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Author Topic: [ANN][SEED] SeedCoin | New Road Map  (Read 181796 times)
EfterlysT
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October 06, 2014, 05:05:41 AM
 #361

My wallet are not staking either. I have 5+ seeds in it and it has been online for days now. The wallet is telling me that my coins are immature.
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cryptzo
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October 06, 2014, 05:33:28 AM
 #362

I've staked once (I was the  27397) and I have a pretty big stack (relative to the IPO sale). I was afk when it happened so I didn't get to see how the weight was behaving, but right now the stack seems to be stuck at 1 weight. As an IPO holder I'm bummed with how the multiple oversights/errors are constantly eroding the value of my early investment, but I did get in early and this mostly attracted me as a crazy design that would lead to fun trading. Cheers for sticking by it and working on the bugs even though the IPO attracted a paltry sum, that's pretty strong character around here! For what it's worth, I've dabbled with coin design.... running through an accelerated simulation of this distribution in some VMs in a testnet would've been a real good idea. Next time. Wink

Hopefully you can fix this soon!

Thanks for understanding. I actually ran half a dozen accelerated simulations over the course of the last week or so, the trouble with having an accelerated simulation is the fact that it's accelerated. By having a day go by in about 30 minutes in my testing, I missed some of the nuances that occur over a single day. I was only able to squeeze in one test before launch where I had half a dozen people running wallets through the whole simulation of ico distribution, and 2 weeks of mining and growth. In that test, I missed this issue, unfortunately, since wallets with < 1 coin do eventually stake, and once the growth period hits, they grow so fast that it's just not an issue. But I never accounted for allowing a very small number of coins to stake, for example. Right now I'm adjusting so that 0.001 will have some weight, but I have to be careful, because the number of coins is going to explode - so what I do now has to be flexible enough to be able to deal with both a standard sized coinbase, and a tiny one.

If anyone needs to figure out when their coins will start staking, basically take 24 Hours / Number of coins you have, and add that number of hours + 24 to the time you actually got them in your wallet. Your weight on the network is going to be the number of coins you have * the number of days they've been eligible for staking.

After the fix that'll change, but for now that's what it is. People with larger number of coins will find it easier and easier to stake as the days go on. I'm targeting the fix (with a solid lead time so everyone has a chance to update their wallets) for 12am UTC October 8th, about 36 hours from now. This is necessary so I have time to test it properly, and since it will be a hard fork, I need to make sure everyone has time to update.

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October 06, 2014, 05:34:27 AM
 #363

My wallet are not staking either. I have 5+ seeds in it and it has been online for days now. The wallet is telling me that my coins are immature.

This does interest me. 5 seeds should be staking by now. Did you purchase from the ICO?

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October 06, 2014, 05:45:59 AM
 #364

Any idea when the block explorer will be up and running? (or if it is where I can find it?)  Thanks

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October 06, 2014, 06:42:42 AM
 #365

Just watched all the sell orders on trex get chewed up and go poof.  Including a 1 BTC bid for 0.10237908 SEED
Now its getting interdasting.  All the orders filled in fairly quickly then.
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October 06, 2014, 06:50:48 AM
 #366

Just watched all the sell orders on trex get chewed up and go poof.  Including a 1 BTC bid for 0.10237908 SEED
Now its getting interdasting.  All the orders filled in fairly quickly then.

That was quite something!  Cool
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October 06, 2014, 07:00:10 AM
 #367

yeah wallet is still not working correctly. i've had more than 1 coin for more than 24 hours. so i should be able to stake, and i cant
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October 06, 2014, 07:31:31 AM
 #368

yeah wallet is still not working correctly. i've had more than 1 coin for more than 24 hours. so i should be able to stake, and i cant

I've got a couple of coins and no stake after much more than 24 hours.  Something isn't working correctly.
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October 06, 2014, 07:42:31 AM
 #369

My wallet with > 1 coin is not staking either
EfterlysT
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October 06, 2014, 07:44:51 AM
 #370

My wallet are not staking either. I have 5+ seeds in it and it has been online for days now. The wallet is telling me that my coins are immature.

This does interest me. 5 seeds should be staking by now. Did you purchase from the ICO?
I have been mining. The wallet have held around five seeds for atleast 30hours by now.
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October 06, 2014, 07:47:16 AM
 #371

What is seedcoin total coin supply?


 
 
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cryptzo
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October 06, 2014, 07:55:18 AM
 #372

Ok, let me break it down as simply as I can. In order to stake 1 coin, it will actually take 48 hours to reach 1 weight on the network. Anything less than 1 weight on the network is rounded down to nothing. This is a limitation of the staking algorithm itself, and not something that was coded in.

2 coins would take 36 hours. 3 coins would take 32 hours. 4 coins would take 30 hours. 5 coins would take 28 hours.

The math is 24 hours + (24 hours / Number of coins you have) to reach weight 1. Under ordinary circumstances, people have lots of coins, so this sort of thing goes unnoticed.

The coin itself takes a few minutes to register the fact that it can stake at all, and testing took place in an accelerated wallet, so this issue went unnoticed, as the couple of minutes for the client to realize it could stake was accounted for.

This issue will sort itself out over the course of a couple of days for people with 1 or more coins. But it will not sort itself out for people with much less than that, and that is why a fix is being worked on right now. Thanks for taking the time to read and understand the issue.

cryptzo
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October 06, 2014, 07:56:18 AM
 #373

What is seedcoin total coin supply?


Right now or in the end? Right now about 266 coins. In the end? Anybody's guess. Could be 100k. Could be 10m. Nobody knows.

atavacron
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October 06, 2014, 07:58:07 AM
 #374

Ok, let me break it down as simply as I can. In order to stake 1 coin, it will actually take 48 hours to reach 1 weight on the network. Anything less than 1 weight on the network is rounded down to nothing. This is a limitation of the staking algorithm itself, and not something that was coded in.

2 coins would take 36 hours. 3 coins would take 32 hours. 4 coins would take 30 hours. 5 coins would take 28 hours.

The math is 24 hours + (24 hours / Number of coins you have) to reach weight 1. Under ordinary circumstances, people have lots of coins, so this sort of thing goes unnoticed.

The coin itself takes a few minutes to register the fact that it can stake at all, and testing took place in an accelerated wallet, so this issue went unnoticed, as the couple of minutes for the client to realize it could stake was accounted for.

This issue will sort itself out over the course of a couple of days for people with 1 or more coins. But it will not sort itself out for people with much less than that, and that is why a fix is being worked on right now. Thanks for taking the time to read and understand the issue.

OK, I got it.  It makes sense now.  Thanks cryptzo.
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October 06, 2014, 08:04:41 AM
 #375

Ok, let me break it down as simply as I can. In order to stake 1 coin, it will actually take 48 hours to reach 1 weight on the network. Anything less than 1 weight on the network is rounded down to nothing. This is a limitation of the staking algorithm itself, and not something that was coded in.

Then, how 1 coin will give 269% in 24 hours and so on, if it needs 48 hours ?

here you said, your days are perfect https://bitcointalk.org/index.php?topic=795954.msg9091660#msg9091660

O_o
cryptzo
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October 06, 2014, 08:14:24 AM
 #376

Ok, let me break it down as simply as I can. In order to stake 1 coin, it will actually take 48 hours to reach 1 weight on the network. Anything less than 1 weight on the network is rounded down to nothing. This is a limitation of the staking algorithm itself, and not something that was coded in.

Then, how 1 coin will give 269% in 24 hours and so on, if it needs 48 hours ?

here you said, your days are perfect https://bitcointalk.org/index.php?topic=795954.msg9091660#msg9091660


Because you'll stake on day one and get 3.69 coins. Those 3.69 coins will stake happily about 30 hours later, when they'll turn into 13 coins. 13 coins will stake fairly quickly, coming in a little less than 26 hours later, and turning over a whopping 50 coins. 50 coins will be ready in 24 1/2 hours after that, beyond which the timing is negligible.


The updated code that I am currently working on will remove this problem. Everyone's coins will reach 1 weight much sooner, and weight will accumulate much faster.


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October 06, 2014, 08:18:41 AM
 #377

Ok, let me break it down as simply as I can. In order to stake 1 coin, it will actually take 48 hours to reach 1 weight on the network. Anything less than 1 weight on the network is rounded down to nothing. This is a limitation of the staking algorithm itself, and not something that was coded in.

Then, how 1 coin will give 269% in 24 hours and so on, if it needs 48 hours ?

here you said, your days are perfect https://bitcointalk.org/index.php?topic=795954.msg9091660#msg9091660


Because you'll stake on day one and get 3.69 coins. Those 3.69 coins will stake happily about 30 hours later, when they'll turn into 13 coins. 13 coins will stake fairly quickly, coming in a little less than 26 hours later, and turning over a whopping 50 coins. 50 coins will be ready in 24 1/2 hours after that, beyond which the timing is negligible.


The updated code that I am currently working on will remove this problem. Everyone's coins will reach 1 weight much sooner, and weight will accumulate much faster.



Based on what you said, it needs 24 hours +(24/ coins)
I will have 0.1 Seed. By using the above formula, 0.1 Seed will need 264 hours for staking and that's 11 days. So by the 7th day I Will still have 0.1 Seed Cheesy

O_o
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October 06, 2014, 08:46:16 AM
 #378

So if I am understanding correctly, I need a minimum of 1 seed to stake?

And will this fix (if any)before the growth period?

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October 06, 2014, 08:52:52 AM
 #379

Quote
I'm targeting the fix (with a solid lead time so everyone has a chance to update their wallets) for 12am UTC October 8th,
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October 06, 2014, 08:54:29 AM
 #380

So if I am understanding correctly, I need a minimum of 1 seed to stake?

And will this fix (if any)before the growth period?

I feel like I am losing my time trying to mine this coin with 4mh/s
Don't know if it worth a week of mining. of course I will be happy if I make 0.1 BTC

O_o
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