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

[mazzaneo]

Is there any chance that a weak sempron cpu can harm your chances of finding a block? So far I have only got .255 of a SLR after almost 24 hours of staking with a hefty amount of coins.

[corather]

Is there any chance that a weak sempron cpu can harm your chances of finding a block? So far I have only got .255 of a SLR after almost 24 hours of staking with a hefty amount of coins.

You can go days and sometimes weeks without finding a block. The more participants on the network, the greater the chances of anyone generating a block. It's really just a numbers game.

[mazzaneo]

Is there any chance that a weak sempron cpu can harm your chances of finding a block? So far I have only got .255 of a SLR after almost 24 hours of staking with a hefty amount of coins.

You can go days and sometimes weeks without finding a block. The more participants on the network, the greater the chances of anyone generating a block. It's really just a numbers game.

So the power of the CPU is completely irrelevant?

[mazzaneo]

BTW Guys, same as last year, with Christmas around the corner, if anyone is interested in purchasing Luxury Natural Soy Wax Candles from Candlelit Day, we DO accept SolarCoin

[corather]

Is there any chance that a weak sempron cpu can harm your chances of finding a block? So far I have only got .255 of a SLR after almost 24 hours of staking with a hefty amount of coins.

You can go days and sometimes weeks without finding a block. The more participants on the network, the greater the chances of anyone generating a block. It's really just a numbers game.

So the power of the CPU is completely irrelevant?

More or less. I ran the ARCH wallet on an Asus netbook with an Intel Atom n270 CPU, still found blocks. I found one block already with Solarcoin on the same netbook computer. But after nearly 24 hours and 33 blocks found, the network doesn't have enough participants yet to really get the ball rolling. I have to repeat though, sometimes it can take days to find a block. Other times you'll get a few in one day.

[Epiphany]

It seems to me one of the unrecognized benefits of this new wallet is the ability to tweak and adjust the algorithm as we go without really having to go through such a major fork again. It's just a matter of upgrading from within the wallet itself. Took a while for that to really sink in. That's kinda awesome.

[Solaris33]

The "Earnable matured interest" in the pop-up box next to the Staking circle is actually the Time-active fraction with range of 0 to 1 (0% to 100%)
Please see pages 6 and 7 of the link below:
http://www.vericoin.info/downloads/VeriCoinPoSTWhitePaper10May2015.pdf

It is a confusing label carried over from VeriCoin.
An attempt will be to display the interest rate if it does not consume to much CPU power.
If not, the confusing label "Earnable matured interest" will be removed.

[CryptoNick]

Is there any chance that a weak sempron cpu can harm your chances of finding a block? So far I have only got .255 of a SLR after almost 24 hours of staking with a hefty amount of coins.

There may be something to CPU power since I have a 6 Core 980X 3.2GHz and I just got a 5.47 reward on 70,000 coin after 16 hours of staking. I also sent a test transaction of 9.8 SLR for the first transaction in my wallet and no coins were reserved while staking for 16 hours. This 5.47 may have been based on that first transaction and this would explain how long it took since I have less chances to hit on 9.8 SLR?

Now after I found the reward it reserved my second transaction of 59,992.12315767 plus the 5.47526756 reward. The exact amount staking is 59,997.59842523 there is no doubt the reward is included as the math is exact and the transaction 59,992.12315767 and stake reward 5.47526756 equal the amount staking reserved coin. The 5.47526756 only has 11 confirmations out of 510 but my total unconfirmed coin is reporting as 0.0000000. If I release my staked coins I could probably spend the 5.47526756 reward. I won't disable staking right now to get my reserved coins since I want to see what happens naturally on the next reward to my staked coin being the first reserved for my wallet. Essentially I am staking a reward that I don't have yet according to my confirmations and I can spend my other 10,093.5611. If Bittrex were open right now I would actually send that total in as a test since there shouldn't be the extra 5.47 coins available after I release the staked coins. It should be confirming for 510 blocks.

So I have 510 blocks to test this possible glitch out. And I will eventually release the staked coins and spend the 5.47 reward before the 510 confirmations to test. And my first coin reward is about 1,000 times smaller than the other one so my next one should be much bigger too since the second reward doubled my coin on the first rollout.

Can anyone else confirm these findings?

[vipgelsi]

Coin supply is going to get very tight. Until we get to 1 block a minute. I have been staking  100k coins in a test wallet and i have only earned 2 solarcoins in 24 hours.

I could of instead paid under 2 cents and bought 2 coins instead of running my computer for 24 hours using electricity (about .20 cents worth)

Soon the price will have to come around

[vipgelsi]

Does anyone understand the nodes? My dad has 14 connection to the solarcoins network and the most i can ever get is 7.

Does this have any effect on staking?

TIA.

[TooQik]

Should the amount you are staking display as Staking in the Balance column of the Overview tab of your wallet? Mine has been running for just under a day and while it says it's staking on the bottom right the lack of any amount showing in this field makes me question whether it actually is.

If it is actually staking, when does the Staking amount field get updated?

[vipgelsi]

Finally got some decent interest   Thanks PoST

[nickgogerty]

hi all,
I am just wondering ....
"SolarCoin move to POST ...Minimize carbon footprint".
How do we know that ? This is not the 1st time i am reading this assumption .
Do we have some math ?
how many miners versus users wallet opened behind a PC ?

Thanks

Hi User fred,

.. "There is a marginal energy drain on CPU's but it is a function that is not-related to the value of the network."

...

Nick

Thanks nick for this long answer
100% to 125 % of my CPU is not marginal at all,  i am not alone in this case . That's why i am asking this question.

Fred,

thanks for lettting me know about your CPU usage.

we are looking into that as typical vericoin CPU usage is 2-4% background utilization.
100% isn't in line with our expectations.  We are prioritizing diagnoses and solutions to interest rate issue followed by block chain fix and then code performance fixes. 

thus our triage priorities are

1. Monetary base and wallet integrity.
2. block-chain explorer for transparency into monetary base
3. Optimal network and wallet performance for end users and carbon footprint


Nick

[TooQik]

Regarding CPU usage, I've just moved my wallet to an old Intel Core Duo 1.86 GHz laptop and I'm seeing the following pattern: between 60 - 80 % CPU utilisation for approx 20 seconds, 100% CPU utilisation for approx 10 seconds, repeat cycle. I should add, that this is on a Windows 7 32 bit OS. Memory usage is a constant 730 MB from 1 GB.

During the 100% CPU utilization stage the GUI becomes unresponsive.

[vipgelsi]

I have a i7 intel 7 core cpu 3.5ghz  and i am showing 30% cpu usage

[lfloorwalker]

I have a i7 intel 7 core cpu 3.5ghz  and i am showing 30% cpu usage

My power Mac 12 core (Two 2.4GHz 6-Core Intel Xeon E5645 processors) is showing varying rates between 2-55% CPU usage running a Windows 7 wallet inside parallels depending on the staking cycle.

Does anyone else have experience building dedicated hardware for PoS, or a forum link? I also need to run it on DC 6-8W (I know this is hard but I think possible.)
-lfloorwalker

[babbey]

Hi all,

Like TooQik, long time lurker, first time poster... thought I'd add my experiences/questions to the community.

Right before the switch at block 830,000 I sent half of my coins (55,000) to another wallet on a different computer that runs 24/7. The other ~56,000 stayed on my old laptop in the roof that monitors my PV output, and is also on 24/7.

Since block 835,000 on my old laptop, the overview page shows the 56,000 as 'Spendable' with zero coins staking, though the icon in the lower-right shows 'In sync and staking...' when hovered over. This laptop I believe is an old Core 2 Duo running at 1.8GHz, and it certainly freezes up regularly while the wallet 'does it's thing'.

On the other computer, the 55,000 coins have generated an orphaned 6.32 coins, and a genuine 5.02 coins. The overview page shows all 55,005.02 coins staking, none in spendable, with 'In sync, not staking, earning Stake-time'.

I understand the 'pot luck' aspect of staking (and mining, that's where most of my coins came from), but I'm wondering if higher coin-age is a factor in staking? The YOUNGEST of the coins on my old laptop (56,000 balance) is from 19th of August 2014, whereas the oldest ones on the other computer are from 21st of September 2015.

Happy for the answer to be 'dumb luck', just thought I'd add my experience in case it helps!

By the way: great community, great thinkers, great work Steve, hope you enjoyed the rock climbing! And thanks TooQik for introducing me to SLR...

[solarcoiner]

I would like to share my findings with the community:

I found two blocks, (both rather small amounts) however I found the blocks right after restarting the wallet. Sure this is not a coincidence?

In addition to that below spendable under staking it says the amount of coins of have plus the ones I am currently staking! that's a little confusing to be honest...
Now under my total it says twice the amount of coins I currently have so yeah something is still wrong!! (i'm hoping this is nothing in the mechanics of solarcoin but rather an error in the way things are being displayed).
Thank you for confirming if this is the same on your wallet

[vipgelsi]

I found two blocks, (both rather small amounts) however I found the blocks right after restarting the wallet. Sure this is not a coincidence?

I have also experienced this numerous times. finding blocks right after restart.

Also after restart my balance usually updates to the correct amounts.

[Epiphany]

In addition to that below spendable under staking it says the amount of coins of have plus the ones I am currently staking! that's a little confusing to be honest...
Now under my total it says twice the amount of coins I currently have so yeah something is still wrong!! (i'm hoping this is nothing in the mechanics of solarcoin but rather an error in the way things are being displayed).
Thank you for confirming if this is the same on your wallet

Same here.