Another windows user here. Windows 7 x64, 3ghz 6 core processor 8gb ram. Not really a slow machine. Splash hangs for literally several minutes, then finally crashes.
First I've heard of anything like that...I've never seen you in this thread before either... Send me the crash message or log, or a screen shot and I'll look into it. The splash screen on my client also stays around for a long time (around 60 to 90 seconds). Win7-32. AMD 3core 2.8mhz 8gb RAM. but an SSD as well. This old machine has around 20 qt clients for different coins (but I don't run them all together !!) I have made a clean install on a faster machine i5 Win7-64 etc.. and hang is around 30 secs. |
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anyone else that have a slow responding cgb client? after last update it takes a lot of time before the GUI is responsive... no probs with other wallets btw
keep up the good work!!
Depends on what you mean with this. I have no issues with the client. Yes, I found that the blockchain takes around 3-4 hours to download now.. (I am using 8 to 16 MB download). I have had to download 3 times to try to resolve a checkpoint problem (still not right yet, but merc. suggested something which I will try tomorrow). When I download next, I will do so with no interruption, on a desktop computer running no other tasks. |
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Version:
v1.1.6.4-gdf9d55a-cg
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I still have the 'Checkpoint too old..' message, after downloading the entire blockchain 4 times. Each time I deleted a different set of files (as per instructions) leaving the wallet.dat alone or some others as well.
I am using the Windows daemon , running from a folder on my desktop. Any other suggestions ??
Firstly backup up your wallet.dat. Then delete 'everything' in appdata/roaming/CGB and do a fresh install. Let the 'whole' blockchain download without using your backup wallet.dat. Close your client. Now replace the new wallet.dat with your backup copy. Run client. Thanks. I will try that when I have time for the whole download at once (taking around 2 hours at present) v1.1.6.4-gdf9d55a-cgb Just to be sure you are downloading the newest version, what version does it say when you go to Help->About CryptogenicBullion? |
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I still have the 'Checkpoint too old..' message, after downloading the entire blockchain 4 times. Each time I deleted a different set of files (as per instructions) leaving the wallet.dat alone or some others as well.
I am using the Windows daemon , running from a folder on my desktop. Any other suggestions ??
Firstly backup up your wallet.dat. Then delete 'everything' in appdata/roaming/CGB and do a fresh install. Let the 'whole' blockchain download without using your backup wallet.dat. Close your client. Now replace the new wallet.dat with your backup copy. Run client. Thanks. I will try that when I have time for the whole download at once (taking around 2 hours at present) |
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I still have the 'Checkpoint too old..' message, after downloading the entire blockchain 4 times. Each time I deleted a different set of files (as per instructions) leaving the wallet.dat alone or some others as well.
I am using the Windows daemon , running from a folder on my desktop. Any other suggestions ??
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I upgraded to 1.1.6.4 and get the message 'Checkpoint is too old. Wait for block chain to download or notify developers'
Is that normal behaviour?
Did the whole blockchain download? If not, let it download and if the warning is still there, do the following: Close your client and go to your AppData/Roaming/CryptogenicBullion folder. Delete blk0001.dat, blkindex.dat, and peers.dat in your data folder. Do not touch the wallet.dat file or else you'll lose your coins.Then restart the client and you should see the client downloading the blockchain. Sometimes, for whatever reason, the client won't cleanly download the checkpoint data, so that's why you're seeing the warning. I have downloaded the entire blockchain 3 times now (after deleting the files you indicate, and also trying deleting all but the wallet.dat). I still get the 'checkpoint too old..' message.. Using client 1.1.6.4 of course. What would you suggest ?? |
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Thought I would stop by and share some good news with the CGB community: New line of black CGB shirts will be in-stock in less than 1 week and the physical CGB bars made of .999 fine silver will be in-stock in 2-3 weeks (the security hologram stickers just came in)   I like the idea of a One Ounce bar of silver - I would have *really* loved to have seen a silver bar version of the splash screen image with notches taken out the side - Like a tangible cyber 'key' for the digital age. how much CB would you need to hold to be considered as a stake holder?
like 10000? I'm pretty sure there aren't many new people that have that much CB. Even some of the early adopters don't have that much
Would 1% of 1% be considered a minor (non pun intended) stake holder? (that's 100 CGB BTW) - Just to put it into perspective 1% of 1% of all the BitCoins (some 12Milion) would be 1,200 BTC or some $300,000 - give or take) Yes. 1% of 1% is a minor stakeholder. |
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The CGB price has been very low lately, is that only due to high Bitcoin price, because it seems a lot lower that that raise in Bitcoin price should have brought on.
The low price is due IMO to insufficient holders willing to buy more. A very wide adoption is essential : the current larger holders need to be willing to spread the units around to new adopters with the incentive to buy and market more. The price could fall to a level where a new large buyer is interested, but only if enough stake is available. This is a confusing statement, or it's worded confusingly. The price is lower and there for the taking in the open market. So you want current holders to sell their stake rewards to push down the price further? PoW mints about 1600 CGB per day and it'll get cut in half in about ten days, minting about 24k the following 30 days. Plus, any spike in BTC (or even LTC) will have a negative effect on the rate. And as I said before, this isn't a sprint, it's a marathon. I mine CGB with about 6mh currently and I'll send coins to my cryptsy account on autosell instead of to my personal wallet if you seriously think that'll help for the long-term, although it'll be seriously painful to do it. If your point is that it's difficult for people to build stake because of the thin sell side then I suppose this will help. Let me know your thoughts on this... Perhaps confidence in CGB has been shaken given BTC's rise and many people are waiting for some results from devs before they exchange their BTC for CGB. Well, in that case, I don't blame them and I'm working on it. But I won't rush results either because the exchange rate is depressed--the rate will take care of itself in due time. And the longer the rate is depressed the better it is for the long-term, which is consistent with (at least) the sentiment of your post. But if I were a betting man, I'd bet it won't stay depressed for too long... The thin sell side is only a problem if there is a potential dynamic buyer (new blood, strong hands) who wishes to acquire a significant stake. My point is that more distribution ( simply more different holders) will help. I would think autosell is not going to help either distribution or big stakeholders. You are doing a good job as dev (and whatever other hats you are wearing): I think you need more clones of yourself ! In due course, fresh news and publicised projects will inspire some new investment. My point about larger stakes is that these are most effective if targeted in private placement to someone who has the power to further the project , and not just to speculate on the price, which tends to happen in exchange trading. |
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The CGB price has been very low lately, is that only due to high Bitcoin price, because it seems a lot lower that that raise in Bitcoin price should have brought on.
The low price is due IMO to insufficient holders willing to buy more. A very wide adoption is essential : the current larger holders need to be willing to spread the units around to new adopters with the incentive to buy and market more. The price could fall to a level where a new large buyer is interested, but only if enough stake is available. |
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There is plenty of information and discussion about PoS : PPCoin is of course the currency with longest history in PoS..
CGB has good developers who are endeavouring to make the best decisions at an early stage of what is, after all, still experimental software.
I really am not qualified to pronounce on the technicals, but it seems to me that a network composed of a very large amount of 'dust' ie vast numbers of users each with low hash power, is the most secure for either PoW or PoS.
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Apologies if this is a silly Question (I am not a technician):
If I have 2 QT clients on separate PCs running the same wallet addresses, does that increase the generation rate of my PoS blocks ??
Is 2 clients on separate PCs the same as adding the processing power of the 2 computers ?
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Proof of Stake discussion worth reading, with application to CGB. https://bitcointalk.org/index.php?topic=316813.0Certainly an increasing distribution is essential. This is also a good time to pick up more CGB on the market, whilst attention is on Bitcoin. The capitalisations of alternative currencies are being skimmed-off by BTC speculation money. |
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Sometimes when you make transactions your client will automatically create new addresses and split your funds between them. Why it does this I have no idea, maybe someone else can explain this.
This is why I recommend manually sending from a particular address, as one of your addresses may have a larger amount of funds held in it which you don't want disturbing, because from what I understand, stake will be reset to zero days if your wallet moves funds from it.
This is because an 'Input' amount of coins in the (or any) blockchain cannot be partially spent. Each incoming transaction in your wallet addresses is treated by the blockchain as a separate unit. You can send one (or more) out in total, and receive 'change ' if needed, in a separate address. If you wish to spend coins exactly matching some combination of your original inputs, the 'change' address is not required. |
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There is a subtle balance between being a storage medium of value and a liquid currency. We're constantly trying to find that sweet spot, but we have marketed CB as something that tends to be more rare storage of value than currency. I think things will be much more clear in the next 1 - 3 months as we start to roll out our project initiatives. And you can stay in touch with these initiatives on our blog at http://CryptogenicBullion.org/blog.html. -Merc You certainly seem to have some understanding, as well as (even more importantly) an ability to adapt and learn from real-time evolution. There are a surprisingly large number of seemingly insignificant factors which can have huge effects on the life of a coin at sensitive stages. |
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There isn't pretty much any big amount that is on the sell side right now  Yes, but if there was, we could infer the price to be stronger. That is the irony of the market book...A big sell-side gives credence to the price underpinning it... The market looks thin in classical terms, but this is an interesting experiment in accelerated mining subsidy reduction, a stable coin control, and PoS. We shall see the results in a few months. I am sure the capable development team realise that a widespread desire to hold and use the coin needs constant incentive. |
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7.5 months to go before subsidy is at it's lowest. (right?) I'm sure the price will be through the roof by then It's more like 5 months. The halving of reward is coming every three weeks atm. |
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Block reward:
Perhaps someone can clarify: When is the next Reward halving ? First happened after 55k blocks,2nd after 95k blocks.
Block reward halves again after block 145k. Block # 145,001 will be 1.25 CGB. Here is the schedule:  Thanks for that. I see now it is just a variation in the groups of block numbers (from 50000) required to mine precisely 1m coins. |
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Block reward:
Perhaps someone can clarify: When is the next Reward halving ? First happened after 55k blocks,2nd after 95k blocks.
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Of course you will realise that Mods cannot be unbiased. Everyone in the CryptoCurrency world supports particular coins, although their loyalties change now and then.
However, I think last night on Cryptsy was partly the result of an inexperienced moderator.
There are a few posters who are only there for stirring trouble, added to the multiple aliases and coin pumping, thats a complex brew !
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