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Topic: [ANN] ERMIS (ERM) WALLET RELEASED |The Merchant Coin| Proof of Investment | - page 5. (Read 114459 times)

legendary
Activity: 2954
Merit: 1153

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
hero member
Activity: 1008
Merit: 500

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
legendary
Activity: 2954
Merit: 1153

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.
hero member
Activity: 1008
Merit: 500

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.
legendary
Activity: 2954
Merit: 1153

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.
hero member
Activity: 1008
Merit: 500

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.
legendary
Activity: 2954
Merit: 1153
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.
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
legendary
Activity: 1764
Merit: 1000
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.  


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! Smiley
legendary
Activity: 2954
Merit: 1153
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.  


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
legendary
Activity: 1358
Merit: 1016
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.
hero member
Activity: 504
Merit: 500
Bitcoin is getting bigcoin
STIILL BUYING SMALL AMOUNTS
legendary
Activity: 2954
Merit: 1153
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 Smiley
legendary
Activity: 1764
Merit: 1000
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
hero member
Activity: 784
Merit: 500
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?
hero member
Activity: 812
Merit: 1000
www.gamebet.gg
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.
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
newbie
Activity: 71
Merit: 0
Hi guys, i have only 2 active connections to network in wallet, can i do anything?
legendary
Activity: 1764
Merit: 1000
Hi, any updates on the plans for ERMIS?
legendary
Activity: 1358
Merit: 1016
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!
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