[ANN] 42-coin Development Discussion Thread

[barrysty1e]

There were no any patches. The old chain is still with the unlimited supply. The new chain is limited to 42 coins and has the deflationary model of emission.

er wow.
in the official github repository no less, as i said.. it wasnt committed:
https://github.com/fourtytwo42/42_v0.0.1/pull/2/commits/8240cee3b90af7157de43e8ab552b6493d77c0e7

unrelated, has there been any issues with the pos implementation?

[Lasergun]

in the official github repository no less, as i said.. it wasnt committed:
https://github.com/fourtytwo42/42_v0.0.1/pull/2/commits/8240cee3b90af7157de43e8ab552b6493d77c0e7

This tree was abandoned after the first release, then official tree was https://github.com/fourtytwo42/42. Mistake with unlimited supply was fixed in 3-Feb-2014 by lmangani. But in 17-Mar-2014 Soopy again made the supply unlimited. The next try to fix it was in 19-Jul-2015 (more than 1 year passed and still less than 42 coins available), when funkshelper submitted a pull request "42-coin-limit", but there were no updated wallets, so most people have not been able to support him.

unrelated, has there been any issues with the pos implementation?

The new wallet is not related with the old one, so no any issues with the pos implementation, maybe just one - ...the block reward is not big.

[farl4web]

My Mac wallet is out-of-sync, while I have been PoS all the time. I have 18 active connections...

42-v0.0.7.build-g891b422-bdb-clang

Any help anyone?

[onnz423]

My Mac wallet is out-of-sync, while I have been PoS all the time. I have 18 active connections...

42-v0.0.7.build-g891b422-bdb-clang

Any help anyone?

There has been no blocks for around 24 hours, so the problem is not on ur wallet. We need to wait for new block to be found.

Cheers, Onni

[Lasergun]

There was a problem with ISP, everything is fine now. At such moments it becomes clear that we need more constant PoW/PoS miners...

[pirroniky]

pirronik3000 address is  4SmFFXyW9iFFuyJ4LsxmAvdyeqqe7bGVeh   i've sent 0.44 old 42 coin

[kev2011]

At such moments it becomes clear that we need more constant PoW/PoS miners...

I have a question about the POS difficulty calculation. You (Lasergun) mentioned most of the POS blocks are found by the address holding the unclaimed coins. Does that large-amount address raise the difficulty? I have my wallet staking but I'm lucky to find a block once week. Assuming I understand the process (which I may not), would disbursing those unclaimed coins lower the difficulty? Making it easier for the average coin holder to create POS blocks and maintain the network.

[Lasergun]

pirronik3000 address is  4SmFFXyW9iFFuyJ4LsxmAvdyeqqe7bGVeh   i've sent 0.44 old 42 coin

https://bitcointalk.org/index.php?topic=1502028.msg17027381#msg17027381.

[Lasergun]

Does that large-amount address raise the difficulty? I have my wallet staking but I'm lucky to find a block once week. Assuming I understand the process (which I may not), would disbursing those unclaimed coins lower the difficulty? Making it easier for the average coin holder to create POS blocks and maintain the network.

Not yet, there are many young inputs. PoS target spacing is 7 minutes, but the PoS blocks are much rarer, so the difficulty is not rise.
Increasing of PoS difficulty is a good sign and will means that we do not need to worry about the network.

You can predict the exact time when each input will find the block with the "scaninput" command. Select from the wallet menu bar: Help - Debug window - Console - type "scaninput" - press "Enter" and follow the instructions. Example:

Code:

scaninput '{"txid":"00c3ecf50748b41b63a8e9931845474c9c1d6daace72bae34e1d71080b54be59", "days":30}'

Code:

[
{
"nout" : 2,
"hash" : "000005cbefc94bfc6851d95fea7f87ee58498ffc64e9973719cc1f19b433df23",
"time" : "2017-02-25 00:02:44 UTC"
},
{
"nout" : 2,
"hash" : "00000c7e8ecc4c94ed9933601ce559071571f3dc8dea8c74136eb74bbcd1e0d3",
"time" : "2017-03-17 11:47:12 UTC"
}
]

[pirroniky]

hi i've sent my 0.44 old 42 to lasergun from cryptopia yesterday
my username is pirronik3000
my wallett address 4SmFFXyW9iFFuyJ4LsxmAvdyeqqe7bGVeh

the transaction 

   Fee   Type   Sender   Receiver   Timestamp
12639984    42OLD   0.44145592   0.00000000   User   pirronik3000   Lasergun   18/02/2017 11:47:00 PM

[Lasergun]

hi i've sent my 0.44 old 42 to lasergun from cryptopia yesterday
my username is pirronik3000
my wallett address 4SmFFXyW9iFFuyJ4LsxmAvdyeqqe7bGVeh

the transaction  

   Fee   Type   Sender   Receiver   Timestamp
12639984    42OLD   0.44145592   0.00000000   User   pirronik3000   Lasergun   18/02/2017 11:47:00 PM

Transfered:

12657948    42   0.22072796   0.00000000   User   Lasergun   pirronik3000

[CjMapope]

There was a problem with ISP, everything is fine now. At such moments it becomes clear that we need more constant PoW/PoS miners...

o hey, damn i been so busy with other stuff i forgot 42! you guys went hybrid PoS? o thats neat, that puts 42 back in my minables section as i dont have to worry about value so short term (PoS adds a "time" variable to my calculations). I will be setting back up the wallet, snag the new one here it looks like and be running a full node again.

Woot, thx Laser, i wanted a reason to get back into 42, hope i have some old coins to trade in hehee.

[Than-Ioan]

Price for new 42 is going lower & lower..no buying interest at all

[Lasergun]

Price for new 42 is going lower & lower..no buying interest at all

But the volume is increased little bit:

[sirslayer]

yeah, the current price for the new chain is worse then then the old chain was ever was..  ??!! i think 42-coin needs more marketing and a big exchange with a lot of volume would help also..  it seems that we need to educate all 42-coin holders the 42 to way of doing business!! Don't SELL ANY AMOUNT UNLESS IT WAS OVER 42 BTC or higher...

[sirslayer]

and Im curious,  I have 63 inputs with a weight of 140 on my mining info, is that ok?? what is an ideal range ?? and what does it mean?

[sirslayer]

here is some old 42coin artwork


https://www.youtube.com/watch?v=enb_xBP1bzA

[Than-Ioan]

Price for new 42 is going lower & lower..no buying interest at all

But the volume is increased little bit:

Probably because I buy a lot..

[Lasergun]

yeah, the current price for the new chain is worse then then the old chain was ever was..  ??!! i think 42-coin needs more marketing and a big exchange with a lot of volume would help also..  it seems that we need to educate all 42-coin holders the 42 to way of doing business!! Don't SELL ANY AMOUNT UNLESS IT WAS OVER 42 BTC or higher...

The current price is not so bad, the last old 42 price was 0.144 (0.288 new 42) and the historical minimum was ~0.02 (0.04 new 42), but it is not so important as the liquidity and the volume, and if there is not interest at the current price, we need it lower. If you sell, ask yourself: "who is buying now and why he thinks that the price is good to buy, maybe he is knows something or more smarter than others?" New coins are not produced, it is just a change of owners.

[Lasergun]

and Im curious,  I have 63 inputs with a weight of 140 on my mining info, is that ok?? what is an ideal range ?? and what does it mean?

140 is the total network weight of all inputs online. You can check the weight (Coin*Day) of your inputs in the "Minting" tab. The input is ready to generate the block when the CoinDay is ≥ 1. For example, calculation for input with 0.03 coins: 1d / 0.03 + 42hrs = 33.3 + 1.75 ≈ 35 - after 35 days the input with 0.03 42 will be ready to generate the block. Ideal range is from 0.03 to 0.003, but if your input is larger the wallet will automatically split it when this input will find the block. Also you can set up the desirable split threshold in your 42.conf file by adding this line: splitthreshold=1000000 (value in dents) - means that the inputs smaller than 0.010 will not be splited.