Proof-of-Working-Stake certainly does align the incentives of the network and stakers more appropriately.
Not sure if it qualifies for "innovative", considering we implemented it months and months ago, but it is certainly wise.
Well done!
Cheers
Topic: [ANN] BitBean | Innovative PoS | Scalability | No IPO | No premine - page 27. (Read 75533 times)
February 17, 2015, 05:27:50 PM
Glad to see a new crypto follow the CLAM way
Proof-of-Working-Stake certainly does align the incentives of the network and stakers more appropriately.
Not sure if it qualifies for "innovative", considering we implemented it months and months ago, but it is certainly wise.
Well done!
Cheers
Proof-of-Working-Stake certainly does align the incentives of the network and stakers more appropriately.
Not sure if it qualifies for "innovative", considering we implemented it months and months ago, but it is certainly wise.
Well done!
Cheers
February 17, 2015, 05:23:27 PM
i think its like solo-ing a coin, the more the hash power (ammount of coins) the more the luck of finding a block... i dont think a wallet with 10k coins can have any luck of finding...
February 17, 2015, 05:18:13 PM
I have some questions about the PoS:
If a user has 1.000.000 BitB staking, after the 6 hours for maturing how many BitB will he gain? since it's not a % and it's based on the block how can the user know what to expect??
Another question: Should the user have 1 address with 1 Million BitB or 10 addresses with 100.000 bitB? Is there an diference?
Well, they should solve a block when their network stake is high enough after six hours, and that block will contain 1000 coins. In the case of Bitbean, it may increase block frequency if you split the 1 million coins into 10, 100k coin addresses. If a user has 1.000.000 BitB staking, after the 6 hours for maturing how many BitB will he gain? since it's not a % and it's based on the block how can the user know what to expect??
Another question: Should the user have 1 address with 1 Million BitB or 10 addresses with 100.000 bitB? Is there an diference?
February 17, 2015, 05:11:08 PM
I have some questions about the PoS:
If a user has 1.000.000 BitB staking, after the 6 hours for maturing how many BitB will he gain? since it's not a % and it's based on the block how can the user know what to expect??
Another question: Should the user have 1 address with 1 Million BitB or 10 addresses with 100.000 bitB? Is there an diference?
If a user has 1.000.000 BitB staking, after the 6 hours for maturing how many BitB will he gain? since it's not a % and it's based on the block how can the user know what to expect??
Another question: Should the user have 1 address with 1 Million BitB or 10 addresses with 100.000 bitB? Is there an diference?
February 17, 2015, 05:02:36 PM
im gettin that DOGE vibe
I was thinking the same thing 
February 17, 2015, 04:39:14 PM
end of week we might even see 100 perhaps?
February 17, 2015, 04:26:50 PM
If you guys really want to see this pump, you can't be stacking 35+ BTC on the sell side. Whales look for a cheap way to get the price up without having to buy up all the coins.
Or just dump to them, the faster and more coins you dump the faster it pumps.
Or just dump to them, the faster and more coins you dump the faster it pumps.
if we could just brainwash the stupidity out of them... it would be possible..
February 17, 2015, 03:27:39 PM
You can use a bitbean web wallet now on https://www.coinwallet.co
Updated windows wallet and it was smooth. Thanks for the speedy update dev 
February 17, 2015, 03:23:17 PM
You can use a bitbean web wallet now on https://www.coinwallet.co
February 17, 2015, 03:13:41 PM
If you guys really want to see this pump, you can't be stacking 35+ BTC on the sell side. Whales look for a cheap way to get the price up without having to buy up all the coins.
Or just dump to them, the faster and more coins you dump the faster it pumps.
Or just dump to them, the faster and more coins you dump the faster it pumps.
February 17, 2015, 03:11:41 PM
New wallet:
Windows: https://mega.co.nz/#!zR0UADxC!U5SABNbX5BfnoSMcaoxecj23hct8REIhz2CYRJlg27g
Linux: https://mega.co.nz/#!HAVCDJLA!vrr9EVVH1i2lQLmawB6fX2HUJp3yqxC6XNu018Mk9tE
Source: https://mega.co.nz/#!CBFTCL6A!WOjSA7FGLLz0InlYXZBCzXdG6v063adSsY_IZQt9Rbo
Github: https://github.com/nokat/bitbean
This is a backwards compatible update. You don't have to update and you don't have to resync when updating. Just close old wallet and open the new wallet instead and it should work fine.
Changelog:
Added checkpoint at block 11111
Change ticker from BEANS to BITB
Change splash image and about image
Good work Windows: https://mega.co.nz/#!zR0UADxC!U5SABNbX5BfnoSMcaoxecj23hct8REIhz2CYRJlg27g
Linux: https://mega.co.nz/#!HAVCDJLA!vrr9EVVH1i2lQLmawB6fX2HUJp3yqxC6XNu018Mk9tE
Source: https://mega.co.nz/#!CBFTCL6A!WOjSA7FGLLz0InlYXZBCzXdG6v063adSsY_IZQt9Rbo
Github: https://github.com/nokat/bitbean
This is a backwards compatible update. You don't have to update and you don't have to resync when updating. Just close old wallet and open the new wallet instead and it should work fine.
Changelog:
Added checkpoint at block 11111
Change ticker from BEANS to BITB
Change splash image and about image
February 17, 2015, 03:09:14 PM
New wallet:
Windows: https://mega.co.nz/#!zR0UADxC!U5SABNbX5BfnoSMcaoxecj23hct8REIhz2CYRJlg27g
Linux: https://mega.co.nz/#!HAVCDJLA!vrr9EVVH1i2lQLmawB6fX2HUJp3yqxC6XNu018Mk9tE
Source: https://mega.co.nz/#!CBFTCL6A!WOjSA7FGLLz0InlYXZBCzXdG6v063adSsY_IZQt9Rbo
Github: https://github.com/nokat/bitbean
This is a backwards compatible update. You don't have to update and you don't have to resync when updating. Just close old wallet and open the new wallet instead and it should work fine.
Changelog:
Added checkpoint at block 11111
Change ticker from BEANS to BITB
Change splash image and about image
Windows: https://mega.co.nz/#!zR0UADxC!U5SABNbX5BfnoSMcaoxecj23hct8REIhz2CYRJlg27g
Linux: https://mega.co.nz/#!HAVCDJLA!vrr9EVVH1i2lQLmawB6fX2HUJp3yqxC6XNu018Mk9tE
Source: https://mega.co.nz/#!CBFTCL6A!WOjSA7FGLLz0InlYXZBCzXdG6v063adSsY_IZQt9Rbo
Github: https://github.com/nokat/bitbean
This is a backwards compatible update. You don't have to update and you don't have to resync when updating. Just close old wallet and open the new wallet instead and it should work fine.
Changelog:
Added checkpoint at block 11111
Change ticker from BEANS to BITB
Change splash image and about image
February 17, 2015, 03:08:41 PM
also market volume was like 15% of current at that time meaning, fewer coins were sold at those prices. so the total amt of coins sold at those prices was lower than current supply. i doubt a huige percent was sold at that price
What about that extreme sell pressure? The rocket to moon will require nuclear bomb to move at least to earth orbit.
February 17, 2015, 03:03:31 PM
also market volume was like 15% of current at that time meaning, fewer coins were sold at those prices. so the total amt of coins sold at those prices was lower than current supply. i doubt a huige percent was sold at that price
February 17, 2015, 02:58:53 PM
24hr Low -> 0.00000009
24hr High -> 0.00000030
This means for me only one thing, some very nic dump soon. People who bought just few hours ago for 9 SAT will have big temptation to sell with 200-300% profit now.
24hr High -> 0.00000030
This means for me only one thing, some very nic dump soon. People who bought just few hours ago for 9 SAT will have big temptation to sell with 200-300% profit now.
Those 9 Sat buys occured about 24 hours ago, so those people might already have sold their coins with 200-300% profit
. February 17, 2015, 02:55:14 PM
24hr Low -> 0.00000009
24hr High -> 0.00000030
This means for me only one thing, some very nic dump soon. People who bought just few hours ago for 9 SAT will have big temptation to sell with 200-300% profit now.
24hr High -> 0.00000030
This means for me only one thing, some very nic dump soon. People who bought just few hours ago for 9 SAT will have big temptation to sell with 200-300% profit now.
February 17, 2015, 02:48:38 PM
I'm not able to stake my coins. Can anybody help me?
I transfered my coins to the wallet. Waited for the 110 confirmations unlocked my wallet but nothing. It still says Not staking because you don't have mature coins.
Any idea?
You're doing everything right, you just have to keep the coins in the wallet for 6 hours to mature for staking, not 110 confirmations. 110 confirmations is for newly minted blocks to become spendable. Hope that helped!I transfered my coins to the wallet. Waited for the 110 confirmations unlocked my wallet but nothing. It still says Not staking because you don't have mature coins.
Any idea?
I'll wait 6 hours than.
Thanks for your reply.
Have you created the config file in the roaming folder?
February 17, 2015, 02:48:20 PM
I'm not able to stake my coins. Can anybody help me?
I transfered my coins to the wallet. Waited for the 110 confirmations unlocked my wallet but nothing. It still says Not staking because you don't have mature coins.
Any idea?
You're doing everything right, you just have to keep the coins in the wallet for 6 hours to mature for staking, not 110 confirmations. 110 confirmations is for newly minted blocks to become spendable. Hope that helped!I transfered my coins to the wallet. Waited for the 110 confirmations unlocked my wallet but nothing. It still says Not staking because you don't have mature coins.
Any idea?
I'll wait 6 hours than.
Thanks for your reply.
February 17, 2015, 02:38:34 PM
I'm not able to stake my coins. Can anybody help me?
I transfered my coins to the wallet. Waited for the 110 confirmations unlocked my wallet but nothing. It still says Not staking because you don't have mature coins.
Any idea?
You're doing everything right, you just have to keep the coins in the wallet for 6 hours to mature for staking, not 110 confirmations. 110 confirmations is for newly minted blocks to become spendable. Hope that helped!I transfered my coins to the wallet. Waited for the 110 confirmations unlocked my wallet but nothing. It still says Not staking because you don't have mature coins.
Any idea?
I'll wait 6 hours than.
Thanks for your reply.
February 17, 2015, 02:16:57 PM
marketcap around 140 btc now.. x5 to hit top 100 on CmC and on around place 50 its around x10..so easy profit if u buy now
100sat minimum hope for 300-400 min
100sat minimum hope for 300-400 min
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