[ANN] official NovaCoin thread - the original PoS+scrypt coin.

[glendall]

What is the currenct novacoin difficulty?  Novacoin explorer is showing it really low - http://nvc.cryptocoinexplorer.com/chain/Novacoin/q/getdifficulty

That's the difficulty for proof of stake. The difficulty for proof of work is 96.241.

http://dustcoin.com/mining

Is there anywhere that has the estimates for the re-target / next difficulty?  Thanks.

[1713905447]

1713905447

[Balthazar]

There is no re-target interval. So, it's very hard to predict the difficulty in the future, if hashrate is unknown. You can only estimate difficulty for the next block.

[12gaFacelift]

thank you for the http://sourceforge.net/projects/novacoin/files/p2pool_win32_11.4.1.zip/download it work very well on win7.

[Balthazar]

Block #20000 solved. Congratulations to all

[glendall]

Congrat's to you Balthazar and your hard work.  NVC ain't doing too shabby at all.

[vsystech]

New Pool: novapool.uni.me

[Bitinvestor]

Some spoilers about 0.4.1, which is coming soon.

• Broadcasted checkpointing ignore option added;
• Updated emission model implemented. *

*It will neutralize benefit of early adopters, and will make system even more stable against dump attempts.

More info will be available later.

Now that 0.4.1 has been released, could you please tell us how the emission model has changed?

[digitalindustry]

Some spoilers about 0.4.1, which is coming soon.

• Broadcasted checkpointing ignore option added;
• Updated emission model implemented. *

*It will neutralize benefit of early adopters, and will make system even more stable against dump attempts.

More info will be available later.

Now that 0.4.1 has been released, could you please tell us how the emission model has changed?

or translate it to someone and them to tell us ! : D

but serious we are interested.

[Balthazar]

Hi all. I asked my friends to publish 0.4.1 and 0.4.1 builds while I'm at hospital.

I'll publish the full changelog later, important changes are listed below.

• Dynamic PoS interest. Now it's a function of PoS difficulty, nRewardCoinYear = 1 / (posdiff ^ 1/6). It can have values from 100% to 1%;
• Checkpoints ignore option added, disabled by default;
• Bug fix for coinstake transactions display in QT client;
• Bug fix for AvailableCoins function, prevents immature coins usage;
• Mac OS X compatibility issues resolved, from now we publishing official Mac OS X 64 bit builds also;
• New genesis block for testnet.

Update should be performed before 20 June 2013.

[Balthazar]

New Pool: novapool.uni.me

To connect to our P2Pool node simply point your miner at:

(NEW!!) URL: http://mine.wsse.us:8336
Username: NovaCoin Address
Password: Anything

Current NVC p2pool version doesn't support address as login feature properly. It will work, but all payments will be directed into node's wallet.

I'll fix this in the next version.

[RoadTrain]

Hi all. I asked my friends to publish 0.4.1 and 0.4.1 builds while I'm at hospital.

I'll publish the full changelog later, important changes are listed below.

• Dynamic PoS interest. Now it's a function of PoS difficulty, nRewardCoinYear = 1 / (posdiff ^ 1/6). It can have values from 100% to 1%;
• Checkpoints ignore option added, disabled by default;
• Bug fix for coinstake transactions display in QT client;
• Bug fix for AvailableCoins function, prevents immature coins usage;
• Mac OS X compatibility issues resolved, from now we publishing official Mac OS X 64 bit builds also;
• New genesis block for testnet.

Update should be performed before 20 June 2013.

So the expected reward will go down to 1.83% a year based on 0.025 PoS difficulty?

[Balthazar]

Hi all. I asked my friends to publish 0.4.1 and 0.4.1 builds while I'm at hospital.

I'll publish the full changelog later, important changes are listed below.

• Dynamic PoS interest. Now it's a function of PoS difficulty, nRewardCoinYear = 1 / (posdiff ^ 1/6). It can have values from 100% to 1%;
• Checkpoints ignore option added, disabled by default;
• Bug fix for coinstake transactions display in QT client;
• Bug fix for AvailableCoins function, prevents immature coins usage;
• Mac OS X compatibility issues resolved, from now we publishing official Mac OS X 64 bit builds also;
• New genesis block for testnet.

Update should be performed before 20 June 2013.

So the expected reward will go down to 1.83% a year based on 0.025 PoS difficulty?

Minimal PoS difficulty is hard coded to 0.001. So, at 0.025 PoS difficulty you will get 1 / (0.025/0.001) ^ 1/6 = 0.59 coins per coin-year, i.e. 59% year interest.

[digitalindustry]

New Pool: novapool.uni.me

To connect to our P2Pool node simply point your miner at:

(NEW!!) URL: http://mine.wsse.us:8336
Username: NovaCoin Address
Password: Anything

Current NVC p2pool version doesn't support address as login feature properly. It will work, but all payments will be directed into node's wallet.

I'll fix this in the next version.

Hospital? hope you are ok friend? : )

barfight?

I'm just putting my rig together now and I plan for NVC to be the first units i mine, so should be good , only fitting.

get well ! 

[ofeefee]

I want to mine some, which pools are working well?

[digitalindustry]

Hi all. I asked my friends to publish 0.4.1 and 0.4.1 builds while I'm at hospital.

I'll publish the full changelog later, important changes are listed below.

• Dynamic PoS interest. Now it's a function of PoS difficulty, nRewardCoinYear = 1 / (posdiff ^ 1/6). It can have values from 100% to 1%;
• Checkpoints ignore option added, disabled by default;
• Bug fix for coinstake transactions display in QT client;
• Bug fix for AvailableCoins function, prevents immature coins usage;
• Mac OS X compatibility issues resolved, from now we publishing official Mac OS X 64 bit builds also;
• New genesis block for testnet.

Update should be performed before 20 June 2013.

Not sure if your friends done such a good job ?

I DL both Win files - get an invalid files error on the EXE and the Zip says it invalid , not rec as a Zip.

anyone else having that issue?

[Balthazar]

Code:

$ md5sum novacoin-setup-win32-0.4.1.exe
0d879964e69b6059352883372597b3e2 *novacoin-setup-win32-0.4.1.exe

$ md5sum novacoin-nosetup-win32-0.4.1.zip
b1eba81c0d4cd84b138e793315aa277 *novacoin-nosetup-win32-0.4.1.zip

$ sha1sum novacoin-nosetup-win32-0.4.1.zip
1016e132c55be2dafbf06a45554b8fbd1f944f18 *novacoin-nosetup-win32-0.4.1.zip

$ sha1sum novacoin-setup-win32-0.4.1.exe
c6b894a22831d778c8bb5d42a41d7bb6f3923d2b *novacoin-setup-win32-0.4.1.exe

This values are matched with displayed in files info at sourceforge. Try to download md5sum or sha1sum utility and check your files, it seems that something wrong with your internet connection...

Checksum utilities for windows can be downloaded here: http://www.nfllab.com/sums/sums611.zip

[digitalindustry]

Code:

$ md5sum.exe novacoin-setup-win32-0.4.1.exe
0d879964e69b6059352883372597b3e2 *novacoin-setup-win32-0.4.1.exe

$ md5sum.exe novacoin-nosetup-win32-0.4.1.zip
b1eba81c0d4cd84b138e793315aa277 *novacoin-nosetup-win32-0.4.1.zip

This values are matched with displayed in files info at sourceforge. Try to download md5sum and check your files, it seems that something wrong with your internet connection...

ok mate will do, that's quite possible - i have another connection i'll try that.

cheers.

[Balthazar]

Added sha1 hashes and checksum utilities archive.

i have another connection i'll try that.

Another connection will not help if the broken version of file was cached by your browser.

[digitalindustry]

Added sha1 hashes and checksum utilities archive.

i have another connection i'll try that.

Another connection will not help if the broken version of file was cached by your browser.

yeah ok, i'll fix that or flush the cache. cheers

[RoadTrain]

Hi all. I asked my friends to publish 0.4.1 and 0.4.1 builds while I'm at hospital.

I'll publish the full changelog later, important changes are listed below.

• Dynamic PoS interest. Now it's a function of PoS difficulty, nRewardCoinYear = 1 / (posdiff ^ 1/6). It can have values from 100% to 1%;
• Checkpoints ignore option added, disabled by default;
• Bug fix for coinstake transactions display in QT client;
• Bug fix for AvailableCoins function, prevents immature coins usage;
• Mac OS X compatibility issues resolved, from now we publishing official Mac OS X 64 bit builds also;
• New genesis block for testnet.

Update should be performed before 20 June 2013.

So the expected reward will go down to 1.83% a year based on 0.025 PoS difficulty?

Minimal PoS difficulty is hard coded to 0.001. So, at 0.025 PoS difficulty you will get 1 / (0.025/0.001) ^ 1/6 = 0.59 coins per coin-year, i.e. 59% year interest.

Now I see, thanks.