★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 83.

LightRider

legendary

Activity: 1500

Merit: 1022

I advocate the Zeitgeist Movement & Venus Project.

TZM is now accepting bitcoin donations!

1CP21HP9rgpVCUF8VdxAXzwxuxUgWcvUGG

fallenkeith72

newbie

Activity: 34

Merit: 0

I got 70,000 zeitcoins today in anticipation of ULI

uki

legendary

Activity: 1358

Merit: 1000

cryptojunk bag holder

Quote from: Rent_a_Ray on July 06, 2017, 02:16:16 PM

Quote

Kiklo told me the ULI testing process just had it's 1st block staked in a little over 24 hours ,
there are still more tests to be ran, but ULI code is getting much closer to being ready for release.

Everything looks fine.

Did some Artwork for the upcoming version. If the test is successful, we will see a fresh compiled ULI-Version for everyone within the next week.
Hardfork will be performed on 11th of August, 12.00 GMT. Known as Forky-Friday Grin

Enough time to inform all exchanges and users.

Cheers,
Ray

Here's an early example of the new Splash-Screen:

thanks to kiklo and pollforall for their work.

thanks Ray for the update. The new wallet looks very nice.
As for the fork date, it may be worth a bit stronger announcing, due to the holiday season.

vella85

hero member

Activity: 1862

Merit: 590

Quote from: Rent_a_Ray on July 06, 2017, 02:16:16 PM

Quote

Kiklo told me the ULI testing process just had it's 1st block staked in a little over 24 hours ,
there are still more tests to be ran, but ULI code is getting much closer to being ready for release.

Everything looks fine.

Did some Artwork for the upcoming version. If the test is successful, we will see a fresh compiled ULI-Version for everyone within the next week.
Hardfork will be performed on 11th of August, 12.00 GMT. Known as Forky-Friday Grin

Enough time to inform all exchanges and users.

Cheers,
Ray

Here's an early example of the new Splash-Screen:

thanks to kiklo and pollforall for their work.

Looking good! I can't wait for the new ULI to be launched as I've been waiting for this for a while now and was going to wait until the new wallet is released before I start staking my ZEIT coins but I thought I might as well stake what I have now while I'm waiting for the new ULI. I only have 1 million ZEIT now so I'm hoping that is enough to earn some stakes each week with the ULI.

SnoopDoge420hue

member

Activity: 95

Merit: 10

Quote from: Rent_a_Ray on July 06, 2017, 02:24:59 PM

(debug window):

walletpassphrase 1000
importprivkey "7934nn4324234.........." Label

Use it without "< >"

Like that:

Code:

walletpassphrase passw0rd 1000
importprivkey "7934nn4324234ngsdhdsfHsdjjwrowKK" MyPaperwallet

Cheers,
Ray

Thank you very much!

Go Zeit !

Rent_a_Ray

legendary

Activity: 1318

Merit: 1036

(debug window):

walletpassphrase 1000
importprivkey "7934nn4324234.........." Label

Use it without "< >"

Like that:

Code:

walletpassphrase passw0rd 1000
importprivkey "7934nn4324234ngsdhdsfHsdjjwrowKK" MyPaperwallet

Cheers,
Ray

SnoopDoge420hue

member

Activity: 95

Merit: 10

How do I use my zeits that are in the paper wallet?

Rent_a_Ray

legendary

Activity: 1318

Merit: 1036

Quote

Kiklo told me the ULI testing process just had it's 1st block staked in a little over 24 hours ,
there are still more tests to be ran, but ULI code is getting much closer to being ready for release.

Everything looks fine.

Did some Artwork for the upcoming version. If the test is successful, we will see a fresh compiled ULI-Version for everyone within the next week.
Hardfork will be performed on 11th of August, 12.00 GMT. Known as Forky-Friday Grin

Enough time to inform all exchanges and users.

Cheers,
Ray

Here's an early example of the new Splash-Screen:

thanks to kiklo and pollforall for their work.

blackbird123

full member

Activity: 184

Merit: 100

I don't have a very good market today. I lost a lot of money in the process of accelerating the fall

groggin

legendary

Activity: 1894

Merit: 1001

Quote from: puremage111 on July 06, 2017, 04:32:11 AM

Quote from: groggin on July 05, 2017, 03:51:46 AM

Quote from: vella85 on July 04, 2017, 08:14:00 PM

I have finally got my Zeit coin wallet all synced and unlocked for minting. How long will it take before my coins are mature to start minting and earning staking rewards? It's been over 24 hours now and the leaf icon still says no blocks for minting and could someone here tell me what is a good amount of coins to have to earn at least a stake every day. I'll be leaving my wallet open 24/7 like I do with all my POS coins.

it's 20 days before zeit will stake. after it stakes, you can use coin control to cause staking every day. for a good read on the subject, have a look here: http://wiki.hobonickels.info/index.php?title=Proof_of_Stake

One question there

As it is 20 days then zeit will stake

Lets say if i uses coin control

I split 10M into 10 blocks of 1M from address A to address B

I will be required to wait for another 20 days for it to mature right?

Thanks

yes, after you move them, a 20 day wait. you can also (re)send to the same address, but you still have to wait Wink

puremage111

hero member

Activity: 1568

Merit: 511

Quote from: groggin on July 05, 2017, 03:51:46 AM

Quote from: vella85 on July 04, 2017, 08:14:00 PM

I have finally got my Zeit coin wallet all synced and unlocked for minting. How long will it take before my coins are mature to start minting and earning staking rewards? It's been over 24 hours now and the leaf icon still says no blocks for minting and could someone here tell me what is a good amount of coins to have to earn at least a stake every day. I'll be leaving my wallet open 24/7 like I do with all my POS coins.

it's 20 days before zeit will stake. after it stakes, you can use coin control to cause staking every day. for a good read on the subject, have a look here: http://wiki.hobonickels.info/index.php?title=Proof_of_Stake

One question there

As it is 20 days then zeit will stake

Lets say if i uses coin control

I split 10M into 10 blocks of 1M from address A to address B

I will be required to wait for another 20 days for it to mature right?

Thanks

vella85

hero member

Activity: 1862

Merit: 590

Quote from: groggin on July 05, 2017, 03:51:46 AM

Quote from: vella85 on July 04, 2017, 08:14:00 PM

I have finally got my Zeit coin wallet all synced and unlocked for minting. How long will it take before my coins are mature to start minting and earning staking rewards? It's been over 24 hours now and the leaf icon still says no blocks for minting and could someone here tell me what is a good amount of coins to have to earn at least a stake every day. I'll be leaving my wallet open 24/7 like I do with all my POS coins.

it's 20 days before zeit will stake. after it stakes, you can use coin control to cause staking every day. for a good read on the subject, have a look here: http://wiki.hobonickels.info/index.php?title=Proof_of_Stake

Thank you very much for letting me know as I couldn't find it anywhere. And thanks for the tip on coin control and I'll be sure to read up on it with the link you provided. I noticed that my wallet went out of sync overnight and was not syncing so I had to restart it and that fixed the problem,not sure what caused it though as my other pos coin wallets were fine.

groggin

legendary

Activity: 1894

Merit: 1001

Quote from: vella85 on July 04, 2017, 08:14:00 PM

I have finally got my Zeit coin wallet all synced and unlocked for minting. How long will it take before my coins are mature to start minting and earning staking rewards? It's been over 24 hours now and the leaf icon still says no blocks for minting and could someone here tell me what is a good amount of coins to have to earn at least a stake every day. I'll be leaving my wallet open 24/7 like I do with all my POS coins.

it's 20 days before zeit will stake. after it stakes, you can use coin control to cause staking every day. for a good read on the subject, have a look here: http://wiki.hobonickels.info/index.php?title=Proof_of_Stake

Rent_a_Ray

legendary

Activity: 1318

Merit: 1036

Quote from: LostWords on June 15, 2017, 06:56:42 AM

That website, with no offence, is looking like the early days websites of the internet. That can also be said about the logo. The project is exciting but I agree with the people saying the website is out-dated. There are so many people who can change the website for way better. This looks so unprofessional and not up to date, that it will definitely scare off people. Same goes for the logo and the ANN-page.

You don't have to fix what is not broken? Come on. This is not broken but this is not pretty neither and more important: not professional neither. I would gladly spent a couple of days to change: logo, ANN-page and website. I guarantee you it will cause a huge positive impact on the community and the price of the coin as well.

Quote from: ebolansk on June 15, 2017, 05:38:19 PM

@LostWords: be careful with changings of the logo - the actual ZEIT logo ist very bold/turbulent and for me it looks like 1990 / 2000 style.

@LostWords: 2ct to the website: i'm willing to help you out with it - please register at slack and join the development channel.
We should create a repository at GitHub for the website like other projekt do it: (example: https://github.com/Storj/storj.io).

Any news about the new webpage? Or was it just hot air? Wink

Cheers,
Ray

vella85

hero member

Activity: 1862

Merit: 590

I have finally got my Zeit coin wallet all synced and unlocked for minting. How long will it take before my coins are mature to start minting and earning staking rewards? It's been over 24 hours now and the leaf icon still says no blocks for minting and could someone here tell me what is a good amount of coins to have to earn at least a stake every day. I'll be leaving my wallet open 24/7 like I do with all my POS coins.

puremage111

hero member

Activity: 1568

Merit: 511

Quote from: ?? on ??

Quote from: puremage111 on July 03, 2017, 07:29:14 AM

On 7/6/2017

I have my coins deposit to my address

Till 30/6/2017

I got some coins through mining

Then until today, it still state no blocks ready for minting why?

It mint few days ago but right now its showing no block is ready for minting

I didn't move the coins since 7/6/2017, wallet is fully sync now

Thanks

PoW mining ended ~3 years ago.

What version of wallet are you on?

Are you in sync with the block explorer?
https://chainz.cryptoid.info/zeit/

When a block stakes, it is not able to stake again until at least 20 days have passed.

╥Aztek

I see, as it stakes once few days ago

So i will need to wait 20 days again for the next stake?

Thanks

puremage111

hero member

Activity: 1568

Merit: 511

On 7/6/2017

I have my coins deposit to my address

Till 30/6/2017

I got some coins through mining

Then until today, it still state no blocks ready for minting why?

It mint few days ago but right now its showing no block is ready for minting

I didn't move the coins since 7/6/2017, wallet is fully sync now

Thanks

BiffyMcBifferstein

full member

Activity: 178

Merit: 100

Thanks for the info. Will download. Cheesy

BiffyMcBifferstein

full member

Activity: 178

Merit: 100

This has probably been discussed before, but the Zeitcoin Wallet app should NOT be forced shut down, because it needs to finish doing its thing. That said, I had no choice, thanks to a botched TeamViewer session, and powered off my computer. I'm running the Mac version of 2.0.1.7 wallet.

Now when I run it, I get a fatal error. If I delete everything from the support folder except for config wand wallet.dat, it will run, but will sync from the very beginning of Zeitcoin's existence. Rather than wait 100 years for the syncing process to happen, what can I do to "catch up?"

Thanks!

yeahitsme

member

Activity: 118

Merit: 11

Growthcoin Developer and Crypto Geek Since 2009

Quote from: kiklo on July 02, 2017, 03:29:11 AM

Quote from: yeahitsme on July 02, 2017, 01:17:15 AM

so how does this affect new people who would be getting into zeit after uli takes effect there are so many coins and the majority of the holders will be the beneficiaries of the price increase what is there to make new people want to get in and raise the price other than buy low sell hi concept which inevitably will lead to a secondary decline "and for every person who gets rich another person is left out to dry" not saying I disagree with the uli however just trying to see how by only doing a lower pos rate with the majority of stake holders currently having had years of stake on their coins how and why should people invest back into it to me I just feel that its not just an inflation problem.... just my thoughts on it is all

Hmm,

After the ULI,
To actually benefit from a price increase the holder has to sell his coins and this costs him future staking ability to earn transaction fees.
Anyone can buy ZEIT and they decide how much or how little profit they make.

I suggest you study BTC inflation model, where a declining inflation rate promotes a increase in price over time.
Then you will understand why the ULI is so important.

But back to your original question , why would someone buy ZEIT after the ULI.
To Wait for and sell when the price increase
or
To use as a way to transfer value from one entity to another
or
To own enough ZEIT to be able to stake and earn transaction fees ,
and live off of selling nothing but their transaction fees.

*** With the Switch to ULI Completes,
ZEIT becomes similar to an ASIC it runs and safeguards the network
and provides a livelihood for its owners.
It has none of the failures of the PoW ASICS,
ZEIT is Energy Efficient and will not require new equipment be purchased and cooling a warehouse to run. Plus it already has 20X BTC current onchain transaction capacity. Wink

ZEIT is the Game Changer and time will prove it to all,
you can recognize it now and profit later , or ignore it.
Your Choice.

I am familiar with the different inflation models however I agree with the base price per increase by switching over however you cannot base BTC price increases strictly upon its inflation model.. you also have to factor the adoption of the coin and the current usability of it if you couldn't go to an online store or even some brick and mortar stores and use them the price would still be in the hundreds its more adoption... after adoption the inflation rate is where it really comes into play to few means not enough to many its buying power is sucked away not being mean just factual if Zeit is to survive and become a sustainable and worth while investment it needs better usage than stake & sell or transfer of wealth from one coin to another

Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 83. (Read 1009280 times)