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Author Topic: HoboNickels - HBN - High Fast Stake - Version 2.0! More Secure, Less Intensive  (Read 433366 times)
HCLivess
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July 09, 2015, 09:49:11 AM
 #3061

Looks like we are at around 5000 sat currently Smiley nice to see a rise together with LTC and BTC

Bismuth - New Language, Interpretation Engines, Free Set of DAPPs https://bitcointalk.org/index.php?topic=1896497
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July 10, 2015, 04:04:55 AM
Last edit: July 10, 2015, 04:39:40 AM by Ztraven
 #3062

so there is no way to send many of the same transactions to one address quickly? Would it work if I repeated the same address over and over, or must they be different?

Vegas

Ok, generate the number of addresses you want, or use the same one over and over again. Not splitblock, and you don't need coincontrol.

sendmany address:amt, address:amt, etc...


EDIT: Almost all satoshi derived coins have this feature.

Hobonickels is a Script coin. Isn't that different from being satoshi derived?
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July 10, 2015, 05:48:02 AM
 #3063

the term "pow/pos" has been destroyed by a year of instamine POW straight to stake.

What term does Hobo prefer?
"pow/pos hybrid" ?

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kingscrown
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July 10, 2015, 07:20:37 PM
 #3064

damn Tranz - where do i get latest chain? i wasnt openin wallet for a bit and it.. hurts Wink 100 days to go.

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July 11, 2015, 07:51:59 PM
 #3065

damn Tranz - where do i get latest chain? i wasnt openin wallet for a bit and it.. hurts Wink 100 days to go.

https://bitcointalk.org/index.php?topic=303749.msg3251165#msg3251165

thanx but overnight i got it downloaded. stacking all day now Wink

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July 11, 2015, 08:01:12 PM
 #3066

Prepare for takeoff


Bismuth - New Language, Interpretation Engines, Free Set of DAPPs https://bitcointalk.org/index.php?topic=1896497
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July 12, 2015, 12:35:56 PM
 #3067

What blocksize is the best in terms of getting fast and  stake? I had a lot of small blocks <30 which didnt stake after 17+ days - also has eaten 30% of my i5 cpu . So I cleaned my wallet up and made 10 x 5k blocks. These stake pretty much within 12h of being 10 days old. I just took a look in the wiki and I'm not sure what the slows the rate coins are generated means? What blocksize you guys prefer and why(explain as I'm 5 years old Cheesy )? I'm kinda not looking through here.

Quote
Benefits of larger blocks:

Larger reward on PoS generation
Lowers the CPU use to run stake (multiple small blocks are more difficult to process)
Faster generation of stake (wastes less power running computers)
Benefits of smaller blocks:

Enhances network security (more hash rate devoted to PoS)
Easier for the network to process
Slows the rate new coins are generated
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July 12, 2015, 04:57:32 PM
 #3068

What blocksize is the best in terms of getting fast and  stake? I had a lot of small blocks <30 which didnt stake after 17+ days - also has eaten 30% of my i5 cpu . So I cleaned my wallet up and made 10 x 5k blocks. These stake pretty much within 12h of being 10 days old. I just took a look in the wiki and I'm not sure what the slows the rate coins are generated means? What blocksize you guys prefer and why(explain as I'm 5 years old Cheesy )? I'm kinda not looking through here.

Quote
Benefits of larger blocks:

Larger reward on PoS generation
Lowers the CPU use to run stake (multiple small blocks are more difficult to process)
Faster generation of stake (wastes less power running computers)
Benefits of smaller blocks:

Enhances network security (more hash rate devoted to PoS)
Easier for the network to process
Slows the rate new coins are generated

You seem to have figured it out pretty well yourself.  I tend to try and keep my blocks between 3-7k.  This works well for quickish staking while not hitting the max stake reward cap.

Regarding your other question, many small blocks on the network increases competition for stake raising difficulty thats means it tends to both take longer to get a stake and the reward % is lower hence slows the rAte of new coin generation.
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July 12, 2015, 05:02:48 PM
 #3069

Prepare for takeoff



I LOVE that curve!!! I can already see the rocket fuel trail behind it Wink

Disclaimer: I am biased as hell. Hobonickels and Bottlecaps are my 2 favorite coins!!

Vegas

I want to make sure everyone knows that I just released my software called "Yobit pump alert". THis is custom software that uses an algo to detect the start of a pump here on yobit, the second it starts. YOu can even filter the coins you see by price. Most pumps start less than 100 sats , so you can easily filter the cheap coins, so they are the only ones displayed Smiley https://bitcointalk.org/index.php?topic=1945937.msg20241953#msg20241953
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July 12, 2015, 05:26:19 PM
 #3070

Prepare for takeoff



I LOVE that curve!!! I can already see the rocket fuel trail behind it Wink

Disclaimer: I am biased as hell. Hobonickels and Bottlecaps are my 2 favorite coins!!

Vegas

I agree.  Hobonickels is one of the best POS coins and is well undervalued, almost ridiculously so, given all it has going for it.  Any daily mining profits I generate go 100% into buying HBN right now.  It is one of the few quality coins that has not seen much of a price increase lately...for some reason it has been under the radar...I do not expect that situation to last much longer.
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July 13, 2015, 12:18:24 AM
 #3071

HBN is one of the most stable and advanced Proof of Stake coins. That is because it has not been in the spotlight for speculation, and Tranz has been able to patiently concentrate on excellent development.

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July 13, 2015, 12:34:31 AM
 #3072

so there is no way to send many of the same transactions to one address quickly? Would it work if I repeated the same address over and over, or must they be different?

Vegas

Ok, generate the number of addresses you want, or use the same one over and over again. Not splitblock, and you don't need coincontrol.

sendmany address:amt, address:amt, etc...


EDIT: Almost all satoshi derived coins have this feature.

Hobonickels is a Script coin. Isn't that different from being satoshi derived?

I assume you meant scrypt, and no, it isn't. All are derived from bitcoin code, and share most if not all of the same RPC commands as bitcoin. The mining algorithm and proof of stake components are different, of course, but the base code is still bitcoin. NXT, for instance, is programmed from the ground up. While conceptually similar to bitcoin, it's code is completely original. (and a pain in the ass, in my arrogant opinion).

Equaliser! Bringing the Blockchain Home  New exchange new exchange coming soon  Looks like it could be a contender. Disclosure: This is an affiliate link. Costs you nothing, might make me something. Cypherfunks will rise Again! https://bitcointalk.org/index.php?topic=469407.0
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July 17, 2015, 07:17:10 AM
 #3073

  Shocked

I have no idea what is going on, but this is awesoooome

Bismuth - New Language, Interpretation Engines, Free Set of DAPPs https://bitcointalk.org/index.php?topic=1896497
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July 20, 2015, 11:34:40 AM
 #3074


Bismuth - New Language, Interpretation Engines, Free Set of DAPPs https://bitcointalk.org/index.php?topic=1896497
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July 21, 2015, 01:40:41 AM
 #3075

Intended or not you can give ~100% stake for charity. I have 2 computers running a wallet with 50% stake for charity to same address. Sends close to 100% of stakes. I am sure if you had a 3rd or 4th setup you would 3x/4x stake for charity.
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July 21, 2015, 09:39:37 AM
 #3076

Intended or not you can give ~100% stake for charity. I have 2 computers running a wallet with 50% stake for charity to same address. Sends close to 100% of stakes. I am sure if you had a 3rd or 4th setup you would 3x/4x stake for charity.

And I am completely sure that would not work, because it would only attempt to doublespend. 100% charity staking is possible, because it only moves the coins you stake to your main wallet. It cannot move any coins which have not been generated.

Bismuth - New Language, Interpretation Engines, Free Set of DAPPs https://bitcointalk.org/index.php?topic=1896497
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July 21, 2015, 04:51:49 PM
 #3077

Makes sense. Still like having the ability to move all staked by default to an address or two. It could be mentioned on that screen that it's possible.
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July 22, 2015, 10:29:41 AM
 #3078

Makes sense. Still like having the ability to move all staked by default to an address or two. It could be mentioned on that screen that it's possible.

Yes, it feels like an arbitrary limit, but I welcome it - it gives me an ability to hedge against loss and for it to be effective, I dont need a higher count than 50%. I've heard CLAMs have their own implementation of staking to a different address, I wonder what are the limits there.

Bismuth - New Language, Interpretation Engines, Free Set of DAPPs https://bitcointalk.org/index.php?topic=1896497
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July 23, 2015, 05:23:15 AM
 #3079

Sir Tranz...

Can I convince you to support a Raspbian Wallet for BottleCaps and HoboNickels.. Smiley

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July 23, 2015, 09:42:52 AM
 #3080

Sir Tranz...

Can I convince you to support a Raspbian Wallet for BottleCaps and HoboNickels.. Smiley



Hi, I do support for that currently  Wink
https://cryptocointalk.com/topic/38783-hobonickels-for-arm-linux/

Bismuth - New Language, Interpretation Engines, Free Set of DAPPs https://bitcointalk.org/index.php?topic=1896497
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