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Topic: [ANN][CASH] Crypto CASH | Proof of Stake & COIN CONTROL | On Cryptsy | 0 PREMINE - page 132. (Read 248253 times)

full member
Activity: 468
Merit: 103
“errors" : "Info: Minting suspended due to locked wallet."

What's that mean? Huh
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
has everyone updated to the new qt now?  i am not back at that rig right now but i guess the old qt is still working okay with regards gaining coin age right?
member
Activity: 70
Merit: 10
Hey guys, looking for some clarity about the PoS. Just a few questions that I'm sure many people are wondering.

When will it start? Does the timer start 30 days after your coins have been inactive? And mint new coins every 30 days? If so, what's the percent? I'm hearing 10% but people are saying that's annual.

Also when will the coin become completely PoS? Will that happen when the cap is hit, or at some earlier date?

Thanks in advance.

This has been asked many days ago...I doubt Dev understands how POS works...otherwise it would have been answered...That's why I have stopped mining CASH...Dev seems clueless about his own coin.

HA!

Proof of stake is based off of coinage. All inputs require 30 days of inactivity to be eligible for Proof of sake minting. They become eligible at 30 days and become more likely to mint a block everyday up to 90 days when their stake weight wont grow any further

You can keep your wallet closed until the 30 day mark and it shouldnt need to be open more than a day or 2 to mint your Proof of stake blocks. When a block is minted the inputs used will be moved to the Stake column in the overview page where they will remain until the block is confirmed ( 25 Network blocks). At this point you will see a newly minted block in your transaction list for 10% of the total input which is your reward for securing the network

With coin control you can now monitor your coinage for all of your inputs and accounts as well as selecting what inputs you use for your send transactions. No longer will your wallet choose inputs at random and destroy precious coinage. You can select which coinage you would like to use for each transaction

A lot of thought went into CASH when I decided to move forward with the project. There is no premine and no instamine so Im working solely on my own funds and that of a few kind users who have donated to the fund

We are still working on our marketing campaign and are really in no major rush. We have more than enough hashpower to secure the network and stake will be active within a few weeks.

If you doubt my understanding of Proof of stake I am always willing to answer any questions you have. But please don't fill the community's head with baseless accusations. I will be here and will develop this coin for the long run. I do not pump out coins every week and can assure you myself and the rest of the development team are devoted solely to this project and this project alone

Ha Ha!
Finally Dev returns to the thread to address FUD...for the record, I am simply stating my growing doubts due to lack of response/explanations...not baseless accusation.

I suggest that updated explanations on the POS should be posted on the opening page as well as version number/release notes of the wallet, especially since it addresses key issues like "No longer will your wallet choose inputs at random and destroy precious coinage."

And yes...delay your marketing campaign/exchange listings till the wallets/POS stabilize. Then word of mouth on the strength of the coin will do its own marketing.
newbie
Activity: 32
Merit: 0
New Pool: cash.jtcpools.org

What sets us apart? We mine for GOOD! It isn't just a slogan! We are a Christian organization, and we believe in letting our light shine. You can mine with us and know that your fees and donations will be doing good work.

30% of all proceeds are donated to the following charities:
  • 15% to Lifewater International (Help eliminate water-borne disease and help people get access to safe water)
  • 15% to Samaritan's Purse (World disaster relief)
That's 30% directly off the top before we pay bills or ourselves. We believe in supporting the mining community and we believe in the future of crypocurrency - like you do, so let's work together and do good while we're at it.
 
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We'll give you 100% transparency with everything we do. Every month we will release a statement detailing collected fees, donations, expenses, profit, and donations.

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Let's have some fun while we mine. We're offering monthly perks to those who donate and go above and beyond the fee (JTeam members are not eligible). We will draw 5 miners from across all of our pools - they will receive 2X their donation amount as a prize.

The Basics
1% pool fee, PPLNS, Stratum - VARDIFF

Join us and Mine for Good!
member
Activity: 70
Merit: 10
Check our CASH a currency based on Moore's law
wtf i got the new wallet and it still says that checkpoints are too old and i have to redownload chain..

No need to redownload. Ill send a checkpoint out in a few minutes. I dont want to keep it activated just yet as Mullick informed me older clients could be left on  a forked chain if I do which makes sense. So ill give it a week or so before I keep it active
wtf i got the new wallet and it still says that checkpoints are too old and i have to redownload chain..

same here man.... it does sync though.... getting my coins from easy-mining so nothing wrong with that...

and new features?? cant see them man  Tongue LOL

using vista 32bit... (old laptop.... cause pc is mining his ass off)

To access the new features go to

Settings/Options/Display

And select Display Coin Control features

You will then be able to see the new features under the send Coins tab
member
Activity: 112
Merit: 10
wtf i got the new wallet and it still says that checkpoints are too old and i have to redownload chain..

same here man.... it does sync though.... getting my coins from easy-mining so nothing wrong with that...

and new features?? cant see them man  Tongue LOL

using vista 32bit... (old laptop.... cause pc is mining his ass off)

i can see the new Stake collum but not the coin age anywhere
hero member
Activity: 574
Merit: 500
Growcoin Chief
wtf i got the new wallet and it still says that checkpoints are too old and i have to redownload chain..

same here man.... it does sync though.... getting my coins from easy-mining so nothing wrong with that...

and new features?? cant see them man  Tongue LOL

using vista 32bit... (old laptop.... cause pc is mining his ass off)
member
Activity: 112
Merit: 10
wtf i got the new wallet and it still says that checkpoints are too old and i have to redownload chain..
hero member
Activity: 574
Merit: 500
Growcoin Chief

I already tried the easy-mining.net pool... same story man.... but i do actually get paid a bit more  Cool

I tried solo without longpoll... and with longpoll (minebig)... but it didnt work for me... hope to hear youre result!

if you earn more with solo... when net hash is @ 300mhs its pretty weird i think...
member
Activity: 70
Merit: 10
Check our CASH a currency based on Moore's law

You can keep your wallet closed until the 30 day mark and it shouldnt need to be open more than a day or 2 to mint your Proof of stake blocks. When a block is minted the inputs used will be moved to the Stake column in the overview page where they will remain until the block is confirmed ( 25 Network blocks). At this point you will see a newly minted block in your transaction list for 10% of the total input which is your reward for securing the network
 

Just to clarify, will POS blocks be 10% every 30 days or will it be more like 0.0082% every 30 days (10% / 365 x 30) so effectively 10% per year which is what I was thinking.

A few people are getting confused with this.

Your POS blocks will be for 10% of the inputs used. It wont be 10% every 30 days due to the variables in stake weight it will likely be 10% every 60 days If you hold your earnings for one year I would estimate a 40-60% return on investment the first year

This will go down quickly also Just like the POW reward. As the % or your reward is based off the POS difficulty. Due to the high initial reward I would assume the difficulty will go up rather quickly

For clarification:

Rewards start at 10%

Reward % halves every 16x the network POS difficulty ( adjust every block based on this scale)

Minimum reward is 1% and wont go below that
full member
Activity: 188
Merit: 100
Hey guys, looking for some clarity about the PoS. Just a few questions that I'm sure many people are wondering.

When will it start? Does the timer start 30 days after your coins have been inactive? And mint new coins every 30 days? If so, what's the percent? I'm hearing 10% but people are saying that's annual.

Also when will the coin become completely PoS? Will that happen when the cap is hit, or at some earlier date?

Thanks in advance.

This has been asked many days ago...I doubt Dev understands how POS works...otherwise it would have been answered...That's why I have stopped mining CASH...Dev seems clueless about his own coin.

HA!

Proof of stake is based off of coinage. All inputs require 30 days of inactivity to be eligible for Proof of sake minting. They become eligible at 30 days and become more likely to mint a block everyday up to 90 days when their stake weight wont grow any further

You can keep your wallet closed until the 30 day mark and it shouldnt need to be open more than a day or 2 to mint your Proof of stake blocks. When a block is minted the inputs used will be moved to the Stake column in the overview page where they will remain until the block is confirmed ( 25 Network blocks). At this point you will see a newly minted block in your transaction list for 10% of the total input which is your reward for securing the network

With coin control you can now monitor your coinage for all of your inputs and accounts as well as selecting what inputs you use for your send transactions. No longer will your wallet choose inputs at random and destroy precious coinage. You can select which coinage you would like to use for each transaction

A lot of thought went into CASH when I decided to move forward with the project. There is no premine and no instamine so Im working solely on my own funds and that of a few kind users who have donated to the fund

We are still working on our marketing campaign and are really in no major rush. We have more than enough hashpower to secure the network and stake will be active within a few weeks.

If you doubt my understanding of Proof of stake I am always willing to answer any questions you have. But please don't fill the community's head with baseless accusations. I will be here and will develop this coin for the long run. I do not pump out coins every week and can assure you myself and the rest of the development team are devoted solely to this project and this project alone


one question, how about this "big exchange"?   :>  Huh
newbie
Activity: 18
Merit: 0
@CryptoCashNow, when will you share more informations about the "big exchange"?
full member
Activity: 126
Merit: 100

You can keep your wallet closed until the 30 day mark and it shouldnt need to be open more than a day or 2 to mint your Proof of stake blocks. When a block is minted the inputs used will be moved to the Stake column in the overview page where they will remain until the block is confirmed ( 25 Network blocks). At this point you will see a newly minted block in your transaction list for 10% of the total input which is your reward for securing the network
 

Just to clarify, will POS blocks be 10% every 30 days or will it be more like 0.0082% every 30 days (10% / 365 x 30) so effectively 10% per year which is what I was thinking.

A few people are getting confused with this.
member
Activity: 70
Merit: 10
Check our CASH a currency based on Moore's law
I set up an account at openex.pw and moved a small amount of btc in , when I went to move it out my IP address was banned.

 I sent an email to the admin and have not heard anything back, good way to rob people and then ban their IP addy.

I think its likely just a bug with their site. You can also contact the owner via PM on Bitcointalk

https://bitcointalksearch.org/user/r3wt-117142

Best of luck!
member
Activity: 70
Merit: 10
oke... nice... didnt know that... thnx...  Cool


one other question.... I mined cash for about 3 days in a row.... I found 37 blocks... amount off 700+... and i only got 230+ payed out.... this is on the minebig pool... how can that be...

I've been mining coins a for a long time now... but this never happend to me... normally its almost the same amount....

Same thing here but with easy-mining pool. I found 27 block for 530 coins. But I have been paid only 220 coins. This is really strange.

That's how pooled mining works.  You are only paid for the amount of shares your miners worked on per block.  You do not get the full amount of the block.  Even if your miners happen to find the block you still only receive a portion of it.  

dude... thnx for the info... but i'm not a complete idiot... i know how pool mining works... if i didnt... i didnt belong here... Wink

It just caught my eye that  the Blockfindings and rewards are far off with this coin...!

and USUALLY that doesnt happen with me...


Maybe the pool difficulty must be modified, so the low hash miners (i mean beneath 200khs) are not profiting this much off us (this is really out of proportion since i only got 850khs myself)

Or maybe a blockfinding reward... maybe 0.5? at least then you get something for your effort.... and people would me be more at peace with end result...

Tried solo mining for a day too.... only found 2/3 blocks.... got back on the pool.... 5 blocks in half a day....  Lips sealed


Meant no disrespect, was trying to answer via my phone while at work in between meetings.  Kinda gave a scripted reply.

I do understand where you are coming from.  I just pointed my one rig back to minebig this morning around 11am ish, and have hit 11 blocks since then, now 6PM (you can see my status on the finders page for proof).  Mining solo that should equate to 220 cash, however I'm only sitting at 90.  I believe the reason is due to fast block times with very low rewards, plus overpopulation of workers on 1 pool that is hitting almost every single block.  In my math that equates out to a lower share % per worker making a lower payout total.  

Again, this is just a guess, but doing the math that way it does add up, although it's kinda frustrating.  Maybe tomorrow I'll try to solo the day and see what I get.  Or join a smaller pool and rack up blocks there.  I'll post the results if you want.


As to the finders bonus, while I'd love that myself, I'd think that would be unfair to anyone with low hash rates as those guys that are hitting blocks like crazy would be making even more cash than those that don't.  
member
Activity: 70
Merit: 10
Check our CASH a currency based on Moore's law
Hey guys, looking for some clarity about the PoS. Just a few questions that I'm sure many people are wondering.

When will it start? Does the timer start 30 days after your coins have been inactive? And mint new coins every 30 days? If so, what's the percent? I'm hearing 10% but people are saying that's annual.

Also when will the coin become completely PoS? Will that happen when the cap is hit, or at some earlier date?

Thanks in advance.

This has been asked many days ago...I doubt Dev understands how POS works...otherwise it would have been answered...That's why I have stopped mining CASH...Dev seems clueless about his own coin.

HA!

Proof of stake is based off of coinage. All inputs require 30 days of inactivity to be eligible for Proof of sake minting. They become eligible at 30 days and become more likely to mint a block everyday up to 90 days when their stake weight wont grow any further

You can keep your wallet closed until the 30 day mark and it shouldnt need to be open more than a day or 2 to mint your Proof of stake blocks. When a block is minted the inputs used will be moved to the Stake column in the overview page where they will remain until the block is confirmed ( 25 Network blocks). At this point you will see a newly minted block in your transaction list for 10% of the total input which is your reward for securing the network

With coin control you can now monitor your coinage for all of your inputs and accounts as well as selecting what inputs you use for your send transactions. No longer will your wallet choose inputs at random and destroy precious coinage. You can select which coinage you would like to use for each transaction

A lot of thought went into CASH when I decided to move forward with the project. There is no premine and no instamine so Im working solely on my own funds and that of a few kind users who have donated to the fund

We are still working on our marketing campaign and are really in no major rush. We have more than enough hashpower to secure the network and stake will be active within a few weeks.

If you doubt my understanding of Proof of stake I am always willing to answer any questions you have. But please don't fill the community's head with baseless accusations. I will be here and will develop this coin for the long run. I do not pump out coins every week and can assure you myself and the rest of the development team are devoted solely to this project and this project alone
full member
Activity: 165
Merit: 100
I set up an account at openex.pw and moved a small amount of btc in , when I went to move it out my IP address was banned.

 I sent an email to the admin and have not heard anything back, good way to rob people and then ban their IP addy.
member
Activity: 70
Merit: 10
Hey guys, looking for some clarity about the PoS. Just a few questions that I'm sure many people are wondering.

When will it start? Does the timer start 30 days after your coins have been inactive? And mint new coins every 30 days? If so, what's the percent? I'm hearing 10% but people are saying that's annual.

Also when will the coin become completely PoS? Will that happen when the cap is hit, or at some earlier date?

Thanks in advance.

This has been asked many days ago...I doubt Dev understands how POS works...otherwise it would have been answered...That's why I have stopped mining CASH...Dev seems clueless about his own coin.
full member
Activity: 126
Merit: 100
download the new version.

edit: it has been discussed before, nothing will happen to your coins.
legendary
Activity: 1120
Merit: 1000
just wondering is this coin dead?

I doubt it's dead, the devs are hopefully doing some big things behind the scenes and will have a big announcement for us in coming days. At least that's what I'm hoping is going on. Just be patient is my recommendation.

I'm patient, not selling any coins, but also not mining any coins as it is all a little unclear here...

Dead?

A dev that can actually code, develop coin control and the other features not to mention excellent diff retarget and block reward scaling. POS and great name. No premine, no instamine. If this coin does not become a huge success crypto is a place for copy and paste scammers only. It's not hardly been out a week and got on some exchanges.

These devs that can code are usually terrible at marketing. Look at most of the coins with REAL devs behind them, the marketing is weak. CASH is like xpm with scrypt and POS. I like how it is going so far. Nice slow steady mining...coins coming in now and then. I am targeting for 10k now, will take a while but will leave miners on it until i get there. Of course selling at this point is something i wouldn't even consider.

But what is it all about those missing coins in the wallet? And that message that you see below in your wallet? Looks strange... I've around 3K cashcoins, but before i know what those messages means and what happened with the missing coins, i'm not really putting my hashpower to cashcoin. Not selling anything but waiting for some clear statement from dev, unless someone can verify that nothing will happen and that the coins will not disappear from the wallet.
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