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Working on another solution right now. Fees will remain unchanged
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After having several farms of significant size for the last few generations of mining, I have finally switched sides and much prefer PoS now. I took a deeper look into the tech behind it and have been convinced that staking is a better idea as long as distribution was fair from mining
so you are no longer a miner? should have known this kind of Epiphany wouldnt happen while mining was profitable  either way, welcome aboard the PoS train.. now you should look at PoI instead of waiting 6 months to find out its better than pos.. lol https://medium.com/@xtester/the-new-economy-movement-fb9bb67eb9fe No I still mine, just would prefer not to |
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iGotSpots
Please take a look at my suggestion above. Hope it can solve your problem.
That's not what determines how much a transaction costs |
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Raspberry Pi Wallet
Now Available This script will download or update any dependencies
It will also check to ensure the newest source is used
Finally, fresh clients will be compiled locally on your Pi This script can be used on Linux for your desktop, too. So if you are unsure of how to compile your own clients, it might be a good first step towards learning how to protect yourself from downloading already compiled binaries from an untrustworthy source |
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Raspberry Pi Wallet
Now AvailableThis script will download or update any dependencies
It will also check to ensure the newest source is used
Finally, fresh clients will be compiled locally on your Pi |
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Keep the ideas coming, though. Inflation isn't too out of control right now, though, but I would definitely like to slow it down a little more through burning coins instead of changing stake
Then it will be fair for both small fish and whales since everyone will be affected the exact same
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That would help people that already hold, but may turn people off from buying in later. A case of the rich getting richer and all that
Things have to be fair across the board for both old holders and new stakers
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So we can only stake the one coin
I am currently staking both M and BALLS on the same device We did not charge to add HYP, but nobody showed any interest |
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Unless I can think of a totally new fee system quick that won't cause exchange problems, there probably won't be a fork. I have a lot of ideas, but exchanges are the problem with implementation
What's next on the drawing board? I was going to wait until the fork to put up a Pi wallet, but I think I'm going to get it together right now. It will auto update anyway |
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Unless I can think of a totally new fee system quick that won't cause exchange problems, there probably won't be a fork. I have a lot of ideas, but exchanges are the problem with implementation
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Thought about some solutions with coinage, too. A lot of these are possible and rather easy code-wise, but the reason we can't push them is it will really fuck up the way exchanges calculate fees
We could just raise them, but that's boring. I want an interesting idea if we are going to change something big like fees
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Not sure if we can get percentages working. There's an issue that I don't think is really worth explaining, but it would totally destroy the way exchanges handle fees. In a nutshell, it currently handles fees through both inputs and outputs, which could result in ridiculous fees, as well as a vulnerability with raw transactions that could get around paying fees at all. We won't release something that we know can be broken. Trying to think of other solutions right now
Suggestions?
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Working on a fork right now to change fees to a flat percentage. Should be out soon
And please, add Advanced CoinControl from HyperStake. We won't be doing coin control official updates. However, PeerUnity is a community project for Peercoin that added many features, which BALLS is based off of. There is a reason that we do not have it in our client, but if anyone wants to do it I will be more than happy to review the source code myself and with my fellow experienced peers before officially endorsing |
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Working on a fork right now to change fees to a flat percentage. Should be out soon
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Bittrex has always performed well for me. Richie, Ryan, and Rami are good shit, too
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mprep moves this thread, too. Are you fucking kidding me?
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Just si i understand correct.
Every time we add new coins to the wallet the stake time resets itself back to square one? Say I buy coins and send them to my wallet, the 24 hour stake time resets to the point they enter the wallet?
If so next question.
Wouldn't the daily payouts from the multipool reset the stake time? And if so then we would never stake.
The reason I ask is I had stakes showing in my wallet within 4 hours. I sent some Balls from BitTrex then the wallet stake went away. I hover over it and it says "Not staking because I don't have mature coins."
Sending coins TO your wallet has NO EFFECT on the other coins in your wallet... Only the new coins have to wait 24 hrs to begin staking. On the other hand, sending coins FROM your wallet can affect various blocks... and slow down staking. ---------------------------------------------------------------------------- Also, is the money supply growth slowing down by some mechanism? I'm showing a 20% slowdown in the last 3 days (from 10%/day to 8%/day). Is inflation control happening... or is this random? Balls are exchanging hands as weak hands dump their coins. This causes way less coins to stake on the network for that 24-48hr time period they sit on an exchange. Correct. The more that are on exchange, the less being produced from staking |
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After having several farms of significant size for the last few generations of mining, I have finally switched sides and much prefer PoS now. I took a deeper look into the tech behind it and have been convinced that staking is a better idea as long as distribution was fair from mining
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