Topic: [ANN][PHS][50% PoS] PhilosopherStone | NoPremine |10 month Dist | 1.6.4.1 - page 56. (Read 121938 times)
January 24, 2014, 08:14:51 AM
Some noob questions about the wallet..
Do I have to update or install the new wallet?
Or can I just stick with the older version?
+ How do I update without losing the coins in my old wallet?
January 23, 2014, 09:24:11 PM
This coin making a deserved comeback 
Good, wouldn't mine seeing a 150x boost like the last rally.
I think its about time to think about branding of PHS going froward and would appreciate any feedback. This is an open project and should be a team effort, not just one individual. I know some posts have said they are interested in doing this. Obviously we need a consistent image and message, and would be best if we had someone to do this full time, or at least put the time in to do it. I know a few also wanting to slowly accumulate (ie sleeper) and then proceed. PHS stake is a simple 50%, no abstract math algorithms here, and its main feature.
Also some are interested in changing the look of the client and this is not really very difficult as long as someone can put the graphic work in and something we can agree on. Open to suggestions and thoughts of how to go forward. PHS might be more successful being more than a one man show/skeleton crew.(I do know some are actively helping).
If we have weak spots or areas no one can contribute the time to,then PHS is going to need some donations for bounties to fill in these gaps as well.
Yep I agree , I posted what we have so far here: (can get someone to do a voting poll, maybe get some more images?)
https://bitcointalksearch.org/topic/annphs50-pos-philosopherstone-nopremine-10-month-dist-1641-292720
I think marketing is the big issue,.. I do simple things like add a reference in my signature, simple for anybody to do, but we need someone dedicated to this.
most of my POS blocks always go to a ? and never mature... is the POS on this coin malfunctioning? no way should over 50% of POS minted blocks do this.
January 23, 2014, 06:34:13 PM
This coin making a deserved comeback
Good, wouldn't mine seeing a 150x boost like the last rally.
I think its about time to think about branding of PHS going froward and would appreciate any feedback. This is an open project and should be a team effort, not just one individual. I know some posts have said they are interested in doing this. Obviously we need a consistent image and message, and would be best if we had someone to do this full time, or at least put the time in to do it. I know a few also wanting to slowly accumulate (ie sleeper) and then proceed. PHS stake is a simple 50%, no abstract math algorithms here, and its main feature.
Also some are interested in changing the look of the client and this is not really very difficult as long as someone can put the graphic work in and something we can agree on. Open to suggestions and thoughts of how to go forward. PHS might be more successful being more than a one man show/skeleton crew.(I do know some are actively helping).
If we have weak spots or areas no one can contribute the time to,then PHS is going to need some donations for bounties to fill in these gaps as well.
Yep I agree , I posted what we have so far here: (can get someone to do a voting poll, maybe get some more images?)
https://bitcointalksearch.org/topic/annphs50-pos-philosopherstone-nopremine-10-month-dist-1641-292720
I think marketing is the big issue,.. I do simple things like add a reference in my signature, simple for anybody to do, but we need someone dedicated to this.
January 23, 2014, 05:50:02 PM
This coin making a deserved comeback
Good, wouldn't mine seeing a 150x boost like the last rally.
I think its about time to think about branding of PHS going froward and would appreciate any feedback. This is an open project and should be a team effort, not just one individual. I know some posts have said they are interested in doing this. Obviously we need a consistent image and message, and would be best if we had someone to do this full time, or at least put the time in to do it. I know a few also wanting to slowly accumulate (ie sleeper) and then proceed. PHS stake is a simple 50%, no abstract math algorithms here, and its main feature.
Also some are interested in changing the look of the client and this is not really very difficult as long as someone can put the graphic work in and something we can agree on. Open to suggestions and thoughts of how to go forward. PHS might be more successful being more than a one man show/skeleton crew.(I do know some are actively helping).
If we have weak spots or areas no one can contribute the time to,then PHS is going to need some donations for bounties to fill in these gaps as well.
January 23, 2014, 03:52:27 PM
This coin making a deserved comeback
Good, wouldn't mine seeing a 150x boost like the last rally.
I think its about time to think about branding of PHS going froward and would appreciate any feedback. This is an open project and should be a team effort, not just one individual. I know some posts have said they are interested in doing this. Obviously we need a consistent image and message, and would be best if we had someone to do this full time, or at least put the time in to do it. I know a few also wanting to slowly accumulate (ie sleeper) and then proceed. PHS stake is a simple 50%, no abstract math algorithms here, and its main feature.
Also some are interested in changing the look of the client and this is not really very difficult as long as someone can put the graphic work in and something we can agree on. Open to suggestions and thoughts of how to go forward. PHS might be more successful being more than a one man show/skeleton crew.(I do know some are actively helping).
If we have weak spots or areas no one can contribute the time to,then PHS is going to need some donations for bounties to fill in these gaps as well.
January 23, 2014, 01:44:13 PM
This coin making a deserved comeback
January 22, 2014, 02:04:30 PM
NEW WALLET update GET IT HERE:::
http://sourceforge.net/projects/philosopherstone/files/PHS/Philosopherstone-1.3.2-win32.zip/download
-digeros
http://sourceforge.net/projects/philosopherstone/files/PHS/Philosopherstone-1.3.2-win32.zip/download
-digeros
January 21, 2014, 09:43:53 PM
I really want to mine it, but the difficulty is too high, it seems caused by POS blocks, do you have any plan about this issue, if not, it will be a pure POS coin soon.
There has always been a fight PoS vrs PoW and PoS has been winning for some time now. There is those times of difficulty drops that makes great opportunities to PoW mine quite well. The long term goal of all PoS is this direction, which favors less energy usage to maintain the network longterm (i.e. you don't need mining hardware to create money supply) ,vrs for example BTC which is ever increasing use of resources. I think longer term this will become more acknowledged.
and other times I wonder if we just kick the decimal to the right 5 or 6 spaces and rebrand as DawgStone
Thanks for your reply, in my opinion, pure pos coin should get more application, because of POW coin can definition the price as pow hashrate.
January 21, 2014, 03:30:05 PM
I really want to mine it, but the difficulty is too high, it seems caused by POS blocks, do you have any plan about this issue, if not, it will be a pure POS coin soon.
There has always been a fight PoS vrs PoW and PoS has been winning for some time now. There is those times of difficulty drops that makes great opportunities to PoW mine quite well. The long term goal of all PoS is this direction, which favors less energy usage to maintain the network longterm (i.e. you don't need mining hardware to create money supply) ,vrs for example BTC which is ever increasing use of resources. I think longer term this will become more acknowledged.
and other times I wonder if we just kick the decimal to the right 5 or 6 spaces and rebrand as DawgStone
January 21, 2014, 11:33:16 AM
This is the block Explorer Balance of the Development Fund for PHS and
http://diamondblocks.info/address/9fy8YX65LbUCeakWvXmNYrisrnK96ZGwtf
I am STUNNED TO SEE THE CHEAPNESS of this community.... I know that I am the one who sent the 10K... But that is all spent for VPS hosting (geek stuff to support the young stone network)
You Guys want a Developer Who has to get a DAY-JOB to pay his Rent?
? You want PHS to die on the vine??? If you like PHS as one of the BEST POS systems coin THEN SUPPORT IT. ways you can support PHS:
Run your wallet 24/7 so it will act as a node.
Write letters to companies that can give PHS payment services like coinpayments.net and any others you know..
Vote to have PHS added to more websites and services when it is possible.
donate PHS or BTC to the PHS Developments fund... thanks
-digeros
http://diamondblocks.info/address/9fy8YX65LbUCeakWvXmNYrisrnK96ZGwtf
I am STUNNED TO SEE THE CHEAPNESS of this community.... I know that I am the one who sent the 10K... But that is all spent for VPS hosting (geek stuff to support the young stone network)
You Guys want a Developer Who has to get a DAY-JOB to pay his Rent?
? You want PHS to die on the vine??? If you like PHS as one of the BEST POS systems coin THEN SUPPORT IT. ways you can support PHS:Run your wallet 24/7 so it will act as a node.
Write letters to companies that can give PHS payment services like coinpayments.net and any others you know..
Vote to have PHS added to more websites and services when it is possible.
donate PHS or BTC to the PHS Developments fund... thanks
-digeros
January 21, 2014, 04:11:19 AM
I really want to mine it, but the difficulty is too high, it seems caused by POS blocks, do you have any plan about this issue, if not, it will be a pure POS coin soon.
January 21, 2014, 04:09:38 AM
Did you send any coins out of the wallet since then?, or done any transfers (this can reset them), also did you set reserve balance option?
If no on these , Pm me What version + trans# or address, if possible..
If no on these , Pm me What version + trans# or address, if possible..
I have 1060 coins ago, and transferred out 1K days ago, leave 60 coin in my wallet, these 60 coin's age has been reset 0 too? I think I don't move them in the whole period, why their age reset with the 1K coin?
Yes this is normal behavior, if you are sending coins it's best to wait for stake first. If you have an input for 1060 the wallet will break this up and coin age will reset on all to make output. Here is exact example:
(its these two dates and times for posts, if you are directed to top of page, it's near bottom)
please see my response post after this
https://bitcointalksearch.org/topic/m.4410041
Thanks, I got it.
Another question, if I transfer in some coins, will it reset all the coin's age in the wallet? Or use the wallet for solo mining, the pow block will reset the whole coin's age?
No Problem.
No only the stones in the input it uses to spend(out,incoming is fine). And solo mining PoW blocks is fine (unless you move those specific stones).
Speaking of which coin choose is down.. so anyone who wanted to mine easy... well there you go
Thanks for your reply:)
January 21, 2014, 04:03:00 AM
Did you send any coins out of the wallet since then?, or done any transfers (this can reset them), also did you set reserve balance option?
If no on these , Pm me What version + trans# or address, if possible..
If no on these , Pm me What version + trans# or address, if possible..
I have 1060 coins ago, and transferred out 1K days ago, leave 60 coin in my wallet, these 60 coin's age has been reset 0 too? I think I don't move them in the whole period, why their age reset with the 1K coin?
Yes this is normal behavior, if you are sending coins it's best to wait for stake first. If you have an input for 1060 the wallet will break this up and coin age will reset on all to make output. Here is exact example:
(its these two dates and times for posts, if you are directed to top of page, it's near bottom)
please see my response post after this
https://bitcointalksearch.org/topic/m.4410041
Thanks, I got it.
Another question, if I transfer in some coins, will it reset all the coin's age in the wallet? Or use the wallet for solo mining, the pow block will reset the whole coin's age?
No Problem.
No only the stones in the input it uses to spend(out,incoming is fine). And solo mining PoW blocks is fine (unless you move those specific stones).
Speaking of which coin choose is down.. so anyone who wanted to mine easy... well there you go
January 21, 2014, 02:27:29 AM
Did you send any coins out of the wallet since then?, or done any transfers (this can reset them), also did you set reserve balance option?
If no on these , Pm me What version + trans# or address, if possible..
If no on these , Pm me What version + trans# or address, if possible..
I have 1060 coins ago, and transferred out 1K days ago, leave 60 coin in my wallet, these 60 coin's age has been reset 0 too? I think I don't move them in the whole period, why their age reset with the 1K coin?
Yes this is normal behavior, if you are sending coins it's best to wait for stake first. If you have an input for 1060 the wallet will break this up and coin age will reset on all to make output. Here is exact example:
(its these two dates and times for posts, if you are directed to top of page, it's near bottom)
please see my response post after this
https://bitcointalksearch.org/topic/m.4410041
Thanks, I got it.
Another question, if I transfer in some coins, will it reset all the coin's age in the wallet? Or use the wallet for solo mining, the pow block will reset the whole coin's age?
January 21, 2014, 02:14:25 AM
Did you send any coins out of the wallet since then?, or done any transfers (this can reset them), also did you set reserve balance option?
If no on these , Pm me What version + trans# or address, if possible..
If no on these , Pm me What version + trans# or address, if possible..
I have 1060 coins ago, and transferred out 1K days ago, leave 60 coin in my wallet, these 60 coin's age has been reset 0 too? I think I don't move them in the whole period, why their age reset with the 1K coin?
Yes this is normal behavior, if you are sending coins it's best to wait for stake first. If you have an input for 1060 the wallet will break this up and coin age will reset on all to make output. Here is exact example:
(its these two dates and times for posts, if you are directed to top of page, it's near bottom)
please see my response post after this
https://bitcointalksearch.org/topic/m.4410041
January 21, 2014, 02:07:45 AM
Is there a client for Mac?
There was one floating around but it's not from a trusted source. I have been working on it but haven't really had the time to get it working just yet. But will get to this soon.
January 21, 2014, 01:56:12 AM
Did you send any coins out of the wallet since then?, or done any transfers (this can reset them), also did you set reserve balance option?
If no on these , Pm me What version + trans# or address, if possible..
If no on these , Pm me What version + trans# or address, if possible..
I have 1060 coins ago, and transferred out 1K days ago, leave 60 coin in my wallet, these 60 coin's age has been reset 0 too? I think I don't move them in the whole period, why their age reset with the 1K coin?
January 21, 2014, 12:47:30 AM
Is there a client for Mac?
January 20, 2014, 11:26:30 PM
Did you send any coins out of the wallet since then?, or done any transfers (this can reset them), also did you set reserve balance option?
If no on these , Pm me What version + trans# or address, if possible..
If no on these , Pm me What version + trans# or address, if possible..
January 20, 2014, 11:21:44 PM
This 50% PoS minting seems too good. Aren't there any drawbacks to such a high mining interest? What happens to PoS when the limit of coin production is reached?
50% is if there is no transactions (ie> losses of fees and coinstakeage), everyone stakes optimally, and other factors, it's really not possible to approach 50%. What the actual % eventually is remains to be seen.
It's much higher on some other coins 100% or even much more. so far it hasn't really been an issue as you can see in current supply after 6+months. There is the potential of heavy transactions taking place sometime in the future resulting in large fee destruction. You can actually see this happen now on occasion with a large transfer, the money supply actually goes down (if fees > reward).
As far raising/lowering limits, this can be adjusted with a vote of miners/stakeholders to increase or decrease limits/ or other parameters (sometime in future if need arises). I feel if PHS ever needs a 'fork'' ie adjustment .. it can be decided by super-majority.
Thanks for the info. Whch coins offer 100%+ in PoS minting?
It seems too easy to just invest a lot of money in the coin and sit back and collect new minted coins. If the market value goes down and stays down then I'm in trouble but it not then I benefit from the minted coins. In this respect it's similar to some high risk bond or ETF that pays a high percentage but the unit price can fluctuate a lot.
Yep, I also forgot to mention that exchanges (and others) usually don't have stake running for obvious reasons, so that's another ~10-20%(perhaps more) of money supply not creating inflation. This is actually likely the biggest offset to the '50%'
Also, if you buy PoS vrs PoW cryptos, you can always just put them in wallet and create stakes if market goes the wrong way for you, and wait it out or just have a steady income every 5-10 days(PHS) to sell off (or compound). And yes its very similar and i suspect many use the stake return for a steady income. You might want to start small to see how it works in real-time (or use testnet which is hundreds of times faster) .
I have some PHS in wallet since Jan 7th, but still can't get the pos reward, why?
wallet encrypted?
No
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