[TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico

[cyberpinoy]

Is teh tekcoins fork in progress?

I sure hope so someone is messing with the difficulty again. 0.0049 today but the past 3 days it has been 0.009 to 0.012 it seems to be happening for about 15 days every month as I look back at our stakes, form the 28th or 29th of the month the difficulty goes up showing the rewards dropping to under 20% then after the 14th they seem to go back up. to 30 to 40%.

I have to wonder if its a competitor doing it, if it is actually malicious intent, if it is basic stupidity or if it is just under-educated staker(s). It's hard to tell by looking at the past staking rewards and difficulty.

[a_cat_named_joe]

Now, it seems to be my turn to have synching issues. I'm stuck about five days back. The usual voodoo hasn't worked, and I'd like to NOT bootstrap if I can avoid it. Any ideas prior to a full bootstrap?

I'm hesitant in giving you advice because you have my ultra-respect. I've not tried syncing recently, because I had a very successful minting a short while ago. Try getting rid of cookies and other garbage slowing down your computer with the free version of Ccleaner https://www.piriform.com/ccleaner/download

Try turning off your anti-virus program.

But I'm playing to the gallery here. Please tell me that you found my advice was useful and that all is well!!!

Unfortunately, not at all, as I run Ubuntu linux. But it's good advice for Windows, and probably useful for others. Not sure it would apply to this particular problem, anyway, but you never know. I tried launching it with it being the only service running other than my basic OS related stuff, no change, also tried deleting peers.dat and getting some known good peers from somebody with a synched wallet. That made it launch faster, but it still didn't go past the block it's stuck on.

Now, it seems to be my turn to have synching issues. I'm stuck about five days back. The usual voodoo hasn't worked, and I'd like to NOT bootstrap if I can avoid it. Any ideas prior to a full bootstrap?

restart wallet with reservebalance=1500000 in config, wait for sync and past write reservebalance false in console  

my tek wallet work without stuck.

Hadn't thought of that! There are coins in stake, that could very well be the issue. I'll get back to you after I try it

I forgot that you were on Ubuntu. While you are sorting things out on your side, I just fully synced up two weeks worth of blockchain using the Windows QT wallet. It took approximately 45 minutes with just a few little pauses. It has stayed stable for the last 10 minutes, so your problem might be due to a glitch similar to what some of us experienced a few weeks ago.

It could be that lots of micro-amounts were competing with each other make it into a block, maybe creating lots of orphans - enough to make it difficult for you to sync. I'm not sure how that would make you stall with 5 days to go though. I notice that the current difficulty is 0.01163326. That's quite high.

Johan 11's solution seems like it could be the best bet.

[a_cat_named_joe]

There seems to be a discrepancy between our two main block explorers.

PressTab's currently shows a difficulty of 0.00384384         on block 1320669 (so did my wallet)
while BlockExperts' shows a difficulty of  0.01163326 stuck on block 1318135

Both are current readings accessed a couple of minutes ago. I wonder if this shows where the problem might lie and whether BlockExperts are running a Linux-based system?

[kiklo]

There seems to be a discrepancy between our two main block explorers.

PressTab's currently shows a difficulty of 0.00384384         on block 1320669 (so did my wallet)
while BlockExperts' shows a difficulty of  0.01163326 stuck on block 1318135

Both are current readings accessed a couple of minutes ago. I wonder if this shows where the problem might lie and whether BlockExperts are running a Linux-based system?

@Biomech
Are you running on a 64bit version?

Peercoin had an issue a while back that forked between 32 bit versions & 64 bit versions
https://github.com/ppcoin/ppcoin/issues/100

 

[gribgo]

Is teh tekcoins fork in progress?

I sure hope so someone is messing with the difficulty again. 0.0049 today but the past 3 days it has been 0.009 to 0.012 it seems to be happening for about 15 days every month as I look back at our stakes, form the 28th or 29th of the month the difficulty goes up showing the rewards dropping to under 20% then after the 14th they seem to go back up. to 30 to 40%.

I have to wonder if its a competitor doing it, if it is actually malicious intent, if it is basic stupidity or if it is just under-educated staker(s). It's hard to tell by looking at the past staking rewards and difficulty.

Hi! Glad to see you here
I would tell you from my own investigation - I see it more like basic stupidity combined with TADAaaM!! Un-educated tek solominers! Some people throw their old hardware to solomine TEK, then forget about it for one-two weeks and it goes to their wallets as this dust of 1 -2 Tekcoins and then trying to stake..
I cant find any benefit in this kind of POS diff manipulations for the "atacker", but it greatly drives all community mad!
peace man

[crazyivan]

Can someone explain to me, how is it possible staking diff does not go up after so many coins being staked?

[gribgo]

Hi! Tekheads! Heads Up!
Somehow everybody just ignored my Tekcoin feature proposal, so I post it here again!
And surely hope for at least some respond or critics or anything.. or does it sound stupid..
This is where we can go ..if look at the Tekcoin as a Product as my main job is PR.. I understand market positioning better then programming.
So I think of Tekcoin as a product on the market and what can pick up the price and create demand..
This simple marketing tools that used for wide range of products and are not new, but will bring more fresh blood into project!
I really wanted Thundertoe to get into discussion and Biomech as the part of active community here!
So here I go again:
What to do with millions of coins in the future? BURN them  ..please don't stop reading here, because I am not big fanatic of burning coins at all!
But! Yes we Can ask our DEV team to consider burning option in the wallet?
Let this burn option be the process that will somehow destroy coins in exchange for the new generated address unique to this wallet i.e. proof-of burn
SuperStake address! If coins send to this address they can stake at 41% no matter of the difficulty level
..lets say burn 100000tek = get address staking at 41% per 30 days
perhaps we can make something like if you burn  200000tek then the new address will stake at 42% etc until 50%
(it can be made math\formula\depend on how much you burn// like if you 220000 will get you 42.2% etc.)
So that would solve two main issues and answer the question WHY BUY TEK? This will generate an immediate demand rise and will blow some life into POW mining too!!!
And what to do with millions of coins ...and the hard fork is not out just yet
First I was thinking of - How you can improve the virtual miner? - you must make the one that mines Moooore!!! Smiley

the numbers and the concept need to be discussed here and ..peace to you all

--

[gribgo]

Few words about TEKcoin network..
Here is something unusual that we can see on the network hasrate chart

http://www.coinwarz.com/network-hashrate-charts/tekcoin-network-hashrate-chart

6 Dec between 10:00 and 11:00 GMT there was really strange spike in the network hashrate //as if we usually have 3-15THs network, then here it was 112THs for just one hour!
looks like attack..
..

[shrimpdigger]

Hi! Tekheads! Heads Up!
Somehow everybody just ignored my Tekcoin feature proposal, so I post it here again!
And surely hope for at least some respond or critics or anything.. or does it sound stupid..
This is where we can go ..if look at the Tekcoin as a Product as my main job is PR.. I understand market positioning better then programming.
So I think of Tekcoin as a product on the market and what can pick up the price and create demand..
This simple marketing tools that used for wide range of products and are not new, but will bring more fresh blood into project!
I really wanted Thundertoe to get into discussion and Biomech as the part of active community here!
So here I go again:
What to do with millions of coins in the future? BURN them  ..please don't stop reading here, because I am not big fanatic of burning coins at all!
But! Yes we Can ask our DEV team to consider burning option in the wallet?
Let this burn option be the process that will somehow destroy coins in exchange for the new generated address unique to this wallet i.e. proof-of burn
SuperStake address! If coins send to this address they can stake at 41% no matter of the difficulty level
..lets say burn 100000tek = get address staking at 41% per 30 days
perhaps we can make something like if you burn  200000tek then the new address will stake at 42% etc until 50%
(it can be made math\formula\depend on how much you burn// like if you 220000 will get you 42.2% etc.)
So that would solve two main issues and answer the question WHY BUY TEK? This will generate an immediate demand rise and will blow some life into POW mining too!!!
And what to do with millions of coins ...and the hard fork is not out just yet
First I was thinking of - How you can improve the virtual miner? - you must make the one that mines Moooore!!! Smiley

the numbers and the concept need to be discussed here and ..peace to you all

--

.
BOS Burn of Stake. POB Proof of Burn.

Its an awesome idea, here my +1 to encourage community support towards something like this...


I unlocked wallet at diff 0.00288987 just now and just for the hell of it and Minted:1,297.35    at Block Height:   1321730..... watching the blockchain there are 2 large mints right there with me at 1321729 and 1321728.....
Did 3 of us just happen to open the wallet to stake a larger amount than all the blocks either sides by complete coincidence? Does the blockchain group together pos stakes that are over say 1000reward.

[mmfiore]

Cryptsy has locked the Tekcoin wallet and claims there is something wrong with the Tekcoin block chain. Is this true or is this another example of suspicious activity at Cryptsy?

[thundertoe]

Cryptsy has locked the Tekcoin wallet and claims there is something wrong with the Tekcoin block chain. Is this true or is this another example of suspicious activity at Cryptsy?

no word yet.

TEKcoin has been added to https://wwww.bitebi9.com/markets/view/TEK_CNY

[Hilux74]

Hi! Tekheads! Heads Up!
Somehow everybody just ignored my Tekcoin feature proposal, so I post it here again!
And surely hope for at least some respond or critics or anything.. or does it sound stupid..
This is where we can go ..if look at the Tekcoin as a Product as my main job is PR.. I understand market positioning better then programming.
So I think of Tekcoin as a product on the market and what can pick up the price and create demand..
This simple marketing tools that used for wide range of products and are not new, but will bring more fresh blood into project!
I really wanted Thundertoe to get into discussion and Biomech as the part of active community here!
So here I go again:
What to do with millions of coins in the future? BURN them  ..please don't stop reading here, because I am not big fanatic of burning coins at all!
But! Yes we Can ask our DEV team to consider burning option in the wallet?
Let this burn option be the process that will somehow destroy coins in exchange for the new generated address unique to this wallet i.e. proof-of burn
SuperStake address! If coins send to this address they can stake at 41% no matter of the difficulty level
..lets say burn 100000tek = get address staking at 41% per 30 days
perhaps we can make something like if you burn  200000tek then the new address will stake at 42% etc until 50%
(it can be made math\formula\depend on how much you burn// like if you 220000 will get you 42.2% etc.)
So that would solve two main issues and answer the question WHY BUY TEK? This will generate an immediate demand rise and will blow some life into POW mining too!!!
And what to do with millions of coins ...and the hard fork is not out just yet
First I was thinking of - How you can improve the virtual miner? - you must make the one that mines Moooore!!! Smiley

the numbers and the concept need to be discussed here and ..peace to you all

--

From the way you have written your examples it is unclear whether you mean that burning 100,000 would give you the guaranteed 41% superstake rate for 30 days (ie you need to burn another 100,000 next month) or if it would give you that rate forever.  Which do you mean?

[gribgo]

Hi! Tekheads! Heads Up!
Somehow everybody just ignored my Tekcoin feature proposal, so I post it here again!
And surely hope for at least some respond or critics or anything.. or does it sound stupid..
This is where we can go ..if look at the Tekcoin as a Product as my main job is PR.. I understand market positioning better then programming.
So I think of Tekcoin as a product on the market and what can pick up the price and create demand..
This simple marketing tools that used for wide range of products and are not new, but will bring more fresh blood into project!
I really wanted Thundertoe to get into discussion and Biomech as the part of active community here!
So here I go again:
What to do with millions of coins in the future? BURN them  ..please don't stop reading here, because I am not big fanatic of burning coins at all!
But! Yes we Can ask our DEV team to consider burning option in the wallet?
Let this burn option be the process that will somehow destroy coins in exchange for the new generated address unique to this wallet i.e. proof-of burn
SuperStake address! If coins send to this address they can stake at 41% no matter of the difficulty level
..lets say burn 100000tek = get address staking at 41% per 30 days
perhaps we can make something like if you burn  200000tek then the new address will stake at 42% etc until 50%
(it can be made math\formula\depend on how much you burn// like if you 220000 will get you 42.2% etc.)
So that would solve two main issues and answer the question WHY BUY TEK? This will generate an immediate demand rise and will blow some life into POW mining too!!!
And what to do with millions of coins ...and the hard fork is not out just yet
First I was thinking of - How you can improve the virtual miner? - you must make the one that mines Moooore!!! Smiley

the numbers and the concept need to be discussed here and ..peace to you all

--

From the way you have written your examples it is unclear whether you mean that burning 100,000 would give you the guaranteed 41% superstake rate for 30 days (ie you need to burn another 100,000 next month) or if it would give you that rate forever.  Which do you mean?

You burn 100000 once and you will see the new address in your wallet. And if you send any amount to that address, then you will get exact 41% every month forever! And this address is locked to your wallet.dat
if you burn 123456tek then your another NEW address will stake at 41.23456...% and so on... but no more then lets say 50%
It will then make sense to buy some more tek to get privileged stake, but not for your pretty eyes, but for contributing 100000 (or how-much-you-choose)Tek in favor of taking out the excessive supply base.
ok/
peace

P.S. I was thinking of word sacrifice, but did not use this word, because then they will say we were a church

[dickwhite]

Hi! Tekheads! Heads Up!
Somehow everybody just ignored my Tekcoin feature proposal, so I post it here again!
And surely hope for at least some respond or critics or anything.. or does it sound stupid..
This is where we can go ..if look at the Tekcoin as a Product as my main job is PR.. I understand market positioning better then programming.
So I think of Tekcoin as a product on the market and what can pick up the price and create demand..
This simple marketing tools that used for wide range of products and are not new, but will bring more fresh blood into project!
I really wanted Thundertoe to get into discussion and Biomech as the part of active community here!
So here I go again:
What to do with millions of coins in the future? BURN them  ..please don't stop reading here, because I am not big fanatic of burning coins at all!
But! Yes we Can ask our DEV team to consider burning option in the wallet?
Let this burn option be the process that will somehow destroy coins in exchange for the new generated address unique to this wallet i.e. proof-of burn
SuperStake address! If coins send to this address they can stake at 41% no matter of the difficulty level
..lets say burn 100000tek = get address staking at 41% per 30 days
perhaps we can make something like if you burn  200000tek then the new address will stake at 42% etc until 50%
(it can be made math\formula\depend on how much you burn// like if you 220000 will get you 42.2% etc.)
So that would solve two main issues and answer the question WHY BUY TEK? This will generate an immediate demand rise and will blow some life into POW mining too!!!
And what to do with millions of coins ...and the hard fork is not out just yet
First I was thinking of - How you can improve the virtual miner? - you must make the one that mines Moooore!!! Smiley

the numbers and the concept need to be discussed here and ..peace to you all

--

Some neat ideas here. I'd be all for burning TEK to SuperTEK at 1000:1, with an initial ST rate of up to 80%. And if you could do it with one wallet, well, that would be cool.

[Joebwan]

Interesting Idea Gribgo, Perhaps better if you have to 'purchase' the 41% each month though.

[bhokor]

And why not create a btc faucet rotator and the incomes going for buy tek and burn them?

[gribgo]

Hi! Tekheads! Heads Up!
Somehow everybody just ignored my Tekcoin feature proposal, so I post it here again!
And surely hope for at least some respond or critics or anything.. or does it sound stupid..
This is where we can go ..if look at the Tekcoin as a Product as my main job is PR.. I understand market positioning better then programming.
So I think of Tekcoin as a product on the market and what can pick up the price and create demand..
This simple marketing tools that used for wide range of products and are not new, but will bring more fresh blood into project!
I really wanted Thundertoe to get into discussion and Biomech as the part of active community here!
So here I go again:
What to do with millions of coins in the future? BURN them  ..please don't stop reading here, because I am not big fanatic of burning coins at all!
But! Yes we Can ask our DEV team to consider burning option in the wallet?
Let this burn option be the process that will somehow destroy coins in exchange for the new generated address unique to this wallet i.e. proof-of burn
SuperStake address! If coins send to this address they can stake at 41% no matter of the difficulty level
..lets say burn 100000tek = get address staking at 41% per 30 days
perhaps we can make something like if you burn  200000tek then the new address will stake at 42% etc until 50%
(it can be made math\formula\depend on how much you burn// like if you 220000 will get you 42.2% etc.)
So that would solve two main issues and answer the question WHY BUY TEK? This will generate an immediate demand rise and will blow some life into POW mining too!!!
And what to do with millions of coins ...and the hard fork is not out just yet
First I was thinking of - How you can improve the virtual miner? - you must make the one that mines Moooore!!!

the numbers and the concept need to be discussed here and ..peace to you all

--

From the way you have written your examples it is unclear whether you mean that burning 100,000 would give you the guaranteed 41% superstake rate for 30 days (ie you need to burn another 100,000 next month) or if it would give you that rate forever.  Which do you mean?

You burn 100000 once and you will see the new address in your wallet. And if you send any amount to that address, then you will get exact 41% every month forever! And this address is locked to your wallet.dat
if you burn 123456tek then your another NEW address will stake at 41.23456...% and so on... but no more then lets say 50%
It will then make sense to buy some more tek to get privileged stake, but not for your pretty eyes, but for contributing 100000 (or how-much-you-choose)Tek in favor of taking out the excessive supply base.
ok/
peace

P.S. I was thinking of word sacrifice, but did not use this word, because then they will say we were a church

I also see the business opportunity here for the SuperStake Address owners as they can take other people deposits, then stake it all together for a small fee on this advanced stake-rate address and make payouts after 30 days back in the autopilot fashion to the addresses from what deposits were made... this will require coding from our Dev team..
I understand that its big work to do here, but I think it is time to move the concept forward.. unless the Devs have something that we dont know yet... didnt see a roadmap
peace

EDIT: P.S. The price will go up, because of very simple fact, that Every coin has Very Big Fans (VBF) and Just Holders(JH) and if the mechanism described above is launched, then VBF are going to start buying the coin right away, because its "cheap" (and actually showed the bottom and climbing up already)...
Then JH notice that the price is going up and reaches their level of "normal good" price.. and start buying too, but at higher price again!

[EdvinZ]

Promising coin, I see good development. Good luck to the developers!

[salaman112]

Ugh waiting for cryptsy to sort their shit out

[a_cat_named_joe]

Cryptsy has locked the Tekcoin wallet and claims there is something wrong with the Tekcoin block chain. Is this true or is this another example of suspicious activity at Cryptsy?

no word yet.

TEKcoin has been added to https://wwww.bitebi9.com/markets/view/TEK_CNY

Thundertoe > there's a typo in the url you posted for the new exchange listing Tek. You've gone into overdrive with your wwwwws! You've put 4 instead of 3. People using Firefox have been getting untrusted connection warnings! Here's the corrected url:

bitebi9     https://www.bitebi9.com/markets/view/TEK_CNY

bitebi9 is a start up company within the Bao Luo Technology Company Ltd., Dalian, China. It is interesting because the only fiat featured there is Chinese CNY. Apparently you can buy BTC cheaper there. Lots of other coins are listed besides BTC and Tek.

The exchange looks like a Cryptsy subsidiary. mmmmmmm ... I wonder. Well worth encouraging in my book.