Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer

[BorisTheSpider]

That way, we don't have to suffer though such an unnecessarily high difficulty while waiting on the KGW switch.

I don't know where everyone is getting this idea that we're at high difficulty compared to hashrate! I think probably, a miscalculation or gremlin somewhere in the reported nethash is at fault, and rumours spread from there!

Here's the actual data:

Last 500 blocks in 24 hours: http://explorer.vertcoin.org/chain/Vertcoin?count=500&hi=24681

Which is an average of 2.88 minutes vs. a target of 2.5 minutes, so only about 15% off.

Last 100 blocks in 4 hours: http://explorer.vertcoin.org/chain/Vertcoin?count=100&hi=24681

Which is an average of 2.4 minutes, so _faster_ than target blocktime, albeit only slightly.

Additional idea, why not just change the difficulty retarget time until the KGW is put in place?

That would also require a hardfork. It would require exactly the same mandatory update of the wallet, and a period of time to allow people to do that, as we are doing now for KGW.

The takeaway message really though is - actually look at the blocktimes! We are mining at an entirely appropriate difficulty, and blocks are coming very close to the target rate. KGW will be great, and will be in effect very soon, but there is no problem right now!

[josh_kaprun]

And also price is recovering 

Also true.

Additional idea, why not just change the difficulty retarget time until the KGW is put in place?  Isn't that something that could be implemented today?  That way, we don't have to suffer though such an unnecessarily high difficulty while waiting on the KGW switch.

Anyone miners or pools using the old wallet would end up forked on an separate chain and wasting their time/losing coins. People have to be given a reasonable amount of time to upgrade.

So, would just changing the difficulty retarget time to something like 3 hours require a different wallet?  I'm not talking about making the KGW switch sooner as that obviously needs a new wallet to work.  

Full disclosure: I have never developed a coin, so I don't know all of the specifics of what goes into programming one.  So, I apologize if my suggestion is simply not possible.

I don't know where everyone is getting this idea that we're at high difficulty compared to hashrate! I think probably, a miscalculation or gremlin somewhere in the reported nethash is at fault, and rumours spread from there!

Here's the actual data:

Last 500 blocks in 24 hours: http://explorer.vertcoin.org/chain/Vertcoin?count=500&hi=24681

Which is an average of 2.88 minutes vs. a target of 2.5 minutes, so only about 15% off.

Last 100 blocks in 4 hours: http://explorer.vertcoin.org/chain/Vertcoin?count=100&hi=24681

Which is an average of 2.4 minutes, so _faster_ than target blocktime, albeit only slightly.

I was not aware of that.  In that case, my idea not being possible wouldn't be nearly as bad.

[BorisTheSpider]

Edit: I apparently updated my git clone wrong since I see changes in the git web site that aren't in my code. Yet 'git fetch' tells me I'm up to date. Hmm.

Roy I think it's because it's tagged as a new release - you're probably just pulling changes to the old one. I bet if you "git describe" it says 0.8.6.1 rather than 0.8.6.2

I'd just delete the whole folder and git clone afresh (because I suck at git), someone else will probably be able to tell you the proper way to do it.

[roy7]

josh, yes, because people on the old wallet would be using one difficulty, and people on the new wallet would be using the new difficulty.

[BorisTheSpider]

The new wallet with Kimotos Gravity Well and updated N-factor scheduling is now available.

THIS IS A MANDATORY UPDATE - PLEASE UPDATE YOUR WALLET NOW

We have chosen a fork height of block 26754 which should occur on or around Saturday 1st February 2014 (5 days from wallet release). Difficulty will retarget every block after this block height.

We have also backported all the fixes from Litecoin 0.8.6.2, so this release is Vertcoin 0.8.6.2

Please use the following links rather than using vertcoin.org to download the new wallet, the links on vertcoin.org
are to the new updated wallet, but it would be appreciated if you would please use the links below instead to spread
the server load.

0.8.6.2 changes

• Fork to Kimoto Gravity Well difficulty adjustment at block 26754 (Around midday UTC on 1st February 2014)
• Implement new N-factor schedule
• Update to boost 1.55 to fix Windows connectivity issue
• Fix custom build on MacOS X 10.9
• Fix QT5 custom build
• Update Debian build instructions
• Update homebrew build
• DNS seeds updated to include vtc.kilovolt.co.uk and vtcpool.co.uk
• Checkpoint at block 24200

Windows installer: https://www.amazon.co.uk/clouddrive/share?s=uLJdNjcnQN4n9VbuUuZbVk

Windows QT (non installer): https://www.amazon.co.uk/clouddrive/share?s=EICOyiLjSWks3W-ZJBDaBw

Source: https://github.com/vertcoin/vertcoin

Pool operators, please note that to make MPOS display the correct interval between difficulty adjustments, you will want to update /var/www/MPOS/public/include/config/global.inc.php to set
$config['coindiffchangetarget'] = 1; - please do this on fork day, at or as near to block 26754 as you can.

[BorisTheSpider]

Keep asking at https://coinex.zendesk.com/hc/en-us/requests/new and at https://bitcointalk.org/index.php?topic=291647.0 if you want to trade VTC at Coinex.pw

[jballs]

Yes this will be a noob question but in the interest of learning... since all the wallets have to sync to the network pretty much whenever they are open, why is it not possible to just push an upgrade notification/requirement whenever a wallet syncs to the network?

[BorisTheSpider]

Yes this will be a noob question but in the interest of learning... since all the wallets have to sync to the network pretty much whenever they are open, why is it not possible to just push an upgrade notification/requirement whenever a wallet syncs to the network?

jballs that's a good suggestion. I haven't seen anyone implement that in a wallet before, but it would be very useful to have a notification popup telling you if you need to update the wallet. Maybe we'll look into that soon.

[CSM00]

Yes this will be a noob question but in the interest of learning... since all the wallets have to sync to the network pretty much whenever they are open, why is it not possible to just push an upgrade notification/requirement whenever a wallet syncs to the network?

jballs that's a good suggestion. I haven't seen anyone implement that in a wallet before, but it would be very useful to have a notification popup telling you if you need to update the wallet. Maybe we'll look into that soon.

If I remembering correctly, it can be done with the alert key or an extension to the QT client.  I seem to remember updating my Litecoin wallet a few weeks ago from a notification within the QT client.

It'd probably have to be built into a release to be prepared for future upgrades, so wouldnt work for this one.

[mirny]

Keep asking at https://coinex.zendesk.com/hc/en-us/requests/new and at https://bitcointalk.org/index.php?topic=291647.0 if you want to trade VTC at Coinex.pw

just voted and liked, both, coinex and cryptsy, new wallet also installed,
atm 86 found blocks on http://ny.vertco.in
Go VTC Go.

[Vertcoin]

Check out @Vertcoin in "Banker says Bitcoin is Terrible — Tiger Direct Bitcoin — Vertcoin — Winklevoss NY" http://www.thebitcoinchannel.com/archives/33335

[skydivebr]

Hey guys!

Brazilian p2pool for Vertcoin! 

http://177.148.210.193:9171

Thx!

[bengtåke]

Cool, new wallet! Updated my p2pool node too.

[gonzzo]

The new wallet with Kimotos Gravity Well and updated N-factor scheduling is now available.

THIS IS A MANDATORY UPDATE - PLEASE UPDATE YOUR WALLET NOW

We have chosen a fork height of block 26754 which should occur on or around Saturday 1st February 2014 (5 days from wallet release). Difficulty will retarget every block after this block height.

We have also backported all the fixes from Litecoin 0.8.6.2, so this release is Vertcoin 0.8.6.2

Please use the following links rather than using vertcoin.org to download the new wallet, the links on vertcoin.org
are to the new updated wallet, but it would be appreciated if you would please use the links below instead to spread
the server load.

0.8.6.2 changes

• Fork to Kimoto Gravity Well difficulty adjustment at block 26754 (Around midday UTC on 1st February 2014)
• Implement new N-factor schedule
• Update to boost 1.55 to fix Windows connectivity issue
• Fix custom build on MacOS X 10.9
• Fix QT5 custom build
• Update Debian build instructions
• Update homebrew build
• DNS seeds updated to include vtc.kilovolt.co.uk and vtcpool.co.uk
• Checkpoint at block 24200

Windows installer: https://www.amazon.co.uk/clouddrive/share?s=uLJdNjcnQN4n9VbuUuZbVk

Windows QT (non installer): https://www.amazon.co.uk/clouddrive/share?s=EICOyiLjSWks3W-ZJBDaBw

Source: https://github.com/vertcoin/vertcoin

Pool operators, please note that to make MPOS display the correct interval between difficulty adjustments, you will want to update /var/www/MPOS/public/include/config/global.inc.php to set
$config['coindiffchangetarget'] = 1; - please do this on fork day, at or as near to block 26754 as you can.

Thanks for the fast and good work. Wallet updated and everything looks fine!

Is there a way how i can check if a pool has implemented the changes ?
maybe a dumb question but i'm still pretty new to all this stuff and i don't want to mine for nothing.

ohh and coinedUp is working much better after the upgrade, still a litte slow but hey rome wasn't build in a day.

[pdaddy]

The new wallet with Kimotos Gravity Well and updated N-factor scheduling is now available.

THIS IS A MANDATORY UPDATE - PLEASE UPDATE YOUR WALLET NOW

We have chosen a fork height of block 26754 which should occur on or around Saturday 1st February 2014 (5 days from wallet release). Difficulty will retarget every block after this block height.

We have also backported all the fixes from Litecoin 0.8.6.2, so this release is Vertcoin 0.8.6.2

Please use the following links rather than using vertcoin.org to download the new wallet, the links on vertcoin.org
are to the new updated wallet, but it would be appreciated if you would please use the links below instead to spread
the server load.

0.8.6.2 changes

• Fork to Kimoto Gravity Well difficulty adjustment at block 26754 (Around midday UTC on 1st February 2014)
• Implement new N-factor schedule
• Update to boost 1.55 to fix Windows connectivity issue
• Fix custom build on MacOS X 10.9
• Fix QT5 custom build
• Update Debian build instructions
• Update homebrew build
• DNS seeds updated to include vtc.kilovolt.co.uk and vtcpool.co.uk
• Checkpoint at block 24200

What is the new N-factor schedule or where can i find this or is the schedule on the first post the new one?

[sammy007]

404 not found.

http://vertcoin.org/downloads/Vertcoin-Qt-MacOSX.zip

[mattbigblue]

First I updated wallet and opened with my normal wallet.dat (I keep it away not synced) file and some coins didn't show up..I had to downgrade to old file..run wallet, receive mined coins and then update to new wallet..after that I had all of my coins...not sure why my new wallet didn't show up coins.

[Vertcoin]

404 not found.

http://vertcoin.org/downloads/Vertcoin-Qt-MacOSX.zip

We will upload it soon, but not today.

[Vertcoin]

The new wallet with Kimotos Gravity Well and updated N-factor scheduling is now available.

THIS IS A MANDATORY UPDATE - PLEASE UPDATE YOUR WALLET NOW

We have chosen a fork height of block 26754 which should occur on or around Saturday 1st February 2014 (5 days from wallet release). Difficulty will retarget every block after this block height.

We have also backported all the fixes from Litecoin 0.8.6.2, so this release is Vertcoin 0.8.6.2

Please use the following links rather than using vertcoin.org to download the new wallet, the links on vertcoin.org
are to the new updated wallet, but it would be appreciated if you would please use the links below instead to spread
the server load.

0.8.6.2 changes

• Fork to Kimoto Gravity Well difficulty adjustment at block 26754 (Around midday UTC on 1st February 2014)
• Implement new N-factor schedule
• Update to boost 1.55 to fix Windows connectivity issue
• Fix custom build on MacOS X 10.9
• Fix QT5 custom build
• Update Debian build instructions
• Update homebrew build
• DNS seeds updated to include vtc.kilovolt.co.uk and vtcpool.co.uk
• Checkpoint at block 24200

What is the new N-factor schedule or where can i find this or is the schedule on the first post the new one?

| N        | Memory | Timestamp   | Date/Time                     |   |
|----------|--------|-------------|-------------------------------|---|
| 2048     | 256 kB | 1389306217  | Thu, 09 Jan 2014 22:23:37 GMT |   |
| 4096     | 512 kB | 1456415081  | Thu, 25 Feb 2016 15:44:41 GMT |   |
| 8192     | 1 MB   | 1506746729  | Sat, 30 Sep 2017 04:45:29 GMT |   |
| 16384    | 2 MB   | 1557078377  | Sun, 05 May 2019 17:46:17 GMT |   |
| 32768    | 4 MB   | 1657741673  | Wed, 13 Jul 2022 19:47:53 GMT |   |
| 65536    | 8 MB   | 1859068265  | Tue, 28 Nov 2028 23:51:05 GMT |   |
| 131072   | 16 MB  | 2060394857  | Tue, 17 Apr 2035 03:54:17 GMT |   |
| 262144   | 32 MB  | 2463048041  | Sun, 19 Jan 2048 12:00:41 GMT |   |
| 524288   | 64 MB  | 2999918953  | Fri, 23 Jan 2065 06:49:13 GMT |   |
| 1048576  | 128 MB | 3536789865  | Wed, 28 Jan 2082 01:37:45 GMT |   |
| 2097152  | 256 MB | 5684273513  | Mon, 16 Feb 2150 04:51:53 GMT |   |
| 4194304  | 512 MB | 7831757161  | Sat, 07 Mar 2218 08:06:01 GMT |   |
| 8388608  | 1 GB   | 9979240809  | Thu, 25 Mar 2286 11:20:09 GMT |   |
| 16777216 | 2 GB   | 16421691753 | Fri, 19 May 2490 21:02:33 GMT |   |
| 33554432 | 4 GB   | 22864142697 | Sun, 15 Jul 2694 06:44:57 GMT |   |

[donschoe]

My two p2pool nodes are running new wallet. However I did a git fetch and a make, but the only file it recompiled was version.cpp. Shouldn't other files have been updated/recompiled for the KGW?

Code:

:~/vertcoin/src$ make -f makefile.unix
/bin/sh ../share/genbuild.sh obj/build.h
g++ -c -O2 -pthread -Wall -Wextra -Wformat -Wformat-security -Wno-unused-parameter -g -DBOOST_SPIRIT_THREADSAFE -D_FILE_OFFSET_BITS=64 -I/home/ubuntu/vertcoin/src -I/home/ubuntu/vertcoin/src/obj -DUSE_IPV6=1 -I/home/ubuntu/vertcoin/src/leveldb/include -I/home/ubuntu/vertcoin/src/leveldb/helpers -DHAVE_BUILD_INFO -fno-stack-protector -fstack-protector-all -Wstack-protector -D_FORTIFY_SOURCE=2  -MMD -MF obj/version.d -o obj/version.o version.cpp
g++ -O2 -pthread -Wall -Wextra -Wformat -Wformat-security -Wno-unused-parameter -g -DBOOST_SPIRIT_THREADSAFE -D_FILE_OFFSET_BITS=64 -I/home/ubuntu/vertcoin/src -I/home/ubuntu/vertcoin/src/obj -DUSE_IPV6=1 -I/home/ubuntu/vertcoin/src/leveldb/include -I/home/ubuntu/vertcoin/src/leveldb/helpers -DHAVE_BUILD_INFO -fno-stack-protector -fstack-protector-all -Wstack-protector -D_FORTIFY_SOURCE=2  -o vertcoind leveldb/libleveldb.a obj/alert.o obj/version.o obj/checkpoints.o obj/netbase.o obj/addrman.o obj/crypter.o obj/key.o obj/db.o obj/init.o obj/keystore.o obj/main.o obj/net.o obj/protocol.o obj/bitcoinrpc.o obj/rpcdump.o obj/rpcnet.o obj/rpcmining.o obj/rpcwallet.o obj/rpcblockchain.o obj/rpcrawtransaction.o obj/script.o obj/scrypt.o obj/sync.o obj/util.o obj/wallet.o obj/walletdb.o obj/hash.o obj/bloom.o obj/noui.o obj/leveldb.o obj/txdb.o -Wl,-z,relro -Wl,-z,now   -Wl,-Bdynamic -l boost_system -l boost_filesystem -l boost_program_options -l boost_thread -l db_cxx -l ssl -l crypto -Wl,-Bdynamic -l z -l dl -l pthread /home/ubuntu/vertcoin/src/leveldb/libleveldb.a /home/ubuntu/vertcoin/src/leveldb/libmemenv.a

Edit: I apparently updated my git clone wrong since I see changes in the git web site that aren't in my code. Yet 'git fetch' tells me I'm up to date. Hmm.

Code:

$ git fetch -a
$ git checkout master-0.8
$ git pull

The repository is a mess and the changes are in master-0.8

Hey guys!

Brazilian p2pool for Vertcoin! 

http://177.148.210.193:9171

Thx!

Cool, welcome to the p2pool party
http://q30.qhor.net:9172/

Also updated my p2pool backend wallet version to new KGW.

Code:

{
    "version" : 80602,
    "protocolversion" : 70002,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "blocks" : 24785,
    "timeoffset" : 0,
    "connections" : 1,
    "proxy" : "",
    "difficulty" : 13.44495146,
    "testnet" : false,
    "keypoololdest" : 1390733622,
    "keypoolsize" : 101,
    "paytxfee" : 0.00000000,
    "mininput" : 0.00001000,
    "errors" : ""
}

Join p2pool, support decentralized mining and enjoy the awesome worker tracker! http://q30.qhor.net:9171/static/