Topic: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield - page 235. (Read 901856 times)

Damn you guys beat me to that tip
Also make sure you backup every time you send something from your wallet. (This is has to do with how change addresses are managed)

If you can unlock the wallet, then you have the correct password. But, yes, verify you can do that before you send any coins to one of your addresses.

Also you can double-check your password is correct before sending coins, just try to send and it asks for your password. Might sound stupid but I saved the wrong password for my ltc wallet and it took me two days to figure out.

This is very important, and it is good that you did it. While you have no coin now, the wallet.dat file is the keys to your kinddom. You must protect it by:

1. Encrypting it with a strong password. Protect this password. Don't put it in a text file on your PC. If you do store it somewhere, make sure that is encrypted with another password, like in a password manager like LastPass or 1Password or Keepass.

2. Backing it up.

It sounds like you did step 1. Also make sure you do step 2.

So, yes, you are doing the correct things. Also, make sure you do step 2 often. Normally the wallet.dat isn't modified, but it might be if you do a spend. (I'm not sure if this wallet has additional change address pre-generted or not.) But, I re-back mine up after I do any spend and after I add any receive addresses or send addresses.

Im in the process of getting some BTC so i can get some Naut, just getting setup at this point.
I downloaded the OSX wallet yesterday and it synced relatively quick then i encrypted it (have no coin in there so not sure if i should have even bothered).

It's nothing to worry about, give it a while and it'll sync. We're going proof of stake to remedy this problem.

It's nothing to worry about, give it a while and it'll sync. We're going proof of stake to remedy this problem.

Thanks Doging, much appreciated

I hoping to buy some naut before proof of stake comes in….will it make a difference if i buy before or after?

It's nothing to worry about, give it a while and it'll sync. We're going proof of stake to remedy this problem.

Hey all.

Complete beginner to crypto's here so be gentle.

Im in the process of getting some BTC so i can get some Naut, just getting setup at this point.
I downloaded the OSX wallet yesterday and it synced relatively quick then i encrypted it (have no coin in there so not sure if i should have even bothered).

Opened it today to sync it up again and it won't sync. It has been stuck on the same amount of blocks processed for quite some time.

My question:
Is this normal? Is it not syncing because i have encrypted it? I honestly have no idea and I'm the type of person who likes to always know what is going on.

Sorry if it a dumb question but any and all help is appreciated.

Thanks all

Well, greedy people don't get rich by not being evil, so yes that is a dilemma. But first of all we need to stop putting so much god damn societal importance on $$$$WEALTH$$$$.

Wealth is not the end all, be all of anything. It means nothing. I've met too many rich idiots in my lifetime to believe it means something. If you think money infers any sort of personal value, intelligence or force of righteousness in the universe, I have 2 words for you:

BERNIE MADOFF.

BTW -- ripping off other people is not "intelligent" behavior. If the world is a stupider place around you because of YOU, you're an idiot. I don't care how much money it makes you, you're a stupid human as you failed to advance environmental conditions for your species to thrive at a time when the norm was to try to do so.

Society has OK'd any bullshit behavior so long as its not flat out illegal and it nets you a profit. This has lead to a failure of capitalism. Instead of rewarding people for doing good, we reward them for figuring out how to make money, regardless of how its made... even if it kills us all (as is happening in the healthcare industry).

I had an idea for a coin where hashpower is capped and only has up to a certain positive correlation with successfully mining a block, meaning more hashrate /= more mined blocks and the playing field would be equalized a bit. Of course someone would eventually figure out a way to game the system but their profit would be minimized by having to run however many IP addresses, CPUs and miners in parallel.

The reality is there is no simple solution. Either the system will fix itself, or it will break or collapse. We ought to know anywhere between 6 months and 3 years from now.

I'm still waiting for your solution?! How do we solve the "rich get richer problem"?