Qan
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January 08, 2018, 11:29:40 AM |
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For Windows user. Please confirm if these steps are right ? 1. Download the wallet for Windows. √ 2. Confirm Hashes match. √ 3. Run the wallet. √ 4. Because it's going to take a month to sync the wallet because there's a huge amount of blocks to sync, so download and install the snapshot so sync is quicker. √ BlockChain Snapshot5. Run wallet again. √ 6. Encrypt the wallet. √ 7. Take backup of the wallet, preferably multiple
8. Unlock the wallet , to Verify Your Password is Correct.
9. Transfer your coins from exchange to your Wallet Address.
10. Start Wallet & Sync, once Synced, Unlock Wallet so it can Stake (Coins have to be in the Wallet a minimum of 24 hours before they can stake. The Larger the # of coins in a block the sooner it will stake.)
11. Take backup of the wallet, preferably multiple?Also, what is wallet.dat and what is it's significance? What other things do I need to know so that I don't f up ? √ mark where you were right and small changes in BlueThe Wallet.dat is the file that holds your ZEIT address & Private Keys. It is the Most Important File , that you have to backup religiously to make sure your ZEIT is Safe. Without your wallet.dat , you can not access your coins. Mainly Backup it up Daily if you Stake A lot , but at least once a week to be safe. I like to include the date, in the backup, With the ZEIT wallet Open, Click File , Backup Wallet . Multiple copies, on Multiple Devices is the best way to do it. That way if one of the backup drives died, your have a 2nd or 3rd to restore from. Flash Drives, USB hard drives, Recommendations for people that also backup to a cloud provider, use Winrar or another program like Truecrypt and encrypt the walletbackup with a 2nd password. Can't make it easy for our friends at the NSA to steal our coins. Also if you use a cloud backup , please keep a Flash drive as a secondary backup as cloud providers don't always have your backup when you need it. Just one more question please; what is a bootstrap.dat file and what is it's significance?
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KikloV
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January 08, 2018, 12:12:40 PM |
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Just one more question please; what is a bootstrap.dat file and what is it's significance?
Bootstrap.dat was the old way of fast syncing before We started using the Snapshot. You would make a bootstrap.dat by copying the blk*.dat files into 1 file, Then by placing the bootstap.dat file in the zeitcoin directory, it would sync from the bootstrap.dat file instead of the internet. Bootstraps only work for brand new installs, and your wallet still runs thru and verifies every block , which ties up the CPU and Memory. Snapshots are bigger downloads, but they don't run thru an verify every block, they just start syncing from when they were created. Comparison, if we made a snapshot and a bootstrap file today and begun syncing them at the same time. The Snapshot install would be fully synced within an hour. The Bootstrap would take ~ 2 or 3 days depending on the CPU speed and Ram. * Snapshots can be used for Brand New or Existing installs if for some reason the blockchain on the hard drive gets corrupted.*
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Qan
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Activity: 159
Merit: 1
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January 08, 2018, 12:25:29 PM |
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Just one more question please; what is a bootstrap.dat file and what is it's significance?
Bootstrap.dat was the old way of fast syncing before We started using the Snapshot. You would make a bootstrap.dat by copying the blk*.dat files into 1 file, Then by placing the bootstap.dat file in the zeitcoin directory, it would sync from the bootstrap.dat file instead of the internet. Bootstraps only work for brand new installs, and your wallet still runs thru and verifies every block , which ties up the CPU and Memory. Snapshots are bigger downloads, but they don't run thru an verify every block, they just start syncing from when they were created. Comparison, if we made a snapshot and a bootstrap file today and begun syncing them at the same time. The Snapshot install would be fully synced within an hour. The Bootstrap would take ~ 2 or 3 days depending on the CPU speed and Ram. * Snapshots can be used for Brand New or Existing installs if for some reason the blockchain on the hard drive gets corrupted.* Understood. For anyone who isn't looking to stake, he would still need to sync the wallet and transfer the coins from the exchange to wallet on the computer right? And when the wallet backup is made, does it also include the blocks? Let's imagine I made the wallet backup, and now would like to restore it..and there's already a new wallet version out there? What would I need to do? Sorry too many questions, but I have these confusions in my mind. What I am looking to do is Install wallet, transfer coins, take backup and save at several places, forget about it and look at it when the coins are worth a lambo (LOL).
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KikloV
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January 08, 2018, 01:27:20 PM |
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Understood.
For anyone who isn't looking to stake, he would still need to sync the wallet and transfer the coins from the exchange to wallet on the computer right? If he does not want to stake, he can leave his coins on the exchange, but he is trusting the exchange completely when he does so. Not recommended.
And when the wallet backup is made, does it also include the blocks? When you use File , Backup Wallet , Only the Wallet.dat is Backed up.
Let's imagine I made the wallet backup, and now would like to restore it..and there's already a new wallet version out there? What would I need to do? Follow the same steps as here : 1. Download the wallet for Windows. 2. Confirm Hashes match. 3. Run the wallet. 4. Download & Install BlockChain Snapshot 5. Restore /Copy your wallet.dat into c:\Users\"username"\AppData\Roaming\Zeitcoin 6. Run the Wallet (Zeitcoin-qt.exe - rescan) and it will show your Balance. (Rescan takes a while , but makes sure your balance is correct.)
What I am looking to do is Install wallet, transfer coins, take backup and save at several places, forget about it and look at it when the coins are worth a lambo (LOL).
Answers in Blue. FYI:
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Qan
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Activity: 159
Merit: 1
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January 08, 2018, 01:37:33 PM |
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Understood.
For anyone who isn't looking to stake, he would still need to sync the wallet and transfer the coins from the exchange to wallet on the computer right? If he does not want to stake, he can leave his coins on the exchange, but he is trusting the exchange completely when he does so. Not recommended.
And when the wallet backup is made, does it also include the blocks? When you use File , Backup Wallet , Only the Wallet.dat is Backed up.
Let's imagine I made the wallet backup, and now would like to restore it..and there's already a new wallet version out there? What would I need to do? Follow the same steps as here : 1. Download the wallet for Windows. 2. Confirm Hashes match. 3. Run the wallet. 4. Download & Install BlockChain Snapshot 5. Restore /Copy your wallet.dat into c:\Users\"username"\AppData\Roaming\Zeitcoin 6. Run the Wallet (Zeitcoin-qt.exe - rescan) and it will show your Balance. (Rescan takes a while , but makes sure your balance is correct.)
What I am looking to do is Install wallet, transfer coins, take backup and save at several places, forget about it and look at it when the coins are worth a lambo (LOL).
Answers in Blue. FYI: Thanks again!
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CoinEraser
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Activity: 1988
Merit: 1768
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January 08, 2018, 04:14:56 PM |
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Bad news from cryptopia. They closed the LTC/Doge markets. Pity! It was my favorite exchange for zeitcoins. https://www.cryptopia.co.nz/Exchange/?market=ZEIT_LTC Market Closing
Due to being unable to provide any kind of realistic or accurate ETA on both the DOGE/LTC markets being resumed, we have decided it best to close these base markets at this time. Please close any open orders, and we apologize for the inconvenience.
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Qan
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January 08, 2018, 04:18:49 PM |
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Have already requested cryptopia to open Zeit/btc pair. Let's hope they open it.
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CointMeIn
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January 08, 2018, 06:47:16 PM |
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Have already requested cryptopia to open Zeit/btc pair. Let's hope they open it.
Anywhere we can go to request the same?
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stevegreer
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Official Zeitcoin community ambassador
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January 08, 2018, 09:12:29 PM |
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And rising and rising! I still find myself wondering how exactly is so much volume getting traded on CoinExchange when the Zeit wallet is still in maintenance mode.
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stevegreer
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Official Zeitcoin community ambassador
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January 08, 2018, 09:15:37 PM |
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That 1 satoshi sell wall on the BTC pairing is evaporating away on SouthXchange.
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smoky001
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Astrum
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January 09, 2018, 12:07:26 AM |
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Hi guys the snapshot in op seems to be damaged I can't get it out of the rar/zip file any tips on why its not working? thanks alot are there any other snapshots? guess Ill have to sync it the old way
I thought the same. But i tried a new winrar version (5.50) and with it i can open the files. Maybe your winrar version is also to old. Try a new one. thanks guys for fast replies finaly it was really only winrar issue so everything is working and synced! I was mining Zeit in the beginning and I'm really happy to see it still works very well its very fast and solid hope it gets the value it deserves! Are there any promotion Ideas or plans for some new exchanges? meybe we should help it a little I've also just sent a ticket to cryptopia to consider activation of zeit/btc pair
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KikloV
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January 09, 2018, 02:00:04 AM |
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Hi guys the snapshot in op seems to be damaged I can't get it out of the rar/zip file any tips on why its not working? thanks alot are there any other snapshots? guess Ill have to sync it the old way
I thought the same. But i tried a new winrar version (5.50) and with it i can open the files. Maybe your winrar version is also to old. Try a new one. thanks guys for fast replies finaly it was really only winrar issue so everything is working and synced! I was mining Zeit in the beginning and I'm really happy to see it still works very well its very fast and solid hope it gets the value it deserves! Are there any promotion Ideas or plans for some new exchanges? meybe we should help it a little I've also just sent a ticket to cryptopia to consider activation of zeit/btc pair Exchange Status alcurex: Online / Normal Speed / Deposits and Withdrawals working normally Cryptopia: Unknown Future with the closing of the LTC/Doge Markets / Currently No Active ZEIT Trading / Wallet Deposits and Withdrawals working normally NovaExchange: Awaiting New Owners / Unknown Future SouthXchange: Online / Normal Speed / Deposits and Withdrawals working normally TradeSatoshi: Online / Slow interface due to Growing pains / Deposits and Withdrawals working normally CoinExchange: Trading Active But No Deposits or Withdrawals since they have not kept their wallet synced Yobit: Trading Active But No Deposits or Withdrawals since they have not kept their wallet synced(Anyone on these two contact their support, and complain in their chat rooms why they can't sync their ZEIT Wallets.) (Maybe if enough people complain they will sync their wallets and be a fully functional exchange again.)
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MisterPresident
Member
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Activity: 116
Merit: 10
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January 09, 2018, 02:17:51 AM |
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Hi guys the snapshot in op seems to be damaged I can't get it out of the rar/zip file any tips on why its not working? thanks alot are there any other snapshots? guess Ill have to sync it the old way
I thought the same. But i tried a new winrar version (5.50) and with it i can open the files. Maybe your winrar version is also to old. Try a new one. thanks guys for fast replies finaly it was really only winrar issue so everything is working and synced! I was mining Zeit in the beginning and I'm really happy to see it still works very well its very fast and solid hope it gets the value it deserves! Are there any promotion Ideas or plans for some new exchanges? meybe we should help it a little I've also just sent a ticket to cryptopia to consider activation of zeit/btc pair Exchange Status alcurex: Online / Normal Speed / Deposits and Withdrawals working normally Cryptopia: Unknown Future with the closing of the LTC/Doge Markets / Currently No Active ZEIT Trading / Wallet Deposits and Withdrawals working normally NovaExchange: Awaiting New Owners / Unknown Future SouthXchange: Online / Normal Speed / Deposits and Withdrawals working normally TradeSatoshi: Online / Slow interface due to Growing pains / Deposits and Withdrawals working normally CoinExchange: Trading Active But No Deposits or Withdrawals since they have not kept their wallet synced Yobit: Trading Active But No Deposits or Withdrawals since they have not kept their wallet synced(Anyone on these two contact their support, and complain in their chat rooms why they can't sync their ZEIT Wallets.) (Maybe if enough people complain they will sync their wallets and be a fully functional exchange again.) I think everything will be ok, soon.
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chrisnet
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January 09, 2018, 07:04:25 AM |
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Cant get the wallet somehow.
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Qan
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Activity: 159
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January 09, 2018, 07:07:46 AM |
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Cant get the wallet somehow. Why what's wrong ? I downloaded yesterday and all went well.
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bannedzee
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January 09, 2018, 07:51:33 AM |
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Just bought some on CoinExchange.
Anyone know the max supply?
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bubbaj
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January 09, 2018, 08:44:48 AM |
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Just bought some on CoinExchange.
Anyone know the max supply?
Yep many many billions, however every shitcoin and its dog seems to be having its day. Hold and get your $50 doubled
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Qan
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January 09, 2018, 08:53:05 AM |
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Just bought some on CoinExchange.
Anyone know the max supply?
The current supply is less than 37 billion and coins are minted through staking. The interest rate currently is 0.0005%. So about only 185,000 new coins will be generated this year. The maximum supply is 300 bn coins, and it will take a LONG LONG time for every coin to have minted. These coins are only attributed to people who stake and keep coins in their wallet and contribute by verifying transactions.
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Qan
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Activity: 159
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January 09, 2018, 10:54:24 AM |
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So I have copied the contents of the snapshot into the folder in the instructions. But it looks like it's still syncing from the start :/
I don't know what am I doing wrong :S
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