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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1341743 times)
effectsToCause
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October 17, 2016, 02:12:15 PM
 #18401

Hey guys found root of the problem, 1.6.5.2 change in stake splitting was too aggressive for the number of actual staking inputs on the network currently, so coins are being staked too fast and then sitting for maturity and this is destabilizing blockrate which destabilizes difficulty and caused forking.  1.6.5.3 will be released today with good stake splitting parameters and longest chain will be connected to automatically when the wallet finds a node on it once the blocktime is equilibrated, or you can reload blockchain to get on longest chain quickly.
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October 17, 2016, 02:33:31 PM
 #18402

Hey guys found root of the problem, 1.6.5.2 change in stake splitting was too aggressive for the number of actual staking inputs on the network currently, so coins are being staked too fast and then sitting for maturity and this is destabilizing blockrate which destabilizes difficulty and caused forking.  1.6.5.3 will be released today with good stake splitting parameters and longest chain will be connected to automatically when the wallet finds a node on it once the blocktime is equilibrated, or you can reload blockchain to get on longest chain quickly.

Thanks for the update!

_@/'
effectsToCause
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October 17, 2016, 04:19:43 PM
 #18403

Ok 1.6.5.3 is available for all OSes but mac, which will be available soon.  New bootstrap is also available if you want to do reload blockchain and sync up quickly.
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October 17, 2016, 07:23:25 PM
 #18404

Hey guys found root of the problem, 1.6.5.2 change in stake splitting was too aggressive for the number of actual staking inputs on the network currently, so coins are being staked too fast and then sitting for maturity and this is destabilizing blockrate which destabilizes difficulty and caused forking.  1.6.5.3 will be released today with good stake splitting parameters and longest chain will be connected to automatically when the wallet finds a node on it once the blocktime is equilibrated, or you can reload blockchain to get on longest chain quickly.

where is verium?  wasn't that coin suppose to help power VRC through in such an event as this?
effectsToCause
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October 17, 2016, 07:47:51 PM
 #18405

Hey guys found root of the problem, 1.6.5.2 change in stake splitting was too aggressive for the number of actual staking inputs on the network currently, so coins are being staked too fast and then sitting for maturity and this is destabilizing blockrate which destabilizes difficulty and caused forking.  1.6.5.3 will be released today with good stake splitting parameters and longest chain will be connected to automatically when the wallet finds a node on it once the blocktime is equilibrated, or you can reload blockchain to get on longest chain quickly.

where is verium?  wasn't that coin suppose to help power VRC through in such an event as this?

Their consensus is not paired yet but it's being worked on
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October 17, 2016, 08:20:48 PM
 #18406

mac 1.6.5.3 is now available
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October 18, 2016, 12:00:17 AM
 #18407

so... basicly you just forked yourself well over 1.7 million extra vrc...   




oh, that is rich...... 

"hey everybody... just ignore this >100btc transfer to my wallet... "






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October 18, 2016, 01:54:52 AM
 #18408

so... basicly you just forked yourself well over 1.7 million extra vrc...    
oh, that is rich......  

"hey everybody... just ignore this >100btc transfer to my wallet... "
Ignore? They made it public themselfs. https://www.vericoinforums.com/threads/endowment-stake.1456/

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What do you guys think we should about this massive stake, keep it in endowment or something else?

What is your idea?

_@/'
L.H. Mysterieux
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October 18, 2016, 06:46:20 AM
 #18409

   we are not veri amused by this.

the only 1s n crypto whos givn $. not asked for it
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October 18, 2016, 08:46:52 AM
 #18410

What is your idea?


1st... I would ask what would satoshi do?



2nd... idk... maybehhhh something like recommend to stop generating?








and then fix your ship.















https://bitcointalk.org/index.php?topic=823.msg9548#msg9548
 Roll Eyes
effectsToCause
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October 18, 2016, 05:04:54 PM
 #18411

new wallet pushed out 1.6.5.4
checkpoints for mainchain added, new bootstrap, more stake splitting to prevent this from hapenning again hopefully.  Will explain in detail once we get network back strong again.  Also added supernode so it's easier for everyone to get chain going again.  Will hold vote on forums with what to do with extra endow funds that were staked during this.  After network is strong again
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October 18, 2016, 05:56:17 PM
 #18412

DEAD
SHIT
SCAM
COIN
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October 18, 2016, 06:04:48 PM
 #18413

 Will hold vote on forums with what to do with extra endow funds that were staked during this.  After network is strong again



ELi5.... "...we will talk about this after we have secured our ill-gotten gains."
effectsToCause
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October 18, 2016, 06:13:48 PM
 #18414

 Will hold vote on forums with what to do with extra endow funds that were staked during this.  After network is strong again



ELi5.... "...we will talk about this after we have secured our ill-gotten gains."

This was unintentional, will happily burn them.
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October 18, 2016, 06:18:58 PM
 #18415

and all the other coins that were created b/c of your update that broke the network?


effectsToCause
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October 18, 2016, 06:24:45 PM
 #18416

and all the other coins that were created b/c of your update that broke the network?




They all followed protocol, our wallet is exception because we had very large wallet and oppurtunity to stake that large amount others didn't. It's an incentive to keep network going, but it's too high in certain cases, so in future will prevent this kind of stake, in our extreme situation.
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October 18, 2016, 06:42:43 PM
 #18417


  

This was unintentional



we do find this doubtful...

the only 1s n crypto whos givn $. not asked for it
effectsToCause
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October 18, 2016, 06:55:53 PM
 #18418


  

This was unintentional



we do find this doubtful...

As you wish, I've only been around for 2+ years upgrading the protocol and decentralizing the whole system, why would I now try and pull some easily visible scam, it doesn't make any sense.  I understand in crypto the knee jerk reaction is to claim scam, but if I was a scammer you wouldn't know my real name and I never would have done hangouts.  How many times when there is a problem or mistake do I have to try to convince people this isn't a scam, think about it a bit.  The whole point of a public database is you can see the transactions and in this case you know who owns it, it's obviously not a trick.  Additionally I posted about it before anyone else knew about it and it was clear it was not an orphan: https://www.vericoinforums.com/threads/endowment-stake.1456/  Go burn some other witch, there are many.
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October 18, 2016, 10:45:21 PM
 #18419


  

This was unintentional



we do find this doubtful...
This was quite obviously a specific unforseen issue which the developers have been quick to identify and work on solutions.  For those who don't know, many other coins including Bitcoin have gone through similar issues with new wallet releases.  Shooting from the hip with accusations is a waste of your energy and my time.
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October 18, 2016, 11:34:24 PM
 #18420


  

This was unintentional



we do find this doubtful...
This was quite obviously a specific unforseen issue which the developers have been quick to identify and work on solutions.  For those who don't know, many other coins including Bitcoin have gone through similar issues with new wallet releases.  Shooting from the hip with accusations is a waste of your energy and my time.

Agreed. Quite satisfactory and glitches are to be expected. Dealt with as fairly as possible.

A bit of accusation or trolling is a good sign. Gets attention, and all publicity is good. Bring on more.
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