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Author Topic: [ANN] Syscoin- FINAL 2.0 LAUNCHED! *ENCRYPTION, MARKETPLACE, BTC INTEGRATION*  (Read 582685 times)
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chromosoma
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August 28, 2014, 02:04:18 AM
 #161

Everything is working. How do i merge mine now?
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madmartyk
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August 28, 2014, 02:08:00 AM
 #162

Everything is working. How do i merge mine now?

Yes I'm wondering the same thing?

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August 28, 2014, 02:11:28 AM
 #163

Dan - exactly how does the Service Fee Regen work?

thanks in advance

Syscoin charges users a "service fee" for the various services the coin provides- aliases, offers, data, and certificates. In 0.1.0 - 0.1.3 these fees were "burned" meaning that the number of coins in circulation was actively being reduced. In 0.1.4 moving forward (starting at block 17k) these fees are "regenerated" back to miners on 2 moving averages outlined in the whitepaper (which I need to add to this new OP sry).

What this means is larger block rewards for miners without increasing the amount of coins in circulation or changing the max-coins at all.  Smiley


Everything is working. How do i merge mine now?

Yes I'm wondering the same thing?

Merged mining works by taking the "work" done to solve a block on a different scrypt coin- lets say Litecoin in this case - and reusing that "work" to solve Syscoin blocks. This effectively nets the miner 2 coins for the "work" of one. You can see how this will not only increase the network hashrate exponentially, its also more cost effective for miners and improves the distribution of Syscoin in general.

Dan? Are you eMunie DEV?

Nope, Syscoin and only Syscoin for me Smiley

Syscoin: Business on the Blockchain. - Buy and sell goods and services, send encrypted messages and more all secured by the blockchain.
Syscoin Website | Syscoin Whitepaper | Syscoin Team Price Peg
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August 28, 2014, 02:14:05 AM
 #164

So will there be instructions on how to merge mine this with other coins?
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August 28, 2014, 02:14:49 AM
 #165

In the For What It's worth department

about 15 minutes ago I transferred 1 coin from my new wallet to my account on Mintpal

15 minutes later ... it has not shown up yet....

that's not to say it won't soon, but it has not in 15 minutes.

Smiley

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August 28, 2014, 02:17:40 AM
 #166


Merged mining works by taking the "work" done to solve a block on a different scrypt coin- lets say Litecoin in this case - and reusing that "work" to solve Syscoin blocks. This effectively nets the miner 2 coins for the "work" of one. You can see how this will not only increase the network hashrate exponentially, its also more cost effective for miners and improves the distribution of Syscoin in general.



Ehm, ok . But how do I start merge mining:)?
madmartyk
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August 28, 2014, 02:20:19 AM
 #167


Merged mining works by taking the "work" done to solve a block on a different scrypt coin- lets say Litecoin in this case - and reusing that "work" to solve Syscoin blocks. This effectively nets the miner 2 coins for the "work" of one. You can see how this will not only increase the network hashrate exponentially, its also more cost effective for miners and improves the distribution of Syscoin in general.



Ehm, ok . But how do I start merge mining:)?

Does it have to be done on a pool that supports both the coin mined and SYS?  Or is it set up in the wallet?

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August 28, 2014, 02:20:54 AM
 #168

In the For What It's worth department

about 15 minutes ago I transferred 1 coin from my new wallet to my account on Mintpal

15 minutes later ... it has not shown up yet....

that's not to say it won't soon, but it has not in 15 minutes.

Smiley


Blocks moving a bit slow right now.

You can probably find the transaction in the block explorer here http://www.blockexperts.com/sys
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August 28, 2014, 02:24:27 AM
 #169

In the For What It's worth department

about 15 minutes ago I transferred 1 coin from my new wallet to my account on Mintpal

15 minutes later ... it has not shown up yet....

that's not to say it won't soon, but it has not in 15 minutes.

Smiley

My deposit to bittrex is pending since 40 min or so....I am not sure if they are updated yet
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August 28, 2014, 02:26:50 AM
 #170

In the For What It's worth department

about 15 minutes ago I transferred 1 coin from my new wallet to my account on Mintpal

15 minutes later ... it has not shown up yet....

that's not to say it won't soon, but it has not in 15 minutes.

Smiley


Blocks moving a bit slow right now.

You can probably find the transaction in the block explorer here http://www.blockexperts.com/sys


lol - this sucks - glad it was only 1 coin

http://www.blockexperts.com/sys/tx/39fea665a51aa5b6dee2de1efce61def83977bf16174cd63666fbe43fdf514aa#

Lifeforce Pools : http://www.lifeforce.info
Earthcoin :http://eac.lifeforce.info -  Netcoin:  http://net.lifeforce.info - Hundred Coin Pool : http://100.lifeforce.info
Redoakcoin Pool : http://roc.lifeforce.info Guldencoin http://nlg.lifeforce.info also Worldcoin, Guncoin, NOBL, USDe, Tagcoin, Topcoin , Tagcoin , Credits, Goldcoin & Hobonickels
danosphere
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August 28, 2014, 02:30:26 AM
 #171

In the For What It's worth department

about 15 minutes ago I transferred 1 coin from my new wallet to my account on Mintpal

15 minutes later ... it has not shown up yet....

that's not to say it won't soon, but it has not in 15 minutes.

Smiley


Its fine Mintpal just needs to update. I was speaking with them prior to the release but it might have gotten too late. Soon as they are updated your coins will be there, I don't have clarity on if they are fully updated or not but will reach out to them.

This applies to all exchanges. Your coins will appear there after they have updated.

We have also reached out to the operator of our block explorer and asked them to update as well, should be completed soon.

Syscoin: Business on the Blockchain. - Buy and sell goods and services, send encrypted messages and more all secured by the blockchain.
Syscoin Website | Syscoin Whitepaper | Syscoin Team Price Peg
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August 28, 2014, 03:03:49 AM
 #172

In the For What It's worth department

about 15 minutes ago I transferred 1 coin from my new wallet to my account on Mintpal

15 minutes later ... it has not shown up yet....

that's not to say it won't soon, but it has not in 15 minutes.

Smiley


Its fine Mintpal just needs to update. I was speaking with them prior to the release but it might have gotten too late. Soon as they are updated your coins will be there, I don't have clarity on if they are fully updated or not but will reach out to them.

This applies to all exchanges. Your coins will appear there after they have updated.

We have also reached out to the operator of our block explorer and asked them to update as well, should be completed soon.
i withdrew  100 from bitrex still waiting for it to arrive 35 mins ago but  bitrex took 2 sys off me for withdraw is that right..thats like 20 dollars to me 2 syscoin
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August 28, 2014, 03:09:05 AM
 #173

I think that need to put 'MANDATORY UPDATE' into the title!

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August 28, 2014, 03:17:22 AM
 #174

What the hell sys price, it is only 355 sat now.......

Sirx: SQyHJdSRPk5WyvQ5rJpwDUHrLVSvK2ffFa
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August 28, 2014, 03:18:41 AM
 #175

Transferred 25k from Mintpal at 22:00 EST in 1.3 wallet. 25K received in 1.3 wallet and confirmed.
Upgraded to 1.4 wallet minutes ago. 25K now unconfirmed. Wallet on current block. Also new receive address with 1.4 wallet?
Will 25k confirm?
Thanks for the help. Regards
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August 28, 2014, 03:27:21 AM
 #176

Transferred 25k from Mintpal at 22:00 EST in 1.3 wallet. 25K received in 1.3 wallet and confirmed.
Upgraded to 1.4 wallet minutes ago. 25K now unconfirmed. Wallet on current block. Also new receive address with 1.4 wallet?
Will 25k confirm?
Thanks for the help. Regards

Did you happen to backup your wallet.dat file before you upgraded?
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August 28, 2014, 03:30:21 AM
 #177

Transferred 25k from Mintpal at 22:00 EST in 1.3 wallet. 25K received in 1.3 wallet and confirmed.
Upgraded to 1.4 wallet minutes ago. 25K now unconfirmed. Wallet on current block. Also new receive address with 1.4 wallet?
Will 25k confirm?
Thanks for the help. Regards

Did you happen to backup your wallet.dat file before you upgraded?

No. Not this upgrade.
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August 28, 2014, 03:30:52 AM
 #178

What the hell sys price, it is only 355 sat now.......
i just pushed it up to 366 on bitrex
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August 28, 2014, 03:42:28 AM
 #179

Forum page 1 needs updated to reflect V 1.4 for wallet. Still reads V 1.3
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August 28, 2014, 03:50:18 AM
 #180

why so many buy walls at  360-370?? over quarter mil of SYS just there alone
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