zarton
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July 31, 2014, 12:39:06 PM |
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I put my miner to work in Techcoin, I'm hashing right now. Thanks guys for all the hard work, hope we can fix this mess soon.
Block 5101
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uaivj
Member
Offline
Activity: 63
Merit: 10
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July 31, 2014, 12:54:16 PM |
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Another staking question. Is it the total number of coins staked that helps the blockchain move or is it the number of wallets staking coins or a combination of both?
Hypothetically if I stake 10% of the total coins created would that cause a dramatic increase in the number of blocks that get generated?
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uaivj
Member
Offline
Activity: 63
Merit: 10
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July 31, 2014, 01:03:09 PM |
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I sent some coins from bittrex to one of my wallets.
Bittrex gave me this TXid: 822045cf749b02a06308c0e176e4034dd395ac9666f350153c682f55246b0d47 but the block explorer yields no results when I enter that TXid, and the coins have not showed up in my wallet. Did we fork? Is Bittrex on the right fork?
I just received confirmation from Bittrex that they've updated their wallet about 5 hours ago. did you search your address on the block explorer? happened to me earlier that I couldn't find it, but magically showed up hours later. checked block explorer again, not there. I think I sent them before Bittrex did the upgrade. Oh, well it was only 100 coins Email Bittrex support. The coins just showed up. That was a test to see if things were working smoothly. I was going to move more coins to stake but I'm a bit hesitant now.
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sixteendigits
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July 31, 2014, 02:21:49 PM |
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Nice, just downloaded the new wallet and I immediately mined 4 PoS blocks. It's moving now!
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edn247
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July 31, 2014, 03:00:29 PM |
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I sent some coins from bittrex to one of my wallets.
Bittrex gave me this TXid: 822045cf749b02a06308c0e176e4034dd395ac9666f350153c682f55246b0d47 but the block explorer yields no results when I enter that TXid, and the coins have not showed up in my wallet. Did we fork? Is Bittrex on the right fork?
Same thing happened to me. I sent a support ticket and it looks like they corrected the blockchain and re-sent my transaction because by morning it showed up in my wallet.
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edn247
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July 31, 2014, 03:04:06 PM |
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I sent some coins from bittrex to one of my wallets.
Bittrex gave me this TXid: 822045cf749b02a06308c0e176e4034dd395ac9666f350153c682f55246b0d47 but the block explorer yields no results when I enter that TXid, and the coins have not showed up in my wallet. Did we fork? Is Bittrex on the right fork?
I just received confirmation from Bittrex that they've updated their wallet about 5 hours ago. did you search your address on the block explorer? happened to me earlier that I couldn't find it, but magically showed up hours later. checked block explorer again, not there. I think I sent them before Bittrex did the upgrade. Oh, well it was only 100 coins Email Bittrex support. The coins just showed up. That was a test to see if things were working smoothly. I was going to move more coins to stake but I'm a bit hesitant now. My mistake was not checking https://www.bittrex.com/Status to see if they were on the same block as the block explorer. They weren't when I withdrew, so that was the problem but as long as they are on the same block as the BE it should be safe to withdraw now.
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edn247
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July 31, 2014, 03:17:41 PM Last edit: July 31, 2014, 04:33:55 PM by edn247 |
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Another staking question. Is it the total number of coins staked that helps the blockchain move or is it the number of wallets staking coins or a combination of both?
Hypothetically if I stake 10% of the total coins created would that cause a dramatic increase in the number of blocks that get generated?
It's sort of both. You can think of coins being staked as hashing power on a network, right now with a low difficulty small chunks of coins are able to stake easily, so there would be no real advantage to stake a huge amount of coins in one block. It makes more sense to break up the coins into smaller amounts (can be in the same wallet) so that they stake more often. Once difficulty increases there's more of a reason to stake larger chunks of coins since they will solve the blocks quicker than small amounts, like big hash power. If you want to see how the coins are stored, turn on coin control in the Display tab of the Options window and then go to the Send Coins tab and click on inputs, then in that window click on List mode. This list shows you how the coins are actually stored as "chunks" in the wallet. You can send coins to yourself to break up a big chunk or combine small chunks, but keep in mind that doing so resets the coin age, so you'll have to wait 12 blocks again to start staking. [edit] Checked the block explorer - looks like the PoS difficulty is starting to adjust! We might be fine without PoW!
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zarton
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July 31, 2014, 06:16:19 PM |
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the blocks are moving like a rocket we are at 5127 right now. Do you think we can stop mining or better if wait for a while?
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fonzerrellie
Legendary
Offline
Activity: 1190
Merit: 1000
Kaspa
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July 31, 2014, 06:25:53 PM |
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I sent some coins from bittrex to one of my wallets.
Bittrex gave me this TXid: 822045cf749b02a06308c0e176e4034dd395ac9666f350153c682f55246b0d47 but the block explorer yields no results when I enter that TXid, and the coins have not showed up in my wallet. Did we fork? Is Bittrex on the right fork?
Same thing happened to me. I sent a support ticket and it looks like they corrected the blockchain and re-sent my transaction because by morning it showed up in my wallet. I sent some to my wallet last night after I posted and they didn't show up till the blockchain started zipping along... and WoW it's really moving along now I've gotten a shwack of pos blocks since last night
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#Expanse $EXP 500 transactions 4 .1 EXP 1st Clone of ETH WAVES
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cecilbdemented
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July 31, 2014, 06:35:11 PM |
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the blocks are moving like a rocket we are at 5127 right now. Do you think we can stop mining or better if wait for a while? Have you successfully mined any PoW blocks? It doesn't look like any have been generated because the difficulty hasn't adjusted since the original end of PoW at block 5000. Whether or not you want to try to keep mining for a PoW block is up to you, remember they are 0 block rewards so you will only get transaction fees. Definitely keep staking though because the PoS blocks are what is moving the blockchain!
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zarton
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July 31, 2014, 07:02:13 PM |
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I didn't mined any PoW block, so I keep staking and stop the miner. Thanks.
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fonzerrellie
Legendary
Offline
Activity: 1190
Merit: 1000
Kaspa
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July 31, 2014, 07:34:45 PM |
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I didn't mined any PoW block, so I keep staking and stop the miner. Thanks.
how much HP sauce (hashpower) were you mining with? with the diff fairly high you'd prob need a bit to find one quickly
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#Expanse $EXP 500 transactions 4 .1 EXP 1st Clone of ETH WAVES
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evtrmm
Sr. Member
Offline
Activity: 392
Merit: 250
So much for "Community"
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July 31, 2014, 07:39:44 PM |
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finally getting some pos blocks here guys! I think it is about time to get some things moving. Right now will grab a nice fancy domain name.
anyone do web development, let us know.
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evtrmm
Sr. Member
Offline
Activity: 392
Merit: 250
So much for "Community"
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July 31, 2014, 08:16:09 PM |
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New Domain:
tech-co.in
Currently redirects to this forum. I will get hosting setup, and work with DEV once we have a designer.
I have also set aside a TECH Wallet for a development fund. The Address is: TNrCmRRjuLpEeKUo2y7GkQSCSY3JziDJBT
if you are interested in tipping myself or either of the developers, the addresses are in the OP.
My preference at this point is to build the fund so we can move forward with development.
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vectisitch
Legendary
Offline
Activity: 1927
Merit: 1004
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July 31, 2014, 08:48:56 PM |
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i kneww i was onto something when i kept my 1k tech. good job guys and much appreciated. lets get this thing moving
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vectisitch
Legendary
Offline
Activity: 1927
Merit: 1004
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July 31, 2014, 08:53:22 PM |
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i think i'm gonna buy some while their cheap
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fonzerrellie
Legendary
Offline
Activity: 1190
Merit: 1000
Kaspa
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July 31, 2014, 09:11:24 PM |
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25 TECH in the development fund from me If you guy's have some ideas for future "tech" for tech? I'd love to see a road map of some sort tweet tweet https://twitter.com/fonzerrellie/status/494943074884124673
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#Expanse $EXP 500 transactions 4 .1 EXP 1st Clone of ETH WAVES
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edn247
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August 01, 2014, 06:33:51 AM |
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i think i'm gonna buy some while they're cheap
I did! I am now officially as invested in this coin as the original dev was, as far as the premine goes. I bought 3000 coins on Bittrex, and I'm gradually putting them in an address that I pledge to keep staked (like the original premine should have been), as of this posting there are 2400. Since this is a community driven coin now and everyone involved either legit mined, earned or bought coins, it would be cool to have more pledges. I'll be adding mine to the OP once I transfer all the coins to the address, and anyone else that wants to pledge a portion of their bag to stake, search for the address you put the coins in on the block explorer and post a short link like this: 3000 TECH http://techblocks.chainworks.info:2750/a/TKsCScQtVWand I'll add you to the OP as an official supporter of the coin. Anyone can check the integrity of a pledge with a simple click. Probably best to put the coins you pledge in a separate incoming address so we aren't looking at your day to day activity as well as the stake.
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fonzerrellie
Legendary
Offline
Activity: 1190
Merit: 1000
Kaspa
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August 01, 2014, 06:52:36 AM |
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i think i'm gonna buy some while they're cheap
I did! I am now officially as invested in this coin as the original dev was, as far as the premine goes. I bought 3000 coins on Bittrex, and I'm gradually putting them in an address that I pledge to keep staked (like the original premine should have been), as of this posting there are 2400. Since this is a community driven coin now and everyone involved either legit mined, earned or bought coins, it would be cool to have more pledges. I'll be adding mine to the OP once I transfer all the coins to the address, and anyone else that wants to pledge a portion of their bag to stake, search for the address you put the coins in on the block explorer and post a short link like this: 3000 TECH http://techblocks.chainworks.info:2750/a/TKsCScQtVWand I'll add you to the OP as an official supporter of the coin. Anyone can check the integrity of a pledge with a simple click. Probably best to put the coins you pledge in a separate incoming address so we aren't looking at your day to day activity as well as the stake. lol wow now I feel bad for only putting in 25 tech, but I honestly don't have much to play with, my delivery job has been slow and I lost a pretty good size chunk of my crypto holdings in XAN. I'll deff add more when I can as we go. ha your pledge is 3x what I hold. so the pledge address' will be different than the donation fund that evtrmm mentioned? I guess it is a really good idea if big donations/pledges aren't kept by just one person... I deff like your idea.
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#Expanse $EXP 500 transactions 4 .1 EXP 1st Clone of ETH WAVES
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edn247
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August 01, 2014, 07:04:18 AM |
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lol wow now I feel bad for only putting in 25 tech, but I honestly don't have much to play with, my delivery job has been slow and I lost a pretty good size chunk of my crypto holdings in XAN. I'll deff add more when I can as we go. ha your pledge is 3x what I hold.
so the pledge address' will be different than the donation fund that evtrmm mentioned? I guess it is a really good idea if big donations/pledges aren't kept by just one person... I deff like your idea.
Don't feel bad! I haven't donated anything to the development fund yet. 25 TECH should go a long way once it recovers. Pledges are coins YOU hold and are just saying "I promise to keep these coins in my wallet and leave the wallet running as much as I can" You don't have to send coins to anyone else to pledge them, it's just a way of publicly showing your commitment to the network.
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