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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NPT] Neptunium | Cryptonight PoW | Secure, Anonymous and Community-focused
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on: March 27, 2016, 04:24:53 PM
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What do you guys think of a faucet?
What if I want to host a node, pls send me an instructions or...somethin Just trying to be kind... You can do the following: 1. Run a wallet daemon on your PC 2. Rent an online VPS. To run a VPS: 1. Go to an online service provider like vultr.com (they accept Bitcoin as payment) 2. Create a Linux server 3. Install the dependencies 4. Compile the code 5. Open the daemon port on your firewall 6. Run the daemon ...dat extensive Alternatively someone can set one up and you just do the rental payment.
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1604
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MANDATORY UPDATE RELEASED POSEX PEX HIPOS [ANN]
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on: March 27, 2016, 10:30:55 AM
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ROUGH ESTIMATES USING SIMPE MATHEMATICSExample, we have at least 1868 + 900 = 2768 PEX at block 20k, if we neglect 5% POS rewards.For blocks 20k - 30k, we have 10k blocks at 10,000% POS 10000% ANNUAL POS = ~27.3% daily POS (ROUGH ESTIMATE)30 seconds per block = 2 blocks per minute = 2 x 60 x 24 = 2880 blocks per day 10k blocks will be covered in 10000/2880 = 3.47 days Using linear ESTIMATES (THOUGH THIS IS NOT CORRECT), coinage at block 30k will increase by ~27.3% x 3.47 = 97.7% Assuming a linear relation ship, coinage will increase in this fashion: Block 30k = 97.7% Block 40k = 97.7% x 0.9 = 89.9% Block 50k = 97.7% x 0.8 = 78.1% Block 60k = 97.7% x 0.7 = 68.3% Block 70k = 97.7% x 0.6 = 58.6% Block 80k = 97.7% x 0.5 = 48.8% Block 90k = 97.7% x 0.4 = 39.1% Block 100k = 97.7% x 0.3 = 29.3% Block 110k = 97.7% x 0.2 = 19.5% Block 120k = 97.7% x 0.1 = 9.7% Lets stop at block 120k for simplicity, because all POS below 1000% is considerably less. ESTIMATE increased coinage at 120k, neglecting additional POW blocks = (1.977 x 1.899 x 1.781 x 1.683 x 1.586 x 1.488 x 1.391 x 1.293 x 1.195 x 1.097) x 2768 = 62.616 x 2768 = 173,321.3 PEX. This is just a ROUGH ESTIMATE.By block 120k, if we neglect POW, we should ideally have over 150k PEX. up to block 200k, NEGLECTING POW we could estimate: 1.09 x 1.078 x 1.068 x 1.058 x 1.049 x 1.039 x 1.029 x 1.0195 x 173.3k PEX = ~1.5 x 173.3k PEX = ~ 260K PEX So we should expect a total coinage of over 250k PEX created by POS + ~19K PEX created by POW We know that POW mined coins will also stake during the period, so we could expect to see up to 300k PEX after the HIPOS What you have calculated is coin supply or money supply not coinage. Coinage is the time that coins are in your wallet. Coin/money supply is the total number of coins in circulation at a given time. Now that I understand you asking what is the total money supply it is still not possible to calculate with any accuracy. Since POS is percentage based you have to make assumptions how many coins will be staked. it is easy to calculate POW only or POS based on fixed rewards. If 1 coin is staked all the time the impact on total money supply will be immaterial. If all coins in circulation are staked all the time, then the impact on money supply will be material. This is amplified by the 1000% POS rates. The more coins are staked at those percentages the higher the moneysupply will become. It is just not possible to calculate with any accuracy. You could calculate the maximum extremes to all sides and know the answer is somewhere inbetween. Then you can calculate probabilities of outcomes inbetween and get to an answer with some % of confidence.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MANDATORY UPDATE RELEASED POSEX PEX HIPOS [ANN]
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on: March 27, 2016, 08:57:19 AM
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I am not a coder.
I just want to know about an ideal situation, assuming their was no stake age, assuming this was a purely mathematical thing.
For example, with BIGUP coin, 100% POS could double your coinage after one year.
This is an easy example, but I ask for help, because our case is more complicated.
Posex is complicated in that POW block time is 30s and POS 10s. Currently, the block explorer indicates 99% of blocks coming from POW and 1% from POS. This can be attributed to people holding back and gaining network weight. Once the high POS starts, people will open the POS and then there should be 10s and 30s blocks from POS and POW mixed. This complicates the calculation to determine how long it will take to reach block 200k. You can calculate that, assuming this rate is maintained, by drawing a timeline and plotting the POW and POS blocks and determining the time when block 200k will be reached or alternatively work out a fancy formula. If all blocks are POW, 200k will be reached in 69 days starting from scratch. With POS added it will be less.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MANDATORY UPDATE RELEASED POSEX PEX HIPOS [ANN]
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on: March 27, 2016, 08:13:01 AM
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CAN ANYBODY DETERMINE TOTAL COINAGE AT BLOCK 200K ?
It is not possible to determine it because coinage is the time coins have been in an address in your wallet. OK, Can you give an estimate of what it would be in an ideal situation? I think that coin maturity has been reduced to 1 hour. The real coinage could actually be as low as 50% of the ideal calculated coinage. I dont understand your question. Here is a quote out of the code: unsigned int nStakeTargetSpacing = 10; // 10 seconds Pos blocks unsigned int nStakeMinAge = 1.5 * 60 * 60; // 1.5 hours unsigned int nStakeMaxAge = 5 * 24 * 60 * 60; // 5 days
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MANDATORY UPDATE RELEASED POSEX PEX HIPOS [ANN]
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on: March 27, 2016, 07:03:24 AM
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New windows wallet works fine, I have a couple of question hope someone can answer me
-Do I need to do something special to stake on my wallet or just leave it open? -I have 0.87 PEX is that enough to stake?
Thanks in advance for your answers. Almost forgot, can I translate this ANN to Spanish?
1st question: If your wallet is not encrypted, then you do not have to do anything because it is open already and will stake automatically. If your wallet is encrypted, then you need to unlock your wallet. You can just unlock it if you want to like if it was not encrypted as the net effect will be the same, or you can unlock it for staking only which only enables the staking component. The unlock for staking only can be done in 2 ways, first is to tick the unlock for staking only checkbox and second you can go into the debug console and type "walletpassphrase <yourwalletpassword> 99999999 true". 2nd question: Any amount can stake if 2 conditions are met. The only impact is the time it will take to stake and if the reward is percentage based, the size of the rewards. Firstly you need to have the coins in your wallet for the minimum stake age which in this case is 1.5 hours, after which your coins becomes eligible for staking. Secondly your coins have to reach at least 1 coinage day. If you have a fraction of a coin it will take a couple of days before you will get 1 coinage day and only then your coins will become mature. This is why some people notice that although their coins have passed the minimum stake age they still do not show as matured. If someone has 100000 coins of a certain coin as an example, he will have 1 coinage day very quickly, but someone with 0.5 coins will take 2 days. Once your coins are in your wallet (actually once broadcast on the network) they begin to generate network weight at that address which is a combination of the number of coins in your wallet and the time they have been in your wallet (coinage). Once this becomes "heavy" enough your coins will generate a stake. Someone with a larger amount of coins will reach that point quicker than someone with a small number of coins. Lastly, the coins in your wallet are stored in blocks and each block of coins will stake on its own. If you have 2 blocks of lets say 10 coins each, when the time comes they will stake separately. This is where coin control enters - if you go to options and display, you can select to show coin control. If you then click on "send" you have the option to select inputs which will display the input blocks your wallet balance consist of. Here you can manage your input block sizes for the optimal block size to stake. There are generally 2 methods that stake rewards are generated each with its own subsections like HPOS, DPOS etc. - firstly there is fixed size per stake and secondly percentage based (like in the case of posex). If a coin gives fixed size rewards, your input blocks can be more smaller ones because when they stake you get the same rewards in anyways. If a coin gives percentage based, then you must have very small number of large block sizes, in fact, one block of all your coins will be ideal. To change your block size, you go into coin control and select all your little blocks and select OK. Then copy the total coin amount less fees and paste into the amount field. Paste your wallet receiving address in the to field and send. You will then have a large input block consisting of all the small blocks you selected. If you want to apply this to posex, then you have to look at the max stake age and method of POS rewards. The max age is 5 days, so coins older than 5 days don't give you an advantage. Since the posex POS rewards is percentage based, put all your input blocks into one large block. Do this at least 5 days before your target POS block number you are aiming for, so you have to work it out based on the average block time. Also remember to not send coins from your prepared input block so that you do not move those coins to a change address. When you send coins, select coins from a smaller block through coin control, from blocks you might keep on the side for non-staking purposes. Once you hit a reward, wait for the coins to confirm and then combine them again into a big block. This is because once you hit a stake the wallet combines the coins in the block that staked with the POS reward and the total is split into 2 with a result of 2 block of the same size. You can perhaps leave this as two blocks but not leave it for a more than a second stake because then they get out of sync and more difficult to control. Ideally combine after the first stake.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MANDATORY UPDATE RELEASED POSEX PEX HIPOS [ANN]
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on: March 26, 2016, 06:47:18 AM
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MY POSEX WALLET HAS ALREADY STARTED STAKING
We are currently at block 12855, the HIPOS starts at block 20001.
It could take us 59 hours (2 days + 11 hours) to get to block 20001, if block speed is 30 seconds.
This was done on purpose, so that the DEVs have enough time to ensure that wallets work, and to ensure that people have enough time to buy and withdraw their POSEX coins from Yobit, before the HIPOS kicks in. This also ensure FAIRNESS, so that everybody has the opportunity to enjoy HIPOS.
The Windows compiles have to be tweaked though by the dev as they crash as soon as you try to do something like staking or solo mining. If you open the Windows wallet for the first time, it works ok. When you do either POS or POW to the wallet it crashes and then remembers that. Subsequent opens even after a restart from that point on makes it to keep crashing. Best advice until the issue is sorted is to compile on Linux and run it there as that works fine, mine to a pool and just use the Windows wallet for normal stuff like checking balance, send coins and other non POS/POW activities. I think it is just a matter of something in the cross-compile that went awry.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NEW WALLET MANDATORY UPDATE ON ITS WAY POSEX PEX HIPOS [ANN]
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on: March 24, 2016, 03:44:34 PM
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wow, i can't believe this...the dev showed up!
does that mean my PEX withdrawl that's been stuck on yobit for like the last month will finally go through?
It depends on the block that Yobit rejoins. If Yobit resyncs from scratch and joins at the slightly advanced block number from the dev it might be that your coins are still on the exchange and then Yobit needs to do some reconciliations on their internal systems and cancel the withdrawals. If the blocks just carry on then it could be that the withdrawals will just be broadcast as soon as Yobit can see the peers again. I doubt that the withdrawals during the stuck period will have been broadcast and probably did not gain any weight in your wallet.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NEW WALLET MANDATORY UPDATE ON ITS WAY POSEX PEX HIPOS [ANN]
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on: March 24, 2016, 02:45:32 PM
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Maybe the dev for this coin will post at the right time when ready. With BCT it goes like this when a dev posts he is fudded about what he posts and he is fudded for not posting enough. A dev that never or very seldom post can only be fudded about not posting regularly so 50% less fud. Less is more imo.
As long as the dev logs on like has been quoted here it is probably still ok. If the dev completely disappeared then it would be a serious problem.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NEW WALLET MANDATORY UPDATE ON ITS WAY POSEX PEX HIPOS [ANN]
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on: March 19, 2016, 04:06:58 AM
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i have better suggestion, just let stake this coin only to dev , and let him buy his coin ! leave this scam coin forever! they are huge project with honest dev out on bitcointalk!
It will be had some RL issue's now all is good and we are going to be back in the game v soon I dont think that anyone is in disagreement with your views. I see this coin as follows: If the dev cares about his coin he will: 1. Lower the POS rate significantly. If he does not then the coin is screwed and dead. 2. Interact with the community at least when the community engages with him There is nothing that anyone including yourself can do to make the dev do these things. Take a chill pill, sit back and relax. Maybe something comes of it maybe not (the latter having the highest probability). If anything comes of this then it will be a bonus.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: WARP - Something different - VPN Wallet BETA Release - Bittrex/YoBit
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on: March 18, 2016, 06:22:21 PM
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Just start to deliver what you told you would, people will reply with gratitude Or maybe you should delete this thread and open a new one when work is finished. The only thing you can said I did not deliver is the windows VPN wallet. I explained why and am still working on it. And all of a sudden I'm getting compared to Spots. Do you even realize how are you damaging your chances? How is this helping you? One moment I'm best dev ever, now I'm being compared to a scammer because I decided to save WARP from a pump? Just carry on with your work and don't buckle under the pressure in the thread. Sometimes BCT threads can be like cancer. Keep focused and keep cool and the rest will sort itself out
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