Topic: (ANN) Netcoin has gone POS! With PIR & OWI - page 55. (Read 142167 times)

Hey guys and gals, so... Been having a little play around with some code and made this for you, just a bit of fun really, hope you like it XD

http://drums.netcoinfoundation.org/

hahah

Oh it currently only works on a PC (the sound anyway) going to be working on getting it compatible with mobiles so you can make that sweet music on the goooo! hahah

WOW, WTF? Man... Those guys are beyond unreal, really sorry to hear that bro, tis why I moved over to bter but will be giving crpytex a go too I think, I'm so done with cryptsy, it's getting beyond a joke!

But yeah I didn't even realise they are having even more withdrawal problems... All I can say is keep sending them support tickets till you get your coins back bro! Just keep hounding them, a week is just sick dude!

Is your deposit showing as pending or something?

EDIT: I would also demand your lost stake too! I mean a day, okay, 2 maybe, but over a week? That ain't right!

Cryptsy has been holding my NET hostage for over a week now. Anyone able to get withdrawals done over at cryptsy?

sell and buy netcoins!! Cryptex needs more deposits to keep up with demand

Yeah I see you been in there a bit, thanks a lot for also donating, that is very kind of you. I think there are a few small growing pains we are experiencing in terms of blocks etc. We're currently looking into it and will get it fixed as soon as possible. We think that multipools are still causing the usual disturbances, so it's a bit of a tricky one but the chain is moving at least all be it a little slower than expected. It would seem the higher the dedicated hash the better so it might be a case of us buying some mining equipment to put on Netcoin full time. We're not too sure just yet.

But anyway thanks again for your support and we're glad you're along for the ride.

Thanks. I TOTALLY forgot I had mined on your pool some time ago!    Started again last night but nothing confirmed yet as of this morning. Finding blocks though!

It is still minable yes and why the official netcoin pool of course XD pool.netcoinfoundation.org

Though I am bias as I run it lol... If you go to the forum at forum.netcoinfoundation.org you can see a full list there.

NetCoin still mineable?  If so, which pools do you all recommend?

Oh... XD Sorry dude my mind has been elsewhere mate, going through a family break up man... So please forgive me for that. I'll go take a look soon as I get up.

I sent you a PM on the forum with a link 8 days ago !!!

Yeah, I mean that is only an estimate, staking is a lottery just like mining... We can have a look into making it somewhat more accurate but not sure you can to be honest. Not really much chance predicting a lotto.

But glad to hear you're staking like a boss!

Keep up the great work yogi! We're getting there... Oh... Any news on the translation? XD

Thanks Meee and Yogi!  It truly is great to not only be working for the continued growth of a "coin" that is 1) currently undervalued 2) had a track record of success and 3) innovated some of the greatest features for a coin, but to also be working within the NETCOIN community. 

I think this, among many other elements, is what sets NETCOIN apart from the rest....it's community.  From day one of me nibbling on NET, I was welcomed as an equal, and well...just welcomed.  That is HUGE for me and I dare say anyone else, and it's been great to be able to try and give back.

Yogi:  yeah, the expected time to earn reward:  I know we're still working through that (actually, the next-gen wallet will have some ridiculously cool features that already make me can't wait for it to be finished because I'll want to keep my wallet open so I can look at it...and get some nice interest as well =).

The stakes come every now and then (1-2-3 days) although the wallet says possible stake in 1-2h ... but coins are staking! There's no problem with that.

Thanks yogi! We have snappysnap to thank for that, he put a lot of work into the various sections... There are some more things I need to add such as the block explorer and paper wallet etc.

Oh how did the stake go in the end? Did you get yours okay?

We have some nice ideas for further wallet developments too. I think you guys are gonna love it! But its going to take some time of course. But yeah so far so good. Very pleased indeed.

Ahhh need a pool list too, nearly forgot about that XD

Hey just discovered the new OP ....

Awesome work !!!!

So.... What you guys think of the recent price rise? It is still early days but volume is going up all the time and now the price is beginning to follow! Who would like to eat some humble pie? XD

The fear was it would make so many coins and they would be dumped and the price would go even lower... The opposite seems to be happening. In fact I would say Netcoin is rediculously undervalued!

But still, things are looking really good! Still plenty of work to do but we're making our way through it.

Hope everyone has a great day!

Oh BTW we would welcome your feedback on the new ANN thread, is there something you like and something you don't like, just pop in and let us know, we will get back to you as soon as we can.

Thanks again guys, please rest assured that we are working very hard behind the scenes to keep on making improvements.

@vsmamm

Firstly allow me to tell you what happend recently when bter forgot to turn off staking... A team member approached me to say that he was getting these weird deposits into his Netcoin account that he didn't make. 0.o

I checked my own and sure enough I too had these strange amounts...

2014-09-08 15:51:42    -104962.12045512 NET  Success
2014-09-08 15:51:31    -104590.57473373 NET  Success
2014-09-05 21:17:20    104962.12045512 NET     Success
2014-09-01 12:49:14    104590.57473373 NET     Success
2014-08-28 17:16:01    104242.23120474 NET     Success

You see the very bottom one, that is the only deposit I made to the bter account, the next 2 were additional from seemingly nowhere. Do you notice the slight increase each time? Well that is the stake but they also gave the principal too each time XD

Then I alerted bter to this fact and you see the next 2 they have deducted this amount and since deactivated staking, the point is staking on an exchange or in a pool creates mayhem, I know because I run a pool and I have staking disabled too. staking=0 is what you put in the conf to do this.

Now am I saying exchanges do not stake at all? No, I'm sure they do to some degree, but we would see massive increase in the total coins and so far this has not been seen. But ultimately if people want to give away their stake to an exchange what can anyone do about that? Personally when staking was activated 99% of my coins came off the exchange immediately, I now only have the 100k you see on bter there for something to play with.

But I do understand your concerns about there being more coins but really, look at DOGE, XRP, REDD, NXT all have many times more coins than we and they seem to do just fine. So I hope this helps

Oh and as for POS being dead, I'm not so sure and this isn't just a simple POS coin, there is much more to it than that and yes we have plenty of ideas how to improve upon what we have done so far and to make even more innovative steps. Of course I can't say too much about them now. But in time you will see

@HippieTech

Sorry you had some problems there, no the casino is not a scam XD... In fact it is run by me! XD

I have been having some family troubles of late and actually going through a split with my ex partner and 3 kids, so as you can imagine it is a bit of a tough time right now. Also the internet was in her name and for some reason talktalk's "homesafe" was activated and prevented me from accessing the admin panel to process withdrawals.

I was alerted to your problem and sorted it as fast as I could. Also it seems that emails were not sent to you or maybe you used a different email? I'm not sure, but they were not confirmed so I didn't process right away just to be sure it was you making the withdrawals to keep your coins safe. That's all bud, but again sorry that you had the problems.

@CrazyLoaf

To get the best PIR you need to have them in one address and 1 block.

@coinerer

Yeah it's really not such a crazy interest for sure and we feel we got in pretty spot on, we didn't want to do something too weak like 3% a year etc, and nothing too wild. So we settled in the middle.

@dandybtc

Hi Dandy! Thank  you very much, so glad that you like what we are doing so far, sorry I have not been around all too much but read hippietechs reply to find out why XD

But it's okay I am still here and will remain, we were working on the ANN thread also over the past week or so and I have the various other duties to do but we will endeavour to get these questions answered faster in the future.

1. Yes you can encrypt your wallet but you need to unlock it for staking only. You will still be asked for your password when you attempt to send any coins so don't worry, your coins will be safe.

2. We have OWI (Open Wallet Incentive) which means that you have to stake once per month at least to get the full reward. So no you don't HAVE to have it open all the time, but atleast make sure you stake once per month. Having your wallet open however does help to secure the Network and so therefore it benefits you.

3. Please see the reply to vsmamm for this answer

4. I believe this is answered in number 1 but if you meant something else please let me know.

Again, thanks so much for your support and kind words

And as for the wallet, sure it is a work in progress and to be honest we have some big changes up ahead for it, but like anything else it does take time. I have briefly heard of superNET XD I don't have time to look at it to be honest but rest assured, we lead the way, we don't follow

@tokyoghetto

Thanks bud glad you're happy so far, I too think it has been going very well, we're very pleased with the way things are going. But still as always improvements need to be made and we are working as hard and as fast as we can to make them. Some progress has been made on the android wallet front I hear from who, so that is awesome news.

Hey Tokyo,

Thanks for the support!  We're working really hard to continue to grow with everyone on NETCOIN.  We have just implemented a bunch of new protocols for the coin, that gives back tremendously to users (and at the same time makes the coin even safer from traditional POS and even POSv threats).


Hey Dandy,

Yup   We are working pretty much day and night on some new developments...so our apologies on being somewhat absent on here.  Till we get some more people on board who would want to spearhead PR/media, we have to divide our time as best we can.  I'm actually going to be transitioning a bit more into social relations for NETCOIN, so you should see me (SnappySnap) popping in more on threads, etc.  For extremely technical questions though, I'll be passing along to our DEV's to make sure any issues or problems are taken care of by the best!


Hey HippeTech!

Glad we got it all sorted out.  Thanks for giving us the heads up on some of the issues you were experiencing.  We'll take a look through to see if there are issues on our end and if we need to make changes, we'll be sure to do so.  We wanted to the casino, much like the rest of NETCOIN, to be for people, and a way to further "use" crypto.  We firmly believe that for crypto to continue to grow, transparency, security, and well, a principal of working together must be established.  So, our apologies if you felt that the casino was or had been set up in some way to try and take advantage of you. 


Hey DandyBTC!

Great suggestions, and...absolutely!  One of our development projects (see here:http://development.netcoinfoundation.org/) is actually for a wallet re-skin.  Do you have any interest in being part of this?  As we are a community all working together on this coin, we're always open to suggestions, input, and help!

Alright everyone...Make sure you go take a look at the new ANN thread header!  We have more to come!

Netcoin is looking good and stable. great work.