wzttide
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May 15, 2014, 05:19:45 AM |
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SwapHole.com updated to new wallet!
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cornerstonecoin (OP)
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May 15, 2014, 02:20:30 PM |
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Friendly reminder..... Please update your wallets or you will not receive the 20% interest for the first year.
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cornerstonecoin (OP)
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May 15, 2014, 11:18:52 PM |
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Friendly reminder..... Please update your wallets or you will not receive the 20% interest for the first year. A wallet test question: Can anyone, or everyone, who has generated POS blocks with the NEW wallet post their transaction id's or block numbers/height so we can check to make sure the system is generating the correct stake amounts? Also, please update to the new wallet if you haven't done so already.Thanks for your help!
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theboccet
Legendary
Offline
Activity: 1064
Merit: 1000
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May 16, 2014, 01:25:36 AM |
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Friendly reminder..... Please update your wallets or you will not receive the 20% interest for the first year. A wallet test question: Can anyone, or everyone, who has generated POS blocks with the NEW wallet post their transaction id's or block numbers/height so we can check to make sure the system is generating the correct stake amounts? Also, please update to the new wallet if you haven't done so already.Thanks for your help! here is a transaction. date 16/05/2014 01:47 Transaction ID: b5a62e7c3cbd7a11809556d8a854bbd64caac4917e2441d3a812d566f5c5e441
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| | | ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¯¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¯¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¯¦_¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¯¦_¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦_¦_¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ | MONETARYUNIT .......for Me, U & Everyone....... |
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LonePawn
Newbie
Offline
Activity: 42
Merit: 0
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May 16, 2014, 03:03:41 AM |
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Anyone know how to setup a faucet? I will donate to the faucet account.
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oldkolobok
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May 16, 2014, 02:33:33 PM Last edit: May 16, 2014, 03:33:00 PM by oldkolobok |
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Problem. Wallet shows a block at 40988 on 41117 (41128 on Block Explorers) and do not want to synchronize already day. Tried to delete the old data from the appdata preserving wallet.dat, came even worse - lost all accrued and pow pos. Entries have. Coin no.
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cornerstonecoin (OP)
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May 16, 2014, 08:52:38 PM |
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Problem. Wallet shows a block at 40988 on 41117 (41128 on Block Explorers) and do not want to synchronize already day. Tried to delete the old data from the appdata preserving wallet.dat, came even worse - lost all accrued and pow pos. Entries have. Coin no.
Please try updating your .conf file with the updated addnodes in the OP and see if that helps. We still have a few wallets on the old chain and are trying to get everyone caught up.
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cornerstonecoin (OP)
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May 16, 2014, 09:52:06 PM |
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Important wallet update notice:1. Please update your wallet to version 2. 2. If you've already updated, please also update your CornerstoneCoin.conf file with the one below: listen=1 server=1 daemon=1 maxconnections=100 rpcuser=yourusername rpcpassword=yourpassword addnode=54.186.134.64 addnode=23.97.129.104 rpcport=55887 rpcconnect=127.0.0.1 3. Enjoy and rejoice that we are all on the same chain.
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theboccet
Legendary
Offline
Activity: 1064
Merit: 1000
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May 16, 2014, 09:53:51 PM |
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why i have much stakes not accepted?? i have many of them in my wallet. it goes at 4 confirmations and after that it change to not accepted.
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¦¦¦¦¦¦¦______ ¦¦¦¦_¦¦¦¦¦¦¦¦¦¦_ ¦¦¦¦¦¦¯¦¦¦¦¦¦¯¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦_¦¦¦¦¦¦_¦¦¦ ¦¦¦¦¯¦¦¦¦¦¦¦¦¦¦¯ ¦¦¦¦¦¦¦¯¯¯¯¯¯
| | | ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
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| | | ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¯¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¯¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¯¦_¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¯¦_¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦_¦_¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ | MONETARYUNIT .......for Me, U & Everyone....... |
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cornerstonecoin (OP)
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May 16, 2014, 09:56:33 PM |
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why i have much stakes not accepted?? i have many of them in my wallet. what block is your wallet on currently?
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MatthewBCF
Member
Offline
Activity: 71
Merit: 10
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May 16, 2014, 09:57:16 PM |
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Important wallet update notice:1. Please update your wallet to version 2. 2. If you've already updated, please also update your CornerstoneCoin.conf file with the one below: listen=1 server=1 daemon=1 maxconnections=100 rpcuser=yourusername rpcpassword=yourpassword addnode=54.186.134.64 addnode=23.97.129.104 rpcport=55887 rpcconnect=127.0.0.1 3. Enjoy and rejoice that we are all on the same chain. I tried the conf and it still sat around stuck. So, going for broke I delete the blockchain and start pulling ..but I can see I'm going to end pulling from the fork, even with the conf the peers are forked...so double down and change addnode to "connect=" and I can only get connection to 1 of the 2 IPs. It is slow, so don't if this will sync fast enough but obviously should be on the right chain.
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Crypto with a purpose :: WATER / DGB / REDD / ECC / NOBL / EMC2 / SHARE
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theboccet
Legendary
Offline
Activity: 1064
Merit: 1000
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May 16, 2014, 09:58:14 PM |
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why i have much stakes not accepted?? i have many of them in my wallet. what block is your wallet on currently? now at block 42514 just have another not accepted now
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¦¦¦¦¦¦¦______ ¦¦¦¦_¦¦¦¦¦¦¦¦¦¦_ ¦¦¦¦¦¦¯¦¦¦¦¦¦¯¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦_¦¦¦¦¦¦_¦¦¦ ¦¦¦¦¯¦¦¦¦¦¦¦¦¦¦¯ ¦¦¦¦¦¦¦¯¯¯¯¯¯
| | | ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
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| | | ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¯¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¯¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¯¦_¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¯¦_¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦_¦_¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ | MONETARYUNIT .......for Me, U & Everyone....... |
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cornerstonecoin (OP)
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May 16, 2014, 10:01:53 PM |
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why i have much stakes not accepted?? i have many of them in my wallet. what block is your wallet on currently? now at block 42514 Thanks. That confirms you are on the correct chain. The way POS works is you are submitting blocks but sometimes another wallet just beats you and that one is placed on the chain while yours sets without getting confirmed. It is really a matter of luck. But, don't worry, you're coin days will still remain and continue to build so that you receive the proper stake amount eventually.
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theboccet
Legendary
Offline
Activity: 1064
Merit: 1000
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May 16, 2014, 10:05:10 PM |
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thanks for the explanation.just to confirm with you,there is no obligation to keep the wallet open all the time right?
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¦¦¦¦¦¦¦______ ¦¦¦¦_¦¦¦¦¦¦¦¦¦¦_ ¦¦¦¦¦¦¯¦¦¦¦¦¦¯¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦_¦¦¦¦¦¦_¦¦¦ ¦¦¦¦¯¦¦¦¦¦¦¦¦¦¦¯ ¦¦¦¦¦¦¦¯¯¯¯¯¯
| | | ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦
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| | | ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¯¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¯¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¯¦_¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¯¦_¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦_¦_¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ | MONETARYUNIT .......for Me, U & Everyone....... |
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MatthewBCF
Member
Offline
Activity: 71
Merit: 10
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May 16, 2014, 10:07:09 PM |
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Important wallet update notice:1. Please update your wallet to version 2. 2. If you've already updated, please also update your CornerstoneCoin.conf file with the one below: listen=1 server=1 daemon=1 maxconnections=100 rpcuser=yourusername rpcpassword=yourpassword addnode=54.186.134.64 addnode=23.97.129.104 rpcport=55887 rpcconnect=127.0.0.1 3. Enjoy and rejoice that we are all on the same chain. I tried the conf and it still sat around stuck. So, going for broke I delete the blockchain and start pulling ..but I can see I'm going to end pulling from the fork, even with the conf the peers are forked...so double down and change addnode to "connect=" and I can only get connection to 1 of the 2 IPs. It is slow, so don't if this will sync fast enough but obviously should be on the right chain. finally can see #42525 ..should end up resyncd
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Crypto with a purpose :: WATER / DGB / REDD / ECC / NOBL / EMC2 / SHARE
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cornerstonecoin (OP)
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May 16, 2014, 10:54:33 PM |
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thanks for the explanation.just to confirm with you,there is no obligation to keep the wallet open all the time right?
That's correct. You should open it at least every 25 days. That is the maximum age for coin staking. What this means is your coins gain age which counts towards the number of coins they will generate. However, coins stop accumulating time after 25 days. If you wait 30 days, for example, between openings of your wallet you will still receive stake, it will just be for 25 days worth of coin age. And, again, the minimum holding time to generate stake is 5 days. Hope this helps.
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theboccet
Legendary
Offline
Activity: 1064
Merit: 1000
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May 16, 2014, 11:52:46 PM |
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thanks for the explanation.just to confirm with you,there is no obligation to keep the wallet open all the time right?
That's correct. You should open it at least every 25 days. That is the maximum age for coin staking. What this means is your coins gain age which counts towards the number of coins they will generate. However, coins stop accumulating time after 25 days. If you wait 30 days, for example, between openings of your wallet you will still receive stake, it will just be for 25 days worth of coin age. And, again, the minimum holding time to generate stake is 5 days. Hope this helps. this help me alot to organize staking!! thx
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¦¦¦¦¦¦¦______ ¦¦¦¦_¦¦¦¦¦¦¦¦¦¦_ ¦¦¦¦¦¦¯¦¦¦¦¦¦¯¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦_¦¦¦¦¦¦_¦¦¦ ¦¦¦¦¯¦¦¦¦¦¦¦¦¦¦¯ ¦¦¦¦¦¦¦¯¯¯¯¯¯
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| | | ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¯¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¯¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¯¦_¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¯¦_¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦_¦_¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ | MONETARYUNIT .......for Me, U & Everyone....... |
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MatthewBCF
Member
Offline
Activity: 71
Merit: 10
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May 17, 2014, 12:36:55 AM |
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thanks for the explanation.just to confirm with you,there is no obligation to keep the wallet open all the time right?
That's correct. You should open it at least every 25 days. That is the maximum age for coin staking. What this means is your coins gain age which counts towards the number of coins they will generate. However, coins stop accumulating time after 25 days. If you wait 30 days, for example, between openings of your wallet you will still receive stake, it will just be for 25 days worth of coin age. And, again, the minimum holding time to generate stake is 5 days. Hope this helps. So, correct me where I go wrong here: If everyone only opened their wallet 1x for 5 minutes every 25 days then who exactly is generating new blocks (esp. given that the 15ccx is gone)? If everyone followed a recipe of opening once in 25 days for 5 minutes it would take 3,000 with people a wallet to cover the entire period. That is to say nothing of the security factor involved. My own laymen take is that POS essentially demands that a high number of people are regularly staking in order to a) promote transactions b) secure the blockchain. The more people staking then the stronger the coin is. I'd much rather see 500 people with a wallet open 50% of the time -vs- 3,000 people opening it just once every 25 days. Now, perhaps we were speaking specifically about the lil' guy who maybe only has a small investment and might only generate a stake once a week (vs every couple minutes <snicker>) and then I would say that the once every 25 day formula is perfectly reasonable. Don't mind me though as I don't mean being critical - Only trying to bring out the flip-side to POS...and posts to the forum..all that
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Crypto with a purpose :: WATER / DGB / REDD / ECC / NOBL / EMC2 / SHARE
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ficklepickle
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May 17, 2014, 01:13:58 AM |
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Yeah a more extreme staking age would be good.
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oldkolobok
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May 17, 2014, 03:59:09 AM |
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Thanks. That confirms you are on the correct chain. The way POS works is you are submitting blocks but sometimes another wallet just beats you and that one is placed on the chain while yours sets without getting confirmed. It is really a matter of luck. But, don't worry, you're coin days will still remain and continue to build so that you receive the proper stake amount eventually.
Do not understand. Block Explorers shows the last block 41179. You think that block 42514 is the correct line? Why? Paradoxical situation. In 11 records Stand wallet pow. Running - purse creates 11 records production and hangs like a long time. If you restart it after a long time - the old records are ignored, created 11 more records of production and again stupor. And so the circle - he was 60 or 70 records so created ((((( It seems that if a purse was over 30 records of Meiningen, he would be able to block and create a pos. Maybe I am mistaken. Shows purse blocks Block Explorers - 41179, what is unclear 42619. Sorry for bad english
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