[SSD] SonicScrewdriver [PoW/PoS] Sha256.[Tor Included]BITTREX CCEX and Bleutrade - page 15.

viking_coin

member

Activity: 84

Merit: 10

Quote from: SonicScrewdriverDev on August 13, 2014, 04:57:17 PM

Quote from: viking_coin on August 13, 2014, 04:27:31 PM

Uh oh my client is Staking, not PoS block yet.

You are aware that it can take some time for you to generate a PoS block depending on many different factors. I know for a fact that stake works and the microstake that affected some ppc clones does not infact affect SSD.

I was just posting a status. PoS reward was expected in 4 days. Receive PoS block in 4 hours woooo. Looking good fellas

Voltarius

sr. member

Activity: 294

Merit: 250

Mercurial

Reward halving again in ~300 blocks!! Buy some while it's still low, that's what I'm doing!

SonicScrewdriverDev

newbie

Activity: 42

Merit: 0

Quote from: Crypton1te on August 13, 2014, 06:10:41 PM

Hey Argakiig,

What are your future plans with this coin?

First step is to finish my anon solution. Then I will get a roadmap of my future development plans out for you. Sound good? Unfortunately, as you can probably gather it takes time to do the anon solution and posting up in bitcointalk about the plans that are currently in negotiations can take away from development and lengthen the time to final implementation.

SonicScrewdriverDev

newbie

Activity: 42

Merit: 0

Quote from: MemoryShock on August 13, 2014, 06:04:39 PM

Quote from: SonicScrewdriverDev on August 13, 2014, 05:58:37 PM

1. The network will be reliant on these PoS transactions when it goes entirely PoS in a couple of days.
2. If you dont have the coins on your local wallet you either arent generating stake that is applied to your balance, or you arent staking at all depending on the exchange your coins are on.

I'll transfer them to my wallet before then...-thumbsup-

And then you will need to wait 3 days for the coins to sufficiently age to be eligible for stake.

Crypton1te

member

Activity: 112

Merit: 10

Hey Argakiig,

What are your future plans with this coin?

MemoryShock

hero member

Activity: 728

Merit: 500

Quote from: SonicScrewdriverDev on August 13, 2014, 05:58:37 PM

1. The network will be reliant on these PoS transactions when it goes entirely PoS in a couple of days.
2. If you dont have the coins on your local wallet you either arent generating stake that is applied to your balance, or you arent staking at all depending on the exchange your coins are on.

I'll transfer them to my wallet before then...-thumbsup-

SonicScrewdriverDev

newbie

Activity: 42

Merit: 0

Quote from: MemoryShock on August 13, 2014, 05:48:42 PM

Quote from: xrobau on August 13, 2014, 05:44:20 PM

If they're at bittrex, they are not on your own account. Also, as another downside for keeping them in an exchange, is the exchange will be earning PoS blocks, and not you.

I'm pretty sure that exchange wallets are specifically not POS enabled because of the amount of coins they would earn...

Oh man lets not forget that one coin that was on cryptsy forever ago, I think they finally delisted it. where they were generating stake off the massive amount of coins they had. Its discouraged to stake as an exchange for a couple reasons, 1 when coins stake they are not available for transfer, 2 stake wouldnt be tracked by their systems.

Quote from: MemoryShock on August 13, 2014, 05:37:26 PM

Quote from: SonicScrewdriverDev on August 13, 2014, 05:32:31 PM

Just an updated richlist parse using robs parser.
These are just addresses with 1000 or more in them

If my coins are still on Bittrex (haven't moved them yet) will it show up as it's own address or be lumped in with exchange addresses...because I don't see my amount number on there...

It really depends on how the exchange keeps track of their coins. Most of the time though it a database related thing. In which case you can trade coins and they wont actually move from the addresses they are tied to until the are withdrawn. It is best to keep coins not actively being traded on local wallets. Especially stakeable coins,
This is for two reasons.
1. The network will be reliant on these PoS transactions when it goes entirely PoS in a couple of days.
2. If you dont have the coins on your local wallet you either arent generating stake that is applied to your balance, or you arent staking at all depending on the exchange your coins are on.

Also to come later on. The maths that shows you how much you would be losing by keeping coins on an exchange.

Voltarius

sr. member

Activity: 294

Merit: 250

Mercurial

Quote from: MemoryShock on August 13, 2014, 05:48:42 PM

Quote from: xrobau on August 13, 2014, 05:44:20 PM

If they're at bittrex, they are not on your own account. Also, as another downside for keeping them in an exchange, is the exchange will be earning PoS blocks, and not you.

I'm pretty sure that exchange wallets are specifically not POS enabled because of the amount of coins they would earn...

How do you think exchanges make their money besides fees? Wink

MemoryShock

hero member

Activity: 728

Merit: 500

Quote from: xrobau on August 13, 2014, 05:44:20 PM

If they're at bittrex, they are not on your own account. Also, as another downside for keeping them in an exchange, is the exchange will be earning PoS blocks, and not you.

I'm pretty sure that exchange wallets are specifically not POS enabled because of the amount of coins they would earn...

xrobau

member

Activity: 99

Merit: 10

Open Source Developer, Hardware Supplier

Quote from: MemoryShock on August 13, 2014, 05:37:26 PM

If my coins are still on Bittrex (haven't moved them yet) will it show up as it's own address or be lumped in with exchange addresses...because I don't see my amount number on there...

If they're at bittrex, they are not on your own account. Also, as another downside for keeping them in an exchange, is the exchange will be earning PoS blocks, and not you.

Buy, move to local wallet, repeat.

Also, if your local wallet isn't running, you will not earn PoS shares, either.

MemoryShock

hero member

Activity: 728

Merit: 500

Quote from: SonicScrewdriverDev on August 13, 2014, 05:32:31 PM

Just an updated richlist parse using robs parser.
These are just addresses with 1000 or more in them

If my coins are still on Bittrex (haven't moved them yet) will it show up as it's own address or be lumped in with exchange addresses...because I don't see my amount number on there...

MemoryShock

hero member

Activity: 728

Merit: 500

If POS blocks start occurring during the POW phase it just means that there will be fewer POW coins...I've seen it happen on several coins and is generally considered a positive sign.

SonicScrewdriverDev

newbie

Activity: 42

Merit: 0

Just an updated richlist parse using robs parser.
These are just addresses with 1000 or more in them

Code:

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SonicScrewdriverDev

newbie

Activity: 42

Merit: 0

Quote from: viking_coin on August 13, 2014, 04:27:31 PM

Uh oh my client is Staking, not PoS block yet.

You are aware that it can take some time for you to generate a PoS block depending on many different factors. I know for a fact that stake works and the microstake that affected some ppc clones does not infact affect SSD.

viking_coin

member

Activity: 84

Merit: 10

Uh oh my client is Staking, not PoS block yet.

Bitcycle

sr. member

Activity: 420

Merit: 250

Nothing has changed. This is still a 3k coin very soon.

RubixRex

member

Activity: 71

Merit: 10

such speculate. many noob. wow.

Voltarius

sr. member

Activity: 294

Merit: 250

Mercurial

All the strong-hands know that the price will come back up. Selling for 250 sats is just dumb. When the market dives, you hold, otherwise you lose. Wait for it to go above 1-2k sats before selling any. I'm holding mine.