Bitcoin Forum

http://i68.tinypic.com/nbyng7.jpg

GravityBits - Ticker: GBIT

GravityBits is a new digital currency for generation x y z.  For now we are just launching GBIT and will be updating this thread with more information after launch.

GravityBits Specs:
SHA-256
PoW/hiPos
Total coin supply: 5,333,000

After block 300,000 14% Interest Yearly

Links:
Windows Wallet Download: https://mega.nz/#!JlhnUAjZ!cUr6bDru5zFwlrseEgEGfEzPtqZDHnJRrTCnc2X5WoA (https://mega.nz/#!JlhnUAjZ!cUr6bDru5zFwlrseEgEGfEzPtqZDHnJRrTCnc2X5WoA)
Alt Download: http://gravitybits.xyz/downloads/GravityBits-qt.zip (http://gravitybits.xyz/downloads/GravityBits-qt.zip)
Another Alt Download:  http://www.filedropper.com/gravitybits-qt (http://www.filedropper.com/gravitybits-qt)
GitHub Source:  https://github.com/GravityBits/GravityBits.git (https://github.com/GravityBits/GravityBits.git)


Website:  http://gravitybits.xyz/ (http://gravitybits.xyz/)

Virus Scans:
https://www.virustotal.com/en/url/71216ea7e98991af2c7f6226d581d2ba513e14cc585f8e8d0f6cf04bf112f755/analysis/ (https://www.virustotal.com/en/url/71216ea7e98991af2c7f6226d581d2ba513e14cc585f8e8d0f6cf04bf112f755/analysis/)
https://www.virustotal.com/en/url/43d2e378d5b61c059b9543e93605315a9db34757926418b6f95688483ef2fe1a/analysis/ (https://www.virustotal.com/en/url/43d2e378d5b61c059b9543e93605315a9db34757926418b6f95688483ef2fe1a/analysis/)

Block Explorer:
http://blockexplorer.gravitybits.xyz/ (http://blockexplorer.gravitybits.xyz/)

Pools:
POW is over.

Exchanges:
GravityBits [GBIT] is listed: https://yobit.net/en/trade/GBIT/BTC


Games:
GravityBits Dice: https://yobit.net/en/dice/GBIT




RPC Port:  49011

Nodes:
seed1.gravitybits.xyz
seed2.gravitybits.xyz

Code: ( Sample Config File - GravityBits.conf) listen=1 daemon=1 gen=0 rpcuser=USERNAME rpcpassword=STRONGPASSWORD rpcallowip=127.0.0.1 rpcconnect=127.0.0.1 rpcthreads=25 rpcport=49011 addnode=seed1.gravitybits.xyz addnode=seed2.gravitybits.xyz

To our supporters,

First off we wanted to say thank you, we had a great launch.  The first stage of GravityBits was a success. Proof of Work is now over and is currently in its HiPos stage.  This stage will last until block 300,000.  A complete block schedule is shown below.

Now moving forward…  Over the next few weeks, gravitybits.xyz will have its new face.  GravityBits is going to be an online auction site for everything cryptocurrency and more.  The site is going to consist of two main features.    Penny bidding and member auctions.

Penny bidding will be the first feature to launch for GravityBits.

For those who don’t know what penny bidding is, here’s a good example: http://www.beezid.com/

For now this is all the information we are releasing.  Sorry we are keeping this short, we just wanted to give everyone the direction we are heading with GravityBits.


Other notes:  

A new forum is being setup on forum.gravitybits.xyz

Bitcointalk will also be updated with all new information and will be monitored daily.

We will be working with a few exchanges to make it easy to purchase GravityBits to be used on the site.

Block schedule:  http://s11.postimg.org/qc07bq3w3/blocksechedule.png

Pool:

https://pool.mn/gbit

https://pool.mn/gbit down?

https://www.filepicker.io/api/file/wkQmhv2QRFiJrA8SO1uo


There is something rotten in Denmark....

In 30min mined 6.28% of total suply :-X
Pool not working ???

Pool was up on launch.  Just sent them a message.

Well my btc run out now and no idea how much coins I have.

Website offline now but was a good amount before I could not log in again.

wallet  /setgenerate true/  not working ?

No CPU mining from wallet.  You can create a conf file and point a miner at the wallet.

All good the pool is online  :)

Weird commit here:

https://github.com/GravityBits/GravityBits/commit/5c60d23797365fccd4f1ddae4bfb12c07ce2515a

What did happen that the netmhhashps call got wrong ?!

Thanks for the tweet btw, but i'm currently out of capacity, good luck though, other pools will surely pick it up.

We were doing some testing with another app.

Thanks for the quick reply though.

Waiting for more informations before jumping in!

Can you give more info about block rewards please? Thanks

First come, first serve:

    int64_t nSubsidy = 0 * COIN;
 
    if(pindexBest->nHeight <= 500)
    {
        nSubsidy = 1000 * COIN;
    }
        else if(pindexBest->nHeight <= 2500)
    {
        nSubsidy = 500 * COIN;
    }
     else if(pindexBest->nHeight <= 4500)
    {
        nSubsidy = 250 * COIN;
    }
     else if(pindexBest->nHeight <= 10000)
    {
        nSubsidy = 100 * COIN;
    }
     else if(pindexBest->nHeight <= 15000)
    {
        nSubsidy = 50 * COIN;
    }

Thanks Oc

7 guys mining and one with 100 th mining the shit out of this coin
its dead before it really begins

Blocks         Block Reward      Amount of Blocks       Rewards in range
1      500              1000                                     500       500,000.00
501      2500      500                                    2000       1,000,000.00
2501      4500      250                                    2000       500,000.00
4501      10000      100                                    5500       550,000.00
10001   15000      50                                    5000       250,000.00
                     
                     
hiPos Blocks         Block Reward      Amount of Blocks      Rewards in range
15001   16000      250                                1000       250,000.00
16001   20000      25                                4000       100,000.00
20001   25000      8                                5000       40,000.00
25001   25500      500                                  500       250,000.00
25501   35000      50                                 9500       475,000.00
35001   36000      25                                 1000       25,000.00
36001   50000      12                               14000       168,000.00
50001   75000      3                                25000       75,000.00
75001   100000      6                                25000       150,000.00
100001   200000      2                               100000       200,000.00
200001   300000      8                              100000       800,000.00
                     
After 14% yearly * Subject to change after first full year.                  Total GBIT    5,333,000.00

0 premine

Not 100% sure, but:




Dev ?

That's not a picture from our code.

Sorry, my mistake.  Its a process that we used with mxe.

rpc port? node? conf?

means its safe to install the wallet?

Here are the two scan reports for the files that we have on the op.

https://www.virustotal.com/en/url/71216ea7e98991af2c7f6226d581d2ba513e14cc585f8e8d0f6cf04bf112f755/analysis/

https://www.virustotal.com/en/url/43d2e378d5b61c059b9543e93605315a9db34757926418b6f95688483ef2fe1a/analysis/

listen=1
daemon=1
gen=0
rpcuser=USERNAME
rpcpassword=STRONGPASSWORD
rpcallowip=127.0.0.1
rpcconnect=127.0.0.1
rpcthreads=25
rpcport=49011
addnode=seed1.gravitybits.xyz
addnode=seed2.gravitybits.xyz

Added to www.Altpool.net

stratum+tcp://mine.altpool.net
Port: 20008, Diff: 8 Port: 20032, Diff: VarDiff Port: 20256, Diff: 256

please add to opp

Want to translate site to spanish, you give translation bounties?

Yes I scanned their repository (GravityBits-master.zip) and its clean --- https://www.virustotal.com/en/file/54b9889f04fa6fe7b6731d5f7d7075f7eaffab91cbdba36876e78bf46648c7fd/analysis/1453960314/

What everyone was panicking about Gspawn-win32-helper-console.exe is that, it is a type of EXE file associated with Third-Party Software developed by The Gimp Team for the Windows Operating System. (http://www.solvusoft.com/en/files/error-virus-removal/exe/windows/the-gimp-team/third-party-software/gspawn-win32-helper-console-exe/)

But the mega link for downloading windows wallet is not working. Please upload it on Google Drive or any other better uploader.

And what is the minimum weight needed to start staking this coin?

24 hours for stake.   Also i'm uploading the link now.   It will be ready in just a few minutes and ill post it on the op.

Thanks for the link.
Downloaded the wallet just now.

The wallet is also safe -- https://www.virustotal.com/en/file/e81ed1b949e126ea3278f823337943eb372f5ec285ea44fec567f2c5164d382b/analysis/1453967810/

Btw have you contacted any exchange site yet? What about YoBit.net (https://www.yobit.net)?

Will start mining soon after syncing my wallet :)

Great, glad you were able to get it.  To answer your question about exchanges, we have not contacted any yet.   We wanted to get the launch off the ground first and have the website and form updated.   In the coming days we will reach out.   

If someone is interested to buy some, i can sell 50k. Pm me your offers

Flashmined garbage. 14% APR is not HI-PoS by any means either.

Someone's not very observant.

Hope you release more info about your coin soon

WTF? this is the third coin in the last few days which have some suspicious shit in their code

I initially thought it was malware, but didn't find anything scanning with virus total / malware bytes.

IMO we can't thrust virustotal totally. I've seen cases when totalvirus doesn't showed anything and my antivirus alerted when the wallet was running for like 2-3 days.

Do you abandon your coin already? No news, bad feeling here!

Still waiting for info! Dev are you there? I got a bad feeling too...

Vote https://safecex.com/coin/add?q=GBIT

I think op left from here so soon :'(
I mined at least 10k coins and they are now lying on a non synchronized sack!

op should have at least left the community after connecting it to an exchange :-\


Voted! You should also contact YoBit. I have created a request there. More requests are better to get enlisted quickly :)

The dev resisted 3 days and 11 messages. Tooo much trolls around here :D

Still, it would be nice to hear from him..

I guess we will hear from him, with a new account and new coin :D

I spoke to the dev lastnight via pm.

Only 600 blocks remains to the next halving..

I like the first one, but for now, looks like "dev gone-coin dead" :D

halved again, 50 coin blocks now

that or hes staying silent to mine cheap

I do not say it is the case but please give the dev a break, it is weekend.

Many investors demand devs being online 24/7, 7 days a week.

They also have a life!!!

NO, the problem isn't that he is not online 24/7 but he haven't even logged in for a few days now

I want to insure everyone that we are around.    We have been working on all the new content and will have some posts later today.

looks that

waiting exchange  :D

staking just great

No offence, but it sounds like you have some major anxiety/trust issues.

Looking to buy coins before hpos, pm me price

In who the f*ck can you trust over here mate ?:D

Hash is rising steady.
We need an exchange, dev have you contacted any?

We will have updates on the project tonight.

waiting update info dev
everyone waiting exchange  ;)

Which night? Too long to release something!

How long do these coins take to mature? had in wallet almost 24h and still not mature  :-[

I think it's 1 day

What does hiPOS exactly mean? I've seen a few hiPos coins in the last few months but i've never really understood it

hiPOS is High Interest Proof of Stake. Essentially; a POS system that is a fixed reward rather than a percentage yield; which is awarded out based on luck/coin age/coin weight.

So hiPOS will pay X coins from blocks A to B Block Number.

With this coin; it is hiPOS until block 300,000, then it moves to POS, which is 14% APY.

RE: Roberto; yes; 1 Day is the maturity for this coin according to main.cpp in the git pull.

Cheers,

Strato

Great Staking coin. So far solid. I just keep mining at bitgen.net

So basically it's just a normal pos with high reward, nothing special

static const int LAST_POW_BLOCK = 15000;
{"code":-1,"message":"No more PoW blocks"}

PoW is now over, those still mining should point their rigs/rentals elsewhere.

Pretty much; someone correct me if I'm wrong of course. Its essentially a coined term (theres little documentation on hiPOS; it's an acronym dev's use and nothing more).

I view hiPOS as an extension of POW. Where hiPOS blocks equal the output in terms of coin count as POW blocks - in a short period of time. So a hiPOS coin would say have a total 10M coins; 5M of which are POW over a timespan of 60 Days; and the other 5M are hiPOS minted as POS over an additional 60 Days.

Viewed from an APY standpoint; that's in the 10s of 1000s of percent APY. Add in a short maturity time; say 24 or 48 hours, and the compounding effects of hiPOS reward blocks earning hiPOS reward blocks... you get the picture.

It's not necessarily a bad thing. I don't think I've seen a hiPOS coin that uses hiPOS perpetually. It is usually used to supplement POW, and once hiPOS ends, a standard POS structure is implemented based on a more reasonable (subjective) reward rate. In this case it's 14%, but some hiPOS coins go the route of a more sustainable POS rate like 2% or 3% APY.


Strato

What are the plans for this coin?

HiPOS is just another reward structure variant used to promote holding/staking/trading of a coin.
Using coin control properly, you can increase your holdings considerably vs the standard APR some POS coins use. HiPOS is great for incentivizing people to hold as developers release more info on their projects, while also allowing people with smaller holdings to benefit greatly by simply finding a few blocks at the right time.

This type of reward structure was made popular by coins such as Positron and BitBean in early 2015.

To our supporters,

First off we wanted to say thank you, we had a great launch.  The first stage of GravityBits was a success. Proof of Work is now over and is currently in its HiPos stage.  This stage will last until block 300,000.  A complete block schedule is shown below.

Now moving forward…  Over the next few weeks, gravitybits.xyz will have its new face.  GravityBits is going to be an online auction site for everything cryptocurrency and more.  The site is going to consist of two main features.    Penny bidding and member auctions.

Penny bidding will be the first feature to launch for GravityBits.

For those who don’t know what penny bidding is, here’s a good example: http://www.beezid.com/

For now this is all the information we are releasing.  Sorry we are keeping this short, we just wanted to give everyone the direction we are heading with GravityBits.


Other notes:  

A new forum is being setup on forum.gravitybits.xyz (http://forum.gravitybits.xyz)

Bitcointalk will also be updated with all new information and will be monitored daily.

We will be working with a few exchanges to make it easy to purchase GravityBits to be used on the site.

Block schedule:  http://s11.postimg.org/qc07bq3w3/blocksechedule.png

Stake systems as they are normally characterized by their developers:

POS - Coin age is used in the calculation for both stake weight AND the staking reward. Staking reward is set by the coin's APR. The effect is a stable, consistent interest for all staking wallets, regardless of input size or reasonable downtime.

First coin: NXT Peercoin.

HiPOS - Coin age is used in the calculation for stake weight, but not staking reward. Staking reward is fixed per a schedule. Results in stable, consistent interest for staking wallets as long as down time is minimal and inputs are small. Large input size is harshly punished by HiPOS.

First coin: BitBeans.

DPOS - Coin age is irrelevant. All coins that are mature will add the same staking weight (usually 1 in the wallet hover display). Results in stable, consistent interest only for active wallets and only with small inputs. Downtime and large inputs will significantly impact your interest with DPOS. On the plus side, no age means that moving coins is less costly because lost coin age is not detrimental.

First coin: I don't remember, something crappy.

Your guess is as good as ours... We'll see. No signs of anything bad yet considering the dev(s) haven't even gotten in contact with any exchanges yet. Though that could change by the time this is posted :P

EDIT: They just released their plans. Anyone want to purchase some coins?? This just turned into some infomercial shit... If not, I'll burn them to avoid someone getting royally fucked.

Going once...

Going twice...

How many do you have, and how much?

I just got a pm from the dev and they said they contacted yobit and it should be listed within a day or two.  :)

PM me an offer

You expect someone to buy your coins after implying they'll be royally fucked in the process?  
You must be retarded.  ::)

He just doesn't believe in the project.  No biggie.  I think its a great idea.  Those types of sites generate a lot of revenue.  And isn't that what cryptos need, income. 

I implied that and then he asked how much. So who exactly is the retarded one in this scenario? lol

Assuming he did not solo - he found 4700 for the MN pool. Add a few stakes to that if he staked and he should have around 4700-6000.

Anyone who's invested should throw some retweets this way.

Let's get GravityBits listed on an exchange.

https://mobile.twitter.com/Antiiclimax/status/695525329180368896

https://mobile.twitter.com/AltCryptoFollow/status/694903605548179456

coin is working for me

CBlock::SetBestChainInner          Good      blackcoin arch       
ComputeMinWork                     Good      arch                 
SendMessages                       Good      shrmcoin             
CTransaction::FetchInputs          Good      shrmcoin             
CTransaction::CheckTransaction     Good      blackcoin arch       
CWalletTx::AcceptWalletTransaction Good      blackcoin arch       
GetNextTargetRequired              Good      shrmcoin             
CTransaction::ConnectInputs        Good      arch                 
GetTransaction                     Good      shrmcoin             
ComputeMinStake                    Good      arch                 
CBlock::AcceptBlock                Most similar shrmcoin, diff=3, codehash=bbf48bacdea061095019;   Manually inspected, Good
ProcessMessage                     Good      shrmcoin             
CBlock::CheckBlock                 Good      shrmcoin             
CTxOut CTransaction::GetOutputFor  Good      blackcoin arch       
CTransaction::DisconnectInputs     Good      blackcoin arch       
ProcessBlock                       Good      shrmcoin             
CMerkleTx::GetBlocksToMaturity     Most similar blackcoin, diff=3, codehash=5c77fb68fcd0580d7737;   Manually inspected, Good
CBlockIndex::IsSuperMajority       Good      dash blackcoin arch 
CBlock::SignBlock                  Good      shrmcoin             
CMerkleTx::AcceptToMemoryPool      Good      shrmcoin             
CheckProofOfWork                   Good      arch                 
CBlockIndex::GetBlockTrust         Good      blackcoin arch       
CBlock::CheckBlockSignature        Good      arch                 
CTransaction::GetValueIn           Good      blackcoin arch       
ProcessMessages                    Good      shrmcoin             
CBlock::ConnectBlock               Good      shrmcoin             
Not found funcs ['AcceptToMemoryPool', 'GetProofOfStakeLimit']
GetProofOfWorkReward Manually checked Good
GetProofOfStakeReward Manually checked Good

---

What is this? And how to read this info?
As you know, most of the coins have very similar code bases. But any little bug could potentialy damage the whole blockchain. To avoid this, people started to check the code both manually and automatically.  As I know ocminer automatically checks code for already known bugs, so his checks couldn't find new bugs. Earlz checks code manually, but he also could miss something, because codebase is very huge. I chose different way. I wrote the script which compare code in one coin with code in other already inspected coins. So if you see something like "Good blackcoin arch " it means that i already inspected this code before in blackcoin's and arch's source, and I think that it's safe. When my script finds new code it asks me to check it manually and tells me which codebases is most similar, so 'CBlock::ConnectBlock                Most similar blackcoin, diff=5, codehash=1a0a6fb0d9bc6aefff4e'  means that most similar code of CBlock::ConnectBlock have seen in blackcoin and there is 5 places where something was changed.
Currently i check only most important functions in main.cpp.

Nice code review.

Great stuff.
Appreciate the code review.

When you see a playground for bidding? To start POS need to know the price of the coin

Last time I saw this it was to get on BITTREX, is that the deal here?

Any news GravityBits?

500 coin blocks now in play.  8)

Just been working on the site.   We are looking to have the beta open by the end of the month.

still mining ,watching and waiting,,  hope the coin gets listed..

GravityBits [GBIT] is listed: https://yobit.net/en/trade/GBIT/BTC
GravityBits Dice: https://yobit.net/en/dice/GBIT

https://yobit.net/imginfo/GBIT (https://yobit.net/en/trade/GBIT/BTC)


Donate GBIT coins to our Giveaway: https://yobit.net/en/freecoins/

Please report about GBIT update/fork/issue here: https://yobit.net/en/reportupdate/GBIT

Great to see we are listed.  Thanks YoBit.

We will be doing a twitter giveaway later today.  Keep your eye out for it.

Hmm .... Something I like this coin! I really still do not understand what it was, but definitely like

where my coin? i'm wd on pool not received
ID:103028
Date:2016-02-11 05:52:03
Amount:3,392.61757029
payment address GQgcqUcHNZiTWVrV8yDD2Dt5T1D94sHPBp
please reply https://pool.mn/gbit

We will have some previews up this week on the new site.

I think there is some error in staking.

I was staking some coins and my weighted shares was enough to fetch me a stake block within 4 hours.
But recently I noticed that the ETA went beyond 10 hours! :o

Can you explain this?

I think someone is staking large number of coins in a single wallet to increase the staking difficulty!
Not a good sign for stability :-\

For me staking works good..

GravityBits do you think do something to bring more attention from current and new community members ?

This is normal.
It just means that people don't have their wallets staking 24/7, when they turn them on the network weight increases significantly.

Everything theme has faded?

what does this even mean?

Staking well,

Enabled" : true,
"Staking" : true,
"Errors" : "",
"Current Block Size" : 1000,
"Current Block Tx" : 0,
"Pooled Tx" : 1,
"Difficulty" : 0.00400676,
"Search Interval" : 1,
"Weight" : 183009,
"Net Stake Weight" : 300415,
"Expected Time" : 217
}

give us some news dev  ::)

Dev, are you alive yet?

Dev is gone

Like totally?  ???

http://4.bp.blogspot.com/-7keqw0X4HrE/UbJQ7f6B9TI/AAAAAAAAAF0/jxmVu5QKejE/s1600/uh-oh-baby-face.jpg

Oh, what a nuisance  ;D

I don't understand why this happens all the time... The devs are just dying  :o
Probably Satoshi is killing them one by one to eliminate competition  ;D

no! no ! no! I think it's very shallow shallow greed kills very petty Dev! ;D

is there a faucet for the current site ?

The taps are dry for this one. Move on to greener pastures.

So dev is a gonner? Why?  :o

out of sync :(

no active network connection,
any good nodes that will connect to the wallet network?


thank you


--okane--

Use this:

"addr" : "75.130.163.51:49011",
"services" : "00000001",
"lastsend" : 1461536578,
"lastrecv" : 1461536578,
"conntime" : 1461536497,
"version" : 60015,
"subver" : "/GravityBits:1.1.0/",
"inbound" : false,
"startingheight" : 82547,
"banscore" : 0
},
{
"addr" : "78.0.56.59:49011",
"services" : "00000001",
"lastsend" : 1461536578,
"lastrecv" : 1461536578,
"conntime" : 1461536498,
"version" : 60015,
"subver" : "/GravityBits:1.1.0/",
"inbound" : false,
"startingheight" : 82547,
"banscore" : 0

these Nodes are working

My .conf file, I have 1~3 connections.