Author

Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 767. (Read 1369788 times)

sr. member
Activity: 364
Merit: 250
To make an analogy PoW vs PoS as sort of like comparing the muscle cars of the 60s and 70s as compared to the energy saving hybrid and electric models of today.

The private transportation infrastructure will never go back to the days of Detroit Steel. Too fuel inefficient, too much pollution, too much pay to manufacture in the US.

Those cars are awesome, but we've moved on to something better and the private transportation infrastructure that is being developed now for the future is going to be very different than the heyday of the gas powered combustion engine and the American automobile culture. We are never going back to where we came from, that's gone now except for a few artifacts, so don't look back, look forward.

The same effect of technical development will apply to all networks, including financial.



CrowdFUNDING - Crypto Stock Market - Trust = Innovation = World financial Market =  I am going to buy one of these with my MINT HOARD: http://www.youtube.com/watch?v=0jn1jMAUJ1g  

Look for CrowdFunding sites to hook up with Cryptos
That is another great resource for implementation.

Go Mint!



Aw man, that is so cool!!!
full member
Activity: 195
Merit: 100
I see some PoS blocks generated now, the mintcoin launched 20 days ago, some coins started generating PoS blocks...
http://mintcoin-explorer.info/chain/MintCoin

those blocks with diff = 0.0 are PoS blocks.

For example block 56699 is a PoS block, where 171.473424 coins generated as interest:
http://mintcoin-explorer.info/block/d9821f11960f114db9c58ce2272507c312fec441068bf5c28cf75a0e18def090
full member
Activity: 210
Merit: 100
Does anyone know if I can add an .dat file to an existing wallet? I have some mint on a flash drive that I need to get into my wallet somehow without disturbing the coins already there, but I only have one computer.
legendary
Activity: 1418
Merit: 1002
On the main site, whoever is in charge, can you host the wallet download links.

I've always found it somewhat sketchy when going to a new coin and downloading the wallet from mediafire or something like that.
full member
Activity: 168
Merit: 100
Anyone else had issues with http://mint.hashrapid.com/ ?
They changed servers, kept previously mined coins on the old server (apparently), wouldn't send a password reset email when my password didn't work, locked me out of my account after my password was apparently incorrect, and don't reply to support requests. Looking very much like they're trying to pull a fast one.

DO NOT MINE ON ANY HASH RAPIDS POOL. THEY WILL FUCK YOU OVER AND THEY NEVER REPLY TO SUPPORT EMAILS. THEY USED THE WALLET UPGRADE EXCUSE AND ENDED UP WITH OVER 9K OF MY MINT AS WELL AS OTHERS MINT.

And yes I checked the other ip they listed to only see 1k of my already confirmed 10K Mint when they where having issues.



+1 the same here, hashrapid = scampool
sr. member
Activity: 424
Merit: 250
newbie
Activity: 56
Merit: 0
Anyone have problem with payment from dogemoon. 3 hour left and nothing on my wallet
full member
Activity: 210
Merit: 100
For everyone having doubts if the POS intrest thing actually works i just noticed  a POS block when looking in the block explorer.
http://mintcoin-explorer.info/block/3679766561ec99bfe8ab2be6c64ba94b91c14424283b8d9162be849a6c261eb0

All blocks with difficulty 0 are POS blocks
http://mintcoin-explorer.info/chain/MintCoin

Let the minting begin


Awesome  Grin
sr. member
Activity: 364
Merit: 250
To make an analogy PoW vs PoS as sort of like comparing the muscle cars of the 60s and 70s as compared to the energy saving hybrid and electric models of today.

The private transportation infrastructure will never go back to the days of Detroit Steel. Too fuel inefficient, too much pollution, too much pay to manufacture in the US.

Those cars are awesome, but we've moved on to something better and the private transportation infrastructure that is being developed now for the future is going to be very different than the heyday of the gas powered combustion engine and the American automobile culture. We are never going back to where we came from, that's gone now except for a few artifacts, so don't look back, look forward.

The same effect of technical development will apply to all networks, including financial.

hero member
Activity: 672
Merit: 500
Banned: For Your Protection
So tomorrow we have the third reward halving?

Yes 2pm EST - 7pm UTC - (I believe that this is correct - If not, someone correct me.)
sr. member
Activity: 392
Merit: 250
We are proud to announce our new Mintcoin Pool:

0% Fee
Only 0.1 mnt withdrawal fees

Automatic Payouts every minute !
DDoS protected
Best EU/US connectivity
Stratum on Port 7890 with Variable Difficulty
Bonuses will be started as soon as first Block has been found !

Check it out now and get your Scrypt Miners in:
https://mint.maxminers.net


1000 MNT Bonus per Block Finder !!!
member
Activity: 98
Merit: 10
So tomorrow we have the third reward halving?
hero member
Activity: 672
Merit: 500
Banned: For Your Protection
Anyone else had issues with http://mint.hashrapid.com/ ?
They changed servers, kept previously mined coins on the old server (apparently), wouldn't send a password reset email when my password didn't work, locked me out of my account after my password was apparently incorrect, and don't reply to support requests. Looking very much like they're trying to pull a fast one.

DO NOT MINE ON ANY HASH RAPIDS POOL. THEY WILL FUCK YOU OVER AND THEY NEVER REPLY TO SUPPORT EMAILS. THEY USED THE WALLET UPGRADE EXCUSE AND ENDED UP WITH OVER 9K OF MY MINT AS WELL AS OTHERS MINT.

And yes I checked the other ip they listed to only see 1k of my already confirmed 10K Mint when they where having issues.



And these types of things are what Gov's/Banks will use to implement Crypto-Regs - thus destroying the crypto-market , if they can (for everyone but themselves). Unfortunately they have been dumbing down, and removing all sense of personal responsibility from the sheeple for decades now. To the extent where average people think someone else needs to take care of things for them. I know people in here are generally more informed than your average John Q./Suzie Q. Public, but, for anyone just getting into this, please be insanely cautious with whom you deal. This is one of the last unregulated markets there is. We do not want this to go away. If you get screwed - you are screwed. Know that now, and take precautions. This is freedom. With freedom comes responsibility. It's on you. Be careful, and stay free.

Don't know why I felt the need to post this, but I really did feel the need, so I went with it.



Peace!

This is a good point, although now I'm going to make a point about what it's like to operate a pool.

Operating a pool is hard, not easy, and if it was everyone would do it.     The software that many pool operators use is open source and everyday many commits are made because there always new bugs/issues found.   The process of allocating shares for hash rates, the many different processes that have to be running, it's hardly a simple task to maintain.   Not only this, but many new coins that are laucnhed have inherit issues in the wallet themselves.  So this causes corrupt block index files and wreaks havoc on the system.

   It's easy to just point your miner.

Not only does a pool owner have to maintain this complex system, but then you have to deal with constant DDOS attacks and other security issues.  

I wasn't intending to attack anyone personally. Perhaps I should have posted this on it's own, instead of "pinning" it to a specific post.

It was only meant as a general piece of advice. No offense was intended.

That said - I do understand that there is a lot that goes into operating a pool. I don't envy anyone who takes on a busy one. I'll just mine and trade!  Grin
member
Activity: 95
Merit: 10
Can anyone see if they can solve this I would be appreciative.

1. I downloaded wallet.
2. sent mintcoins my wallet.
3. encrypted wallet
4. put that code in the console walletpassphrase true

That locked my wallet.

Now my wallet is permanently locked.
I cannot unlock it, I cannot change my passphrase, and obviously, I cannot send coins
And when i put that code back in the console I get:

Error: The wallet passphrase entered was incorrect. (code -14)

What is this?

Help guide for the minting !

Open you wallet, if it's not synchronized go to the first page of this thread. If it is, then go to  Help -> Debug window -> console

write this in :

walletpassphrase true

where

= your pass  
= 9999999


FAQ

1.How can I be sure that I am minting right now my MintCoins ?

Answer :

I don't have anymore "minting suspended due to locked wallet" in the bottom left corner of my wallet. But on the right bottom corner of my wallet I have green opened padlock, which says: "Wallet is encrypted and currently unlocked"

2.Must I type: "walletpassphrase true" every time when I restart my wallet? If I keep it close permanently will I minting my coins?

Answer :

If you keep your wallet close it's ok - you are minting , but you must open it every month or so and put the code in the console again.

If my post helped you, you can tip me : MINT : MXR6TvfdmRTEbyj5hRTPggaYHwBDBsygGX       BTC : 1FXRvLsfh8rWQiWDxfARHGBXinnq2XV6Ur    
sr. member
Activity: 364
Merit: 250
So the bit I don't quite compute yet is with pow you have the incentive to hash the networks transactions, if everyone's just sat there getting coins by pos what's the incentive for people to hash the transaction data?
Quote
Proof-of-stake is a method of securing a cryptocurrency network through requesting users to show ownership of a certain amount of currency. It is different from proof-of-work systems that run hashing algorithms to validate electronic transactions. It is most commonly used as a supplement to proof-of-work in Peercoin[1] and a few other electronic currencies.
http://en.wikipedia.org/wiki/Proof-of-stake
member
Activity: 70
Merit: 10
EarnCryptoCoins

MintCoin Faucet
Pays from 2.00 to 5.00 MINT per hour.
Payouts are done automatically on 00:00 server time at 1 MINT minimum.
10% referral earnings.

DONATIONS
MnvCAq8xeeEBMmiCY8ftrf1d4YjRJ5zg53

(After donating please send us message here with TXID, short title(40chars maximum) and a link so we can publish them in the donations sections on coin page)
   
full member
Activity: 132
Merit: 100
So the bit I don't quite compute yet is with pow you have the incentive to hash the networks transactions, if everyone's just sat there getting coins by pos what's the incentive for people to hash the transaction data?
member
Activity: 97
Merit: 10
Anyone else had issues with http://mint.hashrapid.com/ ?
They changed servers, kept previously mined coins on the old server (apparently), wouldn't send a password reset email when my password didn't work, locked me out of my account after my password was apparently incorrect, and don't reply to support requests. Looking very much like they're trying to pull a fast one.

DO NOT MINE ON ANY HASH RAPIDS POOL. THEY WILL FUCK YOU OVER AND THEY NEVER REPLY TO SUPPORT EMAILS. THEY USED THE WALLET UPGRADE EXCUSE AND ENDED UP WITH OVER 9K OF MY MINT AS WELL AS OTHERS MINT.

And yes I checked the other ip they listed to only see 1k of my already confirmed 10K Mint when they where having issues.



And these types of things are what Gov's/Banks will use to implement Crypto-Regs - thus destroying the crypto-market , if they can (for everyone but themselves). Unfortunately they have been dumbing down, and removing all sense of personal responsibility from the sheeple for decades now. To the extent where average people think someone else needs to take care of things for them. I know people in here are generally more informed than your average John Q./Suzie Q. Public, but, for anyone just getting into this, please be insanely cautious with whom you deal. This is one of the last unregulated markets there is. We do not want this to go away. If you get screwed - you are screwed. Know that now, and take precautions. This is freedom. With freedom comes responsibility. It's on you. Be careful, and stay free.

Don't know why I felt the need to post this, but I really did feel the need, so I went with it.



Peace!

This is a good point, although now I'm going to make a point about what it's like to operate a pool.

Operating a pool is hard, not easy, and if it was everyone would do it.     The software that many pool operators use is open source and everyday many commits are made because there always new bugs/issues found.   The process of allocating shares for hash rates, the many different processes that have to be running, it's hardly a simple task to maintain.   Not only this, but many new coins that are laucnhed have inherit issues in the wallet themselves.  So this causes corrupt block index files and wreaks havoc on the system.

   It's easy to just point your miner.

Not only does a pool owner have to maintain this complex system, but then you have to deal with constant DDOS attacks and other security issues.  
sr. member
Activity: 364
Merit: 250
Anyone else had issues with http://mint.hashrapid.com/ ?
They changed servers, kept previously mined coins on the old server (apparently), wouldn't send a password reset email when my password didn't work, locked me out of my account after my password was apparently incorrect, and don't reply to support requests. Looking very much like they're trying to pull a fast one.

DO NOT MINE ON ANY HASH RAPIDS POOL. THEY WILL FUCK YOU OVER AND THEY NEVER REPLY TO SUPPORT EMAILS. THEY USED THE WALLET UPGRADE EXCUSE AND ENDED UP WITH OVER 9K OF MY MINT AS WELL AS OTHERS MINT.

And yes I checked the other ip they listed to only see 1k of my already confirmed 10K Mint when they where having issues.



And these types of things are what Gov's/Banks will use to implement Crypto-Regs - thus destroying the crypto-market , if they can (for everyone but themselves). Unfortunately they have been dumbing down, and removing all sense of personal responsibility from the sheeple for decades now. To the extent where average people think someone else needs to take care of things for them. I know people in here are generally more informed than your average John Q./Suzie Q. Public, but, for anyone just getting into this, please be insanely cautious with whom you deal. This is one of the last unregulated markets there is. We do not want this to go away. If you get screwed - you are screwed. Know that now, and take precautions. This is freedom. With freedom comes responsibility. It's on you. Be careful, and stay free.

Don't know why I felt the need to post this, but I really did feel the need, so I went with it.



Peace!

Well said. The greatest risks and the greatest opportunities have always existed at the fringes of the human domain.

This is the electronic frontier. Let's not fence it all in just yet, eh?
sr. member
Activity: 364
Merit: 250
Agreed, I think PoS will definitely replace the more cumbersome PoW. And in time something will replace PoS as well.

But for now...
Jump to: