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Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1331851 times)
mintcointeam
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August 01, 2014, 02:29:32 PM
 #16201

New GetHub: https://github.com/MintcoinCommunity/mintcoin
Please note: The prior developer was unable to pass on the github account therefore we needed to move over to a community owned account.
We are seeking community verification that the new repository is identical to the prior repository. Please pm me for permissions.
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paspi
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August 01, 2014, 03:21:07 PM
 #16202

It brings me great pleasure to officially announce the new Mintcoin Team
http://mintcoin.cc/official-mintcoin-team/

Please spread the word!
great news!

Comparing old and new repos, I can verify that they're identical.

Old repo's history: https://github.com/mintcoinproject/mintcoin/network
New repo's history: https://github.com/MintcoinCommunity/mintcoin/network

Anyone wanting to verify can also check the latest commit IDs on both repos -- those are generated based on contents of all files in that version and nothing else.

MINT: MdPQhsGufjm5AXYkHebbnF2A155xDqVfK7
cryptomommy
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August 01, 2014, 03:23:02 PM
 #16203

It brings me great pleasure to officially announce the new Mintcoin Team
http://mintcoin.cc/official-mintcoin-team/

Please spread the word!
great news!

Comparing old and new repos, I can verify that they're identical.

Old repo's history: https://github.com/mintcoinproject/mintcoin/network
New repo's history: https://github.com/MintcoinCommunity/mintcoin/network

Anyone wanting to verify can also check the latest commit IDs on both repos -- those are generated based on contents of all files in that version and nothing else.

Thanks Paspi!
SolidStateSurvivor
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August 01, 2014, 03:44:15 PM
 #16204

It brings me great pleasure to officially announce the new Mintcoin Team
http://mintcoin.cc/official-mintcoin-team/

Please spread the word!

Very impressive. We rarely see real names attached to coins. Glad I'm an investor.

Costanza is on the team?! O.o

Now that I have almost DL'ed the whole new blockchain, is there somewhere you want me to upload it, since the noobs of this coin could accommodate me with it?

Founding member of Hashmeisters Inc...
raiuk
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August 01, 2014, 05:38:41 PM
 #16205

Man what are you smoking share with us  Cheesy

Your calculations are totally off. You are missing a great deal of understanding of this coin plus your math is wrong.

Mr. Math Genius

That is what Excel said, but please take me to School.

What are your Calculations?
 Cool




I have to go to work when I check this board in evening I expect you to give me the right calculations.

@cryptomommy can we make an online excelsheet that will do the stake calculations after 20 days, 6 months, 1y, 2y, 5y long term thanks!!

WOW , I TAKE IT BACK YOU ARE NOT A MATH GENIUS.
Half Amount in Wallet   :98,316,373.79 mintcoins * 0.00000004 =  3.932654952 Bitcoins= $2,305.33
Fourth Amount in Wallet:49,158,186.90 mintcoins * 0.00000004=  1.966327476 Bitcoins= $1,152.67
Bitcoin exchange rate at 2:30am 

I think your Calc is broken if all you got was $300.

Now imagine more that one exchange mints either a half or quarter and you can see the problem.
 Cool

P.S.
Please tell me you are not an Accountant!!!
 Cool

Your MINT-BTC-USD conversions are correct. You are incorrect with the amount of the mintcoin staked.
DougB62
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August 01, 2014, 05:41:51 PM
 #16206

Someone may want to change the topic to read: - New GitHub

[ANN][MINT] *New* Official Mintcoin Team Announced - New GetHub

(Edit: Not real important, just saw it and... well  Wink)
cryptomommy
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August 01, 2014, 05:44:17 PM
 #16207

Someone may want to change the topic to read: - New GitHub

[ANN][MINT] *New* Official Mintcoin Team Announced - New GetHub

(Edit: Not real important, just saw it and... well)

- thanks for catching that!

DougB62
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August 01, 2014, 05:47:11 PM
 #16208

- thanks for catching that!

Quick!!! LOL!

We now have a lightning-fast response team at the helm!!!  Wink
virtfund
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August 01, 2014, 07:59:29 PM
 #16209

What is special about mintcoin? Why will it fare better than other coins and be adopted? I'm not trying to FUD or anything, I'm looking to invest, and like that the coin has such an active core team, but don't understand why people would prefer it over DRK or any other coin with an active dev team and more features.

cryptomommy
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August 01, 2014, 08:02:48 PM
 #16210

What is special about mintcoin? Why will it fare better than other coins and be adopted? I'm not trying to FUD or anything, I'm looking to invest, and like that the coin has such an active core team, but don't understand why people would prefer it over DRK or any other coin with an active dev team and more features.

Hi!

Mintcoin offers faster transactions than most coins and offers a high PoS rate for people who download the wallet and store their coins offline - We also have filed for Non Profit Organization status for Mintcoin Fund (on top of an active development team) that focuses on earth preservation efforts.

Hope that helps Smiley

oh! and its cheap with a nice stable sound floor
Argon18
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August 01, 2014, 09:33:39 PM
 #16211

What is special about mintcoin? Why will it fare better than other coins and be adopted? I'm not trying to FUD or anything, I'm looking to invest, and like that the coin has such an active core team, but don't understand why people would prefer it over DRK or any other coin with an active dev team and more features.

Hi!

Mintcoin offers faster transactions than most coins and offers a high PoS rate for people who download the wallet and store their coins offline - We also have filed for Non Profit Organization status for Mintcoin Fund (on top of an active development team) that focuses on earth preservation efforts.

Hope that helps Smiley

oh! and its cheap with a nice stable sound floor

Hi ,

Brand new to coins, but I read in some previous announcements, that you were considering changing the coin parameters.
What is the current POS and what are you planning to change it too?
And if you change the POS parameters won't you slow down the speed of the coin?
Thanks in advance for your answers.


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TookDk
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August 01, 2014, 09:37:38 PM
 #16212

Hi ,

Brand new to coins, but I read in some previous announcements, that you were considering changing the coin parameters.
What is the current POS and what are you planning to change it too?
And if you change the POS parameters won't you slow down the speed of the coin?
Thanks in advance for your answers.


It is not decided if or how the spec should be changed, at this point is there an open discussion about it, feel free to share your opinion.

About the "the speed of the coin", if you mean the confirmation time, then have I not heard about any suggestion to change this. The stake reward is independently of the block confirmations.

Cryptography is one of the few things you can truly trust.
cryptomommy
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August 01, 2014, 09:38:31 PM
 #16213

What is special about mintcoin? Why will it fare better than other coins and be adopted? I'm not trying to FUD or anything, I'm looking to invest, and like that the coin has such an active core team, but don't understand why people would prefer it over DRK or any other coin with an active dev team and more features.

Hi!

Mintcoin offers faster transactions than most coins and offers a high PoS rate for people who download the wallet and store their coins offline - We also have filed for Non Profit Organization status for Mintcoin Fund (on top of an active development team) that focuses on earth preservation efforts.

Hope that helps Smiley

oh! and its cheap with a nice stable sound floor

Hi ,

Brand new to coins, but I read in some previous announcements, that you were considering changing the coin parameters.
What is the current POS and what are you planning to change it too?
And if you change the POS parameters won't you slow down the speed of the coin?
Thanks in advance for your answers.


Hi Argon,

There was a discussion that was initiated as well as a survey that went around as apart of the Business Plan and Strategy document - as a result we will be making no changes to the coin; however create a economics learning center on the website to better educate new investors on financial terminology directly related to crypto currencies.

PoS variable interests:
        - 1st year: 20%
        - 2nd year: 15%
        - 3rd year: 10%
        - 4th and subsequent years: 5%

Right now we are 6 months into the first year so as long as you download your coins into your mintcoin wallet you will be earning the 20% annual interest in staking rewards on your coins!
TookDk
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August 01, 2014, 09:44:45 PM
 #16214

Hi ,

Brand new to coins, but I read in some previous announcements, that you were considering changing the coin parameters.
What is the current POS and what are you planning to change it too?
And if you change the POS parameters won't you slow down the speed of the coin?
Thanks in advance for your answers.

If you want to try out a PoS coin, and minting your own coin - then is buying MINT a great time. There is a whole new management and dev team in place, looks very promising (imo).

By the way, it take approximately 20 days for your coins to mature, which means if you transfer MINT to your mint-wallet today, then will it take ~20 days before you can earn the interest your own coins.

Cryptography is one of the few things you can truly trust.
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August 02, 2014, 12:27:47 AM
 #16215

Both Block Explorers are not working... please fix!!! Undecided

http://mint.blockx.info/get/chain/MintCoin
Saying the last block is from over 1 day 3 hours ago!!!??? I know this is not right, as I minted some new coins just even today.

http://mint.blockexplorer.cc/
Nothing at all.

We really need to make have reliable block explorers a priority.

I am trying to do a financial analysis of the coin, and I can't do it when the information about the network is no good.

Also, having an un-updated block explorer also understates other websites' presentation of Mintcoin's market capitalization.

For example:
http://coinmarketcap.com/ says we only have 19,508,565,921 MINT coins in circulation which is not accurate. We actually have a lot more coins in circulation now. This is significant because it hurts our market cap ranking.

(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.
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August 02, 2014, 12:44:48 AM
 #16216

What is special about mintcoin? Why will it fare better than other coins and be adopted? I'm not trying to FUD or anything, I'm looking to invest, and like that the coin has such an active core team, but don't understand why people would prefer it over DRK or any other coin with an active dev team and more features.
Extremely fast 2 minute transaction time. (30x faster than Bitcoin, 7.5x times faster than Litecoin)
Energy efficient. (Orders of magnitude more energy efficient than Bitcoin)
You don't need as much money in order to do POS minting than other coins, which require a lot more in order for you to be able to do POS and get minting rewards.
Good POS rewards. Lots of coins make for cheap price per coin, lot of upside potential. Good risk/reward ratio. Built for scalability.
POS reward - pays the dividend, + also pay the transaction fees to the minter.

PoS Minting is like PoW mining, only the difference is, with POS mining, the Mintcoins themselves are essentially the "mining gear" so there is no added extra cost of having to traditional power consuming mining gear). When you pool lots of coins together, they mint new coins for you over time.

(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.
cryptomommy
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August 02, 2014, 01:23:14 AM
 #16217

Both Block Explorers are not working... please fix!!! Undecided

http://mint.blockx.info/get/chain/MintCoin
Saying the last block is from over 1 day 3 hours ago!!!??? I know this is not right, as I minted some new coins just even today.

http://mint.blockexplorer.cc/
Nothing at all.

We really need to make have reliable block explorers a priority.

I am trying to do a financial analysis of the coin, and I can't do it when the information about the network is no good.

Also, having an un-updated block explorer also understates other websites' presentation of Mintcoin's market capitalization.

For example:
http://coinmarketcap.com/ says we only have 19,508,565,921 MINT coins in circulation which is not accurate. We actually have a lot more coins in circulation now. This is significant because it hurts our market cap ranking.


Contacted the admin - he said he turned it back on and it is qued to be picked back up again - it should be 100% by tomorrow - he wanted to renegotiate pricing. We are actively looking for a in-house solution for the community.
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August 02, 2014, 03:07:34 AM
 #16218

Just a quick little survey,

How long does the average Mintcoiner keep their coins in their wallet for before spending anything?
DougB62
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August 02, 2014, 04:24:23 AM
 #16219

Just a quick little survey,

How long does the average Mintcoiner keep their coins in their wallet for before spending anything?

Well I've had mine since Feb 24th, but I'm probably not average, and I started late.   Grin
cryptomommy
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August 02, 2014, 01:41:03 PM
 #16220

http://mint.blockexplorer.cc/chain/MintCoin
We are up

Please read and pass around this update:
http://mintcoin.cc/business-needs-donation-requests/

We need to raise .05 per month in btc to keep this service up while our community development team builds a long-term solution.
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