinfestuk.org/partnerships

Awesome to have you guys on board - looking forward to seeing the Mint Cards!

[Wonders]

HAPPY BIRTHDAY "3 YEARS OLD" to MINTcoin!!!!!!!!!   ...   

THANK YOU SO MUCH to "MINTcoin TEAM" and EVERYONE!!!!!!!!!   ...   



( I have a lot to say, but I can not communicate in English, so sorry!!! ... )

[MirkoIta]

Happy third birthday Mintcoin!!! It's great to see a dev team commited to a crypto project and that is shown in the network working for 3 years without any major issue.

[Flyskyhigh]

Why is is there a cap or limit on the number of coins you can send in 1 transaction? Isn't this a bad limitation? Like you can't just move 100m coins or $4000  or more of value without breaking the transaction up into several transactions?

[Fuzzbawls]

Why is is there a cap or limit on the number of coins you can send in 1 transaction? Isn't this a bad limitation? Like you can't just move 100m coins or $4000  or more of value without breaking the transaction up into several transactions?

The absolute maximum "number" of coins allowed in a single transaction is 70 billion. However, there are transaction and block size limits that govern how much data can be included in each transaction and block.  If you're having trouble sending a large amount, it is almost certainly due to these size limits and not the arbitrary hard cap.

[rokkyroad]

Happy BD Mintcoin!!

You were one of my first loves and you treated me fine.

[Flyskyhigh]

Why is is there a cap or limit on the number of coins you can send in 1 transaction? Isn't this a bad limitation? Like you can't just move 100m coins or $4000  or more of value without breaking the transaction up into several transactions?

The absolute maximum "number" of coins allowed in a single transaction is 70 billion. However, there are transaction and block size limits that govern how much data can be included in each transaction and block.  If you're having trouble sending a large amount, it is almost certainly due to these size limits and not the arbitrary hard cap.

Okay. Are those transaction and block size limits the ones based on average block sizes, so they can change over time? I remember reading something with related to bitcoin about something like there is a limit based on the average transaction size or something.

[Flyskyhigh]

Anything new going on? How has new wallet tests been going?

[Fuzzbawls]

Anything new going on? How has new wallet tests been going?

plenty of new things going on! Don't always have the time or prepared formal statements to post them all here, though you can hit is up on slack for a more informal discussion. The TestNet is running well with the 2.0.3RC client but I have had to take some time away from 2.1 updates/testing this past week to attend to other work.

[MintyAllDay]

Anything new going on? How has new wallet tests been going?

Preparing the new Mint Cards for print.

Very rough but working version of the new Mint Shop is online at mintymintcoin.com selling plant seeds.  Related Mint Shop announcements will come from @MintcoinShop on Twitter.

[carlo_0000]

my wallet is not working, i run it 24 hour a day

first it use a full core of my cpu, so it s very slow to use not great
2nd the blockchain is always sync because it s behind couple of hours
but it was always minting , lot of rejected but there are accepted also so it stay like that for long time

now i tried to send to cryptopia, tried lot of time but to big amount it failed or it s say confilct with alredy spend coins
i did wallet repaid few times
i finally send 2 x 10000 mint  couple of days ago, they got lot of confirmation but never arrive on cryptopia

if i check this block explorer, https://prohashing.com/explorer/Mintcoin/
than look like there was no activity on my wallet sins october 2016  

looks like i m on a fork

so i start up the wallet my wallet on my other computers, it was couple of month behind, toke some time to catch up
but i end with the same problem

so i decide to download the boot trap , but not sure if it s working, it was importing the boot trap sins 2 days, so i decide to kill the cpu process and start again , but 3 days alter it still importing the boot trap,  why is it so slow, even bigger wallet take lot less time
my big bitcoin wallet do it even faster and there is 60gigas more

i also re add some nodes but not helping to get on the right chain

i m gonna start a fresh one with the nodes listed on cryptopia

[bizzargin]

Anyone have any suggestions how to get this coin "rebooted" again?   There seems to be little to no activity other than hold and collect more coins.  This seems detrimental to the coin at this point without and liquidity and coins changing hands. 

How can we promote this coin to start changing hands?

[Fuzzbawls]

Anyone have any suggestions how to get this coin "rebooted" again?   There seems to be little to no activity other than hold and collect more coins.  This seems detrimental to the coin at this point without and liquidity and coins changing hands. 

How can we promote this coin to start changing hands?

I guess you've only been paying attention to exchange liquidity and have missed the announcements of physical trading cards, the announcement of the mintcoin seed market, and the testnet announcement

[coolbeans94]

my wallet is not working, i run it 24 hour a day

first it use a full core of my cpu, so it s very slow to use not great
2nd the blockchain is always sync because it s behind couple of hours
but it was always minting , lot of rejected but there are accepted also so it stay like that for long time

now i tried to send to cryptopia, tried lot of time but to big amount it failed or it s say confilct with alredy spend coins
i did wallet repaid few times
i finally send 2 x 10000 mint  couple of days ago, they got lot of confirmation but never arrive on cryptopia

if i check this block explorer, https://prohashing.com/explorer/Mintcoin/
than look like there was no activity on my wallet sins october 2016  

looks like i m on a fork

so i start up the wallet my wallet on my other computers, it was couple of month behind, toke some time to catch up
but i end with the same problem

so i decide to download the boot trap , but not sure if it s working, it was importing the boot trap sins 2 days, so i decide to kill the cpu process and start again , but 3 days alter it still importing the boot trap,  why is it so slow, even bigger wallet take lot less time
my big bitcoin wallet do it even faster and there is 60gigas more

i also read some nodes but not helping to get on the right chain

i m gonna start a fresh one with the nodes listed on cryptopia

-What version of the Client are you running?
-What operating system?
Mintcoin has about 7x as many blocks as Bitcoin, and generates 2,880 new blocks per day, so it is going to take time to synchronize, and uses a bit more CPU when trying to catch up. My guess is, even with the lastest bootstrap from January 4th 2017, it may be a couple days of running to get fully synced up.
Recommended System Requirements:
-1 Ghz+ available CPU
-2 GB+ available RAM
-Stable/moderate to high speed internet connection

EDIT:
Also, you can check on the peers you are connected to in your client by going to
Help > Debug Window > Console
then type 'getpeerinfo' and hit enter. It should show you what versions and blocks the peers you are connected to are on.
Alternatively, you can check the current peers list in the last 24 hours at http://www.fuzzbawls.pw/explore/MintCoin/network.php
Look at the list of peers running the current version /MintCoin:2.0.2/ by clicking 'Nodes'

[coolbeans94]

Anyone have any suggestions how to get this coin "rebooted" again?   There seems to be little to no activity other than hold and collect more coins.  This seems detrimental to the coin at this point without and liquidity and coins changing hands.  

How can we promote this coin to start changing hands?

Well, I can see what you're saying on the one hand. On the other hand, it is typically a bad idea to just try to "force" the market to move. It seems as though not many people are wanting to buy a lot of new coins at this point, but conversely are not willing to part with their Mintcoins either... they're content with "minting". Maybe I don't want to sell the coins I have, but I don't have any extra to invest in buying additional coins. In my mind it doesn't make sense to force volume liquidity buying and selling just to "move coins to change hands". I mean you could do it if that that trading style fits your fancy. Personally, it seems too risky. I think the general attitude here is we want a more stable exchange rate, that is not so harshly volatile. Obviously if we want our Mintcoins to be worth something of value, there has to be a buyer. And Obviously if we want to Obtain the most amount of Mintcoins as possible, for minting, then we will want to try to buy them for the cheapest price we can. So there is a balance of supply and demand at all times, and in light of what other currencies are doing, sometimes it pays to be patient..
Keep in mind that even very small price changes can add up over time. For example just a 1% move up in a currency in 1 day, calculates out to being an annual rate increase of 3,640.93% due to compounding, if a currency were to go up 1% per day for a year. So typically when you see even a 1% move in a day, it is indicative of an unsustainable long-term trend, and thus, the longer that type of price action continues, the greater probability of a pullback or reversal with each passing day.
The same logic also applies in the other direction (down); however, the math is different: For example, If a currency loses 1% per day for a year, the currency would be down by -97.42% in a year.

Something to think about. Happy trading

[Derek492]

Hey,


Cryptopia won't allow MINT withdrawals...


Anyone know what's going on?

[dgmon]

Cryptopia won't allow MINT withdrawals...

Anyone know what's going on?

Cryptopia has just migrated to a new data centre.  Give them some time to get all their wallets back up.

[btiAndy]

Cryptopia won't allow MINT withdrawals...

Anyone know what's going on?

Cryptopia has just migrated to a new data centre.  Give them some time to get all their wallets back up.

Has this withdrawal issue been resolved?

[Flyskyhigh]

I was going ask the same thing. I can't check on it ATM busy at work.

Cryptopia won't allow MINT withdrawals...

Anyone know what's going on?

Cryptopia has just migrated to a new data centre.  Give them some time to get all their wallets back up.

Has this withdrawal issue been resolved?