[ANN] Sia - Decentralized Storage

[Pecunia non olet]

So why is there no exchange yet?

[1715080239]

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[1715080239]

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[1715080239]

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[q327K091]

wallet synced up to block height 2103 and stopped... anyone help please thanks, must be still testnet... miner show blocks found but it can not be real

should I wait "Once a block is mined, Sia waits for 144 confirmation blocks before the reward is added to your wallet" or somethong is wrong I am doing thanks

[Tobo]

Is the current Block Height 2103?

[G2M]

is this still on testnet or for real, have wallet and miner ready , wallet shows block height 0.. please advice

also do rebrand Electron.app to Sia.app..  I am impressed by use of go language must say...

wallet version is 0.3.0 b365  , Sia version 0.3.3  

miner hashes ok.. but need to know if it is still in beta or real.. thanks much

for realz yo.

do I need config json file or conf .. blocks are not synching up... appreciate it.. it is an interesting project

using mac osx for wallet client

worry that I am still hitting testnet by wrong config file or something

balls, I've only tested it on windows  and mint so far. there's a few ppl here that did mac, hopefully they can help you.

for both windows and mint it's synced completely by itself. also, for mint it didn't need me to update any dependencies at all using the precompiled bin.

the real net has about 2k blocks now, but i didn't need to do anything special for linux/win at all so i don't think you'd need to do anything special for mac.

[G2M]

Is the current Block Height 2103?

yes

[Tobo]

how to buy this coin?
i want to buy at 1 satoshi per sia.

read back a few pages the dev set up a buy and sell thread. look for link  

Here is the trading thread - https://bitcointalk.org/index.php?topic=1083781.0

[robinson5]

is this still on testnet or for real, have wallet and miner ready , wallet shows block height 0.. please advice

also do rebrand Electron.app to Sia.app..  I am impressed by use of go language must say...

wallet version is 0.3.0 b365  , Sia version 0.3.3  

miner hashes ok.. but need to know if it is still in beta or real.. thanks much

for realz yo.

do I need config json file or conf .. blocks are not synching up... appreciate it.. it is an interesting project

using mac osx for wallet client

worry that I am still hitting testnet by wrong config file or something

please let me know if you are able to mine I haven't been able to figure it out

[q327K091]

Is the current Block Height 2103?

yes

awesome then I will wait for 144 block confirmations.. interesting .. use of go.. is very advanced.. very cool

putting couple of extra servers online ... meantime

keep going with the project,, CC is resurrecting allover the place ending of 2015 and 2016 will be fantastic but development has to be active

ok punching with some good machinery right now, blocks are found.. but won't be relaxed until I see wallet balance updated.. 0 right now..

[G2M]

So why is there no exchange yet?

B/C we are not smart men

[TerraMaster]

Is the current Block Height 2103?

yes

awesome then I will wait for 144 block confirmations.. interesting .. use of go.. is very advanced.. very cool

putting couple of extra servers online ... meantime

keep going with the project,, CC is resurrecting allover the place ending of 2015 and 2016 will be fantastic but development has to be active

ok punching with some good machinery right now, blocks are found.. but won't be relaxed until I see wallet balance updated.. 0 right now..

Be patient. If your miner says block mined, then it will come in eventually  

I am just now getting payouts from a rig that was finding blocks this morning around 11am. Its almost 8pm now

[q327K091]

Is the current Block Height 2103?

yes

awesome then I will wait for 144 block confirmations.. interesting .. use of go.. is very advanced.. very cool

putting couple of extra servers online ... meantime

keep going with the project,, CC is resurrecting allover the place ending of 2015 and 2016 will be fantastic but development has to be active

ok punching with some good machinery right now, blocks are found.. but won't be relaxed until I see wallet balance updated.. 0 right now..

Be patient. If your miner says block mined, then it will come in eventually  

I am just now getting payouts from a rig that was finding blocks this morning around 11am. Its almost 8pm now

great.. assembling go binaries from sources was not so bad..but you have a wallet (standard satoshi build) so exchanges should have 0 problems with it (it is standard) , good to be early on, use to resale storage is going to happen . you have two big guys working on it , however.. space is so large if you dont stop you have a big chance

I am sorry for asking so many question. what is exact coin spec.. max supply block reward ratio and block reduction inflation reduction.. thanks much

[andyatcrux]

So why is there no exchange yet?

B/C we are not smart men

I would much rather see this on the exchange after the difficulty increases and after some stabilizing of price for storage. Otherwise it may become stuck in some flat undervalued rate or the target of some pump and dump scheme before it even gets its footing. Some of the best coins started with trading threads rather than direct to exchange.

[TerraMaster]

So why is there no exchange yet?

B/C we are not smart men

I would much rather see this on the exchange after the difficulty increases and after some stabilizing of price for storage. Otherwise it may become stuck in some flat undervalued rate or the target of some pump and dump scheme before it even gets its footing. Some of the best coins started with trading threads rather than direct to exchange.

Agree, steady as she goes. I am in know hurry with this coin and storage concept. Let it develop and flow at its own pace. Little by little it will smoothen out around the edges.  I think it will grow and get a lot of interest. Devs just need to stay out in front and keep it alive and capture the market. Always someone else looking on, that would copy the idea.

[G2M]

oh god I wonder that all the time.

someone needs to put the total coinbase yield on a website somewhere so we can can on CMC for visibility.

apart from that...

300000 in first block.

10,000 in last decreasing block.

10 minutes per block.

144 blocks/day.

300000-10000 = total range of block subsidy = 290000

290000/2 = average block subsidy in 290000 blocks = 145000 sia/block on average for 290000 blocks

290000 blocks = 2900000 minutes = 48333 hours = 2014 days = 5.5 years = you'll be here a while

so for 5.5 years, we'll have an average block subsidy of 145000 sia/block.

after 5.5 years, the subsity is 10k30k sia.

after 5.5 years, there will be 42,050,000,000 sia in existence.

after 5.5 years, there will be a yearly infaltion of 10k30k sia * 144 blocks * 365 days = 525.6 million 1.5768 billion

this 525.6 million1.5768 billion will begin at a 3.75% yearly inflation of 42,050,000,000 coins.

this will decrease to 525.600,600/42,575,600,0001,576,800,000/43626800000 = 3.571% yearly inflation

this is about a 1.24%4.77% decrease in inflation yearly forever.

please let me know if im wrong.

EDIT: I was wrong, and the post has  been butchered accordingly

So why is there no exchange yet?

B/C we are not smart men

I would much rather see this on the exchange after the difficulty increases and after some stabilizing of price for storage. Otherwise it may become stuck in some flat undervalued rate or the target of some pump and dump scheme before it even gets its footing. Some of the best coins started with trading threads rather than direct to exchange.

Agree, steady as she goes. I am in know hurry with this coin and storage concept. Let it develop and flow at its own pace. Little by little it will smoothen out around the edges.  I think it will grow and get a lot of interest. Devs just need to stay out in front and keep it alive and capture the market. Always someone else looking on, that would copy the idea.

True, but still, now is the time to let influential people know that this exists. If you have someone you respect in the cryptosphere that gives you understanding, now is the time to tell them, even if we are not in an exchange.

[TerraMaster]

please let me know if im wrong.

IDK, looks pretty good to me lol  that's a whole lot of computations!

[Taek]

So why is there no exchange yet?

B/C we are not smart men

B/C the coin is 2 days old? Literally 2 days old.

Give it a few weeks. 

oh god I wonder that all the time.

someone needs to put the total coinbase yield on a website somewhere so we can can on CMC for visibility.

apart from that...

300000 in first block.

10,000 in last decreasing block.

10 minutes per block.

144 blocks/day.

300000-10000 = total range of block subsidy = 290000

290000/2 = average block subsidy in 290000 blocks = 145000 sia/block on average for 290000 blocks

290000 blocks = 2900000 minutes = 48333 hours = 2014 days = 5.5 years = you'll be here a while

so for 5.5 years, we'll have an average block subsidy of 145000 sia/block.

after 5.5 years, the subsity is 10k sia.

after 5.5 years, there will be 42,050,000,000 sia in existence.

after 5.5 years, there will be a yearly infaltion of 10k sia * 144 blocks * 365 days = 525.6 million

this 525.6 million will begin at a 1.25% yearly inflation of 42,050,000,000 coins.

this will decrease to 525.600,600/42,575,600,000 = 1.234% yearly inflation

this is about a 1.24% decrease in inflation yearly forever.

please let me know if im wrong.

You are wrong 

We are making a block explorer which will help explain all of this.

300,000 in first block, 299,999 in second, etc.
30,000 in final decreasing block (this was your mistake)

At 5 years it's like 42b siacoins in existence. Then it drops to ~3% inflation. At 10 years I think it's at 2% inflation, and it goes down slowly after that. 30,000 every block until the end of time.

[G2M]

It's nice when the developers is in the same time zone as me!

I can drink, do math wrong, and find out all in the same night

I will edit the post!

Then proceed to see if hackintosh works at all with sia.

Kind threadfolk, please think for me:

/home/g2m/Desktop/Sia-GPU-Miner-linux64/gpu-miner
/home/g2m/Desktop/Sia-GPU-Miner-linux64/gpu-miner: /usr/lib/x86_64-linux-gnu/libcurl.so.4: version `CURL_OPENSSL_4' not found (required by /home/g2m/Desktop/Sia-GPU-Miner-linux64/gpu-miner)

wat did I do?

I pay 50kS for thoughts, provided that you either pm me a sia address (single), or put it in your sig (double)

Totally not a giveaway.

Also, I'm sleeping for now so you probably won't get any response for about 16 hours.

Don't let that discourage you

[TerraMaster]

Finally seeing payouts coming in to the 2 other rigs wallets now. 3 down 1 to go, but that one's just a little 7790 @ 55 MH   not going to fill its wallet to quick lol

Actually its a dual 7790 set up, but as we all know, we can only hash with one card for now. if both hashed they are equal or in some instances faster and make better miners then a single 7950  

and are very low energy consumption and run cool......

[andyatcrux]

Finally seeing payouts coming in to the 2 other rigs wallets now. 3 down 1 to go, but that one's just a little 7790 @ 55 MH   not going to fill its wallet to quick lol

Actually its a dual 7790 set up, but as we all know, we can only hash with one card for now. if both hashed they are equal or in some instances faster and make better miners then a single 7950  

and are very low energy consumption and run cool......

Yes, I had a four 7790 setup last year. The energy efficiency and low cost to make your ROI made them the most underestimated cards, given you have the extra space for them.

[Taek]

Kind threadfolk, please think for me:

/home/g2m/Desktop/Sia-GPU-Miner-linux64/gpu-miner
/home/g2m/Desktop/Sia-GPU-Miner-linux64/gpu-miner: /usr/lib/x86_64-linux-gnu/libcurl.so.4: version `CURL_OPENSSL_4' not found (required by /home/g2m/Desktop/Sia-GPU-Miner-linux64/gpu-miner)

wat did I do?

I pay 50kS for thoughts, provided that you either pm me a sia address (single), or put it in your sig (double)

Totally not a giveaway.

Also, I'm sleeping for now so you probably won't get any response for about 16 hours.

Don't let that discourage you

You need the curl library. for ubunutu, it's called libcurl4-gnutls-dev: `apt-get install libcurl4-gnutls-dev`

I found a guide for mac here: http://www.vettyofficer.com/2013/06/how-to-install-curl-in-mac-os-x.html

It doesn't seem to be as simple. Are you having problems on mac?