[ANN] Orbitcoin v1.6.3.0 ~ NeoScrypt ~ Green Stake ~ 10 Years Old

[FractalUniverse]

Hello, I have recovered the wallet after a long time, it is already updated and with coins, how did it look like it was mining PoS ?. Thanks

When you have PoS mining enabled in "Tools" it should look like this:

[1701341621]

1701341621

[FractalUniverse]

btw current price is rather low, but still its 25 cents per 1 ORB, because of high bitcoin price @ 55000.
so its feasible to get few dollars per day with about 30-40000 ORBS (my guesstimation with current difficulty).
Price may get much higher in the future though, as 1 block is only 0.25 orbitcoins now.
whats needed is to get orb on several more reliable exchanges.

I have put some coins on unnamed.exchange and freiexchange, but im reluctant to place there more, as im not much confident in their long term reliability. I lost a lot on cryptopia.. :/
But without liquidity there will not be much trading going on, so we have to take some risk.

[juanjosear]

How is cryptopia going? I have signed up for the law firm's claim, but I have had no response. Can you see if my account was affected? Thanks

[juanjosear]

Regarding mining in PoS, you have to put the orbitcoin.conf file somewhere or that was for PoW.

[ghostlander]

Regarding mining in PoS, you have to put the orbitcoin.conf file somewhere or that was for PoW.

Just keep it running. If the tribar in the wallet's lower right corner glows yellow, it's staking.

[juanjosear]

.

I reconnect it.

[testbug]

Is it normal, that it will take very long to find a POS block?
As far as i know you should find a block on POS faster, of you have more ORB on your wallet, is this right? As the weight will increase.

[FractalUniverse]

depends on how many coins you have, but its better to split them to more adresses for staking

[testbug]

depends on how many coins you have, but its better to split them to more adresses for staking

Can you explain why it is better to have them on different addresses? Is this security related or POS related? Ty!

[FractalUniverse]

depends on how many coins you have, but its better to split them to more adresses for staking

Can you explain why it is better to have them on different addresses? Is this security related or POS related? Ty!

i took this guide from reddit: it was written for different coin, but most of it is still relevant here:
note that after finding PoS block, the imput has to age one day before it starts staking again.

personally i have also more adresses (its more for sorting by purpose and labeling reasons in this case), but imagine you had 10000 bitcoins in your wallet and kept them in just 1 address. then you would send or received a payment to/from someone on the internet, or even your friend. they could check your current balance in no time.

New to staking? Try this Guide.
FAQ

POS Guide |Credit: Crofly

    Staking starts if coins are at least 1 day in the wallet. For staking the wallet has to be open

    Wallet uses every input for staking. The more coins you have and longer they are in your wallet (max age 16 days) the higher chance they have to get a pos block
    It's also based on luck and difficulty

    After an input is rewarded with a pos block, its coinage is resetted to 0, so this input has to wait 1 day again for it to stake..


    Additionally if the input was bigger than stakesplit (default: 400 ) and coinage was not max ( 16 days ) they will be split in 2 halfs
    For example if an input of 100k coins gets a pos block before its coinage is 12 days, it will be split in 2 halfs to 2x 50k and of course coinage resetted to 0
    For inputs this autosplit the wallet does repeats until the value "stakesplit" in your config has been reached

    so it may take a while until a stack of 100k or more is splitted into stacks of 500 coins

    As the Autosplit may take a while depending on the sice of coins one has, it helps to manually split them manually to like 10k / 1k / or even 300 inputs
    This can be achieved by sending the amount to a new address in your wallet via coin control
    Before you do, check the next point first

    Sending/splitting coins of a big stack resets coin age of the coins you want to split and the remaining ones
    The remaining coins will be moved to another change address in the wallet, that's why it's coin age will be 0 again

    Stakecombine combines input that are below the value in the config ( default 200 ) with max 10 inputs together
    If you have many small blocks, manually combining them could help

Please be advised, those are only my personal researches and understandings of how it works

Staking options

-stakegen=<n> Generate coin stakes (default: 1 = enabled)

-stakemintime=<n>Set the min. stake input block chain time in hours (default: 48 or testnet: 1)

-stakemindepth=<n>Set the min. stake input block chain depth in confirmations (default: follow -stakeminage)

-stakeminvalue=<n> Set the min. stake input value in coins (default: 1.0)

-stakecombine=<n>Try to combine inputs while staking up to this limit in coins (20 < n < 200; default: 20)

Also have  a look at post linked in first post of this thread: https://bitcointalk.org/index.php?topic=586674.msg7744291#msg7744291

[g1itch]

Explorer: http://cryptopool.at/explorer/ORB

[FractalUniverse]

Explorer: http://cryptopool.at/explorer/ORB

looking at it, its interesting how many blocks contain coin transactions.

[HD369]

Regarding mining in PoS, you have to put the orbitcoin.conf file somewhere or that was for PoW.

Just keep it running. If the tribar in the wallet's lower right corner glows yellow, it's staking.

I downloaded its blockchain and bought some ORB.
how to active that yellow triangle at bottom of right corner?
POS mining enabled but the triangle color does not shine.

edit:

It fixed automatically after few days.

[alexp301989]

I need some technical help with my Orbitcoin Digital wallet app I downloaded from this forum. It says that it is offline, not connected and I haven't found the option where I can toggle it back online. How do I connect my Orbitcoin digital wallet to the Orbitcoin Network.

[noise23]

I need some technical help with my Orbitcoin Digital wallet app I downloaded from this forum. It says that is is offline, not connected and I haven't found the option where I can toggle it back online. How do I connect my Orbitcoin digital wallet to the Orbitcoin Network.

Just keep it running for some time, should connect eventually.

[alexp301989]

I need some technical help with my Orbitcoin Digital wallet app I downloaded from this forum. It says that it is offline, not connected and I haven't found the option where I can toggle it back online. How do I connect my Orbitcoin digital wallet to the Orbitcoin Network.

It still isn't functioning properly

[crypto-dev]

I need some technical help with my Orbitcoin Digital wallet app I downloaded from this forum. It says that it is offline, not connected and I haven't found the option where I can toggle it back online. How do I connect my Orbitcoin digital wallet to the Orbitcoin Network.

It still isn't functioning properly

Add this to your .conf file
addnode=seed0.orbitcoin.org:15298
addnode=seed1.orbitcoin.org:15298

[alexp301989]

I need some technical help with my Orbitcoin Digital wallet app I downloaded from this forum. It says that it is offline, not connected and I haven't found the option where I can toggle it back online. How do I connect my Orbitcoin digital wallet to the Orbitcoin Network.

It still isn't functioning properly

Add this to your .conf file
addnode=seed0.orbitcoin.org:15298
addnode=seed1.orbitcoin.org:15298

where exactly is the .conf file located

[alexp301989]

I need some technical help with my Orbitcoin Digital wallet app I downloaded from this forum. It says that it is offline, not connected and I haven't found the option where I can toggle it back online. How do I connect my Orbitcoin digital wallet to the Orbitcoin Network.

It still isn't functioning properly

Add this to your .conf file
addnode=seed0.orbitcoin.org:15298
addnode=seed1.orbitcoin.org:15298

where exactly is the .conf file located

I created a .conf notepad file and placed it inside the data folder and added the two codes

[ghostlander]

I need some technical help with my Orbitcoin Digital wallet app I downloaded from this forum. It says that it is offline, not connected and I haven't found the option where I can toggle it back online. How do I connect my Orbitcoin digital wallet to the Orbitcoin Network.

It still isn't functioning properly

Add this to your .conf file
addnode=seed0.orbitcoin.org:15298
addnode=seed1.orbitcoin.org:15298

where exactly is the .conf file located

I created a .conf notepad file and placed it inside the data folder and added the two codes

It should be named orbitcoin.conf and placed inside the data subdir, or it won't be picked up. The wallet can learn about new peers from IRC unless you have blocked it.