AllCrypt.com needs some solution from the devs.

It's impossible to host this coin on an exchange properly, with the way the interest is paid.

It comes into a wallet address as a deposit. Not as a stake, not as a special 'category' but as a 'receive'.

Which leads to users who are attached to a SPC address getting interest payments credited to their allcrypt.com account when they, in many cases, do not even have SPC anymore.

User (A) creates address. Deposits 100 SPC. Exchange balance: 100, Wallet balance: 100
User (B) has had an address and has SPC for sale. Exchange balance: 10,000, Wallet Balance: 10,000
User (C) never deposited any. Balances 0.

User (A) buys all 10,000 SPC from user (B).

Now user (A) has an exchange balance of 10,100 and a wallet balance of 100.
User (B) has an exchange balance of 0, and a wallet balance of 10,000
User C buys 3,000 SPC from another unrelated user and withdraws it. Because the way wallets are designed, 100 of that 3000 comes from user A's wallet, and 2900 comes from user B's wallet. End result:

User A has 10,100 SPC but a wallet balance of 0.
User B has 0 SPC, but still has a wallet balance of 7,100 SPC.
User C is back to a 0 balance in both.

User (A) gets NO interest payments whatsoever. User B, who hasn't owned any SPC in weeks, is getting daily payouts for a balance he doesn't even own. He mentions this in chat, and User A is now pissed that he's being "ripped off".

The way they are just showing up as deposits is a frigging nightmare and has our wallet accounting horrifically out of whack. To the point I'm about to just force everyone to withdraw their SPC and turn the wallet off.

Is there any way to fix this, or a way to query the transaction to see that it's NOT a deposit and instead an interest payment? Anything WE look at just shows an incoming payment with a huge amount of change going back to an address that constantly changes (so we can't even say 'its interest because the input address is always the same'). There is absolutely ZERO way to tell it's an interest payment as opposed to a 'real' deposit. And it's a massive pain in the rear dealing with the screwed up accounting and irritated customers.

Doesn't look like it is...
No activity from the dev, low hashrate, removed from bittrex, low or no trade volume. The only good thing is that the holders won't drop it at such low prices.

This coin has potential, but no effort is taken to promote it.

Hey, block explorer has been down for some time, any news?

You can if you wish. I didn't get any interest on my AllCrypt account (did for all the previous days).
And there's no payments for 31st in the payment history (link in the OP) and here:

http://savecoin.co/paymenthistory.txt

So there seem to be some issues.

Suresh, you should put AllCrypt back in the first post.

BTW i'm working on SPC mac's wallet on my free time.

official mac's wallet would be really nice for SPC!

We need some SaveCoin marketing... some marketing bounties?  We need to get the word out on the best coin

I must say it is simple yet very convenient.
How did you manage to make it automatically pay interest ?

Furthermore, I like Devs who don't just copy other coins feature but are searching in other ground.
Any other feature coming ?

Thanks

Anyway it is still the only coin with paper wallets gaining interests !
No need to connect, unlock wallet, and wait ages to have perhaps 1% interests...

I love SaveCoin 

It's better to have long term investors getting more coins than multi-pools. (Proof of Fund - feature) This should reduce selling as there is great incentive to hold SaveCoin. It's easier to buy SaveCoin at the moment then to mine SaveCoin.  This seems like the best feature above other coins. The investors take the lead

Buy SaveCoin, live on interest

What's the best way to convert Bitcoin to SPC?

SaveCoin's Market Cap

SaveCoin's Market Cap was briefly set today at approximately $867,000 on coinmarketcap.com. Anyone see it?

This was because they included the 20 million pre-mined coins into the available supply. Later in the day, they decided to remove the pre-mine and make the available coin supply 89,689 making our Market Cap  $5,290. This is a big difference and exposes the confusion over our coin supply.

So what is our correct available coin supply since Proof of Funds is a new concept to many?

1. 89,689 which corresponds to 1 new coin per block  = Market Cap of $5,290

2. 20,089,689 which is number 1 plus the 20 million pre-mine = Market Cap of $1,185,000.92

3. 89,689 + interest paid to date + 1 million pre-mine (since the unpaid interest is not technically available coin supply) = Market Cap of $67,349.83


I think our market cap should be accurate for future investors. I also think option #3 is the most accurate.

Anyone concur?