[ANN] ERMIS (ERM) WALLET RELEASED |The Merchant Coin| Proof of Investment | - page 5.

lionheart78

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Activity: 2954

Merit: 1153

Quote from: mauriek on February 02, 2015, 10:19:01 PM

Quote from: lionheart78 on February 02, 2015, 10:02:18 PM

Quote from: mauriek on February 02, 2015, 08:20:20 PM

Quote from: lionheart78 on February 02, 2015, 11:01:39 AM

coins minimum coin age is 2 hours while the maximum age is 30 days, basically staking takes place during that time, it already staked once but turned out as orphan, anyway don't worry as stated here..

Quote

... Furthermore, the higher the coin age the more staking bonus you will get. So in the case of an orphaned PoS block, you will not "lose" anything because you will be compensated for the extra time the block took to mature.

I'm not worry, i just curious why my wallet are not staking even if i keep it open for few days while other PoS coins i own stake daily.

it is due to the coin age from 2 hours to 30 days maturity, it means it may take you as short as 2 hours or as long as 30 days to mint a block and produce a stake.

The problem is, i have receive the coin from ICO, and the transaction is showing in my wallet (Transaction ID: b66b27231971e870526390b2a4bd9941f8c71e445d6305c95e2ddf644c5ae17f), i haven't touch it and recently i want to test the send function or coin control feature, but i found out i can't do anything with the balance, i can't send it to another wallet or move it to exchange wallet, My wallet balance show 0.00 ERM while the received transaction from IPO show in recent transaction.

I suspect that is why my ERM never reach mature age.

try to open the console from the debug window and type the repairwallet command then restart you wallet, see if it fix your balance

mauriek

hero member

Activity: 1008

Merit: 500

Quote from: lionheart78 on February 02, 2015, 10:02:18 PM

Quote from: mauriek on February 02, 2015, 08:20:20 PM

Quote from: lionheart78 on February 02, 2015, 11:01:39 AM

coins minimum coin age is 2 hours while the maximum age is 30 days, basically staking takes place during that time, it already staked once but turned out as orphan, anyway don't worry as stated here..

Quote

... Furthermore, the higher the coin age the more staking bonus you will get. So in the case of an orphaned PoS block, you will not "lose" anything because you will be compensated for the extra time the block took to mature.

I'm not worry, i just curious why my wallet are not staking even if i keep it open for few days while other PoS coins i own stake daily.

it is due to the coin age from 2 hours to 30 days maturity, it means it may take you as short as 2 hours or as long as 30 days to mint a block and produce a stake.

The problem is, i have receive the coin from ICO, and the transaction is showing in my wallet (Transaction ID: b66b27231971e870526390b2a4bd9941f8c71e445d6305c95e2ddf644c5ae17f), i haven't touch it and recently i want to test the send function or coin control feature, but i found out i can't do anything with the balance, i can't send it to another wallet or move it to exchange wallet, My wallet balance show 0.00 ERM while the received transaction from IPO show in recent transaction.

I suspect that is why my ERM never reach mature age.

http://i1122.photobucket.com/albums/l529/Mauriek_Putranta/ermwallet_zps23ecc29a.jpg

lionheart78

legendary

Activity: 2954

Merit: 1153

Quote from: mauriek on February 02, 2015, 08:20:20 PM

Quote from: lionheart78 on February 02, 2015, 11:01:39 AM

coins minimum coin age is 2 hours while the maximum age is 30 days, basically staking takes place during that time, it already staked once but turned out as orphan, anyway don't worry as stated here..

Quote

... Furthermore, the higher the coin age the more staking bonus you will get. So in the case of an orphaned PoS block, you will not "lose" anything because you will be compensated for the extra time the block took to mature.

I'm not worry, i just curious why my wallet are not staking even if i keep it open for few days while other PoS coins i own stake daily.

it is due to the coin age from 2 hours to 30 days maturity, it means it may take you as short as 2 hours or as long as 30 days to mint a block and produce a stake.

mauriek

hero member

Activity: 1008

Merit: 500

Quote from: lionheart78 on February 02, 2015, 11:01:39 AM

coins minimum coin age is 2 hours while the maximum age is 30 days, basically staking takes place during that time, it already staked once but turned out as orphan, anyway don't worry as stated here..

Quote

... Furthermore, the higher the coin age the more staking bonus you will get. So in the case of an orphaned PoS block, you will not "lose" anything because you will be compensated for the extra time the block took to mature.

I'm not worry, i just curious why my wallet are not staking even if i keep it open for few days while other PoS coins i own stake daily.

lionheart78

legendary

Activity: 2954

Merit: 1153

Quote from: mauriek on February 02, 2015, 10:48:36 AM

Quote from: lionheart78 on February 02, 2015, 09:38:33 AM

hey mauriek, ERM is using http://www.multifaucet.tk/index.php?blockexplorer=ERM as block explorer,
and staking already started months ago,

about the unconfirmed status, it was an orphan block.

I think my wallet are not staking, i left it open for few days still no mature coins.

coins minimum coin age is 2 hours while the maximum age is 30 days, basically staking takes place during that time, it already staked once but turned out as orphan, anyway don't worry as stated here..

Quote

... Furthermore, the higher the coin age the more staking bonus you will get. So in the case of an orphaned PoS block, you will not "lose" anything because you will be compensated for the extra time the block took to mature.

mauriek

hero member

Activity: 1008

Merit: 500

Quote from: lionheart78 on February 02, 2015, 09:38:33 AM

hey mauriek, ERM is using http://www.multifaucet.tk/index.php?blockexplorer=ERM as block explorer,
and staking already started months ago,

about the unconfirmed status, it was an orphan block.

I think my wallet are not staking, i left it open for few days still no mature coins.

lionheart78

legendary

Activity: 2954

Merit: 1153

Quote from: mauriek on February 01, 2015, 10:07:57 PM

Hi guys..

price seem stable so far, still low volume but look good, i have few question..
Do ERM already have block explorer?
and when the wallet start the staking?

also i got few unconfirmed transaction in my wallet, can somebody explain this:

Quote

Status: 0/unconfirmed
Date: 21-Dec-14 09:44
Debit: 0.00 ERM
Net amount: -366401.00 ERM
Transaction ID: e43567940a8126e1cdd118cd6c16a8da5adb9007d9fbba7e006be09c229e4a89

Generated coins must mature 50 blocks before they can be spent. When you generated this block, it was broadcast to the network to be added to the block chain. If it fails to get into the chain, its state will change to "not accepted" and it won't be spendable. This may occasionally happen if another node generates a block within a few seconds of yours.

Thanks

hey mauriek, ERM is using http://www.multifaucet.tk/index.php?blockexplorer=ERM as block explorer,
and staking already started months ago,

about the unconfirmed status, it was an orphan block.

Quote

Proof of Stake
When an orphan block occurs via proof of stake mining, it is because another block of coin staked at the same time and the blockchain accepted the other block's stake rather than your stake. The PoS transaction in the QT client will show 0 confirmations, and only exists in your own client and is not recorded to the blockchain. If you get an orphan, simply keep your wallet as is and your coin block will remain in the pool of blocks competing for stake, you did not lose any coin age that has accumulated.

mauriek

hero member

Activity: 1008

Merit: 500

Hi guys..

price seem stable so far, still low volume but look good, i have few question..
Do ERM already have block explorer?
and when the wallet start the staking?

also i got few unconfirmed transaction in my wallet, can somebody explain this:

Quote

Status: 0/unconfirmed
Date: 21-Dec-14 09:44
Debit: 0.00 ERM
Net amount: -366401.00 ERM
Transaction ID: e43567940a8126e1cdd118cd6c16a8da5adb9007d9fbba7e006be09c229e4a89

Generated coins must mature 50 blocks before they can be spent. When you generated this block, it was broadcast to the network to be added to the block chain. If it fails to get into the chain, its state will change to "not accepted" and it won't be spendable. This may occasionally happen if another node generates a block within a few seconds of yours.

Thanks

bitwarrior

legendary

Activity: 1764

Merit: 1000

Quote from: lionheart78 on February 01, 2015, 04:50:58 AM

Quote from: meccoin4me on January 30, 2015, 04:47:40 PM

STIILL BUYING SMALL AMOUNTS

that is good, we have a good plan on this stuff it's that SEC is slowing us down, they rejected the name we used and suggested other name (reason name might be confused with other company)but we are fixing this stuff.

Quote from: rjclarke2000 on January 31, 2015, 04:34:19 AM

Good idea. I hope by the summer this coin will be established once the team have had some success with the projects they are working on.

no worries we are working our best here to meet the time frame and hopefully we can meet them. Cheesy

Great to hear that ERMIS is still moving forward inspite of some bumps and hiccups on the way!

lionheart78

legendary

Activity: 2954

Merit: 1153

Quote from: meccoin4me on January 30, 2015, 04:47:40 PM

STIILL BUYING SMALL AMOUNTS

that is good, we have a good plan on this stuff it's that SEC is slowing us down, they rejected the name we used and suggested other name (reason name might be confused with other company)but we are fixing this stuff.

Quote from: rjclarke2000 on January 31, 2015, 04:34:19 AM

Good idea. I hope by the summer this coin will be established once the team have had some success with the projects they are working on.

no worries we are working our best here to meet the time frame and hopefully we can meet them. Cheesy

rjclarke2000

legendary

Activity: 1358

Merit: 1016

Quote from: meccoin4me on January 30, 2015, 04:47:40 PM

STIILL BUYING SMALL AMOUNTS

Good idea. I hope by the summer this coin will be established once the team have had some success with the projects they are working on.

meccoin4me

hero member

Activity: 504

Merit: 500

Bitcoin is getting bigcoin

STIILL BUYING SMALL AMOUNTS

lionheart78

legendary

Activity: 2954

Merit: 1153

Quote from: bitwarrior on January 25, 2015, 07:45:13 PM

Quote from: mcjavar on January 24, 2015, 07:13:07 PM

Quote from: DailyModo on January 21, 2015, 08:40:37 AM

Quote from: bitwarrior on January 20, 2015, 08:58:25 PM

Hi, any updates on the plans for ERMIS?

We are working on a few projects, but the next step is about getting Ermis licensed.

We know most people likes to have daily updates but this will just create useless hype if we do so.

The market is doing well and pretty stable right now.

PS: Please excuse us if there is any kind of delay, we will try avoiding the delays from the roadmap as much as possible and we assure you, we are working to make things work.

No problem guys, do what needs to be done.

What do you mean by "licensing" ERM?

Yes, maybe someone from the team can expound this term for us. Thanks

Basically when we said "license" it definitely talks about the the businesses / company that will back up ERM value, having it registered under SEC, will make ERM company trades legal, digging deeper on its by-laws (which is under discussion on how we can declare ERM as either form of currency / voucher / token and can be used for buying ERM goods) ERM will definitely tackled, and due to the nature of cryptocurrency, only the company that utilizes it can be regulated or be registered. Hope this answers the question

bitwarrior

legendary

Activity: 1764

Merit: 1000

Quote from: mcjavar on January 24, 2015, 07:13:07 PM

Quote from: DailyModo on January 21, 2015, 08:40:37 AM

Quote from: bitwarrior on January 20, 2015, 08:58:25 PM

Hi, any updates on the plans for ERMIS?

We are working on a few projects, but the next step is about getting Ermis licensed.

We know most people likes to have daily updates but this will just create useless hype if we do so.

The market is doing well and pretty stable right now.

PS: Please excuse us if there is any kind of delay, we will try avoiding the delays from the roadmap as much as possible and we assure you, we are working to make things work.

No problem guys, do what needs to be done.

What do you mean by "licensing" ERM?

Yes, maybe someone from the team can expound this term for us. Thanks

mcjavar

hero member

Activity: 784

Merit: 500

Quote from: DailyModo on January 21, 2015, 08:40:37 AM

Quote from: bitwarrior on January 20, 2015, 08:58:25 PM

Hi, any updates on the plans for ERMIS?

We are working on a few projects, but the next step is about getting Ermis licensed.

We know most people likes to have daily updates but this will just create useless hype if we do so.

The market is doing well and pretty stable right now.

PS: Please excuse us if there is any kind of delay, we will try avoiding the delays from the roadmap as much as possible and we assure you, we are working to make things work.

No problem guys, do what needs to be done.

What do you mean by "licensing" ERM?

DailyModo

hero member

Activity: 812

Merit: 1000

www.gamebet.gg

Quote from: bitwarrior on January 20, 2015, 08:58:25 PM

Hi, any updates on the plans for ERMIS?

We are working on a few projects, but the next step is about getting Ermis licensed.

We know most people likes to have daily updates but this will just create useless hype if we do so.

The market is doing well and pretty stable right now.

PS: Please excuse us if there is any kind of delay, we will try avoiding the delays from the roadmap as much as possible and we assure you, we are working to make things work.

rjclarke2000

legendary

Activity: 1358

Merit: 1016

I believe the next real update will be February when ERM is licensed. Once the coin has been licensed and the projects take hold shortly after then the team can promote a coin will real purpose rather then just another coin to trade.

I am sure Ed or DailyModo will correct me here if I am wrong!

Russell

Ruffyyyy

newbie

Activity: 71

Merit: 0

Hi guys, i have only 2 active connections to network in wallet, can i do anything?

bitwarrior

legendary

Activity: 1764

Merit: 1000

Hi, any updates on the plans for ERMIS?

rjclarke2000

legendary

Activity: 1358

Merit: 1016

Quote from: mirador17 on January 19, 2015, 06:11:21 AM

Quote from: meccoin4me on January 17, 2015, 08:43:40 AM

i am still buying while price is low

Can't buy more. Running out of btc. Grin

This time next year when ERM is $1 you'd wished you'd bought more!

Topic: [ANN] ERMIS (ERM) WALLET RELEASED |The Merchant Coin| Proof of Investment | - page 5. (Read 114481 times)