So how does StakeAgeV2 work? is that in every Coin? how do you determine the metric? Edit: I notice you are a super hero around here  |
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Yeah, looks like a dirty muggle alright. He is in a filthy garage where he works for a living, possibly even contributes something to society. Do I even need to mention his style, or lack thereof? Get some proper vests or please kill yourself. Disgusting. upboat on the coffee mug to the moon  He's got some good style happening there  |
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Sounds like you are making threats on a public forum, also illegal and punishable by law. haha we got a comedian here Well what you are suggesting is going to his employer and trying to get him fired over your poor investment choices, which would be harassment so no I am not a comedian but I do play one on the interwebz  |
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Sounds like you are making threats on a public forum, also illegal and punishable by law. |
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Has anyone seen suchmoons reputation? Bansheroom -4: -1 / +0(0) 2015-03-09 1.00000000 A known scammer running fraudulent sites and a FUD spreader ArmoredDoge -12: -3 / +0(0) 2015-03-07 21,000,000.00000000 Likes to say he'll remove your Negative Rating if you remove his Negative Rating.
This is not how it works.
If you Negatively Rate summon it means you don't like the person or the trades they do or you've traded with them any it went badly.
Why would I remove your Negative Rating If I didn't like you?
Does not not defeat the purpose of a Negative Rating? lifeforcepools 0: -0 / +0(0) 2015-03-03 1.00000000 Openly admitted to stealing players deposits in retaliation for outing his scam (see reference) by manipulating "provably fair" bets.
Also known by an alias "manl". Has an associate named "gerry". Runs Litecoin gambling site diceliteco.in. https://bitcointalk.org/index.php?topic=448649.msg8611635#msg8611635http://www.wikiscams.org/index.php?title=DiceBitco.inTrust ratings don't mean much, people will leave lots of false feedback if they don't like you. |
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So then dont lose your way and dont waste your time or have your name tainted even trying to contribute to the community. You know how this will end. The leaked emails are naild to its coffin. Evidence is too strong and media will blast the news every where.
Well, all I was saying was that there is some value in it. Team PayCoin and this "jwrb" guy copied code from PayCon (which I copied from another Coin) that fixed their problem and so they gave me credit and gave me 1 BTC. I have seen that they have also forcibly took Zencloud and Paybase from Josh and started allowing people to withdrawals so I also told them about a couple problems they should fix and pointed them to a commit from DiceCoin to block certain addresses. Will they fix their problems? who knows? but from reading just some of the emails it seems like that they weren't part of the crowd since they wouldn't be doing actual work. Let's throw a little wrench in the mix and see what happens. Crestington, you made the comment about about "Dicecoin to block certain addresses" I remember seeing somewhere (might be in this huge thread somewhere?) about the ability to block certain wallet addresses, is this really possible? if so how is that implemented? Yes certain addresses can be blocked, I have seen it in a few different Coins (MaryJ, CommunityCoin, SaturnCoin2) and I assume you would need more than 51% of the network Stake Weight to be able to do it. I'm not sure yet exactly what it needs to do it but I think it could be something important to the network and should be tested. In SaturnCoin2 there was a story of them Blocking an address they thought was the dev's premine but turned out to be Cryptsy lol |
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I installed a desktop paycon wallet on a windows pc and gonna keep it running almost 24h at work  Everything went smooth, no stupid checkpoint errors, a lot better than paycoin. Just wanted to ask how this staking works - will I lose much due to reboots or some offline time? How important is to be online 24/7 staking? Staking is important because it provides consensus and security for the network, the more people Staking on the network the stronger it is. The Staking is fairly straightforward, all Proof of stake Blocks reward 30 Coins per Block so at 1 minute Block times that is approximately 43,200 coins a day or currently 0.78% per day (and this reduces over time as the supply grows). Average Block to Stake currently is between 500-1000, this is the amount of Coins in one transaction sent to an address in your wallet. Lower amounts would take longer to Stake with a minimum of 2 days and a maximum of 14 days when Coinage stops growing. Coinage is calculated as the number of Coins * the amount of days past. If you have some time offline then that's ok but it's better to Stake, there can never be 100% Stake activity so you tend to always receive slightly more % growth than the money supply but if not Staking you lose slightly compared to the money supply. Staking is all Automatic, you can even change how your Blocks split when they Stake using the RPC console located in "help", then "debug window" In the RPC console you can type "setstakesplitthreshold" followed by the minimum amount you would want your blocks to split, if you set it at 600 then you could Stake multiple smaller Blocks in a single Stake (in the same address) until over 600 or if larger than 1200, it would split your Stake into two Blocks. We are currently running a Staking promotion giveaway where a large portion of Blocks have extra Coins added to them, if you know of a good faucet or two then be sure to ask them to add PayCon and we can setup some funding. I think it's still pretty inexpensive to grab some Coins if you want to just buy a bit, total maketcap is somewhere around 7-10k. |
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Yeah, hit a Primelet and a few Yanglets  Nice! I think it's about time to release the Krakken. |
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I have already previously commented on what I think would be best to implement in the fork earlier in this thread: https://bitcointalk.org/index.php?topic=771755.msg10634697#msg10634697In summary, obviously first of all the blocktime needs to now be increased. Furthermore and also I think that this is very important, the staking frequency must be reduced, not the staking amount which should still remain the same at two percent. This should fix problems with the wallet.dat file bloating and causing lag in the qt wallet. I think we should also reduce the block reward, to be more specific I suggest we reduce the reward by 1 coin per block per year. This way it does not compromise the security of the blockchain. If anyone has any more ideas about what should be implemented in this fork please speak up, now is our chance to make any changes that we might want. What do you mean about the staking frequency? If you increase the block times, you reduce the staking frequency. |
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So then dont lose your way and dont waste your time or have your name tainted even trying to contribute to the community. You know how this will end. The leaked emails are naild to its coffin. Evidence is too strong and media will blast the news every where.
Well, all I was saying was that there is some value in it. Team PayCoin and this "jwrb" guy copied code from PayCon (which I copied from another Coin) that fixed their problem and so they gave me credit and gave me 1 BTC. I have seen that they have also forcibly took Zencloud and Paybase from Josh and started allowing people to withdrawals so I also told them about a couple problems they should fix and pointed them to a commit from DiceCoin to block certain addresses. Will they fix their problems? who knows? but from reading just some of the emails it seems like that they weren't part of the crowd since they wouldn't be doing actual work. Let's throw a little wrench in the mix and see what happens. |
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Definitely a kick in the head to the realities of investing so how much sympathy can you have? It can however be salvaged depending how they do it, it would probably be quite a while before people could make any ROI, if they could make it back.
Salvaged? As what? Honestly, what do you see this altcoin ever being perceived as anything other than a harsh lesson in what scams to be on the lookout for in crypto? There is a large community around it and they still have things partially done that can work if redesigned to benefit the holders and not just one or two people. Lots of dumb people but they still have a large amount of funds they could draw from and if you took the bad actors out then they might even see some returns. The fuck? Have you gone full retard? You cant take thr bad actors out if they already hold millions of coins. Beside the whole system is flawed its nothing but a pyramid scheme. "Even make some returns".... Fuck i bet if you found paycoin at launch you would have been one of these gawtards. I did find PayCoin at launch, I said it wouldn't work. This site seems to be managed by a try-hard. They are posting lies and then going step by step, supporting them with another lies. Want a proof? First sentence from the linked article "PayCoin (XPY) an altcoin backed by GAW miners, which is believed to be a scam," leads to another one: "Currently they are being investigated by the SEC for their questionable business model and their operations." Which is a lie. Somebody (probably the author of this "article") even made a fake screenshot of the site with scheduled GAW investigation, but there's no trace on the real site. http://www.sec.gov/litigation/admin.shtmlThe question you should ask is why would anyone try to make people think they are being investigated. People hold grudges, people don't like seeing things succeed that they themselves do not agree with, people believe they are right and everyone else is wrong. People do what people do... static const int64 MAX_MONEY = 2000000000 * COIN;
static const int STAKE_START_TIME = 1418470264; // Sat 13 Dec 2014 06:31:04 AM EST
static const unsigned int POW_START_TIME = 1418403600; // Fri 12 Dec 2014 12:00:00 PM EST
static const unsigned int POW_END_TIME = 1419181200; // Sun 21 Dec 2014 12:00:00 PM EST
2,000,000,000 total coins with 12,000,000 premine, current total coins 12,375,656. Means 375,656 POW but we have to minus the large POS blocks and early POW blocks (ill get to that). Now I dont know the specs but I seen 500,000 XPY was the apparent POW supply which was incorrect and deliberately coded incorrectly to allow less POW blocks then indicated. If you were to allow a certain number of blocks you would allocate the POW change to block height, no time. By using Ntime you will usually a) confuse users as you are only estimating and b) always get it wrong. Block times are averages and using time instead of height is a deliberate method to reduce total coins. Now if we look at the stake start times, once again should be based off height not time, POS kicked in the day after launch. This then ensures less POW blocks are generated and more POS blocks, once again reducing total coins allocated to POW as more POW blocks are mined before the POW cut off time. Now even if total coins for the POW stage are not pre-announced, this method is what most devs use to allocate a greater % of total coins vs what they advertise. Now 375,656 POW coins is fine I guess until we look at the POS blocks generated. So between block 9180 and 9229, 13,000 XPY were generated through POS. Between block 14200 and 14000, another 18,000 XPY were generated. When POW was disabled, we had a total count of 12,343,000 or 343,000 coin POW phase. Since that POW phase has ended a total of 33,800 XPY have been staked with all 32,700 XPY going to POS on premined coins and addresses, with only 900 XPY to the 341,000 POW owners. This is based on the code below and looking through the block explorer. Stake Min and Max Age static const int STAKE_MIN_AGE = 60 * 60; // minimum age for coin age
static const int STAKE_MAX_AGE = 60 * 60 * 24 * 5; // stake age of full weight
Primenode Requirements. static const int64 NUMBER_OF_PRIMENODE = 50;
static const int64 MINIMUM_FOR_ORION = 50 * COIN;
static const int64 MINIMUM_FOR_PRIMENODE = 125000 * COIN; Primenode Rewards. if (primeNodeRate == 0)
nRewardCoinYear = 5 * CENT;
else if (primeNodeRate == 10)
nRewardCoinYear = 10 * CENT;
else if (primeNodeRate == 20)
nRewardCoinYear = 20 * CENT;
else if (primeNodeRate == 100)
nRewardCoinYear = 100 * CENT;
else if (primeNodeRate == 350)
nRewardCoinYear = 350 * CENT;
Now using the previous figures, lets take a look at the yearly projection using the base that POS stage is 10 days old. Primenode yearly POS XPY count 32,700 XPY * 36.5= 1,193,500 XPY (Total (BTC)51797.88806500) POW nodes yearly POS XPY count 900 * 36.5= 32,850 XPY. (Total (BTC)1425.68967150) As long as these match up to the projections and pre announcements, who cares I guess. These numbers are not 100% accurate, check the block explorer for an exact amounts.
Wow!
Talk about Ponzi!
With 5 days maximum age that means it limits all the smaller Blocks. The Coins from the premine will always push out the small players as those Coins that DO stake, compound with interest.
To limit the smaller Blocks can be good for the Coin, but you need a balance where the average person CAN stake their Coins.
This means that GAW has a nearly unlimited supply of Coins they can dump on the market. |
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I wonder whats not a scam in crypto ...
Does it count if it's a legit Coin pretending to be a scam? |
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Definitely a kick in the head to the realities of investing so how much sympathy can you have? It can however be salvaged depending how they do it, it would probably be quite a while before people could make any ROI, if they could make it back.
Salvaged? As what? Honestly, what do you see this altcoin ever being perceived as anything other than a harsh lesson in what scams to be on the lookout for in crypto? There is a large community around it and they still have things partially done that can work if redesigned to benefit the holders and not just one or two people. Lots of dumb people but they still have a large amount of funds they could draw from and if you took the bad actors out then they might even see some returns. |
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am i the only one happy that the Hashtards pay no attention to this? so they will be taken for another pump and dump.
Normally i have sympathy for victims of fraud. But in this case, it changed my mind, If you're too greed and stupid, you deserve to be a victim.
No1 can be your angle watching over you forever.
I think many of us feel this way. Like, it used to be about protecting the victims, but after a certain point, it's more about: fuck the victims and fuck the bad guy too. Not sure how many actual hashtards still exist. The FTC might have to go ahead and create a ruling about sock-puppeting when it involves any form of investment after this case. It's hard to compare Hashtalk to anything I've ever seen before. Definitely a kick in the head to the realities of investing so how much sympathy can you have with thousands of people telling you it's a scam? All the people can't be wrong all the time. It can however be salvaged depending how they do it, it would probably be quite a while before people could make any ROI, if they could make it back. |
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Ok strange turn of events
The PayCoin foundation sent me 1 BTC for the bit of help that stabilized their sync problems.
Do I help the foundation sort out their problems?
I don't think I'd like to see all those investors lose everything, it's really only a few people that fucked everyone over.
You could help sort out the code to maybe make it more usable, but there really isn't a chance of doing much when people only concerned with getting cash have so many coins to dump. I have been watching what Team PayCoin does a little bit, so far they have forcibly taken control of Zencloud and reinstated withdrawls. It's funny because all the Hashtalkers were like "OMG zencloud works now and it's so fast" I'm treading this all carefully in giving help as in I can offer some advice and point them in the right direction but won't do direct work on the code. If I am right, the PayCoin Foundation could save the day if they decide to work altruistically towards the holders. All I have mentioned to "jwrb" on forum.gethashing is a bit of Blockchain advice but I think it's most important for me to be open with the things I say and do here. Crestington 10h jwrb: c2eda57f882d86e1bb2906b225df53662395f8b5a4ef5852c69a30d841ee5137 Wow man, thank you so much!! You don't know how much that helps Looks like this whole PayCoin thing went totally nuclear with the email release and everything but this is also great to be able to get it all things out in the open. Atleast now I know what's going on and can help a bit. A little FYI, you guys will need to cut off Josh completely from the code, probably issue new prime controllers. If you are going to make all the prime controllers the same rate of inflation you should think about the compounding interest, 1 hour compounding interest on 100% per year is still about 10,000% per year. If you are making a contract about asking someone not to keep their Coins in Prime controllers, that is likely not going to work. There is a couple things you should look at in regards to security. Fees are extremely low for transactions, you can currently send about 100k transactions per XPY. The minimum difficulty should also be looked at as well since at 4, it is very CPU intensive. The big one is the time drift between Blocks, this opens up a time exploit and I think it could be quite harmful to have a 2 hour timedrift allowance on Staked Blocks but 1 hour minimum Stake age. The time drift should be as tight as possible without stalling the chain. Crestington If you are looking to completely Block certain addresses from sending/staking, you should look at this commit. https://github.com/gaodaochu/dicecoin/commit/ca91e22a754ff8723d21a2edc8279c95eb8b08fa |
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Ok strange turn of events
The PayCoin foundation sent me 1 BTC for the bit of help that stabilized their sync problems.
Do I help the foundation sort out their problems?
I don't think I'd like to see all those investors lose everything, it's really only a few people that fucked everyone over.
What ever you do ends up as open source on the github, right? So, it adds to the crypto community (even if this shitcoin does screw it in a big way) Yes, whatever I add in the source code is open source which adds to the community. I am against closed source code but the result is that they can use code if they want, it doesn't matter too much anyways since it's a lot of code pulled from different sources. |
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Ok strange turn of events
The PayCoin foundation sent me 1 BTC for the bit of help that stabilized their sync problems.
Do I help the foundation sort out their problems?
I don't think I'd like to see all those investors lose everything, it's really only a few people that fucked everyone over.
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Alright anyone have a quick summary of some of the information that has been revealed through these emails?
Summery: Josh lied about everything and it was all fake, all the emails tell you the truth to what was actually going on.  |
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Never ceases to deliver Big PayCon announcement coming soon TM |
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Uh a Primelet I got none until now ^^ Thursday the Immortals start Big announcement coming soon TM |
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