The longer you hold onto Mintcoins, the more you will be rewarded.
Coins are generated at variable interest rates, starting at twenty percent first year!
About Mintcoin
MintCoin is an innovative, secure and energy efficient pure PoS coin. After an initial phase of 5 weeks as a PoW/PoS hybrid, the coin has been transfered to a pure PoS coin, where the generation of new coins and the maintenance of the network are done through minting instead of mining.
MintCoin also adopt a variable PoS rate, which gives the highest payout at 20% the first year, then decrease 5% per year until the 4th year it reaches annual interest rate of 5%, then it will remain at this rate.
MintCoin will have a total of 70 billion coins.
PoS will start after at least 20 days of holding of the coins in the wallet. With PoS, the coin is more resilient to 51% attack. Most coins will be generated through PoS, thus it is a coin that will save a lot of energy compared to other coins.
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A word from the Mintcoin team:
As an investor I've always seen potential in MINT, the PoS and the great name make a promising duo. Now I'm glad to be part of the MintCoin community team. Working on a new web design was a pleasure to do, now I'll be keeping an eye on as many other aspects as possible. Marketing and ensuring a smooth transition to full PoS are two priorities. I look forward to helping this coin grow to it's full potential.
Alty
Project Manager and Website Design
I am working tirelessly behind the scenes to ensure that Mintcoin has a bright future. There is allot of work involved when creating a new coin, fixing bugs, keeping everything up to date etc... It's good to have some extra hands on deck to help out and I will continue to do everything I can for MINT and the new team.
MintCoin
Founder and Core Developer
I'm a professional developer with over 20 years of experience in development, commercial product development, and executive management roles. I hold a patent and I'm a published author in the software space. I've also been active in the development of alt-coins and various crypto currency related services. Now I am acting as a Mintcoin consultant to look specifically at the protocol. I will act as a second pair of eyes and be on standby to lend advice to the existing dev team.
StayCrypto
Protocol Consultant
I work in banking and I am doing too many things to list. What matters is that I know what drives people. When I established the team on February 16, I knew I would make it something good, by my! not that good! I even mentioned it during my viva for memoir. The mintcoin team is a testimonial to how far a bunch of motivated people can go. And mintcoin itself is the evidence that people want something fair. Fair to the planet, fair for the long term and fair for a very wide audience.
David Latapie
Team Founder and Task Manager
My role is to support and listen to the Mintcoin community and relay that information to the dev team and the various other posts. I'm happy to be doing my bit for MINT and will be helping to recruit more people interested in working with us.
Shibeon Barkmont
Community Manager
As community manager and french translator, I am happy to share my passion for Mintcoin to everybody. I think we all need to care about energy saving in our daily life, so we have to do it in crypto world too. That why I give a lot of my time to share informations with the community. In the near future, I will be most of time on mintcointalk aand on our dedicated IRC chan #mintcoin on freenode network
Delaforetnoire
Communuity Supervisor / FR translator
My job is to help improve search engine hits and to build organic traffic for all mintcoin related sites. Other aspects are introducing cloudfare as a way save a lot of bandwidth and increase page load times etc.
MintCoinFX
SEO and Website Optimization
How it works
Mintcoins
As a miner, you will be extremely rewarded to be an early adopter of MintCoin. As an investor, you will be glad to know that holding your coins in the long term will result in tremendous rewards as well.
MintCoin is also designed to be widely spread amongst population all over the World, and so is available in a large quantity.
PoS will start after at least 20 days of holding of the coins in the wallet. With PoS, the coin is more resilient to 51% attack.
Contact Us
FAQ?
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What is PoS?
PoS: Proof of Stake.
http://en.wikipedia.org/wiki/Proof-of-stake
what is the line Stake in wallet?
It is for the PoS blocks. Once a PoS block generated, some of your coins plus the generated interests will be moved to “stake”, it is like “immature” for PoW. It will take 50 confirmations to mature, after mature the coins plus interests will be added back to your balance.
what does that mean in the wallet : Minting suspended due to locked wallet?
This says you can not do mining due to wallet encrypted.
you need to unlock the wallet in order to mine (for example for PoS blocks):
mintcoin-qt -server
mintcoind walletpassphrase <unlock_duration_in_seconds> true
you need to unlock the wallet in order to mine (for example for PoS blocks):
mintcoin-qt -server
mintcoind walletpassphrase <unlock_duration_in_seconds> true
Do I have to let my wallet open to get PoS coins?
PoS will be generated after at least 20 days holding of the coins in your wallet. You don’t need to keep the wallet open all the time. The coin-days accumulated in your wallet will not be lost. The next time when you open the wallet client, the internal miner will start automatically and if the coin holding period meet certain requirements the pos blocks will be generated based on the coin-days in your wallet.
How often do I have to open the wallet in order to get PoS coins?
See above. You don’t need to open wallet all the time, your coin-days accumulated in the wallet will not be lost.
This post is also available in: Chinese (Traditional), French