[ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA

[AngusCanine]

Go to help -> debug

What does it say is the Current number of blocks?  It sounds like you aren't synched yet.  It takes a while.

20206 and counting  so I guess it not synced yet just the green bar isn't showing any more to say its syncing

[svenp]

Hello, early adopter here - but I just registered.

I've been trying to stake with address: http://cloak.blockexplorer.cc/address/CDJ6Cb3S58rRKRPy8n16LExTi8i2bjz8cJ

I've been generating forks for the past two days, I "mine/stake" about 10 abandoned transactions worth, some hitting as many as 10 confirmations before the fork is abandoned and I reconfigure my wallet. My symptoms are very similar to the wallet yesterday whom the devs wanted attention from, the 33k coins. I'm sitting on 38k coins, and my network weight like everyone else is way out of whack. Should I stop trying to stake? Am I causing more problems by trying? I want to contribute to network security and I assumed staking would be the answer.

You should go to the IRC channel and ask this question.  I wish I knew the answer but I don't.

http://webchat.freenode.net/?channels=#CloakCoin

[TheDagger]

Update:

A problem causing the recent anomaly in which there was a fork, that proceeded to stop a vast majority of wallets on the network from staking has at last been identified.

Now we can get a fix on it!

[youngmike]

Update:

A problem causing the recent anomaly in which there was a fork, that proceeded to stop a vast majority of wallets on the network from staking has at last been identified.

Now we can get a fix on it!

YEAH!!!

[boestin]

Ty devs!

[Korean]

Can someone explain staking?

So if I have 100 coins, every 6 hours, I get 6% more indefinitely?

[mrrgnome]

Can someone explain staking?

So if I have 100 coins, every 6 hours, I get 6% more indefinitely?

6% annually I believe, plus transaction fees? Am I right about the transaction fees?

[igor107th]

no problems whit upload my coins to mintpal not good engels sorry

[Korean]

Can someone explain staking?

So if I have 100 coins, every 6 hours, I get 6% more indefinitely?

6% annually I believe, plus transaction fees? Am I right about the transaction fees?

So each day you age is 6%/365 coins?

[darkproton]

Can someone explain staking?

So if I have 100 coins, every 6 hours, I get 6% more indefinitely?

6% annually I believe, plus transaction fees? Am I right about the transaction fees?

So each day you age is 6%/365 coins?

yes. (coins * .06)/365 gives aproximate

[rygamble]

Can someone explain staking?

So if I have 100 coins, every 6 hours, I get 6% more indefinitely?

6% annually I believe, plus transaction fees? Am I right about the transaction fees?

So each day you age is 6%/365 coins?

yes. (coins * .06)/365 gives aproximate

Is it 6% compounding or nominal?

[socket]

Can someone explain staking?

So if I have 100 coins, every 6 hours, I get 6% more indefinitely?

6% annually I believe, plus transaction fees? Am I right about the transaction fees?

So each day you age is 6%/365 coins?

yes. (coins * .06)/365 gives aproximate

Is it 6% compounding or nominal?

I guess it depends.  I think you'd have to re-stake your gained interest.  I don't think your stake interest goes back into your staked balance.

[thcmakaveli]

Can someone explain staking?

So if I have 100 coins, every 6 hours, I get 6% more indefinitely?

6% annually I believe, plus transaction fees? Am I right about the transaction fees?

Yes thats right. 6 % annualy of the total coins ( 4.5 mil ) + transaction fees.

[mrrgnome]

Can someone explain staking?

So if I have 100 coins, every 6 hours, I get 6% more indefinitely?

6% annually I believe, plus transaction fees? Am I right about the transaction fees?

So each day you age is 6%/365 coins?

yes. (coins * .06)/365 gives aproximate

Is it 6% compounding or nominal?

I guess it depends.  I think you'd have to re-stake your gained interest.  I don't think your stake interest goes back into your staked balance.

I think it is compounded, after all the stake dynamically updates and is only a portion of the balance unless I'm mistaken. Why wouldn't it use the coins earned via interest as part of the stake/balance rotation?

[socket]

Can someone explain staking?

So if I have 100 coins, every 6 hours, I get 6% more indefinitely?

6% annually I believe, plus transaction fees? Am I right about the transaction fees?

So each day you age is 6%/365 coins?

yes. (coins * .06)/365 gives aproximate

Is it 6% compounding or nominal?

I guess it depends.  I think you'd have to re-stake your gained interest.  I don't think your stake interest goes back into your staked balance.

I think it is compounded, after all the stake dynamically updates and is only a portion of the balance unless I'm mistaken. Why wouldn't it use the coins earned via interest as part of the stake/balance rotation?

Not sure then.. =) I'll just admit I'm guessing.  PoS is a mystery to me.

[StephenJH]

What is the reason cryptsy is not an option in cloaktrade?

I know it's been said but I can't find it.

[DaveyJones]

What is the reason cryptsy is not an option in cloaktrade?

I know it's been said but I can't find it.

Im also just guessing, but i think it was that their API is not advanced enough.

[darkproton]

What is the reason cryptsy is not an option in cloaktrade?

I know it's been said but I can't find it.

Im also just guessing, but i think it was that their API is not advanced enough.

Exactly this ^^

[djslick]

GO CLOACK GO!

[papagravel]

so whats the deal with posa?