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Topic: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN] - page 5. (Read 7325 times)

MoNet-Team
newbie
Activity: 42
Merit: 0
Re: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN]
April 12, 2016, 01:28:34 PM
#42
Quote from: blackchopper on April 12, 2016, 01:26:06 PM
Quote from: bathrobehero on April 12, 2016, 01:10:28 PM

ICO + joke mining rewards + high PoS rewards + expensive masternodes = rich gets richer scheme with poor distribution.

You made a mistake here.

Should have been "very poor distribution".

It's cool though.  I understood it, but wanted to make sure others who didn't understood.

From #2 to #13 on the block explorer it goes from 299500 to 70.   Roll Eyes

Top Address is Burn Address
Second Address is Future Development / Bounty Address

There cannot be poor distribution as we are not giving them away. Do a bounty and get paid if not then it is mining until a market is up. Distribution at the moment is going to those who are mining/staking

This time it is the miners who get rich Wink they are the only ones creating coins

EDIT: You both made mistakes AS NO ICO
blackchopper
sr. member
Activity: 316
Merit: 253
Re: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN]
April 12, 2016, 01:26:06 PM
#41
Quote from: bathrobehero on April 12, 2016, 01:10:28 PM

ICO + joke mining rewards + high PoS rewards + expensive masternodes = rich gets richer scheme with poor distribution.

You made a mistake here.

Should have been "very poor distribution".

It's cool though.  I understood it, but wanted to make sure others who didn't understand.

From #2 to #13 on the block explorer it goes from 299500 to 70.   Roll Eyes

MoNet-Team
newbie
Activity: 42
Merit: 0
Re: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN]
April 12, 2016, 01:17:01 PM
#40



Block Explorer Added to OP

http://104.251.217.231:3030/




Quote from: bathrobehero on April 12, 2016, 01:10:28 PM
Quote from: MoNet-Team on April 12, 2016, 07:46:04 AM
300,000 MNT remain now for bounties and future developments

Block 1,000 - 1,000,000 = 0.2 Coins Per Block

Pos Reward = 10 Coins Per Block

send exactly 5,000 coins with the standard tx fee nothing more nothing less to the masternode address you

The combination of those numbers are completely retarded.

ICO + joke mining rewards + high PoS rewards + expensive masternodes = rich gets richer scheme with poor distribution.

The only way you will get MNT is either do something for the coin and get paid a bounty or mine like the rest and stake what you have mined.

We Know exactly why we did it like that but seems people cannot see what we do for some reason.

This is designed so you hold your coins (Not PoW mine to stake high blocks to dump)

If you have to mine / buy 5k MNT it means that you have to hold your coins to get upto 5k in total to run a masternode and then the masternode will keep the 5k out of circulation. It will help markets and the Network

EDIT: there is no ICO and 700,000 MNT have been burnt which you can see here http://104.251.217.231:3030/address/5BurnMNTaddyxxxxxxxxxxxxxxxxwv4EcE
bathrobehero
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
Re: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN]
April 12, 2016, 01:10:28 PM
#39
Quote from: MoNet-Team on April 12, 2016, 07:46:04 AM
300,000 MNT remain now for bounties and future developments

Block 1,000 - 1,000,000 = 0.2 Coins Per Block

Pos Reward = 10 Coins Per Block

send exactly 5,000 coins with the standard tx fee nothing more nothing less to the masternode address you

The combination of those numbers is completely retarded.

ICO + joke mining rewards + high PoS rewards + expensive masternodes = rich gets richer scheme with poor distribution.
MoNet-Team
newbie
Activity: 42
Merit: 0
Re: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN]
April 12, 2016, 12:53:11 PM
#38
Quote from: zsnorbi on April 12, 2016, 12:45:06 PM
You may check this thread https://bitcointalksearch.org/topic/bitcointalk-escrows-trade-safely-855778 to find a suitable escrow

I certainly will thanks


Block ex will be up soon guy's


I have sent the remainder ie the 299,500 MNT to this address 55Wc2enM1HCK95Wz1WoAThFXGAkygJNciK
zsnorbi
hero member
Activity: 686
Merit: 500
Re: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN]
April 12, 2016, 12:45:06 PM
#37
You may check this thread https://bitcointalksearch.org/topic/bitcointalk-escrows-trade-safely-855778 to find a suitable escrow
MoNet-Team
newbie
Activity: 42
Merit: 0
Re: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN]
April 12, 2016, 12:28:20 PM
#36
Quote from: zsnorbi on April 12, 2016, 12:25:53 PM
Quote from: MoNet-Team on April 12, 2016, 12:14:47 PM
Quote from: jimlite on April 12, 2016, 12:13:33 PM
Dev, please clarify. You are not going to stake the premine are you? No one else will get stakes and you will get them all with that crazy weight. Let us know if you are disabling staking and your addy so we can check. If you do not stake and use premine wisely, this could be a good coin.

NO I want somebody to hold the bounty funds until i need x amount of them for a bounty

I have put them in reserve until then

Probably you should contact a trusted btct escrow so there would be no problem of trust

Can you point me in the direction of someone ? That would be an awesome outcome  Wink
zsnorbi
hero member
Activity: 686
Merit: 500
Re: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN]
April 12, 2016, 12:25:53 PM
#35
Quote from: MoNet-Team on April 12, 2016, 12:14:47 PM
Quote from: jimlite on April 12, 2016, 12:13:33 PM
Dev, please clarify. You are not going to stake the premine are you? No one else will get stakes and you will get them all with that crazy weight. Let us know if you are disabling staking and your addy so we can check. If you do not stake and use premine wisely, this could be a good coin.

NO I want somebody to hold the bounty funds until i need x amount of them for a bounty

I have put them in reserve until then

Probably you should contact a trusted btct escrow so there would be no problem of trust
MoNet-Team
newbie
Activity: 42
Merit: 0
Re: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN]
April 12, 2016, 12:14:47 PM
#34
Quote from: jimlite on April 12, 2016, 12:13:33 PM
Dev, please clarify. You are not going to stake the premine are you? No one else will get stakes and you will get them all with that crazy weight. Let us know if you are disabling staking and your addy so we can check. If you do not stake and use premine wisely, this could be a good coin.

NO I want somebody to hold the bounty funds until i need x amount of them for a bounty

I have put them in reserve until then
jimlite
legendary
Activity: 1848
Merit: 1018
Re: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN]
April 12, 2016, 12:13:33 PM
#33
Dev, please clarify. You are not going to stake the premine are you? No one else will get stakes and you will get them all with that crazy weight. Let us know if you are disabling staking and your addy so we can check. If you do not stake and use premine wisely, this could be a good coin.
scorpio18
legendary
Activity: 1736
Merit: 1000
Admin of CoinMiners Pools
Re: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN]
April 12, 2016, 11:55:34 AM
#32
Quote from: notsofast on April 12, 2016, 11:32:21 AM
Quote from: MoNet-Team on April 12, 2016, 09:52:35 AM
Quote from: badam on April 12, 2016, 09:33:42 AM
Actually i got it working too for some strange reason i had to specify the port in the conf file that is not needed for other coins.
Nevermind it works now.

Glad to hear that and I'm sure we can look at that for future ref  Wink

Quote from: Altcoin11 on April 12, 2016, 09:34:34 AM
13 connections now with the nodes dev posted.

Awesome news there Cheesy glad they helped




I'm connected to 6 other nodes now, but still not updating beyond block 24728. I'm wondering if running the wallet sandboxed has anything to do with it... I'll leave it for awhile and see if I can connect to any other nodes that start feeding me blocks greater than 24728 I guess. I'll edit this post when I get it working.

Try to resync your wallet and temporary you can check your block count and hash with this block explorer https://coin-miners.info/explorer?id=1428
MoNet-Team
newbie
Activity: 42
Merit: 0
Re: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN]
April 12, 2016, 11:33:41 AM
#31
Quote from: notsofast on April 12, 2016, 11:32:21 AM
Quote from: MoNet-Team on April 12, 2016, 09:52:35 AM
Quote from: badam on April 12, 2016, 09:33:42 AM
Actually i got it working too for some strange reason i had to specify the port in the conf file that is not needed for other coins.
Nevermind it works now.

Glad to hear that and I'm sure we can look at that for future ref  Wink

Quote from: Altcoin11 on April 12, 2016, 09:34:34 AM
13 connections now with the nodes dev posted.

Awesome news there Cheesy glad they helped




I'm connected to 6 other nodes now, but still not updating beyond block 24728. I'm wondering if running the wallet sandboxed has anything to do with it... I'll leave it for awhile and see if I can connect to any other nodes that start feeding me blocks greater than 24728 I guess. I'll edit this post when I get it working.

I'm on 29607

EDIT: 29615 now
notsofast
legendary
Activity: 1517
Merit: 1042
@notsofast
Re: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN]
April 12, 2016, 11:32:21 AM
#30
Quote from: MoNet-Team on April 12, 2016, 09:52:35 AM
Quote from: badam on April 12, 2016, 09:33:42 AM
Actually i got it working too for some strange reason i had to specify the port in the conf file that is not needed for other coins.
Nevermind it works now.

Glad to hear that and I'm sure we can look at that for future ref  Wink

Quote from: Altcoin11 on April 12, 2016, 09:34:34 AM
13 connections now with the nodes dev posted.

Awesome news there Cheesy glad they helped




I'm connected to 6 other nodes now, but still not updating beyond block 24728. I'm wondering if running the wallet sandboxed has anything to do with it... I'll leave it for awhile and see if I can connect to any other nodes that start feeding me blocks greater than 24728 I guess. I'll edit this post when I get it working.
MoNet-Team
newbie
Activity: 42
Merit: 0
Re: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN]
April 12, 2016, 11:25:24 AM
#29
^^^^^^^^^^^ BOLD BIT ABOVE ANYBODY ^^^^^^^^^^^
MoNet-Team
newbie
Activity: 42
Merit: 0
Re: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN]
April 12, 2016, 11:11:58 AM
#28
Quote from: badam on April 12, 2016, 11:05:54 AM
Dev team should stop staking IMO as network weight is crazy high and nobody else will be able to compete with the 300K premine to get a stake

700k has been burnt which means they are removed from staking.

The remaining Funds ie 299,500 have Been Reserved now.


It was to see how fast stakes was and my god they are bloody faster than we thought  Grin


EDIT: anybody know a trustworthy person who can hold the 299,500 MNT for bounties etc

badam
hero member
Activity: 770
Merit: 500
Re: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN]
April 12, 2016, 11:05:54 AM
#27
Dev team should stop staking IMO as network weight is crazy high and nobody else will be able to compete with the 300K premine to get a stake
MoNet-Team
newbie
Activity: 42
Merit: 0
Re: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN]
April 12, 2016, 10:44:48 AM
#26
Quote from: jimlite on April 12, 2016, 09:36:30 AM
Quote from: samspaces on April 12, 2016, 08:28:21 AM
5,000 coins for a masternode?

I only need to mine 25000 blocks for that!

Once you start staking you will be getting more coins, but for that many exchange will be needed, they can be bought. But like I said originally, .2 block rewards is very low.


We have messaged Exchanges Regarding MNT and Listing it, But yes buying it would be the easiest option to get enough Funds for a MasterNode short of stakes Wink

It was done on purpose Wink Wink
MoNet-Team
newbie
Activity: 42
Merit: 0
Re: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN]
April 12, 2016, 10:20:51 AM
#25
Quote from: OSMIUMCOIN on April 12, 2016, 10:18:32 AM








Would love some better graphics but until my Level gets higher I Cannot post picture's as I'm aware of
OSMIUMCOIN
hero member
Activity: 980
Merit: 1000
.
Re: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN]
April 12, 2016, 10:18:32 AM
#24






MoNet-Team
newbie
Activity: 42
Merit: 0
Re: [ANN][MNT] MoNet QUARK POW/POS Hybrid MasterNodes, InstantX, Messaging[MNT][ANN]
April 12, 2016, 10:03:37 AM
#23
Nice to see all these Diff Level Accounts Cheesy & glad all are connecting and syncing ok now too, I will see what bounties i can get done today too
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