HCLivess
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=== NODE IS OK! ==
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September 21, 2017, 08:52:31 PM |
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I think those attacks are hashpools who still think we have full PoW - they calculate how rewarding mining is and switch
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Tranz (OP)
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May the force bit with you.
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September 21, 2017, 09:51:35 PM |
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I think those attacks are hashpools who still think we have full PoW - they calculate how rewarding mining is and switch
Might be possible. But I would still assume they are using wallet 2.0 and it would limit which blocks are even allowed to make it the network. But the odd thing was other wallets accepted it and relayed it. They should have just ignored it and banned that one bad block.
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tokyoghetto
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September 22, 2017, 02:47:22 AM |
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what is the ideal block size for staking?
is it still 5000 HBN?
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Tranz (OP)
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May the force bit with you.
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September 22, 2017, 03:37:28 AM |
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what is the ideal block size for staking?
is it still 5000 HBN?
I think you can safety double it at this point and not worry about hitting the cap. Would hit it around day 30.
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lightspeedy
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September 22, 2017, 06:02:01 PM |
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What Happened?
Newbie here.
Several years ago I mined HBN for a short while, and then turned to POS, which I have been doing ever since. I manged to build up to around 60K HBN coins. Prior to this change, my blocks (averaging 1,200 coins) staked in around 11 days and generated 30-35 coins per block.
Now, my blocks are taking much longer to stake, with one block already over 18 days. The coins generated by the stake have also dropped by at least 50%.
I'm not very knowledgeable about crypto-currencies, and I'm not clear on what changed and why it changed. Could someone please explain this in plain English?
Welcome back Randall. There were some challenges with the chain and Tranz (the dev) made some tweaks and forked to V.2.0.0 to get rid of the issues. You just can read the posts to know what happened. https://bitcointalk.org/index.php?topic=303749.4820
Should I be concerned? Is this normal behavior or is there something wrong with my wallet (on on version 2.0 by the way)?
Is a block size of 1200 coins too small? Should I combine my blocks to get them up to 5K or 10K?
I've spent a lot of time over the years working the POS stakes, which I hope was not for naught.
Thanks,
Randall
Keep calm and drink a beer. The behavior is "normal" at the moment. Just follow Updates here and listen to the dev.
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https://hobotoken.com https://hobomap.info
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Tranz (OP)
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September 22, 2017, 09:55:38 PM |
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Thanks lightspeedy and hi Randall.
The original development of the coin did not have long term value and use in mind. It was meant to be one and done. Due to this things were major issues. Most notably starting with wallet lag and bad orphan rate. This was due to among many things 20 second block time. For a global network of wallets that were accepting blocks, relaying transactions and creating PoS blocks, it was not a long term feasible setting.
Also the PoW structured allowed for pools and users with high hash power to basically take over the chain and potentially cause other issues. To fix this I first made the first change to limit PoW by only allowing it to come after a PoS block, and eventually at block 6.0 million it will be turned off.
Then I made further enhancements to the wallet to allow for more efficient quicker staking. This has the unintended consequences of causing lager wallets the ability take over chain, because they could calculate stake so quickly. This only increased the issue of wallet lag and orphans and eventually caused a network split.
So the answer was to slow the chain down. The slow down of the chain triggered a higher PoS difficulty and in turn a lower stake rate. This is what you are seeing now. The benefits are much lower inflation rate, very little wallet lag, much lower orphan rate, and a network that works much better.
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lightspeedy
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September 23, 2017, 03:11:10 AM |
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A small announcement HOBOBOT - THE TWITTER TIP BOT!!I have installed a TipBot for HoboNickels on Twitter. The whole community is invited to give their followers a bit of HoboNickels to spread the HoboNickels to the people. How does it work:1. Follow HoboNickels_HBN on Twitter 2. Make a Tweet: Hobobot address -> The Hobobot will return your HBN deposit address. 3. Send some HoboNickels to your wallet which the bot gives you 4. Send your followers a tip: Hobobot tip @USER <AMOUNT>
Example: Hobobot tip @Tranz 100
This command would send a tip of 100HBN to the Twitter Account of @Tranz Cool Hah??
Bye the way; Do you have a twitter account Tranz???
I want to create later a custom website specially for this bot. Unfortunately I'm a bit short in time, but I try my best.
HoboNickels to the MOON !!
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https://hobotoken.com https://hobomap.info
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versprichnix
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September 23, 2017, 08:56:17 AM |
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So the answer was to slow the chain down. The slow down of the chain triggered a higher PoS difficulty and in turn a lower stake rate. This is what you are seeing now. The benefits are much lower inflation rate, very little wallet lag, much lower orphan rate, and a network that works much better.
Thank you for the explanation, Tranz. I understand a little better now. I have a block that is 19 days old which has not staked. Other blocks, younger than this one have staked. Is this normal? Is there anything I need to do for this block? Thanks again. You know, if you get a stake reward, is highly based on fortune. The chance rises with the stake weight. or the mature time. With less blocks created, for larger stakes it becomes advantageous to collect them into blocks of around 20k HBN. @Tranz My new organized stakes have reached an aging time of over 8.8 days, but nevertheless the message is "not staking because you don't have mature coins", and "Current Wallet PoS Weight: 0". I hope staking begins after day 10, otherwise we had a real problem.
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Tranz (OP)
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May the force bit with you.
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September 23, 2017, 02:07:02 PM Last edit: September 23, 2017, 03:14:28 PM by Tranz |
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Bye the way; Do you have a twitter account Tranz???
Cool bot! No I don't have a twitter. But thanks! I have a block that is 19 days old which has not staked. Other blocks, younger than this one have staked. Is this normal? Is there anything I need to do for this block?
Thanks again.
Luck and weight are the 2 main ingredients. If those that are that old are smaller in size they could take longer. I have some that are approaching 30 days 1 -2k in size. You can never predict when a block will stake, you can only, with fairly good accuracy, predict when the half of a group of blocks will hit. Similar to half life of a decaying atom.
@Tranz My new organized stakes have reached an aging time of over 8.8 days, but nevertheless the message is "not staking because you don't have mature coins", and "Current Wallet PoS Weight: 0". I hope staking begins after day 10, otherwise we had a real problem.
Well it's no worse then the 10 days it was, but at 8.8 you should start gaining weight. If you type getmininginfo in the rpc console the minimum still says 0?
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versprichnix
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September 24, 2017, 03:33:33 PM |
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Well it's no worse then the 10 days it was, but at 8.8 you should start gaining weight. If you type getmininginfo in the rpc console the minimum still says 0?
It works smooth now, it's minting.
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Tranz (OP)
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May the force bit with you.
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September 26, 2017, 01:11:08 AM |
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Since we now have a network that appears to be fairly stable. I am going to code up some of the user requests we have had over the days. Here is what I have so far anything else I maybe missing? - Fix Coin Control to only show weight after 8.8 days (Temporary until fork is coded and date set)
- Allow for larger split/combine threshold settings
- Allow for 100% stake for charity
- Fix the estimated time to stake in gui
- Code up stub function, but do not yet implement the stake modifier change. To get stake min at 1 day.
What else? Seqwit is a huge undertaking. I would love to implement it. But unless I have a team of developer and testers, it is not going to happen anytime soon. I want to focus my time for now, on bettering the wallet and network, continuing to re-base with newest bitcoin, creating a light weight and Android wallet that can stake, and adding other functionality.
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panpine
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September 26, 2017, 08:15:09 AM Last edit: September 26, 2017, 05:42:13 PM by panpine |
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I like this realistic thinking. And apply to your test team
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Turrican
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“BitCloud [BTDX]”
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September 26, 2017, 07:50:30 PM |
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Since we now have a network that appears to be fairly stable. I am going to code up some of the user requests we have had over the days. Here is what I have so far anything else I maybe missing? - Fix Coin Control to only show weight after 8.8 days (Temporary until fork is coded and date set)
- Allow for larger split/combine threshold settings
- Allow for 100% stake for charity
- Fix the estimated time to stake in gui
- Code up stub function, but do not yet implement the stake modifier change. To get stake min at 1 day.
What else? - Allow for larger split/combine threshold settings
i can set split/combine manual ? What else? A block or age timer ? if blocknumber/age x then move 1 coin to adress y
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cat77
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September 26, 2017, 09:19:34 PM Last edit: September 26, 2017, 09:34:52 PM by cat77 |
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... - Allow for larger split/combine threshold settings
... I suggest allowing the user to set any split threshold they like.
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BitsAndPiecesOfEight
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September 27, 2017, 04:16:09 AM |
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... - Allow for larger split/combine threshold settings
... I suggest allowing the user to set any split threshold they like. I agree, the risk of going over max reward should be sufficient to prevent the creation of excessively large block sizes. I would also like to have the set values persist through wallet restarts as it is a pain to have to repeatedly set these values whenever there is a need to restart the wallet.
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Turrican
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“BitCloud [BTDX]”
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September 27, 2017, 05:52:12 PM |
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... - Allow for larger split/combine threshold settings
... Hmm why not set automatically the best split/combine threshold or manual (two options)
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vancefox
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September 27, 2017, 09:02:34 PM |
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... - Allow for larger split/combine threshold settings
... I suggest allowing the user to set any split threshold they like. I agree, the risk of going over max reward should be sufficient to prevent the creation of excessively large block sizes. I would also like to have the set values persist through wallet restarts as it is a pain to have to repeatedly set these values whenever there is a need to restart the wallet. How many times can I vote for this?
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This space not for rent...
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cat77
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September 27, 2017, 11:27:21 PM |
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I agree, the risk of going over max reward should be sufficient to prevent the creation of excessively large block sizes. I would also like to have the set values persist through wallet restarts as it is a pain to have to repeatedly set these values whenever there is a need to restart the wallet.
what pain ? 2 lines in conf and you'r done It would be great if that worked. It does not. Nor does it work as a command line option. At least not under Win7
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FlungSpun
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September 28, 2017, 08:23:26 AM |
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I agree, the risk of going over max reward should be sufficient to prevent the creation of excessively large block sizes. I would also like to have the set values persist through wallet restarts as it is a pain to have to repeatedly set these values whenever there is a need to restart the wallet.
what pain ? 2 lines in conf and you'r done It would be great if that worked. It does not. Nor does it work as a command line option. At least not under Win7 works for me it seems. ok, if not, 2 lines in a batch file using curl No unless it was fixed in last releases then it does not work from the conf. Also I agree, I should be 100% user discretion. Some of us enjoy trying for the 249.99 (adjust to your POS coin limits) at the minimum age by predicting future difficulty etc ... part of the fun. reward vs time compound interest balance game. clicking hundreds of blocks in coin control (cough bottlecaps) not so much! < included for contrast
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