Topic: [ANN][CASH] Crypto CASH | Proof of Stake & COIN CONTROL | On Cryptsy | 0 PREMINE - page 87. (Read 248249 times)
February 18, 2014, 06:13:12 AM
Updated the pool list Hashrate is pretty well distributed. Be nice to see a few more folks on the p2pool
February 18, 2014, 06:04:30 AM
Good plan Ill set that section up
February 17, 2014, 10:32:35 PM
hi i must ask i have mined coins and i moved them to exchange didnt sold them yet will i get the pos reward if i leave them on exchange? or when i move them back to my wallet? or i wont receive any because i send them ?
No pos reward if the coins are not in your local wallet. However, POS expires on coins in the wallet longer than 90 days, so, after you've POS'd for 90 days, move the old coins to and exchange or another wallet then move them back to reset... i didn't know this,... 90 days and coins start to no longer generate pos?
Went back a few pages and found Tux's original post about it:
Coins will only generate POS 3 times when held in the same wallet. This is to discourage hoarding and try to ensure a continued circulation of CASH (high liquidity). To continue receiving payouts, transfer the coins to a second wallet once 90 days have past, then transfer them back.
The priority column could do with some refinement, needs a ‘low’ priority and should take longer to reach ‘medium-high, high and highest’
I read it somewhere, but none of what I have on that document has been verified as yet, hence why I've not made it public.
AFAIK it's accurate, but as with the Exchanges giving the user POS reward when on an exchange, it may be disputed.
What the hell is that logo we have for cash?? where did it come from. No disrespect to the creator but surely someone can make something a little nicer than this, that gives a bit of a bad impression. The image looks out of focus and jaggy too.
Cleaned up the front page a bit logo not jaggy anymore hehe
cool looks nicer now. Yes if you could organise thing you want donations for that would be cool i think cash needs just a few more services
February 17, 2014, 10:23:36 PM
Is it possible to add cash.dedicatedpool.com on the pool list?
February 17, 2014, 09:54:35 PM
Would be Nice to get a dice game or some gambling sites for CASH. Ill raises donations if anyone is interested added it to the to do list also.
February 17, 2014, 09:44:47 PM
So the 90 day thing doesn't apply
Nope hold forever and keep earning stake.
February 17, 2014, 09:43:55 PM
So the 90 day thing doesn't apply
February 17, 2014, 09:21:38 PM
hi i must ask i have mined coins and i moved them to exchange didnt sold them yet will i get the pos reward if i leave them on exchange? or when i move them back to my wallet? or i wont receive any because i send them ?
No pos reward if the coins are not in your local wallet. However, POS expires on coins in the wallet longer than 90 days, so, after you've POS'd for 90 days, move the old coins to and exchange or another wallet then move them back to reset... i didn't know this,... 90 days and coins start to no longer generate pos?
Went back a few pages and found Tux's original post about it:
Coins will only generate POS 3 times when held in the same wallet. This is to discourage hoarding and try to ensure a continued circulation of CASH (high liquidity). To continue receiving payouts, transfer the coins to a second wallet once 90 days have past, then transfer them back.
The priority column could do with some refinement, needs a ‘low’ priority and should take longer to reach ‘medium-high, high and highest’
I read it somewhere, but none of what I have on that document has been verified as yet, hence why I've not made it public.
AFAIK it's accurate, but as with the Exchanges giving the user POS reward when on an exchange, it may be disputed.
What the hell is that logo we have for cash?? where did it come from. No disrespect to the creator but surely someone can make something a little nicer than this, that gives a bit of a bad impression. The image looks out of focus and jaggy too.
PoS has no limit it goes as long as you want to hoard the coins. You DO NOT get coins that an exchange generates so hold in your own wallet.
February 17, 2014, 09:15:04 PM
Moved the to DO list to the first page.
Checkpoint server is now on so the warning will disappear.
We realllllly need someone to compile the MAC wallets if your a MAC user we need some donations so we can hire that out.
Checkpoint server is now on so the warning will disappear.
We realllllly need someone to compile the MAC wallets if your a MAC user we need some donations so we can hire that out.
February 17, 2014, 09:08:18 PM
hi i must ask i have mined coins and i moved them to exchange didnt sold them yet will i get the pos reward if i leave them on exchange? or when i move them back to my wallet? or i wont receive any because i send them ?
No pos reward if the coins are not in your local wallet. However, POS expires on coins in the wallet longer than 90 days, so, after you've POS'd for 90 days, move the old coins to and exchange or another wallet then move them back to reset... i didn't know this,... 90 days and coins start to no longer generate pos?
Went back a few pages and found Tux's original post about it:
Coins will only generate POS 3 times when held in the same wallet. This is to discourage hoarding and try to ensure a continued circulation of CASH (high liquidity). To continue receiving payouts, transfer the coins to a second wallet once 90 days have past, then transfer them back.
The priority column could do with some refinement, needs a ‘low’ priority and should take longer to reach ‘medium-high, high and highest’
I read it somewhere, but none of what I have on that document has been verified as yet, hence why I've not made it public.
AFAIK it's accurate, but as with the Exchanges giving the user POS reward when on an exchange, it may be disputed.
What the hell is that logo we have for cash?? where did it come from. No disrespect to the creator but surely someone can make something a little nicer than this, that gives a bit of a bad impression. The image looks out of focus and jaggy too.
Cleaned up the front page a bit logo not jaggy anymore hehe
February 17, 2014, 07:23:49 PM
I have received my 1st Proof of Stake interest on Grain coin, had 100k and wallet was just open and unlocked for about 10 days now and received 147 coins, had it running on my mining rig as its on all the time.
We can imagine CASH works like this too.
The logo isn't quite right with 2 C C. Won't really ever see a logo with repetition in it, would be stylised. I hope no one minds my mate working on a whole design philosophy behind it, coin is still new and WIP, so things changing is a good thing.
We can imagine CASH works like this too.
The logo isn't quite right with 2 C C. Won't really ever see a logo with repetition in it, would be stylised. I hope no one minds my mate working on a whole design philosophy behind it, coin is still new and WIP, so things changing is a good thing.
February 17, 2014, 07:15:56 PM
CASH in the news
http://finance.yahoo.com/news/bitcoin-alternative-cash-green-fast-052500744.html
http://www.baystreet.ca/viewarticle.aspx?id=411934
http://finance.yahoo.com/news/bitcoin-alternative-cash-green-fast-052500744.html
http://www.baystreet.ca/viewarticle.aspx?id=411934
Much better than the one I read at the weekend.
Next we need sites to write their own articles on CASH instead of just publishing what's provided
And a real life name on a coin too. You really are laying the gauntlet down for these clone-hype coins eh, GJ
CASH to do list if your interested we will take up donations for your task and assign you in this list.
1. Abe explorer for CASH (Unassigned)
2. More Giveaways and fountains need someone to run this well get the donations just need someone to track it all and set them up. (unassigned)
3. Services promotion (Unassigned)
4. Reddit promotion (Unassigned)
I am also thinking about moving our main thread to cryptocointalk since we can have our own forum thoughts?
1. Abe explorer for CASH (Unassigned)
2. More Giveaways and fountains need someone to run this well get the donations just need someone to track it all and set them up. (unassigned)
3. Services promotion (Unassigned)
4. Reddit promotion (Unassigned)
I am also thinking about moving our main thread to cryptocointalk since we can have our own forum thoughts?
Could you pop that on the OP so it's easier for us to find and check on, too easy to lose buried on page 87
P.S god damn forum and always beaching @ me for double posts, too quick on posts, too intelligent posting, too trolly, too english. It really hates me
The forum is just jealous of your awesomeness....
February 17, 2014, 07:13:51 PM
P.S god damn forum and always beaching @ me for double posts, too quick on posts, too intelligent posting, too trolly, too english. It really hates me
The forum is just jealous of your awesomeness....
February 17, 2014, 04:30:22 PM
What the hell is that logo we have for cash?? where did it come from. No disrespect to the creator but surely someone can make something a little nicer than this, that gives a bit of a bad impression. The image looks out of focus and jaggy too.
Took a while (this thread's nice and long and not much of it's trolling and no trading/giveaways)
anyone like this logo ?
cashcoin address : EgyQKF7eizPiaCL6H8qs25U9kPQxKTAY4w
like this ?
cashcoin address : EgyQKF7eizPiaCL6H8qs25U9kPQxKTAY4w
like this ?
It looks fine here, must just have been a bad resize.
P.S god damn forum and always beaching @ me for double posts, too quick on posts, too intelligent posting, too trolly, too english. It really hates me
February 17, 2014, 04:15:09 PM
hi i must ask i have mined coins and i moved them to exchange didnt sold them yet will i get the pos reward if i leave them on exchange? or when i move them back to my wallet? or i wont receive any because i send them ?
No pos reward if the coins are not in your local wallet. However, POS expires on coins in the wallet longer than 90 days, so, after you've POS'd for 90 days, move the old coins to and exchange or another wallet then move them back to reset... i didn't know this,... 90 days and coins start to no longer generate pos?
Went back a few pages and found Tux's original post about it:
Coins will only generate POS 3 times when held in the same wallet. This is to discourage hoarding and try to ensure a continued circulation of CASH (high liquidity). To continue receiving payouts, transfer the coins to a second wallet once 90 days have past, then transfer them back.
The priority column could do with some refinement, needs a ‘low’ priority and should take longer to reach ‘medium-high, high and highest’
I read it somewhere, but none of what I have on that document has been verified as yet, hence why I've not made it public.
AFAIK it's accurate, but as with the Exchanges giving the user POS reward when on an exchange, it may be disputed.
What the hell is that logo we have for cash?? where did it come from. No disrespect to the creator but surely someone can make something a little nicer than this, that gives a bit of a bad impression. The image looks out of focus and jaggy too.
February 17, 2014, 04:11:23 PM
hi i must ask i have mined coins and i moved them to exchange didnt sold them yet will i get the pos reward if i leave them on exchange? or when i move them back to my wallet? or i wont receive any because i send them ?
No pos reward if the coins are not in your local wallet. However, POS expires on coins in the wallet longer than 90 days, so, after you've POS'd for 90 days, move the old coins to and exchange or another wallet then move them back to reset... i didn't know this,... 90 days and coins start to no longer generate pos?
Went back a few pages and found Tux's original post about it:
Coins will only generate POS 3 times when held in the same wallet. This is to discourage hoarding and try to ensure a continued circulation of CASH (high liquidity). To continue receiving payouts, transfer the coins to a second wallet once 90 days have past, then transfer them back.
The priority column could do with some refinement, needs a ‘low’ priority and should take longer to reach ‘medium-high, high and highest’
I read it somewhere, but none of what I have on that document has been verified as yet, hence why I've not made it public.
AFAIK it's accurate, but as with the Exchanges giving the user POS reward when on an exchange, it may be disputed.
February 17, 2014, 12:47:47 PM
hi i must ask i have mined coins and i moved them to exchange didnt sold them yet will i get the pos reward if i leave them on exchange? or when i move them back to my wallet? or i wont receive any because i send them ?
No pos reward if the coins are not in your local wallet. However, POS expires on coins in the wallet longer than 90 days, so, after you've POS'd for 90 days, move the old coins to and exchange or another wallet then move them back to reset... i didn't know this,... 90 days and coins start to no longer generate pos?
Went back a few pages and found Tux's original post about it:
Quote from: Google Doc
Proof-of-Stake [POS]:
What is Staking:
Every 30 days coins held in an open & unlocked wallet are eligible for additional coins (think of it as interest on deposits). The quantity of coins minted from POS depends on the number of coins held (for 30 days) and POS difficulty.
What will you can expect to get from Staking:
Initial POS will produce an estimated 10% additional coins per year with payouts every 30 days that coins remain in a wallet without being transmitted anywhere. This will be reduced to 1% when POS fully takes over from POW. Coins of mixed maturity will earn their interest when they reach 30 days, so a miner for example receiving coins daily could expect daily payouts from staking if the coins remaining in their wallet.
How to maximise earning potential:
Make sure when sending coins that you choose the right coins to send. There's a feature in the wallet (from v1.1) that allows the selection of coins by age or receiving address (Settings -> Options -> Display -> Display coin control features (experts only!)).
The priority column could do with some refinement, needs a ‘low’ priority and should take longer to reach ‘medium-high, high and highest’
Inflation and Deflation:
The transaction fees from sending coins are destroyed with CASH rather than being added to the block for miners to aquire, this is intended to offset the interest from staking and is the reason why the total coin cap is unknown. If everyone hoards all the coins then none will be destroyed in transactions fees but the supply will continue to grow through interest, likewise, if the coins are frequently used in transactions then they won’t be earning interest and will cause the supply the be reduced due to transaction fees.
If CASH is frequently transmitted, it will take many years to reach ~40million coins.
If CASH is heavily hoarded, it will take significantly less time to reach ~40million coins.
The side-effect of this decision is that instead of transaction fees only going to miners (who use huge amounts of electricity), EVERYONE who possesses CASH has the chance to gain.
Network security effects of Proof-of-Stake:
As is widely (and often inaccurately) reported there’s a potential security flaw from pure POW coins where a single entity could, in theory manipulate the blockchain for a coin and cause a wide range of problems. This is addressed in CASH by having holders of the coins secure the network as a percentage of their ‘stake’ in the currency. To compromise CASH, an attacker would have to own >51% of all coins AND >51% of the hashing power making an attack a very expensive proposition as they’d likely have to try to purchase coins from owners who don’t intend to exchange their stake.
THIS SECTION HAS BEEN DISPUTED AND IS CURRENTLY SET TO BE REMOVED.
POS from exchanges:
The decision as to who receives POS coins when held in an exchange’s wallet is entirely up to the individual exchange. There have been reports of exchanges stating that POS coins will go to the owner of the coins, which exchange this was and validity of this information is currently unknown.
Exchanges that give the owner of the coins the stake:
List of confirmed exchanges……..
Ignore that last part, as it was confirmed by an exchange mod that no POS rewards for any coins in the exchange.
February 17, 2014, 12:45:59 PM
hi i must ask i have mined coins and i moved them to exchange didnt sold them yet will i get the pos reward if i leave them on exchange? or when i move them back to my wallet? or i wont receive any because i send them ?
No pos reward if the coins are not in your local wallet. However, POS expires on coins in the wallet longer than 90 days, so, after you've POS'd for 90 days, move the old coins to and exchange or another wallet then move them back to reset... i didn't know this,... 90 days and coins start to no longer generate pos?
February 17, 2014, 12:33:20 PM
hi i must ask i have mined coins and i moved them to exchange didnt sold them yet will i get the pos reward if i leave them on exchange? or when i move them back to my wallet? or i wont receive any because i send them ?
No pos reward if the coins are not in your local wallet. However, POS expires on coins in the wallet longer than 90 days, so, after you've POS'd for 90 days, move the old coins to and exchange or another wallet then move them back to reset... February 17, 2014, 12:20:52 PM
hi i must ask i have mined coins and i moved them to exchange didnt sold them yet will i get the pos reward if i leave them on exchange? or when i move them back to my wallet? or i wont receive any because i send them ?
If you leave it on the exchange, they will make the pos reward... It need to be in YOUR wallet for 30 days without moving. so if you return them to your wallet today, they will make pos for you in 30 days from today.. Make sure to activate coin control feature on your wallet to keep the oldest one there and transfert newest one if you need to
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