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Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 614. (Read 1369778 times)

legendary
Activity: 1498
Merit: 1001
CryptoCurrency EXchange: https://c-cex.com
full member
Activity: 130
Merit: 100
Please give me coin
MnpmsvFQtXooPFhhyWSvnrh4drZdFi5jeW
for mint test))
Thx^^
hero member
Activity: 826
Merit: 1000
see my profile
What about PoS and change addresses?
I hope you took care of that. I do not want to have my 20 days reset whenever I move a small sum out of my wallet.

Change: If I send, there are usually two target addresses involved. Only one of the two amounts is actually moved out of the wallet to the recipient, the other one is going straight back, into a change address in my wallet. So that 2nd sum has left the wallet yes, but only to end up in it again, within seconds. Imagine there is a 1 mio input from which I spend a 7 MINT output - that results in a second 999,993 MINT output, to my change address, so it ends up back in my wallet.

Still, I fear, the 20 days period is reset for both amounts, right?

As your wallet does not yet support "coin control", I cannot even know which of my existing coin piles are touched. With one tx of 10 MINT, I might destroy 20 days of PoS of 20 billion coins. Am I wrong? If not:

Please hardcode that if outgoing and incoming into change addresses happens, the coin age is preserved. Or it that is not consistent, then:

I suggest, that you (a) lower the 20 days, (b) implement coin control.

Implement coin control. Lowering the 20 days is  not a good idea as it is an important aspect of the coin design, security/sustainability.


So basically you want people to hord their mint coins, and not touch them for at least 20 days, to then collect some interest?

You want me to use another currency for my daily usage, and mint just for storing wealth?  
I could only trust that concept, if the price of mint-to-other-currencies were not falling too much. But why wouldn't it fall? Apart from storing wealth, mint seems useless - because as soon as I move some of my coins, the 20 days are reset?

I don't see how all that could be a revolutionary new currency.

I want to be able to send and receive money, buy pizza, exchange for other currencies - and while I am not using my money, I want to collect interest for it - immediately- , and in PoS, use it for helping to secure the network.



minting is exactly analogous to mining

do you find this to be a problem with currency that is mined via PoW? If not then why is it a problem when coins are minted via PoS?

It's an advancement because it eliminates a lot of the energy waste associated with PoW mining

I don't find it a problem at all. If PoS works, and is safe, and is properly implemented, it can advance the whole scene.
But it needs to be understood, too. And properly implemented.
My questions are motivated by my wish to understand mint's concept. 

From your answer, I deduct, that it is really the case, what I suspected in my posting up there.


So please make that clear, preferably directly in the wallet:

DO NOT TOUCH YOUR MINT COINS! 
Otherwise the 20 days are reset; and in the worst case, for ALL of your million coins, even if you only send out 1 MINT.

legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
From experience, coin age resets even if the minted block was orphaned.
newbie
Activity: 59
Merit: 0
My mint wallet has stopped minting since 3/11. I have updated to the current wallet and still nothing. It is unlocked. Any ideas? I found this in the debug log, not sure if it is relevant.

ProcessMessages(version, 101 bytes) : CHECKSUM ERROR nChecksum=f14d14f9 hdr.nChecksum=21f0e818


PROCESSMESSAGE MESSAGESTART NOT FOUND
 Huh

Hmm, sounds like some sort of corruption may be at fault here. Checksum implies that one or more files aren't the size that the program expects them to be. I think it's worth replacing all current Mintcoin files with new ones (except wallet.dat ofc)

Give this a shot:
1. Close down your wallet
2. Backup the wallet.dat file somewhere safe.
3. Delete all Mintcoin files on your PC - the QT.exe folder as well as the data in %appdata%\roaming\Mintcoin\... (assuming you're on Windows)
4. Download a new copy of the Mintcoin wallet 1.5
5. Run the exe, wait for it to open and then close it again.
6. Copy your backed-up wallet.dat into the %appdata% folder
7. Restart your client and see if it syncs.

As the coins haven't moved this won't reset their age, as well as ruling out 99% of files potentially corrupted.

ok, I did this. I now show some "stake" in my wallet. But now it is stuck on block 109242, and my debug log has this crap...

received block 9fb99d9eb26563c688b9
ProcessBlock: ORPHAN BLOCK, prev=4db3d6ce487544161c68
received block 4db3d6ce487544161c68
ProcessBlock: ORPHAN BLOCK, prev=4691e4561e3419ec08a7
received block 4691e4561e3419ec08a7
ProcessBlock: ORPHAN BLOCK, prev=0af201510002444622b9
received block 0af201510002444622b9
ProcessBlock: ORPHAN BLOCK, prev=a4bd259ef07e15ffc772
received block a4bd259ef07e15ffc772
ProcessBlock: ORPHAN BLOCK, prev=db07b6d2f06a2c3f5d39
received block db07b6d2f06a2c3f5d39
ProcessBlock: ORPHAN BLOCK, prev=7708fcd256ae76dd4ad6
received block 7708fcd256ae76dd4ad6
ProcessBlock: ORPHAN BLOCK, prev=437b842e2b9b347cbcce
received block 437b842e2b9b347cbcce
ProcessBlock: ORPHAN BLOCK, prev=055f4cc976326559973f
received block 055f4cc976326559973f
ProcessBlock: ORPHAN BLOCK, prev=1a10d32f7c21cd25f763
received block 1a10d32f7c21cd25f763
ProcessBlock: ORPHAN BLOCK, prev=37f5610ba9289fba539a
received block 37f5610ba9289fba539a
ProcessBlock: ORPHAN BLOCK, prev=000000000f195ddc7b1b

Cool, sounds like you fixed the problem Smiley

It would appear though that some of the blocks you might have generated got solved by someone else, and are therefore orphaned. You will soon start minting new ones though.

That raises a question though; would the stake that generated an orphaned block be elligible to mint again or is it back on counter for 20-odd days?

Perhaps a dev could help explain, or has anyone who has been minting seen the same stake generate orphans until it succeeds? I've seen rumour of a 20% success rate but don't quote me on that - other people's mileage may vary based on whatever factors may be involved.
member
Activity: 70
Merit: 10
GambleX Exchange/Gambling

Hey guys!

Gamblex has added Mintcoin to our exchange and our gambling site. It will be fully implemented, that means we will also sell shares that distribute a part of the Mintcoin fee revenue to stakeholders.

Check out our thread and maybe Invest!

https://bitcointalksearch.org/topic/m.5676745

newbie
Activity: 48
Merit: 0
My mint wallet has stopped minting since 3/11. I have updated to the current wallet and still nothing. It is unlocked. Any ideas? I found this in the debug log, not sure if it is relevant.

ProcessMessages(version, 101 bytes) : CHECKSUM ERROR nChecksum=f14d14f9 hdr.nChecksum=21f0e818


PROCESSMESSAGE MESSAGESTART NOT FOUND
 Huh

Hmm, sounds like some sort of corruption may be at fault here. Checksum implies that one or more files aren't the size that the program expects them to be. I think it's worth replacing all current Mintcoin files with new ones (except wallet.dat ofc)

Give this a shot:
1. Close down your wallet
2. Backup the wallet.dat file somewhere safe.
3. Delete all Mintcoin files on your PC - the QT.exe folder as well as the data in %appdata%\roaming\Mintcoin\... (assuming you're on Windows)
4. Download a new copy of the Mintcoin wallet 1.5
5. Run the exe, wait for it to open and then close it again.
6. Copy your backed-up wallet.dat into the %appdata% folder
7. Restart your client and see if it syncs.

As the coins haven't moved this won't reset their age, as well as ruling out 99% of files potentially corrupted.

ok, I did this. I now show some "stake" in my wallet. But now it is stuck on block 109242, and my debug log has this crap...

received block 9fb99d9eb26563c688b9
ProcessBlock: ORPHAN BLOCK, prev=4db3d6ce487544161c68
received block 4db3d6ce487544161c68
ProcessBlock: ORPHAN BLOCK, prev=4691e4561e3419ec08a7
received block 4691e4561e3419ec08a7
ProcessBlock: ORPHAN BLOCK, prev=0af201510002444622b9
received block 0af201510002444622b9
ProcessBlock: ORPHAN BLOCK, prev=a4bd259ef07e15ffc772
received block a4bd259ef07e15ffc772
ProcessBlock: ORPHAN BLOCK, prev=db07b6d2f06a2c3f5d39
received block db07b6d2f06a2c3f5d39
ProcessBlock: ORPHAN BLOCK, prev=7708fcd256ae76dd4ad6
received block 7708fcd256ae76dd4ad6
ProcessBlock: ORPHAN BLOCK, prev=437b842e2b9b347cbcce
received block 437b842e2b9b347cbcce
ProcessBlock: ORPHAN BLOCK, prev=055f4cc976326559973f
received block 055f4cc976326559973f
ProcessBlock: ORPHAN BLOCK, prev=1a10d32f7c21cd25f763
received block 1a10d32f7c21cd25f763
ProcessBlock: ORPHAN BLOCK, prev=37f5610ba9289fba539a
received block 37f5610ba9289fba539a
ProcessBlock: ORPHAN BLOCK, prev=000000000f195ddc7b1b


sr. member
Activity: 476
Merit: 250
This thread is really starting to dry up - along with the trading volume of our coin. I'm getting slightly worried here. Even without the pumpers we need considerably more volume than we have currently - if the price is to stabilize yet alone increase. Why has there been such a drop off in interest? I know the minting process has been overly difficult for many to understand and set up but this is not looking good. We need to simplify the minting process - we can't have user after user complaining that it isn't minting or that their POS blocks aren't confirming - its extremely bad publicity. It's a great coin....but so was Karma.....

I have the feeling, that this correlates with the minting. There is no movement on generating coins and so there is no movement on the market. Sadly it seems a coin needs flucturation on the generation side to have a fluid market. I said that in earlier posts already, that I expected the coin to stale out. Only thing that could change this was either a bigger event on the coin's popularity or a drastical change in the specs. If you can just leave the coins lazy in your wallet, nothing will happen.
full member
Activity: 154
Merit: 100
This thread is really starting to dry up - along with the trading volume of our coin. I'm getting slightly worried here. Even without the pumpers we need considerably more volume than we have currently - if the price is to stabilize yet alone increase. Why has there been such a drop off in interest? I know the minting process has been overly difficult for many to understand and set up but this is not looking good. We need to simplify the minting process - we can't have user after user complaining that it isn't minting or that their POS blocks aren't confirming - its extremely bad publicity. It's a great coin....but so was Karma.....
newbie
Activity: 59
Merit: 0
My mint wallet has stopped minting since 3/11. I have updated to the current wallet and still nothing. It is unlocked. Any ideas? I found this in the debug log, not sure if it is relevant.

ProcessMessages(version, 101 bytes) : CHECKSUM ERROR nChecksum=f14d14f9 hdr.nChecksum=21f0e818


PROCESSMESSAGE MESSAGESTART NOT FOUND
 Huh

Hmm, sounds like some sort of corruption may be at fault here. Checksum implies that one or more files aren't the size that the program expects them to be. I think it's worth replacing all current Mintcoin files with new ones (except wallet.dat ofc)

Give this a shot:
1. Close down your wallet
2. Backup the wallet.dat file somewhere safe.
3. Delete all Mintcoin files on your PC - the QT.exe folder as well as the data in %appdata%\roaming\Mintcoin\... (assuming you're on Windows)
4. Download a new copy of the Mintcoin wallet 1.5
5. Run the exe, wait for it to open and then close it again.
6. Copy your backed-up wallet.dat into the %appdata% folder
7. Restart your client and see if it syncs.

As the coins haven't moved this won't reset their age, as well as ruling out 99% of files potentially corrupted.
newbie
Activity: 48
Merit: 0
My mint wallet has stopped minting since 3/11. I have updated to the current wallet and still nothing. It is unlocked. Any ideas? I found this in the debug log, not sure if it is relevant.

ProcessMessages(version, 101 bytes) : CHECKSUM ERROR nChecksum=f14d14f9 hdr.nChecksum=21f0e818


PROCESSMESSAGE MESSAGESTART NOT FOUND
 Huh
newbie
Activity: 7
Merit: 0
legendary
Activity: 1442
Merit: 1000
someone is buying up cheap @ mintpal  Smiley
newbie
Activity: 27
Merit: 0
Linux wallet 1.5 compiled for linux.
qt and headless:

https://mega.co.nz/#!1ocXhYLA!FX3I1u3-7mGH8f77Ov99eyHhEeI7E4JYe7DAZNEXHtI

bounty:
MqzsBZuxmozfHNAHjgXZSLaQRyTjzZ1jF6

cheerz!
sr. member
Activity: 452
Merit: 250


It is starting on Cryptsy today.

I dont understand why people would trade with cryptsy. It kinda sucks, I remember I deposited 0.01 BTC once and it took over a week to arrive LOL. I actually believe I will read about cryptsy on the bitcoin reddit one day like "big exchange goes under and takes peoples coins with it"

Fully agree - I only use Mintpal nowadays - half the fees and it just works. However, be aware guys that these sort of buy orders are what they do BEFORE the pump - that is they buy them up now and then get others (fools mostly) to pump it up for them in order to dump their coins for a tidy return - leaving others holding a bag full of coins they paid 20% or higher more for.

I used to use coinmarket.io and Mintpal. Now, I only use coinmarket.io because coinmarket.io has gone down. The weird thing was, I used to like coinmarket.io much more than Mintpal, but now I have no choice.
MINT is at 31 satoshi on coinmarket.io right now.

The trading in coinmarket.io was halted because it was hacked.

Please read: https://bitcointalksearch.org/topic/m.5686824

Best Regards.
sr. member
Activity: 434
Merit: 250
31 satoshi on coinmarket.io right now.

Those numbers are wrong. coinmarket.io is down, their markets are frozen. It's been like that for two weeks.
newbie
Activity: 19
Merit: 0
ugh. so glad I sold all of my Blackcoin at 680 sat  Angry
hero member
Activity: 613
Merit: 500
Mintcoin: Get some


It is starting on Cryptsy today.

I dont understand why people would trade with cryptsy. It kinda sucks, I remember I deposited 0.01 BTC once and it took over a week to arrive LOL. I actually believe I will read about cryptsy on the bitcoin reddit one day like "big exchange goes under and takes peoples coins with it"

Fully agree - I only use Mintpal nowadays - half the fees and it just works. However, be aware guys that these sort of buy orders are what they do BEFORE the pump - that is they buy them up now and then get others (fools mostly) to pump it up for them in order to dump their coins for a tidy return - leaving others holding a bag full of coins they paid 20% or higher more for.

I used to use coinmarket.io and Mintpal. Now, I only use coinmarket.io because coinmarket.io has gone down. The weird thing was, I used to like coinmarket.io much more than Mintpal, but now I have no choice.
MINT is at 31 satoshi on coinmarket.io right now.
newbie
Activity: 56
Merit: 0
I have been trying to add another wallet to a computer and the Mac wallet hasn't been working on the website for days. Is there another wallet  I can use made by the developers?
sr. member
Activity: 434
Merit: 250


It is starting on Cryptsy today.

I dont understand why people would trade with cryptsy. It kinda sucks, I remember I deposited 0.01 BTC once and it took over a week to arrive LOL. I actually believe I will read about cryptsy on the bitcoin reddit one day like "big exchange goes under and takes peoples coins with it"

Fully agree - I only use Mintpal nowadays - half the fees and it just works. However, be aware guys that these sort of buy orders are what they do BEFORE the pump - that is they buy them up now and then get others (fools mostly) to pump it up for them in order to dump their coins for a tidy return - leaving others holding a bag full of coins they paid 20% or higher more for.

I used to use coinmarket.io and Mintpal. Now, I only use coinmarket.io because coinmarket.io has gone down. The weird thing was, I used to like coinmarket.io much more than Mintpal, but now I have no choice.
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