Idena is the first Proof-of-Person Blockchain

[realRioda]

My next planned step is to implement mining log for nodes that are monitored over my portal. That way, we will have bigger sample to compare. The answer is probbably somewhere in the code on github

[1714043783]

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[1714043783]

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[lemonandfriesonetwo]

Any of you know what the actual mining reward calculation mechanism looks like?

Mining involves competition between nodes and who gets the block published/verified by the network first.

Sometimes you're always the winner for many blocks. Sometimes you fall behind. Such is the way mining works.

All network variables affect mining, in any cryptocoin.

[othell_rogue]

Any of you know what the actual mining reward calculation mechanism looks like?

Mining involves competition between nodes and who gets the block published/verified by the network first.

Sometimes you're always the winner for many blocks. Sometimes you fall behind. Such is the way mining works.

All network variables affect mining, in any cryptocoin.

So you are saying that the "miners" which are not miners act like real miners?
I thought the amount of Idena coins allocated per day are divided equally to all nodes running, of course if the nodes are online 24h.

[Tytanowy Janusz]

Hard fork is coming on 25 March 2020 - as promised during last security model update on Feb 24 (invitation model improvement - 0-2 invitations per node based on accounts score and status).

Idena Announcements, [19.03.20 12:24]
Dear Idena community,

We plan to release a new version of the Idena node on March 25, 2020. It will be a hard fork.

There will be more invitations available for identities with the Human status.

Please see the details here:
https://medium.com/idena/more-invitations-for-identities-with-the-human-status-49edf79598fe

[cryptovigi]

Mining involves competition between nodes and who gets the block published/verified by the network first.

Sometimes you're always the winner for many blocks. Sometimes you fall behind. Such is the way mining works.

All network variables affect mining, in any cryptocoin.

If so i'm wonder which variable affect mining most i know that cpu doesn't matter a lot while i was mining on 10th years laptop, probably network speed etc.

Or it also maybe that mining work isn't affected by technical circumstances at all and finding block it's simple random....

[Tytanowy Janusz]

If so i'm wonder which variable affect mining most i know that cpu doesn't matter a lot while i was mining on 10th years laptop, probably network speed etc.

Or it also maybe that mining work isn't affected by technical circumstances at all and finding block it's simple random....

If your internet connection is awful you might miss some blocks what may affect mining speed but this is not an issue in this case in my opinion. I think its pure random. As you can see at the beginning human was faster by up to 70% and at the end was the slowest. I think that if you will run it for longer it will switch places once again and this 10% difference will shrink significantly

[iHodler]

Well, I agree with Tytanowy Janusz. At the end of the day everyone will get the same rewards if the nodes are up 100% and have the same internet speed.

@cryptovigi try to make an analysis on a full cycle (9 days) from start to end, and see what are the results. 4 days may not be conclusive.

Additionally, apart from the same internet speed/connection you'll need to make a comparison, the node up time must be exactly the same, if a node is stopped longer than other ( i.e. for a node update, a VPS server update), you may end up with different rewards.

[Railai]

There is a really small chance to actually catch up with all the blocks. There can be also a delay between connection of peers, no matter how fast your internet is, it also matters how fast their internet is.

Overall rewards can't be more down than 12% with a decent connection vs the real distribuited number. I ran some maths myself so that's the lowest it can go.

[notblox1]

Idena Validation will start 15 hours from time when I post this.
Remember to be online and synced on time.
https://idena.io/

[Strongkored]

Idena Validation will start 15 hours from time when I post this.
Remember to be online and synced on time.
https://idena.io/

Don't forget to update to the latest version on your client 0.6.0.

https://idena.io/?view=download#

[othell_rogue]

Idena Validation will start 15 hours from time when I post this.
Remember to be online and synced on time.
https://idena.io/

Thanks for the reminder @notblox1!
Even if I think old users have a reminder and knows very well when the next validation is, this is very good to know for newcomers/newbies to avoid missing it and waste the invites of others.

[Railai]

Just 6 hours left! Let's make this a great session with 100% on short session xD

[iHodler]

Just out of curiosity...

If I issue/give an invite to someone and he/she activate it, if I decide to delete him/her would my invite participate in the Lottery-based rewards for non-spent invitations or I shouldn't mine it (the invitation code) in the first place?

[Tytanowy Janusz]

Just out of curiosity...

If I issue/give an invite to someone and he/she activate it, if I decide to delete him/her would my invite participate in the Lottery-based rewards for non-spent invitations or I shouldn't mine it (the invitation code) in the first place?

I think that you should not issue invitation at all (or kill already issued/minted) to receive this reward. Invitation that was issued and not used before validation have "not activated" status, not "non-spent" - not sure if i'm right but this logic seems convincing at least to me.

[Railai]

Just out of curiosity...

If I issue/give an invite to someone and he/she activate it, if I decide to delete him/her would my invite participate in the Lottery-based rewards for non-spent invitations or I shouldn't mine it (the invitation code) in the first place?

It doesn't matter, if the invitation was not spend all is fine! You'll get the reward.

1 HOUR LEFT!

[Xsinx]

I will stopped giving invite now all of them are just failing. 2 invites wasted once again this epoch.
Its better to save it and earn small rewards for unused invites that to issue it and get nothing from failed invites.

Starting March 25 hardfork all human will get 2 invites

[BluePowder]

How do you get a code ? I tried to contact them but no luck.

[notblox1]

How do you get a code ? I tried to contact them but no luck.

Go to Idena Discord and learn to make and solve flips in flip-school.
https://discord.gg/uJbkuJg

[Railai]

I will stopped giving invite now all of them are just failing. 2 invites wasted once again this epoch.
Its better to save it and earn small rewards for unused invites that to issue it and get nothing from failed invites.

Starting March 25 hardfork all human will get 2 invites

I'm saying this since the last update, stop sending the invites for free! It is not worth it, sell them and stay on the head of the buyer, be sure that he is interested. Of course, don't overprice them, sell them at a decent price.

Right now at least with all the activity in the telegram invites requests, you can't know anymore who is real or who is fake. Do they just want an invite to see how the wallet looks like? Maybe they believe it has different features or that they can mine isntantly!?

There has to be created a treshold like XRP is having for each new member joining. This way we can also help a lot the coin on exchanges. The ammount needed to be a candidate should be burned.

[BluePowder]

Looks like another disgraceful scam coin with a bunch of third world scammers behind it . Typical of the losers that frequent this forum.

the scammer Railai already emailed me and tried to get $50 off me so I can support this piece of shit.  too funny, no wonder everybody hates these third world losers. they completely miss the point of supporting a network and turn everything into a money scam..

go make some IRS scam calls RaiLai