[ANNOUNCE] New alternate cryptocurrency - Geist Geld

[coblee]

I've been mining with 6 ghash and just now I saw that I found 5 blocks in a row. Immediately, I realized something is not right. I can't be that lucky. After a few minutes, I saw that these 5 blocks all got orphaned. I assumed that due to network issues, I was disconnected enough to build up my own block chain, which got wiped out when I reconnected.

Unfortunately, I think these problems will get worse as the network grows.

Interesting. I wonder how things will play out as we start hitting 100, 200, 300 GH.

Won't matter if we have 100 TH. After a few quick blocks, difficulty will adjust, and we'll be right back to 15 second blocks.

Well it's more about the number of nodes than the network hashrate. With a lot of nodes, block information will have to be sent to all the nodes. So there will be a lot of data sent around. Nodes that are unaware of the latest block, will be splitting the chain. So there will be a lot of collision and chains merging. Will be interesting to see if the network can handle it.

[Lolcust]

I've been mining with 6 ghash and just now I saw that I found 5 blocks in a row. Immediately, I realized something is not right. I can't be that lucky. After a few minutes, I saw that these 5 blocks all got orphaned. I assumed that due to network issues, I was disconnected enough to build up my own block chain, which got wiped out when I reconnected.

Unfortunately, I think these problems will get worse as the network grows.

Interesting. I wonder how things will play out as we start hitting 100, 200, 300 GH.

Won't matter if we have 100 TH. After a few quick blocks, difficulty will adjust, and we'll be right back to 15 second blocks.

Well it's more about the number of nodes than the network hashrate. With a lot of nodes, block information will have to be sent to all the nodes. So there will be a lot of data sent around. Nodes that are unaware of the latest block, will be splitting the chain. So there will be a lot of collision and chains merging. Will be interesting to see if the network can handle it.

Well, that's exactly why I brought up the issue of "how many nodes per a Big Pool" (I PMed Tycho of the deepbit fame, btw)

seems to me that Nodes That Matter in modern bitcoin are, quite frankly, a handful, and the rest could just send them tx "the lean way" and keep the blockchain just for the purpose of feeling themselves like Ye Olde Coin Archiviste.

As for those blocks, there was always in excess two minutes between them (intervals irregular, in one case in excess of 7 minutes), so it does not appear to be exactly a block streak.

That does not disprove the hypothesis that coblee and his peers got sequestered into a "low-diff" fork, but there are other explanations too, like some less than kind person mining on-and off, rushing in at minimum diff, mining till it adjusts, stopping to let it drop (usually missing the norm and going a mite below), then mining again, rinse-repeat.

P.S.:
Someone should write a goddaymn visual block explorer that would allow to visualize orphans and such in relation to main chain  In 3-D

[Syke]

I think the biggest problem will be people with 8 connections. Meaning, they don't have ports open, so are really quite poorly connected to the network. These people will get orphaned more often than everyone else. Make your blocks count. Open incoming connections.

[coblee]

It may be a minute between blocks, but because I was building on my own split chain, each block was built on top of the previous one I found. So it looked like this:

Code:

    {
        "account" : "",
        "category" : "immature",
        "amount" : 7.00000000,
        "confirmations" : 4,
        "txid" : "8132ac21f1b656809d7859bca7190487635d4b74d217759ff9c64219b16388f0",
        "time" : 1316192750
    },
    {
        "account" : "",
        "category" : "immature",
        "amount" : 7.00000000,
        "confirmations" : 3,
        "txid" : "610036b858586763662ea96b1d12c0c6a005184842f2dca7d6a0d47502ef2e79",
        "time" : 1316192941
    },
    {
        "account" : "",
        "category" : "immature",
        "amount" : 7.00000000,
        "confirmations" : 2,
        "txid" : "aa8e1379cb807ae660e4034cb24bcd24e5bb2a897405113c0275d9565b22ed77",
        "time" : 1316193097
    },
    {
        "account" : "",
        "category" : "immature",
        "amount" : 7.00000000,
        "confirmations" : 1,
        "txid" : "9973f663ab4de4d0548b9b66f03b8e5fb9d75cecd2bb1ce9b03373b6e1da0229",
        "time" : 1316193530
    },

And then after a few minutes, they all got orphaned.

[Lolcust]

Well, in a connection sac of some kind, the interval of the blocks you're building with your pals (or with yourself, if you got really isolated totally "alone" and still continued mining somehow) should probably drop, not rise, since you start at higher (native net) difficulty and then adjust lower (which Geld does in less than a minute).

Anyways, very interesting blocks. Maybe we should invite theymos ? I heard he likes blockchains.

P.S.:
Oh, and miners on Geist definitely should open incommings and increase maxconnections=

Having more than 125 can hardly hurt if increased within reason.

[theymos]

Yeah, I'd guess isolation. Unless the network really did produce no other blocks in that timespan.

[Isepick]

Port 7769, right? Still can't seem to get more than 8 connections.  

[Lolcust]

Yeah, I'd guess isolation. Unless the network really did produce no other blocks in that timespan.

Thanks for the input, Theymos.

Well, that's somewhat unnerving. Let's see if such incidents become more common and if anything can be learned from it.

Port 7769, right? Still can't seem to get more than 8 connections.  

Hm, that's odd.

What's the platform and did you try disabling unpnp in the config ?

Can you check your firewall logs or just get what's running (I think it provides connection info...)

[Isepick]

Hm, that's odd.

What's the platform and did you try disabling unpnp in the config ?

Can you check your firewall logs or just get what's running (I think it provides connection info...)

Disabled upnp. Logs showing dd-wrt being flaky. Instead of forwarding to port 7769, the router forwards to some random port instead. Which is really strange since I have uTorrent running fine on another box with its port forwarded the way it should be. Perhaps if I am feeling brave sometime I will update my version of dd-wrt to see if that fixes it.

Looking at my logs further shows it doing the same for all incoming connections on 8333 as well (which I also have forwarded). Its a wonder I can connect to any network and mine at all

[dishwara]

As u can see in the picture, the copy option is greyed out. So their is no way to copy & paste the address. I manually wrote the address now.
Besides, after i give exit, GG closes, but windows gives error message that the software closed unexpectedly & want to check solution.
I am using the new version released on 13 sep 2011 GeistGeld_New.zip.

I extracted to a folder & run GeistGeld_portable_cons.exe & It starts downloading blocks & it works fine that way.
getinfo now gave the following result.
version:32400
balance:0.00000
blocks:20523
connection:11
difficulty:104.3888
....


I tried to mine myself using the built in guiminer. But it only opens the roaming\poclbm\poclbm.ini file & uses that config to mine.
& if i try to mine with local host, i get

Code:

2011-09-17 09:23:24: Listener for "GG": 17/09/2011 09:23:24, Problems communicating with bitcoin RPC 1 2
2011-09-17 09:23:27: Listener for "GG": 17/09/2011 09:23:27, Problems communicating with bitcoin RPC 2 2
2011-09-17 09:23:30: Listener for "GG": 17/09/2011 09:23:30, Problems communicating with bitcoin RPC 3 2

How to mine solo?
And also if some one can send me one or two GG, so that i too see my balance increase.
Below is the address i manually typed from the picture as copy paste not working.
Please double check before sending GG.

gJ9G2BCrxeSguNsck9Toy9tKtiyFT5Wwhv

Windows 7 Ultimate, 64 bit.

[kano]

probably need to add 'server=1" to the config file ... (and server config settings also if not in there)

[Lolcust]

Hm, the RPC error is quite bizzare - I successfully connect GUIminer "out of the zip" (though its option saving is apparently weird and I have to re-input port every time it restarts). Sent ya some geists

Isepick - I guess your router be playing tricks on ya, especially if strange connection behavior is not limited to Geist's port and also happens for Bitcoin.

[Lolcust]

Interesting fact - when connecting to any-coin through a kinky and weird router (D-Link DIR-615 Wireless N Router), I get no more than 12 connections   if "Wan ping" is not allowed, much more if ping is allowed (in both cases, port is forwarded).

Curiously enough, uTorrent seems to give exactly zero rat asses and establishes a lot  of incoming connections in both cases.

[dishwara]

Thanks, now i too have some GG.
9 GG.
Thanks.


Got new error. Marked in RED line

[Lolcust]

Well, people get that occasionally. Still looking for a cause, but it usually goes away after client restart. Basically, either your NTP server is weird or we have a lot of people who never bothered with ntp=1 which could say scary things about the amount of attention people pay to this thing

Could also indicate you have connection issues, but so far no orphans were reported to be associated with this.

But, better safe than sorry, pls restart.

P.S.:
We will have a "pool friendly" version and a stable bootstrap node on tuesday. Also site.

[Cosbycoin]

I'm thinking based on how blocks are generated with large sums of GH that when a pool opens with enough firepower any solo mining with a few GH will likely be in vain.

Small solo miners will be forced to use a pool to get a small cut of the already small GG pie.

 

Interesting I think.

[Lolcust]

I'm thinking based on how blocks are generated with large sums of GH that when a pool opens with enough firepower any solo mining with a few GH will likely be in vain.

Small solo miners will be forced to use a pool to get a small cut of the already small GG pie.

 

Interesting I think.

Well, part of this effort is to establish how big can this pie grow (though, given how most of Bitcoin pie is run by, from Bitcoin Net's perspective, hundreds of nodes at most, it doesn't have to be able to grow very big to "live)

What is more concerning is that fast blocks radically affect some aspects of pool operations, which is where the   curious stuff starts.

P.S.:
dishwara, seriously, open up them ports for them incoming connections  . That will make you and Geist Geld as a whole happier

[Splirow]

Lolcust,

Can you tell me how to mine GG?

I have GUIMiner. What should I do? I am kinda of a newb! lol

[Cosbycoin]

I collected some data on the difficulty that adjust ever few minutes. There are some duplicate values you can disregard them.

This is about 4 ro 6 hours of data:

41.32592058
53.03877464
73.57993070
73.57993070
73.57993070
49.74429527
51.01985208
57.21862978
57.21862978
56.05099627
48.21602856
75.14202535
75.14202535
71.00036395
61.73946964
61.73946964
58.56711479
58.56711479
49.14726638
72.36407710
64.32365492
64.32365492
50.78187382
50.78187382
44.64343971
57.91589282
52.65094384
52.65094384
45.29123383
79.92606214
80.26063120
80.26063120
56.48846120
72.49885485
72.49885485
49.57188487
49.57188487
44.55901687
58.75931634
64.98743013
64.98743013
72.89196305
72.89196305
72.89196305
49.69920313
55.47826432
61.35854439
61.35854439
57.52370111
61.35876880
61.35876880
37.95391768
60.72646061
60.72646061
49.91226583
54.44978872
56.08566147
56.08566147
83.60597408
82.91510781
82.91510781
59.57981164
58.36398172
58.36398172
64.55010658
70.41834735
70.41834735
48.70439667
46.02000230
70.80021269
70.80021269
78.66719809
78.66719809
44.52862239
44.52862239
54.24819652
71.53621804
79.85454130
79.85454130
59.70448399
54.90076476
54.90076476
59.62088744
48.17850528
48.17850528
55.32477040
49.17766378
49.17766378
87.79290099
87.79290099
71.66792685
71.66792685
55.12933754
82.69400631
82.69400631
75.46243737
54.71598303
54.71598303

[Lolcust]

Lolcust,

Can you tell me how to mine GG?

I have GUIMiner. What should I do? I am kinda of a newb! lol

1) Please pretty please open incoming ports, seriously, moar listerners are needed

2) input the thing you have in your config after "username=" into username field (default is username)

3)  input the thing you have in your config after "password=" into password field (default is password)

4) input 8777 into guiminer's port field

5) Start mining !