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

[Ayatollah Blunt McSpork]

 Any tendency to increase block time, for any reason, is probably a mistake. As coins get more popular, they will start making shorter and shorter block times to be more attractive as currencies. Longer block times are penny wise pound foolish in this case.

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[Tranz]

Any tendency to increase block time, for any reason, is probably a mistake. As coins get more popular, they will start making shorter and shorter block times to be more attractive as currencies. Longer block times are penny wise pound foolish in this case.

I do agree with this to an extent. However I think the most transactions that have been in a block for HBN have been like 10... We will likely never even get close to capacity.. 90 seconds is still very quick..

[FlungSpun]

Out of interest does the number of transactions in a wallet have any effect on efficiency?

[Tranz]

Out of interest does the number of transactions in a wallet have any effect on efficiency?

Only if you have to re-scan or re-sync the block chain.  It takes longer for wallets that are larger.  It also does slightly increase memory usage as you have more transactions. 

[strawie]

You already have a solution for the problems you listed, so just go ahead and implement it. I dont think you'll get better sollutions.

[vancefox]

I hope not... don't screw with the basics of the coin... it is what it is and it's why the coin isn't being de-listed or valued at .00000001btc... or worse... dodge...

On the exchange side of things, cryptopia will take their sweet time getting around to updating as they always do... but as long as we're using the coin they'll keep it... even at 2.23GB of memory...

Any tendency to increase block time, for any reason, is probably a mistake. As coins get more popular, they will start making shorter and shorter block times to be more attractive as currencies. Longer block times are penny wise pound foolish in this case.

I do agree with this to an extent. However I think the most transactions that have been in a block for HBN have been like 10... We will likely never even get close to capacity.. 90 seconds is still very quick..

Will the maximum stake of 250 HBN per block be increased to compensate for the 3X decrease in daily staking chances?

TIA.

╥Aztek

[Tranz]

Any tendency to increase block time, for any reason, is probably a mistake. As coins get more popular, they will start making shorter and shorter block times to be more attractive as currencies. Longer block times are penny wise pound foolish in this case.

I do agree with this to an extent. However I think the most transactions that have been in a block for HBN have been like 10... We will likely never even get close to capacity.. 90 seconds is still very quick..

Will the maximum stake of 250 HBN per block be increased to compensate for the 3X decrease in daily staking chances?

TIA.

╥Aztek

Actually this would not be necessary. The chance of getting to 250 woudl be less with longer block times, due to increase in difficulty.

I hope not... don't screw with the basics of the coin... it is what it is and it's why the coin isn't being de-listed or valued at .00000001btc... or worse... dodge...

On the exchange side of things, cryptopia will take their sweet time getting around to updating as they always do... but as long as we're using the coin they'll keep it... even at 2.23GB of memory...

Fair enough, we can wait until block 6.0million and see what happens once PoW leaves us.

I still feel like 30 seconds is way too fast. The original creator of the coin did not understand the implications of 30 seconds, and for the last few years the biggest complaints are CPU usage, wallet lag, orphans and lot of memory usage. All of which are exacerbated due to 30 second or faster block time.

[FlungSpun]

This is experimental software

On the subject of increased block times I'm more in favour of accepting that a block chain of this age and size proves these short blocks are a bit of a busted flush.

There are / will be other ways to implement high speed high volume transactions but that's not what HBN's challenge is.

If there is a sound reason for change ( I believe there is here) don't be afraid of change for the better. It's change for change sake that's the enemy.

More important to maintain the economics of reward per investment (I.e. up the reward cap  by same factor ... pweeeese ).

Also are we not still trying to be the solution to some of the early crypto issues of flash mining, pool hopping and all that stuff I can't quite remember the details of
in my old cryptohobo addled brain.

Ohhhh ORPHANS and broken stratum rings a bell aaaargh the heell of it all.
lets keep that pioneering spirit up.

yeah .. I've had a beer

[vancefox]

I don't really have these problems with orphans... I get some... but because I manually keep my blocks around 8-9k I don't see the shit ton that everyone complains about.  My only complaint is that it's not done automatically, ala how paycon worked when we were having fun with our favorite soon to be jailbird Homero...  small blocks gets combined through the wallet software.  It's not the 30s, although that's not exactly what I was talking about when I said you shouldn't futz with the coin basics... I was talking more along with the increasing stake or whatever... the more you let loose on inflation the worse the coin will be.

EDIT:  Oh and if you haven't already can you put the new wallet link in the first post... that's probably what is taking the exchange so long to update...

[FlungSpun]

I don't really have these problems with orphans... I get some... but because I manually keep my blocks around 8-9k I don't see the shit ton that everyone complains about.  My only complaint is that it's not done automatically, ala how paycon worked when we were having fun with our favorite soon to be jailbird Homero...  small blocks gets combined through the wallet software.  It's not the 30s, although that's not exactly what I was talking about when I said you shouldn't futz with the coin basics... I was talking more along with the increasing stake or whatever... the more you let loose on inflation the worse the coin will be.

EDIT:  Oh and if you haven't already can you put the new wallet link in the first post... that's probably what is taking the exchange so long to update...

Yeah did the same with block sizes and always wondered what the fuss was about. But ... I'm experiencing how grim it CAN get. probably an extreme case I'll admit
I'm actually having to restart the wallet every now and then as transactions just start pending as offline and successful stakes are ~ 1:100

I imagine its got something to do with memory management and other things going on on my PC along with a couple of thousand blocks trying to stake at once.
Block numbers get out of hand fast if you're lazy so dug my own hole over here to some extent.

[Tranz]

I don't really have these problems with orphans... I get some... but because I manually keep my blocks around 8-9k I don't see the shit ton that everyone complains about.  My only complaint is that it's not done automatically, ala how paycon worked when we were having fun with our favorite soon to be jailbird Homero...  small blocks gets combined through the wallet software.  It's not the 30s, although that's not exactly what I was talking about when I said you shouldn't futz with the coin basics... I was talking more along with the increasing stake or whatever... the more you let loose on inflation the worse the coin will be.

EDIT:  Oh and if you haven't already can you put the new wallet link in the first post... that's probably what is taking the exchange so long to update...

The wallet does combine automatically.
The rules are:
 - same address
 - the input is at max time (30 Days)
 - It won't put you past the 250 max reward
 - and a few others.

I will update the main post, but they compile from the main depo, which has the most current version. I let them know that.  Feel free to open a ticket, it may help.

Yeah did the same with block sizes and always wondered what the fuss was about. But ... I'm experiencing how grim it CAN get. probably an extreme case I'll admit
I'm actually having to restart the wallet every now and then as transactions just start pending as offline and successful stakes are ~ 1:100

I imagine its got something to do with memory management and other things going on on my PC along with a couple of thousand blocks trying to stake at once.
Block numbers get out of hand fast if you're lazy so dug my own hole over here to some extent.

The issue of many blocks coming in from the outside also slow down wallet. Ala block spamming with 30 second  block time..

[forzendiablo]

good to see Tranz back at this coin i will buy some again

[FlungSpun]

Looking at the explorer Stake Input Size for the last 1000 blocks there seem to be a great many stakes under 20 HBN
so these must be creating plenty of failed stakes.

Before I looked I was under the impression that stakes below this would be at a minimum due to auto combining etc

yup ... Obvious now I think about it.

Should we consider a mandatory minimum block size to stake? or alter default split / combine thresholds
If say it was 20 HBN and even (I mean when ) HBN was $0.05 (actually a nickel) then that would represent a dollar stake
which sounds pretty fair, right now it's ~10cents

There is a wallet out there staking 2HBN a pop and could well have 27000 blocks we only has space for 2880 a day
Wallets like that produce a lot of the spam that's going to become an issue.
I'M producing a LOT of spam but will be doing the recombining thing shortly.

[CoinEraser]

Looking for faucet. Can't be on Bitcointalk anymore.

Ask GrinZ for one. 
https://bitcointalk.org/index.php?topic=639879.msg7141601#msg7141601

I use the site for a long time and am very satisfied with it.
But nothing else to do with the site. Just wanted to make the suggestion

[FlungSpun]

Don't know whether to hug this or put it out of its misery.

F3RNijHVZw4Mytrfg1XGX8QoauUdVYMjy7

[HCLivess]

Don't know whether to hug this or put it out of its misery.

F3RNijHVZw4Mytrfg1XGX8QoauUdVYMjy7

Getting about $50 a week from the stake, going to diversify some of the stake to other coins thanks to charity function.

Pros about the coin:
It can hardly go below 80 sat. It can go to 32k sat if people go FOMO.
It has a lot of connections and will probably not get delisted from Cryptopia.
You get a stake which you can only spend gradually, which does not damage the market as much as direct dumps.
Tranz is an amazing developer and pals with cryptocointalk forum admin

All in all, I still like it, but don't know why I'm amongst only a few...

[FlungSpun]

Don't know whether to hug this or put it out of its misery.

F3RNijHVZw4Mytrfg1XGX8QoauUdVYMjy7

Getting about $50 a week from the stake, going to diversify some of the stake to other coins thanks to charity function.

Pros about the coin:
It can hardly go below 80 sat. It can go to 32k sat if people go FOMO.
It has a lot of connections and will probably not get delisted from Cryptopia.
You get a stake which you can only spend gradually, which does not damage the market as much as direct dumps.
Tranz is an amazing developer and pals with cryptocointalk forum admin

All in all, I still like it, but don't know why I'm amongst only a few...

I rather think you missed my intent there .

F3RNijHVZw4Mytrfg1XGX8QoauUdVYMjy7
Received   0.06387 HBN   in 1 transactions
Sent   0.0 HBN   in 0 transactions
Staked   0.008213 HBN   in 1 transaction

It's teeeny tiny, like someones having a little (and I do mean little) joke. 2 months stake though so kinda interesting


Anyway no need to preach to the converted.
I'm a major supporter of HBN have been mining and staking through thick and thin since the earliest days maybe even hours.

[VladK]

Any update on Cryptopia deposits?

[HCLivess]

Any update on Cryptopia deposits?

They say it's still in the maintenance. Might be worth sending them a ticket, last time I did that, they opened them

[Digi7ech]

Any update on Cryptopia deposits?

They say it's still in the maintenance. Might be worth sending them a ticket, last time I did that, they opened them

It's finally back online. We're sitting at about 200 satoshi right now.