Search content
Sort by
Showing 20 of 70 results by Ricklosti
Re: [ANN][MINT] Mintcoin (POS) (5%) - New Wallet v2.0.2 released 3/1/16
everyone can vote MINT at https://poswallet.com and now MINT at the top of list(845/1000) .
I have voted .
I have voted .
Oh sweet. MINT is a great staker coin. It allows minting to happen even with a small amount. It is a nice perk.
Re: [ANN][MINT] Mintcoin (POS) (5%) - New Wallet v2.0.2 released 3/1/16
Reminder that CoinFestUK 2017 starts tomorrow!
https://bitcointalk.org/index.php?topic=1163402.0
https://www.coinfestuk.org
240 Mint Cards will be given away at the event!
TOO FRESH.
Cool. Is there any kind of info flyer to go along with it that explains MINT?https://bitcointalk.org/index.php?topic=1163402.0
https://www.coinfestuk.org
240 Mint Cards will be given away at the event!
TOO FRESH.
Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - POS 2.0 - ZEROCOIN PROTOCOL
Good evening friends. How many PIVX are in circulation? What is coin cap limit? Interesting project here...
Welcome. This information plus a lot else is available in the OP here:
https://bitcointalk.org/index.php?topic=1262920.0
...and even more info is available on the official PIVX website here:
https://pivx.org/
If you're interested in masternodes, both of the above plus:
https://pivxmasternode.org/
http://178.254.23.111/~pub/DN/DN_masternode_payments_stats.html
Thank you friend. One thing I notice is that PIVX requires one to put up 10k PIVX for a MN. Why did you choose 10k vs 1K like DASH? It seems PIVX MN are already more valuable than DASH in a way? What are some advantages of a PIVX node vs DASH node?
Masternode growth is limited to coin supply growth which will be 5 coins per minute (block time). But since coins are distributed all around in smaller amounts, there can't really be 5,300 Masternodes because not enough coins for everybody to set up a Masternode. You must work to achieve the masternode. This gives it value and backs its own value. This whole design perpetuates the rarity exponentially because as more Masternodes are created the coin gets even more valuable which drives up the benefits of having a Masternode. This in turn then continues to drive up the demand even more for people to achieve the 10,000 and take them out of circulation. But every time this happens the coin will only get rarer and more valuable and it is a never ending cycle of perpetual wealth generation for everyone holding the PIVX coin.
Why? Because if you can achieve 10,000 coins, and create the masternode, you are then guaranteed to find a block at least once per week. PIVX is basically designed to pay you to buy it and save it and take its coins out of circulation. It is the true saver's coin. It's a win win because even if you don't have a Masternode yet, we all benefit just owning any coins at all we will catch the ride and increase in value.
one of the best and clearest explanations on what a masternode is and more importantly WHY its so cool to have one + how the coin profits from it!
Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - POS 2.0 - ZEROCOIN PROTOCOL
Good evening friends. How many PIVX are in circulation? What is coin cap limit? Interesting project here...
Welcome. This information plus a lot else is available in the OP here:
https://bitcointalk.org/index.php?topic=1262920.0
...and even more info is available on the official PIVX website here:
https://pivx.org/
If you're interested in masternodes, both of the above plus:
https://pivxmasternode.org/
http://178.254.23.111/~pub/DN/DN_masternode_payments_stats.html
Thank you friend. One thing I notice is that PIVX requires one to put up 10k PIVX for a MN. Why did you choose 10k vs 1K like DASH? It seems PIVX MN are already more valuable than DASH in a way? What are some advantages of a PIVX node vs DASH node?
Masternode growth is limited to coin supply growth which will be 5 coins per minute (block time). But since coins are distributed all around in smaller amounts, there can't really be 5,300 Masternodes because not enough coins for everybody to set up a Masternode. You must work to achieve the masternode. This gives it value and backs its own value. This whole design perpetuates the rarity exponentially because as more Masternodes are created the coin gets even more valuable which drives up the benefits of having a Masternode. This in turn then continues to drive up the demand even more for people to achieve the 10,000 and take them out of circulation. But every time this happens the coin will only get rarer and more valuable and it is a never ending cycle of perpetual wealth generation for everyone holding the PIVX coin.
Why? Because if you can achieve 10,000 coins, and create the masternode, you are then guaranteed to find a block at least once per week. PIVX is basically designed to pay you to buy it and save it and take its coins out of circulation. It is the true saver's coin. It's a win win because even if you don't have a Masternode yet, we all benefit just owning any coins at all we will catch the ride and increase in value.
Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - POS 2.0 - ZEROCOIN PROTOCOL
Good evening friends. How many PIVX are in circulation? What is coin cap limit? Interesting project here...
About 53,000,000 in circulation. It is limited to 15 coins per minute at the moment, but in a couple months be limited to 5 per minute from then on.
Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - POS 2.0 - ZEROCOIN PROTOCOL
10 minutes just to open and synchronize the wallet. You gotta be kidding me!
That's after it has just been synchronized closed and reopened. I hope that someone is working on this. If PIVX is supposed to replace FIAT currency it has to be at least as easy and fast to use as a bank account. People don't want to wait 10 minutes before they can make a purchase. I can log into my bank account in about 1 minute so PIVX is about 10 times worse.
Not sure if this is just a troll comment or what. But Funny... Because I thought the wallet operates quite quickly. Synced from scratch the entire blockchain in a matter of hours. It's load time is quite quick comparative to other clients/wallets. That's after it has just been synchronized closed and reopened. I hope that someone is working on this. If PIVX is supposed to replace FIAT currency it has to be at least as easy and fast to use as a bank account. People don't want to wait 10 minutes before they can make a purchase. I can log into my bank account in about 1 minute so PIVX is about 10 times worse.
Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - POS 2.0 - ZEROCOIN PROTOCOL
I just bought some PIVX beginning of this week for an average price of 0.000585 BTC each and thinking now that this was still a quite high price. The price didn't move much since then. I'm thinking that most the forum members here bought PIVX for a much lower price, or am I'm wrong? What was your average price?
My average price is about the same. Bought gradually from in the range of $.35-$.80Re: Millionaires in the making right now with the altcoin pumps
Do you ever think it could just be like the action of a hostile takeover....Spike a coin then dump it so nobody trusts it. Then the bad actors continue to maintain control of the system. Most people focus on price but in the long run price doesn't matter and is irrelevant. What matters most is control. If they keep people chasing prices and maintain volatility and confusion, then they ultimately stay in control.
Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - POS 2.0 - ZEROCOIN PROTOCOL
Cheap price doesn't necessarily mean bad technology. I hold a position in MINT because I think that is the best of those you mentioned and the tech works. PIVX has features I like too so I diversify a bit. But I think longer term the pow coins will all die. The only reason they are higher priced is because they are older more trusted tech. But that can change.
Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - POS 2.0 - ZEROCOIN PROTOCOL
Seems like it is working out to me. There have been plenty of POW coins that haven't worked out too.
POS is better for long-term energy efficiency sustainability. Put all the money your would pour into mining equipment into buying more coins, and you help raise the value of your prior investment. Coins don't wear out, like any mining gear will. And you can always resell if if you want, but but mining gear depreciates. The coins are the miners
POS is better for long-term energy efficiency sustainability. Put all the money your would pour into mining equipment into buying more coins, and you help raise the value of your prior investment. Coins don't wear out, like any mining gear will. And you can always resell if if you want, but but mining gear depreciates. The coins are the miners
Re: [ANN][MINT] Mintcoin (POS) (5%) - New Wallet v2.0.2 released 3/1/16
I noticed that Fuzzbawls, the MINT developer, is also one of the developers of PIVX, a privacy based PoS coin which has been soaring in price lately.
I have downloaded the PIVX wallet to check it out and compare and it really loads fast and runs using about 1/6 the RAM that MINT does. Is there any possibility that since we have Fuzzbawls as our dev, the beneficial features of PIVX code such as anononiminty, instant transactions, and wallet performance optimizations will be migrated into MINT? I like the features of PIVX, and I see why people like it, except I believe MINT's proof of stake parameters are much better and more fair for long-term growth and sustainability. And the 5% APR is perfect for long-term growing.
Privacy in coins seem to be all the rage now and I for one would welcome the changes neccesary to upgrade MINT code to allow for Master Nodes coin mixing anononiminty, faster transactions, and smoother overall performance, such as faster loading times and less RAM usage. MINT uses a lot of RAM compared to other wallets and I'm not entirely sure why. I know MINT has a lot of coins and a lot of blocks and 2x faster block speed even than PIVX which is nice.
But what I'm saying is, average user will probably not tolerate running a wallet if it seems like such a hog.and people want privacy/anonymity.
I think if MINT were to adopt these PIVX features, it would bring new life into this coin.
Regardless of what others might think, MINT has the best proof of stake parameters of all the coins. This is the core of our coin; what makes Mintcoin MINT! But I believe MINT is being held back by a lack of optimization and technological advances that didn't exist in the beginning.
What does Fuzzbawls think?
Anyone else on board with me? If so, how can it be done? What is our roadmap for development? I think if even just the word gets out that MINT is going to implement similar PIVX anonymous/privacy features and upgrades, as part our development roadmap, then it will give MINT a big boost. And once finally implemented, I see MINT becoming a top 10 contender. I for one am willing to invest big into MINT if this roadmap becomes a reality. Demand for privacy is big. Before people are going to store a lot of wealth on this coin people will demand these features.
I have downloaded the PIVX wallet to check it out and compare and it really loads fast and runs using about 1/6 the RAM that MINT does. Is there any possibility that since we have Fuzzbawls as our dev, the beneficial features of PIVX code such as anononiminty, instant transactions, and wallet performance optimizations will be migrated into MINT? I like the features of PIVX, and I see why people like it, except I believe MINT's proof of stake parameters are much better and more fair for long-term growth and sustainability. And the 5% APR is perfect for long-term growing.
Privacy in coins seem to be all the rage now and I for one would welcome the changes neccesary to upgrade MINT code to allow for Master Nodes coin mixing anononiminty, faster transactions, and smoother overall performance, such as faster loading times and less RAM usage. MINT uses a lot of RAM compared to other wallets and I'm not entirely sure why. I know MINT has a lot of coins and a lot of blocks and 2x faster block speed even than PIVX which is nice.
But what I'm saying is, average user will probably not tolerate running a wallet if it seems like such a hog.and people want privacy/anonymity.
I think if MINT were to adopt these PIVX features, it would bring new life into this coin.
Regardless of what others might think, MINT has the best proof of stake parameters of all the coins. This is the core of our coin; what makes Mintcoin MINT! But I believe MINT is being held back by a lack of optimization and technological advances that didn't exist in the beginning.
What does Fuzzbawls think?
Anyone else on board with me? If so, how can it be done? What is our roadmap for development? I think if even just the word gets out that MINT is going to implement similar PIVX anonymous/privacy features and upgrades, as part our development roadmap, then it will give MINT a big boost. And once finally implemented, I see MINT becoming a top 10 contender. I for one am willing to invest big into MINT if this roadmap becomes a reality. Demand for privacy is big. Before people are going to store a lot of wealth on this coin people will demand these features.
Yes I'm currently working with PIVX on a few things that will (eventually) lead to improvements for MINT. There is a very big technical road block that affects both projects' optimization and performance. Speaking about resource usage, you really can't compare MINT to coins with shorter chains, as resource usage does scale with chain length. most coins will consume similar resources given similar chain lengths. That isn't to say there aren't further optimizations that can be done.
I myself don't see MINT moving towards privacy/anon focused features. Given the number of recent coins doing that, I feel that there are enough coins focusing on that already and would like to see MINT have a different focus. That is of course just my own opinion and my opinion alone is not the deciding force as to where MINT goes.
Re: [ANN][MINT] Mintcoin (POS) (5%) - New Wallet v2.0.2 released 3/1/16
MINT is stuck at the "Big Bump in the Road" for POS projects.
They are basically the masternodes concept, before that word became hip.
So if you want to stake the bigger more popular coin, the POS miners need to move up the ladder and host a fulltime all the time node, that means a dedicated machine. You usta be able to mine BTC on a PC, usta;)
Is there instrct for installing MINT on a server?
What do you mean?They are basically the masternodes concept, before that word became hip.
So if you want to stake the bigger more popular coin, the POS miners need to move up the ladder and host a fulltime all the time node, that means a dedicated machine. You usta be able to mine BTC on a PC, usta;)
Is there instrct for installing MINT on a server?
MINT doesn't have Master Nodes, at least not yet.... That is what I am saying we should add them and introduce privacy/anonymity into MINT.
PIVX requires 10,000 coins out of their roughly 53,000,000 total to form a master node.
If MINT decided to implement this, using a similar % of coins required to create a master node, then a MINT master node would require roughly 5,000,000 coins.
But since MINT has better staking parameters with the 20 days wait, there is more opportunities. We could lower the coin requirements, so even say 1,000,000 coins for a master node and that way with the same.captial, you could form 5 times as many master nodes and make the anononiminty 5x stronger and involve 5x as many participants.
Re: [ANN][MINT] Mintcoin (POS) (5%) - New Wallet v2.0.2 released 3/1/16
I noticed that Fuzzbawls, the MINT developer, is also one of the developers of PIVX, a privacy based PoS coin which has been soaring in price lately.
I have downloaded the PIVX wallet to check it out and compare and it really loads fast and runs using about 1/6 the RAM that MINT does. Is there any possibility that since we have Fuzzbawls as our dev, the beneficial features of PIVX code such as anononiminty, instant transactions, and wallet performance optimizations will be migrated into MINT? I like the features of PIVX, and I see why people like it, except I believe MINT's proof of stake parameters are much better and more fair for long-term growth and sustainability. And the 5% APR is perfect for long-term growing.
Privacy in coins seem to be all the rage now and I for one would welcome the changes neccesary to upgrade MINT code to allow for Master Nodes coin mixing anononiminty, faster transactions, and smoother overall performance, such as faster loading times and less RAM usage. MINT uses a lot of RAM compared to other wallets and I'm not entirely sure why. I know MINT has a lot of coins and a lot of blocks and 2x faster block speed even than PIVX which is nice.
But what I'm saying is, average user will probably not tolerate running a wallet if it seems like such a hog.and people want privacy/anonymity.
I think if MINT were to adopt these PIVX features, it would bring new life into this coin.
Regardless of what others might think, MINT has the best proof of stake parameters of all the coins. This is the core of our coin; what makes Mintcoin MINT! But I believe MINT is being held back by a lack of optimization and technological advances that didn't exist in the beginning.
What does Fuzzbawls think?
Anyone else on board with me? If so, how can it be done? What is our roadmap for development? I think if even just the word gets out that MINT is going to implement similar PIVX anonymous/privacy features and upgrades, as part our development roadmap, then it will give MINT a big boost. And once finally implemented, I see MINT becoming a top 10 contender. I for one am willing to invest big into MINT if this roadmap becomes a reality. Demand for privacy is big. Before people are going to store a lot of wealth on this coin people will demand these features.
I have downloaded the PIVX wallet to check it out and compare and it really loads fast and runs using about 1/6 the RAM that MINT does. Is there any possibility that since we have Fuzzbawls as our dev, the beneficial features of PIVX code such as anononiminty, instant transactions, and wallet performance optimizations will be migrated into MINT? I like the features of PIVX, and I see why people like it, except I believe MINT's proof of stake parameters are much better and more fair for long-term growth and sustainability. And the 5% APR is perfect for long-term growing.
Privacy in coins seem to be all the rage now and I for one would welcome the changes neccesary to upgrade MINT code to allow for Master Nodes coin mixing anononiminty, faster transactions, and smoother overall performance, such as faster loading times and less RAM usage. MINT uses a lot of RAM compared to other wallets and I'm not entirely sure why. I know MINT has a lot of coins and a lot of blocks and 2x faster block speed even than PIVX which is nice.
But what I'm saying is, average user will probably not tolerate running a wallet if it seems like such a hog.and people want privacy/anonymity.
I think if MINT were to adopt these PIVX features, it would bring new life into this coin.
Regardless of what others might think, MINT has the best proof of stake parameters of all the coins. This is the core of our coin; what makes Mintcoin MINT! But I believe MINT is being held back by a lack of optimization and technological advances that didn't exist in the beginning.
What does Fuzzbawls think?
Anyone else on board with me? If so, how can it be done? What is our roadmap for development? I think if even just the word gets out that MINT is going to implement similar PIVX anonymous/privacy features and upgrades, as part our development roadmap, then it will give MINT a big boost. And once finally implemented, I see MINT becoming a top 10 contender. I for one am willing to invest big into MINT if this roadmap becomes a reality. Demand for privacy is big. Before people are going to store a lot of wealth on this coin people will demand these features.