What a pain!!
Topic: (ANN) Netcoin has gone POS! With PIR & OWI - page 60. (Read 142167 times)
Cryptsy wallet down for 'maintenance'.
What a pain!!
What a pain!!
Smooth!!!!!!!!!
Staking!! 
5 blocks to go!
[bump]
Get ready for Block 420,000!
Approx 2 hours to go now.
Everybody must upgrade to the very latest wallet!
note that a critical issue was fixed over the weekend, please see post #43 above to check you are on the correct wallet.
who (Netcoin Developer)
Get ready for Block 420,000!
Approx 2 hours to go now.
Everybody must upgrade to the very latest wallet!
note that a critical issue was fixed over the weekend, please see post #43 above to check you are on the correct wallet.
who (Netcoin Developer)
I note that my latest wallet version has two small coin piles where you seem to have a padlock (bottom right corner).
Still correct version?
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[bump]
Get ready for Block 420,000!
Approx 2 hours to go now.
Everybody must upgrade to the very latest wallet!
note that a critical issue was fixed over the weekend, please see post #43 above to check you are on the correct wallet.
who (Netcoin Developer)
Get ready for Block 420,000!
Approx 2 hours to go now.
Everybody must upgrade to the very latest wallet!
note that a critical issue was fixed over the weekend, please see post #43 above to check you are on the correct wallet.
who (Netcoin Developer)
wallet is looking good chaps, very nice!
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Activity: 194
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[bump]
Get ready for Block 420,000!
Approx 5 hours to go now.
Everybody must upgrade to the very latest wallet!
note that a critical issue was fixed over the weekend, please see post #43 above to check you are on the correct wallet.
who (Netcoin Developer)
Get ready for Block 420,000!
Approx 5 hours to go now.
Everybody must upgrade to the very latest wallet!
note that a critical issue was fixed over the weekend, please see post #43 above to check you are on the correct wallet.
who (Netcoin Developer)
Netcoin Foundation
thx for the quick answer! Did that already! Let POS/PIR come !!!!! YAY!!!!
thx for the quick answer! Did that already! Let POS/PIR come !!!!! YAY!!!!
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Yes, simply clone the github and compile the netcoind.
git clone https://github.com/netcoinfoundation/netcoin.git
cd netcoin/src
mkdir obj
make -f makefile.unix "USE_UPNP="
You'll be good to go!
Some of the exchanges maintain their own version of the wallet. I mentioned the important commit for their benefit.
git clone https://github.com/netcoinfoundation/netcoin.git
cd netcoin/src
mkdir obj
make -f makefile.unix "USE_UPNP="
You'll be good to go!
Some of the exchanges maintain their own version of the wallet. I mentioned the important commit for their benefit.
netcoind users
Make sure you have picked up and compiled the commit 'Prevent potential PIR calc. overflow' from Saturday 23rd August
https://github.com/netcoinfoundation/netcoin/commit/293c815327ef374f6b044e6332f74c6b819aecdc
Just get the latest wallet software download from the netcoinfoundation.org site, or recompile from the netcoinfoundation/netcoin github repository.
http://www.netcoinfoundation.org
https://github.com/netcoinfoundation/netcoin
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Get ready for Block 420,000!
Everybody must upgrade to the very latest wallet!
Everybody must upgrade to the very latest wallet!
netcoind users
Building netcoind:
git clone https://github.com/netcoinfoundation/netcoin.git
cd netcoin/src
mkdir obj
make -f makefile.unix "USE_UPNP="
Note for multipools/exchanges:
If you maintain your own version of the wallet code, make sure you have included the commit 'Prevent potential PIR calc. overflow' from Saturday 23rd August
https://github.com/netcoinfoundation/netcoin/commit/293c815327ef374f6b044e6332f74c6b819aecdc
netcoin-qt users
You should update now to make absolutely sure we are on the same software when block 420,000 is reached.
The correct wallet looks like this at the bottom of the overview page:
Correct wallet with POW and POS statistics panels
If you have already re-downloaded the block-chain for the 2.1 wallet, you do not need to do this again
Just get the latest wallet software download from the netcoinfoundation.org site, or recompile from the netcoinfoundation/netcoin github repository.
http://www.netcoinfoundation.org
https://github.com/netcoinfoundation/netcoin
I'm excited and looking forward to the switch over on block 420,000
http://forum.netcoinfoundation.org/post/10528
who (Netcoin Developer)
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So if I have 1 million coins, I need to divide them up into 10 100k Netcoin blocks? how will the client know I need to earn 80%?
Or do I just keep my 1 million coins in one block to earn the 80%?
Or do I just keep my 1 million coins in one block to earn the 80%?
80% interest?
WHAT?
Please tell me the devs aren't diluting this coin by that much.
5% interest PER YEAR would have been plenty and 10% would have been generous.
Wow.
So can someone clarify cause I have 1 million NET in an exchange where I'm obviously not getting any stake.
Thanks!
Hi Vlad...
Well... It sounds to me like you are set for staking, all you need to do is take it off the exchange and you're good to go... If you read through the thread who gave a great explanation to it all... It is post #29. You also haven't missed out on any staking yet as staking hasn't even begun yet. It will be kicking in very soon though. Should be within 24 hours now.
I mean there are many coins that give a standard set 5-10% I have seen these threads often and people will say... 5%? Are you a bank? XD
You will never be able to please everyone unfortunately, we wanted to make something different to give Netcoin an edge and we think we achieved that. On the whole most are very happy with it so far.
Also to note not everyone stakes, not everyone will be getting 80% a year...
Also in years 2 and 3 the gap closes between the higher and lower rates.
Hope this helps.
Netcoin Developer
Meee
EDIT: Also Vlad, since we released the news volume has gone up and the price has gone up, so I think this is a great indication of how most people feel about the new reward system.
So if I have 1 million coins, I need to divide them up into 10 100k Netcoin blocks? how will the client know I need to earn 80%?
Or do I just keep my 1 million coins in one block to earn the 80%?
Or do I just keep my 1 million coins in one block to earn the 80%?
80% interest?
WHAT?
Please tell me the devs aren't diluting this coin by that much.
5% interest PER YEAR would have been plenty and 10% would have been generous.
Wow.
So can someone clarify cause I have 1 million NET in an exchange where I'm obviously not getting any stake.
Thanks!
Oh oh oh, I think I know. I'm excited. 
I think it will help out.
I think it will help out. full member
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Hey guys! Glad you are happy with the way things are going! We'll keep on improving and letting you guys know here and on the forum when we make further improvements and when projects get funded! We'll also let you know when we expect the task to be completed etc.
I have a feeling that Android wallet will be our next big task and I can not wait to get our teeth into that one! It is long overdue but we'll get something done in our own unique fashion.
We also have a few more things we would like to do with the wallet, I won't say too much just yet and it won't be a fundable thing for that reason... But I think it will be awesome and really help people out!
I have a feeling that Android wallet will be our next big task and I can not wait to get our teeth into that one! It is long overdue but we'll get something done in our own unique fashion.
We also have a few more things we would like to do with the wallet, I won't say too much just yet and it won't be a fundable thing for that reason... But I think it will be awesome and really help people out!
It's great to see something moving here with NetCoin. The new wallet looks awesome, and thanks for the clear explantions of the new POS coming up in 1-2 days from now.
Thank you for the detailed explanations of the upcoming hard fork/transition! Also the new wallet looks great. Keep up the good work!
As was pointed to me, don't forget to donate to help keep netcoin moving forward! http://development.netcoinfoundation.org/
Have a Great Day!
As was pointed to me
, don't forget to donate to help keep netcoin moving forward! http://development.netcoinfoundation.org/Have a Great Day!
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Activity: 194
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Hi irond, glad you're happy with everything so far, but if there is ever anything you would like to see in the future then don't hesitate to let us know! Also I have a little addition for you... I have updated the windows Qt with POW stats on the overviewpage and I added a block ex too, you'll find that in the services tab
http://netcoinfoundation.org/
You can grab the updated windows client form the official info site.
And yes looks like there has been some more activity in the markets Bigj, long may it continue!
Ohhh and less than 24 hours till switch over to POS now! Exciting times! I can not wait to get my Netcoin stake on!
http://netcoinfoundation.org/
You can grab the updated windows client form the official info site.
And yes looks like there has been some more activity in the markets Bigj, long may it continue!
Ohhh and less than 24 hours till switch over to POS now! Exciting times! I can not wait to get my Netcoin stake on!
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