[ANN] (WC) | WhiteCoin | BIG NEWS: Foundation, investors & more ☯ whitecoin.info

[asdf55]

Special Announcement from The WhiteCoin Foundation

We are pleased to announce the appointment of a new and highly qualified member to the WhiteCoin Foundation Operations Team, Vice President Jason Arnold.

Jason brings 14 years of experience and expertise of business development, new product development, technical design, fundraising, sales, and management to our team.  Jason has successfully created, managed, and deployed companies from concept to commercializationm specializing in the successful funding, planning, and marketing of products at all stages of a product’s life cycle.

Jason will be bringing his full passion to the logistics, business development, and partnership/investor outreach areas of our operation.
Some of Jason’s very  notable achievements:

• Successfully contributed to the fundraising of $5M+ USD for RoomLiX & ultimately achieving an RTO for which the company is still publicly trading today
• Contributed to the development of the Session Initiating Protocol now used by all major VoIP Devices
• Build & Co Designed VoIP Terminal adapters & software – deployed and managed by leading International VoIP Providers
• Designed, built, managed and deployed International VoIP & Wireless ISP Networks to hotels, convention centers, amusement parks and open air locations internationally.

Jason is currently the COO of Shair.com, Allegretto Publishing, DandyID, Claim.io,  Social Exhange, and My Article Express. He also holds Canadian not for profit positions such as the Director of Government Funding for Taekwondo BC & President of the SCCC, both located in beautiful British Columbia. With his wealth of experience, Jason brings invaluable knowledge to the table as it relates to NPO funding opportunities for the WhiteCoin Foundation.

A comment from Jason:

I am truly honored to have been asked to take this role by The WhiteCoin Foundation. I am excited and thrilled that we hold common goals and political alignments around many key areas, such as net neutrality, community building, and most recently Bill C-31. There are many cryptocurrencies on the market today but with the dedication, drive, community, and commitment of WhiteCoin and The WhiteCoin Foundation, not only did I accept, I personally and professionally invested in WhiteCoin for the longterm (yes, I am staking!). I look forward to assisting the community in the shaping of Whitecoin as me move forward through the changing landscape of such a young coin and industry.

Thank you to The WhiteCoin Foundation and all of the WhiteCoin community for such a warm welcome! 

First let me say that I am not much of a forum guy but wanted to stop in here to say hi as I understand that this is currently a central place for many WhiteCoin members to voice opinions, share ideas and discuss various directions that WhiteCoin may take!  I will do my best to come here and share information as I can but moving forward my main form of communication will be providing updates through our main website (whitecoin.info), twitter, our corporate properties/social media accounts and other social media outlets.

I hope the above information from Chris provides everyone with information as to whom I am, my background and more information about our group of companies, online properties and investor groups all which are here to help support, grow and advance WhiteCoin through innovative developments that have a focus towards real world business and merchant applications, supporting Net Neutrality in addition to growing the strength of The WhiteCoin Foundation here in Canada.  We are super excited to be involved in such a great community, organization and a currency that we believe has a bright future!

I have been keeping abreast of the many discussions regarding Anon, Privacy etc. and over the coming days I would like to put forward  some of our corporate initiatives that we will be developing and some considerations for the community to consider as it relates to developments, which could help catapult WhiteCoin to the next level.  Some of these developments involve Privacy others involve rewarding the WhiteCoin community whilst other yet will focus on increasing wallet functionality, Social Media and advancement of the WhiteCoin Network functionality, focusing on the future as opposed to "hype" related features/functions.

Shair.com has vested into WhiteCoin (and will continue to do so), our currently vested WC will remain in our Wallet and be used in a number of ways such as:

- Bounties for New and Innovative Technical Developments
- Joint Development Funding Opportunities with The WhiteCoin Foundation
- Distribution/sales/access to WhiteCoin for "non crypto enthusiasts (main stream consumers)"
- Investment Holdings - Long Term
- Integration & Use into many of our online properties (example would be CryptoCopyright as a starting point)
- just to name a few...

To this end, I am very excited for the times ahead, we are only at the beginning of great things to come and I look forward to serving the WhiteCoin Community through my new role as your VP of The WhiteCoin Foundation! 

Best Regards,

Jason Arnold
VP - The WhiteCoin Foundation
COO - Shair.com

Twitter: https://twitter.com/jasonarnold_com

Great News! Welcome aboard!

[cryptohunter]

Special Announcement from The WhiteCoin Foundation

We are pleased to announce the appointment of a new and highly qualified member to the WhiteCoin Foundation Operations Team, Vice President Jason Arnold.

Jason brings 14 years of experience and expertise of business development, new product development, technical design, fundraising, sales, and management to our team.  Jason has successfully created, managed, and deployed companies from concept to commercializationm specializing in the successful funding, planning, and marketing of products at all stages of a product’s life cycle.

Jason will be bringing his full passion to the logistics, business development, and partnership/investor outreach areas of our operation.
Some of Jason’s very  notable achievements:

• Successfully contributed to the fundraising of $5M+ USD for RoomLiX & ultimately achieving an RTO for which the company is still publicly trading today
• Contributed to the development of the Session Initiating Protocol now used by all major VoIP Devices
• Build & Co Designed VoIP Terminal adapters & software – deployed and managed by leading International VoIP Providers
• Designed, built, managed and deployed International VoIP & Wireless ISP Networks to hotels, convention centers, amusement parks and open air locations internationally.

Jason is currently the COO of Shair.com, Allegretto Publishing, DandyID, Claim.io,  Social Exhange, and My Article Express. He also holds Canadian not for profit positions such as the Director of Government Funding for Taekwondo BC & President of the SCCC, both located in beautiful British Columbia. With his wealth of experience, Jason brings invaluable knowledge to the table as it relates to NPO funding opportunities for the WhiteCoin Foundation.

A comment from Jason:

I am truly honored to have been asked to take this role by The WhiteCoin Foundation. I am excited and thrilled that we hold common goals and political alignments around many key areas, such as net neutrality, community building, and most recently Bill C-31. There are many cryptocurrencies on the market today but with the dedication, drive, community, and commitment of WhiteCoin and The WhiteCoin Foundation, not only did I accept, I personally and professionally invested in WhiteCoin for the longterm (yes, I am staking!). I look forward to assisting the community in the shaping of Whitecoin as me move forward through the changing landscape of such a young coin and industry.

Thank you to The WhiteCoin Foundation and all of the WhiteCoin community for such a warm welcome! 

First let me say that I am not much of a forum guy but wanted to stop in here to say hi as I understand that this is currently a central place for many WhiteCoin members to voice opinions, share ideas and discuss various directions that WhiteCoin may take!  I will do my best to come here and share information as I can but moving forward my main form of communication will be providing updates through our main website (whitecoin.info), twitter, our corporate properties/social media accounts and other social media outlets.

I hope the above information from Chris provides everyone with information as to whom I am, my background and more information about our group of companies, online properties and investor groups all which are here to help support, grow and advance WhiteCoin through innovative developments that have a focus towards real world business and merchant applications, supporting Net Neutrality in addition to growing the strength of The WhiteCoin Foundation here in Canada.  We are super excited to be involved in such a great community, organization and a currency that we believe has a bright future!

I have been keeping abreast of the many discussions regarding Anon, Privacy etc. and over the coming days I would like to put forward  some of our corporate initiatives that we will be developing and some considerations for the community to consider as it relates to developments, which could help catapult WhiteCoin to the next level.  Some of these developments involve Privacy others involve rewarding the WhiteCoin community whilst other yet will focus on increasing wallet functionality, Social Media and advancement of the WhiteCoin Network functionality, focusing on the future as opposed to "hype" related features/functions.

Shair.com has vested into WhiteCoin (and will continue to do so), our currently vested WC will remain in our Wallet and be used in a number of ways such as:

- Bounties for New and Innovative Technical Developments
- Joint Development Funding Opportunities with The WhiteCoin Foundation
- Distribution/sales/access to WhiteCoin for "non crypto enthusiasts (main stream consumers)"
- Investment Holdings - Long Term
- Integration & Use into many of our online properties (example would be CryptoCopyright as a starting point)
- just to name a few...

To this end, I am very excited for the times ahead, we are only at the beginning of great things to come and I look forward to serving the WhiteCoin Community through my new role as your VP of The WhiteCoin Foundation! 

Best Regards,

Jason Arnold
VP - The WhiteCoin Foundation
COO - Shair.com

Twitter: https://twitter.com/jasonarnold_com

Great news

Welcome aboard.

I really like the WC community. I find it much more open minded and far more progressive than many other coins. I am sorry Mindfox does not seem to approve of the companion coin with WC only IPO. I am happy though very much so to see him back posting on this thread. The one thing we do need is confidence in the coin and having one of the best know developers showing interest in our community is a good thing.


The main thing the companion coin seemed to solve was the funding issue. However if there could be a way for real donations to be rewarded somehow so that people actually did donate and we could get a pot of perhaps 10-20M for development incentive set up that would be great. Also some real ROI investment opportunities would be great.

I know non coders such as myself say things like "hey let's make a p2p exchange built inside the wallet" without realising the huge implications or actually impossibility of it. However what kind of things can be done with enough funding?  Would a development team be willing to do such a feat for a large % of the total minting i mean success could guarantee their financial freedoms for a very long time.

How about a WC games arcade with credits purchased in WC and winning paid out in WC .... commission taken for running the site distributed to ROI investors etc. I have suggested the same to a few coins but really i think ROI projects are key.

[tevayo]

I have visited whitecoinfoundation.org and whitecoin.info pages and I have not been able to find an address for donations WC.
Perhaps my stupidity but I think you ought to put an address in a visible place.

[cryptohunter]

+1

[delphs]

I have visited whitecoinfoundation.org and whitecoin.info pages and I have not been able to find an address for donations WC.
Perhaps my stupidity but I think you ought to put an address in a visible place.

Page one of this forum, in the top of the ANN has the donations addresses.

But yes, they should also be posted on the sites

[chunkypools]

Momentum is continuing on the WC multipool! Point your miners to get more WhiteCoin and provided added buy support.

[CryptoSEO]

I have visited whitecoinfoundation.org and whitecoin.info pages and I have not been able to find an address for donations WC.
Perhaps my stupidity but I think you ought to put an address in a visible place.

http://whitecoin.info/whitecoin-foundation/ > WC Donations & Funding

--> I will figure out a better location so it can be easily seen!

[CryptoSEO]

Special Announcement from The WhiteCoin Foundation

We are pleased to announce the appointment of a new and highly qualified member to the WhiteCoin Foundation Operations Team, Vice President Jason Arnold.

Jason brings 14 years of experience and expertise of business development, new product development, technical design, fundraising, sales, and management to our team.  Jason has successfully created, managed, and deployed companies from concept to commercializationm specializing in the successful funding, planning, and marketing of products at all stages of a product’s life cycle.

Jason will be bringing his full passion to the logistics, business development, and partnership/investor outreach areas of our operation.
Some of Jason’s very  notable achievements:

• Successfully contributed to the fundraising of $5M+ USD for RoomLiX & ultimately achieving an RTO for which the company is still publicly trading today
• Contributed to the development of the Session Initiating Protocol now used by all major VoIP Devices
• Build & Co Designed VoIP Terminal adapters & software – deployed and managed by leading International VoIP Providers
• Designed, built, managed and deployed International VoIP & Wireless ISP Networks to hotels, convention centers, amusement parks and open air locations internationally.

Jason is currently the COO of Shair.com, Allegretto Publishing, DandyID, Claim.io,  Social Exhange, and My Article Express. He also holds Canadian not for profit positions such as the Director of Government Funding for Taekwondo BC & President of the SCCC, both located in beautiful British Columbia. With his wealth of experience, Jason brings invaluable knowledge to the table as it relates to NPO funding opportunities for the WhiteCoin Foundation.

A comment from Jason:

I am truly honored to have been asked to take this role by The WhiteCoin Foundation. I am excited and thrilled that we hold common goals and political alignments around many key areas, such as net neutrality, community building, and most recently Bill C-31. There are many cryptocurrencies on the market today but with the dedication, drive, community, and commitment of WhiteCoin and The WhiteCoin Foundation, not only did I accept, I personally and professionally invested in WhiteCoin for the longterm (yes, I am staking!). I look forward to assisting the community in the shaping of Whitecoin as me move forward through the changing landscape of such a young coin and industry.

Thank you to The WhiteCoin Foundation and all of the WhiteCoin community for such a warm welcome!  

First let me say that I am not much of a forum guy but wanted to stop in here to say hi as I understand that this is currently a central place for many WhiteCoin members to voice opinions, share ideas and discuss various directions that WhiteCoin may take!  I will do my best to come here and share information as I can but moving forward my main form of communication will be providing updates through our main website (whitecoin.info), twitter, our corporate properties/social media accounts and other social media outlets.

I hope the above information from Chris provides everyone with information as to whom I am, my background and more information about our group of companies, online properties and investor groups all which are here to help support, grow and advance WhiteCoin through innovative developments that have a focus towards real world business and merchant applications, supporting Net Neutrality in addition to growing the strength of The WhiteCoin Foundation here in Canada.  We are super excited to be involved in such a great community, organization and a currency that we believe has a bright future!

I have been keeping abreast of the many discussions regarding Anon, Privacy etc. and over the coming days I would like to put forward  some of our corporate initiatives that we will be developing and some considerations for the community to consider as it relates to developments, which could help catapult WhiteCoin to the next level.  Some of these developments involve Privacy others involve rewarding the WhiteCoin community whilst other yet will focus on increasing wallet functionality, Social Media and advancement of the WhiteCoin Network functionality, focusing on the future as opposed to "hype" related features/functions.

Shair.com has vested into WhiteCoin (and will continue to do so), our currently vested WC will remain in our Wallet and be used in a number of ways such as:

- Bounties for New and Innovative Technical Developments
- Joint Development Funding Opportunities with The WhiteCoin Foundation
- Distribution/sales/access to WhiteCoin for "non crypto enthusiasts (main stream consumers)"
- Investment Holdings - Long Term
- Integration & Use into many of our online properties (example would be CryptoCopyright as a starting point)
- just to name a few...

To this end, I am very excited for the times ahead, we are only at the beginning of great things to come and I look forward to serving the WhiteCoin Community through my new role as your VP of The WhiteCoin Foundation!  

Best Regards,

Jason Arnold
VP - The WhiteCoin Foundation
COO - Shair.com

Twitter: https://twitter.com/jasonarnold_com

Great news

Welcome aboard.

I really like the WC community. I find it much more open minded and far more progressive than many other coins. I am sorry Mindfox does not seem to approve of the companion coin with WC only IPO. I am happy though very much so to see him back posting on this thread. The one thing we do need is confidence in the coin and having one of the best know developers showing interest in our community is a good thing.


The main thing the companion coin seemed to solve was the funding issue. However if there could be a way for real donations to be rewarded somehow so that people actually did donate and we could get a pot of perhaps 10-20M for development incentive set up that would be great. Also some real ROI investment opportunities would be great.

I know non coders such as myself say things like "hey let's make a p2p exchange built inside the wallet" without realising the huge implications or actually impossibility of it. However what kind of things can be done with enough funding?  Would a development team be willing to do such a feat for a large % of the total minting i mean success could guarantee their financial freedoms for a very long time.

How about a WC games arcade with credits purchased in WC and winning paid out in WC .... commission taken for running the site distributed to ROI investors etc. I have suggested the same to a few coins but really i think ROI projects are key.

Excellent!

Yes non coders don't realize the implications or possibility but its awesome to spur ideas and generate solutions - you never know, something could be easier than we think sometimes and unless we discuss the options, we never know!

Really like the funding aspect, I have caught wind that something with this similar concept (ROI project for funding) is in the planning stages with our partners.

EDIT + Mindfox is the CTO of WCF so I think he is not just showing interest, he is committed!!!

[CryptoSEO]

Special Announcement from The WhiteCoin Foundation

We are pleased to announce the appointment of a new and highly qualified member to the WhiteCoin Foundation Operations Team, Vice President Jason Arnold.

Jason brings 14 years of experience and expertise of business development, new product development, technical design, fundraising, sales, and management to our team.  Jason has successfully created, managed, and deployed companies from concept to commercializationm specializing in the successful funding, planning, and marketing of products at all stages of a product’s life cycle.

Jason will be bringing his full passion to the logistics, business development, and partnership/investor outreach areas of our operation.
Some of Jason’s very  notable achievements:

• Successfully contributed to the fundraising of $5M+ USD for RoomLiX & ultimately achieving an RTO for which the company is still publicly trading today
• Contributed to the development of the Session Initiating Protocol now used by all major VoIP Devices
• Build & Co Designed VoIP Terminal adapters & software – deployed and managed by leading International VoIP Providers
• Designed, built, managed and deployed International VoIP & Wireless ISP Networks to hotels, convention centers, amusement parks and open air locations internationally.

Jason is currently the COO of Shair.com, Allegretto Publishing, DandyID, Claim.io,  Social Exhange, and My Article Express. He also holds Canadian not for profit positions such as the Director of Government Funding for Taekwondo BC & President of the SCCC, both located in beautiful British Columbia. With his wealth of experience, Jason brings invaluable knowledge to the table as it relates to NPO funding opportunities for the WhiteCoin Foundation.

A comment from Jason:

I am truly honored to have been asked to take this role by The WhiteCoin Foundation. I am excited and thrilled that we hold common goals and political alignments around many key areas, such as net neutrality, community building, and most recently Bill C-31. There are many cryptocurrencies on the market today but with the dedication, drive, community, and commitment of WhiteCoin and The WhiteCoin Foundation, not only did I accept, I personally and professionally invested in WhiteCoin for the longterm (yes, I am staking!). I look forward to assisting the community in the shaping of Whitecoin as me move forward through the changing landscape of such a young coin and industry.

Thank you to The WhiteCoin Foundation and all of the WhiteCoin community for such a warm welcome!  

First let me say that I am not much of a forum guy but wanted to stop in here to say hi as I understand that this is currently a central place for many WhiteCoin members to voice opinions, share ideas and discuss various directions that WhiteCoin may take!  I will do my best to come here and share information as I can but moving forward my main form of communication will be providing updates through our main website (whitecoin.info), twitter, our corporate properties/social media accounts and other social media outlets.

I hope the above information from Chris provides everyone with information as to whom I am, my background and more information about our group of companies, online properties and investor groups all which are here to help support, grow and advance WhiteCoin through innovative developments that have a focus towards real world business and merchant applications, supporting Net Neutrality in addition to growing the strength of The WhiteCoin Foundation here in Canada.  We are super excited to be involved in such a great community, organization and a currency that we believe has a bright future!

I have been keeping abreast of the many discussions regarding Anon, Privacy etc. and over the coming days I would like to put forward  some of our corporate initiatives that we will be developing and some considerations for the community to consider as it relates to developments, which could help catapult WhiteCoin to the next level.  Some of these developments involve Privacy others involve rewarding the WhiteCoin community whilst other yet will focus on increasing wallet functionality, Social Media and advancement of the WhiteCoin Network functionality, focusing on the future as opposed to "hype" related features/functions.

Shair.com has vested into WhiteCoin (and will continue to do so), our currently vested WC will remain in our Wallet and be used in a number of ways such as:

- Bounties for New and Innovative Technical Developments
- Joint Development Funding Opportunities with The WhiteCoin Foundation
- Distribution/sales/access to WhiteCoin for "non crypto enthusiasts (main stream consumers)"
- Investment Holdings - Long Term
- Integration & Use into many of our online properties (example would be CryptoCopyright as a starting point)
- just to name a few...

To this end, I am very excited for the times ahead, we are only at the beginning of great things to come and I look forward to serving the WhiteCoin Community through my new role as your VP of The WhiteCoin Foundation!  

Best Regards,

Jason Arnold
VP - The WhiteCoin Foundation
COO - Shair.com

Twitter: https://twitter.com/jasonarnold_com

Great news

Welcome aboard.

I really like the WC community. I find it much more open minded and far more progressive than many other coins. I am sorry Mindfox does not seem to approve of the companion coin with WC only IPO. I am happy though very much so to see him back posting on this thread. The one thing we do need is confidence in the coin and having one of the best know developers showing interest in our community is a good thing.


The main thing the companion coin seemed to solve was the funding issue. However if there could be a way for real donations to be rewarded somehow so that people actually did donate and we could get a pot of perhaps 10-20M for development incentive set up that would be great. Also some real ROI investment opportunities would be great.

I know non coders such as myself say things like "hey let's make a p2p exchange built inside the wallet" without realising the huge implications or actually impossibility of it. However what kind of things can be done with enough funding?  Would a development team be willing to do such a feat for a large % of the total minting i mean success could guarantee their financial freedoms for a very long time.

How about a WC games arcade with credits purchased in WC and winning paid out in WC .... commission taken for running the site distributed to ROI investors etc. I have suggested the same to a few coins but really i think ROI projects are key.

Excellent!

Yes non coders don't realize the implications or possibility but its awesome to spur ideas and generate solutions - you never know, something could be easier than we think sometimes and unless we discuss the options, we never know!

Really like the funding aspect, I have caught wind that something with this similar concept (ROI project for funding) is in the planning stages with our partners.

EDIT + Mindfox is the CTO of WCF so I think he is not just showing interest, he is committed!!!

Announcement by WCF about Shair.com up coming development(s)

Here is the original post for those of us who don't click links originally posted here - http://whitecoin.info/news/shair-com-hints-coming-announcement/:

For one of our initial developments (in conjunction with supporting funding for development for the WCF), we have identified a solution that we believe benefits not only the Community but WCF and Shair.com’s plans to support current and future development funding in addition to mainstream entry points into Whitecoin.

The main points of the initial service will focus upon the following key items:

-    Reward Savings
-    Generate WC Funding for The WCF Development Fund
-    Stepping stone to introduce WC to "non-crypto enthusiasts"
-    Expansion of reach and marketing PR for Whitecoin

We are in the process of finalizing the framework and we look forward to shairing with you what we believe to be a 1st in the crypto marketplace - its innovative & sexy, not to mention that we will be supporting this project with up to 5M WC (this will NOT enter the market for sale).  This amount (5M WC) will be above and beyond our development expenditures required for the successful implementation of the 1st phase of a much bigger long-term project.

As we move closer to the launch, we will shair with you more news on how it will benefit those who decide to participate.

Best Regards,
~ Jason Arnold
VP - The Whitecoin Foundation

[surfguy72]

Awesome developments guys!

[neoxxx]

Good work guys...Mintpal under 29M 
More coins in wallet for staking!!

[crucial]

Ahh, I'm in travels right now away, and shut everything down. I'll search around and see if I can find anything

no worries, I'll try them all and see which one gives me the best hash...

hi i am using an x11x13mod optimised miner.

i'm now getting 3.2 m/h each msi 280x wu of (0.045 * 256*256=2949)

I run with i=17 and tc of 8193

What about you delphs ?

[delphs]

Ahh, I'm in travels right now away, and shut everything down. I'll search around and see if I can find anything

no worries, I'll try them all and see which one gives me the best hash...

hi i am using an x11x13mod optimised miner.

i'm now getting 3.2 m/h each msi 280x wu of (0.045 * 256*256=2949)

I run with i=17 and tc of 8193

What about you delphs ?

After looking at the settings you guys shared and updated my older miner, I'm now doing 3.4Mhps.

I have a Sapphire Toxic 280x
SGminer 4.1.0 on x11mod
Catalyst-14.7-rc1
Temp 74C, Fan at 50 (almost silent, at 70 it's noisy but the temperature drop to 62C)
Rejected rate 1.5%

"intensity" : "20",
"gpu-engine" : "1150",
"gpu-memclock" : "1500",
"gpu-powertune" : "-5",
"thread-concurrency" : "8192",
"worksize" : "256",
"look-up gap" : "2",
"gpu-threads" : "2",
"failover-only" : true,
"log" : "15",
"sharelog" : "50",
"kernel" : "x11mod",
"gpu-fan" : "50",
"kernel-path" : "/usr/local/bin"


Edit: I'll do a test for TC at 8193 like yours and see if I can gain a little more without killing it

[CryptoSEO]

Good work guys...Mintpal under 29M 
More coins in wallet for staking!!

more big buys for more staking

Looks great, just keep taking and staking

[CryptoSEO]

I transferred over 240K+ from mintpal to my wallet yesterday.

Other 600000 to the wallet.
Now go up when the market it sees fit.
No rush to WC and I'm sick of scam coins.

mintpal reserves dropping, shows a lot of long term confidence, people are staking instead of selling

Where can one find this? or has it been kept manually?

that was just a chart i created for my own analysis, but similar charts are available on whitecoin distribution list - for example bottom chart for mintpal from
http://www.richlist.eu/whitecoin/stats/WeLcBbjP9L3VCe33V88ZjGVsbxAaiXWixt



mintpal finally dropped below 30m, thats less than 10% of all whitecoins available for sale, rest is happily staking in people's wallets
and ignoring fudders who have less and less coins, in fact i know of at least one who had to withdraw most of his coins from a wallet because people took away the coins he kept on exchange for manipulations, and his whitecoin supply is now down by at least 50%

Soon maybe he will have no more WC to do this with... just keep taking and staking!

[pboc]

Hello,

This is my very first coin purchase and although I now realize I may have paid too much lol,  I wanted to stake because it seems that is the thing to do to get additional coins and then when value goes up, I will have more. I have Windows wallet download now and syncing with network and says 12 active connections. Is my PC doing some type of mining with 12 connections? I will be hones, I know almost nothing about crypto or mining and has been a victory for me to even get money into the exchange to buy coin and transfer to my wallet. I have done a lot of reading on past post, so hopefully this is not a redundant question as I did not here it before now.

All the best!

pete

[pboc]

Hello,

This is my very first coin purchase and although I now realize I may have paid too much lol,  I wanted to stake because it seems that is the thing to do to get additional coins and then when value goes up, I will have more. I have Windows wallet download now and syncing with network and says 12 active connections. Is my PC doing some type of mining with 12 connections? I will be hones, I know almost nothing about crypto or mining and has been a victory for me to even get money into the exchange to buy coin and transfer to my wallet. I have done a lot of reading on past post, so hopefully this is not a redundant question as I did not here it before now.

All the best!

pete

imo at this level its pretty much a steal, this is easy 10x long term ROI when you take long term plans and future development into consideration

there's lot of good information about staking at http://whitecoin.info/news/faqs/
there's no mining, instead you are rewarded for your loyalty to the coin, exactly as banks rewards you with interest for the money you keep with them with your account.
so while you keep coins in your wallet, they will "stake" (minting process) and you are rewarded with "interest"

Thanks!

Yes I did read through the FAQ, but it doesn't talk about the Active Connections to Whitecoin Network so I was just curious what those connections do. Are those all my connects or are those the other people staking coins?

[phzi]

Hello,

This is my very first coin purchase and although I now realize I may have paid too much lol,  I wanted to stake because it seems that is the thing to do to get additional coins and then when value goes up, I will have more. I have Windows wallet download now and syncing with network and says 12 active connections. Is my PC doing some type of mining with 12 connections? I will be hones, I know almost nothing about crypto or mining and has been a victory for me to even get money into the exchange to buy coin and transfer to my wallet. I have done a lot of reading on past post, so hopefully this is not a redundant question as I did not here it before now.

All the best!

pete

imo at this level its pretty much a steal, this is easy 10x long term ROI when you take long term plans and future development into consideration

there's lot of good information about staking at http://whitecoin.info/news/faqs/
there's no mining, instead you are rewarded for your loyalty to the coin, exactly as banks rewards you with interest for the money you keep with them with your account.
so while you keep coins in your wallet, they will "stake" (minting process) and you are rewarded with "interest"

Thanks!

Yes I did read through the FAQ, but it doesn't talk about the Active Connections to Whitecoin Network so I was just curious what those connections do. Are those all my connects or are those the other people staking coins?

Active Connections are p2p links to other wallets - this is how transactions are communicated across the network.  If you send or receive coins, you get/send transaction data to/from your peered connections.  New blocks are communicated via p2p as well.  It's all decentralized, and by running the wallet, you are part of that distributed network.

[pboc]

Hello,

This is my very first coin purchase and although I now realize I may have paid too much lol,  I wanted to stake because it seems that is the thing to do to get additional coins and then when value goes up, I will have more. I have Windows wallet download now and syncing with network and says 12 active connections. Is my PC doing some type of mining with 12 connections? I will be hones, I know almost nothing about crypto or mining and has been a victory for me to even get money into the exchange to buy coin and transfer to my wallet. I have done a lot of reading on past post, so hopefully this is not a redundant question as I did not here it before now.

All the best!

pete

imo at this level its pretty much a steal, this is easy 10x long term ROI when you take long term plans and future development into consideration

there's lot of good information about staking at http://whitecoin.info/news/faqs/
there's no mining, instead you are rewarded for your loyalty to the coin, exactly as banks rewards you with interest for the money you keep with them with your account.
so while you keep coins in your wallet, they will "stake" (minting process) and you are rewarded with "interest"

Thanks!

Yes I did read through the FAQ, but it doesn't talk about the Active Connections to Whitecoin Network so I was just curious what those connections do. Are those all my connects or are those the other people staking coins?

Active Connections are p2p links to other wallets - this is how transactions are communicated across the network.  If you send or receive coins, you get/send transaction data to/from your peered connections.  New blocks are communicated via p2p as well.  It's all decentralized, and by running the wallet, you are part of that distributed network.

Ah, like a torrent. Got it. So there are only 12 peers right now?

[pboc]

Hello,

This is my very first coin purchase and although I now realize I may have paid too much lol,  I wanted to stake because it seems that is the thing to do to get additional coins and then when value goes up, I will have more. I have Windows wallet download now and syncing with network and says 12 active connections. Is my PC doing some type of mining with 12 connections? I will be hones, I know almost nothing about crypto or mining and has been a victory for me to even get money into the exchange to buy coin and transfer to my wallet. I have done a lot of reading on past post, so hopefully this is not a redundant question as I did not here it before now.

All the best!

pete

imo at this level its pretty much a steal, this is easy 10x long term ROI when you take long term plans and future development into consideration

there's lot of good information about staking at http://whitecoin.info/news/faqs/
there's no mining, instead you are rewarded for your loyalty to the coin, exactly as banks rewards you with interest for the money you keep with them with your account.
so while you keep coins in your wallet, they will "stake" (minting process) and you are rewarded with "interest"

Thanks!

Yes I did read through the FAQ, but it doesn't talk about the Active Connections to Whitecoin Network so I was just curious what those connections do. Are those all my connects or are those the other people staking coins?

Active Connections are p2p links to other wallets - this is how transactions are communicated across the network.  If you send or receive coins, you get/send transaction data to/from your peered connections.  New blocks are communicated via p2p as well.  It's all decentralized, and by running the wallet, you are part of that distributed network.

Ah, like a torrent. Got it. So there are only 12 peers right now?

OK, disregard my last post as it turns out those are just tuned connections for the wallet from looking at the PPC coin this is based on looking through that forum. I did not see if there was a way to adjust those to reduce or increase the amount for better staking though. That would be nice to know. Also, still kinda  looking at if it is better to send a bunch of little transactions or a few bigger ones. Did not see that in FAQ and just been reading different ideas on this so kinda confused. Thanks for some help it has been good and appreciated!