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Question: ZEITCOIN
https://zeit-coin.net
https://zeit-knights.slack.com
https://t.me/zeit_coin

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Author Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS]  (Read 1009207 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (3 posts by 1+ user deleted.)
bumblebee33
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March 07, 2014, 09:01:11 AM
 #3201

The mentioned blockexplorer only displays transactions until the 4th of March.

http://bt.nice-media.ru/chain/Zeitcoin

Anybody know about this?
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Reply with quote  #2

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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mrmork666
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March 07, 2014, 09:04:13 AM
 #3202

The mentioned blockexplorer only displays transactions until the 4th of March.

http://bt.nice-media.ru/chain/Zeitcoin

Anybody know about this?
that is unofficial one

Why the blockchain explorer (http://bt.nice-media.ru/chain/Zeitcoin) is not in sync with the network?

It is not our offical one that is what we have said our official one is being migrated to a new server to handle queries load

Join The Zeitcoin Movement
Zeit : MhcEMb6YvZCnb4TPnti74p4s6mNiRvGMbQ | Ltc : LVAfAYf3dr47v5JbVRbGHfqUfKPLTx9Vnk
bumblebee33
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March 07, 2014, 09:08:21 AM
 #3203

The mentioned blockexplorer only displays transactions until the 4th of March.

http://bt.nice-media.ru/chain/Zeitcoin

Anybody know about this?
that is unofficial one

Why the blockchain explorer (http://bt.nice-media.ru/chain/Zeitcoin) is not in sync with the network?

It is not our offical one that is what we have said our official one is being migrated to a new server to handle queries load

So how can I look up a transaction that is not coming through the exchange?
awais3344
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March 07, 2014, 09:10:43 AM
 #3204

i withdraw from cryptorush to my wallet, coins are stuck, 0/3 confirmations, pending.
tx id 441161740f24345aaab422f7c1ae2a94b6f2dcc2dff417ffff6cb4d5ab7c0c76

what to do?
wait

its been really long, still 0/3, pending confirmation, i think its stuck.

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
NEOSCOIN
  +POD Developers +Active Community - V2 Coming Soon! Live In-App Trading, Live Pool Stats - IRC - Arbitrush Anonymous System soon!! NEOSCOIN
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
bumblebee33
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March 07, 2014, 09:16:47 AM
 #3205

i withdraw from cryptorush to my wallet, coins are stuck, 0/3 confirmations, pending.
tx id 441161740f24345aaab422f7c1ae2a94b6f2dcc2dff417ffff6cb4d5ab7c0c76

what to do?
wait

its been really long, still 0/3, pending confirmation, i think its stuck.

Hey, same thing happened with me. That's why I wrote about blockchain explorer.
awais3344
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March 07, 2014, 09:19:26 AM
 #3206

i withdraw from cryptorush to my wallet, coins are stuck, 0/3 confirmations, pending.
tx id 441161740f24345aaab422f7c1ae2a94b6f2dcc2dff417ffff6cb4d5ab7c0c76

what to do?
wait

its been really long, still 0/3, pending confirmation, i think its stuck.

Hey, same thing happened with me. That's why I wrote about blockchain explorer.

what to do now. I am going to wait a bit more. but 0/3 confirmations seem like they're totally stuck.

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
NEOSCOIN
  +POD Developers +Active Community - V2 Coming Soon! Live In-App Trading, Live Pool Stats - IRC - Arbitrush Anonymous System soon!! NEOSCOIN
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
mrmork666
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March 07, 2014, 09:21:11 AM
 #3207

i withdraw from cryptorush to my wallet, coins are stuck, 0/3 confirmations, pending.
tx id 441161740f24345aaab422f7c1ae2a94b6f2dcc2dff417ffff6cb4d5ab7c0c76

what to do?
wait

its been really long, still 0/3, pending confirmation, i think its stuck.

Hey, same thing happened with me. That's why I wrote about blockchain explorer.

i think crytorush had some kind of maintenance regarding zeitcoin
so they might still have long queues of withdraws or some problems
i suggest you to contact them
https://www.cryptorush.in/index.php?p=support

Join The Zeitcoin Movement
Zeit : MhcEMb6YvZCnb4TPnti74p4s6mNiRvGMbQ | Ltc : LVAfAYf3dr47v5JbVRbGHfqUfKPLTx9Vnk
yodoberman
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March 07, 2014, 09:55:34 AM
 #3208

same here
G K G
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March 07, 2014, 10:14:27 AM
 #3209

I believe zeith has more potential than the 2satoshi value. now its beeing dumped by the daily profit miners.
I'll wait till all the coins are mined and see how the price reacts then

This is basically a POS coin. so the longer you hold the more you'll get

G K G
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March 07, 2014, 10:20:01 AM
 #3210

So i decided to check the block finder option at my pool
It shows that i've found 3 blocks and generated 2.3mil coins. but my total share at the pool fom day1 is only 800k  Cry

guntherp
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March 07, 2014, 10:27:35 AM
 #3211

Do we know when PoS will start?
gazzamc
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March 07, 2014, 10:28:45 AM
 #3212

Do we know when PoS will start?

When your coins have been in the wallet for 20 days or more... I believe.
guntherp
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March 07, 2014, 10:33:31 AM
 #3213

Do we know when PoS will start?

When your coins have been in the wallet for 20 days or more... I believe.

Found it. Wasn't mentioned in the post here

Zeitcoin (ZEIT)

Zeitcoin is an innovative, secure and energy efficient PoW/PoS coin. It uses a faster PoW distribution mechanism to distribute the initial coins, then after 6 weeks the coin is basically transferred to a pure PoS coin, where the generation of the coin is mainly through the PoS interests.

Zeitcoin also adopt a variable PoS rate, which gives the highest payout at 25% the first year, then decrease 5% per year until the 4th year it reaches annual interest rate of 5%, then it will remain at this rate.

Because after 6 weeks it is basically a pure PoS coin, it does not need to be intensively mined, as the PoW payout will remain the minimum. Most coins will be generated through PoS, thus it is a coin that will save a lot of energy compared to other coins.

Zeitcoin will have a total of 99 billion coins. Initially each block will deliver 250000 to 1000000 coins randomly. The PoW payout will be halved each week (7 days). After 6 weeks, the PoW payout will be fixed at 1 coin per block.

PoS will start after at least 20 days of holding of the coins in the wallet. With PoS, the coin is more resilient to 51% attack.

Other Specifications: - 30 seconds block target - 250000 to 1000000 coins per block initially - PoW payout will be halved every week for the first 6 weeks - After 6 weeks, the PoW payout will be fixed at 1 coin per block - Difficulty retargets every block - PoS variable interests: - 1st year: 25% - 2nd year: 20% - 3rd year: 15% - 4th and subsequent years: 5% - Total coins will be 99 billions - 4 confirmations for transaction, thus fast 2 mins confirmation for transdactions - 50 confirmations for blocks - 1% premine for bounties, giveaways, development, support and maintenance, new feature developments etc.
aircrusan
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March 07, 2014, 10:46:00 AM
 #3214

noob question:

What does PoS mean?  Huh

thanks
gazzamc
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March 07, 2014, 10:57:34 AM
 #3215

noob question:

What does PoS mean?  Huh

thanks

Piece of sh*t always pops in my head when i see that lol... anyway it stands for Proof-Of-Stake (from a google search Wink)
guntherp
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March 07, 2014, 10:57:50 AM
 #3216

noob question:

What does PoS mean?  Huh

thanks

PoW: proof-of-work, mining, will stop after 6 weeks
PoS: proof-of-stake, minting, coins are generated without mining based on the amount that you have in your wallet (for at least 20 days in this case)
restless
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March 07, 2014, 11:17:34 AM
 #3217

1 week... still waiting to receive promised bonuses for following twitter before the start and a translation...
Anonymousg64
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March 07, 2014, 11:19:58 AM
 #3218

1 week... still waiting to receive promised bonuses for following twitter before the start and a translation...

use PM or DM and contact the OP
locopao
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March 07, 2014, 12:44:09 PM
 #3219

noob question:

What does PoS mean?  Huh

thanks

PoW: proof-of-work, mining, will stop after 6 weeks
PoS: proof-of-stake, minting, coins are generated without mining based on the amount that you have in your wallet (for at least 20 days in this case)


When you say "proof-of-stake, minting, coins are generated without mining based on the amount that you have in your wallet" you mean that i will have some extra coins added into my wallet without doing nothing at all, just for keeping the coins for at least 20 days?

In wiki i read "Proof-of-stake is a method of securing a cryptocurrency network through requesting users to show ownership of a certain amount of currency."

Sorry for my stupid questions but i cannot find someone to explain this to me.

Regards
angryacorn
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March 07, 2014, 01:01:36 PM
 #3220

noob question:

What does PoS mean?  Huh

thanks

PoW: proof-of-work, mining, will stop after 6 weeks
PoS: proof-of-stake, minting, coins are generated without mining based on the amount that you have in your wallet (for at least 20 days in this case)


When you say "proof-of-stake, minting, coins are generated without mining based on the amount that you have in your wallet" you mean that i will have some extra coins added into my wallet without doing nothing at all, just for keeping the coins for at least 20 days?

In wiki i read "Proof-of-stake is a method of securing a cryptocurrency network through requesting users to show ownership of a certain amount of currency."

Sorry for my stupid questions but i cannot find someone to explain this to me.

Regards

yep pretty much Smiley thats why its good to hold and wait and not dump!
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