Topic: [ANN] $SPRTS - Download New Sprouts Wallet Release 2.2.2 - Join us on Cryptopia - page 40. (Read 75066 times)

What has happened? Is the volume to low?

   
Here is
a great THANK YOU to the team
 

COPY   OF sprout Community forum


As this is a major update we have created a separate topic to keep the general updates topic as clean as possible.

Introduction
The current Sprouts wallet has an high PoS reward (10% after 5 days plus 2% every next day). This PoS reward has resulted in a (near) exponential growth of the total supply and as a result, a devaluation of the currency which in turn makes it very hard to trade; there is very little room to trade as the value is below 1 satoshi.

The bottom line is, if we don’t make some serious changes soon, no amount of sun and water will keep sprouts… Sprouting?

Combining views
We as coreteam all have different backgrounds, knowledge and views. Together we form a social multidisciplinary team with the same goal: a successful relaunch of Sprouts that’s good not just for the community, but also for the entire world.

We have taken on board your votes and opinions and combined them with our views and have come up with what we believe, is a great future for Sprouts and for the planet.

Results
Total Supply: reduction of 3 decimals
We have decided to reduce the total supply by 3 decimals. Our assumption is that when reducing the price by 3 decimals the value will increase by 3 decimals. This will make it easier to trade (with Bitcoin). Eventually this will resolve the “1 satoshi sellwall” on the market. The exact number of the new total supply will be between 300 million and 500 million.

Example:
If at the time of the reduction the existing total supply is 800 Billion and the new total supply is 300 Million and you hold 230 Million Sprouts, here’s the calculation:

800,000,000,000 (total supply at reduction) divided by 300M (new total supply, after reduction) equals 2,666.

Your holding at the time of the reduction, divided by 2,666 equals your new holding.

If I had 230 Million Sprouts before the reduction, I’d have 86,271.56 Sprouts after the reduction.

Reward: annual reward 8%
The votes from the team and the community resulted in a 8% annual reward. Our experts have experience with altcoins with annual rewards between 5 and 10% and they seem stable. We also thought 8% would be a fair reward. It is much lower than we are all used to, but we do not want the old scenario fast growing total supply, to occur. 8% has also a great symbolic value, we think, considering we have a coreteam of 8 and the symbol 8 is infinite as are the possibilities for Sprouts.

Reward paid in days
To keep the markets in continuous movement and to make sure people soon experience the positive effects of staking through the wallet, we have chosen for a daily reward. This reward will be a fraction of the 8% reward and will be calculated very precise so Sprouts does not have the cumulative percentage (percentages adding up every day, reaching a combined grand total annually) issue Sprouts has with the current wallet.

Reward split up
Staking will result in a 8% annual reward, paid daily. The reward will consist of three parts: net reward, charity and research and development.
84% of the annual reward will go directly to the wallet owner, then 8% for charity and 8% for R&D. These funds will be directed to two central addresses and will be used for charities (the community will have a say regarding which charities will be supported) and research and development (marketing, costs, etc.).

Conclusion
The total supply and the reward will be reduced significantly. The reward will be split as discussed in three parts: reward owner, charity and research and development. We expect that the parameter changes will result to begin with, with a significantly higher value, a stronger position on the exchanges/markets, more trades, etc… We hope the charity and research and development funds will eventually add a new dimension to Sprouts plus create a stronger base because of the increasing financial possibilities.

Coming soon
Estimated deadline wallet launch
Why estimated? The duration of the process depends on our next choices. The same applies to the roadmap (including the tech roadmap).

Stay tuned for a further update within seven days from this post.

Major Update: New Wallet Parameters (outcome vote)

https://sprouts.community/t/major-update-new-wallet-parameters-outcome-votes/325/

I already post about put wallet not for roaming that will make c drive full. My options look vc++ runtime update  (try see on sprouts community)

Before doing any experimenting be sure that you have made several back copies of your wallet.dat file.

A "runtime" error can be fixed by deleting the /roaming directory that holds the files for the blockchain (it also holds the wallet.dat file), and starting over. That is, re-install the wallet and let it sync up, then replace the wallet.dat file with a copy of one that you had saved.

This seems to just be an announcement for some other new coin called: "Revive coin".  It won't affect anyone here, but anyone holding sprouts can take advantage of their airdrop offer since no one here needs to move any sprouts coin off their wallet.

Sadly, I can't take advantage of this since none of my addresses are in the top 100 rich list.  All of my addresses hold less than 1 billion each, because getting close to holding 2 billion in any one address causes problems for staking.

Does anyone know how to fix a runtime error.

ALERT!

People, just follow sprouts.community for updates on the revival of Sprouts. Sprouts development team does not know about this action and does not support it!

PS: I am a Sprouts Dev

PRE-ANN FOR HOLDER OF: MICE, USA, STRONGHANDS, SPROUTS

PRE ANNONUNCING 'REVIVE COIN '

!!!! I am posting on behalf the dev team, I am not the dev !!!!

Our goal is to promote growth and happiness for the world. This is why our first work is to help communities that have fallen into the trap of abandoned Developers and exchanges. We are bringing these communities together so we can all grow and rebuild together. Once we bring the communities together and create stability, we plan to promote whitepapers and a roadmap to create both features and a function of use to assure the survival and longevity of the coin and community. The coin will have some real use like building paid to click website where you will get paid in REVIVE, web based games, donating to cause and charity, etc.

There will be a blockchain capture in 12 October 2017 01:00 UTC TIME (Make sure your coin in your wallet, you will need to signing address from your wallet to claim REVIVE)

We will DISTRIBUTE THE REVIVE COIN to holder of mentioned coin. This is not swap, but airdrop that distributed proportinally to your holding.

So, you still keep your existing coin + REVIVE COIN distributed proportionally to your holding.

The REVIVE coin will be distributed to top 100 holder. To be eligible for airdrop, make sure you have the coin in your wallet and make sure your address is in top 100 richlist.

Block explorer for MICE: http://92.87.236.123:3001/
Block explorer for USA: http://185.223.30.196:3001
Block explorer for Stronghands: https://cryptobe.com/chain/StrongHands
Block explorer for Sprouts: https://chainz.cryptoid.info/sprts/#

For more info always follow @poscoin and @poscoinchannel

I've transferred some to an exchange and created a new wallet. The problem is the wallet shows in the search, but not on the rich list. What I don't understand is the old wallet doesn't update on the blockchain it doesn't show new transactions in the balance only in the transaction Ids. I don't understand I will do the rescan later. I'll update you on the progress.Thanks.

You're welcome m8. I'm glad that my tip helped you.

Dear Megumi143, please first make a copy of your wallet.dat then do the above procedure that I quoted. It will save your time.
As it worker for grinmoure, I hope it will work for you too.

Guys, Thanks for your help. Question. This message says wallet voting deadline 10/4 does that mean I had to be on the new wallet before 10/4 ? or is it ok I'm still on the older version.

Also I found the problem on the blockchain it shows to of my recent inputs as negative subtracting from my balance as if it was transferred. I never transferred anything and it shows it was transferred and the address immediately was 0.0. So it's definitely an input and it thinks it's was a withdraw that's on the blockchain, my wallet knows it was a withdraw.

I also typed repair wallet in the console and it comes back as passed true.

I'm scared to do the rescan because I'm worried that it will change my wallet balance and I know my wallet balance is correct.

I was thinking of transferring the coins into a new wallet. What do you think.

I also sent some to the new wallet they show in the wallet but the wallet doesn't show in the rich list. So I'm worried if I send them all there none of my coins will show and I won't receive anything for the swap.

Don't know what to do.

The issue the coin is having is rather basic.  Its inflation is so high that its circulation is exponential.  If something wasn't done it would soon price itself out of every trading pair, and then the exchanges would begin to delist it.  So the coin is killing itself.  Death by high inflation.  

If sprouts had continued on its current path you would not be able to sell it for doge, since no one would be able to post a buy order for less than a doge-toshi, or even a moon-toshi.

This just happened to mousecoin, if you wish to look at an example.

A little disappointed that the community voted to essentially make Sprouts less of a staking coin.  I'm not sure what the issue was.  It's liquid in DOGE then I buy LTC with the new DOGE.  It's been working well for me all this time.  If you remove the high % then you're hoping for price appreciation?  There would have to be a purpose before that happened. 

Thank you so much.  I actually had a coin count problem with a different coin and your tips worked!

Thanks, I lost a lot to staking. I feel sick to my stomach. I have it working but the block chain doesn't show the same balance I have. I was just thinking of transferring everything out to an exchange (loading a new wallet) and transferring it into the new wallet. But if it doesn't work I try your suggestion I just hope thier is enough time before the swap.

Ops  I forgot to say one thing in my last post (which is very important). Don't forget the tip that is given by arcmetal, so I wanna quote his tip.


And if you know how to export private key then make a private key of your sprouts address. And write down in a safe place (a paper or an external drive).

Exactly!
And if none of the above works then you need to import your private key into a fresh new wallet with a brand new blockchain sync. This should always be your very last option and you absolutely need to save your privkey before attempting it. I first had to use this method for a corrupted wallet.dat file on a different coin. Private key is the ultimate backup.

Dear friend, open your wallet then click on "Help" then click on "Debug window".
It will open debug window with two tabs "Information" and "Console".
In the "Information" tab check your "Client Version" (wallet version). If it shows your wallet version is "v0.1.2.2-gd0cbc83" then go to "Step 2" else go to "Step 1".

Step 1:
Go here and find the download link of Wallet and BlockChain Snapshot.
https://sprouts.community/t/sprouts-blockchain-snapshot/119
Download the wallet and the BlockChain Snapshot.

Step 2:
Now click on "Console" tab. There will be a command line, write there "checkwallet" (without quotation mark) and press enter.
If it shows the following message that means your wallet showing right amounts.
{
"wallet check passed" : true
}

And if it shows other message that means your wallet showing wrong amounts. (Probably it will show an amount with negative sign.)
Then in the command line write "repairwallet" (without quotation mark) and press enter.
After few minutes it will show a message that wallet reparation is complete.

Then close your wallet and reopen your wallet. I hope now your wallet will show right balance.