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Author Topic: [ANN][MINT] Mintcoin (POS) (5%) - New Wallet v2.0.2 released 3/1/16  (Read 1203213 times)
kennyss
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March 14, 2014, 11:39:21 AM
 #8481

Please give me coin
MnpmsvFQtXooPFhhyWSvnrh4drZdFi5jeW
for mint test))
Thx^^
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c-cex
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CryptoCurrency EXchange: https://c-cex.com


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March 14, 2014, 11:45:18 AM
 #8482



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guidosuller
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March 14, 2014, 12:06:29 PM
 #8483

This thread is really starting to dry up - along with the trading volume of our coin. I'm getting slightly worried here. Even without the pumpers we need considerably more volume than we have currently - if the price is to stabilize yet alone increase. Why has there been such a drop off in interest? I know the minting process has been overly difficult for many to understand and set up but this is not looking good. We need to simplify the minting process - we can't have user after user complaining that it isn't minting or that their POS blocks aren't confirming - its extremely bad publicity. It's a great coin....but so was Karma.....
what you think? the price you will rise steadily so you get rich???
celebrates price stability!!!!!!!!!!!celebrates 20% first year!!!!
dille71
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March 14, 2014, 12:16:05 PM
 #8484

What about PoS and change addresses?
I hope you took care of that. I do not want to have my 20 days reset whenever I move a small sum out of my wallet.

Change: If I send, there are usually two target addresses involved. Only one of the two amounts is actually moved out of the wallet to the recipient, the other one is going straight back, into a change address in my wallet. So that 2nd sum has left the wallet yes, but only to end up in it again, within seconds. Imagine there is a 1 mio input from which I spend a 7 MINT output - that results in a second 999,993 MINT output, to my change address, so it ends up back in my wallet.

Still, I fear, the 20 days period is reset for both amounts, right?

As your wallet does not yet support "coin control", I cannot even know which of my existing coin piles are touched. With one tx of 10 MINT, I might destroy 20 days of PoS of 20 billion coins. Am I wrong? If not:

Please hardcode that if outgoing and incoming into change addresses happens, the coin age is preserved. Or it that is not consistent, then:

I suggest, that you (a) lower the 20 days, (b) implement coin control.

Implement coin control. Lowering the 20 days is  not a good idea as it is an important aspect of the coin design, security/sustainability.


So basically you want people to hord their mint coins, and not touch them for at least 20 days, to then collect some interest?

You want me to use another currency for my daily usage, and mint just for storing wealth?  
I could only trust that concept, if the price of mint-to-other-currencies were not falling too much. But why wouldn't it fall? Apart from storing wealth, mint seems useless - because as soon as I move some of my coins, the 20 days are reset?

I don't see how all that could be a revolutionary new currency.

I want to be able to send and receive money, buy pizza, exchange for other currencies - and while I am not using my money, I want to collect interest for it - immediately- , and in PoS, use it for helping to secure the network.



minting is exactly analogous to mining

do you find this to be a problem with currency that is mined via PoW? If not then why is it a problem when coins are minted via PoS?

It's an advancement because it eliminates a lot of the energy waste associated with PoW mining

I don't find it a problem at all. If PoS works, and is safe, and is properly implemented, it can advance the whole scene.
But it needs to be understood, too. And properly implemented.
My questions are motivated by my wish to understand mint's concept. 

From your answer, I deduct, that it is really the case, what I suspected in my posting up there.


So please make that clear, preferably directly in the wallet:

DO NOT TOUCH YOUR MINT COINS! 
Otherwise the 20 days are reset; and in the worst case, for ALL of your million coins, even if you only send out 1 MINT.


Only the coins you send are reset, the other, untouched coins are not affected.
But, as i understand it, when you send coins they are randomly picked from your holdings so it could be your oldest coins that are sent.

Mintcoin: MsFGc9atNN6DddEsQHiq7MgDieoSLwtmg5
InformationCoin: Je4ZhmQBSd68oZ7CeXWMrWEsyprTXAVFuX
lava60
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March 14, 2014, 12:27:18 PM
 #8485

whats up with the minting orphans being out of control? i get probably 10-15 a day. I have only in the past week got 3 accepted minting shares? Is there something wrong? IS everyone else getting so many orphans.

do you have a small amount of mint or a large amount?
Fairly large.... I have gotten over 30000 mints in 7 orphan blocks today.

My week long orphan and wallet not responding problem went away when I updated to the 1.5 wallet. Now I only get an occasioanal orphan.

Ya I just do Tuesday so that's not the problem and I thought maybe my internet connection had a latency problem but I ping tested it and it is fine. So I have no idea.
Party Hard
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March 14, 2014, 12:35:05 PM
 #8486

Only the coins you send are reset, the other, untouched coins are not affected.
But, as i understand it, when you send coins they are randomly picked from your holdings so it could be your oldest coins that are sent.

This is something I'm wondering about too. If anyone has evidence for which coins are chosen when sent it would be great. If it is random, so be it, but I'd like clarity before I use some of my minted coins.

Ladies ladies, one at a time.
richlist
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March 14, 2014, 01:11:31 PM
 #8487

Black coin rises, but down to mint coin. Mint is also active in the community to be more. Why do black coin climb?
dogechode
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March 14, 2014, 01:30:24 PM
 #8488

Only the coins you send are reset, the other, untouched coins are not affected.
But, as i understand it, when you send coins they are randomly picked from your holdings so it could be your oldest coins that are sent.

This is something I'm wondering about too. If anyone has evidence for which coins are chosen when sent it would be great. If it is random, so be it, but I'd like clarity before I use some of my minted coins.

hobonickels uses a feature they call "coin control" that lets you select which coins to send (and shows their age and such.) Perhaps mint could implement something like this as well.
IconicExpert
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March 14, 2014, 01:30:51 PM
 #8489

If anyone is interested I launched my new wallet security application today: https://bitcointalk.org/index.php?topic=515381.0
$onmymint
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March 14, 2014, 01:48:40 PM
 #8490

Black coin rises, but down to mint coin. Mint is also active in the community to be more. Why do black coin climb?

Because Mints are not black
richlist
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March 14, 2014, 01:56:39 PM
 #8491

Black coin rises, but down to mint coin. Mint is also active in the community to be more. Why do black coin climb?

Because Mints are not black

not simple. Have you got any defects mintcoin? I have not find.
dogechode
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March 14, 2014, 02:00:04 PM
 #8492

Black coin rises, but down to mint coin. Mint is also active in the community to be more. Why do black coin climb?

Because Mints are not black

not simple. Have you got any defects mintcoin? I have not find.

such coin. . . few defect        green.    wow
XbladeX
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March 14, 2014, 02:08:49 PM
 #8493

Black coin rises, but down to mint coin. Mint is also active in the community to be more. Why do black coin climb?

Because Mints are not black
I can answer you:
- 0% premine Mint 4.5% effective premine
- PURE POS ( usulay 5s-15s transactions speed) Mint still is POS/POW hybrid.
- rising community
- 1% inflation but every 8h i can get stack(part of that 1%) i don't even care to mint i don't afraid to touch balance
- 1% inflation means that you need 20x less btc to keep price than 20% inflation
- many people just discovered BC
- compare direct to Mint to BC price should be about 5000 sat Tongue

I have 400k Mint community is great. I like it.
But for me BC is bit different coin with bit different economy.
In BC all is happening faster faster transaction, faster stakes, it wasn't so popular so it grows now faster too.

BTW HBN +100% year inflation is over power...This  year will be 150% because they mine a lot.



mgburks77
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March 14, 2014, 02:23:43 PM
 #8494

Quote
"Proof of Stake

BlackCoin is the first hybrid PoW/PoS altcoin to hit the Proof of Stake only stage. This means BlackCoin is unmineable and new coins will only be created by the Proof of Stake algorithm."
http://www.blackcoin.co/

Blackcoin is same as mint in this regard
XbladeX
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March 14, 2014, 02:35:37 PM
 #8495

Quote
"Proof of Stake

BlackCoin is the first hybrid PoW/PoS altcoin to hit the Proof of Stake only stage. This means BlackCoin is unmineable and new coins will only be created by the Proof of Stake algorithm."
http://www.blackcoin.co/

Blackcoin is same as mint in this regard

No Mint have 1 Mint POW reward block while BC is PURE POS now and that is why BC is faster Pure POS makes difference.
BC have 5-15s current transaction speed because of that.
Mint is still hybrid POW/POS but with 1-Mint POW reward.

Vann
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March 14, 2014, 02:36:51 PM
 #8496

Black coin rises, but down to mint coin. Mint is also active in the community to be more. Why do black coin climb?
Because once you go black, you never look back  Grin
AltcoinAuthority
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March 14, 2014, 02:55:26 PM
 #8497



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Charloz24
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March 14, 2014, 02:56:47 PM
 #8498

Black Coin multipool idea to rebuy coins is a great idea for their coin value I must admit...
mintcointeam
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March 14, 2014, 03:36:32 PM
 #8499

New exchange! Buy and sell MINT against Euros
https://www.litebit.eu/coin/mint/en/
philipvdlinde
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March 14, 2014, 03:39:25 PM
 #8500

New exchange! Buy and sell MINT against Euros
https://www.litebit.eu/coin/mint/en/

hehehe I would be a millionair if these rates were right (0,1 euro/mint)

btc: 1EYX92cpaqkp2TcRFmt1rQdmDUGUacKQU3
cann: CZCq3evSJGuDmBV6vmz9Xc5hmAAY1nBNJ4
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