Topic: (ANN) Netcoin has gone POS! With PIR & OWI - page 50. (Read 142149 times)

Great work guys...and looking forward to continued improvements!

On behalf of NETCOIN and the Foundation, we wanted to give you an update on the coin and the most recent developments. We have made some updates, and will require an upgrade prior to Block 438500.

Here’s a quick breakdown of the upgrades which will fix:

1) Issues with digishield that we found in the code and
2) Improve transaction times.


So here's what you'll need to do:

1) Download the latest client (version) of the wallet (available here: http://netcoinfoundation.org/).  It'll be version 2.2.0
2) If you want, backup your current wallet.dat (There's really no need to, but as we encourage people to backup their wallets once a week and after any major transaction, it's a good habit to get into).
3) Extract, and launch the new wallet.

That's it.

As always, thank you for your support of NET.  

Should you have any questions or concerns, please do reach out to us at the Netcoin Foundation.

All the best,

` The Netcoin Foundation

Hey Brucella,

Sorry i didn,t get to you sooner but been very busy.
Thank you very much for translating we appreciate. You can send it to this email.

[email protected]

Grtz Tepelstreeltje

So that just happened apparently.  You blink and forget about NET, and then all of a sudden it jumped from 100 to 200+.

Well, GO NET! 

*grumbles...should have paid more attention to the charts.....

wow great! GO NET!

OMG 500 SAT at bittrex!

People you need to get some NET over at Bittrex! People are starving!

NETCOIN need more pormotion, let's do it together

@ Netcoin Foundation

I have finished the french translation. Could you give me a mail to send it ?

Thanks

I'm not sure if anyone here is interested in this project but Netcoin is part of it:

https://bitcointalksearch.org/topic/m.9102157

  https://bittrex.com/Market/?MarketName=BTC-NET

cool - do you know of open source php code that will let me gleen this from the blockchain database in my wallet?

Hey,

So if you go to the Netcoin Blockchain Explorer:

http://explorer.netcoinfoundation.org

You'll see the following (The version is either 2 or 3).

Here's Block 437105 (PoS)
Hash: f77f9a8972802eceba6e4a221cb2df905bc3f192f7af24614ecaf3491bb8c433
Previous Block: 0cda7b13b62d897d0b8e579d0cc0d9f5c6afa319aef903cc67c9e939a64c4587
Height: 437105
Version: 3
Transaction Merkle Root: af358ca3ede642db5079e7ca9a25284ad8c389416fc7d28cf6ffae16502cfe62
Time: 1412585782 (2014-10-06 08:56:22)
Difficulty: 16.465 (Bits: 1c0f8c19)
Cumulative Difficulty: 2 399 494.888
Nonce: 0
Transactions: 5
Value out: 7269302.7302865
Average Coin Age: 127.941 days
Coin-days Destroyed: 2574416.70248187
Cumulative Coin-days Destroyed: 54.6201%


Here's Block 437104  (PoW)
Hash: 0cda7b13b62d897d0b8e579d0cc0d9f5c6afa319aef903cc67c9e939a64c4587
Previous Block: d10de5aceb4401fa435be79ba10acfd4921d8ab80c027a3e340b718a7c762b4e
Next Block: f77f9a8972802eceba6e4a221cb2df905bc3f192f7af24614ecaf3491bb8c433
Height: 437104
Version: 2
Transaction Merkle Root: d3967bc3edc6dfe28662edcb2d4f8b5bbf96dc7238e53b09c01613f232f28d19
Time: 1412585495 (2014-10-06 08:51:35)
Difficulty: 24.698 (Bits: 1c0a5d66)
Cumulative Difficulty: 2 399 478.422
Nonce: 4073554277
Transactions: 1
Value out: 320
Average Coin Age: 127.949 days
Coin-days Destroyed: 0
Cumulative Coin-days Destroyed: 54.6177%

I don't see version anywhere or do we need to read more detailed information from the block chain database?

Well I dunno to be honest, there are plenty of coins with 100 billion and they do just fine, though not saying NET will be that XD

But spreading too thin and having no coins for people to buy isn't really good either. POW is capped to what it always would have been... Don't you think POW + POS = double security?

Also we do have a little plan in mind for the POW, which would be kinda interesting to see, a counter measure for multipools, a novel take on it and so I would be really reluctant... And I mean, many people like it. Is it right to cut them out?

@lifeforcepools

You are dead right lifeforcepools, we have been working on it and we do actually have a better version we are testing right now... Obviously we don't want to rush something out there only for it not to work as intended again as these changes require a hard fork. But I can tell you that tests are looking much better than they do currently. I wouldn't say perfect though just yet.

Also you can tell a POS from a POW by looking at the version, I'm really sorry but I didn't see you ask this before... If I had seen I would have told you. POW is version 2 and POS is version 3... You can see this on the block explorer.

But really great news about your new site and wanting to include Netcoin into it. Thanks you so much for that and just know that we are working our hardest to get it all done the best we can. Obviously many of us have other life commitments but we are working every spare hour we have on Netcoin. As soon as we are done and we have a stable release we'll let all you guys know I promise. It shouldn't be long now. To be honest, I am pretty happy to release it as it is now.

@CrazyLoaf

This has been discussed and it really is a tough call because as you can see from the above post people like to mine, so I wouldn't want to remove the mining feature purely for that reason really. But I am open to see what the community thinks... I think once we get the mining sorted out there really isn't much need to remove it. We're very nearly there too.

Yeah I just saw that right now, really good news! I'm glad that people have more options to trade NET, now who is going to part with some NET and place some sells? Anyone? XD

I know they are tough to part with but you know, nice to share the love

most excellent - however the problem remains that the coin only generates about 20 blocks and miner cannot make any money off it - the wallet really need to be fixed.

in addition - I have asked a few times how to distinguish in the block chain a POS from a POW block, I am developing a coin mining estimation site that will be as accurate as humanly possible based on formulas and algorithms I've developed that  have proven to be dead accurate and I'd like to include netcoin in the mix of coins but can't when it's like throwing darts at a dart board blindfolded when it comes to estimating POW block available for mining daily - so I really wish someone would help me.

I went to the trouble of creating a pool for this coin but people are reluctant to even mine it based on 5 minute blocks time which is what this coin has right now and I know that to be true because I've been tracking the coin and have built a searchable database by date on the blocks per day and the hash rates.

You guys have a great coins here and I really like it and can bring lots of new miners to the coin but I really do need the information.

someone please give me the technical information on what I seek. Over in the the BTM thread the developers could not be more helpful but here people just say 'we don't know' - so ..someone has to know and who is that person?

thanks in advance.

Great, NET coin is on Bittrex now!

That's fine BRUCELLA, thanks very much for all your help

Also to note the info site has now been translated to dutch. Thanks very much to Tepelstreeltje for that.