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Author Topic: [ANN][1000 SYNC] Proof of Stake now run by BLOCKCHAIN DEVELOPMENT COMPANY  (Read 816006 times)
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sovie
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August 24, 2014, 09:25:19 PM
 #10121

one can hope it will help! Wink

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youngg
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August 24, 2014, 10:44:56 PM
 #10122

i was wondering about 3 thinks , first : where do i get the latest wallet version , 2. : what will be the real incentive of holding sync when all profit + whale programm spots are gone , 3: how many profit spots are still left and for how long will they approximately still be open ?

1. http://syncfund.com/wallets.html

2. Staking, yes, but everyone holding Sync will benefit from any asset sale (price will likely rise, maybe alot).

3. Closed now but we recommend ppl start accumulating and staking as it will reopen again shortly.
bCraft
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August 25, 2014, 11:27:03 AM
 #10123

Maybe it's my distro but I can't seem to properly compile the QT on my Ubuntu and I rigorously followed Biomech's steps.
I installed the wallet on my Windows PC in order to stake there (and it works) but it's only temporary until I can get it on Ubuntu... I may wait on the 1.1.1 or 1.2 release. May fix my issue.

Otherwise, how often do I need to stake ? I thought, unlocking my wallet once a week was a good thing but do I need to do it more ?
Cointang
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August 25, 2014, 01:34:13 PM
 #10124

Just bought .2 of sync!! Not much but it's a start!

1uSmoGi7FUh4Kb5Bf2snPKvnWdfLCt8fX
Cor2
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August 25, 2014, 02:02:55 PM
 #10125

Maybe it's my distro but I can't seem to properly compile the QT on my Ubuntu and I rigorously followed Biomech's steps.
I installed the wallet on my Windows PC in order to stake there (and it works) but it's only temporary until I can get it on Ubuntu... I may wait on the 1.1.1 or 1.2 release. May fix my issue.
Otherwise, how often do I need to stake ? I thought, unlocking my wallet once a week was a good thing but do I need to do it more ?
Since the size of the staking reward takes into account the age, it does not make a difference if you stake every day or every week, the payout will be 7 times larger for the week as for the day, so overall it makes no difference.
Do keep in mind to stake before the halving happens, or your reward over that week is less if you stake just after the halving.
Success!

SYNC: Sd3XBRmhrrr39Wj4rtjb3YAkwWvCze44BZ                    ORB: odyWi677JDQy7Gc6Nv6kCdnajmScqgTkDE       Honest pools (payout matching calculation):
TransferWise: International money transfer for 1%fee        Doge to the moon! D9FGY7Bhwbj2jrnk7v8VR47HTu7vfVu1gV         Nut2pools and Steadymining
Cor2
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August 25, 2014, 02:07:00 PM
 #10126

Just bought .2 of sync!! Not much but it's a start!
Welcome to the club!
It is a very rare coin (in contrast to most others claiming to be rare while generating millions of coins)
but there are enough to have a decent chance of owning enough of them to qualify for the rewards.

SYNC: Sd3XBRmhrrr39Wj4rtjb3YAkwWvCze44BZ                    ORB: odyWi677JDQy7Gc6Nv6kCdnajmScqgTkDE       Honest pools (payout matching calculation):
TransferWise: International money transfer for 1%fee        Doge to the moon! D9FGY7Bhwbj2jrnk7v8VR47HTu7vfVu1gV         Nut2pools and Steadymining
dbt1033
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August 25, 2014, 02:11:05 PM
 #10127

Maybe it's my distro but I can't seem to properly compile the QT on my Ubuntu and I rigorously followed Biomech's steps.
I installed the wallet on my Windows PC in order to stake there (and it works) but it's only temporary until I can get it on Ubuntu... I may wait on the 1.1.1 or 1.2 release. May fix my issue.
Otherwise, how often do I need to stake ? I thought, unlocking my wallet once a week was a good thing but do I need to do it more ?
Since the size of the staking reward takes into account the age, it does not make a difference if you stake every day or every week, the payout will be 7 times larger for the week as for the day, so overall it makes no difference.
Do keep in mind to stake before the halving happens, or your reward over that week is less if you stake just after the halving.
Success!

It does make a difference, actually (albeit a small one).  When you stake every day, your interest compounds Cheesy.
youngg
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August 25, 2014, 04:05:40 PM
 #10128

Going to be introducing the new lead dev that has been working behind the scenes, did wallet version 1.1.0.
youngg
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August 25, 2014, 04:20:54 PM
 #10129

Going to be introducing the new lead dev that has been working behind the scenes, did wallet version 1.1.0.

Pls welcome one of the highest rated devs on Freelancer as our new Lead Dev, Iyad Elkfarna

www.freelancer.com/u/ielkfarna.html
www.linkedin.com/pub/iyad-elkfarna/39/796/9a4
HasHe
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August 25, 2014, 04:31:51 PM
 #10130

Windows 7, 5.2.1
wallet began syncing but the block remaining keeps increasing.
Which wallet version? Syncing does take time, click 'Update' under Nodes Control
5.2.1 is the wallet version, I dont see 'update' and I dont see nodes control o_O
You definitely have the wrong wallet if there is Nodes Control on the left hand nav menu.
Download and install most recent version, no need to delete anything...
http://syncfund.com/wallets.html
HasHe,
You are looking at the wrong screen: Help -> About Qt.
Please go to Help -> About Sync and report the version of Sync, not the version of Qt.

Yeah, I got the new wallet. version is 1.1.0. I did the nodes update and nothing updated. The syncyng bar is stuck but the block number changes, it either goes higher or lower.
youngg
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August 25, 2014, 04:52:58 PM
 #10131

Windows 7, 5.2.1
wallet began syncing but the block remaining keeps increasing.
Which wallet version? Syncing does take time, click 'Update' under Nodes Control
5.2.1 is the wallet version, I dont see 'update' and I dont see nodes control o_O
You definitely have the wrong wallet if there is Nodes Control on the left hand nav menu.
Download and install most recent version, no need to delete anything...
http://syncfund.com/wallets.html
HasHe,
You are looking at the wrong screen: Help -> About Qt.
Please go to Help -> About Sync and report the version of Sync, not the version of Qt.

Yeah, I got the new wallet. version is 1.1.0. I did the nodes update and nothing updated. The syncyng bar is stuck but the block number changes, it either goes higher or lower.

Did you download v1.1.0 while in Beta? That sounds like an issue we fixed for launch. Go to the site and download latest, install and run - you likely have beta version.
C0in
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August 25, 2014, 05:53:14 PM
 #10132

Going to be introducing the new lead dev that has been working behind the scenes, did wallet version 1.1.0.

Pls welcome one of the highest rated devs on Freelancer as our new Lead Dev, Iyad Elkfarna

www.freelancer.com/u/ielkfarna.html
www.linkedin.com/pub/iyad-elkfarna/39/796/9a4

Welcome Iyad Elkfarna ! Can't wait to see some great upcoming stuff from him Wink
chocobo
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August 25, 2014, 10:54:57 PM
 #10133

So something coming this week eh? Smiley
youngg
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August 26, 2014, 01:31:48 AM
 #10134

So something coming this week eh? Smiley

Possibly yes, several things perhaps. Stay tuned!
kyma
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August 26, 2014, 03:20:36 AM
 #10135

just updated the client. looks great. haha nice add node feature  Cool

manav1112
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August 26, 2014, 11:02:27 AM
 #10136

Going to be introducing the new lead dev that has been working behind the scenes, did wallet version 1.1.0.

Pls welcome one of the highest rated devs on Freelancer as our new Lead Dev, Iyad Elkfarna

www.freelancer.com/u/ielkfarna.html
www.linkedin.com/pub/iyad-elkfarna/39/796/9a4

Welcome Iyad Elkfarna ! Can't wait to see some great upcoming stuff from him Wink

Wait a sec... He is in Gaza?
Real_Unhooked
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August 26, 2014, 02:55:21 PM
 #10137

Got two questions

1) Is there a list of users who are currently enrolled in the profit sharing program?
2) If a user has more than 3 coin but less than 7, with the profit sharing program, would he/she be eligble to get the profit split based on the amount of coins the user holds or he/she gets a flat rate of Profit X 3?

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.....DeepVault.....
....Blockchain File Signatures....
...deeponion.org...
Cor2
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August 26, 2014, 03:00:21 PM
 #10138

Got two questions
1) Is there a list of users who are currently enrolled in the profit sharing program?
2) If a user has more than 3 coin but less than 7, with the profit sharing program, would he/she be eligble to get the profit split based on the amount of coins the user holds or he/she gets a flat rate of Profit X 3?
Profit share is fixed for 3 coins, as I understand it does not make a difference if you have 3 or 300 coins.
BTW, long time since I heard about Bee - still fond memories even though it went to zero value.

SYNC: Sd3XBRmhrrr39Wj4rtjb3YAkwWvCze44BZ                    ORB: odyWi677JDQy7Gc6Nv6kCdnajmScqgTkDE       Honest pools (payout matching calculation):
TransferWise: International money transfer for 1%fee        Doge to the moon! D9FGY7Bhwbj2jrnk7v8VR47HTu7vfVu1gV         Nut2pools and Steadymining
Cor2
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August 26, 2014, 03:19:00 PM
 #10139

It does make a difference, actually (albeit a small one).  When you stake every day, your interest compounds Cheesy.
Correct - I already thought about to mention that, but the difference is 0.004% per week,
which is about 2 pennies per week per Sync, if my math is correct for BTC=$500
Presuming that one owns 3 Sync, that means that staking daily (as in: unlocking the wallet, waiting for it to stake and locking it again)
will pay you an additional penny per day for the 6 extra times to do this instead of once per week.
How much value has your time?
That consideration made me leave out the compounded interest for 50% - with the upcoming halving the difference becomes even smaller
(half this).

SYNC: Sd3XBRmhrrr39Wj4rtjb3YAkwWvCze44BZ                    ORB: odyWi677JDQy7Gc6Nv6kCdnajmScqgTkDE       Honest pools (payout matching calculation):
TransferWise: International money transfer for 1%fee        Doge to the moon! D9FGY7Bhwbj2jrnk7v8VR47HTu7vfVu1gV         Nut2pools and Steadymining
Cor2
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August 26, 2014, 03:23:10 PM
 #10140

Only 1950 blocks till the next halving to 25% staking reward.
(1 day, 8.5 hours)

SYNC: Sd3XBRmhrrr39Wj4rtjb3YAkwWvCze44BZ                    ORB: odyWi677JDQy7Gc6Nv6kCdnajmScqgTkDE       Honest pools (payout matching calculation):
TransferWise: International money transfer for 1%fee        Doge to the moon! D9FGY7Bhwbj2jrnk7v8VR47HTu7vfVu1gV         Nut2pools and Steadymining
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