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agentneuron
Member
Offline
Activity: 71
Merit: 10
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October 03, 2014, 08:24:19 PM |
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Soooo.. launch today or tomorrow?
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meccoin4me
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October 03, 2014, 08:26:32 PM |
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i rent some rigs because i was thinking the coin was mineble now (altcoincalender) , but it is not now???
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Nightz
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October 03, 2014, 08:28:06 PM |
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you completed your's the price hike after me as mine was 0.91 and your's is 0.915 so it will soon but looking at the blockchain your tx fee is lower than minimum which could be the reason what time was it sent out
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cryptzo (OP)
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October 03, 2014, 08:34:10 PM |
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i rent some rigs because i was thinking the coin was mineble now (altcoincalender) , but it is not now???
I am sorry to hear this. The ICO ends today, but the mining period and launch is not until tomorrow.
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meccoin4me
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October 03, 2014, 08:35:39 PM |
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i rent some rigs because i was thinking the coin was mineble now (altcoincalender) , but it is not now???
I am sorry to hear this. The ICO ends today, but the mining period and launch is not until tomorrow. it's ok i'll be back tomorrow , any good suggestion what to do with the rigs till tomorrow? for scrypt
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niconus
Newbie
Offline
Activity: 10
Merit: 0
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October 03, 2014, 08:44:33 PM |
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sent 2014-10-03 17:21:49 I read that unconfirmed transaction resubmitted 2 days in the bitcoin network.
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Nightz
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October 03, 2014, 08:59:20 PM |
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sent 2014-10-03 17:21:49 I read that unconfirmed transaction resubmitted 2 days in the bitcoin network.
i have not a clue then mate as i sent my bitcoin @ 17:01 and have 36 confirmations
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niconus
Newbie
Offline
Activity: 10
Merit: 0
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October 03, 2014, 09:42:19 PM |
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thank you. 2 confirmations in the bitcoin network is already there.
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dirtyboots77
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October 04, 2014, 04:51:56 AM |
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did I miss something...where is the wallet file for staking now that the ICO is over?
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james42
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October 04, 2014, 01:48:26 PM |
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sumgye
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October 04, 2014, 03:59:03 PM |
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I wanted to give an update for everyone. Testing is finished and has gone well. Launch time currently looks good, but Mac wallets wont be ready by then. Sorry about that. One thing that we did discover during testing is that our math is a 'little off' for 1000x for the week at 269% interest, and I wanted to let you know. It was calculated based on the rate a coin would have to grow to reach 1000x in 7 days, which is absolutely true. But it was clearly stated in the OP that the interest would be 269% daily, which is a different thing altogether. That will create 269% more coins for you, on top of the ones you already have. So instead of 1 coin staking into 2.69 coins on day one of the growth period, it will PRODUCE 2.69 coins, and leave you with 3.69 coins to stake tomorrow, when the same thing will happen again, hence compound interest. Anyway, long story short, I've re-done the math, and with 269% interest a single coin mined continuously over a week will produce nearly 10k coins, not 1k coins. Oops! Anyway, we talked about it and decided to leave it as is, since 269% daily interest during the growth period is the advertised spec. I just wanted to let people know, since the maximum number of coins that could be produced, depending on the number of coins mined and how many coins overall get staked, is now roughly 10m, not 1m. I've updated the graph to show the growth: https://docs.google.com/spreadsheets/d/1b1_BKfRxuOeAzvhzmldG1P0d0bxZAEQsXXmcBDHedTY/edit#gid=43161177As for the ICO, coins will go out once they mature after POW begins - which will happen after block 121. Those blocks will go by pretty fast while the difficulty is still ramping up. Testing suggests it will take roughly 10-15 minutes.
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cryptzo (OP)
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October 04, 2014, 04:18:13 PM |
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I wanted to give an update for everyone. Testing is finished and has gone well. Launch time currently looks good, but Mac wallets wont be ready by then. Sorry about that. One thing that we did discover during testing is that our math is a 'little off' for 1000x for the week at 269% interest, and I wanted to let you know. It was calculated based on the rate a coin would have to grow to reach 1000x in 7 days, which is absolutely true. But it was clearly stated in the OP that the interest would be 269% daily, which is a different thing altogether. That will create 269% more coins for you, on top of the ones you already have. So instead of 1 coin staking into 2.69 coins on day one of the growth period, it will PRODUCE 2.69 coins, and leave you with 3.69 coins to stake tomorrow, when the same thing will happen again, hence compound interest. Anyway, long story short, I've re-done the math, and with 269% interest a single coin mined continuously over a week will produce nearly 10k coins, not 1k coins. Oops! Anyway, we talked about it and decided to leave it as is, since 269% daily interest during the growth period is the advertised spec. I just wanted to let people know, since the maximum number of coins that could be produced, depending on the number of coins mined and how many coins overall get staked, is now roughly 10m, not 1m. I've updated the graph to show the growth: https://docs.google.com/spreadsheets/d/1b1_BKfRxuOeAzvhzmldG1P0d0bxZAEQsXXmcBDHedTY/edit#gid=43161177As for the ICO, coins will go out once they mature after POW begins - which will happen after block 121. Those blocks will go by pretty fast while the difficulty is still ramping up. Testing suggests it will take roughly 10-15 minutes. Thanks for updating everyone. Working on getting the final builds together and nodes online right now. People that participated in the ICO with the offline wallet - please back up your wallet.dat in %appdata%/seedcoin to a safe place, and delete everything in that folder EXCEPT for your wallet.dat. It is critical to keep your wallet.dat safe, if you delete it we can not recover it for you, and that is where your coins will be sent.
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chipmadness
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October 04, 2014, 04:25:27 PM |
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There's viruses inside the wallet? That's just lovely
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CryptoThrone - http://cryptothrone.com - The Highest Rank in Crypto News! Visit us for the latest Bitcoin news, conference news, the newest and best alt-coins getting released, mining hardware news, mining theories, and everything else related to crypto-currency! Looking for a web developer? Let me design you a responsive, elegant, and modern site today!
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kashking
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October 04, 2014, 04:34:46 PM |
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There's viruses inside the wallet? That's just lovely It was a malicious wallet posted by another user, not anyone from the dev team
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chipmadness
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October 04, 2014, 05:23:17 PM |
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Hey guys! I am very exciting the launch! Here is a little review I made about Seed Coin so far! http://cryptothrone.com/seedcoin-seed-1000x-growth-period-scrypt-powpos/
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CryptoThrone - http://cryptothrone.com - The Highest Rank in Crypto News! Visit us for the latest Bitcoin news, conference news, the newest and best alt-coins getting released, mining hardware news, mining theories, and everything else related to crypto-currency! Looking for a web developer? Let me design you a responsive, elegant, and modern site today!
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james42
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October 04, 2014, 07:06:35 PM |
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You can try solo on the wallet at launch for a few minutes, I'm certainly going to try before the pools have the source compiled :-)
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Koontas
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October 04, 2014, 07:09:07 PM |
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You can try solo on the wallet at launch for a few minutes, I'm certainly going to try before the pools have the source compiled :-)
The pools will be running by the time the block rewards kick in. Keep in mind there are 0 rewards for the first blocks.
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Don't trust any exchange!
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