I would not trust an out-of-box computer, possibly with a bunch of third-party applications installed, but an old computer which has been regularly used (including online activities) is not a good option too. Linux Live CDs have been mentioned already, and one of the best such systems created with security in mind is Tails ( https://tails.boum.org/). Make a USB stick with it, boot your regular computer from it with network cable unplugged (or Wi-Fi switched off), and you can safely generate a paper or cold wallet. It is certainly easier (and safer) that a clean install. |
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Is there a deadline on converting your ALTCOM to SONO?
Probably not, at least not now. It is simple rebranding, the wallet file ('wallet.dat') stays the same, you just copy it. The old client, however, is already incompatible with the network. |
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It seems that staking in the new client does not work. I staked some coins a few days ago using the first SONO client (1.2.0, I suppose). Then I updated to 1.2.0.1, but it failed to fully synchronize with a lot of messages about orphans in the debug. I deleted the blockchain data, leaving only 'wallet.dat'. The new client re-downloaded the blockchain and synchronized, but the last batch of the staked coins disappeared and the client reports 'not staking' despite the unlocked wallet and several network connections.
Had same issue and did the same, some coins disappear, lots of orphans, but it is staking with no problem. All right, I will check staking again, after some time. |
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I do believe that I am not spamming, this is a sincere concern which made me worry. I guess I just failed in reading that part. Thanks anyways, I appreciate the help and concern  I've checked some of your posts, posting some random news about bitcoin with links may be considered spamming. Be careful. |
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I was using my account the whole day and hoping for to reach Jr. Member status by today.
But, unfortunately even it wont go up :/
I was wondering why?
Is it possible that somethings up with my account?
No, there is nothing wrong. Read this thread: https://bitcointalk.org/index.php?topic=2766177.0. Basically, you can only get 14 activity points every two week period. And please, do not spam - this may get you banned. |
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It seems that staking in the new client does not work. I staked some coins a few days ago using the first SONO client (1.2.0, I suppose). Then I updated to 1.2.0.1, but it failed to fully synchronize with a lot of messages about orphans in the debug. I deleted the blockchain data, leaving only 'wallet.dat'. The new client re-downloaded the blockchain and synchronized, but the last batch of the staked coins disappeared and the client reports 'not staking' despite the unlocked wallet and several network connections.
You should letting the wallet operates over few hours before staking will be activated. I don't remember exact number of confirmations needed to activate staking, but it need few hours. Is it necessary after simply re-downloading the blockchain? My knowledge of POS mining is rather limited. All coins I have in my wallet are more than a week old. The previous (ALTCOM) wallet started staking right after unlocking the wallet, but I never re-downloaded anything. |
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It seems that staking in the new client does not work. I staked some coins a few days ago using the first SONO client (1.2.0, I suppose). Then I updated to 1.2.0.1, but it failed to fully synchronize with a lot of messages about orphans in the debug. I deleted the blockchain data, leaving only 'wallet.dat'. The new client re-downloaded the blockchain and synchronized, but the last batch of the staked coins disappeared and the client reports 'not staking' despite the unlocked wallet and several network connections.
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'Cold wallet' is an umbrella term. If it is a paper wallet, there is no need to buy anything, you can generate it yourself, although not all generators are safe. The best way is probably to download an offline generator software and then run it on a 'cold' (offline) computer for wallet generation and printing. If it is a cold storage, then all you need is a cold computer to generate and store the wallet (Electrum ( https://electrum.org/) has this option). If it is a hardware wallet (Ledger or Trezor), it should obviously come in a sealed package directly from the manufacturer. The seed should be generated when you configure the wallet. Anything with a sign of previous usage is not safe. Seed is everything, is allows to completely restore all keys (public and private) and addresses. One who knows the seed owns the coins. |
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What I gather from that is that anything of value should get a merit. That's also why you may award more than 1 per post. It seems like the scarcity problem is being worked on, so let's just give it time.
That is what I expected when I first saw the merit requirements for different ranks. It makes sense. It would greatly reduce spam without making ranking up nearly impossible. I'm very skeptical of the new system now, but in case of such adjustments I may completely change my mind. |
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So it's been a day or so now since merit was introduced and I've shared some of my thoughts and opinions on it across a number of threads, now I feel I'll compile them all in one place.
Excellent analysis. The math
By now you probably know that the only long term source of sMerit is from selected accounts. Theymos has said that in total there will be 8175 sMerit to be distributed each month. Before we actually look at how this sMerit may or may not be fairly distributed let's just break that down with some numbers.
Each account previously if fulfilling its potential growth would grow by 30 activity per 30 days. Given that, dividing 8175 by 30 we get 272.5. That means that 272.5 accounts with the new measure could grow at the rate they were previously able to grow. Now as of writing we have approximately 1.7m accounts in this forum, of course many will be inactive but even removing those it's a lot more than 272.5
An alternative way to look at this point is to consider the posts per day. If we take the average number of posts per month from January 2015 to December 2017 (therefore discounting for the fact the forum has got a lot busier in the last months than at the beginning of this time period which would only serve to worsen things) we get an average monthly number of posts of 451,274. Given that of those 451,274 posts there will be a total of 8175 merit given out we can calculate that per post we are looking at approximately 0.0018 merit being given per post, or alternatively 1 in 55 posts earning 1 merit. Compare that to previously where a user could assume that per 1 post they'd gain 1 activity up to the limit then it's a much slower rate of progression. These figures were calculated from the official forum stats if anyone wants to check my calculations.
My ballpark estimate was 1 in 50 to 100 posts. There will be a trickle-down effect, but there also will be a large number of points received by Legendary members and these may cancel each other. With these numbers it may be possible for a Newbie to progress to Member, but not further. Higher ranks are essentially frozen, since they would have to make many thousands of posts to get enough merit points. |
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For me signature campaigns are just an additional way to get more crypto, I have not cashed a single cent from them yet. I have a regular job and I can certainly live without them. But I admit I would post less, since I am mostly a reader. In fact, I started reading this forum long before registering this account.
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As the title states. The small supply of sMerit with the huge amount of accounts here means the majority of members will not ever receive even a single merit.
I have a similar feeling. A single point or a few points may be possible, but, because of the scarcity of sMerits, even 100 points requirement for Full Member looks unachievable. I've been browsing the forum and I saw a lot of round figures equal to the initial allotments. Jr. Members are mostly ignored regardless of their post quality, how are they to ever achieve 10 Merit?
10 points may be not that bad. It can take a lot of time, a year maybe (one exceptional post a month?), but it's doable. But they will never progress to Full Members. I think merit requirements should be made 10x easier. Here is my reasoning: Shitposters do not receive even a single sMerit point. You can see this already. In the event shitposters buy merit this is easily traced since all merit is publicly displayed. If someone gives merit to a shitposter for a poor quality post, they may of course be investigated and found to be selling sMerit and thus penalized.
Maybe not 10 times easier for Jr. Members (it would be only 1 point), but 2 or 3 points. For higher ranks it seems to be a good estimate. Collecting hundreds of points is impossible in any reasonable amount of time. I'm also sick of seeing endless "Good project", "I wish you success" and so on, but these are guaranteed not to get a single point. So why these insanely high requirements for higher ranks? But the issue is with better quality posters - the most they seem to receive is 1 or 2 sMerit which would require 45-90 top quality posts (assuming good quality posts get only 1 or 2 sMerit or so) for a Member to reach Full Member. Doesn't this sound a bit too much? Wouldn't 9 good quality posts do? Again, shitposters will never make 9 good quality posts, ever.. so what's the harm here in balancing the requirements a little? The sMerit system should be designed to get rid of shitposters.. but not to make the Activity requirement now become completely meaningless since Merit is exponentially harder to achieve.
Exactly. Activity and merit requirements for higher ranks are incomparable. |
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I like the idea, but not how it has been implemented. Something like this was necessary to fight the tsunamy of spam, but they way it has been designed with a few exceptions nobody will ever rise in rank any more - they could have abolished the changing of rank all together. Would have been the same.
Exactly. It is essentially freezing of rankings. With the current implementation getting 90 or 150 points to rise to member or full member is impossible. I do not think it will be hard. It might not catch on right away but it will definitely pick up in the future once members realize it is vital to the community. The problem is that sMerit points are incredibly scarce. My present very rough estimate is that only 1 in 50 or 100 posts will get a merit point. So, several thousand posts to rank up to full member? It's ridiculous. The more great posts you make the higher chance you have of getting points. This system is to stop people just posting pages and pages of one liners made solely just to rank up. Now these people will get nowhere by doing that. It would be an excellent idea if sMerit points were not so scarce. The chances are tiny. Good quality posts will be buried in large volume of typical ones. I've got 5 sMerit points and I will probably spend then when getting some good answers for my (mostly technical) questions. Then I will have none. Sometimes I answer questions, but it often happens in the "Beginners & Help" subforum, and Newbies don't have sMerits to send me. sMerit sources? They are too few. So why even bother? I'm not sure this system can stop spam. New members can try to get 10 points by quantity, not quality. 10 points is a lot, maybe it will take a month to get 1 point, but it seems to be doable. 150 points in any reasonable amount of time is impossible. |
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Hey there I am looking for a easy and safe wallet to use, to do my transferring buying selling of my BTC? Any suggestions please?  It depends on the amount of BTC you have. For small amounts an online wallet may be enough. Electrum ( https://electrum.org/) is an excellent desktop wallet for something more serious. If you have 1 BTC or more, you should consider a hardware wallet (Ledger or Trezor) or cold storage. |
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after watching the threads last 2 days , i think its going to be terrible for Full Members + it will literally take months to get 150 merit from Full Member to Senior Member..... i can post 10 helpful posts and at best ill get 1-2 Merit points.... so i have to send 10 helpful posts a day and hope to get 1-2 merit points..... going to take 6 months to even rank up when i was going to rank up in 3 weeks from activity being a normal member... really sucks, and all the Hero Members + dont care because they already have the clout/ account so it doesnt even matter to them.... I do agree these newbie accounts that just post broken english and trash posts are terrible... but imo id rather a warning system for being banned or something else other then this, hurts middle of the pack members who arent yet the high / elite ranks and dont have time to post 25 things a day to possibly get a couple merit points
Right. sMerit ponts are extremely scarce. I think 1 to 10 ratio is a very generous estimate. It will be worse. Newbies can try hard and rise to Member, getting 10 points is going to be very difficult but not impossible. Say, 1 point in a month is probably doable. But rising from Member to Full or from Full to Senior? It will take years and is not even worth trying. |
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Yes, let's see, but I'm not sure about quality improvement. sMerit points are so scarce that it is probably not even worth trying and there are rules about meaningless posts already. |
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I like the idea, but not how it has been implemented. Something like this was necessary to fight the tsunamy of spam, but they way it has been designed with a few exceptions nobody will ever rise in rank any more - they could have abolished the changing of rank all together. Would have been the same.
Exactly. It is essentially freezing of rankings. With the current implementation getting 90 or 150 points to rise to member or full member is impossible. I do not think it will be hard. It might not catch on right away but it will definitely pick up in the future once members realize it is vital to the community. The problem is that sMerit points are incredibly scarce. My present very rough estimate is that only 1 in 50 or 100 posts will get a merit point. So, several thousand posts to rank up to full member? It's ridiculous. |
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I like the idea, but not how it has been implemented. Something like this was necessary to fight the tsunamy of spam, but they way it has been designed with a few exceptions nobody will ever rise in rank any more - they could have abolished the changing of rank all together. Would have been the same.
Exactly. It is essentially freezing of rankings. With the current implementation getting 90 or 150 points to rise to member or full member is impossible. |
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I'm just wondering how this will change the dynamics of the forum - will we see people chasing merit by posting in areas that are full of high-ranking members (merit sources) in the hope of advancing? This could have the unintended effect of lowering post quality in what are usually high post quality areas (technical discussions etc).
Probably. A new user may try to collect 10 points by writing a large number of posts there. It will be hard, but not impossible. |
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