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Author Topic: BTCD is no more  (Read 1328429 times)
CrimsonPermanentAssurance
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September 04, 2014, 02:12:13 AM
 #5441

bolded part is correct!
Do not move the QT file, just run it after you did the .conf file creating
of course you will need to manually make the BitcoinDark directory before you can make the .conf file in it

If this works, I will kiss your soul with the souls of all Mac investors everywhere. I will also write a simple how-to to avoid these annoying conversations in the future.
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CrimsonPermanentAssurance
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September 04, 2014, 02:27:30 AM
 #5442

bolded part is correct!
Do not move the QT file, just run it after you did the .conf file creating
of course you will need to manually make the BitcoinDark directory before you can make the .conf file in it

If this works, I will kiss your soul with the souls of all Mac investors everywhere. I will also write a simple how-to to avoid these annoying conversations in the future.

Unfortunately, it isn't working yet. Upon attempting to run the application that appears in the Applications folder, I get nothing.

Upon attempting to run the QT file, I get this in a terminal window:

BBs-MacBook-Pro-6:~ Home$ /Applications/BitcoinDark-Qt.app/Contents/MacOS/BitcoinDark-Qt ; exit;
-bash: /Applications/BitcoinDark-Qt.app/Contents/MacOS/BitcoinDark-Qt: Operation not permitted
logout

[Process completed]
cloudboy
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September 04, 2014, 02:34:24 AM
 #5443

bolded part is correct!
Do not move the QT file, just run it after you did the .conf file creating
of course you will need to manually make the BitcoinDark directory before you can make the .conf file in it

If this works, I will kiss your soul with the souls of all Mac investors everywhere. I will also write a simple how-to to avoid these annoying conversations in the future.

Unfortunately, it isn't working yet. Upon attempting to run the application that appears in the Applications folder, I get nothing.

Upon attempting to run the QT file, I get this in a terminal window:

BBs-MacBook-Pro-6:~ Home$ /Applications/BitcoinDark-Qt.app/Contents/MacOS/BitcoinDark-Qt ; exit;
-bash: /Applications/BitcoinDark-Qt.app/Contents/MacOS/BitcoinDark-Qt: Operation not permitted
logout

[Process completed]


I don't use Mac, but try it as root.
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September 04, 2014, 02:35:37 AM
 #5444

bolded part is correct!
Do not move the QT file, just run it after you did the .conf file creating
of course you will need to manually make the BitcoinDark directory before you can make the .conf file in it

If this works, I will kiss your soul with the souls of all Mac investors everywhere. I will also write a simple how-to to avoid these annoying conversations in the future.

Unfortunately, it isn't working yet. Upon attempting to run the application that appears in the Applications folder, I get nothing.

Upon attempting to run the QT file, I get this in a terminal window:

BBs-MacBook-Pro-6:~ Home$ /Applications/BitcoinDark-Qt.app/Contents/MacOS/BitcoinDark-Qt ; exit;
-bash: /Applications/BitcoinDark-Qt.app/Contents/MacOS/BitcoinDark-Qt: Operation not permitted
logout

[Process completed]

could be bad download?
it was just download, install, double click on the Qt.app, realize I needed the .conf, figure out where it should be, copy the OP .conf, try the Qt.app again, wait a bit and blocks start syncing

not the typical user experience for Mac peoples, but it did work
how are you running the Qt app? just double click from finder?

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Tuck Fheman
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September 04, 2014, 02:44:41 AM
 #5445

Is there anything that can be done with exchanges staking coins.

What exchanges are staking coins?

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September 04, 2014, 02:52:13 AM
 #5446

Just picked up my first couple of BTCD's.  Would like to start a local wallet and open it up for staking.  Noob question here, once I've followed the instructions to start staking do I need to leave the wallet online for it to occur or can it be taken completely offline?
You don't have to have the wallet open in order to stake as your coins accrue "coin age" regardless of whether it is open or not, as long as you do not send or receive any other BTCD to your address.  When you do next open your wallet (and unlock it for staking) your next stake amount will include everything for your coin age.  In other words, you could just open it once a week for a few hours (or until you receive a mined block) and you would receive the same stake amount as you would have done if the wallet was open the entire time.  All up you get around 5% pa from staking, and of course there is the as-yet-unknown income that BTCD holders will get from teleport, anon credit card, SuperNET, etc etc.

Good to know.  So if I decide to pick up a few more coins on Cryptsy or something I should hold them in a separate wallet for staking purposes?  Does adding new coins to a wallet that is currently staking somehow mess with the coin age?

yep it will reset the coinage and you will have to wait 8 hours to stake. but you could also make a new wallet and send it there

edit

staking 24/7 will give you more, because of compound interest and additional txfees

Coin-age - Coin age refers to the age of txn inputs. Coin age is equal to the number of coins sent times the average age on these coins. Age is measured in blocks. Age is reset to 1 block whenever a coin is sent AND whenever a coin provides a signature (both mandatory and voluntary signatures count). Coin-age is used to calculate mandatory fees. src: https://en.bitcoin.it/wiki/Proof_of_Stake


Hmm compounding, but how often...?



Spread your balances across several different addresses.  So if you have 1000 coins put 100 coins into ten different addresses and leave the wallet open and you won't be disappointed.   You'll get stake for each address about once per day. If you close your wallet for a few days when you open it you will get more for the days you missed.  It trickles in but it adds up pretty quick if you don't move the coins especially if you leave your wallet open.  If you have 1000 coins you can get one coin every 7 days or so which is better than a sharp stick in the eye,  1500 coins you can get 1 btcd every four days or so and with 2000 you will get a coin every couple of days.  That rate may change in the future.  I don't know.  

I do not understand the point of spreading.
1000 coins at 5% is 0.137 per day.
100 coins in 10 addresses at 5% is (0.0137 * 10) is 0.137 which is exactly the same thing.

I have heard you get a little more if you spread and it trickles in more often.  I think it was James who recommended that so that's what I do and it seems to work pretty well, beyond that maybe someone more technical can address that.  I don't know.  

This will clear "spreading and compounding":

How to maximize your staking income

The staking is a bit tricky. After you wait for the coins to start staking, you will notice that when you do get a "mining" tx coming in, then your power is reduced temporarily. I havent dug into all the details, but the following is a practical way to minimize the downtime.

You need to make N addresses, make sure to backup the wallet after you do this as this generates new private keys, so an old backup wont have them all.

Make sure you enable the "display coin control" option in preferences

Now comes the tricky part. Most of you probably have all your precious in a single address. This means that whenever you get a new block, you have to wait. So, we need to spread the balance evenly to the N addresses. To do this, you need to control the inputs, so do a send to your first new address and to do this you need to click the inputs button on the send dialog.

Select your big account as the input. Now when you send you will have to wait a block or two until your big address gets the change.

Keep doing this until all your addresses have approx the same number of coins.

You will have to wait a while before they kick into gear, but when they do, what happens is that only a fraction of your power goes offline when you get a block!

So if you split into 10 addresses, you lose 10% power for a bit. Not sure the full recovery time, but it seems to take a few hours, so the optimum number of addresses is based on how long on average you will get a block. Of course, if you have the time and patience to do this, you could just split it up into 100 accts and then only 1% goes into recovery phase at a time, but that is only worth it if you are a BTCD whale

James
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September 04, 2014, 02:56:22 AM
 #5447

Is there anything that can be done with exchanges staking coins.

What exchanges are staking coins?
I don't think it's possible for us to tell who, or even if with any certainty.  But given the network weight it is sensible to assume that they must be.  It's an interesting situation.  In an ideal world the exchanges would stake your coins and then distribute the earnings proportionally back to you.
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September 04, 2014, 03:01:35 AM
 #5448



 Grin Grin Grin Grin
jd1959
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September 04, 2014, 03:38:26 AM
 #5449

Is there anything that can be done with exchanges staking coins.

What exchanges are staking coins?
I don't think it's possible for us to tell who, or even if with any certainty.  But given the network weight it is sensible to assume that they must be.  It's an interesting situation.  In an ideal world the exchanges would stake your coins and then distribute the earnings proportionally back to you.
I suspect CRYPSTY at least you only have to read last week or so of thread....even James can't withdraw.........so I'm terminating them as a trading option........anyway its up to us as individuals to vote with our feet

and move our coins else where. I've got .000013 BTC left there.....Fuck all everything else is withdrawn

Jon

Edit  I had no problems withdrawing as I'm only a very small fish......But I see someone like James getting the royal run around and think......its the only thing I can do to show my support

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September 04, 2014, 04:12:28 AM
 #5450

Is there anything that can be done with exchanges staking coins.

What exchanges are staking coins?
I don't think it's possible for us to tell who, or even if with any certainty.  But given the network weight it is sensible to assume that they must be.  It's an interesting situation.  In an ideal world the exchanges would stake your coins and then distribute the earnings proportionally back to you.
I suspect CRYPSTY at least you only have to read last week or so of thread....even James can't withdraw.........so I'm terminating them as a trading option........anyway its up to us as individuals to vote with our feet

and move our coins else where. I've got .000013 BTC left there.....Fuck all everything else is withdrawn

Jon

Edit  I had no problems withdrawing as I'm only a very small fish......But I see someone like James getting the royal run around and think......its the only thing I can do to show my support
I've also had issues with cryptsy every time I've tried to withdraw BTCD and even deposit it for that matter (though that was during their wallet upgrade a week ago).  Raising a support ticket usually gets it resolved within a day or two.  I was advised by another user to make a trusted withdraw address, as these are processed more quickly
bitkokos
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0_0


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September 04, 2014, 05:24:18 AM
 #5451

Just a stupid question  Grin
How do I set a password to lock the windows wallet?
Settings / Encrypt wallet
or File / Sign message ?


O_o
IceColdTommy
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September 04, 2014, 05:45:09 AM
 #5452

Just a stupid question  Grin
How do I set a password to lock the windows wallet?
Settings / Encrypt wallet
or File / Sign message ?


Settings / Encrypt wallet
bitkokos
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September 04, 2014, 05:49:36 AM
 #5453

Just a stupid question  Grin
How do I set a password to lock the windows wallet?
Settings / Encrypt wallet
or File / Sign message ?


Settings / Encrypt wallet

thanks!!!

O_o
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September 04, 2014, 05:52:13 AM
 #5454

Just a stupid question  Grin
How do I set a password to lock the windows wallet?
Settings / Encrypt wallet
or File / Sign message ?


Settings / Encrypt wallet

thanks!!!

Something I've been meaning to ask: it has been said that this password should be 'strong' (as, of course, should all passwords, as you already know).
Does that mean 'strong' as in typical password strong, 8 random alphanumeric characters, or 'Strong' as in NXT passphrase 35 random characters?
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September 04, 2014, 05:57:09 AM
 #5455

Just a stupid question  Grin
How do I set a password to lock the windows wallet?
Settings / Encrypt wallet
or File / Sign message ?


Settings / Encrypt wallet

thanks!!!

Something I've been meaning to ask: it has been said that this password should be 'strong' (as, of course, should all passwords, as you already know).
Does that mean 'strong' as in typical password strong, 8 random alphanumeric characters, or 'Strong' as in NXT passphrase 35 random characters?
it is not subject to offline blockchain analysis
unless you are putting your wallet.dat on some Apple storage

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I-Love-BTCD
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September 04, 2014, 08:25:15 AM
 #5456

Quote from: : bob131313 on September 03, 2014, 04:56:07 PM
Is there a potential teleport/supernetwork coin list around? Might be good to make a thread where we can post possible coins to add?
Was thinking paypro might be a good fit. https://bitcointalk.org/index.php?topic=643028.0

ha ha ha
Paypro is One of the biggest scaming in Crypto's world. How can you recommend any garbage for entering the SuperNET. Huh Angry

this is SuperNET , this isn't SuperSitNET.
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September 04, 2014, 08:33:55 AM
 #5457

wow!!!i just can't believe that BTCD is smoothe on the 100Ksat Grin Good job!
I-Love-BTCD
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September 04, 2014, 08:40:55 AM
 #5458

Just picked up my first couple of BTCD's.  Would like to start a local wallet and open it up for staking.  Noob question here, once I've followed the instructions to start staking do I need to leave the wallet online for it to occur or can it be taken completely offline?
You don't have to have the wallet open in order to stake as your coins accrue "coin age" regardless of whether it is open or not, as long as you do not send or receive any other BTCD to your address.  When you do next open your wallet (and unlock it for staking) your next stake amount will include everything for your coin age.  In other words, you could just open it once a week for a few hours (or until you receive a mined block) and you would receive the same stake amount as you would have done if the wallet was open the entire time.  All up you get around 5% pa from staking, and of course there is the as-yet-unknown income that BTCD holders will get from teleport, anon credit card, SuperNET, etc etc.

Good to know.  So if I decide to pick up a few more coins on Cryptsy or something I should hold them in a separate wallet for staking purposes?  Does adding new coins to a wallet that is currently staking somehow mess with the coin age?

I wouldn't use cryptsy. Lots of issues with them.


Also, I have many issues with them. they are doing petty scam. Cheesy
I-Love-BTCD
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September 04, 2014, 08:46:20 AM
 #5459

With Cryptsy the secret to a successful BTCD withdrawal is to withdraw small amounts at a time.  Up to 75 BTCD I have had no problem.  300 BTCD = problem.  They probably are staking and are reluctant to let those funds go so they blame it on software malfunction or whatever.   It's kind of a big joke.
It's not kind of a big joke, it's kind of a big scaming. Grin
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September 04, 2014, 08:59:15 AM
 #5460

wow!!!i just can't believe that BTCD is smoothe on the 100Ksat Grin Good job!

Yes, very curious about recent stability. Perhaps SuperNET has calmed hostile whale games for a while?
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