Bitcoin Forum
February 28, 2024, 01:51:49 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 [53] 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 »
  Print  
Author Topic: [ANN] Fastcoin - FST - The Fastest coin so far in the market - is launched!!  (Read 237826 times)
almightyruler
Legendary
*
Offline Offline

Activity: 2268
Merit: 1092


View Profile
February 23, 2015, 08:44:31 AM
 #1041

The networkhashps option that shows the total network hashrate doesn't include the P2Pool network because of it being decentralized and the way it calculates payouts by the amount of shares submitted.

I've had a quick look at GetNetworkHashPS() in rpcmining.cpp, and it seems to calculate the average hashrate based on the difference in time and work between the current block, and an earlier one (covering a reasonable period). I don't understand why blocks that p2pool found would not be included in this calculation.
1709128309
Hero Member
*
Offline Offline

Posts: 1709128309

View Profile Personal Message (Offline)

Ignore
1709128309
Reply with quote  #2

1709128309
Report to moderator
1709128309
Hero Member
*
Offline Offline

Posts: 1709128309

View Profile Personal Message (Offline)

Ignore
1709128309
Reply with quote  #2

1709128309
Report to moderator
"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1709128309
Hero Member
*
Offline Offline

Posts: 1709128309

View Profile Personal Message (Offline)

Ignore
1709128309
Reply with quote  #2

1709128309
Report to moderator
1709128309
Hero Member
*
Offline Offline

Posts: 1709128309

View Profile Personal Message (Offline)

Ignore
1709128309
Reply with quote  #2

1709128309
Report to moderator
1709128309
Hero Member
*
Offline Offline

Posts: 1709128309

View Profile Personal Message (Offline)

Ignore
1709128309
Reply with quote  #2

1709128309
Report to moderator
m0gliE
Full Member
***
Offline Offline

Activity: 129
Merit: 102


View Profile
February 24, 2015, 08:33:18 AM
 #1042

The networkhashps option that shows the total network hashrate doesn't include the P2Pool network because of it being decentralized and the way it calculates payouts by the amount of shares submitted.

I've had a quick look at GetNetworkHashPS() in rpcmining.cpp, and it seems to calculate the average hashrate based on the difference in time and work between the current block, and an earlier one (covering a reasonable period). I don't understand why blocks that p2pool found would not be included in this calculation.

If you look now, GetNetworkHashPS is showing 178 MH/s while P2Pool's network is reflecting 391MH/s.
lifeforcepools
Sr. Member
****
Offline Offline

Activity: 616
Merit: 253


View Profile
February 24, 2015, 08:52:16 AM
 #1043

I SEE 272

BUY CRYPTO AT REASONABLE RATES
▄▄███████▄▄
▄█████▀ ▀█████▄
██████ ▄█▄ ██████
██████ █████ ██████
█████ ▄ ███ ▄ █████
████▌▐██ █ ██▌▐████
███▄ ▀▀▌ ▐▀▀ ▄███
▀████▄▄ ▄▄████▀
▀▀███████▀▀
▄▄███████▄▄
▄█████▀█▀█████▄
████        ▀████
███████  ███  █████
███████      ▀█████
███████  ███  █████
████        ▄████
▀█████▄█▄█████▀
▀▀███████▀▀
▄▄███████▄▄
▄█████▀▀▀█████▄
██████   ▐███████
██████▌   ▀▀███████
█████▀    ▄████████
████▄    ▀▀▀▀▀▀████
███▌         ▄███
▀█████████████▀
▀▀███████▀▀
&OTHER
COINS
m0gliE
Full Member
***
Offline Offline

Activity: 129
Merit: 102


View Profile
February 24, 2015, 09:05:00 AM
 #1044

I SEE 272

Just went up - bouncing around 251 MH/s while P2Pool is 330MH/s

P2Pool node - http://inetrader.com:5150/static/
almightyruler
Legendary
*
Offline Offline

Activity: 2268
Merit: 1092


View Profile
February 24, 2015, 12:09:42 PM
 #1045

I SEE 272

Just went up - bouncing around 251 MH/s while P2Pool is 330MH/s

P2Pool node - http://inetrader.com:5150/static/

The difference between the client and P2Pool estimate could simply be because one is averaging more blocks than the other.

The client will use up to 300 prior blocks to calculate the network hashrate; under perfect conditions, 300 blocks is an hour. The fact that P2Pool's estimated hashrate is more erratic suggests a shorter sample period.

I don't think it's even feasible to postulate that P2Pool could somehow magically be hashing at a higher rate than the overall FST network, since it writes found blocks to the chain, just like a solo miner, or centralised pool. The blocks in the chain define the hashrate, including those found by P2Pool. If P2Pool was indeed somehow hashing "out of band" then there must be some incredible inefficiency present somewhere, which is causing it to waste hashing power.
m0gliE
Full Member
***
Offline Offline

Activity: 129
Merit: 102


View Profile
February 26, 2015, 01:12:46 AM
 #1046

I SEE 272

Just went up - bouncing around 251 MH/s while P2Pool is 330MH/s

P2Pool node - http://inetrader.com:5150/static/

The difference between the client and P2Pool estimate could simply be because one is averaging more blocks than the other.

The client will use up to 300 prior blocks to calculate the network hashrate; under perfect conditions, 300 blocks is an hour. The fact that P2Pool's estimated hashrate is more erratic suggests a shorter sample period.

I don't think it's even feasible to postulate that P2Pool could somehow magically be hashing at a higher rate than the overall FST network, since it writes found blocks to the chain, just like a solo miner, or centralised pool. The blocks in the chain define the hashrate, including those found by P2Pool. If P2Pool was indeed somehow hashing "out of band" then there must be some incredible inefficiency present somewhere, which is causing it to waste hashing power.

What's happening is that the P2Pool network has so much hashrate that it's solving multiple's of the same blocks, causing some to orphan which in turn causes the daemon to improperly calculate the hashrate. So essentially the pool is assuming it has more hashrate because of the multiple blocks being submitting at the same time.

morphtrust
Sr. Member
****
Offline Offline

Activity: 259
Merit: 250



View Profile WWW
February 27, 2015, 10:12:32 PM
 #1047

where is a good pool to mine fast that is not P2P? every pool on the list that is on the official site is crap. either the site can not be loaded or found, is a fishing site or the pool does not work at all.

"Violence, is the last refuge of the incompetent."
"Never let your sense of morals prevent you from doing what is right."
danieluk9
Full Member
***
Offline Offline

Activity: 140
Merit: 100


View Profile
February 28, 2015, 01:37:17 AM
 #1048

where is a good pool to mine fast that is not P2P? every pool on the list that is on the official site is crap. either the site can not be loaded or found, is a fishing site or the pool does not work at all.
I could make one if people would use it... I made an SBC one as it's currently pretty much top ranking on Coinwarz http://151.80.140.87/MPOS/public/index.php?page=register

But as I said, if anyone would be interested in a pool I wouldn't mind giving it a shot
Sprite160
Sr. Member
****
Offline Offline

Activity: 281
Merit: 250


View Profile
February 28, 2015, 03:34:05 AM
 #1049

Not sure why, but the wallet seems to lock up on my pool. I have to keep going in to restart the wallet, and there are TON of pending/unconfirmed but not orphaned blocks. Going to shut down FST on diggerpool.com until this gets resolved. There has been a miner in there for a while, so I am going to send this person what I have in my personal wallet.

rikkie
Hero Member
*****
Offline Offline

Activity: 574
Merit: 500


Richard Coleman - Chief Executive @ CloudThink.IO


View Profile WWW
March 01, 2015, 04:16:57 PM
 #1050

FASTCOIN???
My wallet is downloading the blocks. NO problem, but it goes so slowly.
Already two days i'm downloading the blocks and still 70 weeks behind.
Is this normal?
Sprite160
Sr. Member
****
Offline Offline

Activity: 281
Merit: 250


View Profile
March 01, 2015, 06:57:57 PM
 #1051

FASTCOIN???
My wallet is downloading the blocks. NO problem, but it goes so slowly.
Already two days i'm downloading the blocks and still 70 weeks behind.
Is this normal?

Did you download the blockchain from the download page?

rikkie
Hero Member
*****
Offline Offline

Activity: 574
Merit: 500


Richard Coleman - Chief Executive @ CloudThink.IO


View Profile WWW
March 01, 2015, 08:50:08 PM
 #1052

FASTCOIN???
My wallet is downloading the blocks. NO problem, but it goes so slowly.
Already two days i'm downloading the blocks and still 70 weeks behind.
Is this normal?

Did you download the blockchain from the download page?

Oh, i have version 4.8.5

Should i have downloaded an old version perhaps?
Can i upgrade or is it better to restart again?
m0gliE
Full Member
***
Offline Offline

Activity: 129
Merit: 102


View Profile
March 03, 2015, 08:51:01 AM
 #1053

Not sure why, but the wallet seems to lock up on my pool. I have to keep going in to restart the wallet, and there are TON of pending/unconfirmed but not orphaned blocks. Going to shut down FST on diggerpool.com until this gets resolved. There has been a miner in there for a while, so I am going to send this person what I have in my personal wallet.

How much ram do you have on your host allocated to fastcoind? Did you also provide a large enough swapfile?
m0gliE
Full Member
***
Offline Offline

Activity: 129
Merit: 102


View Profile
March 03, 2015, 08:55:27 AM
 #1054

FASTCOIN???
My wallet is downloading the blocks. NO problem, but it goes so slowly.
Already two days i'm downloading the blocks and still 70 weeks behind.
Is this normal?

Did you download the blockchain from the download page?

Oh, i have version 4.8.5

Should i have downloaded an old version perhaps?
Can i upgrade or is it better to restart again?

You should try to run the -reindex command line perimeter, what happens is that after downloading the bootstrap/blockchian, the blocks will sometimes be out of sync from what the other nodes tries to send or request blocks you already have which causes the client to have to sort out the differences. Running the -reindex line helps organize the database and makes the rest of the sync process run more smoothly. Also, while importing the blockchain, it's a good idea to only connect to one node so this doesn't happen. Set maxconnections=1 in your .conf so you don't get several nodes sending you chunks of 500 blocks that you may already have. After you import, you can change to something like maxconnections=30 and then run -reindex if needed.

rikkie
Hero Member
*****
Offline Offline

Activity: 574
Merit: 500


Richard Coleman - Chief Executive @ CloudThink.IO


View Profile WWW
March 03, 2015, 05:56:27 PM
 #1055

FASTCOIN???
My wallet is downloading the blocks. NO problem, but it goes so slowly.
Already two days i'm downloading the blocks and still 70 weeks behind.
Is this normal?

Did you download the blockchain from the download page?

Oh, i have version 4.8.5

Should i have downloaded an old version perhaps?
Can i upgrade or is it better to restart again?

You should try to run the -reindex command line perimeter, what happens is that after downloading the bootstrap/blockchian, the blocks will sometimes be out of sync from what the other nodes tries to send or request blocks you already have which causes the client to have to sort out the differences. Running the -reindex line helps organize the database and makes the rest of the sync process run more smoothly. Also, while importing the blockchain, it's a good idea to only connect to one node so this doesn't happen. Set maxconnections=1 in your .conf so you don't get several nodes sending you chunks of 500 blocks that you may already have. After you import, you can change to something like maxconnections=30 and then run -reindex if needed.



I'm gonna try to do it as you explained in the post above.
Thanks for helping me.
rikkie
Hero Member
*****
Offline Offline

Activity: 574
Merit: 500


Richard Coleman - Chief Executive @ CloudThink.IO


View Profile WWW
March 03, 2015, 06:54:37 PM
 #1056

FASTCOIN???
My wallet is downloading the blocks. NO problem, but it goes so slowly.
Already two days i'm downloading the blocks and still 70 weeks behind.
Is this normal?

Did you download the blockchain from the download page?

Oh, i have version 4.8.5

Should i have downloaded an old version perhaps?
Can i upgrade or is it better to restart again?

You should try to run the -reindex command line perimeter, what happens is that after downloading the bootstrap/blockchian, the blocks will sometimes be out of sync from what the other nodes tries to send or request blocks you already have which causes the client to have to sort out the differences. Running the -reindex line helps organize the database and makes the rest of the sync process run more smoothly. Also, while importing the blockchain, it's a good idea to only connect to one node so this doesn't happen. Set maxconnections=1 in your .conf so you don't get several nodes sending you chunks of 500 blocks that you may already have. After you import, you can change to something like maxconnections=30 and then run -reindex if needed.



I have done as mentioned.
It goes indeed much faster.
Downloading the blocks goes much quicker now.
Thanks for the help.
Cash BTC
Member
**
Offline Offline

Activity: 154
Merit: 10


View Profile
March 07, 2015, 02:11:04 AM
 #1057

How fast it is compared to Paycoin?
www.paycoin.com
m0gliE
Full Member
***
Offline Offline

Activity: 129
Merit: 102


View Profile
March 07, 2015, 03:59:43 AM
 #1058

How fast it is compared to Paycoin?
www.paycoin.com

Much faster...

Fastcoin has a 12 second block time compared to their 60 seconds block time.
Fastcoin transactions confirm after 4 blocks, making a transaction complete in 48 seconds!
Compare this to their 5 confirmations x 60 seconds = 5 minutes to confirm a transaction.

They also require no transaction fee, which does not give their miners any incentive to mine.

Fastcoin has been sustained by providing miners a decent amount of fees for relaying transactions.

Fastcoin is not only fast, but it is also sustainable for it's community of loyal miners and their operations.
Cash BTC
Member
**
Offline Offline

Activity: 154
Merit: 10


View Profile
March 08, 2015, 01:39:55 PM
 #1059

How fast it is compared to Paycoin?
www.paycoin.com

Much faster...

You probably never used Paycoin, it has nearly instant transaction.

An average confirmation is around 2/5 seconds and at maximum less than a minute.

It achieve this by having a nearly centralised mining in the hand of a single Company GAW Miners. I tried it and it has nearly instant transactions.

FastCoin is interesting if it can achieve the same result without having centralised mining.
shieldcoindevs
Newbie
*
Offline Offline

Activity: 57
Merit: 0


View Profile
March 08, 2015, 04:40:40 PM
 #1060

http://inetrader.com/ looks like this pool is taking 90% of the coins instead of paying out.
Pages: « 1 ... 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 [53] 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!