Bitcoin Forum
April 20, 2018, 09:24:39 AM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 [788] 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 ... 1030 »
  Print  
Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1331306 times)
acceptance2
Sr. Member
****
Offline Offline

Activity: 399
Merit: 250



View Profile WWW
July 10, 2014, 09:31:11 AM
 #15741

No refer to my post point number 2. Developers are the ones to take these coins above the initial hump. Just reality, many ppl just dont see it.

I disagree - it takes a community effort as well as the devs to get things going, and the devs did a hell of a lot to get the coin over the initial hump.

Your post number 2 is invalid. As I stated  - a good proportion of the premine has already been used. Just because you thought that the bounty for the android wallet wasn't enough, Papsi clearly though that it was. The wallet will be out soon and I'd rather that it was slightly delayed and not released with any bugs.

You really need to try harder at this whole FUD thing.

If the developer took the development of the Android Wallet seriously, it would have been completed months ago and the coin would be in much better shape than it is now. That's not FUD.

A true reflection of the developers foresight and vision is reflected in the price of the coin.

We all know where that is.
1524216279
Hero Member
*
Offline Offline

Posts: 1524216279

View Profile Personal Message (Offline)

Ignore
1524216279
Reply with quote  #2

1524216279
Report to moderator
1524216279
Hero Member
*
Offline Offline

Posts: 1524216279

View Profile Personal Message (Offline)

Ignore
1524216279
Reply with quote  #2

1524216279
Report to moderator
1524216279
Hero Member
*
Offline Offline

Posts: 1524216279

View Profile Personal Message (Offline)

Ignore
1524216279
Reply with quote  #2

1524216279
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
sidhujag
Legendary
*
Offline Offline

Activity: 1792
Merit: 1000


View Profile
July 10, 2014, 09:58:42 AM
 #15742

No refer to my post point number 2. Developers are the ones to take these coins above the initial hump. Just reality, many ppl just dont see it.

I disagree - it takes a community effort as well as the devs to get things going, and the devs did a hell of a lot to get the coin over the initial hump.

Your post number 2 is invalid. As I stated  - a good proportion of the premine has already been used. Just because you thought that the bounty for the android wallet wasn't enough, Papsi clearly though that it was. The wallet will be out soon and I'd rather that it was slightly delayed and not released with any bugs.

You really need to try harder at this whole FUD thing.
clearly it hasnt passed initial hump it hasnt evolved enough technically.

There was no bounty for it when I was asked it was a price given by op and
community had to step in to get it going when papsi came in.. that tells you alot.

No sane competent developer would work 60 hours for 0.25 btc or something stupid it equated to. Going rate was around 2-4btc and thats without pos integration. It was clearly misjudged intentionally with no remorse to change it when asked. So point 2 is very valid.

It will be out soon? The code hasnt been touched in over a month and I dont see any updates, not sure where you are getting your "soon" from.

★☆★Syscoin - Decentralized Marketplace and Multisig Platform
Pay with Bitcoin, ZCash and many more
For more visit Syscoin.org  ★☆★
mgburks77
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile
July 10, 2014, 01:35:04 PM
 #15743

No refer to my post point number 2. Developers are the ones to take these coins above the initial hump. Just reality, many ppl just dont see it.

oh like devcoin?

ha ha ha

the only thing that matters is whether or not it is used as a currency because technically speaking Qt is already developed and no more "development" is needed.

You are talking about marketing, and that is up to coin holders.
mgburks77
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile
July 10, 2014, 01:38:04 PM
 #15744

Bitcoin was premined by Satoshi Nakamoto, about 8% or so of the total Bitcoin money supply and he doesn't do shit to develop it, so quit your bitching.

You know who Satoshi is? Please enlighten us.

You have no idea who he or they are, nor do you have any idea what his/their contribution has been.

All you know is that there is an account with BTC in it. That alone means nothing.

its the exact same thing lol
paspi
Full Member
***
Offline Offline

Activity: 185
Merit: 100


View Profile
July 10, 2014, 02:23:18 PM
 #15745

It will be out soon? The code hasnt been touched in over a month and I dont see any updates, not sure where you are getting your "soon" from.
Development hasn't stopped, I'm just not pushing my changes. And I'm busy with some real life stuff lately, otherwise it's 99% complete and ready to be released.

Don't judge android wallet's value by it's mint bounty. I'm not doing the MINT part for its bounty, it's not a freelance job for me -- I believe this is a community work, and I hope the community will take over its development when it's released. There are no POS bitcoinj forks in existence (and I doubt that anyone can manage to release something), and this is the first bitcoinj fork for POS coins, and it works (the POS library). For last few months, I haven't touched mintcoinj part and only been fiddling with getting the android UI to work besides my real life responsibilities.

I will be well compensated by other POS coins once it's done, I see other coins as freelance projects, not mint. I hope the community does not see this as a freelance too, because I'm not doing this for it's bounty, I'm not working as for a paid project to do mint's wallet, I'm doing it just because of being part of this community and that I am able to do it.

MINT: MdPQhsGufjm5AXYkHebbnF2A155xDqVfK7
Dallas5
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile WWW
July 10, 2014, 02:41:35 PM
 #15746

Thanks for your work paspi, I completely understand what you're saying with being busy with real life stuff. I would love to work on mint 24hr but for most of us crypto is a hobby besides work/family/school/..

I feel mint is different from other PoS coins, it has great specs and a lot of things coming in the (near) future. As the team said it's a long term coin. I don't think it's impossible to see mintcoin in the top 10 of coinmarketcap.com next year.

Can you give a rough estimate when the android mint wallet will be released?

elizabeth00
Member
**
Offline Offline

Activity: 86
Merit: 10


View Profile
July 10, 2014, 08:47:59 PM
 #15747

VOTE FOR MINTCOIN
please donate for dev.
BTC: 13MVMftimCmpQEsryo47pTs97ubmwkT31Y
LTC: Lh9ChfS1X3YWXmapr66nQjj3qZmys3qkNw
DOGE: DJMxzVrURhmsWFZHCjK5kDVHEqP5FcfGvy
mintcointeam
Sr. Member
****
Offline Offline

Activity: 325
Merit: 250


View Profile
July 10, 2014, 11:06:26 PM
 #15748

Earn 100,000 to 1,000,000 MINT by participating in our Merchant acceptance plan!

More info here http://www.reddit.com/r/MintCoin/comments/2adj5a/merchant_acceptance_plan_community_driven_and/
okaynow
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


PGP 9CB0902E


View Profile
July 10, 2014, 11:23:09 PM
 #15749

It will be out soon?
Don't judge android wallet's value by it's mint bounty.

Paspi, i also want to say thanks for being a valuable member of this community,
and for the effort you are putting in all these projects.

kudos mate.

1PeecNu1J8VNKpgR13nasMZWLcMZrwNJfc
acceptance2
Sr. Member
****
Offline Offline

Activity: 399
Merit: 250



View Profile WWW
July 11, 2014, 01:52:18 AM
 #15750

It will be out soon?
Don't judge android wallet's value by it's mint bounty.

Paspi, i also want to say thanks for being a valuable member of this community,
and for the effort you are putting in all these projects.

kudos mate.

I think everyone appreciates the efforts of Paspi.

While I appreciate his is practically a volunteer effort (the amount of Mint put up by the developer was never adequate, even when Mint was higher), there needs to be some sort of date or target for completion.

Or this could drag on forever....which might be ok for the other coins who will end up adopting it, Mintcoin could be dead long before then.

Any chance for a launch date Paspi?

coolbeans94
Hero Member
*****
Offline Offline

Activity: 613
Merit: 500


Mintcoin: Get some


View Profile
July 11, 2014, 01:55:26 AM
 #15751

Don't judge android wallet's value by it's mint bounty.

Well, currently, "millions" of Mintcoins are not worth very much, but with the release of of the android wallet, it will help the value of your bounty to increase in real terms. So the future value of the mint bounty could be very well worth it.


(1.) Moral happiness depends upon moral order.
(2.) Moral order depends upon the harmonious action of all our powers, as
individuals and as members of society.
coolbeans94
Hero Member
*****
Offline Offline

Activity: 613
Merit: 500


Mintcoin: Get some


View Profile
July 11, 2014, 02:33:20 AM
 #15752

Mintcoin's proof-of-stake participation rate has been steadily increasing.  A couple months ago it was at about 60% which is very very good, but currently Mintcoin is cooking along at a PoS participation rate of over 63% now. This is huge!  And this is an extremely good statistic because PoS is the way for the security of the network. This participation rate is even higher than Peercoin's which is around 58%.

Interesting observation, where can you find this percentage?

You can figure it out from the block explorer by tracking the amount of new coins being produced over time.  If you do the math, you'll see that even though the annual minting rate is 20% this year, not everyone is minting their coins so the actual inflation rate of the money supply is much lower like about "~13%" for this year. Coins that are on exchanges or in cold storage are not minting/staking and are therefore not working to secure the network. A higher participation rate is a good thing, and right now Mintcoin's participation is quite good, pushing almost 64% on average. It means that on average 63-64% of all of the coins are in Mintcoin wallets, actively staking/minting.

63.5% * 20% = 12.7% (or as I said above, "about ~13%")

(1.) Moral happiness depends upon moral order.
(2.) Moral order depends upon the harmonious action of all our powers, as
individuals and as members of society.
acceptance2
Sr. Member
****
Offline Offline

Activity: 399
Merit: 250



View Profile WWW
July 11, 2014, 03:20:10 AM
 #15753

Mintcoin's proof-of-stake participation rate has been steadily increasing.  A couple months ago it was at about 60% which is very very good, but currently Mintcoin is cooking along at a PoS participation rate of over 63% now. This is huge!  And this is an extremely good statistic because PoS is the way for the security of the network. This participation rate is even higher than Peercoin's which is around 58%.

Interesting observation, where can you find this percentage?

You can figure it out from the block explorer by tracking the amount of new coins being produced over time.  If you do the math, you'll see that even though the annual minting rate is 20% this year, not everyone is minting their coins so the actual inflation rate of the money supply is much lower like about "~13%" for this year. Coins that are on exchanges or in cold storage are not minting/staking and are therefore not working to secure the network. A higher participation rate is a good thing, and right now Mintcoin's participation is quite good, pushing almost 64% on average. It means that on average 63-64% of all of the coins are in Mintcoin wallets, actively staking/minting.

63.5% * 20% = 12.7% (or as I said above, "about ~13%")

Thanks for that, nice analysis and explanation.
acceptance2
Sr. Member
****
Offline Offline

Activity: 399
Merit: 250



View Profile WWW
July 11, 2014, 03:52:58 AM
 #15754

Very interesting article on the world of mobile - NOT related to Mintcoin but....

http://venturebeat.com/2014/07/08/for-sequoia-capital-mobile-tectonics-is-how-itll-find-its-next-billion-dollar-company/

Imagine an app (I mean really, USE YOUR IMAGINATION) that became hugely popular. Then it integrated in-app purchases, but only accepted Mintcoin as its currency of choice.

That's why an Android Wallet is not a LUXURY but a NECESSITY.

If Mintcoin can't move freely over mobile, it can't be a part of the largest growing area of the internet.

Almost 1 Billion smart phones were sold in 2013, add tablets to the equation and you see the power of mobile vs desktop.

I know this is sort of off topic but can't stress enough the importance of the Android Wallet for the future of Mintcoin...
sidhujag
Legendary
*
Offline Offline

Activity: 1792
Merit: 1000


View Profile
July 11, 2014, 05:28:58 AM
 #15755

No refer to my post point number 2. Developers are the ones to take these coins above the initial hump. Just reality, many ppl just dont see it.

oh like devcoin?

ha ha ha

the only thing that matters is whether or not it is used as a currency because technically speaking Qt is already developed and no more "development" is needed.

You are talking about marketing, and that is up to coin holders.

Yup I developed devcoinauctions.com.. worlds first open src business backed by an open source community. It also allows you to by goods cheaper than market rates. I feel it is things like this that will get a coin over the hump. Next I will do a bounty exchange where developers and vendors are matched
up..

I Already did the first merge mined android wallet but its waiting for
the new devcoin client I did to mine a block so I
cAn validate it and then put it on google play.

★☆★Syscoin - Decentralized Marketplace and Multisig Platform
Pay with Bitcoin, ZCash and many more
For more visit Syscoin.org  ★☆★
acceptance2
Sr. Member
****
Offline Offline

Activity: 399
Merit: 250



View Profile WWW
July 11, 2014, 05:40:51 AM
 #15756

No refer to my post point number 2. Developers are the ones to take these coins above the initial hump. Just reality, many ppl just dont see it.

oh like devcoin?

ha ha ha

the only thing that matters is whether or not it is used as a currency because technically speaking Qt is already developed and no more "development" is needed.

You are talking about marketing, and that is up to coin holders.

Yup I developed devcoinauctions.com.. worlds first open src business backed by an open source community. It also allows you to by goods cheaper than market rates. I feel it is things like this that will get a coin over the hump. Next I will do a bounty exchange where developers and vendors are matched
up..

I Already did the first merge mined android wallet but its waiting for
the new devcoin client I did to mine a block so I
cAn validate it and then put it on google play.

"I Already did the first merge mined android wallet but its waiting for"

ERGHHHHH....wish the developer of Mintcoin was willing to pay you market rates for an Android App 3-4 months ago. I shudder to think where this coin could be right now.

Oh well. Good luck with Devcoin.
sidhujag
Legendary
*
Offline Offline

Activity: 1792
Merit: 1000


View Profile
July 11, 2014, 05:51:16 AM
 #15757

No refer to my post point number 2. Developers are the ones to take these coins above the initial hump. Just reality, many ppl just dont see it.

oh like devcoin?

ha ha ha

the only thing that matters is whether or not it is used as a currency because technically speaking Qt is already developed and no more "development" is needed.

You are talking about marketing, and that is up to coin holders.

Yup I developed devcoinauctions.com.. worlds first open src business backed by an open source community. It also allows you to by goods cheaper than market rates. I feel it is things like this that will get a coin over the hump. Next I will do a bounty exchange where developers and vendors are matched
up..

I Already did the first merge mined android wallet but its waiting for
the new devcoin client I did to mine a block so I
cAn validate it and then put it on google play.

"I Already did the first merge mined android wallet but its waiting for"

ERGHHHHH....wish the developer of Mintcoin was willing to pay you market rates for an Android App 3-4 months ago. I shudder to think where this coin could be right now.

Oh well. Good luck with Devcoin.

Thanks and your right if paspi was paid like a reg job or freelancer he would have felt more of an obligation to release. But it will take more dev effort to get out now.. just like devcoin its at historic lows.. perfect time to accumulate as a dev I know I can simply program and release new things and price will reflect effort somewhere down the line as more investors come in looking for coins which have some sort of development base for future growth. Im big on the business idea as if it takes off devcoins will be bought at market with its profit.

★☆★Syscoin - Decentralized Marketplace and Multisig Platform
Pay with Bitcoin, ZCash and many more
For more visit Syscoin.org  ★☆★
Dallas5
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile WWW
July 11, 2014, 08:42:45 PM
 #15758

Remember when I posted this image a month ago?


=


Dallas5
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile WWW
July 11, 2014, 09:15:10 PM
 #15759

Mintcoin presents: MC LARS "Ballin' on that Mintcoin"



Watch, like, share!

#MCLars #Mintcoin

"Ballin' on that Mintcoin": Download the MP3!

Listen and download on SoundCloud - Mintcoin


Made possible by Dallas5, Mintcoin team, mintcoin foundation team and the mintcoin community.



If you liked the song please consider a donation it would really help me out and continue working on mintcoin:  MYjNXcjFaAJFmXRomNnDpZgrrgmK7ccdHo


Goattrading
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
July 11, 2014, 09:37:23 PM
 #15760

Thats great.....


Get it placed on Sound cloud  Wink

“I never ask a man what his business is, for it never interests me. What I ask him about are his thoughts and dreams.”
― H.P. Lovecraft
Pages: « 1 ... 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 [788] 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 ... 1030 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!