Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [MCL] MiracleCoin | No ICO | Proof of Faucet distribution | Traders Coin
by
MiracleCoin
on 19/10/2014, 12:11:16 UTC
I've spent the bigger part of yesterday fighting with the faucet server. As it turned out, server was choking and I had to implement firewall rules and increase the the number of open files limit. It seems that everything has stabilized now. Clearly, I didn't anticipate this kind of interest when I was setting everything up.

How many days or hours will be handing out?

I'm wondering the same since we ran into some hiccups for a couple of days, extra time for distribution ?
The distribution will last until there are coins on the faucet. You can track the number of remaining coins by looking at the block explorer. If everything runs smoothly, faucet should distribute 120k MCL per day. Current faucet balance is 468140.08884800

So if it is 100% pre-mined how is staking involved ?

Where are the stake rewards coming from then, even once the faucet drys up ?
Staking is turned off on the faucet. Staking is coming from other wallets that have non-zero balances. You can track the block explorer, it shows which wallets are staking.