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

[moderndezigns]

Conkite is considering adding MintCoin to their supported coin list Show them support!

Please show your Support for Mintcoin!


Please also share on Facebook invite friends to like / tweet and do what you can to get the word out!


   Social Networking
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[dogechode]

I think for the sake of this example it would be useful to define exactly what you mean by public and private keys. Private key = the passphrase you use to lock/unlock the wallet, correct? Public key = ?

Oh, alright.

Speaking cryptography terms, is the key-set asymmetric:

The private key (secret key) is for crypto currency typical a 51 characters in base58.
The public key (share key) can be calculated from a private key, the public key is typical 34 characters in base 58.
 
Most users never see the private key, unless they make paper-wallets (but you can just unlock your wallet and type dumpprivkey <your public adr.> then will you see it.
When creating a paper wallet are you basically printing out the private key on a physical medium, like a piece of paper ect.

The public key is what we use when we send MINT's to each-other.
If I want to send X MINT to you then will I type in YOUR public key into mint-qt and how much I want to send to you.
Lets call my public key A and yours B:
Mint-qt creates a transaction "I want to send X funds from public key A to public key B", qt sign the transaction with MY private key (creating a unique signature which shows that I own public key A). The transactions is then broadcasted to the nodes on the P2P network.

The passhrase is a password to unlock your wallet.dat which is (hopefully) encrypted, and has really nothing to do with the private key.
The mint-qt needs to access the wallet.dat in order to access the private key in order to sign the transaction.

Thanks for the more in-depth explanation. So does each public key/address have it's own private key? Ie, if you are using multiple addresses to receive funds from different places and track where it's coming from, would each address correspond to a different private key, albeit all in the same wallet?

[Beaverslayer]

Conkite is considering adding MintCoin to their supported coin list Show them support!

This is GREAT just sent in my contribution to this.....we need everyone to send even a small amount of Mint just to show our dedicated support for Mintcoin.

If we can get Mintcoin onto CoinKite, it will be so much easier to get large name brand retailers to start accepting Mint for purchases. Please take a minute and send them some love....and Mintcoins.

[draco71]

Conkite is considering adding MintCoin to their supported coin list Show them support!

At the current MINT price, we are talking for ~180M MINT, in order to reach the 25BTC goal till May 1st.

It would be good for the MINT community to support this, but I would say that, since this one sounds important (I do not have personal experience, I do not know them, I do not live in US), it could also be a very good use of a part of the premine.

[gonzoucab]

Conkite is considering adding MintCoin to their supported coin list Show them support!

We as community can show support donating some to get in coinkite.

Mintcoin   MNT   new   open   MdJjejnLrSVe1TwWCMDRmHgWiTnMyHcEiE

Im giving my part.

[dogechode]

Wait how does this work - do they expect a bribe in order to list an altcoin or am I misunderstanding what everyone means when they keep saying we should all send mint for this...?

[Beaverslayer]

Conkite is considering adding MintCoin to their supported coin list Show them support!

At the current MINT price, we are talking for ~180M MINT, in order to reach the 25BTC goal till May 1st.

It would be good for the MINT community to support this, but I would say that, since this one sounds important (I do not have personal experience, I do not know them, I do not live in US), it could also be a very good use of a part of the premine.

Coinkite is the Easiest and Safest Way to Use and Accept Bitcoin.

With the world's most advanced web wallet system, we empower customers and merchants to BUY, SELL, ACCEPT and STORE Bitcoins and other crypto currencies, in both the online and physical worlds — just as you would with online banking and debit cards.

They are being used by businesses all over the world for BTC right now. Mintcoin could have it's own Debit Card with this happening. Convincing large name brand retailers to accept Mintcoin would be so easy if they knew it came with a Debit Card reader and software to administer everything....THIS IS HUGE....

[ozycash]

still no minting after more than 1 month
i have followed the instructions of how to mint, but nothing
i have the latest wallet

[Beaverslayer]

Wait how does this work - do they expect a bribe in order to list an altcoin or am I misunderstanding what everyone means when they keep saying we should all send mint for this...?

No they are not expecting a bribe, up to 75% of the money raised will go the the development of implementing Mint into their platform as well as their Debit Card system. The other 25% goes to a charity. This would be the biggest thing for Mintcoin to date.

[Beaverslayer]

still no minting after more than 1 month
i have followed the instructions of how to mint, but nothing
i have the latest wallet

How many coins do you have in your wallet?
How long do you leave the wallet open each day?

[TookDk]

Thanks for the more in-depth explanation. So does each public key/address have it's own private key? Ie, if you are using multiple addresses to receive funds from different places and track where it's coming from, would each address correspond to a different private key, albeit all in the same wallet?

Yes, each of the public key has a corresponding private key.
You can see it for your self by typing:
dumpprivkey <public key A>
dumpprivkey <public key B>

You will see that each of your public key has its own private key.

Actually when the wallet.dat is created then is a whole pool of private keys generated for you, ready to be taken into use. Some is used for temporary storage of unspent output (which is a whole other story). But this is really not of any concern for a normal user. Just make sure to have backup of wallet.dat and don't forget your passphrase - then is all fine and dandy  

[ozycash]

still no minting after more than 1 month
i have followed the instructions of how to mint, but nothing
i have the latest wallet

How many coins do you have in your wallet?
How long do you leave the wallet open each day?

from the site:
'PoS will be generated after at least 20 days holding of the coins in your wallet. You don’t need to keep the wallet open all the time. The coin-days accumulated in your wallet will not be lost. The next time when you open the wallet client, the internal miner will start automatically and if the coin holding period meet certain requirements the pos blocks will be generated based on the coin-days in your wallet.'

there is no mention of minimum coins to have therefore it does not matter how many coins anybody has in their wallet they still get 20% minting.
so your questions are meaningless

[lecristoph]

Conkite is considering adding MintCoin to their supported coin list Show them support!

Everyone holding mint should contribute by supporting this matter. Even a very small amount could make a difference if many people contribute! We can do it! 

[stormia]

Conkite is considering adding MintCoin to their supported coin list Show them support!

This is a fantastic opportunity! Let's make it happen! People who have left coins stagnant on Mintpal should consider directing some of them towards this instead, I think it would be a worthwhile investment Not only would you be directly supporting the effort, but by removing some of the sell walls and allowing the price to rise everybody's support will be amplified.

[Beaverslayer]

still no minting after more than 1 month
i have followed the instructions of how to mint, but nothing
i have the latest wallet

How many coins do you have in your wallet?
How long do you leave the wallet open each day?

from the site:
'PoS will be generated after at least 20 days holding of the coins in your wallet. You don’t need to keep the wallet open all the time. The coin-days accumulated in your wallet will not be lost. The next time when you open the wallet client, the internal miner will start automatically and if the coin holding period meet certain requirements the pos blocks will be generated based on the coin-days in your wallet.'

there is no mention of minimum coins to have therefore it does not matter how many coins anybody has in their wallet they still get 20% minting.
so your questions are meaningless

Minting is a "Process" basically the same as "Mining" with computer hardware such as a mining rig. They way Minting works, is it takes into account the amount of coins in your wallet, in conjunction with the age of those coins and uses them to "Mine" blocks of coins.

Imagine you have a mining rig that produces a large number of MH/s and you point it at a particular coin. The more MH/s you have, the easier it is going to be to find a block of coins. Now, imagine you try mining with just your CPU, you're only going to be mining with a very small amount of kh/s and it will be much harder and longer to find a block of coins.

So, thus the question about how many coins your wallet holds. If you hold a small number of coins you are basically mining with just your CPU. I hold a fair amount of Mintcoins in a number of wallets, thus I am mining with lots of MH/s such as a big mining rig and will find blocks very easily.

If you hold under 100K Mint in your wallet, you are going to have to leave the wallet open and unlocked for a longer period of time so that your coins can constantly work for you. It may take 10 or more days with a small amount of coins, but sooner or later they will mint you new coins.

[ozycash]

still no minting after more than 1 month
i have followed the instructions of how to mint, but nothing
i have the latest wallet

How many coins do you have in your wallet?
How long do you leave the wallet open each day?

from the site:
'PoS will be generated after at least 20 days holding of the coins in your wallet. You don’t need to keep the wallet open all the time. The coin-days accumulated in your wallet will not be lost. The next time when you open the wallet client, the internal miner will start automatically and if the coin holding period meet certain requirements the pos blocks will be generated based on the coin-days in your wallet.'

there is no mention of minimum coins to have therefore it does not matter how many coins anybody has in their wallet they still get 20% minting.
so your questions are meaningless

Minting is a "Process" basically the same as "Mining" with computer hardware such as a mining rig. They way Minting works, is it takes into account the amount of coins in your wallet, in conjunction with the age of those coins and uses them to "Mine" blocks of coins.

Imagine you have a mining rig that produces a large number of MH/s and you point it at a particular coin. The more MH/s you have, the easier it is going to be to find a block of coins. Now, imagine you try mining with just your CPU, you're only going to be mining with a very small amount of kh/s and it will be much harder and longer to find a block of coins.

So, thus the question about how many coins your wallet holds. If you hold a small number of coins you are basically mining with just your CPU. I hold a fair amount of Mintcoins in a number of wallets, thus I am mining with lots of MH/s such as a big mining rig and will find blocks very easily.

If you hold under 100K Mint in your wallet, you are going to have to leave the wallet open and unlocked for a longer period of time so that your coins can constantly work for you. It may take 10 or more days with a small amount of coins, but sooner or later they will mint you new coins.

thank you, what you have said makes a lot more sense than what i read on mintcoin;s web page

[Beaverslayer]

Conkite is considering adding MintCoin to their supported coin list Show them support!

Have to keep bumping this, as I see it as a truly important cause to further the advancement of Mintcoin....Please send a few Mints to get us on CoinKite.

Not wanting to poke people in the eye or anything, but Blackcoin did this in one day...we have twelve days left, lets do this.

[guidosuller]

in prelude the people pay 20s+ for buy mints

[gonzoucab]

i sended 100K mint to coinkite.

[TookDk]

Conkite is considering adding MintCoin to their supported coin list Show them support!

Everyone holding mint should contribute by supporting this matter. Even a very small amount could make a difference if many people contribute! We can do it!  

BC "won", how do we contribute? Pay MINTto the specified adr.? how much?