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

[joessj4]

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

[1713961636]

1713961636

[1713961636]

1713961636

[1713961636]

1713961636

[TvZ]

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) 

[daberti]

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

[ghostlander]

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.

[daberti]

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.

[almightyruler]

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.

[daberti]

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
Deeply convinced

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?  

[TvZ]

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

[daberti]

Huge thanks

[bluebox]

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.

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

[daberti]

How many ORBs are left from the original (limited) supply?

[ermaxinc]

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

No, thanks...

[bluebox]

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

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.

[TvZ]

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

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]

People wasting their time on a shitcoin.

How productive. There are thousand better opportunities.

[wildbud]

If 500% annual staking rate would be realistic it would be fairy tale

[FractalUniverse]

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

[FractalUniverse]

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

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
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]

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! 

[daberti]

I've one block of 100 ORBs that has reached 951 confirmations and has weight=31
When will it be likely to begin stackin'?

TIA