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Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained] - page 793. (Read 1369788 times)
February 25, 2014, 03:07:21 AM
February 25, 2014, 03:02:24 AM
Code:
// Set output amount
if (txNew.vout.size() == 3)
{
txNew.vout[1].nValue = ((nCredit - nMinFee) / 2 / CENT) * CENT;
txNew.vout[2].nValue = nCredit - nMinFee - txNew.vout[1].nValue;
}
if (txNew.vout.size() == 3)
{
txNew.vout[1].nValue = ((nCredit - nMinFee) / 2 / CENT) * CENT;
txNew.vout[2].nValue = nCredit - nMinFee - txNew.vout[1].nValue;
}
Not sure what this is? When it sends to itself?
Also there doesnt seem to be a hard limit of 70 billion anywhere... 1 coin pow and 5% inflation per year to infinity... Where is the cap?
I think that is the transaction fee for when you send Mint
There is a seperate fee for mint? Thats what minfee is for 10*cent? Its something else...
Also no 70 billion cap of mining
February 25, 2014, 02:59:26 AM
Code:
// Set output amount
if (txNew.vout.size() == 3)
{
txNew.vout[1].nValue = ((nCredit - nMinFee) / 2 / CENT) * CENT;
txNew.vout[2].nValue = nCredit - nMinFee - txNew.vout[1].nValue;
}
if (txNew.vout.size() == 3)
{
txNew.vout[1].nValue = ((nCredit - nMinFee) / 2 / CENT) * CENT;
txNew.vout[2].nValue = nCredit - nMinFee - txNew.vout[1].nValue;
}
Not sure what this is? When it sends to itself?
Also there doesnt seem to be a hard limit of 70 billion anywhere... 1 coin pow and 5% inflation per year to infinity... Where is the cap?
I think that is the transaction fee for when you send Mint
now that you say that, it kinda does look like it could be.
February 25, 2014, 02:59:18 AM
Everything went down, but MINT didn't go down "as much". Awesome strength considering the gains it has been making the last week.
February 25, 2014, 02:58:22 AM
Code:
// Set output amount
if (txNew.vout.size() == 3)
{
txNew.vout[1].nValue = ((nCredit - nMinFee) / 2 / CENT) * CENT;
txNew.vout[2].nValue = nCredit - nMinFee - txNew.vout[1].nValue;
}
if (txNew.vout.size() == 3)
{
txNew.vout[1].nValue = ((nCredit - nMinFee) / 2 / CENT) * CENT;
txNew.vout[2].nValue = nCredit - nMinFee - txNew.vout[1].nValue;
}
Not sure what this is? When it sends to itself?
Also there doesnt seem to be a hard limit of 70 billion anywhere... 1 coin pow and 5% inflation per year to infinity... Where is the cap?
I think that is the transaction fee for when you send Mint
February 25, 2014, 02:57:29 AM
Code:
// Set output amount
if (txNew.vout.size() == 3)
{
txNew.vout[1].nValue = ((nCredit - nMinFee) / 2 / CENT) * CENT;
txNew.vout[2].nValue = nCredit - nMinFee - txNew.vout[1].nValue;
}
if (txNew.vout.size() == 3)
{
txNew.vout[1].nValue = ((nCredit - nMinFee) / 2 / CENT) * CENT;
txNew.vout[2].nValue = nCredit - nMinFee - txNew.vout[1].nValue;
}
Not sure what this is? When it sends to itself?
Also there doesnt seem to be a hard limit of 70 billion anywhere... 1 coin pow and 5% inflation per year to infinity... Where is the cap?
February 25, 2014, 02:55:08 AM
Code:
// Set output amount
if (txNew.vout.size() == 3)
{
txNew.vout[1].nValue = ((nCredit - nMinFee) / 2 / CENT) * CENT;
txNew.vout[2].nValue = nCredit - nMinFee - txNew.vout[1].nValue;
}
if (txNew.vout.size() == 3)
{
txNew.vout[1].nValue = ((nCredit - nMinFee) / 2 / CENT) * CENT;
txNew.vout[2].nValue = nCredit - nMinFee - txNew.vout[1].nValue;
}
Not sure what this is? When it sends to itself?
Also there doesnt seem to be a hard limit of 70 billion anywhere... 1 coin pow and 5% inflation per year to infinity... Where is the cap?
February 25, 2014, 02:46:16 AM
Quote
Some people are saying
link?Here's one a couple pages back: https://bitcointalksearch.org/topic/m.5352911
He didn't didn't say the PoS was bullshit, he said it wasn't as much as someone can get with a pump and dump, which is bullshit because how much you get depends on what your stake is
P.U.R.E.F.U.D
Cool. I guess I misunderstood his rambling argument! Interesting breed these Trolls. Nothing better to do I guess (poor little guy).
Still, if anyone did look at the code, I'm curious, just not so nervous.
https://github.com/mintcoinproject/mintcoin
go ahead
I took a look and in the posproofofwork i found this
int64 nSubsidy = nCoinAge * nRewardCoinYear / 365;
The compiler uses bedmas i just wanted to ensure but i think in all cases it is same as (coinage*rewardcoinyear)/365 which it might intend to be but I think its the same above. Quick sanity test tells me its a good fn.
Rest looks ok.
Thanks
February 25, 2014, 02:45:12 AM
NYTimes Article:
http://www.nytimes.com/2014/02/25/business/apparent-theft-at-mt-gox-shakes-bitcoin-world.html?_r=1
While America Sleeps.
This stuff has not even hit the new-stand yet. From what I could see, I think these bitcoin holders have been squirming for the last few months. Take the coin to $1000 issue a bunch of alts and stall.
This has been the biggest stall of all time. History in the making.
So we all knew about MTGOX. Yet the news was stalled. Games with exchanges tell me there are ways to stall the downdraft to save face.
I could just imagine BTC hits $1100 and they call a meeting in VEGAS. That is when they hatched there stall plan. How to exit without screwing up the market.
Well it has been a slow drip, if you think there will be a bounce, hardly. 2014 is the year BTC died. Old slow technology.
Grocery store checkout: Buying with BTC "please wait on the side for 10 mins for confimation"
Buying with Mint "Thank you, come again"
BTC overpriced piece of crap. Cryptsy has UDS dollar market but why have they not expanded? I will tell you why. It does not fit into the plan.
Chinese exchanges were smart. Once I saw CNY markets I said, that is the end for LTC BTC. And they know if they traded in USD it would have been the end. Instead we get a long drawn out screw job.
Hey guys don't you know who pumped silver after it was at high. At the top? Max Keiser. Silver is so low right now. So he puts out MAXCOIN when silver is at its lowest. Why you ask? Ha ha. Cause if we were smart we would be buying REAL FUCKING COINS!
BitSilverCoin.com
Anyone want to start a real POS coin?
Email me sometime. I won't have to spend 6k to buy the domain name! www.mintcoin.com
Peace.
Oh yah
20% is made in 4 sats - one day! Million up 4 sat spread. There is the real interest.
Peace!
You know who the real shills are? http://www.youtube.com/watch?v=YOxIi80eHxc Listen to his voice shake.
So scan back the last few months. You will see who the btc shills are. Just listen to that interview. All bullshit! IT is so obvious to see the people who are controlled. Controlled opposition. Alex Jones - All the alt currency community. They are drinking too much kool aid or making a complete mockery of intelligence.
Watch out people. Critically think, don't let these shills walk you around. USE YOUR BRAIN!
http://www.nytimes.com/2014/02/25/business/apparent-theft-at-mt-gox-shakes-bitcoin-world.html?_r=1
While America Sleeps.
This stuff has not even hit the new-stand yet. From what I could see, I think these bitcoin holders have been squirming for the last few months. Take the coin to $1000 issue a bunch of alts and stall.
This has been the biggest stall of all time. History in the making.
So we all knew about MTGOX. Yet the news was stalled. Games with exchanges tell me there are ways to stall the downdraft to save face.
I could just imagine BTC hits $1100 and they call a meeting in VEGAS. That is when they hatched there stall plan. How to exit without screwing up the market.
Well it has been a slow drip, if you think there will be a bounce, hardly. 2014 is the year BTC died. Old slow technology.
Grocery store checkout: Buying with BTC "please wait on the side for 10 mins for confimation"
Buying with Mint "Thank you, come again"
BTC overpriced piece of crap. Cryptsy has UDS dollar market but why have they not expanded? I will tell you why. It does not fit into the plan.
Chinese exchanges were smart. Once I saw CNY markets I said, that is the end for LTC BTC. And they know if they traded in USD it would have been the end. Instead we get a long drawn out screw job.
Hey guys don't you know who pumped silver after it was at high. At the top? Max Keiser. Silver is so low right now. So he puts out MAXCOIN when silver is at its lowest. Why you ask? Ha ha. Cause if we were smart we would be buying REAL FUCKING COINS!
BitSilverCoin.com
Anyone want to start a real POS coin?
Email me sometime. I won't have to spend 6k to buy the domain name! www.mintcoin.com
Peace.
Oh yah
20% is made in 4 sats - one day! Million up 4 sat spread. There is the real interest.
Peace!
You know who the real shills are? http://www.youtube.com/watch?v=YOxIi80eHxc Listen to his voice shake.
So scan back the last few months. You will see who the btc shills are. Just listen to that interview. All bullshit! IT is so obvious to see the people who are controlled. Controlled opposition. Alex Jones - All the alt currency community. They are drinking too much kool aid or making a complete mockery of intelligence.
Watch out people. Critically think, don't let these shills walk you around. USE YOUR BRAIN!
Cocaine is a hell of a drug
February 25, 2014, 02:37:32 AM
so these PoS rewards, do i have to keep the wallet open to "generate them" or are they automatically going to be generated based on the date that they were moved into the wallet?
Yes, but you only have to open it up every couple months or so. If you keep your wallet offline for the whole year and then turn it on, you will still get the 20% for the first year.
EDIT: If you want to take advantage of compunding interest, then mint every month or so.
February 25, 2014, 02:36:32 AM
Quote
Some people are saying
link?Here's one a couple pages back: https://bitcointalksearch.org/topic/m.5352911
He didn't didn't say the PoS was bullshit, he said it wasn't as much as someone can get with a pump and dump, which is bullshit because how much you get depends on what your stake is
P.U.R.E.F.U.D
Thank for the info
Cool. I guess I misunderstood his rambling argument! Interesting breed these Trolls. Nothing better to do I guess (poor little guy).
Still, if anyone did look at the code, I'm curious, just not so nervous.
https://github.com/mintcoinproject/mintcoin
go ahead
I took a look and in the posproofofwork i found this
int64 nSubsidy = nCoinAge * nRewardCoinYear / 365;
The compiler uses bedmas i just wanted to ensure but i think in all cases it is same as (coinage*rewardcoinyear)/365 which it might intend to be but I think its the same above. Quick sanity test tells me its a good fn.
Rest looks ok.
February 25, 2014, 02:34:41 AM
"Beware of Cheaters" in my pool http://mint.hashrapid.com/ 1500000 coins disappeared, support silent, do not go there!!!!!!!!
February 25, 2014, 02:33:58 AM
Quote
Some people are saying
link?Here's one a couple pages back: https://bitcointalksearch.org/topic/m.5352911
He didn't didn't say the PoS was bullshit, he said it wasn't as much as someone can get with a pump and dump, which is bullshit because how much you get depends on what your stake is
P.U.R.E.F.U.D
Cool. I guess I misunderstood his rambling argument! Interesting breed these Trolls. Nothing better to do I guess (poor little guy).
Still, if anyone did look at the code, I'm curious, just not so nervous.
https://github.com/mintcoinproject/mintcoin
go ahead
I took a look and in the posproofofwork i found this
int64 nSubsidy = nCoinAge * nRewardCoinYear / 365;
The compiler uses bedmas i just wanted to ensure but i think in all cases it is same as (coinage*rewardcoinyear)/365 which it might intend to be but I think its the same above. Quick sanity test tells me its a good fn.
Rest looks ok.
February 25, 2014, 02:33:06 AM
so these PoS rewards, do i have to keep the wallet open to "generate them" or are they automatically going to be generated based on the date that they were moved into the wallet?
February 25, 2014, 02:15:12 AM
mintcoin up up.
February 25, 2014, 02:14:45 AM
Indeed. I have no clue what Testimonials he's referring to. I've been around since the early pages of this thread (day 4 of the PoW) and I hadn't heard of this...
me either, would love it if a seasoned coder could dissect the source code and paste some of it here for all to see. on a side note, I just invested all my btc into mint! time for some excitement.
February 25, 2014, 01:57:27 AM
Indeed. I have no clue what Testimonials he's referring to. I've been around since the early pages of this thread (day 4 of the PoW) and I hadn't heard of this...
February 25, 2014, 01:49:07 AM
5,945,000,000 COINS IS THE CURRENT 24 HR VOLUME ON MINTPAL ALONE
I'm not worried about the 700 mil pre-mine. That amount has switched hands many times over at this point.
I'm more concerned about the PoS implementation, because I've posted questions about it on past pages and was never replied too.
Fears of this being a scamcoin is the only thing keeping this coin from exploding more than it already has, and unanswered questions don't help.
Talking to you dev.
I'm not worried about the 700 mil pre-mine. That amount has switched hands many times over at this point.
I'm more concerned about the PoS implementation, because I've posted questions about it on past pages and was never replied too.
Fears of this being a scamcoin is the only thing keeping this coin from exploding more than it already has, and unanswered questions don't help.
Talking to you dev.
I should have mentioned my question: Has anyone looked into the code of this coin for the PoS implementation?
Also, looking at all the work that's been done surrounding this coin I highly doubt that it is a scam, but I'm a paranoid cautious person. This is a good thing in this little cryptoworld.
Yes the code has been inspected.
Check the testimonials on the mintcoin.cc website. You'll see a consultant has been brought in by myself.
I had to do that because I feel it's very important that we can steer clear of any nasty mishaps.
I'm happy to say that the initial two inspections on the coding have come back positive (everything looks to be in order)!
However, we are not just leaving it at that.
Precautions are being taken and we are putting the MINT protocol through it's paces in an accelerated testnet to ensure the transition is as smooth as possible and finding any bugs in advance, to stay one step ahead.
Steps have been taken by the extended dev team. Nothing to worry about.
where exactly are those testimonials?
February 25, 2014, 01:47:30 AM
Lol BTC is tanking
Hello market depression.
Sell while you can.
Hello market depression.
Sell while you can.
February 25, 2014, 01:36:17 AM
5,945,000,000 COINS IS THE CURRENT 24 HR VOLUME ON MINTPAL ALONE
I'm not worried about the 700 mil pre-mine. That amount has switched hands many times over at this point.
I'm more concerned about the PoS implementation, because I've posted questions about it on past pages and was never replied too.
Fears of this being a scamcoin is the only thing keeping this coin from exploding more than it already has, and unanswered questions don't help.
Talking to you dev.
I'm not worried about the 700 mil pre-mine. That amount has switched hands many times over at this point.
I'm more concerned about the PoS implementation, because I've posted questions about it on past pages and was never replied too.
Fears of this being a scamcoin is the only thing keeping this coin from exploding more than it already has, and unanswered questions don't help.
Talking to you dev.
I should have mentioned my question: Has anyone looked into the code of this coin for the PoS implementation?
Also, looking at all the work that's been done surrounding this coin I highly doubt that it is a scam, but I'm a paranoid cautious person. This is a good thing in this little cryptoworld.
Yes the code has been inspected.
Check the testimonials on the mintcoin.cc website. You'll see a consultant has been brought in by myself.
I had to do that because I feel it's very important that we can steer clear of any nasty mishaps.
I'm happy to say that the initial two inspections on the coding have come back positive (everything looks to be in order)!
However, we are not just leaving it at that.
Precautions are being taken and we are putting the MINT protocol through it's paces in an accelerated testnet to ensure the transition is as smooth as possible and finding any bugs in advance, to stay one step ahead.
Steps have been taken by the extended dev team. Nothing to worry about.
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