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Author Topic: [SNRG] 🔥 Synergy 🔥 Cloud.Synergycoin.com Cloud Bot Now Live!! 🔥  (Read 162087 times)
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Colonel Crouton
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August 28, 2015, 07:26:23 PM
 #1421

Anybody can write a small manual to dummies for the pump feature??



I remembered your question and found something written by Grandpa when I went looking for the interest rates.


Tonight I give an update because I finished my latest to-do item, which is to automate the transaction that joins the pump group. It took a while, but there are a lot of checks to perform when constructing the transaction from the user and P2P input. For example, the user must have enough balance to pay the pump fee (1 SNRG), the transaction fee (about 0.015 SNRG) and still have a minimum balance (most likely to be set at 200 SNRG).

An unfinished manual for joining a pump follows. I've written it mostly to illustrate my progress. It may seem complicated, but it takes only about 10 seconds to join a pump. Here's the short course:

  • Click "Find Address..." and select an address.
  • Click "Set..." and select a stealth address.
  • Click "Join Pump" and confirm the transaction and fee.



Pump Manual - A Work in Progress


P2P Population of Pump Info

First, just by opening the wallet, and waiting to join the network, several fields on the pump page will be automatically populated. These fields are (1) The starting date for the ongoing pump (top panel), (2) the starting date for the next pump (bottom panel), (3) the entry fee for the next pump, and (4) the minimum balance to join the next pump (minus the entry and transaction fees to join, which should be about 1.015 SNRG total). These values come from the P2P messaging system. Another value from the P2P messaging system is the pump group Synergy address to which the user sends the entry information and fee.

I present the entirety of the pump page, missing values in only three fields in the top panel (the pick, the address that the user registered for the ongoing pump, and the minimum balance this address has had since the pump began). Populating these fields through P2P messaging and wallet inspection are my next to-do items.





Selecting the Address for Registration

Second the user uses the "Find Address" button to select an address with enough funds to join. Note that this image shows my testing wallet which is a little light on the funds at the moment.





Selecting the Stealth Address for Encrypted Communication through the Block Chain

Delivering the pick and other info to the user must be asynchronous and private. Asynchrony means that the user should not be required to have a wallet open at the precise time the pump information is communicated (although it might be a good idea). To satisfy both this constraint and the need for privacy, the pick will be communicated with an encrypted message using a secret key known only to the sender (the pump coordinator) and receiver (pump registrant, or user). Stealth Addresses enable the necessary functionality to create this encrypted message on the block chain, where it can be read at the convenience of the registrant. The user selects the Stealth Address using the "Set..." button in the lower panel.





Joining the Pump

Once the registering address and stealth address are set, the user joins the pump by clicking the "Join Pump" button. This button sends a transaction that is constructed behind the scenes. The transaction has a lot of information: the registration address, the stealth address, and the pump in which the user is registering. Since it is a sending transaction, the user is asked to confirm the send.





If the user confirms, typical transaction operations ensue. If the wallet is locked, the user will be prompted for a password to unlock for this transaction. The user must also approve the fee for the transaction, which is a little higher than typical because about 140 bytes of extra information is placed into a public transaction comment. This information need not be identifying. The user is recommended to make a new stealth address for the purpose of joining the pump group.





It is possible to inspect the transaction to join the pump by double-clicking the transaction in the transaction history tab. Notice that the transaction comment has information that is visible in the bottom panel of the pump page. As mentioned earlier, the recipient address comes from P2P messaging.



Ten-Hut!
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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August 29, 2015, 05:16:01 PM
 #1422

time for accumulate.  i see.

yes time to build base.
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August 30, 2015, 12:24:11 AM
 #1423

Once we have sent and confirmed the pump fee has been sent
 - when should we expect a responce to know that it is working?
Grandpa Jones (OP)
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August 30, 2015, 03:48:03 AM
 #1424

Once we have sent and confirmed the pump fee has been sent
 - when should we expect a responce to know that it is working?

It's better to join the slack chat so I know you are sending test transactions. We did not get as many beta testers as I would have liked. The pump group has not started yet. We are going to have some further updates before it starts. Please join the slack to test.

I still need to move this release out of beta too.

Synergy Dev Team
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August 30, 2015, 06:33:10 AM
 #1425

Once we have sent and confirmed the pump fee has been sent
 - when should we expect a responce to know that it is working?

It's better to join the slack chat so I know you are sending test transactions. We did not get as many beta testers as I would have liked. The pump group has not started yet. We are going to have some further updates before it starts. Please join the slack to test.

I still need to move this release out of beta too.


That's awesome news!  Smiley
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August 30, 2015, 05:25:08 PM
 #1426

Invitations have been sent to for the Slack channel to those who have requested.

If anyone else wants in, please let me know!!
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August 31, 2015, 06:59:48 PM
 #1427

with everything thats been going on with this coin y is the thred so dead?

welcome to you.

time for accumulate phase to build up to super release.  that is why.

this will be big week for snrg cryptocurrency.  we look upward.
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August 31, 2015, 07:17:07 PM
 #1428

dumped to the ground, dead?
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August 31, 2015, 08:28:32 PM
 #1429

dumped to the ground, dead?
Yes, this Coin is dead. Roll Eyes Sell your remaining Coins, if you have some and move on to the next one...
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August 31, 2015, 08:39:35 PM
 #1430

dumped to the ground, dead?
Yes, this Coin is dead. Roll Eyes Sell your remaining Coins, if you have some and move on to the next one...

+1 time to dump this shit and move on...   Kiss

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August 31, 2015, 09:10:19 PM
 #1431

LOL!  You guys are funny.  Fuck it, I'm outta here too.   Cheesy
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August 31, 2015, 11:01:11 PM
 #1432

Your too late - already dumped everything last week.
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August 31, 2015, 11:52:56 PM
 #1433

Your too late - already dumped everything last week.

Poor move on your part, but, I'm happy to suck up your cheap coins.

Keep selling guys, thank you kindly!

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August 31, 2015, 11:57:35 PM
 #1434

Actually I am buying - Just was agreeing with previous posts
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September 01, 2015, 01:08:20 AM
 #1435

Is there a specific block or date/time the reward increase kicks in?

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September 01, 2015, 02:28:57 AM
 #1436

Actually I am buying - Just was agreeing with previous posts

Oh, good!  Well there's obviously someone trying to either get out, or keep the price down to get more coins.  I haven't figured out which yet, but I'm thinking about snagging a good portion of them up before the larger staking (hoping this happens?) kicks in.

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September 01, 2015, 03:21:08 AM
 #1437

Is there a specific block or date/time the reward increase kicks in?

It's not implemented yet.
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September 01, 2015, 05:20:39 AM
Last edit: September 01, 2015, 05:43:41 AM by Grandpa Jones
 #1438

Is there a specific block or date/time the reward increase kicks in?

It's not implemented yet.


Version 1.2.0.0 Is Out of Beta: Upgrade Now!


Yes, the new block reward has been implemented. In fact it is in the previous release, which has been moved out of beta after a week of successful testing. The new reward system will begin Mon, 14 Sep 2015 06:00:00 GMT. At this time block rewards will increase to 10 SNRG and block times will be 5 minutes.


Inflation Rates, 10 Year

 Year  
 Inflation Rate  
1
160.00%
2
61.54%
3
19.05%
4
16.00%
5
6.90%
6
6.06%
7
5.71%
8
5.41%
9
1.57%
10
1.57%
Thereafter
1.57%

Synergy Dev Team
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September 01, 2015, 12:34:44 PM
 #1439

AWESOME!!!! As always Grampa keeps his promises!!! Ill post on my site and get the word out!! AWESOME!!!


Ill be buying loads coins first through.. LOL


Vegas

I want to make sure everyone knows that I just released my software called "Yobit pump alert". THis is custom software that uses an algo to detect the start of a pump here on yobit, the second it starts. YOu can even filter the coins you see by price. Most pumps start less than 100 sats , so you can easily filter the cheap coins, so they are the only ones displayed Smiley https://bitcointalk.org/index.php?topic=1945937.msg20241953#msg20241953
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September 01, 2015, 03:01:22 PM
 #1440

So we can expect much lower prices now when hyper inflation is on  Smiley
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