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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 52461 times)

elements

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Cleaner announcement post added.
« Last Edit: January 11, 2015, 09:19:24 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

elements

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Anyone with trouble to find the coin when searching the term: ELEMS on "Currencies" tab?
« Last Edit: January 11, 2015, 09:20:26 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

Patrik90

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Anyone with trouble to find the coin when searching the term: ELEMS on "Currencies" tab?
yes..cant find it
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Wakasaki808

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Anyone with trouble to find the coin when searching the term: ELEMS on "Currencies" tab?
yes..cant find it

same...its weird. Didn't have a problem earlier finding it.
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elements

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Anyone with trouble to find the coin when searching the term: ELEMS on "Currencies" tab?
yes..cant find it

same...its weird. Didn't have a problem earlier finding it.

The same for me. The minting procedure continues intact.  If you have already mint something you can find the coin in "My currencies". Also the coin appears in the "Exchange Booth". Please can anyone from the development team inform us if this is a bug? Any other coins that have the same problem?
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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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Anyone with trouble to find the coin when searching the term: ELEMS on "Currencies" tab?
yes..cant find it

same...its weird. Didn't have a problem earlier finding it.

The same for me. The minting procedure continues intact.  If you have already mint something you can find the coin in "My currencies". Also the coin appears in the "Exchange Booth". Please can anyone from the development team inform us if this is a bug? Any other coins that have the same problem?

Yeah can find it in "My Currencies" just not when searching All currencies. Im guessing its a bug. The system is still new so bugs are likely to show up.
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elements

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Promotional Offer update added!

Quote
Promotional Update: In order to start minting a coin you need to have nxt in your wallet account. The Elements team will help new users to be part of our community by sending a small amount of nxt to any new user that wants to start minting. Please post here your account number and your public key.
« Last Edit: January 11, 2015, 10:19:18 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

lopalcar

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One doubt... should I set nxt.mint.isSubmitted=false o =true?
In nxt wiki they say: Never set the isSubmitted flag to true unless you are absolutely sure what's you are doing. You may end up paying a lot of fees and spamming the blockchain.
But if it is set as false my understanding tells me that although I found a solution it isn't submitted, so I will be solving solutions for nothing...

PD: I already minted 1 elem with it set to true and received one message when it was as false telling me that a solution was found but wasn't submitted :S
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Wakasaki808

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One doubt... should I set nxt.mint.isSubmitted=false o =true?
In nxt wiki they say: Never set the isSubmitted flag to true unless you are absolutely sure what's you are doing. You may end up paying a lot of fees and spamming the blockchain.
But if it is set as false my understanding tells me that although I found a solution it isn't submitted, so I will be solving solutions for nothing...

PD: I already minted 1 elem with it set to true and received one message when it was as false telling me that a solution was found but wasn't submitted :S

I believe set it to true if you want to actually keep what you mint. OR false if you want to test out the rate that you mint before you actually mint. Or something like that.  :)
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elements

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One doubt... should I set nxt.mint.isSubmitted=false o =true?
In nxt wiki they say: Never set the isSubmitted flag to true unless you are absolutely sure what's you are doing. You may end up paying a lot of fees and spamming the blockchain.
But if it is set as false my understanding tells me that although I found a solution it isn't submitted, so I will be solving solutions for nothing...

PD: I already minted 1 elem with it set to true and received one message when it was as false telling me that a solution was found but wasn't submitted :S

I believe set it to true if you want to actually keep what you mint. OR false if you want to test out the rate that you mint before you actually mint. Or something like that.  :)

Wakasaki808 is right. You can also play with this value: nxt.mint.unitsPerMint=1 , if you have a slower cpu smaller values  than 1 is better, but first test it with isSubmitted flag set to false. With nxt.mint.unitsPerMint=1 you will receive 1ELEMS and pay 1nxt fee. The price of ELEMS is community driven so nobody wants to sell below 1 nxt. Chances are that nobody also want to sell 0.1ELEMS for 1 nxt so if you have a slower cpu you can have nxt.mint.unitsPerMint=0.5 for example. At the moment the lowest ratio for ELEMS/NXT exchange was 99Nxt per 1ELEMS.
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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

lopalcar

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One doubt... should I set nxt.mint.isSubmitted=false o =true?
In nxt wiki they say: Never set the isSubmitted flag to true unless you are absolutely sure what's you are doing. You may end up paying a lot of fees and spamming the blockchain.
But if it is set as false my understanding tells me that although I found a solution it isn't submitted, so I will be solving solutions for nothing...

PD: I already minted 1 elem with it set to true and received one message when it was as false telling me that a solution was found but wasn't submitted :S

I believe set it to true if you want to actually keep what you mint. OR false if you want to test out the rate that you mint before you actually mint. Or something like that.  :)

Makes sense, thanks  ;)
So I suppose that I will never find a "false positive" right? I mean, like could happen in bitcoin that two miners find a block in the same time and one is rejected (because here we haven't got own blocks...)
I would like a more complete explanation in "not code" version to understand how the mining here works.... in nxt wiki says that no more than one transaction/account each block, so... can I have a queue of many minted coins waiting to be confirmed? If this is true, a very powerful miner can mine a lot of currencys in the begining with low difficulty and then subbmit the results once he have accumulated many coins "unconfirmed" with low difficulty
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Riker

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As a workaround to find ELEMS until we fix the search facility in the currency table, you can open the exchange booth with any other currency, for example with the one at the top of the currencies list.
Then in the Exchange Booth search box, type ELEMS
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Klokan

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Promotional Offer update added!

Quote
Promotional Update: In order to start minting a coin you need to have nxt in your wallet account. The Elements team will help new users to be part of our community by sending a small amount of nxt to any new user that wants to start minting. Please post here your account number and your public key.

NXT-KDCJ-37D2-YBEK-7N55C; public key : 14d16a50c1ee8a51d0e0be635668d0bdf10d959761e057c7406a74a7f3902366. Thank you ;-)
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elements

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As a workaround to find ELEMS until we fix the search facility in the currency table, you can open the exchange booth with any other currency, for example with the one at the top of the currencies list.
Then in the Exchange Booth search box, type ELEMS

Thank you lyaffe for your update. Much appreciated!
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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

KrusherPT

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Can anyone help me here, I minted 2 units and tried to sell them for 5 each (today 1:32 GMT), it appears in my account as Exchange Requests but when I try to find it using another account my offer doesnt exist...
What im doing wrong?
If this isnt the right place to ask sorry  ;D
« Last Edit: January 11, 2015, 10:59:36 am by KrusherPT »
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elements

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Promotional Offer update added!

Quote
Promotional Update: In order to start minting a coin you need to have nxt in your wallet account. The Elements team will help new users to be part of our community by sending a small amount of nxt to any new user that wants to start minting. Please post here your account number and your public key.

NXT-KDCJ-37D2-YBEK-7N55C; public key : 14d16a50c1ee8a51d0e0be635668d0bdf10d959761e057c7406a74a7f3902366. Thank you ;-)

Klokan you are not so new to nxt. Your account has already 28.8 nxt. :)
I just sent you another 7nxt in order to start mint your first ELEMS :)
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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

elements

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Can anyone help me here, I minted 2 units and tried to sell them for 5 each (yesterday 1:32 GMT), it appears in my account as Exchange Requests but when I try to find it using another account my offer doesnt exist...
What im doing wrong, if this isnt the right place to ask sorry  ;D?

I think there is a difference when you use "exchange booth" directly or when you try to exchange your currencies using "offer".

lyaffe if you have time can you please explain us, it is a little confusing?
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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

KrusherPT

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Can anyone help me here, I minted 2 units and tried to sell them for 5 each (yesterday 1:32 GMT), it appears in my account as Exchange Requests but when I try to find it using another account my offer doesnt exist...
What im doing wrong, if this isnt the right place to ask sorry  ;D?

I think there is a difference when you use "exchange booth" directly or when you try to exchange your currencies using "offer".

lyaffe if you have time can you please explain us, it is a little confusing?
I'm new to NXT but I get it, I know what I have to do now :) thanks for the tip (offer button)
But if someone can fully explain will be awesome.
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crimi

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Wow compare to EGOLD this is really hard mining work.  :D
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Wakasaki808

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Wow compare to EGOLD this is really hard mining work.  :D

yeah finding a mint is waaaaayyy harder for ELEMS lol  :D
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