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zackclark70
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Activity: 868
Merit: 1000
ADT developer
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March 17, 2014, 01:29:17 AM |
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Pools?
no need for pools as its pretty much stake only
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zackclark70
Legendary
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Activity: 868
Merit: 1000
ADT developer
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March 17, 2014, 01:49:32 AM |
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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 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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cryptohunter
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Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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March 17, 2014, 02:43:10 AM |
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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 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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zackclark70
Legendary
Offline
Activity: 868
Merit: 1000
ADT developer
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March 17, 2014, 02:50:18 AM |
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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 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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cannonfodder
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March 17, 2014, 06:09:49 AM |
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Here are some! ........ Thanks. That worked.
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ekztal
Newbie
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Activity: 3
Merit: 0
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March 17, 2014, 06:16:45 AM Last edit: March 17, 2014, 06:52:06 AM by ekztal |
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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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Peacefrog
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March 17, 2014, 09:39:07 AM |
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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?
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fox19891989
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March 17, 2014, 12:13:02 PM |
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coinedup.com is a good site, can we add there?
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cryptohunter
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Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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March 17, 2014, 12:17:26 PM |
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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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zackclark70
Legendary
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Activity: 868
Merit: 1000
ADT developer
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March 17, 2014, 01:13:06 PM |
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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
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almightyruler
Legendary
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Activity: 2268
Merit: 1092
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March 17, 2014, 07:40:50 PM |
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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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ahmed_bodi
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March 17, 2014, 08:19:12 PM |
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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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Bitrated user: ahmedbodi.
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almightyruler
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Activity: 2268
Merit: 1092
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March 17, 2014, 09:37:34 PM |
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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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ahmed_bodi
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March 17, 2014, 09:38:41 PM |
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v1 is stake only yes
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Bitrated user: ahmedbodi.
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zackclark70
Legendary
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Activity: 868
Merit: 1000
ADT developer
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March 17, 2014, 10:51:30 PM |
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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
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almightyruler
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Activity: 2268
Merit: 1092
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March 17, 2014, 10:58:23 PM |
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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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zackclark70
Legendary
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Activity: 868
Merit: 1000
ADT developer
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March 17, 2014, 11:40:34 PM |
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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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elrapido80
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March 18, 2014, 02:39:24 AM |
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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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n0xn
Member
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Activity: 117
Merit: 10
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March 18, 2014, 12:29:31 PM |
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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!
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