BTCD is no more

[jl777]

What's NW stake?

The network stake weight, or the total number of coins that are staking at any point in time.  If you are staking, hover over the green arrow in your wallet and it will display three things....

1) Your weight
2) NW stake weight
3) Expected time to earn reward

Right now we have 46k Network weight. Last time we had about >100k. Does this mean now half the ammount of coins is staking? What compounds to "network weight" and "your weight"?

Makes no sense to me that Network weight varies that much. BTCD is a explicit HODL-coin and I think majority of coinholders is staking.

Look at coin control in your wallet to get more insight into staking...
Or buy a High Stake coin that pays 200% or whatever to experiment and learn.

Large fluctuations in Network Weight...
Are generally caused by whales with large blocks staking (hi) and then recharging (lo).

Sorry for interrupt, but is BTCD still staking to give 5% interest per year?
I do understand fluctuation on NW, but I have never paid close to 5% annual rate(I am very well aware of how compound rate works and I have been staking for few months).
So I am just wondering if staking doesn't work as expected or skewed.

what rate are you getting?
are you on a Mac?
also, if you have small amount, variations can be large

one way to smooth out payout is to split into different addresses. theoretically it should be the same, but in practice is seems to boost the results

James

Thanks for the response.
I am using it on Windows and have some good amount.
I haven't really calculated the interest rate meticulously, but I used to get 50~80% of the expected interest and haven't really gotten more than expected daily interest.
I am aware that variance can happen, but I am just asking since I haven't really been on the above-average side(again, I don't calculate daily interest meticulously and I could be wrong).
The other thing is that not every BTCD holder is staking and thus, the actual interest rate should be higher than 5%(correct me if I am wrong since this is my assumption based on poor knowledge about staking).
I don't really care about interest as I am not investing for dividend, but I post a question since this topic showed up.
Thanks

about what percentage of staked blocks are rejected?
80% of expected is pretty good

Think I am getting 10~30% rejection rate.
Could you tell me what it means and why this happens?
Thanks

race condition
your node reports to the network, but so does another. only one can stake a block, so only one node will win

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[jl777]

Hi FUDder, please leave

Who are you referring to?
Fern definitely asked a legitimate question.

@Fern:
That could be a realistic scenario.
But another possibility is that people looking for a anonymous marketplace to trade on will look for the marketplace with the best privacy coin, which might decide the race. Or it won't be decided through decentralized marketplaces at all. Who knows.

I'm not FUDing around here Badass, I'm a NXT, SuperNet and BTCD supporter from way back. And thanks McDoxy1 for your view.

I was hoping James would chime in on now he might see it all panning out over the next few years.

I cant see any single currency being the only currency, that is just not natural. For every category, there will of course be the market leader, but there will usually be the number 2, 3, 4 and 5. All of them trying to climb up the ladder. The further down the ladder you go, the smaller it will get, but we will also see local currencies that are big fish in the small ponds

I think it will be more like the stock market than forex. The reason is that it used to take a nation state to create a viable new currency. Now, quite a bit less resources. So we will see many more, but the market only needs so many. While technically there will be thousands of currencies, the ones that thrive will be approx (Number of categories * 7)

I view crypto as a form of wealth, like fiat, gold, etc. I am working on a way to convert from any crypto to any other crypto, so it wont really be so apparent to the user which one they have, it would probably even be displayed in terms of fiat. Of course, internally it will need to all go through a single currency. I was thinking of using BTCD for that

James

Don't know if this is posted before, but Andreas Antonopoulos would agree. Starting at 18 minutes he's talking about different currencies combined.

The Future of Bitcoin: https://www.youtube.com/watch?v=jw28y81s7Wo&list=PLdba36-UYQPeb2Gsq3ldC1bstxLBLlyUN

Very nice speech. When watchig I came up with the feeling that Andreas Antonopoulos is jl777 

It seems he has understood SuperNET!
His universal currency is sounding almost exactly like what I have in mind for BTCD!!

James

P.S. maybe we can use this a promotional video for SuperNET?

[RichardT]

Perhaps someone should send him a message and inform him about the SuperNET project?

Should link to that video on the SuperNET/BTCD website

[crackfoo]

The latest shift for the BitcoinDark multipool paid out over 45 BTCD.

We need to have some more mining support over here at this pool. It's slowly picking up a little though. The lower prices are a perfect reason to point more hash at the pool. These low prices won't last for much longer as BTCD and SuperNET are nearing their v1 release.

Cheers!

[Cassius]

Price bump, and Wally seems quiet. Anyone have any ideas?

[bitkokos]

Very nice speech. When watchig I came up with the feeling that Andreas Antonopoulos is jl777 

Andreas Antonopoulos is Greek 

[threecats]

Price bump, and Wally seems quiet. Anyone have any ideas?

My wonderings exactly.

[Cassius]

Price bump, and Wally seems quiet. Anyone have any ideas?

My wonderings exactly.

Something weird is going on. A bunch of 5 BTCD orders 1 satoshi apart. Then the standard Wally dust. Maybe someone trying to beat him by putting in lots of little orders so it doesn't look like a wall. Still, odd that it's jumped from 0.0045-0.0055. Guess maybe someone just wanted some BTCD for real!

[jl777]

Price bump, and Wally seems quiet. Anyone have any ideas?

My wonderings exactly.

Something weird is going on. A bunch of 5 BTCD orders 1 satoshi apart. Then the standard Wally dust. Maybe someone trying to beat him by putting in lots of little orders so it doesn't look like a wall. Still, odd that it's jumped from 0.0045-0.0055. Guess maybe someone just wanted some BTCD for real!

besides wally, there was a large BTCD holder that was divesting and would sell into all the 100+ BTCD bids. If he completed his divestment, then that removes a large sell pressure and I doubt most people feel .005 is the right price.

James

[BTCDDev]

Price bump, and Wally seems quiet. Anyone have any ideas?

My wonderings exactly.

Something weird is going on. A bunch of 5 BTCD orders 1 satoshi apart. Then the standard Wally dust. Maybe someone trying to beat him by putting in lots of little orders so it doesn't look like a wall. Still, odd that it's jumped from 0.0045-0.0055. Guess maybe someone just wanted some BTCD for real!

besides wally, there was a large BTCD holder that was divesting and would sell into all the 100+ BTCD bids. If he completed his divestment, then that removes a large sell pressure and I doubt most people feel .005 is the right price.

James

I'm just glad I purchased some more in the .0046 range.

[jl777]

Price bump, and Wally seems quiet. Anyone have any ideas?

My wonderings exactly.

Something weird is going on. A bunch of 5 BTCD orders 1 satoshi apart. Then the standard Wally dust. Maybe someone trying to beat him by putting in lots of little orders so it doesn't look like a wall. Still, odd that it's jumped from 0.0045-0.0055. Guess maybe someone just wanted some BTCD for real!

besides wally, there was a large BTCD holder that was divesting and would sell into all the 100+ BTCD bids. If he completed his divestment, then that removes a large sell pressure and I doubt most people feel .005 is the right price.

James

I'm just glad I purchased some more in the .0046 range.

wally bot recalculated the ceiling to .0057, there are a lot of orders all 1 satoshi apart. I think it has accumulated enough to start pushing the price up, or maybe just stopping the sell pressure is all that it will take

James

[jahl]

guys, i've almost made up for my 2 btc loss in blocknet through trading, to find that BTCD has gone up now, could we pls go back down again? 

[brookefinancial]

Price is now 630K sat on Bittrex, could we see 800K soon after a small pullback?

[PhilipMorris]

Finally some movement. Yay 

[McDoxy1]

Well about time

0.004 - 0.005 was the floor for a whole month now.

Hopefully we will see 0.01 pretty soon again.

[jahl]

Well about time

0.004 - 0.005 was the floor for a whole month now.

Hopefully we will see 0.01 pretty soon again.

lets just hope for one more pulldown shall we

[nwfella]

Well about time

0.004 - 0.005 was the floor for a whole month now.

Hopefully we will see 0.01 pretty soon again.

lets just hope for one more pulldown shall we

Have my fingers crossed.  Was hoping to pick up a few more BTCD on the cheap myself before it really starts taking off!

[Breasal]

Any news on the BTCD client?

[altcoin.center]

Dear BitcoinDark community,

I'm happy to announce that BTCD has been added to Altcoin.Center's addseed node network!

Our high availability DDoS protected servers provide a stable and fast access to the block chains of a handful of carefully chosen coins - now including BitcoinDark.

If you are having trouble getting your wallet synchronized ("No block source available" or slow download speed), just add the following three lines to your BitcoinDark.conf and restart your wallet:

addnode=seeds.altcoin.center
addnode=seeds.altcoincenter.eu
addnode=seeds.altcoincenter.us


Yours,

Jyri
--
Altcoin.Center

[kseistrup]

addnode=seeds.altcoin.center
addnode=seeds.altcoincenter.eu
addnode=seeds.altcoincenter.us

Cool.

Do you have any IPv6 nodes?