mblados
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Activity: 350
Merit: 250
Muroko Blados
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September 02, 2014, 05:04:40 PM |
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Ok! i will bring more updates within 48hrs. Now Im working on a Solution so the New coin won't Fall into the Same situation as we are right now. If anybody want to look into the code, Feel free to do so here is it: https://github.com/NewXDE/DoubleEaglecoin
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Only4money
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Activity: 112
Merit: 10
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September 02, 2014, 05:04:55 PM |
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Looks like your point and your calculations are weak mblados. Let's suppose someone is holding 10% of total POW coins which is 10 out of 100 and another 100 will be generated as per the the 5% per year ratio on POS block. And no matter what the guy will generate max 0.5 out of his 10 coins per year, so all 100 coins will generate max 5 coins per year until all 100 POS coins are generated and this will at least take 20 years to complete. It's a basic calculation and it's impossible for anyone to stake more coins even the major holder isn't able to do it just because of the 5% of quota which can't be bypassed. BTW I think Thirty30 didn't mean that POW stakes POS, what he means how can all the coins generated through POW period will stake another 100 coins in the POS period within few days instead of having 5% max staking quota.
Well! I won't discuss very much on the Calculations that you made, but all I know is the POS is out of coins for the Wallets to continue Staking. The Blockchain can't move if Wallets can't Stake. Actually there is nothing Major wrong with the code that can put everybody in this bad situation. Maybe if you know any other Devs, you can ask them to look into the SRC. Well indeed this coin has some fault with POS but logically it's impossible to generate all those 100 in few days instead 5% per year ratio. POW has already ended for this coin and POS blocks necessary to get the blockchain going. So I urge you to go through the source again, you might find something else causing the probs.
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mblados
Sr. Member
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Activity: 350
Merit: 250
Muroko Blados
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September 02, 2014, 05:12:49 PM |
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Looks like your point and your calculations are weak mblados. Let's suppose someone is holding 10% of total POW coins which is 10 out of 100 and another 100 will be generated as per the the 5% per year ratio on POS block. And no matter what the guy will generate max 0.5 out of his 10 coins per year, so all 100 coins will generate max 5 coins per year until all 100 POS coins are generated and this will at least take 20 years to complete. It's a basic calculation and it's impossible for anyone to stake more coins even the major holder isn't able to do it just because of the 5% of quota which can't be bypassed. BTW I think Thirty30 didn't mean that POW stakes POS, what he means how can all the coins generated through POW period will stake another 100 coins in the POS period within few days instead of having 5% max staking quota.
Well! I won't discuss very much on the Calculations that you made, but all I know is the POS is out of coins for the Wallets to continue Staking. The Blockchain can't move if Wallets can't Stake. Actually there is nothing Major wrong with the code that can put everybody in this bad situation. Maybe if you know any other Devs, you can ask them to look into the SRC. Well indeed this coin has some fault with POS but logically it's impossible to generate all those 100 in few days instead 5% per year ratio. POW has already ended for this coin and POS blocks necessary to get the blockchain going. So I urge you to go through the source again, you might find something else causing the probs. Well, Im on it. The new src is here tho https://github.com/NewXDE/DoubleEaglecoin
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Only4money
Member
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Activity: 112
Merit: 10
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September 02, 2014, 05:31:53 PM |
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Looks like your point and your calculations are weak mblados. Let's suppose someone is holding 10% of total POW coins which is 10 out of 100 and another 100 will be generated as per the the 5% per year ratio on POS block. And no matter what the guy will generate max 0.5 out of his 10 coins per year, so all 100 coins will generate max 5 coins per year until all 100 POS coins are generated and this will at least take 20 years to complete. It's a basic calculation and it's impossible for anyone to stake more coins even the major holder isn't able to do it just because of the 5% of quota which can't be bypassed. BTW I think Thirty30 didn't mean that POW stakes POS, what he means how can all the coins generated through POW period will stake another 100 coins in the POS period within few days instead of having 5% max staking quota.
Well! I won't discuss very much on the Calculations that you made, but all I know is the POS is out of coins for the Wallets to continue Staking. The Blockchain can't move if Wallets can't Stake. Actually there is nothing Major wrong with the code that can put everybody in this bad situation. Maybe if you know any other Devs, you can ask them to look into the SRC. Well indeed this coin has some fault with POS but logically it's impossible to generate all those 100 in few days instead 5% per year ratio. POW has already ended for this coin and POS blocks necessary to get the blockchain going. So I urge you to go through the source again, you might find something else causing the probs. Well, Im on it. The new src is here tho https://github.com/NewXDE/DoubleEaglecoinAll right then hope we gonna see a new fair coin soon and I will probably check the source when I'll have some time. Good luck man and keep us updated.
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ROBERTO
Legendary
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Activity: 1421
Merit: 1001
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September 02, 2014, 06:02:27 PM |
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Hello, we can swap our XDE for doubleEaglecoin?
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jasemoney
Legendary
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Activity: 1610
Merit: 1008
Forget-about-it
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September 02, 2014, 06:41:12 PM |
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Hello, we can swap our XDE for doubleEaglecoin?
if he just hard forks it, all people will need to do is run the new wallet. possibly move your old wallet.dat into the new folder if the qt renamed to "newxde" or anything aside form the current appdata folder. (As always when the fix is released, make backups of wallets etc etc before making any changes) I'll be taking my node offline which has gone from 26 connections to 18 connections in advance of any new release. I suggest when we come close to a new release that bittrex is informed, that we get a proper block explorer, and everyone upgrades so the hardfork wont fork !
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$MAID & $BTC other than that some short hodls and some long held garbage.
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Boina
Newbie
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Activity: 56
Merit: 0
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September 03, 2014, 12:25:10 AM |
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Hey friend, i want to reinstall my windows, what can i do to save my wallet ?
if i reinstall my windows, is my old wallet number still work ? please help me Thanks
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SolarFox
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Activity: 259
Merit: 10
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September 03, 2014, 12:37:14 AM |
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Hey friend, i want to reinstall my windows, what can i do to save my wallet ?
if i reinstall my windows, is my old wallet number still work ? please help me Thanks
Save somewhere c:\Users\NAME\AppData\Roaming\DoubleEagle\wallet.dat Install windows, than restore this file and than run DoubleEagle-qt.exe
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Boina
Newbie
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Activity: 56
Merit: 0
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September 03, 2014, 01:01:41 AM |
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Thank you so much,,
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jasemoney
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Activity: 1610
Merit: 1008
Forget-about-it
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September 03, 2014, 01:15:27 AM |
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that directory wont show up again until you run the wallet on the new system. when you do it will create its own wallet which has 0 coin. remove the fresh made wallet.dat and place the backed up copy in its place.
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$MAID & $BTC other than that some short hodls and some long held garbage.
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khoileminh
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Activity: 33
Merit: 0
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September 03, 2014, 02:35:43 AM |
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My wallet doesn't sync. Pls advise.
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jasemoney
Legendary
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Activity: 1610
Merit: 1008
Forget-about-it
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September 03, 2014, 03:44:48 AM |
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My wallet doesn't sync. Pls advise. there has not been a block mined in 24-36 hours or more. the wallet shows out of sync even though it has the most current block because it expected to have solved blocks since then. a community member has agreed to take over the coin and is looking into a possible hardfork to fix the network. until whatever fix is created and implemented, coins wont be moving... *edit if you cant connect at all there was a list of peer connections a few pages ago. current block height should be ~8311
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$MAID & $BTC other than that some short hodls and some long held garbage.
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kishan889
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September 03, 2014, 11:13:20 AM |
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Purchasing Coins now will be a Good decesion or not ?..
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Jookly
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Activity: 1131
Merit: 1007
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September 03, 2014, 01:07:05 PM |
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Purchasing Coins now will be a Good decesion or not ?.. Can you think of any coins that were successful after a "community takeover"? I am genuinely curious.
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Only4money
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Activity: 112
Merit: 10
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September 03, 2014, 01:17:55 PM |
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Purchasing Coins now will be a Good decesion or not ?.. If it's cheap obviously and if you have extras which you can afford to loose if something goes wrong.
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nikkers
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September 03, 2014, 04:01:49 PM |
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to be honest , i dont think it would be very fair for peeps to just buy up lots of cheap coins now to have for the switchover(just my opinion ) As the rest of us who spent money on mining,and the people who paid a fair amount for their coins will possibly feel a bit hard done by Any opinions on this? Good to see Mblados on the case though
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jasemoney
Legendary
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Activity: 1610
Merit: 1008
Forget-about-it
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September 03, 2014, 04:07:56 PM |
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not much we could do though right? if theyre on the sell side we cant just ask bittrex to pause trading until a new wallet comes out. anyone feel like gambling, please help yourself to cheap coins. I got my 2 at .4BTC, this was supposed to be easy! FU XDEdev... maybe ill get a tiny bit more and new dev Mblados will do an awesome job
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$MAID & $BTC other than that some short hodls and some long held garbage.
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nikkers
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September 03, 2014, 04:13:11 PM |
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not much we could do though right? if theyre on the sell side we cant just ask bittrex to pause trading until a new wallet comes out. anyone feel like gambling, please help yourself to cheap coins. I got my 2 at .4BTC, this was supposed to be easy! FU XDEdev... maybe ill get a tiny bit more and new dev Mblados will do an awesome job Yup, i guess your right i may top up my mined coins a little bit
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mpzel
Newbie
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Activity: 37
Merit: 0
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September 03, 2014, 05:19:49 PM |
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My wallet doesn't sync. Pls advise. there has not been a block mined in 24-36 hours or more. the wallet shows out of sync even though it has the most current block because it expected to have solved blocks since then. a community member has agreed to take over the coin and is looking into a possible hardfork to fix the network. until whatever fix is created and implemented, coins wont be moving... *edit if you cant connect at all there was a list of peer connections a few pages ago. current block height should be ~8311 who is mining now that pow ends ? scuse me there are things that i don`t understand yet...
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jasemoney
Legendary
Offline
Activity: 1610
Merit: 1008
Forget-about-it
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September 03, 2014, 06:38:01 PM |
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My wallet doesn't sync. Pls advise. there has not been a block mined in 24-36 hours or more. the wallet shows out of sync even though it has the most current block because it expected to have solved blocks since then. a community member has agreed to take over the coin and is looking into a possible hardfork to fix the network. until whatever fix is created and implemented, coins wont be moving... *edit if you cant connect at all there was a list of peer connections a few pages ago. current block height should be ~8311 who is mining now that pow ends ? scuse me there are things that i don`t understand yet... Proof of stake "mines" coins after pow phase but in a different way. you cant just point something towards it to mine. in the case of a normal pos coin the wallet reads the coins you control and how long you have had them sitting. if it meets specific criteria you are eligible to solve a block while your wallet is open.
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$MAID & $BTC other than that some short hodls and some long held garbage.
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