Topic: ★[ANN]★[GHC] Ghostcoin ☢ 4 Exchanges ☢ Fast ☢ POW/POS Hybrid ☢ OpenSSL Patched ☢ - page 13. (Read 98868 times)
April 07, 2014, 10:57:13 PM
No the community will grow when ghostcoin goes to bigger exchanges like Mintplal,i vote every day but could take a week or so to get there.
April 07, 2014, 10:48:24 PM
was wondering if he had any future plans? Any wallet updates or expandability? Marketing, hype etc? A coin needs a community.
Welcome to the community, looks like we're it.
April 07, 2014, 10:41:53 PM
200 million pow coins then 550 million pos coins over 6 years,seems a good coin at this price 35 sat,most 200 million pow coins have a higher price than this.bargain i will buy some and start minting in 20 days with the pos stake.I mean Mintcoin is 20 billion coins and 15 sat,so this coin should be 750 sat at the moment bargain.
That is how I feel as well glennbuck, let's enjoy the ride.
April 07, 2014, 10:36:20 PM
Why does this coin suits you as a trader?
Why does this coin suits you as a trader?
In my humble opinion, it's because he can buy it cheap right now and get a profit after he let them stake and sell them (not to mention that the time that mining it will not produce more than just 1 coin is near)
Fair question Vlizzjeffrey, mindfox's humble opinion hit the nail on the head really. Also as a non miner I like the Idea of my wallet mining coins. I will only sell what I mine, but will be holding off for a while to let the price rise.
I love trading but am no expert, my downfall can be that I am a bit of a hoarder. I trade many but there are about 7 coins that I am collecting for long term (3 to 5 years) One of my 7 is Maza, as it still is the only official adopted coin out there. Still waiting for the masses to arrive. Stock market will crash again soon, bigger this time, with that hopefully more people coming to crypto.
April 07, 2014, 07:02:45 PM
200 million pow coins then 550 million pos coins over 6 years,seems a good coin at this price 35 sat,most 200 million pow coins have a higher price than this.bargain i will buy some and start minting in 20 days with the pos stake.I mean Mintcoin is 20 billion coins and 15 sat,so this coin should be 750 sat at the moment bargain.
April 07, 2014, 06:25:48 PM
http://maarx.nl/maarx.nl/ghostcoin/distribution/
premine is the top wallet. This page tracks wallet distribution and shows what the wallets are doing.
premine is the top wallet. This page tracks wallet distribution and shows what the wallets are doing.
April 07, 2014, 02:24:19 PM
Nobody on everycoin altcoin outhere in pos knows.. i asked everywhere... everyone says its own stuff without even knowing..
I'm not in a position to know who you ask and couldn't answer this, but any decent developer could answer that by looking at the code.
I have been involved into many coins creation (not this one and haven't read the code yet) so I can give you the following info:
PoS blocks are inserted in the chain instead of PoW (mining) blocks. Now if you ask when a certain wallet will start creating PoS, well it's not random when it will begin to try to create a PoS block, but it is random when that PoS block will be accepted in the blockchain.
It's exactly like solo mining. The fact that you may have found a block, doesn't mean that it will be accepted for sure (thus the orphaned blocks). When an incoming transaction of your wallet reaches the maturity state (which means that the minimum amount of time holding these coins has been fulfilled) your wallet will start mining in order to create a PoS block. That block contains a transaction that has the coins that were in stake + the interest.
Of course, other wallets are doing the same and at the same time, miners are finding blocks. So which block should dominate?
Well, PoS blocks have a higher importance than PoW blocks, so it's very easy to understand that PoS will always replace PoW blocks (thus in PoW/PoS mixed coins there are so many orphaned blocks from mining - because they get replaced by PoS blocks).
What about PoS blocks that were created by many wallets at the same time, having the same base block (for example block with height 1454). This is were difficulty is getting into the game.
Although PoS blocks have very low difficulty (so that it doesn't need too much computational power to create them), they do have a difficulty measurement and the block with the highest difficulty wins the race.
Now, the difficulty number is not based on CPU power or how many cores this has, but how old is the transaction with the coins at stake. At PoS, there is a minimum and a maximum age.
For example, 20 days minimum and 30 days maximum. That means that if someone's wallet finds a PoS block for a transaction that is 21 days old (hours and minutes count but let's not put that in this example) and another wallet finds a PoS for a transaction that is 25 days old, then the 25 days old transaction will create a higher diff PoS block, which means that it will win the race.
Now, if a 3rd PoS block was found that was 45 days old, the diff would count only for the maximum amount of time (30 days for our example).
Other factors that affects difficulty could be the amount of coins in that transaction, the amount of time passed since the last PoS block this wallet generated, etc.
I hope this make things a little simpler, regarding the PoS and how it is mined/calculated.
I asked about PoS generation earlier in this thread, and was told that you don't need your wallet open. You could have your coins tucked away in cold storage and you'd still get your PoS coins. Now I don't know what to think.
April 07, 2014, 12:33:52 PM
While we do not get a response from the developer about Premine-coins, there is a very high probability dump by the developer.
While there is no report about premine-coins, there will not be Serious investors.
There are only miners who are forced to defend the developer, because they do not want to lose their deposits in the form of payments for electricity.
While there is no report about premine-coins, there will not be Serious investors.
There are only miners who are forced to defend the developer, because they do not want to lose their deposits in the form of payments for electricity.
April 07, 2014, 09:36:59 AM
Until which block will we get mining rewards?
April 07, 2014, 08:21:39 AM
Why does this coin suits you as a trader?
In my humble opinion, it's because he can buy it cheap right now and get a profit after he let them stake and sell them (not to mention that the time that mining it will not produce more than just 1 coin is near)
April 07, 2014, 07:41:48 AM
Why does this coin suits you as a trader?
April 06, 2014, 06:15:22 PM
+100 to the Dev for this coin. As a non miner this coin suits me to a T. = Trader
April 06, 2014, 06:09:56 PM
Nobody on everycoin altcoin outhere in pos knows.. i asked everywhere... everyone says its own stuff without even knowing..
I'm not in a position to know who you ask and couldn't answer this, but any decent developer could answer that by looking at the code.
I have been involved into many coins creation (not this one and haven't read the code yet) so I can give you the following info:
PoS blocks are inserted in the chain instead of PoW (mining) blocks. Now if you ask when a certain wallet will start creating PoS, well it's not random when it will begin to try to create a PoS block, but it is random when that PoS block will be accepted in the blockchain.
It's exactly like solo mining. The fact that you may have found a block, doesn't mean that it will be accepted for sure (thus the orphaned blocks). When an incoming transaction of your wallet reaches the maturity state (which means that the minimum amount of time holding these coins has been fulfilled) your wallet will start mining in order to create a PoS block. That block contains a transaction that has the coins that were in stake + the interest.
Of course, other wallets are doing the same and at the same time, miners are finding blocks. So which block should dominate?
Well, PoS blocks have a higher importance than PoW blocks, so it's very easy to understand that PoS will always replace PoW blocks (thus in PoW/PoS mixed coins there are so many orphaned blocks from mining - because they get replaced by PoS blocks).
What about PoS blocks that were created by many wallets at the same time, having the same base block (for example block with height 1454). This is were difficulty is getting into the game.
Although PoS blocks have very low difficulty (so that it doesn't need too much computational power to create them), they do have a difficulty measurement and the block with the highest difficulty wins the race.
Now, the difficulty number is not based on CPU power or how many cores this has, but how old is the transaction with the coins at stake. At PoS, there is a minimum and a maximum age.
For example, 20 days minimum and 30 days maximum. That means that if someone's wallet finds a PoS block for a transaction that is 21 days old (hours and minutes count but let's not put that in this example) and another wallet finds a PoS for a transaction that is 25 days old, then the 25 days old transaction will create a higher diff PoS block, which means that it will win the race.
Now, if a 3rd PoS block was found that was 45 days old, the diff would count only for the maximum amount of time (30 days for our example).
Other factors that affects difficulty could be the amount of coins in that transaction, the amount of time passed since the last PoS block this wallet generated, etc.
I hope this make things a little simpler, regarding the PoS and how it is mined/calculated.
That's a very good read, I love this coin even more now. I still have to wait another 2 weeks for my coins to work so I will just keep buying at the moment. At the moment I think they are to cheep, but hey-ho I will just keep on buying.
April 06, 2014, 03:57:30 PM
i think the dev should do a giveaway, to boost the popularity a bit,
wasnt there a giveaway announced in the startpost?
wasnt there a giveaway announced in the startpost?
April 06, 2014, 03:50:23 PM
Nobody on everycoin altcoin outhere in pos knows.. i asked everywhere... everyone says its own stuff without even knowing..
I'm not in a position to know who you ask and couldn't answer this, but any decent developer could answer that by looking at the code.
I have been involved into many coins creation (not this one and haven't read the code yet) so I can give you the following info:
PoS blocks are inserted in the chain instead of PoW (mining) blocks. Now if you ask when a certain wallet will start creating PoS, well it's not random when it will begin to try to create a PoS block, but it is random when that PoS block will be accepted in the blockchain.
It's exactly like solo mining. The fact that you may have found a block, doesn't mean that it will be accepted for sure (thus the orphaned blocks). When an incoming transaction of your wallet reaches the maturity state (which means that the minimum amount of time holding these coins has been fulfilled) your wallet will start mining in order to create a PoS block. That block contains a transaction that has the coins that were in stake + the interest.
Of course, other wallets are doing the same and at the same time, miners are finding blocks. So which block should dominate?
Well, PoS blocks have a higher importance than PoW blocks, so it's very easy to understand that PoS will always replace PoW blocks (thus in PoW/PoS mixed coins there are so many orphaned blocks from mining - because they get replaced by PoS blocks).
What about PoS blocks that were created by many wallets at the same time, having the same base block (for example block with height 1454). This is were difficulty is getting into the game.
Although PoS blocks have very low difficulty (so that it doesn't need too much computational power to create them), they do have a difficulty measurement and the block with the highest difficulty wins the race.
Now, the difficulty number is not based on CPU power or how many cores this has, but how old is the transaction with the coins at stake. At PoS, there is a minimum and a maximum age.
For example, 20 days minimum and 30 days maximum. That means that if someone's wallet finds a PoS block for a transaction that is 21 days old (hours and minutes count but let's not put that in this example) and another wallet finds a PoS for a transaction that is 25 days old, then the 25 days old transaction will create a higher diff PoS block, which means that it will win the race.
Now, if a 3rd PoS block was found that was 45 days old, the diff would count only for the maximum amount of time (30 days for our example).
Other factors that affects difficulty could be the amount of coins in that transaction, the amount of time passed since the last PoS block this wallet generated, etc.
I hope this make things a little simpler, regarding the PoS and how it is mined/calculated.
April 06, 2014, 03:39:52 PM
pre-mine hasn't been sold i know that. the 7.5 million is still in its wallet
April 06, 2014, 03:12:49 PM
Are the developer of this coin generally get in touch with the community? Except those few messages with advertising of a game?
What are your plans for the development? When and how will be used premine-coins?
I have a suspicion that premine used solely to enrich the developer...
Developer, I'm listening! (I know that he will not answer...)
What are your plans for the development? When and how will be used premine-coins?
I have a suspicion that premine used solely to enrich the developer...
Developer, I'm listening! (I know that he will not answer...)
April 06, 2014, 03:10:52 PM
I see my first coins will start to stake on 4/10 do I have to setgenerate true or anything other than have my wallet open?
April 06, 2014, 02:22:41 PM
was wondering if he had any future plans? Any wallet updates or expandability? Marketing, hype etc? A coin needs a community.
April 06, 2014, 01:19:08 PM
Nobody on everycoin altcoin outhere in pos knows.. i asked everywhere... everyone says its own stuff without even knowing..
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