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

[Testing Crypto]

Is the POW phase still going on? Can I mine this coin now, or only staking is happening now? I've setup my wallet and its running with the miner ON, but not seeing much activity..
Wallet address: GiveKE3M64ZMi2qA2mFvkNrQSkWQ4CinEM

The good news is, the POW "phase" is forever :-)

2GIVE is a hybrid POS/POW -- the POW is all based on TXFEE's which are a generous 1% of any SEND.

Do you have "setgenerate true" turn on in the console or did you download the RC3 client and set the option for it?

Currently the seed nodes are sending 100K blocks around which drop 1,000 coin rewards every 1/2 hour -- and we're just over half way through the "airdrop" where where are moving ~250M coins to Bittrex 1M coins at a time which creates a 10,000 coin TXFEE block reward.

Good luck!!

-dvd

POW idea looks good! I'm running the self compiled Linux headless daemon with gen=1. Will keep it ON and see if I will get lucky

Block Experts

xtc.inter.com
//Transactions details\\

Status: 2/unconfirmed, broadcast through 23 nodes
Date: 5/6/2016 17:29
To: Neon~ GiveKE3M64ZMi2qA2mFvkNrQSkWQ4CinEM
Debit: -1000.00 2GIVE
Transaction fee: -10.50 2GIVE
Net amount: -1010.50 2GIVE
Transaction ID: 3dc8f0c40a17e211a7ca1e60e7246602cd61800db584acde49721e8f28cd6892
//Advanced options > console\\

17:46:08

setgenerate true -1

17:46:50

getmininginfo

17:46:50

{
"blocks" : 1111,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00024414,
"errors" : "",
"generate" : true,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 1664,
"pooledtx" : 0,
"testnet" : false
}
//DB log\\

Code:

CPUMiner started for proof-of-work

[fartbags]

sorry, didn't read the whole thread...
if i set up 200 wallets, will i become eligible for 200 airdrops or am i missing something? 

I believe you would be eligible. I think everyone would like you better if you only set up a few and maintained them for years to support the network and help it grow.

[TheLittleDuke]

sorry, didn't read the whole thread...
if i set up 200 wallets, will i become eligible for 200 airdrops or am i missing something? 

I believe you would be eligible. I think everyone would like you better if you only set up a few and maintained them for years to support the network and help it grow.

This isn't a give-away -- the "airdrop" requires that you run the wallet in mining mode to compete for the block rewards that are being dropped onto the network by the seed nodes bouncing blocks of coins around -- every 30 minutes during the first 30 days to provide a baseline POS cadence.

In prep for the swap from V1 to V2 -- we  are randomly sending ~250M coins to Bittrex in 1M coin units which creates a 10K coin reward

This is our version of an "airdrop"

Fire up 2, 20, or 200 wallets -- your chances improve of course ;-)

-dvd

[TheLittleDuke]

Code:

    "moneysupply" : 500000000.00000000,
    "connections" : 78,

<3

[penambang]

Which one is correct? 

Code:

http://xtc.inter.com:2751/block/00000cb39519798385fa721a961bd78616fc3112e92c4230d075a964d224e3af

or

Code:

https://www.blockexperts.com/2give/height/1000

DvD please check this

[nathalie20]

Network gH/s
0.116186405
116mH/s
Give v1

[TheLittleDuke]

Which one is correct?  

Code:

http://xtc.inter.com:2751/block/00000cb39519798385fa721a961bd78616fc3112e92c4230d075a964d224e3af

or

Code:

https://www.blockexperts.com/2give/height/1000

DvD please check this

penambang you always bring me the very best puzzles ;-)

This calls for FORENSIC ANALYSIS LAD!

SO...let's start by baselining our assumptions shall we?

Both block explorers are based on databases (mysql in the case of xtc's ABE explorer)...

This means that they BOTH can be wrong!  Let's see what reality is...

With ABE you get what you pay for :p  

It currently cannot tell the difference between a POW block and POS block -- it thinks the chain is one way or the other...I may or may not patch that and give it back to the community...low priority

What this looks like is someone isn't processing ORPHANS correctly -- I'm just guessing at this point...

THE ONLY SOURCE OF TRUTH IS THE BLOCKCHAIN

Code:

 ./2GiveCoind getblockbynumber 1000
{
    "hash" : "00000cb39519798385fa721a961bd78616fc3112e92c4230d075a964d224e3af",
    "confirmations" : 160,
    "size" : 639,
    "height" : 1000,
    "version" : 4,
    "merkleroot" : "8f38f437f45ed2fedf1257d02da2e68e4ab34bd467b3c74feb110f32933da6bb",
    "mint" : 10000.00000000,
    "time" : 1462503229,
    "nonce" : 14419,
    "bits" : "1e0fffff",
    "difficulty" : 0.00024414,
    "previousblockhash" : "00000d99c168dcefd7250c7817ae14dd164a9f1aaa0976176aad72d1c86d43fe",
    "nextblockhash" : "000009024fde24329a52de4579dfc18a714d8ae2e8e858cc773fee62bb755e56",
    "flags" : "proof-of-work",
    "proofhash" : "00000cb39519798385fa721a961bd78616fc3112e92c4230d075a964d224e3af",
    "entropybit" : 1,
    "modifier" : "00000016df653a4a",
    "modifierchecksum" : "5fcbea79",
    "tx" : [
        "167f3e527a1a29d3caeb465b661bf5a46ade2fbdc4246769d029fc47a41f926d",
        "0e2c4e58cdb4aa5b20a43821b20b71e84bfffa7e3e37d44d70522dc503725718"
    ],
    "signature" : "304502203d822a36948a582a1a6c4ffc1000de581ceb4209276d29d09a56b2116fe4dbad022100d961bc5ad5636a17064675386e35c3bfcbca9f7f2505b5241944c79fcb3c2ecf"
}

Comparing that to the raw block in BlockExperts we see this version:

Code:

{
"hash": "000003d19933c95ea1713802c64bc7015428c175a76f7d19d8c6941cde22ae25",
"confirmations": 0,
"size": 640,
"height": 1000,
"version": 4,
"merkleroot": "44ba3d7d6c9eeebfc6827201939ba59123b1055a5c9da94f8fc750d5996b3b92",
"mint": 10000,
"time": 1462503232,
"nonce": 13595,
"bits": "1e0fffff",
"difficulty": 0.00024414,
"previousblockhash": "00000d99c168dcefd7250c7817ae14dd164a9f1aaa0976176aad72d1c86d43fe",
"flags": "proof-of-work",
"proofhash": "000003d19933c95ea1713802c64bc7015428c175a76f7d19d8c6941cde22ae25",
"entropybit": 1,
"modifier": "00000016df653a4a",
"modifierchecksum": "5fcbea79",
"tx": [
"eae48bbb6e9863ecb6caab688842e7f1803bb5945f4029001a1be382b675eb7a",
"0e2c4e58cdb4aa5b20a43821b20b71e84bfffa7e3e37d44d70522dc503725718"
],
"signature": "304502204473b0bd4bbfc2400c3e3a29b1eafd0a4411f9a2790851d46dacfd50ce466fec022100d5fc557bb0514181c2d2c3e195990bfea280896916b9958f250e232dde4ad32c"
}

THE OBVIOUS DIFFERENCE is in the "tx" block where we see that there is difference in the first TX

XTC / ABE = 167f3e527a1a29d3caeb465b661bf5a46ade2fbdc4246769d029fc47a41f926d
BLOCKEXPERTS = eae48bbb6e9863ecb6caab688842e7f1803bb5945f4029001a1be382b675eb7a

Let's assume that we can ONLY trust the blockchain -- so we can, easily from the command line see which is the real TX

Lets try the BlockExperts TX first!

Code:

./2GiveCoind gettransaction eae48bbb6e9863ecb6caab688842e7f1803bb5945f4029001a1be382b675eb7a
error: {"code":-5,"message":"No information available about transaction"}

This was confirmed on three different nodes

Now, lets check the XTC / ABE TX next!

Code:

./2GiveCoind gettransaction 167f3e527a1a29d3caeb465b661bf5a46ade2fbdc4246769d029fc47a41f926d
{
    "txid" : "167f3e527a1a29d3caeb465b661bf5a46ade2fbdc4246769d029fc47a41f926d",
    "txid" : "167f3e527a1a29d3caeb465b661bf5a46ade2fbdc4246769d029fc47a41f926d",
    "version" : 1,
    "time" : 1462503224,
    "locktime" : 0,
    "vin" : [
        {
            "coinbase" : "02e803021974062f503253482f",
            "sequence" : 4294967295
        }
    ],
    "vout" : [
        {
            "value" : 10000.00000000,
            "n" : 0,
            "scriptPubKey" : {
                "asm" : "034cbd0117fe00e8d8c7b79bc463e32692a37c45322e2346c288e87b2c2f631b88 OP_CHECKSIG",
                "hex" : "21034cbd0117fe00e8d8c7b79bc463e32692a37c45322e2346c288e87b2c2f631b88ac",
                "reqSigs" : 1,
                "type" : "pubkey",
                "addresses" : [
                    "GiveDKeT1MTUkqegR7f8mh7Th8ymUC4gzK"
                ]
            }
        }
    ],
    "blockhash" : "00000cb39519798385fa721a961bd78616fc3112e92c4230d075a964d224e3af",
    "confirmations" : 160,
    "txntime" : 1462503224,
    "time" : 1462503229
}

THEREFORE, it appears that BLOCKEXPERTS is NOT accounting for the ORPHAN !!

Sending in another support ticket ;-)

-dvd

[ap1]

FYI, I can confirm that blockexpert mishandled some of the blocks that are marked as orphan in my wallet, as a result they always show more coins than it should be in my wallet. But it only happens to some of them, not all orphans; most are correct as I have tons of orphans too.

[TheLittleDuke]

FYI, I can confirm that blockexpert mishandled some of the blocks that are marked as orphan in my wallet, as a result they always show more coins than it should be in my wallet. But it only happens to some of them, not all orphans; most are correct as I have tons of orphans too.

I've got a support ticket in now -- we'll see what they say.

If they can't do the job we can certainly have someone else do it -- or suck it up and tune up ABE to be more awesome...

The primary reason it is the "rich list" -- but we're going to have that same capability in our community forums that are being built for http://2Give.Info -- where we hope to have a "Get Verified" feature and benefit so that our stakeholders can take credit and demonstrate their commitment to the ecosphere -- bragging rights and walls of fame for more generous etc!

I'd rather focus on getting new features into the wallet -- but I understand we need a trustworthy blockexplorer

One fun idea that occurred to me recently was bolting in the blockexplorer code found in PMP coin right into the wallet under the "Advanced Options" tab -- but that ALSO seems like low value atm ;-)

-dvd

[TheLittleDuke]

New lower tray icon to signal when POW Mining is enabled and a change to the Staking icon from the pick axes to a stack of coins...



Also some prep work to light up the staking icon when staking is eligible (turning those coins to gold too)

This work has been pushed to git as RC4-DEV

More to come!

-dvd

[TheLittleDuke]

Updated - notes added below

I don't know how block 955 happened...

http://xtc.inter.com:2751/tx/36cfe192b326092fa229d15c585eeb045005c646780c6822f174386e4709d9ba

Somehow that block sent what should have been the change of 1446000 as the TXFEE to this address:

GiveWDmK3hPCBohcmSwLUG1n9cZNbRwdSn

Now...I'm not sure if this is a maleability issue or not -- looks like a BUG!!

(possible race condition in the wallet that prevented it from finding its default address)

I could update the Checkpoints, delete the blocks after and bump the version causing a hard fork, but if there is a vulnerability in the chain/codebase I would like to know about it...

OR

The person who owns this address could send it back to say GiveCoin8hYRfrg5A5J4QHuiQ4KZWjYAJj  (default donation address) and then contact me for a REWARD - Which could be bigger  than the 1,446,000 coins!!

-dvd

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

2016.05.08 07:48

I think I found the bug -- at least I found the conditions that could lead to the balance of the transaction not being specifically sent to the the loopback address

[jalmari]

I still dont fully understand how this airdrop works. Is it so that we are actually mining for tx fees, which are much bigger than without airdrop?
If so, doesnt it mean that they who have the most powerful miners (ASIC) will get all the coins?

Or does this work totally differently?

[TheLittleDuke]

I still dont fully understand how this airdrop works. Is it so that we are actually mining for tx fees, which are much bigger than without airdrop?
If so, doesnt it mean that they who have the most powerful miners (ASIC) will get all the coins?

Or does this work totally differently?

Mining for TXFEEs -- correct.  ASIC miners do not have much an advantage since the chain does not accept empty blocks -- there is little incentive -- and since the chain is hybrid POS/POW the bulk of the rewards accrue to the stakeholders.

I'm not saying that someone won't try and find an advantage -- all coins have demonstrated that.

Trying to slow mining down by making the maze harder to navigate (using X11 for example which we're getting away from) -- doesn't make the system any more secure.

Mining is a function of block emit cadence -- originally introduced as a means to meter out new mint every +/- 10 minutes in the original satoshi design.

The 2GIVE target blocktime is coded merely to help throttle POS emissions once the chain gets up to speed.

Since the coins already exist in a send tx, the TXFEE reward only requires a 10 block confirm atm for POW miners since having our SENDS get confirmed as soon as possible is desirable -- and given that a miner will likely be sending coins to be exchanged, those tx will ALSO require the 1% TXFEE so everybody wins.

This is all theory since there hasn't been another chain designed quite like this -- and all crypto's are experiments of sorts.

The good news is if we find that we need to adjust the system, we will do so by stakeholder consensus!

-dvd

[TheLittleDuke]

Updated - notes added below

I don't know how block 955 happened...

http://xtc.inter.com:2751/tx/36cfe192b326092fa229d15c585eeb045005c646780c6822f174386e4709d9ba

Somehow that block sent what should have been the change of 1446000 as the TXFEE to this address:

GiveWDmK3hPCBohcmSwLUG1n9cZNbRwdSn

Now...I'm not sure if this is a maleability issue or not -- looks like a BUG!!

(possible race condition in the wallet that prevented it from finding its default address)

I could update the Checkpoints, delete the blocks after and bump the version causing a hard fork, but if there is a vulnerability in the chain/codebase I would like to know about it...

OR

The person who owns this address could send it back to say GiveCoin8hYRfrg5A5J4QHuiQ4KZWjYAJj  (default donation address) and then contact me for a REWARD - Which could be bigger  than the 1,446,000 coins!!

-dvd

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

2016.05.08 07:48

I think I found the bug -- at least I found the conditions that could lead to the balance of the transaction not being specifically sent to the the loopback address

This address owner contacted me and returned the entire TXFEE to the Charity address.

My thank you was to send 2M coins directly and Karma kicked in the TXFEE as they ALSO won the blockreward <3

https://www.blockexperts.com/2give/height/1237

[TheLittleDuke]

This is the last day of the BIG ~270M coin move to Bittrex in support of their coin swap for Givecoin 1.0 (GIVE) to 2GIVE.

As of right now, we have moved just over 210M coins in 1M coin blocks creating 10K block rewards for POW miners.

At midnight Bittrex has indicated that they will disable further deposits of GIVE.

At that time we will shutdown all of our Givecoin 1.0 (GIVE) infrastructure.

[TheLittleDuke]

We have now moved 270M coins in 1M blocks to Bittrex -- we'll get the final balance of Givecoin 1.0 (GIVE) from them tonight at midnight and transfer the remainder.

Meanwhile we continue to drop 1,000 coin block rewards every half hour as part of seeding the POS network for the first 30 days until it kicks in and self-sustains the chain...

Release Candidate 4 (RC4) is going through beta testing right now -- we hope to have it available for download on Monday.

-dvd

[Testing Crypto]

We have now moved 270M coins in 1M blocks to Bittrex -- we'll get the final balance of Givecoin 1.0 (GIVE) from them tonight at midnight and transfer the remainder.

Meanwhile we continue to drop 1,000 coin block rewards every half hour as part of seeding the POS network for the first 30 days until it kicks in and self-sustains the chain...

Release Candidate 4 (RC4) is going through beta testing right now -- we hope to have it available for download on Monday.

-dvd

   Looking like some great improvements on the GUI, can't wait to test RC4 

[nathalie20]

https://givecoin.miningpoolhub.com  still mined why?

And I 'm waiting for the finished t-shirt designs . They may be ready at the end of this week

[TheLittleDuke]

https://givecoin.miningpoolhub.com  still mined why?

And I 'm waiting for the finished t-shirt designs . They may be ready at the end of this week

Looking forward to seeing your designs!

Looks like miningpoolhub.com got the hint ?   They are at the last block +1 that we show in our wallet and the blockexplorer has been disabled.

I'll drop them a note in case they are just idle due to lack of nodes

-dvd

[Neon~]

Is the POW phase still going on? Can I mine this coin now, or only staking is happening now? I've setup my wallet and its running with the miner ON, but not seeing much activity..
Wallet address: GiveKE3M64ZMi2qA2mFvkNrQSkWQ4CinEM

The good news is, the POW "phase" is forever :-)

2GIVE is a hybrid POS/POW -- the POW is all based on TXFEE's which are a generous 1% of any SEND.

Do you have "setgenerate true" turn on in the console or did you download the RC3 client and set the option for it?

Currently the seed nodes are sending 100K blocks around which drop 1,000 coin rewards every 1/2 hour -- and we're just over half way through the "airdrop" where where are moving ~250M coins to Bittrex 1M coins at a time which creates a 10,000 coin TXFEE block reward.

Good luck!!

-dvd

POW idea looks good! I'm running the self compiled Linux headless daemon with gen=1. Will keep it ON and see if I will get lucky

Block Experts

xtc.inter.com
//Transactions details\\

Status: 2/unconfirmed, broadcast through 23 nodes
Date: 5/6/2016 17:29
To: Neon~ GiveKE3M64ZMi2qA2mFvkNrQSkWQ4CinEM
Debit: -1000.00 2GIVE
Transaction fee: -10.50 2GIVE
Net amount: -1010.50 2GIVE
Transaction ID: 3dc8f0c40a17e211a7ca1e60e7246602cd61800db584acde49721e8f28cd6892
//Advanced options > console\\

17:46:08

setgenerate true -1

17:46:50

getmininginfo

17:46:50

{
"blocks" : 1111,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00024414,
"errors" : "",
"generate" : true,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 1664,
"pooledtx" : 0,
"testnet" : false
}
//DB log\\

Code:

CPUMiner started for proof-of-work

Thanks 'Testing Crypto'! That opened my account