Recommended Block Size - 1,000-4,000 HYP (see tutorial for splitting blocks)
BLOCKS LESS THAN 1000 HYP WILL TAKE MUCH LONGER TO STAKE BECAUSE OF HIGH DIFFICULTY
For small blocks, consider joining our staking pool, HyperPool
_______________________________________________________________________________ __
The smallest block that will max out at 1000 HYP at 30 days is 1623. I see no reason to have blocks smaller than that. Even with the recent increase in difficulty 2 of my smaller blocks of ~1700 staked in the last few days at ages of 15 and 17 days. My oldest block was 3000 HYP and staked in 32 days after maxing at 1000 HYP in ~17 days. Obviously there is variance and any one person's experience is not indicative of what to expect. https://bit.ly/hypsizeNo reason to have less than 1600 - you can't hit the wall at this blocksize in 30 days. And after 30 days, you stop accumulating weight anyway so if you did not hit the wall at day 30, you never will. |
|
|
|
Is it possible to join the Slack group? There is no Slack group for Monero. Maybe you confused with the Slack group for HyperStake, which is completely unrelated to Monero. |
|
|
|
2. Regarding Shadow being invisible on the blockchain I was curious about the XMR explorer. What does it explore? Transaction, but you cannot know the amount of XMR sent because transaction obfuscate the actual amount. So, when you see a 100 XMR transaction, all you can say is that that the sender has more than 100 XMR in its account. And then it is my understanding that you would face the same issue as Monero: no (scalable) B2B infrastructure for CryptoNote exists yet. Would you please mind elaborating or explaining in simpler terms what a B2B infrastructure is? Business-to-business. Payment processors, automation... I was (and am) curious about who Techovert is and what he might have done before.
Unfortunately (but fittingly) he remains a complete mystery and has made no appearances in IRC or BCT as far as I can tell. Typical cryptographer behaviour  |
|
|
|
|
I like of the present price activity doesn't pollute the thread. Nice (won't last, trollers will trolls).
jehst: none that I know of
|
|
|
|
|
I have high expectations from Rofo, and still he manages to positively surprise me again!
|
|
|
|
Now that we have mymonero.com and MEW voted on the emission curve, it is time to market Monero a bit more. It is still too early for merchants since we don't have a payment processor but we can already prospect individuals. MEW ( what is MEW?) is setting up a Monero Marketing Task Force. For the moment at least, you must be member of MEW to participate (access starts from 50 XMR to become lifetime member). We may consider opening a public thread but nothing for sure - there are arguments both for and against a public thread. What we are already considering: - documentation (monerobase.com is a good start) - contacting important twitters (not pumpers) and writing articles preferrably out of Cryptoland. - increase our visibilty in the Chinese community. Due the capital flight restrictions in China, Monero is far better than Bitcoin. Sales pitch accordingly. Monero Marketing Task Force |
|
|
|
- The actual chances of winning depends on the number of tickets. The more tickets, the less chances of winning so the less new HYP you'll get, which is how HYP controls inflation When I first read the bolded I took it to mean the number of tickets a person has since that is the perspective of the other points. Obviously this can't be correct and being that I am familiar with HYP I know this and was only confused for a short time. May I suggest you clarify the point and say something like "The actual chances of winning depends on the total number of tickets everybody has.". Yes, the last point should be slightly elaborated. Your personal daily chances of winning depend on the proportion of the total number of your tickets to the total number of all active tickets, i.e. blocks in all wallets that are actively staking. If you have a fixed number of tickets, and the total number of all active tickets rises, your chances decrease. If the total number of all active tickets remains fixed, but you have got more tickets, your chances go up (you'll get a bigger number of wins respectively). It's also important to emphasize that this lottery guarantees you a win (up to 1000 HYP) sooner or later, if you have an appropriate (for a given moment) block size. I changed for this: - Your actual chances of winning depends on the ratio of tickets you have compared to the total number of tickets everybody has. If you keep staking and bon't buy or sell, you "run for standing still", that is your chances are always the same. But if you stop staking or sell, you have less chance to get win, because the coin production continues whilst you have relatively less tickets. On the opposite side, if you buy, you increase your chance of winning, since you increase your ratio. Better? Notice I removed the inflation control part, I did not know how to place it. |
|
|
|
I just donated the following: - 1 XMR to the 1000 USD party fund (if/when XMR reaches 1000 US dollars per XMR)
- 10 XMR to the 100 USD party fund (if/when XMR reaches 100 US dollars per XMR)
- 100 XMR to the 10 USD party fund (if/when XMR reaches 10 US dollars per XMR)
So I basically donated 3000 potential dollars for partying Who said XMR people are boring? You don't know about this fund? Then check on the official Monero forum (and follow instructions regarding amount and especially payment ID) |
|
|
|
My guess is that the GUI will be released if we have a stable DB, without a stable DB it doesnt make any sense to release it. Confirmed. test-drive instructions |
|
|
|
3. My understanding is that XMR does not use a blockchain db. Working out your db structure I bleieve is why you're still developing the gui wallet. In any case what are the implications (pros/cons) re the differing db structures This is a consequence of the unfinished Bytecoin code that we inherited, not a design decision. We are actively working on a DB (LMDB, to be accurate) test-drive instructions. The scenario you describe is clearly better than frequent conversions back and forth, but not as good as everything being done with shadow exclusively. In order for that to happen every merchant, exchange, etc. needs to support it directly, and you also need to be willing to except the higher inherent costs of transactions. And then it is my understanding that you would face the same issue as Monero: no (scalable) B2B infrastructure for CryptoNote exists yet (the official GUI wallet will take care of this, FAQ entry). |
|
|
|
If you have nothing to hide can you please post all you email addressees with their usernames and password, I'd also like to peruse your bank account transactions, so can you also include your online bank login details... While you're at it can you post your social networking details and open them up to the public (Facebook etc)... Also throw in any other personal details you can think of i.e details of family members, your medical history, your home address, where you work etc...
Don't worry I won't steal any money, I just want to know everything you're doing and all your past personal history...
You can call me Mr Facebook and I may sell this information to companies you would not want to have it 😉
I think you see my point! Privacy is a right for good reason.
If you post these details I'll believe you really have nothing to hide, if you don't I'll believe you have come to realise how much your privacy means to you.
To add up on you: http://www.reddit.com/r/CryptoCurrency/comments/2nu9rg/darkcoin_anoncoin_shadowcash_monero/I truly believe privacy is much more than illegality. Countless studies proved that people behave differently when they know they might be watched. Sure, it means they will think twice before committing heinous acts, but it also means they will think twice before acting freely.
Privacy is not about drug. It's about freedom. |
|
|
|
Monero has a comfortable first position (21% more voices than the number 2) |
|
|
|
JFYI, the 2 bolded links are the same. The last one links to the right subject, the first not. Corrected, thank you. I also updated What is openalias? to mention that it is supported by MyMonero and How can I help/donate/contribute? to mention the openalias address (I also rephrased this question to increase chances people who wish to donate find it with ctrl+f). |
|
|
|
hi guys
i read and found that hyperstake only pay 1000hyp max stake bounty so if i purchase a coin from someone and put it on stake but he has already got 1000hyp on that coin so will i get bounty again or not on that particular coin??
if i get bounty again than inflation is not controlled i think and if i am not getting bounty on my coin than i guess its not fair!!
hoping to hear from you soon!
You'll get up to 1000 HYP from your coins again and again. Inflation is controlled because there are thousands of people like you willing to get the reward, but only ~1000 winning chances per day, it's like a lottery where more lucky holders (with bigger block sizes) win. So this coin has steady emission of 700 000-900 000 HYP per day, just not to be unfair) I like the analogy, I think it will help newcomer understand better how HYP works (and thus, make the more interested into it and thus increase the visibility and hopefully the volume). So let me improve on your already nice writing: See HYP staking as a lottery with 960 winning chances per day (one every 90 seconds). With this particular rules - Each of your "tickets" (blocks) have one chance to win every 90 seconds - If it wins, it cannot win again for 9 days - If it wins, you get up to 1000 more HYP - If it loses, it increases its chances to win the next time - The more "expensive" the ticket (the bigger the block), the more chances to win - Your actual chances of winning depends on the ratio of tickets you have compared to the total number of tickets everybody has. If you keep staking and bon't buy or sell, you "run for standing still", that is your chances are always the same. But if you stop staking or sell, you have less chance to get win, because the coin production continues whilst you have relatively less tickets. On the opposite side, if you buy, you increase your chance of winning, since you increase your ratio. This presentation voluntarily avoids any details about chances of winning, and amount of HYP rewarded. If someone wants to know this, this person is already hooked. It also avoids any explanation on how it secures the network (this is here: Network security and why it matters). Please mention any oversight; |
|
|
|
As a reminder for any one willing to test drive the DB. And Merry Christmas! Updated version. Step 5, 6 should be temporary and 7 should eventually not need sudo. This tutorial requires using the terminal and is for an Ubuntu-based Linux (it requires ppa, so won't work with other Debian-based). 1. If no previous non-DB version of Monero exists on this machine, install monero and choose option 1 then y (this is just for installing the dependancies) - download the blockchain (long) cd ~ && rm -f install_monero.sh && wget https://raw.githubusercontent.com/Quanttek/install_monero/master/install_monero.sh && bash install_monero.sh 2. Close bitmonero and simplewallet 3. Run this command. It will install liblmdb-dev and libunbound-dev and grab only the code you need (a variant of the code on a different directory, so it won't delete your working monero) sudo apt-get install libunbound-dev liblmdb-dev && mkdir -p ~/bitmonero-testing && cd ~/bitmonero-testing && rm -rf bitmonero && git clone https://github.com/tewinget/bitmonero.git --branch blockchain --depth 1 4. compile cd ~/bitmonero-testing/bitmonero && make 5. back up your blockchain cp ~/.bitmonero/blockchain.bin ~/.bitmonero/blockchain.bin-backup 7. [WORKAROUND] create /home/user/.bitmonero (no need to be an user, just the folder) sudo mkdir /home/user/ && sudo mkdir /home/user/.bitmonero 8. [WORKAROUND] copy the blockchain here sudo cp ~/.bitmonero/blockchain.bin /home/user/.bitmonero/blockchain.bin 9. Convert the blockchain with the new aptly-named "blockchain_converter" cd ~/bitmonero-testing/bitmonero/build/release/src && sudo ./blockchain_converter 10. Wait several dozen of minutes - you won't see anything, that's normal. If you want to check it is actually converting, open a new terminal and type top. The blockchain_conv process shall be consistently on top. 11. Start daemon and wallet, try some small transactions. Check the CPU and RAM also Use testnet, not mainnet. Better safe than sorry. Also, I have this issue so I can't go any further: sudo ./blockchain_converter
block 0/364155 (0%)
Error adding block to new blockchain: std::exception |
|
|
|
Whoever is in charge of forkguard should consider filling some information on Monerobase (this is not an official wiki and this statement is personal, not an endorsement by the core team) https://monerobase.com/ForkGuard |
|
|
|
XMR is a good anonymous POW coin, SDC is a good anonymous POS coin Let's be friends, XMR guys  Cryptonote protocol is unites us How about discuss SDC on your own thread, and discuss XMR here The reason why he posted here is because there are some people bashing Monero on the SDC thread. I suppose he kind of wants to apologise for the behaviour on the SDC David "assume good faith" Latapie After much discussion and such, it is take to vote on emission curve. This is ONLY for MEW members (you can apply if you want). For technical reasons, you can access the link without being a MEW member but your vote will not be taken into consideration. Also, discussions on this thread will be moved to the dicussion thread or deleted XMR emission, actual votingI can still make some changes on the wording (or the closing date) if you want - but the options for voting are not negotiable anymore. Yay! Go core team go! Even though the MEW votes are non-binding for the core team, you may appreciate that so far, votes are unanimously against changing the emission curve. The total number of voices in MEW is presently 7627 A total of 4070 voices have already been given to option 1 - no change. This is 53% of possible voices, so even in the highly unlikely case that all remaining voices went to option #2, option #1 would stll be selected because it already have absolute majority. The vote is still ongoing, since I wrote that it closes on the 31st of December, but this is mostly symbolic. So, this is official: MEW asks for the emission curve not to be changed. And since the core team already thinks the same way, I can safely announce that: Monero emission curve will not change. MEW locuta, quaestio soluta |
|
|
|
|
In order to have a new Most Esteemed building, we need four more Esteemed building. Here's my list, thanks to the Prince of NewLiberty:
- Old City Walls
- Central Obelisk
- Royal Palace (including garden)
- dare I add the Episcopal Palace? I am obviously strongly biased here. There are honestly so much other good candidates for the fourth slot that I could not choose if asked to choose something else than Episcopal Palace
|
|
|
|
hi guys
i read and found that hyperstake only pay 1000hyp max stake bounty so if i purchase a coin from someone and put it on stake but he has already got 1000hyp on that coin so will i get bounty again or not on that particular coin??
if i get bounty again than inflation is not controlled i think and if i am not getting bounty on my coin than i guess its not fair!!
hoping to hear from you soon!
You get max 1000 per cycle. When you move your coin to your wallet, you initiate a new cycle, so you'll get your bounty. Make sure to purchase at least 1600 HYP (you may stake after 35 days with a 1600 block or get lucky and stake after 10 days. The higher the amount of HYP in your block, the better https://bit.ly/hypsize |
|
|
|
|
Show Posts
