wevus
Member
Offline
Activity: 70
Merit: 10
Long Term Investor with Short Term Memory Loss
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May 25, 2014, 08:29:04 AM |
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withdraw 100XC in wallet, testing minting Can someone explain this newbie (me, not ottobene) how this minting works? I got 3k XC in my wallet. It says " Minting, Your weight is 647. Networkweight is 3563. Expected time to earn rewards is 8 minutes." But this has been the case for the last few hours and noting happens. From my understanding, the minting POS will actually kick in tomorrow night when the new wallet is released
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XChat: XQ6YhjRgXHuZKPwDTps6J6i8mwdYnXYdtY Donatations for the starving pigmies: XC XSoc3Eb7u2EwMaqV6jYChHrhdDvtZp6Cap BTC 1ALk4YtmNTLwAvPZszQvrNwmrUBSUPXNKr
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jdebunt
Legendary
Offline
Activity: 1596
Merit: 1010
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May 25, 2014, 08:49:10 AM |
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guolong9988
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May 25, 2014, 08:49:49 AM |
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http://xc.nmgpool.com/Reward System: Full Stratum/Vardiff system with PROP Server Location: China/America Pro Hardware: Connections: 10 gigabit network hypervisor/storage. Direct connection to AIMX, MSX Storage: Fast ZFS based environment with SSD cache and 32 disks. CPU: Xeon 64bit / 16 powerful CPU cores Ram: 128 GB RAM.
Security: Two different geo-locations Hot wallets (primary and instant back-up). Offline secured cold Wallet. Automated back-ups and warning system for operators. Ddos protecion.
Welcome friends to join our team!
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heartastack
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May 25, 2014, 08:51:27 AM |
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Distribution list?
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elviselvis101
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May 25, 2014, 08:54:46 AM |
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Excellent! Thank you for your hard work! In my opinion, XC is earlier than DRK in implementing the annomous feature, that is very impressive
This is not so much a matter of opinion... rather a matter of historic facts: DarkSend was/is live since Feb (testnet) / March (mainnet). I am confused, I think DRK is still in the testing (i know they started in Feb, but i think they are still testing and they are trying to implement masternode soon), but XC is almost ready for implement. Please point it out if I am wrong. DRK is implementing masternode payments in a few hours. That's part of RC2. DarkSends work ok but, up to now, masternodes weren't getting paid 10% of mining output. RC3 will bring more in terms of anonymity and a lift of the 10 DRK limit per transaction (as it has implemented denomination pools of same sizes for improving anonymity). Basic mixing was achieved within days back in February. For 99% of the cases a mixer is private enough for most uses. However governments can still catch you if they can monitor the nodes. That's the 1% extra effort that DRK is trying to do in the last months in the form of negative incentives to run multiple nodes from "bad actors" (that's why masternode payment protocol / 1000 DRK requirement was put into place). RC3 will try to improve anonymity further - always that last 1%. Many thanks for the tech briefing, one question; lets say 10-20 years from now, whats preventing gov or what we have at that time, to buy there way in and hold the masternodes, there by canceling the anon feature ?
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jly77
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May 25, 2014, 08:57:32 AM |
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Seems somebody dumped quite a lot LOL
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Quantumbud
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May 25, 2014, 09:01:06 AM |
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Seems somebody dumped quite a lot LOL
They will be kicking themselves later
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CryptoGretzky
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May 25, 2014, 09:03:23 AM |
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Seems somebody dumped quite a lot LOL
This is why long POW with high reward will kill the coin. I bet this is from the multipool dumping and converting to btc....
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provenceday
Legendary
Offline
Activity: 1148
Merit: 1000
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May 25, 2014, 09:10:30 AM |
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Seems somebody dumped quite a lot LOL
This is why long POW with high reward will kill the coin. I bet this is from the multipool dumping and converting to btc.... do not worry about this,we will back soon
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HardwarePal
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May 25, 2014, 09:10:36 AM |
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Just some day traders taking profit and the same thing that happend to XLB pre-mintpal. Its totally normal.
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tat123
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May 25, 2014, 09:11:28 AM |
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Seems somebody dumped quite a lot LOL
This is why long POW with high reward will kill the coin. I bet this is from the multipool dumping and converting to btc.... Oh well... back to 100k.
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studio1one
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May 25, 2014, 09:11:57 AM |
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anyone know the most stable pool for this coin? I have around 100 mhash I want to point at it for a while
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BINTEX | | ● ● ● ● ● ● ●
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nathalie20
Legendary
Offline
Activity: 952
Merit: 1001
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May 25, 2014, 09:15:13 AM |
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anyone know the most stable pool for this coin? I have around 100 mhash I want to point at it for a while
xc.suprnova.cc
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Alisho
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May 25, 2014, 09:15:57 AM |
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Guys have can I make a cold storage of this coin?
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wevus
Member
Offline
Activity: 70
Merit: 10
Long Term Investor with Short Term Memory Loss
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May 25, 2014, 09:16:28 AM |
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Seems somebody dumped quite a lot LOL
This is why long POW with high reward will kill the coin. I bet this is from the multipool dumping and converting to btc.... I have a hard time believing the miners at multipools have no idea or lack of foresight to understand what RC is. I use multipools, but I keep the coins that I feel have a long term payoff. Actually, if it is ignorant miners operating at multiple: their loss is our gain, Im buying. I am definitely thinking it is a few whales driving price down to to buy more back at a better rate. There are alot of fragile hands out there, Just my 2 cents.
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XChat: XQ6YhjRgXHuZKPwDTps6J6i8mwdYnXYdtY Donatations for the starving pigmies: XC XSoc3Eb7u2EwMaqV6jYChHrhdDvtZp6Cap BTC 1ALk4YtmNTLwAvPZszQvrNwmrUBSUPXNKr
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CryptoGretzky
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May 25, 2014, 09:18:07 AM |
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Seems somebody dumped quite a lot LOL
This is why long POW with high reward will kill the coin. I bet this is from the multipool dumping and converting to btc.... I have a hard time believing the miners at multipools have no idea or lack of foresight to understand what RC is. I use multipools, but I keep the coins that I feel have a long term payoff. Actually, if it is ignorant miners operating at multiple: their loss is our gain, Im buying. I am definitely thinking it is a few whales driving price down to to buy more back at a better rate. There are alot of fragile hands out there, Just my 2 cents. I actually didn't mind that shake out... I actually bought 20k more XC during that time... so it's all good. But multipool man... never good for any coin.
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AlexGR
Legendary
Offline
Activity: 1708
Merit: 1049
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May 25, 2014, 09:18:28 AM |
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Excellent! Thank you for your hard work! In my opinion, XC is earlier than DRK in implementing the annomous feature, that is very impressive
This is not so much a matter of opinion... rather a matter of historic facts: DarkSend was/is live since Feb (testnet) / March (mainnet). I am confused, I think DRK is still in the testing (i know they started in Feb, but i think they are still testing and they are trying to implement masternode soon), but XC is almost ready for implement. Please point it out if I am wrong. DRK is implementing masternode payments in a few hours. That's part of RC2. DarkSends work ok but, up to now, masternodes weren't getting paid 10% of mining output. RC3 will bring more in terms of anonymity and a lift of the 10 DRK limit per transaction (as it has implemented denomination pools of same sizes for improving anonymity). Basic mixing was achieved within days back in February. For 99% of the cases a mixer is private enough for most uses. However governments can still catch you if they can monitor the nodes. That's the 1% extra effort that DRK is trying to do in the last months in the form of negative incentives to run multiple nodes from "bad actors" (that's why masternode payment protocol / 1000 DRK requirement was put into place). RC3 will try to improve anonymity further - always that last 1%. Many thanks for the tech briefing, one question; lets say 10-20 years from now, whats preventing gov or what we have at that time, to buy there way in and hold the masternodes, there by canceling the anon feature ? The escalating cost of buying all market liquidity. It's extremely costly to do so as the more you buy, the more the price goes up - so it's not like "ah DRK costs 0.025, so I can buy every node for 0.025 x number of nodes". You'll buy a few at 0.025, then it goes to 0.03, 0.05, 0.1, 0.5 btc etc etc - as all market liquidity is sucked. But there is also the issue of technological advancement. Now nodes do know what they are transacting, but improvements are on the way, so buying the nodes might prove futile, not in 20 years, but in 2 months.
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ellen.yan
Member
Offline
Activity: 106
Merit: 10
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May 25, 2014, 09:20:34 AM |
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i see your crazy today!!!
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nathalie20
Legendary
Offline
Activity: 952
Merit: 1001
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May 25, 2014, 09:25:08 AM |
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guys from the DRK probably jealous BTC VOL Bittrex - 270 nicely
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