[TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico - page 139.

dickwhite

full member

Activity: 225

Merit: 100

Quote from: vegasguy on January 23, 2015, 04:18:18 PM

VERY VERY nice. My question to you though.. is it once a month you get payments like this, or does yours pay non stop 24/7 for the life of the coin? I think I just created a new acronym PPOS or "perpetual POS" ..lol

Btw more GREAT news for tek. Price has more than doubled in 24 hours. I checked is yesterday and it was around 1200-1500 sat. Just checked again and its around 2800 sat.

This coin can be tremendously profitable to those who have patience and apply good strategy. I'm guessing most players are after quick profits and overlook the opportunity.

thundertoe

legendary

Activity: 938

Merit: 1000

Quote from: vegasguy on January 23, 2015, 04:18:18 PM

VERY VERY nice. My question to you though.. is it once a month you get payments like this, or does yours pay non stop 24/7 for the life of the coin? I think I just created a new acronym PPOS or "perpetual POS" ..lol

Btw more GREAT news for tek. Price has more than doubled in 24 hours. I checked is yesterday and it was around 1200-1500 sat. Just checked again and its around 2800 sat.

Vegas

Right now the code is unlimited mintage, so you will be eligible to stake again and again every 30 days, bringing some really nice compounding possibilities.

you can also use your coin control to combine multiple small blocks say a days worth and just pop 1 large stake per day if you want

vegasguy

legendary

Activity: 1610

Merit: 1003

"Yobit pump alert software" Link in my signature!

VERY VERY nice. My question to you though.. is it once a month you get payments like this, or does yours pay non stop 24/7 for the life of the coin? I think I just created a new acronym PPOS or "perpetual POS" ..lol

Btw more GREAT news for tek. Price has more than doubled in 24 hours. I checked is yesterday and it was around 1200-1500 sat. Just checked again and its around 2800 sat.

Vegas

vancefox

legendary

Activity: 1033

Merit: 1005

Still popping nicely and regularly...

vegasguy

legendary

Activity: 1610

Merit: 1003

"Yobit pump alert software" Link in my signature!

Yes, thats my site and article. I wanted to accomplish a few things. I wanted to get the word out about how awesome tekcoin is. I also wanted to see if I could create perpetual payments that would pay me every minute or two or in most cases multiple payments in the same minute. Also I wanted near a whole coin with each payment. I also wanted this for the life of the coin. Well, I got just that: A few hundred tek everyday, non stop, every minute without mining ever again for the life of the coin Wink

My website specializes in everything altcoins, wallet releases , hot coins, and I have a special section with ALL the highest POS coins ever made. In case you dont want to read the article I think this pic alone says it all. These are ALL pos payments, it has looked like this for days and has not stopped, in fact the frquency of POS payments are even more frequent since this pic:

thundertoe

legendary

Activity: 938

Merit: 1000

some of the posts got wiped with the hd failure,

looks like TEKcoin got another write up at http://bitcoinlasvegas.net/ohh-how-i-love-me-some-tekcoin-tekcoin-poka-proof-of-kicking-ass/

good stuff, tweeted and reddited it etc, get that word out.

scottii

hero member

Activity: 804

Merit: 501

Quote from: thundertoe on January 20, 2015, 09:31:00 PM

Quote from: scottii on January 20, 2015, 07:45:10 PM

Are there any blockchain snapshots? Getting the dagum blockchain error when trying to paste old wallet data into the new app data.

did you get it worked out?

TEK bootstrap.dat is here - http://richlist.truckcoin.net/tekbootstrap.zip

Yeah, just needed to add some nodes.

Did a repair wallet too and made an extra 100 TEK!

thundertoe

legendary

Activity: 938

Merit: 1000

Quote from: scottii on January 20, 2015, 07:45:10 PM

Are there any blockchain snapshots? Getting the dagum blockchain error when trying to paste old wallet data into the new app data.

did you get it worked out?

TEK bootstrap.dat is here - http://richlist.truckcoin.net/tekbootstrap.zip

scottii

hero member

Activity: 804

Merit: 501

Are there any blockchain snapshots? Getting the dagum blockchain error when trying to paste old wallet data into the new app data.

m33

legendary

Activity: 1064

Merit: 1000

Never invest with borrowed coins

Quote from: thundertoe on January 19, 2015, 04:49:31 PM

For those who missed it one of TEKcoins very talented core supporting Collective developers from Frankos.org was on a youtube crypto show yesterday. With a strong community of committed, respected people who believe in crypto on board i have no worries about TEKcoins future.

TRANSMISSION 22 "The future of Altcoins"

http://youtu.be/jkcFTNd4lfA

http://frankos.org/collective/

Saw the video but I don't understand it , what oath .

thundertoe

legendary

Activity: 938

Merit: 1000

For those who missed it one of TEKcoins very talented core supporting Collective developers from Frankos.org was on a youtube crypto show yesterday. With a strong community of committed, respected people who believe in crypto on board i have no worries about TEKcoins future.

TRANSMISSION 22 "The future of Altcoins"

http://youtu.be/jkcFTNd4lfA

http://frankos.org/collective/

ryanb

legendary

Activity: 1148

Merit: 1000

Quote from: thundertoe on January 19, 2015, 04:01:00 PM

a few recent TEKcoin reddits floating around

http://www.reddit.com/r/CryptoCurrency/comments/2suv33/more_than_gawesome_a_better_choice_you_can_still/

http://www.reddit.com/r/CryptoCurrency/comments/2syemi/this_coin_pays_40_interest_a_month_here_comes_the/

That's cool, we need new investors and increase in volume

thundertoe

legendary

Activity: 938

Merit: 1000

a few recent TEKcoin reddits floating around

http://www.reddit.com/r/CryptoCurrency/comments/2suv33/more_than_gawesome_a_better_choice_you_can_still/

http://www.reddit.com/r/CryptoCurrency/comments/2syemi/this_coin_pays_40_interest_a_month_here_comes_the/

TrevorS

sr. member

Activity: 1050

Merit: 377

Quote from: Biomech on January 17, 2015, 06:03:10 PM

Quote from: TrevorS on January 17, 2015, 05:28:40 PM

Thanks fellows,
You mention waiting, how does one control that?

Also, for each of my POS coins, I simply downloaded and ran the wallet installs to the desired directory (same as my POW wallets), I only create a .conf file ("addnode=" commands) if a fork problem occurs and I have to resynchronize. What is the purpose of the special .conf commands I run across for POS -- such as:

listen=1
daemon=1
server=1
rpcuser=user
rpcpassword=pass
rpcallowip=127.0.0.1

Actually, all of those are generic to Bitcoin and it's successors. There are some specific RPC commands, but that's another story. But these that you listed are very standard, and they do the following:

Listen =<1/0> tells the client to listen to the network for RPC calls
daemon =<1/0> tells the client to stay resident when not in the foreground in the case of tekcoind or to act like a daemon (background program) if using the QT version
Server =1 allows it to act as a server (a node) and is also necessary to act on RPC calls.
rpcuser is the username that is needed to execute RPC calls.
rpcpassword is the password needed to execute RPC calls
rcpallowip restricts what IP can connect and issue/receive data for and from RPC calls.

Most of this stuff is for API access using third party software. It can be very useful!

Hope this helps you.

Quote from: thundertoe on January 17, 2015, 08:39:43 PM

you can check the current pos diff by typing getinfo in the debug console.

to shut off staking you can use the reserve balance

#The reserve balance is the minimum amount of coins you want to have available and NOT put up as stake.

you can for example put this line in your .conf

reservebalance=10000

or use

reservebalance [ [amount]] in the debug console

you can check if you have any in reserve by typing reservebalance in the debug console

or pull your wallet offline

Thanks very much fellows, much appreciated!

-- Trevor

helipotte

hero member

Activity: 650

Merit: 500

Pick and place? I need more coffee.

Quote from: inspiron on January 18, 2015, 04:23:41 PM

how many days need to mature the fresh transfer coin?

30 days.

inspiron

member

Activity: 110

Merit: 10

how many days need to mature the fresh transfer coin?

Biomech

legendary

Activity: 1372

Merit: 1022

Anarchy is not chaos.

Quote from: GigaBit on January 17, 2015, 10:07:29 PM

My wallet is broken or some such bullshit.

Mined a few hundred coins, pools sent payment but 2 days later, no show.

I read that it could be that I am on a different chain... after 2 pools, same address, both sent a payment neither showed up.

Here's my wallet address: BnP7MHFkeCp4JLLpoe4oapaiLc5mkq56GV

How do I get on the normal chain??

go into the directory that contains your wallet.dat file, make a copy of wallet.dat for safety, then delete everything BUT wallet.dat and tekcoin.conf.

Restart the client. Let it sync. Make sure you are using the most current version, as it has built in checkpointing. There is a bootstrap listed in the op that will speed the process somewhat. In any case, it will take from two hours to two days to sync up, but it will be on the right fork.

GigaBit

hero member

Activity: 1666

Merit: 513

Leading Crypto Sports Betting & Casino Platform

My wallet is broken or some such bullshit.

Mined a few hundred coins, pools sent payment but 2 days later, no show.

I read that it could be that I am on a different chain... after 2 pools, same address, both sent a payment neither showed up.

Here's my wallet address: BnP7MHFkeCp4JLLpoe4oapaiLc5mkq56GV

How do I get on the normal chain??

thundertoe

legendary

Activity: 938

Merit: 1000

you can check the current pos diff by typing getinfo in the debug console.

to shut off staking you can use the reserve balance

#The reserve balance is the minimum amount of coins you want to have available and NOT put up as stake.

you can for example put this line in your .conf

reservebalance=10000

or use

reservebalance [ [amount]] in the debug console

you can check if you have any in reserve by typing reservebalance in the debug console

or pull your wallet offline

Biomech

legendary

Activity: 1372

Merit: 1022

Anarchy is not chaos.

Quote from: TrevorS on January 17, 2015, 05:28:40 PM

Quote from: vancefox on January 17, 2015, 02:56:21 PM

Orphan blocks are normal, not errors.

This looks like a decent explanation of PoS: https://cryptocointalk.com/topic/700-proof-of-stake-explained-rough-draft/

Quote from: thundertoe on January 17, 2015, 03:18:28 PM

Quote from: TrevorS on January 17, 2015, 02:42:23 PM

Quote from: ryanb on January 17, 2015, 10:00:19 AM

That means its an orphan block and won't be counted.
The coins will stake again

Is this something for which I should resynchronize my wallet from the bootstrap and .config file and then run the daemon to reload my wallet file? Seems like an error that shouldn't have happened, or am I wrong in that?

-- Thanks

PS. I'm new to POS coins and last month started mining four of them including TEK. Between them I've recently had a number of mintings, but this is my first encounter with this issue.

orphans will restake its normal.

Tekcoin PoS difficulty just now is 0.001

that is about 20%, so here is the choice mint now for lower % or try and wait a bit for PoS diff to decrease .0000x is 40% range. If you do wait, you not only can get higher rate % but you also get added coins for waiting over the min 30 days. Waiting longer can effect your compounding though so it does get a bit tricky. This is one of the reasons i really like to spread out my coins into daily stakes, it doesn't corner me into just one big decision.

Thanks fellows,

You mention waiting, how does one control that?

Also, for each of my POS coins, I simply downloaded and ran the wallet installs to the desired directory (same as my POW wallets), I only create a .conf file ("addnode=" commands) if a fork problem occurs and I have to resynchronize. What is the purpose of the special .conf commands I run across for POS -- such as:

listen=1
daemon=1
server=1
rpcuser=user
rpcpassword=pass
rpcallowip=127.0.0.1

Actually, all of those are generic to Bitcoin and it's successors. There are some specific RPC commands, but that's another story. But these that you listed are very standard, and they do the following:

Listen =<1/0> tells the client to listen to the network for RPC calls
daemon =<1/0> tells the client to stay resident when not in the foreground in the case of tekcoind or to act like a daemon (background program) if using the QT version
Server =1 allows it to act as a server (a node) and is also necessary to act on RPC calls.
rpcuser is the username that is needed to execute RPC calls.
rpcpassword is the password needed to execute RPC calls
rcpallowip restricts what IP can connect and issue/receive data for and from RPC calls.

Most of this stuff is for API access using third party software. It can be very useful!

Hope this helps you.

Topic: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico - page 139. (Read 446058 times)