Topic: [PND]Pandacoin | First Hybrid Wallet | 5000% Faster Blockchain Download | Instant Sync - page 413. (Read 1358974 times)

100 % this.

I'm pleased and excited that I found this coin in the ocean of shitcoins.

Alright, let's not lose our heads just yet...  Everybody just keep cool  

There will always be something that may go wrong with innovation.

I am very pleased with the dev team that weathered through good times and bad times and push forward.  Unlike many dev who simply just gave up and release one junkcoin after another.

Test environment can be very different from the reality.  Especially with so many miners jump onboard at once on an unprecedented transition from a pure PoW to PoS with the longest distribution time.

I don't mind hiccups so long devs are willing to push the boundary further and upgrade the coin over time.  

I am sick of jumping from a shit coin to another shit coin.  I am going to consolidate all the shitcoins to PND.  A coin with a dedicated devs that never give up and a growing community is the one with staying power.   Everything else is pump and dump scams.  

Pandacoin (PND) has successfully transitioned to 100% PoS from 100% PoW!

Pandacoin (PND) had begun their PoW phase since Feb 16, 2014 and has been mined for 95 days. Pandacoin (PND) is now one of the rare PoS coins with such a long PoW phase, a duration of more than 3 months, to distribute the coins fairly out towards the community.

To read more about it, please check out our OP post here - https://bitcointalksearch.org/topic/pndpandacoin-first-hybrid-wallet-5000-faster-blockchain-download-instant-sync-568529

Can I still mine Pandacoin (PND) directly with my mining rig?

With Pandacoin (PND) as a pure PoS coin, you would not be able to mine it directly. Instead, you will mine other alternative crypto-currencies and exchange them for Pandacoin (PND) through our ever growing mhs multipool. This way, you will be able to still mine Pandacoin (PND) from the multipool, and help increase the value of Pandacoin (PND) at the same time.
 
Website: http://multi.pandapool.info
 
Subreddit: http://reddit.com/r/multipanda
Bitcointalk thread: https://bitcointalksearch.org/topic/annpool-profit-switching-pool-for-pnd-and-doge-multipandapoolinfo-552464
Email: admin at pandapool dot info
 
How does the Pandacoin (PND) multipool work?
 
The Pandacoin (PND) multipool automatically switches between coins to mine based on difficulty and price variations in order to be as profitable as possible for the miners. For payout, the multipool computes the proportional share of each miner over rounds that last four hours. Once a round is complete, and after the mined blocks become mature, the multipool exchanges all coins for Pandacoin (PND). Please note that due to the time required for block maturation, deposits and withdrawals on exchanges, payouts for a round are processed one hour after the end of the next one. The multipool also apply a fee of 1.25%, in addition to the exchange and transactions fees required by the operation

Proof of Stake Wallet version 2.0.1 is now available. Mandatory wallet update!

One instance that is vital for the checkpoint system hasn't been changed on version 2.0.0 (relative to blackcoins source). This is fixed in version 2.0.1 (https://github.com/pandacoin-official/pandacoin/commit/7e01e8c is the relevant commit).

Wallet version 2.0.1 is now available on https://github.com/pandacoin-official/pandacoin and as binary.

A few things to consider before updating:

1. You NEED to back up your wallet.dat. The software will automatically do a copy but it's better to be sure.
2. The wallet will take around 10 minutes reindexing so please be patient.
3. The wallet might crash and give an error after importing (Windows 7 has been tested successfully). This is okay - just start the wallet again and you should be good to go.

The wallet is available to download under the following links:
win32 standalone|win32 setup|mac|linux|src

PoS begins from block #136113. Download our new Pandacoin (PND) wallet!

Official Pandacoin (PND) Development Team Vision Statement is released

Have a read of our official statement regarding our team's vision for the coin, which direction Pandacoin (PND) is headed and a sneak peak at what developments the community could expect from us in the near future! -->

http://thepandacoin.org/vision.pdf

Simplified Chinese translation: http://thepandacoin.org/vision_cn.pdf
Traditional Chinese translation: http://thepandacoin.org/vision_hk_tw.pdf

Help Pandacoin (PND) get on the Cryptsy Exchange by voting!

https://www.cryptsy.com/coinvotes

Join us!

We have implemented a Pandacoin (PND) IRC Lotto Faucet system, where you can type the following commands on our irc channel every 24 hours for a chance to win up to 10 million Pandacoins (PND): !lotto !panda or !gimme



So join us on #PandacoinPND at freenode.net to try out the Lotto-Faucet commands !lotto !panda !gimme, have a chance of winning up to 10 million Pandacoins (PND) every 24 hours and chat with the fellow Pandas and the dev team!

For the latest news and updates regarding our coin, check out our social media accounts:

Twitter: https://twitter.com/PandacoinPND
Facebook: https://www.facebook.com/Pandacoin.PND
Reddit: http://www.reddit.com/r/PandacoinPND

Normal for our scale. Please consider keeping your passive aggressive comments somewhere else.

Yup... so far this PoS transition is an epic fail.  Dev's failed miserably at implementing PoS - now they simply say that these bugs are "normal".  Normal for crap code maybe.

PoS starting diff was retardedly low (rather unacceptable), resulting in block spam and now a savagely high diff and no blocks for hours.

Nobody can move their coins, making this a serious failure.

wallet 2.0.1 open 137030 blocks downloaded, last block 3 hours ago, not staking yet, but 30 active connections
perhaps staking later due to high diff?

Thanks for the info.
I've been away for a time and had no clue what was what since that mess.

Glad that this one survived and I might get really interested in it. Will watch for a while.

happy pos people 

Agreed!

Gotta love this dev.

Anybody else problems with wallet not syncing? Stuck at 137030 for over an hour

PND is also the PoS coin with the longest PoW phase.

The only one that's still active, PND.

Which Panda coin is this one? Out of the three that got launched the same time?

Staking like a BOSS

 

It's an expected outcome when every miner on the network is able to spam blocks. Nothing we can fix.

As for the difficulty - it will take a while, as I said.

Of transition came within an hour slowly everything will be fine  .

And transaction confirmations slow to a crawl... great...

So my wallet's transaction history gets littered with pages of conflicted generate transactions, and I can't even spend coins.  I am certainly disappointed by the quality of this switch-over so far.

Sounds more like a known bug that you didn't bother to fix.  I would hardly say something like this is 'normal'.

I certainly hope the dev's get their shit together on this.