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

[TheORBlord]

Love the coin what more can I say  
if you want a real currency you can spend on anything from Food to Gold, you want OrbitCoin!

[1714041087]

1714041087

[1714041087]

1714041087

[g0re79]

I agree that ORB has a tainted past - last I remember Redmist disappeared without exchanging coins mined on Mad_Max's fork. But you must also agree that ghostlander has given it new life, even if his replies are rather dry.

I'd never realised forgotten that the premine was actually 1 million ORB, or about 62% of the current supply. It would take something like 2 years to mine that today, and even longer when the block reward was only 0.25 ORB. That's a massive premine.

Has anyone traced the transactions from the first 10 blocks to see how it has been divided up?

Yes after a good half a year of personal attacks TheRedMist had a brake down,
but has returned to honoured the agreement you mentioned, as Ghostlander is currently paying people out for coins the mined on the wrong fork.

Wouldn't be possible if it wasn't for the advancement fund.

Who knows where ORB would be now if it wasn't for the scam developers/miners hating on this currency, a true currency with a noble goal,
we don't want only the elites to colonize space, but clearly ORB needs more support from the people to achieve our end goal of been the space reserve currency,

ORB has over 80 merchants/services here on Earth so far, we submit to Bitcoin been the world reserve currency of Earth, but ORB will have a presence on each planet as well as in space.

Well You created new account to insult me for saying truth? I did not even read it all, coz its shitload of crap (and wellcome to my ignore list, btw). I did not lost a single satoshi on ORB, in fact I made a nice profit on it. I was just disappointed with direction to which cryptoscene is heading, as this was one of first scams - yes, scam, because instead of admitting that math is flawed, redmist restlessly persuades everyone that it is superfine and we all are stupid. Only reason why he did not dumped his premine was because there was no place to dump it for reasonable price. Me and others succeded in arguing and forced others to stay out of this shit, by pure math and logic, no FUD. I don´t care where ORB is now, for me it is scam. If new devs are honest, I wish them all the best, but I will stay out of it.

[TheORBlord]

I agree that ORB has a tainted past - last I remember Redmist disappeared without exchanging coins mined on Mad_Max's fork. But you must also agree that ghostlander has given it new life, even if his replies are rather dry.

I'd never realised forgotten that the premine was actually 1 million ORB, or about 62% of the current supply. It would take something like 2 years to mine that today, and even longer when the block reward was only 0.25 ORB. That's a massive premine.

Has anyone traced the transactions from the first 10 blocks to see how it has been divided up?

Yes after a good half a year of personal attacks TheRedMist had a brake down,
but has returned to honoured the agreement you mentioned, as Ghostlander is currently paying people out for coins the mined on the wrong fork.

Wouldn't be possible if it wasn't for the advancement fund.

Who knows where ORB would be now if it wasn't for the scam developers/miners hating on this currency, a true currency with a noble goal,
we don't want only the elites to colonize space, but clearly ORB needs more support from the people to achieve our end goal of been the space reserve currency,

ORB has over 80 merchants/services here on Earth so far, we submit to Bitcoin been the world reserve currency of Earth, but ORB will have a presence on each planet as well as in space.

Well You created new account to insult me for saying truth? I did not even read it all, coz its shitload of crap (and wellcome to my ignore list, btw). I did not lost a single satoshi on ORB, in fact I made a nice profit on it. I was just disappointed with direction to which cryptoscene is heading, as this was one of first scams - yes, scam, because instead of admitting that math is flawed, redmist restlessly persuades everyone that it is superfine and we all are stupid. Only reason why he did not dumped his premine was because there was no place to dump it for reasonable price. Me and others succeded in arguing and forced others to stay out of this shit, by pure math and logic, no FUD. I don´t care where ORB is now, for me it is scam. If new devs are honest, I wish them all the best, but I will stay out of it.

I see so one of the first currencies with an advancement fund means it's a scam? yet you admit you made profit lmao...

I suggest you do read it all, but that would just prove how much of a troll you are....
yes TheRedMist did think everything was fine as he was scammed by the developer shakezula,, he even paid for a subsidy update to reach the 31 million as stated after finding out the truth, but shakezula scammed him twice it seems as Ghostlander says the subsidy update didn't work.

In any event how is it a scam? you still didn't answer that question as you don't have an answer,
simple fact is the funds was used in the advancement of ORB and it now has over 80 merchants/services from Food to Gold.

a scam would be if it was dumped or sold as an IPO, it wasn't it was given away to merchants/services/users/miners and what's left over is now in the hands of our new head of development.

PS, I am TheRedMist my first account on Bitcointalk....
you said I joined up only to insult you? where did I insult you? or did you take me calling you a dumping miner as an insult? truth hurts doesn't it lmao.

[Mario241077]

Red do not be angry, some will always know everything better, even though they know nothing !!!
They only speculate!

[TheORBlord]

Red do not be angry, some will always know everything better, even though they know nothing !!!
They only speculate!

Sometimes they just make me want to

[g0re79]

Red do not be angry, some will always know everything better, even though they know nothing !!!
They only speculate!

No speculations, pure facts. I was there, I was one of the ones who bring light to that "mist". Do some research before. I am not saying that its still scam with new dev, but it clearly and undoubtfully was before.

[Mario241077]

Red do not be angry, some will always know everything better, even though they know nothing !!!
They only speculate!

No speculations, pure facts. I was there, I was one of the ones who bring light to that "mist". Do some research before. I am not saying that its still scam with new dev, but it clearly and undoubtfully was before.

you have no evidence that Red has sold large amounts of ORB! Furthermore you only speculate. I've been watching for a long time ORB. From beginning to!

[CrazyLoaf]

Alright, I'm running into an error as I try to break up blocks.

Error: The transaction was rejected. This might happen if some of the coins in your wallet were already spent, such as if you used a copy of wallet.dat and coins were spent in the copy but not marked as spent here.

I was trying to rapidly break blocks like I've done in other coins. 20.1 coin size blocks (since I know there is a transaction fee, but I don't know how it works since I'm paying to myself). I doesn't make sense to do even 21 coin size blocks since then you have 5% of your coins not competing for stake, since blocks from sizes 20-50 aren't broken up. Same if you split to size 100 blocks. They will halve once to 50, but then you have an even larger chunk not staking ever.

Just trying to see how people are maximizing stake or if I'm trying to break down blocks incorrectly.

[almightyruler]

Error: The transaction was rejected. This might happen if some of the coins in your wallet were already spent, such as if you used a copy of wallet.dat and coins were spent in the copy but not marked as spent here.

I had a similar problem a few months ago.

Try running 'checkwallet' in the debug RPC console to see if it reports any found coins. If so, 'repairwallet' will do the actual repair.

You should be able to achieve the same result by starting the client with the -rescan commandline switch.

I was trying to rapidly break blocks like I've done in other coins. 20.1 coin size blocks (since I know there is a transaction fee, but I don't know how it works since I'm paying to myself).

Can't help you with the specifics of maximising PoS, but I should point out that the next person to mint a block will receive the fee for your transaction(s), which is not necessarily yourself.

[paulspider]

i downloaded win wallet 1.4.2.2 but after few minutes of sync it crashed.. after that, every time i open it it crash immediatly.. anyone can help me?

[ghostlander]

i downloaded win wallet 1.4.2.2 but after few minutes of sync it crashed.. after that, every time i open it it crash immediatly.. anyone can help me?

What does it say in the debug.log?

[Mario241077]

one other user reported also on me. just start a second time then it goes well.

[RedZeppelin]

i downloaded win wallet 1.4.2.2 but after few minutes of sync it crashed.. after that, every time i open it it crash immediatly.. anyone can help me?

What does it say in the debug.log?

Mine keeps crashing at block height 683828 refuses to sync further just crashes.

Problemsignatur:
  Problemhändelsens namn:   APPCRASH
  Programnamn:   orbitcoin-qt.exe
  Programversion:   1.4.2.2
  Programtidsstämpel:   53e9d61e
  Namn på felmodul:   orbitcoin-qt.exe
  Modulens version:   1.4.2.2
  Tidsstämpel för felmodul:   53e9d61e
  Undantagskod:   c0000005
  Undantagsförskjutning:   00026ba4
  OS-version:   6.1.7601.2.1.0.768.3
  Språkvariant-ID:   1053
  Ytterligare information 1:   0a9e
  Ytterligare information 2:   0a9e372d3b4ad19135b953a78882e789
  Ytterligare information 3:   0a9e
  Ytterligare information 4:   0a9e372d3b4ad19135b953a78882e789

Loading addresses...
Loaded 304 addresses from peers.dat  0ms
RandAddSeed() 215564 bytes
mapBlockIndex.size() = 683829
nBestHeight = 683828
setKeyPool.size() = 100
mapWallet.size() = 0
mapAddressBook.size() = 1
Done loading
refreshWallet
AddLocal([2001:0:5ef5:79fb:10ad:df8:a51f:d127]:15298,1)
ThreadDNSAddressSeed started
Loading addresses from DNS seeds (could take a while)
ThreadMapPort started
ThreadIRCSeed started
ThreadSocketHandler started
ThreadMessageHandler started
ThreadOpenConnections started
ThreadStakeMinter started
ThreadOpenAddedConnections started
Flushed 304 addresses to peers.dat  7ms
ipcThread started
IRC :pelican.heliacal.net NOTICE AUTH :*** Looking up your hostname...
IRC :pelican.heliacal.net NOTICE AUTH :*** Found your hostname
IRC SENDING: NICK x274616490

IRC SENDING: USER x274616490 8 * : x274616490

IRC :pelican.heliacal.net 001 x274616490 :Welcome to the LFNet Internet Relay Chat Network x274616490
IRC :pelican.heliacal.net 002 x274616490 :Your host is pelican.heliacal.net[173.246.103.92/6667], running version hybrid-7.2.3
IRC :pelican.heliacal.net 003 x274616490 :This server was created Jun 28 2011 at 14:26:11
IRC :pelican.heliacal.net 004 x274616490 pelican.heliacal.net hybrid-7.2.3 CDGabcdfgiklnorsuwxyz biklmnopstveI bkloveI
trying connection 89.175.172.115:15298 lastseen=8.6hrs
GetMyExternalIP() received [90.224.46.216] 90.224.46.216:0
GetMyExternalIP() returned 90.224.46.216
AddLocal(90.224.46.216:15298,5)
IRC SENDING: USERHOST x274616490

IRC :pelican.heliacal.net 302 x274616490 :x274616490=+x274616490@90.224.46.216
GetIPFromIRC() got userhost 90.224.46.216
GetIPFromIRC() returned 90.224.46.216
AddLocal(90.224.46.216:15298,4)
IRC SENDING: NICK u6787YX8hobqbVw

IRC SENDING: JOIN #orbitcoin00

IRC SENDING: WHO #orbitcoin00

IRC got join
IRC got who
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No valid UPnP IGDs found
4 addresses found from DNS seeds
ThreadDNSAddressSeed exited
connection timeout
trying connection 103.10.84.56:15298 lastseen=4.9hrs
connection timeout
trying connection 209.173.116.103:15298 lastseen=19.3hrs
connection timeout
trying connection 119.226.223.22:15298 lastseen=9.1hrs
connection timeout
trying connection 86.90.186.27:15298 lastseen=0.9hrs
connected 86.90.186.27:15298
send version message: version 60013, blocks=683828, us=90.224.46.216:15298, them=86.90.186.27:15298, peer=86.90.186.27:15298
trying connection 24.85.126.229:15298 lastseen=0.9hrs
connected 24.85.126.229:15298
send version message: version 60013, blocks=683828, us=90.224.46.216:15298, them=24.85.126.229:15298, peer=24.85.126.229:15298
Added time data, samples 2, offset -2 (+0 minutes)
receive version message: version 60013, blocks=873499, us=90.224.46.216:62737, them=24.85.126.229:15298, peer=24.85.126.229:15298
accepted alert 2, AppliesToMe()=0
ProcessSyncCheckpoint: pending for sync-checkpoint 78c090f3099269dad99e3ef9a5c321a237cc7d2e6497b8bcabb90dd1428a1913
trying connection 113.190.226.25:15298 lastseen=0.9hrs
received block 78c090f3099269dad99e
WARNING: ProcessBlock(): block 78c090f3099269dad99e3ef9a5c321a237cc7d2e6497b8bcabb90dd1428a1913 proof-of-stake check failed, try again later
Added 1 addresses from 24.85.126.229: 43 tried, 262 new
received block 00000004c64b23d35ef2
Leaving block file 1: CBlockFileInfo(blocks=311713, size=134217582, heights=372116..683828, time=2013-12-17..2014-05-31)
Unable to seek to position 2645910158 of C:\Users\RZ\AppData\Roaming\Orbitcoin\data\blocks\blk385218180.dat
connection timeout

[ghostlander]

Leaving block file 1: CBlockFileInfo(blocks=311713, size=134217582, heights=372116..683828, time=2013-12-17..2014-05-31)
Unable to seek to position 2645910158 of C:\Users\RZ\AppData\Roaming\Orbitcoin\data\blocks\blk385218180.dat
connection timeout

That's self-explanatory: your file system has got corrupted for whatever reason. Restore from a back-up or download data.7z (https://cryptocointalk.com/topic/929-orbitcoin-orb-information).

[Miner-TE]

I have setup a semi-private NOMP/MPOS ORB pool.  Looking for test users.

PM if interested.

[ghostlander]

I have setup a semi-private NOMP/MPOS ORB pool.  Looking for test users.

PM if interested.

Why a semi-private? There are a few ORB pools around already, and it isn't a difficult task to set up a pool for a Scrypt coin. Has your pool got any unique features/advantages?

[Miner-TE]

Semi-Private now as I go through the learning curve ...

I've never, and few have, been a pool operator. I don't know of any books or classes to take.    I'm still learning the system, database structure and problems that arise and how to deal with them.  Bitcoin (alts) have been a hobby of mine and it's something I've wanted to do for a long time. I finally got around to setting something up using NOMP and MPOS.

To put a public pool online ... I'd like to have proper hosting, separate systems for daemons, databases, stratum and the front-end web. All with proper security....  I'm currently using a few virtual machines to learn the ins and outs on a residential class Internet provider.

If anyone would like to mine Orbitcoin, Graincoin, Gamecoin, Fireflycoin, Teacoin or Zetacoin and can accept the learning curve of the operator. Send me a PM.  I only ask you to set your payout threshold low and don't leave a large balance.

At this time ...  Nothing unique to offer...  Sorry.

[ghostlander]

I see. Good luck with your pools. Never stop learning. "Once you stop learning, you start dying" (c) Einstein

I don't know if I ever mentioned this before, but this is what I was talking about when I was having issues with breaking the coin into blocks.

I was trying to break the coin into 20.1 ORB sized blocks. I noticed transaction fees, which is why I added the 0.1 ORB at the end.

Trying to rapidly break them down as I've done in other coins, I get this message:

"Error: The transaction was rejected. This might happen if some of the coins in your wallet were already spent, such as if you used a copy of wallet.dat and coins were spent in the copy but not marked as spent here."

I also noticed that for the blocks that did stake, the 1 ORB was added back to the block.

Now, I recall blocks smaller than 50 ORB will not split upon stake. I think stake is set at 9 for min age (is this in the OP?). That's 40.58 stake periods a year. 1/20 = 5%, so 203% per year. However, if it stakes at 1/50 = 2%, that's 81% per year. That's a wide range. Do blocks of size 50 and below combine for stakes in a way to optimize towards 203% vs the latter? Like say I have 10 blocks of 50 ORB. That's 500 ORB. Is the wallet "smart" and will try to stake that as 25 blocks of 20 ORB, or am I giving up a lot of stake?

What assurance do I have that, over several stake periods, I am closer to 203% vs 81%? If you break down to 20.1 ORB blocks and start staking, then your rate starts going down on every stake period as that block becomes larger and closer to 50 ORB. However, at 50.00000001 ORB, does it then split to 2 blocks of ~25 ORB, and then the declining interest rate continues again until it hits 50+ ORB?

There are no transaction fees for mature non-oversized inputs. Even if you pay something like 0.001 ORB, it goes straight to the miner of this new block. HBN, CAP, TEK and other high PoS coins always charge transaction fees and destroy them all.

The minimal staking age is 5 days for ORB. Small inputs (less than 20 ORB) need to get combined in order to stake. Large inputs (more than 50 ORB) get split in the process. Of course, you can manage your inputs manually after staking like splitting 21 into 20 + 1 and merging the latter parts into new large inputs 20 ORB each. Some people do. It's time consuming, also doesn't give much actual advantage because larger inputs stake faster than smaller ones. It will be irrelevant some day with the PoS difficulty rising and 20 ORB inputs hitting maximal age (20 days) unstaked more and more often.

[ghostlander]

I have advised you previously to split large inputs into a few addresses for staking. It's much faster.

The average staking period depends on the network difficulty and time spent online by your wallet. You can check with a block explorer for particular input values and calculate the average.

If you don't interfere with the splitting & combining process, your wallet should have inputs of average size (50 + 25) / 2 = 37.5 ORB. Let's assume they stake in 10 days. That's about 100% interest per year without any compound. It's going to be higher because this average input will be split at some point at least once and continue to stake independently.

[ghostlander]

That's an excellent news to see the 2nd payment processor supporting Orbitcoin. Thanks, Mario!