Thanks Unick!

I put this on my release page:
https://github.com/Tranz5/bottlecaps/releases

When coins do get staked they move from balance to stake. Then after 25 confirmations they move back to balance. So they are only in the stake field for a short time.

Yes I was going to ask Unick to make one, just as soon as the fork is complete. So just in case there are some code changes, I won't have to bug him twice.

The code is set for 07/04/2014 07:04:14 GMT. So that is approx 3am EST or about 12 hours from now.

Good information above. I can also add:

The custom change address will send the remainder(if any) of the blocks you are sending, to an address of your choosing. This address could be your own, or a friends.  If this is not chosen, the wallet will use one from the pool (saved in wallet*.dat) or generate a new one.

Currently in version 1.4- you may need to combine inputs into a larger set, after many months. Versions 1.5 will control this more efficiently for the user.  Expected release is Q3'14.

There is no way to combine and send coins to another address without loosing your coin days.

Some good analyses here.

One thing to keep in mind in regards to inflation and block time, is that both HBN and CAP (not sure about TEK) have a degrading stake based on difficulty. Since HBN is 30 seconds and CAP is 1 minute, the difficulty for CAP should increase twice as fast as HBN, thereby decreasing the PoS reward and slowing inflation, at a faster pace (perhaps not supply) as HBN.

All in all it should be interesting to watch.

I think this will be the first I am looking forward to July 4th, since being a child. Although the fireworks will be a bit different this time. 

Very true. I still have 30% of people on version 1.3.

I can not control the price. The network is very healthy, the wallet is working good. The price is a reflection of the community involvement.  One person a community is not.

The price is not as important to me as some.  If we tank we tank, if we sky rocket great. But my plans won't change either way.

Yes I think that is one thing that will be added.

Beauty is in the eye of the beholder. I think they compliment each other. They both have different strengths and weaknesses. But I am interested in other people's opinion as well..

Unick controls blockx, he is out right now. We have another at http://162.217.249.198:1080/chain/Hobonickels curtsy of Ghostlander

PoS orphans retry themselves, no coin days are lost, and when they do stake you get an increased reward.  

Use the menu options wallet->repair wallet. It can take a min or so if there are a lot of transactions, so be patient.

You can use the start up switch -maxconnections=100 or put it in your config maxconnections=100

Looks like you guys are having some fun here.  

I haven't read through this thread just skimmed the last 10 pages or so. But I wanted to put out a few ideas.

First off regarding inflation and moving towards PoS.  Looking at the number of coins out there and the current trading level, this coin is getting close to 1 satoshi, which is something you would want to avoid. Granted you can always move to trading in the LTC market, but still not the best for longevity.

So with that in mind, I would choose an PoS rate that would actually lower the inflation. This can be done by choosing a percentage that is not too high, but not so low as to discourage people from staking. Maybe somewhere in the 10-25% range, not totally sure as I haven't run any numbers on it.  It would also be good to make the stake weight start at a 5 days or less. This would allow more coins to stake consistently and help push the PoW difficulty up higher so there would be less PoW and more PoS. Also a max reward for PoS should be put into the fork.

I think you may also want to do this in phases. The first phase I would personally do would be to fork with a checkpoint server in place. This will stop the 51% double spend attacks, and when the fork for PoS happens, it will help to keep all clients on the same chain. You could turn it back off later, after the coin is stable again.

Also I took a quick gander at the code base. And this was forked off an older version of bitcoin, which is actually good. It should fit much nicer with the current PoS fork of PeerCoin and the like.

I am happy to answer any questions from certain devs ( you know who you are   ), if something in the code doesn't make since.  I may be able to, if I have time, peer review(Q/C) any changes before they go live as well.

Anyway good luck on your project!

Weight will not reset, it will go up, and more coins will become eligible as well, since the start date moves up by 15 days.

Basically right now PressTab running the homepage, and Unick and ghostlander running the block explorers are services to HBN. They require money to run, and time to up keep.



I also want to say the HBN network is growing very nicely. I have no issue grabbing 50+ peers, about 2 hours to get to that point, and to get to 100+ doesn't take more then a full day on the network.

Also the staking difficulty is starting to move up nicely. We recently had difficulty of 0.00414508, which also pushed down the stake % to 98% yearly ROI.  I expect it will be back down into the .0039 before too long and back to 100%, but the network is growing, pretty much as planned.

As I suggested we should see the stake diff stay constant in the .004 -.006 range here in the next year or so and the stake % down to 90 ish.  

Once the hard fork for CAPs is complete, and that network looks to be doing well. I am going to begin work on 1.5. So if you have any suggestion or bug reports, please let me know.

Well the website in question should also have a "We accept HoboNickels" and/or a HBN link to the homepage.  Otherwise that page, as nice as it is, doesn't really qualify for a HBN service or charity.

But thanks for asking..

Basically if it is not a true charity, or that service you are giving for HBN is not a true service. Like simply mining, or just liking on facebook, ect. Then I don't think there will be a place on the website. Also anything that has fee for service, such a pool, really aren't eligible either.

But otherwise everyone is encouraged to apply.

Both are based on NVC code where as the staking difficulty rises the % of stake reward goes down. So it can fluctuate up and down. 200% is base and 1% is min.   

 Also this is 15 days for min weight.

It is 2.1, I put both there.  I'll remove 2.0 now so there is less confusion.

Edit: I created a new release for 2.1. That should keep it more organized.