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Showing 20 of 71 results by digitsmith
Currently researching FlutterCoin.
Launched a few days ago - rocky start but seems to be stable now (i'll cut the dev some slack as this is not a copy and paste coin).
PoW, PoS and introducing Proof of Block (interesting).
Not much in the spec about PoS but looking at the code it seems to be 100% max yearly interest.
Wallet includes coin control (nice).
PoW rewards scales down over 8 years.
I also like the fact that dev is doing his best to stay below the radar and focusing on the code.
Promising - this may be the new coin I was looking for?
Mining FLT while net hashrate still low.
https://cryptocointalk.com/topic/7068-fluttercoin-flt-information/
https://bitcointalk.org/index.php?topic=499126.0
Edit: I asked dev about PoS in Flutter and he said it's the same as NVC except that he changed lower interest bound to 5%
Launched a few days ago - rocky start but seems to be stable now (i'll cut the dev some slack as this is not a copy and paste coin).
PoW, PoS and introducing Proof of Block (interesting).
Not much in the spec about PoS but looking at the code it seems to be 100% max yearly interest.
Wallet includes coin control (nice).
PoW rewards scales down over 8 years.
I also like the fact that dev is doing his best to stay below the radar and focusing on the code.
Promising - this may be the new coin I was looking for?
Mining FLT while net hashrate still low.
Code:
// miner's coin stake reward based on nBits and coin age spent (coin-days)
int64 GetProofOfStakeReward(int64 nCoinAge, unsigned int nBits, unsigned int nTime, bool bCoinYearOnly)
{
int64 nRewardCoinYear, nSubsidy, nSubsidyLimit = 10 * COIN;
CBigNum bnRewardCoinYearLimit = MAX_MINT_PROOF_OF_STAKE; // Base stake mint rate, 100% year interest
CBigNum bnTarget;
bnTarget.SetCompact(nBits);
CBigNum bnTargetLimit = GetProofOfStakeLimit(0, nTime);
bnTargetLimit.SetCompact(bnTargetLimit.GetCompact());
// FlutterCoin: A reasonably continuous curve is used to avoid shock to market
CBigNum bnLowerBound = 5 * CENT, // Lower interest bound is 5% per year
bnUpperBound = bnRewardCoinYearLimit, // Upper interest bound is 100% per year
bnMidPart, bnRewardPart;
int64 GetProofOfStakeReward(int64 nCoinAge, unsigned int nBits, unsigned int nTime, bool bCoinYearOnly)
{
int64 nRewardCoinYear, nSubsidy, nSubsidyLimit = 10 * COIN;
CBigNum bnRewardCoinYearLimit = MAX_MINT_PROOF_OF_STAKE; // Base stake mint rate, 100% year interest
CBigNum bnTarget;
bnTarget.SetCompact(nBits);
CBigNum bnTargetLimit = GetProofOfStakeLimit(0, nTime);
bnTargetLimit.SetCompact(bnTargetLimit.GetCompact());
// FlutterCoin: A reasonably continuous curve is used to avoid shock to market
CBigNum bnLowerBound = 5 * CENT, // Lower interest bound is 5% per year
bnUpperBound = bnRewardCoinYearLimit, // Upper interest bound is 100% per year
bnMidPart, bnRewardPart;
https://cryptocointalk.com/topic/7068-fluttercoin-flt-information/
https://bitcointalk.org/index.php?topic=499126.0
Edit: I asked dev about PoS in Flutter and he said it's the same as NVC except that he changed lower interest bound to 5%
Re: [ANN][PHS][PoS] PhilosopherStone | Fast | PoW-PoS | ASIC Resistance | Messages
That was really quick! Impressed 
I'm only running OSX and Linux but installed the beta wallet in a Win 7 Parallels VM on OSX.
Wallet still busy synching with network but looking good so far
I'm only running OSX and Linux but installed the beta wallet in a Win 7 Parallels VM on OSX.
Wallet still busy synching with network but looking good so far
i'm relatively new to crypto but this is a good summary of how my thoughts are beginning to crystallize (personally i'm not interested in a day trading approach)
also the reason why the only stake coins currently on my investment list are NVC, HBN, and PHS (recently added)
watching the resurrection of GrowthCoin closely
interesting that apart from NVC (about 2 years old) all the other coins on my list (HBN, PHS, GRW) were launched about 7-8 months ago
will be great to see a new coin designed using this model
if not i may consider refreshing my c++ skills and developing one myself
also the reason why the only stake coins currently on my investment list are NVC, HBN, and PHS (recently added)
watching the resurrection of GrowthCoin closely
interesting that apart from NVC (about 2 years old) all the other coins on my list (HBN, PHS, GRW) were launched about 7-8 months ago
will be great to see a new coin designed using this model
if not i may consider refreshing my c++ skills and developing one myself
A lot of new PoS coins are cloning MINT so obviously the MINT model seems to be popular.
Not sure I like the idea of only being able to effectively PoW mine for 5 or 6 weeks?
A more gradual shift from PoW to PoS seems to make more sense imho - from a long term investment coin perspective that is.
Thoughts?
Not sure I like the idea of only being able to effectively PoW mine for 5 or 6 weeks?
A more gradual shift from PoW to PoS seems to make more sense imho - from a long term investment coin perspective that is.
Thoughts?
@StakeHunter, thank you for sharing - hopefully we can all combine our knowledge and make this list beneficial to all PoS investors.
I've been investing in Hobo for a while now and I'm really starting to like PoS coins.
Mainly because of what you've shared (in this post as well as your PoS Investments post) I'm currently researching Stones (looking good) and mining some Growth.
Also researching two new PoS coins - ECC and ZEIT
Both claiming a 25% year 1 interest rate...
Edit: both ECC and ZEIT seems to be MINT clones.
I've been investing in Hobo for a while now and I'm really starting to like PoS coins.
Mainly because of what you've shared (in this post as well as your PoS Investments post) I'm currently researching Stones (looking good) and mining some Growth.
Also researching two new PoS coins - ECC and ZEIT
Both claiming a 25% year 1 interest rate...
Edit: both ECC and ZEIT seems to be MINT clones.
Re: [ANN][PHS][PoS] PhilosopherStone | Fast | PoW-PoS | ASIC Resistance | Messages
Sweet CC in PHS , I remember why I didn't add it before - TX comments
Will put out a beta for you CC lovers to test it out before main release
Will put out a beta for you CC lovers to test it out before main release
Nice! Count me in for the beta...
Re: [ANN][PHS][PoS] PhilosopherStone | Fast | PoW-PoS | ASIC Resistance | Messages
I understand why coin control was not implemented. With the short stake period - 5 days - keeping an eye on the coins could be a full time job. Currently every month or so I just send all my coins from one wallet to another to eliminate dust.
With a short stake period it becomes even more important to manage the dust effect, and although you can do this by regularly sending all coins between wallets, coin control provides a more 'elegant' way to do this - or maybe i'm just a control freak
Dev also said that he likes coin control and when PHS grows it can be added, so I'm looking forward to this.
Btw, I don't agree about coin control adding confusion - as a default the feature is switched off and it needs to be specifically activated with an 'experts only' warning.
Re: [ANN][PHS][PoS] PhilosopherStone | Fast | PoW-PoS | ASIC Resistance | Messages
Is there any chance to put a request out there for the dev team?
How about:
-coin control
-multi-wallet load capability
It would make maintaining stake a whole lot easier.
How about:
-coin control
-multi-wallet load capability
It would make maintaining stake a whole lot easier.
Agreed.
I'm using these features in HBN - must have in my opinion to effectively manage PoS coins.
Will be great to have consistency re more advanced wallet features.
Re: [ANN][STC] StormCoin - Taking The CryptoCurrency World By Storm [Scrypt][STC]
it create all files in the same folder with the stormcoin-qt.exe
looked there when I didn't find it under roaming folder but not there either
i'm running windows-qt version in a parallels vm on mac os x
Re: [KGC] The future is krugercoin and the future is now! [Official Launch]
Krugercoin is life and well --- trying to get more services running - and also update to kimoto gravity well
Please see http://krugercoin.co to stay updated with krugercoin
+1 for KGW
at current 215 mh/s diff should've been about 1.5 (currently @ 6.2) - 2 min time per block vs 30s target
concerned about how long it's going to take for PoW diff to settle down
concerned about how long it's going to take for PoW diff to settle down
If HoboNickels are held solely at Cryptsy, do they still generate interest and is this interest received? Thanks
short answer, no
you need to have your coins in an open unlocked wallet to stake