Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 700. (Read 1009334 times)
March 07, 2014, 12:07:19 PM
HashStrike miners- our zeit pool will be down for 30 minutes starting now to replace a failing disk. I'll update my post when we're back up and running again. The good news is we're switching to even faster SSD's, so the pool should be even quicker.
March 07, 2014, 12:04:35 PM
Still 4th-5th biggest scrypt coin if you look at total hash rate, so yeah please sell at 2 satoshi, good buy for me
Why do so many people want to buy for 2 satoshi? When it is Obvious they lose half their investment.
March 07, 2014, 12:01:42 PM
Still 4th-5th biggest scrypt coin if you look at total hash rate, so yeah please sell at 2 satoshi, good buy for me
March 07, 2014, 11:55:22 AM
It looks like we are down to 2 satoshi!! sell!!!!!
Sounds like somebody who wants to buy at 1 satoshi
.... March 07, 2014, 11:55:03 AM
It looks like we are down to 2 satoshi!! sell!!!!!
Seriously? The wise will hold, thank you. This is a POS coin.This is just another coin that will drop to 1 satoshi like so many coins lately.
March 07, 2014, 11:43:59 AM
It looks like we are down to 2 satoshi!! sell!!!!!
Seriously? The wise will hold, thank you. This is a POS coin.This is just another coin that will drop to 1 satoshi like so many coins lately.
March 07, 2014, 11:43:52 AM
It looks like we are down to 2 satoshi!! sell!!!!!
Seriously? The wise will hold, thank you. This is a POS coin.they'll figure it out sooner or later
March 07, 2014, 11:37:30 AM
It looks like we are down to 2 satoshi!! sell!!!!!
Seriously? The wise will hold, thank you. This is a POS coin. March 07, 2014, 11:18:54 AM
It looks like we are down to 2 satoshi!! sell!!!!!
March 07, 2014, 11:13:18 AM
About the OnLine Wallet, we have some problems yet. Few accounts receive coins but cannot SEND.
I still to look how fix it.
During this time, if people need to SEND coins, they can use this trick :
- backup your wallet from the website
- use this scripts for decrypt the private keys : https://github.com/eugeneware/coinpunk-tools
- import the privkeys on your local wallet :
Thank you
FaSan
I still to look how fix it.
During this time, if people need to SEND coins, they can use this trick :
- backup your wallet from the website
- use this scripts for decrypt the private keys : https://github.com/eugeneware/coinpunk-tools
- import the privkeys on your local wallet :
Code:
zeitcoind importprivkey
Thank you
FaSan
March 07, 2014, 10:51:23 AM
Tomorrow is the halving?
March 07, 2014, 10:45:11 AM
one last thing...
everytime i open my wallet, it's locked and i have to manually unlock it. Is this normal?
i use this: walletpassphrase "yourpasswordhere" 9999999 true
everytime i open my wallet, it's locked and i have to manually unlock it. Is this normal?
i use this: walletpassphrase "yourpasswordhere" 9999999 true
March 07, 2014, 10:35:04 AM
The exchanges I've seen are cryptorush & coinex.
As per my last post cryptorush is having problems with my withdrawal atm. I think coinex should be fine?
As per my last post cryptorush is having problems with my withdrawal atm. I think coinex should be fine?
March 07, 2014, 10:30:58 AM
It would really be nice to be able to trade on a decent exchange.
At the moment I don't trade because I don't want to open an account on these exchanges.
Any ideas which is the best exchange at the moment to trade Zeit?
At the moment I don't trade because I don't want to open an account on these exchanges.
Any ideas which is the best exchange at the moment to trade Zeit?
March 07, 2014, 10:23:12 AM
Anyone else using hashfever pool? Miner is still going fine, but I'm getting a 504 Gateway Timeout trying to load the website. Wondering if anyone knew about planned maintenance or something that I had missed...?
March 07, 2014, 10:14:50 AM
I've got over 3 mil stick in cryptorush too 
Weird thing is I don't think I had that much in there! Probably explains why the withdrawal is not working. Although the coins I deposited are stuck until this is sorted out (I hope they will sort it out). I have raised a ticket and await response since bout 9 hours ago.
Weird thing is I don't think I had that much in there! Probably explains why the withdrawal is not working. Although the coins I deposited are stuck until this is sorted out (I hope they will sort it out). I have raised a ticket and await response since bout 9 hours ago.
March 07, 2014, 10:02:26 AM
Yes POS helps is a better method for securing the netwok because it is more resistant to 51% attack. In a POW minting , if one node has 51% or more of the network's hashing power, it can possibily perform a 51% attack.
But to perform a 51% attack in POS system you'll need to have 51% of the total coins in circulation, which is highly impossible. In this case one needs to have more than 50billion coins to do a 51% atttack.
noob question:
What does PoS mean?
thanks
What does PoS mean?
thanks
PoW: proof-of-work, mining, will stop after 6 weeks
PoS: proof-of-stake, minting, coins are generated without mining based on the amount that you have in your wallet (for at least 20 days in this case)
When you say "proof-of-stake, minting, coins are generated without mining based on the amount that you have in your wallet" you mean that i will have some extra coins added into my wallet without doing nothing at all, just for keeping the coins for at least 20 days?
In wiki i read "Proof-of-stake is a method of securing a cryptocurrency network through requesting users to show ownership of a certain amount of currency."
Sorry for my stupid questions but i cannot find someone to explain this to me.
Regards
Actually its both.
actually POS is also a way of minting. but it doesn't take any of the cpu or other hardware's power.
POS is a method of mining blocks called stake-blocks. In this case after 20 days a transaction is recieved, that transaction becomes eligible for POS minting. So instead of using the hashing power of your hardwares the POS minting uses the no.of coins and coin-age of that transaction to mint the Stake Block. The reward also depends upon the no.of coins and coin age, meaning when a transaction mints a Stake block it calulates the stake percentage for the transaction for the un-rewarded coin-age. In this case you'll recieve an average of 25% p.a during the first year
Thanks a lot!
March 07, 2014, 09:54:29 AM
The following markets have been added: UTC, MZC, FLAP, & TAK
We suck
We suck
March 07, 2014, 09:39:34 AM
March 07, 2014, 09:38:05 AM
I will make a bet right now with anyone on here. Assuming something catastrophic doesn't happen ill wager 10k Zeit that this coin reaches at least 10 satoshi 1 time before week 6. Any takers?
Before week 6?
In this day and age, if a coin doesn't go big within 4 weeks, it's dead
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