Topic: [ANN] Signatum - New Algorithm - Fair Launch - No Premine - page 158. (Read 823897 times)
Well if what Cryptopia guys are saying about sigt wallet is true it'll be last drop for me. So far we have a "marketplace" that looks as if it was drawn by a drunk amateur student and is totally not functional, buggy web wallet that works only occasionally and now this. All questions to devs are answered in standard "fuck off, it's beta" manner by doc. And nothing that's done for the coin by community members is getting any reward from doc and his team. More and more looks like some kind of a sigt's witnesses club.
Inspiration for devs to keep on the good work! FUCK YEAH!
bitcoin-down, Signatum-up!
But wouldn't the SIGT you just bought need to be deposited into your wallet? Or the SIGT you just sold be withdrawn from it and put in someone else's?
No fi that was true you wouldn't be able to sell them right after you buy. You'd have to wait for the confirmations in your wallet before the exchange would let you sell again
IDK the details. But exchanges can't work the way you're describing
Why would they need to wait for confirmations for transactions between the wallets they control? They can choose whatever number of confirmations they like before they credit or debit you. They know there won't be any problems with the blockchain accepting the transactions. But you're right in that there's more going on that maybe someone else can explain.
As far as I know an exchange uses their own internal ledger to know who owns what and the exchange "owes" you those coins.
I know that ETH for example is a smart contract wallet that is generated. When it arrives it is transfered to the exchanges main ETH wallet that holds all the coins for all users. The unique wallet ID generated is just so they know who sent the coins so they can maintain their own ledger. After that the coins are collected into a single wallet.
When you withdraw funds it is taken from this main account.
https://mycryptostats.com
That makes sense. But what, exactly, needs to be rebuilt and resynced if the unique wallet ID's are just transitory addresses & there's an internal ledger for a single "communal" wallet? Maybe I'm just overthinking it.
EDIT: I guess they're rebuilding and resyncing their "communal" wallet (and all the addresses) while maintaining the ledger of internal transactions. It's not about users' wallets at all. Took me a while to wrap my head around it.
But wouldn't the SIGT you just bought need to be deposited into your wallet? Or the SIGT you just sold be withdrawn from it and put in someone else's?
No fi that was true you wouldn't be able to sell them right after you buy. You'd have to wait for the confirmations in your wallet before the exchange would let you sell again
IDK the details. But exchanges can't work the way you're describing
Why would they need to wait for confirmations for transactions between the wallets they control? They can choose whatever number of confirmations they like before they credit or debit you. They know there won't be any problems with the blockchain accepting the transactions. But you're right in that there's more going on that maybe someone else can explain.
Uhhh these wallet problems should show you they don't know that for sure
They could do it that way, again i don't know.
But I would say that's obviously inferior to just crediting and debiting it as you suggested. Makes no sense to have all the coins on the exchange in separate wallets for each account.
Edit - and the transaction fees. . . makes no sense
Yes agreed, the transaction fees are probably the biggest factor to avoid operating this way. Didn't think about that.
https://mycryptostats.com
But wouldn't the SIGT you just bought need to be deposited into your wallet? Or the SIGT you just sold be withdrawn from it and put in someone else's?
No fi that was true you wouldn't be able to sell them right after you buy. You'd have to wait for the confirmations in your wallet before the exchange would let you sell again
IDK the details. But exchanges can't work the way you're describing
Why would they need to wait for confirmations for transactions between the wallets they control? They can choose whatever number of confirmations they like before they credit or debit you. They know there won't be any problems with the blockchain accepting the transactions. But you're right in that there's more going on that maybe someone else can explain.
Uhhh these wallet problems should show you they don't know that for sure
They could do it that way, again i don't know.
But I would say that's obviously inferior to just crediting and debiting it as you suggested. Makes no sense to have all the coins on the exchange in separate wallets for each account.
Edit - and the transaction fees. . . makes no sense
But wouldn't the SIGT you just bought need to be deposited into your wallet? Or the SIGT you just sold be withdrawn from it and put in someone else's?
No fi that was true you wouldn't be able to sell them right after you buy. You'd have to wait for the confirmations in your wallet before the exchange would let you sell again
IDK the details. But exchanges can't work the way you're describing
Why would they need to wait for confirmations for transactions between the wallets they control? They can choose whatever number of confirmations they like before they credit or debit you. They know there won't be any problems with the blockchain accepting the transactions. But you're right in that there's more going on that maybe someone else can explain.
As far as I know an exchange uses their own internal ledger to know who owns what and the exchange "owes" you those coins.
I know that ETH for example is a smart contract wallet that is generated. When it arrives it is transfered to the exchanges main ETH wallet that holds all the coins for all users. The unique wallet ID generated is just so they know who sent the coins so they can maintain their own ledger. After that the coins are collected into a single wallet.
When you withdraw funds it is taken from this main account.
https://mycryptostats.com
After a couple of hours, I thought the price would go back down again. It seems to be holding at the moment above 1k sats. Let's see what happens.
But wouldn't the SIGT you just bought need to be deposited into your wallet? Or the SIGT you just sold be withdrawn from it and put in someone else's?
No fi that was true you wouldn't be able to sell them right after you buy. You'd have to wait for the confirmations in your wallet before the exchange would let you sell again
IDK the details. But exchanges can't work the way you're describing
Why would they need to wait for confirmations for transactions between the wallets they control? They can choose whatever number of confirmations they like before they credit or debit you. They know there won't be any problems with the blockchain accepting the transactions. But you're right in that there's more going on that maybe someone else can explain.
Signatum on cryptopia pumping up. Will keep going. Very limited supply. No withdraws/deposits.
Weak hands shaken out. Moon time.
Weak hands shaken out. Moon time.
weak hands. . .
Says the bag holder.
lol
Some people
No. I actually made 5 figures on this coin. Nice try though! You will soon realize sigt was being bought all the way down for a reason.
"made 5 figures"
and lost a lot more watching it fall form 4k to 700 sats
Are you retarded?
You're a bag holder
There is a reason they call it opportunity COST even if it rises 100x over the coming year.
Not everyone is as inexperienced as yourself to hold through peaks.
But wouldn't the SIGT you just bought need to be deposited into your wallet? Or the SIGT you just sold be withdrawn from it and put in someone else's?
No fi that was true you wouldn't be able to sell them right after you buy. You'd have to wait for the confirmations in your wallet before the exchange would let you sell again
IDK the details. But exchanges can't work the way you're describing
This is probably a stupid question, but how can you buy/sell SIGT on Cryptopia if the wallets aren't working? Aren't they removed from or added to the wallets that are being rebuilt & synced?
The problem at the moment prevents deposits and withdrawls but you can still sell and buy as long as you leave them on the exchange for now.
https://mycryptostats.com
But wouldn't the SIGT you just bought need to be deposited into your wallet? Or the SIGT you just sold be withdrawn from it and put in someone else's?
This is probably a stupid question, but how can you buy/sell SIGT on Cryptopia if the wallets aren't working? Aren't they removed from or added to the wallets that are being rebuilt & synced?
The problem at the moment prevents deposits and withdrawls but you can still sell and buy as long as you leave them on the exchange for now.
https://mycryptostats.com
This is probably a stupid question, but how can you buy/sell SIGT on Cryptopia if the wallets aren't working? Aren't they removed from or added to the wallets that are being rebuilt & synced?
It was certainly time to see some upwards motion. I like to see a little action on the coins I am holding. Maybe even the time to exchange my cryptopia batch and get of there
Nice to see some movement upward but at this point I just want to pull my coins off of Cryptopia. I'm going to be pretty pissed if I can't get them off there before the transition to PoS.
And on which exchange are they better traded? Or do you want to put it on a purse?
Nice to see some movement upward but at this point I just want to pull my coins off of Cryptopia. I'm going to be pretty pissed if I can't get them off there before the transition to PoS.
Nice. so it recommended to store it from the local wallet (windows)?, Anyway is there any specific date to confirm that the POW will be end? Thanks
From block 98500 it will be hybrid POW and POS and full POS from block 100000. At this rate we are looking at around the 30th on this month. Local wallet is probably your best bet. Although you can apprently stake on the web wallet too.
https://mycryptostats.com - a crypto currency dashboard
Nice to see some movement upward but at this point I just want to pull my coins off of Cryptopia. I'm going to be pretty pissed if I can't get them off there before the transition to PoS.
Glad to see SIGT price moving again. For all those who have been complaining about SIGT and see no future in this coin, once you gain some profit, you can sell all your coins and leave the thread.
profit is not less than X100!
Nice to see some movement on SIGT. Looking forward to POS.
I created myself a site to track all my coins and miners. Others might find it useful, have a look https://mycryptostats.com
I created myself a site to track all my coins and miners. Others might find it useful, have a look https://mycryptostats.com
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