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

[Travis202]

do you you currently own this domain?

lol

U know he does  but he's still right the dev needs to buy that domain do something usefull with the premine

Best giving the cash to charity and having a . something else

[mgburks77]

http://tuckfheman.com/post/77855087228/nxt-users-be-aware

RIP NXT, Mintcoin has done it better than you.

So can you explain how Mintcoin is better than NXT since we wuld all like to know... both are fully POS coins but NXT offers transparant forging, instant messaging and DNS address etc and more... its a different codebase but mint is based off of bitcoin codebase.... what does mintcoin do better than nxt? Does mintcoin even have secret phasephrase protection that you refer to cause NXT to go RIP? I dont expect you to answer this since it's probably out of your realm, but someone feel free to offer their analysis.

NXT was a scam from the start and this proves it. Plenty of videos/forum comments calling this a scam.

RIP NXT.

It's a good protocol, but they won't be getting much support for their network because forging is useless for most users. That is a fatal weakness imho.

 

[coolbeans94]

http://tuckfheman.com/post/77855087228/nxt-users-be-aware

RIP NXT, Mintcoin has done it better than you.

So can you explain how Mintcoin is better than NXT since we wuld all like to know... both are fully POS coins but NXT offers transparant forging, instant messaging and DNS address etc and more... its a different codebase but mint is based off of bitcoin codebase.... what does mintcoin do better than nxt? Does mintcoin even have secret phasephrase protection that you refer to cause NXT to go RIP? I dont expect you to answer this since it's probably out of your realm, but someone feel free to offer their analysis.

NXT is not decentralized and forging is useless for most investors so no reason to support network, except to not be charged NXT for not supporting it.

LOSE/LOSE for everyone but a few

Sounds like this Mintcoin 5 week mining period

MINT is waay more evenly distributed. At the very least, that means it passes NXT.

[Djinou94]

So do you think the price will go up when the POS will start?

Or it's better to sell before the POS?

[coolbeans94]

where are you trading?
I'm using BTER and have all my coins there.
Use my referral to get 10% off discount on all your trading fees for 6 months.

https://bter.com/signup/123782

Use Mintpal.  Cheaper, and more volume.

[BachMann]

So after the PoW phase, (3 weeks) then block reward is only 1 coin.  And then all PoS minting.  But to mint PoS you only need to turn on your wallet once every 20 days.  So who will be running the block chain (securing transactions) after PoW phase?

this is what i was wondering too.
i assume its still PoW from miners, but with no one mining (or very few) it would be very easy to 51%.

someone please correct if I'm wrong

PoS takes over as the dominant mining process, and as coins age at from the point they were mined, someone will always be minting somewhere to generate new network blocks. To 51% attack with PoS you'd need to hold 51% or more of all Mint,

False.

This is not true. Similar to PoW

That's a false statement. Proof-of-Stake isn't similar to Proof-of-Work because it's cost-free. Unlike Proof-of-Work, you can retry attack attempts multiple times using the same coins.

that’s subject to a 51% attack, the PoS will need to hold 51% coins in order to be able to attack the coin. But holding 51% and then attacking your own coin normally is not in your interests.

You don't need 51% of coins to perform a successful attack. You only need less than 15% of active weight here.

Code:

ATTEMPTS = 1 / STAKE ^ CONFIRMATIONS

If you have 25% of active weight then you need ~256 attempts;
If you have 15% of active weight then you need ~1975 attempts;
If you have 10% of active weight then you need ~10000 attempts.

Note that active weight has no direct relation with total supply. It's calculated as (volume * timeweight) for coins participating in the network protection. E.g. if there are only 50% of coins @ maximum timeweight used for stake generation,  then you need ~7.5% of total coins volume in order to perform double-spend attack for the reasonable time.

Please elaborate for us newbs, for example what is active weight? Or timeweight?
Coins participating in the network protection = mining plus opened wallets?
So when PoW is "done", there will be 20 billion coins total. 7.5% of that would be 1.5 billion. That would be enough to successfully doublespend? Still big but not impossible numbers.

[mgburks77]

http://tuckfheman.com/post/77855087228/nxt-users-be-aware

RIP NXT, Mintcoin has done it better than you.

So can you explain how Mintcoin is better than NXT since we wuld all like to know... both are fully POS coins but NXT offers transparant forging, instant messaging and DNS address etc and more... its a different codebase but mint is based off of bitcoin codebase.... what does mintcoin do better than nxt? Does mintcoin even have secret phasephrase protection that you refer to cause NXT to go RIP? I dont expect you to answer this since it's probably out of your realm, but someone feel free to offer their analysis.

NXT is not decentralized and forging is useless for most investors so no reason to support network, except to not be charged NXT for not supporting it.

LOSE/LOSE for everyone but a few

Sounds like this Mintcoin 5 week mining period

MINT is waay more evenly distributed. At the very least, that means it passes NXT.

Yeah, that guy doesn't make any sense at all.

[mgburks77]

So do you think the price will go up when the POS will start?

Or it's better to sell before the POS?

No, you need to hold this coin as it pays 20% interest for first year. That's minting.

[Gingermod]

http://tuckfheman.com/post/77855087228/nxt-users-be-aware

RIP NXT, Mintcoin has done it better than you.

So can you explain how Mintcoin is better than NXT since we wuld all like to know... both are fully POS coins but NXT offers transparant forging, instant messaging and DNS address etc and more... its a different codebase but mint is based off of bitcoin codebase.... what does mintcoin do better than nxt? Does mintcoin even have secret phasephrase protection that you refer to cause NXT to go RIP? I dont expect you to answer this since it's probably out of your realm, but someone feel free to offer their analysis.

NXT is not decentralized and forging is useless for most investors so no reason to support network, except to not be charged NXT for not supporting it.

LOSE/LOSE for everyone but a few

Sounds like this Mintcoin 5 week mining period

MINT is waay more evenly distributed. At the very least, that means it passes NXT.

Yeah, that guy doesn't make any sense at all.

I'm not debating Mintcoin over NXT. Regardless of the denial you feed on, a 5 week mining period with insane block reward deflation is ridiculous. However, it is great for huge pumping and dumping, pretty damn sure we're in the former because another clone of Peercoin does not need to be valued this high.

Do you really want a coin where
1. You have a very limited window to earn Mint
2. You're encouraged to hold(that lack of economic stimulation)
3. And if you have more Mint you will make more Mint through the shitty PoS algo

Seems very fair, well distributed, and economically sound to me guys. Take a second to put your feelings aside and review the facts.

[mgburks77]

http://tuckfheman.com/post/77855087228/nxt-users-be-aware

RIP NXT, Mintcoin has done it better than you.

So can you explain how Mintcoin is better than NXT since we wuld all like to know... both are fully POS coins but NXT offers transparant forging, instant messaging and DNS address etc and more... its a different codebase but mint is based off of bitcoin codebase.... what does mintcoin do better than nxt? Does mintcoin even have secret phasephrase protection that you refer to cause NXT to go RIP? I dont expect you to answer this since it's probably out of your realm, but someone feel free to offer their analysis.

NXT is not decentralized and forging is useless for most investors so no reason to support network, except to not be charged NXT for not supporting it.

LOSE/LOSE for everyone but a few

Sounds like this Mintcoin 5 week mining period

MINT is waay more evenly distributed. At the very least, that means it passes NXT.

Yeah, that guy doesn't make any sense at all.

I'm not debating Mintcoin over NXT. Regardless of the denial you feed on, a 5 week mining period with insane block reward deflation is ridiculous. However, it is great for huge pumping and dumping, pretty damn sure we're in the former because another clone of Peercoin does not need to be valued this high.

that is gibberish

[Gingermod]

http://tuckfheman.com/post/77855087228/nxt-users-be-aware

RIP NXT, Mintcoin has done it better than you.

So can you explain how Mintcoin is better than NXT since we wuld all like to know... both are fully POS coins but NXT offers transparant forging, instant messaging and DNS address etc and more... its a different codebase but mint is based off of bitcoin codebase.... what does mintcoin do better than nxt? Does mintcoin even have secret phasephrase protection that you refer to cause NXT to go RIP? I dont expect you to answer this since it's probably out of your realm, but someone feel free to offer their analysis.

NXT is not decentralized and forging is useless for most investors so no reason to support network, except to not be charged NXT for not supporting it.

LOSE/LOSE for everyone but a few

Sounds like this Mintcoin 5 week mining period

MINT is waay more evenly distributed. At the very least, that means it passes NXT.

Yeah, that guy doesn't make any sense at all.

I'm not debating Mintcoin over NXT. Regardless of the denial you feed on, a 5 week mining period with insane block reward deflation is ridiculous. However, it is great for huge pumping and dumping, pretty damn sure we're in the former because another clone of Peercoin does not need to be valued this high.

that is gibberish

Over the 5 week period the early mined coins gain more and more value as it becomes more difficult to earn that amount. This means a very small percentage of users have a majority of the wealth, what do you do with that sudden wealth? You cash it out.

This is why the concept of pumping and dumping even exists

[Bulldog_Duke]

Is there a graph anywhere showing the price of MintCoin kind of like BitcoinWisdom.com?

WTS mintcoinwisdom.com for 6k USD

speaking of domains, mintcoin.com seems to be for sale for $6500 ...

I think mintcoin.com is off the market now - SOLD

[mgburks77]

http://tuckfheman.com/post/77855087228/nxt-users-be-aware

RIP NXT, Mintcoin has done it better than you.

So can you explain how Mintcoin is better than NXT since we wuld all like to know... both are fully POS coins but NXT offers transparant forging, instant messaging and DNS address etc and more... its a different codebase but mint is based off of bitcoin codebase.... what does mintcoin do better than nxt? Does mintcoin even have secret phasephrase protection that you refer to cause NXT to go RIP? I dont expect you to answer this since it's probably out of your realm, but someone feel free to offer their analysis.

NXT is not decentralized and forging is useless for most investors so no reason to support network, except to not be charged NXT for not supporting it.

LOSE/LOSE for everyone but a few

Sounds like this Mintcoin 5 week mining period

MINT is waay more evenly distributed. At the very least, that means it passes NXT.

Yeah, that guy doesn't make any sense at all.

I'm not debating Mintcoin over NXT. Regardless of the denial you feed on, a 5 week mining period with insane block reward deflation is ridiculous. However, it is great for huge pumping and dumping, pretty damn sure we're in the former because another clone of Peercoin does not need to be valued this high.

that is gibberish

Over the 5 week period the early mined coins gain more and more value as it becomes more difficult to earn that amount. This means a very small percentage of users have a majority of the wealth, what do you do with that sudden wealth? You cash it out.

This is why the concept of pumping and dumping even exists

Sell your mint while you still have a chance then.

[Gingermod]

http://tuckfheman.com/post/77855087228/nxt-users-be-aware

RIP NXT, Mintcoin has done it better than you.

So can you explain how Mintcoin is better than NXT since we wuld all like to know... both are fully POS coins but NXT offers transparant forging, instant messaging and DNS address etc and more... its a different codebase but mint is based off of bitcoin codebase.... what does mintcoin do better than nxt? Does mintcoin even have secret phasephrase protection that you refer to cause NXT to go RIP? I dont expect you to answer this since it's probably out of your realm, but someone feel free to offer their analysis.

NXT is not decentralized and forging is useless for most investors so no reason to support network, except to not be charged NXT for not supporting it.

LOSE/LOSE for everyone but a few

Sounds like this Mintcoin 5 week mining period

MINT is waay more evenly distributed. At the very least, that means it passes NXT.

Yeah, that guy doesn't make any sense at all.

I'm not debating Mintcoin over NXT. Regardless of the denial you feed on, a 5 week mining period with insane block reward deflation is ridiculous. However, it is great for huge pumping and dumping, pretty damn sure we're in the former because another clone of Peercoin does not need to be valued this high.

that is gibberish

Over the 5 week period the early mined coins gain more and more value as it becomes more difficult to earn that amount. This means a very small percentage of users have a majority of the wealth, what do you do with that sudden wealth? You cash it out.

This is why the concept of pumping and dumping even exists

Sell your mint while you still have a chance then.

I would advice selling as soon as this deflation ends, which is after the first 5 weeks. At that point anyone looking to make a quick profit(anyone with any influential amount of capital) will leave as soon as the coin goes completely inflationary.

[NutMasterTardd]

Gingermod has been trolling this forum for days, anything he has to say is irrelevant and completely fucking idiotic.

[Gingermod]

Gingermod has been trolling this forum for days, anything he has to say is irrelevant and completely fucking idiotic.

Dude you can't just dismiss what I say because I'm brash.

[NutMasterTardd]

Gingermod has been trolling this forum for days, anything he has to say is irrelevant and completely fucking idiotic.

Dude you can't just dismiss what I say because I'm brash.

I've stated facts to you in other pages of this thread, whenever I tell you that you are wrong you just can't take it. You can troll this forum all you want but you will never have any influence on Mint.

Get the fuck out.

[broken_pixel]

I have never seen before a crypto so steady after a rise from 7 to 63 satoshis...! Mint is the new Bitcoin, admit it. Everything has just been so smooth.

Cripes dude, Mint is barely 2 weeks old, repost in 2 more months.

[tng811]

Gingermod, go home with your Mom pls.
Guys, sry I let my dog out and he was barking a lot in every thread he can.   Here's another thread he barked:

This coin failed

As predicted

[NutMasterTardd]

Gingermod, go home with your Mom pls.
Guys, sry I let my dog out and he was barking a lot in every thread he can.   Here's another thread he barked:

This coin failed

As predicted

+1 Classic trolls. He is either another coin holder that thinks Mint is a threat or someone who sold too early.