tokyoghetto
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 Offline
Activity: 1232
Merit: 1000
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October 13, 2014, 05:06:05 PM |
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I am really impressed with HYP at the moment. Great work guys keep it up!
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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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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Biomech
Legendary
Offline
Activity: 1372
Merit: 1022
Anarchy is not chaos.
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October 13, 2014, 05:58:29 PM |
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@Biomech thanks1
I've activated coin control.
I like that feature of this con.
I only not understand why extra coin addresses are needed?
Just like to have just one wallet address.
You can use just one. You just have to put it in as the custom change address. The reason is that by default, the change is sent to new addresses each time. This is how POS coins work, it's not unique to HyperStake. The minting process is pretty complicated. I know how to manipulate it, but the technical details are beyond me. Perhaps Presstab, or Sunny King (Peercoin dev), would be able to comment in more depth on this. |
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presstab (OP)
Legendary
Offline
Activity: 1330
Merit: 1000
Blockchain Developer
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October 13, 2014, 07:29:49 PM |
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@Biomech thanks1
I've activated coin control.
I like that feature of this con.
I only not understand why extra coin addresses are needed?
Just like to have just one wallet address.
You can use just one. You just have to put it in as the custom change address. The reason is that by default, the change is sent to new addresses each time. This is how POS coins work, it's not unique to HyperStake. The minting process is pretty complicated. I know how to manipulate it, but the technical details are beyond me. Perhaps Presstab, or Sunny King (Peercoin dev), would be able to comment in more depth on this. I think this is something that originates from bitcoin and is not specific to Proof of Stake, but to be honest I am not sure about this. |
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iantunc
Sr. Member
Offline
Activity: 433
Merit: 250
We are the first to program your future (c)
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October 13, 2014, 07:43:58 PM |
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@Biomech thanks1
I've activated coin control.
I like that feature of this con.
I only not understand why extra coin addresses are needed?
Just like to have just one wallet address.
You can use just one. You just have to put it in as the custom change address. The reason is that by default, the change is sent to new addresses each time. This is how POS coins work, it's not unique to HyperStake. The minting process is pretty complicated. I know how to manipulate it, but the technical details are beyond me. Perhaps Presstab, or Sunny King (Peercoin dev), would be able to comment in more depth on this. I think this is something that originates from bitcoin and is not specific to Proof of Stake, but to be honest I am not sure about this. It is originated from Bitcoin, and, probably, Satoshi did it for some reasons  |
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crypto4jan
Legendary
Offline
Activity: 2451
Merit: 1025
Energy coin master
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October 14, 2014, 06:38:04 AM |
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@Biomech thank you for the explanation.
But for other POS coins there is only 1 wallet address of is something in the source we normally not aware of but is used in HyperStake?
If I follow the steps correct to make blocks with the right value 1000-3000 then I can not get extra addresses only when I send HYP to an other address and the block is not completely consumed. Using coin control I can prevent that by just split a block into 2 new blocks and one block has the amount I want to send to another address? Correct?
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e2wwnbU8XBcnZxSfMTwZLS7Ru6LdWHunCu
00000a5ac2dc57cfb0b92bc8be7731fe6a94a8c1c49a0d2f32e9e2da4f7d2308
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Mig-23
Legendary
Offline
Activity: 1176
Merit: 1000
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October 14, 2014, 06:48:39 AM |
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@Biomech thank you for the explanation.
But for other POS coins there is only 1 wallet address of is something in the source we normally not aware of but is used in HyperStake?
If I follow the steps correct to make blocks with the right value 1000-3000 then I can not get extra addresses only when I send HYP to an other address and the block is not completely consumed. Using coin control I can prevent that by just split a block into 2 new blocks and one block has the amount I want to send to another address? Correct?
i use 5 address and working very well in staking |
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Biomech
Legendary
Offline
Activity: 1372
Merit: 1022
Anarchy is not chaos.
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October 14, 2014, 06:49:08 AM |
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@Biomech thank you for the explanation.
But for other POS coins there is only 1 wallet address of is something in the source we normally not aware of but is used in HyperStake?
If I follow the steps correct to make blocks with the right value 1000-3000 then I can not get extra addresses only when I send HYP to an other address and the block is not completely consumed. Using coin control I can prevent that by just split a block into 2 new blocks and one block has the amount I want to send to another address? Correct?
Well, I am heavily invested in several POS coins, and they are all like this. Perhaps you were just unaware of it, or others have implemented mechanisms that change this behind the scenes. (Sync does this, so I know it's possible). However, the ones I have the most experience with, TEK, HYP, FIRE and HBN, all have this same mechanism and all handle it similarly, with a custom change address available. I normally let it split into multiple addresses and recombine as I see fit from time to time, but I can see where from the point of view of not making regular backups that could be a problem. On the other hand you can schedule a task to back up wallet.dat quite easily in all major OS's out there. I confess with pride that I'm a geek, so I fail to see the problem in this. |
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Tranz
Legendary
Offline
Activity: 1540
Merit: 1052
May the force bit with you.
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October 14, 2014, 12:22:48 PM |
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@Biomech thank you for the explanation.
But for other POS coins there is only 1 wallet address of is something in the source we normally not aware of but is used in HyperStake?
If I follow the steps correct to make blocks with the right value 1000-3000 then I can not get extra addresses only when I send HYP to an other address and the block is not completely consumed. Using coin control I can prevent that by just split a block into 2 new blocks and one block has the amount I want to send to another address? Correct?
Well, I am heavily invested in several POS coins, and they are all like this. Perhaps you were just unaware of it, or others have implemented mechanisms that change this behind the scenes. (Sync does this, so I know it's possible). However, the ones I have the most experience with, TEK, HYP, FIRE and HBN, all have this same mechanism and all handle it similarly, with a custom change address available. I normally let it split into multiple addresses and recombine as I see fit from time to time, but I can see where from the point of view of not making regular backups that could be a problem. On the other hand you can schedule a task to back up wallet.dat quite easily in all major OS's out there. I confess with pride that I'm a geek, so I fail to see the problem in this. The whole reason to use a new key for change address is to hide who the actual recipient is and who you are. Some coins have changed keypoolrefill to allow you to add as many reserve keys has you want. If you are running S4C this is the best method. run rpc command keypoolrefill 500 or even higher like 1000+. (Can take a bit of time) Then take backup. You will be safe for a good while. |
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CiZ
Member
Offline
Activity: 81
Merit: 10
HyperStake Member
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October 14, 2014, 12:42:27 PM |
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run rpc command keypoolrefill 500 or even higher like 1000+. (Can take a bit of time)
Then take backup. You will be safe for a good while.
it's important for who have 1 or 2 address on wallet ? |
.I'm CiZ my HyperStake Member.
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Tranz
Legendary
Offline
Activity: 1540
Merit: 1052
May the force bit with you.
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October 14, 2014, 01:43:58 PM |
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run rpc command keypoolrefill 500 or even higher like 1000+. (Can take a bit of time)
Then take backup. You will be safe for a good while.
it's important for who have 1 or 2 address on wallet ? Backups are important for everyone. How often you take a backup depends on how often you send coins, including S4C. |
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David Latapie
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October 14, 2014, 01:47:36 PM |
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The whole reason to use a new key for change address is to hide who the actual recipient is and who you are. I don't understand the relevance. Blockchain is transparent anyway. I'm willing to be convinced of the actual usefulness, though. Useful feature (who at more transparent experience, particularly in the context of the coming Hypiggy): optionally deactivate change address (either deactivate it completely, or transparently use the main address as a custom change address - the latter only works if you have just one address in your wallet, though). |
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presstab (OP)
Legendary
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Activity: 1330
Merit: 1000
Blockchain Developer
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October 14, 2014, 03:28:12 PM |
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The whole reason to use a new key for change address is to hide who the actual recipient is and who you are. I don't understand the relevance. Blockchain is transparent anyway. I'm willing to be convinced of the actual usefulness, though. Useful feature (who at more transparent experience, particularly in the context of the coming Hypiggy): optionally deactivate change address (either deactivate it completely, or transparently use the main address as a custom change address - the latter only works if you have just one address in your wallet, though). You are right, it is still able to be seen on the chain, but I guess the point would be that you can't prove that the sender owns that change address and that it isn't a recipient that has it. Automatically using the sending address as the change address is something we could look into, I have been going through Tranz' work with changeaddress and S4C last night, and am starting to see all of the interaction in the code. |
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askcoin2
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October 14, 2014, 04:34:03 PM |
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HYP/BTC market is live :-)
Happy trading !
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mtwelve
Legendary
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Activity: 1330
Merit: 1009
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October 14, 2014, 04:48:30 PM |
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HYP/BTC market is live :-)
Happy trading !
What exchange? |
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presstab (OP)
Legendary
Offline
Activity: 1330
Merit: 1000
Blockchain Developer
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October 14, 2014, 05:06:37 PM |
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HYP/BTC market is live :-)
Happy trading !
Awesome! Thanks! |
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askcoin2
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October 14, 2014, 05:57:46 PM |
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Note that AskCoin.Net helps traders with tweeting stories on users activities.
Also stories are send via DM to increase chance to sell HYP.
If you do not want it just turn off 'Social Mode' in the profile settings.
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David Latapie
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October 14, 2014, 06:20:33 PM |
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Automatically using the sending address as the change address is something we could look into, I have been going through Tranz' work with changeaddress and S4C last night, and am starting to see all of the interaction in the code. This, plus it would put an end to the "backup your wallet often because of 500 change addresses" issues. |
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CiZ
Member
Offline
Activity: 81
Merit: 10
HyperStake Member
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October 14, 2014, 11:31:17 PM |
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run rpc command keypoolrefill 500 or even higher like 1000+. (Can take a bit of time)
Then take backup. You will be safe for a good while.
it's important for who have 1 or 2 address on wallet ? Backups are important for everyone. How often you take a backup depends on how often you send coins, including S4C. My post it mean about use command "keypoolrefill 500 or 1000" it's important for who have 1 or 2 address on wallet ? not include normal backup. I backup wallet.dat (File->Backup Wallet) everyday and Core backup (C:\Users\****\AppData\Roaming\HyperStake) every 2 days. it's enough? , I never use S4C option. |
.I'm CiZ my HyperStake Member.
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Tranz
Legendary
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Activity: 1540
Merit: 1052
May the force bit with you.
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October 14, 2014, 11:39:33 PM
Last edit: October 14, 2014, 11:54:11 PM by Tranz |
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run rpc command keypoolrefill 500 or even higher like 1000+. (Can take a bit of time)
Then take backup. You will be safe for a good while.
it's important for who have 1 or 2 address on wallet ? Backups are important for everyone. How often you take a backup depends on how often you send coins, including S4C. My post it mean about use command "keypoolrefill 500 or 1000" it's important for who have 1 or 2 address on wallet ? not include normal backup. I backup wallet.dat (File->Backup Wallet) everyday and Core backup (C:\Users\****\AppData\Roaming\HyperStake) every 2 days. it's enough? , I never use S4C option. Wallets contain many more than 1 or 2 address. The rest are just hidden and reserved. If all you do is stake, then a weekly backup is more than enough. |
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