There are three chains...

One with diff 16K (0.244) @ block height 72031...
Plus one at height 72538...
Plus one at height 72129...

Something should be set, in code, to accept POS over POW, in the event where both are found at the same time. (If branched, the branch without the POS should immediately die, as it should be seen as invalid. Same when looking for block-heights. Since POS take almost no time to create, once the system decides it is time to create one. Killing the non-POS branch, which would interfere with the security that POS is intended to add. EG, building a chain on the non-POS branch would eventually lead to a separate POS there, causing another split... However, if the only chains accepted are the ones with the earliest POS, then we are all building off the same chain. Reducing the splitting, unless there truly is a network separation.)

Also note... this would require a constant "roaming" free IP slot. (Or multiple ones), so the wallets/coind can constantly "explore" for networks. Once they find x-connections, they stay there, as long as those connections are not lost. That should not be. Connections should be randomly closed, and replaced by ones that have not been tried yet. (Or ones that have not been tried in a while.)

I suggest closing one connection per x-blocks found, unless a replacement connection has not been found after having closed on a block previously found.

Mini fork detected... +3 blocks over, compared to coinchoose.

Coinchoose: 70309
Me 7-connections: 70312

Hit an ugly spot where I got 19 rejects... (Not all in a row, but I assume it was from coin-hoppers, which is all good.)

Last block I got was at 8:11 PM (GMT -5) {20:11}. Due for one now, but I suspect it will orphan, which is odd, since I am on the taller chain. Unless a client on the chain is simply rejecting all our blocks, trying to out-build us.


EDIT: NVM, coinchoose caught-up... one block behind, so that might just be a delay now. Fork-attempt failure. lol. I love how resilient this coin is.

Time to give my machines a break for the month anyways... Let them settle-down and cool-off for a bit.

That is an opinion...

Fact is... any number which is not sequential and read from a list, is random. Might not be "as random as you would like", but it is still random. Even pseudo-random selection is non-sequential and not read from a list. (Unless you start at the beginning, start at the same seed/list or the seed is the same seed/list as another seed. Which is the repeat of a list.)

But I digress...

The problem is that these devices and programs, made by programmers with little knowledge, failed to understand the devices they were working with. That is what happens when you just copy-n-paste code and don't actually KNOW what it is doing.

One year... This has been known about android since the first program "solitaire" which used random numbers to shuffle, released before the phone was even physically made, in the emulator.

Oh, and the comment about "Glad I have an i-phone"... LOL... Might want to look at all the exploits your phone has, before you open your mouth. You are worse-off than the android phone, because you are naive and oblivious to the reality of the flaws of the device in your hands. Yay, you don't have THIS FLAW... You have your own, and no-one is fixing shit for you, unless you pay them for the app to secure the flaws.

Also note... some of us use a custom config file... (not named with the same name as a standard config. Set in the shortcut or bat file launchers we made.)

Forks are common in all coins. There is nothing you can do to fix that, unless you remove the whole nature of block-creation being on a single decentralized network. That happens by poor design from the original code. Adapting to the forks is all you can actually offer as a "fix". (Disconnecting and attempting to reconnect on a correct one. But that is a luck-shot, unless you have a centralized component to track the "one chain".)

Looking at all the other coins, this coin has "fixed" the issues faster than most, and had the least issues. Changing the diff will not matter. Finding blocks is still a lotto. When the diff rises, there are less forks, simply because there is more time between lotto-winnings among multiple computers. (The blocks have more time to propagate, and there is less chance to get two fast 300K high-diff blocks than there is to get two fast 100K blocks. It will still happen, even if the diff is 100M... Because every new block is a new lotto-drawing. Anyone can win twice in a row at any diff. That, and networks are not persistent, as much as we like to think they are. Whole trunks sever for minutes each day. That is where a centralized component helps. The net re-routs faster than all these private connections, which are a lower priority.)

Can't wait for the 1.4.1 update.

P.S. You could possibly reduce forks if you reject submissions sent less than 30-seconds of the last found block. Not accepting them as valid if any chain holds one without that 30-second gap. Resubmitting should be acceptable, or simply holding the solution until 30-seconds past the last found block, before accepting it, to build off of. Our miners will just keep looking for a better solution, while it attempts to resubmit the previously found one, until it is accepted or rejected.

Blocks are moving again... transactions that seemed "stuck", will now be moving and paying-out...

Mine like hell to get them to move faster. If you don't mine, you are part of the reason your transactions are not moving. Confirms come from mined blocks above your mined block, and above your transactions. Mine, Mine, Mine... Confirmed.

Don't settle for less coins at the exchanges, raise your asking prices. The less you accept, the less miners there are to confirm your trades. Want to push-up the miner rate... buy a few coins for a crazy high price. List them high, and buy them from yourself. Trust me, it works. How do you think the other guys are able to manipulate where the miners go and do pumps.

The less you mine, the more I make. But you have to wait for me to find enough blocks above yours, before you get yours confirmed. If you are not willing to mine, then don't complain about waiting forever for a confirmation.

Also note, I am the one who found the last two blocks... though I found 2, I got only 1... Both were accepted, there is no-one else to be orphaning... something ate one of my blocks. It even updated the network with my block, but it never made it into my wallet. Only the block after the first block I found. (Unless it doesn't give us credit for the block just found, until the next block is found. Which makes sense, sort-of...)

Nice to know I am not the only one mining now. I don't mind earning all the coins for myself... but I am effectively 99% of the network at the moment, by the stats. lol... screw 51% attack, I'm gonna 99% attack! JK

BTW, do you have the new client? I have not seen that since the old client.

You have a bad node on your list...

Use this config info...

(You may have to delete the block info and peer info files. Everything except the wallet.dat and your config file.)

splash=0
server=1
gen=0
testnet=0
daemon=1
maxconnections=10
listen=1

addnode=106.187.94.209
addnode=70.79.24.157
addnode=109.80.94.251
addnode=95.110.156.138

addnode=99.132.231.140
addnode=72.11.149.185
addnode=207.12.89.2
addnode=46.39.246.24
addnode=54.244.198.104
addnode=72.78.100.3
addnode=71.59.225.19

Just be aware that there only seems to be 4 connections alive, including my own connection, at the moment. The top four are all I can connect to. The rest fail to connect.

I assume I am on the correct chain... no orphans...

Diff-level: 73K in the miner (1.11 scrypt)
Block-height: 66528 @ 6:39 AM (GMT -5) : 11:39 AM (GMT)
Same as: Coinchoose.com

Connections: (from my config list.)
70.98.114.229 (version 60008) {This is the only one that ever talks, from the list}

Connections: (not in list. trust at own risk...)
50.2.8.67 (version 60008)
78.31.105.38 (version 60006) *** v 60006?
106.187.100.78 (version 60008)
54.252.196.5 (version 60008)
67.167.228.42 (version 60008)
115.76.32.246 (version 60008)
92.5.104.42 (version 60008)

My config settings... (Had to remove two of the IP's previously set as trusted, for them feeding bad data.)

splash=0
server=1
gen=0
testnet=0
daemon=1
maxconnections=10
listen=1

addnode=186.95.162.209
addnode=70.98.114.229
addnode=188.165.211.65
addnode=199.192.205.46
addnode=176.34.210.88
addnode=70.69.238.84
addnode=70.98.114.237

Also, since the question seems to be skirted by everyone...

Do I have to "stop mining POW" to "start minting POS"... (Eg, stop using cgminer.)

I realize that you don't have to "mine POS", it just happens when your wallet is open... However, it seems like I may not be getting any POS minted, because my wallet is POW mining.

(Is that why there is no mining ability in the wallet, because the CPU is used to MINT POS, or is someone-else doing the MINTing for us? Something is creating the block with our unlocked credentials.)

If it is CPU mining creating the POS, then I will open another wallet with these credentials, or 100, just for that.

The wallet has to be unlocked to collect minted POS rewards or mine POW... It does not have to be unlocked or open for your coins to "age" which "makes them available for POS"... Though, being available and actually being selected for use, are not the same thing. A coin can "be available" for eternity, and never actually be used for a POS block. Has been almost a month with blocks/coins ready for POS, and over 1000 blocks found by me, and no POS or POS reward. (Thus, a lotto.)

Apparently POS is like having a shop with 1000's of items.. Just because you have a bunch of items for sale, only one will sell a day/week/month...

Not sure why they mention "reserving coins from stake", makes it sound like all coins that "are ready", will be used. That is far from the truth. I have thousands "ready for stake", and 0 actually staked coins, and 0 POS blocks. That is why I thought it was broken. It was made to sound like every coins that was available was going to instantly turn into staked coins. Now I realize it is like a lotto selection for those, and also for rewards of those lotto-selected coins.

Seems like 1:1,000,000 of your (10 coin blocks) will turn into POS, than, of that lotto-selection... if you hit the lotto again, you will get 5% on your next 1:1,000,000 selected POS block. (2 blocks of 10 will result in 0.01 coins created... 20 staked.)

Is your wallet is unlocked... and was it unlocked BEFORE you started your miners?

If you begin mining to a locked wallet, and then later unlock it... your miners are still mining on the locked wallet address, when they made that first connection.

Correct way to setup mining on a locked wallet...
1: Shut down your miners... all of them.
2: Load your wallet
3: Unlock your wallet
4: Then... start your miners

If you did this... you did it wrong...
1: Start miners
2: Load wallet (starts locked)
3: {miners begin mining on locked wallet}
4: Unlock wallet {Miners still mining on locked wallet ID's, miners don't know you NOW unlocked it.}

The issue I have, related to numbers/value... is...

You keep displaying a "similar system", saying there are changes to THAT system, but you keep showing us the "similar system" information.

There is no charts, or even block-info segregation, indicating the POS blocks, which should be listed separate from the POW blocks. Additionally, the "total coins", is a total of minted and POS-rewards and destroyed coins, with no separation, or possibility to even estimate. (Even if we knew most of the above information.)

The "transaction fees", which are not a requirement... are being said to "balance" the POS rewards... Which is just untrue. There is no code, or data to back-up that statement. The only statement which was made clear, was that POS reward is not actually rewarding, as it was not intended to be a form of "income" or "actual gain".

However... if the only POS reward that was generated, came from a "fixed transfer fee", that WOULD be a "balance". EG, 1000 coins destroyed = 1000 coins rewarded to POS

Since POS is essentially useless as income, there is no incentive to "save coins for POS". Thus, useless bloat to the system at the moment. No security is offered by making these coins unavailable to everyone, including an attacker, who has no interest in them in the first place. They only care about the "rewarding blocks"... For it to be security, POW should be nearly zero, and POS should be high.

Since fees simply get destroyed, there is no reason in hell that anyone would/should ever pay fees. That offers no security, or incentive to pay. Normally incentive is to get a faster transaction. However, if the pools, or solo-miners do NOT get that reward, why would that transaction ever be faster? We are not earning anything by doing that transaction over any other transaction, which still ends-up being processed anyways... Thus, fees are actually just more bloat, since they don't do anything.

That could easily be changed, even now... (at a system-level), since all that information is historically still recorded in the chain. But, moving forward like it is... the result will still be the same. The more transactions, the more coins that "disappear", from the "total" and the less that are "staked". The less transactions, the more coins that are "staked", and the more the total will increase. Without any actual consideration for balance, other than "hope".

P.S. For those who wish to not participate in the destruction of coins, via fees that have no impact on rewards to those processing your transactions... Use the commands below to start your wallets...

-mintxrelayfee=0.00000000
-mintxfee=0.00000000

or 0.00000001 if the program gives you issues with "free transactions"

Exactly, it has been block 28353 for days...


My comment about buying wasn't about "why are they buying it"... as in... "why spend money on it"...

My comment was about... "why would they buy a coin that can not be sent"... since it is "stuck" on that block, there is no possibility of "getting any transactions"... since a transaction requires a block to be solved, to transmit the coin.

Fiat requires zero effort to create! What!

You know printers that do micro-printing for free, do auditing and serialization for free, and handle tracking and counterfeit detection for free, places that do quality-control and distribution for free... Let me in on your "free money printers". (Not to mention insurance for "held bills". Which no coin offers.)

But I digress... lol.

I believe it costs over $3 to print a $1 bill, and over $0.05 to make a penny. (But that penny earns more than $3.00 in taxes as it passes through multiple peoples hands. Yet is is worth less than a penny, physically, in value.)

The point still is...

Trading/use of BTC is lower than what it was, when people could afford to pay for it, to use it. Thus, they are no longer giving-up $$$ for BTC. Thus, places are no longer accepting it, because they can't exchange it for $$$. Turning BTC into a coin that has everyone holding it, and less and less having the ability to use it for anything. If it was not for mining, "coins from nothing", then there would be no value. That "loss" from investment and electricity is no longer rewarding anyone with gains... Thanks to ASIC's.

Remember, the people making the ASIC's are also mining with them. They used your money to build themselves the golden-goose, and gave you the black-swans. Even if they loose, they win. In the end, they will stop mining and making them, selling you the golden-goose, when the goose stops laying eggs... leaving you with the old crippled goose.

This coin is now worse than any fiat. No fiat is worth converting to a coin that is constantly falling in value. Not rising to adjust for losses is the same as falling. If BTC flat-lined, that is falling. No-one gains, it is all losses. Even to those getting the THs machines.

Notice that no matter what the hash-rate of the network, everyone still holds the same volume, as a percentage, of the network. EG, they just got more debt from buying more miners, and that yields zero more coins. Increased debt, and no-one willing to pay for it, by buying BTC for $$$ from them. We were the ones paying, (the GPU miners), and we all left, because we were pushed out. Now, the ASIC owners, the few that exist, have to trade among themselves.

There is no more "economy" in BTC... just banks buying each others debt. ASIC banks buying loan-debts from one another.

The biggest thing to note is this...

Value is not increasing proportionally to the money spent to mine with advanced mining costs. That, and the fact that the volume of trades is reaching the points where BTC was, when it was selling for $10 and lower... is an indicator that eventually the trade-volume will simply die, because at these "worthless to mine prices", the coins still are not trading. No-one wants to pay for them, no-one can afford to mine them, and asking price from those holding, will never become "realized" in the future.

Those who saw this coming, months ago, left with minimal loss. Those still in denial, will take the brunt of the fall.

BTC has turned from gold, into tin-foil. It will eventually turn into paper, as worthless as any other "in game currency" that is generated from nothing, and requires zero effort to create.

Sorry, but that is just a fact. The complexity and poor design, along with greed, is what killed the coin. Welcome to Zimbabwe!

You can spend any coin anywhere... It's called using an exchange...

Earn LTC, sell for BTC, spend anywhere BTC is used... or anywhere LTC is used. You can use any alt-coin anywhere, if you use an exchange.

Where do you think the 600GHs worth of GPU miners have been the last few months... Not mining dead BTC. (Dead = no value to a GPU miner, other than to exchange to buy stuff that demands BTC.)

Any place that accepts only BTC is loosing-out on all the actual sales they could have, if they accepted other coins. Their loss, not ours.

BTC is a corporate toy now, owned by "the man"... dream = dead. Wake-up and mine "the peoples coin", alt-coins.

I still can't connect to anything that runs...

Latest block is 28353, 4 days ago, as the wallet reports it. Never gets past that point.

Starts downloading saying the block-height is 28224... Goes up to 28353 then dies...

No IPs in the list ever go past that block... Yet, someone is mining.

NOTE: This is the windows build (v0.6.5.2-g397646f-nibble)

Might be why the coin is taking a nose-dive in value. Still waiting for a fix. Not sure how anyone can be trading if the coins can't be sent to anyone...

I am saying this as constructive criticism... not to offend.

I believe these things are an oversight, that should be addressed ASAP, for the coins long-term stay. This is one of my favorite coins that I am dedicating all of my miners towards, and all of my deepest thoughts. I would provide more, but the above issues, which do not have any clarity, limit any real participation beyond earning for trading. (Not investment and spending.)

{All miners not dedicated to this coin YET... as I have others I NEED. This one I WANT.}

I understand the concept... but you offer no way to track this... You don't even have the answers, so how can you balance the unknown? What you keep pointing to is a "theory", a rather vague one, at best... With no actual numbers that we, "the traders/minters", NEED to "value" the coin.

Eg, sounds like you just don't actually know... and you just "hope" it all works-out in the end. Because, after-all, it is just a theory.

How many coins are destroyed in tx-fees? (No info, find it yourself.)
How many coins have been created "from nothing" for POS? (No info, find it yourself.)
How many coins are left, from the "expected" mined coins? (No info, find it yourself.)
How "counter balanced", is this system? (No idea, I just punched in numbers and hope they work. I am not even sure enough to come up with the slightest estimation... Like I said, I guessed.)

I know this all sounds harsh... But no-one is giving any clear answers...

You get 5%... 5% of what? Your POS blocks... and what CHANCE does a block have to be POS? No clue... So 5% of some mystery lotto-chance. That mystery reward replaces the constantly decaying coins that we have no idea how many are actually destroyed, and we hope they "counter-balance", but we actually have no idea if it is "balanced", just that one disappears and one appears.

You said counter-balance... Yet you have nothing that shows "balance". No records of POS blocks, POS rewards, Tx-fee destroyed coins... and thus, can not "balance" what you "don't know".

So... Other than HOPE of a theory... what ensures "balance". As I showed... there is no balance, just a constant decaying "coins left to trade/stake". At this rate, it is about 425 per month or 5100 a year, at these LOW trade volumes... more when we trade more. SO after mining results in 0 coins... the total coins in circulation will continue to reduce to 0... unless none of us are trading/spending/using the coins.

If the future is 0, and the reward for holding POS is not actually balanced to the losses... then this coin has no future. You stated that POS was NOT intended as a form of "income"... thus, it is safe to assume it will never be "balanced" to the losses from tx-fees. Unless we all stop paying tx-fees...

Since tx-fees are not mandatory, then you can NOT say, "tx-fees balance anything".

In short, I am saying this...

You said, "tx fees offset POS rewards"...

You only get POS if you are NOT making tx's... (holding), thus... it will NEVER offset POS earnings, just decay the "total coins left from block generation", only IF they are being traded/moved/used/txs/not-POSed...

For the record, I am holding over 18,000 coins for POS... More as each day passes... but have yet to see any POS rewards, but tons of coins destroyed in fees. EG, they are being destroyed faster then any POS rewards are being rewarded, thus, total coins will eventually be 0...

BTW, this is "critical information" we need to "judge the value of a coin"... if we don't know how many coins were destroyed, how many are stake-rewarded, and how many are mined... we can not honestly value our income. At the moment, we know how many were created...

EDIT: We can sort-of see the results...
Block-height: 65050 should be 650,500 coins (Actually incorrect, because POS shows as a block, need to know how many POS blocks to remove from the block-height, for correct calculation.)
Total-coins: 648,896.214629

(If POS blocks were NOT listed as a block... or knowing the POS blocks to remove...)
Thus... 650,500 - 648,896.214629 = 1,603.785371 coins short of expected... (Lost to tx-fees, not gained by POS)

EG...
- ? ? ? ? lost to tx-fees (thrown away)
plus
+ ? ? ? ? paid to POS (created from nothing II)
equals
- 1,603.785371 (Balance of thrown-away and created-from-nothing-II-POS rewards)

650,500 - 1,603.785371 = 648,896.214629 (Total coins left to trade in txs)
(Great for adding value, as there are "less than expected" for circulation... but... that will eventually become 0 left for txs in the future, unless we all never use them. That is counter-productive and turns value in to 0 also. The point of currency is to use it.)