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Author Topic: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico  (Read 445032 times)
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Biomech
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April 04, 2016, 04:14:39 PM
 #5341


what is happend after this time with the coins ?
no automatic reorganisation ?

If I understand correctly, it just stops gaining interest at that point.

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April 04, 2016, 04:48:40 PM
 #5342


what is happend after this time with the coins ?
no automatic reorganisation ?

If I understand correctly, it just stops gaining interest at that point.

From my experience, blocks stop gaining weight after 90 days, but still get the interest past that. I staked some 97 day old blocks this month and got the extra interest for those 7 days. If you look at block 1542168 and do the math, you get a good example of why waiting for lowest diff and adding your interest is better than compounding at a higher diff.
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April 04, 2016, 05:44:51 PM
 #5343


what is happend after this time with the coins ?
no automatic reorganisation ?

If I understand correctly, it just stops gaining interest at that point.

From my experience, blocks stop gaining weight after 90 days, but still get the interest past that. I staked some 97 day old blocks this month and got the extra interest for those 7 days. If you look at block 1542168 and do the math, you get a good example of why waiting for lowest diff and adding your interest is better than compounding at a higher diff.
Well that would be great.
I also staked some older then 90 days, not sure how many days exactly, but it was worth the wait.
Suddenly my wallet doubled in size and I was warped into the top 100 rich list.
I guess the micro staker was off line or did some staking himself.
Now diff is very high again.

Normally coins stop gaining weight and often interest will be 0%.

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April 04, 2016, 09:17:11 PM
 #5344

After max coin age for stake - just stop increase coins weight (probability of stake). Interest do not stop increase.
This parameter important only for high difficulty coins like HYP or for small transactions in TEK. (microstake)

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April 06, 2016, 05:20:24 AM
 #5345

Mandatory update hardfork incoming use version 2.4.1.0 Thanks Noise23


Source:  https://github.com/maxxine/TEK

TEKcoin windows wallet https://mega.nz/#!vRBD2BTS!-I1YcIvsIh7Jw_hJ7KS4l6L9zVUPLJPKzR8n1R5WZmc


might want to be careful sending coins around for a bit it looks like many people are still running old versions
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April 06, 2016, 09:26:41 AM
 #5346

Mandatory update hardfork incoming use version 2.4.1.0 Thanks Noise23


Source:  https://github.com/maxxine/TEK

TEKcoin windows wallet https://mega.nz/#!vRBD2BTS!-I1YcIvsIh7Jw_hJ7KS4l6L9zVUPLJPKzR8n1R5WZmc


might want to be careful sending coins around for a bit it looks like many people are still running old versions
I have problems making my hardfork.

I am afraid of a continuous hardfork going on
Biomech
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April 06, 2016, 06:51:18 PM
 #5347

Mandatory update hardfork incoming use version 2.4.1.0 Thanks Noise23


Source:  https://github.com/maxxine/TEK

TEKcoin windows wallet https://mega.nz/#!vRBD2BTS!-I1YcIvsIh7Jw_hJ7KS4l6L9zVUPLJPKzR8n1R5WZmc


might want to be careful sending coins around for a bit it looks like many people are still running old versions
I have problems making my hardfork.

I am afraid of a continuous hardfork going on

Not sure what you're saying. All you need to do is download or compile the new client. After the fork, the old ones won't work, they'll be excluded from the network. Generally a few days of chaos because people don't pay attention, but that's it.

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April 06, 2016, 07:42:55 PM
 #5348

Has the hardfork happened today?

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April 06, 2016, 11:45:09 PM
 #5349

This hardfork not really hardfork, because no changes in blockchain, only in client.

Biomech
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April 07, 2016, 12:10:00 AM
 #5350

This hardfork not really hardfork, because no changes in blockchain, only in client.

Not quite the case.

The client will no longer allow microstaking, AND it will exclude all clients older than the new revision. so if you're running the old wallet after today, and it does manage to synch, it will be on a fork. There was no major revision to the protocol, but it's still a true hard fork.

Equaliser! Bringing the Blockchain Home  New exchange new exchange coming soon  Looks like it could be a contender. Disclosure: This is an affiliate link. Costs you nothing, might make me something. Cypherfunks will rise Again! https://bitcointalk.org/index.php?topic=469407.0
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April 07, 2016, 01:55:33 AM
 #5351

Mandatory update hardfork incoming use version 2.4.1.0 Thanks Noise23


Source:  https://github.com/maxxine/TEK

TEKcoin windows wallet https://mega.nz/#!vRBD2BTS!-I1YcIvsIh7Jw_hJ7KS4l6L9zVUPLJPKzR8n1R5WZmc


might want to be careful sending coins around for a bit it looks like many people are still running old versions
Good work thundertoe, thanks Smiley

wmikrut
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April 07, 2016, 12:38:41 PM
 #5352

Already on the new client!

If you need a node... addnode=wmikrut.com:20007

I will NEVER ask for any kind of funds up front in a buy/sale of anything on bitcointalk.

BM-2cTFihJKmSwusMAoYuUHPvpx56Jozv64KK
vampirus
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April 07, 2016, 02:24:41 PM
 #5353

Old client can be on main chain and connected to new client if not lost connection. Only on initially connection old client will be rejected. And if there is one old client in net, all old and new clients work together.

Enema
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April 07, 2016, 09:40:29 PM
 #5354

This hardfork not really hardfork, because no changes in blockchain, only in client.

Not quite the case.

The client will no longer allow microstaking, AND it will exclude all clients older than the new revision. so if you're running the old wallet after today, and it does manage to synch, it will be on a fork. There was no major revision to the protocol, but it's still a true hard fork.
So in plain English its not possible to mod the code so it will allow microstaking ?

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April 08, 2016, 02:25:03 AM
 #5355

So in plain English its not possible to mod the code so it will allow microstaking ?

Well, you can modify the code for sure, and diddle it so that it pretends to be the new version, and generate stake blocks for amounts less than the new limit ...

... but block validation depends on the Tek network.  If the new client is coded well, other nodes on the network will catch "microstake" blocks (and therefore renegade clients) during block validation.  The authors can probably speak to that issue with specifics.

Biomech
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April 08, 2016, 03:03:24 AM
 #5356

This hardfork not really hardfork, because no changes in blockchain, only in client.

Not quite the case.

The client will no longer allow microstaking, AND it will exclude all clients older than the new revision. so if you're running the old wallet after today, and it does manage to synch, it will be on a fork. There was no major revision to the protocol, but it's still a true hard fork.
So in plain English its not possible to mod the code so it will allow microstaking ?

I'm uncertain. Noise23 would be the man to ask about that, but since the main focus of the new client was to eliminate microstaking, I would think he would have made it so that such blocks would no longer confirm. He's a very good coder.

Equaliser! Bringing the Blockchain Home  New exchange new exchange coming soon  Looks like it could be a contender. Disclosure: This is an affiliate link. Costs you nothing, might make me something. Cypherfunks will rise Again! https://bitcointalk.org/index.php?topic=469407.0
vampirus
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April 08, 2016, 01:40:16 PM
 #5357

Nevertheless, microstaking is part of game and can't be removed completely. 

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April 08, 2016, 02:41:51 PM
 #5358

Nevertheless, microstaking is part of game and can't be removed completely. 

Why in the world would you want to mirco stake , it does not make sense unless the person is so poor that he can't buy Tek , even two weeks working those free faucets would get you a nice sum!
vampirus
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April 08, 2016, 03:48:40 PM
 #5359

Nevertheless, microstaking is part of game and can't be removed completely. 

Why in the world would you want to mirco stake , it does not make sense unless the person is so poor that he can't buy Tek , even two weeks working those free faucets would get you a nice sum!
Because if all get 500%, it is mean all get 0% profit.

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April 08, 2016, 04:27:56 PM
 #5360

Nevertheless, microstaking is part of game and can't be removed completely. 

really explain to me why this is. i can think of multiple ways to remove it, but go ahead explain it to us all.
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