I am reading some concerns about POS having issues, i believe it's just competing with POW right now so this could be normal. We're investigating this, mind you we probably should have held on to the premine for a few hours to see if it could stake before sending! That is our mistake, apologies for that.
I think that's the correct assumption, and that those trying to stake relatively small amounts of coins are just competing against the heavy domination of POW blocks for the moment. The good news is that stake earnings build up over time anyway, so nothing would be "lost" by a delay as long as you're accumulating coin age/weight.
IPOminer.com thank you for that, you have a deep understanding of how this works. Basically, the stake weight is set to a max age of 42 days, had we set it to say 2 days, people would be staking right now. This doesn't mean that you are losing out in revenue, it just means the weight of the PoW is overshadowing PoS but you will still make the same in the end.
So long as you're accumulating age(weight) you will be compensated accordingly, no coins will be sacrificed.
EDIT: Please take the time to thank Bittrex.com, suprnova.com (for escrow), and IPOminer.com I want to say that having positive influences like this really help when you are releasing a project. It takes much stress from us when we can just rely on these brand names to back us up. Bittrex just listed us, but I am happy about that even though I wanted the premine gone before - the reason is that they are the most secure exchange, and most in touch with the daily people of cryptocurrencies.
Suprnova i know i don't have to worry about premine being dumped, thank you. And IPOminer.com knows much about how this system works, so I appreciate the help explaining it earlier. Thank you to Minerpools.com for being the first pool, and coin-miners you launched very fast as well. I wish I had something to give you other than my thanks.
Now that we have this out of the way, I will build the block explorer and so forth. What surprised me the most about this project is the fairness, it's hard to get coins, even with Antminer S3 and renting more than 10 TERAHASH. The nice part about being dev is that I was able to mine early, I thought about leaving the cpu miner going in the wallet after taking the genesis block then the premine but decided not to.
If a portion of this community would like to take up a fund for developments or bounties, maybe we can convince OCminer to take a second wallet. I do not want to manage such accounts, but i would like to pay for translations but simply cannot unless i spend more personal BTC.