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[ANN] - ELEMS - 1st Mintable Scrypt Coin - NO INITIAL SUPPLY - FAIR DISTIBUTION
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Author Topic: [ANN] - ELEMS - 1st Mintable Scrypt Coin - NO INITIAL SUPPLY - FAIR DISTIBUTION  (Read 53041 times)

Klokan

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Code: [Select]
INFO: pool-1-thread-1 computed 1 [MH] :o
Did i mint? ???

Probably not, this is just the info, that your computer verified/spent 1 MHash of its power for minting ;-)
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Wakasaki808

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woo I'm minting :)

Still nothing yet though....
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NXT-98EP-BVRB-WU6B-386RA

starik69

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Oh, looked in code. It will show "solution" when minted :-[
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NXT-R2U6-22MC-LQL2-22222 (648774468) - NXT | All versions of NXT client and more - https://mega.co.nz/#F!J1xmgAyC!cnaqdxHALLMGiS0hTPrhAg

shin

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Can someone confirm if minting also applicable to an account with an effective balance of 0?

Forging requires that the account must have gotten 1440 blocks confirmations, or approximately a day old. But does this restriction also apply to minting? =/

By the way, there is 0 result when trying to find a currency with the code ELEMS on the currencies list. What gives?
« Last Edit: January 11, 2015, 01:36:10 am by shin »
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Wallet: NXT-ELEB-XT6G-L475-HXRFX • 18354136531262130569 • Twitter: Shin NXT

elements

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How much Nxt do you pay for 1 ELEMS? :)

The first Exchange Request for ELEMS is live:   500nxt for 1 ELEMS

*This is close to the price of LTC before the big drop that happens the last 2-3 weeks. ELEMS and LTC have both the same amount of total coins: 84 millions.

Where can I see this exchange request ? I just see :

Offers to Exchange NXT for ELEMS
Height    Account    Units    Limit    Rate
330108   NXT-L32A-SP75-LNQZ-8V89Y   1   1   1
330118   NXT-3FAT-YTFM-7GAB-9HHS9   1   1   0.01

This whole system is new to everyone, maybe someone from the development team can enlighten us.
« Last Edit: January 11, 2015, 01:32:13 am by elements »
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ELEMS - 1st Mintable Scrypt Coin - NO INITIAL SUPPLY - FAIR DISTIBUTION

Start minting here: https://nxtforum.org/index.php?topic=7400.0

Wakasaki808

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Can someone confirm if minting also applicable to an account with an effective balance of 0?

Forging requires that the account must have gotten 1440 blocks confirmations, or approximately a day old. But does this restriction also apply to minting? =/

By the way, there is 0 result when trying to find a currency with the code ELEMS on the currencies list. What gives?

I atm have an effective balance of 0 although have 10k in NXT right now along with a lot of NXT in assets (I buy and sell a lot of assets :P). Still have been able to mint 1 ELEMS so far. (it takes 1 NXT away per mint from your account)
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NXT-98EP-BVRB-WU6B-386RA

elements

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How much Nxt do you pay for 1 ELEMS? :)

The first Exchange Request for ELEMS is live:   500nxt for 1 ELEMS

*This is close to the price of LTC before the big drop that happens the last 2-3 weeks. ELEMS and LTC have both the same amount of total coins: 84 millions.

Where can I see this exchange request ? I just see :

Offers to Exchange NXT for ELEMS
Height    Account    Units    Limit    Rate
330108   NXT-L32A-SP75-LNQZ-8V89Y   1   1   1
330118   NXT-3FAT-YTFM-7GAB-9HHS9   1   1   0.01

The latest exchange was 0.01 ELEMS for 2 nxt . Exchange rate 200nxt per 1ELEM
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ELEMS - 1st Mintable Scrypt Coin - NO INITIAL SUPPLY - FAIR DISTIBUTION

Start minting here: https://nxtforum.org/index.php?topic=7400.0

shin

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Can someone confirm if minting also applicable to an account with an effective balance of 0?

Forging requires that the account must have gotten 1440 blocks confirmations, or approximately a day old. But does this restriction also apply to minting? =/

By the way, there is 0 result when trying to find a currency with the code ELEMS on the currencies list. What gives?

I atm have an effective balance of 0 although have 10k in NXT right now along with a lot of NXT in assets (I buy and sell a lot of assets :P). Still have been able to mint 1 ELEMS so far. (it takes 1 NXT away per mint from your account)
Thanks for the confirmation, wakasaki. I would suggest you to mint from an account that has a low balance; or that has an amount of NXT you are willing to lose because WHEN MINTING THE PASSPHRASE OF THE MINTING ACCOUNT IS SENT TO THE HOST. Please, let this be read by all minters! Happy minting everyone! :)

Oh, I still can't find ELEMS on the list of currencies. Am I missing something? Nevermind, found it now, currency ID is 7035962084481354251 :)

Aaaand I just minted 1 ELEMS. Nice... :D
« Last Edit: January 11, 2015, 01:55:30 am by shin »
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Wallet: NXT-ELEB-XT6G-L475-HXRFX • 18354136531262130569 • Twitter: Shin NXT

xyzzyx

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[nevermind.]
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"An awful lot of code is being written ... in languages that aren't very good by people who don't know what they're doing." -- Barbara Liskov

Wakasaki808

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Can someone confirm if minting also applicable to an account with an effective balance of 0?

Forging requires that the account must have gotten 1440 blocks confirmations, or approximately a day old. But does this restriction also apply to minting? =/

By the way, there is 0 result when trying to find a currency with the code ELEMS on the currencies list. What gives?

I atm have an effective balance of 0 although have 10k in NXT right now along with a lot of NXT in assets (I buy and sell a lot of assets :P). Still have been able to mint 1 ELEMS so far. (it takes 1 NXT away per mint from your account)
Thanks for the confirmation, wakasaki. I would suggest you to mint from an account that has a low balance; or that has an amount of NXT you are willing to lose because WHEN MINTING THE PASSPHRASE OF THE MINTING ACCOUNT IS SENT TO THE HOST. Please, let this be read by all minters! Happy minting everyone! :)

Oh, I still can't find ELEMS on the list of currencies. Am I missing something? Nevermind, found it now, currency ID is 7035962084481354251 :)

Aaaand I just minted 1 ELEMS. Nice... :D

thanks for the suggestion. Will do. :)
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elements

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[nevermind.]

Still you have problems minting?
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ELEMS - 1st Mintable Scrypt Coin - NO INITIAL SUPPLY - FAIR DISTIBUTION

Start minting here: https://nxtforum.org/index.php?topic=7400.0

Klokan

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How much Nxt do you pay for 1 ELEMS? :)

The first Exchange Request for ELEMS is live:   500nxt for 1 ELEMS

*This is close to the price of LTC before the big drop that happens the last 2-3 weeks. ELEMS and LTC have both the same amount of total coins: 84 millions.

Where can I see this exchange request ? I just see :

Offers to Exchange NXT for ELEMS
Height    Account    Units    Limit    Rate
330108   NXT-L32A-SP75-LNQZ-8V89Y   1   1   1
330118   NXT-3FAT-YTFM-7GAB-9HHS9   1   1   0.01

This whole system is new to everyone, maybe someone from the development team can enlighten us.

Tha last row is probably really 0.01NXT per 1 ELEMS, not 100NXT per ELEMS, as you suggested before. And I probably suspect, why -- if you want to create sell exchange offer, the system cry, that "is necessary to input buy rate per unit", or something like this. So, if you want to create sell offer, you probably have to also create buy offer (it's bug or feature??), so, if somebody wants to sell only, he has to create some "pointless" buy order so that no one is using it.
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elements

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How much Nxt do you pay for 1 ELEMS? :)

The first Exchange Request for ELEMS is live:   500nxt for 1 ELEMS

*This is close to the price of LTC before the big drop that happens the last 2-3 weeks. ELEMS and LTC have both the same amount of total coins: 84 millions.

Where can I see this exchange request ? I just see :

Offers to Exchange NXT for ELEMS
Height    Account    Units    Limit    Rate
330108   NXT-L32A-SP75-LNQZ-8V89Y   1   1   1
330118   NXT-3FAT-YTFM-7GAB-9HHS9   1   1   0.01

This whole system is new to everyone, maybe someone from the development team can enlighten us.

Tha last row is probably really 0.01NXT per 1 ELEMS, not 100NXT per ELEMS, as you suggested before. And I probably suspect, why -- if you want to create sell exchange offer, the system cry, that "is necessary to input buy rate per unit", or something like this. So, if you want to create sell offer, you probably have to also create buy offer (it's bug or feature??), so, if somebody wants to sell only, he has to create some "pointless" buy order so that no one is using it.

Yes you are right. I change my post and delete this part, because it didn't make sense! :)
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ELEMS - 1st Mintable Scrypt Coin - NO INITIAL SUPPLY - FAIR DISTIBUTION

Start minting here: https://nxtforum.org/index.php?topic=7400.0

Darkhorse

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If it says,

Mint worker started

does it mean, i am now minting?
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Wakasaki808

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If it says,

Mint worker started

does it mean, i am now minting?

yes as long as the cmd doesn't force close or give an error. It is minting.  :)
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Darkhorse

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great, after almost 2 hrs figuring out how. haha. i think i will post a guide on how to configure the mint worker in the board. might be useful for dummies like me.
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peggy2jj

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Well, I am minting right now.
Where can I see how much I mint so far?
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Wakasaki808

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Well, I am minting right now.
Where can I see how much I mint so far?

I think you can go to the "Monetary System" tab -> "Currencies" -> and top right should be a tab that says "My Currencies" which will show what you have got so far.

Also in the mint.bat there should be a notification with a lot of text that comes up when you mint something.

I really feel that it would be helpful to have a "Currency" tab on the Dashboard with the rest of the "Account Balance", "Assets", "Messages", and "Blocks" :P
« Last Edit: January 11, 2015, 05:13:11 am by Wakasaki808 »
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peggy2jj

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Well, I am minting right now.
Where can I see how much I mint so far?

I think you can go to the "Monetary System" tab -> "Currencies" -> and top right should be a tab that says "My Currencies" which will show what you have got so far.

Also in the mint.bat there should be a notification with a lot of text that comes up when you mint something.
OK
Thanks
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Darkhorse

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Yes, it shows many comments in the cmd when you minted. I just minted 1. and it also takes away 1 nxt from your account. So guys, in order to mint you do need nxt in your minting account. Please take note! So i am able to mint 1 every 50 minutes or so now.

P.s how do you calculate cost per minting in this way? we can roughly estimate what is the price per coin in a way right?
« Last Edit: January 11, 2015, 05:53:36 am by Darkhorse »
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