Topic: [MOJO] MOJOv3 has been taken over by new devs - page 127. (Read 167301 times)

Good news! and good luck!!

That sound very good dev!

The new Mojocoin has been released as an ICO due to costs and also to ensure future development and to ensure a fraud free distribution and distribution beyond just Bitcointalk members. This is explained in the OP. We decided to "swap" the 2mill or so MOJOs distributed last year 1:1 to acknowledge the initial support. We had to move away from the Nxt chain to be able to create a coin as we wanted to create it. We are now in a position to develop this coin into something lasting and good. The ICO price is very low at 42 sats now and my guess is that the price on listing will be higher.

We would not be able to do what we want without some funds. I think it's fair when you will see what we will do with this project.

1:1 swap for old mojo? but everyone got old mojo for free. Why do people have to pay btc to get mojo now?

Livecoin has been confirmed to list Mojocoin from the start, i.e. after the ICO ends

I have received a lot of questions about staking of the Mojocoin wallet and I have made a quick overview over the main factors affecting staking.
I will try to slowly establish a Wiki as I realise that there may be many newcomers who are interested in Mojocoin and who have little experience of cryptos.

The stake system is based on coin age so that the higher your coin age for an address the more likely you are to ‘sign’ a block and get a stake reward. The minimum time you need to hold the coins ‘still’ in the address is 24 hours and the maximum is 30 days. After 30 days you reach the highest probability of ‘signing’ a block and the probability doesn’t decrease until you have ‘signed’ a block. Coin age is simply defined as the amount of currency times the holding period.

The coins that are eligible to stake needs to be ‘still’ in the address, i.e. not been in a transaction. If the coins are involved in a transaction the coin age is reset to zero.

At the moment the network is not in an ideal state as my wallet holds all the ICO coins and only a small fraction has been distributed. Nevertheless, if you have a look around the block explorer you will see that blocks are minted by proof-of-stake. After the final distribution the network will stabilise and block times will be stable.

In the illustration above the following terms indicate your chance of getting a stake reward.

(1) netstakeweight : 8698.58257276
This is an estimation of the total active stakeholders weight (in coin*day units) and gives an indication as to how many ‘mature’ coins there are in the network competing to sign the next block and get a stake reward.

(2) "stakeweight" : {
"minimum": 2319986897,
"maximum": 0,
"combined": 2319986897}
These numbers indicate your stake weight, i.e your coin age

It's hard to predict when you get a stake as it is a bit like a lottery but the higher your stake weight the greater your chances.

If you want to understand more about proof-of-stake please read the Peercoin white paper as this is one of the first implementations of proof-of-stake and Mojocoin works in a similar way:
https://peercoin.net/assets/paper/peercoin-paper.pdf

Oops, sorry, I thought that with more nodes there would be greater support to the network !!
I close the full node and deposit all  on Coinwallet.co .

CHANCE TO GET SOME FREE MOJO

Whilst we are waiting for our own Twitter tip bot to arrive I have linked our Twitter account: https://twitter.com/Mojodevs - @Mojodevs to the tip bot at Coinwallet.co

Sign up at Coinwallet.co and link your Twitter account to receive tips for good Tweets mentioning @Mojodevs #Mojocoin

So, if you compose some good Tweets you will receive Mojotips, more retweets attracts a higher tip....

Not to say that every Tweet will receive a tip, it needs to be something good.

Have you checked the block explorer? There are 56 nodes showing right now:
addnode=104.255.33.102
addnode=109.101.225.75
addnode=109.235.65.160
addnode=125.16.73.46
addnode=144.76.80.131
addnode=176.214.231.188
addnode=176.37.23.74
addnode=176.50.223.17
addnode=178.32.53.53
addnode=178.33.203.157
addnode=178.7.9.238
addnode=185.65.135.227
addnode=188.115.9.102
addnode=191.237.170.168
addnode=193.192.37.135
addnode=197.231.221.211
addnode=2.103.5.181
addnode=202.80.215.47
addnode=217.12.204.104
addnode=217.38.130.94
addnode=23.227.190.207
addnode=24.231.65.219
addnode=31.163.106.97
addnode=5.9.67.48
addnode=52.91.196.106
addnode=61.2.78.185
addnode=61.216.121.26
addnode=62.158.84.149
addnode=65.19.167.130
addnode=77.106.70.104
addnode=77.247.181.163
addnode=77.59.146.207
addnode=78.63.207.76
addnode=79.117.81.141
addnode=79.157.253.127
addnode=79.251.128.175
addnode=79.251.130.236
addnode=80.109.180.249
addnode=81.33.96.75
addnode=85.26.186.104
addnode=85.95.178.5
addnode=85.95.179.162
addnode=86.187.170.59
addnode=86.5.28.9
addnode=88.86.78.46
addnode=90.190.173.193
addnode=91.158.231.123
addnode=91.202.134.96
addnode=91.50.178.43
addnode=92.124.120.249
addnode=92.223.185.250
addnode=93.115.95.206
addnode=94.52.19.22
addnode=95.133.40.160
addnode=95.181.73.23
addnode=97.97.227.235

I have create a full node on VPS !!  coinwallet  is full node but If  all deposited them not increases the number of active nodes!

i have another question , if i do use online wallet to stake..do i get rewarded if i do close my web wallet?
thanks!

I do not understand one thing. coins Stake is, in the POS display shows don't have mature coins

I agree, I think Coinwallet.co is a good option, I sent a few MOJOs there and it's staking fine...

Agree with that, actually if someone with few coins wants to stake in my opinion the best option is coinwallet.co they are staking very often, and when you get enought coins the you can jump to do or solo staking, the other option is simply to wait.

I don't think there is anything the matter with the staking, it's just that the block times are a bit funny until more coins are spread out. I also think that you may have to wait a bit if you only have 5000 MOJO. It will level out and get regular.

same, 3 blocks so far:

https://chainz.cryptoid.info/mojo/address.dws?MUu5WKDFk77AyRkGEUK9Cjw2qiAwL6SCaS.htm

Wallet up and running

The distribution will start the moment the ICO ends on 31/03/2016. This is a 'weighted ICO' so that means that the final balance is not known until the end of the ICO. I will then publish a final distribution list and you should get your coins shortly after that. This is clear from the OP and the website. If you follow the ICO you will see that the values will change slightly as more people get on board.

I received one stake already and one is on the way. It seems ok for me.

Which wallet are you using? And what does it say when you hover over the "arrow up" icon in terms of your weight and the network weight?

Check the block explorer: https://chainz.cryptoid.info/mojo/# and https://chainz.cryptoid.info/mojo/#!extraction

All the block now are 'proof of stake' blocks and I know that numerous others wallets are staking so I think it may just be that as you have 5000 MOJO it will take a long time as 5000 MOJO is a small proportion of the total. I know that my wallet stakes and others do and also Coinwallet.co is staking so I don't think there is a bug, just low stake weight for you. This may pick up as the distribution continues and the MOJOs get spread out.