Topic: [DB][ANN] 凸 (◣_◢) 凸 ϟϟϟDISTROBLITZϟϟϟ ON 3 EXCHANGES ! 43 on MINTPAL ! 0%dice ! - page 17. (Read 46230 times)

I would rather have a safe wallet than a logo.  I am even fine with this logo if that is what is holding us up from getting a safe wallet.

Well if we do not get these minting then we will have nothing to gain interest on in the first month.  I think it has something to do with your conf file and your name and your password and maybe even the port.  I have gone through these forums looking all over the place and maybe there are many different ways depending on how the coin is set up.  I don't know.  I can not find a clear answer.  People keep saying wait on this or that.  I would just like a clear answer for this coin.  Looks like it has kinda been asked and DistroBlitz said something about passphrase and user and password and 99999.  I am assuming that ALL of that info is on the conf file.  All I put on mine to begin with was that node list and then I added the latest addnode= to the top of the list.  I just wanted to get the wallet working and all.  It is working and synced so I am going to add the info to the conf file that goes above the addnodes.  That is why I asked for someone that knew what they were doing to get this wallet to start trying to mint for us.  Maybe only DistroBlitz knows for this coin.  Anyway, I have encrypted since it synced up so well now just to work with the conf to get the minting started.  Also, this has already been brought up but it scares the crap out of me knowing that this wallet is not up to date and protected from that heartbleed thing.  A new wallet is needed badly.  Especially if we are going to have to be leaving the wallet open for it to mint.  Thanks

Thanks, but did you mean "more than 50% annual interest".  12.5% would be the relative interest earned in 3 months ( 1/4 of annual)... no?

I cant confirm if there is one currently in the works or not...

if their isn't one being worked on yet, I imagine we could offer a bounty for anyone able to get one going.

Can't say what the bounty would be though, the community would have to help decide on that figure.

You're right but you might not get more than 12.5% annual interest counting staked coins.

then you are good to go, you can now withdraw/trade your DB, congrats !!!

Blitzcoin will still show up in your balances, but you cant do anything with them.

I am no expert on POS minting, but here is my understanding... yes, the min stake period is 8 hours, so what this means is that your coins have a possibility of minting a block once the 8 hours has past, but not guaranteed.  I think POS minting is similar to POW in the fact that you can have a long draught of no blocks or you can hit 3 blocks in a row, depending how lucky you are at the time.  i also believe the longer your coins have stayed in your wallet, the better chance they have of minting a block.  your chances of minting a POS block is a combination of the amount of coins you have and also the coin age...
1000 30 day old coins will have a much better chance of minting a POS block than 1000 8 hour old coins.

i still need to do some reading on this as I have been pondering on similar questions recently.  if what I said above is true, then wouldn't the interest gained (50% annual rate for the next 3 months in this case) be an average number and not finite.  if I got lucky for the whole 3 months, could I end up with 75% interest ? or if i was unlucky I could only end up with 25% ?

POS minting is very interesting and my understanding of it is still quite limited, if anyone else can further explain or discredit what I have said, please go for it.

I'm not sure what the dev has set, but 8 hours is just for coins to mature. We will need to leave the coins in the wallet for a certain days for them to start minting. Remember, it's more than 1% a month, better than any banks out there 

Dev, I can't use this coin without Mac wallet.  How soon it will be available?

Will someone who's coins are minting please show your conf file to me and then tell me what else I am doing wrong.  It has been 8 hours on some of mine.  I would just like to see it happening.  I have never minted coins before.  I always went for the ones that didn't have that option.  I have seen the question in other threads also so I am not the only one.  I am probably doing just something small wrong.  Thanks

Yes I do see the ½ in distroblitz.

that is wierd, it should have happened automatically.  I would contact Bittrex about that...

you should show a balance of blitzcoin on your bittrex wallet, it is disabled now though.  And you should see also 1/2 your blitzcoin amount in distroblitz.

My BlitzCoin never converted to DistroBlitz on Bittrex. Do I need to do anything?

Coins just hit my wallet. Wallet looks cool. Great job everyone

lot of people asking how to swap now.

that is boring

Stay around and i will setup a plan for latecomers.

I'm not willing to make 1by1 so we will setup new swap time...

Check your PM. I sent it before reading this 

great work, you do indeed deserve some 'chill' time !!!! got my DB in my wallet now and waiting for my first stake.... go DistroBlitz

lol; it's me :p made it in 15mn because i needed a logo fast.

I'll open a logo contest soon too; and a wallet redesign.

If someone can make a mac wallet; we will consider adding a bounty to that too.

I may be afk a bit today; i spend my week on DB relaunch; so except if there's problems; i think i will chill a bit today if you guys can excuse me :p

LegendaryAnvil will take care of the test giveaway today i think; he will be back later for that. I ask him to make this public with a google doc. I want transparency with that coin. We would need to find an escrow and a protocol for the community to claim coin from him.

I thought about making a foundation; with like 3 people elected; to keep an eye on DB future project and to keep things transparent. If i can (slowly) go away from the head team; i think that is better for the coin and for the community or I'll be harassed by trolls and FUD spreaders. If I give that premine to the community; i think the transparency target will be reached

You are heavily encouraged to give your ideas and thoughts here; and be part of the collective.

If you have any question; don't pm me. Ask the question here; I could answer for everybody

ty

This community thing sounds like cool idea.

Creator of logo is same artist who created pinkcoin logo ?