[ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 493.

Kergekoin

hero member

Activity: 546

Merit: 500

Quote from: deadmanwalking on March 27, 2014, 12:23:55 PM

Interesting. Can anyone work out a new time table? How is coin age affected?

Coin age is affected in the same way (acclerated), since it is also based on chain height. So actual minting begins a bit before 20 days of age and coins reach full weight a bit faster than 40 days.

deadmanwalking

full member

Activity: 210

Merit: 100

Quote from: Kergekoin on March 27, 2014, 12:08:40 PM

Guys and girls. I really hate to drop a bomb like this, but sooner or later it will get discussed anyway.
Have you seen block height? Currently we are going on the rate of 1.5 times the daily block count target. For example. Mintcoin with 30sec block target shoud generate 2880 blocks per 24hours. The real result for last 24 hours is about 1.5 times higher. And earlier days are similar.
What it means?
Since all PoW/PoS hybrid coins have interest targets calculated based on nHeight (block number), it means that we will hit the second year interest rate much sooner than 1 year since beginning.

Why this is happening?
Blockchain has more blocks because PoS blocks dont follow original PoW difficulty formula. First 20 days were OK ,because there was no PoS. Since day 20, average daily block rate count has steadily raised.

Remember. This is not only Mintcoin issue. Its an issue of all PoS hybrid coins. Its not harmful in any way, but it just moves all yearly targets a lot closer than written in OP.

Interesting. Can anyone work out a new time table? How is coin age affected?

mgburks77

sr. member

Activity: 364

Merit: 250

Quote from: arandy on March 27, 2014, 07:36:07 AM

Quote from: Alty on March 27, 2014, 07:30:23 AM

Quote from: arandy on March 27, 2014, 07:25:31 AM

I was just thinking of a bit of a stunt I'm willing to do.
Get myself a mint for life tattoo (on the shoulder) Cool

if people are willing sponsor me i will do it.

A few photo's of the tattoo art will definitely make some people see that this community is crazy strong, they will buy in a.s.a.p. Grin

I could set up an escrow account for this with someone people trust.

I'll throw a million in, but you better film the whole thing..... ROFL Cheesy

I'll start on it right away. I'll make sure the escrow won't pay out until the video is released.
If there's a reliable dutch escrow that want's to do this and film himself to vouch for the authenticity of the movie that's cool with me to.

love this idea!

ahbartsch

full member

Activity: 165

Merit: 100

Quote from: Kergekoin on March 27, 2014, 12:08:40 PM

Guys and girls. I really hate to drop a bomb like this, but sooner or later it will get discussed anyway.
Have you seen block height? Currently we are going on the rate of 1.5 times the daily block count target. For example. Mintcoin with 30sec block target shoud generate 2880 blocks per 24hours. The real result for last 24 hours is about 1.5 times higher. And earlier days are similar.
What it means?
Since all PoW/PoS hybrid coins have interest targets calculated based on nHeight (block number), it means that we will hit the second year interest rate much sooner than 1 year since beginning.

Why this is happening?
Blockchain has more blocks because PoS blocks dont follow original PoW difficulty formula. First 20 days were OK ,because there was no PoS. Since day 20, average daily block rate count has steadily raised.

Remember. This is not only Mintcoin issue. Its an issue of all PoS hybrid coins. Its not harmful in any way, but it just moves all yearly targets a lot closer than written in OP.

I have no problem with this. 20% is a high inflation rate. The faster we get to lower inflation the more the coins will theoretically be worth.

Kergekoin

hero member

Activity: 546

Merit: 500

Guys and girls. I really hate to drop a bomb like this, but sooner or later it will get discussed anyway.
Have you seen block height? Currently we are going on the rate of 1.5 times the daily block count target. For example. Mintcoin with 30sec block target shoud generate 2880 blocks per 24hours. The real result for last 24 hours is about 1.5 times higher. And earlier days are similar.
What it means?
Since all PoW/PoS hybrid coins have interest targets calculated based on nHeight (block number), it means that we will hit the second year interest rate much sooner than 1 year since beginning.

Why this is happening?
Blockchain has more blocks because PoS blocks dont follow original PoW difficulty formula. First 20 days were OK ,because there was no PoS. Since day 20, average daily block rate count has steadily raised.

Remember. This is not only Mintcoin issue. Its an issue of all PoS hybrid coins. Its not harmful in any way, but it just moves all yearly targets a lot closer than written in OP.

Alty

hero member

Activity: 714

Merit: 500

RISE Project Manager

Quote from: mintcointeam on March 27, 2014, 11:33:06 AM

Hi everyone,

4 more merchants added today!

Buy custom made teeshirts, geekshirts, hand-made clothing, jewellery and more at Atrapos

Buy harmonic bells, diapasons, and other kind of music accessories at Armoniesonore.com

Buy precious metals in various forms, coins or bullion at Bitcoinmetals.us

Buy custom apparels and more at Coin Press

Good work!

30 merchants accepting MINT now!

omahapoker

hero member

Activity: 868

Merit: 1000

Quote from: okaynow on March 27, 2014, 09:39:35 AM

Custom made teeshirts and hand made art at atrapos::Moolah Market

Sol's Regent,
100% semi-combed cotton,
Taped back neck,
Rib neckline,
Tubular body,
Twin needle stitching,
3M Vinyl cut,
Available sizes: XS, S, M, L, XL, XXL, 3XL

You can PM for your custom teeshirt inquiries here, or at iruniclee[at]gmail
thank you

I like the shirt but i would like a shirt to be white or black where someone who doesn't know what mintcoin turn to his chick and say, "what the F*** is Mintcoin" Wink

crossabdd

legendary

Activity: 1316

Merit: 1145

4 more merchants added today!

Buy custom made teeshirts, geekshirts, hand-made clothing, jewellery and more at Atrapos

Buy harmonic bells, diapasons, and other kind of music accessories at Armoniesonore.com

Buy precious metals in various forms, coins or bullion at Bitcoinmetals.us

Buy custom apparels and more at Coin Press

Damned good! Let's move on!

greentea

legendary

Activity: 1418

Merit: 1002

Quote from: mintcointeam on February 22, 2014, 12:25:52 PM

Coming soon:

A lobby website to boost merchant acceptance.

Here is the idea:

The community agrees on a list of websites/merchants that could potentially accept MintCoin as a payment.
For each merchant, there is meter that community makes growing as a purchase promise (no fake promise please), with a goal to achieve. Something like Kickstarter.
Once the goal is achieved, we contact the merchant, and say: look, we have 10M Mint to spend in your store if you accept MintCoin. So, do that!

Whatever happened to this idea promised from launch??

please give a status on the update ...

bizzargin

sr. member

Activity: 424

Merit: 250

Quote from: ganly on March 27, 2014, 08:12:28 AM

Guys this coin is incredible. But official website is too simple. You will need to hire some webdesigners to help you making website more professional.
Stay calm and keep you fresh.

I like this coin,i think it will be good.

Have to disagree... I really like the website.

mintcointeam

sr. member

Activity: 325

Merit: 250

Hi everyone,

4 more merchants added today!

Buy custom made teeshirts, geekshirts, hand-made clothing, jewellery and more at Atrapos

Buy harmonic bells, diapasons, and other kind of music accessories at Armoniesonore.com

Buy precious metals in various forms, coins or bullion at Bitcoinmetals.us

Buy custom apparels and more at Coin Press

greentea

legendary

Activity: 1418

Merit: 1002

About the foundation, anyone can setup a Mintcoin Foundation, just take the initiative if you feel passionate about it, we could even have more than 1 ... there shouldnt be a central authority.

okaynow

hero member

Activity: 546

Merit: 500

PGP 9CB0902E

Custom made teeshirts and hand made art at atrapos::Moolah Market

Sol's Regent,
100% semi-combed cotton,
Taped back neck,
Rib neckline,
Tubular body,
Twin needle stitching,
3M Vinyl cut,
Available sizes: XS, S, M, L, XL, XXL, 3XL

You can PM for your custom teeshirt inquiries here, or at iruniclee[at]gmail
thank you

lumeire

legendary

Activity: 1848

Merit: 1009

Next-Gen Trade Racing Metaverse

Hi guys,

I've got a new e-commerce store for custom apparel and stuff. Available for purchase using Mintcoins!

Coin Press - Custom Apparel and More - Free Priority Shipping and Tracking - New Designs added every day!

I'm using Moolah for the moment, up until the official storefront is done. Have a look!

KSGuy

sr. member

Activity: 429

Merit: 250

Loving the multipool, picked up another 21k by mining 8 hours, can't wait to see what I got the last 14 hours

dille71

full member

Activity: 210

Merit: 100

If i have multiple addresses in my wallet, can i somehow choose what address to send coins from?

arandy

sr. member

Activity: 336

Merit: 250

Quote from: David Latapie on March 27, 2014, 08:09:56 AM

Quote from: arandy on March 27, 2014, 07:36:07 AM

I'll start on it right away. I'll make sure the escrow won't pay out until the video is released.
If there's a reliable dutch escrow that want's to do this and film himself to vouch for the authenticity of the movie that's cool with me to.

The Intcoin Fund will feature an official escrow (but mint only, not fiat). It is not decided yet if it will be 0% fee of all/most fees going to the Fund.

BTW, if you have any idea regarding this, make sure to say!

0% fees sound awsome. Maybe the mintcrew likes my idea and make this official. As soon as some mint is in the escrow account i'll go out sourcing a decent tattoo shop and get an estimate.

ganly

newbie

Activity: 48

Merit: 0

Guys this coin is incredible. But official website is too simple. You will need to hire some webdesigners to help you making website more professional.
Stay calm and keep you fresh.

I like this coin,i think it will be good.

David Latapie

hero member

Activity: 658

Merit: 503

Monero Core Team

Quote from: arandy on March 27, 2014, 07:36:07 AM

I'll start on it right away. I'll make sure the escrow won't pay out until the video is released.
If there's a reliable dutch escrow that want's to do this and film himself to vouch for the authenticity of the movie that's cool with me to.

The Intcoin Fund will feature an official escrow (but mint only, not fiat). It is not decided yet if it will be 0% fee of all/most fees going to the Fund.

BTW, if you have any idea regarding this, make sure to say!

arandy

sr. member

Activity: 336

Merit: 250

Quote from: Alty on March 27, 2014, 07:30:23 AM

Quote from: arandy on March 27, 2014, 07:25:31 AM

I was just thinking of a bit of a stunt I'm willing to do.
Get myself a mint for life tattoo (on the shoulder) Cool

if people are willing sponsor me i will do it.

A few photo's of the tattoo art will definitely make some people see that this community is crazy strong, they will buy in a.s.a.p. Grin

I could set up an escrow account for this with someone people trust.

I'll throw a million in, but you better film the whole thing..... ROFL Cheesy

I'll start on it right away. I'll make sure the escrow won't pay out until the video is released.
If there's a reliable dutch escrow that want's to do this and film himself to vouch for the authenticity of the movie that's cool with me to.

Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 493. (Read 1369778 times)