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Author Topic: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★  (Read 822432 times)
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btcdrak
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June 24, 2015, 07:35:26 PM
 #4901


whats wrong?

Maybe click that open button to see if the log has any info?

Is it during the initial sync or after it has syncronised?
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June 25, 2015, 07:03:00 AM
 #4902

You are aware that Gavin is pushing for his XT hard fork, right?  It could wreck BTC.
@btcdrak, is there any news regarding treechain research/progress in anticipation of this?
Any opensource code we could tinker/help with at all??

There is no update from Peter about treechains. Remember it's his experimental concept.
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June 25, 2015, 07:27:27 AM
 #4903

There is no update from Peter about treechains. Remember it's his experimental concept.
Not to worry, thanks for the update though Smiley Hope it's a successful experiment! Grin
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June 25, 2015, 10:19:26 AM
 #4904


whats wrong?

Maybe click that open button to see if the log has any info?

Is it during the initial sync or after it has syncronised?
Smiley

After sync about 17G data, its ok now.

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June 26, 2015, 08:10:12 AM
 #4905

Something that Drak, Todd and co. should read into...

http://kaykurokawa.blogspot.com/2015/06/front-running-decentralized-exchanges.html

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tokeweed
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June 27, 2015, 12:22:38 AM
 #4906

Drak, syncing is too slow.  This is a problem.  Please fix.

I know someone mentioned to use Clearwallet.  But that doesn't mean it shouldn't be looked into and get it fixed.

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tokeweed
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June 27, 2015, 02:33:58 PM
 #4907

Clearinghouse site is down btw...  http://clearinghouse.io

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June 29, 2015, 12:13:15 AM
 #4908

dat uptrend tho Wink
dat uptrend, doh! Sad
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June 30, 2015, 05:21:12 AM
 #4909

Clearinghouse site is down btw...  http://clearinghouse.io

Drak's aware of this it's nothing to worry about, he hasn't said what's going on behind the curtain possibly an update we have to wait and see. 

BTW it will soon be Viacoin's 1st Birthday   

Domain : clearinghouse.io
Status : pendingDelete
Expiry : 2015-05-20

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June 30, 2015, 06:56:53 AM
 #4910

Uhm this is not good .
Hope drak is gonna solve it and bring us an updates soon .
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June 30, 2015, 12:45:01 PM
 #4911

Clearinghouse site is down btw...  http://clearinghouse.io

Drak's aware of this it's nothing to worry about, he hasn't said what's going on behind the curtain possibly an update we have to wait and see.  

BTW it will soon be Viacoin's 1st Birthday  

Domain : clearinghouse.io
Status : pendingDelete
Expiry : 2015-05-20

Yeah there's some shenanigans between registry and the tld registry, in any case I am on it and aware of the issue and it will be solved although it might not be super quick. This is in the wrong thread btw Smiley
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June 30, 2015, 12:50:57 PM
 #4912

Drak, syncing is too slow.  This is a problem.  Please fix.

I know someone mentioned to use Clearwallet.  But that doesn't mean it shouldn't be looked into and get it fixed.

It's being investigated. Remember there's also Vialectrum wallet.
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July 02, 2015, 01:27:03 PM
 #4913

FYI: We have activated Viacoin payout since July 1st. Mine 1 LTC, Get 1 VIA Free (plus 600 DOGE and 1 HUC), only at F2Pool. https://www.f2pool.com/

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July 03, 2015, 08:17:53 AM
 #4914


I'm thinking of getting into this one, but when will the block reward halve? It's not in the OP.

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July 03, 2015, 08:28:55 AM
 #4915


I'm thinking of getting into this one, but when will the block reward halve? It's not in the OP.



It doesnt halve but declines according to this schedule

Blocks 42402-5256000 = 5 VIA
Blocks 5256001-10512000 =4 VIA
Blocks 10512001-15768000 = 3 VIA
Blocks 15768001-21024000 = 2 VIA
Blocks 21024001-26280000 = 1 VIA
Blocks 26280001-31536000 = 0.5 VIA
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July 04, 2015, 05:12:33 AM
 #4916

It doesnt halve but declines according to this schedule

Blocks 42402-5256000 = 5 VIA
Blocks 5256001-10512000 =4 VIA
Blocks 10512001-15768000 = 3 VIA
Blocks 15768001-21024000 = 2 VIA
Blocks 21024001-26280000 = 1 VIA
Blocks 26280001-31536000 = 0.5 VIA

This reward schedule is confusing. VIA has 1,237,584 blocks (30 second block times?) with a money supply of 16,224,325 VIA. That would make the block reward averaging 13.11 VIA/block. The current output is 5 per block and the emission is only about 1/4 the way to the drop to 4 VIA. Was the block reward prior to 42,402 something like 242 VIA?

With a 30 second block time, the current emission will yield 5,256,000 VIA per year. Starting from now, that's an inflation rate of 33.3%. After 1 year, the inflation will drop to 25%. After two years the rate drops to 20%. Then, the 4 VIA reward kicks in and inflation drops to 13% for the 4th year, starting from now. 13-16% is not bad, but the 33.3% annual inflation currently experienced is going to have a significant impact on price.
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July 04, 2015, 12:51:57 PM
 #4917

btcdrak production

block speed is under 30sec I think 26sec?

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July 04, 2015, 04:30:10 PM
 #4918

With a 30 second block time.

It's 24 second blocks target.
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July 04, 2015, 04:47:00 PM
 #4919

Starting from now, that's an inflation rate of 33.3%.

If you're doing percentage calculation you need to take into account the previous blocks too

Block 0 = 0 VIA
Block 1 = 10,000,000 VIA (distributed)
Blocks 2-10001 = 0 VIA
Blocks 10002-20801 = 10 VIA
Blocks 20802-31601 = 7 VIA
Blocks 31602-42401 = 6 VIA
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July 04, 2015, 06:46:42 PM
 #4920

Starting from now, that's an inflation rate of 33.3%.

If you're doing percentage calculation you need to take into account the previous blocks too

Block 0 = 0 VIA
Block 1 = 10,000,000 VIA (distributed)
Blocks 2-10001 = 0 VIA
Blocks 10002-20801 = 10 VIA
Blocks 20802-31601 = 7 VIA
Blocks 31602-42401 = 6 VIA


What I mean is that the money supply will grow by 33% over the next year. History is irrelevant.

How was the 10M "distributed"?
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