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Topic: [ANN][1000 SYNC] Proof of Stake now run by BLOCKCHAIN DEVELOPMENT COMPANY - page 457. (Read 816006 times)

legendary
Activity: 2165
Merit: 1002
I have the latest wallet, conf file in appdata named sync.conf and a few coins for over 12 hrs sitting in my wallet

How come I still cant sync wallet and not mature coins staking?
hero member
Activity: 751
Merit: 500
I just had a thought. Correct me if I'm wrong, but I think PoS blocks aren't generating because there is no PoS. All 1,000 coins were mined during PoW so there's nothing left to stake.


You are wrong. There are total 10k coins. 1000 for PoW and rest for PoS.

That isn't indicated in the OP at all... Total Coins: 1,000. No where does it say anything about another 9,000 for PoS.


Total PoW coins and Maximum coin. There is a big difference. Kindly read the code if you have any confusion.
full member
Activity: 126
Merit: 100
I just had a thought. Correct me if I'm wrong, but I think PoS blocks aren't generating because there is no PoS. All 1,000 coins were mined during PoW so there's nothing left to stake.


You are wrong. There are total 10k coins. 1000 for PoW and rest for PoS.

That isn't indicated in the OP at all... Total Coins: 1,000. No where does it say anything about another 9,000 for PoS.

at 1% pa it will take a really long time to get to mine all 9000 even if everyone holds and stakes, which they won't so it will take a really long time. It has been discussed in the thread already.

If all 1000 coins sit in wallets staking it will take 235 years to cap out at 10k.
member
Activity: 102
Merit: 10
I just had a thought. Correct me if I'm wrong, but I think PoS blocks aren't generating because there is no PoS. All 1,000 coins were mined during PoW so there's nothing left to stake.


You are wrong. There are total 10k coins. 1000 for PoW and rest for PoS.

That isn't indicated in the OP at all... Total Coins: 1,000. No where does it say anything about another 9,000 for PoS.

at 1% pa it will take a really long time to get to mine all 9000 even if everyone holds and stakes, which they won't so it will take a really long time. It has been discussed in the thread already.
sr. member
Activity: 336
Merit: 250
I have turn my p2pool node up again with the latest wallet:

EU server: http://p2poolcoin.com:7474
Canada Server: http://ca.p2poolcoin.com:7474
full member
Activity: 224
Merit: 100
So should the new wallet I installed be able to sync or does something have to be fixed before that happens?
member
Activity: 102
Merit: 10
when does Dev fix blockchain ? my transaction spend 4 hours for 2 confirmations.

I've just updated wallet and done as Post 1, my Sync wallet in out of sync with 8 connections


did you setup the Sync.conf file in %Appdata%\Sync?
member
Activity: 210
Merit: 10
I just had a thought. Correct me if I'm wrong, but I think PoS blocks aren't generating because there is no PoS. All 1,000 coins were mined during PoW so there's nothing left to stake.


You are wrong. There are total 10k coins. 1000 for PoW and rest for PoS.

That isn't indicated in the OP at all... Total Coins: 1,000. No where does it say anything about another 9,000 for PoS.
hero member
Activity: 751
Merit: 500
I just had a thought. Correct me if I'm wrong, but I think PoS blocks aren't generating because there is no PoS. All 1,000 coins were mined during PoW so there's nothing left to stake.


You are wrong. There are total 10k coins. 1000 for PoW and rest for PoS.


when does Dev fix blockchain ? my transaction spend 4 hours for 2 confirmations.

I've just updated wallet and done as Post 1, my Sync wallet in out of sync with 8 connections


Kindly wait for few time. There is no pool operator available right now.
full member
Activity: 131
Merit: 100
when does Dev fix blockchain ? my transaction spend 4 hours for 2 confirmations.

I've just updated wallet and done as Post 1, my Sync wallet in out of sync with 8 connections
member
Activity: 210
Merit: 10
I just had a thought. Correct me if I'm wrong, but I think PoS blocks aren't generating because there is no PoS. All 1,000 coins were mined during PoW so there's nothing left to stake.
hero member
Activity: 518
Merit: 500
We will have a working pool in no time, then the coin will proceed as usual, nothing to worry about Smiley
member
Activity: 112
Merit: 10
http://sync.multipoolmining.com/
Displays lower hashrate on x11 than i got, why? I have about 50mh and site only display me 38-40mh.
now lower, 28-30, all rigs are ok and mining
full member
Activity: 196
Merit: 100
Trade working on mintpal.
sr. member
Activity: 406
Merit: 250
member
Activity: 210
Merit: 10
Wait for good buy time ~ Wink

i shouldn't if I were you.. we've already hit the bottom.

I agree 0.4 is the lowest you will likely see. Look at the market cap how low it is and then look at the community,
hashrate, dev, mintpal listing, volume... and on and on.

Once the last of the weak hands sell their coins in the next day or so there will be no reason not to hit 1.5-2 BTC in short order.
Probably this weekend. Already been at nearly those prices even with mining going on. Was over 1 BTC even 36 hours ago with full
on mining still going and 20% more coins per day. Amazing.

So now that mining is over.. price is free to climb once it feels safe to do so.

I am ready to buy a nice stack once I see the price start to move freely up.
Actually I see no resistance at all between 0.4-0.6 still on Bittrex and Mintpal.

There is only 0.38 BTC in sell walls to 0.61 on Bittrex. What does that tell you Smiley ?

Conversely, the entire order book of buys on mint could be cleaned out sending you to essentially 0 with around 10BTC worth of coins. This coin has less trading depth than a puddle.
I would seriously, SERIOUSLY council people to take this into consideration when making risk assessments about investing.

There is no depth at all. Huge exposure. The price is not an accurate indicator anymore, because the market can barely absorb anything without massive swings in either direction.

This isn't FUD, it's simple due diligence.

You may have a point, but there's no way a good pump won't send this coins price through the roof before the price drops and never recovers. Being as deep as a puddle can go both ways, you know.
member
Activity: 112
Merit: 10
http://sync.multipoolmining.com/
Displays lower hashrate on x11 than i got, why? I have about 50mh and site only display me 38-40mh.
now lower, 28-30, all rigs are ok and mining
full member
Activity: 152
Merit: 100
Quote from: Alpharisc
Conversely, the entire order book of buys on mint could be cleaned out sending you to essentially 0 with around 10BTC worth of coins. This coin has less trading depth than a puddle.
I would seriously, SERIOUSLY council people to take this into consideration when making risk assessments about investing.

There is no depth at all. Huge exposure. The price is not an accurate indicator anymore, because the market can barely absorb anything without massive swings in either direction.

This isn't FUD, it's simple due diligence.


Thanks for pointing to that danger!!

ps. If dev gonna delete this post, put it to unmoderated sync thread.
newbie
Activity: 47
Merit: 0
Wait for good buy time ~ Wink

i shouldn't if I were you.. we've already hit the bottom.

I agree 0.4 is the lowest you will likely see. Look at the market cap how low it is and then look at the community,
hashrate, dev, mintpal listing, volume... and on and on.

Once the last of the weak hands sell their coins in the next day or so there will be no reason not to hit 1.5-2 BTC in short order.
Probably this weekend. Already been at nearly those prices even with mining going on. Was over 1 BTC even 36 hours ago with full
on mining still going and 20% more coins per day. Amazing.

So now that mining is over.. price is free to climb once it feels safe to do so.

I am ready to buy a nice stack once I see the price start to move freely up.
Actually I see no resistance at all between 0.4-0.6 still on Bittrex and Mintpal.

There is only 0.38 BTC in sell walls to 0.61 on Bittrex. What does that tell you Smiley ?

Conversely, the entire order book of buys on mint could be cleaned out sending you to essentially 0 with around 10BTC worth of coins. This coin has less trading depth than a puddle.
I would seriously, SERIOUSLY council people to take this into consideration when making risk assessments about investing.

There is no depth at all. Huge exposure. The price is not an accurate indicator anymore, because the market can barely absorb anything without massive swings in either direction.

This isn't FUD, it's simple due diligence.
full member
Activity: 152
Merit: 100
what should i do ...mine is over now what?

Just sit down and wait.. while your coins are staking and the market matures.

Yes, just sit down, cos there is nothing more to do: coin is stuck - no confirmations, no transactions, no trade... nothing!
Or you can dream about pump and how "exclusive" that not working coin is!

One more option: go to the multipool:  http://sync.multipoolmining.com/  and let to rip yourself one more time!
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