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flex65
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May 14, 2014, 05:43:56 AM |
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resuming ))) all pays correct $) |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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jaayruu
Member
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Activity: 84
Merit: 10
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May 14, 2014, 05:51:27 AM |
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after what block does the POS phase kick in? im having trouble finding it
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fullhouse
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May 14, 2014, 05:52:41 AM |
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If confidence dips, so too does the supply, if confidence and holding are high, it's rewarded
that's good
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gysca
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May 14, 2014, 05:58:59 AM |
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after what block does the POS phase kick in? im having trouble finding it
PoS already kick in. Download latest wallet, sync, let your coin in your wallet. minimum age stake 8 hour. check blue logo VeriCoin in bottom right yout wallet. |
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effectsToCause (OP)
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May 14, 2014, 06:15:48 AM |
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after what block does the POS phase kick in? im having trouble finding it
PoS is active, PoW ends at block 20160. |
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testbug
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May 14, 2014, 06:16:06 AM |
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resuming ))) all pays correct $) Maybe your payout treshold was set to low? But i was testing it yesterday and it was fine for me. Same to copychicken. regarding the "old" 107. pool payout round: i payed out again to some miners. Please stay tuned on my op, i am still updateing it. https://bitcointalk.org/index.php?topic=602041.msg6694313#msg6694313Greetings and happy mineing, testbug |
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effectsToCause (OP)
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May 14, 2014, 06:17:25 AM |
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If confidence dips, so too does the supply, if confidence and holding are high, it's rewarded
that's good
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pnosker
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May 14, 2014, 06:34:28 AM |
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We just hit block 10080 which marks half way through the PoW phase. Congratulations! So far this coin has been an incredible journey. From what was a good idea to testing for over a month on a closed network to finally launching. Then getting miners, minor forks (now resolved), pools up, block explorer, listed on exchanges, etc. What a ride!
Today also marked the first meeting of the VeriCoin Multipool team. We have started designing the multipool for the PoS phase. We will be implementing Scrypt, Scrypt-N, X11, and hopefully SHA-256 algorithms so you can point your miner at the server and get paid out in VeriCoin even after the PoW phase ends. This will help to ensure there is constant buy pressure for the coin, provide a profitable way for you to use your miners, and will be a source of community.
We haven't decided the structure of fees yet, but it will be relatively low (comparable to other multipools) yet feature a significant percentage donation towards the soon-to-be formed VeriCoin Foundation (supporting VeriCoin outreach, development, and charities of choice) as well as a funding source for a VeriCoin buy wall suppport. It will be both a beautiful multipool system as well as one that works to make you the most coin for your hashes.
We have some other neat things up our sleeves that will really set VeriCoin apart from the others. You will be hearing about them in the coming days/weeks/months.
Now, here's what you've all been waiting for: Specifics on the 1/2 way block.
02:23:40 AM EST

"blocks" : 10080,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" :
"proof-of-work" : 87.14805907,
"proof-of-stake" : 0.01623687,
"blockvalue" : 250000000000,
"netmhashps" : 9357.45159060,
"netstakeweight" : 358869.09079662,
"blockhash" : 00000000023212158c4a50727711ffc9ddbcb246e7c34e8a6668c49aad3b5390,
There are 9,357 Gigahashes/second mining VeriCoin. That's incredible. The coin is only just 4 days and almost 2 hours old (the first block was mined by an an unknown miner at ~12:30 AM EST). Just for reference, the AMD R9 290x hashes at around 900 kilohashes/second. This is like pointing over 10,000 top AMD graphics cards at Vericoin and mining it.
In addition, the network stake weight is 337,208 providing an interest rate of 1.58646%, perfectly on track with our projections.
Mining will be over in approximately 4 days. The reason mining is going to be ending earlier than the originally projected 14 days is because the blocktime is shorter than expected (1 minute). This is due to a few reasons. One of which is the wildly varying hashrates causing blocks to be found faster before difficulty can adjust. Another reason is because many holders are staking their wallets allowing Proof of Stake blocks to occur. This is a great thing. One other side effect is that it will reduce total coin supply significantly. Because PoS blocks contain much less total coin, the total amount of coin is now projected to be 14025412.54974229 [total supply] * (20160 [last block of PoW]/10089 [block at which the supply existed]) = = 28,025,802.1 coins. That's far less than the 50,000,000 originally predicted. That's great news for you miners and those that are able to buy in early.
We're at the point where the world is starting to take notice of VeriCoin. Hold onto your seat belts. It's going to be a pretty fun ride to Mars.
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Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
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insanedumps
Member
Offline
Activity: 84
Merit: 10
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May 14, 2014, 07:32:35 AM |
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hello , the community
I have speak a lot of time yesterday with testbug , one of the owner of PoH pool
I have a stuck wallet with database error on syncing always at the same block
I think i have Forked + Good coin on the same wallet or something like that
The amount on this wallet is near 730k
We have tried all the way yesterday
backup of wallet.dat + delete all other files
but always database error after 4000 blocks of sync
Testbug said to me there is a other way to fix with private key or something like that
I don't know how to do i need assistance
regards , and sorry for my bad english : /
i'm on irc channel
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copychicken
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May 14, 2014, 08:21:20 AM |
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hello , the community
I have speak a lot of time yesterday with testbug , one of the owner of PoH pool
I have a stuck wallet with database error on syncing always at the same block
I think i have Forked + Good coin on the same wallet or something like that
The amount on this wallet is near 730k
We have tried all the way yesterday
backup of wallet.dat + delete all other files
but always database error after 4000 blocks of sync
Testbug said to me there is a other way to fix with private key or something like that
I don't know how to do i need assistance
regards , and sorry for my bad english : /
i'm on irc channel
i can help you, i am with testbug... pm me |
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flex65
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May 14, 2014, 09:30:02 AM |
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hello , the community
I have speak a lot of time yesterday with testbug , one of the owner of PoH pool
I have a stuck wallet with database error on syncing always at the same block
I think i have Forked + Good coin on the same wallet or something like that
The amount on this wallet is near 730k
We have tried all the way yesterday
backup of wallet.dat + delete all other files
but always database error after 4000 blocks of sync
Testbug said to me there is a other way to fix with private key or something like that
I don't know how to do i need assistance
regards , and sorry for my bad english : /
i'm on irc channel
thats my story with BTCTalkCoin just try to start wallet on another PC |
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johndec2
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May 14, 2014, 09:30:29 AM |
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I'm getting runtime errors again. Tried on 2 computers, same thing. W7 x64. It started this morning when I woke up and saw sync was stalled at 912 blocks. Downloaded latest wallet, deleted everything, re-synched and all fine until I reinstall the original wallet.dat. Then I get "cant open database file wallet.dat, error -30974"
Corrupted wallet.dat file? If so, how do I fix it?
EDIT: It runs and syncs fine for about 2 minutes before I get the runtime error. Tried "repairwallet" but didn't help. I think I need to export my private key to another wallet but not sure how to do it.
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insanedumps
Member
Offline
Activity: 84
Merit: 10
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May 14, 2014, 09:57:36 AM |
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I'm getting runtime errors again. Tried on 2 computers, same thing. W7 x64. It started this morning when I woke up and saw sync was stalled at 912 blocks. Downloaded latest wallet, deleted everything, re-synched and all fine until I reinstall the original wallet.dat. Then I get "cant open database file wallet.dat, error -30974"
Corrupted wallet.dat file? If so, how do I fix it?
EDIT: It runs and syncs fine for about 2 minutes before I get the runtime error. Tried "repairwallet" but didn't help. I think I need to export my private key to another wallet but not sure how to do it.
same problem here i'm going to test some tricks given by copychicken to solve it more information this evening |
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johndec2
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May 14, 2014, 10:11:37 AM |
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Glad I'm not the only one  Devs?? Another fix? |
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Metastable7
Newbie
Offline
Activity: 34
Merit: 0
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May 14, 2014, 10:18:05 AM |
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I am also having the same problem  |
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insanedumps
Member
Offline
Activity: 84
Merit: 10
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May 14, 2014, 10:45:25 AM |
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actually trying with dumpkey / import key trick
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johndec2
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May 14, 2014, 10:45:59 AM |
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Do you guys have a lot of PoS stakes in your transaction log that are showing as mined but not accepted? I think that may have something to do with it? An empty wallet works fine...
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johndec2
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May 14, 2014, 10:46:51 AM |
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More info please. actually trying with dumpkey / import key trick
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insanedumps
Member
Offline
Activity: 84
Merit: 10
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May 14, 2014, 10:48:07 AM |
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Do you guys have a lot of PoS stakes in your transaction log that are showing as mined but not accepted? I think that may have something to do with it? An empty wallet works fine...
yes i have mined stack block with ! instead of confirm |
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