Topic: [ANN] [COINO] KGW ACTIVATED - WALLET UPDATE ▬► COINO -(O)- ◄▬ The fastest Coin - page 129. (Read 233807 times)

I'm holding on for it to drop a little more before buying 

yes its a very good time to buy atm. Price will go up after coino hits a major exchange

such a good gift
http://s27.postimg.org/nqfcg5zhv/mancoino.jpg

UNBjZRuz1BFnB5tAFewFQUsqCU9fF4iott

Getting many inquiries for interviews.
Thanks everybody for suppporting us!

Dont forget our giveaways at www.coinoforum.com

Price dipped a little on coinmarket.io
Thank you dumpers! going to be stocking up

lol
its just awesome how many people supporting coino and loving it. coino will have a huge success in the next months and years!!!

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Say thanks to some dumpers ...

they are cheap now on coinmarket. I just bought a bunch at 16.

its growing so fast... I cannot believe. At first I thought, just another coin, but so many people are interested

image giving away is going on? I've n't received(
edit: thanks

I wtb COINO for 10LTC.

I will send the coins over to NZ with lightning speed if you do whoop whoop. Hopefully though some new members can get in on this too so we all can share in faster blocks.

I'm in New Zealand so I am one of the of the miners NOT sleeping at the moment and if I find a block in the next 3 hours I am going to whoop whoop whoop

Things are starting to pick up over here at con.poolers.org , now would be a good time try it out if you haven't.  We got a pretty good flow of blocks coming in but it could still be a lot faster.  At least its minutes instead of hours now between blocks. 

Lets have a little fun and offer some incentive to get some more hash real quick.  5 CON bonus for each block found in the next 3 hours.  Come on over guys, the people mining over here right now probably set their miners and went to bed. Don't let them win this in their sleep

And super double seriously, when we hit the hashrate marks I mentioned before, I'm going to start giving away Xbox, video game, radeon card type prizes.  I'm ready, just waiting on you guys. 

Exactly... This is why I say that as of "today" you need to be VERY careful and consider ALL the pitfalls associated with web-wallets.

I expect the scenario, especially in the short term, will be for people to use a web-wallet much like they currently do with cash. Only put in enough coin for your immediate needs from your offline-wallet (you personal bank).

Online wallets are convenient but you really have to trust the holder of your coins.  One downside of an unregulated currency is that its not insured.  If an online wallet gets robbed or the site operator disappears you are out of luck.

I agree, in principal... The problem is that as of today web wallets are still considered not safe!! Many exchanges and pools advise you not to store large amounts in their wallets as a safety measure.

Also, the development I am working on does not preclude the development and use of web-wallets, it just means that each wallet, online or offline, does not need to hold the entire blockchain, just the headers. This makes the initial wallet sync much much faster as the headers can be fetched relatively quickly. The main headache for users setting up a wallet for the first time is generally the initial sync period, which can literally take days. The same goes for people that keep a wallet on a devices that is not constantly online. In this case it can still take hours to sync the wallet again depending on how long the wallet was off line.

Retrieving the headers only is very quick and querying an online server for blockchain information is also pretty fast.

Another potential for this could be in the use of multi-coin wallets where the wallet can be configured to communicate with one or more online servers, each of which holds a blockchain for a different coin. Further down the road you could envision being able to connect to one or more exchanges from these wallets and have effective inter-wallet coin transfers. Obviously this would not be instantaneous as the transactions would still need to go through the relevant exchanges.

The obvious advantage of a web-wallet is the ability to have multiple front ends on multiple devices all connected to the same wallet over a REST API thus giving you access to your coins from virtually anywhere.

I do believe the future of cryptocoin usage (once it goes mainstream) will utilize online wallets, it just seems the overall safer way of storage. But what I know for sure is our current understanding of & the way we use currency will change significantly over the next few years.

I am also looking at forking litecoinj (an existing fork of bitcoinj for scrypt) at the moment to enable the building of 'light' wallets on ANY device. Basically a 'light' wallet does not need to download the entire blockchain and only needs to store the headers. A 'light' wallet queries online servers that hold the blockchain to update its headers and query the blockchain

This also means your wallets are NOT stored online with the associated security risks