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Author Topic: HoboNickels - HBN - High Fast Stake - Version 2.0! More Secure, Less Intensive  (Read 478572 times)
Jude Austin
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December 06, 2013, 12:04:49 AM
 #381


Ah, I think I might have gotten some from you already.

Nevermind then!

I really need to find someone to make PoS P2Pools!

Buy or sell $100 of Crypto and get $10!
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ryanb
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December 06, 2013, 12:19:43 AM
 #382

i started mining couple days ago and i have a little bit under 2000

do we have big ballers here?


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December 06, 2013, 02:35:00 AM
 #383

Is anyone selling these coins? I'm looking to buy a few thousand. Let me know your price in a private message, thanks.
Tranz (OP)
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December 06, 2013, 02:42:48 AM
 #384

Is anyone selling these coins? I'm looking to buy a few thousand. Let me know your price in a private message, thanks.


You can buy from 2 exchanges currently.

https://bitcointalk.org/index.php?topic=303749.msg3251171#msg3251171

Plenty of large cheap lots right now. Scoop them up send them in 1k chunks into into separate staking wallet about once per hour. And boom you will get nice stake just about every day Smiley



HBN: https://bitcointalk.org/index.php?topic=303749.0 hobonickels.info
Personal Donations: F1TranzWqFGZyFeTMu6iLbtTQgdXuJPsiL
Donations to the HBN Fund: EhbNfund4PrRFLHMxsnbGLhP25hizJGHEE or 1LVFtCX4a83dMLjd8S7imKKKC58QaG83kw
ryanb
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December 06, 2013, 02:57:36 AM
 #385

Is anyone selling these coins? I'm looking to buy a few thousand. Let me know your price in a private message, thanks.


You can buy from 2 exchanges currently.

https://bitcointalk.org/index.php?topic=303749.msg3251171#msg3251171

Plenty of large cheap lots right now. Scoop them up send them in 1k chunks into into separate staking wallet about once per hour. And boom you will get nice stake just about every day Smiley




can you clarify please, what is the purpose of having separate staking wallet?

what is the best way to do this, i am mining and holding for the sake of the stake and i would like to know the best way to do it

Thanks

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December 06, 2013, 03:03:10 AM
 #386

Is anyone selling these coins? I'm looking to buy a few thousand. Let me know your price in a private message, thanks.


You can buy from 2 exchanges currently.

https://bitcointalk.org/index.php?topic=303749.msg3251171#msg3251171

Plenty of large cheap lots right now. Scoop them up send them in 1k chunks into into separate staking wallet about once per hour. And boom you will get nice stake just about every day Smiley




can you clarify please, what is the purpose of having separate staking wallet?

what is the best way to do this, i am mining and holding for the sake of the stake and i would like to know the best way to do it

Thanks

When you mine, you are getting blocks of 5 coins. After each block ages 10 days it will try to stake. What you will notice is that after many days(say 15+) of constant mining you will have thousands of coins all competing for stake. This will cause the CPU load to increase, which will in cause turn the gui to become very sluggish, the stake will also take longer in the CPU miner thread, which will lead to higher orphan rate.

By creating a secondary wallet you can alleviate many of these issue by mining on the default and accumulating say 1000 coins. Then send those to the stake wallet.  This will allow the block of 1000 coins to stake together. This will give you a much higher advantage against all the little stakes. Less orphans, GUI responds better. And it is cool Smiley

Also I would note that creating a VERY large block, may not be the best strategy either. As you can still get orphaned, and lose that stake.


HBN: https://bitcointalk.org/index.php?topic=303749.0 hobonickels.info
Personal Donations: F1TranzWqFGZyFeTMu6iLbtTQgdXuJPsiL
Donations to the HBN Fund: EhbNfund4PrRFLHMxsnbGLhP25hizJGHEE or 1LVFtCX4a83dMLjd8S7imKKKC58QaG83kw
ryanb
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December 06, 2013, 03:07:09 AM
 #387

Thanks for clarifying so now the coins that i have in my wallet if i move them i will lose the days that they were in the wallet?

so they reset?

I am also collecting the payment in batch of 500 from the pool


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Tranz (OP)
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December 06, 2013, 03:09:43 AM
 #388

Thanks for clarifying so now the coins that i have in my wallet if i move them i will lose the days that they were in the wallet?

so they reset?

I am also collecting the payment in batch of 500 from the pool



Moving coins will reset coins days. But hey it is only 10 days.

500 coin chunk is a good amount.

I am working on Advanced Coin Control, which will allow you to pick which coin to send. So you could leave coins that are bout to stake, but send some that are only a day or 2 old. I'm about 30% through. 

HBN: https://bitcointalk.org/index.php?topic=303749.0 hobonickels.info
Personal Donations: F1TranzWqFGZyFeTMu6iLbtTQgdXuJPsiL
Donations to the HBN Fund: EhbNfund4PrRFLHMxsnbGLhP25hizJGHEE or 1LVFtCX4a83dMLjd8S7imKKKC58QaG83kw
ryanb
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December 06, 2013, 03:11:42 AM
 #389

that sounds good.

I setup a new wallet so start moving coins to the new wallet in 1000 batches?


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Tranz (OP)
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December 06, 2013, 03:14:06 AM
 #390

that sounds good.

I setup a new wallet so start moving coins to the new wallet in 1000 batches?



Its been working nicely for me!

HBN: https://bitcointalk.org/index.php?topic=303749.0 hobonickels.info
Personal Donations: F1TranzWqFGZyFeTMu6iLbtTQgdXuJPsiL
Donations to the HBN Fund: EhbNfund4PrRFLHMxsnbGLhP25hizJGHEE or 1LVFtCX4a83dMLjd8S7imKKKC58QaG83kw
ryanb
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December 06, 2013, 03:15:56 AM
 #391

that sounds good.

I setup a new wallet so start moving coins to the new wallet in 1000 batches?



Its been working nicely for me!


what happen if my computer was offline will i get stake on the days it was off?

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Tranz (OP)
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December 06, 2013, 03:21:29 AM
 #392

that sounds good.

I setup a new wallet so start moving coins to the new wallet in 1000 batches?



Its been working nicely for me!


what happen if my computer was offline will i get stake on the days it was off?

The coins will age, but you will need to get back online and caught up with the chain before you coins will attempt stake.

HBN: https://bitcointalk.org/index.php?topic=303749.0 hobonickels.info
Personal Donations: F1TranzWqFGZyFeTMu6iLbtTQgdXuJPsiL
Donations to the HBN Fund: EhbNfund4PrRFLHMxsnbGLhP25hizJGHEE or 1LVFtCX4a83dMLjd8S7imKKKC58QaG83kw
ryanb
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December 06, 2013, 03:25:57 AM
 #393

after adding the new wallet

i added a passphrase and when i tried to unlock the wallet to stake

it says the wallet is not minting due to being locked

it wont let me unlock it

it unlocked the default one only

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Tranz (OP)
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December 06, 2013, 03:27:15 AM
 #394

after adding the new wallet

i added a passphrase and when i tried to unlock the wallet to stake

it says the wallet is not minting due to being locked

it wont let me unlock it

it unlocked the default one only

listwallets

then find your walletname

usewallet <walletname> walletpassphrase <yourpass> 9999

HBN: https://bitcointalk.org/index.php?topic=303749.0 hobonickels.info
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ryanb
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December 06, 2013, 03:31:50 AM
 #395

thank you

I will give it a try

now after say the block of 1000 coins started getting the PoS

do you recommend combing the coins as what they have to do it with nvc or it does not matter?

cuz after a while the amount will be received smaller and smaller so will that slow down the cpu as well?

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Tranz (OP)
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December 06, 2013, 03:34:08 AM
 #396

thank you

I will give it a try

now after say the block of 1000 coins started getting the PoS

do you recommend combing the coins as what they have to do it with nvc or it does not matter?

cuz after a while the amount will be received smaller and smaller so will that slow down the cpu as well?

I'd say just watch your CPU, if you are getting close to maxing out 1 core, then it maybe time to recombine into default, then put out 1k chunks again. I'd imagine you might have to do this every 6 months or so. Maybe by that time do 2k.

HBN: https://bitcointalk.org/index.php?topic=303749.0 hobonickels.info
Personal Donations: F1TranzWqFGZyFeTMu6iLbtTQgdXuJPsiL
Donations to the HBN Fund: EhbNfund4PrRFLHMxsnbGLhP25hizJGHEE or 1LVFtCX4a83dMLjd8S7imKKKC58QaG83kw
ryanb
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December 06, 2013, 03:40:20 AM
 #397

that sounds good

now i got the second wallet unlocked and the key pic showing encrypted and unlocked on both wallets but i still have the message on the second wallet

here is a screen shot http://prntscr.com/291lue


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Tranz (OP)
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December 06, 2013, 03:43:36 AM
 #398

that sounds good

now i got the second wallet unlocked and the key pic showing encrypted and unlocked on both wallets but i still have the message on the second wallet

here is a screen shot http://prntscr.com/291lue



Hmm, Well it is unlocked, so that message should go away. If it doesn't it is just a visual bug, and should still work. 

HBN: https://bitcointalk.org/index.php?topic=303749.0 hobonickels.info
Personal Donations: F1TranzWqFGZyFeTMu6iLbtTQgdXuJPsiL
Donations to the HBN Fund: EhbNfund4PrRFLHMxsnbGLhP25hizJGHEE or 1LVFtCX4a83dMLjd8S7imKKKC58QaG83kw
ryanb
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December 06, 2013, 03:46:34 AM
 #399

what is the benefit of having encryption on the wallet when it is unlocked for minting

i can send coins and it doesn't ask me for the passpharae?

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Tranz (OP)
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December 06, 2013, 03:48:52 AM
 #400

what is the benefit of having encryption on the wallet when it is unlocked for minting

i can send coins and it doesn't ask me for the passpharae?

Well if someone gets your wallet.dat they would need your pass.

There is a missing piece to walletpassphrase which is unlock for mint only. Which would then prompt the user for the pass when send. This will be fixed in a upcoming release.

I'm out for the night.  Happy Hashing!

HBN: https://bitcointalk.org/index.php?topic=303749.0 hobonickels.info
Personal Donations: F1TranzWqFGZyFeTMu6iLbtTQgdXuJPsiL
Donations to the HBN Fund: EhbNfund4PrRFLHMxsnbGLhP25hizJGHEE or 1LVFtCX4a83dMLjd8S7imKKKC58QaG83kw
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