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Author Topic: [ANN][MAST] MastCoin | CoinRecycler | Bittrex  (Read 180239 times)
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VegasMiner
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May 29, 2014, 12:09:47 PM
 #561



MineP.it MastiffCoin Pool

Register now, if you haven't already done so, and prepare your workers start mining!

Stratum connection example:
stratum+tcp://mast.minep.it:3336 -u MinepitUsername.anything -p anything

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Join us now!



A great pool and the people there are awesome!
I would agree. Been with them since almost the beginning of Mastiff Mining. My payouts always arrive and Carlos and Danz are great pool operators. A since of community which is why I am liking Mastiff too!
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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unimagani
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May 29, 2014, 12:21:46 PM
 #562

Hey bit of a newb - can anyone explain this staking business?

I have about 20% of my wallet sitting in 'stake' and other 80% in 'spendable' and current 0 in 'unconfirmed'

I have received a small amount via PoS which state 'mined' (confirmed+accepted) + some which is 'generated but not accepted' (i.e. looks dead)

I go into advanced options in wallet (under send) and see in the tree view that the items which seem to align with the 'stake' bucket have a priority of highest' and are reasonably old ( 14-May ) and have 4073 confirmations.

The other 80% is also marked priority 'highest' but slightly newer (about 12 hours later ~15-May ) but with higher confirmations (6307)

I was expecting that after they matured (X-Days) they would move from 'spendable' => 'stake'

what makes them 'stake'-able? Please note that I do have multiple 'addresses' as I spread the incoming coins across multiple as I assumed (at the time) that if I added newer coins to existing address with older coins the 'clock' would restart.....

Somewhat confused......


Here's my basic understanding of this, but as I'm also new to all this PoS business, I could be way off. Someone correct me if I'm wrong.

All normal, mature coins are "Stakeable".
Coins in "Stake" are coins that recently received PoS coins. It creates a new output that needs to mature again, that's why it isn't spendable. Once it gets spendable (mature) again, it shows at the spendable balance and will start to attract stake again.

So for example, you have 1 address, where you got 3 transactions.
1: 10 MAST
2: 100 MAST
3: 1000 MAST

When these coins are mature, they start trying to find PoS blocks, each output individually. So you have 1110 mature coins under "Spendable". The 1000 MAST output has a higher chance to get stake reward than the 10 MAST. But over time, the chance increases, so that the 10 MAST will eventually also find it. When the 1000 MAST found reward (say 0.1 MAST), you'll have a new 1000.1 MAST output that needs to mature (1200 confirmations) again. The 1000.1 MAST then show up under "Stake" and can not be spend (or receive PoS reward) until they mature. The remaining 110 are still under "Spendable" and waiting to get their PoS.

About the "'generated but not accepted' (i.e. looks dead)": That usually means those PoS blocks you mined are orphans, so the network has decided to take another block instead of yours (happens when blocks are found at almost the same time by different people).
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May 29, 2014, 12:37:19 PM
 #563


Here's my basic understanding of this, but as I'm also new to all this PoS business, I could be way off. Someone correct me if I'm wrong.

All normal, mature coins are "Stakeable".
Coins in "Stake" are coins that recently received PoS coins. It creates a new output that needs to mature again, that's why it isn't spendable. Once it gets spendable (mature) again, it shows at the spendable balance and will start to attract stake again.

So for example, you have 1 address, where you got 3 transactions.
1: 10 MAST
2: 100 MAST
3: 1000 MAST

When these coins are mature, they start trying to find PoS blocks, each output individually. So you have 1110 mature coins under "Spendable". The 1000 MAST output has a higher chance to get stake reward than the 10 MAST. But over time, the chance increases, so that the 10 MAST will eventually also find it. When the 1000 MAST found reward (say 0.1 MAST), you'll have a new 1000.1 MAST output that needs to mature (1200 confirmations) again. The 1000.1 MAST then show up under "Stake" and can not be spend (or receive PoS reward) until they mature. The remaining 110 are still under "Spendable" and waiting to get their PoS.

About the "'generated but not accepted' (i.e. looks dead)": That usually means those PoS blocks you mined are orphans, so the network has decided to take another block instead of yours (happens when blocks are found at almost the same time by different people).

unimagani => That's awesome - really helpful explanation and it makes a whole lot more sense now - the way its phrased in the wallet makes it seem like it should be the other way around - however perhaps thats just me! All good - thank u for spending the time explaining that - one of the reasons I like this coin - community are very helpful......
deceit
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May 29, 2014, 01:03:48 PM
 #564

Unbelievable rally, its reached an all time high of 0.0020BTC
Trivelius
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May 29, 2014, 01:04:36 PM
 #565

Hey guys, is it late to buy some MAST Smiley ? What about the price? Only one exchange?

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scroogeMcDuck
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May 29, 2014, 01:08:58 PM
 #566

Hey guys, is it late to buy some MAST Smiley ? What about the price? Only one exchange?

You're just in time before the price really starts soaring. All time high of .0002, expecting anywhere from .001 to .005 within a few weeks.
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May 29, 2014, 02:11:31 PM
 #567

Hey guys, is it late to buy some MAST Smiley ? What about the price? Only one exchange?

Now is the time to buy.  Get in before MAST shows up on Polo, which could be very soon with this kind of Bittrex volume.
DogeGotMeIntoCrypto
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May 29, 2014, 02:15:34 PM
 #568

Am I crazy in thinking this could make it to even DRK level?  Look at this growth and we probably have nowhere near the popularity of DRK, once they see what's happening and more people hop on board, I dare say .0125 isn't all that far fetched.

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May 29, 2014, 02:22:17 PM
 #569

god damn, I woke up on the moon!!!! Roll Eyes
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May 29, 2014, 02:25:51 PM
 #570

god damn, I woke up on the moon!!!! Roll Eyes

Wish I would have picked up more.....and earlier then today.  I was thinking about it, but just couldn't pull the trigger.  Damn.....
clockers25
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May 29, 2014, 02:32:13 PM
 #571

god damn, I woke up on the moon!!!! Roll Eyes

Wish I would have picked up more.....and earlier then today.  I was thinking about it, but just couldn't pull the trigger.  Damn.....

I got in early,  been holding ever since, I am very interested to see what happens in a couple hours when the superblock hits!  its hard to believe that miners will hold during these prices....lets hope for half of them to hold though!!!
DogeGotMeIntoCrypto
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May 29, 2014, 02:42:40 PM
 #572

god damn, I woke up on the moon!!!! Roll Eyes

Wish I would have picked up more.....and earlier then today.  I was thinking about it, but just couldn't pull the trigger.  Damn.....

I got in early,  been holding ever since, I am very interested to see what happens in a couple hours when the superblock hits!  its hard to believe that miners will hold during these prices....lets hope for half of them to hold though!!!

Why does everyone assume the miners don't look at the charts?  I mine and ipo attracted me to this page (thank god) and I decided to throw all my BTC at it, while some mine and dump I think any big miner doing it for income also looks at charts to see if he can potentially make more and with the charts leading up to superblocks, if they even glance at it, they'd realize it'd be stupid to dump.  Just my thoughts  Smiley

merk475
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May 29, 2014, 02:45:35 PM
 #573

Crazy....up to 31k!
vir6
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May 29, 2014, 02:51:38 PM
 #574

MastiffCoin


- Only 2.7 M coins

- Dev team very active with some innovative projects

- Only trading at bittrex at the moment

- From 3k to 17k satoshis in the last 24 Hours

- 130 BTC volume and going up



People start to see the potential into this coin and those already in know the price is ridiculous and will not dump anything.


I'm glad to be a part of this community.



EDIT : 200 BTC volume / 30k satoshis !
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May 29, 2014, 03:04:20 PM
 #575

god damn, I woke up on the moon!!!! Roll Eyes

Wish I would have picked up more.....and earlier then today.  I was thinking about it, but just couldn't pull the trigger.  Damn.....

I got in early,  been holding ever since, I am very interested to see what happens in a couple hours when the superblock hits!  its hard to believe that miners will hold during these prices....lets hope for half of them to hold though!!!

Why does everyone assume the miners don't look at the charts?  I mine and ipo attracted me to this page (thank god) and I decided to throw all my BTC at it, while some mine and dump I think any big miner doing it for income also looks at charts to see if he can potentially make more and with the charts leading up to superblocks, if they even glance at it, they'd realize it'd be stupid to dump.  Just my thoughts  Smiley

Mining Same place, and doing the same. Took all my BTC and put it in to this. I am holding on for the ride!
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May 29, 2014, 03:11:19 PM
 #576

@Mastiffcoin

There are some accusations that your code is a copy of Husky coin. Any merit to those accusations?

vir6
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May 29, 2014, 03:25:52 PM
 #577

@Mastiffcoin

There are some accusations that your code is a copy of Husky coin. Any merit to those accusations?

I was suprised we still haven't seen any haters spreading FUD here yet  Grin
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May 29, 2014, 03:28:14 PM
 #578

@Mastiffcoin

There are some accusations that your code is a copy of Husky coin. Any merit to those accusations?

I was suprised we still haven't seen any haters spreading FUD here yet  Grin

Let it be known that I am not spreading FUD, merely trying to get a response out of the dev.

EDIT: I'm a holder of MAST, even after the recent rise.

vir6
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May 29, 2014, 03:30:08 PM
 #579

@Mastiffcoin

There are some accusations that your code is a copy of Husky coin. Any merit to those accusations?

I was suprised we still haven't seen any haters spreading FUD here yet  Grin

Let it be known that I am not spreading FUD, merely trying to get a response out of the dev.

EDIT: I'm a holder of MAST, even after the recent rise.

ok good to know  Wink

But don't forget 99% of the coins are copys, what matter is the community behind and dev bringing new features.
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May 29, 2014, 03:35:41 PM
 #580

@Mastiffcoin

There are some accusations that your code is a copy of Husky coin. Any merit to those accusations?

I was suprised we still haven't seen any haters spreading FUD here yet  Grin

Let it be known that I am not spreading FUD, merely trying to get a response out of the dev.

EDIT: I'm a holder of MAST, even after the recent rise.

ok good to know  Wink

But don't forget 99% of the coins are copys, what matter is the community behind and dev bringing new features.

Thank you for your civility.

I understand that is the nature of the environment when code is open source, lets see what they have to say and go from there Smiley

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