Topic: 🔄🔄🔄🔄 ――――― ▲ MOIN ――――― It's not dead. It's resting ―――― 🔄🔄🔄🔄 - page 20. (Read 123411 times)

Great update. Laptop giveaway is a great way to get more people involved. I will be participating 

Thanks for the update Jookly,

Its great to see the MOIN community growing now as more people start to find out about this hidden gem. I'll be sure to tweet about this Laptop raffle which I'm sure will create a lot of interest and may even bring more people into the MOIN community.

Fortnightly Sunday Update #18



Hello lovely Moin community.  I am excited to be getting back in the swing of our bi-weekly updates here.  Moin and crypto in general finished 2017 incredibly strong and our community has been growing faster than ever.  This week has some cool announcements in it so be sure to read the details!

Community Growth

Lots of people have been discovering MOIN in the last couple months and this is reflected by all the new chatter across our previously existing a newly implemented communication channels.  Since our last update we have added in our community run Discord:https://discord.gg/c58dGAH and Telgram: https://t.me/joinchat/Hb1PLw0270rqCMrwKIFBLg rooms to the MOIN chat system.  

We have also seen big growth on our sub reddit which opened near the end of last year.  We are really looking forward to growing our reddit presence so please be sure to stop by there to say hello or let us know what flavor syrup you put on your MOIN cakes. https://www.reddit.com/r/Moin/

Find more info about ways to communicate within the MOIN community @ http://www.moinmovement.org/communicate.html

MOIN F.A.Q's

The aforementioned community growth has provided us with a clearer view of some questions many people need answered.  This allowed us to create the first version of the MOIN F.A.Q's.  You can find the F.A.Q's @ https://www.reddit.com/r/Moin/wiki/faq and also @ http://www.moinmovement.org/faq.html .  I would love to expand the FAQ section so hopefully over time we can get more important questions and answers onto those pages.

Moin Movement Laptop Raffle

Last but not least it is my pleasure to announce the beginning of the Moin Movement Laptop Raffle!  People who have been around for a while know I have looked forward to bringing a new raffle project to MOIN and I think this one is bigger and better than ever.  The prize this time around is an Acer Predator Helios 300 Gaming Laptop: https://goo.gl/JaaPhZ .  Entries into the raffle are 1 MOIN each and directions on how to enter can be found @ http://www.moinmovement.org/laptop-raffle-instructions.html
 

Talk to you soon
- Jookly

Thanks for the report mate as this will help newbies getting into staking MOIN. Like I say to people who ask me about staking, its all about trying different blocks of coins to stake and see which works best. That is why I recommend people getting into MOIN and want to stake that 1k be the minimum to stake as they will at least get a few stakes weekly. The more someone has the better but sometimes people can't afford too much so even 500 is good going by your report to get a couple of stakes. I'll be interested to see the report in a few weeks from now.

Proof of stake is the method by which proof of stake blockchains, such as MOIN, generate blocks. If there are no stakers then there will be no blocks and therefore no transactions.  I recommend doing a google search for proof of stake and start learning. It has been explained in detail (you could check out the whitepapers! ) by many people, including those that invented it.

based on the above questions/answer from northa/vella85, I made some tests about the required size of moin balance for good staking results.
On 15th Jan 2018 23:42, I filled addresses with the following balances: 100/200/500/1000/2000/5000.

Now, after roughly 4 days and 12 hours, I have the balances below (The wallet was running nearly 24/7 in this period):
100 -> 100 = 0 staking rewards, 0%
200 -> 200 = 0 staking rewards, 0%
500 -> 503 = 2 staking rewards, +0.6%
1000 -> 1006 = 4 staking rewards, +0.6%
2000 -> 2009 = 6 staking rewards, +0.45%
5000 -> 5018 = 12 staking rewards, +0.36%

So I wouldn't try to stake coins with less than 500 MOIN balance on it.

In the long run, the percentage earnings from staking should align to each other.
I will continue to monitor the balances and report again here in a few weeks.

Its a good thing as we need more people joining and support the MOIN network by staking.
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Can you explain in which way a staking wallet support the Moin network?

Sorry I couldn't reply as I was away for a couple of days but I'm glad to see you got your answer yourself.

Yes MOIN is once again cheap to buy and I myself might even stock up on some more just to help keep up with the network weight as it has risen a little recently as I think more people have joined the MOIN community and are staking. Its a good thing as we need more people joining and support the MOIN network by staking.

Answering to my own question - moin wallet in running state uses ~ 600mb of RAM and blockchain size is approximately 1Gb. So 2 gb ram and 10gb rom for vm is ok.
P.s
I'm very happy that i was able to get more cheaper coins. Now i'm trying to stacking:)

Thanks for advice! I've also think MOIN is a good investment in long term. If you don't mind, I have one more question but now regarding moin blockchain. Could you please tell me, the approximate size of moin blockchain in megabytes and how many RAM is enough for wallet? I want to create a virtual machine for staking and this info would be very useful for me. Thanks in advance

You're welcome my friend, If you can it would be better for you in the long run to get more MOIN now. Actually it might be a good time as the price has come down a bit since a few days ago. I'm not sure if there is a staking calculator however you can get a rough idea on how much you can earn once you start staking regularly.

Thanks for making clear this point. It was very helpful! I'll try to buy as many coins as i can. Btw maybe there is some staking calculator?

I can try and help answer this, a few hundred won't earn you a stake for a long time unless you get lucky. I highly recommend you try and get at least 1k+ MOIN to stake as that amount should earn you a couple of stakes a week. If you want a daily stake then 2k should be the right amount, remember it all depends on the network weight at the time of staking so if you can, try and leave your computer staking as long as possible. At least 12 hours or even better 24/7 as you'll earn a lot more rewards.

Bought a few hundreds of MOIN, but not sure if this amount enough for pos stacking. Can somebody tell me how much do i need for staking?

should we have a vote to see how much of the community actually wants to go through with another coin swap for moin?

I like the coin, the wallet, the staking model and the community, we have all the future in front of us to help devs building a cool digital coin!

thanks! it worked

This is definitely undervalued. I mean, look at the spike

for me most undervalued one is xspec coins.yeah i know you have seen a lot of shilling on this forum about this project and a lot of people acusing them of being paid for spamming,but in fact devs are being paid(through donation which means everything is voluntary) by the community to continue to work on the project and keep it going in future. I  mostly think its undervalued cause they have good featurues for privacyy  which i don't wanna go to details,devs are being very active and responsive to community and every question people ask they answer ,being about tech or future plans,exchanges etc. they promised stealth staking for q2 of this year which is tech that no one has it  yet and before they release it they will realease ghost paper where its described how they managed to do it.so  I have high hopes for that one,hope they deliver cause stealth staking is gonna take the project to next level.also they have 0 funds invested in marketing so community memebers go to forums and other sites and try to mention xspec wherever they can.their reddit when i entered in early december was 100 people,even less.after 1 month we have almost 1.2k members which is not bad considering everything was being marketed by community, which i think we can do with moin . if we get more people involved,we will see progress in growing community which i think is very important thing for the project

MOIN does have a big community, the thing is most just like to keep to them self's and not interact on forums or other places like Reddit or slack. For the ones that have been in MOIN for a long time now know that this is a long term project that will take time so most of us just prefer to let the dev go along with his business working on the MOIN project. The Rddit was just created not long ago so its going to take time for it to grow and like I said most of the long term holders don't like to say much. It does show that MOIN has a big community going by how many peers the MOIN network has and most are active 24/7. I'm hoping that 2018 is the year we see MOIN start to shine!