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Author Topic: [ANN][FLT] Fluttercoin Ƹ̵̡Ӝ̵̨̄Ʒ | Proof of Transaction 3.0 | Update v0.7.5.22  (Read 127050 times)
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July 07, 2015, 04:39:08 AM
 #761

cryptsy is back up if anyone noticed, had them start daemon with the -nosmsg.  I have found the function or narrowed it down to the functions related.  Have not had time to see why those functions are causing the issue yet...

--o

if you use a fluttercoin.conf file, adding nosmsg=1 to it will disable the messaging component until we get it fixed. 

--o

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July 10, 2015, 02:16:32 AM
 #762

New test client (still says .17), BACKUP your wallets first...

I have it running on my main wallet.  Tested all the main things, syncs, sending, receiving, staking, fluttershare, etc.  I have not tested mining, but that should be unaffected, but someone test if they can.

github for this version...
https://github.com/ofeefee/fluttercoin/tree/dev

64bit windows
https://dl.dropboxusercontent.com/u/107300/fluttercoin-64-windows-v0.7.5.17.zip

Regards,
--o

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July 12, 2015, 03:35:53 AM
 #763

Notice

Letting you know now, start splitting your large blocks up to <10000, (mine are in the <2000 range) as they stake. 

We will be hardforking to correct some issues with time drift, and to penalize large block sizes that do not benefit the network.  Most are already doing this which drastically helps the security of the coin, thank you!

Change after hard fork, sometime post 30 days from this post, more like 45 days most likely, don't want anyone to not get their full stake leading up to this... If you have fluttercoin blocks with >10000FLT they will only stake for the pow reward block size.

Example scenario
Before --  9000FLT 30 days mature stakes, produces 180 at current diff
After -- 180

Before -- 23455 reward 469
After -- 10

Before -- 10023 reward is 209
After -- 10

Before -- 7654 reward 153
After -- 153

--o

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July 12, 2015, 10:38:59 AM
 #764

hello
I have few question:
1.If I run (nonstop)two different wallet in two different PC , but for one IP, why I can't get fluttershare for each?
2.has recenly morning after night, in one my wallet(with small amount FLT) I saw last transction for staking around 1600FLT with green check(over 300 confirmation), but did not change balance, I restart wallet and this transaction gone , appeared two small transaction for staking  Huh
3. can me explain about generated but not accepted , I have 3 transaction total around 75000FLT  Huh
thanks

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July 12, 2015, 03:42:39 PM
 #765

Notice

Letting you know now, start splitting your large blocks up to <10000, (mine are in the <2000 range) as they stake.  

We will be hardforking to correct some issues with time drift, and to penalize large block sizes that do not benefit the network.  Most are already doing this which drastically helps the security of the coin, thank you!

Change after hard fork, sometime post 30 days from this post, more like 45 days most likely, don't want anyone to not get their full stake leading up to this... If you have fluttercoin blocks with >10000FLT they will only stake for the pow reward block size.

Example scenario
Before --  9000FLT 30 days mature stakes, produces 180 at current diff
After -- 180

Before -- 23455 reward 469
After -- 10

Before -- 10023 reward is 209
After -- 10

Before -- 7654 reward 153
After -- 153

--o

I've never found a good document anywhere that explains how to split blocks - is there such a thing? Can someone write a quick "how to" so I can comply with this request? I want to maximize my FLT staking.

Edit: How or why to do so. It almost feels like people want to keep it a trade secret.

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July 12, 2015, 06:34:58 PM
 #766

KZ has a youtube video on it i think.

Basics..
Settings->Options->Display->Enable Coincontrol (will try to have this enabled by default going forward)
Select Send Coins
Select the block or blocks you want to split, can sort by a variety of things, or search for things...
Check the checkbox splitblock, enter the number of blocks, it will estimate the new size.
Click the address button to send to, choose one of your addresses, amount.  And you can choose to return change (if it has any) to the sending address, or to another address using custom change. (these are optional)

--o


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July 12, 2015, 06:37:55 PM
 #767

hello
I have few question:
1.If I run (nonstop)two different wallet in two different PC , but for one IP, why I can't get fluttershare for each?
2.has recenly morning after night, in one my wallet(with small amount FLT) I saw last transction for staking around 1600FLT with green check(over 300 confirmation), but did not change balance, I restart wallet and this transaction gone , appeared two small transaction for staking  Huh
3. can me explain about generated but not accepted , I have 3 transaction total around 75000FLT  Huh
thanks


sounds like you have an older wallet that doesnt know how to handle PoTv3 type transactions.  When you stake or send coins, this is eligible for PoT if that is selected on a new block, paying you additional FLT for "using" the coin.

Generated but not accepted means that you created a block, but another block at the same time was selected instead of yours, these are what they call orphans.  Meaning your block was discarded by the network for a better one.  THe coins that generated this will generate another.

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July 12, 2015, 06:49:38 PM
 #768

Notice

Letting you know now, start splitting your large blocks up to <10000, (mine are in the <2000 range) as they stake. 

We will be hardforking to correct some issues with time drift, and to penalize large block sizes that do not benefit the network.  Most are already doing this which drastically helps the security of the coin, thank you!

Change after hard fork, sometime post 30 days from this post, more like 45 days most likely, don't want anyone to not get their full stake leading up to this... If you have fluttercoin blocks with >10000FLT they will only stake for the pow reward block size.

Example scenario
Before --  9000FLT 30 days mature stakes, produces 180 at current diff
After -- 180

Before -- 23455 reward 469
After -- 10

Before -- 10023 reward is 209
After -- 10

Before -- 7654 reward 153
After -- 153

--o

I'm not sure I understand you correctly. If you hold say 1.000.000.- or more, is it not good to keep it in one big block in one FLT address?
When me "big block" stakes it usually takes few hours, when smaller blocks stakes like 100k or less it takes days.
Splitting 1.000.000. flt block to 500 blocks of 2000 will make staking take forever.



Yes you are exactly correct.  This puts the coin at risk. Yes, it's fun to be able to just start a 1+ million coin wallet and stake it a single day, then shut it down until next month, or do this once over the 90 day period (yes I know who you are, lol).  This is the entire reason I am looking at this.  Splitting the blocks to 500 blocks of 2000 means that it is much more likely that your client will participate in the network going forward.

The alternative to this, which I have not discussed is to reintroduce the original POS reward subsidy limit of 10 FLT, which was removed during the hardfork early on in FLT history with PoTv2 see kidcoins code below line 1056 of main.cpp.  I ran across this yesterday in the code, and am debating on just flipping the switch to enable this.  This means that it no longer really matters what size block you want to stake, it will only be able to produce a max of 10FLT going forward.  I don't' like this personally because it really limits the fluttershare, and PoTv3 staking changes, as you only have 10 to work with (see PoW PoT 5FLT transactions).  But I have to admit reducing the inflation to a maximum 10k/day does seem advantageous to us large holders.  But that's not really what this coin is about.

    if(nTime < FORK_FINAL)
    {
        if (fDebug && GetBoolArg("-printcreation") && nSubsidyLimit < nSubsidy)
            printf("GetProofOfStakeReward(): %s is greater than %s, coinstake reward will be truncated\n", FormatMoney(nSubsidy).c_str(), FormatMoney(nSubsidyLimit).c_str());

        nSubsidy = min(nSubsidy, nSubsidyLimit);
    }

this is not set in stone, but for one the inflation needs to be smoothed out, two we need more participation on the network, and limiting the coin creation spikes of 200k, 1.5 million, 600k, 495k etc. that pop up on the https://chainz.cryptoid.info/flt/#!overview which shows you the daily coin generation.

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July 12, 2015, 06:53:31 PM
 #769

and to demo the PoTv3 changes, you can see as my blocks stake they share a little bit of FLT with others...If you have this in a 1 million block and you stake, I hope my address gets picked for PoT!  I get 5% of that reward.

https://chainz.cryptoid.info/flt/tx.dws?cda25821e4e95ac2cb4a30d1093e989d5680a1c93ce9bb2436c3adec48cefc12.htm

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July 13, 2015, 12:45:43 PM
 #770


Yes you are exactly correct.  This puts the coin at risk. Yes, it's fun to be able to just start a 1+ million coin wallet and stake it a single day, then shut it down until next month, or do this once over the 90 day period (yes I know who you are, lol).  This is the entire reason I am looking at this.  Splitting the blocks to 500 blocks of 2000 means that it is much more likely that your client will participate in the network going forward.
How do you know me Huh   Grin hehehe ....
You are right about it tho, I tend to shut down my client between staking points, me bad!
Just how important is it to have the client running all the time?


But I have to admit reducing the inflation to a maximum 10k/day does seem advantageous to us large holders.  But that's not really what this coin is about.
You are talking about 10k FLT total / divide to every staking coin?
How much is the inflation to day? Not in % but in total coins?

What we need is not to get endless "free flutters" .... what we need is more value to our flutters.
Maybe the staking system is reducing the value over all, many big holders (Like you) dump their rewards coins on regular basis driving the price down.

Actually that was for another holder that I know is doing this.  I used to do it too.

If coins are not participating and staking consistently the difficulty is low.  This can be used as an attack vector to take control of the chain easily.  Also the interest is based on the diff.  Low diff 100% interest, and lowers from there, for the last month or so we are at 25-30%.  Coin uses dynamic interest.

Free flutters are what this coin is about, however all the free flutters are built into the block values as part of the block total.  95% to miner, 5% to PoT.  And the free fluttershare is self funded through a staking wallet, or donation from the Team.

Fluttershare can be used as well but this is generated from part of your stake directly.

Important to know that these features do not produce additional coins but use the existing supply/creation mechanisms.  It is what makes fluttercoin unique out of all the coins in existence.

The staking system is indeed high, however we are not the only coin with the staking system, bottle caps, (200%) hobonickel (100%).  Hyperstake has a set interest rate of  750% and a limit on stake reward of 1000.

The good news in all of this is we haven't really changed anything, even the change I suggest is one to keep your blocks less than 10k if staking.  Other than this the mechanics are the same.  It allows someone who just wants to get started in flt to join in and use the same system that has been available.  I started with 200k flt.  And have added since.  And yes I am a stakeminer and do sell my stake above my set goal currently.

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July 13, 2015, 01:39:47 PM
 #771

plz explain me if I open coin control an see some amount which age over 90 , that means I not can receive any rewards for stake this amount? but why near this amount show potential stake more than zero.
thanks

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July 13, 2015, 02:50:27 PM
 #772

plz explain me if I open coin control an see some amount which age over 90 , that means I not can receive any rewards for stake this amount? but why near this amount show potential stake more than zero.
thanks

if age is over 90, it is possible it could stake, but that means that the max reward is 90days of coin age.

For instance if I had 100FLT, and interest was .02% for 30 day mature.  If the coin is aged 90 days, this will reward .06%, because it can pay out up to 90 days of maturity.  I have most of my blocks between 1-2k, and some have 60 days of age, but you don't have issues with the rewards never being seen until you are post 90.  But depends on the block size. I normally will grab anything <amount 1000 and roll this into a block so I don't have small inputs lying around.  And compare this to my HYP wallet, I have some blocks of 1000+ that are 160 days of age on them...and on Hyp you have to game the blocks so they will stake fast enough but you don't lose out on the interest values, and they mature at 8.8 days, so think of our coin at 30 days, and cut this to 10 days of maturity, and you triple the diff and coins staking.  This is a balancing act as you can imagine, which is why I haven't proceeded with reducing the maturity windows, or the block reward limits, or interest systems, etc.




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July 13, 2015, 05:31:38 PM
 #773

I started with 200k flt.  And have added since.  And yes I am a stakeminer and do sell my stake above my set goal currently.
When I bought FLT for the first time I bought around 20k and the price was 0.00002450.
Now I have 1.453.500 flutters just with trading and staking.

If you limit the "stake" rewards to little blocks you should limit the staking time as well. The reason I only stake big chunks is the huge staking time after the coins matures. I did a little experiment, in my wallet there is a address with 86.111 flt. last friday they hit 30 days and got mature.
Yesterday I got announcement from my wallet, "Incoming transactions" 2237.427926 flt. Few hours later gone! Now it's status is: conflicted

Status: conflicted
Date: 12.7.2015 13:36
Source: Generated
Credit: (not accepted)
Net amount: 0.00 FLT
Transaction ID: 52d72f271a24af97263556fec43f165773ec2e67e1a5fb4d7b9a2bc717bcbae7

Generated coins must mature 32 blocks before they can be spent. When you generated this block, it was broadcast to the network to be added to the block chain. If it fails to get into the chain, its state will change to "not accepted" and it won't be spendable. This may occasionally happen if another node generates a block within a few seconds of yours.


What happen next ?

And one more thing, maybe it's good thing to limit block size staking pot, I don't think its fair that Cryptsy is staking coins that they don't own and get to keep the rewards.

huge staking time is just part of the issue with staking coins in general unfortunately, the more blocks you have to stake the longer it takes.  Think if I reduce it to 10 days from 30.  That means that there is 3x as many blocks as there is now competing for stake.  So this will push blocks out further as well, I expect they still will take 60+ days if not more, just the way it is.  It does allow you to get returns faster, but we are a transaction type coin, so staking as good as it is, not primary goal of the coin, definitely a bonus!  Like i said earlier I think, Hyp has 8.8 days for maturity, but I have nice sized blocks that are 160+ days old...and it maxes rewards at 30 days if I recall, so lots of wasted stake going on there.

Orphans, yes you will have these.  just like in PoW mining that can create blocks from different miners, same can happen on PoS.  The block will stake again.  There is some code that you can run a checkwallet, and do a repair on these and it will remove them from the wallet so they don't take up space being recorded (it's on the TODO list).

The smaller blocks are useful when you want to spend too, so you don't affect the age of other blocks.  I will consider the staking time, that may be another fork necessary, that has lots of additional spots in the code where it can get complicated and will break things if you miss something.

cryptsy is not staking coins, if their address is tagged it may be something else, but I know they are not actively staking.

...Uchit...






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alibabacool
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July 14, 2015, 02:10:42 AM
 #774

Hi, ofeefee!
I support your idea: to penalize large block. But it will be great to increase splitthershold value (as I understand, current value is 2000) or enable manual setup of splitthershold value (like in Hobonickels or Bottlecaps). As for me ideal value is near 5000.
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July 14, 2015, 03:14:27 AM
 #775

Hi, ofeefee!
I support your idea: to penalize large block. But it will be great to increase splitthershold value (as I understand, current value is 2000) or enable manual setup of splitthershold value (like in Hobonickels or Bottlecaps). As for me ideal value is near 5000.

Like adding a rpc call to set splithreshold?  Yes it won't split if it would create a block <1k

I would like to allow traders/investors make educated choices on what the coin is doing.  Right now trying to gauge things is extremely difficult, we have wide swings in inflation daily, its not something you can reliably estimate or plan.  Also makes planning for future like things we need to do and fix items that may be worthwhile we cannot determine.

I think if we can try to limit stake to no more than 1000 on blocks this will even this out some.  However I dont t really want to cap the subsidy, others do that, hyp, cap, hbn but it does work. For instance you cannot produce more than 1000 flt reward on a stake block.  This would mean if you can stake in 30 day maturity 50k works, if it takes 60 days you need to have 25k, and then have to adjust things further if diff changes and more.  

I really think that overly complicated things.  I would much rather say you don't need to optimize blocks or game it, just make them less than 20k or 10k, and you get full reward up to 90 days.

With that said, 50k @90 makes 3000flt, 25k 1500, 10k 600.  So I would like to limit this to a 1000 as much as possible.  50k@30 days might not be a bad block limit, and is much easier to manage and lets soomster keep kind of large blocks?

Soomster what are your thoughts.  Force smaller blocks or just truncate the reward at 1000?

Anyone else have some ideas they want to throw out in their experience of what works or doesn't in other coins.

...Uchit...






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nubbins7
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July 14, 2015, 05:23:50 PM
 #776

Is anyone else having this problem? i am synchronizing with the network and a few minutes later
the wallet just shuts down anyone knows what i should do? thanks.

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July 14, 2015, 06:01:49 PM
 #777

Is anyone else having this problem? i am synchronizing with the network and a few minutes later
the wallet just shuts down anyone knows what i should do? thanks.

Download my fix a page or so back, I don't have it up on github for download, unless you want to compile from source.

...Uchit...






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nubbins7
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July 14, 2015, 06:57:39 PM
 #778

Is anyone else having this problem? i am synchronizing with the network and a few minutes later
the wallet just shuts down anyone knows what i should do? thanks.

Download my fix a page or so back, I don't have it up on github for download, unless you want to compile from source.


Ok i downloaded it now what i have to do with it? thanks for the help.

Edit: I think i have it working lets see.

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July 14, 2015, 08:47:52 PM
 #779

Wallet up and running with no problems thanks. Smiley

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July 14, 2015, 09:09:08 PM
 #780

Another question folks after 30 day and i start staking do i have too do anything
with "block browser"? or it will just start staking on it own like all the other POS coins?

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