Trying to learn about different altcoins, and thought I would share this here, I like the idea of a Philosophers Coin.
https://bitcointalksearch.org/topic/what-will-happen-to-your-favorite-alt-coin-321086
Topic: [ANN][PHS][50% PoS] PhilosopherStone | NoPremine |10 month Dist | 1.6.4.1 - page 66. (Read 121967 times)
October 29, 2013, 05:18:30 PM
October 29, 2013, 04:58:16 PM
anyone interested in a CoinEX pool for PHS ?
October 29, 2013, 04:34:52 PM
Looks like I have a transactions that is stuck:
http://coin-base.net/philosopherstone_blockcrawler/index.php
THis was a transfer to cryptsy, still not appearing. any ideas? I also created a ticket with cryptsy in case the issue is on their end.
http://coin-base.net/philosopherstone_blockcrawler/index.php
THis was a transfer to cryptsy, still not appearing. any ideas? I also created a ticket with cryptsy in case the issue is on their end.
Been seeing the same problem since last week. I've transfers to Cryptsy that now show several 1000s of confirmations on the block explorer but haven't made it there.
Transfers out of Cryptsy don't appear on the block explorer and are lost. I've opened a support ticket but it doesn't seem as if they are particularly interested in resolving it.
October 29, 2013, 12:36:24 PM
Palmdetroit, when POW mining almost run its course what you planning to do with 50% of pos-mining? no economy will sustain 50% annual inflation...
That is ACTUALLY Mathematically WRONG because that would require that NO TRANSACTIONS OCCUR AT ALL, thus allowing ALL COINS to develop full Coin-age creating 50% inflation of the number of coins, which if distributed across the network (ie. held widely / democratically distributed vs. being issued by one issuer). So, transactions create a deflationary force counteracting this POS coin creation. PHS really needs more transactions, one of the quick ways to get more people interested in PHS would be for authors on REDDIT.COM to start accepting PHS. - digeros 
October 29, 2013, 12:31:28 PM
Looks like I have a transactions that is stuck:
http://coin-base.net/philosopherstone_blockcrawler/index.php
THis was a transfer to cryptsy, still not appearing. any ideas? I also created a ticket with cryptsy in case the issue is on their end.
http://coin-base.net/philosopherstone_blockcrawler/index.php
THis was a transfer to cryptsy, still not appearing. any ideas? I also created a ticket with cryptsy in case the issue is on their end.
October 27, 2013, 11:54:14 AM
Palmdetroit, when POW mining almost run its course what you planning to do with 50% of pos-mining? no economy will sustain 50% annual inflation...
October 24, 2013, 11:48:07 AM
Is there a block explorer somewhere for phs? I think there is some forking going on
http://coin-base.net/philosopherstone_blockcrawler/index.php
October 24, 2013, 07:37:24 AM
Is there a block explorer somewhere for phs? I think there is some forking going on
October 23, 2013, 03:09:44 PM
sheinsha, do you know how much reward now?
Last block found "amount" : 32.00000000,So we have officially halved
October 23, 2013, 12:18:23 PM
sheinsha, do you know how much reward now?
October 23, 2013, 11:39:59 AM
I'm mining PHS in your pool.
I'm trying to understand PHS.
What is PoS and being paid interest? Do I have to leave coins in wallet? Does the pool earn interest?
What about double payout for first 5 days. Is that solo mining or the pool, or was that 5 days a year ago?
POS is Proof of Stake and depends on coin-age, so coins must "rest" in a wallet (like savings).I'm trying to understand PHS.
What is PoS and being paid interest? Do I have to leave coins in wallet? Does the pool earn interest?
What about double payout for first 5 days. Is that solo mining or the pool, or was that 5 days a year ago?
I believe most wallets on servers/Pools are not "Unlocked" for POS generation, so if you want to get your POS coins, you should bring all your coins together in a main wallet on your machine and unlock the wallet regularly to receive your POS coins.
To get POS shares (from a password protected wallet), unlock your wallet with the console command : walletpassphrase PASSWORD 999999 true
Yes the double payout was for the first five days of the BlockChain (to promote the POS side of the network by creating enough coin age to matter)- so long gone are those days.
-digeros
Exactly!
Aurum, if you need help setting up you phs.minar.cc account to autocashout to your wallet so you can take advantage of the PoS block generation let me know here (or PM Me) ! It is very easy.
October 23, 2013, 08:52:25 AM
how can we see a reward now?
October 23, 2013, 08:04:15 AM
Past the halving point 
What? PHS didn't triple in value yet
@Palmdetroit
Assuming the POW/POS block ratio remains constant, next halving will be at ~1,940,000 coins and total coins when POW mining stops ~2,565,000 coins.
The ratios will not remain constant, so these numbers may be too much, or too little, time will tell. However it's bounded up by ~5,700,000 mined coins, you cannot go beyond that, and each POS block lower this bound further.
Still didn't triple in value weird.
What? PHS didn't triple in value yet
@Palmdetroit
Assuming the POW/POS block ratio remains constant, next halving will be at ~1,940,000 coins and total coins when POW mining stops ~2,565,000 coins.
The ratios will not remain constant, so these numbers may be too much, or too little, time will tell. However it's bounded up by ~5,700,000 mined coins, you cannot go beyond that, and each POS block lower this bound further.
Still didn't triple in value
weird. October 22, 2013, 10:41:11 AM
It's interesting to see what will happen with PHS after reward halving.
October 22, 2013, 08:34:35 AM
are you ready to halving reward? 
October 21, 2013, 08:47:52 PM
Swift Mint Philosopherstone Mining Pool Now Open
I have just launched a new PHS pool and I am looking for miners to help it get off the ground.
The pool can be found at http://phs.swiftmint.com.
Hope to see you there!
STRATUM ADDRESS
stratum+tcp://phs.swiftmint.com:3311
DETAILS
Reward type is PPLNS
Block is paid after 60 confirmations.
Variable difficulty (VARDIFF) is enabled.
There is currently a 1% pool fee.
I have just launched a new PHS pool and I am looking for miners to help it get off the ground.
The pool can be found at http://phs.swiftmint.com.
Hope to see you there!
STRATUM ADDRESS
stratum+tcp://phs.swiftmint.com:3311
DETAILS
Reward type is PPLNS
Block is paid after 60 confirmations.
Variable difficulty (VARDIFF) is enabled.
There is currently a 1% pool fee.
October 21, 2013, 06:07:48 PM
64,000 or in about 500 blocks
or 64,800
// Subsidy is cut in half every 64,800 blocks, which will occur approximately every 3 months
nSubsidy >>= (nHeight / 64800);
720*90 ya, Guess I just like the clean 64,000 number
So it's gonna be awhile longer.going to search through the code in case I didn't see 64,000 someplace
October 21, 2013, 05:45:39 PM
64,000 or in about 500 blocks
or 64,800
October 21, 2013, 11:21:36 AM
I'm mining PHS in your pool.
I'm trying to understand PHS.
What is PoS and being paid interest? Do I have to leave coins in wallet? Does the pool earn interest?
What about double payout for first 5 days. Is that solo mining or the pool, or was that 5 days a year ago?
POS is Proof of Stake and depends on coin-age, so coins must "rest" in a wallet (like savings).I'm trying to understand PHS.
What is PoS and being paid interest? Do I have to leave coins in wallet? Does the pool earn interest?
What about double payout for first 5 days. Is that solo mining or the pool, or was that 5 days a year ago?
I believe most wallets on servers/Pools are not "Unlocked" for POS generation, so if you want to get your POS coins, you should bring all your coins together in a main wallet on your machine and unlock the wallet regularly to receive your POS coins.
To get POS shares (from a password protected wallet), unlock your wallet with the console command : walletpassphrase PASSWORD 999999 true
Yes the double payout was for the first five days of the BlockChain (to promote the POS side of the network by creating enough coin age to matter)- so long gone are those days.
-digeros
October 20, 2013, 11:13:22 PM
I'm mining PHS in your pool.
I'm trying to understand PHS.
What is PoS and being paid interest? Do I have to leave coins in wallet? Does the pool earn interest?
What about double payout for first 5 days. Is that solo mining or the pool, or was that 5 days a year ago?
I'm trying to understand PHS.
What is PoS and being paid interest? Do I have to leave coins in wallet? Does the pool earn interest?
What about double payout for first 5 days. Is that solo mining or the pool, or was that 5 days a year ago?
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