[BTB] The BitBar Information Thread

[Spidersbox]

It's not that I mind, it's more that I don't think my home network can take much more. My gpu rig is mining diamonds at 20 Mh, my ant miner is chugging along at 2 Th, and my two ASCI rigs are at 45Mh (combined) on top of that, I have a mail server, an ftp server and am hosting about 10 websites all on my home DSL network. keep in mind that the pool server has about six wallets running and my desktop computer has 4 or five wallets running.

Netflix is starting to stutter.

Let's get past this little forking issue, pull the BTB community together a bit, and see about getting a wallet developer on board. Once that is handled, or we can show there is progress in the works, more pools will pick up bitbar.

It's a good, sound crypto with a lot going for it already - think how well it will do when we have dev team behind it!

I like the idea of squishing 10 bitcoins together to make a bar, but I don't think the original developers set it up correctly to be that valuable, at lest right now....
the block reward is too high and the pos reward is too high to make the coin/bar that valuable - look at the 42coin, well, i don't think it is pos - but the block reward is so much less - like .000042 per block. at 24 hours of hashing at 40Mh earns about .0031 of a 42coin per day (about .0047 BTC)- at it's current difficulty. 1 full 42coin is worth roughly about 1.83 BTC
With the same hashrate (and this is just a guess) you should pick up about 3 Bitbars a day.

I have no intentions to change the way bitbar works.    (side note: it would be nice if the block time could be reduced to like 90 seconds...)

Maybe down the line we, as a community, can have a discussion on the future of bitbar and decide IF we want to make changes and what they are.

Right now I just want to help strengthen the community support, and get bitbar in the public eye. (and buy a lot of bitbars before the price goes up  -  shh. don't spread it around  )

Please, if anybody has some input, good or bad, please speak up!




 

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[alt19]

any block explorer?
estimated Bitbar inflation or total supply over the next 10 years?

the information is needed for http://alt19.com/19/cryptocurrency.php

thanks

[Spidersbox]

any block explorer?
estimated Bitbar inflation or total supply over the next 10 years?

the information is needed for http://alt19.com/19/cryptocurrency.php

thanks

block explorer:
http://btb.cryptocoinexplorer.com/

[alt19]

any block explorer?
estimated Bitbar inflation or total supply over the next 10 years?

the information is needed for http://alt19.com/19/cryptocurrency.php

thanks

block explorer:
http://btb.cryptocoinexplorer.com/

Thank you!
available supply now is 20,715 BTB.
But inflation matters, so the question remains: how many coins will be minted over the next 10 years?

[Spidersbox]

any block explorer?
estimated Bitbar inflation or total supply over the next 10 years?

the information is needed for http://alt19.com/19/cryptocurrency.php

thanks

block explorer:
http://btb.cryptocoinexplorer.com/

Thank you!
available supply now is 20,715 BTB.
But inflation matters, so the question remains: how many coins will be minted over the next 10 years?

I don't know about inflation.
It's my understanding that 500,000 BTB will be mined. I don't know the current hash rate.
Keep in mind that the difficulty and block reward can adjust with each block.
Then there is the POS reward (I think it is %5) - hard to figure if you don't know who is holding.
I suppose you could study the block chain for a while and guess.....

[lukemarshall]

A status update,

As of 10/20/15 Bitbar wallet is still in maintenance mode at cryptsy. I opened a support ticket, and haven't heard back from them as of yet. I sent Mullick a PM here describing the situation as well, and for some possible input/insight but have not gotten a response.

Crypto coin Explorer block Explorer is still connected to at least 9 peers, and still processing blocks. It may be that they are on a correct chain, if in fact cryptsy isn't on a rouge chain as we may suspect. For now, Dreamwatcher will continue to monitor the current chain being monitored at CCExplorer, until definite word/ conclusion can be ascertained from cryptsy.

I also set up an account with Mintsy, which offers dedicated mining contracts. I I am uncertain if they offer mining support for Bitbar, but have contacted their support to see if that is a possibility. I was entertaining the idea of perhaps a Mining contract in order to have dedicated hash power on the chain, to help prevent situations that we may be encountering at the moment. this may be accomplished through crowdfunding, if we can garner the support.

more to come

[Spidersbox]

I had sent Mullick a PM several days ago (1/18/2015) asking if he could put me/us in contact with a reputable developer. I explained free would be awesome - but we as a group could probably scrape some funds together if need be.
I also asked him what would be an acceptable amount for a bounty.

I submitted a ticket to cryptsy on Oct 13th asking for a connection list from their BTB wallet. (how hard can it be - putty/ssh in to the wallet server and type bitbard getpeerinfo and email it to me)
I wanted to start a new wallet on the other fork so I could make a zip file of it to put on the Bitbar.co web site - if it turns out we are on the wrong chain.

I am waiting on replies from both.

[alt19]

any block explorer?
estimated Bitbar inflation or total supply over the next 10 years?

the information is needed for http://alt19.com/19/cryptocurrency.php

thanks

block explorer:
http://btb.cryptocoinexplorer.com/

Thank you!
available supply now is 20,715 BTB.
But inflation matters, so the question remains: how many coins will be minted over the next 10 years?

I don't know about inflation.
It's my understanding that 500,000 BTB will be mined. I don't know the current hash rate.
Keep in mind that the difficulty and block reward can adjust with each block.
Then there is the POS reward (I think it is %5) - hard to figure if you don't know who is holding.
I suppose you could study the block chain for a while and guess.....

inflation mattes, about POS it's really difficult to estimate, you're right, that's why I ask the community/devs.
you could ESTIMATE it... just estimate

[alt19]

also what can you say about BTB checkpoints?

thanks

[Spidersbox]

also what can you say about BTB checkpoints?

thanks

Check points are severely outdated.
There is no check point server running anywhere, and the developer 'moved on to other things'.
We are currently looking for a new developer.

As for your coin supply and inflation questions, I'm hoping someone else can jump in and help with that because I simply do not know.

[userpike]

how do you get a checkpoint server running?

[Spidersbox]

how do you get a checkpoint server running?

That's a good question I've been asking myself. I just haven't had time to look into it yet.
My concerns are band width.
How many connections, are they constant connections, could my current network configuration handle it, how important is it ??

I've been running servers for over 15 years, and will probably continue until the day I die, so whats one more service ??
I've been planning on looking into that when I get back from NY.

many things to do.....

[userpike]

I have plenty of bandwidth, I just don't know what to do. I'm not finding anything very helpful on the Google either. If the server could run off a Pi, I could do that. I don't know if my computer can handle it, I keep 12 staking wallets running on it 24/7 and the cpu stays around 70% already, plus I do everything thing else imaginable with it also.

On a better note..kinda..but not really.
My BTB wallet has staked 4 times since the 18th...but for 0.0BTB each time.. whats the use? lol I'm thinking there is a smaller amount than what is shown because the dev only set it to show 1 decimal after the . I hope anyway.

I wish this fork thing would hurry up and get right. Cryptsy is taking forever with wallet maintenance, not only on BTB.

[Spidersbox]

Cryptsy is really busy - not just the wallets and web site changes, but thier main effort is with all the verification stuff.

My wallet has staked about 60 times ( around 12 times a day) all with 0.00 - at least we aren't loosing BTB.

As far as the check points, I'm starting to think it was just a passing phase, nobody seems to put much stock into it, from what I've been reading.

I've been looking for Jim Blasko on Cryptsys to see if he would be interested in being the dev for Bitbar, or could point me in the right direction. So far no luck - he must have heard I was looking

Haven't heard from Mullick yet....

[mamaspaliLa]

someone can upload all block in rar archive? please

[Spidersbox]

someone can upload all block in rar archive? please

there is a zip file of my windows wallet at http://Bitbar.co in the download area.
I made it 3 days before the chain forked. - you may want to wait a while until this fork gets resolved.

[Spidersbox]

I chatted with Jim Blasko. Turns out he is too busy to take over, but he did give me a list of three who might be interested:
5mil
Franko
Presstab

He had a forth name but said not to use him unless we were really-really desperate - tended to do bad things to coins, gone a little rouge.
I didn't bother writing that name down.

So I will try and contact the above listed people - and see what happens.

shot a pm to the Moderator mprep, to see about updating the OP, haven't heard back yet.
still haven't heard from Cryptsy about their peer list.
still haven't heard from Mullick.

[Spidersbox]

Dug this out of a post from two years ago.
This should help explain all the 0.00 stake rewards.

My bitbar daemon complains about not being 0.4.1. It's compiled straight from https://github.com/aLQ/bitbar. Where can I get the source for this elusive 0.4.1?

Same here and I have just started a giveaway   https://bitcointalk.org/index.php?topic=238328.0

- no rounding for PoS blocks, to address low PoS diff and those small PoS rewards

What does 'no rounding' mean?

Also, how are you in contact with the dev? And are you allowed to give his details?

Not everybody has their bitbar clients connected.
I think not everyone Know the 5% RoI on PoS.
That makes PoS difficulty is very low.
Low diff is why even small transactions can make PoS blocks after very small amount of time, and the reward is minimal.
rounding is up to 2 decimals, rounddown.  Super small rewards ale below rounding are not paid.

ex:

reward of 3.432353 is rounded to 3.43
reward of 3.439865 is rounded to 3.43
reward of 0.009234 is rounded to 0.00

 

POS reward is rounded down - or - the I look at it, everything after the second 0 after the decimal point (.00xxx) is dropped.

[userpike]

That, in my opinion sucks and needs to be changed in the code. Why would you set it to round up or down instead of being accurate..? How much BTB do you need for the stakes to be worth anything?

[Matthaggie]

Where can I find a working wallet?