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Author Topic: [ANN] official NovaCoin thread - the original PoS+scrypt coin. --POOL LIST--  (Read 249075 times)
Balthazar
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June 17, 2013, 05:53:02 PM
 #621

What is MaxTarget in the block reward calculation?
MaxTarget is the maximum possible target. It's 0x00000ffff0000000000000000000000000000000000000000000000000000000 for proof-of-work.

P.S. If you want to get current block reward or current target, you can use getblocktemplate RPC call for this.

coinbasevalue?
Yes, coinbasevalue represents current block value in Satoshi units.

"coinbasevalue" : 10020000,

So the novacoin satoshi is 10e-6 NVC?  Rather than the 10e-8 of BTC/etc?
Satoshi is always Satoshi in any currency. Smiley

It will be more accurate to say, that

1 BTC = 10^8 satoshi units;
1 NVC = 10^6 satoshi units.

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flound1129
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June 17, 2013, 10:51:56 PM
 #622

Thanks for the help.

Pool is up at stratum+tcp://multipool.in:3344/

Please add to list!

Thanks.

Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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June 18, 2013, 12:15:12 AM
 #623

Thanks for the help.

Pool is up at stratum+tcp://multipool.in:3344/

Please add to list!

Thanks.
Congratulations. Smiley

Do you use an appropriate version of stratum server? Note that you should use this:

https://github.com/CryptoManiac/stratum-mining
https://bitcointalk.org/index.php?topic=201230.msg2234622#msg2234622

Otherwise you will get a waste of hashing power instead of blocks.  Roll Eyes

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flound1129
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June 18, 2013, 05:06:41 AM
 #624

Thanks for the help.

Pool is up at stratum+tcp://multipool.in:3344/

Please add to list!

Thanks.
Congratulations. Smiley

Do you use an appropriate version of stratum server? Note that you should use this:

https://github.com/CryptoManiac/stratum-mining
https://bitcointalk.org/index.php?topic=201230.msg2234622#msg2234622

Otherwise you will get a waste of hashing power instead of blocks.  Roll Eyes

I'm using a variant of that, yes.

Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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June 18, 2013, 06:15:58 PM
 #625

Reminder about protocol upgrade

1d 5h 45m remaining to ROI calculation switch. If you are not updated to 0.4.1+ yet, you should apply this mandatory update immediately.

P.S. I'll send p2p alert tomorrow, it will switch old clients to safe mode.

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June 20, 2013, 12:26:10 AM
 #626

The new ROI calculation rule became active successfully.

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flound1129
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June 20, 2013, 05:03:40 AM
 #627

Hey, how many confirmations until a block matures?

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mullick
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June 20, 2013, 05:36:17 AM
 #628

Hey, how many confirmations until a block matures?

520 I believe
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June 20, 2013, 05:52:15 AM
 #629

Hey, how many confirmations until a block matures?
520 confirmations.

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flound1129
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June 20, 2013, 05:53:49 AM
 #630

Hey, how many confirmations until a block matures?
520 confirmations.

Damn.  OK Smiley

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June 20, 2013, 06:01:17 AM
 #631

It will take 3 days approximately. Blocks generation rate is stable enough to predict confirmation time. Smiley

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flound1129
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June 20, 2013, 06:31:38 AM
 #632

It will take 3 days approximately. Blocks generation rate is stable enough to predict confirmation time. Smiley

Yep.  Just like PPC.

Your doc page mentions the 520 confirms for proof of stake coins, but not proof of work coins.

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June 20, 2013, 07:08:15 AM
 #633

It will take 3 days approximately. Blocks generation rate is stable enough to predict confirmation time. Smiley

Yep.  Just like PPC.

Your doc page mentions the 520 confirms for proof of stake coins, but not proof of work coins.
Added new entry

https://github.com/CryptoManiac/novacoin/wiki/FAQ#how-many-confirmations-is-required-for-proof-of-work-and-proof-of-stake-rewards-before-it-matures

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Balthazar
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June 20, 2013, 08:13:01 AM
 #634

8 hours passed since activation of the new ROI calculation method. PoS difficulty made 19% jump during this time, not bad.  Smiley

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Balthazar
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June 20, 2013, 05:01:22 PM
 #635

https://github.com/CryptoManiac/novacoin/commit/5a4c7d3fc7a6a6bc075ab88b1f49e330894e70ce

If you are linux user, it's recommended to rebuild client from the latest git snapshot. Updated binary builds for windows and linux will be published soon.

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flound1129
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June 20, 2013, 05:34:38 PM
 #636

https://github.com/CryptoManiac/novacoin/commit/5a4c7d3fc7a6a6bc075ab88b1f49e330894e70ce

If you are linux user, it's recommended to rebuild client from the latest git snapshot. Updated binary builds for windows and linux will be published soon.

I compiled it on June 14, do I need to get the new version?

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June 20, 2013, 05:42:46 PM
 #637

I compiled it on June 14, do I need to get the new version?
You can ignore it, but it's recommended to apply this update. It will improve client stability in some scenarios.

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Balthazar
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June 20, 2013, 07:15:48 PM
 #638

Updated builds published. It also includes an additional getmininginfo RPC call output fields:

Quote
$ /opt/novacoin/novacoind getmininginfo
{
    "blocks" : 27749,
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "difficulty" : 244.99780952,
    "netmhashps" : 278.30139631,
    "netstakeweight" : 271018,
    "errors" : "",
    "pooledtx" : 0,
    "stakepower" : 194,
    "testnet" : false
}
$

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Bitinvestor
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June 20, 2013, 07:30:04 PM
 #639

Updated builds published. It also includes an additional getmininginfo RPC call output fields:

Quote
$ /opt/novacoin/novacoind getmininginfo
{
    "blocks" : 27749,
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "difficulty" : 244.99780952,
    "netmhashps" : 278.30139631,
    "netstakeweight" : 271018,
    "errors" : "",
    "pooledtx" : 0,
    "stakepower" : 194,
    "testnet" : false
}
$

I thought about it for a little while but it's not obvious to me what netstakeweight and stakepower is? Also, where's the proof-of-stake difficulty? Roll Eyes

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June 20, 2013, 07:40:26 PM
 #640

Quote from: Bitinvestor
what netstakeweight and stakepower is?
Netstakeweight is an estimation of total active stakeholders weight (in coin*day units), stakepower is your own stake weight. Stakepower field will be renamed to stakeweight in 0.4.4.

Quote from: Bitinvestor
Also, where's the proof-of-stake difficulty?
getdifficulty RPC call returns an object

Quote
{
    "proof-of-work" : 247.38940663,
    "proof-of-stake" : 0.03829784,
    "search-interval" : 1
}

It contains PoW and PoS difficulty fields. But I think that this also should be added to getmininginfo output. Roll Eyes

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