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Author Topic: ★★ [ANN] ECCoin (ECC) ★★★ ECCoin - Green Future FORK FIXED UPGRADE NEEDED  (Read 342510 times)
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Majormax
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April 20, 2014, 09:40:40 PM
 #3741

From the OP:


ECC the max coin age for PoS is 84 days (minimum being 42 days)

So, if you don't open the wallet for say, 100 days, only the 84 days age will be counted for your % stake . It is therefore desirable (but not essential) to open the wallet at least once in 84 days.'


@HOSTMASTER:
That's bad advice, right? If someone opens the wallet and they had coins that were 40 days old, those coins will remain 40 days old. If they open the wallet again 84 days later, those coins would then be 124 days old, but they would only get interest for 84 days. So "...at least once in 84 days" is bad advice, I think.

Really you should open the wallet every 42 days, because the window where you can collect interest is 42 days long, not 84 days long. I've been saying "one month" because it's easier to remember and mark on your calendar.

You should open the wallet as often as you can to get the benefit of compounding.
copychicken
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April 20, 2014, 09:52:24 PM
 #3742

you can leave it open..or put it on windows startup... i dont see why people are closing wallets...


 
 
 
 
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...INTRODUCING WAVES........
...ULTIMATE ASSET/CUSTOM TOKEN BLOCKCHAIN PLATFORM...






takkaros
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April 20, 2014, 10:12:22 PM
 #3743

you can leave it open..or put it on windows startup... i dont see why people are closing wallets...


Maybe because of something like that Smiley

copychicken
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April 20, 2014, 11:05:44 PM
 #3744

so much Huh strange... mine just use 1% now and then


 
 
 
 
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...INTRODUCING WAVES........
...ULTIMATE ASSET/CUSTOM TOKEN BLOCKCHAIN PLATFORM...






hereforthehigh
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April 20, 2014, 11:25:04 PM
 #3745

not sure if its been mentioned  but do i need to do anything to have my wallet ready for staking?
copychicken
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April 20, 2014, 11:48:34 PM
 #3746

if its unlocked/decrypted... its fine...it will stake the first transaction that closes 42 days inside the wallet.


 
 
 
 
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...INTRODUCING WAVES........
...ULTIMATE ASSET/CUSTOM TOKEN BLOCKCHAIN PLATFORM...






hereforthehigh
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April 20, 2014, 11:54:13 PM
 #3747

if its unlocked/decrypted... its fine...it will stake the first transaction that closes 42 days inside the wallet.

its locked and decrypted so it is safe to unlock? encrypting only adds security, correct?
copychicken
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April 20, 2014, 11:59:55 PM
 #3748

yes... i have all my wallets unlocked... unless you have some serious spyware/malware on your pc...


 
 
 
 
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...INTRODUCING WAVES........
...ULTIMATE ASSET/CUSTOM TOKEN BLOCKCHAIN PLATFORM...






hereforthehigh
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April 21, 2014, 12:02:51 AM
 #3749

i have protection, thanks for your help! Smiley
eschmenk
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April 21, 2014, 01:42:32 AM
 #3750

so much Huh strange... mine just use 1% now and then

I haven't seen it often, but I have seen a couple of wallets get stuck with high CPU usage, too. I'm not sure, but I think you must have multiple wallets open to run into that situation.

@Majormax: Thanks for the point about interest compounding.

DOGE: D6LQ9A9XFgxKxwPRJZKocLUgJhWtWNaFcb     ECC: EX5YjWshEuJAed2tdu1ianrwMuP3fCSgsT     EMC2: ENgpQLmP9kLhTKfnEJQgSoJB1FJGKcP7z8
hostmaster (OP)
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April 21, 2014, 02:56:45 AM
 #3751

From the OP:


ECC the max coin age for PoS is 84 days (minimum being 42 days)

So, if you don't open the wallet for say, 100 days, only the 84 days age will be counted for your % stake . It is therefore desirable (but not essential) to open the wallet at least once in 84 days.'


@HOSTMASTER:
That's bad advice, right? If someone opens the wallet and they had coins that were 40 days old, those coins will remain 40 days old. If they open the wallet again 84 days later, those coins would then be 124 days old, but they would only get interest for 84 days. So "...at least once in 84 days" is bad advice, I think.

Really you should open the wallet every 42 days, because the window where you can collect interest is 42 days long, not 84 days long. I've been saying "one month" because it's easier to remember and mark on your calendar.

You should open the wallet as often as you can to get the benefit of compounding.
yes its good also for network health
hostmaster (OP)
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April 21, 2014, 03:00:47 AM
Last edit: April 21, 2014, 03:12:29 AM by hostmaster
 #3752

you can leave it open..or put it on windows startup... i dont see why people are closing wallets...

win 7 generally its here

C:\Users\user1\AppData\Roaming\Microsoft\Windows\Start Menu\Programs\Startup

you put this directory a ecc wallet's shortcut. So every time you open it should start the wallet.
bonosurgut
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April 21, 2014, 04:35:38 AM
 #3753

block 84160 Grin
hostmaster (OP)
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April 21, 2014, 05:36:21 AM
 #3754

block 84160 Grin
yes very few mining blocks left.
salchichon
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April 21, 2014, 06:02:57 AM
 #3755

finishhhhh   Grin
bonosurgut
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April 21, 2014, 06:22:59 AM
 #3756

yes very few mining blocks left.

when you think you really run multipul ? 1 week, few days ?
hostmaster (OP)
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April 21, 2014, 06:58:23 AM
 #3757

yes very few mining blocks left.

when you think you really run multipul ? 1 week, few days ?
First, i reach beta testers those who emailed, then we go public. I can't give exact date we don't know last minute problems, but hopefully should not not take more than 2 weeks with our current speed. I'll open new thread and push hard to get new miners to the pool, the more miners we have better for us. We need to educate you some, our system little bit different then current pools.


jorrr
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April 21, 2014, 07:00:07 AM
 #3758

yes very few mining blocks left.

when you think you really run multipul ? 1 week, few days ?
First, i reach beta testers those who emailed, then we go public. I can't give exact date we don't know last minute problems, but hopefully should not not take more than 2 weeks with our current speed. I'll open new thread and push hard to get new miners to the pool, the more miners we have better for us. We need to educate you some, our system little bit different then current pools.



great work!  Grin
bonosurgut
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April 21, 2014, 07:38:37 AM
 #3759

First, i reach beta testers those who emailed, then we go public. I can't give exact date we don't know last minute problems, but hopefully should not not take more than 2 weeks with our current speed. I'll open new thread and push hard to get new miners to the pool, the more miners we have better for us. We need to educate you some, our system little bit different then current pools.

i'm with ECC from launch. If you need some hash just say. One of my rig ~3.6Mgh at any time you can go to for the test.
goldmaxx
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April 21, 2014, 08:48:57 AM
 #3760

Guys

This is the time to start a more active promotion campaign in the main forum...
Let everyone know now is the time to buy...
POW is coming to end within the next 24H, from that point suply is cut of to max 25%...

This is the week of ECCoin!

Regards

R

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