BTCD is no more

[riceberry]

Wow, 100 btc buy order at 0.0025 for btcd on bittrex

[BadAss.Sx]

How many BTCD's are there around? Still 1.2mil?

[jd1959]

How many BTCD's are there around? Still 1.2mil?

1,256,881 BTCD according to coinmarketcap

Cheers Jon 

[ethought]

Does anyone know if there is a problem with the following block explorer:

http://explorebtcd.info/

It is showing me the incorrect balance for an address - the balance shown on the explorer is significantly more than has been sent to the address in question.

[twistelaar]

How many BTCD's are there around? Still 1.2mil?

1,256,881 BTCD according to coinmarketcap

Cheers Jon 

Is that also the max supply?

[PondSea]

How many BTCD's are there around? Still 1.2mil?

1,256,881 BTCD according to coinmarketcap

Cheers Jon 

Is that also the max supply?

Staking 5% a year for 30 years or something like that.

[barbierir]

How many BTCD's are there around? Still 1.2mil?

1,256,881 BTCD according to coinmarketcap

Cheers Jon 

Is that also the max supply?

Max should be 22millions, it should take >50 years to stake it all

[riceberry]

Does the staking period of 5% end, since there is a maximum of 22 million BTCD ? What happens after staking period of 5 % ends?

[barbierir]

Does the staking period of 5% end, since there is a maximum of 22 million BTCD ? What happens after staking period of 5 % ends?

I suppose that, if Btcd grows, in 2080 the transaction fees will be enough incentives for our nephews to continue staking

[FiGgY132]

has anybody managed to install the linux wallet on a raspberry pi?

BitcoinDarkd compiles, runs & stakes fine on Raspberry PI b+ and Raspberry PI 2. Had the Qt wallet running on the b+ too. Also compiled SuperNET/Iguana on the Raspberry Pi 2 - seems to run with no errors but not had the chance to play around with it as running bash/cli only.

[kennyP]

Would the BTCD dev team consider updating the staking algorithm to PoSP used with Cryptogenic Bullion CBX?

With PoSP (PoS participation) only wallets that are open and staking actually earn any stakes, so if you never open your wallet you never earn any stake interest. With BTCD I open my wallet once a week or so, sync up, get my stake coins, then close my wallet. I earn the same stake interest (almost) as a guy running a wallet 24/7. With PoSP the guy running 24/7 gets A LOT more stakes as reward for his efforts, and I'd get nothing, zip, ziltch! Why reward people who don't help secure the network by running their wallet long enough to contribute?

With CBX the stake rate is usually 8-14%, BUT the inflation is set in stone at 2%. The incentive is obvious, STAKE, or get nothing, and the more you stake the greater your overall % of coin cap becomes. Aging coins earning interest in offline wallets has terrible incentives compared to PoSP.

IMO PoSP is fair, and encourages coin holders to stake and secure the chain. Would BTCD devs consider a switch?

[tyz]

I would like to join BitcoinDark Slack channel. How can I get an invitation? Is BitcoinDark and SuperNet channel the same?

[BTC-BTC-BTC]

Would the BTCD dev team consider updating the staking algorithm to PoSP used with Cryptogenic Bullion CBX?

With PoSP (PoS participation) only wallets that are open and staking actually earn any stakes, so if you never open your wallet you never earn any stake interest. With BTCD I open my wallet once a week or so, sync up, get my stake coins, then close my wallet. I earn the same stake interest (almost) as a guy running a wallet 24/7. With PoSP the guy running 24/7 gets A LOT more stakes as reward for his efforts, and I'd get nothing, zip, ziltch! Why reward people who don't help secure the network by running their wallet long enough to contribute?

With CBX the stake rate is usually 8-14%, BUT the inflation is set in stone at 2%. The incentive is obvious, STAKE, or get nothing, and the more you stake the greater your overall % of coin cap becomes. Aging coins earning interest in offline wallets has terrible incentives compared to PoSP.

IMO PoSP is fair, and encourages coin holders to stake and secure the chain. Would BTCD devs consider a switch?

I like this idea as well.

[bitkokos2]

Wow, 100 btc buy order at 0.0025 for btcd on bittrex

Damn, there is a lot of BTC on the buy side of bittrex and poloniex orderbooks. 

I don't think anyone is going to sell into that.  If 100 btc whale becomes impatient and buys up orderbook, then price will go up to 0.01+

Time tells the truth. I wouldn't be surprised if those buy walls disappear soon.
I saw these many times on many coins.

[bitkokos2]

Would the BTCD dev team consider updating the staking algorithm to PoSP used with Cryptogenic Bullion CBX?

With PoSP (PoS participation) only wallets that are open and staking actually earn any stakes, so if you never open your wallet you never earn any stake interest. With BTCD I open my wallet once a week or so, sync up, get my stake coins, then close my wallet. I earn the same stake interest (almost) as a guy running a wallet 24/7. With PoSP the guy running 24/7 gets A LOT more stakes as reward for his efforts, and I'd get nothing, zip, ziltch! Why reward people who don't help secure the network by running their wallet long enough to contribute?

With CBX the stake rate is usually 8-14%, BUT the inflation is set in stone at 2%. The incentive is obvious, STAKE, or get nothing, and the more you stake the greater your overall % of coin cap becomes. Aging coins earning interest in offline wallets has terrible incentives compared to PoSP.

IMO PoSP is fair, and encourages coin holders to stake and secure the chain. Would BTCD devs consider a switch?

BTCD uses PoS AND what you said PoSP too. If you leave your wallet open you receive dividents every week too.
Check this post  by Azeh

Week 42: 19 BTCD have been paid to 661 unique BitcoinDark addresses for successfully staking blocks 995719-1006638

Thanks for staking and supporting the BitcoinDark network.  We've hit milestone of 1 million blocks this week.  On top of that BTCD is finally getting the attention that it deserves. A special thanks to James, and all the Iguana devs for all their hard work and also, MMBTCD for the continued support and payouts to BTCD stakers!  Good things are coming to BTCD hodlers!

[bitkokos2]

Does anyone know if there is a problem with the following block explorer:

http://explorebtcd.info/

It is showing me the incorrect balance for an address - the balance shown on the explorer is significantly more than has been sent to the address in question.

Check in coin control you may have another BTCD address which does not appear in your "Receive coins" list.
This happened to me last week too.

To see coin control you have to go to settings, then options, and then click Display tab. Then check Display coin control features.
After you finish go back to your wallet and click the Send coins button.
Click inputs and check there if all of your coins are in the address you are looking or if there is another address with the rest of the coins you don't see in the block explorer.

[clovis A.]

Would the BTCD dev team consider updating the staking algorithm to PoSP used with Cryptogenic Bullion CBX?

With PoSP (PoS participation) only wallets that are open and staking actually earn any stakes, so if you never open your wallet you never earn any stake interest. With BTCD I open my wallet once a week or so, sync up, get my stake coins, then close my wallet. I earn the same stake interest (almost) as a guy running a wallet 24/7. With PoSP the guy running 24/7 gets A LOT more stakes as reward for his efforts, and I'd get nothing, zip, ziltch! Why reward people who don't help secure the network by running their wallet long enough to contribute?

With CBX the stake rate is usually 8-14%, BUT the inflation is set in stone at 2%. The incentive is obvious, STAKE, or get nothing, and the more you stake the greater your overall % of coin cap becomes. Aging coins earning interest in offline wallets has terrible incentives compared to PoSP.

IMO PoSP is fair, and encourages coin holders to stake and secure the chain. Would BTCD devs consider a switch?

I like this idea as well.

Nice post and thanks for bringing this to the forum!  

Being that I stake 24/7, I'd support PoSP as well, as it does appear to be fair and seems that it would drive true loyal hodlers to stake and support their network. Those of us actually strengthening the network should be rewarded accordingly.


NWweight:61,399

[bitkokos2]

Would the BTCD dev team consider updating the staking algorithm to PoSP used with Cryptogenic Bullion CBX?

With PoSP (PoS participation) only wallets that are open and staking actually earn any stakes, so if you never open your wallet you never earn any stake interest. With BTCD I open my wallet once a week or so, sync up, get my stake coins, then close my wallet. I earn the same stake interest (almost) as a guy running a wallet 24/7. With PoSP the guy running 24/7 gets A LOT more stakes as reward for his efforts, and I'd get nothing, zip, ziltch! Why reward people who don't help secure the network by running their wallet long enough to contribute?

With CBX the stake rate is usually 8-14%, BUT the inflation is set in stone at 2%. The incentive is obvious, STAKE, or get nothing, and the more you stake the greater your overall % of coin cap becomes. Aging coins earning interest in offline wallets has terrible incentives compared to PoSP.

IMO PoSP is fair, and encourages coin holders to stake and secure the chain. Would BTCD devs consider a switch?

I like this idea as well.

Nice post and thanks for bringing this to the forum!  

Being that I stake 24/7, I'd support PoSP as well, as it does appear to be fair and seems that it would drive true loyal hodlers to stake and support their network. Those of us actually strengthening the network should be rewarded accordingly.


NWweight:61,399

This would also disappoint early holders who wanted to invest with what they saw at the beginning.
I also support the network by staking but I don't like the idea of not receiving the 5% if I am not staking.
Perhaps if you increase the dividents or even add an extra % for those who stake could be better.
Incentive drives more people "in" than punishment
"If you don't stake we will remove your 5%" is a punishment.
This is based on human psychology.
If everything started like this from the beginning I wouldn't mind. But, 2 years later it's like a punishment.

[PilotofBTC]

Would the BTCD dev team consider updating the staking algorithm to PoSP used with Cryptogenic Bullion CBX?

With PoSP (PoS participation) only wallets that are open and staking actually earn any stakes, so if you never open your wallet you never earn any stake interest. With BTCD I open my wallet once a week or so, sync up, get my stake coins, then close my wallet. I earn the same stake interest (almost) as a guy running a wallet 24/7. With PoSP the guy running 24/7 gets A LOT more stakes as reward for his efforts, and I'd get nothing, zip, ziltch! Why reward people who don't help secure the network by running their wallet long enough to contribute?

With CBX the stake rate is usually 8-14%, BUT the inflation is set in stone at 2%. The incentive is obvious, STAKE, or get nothing, and the more you stake the greater your overall % of coin cap becomes. Aging coins earning interest in offline wallets has terrible incentives compared to PoSP.

IMO PoSP is fair, and encourages coin holders to stake and secure the chain. Would BTCD devs consider a switch?

I like this idea as well.

I'm pretty sure you get the 5% even if you don't constantly run your node. You just don't get the Staking bonus dividend that has been being paid out each week.


Nice post and thanks for bringing this to the forum!  

Being that I stake 24/7, I'd support PoSP as well, as it does appear to be fair and seems that it would drive true loyal hodlers to stake and support their network. Those of us actually strengthening the network should be rewarded accordingly.


NWweight:61,399

This would also disappoint early holders who wanted to invest with what they saw at the beginning.
I also support the network by staking but I don't like the idea of not receiving the 5% if I am not staking.
Perhaps if you increase the dividents or even add an extra % for those who stake could be better.
Incentive drives more people "in" than punishment
"If you don't stake we will remove your 5%" is a punishment.
This is based on human psychology.
If everything started like this from the beginning I wouldn't mind. But, 2 years later it's like a punishment.

You always get the 5% you just won't get the bonus staking dividend.

[clovis A.]

Would the BTCD dev team consider updating the staking algorithm to PoSP used with Cryptogenic Bullion CBX?

With PoSP (PoS participation) only wallets that are open and staking actually earn any stakes, so if you never open your wallet you never earn any stake interest. With BTCD I open my wallet once a week or so, sync up, get my stake coins, then close my wallet. I earn the same stake interest (almost) as a guy running a wallet 24/7. With PoSP the guy running 24/7 gets A LOT more stakes as reward for his efforts, and I'd get nothing, zip, ziltch! Why reward people who don't help secure the network by running their wallet long enough to contribute?

With CBX the stake rate is usually 8-14%, BUT the inflation is set in stone at 2%. The incentive is obvious, STAKE, or get nothing, and the more you stake the greater your overall % of coin cap becomes. Aging coins earning interest in offline wallets has terrible incentives compared to PoSP.

IMO PoSP is fair, and encourages coin holders to stake and secure the chain. Would BTCD devs consider a switch?

I like this idea as well.

Nice post and thanks for bringing this to the forum!  

Being that I stake 24/7, I'd support PoSP as well, as it does appear to be fair and seems that it would drive true loyal hodlers to stake and support their network. Those of us actually strengthening the network should be rewarded accordingly.


NWweight:61,399

This would also disappoint early holders who wanted to invest with what they saw at the beginning.
I also support the network by staking but I don't like the idea of not receiving the 5% if I am not staking.
Perhaps if you increase the dividents or even add an extra % for those who stake could be better.
Incentive drives more people "in" than punishment
"If you don't stake we will remove your 5%" is a punishment.
This is based on human psychology.
If everything started like this from the beginning I wouldn't mind. But, 2 years later it's like a punishment.

I'm a holder since July 2014 and the BTCD landscape has already completely changed since it's inception. I have to disagree