Bottlecaps 2.1 UPDATE REQUIRED - HARDFORK JULY 4 2014 to 200% Annual PoS

[ReydeApio]

Since there are a lot of people here who don't like capp I will offer to buy capp for regular caps.

1 capp = 2 cap.

Get your free fork coin and increase your cap holdings. 

I'll take that action I have 634,914 CAPP I am willing to part with at that 2:1 swap for 1,269,830 BottleCaps. Let me know how many CAP's are on the table and I can possibly find more CAPP.

Additionally, any who wants to donate CAPP for a swap here is the address I'll put available CAPP into:ExCAPPh5ttjkSaFys5FLhpngAvt8A9E1JH

I promise to use any funds swapped out of CAPP to keep the BottleCaps (CAP) checkpoint server chugging along, the tank of my Scouter full and my supply of Ultrajet topped off. 

[1713992275]

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[1713992275]

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[1713992275]

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[ReydeApio]

i think the new splash screen just caused me vision loss.

lol...

I like the new splash screen !  CAPP ON !!!

Vampirus.  How about CAPP discussions stay in the CAPP thread.  

I think the pollution of CAPP discussions into the CAP thread has been confusing to a number of people who are not fully aware and understanding that CAPP is completely separate from CAP and is not a replacement.

Thanks.

agreed, and how about at least swapping out the graphics? very confusing for anyone new

@all - I thought of it as a visual hat-tip to the 1.5 wallet:
https://cryptocurrencytalk.com/topic/682-bottlecaps-update-152-released-new-wallet-and-checkpointing-server-please-update/

https://drive.google.com/open?id=0B-oIh2h7uqLSY0V0LVQ1dEVEVWxWRVNpOHRvMHJTQTV1d2sw

The verbiage "1 cent digital cap" is approximately 0.00000061 BTC per CAP - I thought it best to exclude in light of the ongoing devaluation of USD. Without the inclusion of the verbiage I saw an opportunity to removed the old flattened, flared-edge, crafting bottlecap from the splash. It's iconic and remains in the UI, Icon, and everyplace online that bottlecaps has been mentioned in the past 4.5 years.

All the feedback is appreciated!

[vampirus]

Just thought, but last hardfork do not solve any CAP problems. And time-shift cheating with such checkpoint server much easy.

[Tranz]

Just thought, but last hardfork do not solve any CAP problems. And time-shift cheating with such checkpoint server much easy.

Yes that is true. Many things need to tighten up. Vamp are you able to help code some updates to CAP as well? I know you have CAPP and that's great. I am willing to pay out Bounties from the surplus to any that help put in Pull Requests for CAP.

[vampirus]

Just thought, but last hardfork do not solve any CAP problems. And time-shift cheating with such checkpoint server much easy.

Yes that is true. Many things need to tighten up. Vamp are you able to help code some updates to CAP as well? I know you have CAPP and that's great. I am willing to pay out Bounties from the surplus to any that help put in Pull Requests for CAP.

OK, I will try.

[shtako]

Since there are a lot of people here who don't like capp I will offer to buy capp for regular caps.

1 capp = 2 cap.

Get your free fork coin and increase your cap holdings. 

I'll take that action I have 634,914 CAPP I am willing to part with at that 2:1 swap for 1,269,830 BottleCaps. Let me know how many CAP's are on the table and I can possibly find more CAPP.

Additionally, any who wants to donate CAPP for a swap here is the address I'll put available CAPP into:ExCAPPh5ttjkSaFys5FLhpngAvt8A9E1JH

I promise to use any funds swapped out of CAPP to keep the BottleCaps (CAP) checkpoint server chugging along, the tank of my Scouter full and my supply of Ultrajet topped off. 

Ok, cool. I can accept trades for 2 million caps. I am currently 277k blocks behind syncing caps and i want to take advantage of the full weight before trading. I can send you a pm with adress when I'm ready to send. 

[vampirus]

What about my initial proposal:

1. Reduce max PoS reward from 1000 to 500 to reduce inflation. ( or set block time 2 min. )
2. Fix PoS rate to 200% instead of floating rate as now 1-200%

This will increase PoS difficulty and make useless time shift cheating.

Variant B, less radical: set block time 2 min

Variant C, more radical: set block time 2 min and PoS rate 1000%, remove PoW, keep max reward 1000.

[dnp]

What about my initial proposal:

1. Reduce max PoS reward from 1000 to 500 to reduce inflation. ( or set block time 2 min. )
2. Fix PoS rate to 200% instead of floating rate as now 1-200%

This will increase PoS difficulty and make useless time shift cheating.
 

sounds sensible to me.
reduce max reward, set a fixed rate.
exact numbers may be open to discussion, but the basic framework sounds good.

[Tranz]

What about my initial proposal:

1. Reduce max PoS reward from 1000 to 500 to reduce inflation. ( or set block time 2 min. )
2. Fix PoS rate to 200% instead of floating rate as now 1-200%

This will increase PoS difficulty and make useless time shift cheating.

Variant B, less radical: set block time 2 min

Variant C, more radical: set block time 2 min and PoS rate 1000%, remove PoW, keep max reward 1000.

I think these is on the right track. I propose.

1) Set time drift to 5 min rather then 2 hrs now.
2) Set max to 500
3) Leave floating rate, but I could change my mind to fix 200%
4) set block time to 5min


- Also the staking algo needs a boost way to inefficient .

[gsambolin]

A few days ago I went ahead and upgraded to the new 2.3.0.0-g wallet and let the chain sync itself up.  I just opened the wallet to check things out and POS transactions are starting to come in.

Is this ok given everything that is going on with CAP right now?

[Tranz]

A few days ago I went ahead and upgraded to the new 2.3.0.0-g wallet and let the chain sync itself up.  I just opened the wallet to check things out and POS transactions are starting to come in.

Is this ok given everything that is going on with CAP right now?

Just be sure you match the block chain according to http://www.presstab.pw/phpexplorer/CAP/index.php is so, yes you are good.

[vancefox]

634k more transactions to go on a fresh sync using the new wallet.  I did have to connect to a node listed on presstab's site but that might not be needed now that there are two wallets at 70005.

[vampirus]

Final parameters:

Time drift 5 min (now 15 min)
Block time 3 min (now 1 min)
Max PoS 500 coins (now 1000)
PoS rate 200% fixed. (now max 200% and floating)

[Tranz]

Final parameters:

Time drift 5 min (now 15 min)
Block time 3 min (now 1 min)
Max PoS 500 coins (now 1000)
PoS rate 200% fixed. (now max 200% and floating)

  Looks good to me..

[polishfarmer]

does this coin merge mine?

[gsambolin]

Vampirus / Team,

How much longer can we anticipate to return to the Cryptopia the coins they need?

Currently my wallet there is frozen and would like to see CAP back online again for trading.   I am assuming that once they get back what they need they would unlock the wallets and resume trading.

Please advise

Thanks

[vancefox]

Vampirus / Team,

How much longer can we anticipate to return to the Cryptopia the coins they need?

Currently my wallet there is frozen and would like to see CAP back online again for trading.   I am assuming that once they get back what they need they would unlock the wallets and resume trading.

Please advise

Thanks

My guess would be after they receive the coins they lost in the attack.

[Tranz]

Hard Fork in a few days at block 3,900,000. Then if and when Cryptopia is on that fork and give and address for their coins they should re-start it then.

[gsambolin]

Hard Fork in a few days at block 3,900,000. Then if and when Cryptopia is on that fork and give and address for their coins they should re-start it then.

@Tranz  @Vancefox

So we not too far away, thanks for the update.

[almightyruler]

Hard Fork in a few days at block 3,900,000. Then if and when Cryptopia is on that fork and give and address for their coins they should re-start it then.

This sends a chill through my heart.