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Author Topic: [ANN] Androids Tokens v2.0 [Proof of Stake]  (Read 115785 times)
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ltcjunky43
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March 17, 2014, 01:04:38 AM
 #521

Pools?
zackclark70
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March 17, 2014, 01:29:17 AM
 #522

Pools?

no need for pools as its pretty much stake only Smiley

zackclark70
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March 17, 2014, 01:49:32 AM
 #523

The dedicated staking wallets are starting to be made as we speak

( 250 coins +1 coin tx fee are being sent toAYZ5XVtGUL9poqfcwpNF4HJJEkuodaWAcU every 30s ) 

For this to work 50 mill unclaimed coins were sent to  AYxXTvjEz1qLGVLfYW45wztbB2w46a2bZX to fund the staking wallets

I will be sending 720,000 coins to AMzJpPomLTj1dthtgh3Xe4EanGgrP8KcMe every 24h from AYxXTvjEz1qLGVLfYW45wztbB2w46a2bZX and from there 250 coins + tx fee will be sent to the dedicated staking wallet

there is a chance the sending wallet address will change each day but I wont know until that happens and if it does I will post here the new address   

This will help make the blockchain 100% Proof of Stake sooner and will help keep the average block time under 30s Smiley


The chance of those 50 mill coins being clamed is 0% as I have lost an ADT v1 wallet that had 50 mill coins in it


just posting this so that its 100% transparent !

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March 17, 2014, 02:43:10 AM
 #524

The dedicated staking wallets are starting to be made as we speak

( 250 coins +1 coin tx fee are being sent toAYZ5XVtGUL9poqfcwpNF4HJJEkuodaWAcU every 30s )  

For this to work 50 mill unclaimed coins were sent to  AYxXTvjEz1qLGVLfYW45wztbB2w46a2bZX to fund the staking wallets

I will be sending 720,000 coins to AMzJpPomLTj1dthtgh3Xe4EanGgrP8KcMe every 24h from AYxXTvjEz1qLGVLfYW45wztbB2w46a2bZX and from there 250 coins + tx fee will be sent to the dedicated staking wallet

there is a chance the sending wallet address will change each day but I wont know until that happens and if it does I will post here the new address  

This will help make the blockchain 100% Proof of Stake sooner and will help keep the average block time under 30s Smiley


The chance of those 50 mill coins being clamed is 0% as I have lost an ADT v1 wallet that had 50 mill coins in it


just posting this so that its 100% transparent !


interesting.... didn't know adt2 was going 100% POS  as well.  Thanks for the update anyway zack.

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March 17, 2014, 02:50:18 AM
 #525

The dedicated staking wallets are starting to be made as we speak

( 250 coins +1 coin tx fee are being sent toAYZ5XVtGUL9poqfcwpNF4HJJEkuodaWAcU every 30s )  

For this to work 50 mill unclaimed coins were sent to  AYxXTvjEz1qLGVLfYW45wztbB2w46a2bZX to fund the staking wallets

I will be sending 720,000 coins to AMzJpPomLTj1dthtgh3Xe4EanGgrP8KcMe every 24h from AYxXTvjEz1qLGVLfYW45wztbB2w46a2bZX and from there 250 coins + tx fee will be sent to the dedicated staking wallet

there is a chance the sending wallet address will change each day but I wont know until that happens and if it does I will post here the new address  

This will help make the blockchain 100% Proof of Stake sooner and will help keep the average block time under 30s Smiley


The chance of those 50 mill coins being clamed is 0% as I have lost an ADT v1 wallet that had 50 mill coins in it


just posting this so that its 100% transparent !


interesting.... didn't know adt2 was going 100% POS  as well.  Thanks for the update anyway zack.

All POW/POS hybrid coins will end up being full POS once the stake takes over all I am doing is making the stake wallets to speed the proses up a bit and to make the coin not rely on POW blocks to work

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March 17, 2014, 06:09:49 AM
 #526

Here are some! Smiley........

Thanks. That worked.  Grin
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March 17, 2014, 06:16:45 AM
Last edit: March 17, 2014, 06:52:06 AM by ekztal
 #527

Hello, I'm a little confused about AndroidTokens V2

On Cryptsy https://www.cryptsy.com/markets/view/94 there are people selling millions and millions of AndroidTokensV2 [ADT] but solo mining only nets you 1 POW coin per block and POS is only .05%/15 days?

I'm a little confused if that is correct, or maybe I'm not understanding POW/POS...
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March 17, 2014, 09:39:07 AM
 #528

I've been doing my 5 votes per hour for awhile few hours now. But i have a question regarding stake

0.05% means balance x .0005 correct?

ShareCoin Free and Fair Distribution. Sha9sRtV5ermdZKwxZJPdT1cStK5RGWxGr
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March 17, 2014, 12:13:02 PM
 #529

coinedup.com is a good site, can we add there?
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March 17, 2014, 12:17:26 PM
 #530

Hello, I'm a little confused about AndroidTokens V2

On Cryptsy https://www.cryptsy.com/markets/view/94 there are people selling millions and millions of AndroidTokensV2 [ADT] but solo mining only nets you 1 POW coin per block and POS is only .05%/15 days?

I'm a little confused if that is correct, or maybe I'm not understanding POW/POS...

the mining phase is over it is like blackcoin.... although instead of a few days mining phase adt2 has a few months mining phase.

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March 17, 2014, 01:13:06 PM
 #531

Does anyone know any good website designers the ones that were going to make the new ADT website decided that they are no longer accepting crypto as payment Sad 

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March 17, 2014, 07:40:50 PM
 #532

Hello, I'm a little confused about AndroidTokens V2

On Cryptsy https://www.cryptsy.com/markets/view/94 there are people selling millions and millions of AndroidTokensV2 [ADT] but solo mining only nets you 1 POW coin per block and POS is only .05%/15 days?

I'm a little confused if that is correct, or maybe I'm not understanding POW/POS...

the mining phase is over it is like blackcoin.... although instead of a few days mining phase adt2 has a few months mining phase.

What controls this? GetProofOfWorkReward() in main.cpp seems to assign 1 coin per block indefinitely. No halving or anything. I couldn't find any time based switch to PoS only, although perhaps there's a block count conditional somewhere.

edit: or is ADTv2 "PoS only" (or virtually pointless PoW mining) right from the start? That's why the reward changed from 524288 to 1?
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March 17, 2014, 08:19:12 PM
 #533

virtually pointless PoW mining. stake should just run the chain (we dont really need a block where stake needs to kick in as PoW could act as a backup if PoS was at too high a diff and blocks arent being moved

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almightyruler
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March 17, 2014, 09:37:34 PM
 #534

Hmm... so I guess there's no point mining ADTv2 then. I compiled v1 right around the time the network stalled and have been following events ever since.

I presume we can no longer mine v1?
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March 17, 2014, 09:38:41 PM
 #535

v1 is stake only yes

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zackclark70
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March 17, 2014, 10:51:30 PM
 #536

Hello, I'm a little confused about AndroidTokens V2

On Cryptsy https://www.cryptsy.com/markets/view/94 there are people selling millions and millions of AndroidTokensV2 [ADT] but solo mining only nets you 1 POW coin per block and POS is only .05%/15 days?

I'm a little confused if that is correct, or maybe I'm not understanding POW/POS...

the mining phase is over it is like blackcoin.... although instead of a few days mining phase adt2 has a few months mining phase.

What controls this? GetProofOfWorkReward() in main.cpp seems to assign 1 coin per block indefinitely. No halving or anything. I couldn't find any time based switch to PoS only, although perhaps there's a block count conditional somewhere.

edit: or is ADTv2 "PoS only" (or virtually pointless PoW mining) right from the start? That's why the reward changed from 524288 to 1?

ADT v2 was made to be stake only with POW only as a backup when I get a bin I will put a lot more info in post 1 Smiley

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March 17, 2014, 10:58:23 PM
 #537

v1 is stake only yes

Due to the negative retarget bug? You know it's possible to get a chain stalled by that bug going again, without needing a client update? I've done that with both GRW and CDC recently. Whoever is doing the 1:1 swap may want to check that the coins were minted before a certain date or block #.
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March 17, 2014, 11:40:34 PM
 #538

v1 is stake only yes

Due to the negative retarget bug? You know it's possible to get a chain stalled by that bug going again, without needing a client update? I've done that with both GRW and CDC recently. Whoever is doing the 1:1 swap may want to check that the coins were minted before a certain date or block #.

mullick and a few others had looked at the old blockchain and said that it was partly because an issue with the genises block so we made a new blockchain and have now swapped 62 bill out of 68 bill to the new chain so far

if people stake mine coins on the old chain its not an issue as the coins on the new chain would have staked and made up the difference in coins


The v1 chain is only needed until all the coins are swapped

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March 18, 2014, 02:39:24 AM
 #539

How to decrypt the wallet? does it need to be done in the console?
I think it has to be open longer than a single tx to do the staking process, so yes, go to the console and type

walletpassphrase yourEncryptionPassword timeInSeconds

e.g.

walletpassphrase topSecretPassword12345 3600

to have it open for an hour.
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March 18, 2014, 12:29:31 PM
 #540

How to decrypt the wallet? does it need to be done in the console?
I think it has to be open longer than a single tx to do the staking process, so yes, go to the console and type

walletpassphrase yourEncryptionPassword timeInSeconds

e.g.

walletpassphrase topSecretPassword12345 3600

to have it open for an hour.

Yeah I figured it out! Thanks alot! Smiley
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