barabbas
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Activity: 1162
Merit: 1000
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August 05, 2015, 10:33:47 PM |
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sry noob question. i see I can stake coins. but whats interest? how much do i earn?
%5 percent interest/year, but POSv hasen't kicked in yet. It will be about a week or so. We have 16 days give or take till it kicks in. The stake rate is 5%, but I believe that with this being POSv 2.0 there is code for it to split the 5% of the total money supply among those actively staking, if I am correct, that means that if 50% of the coins are actively staking then the effective rate for those coins would be 10%, this is a decent incentive to get the coins off the exchanges and actively staking. I looked through the code and I think I found the relevant chunk of data but I am not a code monkey, if someone who understands source better than I could look through it and confirm, that would be awesome. It would be very nice if we can get this confirmed... |
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rdyoung
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Activity: 994
Merit: 1000
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August 06, 2015, 12:09:22 AM |
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sry noob question. i see I can stake coins. but whats interest? how much do i earn?
%5 percent interest/year, but POSv hasen't kicked in yet. It will be about a week or so. We have 16 days give or take till it kicks in. The stake rate is 5%, but I believe that with this being POSv 2.0 there is code for it to split the 5% of the total money supply among those actively staking, if I am correct, that means that if 50% of the coins are actively staking then the effective rate for those coins would be 10%, this is a decent incentive to get the coins off the exchanges and actively staking. I looked through the code and I think I found the relevant chunk of data but I am not a code monkey, if someone who understands source better than I could look through it and confirm, that would be awesome. It would be very nice if we can get this confirmed... It would be very nice to have confirmation, though my reasoning for it being in there is pretty solid. Laudney, the creator of POSv and one of the creators of reddcoin, said that POSV2 would include this code as well as other enhancements, with potcoin having posted that they implemented POSV2.0, I am fairly certain that it is indeed a part of the code. As I already said, if a friendly code monkey could look through the source and confirm that it is indeed there, or not, I will buy you a redbull or maybe even a 4pack  |
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barabbas
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Activity: 1162
Merit: 1000
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August 06, 2015, 12:13:58 AM
Last edit: August 06, 2015, 06:16:40 AM by barabbas |
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sry noob question. i see I can stake coins. but whats interest? how much do i earn?
%5 percent interest/year, but POSv hasen't kicked in yet. It will be about a week or so. We have 16 days give or take till it kicks in. The stake rate is 5%, but I believe that with this being POSv 2.0 there is code for it to split the 5% of the total money supply among those actively staking, if I am correct, that means that if 50% of the coins are actively staking then the effective rate for those coins would be 10%, this is a decent incentive to get the coins off the exchanges and actively staking. I looked through the code and I think I found the relevant chunk of data but I am not a code monkey, if someone who understands source better than I could look through it and confirm, that would be awesome. It would be very nice if we can get this confirmed... It would be very nice to have confirmation, though my reasoning for it being in there is pretty solid. Laudney, the creator of POSv and one of the creators of reddcoin, said that POSV2 would include this code as well as other enhancements, with potcoin having posted that they implemented POSV2.0, I am fairly certain that it is indeed a part of the code. As I already said, if a friendly code monkey could look through the source and confirm that it is indeed there, or not, I will buy you a redbull or maybe even a 4pack Given that the difference is so significant, I can't understand why the devs have not chimed in here to dispel all doubts... |
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AikaPool
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August 06, 2015, 04:23:45 AM |
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which pools have updated wallet?
After updating of a wallet the balance became zero! |
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CartmanSPC
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Activity: 1270
Merit: 1000
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August 06, 2015, 06:13:50 AM |
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Here is something I haven't seen before. Followed the upgrade instructions by deleting everything except for my wallet.dat file and letting it resync (still syncing). I noticed that the wallet now has a new address that did not belong to me before. My other addresses are gone. All my transactions are there and I am not missing any coins. I tried using a backup of my wallet file and my old addresses are there. New address (valid?): https://chainz.cryptoid.info/pot/search.dws?q=PXh1tH3pxVkvNLcSxA4nrZnF7bHHaLkdRdAny idea? Did my wallet file somehow get corrupt? Where did this new address come from and what happened to my other addresses? I am guessing I will need to revert to the backup wallet file. |
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rdyoung
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Activity: 994
Merit: 1000
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August 06, 2015, 03:38:36 PM |
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sry noob question. i see I can stake coins. but whats interest? how much do i earn?
%5 percent interest/year, but POSv hasen't kicked in yet. It will be about a week or so. We have 16 days give or take till it kicks in. The stake rate is 5%, but I believe that with this being POSv 2.0 there is code for it to split the 5% of the total money supply among those actively staking, if I am correct, that means that if 50% of the coins are actively staking then the effective rate for those coins would be 10%, this is a decent incentive to get the coins off the exchanges and actively staking. I looked through the code and I think I found the relevant chunk of data but I am not a code monkey, if someone who understands source better than I could look through it and confirm, that would be awesome. It would be very nice if we can get this confirmed... It would be very nice to have confirmation, though my reasoning for it being in there is pretty solid. Laudney, the creator of POSv and one of the creators of reddcoin, said that POSV2 would include this code as well as other enhancements, with potcoin having posted that they implemented POSV2.0, I am fairly certain that it is indeed a part of the code. As I already said, if a friendly code monkey could look through the source and confirm that it is indeed there, or not, I will buy you a redbull or maybe even a 4pack Given that the difference is so significant, I can't understand why the devs have not chimed in here to dispel all doubts... They likely don't know what all is in POSv 2.0 as they didn't create it. This is likely the reason it took them so long to get it integrated with the existing code, the dev that designed it did so in a way to make it difficult to just copy/pasta and get it working. |
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rdyoung
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Activity: 994
Merit: 1000
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August 06, 2015, 03:41:23 PM |
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Here is something I haven't seen before. Followed the upgrade instructions by deleting everything except for my wallet.dat file and letting it resync (still syncing). I noticed that the wallet now has a new address that did not belong to me before. My other addresses are gone. All my transactions are there and I am not missing any coins. I tried using a backup of my wallet file and my old addresses are there. New address (valid?): https://chainz.cryptoid.info/pot/search.dws?q=PXh1tH3pxVkvNLcSxA4nrZnF7bHHaLkdRdAny idea? Did my wallet file somehow get corrupt? Where did this new address come from and what happened to my other addresses? I am guessing I will need to revert to the backup wallet file. Any address for any coin will not be seen as a "valid" and existing address until it has at least 1 input. Your wallet may have become corrupted, you should have no issue falling back to a backup, you can also export the keys from the backup and import them to a new wallet. |
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CartmanSPC
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Activity: 1270
Merit: 1000
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August 07, 2015, 04:13:38 AM
Last edit: August 07, 2015, 04:25:57 AM by CartmanSPC |
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Here is something I haven't seen before. Followed the upgrade instructions by deleting everything except for my wallet.dat file and letting it resync (still syncing). I noticed that the wallet now has a new address that did not belong to me before. My other addresses are gone. All my transactions are there and I am not missing any coins. I tried using a backup of my wallet file and my old addresses are there. New address (valid?): https://chainz.cryptoid.info/pot/search.dws?q=PXh1tH3pxVkvNLcSxA4nrZnF7bHHaLkdRdAny idea? Did my wallet file somehow get corrupt? Where did this new address come from and what happened to my other addresses? I am guessing I will need to revert to the backup wallet file. Any address for any coin will not be seen as a "valid" and existing address until it has at least 1 input. Your wallet may have become corrupted, you should have no issue falling back to a backup, you can also export the keys from the backup and import them to a new wallet. Well, I'm now all synced up and my old wallet addresses are still not there.  Tried running -salvagewallet and now my list of Receive addresses is completely empty. Edit: Sent 1 POT to a missing address and it showed up!  Edit2: Strange...been mining on p2pool and receiving payments but that did not cause the missing address to show up. Probably because blocks mined on p2pool are "generated" not send/received. |
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CartmanSPC
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Activity: 1270
Merit: 1000
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August 07, 2015, 04:32:32 AM |
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Anyone know how to kick off a peer connection from the daemon? I have one connection (162.243.5.214) that is still on 0.8.6.4. Edit: potcoind addnode 162.243.5.214 remove? Gives me an error  In my quest to figure out why I was missing some receive addresses I stumbled upon something that answers one of my previous questions: "How do you keep your wallet/daemon from connecting to older version" I noticed that older clients had a ban score of 10 and then discovered the banscore commandline switch. If you don't want to connect to older versions add banscore=5 to your conf file or alternatively launch potcoin with -banscore=5. No more connections to previous versions |
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AikaPool
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August 07, 2015, 09:44:47 AM |
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why the block reward was reduced with 52 to 12 POT?
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dukester99
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August 07, 2015, 11:52:08 AM |
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Is the wallet still fubar? Is there anywhere I can mine this? When is the fix for the wallet? why the block reward was reduced with 52 to 12 POT?
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rdyoung
Legendary
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Activity: 994
Merit: 1000
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August 07, 2015, 12:51:18 PM |
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why the block reward was reduced with 52 to 12 POT?
Thats part of the process to switch from POW to POSv. Block 975000 will be the first block produced by stake instead of POW. |
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rdyoung
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Activity: 994
Merit: 1000
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August 07, 2015, 12:53:48 PM |
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Is the wallet still fubar? Is there anywhere I can mine this? When is the fix for the wallet? why the block reward was reduced with 52 to 12 POT?
The wallet wasn't fubar. The issue was the pools creating their own blockchain and forking the network. The devs fixed it by bringing on enough hashpower to force the network back onto the correct chain but all of that will be moot in a couple of weeks when POW is over and everyone is on POSv, after that the old wallets will fail to work regardless. |
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AikaPool
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August 07, 2015, 03:42:32 PM |
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The wallet of a pool synchronized blocks from a node with the version less than 0.8.7.1, happened FORK! Now REINDEX is again started!  Why it is impossible to make so that the wallet didn't use a nodes with the version less than at it? |
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vegasguy
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Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
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August 07, 2015, 04:18:54 PM |
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Ok so I have a few thousand pot coins, and I have been stacking them for a few months. I have the 8.7.1 wallet, and Ive left it unlocked for a few days and no stake rewards. Ive even rescyned from scratch and still nothing. Can someone explain? Is it because Im using old nodes?
Vegas
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I want to make sure everyone knows that I just released my software called "Yobit pump alert". THis is custom software that uses an algo to detect the start of a pump here on yobit, the second it starts. YOu can even filter the coins you see by price. Most pumps start less than 100 sats , so you can easily filter the cheap coins, so they are the only ones displayed  https://bitcointalk.org/index.php?topic=1945937.msg20241953#msg20241953 |
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rdyoung
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Activity: 994
Merit: 1000
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August 07, 2015, 05:53:08 PM |
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Ok so I have a few thousand pot coins, and I have been stacking them for a few months. I have the 8.7.1 wallet, and Ive left it unlocked for a few days and no stake rewards. Ive even rescyned from scratch and still nothing. Can someone explain? Is it because Im using old nodes?
Vegas
You won't start actively staking until the network officially switches to POSv, that will happen at block 975k. The network is still POW, the transition hasn't happened yet. |
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CartmanSPC
Legendary
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Activity: 1270
Merit: 1000
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August 07, 2015, 06:04:58 PM |
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Is the wallet still fubar? Is there anywhere I can mine this? When is the fix for the wallet? why the block reward was reduced with 52 to 12 POT?
The wallet wasn't fubar. The issue was the pools creating their own blockchain and forking the network. The devs fixed it by bringing on enough hashpower to force the network back onto the correct chain but all of that will be moot in a couple of weeks when POW is over and everyone is on POSv, after that the old wallets will fail to work regardless. xpool.net is a good place to mine...although I am bias it has been on the right chain. I have been keeping an eye on it. |
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CartmanSPC
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Activity: 1270
Merit: 1000
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August 07, 2015, 06:06:19 PM |
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The wallet of a pool synchronized blocks from a node with the version less than 0.8.7.1, happened FORK! Now REINDEX is again started! Why it is impossible to make so that the wallet didn't use a nodes with the version less than at it? I posted that info a few posts up....guess no one reads my stuff   banscore=5 ..will keep you from connecting to older versions. |
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rdyoung
Legendary
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Activity: 994
Merit: 1000
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August 07, 2015, 06:10:20 PM |
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The wallet of a pool synchronized blocks from a node with the version less than 0.8.7.1, happened FORK! Now REINDEX is again started! Why it is impossible to make so that the wallet didn't use a nodes with the version less than at it? I posted that info a few posts up....guess no one reads my stuff banscore=5 ..will keep you from connecting to older versions. Someone needs to tell the exchanges this. They have all been offline for days now, its getting a bit ridiculous. I will however be looking to profit from the dump of coins when they come back |
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