[GBIT] GRAVITYBITS - SHA256 - POW/hiPOS - GravityBits Auctions

[GravityBits]

To our supporters,

First off we wanted to say thank you, we had a great launch.  The first stage of GravityBits was a success. Proof of Work is now over and is currently in its HiPos stage.  This stage will last until block 300,000.  A complete block schedule is shown below.

Now moving forward…  Over the next few weeks, gravitybits.xyz will have its new face.  GravityBits is going to be an online auction site for everything cryptocurrency and more.  The site is going to consist of two main features.    Penny bidding and member auctions.

Penny bidding will be the first feature to launch for GravityBits.

For those who don’t know what penny bidding is, here’s a good example: http://www.beezid.com/

For now this is all the information we are releasing.  Sorry we are keeping this short, we just wanted to give everyone the direction we are heading with GravityBits.


Other notes:  

A new forum is being setup on forum.gravitybits.xyz

Bitcointalk will also be updated with all new information and will be monitored daily.

We will be working with a few exchanges to make it easy to purchase GravityBits to be used on the site.

Block schedule:  http://s11.postimg.org/qc07bq3w3/blocksechedule.png

[HammyCoin]

Stake systems as they are normally characterized by their developers:

POS - Coin age is used in the calculation for both stake weight AND the staking reward. Staking reward is set by the coin's APR. The effect is a stable, consistent interest for all staking wallets, regardless of input size or reasonable downtime.

First coin: NXT Peercoin.

HiPOS - Coin age is used in the calculation for stake weight, but not staking reward. Staking reward is fixed per a schedule. Results in stable, consistent interest for staking wallets as long as down time is minimal and inputs are small. Large input size is harshly punished by HiPOS.

First coin: BitBeans.

DPOS - Coin age is irrelevant. All coins that are mature will add the same staking weight (usually 1 in the wallet hover display). Results in stable, consistent interest only for active wallets and only with small inputs. Downtime and large inputs will significantly impact your interest with DPOS. On the plus side, no age means that moving coins is less costly because lost coin age is not detrimental.

First coin: I don't remember, something crappy.

[JCJr222]

What are the plans for this coin?

Your guess is as good as ours... We'll see. No signs of anything bad yet considering the dev(s) haven't even gotten in contact with any exchanges yet. Though that could change by the time this is posted

EDIT: They just released their plans. Anyone want to purchase some coins?? This just turned into some infomercial shit... If not, I'll burn them to avoid someone getting royally fucked.

[JCJr222]

What are the plans for this coin?

Your guess is as good as ours... We'll see. No signs of anything bad yet considering the dev(s) haven't even gotten in contact with any exchanges yet. Though that could change by the time this is posted

EDIT: They just released their plans. Anyone want to purchase some coins?? This just turned into some infomercial shit... If not, I'll burn them to avoid someone getting royally fucked.

Going once...

[JCJr222]

What are the plans for this coin?

Your guess is as good as ours... We'll see. No signs of anything bad yet considering the dev(s) haven't even gotten in contact with any exchanges yet. Though that could change by the time this is posted

EDIT: They just released their plans. Anyone want to purchase some coins?? This just turned into some infomercial shit... If not, I'll burn them to avoid someone getting royally fucked.

Going twice...

[netoo]

What are the plans for this coin?

Your guess is as good as ours... We'll see. No signs of anything bad yet considering the dev(s) haven't even gotten in contact with any exchanges yet. Though that could change by the time this is posted

EDIT: They just released their plans. Anyone want to purchase some coins?? This just turned into some infomercial shit... If not, I'll burn them to avoid someone getting royally fucked.

Going twice...

How many do you have, and how much?

[netoo]

What are the plans for this coin?

Your guess is as good as ours... We'll see. No signs of anything bad yet considering the dev(s) haven't even gotten in contact with any exchanges yet. Though that could change by the time this is posted

EDIT: They just released their plans. Anyone want to purchase some coins?? This just turned into some infomercial shit... If not, I'll burn them to avoid someone getting royally fucked.

Going twice...

How many do you have, and how much?

Only 6,051. Selling at 1,000 sats each. That almost covers mining costs

I just got a pm from the dev and they said they contacted yobit and it should be listed within a day or two. 

[JCJr222]

What are the plans for this coin?

Your guess is as good as ours... We'll see. No signs of anything bad yet considering the dev(s) haven't even gotten in contact with any exchanges yet. Though that could change by the time this is posted

EDIT: They just released their plans. Anyone want to purchase some coins?? This just turned into some infomercial shit... If not, I'll burn them to avoid someone getting royally fucked.

Going twice...

How many do you have, and how much?

PM me an offer

[anticlimax]

What are the plans for this coin?

Your guess is as good as ours... We'll see. No signs of anything bad yet considering the dev(s) haven't even gotten in contact with any exchanges yet. Though that could change by the time this is posted

EDIT: They just released their plans. Anyone want to purchase some coins?? This just turned into some infomercial shit... If not, I'll burn them to avoid someone getting royally fucked.

You expect someone to buy your coins after implying they'll be royally fucked in the process?  
You must be retarded. 

[netoo]

He just doesn't believe in the project.  No biggie.  I think its a great idea.  Those types of sites generate a lot of revenue.  And isn't that what cryptos need, income. 

[JCJr222]

What are the plans for this coin?

Your guess is as good as ours... We'll see. No signs of anything bad yet considering the dev(s) haven't even gotten in contact with any exchanges yet. Though that could change by the time this is posted

EDIT: They just released their plans. Anyone want to purchase some coins?? This just turned into some infomercial shit... If not, I'll burn them to avoid someone getting royally fucked.

You expect someone to buy your coins after implying they'll be royally fucked in the process?  
You must be retarded. 

I implied that and then he asked how much. So who exactly is the retarded one in this scenario? lol

[jc12345]

What are the plans for this coin?

Your guess is as good as ours... We'll see. No signs of anything bad yet considering the dev(s) haven't even gotten in contact with any exchanges yet. Though that could change by the time this is posted

EDIT: They just released their plans. Anyone want to purchase some coins?? This just turned into some infomercial shit... If not, I'll burn them to avoid someone getting royally fucked.

Going twice...

How many do you have, and how much?

Assuming he did not solo - he found 4700 for the MN pool. Add a few stakes to that if he staked and he should have around 4700-6000.

[anticlimax]

Anyone who's invested should throw some retweets this way.

Let's get GravityBits listed on an exchange.

https://mobile.twitter.com/Antiiclimax/status/695525329180368896

https://mobile.twitter.com/AltCryptoFollow/status/694903605548179456

[DanWalker]

coin is working for me

[xadsa418]

CBlock::SetBestChainInner          Good      blackcoin arch       
ComputeMinWork                     Good      arch                 
SendMessages                       Good      shrmcoin             
CTransaction::FetchInputs          Good      shrmcoin             
CTransaction::CheckTransaction     Good      blackcoin arch       
CWalletTx::AcceptWalletTransaction Good      blackcoin arch       
GetNextTargetRequired              Good      shrmcoin             
CTransaction::ConnectInputs        Good      arch                 
GetTransaction                     Good      shrmcoin             
ComputeMinStake                    Good      arch                 
CBlock::AcceptBlock                Most similar shrmcoin, diff=3, codehash=bbf48bacdea061095019;   Manually inspected, Good
ProcessMessage                     Good      shrmcoin             
CBlock::CheckBlock                 Good      shrmcoin             
CTxOut CTransaction::GetOutputFor  Good      blackcoin arch       
CTransaction::DisconnectInputs     Good      blackcoin arch       
ProcessBlock                       Good      shrmcoin             
CMerkleTx::GetBlocksToMaturity     Most similar blackcoin, diff=3, codehash=5c77fb68fcd0580d7737;   Manually inspected, Good
CBlockIndex::IsSuperMajority       Good      dash blackcoin arch 
CBlock::SignBlock                  Good      shrmcoin             
CMerkleTx::AcceptToMemoryPool      Good      shrmcoin             
CheckProofOfWork                   Good      arch                 
CBlockIndex::GetBlockTrust         Good      blackcoin arch       
CBlock::CheckBlockSignature        Good      arch                 
CTransaction::GetValueIn           Good      blackcoin arch       
ProcessMessages                    Good      shrmcoin             
CBlock::ConnectBlock               Good      shrmcoin             
Not found funcs ['AcceptToMemoryPool', 'GetProofOfStakeLimit']
GetProofOfWorkReward Manually checked Good
GetProofOfStakeReward Manually checked Good
What is this? And how to read this info?
As you know, most of the coins have very similar code bases. But any little bug could potentialy damage the whole blockchain. To avoid this, people started to check the code both manually and automatically.  As I know ocminer automatically checks code for already known bugs, so his checks couldn't find new bugs. Earlz checks code manually, but he also could miss something, because codebase is very huge. I chose different way. I wrote the script which compare code in one coin with code in other already inspected coins. So if you see something like "Good blackcoin arch " it means that i already inspected this code before in blackcoin's and arch's source, and I think that it's safe. When my script finds new code it asks me to check it manually and tells me which codebases is most similar, so 'CBlock::ConnectBlock                Most similar blackcoin, diff=5, codehash=1a0a6fb0d9bc6aefff4e'  means that most similar code of CBlock::ConnectBlock have seen in blackcoin and there is 5 places where something was changed.
Currently i check only most important functions in main.cpp.

[jc12345]

Nice code review.

[anticlimax]

CBlock::SetBestChainInner          Good      blackcoin arch       
ComputeMinWork                     Good      arch                 
SendMessages                       Good      shrmcoin             
CTransaction::FetchInputs          Good      shrmcoin             
CTransaction::CheckTransaction     Good      blackcoin arch       
CWalletTx::AcceptWalletTransaction Good      blackcoin arch       
GetNextTargetRequired              Good      shrmcoin             
CTransaction::ConnectInputs        Good      arch                 
GetTransaction                     Good      shrmcoin             
ComputeMinStake                    Good      arch                 
CBlock::AcceptBlock                Most similar shrmcoin, diff=3, codehash=bbf48bacdea061095019;   Manually inspected, Good
ProcessMessage                     Good      shrmcoin             
CBlock::CheckBlock                 Good      shrmcoin             
CTxOut CTransaction::GetOutputFor  Good      blackcoin arch       
CTransaction::DisconnectInputs     Good      blackcoin arch       
ProcessBlock                       Good      shrmcoin             
CMerkleTx::GetBlocksToMaturity     Most similar blackcoin, diff=3, codehash=5c77fb68fcd0580d7737;   Manually inspected, Good
CBlockIndex::IsSuperMajority       Good      dash blackcoin arch 
CBlock::SignBlock                  Good      shrmcoin             
CMerkleTx::AcceptToMemoryPool      Good      shrmcoin             
CheckProofOfWork                   Good      arch                 
CBlockIndex::GetBlockTrust         Good      blackcoin arch       
CBlock::CheckBlockSignature        Good      arch                 
CTransaction::GetValueIn           Good      blackcoin arch       
ProcessMessages                    Good      shrmcoin             
CBlock::ConnectBlock               Good      shrmcoin             
Not found funcs ['AcceptToMemoryPool', 'GetProofOfStakeLimit']
GetProofOfWorkReward Manually checked Good
GetProofOfStakeReward Manually checked Good
What is this? And how to read this info?
As you know, most of the coins have very similar code bases. But any little bug could potentialy damage the whole blockchain. To avoid this, people started to check the code both manually and automatically.  As I know ocminer automatically checks code for already known bugs, so his checks couldn't find new bugs. Earlz checks code manually, but he also could miss something, because codebase is very huge. I chose different way. I wrote the script which compare code in one coin with code in other already inspected coins. So if you see something like "Good blackcoin arch " it means that i already inspected this code before in blackcoin's and arch's source, and I think that it's safe. When my script finds new code it asks me to check it manually and tells me which codebases is most similar, so 'CBlock::ConnectBlock                Most similar blackcoin, diff=5, codehash=1a0a6fb0d9bc6aefff4e'  means that most similar code of CBlock::ConnectBlock have seen in blackcoin and there is 5 places where something was changed.
Currently i check only most important functions in main.cpp.

Great stuff.
Appreciate the code review.

[matveevka]

When you see a playground for bidding? To start POS need to know the price of the coin

[SIX3P0]

CBlock::SetBestChainInner          Good      blackcoin arch       
ComputeMinWork                     Good      arch                 
SendMessages                       Good      shrmcoin             
CTransaction::FetchInputs          Good      shrmcoin             
CTransaction::CheckTransaction     Good      blackcoin arch       
CWalletTx::AcceptWalletTransaction Good      blackcoin arch       
GetNextTargetRequired              Good      shrmcoin             
CTransaction::ConnectInputs        Good      arch                 
GetTransaction                     Good      shrmcoin             
ComputeMinStake                    Good      arch                 
CBlock::AcceptBlock                Most similar shrmcoin, diff=3, codehash=bbf48bacdea061095019;   Manually inspected, Good
ProcessMessage                     Good      shrmcoin             
CBlock::CheckBlock                 Good      shrmcoin             
CTxOut CTransaction::GetOutputFor  Good      blackcoin arch       
CTransaction::DisconnectInputs     Good      blackcoin arch       
ProcessBlock                       Good      shrmcoin             
CMerkleTx::GetBlocksToMaturity     Most similar blackcoin, diff=3, codehash=5c77fb68fcd0580d7737;   Manually inspected, Good
CBlockIndex::IsSuperMajority       Good      dash blackcoin arch 
CBlock::SignBlock                  Good      shrmcoin             
CMerkleTx::AcceptToMemoryPool      Good      shrmcoin             
CheckProofOfWork                   Good      arch                 
CBlockIndex::GetBlockTrust         Good      blackcoin arch       
CBlock::CheckBlockSignature        Good      arch                 
CTransaction::GetValueIn           Good      blackcoin arch       
ProcessMessages                    Good      shrmcoin             
CBlock::ConnectBlock               Good      shrmcoin             
Not found funcs ['AcceptToMemoryPool', 'GetProofOfStakeLimit']
GetProofOfWorkReward Manually checked Good
GetProofOfStakeReward Manually checked Good
What is this? And how to read this info?
As you know, most of the coins have very similar code bases. But any little bug could potentialy damage the whole blockchain. To avoid this, people started to check the code both manually and automatically.  As I know ocminer automatically checks code for already known bugs, so his checks couldn't find new bugs. Earlz checks code manually, but he also could miss something, because codebase is very huge. I chose different way. I wrote the script which compare code in one coin with code in other already inspected coins. So if you see something like "Good blackcoin arch " it means that i already inspected this code before in blackcoin's and arch's source, and I think that it's safe. When my script finds new code it asks me to check it manually and tells me which codebases is most similar, so 'CBlock::ConnectBlock                Most similar blackcoin, diff=5, codehash=1a0a6fb0d9bc6aefff4e'  means that most similar code of CBlock::ConnectBlock have seen in blackcoin and there is 5 places where something was changed.
Currently i check only most important functions in main.cpp.

Last time I saw this it was to get on BITTREX, is that the deal here?

[ROBERTO]

Any news GravityBits?