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Topic: New [ANN] [$XSEED] BitSeeds - Rainforest Foundation Charity - SHA256 PoW/PoS 10% - page 7. (Read 19518 times)

jr. member
Activity: 57
Merit: 1
Any updates on the coin swap?

Our developer Luke/Xocel has been swamped with work on 2-3 projects including prep for the BitSeeds update and is behind schedule but making progress. I just spoke with him a few minutes ago and he doesn't want to give an exact date in case he's not able to meet it, but he said things will definitely be ready in January. 

I'd rather have this take a little longer and be done right than rushed and not go smoothly, so I'm good with this.


any nodes? got to 8k and now no sync.

I've had people occasionally say they weren't syncing when they actually were - like many altcoins, if there has been a little while since the last block was found it will look like it's trying to catch up (spinning animation instead of a check mark in the corner of the window) and give the impression it's not syncing when it's actually caught up.

What block are you on now if you mouse over the "syncing" animation or the check mark? I'm seeing block 16,371 at the moment. 
no animations on linux command line lol....
just a bunch of refused connections.
hero member
Activity: 558
Merit: 500
Any updates on the coin swap?

Our developer Luke/Xocel has been swamped with work on 2-3 projects including prep for the BitSeeds update and is behind schedule but making progress. I just spoke with him a few minutes ago and he doesn't want to give an exact date in case he's not able to meet it, but he said things will definitely be ready in January. 

I'd rather have this take a little longer and be done right than rushed and not go smoothly, so I'm good with this.


any nodes? got to 8k and now no sync.

I've had people occasionally say they weren't syncing when they actually were - like many altcoins, if there has been a little while since the last block was found it will look like it's trying to catch up (spinning animation instead of a check mark in the corner of the window) and give the impression it's not syncing when it's actually caught up.

What block are you on now if you mouse over the "syncing" animation or the check mark? I'm seeing block 16,371 at the moment. 
jr. member
Activity: 57
Merit: 1
any nodes? got to 8k and now no sync.
legendary
Activity: 1246
Merit: 1000
Any updates on the coin swap?
hero member
Activity: 558
Merit: 500
Been about a week and I want to post periodic reminders that we're planning a coin swap in December through Bittrex exchange. We don't have an exact date yet, but will update here, on Cryptocointalk, and on Twitter as we figure that out.

Also, here is a link to a playlist with all of the BitSeeds tutorial videos on YouTube for those who may have missed it:

https://www.youtube.com/playlist?list=PLQavRdgrRCkXlsBrtAm32jafiu8Ihu7dp

When the coin swap goes through is there going to be any changes to algo? Still SHA256? 

No, we will be restoring the original POW algo and mining schedule - the only difference relating to mining will be that we are going to advance the original schedule to approximately where it would have been by this point by starting the block reward at 10 XSEED per block with very steady and gradual reduction of 0.0025 BitSeeds per block every 90 days for 400 reductions, or about 99 years.

No big rush to mine "carpe diem" style big blocks that drop rapidly in reward, nor Bitcoin-style big periodic halvings; just slow and steady POW for the long haul. POS will remain unchanged at 10% per year with a minimum stake age of 24 hours.

We have a few other newer features we'll be adding as well looking towards future plans which we'll discuss more a little further down the road. Some of the changes won't really make any difference or really be active at this time, but we figured we'd try to make any substantial changes now while we have the hood up, so to speak, to avoid major forks as much as possible in the future when we're ready to implement those plans.
legendary
Activity: 1246
Merit: 1000
Been about a week and I want to post periodic reminders that we're planning a coin swap in December through Bittrex exchange. We don't have an exact date yet, but will update here, on Cryptocointalk, and on Twitter as we figure that out.

Also, here is a link to a playlist with all of the BitSeeds tutorial videos on YouTube for those who may have missed it:

https://www.youtube.com/playlist?list=PLQavRdgrRCkXlsBrtAm32jafiu8Ihu7dp

When the coin swap goes through is there going to be any changes to algo? Still SHA256? 
hero member
Activity: 558
Merit: 500
Been about a week and I want to post periodic reminders that we're planning a coin swap in December through Bittrex exchange. We don't have an exact date yet, but will update here, on Cryptocointalk, and on Twitter as we figure that out.

Also, here is a link to a playlist with all of the BitSeeds tutorial videos on YouTube for those who may have missed it:

https://www.youtube.com/playlist?list=PLQavRdgrRCkXlsBrtAm32jafiu8Ihu7dp
hero member
Activity: 558
Merit: 500
hero member
Activity: 558
Merit: 500
I have tried to synchronized my wallet but without success. Is there a good list with working nodes?

Are you sure you weren't able to sync? Like many altcoin wallets, ours will sync fully but if there happens to have been a delay before the next block is found it will look like it's still syncing even though it's fully caught up.

You can check if you are caught up to the current block by mousing over the "syncing" animation or checkmark in the lower left corner and waiting for the tool tip to appear, then compare the number to the most recent block on the explorer here: http://explore.cryptolife.net/bitseeds/

I'm currently seeing 11 connections, am fully caught up, and am not using a .conf file, just the hard-coded nodes.

Let me know if that helps.
legendary
Activity: 1610
Merit: 1008
Forget-about-it
So I assume there were some events lined up that you would have interjected or showcased XSEED at Rainforest events. Since the network was unusable for this time, are you waiting until a working version is running to begin new plans? or are these yearly events which would require waiting until next year to bring up XSEED at events again?

Gabe is the better person to give specifics about the Rainforest Foundation plans, but I know press releases are a starting point, and I believe there will be further auctions (one has happened so far when an investor/donor made a winning bid of, I believe, $0.70 per coin).

There will be gift cards available about a month after the relaunch that supporters will be able to get from the RF in exchange for a donation (similar to a premium item you get when donating to many charities) which will come loaded with XSEED and which can be literally planted to grow a tree (each card will have a tree seed in it!).

Coin.co merchant services which will provide stores with a charitable tax writeoff for accepting BitSeeds is slated for about two months after relaunch, and there are further plans beyond that we'll be talking more about in the future.  But it will become a regular and important part of how the RF raises funds going forward.

Oh yeah, and I still have plans to promote the project to my own newsletter of over 25,000 computer training students after we've done the coin swap.

A point of clarification: the network is working just fine and has been since I took over stewarding it in early June.

It has occasional slowdowns where a block isn't generated for a few hours, but those are rare these days. The relaunch is to get clean codebase that restores POW since the original dev messed that up pretty thoroughly, and to add some more features that will work towards some of our future plans.  

It was best to wait until we knew everything was working after the relaunch before starting any large-scale promotions or moving forward with things on a global scale because we want to keep things simple for people - especially keeping in mind the real intended audience is the world outside of our still pretty parochial cryptocurrency community!

Hope that makes sense.
great reply, thanks for the clarification on many points. best of luck Smiley
full member
Activity: 210
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
I have tried to synchronized my wallet but without success. Is there a good list with working nodes?
hero member
Activity: 558
Merit: 500
So I assume there were some events lined up that you would have interjected or showcased XSEED at Rainforest events. Since the network was unusable for this time, are you waiting until a working version is running to begin new plans? or are these yearly events which would require waiting until next year to bring up XSEED at events again?

Gabe is the better person to give specifics about the Rainforest Foundation plans, but I know press releases are a starting point, and I believe there will be further auctions (one has happened so far when an investor/donor made a winning bid of, I believe, $0.70 per coin).

There will be gift cards available about a month after the relaunch that supporters will be able to get from the RF in exchange for a donation (similar to a premium item you get when donating to many charities) which will come loaded with XSEED and which can be literally planted to grow a tree (each card will have a tree seed in it!).

Coin.co merchant services which will provide stores with a charitable tax writeoff for accepting BitSeeds is slated for about two months after relaunch, and there are further plans beyond that we'll be talking more about in the future.  But it will become a regular and important part of how the RF raises funds going forward.

Oh yeah, and I still have plans to promote the project to my own newsletter of over 25,000 computer training students after we've done the coin swap.

A point of clarification: the network is working just fine and has been since I took over stewarding it in early June.

It has occasional slowdowns where a block isn't generated for a few hours, but those are rare these days. The relaunch is to get clean codebase that restores POW since the original dev messed that up pretty thoroughly, and to add some more features that will work towards some of our future plans.  

It was best to wait until we knew everything was working after the relaunch before starting any large-scale promotions or moving forward with things on a global scale because we want to keep things simple for people - especially keeping in mind the real intended audience is the world outside of our still pretty parochial cryptocurrency community!

Hope that makes sense.
legendary
Activity: 1610
Merit: 1008
Forget-about-it
So I assume there were some events lined up that you would have interjected or showcased XSEED at Rainforest events. Since the network was unusable for this time, are you waiting until a working version is running to begin new plans? or are these yearly events which would require waiting until next year to bring up XSEED at events again?
hero member
Activity: 558
Merit: 500
Just to be sure - we don't need to worry about the de-listing warning currently on Bittrex for XSEED, correct?

Bill has told me on the Jumbucks Slack that he will make sure it stays listed (he also told Luke that they could handle the swap for us if I haven't mentioned that) and I just checked it and the warning has disappeared.  I think the warning must get turned on automatically and then they have to manually disable it. 

So, should be fine. 

Hm. Looks like someone's been accumulating.
full member
Activity: 168
Merit: 100
Just to be sure - we don't need to worry about the de-listing warning currently on Bittrex for XSEED, correct?
hero member
Activity: 558
Merit: 500
I wasn't planning to buy any more XSEED, but I couldn't help myself when I saw someone's low sell order today. 

Now I have to decide if I'm going to move it to my local wallet to stake it for the next ~ month until we do the coin swap, or leave it on Bittrex...
full member
Activity: 121
Merit: 100
Thanks for the warm welcomes!

Bitseeds is an exciting project, I'm looking forward to getting involved.

I'm generally not very active on BCT but You can find me on
twitter: https://twitter.com/iquidus
github: https://github.com/iquidus
and I'm always lurking around the jumbucks community slack (free sign up at: http://slack.getjumbucks.com )
sr. member
Activity: 289
Merit: 250
Buying some of this to support the new team. Iquidus is a great dev so I'm sure there will be innovations here very soon Cheesy
legendary
Activity: 1246
Merit: 1000
All great news, sounds like we got a solid dev on board and it is good to know Bittrex is now fully aware of the awesome people behind the scenes and will support the project fully.
hero member
Activity: 558
Merit: 500

i've just noticed some stuff has happened whilst not paying attention.

is the git good to compile with .. i assume it probably is,
do we have a rough timeline for swap ?

how long should i keep staking for is my question.

If you're using Linux you can compile using the official repository here:

https://github.com/BitSeedsOrg/Bitseeds

or if you're using Windows or Mac OS X you can use the download links further down that same page or in the OP. 

The swap will likely happen in December, but I'll be updating the thread here, on Cryptocointalk, and on my Twitter account periodically as we have a more defined timeline.

In the mean time, keep on staking.
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