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Topic: [ ANN ] SAT² - A new dawn - PoS - No Premine - page 26. (Read 133187 times)

hero member
Activity: 644
Merit: 500
How much longer do we have to mine?
everything is on OP.you just need to read Grin
newbie
Activity: 38
Merit: 0
think theres 20 days of Pow.Im sure thats right ,its to ensure the PoS transitions smoothly and gives enuff time for it to start and begin to mint etc
newbie
Activity: 8
Merit: 0
How much longer do we have to mine?
member
Activity: 67
Merit: 10
Some blocks are worth a lot?

1676   2014-06-30 02:40:59   2   2933.807807 (coins)   4.233   7792566.8   1.56429   36.2137   0.0416848%

thats tx fee?
member
Activity: 63
Merit: 10
can't seem to find a SAT2 wallet for mac whats up with that? can anyone point me in the right direction??
member
Activity: 81
Merit: 10
Where do we think the price will settle?

Somewhere between 3000 and 5000 Satoshi in the short term.  A little higher if the transition is smooth.

If the dev team keeps working and communicating, I can see us creeping up to 12,000, maybe even 15,000 over the next few weeks. Longer term, it's really a function of innovative development, adoption of the coin, etc.

This all assumes none of the P&D groups hit the coin. If they do, all bets are off. Could go to 60,70k overnight, and crash down to 1000 or lower just as quickly.
member
Activity: 67
Merit: 10
How exactly can you change old sat into new sat anyway? Devs have the power to make money out of thin air?
bro have u read anything on OP it all there.please people read before u put up pointless post
It will be launched on 30th June 2014, converting automatically all existing old SAT coins into the new SAT² currency.

The change will be completely transparent for users, that will have their SAT moved to SAT² and ready for new market.

That doesn't tell me anything.  There are coins from a new blockchain now.  How can you put more coins in than aren't created yet by proof of work or proof of stake.  I don't understand how this is possible. Unless the devs are mining and going to give those coins to people...
The coins for the transiton can be found at block 1:
http://213.179.192.79/block/00000827c41d4beee793a6d6cac60e934243d5dbbba0c7ef6a8b0b04691fe194

Ohh. I see. 

"moneysupply" : 7790926.80000000

They are there.
member
Activity: 110
Merit: 10
Where do we think the price will settle?

100k easy  Grin
newbie
Activity: 38
Merit: 0
Where do we think the price will settle?
newbie
Activity: 41
Merit: 0
how the heck has some SAT² already been traded on bittrex i thought the conversion was tomorrow?
Mining started a few days ago (Scrypt). I have a nice pile already.

The rest of the conversion is tomorrow - for the SAT, but we have to mine for a few weeks to keep the blockchain moving.

POS kicks in along the way.
full member
Activity: 233
Merit: 250
how the heck has some SAT² already been traded on bittrex i thought the conversion was tomorrow?
newbie
Activity: 21
Merit: 0
full member
Activity: 156
Merit: 100
Have you tried to delete the blockchain?

You can use the following nodes:
addnode=107.170.136.42
addnode=66.172.12.153
addnode=54.84.243.125

Deleted blockchain, added (replace olds) yours nodes.
And try sync again.
Is working but 125620 blocks left Wink

Thanks
You're welcome. If you have any issues let me know.
full member
Activity: 238
Merit: 100
Have you tried to delete the blockchain?

You can use the following nodes:
addnode=107.170.136.42
addnode=66.172.12.153
addnode=54.84.243.125

Deleted blockchain, added (replace olds) yours nodes.
And try sync again.
Is working but 125620 blocks left Wink

Thanks

EDIT: wallet was sync OK Smiley I sent SAT to Mintpal , was confirmed in wallet and visible as PENDING in MintPal.
Need wait for 999 confirmations  (~24 h??? Smiley

full member
Activity: 156
Merit: 100
EDIT: Walet is not sync. Left: 37409 blocks (not move any block).
I have only 7 active connections.
Have you tried to delete the blockchain?

You can use the following nodes:
addnode=107.170.136.42
addnode=66.172.12.153
addnode=54.84.243.125
full member
Activity: 238
Merit: 100
Are you using the latest SAT wallet? The latest windows wallet is v2.2.2.0

No, old wallet 2.0.0.0 (from february).

I download now 2.2.2.0 and try it. Thanks for info.

EDIT: Walet is not sync. Left: 37409 blocks (not move any block).
I have only 7 active connections.

full member
Activity: 156
Merit: 100

.....
But I can't send coins to Mintpal ... :/
So 30 june is last day of conversion ? or conversion can be done few days more?

Best Regards.
Are you using the latest SAT wallet? The latest windows wallet is v2.2.2.0
full member
Activity: 156
Merit: 100
How exactly can you change old sat into new sat anyway? Devs have the power to make money out of thin air?
bro have u read anything on OP it all there.please people read before u put up pointless post
It will be launched on 30th June 2014, converting automatically all existing old SAT coins into the new SAT² currency.

The change will be completely transparent for users, that will have their SAT moved to SAT² and ready for new market.

That doesn't tell me anything.  There are coins from a new blockchain now.  How can you put more coins in than aren't created yet by proof of work or proof of stake.  I don't understand how this is possible. Unless the devs are mining and going to give those coins to people...
The coins for the transiton can be found at block 1:
http://213.179.192.79/block/00000827c41d4beee793a6d6cac60e934243d5dbbba0c7ef6a8b0b04691fe194
full member
Activity: 238
Merit: 100
That doesn't tell me anything...


I think they agreed conversion with Mintpal.

On OP is info:
"
Automatic Transition to SAT²: after explaining our future plans to Mintpal, they agreed with us to do the move to SAT² as simple as possible, giving everyone the time to be ready. On Monday 30th June 2014 (exact time to be specified) all the SAT coins on Mintpal will be moved to SAT2 at the same rate of new supply (1 SAT² will be worth 1000 SAT), instantly ready for the completely new SAT² / BTC market. New blockchain will be released on Friday 27th if June to guarantee a working chain on Monday 30th June.
"


.....
But I can't send coins to Mintpal ... :/
So 30 june is last day of conversion ? or conversion can be done few days more?

Best Regards.
member
Activity: 67
Merit: 10
How exactly can you change old sat into new sat anyway? Devs have the power to make money out of thin air?
bro have u read anything on OP it all there.please people read before u put up pointless post
It will be launched on 30th June 2014, converting automatically all existing old SAT coins into the new SAT² currency.

The change will be completely transparent for users, that will have their SAT moved to SAT² and ready for new market.

That doesn't tell me anything.  There are coins from a new blockchain now.  How can you put more coins in than aren't created yet by proof of work or proof of stake.  I don't understand how this is possible. Unless the devs are mining and going to give those coins to people...
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