Topic: [ANN][ROI] ROI Coin | CPU Only Solo Mining Hybrid | 15% POS | 593% Term Deposit - page 117. (Read 107976 times)

From what I gather, if your wallet isn't updated at the time of the fork, it would be on the old network so if your 15 machines are connected and mining on the old wallet, you will basically be creating your own chain. Any blocks you mined on the old wallets after the fork would be invalid.

Hi,

So I have around 15 machines mining ROI at the moment and they all run their own wallets for mining and then payout to a centralised wallet. I will be away for a while and am just worried about this banned notion. Exactly when should we be updating our wallets and is it enough to update the central wallet which holds all the mined coins?

thanks

Looks like the blockchain has sped up a bit. I had term deposit due to mature on the 7^th Dec and it's just changed it's maturity date to the 6^th.

If you install the wallet and just open it and let it run it should synchronize automatically fairly quickly...

I would like to buy your coin, but do not know how to synchronize the block chain? Never engaged in mining.
In general, the coin seems very attractive for investment. The price will definitely grow.

If your wallet is not updated at the time of the fork you will be banned from the network. You won't be able to mine, send or receive coins. Your existing coins will be fine and you won't lose them.

The estimated date will likely be off a bit because of the explanation you gave. We didn't modify the MIDAS algo in this update but I can't predict exactly how many blocks the chain will spit out per day. We have made a higher staking APR as compared to the original target goal and this will help some with the block count being slower. If the chain continues to run at 80% even with the network hash staying at a steady rate we will take a look at the algo and see how that can be adjusted.

What will happen if i have a wallet that I cannot update before the fork, I only use it to send some term deposit coin, its ok if I update after?

It's the same with me. I have 400 h/s, so I should hit 2 block per day.
Should I mine to the wallet address or can I just mine to my exchange address?

Mining on Cluster for 2 days. No coins yet. T_T

Thank you for your hard work and new wallet! We only get ~600 blocks per day instead of 720, so I think block 25000 will be reached on 17.12./18.12. Or am I wrong?

Are there any changes with the fork (on MIDAS or something else) to increase the block finding per day? We still find only 80% of expected blocks per day since coin has startet.

Important Announcement:

As you are probably aware ROI Coin is listed at CoinsMarkets Exchange.

Also, you should already be aware that we are pending a hard fork at block 25,000 which should occur on or around December 15th.

Some of you may have coins at the exchange and others of you may be considering buying or selling coins at the exchange.

We have already submitted the newest wallet release to the exchange and they have already compiled it and have it running as of now with no issues. Mind you I just sent them an email and within just a few hours they had this completely taken care of. Hats off to CoinsMarkets for doing a super terrific and very fast job on this. I am very pleased with how they handled our fork on their end.

What this means is this is yet another step that is on our way to what we hope to be the most boring fork in the history of cryptocurrency. You can feel free to keep coins at this exchange or buy and or sell coins at this exchange before during and after the fork with no issues.

We have worked very hard to provide a fork that is focused on the needs of the community and in that mindset we want to move pre-fork/fork/post-fork smoothly and with no interruption to your mining, staking, term-depositing and exchange activities. Even the wallet update has been focused with the intent of click-click and you're done. No re-syncing the block chain, no wallet zapping, or any of that. You should be able to overwrite your existing wallet with the new one with no technical skill or special techniques required. We do however always recommend that you create a fresh wallet.dat backup just to be on the safe side.

If you have any questions, comments or suggestions I would love to hear them. Thank you for your patience and as always your interest and participation in this coin is very much appreciated. ROI Coin is focused and revolves around it's community because without a community a coin is nothing.

Staking and term deposits are default on the old wallet and the new wallet. The code is designed that way. You do not need to do anything. If you have some coins in your wallet they will stake every block of the blockchain (approximately 2 minutes) and they will stake if your wallet is online or if your wallet is offline and they will stake if your wallet is locked or unlocked.

If you have had other staking coins you will quickly see that ROI is very different. Each wallet whether it has 1 coin or 1 billion coins and whether it is online or offline and whether it is locked or unlocked will stake exactly the same each and every time the blockchain spits out the next block.

If you have your wallet running and you watch your available balance you will see it increase every two minutes or so and every time the blockchain processes the next block...

For the new wallet.
Is staking default or staking=1 necessary on conf file?
How can I know my wallet is staking?

Never mind now its showing up Thank you for your hard work ^_^

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Important announcement:

ROI coin is currently at block 17000 and will hard fork at block 25000 on our about
December 15th. You need to download and update to the newest wallet version prior to the fork. You can find
the wallet at https://roi-coin.com/roi-coin-downloads or https://github.com/ROIcoin/ROIcoin/releases

If you have any questions about doing the update please refer to the Release Notes at the  GitHub link above.

Now that the new wallet with fork is ready, it's time to scoop up the cheap coins on CoinsMarkets. I'm sure we wont see those prices in the future!!

Interesting suggestion! The best way to help us make the wallet better for the community is submit your issues here: https://github.com/ROIcoin/ROIcoin/issues

Actually not a bad idea at all. Would be nice to be included in the next wallet release. Theoretically it shouldn't be too difficult am I correct?

I think it would be better if the wallet would not let the users make a term deposit longer than 365 days.