Well, almost a day has past and there have been very few POS block generated. Some people are still running the old version. I guess most of the coins are at the exchanges. If we don't move at least 120 blocks, the blockchain cannot continue as the new coins generated need to mature. I see that there is some interest on the coin. I will like to make a proposal since otherwise the coin will be dead. What do you think of adding some POW blocks: 2000 or so. This will allow people to move from the exchanges to their wallets and start generating enough POS blocks to make it POS only as originally designed by the OP. 2000 blocks with a reward of 5 ETD mean 10000 more ETDs. Since there are currently 1.5 million ETD, the inflation will be low. Do you think that a new thread with a RE-ANN can be useful? Those with the old version may not be reading this thread anymore ... BTW the current richlist is: E7MdiwtV2qSEk6FyCDVTzCLbbzFUekxy3K 167106.67851122
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E2s37Xf9xVivsHqutt3yk4pmQU5QXD1Lbe 5956.22826857
Dt34DCafwcLtXyDSnrdkqL1g5rrDvcpUNv 5399.9
E7qtNgSwt4ZQuWW2gxtwz8BMKi6Yj9o8DT 5198.5649616
EDeVG5za3LccqfVSGKuCTQH2mzeb79K8RM 5042.9
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ECD8BFqv4ds1vNouP5rypNodfS2jxQoi43 1725.01
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The POS phase has already started: http://cryptobe.com/chain/EthereumDarkCoinYou can already open your wallet for POS. There are still people using pre-fork version 1.1.0, remember to update. I've still got no confirmation from the exchanges. bittrex and empoex have answered to my messages, but they haven't confirmed the move yet, so please do not withdraw for now. |
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POS starts on Friday at 13:00 UTC to give everybody time to update, so no new blocks for now. BTW, the blockexplorer has already been updated to the new version. |
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I've uploaded the windows version: https://github.com/liteuser/EthereumDark/releases/download/1.2/ethereumdark-qt.zipNot sure if I've been clear enough with the specs after the hardfork: POS Interest: 100% Min stake Age: 8h Max stake Age: 20 days POS Starts at block 13999 POS % interest will half every 60 days until a minimum POS of 10% (the halving starts after first 60 days) There is a maximum stake reward of 250 ETD (i.e. if your stake produces a reward of more than 250 coins then you only get 250 coins) There are currently 1535015 ETD and the premine was destroyed by bittrex: |
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I've finally push the code to github. The new repository is at: https://github.com/liteuser/EthereumDarkThe POS phase will start on Dec 5 13:00:00 UTC to give everybody 2 days to update. Please let me know if you find any issues. Your debug.log may grow since the wallet tries to generate blocks but are not accepted because of the date. You may test it and then stop it until Friday, or use reservebalance. The commit with the change is: https://github.com/liteuser/EthereumDark/commit/9dd5c4cf5169d64bd07e5d36ac4f7832282cbf22I've changed the POS so it works, added new seednodes and a checkpoint at block 13999. I'll add more checkpoints next week once the POS phase starts. I'll compile a windows executable later and will upload it. |
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A heads up to all of the block explorer hawks... I will be transferring my coins to a new wallet address the next few weeks as stakes come in. I think it is a good idea to do this every so often to increase security  Have you automated it? Maybe using S4C? |
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My guess is we won't be seeing the other promised features of this coin but that's fine.
I can fix the POS and make some other changes, but fear that I don't know how to code the anonymous features promised by the dev. |
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Please can you clarify this. Is the maximum RECEIVABLE AMOUNT of stake 250 HBN at any one block (eg a chunk of 12,500 HBN with 10 days coin age will produce 250 HBN stake) , or is the maximum size of block (chunk) which will stake, limited at 250 HBN in some way ?
It is the maximum receivable amount of stake. A chunk of 12500 HBN should receive after 10 days a stake of 12500 x 10 x 1/365 = 342 which is above the limit. If my math is correct, 9125 coins should get you 250 HBN after 10 days. (I'm assuming 100% stake. Due to HBN having NVCS this could change according to the difficulty) |
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I've been busy this week, but I've got the code working and I've compiled a windows wallet. I'm testing that everything works before uploading it to github.
I contacted bittrex and they told me that as long as the blockchain and the coins are the same they will move to the new fork. I still need to email them to confirm the details. I also need to contact the other exchanges.
I've been thinking on the specs and I think that 1h stake is too fast. If you agree I'm going to change it to 8h and a maximum age of 20 days. The interest rate will start at 100% and will be reduced by half every two months until a minimum of 10%.
Our first stake will have the maximum age of 20 days since some time has passed after the POW phase ended, but all of us will be in the same situation.
One of the few remaining things that I still need to do is to setup a seed node. After the hardfork the old nodes will be in the old fork (I doubt that EthereumDarkDev will update them) so we need to setup new seed nodes. I hope to have one ready tomorrow and after that I will upload all to github and give everybody three or four days before the POS phase starts.
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From the list of options in https://en.bitcoin.it/wiki/Running_Bitcoin -banscore=<n> Threshold for disconnecting misbehaving peers (default: 100)
-bantime=<n> Number of seconds to keep misbehaving peers from reconnecting (default: 86400) Of course 86400 seconds = 24 * 60 * 60, i.e., 24 hours. Just been patient and reading a bit sometimes works  |
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I've done some tests and the POS is fixed. The code is a clone of SYNC with some parameters changed. Specifications:
Algorithm: X11
Ticker: ETD
Est Supply: 1.4 mill (Math is a bit wrong - It's more like 1.6-7M
Max POW Height: 14k
Block Time: 60s
POS Interest: 100%
Min stake Age: 1h
POS Starts at block 8200
POS % interest will half every 30 days
I would like to ask for input from you about these parameters: Do you think that we should leave the POS interest to half or do you prefer to keep it at 100% or maybe 50%? As the code is written it halves every 30 days until a minimum of 1%. Maybe just one or two halvings are more than enough. Do you prefer to change the Min stake Age from 1h to 1 day or to leave it as is? I've set a maximum stake size of 250 ETD to control inflation. I would prefer to modify the halving of the POS interest to make the coin a bit different from SYNC. I also like high-POS coins. Once I hear from you I will commit the changes to a new github repository and request the exchanges to update. |
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- listcoins RPC call (preliminary version of coin control for RPC)
Nice command. Having some coin control for RPC is very welcomed. |
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Is this coin totally dead?
Yep, it never made it into PoS and/or beyond block 14000. Dev has abandoned it. If you're lucky enough to have your coins on an exchange with buy orders, sell immediately. Is there a way to re-enable POW to make the blocks flow again? There is a way to activate POS. In main.h unsigned int nStakeMaxAge = 0; // 0 days That is obviously wrong. We need to change it to something different such as 30 days. I've tested it and it works and generates POS blocks. The problem is that it is 1% interest instead of the 100% announced in the OP. I was changing and testing it. If we are interested in reviving the coin, I can do these changes, but they require a hardfork. It should be planned in advance so everybody has the new version with POS enabled and let the exchanges and block explorer now about it. We should give everybody the chance to update before the POS starts. That means give them at least 4 or 5 days. Also, I don't know how to compile a windows wallet, but I'm sure someone here will be able to provide a compiled version. If EthereumDarkDev is still around, he could do these changes himself, but I fear that he has completely disappeared. |
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Is it me or is the staking not working? Dev was online today.
Glad I bought some when the price dipped down, but I'm a little concerned if the staking is broken?
If anything, it's good to see a decent coin without some ridiculously high stake percent, they seem to everywhere nowadays.
I said several days ago that POS is not working, but apparently nodoby cares ... From what I can tell looking at the code the proof of stake will not kick-in till after block 14000. However, I'm not an expert on the coin code. We still have a day and a half to find out if that's the case. OP says that stake starts after block 8200 (but the code has 8209, I think). I think that POW ends after block 14000, but I am unsure about what will happen with POS then. |
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Is it me or is the staking not working? Dev was online today.
Glad I bought some when the price dipped down, but I'm a little concerned if the staking is broken?
If anything, it's good to see a decent coin without some ridiculously high stake percent, they seem to everywhere nowadays.
I said several days ago that POS is not working, but apparently nodoby cares ... |
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POS Interest: 100%
Min stake Age: 1h
POS Starts at block 8200
POS % interest will half every 30 days
Shouldn't have POS already started? We are already on block 8500, and looking at the block explorer I see no POS generation ... |
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With the upcoming new wallet release i plan to implement max PoS reward limit.
So the question is what limit should we set?
First i thought about 1000 but it looks too much to me.
I feel like it's better to set tough limit, something like 300 (HBN going to set 250 for example).
What do you guys think?
I think 300 or even 100 is better than 1000. Since nStakeTargetSpacing = 90, we have about 960 blocks each day (like HYP) so 300 x 960 = 288000 additional TRK each day. I don't know how many coins are currently created each day, but 288000 means 8.6M in a month. According to the block explorer now we have 14.8M. |
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