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Author Topic: ⚡[ANN]⚡ ▐░Espers [ESP]░▌▐░PoW/PoS░▌▐░HMQ1725 Algo░▌ ▐░New Features░▌  (Read 923761 times)
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September 14, 2016, 12:08:56 PM
 #7781

  How is the current staking (POS) set up.. Rewards seem pretty good? Is it a set percent or variable? Thanks

25% the first year, IIRC.
more info in this same thread.

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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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September 14, 2016, 12:09:10 PM
 #7782

  How is the current staking (POS) set up.. Rewards seem pretty good? Is it a set percent or variable? Thanks

Here you are  Smiley

Espers passes POS what % will be?

PoS:
3yrs=25%
1.5yrs=5%
4.5 (3+1.5)yrs=1%
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September 14, 2016, 12:09:45 PM
 #7783

I have a question about staking. Do you stake and mine in the same box? Does staking take CPU cycles.? This is my first pos coin.

Staking takes minimal cpu time, so you can mine and stake on the same machine without issues.

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September 14, 2016, 03:41:06 PM
 #7784

I need some HELP, please!

I am using the old wallet, it did sync but for some reason, it does show only unconfirmed balance.
I want to send my coins to NOvaexchange, but i cant cos of this.  What should i do ? I got 500,000 EXP in my ESP1 wallet.  It used to work very well, but now when i open it,  after the syncing finishes it keeps saying unconfirmed 500,000 ESP.

What could be the problem?
Help me, please

Best regards.

EDIT: I have 15 active connections to espers network.
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September 14, 2016, 04:00:14 PM
 #7785

I need some HELP, please!

I am using the old wallet, it did sync but for some reason, it does show only unconfirmed balance.
I want to send my coins to NOvaexchange, but i cant cos of this.  What should i do ? I got 500,000 EXP in my ESP1 wallet.  It used to work very well, but now when i open it,  after the syncing finishes it keeps saying unconfirmed 500,000 ESP.

What could be the problem?
Help me, please

Best regards.

EDIT: I have 15 active connections to espers network.

Just forget about them.
In old wallet -salvagewallet don't work.  Cheesy
CryptoCoderz (OP)
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September 14, 2016, 04:09:24 PM
 #7786

sent my coins from cryptopia, and still 0 confirmations after few hours now

Okay just a quick question..which wallet are you receiving the coins? The old or new esp wallet?

cryptopia is still using esp 1.

Cryptopia stated that they will not list the new chain until the end of swap.



  How is the current staking (POS) set up.. Rewards seem pretty good? Is it a set percent or variable? Thanks

PoS is working well, however monitoring the staking the chain might have to be brought to 5% sooner as the gain is very rapid.
We'll monitor the situation for a little bit first.

No cause for alarm it'll just be another update.


I need some HELP, please!

I am using the old wallet, it did sync but for some reason, it does show only unconfirmed balance.
I want to send my coins to NOvaexchange, but i cant cos of this.  What should i do ? I got 500,000 EXP in my ESP1 wallet.  It used to work very well, but now when i open it,  after the syncing finishes it keeps saying unconfirmed 500,000 ESP.

What could be the problem?
Help me, please

Best regards.

EDIT: I have 15 active connections to espers network.

Just forget about them.
In old wallet -salvagewallet don't work.  Cheesy

Backup your dat file and re-sync your chain. Should fix your issue, @Samai. Salvagewallet never really worked on btc either lol.

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September 14, 2016, 04:16:56 PM
 #7787

sent my coins from cryptopia, and still 0 confirmations after few hours now

Okay just a quick question..which wallet are you receiving the coins? The old or new esp wallet?

cryptopia is still using esp 1.

Cryptopia stated that they will not list the new chain until the end of swap.



  How is the current staking (POS) set up.. Rewards seem pretty good? Is it a set percent or variable? Thanks

PoS is working well, however monitoring the staking the chain might have to be brought to 5% sooner as the gain is very rapid.
We'll monitor the situation for a little bit first.

No cause for alarm it'll just be another update.


I need some HELP, please!

I am using the old wallet, it did sync but for some reason, it does show only unconfirmed balance.
I want to send my coins to NOvaexchange, but i cant cos of this.  What should i do ? I got 500,000 EXP in my ESP1 wallet.  It used to work very well, but now when i open it,  after the syncing finishes it keeps saying unconfirmed 500,000 ESP.

What could be the problem?
Help me, please

Best regards.

EDIT: I have 15 active connections to espers network.

Just forget about them.
In old wallet -salvagewallet don't work.  Cheesy

Backup your dat file and re-sync your chain. Should fix your issue, @Samai. Salvagewallet never really worked on btc either lol.


It's not my problem.  Wink

But new ESP chain have a huge problem. and it requires solutions  Grin
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September 14, 2016, 04:37:34 PM
 #7788

sent my coins from cryptopia, and still 0 confirmations after few hours now

Okay just a quick question..which wallet are you receiving the coins? The old or new esp wallet?

cryptopia is still using esp 1.

Cryptopia stated that they will not list the new chain until the end of swap.



  How is the current staking (POS) set up.. Rewards seem pretty good? Is it a set percent or variable? Thanks

PoS is working well, however monitoring the staking the chain might have to be brought to 5% sooner as the gain is very rapid.
We'll monitor the situation for a little bit first.

No cause for alarm it'll just be another update.


I need some HELP, please!

I am using the old wallet, it did sync but for some reason, it does show only unconfirmed balance.
I want to send my coins to NOvaexchange, but i cant cos of this.  What should i do ? I got 500,000 EXP in my ESP1 wallet.  It used to work very well, but now when i open it,  after the syncing finishes it keeps saying unconfirmed 500,000 ESP.

What could be the problem?
Help me, please

Best regards.

EDIT: I have 15 active connections to espers network.

Just forget about them.
In old wallet -salvagewallet don't work.  Cheesy

Backup your dat file and re-sync your chain. Should fix your issue, @Samai. Salvagewallet never really worked on btc either lol.


It's not my problem.  Wink

But new ESP chain have a huge problem. and it requires solutions  Grin

Already taking care of one thing. Will have to update the windows client link on the ANN and announce when the new client is released (code fix not adding anything new yet).

Nova will have their client recompiled within 30 minutes of change and it won't occur for another day or so.
Nodes will follow suite.

As for the ESP2 having huge issues idk about huge. Just an issue that needs attention and it's getting it Smiley

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September 14, 2016, 04:39:09 PM
 #7789

sent my coins from cryptopia, and still 0 confirmations after few hours now

Okay just a quick question..which wallet are you receiving the coins? The old or new esp wallet?

cryptopia is still using esp 1.

Cryptopia stated that they will not list the new chain until the end of swap.



  How is the current staking (POS) set up.. Rewards seem pretty good? Is it a set percent or variable? Thanks

PoS is working well, however monitoring the staking the chain might have to be brought to 5% sooner as the gain is very rapid.
We'll monitor the situation for a little bit first.

No cause for alarm it'll just be another update.


I need some HELP, please!

I am using the old wallet, it did sync but for some reason, it does show only unconfirmed balance.
I want to send my coins to NOvaexchange, but i cant cos of this.  What should i do ? I got 500,000 EXP in my ESP1 wallet.  It used to work very well, but now when i open it,  after the syncing finishes it keeps saying unconfirmed 500,000 ESP.

What could be the problem?
Help me, please

Best regards.

EDIT: I have 15 active connections to espers network.

Just forget about them.
In old wallet -salvagewallet don't work.  Cheesy

Backup your dat file and re-sync your chain. Should fix your issue, @Samai. Salvagewallet never really worked on btc either lol.


It's not my problem.  Wink

But new ESP chain have a huge problem. and it requires solutions  Grin

Already taking care of one thing. Will have to update the windows client link on the ANN and announce when the new client is released (code fix not adding anything new yet).

Nova will have their client recompiled within 30 minutes of change and it won't occur for another day or so.
Nodes will follow suite.

As for the ESP2 having huge issues idk about huge. Just an issue that needs attention and it's getting it Smiley

What will the new pos reward scheme be?

Zano alias: @orsonj  |  Twitter: @Cryptoschild
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September 14, 2016, 04:43:01 PM
 #7790


It's not my problem.  Wink

But new ESP chain have a huge problem. and it requires solutions  Grin

Essentially all that is going on is that the block times are to fast, and the PoS simply cannot re-target fast enough. causing the payouts to not function as planned, with to fast of a block time. however this is a easy fix as we are planning to drop us down to 5% a year and with the faster block times it'll be 25%.

We are very sorry for the issue as this was not foreseen, but will be taken care of.

Aside from this minor hiccup, how is everyone enjoying the update? i personally am very excited about it.


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Samai
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September 14, 2016, 04:44:55 PM
 #7791

sent my coins from cryptopia, and still 0 confirmations after few hours now

Okay just a quick question..which wallet are you receiving the coins? The old or new esp wallet?

cryptopia is still using esp 1.

Cryptopia stated that they will not list the new chain until the end of swap.



  How is the current staking (POS) set up.. Rewards seem pretty good? Is it a set percent or variable? Thanks

PoS is working well, however monitoring the staking the chain might have to be brought to 5% sooner as the gain is very rapid.
We'll monitor the situation for a little bit first.

No cause for alarm it'll just be another update.


I need some HELP, please!

I am using the old wallet, it did sync but for some reason, it does show only unconfirmed balance.
I want to send my coins to NOvaexchange, but i cant cos of this.  What should i do ? I got 500,000 EXP in my ESP1 wallet.  It used to work very well, but now when i open it,  after the syncing finishes it keeps saying unconfirmed 500,000 ESP.

What could be the problem?
Help me, please

Best regards.

EDIT: I have 15 active connections to espers network.

Just forget about them.
In old wallet -salvagewallet don't work.  Cheesy

Backup your dat file and re-sync your chain. Should fix your issue, @Samai. Salvagewallet never really worked on btc either lol.


It's not my problem.  Wink

But new ESP chain have a huge problem. and it requires solutions  Grin

Already taking care of one thing. Will have to update the windows client link on the ANN and announce when the new client is released (code fix not adding anything new yet).

Nova will have their client recompiled within 30 minutes of change and it won't occur for another day or so.
Nodes will follow suite.

As for the ESP2 having huge issues idk about huge. Just an issue that needs attention and it's getting it Smiley


It's not my problem.  Wink

But new ESP chain have a huge problem. and it requires solutions  Grin

Essentially all that is going on is that the block times are to fast, and the PoS simply cannot re-target fast enough. causing the payouts to not function as planned, with to fast of a block time. however this is a easy fix as we are planning to drop us down to 5% a year and with the faster block times it'll be 25%.

We are very sorry for the issue as this was not foreseen, but will be taken care of.

Aside from this minor hiccup, how is everyone enjoying the update? i personally am very excited about it.

Hey, mans! ESP need hardfork. NOW!  Wink
CryptoCoderz (OP)
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September 14, 2016, 04:53:35 PM
 #7792

sent my coins from cryptopia, and still 0 confirmations after few hours now

Okay just a quick question..which wallet are you receiving the coins? The old or new esp wallet?

cryptopia is still using esp 1.

Cryptopia stated that they will not list the new chain until the end of swap.



 How is the current staking (POS) set up.. Rewards seem pretty good? Is it a set percent or variable? Thanks

PoS is working well, however monitoring the staking the chain might have to be brought to 5% sooner as the gain is very rapid.
We'll monitor the situation for a little bit first.

No cause for alarm it'll just be another update.


I need some HELP, please!

I am using the old wallet, it did sync but for some reason, it does show only unconfirmed balance.
I want to send my coins to NOvaexchange, but i cant cos of this.  What should i do ? I got 500,000 EXP in my ESP1 wallet.  It used to work very well, but now when i open it,  after the syncing finishes it keeps saying unconfirmed 500,000 ESP.

What could be the problem?
Help me, please

Best regards.

EDIT: I have 15 active connections to espers network.

Just forget about them.
In old wallet -salvagewallet don't work.  Cheesy

Backup your dat file and re-sync your chain. Should fix your issue, @Samai. Salvagewallet never really worked on btc either lol.


It's not my problem.  Wink

But new ESP chain have a huge problem. and it requires solutions  Grin

Already taking care of one thing. Will have to update the windows client link on the ANN and announce when the new client is released (code fix not adding anything new yet).

Nova will have their client recompiled within 30 minutes of change and it won't occur for another day or so.
Nodes will follow suite.

As for the ESP2 having huge issues idk about huge. Just an issue that needs attention and it's getting it Smiley

What will the new pos reward scheme be?

We are just taking it down to 50 * cent as the current PoS rate is showing that the 250 * cent is causing the chain to produce ~125% PoS (Lol) as it's quit fast.
So by dropping the PoS down to 50 * cent we can go back to being at our goal of ~25% PoS.

So in a sense this is a really minor fix that puts us back onto the 25%->5%->1% path
This change will occur on block 20,000. All OP and ANN links will be updated within 30 minutes.
Github is following suite. Nova is already aware and awaiting github update



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September 14, 2016, 04:59:31 PM
 #7793

ok, guys!

There's heavy destructive bug in source code. Look here - https://github.com/CryptoCoderz/Espers/blob/master/src/main.h#L63 then 65 and 67 lines.

250 CENT ≠ 25%, it's 250%  Grin or 3.5 times of coins if all coins will work and staking.
You can fix this problem only in hardfork.
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September 14, 2016, 05:20:33 PM
 #7794

ok, guys!

There's heavy destructive bug in source code. Look here - https://github.com/CryptoCoderz/Espers/blob/master/src/main.h#L63 then 65 and 67 lines.

250 CENT ≠ 25%, it's 250%  Grin or 3.5 times of coins if all coins will work and staking.
You can fix this problem only in hardfork.

Does it mean we are getting 250% PoS the first year?
 Cheesy
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September 14, 2016, 05:30:31 PM
 #7795

ok, guys!

There's heavy destructive bug in source code. Look here - https://github.com/CryptoCoderz/Espers/blob/master/src/main.h#L63 then 65 and 67 lines.

250 CENT ≠ 25%, it's 250%  Grin or 3.5 times of coins if all coins will work and staking.
You can fix this problem only in hardfork.

Does it mean we are getting 250% PoS the first year?
 Cheesy

Ye, in worst-case more then 50B in ~800.000 blocks or 1 year.  Shocked Grin
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September 14, 2016, 05:32:12 PM
 #7796


It's not my problem.  Wink

But new ESP chain have a huge problem. and it requires solutions  Grin

Essentially all that is going on is that the block times are to fast, and the PoS simply cannot re-target fast enough. causing the payouts to not function as planned, with to fast of a block time. however this is a easy fix as we are planning to drop us down to 5% a year and with the faster block times it'll be 25%.


How fast are ESP2 blocks for this PoS problem to be happening?


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September 14, 2016, 05:48:15 PM
 #7797

@Everyone


1: KEEP CALM

2: the chain has been recalibrated. It won't even really be a hardfork. Please just update your client as soon as the new one is posted here in the next few minutes.

3: Git is being updated shortly as well.

4: change will take affect in two days (you have two days to download the new 0.8.4.1 client)


And thank you for being a part of this. This is really a minor hiccup

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Samai
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September 14, 2016, 05:50:26 PM
 #7798

@Everyone


1: KEEP CALM

2: the chain has been recalibrated. It won't even really be a hardfork. Please just update your client as soon as the new one is posted here in the next few minutes.

3: Git is being updated shortly as well.

4: change will take affect in two days (you have two days to download the new 0.8.4.1 client)


And thank you for being a part of this. This is really a minor hiccup

30.000 or 32.000 block is better for fork!
CryptoCoderz (OP)
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September 14, 2016, 05:55:18 PM
 #7799

@Everyone


1: KEEP CALM

2: the chain has been recalibrated. It won't even really be a hardfork. Please just update your client as soon as the new one is posted here in the next few minutes.

3: Git is being updated shortly as well.

4: change will take affect in two days (you have two days to download the new 0.8.4.1 client)


And thank you for being a part of this. This is really a minor hiccup

30.000 or 32.000 block is better for fork!

30,000 is ~3/4 days. 20,000 is ~1/2 days. We really should have the change come sooner rather than later.
Nova is really the only exchange currently running the client as the others are waiting for after swap ends.

So if everything simply upgrades their clients everything will be fine. you don't have to do anything special. No resync, nothing just run the new one.

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September 14, 2016, 05:57:13 PM
 #7800



I need some HELP, please!

I am using the old wallet, it did sync but for some reason, it does show only unconfirmed balance.
I want to send my coins to NOvaexchange, but i cant cos of this.  What should i do ? I got 500,000 EXP in my ESP1 wallet.  It used to work very well, but now when i open it,  after the syncing finishes it keeps saying unconfirmed 500,000 ESP.

What could be the problem?
Help me, please

Best regards.

EDIT: I have 15 active connections to espers network.
[/quote]

Just forget about them.
In old wallet -salvagewallet don't work.  Cheesy
[/quote]

Backup your dat file and re-sync your chain. Should fix your issue, @Samai. Salvagewallet never really worked on btc either lol.

[/quote]
When you say " re-sync your chain", you  mean to close and the open the wallet again ?
cos i did this, and the problem persist. It does confirm my coins, but it was working fine 5 days ago.
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