[ANN][AID] AidBit | Digital-currency redefined | POW/POS | Groestl | Charity

[thenite0wl]

having problems getting a fresh new wallet to sync. wants to download to 17020. sometimes updates to 17301 or the current block but then reverts back to 17020. been at it for awhile with current wallet and partial blockchains and new wallet, all with no luck.

[AidBit]

having problems getting a fresh new wallet to sync. wants to download to 17020. sometimes updates to 17301 or the current block but then reverts back to 17020. been at it for awhile with current wallet and partial blockchains and new wallet, all with no luck.

Despite all our efforts, our pool servers still fork randomly soon after POS block. We have couple of ideas but have to replicate the problem in the test environment.

[coke15]

hi


problemS  again:

-rig 1 sync ok on felix  17630--->rig 2 error synch  stuck a 17560.
-mining paiement every 7h?  seriously?

-1000 AID /day  with 72mh??? before the MESS i had 7/9000/ day  WTF?


are you sur you're working on those wallet?

maybe could you delete the POS? before it, all was good

i m resyncking (again and again )wallet on rig 2 ,spend time,electricty for nothing again.

it's wearing.

[AidBit]

hi


problemS  again:

-rig 1 sync ok on felix  17630--->rig 2 error synch  stuck a 17560.
-mining paiement every 7h?  seriously?

-1000 AID /day  with 72mh??? before the MESS i had 7/9000/ day  WTF?


are you sur you're working on those wallet?

maybe could you delete the POS? before it, all was good

i m resyncking (again and again )wallet on rig 2 ,spend time,electricty for nothing again.

it's wearing.

Working on the problem as we speak. We just found a possible cause. Testing right now.

[coke15]

glad to read you

[HR]

having problems getting a fresh new wallet to sync. wants to download to 17020. sometimes updates to 17301 or the current block but then reverts back to 17020. been at it for awhile with current wallet and partial blockchains and new wallet, all with no luck.

Despite all our efforts, our pool servers still fork randomly soon after POS block. We have couple of ideas but have to replicate the problem in the test environment.

I'm going to start a philosophical debate, and I'm going to do so starting off by saying, every cloud has its silver lining.

Theoretically, PoS isn't of much value until there's already a large, widely distributed money supply to serve, isn't that correct? Otherwise it makes no theoretical sense, right? (Those who are already asking for the ETA for POW's scheduled end do get a chuckle out of me.)

I've always said (first time here on this thread) that PoS should only come once POW is done.

In my opinion, PoS shouldn't even be considered until PoS rewards are > POW rewards, and not one day sooner.

That's the theoretical debate, that perhaps leads to the silver lining of all these cloudy issues we've been experiencing. On merits alone (what benefits does PoS really bring us?), that is to say, theoretically, at the present time, does PoS really make sense?

I'm all for junking it until it's actually more valuable than POW, and just letting Groestl POW do its thing!

(It might have been a noble idea and effort, but has anyone made a hybrid POW/PoS work yet? As far as I know, even DMD is still having [important] problems with its PoS payouts minting . . .)

[AidBit]

having problems getting a fresh new wallet to sync. wants to download to 17020. sometimes updates to 17301 or the current block but then reverts back to 17020. been at it for awhile with current wallet and partial blockchains and new wallet, all with no luck.

Despite all our efforts, our pool servers still fork randomly soon after POS block. We have couple of ideas but have to replicate the problem in the test environment.

I'm going to start a philosophical debate, and I'm going to do so starting off by saying, every cloud has its silver lining.

Theoretically, PoS isn't of much value until there's already a large, widely distributed money supply to serve, isn't that correct? Otherwise it makes no theoretical sense, right? (Those who are already asking for the ETA for POW's scheduled end do get a chuckle out of me.)

I've always said (first time here on this thread) that PoS should only come once POW is done.

In my opinion, PoS shouldn't even be considered until PoS rewards are > POW rewards, and not one day sooner.

That's the theoretical debate, that perhaps leads to the silver lining of all these cloudy issues we've been experiencing. On merits alone (what benefits does PoS really bring us?), that is to say, theoretically, at the present time, does PoS really make sense?

I'm all for junking it until it's actually more valuable than POW, and just letting Groestl POW do its thing!

(It might have been a noble idea and effort, but has anyone made a hybrid POW/PoS work yet? As far as I know, even DMD is still having [important] problems with its PoS payouts minting . . .)

Don't get me wrong, I love philosophy, but first we want to try everything we know to make it work and then try some more.

We've got an interesting idea, which actually isn't that bad of a compromise, considering that we've extended the POS Target spacing. We want to try to set the reward calculation back to the last block, regardless of weather it is POS/POW block, this way the blocks after POS blocks will be (at the start) worth 8 AID and later who knows. What do you think? If it doesn't work, we'll at least rule out one possible cause.

[virgojeep]

fyi Moolah.io exchange (the one I recommended) bought out mintpal just this week. They will be upgrading the security among other things.

http://www.coindesk.com/moolah-acquires-troubled-altcoin-exchange-mintpal/

[virgojeep]

When I try to download the new wallet it gives page not found error. ??

[HR]

having problems getting a fresh new wallet to sync. wants to download to 17020. sometimes updates to 17301 or the current block but then reverts back to 17020. been at it for awhile with current wallet and partial blockchains and new wallet, all with no luck.

Despite all our efforts, our pool servers still fork randomly soon after POS block. We have couple of ideas but have to replicate the problem in the test environment.

I'm going to start a philosophical debate, and I'm going to do so starting off by saying, every cloud has its silver lining.

Theoretically, PoS isn't of much value until there's already a large, widely distributed money supply to serve, isn't that correct? Otherwise it makes no theoretical sense, right? (Those who are already asking for the ETA for POW's scheduled end do get a chuckle out of me.)

I've always said (first time here on this thread) that PoS should only come once POW is done.

In my opinion, PoS shouldn't even be considered until PoS rewards are > POW rewards, and not one day sooner.

That's the theoretical debate, that perhaps leads to the silver lining of all these cloudy issues we've been experiencing. On merits alone (what benefits does PoS really bring us?), that is to say, theoretically, at the present time, does PoS really make sense?

I'm all for junking it until it's actually more valuable than POW, and just letting Groestl POW do its thing!

(It might have been a noble idea and effort, but has anyone made a hybrid POW/PoS work yet? As far as I know, even DMD is still having [important] problems with its PoS payouts minting . . .)

Don't get me wrong, I love philosophy, but first we want to try everything we know to make it work and then try some more.

We've got an interesting idea, which actually isn't that bad of a compromise, considering that we've extended the POS Target spacing. We want to try to set the reward calculation back to the last block, regardless of weather it is POS/POW block, this way the blocks after POS blocks will be (at the start) worth 8 AID and later who knows. What do you think? If it doesn't work, we'll at least rule out one possible cause.

There are always two sides to every coin, and the worst thing we can ever be faced with is the nagging question, "what would have happened if I'd only tried to . . . "

It wouldn't be the end of the world if it didn't work either - there's always a way to turn a negative into a positive . . .

On the other hand, I'm sure that this wouldn't be the last thing to try.  

I admire your determination and dedication. If anyone can make it work, it's someone like you.

Go for it!

And not because I say so.


Add: After giving it an initial mulling over, it sounds like a sensational idea - it would also go a long ways towards creating scarcity as a by product and keep the pool hoppers, multipools and short termers at arms length. Let's hope it works!

[vetzdog]

Keep up the good work 

[AidBit]

MANDATORY UPDATE:

Updated AidBit Wallet v1.0.2.1.

Fixes: - Possible forking fix

Activated with block 17900.

Please update your clients as soon as possible.

www.aidbit.net/download

Thank you!

AidBit

[virgojeep]

So I was in the shower and came up with an idea that could help both the wallet woes and give the devs time to rethink the POS issues. Its kinda funny how running water can have such heavy influences on our awareness. I was think instead of implimenting POS into the current payouts we could instead make the POS for early adopters more like a certificate of deposit(CD). In other words allow users to choose how much they want to put into a savings account in the wallet that is not spendable unitl it has matured to a specific date. Allow users to specify between different amounts of time like 2yr 3 yr and 4yr. This way the devs could have time to figure out how to payout the 20% interest on these accounts over tim for at least 2 years, The users get to keep mining groestl pow and making aidbit..and the best point of all...This would be even more assurance that those with CDs would hold aidbit and not dump it for at least 2 yrs. IMO this would be highly lucrative for early adopters and also an added bonus for late adopters to keep adoption going. It would also encourage more buy orders than sell orders increasing aidbits liquidity.

[virgojeep]

http://money.howstuffworks.com/personal-finance/budgeting/certificates-of-deposit.htm

[karimdr2]

Windows has left the building  

Not sure if everybody would agree with, especially in the 3D-Design department. I am talking about Win vs Mac of course.

OS X has also left the building, into a VM though, need it for writing music.

Well, I need them all, so I'm tripple booting.

I compiled the mac wallet. I'll post if there is a bountie.

[virgojeep]

This might be a little off topic but I felt like sharing. I'm noticing a huge influx of coins based on Amway multi level marketing structures. They don't use algorithms or so it seems they don't and they require people to sign up others in order to acquire coins. They give you a % of each person you sign up under you. An example of one of these coins is this. http://latium.cc/

Its kinda disgusting to see this happening. I hope people see the forest through the trees.

[peerson51888]

Dev,S.O.S!
I updated the wallet to ver 1.0.2.1, but can not sync at all.I'v 45563 coins before update,but now 28112 unconformed coins ,why?

[thenite0wl]

tried new wallet, same problem, wants to download up to block 17020 and won't sync.

[virgojeep]

I'm on block 18127

[thenite0wl]

finally got synced. used an old wallets blockchain and it was able to update.