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Author Topic: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico  (Read 444638 times)
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presstab
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June 13, 2015, 12:28:01 AM
 #3821

Wow!  That is really cool.  The graphs are awesome.  Are you planning on doing this for other coins?

I am mostly just hooking up coins that I know the devs of, or have friends that bug me that their favorite coins need to be on my site Tongue

What do you guys think about my hash rate chart? It required some custom coding to grab all the info, but I think it is correct. Keep in mind that the hash rate reported by the coin client is an estimate based on statistics, how long it takes to find a block, and difficulty which is the reason why you see outliers. One word of caution is that I limited to returning only 5000 datapoints, so not every single PoW block is included.

http://www.presstab.pw/phpexplorer/TEK/charts.php?type=hash


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clockuniverse
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June 16, 2015, 12:39:41 AM
 #3822

I know we aren't friends, but could you put Diamond (DMD) on your site?  I can put you in touch with the devs.  Smile.

.    Implemented!    .
. DASH’s Decentralized Governance, 
  MASTERNODES, and Instant Send.
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June 16, 2015, 05:37:24 AM
 #3823

I know we aren't friends, but could you put Diamond (DMD) on your site?  I can put you in touch with the devs.  Smile.

We are all friends, why would we be? There s enough space for several good PoS coins to coexist.  Grin


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clockuniverse
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June 16, 2015, 12:59:32 PM
 #3824

Laugh.  I meant me personally.

.    Implemented!    .
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  MASTERNODES, and Instant Send.
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████
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       ████
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       WEBSITE
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johan11
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June 16, 2015, 07:38:36 PM
 #3825

1 000 000 block  Grin
Azkhabar
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June 16, 2015, 08:04:07 PM
 #3826

1 000 000 block  Grin

Happy block-day! Cheesy
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June 17, 2015, 07:55:56 AM
 #3827

TEK diff is riding pretty high these days! It almost reached 0.011 a few hours ago...
If I get it right, this is mainly caused by small blocks (so I consolidated mine as much as possible) but I must admit I don't understand very well the following: PoS diff rises and falls depending on how many coins are getting staked how often similar to PoW mining diff
Does it mean the more coins are waiting to stake the higher is difficulty?
What is the exact relationship between PoS difficulty and PoW difficulty?

(sorry if these questions are too obvious, but I still have a lot of knowledge to acquire Smiley )
ryanb
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June 17, 2015, 10:36:30 AM
 #3828

TEK diff is riding pretty high these days! It almost reached 0.011 a few hours ago...
If I get it right, this is mainly caused by small blocks (so I consolidated mine as much as possible) but I must admit I don't understand very well the following: PoS diff rises and falls depending on how many coins are getting staked how often similar to PoW mining diff
Does it mean the more coins are waiting to stake the higher is difficulty?
What is the exact relationship between PoS difficulty and PoW difficulty?

(sorry if these questions are too obvious, but I still have a lot of knowledge to acquire Smiley )


I would like to know the answer as well, i have 5 blocks ready to stake but my wallet is locked waiting on the difficulty to drop a little.

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June 17, 2015, 01:59:06 PM
 #3829

TEK diff is riding pretty high these days! It almost reached 0.011 a few hours ago...
If I get it right, this is mainly caused by small blocks (so I consolidated mine as much as possible) but I must admit I don't understand very well the following: PoS diff rises and falls depending on how many coins are getting staked how often similar to PoW mining diff
Does it mean the more coins are waiting to stake the higher is difficulty?
What is the exact relationship between PoS difficulty and PoW difficulty?

(sorry if these questions are too obvious, but I still have a lot of knowledge to acquire Smiley )


I would like to know the answer as well, i have 5 blocks ready to stake but my wallet is locked waiting on the difficulty to drop a little.

Here you can find the answer:

https://bitcointalk.org/index.php?topic=320404.msg11532485#msg11532485
dickwhite
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June 17, 2015, 02:07:53 PM
Last edit: June 17, 2015, 08:44:36 PM by dickwhite
 #3830

Does it mean the more coins are waiting to stake the higher is difficulty?
What is the exact relationship between PoS difficulty and PoW difficulty?

(sorry if these questions are too obvious, but I still have a lot of knowledge to acquire Smiley )

It just means more coins with weight are competing to stake. That is a good thing IMHO. It means more people are interested and participating in staking, and the coin is healthy and more secure as a result. I doubt everyone will optimize their blocks as you've done, so high diff will likely continue. Other popular high-staking coins face a similar situation. It is something we have to accept.

There is no relationship between POW and POS diffs -- they are separate functions -- other than people are interested in acquiring the coin by any means. However, I've noticed the two closely follow each other for, I believe, the same reasons.

Don't apologize. We need to build a good wiki.

Edit: An apology to thundertoe. I just noticed the user guide link on the OP.
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June 18, 2015, 01:48:28 AM
 #3831

So what does anyone gain by having lots of teeny tiny blocks to stake?  Besides keeping the couple of minutes it would take to combine them in order to spend those two minutes doing something far more valuable than aiming for 40% interest per month.
How long can blocks continue to gain weight before there is no more chance of higher stake?
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June 18, 2015, 02:34:15 AM
 #3832

with the pos diff on a steady climb i would suggest staking large blocks and shooting for more compounding.
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June 18, 2015, 04:48:41 AM
 #3833

High PoS diff should result in further price increase. No high stake, no coins to sell. No coins to sell, the price goes up.  Grin

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June 18, 2015, 05:12:15 AM
 #3834

Hello all, I've been in Tek from almost the beginning. This coin is still staking like a champ on my computer every day. Compounding. Still one of my favorite crypto's.
presstab
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June 18, 2015, 05:58:06 AM
 #3835

That PoS diff.... wow


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crunck
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June 18, 2015, 06:16:00 AM
 #3836

I'm going to get in on this.

However I want to put it onto a VPS as my computer is not on 24/7

Can someone please take the time to give me a noob guide as how to do that.

Getting the coin on there is not a problem, but I believe i then have to encrypt stuff is that correct ?

Thanks
Azkhabar
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June 18, 2015, 08:52:46 AM
 #3837

Thank you all for your answers Smiley
In the end, I guess it's all about finding the right balance between a good price for the coin and a good stake %.
I will keep on grouping my blocks after the next stake and wish this coin a very long life!
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June 18, 2015, 12:09:01 PM
 #3838

So what does anyone gain by having lots of teeny tiny blocks to stake?  Besides keeping the couple of minutes it would take to combine them in order to spend those two minutes doing something far more valuable than aiming for 40% interest per month.
How long can blocks continue to gain weight before there is no more chance of higher stake?

I can only assume it's technically daunting for some to learn and use coin control. It's just easier to let them stake. I hope in the future we can build a wallet that's more user friendly.

According to the code, blocks will gain weight for up to 90 days. From there, the block keeps competing for stake with that weight. That's not to say your stake reward won't keep accumulating. Maybe someone else can verify this.
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June 18, 2015, 08:58:41 PM
 #3839

with the pos diff on a steady climb i would suggest staking large blocks and shooting for more compounding.

peace! What if we had some alarm or a trigger at wanted diff level in the wallet?
Presstab could think of implementing this feature at presstab.pw? I mean alarm at POS diff charts there.
easy tracking of POS diff needed.. so that there will be no time when diff is superlow and no one is staking and super high diff becouse of the bad or no timing of stake at all
thankx all

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June 19, 2015, 03:52:12 AM
 #3840

So what does anyone gain by having lots of teeny tiny blocks to stake?  Besides keeping the couple of minutes it would take to combine them in order to spend those two minutes doing something far more valuable than aiming for 40% interest per month.
How long can blocks continue to gain weight before there is no more chance of higher stake?

I can only assume it's technically daunting for some to learn and use coin control. It's just easier to let them stake. I hope in the future we can build a wallet that's more user friendly.

According to the code, blocks will gain weight for up to 90 days. From there, the block keeps competing for stake with that weight. That's not to say your stake reward won't keep accumulating. Maybe someone else can verify this.

You don't even need to use coin control to consolidate blocks... Just send however-many coins to yourself and they're put into a new block anyway... There's nothing easier to do!

The stake doesn't keep accumulating post 90 days. I thought I was on the correct version of the Mac wallet after the fork last year, when I wasn't. So I was happily staking with my incorrect wallet, right up until March or something. I lost about 20,000 coins because the coins on the new (post-fork) blockchain had last staked more than 90 days previously...
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