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Author Topic: [ANN] MaiaCoin | First X15 PoW/PoS | New Exchange | Vote on next developments  (Read 153462 times)
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utahjohn
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July 03, 2014, 11:16:06 PM
 #741

@mammix2
Question to Dev:  Why are blocks of 500 even being accepted by the blockchain? They should be rejected, blocks are 505. Huh  What's to stop a disreputable pool op from making blocks 1000 or even more as long as the Foundation fee is paid in the block Huh  And worse yet a modified client solo mining Huh
I think you had better release a fixed wallet that rejects blocks not 505 coins, and a "clean" blockchain.
This is a serious exploit potential ... Too bad for those who mined the 500 blocks LOL. (Including me in the beginning!)
I'm switching my miners back to X13 wafflepool ...
I'm seeing a massive sell-off on bittrex and price is dropping steadily.
F'it I'm dumping mine too Sad
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fr333n3rgy
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July 04, 2014, 01:45:35 AM
 #742

@mammix2
Question to Dev:  Why are blocks of 500 even being accepted by the blockchain? They should be rejected, blocks are 505. Huh  What's to stop a disreputable pool op from making blocks 1000 or even more as long as the Foundation fee is paid in the block Huh  And worse yet a modified client solo mining Huh
I think you had better release a fixed wallet that rejects blocks not 505 coins, and a "clean" blockchain.
This is a serious exploit potential ... Too bad for those who mined the 500 blocks LOL. (Including me in the beginning!)
I'm switching my miners back to X13 wafflepool ...
I'm seeing a massive sell-off on bittrex and price is dropping steadily.
F'it I'm dumping mine too Sad

Looks like most people are ...

MAIA: MS9TEJLhktAyiMa6DZnLvupkx4tGyboxXu
utahjohn
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July 04, 2014, 01:52:55 AM
 #743

I got out at .000039
Good luck to all however I'm done with this coin.
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July 04, 2014, 05:30:09 AM
 #744

I got out at .000039
Good luck to all however I'm done with this coin.

you will regret it ....

100 BTC volume in Bittrex  Wink

√ Bitcoin Upgraded! √ VERTCOIN is Innovation: √ DECENTRALIZED with First Truly ASIC-resistant Algorithm: Lyra2REv2, √ PERSONAL PRIVACY with First Stealth Addresses, √ PRICE STABILITY with First ..... You Know Wink https://vertcoin.org
utahjohn
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July 04, 2014, 05:43:38 AM
 #745

I got out at .000039
Good luck to all however I'm done with this coin.

you will regret it ....

100 BTC volume in Bittrex  Wink
88
Perhaps but until block generation of other than 505 coins exactly is fixed it's too risky.
If dev can prove this is fixed I might buy back in ...
aulonocara
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July 04, 2014, 05:48:15 AM
 #746

A huge thankyou to whoever just dumped into ALL of my buys orders (even the low low one)
silencesilence
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July 04, 2014, 05:53:48 AM
 #747

now only sell the multi-pools

whales ate more

√ Bitcoin Upgraded! √ VERTCOIN is Innovation: √ DECENTRALIZED with First Truly ASIC-resistant Algorithm: Lyra2REv2, √ PERSONAL PRIVACY with First Stealth Addresses, √ PRICE STABILITY with First ..... You Know Wink https://vertcoin.org
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July 04, 2014, 05:56:18 AM
 #748

Sneak peak at the new wallet development! Cheesy



this is great
expect a complete plan for the development of the coin by Foundation

√ Bitcoin Upgraded! √ VERTCOIN is Innovation: √ DECENTRALIZED with First Truly ASIC-resistant Algorithm: Lyra2REv2, √ PERSONAL PRIVACY with First Stealth Addresses, √ PRICE STABILITY with First ..... You Know Wink https://vertcoin.org
spydud22
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July 04, 2014, 06:38:13 AM
 #749

Anyone have the settings for a 7950 and a 7870?

Frangomel
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July 04, 2014, 06:55:37 AM
 #750

Anyone have the settings for a 7950 and a 7870?


7950 is on few back pages.

mammix2
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July 04, 2014, 07:15:26 AM
 #751

I got out at .000039
Good luck to all however I'm done with this coin.

you will regret it ....

100 BTC volume in Bittrex  Wink
88
Perhaps but until block generation of other than 505 coins exactly is fixed it's too risky.
If dev can prove this is fixed I might buy back in ...

utahjohn
There is nothing wrong with the wallet coding. The 505 coins paid out is a fixed amount and cannot be manipulated, if someone tries to change the code on a single wallet, the coins generated will be rejected because all the other wallets on the network disagree with the amounts. Only Proof of Work blocks generate the 5 coins value to the foundation, Proof of Stake blocks do not:

Look here for the PoW payout amount:
https://github.com/mammix2/MaiaCoin/blob/master/src/main.cpp#L985

Look here for the foundation amount:
https://github.com/mammix2/MaiaCoin/blob/master/src/main.cpp#L54

If you are referring to a certain pool not paying out the correct amount, that is different. In a pool, you don't receive your payment direct from the wallet daemon running on that pool. As with every client on the network, that pool's daemon will be generating the correct amount of coins and storing them in an address locally. Your payout from that wallet balance is determined by the pool itself and not the wallet coding

Many of us have tried to contact Dedicated about the incorrect block value, but for whatever reason they havent replied. I have absolutely no control over how Dedicated run their business but one thing is guaranteed, and that's about 10GH/s on mining power on any new coin!

If you don't like what they are doing go over to a different pool which is paying out the correct amount.
dmfree88
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July 04, 2014, 07:16:11 AM
 #752

Anyone have the settings for a 7950 and a 7870?


7870 / 270x / 270 settings:

http://redd.it/29mzyt

also provides fix for 14.6 drivers and huge hashrate boost for almost every algo! Smiley

not sure about 7950 though.  If you find good settings send me a reply on the reddit post. I am trying to compile a list of the top notch from each gpu Smiley.

All donations Go directly to support my autistic son:
VTC: VaDUVkbX5j83UsT5r7QFjfapcZFYbzQz9x / BTC: 1BNYqjN5Hm17im9CwD9jKc8nWX3Y68Kd4N / LTC: LfNsAfd5bxuCMggrq16V9XAmUkZWZ1h1eJ /
fwiucom
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July 04, 2014, 07:39:54 AM
 #753

I got out at .000039
Good luck to all however I'm done with this coin.

you will regret it ....

100 BTC volume in Bittrex  Wink
88
Perhaps but until block generation of other than 505 coins exactly is fixed it's too risky.
If dev can prove this is fixed I might buy back in ...

utahjohn
There is nothing wrong with the wallet coding. The 505 coins paid out is a fixed amount and cannot be manipulated, if someone tries to change the code on a single wallet, the coins generated will be rejected because all the other wallets on the network disagree with the amounts. Only Proof of Work blocks generate the 5 coins value to the foundation, Proof of Stake blocks do not:

Look here for the PoW payout amount:
https://github.com/mammix2/MaiaCoin/blob/master/src/main.cpp#L985

Look here for the foundation amount:
https://github.com/mammix2/MaiaCoin/blob/master/src/main.cpp#L54

If you are referring to a certain pool not paying out the correct amount, that is different. In a pool, you don't receive your payment direct from the wallet daemon running on that pool. As with every client on the network, that pool's daemon will be generating the correct amount of coins and storing them in an address locally. Your payout from that wallet balance is determined by the pool itself and not the wallet coding

Many of us have tried to contact Dedicated about the incorrect block value, but for whatever reason they havent replied. I have absolutely no control over how Dedicated run their business but one thing is guaranteed, and that's about 10GH/s on mining power on any new coin!

If you don't like what they are doing go over to a different pool which is paying out the correct amount.


It seems investors need you to give a huge confidence
utahjohn
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July 04, 2014, 07:45:38 AM
 #754

@mammix2

Please explain this and many other blocks in blockchain explorer:

01:43:51

getblock 00000000002f9df1cec3be3d336d6379eb94c6b3e09a01211b468467d40cb6a6

01:43:51

{
"hash" : "00000000002f9df1cec3be3d336d6379eb94c6b3e09a01211b468467d40cb6a6",
"confirmations" : 12137,
"size" : 782,
"height" : 968,
"version" : 6,
"merkleroot" : "7db1a0b1f8da138291c5964fad56fe962a37c699416412cf8b929578f976b9bd",
"mint" : 500.00010000,
"time" : 1404038374,
"nonce" : 2037310,
"bits" : "1c010d00",
"difficulty" : 243.62453532,
"blocktrust" : "f3a0d52cba",
"chaintrust" : "1ef32610d8030",
"previousblockhash" : "00000000009b9450a26eb3c1a473516f3f26d10be006e270771c6e1837ecae63",
"nextblockhash" : "0000000000acace3dd17d85f240306609408bf806afb80331718a79777d52d34",
"flags" : "proof-of-work",
"proofhash" : "00000000002f9df1cec3be3d336d6379eb94c6b3e09a01211b468467d40cb6a6",
"entropybit" : 0,
"modifier" : "90f49c32fc73a952",
"modifierchecksum" : "9d5358e7",
"tx" : [
"2ad76f79eb8f4eb10cee57b5fe3c96523c75f24220aaf4052b5781017d378e71",
"05a6b33a3b3a79b9c10fdfaf059804d40cbf81aa53029f3384848b98b0e470d8"
]
}

Proof of Work: 500 coins generated
Hash: 00000000002f9df1cec3be3d336d6379eb94c6b3e09a01211b468467d40cb6a6
Previous Block: 00000000009b9450a26eb3c1a473516f3f26d10be006e270771c6e1837ecae63
Next Block: 0000000000acace3dd17d85f240306609408bf806afb80331718a79777d52d34
Height: 968
Version: 6
Transaction Merkle Root: 7db1a0b1f8da138291c5964fad56fe962a37c699416412cf8b929578f976b9bd
Time: 1404038374 (2014-06-29 10:39:34)
Difficulty: 243.628 (Bits: 1c010d00)
Cumulative Difficulty: 126 770.379
Nonce: 2037310
Transactions: 2
Value out: 834.97285844
Transaction Fees: 0.0001
Average Coin Age: 0.334763 days
Coin-days Destroyed: 1.1708542
Cumulative Coin-days Destroyed: 28.4991%
Transactions
Transaction   Fee   Size (kB)   From (amount)   To (amount)
2ad76f79eb...   0   0.164   Generation: 500 + 0.0001 total fees   MNq44J5eU1QUZZpXRKDgtxBidFyiETz5WX: 495.000099
MBKVCNHtGHdtxA5jfpYnaibCeYR25UpwUY: 5.000001

05a6b33a3b...   0.0001   0.536   MVxZSJCaLN4wE4fd7DDWjc8KFCNTCPyBwG: 334.97285844
   MAdUA9h7xVfy4KPAeRv9eM8Kb7QDursRZY: 20.48530498
M96g1S3e55aRzQmj392awPKGUrvJD3CiJm: 33.39513878
MFDKjr298QE34T2QpCQ1FfnhTZL4WPGMCq: 16.73654719
MQcGvo66Mddcj1BDVm4RMLQw6KKYiFL6Pa: 1.31924081
MSuR9g7X3VVCcNcesbs7toCmpDFoNPTHMu: 65.6199627
MQiMx1ayRH65YpYSMNwQJHckqBajhvL1vd: 11.81137317
MPRaYFpf9sn8ZqYaGWJLygfbwEdQFPLjsd: 16.78185354
MBqKVaPXUAZ1W6yVBuUmGq5Y7JMEbLPUMq: 31.4444738
MSsRQCYpkgZxCtFUdDFZ5Xuw6Vx6tZNuKA: 2.06310535
MEWatD9k3zHYRPxqfkYi33971M1JpGfm1f: 5.77030774
MJtQZ6aGZQcPk82bmGc1ibwxwSnCeTNbRQ: 129.54545038

This block should have been rejected along with all the other "500 blocks" ...
utahjohn
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July 04, 2014, 09:21:43 AM
 #755

Your coins are losing their glitter and rusting ... soon to be dust.
fwiucom
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July 04, 2014, 09:51:53 AM
 #756

@mammix2

Please explain this and many other blocks in blockchain explorer:

01:43:51

getblock 00000000002f9df1cec3be3d336d6379eb94c6b3e09a01211b468467d40cb6a6

01:43:51

{
"hash" : "00000000002f9df1cec3be3d336d6379eb94c6b3e09a01211b468467d40cb6a6",
"confirmations" : 12137,
"size" : 782,
"height" : 968,
"version" : 6,
"merkleroot" : "7db1a0b1f8da138291c5964fad56fe962a37c699416412cf8b929578f976b9bd",
"mint" : 500.00010000,
"time" : 1404038374,
"nonce" : 2037310,
"bits" : "1c010d00",
"difficulty" : 243.62453532,
"blocktrust" : "f3a0d52cba",
"chaintrust" : "1ef32610d8030",
"previousblockhash" : "00000000009b9450a26eb3c1a473516f3f26d10be006e270771c6e1837ecae63",
"nextblockhash" : "0000000000acace3dd17d85f240306609408bf806afb80331718a79777d52d34",
"flags" : "proof-of-work",
"proofhash" : "00000000002f9df1cec3be3d336d6379eb94c6b3e09a01211b468467d40cb6a6",
"entropybit" : 0,
"modifier" : "90f49c32fc73a952",
"modifierchecksum" : "9d5358e7",
"tx" : [
"2ad76f79eb8f4eb10cee57b5fe3c96523c75f24220aaf4052b5781017d378e71",
"05a6b33a3b3a79b9c10fdfaf059804d40cbf81aa53029f3384848b98b0e470d8"
]
}

Proof of Work: 500 coins generated
Hash: 00000000002f9df1cec3be3d336d6379eb94c6b3e09a01211b468467d40cb6a6
Previous Block: 00000000009b9450a26eb3c1a473516f3f26d10be006e270771c6e1837ecae63
Next Block: 0000000000acace3dd17d85f240306609408bf806afb80331718a79777d52d34
Height: 968
Version: 6
Transaction Merkle Root: 7db1a0b1f8da138291c5964fad56fe962a37c699416412cf8b929578f976b9bd
Time: 1404038374 (2014-06-29 10:39:34)
Difficulty: 243.628 (Bits: 1c010d00)
Cumulative Difficulty: 126 770.379
Nonce: 2037310
Transactions: 2
Value out: 834.97285844
Transaction Fees: 0.0001
Average Coin Age: 0.334763 days
Coin-days Destroyed: 1.1708542
Cumulative Coin-days Destroyed: 28.4991%
Transactions
Transaction   Fee   Size (kB)   From (amount)   To (amount)
2ad76f79eb...   0   0.164   Generation: 500 + 0.0001 total fees   MNq44J5eU1QUZZpXRKDgtxBidFyiETz5WX: 495.000099
MBKVCNHtGHdtxA5jfpYnaibCeYR25UpwUY: 5.000001

05a6b33a3b...   0.0001   0.536   MVxZSJCaLN4wE4fd7DDWjc8KFCNTCPyBwG: 334.97285844
   MAdUA9h7xVfy4KPAeRv9eM8Kb7QDursRZY: 20.48530498
M96g1S3e55aRzQmj392awPKGUrvJD3CiJm: 33.39513878
MFDKjr298QE34T2QpCQ1FfnhTZL4WPGMCq: 16.73654719
MQcGvo66Mddcj1BDVm4RMLQw6KKYiFL6Pa: 1.31924081
MSuR9g7X3VVCcNcesbs7toCmpDFoNPTHMu: 65.6199627
MQiMx1ayRH65YpYSMNwQJHckqBajhvL1vd: 11.81137317
MPRaYFpf9sn8ZqYaGWJLygfbwEdQFPLjsd: 16.78185354
MBqKVaPXUAZ1W6yVBuUmGq5Y7JMEbLPUMq: 31.4444738
MSsRQCYpkgZxCtFUdDFZ5Xuw6Vx6tZNuKA: 2.06310535
MEWatD9k3zHYRPxqfkYi33971M1JpGfm1f: 5.77030774
MJtQZ6aGZQcPk82bmGc1ibwxwSnCeTNbRQ: 129.54545038

This block should have been rejected along with all the other "500 blocks" ...


Dev??!?

What do you mean? Please explain
utahjohn
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July 04, 2014, 09:57:45 AM
 #757

Look again the amount generated was 495+5
murraypaul
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July 04, 2014, 09:57:51 AM
 #758

This block info looks normal... nothing wrong going on. The block payout is 505 coins, 5 to this donation address. The rest are coins that were sent/received in that block.

https://github.com/mammix2/MaiaCoin/blob/master/src/main.cpp#L985

The block payout is clearly 500, not 505:
Quote
Proof of Work: 500 coins generated
[...]
2ad76f79eb...   0   0.164   Generation: 500 + 0.0001 total fees   MNq44J5eU1QUZZpXRKDgtxBidFyiETz5WX: 495.000099
MBKVCNHtGHdtxA5jfpYnaibCeYR25UpwUY: 5.000001


Edit:
It appears that the code allows you to create blocks with less than the maximum reward, it only checks that you don't create more:
Quote
   if (IsProofOfWork())
    {
        int64_t nReward = GetProofOfWorkReward(nFees);
        // Check coinbase reward
        if (vtx[0].GetValueOut() > nReward)
            return DoS(50, error("ConnectBlock() : coinbase reward exceeded (actual=%"PRId64" vs calculated=%"PRId64")",
                   vtx[0].GetValueOut(),
                   nReward));
    }

    if(IsProofOfWork())
    {
        CBitcoinAddress address(!fTestNet ? FOUNDATION : FOUNDATION_TEST);
        CScript scriptPubKey;
        scriptPubKey.SetDestination(address.Get());
        if (vtx[0].vout[1].scriptPubKey != scriptPubKey)
            return error("ConnectBlock() : coinbase does not pay to the dev address)");
        if (vtx[0].vout[1].nValue < devCoin)
            return error("ConnectBlock() : coinbase does not pay enough to dev addresss");
    }

So this bug only allows a miner to give themselves fewer coins that they should have earned, not more.
Similarly, it allows for more to be sent to the dev address, but not fewer.
Hard to see that as a real problem for the coin.

Conclusion is that there is a badly configured pool which is earning 1% less for its miners that it should be.

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July 04, 2014, 09:59:08 AM
 #759

seems all right to me, don't know what is this panic all about - in the OP it is said that from every block of POW 5 coins are extracted for development
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July 04, 2014, 10:01:09 AM
 #760

Panic dump is over.


Congratulations for all who bought cheap MAIA coins Wink
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