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Author Topic: [BCN] Bytecoin. Secure, private, untraceable since 2012  (Read 1070028 times)
RedAnt
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August 15, 2018, 06:18:28 PM
Last edit: August 15, 2018, 11:41:36 PM by RedAnt
 #7561

Bytecoin Wallet GUI v3.2.3

SYNCHRONIZATION
================================================
Synchronization: 154 blocks left (2 minutes ago)
Wallet synchronized. Top block height: 1594722 / Received: 2 minutes ago.
11:46 h GMT

Synchronization: 126 blocks left (3 minutes ago)
Wallet synchronized. Top block height: 1594751 / Received: 2 minutes ago.
12:36 h GMT

Synchronization: 111 blocks left (4 minutes ago)
Wallet synchronized. Top block height: 1594766 / Received: 3 minutes ago.
13:07 h GMT

Synchronization: 97 blocks left (2 minutes ago)
Wallet synchronized. Top block height: 1594781 / Received: 2 minutes ago.
13:37 h GMT

Synchronization: 95 blocks left (14 minutes ago)
Wallet synchronized. Top block height: 1594784 / Received: 5 minutes ago.
14:01 h GMT

Pause, CCleaner, Smart Defrag, ..., Restart

Synchronization: 43 blocks left (2 minutes ago)
Wallet synchronized. Top block height: 1594842 / Received: 2 minutes ago.
16:10 h GMT

  Note: Wow! From 95-43 blocks in just two seconds. It looks like the Bytecoin network is hard-congested. I have no other explanation.

Synchronization: 6 blocks left (1 minute ago)
Wallet synchronized. Top block height: 1594882 / Received: 1 minute ago.
17:16 h GMT

Synchronization: 1 blocks left (5 minutes ago)
Wallet synchronized. Top block height: 1594887 / Received: 1 minute ago.
17:31 h GMT

Wallet synchronized. Top block height: 1594888 / Received: 1 minute ago.
17:35 h GMT

Synchronization done! Wallet works!


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RedAnt
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August 15, 2018, 06:21:01 PM
Last edit: August 17, 2018, 06:04:08 AM by RedAnt
 #7562

QUESTIONS FOR DEVELOPERS & BCN_official

1. Synchronization starts very fast, then slows down, under 150K blocks is problematic, and under 50K is a disaster. Why use single data.mdb file that now has 24.72 GB? Blockchain data.mdb file can not be larger than 5 GB. All over there is a disaster. Do something.

2. Blockchain data.mdb backup file, complete synchronization is made, synchronization again starts with 150K blocks? It would be expected to start from the last block, before the day, two, a few days ago, but not six months back. That's not normal. Why is that so?

3. Do you test the version before releasing it? If there are problems, let us know. Do we need to know something?

    bytecoin-gui.log

    [Walletd] Builtin state changed: RUNNING -> CRASHED
    [WalletApplication] Daemon finished. Return code: WALLET_FILE_DECRYPT_ERROR (207)
    [JsonRpcClient] Network error. Connection refused
    [Walletd] Remote state changed: CONNECTING -> NETWORK_ERROR
    [Walletd] Remote state changed: NETWORK_ERROR -> CONNECTING

    etc.

4. Why does not offer a download link for blockchain data.mdb file? It should be an essential component in the download section. You do not need to do a backup every day. Do this at least once a month.

Thanks in advance. Regards
RedAnt
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August 15, 2018, 07:27:54 PM
Last edit: August 17, 2018, 06:05:20 AM by RedAnt
 #7563

In brief: After installing and sync/downloading blockchain (painfully slow) - everything is fine. Bytecoin Wallet GUI v3.2.3 works and synchronization is fast.

Where is the problem: The problem is not in the Bytecoin Wallet. The problem is on the Bytecoin Network. (For details, see bytecoin-gui.log). But well it is something that will fix the upcoming hard fork (august 31).

Once again, start syncing after installation. No matter what you see, do not give up. Wait as long as it takes. Be patient and wait for the sync to complete. Wallet works!
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August 16, 2018, 06:00:16 AM
 #7564

In brief: After installing and sync/downloading blockchain (painfully slow) - everything is fine. Bytecoin Wallet GUI v3.2.3 works and synchronization is fast.

Where is the problem: The problem is not in the Bytecoin Wallet. The problem is on the Bytecoin Network. (For details, see bytecoin-gui.log)

Once again, start syncing after installation. No matter what you see, do not give up. Wait as long as it takes. Be patient and wait for the sync to complete. Wallet works!
Everything is Fine but still I am worried BCN 25 Sat. Shall I sell it or keep it? I can't afford more loss..

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August 16, 2018, 06:09:12 AM
 #7565

Wow, great work!

Hope everything will be good!!
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August 16, 2018, 07:21:51 AM
 #7566

Everything is Fine but still I am worried BCN 25 Sat. Shall I sell it or keep it? I can't afford more loss..


All coins are now on knees.

Bytecoin quickly loses value among the altcoins. But Bytecoin always recovers faster than others, too.

Keep it. Be patient.

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August 16, 2018, 12:03:29 PM
 #7567

Everything is Fine but still I am worried BCN 25 Sat. Shall I sell it or keep it? I can't afford more loss..


All coins are now on knees.

Bytecoin quickly loses value among the altcoins. But Bytecoin always recovers faster than others, too.

Keep it. Be patient.



Thanks for your valuable Advice.

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August 16, 2018, 09:46:07 PM
 #7568

Are you thinking about buying some Bytecoin, but not sure if now is the right time?

During the first three years of trading, the BCN coin saw practically no interest at all. In fact, daily trading volumes were just a few thousand dollars. Then, in May 2017, after almost 12 months of no communication from the team, Bytecoin suddenly announced that they were working hard on making their goals a reality.

This resulted in a massive price spike, where the price went from $0.0002 to $0.0048 in less than 2 weeks of trading. Although these numbers don’t sound like a lot, it actually indicates an increase of 2,300%! This shows us that even a small update like the above can cause a massive Bytecoin price increase!

Bigger news came in May 2018, where major cryptocurrency exchange Binance announced that it was going to start listing Bytecoin. This is actually really good news as Binance are responsible for close to $2 billion in daily trading volume. In just the first few hours after the Binance announcement, its price increased by almost 166%, only for the network to break down because it couldn’t handle the volume! Many people believe that this could have been Bytecoin’s big chance to make some real gains, however its technology let it down.

As a result, the first big stage of 2018 will see Bytecoin perform a hard fork, which is planned for the end of August. A hard fork is when the code of a blockchain is copied but changes are made to improve it. According to the Bytecoin team, this will make the network more secure and stable.

If everything is a success, then this could result in a great increase in price.
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August 16, 2018, 10:16:21 PM
 #7569

Hello, tell me please, when will the new roadmap be shown? And in general, will it be shown?

Hello! you can find the blog information about the roadmap here: https://bytecoin.org/news/the-updated-bytecoin-development-roadmap


Thank you for posting this update, I am new to Bytecoin and I am trying to understand the features and obviously the future of this coin.
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August 17, 2018, 07:54:32 AM
 #7570

QUESTIONS FOR DEVELOPERS & BCN_official

1. Synchronization starts very fast, then slows down, under 150K blocks is problematic, and under 50K is a disaster. Why use single data.mdb file that now has 24.72 GB? Blockchain data.mdb file can not be larger than 5 GB. All over there is a disaster. Do something.

2. Blockchain data.mdb backup file, complete synchronization is made, synchronization again starts with 150K blocks? It would be expected to start from the last block, before the day, two, a few days ago, but not six months back. That's not normal. Why is that so?

3. Do you test the version before releasing it? If there are problems, let us know. Do we need to know something?

    bytecoin-gui.log

    [Walletd] Builtin state changed: RUNNING -> CRASHED
    [WalletApplication] Daemon finished. Return code: WALLET_FILE_DECRYPT_ERROR (207)
    [JsonRpcClient] Network error. Connection refused
    [Walletd] Remote state changed: CONNECTING -> NETWORK_ERROR
    [Walletd] Remote state changed: NETWORK_ERROR -> CONNECTING

    etc.

4. Why does not offer a download link for blockchain data.mdb file? It should be an essential component in the download section. You do not need to do a backup every day. Do this at least once a month.

Thanks in advance. Regards


QUESTIONS FOR DEVELOPERS & BCN_official

1. Is it possible that we have sync problems because the IP addresses for the synchronization are attacked/congested? Can you check it out?

- Every service can be DDoSed if you know the IP-addresses. What makes it difficult is that Bytecoin network is decentralized, which means there are multiple nodes sharing the information between each other, so there is no central point which you can attack.

In addition, DDoS attack is an expensive thing. If you have the money to do it, there are many more interesting things that you can do with them Smiley

2. Synchronization starts very fast, then slows down, under 150K blocks is problematic, and under 50K is a disaster. Why use single data.mdb file that now has 24.72 GB? Blockchain data.mdb file can not be larger than 5 GB. All over there is a disaster. Do something.

- That is a good guess from your side. Actually, this phenomenon is related to an object called keyimage. When Bytecoin downloads blocks into the blockchain file, it also checks them for compliance to consensus rules. It involves reading a database of keyimages, which grows proportionally to the size of the blockchain. The larger the database of blocks, the more time you need to search it for the necessary value. This is why the blockchain sync slows down with its size.
The actual size of the blockchain file does not affect performance as much.


3. Blockchain data.mdb backup file, complete synchronization is made, synchronization again starts with 150K blocks? It would be expected to start from the last block, before the day, two, a few days ago, but not six months back. That's not normal. Why is that so?

- Sorry, didn’t get the question. Maybe you can describe this behavior to us in greater detail?

4. Do you test the version before releasing it? If there are problems, let us know. Do we need to know something?

- Of course, we do. There are no reasons to worry at the moment.

    bytecoin-gui.log

    [Walletd] Builtin state changed: RUNNING -> CRASHED
    [WalletApplication] Daemon finished. Return code: WALLET_FILE_DECRYPT_ERROR (207)
    [JsonRpcClient] Network error. Connection refused
    [Walletd] Remote state changed: CONNECTING -> NETWORK_ERROR
    [Walletd] Remote state changed: NETWORK_ERROR -> CONNECTING

    etc.

- We suppose these messages were collected in succession? Then the situation is quite clear: the daemon crashed because of WALLET_FILE_DECRYPT_ERROR (207), which is likely caused by incorrect password entry. Since the daemon crashed, the connection to it was refused, and the software tried to reconnect.
These messages gain substance in context. Their presence doesn’t mean something is wrong.



5. Why does not offer a download link for blockchain data.mdb file? It should be an essential component in the download section. You do not need to do a backup every day. Do this at least once a month.

data.mdb is not a backup, but a blockchain database itself.

- First of all, this method defies the whole point of decentralization. This would mean:

You assume the place where you download blockchain from has not tampered with it;
This place is not DDoSed or taken down at this moment.

But secondly, let’s assume that we would check the compliance to the consensus in the file that you have downloaded. This method would have the following disadvantages compared to traditional P2P blockchain download:

You would have to interface with the complete blockchain file, which involves random read/write operations with HDD, which is a slow method. Our tests have shown that the hard drive is the bottleneck when syncing the blockchain, not the network. Getting a block from the network and processing it straight away is faster;
Technically, you cannot interact with files that the browser hasn’t finished downloading. So you would have to wait for it to finish downloading before processing it anyway.


We hope that was able to answer some of your questions!


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August 17, 2018, 08:42:41 AM
 #7571

We hope that was able to answer some of your questions!

I see. Thank you very much for your answers. Now everything is much clearer. That's soothing. Go ahead.

Regards
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August 17, 2018, 10:56:33 AM
 #7572

Everything is Fine but still I am worried BCN 25 Sat. Shall I sell it or keep it? I can't afford more loss..
Sell right now.
A week ago will be much better.

Soldo [SLD] @ Soldo.IN
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August 17, 2018, 11:48:02 AM
 #7573

Shame on whom sold at 25sat Cry
RedAnt
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August 18, 2018, 01:03:28 PM
 #7574

Bytecoin Wallet GUI v3.2.3

https://i.imgur.com/9o772lq.png

Everything's fine. Wallet works. Install a new version and be patient (take a look at my older postings) while blockchain synchronizes.
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August 19, 2018, 09:20:10 AM
 #7575


Bytecoin Wallet GUI v3.2.4

Synchronization is much faster in this version, runs smoothly without interruption.

Great!
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August 19, 2018, 10:18:38 AM
 #7576


Bytecoin Wallet GUI v3.2.4

Synchronization is much faster in this version, runs smoothly without interruption.

Great!


I also have good experience with newest version of the wallet it syncing much faster than and all issue has been resolved now. That is the reason I pick few more coins to let them sit into my personal wallet under long term portfolio.
Xandan
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August 19, 2018, 10:21:45 AM
 #7577

These long bear market is effecting even to those who believe in the success but can't hold anymore. We have many people among us who don't management capital well and investment large portion and later can't handle the situation. What is strange usually people have need of money during down times. Brighter side is we have who can build buy walls to support the sellers.
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August 19, 2018, 10:31:16 AM
 #7578

Longest bearish period was of 14 months but then situation was much different. Now cryptocurrencies have other level of status and involvement of investors and players. This is manipulation which can anytime be over, agreeably. It is hard to predict when it is going to reverse the trend but will agree with you that by the end of this year a mega bull run can be expected.
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August 19, 2018, 02:52:55 PM
 #7579

i finally upgraded from wallet v3.1.1 to v3.2.4
it took me 3 hours with a i7 cpu
upgrade needs a few more gigabytes
right now data.mdb size is 28,867,039,168 bytes (+28GB)
block height: 1597764
everything is fine now
synchronization is fast
done

Clean install is 24 GB (24.724.922.368 bytes). Block heigh: 1597852.

You now have a 4 GB surplus.

It is better to make a complete installation from scratch.
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August 19, 2018, 06:54:36 PM
 #7580

Yes, this is funny to me, but not an antenna. But your persistence that does not give you to disentangle yourself from the old version 3.1.1. It's time to switch to v3.2.4. Here is why:

In brief:

1. Added the testnet functionality.
2. Fixed WRONG_BLOCKCHAIN problem when walletd ends up in a state where it could not sync with bytecoind.
3. Put a stop to infinite attempts to download blockchain from nodes lagging behind.

Read More:

Release Notes
https://github.com/bcndev/bytecoin/blob/master/ReleaseNotes.md

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