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Author Topic: [POT]PotCoin - Banking for the Legal Cannabis Industry ✦ ✦ ✦Grow With Us ✦ ✦ ✦  (Read 920055 times)
rdyoung
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August 31, 2015, 10:35:44 PM
 #5221

Is it supposes to say (n/a) on transactions sending coins to and from yourself in same wallet?

on most coins, or it will say payment to yourself on other coins. but all them that I've seen the amount will be just the transaction fee



I spent all night sending my coins to new wallet... lol 10000 split into 50-400 coin chunks making sure each transaction was on a diff block, ha took forever


I just generated another 20+ addresses, about to start sending coins to those as well Smiley. Gonna go slow and watch the system resources, I am also planning on using the daemon to stake once I get the addresses funded. With any luck between us we can kick the network in the ass. You really should have split those coins onto different addresses, if more than 1 block is eligible to stake it will eventually combine them back into one chunk and undo all your time spent.

Edit: I think I will stick to the 50 addresses I have. Every few hours I will send fresh chunks of coins to them, maybe I will get lucky and it won't combine them right away.

That is correct. If you want to stake blocks on a regular basis, you need to split those payments to different potcoin addresses. They can all sit on the same wallet though. So best practice would be to generate a bunch of potcoin addresses, backup your wallet after you're done generating those addresses, start sending chunks of potcoins at regular intervals to different potcoin address each time. Over time, it should make your wallet stake regularly.

yup you guys are right, it's already starting to clump them together. lol starting over

With the network as slow as it is, I am sorry to say that the only method that will get the network moving without clumping is the multiple addresses. I am and will keep poking the devs, maybe we can get them to release an updated wallet that handles this once and for all. I am a bit bothered by the seeming lack of interest or care in the speed and efficiency of the network, it is also quite obvious that still have no firm grip or understanding of how POS coins work. The fact that the stake rate is governed by the speed of the block chain, if its too slow your earnings are way lower than they should be.

Of course the law of averages will make up for the now 800+ blocks a day we are short and with it the earnings that should have happened, but the longer the coin is this slow with no word from the devs on fixing it, the worse the coin looks and the harder it will be to sell it to people when the network is working properly.
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August 31, 2015, 10:43:58 PM
 #5222

Is it supposes to say (n/a) on transactions sending coins to and from yourself in same wallet?

on most coins, or it will say payment to yourself on other coins. but all them that I've seen the amount will be just the transaction fee



I spent all night sending my coins to new wallet... lol 10000 split into 50-400 coin chunks making sure each transaction was on a diff block, ha took forever


I just generated another 20+ addresses, about to start sending coins to those as well Smiley. Gonna go slow and watch the system resources, I am also planning on using the daemon to stake once I get the addresses funded. With any luck between us we can kick the network in the ass. You really should have split those coins onto different addresses, if more than 1 block is eligible to stake it will eventually combine them back into one chunk and undo all your time spent.

Edit: I think I will stick to the 50 addresses I have. Every few hours I will send fresh chunks of coins to them, maybe I will get lucky and it won't combine them right away.

That is correct. If you want to stake blocks on a regular basis, you need to split those payments to different potcoin addresses. They can all sit on the same wallet though. So best practice would be to generate a bunch of potcoin addresses, backup your wallet after you're done generating those addresses, start sending chunks of potcoins at regular intervals to different potcoin address each time. Over time, it should make your wallet stake regularly.

yup you guys are right, it's already starting to clump them together. lol starting over

With the network as slow as it is, I am sorry to say that the only method that will get the network moving without clumping is the multiple addresses. I am and will keep poking the devs, maybe we can get them to release an updated wallet that handles this once and for all. I am a bit bothered by the seeming lack of interest or care in the speed and efficiency of the network, it is also quite obvious that still have no firm grip or understanding of how POS coins work. The fact that the stake rate is governed by the speed of the block chain, if its too slow your earnings are way lower than they should be.

Of course the law of averages will make up for the now 800+ blocks a day we are short and with it the earnings that should have happened, but the longer the coin is this slow with no word from the devs on fixing it, the worse the coin looks and the harder it will be to sell it to people when the network is working properly.

Well, today I got a couple of thousand coins at the exchange, and Ill be moving them to some empty wallets. Hope it helps a little.


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fonzerrellie
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August 31, 2015, 10:51:08 PM
 #5223

thats cool about polo and bluetrade I'll have to see if I can grab some more too.

lol I just made 40 addresses in a new wallet Grin

#Expanse $EXP 500 transactions 4 .1 EXP 1st Clone of ETH 
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rdyoung
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August 31, 2015, 11:26:26 PM
 #5224

thats cool about polo and bluetrade I'll have to see if I can grab some more too.

lol I just made 40 addresses in a new wallet Grin

So between us we have added 90'ish new blocks vying for stake. All we need is a few more doing the same and the network will start to rock and roll like it should.
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September 01, 2015, 02:05:15 AM
 #5225

thats cool about polo and bluetrade I'll have to see if I can grab some more too.

lol I just made 40 addresses in a new wallet Grin

So between us we have added 90'ish new blocks vying for stake. All we need is a few more doing the same and the network will start to rock and roll like it should.

i have 15 or so to...
rdyoung
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September 01, 2015, 04:54:05 AM
 #5226

thats cool about polo and bluetrade I'll have to see if I can grab some more too.

lol I just made 40 addresses in a new wallet Grin

So between us we have added 90'ish new blocks vying for stake. All we need is a few more doing the same and the network will start to rock and roll like it should.

i have 15 or so to...
Make that 105ish blocks between us. For us to push the network along ourselves, we need another 600 or so, if we include the active addresses staking, we only need another 100 or so to get us where we need to be.
Rumhurius
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Here we go again


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September 01, 2015, 02:18:00 PM
 #5227

like i said before...
A max stake blockreward and blacklisting wrong clients and hardcoded walletnodes would  help the network a lot.
Feels still shitty somehow here.

rdyoung
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September 01, 2015, 02:28:37 PM
 #5228

like i said before...
A max stake blockreward and blacklisting wrong clients and hardcoded walletnodes would  help the network a lot.
Feels still shitty somehow here.

The way POSv is designed, a max subsidy would go against the grain. What is needed is for them to drop the split threshold, that is the only thing hurting us now, aside from cryp+bitt not bringing their wallets online. The network is large enough now, I believe that we shouldn't have any issues with older clients. I do agree that potlabs should be operating node1.potcoin.com, node2.potcoin.com, etc all on separate IPs, it would cost them at most 5$/month through a service like vultr to have a node that is up and running 247 to get people synced up.
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September 01, 2015, 02:37:23 PM
 #5229

An update from our side folks.  We ran into a bug with the wallet that we're working with the dev team on right now.  We'll reopen as soon as we understand it.

Thanks,
Richie

Is it fixed now? Thank you
Rumhurius
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September 01, 2015, 02:43:16 PM
 #5230

like i said before...
A max stake blockreward and blacklisting wrong clients and hardcoded walletnodes would  help the network a lot.
Feels still shitty somehow here.

The way POSv is designed, a max subsidy would go against the grain. What is needed is for them to drop the split threshold, that is the only thing hurting us now, aside from cryp+bitt not bringing their wallets online. The network is large enough now, I believe that we shouldn't have any issues with older clients. I do agree that potlabs should be operating node1.potcoin.com, node2.potcoin.com, etc all on separate IPs, it would cost them at most 5$/month through a service like vultr to have a node that is up and running 247 to get people synced up.

does it autosplit after staking at all ?
Its allways the same fat 200k block that stakes here.

rdyoung
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September 01, 2015, 03:30:31 PM
Last edit: September 01, 2015, 03:41:50 PM by rdyoung
 #5231

like i said before...
A max stake blockreward and blacklisting wrong clients and hardcoded walletnodes would  help the network a lot.
Feels still shitty somehow here.

The way POSv is designed, a max subsidy would go against the grain. What is needed is for them to drop the split threshold, that is the only thing hurting us now, aside from cryp+bitt not bringing their wallets online. The network is large enough now, I believe that we shouldn't have any issues with older clients. I do agree that potlabs should be operating node1.potcoin.com, node2.potcoin.com, etc all on separate IPs, it would cost them at most 5$/month through a service like vultr to have a node that is up and running 247 to get people synced up.

does it autosplit after staking at all ?
Its allways the same fat 200k block that stakes here.

That is why they need to reduce the split threshold. POSv and POSv2.0 were created by one of the devs behind reddcoin for reddcoin, RDD has 21billion or so coins in circulation so a 2million split threshold works for it, the potcoin devs didn't realize they need to change it to fit the money supply for pot. It needs to be reduced to somewhere between 5 and 20k.
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September 01, 2015, 04:34:43 PM
 #5232

thats cool about polo and bluetrade I'll have to see if I can grab some more too.

lol I just made 40 addresses in a new wallet Grin

So between us we have added 90'ish new blocks vying for stake. All we need is a few more doing the same and the network will start to rock and roll like it should.

i have 15 or so to...
Make that 105ish blocks between us. For us to push the network along ourselves, we need another 600 or so, if we include the active addresses staking, we only need another 100 or so to get us where we need to be.

should transfers be done between the same old addresses or create new ones daily?
rdyoung
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September 01, 2015, 05:06:24 PM
 #5233

thats cool about polo and bluetrade I'll have to see if I can grab some more too.

lol I just made 40 addresses in a new wallet Grin

So between us we have added 90'ish new blocks vying for stake. All we need is a few more doing the same and the network will start to rock and roll like it should.

i have 15 or so to...
Make that 105ish blocks between us. For us to push the network along ourselves, we need another 600 or so, if we include the active addresses staking, we only need another 100 or so to get us where we need to be.

should transfers be done between the same old addresses or create new ones daily?

I am going to try differing amounts of coin in the same addresses I already have setup, maybe if I do much much smaller or larger the coin age and weight will be off by enough to not combine them.
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September 01, 2015, 05:08:51 PM
 #5234

if an address gets (changed) can the original address be used again?
rdyoung
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September 01, 2015, 05:29:19 PM
 #5235

if an address gets (changed) can the original address be used again?

Yep, addresses are infinitely reusable. You can also enable coin control and set a custom "change" address and have the funds sent back to the address from whence they came.
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September 01, 2015, 05:46:58 PM
 #5236

so if you have a custom change address, every address you have that gets changed the balance will just be added to the custom#?
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September 01, 2015, 06:07:08 PM
 #5237

I got the 40 addy's filled last night, and have already found over 30 blocks today so far (11 am) and computer resources haven't gone up much at all 

and someone bought some off me on cryptsy so I'll check the other 2 exchanges (who have working wallets) and gets some more deposits happening tonight

#Expanse $EXP 500 transactions 4 .1 EXP 1st Clone of ETH 
WAVES
rdyoung
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September 01, 2015, 06:16:52 PM
 #5238

I got the 40 addy's filled last night, and have already found over 30 blocks today so far (11 am) and computer resources haven't gone up much at all 

and someone bought some off me on cryptsy so I'll check the other 2 exchanges (who have working wallets) and gets some more deposits happening tonight

Seeing the same thing on the resources. Decided to go "balls to the wall", just created over 100 new addresses, I am in the process of filling them all with 50 each to start.
I am deciding on exactly how many I want to create and fund Smiley
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Here we go again


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September 01, 2015, 06:30:55 PM
 #5239

simply use coin control  and send 5- 20k coin blocks to your own wallet.

Should help a lot.

thats what i did.

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September 01, 2015, 06:32:36 PM
 #5240

I got the 40 addy's filled last night, and have already found over 30 blocks today so far (11 am) and computer resources haven't gone up much at all  

and someone bought some off me on cryptsy so I'll check the other 2 exchanges (who have working wallets) and gets some more deposits happening tonight

26 blocks and counting..
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