Topic: [ANN] [CHC] Chaincoin - Network Upgrade 16.1 - SegWit Activated - page 126. (Read 321638 times)

seems like this rising not spontaneously, and done for a specific purpose, to make money

Sadly, true.

Is this project in anyway related to this company?
https://chain.com/

If it isn't, then dam that is some good free marketing.

"As long as everyone HODL and doesn't act selfishly, we all win."

1. People will act selfishly. You must remember that people aren't joining this to help others... They are joining this to make themselves some extra money.
2. We don't all win. That's nonsense. After a certain milestone has been reached, everyone will sell. And if everyone sells, that means the price goes down. That also means that the last ones to buy before the big dump will be losing a lot of money!
3. No one knows when the dump is going to come. It could be at $5 already.. or at $10. It could just aswell last till $100, but I'd highly doubt that.

It's a good idea, but it's not waterproof.

Regards,
Trump

FR2020 be sure to do this:

tail -F ~/.chaincoin/debug.log

So you can see the latest messages.  You may find clues as to what is wrong (maybe nothing).  If you reboot your OS, you will have to execute:

chaincoind -daemon

Again to start the daemon.  

One thing that I've proven is you can copy your wallet.dat file to a different operating system, say for example Windows, then use that with Chaincoin-QT (the Windows client program).  Voila!  You'll have access to your Chaincoins.  See my prior posts on this forum about how to do that.

Is there a reason you didnt set up a Raspberry Pi masternode? (Just asking)

I started one master node through AMAZON AWS and was working for two days (10 coins given)  then suddenly stopped. I am not able to figure out the problem and able to start again. I am trying through chaincoind masternode start command but not working and no message is coming. Now I have to give this comand as Start chaincoind "chaincoind --daemon to start again or any thing else. How I can also recover my wallet and chain coins at this stage when not working.

What are you using to Hash? CPU GPU? What is your hashrate? I have a Asus RX 480 8GB oc and i am only getting 6-7MH/s
I am going to look at setting up my Zcash mining rig(2 MSI 1070 8GB's) tonight and see what it hashes at.

In a week my masternodes bring me an extra monthly salary.
Then imagine in a month. It is concrete. Everyone wins.

Shalafi, thanks for the correction, I see that you're right about this being a fork of zetacoin.  I was tricked by the "About Chaincoin Core" box where they show the copyright giving credit to Dash Core Developers. 

Actually chaincoin is a fork of zetacoin. Chaincoin was the first to use 11 hashing algos chained together. Dashes x11 is similar to chaincoins c11 the hashes are just in different order.

Now i regrad selling my masternode for 70 dollar... damn

I think that if the price is $100, then everyone with a masternode is going to think twice before selling, because the masternodes will be generating boatloads of cash.  This will keep a lot of coins locked up.  So in theory you'll see a much more controlled distribution instead of a crash.

I am too but my hashrate on suprnova is basically half of what my reported hashrate is.  Anyone have better luck at Yiimpy?

Some people can not wait and HOLD. They want to cash while they can. In theory it is possible to reach the mentioned $100,- if everybody HOLDS and does not DUMP before $100,-. Coin value is going up exponential, but the question is: what happens when the mentioned 100 dollars wil be reached. Will everbody want to DUMP all at the same time? Resulting in the coinvalue to take a massive dive and some people getting the full profits and some don't...

It is tricky.

It's happening at the moment.

I am using Supernova

I know everyone is shell-shocked because that is the standard pattern: pump-and-dump.  But this is the new paradigm: pump-and-HODL.  If you think about it, there isn't any reason that this can't work.  Together we'll keep the coins scarce, everyone wins.  This is like the Prisoner's Dilemma in game theory.  As long as everyone HODL and doesn't act selfishly, we all win.

so guys.

Suprnova or Yiimpy?  Which one is more reliable pool to mine on?

I have two nodes both on Amazon AWS, they're both t2.nano which is tantamount to renting Raspberry Pis from Amazon.  I know I can combine them, but they're inexpensive, so I'm putting off the configuration hassles to combine them. 

One tip that may seem obvious to everyone, Chaincoin is a DASH fork, so you can get a lot of helpful information by looking at DASH-related posts.

Oh BTW another tip: so I have two AWS t2.nano instances running Chaincoin daemon on Ubuntu 16.04, so it dawned on me that I want to copy the wallet.dat files to ensure that my coins are safe.  So, I've copied both wallet.dat files to my Windows machine.  Then it dawned on me: I installed Chaincoin-QT (Windows client) using the copied wallet.dat files, and voila!  I can monitor the masternode earnings from Windows without having to SSH into the t2.nano instances.

To make this easier, I have two windows shortcuts, one for each wallet file.  You can specify which wallet.dat file to use with the -wallet command line parameter (e.g., F:\Chaincoin\chaincoin-0.9.2.4-win64\chaincoin-qt.exe -wallet=chaincoin2.dat)

This exemplifies one of the big misnomers in Bitcoin: they should not have called it wallet.dat, because that implies that the wallet carries balances.  IMHO they should have called it keyring.dat, because it really holds the private keys (the blockchain carries the balances).  So what I'm doing here is copying my keyrings to my Windows machine.