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Topic: [Network Repaired][ANN][BITS] BitSeeds - A Currency that Grows! - page 8. (Read 36459 times)

member
Activity: 83
Merit: 10
Esta moneda parece muerta!!!
Con lo bien que empezó, es una lastima..

El dev ni se preocupa de actualizar, publicar, dar noticias de como va el proyecto...
en la pagina principal falta indicar que hay una version para Mac..............

No lo entiendo  Angry
es incomprensible  Huh
member
Activity: 91
Merit: 10
Would the Dev(s) kindly consider changing the block time or find away to smooth out the rate? Would surely benefit any future commerce plans.
full member
Activity: 176
Merit: 100
Not sure how this is possible:
Code:
 "netstakeweight" : 12651868061290346

Doesn't that mean 126 million staking coins on the network? Or am I missing something?
hero member
Activity: 558
Merit: 500
Mac wallet is up. Here is the link its also on our site.

http://sourceforge.net/projects/bitseedsofficialrepository/files/

Awesome. It's nice to be able to stake without booting a VM. My iMac is running cooler already.

Checking Bittrex's status page, it looks like their Bitseeds wallet is finally working, too. 
newbie
Activity: 42
Merit: 0
full member
Activity: 176
Merit: 100
I've got a good chunk of the existing coins, have been staking every day, am right now, and I'll continue to.  
My experience with just over 15k coins is that they can't pay for the $5/month VPS charge. This has been running since the client release and hasn't staked.
Code:
 "version" : "v1.1.0.0-g",
    "protocolversion" : 70003,
    "walletversion" : 60000,
    "balance" : 15510.96910135,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 1301,
    "timeoffset" : 0,
    "moneysupply" : 103210565.78836463,
    "connections" : 9,

-edit: It appears that the Foundation's coins were not staking for a short time, during which this wallet staked 8 blocks. Here's one of them: http://explorer.bitseeds.org:3001/tx/933a231626d5209eab9c5814ecd48a1c6f15e55d95bb159570c158761d17ad08

And now we're back to business as usual, with:
Code:
"netstakeweight" : 3134554734419970


That's 31 million coins and some change staking on the network again.

-edit #2 - May 25: This wallet has staked 71 BitSeeds. It is split into ten outputs of of 1000 each.
hero member
Activity: 558
Merit: 500
so 3 million are in the hands of people aside form the developers/foundation. this is put up against 4 million of developers/foundation staking or against 100 million staking.

the general population needs to pitch in and stake while the devs reduce their staking to normalize the network.

I've got a good chunk of the existing coins, have been staking every day, am right now, and I'll continue to.  
legendary
Activity: 1610
Merit: 1008
Forget-about-it
so 3 million are in the hands of people aside form the developers/foundation. this is put up against 4 million of developers/foundation staking or against 100 million staking.

the general population needs to pitch in and stake while the devs reduce their staking to normalize the network.
member
Activity: 91
Merit: 10

They now HAVE to be staked 24/7 to prevent another potential 51% attack.

How convenient

Then the fair solution would be for the Foundation to send most the staked coins to a burn address.

To make this initiative possible, each year BitSeeds will yield 10% interest to each person who holds the currency. At the launch of the currency, 100 million BitSeeds will be set aside in a special multisig wallet that will generate interest for the Rainforest Foundation. The yearly interest income the Rainforest Foundation receives will enable them to help local communities conserve and restore forests on a scale never before possible.

The purpose behind the project is to generate a lot of coins for the Rainforest Foundation. Burning the coins created does not make sense, nor does dumping them on a market. So I would not anticipate either.
full member
Activity: 176
Merit: 100

They now HAVE to be staked 24/7 to prevent another potential 51% attack.

How convenient

Then the fair solution would be for the Foundation to send most the staked coins to a burn address.
hero member
Activity: 551
Merit: 500

They now HAVE to be staked 24/7 to prevent another potential 51% attack.

How convenient
member
Activity: 108
Merit: 10
Guys i checked your blockchain. Looks like almost all blocks generated by BitSeed foundation addresses. The reason why nobody else staking is very big difficulty: you are staking with 2m of coins and nobody else(with for example 2-3k of coins) couldn't meet the difficulty requirement. So to sanitize the network you should smoothly decrease difficulty, for example: create a sequence of wallets with 2m, 1m, 500k, 250k, 100k and so on and step by step switch off one wallet and switch on next one.
newbie
Activity: 42
Merit: 0
Bittrex is online and with a brand new look. I like it, way to go guys.

Finally, great news. Anything in the pipeline coming to bring the interest back after these nightmare few weeks?

Absolutely. We have a bunch of stuff lined up that we'll start releasing in the coming days. We were just waiting for everything to finalize and settle down.
legendary
Activity: 1246
Merit: 1000
Bittrex is online and with a brand new look. I like it, way to go guys.

Finally, great news. Anything in the pipeline coming to bring the interest back after these nightmare few weeks?
newbie
Activity: 42
Merit: 0
Bittrex is online and with a brand new look. I like it, way to go guys.
legendary
Activity: 1246
Merit: 1000
http://explorer.bitseeds.org:3001/tx/168b6e6e0cbbb4509c918f1065e2d918c961111ab3c7ec74fe816d4e520f1a8a


So you are saying this transaction never took place?  Where the foundation additionally sent 1 million to two additional addresses.

And if the Foundation wallet is staking, which it is, then why aren't the other wallets staking, those funds were sent on May 4th?  And if the Foundation wallet is staking, those funds should be sent back.

If you don't like people calling out your shady doings, then you shouldn't use the facade of a charitable organization.  

Dude are you not aware the whole network was attacked requiring a total switch to a POS? Any promises about staking only a few days every quarter are null and void now because the situation has changed completely. They now HAVE to be staked 24/7 to prevent another potential 51% attack.

And also these coins are pretty much useless right now without an open bittrex wallet or any buy support? What kind of scam do you think they are trying to pull exactly?

First people bitched about the 100 million premine, now you are paranoid over a few thousand coins made staking which are worth a couple of dollars at most? LOL
member
Activity: 112
Merit: 10
http://explorer.bitseeds.org:3001/tx/168b6e6e0cbbb4509c918f1065e2d918c961111ab3c7ec74fe816d4e520f1a8a


So you are saying this transaction never took place?  Where the foundation additionally sent 1 million to two additional addresses.

And if the Foundation wallet is staking, which it is, then why aren't the other wallets staking, those funds were sent on May 4th?  And if the Foundation wallet is staking, those funds should be sent back.

If you don't like people calling out your shady doings, then you shouldn't use the facade of a charitable organization. 
member
Activity: 91
Merit: 10
Was there by chance any word from Bittrex about the wallet?
newbie
Activity: 42
Merit: 0
Just want to confirm that the Rainforest Foundation wallet actually has 96mil+ coins in it. We were informed by the dev of the explorer that there is a bug with the explorer which is reporting incorrect coin totals for wallets. That is being updated shortly. We moved 4mil coins (2mil each) into other wallets for staking purposes and will label them in the explorer for everyone to see.

Mac wallets are being finalized soon and we will post download links as soon as we get them. I am also super excited and been waiting on this myself since I am a Mac user.
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