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MMXIV (OP)
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September 12, 2014, 03:31:50 AM |
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Please understand this is only open for Alpha Testing: http://mmxivcoin.com/stake.htmlNo coins will ever be lost, but there may be downtime. You are still able to use the coins in your local wallet while using simulated offline staking
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d2dtk
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September 12, 2014, 03:39:01 AM |
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Please understand this is only open for Alpha Testing: http://mmxivcoin.com/stake.htmlNo coins will ever be lost, but there may be downtime. You are still able to use the coins in your local wallet while using simulated offline staking How secure will our private keys be on your server/website?
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MMXIV (OP)
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September 12, 2014, 03:47:28 AM |
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Please understand this is only open for Alpha Testing: http://mmxivcoin.com/stake.htmlNo coins will ever be lost, but there may be downtime. You are still able to use the coins in your local wallet while using simulated offline staking How secure will our private keys be on your server/website? They are only passed to me once and discarded as soon as they are live. It's no different than using an address you generated on an exchange, except you have total, local, live in your client control over this one, too. There is no connection between the website and the actual nodes as of right now, so any submitted prior to automation (if we go that route) won't have any correlation at all. They will also be spread out among many, many nodes, so even if one does become compromised, it will not be for a large amount I'm still undecided on whether I want to automate this system or not The reason we are offering this service is to make sure as many coins are staking as possible at all times. Not only does this secure the blockchain, but it will ensure every holder is earning their estimated 0.96% weekly interest, whether they have their local client running 24/7 or not
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MMXIV (OP)
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September 12, 2014, 04:15:05 AM |
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Please understand this is only open for Alpha Testing: http://mmxivcoin.com/stake.htmlNo coins will ever be lost, but there may be downtime. You are still able to use the coins in your local wallet while using simulated offline staking How secure will our private keys be on your server/website? I actually just added a little popup to answer that question on http://mmxivcoin.com/stake.html near the bottom after I wrote the response here 
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Phosphorous
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September 12, 2014, 05:22:56 AM |
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I admit that I may not understand what this is, but I think simulated staking isn't quite the right description. I thought of simulated staking like simulated stock trading meaning the money and trades aren't real. Usually something simulated isn't real. I think what you have developed might be better described as virtual staking?
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MMXIV (OP)
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September 12, 2014, 05:27:31 AM |
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I admit that I may not understand what this is, but I think simulated staking isn't quite the right description. I thought of simulated staking like simulated stock trading meaning the money and trades aren't real. Usually something simulated isn't real. I think what you have developed might be better described as virtual staking?
Either one works. Changed it all to Virtual since that may sound more clear
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MMXIV (OP)
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September 12, 2014, 06:06:31 PM |
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We already have several hundred coins enrolled into the Alpha Test. I'm beyond impressed with the response! Please post your updates. If you are staking while you have your local wallet closed, etc Thanks to everyone who is helping us test the Virtual Offline Staking at http://mmxivcoin.com/stake.html
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Phosphorous
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September 12, 2014, 06:11:34 PM |
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We already have several hundred coins enrolled into the Alpha Test. I'm beyond impressed with the response! Please post your updates. If you are staking while you have your local wallet closed, etc Thanks to everyone who is helping us test the Virtual Offline Staking at http://mmxivcoin.com/stake.htmlSo how would we know if it's staking when our wallet isn't open? Would we just notice that we get a bunch of deposits when we do open start our wallet after having it not-run for a while?
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MMXIV (OP)
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September 12, 2014, 06:43:36 PM |
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We already have several hundred coins enrolled into the Alpha Test. I'm beyond impressed with the response! Please post your updates. If you are staking while you have your local wallet closed, etc Thanks to everyone who is helping us test the Virtual Offline Staking at http://mmxivcoin.com/stake.htmlSo how would we know if it's staking when our wallet isn't open? Would we just notice that we get a bunch of deposits when we do open start our wallet after having it not-run for a while? Yea. If you have your client closed while coins are in Stake. Once you reload it, you should see all the staking that happened while yours was closed
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MMXIV (OP)
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September 12, 2014, 07:14:00 PM Last edit: September 12, 2014, 07:33:06 PM by MMXIV |
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We already have several hundred coins enrolled into the Alpha Test. I'm beyond impressed with the response! Please post your updates. If you are staking while you have your local wallet closed, etc Thanks to everyone who is helping us test the Virtual Offline Staking at http://mmxivcoin.com/stake.htmlSo how would we know if it's staking when our wallet isn't open? Would we just notice that we get a bunch of deposits when we do open start our wallet after having it not-run for a while? Yea. If you have your client closed while coins are in Stake. Once you reload it, you should see all the staking that happened while yours was closed Don't forget... all you have to do to opt out is to send your coins to a new address. That will remove them from our program completely and we will no longer have a valid Private Key to stake with for your new address
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Karn
Sr. Member
  
Offline
Activity: 434
Merit: 250
"The mass of men lead lives of quiet desperation."
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September 12, 2014, 07:36:11 PM |
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We already have several hundred coins enrolled into the Alpha Test. I'm beyond impressed with the response! Please post your updates. If you are staking while you have your local wallet closed, etc Thanks to everyone who is helping us test the Virtual Offline Staking at http://mmxivcoin.com/stake.htmljust joined lol I really need to keep up to date with this thread. I think it a great idea by the way 
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“But it's a poor fellow who can't take his pleasure without asking other people's permission.” ― Hermann Hesse, Steppenwolf
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MMXIV (OP)
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September 12, 2014, 07:40:19 PM |
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We already have several hundred coins enrolled into the Alpha Test. I'm beyond impressed with the response! Please post your updates. If you are staking while you have your local wallet closed, etc Thanks to everyone who is helping us test the Virtual Offline Staking at http://mmxivcoin.com/stake.htmljust joined lol I really need to keep up to date with this thread. I think it a great idea by the way  Yea, we don't really post teasers. Just kinda when things are ready for open testing  Please remember that we cannot recover and Private Keys, should you lose them. So make sure you have your local wallets backed up at all times. The main goal here is to make Maieuticoin feel like a virtual savings account that earns nearly 1% weekly, rather than 1% yearly like a savings account at a bank. Make sure you back up your savings accounts locally. Our records are used solely for staking purposes and nothing more
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MMXIV (OP)
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September 13, 2014, 05:39:48 AM |
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More than 10% of the network has enrolled in the virtual staking so far
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iGotSpots
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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September 13, 2014, 06:26:16 AM |
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I sent some to your staking thing yesterday and loaded client today and had stakes
I guess its working. Pretty sweet, actually
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MMXIV (OP)
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September 13, 2014, 06:44:18 AM |
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Ilan1
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September 13, 2014, 02:59:39 PM |
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When is the redraw for the 2nd Antminer S3 Raffle? You said that you were going to refund the person that did not claim the prize and then reselect an new winner?? https://asktom.cf/index.php?topic=753112.40
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MMXIV (OP)
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September 13, 2014, 04:24:14 PM |
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Trying to wait as long as possible. Not really fair if I pick a new winner, yet. He has until Mondy
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MMXIV (OP)
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September 13, 2014, 04:24:50 PM |
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Looks like the mods are deleting my topics. I'm going to keep reposting them, though, so if I get banned, you know why
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MMXIV (OP)
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September 13, 2014, 05:08:41 PM |
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Mods, stop deleting my posts. My account is not compromised This is a legitimate service and I've proven myself to be legitimate and trustworthy with our raffles Please knock it off
 Virtual Offline StakingPure Proof of Stake requires users to have a wallet open in order to earn interest. With Virtual Offline Staking, earn up to 0.96% Weekly Interest. That's fifty times more than an average savings account How secure will our private keys be?Private Keys are only passed to me once and discarded as soon as they are live. It's no different than using an address you generated on an exchange, except you have total, local, live in your client control over this one, too. There is no connection between the website and the actual nodes as of right now, so any submitted prior to automation (if we go that route) won't have any correlation at all. They will also be spread out among many, many nodes, so even if one does become compromised, it will not be for a large amount Why are you offering this service for free?The reason we are offering this service is to make sure as many coins are staking as possible at all times. Not only does this secure the blockchain, but it will ensure every holder is earning their estimated 0.96% weekly interest, whether they have their local client running 24/7 or not Send coins to one address that you want to stake onEvery Maieuticoin Address has a unique Private Key. Proof of Stake blocks are generated after users hold their coins in one address for 24 hours. These coins currently only earn interest if your client is running. Entering into this optional service ensures your coins will always be staking, when eligible, and not subject to down time between restarts, or simply forgetting to open the Maieuticoin client. These never close! What if I change my mind?Opting out of the program is very easy. All you have to do is send your coins to a new address. This will remove them from the Private Key submitted on our website
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