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Klarisskin
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May 18, 2014, 02:01:55 PM |
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This doesn't answer the question. We know that there are 1.6mln CAIx mined. The question is how many of them are already in general public hands, and how many are still in developers hands. |
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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weareken
Newbie
 Offline
Activity: 27
Merit: 0
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May 18, 2014, 02:22:03 PM |
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when does mining for CAI end? what block?
Yes, can someone please answer this question. If it's 28 coins per block, then 1.6 million would be mined at about block 57142. We're at about 49600 right now, leaving a difference of about 7542 blocks. At 1.75 mins per block that would take 220 hours. I don't want to mine after the 1.6 million are exchanged as the CAI coins will be worthless, but how do we know what block to stop?  Also, is the ~32k CAIx on coin swap the last that will be exchanged? |
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firedoner
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May 18, 2014, 02:57:10 PM |
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so we exchange the old caishen which was POW, for a pure POS coin cai-x.... so who had all the pos coins to trade with in the first place?? devs??
and surely, cai-x coins couldn't have staked the amount of coins that were exchanged already and in circulation???
could someone enlighten me?? .. preferably not a newbie
thanks people
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maarx
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May 18, 2014, 03:56:46 PM |
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This doesn't answer the question. We know that there are 1.6mln CAIx mined. The question is how many of them are already in general public hands, and how many are still in developers hands. Ah.. My bad. |
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TheStuhlman
Legendary
Offline
Activity: 1059
Merit: 1020
https://twitter.com/JStuhlman
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May 18, 2014, 04:20:06 PM |
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so we exchange the old caishen which was POW, for a pure POS coin cai-x.... so who had all the pos coins to trade with in the first place?? devs??
and surely, cai-x coins couldn't have staked the amount of coins that were exchanged already and in circulation???
could someone enlighten me?? .. preferably not a newbie
thanks people
Trading on CAIx/BTC started after 600k of CAIx has been exchanged. Mintpal exchanged CAI to CAIx automatically for their clients when the wallet for CAI was removed and the CAIx wallet was put up. You can read back on this thread on how that was done. All CAIx trading started with the exchanged CAIx and not the CAIx set by the devs for trade 1 on 1. As for staking part, we did stake the 32k Dev share in different nodes to get the chain moving, however the staked amount is really small and you can check block explorer to see how much that generated. Coinswap was asked to stake a part of the coins on their wallet the second day, because the dev share went out of stake and the chain slowed down. That amount also is very small and coinswap will keep those in addition to the fee we are paying in BTC to cover the cost of exchanging CAI to CAIx I hope that answers your question. |
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flyare
Newbie
Offline
Activity: 32
Merit: 0
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May 18, 2014, 04:38:14 PM |
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This thread is not moderated, and I do not see a reason for it to be so. I said that from day one. Anyone can ask questions and express his opinion. I respectfully ask everyone on this thread to keep the discussion civil and not use and profanities. We as a community do not condone this type of discussion. If someone uses profanity please do not quote him as well.
I trust u! Thanks! |
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DARKANGEL6415
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May 18, 2014, 06:14:00 PM |
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good to see the community is still going on and adapting nicely lets see the future now  |
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TR8888
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May 18, 2014, 06:26:07 PM |
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For the love of god,
Third time of asking, WHEN EXACTLY DOES MINING FOR CAI END?
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firedoner
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May 18, 2014, 06:33:34 PM |
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so we exchange the old caishen which was POW, for a pure POS coin cai-x.... so who had all the pos coins to trade with in the first place?? devs??
and surely, cai-x coins couldn't have staked the amount of coins that were exchanged already and in circulation???
could someone enlighten me?? .. preferably not a newbie
thanks people
Trading on CAIx/BTC started after 600k of CAIx has been exchanged. Mintpal exchanged CAI to CAIx automatically for their clients when the wallet for CAI was removed and the CAIx wallet was put up. You can read back on this thread on how that was done. All CAIx trading started with the exchanged CAIx and not the CAIx set by the devs for trade 1 on 1. As for staking part, we did stake the 32k Dev share in different nodes to get the chain moving, however the staked amount is really small and you can check block explorer to see how much that generated. Coinswap was asked to stake a part of the coins on their wallet the second day, because the dev share went out of stake and the chain slowed down. That amount also is very small and coinswap will keep those in addition to the fee we are paying in BTC to cover the cost of exchanging CAI to CAIx I hope that answers your question. yes it did thanks |
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StolenCoinSalesman
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May 18, 2014, 06:46:16 PM |
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For the love of god,
Third time of asking, WHEN EXACTLY DOES MINING FOR CAI END?
Im sorry you did not take the time to read. I mean I found these in just a few mins of looking.
There is no final block for end of mining on CAI, the final trade for CAIx will be when all the 1.6 Million CAIx are distributed.
We can only estimate the day to be tomorrow.
No sorry, CAIx is 100% PoS which means you can only mine it if you have CAIx in your wallet. No hardware mining after the 18th on CAI, all miners will have to mine at the multipool for CAIx if they want to use hardware. Then they can get paid in CAIx and mine on wallet as well, by leaving it open.
Yes after the 1.6 Million CAIx are exchanged CAI will become worthless. People will have till the 18th to exchange all the CAI they have. If CAIx goes on trade tomorrow, CAI on exchanges will go down but people will still be able to withdraw and exchange at Coinswap.
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DARKANGEL6415
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May 19, 2014, 03:37:17 AM |
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when will CAIX be added to cryptsy does anyone know  |
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bomflash
Newbie
Offline
Activity: 5
Merit: 0
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May 19, 2014, 06:45:32 AM |
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Cai to CAIx left 11k, you should stop mining now, or your CAI is not enough time to confirm and will be lost.
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TheGer
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May 19, 2014, 07:01:58 AM |
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Yes please stop I'm more than happy to pick up the extra coins....
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Lefter1s
Member
Offline
Activity: 112
Merit: 10
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May 19, 2014, 08:31:20 AM |
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Whoever had coins with greekpool can message me here or at freenode with his username he used to our pool to receive his coins. Due to some technical issues our pool has been down for days and working hard to make it work. You won't lose your coins. Thanks and I apologize for the inconvience
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Alisho
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May 19, 2014, 09:54:56 AM |
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when will CAIX be added to cryptsy does anyone know why you need cryptsy? Mintpal is the Nr.1 Exchange.. (Volume) |
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TheStuhlman
Legendary
Offline
Activity: 1059
Merit: 1020
https://twitter.com/JStuhlman
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May 19, 2014, 12:11:49 PM |
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Mining for CAI is officially over, Mining for CAIx on the multipool starts in few days. Details on end of transition and multipool today.
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Lovok
Member
Offline
Activity: 78
Merit: 10
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May 19, 2014, 12:16:38 PM |
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Cai to CAIx left 11k, you should stop mining now, or your CAI is not enough time to confirm and will be lost.
There are 1k left visible on Coin Swap. But are this coins the last for exchange or not? |
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UncleJaysus
Member
Offline
Activity: 105
Merit: 10
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May 19, 2014, 01:12:42 PM |
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Looks like the CAIX supply has now run dry...
Commiserations to anyone still holding unexchanged CAI.
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