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

[bumblebee33]

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

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

Anybody know about this?

[mrmork666]

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

[bumblebee33]

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]

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.

[bumblebee33]

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]

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.

[mrmork666]

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

[yodoberman]

same here

[G K G]

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]

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 

[guntherp]

Do we know when PoS will start?

[gazzamc]

Do we know when PoS will start?

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

[guntherp]

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]

noob question:

What does PoS mean? 

thanks

[gazzamc]

noob question:

What does PoS mean?  

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 )

[guntherp]

noob question:

What does PoS mean? 

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]

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

[Anonymousg64]

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]

noob question:

What does PoS mean? 

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]

noob question:

What does PoS mean? 

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 thats why its good to hold and wait and not dump!