[ANN] TeaCoin [TEA] -@Bittrex - Fast - 0 Premine - 2.5% inflation

[Hobbyist]

Hi guys,

I haven't been around much as my wife is still angry for putting so much fiat into crypto that we cannot even drink.  She would have been happier with Winecoin if there were such a thing.

Anyway, I am running the Mac wallet vresion 0.8.99.7.  I haven't fired it up in ages and it's not updating.  I see talk of active nodes.  Are these live?

Can you please tell me how to add them?

I own quite a few coins and would love to discuss what we could do with them that would be cool.

Thanks in advance for your help.

Kong

Hi Kong,  Welcome back

I've been looking for the Mac version,  Could you put up a link for download?

As for nodes,  The pools page has some information at https://hobbyistpool.ddns.net/tea/ and also has a link for a bootstrap.dat.

Code:

addnode=76.95.178.229:7921
addnode=203.20.114.252:7921
addnode=104.183.139.17:7921

[vthfvuuj]

thank dev, addnode is working in my pc

[piebeyb]

TeaCoin Added to TradeSatoshi

https://www.tradesatoshi.com/Exchange?market=TEA_BTC
https://www.tradesatoshi.com/Exchange?market=TEA_DOGE
https://www.tradesatoshi.com/Exchange?market=TEA_LTC

https://www.tradesatoshi.com/Faucet

very little support to buy, it is good news to get the trading site of your site, I hope it helps other people make money there

[Hobbyist]

Not many TEA for sale on TS. Only 1.3 million are up for grabs.

I wonder how many TEA were lost on the previous exchanges and those who deleted their wallets.

Some buy support at 1 sat on the BTC market and it's been up to 4 sat.

I still would like to see a Dev polish/update TeaCoin. 

[GrinZ]

TEA added to cryptoguru.tk
http://cryptoguru.tk/CurrencyInfo/index.php?Currency=TEA

[four3200]

i like T

[Hobbyist]

It's cheap enough...  Let's get some activity.

[almightyruler]

Been off mining TEA for a few weeks, just noticed the diff is way up compared to when I last mined. Still tiny compared to something like BTC, but roughly a 50 times increase in difficulty when compared to the level from a month ago. Who's mining this now? Not sure if I should bother to switch on my little 0.3GH/s miner. 

[Hobbyist]

Yes,  The pool was hit by a massive increase in hash.  Seems there is some attention being payed to Tea.  My node was overwhelmed, finding blocks so quickly.  Expect some maintenance downtime in the near future.

The markets on TradeSatoshi have some activity as well.  I see Tea has a high of 5 sat yesterday and more activity lately.

[almightyruler]

My poor old TEA wallet is about ready to burst at the seams. It's 350MB in size and seems to have stopped working completely. It gets stuck trying to send 100 TEA. Running -salvagewallet found 1401081 privkeys (!) which I guess means I've mined about 28% of the blocks in the chain (but, unfortunately, not 28% of the coin supply...  )

[Hobbyist]

I found similar issues with the pools wallets.  When they grow too large, many problems with the coind/memory consumption . A 350MB wallet beats my record.  My largest was about 200MB and I try to rotate them at about 80-100 MB.

I also found a single transaction can quickly grow too large due to the large number of inputs (if the inputs are low in value).  Given the current block reward, this can be reached by a less than 1000 Tea transaction if the inputs are all 1 tea each.  Not a problem with only TeaCoin.  We need to roll up the small amounts into larger ones.  All these transactions add to the wallet size on disk.

Hopefully you can recover those TEA.

[almightyruler]

I usually redo my TEA wallet when I notice the client getting lethargic, but it looks like I left this one a bit too long.

I was able to create some transactions but in the middle of a sequence of sends it froze and hasn't worked since: any RPC command which accesses the wallet, like a send, or list of transactions, or a wallet dump, just hangs and never responds. Trying -rescan, -salvagewallet etc doesn't change this. I was hoping to be able to dump out the wallet then progressively import the keys into different wallets, but given RPC doesn't even respond that looks unlikely. I'll probably have to fiddle with manually recovering keys from the raw database file.

Transaction size/complexity (when my client works!) is also an issue. I've found that with numerous 1 TEA inputs in my wallet sometimes the client will even choke on sending 700 - 800 TEA. I've tried consolidating by sending back to my own address, but it's somewhat pointless because after a few confirms the client starts reusing the larger inputs from the very same consolidation transactions it created only minutes prior. Really need a way to cleanly consolidate unspent outputs by ignoring recently received transactions. And maybe a way to auto-consolidate when there's too many small unspent outputs.

[Hobbyist]

Correct,  I've seen the same in regards to input selection.  I've found the use of paperwallets useful for consolidating coins.  I'll send 100-300 tea per transaction to a paperwallet, When my hot wallet is depleted, I'll create a new hot wallet and import the paperwallets private key.

I host a tea paperwallet generator at https://hobbyistpool.ddns.net/paperwallet/?currency=Teacoin

[almightyruler]

Blockchain abruptly stopped moving around 2.5 hours ago. Looks like the pool is down, so I guess that was the only TEA client adding blocks to the chain?

I have my little Biterupter miner going but since diff is so high it's not finding anything. Not even sure I have it configured properly...

[Hobbyist]

Pool back online,  chain moving again.  Diff dropped, you should now be able to find a block or two.

 

[almightyruler]

Less than 9k blocks to go until the blockchain size reaches 5 million blocks.

[Hobbyist]

Less than 9k blocks to go until the blockchain size reaches 5 million blocks.

We should have a party.

[almightyruler]

Finally managed to recover most of my funds, by restoring from backup, exporting the wallet, splitting the export into several files, importing each to empty wallets, then consolidating to a single cold wallet address. A convoluted process, and in reality the TEA I recovered isn't worth that much, but it does mean that several hundred thousand unspent outputs have now been consolidated into only a few thousand, which is good for everyone.

I've looked at some of my older wallets and I reckon that in total I've minted around half of those 5 million blocks... all with only a 1 TEA reward, of course. 

There is some issue with the client collecting multiple inputs when generating transactions. I found that if I sent 500 or 600 TEA at a time (1 TEA coinbase inputs), transactions would work at first, but after maybe 10 or 20 sends the client would become unresponsive to any further commands which needed the wallet - even after a restart. No disk thrashing or high CPU, just... nothing. The only solution was to delete the wallet then reimport the data, which does cause a small loss (change address privkeys are stuck in the frozen wallet). I subsequently found that sending only 100 TEA at a time did not cause this problem, and the client completed several hundred transactions in sequence without any issue. I don't know if this is a bug in the client, or some sort of resource deadlock issue with the database library.

Moving forward, I wonder if we could revamp TEA by forking source off a more modern/better maintained scrypt PoW only coin, so that it's less resource hungry? I could probably do the daemon, which is what exchanges use, but the GUI QT version is going to be a bit more complex. It may be possible to go the other way, by maintaining the existing TEA code, and backporting (obvious) bugfixes from other coins.

[Hobbyist]

Finally managed to recover most of my funds, by restoring from backup, exporting the wallet, splitting the export into several files, importing each to empty wallets, then consolidating to a single cold wallet address. A convoluted process, and in reality the TEA I recovered isn't worth that much, but it does mean that several hundred thousand unspent outputs have now been consolidated into only a few thousand, which is good for everyone.

I've looked at some of my older wallets and I reckon that in total I've minted around half of those 5 million blocks... all with only a 1 TEA reward, of course. 

There is some issue with the client collecting multiple inputs when generating transactions. I found that if I sent 500 or 600 TEA at a time (1 TEA coinbase inputs), transactions would work at first, but after maybe 10 or 20 sends the client would become unresponsive to any further commands which needed the wallet - even after a restart. No disk thrashing or high CPU, just... nothing. The only solution was to delete the wallet then reimport the data, which does cause a small loss (change address privkeys are stuck in the frozen wallet). I subsequently found that sending only 100 TEA at a time did not cause this problem, and the client completed several hundred transactions in sequence without any issue. I don't know if this is a bug in the client, or some sort of resource deadlock issue with the database library.

Moving forward, I wonder if we could revamp TEA by forking source off a more modern/better maintained scrypt PoW only coin, so that it's less resource hungry? I could probably do the daemon, which is what exchanges use, but the GUI QT version is going to be a bit more complex. It may be possible to go the other way, by maintaining the existing TEA code, and backporting (obvious) bugfixes from other coins.

I'm all for any development you wish to do to TEA.  It's in need of a update. 

[Hobbyist]

Well guys,  I've been playing with the TEA code and forked it over to https://github.com/Hobbyistpool/teacoin

I've applied the updates to bring it from version 0.8.99.9 to version 0.8.99.18.

I'll look to bring it to V0.9 and maybe V0.11.

If anyone wants to attempt the Windows/Mac builds,  Your welcome to try.  I've successfully compiled on Ubuntu.