[ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh)

[onsightit]

Question 1:
In the release which caused the current mess, what was the maximum possible number that the code could have generated as interest rate to calculate the interest reward?

One, there is no mess.

The maximum possible interest was unbounded, as designed by PoST.

-Steve

unbounded is not a number.

Go check the code, the var types, the formulas, and tell us the max number that the interest rate could be set to.

The max unsigned integer value is 9223372036854775807.  I've seen it as high as 21000% in some test instances.

The target is inflation.

-Steve

[vipgelsi]

thanks for all the hard work onsightit!

[onsightit]

Everyone that has earned interest, can you specify whether your wallet balance was:

< 10,000
< 50,000 but > 10,000
< 100,000 but > 50,000
< 200,000 but > 100,000
< 300,000 but > 200,000
< 400,000 but > 300,000
< 500,000 but > 400,000
< 750,000 but > 500,000
< 1,000,000 but > 750,000
> 1,000,000

And, were your coins older than 30 days.


This will help me determine on how stake weights are being considered.  You can PM me your answers, if you prefer.

I am most interested in the wallets under 1M coins.

-Steve

PS: Current PoST block height is 835238  bph: 4

Steve, can you PLEASE hold on for a moment, man!
I will tel you this now, as a miner from day one.
Current block height is 835912.
Believe me, you can NOT ignore ALL work that has been done for this project up to block 830000.
Now before you start asking questions, did you go through last 3-4 pages of posts full of questions? Are you prepared for the answers?

Here is my first quesion,

Your height is at 835912 because you are on a PoW fork.  Any mining you are doing past 835000 is just a waste of electricity.  The PoST chain is now at height 835238.

-Steve

And who says that?
I tell you, until there is no consensus, PoW continues. So we ARE at height 835921, and you can't do anything about it alone.
Now please answer the first question I just posted.
It is as per point 1 of Nicks action plan:

"Attention! The Fork has a serious flaw in it. Many more coins are being created from staking than intended leading to an inflationary scenario.

I am reaching out to Steve the developer to do the following.

1. diagnose the scale, scope and cause of the problem.
2. identify the best case solution.
3. Propose and get consensus from the community that the solution is desired and effective.
4. Deploy the solution ASAP."

At this point, I have to defer to the community.  If they want to proceed with PoST, then they will upgrade to 2.0.3.  If they want to stay on PoW, then they will keep running the 1.5 wallet.  It really is a community decision, not mine.  Currently, the majority (56%) wants PoST, and everyone still on PoW is jeopardizing the network.  Furthermore, if anyone wants to receive SLR grants, they will have to be on PoST.  I don't know what else I can say to help you understand. So, listen to the community and make your decision...

All I can say is PoST is working within the latest parameters set by the Foundation, and it will succeed or fail on the decisions made by the SolarCoin community.

-Steve

[y_virtual]

Everyone that has earned interest, can you specify whether your wallet balance was:

< 10,000
< 50,000 but > 10,000
< 100,000 but > 50,000
< 200,000 but > 100,000
< 300,000 but > 200,000
< 400,000 but > 300,000
< 500,000 but > 400,000
< 750,000 but > 500,000
< 1,000,000 but > 750,000
> 1,000,000

And, were your coins older than 30 days.


This will help me determine on how stake weights are being considered.  You can PM me your answers, if you prefer.

I am most interested in the wallets under 1M coins.

-Steve

PS: Current PoST block height is 835238  bph: 4

Steve, can you PLEASE hold on for a moment, man!
I will tel you this now, as a miner from day one.
Current block height is 835912.
Believe me, you can NOT ignore ALL work that has been done for this project up to block 830000.
Now before you start asking questions, did you go through last 3-4 pages of posts full of questions? Are you prepared for the answers?

Here is my first quesion,

Your height is at 835912 because you are on a PoW fork.  Any mining you are doing past 835000 is just a waste of electricity.  The PoST chain is now at height 835238.

-Steve

And who says that?
I tell you, until there is no consensus, PoW continues. So we ARE at height 835921, and you can't do anything about it alone.
Now please answer the first question I just posted.
It is as per point 1 of Nicks action plan:

"Attention! The Fork has a serious flaw in it. Many more coins are being created from staking than intended leading to an inflationary scenario.

I am reaching out to Steve the developer to do the following.

1. diagnose the scale, scope and cause of the problem.
2. identify the best case solution.
3. Propose and get consensus from the community that the solution is desired and effective.
4. Deploy the solution ASAP."

At this point, I have to defer to the community.  If they want to proceed with PoST, then they will upgrade to 2.0.3.  If they want to stay on PoW, then they will keep running the 1.5 wallet.  It really is a community decision, not mine.  Currently, the majority (56%) wants PoST, and everyone still on PoW is jeopardizing the network.  Furthermore, if anyone wants to receive SLR grants, they will have to be on PoST.  I don't know what else I can say to help you understand. So, listen to the community and make your decision...

All I can say is PoST is working within the latest parameters set by the Foundation, and it will succeed or fail on the decisions made by the SolarCoin community.

-Steve

At this point, we, including you, must "diagnose the scale, scope and cause of the problem".
Then proceed to step 2. What is so hard to understand about that? I will continue with my work as a tester on point 1. My next question follows as a reply to your reply to question 1.

[y_virtual]

Question 1:
In the release which caused the current mess, what was the maximum possible number that the code could have generated as interest rate to calculate the interest reward?

One, there is no mess.

The maximum possible interest was unbounded, as designed by PoST.

-Steve

unbounded is not a number.

Go check the code, the var types, the formulas, and tell us the max number that the interest rate could be set to.

The max unsigned integer value is 9223372036854775807.  I've seen it as high as 21000% in some test instances.

The target is inflation.

-Steve

Question 2:
On the pop-up box next to the Staking circle we saw numbers for the interest rate going up to only 99%. Were they refering to this same interest rate with a max unsigned integer value of 9223372036854775807?

[y_virtual]

Question 2 again, as well as question 3:

2. On the pop-up box next to the Staking circle we saw numbers for the interest rate going up to only 99%. Were they refering to this same interest rate with a max unsigned integer value of 9223372036854775807?

3. In the first 2 hours of the Vericoin transition to PoST, what was the maximum interest rate achieved?

[CryptoNick]

Everyone that has earned interest, can you specify whether your wallet balance was:

< 10,000
< 50,000 but > 10,000
< 100,000 but > 50,000
< 200,000 but > 100,000
< 300,000 but > 200,000
< 400,000 but > 300,000
< 500,000 but > 400,000
< 750,000 but > 500,000
< 1,000,000 but > 750,000
> 1,000,000

And, were your coins older than 30 days.


This will help me determine on how stake weights are being considered.  You can PM me your answers, if you prefer.

I am most interested in the wallets under 1M coins.

-Steve

PS: Current PoST block height is 835238  bph: 4

Here is a heads up on my wallet just FYI.
70,000 Coins
No Interest yet even though it says Staking, and there are Zero Coins reserved. Also keeps cycling through the percentages as it states, expected time to earn interest NOW. 12 Hours into staking non stop.
My coins were sent from Bittrex on the night before PoSTmas doubled my wallet All of those transactions are gone other than the first orphaned that just lists with a Question mark in transactions.

[y_virtual]

Question 2 again, as well as question 3:

2. On the pop-up box next to the Staking circle we saw numbers for the interest rate going up to only 99%. Were they refering to this same interest rate with a max unsigned integer value of 9223372036854775807?

3. In the first 2 hours of the Vericoin transition to PoST, what was the maximum interest rate achieved?

Question 2 and 3 again, with an additional question 2.1 (from observations on the current 2.0.3 version):

2. On the pop-up box next to the Staking circle we saw numbers for the interest rate going up to only 99%. Were they refering to this same interest rate with a max unsigned integer value of 9223372036854775807?

2.1.  In 2.0.3, a cap of 10% on the interest rate has been introduced, right? The pop-up box next to the Staking circle shows a number for the interest rate going up to 99%, again. Where is this number actually coming from and what does it represent?

3. In the first 2 hours of the Vericoin transition to PoST, what was the maximum interest rate achieved?

[TooQik]

Everyone that has earned interest, can you specify whether your wallet balance was:

< 10,000
< 50,000 but > 10,000
< 100,000 but > 50,000
< 200,000 but > 100,000
< 300,000 but > 200,000
< 400,000 but > 300,000
< 500,000 but > 400,000
< 750,000 but > 500,000
< 1,000,000 but > 750,000
> 1,000,000

And, were your coins older than 30 days.


This will help me determine on how stake weights are being considered.  You can PM me your answers, if you prefer.

I am most interested in the wallets under 1M coins.

-Steve

PS: Current PoST block height is 835238  bph: 4

Longer time reader, first time poster.

My wallet has been staking for just over 7 hours. Spendable showing as 54,000, Staking showing as 0 and Unconfirmed showing as 0. Wallet is showing as In sync and staking and cycling through percentage rate for Earnable mature interest. Expected time to earn interest is showing now. I've not earned any interest yet.

Youngest coins have been in my wallet since 10th August 2014.

Hopefully this is helpful.

Appreciate all the hard work and efforts of everyone involved in the creation and ongoing support for this coin. This is THE coin that got me into digital currency.

[Epiphany]

Steve, I sent you a PM with my results.

[themeco]

I've been running the wallet for around a day now, staking away with fluctuating % values. So far no coins have been staked like others have mentioned, nothing seems to be happening apart from some memory and CPU usage.

[y_virtual]

Question 2 again, as well as question 3:

2. On the pop-up box next to the Staking circle we saw numbers for the interest rate going up to only 99%. Were they refering to this same interest rate with a max unsigned integer value of 9223372036854775807?

3. In the first 2 hours of the Vericoin transition to PoST, what was the maximum interest rate achieved?

Question 2 and 3 again, with an additional question 2.1 (from observations on the current 2.0.3 version):

2. On the pop-up box next to the Staking circle we saw numbers for the interest rate going up to only 99%. Were they refering to this same interest rate with a max unsigned integer value of 9223372036854775807?

2.1.  In 2.0.3, a cap of 10% on the interest rate has been introduced, right? The pop-up box next to the Staking circle shows a number for the interest rate going up to 99%, again. Where is this number actually coming from and what does it represent?

3. In the first 2 hours of the Vericoin transition to PoST, what was the maximum interest rate achieved?

Next questions follow, but it is important to have answers for 2 , 2.1, 3 so that I post additional questions on those.

Questions 5,6,7 intro:

Here is what we reached a consensus on (Steve, those were your proposals and reasoning):

I need to confirm that mining is still going on and at what height.  840000 gives me time to sort it out. But yes, if there's consensus to make it 832000 or 833000, I'm ok with issuing a new release.

-Steve

Concerning ending PoW at 840000.  If we leave it at 840000, this gives me time to debug the CryptoID issue, and it gives me time to setup another testnet to verify the changes.

On a personal note, I was supposed to leave on a two day rock climbing trip today. I've postponed it to tomorrow, so that gives me time for a much needed break, and all of the above.

I'm ok with whatever the consensus is, though.

-Steve

PoW mining is not at 840000 yet, so we have not reached the block height agreed upon in the consensus we did have.

Now question 5:
5. How much time do you need to debug and fix the CryptoID issue? Can it be done before PoW block 840000?

Why is this so important: the BlockChain explorer is an integral part of the system. One of the reasons for the concesus we had about block 840000 was that you said you think you will be able to make it work by then. Only when it works everyone can verify the numbers and overlook the network stats, thus control the transition to PoST process. When it doesn't work, the SLR blockchain is practically unoperational for the outside world.

Question 6:
6. How much time is needed for you and the MiningPoolHub to sort out and fix the issue with programmatically transitioning from PoW to PoST?

Question 7:
7. How much time is needed to setup another testnet to verify the changes?

Once again - all these were issues you brought up for solving, and we did have a consensus for block 840000 so that you can have them solved BEFORE the transition to PoST.

[vipgelsi]

Everything is working just fine. Besides blocks being super slow. Myself and family and friends are going to stick with PoST.

My question is why does the staking go from 0% all the way up to 99% and then back down without earning interest.

Also i have about 5 earn interest transaction and about 9 that where not accepted

[solarcoiner]

I think y_virtual has some very valid concerns:
It sure seems like he has put a lot of time and hard work into figuring what went wrong last time.
As an investor every question he asks is just as important to me as it is to him.
That being said it should be just as important to anyone else if you care about slr's future.

Edit: It seems like most people here just follow blindly and dont give two sh*ts



 

[solarcoiner]

Everything is working just fine. Besides blocks being super slow. Myself and family and friends are going to stick with PoST.

My question is why does the staking go from 0% all the way up to around 90% and then back down without earning interest.

Also i have about 5 earn interest transaction and about 9 that where not accepted

Everything seems to be working fine. We can only know that for sure once all questions have been answered. And we NEED the block explorer

[vipgelsi]

Any way i could slow down the wallet so i still earn interest but less cpu usage?

[dbstmddhks]

Something is not clear right now.

Is there some programmers or coders in solar foundation ??

I am some worried about the security of blockchain of solarcoin.

[vipgelsi]

no new blocks for 25 minutes

So I restarted my wallet and then I generate the next block a minute after restart. Coincidence?

[corather]

Everything is working just fine. Besides blocks being super slow. Myself and family and friends are going to stick with PoST.

My question is why does the staking go from 0% all the way up to 99% and then back down without earning interest.

Also i have about 5 earn interest transaction and about 9 that where not accepted

That's how staking works. Those percentages are a representation of your chances of generating a block with your network weight taken into consideration. Though post is a little different. My experience with staking other coins shows this behavior as completely normal. Some will not be accepted, which is also normal.

It's counter intuitive. Often you'll notice that your wallet will display now as the time it will generate a block, which means your wallet is ready to generate one, but you still have to consider coin age, and whatever else post-staking takes into account while running through its algo.

This wallet staking behaves like every other staking coin I've worked with.

[corather]

Any way i could slow down the wallet so i still earn interest but less cpu usage?

This part could be fixed. It does seem a bit cpu hungry.