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Author Topic: [ANN][ECA] Electra ⚡ | POS 3.0e | Super Rewards Bonanza  (Read 142485 times)
vavan37
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October 18, 2017, 08:34:32 AM
 #1061


coin growth today + 87% great news guys
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tardnoggle
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October 18, 2017, 02:56:32 PM
 #1062

Having issues getting the wallet to sync, is there a snapshot somewhere or a good list of addresses?
Morfuso
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October 18, 2017, 04:39:33 PM
 #1063

Having issues getting the wallet to sync, is there a snapshot somewhere or a good list of addresses?

Recently, one of the members had an issue but we found out that it was related with the web service provider. Weird but that issue was sold once that member changed the service provider. Let us know if you continue experiencing other issues or if you even solve your problem.

For more and instant communication, we would like to see all community members in the telegram group. --> Please join  https://t.me/Electracoin

Cheers

y6uBaKa
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October 18, 2017, 05:09:00 PM
 #1064

Maybe it will add on gate.io(bter.com) chineese exchange )

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tsik
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October 18, 2017, 08:46:05 PM
 #1065

Surprised to see this coin still being developed after the initial problems. Might consider reinvesting Smiley
Morfuso
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October 19, 2017, 06:02:53 AM
 #1066

Team is working but community contribution is the most important fact. Please continue your support  Wink

kiddo
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October 19, 2017, 06:11:47 AM
 #1067

Having issues getting the wallet to sync, is there a snapshot somewhere or a good list of addresses?

Get some addnodes or all addnodes from here: https://novaexchange.com/addnodes/ECA/ and put them into your ECA.conf file. If you don't have ECA.conf file you can make one, just copy/paste the addnodes into a text document file and save it as ECA.conf

Erwintjuh
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October 19, 2017, 08:35:33 AM
 #1068

Hi All,

Please reply on the Twitter message from Gate.io - https://twitter.com/gate_io, message from 13 october 2017, for getting Electra (ECA) listed on Gate.io exchange.

 
tardnoggle
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October 19, 2017, 03:25:58 PM
 #1069

Having issues getting the wallet to sync, is there a snapshot somewhere or a good list of addresses?

Get some addnodes or all addnodes from here: https://novaexchange.com/addnodes/ECA/ and put them into your ECA.conf file. If you don't have ECA.conf file you can make one, just copy/paste the addnodes into a text document file and save it as ECA.conf
Found the addnodes through the staking guide, I'm all up to date now. Thanks!

Morfuso
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October 20, 2017, 02:42:18 AM
 #1070

Pretty social media activities are ongoing and more on the table during next couple of days. Beside that also, additional exchange listings are in discussion. Hope to receive some proper results soon for a strong take-off  Cool

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October 20, 2017, 05:07:23 AM
Last edit: October 20, 2017, 05:19:40 AM by Morfuso
 #1071

Dear all,

We would like to announce the facebook page for Electracoin : https://www.facebook.com/groups/electracoin/

Please join, and show your support

Thanks
reklaman
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October 21, 2017, 03:15:13 AM
 #1072

How many coins in the wallet should ripen, more than 12 confirmations and writes that there are no mature coins.
Morfuso
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October 21, 2017, 04:56:29 AM
 #1073

How many coins in the wallet should ripen, more than 12 confirmations and writes that there are no mature coins.

If you ask staking, at first it takes couple of days(4-5) to give start staking. Just patience and keep your wallet active.

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GoodHabit
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October 21, 2017, 08:21:29 AM
 #1074

How many coins in the wallet should ripen, more than 12 confirmations and writes that there are no mature coins.

24 hours until the staking sign turns green /how long it takes until you get your first block depends on how many coins you stake and on how many other people are staking
reklaman
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October 22, 2017, 02:04:27 AM
 #1075

how much money you need to have a good booty from the wallet, thanks for the answer.
Morfuso
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October 22, 2017, 10:42:26 AM
 #1076

To all Electrans,

We are completing the website with necessary contents. Currently, FAQ section is ongoing where we will list all possible logical questions. Afterwards, some polish will be done on graphics, text and design. The further step will be translating to various languages. Any support from you is also very wellcome and appreciated much.

Meanwhile, please join our community to support and contribute.


Thanks
bumbacoin
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October 23, 2017, 01:47:10 AM
Last edit: October 23, 2017, 02:14:07 AM by bumbacoin
 #1077

Each input starts counting for stake (earning weight) 24 hours after its creation. Block reward is 1/730 of the CoinDays redeemed – that includes the first 24 hours. Each input that earns reward within  the first 11 days after its creation is split at output (including block reward) in 2 new inputs of equal size. There is a possibility to auto-merge inputs at reward, but this has been observed only for very small inputs. All inputs that get reward are rewarded for the full coin-age – irrespective of how long the wallet has been offline. There is no maximal coin age to get reward (AFAIK).

There seems to be an inbuild bias towards slowing down reward – frequently smaller inputs that get less reward, or relatively young inputs that can still be split, are rewarded earlier than those within the same wallet that would get more reward. This was probably designed that way to create a sufficient supply of staking nodes and keep the network weight high.

Some of the best performers among stakers seem to have only a small number of inputs and keep their wallet offline for some time (>11 days). This tendency seems to have increased recently, so that the network weight actually declined.(at least for some time) This tactic, of course, runs against the purpose of staking, because it reduces the number of nodes that are actually active.

This is a field where I really see a necessity of some technical improvement: Reduce maximum age for splitting (e.g. <3 days) – introduce auto merging of older inputs (e.g. >9 days) – and exclude inputs that are mostly offline from reward (e.g. all inputs with more than 30 days coin age – a transition period of a few thousand blocks would be required here). A further area of technical improvement is the block time – while the OP states that the target is 288 / day, we rarely get >210, although many inputs are expecting reward. It seems that there is a flaw in the difficulty adjustment formula, which increases fast – but decreases slow, and thus often leads to large distances between blocks – up to one hour. Here I’d suggest to keep the adjustment for every block, but not calculated from the last block, but from a rolling average (let’s say 12 blocks / one hour back).

the best scenario for a fixed PoS network is to have a high network difficulty created by many inputs.
so yes, the current code does encourage the wallet to split and slow down rewards, but as you say leaving your wallet offline for >11 days gets around this.

adjusting wallet combine/split/age thresholds is relatively easy and only requires compiling new clients.
it's unclear whether that would actually positively effect the network as it might end up reducing difficulty and make it more susceptible to attack.

reducing max stake age is a hard fork, as is changing difficulty adjustment
also a hard fork is changing to  a fixed reward to encourage constant staking with many inputs

i quite like fixed reward, this also has the effect of reducing effective inflation rate over time.
ie current inflation rate is 50% which equates to ~10783349272/year, (although the real effect of 50% pos is not actually 50%)
converting that to a constant reward of 100,000 coins/block gives roughly the same apparent inflation rate, for now, but as the coin supply increases the % value of that reward decreases

difficulty adjustment will never be perfect :/ there are many attempts at getting the perfect system,
but especially when the network is prone to large fluctuations in stake weight (wallets offline for much time) it will continue to vary widely.

.

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bumbacoin
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October 23, 2017, 02:22:05 AM
 #1078

another way to help with connnecting to the network is to use inbuilt IRC
you''ll need to add
Code:
irc=1
to your electracoin.conf

on start-up yr client will then connect to irc, and join a dedicated electracoin chatroom to look for other clients

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minerja
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October 23, 2017, 08:36:16 AM
 #1079

Hi,

Could anyone please let me know where i can find a wallet that will run on Ubuntu 16.04.
I have no idea how to compile, but if anyone has the github links and can walk me through it, i will happily try compiling.

Thanks
J
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October 23, 2017, 01:17:51 PM
 #1080

For those who can't get there wallet to sync, don't forget to create the electra.conf file in the appdata folder for electra and add the nodelist given in the OP.
I wondered why it was not syncing and noticed there was no conf file present in that folder.
So I created it and added all nodes to it. Now syncing is lighting fast and almost ready to add my coins to the wallet.

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