For those of you that aren't on the slack channel, I am going to be implementing a governance system for HYP here in the near future, in fact I have begun writing the code already.
The plan is to have a staker activated voting system, that would be for most intents and purposes very similar to miner activated forks in bitcoin. So for example, I would LOVE to get rid of the X11 hashing of block headers (pointless extra resource consumption and longer sync times) and use SHA256. I plan on using the new governance system to have that fork precoded into the wallet, and only activated once something like 70% of the previous two weeks worth of stakes are signalling support (exact numbers to be determined). Once that happens, the activation would be automatic and no further updating of the wallet would be required.
I would like to have quite a few issues that we would be voting on all at once. Various forks that are ready to be activated if our stakers decide they would be good for the HYP. If the vote is no, then they would never be implemented.
This will give us as a community a solid way to work forward and progress the coin, without all the noise that can get in the way. These votes would be immutable and publicly seen on the blockchain. And of course I would add some RPC commands as well as an additional dialog in QT wallet that will allow you to select which issues you are voting for. I think it will be a pretty amazing addition to HYP.
This sounds interesting, a staking activated voting mechanism huh? So for a staker to activate support they would just need to download and sync up the new update and stake some blocks right? Would this be a first for any stake coin?...I would love to see you get creative with hyper once your full time crypto  As far as I know there aren't any staking coins that have governance systems that are based on staking. Pivx has governance, but it is the masternode voting system. And yes, in order to vote you would just need to download the new wallet when it becomes available, select which topics you are voting yes or no on, then keep it open to stake and your votes would be inputted automatically into your staked blocks. . It's just possible you are reinventing / revolutionising democracy here. .... Don't hang about, plant that acorn |
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This is very odd, Jubi has a volume of $2,912,060 according to coinmarketcap.
3 million on a dead coin is just odd.
If you can't send or receive from the exchange then why would anyone trade on it? Or is this some pump and dump going on here?
It's all about trading; trying to leverage your position to gain more BTCs, other alts, or, even fiat for that matter. That simple. And, a closed exchange keeps miners out from offloading their coins and preventing the price from tanking. This is why I expressed my concern that YOBIT would tank the price (after I sold of course), because, miners can offload their coins on an open exchange and will, to sell at whatever price, to pay for the copper (electricity, equipment, location, GPUs, salary, etc...). Investors, buy and sell, and NEED for the most part (unless they can short), the price to go up before they sell to get they profits. Traders put money in, miners take money out. Prevent the miners from offloading, prevent the natural balance of open market, add a closed system (China only), and, the price will be inflated. Something JUBI was clearly demonstrating while many Maxcoin bag holders couldn't wait to sell their coins at JUBI's price on YOBIT (and tried), only to realise that the REAL market, didn't want to pay the price (let alone miners who would sell at whatever price, rather than hold). Once YOBIT entered the arena, it proved right ... bag holders and miners offloaded their coins and tanked the price lower. Personally, I thought JUBI's price was already at top of market, and was happy to sell at less than half that value on YOBIT. So, I sold at 3500 sats, where, Maxcoin now sits at around 350. So, whoever bought my Maxes, just lost 90% of his or her investment. Well, for the moment anyway, unless Maxcoin increase by another 10x, which, to be honest, without REAL developers who can deliver, who follow thru with their words, I really don't see that happening. This crowd, is more about superficial nonsense, than core, and I mean, deep seeded core obsession with making this coin the best. Other cryptos have demonstrated evolution, which, our developers just have not been able to deliver. And this is why other cryptos have more value. GREAT developers can move the coin forward. Our developers can't even finish the dam web site. I'd add to that by saying you can tell the sentiment of a coins community pretty easily. Some will try to tell you what a "great package" you get when you purchase a RaspPi Maxcoin super-node bundle after jumping through hoops.. I didn't dig too far to be honest so let me know if this does actually turn out to be a good deal...... just smells bad as usual. Others have a link to GitHub etc. where you can find some interesting software and info on setting up the couple of three you already have on your desk! Because you are a generally interested tinkerer and like to support open projects regardless of perceived monetary gain. And guess what ... so are they. |
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I find that exiting and starting the wallet about every 1/2 hr speeds up the process considerably. Cheers Jon  Often had problems syncing wallet after long periods of coins elsewhere. keeping an eye on the logfile shows (in my case anyway) problems with orphans ... many orphans. I now look out for something like ProcessBlock: ORPHAN BLOCK 751, prev=6169a00daf82fcc979f3353ffb6eebb549940d303f0335b24d00abda7df0f990 ERROR: ProcessBlock() : duplicate proof-of-stake (COutPoint(d5814acfb9, 1), 1501411456) for orphan block It's the 751 that rings alarm bells In my case orphans will increment up to this number and then the wallet seems to get stuck. 751 repeats ad nauseam and sync progress stalls. A quick restart - the blockage clears and sync progresses .... rinse ... repeat as required I don't truly understand what mechanism is at play here but restarts at this point always appear beneficial. Hope this is useful |
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Breaking news ...
I was wrong about the price of Maxcoin at 400 sats.
Maxcoin 340 sats!!!
lol ahh the dump missed my buy order. by about 339 sats |
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It seems google translate loses about 5 years between Russian and English. Interesting |
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I find this coin playing snake game, now I think of buying some of this coin and like to know what amount is good to start staking with. I not have a lot of money but I like to invest here even if it is small amount to start. like I say I get some free coin from playing snake game, I keep playing to earn more coins.
I'd try to get at least 250k HYP to be able to earn a stake on a reasonable basis I will try and get that much coins. thank you for info on good amount to get, I will also try and win some with the dice game from the coins I get from playing the snake game at playforcrypto.com Thats a lot of Snake to get 250k  You will be a master of the snake Can you play with hyperstake at playforcrypto.com ? Looks like only HYPER to me. Different coin. oft confused. |
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200 sat to 8k sat recently.. what in the hell happened?
Do some research and you'll see the smoke the mirrors and the shenanigans. I don't argue with gains. Nor do I ignore volume. Even if it's Chinese volume, someone wants Max. Max being more blatant about pumping it. I can see it go up. So is Jubi wallet working again?  open for deposits/withdraw? |
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200 sat to 8k sat recently.. what in the hell happened?
Do some research and you'll see the smoke the mirrors and the shenanigans. |
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I guys im still looking to buy 1M-3M of this coin, would buy at market price so you wont crash the market if you sell. Just contact me!
Thanks!
Of course it won't crash the market. Put your order on and it will fill. . PLus it's good for the coin to have volumes recorded on the exchange Lol well there's no sellers, good luck to fill an order of 1 btc when the daily average volume is around 50$. Unless one of the top holders wanna sell, this won't happen... Who's point are you trying to make here? buy up to 0.00000054 on the sells side of cryptopia you'll be just shy of 3m CAP or place order @ 0.00000035 and wait for a few folk to fill it. or use your imagination and place a few around the book pretty straight forward really. Well im simply asking if theres a bag holders that one to sell, without them i wont be able to buy on the exchange, and you know how it works when someone puts a large buy, smaller one move their order above it... And if the coin has low volume, it never fills... I agree there but you imply that there are no sellers, there are at the right price! I'd suggest you split your buy into tranches and fill some offers and place some bids. That way you can average yourself a position in a coin you want to hold and stake while at the same time provide some volume and improve liquidity. Everyone's a winner * disclaimer .. I do NOT have any sells on the market currently Im imply nothing i just say there's barely no volume, hell look at the last 2 weeks the biggest day was 500$ US, so if you want to buy 3500$ US it will takes months.... There's no sellers AND NO BUYERS. And trading off book is not going to stimulate anything either. |
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I guys im still looking to buy 1M-3M of this coin, would buy at market price so you wont crash the market if you sell. Just contact me!
Thanks!
Of course it won't crash the market. Put your order on and it will fill. . PLus it's good for the coin to have volumes recorded on the exchange Lol well there's no sellers, good luck to fill an order of 1 btc when the daily average volume is around 50$. Unless one of the top holders wanna sell, this won't happen... Who's point are you trying to make here? buy up to 0.00000054 on the sells side of cryptopia you'll be just shy of 3m CAP or place order @ 0.00000035 and wait for a few folk to fill it. or use your imagination and place a few around the book pretty straight forward really. Well im simply asking if theres a bag holders that one to sell, without them i wont be able to buy on the exchange, and you know how it works when someone puts a large buy, smaller one move their order above it... And if the coin has low volume, it never fills... I agree there but you imply that there are no sellers, there are at the right price! I'd suggest you split your buy into tranches and fill some offers and place some bids. That way you can average yourself a position in a coin you want to hold and stake while at the same time provide some volume and improve liquidity. Everyone's a winner * disclaimer .. I do NOT have any sells on the market currently |
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I guys im still looking to buy 1M-3M of this coin, would buy at market price so you wont crash the market if you sell. Just contact me!
Thanks!
Of course it won't crash the market. Put your order on and it will fill. . PLus it's good for the coin to have volumes recorded on the exchange Lol well there's no sellers, good luck to fill an order of 1 btc when the daily average volume is around 50$. Unless one of the top holders wanna sell, this won't happen... Who's point are you trying to make here? buy up to 0.00000054 on the sells side of cryptopia you'll be just shy of 3m CAP or place order @ 0.00000035 and wait for a few folk to fill it. or use your imagination and place a few around the book pretty straight forward really. |
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I guys im still looking to buy 1M-3M of this coin, would buy at market price so you wont crash the market if you sell. Just contact me!
Thanks!
Of course it won't crash the market. Put your order on and it will fill. . PLus it's good for the coin to have volumes recorded on the exchange |
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I'm showing some weight and staking activity (green light up arrow button) showing weight of 12298 .. and rising
I won't have a mature block for 24 hours according to coin control ??
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Hello iam trying to post
Sucessed! Ahh beat me to it! |
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Actually seeing a big improvement in orphans. 2 in 30
Could be network conditions but client is much more responsive in general.
I'll shout if I get another long spate of failures, They have been become a "feature" for me recently
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Well seeing 0% and lots of 0.x% CPU synced 3 hours of chain fast, despite seeming a bit slow to acquire peers ( bit subjective ) It's gone back up to 2GB ram usage from 1.6 ..... meh .... I'm going to post now before the first stake orphans and ruins this glowing school report. *EDIT** oooh and clicking on the little staking arrow now works ... every time without delay *thumbs* |
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No this poor CPU was solid at 60-62% and it's been synced for hours now with a blank wallet.
If this is still the case I would like a full copy of the debug.log file. Especially if you can run it in -debug mode for a while. I have never experienced a blank wallet pegging a CPU for so long, unless it is catching up or the block chain is getting spammed. Otherwise is should idle between 1-5%. [/quote] No problem I shut the wallet down in that state so the ed of the log should catch it. I'll restart it again tomorrow in -debug and see if it replicates or if it was transient network activity or not send you that one too. ooops buggered up the quotes |
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No this poor CPU was solid at 60-62% and it's been synced for hours now with a blank wallet.
Yeah I guessed the ping times may be software related as I added a node on my LAN which did seem to improve sync
as one machine soon pushed 4M at the other but both were reporting some wayward pings from 10-15ms to 100s of seconds
I believe they did eventually part company as the connected time got reset along the way ...
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Not having done this for a long time I think there might be a more fundamental issue than the staking algo
I have a synced client with a fresh and empty wallet.dat using 61% of an A6 6400. OK its only 2 cores but 4GHz
By my reckoning it should be doing next to nothing.
Watch the debug log file tail -f using msys. You will notice each time a new block comes in the CPU spikes. Blocks roll in VERY fast so the CPU is high a lot. Ala 20 second block time. You can also turn off stake via version 1.5.4+ or by encrypting the wallet. So if I understand you correctly the wallet is crushing that machine simply accepting new blocks with nothing else to do? I wouldn't call it spiking exactly, more .. erm balls out. Come to mention it I don't think it was working that hard while it was syncing (I wasn't watching particularly) more CPU variance for sure So possible it could be current network activity making it work harder? Roll on improvements |
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Not having done this for a long time I think there might be a more fundamental issue than the staking algo
I have a synced client with a fresh and empty wallet.dat using 61% of an A6 6400. OK its only 2 cores but 4GHz
By my reckoning it should be doing next to nothing.
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