I have posted the main detail from this thread to our main announcement here:
https://bitcointalksearch.org/topic/anndripposmn-now-offering-masternode-monitoring-and-hosting-services-3710056
I will now lock this thread. Thanks all.
Topic: [ANN][DRIP][miners] 1st coin in a long time with a unique value proposition 🚀 (Read 608 times)
May 19, 2018, 11:17:54 AM
May 19, 2018, 06:00:28 AM
The network works really great, has been very stable from day 1 and the staking gains are good:)
I am mining and staking, and will hopefully be able to launch a masternodes when phase 3 begins
I am mining and staking, and will hopefully be able to launch a masternodes when phase 3 begins
May 19, 2018, 05:53:18 AM
This coin is really surprising because of the honesty of the devs I experienced so far. They are fully transparent and up to so far I got a generous exchange rate for all the mined RVN.
The first month staking rewards will go nearly all to stakers and the devs locked their masternodes from staking so that literally everything is going to community.
I will mine and stake to be one of the first to get a masternode!
The first month staking rewards will go nearly all to stakers and the devs locked their masternodes from staking so that literally everything is going to community.
I will mine and stake to be one of the first to get a masternode!
May 19, 2018, 04:52:56 AM
May 19, 2018, 03:30:09 AM
As promised, the dev team are not permitted to stake the funds that are being held for future distribution to miners. This is the reason current rewards are so frequent. Here is the detail after yesterdays payouts had concluded:
Premine: 290,000 (mostly for distribution to miners)
Locked to Masternodes: 80,000 (half of which is temporary until more masternodes come online - those 40,000 coins are also for distribution to miners)
Total Payout to Miners to date: 24,035.6
To be locked and not staked: 185,964.4
Addresses for Public Verification
DLZt7h34GJEJ8FJSP51TAvxYHVG2ZtuXFu
DCyqqBwcacn1Mr5AQ7w6JPg2bdpNNLeZ5G
You will not see these addresses getting staking rewards.
Block Explorer: http://explorer.dripcoin.tech
Premine: 290,000 (mostly for distribution to miners)
Locked to Masternodes: 80,000 (half of which is temporary until more masternodes come online - those 40,000 coins are also for distribution to miners)
Total Payout to Miners to date: 24,035.6
To be locked and not staked: 185,964.4
Addresses for Public Verification
DLZt7h34GJEJ8FJSP51TAvxYHVG2ZtuXFu
DCyqqBwcacn1Mr5AQ7w6JPg2bdpNNLeZ5G
You will not see these addresses getting staking rewards.
Block Explorer: http://explorer.dripcoin.tech
May 18, 2018, 04:25:03 PM
Thanks for the kind comments all.
As any of you involved with DRIP will be aware, the DRIP payouts for today have gone without a hitch and everyone continues to get frequent staking rewards.
As any of you involved with DRIP will be aware, the DRIP payouts for today have gone without a hitch and everyone continues to get frequent staking rewards.
May 18, 2018, 12:35:54 PM
this is an awesome and Nice project wish you luck
May 18, 2018, 11:55:16 AM
i thinks this is a good project because has a great way for Retailer Rewards and Charitable Contributions. also have a good concept to make this project succesfull.
May 18, 2018, 11:27:57 AM
Later today, I'll be converting LUX and RVN donated so far to Bitcoin, the payment of choice for exchange listings, and providing the address so that people can track our progress toward our first exchange listing.
We do not wish to list on any exchange where the listing fee is less than 0.5 BTC as it would result in us being one good coin in a sea of sh1tcoins. We don't want to be tarred with the same brush as such coins.
We do not wish to list on any exchange where the listing fee is less than 0.5 BTC as it would result in us being one good coin in a sea of sh1tcoins. We don't want to be tarred with the same brush as such coins.
May 18, 2018, 08:05:01 AM
staking drip works like a charm 
mining rewards have been more than generous and the dev it seems that he knows what hes doing
im very happy overall and i feel lucky i got involved with this project from the start
mining rewards have been more than generous and the dev it seems that he knows what hes doingim very happy overall and i feel lucky i got involved with this project from the start
Thanks vipsvvv. As you're probably aware, staking rewards will also increase at block 43,201, in about 29 days time. Until then, we are continuing to provide miners with DRIP-owned LUX/RVN addresses to which they can mine and earn DRIP. This will allow them in on the action before the block reward increase.
Our goal is an exchange listing before the block reward increase as this will allow those without the coins needed for a shared masternode to purchase what they need.
Good luck with your continued mining and good luck with your DRIP staking rewards.
May 18, 2018, 07:35:41 AM
staking drip works like a charm mining rewards have been more than generous and the dev it seems that he knows what hes doing
im very happy overall and i feel lucky i got involved with this project from the start
mining rewards have been more than generous and the dev it seems that he knows what hes doingim very happy overall and i feel lucky i got involved with this project from the start
May 18, 2018, 06:21:21 AM
Staking rewards are frequent and the network is stable. There are 7 masternodes online and we will be pulling down all except 4 of these as soon as our miners start spinning up masternodes of their own.
For any new miners looking to start, download our wallet, create a DRIP address and contact us requesting a linked RVN/LUX address to which you can mine.
For any new miners looking to start, download our wallet, create a DRIP address and contact us requesting a linked RVN/LUX address to which you can mine.
May 18, 2018, 01:43:20 AM
If people can provide details of why they don't think DRIP is 100% honest, transparent and trustworthy, we can refute those claims. However, as is always the case, we'll get some that don't back up their statements with reasons - in a lot of cases, the only reason is that they might be developers for a different coin.
May 18, 2018, 01:31:38 AM
Staking is going well and people are getting a very high return in these early days. Join Discord here if interested: https://discord.gg/n93p2BW
May 17, 2018, 02:43:02 PM
sounds pretty interesting im going to keep an eye on this and maybe invest soon
May 17, 2018, 02:41:58 PM
First payment received!
Staking is working well!
Staking is working well!
May 17, 2018, 02:14:34 PM
Our first payment of DRIP to our LUX miners has gone successfully and is visible on our block explorer here: http://explorer.dripcoin.tech/tx/ff3166450f89f81bf66935ed889de1700797dda07a5e4a59a837035d7f2bbf8e
Our first payment of DRIP to our RVN miners has gone successfully and is visible on our block explorer here: http://explorer.dripcoin.tech/tx/fe4f22cb1588a73ac788fd6a067d20df3420c2d53d9d4915aa562eb80d79ef7e
The next payout will be tomorrow evening (UK time).
The block reward for staking is 9 DRIP - with a block every minute, that's 12,960 DRIP per day.
With a 300,000 coin supply and 216,239 of these locked and unstakeable, estimated return to stakers for day 1 of our blockchain will be about 15% (12,960/83,761).
We continue to attract new miners of RVN and LUX to our donation addresses and this mining will go on for another 1 month.
Our first payment of DRIP to our RVN miners has gone successfully and is visible on our block explorer here: http://explorer.dripcoin.tech/tx/fe4f22cb1588a73ac788fd6a067d20df3420c2d53d9d4915aa562eb80d79ef7e
The next payout will be tomorrow evening (UK time).
The block reward for staking is 9 DRIP - with a block every minute, that's 12,960 DRIP per day.
With a 300,000 coin supply and 216,239 of these locked and unstakeable, estimated return to stakers for day 1 of our blockchain will be about 15% (12,960/83,761).
We continue to attract new miners of RVN and LUX to our donation addresses and this mining will go on for another 1 month.
May 17, 2018, 10:15:24 AM
I'll give you a chance!
May 17, 2018, 10:03:50 AM
pfft..look scam to me
Definitely not - we've a good community on Discord that you can raise any concerns with rather than calling something a scam without research (a little research would tell you it's far from a scam).
May 17, 2018, 09:58:06 AM
pfft..look scam to me
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