[ANN] [2GIVE] / POS+POW HYBRID CHAIN W/5% STAKING AND BLOCK CAPTURE REWARDS

[nathalie20]

Givecoin

We have now confirmed that POW rewards are mature after 10 blocks as well as the POS blocks!
This is the transaction that is the source of the 50 coin reward.

http://xtc.inter.com:2751/block/00000ee391e138ab02575b6707f83bb30141291fd2ac953544b52d8265a232f5

[nathalie20]

Givecoin

This morning while doing some normal SEND TX we observed that that coin selection code tends to favor larger unspent outputs -- we'd like to change that in order to have the wallet play a more active role in helping to COALESCE the coins back into larger units as a counter-measure to the natural splitting that happens in Proof of Stake staking.

[nathalie20]

GIVECOIN

These are the kinds of transactions that we feel would be better performed in larger aggregate blocks when possible.
This coin has been split down either due to normal change return operations or through successive POS transactions.
And when the network powers up to support thousands of users, will "junk up" the chain with marginally value-added blocks.
In Our Humble Opinion

http://xtc.inter.com:2751/block/41717ac232d93b9411dd908de11bdec41b16e540dd15ee56946fbe26f9e5a406

https://www.facebook.com/projectgivecoin/photos/a.365496850266757.1073741828.300593876757055/592838360865937/?type=3&theater

[nathalie20]

GIVECOIN

Our move to Bittrex has started! And YES we are paying 1,000 GiveCoin v1.0 as a TXFEE to help move our coins there, 500K at a time.

https://www.facebook.com/projectgivecoin/photos/a.365496850266757.1073741828.300593876757055/592441517572288/?type=3&theater

[nathalie20]

GIVECOIN

All of Strength in Numbers v1 coins are now at Bittrex -- as of today we own 75.8M coins of a 306M total supply, making us the single largest owner at around 25%

https://www.facebook.com/projectgivecoin/photos/a.365496850266757.1073741828.300593876757055/592989530850820/?type=3&theater

[nathalie20]

Givecoin The new wallet is based on the last Clean Water Coin wallet -- there should be a pix of it in our photo collection here.

And yes the intent is to launch with the full 500M coins, likely we'll set the first block or the genesis block with some number that represents the amount of V1 coins (around 306M atm) -- and then POW mine up the remaining to 500M in our custom GiveCoin* vanity wallet. From here we'll start sending out small batches to Bittrex that will include generous POW rewards for the early adopters. Not sure how long Bittrex will run the conversion. We'll confirm that with them and then socialize it out here and on BTC.

[nathalie20]

GIVECOIN

SUCCESS! We have tweaked the coin selection code to try and bundle up little unspent transactions and removed preference for filling a send from an exact match. This combined with the fact that we purposely try and select 10% more coins to be blended back to the loopback address (as change) -- will help coalesce the chain and acts as a countermeasure to the POS splitting code.
The reason we are doing this is to manage the overall size of the blockchain going forward. When POS transactions successively split unspent outputs into two it means wallets can fire of a lot of staking on very small amounts which in our opinion "junks up" the chain.
We are also hoping at some point to attempt to demonstrate a "predictable hard forking" model that takes all the unspent outputs and creates a new genesis block! This could mean a smaller overall "operating" blockchain, while still maintaining the historical versions.

[nathalie20]

Current Block 321055

Money Supply  310464000 GIVE

New Info GIVE facebook :

We have solicited a bid from an IOS developer to explore leveraging the BreadWallet OSS codebase for a GiveCoin mobile wallet!
https://github.com/voisine/breadwallet

[nathalie20]

GivecoiN

Here we go!

https://www.facebook.com/projectgivecoin/photos/a.365496850266757.1073741828.300593876757055/597947880354985/?type=3&theater

[nathalie20]

GIVECOIN


Woot! Windows wallet first run

https://www.facebook.com/projectgivecoin/photos/a.365496850266757.1073741828.300593876757055/598697670280006/?type=3&theater

[nathalie20]

Windows Wallet beta!

Just need a couple small graphic element changes and we should be ready for Beta Testers! Should be ready tomorrow! — w: doabitofgood.com.

https://www.facebook.com/projectgivecoin/photos/a.365496850266757.1073741828.300593876757055/598762433606863/?type=3&theater

[nathalie20]

The GiveCoin 2.0 Whitepaper / Design Doc


http://bit.ly/2GiveCoin

[nathalie20]

https://www.facebook.com/projectgivecoin/photos/pcb.599319780217795/599318546884585/?type=3&theater

Final graphic elements are coming together with the Qt Wallet

[nathalie20]

Proof of Minting


https://www.facebook.com/projectgivecoin/photos/a.365496850266757.1073741828.300593876757055/599482516868188/?type=3&theater

[nathalie20]

We will prepare a Beta of the Macintosh OS X bundle today. It's a little more involved since it requires some dynamic library patching and then bundling onto a .DMG image. Fortunately we have experience doing this once before when we did it for the Clean Water Coin project last year.
Like or Comment here if you'd be interested in testing the Mac OS X version!

[nathalie20]

There's a bug in the Windows Console -- if you type "help" it crashes and will not restart. The only way to clear it is by rebooting windows -- so lame!
Other commands appear to work like "setgenerate true" and "getgenerate" and "getinfo" works...
FWIW, It works on the Mac Wallet.
Also noticed that the "Build Date" value doesn't appear correctly in the Windows wallet.

[nathalie20]

Building a Windows 10 VM to test on!


https://www.facebook.com/projectgivecoin/photos/a.365496850266757.1073741828.300593876757055/600146356801804/?type=3&theater

[nathalie20]

Looking for a Windows Beta Tester or two!
http://givecoin.io/download/2GiveCoin-win7-beta.zip
Unzip to a folder and run -- the first time it fires up it might take a minute while it generates a custom Give* address.
Once done, come back here and post your Receive address and we'll send you 1000 GiveCoins from the beta chain.
Then check in here to see other peoples addresses and send them a few coins.
*NOTE* These coins are in a beta chain of 100,000 coins -- and will absolutely disappear when we generate the final release.


https://www.facebook.com/projectgivecoin/photos/a.365496850266757.1073741828.300593876757055/599489633534143/?type=3&theater

[TheLittleDuke]

We will prepare a Beta of the Macintosh OS X bundle today. It's a little more involved since it requires some dynamic library patching and then bundling onto a .DMG image. Fortunately we have experience doing this once before when we did it for the Clean Water Coin project last year.
Like or Comment here if you'd be interested in testing the Mac OS X version!

Due to the bug in the Windows wallet (the console crash) -- we're going to focus on fixing that first before release the Mac bundle.

-dvd

[sawa]

Where can I get a source code of a new wallet?