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Showing 3 of 3 results by Zimoto
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Board Announcements (Altcoins)
Re: ★★★★ [CAIx] ★100% PoS ★1.6 Million Shares ★Limited Mining Period ★★★★
by
Zimoto
on 09/05/2014, 18:55:56 UTC
Please confirm:

We can continue mining CAI until May 18.

When will we no longer be able to exchange CAI for CAIx?

The CAI to CAIx exchange rate will remain at 1:1 until when?

What exchanges will offer CAI to CAIx aside from Coinswap?

Aside from changing from POW to POS what other differences exist between the two?

For those not familiar with POS, how will it be mined? What are the requirements, what algorythmn, how is it different from POW.

What do pool operators need to be aware of when changing?

What is the motivation and benefits of changing CAI to CAIx? Won't it cause more confusion than it is worth?





As I understand there is no POW for CAIX so pool operators will not make any changes. 
Coin exchange is only on coinswap and will only remain until 1.6 mill coins are exchanged.
POS is interest in the form of coins paid into your wallet.
Changing from CAI to caix = 1/10th of the coins and move to POS so it's easier to make a new coin.

FYI beware that any coins that are still cai will disappear since cai blockchain will be retired once transition to CAIx is complete.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]SummerCoin|POS|Trade on poloniex and bittrex
by
Zimoto
on 01/05/2014, 23:15:22 UTC
Anybody know how I can get my coins off summer.monsterhash.me, or did the pool owner take my coins to exchange? Site seems to be perpetually offline.
Haha yeah he said he was closing it earlier, you didn't have long to get your coins out - I think they've been jacked mate soz  Cry
Not as bad as P2Pool who stole ALL of their miners coins (including mine)  Angry
Cryptoland is a cesspit of scams Grin

That sucks man. I guess I shouldn't feel too bad then.
Well I sent a PM so will see if there is a response.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]SummerCoin|POS|Trade on poloniex and bittrex
by
Zimoto
on 01/05/2014, 20:36:40 UTC
Anybody know how I can get my coins off summer.monsterhash.me, or did the pool owner take my coins to exchange? Site seems to be perpetually offline.