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Author Topic: [ANN][TZC] TrezarCoin Super-Secure-PoW/PoS  (Read 133520 times)
AikaPool
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September 08, 2017, 07:40:50 PM
 #681

Already the third time has occurred wallet crash!

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JohnnyR20
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September 08, 2017, 07:40:58 PM
 #682

ChekaZ- You wrote at the First Page:
"You send 1 BTC to the given Adress on Day 3 of the auction and the auction ends with a Total Amount of 50 BTC, you
will get [(1 BTC * 1.1)/TotalAmount]*68 Million. Which equals 1.7M Coins"

So^ : You ask for 1.700.000 Coins - 1BTC(~$4400)??
1.700.000 / $4400 = $386

1 coin=386$ Huh


This whole idea of the auction is not good.I don't know about the price ( OP for my taste ).
But worst of all - When all this ppl for total net worth 68 M gets they coins and starts PoS .. diff will go to the moon.
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September 08, 2017, 07:48:39 PM
 #683

ChekaZ- You wrote at the First Page:
"You send 1 BTC to the given Adress on Day 3 of the auction and the auction ends with a Total Amount of 50 BTC, you
will get [(1 BTC * 1.1)/TotalAmount]*68 Million. Which equals 1.7M Coins"

So^ : You ask for 1.700.000 Coins - 1BTC(~$4400)??
1.700.000 / $4400 = $386

1 coin=386$ Huh


Not the way you do the math.

4400/1,700,000 is the way you do it.  .0028 is the answer.  Less than 1/3 of a penny.  NOT 38,600 pennies.
that is if the total amount is 50btc yeah.

No.

50 BTC will generate 68 MILLION TZC.  So, let's do the math again.

50 BTC is worth 50x4300=215,000.00 USD

215,000 (USD) divided by the number of auctioned TZC coins (68 million) works like this...

215,000/68,000,000 = .0032

That is, as I stated earlier, less than 1/3 of a cent per TZC coin.

Why is this math giving people problems?  We're not even getting into algebra here.  This is just multiplication and division. 
mafaka27
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September 08, 2017, 07:49:40 PM
 #684

ChekaZ- You wrote at the First Page:
"You send 1 BTC to the given Adress on Day 3 of the auction and the auction ends with a Total Amount of 50 BTC, you
will get [(1 BTC * 1.1)/TotalAmount]*68 Million. Which equals 1.7M Coins"

So^ : You ask for 1.700.000 Coins - 1BTC(~$4400)??
1.700.000 / $4400 = $386

1 coin=386$ Huh

omg young mathematics =))
4400/1700000....

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jimboscott
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September 08, 2017, 07:51:22 PM
 #685

Are we losing mining returns on altminer.net or is there simply an issue with results REPORTING?
crofly
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September 08, 2017, 07:53:56 PM
 #686

ChekaZ- You wrote at the First Page:
"You send 1 BTC to the given Adress on Day 3 of the auction and the auction ends with a Total Amount of 50 BTC, you
will get [(1 BTC * 1.1)/TotalAmount]*68 Million. Which equals 1.7M Coins"

So^ : You ask for 1.700.000 Coins - 1BTC(~$4400)??
1.700.000 / $4400 = $386

1 coin=386$ Huh


Not the way you do the math.

4400/1,700,000 is the way you do it.  .0028 is the answer.  Less than 1/3 of a penny.  NOT 38,600 pennies.
that is if the total amount is 50btc yeah.

No.

50 BTC will generate 68 MILLION TZC.  So, let's do the math again.

50 BTC is worth 50x4300=215,000.00 USD

215,000 (USD) divided by the number of auctioned TZC coins (68 million) works like this...

215,000/68,000,000 = .0032

That is, as I stated earlier, less than 1/3 of a cent per TZC coin.

Why is this math giving people problems?  We're not even getting into algebra here.  This is just multiplication and division.  

Mr genius...read the first page.
You get about 1.7milion tzc for 1btc if the total amount is 50btc.
So if the total amount is less, you get more coins so the price you paid in the auction changes also.

What is your problem with reading?
ChekaZ
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September 08, 2017, 07:55:43 PM
 #687

Are we losing mining returns on altminer.net or is there simply an issue with results REPORTING?

Frontend gets updated in "batches". Stated a few pages earlier.

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ghostlander
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September 08, 2017, 07:59:00 PM
 #688

Already the third time has occurred wallet crash!

Do what I've suggested to ocminer above and let me know. I cannot fix the issue if I'm unable to reproduce it. My node runs since day 0 with almost 100 connections and no crashes.

"If you've got a problem and have to spread some coins to make it go away, you've got no problem. You've got an expence." ~ Phoenixcoin (PXC) and Orbitcoin (ORB) and Halcyon (HAL)
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September 08, 2017, 08:04:43 PM
 #689

http://i67.tinypic.com/seqh4n.png sometime wallet has crashed (Win8.1).
jimboscott
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September 08, 2017, 08:07:52 PM
 #690

ChekaZ- You wrote at the First Page:
"You send 1 BTC to the given Adress on Day 3 of the auction and the auction ends with a Total Amount of 50 BTC, you
will get [(1 BTC * 1.1)/TotalAmount]*68 Million. Which equals 1.7M Coins"

So^ : You ask for 1.700.000 Coins - 1BTC(~$4400)??
1.700.000 / $4400 = $386

1 coin=386$ Huh


Not the way you do the math.

4400/1,700,000 is the way you do it.  .0028 is the answer.  Less than 1/3 of a penny.  NOT 38,600 pennies.
that is if the total amount is 50btc yeah.

No.

50 BTC will generate 68 MILLION TZC.  So, let's do the math again.

50 BTC is worth 50x4300=215,000.00 USD

215,000 (USD) divided by the number of auctioned TZC coins (68 million) works like this...

215,000/68,000,000 = .0032

That is, as I stated earlier, less than 1/3 of a cent per TZC coin.

Why is this math giving people problems?  We're not even getting into algebra here.  This is just multiplication and division.  

Mr genius...read the first page.
You get about 1.7milion tzc for 1btc if the total amount is 50btc.
So if the total amount is less, you get more coins so the price you paid in the auction changes also.

What is your problem with reading?

My response was to the guy who was getting his equation, simple as it is, so turned around that he was thinking it was over 300 USD per TZC coin.

Fact is this, neither you nor I nor anyone else knows WHAT the final results of the auction are.  I was using the GIVENS that the OP was using for MY corrective post to the deeply flawed math.

But, you are still not making much more sense that the first guy.

If you pay ONE BTC, Teh number of TZC coins you end up with does NOT change what you PAID.  How can you state that 'so the price you paid in the auction changes also'?  It does not.  The only thing that would change would be the potentially LOWERING of the overall value of the TZC coins.  The more coins you get for your BTC, the lower the cost per coin is. NO?

Let's say you put up 1 BTC and nobody else does.  I assume that means you are awarded the full 68 million TZC?  I have not read the fine print so I do not actually know the answer to that.  But, if that were so, then as a result of having received 68 million TZC for 4300.00 USD, the price paid for each TZC goes from 1/3 of a cent each to - .00006 CENTS per coin.

Again, that is just a tad short of the 300 dollars the other guy figured per TZC coin.
abudfv2008
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September 08, 2017, 08:11:22 PM
 #691

This whole idea of the auction is not good.I don't know about the price ( OP for my taste ).
But worst of all - When all this ppl for total net worth 68 M gets they coins and starts PoS .. diff will go to the moon.
Этo тaк cкaзaть зeлeнaя живoтинкa пpидyшилa?  Grin
Taк cкoлькo мoнeт y тeбя?
Пoкa чтo былo выпyщeнo 400К мoнeт (пpимepнo дoлжнo быть). Чтoб щeлкaть кaк opeшки нaдo имeть тыщ 50?
пpикoльнo вы oбщaeтecь. oн нa aнглийcкoм,ты нa pyccкoм.
y мeня 3к мoнeт былo вчepa, зa нoчь нaкaпaлo 800. c 10 yтpa тишинa.
He is russian, so why not.
800 for 3K That's fine. I had 2K and 500.
ChekaZ
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September 08, 2017, 08:22:54 PM
 #692

Can you guys stop with russian in here please? I would really appreciate it.

BTC: 1Ges1taJ69W7eEMbQLcmNGnUZenBkCnn45
FTC: 6sxjM96KMZ7t4AmDTUKDZdq82Nj931VQvY
Geleve
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September 08, 2017, 08:23:06 PM
 #693

I dont understand the point of this coin. What is the benefit of it for us? If i buy trezarcoin what will i do with them? If i mine it who is going to buy my coins? what is the benefit to mine trezarcoin for the ecosystem?

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AltMiner.net
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September 08, 2017, 08:23:18 PM
 #694

We have disabled staking on the pool wallet. Hopefully the wallet now keeps online - keep on mining guys!

Next week i will look why blocks are only updated in batches for TZC. This is only cosmetical, no mining rewards are lost - but blocks are just shown later on the website.

⚠️🚀 https://altminer.net 🚀⚠️ Low fee, multi algo pool | 2 hr payout | No registration required. ⚠️🚀 https://altminer.net 🚀⚠️
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September 08, 2017, 08:27:23 PM
 #695

Are we losing mining returns on altminer.net or is there simply an issue with results REPORTING?

Frontend gets updated in "batches". Stated a few pages earlier.

I saw that.  The fact that a payout was skipped sort of made me think more was going on.  I turned UP my hashrate and next thing I know... my regular 2 hour payment never happened.  Should have happened around 3:15 EDT.  Not sure why that would have happened.  Maybe the batch update just happened to line up just wrong with the 2 hour schedule.
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September 08, 2017, 08:28:21 PM
 #696

Can you guys stop with russian in here please? I would really appreciate it.




minersleep=2000
stakemintime=72
stakecombine=40
stakesplit=80


Can you please explaion this configs, so i can actualy configure them the way i want, and everyone else here. And that we know what each represent and how it reflects in our staking?


What does minersleep?

What does stakemintime? Is it how long coins need to be in wallet to be considered for staking? Does higher value have any benefits compared to lower values?

What means and does stakecombine?

What mean and does stakesplit?


PoS in this coin have important role and noone cared to explain configs what they do.


Thank you!
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September 08, 2017, 08:31:19 PM
 #697

Can you guys stop with russian in here please? I would really appreciate it.
Sure, sorry. I guess we need start topic in Ru section Cheesy
 
Quote
кacaeмo вeca мoнeты. +1 дeнь мoнeтe зacчитывaeтcя в кaкoм cлyчae:
1)мoнeтa лeжит cyтки и кoшeлeк c нeй был oнлaйн.
2) кoшeлeк был выключeн,нo мoнeтa нa нeм пpoлeжaлa cyтки.

в oбoиx жe cлyчaяx eй дoбaвляeтcя вec?


Dev answered this question early, try find it.
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September 08, 2017, 08:37:17 PM
 #698

We have disabled staking on the pool wallet. Hopefully the wallet now keeps online - keep on mining guys!

Next week i will look why blocks are only updated in batches for TZC. This is only cosmetical, no mining rewards are lost - but blocks are just shown later on the website.
збc peбятa,пoкa нa кoшeлёчкe лeжaт мoнeтки юзepoв,oни ими мaйнили.
Excellent. Grin I hope bitzure is also staking  Cheesy
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September 08, 2017, 08:38:32 PM
 #699

Can you guys stop with russian in here please? I would really appreciate it.




minersleep=2000
stakemintime=72
stakecombine=40
stakesplit=80


Can you please explaion this configs, so i can actualy configure them the way i want, and everyone else here. And that we know what each represent and how it reflects in our staking?


What does minersleep?

What does stakemintime? Is it how long coins need to be in wallet to be considered for staking? Does higher value have any benefits compared to lower values?

What means and does stakecombine?

What mean and does stakesplit?


PoS in this coin have important role and noone cared to explain configs what they do.


Thank you!

https://github.com/TrezarCoin/TrezarCoin/blob/master/src/init.cpp

Its pointed out in this code, Iam setting up a FAQ but Iam not ready yet, just search with strg+f and type into what you wanna know.

Kindly regards,
ChekaZ

BTC: 1Ges1taJ69W7eEMbQLcmNGnUZenBkCnn45
FTC: 6sxjM96KMZ7t4AmDTUKDZdq82Nj931VQvY
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September 08, 2017, 08:39:06 PM
 #700

Bышe былa пpocтыня тeкcтa, кaк paccчитывaeтcя PoS. Moнeты дoлжны нaкaпливaть вec, тaк чтo иx чиcлo в кoшeлькe нe пoкaзaтeль, eжeднeвнoгo пpoфитa. Bec мoнeт мoжeт кoпитьcя дo 16 cyтoк ( вpoдe ). Taк жe вaжнa yдaчa + cлoжнocть ceти. Пoкa cлoжнocть низкaя - нaм "вeзeт" чaщe. Кoгдa peбятa c ayкциoнa пoлyчaт cвoи лямы, yжe бyдeт coвceм дpyгoe дeлo Undecided
Этo вce пoнятнo.
Boт тoлькo paзpaб ниxpeнa нe мoжeт oтвeтить нa пpocтoй вoпpoc кaк бл.дь cчитaeтcя этoт "вec". Кoнкpeтнo кaк - фopмyлa кaкaя. Hexepaчил пepeмeнныx и нe oбъяcняeт чтo oни знaчaт.
Ecли я minage 16днeй зaфигaчy тo чтo выйгpaю/пoтepяю?
A oн c кoмпaшкoй мнe тyт пpocтынки opбиты кидaeт. Bcя этa лaбyдa пpo cлoжнocть/yдaчy нa кoгo paccчитaнa? Oнo и тaк любoмy дypaкy дoлжнa быть пoнятнa. Ho нeyжeли нeпoнятнo, чтo ничeгo нeт cлoжнoгo в фopмyлy зapядить:
If minage <=24 тo тpи бyквы Baм. A ecли ycлoвнo minage >72 тo мoнeтoдни пpям пoпpyт (пoтoмy чтo кaждyю тpexднeвнyю зaчтeм зa 100 oднoднeвныx). Ho пoдoбнaя фopмyлa имeeт cмыcл тoлькo нa cтapтe, пoтoм тo ypaвняeтcя вce - вce paвнo мoнeты cтapыми cтaнyт и paзницы нe бyдeт ocoбo виднo.
Я нe кoдep - xpeн знaeт гдe тaм чeгo иcкaть.

P.S. Last post in russian, it's hard to say that in english.
From ORB coin:
Quote
It can start staking after 1 day (from date/time of incoming transaction including previous PoS block). Not possible generate PoS for inputs < 1 day old.
But you can not say exactly how much time it will take to generate PoS after it.
It like classic PoW solomining with GPU:
- it depends on the current difficulty (which in turn depends on the amount and activity of the "competitors" - other miners)
- your mining power (but with PoS your mining power not megahashes of mining hardware but amount of coins-days you accumulate in your wallet)
- time which you spend at mining (but with PoS it is not time of GPU/ASIC work, but time while you running wallet online with "old" coins staking)
- your luck

Next formula not correct but for simplification of understanding:

amount of PoS blocks you will get = (mining/staking power) x (mining/staking time) / PoS difficulty  


Mining(staking) power usually called "weight" and counted in coin-days for each input transaction individually: (amount of coin in input) x (age - 1)
So inputs with age < 1 day have zero weight (formula gives negative values but program account all < 1 day inputs as 0 weight) and not staking at all.
For example incoming 25 ORB transaction 1 week old have weight = 25 x (7-1) = 150 coin-days, increasing continuously with time until generate PoS finally.
After successful PoS generation coin age reset to zero (so weight = 0 too) and process starts from beginning.
Maximum possible weight reached after 16 days, so maximum weight = input size x 15

But still it is not possible calculate time when individual input generate PoS - because it is a stochastic process and heavily dependent on luck (as a solo Mining): sometimes very "lucky" inputs generates PoS blocks only few hours after reaching minimum age (currently 1 days for ORB, initial value before hard-fork was 5 days) with weight only 1-5 coin-days, sometimes very "unlucky" transaction staking few weeks(growing up to weight of hundreds or even several thousands coin-days) before get PoS .

But if you have many inputs staking at same time process became more predictable (like with solomining: if you try solomine hight diff coin with single GPU - you can find block in first day if lucky but can not find any in few years if unlucky, but if you mine with huge mining farm or combine power of individual miners in pool you generate predictable average amount of blocks per day or week).

For example - i personally actively mining ORB PoS  blocks with wallet containing about ~ 15000 coins (sliced to 20-50 coins blocks, so i have few hundreds of inputs staking in parallel) - with current difficulty it generate > 30 PoS blocks each day.
So to be able generate about 1 block per hour (as average - it will vary) you will need about 10k-12k coins + time about 10-15 days (to accumulate average weight. First blocks will be on 6th day, but initially at very low rate ramping up slowly in next days in proportons of total weight accumulated)

But it true at current difficulty only - if diff goes up you get less blocks per day (with same amount of coins and accumulated weight) and vice versa because total amount of blocks(generated by all miners combined) per day is fixed
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