[ANN] Elite [MANDATORY UPDATE] 1.337% APR | POS ONLY

[paramind22]

Some of us may use multiple old computers for staking so it makes it a hassle to have to open a lot of pages with browsers.  Taking the liberty of posting the page's instructions here:

Follow the steps below to update your wallet to latest version:

Close your old wallet (if its running)
Delete your old 1337-qt.exe (Windows), 1337-Qt.app (Mac), 1337-qt(Linux)
Go to your 1337 foder:
Windows: C:\Users\<username>\AppData\Roaming\1337
Mac: /Users/<username>/Library/Application Support/1337_XXXXXXXXXX/drive_c/users/<username>/Application Data/1337
Linux: /home/<username>/.1337
Backup your wallet.dat (save it somewhere safe like external drive)
Delete everything except wallet.dat
Download latest wallet from our official website https://www.elitecurrency.net/wallets
Extract the latest wallet zip file.
Run the latest wallet. Elite-qt.exe (Windows), Elite-qt.app (Mac), Elite-qt (Linux)
Now close your latest wallet.
Download latest snapshot from our official website https://www.elitecurrency.net/wallets
Extract the downloaded Elite-Snapshot.zip file
Go back to your 1337 folder:   
Windows: C:\Users\<username>\AppData\Roaming\1337
Mac: /Users/<username>/Library/Application Support/Elite_XXXXXXXXXX/drive_c/users/<username>/Application Data/1337
Linux: /home/<username>/.1337
Copy everything from your Elite-Snapshot folder to your 1337 folder
Restart your wallet.

If you do not see any connections, try the following:
Close your wallet.
Go to your 1337 folder above.
Create 1337.conf file and paste following:
addnode=45.55.165.214:13373
addnode=188.226.136.76:13373
addnode=128.199.82.237:13373
addnode=104.131.133.180:13373
Restart your wallet.

If you do not see your full balance upon restart, try the following:
Go to the Debug window in your wallet.
Make sure you’re on Console tab.
Type repairwallet and enter
Restart your wallet.

If you still experience issue, please contact us on Discord or Telegram and someone will assist you asap:
Discord: https://discord.gg/np7BmKV
Telegram: https://t.me/elitecoinofficial

Thank you,
Xenonflux

[gert63]

Some of us may use multiple old computers for staking so it makes it a hassle to have to open a lot of pages with browsers.  Taking the liberty of posting the page's instructions here:

Follow the steps below to update your wallet to latest version:

Close your old wallet (if its running)
Delete your old 1337-qt.exe (Windows), 1337-Qt.app (Mac), 1337-qt(Linux)
Go to your 1337 foder:
Windows: C:\Users\<username>\AppData\Roaming\1337
Mac: /Users/<username>/Library/Application Support/1337_XXXXXXXXXX/drive_c/users/<username>/Application Data/1337
Linux: /home/<username>/.1337
Backup your wallet.dat (save it somewhere safe like external drive)
Delete everything except wallet.dat
Download latest wallet from our official website https://www.elitecurrency.net/wallets
Extract the latest wallet zip file.
Run the latest wallet. Elite-qt.exe (Windows), Elite-qt.app (Mac), Elite-qt (Linux)
Now close your latest wallet.
Download latest snapshot from our official website https://www.elitecurrency.net/wallets
Extract the downloaded Elite-Snapshot.zip file
Go back to your 1337 folder:   
Windows: C:\Users\<username>\AppData\Roaming\1337
Mac: /Users/<username>/Library/Application Support/Elite_XXXXXXXXXX/drive_c/users/<username>/Application Data/1337
Linux: /home/<username>/.1337
Copy everything from your Elite-Snapshot folder to your 1337 folder
Restart your wallet.

If you do not see any connections, try the following:
Close your wallet.
Go to your 1337 folder above.
Create 1337.conf file and paste following:
addnode=45.55.165.214:13373
addnode=188.226.136.76:13373
addnode=128.199.82.237:13373
addnode=104.131.133.180:13373
Restart your wallet.

If you do not see your full balance upon restart, try the following:
Go to the Debug window in your wallet.
Make sure you’re on Console tab.
Type repairwallet and enter
Restart your wallet.

If you still experience issue, please contact us on Discord or Telegram and someone will assist you asap:
Discord: https://discord.gg/np7BmKV
Telegram: https://t.me/elitecoinofficial

Thank you,
Xenonflux

everything go a few monts back..
5a726f259de05d1cb55c4f27afd24cb70ae0b10f56c00ddba53d49869264e581-000

stays on this moment on december 2017


the t
last payment from fah.

Status: conflicted
Datum: 30-11-2017 14:17
Credit: 698922.45144191 1337
Netto bedrag: +698922.45144191 1337
Transactie-ID:: d3642b51c2faba375f64812be8ee59af87670a41aca4c3786faf6611a782439a

[xenonflux]

Some of us may use multiple old computers for staking so it makes it a hassle to have to open a lot of pages with browsers.  Taking the liberty of posting the page's instructions here:

Follow the steps below to update your wallet to latest version:

Close your old wallet (if its running)
Delete your old 1337-qt.exe (Windows), 1337-Qt.app (Mac), 1337-qt(Linux)
Go to your 1337 foder:
Windows: C:\Users\<username>\AppData\Roaming\1337
Mac: /Users/<username>/Library/Application Support/1337_XXXXXXXXXX/drive_c/users/<username>/Application Data/1337
Linux: /home/<username>/.1337
Backup your wallet.dat (save it somewhere safe like external drive)
Delete everything except wallet.dat
Download latest wallet from our official website https://www.elitecurrency.net/wallets
Extract the latest wallet zip file.
Run the latest wallet. Elite-qt.exe (Windows), Elite-qt.app (Mac), Elite-qt (Linux)
Now close your latest wallet.
Download latest snapshot from our official website https://www.elitecurrency.net/wallets
Extract the downloaded Elite-Snapshot.zip file
Go back to your 1337 folder:   
Windows: C:\Users\<username>\AppData\Roaming\1337
Mac: /Users/<username>/Library/Application Support/Elite_XXXXXXXXXX/drive_c/users/<username>/Application Data/1337
Linux: /home/<username>/.1337
Copy everything from your Elite-Snapshot folder to your 1337 folder
Restart your wallet.

If you do not see any connections, try the following:
Close your wallet.
Go to your 1337 folder above.
Create 1337.conf file and paste following:
addnode=45.55.165.214:13373
addnode=188.226.136.76:13373
addnode=128.199.82.237:13373
addnode=104.131.133.180:13373
Restart your wallet.

If you do not see your full balance upon restart, try the following:
Go to the Debug window in your wallet.
Make sure you’re on Console tab.
Type repairwallet and enter
Restart your wallet.

If you still experience issue, please contact us on Discord or Telegram and someone will assist you asap:
Discord: https://discord.gg/np7BmKV
Telegram: https://t.me/elitecoinofficial

Thank you,
Xenonflux

Good idea. Thanks!

[xenonflux]

Some of us may use multiple old computers for staking so it makes it a hassle to have to open a lot of pages with browsers.  Taking the liberty of posting the page's instructions here:

Follow the steps below to update your wallet to latest version:

Close your old wallet (if its running)
Delete your old 1337-qt.exe (Windows), 1337-Qt.app (Mac), 1337-qt(Linux)
Go to your 1337 foder:
Windows: C:\Users\<username>\AppData\Roaming\1337
Mac: /Users/<username>/Library/Application Support/1337_XXXXXXXXXX/drive_c/users/<username>/Application Data/1337
Linux: /home/<username>/.1337
Backup your wallet.dat (save it somewhere safe like external drive)
Delete everything except wallet.dat
Download latest wallet from our official website https://www.elitecurrency.net/wallets
Extract the latest wallet zip file.
Run the latest wallet. Elite-qt.exe (Windows), Elite-qt.app (Mac), Elite-qt (Linux)
Now close your latest wallet.
Download latest snapshot from our official website https://www.elitecurrency.net/wallets
Extract the downloaded Elite-Snapshot.zip file
Go back to your 1337 folder:   
Windows: C:\Users\<username>\AppData\Roaming\1337
Mac: /Users/<username>/Library/Application Support/Elite_XXXXXXXXXX/drive_c/users/<username>/Application Data/1337
Linux: /home/<username>/.1337
Copy everything from your Elite-Snapshot folder to your 1337 folder
Restart your wallet.

If you do not see any connections, try the following:
Close your wallet.
Go to your 1337 folder above.
Create 1337.conf file and paste following:
addnode=45.55.165.214:13373
addnode=188.226.136.76:13373
addnode=128.199.82.237:13373
addnode=104.131.133.180:13373
Restart your wallet.

If you do not see your full balance upon restart, try the following:
Go to the Debug window in your wallet.
Make sure you’re on Console tab.
Type repairwallet and enter
Restart your wallet.

If you still experience issue, please contact us on Discord or Telegram and someone will assist you asap:
Discord: https://discord.gg/np7BmKV
Telegram: https://t.me/elitecoinofficial

Thank you,
Xenonflux

everything go a few monts back..
5a726f259de05d1cb55c4f27afd24cb70ae0b10f56c00ddba53d49869264e581-000

stays on this moment on december 2017


the t
last payment from fah.

Status: conflicted
Datum: 30-11-2017 14:17
Credit: 698922.45144191 1337
Netto bedrag: +698922.45144191 1337
Transactie-ID:: d3642b51c2faba375f64812be8ee59af87670a41aca4c3786faf6611a782439a

If you are experiencing issues, please contact us on Discord or Telegram.

[Humulus]

what do you think, what are the prospects for this coin? unfortunately, I did not find your road map. what are the plans of the project in general? Will they somehow develop further?

[vella85]

what do you think, what are the prospects for this coin? unfortunately, I did not find your road map. what are the plans of the project in general? Will they somehow develop further?

The prospects look very good for Elite coin moving forward with many new things coming later in the year. The dev just wanted to get this latest wallet update out the way so then he can concentrate on the gaming aspect of the coin. The roadmap is on the first page of the OP, just scroll down a little and you'll see it there.  Here is a link to the Elite coin website with the roadmap also https://www.elitecurrency.net/roadmap

[paramind22]

Got it updated and with 375 blocks left to sync.   It's good to remember when coins go big, the average user isn't a techie and would have a lot of problems doing these kinds of things, even though they seem simple to us.   Any step you can leave out, like having to install a bootstrap, is a big plus in an upgrade.

[Digging]

Clean install using bootstrap and backed up wallet.dat worked flawlessly. Just had my first stake with new wallet and it seems the inflation problem is now a thing of the past, 11.5 mill block returned a stake of 3.6 Elite.
Nice work Xenonflux.

[AltScope]

Clean install using bootstrap and backed up wallet.dat worked flawlessly. Just had my first stake with new wallet and it seems the inflation problem is now a thing of the past, 11.5 mill block returned a stake of 3.6 Elite.
Nice work Xenonflux.

... do the math somethings bugged. If you think about it at 1.337% you should be getting over 5% of what you were at 20% but you're not
so if you were getting 6000-10,000 per stake at 20% surely you should be getting 300-500 per stake at 1.337%

11500000*0.01337= 153755
153755/3.6= 42709
42709/365= 117
you'd need to stake your input 117 times a day to get 1.337% apr for 11.5 million with rewards of 3.6

I know there are other factors such as weight but i have a lot of coins, they all stake at least once per day usually twice so its quite easy to estimate how many coins I should receive as a stake reward. for example my inputs are 150% the size of yours yet I received 2 coins per block then an input went missing so I resynced and the stakes from last night (of 2 coins each) are now orphans.

Also doesn't the new apr start next weekend?

no fud Elite is one of the best coins out there but there's something up with the latest wallet

[xenonflux]

@everyone Found a bug which is messing up the stake rate for current APR (20.89%). I am working on a patch. Meantime, please shut down your wallet.

[Humulus]

as I see in the road map, right now you have to release the main purse. Has it already happened? or when is it planned?

[gert63]

@everyone Found a bug which is messing up the stake rate for current APR (20.89%). I am working on a patch. Meantime, please shut down your wallet.

i finaly found the point.the link from the snapshot.i have take the snapshot from https://github.com/xenonflux/1337/releases/download/v2.0.0.0/Elite-Snapshot.zip

and all works now,

and i have make a 1337.config.

addnode=45.55.165.214:13373
addnode=188.226.136.76:13373
addnode=128.199.82.237:13373
addnode=104.131.133.180:13373
addnode=100.40.71.202:13373
addnode=103.6.53.22:13373
addnode=104.128.239.226:13373
addnode=104.131.133.180:13373
addnode=107.174.133.187:13373
addnode=107.191.61.206:13373
addnode=109.87.2.207:13373
addnode=118.237.213.38:13373
addnode=126.125.41.46:13373
addnode=142.44.205.250:13373
addnode=149.56.154.75:13373
addnode=173.208.202.202:13373
addnode=174.88.174.217:13373
addnode=176.212.243.5:13373
addnode=177.246.199.116:13373
addnode=185.196.203.158:13373
addnode=188.165.119.196:13373
addnode=188.226.136.76:13373
addnode=188.232.21.84:13373
addnode=188.232.48.197:13373
addnode=189.13.141.1:13373
addnode=192.99.226.31:13373
addnode=195.200.244.73:13373
addnode=207.246.108.125:13373
addnode=220.147.122.14:13373
addnode=24.189.205.59:13373
addnode=24.54.36.76:13373
addnode=27.131.6.242:13373
addnode=46.235.141.9:13373
addnode=47.18.36.141:13373
addnode=49.135.4.178:13373
addnode=5.137.75.135:13373
addnode=59.16.228.183:13373
addnode=61.12.151.178:13373
addnode=61.73.93.44:13373
addnode=66.206.235.220:13373
addnode=69.123.168.79:13373
addnode=69.167.148.126:13373
addnode=80.211.234.136:13373
addnode=81.100.233.136:13373
addnode=93.115.61.74:13373
addnode=93.72.249.234:13373
addnode=110.22.131.129
addnode=90.157.23.123
addnode=35.129.71.103
addnode=73.254.118.233
addnode=84.226.245.222
addnode=35.196.152.51
addnode=24.187.129.102
addnode=66.55.64.183
addnode=176.61.98.39
addnode=96.232.82.89
addnode=71.238.248.29
addnode=71.63.125.77
addnode=195.181.247.95
addnode=145.239.65.6
addnode=107.142.33.234
addnode=91.68.147.218
addnode=192.3.166.133
addnode=195.230.109.203
addnode=97.113.78.152
addnode=207.126.164.133
addnode=217.129.103.21
addnode=219.102.196.7
addnode=78.248.188.112
addnode=45.28.140.116
addnode=2602:ffc5:1f::1f:c26e
addnode=45.55.165.214
addnode=104.128.239.226
addnode=45.55.195.243
addnode=54.161.230.250
addnode=5.62.41.9
addnode=150.249.191.171
addnode=118.14.107.122
addnode=74.67.25.92
addnode=5.189.140.59
addnode=97.103.2.56
addnode=173.68.195.199
addnode=173.68.195.199
addnode=188.177.25.156
addnode=173.68.195.199
addnode=75.171.5.129
addnode=188.226.136.76
addnode=173.68.195.199
addnode=78.70.234.88
addnode=78.85.48.95
addnode=201.209.248.232
addnode=217.25.230.22
addnode=173.68.195.199
addnode=104.131.133.180
addnode=24.138.179.126
addnode=172.14.163.95
addnode=173.212.195.36
addnode=71.55.228.186
addnode=186.241.231.190
addnode=76.169.51.184
addnode=187.106.115.206
addnode=71.237.24.52
addnode=85.24.142.153
addnode=119.32.169.204
addnode=94.245.135.235
addnode=73.124.183.169
addnode=46.17.150.149
addnode=95.165.193.218
addnode=68.229.26.206
addnode=80.128.56.93
addnode=124.191.5.237
addnode=173.68.195.199
addnode=212.86.115.21
addnode=72.241.235.204
addnode=173.68.195.199
addnode=108.180.37.52
addnode=46.4.37.190
addnode=46.167.43.246
addnode=126.125.56.174
addnode=100.4.200.20
addnode=84.28.25.102
addnode=186.221.96.41
addnode=37.212.9.195
addnode=138.97.85.67
addnode=36.233.55.225
addnode=109.60.201.34
addnode=96.246.51.131
addnode=115.164.185.167
addnode=45.76.254.9
addnode=46.149.120.21
addnode=92.111.0.82
addnode=37.134.24.236
addnode=195.200.244.73
addnode=72.92.134.130
addnode=78.51.24.33
addnode=212.199.114.180
addnode=213.179.234.55
addnode=109.60.198.64
addnode=90.189.185.96
addnode=216.170.192.4
addnode=146.241.211.174
addnode=118.209.184.84
addnode=173.244.48.52
addnode=97.88.113.211
addnode=178.26.160.46
addnode=188.250.189.172
addnode=94.231.134.114
addnode=93.137.106.187
addnode=185.210.218.99
addnode=77.249.202.185
addnode=189.13.38.184
addnode=85.93.142.239
addnode=63.149.199.50
addnode=121.99.34.73
addnode=64.250.42.191
addnode=168.195.236.228
addnode=188.239.199.10
addnode=130.180.220.19
addnode=46.208.83.172
addnode=188.121.182.200
addnode=111.117.100.184
addnode=173.68.195.199
addnode=98.254.152.33

[Digging]

Clean install using bootstrap and backed up wallet.dat worked flawlessly. Just had my first stake with new wallet and it seems the inflation problem is now a thing of the past, 11.5 mill block returned a stake of 3.6 Elite.
Nice work Xenonflux.

... do the math somethings bugged. If you think about it at 1.337% you should be getting over 5% of what you were at 20% but you're not
so if you were getting 6000-10,000 per stake at 20% surely you should be getting 300-500 per stake at 1.337%

11500000*0.01337= 153755
153755/3.6= 42709
42709/365= 117
you'd need to stake your input 117 times a day to get 1.337% apr for 11.5 million with rewards of 3.6

I know there are other factors such as weight but i have a lot of coins, they all stake at least once per day usually twice so its quite easy to estimate how many coins I should receive as a stake reward. for example my inputs are 150% the size of yours yet I received 2 coins per block then an input went missing so I resynced and the stakes from last night (of 2 coins each) are now orphans.

Also doesn't the new apr start next weekend?

no fud Elite is one of the best coins out there but there's something up with the latest wallet

 Yup, figured I`d wait for a few more stakes before making any conclusions, however the story just got worse, with even lower stake amounts. Shut down my wallet while Xenon works on a fix.

[xenonflux]

@everyone I have added the patch for the APR bug. Please backup your wallet.dat, delete everything and start fresh by re-downloading the wallet and snapshot. Thank you.

[Digging]

 Just had first stake from the new patched wallet, the same 11.5 mill block just staked 2735 Elite, seems more in line with what I was expecting, Thankyou Xenonflux.

[xenonflux]

@everyone Linux Qt v2.0.0.0 is now available. I have also updated the snapshot to the latest block. Thank you.

[paramind22]

I'm very concerned about all these tiny stakes I'm getting.  Another coins wallet did that so much I couldn't even send anything to the exchanges anymore from the wallet.  At first I could sort and send the bigger blocks, but then it was only sub coin amounts that were barely even a few sat, and one had to select them by hand.  You couldn't just say send 2000, it couldn't add up that many fractional blocks and the wallet would give an error when trying.

Just giving a warning for anyone that is experiencing this.  I will try to add up to bigger blocks by sending to myself.

[xenonflux]

@everyone Elite block explorer is now up-to-date https://chainz.cryptoid.info/1337/ . Thank you.

[paramind22]

I'm very concerned about all these tiny stakes I'm getting.  Another coins wallet did that so much I couldn't even send anything to the exchanges anymore from the wallet.  At first I could sort and send the bigger blocks, but then it was only sub coin amounts that were barely even a few sat, and one had to select them by hand.  You couldn't just say send 2000, it couldn't add up that many fractional blocks and the wallet would give an error when trying.

Just giving a warning for anyone that is experiencing this.  I will try to add up to bigger blocks by sending to myself.

tiny stake doesn't mean tiny block - block remains the same+stake.
if you have tiny blocks - that's inappropriate splitthreshold etc.
this coin provides pretty clear threshold settings, shouldn't be a problem

Could you go into more detail?  I am not sure how to do that.  I haven't come across the term "threshold" in staking wallets before.

[AltScope]

I'm very concerned about all these tiny stakes I'm getting.  Another coins wallet did that so much I couldn't even send anything to the exchanges anymore from the wallet.  At first I could sort and send the bigger blocks, but then it was only sub coin amounts that were barely even a few sat, and one had to select them by hand.  You couldn't just say send 2000, it couldn't add up that many fractional blocks and the wallet would give an error when trying.

Just giving a warning for anyone that is experiencing this.  I will try to add up to bigger blocks by sending to myself.

tiny stake doesn't mean tiny block - block remains the same+stake.
if you have tiny blocks - that's inappropriate splitthreshold etc.
this coin provides pretty clear threshold settings, shouldn't be a problem

Could you go into more detail?  I am not sure how to do that.  I haven't come across the term "threshold" in staking wallets before.

pos wallets usually split inputs on staking so a 10k input becomes 2 5k inputs after you stake.
the threshold is where the wallet splits your inputs most wallets have this set at a default in the above example it would be 5k or less but with elite you can set it to what you want

so if your threshold is set to 1,000,000 your staked inputs wont become 2 separate inputs until it reaches 2,000,000

it helps with staking as it stops you ending up with thousands of 1-10 coin inputs (extreme example) and means you stake more coins at one time most wallets will also join really small inputs but it can take a while