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tylerderden
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May 14, 2014, 06:21:45 AM
 #2661

nope now we are pos only
fcode
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May 14, 2014, 06:21:52 AM
 #2662

no more PoW, if you want coins buy them
Emmi-state
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May 14, 2014, 06:26:59 AM
 #2663

I hold the coin, the feeling is very good, is hoping to have other applications
yadan86
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May 14, 2014, 06:27:30 AM
 #2664

good boy, POW is over now, so da to moon
Nicolaas.R
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May 14, 2014, 06:43:59 AM
 #2665

MISSING COINS AFTER NEW WALLET?? Follow this

Go to console, type checkwallet

For me it came up with

{
"mismatched spent coins" : 14,
"amount in question" : 7383.35139000
}

Type repairwallet

It will say something similiar, except amount repaired:

Close wallet, Reopen wallet and there you go.

Free btc,ltc,ftc,doge with doing nothing, just sign up and sit back and collect(every day)
http://qoinpro.com/7e9e1ea90b10664716406dbd9c410e78
bitcoinwonders010
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May 14, 2014, 06:46:22 AM
 #2666

why has this fallen so much is it a scam
Xtrata
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May 14, 2014, 06:48:23 AM
 #2667

why has this fallen so much is it a scam

If you cant take urself 2 mins to read you dont even deserve an answer.
energion
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May 14, 2014, 06:49:51 AM
 #2668

why has this fallen so much is it a scam
Fear. Uncertainty. Doubt.  Drama.  Days of Our Shibes.  No its not a scam.
energion
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May 14, 2014, 06:51:36 AM
 #2669

    ShibeCoin Network Issue Resolution and Transition to Pure Proof-of-Stake
     
    As everybody is aware the ShibeCoin network experienced odd proof-of-work behavior earlier today.  As a result we have taken the step of moving to pure proof of stake slightly sooner than planned.
     
    Over the course of the proof-of-work mining period we have consistently experienced "stuck" blocks.  This is a common problem in popular coins and occurs due to rapid changes in network hashrate that drive the difficulty up.  It is this problem that algorithms like Kimoto Gravity Well and DigiShield were created to solve.  In ShibeCoin's case, we used the DigiShield algorithm.  This would bring the difficulty back down so the network would not be stuck forever.
     
    The strange behavior we saw earlier today was a result of a bug in the implementation of DigiShield in our code.  I was already aware of the issue, but overlooked putting the PoS wrapper code around the block indexer in the difficulty algorithm.  The algorithm looks at previous blocks to calculate solving time to then make an adjustment.  In Proof-of-Stake coins you need to wrap the pointer to the previous block in a method that iterates based on whether the block you are looking for is a stake block or a PoW block.  Without this check, once staking occurred on the network the difficulty adjustment picked up the stake difficulty and used it to retarget the PoW difficulty.  The result were rapid jumps from difficulties of 100+ to difficulties of 0-1.
     
    We have cutoff PoW at block 5430.  We moved it up slightly because we noticed the network sticking again, and folks were growing tired of working through the stuck blocks.
     
    Now that we are in pure proof-of-stake mode, network transaction processing is dependent upon users staking in their wallets.  As part of the staking process blocks are minted and the network moves along, as staking is another form of mining.  Leave your wallet open and running, unlocked for minting if you have encrypted it, and you will earn stake interest on your coins as well as transaction processing fees.
     
    The minimum coin age in ShibeCoin is now 8 hours, and the maximum coin age or coin age maturity is 8 days.  This means that you can begin earning stake as soon as after 8 hours of coin age, but as you move closer to 8 days you have a greater chance of winning stake.  After that staking occurs as a luck of the draw process.  The best thing you can do to support the network is to leave your wallet running and staking and contribute to the network transaction processing.
     
    Thank you to everyone involved for your patience and understanding while we have worked through these issues, often under the pressure of extreme FUD.  Now it is time to look to the future and to grow the ShibeCoin community.
     
    Best Wishes,
     
    energion

bitcoinwonders010
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May 14, 2014, 06:56:02 AM
 #2670

why has this fallen so much is it a scam
Fear. Uncertainty. Doubt.  Drama.  Days of Our Shibes.  No its not a scam.

i thought so, dev would not be around now if it was. does shibe coin have a rich list
HunterS
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May 14, 2014, 07:00:44 AM
 #2671

cut PoW at block 5430?our pool has just mined up to block 5472 and still going Huh

bitcoinwonders010
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May 14, 2014, 07:10:08 AM
 #2672

does shibe coin have a rich list
najzenmajsen
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May 14, 2014, 07:32:44 AM
 #2673

does shibe coin have a rich list
Duno :/ probably not
fonzerrellie
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Kaspa


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May 14, 2014, 07:34:00 AM
 #2674

    ShibeCoin Network Issue Resolution and Transition to Pure Proof-of-Stake
     
    As everybody is aware the ShibeCoin network experienced odd proof-of-work behavior earlier today.  As a result we have taken the step of moving to pure proof of stake slightly sooner than planned.
     
    Over the course of the proof-of-work mining period we have consistently experienced "stuck" blocks.  This is a common problem in popular coins and occurs due to rapid changes in network hashrate that drive the difficulty up.  It is this problem that algorithms like Kimoto Gravity Well and DigiShield were created to solve.  In ShibeCoin's case, we used the DigiShield algorithm.  This would bring the difficulty back down so the network would not be stuck forever.
     
    The strange behavior we saw earlier today was a result of a bug in the implementation of DigiShield in our code.  I was already aware of the issue, but overlooked putting the PoS wrapper code around the block indexer in the difficulty algorithm.  The algorithm looks at previous blocks to calculate solving time to then make an adjustment.  In Proof-of-Stake coins you need to wrap the pointer to the previous block in a method that iterates based on whether the block you are looking for is a stake block or a PoW block.  Without this check, once staking occurred on the network the difficulty adjustment picked up the stake difficulty and used it to retarget the PoW difficulty.  The result were rapid jumps from difficulties of 100+ to difficulties of 0-1.
     
    We have cutoff PoW at block 5430.  We moved it up slightly because we noticed the network sticking again, and folks were growing tired of working through the stuck blocks.
     
    Now that we are in pure proof-of-stake mode, network transaction processing is dependent upon users staking in their wallets.  As part of the staking process blocks are minted and the network moves along, as staking is another form of mining.  Leave your wallet open and running, unlocked for minting if you have encrypted it, and you will earn stake interest on your coins as well as transaction processing fees.
     
    The minimum coin age in ShibeCoin is now 8 hours, and the maximum coin age or coin age maturity is 8 days.  This means that you can begin earning stake as soon as after 8 hours of coin age, but as you move closer to 8 days you have a greater chance of winning stake.  After that staking occurs as a luck of the draw process.  The best thing you can do to support the network is to leave your wallet running and staking and contribute to the network transaction processing.
     
    Thank you to everyone involved for your patience and understanding while we have worked through these issues, often under the pressure of extreme FUD.  Now it is time to look to the future and to grow the ShibeCoin community.
     
    Best Wishes,
     
    energion



awesome work dev's

#Expanse $EXP 500 transactions 4 .1 EXP 1st Clone of ETH 
WAVES
najzenmajsen
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May 14, 2014, 07:57:36 AM
 #2675

Pos phase?! watch the price skyrocket Cheesy
Vandalay23
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May 14, 2014, 08:02:56 AM
 #2676

what about going back on the exchanges?
r0ach
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May 14, 2014, 08:08:15 AM
 #2677

cut PoW at block 5430?our pool has just mined up to block 5472 and still going Huh

That's called an invalid chain mining ghost coins heh.  PoW is done and it's full Proof of stake now.  You can't mine anymore.

what about going back on the exchanges?


It's on Poloniex

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PhattyBanks
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May 14, 2014, 08:17:17 AM
 #2678

and Bittrex is live
PhattyBanks
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May 14, 2014, 08:18:20 AM
 #2679

    ShibeCoin Network Issue Resolution and Transition to Pure Proof-of-Stake
     
    As everybody is aware the ShibeCoin network experienced odd proof-of-work behavior earlier today.  As a result we have taken the step of moving to pure proof of stake slightly sooner than planned.
     
    Over the course of the proof-of-work mining period we have consistently experienced "stuck" blocks.  This is a common problem in popular coins and occurs due to rapid changes in network hashrate that drive the difficulty up.  It is this problem that algorithms like Kimoto Gravity Well and DigiShield were created to solve.  In ShibeCoin's case, we used the DigiShield algorithm.  This would bring the difficulty back down so the network would not be stuck forever.
     
    The strange behavior we saw earlier today was a result of a bug in the implementation of DigiShield in our code.  I was already aware of the issue, but overlooked putting the PoS wrapper code around the block indexer in the difficulty algorithm.  The algorithm looks at previous blocks to calculate solving time to then make an adjustment.  In Proof-of-Stake coins you need to wrap the pointer to the previous block in a method that iterates based on whether the block you are looking for is a stake block or a PoW block.  Without this check, once staking occurred on the network the difficulty adjustment picked up the stake difficulty and used it to retarget the PoW difficulty.  The result were rapid jumps from difficulties of 100+ to difficulties of 0-1.
     
    We have cutoff PoW at block 5430.  We moved it up slightly because we noticed the network sticking again, and folks were growing tired of working through the stuck blocks.
     
    Now that we are in pure proof-of-stake mode, network transaction processing is dependent upon users staking in their wallets.  As part of the staking process blocks are minted and the network moves along, as staking is another form of mining.  Leave your wallet open and running, unlocked for minting if you have encrypted it, and you will earn stake interest on your coins as well as transaction processing fees.
     
    The minimum coin age in ShibeCoin is now 8 hours, and the maximum coin age or coin age maturity is 8 days.  This means that you can begin earning stake as soon as after 8 hours of coin age, but as you move closer to 8 days you have a greater chance of winning stake.  After that staking occurs as a luck of the draw process.  The best thing you can do to support the network is to leave your wallet running and staking and contribute to the network transaction processing.
     
    Thank you to everyone involved for your patience and understanding while we have worked through these issues, often under the pressure of extreme FUD.  Now it is time to look to the future and to grow the ShibeCoin community.
     
    Best Wishes,
     
    energion



will there now be less coins total if so by how many?
luckygenough56
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May 14, 2014, 08:23:19 AM
 #2680

870 blocks x 25000 shibes = 21,75 millions less shibes
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