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Author Topic: [ANN][AID] AidBit | Digital-currency redefined | POW/POS | Groestl | Charity  (Read 101079 times)
virgojeep
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July 25, 2014, 07:28:07 PM
 #341

Would ring signatures work with the groestl algorithm?
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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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virgojeep
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July 25, 2014, 08:11:17 PM
 #342

Here is the whitepaper on cryptonote and ring signatures.

https://cryptonote.org/whitepaper.pdf
AidBit (OP)
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July 25, 2014, 10:22:37 PM
 #343



NEWS:

Updated AidBit Wallet v1.0.0.3 available.

Fixes: Added checkpoint and stake modifier checkpoint.

If you're updating from Linux source, please check the version number with ./aidbitd getinfo.

Thank you!

AidBit
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July 25, 2014, 10:26:07 PM
 #344

Here is the whitepaper on cryptonote and ring signatures.

https://cryptonote.org/whitepaper.pdf

Thanks, we'll check it out.

AidBit
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July 25, 2014, 10:37:15 PM
 #345

Difficulty based block reward according to: ceil(8 * dDiff / (525600 + nHeight) * 525600)
Block reward scaling factor on 12 month periods

I can only get close with this:    8 * dDiff / ((525600 + nHeight) / 525600)

Which looks wrong since that would be an increasing subsidy into a complete double by day 356 (and forget what multiplication instead of division gets you!).

8 * dDiff / ((525600 - nHeight) / 525600) would be a decreasing subsidy and gets me closer, for now, but that would take us to a complete 0 subsidy by day 365.  Cheesy

I'm sure I'm missing something here and really showing my ignorance.  Huh

nHeight is block height or block number. 1 year = ~525600 blocks

So lets calculate the reward for dDiff = 1 and block 525600 (~365th day)

8 * 1 / ((525600 + 525600) / 526500) = 8 * 1 / (1051200 / 525600) = 8 * 1 / 2 = 4
 

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July 25, 2014, 11:00:35 PM
 #346

Difficulty based block reward according to: ceil(8 * dDiff / (525600 + nHeight) * 525600)
Block reward scaling factor on 12 month periods

I can only get close with this:    8 * dDiff / ((525600 + nHeight) / 525600)

Which looks wrong since that would be an increasing subsidy into a complete double by day 356 (and forget what multiplication instead of division gets you!).

8 * dDiff / ((525600 - nHeight) / 525600) would be a decreasing subsidy and gets me closer, for now, but that would take us to a complete 0 subsidy by day 365.  Cheesy

I'm sure I'm missing something here and really showing my ignorance.  Huh

nHeight is block height or block number. 1 year = ~525600 blocks

So lets calculate the reward for dDiff = 1 and block 525600 (~365th day)

8 * 1 / ((525600 + 525600) / 526500) = 8 * 1 / (1051200 / 525600) = 8 * 1 / 2 = 4


Realtime rewards are closer to a simple 8 * 1 dDiff, but off by a good fraction (even after taking into account the 10% charity factor). I can't get anything to work consistently.

Also, I understand nHeight to mean current block height, being the highest block in existence to date. 12194 as of 2014-07-25 22:50:26. Am I wrong on this?


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July 25, 2014, 11:19:45 PM
 #347

Difficulty based block reward according to: ceil(8 * dDiff / (525600 + nHeight) * 525600)
Block reward scaling factor on 12 month periods

I can only get close with this:    8 * dDiff / ((525600 + nHeight) / 525600)

Which looks wrong since that would be an increasing subsidy into a complete double by day 356 (and forget what multiplication instead of division gets you!).

8 * dDiff / ((525600 - nHeight) / 525600) would be a decreasing subsidy and gets me closer, for now, but that would take us to a complete 0 subsidy by day 365.  Cheesy

I'm sure I'm missing something here and really showing my ignorance.  Huh

nHeight is block height or block number. 1 year = ~525600 blocks

So lets calculate the reward for dDiff = 1 and block 525600 (~365th day)

8 * 1 / ((525600 + 525600) / 526500) = 8 * 1 / (1051200 / 525600) = 8 * 1 / 2 = 4


Realtime rewards are closer to a simple 8 * 1 dDiff, but off by a good fraction (even after taking into account the 10% charity factor). I can't get anything to work consistently.

Also, I understand nHeight to mean current block height, being the highest block in existence to date. 12194 as of 2014-07-25 22:50:26. Am I wrong on this?



Please let me get back to you a bit later. I just noticed a problem and have to fix it as soon as possible.   Undecided
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July 25, 2014, 11:53:50 PM
Last edit: July 26, 2014, 02:28:31 AM by ProGamer
 #348

So, since the rich list is still under development, how much AID has everyone mined?

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July 26, 2014, 02:28:56 AM
 #349

Wow! The block reward is 6.96 AID now! Is this a sign of AID's rise to fame? Just a day ago it was 200 AID!
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July 26, 2014, 02:30:16 AM
 #350

Wow! The block reward is 6.96 AID now! Is this a sign of AID's rise to fame? Just a day ago it was 200 AID!

No, it's a bug we're working on right now. Sorry.
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July 26, 2014, 02:33:06 AM
 #351

Wow! The block reward is 6.96 AID now! Is this a sign of AID's rise to fame? Just a day ago it was 200 AID!

No, it's a bug we're working on right now. Sorry.

May I ask how long until we can expect a fix?
AidBit (OP)
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July 26, 2014, 02:34:54 AM
 #352

Wow! The block reward is 6.96 AID now! Is this a sign of AID's rise to fame? Just a day ago it was 200 AID!

No, it's a bug we're working on right now. Sorry.

May I ask how long until we can expect a fix?

Actually, it should be fixed in an hour.
ProGamer
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July 26, 2014, 02:45:15 AM
 #353

Wow! The block reward is 6.96 AID now! Is this a sign of AID's rise to fame? Just a day ago it was 200 AID!

No, it's a bug we're working on right now. Sorry.

May I ask how long until we can expect a fix?

Actually, it should be fixed in an hour.


Good to hear! You guys seem very on top of things.
thenite0wl
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July 26, 2014, 05:13:26 AM
 #354

where to get the new wallet? link is not helping.
thenite0wl
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July 26, 2014, 05:20:52 AM
 #355

past two hours on aid.altmine.net has more than usual blocks. something wrong? i've stopped my miners for now.
ProGamer
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July 26, 2014, 05:26:55 AM
 #356

where to get the new wallet? link is not helping.

When I started up my wallet, it prompted me to download the latest update.
ProGamer
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July 26, 2014, 05:28:16 AM
Last edit: July 26, 2014, 05:56:24 AM by ProGamer
 #357

past two hours on aid.altmine.net has more than usual blocks. something wrong? i've stopped my miners for now.

Is someone attacking the pools with a DDoS? Or is this a bug that will be fixed?
SimkoMiner
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July 26, 2014, 05:50:36 AM
 #358



NEWS:

Updated AidBit Wallet v1.0.0.3 available.

Fixes: Added checkpoint and stake modifier checkpoint.

If you're updating from Linux source, please check the version number with ./aidbitd getinfo.

Thank you!

AidBit


Please provide link to Windows wallet, the link on website doesn't work. What about your pools? Are they DDOS-ed? I'm minig solo as difficulty is now close to 0. I think that's the reason why block reward is very small now.
AidBit (OP)
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July 26, 2014, 06:01:10 AM
 #359

We're still working to fix the fork, please stop all your mining and close your wallets.

AidBIt
thenite0wl
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July 26, 2014, 06:13:16 AM
 #360

what happened on block 11873. also on the block explorer my address used for p2p stops at 12456. i think what was mined after that will be lost, only about two hours.
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