[ANN] Gnosis [GNS] POW/POS Hybrid - Anon EM/Stealth Addressing - Scrypt

[ipominer]

lol ipominer
i take it most of the hash coming onto the coin is from your pool?

We've had anywhere from 2-20Gh on GNS today - you can see our hashrate and block stats on the site of course. Our miners usually rent heavily when coins look promising

lol ipominer
i take it most of the hash coming onto the coin is from your pool?

thanks too ipominer im mining this coin, got a couple of asics on the scrypt multiport 
probably the first time i've unintentionally mined a coin i wanted to mine 

Nice! That's always good to hear.

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[cryptoholic11]

Anything unique here, OP seems empty..? Will there be a road map?

And how long (in days/weeks) is POW mining going for?

[GnosisDev]

POW is til block 10k. Ill have a roadmap either tomorrow, or later today with our plans for future development.

[CryptoStoner]

Devs should contact bittrex personally and discuss addition of the coin, looks like it has good potential!

[popcorn75]

buying some now, its only 318.... im tempted to go all in, but i made a promise to myself to never do that.

[bitjas]

buying some now, its only 318.... im tempted to go all in, but i made a promise to myself to never do that.

LOL.... then dont !

[magaura]

interesting..waiting for roadmap..and then I will see..

[Tuwie2]

lol ipominer
i take it most of the hash coming onto the coin is from your pool?

We've had anywhere from 2-20Gh on GNS today - you can see our hashrate and block stats on the site of course. Our miners usually rent heavily when coins look promising

Fortunately, most of the miners at IPO aren't dumpers that know when and how to sell a coin. 

I haven't sold any yet.   Price isn't where I think it can be once the end of PoW nears. 

As always, never risk what you aren't willing to lose. 

[cryptoholic11]

lol ipominer
i take it most of the hash coming onto the coin is from your pool?

We've had anywhere from 2-20Gh on GNS today - you can see our hashrate and block stats on the site of course. Our miners usually rent heavily when coins look promising

Fortunately, most of the miners at IPO aren't dumpers that know when and how to sell a coin. 

I haven't sold any yet.   Price isn't where I think it can be once the end of PoW nears. 

As always, never risk what you aren't willing to lose. 

How long does POW end. Im not a miner so I dont know what 10k blocks even means. How long (in days or weeks/month) will it last?

[PhattyBanks]

lol ipominer
i take it most of the hash coming onto the coin is from your pool?

We've had anywhere from 2-20Gh on GNS today - you can see our hashrate and block stats on the site of course. Our miners usually rent heavily when coins look promising

Fortunately, most of the miners at IPO aren't dumpers that know when and how to sell a coin. 

I haven't sold any yet.   Price isn't where I think it can be once the end of PoW nears. 

As always, never risk what you aren't willing to lose. 

How long does POW end. Im not a miner so I dont know what 10k blocks even means. How long (in days or weeks/month) will it last?

dev said around 6 days now

[travis72682]

hmmm, Looks promising... almost 10 btc volume over at c-cex... some miners are definitely dumping. But there are ppl buying them up.  I have a feeling this one may hurt like ltcd did to those that dump early

[tylerderden]

anybody having problems with staking
i deleted and reset up my wallet twice
it says coins are mature estimated time to reward is 6 mins
its been like this for 2 hours and not minted any coins
anyone else have problems?

Your coins mature after around 510 confirmations, after that the wallet needs to be unlocked for staking to happen, and it ont e immediate, it will take time depending on the netweight etc it could take up to a day to stake. Plenty blocks have been staked and its working fine

As far as the premine

Most of the premine will sit in a faucet to stake, what is staked will be given out through the faucet. Your right numbers were wrong a little bit and aftrer people came into the channel we decided not to host an ICO because it was just a bad idea. Please dont stress on it, the ICO Addr is  SsDyb362vhGKAQUDq8dmgyf9bbXdoAH8sL
You can see for yourself the only coins moving out from the premine is paying for bounties etc.
Eventually some of it will be sold. But im not going t just dump it. I might sell 500 here and there, but not all at once, and there IS USD pairs to use. So please stop stressing over it. Time will tell you I'm not an evil dev. Plenty people know me on IRC and I am a respected member there. Come chat with us in ##gnosis

dev, do yourself and everyone else a favor and use qtl trader or something if your going to sell off part of the pre mine. that way it works for you not against and sells it off slowly without fucking up the market. win win for everybody that way. its moron devs like carson and loq that dump the whole thing at once that screw people over not to mention that is a rookie mistake as a trader and sure sign of being a dumb kid with no clue what they are doing. So far things are looking good.

All you newbs screaming about the premine being dumped haven't been around to know what your talking about. The majority of the coins being dumped are from people like me. I could spend .01 on nicehash overnight last night and dump a good portion of my coins at 250 satoshi and still make a decent profit while upping the volume on the existing exchanges to get the attention of the big exchanges where we should easily see 1500 satoshi and im still banking even after selling 50 % of my coins. This is how you get moved up to bigger exchanges and I have been doing this for quite awhile. Its a win win for everybody. the pool gets their cut, coinswap/c-cex gets theirs and nicehash gets theirs not to mention investors get cheap coins and we all benefit from going to higher volume exchanges. This is how the game works, if your not willing to figure it out at least keep your mouth shut because your doing nobody any good by showing your ignorance on the subject.

[sly5am]

anybody having problems with staking
i deleted and reset up my wallet twice
it says coins are mature estimated time to reward is 6 mins
its been like this for 2 hours and not minted any coins
anyone else have problems?

Your coins mature after around 510 confirmations, after that the wallet needs to be unlocked for staking to happen, and it ont e immediate, it will take time depending on the netweight etc it could take up to a day to stake. Plenty blocks have been staked and its working fine

As far as the premine

Most of the premine will sit in a faucet to stake, what is staked will be given out through the faucet. Your right numbers were wrong a little bit and aftrer people came into the channel we decided not to host an ICO because it was just a bad idea. Please dont stress on it, the ICO Addr is  SsDyb362vhGKAQUDq8dmgyf9bbXdoAH8sL
You can see for yourself the only coins moving out from the premine is paying for bounties etc.
Eventually some of it will be sold. But im not going t just dump it. I might sell 500 here and there, but not all at once, and there IS USD pairs to use. So please stop stressing over it. Time will tell you I'm not an evil dev. Plenty people know me on IRC and I am a respected member there. Come chat with us in ##gnosis

dev, do yourself and everyone else a favor and use qtl trader or something if your going to sell off part of the pre mine. that way it works for you not against and sells it off slowly without fucking up the market. win win for everybody that way. its moron devs like carson and loq that dump the whole thing at once that screw people over not to mention that is a rookie mistake as a trader and sure sign of being a dumb kid with no clue what they are doing. So far things are looking good.

All you newbs screaming about the premine being dumped haven't been around to know what your talking about. The majority of the coins being dumped are from people like me. I could spend .01 on nicehash overnight last night and dump a good portion of my coins at 250 satoshi and still make a decent profit while upping the volume on the existing exchanges to get the attention of the big exchanges where we should easily see 1500 satoshi and im still banking even after selling 50 % of my coins. This is how you get moved up to bigger exchanges and I have been doing this for quite awhile. Its a win win for everybody. the pool gets their cut, coinswap/c-cex gets theirs and nicehash gets theirs not to mention investors get cheap coins and we all benefit from going to higher volume exchanges. This is how the game works, if your not willing to figure it out at least keep your mouth shut because your doing nobody any good by showing your ignorance on the subject.

Ditto  +1

[provenceday]

better add this to bittrex after pow ends.

[cryptoholic11]

Dev can you specify/clarify how much was premined for the cancelled ICO offering? And the link to the block explorer doesnt seem to be working.

[popcorn75]

just destroy it

[jdaugherty]

just destroy it

[popcorn75]

maybe keep a small amount for future development, faucets or something.. but most should just be destroyed

[tylerderden]

premine is fine, it is what the dev does with it that matters. If its used to develop features and give the coin a better chance at being in a good price range its fine. But it needs to be upfront in the op with the address posted. otherwise your looking at panic dumping to 1 satoshi. I have a huge bag of this, if i think the dev is dumping the premine i can kill this market faster than he can dump it, so really its in his best interest to post the premine address and make sure everyone is on the same page. fud will kill a coin pretty fast if you let it.

[Kimonio]

premine is fine, it is what the dev does with it that matters. If its used to develop features and give the coin a better chance at being in a good price range its fine. But it needs to be upfront in the op with the address posted. otherwise your looking at panic dumping to 1 satoshi. I have a huge bag of this, if i think the dev is dumping the premine i can kill this market faster than he can dump it, so really its in his best interest to post the premine address and make sure everyone is on the same page. fud will kill a coin pretty fast if you let it.

+10000

I agree. Dev's deserve to be paid for the work they do. As long as they are transparent about where the funds are and how they will be used, I have no issues with a pre-mine at all. It takes a lot of time and effort to build a coin. Personally, I have been nothing but impressed by the dev so far - pod has been done, he is active and openly communicates on irc and can even be found on the troll box on c-cex.  I look forward to seeing what he has in store for us.

Bring on the roadmap!