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Topic: [POT]PotCoin - Banking for the Legal Cannabis Industry ✦ ✦ ✦Grow With Us ✦ ✦ ✦ - page 10. (Read 920055 times)

full member
Activity: 720
Merit: 103
Rank 420! With ~1000 BTC market cap and just 8x1000 grow to top 100 Wink

I did not think that such a suspicious coin could have such a high capitalization)
full member
Activity: 241
Merit: 101
Let me Answer Your Questions:

It is not really true that only 9,5% of coins are staking.   Wink
Potcoin has a Blocktime of 40 seconds.
Staking coins for he last 1000 Blocks is 9,5%.
1000Blocks * 40seconds = 11.11 hours
That means 9,5% of coins are staking the last 11,11hours...
So nearly 10% of coins belong to nodes that are connected 24/7

But the most People stake maybe once a week or even less.  Wink
So POT is very active.

37,5% Sitting on Bittrex...
That is maybe true but Bittrex has over 90% of POT Trade Volume, so that only means there is enough liquidity on the exchange.  Grin

Community and Admin mostly on Telegram. Join us.

Agreed, I turn on my wallet to stake ONCE every 5-6 days or so (min. 4 days). That seems to provide the highest coin maturity rate and largest payout. peace.
jr. member
Activity: 68
Merit: 1
Is this coin still going strong? I'am considering to accept some different coins in my headshop and growshop. This one might be the one, but there is so many to choose from.
jr. member
Activity: 62
Merit: 4
Let me Answer Your Questions:

It is not really true that only 9,5% of coins are staking.   Wink
Potcoin has a Blocktime of 40 seconds.
Staking coins for he last 1000 Blocks is 9,5%.
1000Blocks * 40seconds = 11.11 hours
That means 9,5% of coins are staking the last 11,11hours...
So nearly 10% of coins belong to nodes that are connected 24/7

But the most People stake maybe once a week or even less.  Wink
So POT is very active.

37,5% Sitting on Bittrex...
That is maybe true but Bittrex has over 90% of POT Trade Volume, so that only means there is enough liquidity on the exchange.  Grin

Community and Admin mostly on Telegram. Join us.
newbie
Activity: 19
Merit: 0
First things first, I represent a blockchain project focused on the cannabis industry, PUFFScoin (https://bitcointalksearch.org/topic/ann-puffscoin-decentralized-applications-for-the-cannabis-industry-420-5114254), which will be publicly launching on April 20th. We have been developing our approach and ecosystem for about two years, having delayed launching last year within the flurry of ICOs. Much of our philosophy is that community should be larger than a single project. Within the first month of operation we will be launching our own white-label crypto-exchange platform that will focus on providing a trading space for "cryptocannabis" projects as well as other "green crypto". Anyhow, integration with other cryptocannabis projects has always been one of our top priorities, with one of our first priorities being to integrate available merchant solutions for marijuana related altcoins into our online storefront immediately after our own blockchain launches.

POTcoin was one of the first coins I ever bought, nearly 5 years ago... and the original vision was one that I could really sink my teeth into. BUT, in building research for an updated article on cryptocannabis for one of my own project's ancillary services, the reefer*review, i noted that development of POTcoin has all but died out, the developer hasnt been active here since december of last year and his last post here was a year before that. the roadmap of 2016 addressed the idea of transitioning to an ETH-type blockchain, to take advantage of smart contracts governing point of sale integration, product traceability and "seed" tokenization.

These are all similar to projects on the immediate dApp development roadmap for PUFFScoin, which is analgous to ETH, but with Core Development towards solving real issues in the cannabis industry. A project as storied as POTcoin deserves to find some sort of utility. Only 9.5% of circualting coins are presently staking, and over 37.5% of POTcoins minted are sitting dormant on Bittrex where the valuation continues to drop over every timely metric. I dont have any POTcoins, so I dont have any skin in the game, but in the interest of building community relations, and having no active developer to whom to write, I thot I'd simply post here and see what the general mood around the project is.

A transition (or bridged connection thru a smart contract governed 'cross-chain relay') wouldnt be overly difficult, and it would be interesting to integrate POT into a multi-vendor marketplace similar to OpenBazaar. A bridge contract could hold and escrow mainchain POTcoins and release equal or other metric multiples of POT tokens on the PUFFScoin blockchain, burning tokens when they are passed back to the main POTcoin blockchain. Id love to work with community members who would like to address this sort of progression and functionality, and help grow the cryptocannabis community as a whole. I can be reached here on bitcointalk (although it might take me a couplefew days to respond, I wear a lot of hats on this project right now) or via email ([email protected])



jr. member
Activity: 62
Merit: 4
jr. member
Activity: 62
Merit: 4
There are no bounties in real crypto. Its not raining money here  Cry
Maybe someday some whales start something if the time is right. And the laws...
There are some POT faucets... but claiming faucets is not free money  Cheesy
Same story like BTC, LTC but POW is over after 50% mined and now its POS.
So if you want POT buy it on an exchange or shapeshift it.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform

The network looks sounds, 39 active connections at https://chainz.cryptoid.info/pot/#!network

You should be able to find peers easily. Have a look at your network and specifically any firewall setting that is preventing your discovery.

I hope this helps!

Thanks for your reply CryptoCanary. Still not working for me.
I have added to exception on the comodo firewall and to the avg antivirus but still the wallet doesnt want to start syncing.
I have even added to exception on windows firewall , just in case.
I have installed the Peercoin wallet which looks very similar and the peercoin wallet is syncing without any problem and i use Windows XP and the peercoin wallet seems much better.
I think the potcoin wallet is buggy and not improved , im waitin a reply from the developers of potcoin maybe they can help me otherwise if i dont get help or manage to run this wallet im gonna uninstall it and never store POT coin until i can afford to upgrade software and hardware to try one more time. The developers should improve the wallet and make it 100% compatible with all the OS systems.
Maybe they don't care about the potcoin anymore .



Make sure you add that list of active nodes to a potcoin.conf file inside the roaming folder in the users/user/appdata directory in windows

addnode=104.42.78.103
addnode=108.17.66.123
addnode=108.196.98.101
addnode=108.250.114.221
addnode=108.51.75.199
addnode=109.182.147.226
addnode=109.203.61.176
addnode=110.23.110.166
addnode=115.186.3.23
addnode=118.240.245.140
addnode=124.121.234.204
addnode=124.121.234.235
addnode=139.47.22.101
addnode=142.44.212.178
addnode=162.197.32.172
addnode=166.170.220.154
addnode=168.205.148.43
addnode=170.52.135.254
addnode=172.116.229.130
addnode=174.115.37.106
addnode=174.21.99.174
addnode=174.24.8.83
addnode=174.69.68.76
addnode=174.73.15.119
addnode=176.139.5.88
addnode=176.195.49.140
addnode=178.127.85.222
addnode=18.197.178.3
addnode=181.29.132.167
addnode=185.220.101.48
addnode=189.143.59.146
addnode=190.213.140.122
addnode=192.0.253.29
addnode=192.222.201.121
addnode=193.37.252.122
addnode=195.201.163.185
addnode=198.210.116.102
addnode=199.189.130.185
addnode=208.66.71.22
addnode=212.24.97.214
addnode=213.247.192.248
addnode=217.168.241.202
addnode=24.203.76.158
addnode=24.9.116.71
addnode=31.173.82.241
addnode=45.18.12.123
addnode=47.145.53.23
addnode=47.156.120.150
addnode=47.192.56.240
addnode=49.36.1.27
addnode=5.71.157.211
addnode=50.110.230.87
addnode=50.27.90.48
addnode=62.148.157.115
addnode=62.182.70.116
addnode=67.169.66.221
addnode=67.70.34.102
addnode=68.5.169.121
addnode=68.96.110.226
addnode=69.14.141.59
addnode=69.31.241.203
addnode=70.171.7.11
addnode=71.164.94.18
addnode=71.76.176.17
addnode=72.192.144.20
addnode=73.210.133.123
addnode=73.24.159.86
addnode=74.194.228.105
addnode=74.65.226.206
addnode=77.183.39.0
addnode=78.246.175.60
addnode=79.112.69.66
addnode=80.134.70.120
addnode=84.115.65.129
addnode=84.115.65.220
addnode=85.76.50.21
addnode=86.9.169.81
addnode=88.157.46.83
addnode=90.203.217.63
addnode=90.62.137.63
addnode=91.113.20.54
addnode=91.113.73.98
addnode=93.229.166.164
addnode=93.82.79.140
addnode=93.82.79.175
addnode=94.134.92.26
addnode=94.140.138.61
addnode=94.23.248.147
addnode=94.242.171.214
addnode=95.18.202.66
addnode=95.32.182.49
addnode=96.71.246.90
addnode=98.169.243.169
addnode=99.149.128.177
addnode=99.46.149.180
Thanks for sharing nodes,i was also looking for nodes to sync the whole wallet. Is there any upcoming news about bounties?
jr. member
Activity: 62
Merit: 4
just installed the wallet but is not syncing  Roll Eyes ...0 connections.
If i visit https://chain.potcoin.com/ i see there is an error on the website, cant update from network too :
Error!
Can't connect to potcoind to get live updates from the p2p network. (Tried connecting to potcoind at 127.0.0.1:4200 and failed.)



I doubt thats because i havent encrypted the wallet yet, as long as the above mentioned website can't connect to potcoin network as well.

Is this coin ,i mean its network dead ?

Please add nodes to the client . Onefry posted the newest nodes list above.  Cool
Otherwise look at https://chainz.cryptoid.info/pot/#!network

I bet you have not add a single node!

full member
Activity: 157
Merit: 102

The network looks sounds, 39 active connections at https://chainz.cryptoid.info/pot/#!network

You should be able to find peers easily. Have a look at your network and specifically any firewall setting that is preventing your discovery.

I hope this helps!

Thanks for your reply CryptoCanary. Still not working for me.
I have added to exception on the comodo firewall and to the avg antivirus but still the wallet doesnt want to start syncing.
I have even added to exception on windows firewall , just in case.
I have installed the Peercoin wallet which looks very similar and the peercoin wallet is syncing without any problem and i use Windows XP and the peercoin wallet seems much better.
I think the potcoin wallet is buggy and not improved , im waitin a reply from the developers of potcoin maybe they can help me otherwise if i dont get help or manage to run this wallet im gonna uninstall it and never store POT coin until i can afford to upgrade software and hardware to try one more time. The developers should improve the wallet and make it 100% compatible with all the OS systems.
Maybe they don't care about the potcoin anymore .



Make sure you add that list of active nodes to a potcoin.conf file inside the roaming folder in the users/user/appdata directory in windows

addnode=104.42.78.103
addnode=108.17.66.123
addnode=108.196.98.101
addnode=108.250.114.221
addnode=108.51.75.199
addnode=109.182.147.226
addnode=109.203.61.176
addnode=110.23.110.166
addnode=115.186.3.23
addnode=118.240.245.140
addnode=124.121.234.204
addnode=124.121.234.235
addnode=139.47.22.101
addnode=142.44.212.178
addnode=162.197.32.172
addnode=166.170.220.154
addnode=168.205.148.43
addnode=170.52.135.254
addnode=172.116.229.130
addnode=174.115.37.106
addnode=174.21.99.174
addnode=174.24.8.83
addnode=174.69.68.76
addnode=174.73.15.119
addnode=176.139.5.88
addnode=176.195.49.140
addnode=178.127.85.222
addnode=18.197.178.3
addnode=181.29.132.167
addnode=185.220.101.48
addnode=189.143.59.146
addnode=190.213.140.122
addnode=192.0.253.29
addnode=192.222.201.121
addnode=193.37.252.122
addnode=195.201.163.185
addnode=198.210.116.102
addnode=199.189.130.185
addnode=208.66.71.22
addnode=212.24.97.214
addnode=213.247.192.248
addnode=217.168.241.202
addnode=24.203.76.158
addnode=24.9.116.71
addnode=31.173.82.241
addnode=45.18.12.123
addnode=47.145.53.23
addnode=47.156.120.150
addnode=47.192.56.240
addnode=49.36.1.27
addnode=5.71.157.211
addnode=50.110.230.87
addnode=50.27.90.48
addnode=62.148.157.115
addnode=62.182.70.116
addnode=67.169.66.221
addnode=67.70.34.102
addnode=68.5.169.121
addnode=68.96.110.226
addnode=69.14.141.59
addnode=69.31.241.203
addnode=70.171.7.11
addnode=71.164.94.18
addnode=71.76.176.17
addnode=72.192.144.20
addnode=73.210.133.123
addnode=73.24.159.86
addnode=74.194.228.105
addnode=74.65.226.206
addnode=77.183.39.0
addnode=78.246.175.60
addnode=79.112.69.66
addnode=80.134.70.120
addnode=84.115.65.129
addnode=84.115.65.220
addnode=85.76.50.21
addnode=86.9.169.81
addnode=88.157.46.83
addnode=90.203.217.63
addnode=90.62.137.63
addnode=91.113.20.54
addnode=91.113.73.98
addnode=93.229.166.164
addnode=93.82.79.140
addnode=93.82.79.175
addnode=94.134.92.26
addnode=94.140.138.61
addnode=94.23.248.147
addnode=94.242.171.214
addnode=95.18.202.66
addnode=95.32.182.49
addnode=96.71.246.90
addnode=98.169.243.169
addnode=99.149.128.177
addnode=99.46.149.180
sr. member
Activity: 1246
Merit: 257
The developers should improve the wallet and make it 100% compatible with all the OS systems.
Maybe they don't care about the potcoin anymore .

Agree that would be nice.
Nearly anyone with the skills could update the client so that it is not quarantined by AV.

Point is POT is a solid network without the devs, true to decentralized motto, and top10 of the POS-chains, plus awesome brand.

✦ ✦ Donate to the Chainz ✦ ✦


sr. member
Activity: 1246
Merit: 257
hero member
Activity: 528
Merit: 500

The network looks sounds, 39 active connections at https://chainz.cryptoid.info/pot/#!network

You should be able to find peers easily. Have a look at your network and specifically any firewall setting that is preventing your discovery.

I hope this helps!

Thanks for your reply CryptoCanary. Still not working for me.
I have added to exception on the comodo firewall and to the avg antivirus but still the wallet doesnt want to start syncing.
I have even added to exception on windows firewall , just in case.
I have installed the Peercoin wallet which looks very similar and the peercoin wallet is syncing without any problem and i use Windows XP and the peercoin wallet seems much better.
I think the potcoin wallet is buggy and not improved , im waitin a reply from the developers of potcoin maybe they can help me otherwise if i dont get help or manage to run this wallet im gonna uninstall it and never store POT coin until i can afford to upgrade software and hardware to try one more time. The developers should improve the wallet and make it 100% compatible with all the OS systems.
Maybe they don't care about the potcoin anymore .

legendary
Activity: 1076
Merit: 1006
Canary in the crypto mine!
just installed the wallet but is not syncing  Roll Eyes ...0 connections.
If i visit https://chain.potcoin.com/ i see there is an error on the website, cant update from network too :
Error!
Can't connect to potcoind to get live updates from the p2p network. (Tried connecting to potcoind at 127.0.0.1:4200 and failed.)



I doubt thats because i havent encrypted the wallet yet, as long as the above mentioned website can't connect to potcoin network as well.

Is this coin ,i mean its network dead ?

The network looks sound, 39 active connections at https://chainz.cryptoid.info/pot/#!network

You should be able to find peers easily. Have a look at your network and specifically any firewall setting that is preventing your discovery.

I hope this helps!
hero member
Activity: 528
Merit: 500
just installed the wallet but is not syncing  Roll Eyes ...0 connections.
If i visit https://chain.potcoin.com/ i see there is an error on the website, cant update from network too :
Error!
Can't connect to potcoind to get live updates from the p2p network. (Tried connecting to potcoind at 127.0.0.1:4200 and failed.)



I doubt thats because i havent encrypted the wallet yet, as long as the above mentioned website can't connect to potcoin network as well.

Is this coin ,i mean its network dead ?
full member
Activity: 259
Merit: 100
Weednesday (WED) tokken maybe can reshape daily weed biz on POT blockchain?!
full member
Activity: 259
Merit: 100
Potcoin has low price, but high total marketcap.
It looks like that coin has such high market cap due to its high supply, that created over long period after its start.

Max Supply 420,000,000 POT - Existing supply 221,739,463 POT - Lost Keys   X? POT

full member
Activity: 259
Merit: 100
full member
Activity: 259
Merit: 100
Rank 420! With ~1000 BTC market cap and just 8x1000 grow to top 100 Wink
full member
Activity: 259
Merit: 100
PotCoin community need to see more active developments of PotCoin project, I believe.
Great call
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