★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS]

[LionOfNarnia]

Great news!

Here's a special version of the banner for New Zealand:-

[kiklo]

In the Going to Court News.
Bitstamp filing a lawsuit against Jed McCaleb, the founder of both Ripple Labs and Stellar.
http://www.coindesk.com/bitstamp-court-1-million-dispute-ripple-jed-mccaleb/

In it is still a Scam Coin News.
http://cointelegraph.com/news/113866/gawminers-ceo-garza-rebrands-paybase-to-mineral-moves-operation-abroad


 

UPDATE:
https://www.cryptocoinsnews.com/paybase-shut-operations-dept-justice-involved/

[ZEITCOIN]

Zeit Wallet Install Instructions for New Users
Latest Version  2.0.1.6 Gauntlet

Download New Wallets from  http://www.zeit-coin.net  
You need Winrar to unzip the wallet, download winrar at
http://rarlabs.com/download.htm

From Here you have 3 Choices,    
_______________________________________________________________________________ __
Option 1:  Sync from the Very Beginning ( ~4 days)
Window Users :  Start SyncZeit.bat (Needs to be in the same directory as zeitcoin-qt.exe)
Windows Script download at https://www.dropbox.com/s/bq0crpw4d8mswfb/SyncZeit.bat?dl=0
Mac Users : Start sh synczeit_osx.sh in a terminal.
Mac Script download at https://www.dropbox.com/s/0k4mrpvt2u8211m/synczeit_osx.sh.txt?dl=0
Linux Users: Start sh synczeit_linux.sh in a terminal.
Linux Script download at https://www.dropbox.com/s/pc1jrtgtaivx166/synczeit_linux.sh.txt?dl=0
It will automatically restart hourly , once the Zeitcoin wallet is Fully Synced
(There will be a green check Mark in the lower right hand side of the screen) .
Close the Zeit Wallet and close SyncZeit script window.
From then on Start Zeitcoin-qt.exe directly and you are good to go.

If you don't want the automatic method here is the old way.
Option 1: Just start the new zeitcoin-qt.exe and let it sync from scratch , (take ~7 days), if it pauses during the sync, restart it and it will jump over the slow spots. (Optional : Click on Help , click debug , and under information Watch Blockchain Current number of Blocks, if you want to watch it sync the blocks)
_______________________________________________________________________________ ___
Option 2: BootStrap 3-17-2015 (Few hours)
Download the latest bootstrap file from http://www.zeit-coin.net/
Copy the bootstrap.dat file in the folder c:\Users\"username"\AppData\Roaming\Zeitcoin (for Windows) or in the Zeitcoin data folder for other OSes. Run the Zeitcoin software to import most of the blockchain locally and then to download only the rest and synchronize the client
_______________________________________________________________________________ _____
Option 3: Fast Way (30 minutes) if you don't want to wait for the Blockchain to sync from the beginning.  
Go to Any of the Following Links to get a copy of the Zeitcoin Blockchain from May 10th, 2015.

http://www.mediafire.com/folder/t5w94tr2qccz1

https://www.dropbox.com/s/1q5hzm4npzs5qmt/Zeit-Blockchain.zip?dl=0

Make sure Zeitcoin is closed
Then Unpack and copy & replace the files from Zeitcoin-Blockchain into
C:\Users\"username"\AppData\Roaming\Zeitcoin
Then open Zeitcoin and it will start syncing the BlockChain from May 10th, 2015 instead of the start.    

Filename:      Zeit-Blockchain.zip
MD5:            1EB5ACE934916ED86422055953B0B254
SHA1:           78819143C9D9A57D8A88F8E2473EABEBDD95464A
SHA-256:       D0BB9FB464C9DD3BC2B906E00AFD18AAE41C738DE2D2EAE3C0E777CF927B4989
_______________________________________________________________________________ _____
FYI
Current Users on ver 2.0.1.5 ,
All you need to do is download the new software 2.0.1.6 and replace the old one with it.
Open ver 2.0.1.6  zeitcoin-qt.exe and you are all set.

Zeit Wallet Upgrade Instructions for Anyone on an older version before 2.0.1.5
https://bitcointalk.org/index.php?topic=487814.msg9909181#msg9909181

[kiklo]

                                                                                





Southern Favorite

[Rent_a_Ray]

We are rolling out Multi-Pools for all POS coins in the next 3 weeks, You will be able to hit any of our profit switch pools and get paid in ZeitCoin

 
Many thanks!
Miners, time to heat up your ASICs.

Cheers

[LionOfNarnia]

WHAT fekkin' ASICs?

The only thing my ratty old GPUs (HD5870 & HD7990) are good for is mining Blake256, in preparation for the closed-beta release of the MMOFPS 'BlakeZone' next month. (Lion has earned an invite )

Has anyone done any trade on the new exchange yet?

What's the verdict?

[Rent_a_Ray]

WHAT fekkin' ASICs?

The only thing my ratty old GPUs (HD5870 & HD7990) are good for is mining Blake256, in preparation for the closed-beta release of the MMOFPS 'BlakeZone' next month. (Lion has earned an invite )

Has anyone done any trade on the new exchange yet?

What's the verdict?

Yes, trading works well.
I'm going to mine the amazing ZeitCoin when their setup is ready. 
(10 MH/s contract available)

Cheers

[sa_ddam213]

Sorry for the delay in listing, we seem to be having a lot of trouble syncing the wallet, been a few days and still only at block 700k, it stops every few hours and needs to be restarted.

I cant find any reason why its downloading so slow, we have synced 5 other coins in the same time, so I think its just the peers we are connecting to

Hoping it will finish tomorrow or the next day and it will be live for trading.

[Rent_a_Ray]

4-5 restarts are needed because of the max orphan memory issue.

[LionOfNarnia]

Got this via twatter - may be of some help for those who don't yet quite understand how the whole staking thing works.

This gets asked a lot whenever we have an unusually high Stake Weight on VeriStats - "How is it that there's X million stake weight if only 27 million coins exist?", so I figured this would help clear up some confusion with some very old wallets reviving - we'll be over 27M stake weight for a while probably.

The key here is Coin Age. Coin age is determined by the last time that particular Vericoin has been staked (and is reset if the VRC is sent to another wallet). It has a multiplicative effect on the likelyhood of contributing to block completion, and the portion of the payout. When a wallet is actively staking with only very brief periods of downtime, coin age is kept very low for all coins in that wallet. However, when a wallet is left offline for long periods of time (up to 365days - technically the max coin age of VRC), that allows the coin age to stack up to levels that would count those particular coins to many times their normal contribution to the network's stake weight. This means that when a large wallet, or a medium sized very old wallet, is staked for the first time in months, the network's Stake Weight will reflect that. As the coins are staked, it will level out, and the wallet's contribution to the network will no longer be weighted nearly as heavily. This is what allows Stake Weight to be larger than the total coins in existence.

As a general rule, high Stake Weight is a great sign. It means either A. A large number of coins are being actively staked, indicating a very strong network (after PoST, keep an eye out for this behavior ^_^), or B. Old, inactive nodes, are taking an interest in their wallet again - also a good sign for obvious reasons, and predictably occurs after a new release.

https://www.vericoinforums.com/threads/psa-stake-weight-and-you.986/

[kiklo]

In Another Exchange Bites the Dust News

Bitcoin Exchange Buttercoin Closing , Get coins out ASAP.
https://www.cryptocoinsnews.com/bitcoin-exchange-buttercoin-closing/

https://buttercoin.com/#/goodbye


 

[stevegreer]

I've never even heard of buttercoin.

[kiklo]

I've never even heard of buttercoin.

And that is why they are shutting down, not enough exposure for the capital invested.
Weird part they had even received seed money from google ventures.

https://buttercoin.com/#/about


 

FYI:
With Buttercoin gone , what will we put on our toastcoin?   
Maybe Maplecoin , where is a BlueberryJamcoin when you need it. 

[sa_ddam213]

slowly making progress, up to block 886908.

seems to download exactly 500 block then stop until its restarted then does another 500, still unsure as to the cause, but could be a dodgy peernode.

[kiklo]

After talking with Sa_ddam213 , it has become apparent we need to improve the 1st time syncing process for anyone not downloading the Monthly Blockchain or using the BootStrap for the initial Sync.
Thanks to his suggestion, this idea unfolds

We create a batch or script file to be included with each wallet downloads, that restarts the wallet automatically every hour.  Windows User would place both zeitcoin-qt.exe & SyncZeit.bat in the same directory. 1st time sync users would run SyncZeit.bat which would automatically start the Zeit Wallet and Close & Restart it each Hour. Once Fully Synced they can close the SyncZeit.bat window and delete the SyncZeit.bat file as it would never be needed on the PC again. Then access the wallet normally from then after.

Wrote 1 for Windows called called SyncZeit.bat
Can be downloaded from https://www.dropbox.com/s/bq0crpw4d8mswfb/SyncZeit.bat?dl=0
______________________________________________
@echo off
:loop
cls
start /min zeitcoin-qt.exe -maxconnections=8
Echo 1st Time Sync with Zeit Network
timeout /t 3600
taskkill /im zeitcoin-qt.exe
echo Wait 90 seconds before Restarting Wallet
timeout /t 90
goto loop
________________________________________________

Now we only need to make a script for the Mac & Linux.
We include the scripts with each wallet in the rar file.
And we can post a link to the linux script for anyone that gets it directly from Github.

 

[Rent_a_Ray]

Good work, kiklo.

We should fix that issue in (one of) the next versions:
https://github.com/bitcoin/bitcoin/pull/4468 (Bitcoin: Headers first patch)

It ends up with a fork.

Cheers,
Ray

[kiklo]

Good work, kiklo.

We should fix that issue in (one of) the next versions:
https://github.com/bitcoin/bitcoin/pull/4468 (Bitcoin: Headers first patch)

It ends up with a fork.

Cheers,
Ray

In the Future Version with https://github.com/bitcoin/bitcoin/pull/4468 (Bitcoin: Headers first patch),
Would also adding  https://github.com/google/leveldb in the same version.
Give any gains that would be useful?


 

[Rent_a_Ray]

Based on kiklo's windows script:

MacOS script (ZeitCoin Client - TESTED):

Code:

#!/bin/bash
#MACOSX
echo "\n\n\n\nZeitcoin Chain Loader (CTRL-C [^C] to close)\n"
while [ true ] ; do
echo "Loading...\n\n"
/Applications/zeitcoin-qt.app/Contents/MacOS/zeitcoin-qt &
sleep 3600
osascript -e 'quit app "zeitcoin-qt"'
echo "Restarting...\n\n"
sleep 90
done

Copy the code into a file called synczeit_osx.sh and start it in the terminal with:
>   sh synczeit_osx.sh


Linux/FreeBSD/Darwin script (ZeitCoin Client - UNTESTED):

Code:

#!/bin/bash
#LINUX
echo -e "\n\n\n\nZeitcoin Chain Loader (CTRL-C to close)\n"
while [ true ] ; do
echo -e "Loading...\n\n"
/path/to/zeitcoin-qt &
sleep 3600
killall -9 zeitcoin-qt
echo -e "Restarting...\n\n"
sleep 90
done

First replace </path/to/....> with your application path, then
copy the code into a file called synczeit_linux.sh and start it in the terminal with:
>   sh synczeit_linux.sh

Cheers,
Ray

PS: Would be nice if someone could test the Linux version.

[solarion]

Bit like passin' a stone that one was.

PS: Would be nice if someone could test the Linux version.

I could possibly scare up a linux vmx and give that a shot bruh. All work and no nerd play time is making solar a dull boy.

[kiklo]

Here is a strange one: In WTF News.

http://www.multifaucet.tk/index.php?blockexplorer=ZEIT&network_info

The Zeit Block Explorer on multifaucet is being bombarded by IP Addresses
with No Subver, version should be 2.0.1.6 or 2.0.1.5 , the never updated guys would be .072
But no subver at all :  
119.133.36.242      Near: Guangzhou, Guangdong, China
118.186.156.249    Chaoyang, Liaoning, China
219.134.75.77       Shenzhen, Guangdong, China
114.216.86.191      Nanjing, Jiangsu, China
49.68.163.148        Nanjing, Jiangsu, China

http://ip-address-lookup-v4.com
Says they are all in China

In the words of Sherlock Holmes, The Game is afoot.