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Showing 20 of 88 results by alzander
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Board Announcements (Altcoins)
Re: [ANN]ReliefProject™⭕Masternodes Giveaway ✅Real World Help✅ Helping Families !
by
alzander
on 28/06/2018, 14:11:45 UTC
Ganjaman,
Any update on the Colx coins you lost on your site? You stopped answering questions on your masternodexchange topic and banned me on Discord for asking questions, so I'm just trying to follow up in threads that you are hopefully monitoring.

To anyone else, I'd be very weary of storing coins on Masternodexchange or using it at all until they resolve their issues.

https://bitcointalk.org/index.php?topic=2661428.msg41084925#msg41084925
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Board Announcements (Altcoins)
Re: ANN [CHEESE] CHEESE | MASTERNODE | PoW | DPOS |
by
alzander
on 29/01/2018, 18:35:31 UTC
Market trading is pretty thin right now as there isn't a lot of available supply. The PoW reward just halved and it seems like the masternode stakers are holding all the time. Trying to buy enough to get a node, but tough to accumulate enough for one. It keeps bubbling up and down though, so getting some good buys in on the dips. Just want one before it starts to take off. Discord is really active with the devs and help, which I like to see.
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Topic
Board Announcements (Altcoins)
Re: 🚀 [ANN] ColossusCoinXT COLX - Coin Swap - Fair Launch, no ICO/ IPO! 🚀 Released
by
alzander
on 14/01/2018, 19:09:41 UTC
Anything change with rewards for staking?
Today get + 473.2199852 COLX instead of 947.9199852 COLX.

Half ?

Staking reward cutted by half after block #150000, as expected Wink


I actually didn't expect it to half. From the information given on the website I concluded, somewhat hasty one might say, that we already passed block 300,000 and the staking reward would no longer decrease. How is the staking reward calculated? The website says:

   PoS Rewards Breakdown

   Block Reward: Split dynamically via the Seesaw Reward Balance System between masternodes and staking nodes

   Blocks 10,81 – 151,200: 2500 COLX
   Blocks 151,201 – 302,399: 1250 COLX
   Blocks 302,400 – Infinite:  1000 COLX
   Proof of Stake Schedule:   5% to proposals for all phases
   95% distributed to stake wallet and master node


So the masternodes get 60% of 1250 COLX and the staking nodes get 40%?
1250 COLX * 0.4 * 0.95 - fee = 473.2199852

And the staking reward will half one more time at block 302,400?

I guess I found the answer.

The reward just halved last night to 1250, split between masternodes and stakers. Around May the reward will *not* halve again but decrease slightly to 1000 COLX. So, scarcity has been implemented and will reduce further later this year, but not by as much.
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Topic
Board Announcements (Altcoins)
Re: 🚀 [ANN] ColossusCoinXT COLX - Coin Swap - Fair Launch, no ICO/ IPO! 🚀 Released
by
alzander
on 28/12/2017, 12:59:25 UTC
The coinswap from CV2 to COLX has ended. You can see the (near) final tally of coins on NovaExchange's details page:
https://novaexchange.com/coinswap/147/

12B coins were generated in the first COLX block for the swap.
10.309B coins were actually swapped
There's still some manual swaps to process, but I can't imagine its in the hundreds of millions. We can round that up to 10.4B to be overly cautious though.

That means about 1.6B were not swapped.
5% of unswapped coins are going to a dev-fund for marketing and bigger exchanges -- 80M coins
That leaves 1.52B coins to be burned and an initial total supply of only 10.48B coins

So total supply will 87% of launch supply. Since launch, the block reward has been 2500 COLX per block.
For 4 months, that means 432M.
That means in early January, the total supply will be just under 11B.

The block reward is halving in early January to 1250 and around May will lower again to 1000, which means growth will slow down in 2018 a lot.

All of the above means:
* It will be a long time till we hit the 12B total supply mark
* 80M coins (21BTC at current 27 sat rate) is now in the devs hands for marketing and hitting bigger exchanges)

Both of those are great points for Colx and only should help it grow even more.

Congrats dev team!
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Topic
Board Announcements (Altcoins)
Re: 🚀 [ANN] ColossusCoinXT COLX - Coin Swap - Fair Launch, no ICO/ IPO! 🚀 Released
by
alzander
on 27/12/2017, 03:33:54 UTC
So it looks like the block rewards are going to halve in about a week. Current block height is 125,222 and at 151,201, the rewards go down to 1250 vs 2500 right now. When that happens, the supply is going to grow a lot slower. I'd assume that also prevents block reward dumps from holding down the market as much, right?

Anyone know what generally happens when a halving of rewards occurs? Seems like a good thing if you're holding though.
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Board Announcements (Altcoins)
Re: 🚀 [ANN] ColossusCoinXT COLX - Coin Swap - Fair Launch, no ICO/ IPO! 🚀 Released
by
alzander
on 25/12/2017, 18:05:48 UTC
How is the crowdfunding for Cryptopia going? From the BTC address, I see 1.62BTC which, at current rates, would buy ~1.75M DOT. The DOT address has had over 250k DOT deposited. So, is 500k DOT (.46BTC) all that remains? If so, we're so close and man, that's going to be killer for COLX to get on another reputable exchange. Coinsmarket honestly works, but it's design scares the crap out of everyone!
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Board Announcements (Altcoins)
Re: 🚀 [ANN] ColossusCoinXT COLX - Coin Swap - Fair Launch, no ICO/ IPO! 🚀 Released
by
alzander
on 13/11/2017, 14:04:12 UTC
Can someone provide an update of how the manual coin swap is going? I'm really curious to try and calculate what the final COLX coin count will be at the end of December.

NovaExchange's page shows 5.3B coins have been swapped. Is the manual process through the ColossusCoin website going through Nova (someone honorable is taking the CV2 and using their existing Nova account to make the trade and send to users), or is that some other process? Just wondering if the count on Nova is accurate or if the total swap, including the manual swaps, is a bit higher.

All in all, looks like less than 6B total coins to be generated (meaning ~6B coins to be burned), which I think is fantastic news for any current holders...
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Board Announcements (Altcoins)
Re: [ANN][POW & POSe X11][MASTERNODE] MonacoCoin - A real use in Monaco
by
alzander
on 05/11/2017, 17:50:29 UTC
Hello Folks,

I was able to successfully setup the Master node and with this command "./monacoCoin-cli masternode status" i could see console output tatus": "Masternode successfully started" and its been more than 6 hours, but don't see any change in the number of coins i hold, neither i see any change in the block explorer. Can someone please shed light on how much time it would take to see the coins getting accumulated in my wallet after the masternode has been setup.

You should get a reward of about 2 XMCC every 20-24 hours. It seems like not much, but it accumulates. The masternode reward is going to 5 XMCC by the end of the year though, which should be a big positive improvement.

is this true masternodes rewards is about 74.77% ?
i read on masternodes.pro, look like interesting to me
regards
As above, ~2XMCC / day, which translates to about 750 / year (~75% ROI) at the current rate. When it goes to 5XMCC, the ROI is going to go through the roof although surely the number of masternodes will increase.
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Board Tokens (Altcoins)
Re: [ANN] [ICO] | STASH | Digital Money For Everyone | PRE-SALE NOW LIVE!!!
by
alzander
on 05/11/2017, 17:41:51 UTC
Cava - But you still have no plan to actually launch this network or guarantee in any way that the tokens will be used on any blockchain that supports the 'stash' network you're building?

So are new employees *only* being paid in Stash? If so, they're getting the roughest end of this deal.. the tokens are locked up until September next year and, after that time, they'll be locked to the account they're in. For them to be used, the 'community' would have to implement the Stash blockchain *and* transfer the tokens that you sold into that new blockchain. Those employees better keep their fingers crossed.
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Board Announcements (Altcoins)
Re: 🚀 [ANN] ColossusCoinXT COLX - Coin Swap - Fair Launch, no ICO/ IPO! 🚀 Released
by
alzander
on 04/11/2017, 19:58:02 UTC
What's the address you sent too? Most likely, the coins aren't lost, you just can't see them if you're wallet isn't in sync yet.. really easy to check the block explorer to confirm if there is a transaction to the address you sent too...

Quote
I sent my colx from Nova Exchange to the wallet that I downloaded from your main website. I never received my colx. It only said that it was not in synch. So I decided to look up on your main page and saw this guide to synch my wallet. I follow your guide but nothing happened. I don't get it why do I have to follow more instructions just to fix a wallet that should already be running from your main website. I was really looking forward to colx but this experience has left me very disappointed. I invest over $600 in CV2's than I swapped it for colx. But now I'm left with nothing I have lost all my money because your wallet was not working correctly. Please help me in resolving this. I still have backups of the wallets that I deleted in my recycle bin. Is there any way I can get my colx back?
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Board Announcements (Altcoins)
Re: [ANN] AEON [2017-10-07: update to 0.9.14.0]
by
alzander
on 04/11/2017, 16:26:09 UTC
I don't have much experience mining, but minergate works fine


If you don't mind them skimming your money.

Agreed. Minergate is easy, but you pay for that ease with a what's pretty much proven to be some shenanigans on their part.
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Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] | STASH | Digital Money For Everyone | PRE-SALE NOW LIVE!!!
by
alzander
on 04/11/2017, 16:19:07 UTC
Any official statement on this from STASH team?
I don't know what is definition of scam, but details (including the fact that they are keeping the tokens) were publicly announced. And every investor should make good research about everything about the project they are investing in to.
Now it's up to STASH team how they will decide about the future of this project.


Agreed.. the whitepaper does lay out exactly what's going happen.. the info is pretty bleak, frankly, in that they are planning to develop something that they 'hope' the community will actually implement and then hopefully that community will honor the tokens that were sold during the ICO. It's pretty much a guaranteed loss, but they were upfront about it.

ICOs are easy to invest in, but that doesn't mean the people behind it are the people you would want to give your money too.
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Topic
Board Announcements (Altcoins)
Re: 🚀 [ANN] ColossusCoinXT COLX - Coin Swap - Fair Launch, no ICO/ IPO! 🚀 Released
by
alzander
on 04/11/2017, 16:15:59 UTC
COLX has been submitted for listing at https://node-vps.com/
Awesome. COLX is a really great coin. Rewards are swift and there seems to be a good community.. just need more eyes on it!
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Topic
Board Announcements (Altcoins)
Re: [ANN][POW & POSe X11][MASTERNODE] MonacoCoin - A real use in Monaco
by
alzander
on 04/11/2017, 16:14:30 UTC
Error reading configuration file: the options configuration file contains an invalid line 'DEK-Info:xxxx'

 Huh Huh Huh

That doesn't seem like a normal .conf line. Check your monacocoin.conf file and make sure it all looks right.
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Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] | STASH | Digital Money For Everyone | PRE-SALE NOW LIVE!!!
by
alzander
on 04/11/2017, 01:45:34 UTC
The above is rough, but it was all laid out at the beginning. They aren't even deploying the blockchain they say they are developing.

I'm sorry you lost your 11 ETH but I'm pretty confident it's gone. Maybe EtherDelta will list this token, but I can't imagine there will be a lot of demand Sad
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Topic
Board Announcements (Altcoins)
Re: [ANN][POW & POSe X11][MASTERNODE] MonacoCoin - A real use in Monaco
by
alzander
on 02/11/2017, 01:15:07 UTC
I bought a bunch of xmcc to setup masternodes and am disappointed that I can't run this on my windows computers at home.  The point is that I would like to be able to control my funds all the time. I don't want to be renting a server and have all my coins there, now I'm not in control of my funds. What if someone at the hosting company is checking the server and decides to transfer all my coin to his account?!

Why not a sentinel for windows?

If someone takes the backup dat file do they still need my password to transfer coin?

None of your coins are stored in a masternode. The MN uses a separate wallet and your home computer wallet basically says "This VPS can act as a masternode with my coins". Once you 'enable' that, you don't even have to have your home computer on.. the masternode just mints coins to your PC wallet.
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Topic
Board Announcements (Altcoins)
Re: 🚀 [ANN] ColossusCoinXT COLX - Coin Swap - Fair Launch, no ICO/ IPO! 🚀 Released
by
alzander
on 02/11/2017, 01:10:29 UTC
This may seem like a rough month for COLX, but I really think everything points to a positive place as long as some development and marketing (talked about in Slack) actually proceeds. The pitfalls are:
* Nova shutdown - Coinswap is more problematic
* Coinswap in general is dragging down COLX price because you used to be able to buy CV2 and arbitrage it to COLX
* BTC skyrocketing - brings down all alts

However, most of these turn out to be positives in the long run:
* Coinswap is harder and harder and so far only 5B of the 12B available have been swapped. With a month left, it looks like there's going to be half the original supply.
** At 10M / masternode, that makes each node hold .16% of all coins and a max cap of 600 MN's. Currently, COLX is at ~100 MN, locking up 16% of the supply

* PoS rate is relatively low, so coin growth rate isn't huge. It would be decades before we come near the 12B originally minted for the swap
* After the BTC fork (my guess is that) so many people are going to spread back into altcoins and, at 1 sat and with the above, COLX is going to rally.

I'm a big buyer now and very excited about the future.. rough road now (for most alts), but if dev and community stick around, COLX is going to be a money machine. After the Dec coinswap is over, if 6B is really all that's available.. it can either half our market cap (if price doesn't change) or double our price (to keep the market cap).. I'm banking between the fork and the low swap, it's going to 10 sats over the next few months. Exciting!
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Topic
Board Announcements (Altcoins)
Re: 🚀 [ANN] ColossusCoinXT COLX - Coin Swap - Fair Launch, no ICO/ IPO! 🚀 Released
by
alzander
on 23/10/2017, 00:13:22 UTC
If someone has a sec and could help me out. I am trying to set up my wallet for staking, but for some reason, it says that staking is not active. Like stated in the instructions, I added staking=1. I've encrypted the wallet, and unlocked it for staking, which allowed the wallet to sync up and download the blockchain, but for some reason it's still unable to stake.

In the config file, when it says

rpcuser=*yourusername*
rpcpassword=*yourpassword*


what username/password is it referring to?
Also, could this be because the balance isn't matured yet? I know other wallets state when staking is not available due to coin maturation.


It takes 7 days from the time coins were sent to your wallet for them to be 'mature' and ready to stake. If you haven't waited 7 days since receiving coins, you won't be able to stake. After 7 days from the time the coins are received, you should be able to stake. You can open the Debug Console and type 'getstakingstatus'. All the responses need to be 'true'. If not, and you don't know what's wrong, post the output here and someone can help you.
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Board Announcements (Altcoins)
Re: ⚡[ANN]⚡ ▐░Espers [ESP]░▌▐░PoW/PoS░▌▐░HMQ1725 Algo░▌ ▐░New Features░▌
by
alzander
on 22/10/2017, 20:09:28 UTC
Very excited about a new release. Any fixes are movement in the right direction for this coin.

is there a plan to decrease the amount of coins? there seem to be an awful lot of them  Roll Eyes

The supply has already been decreased from 500 billion. There's a reason for having that many coins, which is having a very small minimum unity that can be used for paying for micro-services, e.g. forwarding a single data packet. (That's my interpretation of it.) I've always been of the opinion that reducing the coin supply to 50 billion was already a mistake (albeit a rather small one.  Wink)


Great to see the update which fixes Pow. Is Cryptocoderz now working on the PoS "fix", which let people with low amount of espers stake more often?.

Yes, this seems to be the next item on the todo list, according to what Monoxide said in Discord.

I had no idea why the supply was so high. Just thought it was during the wave of ridiculously high coin supply coin launches. At least there was some logic behind it, though I think it needs to stay in a realm where the value can be measured in multiple sats.. otherwise, any coin doubles and halve in price every day, which is difficult to put a real price on... yes, I know there are other markets for better granularity (LTC, etc), but BTC rules the roost for now and the foreseeable future for giving a coin it's 'worth'.
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Board Announcements (Altcoins)
Re: ⚡[ANN]⚡ ▐░Espers [ESP]░▌▐░PoW/PoS░▌▐░HMQ1725 Algo░▌ ▐░New Features░▌
by
alzander
on 20/10/2017, 19:49:08 UTC
I hope that devs will adjust the balance between POS and POW in the next update.

Now 99% is POS and 1% POW. Nobody mines this coin now, too bad, with this great algo HMQ1725 there are lots of ways to mine this coin, even for people who just start mining and don't many big miners and stuff. A 50-50 balance between POS and POW would be great.
Reward is too low nowadays for mining. I've bought some for 2 sat and waiting for something.

2 sats is a good rate for most people... glad EPS seems to be off the ground from 1 sat. I bought in (mostly) at 2 as well and am looking for liftoff. The increase in communications is definitely a good thing!