Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 36. (Read 1009280 times)
January 17, 2018, 06:36:38 PM
0.5 zeit?
January 17, 2018, 06:27:44 PM
GIVEAWAY organised by telegram community LETSGO!
https://twitter.com/Shirley_Cocker/status/953754456725884928
https://twitter.com/Shirley_Cocker/status/953754456725884928
January 17, 2018, 06:10:23 PM
Hello! how much the transaction is for die Zeit ?
It will be 0.5Btc, this is what worries you, the cost of the transaction?
January 17, 2018, 05:56:56 PM
Hello! how much the transaction is for die Zeit ?
January 17, 2018, 04:32:10 PM
hi "compañeros" 
1- where i can make a nice paper wallet
2- when i have a paper wallet how i can Withdrawals (i need a client wallet ? )
3- take off all your altcoin from exchange ,poloniex "Lost" all coin T.T
There are 2 paperwallet links in the OP, but the one that links to the website is down as the website is being rebuilt. 1- where i can make a nice paper wallet
2- when i have a paper wallet how i can Withdrawals (i need a client wallet ? )
3- take off all your altcoin from exchange ,poloniex "Lost" all coin T.T
January 17, 2018, 03:51:49 PM
hi "compañeros"
1- where i can make a nice paper wallet
2- when i have a paper wallet how i can Withdrawals (i need a client wallet ? )
3- take off all your altcoin from exchange ,poloniex "Lost" all coin T.T
1- where i can make a nice paper wallet
2- when i have a paper wallet how i can Withdrawals (i need a client wallet ? )
3- take off all your altcoin from exchange ,poloniex "Lost" all coin T.T
January 17, 2018, 02:08:54 PM
Wish I could get more zeits right now, it`s the best time to get em. Unfortunately I dont have any money available. Only got 10 millions so far, would like to get 100 millions.
January 17, 2018, 12:46:38 PM
And if anyone is looking take a position in zeit NOW is the time to buy a few millions.
January 17, 2018, 12:02:49 PM
Guys stop selling your zeits for so cheap. When BTC comes down in price you increase your ASK in satoshis.
January 16, 2018, 09:37:46 AM
new server = short time
new exchange = short time nova and cryptopia and maybe more
website soon = that coin will grow 99% i have a strong feeling that coin will gou up to the sky
Maybe you meant that it will a 999% growth! new exchange = short time nova and cryptopia and maybe more
website soon = that coin will grow 99% i have a strong feeling that coin will gou up to the sky
January 16, 2018, 06:14:52 AM
new server = short time
new exchange = short time nova and cryptopia and maybe more
website soon = that coin will grow 99% i have a strong feeling that coin will gou up to the sky
new exchange = short time nova and cryptopia and maybe more
website soon = that coin will grow 99% i have a strong feeling that coin will gou up to the sky
January 16, 2018, 06:03:25 AM
price of zeit on SouthXchange (ZEIT/USD) is $ 0.000100. WTF? 
That's VERY VERY cheap and should accumulate more ZEIT at this price.
January 16, 2018, 03:51:03 AM
Never knew Zeitcoin is a peercoin fork. Peer coin has a 176 million dollar market cap at the moment.
The Majority of all Coins with a Proof of Stake code, are based on peercoin code.
Sunny King Peercoin's Dev was the 1st to invent Proof of Stake consensus.
That is awesome. This change could perhaps be added to the coins roadmap that people keep asking about and let's call it something.
and let's call it something. Well, I guess you could call it Adding Transaction Fees to Staked Interest HardFork.
Yeah or may be implementing Transact v1.2 LOL.
January 16, 2018, 03:44:07 AM
Never knew Zeitcoin is a peercoin fork. Peer coin has a 176 million dollar market cap at the moment.
The Majority of all Coins with a Proof of Stake code, are based on peercoin code.
Sunny King Peercoin's Dev was the 1st to invent Proof of Stake consensus.
That is awesome. This change could perhaps be added to the coins roadmap that people keep asking about and let's call it something.
and let's call it something. Well, I guess you could call it Processing Transactions Rewards HardFork.
Goal would be to have it set to start by 2019.
January 16, 2018, 03:38:39 AM
Never knew Zeitcoin is a peercoin fork. Peer coin has a 176 million dollar market cap at the moment.
January 16, 2018, 03:37:00 AM
can someone explain to me how do I mint this coin? Do I need to unlock the wallet and then what? does it need the wallet to be full sync? and how long does it take to show some zeits?
1st. Sync your wallet.
2nd. After the wallet is fully synced , Unlock the wallet.
* Blocks only start staking after they are over 24 hours old, after that the # of coins per block and the age compete with other blocks, the most coins with the oldest age will stake. Once a Block Stakes, its age returns to zero.
How do nodes compete for transaction fees and how are they rewarded ?
Proof of Stake explained: http://earlz.net/view/2017/03/24/1901/proof-of-stake-mining-how-it-actually-works
At the moment, our nodes are only competing to stake (earn interest), the transaction fees are currently being destroyed.
We only found out after the ULI switch , that peercoin code which ZEIT owes some of it origin, destroys all transaction fees as an inflation offset.
I was talking with Poll4all to write the additional code, so Ray could import it into the github in a few months.
Poll4all for whatever reasons has become unreliable, so I have to find another programmer to write the update before Ray can import it into the Github and test it.
Hmm, Rambled there a bit,
Back to your question:
Nodes only compete to Stake, when they Win the right to stake , All Transaction in the Mempool when a block stakes is included with that block.
Example: https://chainz.cryptoid.info/zeit/block.dws?4291370.htm
This fee amount (Destroyed -0.162974 ZEIT) will instead be added to your staked amount as a reward , once we get the new code programed and updated.
As you notice only 1 transaction is included in that 1 block besides the staked amount.
The more transactions included the more fees that can be earned, so the transaction fees can earn you more than the stake.
Bitcoin Can perform ~7 transactions per second.
ZEIT Can Perform ~140 Transactions per second.
Bitcoin has a variable fee system, so the rich can jump in front of the poor.
ZEIT has a fixed fee system, and all transactions are processed in the order they are created. (Fair Design for everyone).
When you send out coins from your wallet, this transaction enters the mempool, when 1 of the wallets stake, all transactions in the mempool are included with that staked block, that when you receive 1 Confirmation.
That is awesome. This change could perhaps be added to the coins roadmap that people keep asking about
and let's call it something. January 16, 2018, 03:32:05 AM
can someone explain to me how do I mint this coin? Do I need to unlock the wallet and then what? does it need the wallet to be full sync? and how long does it take to show some zeits?
1st. Sync your wallet.
2nd. After the wallet is fully synced , Unlock the wallet.
* Blocks only start staking after they are over 24 hours old, after that the # of coins per block and the age compete with other blocks, the most coins with the oldest age will stake. Once a Block Stakes, its age returns to zero.
How do nodes compete for transaction fees and how are they rewarded ?
groggin gave the short answer,
This is the long winded version.
Proof of Stake explained: http://earlz.net/view/2017/03/24/1901/proof-of-stake-mining-how-it-actually-works
At the moment, our nodes are only competing to stake (earn interest), the transaction fees are currently being destroyed.
We only found out after the ULI switch , that peercoin code which ZEIT owes some of it origin, destroys all transaction fees as an inflation offset.
I was talking with Poll4all to write the additional code, so Ray could import it into the github in a few months.
Poll4all for whatever reasons has become unreliable, so I have to find another programmer to write the update before Ray can import it into the Github and test it.
Hmm, Rambled there a bit,
Back to your question:
Nodes only compete to Stake, when they Win the right to stake , All Transaction in the Mempool when a block stakes is included with that block.
Example: https://chainz.cryptoid.info/zeit/block.dws?4291370.htm
This fee amount (Destroyed -0.162974 ZEIT) will instead be added to your staked amount as a reward , once we get the new code programed and updated.
As you notice only 1 transaction is included in that 1 block besides the staked amount.
The more transactions included the more fees that can be earned, so the transaction fees can earn you more than the stake.
Bitcoin Can perform ~7 transactions per second.
ZEIT Can Perform ~140 Transactions per second.
Bitcoin has a variable fee system, so the rich can jump in front of the poor.
ZEIT has a fixed fee system, and all transactions are processed in the order they are created. (Fair Design for everyone).
When you send out coins from your wallet, this transaction enters the mempool, when 1 of the wallets stake, all transactions in the mempool are included with that staked block, that when you receive 1 Confirmation.
FYI:
On Average, we have less than 100 transactions per day , at the moment, so we have time to update the transaction fee code, before the fees become so high, that they could start decreasing our total # of coins.
January 16, 2018, 03:30:55 AM
can someone explain to me how do I mint this coin? Do I need to unlock the wallet and then what? does it need the wallet to be full sync? and how long does it take to show some zeits?
1st. Sync your wallet.
2nd. After the wallet is fully synced , Unlock the wallet.
* Blocks only start staking after they are over 24 hours old, after that the # of coins per block and the age compete with other blocks, the most coins with the oldest age will stake. Once a Block Stakes, its age returns to zero.
How do nodes compete for transaction fees and how are they rewarded ?
i highlighted the ansa in red
tx fees go to the miner (staker)
January 16, 2018, 02:47:19 AM
that guy who has the most coins should be selling it for something like 1 dollar. or more so the others can fix this low value coin. it will rise and then he can do what he wants.
The old dev kept 10 billion of this coin which he keeps selling! Stay at ur own risk. He has to sell the 10 billion before price will be stable on this coin. He sells each time it goes up a step. Be warned
Of course you are there since the very beginning to be able to say this...
January 16, 2018, 02:43:13 AM
can someone explain to me how do I mint this coin? Do I need to unlock the wallet and then what? does it need the wallet to be full sync? and how long does it take to show some zeits?
1st. Sync your wallet.
2nd. After the wallet is fully synced , Unlock the wallet.
* Blocks only start staking after they are over 24 hours old, after that the # of coins per block and the age compete with other blocks, the most coins with the oldest age will stake. Once a Block Stakes, its age returns to zero.
How do nodes compete for transaction fees and how are they rewarded ?
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