[*] 8BIT [Dark Masternodes][Anon][Roadmap Stage 4]

[wurstgelee]

Calm down guys. Stopped and slowed down are two different things.

With broken difficulty adjustment the situation won't change. It's probably only really, really slow - but that's almost the same. Whats the point in transactions taking half a day or more if a blocks gets staked each 1 or 2 hours?

Diff adjustment is not broken if you know anything about PoS 2.0 then
you would know 65k is the minimum PoS diff. We did not have a block
in PoS without PoW yet. When we do we will know if a fix is even warranted.

Oh right, good point - I always forget that this is PoS 2.0. Sorry, my bad.

Then the problem is something else: Too few coins in circulation, people don't have enough coins (=not enough weight since its PoS2) in their wallets to stake on a regular basis. This will probably lead to a stuck chain as well - if it's not already stalled.

Simple fix would be to multiply the coin weight by a static factor? I am not exactly a PoS2 expert, but this should work?

Yes, but I will wait and see how it behaves after the first PoS block.
A fix will only take a few minutes. But I want to be certain it's needed.

* sorry I have the 360 seconds limitations so can not answer as quick.

Maybe I am missing a point here, but why do you think PoS block generation might possibly be better after the first block generated (after PoW)?  If 65536 is already the minimum diff for PoS2 and it can't get any lower?

[zing96]

Yeah i know, i just wanna to say with this, dev please fix it

Yeah that was my point to the dev, if he thinks he can just wait it out, it might go too long.  Probably going to have to do a hardfork to allow POW mining to continue with 0 rewards and get some miners on it to get it moving again, resync, then staking can continue.  Blackcoin based coins won't stake while syncing.

Or whoever it is who has a massive amount of coins sitting in their wallet, could politely turn their wallet back on

This happened to ecash.  igotspots took over the coin, had Bittrex turn on staking, forked it so POW could get the block chain moving, blah blah blah blah.  Now that coin is in the shitter.  Would hate to see this go the same route.

[dannygroove]

Yeah i know, i just wanna to say with this, dev please fix it

Yeah that was my point to the dev, if he thinks he can just wait it out, it might go too long.  Probably going to have to do a hardfork to allow POW mining to continue with 0 rewards and get some miners on it to get it moving again, resync, then staking can continue.  Blackcoin based coins won't stake while syncing.

Or whoever it is who has a massive amount of coins sitting in their wallet, could politely turn their wallet back on

This happened to ecash.  igotspots took over the coin, had Bittrex turn on staking, forked it so POW could get the block chain moving, blah blah blah blah.  Now that coin is in the shitter.  Would hate to see this go the same route.

Still too early to know that

[adaseb]

Looks like block 1888 was deleted.





edit.


looks like it was found again on the blockchain but the same diff.

[woozii]

Only ~100k coins, this is going to the moon

[wurstgelee]

Yeah i know, i just wanna to say with this, dev please fix it

Yeah that was my point to the dev, if he thinks he can just wait it out, it might go too long.  Probably going to have to do a hardfork to allow POW mining to continue with 0 rewards and get some miners on it to get it moving again, resync, then staking can continue.  Blackcoin based coins won't stake while syncing.

Or whoever it is who has a massive amount of coins sitting in their wallet, could politely turn their wallet back on

This happened to ecash.  igotspots took over the coin, had Bittrex turn on staking, forked it so POW could get the block chain moving, blah blah blah blah.  Now that coin is in the shitter.  Would hate to see this go the same route.

That's not really neccessary. You can get a chain moving again even if it's stalled for ages - without reenabling PoW - with an instant hard fork.

Edit: Just checked the distribution - which is actually pretty good. Top wallet has 9588 coins. In this case this is a problem.

[njs811]

Moons too close. This is a picture I took from the future.

[miningfool]

Yeah i know, i just wanna to say with this, dev please fix it

Yeah that was my point to the dev, if he thinks he can just wait it out, it might go too long.  Probably going to have to do a hardfork to allow POW mining to continue with 0 rewards and get some miners on it to get it moving again, resync, then staking can continue.  Blackcoin based coins won't stake while syncing.

Or whoever it is who has a massive amount of coins sitting in their wallet, could politely turn their wallet back on

This happened to ecash.  igotspots took over the coin, had Bittrex turn on staking, forked it so POW could get the block chain moving, blah blah blah blah.  Now that coin is in the shitter.  Would hate to see this go the same route.

That's not really neccessary. You can get a chain moving again even if it's stalled for ages - without reenabling PoW - with an instant hard fork.

How would you do that without removing the check that skips the stake miner loop if wallet is syncing?

[wurstgelee]

Yeah i know, i just wanna to say with this, dev please fix it

Yeah that was my point to the dev, if he thinks he can just wait it out, it might go too long.  Probably going to have to do a hardfork to allow POW mining to continue with 0 rewards and get some miners on it to get it moving again, resync, then staking can continue.  Blackcoin based coins won't stake while syncing.

Or whoever it is who has a massive amount of coins sitting in their wallet, could politely turn their wallet back on

This happened to ecash.  igotspots took over the coin, had Bittrex turn on staking, forked it so POW could get the block chain moving, blah blah blah blah.  Now that coin is in the shitter.  Would hate to see this go the same route.

That's not really neccessary. You can get a chain moving again even if it's stalled for ages - without reenabling PoW - with an instant hard fork.

How would you do that without removing the check that skips the stake miner loop if wallet is syncing?

For example by hardcoding that check to be true for a given block height, in this case 1888 (1889).

Edit: I know that it works because I have done it with a blockchain which was stuck for several weeks.

[njs811]

Yeah i know, i just wanna to say with this, dev please fix it

Yeah that was my point to the dev, if he thinks he can just wait it out, it might go too long.  Probably going to have to do a hardfork to allow POW mining to continue with 0 rewards and get some miners on it to get it moving again, resync, then staking can continue.  Blackcoin based coins won't stake while syncing.

Or whoever it is who has a massive amount of coins sitting in their wallet, could politely turn their wallet back on

This happened to ecash.  igotspots took over the coin, had Bittrex turn on staking, forked it so POW could get the block chain moving, blah blah blah blah.  Now that coin is in the shitter.  Would hate to see this go the same route.

That's not really neccessary. You can get a chain moving again even if it's stalled for ages - without reenabling PoW - with an instant hard fork.

Edit: Just checked the distribution - which is actually pretty good. Top wallet has 9588 coins. In this case this is a problem.

It is an issue that the top wallet has 9588 coins. Perhaps the owner is considering a giveaway. But even at $1 each their stock is still less than 10 grand. It would be silly for someone like that to sell out.  Heck, even at 0.1 BTC it still seems like an odd idea to drop that kind of coin.  I would hope that whoever owns it would have the intelligence to slowly place coin back into the market. Thus furthering the distribution and putting a nice profit in the pocket of the owner.

[8bitproject]

Yeah i know, i just wanna to say with this, dev please fix it

Yeah that was my point to the dev, if he thinks he can just wait it out, it might go too long.  Probably going to have to do a hardfork to allow POW mining to continue with 0 rewards and get some miners on it to get it moving again, resync, then staking can continue.  Blackcoin based coins won't stake while syncing.

Or whoever it is who has a massive amount of coins sitting in their wallet, could politely turn their wallet back on

This happened to ecash.  igotspots took over the coin, had Bittrex turn on staking, forked it so POW could get the block chain moving, blah blah blah blah.  Now that coin is in the shitter.  Would hate to see this go the same route.

That's not really neccessary. You can get a chain moving again even if it's stalled for ages - without reenabling PoW - with an instant hard fork.

Edit: Just checked the distribution - which is actually pretty good. Top wallet has 9588 coins. In this case this is a problem.

It is an issue that the top wallet has 9588 coins. Perhaps the owner is considering a giveaway. But even at $1 each their stock is still less than 10 grand. It would be silly for someone like that to sell out.  Heck, even at 0.1 BTC it still seems like an odd idea to drop that kind of coin.  I would hope that whoever owns it would have the intelligence to slowly place coin back into the market. Thus furthering the distribution and putting a nice profit in the pocket of the owner.

That wallet is suprnova pool , it's not owned by one individual.

[vegasguy]

Just a suggestion, fix the reason why the pos did not reward as it should have, and create a fork and a POS "do - over". So perhaps at block 2000 create the fork and pos reward schedule will be done then. Do it soon, or the chain will stop as there is no pow and pos is not moving the chain either. Also price will increase when people find out there will be another pos reward scheduled.

Vegas

[njs811]

Yeah i know, i just wanna to say with this, dev please fix it

Yeah that was my point to the dev, if he thinks he can just wait it out, it might go too long.  Probably going to have to do a hardfork to allow POW mining to continue with 0 rewards and get some miners on it to get it moving again, resync, then staking can continue.  Blackcoin based coins won't stake while syncing.

Or whoever it is who has a massive amount of coins sitting in their wallet, could politely turn their wallet back on

This happened to ecash.  igotspots took over the coin, had Bittrex turn on staking, forked it so POW could get the block chain moving, blah blah blah blah.  Now that coin is in the shitter.  Would hate to see this go the same route.

That's not really neccessary. You can get a chain moving again even if it's stalled for ages - without reenabling PoW - with an instant hard fork.

Edit: Just checked the distribution - which is actually pretty good. Top wallet has 9588 coins. In this case this is a problem.

It is an issue that the top wallet has 9588 coins. Perhaps the owner is considering a giveaway. But even at $1 each their stock is still less than 10 grand. It would be silly for someone like that to sell out.  Heck, even at 0.1 BTC it still seems like an odd idea to drop that kind of coin.  I would hope that whoever owns it would have the intelligence to slowly place coin back into the market. Thus furthering the distribution and putting a nice profit in the pocket of the owner.

That wallet is suprnova pool , it's not owned by one individual.

Look at that, a perfectly clear explanation.

[shkbits]

Will the blockchain move forward if Ocminer enable staking on his pool wallet?

[Pepijn]

Nice graphics, name and build up. Good start.

[mastertrader777]

Will the blockchain move forward if Ocminer enable staking on his pool wallet?

My guess is no.

[wurstgelee]

Will the blockchain move forward if Ocminer enable staking on his pool wallet?

I guess most miners have already initiated transfers to bittrex or their local wallets which only don't show up in the blockchain yet - because no new blocks are generated. So he can't really do that - he also would take his customer's coins hostage until they mature if he stakes with them. And it doesn't help with the root cause of the problem.


@ dev: Maybe I am missing a point here, but why do you think PoS block generation might possibly be better after the first block generated (after PoW)?  If 65536 is already the minimum diff for PoS2 and it can't get any lower?

[prospecta]

Meanwhile on Bittrex haha.

[8bitproject]

Just a suggestion, fix the reason why the pos did not reward as it should have, and create a fork and a POS "do - over". So perhaps at block 2000 create the fork and pos reward schedule will be done then. Do it soon, or the chain will stop as there is no pow and pos is not moving the chain either. Also price will increase when people find out there will be another pos reward scheduled.

Vegas

If the chain does not move in the next few hours I will make a fix, inform
Exchanges and compile new wallets.

[kpierce77]

So I guess the template now is 1) Ninja launch 2) Dark Masternodes 3) Make coin supply as rare as you possibly can.  Excellent.