HoboNickels - HBN - High Fast Stake - Version 2.0! More Secure, Less Intensive

[Tranz]

What's the current status of this coin? Is my understanding correct that the dev left and has returned?

<-------- Me

Hey Tranz, just for the info - links to explorers (HBN PressTab.pw Explorer, HBN on Cryptopia Explorer) at http://hobonickels.info/ seems broken.

Sounds good.  I will give the Website the once over here in the next week or so. Currently working on the wallet for a few hours today.

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[FlungSpun]

Hey all,

Can someone remind me the limits on stake combine / split please.

Is it still limited to 1/500th of your wallet balance?
or is there a hard cap also?

my extended staking info is saying split : 20 combine 40

I'm thinking more in the 100s-1000s

[Tranz]

Hey all,

Can someone remind me the limits on stake combine / split please.

Is it still limited to 1/500th of your wallet balance?
or is there a hard cap also?

my extended staking info is saying split : 20 combine 40

I'm thinking more in the 100s-1000s

There is are hard cap in if you set from startup switch or the .conf file. You can try the RPC command splitthreshold/combinethreshold.

I'll look to update these in the next release as well.

[FlungSpun]

Hey all,

Can someone remind me the limits on stake combine / split please.

Is it still limited to 1/500th of your wallet balance?
or is there a hard cap also?

my extended staking info is saying split : 20 combine 40

I'm thinking more in the 100s-1000s

There is are hard cap in if you set from startup switch or the .conf file. You can try the RPC command splitthreshold/combinethreshold.

I'll look to update these in the next release as well.

Sounds like that would be it.
I'll check when I get the chance
Cheers

[Tranz]

Hey Everyone.

Would like a quick feedback/vote.

Right now the difficulty for HBN is very low. Not many miners these days. And those who are mining are taking advantage via flash mining. They wait until no blocks have been mined for hours and the diff drifts lower and lower, then they turn on 100+ mh/s and crush though block after block after block.  This either causes large Regorgs or wallet delays.

So I would like to do something for this.   Here are a few options.

1) Turn off PoW of completely.
2) Set minimum PoW Difficulty to say 2 or 3 or higher.
3) Only allow 1 PoW block for every 5 PoS blocks.

I am leaning towards 1 or 3. Likely 1.  Would like to implement something before July is over. So going to move quickly..

What say ye?  

[versprichnix]

1) no comment, I have not enough skills to estimate the implications

2) as soon as price would tenfold, the problems would come back. But perhaps you can bind the PoW difficulty to the PoS difficulty in some way.

3) possible

[Tranz]

1) no comment, I have not enough skills to estimate the implications

2) as soon as price would tenfold, the problems would come back. But perhaps you can bind the PoW difficulty to the PoS difficulty in some way.

3) possible

1 should be fine. PoS is moving many coins with no PoW.

2. Good Point.

[panpine]

Hey Everyone.

Would like a quick feedback/vote.

Right now the difficulty for HBN is very low. Not many miners these days. And those who are mining are taking advantage via flash mining. They wait until no blocks have been mined for hours and the diff drifts lower and lower, then they turn on 100+ mh/s and crush though block after block after block.  This either causes large Regorgs or wallet delays.

So I would like to do something for this.   Here are a few options.

1) Turn off PoW of completely.
2) Set minimum PoW Difficulty to say 2 or 3 or higher.
3) Only allow 1 PoW block for every 5 PoS blocks.

I am leaning towards 1 or 3. Likely 1.  Would like to implement something before July is over. So going to move quickly..

What say ye?  

definitely not to turn off completely , It is great still have a possibility to dig some hobonickels by yourself.  2 and 3 looks too hardcoded as well. I would prefer some dynamic algorithm applied. something like every second block can be POWed and if there is flashmining like u said set even worse scarcity next rounds .. more work I know

[FlungSpun]

I'd ask a slightly different question.
How many people keep their wallets offline until stake time due to cpu / memory issues?

If that is the root cause of low difficulty, look to repair the flaw and the average difficulty will go up when all wallets are online and chugging.

yeah I do say that as one of the guilty. Also wish I was not.

Otherwise, yeah, probably kill POW but care with network security.

[Tranz]

I'd ask a slightly different question.
How many people keep their wallets offline until stake time due to cpu / memory issues?

If that is the root cause of low difficulty, look to repair the flaw and the average difficulty will go up when all wallets are online and chugging.

yeah I do say that as one of the guilty. Also wish I was not.

Otherwise, yeah, probably kill POW but care with network security.

This is good point. CPU will be address along with this Fork. Will memory? Hopefully, but that might be later.

[FlungSpun]

I'd ask a slightly different question.
How many people keep their wallets offline until stake time due to cpu / memory issues?

If that is the root cause of low difficulty, look to repair the flaw and the average difficulty will go up when all wallets are online and chugging.

yeah I do say that as one of the guilty. Also wish I was not.

Otherwise, yeah, probably kill POW but care with network security.

This is good point. CPU will be address along with this Fork. Will memory? Hopefully, but that might be later.

Would be great to have a POS coin working nicely on ultra low cost hardware RPi etc.
I know people did this in the early days with HBN but .... works anymore?

As an aside what thoughts on linking the wallet / address online time with minting/mining?
I believe CLAM has a requirement to be active on the network for x period as well as have coin age.
Can that also be applied to POW? If so it could curtail flash mining somehow?

[Tranz]

Would be great to have a POS coin working nicely on ultra low cost hardware RPi etc.
I know people did this in the early days with HBN but .... works anymore?

As an aside what thoughts on linking the wallet / address online time with minting/mining?
I believe CLAM has a requirement to be active on the network for x period as well as have coin age.
Can that also be applied to POW? If so it could curtail flash mining somehow?

Agreed. I hope to be back on the Pi someday.

Sounds like Proof of Connection to me.  Sounds cool, but probably more complicated then needed.

Here is a very simple code to ensure only 1 PoW for every 1 PoS.

if ( IsProofOfWork() && nHeight > POW_LIMIT_HEIGHT) )
    {
        if ( pindexPrev->IsProofOfWork())
           return error("AcceptBlock() : PoW must come afer PoS only");
    }

[FlungSpun]

Would be great to have a POS coin working nicely on ultra low cost hardware RPi etc.
I know people did this in the early days with HBN but .... works anymore?

As an aside what thoughts on linking the wallet / address online time with minting/mining?
I believe CLAM has a requirement to be active on the network for x period as well as have coin age.
Can that also be applied to POW? If so it could curtail flash mining somehow?

Agreed. I hope to be back on the Pi someday.

Sounds like Proof of Connection to me.  Sounds cool, but probably more complicated then needed.

Here is a very simple code to ensure only 1 PoW for every 1 PoS.

if ( IsProofOfWork() && nHeight > POW_LIMIT_HEIGHT) )
    {
        if ( pindexPrev->IsProofOfWork())
           return error("AcceptBlock() : PoW must come afer PoS only");
    }

Lots of stuff in crypto "sounds cool"

Solution is usually the simple one. Sold!

[Zionatin]

I heard read about people talking about hobonickles the other day. I thought they are dead I never heard of them much. It rings a bell a little bit. I want to know how many hobonickles should in to start off with a small but workable and meaningful sized investment ? I need to make sure I get enough weight for this staking or minting or whatever it's called.

[FlungSpun]

I heard read about people talking about hobonickles the other day. I thought they are dead I never heard of them much. It rings a bell a little bit. I want to know how many hobonickles should in to start off with a small but workable and meaningful sized investment ? I need to make sure I get enough weight for this staking or minting or whatever it's called.

Well I guess that depends on what you consider "meaningful"

Difficulty is low and interest general paying @100% potential whenever I've looked recently.

take a look at this wallet
http://chainz.cryptoid.info/hbn/address.dws?F2JkrXiG99kVnj26FoXaFTg8FSBT8Lu992.htm
only ~1500HBN but staking away regularly
what $5 worth

So jump in !!

[versprichnix]

I heard read about people talking about hobonickles the other day. I thought they are dead I never heard of them much. It rings a bell a little bit. I want to know how many hobonickles should in to start off with a small but workable and meaningful sized investment ? I need to make sure I get enough weight for this staking or minting or whatever it's called.

Well I guess that depends on what you consider "meaningful"

Difficulty is low and interest general paying @100% potential whenever I've looked recently.

take a look at this wallet
http://chainz.cryptoid.info/hbn/address.dws?F2JkrXiG99kVnj26FoXaFTg8FSBT8Lu992.htm
only ~1500HBN but staking away regularly
what $5 worth

So jump in !!

Oh, somebody made his homework! A person who believes to know! The link is really boring, I can calm down, and stay in this coin.

[FlungSpun]

I heard read about people talking about hobonickles the other day. I thought they are dead I never heard of them much. It rings a bell a little bit. I want to know how many hobonickles should in to start off with a small but workable and meaningful sized investment ? I need to make sure I get enough weight for this staking or minting or whatever it's called.

Well I guess that depends on what you consider "meaningful"

Difficulty is low and interest general paying @100% potential whenever I've looked recently.

take a look at this wallet
http://chainz.cryptoid.info/hbn/address.dws?F2JkrXiG99kVnj26FoXaFTg8FSBT8Lu992.htm
only ~1500HBN but staking away regularly
what $5 worth

So jump in !!

Oh, somebody made his homework! A person who believes to know! The link is really boring, I can calm down, and stay in this coin.

*shrugs*

[panpine]

I am happy to see that hbn is loosing slowly its grounds in top 10 holder. I just got under 25 percent and falling. Compared to other similar cryptos this is so legit

[panpine]

speaking the tweaks.
I found it hell difficult to sent some bigger amount to other adress while want to send recently staked blocks in amount which is stakeable under the treshold .
Use case: would like to send 150k to someone in 5k block of most fresh coinst . currently it takes ages to do so.
first ... wallet is ugly laggy.
than coincontrol sort is laggy.
once first operation is done  and you go back to coin control there is no way it remembers your filter and position of collumns you made to make your selection simplier...


at the end i dont mind its the price of this lovely coin to handle ... but ..


if i check to send 150k and just say  : send in 5k  out of newest blocks and everything happens in one go... it would be great

[panpine]

I heard read about people talking about hobonickles the other day. I thought they are dead I never heard of them much. It rings a bell a little bit. I want to know how many hobonickles should in to start off with a small but workable and meaningful sized investment ? I need to make sure I get enough weight for this staking or minting or whatever it's called.

i recomend to collect multiplies of 5k sent in one transaction to yourself, set the maximum  threshold for combinethreshold and splitthreshold and just keep open to stake. enjoy