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

[deadmanwalking]

NYTimes Article:

http://www.nytimes.com/2014/02/25/business/apparent-theft-at-mt-gox-shakes-bitcoin-world.html?_r=1

While America Sleeps.

This stuff has not even hit the new-stand yet.  From what I could see,  I think these bitcoin holders have been squirming for the last few months.   Take the coin to $1000 issue a bunch of alts and stall.  

This has been the biggest stall of all time.  History in the making.

So we all knew about MTGOX.  Yet the news was stalled.  Games with exchanges tell me there are ways to stall the downdraft to save face.
I could just imagine BTC hits $1100 and they call a meeting in VEGAS.  That is when they hatched there stall plan.  How to exit without screwing up the market.

Well it has been a slow drip, if you think there will be a bounce, hardly.   2014 is the year BTC died.    Old slow technology.

Grocery store checkout:      Buying with BTC  "please wait on the side for 10 mins for confimation"
                                      Buying with Mint "Thank you, come again"

BTC overpriced piece of crap.       Cryptsy has UDS dollar market but why have they not expanded?  I will tell you why.  It does not fit into the plan.
                                               Chinese exchanges were smart.   Once I saw CNY markets I said, that is the end for LTC BTC.   And they know if they traded in USD it would have been the end.  Instead we get a long drawn out screw job.


Hey guys don't you know who pumped silver after it was at high.  At the top?  Max Keiser.    Silver is so low right now.  So he puts out MAXCOIN when silver is at its lowest.  Why you ask?  Ha ha.  Cause if we were smart we would be buying REAL FUCKING COINS!

BitSilverCoin.com

Anyone want to start a real POS coin?
Email me sometime.  I won't have to spend 6k to buy the domain name!  www.mintcoin.com

Peace.

Oh yah

20% is made in 4 sats - one day!      Million up 4 sat spread.   There is the real interest.

Peace!

You know who the real shills are?  http://www.youtube.com/watch?v=YOxIi80eHxc  Listen to his voice shake.
So scan back the last few months.  You will see who the btc shills are.      Just listen to that interview.   All bullshit!   IT is so obvious to see the people who are controlled.  Controlled opposition.  Alex Jones -   All the alt currency community.   They are drinking too much kool aid or making a complete mockery of intelligence.

Watch out people.  Critically think, don't let these shills walk you around.   USE YOUR BRAIN!

Cocaine is a hell of a drug

[1714871704]

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[1714871704]

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[1714871704]

1714871704

[deadmanwalking]

Some people are saying

link?

Here's one a couple pages back: https://bitcointalk.org/index.php?topic=450381.msg5352911#msg5352911

He didn't didn't say the PoS was bullshit, he said it wasn't as much as someone can get with a pump and dump, which is bullshit because how much you get depends on what your stake is

P.U.R.E.F.U.D

Cool. I guess I misunderstood his rambling argument! Interesting breed these Trolls. Nothing better to do I guess (poor little guy).
Still, if anyone did look at the code, I'm curious, just not so nervous.

https://github.com/mintcoinproject/mintcoin

go ahead

I took a look and in the posproofofwork i found this


    int64 nSubsidy = nCoinAge * nRewardCoinYear / 365;


The compiler uses bedmas i just wanted to ensure but i think in all cases it is same as (coinage*rewardcoinyear)/365 which it might intend to be but I think its the same above. Quick sanity test tells me its a good fn.

Rest looks ok.

Thanks

[sidhujag]

Code:

        // Set output amount
        if (txNew.vout.size() == 3)
        {
            txNew.vout[1].nValue = ((nCredit - nMinFee) / 2 / CENT) * CENT;
            txNew.vout[2].nValue = nCredit - nMinFee - txNew.vout[1].nValue;
        }

Not sure what this is? When it sends to itself?

Also there doesnt seem to be a hard limit of 70 billion anywhere... 1 coin pow and 5% inflation per year to infinity... Where is the cap?

[PCJargon]

Code:

        // Set output amount
        if (txNew.vout.size() == 3)
        {
            txNew.vout[1].nValue = ((nCredit - nMinFee) / 2 / CENT) * CENT;
            txNew.vout[2].nValue = nCredit - nMinFee - txNew.vout[1].nValue;
        }

Not sure what this is? When it sends to itself?

Also there doesnt seem to be a hard limit of 70 billion anywhere... 1 coin pow and 5% inflation per year to infinity... Where is the cap?

Personally I think a limited inflation would be best anyways, doge already implemented it. There's spillage, people break their computers, hard drives crash, etc.

[deadmanwalking]

Code:

        // Set output amount
        if (txNew.vout.size() == 3)
        {
            txNew.vout[1].nValue = ((nCredit - nMinFee) / 2 / CENT) * CENT;
            txNew.vout[2].nValue = nCredit - nMinFee - txNew.vout[1].nValue;
        }

Not sure what this is? When it sends to itself?

Also there doesnt seem to be a hard limit of 70 billion anywhere... 1 coin pow and 5% inflation per year to infinity... Where is the cap?

I think that is the transaction fee for when you send Mint

[coolbeans94]

Everything went down, but MINT didn't go down "as much". Awesome strength considering the gains it has been making the last week.

[t-minus]

Code:

        // Set output amount
        if (txNew.vout.size() == 3)
        {
            txNew.vout[1].nValue = ((nCredit - nMinFee) / 2 / CENT) * CENT;
            txNew.vout[2].nValue = nCredit - nMinFee - txNew.vout[1].nValue;
        }

Not sure what this is? When it sends to itself?

Also there doesnt seem to be a hard limit of 70 billion anywhere... 1 coin pow and 5% inflation per year to infinity... Where is the cap?

I think that is the transaction fee for when you send Mint

now that you say that, it kinda does look like it could be.

[sidhujag]

Code:

        // Set output amount
        if (txNew.vout.size() == 3)
        {
            txNew.vout[1].nValue = ((nCredit - nMinFee) / 2 / CENT) * CENT;
            txNew.vout[2].nValue = nCredit - nMinFee - txNew.vout[1].nValue;
        }

Not sure what this is? When it sends to itself?

Also there doesnt seem to be a hard limit of 70 billion anywhere... 1 coin pow and 5% inflation per year to infinity... Where is the cap?

I think that is the transaction fee for when you send Mint

There is a seperate fee for mint? Thats what minfee is for 10*cent? Its something else...

Also no 70 billion cap of mining

[MaxMinersNet]

https://mint.maxminers.net


We are proud to announce our new Mintcoin Pool:

0% Fee
Only 0.1 mnt withdrawal fees
Automatic Payouts every minute !
DDoS protected
Best EU/US connectivity
Stratum on Port 7890 with Variable Difficulty
Bonuses will be started as soon as first Block has been found !

Check it out now and get your Scrypt Miners in:
https://mint.maxminers.net


1000 MNT Bonus per Block Finder !!!

[rznag]

Code:

        // Set output amount
        if (txNew.vout.size() == 3)
        {
            txNew.vout[1].nValue = ((nCredit - nMinFee) / 2 / CENT) * CENT;
            txNew.vout[2].nValue = nCredit - nMinFee - txNew.vout[1].nValue;
        }

Not sure what this is? When it sends to itself?

Also there doesnt seem to be a hard limit of 70 billion anywhere... 1 coin pow and 5% inflation per year to infinity... Where is the cap?

main.h line 35:             static const int64 MAX_MONEY = 70000000000 * COIN;         // 70 bil

[coolbeans94]

Good to see people checking the code. Can anyone confirm at about what time is the Proof-of-Stake supposed to start? It starts in 24 hours or so correct?

[Party Hard]

Some people are saying

link?

Here's one a couple pages back: https://bitcointalk.org/index.php?topic=450381.msg5352911#msg5352911

He didn't didn't say the PoS was bullshit, he said it wasn't as much as someone can get with a pump and dump, which is bullshit because how much you get depends on what your stake is

P.U.R.E.F.U.D

Cool. I guess I misunderstood his rambling argument! Interesting breed these Trolls. Nothing better to do I guess (poor little guy).
Still, if anyone did look at the code, I'm curious, just not so nervous.

https://github.com/mintcoinproject/mintcoin

go ahead

I took a look and in the posproofofwork i found this


    int64 nSubsidy = nCoinAge * nRewardCoinYear / 365;


The compiler uses bedmas i just wanted to ensure but i think in all cases it is same as (coinage*rewardcoinyear)/365 which it might intend to be but I think its the same above. Quick sanity test tells me its a good fn.

Rest looks ok.

Dude you rock! I'm not a pro at sniffing out bad code, but I see what you mean. For others wanting a quick peek at it scroll to line 982 here: https://github.com/mintcoinproject/mintcoin/blob/a4a00c4e4c3c2998368281afe09d12bb5e9e261b/src/main.cpp

[hadi]

i am going to vote for mint here
http://www.allcrypt.com/beta/voting.php

where they add mint?which website?

[gofoter]

They'll add it here when it launches-http://www.allcrypt.com/.It's good to vote,I already did.

[Kergekoin]

So you quoted the integer, but didnt quote the variables. Im curious, what do think

Code:

int64 nSubsidy = nCoinAge * nRewardCoinYear / 365;

means?

 

[hadi]

They'll add it here when it launches-http://www.allcrypt.com/.It's good to vote,I already did.

and https://www.mintpal.com/voting
i see PND(pandacoin) is on top with 66000 vote but pandacoin is in they list already.why ?
is it scam ?

[gofoter]

Well,I don't know why's that.Maybe a mistake.

[djslick]

so these PoS rewards, do i have to keep the wallet open to "generate them" or are they automatically going to be generated based on the date that they were moved into the wallet?

Yes, but you only have to open it up every couple months or so. If you keep your wallet offline for the whole year and then turn it on, you will still get the 20% for the first year.

EDIT: If you want to take advantage of compunding interest, then mint every month or so.

cool! thanks for the tip man

[hadi]

any1 know?

[BachMann]

There are 3 different Pandacoins.
Pand (Panda nr.1) nobody cares about it it seems,
Panda (Panda nr. 2) Wolongs (<- bad guy, so mean) Panda
and PND (Panda nr.3) A Panda without premine and fair launch that was created as a protest to wolong.