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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1279260 times)
mgburks77
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April 03, 2014, 05:37:24 PM
 #12201

Any news on the wallet build?

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April 03, 2014, 05:47:45 PM
 #12202

I've just noticed something while going over the block chain.

First of all, the attack was really just from 203231 to 203405 before it started to be interrupted by even more PoS blocks:
http://mintcoin-explorer.info/chain/MintCoin?hi=203233&count=50
http://mintcoin-explorer.info/chain/MintCoin?hi=203433&count=50


Secondly, even within this period, there are still some PoS blocks that occur:
http://i.imgur.com/LydCerH.png

Most importantly of all. Through the ENTIRE attack period, not a single transaction was confirmed by one of the PoW blocks (aside from the PoW blocks producing their 1 MINT). The only transaction confirmations were done by the few PoS blocks which interrupted. How is this possible? There are way, way more PoW blocks, but none of them confirmed transactions over an entire hour? Is that because PoW blocks cannot confirm transaction during this "attack"? If so, then this "attack" cannot be used to double spend or do any real damage. Right?

So it's even worse than we thought. The entire network was frozen with no confirmations, and that was only carried out by the first stage of the attack.

Game over.

No it's even better than we thought!  If you investigate the block chain and understand how POW/POS works you will realize that Mintcoin has just survived the worst possible attack possible. Mintcoin is anti-fragile even more so than bitcoin. If you don't understand what anti-fragile means then I wouldn't trust any FUD that your smearing with a grain of salt.

Choppy, can you explain this? Saying something is "anti-fragile" isn't the same as writing a technical explanation as to why, and will only invite further attacks.

I was just trying to neutralize the FUD. See this link for graphical explanation of anti-fragile http://i.imgur.com/pfcfbSN.jpg
Now with the wallet update to 1.7 Mintcoin is stronger. The presence or lack thereof for further attacks is irrelevant. Mintcoin cannot be hacked any further since POW component has been eliminated. I was predicting that the developers would figure out a quick solution. The problem was dealt with flawlessly. Does that help?

I have zero experience in programming language however I have strengths in finance, business and computer hardware. During the plethora of pages of panic posts during the past few days, I was one of the few forum members to post an honest and accurate picture of what was happening. I am active in a few coin communities and have made as many positive contributions to each forum. I can't stand the coin bashing and the constant panic posts which accomplish absolutely nothing and are a waste of hard drive space. The other thing that I can't stand is the personal negative attack on any specific forum member. I will defend mintcoin because I believe in mintcoin and therefore am invested in it for the long haul. If some random troll starts bashing members and adding no positive criticism then I have no problem calling them on it.

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bigchirv
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April 03, 2014, 06:22:20 PM
 #12203

Is there an active android wallet development? I saw people mention Bigchirv, but couldn't see any of his posts in this thread, maybe I missed it.

Certainly you may miss them. Hey there, Smiley

I've been studying the code of the wallets out there and yes, I'd like to start with the project. Some user days ago uploaded some images:

https://drive.google.com/folderview?id=0BwpkXqmxmdGScm9lb21pTXhuS00&usp=sharing

and basically is that what is holding me back, because I don't wanna waste my time (or any other's time) starting the project if someone already has something already on the table.

However, many days have passed and no more news on the status of that work.

Somebody can give us an update on this? Anyone?

I'm thinking on minting on a mobile device. Minting uses 100% cpu to find a hash, much like PoW, but using owner's coins. A phone user would not want to enable it.

I stated exactly the same some posts ago when the topic came up. It basically will drain the mobile's battery and also will slow the device.

On the other hand, a tablet-only user might want it if it's her only computer, so android wallet should ideally have minting, but the ability to turn it off. Or options like "mint only when charging", "mint only when charging and battery > 80%", "mint only when screen is locked"

And another user said the same tho. The argument was he has friends that would like to mint on their tablets. I still think the battery life will still be an issue. However we can always do what gonzoucab is saying and put a checkbox enabling/disabling minting. Of course, for that 1st we need the wallet up and available for download  and 2nd have implemented the PoS algorithm.

I'm thinking about the first use case, to run mintcoin wallet on a phone, but the user doesn't want his phone to mint at all. What happens if I share my private key between desktop wallet and android wallet?
Does anyone know how the QT clients react when the same wallet.dat is used on two computers simultaneously? Do they notice funds in an account are gone if they see an outgoing transaction in the blockchain, or do they assume only they can initiate transfers?

Those are real good questions. People usually goes with the new wallet/priv-key created when installing the app on their devices.

Maybe the Mintcoin Dev Team can answer this to us. Or somebody can point us to proper documentation. I can't tell whether or not there's a mechanism to prevent things like you're mentioning. If it doesn't exists we may design one (by "we" I mean the interested developers that are lurking around the forum, Smiley).

I mean desktop wallet can mint all the time, and to sync my android wallet, I can show it a QR code from desktop wallet and voila, from that point android wallet can spend coins (and all future coins) from my desktop wallet. They should be able to track their balances over the blockchain.

110% agree.

Maybe what I imagine* is not possible due to changes being sent to new generated addresses, but I'm not sure.

I'd like to have the answers of those Qs too. I'm no a cryptocoin expert; but I usually solve problems either with code or Linux servers. My employers usually give me broken code I'm not familiar with, written in <put_the_name_of_the_language_here> and then say "fix it". So, I think I'm capable to do the task. Of course, any of the developers on the forum can help. That's the beauty of Open Source.

EDIT: Improve some English expressions. It is not my native language.

Bitrated user: bigchirv.
Jeff Jefferson
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April 03, 2014, 06:42:58 PM
 #12204

hey there bigchirv! Glad to have you here! It's awesome that you're interested in creating such an android wallet.

I think the other developer has quit because he hasn't written in a long time. So I think you have the best shot. You can always contact the mintcoindev and ask whether he/them are working on such a wallet and if its worth your time to create such a wallet.

i for instance would mint on my phone at night when i'm sleeping and my phone is still connected to the power socket so that wouldn't be a problem. i also think that during the development process it will be possible to create a slim minting wallet that isn't eating up all the recources. and i have to say that a lot of android phones out there a lot more powerful than some laptops or PCs.
when i walk around i would like to just turn the minting of the android wallet off and use the wallet as it is (spending coins, checking the balances and so on).

further i think that we shouldn't think too much of all the ifs and problems that may occur. the most important thing is that we start the development of a (minting) wallet for that awesome coin.

as you have already seen there is already a nice bounty for your efforts.

so what do you think? can you give it a shot?

greetings
moderndezigns
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April 03, 2014, 06:43:11 PM
 #12205


haha headlines.. some people in the blackcoin community are pretty clever. I think that if there are any good writers among us who may want to consider creating a Mintcoin specific blog or "news site" it's actually a pretty good idea
keshuker
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April 03, 2014, 06:48:24 PM
 #12206


haha headlines.. some people in the blackcoin community are pretty clever. I think that if there are any good writers among us who may want to consider creating a Mintcoin specific blog or "news site" it's actually a pretty good idea

Just one click needed to go to main page http://www.cryptoarticles.com/

Still think this is some bc conspiracy?

Blackcoin Lambo fund: BCLambopPArisAFDVbkVWSPQFM8ywP9A1L
coolbeans94
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Mintcoin: Get some


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April 03, 2014, 07:01:35 PM
 #12207

Is there an active android wallet development? I saw people mention Bigchirv, but couldn't see any of his posts in this thread, maybe I missed it.

Certainly you may miss them. Hey there, Smiley

I've been studying the code of the wallets out there and yes, I'd like to start with the project. Some user days ago uploaded some images:

https://drive.google.com/folderview?id=0BwpkXqmxmdGScm9lb21pTXhuS00&usp=sharing

and basically is that what is holding me back, because I don't wanna waste my time (or any other's time) starting the project if someone already has something already on the table.

However, many days have passed and no more news on the status of that work.

Somebody can give us an update on this? Anyone?

I'm thinking on minting on a mobile device. Minting uses 100% cpu to find a hash, much like PoW, but using owner's coins. A phone user would not want to enable it.

I stated exactly the same some posts ago when the topic came up. It basically will drain the mobile's battery and also will slow the device.

On the other hand, a tablet-only user might want it if it's her only computer, so android wallet should ideally have minting, but the ability to turn it off. Or options like "mint only when charging", "mint only when charging and battery > 80%", "mint only when screen is locked"

And another user said the same tho. The argument was he has friends that would like to mint on their tablets. I still think the battery life will still be an issue. However we can always do what gonzoucab is saying and put a checkbox enabling/disabling minting. Of course, for that 1st we need the wallet up and available for download  and 2nd have implemented the PoS algorithm.

I'm thinking about the first use case, to run mintcoin wallet on a phone, but the user doesn't want his phone to mint at all. What happens if I share my private key between desktop wallet and android wallet?
Does anyone know how the QT clients react when the same wallet.dat is used on two computers simultaneously? Do they notice funds in an account are gone if they see an outgoing transaction in the blockchain, or do they assume only they can initiate transfers?

Those are real good questions. People usually goes with the new wallet/priv-key created when installing the app on their devices.

Maybe the Mintcoin Dev Team can answer this to us. Or somebody can point us to proper documentation. I can't tell whether or not there's a mechanism to prevent things like you're mentioning. If it doesn't exists we may design one (by "we" I mean the interested developers that are lurking around the forum, Smiley).

I mean desktop wallet can mint all the time, and to sync my android wallet, I can show it a QR code from desktop wallet and voila, from that point android wallet can spend coins (and all future coins) from my desktop wallet. They should be able to track their balances over the blockchain.

110% agree.

Maybe what I imagine* is not possible due to changes being sent to new generated addresses, but I'm not sure.

I'd like to have the answers of those Qs too. I'm no a cryptocoin expert; but I usually solve problems either with code or Linux servers. My employers usually give me broken code I'm not familiar with, written in <put_the_name_of_the_language_here> and then say "fix it". So, I think I'm capable to do the task. Of course, any of the developers on the forum can help. That's the beauty of Open Source.

EDIT: Improve some English expressions. It is not my native language.

I suggest just starting on it, and posting regular updates for us if you could. I am sure that if you can complete a working Android wallet for Mintcoin you will get rewarded handsomely for it and the value of Mint will benefit tremendously afterward. You will go down in history as the first to develop it, as a wallet like this has never been done before (that's got to be worth something on a resume).

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individuals and as members of society.
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April 03, 2014, 07:02:54 PM
 #12208


haha headlines.. some people in the blackcoin community are pretty clever. I think that if there are any good writers among us who may want to consider creating a Mintcoin specific blog or "news site" it's actually a pretty good idea

Just one click needed to go to main page http://www.cryptoarticles.com/

Still think this is some bc conspiracy?

Well I look forward to submitting some Mintcoin articles to this site thanks

and still would like to see someone in our community create a news site
casacup
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April 03, 2014, 07:03:32 PM
 #12209


haha headlines.. some people in the blackcoin community are pretty clever. I think that if there are any good writers among us who may want to consider creating a Mintcoin specific blog or "news site" it's actually a pretty good idea

Just one click needed to go to main page http://www.cryptoarticles.com/

Still think this is some bc conspiracy?
I'm a little bit out this day, but I would like to clarify one thing: it's true that BC developer found the attack, and it's true that they illustrated it to the community as a whole.

Did it influence Mintcoin? Yes.

Will it influence every hybrid PoS/PoW coin with low PoW difficulty? Of course.

Did we lost the price cap we hardly earned the past week? Sure.

None of this is a reason to bash BC community. It would make us look weak and focused not on our coin&project, but on the envy on others.



I don't know shit about economy. I'm an engineer. But if we try to use our brains, and look at a future were cryptocurrencies are used in the real ordinary world, we could easily have a world were different cryptocoins (and this is without distinguish BTC from every other alt) are used for different type of goods and markets.

I think both blackcoin and mintcoin have a bright future, IF
- the respective devs don't screw up
- the community stay focused
- something really important doesn't happen (BTC related, but that's not the place to discuss the matter).

Something bad happened, a flaw was discovered, and could have been really worse. Now we have two possible way: think about a "conspiracy" (and drag ourself and mint in the mud), or show that cryptoworld maybe is made not only by whales, kidswhowanttogetrichfast and so on, but also of people who are capable to cooperate even with projects that seems concurrent, like blackcoin and mintcoin.

Tip address: 1GYTY2pW98LWPtv5Zq5HmvZBRpZoadwetw
Jeff Jefferson
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April 03, 2014, 07:08:42 PM
 #12210

guys i'm waiting for a mintcoin withdrawal from mintpal for over an hour and it still shows unconfirmed. also i can't open www.mintcoin-explorer.info

is there a problem?
moderndezigns
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April 03, 2014, 07:13:30 PM
 #12211

Something bad happened, a flaw was discovered, and could have been really worse. Now we have two possible way: think about a "conspiracy" (and drag ourself and mint in the mud), or show that cryptoworld maybe is made not only by whales, kidswhowanttogetrichfast and so on, but also of people who are capable to cooperate even with projects that seems concurrent, like blackcoin and mintcoin.


I was actually trying to pay them a compliment I do think there are some really smart people in their community and have even bought some more of their coins. I look forward to working together towards a common goal
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April 03, 2014, 07:15:33 PM
 #12212

guys i'm waiting for a mintcoin withdrawal from mintpal for over an hour and it still shows unconfirmed. also i can't open www.mintcoin-explorer.info

is there a problem?

did you get the withdrawal request email and confirm it via the link?

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April 03, 2014, 07:25:05 PM
 #12213

Just got my first minted coins!  Grin They are added to the total, but they don't show in the Stake balance? Running the 1.7 wallet.

http://poisonedchalice.io ~ explore, browse, option original & adapted screenplays ~ Invest with Bitcoin!
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April 03, 2014, 07:28:36 PM
 #12214

Just got my first minted coins!  Grin They are added to the total, but they don't show in the Stake balance? Running the 1.7 wallet.

First they move to stake, then you get your minted coins added back to your main balance, you just never noticed part of your balance move over to stake before the minting.

KNC - KingNcoin - rare, fair, pos only https://yobit.net/en/trade/KNC/BTC
Jeff Jefferson
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April 03, 2014, 07:30:52 PM
 #12215

guys i'm waiting for a mintcoin withdrawal from mintpal for over an hour and it still shows unconfirmed. also i can't open www.mintcoin-explorer.info

is there a problem?

did you get the withdrawal request email and confirm it via the link?

oh god, i'm such a newb! i got a little confused with all the exchanges i'm on. thank you very much. that resolves the problem!
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April 03, 2014, 07:32:22 PM
 #12216


haha headlines.. some people in the blackcoin community are pretty clever. I think that if there are any good writers among us who may want to consider creating a Mintcoin specific blog or "news site" it's actually a pretty good idea

Blackcoin saved your ass. Be grateful  Cheesy

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April 03, 2014, 07:42:51 PM
 #12217

hey mr random please remember to like our Mintcoin Facebook page and ask friends and family to do the same as you can see the community is growing all the time and would love for you to be a part of it!  https://www.facebook.com/MintCoin 
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April 03, 2014, 07:54:01 PM
 #12218

Is there an active android wallet development? I saw people mention Bigchirv, but couldn't see any of his posts in this thread, maybe I missed it.

Certainly you may miss them. Hey there, Smiley

I've been studying the code of the wallets out there and yes, I'd like to start with the project. Some user days ago uploaded some images:

https://drive.google.com/folderview?id=0BwpkXqmxmdGScm9lb21pTXhuS00&usp=sharing

and basically is that what is holding me back, because I don't wanna waste my time (or any other's time) starting the project if someone already has something already on the table.

However, many days have passed and no more news on the status of that work.

Somebody can give us an update on this? Anyone?

I'm thinking on minting on a mobile device. Minting uses 100% cpu to find a hash, much like PoW, but using owner's coins. A phone user would not want to enable it.

I stated exactly the same some posts ago when the topic came up. It basically will drain the mobile's battery and also will slow the device.

On the other hand, a tablet-only user might want it if it's her only computer, so android wallet should ideally have minting, but the ability to turn it off. Or options like "mint only when charging", "mint only when charging and battery > 80%", "mint only when screen is locked"

And another user said the same tho. The argument was he has friends that would like to mint on their tablets. I still think the battery life will still be an issue. However we can always do what gonzoucab is saying and put a checkbox enabling/disabling minting. Of course, for that 1st we need the wallet up and available for download  and 2nd have implemented the PoS algorithm.

I'm thinking about the first use case, to run mintcoin wallet on a phone, but the user doesn't want his phone to mint at all. What happens if I share my private key between desktop wallet and android wallet?
Does anyone know how the QT clients react when the same wallet.dat is used on two computers simultaneously? Do they notice funds in an account are gone if they see an outgoing transaction in the blockchain, or do they assume only they can initiate transfers?

Those are real good questions. People usually goes with the new wallet/priv-key created when installing the app on their devices.

Maybe the Mintcoin Dev Team can answer this to us. Or somebody can point us to proper documentation. I can't tell whether or not there's a mechanism to prevent things like you're mentioning. If it doesn't exists we may design one (by "we" I mean the interested developers that are lurking around the forum, Smiley).

I mean desktop wallet can mint all the time, and to sync my android wallet, I can show it a QR code from desktop wallet and voila, from that point android wallet can spend coins (and all future coins) from my desktop wallet. They should be able to track their balances over the blockchain.

110% agree.

Maybe what I imagine* is not possible due to changes being sent to new generated addresses, but I'm not sure.

I'd like to have the answers of those Qs too. I'm no a cryptocoin expert; but I usually solve problems either with code or Linux servers. My employers usually give me broken code I'm not familiar with, written in <put_the_name_of_the_language_here> and then say "fix it". So, I think I'm capable to do the task. Of course, any of the developers on the forum can help. That's the beauty of Open Source.

EDIT: Improve some English expressions. It is not my native language.

+1 I agree. We need to figure out if there is one already being worked on, and if not, somebody should get started right away!
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April 03, 2014, 07:58:47 PM
 #12219

thats what holds me back as well to have a shot at it. mr1quicky. details?

any coin that makes me a profit.
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April 03, 2014, 08:01:39 PM
 #12220

Is there an active android wallet development? I saw people mention Bigchirv, but couldn't see any of his posts in this thread, maybe I missed it.

Certainly you may miss them. Hey there, Smiley

I've been studying the code of the wallets out there and yes, I'd like to start with the project. Some user days ago uploaded some images:

https://drive.google.com/folderview?id=0BwpkXqmxmdGScm9lb21pTXhuS00&usp=sharing

and basically is that what is holding me back, because I don't wanna waste my time (or any other's time) starting the project if someone already has something already on the table.

However, many days have passed and no more news on the status of that work.

Somebody can give us an update on this? Anyone?

I'm thinking on minting on a mobile device. Minting uses 100% cpu to find a hash, much like PoW, but using owner's coins. A phone user would not want to enable it.

I stated exactly the same some posts ago when the topic came up. It basically will drain the mobile's battery and also will slow the device.

On the other hand, a tablet-only user might want it if it's her only computer, so android wallet should ideally have minting, but the ability to turn it off. Or options like "mint only when charging", "mint only when charging and battery > 80%", "mint only when screen is locked"

And another user said the same tho. The argument was he has friends that would like to mint on their tablets. I still think the battery life will still be an issue. However we can always do what gonzoucab is saying and put a checkbox enabling/disabling minting. Of course, for that 1st we need the wallet up and available for download  and 2nd have implemented the PoS algorithm.

I'm thinking about the first use case, to run mintcoin wallet on a phone, but the user doesn't want his phone to mint at all. What happens if I share my private key between desktop wallet and android wallet?
Does anyone know how the QT clients react when the same wallet.dat is used on two computers simultaneously? Do they notice funds in an account are gone if they see an outgoing transaction in the blockchain, or do they assume only they can initiate transfers?

Those are real good questions. People usually goes with the new wallet/priv-key created when installing the app on their devices.

Maybe the Mintcoin Dev Team can answer this to us. Or somebody can point us to proper documentation. I can't tell whether or not there's a mechanism to prevent things like you're mentioning. If it doesn't exists we may design one (by "we" I mean the interested developers that are lurking around the forum, Smiley).

I mean desktop wallet can mint all the time, and to sync my android wallet, I can show it a QR code from desktop wallet and voila, from that point android wallet can spend coins (and all future coins) from my desktop wallet. They should be able to track their balances over the blockchain.

110% agree.

Maybe what I imagine* is not possible due to changes being sent to new generated addresses, but I'm not sure.

I'd like to have the answers of those Qs too. I'm no a cryptocoin expert; but I usually solve problems either with code or Linux servers. My employers usually give me broken code I'm not familiar with, written in <put_the_name_of_the_language_here> and then say "fix it". So, I think I'm capable to do the task. Of course, any of the developers on the forum can help. That's the beauty of Open Source.

EDIT: Improve some English expressions. It is not my native language.

+1 I agree. We need to figure out if there is one already being worked on, and if not, somebody should get started right away!

I sent some emails so hopefully we can get a status update soon if we don't hear anything we may want to just get started on this ourselves so we can move on to other matters such as advertising
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