Mining at http://mtc.coinminerpool.com
If I qualify for a free coin:
n16herQfZhTK5iSecocB8EPcrwShDrHxpn
Thanks!
also: please provide working conf file if possible. I got this now (called Marinecoin.conf):
rpcuser=username
rpcpassword=password
rpcallowip=localhost
rpcport=
gen=0
server=1
addnodes=78.188.245.233
addnodes=91.211.56.142
addnodes=222.77.163.224
addnodes=197.6.171.187
Thanks2!
Topic: alot of people are mining MTC were we missing something - page 2. (Read 2660 times)
I am glad you guys enjoyed and thanks for helping to double the network hash rate to 25.000 khash in one hour, 1 marinecoin can be given to anyone who helped in here you can always convert your MTC to EXN or DOGE on the website thanks good night, there is a war going out we are ready to do almost anything to win pass thru the crowd to implement the ideas.
no samy I am actually a AI robot, created by marinecoin, I am the first prototype of many to come that will promoto MTC : 
I believe you.
Thanks for the laugh, its pretty funny to see the lone developer trying to pump his coin.
To Samysamy1:
The way a PoS coin works is that it essentially pays you to keep your coins untouched in your wallet. In a PoS coin, the longer you leave your coins untouched in your wallet the more Coin age they accrue. This Coin Age mines the PoS part of the coin (Making it more energy efficient), and alot of coins have average interest rates the PoS pays out. It's not much, usually around 5% a year. Meaning if you left 1000 coins in your wallet for a year, and never touched the coins, added more to your wallet or mined with the PoW part of the wallet, at the end of the year you should see about 1050 coins sitting there, which is what I call gaining interest.
Since you don't understand cryptocurrencies very well, I will give you a brief description of what I have picked up so far. Most cryptocurrencies work on the basis of a PoW system. The way a cryptocurrency works is everyone is sharing the blockchain. It's all on a Peer to Peer network. If we lived in utopia, where there was no such thing as theft, the blockchain could exist without a single watt of power being used for keeping the chain secure. What they devised instead since we know many people steal IRL was to get all the computers play an energy sucking game with the voting of which chain is the correct one going to the person that finds the block. If a person or entity can find multiple blocks in a row, they can effectively tell the network that the blockchain they created is infact the correct one, and the one that is correct is one that was a fraud, thus it is rejected. This is called a 51% attack, and is the main reason they want the power distributed to as many people as possible.
What a PoS cryptocurrency does, since the developer SunnyKing noticed was the PoW system was using alot of the world power to keep playing this game of who gets the block. So he invented a new greener way to distribute the voting power by having a portion of the coins power coming from the old PoW system. The other part would be generated by coin age of the coins. Thus if a person wanted to 51% attack a coin, they would not only have to get the majority of the voting shares from the PoW side, but also own enough coins to have a coin age to get the PoS share of the coin. Yes this system does allow the coin rich to get control of the coin and get greater power. But it holds itself that a person that owns such a large share of the currency would not want to sacrifice all their coins to take the crypto-currency down. As time goes on, and all the rewards are divided out, essentially they could turn the PoW electricity sucking part of the coin off and have the cryptocurrency run basically energy free going off the premise that no one will want to kill all their coins in doing the attack.
Don't take my word for it, I think I have it, but I could be totally wrong.
After reading more, it looks like they are actually just buying back, or taking control over portions of the coins available to control the price, since you can't dump what you no longer control. They are then paying an interest to you on the coins that they now have control over in their untouchable vault.
The way a PoS coin works is that it essentially pays you to keep your coins untouched in your wallet. In a PoS coin, the longer you leave your coins untouched in your wallet the more Coin age they accrue. This Coin Age mines the PoS part of the coin (Making it more energy efficient), and alot of coins have average interest rates the PoS pays out. It's not much, usually around 5% a year. Meaning if you left 1000 coins in your wallet for a year, and never touched the coins, added more to your wallet or mined with the PoW part of the wallet, at the end of the year you should see about 1050 coins sitting there, which is what I call gaining interest.
Since you don't understand cryptocurrencies very well, I will give you a brief description of what I have picked up so far. Most cryptocurrencies work on the basis of a PoW system. The way a cryptocurrency works is everyone is sharing the blockchain. It's all on a Peer to Peer network. If we lived in utopia, where there was no such thing as theft, the blockchain could exist without a single watt of power being used for keeping the chain secure. What they devised instead since we know many people steal IRL was to get all the computers play an energy sucking game with the voting of which chain is the correct one going to the person that finds the block. If a person or entity can find multiple blocks in a row, they can effectively tell the network that the blockchain they created is infact the correct one, and the one that is correct is one that was a fraud, thus it is rejected. This is called a 51% attack, and is the main reason they want the power distributed to as many people as possible.
What a PoS cryptocurrency does, since the developer SunnyKing noticed was the PoW system was using alot of the world power to keep playing this game of who gets the block. So he invented a new greener way to distribute the voting power by having a portion of the coins power coming from the old PoW system. The other part would be generated by coin age of the coins. Thus if a person wanted to 51% attack a coin, they would not only have to get the majority of the voting shares from the PoW side, but also own enough coins to have a coin age to get the PoS share of the coin. Yes this system does allow the coin rich to get control of the coin and get greater power. But it holds itself that a person that owns such a large share of the currency would not want to sacrifice all their coins to take the crypto-currency down. As time goes on, and all the rewards are divided out, essentially they could turn the PoW electricity sucking part of the coin off and have the cryptocurrency run basically energy free going off the premise that no one will want to kill all their coins in doing the attack.
Don't take my word for it, I think I have it, but I could be totally wrong.
After reading more, it looks like they are actually just buying back, or taking control over portions of the coins available to control the price, since you can't dump what you no longer control. They are then paying an interest to you on the coins that they now have control over in their untouchable vault.
no samy I am actually a AI robot, created by marinecoin, I am the first prototype of many to come that will promoto MTC :
akaCash would you explain this person the difference since you seem to know it all make sure to use good capitilazation sorry samysamy if I try to explain it akaCash will smash me into pieces and I don't want that to happen sorry kiddo.
Could Monica and Hector be one and the same person or they collaborate intentionally with each other in order to promote this coin 
I have no idea what I read there. They want to create a city? And something about getting interest for retirement? I wonder if they mean they have PoS, which does pay you "interest" on coins that are aging in your wallet. But they are definitely not the first coin in the world to do that. If anyone has more info on this one, let me know, it sounds weird but interesting.
Looks like the Coin itself is 2 minute block time, and 1 coin reward for the next 1000 years, with no halving ect. What's very odd, is the website is/should be their sales tool to tell people what they are doing but instead they want you to e-mail them to get the basic info of the coin.
Just a question: Why do people compare Pos with earning interest?
Interest (invented by the Jewish bankers) is not the same as business as it is an unfair/injustice way of gaining money and disadvantages other people.
An example of interest:
Lending money to a needy person and expecting him/her to pay an extra amount on top of it, which will grow bigger and bigger if this person struggles to pay it back on time.
There are two solutions for this: 1) You lend money and expect the same amount back. 2) You give the money as a way of investment - so you will make profit or loss accordingly
Another example of interest:
You swap a loaf of bread against 2 loafs of bread.
You alsways need to change the same amount of exact the amount in case it's the same type (bread for bread, salt for salt, gold for gold etc.)
To be very honest I don't understand cryptocurrencies very well but I would appreciate it if someone could explain me why the "profit" from forging is compared to interest and therefore an injust system.
I think the T comes from Maritime Network marinecoin belongs to and its the official coin of the network that they are creating with various other alt coins they are talking about hundreds
Hector we will talk tomorrow once you sober up this has been an interesting conversation
Hector we will talk tomorrow once you sober up this has been an interesting conversation
metiscoin = MTC
marinecoin = where do you see a "T" in that name?
marinecoin = where do you see a "T" in that name?
Lol. How long are you going to carry on this bullshit convo with yourself? Please don't think that just because I'm the first to call you out on this that no one else has noticed it.
Edit: Just noticed I wasn't the 1st actually, just makes it more lol though.
Edit: Just noticed I wasn't the 1st actually, just makes it more lol though.
scooby903
A really drunk professor can do what he wants with his capitilization while typing on his smartphone
Monica you are still here
A really drunk professor can do what he wants with his capitilization while typing on his smartphone
Monica you are still here
Hector I too in London, I work for one of the biggest investment firms here, my boss started buying millions dollar BTC to the firms investment portfolio, but later they decided to dump it all said BTC was too risky, he is looking into alts right now that's how I got into this crypto thing, but that's where money is at.
I am professor at London school of economics, I have been following the crypto craze for a few years and had been waiting for a more serious approach to crypto. this MTC seems to be the best one and probably the only one with that kind of approach so far.
BAHAHAHAHAHA
I seriously doubt any "professor" would use poor grammar and capitalization
Pretty certain this is my favourite thread of the day
I think what is going on in this thread is pretty lol.
True I however liked it compared to the others where they just list the technical aspects of the coin and a wallet download link, and expect you fall for it. I am professor at London school of economics, I have been following the crypto craze for a few years and had been waiting for a more serious approach to crypto. this MTC seems to be the best one and probably the only one with that kind of approach so far.
They don't even try any more...
Yeah they got to fix that, terrible in design agreed
This coin isn't taking over anything with it's homepage having that kinda font.
Did the web guy not know anything about usability or accessability?
Did the web guy not know anything about usability or accessability?
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