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Bitinvestor
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May 12, 2013, 10:04:26 AM |
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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. I like it.  When will this change go into effect? As soon as I upgrade to 0.4.1, or when more than 50% of clients have upgraded to 0.4.1, or on 20 June 2013? |
Those who cause problems for others also cause problems for themselves.
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Balthazar
Legendary
 Offline
Activity: 3108
Merit: 1358
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May 12, 2013, 03:41:10 PM |
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Change will get power on 20 June 2013. When 50% of clients will be updated, old client users will receive warning. If they ignore it, they will stay on forked chain.
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Balthazar
Legendary
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Activity: 3108
Merit: 1358
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May 12, 2013, 04:05:46 PM |
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Win32 installer rebuilt and replaced. Old one contains novacoin-qt.exe with date in the future, which could cause upgrade problems later.
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vsystech
Member
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Activity: 148
Merit: 10
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May 13, 2013, 07:32:06 PM |
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I'm stopping novapool.uni.me, payment not sended to miners, all payment calculated manually, and sending soon.
Thank you for your understanding and I'm sorry! (All available payment available on home page!)
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Balthazar
Legendary
Offline
Activity: 3108
Merit: 1358
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May 13, 2013, 08:54:15 PM |
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I'm stopping novapool.uni.me, payment not sended to miners, all payment calculated manually, and sending soon.
Thank you for your understanding and I'm sorry! (All available payment available on home page!)
https://bitcointalk.org/index.php?topic=143221.msg2112916#msg2112916Next p2pool snapshot will support this. |
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Bitinvestor
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May 14, 2013, 06:58:53 AM |
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How can I find out how many coins I've mined through proof of stake? All I've seen is that some of my coins where moved to stake and then back to my balance after a while. I think this should be reported better now that there's some significant interest to be gained from PoS.
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Those who cause problems for others also cause problems for themselves.
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Balthazar
Legendary
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Activity: 3108
Merit: 1358
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May 14, 2013, 09:20:19 AM |
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Mined coins volume displayed on transactions list page, something like this:
03.05.2013 06:14 Mined [unknown] [+3.14]
P.S. You need 0.4.1 client to see this. Also I think about "stakegeneration" field addition to getinfo rpc call result.
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kha0S
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May 14, 2013, 01:26:05 PM |
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Found at Khore Pool!  Block #20000 solved. Congratulations to all |
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kha0S
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May 14, 2013, 01:27:42 PM |
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You can try Khore Pool, at http://nvc.khore.orgI want to mine some, which pools are working well?
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BitJohn
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May 15, 2013, 04:00:51 AM |
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0% donation based pool for NVC http://www.nvcpool.com/ another Big Vern pool quality he just stood it up need some hashes thrown at it. I'm excited don't have to pay the 4% khore pool fee anymore!!! |
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baloo_kiev
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May 15, 2013, 04:36:52 PM |
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- Dynamic PoS interest. Now it's a function of PoS difficulty, nRewardCoinYear = 1 / (posdiff ^ 1/6). It can have values from 100% to 1%;
Are you going to continue changing fundamental protocol rules in future? |
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Balthazar
Legendary
Offline
Activity: 3108
Merit: 1358
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May 15, 2013, 04:39:41 PM |
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Yes, if it will be required to make system more reliable. Dynamic interest adjustment is better than static interest, and it has economical sense.
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whitedragon
Member
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Activity: 84
Merit: 10
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May 15, 2013, 05:18:12 PM |
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0% donation based pool for NVC http://www.nvcpool.com/ another Big Vern pool quality he just stood it up need some hashes thrown at it. I'm excited don't have to pay the 4% khore pool fee anymore!!! Cool, just joined! |
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BitJohn
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May 15, 2013, 05:27:37 PM |
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excellent good to have you! 0% is way better than the beating khore is lashing out at 4% and Vern runs great pools
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12gaFacelift
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May 15, 2013, 05:46:37 PM |
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nothing better than p2pool but i will give a try to that pool....who know a backup its always good.
¤¿¤
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BitJohn
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May 15, 2013, 05:53:15 PM |
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I've been using Big Verns 9 pools pretty religiously he is very good at keeping them up and quickly responds to any concern or issue. Great little community as well.
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RoadTrain
Legendary
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Activity: 1386
Merit: 1009
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May 16, 2013, 06:10:25 PM |
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@Balthazar How are you? Any news?  |
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Balthazar
Legendary
Offline
Activity: 3108
Merit: 1358
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May 17, 2013, 10:52:27 AM |
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I'm back At home now, will start work at evening. |
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Balthazar
Legendary
Offline
Activity: 3108
Merit: 1358
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May 17, 2013, 05:31:54 PM |
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There is a withdrawal fee of 1.0 NVC Is it a joke? If it is, I should say that I can't understand this type of humour. P.S. Fee for withdrawal is 0.01 NVC. |
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Balthazar
Legendary
Offline
Activity: 3108
Merit: 1358
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May 19, 2013, 12:57:23 AM |
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0.4.2 update is ready and will be published in next 24h. It includes a few changes in addition to new PoS ROI calculation algorithm, which was implemented in 0.4.1: - Fix for lk_max_locks exhaustion problem, more info is available here. It will become active since 20 Aug 2013;
- 27 bits PoS target limit will become active since 20 Jul 2013.
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