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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1355397 times)
effectsToCause (OP)
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VeriCoin & Verium Creator/Developer


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November 03, 2016, 07:52:48 PM
 #18461

Hey Guys,

Update on network condition:

So it turns out the VeriFund now has most of the coins of many previous stakers. Because of this we had to change the parameters for the VeriFund staking to accommodate so many stakes going through us and still properly distributing the consensus in the network over time. It turns out the parameters we had while they worked well for the old network dynamic, they don't work great for the new dynamic where many former stakers coins, we are staking. We now have the verifund with the right parameters to continuously stake while maintaining a fair share of the consensus. After some testing with these parameters we will release a new wallet generally that has these same parameters. They are a new more general purpose set of parameters that don't depend on certain network conditions like we had in the past. Since the network consensus dynamic changed post ICO this issue presented itself. It seems we have it all ironed out now and will continue to test these new more general stake parameters. So if all goes well we won't see the kind of network issue like this again. Also the parameters being too specific to the old network dynamic was a bit of a surprise to us which is why we had issues with the last update and why it's taken a little time to get the new more generally applicable parameters ironed out.
"There should not be any signed int. If you've found a signed int somewhere, please tell me (within the next 25 years please) and I'll change it to unsigned int." -- Satoshi
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souljah1h
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November 03, 2016, 09:46:01 PM
 #18462

Quoting this again for visibility since it was the last post on the previous page.

Hey Guys,

Update on network condition:

So it turns out the VeriFund now has most of the coins of many previous stakers. Because of this we had to change the parameters for the VeriFund staking to accommodate so many stakes going through us and still properly distributing the consensus in the network over time. It turns out the parameters we had while they worked well for the old network dynamic, they don't work great for the new dynamic where many former stakers coins, we are staking. We now have the verifund with the right parameters to continuously stake while maintaining a fair share of the consensus. After some testing with these parameters we will release a new wallet generally that has these same parameters. They are a new more general purpose set of parameters that don't depend on certain network conditions like we had in the past. Since the network consensus dynamic changed post ICO this issue presented itself. It seems we have it all ironed out now and will continue to test these new more general stake parameters. So if all goes well we won't see the kind of network issue like this again. Also the parameters being too specific to the old network dynamic was a bit of a surprise to us which is why we had issues with the last update and why it's taken a little time to get the new more generally applicable parameters ironed out.

If you have some spare time and own a steemit account, give this post some love! https://steemit.com/verium/@birty/cpu-mining-is-back-a-complete-how-to-guide-and-profit-analysis-for-verium-mining-on-a-farm-of-single-board-computers-part-1

_@/'
RJF19
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November 04, 2016, 02:18:07 AM
 #18463

Quoting this again for visibility since it was the last post on the previous page.

Hey Guys,

Update on network condition:

So it turns out the VeriFund now has most of the coins of many previous stakers. Because of this we had to change the parameters for the VeriFund staking to accommodate so many stakes going through us and still properly distributing the consensus in the network over time. It turns out the parameters we had while they worked well for the old network dynamic, they don't work great for the new dynamic where many former stakers coins, we are staking. We now have the verifund with the right parameters to continuously stake while maintaining a fair share of the consensus. After some testing with these parameters we will release a new wallet generally that has these same parameters. They are a new more general purpose set of parameters that don't depend on certain network conditions like we had in the past. Since the network consensus dynamic changed post ICO this issue presented itself. It seems we have it all ironed out now and will continue to test these new more general stake parameters. So if all goes well we won't see the kind of network issue like this again. Also the parameters being too specific to the old network dynamic was a bit of a surprise to us which is why we had issues with the last update and why it's taken a little time to get the new more generally applicable parameters ironed out.

If you have some spare time and own a steemit account, give this post some love! https://steemit.com/verium/@birty/cpu-mining-is-back-a-complete-how-to-guide-and-profit-analysis-for-verium-mining-on-a-farm-of-single-board-computers-part-1

How will this change effect the real world generation of coins using the staking wallet?


Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time. Thomas A. Edison
Cryptonite310
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November 04, 2016, 05:59:11 AM
 #18464

Quoting this again for visibility since it was the last post on the previous page.

Hey Guys,

Update on network condition:

So it turns out the VeriFund now has most of the coins of many previous stakers. Because of this we had to change the parameters for the VeriFund staking to accommodate so many stakes going through us and still properly distributing the consensus in the network over time. It turns out the parameters we had while they worked well for the old network dynamic, they don't work great for the new dynamic where many former stakers coins, we are staking. We now have the verifund with the right parameters to continuously stake while maintaining a fair share of the consensus. After some testing with these parameters we will release a new wallet generally that has these same parameters. They are a new more general purpose set of parameters that don't depend on certain network conditions like we had in the past. Since the network consensus dynamic changed post ICO this issue presented itself. It seems we have it all ironed out now and will continue to test these new more general stake parameters. So if all goes well we won't see the kind of network issue like this again. Also the parameters being too specific to the old network dynamic was a bit of a surprise to us which is why we had issues with the last update and why it's taken a little time to get the new more generally applicable parameters ironed out.

If you have some spare time and own a steemit account, give this post some love! https://steemit.com/verium/@birty/cpu-mining-is-back-a-complete-how-to-guide-and-profit-analysis-for-verium-mining-on-a-farm-of-single-board-computers-part-1
Woah, that was a good read post there on SteemIt. That's all going to pay off one day.
Mogul59
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November 04, 2016, 06:06:16 AM
 #18465

quickly devalued coin
souljah1h
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November 04, 2016, 02:18:30 PM
 #18466

quickly devalued coin
$ value is what matters, not the satoshi price.

_@/'
L.H. Mysterieux
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November 04, 2016, 02:58:41 PM
 #18467


$ value is what matters, not the satoshi price.

it would seem that not everyone agrees with you on that.


but the network has to work and be trusted first if you want any value fiat or satoshi.

both of those things are debatable at this time.
souljah1h
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November 04, 2016, 03:02:13 PM
 #18468


$ value is what matters, not the satoshi price.


not everyone will agree with you on that.
I can imagine, the world would not be fun if everyone agreed on everything Cheesy

_@/'
RJF19
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November 04, 2016, 03:35:59 PM
 #18469

Quoting this again for visibility since it was the last post on the previous page.

Hey Guys,

Update on network condition:

So it turns out the VeriFund now has most of the coins of many previous stakers. Because of this we had to change the parameters for the VeriFund staking to accommodate so many stakes going through us and still properly distributing the consensus in the network over time. It turns out the parameters we had while they worked well for the old network dynamic, they don't work great for the new dynamic where many former stakers coins, we are staking. We now have the verifund with the right parameters to continuously stake while maintaining a fair share of the consensus. After some testing with these parameters we will release a new wallet generally that has these same parameters. They are a new more general purpose set of parameters that don't depend on certain network conditions like we had in the past. Since the network consensus dynamic changed post ICO this issue presented itself. It seems we have it all ironed out now and will continue to test these new more general stake parameters. So if all goes well we won't see the kind of network issue like this again. Also the parameters being too specific to the old network dynamic was a bit of a surprise to us which is why we had issues with the last update and why it's taken a little time to get the new more generally applicable parameters ironed out.

If you have some spare time and own a steemit account, give this post some love! https://steemit.com/verium/@birty/cpu-mining-is-back-a-complete-how-to-guide-and-profit-analysis-for-verium-mining-on-a-farm-of-single-board-computers-part-1


How will this change effect the real world generation of coins using the staking wallet?




Never mind, I get it now, should have just read the post!  Grin


Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time. Thomas A. Edison
souljah1h
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November 04, 2016, 04:08:47 PM
 #18470

Quoting this again for visibility since it was the last post on the previous page.

Hey Guys,

Update on network condition:

So it turns out the VeriFund now has most of the coins of many previous stakers. Because of this we had to change the parameters for the VeriFund staking to accommodate so many stakes going through us and still properly distributing the consensus in the network over time. It turns out the parameters we had while they worked well for the old network dynamic, they don't work great for the new dynamic where many former stakers coins, we are staking. We now have the verifund with the right parameters to continuously stake while maintaining a fair share of the consensus. After some testing with these parameters we will release a new wallet generally that has these same parameters. They are a new more general purpose set of parameters that don't depend on certain network conditions like we had in the past. Since the network consensus dynamic changed post ICO this issue presented itself. It seems we have it all ironed out now and will continue to test these new more general stake parameters. So if all goes well we won't see the kind of network issue like this again. Also the parameters being too specific to the old network dynamic was a bit of a surprise to us which is why we had issues with the last update and why it's taken a little time to get the new more generally applicable parameters ironed out.

If you have some spare time and own a steemit account, give this post some love! https://steemit.com/verium/@birty/cpu-mining-is-back-a-complete-how-to-guide-and-profit-analysis-for-verium-mining-on-a-farm-of-single-board-computers-part-1


How will this change effect the real world generation of coins using the staking wallet?




Never mind, I get it now, should have just read the post!  Grin


That helps!  Grin

_@/'
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November 04, 2016, 07:52:17 PM
 #18471

Quoting this again for visibility since it was the last post on the previous page.

Hey Guys,

Update on network condition:

So it turns out the VeriFund now has most of the coins of many previous stakers. Because of this we had to change the parameters for the VeriFund staking to accommodate so many stakes going through us and still properly distributing the consensus in the network over time. It turns out the parameters we had while they worked well for the old network dynamic, they don't work great for the new dynamic where many former stakers coins, we are staking. We now have the verifund with the right parameters to continuously stake while maintaining a fair share of the consensus. After some testing with these parameters we will release a new wallet generally that has these same parameters. They are a new more general purpose set of parameters that don't depend on certain network conditions like we had in the past. Since the network consensus dynamic changed post ICO this issue presented itself. It seems we have it all ironed out now and will continue to test these new more general stake parameters. So if all goes well we won't see the kind of network issue like this again. Also the parameters being too specific to the old network dynamic was a bit of a surprise to us which is why we had issues with the last update and why it's taken a little time to get the new more generally applicable parameters ironed out.

If you have some spare time and own a steemit account, give this post some love! https://steemit.com/verium/@birty/cpu-mining-is-back-a-complete-how-to-guide-and-profit-analysis-for-verium-mining-on-a-farm-of-single-board-computers-part-1


How will this change effect the real world generation of coins using the staking wallet?




Never mind, I get it now, should have just read the post!  Grin


That helps!  Grin

With so many threads to keep up with, sometimes I just get lazy. Have to work on that...


Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time. Thomas A. Edison
bitChipper
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November 04, 2016, 08:44:18 PM
 #18472

Sad having some issues with the wallet again, apr jumped way up to 42%...

file menu-> reload blockchain

I have reloaded the chain twice and it loads the wrong balance into my wallet, about half of my coins are not showing up.

When I try to scan the wallet I get an error.....

souljah1h
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November 04, 2016, 11:19:30 PM
 #18473

Sad having some issues with the wallet again, apr jumped way up to 42%...

file menu-> reload blockchain

I have reloaded the chain twice and it loads the wrong balance into my wallet, about half of my coins are not showing up.

When I try to scan the wallet I get an error.....


File Menu > Rescan Wallet should bring back your coins. Can you paste the error message here?

_@/'
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November 05, 2016, 01:46:49 AM
 #18474

Sad having some issues with the wallet again, apr jumped way up to 42%...

file menu-> reload blockchain

I have reloaded the chain twice and it loads the wrong balance into my wallet, about half of my coins are not showing up.

When I try to scan the wallet I get an error.....



Withdrawals disabled on Poloniex  Sad
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November 06, 2016, 08:53:01 AM
 #18475

Please vote for VeriCoin on  https://revex.co/

WordPress Themes That Empower 437,821 Customers.
http://www.elegantthemes.com/affiliates/idevaffiliate.php?id=40460
L.H. Mysterieux
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November 06, 2016, 04:25:22 PM
 #18476

sooo veribit......





we've been informed...


it's still broken.

thousands of vrc sent....

nothing happened.
wgd
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November 06, 2016, 05:06:28 PM
 #18477

when he launched a marketing campaign?  Roll Eyes


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krile
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November 06, 2016, 06:06:17 PM
 #18478

I am on some sort of fork with my node.

Any hint on how to get back on the main one (without a total resync)?

Nodes providing new blocks are banned from my side.

Code:
ERROR: CheckProofOfStake() : INFO: check kernel failed on coinstake 51ee98decc33e665e80ba099820b761d683bbcb81cea4430df5e0c0a1bf5a165, hashProof=0002e09324543f60cc0c23fc280d88d683ceff14e4facb1bd3f87d75b55e18d0
WARNING: ProcessBlock(): check proof-of-stake failed for block 47eef398491e35cf225f5d37b90eb06dfb72fe3d2c55011489b5c28c6bb8d9ab
received block 6820fb6fd30c6ca972bd
Misbehaving: 124.150.48.16:58684 (0 -> 1)
received block 801c816e4043f444e71c
ProcessBlock: ORPHAN BLOCK, prev=be34c0cb333e621d4a8a
Misbehaving: 124.150.48.16:58684 (1 -> 2)

My height is 1439093, network height (according to this) is 1445345.

Anyone else experiencing this?


Edit: My version:
Code:
"version" : "v1.6.5.5",
    "protocolversion" : 70007,
    "walletversion" : 60000,

souljah1h
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November 06, 2016, 11:57:58 PM
 #18479

sooo veribit......





we've been informed...


it's still broken.

thousands of vrc sent....

nothing happened.

Veribit is working properly. Are you using the latest client? Are you on the right block?

If you are still having problems, please report to vericoin@vericoin.info with details.

_@/'
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November 07, 2016, 12:01:45 AM
Last edit: November 07, 2016, 12:48:13 AM by souljah1h
 #18480

I am on some sort of fork with my node.

Any hint on how to get back on the main one (without a total resync)?

Nodes providing new blocks are banned from my side.

Code:
ERROR: CheckProofOfStake() : INFO: check kernel failed on coinstake 51ee98decc33e665e80ba099820b761d683bbcb81cea4430df5e0c0a1bf5a165, hashProof=0002e09324543f60cc0c23fc280d88d683ceff14e4facb1bd3f87d75b55e18d0
WARNING: ProcessBlock(): check proof-of-stake failed for block 47eef398491e35cf225f5d37b90eb06dfb72fe3d2c55011489b5c28c6bb8d9ab
received block 6820fb6fd30c6ca972bd
Misbehaving: 124.150.48.16:58684 (0 -> 1)
received block 801c816e4043f444e71c
ProcessBlock: ORPHAN BLOCK, prev=be34c0cb333e621d4a8a
Misbehaving: 124.150.48.16:58684 (1 -> 2)

My height is 1439093, network height (according to this) is 1445345.

Anyone else experiencing this?


Edit: My version:
Code:
"version" : "v1.6.5.5",
    "protocolversion" : 70007,
    "walletversion" : 60000,
Click the File Menu > and click "Reload Blockchain"

If balance is not showing correct after using Reload Blockchain, use File Menu > "Rescan Wallet"

Now compare the block height again. Is it showing correctly? For more info visit this thread https://www.vericoinforums.com/threads/please-make-sure-you-are-on-the-right-block-guide.1479/

_@/'
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