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After reading a recent post about coins getting stolen I would like to get a HOdl security discussion going.
What is the best possible recommendation to prevent coins from being stolen?
How is it that they are stolen... does the wallet.dat file get taken and loaded onto the thieves computer or does the thief gain access to your PC and then do a transfer of coins to a wallet in his possession?
It's not like I have very many coins just yet but I would like to understand these things better so that I can properly take the best steps to protect my coins.
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So it's been suggested that we could buy a listing on Cryptopia exchange - any body have any thoughts on that?
I'm kinda wary because buying a listing on YoBit was a mistake, so don't want to make the same mistake again, but OTOH, really do need an exchange.
My first question is how much does the listing cost? |
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Without a doubt I am invested in this coin and very interested in its success. So I mentioned HODL to someone today and they asked me what about it is so special.
There is the interest earned (simple, timelocked, and bonus-for now), and I get that.
There is it being only cpu-mined so accessible to everyone, and I get that.
What else can we say about our beloved HODLcoin that people would be interested in?
What are the future possibilities of the coin?
What roles can HODLcoin take on in the cryptocurrency world?
What is it about HODL that makes it a valuable coin to have or to use?
What else to say could include how easy it is for a non-tech savvy person to download the wallet and begin mining with just a few mouse clicks. Plus that I do think possibly the biggest advantage is that the value of the coin is so low currently and so there is a ton of room for valuation in the future. |
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Yesterday, it was my stolen HODL ( 110.000 ), the thief was sold on Yobit. Therefore, many coins were dropped. It was between sunday 0:00 to 8:30 AM European time.  So sorry to hear this. Do you know how the coins were stolen? Did they steal your wallet.dat file or did they just access your wallet and do a transfer from your wallet to their own wallet? |
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You could try switching the optimizations off -
optimineraes=0 and optimineravx2=0
are you comparing 78h/s x1 on v2 against 60h/s x 4 on the new machine? You might just be seeing better performance taking up more cpu. you could try just running on 1 or 2 processors - genproclimit=1
I was not intending to compare the performance of the i7 vs the AMD processors. I mentioned the performance of the i7 to try to give some insight into the performance of that machine and yet note the freezing on the i7 regardless of whether mining was enabled or not. I did actually try using genproclimit=1 on the i7 but again the wallet (and nothing else on the machine) is freezing up regardless of mining on/off. On the AMD, I was unable to get a hash reading while 3.0 was installed because the wallet crashed every time mining was engaged so thus far I don't have anything to compare to the 78h/s on 2.0 on the AMD. I suppose the next thing I'll try is genproclimit on that one with another fresh install of 3.0. In general though, if I have to turn off the optimizations (and perhaps limit the threads) to make it work then there really is no point in solo mining with the 3.0 wallet. I'll get much better performance simply staying with the Optiminer pool (assuming it stays online after the switch). I would very much like to be able to solo mine both to support network diversity and to have a backup option when/if a pool goes down. Speaking of the optiminer pool, I've been able to successfully mine with the pool (which is certainly using the optimizations) with both machines without freezing up the machines. Am I really the only one seeing issues with the 3.0 wallet? @WiseBC you might want to take a look at https://github.com/HOdlcoin/HOdlcoin/issues/90 You're not the only one with the issue and work is already in progress to get it sorted out  I would be curious to see what your event viewer is reporting and on my box that's hanging it's an access violation error and it occurs just as the AES data is being created. |
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Im good with that, split it up. Lets move on from this.
I was a AMD man for a long time. I had the same weird problems on my noble wallet for years. it would lock up for mins at a time. Wallets would have to be loaded one at a time in a certain order to work. some wallets never liked to work together and would crash and make you delete and reload. I hate to point the finger at your chip but same stuff I was dealing with for years. My old computer burnt up I had a warranty, they replaced my AMD box with a 1699 usd cyberpc intel i7. 4.2 GHZ . this chip has real 8 core, not virtual cores like amd. its like driving a Mercedes. Ive had none of those problems. Im not suggesting you go buy a new computer. just throwing this out there for discussion on reasons why this could be happening to you. Fish
@FishMaster - It seems to not be cpu brand specific. WiseBC is having app hang issues on his AMD 6 core and I am having app hang issues on an Intel CPU. Oddly enough I also have an AMD cpu with 6 cores that is doing great on version 3 and also a different model Intel CPU that is working fine also. I have no worries and for sure the issue will be diagnosed and resolved before long. It's no oddity that new code or code changes will have a glitch or two. |
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So there was a 30,000 HODL bounty for the optimized code - I think it's 90% there - we've still got crashes on some chips using the code but I think most users are seeing much better solo mining results now, so I want to reach closure on it.
Both Optiminer and Fuzz contributed to it, so I propose to split the bounty 50/50. All those in favour say aye.
Aye aye the workmen are worthy of their wage |
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Heads up  version 3.0 source code is out! https://github.com/HOdlcoin/HOdlcoin/releases/I don't see the .exe's for Windows, Mac & Linux but hopefully those will be available shortly. Based on my reading this new fork takes hold as of block 257,000 and as of this post we're at block 241,836 so if you do the math that would mean that in roughly 27 days or so the older versions will become out of date. HOdl on my friends  P.S. Many thanks to everyone that contributed to the code necessary for this fork as well as to all those who contribute to the health of this coin! |
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Outstanding!  Right now I see the chain at block 240,207 so I'm wondering when is the correct time to update? After the pull request is merged if you're using the source, or after binaries are released if you use binaries. I just got an email alert that pull request #86 has been merged.... that means we should all update right away? |
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Please explain more. What about payout or roi?
Indeed, 166% interest rate doesn't mean 166% ROI. Can someone who understands more about this coin explain the economics here? You have 3 angles in terms of ROI and all of them are really worthwhile. Angle #1 - The coin you mine gains interest while it's locked (this may change soon) Angle #2 - The coin gains interest if it's unlocked and you lock it Angle #3 - This coin is going to gain value big time just you wait and see If you're not HOdling you're doing it wrong  ~DisasterFaster~ |
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Outstanding! Right now I see the chain at block 240,207 so I'm wondering when is the correct time to update? Thank you Mr. Free Trade & rest assured this coin is going to do very good |
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Attn: Mr. Free Trade - I completed my setup over at BitSquare and transferred some bitcoin there. I did try to buy up that $10.00 worth of HOdl that you said you put up for sale there but I couldn't push through the transaction as someone over there is sitting on a HOdl buy order for 100,000 HOdl coins. After working with the BitSquare setup and GUI I must say I prefer using YoBit by a large margin. Now with that being said I am going to suggest that you rethink your earlier comment concerning "de-listing" HOdl from YoBit. YoBit is working fine to buy or sell HOdl. The trouble is that Yobit is unreliable - so it stopped working recently when HOdl was entering a rally phase. If we persuade another exchange to list HODL, Yobit might start working again, long enough to stop another exchange from gaining some traction, and then break again. We don't know if Yobit is liquid - the wallet breaking after a few small withdrawals suggests it might not be. If they're not accepting deposits and withdrawals, you're not really trading HODL. And they didn't update with the fork last time and cause a real headache. I'd prefer a delisting - an orderly delisting would allow people to claim back their balances, but I'm not sure Yobit could even handle that. I've requested Poloniex to list HOdl but so far no luck. Do you have any suggestions of anything I could do to try and help HOdl get listed on another centralized exchange? If so let me know and I'll do anything I can to help out... |
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Attn: Mr. Free Trade - I completed my setup over at BitSquare and transferred some bitcoin there. I did try to buy up that $10.00 worth of HOdl that you said you put up for sale there but I couldn't push through the transaction as someone over there is sitting on a HOdl buy order for 100,000 HOdl coins. After working with the BitSquare setup and GUI I must say I prefer using YoBit by a large margin. Now with that being said I am going to suggest that you rethink your earlier comment concerning "de-listing" HOdl from YoBit. YoBit is working fine to buy or sell HOdl. In terms of making a HOdl withdrawel from YoBit that had been previously working but is not working more recently. I've also noticed some free HOdl coins being given away over at YoBit also. Taking all of this in and in the interest of the health of the HOdl coin we shouldn't de-list it at YoBit. I say this because #1 this is an exchange where the coin has been transacted for a while. #2 We don't know how many YoBit users have HOdl coin in wallets there. What would be much better is if we can simply work out the issue at YoBit so that the HOdl coins can be withdrawn reliably. This next bit is to Mr. Free Trade as well as anyone else who may be interested in listening to what I have been thinking about. Previously I had said I would prefer for the 1 year autolock to remain in place but after much thinking I have changed my mind and here's why. Almost a month ago when I began mining HOdl a 50 coin block would autolock for a year and at the end of that year it would be 139 coins. This represents a gain of 278%. Now as of today when I mine a 50 coin block and it autolocks for a year at the end of that year it would be 117 coins. This represents a gain of 234%. Moving forward the percentage of gain on the autolock is going to continue to decline. Now take a look at this... The first batch of HOdl I bought and withdrew at YoBit I locked for 1 year and the gain on that was 253%. The second batch gained 252% and the third and last batch gained 251%. Here again it's clear that moving forward when you willfully lock HOdl coin (term deposit) the gains are going to decline. With all that being said the threshold has been crossed. In other words we are losing coins to the autohodl. I say this because the percentage gain from the autolock is currently less than the gain from a term deposit. This means a mined block of 50 would gain us more coins a year from now if we could term deposit it vs. autolocking it. I may be missing something here and if so let me know. I do think the autolock needs to be removed or shortened to as short a time as possible. The only consideration is that the coin does need to be protected from botnet mining. I think by removing or reducing the autolock it will give those who want to lock and gain the coin a better ROI and others who want to sell as they mine can turn coins loose onto the market and this should improve the overall health of the coin as it will become more active on the market. Here again this may also improve the odds of getting HOdl listed with other crypto exchanges. |
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yobit has been working fine for me. i had a doge deposit pending for two days but that was due to a wallet resync.
with hodl coin i never experienced any problems and i aquired quite some during the last months
ahinga are you able to withdraw HOdl at YoBit? I have been able to buy HOdl but the problem has been withdrawing it. The reason I want to withdraw is to transfer it to a local wallet so it can be locked for a year to gain interest. I just now took this screenshot that shows the HOdl wallet under maintenance...  |
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Can't forget that around May 12th the coin was still rising and hit 10 cents. Not sure but it appeared the early adopters that we needed to hold to make this work didn't. They made money and moved on causing a steep decline quick. We won't know if the lock was necessary until we recover. On the other hand every single person is valuable that's involved in this coin. If we lost a big percent of supporters due to the lock then maybe that wasn't worth it either
I think maybe the autohodl period was too long. While autohodling did succeed in removing the strip miners and the pools(temporarily), it may have discouraged too many miners. Maybe a 60 days enforced hodling period would have been better. Anyway, now that Yobit appears to have gone offline, I think now would be a good time to prepare a fork, as the potential problem with Yobit has already occurred. I'll suggest an offer to HOdlers - I'll volunteer to develop the fork if the Nutocracy authorizes me to reduce the required autohodl period, but not remove it. I think removing the autohodl entirely would see the return of strip miners who simply mine and dump, removing all value created in the coin. While I know the autohodl feature has not been popular in many quarters, I think we'll find all those who have mined with autohodl are likely to be long term hodlers, more invested in the coin than strip miners or speculators. When you fork this what will happen to the coins already mined and locked? Nothing unusual happens to the existing coins. they continue to be locked or not locked, whatever state they were in before, according to how long they were locked to begin with. The fork will not change that. It will only affect newly mined coins which will now be locked for a month, or two, or whatever is decided on, at the time they are mined. In other words, if you mine coins today, they will be locked for a year automatically. If the coin forks tomorrow, then coins mined tomorrow will be locked for a much shorter time (whatever the fork says), but the coins you mined today will still be locked for a year after the fork takes effect. A coin timelock is permanent and must run its course, regardless of the duration selected and regardless of what is done to future mined coins. Thanks for the clarification on that WiseBC I appreciate it |
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Agreed on delisting from YoBit. I got 10K+ HOdl coins there that I bought and I can't move them to my local wallet for 1 year locking argh...
I got Bitsquare downloaded and am working on the setup and thanks for the heads up!
Agreed on finding a new exchange. The common masses probably won't want to deal with something difficult like Bitsquare to buy and lock HOdl coin... They need something much simpler like for instance a YoBit that was stable and dependable...
HOdl on!
Yeah, Bitsquare is interesting, it kinda acts like an elaborate escrow service. I haven't completed any trades on it yet, but the front end is refreshing user friendly and professional. If we could get CMC to use Bitsquare trading figures and volumes, it would be worth trying to shift all trading to BitSquare. Maybe we can try a trade and see if it shows up here - https://coinmarketcap.com/exchanges/bitsquare/I'm all in - I have a lot of bitcoin and my plan is to buy as much HOdl with it as possible and relock it for a year. I still don't have the Bitsquare set up yet bear with me I"m working on it... After doing tons and tons of research I am all in on HOdl coin, mining it buying it locking it and when the time is right I will market and promote it... am i crazy??? nah not at all this coin is going to go way up in value and based on my research it's a very very desirable investment and especially for the long term... On a side not I have a question... is encrypting the HOdl wallet pretty much mandatory or what is the general consensus? |
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What is happening with yobit wallet?... Still on maintenance?
Yes I just checked it. Apparently you can order and buy HOdl but you can't withdraw it. I checked with their support a few days ago on this issue and the responded and said it would take them a long time to get it fixed.  Ok, I've removed YoBit from the ANN for exchanges. Best avenue for exchanging now is probably BitSquare, but trades on there cost about $1.50 and need some setup. I think we're looking for a new exchange, and a delisting from YoBit. Agreed on delisting from YoBit. I got 10K+ HOdl coins there that I bought and I can't move them to my local wallet for 1 year locking argh... I got Bitsquare downloaded and am working on the setup and thanks for the heads up! Agreed on finding a new exchange. The common masses probably won't want to deal with something difficult like Bitsquare to buy and lock HOdl coin... They need something much simpler like for instance a YoBit that was stable and dependable... HOdl on! |
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What is happening with yobit wallet?... Still on maintenance?
Yes I just checked it. Apparently you can order and buy HOdl but you can't withdraw it. I checked with their support a few days ago on this issue and the responded and said it would take them a long time to get it fixed. |
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Can't forget that around May 12th the coin was still rising and hit 10 cents. Not sure but it appeared the early adopters that we needed to hold to make this work didn't. They made money and moved on causing a steep decline quick. We won't know if the lock was necessary until we recover. On the other hand every single person is valuable that's involved in this coin. If we lost a big percent of supporters due to the lock then maybe that wasn't worth it either
I think maybe the autohodl period was too long. While autohodling did succeed in removing the strip miners and the pools(temporarily), it may have discouraged too many miners. Maybe a 60 days enforced hodling period would have been better. Anyway, now that Yobit appears to have gone offline, I think now would be a good time to prepare a fork, as the potential problem with Yobit has already occurred. I'll suggest an offer to HOdlers - I'll volunteer to develop the fork if the Nutocracy authorizes me to reduce the required autohodl period, but not remove it. I think removing the autohodl entirely would see the return of strip miners who simply mine and dump, removing all value created in the coin. While I know the autohodl feature has not been popular in many quarters, I think we'll find all those who have mined with autohodl are likely to be long term hodlers, more invested in the coin than strip miners or speculators. It's a good idea but 60 days is a bit short - maybe 90 or 120 days would be better to hold off the strip miners. I really like the 365 day autoHOdl but if it must be shortened I say shorten as little as possible to prevent botnet mining. Also, on a side note it seems there will only be 80 million coins released for mining. Question is how many of those have already been mined and how long will it take to mine the remaining balance? We must consider that also because if there is only a year or 2 left to mine these coins I say all the more reason to love the auto hodl and stop whining and get to mining LOL! |
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Can't forget that around May 12th the coin was still rising and hit 10 cents. Not sure but it appeared the early adopters that we needed to hold to make this work didn't. They made money and moved on causing a steep decline quick. We won't know if the lock was necessary until we recover. On the other hand every single person is valuable that's involved in this coin. If we lost a big percent of supporters due to the lock then maybe that wasn't worth it either
I think maybe the autohodl period was too long. While autohodling did succeed in removing the strip miners and the pools(temporarily), it may have discouraged too many miners. Maybe a 60 days enforced hodling period would have been better. Anyway, now that Yobit appears to have gone offline, I think now would be a good time to prepare a fork, as the potential problem with Yobit has already occurred. I'll suggest an offer to HOdlers - I'll volunteer to develop the fork if the Nutocracy authorizes me to reduce the required autohodl period, but not remove it. I think removing the autohodl entirely would see the return of strip miners who simply mine and dump, removing all value created in the coin. While I know the autohodl feature has not been popular in many quarters, I think we'll find all those who have mined with autohodl are likely to be long term hodlers, more invested in the coin than strip miners or speculators. When you fork this what will happen to the coins already mined and locked? |
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