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Author Topic: [ANN] ★★ EBT Coin - Entropybit 100% PoS - Multipool - Bugfix version 4.0.3! ★★  (Read 131610 times)
juve4v
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May 02, 2014, 08:57:55 AM
 #1221

What's with the huge and I do mean HUGE amount of orphans?

Where?

In ebt.poolto.be it is the normal amount.

I mined for +12 h there no rewards credited although blocks were found
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May 02, 2014, 09:05:40 AM
 #1222

What's with the huge and I do mean HUGE amount of orphans?

Where?

In ebt.poolto.be it is the normal amount.

I mined for +12 h there no rewards credited although blocks were found

Sounds like a problem with the pool and not with orphans.

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May 02, 2014, 07:30:44 PM
 #1223

What's with the huge and I do mean HUGE amount of orphans?

Please give details.


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May 02, 2014, 08:16:56 PM
 #1224

What's with the huge and I do mean HUGE amount of orphans?

Please give details.


ebt.argakiig.us


Thank you for the details. We have contacted this pool operator. This seems to be a problem with this particular pool.

Please recognize that Proof of Work (PoW) mining efficiency will go down as more blocks are found by Proof Of Stake (PoS). So don't be surprised to have more difficulty finding blocks by PoW, even when the nominal difficulty is low. For example, the nominal PoW difficulty right now is 0.293. However, the difficulty realized by PoW miners is approximately 0.9, due to competition from PoS, which is responsible for 21 of the last 30 blocks (at 274729). No preference is given to PoS minting relative to PoW mining, but over time, the amount of eligible stake will go up, resulting in a greatly increased competition from PoS minters.

It is getting near the point in EBT's life cycle that creating new coins is probably easiest done by buying EBT from an exchange and letting it stake to mint transactions. That minting becomes more efficient relative to mining over time is a designed property of PoW/PoS coins like EBT.
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May 02, 2014, 08:41:21 PM
 #1225

What's with the huge and I do mean HUGE amount of orphans?

Please give details.


ebt.argakiig.us


Thank you for the details. We have contacted this pool operator. This seems to be a problem with this particular pool.

Please recognize that Proof of Work (PoW) mining efficiency will go down as more blocks are found by Proof Of Stake (PoS). So don't be surprised to have more difficulty finding blocks by PoW, even when the nominal difficulty is low. For example, the nominal PoW difficulty right now is 0.293. However, the difficulty realized by PoW miners is approximately 0.9, due to competition from PoS, which is responsible for 21 of the last 30 blocks (at 274729). No preference is given to PoS minting relative to PoW mining, but over time, the amount of eligible stake will go up, resulting in a greatly increased competition from PoS minters.

It is getting near the point in EBT's life cycle that creating new coins is probably easiest done by buying EBT from an exchange and letting it stake to mint transactions. That minting becomes more efficient relative to mining over time is a designed property of PoW/PoS coins like EBT.

That makes sense.  Thank you.
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May 03, 2014, 03:25:46 AM
 #1226

What's with the huge and I do mean HUGE amount of orphans?

Please give details.


ebt.argakiig.us


Thank you for the details. We have contacted this pool operator. This seems to be a problem with this particular pool.

Please recognize that Proof of Work (PoW) mining efficiency will go down as more blocks are found by Proof Of Stake (PoS). So don't be surprised to have more difficulty finding blocks by PoW, even when the nominal difficulty is low. For example, the nominal PoW difficulty right now is 0.293. However, the difficulty realized by PoW miners is approximately 0.9, due to competition from PoS, which is responsible for 21 of the last 30 blocks (at 274729). No preference is given to PoS minting relative to PoW mining, but over time, the amount of eligible stake will go up, resulting in a greatly increased competition from PoS minters.

It is getting near the point in EBT's life cycle that creating new coins is probably easiest done by buying EBT from an exchange and letting it stake to mint transactions. That minting becomes more efficient relative to mining over time is a designed property of PoW/PoS coins like EBT.

That makes sense.  Thank you.

Carful examination of the pool reveals that it is functioning as expected. Pos blocks will quite often orphan pow blocks due to increasing PoS mining capacity on the network.

Thank you for your continued support of my pool



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[15.00000000 BTC]


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Rainbot
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May 03, 2014, 08:56:10 AM
 #1227

Coin control has been implemented and is coming soon!


The coin control preference pane:




Coin control input selection:




Coin control transaction dialog:




A coin control transaction where the change goes to the receiving address.

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May 03, 2014, 11:55:30 AM
 #1228

Very neat!

           ﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
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May 03, 2014, 12:28:14 PM
 #1229


Yes,it is neat.  I have this in a couple wallets.  It works well to get rid of dust.

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May 03, 2014, 12:31:06 PM
 #1230


@Dsync:

Seems like a bit of trouble in the pplns?  I see a lot of zeros on the 'block stats' page.  No large deal, but curious as to when I can see the massive pile of EBT I mined from last night?  Thanks!

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May 03, 2014, 11:32:30 PM
 #1231

@Dsync

Also have not received payout since 5/1/2014 @ 15:10. Any info would be appreciated! Thanks!
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May 04, 2014, 07:41:00 AM
 #1232

Thanks.

coinbasevalue reported by getblocktemplate is still off by 100x

Code:
"coinbasevalue" : 250000000,

According to our programmers, this is not a bug and you are seeing the correct value. 250,000,000 is the coinbase for the current PoW blocks through 300,000.

Here is the relevant code:

util.h
Code:
static const int64 COIN = 1000000;

main.cpp
Code:
        if (nHeight < 2)
            nSubsidy = 2500000 * COIN;
        else if (nHeight < 100000)
            nSubsidy = 1000 * COIN;
        else if (nHeight < 200000)
            nSubsidy = 500 * COIN;
        else if (nHeight < 300000)
            nSubsidy = 250 * COIN;

The EBT COIN definition is only 1,000,000 (compared to BTC's 100,000,000) for a couple of reasons. First, EBT has 250,000,000 total coins by Proof of Work. BTC has roughly 10x fewer total coins. Second, EBT will continue to create coins by Proof of Stake indefinitely. The definition of COIN for EBT takes both factors into account, adjusting the total number of indivisible units of EBT to be comparable to BTC, after approximately 45 years of interest by EBT.
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May 04, 2014, 07:57:24 AM
 #1233


The EBT COIN definition is only 1,000,000 (compared to BTC's 100,000,000) for a couple of reasons. First, EBT has 250,000,000 total coins by Proof of Work. BTC has roughly 10x fewer total coins. Second, EBT will continue to create coins by Proof of Stake indefinitely. The definition of COIN for EBT takes both factors into account, adjusting the total number of indivisible units of EBT to be comparable to BTC, after approximately 45 years of interest by EBT.


This is different than most other coins, so there is not common way to get the block reward with rpc? I have to look in the source code of the wallet for the value of COIN?

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May 04, 2014, 09:04:46 AM
 #1234


The EBT COIN definition is only 1,000,000 (compared to BTC's 100,000,000) for a couple of reasons. First, EBT has 250,000,000 total coins by Proof of Work. BTC has roughly 10x fewer total coins. Second, EBT will continue to create coins by Proof of Stake indefinitely. The definition of COIN for EBT takes both factors into account, adjusting the total number of indivisible units of EBT to be comparable to BTC, after approximately 45 years of interest by EBT.


This is different than most other coins, so there is not common way to get the block reward with rpc? I have to look in the source code of the wallet for the value of COIN?


In principle, you need to know the source code value of COIN for any bitcoin descendent, including EBT and BTC itself. For EBT it will never change without a major announcement, so you can count on its being 1,000,000 for many years.

If it would be helpful, we can add a remote procedure call (RPC) named something like "getcoinbaseincoin" that returns the value of the coinbase for the current block in EBT.

Otherwise, just be aware of EBT's value for COIN.
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May 04, 2014, 09:25:20 AM
 #1235

In principle, you need to know the source code value of COIN for any bitcoin descendent, including EBT and BTC itself. For EBT it will never change without a major announcement, so you can count on its being 1,000,000 for many years.

If it would be helpful, we can add a remote procedure call (RPC) named something like "getcoinbaseincoin" that returns the value of the coinbase for the current block in EBT.

Otherwise, just be aware of EBT's value for COIN.


Thanks for the explaination, lerant something again that I will have to get COIN value from the source code, andthere is no need to add that RPC call.

           ﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆
≈ WORLD POWER PRODUCTION ≈


【 BACKED ASSET GREEN ENERGY TOKEN 】
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May 04, 2014, 06:03:38 PM
Last edit: May 04, 2014, 09:47:07 PM by sellbuy
 #1236

from block 280036 to block 280037 is 26 minutes
all POW mined in that 26 minutes was orphaned, so the issue with lagging POS is still the same after update (or with something else)

same for 280047 to 280048 in 37 minutes

transactions was orphaned too, and then reconfirmed
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May 05, 2014, 05:17:30 AM
 #1237

Seems like some light trading has been going on at EuropeEX.  Still most of the volume is limited to PoloniEX though.

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FTC:  6n56LJKYrdgmsougCCjenLFtpPTcjFQ829
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May 05, 2014, 05:37:13 AM
 #1238

from block 280036 to block 280037 is 26 minutes
all POW mined in that 26 minutes was orphaned, so the issue with lagging POS is still the same after update (or with something else)

same for 280047 to 280048 in 37 minutes

transactions was orphaned too, and then reconfirmed

This behavior looks like the result of normal activity. The mining difficulty seems to periodically drop very low and it looks like miners take advantage of the situation. When that happens, PoS blocks get orphaned, the difficulty goes up, and then block times temporarily get very long.

You can verify by observing short block times in the preceding blocks.

There is nothing we can do to control the miners. However, you'll notice that the long block times are temporary and recover reasonably quickly.
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May 05, 2014, 11:23:50 AM
 #1239


This miner waits 'till the diff drops a bit so he can mine solo... my little 1200 khash rig needs easy...  I find solo mining more enjoyable, for some reason.

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May 05, 2014, 11:30:26 AM
 #1240


*sigh*

Still no word from Dsync.  PPLNS looks broken, goose eggs all the way down the block stats page.  No one answered in IRC yesterday... maybe on vacation?

Ah, well.  I really like the dark UI on argakiig.  Block and day estimates are off by a mile, way high, but that's minor.

CURE DEM DMD GPL HBN HYPER KED POT TEK  THC -   I'm such a PoS
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