★★ [ANN] ECCoin (ECC) ★★★ ECCoin - Green Future FORK FIXED UPGRADE NEEDED

[zombiefolly]

https://cryptorush.in/index.php?p=vote

If you want to get ECC to go "to the moon" and you aren't voting every hour on Cryptorush...why not?  Depending on level of trading there, you can vote multiple times an hour.  Seriously, go vote!

[1715685058]

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[1715685058]

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[1715685058]

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[gouda]

https://cryptorush.in/index.php?p=vote

If you want to get ECC to go "to the moon" and you aren't voting every hour on Cryptorush...why not?  Depending on level of trading there, you can vote multiple times an hour.  Seriously, go vote!

i have been doing the same at mintpal.com every 1 i can

[timerland]

I have some questions about PoS... I've read about it and understand the general concept, but I think an example with real numbers would very useful.  
So can someone describe what will happen for someone holding 100000 ECCoin?   If I have 100k today, will it start paying PoS interest in 42 days or is it from the time PoW ends?  Is there a minimum amount required?  
Thanks!

No minimum required. 25% is the annual rate, so 100K you hold 42 days, will generate approximately
100000 * 0.25 * 42 / 365 = 2876 ECCs.

And then you hold 102876 ECCs, hold another 42 days will generated you
102876 * 0.25 * 42 / 365 = 2959 ECCs, and so on and so forth.

This helps but also confuses me more at the same time...  
You make it seem like interest payouts (aka PoS rewards) are only paid out every 42 days, but isn't it 42 days of holding?  The example shows that after 84 days, I'd have 102876 ECC, but aren't there any rewards paid on days 43 to 83 on the 100k stake?
So on the first day of PoS rewards, 2876 ECC are earned from holding 100k as shown, and wouldn't the same be earned the on day 2 of PoS?  Then after 42 days of holding the first 2876 PoS reward, it starts earning PoS reward as well?

I guess what he said is that you hold 100K for 42 days, then you will get 2876 ECCs in pos blocks, then you have 102876 ECCs now, holding them another 42 days will generate another 2959 ECCs for you. Pos is exactly like interests, and the 2nd time you like get the compound interest, your 2nd interest is based on 102876 that's why you get more 2nd time.

I've just found the answer I was looking for here:  http://bitcoin.stackexchange.com/questions/20007/how-does-proof-of-stake-mining-work
I initially thought the PoS payout was like daily compound interest from the banking world but it is 42-day compound interest.
It's the detail about coin-age being reset to zero upon PoS payout that I wasn't aware of.

yes that makes a huge difference

no pos coin is doing daily compound

[timerland]

https://cryptorush.in/index.php?p=vote

If you want to get ECC to go "to the moon" and you aren't voting every hour on Cryptorush...why not?  Depending on level of trading there, you can vote multiple times an hour.  Seriously, go vote!

to be listed there, you just need to pay them 0.25 btc. the vote can go forever, some coins have some crazy people who vote using VPN and not limited by hour, they can get as many IPs as they want, so voting doesn't make much sense now.

[gouda]

https://cryptorush.in/index.php?p=vote

If you want to get ECC to go "to the moon" and you aren't voting every hour on Cryptorush...why not?  Depending on level of trading there, you can vote multiple times an hour.  Seriously, go vote!

to be listed there, you just need to pay them 0.25 btc. the vote can go forever, some coins have some crazy people who vote using VPN and not limited by hour, they can get as many IPs as they want, so voting doesn't make much sense now.

no that has been changed... vpn no longers works as its per account now

[gouda]

and i just tested it. vpn no longer works

[uhfska]

I have a question about the minting process. I have my wallet encrypted and now it says "minting process suspended due to locked wallet".  Does the wallet have to be unlocked to mint?? and If I have it locked now does the minting day start from when the coins are unlocked?

[crypto-dude]

I have a question about the minting process. I have my wallet encrypted and now it says "minting process suspended due to locked wallet".  Does the wallet have to be unlocked to mint?? and If I have it locked now does the minting day start from when the coins are unlocked?

The wallet has to be unlock in order to mint. Use console to do it.

Open you wallet, if it's not synchronized go to the first page of this thread. If it is, then go to  Help -> Debug window -> console

write this :

walletpassphrase <passphrase> 999999 true

where <passphrase> = your passphrase

For pos the coin-day is not affected because the wallet locked. Once unlocked the related coin days will be used for pos minting.

[crypto-dude]

https://cryptorush.in/index.php?p=vote

If you want to get ECC to go "to the moon" and you aren't voting every hour on Cryptorush...why not?  Depending on level of trading there, you can vote multiple times an hour.  Seriously, go vote!

to be listed there, you just need to pay them 0.25 btc. the vote can go forever, some coins have some crazy people who vote using VPN and not limited by hour, they can get as many IPs as they want, so voting doesn't make much sense now.

that's a good way to get listed 

[jamesclark]

https://cryptorush.in/index.php?p=vote

If you want to get ECC to go "to the moon" and you aren't voting every hour on Cryptorush...why not?  Depending on level of trading there, you can vote multiple times an hour.  Seriously, go vote!

to be listed there, you just need to pay them 0.25 btc. the vote can go forever, some coins have some crazy people who vote using VPN and not limited by hour, they can get as many IPs as they want, so voting doesn't make much sense now.

that's a good way to get listed 

exchanges have to make some BTCs, smaller exchange the commissions are not enough... it is at least better than the vote which a lot people cheated.

[gouda]

keep voting on mintpal we just passed gpu coin!!!! we can do it!!!!

[gouda]

out net hash is still low today!!! come on peeps spread the word!!! get our name out there!!!!

but i do like the lower diff we were at 41+ now at 22

[gouda]

lol i make a post and now we back up to 2.68 lets keep it going !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[124C41]

Is there a new wallet version in development so that we can unlock without using console?

I have a question about the minting process. I have my wallet encrypted and now it says "minting process suspended due to locked wallet".  Does the wallet have to be unlocked to mint?? and If I have it locked now does the minting day start from when the coins are unlocked?

The wallet has to be unlock in order to mint. Use console to do it.

Open you wallet, if it's not synchronized go to the first page of this thread. If it is, then go to  Help -> Debug window -> console

write this :

walletpassphrase <passphrase> 999999 true

where <passphrase> = your passphrase

For pos the coin-day is not affected because the wallet locked. Once unlocked the related coin days will be used for pos minting.

[strasboug]

lol i make a post and now we back up to 2.68 lets keep it going !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

not too much time for the distribution, let's profit it and get more

[hostmaster]

lol i make a post and now we back up to 2.68 lets keep it going !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

not too much time for the distribution, let's profit it and get more

You should enjoy these low difficulty days, loyal miners is the winners.

[hostmaster]

Is there a new wallet version in development so that we can unlock without using console?

I have a question about the minting process. I have my wallet encrypted and now it says "minting process suspended due to locked wallet".  Does the wallet have to be unlocked to mint?? and If I have it locked now does the minting day start from when the coins are unlocked?

The wallet has to be unlock in order to mint. Use console to do it.

Open you wallet, if it's not synchronized go to the first page of this thread. If it is, then go to  Help -> Debug window -> console

write this :

walletpassphrase <passphrase> 999999 true

where <passphrase> = your passphrase

For pos the coin-day is not affected because the wallet locked. Once unlocked the related coin days will be used for pos minting.

yes, we are developing it. I'll give a new version in a few days with it

[strasboug]

Is there a new wallet version in development so that we can unlock without using console?

I have a question about the minting process. I have my wallet encrypted and now it says "minting process suspended due to locked wallet".  Does the wallet have to be unlocked to mint?? and If I have it locked now does the minting day start from when the coins are unlocked?

The wallet has to be unlock in order to mint. Use console to do it.

Open you wallet, if it's not synchronized go to the first page of this thread. If it is, then go to  Help -> Debug window -> console

write this :

walletpassphrase <passphrase> 999999 true

where <passphrase> = your passphrase

For pos the coin-day is not affected because the wallet locked. Once unlocked the related coin days will be used for pos minting.

yes, we are developing it. I'll give a new version in a few days with it

Glad the dev is active on it, looking forward to the new version.

[jamesclark]

I like this coin

[gouda]

lol i make a post and now we back up to 2.68 lets keep it going !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

not too much time for the distribution, let's profit it and get more

You should enjoy these low difficulty days, loyal miners is the winners.

indeed.. been mining 24/7 for days now!!!!