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Author Topic: [ANN] Orbitcoin v1.6.0.0 ~ NeoScrypt ~ Green Stake ~ 4 Years Old  (Read 172615 times)
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TvZ
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August 03, 2017, 01:51:52 AM
 #1901


Money Supply: 3000398.18907400 ORB

After 4 years and some days Orbitcoin passed the 3M Smiley

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joessj4
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August 03, 2017, 03:24:54 AM
 #1902

I heard that this coin has a 500% annual staking rate. Is that right?
TvZ
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August 03, 2017, 12:59:59 PM
 #1903

I heard that this coin has a 500% annual staking rate. Is that right?

Probably a while ago when the PoS diff was low and there were less online staking wallets.
Now the diff is higher and there are pretty much wallets online to stake so 500% annually
isn't realistic these days.

It's still worth to stake ORB anyway, Orbitcoin is a coin for the long term and in time the
price will be going up (i'm sure about that)  Smiley
daberti
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August 03, 2017, 06:25:17 PM
 #1904

Stake wise will it change something by running two ORB clients on separate PC (yet having the very same wallets, for redundancy purpose) ?

Thanks in advance
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August 03, 2017, 06:51:59 PM
 #1905

Stake wise will it change something by running two ORB clients on separate PC (yet having the very same wallets, for redundancy purpose) ?

Thanks in advance

They will produce stakes at nearly the same time using the same inputs, but only one of them can be accepted by the network. Your wallets will be full of orphans. It's better to use a single wallet on a PC or server which you can run 24/7. Orbitcoin doesn't crash on its own as I've fixed all critical bugs that I'm aware of in the past years.

"If you've got a problem and have to spread some coins to make it go away, you've got no problem. You've got an expence." ~ Phoenixcoin (PXC) and Orbitcoin (ORB) and Halcyon (HAL)
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August 03, 2017, 10:21:31 PM
 #1906


They will produce stakes at nearly the same time using the same inputs, but only one of them can be accepted by the network. Your wallets will be full of orphans. It's better to use a single wallet on a PC or server which you can run 24/7. Orbitcoin doesn't crash on its own as I've fixed all critical bugs that I'm aware of in the past years.


Thanks ghostlander. I'll follow your guidelines then. Smiley
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August 05, 2017, 11:47:39 PM
 #1907

Another problem with sharing wallets over multiple computers: if you send funds from one, the client may generate a unique change address - a new private key - that the other client won't know about. They'll show different balances because the other client won't recognise that funds sent to the change address belong to you. If you're not super careful there is potential for losing funds.
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August 06, 2017, 12:14:51 AM
 #1908

Another problem with sharing wallets over multiple computers: if you send funds from one, the client may generate a unique change address - a new private key - that the other client won't know about. They'll show different balances because the other client won't recognise that funds sent to the change address belong to you. If you're not super careful there is potential for losing funds.

Holy God Sad
Deeply convinced Smiley

EDIT:
Just another question, although I'm pretty much sure it has been already covered here: let's assume I've 500 ORBs. How to make them into 25 blocks of 20 ORBs each or 10 blocks of 50ORBs ? Should I send each correct amount from my wallet to my own 2nd receiving address?  
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August 06, 2017, 01:05:45 AM
 #1909

Quote
Just another question, although I'm pretty much sure it has been already covered here: let's assume I've 500 ORBs. How to make them into 25 blocks of 20 ORBs each or 10 blocks of 50ORBs ? Should I send each correct amount from my wallet to my own 2nd receiving address? 

Go to Wallet > Options > Display and check 'Enable the Coin Control' [OK]
If you go now to the 'Send' screen you can click Coin Control.
There you see your amount of ORB & blocks you have.

You can send blocks of your preferred amount to your second address or you can send ORB to the same address.
On the 'Send' screen you can check 'custom change address' there you can paste your ORB address.
To the same address you can now send blocks of ORB.
Using 'custom change address' means you will keep everything at the same address but you can send ORB to another
address anyway Smiley
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August 07, 2017, 12:11:58 AM
 #1910

Huge thanks Smiley
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August 07, 2017, 12:40:53 PM
 #1911

i support marthy
http://ispace.co.uk/my-mining/pos-mining?show=earn&i=129

PoW to PoS is now 3.52 to 0.52
The time of 0.052 is over
Long-term holders can enjoy this

Hey Mario, thanks for the reference to iSpace! Did not know about this site. Sent my small pile over there last week, now I don't have to keep my computer on all the time. Smiley

So many orphans though — I guess PoS can have the same issues as PoW when diff is high (4.8 now!!)? Could latency in PoS also be an issue like with PoW? (Perhaps questions for @ghostlander!)

Code:
OrbitCoin POS

Algo: pos
Difficulty: 4.85424000
Confirmations: 200
Wallet Version:

Our Last Block: 2,228,477
Last Block: approx 5 hours

Trading:
Cryptopia 0.00008928 btc

Information: http://www.orbitcoin.org/

Last 10 Blocks
Block Time Confirmations Difficulty Shares Finder Amount
2,228,477 07/08/2017 08:38:55 Orphaned 0.49825514 43,022,407 iSpace Mining 1.001
2,228,390 07/08/2017 06:04:57 Orphaned 0.42619678 0 iSpace Mining 1
2,228,257 07/08/2017 01:43:28 Orphaned 0.55318736 0 iSpace Mining 1
2,228,165 06/08/2017 22:44:55 Confirmed 0.43485906 27,780,006 iSpace Mining 1
2,227,987 06/08/2017 16:18:28 Confirmed 0.53551292 36,618,655 iSpace Mining 1
2,227,715 06/08/2017 07:15:58 Confirmed 0.54544774 4,928,571 iSpace Mining 1.001
2,227,679 06/08/2017 06:00:20 Confirmed 0.44723104 21,016,683 iSpace Mining 1
2,227,591 06/08/2017 02:51:12 Orphaned 0.39981332 0 iSpace Mining 1
2,227,520 06/08/2017 00:42:10 Confirmed 0.53298687 24,099,286 iSpace Mining 1
2,227,410 05/08/2017 21:06:47 Orphaned 0.41181756 0 iSpace Mining 1

"The hurrier I go, the behinder I get..." - Lewis Carroll
daberti
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August 07, 2017, 12:56:37 PM
 #1912

How many ORBs are left from the original (limited) supply?
ermaxinc
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August 07, 2017, 01:02:05 PM
 #1913

NovaExchange - No trade volume  Huh
Cryptopia - No trade volume  Huh
CoinExchange - No trade volume  Huh

No, thanks...
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August 07, 2017, 01:27:59 PM
 #1914

NovaExchange - No trade volume  Huh
Cryptopia - No trade volume  Huh
CoinExchange - No trade volume  Huh

No, thanks...
Whatever. ORBers are typically bagholders due to PoS. Buyers have kept exchange prices relatively strong, even if on low volume. It's not a coin made for PoW mining and dumping, if that's what you're looking for. Grin

"The hurrier I go, the behinder I get..." - Lewis Carroll
TvZ
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August 07, 2017, 08:38:13 PM
 #1915

NovaExchange - No trade volume  Huh
Cryptopia - No trade volume  Huh
CoinExchange - No trade volume  Huh

No, thanks...

Orbitcoin is a small coin with a loyal small but growing community.
There are pretty much wallets staking ORB, Orbitcoin is i.m.o. one of the best PoS coins available.
I think many people hold their ORB because of PoS and the fact that ORB is a pretty rare coin (max 3.77M ORB!)
so it is not strange that the trading volume is low.
The price of Orbitcoin is one of the most stable prices in the CryptoCurrency world!
Even past weeks when many many alts lost pretty much of their worth, Orbitcoin was still very stable.

Orbitcoin is not a pump&dump coin, Orbitcoin is a long term coin.

Bitgenius777
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August 07, 2017, 08:40:09 PM
 #1916

People wasting their time on a shitcoin.

How productive. There are thousand better opportunities.

Get Free ONION https://deeponion.org/apply TOR Integrated Crypto
wildbud
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August 07, 2017, 08:43:15 PM
 #1917

If 500% annual staking rate would be realistic it would be fairy tale
FractalUniverse
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August 07, 2017, 08:56:52 PM
 #1918

times of 500% staking rate are likely gone and will not return. number of people staking doubled in recent months and looks like its still growing. mining difficulty also seems to be slowly rising.
"proof-of-work" : 3.71401342,
"proof-of-stake" : 0.44255288,
"search-interval" : 2
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August 07, 2017, 09:06:59 PM
 #1919

NovaExchange - No trade volume  Huh
Cryptopia - No trade volume  Huh
CoinExchange - No trade volume  Huh

No, thanks...

Orbitcoin is a small coin with a loyal small but growing community.
There are pretty much wallets staking ORB, Orbitcoin is i.m.o. one of the best PoS coins available.
I think many people hold their ORB because of PoS and the fact that ORB is a pretty rare coin (max 3.77M ORB!)
so it is not strange that the trading volume is low.
The price of Orbitcoin is one of the most stable prices in the CryptoCurrency world!
Even past weeks when many many alts lost pretty much of their worth, Orbitcoin was still very stable.

Orbitcoin is not a pump&dump coin, Orbitcoin is a long term coin.


Yes. And dont forget to mention its been around for more than 4 years Smiley
As for trading volume, its not that bad, there were times when it was much worse. It would be nice to have ORB on some more liquid exchange though. It will come, just lets give it some time
TvZ
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August 07, 2017, 10:22:45 PM
 #1920


Indeed, around for 4+ years, most coins from those days are inactive/dead for a long time now.

Important announcement of alcurex: https://bitcointalk.org/index.php?topic=458732.msg20596170#msg20596170

Remote markets are closed.
Because of that the volume of alcurex is very low right now but alcurex is a nice and i.m.o. honest exchange so better
days will come, i'm pretty sure about that.

Orbitcoin isn't a remote market so it is still available at alcurex!  Smiley


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