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

[paspi]

Theres is absolutely no need for android wallet to stake in my opinion.
With an average stake age of 30 days, this would be something totally pointless. I would trade mobile staking to better battery life without a doubt!

+1

In my opinion, your opinion hits the nail on the head. Couldn't agree more.

Although staking is unnecessary for phone use, tablets will benefit from staking. You would be able to keep your whole wallet on your tablet.

Staking won't be included in the initial release of the app, but it'll be added with an update in a couple of weeks, hopefully within 20 days of its release. This is very easy because everything required for staking is included in the library. But our first target for the android wallet should be stability, usability and marketing.

I'm thinking of preventing staking of any transaction smaller than a fixed amount, so CPU cycles and battery won't be wasted for trying to stake 1 MINT.

[acceptance2]

Theres is absolutely no need for android wallet to stake in my opinion.
With an average stake age of 30 days, this would be something totally pointless. I would trade mobile staking to better battery life without a doubt!

+1

In my opinion, your opinion hits the nail on the head. Couldn't agree more.

Although staking is unnecessary for phone use, tablets will benefit from staking. You would be able to keep your whole wallet on your tablet.

Staking won't be included in the initial release of the app, but it'll be added with an update in a couple of weeks, hopefully within 20 days of its release. This is very easy because everything required for staking is included in the library. But our first target for the android wallet should be stability, usability and marketing.

I'm thinking of preventing staking of any transaction smaller than a fixed amount, so CPU cycles and battery won't be wasted for trying to stake 1 MINT.

Sounds like a good idea.

I'll be using my computer only for staking and my phone and tablet for sharing and spending.

I suspect that will be the case for most people, I could be wrong.

[rlm42]

Well I just checked the rich list for the first time in a while, and looks like the top addresses have been accumulating a LOT for a long time.. top 50 addresses hold almost 50% of the market, not sure if that is normal? If i'm not wrong I believe we should some huge rises in the future? Just need these whales to play the cards right.. I will continue to stake my little amount 

[lcmines]

Well I just checked the rich list for the first time in a while, and looks like the top addresses have been accumulating a LOT for a long time.. top 50 addresses hold almost 50% of the market, not sure if that is normal? If i'm not wrong I believe we should some huge rises in the future? Just need these whales to play the cards right.. I will continue to stake my little amount 

Remember that the biggest addresses are those of exchanges.

[rlm42]

Surely some in those top 10 or 20 are people though? or is it first 27 are exchanges ?

[lcmines]

Surely some in those top 10 or 20 are people though? or is it first 27 are exchanges ?

Could be, would have to check out the blockchain and see which of the biggest addresses are sending out chucks of coins in regular intervals, those would most likely be your exchages. And any addresses acting as black holes would be your accumulators.


Although, a cold storage for an exchange would look like accumulation too, so hard to tell.


The point we can be sure of though, is that Mint will be raising.

[lcmines]

One concern I have for the POS of MINT is the 20 day maturity requirement for Staking (network support).

In the current coin market 20 days is quite a long time to wait before a wallet can start to support a network that depends solely on staking to verify transactions.

If Mint is poised to take off, thats going to cause a lot of days to be killed and leave even less coins being staked causing the network to slow down even more.



If possible might be a good idea to create two stages of staking, a short term and long term. Of course the short term would give a much smaller return but would allow for a much larger network of support.

Just a little brainstorming. I'm not one to understand the details of the implantation of such a wallet. But I couldn't help notice this situation as the current wallet is taking over 24 hours almost a full day to sync.

[skeem]

One concern I have for the POS of MINT is the 20 day maturity requirement for Staking (network support).

In the current coin market 20 days is quite a long time to wait before a wallet can start to support a network that depends solely on staking to verify transactions.

If Mint is poised to take off, thats going to cause a lot of days to be killed and leave even less coins being staked causing the network to slow down even more.



If possible might be a good idea to create two stages of staking, a short term and long term. Of course the short term would give a much smaller return but would allow for a much larger network of support.

Just a little brainstorming. I'm not one to understand the details of the implantation of such a wallet. But I couldn't help notice this situation as the current wallet is taking over 24 hours almost a full day to sync.

That is great.

But I suggest only one day of staking, canceling the long term stage.

[Xpedite]

It's starting to look better , volumes are increasing and sell wall of 5 satoshi is a little over two BTC for mintpal and cryptsy combined...

 

[bamsterdam]

One concern I have for the POS of MINT is the 20 day maturity requirement for Staking (network support).

In the current coin market 20 days is quite a long time to wait before a wallet can start to support a network that depends solely on staking to verify transactions.

If Mint is poised to take off, thats going to cause a lot of days to be killed and leave even less coins being staked causing the network to slow down even more.



If possible might be a good idea to create two stages of staking, a short term and long term. Of course the short term would give a much smaller return but would allow for a much larger network of support.

Just a little brainstorming. I'm not one to understand the details of the implantation of such a wallet. But I couldn't help notice this situation as the current wallet is taking over 24 hours almost a full day to sync.

That is great.

But I suggest only one day of staking, canceling the long term stage.

I also think stake is to high. Any comment on this from the Dev? 

[Dallas5]

One concern I have for the POS of MINT is the 20 day maturity requirement for Staking (network support).

In the current coin market 20 days is quite a long time to wait before a wallet can start to support a network that depends solely on staking to verify transactions.

Just keep it at 20 days, if you stake to fast, creating much more blocks in a year, maybe there will be to many new blocks each day and it will cause problems for the blockchain.

What I like about the upcoming android app, is that it doesn't have to download the whole blockchain before you can use it. At least I think you don't need to?

I just downloaded the mintcoin wallet to another pc and one of the things that bothers me, which goes for all altcoins, is that it needs the whole block chain before you can receive mintcoins. So I propose another idea, mintcoin wallet light a portable wallet which stores info in the same directory as the exe (not in appdata) and doesn't need to download the whole blockchain to receive and send mintcoins.

[CoinBounties]

MintCoin is now on:

http://coinbounties.com/mint-mintcoin/

Still got bounties to complete lets get it guys!

[skeem]

One concern I have for the POS of MINT is the 20 day maturity requirement for Staking (network support).

In the current coin market 20 days is quite a long time to wait before a wallet can start to support a network that depends solely on staking to verify transactions.

If Mint is poised to take off, thats going to cause a lot of days to be killed and leave even less coins being staked causing the network to slow down even more.



If possible might be a good idea to create two stages of staking, a short term and long term. Of course the short term would give a much smaller return but would allow for a much larger network of support.

Just a little brainstorming. I'm not one to understand the details of the implantation of such a wallet. But I couldn't help notice this situation as the current wallet is taking over 24 hours almost a full day to sync.

That is great.

But I suggest only one day of staking, canceling the long term stage.

I also think stake is to high. Any comment on this from the Dev? 

Another problem I care about is that mintcoin has no FreeBSD native version. I seriouly care about this.

[Crindon]

I think it would be a good idea for someone to do a PRWeb campaign after mintcointeam announces the official big news.

If another major news site grabs it and it goes mainstream, the whales will think that the mainstream people will buy in, so that the whale will buy in big early on.

This could shatter all previous price records. We won't stop at 200 satoshis, but higher.

[Tyke]

Mintcoin is in my book called Cryptocurrency "The Alt-ernative".  Here is first draft of IFC:


https://bitcointalk.org/index.php?topic=356065.msg7131241#msg7131241


Mintcoin will look similar to this.  Coin specifications, history, exchanges and other miscellaneous details will be included.  Please help fund the publication of this book which I plan to publish this summer.  

MZKhgDfWYxfWpkpC9Jn6ZtpBQduBSKvfet

[litemaster]

One concern I have for the POS of MINT is the 20 day maturity requirement for Staking (network support).

In the current coin market 20 days is quite a long time to wait before a wallet can start to support a network that depends solely on staking to verify transactions.

If Mint is poised to take off, thats going to cause a lot of days to be killed and leave even less coins being staked causing the network to slow down even more.



If possible might be a good idea to create two stages of staking, a short term and long term. Of course the short term would give a much smaller return but would allow for a much larger network of support.

Just a little brainstorming. I'm not one to understand the details of the implantation of such a wallet. But I couldn't help notice this situation as the current wallet is taking over 24 hours almost a full day to sync.

That is great.

But I suggest only one day of staking, canceling the long term stage.

I also think stake is to high. Any comment on this from the Dev? 

Another problem I care about is that mintcoin has no FreeBSD native version. I seriouly care about this.

YES, should have wallets for Win, Mac, Ubuntu, Android and other Linix distros if possible.
Also a Armory type of interface with paper backups etc... and tons of security would be awesome.

[jakema]

I had a bit of time so i made another 

https://i.imgur.com/5mmabal.png

Mint - MfnNGozdXuY8MQHt8V2hM7smBGVdnLBN4y

[ttyler333]

what are the predictions? is mint coming back? thinking about buyin a few

Now is a good time to buy it,
The market environment is very good now, its price will rise!

[ttyler333]

I bought half a million today , that should speak for itself 

Today I bought a lot of, I am very optimistic about its prospects!

[Arcainis]

Hi!
I just downloaded the latest version of the wallet, but it doesnt seem to work. What am I doing wrong? Is there another stable version?
Cheers!