[NRS|NoirShares] POW ENDING at 50k | DACs | MANDATORY WALLET UPDATE 6/23/2014

[Mario241077]

I will be investing here soon and will buy on Poloniex.. Here is a blog post I did today.. http://bitbillions.net/2014/05/02/alt-currencies-introducing-noir-shares-coin-nrs/  enjoy..

nice thanks

[Mario241077]

The updates sure pushed the price up. 

may be,

2014-05-02 07:46:40   Buy   0.00017622   4.09735075   0.00072203
2014-05-02 07:45:55   Sell   0.00017612   34029.83914376   5.99333526

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014-05-02 07:11:07   Sell   0.00017618   100   0.017618
2014-05-02 07:07:06   Sell   0.00020433   16.35855274   0.00334254
2014-05-02 07:06:20   Buy   0.00020447   1.68993006   0.00034553
2014-05-02 07:04:41   Sell   0.00020433   8.111667   0.00165745
2014-05-02 05:31:17   Sell   0.00018002   99.31315   0.01787835
2014-05-02 05:31:17   Sell   0.00019   11630.12005263   2.20972280


the daily investments are definitely getting bigger. once they exceed the daily production limit. the price will go up.
the diff has increased. is in the course of the day probably double in comparison to yesterday.

on the long side, it is hardly possible to make something wrong.

Because here works a great team

Difficulty: 0.003478

Net Hashrate
94.70 KH/s

[Mario241077]

i have a question on the dev team

5% block reward reduction every 3000 blocks

include here with the POS blocks?


that would mean the more people nrs keep the faster will be the 3000 processed blocks! is the correct?

[4Ykw]

i have a question on the dev team

5% block reward reduction every 3000 blocks

include here with the POS blocks?


that would mean the more people nrs keep the faster will be the 3000 processed blocks! is the correct?

I think not... only POW

main.cpp

Code:

// miner's coin base reward based on nBits
int64 GetProofOfWorkReward(int nHeight, int64 nFees, uint256 prevHash)
{
	int64 nSubsidy = 80 * COIN;

	// Subsidy is reduced by 5% every 3000 blocks, 
    int exponent=(nHeight / 3000);
    for(int i=0;i<exponent;i++){
        nSubsidy=nSubsidy*19;
	nSubsidy=nSubsidy/20;
    }
    // Subsidy may be a minimum of 0.19012850*COIN
    // Expected 365.25 * 24 * 12 * 0.19012850 = approx 40,000 coins per year, 1% annual inflation
    if(nSubsidy< 2 *COIN){nSubsidy= 2 *COIN;}
    
    if (nHeight== 10) {nSubsidy= 250000 *COIN;}

	return nSubsidy + nFees;
}

[r05]

Devs - some of us are trying to get in touch with you on the IRC channel and haven't had much joy.. There is an issue with POS coins going missing we would like some clarification on.

When the new wallet was released, we all updated our wallets following the instructions posted in this thread. After updating, we got dozens (hundreds?) of POS notifications and a large amount of POS coins deposited in our wallets. The "Balance" value in the wallet reflected our standard POW balance + the new POS coins. This was fine, but some of the more recent POS blocks were not confirming - and no more POS blocks were being generated by the wallet. Looking for a resolution we rebuilt the blockchain - as detailed in this thread - to try and solve this issue. We then found that those POS blocks that were previously credited in our wallets before we rebuilt the blockchain were now completely missing.

In some cases, users have had ~900NRS by POS and they are now absent from the "Balance" in the wallet. Dumping privkey/importing into new wallet yields the same result - no POS blocks from that original influx of POS notifications. The blockchain is rebuilt and the wallets are completely sync'd, but the only POS coins we see are those generated since we rebuilt the blockchain - not before it.

Any idea what is going on here or why it happened? Can confirm the wallets used are the latest from the OP in this thread. Slightly annoying that so much NRS has gone..

Where is everyone mining? On nrs2 there is only 1kh and on other pools combined maybe 5kh more? Where are the other 95kh ?

ypool.

[fenghush]

Same here, I didn't redownload the blockchain after the influx of PoS blocks credited right after the release of the "patched" wallet. I've been following the debug.log output closely and it clearly states "CPUMiner : proof-of-stake block found" but nothing happens.

Devs - some of us are trying to get in touch with you on the IRC channel and haven't had much joy.. There is an issue with POS coins going missing we would like some clarification on.

When the new wallet was released, we all updated our wallets following the instructions posted in this thread. After updating, we got dozens (hundreds?) of POS notifications and a large amount of POS coins deposited in our wallets. The "Balance" value in the wallet reflected our standard POW balance + the new POS coins. This was fine, but some of the more recent POS blocks were not confirming - and no more POS blocks were being generated by the wallet. Looking for a resolution we rebuilt the blockchain - as detailed in this thread - to try and solve this issue. We then found that those POS blocks that were previously credited in our wallets before we rebuilt the blockchain were now completely missing.

In some cases, users have had ~900NRS by POS and they are now absent from the "Balance" in the wallet. Dumping privkey/importing into new wallet yields the same result - no POS blocks from that original influx of POS notifications. The blockchain is rebuilt and the wallets are completely sync'd, but the only POS coins we see are those generated since we rebuilt the blockchain - not before it.

Any idea what is going on here or why it happened? Can confirm the wallets used are the latest from the OP in this thread. Slightly annoying that so much NRS has gone..

Where is everyone mining? On nrs2 there is only 1kh and on other pools combined maybe 5kh more? Where are the other 95kh ?

ypool.

[LemonAndFries]

The 2 recent emails with updates I have received have boosted my confidence in Noir.

Noir is definitely in my top investment list now, I wasn't too sure at first but now I am glad I took a chance.

Thank you for all the hard work.

[Mario241077]

i get pos blocks, today again

the wallet must be unlocked

and the stake age must be 7 days min and for full age 14 days

[fenghush]

the wallet must be encrypt

That doesn't make much sense to me, care to elaborate?

[r05]

Same here, I didn't redownload the blockchain after the influx of PoS blocks credited right after the release of the "patched" wallet. I've been following the debug.log output closely and it clearly states "CPUMiner : proof-of-stake block found" but nothing happens.

yeah, seems like the same issue. I have a POS transaction which has a "?" next to it in my wallet - and has done for 5 hours now..

[noirtalks]

Same here, I didn't redownload the blockchain after the influx of PoS blocks credited right after the release of the "patched" wallet. I've been following the debug.log output closely and it clearly states "CPUMiner : proof-of-stake block found" but nothing happens.

yeah, seems like the same issue. I have a POS transaction which has a "?" next to it in my wallet - and has done for 5 hours now..

Same here, I didn't redownload the blockchain after the influx of PoS blocks credited right after the release of the "patched" wallet. I've been following the debug.log output closely and it clearly states "CPUMiner : proof-of-stake block found" but nothing happens.

Devs - some of us are trying to get in touch with you on the IRC channel and haven't had much joy.. There is an issue with POS coins going missing we would like some clarification on.

When the new wallet was released, we all updated our wallets following the instructions posted in this thread. After updating, we got dozens (hundreds?) of POS notifications and a large amount of POS coins deposited in our wallets. The "Balance" value in the wallet reflected our standard POW balance + the new POS coins. This was fine, but some of the more recent POS blocks were not confirming - and no more POS blocks were being generated by the wallet. Looking for a resolution we rebuilt the blockchain - as detailed in this thread - to try and solve this issue. We then found that those POS blocks that were previously credited in our wallets before we rebuilt the blockchain were now completely missing.

In some cases, users have had ~900NRS by POS and they are now absent from the "Balance" in the wallet. Dumping privkey/importing into new wallet yields the same result - no POS blocks from that original influx of POS notifications. The blockchain is rebuilt and the wallets are completely sync'd, but the only POS coins we see are those generated since we rebuilt the blockchain - not before it.

Any idea what is going on here or why it happened? Can confirm the wallets used are the latest from the OP in this thread. Slightly annoying that so much NRS has gone..

Where is everyone mining? On nrs2 there is only 1kh and on other pools combined maybe 5kh more? Where are the other 95kh ?

ypool.

Guys, most likely as PoS difficulty increases, it will need longer to re-mint PoS coins you minted previously while the wallet wasn't in proper sync. If waiting doesn't fix, please reinstall the wallet with the latest version.

If you are getting messages such as proof-of-stake block found, but are not being credited stake, it is because the block was found but not accepted-

Seeing "pos block found" in log file is because the wallet is trying to catch up with the net and generate POS blocks for very aged coins‏

thanks!

hyz

[r05]

Guys, most likely as PoS difficulty increases, it will need longer to re-mint PoS coins you minted previously while the wallet wasn't in proper sync. If waiting doesn't fix, please reinstall the wallet with the latest version.

If you are getting messages such as proof-of-stake block found, but are not being credited stake, it is because the block was found but not accepted-

Seeing "pos block found" in log file is because the wallet is trying to catch up with the net and generate POS blocks for very aged coins‏

thanks!

hyz

Hi hyz, thanks for replying so quickly.

After finding this issue I reinstalled the wallet completely (removed the %appdat%/NoirShares folder entirely) and re-imported my private key into a new installation. The previous POS coins are still missing. I am unclear how waiting will re-mint the coins - could you elaborate at all?

Thanks.

[noirtalks]

Guys, most likely as PoS difficulty increases, it will need longer to re-mint PoS coins you minted previously while the wallet wasn't in proper sync. If waiting doesn't fix, please reinstall the wallet with the latest version.

If you are getting messages such as proof-of-stake block found, but are not being credited stake, it is because the block was found but not accepted-

Seeing "pos block found" in log file is because the wallet is trying to catch up with the net and generate POS blocks for very aged coins‏

thanks!

hyz

Hi hyz, thanks for replying so quickly.

After finding this issue I reinstalled the wallet completely (removed the %appdat%/NoirShares folder entirely) and re-imported my private key into a new installation. The previous POS coins are still missing. I am unclear how waiting will re-mint the coins - could you elaborate at all?

Thanks.

Just the same way as they get minted, PoS blocks consume coin age.‏ Those blocks you minted are completely missing, but that means that consumed age returned to original coins. This situation is just like coin age was never consumed by PoS minting.‏ You will not get those blocks back‏.
New blocks will be generated instead, with different (higher) amount of coins because of coins being older‏. Coins minted while off the main chain are gone (orphan), but coin age consumed by those coins is returned to the original coins and will be used during PoS mining/staking now.

[r05]

Just the same way as they get minted, PoS blocks consume coin age.‏ Those blocks you minted are completely missing, but that means that consumed age returned to original coins. This situation is just like coin age was never consumed by PoS minting.‏ You will not get those blocks back‏.
New blocks will be generated instead, with different (higher) amount of coins because of coins being older‏. Coins minted while off the main chain are gone (orphan), but coin age consumed by those coins is returned to the original coins and will be used during PoS mining/staking now.

I see. Thank you.

It may be worth nothing that the following instructions may be inadequate in that case:

Step 1 See if blockchain redownload is needed.
   Help > Debug Window > Console. In the console type "getblock ffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffeeee"
   If return is Block not found (code -5) there is no need to re-download the chain proceed to step 5

I ran that command on my (upgraded) wallet and got returned "Block not found (code -5)" - leading me to believe I was on the right blockchain. But according to the information you have provided, I was on the old blockchain. Very weird and an honest mistake I am sure, but this led to a bit of a mess for me!

[Mario241077]

the wallet must be encrypt

That doesn't make much sense to me, care to elaborate?

sorry've expressed myself wrong. the wallet must be unencrypted.

I did not get the same blocks as yesterday. but other

[ning_aric]

The 2 recent emails with updates I have received have boosted my confidence in Noir.

Noir is definitely in my top investment list now, I wasn't too sure at first but now I am glad I took a chance.

Thank you for all the hard work.

YES I THINK SO.

[NRSLogan]

The 2 recent emails with updates I have received have boosted my confidence in Noir.

Noir is definitely in my top investment list now, I wasn't too sure at first but now I am glad I took a chance.

Thank you for all the hard work.

YES I THINK SO.

Do the 'all caps' mean that we are doing a good job?  Thank you!  We are aiming for a win/win relationship.  That is, we want to provide more value than we are taking.  Please continue to provide feedback (such as our survey: https://docs.google.com/forms/d/1QhqBkGrnBhvVvKmPTT5YmcrW9AVbhp_VkhbxKimVa-I/viewform?usp=send_form) and suggestions as we continue to develop and provide additional projects. 

[loveyou]

i get pos blocks, today again

the wallet must be unlocked

and the stake age must be 7 days min and for full age 14 days

yes, you are rigtht, and if you open all time, you may get more coins...

hahha

[loveyou]

The 2 recent emails with updates I have received have boosted my confidence in Noir.

Noir is definitely in my top investment list now, I wasn't too sure at first but now I am glad I took a chance.

Thank you for all the hard work.

YES I THINK SO.

  just hold on you conficence///

[primer10]

Does PoW stop at 5mil coins?