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Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 421. (Read 1369778 times)

newbie
Activity: 7
Merit: 0
Mine rarely jumps above 9% since the 1.7 update.
full member
Activity: 230
Merit: 100
The 1.7 wallet uses 27% CPU usage not minting or syncing, my other wallets use about 8% CPU usage. The cpu usage for the mint wallet seems high.

might have something to do with removing PoW, do you have a BC wallet and if so what is it's CPU usage?

I have a Mintcoin ver 1.7 wallet, a BC wallet, a Karpelescoin wallet as well as a EMC2 wallet all opened as well as all the other stuff on this PC and my total CPU usage never goes above 12%.
sr. member
Activity: 364
Merit: 250
The 1.7 wallet uses 27% CPU usage not minting or syncing, my other wallets use about 8% CPU usage. The cpu usage for the mint wallet seems high.

might have something to do with removing PoW, do you have a BC wallet and if so what is it's CPU usage?
hero member
Activity: 770
Merit: 500
The 1.7 wallet uses 27% CPU usage not minting or syncing, my other wallets use about 8% CPU usage. The cpu usage for the mint wallet seems high.
member
Activity: 84
Merit: 10
Me too at last we agree on something!

I am glad to hear it, even though it was not my initial intention  Tongue
newbie
Activity: 56
Merit: 0
When do you guys think Mintcoin will reach $0.01?

Will it be August 01, 2014?

Will it be September 01, 2014?

Will it be December 01, 2014?

Will it be March 01, 2015?

I would love to see it reach this value

Me too at last we agree on something!
full member
Activity: 182
Merit: 100
member
Activity: 84
Merit: 10
When do you guys think Mintcoin will reach $0.01?

Will it be August 01, 2014?

Will it be September 01, 2014?

Will it be December 01, 2014?

Will it be March 01, 2015?

I would love to see it reach this value, but I think probably never ...
sr. member
Activity: 453
Merit: 250
When do you guys think Mintcoin will reach $0.01?

Will it be August 01, 2014?

Will it be September 01, 2014?

Will it be December 01, 2014?

Will it be March 01, 2015?

About 2 years after the Android Wallet is functional.
full member
Activity: 229
Merit: 100
When do you guys think Mintcoin will reach $0.01?

Will it be August 01, 2014?

Will it be September 01, 2014?

Will it be December 01, 2014?

Will it be March 01, 2015?

When will it reach $0.01/6 ?
newbie
Activity: 14
Merit: 0
just wrote this as a PM, maybe this is a better summary;

Quote
Currently I'm just investigating which library would be the best to start development. Scrypt-enabled libraries allow fast start, but they won't guarantee security updates. If such a huge effort will be put into this, I want to be sure that it will be secure and closely following bitcoinj updates even 1-2 years later.

I haven't yet committed to the issue, just intentions and checking feasibility. If I do start the project, I would probably create a fork on github, and have all my changes committed there, and will announce it after it reaches some point (such as ability to sync with first 20 days of mintcoin)

I agree with what your saying since mint is a scrypt based coin we should fork the wallet off another scrypt based coin. That will maintain mainstream updates After reading what you say does make alot of sense to me let me know what repo your thinking of going off. If you need my help in anyway. lemme know i sent you a pm with my email in it.
hero member
Activity: 546
Merit: 500
Well, things seem to be moving along nicely now, there have been a few community contributions added to the bounties since I first posted it. Here's a new breakdown of them:

Here's the outline of the graduated bounties from the Developer:


1: Basic Android Wallet for Phone and Tablets         5,000,000 Mintcoins
2: PoS Coin Minting Feature                                    3,500,000 Mintcoins
3: Battery Management Feature                               1,500,000 Mintcoins



Here's the community donations so far:

stormia donated 200,000 Mintcoins (125,000 for basic wallet 50,000 for Minting Feature 25,000 for Battery Feature)
Jeff Jefferson donated 300,000  Mintcoins (100,000 for basic wallet 150,000 for Minting Feature 50,000 for Battery Feature)


So total bounties so far are:

1: Basic Android Wallet for Phone and Tablets         5,225,000 Mintcoins
2: PoS Coin Minting Feature                                    3,700,000 Mintcoins
3: Battery Management Feature                               1,575,000 Mintcoins


Thanks for the donations so far, and thanks go out to the people that are currently working on the wallet. As more donations come in, and more news of the progress of the wallet is made, I'll post here for everyone to read.



I will still be donating the 250K Mintcoins and just go ahead and divide it how you see fit. Also I think everyone needs to be thinking towards the future in other ways such as working together on marketing strategies. I will donate towards marketing as well because along with the android wallet I believe that will give Mintcoin a huge boost

Since i belive in "what comes around, goes around" ...
I will add 1,000,000 (1 million MINT) from my  wallet to that android wallet bounty. I will personally send coins to dev after i have wallet working on my phone.

This is my thanks to dev and couple of guys who donated to me when i made mac and miniature win wallet.  Cheesy ( i have recieved 360,000 MINT total so far from dev and couple of others)
full member
Activity: 185
Merit: 100
just wrote this as a PM, maybe this is a better summary;

Quote
Currently I'm just investigating which library would be the best to start development. Scrypt-enabled libraries allow fast start, but they won't guarantee security updates. If such a huge effort will be put into this, I want to be sure that it will be secure and closely following bitcoinj updates even 1-2 years later.

I haven't yet committed to the issue, just intentions and checking feasibility. If I do start the project, I would probably create a fork on github, and have all my changes committed there, and will announce it after it reaches some point (such as ability to sync with first 20 days of mintcoin)
full member
Activity: 185
Merit: 100
Here is a little lesson on some issues with building a android wallet
Bitcoin wallet uses spv (simple payment verification)
      a. bitcoinj is a java implementation of this
     b. This allows multiple clients to Download header only files of the block chain.
Currently there is no implementation for pos coins to do this
a. The Blocks that are created threw pos and pow are different and this information is not stored in the block header.

              1. Not sure how this works now that mint is pure pos
            2. the app needs this information to work so this is a large bridge to cross
Hash engineering digitalcoin and digitalcoinj great repo to fork for wallet a. PROS
  1. He implements multiple variables into one class for easy porting of the code

     2. He has not implemented pos coins but he is very interested in the process.
b. Cons
  1. currently pow only
   2. Alot of coding required the cpp to be rewritten in java

AFAIK bitcoinj supports both SPV and being a complete node. It is the mobile wallet applications that choose to be SPV only so that they don't consume precious resources. This is enough to receive coins sent to your address, and you ignore the rest (This includes minted coins in the blockchain if they are minted from another computer, containing a copy of your wallet)

To mint new coins, you have to be able to generate blocks. I think you need the full contents of the last block and also you should have cached transactions that aren't yet in a block. Maybe enabling minting would require using the full fleshed library, redownloading the full blockchain, and maybe would be only possible on high end devices, I cannot tell yet. Currently I'm just looking from verification of broadcast blocks (PoW and PoS) perspective.


github fork of bitcoinj or digibytej
why not fork off hash engineering digitalcoinj he implements alot of stuff into once class for easier porting of coins
Actually I meant digitalcoinj. But I would explain "why not" below.

Yah he is to busy I was just saying he is interested in pos coins for android and his git repo seems like it is easy to fork for other coins why start straight from the bitcoinj because then we also have to figure our how to get the mbtc out. when he has already done most of the work as far as bringing most of the variables to one class like total coins genisis block block size blah blah blah

I don't think converting constants or finding variables would be hard. I too believe using dijitalcoinj has its advantages. I believe the most significant difference between using pure bitcoinj and using any other scrypt-enabled library would be converting PoW part from sha256 to scrypt. The other changes should be pure constants, just find them and replace them.


Now on the other side; my reasoning for wanting to base the library directly on bitcoinj instead of any other coin is because of security aspects and being always up-to-date. Altcoins have a small community compared to bitcoin itself. And main development will always occur on bitcoinj (for PoS, I hope main development will always occur on mintcoinj Smiley ). If we fork from another project which forks from bitcoinj, it means we have to trust the middleman to be always up to date with the latest developments on bitcoinj library. It would be hard to track changes that bitcoinj did and the middleman did not, and find them on bitcoinj and import them directly. If we fork directly from bitcoinj, I believe staying updated will be much easier.


I'm currently checking bitcoinj forks. Dogecoinj seems to be pretty close to bitcoinj, always receiving updates. If converting from sha256 to scrypt would seem hard, maybe an alternative active library may be the way to go.


(For the android UI itself, we can fork from any coin we like, they are built on the same bitcoinj spinoff libraries anyway, it would be pretty easy to convert them to use mintcoinj instead of xxcoinj as its backend)
full member
Activity: 185
Merit: 100

This worked, mintcoin is installed and running, but uses 99% CPU, this is normal?
and also, this question might sound noobish, sorry, its because it is: mintcoind command starts the wallet in the background, but how
do i start the gui?

Thanks in advance
To start the GUI, run mintcoin-qt command

It is probably syncing with the network, that would explain CPU usage. Or it may be minting if you already have coins in your wallet file.
hero member
Activity: 868
Merit: 1000
Here is a little lesson on some issues with building a android wallet
Bitcoin wallet uses spv (simple payment verification)
      a. bitcoinj is a java implementation of this
     b. This allows multiple clients to Download header only files of the block chain.
Currently there is no implementation for pos coins to do this
a. The Blocks that are created threw pos and pow are different and this information is not stored in the block header.

              1. Not sure how this works now that mint is pure pos
            2. the app needs this information to work so this is a large bridge to cross
Hash engineering digitalcoin and digitalcoinj great repo to fork for wallet a. PROS
  1. He implements multiple variables into one class for easy porting of the code

     2. He has not implemented pos coins but he is very interested in the process.
b. Cons
  1. currently pow only
   2. Alot of coding required the cpp to be rewritten in java
I have been combing threw cpp code of mint coin and let me tell you the main.cpp between mint coin and bit coin for pos vs pow coin is very different. This will be a lot of work or maybe very easy work for smart person.
My Views:
Yes there is a nice bounty on wallet but I think we need a small development team I am willing to be a part of. Bounty will be split If the team completes app.
Set up a donation address There are plenty of people who would donate mint to make this happen. It would be a nice incentive for developers to know there getting payed a little bit for work they do. If people donate and developers are contributing they should be tipped as there going along. This will allow more motivation and stronger community support.

I agree. It seems like it will take more than one person and it would be great to have you helping out! I believe paspi and bigchirv have also expressed interest on working on the project. Perhaps you three could begin correspondence with one another?
Community support is very important, any additional motivation we can provide will help accelerate and improve the process. Beaverslayer is coordinating the donations right now, for those of you that are interested in donating at this time send a PM to him for more info.
full member
Activity: 230
Merit: 100
Well, things seem to be moving along nicely now, there have been a few community contributions added to the bounties since I first posted it. Here's a new breakdown of them:

Here's the outline of the graduated bounties from the Developer:


1: Basic Android Wallet for Phone and Tablets         5,000,000 Mintcoins
2: PoS Coin Minting Feature                                    3,500,000 Mintcoins
3: Battery Management Feature                               1,500,000 Mintcoins



Here's the community donations so far:

stormia donated 200,000 Mintcoins (125,000 for basic wallet 50,000 for Minting Feature 25,000 for Battery Feature)
Jeff Jefferson donated 300,000  Mintcoins (100,000 for basic wallet 150,000 for Minting Feature 50,000 for Battery Feature)
moderndezigns donated 250,000 Mintcoins (150,000 or basic wallet 50,000 for Minting Feature and 50,000 for Battery Feature)
WALKEN-COIN donated 100,000 Mintcoins towards the basic wallet
mgburks77 donated 500,000 Mintcoins towards the added features (250,000 for Minting Feature and 250,000 for Battery Feature)


So total bounties so far are:

1: Basic Android Wallet for Phone and Tablets         5,475,000 Mintcoins
2: PoS Coin Minting Feature                                    4,000,000 Mintcoins
3: Battery Management Feature                               1,875,000 Mintcoins


Thanks for the donations so far, and thanks go out to the people that are currently working on the wallet. As more donations come in, and more news of the progress of the wallet is made, I'll post here for everyone to read.


full member
Activity: 210
Merit: 100
When do you guys think Mintcoin will reach $0.01?

Will it be August 01, 2014?

Will it be September 01, 2014?

Will it be December 01, 2014?

Will it be March 01, 2015?

June 01, 2014
full member
Activity: 230
Merit: 100
@Beaverslayer
I'm planning on starting a github fork of bitcoinj or digibytej in the weekend for a base of the android wallet. I think I digged deep enough in the mintcoin C++ codebase to make this conversion. Once the library is done, rest is just UI, and can be forked from any coin wallet.

I'll start the project on github, and will provide write access to the repo for interested parties. I want all the changes of mint from bitcoinj or digibytej to be recorded in github, so it will be easy to merge upstream changes later. (As far as I can see, digibytej started as a brand new project, and uploaded bitcoinj + their changes in a single commit, which makes it hard to keep track of what they changed)

I haven't tested any coin's android wallets myself, if there are differences in look & feel of them, I'll be happy to know.


Still, if anyone already started this, please don't stop development Smiley This message is just FYI, not a commitment yet.

why not fork off hash engineering digitalcoinj he implements alot of stuff into once class for easier porting of coins

I did quite a bit of reading on Hash Engineering last night, and it seems like they are currently involved with 3 to 5 other wallets and are not taking on anything new for the time being.

If they are interested, they are more than welcome to participate the same as the others that have said they will be working on it.

Yah he is to busy I was just saying he is interested in pos coins for android and his git repo seems like it is easy to fork for other coins why start straight from the bitcoinj because then we also have to figure our how to get the mbtc out. when he has already done most of the work as far as bringing most of the variables to one class like total coins genisis block block size blah blah blah. However peercoin does have a fork of the myceluim wallet that interests me. But seems like it is still in heavy development.  Sorry about spelling and grammer mining on this computer and being so slow lol.

Is it possible for you to contact paspi and work with him on whatever it is you posted above? lol...I know what a Genesis Block is and what Peercoin is, but all those other things....nada...I'm sure paspi and you could work all this out.
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