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Cor2
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July 14, 2015, 05:23:05 AM |
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Are there more coins burnt or mined each month?
As you can see from the regular updates and compare to the growth in the supply, burning is much larger than mining. That is why the percentage of total coin supply that is burned is increasing each week. Hope this clarifies, |
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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raithe (OP)
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July 14, 2015, 05:27:36 AM
Last edit: November 29, 2017, 08:05:23 PM by raithe |
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EDITED
This post is very old. Please see the main thread at GambitCrypto.com for up-to-date information.
EDITED
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wookieinvader
Newbie
 Offline
Activity: 56
Merit: 0
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July 15, 2015, 11:43:05 AM |
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Woke up this morning and my wallet was out of sync for no apparent reason. Anyone else have an issue like this? I have been staking since coin launch so this is new and unexpected.
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lookinfoorit
Newbie
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Activity: 18
Merit: 0
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July 15, 2015, 02:18:48 PM |
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I have the same issue...
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wookieinvader
Newbie
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Activity: 56
Merit: 0
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July 15, 2015, 02:45:50 PM |
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I have the same issue...
well at least I'm not alone... |
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Bootsize17
Newbie
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Activity: 47
Merit: 0
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July 15, 2015, 04:17:06 PM |
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I have the same issue...
well at least I'm not alone... My last block was 10 hours ago, seem stuck on block 72161, was there a new wallet ? |
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lookinfoorit
Newbie
Offline
Activity: 18
Merit: 0
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July 15, 2015, 06:25:07 PM |
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Okay, it seems mine caught up. All systems normal  |
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Cor2
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July 15, 2015, 09:43:53 PM |
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I have the same issue...
well at least I'm not alone... My last block was 10 hours ago, seem stuck on block 72161, was there a new wallet ? There is a new wallet for Linux available already; Windows and other OS'es are in the making. The only change is that the wallet will not combine as many inputs, so more inputs remain available and more blocks will be generated, which will help the network go back to a normal staking routine instead of what happened last night with 12 hours no block until finally someone brought another wallet online. Ouch! From time to time you will see a string of a dozen or so blocks quickly following each other, with long periods of waiting in between. That is because all wallets have fallen into the state where they combine inputs into ~1000 GAM blocks so a wallet with 10,000 GAM will only produce ~10 blocks and then it will need 500 blocks generated by other wallets before those blocks come back out of staking. The new threshold has been set to 50 GAM, so first the wallet will split inputs in 2 until they reach the new target size and then a 10,000 GAM wallet will generate approx 200 blocks so even if only a few wallets are staking, the network keeps ticking. Today there is need of more than 500,000 GAM being staking at the same time for the network to keep going, due to the 1000 GAM block size and the 510 confirm maturity threshold. So, you can also see that burning GAM would increase the problem and the block value target needed to be lowered to keep enough blocks going. There is a link to the Linux wallets on the Gambit slack and I hope that Windows is soon available as well. |
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raithe (OP)
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July 16, 2015, 06:01:08 AM
Last edit: November 29, 2017, 08:05:31 PM by raithe |
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EDITED
This post is very old. Please see the main thread at GambitCrypto.com for up-to-date information.
EDITED
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raithe (OP)
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July 16, 2015, 09:45:56 PM |
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Updated website & original ANN with new wallet links. Please download the new wallets to stake your coins.
Mac wallet update coming soon.
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Cor2
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July 16, 2015, 11:54:33 PM |
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Aaaaand we're moving again (after almost a day without no blocks)
It appears that the first staked block (nr 72171) received 2.54 GAM
I thought the max was 2.5???
Anyway happy to see progress again!
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jeffthebaker
Legendary
Offline
Activity: 1526
Merit: 1034
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July 17, 2015, 12:01:52 AM |
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Is this cryptocurrency in any way associated with gambit.com? It's a gaming site of sorts. Currently, I think the games are all just for fun, but they started out as a Bitcoin gambling site for PvP board type games.
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raithe (OP)
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July 17, 2015, 12:30:09 AM |
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Is this cryptocurrency in any way associated with gambit.com? It's a gaming site of sorts. Currently, I think the games are all just for fun, but they started out as a Bitcoin gambling site for PvP board type games.
No relation. |
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wookieinvader
Newbie
Offline
Activity: 56
Merit: 0
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July 17, 2015, 01:42:15 AM |
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Just curious if there is any word on when the remaining verification will take place with Coins Source verification. I believe we have been staking now for @ 2 months, initially the verification was to take place after 45 days. I can't believe I have been staking this for that long, seems like it was just yesterday the ICO ended.
Thanks.
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Cor2
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July 17, 2015, 05:18:53 AM |
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Anyone still running the 1.0 wallet will see that it no longer syncs, because there is a mandatory upgrade to 1.1 to get the blocks moving again. The slack has the link, but I expect that Collin will also post it here soon.
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raithe (OP)
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July 17, 2015, 06:17:41 AM
Last edit: November 29, 2017, 08:05:47 PM by raithe |
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EDITED
This post is very old. Please see the main thread at GambitCrypto.com for up-to-date information.
EDITED
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raithe (OP)
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July 17, 2015, 06:25:24 AM
Last edit: November 29, 2017, 08:05:55 PM by raithe |
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EDITED
This post is very old. Please see the main thread at GambitCrypto.com for up-to-date information.
EDITED
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Bootsize17
Newbie
Offline
Activity: 47
Merit: 0
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July 18, 2015, 01:37:10 AM |
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Aaaaand we're moving again (after almost a day without no blocks)
It appears that the first staked block (nr 72171) received 2.54 GAM
I thought the max was 2.5???
Anyway happy to see progress again!
I've downloaded the new wallet and have deleted the peers.dat file, seems to be continuosly syncing with the networking; showing 341 blocks remaining. Tried a repair wallet, no change. Any suggestions ? |
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Cor2
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July 18, 2015, 05:37:28 AM |
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Aaaaand we're moving again (after almost a day without no blocks)
It appears that the first staked block (nr 72171) received 2.54 GAM
I thought the max was 2.5???
Anyway happy to see progress again!
I've downloaded the new wallet and have deleted the peers.dat file, seems to be continuosly syncing with the networking; showing 341 blocks remaining. Tried a repair wallet, no change. Any suggestions ? That sounds like you are stuck at block 72177 which is the last block of V1.0.0.0 so I suspect that the new wallet you downloaded is *not* the v1.1 Remember that for a short while there was a v1.0.1 which was an attempt to speed up the network without mandatory update, but it was not enough so it has been removed and now only V1.1 will be able to participate in the network. Please download fresh from the latest announcement and make sure that the wallet you are running shows Version 1.1.0.0 when you go to Help -> About Gambit |
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Bootsize17
Newbie
Offline
Activity: 47
Merit: 0
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July 18, 2015, 05:27:07 PM |
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Aaaaand we're moving again (after almost a day without no blocks)
It appears that the first staked block (nr 72171) received 2.54 GAM
I thought the max was 2.5???
Anyway happy to see progress again!
I've downloaded the new wallet and have deleted the peers.dat file, seems to be continuosly syncing with the networking; showing 341 blocks remaining. Tried a repair wallet, no change. Any suggestions ? That sounds like you are stuck at block 72177 which is the last block of V1.0.0.0 so I suspect that the new wallet you downloaded is *not* the v1.1 Remember that for a short while there was a v1.0.1 which was an attempt to speed up the network without mandatory update, but it was not enough so it has been removed and now only V1.1 will be able to participate in the network. Please download fresh from the latest announcement and make sure that the wallet you are running shows Version 1.1.0.0 when you go to Help -> About Gambit Thank you for the reply. I was on the correct version. I deleted everything (except the wallet.dat) from the APPDATA folder, and restarted the wallet, and all is good now. |
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