[ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 227.

RJF

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Online since '89...

Quote from: cryptomommy on August 02, 2014, 01:23:11 PM

Quote from: coolbeans94 on August 02, 2014, 11:43:09 AM

If the premine is no more, then why are we still advertising it like it still exists on the front page of this forum, Reddit, etc. I think we need to either get rid of it, or explain how/why there is no more premine.

Ill try to get everything updated in the am

Greetings!

New here in the MintCoin world and I have a few questions:

Is the coin total POS at this point?
If so, is there a MultiPool?
Is the info in the OP correct?
What happened to the original team/coin/etc?

Thanks in advance, on a smartphone so it would be a nightmare to read through all the posts to find out... Sorry!

cryptomommy

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Activity: 425

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Quote from: coolbeans94 on August 02, 2014, 11:43:09 AM

If the premine is no more, then why are we still advertising it like it still exists on the front page of this forum, Reddit, etc. I think we need to either get rid of it, or explain how/why there is no more premine.

Ill try to get everything updated in the am

DougB62

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Activity: 672

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Banned: For Your Protection

Quote from: TookDk on August 02, 2014, 01:04:25 PM

Quote from: cryptomommy on August 02, 2014, 09:41:03 AM

http://mint.blockexplorer.cc/chain/MintCoin
We are up

Please read and pass around this update:
http://mintcoin.cc/business-needs-donation-requests/

We need to raise .05 per month in btc to keep this service up while our community development team builds a long-term solution.

Donation send.
I send 1/10 of the month operation fees. Just 9 more minter's need to do the same.

tx id: 275396f76d39303cbd661b220e9b5db4227aee5bddea5756d2018f88242bc85a

Same here. (Edit: .01)

tx id: bd72bf0e7017addf0b4c316286d60d17f0a95709d04883210feb7146470eb47a

TookDk

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One coin to rule them all

Quote from: cryptomommy on August 02, 2014, 09:41:03 AM

http://mint.blockexplorer.cc/chain/MintCoin
We are up

Please read and pass around this update:
http://mintcoin.cc/business-needs-donation-requests/

We need to raise .05 per month in btc to keep this service up while our community development team builds a long-term solution.

Donation send.
I send 1/10 of the month operation fees. Just 9 more minter's need to do the same.

tx id: 275396f76d39303cbd661b220e9b5db4227aee5bddea5756d2018f88242bc85a

coolbeans94

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Activity: 613

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Mintcoin: Get some

If the premine is no more, then why are we still advertising it like it still exists on the front page of this forum, Reddit, etc. I think we need to either get rid of it, or explain how/why there is no more premine.

MarSas

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Activity: 574

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I just checked my address on the explorer.

Result: I'm sorry, this address has too many records to display.

cryptomommy

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Activity: 425

Merit: 250

http://mint.blockexplorer.cc/chain/MintCoin
We are up

Please read and pass around this update:
http://mintcoin.cc/business-needs-donation-requests/

We need to raise .05 per month in btc to keep this service up while our community development team builds a long-term solution.

DougB62

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Activity: 672

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Banned: For Your Protection

Quote from: Crestington on August 01, 2014, 11:07:34 PM

Just a quick little survey,

How long does the average Mintcoiner keep their coins in their wallet for before spending anything?

Well I've had mine since Feb 24th, but I'm probably not average, and I started late. Grin

Crestington

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Just a quick little survey,

How long does the average Mintcoiner keep their coins in their wallet for before spending anything?

cryptomommy

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Activity: 425

Merit: 250

Quote from: coolbeans94 on August 01, 2014, 08:27:47 PM

Both Block Explorers are not working... please fix!!! Undecided

http://mint.blockx.info/get/chain/MintCoin
Saying the last block is from over 1 day 3 hours ago!!!??? I know this is not right, as I minted some new coins just even today.

http://mint.blockexplorer.cc/
Nothing at all.

We really need to make have reliable block explorers a priority.

I am trying to do a financial analysis of the coin, and I can't do it when the information about the network is no good.

Also, having an un-updated block explorer also understates other websites' presentation of Mintcoin's market capitalization.

For example:
http://coinmarketcap.com/ says we only have 19,508,565,921 MINT coins in circulation which is not accurate. We actually have a lot more coins in circulation now. This is significant because it hurts our market cap ranking.

Contacted the admin - he said he turned it back on and it is qued to be picked back up again - it should be 100% by tomorrow - he wanted to renegotiate pricing. We are actively looking for a in-house solution for the community.

coolbeans94

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Activity: 613

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Mintcoin: Get some

Quote from: virtfund on August 01, 2014, 03:59:29 PM

What is special about mintcoin? Why will it fare better than other coins and be adopted? I'm not trying to FUD or anything, I'm looking to invest, and like that the coin has such an active core team, but don't understand why people would prefer it over DRK or any other coin with an active dev team and more features.

Extremely fast 2 minute transaction time. (30x faster than Bitcoin, 7.5x times faster than Litecoin)
Energy efficient. (Orders of magnitude more energy efficient than Bitcoin)
You don't need as much money in order to do POS minting than other coins, which require a lot more in order for you to be able to do POS and get minting rewards.
Good POS rewards. Lots of coins make for cheap price per coin, lot of upside potential. Good risk/reward ratio. Built for scalability.
POS reward - pays the dividend, + also pay the transaction fees to the minter.

PoS Minting is like PoW mining, only the difference is, with POS mining, the Mintcoins themselves are essentially the "mining gear" so there is no added extra cost of having to traditional power consuming mining gear). When you pool lots of coins together, they mint new coins for you over time.

coolbeans94

hero member

Activity: 613

Merit: 500

Mintcoin: Get some

Both Block Explorers are not working... please fix!!! Undecided

http://mint.blockx.info/get/chain/MintCoin
Saying the last block is from over 1 day 3 hours ago!!!??? I know this is not right, as I minted some new coins just even today.

http://mint.blockexplorer.cc/
Nothing at all.

We really need to make have reliable block explorers a priority.

I am trying to do a financial analysis of the coin, and I can't do it when the information about the network is no good.

Also, having an un-updated block explorer also understates other websites' presentation of Mintcoin's market capitalization.

For example:
http://coinmarketcap.com/ says we only have 19,508,565,921 MINT coins in circulation which is not accurate. We actually have a lot more coins in circulation now. This is significant because it hurts our market cap ranking.

TookDk

legendary

Activity: 1960

Merit: 1062

One coin to rule them all

Quote from: Argon18 on August 01, 2014, 05:33:39 PM

Hi ,

Brand new to coins, but I read in some previous announcements, that you were considering changing the coin parameters.
What is the current POS and what are you planning to change it too?
And if you change the POS parameters won't you slow down the speed of the coin?
Thanks in advance for your answers.

If you want to try out a PoS coin, and minting your own coin - then is buying MINT a great time. There is a whole new management and dev team in place, looks very promising (imo).

By the way, it take approximately 20 days for your coins to mature, which means if you transfer MINT to your mint-wallet today, then will it take ~20 days before you can earn the interest your own coins.

cryptomommy

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Activity: 425

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Quote from: Argon18 on August 01, 2014, 05:33:39 PM

Quote from: cryptomommy on August 01, 2014, 04:02:48 PM

Quote from: virtfund on August 01, 2014, 03:59:29 PM

What is special about mintcoin? Why will it fare better than other coins and be adopted? I'm not trying to FUD or anything, I'm looking to invest, and like that the coin has such an active core team, but don't understand why people would prefer it over DRK or any other coin with an active dev team and more features.

Hi!

Mintcoin offers faster transactions than most coins and offers a high PoS rate for people who download the wallet and store their coins offline - We also have filed for Non Profit Organization status for Mintcoin Fund (on top of an active development team) that focuses on earth preservation efforts.

Hope that helps

oh! and its cheap with a nice stable sound floor

Hi ,

Brand new to coins, but I read in some previous announcements, that you were considering changing the coin parameters.
What is the current POS and what are you planning to change it too?
And if you change the POS parameters won't you slow down the speed of the coin?
Thanks in advance for your answers.

Hi Argon,

There was a discussion that was initiated as well as a survey that went around as apart of the Business Plan and Strategy document - as a result we will be making no changes to the coin; however create a economics learning center on the website to better educate new investors on financial terminology directly related to crypto currencies.

PoS variable interests:
   - 1st year: 20%
   - 2nd year: 15%
   - 3rd year: 10%
   - 4th and subsequent years: 5%

Right now we are 6 months into the first year so as long as you download your coins into your mintcoin wallet you will be earning the 20% annual interest in staking rewards on your coins!

TookDk

legendary

Activity: 1960

Merit: 1062

One coin to rule them all

Quote from: Argon18 on August 01, 2014, 05:33:39 PM

Hi ,

Brand new to coins, but I read in some previous announcements, that you were considering changing the coin parameters.
What is the current POS and what are you planning to change it too?
And if you change the POS parameters won't you slow down the speed of the coin?
Thanks in advance for your answers.

It is not decided if or how the spec should be changed, at this point is there an open discussion about it, feel free to share your opinion.

About the "the speed of the coin", if you mean the confirmation time, then have I not heard about any suggestion to change this. The stake reward is independently of the block confirmations.

Argon18

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Activity: 442

Merit: 250

Quote from: cryptomommy on August 01, 2014, 04:02:48 PM

Quote from: virtfund on August 01, 2014, 03:59:29 PM

What is special about mintcoin? Why will it fare better than other coins and be adopted? I'm not trying to FUD or anything, I'm looking to invest, and like that the coin has such an active core team, but don't understand why people would prefer it over DRK or any other coin with an active dev team and more features.

Hi!

Mintcoin offers faster transactions than most coins and offers a high PoS rate for people who download the wallet and store their coins offline - We also have filed for Non Profit Organization status for Mintcoin Fund (on top of an active development team) that focuses on earth preservation efforts.

Hope that helps

oh! and its cheap with a nice stable sound floor

Hi ,

Brand new to coins, but I read in some previous announcements, that you were considering changing the coin parameters.
What is the current POS and what are you planning to change it too?
And if you change the POS parameters won't you slow down the speed of the coin?
Thanks in advance for your answers.

cryptomommy

sr. member

Activity: 425

Merit: 250

Quote from: virtfund on August 01, 2014, 03:59:29 PM

What is special about mintcoin? Why will it fare better than other coins and be adopted? I'm not trying to FUD or anything, I'm looking to invest, and like that the coin has such an active core team, but don't understand why people would prefer it over DRK or any other coin with an active dev team and more features.

Hi!

Mintcoin offers faster transactions than most coins and offers a high PoS rate for people who download the wallet and store their coins offline - We also have filed for Non Profit Organization status for Mintcoin Fund (on top of an active development team) that focuses on earth preservation efforts.

Hope that helps

oh! and its cheap with a nice stable sound floor

virtfund

sr. member

Activity: 672

Merit: 253

What is special about mintcoin? Why will it fare better than other coins and be adopted? I'm not trying to FUD or anything, I'm looking to invest, and like that the coin has such an active core team, but don't understand why people would prefer it over DRK or any other coin with an active dev team and more features.

DougB62

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Activity: 672

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Banned: For Your Protection

Quote from: cryptomommy on August 01, 2014, 01:44:17 PM

- thanks for catching that!

Quick!!! LOL!

We now have a lightning-fast response team at the helm!!! Wink

cryptomommy

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Activity: 425

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Quote from: DougB62 on August 01, 2014, 01:41:51 PM

Someone may want to change the topic to read: - New GitHub

[ANN][MINT] *New* Official Mintcoin Team Announced - New GetHub

(Edit: Not real important, just saw it and... well)

- thanks for catching that!

Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 227. (Read 1369778 times)