Bitcoin Forum
May 25, 2018, 01:53:04 PM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Poll
Question: How many BottleCaps do you own?
None - 86 (40.2%)
1-1k - 29 (13.6%)
1k-10k - 26 (12.1%)
More than 10k - 73 (34.1%)
Total Voters: 214

Pages: « 1 ... 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 [184] 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 »
  Print  
Author Topic: Bottlecaps 2.1 UPDATE REQUIRED - HARDFORK JULY 4 2014 to 200% Annual PoS  (Read 332426 times)
Tranz
Legendary
*
Offline Offline

Activity: 1344
Merit: 1052


May the force bit with you.


View Profile
November 20, 2017, 12:04:50 AM
 #3661

New topic already started: https://bitcointalk.org/index.php?topic=2329756.0
But I change later some parameters.
It will be SCIFI clone with some changes. SCIFI - fork from recent NVC
Coin swap very easy, after start I send premine to all old CAP addresses (see BUK swap)
User just put old CAP wallet.dat to new directory and start CAPP

But first I need obtain consent from Cryptopia.


So I think some of these need discussed with the community before they are set in stone, errr code.

Quote
Some parameters:
Block time 2 min
Min stake interval 10 days, max 30
Max PoS block reward 100
PoW reward 1 (need for start chain, stop after 1 month.)
Max PoS percentage 500%
Swap rate 10 CAP = 1 CAPP
Premine ~20M or 10% from max supply.
Max yearly new coins - 26M
real PoS rate:
1st year 100%
2nd year 50%
3 - 33
4 - 25


My opinions:
Block time is good
Min Stake, might as well make it one day. Just be sure to change nModifierInterval  to allow for it
Max PoS block reward of 100 maybe too low. I am ok with it, not sure how others feel about it?
Pow only at first block? So not a hybrid?  I actually like how HBN is doing POW and POS. It forces POW to only come after a POS block. Prevents flash mining but still allows for people to get in with no cash.
Swap rate seems ok.. How do others feel?
I assume the PoS Rate is just based on number of coins and the reward cap hitting more often, but the base rate doens't change.

Do you plan on running checkpoint server. I think this is important to know.

HBN: https://bitcointalk.org/index.php?topic=303749.0 hobonickels.info
Personal Donations: F1TranzWqFGZyFeTMu6iLbtTQgdXuJPsiL
Donations to the HBN Fund: EhbNfund4PrRFLHMxsnbGLhP25hizJGHEE or 1LVFtCX4a83dMLjd8S7imKKKC58QaG83kw
1527256384
Hero Member
*
Offline Offline

Posts: 1527256384

View Profile Personal Message (Offline)

Ignore
1527256384
Reply with quote  #2

1527256384
Report to moderator
1527256384
Hero Member
*
Offline Offline

Posts: 1527256384

View Profile Personal Message (Offline)

Ignore
1527256384
Reply with quote  #2

1527256384
Report to moderator
1527256384
Hero Member
*
Offline Offline

Posts: 1527256384

View Profile Personal Message (Offline)

Ignore
1527256384
Reply with quote  #2

1527256384
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
vampirus
Hero Member
*****
Offline Offline

Activity: 737
Merit: 512


R1a1a1b1a2b3e


View Profile
November 20, 2017, 12:28:24 AM
 #3662

Max PoS block reward of 100 maybe too low. - it if swap rate 10 to 1
I think make hybrid PoS+PoW 1:1 or 2:1
PoW reward 10
Max PoS percentage 360%
If have big max PoS reward, difficulty will be low and easy 51% attacked.
Checkpoint server run on my home computer 24/7 for BUK2 and SCIFI and also will start for CAPP.
Min stake interval 5 days, max 20 (if make 30-60 days - easy for attacker to accumulate PoS weight)

current SCIFI coin parameters:
* PoW Algo: Scrypt
* PoW + PoS blockchain 50:50 %
* 3 minutes stake spacing
* 3 minutes PoW spacing
* Final block spacing 1.5 min
* Balanced PoW blocks and stakes weighting
* 100% yearly interest PoS
* PoW reward is 10 coins
* PoS max reward is 100 coins
* 10 days minimum stake interval, 30 days for full weight
* Maximum coin supply 175M
* Coin maturity: 100 Blocks
* PPC type re-targeting (100 blocks window)
* Max time drift 3 min


United SciFi Coin [SCIFI]   PoW/PoS coin fully protected from any attack and cheating.
Tranz
Legendary
*
Offline Offline

Activity: 1344
Merit: 1052


May the force bit with you.


View Profile
November 20, 2017, 01:06:44 AM
 #3663

Max PoS block reward of 100 maybe too low. - it if swap rate 10 to 1
I think make hybrid PoS+PoW 1:1 or 2:1
PoW reward 10
Max PoS percentage 360%
If have big max PoS reward, difficulty will be low and easy 51% attacked.
Checkpoint server run on my home computer 24/7 for BUK2 and SCIFI and also will start for CAPP.
Min stake interval 5 days, max 20 (if make 30-60 days - easy for attacker to accumulate PoS weight)

current SCIFI coin parameters:
* PoW Algo: Scrypt
* PoW + PoS blockchain 50:50 %
* 3 minutes stake spacing
* 3 minutes PoW spacing
* Final block spacing 1.5 min
* Balanced PoW blocks and stakes weighting
* 100% yearly interest PoS
* PoW reward is 10 coins
* PoS max reward is 100 coins
* 10 days minimum stake interval, 30 days for full weight
* Maximum coin supply 175M
* Coin maturity: 100 Blocks
* PPC type re-targeting (100 blocks window)
* Max time drift 3 min



2:1 PoW is good. But still have try to limit flash mining. 
I agree keep max under 30 for sure, 20 sounds fine. but min can go lower then 5, but 5 is ok.
ReydeApio was willing to run the CP Server from a dedicated VPS.  If he will still agree for CAPP we might see if that is option.  VPS can withstand flood attack if someone figures out where the CP Server is located. 
With dedicated CP Server, there is little ability to attack.

HBN: https://bitcointalk.org/index.php?topic=303749.0 hobonickels.info
Personal Donations: F1TranzWqFGZyFeTMu6iLbtTQgdXuJPsiL
Donations to the HBN Fund: EhbNfund4PrRFLHMxsnbGLhP25hizJGHEE or 1LVFtCX4a83dMLjd8S7imKKKC58QaG83kw
vampirus
Hero Member
*****
Offline Offline

Activity: 737
Merit: 512


R1a1a1b1a2b3e


View Profile
November 20, 2017, 01:20:46 AM
 #3664

I can give checkpoint private key to ReydeApio.
I have my own special algo to limit flash mining:
Code:
if(nActualSpacing < 0)  //
    {
        nActualSpacing = 0;
    }
    if(nActualSpacing > nTargetTimespan / 3) //retarget -40% maximum
    {
        nActualSpacing = nTargetTimespan / 3;
    }
    else if(nActualSpacing < nStakeTargetSpacing / 3)  //instamine protection, retarget +7% maximum
    {
        nActualSpacing *= 4;
        nActualSpacing -= nStakeTargetSpacing;
    }

United SciFi Coin [SCIFI]   PoW/PoS coin fully protected from any attack and cheating.
bitmaster1x
Legendary
*
Offline Offline

Activity: 924
Merit: 1000


CRYPTO-CITY.COM 🌟 You're the future!


View Profile WWW
November 20, 2017, 02:45:24 AM
 #3665

New topic already started: https://bitcointalk.org/index.php?topic=2329756.0
But I change later some parameters.
It will be SCIFI clone with some changes. SCIFI - fork from recent NVC
Coin swap very easy, after start I send premine to all old CAP addresses (see BUK swap)
User just put old CAP wallet.dat to new directory and start CAPP

But first I need obtain consent from Cryptopia.

@tranz and Vampirus. So, it's official we are going with this then? If so, I'll add CAPP to Crypto-city as well.

Tranz
Legendary
*
Offline Offline

Activity: 1344
Merit: 1052


May the force bit with you.


View Profile
November 20, 2017, 02:59:52 AM
 #3666

New topic already started: https://bitcointalk.org/index.php?topic=2329756.0
But I change later some parameters.
It will be SCIFI clone with some changes. SCIFI - fork from recent NVC
Coin swap very easy, after start I send premine to all old CAP addresses (see BUK swap)
User just put old CAP wallet.dat to new directory and start CAPP

But first I need obtain consent from Cryptopia.

@tranz and Vampirus. So, it's official we are going with this then? If so, I'll add CAPP to Crypto-city as well.

Its not my decision. We need to hear from a few of the larger stake holders.   But based on the discussion so far with Vampirus. I have not objections.

HBN: https://bitcointalk.org/index.php?topic=303749.0 hobonickels.info
Personal Donations: F1TranzWqFGZyFeTMu6iLbtTQgdXuJPsiL
Donations to the HBN Fund: EhbNfund4PrRFLHMxsnbGLhP25hizJGHEE or 1LVFtCX4a83dMLjd8S7imKKKC58QaG83kw
bitmaster1x
Legendary
*
Offline Offline

Activity: 924
Merit: 1000


CRYPTO-CITY.COM 🌟 You're the future!


View Profile WWW
November 20, 2017, 03:02:34 AM
 #3667

New topic already started: https://bitcointalk.org/index.php?topic=2329756.0
But I change later some parameters.
It will be SCIFI clone with some changes. SCIFI - fork from recent NVC
Coin swap very easy, after start I send premine to all old CAP addresses (see BUK swap)
User just put old CAP wallet.dat to new directory and start CAPP

But first I need obtain consent from Cryptopia.

@tranz and Vampirus. So, it's official we are going with this then? If so, I'll add CAPP to Crypto-city as well.

Its not my decision. We need to hear from a few of the larger stake holders.   But based on the discussion so far with Vampirus. I have not objections.

Sounds good.

vampirus
Hero Member
*****
Offline Offline

Activity: 737
Merit: 512


R1a1a1b1a2b3e


View Profile
November 20, 2017, 03:23:11 AM
 #3668

Final parameters:
PoW Algo: Scrypt
PoW + PoS blockchain 33:67 %
Independent PoS and PoW retarget
3 minutes stake spacing
6 minutes PoW spacing
Final block spacing 2 min
Balanced PoW blocks and stakes weighting
Min stake interval 5 days, max 20
Max PoS block reward 100
PoW reward 10
Max PoS percentage 360%
Swap rate 10 CAP = 1 CAPP
Premine ~20M or 10% from max supply.
Max yearly new PoS coins - 17.5M
real PoS rate:
1st year 87%
2nd year 43%
3 - 30

PS. And as Ferengi I want 5% from premine to myself  Roll Eyes

If you want new coin CAPP, please withdraw yours CAP from
https://tradesatoshi.com/ and https://novaexchange.com/ as soon as possible.

United SciFi Coin [SCIFI]   PoW/PoS coin fully protected from any attack and cheating.
desynct
Hero Member
*****
Offline Offline

Activity: 672
Merit: 519


View Profile
November 20, 2017, 04:56:14 AM
 #3669

well at least here i don't have to wait a couple of years for the swap Mr.Tranz  Wink
"Expand or die" (RoA #95)
bitmaster1x
Legendary
*
Offline Offline

Activity: 924
Merit: 1000


CRYPTO-CITY.COM 🌟 You're the future!


View Profile WWW
November 20, 2017, 06:19:46 AM
 #3670

Final parameters:
PoW Algo: Scrypt
PoW + PoS blockchain 33:67 %
Independent PoS and PoW retarget
3 minutes stake spacing
6 minutes PoW spacing
Final block spacing 2 min
Balanced PoW blocks and stakes weighting
Min stake interval 5 days, max 20
Max PoS block reward 100
PoW reward 10
Max PoS percentage 360%
Swap rate 10 CAP = 1 CAPP
Premine ~20M or 10% from max supply.
Max yearly new PoS coins - 17.5M
real PoS rate:
1st year 87%
2nd year 43%
3 - 30

PS. And as Ferengi I want 5% from premine to myself  Roll Eyes

If you want new coin CAPP, please withdraw yours CAP from
https://tradesatoshi.com/ and https://novaexchange.com/ as soon as possible.

Did we get the green light from Cryptopia?

lthird
Jr. Member
*
Offline Offline

Activity: 38
Merit: 0


View Profile
November 20, 2017, 07:02:36 AM
 #3671

Is it normal that my wallet is not syncing at all?

DeepOnion ⚡ Anonymous & Untraceable Cryptocurrency
⚡ Join DeepOnion Airdrop NOW! ⚡ (https://deeponion.org/apply.php?ref=116796Cool
vancefox
Legendary
*
Offline Offline

Activity: 994
Merit: 1005



View Profile
November 20, 2017, 05:17:38 PM
 #3672

Only have 1m coins so I'm not a large stakeholder but I'll support whatever Tranz says.  Will also put .01 into a buy order for support on Cryptopia.

This space not for rent...
ReydeApio
Full Member
***
Offline Offline

Activity: 145
Merit: 100


View Profile
November 20, 2017, 07:17:29 PM
 #3673

New topic already started: https://bitcointalk.org/index.php?topic=2329756.0
But I change later some parameters.
It will be SCIFI clone with some changes. SCIFI - fork from recent NVC
Coin swap very easy, after start I send premine to all old CAP addresses (see BUK swap)
User just put old CAP wallet.dat to new directory and start CAPP

But first I need obtain consent from Cryptopia.

@tranz and Vampirus. So, it's official we are going with this then? If so, I'll add CAPP to Crypto-city as well.

Its not my decision. We need to hear from a few of the larger stake holders.   But based on the discussion so far with Vampirus. I have not objections.

Viewing the events of the past few weeks, starting with the takeover proposal and culminating with the losses to Cryptopia and Bottlecaps, as unrelated coincidence exceeds my skill at suspension of disbelief. If I took losses as an exchange and skimmed through the recent posts of the coin to sort out what might be behind those losses I might be able to pull together some likely suspects. Nonetheless, correlation does not imply causality and I am admittedly cynical.   

I chose Bottlecaps because Trans' reputation among others was beyond reproach - I'm having a harder time seeing someone without a similar reputation working and getting this proposed clone listed on exchanges.

A new coin listing on Cryptopia is 5000000 DOT -  4.85970486 BTC - 39,820USD
vampirus
Hero Member
*****
Offline Offline

Activity: 737
Merit: 512


R1a1a1b1a2b3e


View Profile
November 20, 2017, 09:23:02 PM
 #3674

It is not coincidence, hacker saw that CAP may be fixed soon and attack now. First attack was 7-10 October.
And I believe that someone who was against my proposal is real hacker, may be you?

United SciFi Coin [SCIFI]   PoW/PoS coin fully protected from any attack and cheating.
Tranz
Legendary
*
Offline Offline

Activity: 1344
Merit: 1052


May the force bit with you.


View Profile
November 20, 2017, 10:30:09 PM
 #3675

[

Viewing the events of the past few weeks, starting with the takeover proposal and culminating with the losses to Cryptopia and Bottlecaps, as unrelated coincidence exceeds my skill at suspension of disbelief. If I took losses as an exchange and skimmed through the recent posts of the coin to sort out what might be behind those losses I might be able to pull together some likely suspects. Nonetheless, correlation does not imply causality and I am admittedly cynical.   

I chose Bottlecaps because Trans' reputation among others was beyond reproach - I'm having a harder time seeing someone without a similar reputation working and getting this proposed clone listed on exchanges.

A new coin listing on Cryptopia is 5000000 DOT -  4.85970486 BTC - 39,820USD

Rey, to be honest, I also share this view a bit myself.  Here's the thing as I see it.  What Vamp is proposing does not mean CAP dies at all.   It is not a fork, it is not a coinswap(at least if I understand, correctly), its a new chain that accepts the same wallet from the start. To be honest there is very little we could do to stop him. See TRK vs HYP. BTC vs BCH, etc.

But if we take him at his word, and his intentions are true he maybe to help breath new life into CAP, or whatever the blockchain name becomes.

I still want to move forward with getting Cryptopia back the coins, via HF.  But doesn't mean we also can't look towards a fresh start either.

Also, I saw your IM, and I will responds tonight.

HBN: https://bitcointalk.org/index.php?topic=303749.0 hobonickels.info
Personal Donations: F1TranzWqFGZyFeTMu6iLbtTQgdXuJPsiL
Donations to the HBN Fund: EhbNfund4PrRFLHMxsnbGLhP25hizJGHEE or 1LVFtCX4a83dMLjd8S7imKKKC58QaG83kw
desynct
Hero Member
*****
Offline Offline

Activity: 672
Merit: 519


View Profile
November 20, 2017, 10:47:15 PM
 #3676

It is not coincidence, hacker saw that CAP may be fixed soon and attack now. First attack was 7-10 October.
And I believe that someone who was against my proposal is real hacker, may be you?

meseems it was Aug 31, check this addy

"Always exaggerate your estimates" (RoA #5)  Smiley
bitmaster1x
Legendary
*
Offline Offline

Activity: 924
Merit: 1000


CRYPTO-CITY.COM 🌟 You're the future!


View Profile WWW
November 20, 2017, 10:47:55 PM
 #3677

[

Viewing the events of the past few weeks, starting with the takeover proposal and culminating with the losses to Cryptopia and Bottlecaps, as unrelated coincidence exceeds my skill at suspension of disbelief. If I took losses as an exchange and skimmed through the recent posts of the coin to sort out what might be behind those losses I might be able to pull together some likely suspects. Nonetheless, correlation does not imply causality and I am admittedly cynical.   

I chose Bottlecaps because Trans' reputation among others was beyond reproach - I'm having a harder time seeing someone without a similar reputation working and getting this proposed clone listed on exchanges.

A new coin listing on Cryptopia is 5000000 DOT -  4.85970486 BTC - 39,820USD

Rey, to be honest, I also share this view a bit myself.  Here's the thing as I see it.  What Vamp is proposing does not mean CAP dies at all.   It is not a fork, it is not a coinswap(at least if I understand, correctly), its a new chain that accepts the same wallet from the start. To be honest there is very little we could do to stop him. See TRK vs HYP. BTC vs BCH, etc.

But if we take him at his word, and his intentions are true he maybe to help breath new life into CAP, or whatever the blockchain name becomes.

I still want to move forward with getting Cryptopia back the coins, via HF.  But doesn't mean we also can't look towards a fresh start either.

Also, I saw your IM, and I will responds tonight.

If an HF gets the CAP market open again and cryptopia made whole I'm all for it.... so that will just mean there will be CAP on Cryptopia and if they decide to list CAPP as well that'd be great too.

Fallout4
Sr. Member
****
Offline Offline

Activity: 362
Merit: 250


View Profile
November 20, 2017, 10:58:50 PM
 #3678

I have over 3 mil CAP on cryptopia, will I ever be able to withdraw them?
vampirus
Hero Member
*****
Offline Offline

Activity: 737
Merit: 512


R1a1a1b1a2b3e


View Profile
November 20, 2017, 11:07:36 PM
 #3679

To Tranz, you can make hardfork and rollback to block 3253320, when last attack started, but it return to Cryptopia only 50% or less of stolen coins and not solve others CAP problems. We wait, wait ... and you say that have no time.
To all, CAPP fully new coin and not destroy CAP, if someone else fix it and buy on free market 36M coins and return it to Cryptopia I will be glad.

United SciFi Coin [SCIFI]   PoW/PoS coin fully protected from any attack and cheating.
vancefox
Legendary
*
Offline Offline

Activity: 994
Merit: 1005



View Profile
November 20, 2017, 11:19:22 PM
 #3680

New topic already started: https://bitcointalk.org/index.php?topic=2329756.0
But I change later some parameters.
It will be SCIFI clone with some changes. SCIFI - fork from recent NVC
Coin swap very easy, after start I send premine to all old CAP addresses (see BUK swap)
User just put old CAP wallet.dat to new directory and start CAPP

But first I need obtain consent from Cryptopia.


So I think some of these need discussed with the community before they are set in stone, errr code.

Quote
Some parameters:
Block time 2 min
Min stake interval 10 days, max 30
Max PoS block reward 100
PoW reward 1 (need for start chain, stop after 1 month.)
Max PoS percentage 500%
Swap rate 10 CAP = 1 CAPP
Premine ~20M or 10% from max supply.
Max yearly new coins - 26M
real PoS rate:
1st year 100%
2nd year 50%
3 - 33
4 - 25


My opinions:
Block time is good
Min Stake, might as well make it one day. Just be sure to change nModifierInterval  to allow for it
Max PoS block reward of 100 maybe too low. I am ok with it, not sure how others feel about it?
Pow only at first block? So not a hybrid?  I actually like how HBN is doing POW and POS. It forces POW to only come after a POS block. Prevents flash mining but still allows for people to get in with no cash.
Swap rate seems ok.. How do others feel?
I assume the PoS Rate is just based on number of coins and the reward cap hitting more often, but the base rate doens't change.

Do you plan on running checkpoint server. I think this is important to know.

My opinion:

2m block time = 720 blocks per day = 72,000 new coins possible per day creation.  For comparison, hyperstake has 1.5m block time with 1000 max coins per block and is hyper-inflating with 960,000 coins potentially generated per day.  I believe that a 2.5m or 3m block time would push the new coins down to 48,000 and 57,600 per day, respectively without dramatically affecting the coin and help to reduce inflation.  On the other side reduction of the max coin reward to 75 and maintaining the 2m block would do the same and have max coins at 54,000.

Next premine of 20mil coins would be, by definition, 200mil CAP coins.  The premine, as I assume it (please confirm), is for the top 250 addresses as show on http://www.presstab.pw/phpexplorer/CAP/richlist.php?count=250 which would be 237,959,964 CAP, unless you're going to freeze out ~38mil.

Just my opinion.

Finally, the checkpoint server is an important piece of the pie.  I run the wallets of all my coins all the time but I'm just one player.

This space not for rent...
Pages: « 1 ... 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 [184] 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!