iGotSpots (OP)
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Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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November 02, 2014, 12:19:49 AM
Last edit: April 01, 2015, 12:06:30 AM by iGotSpots |
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Significant changes in the BALLS 2.0.2 Hard Fork:Staking Changes- Stake Rate changed dramatically
- Stake Rate will change each block
- Now based on block timestamp
- Stake Rate = Last Two Digits of Timestamp
- If the last two digits are 00, stake rate is increased to 100,000%
Stake Reward Structure in its entirety is as follows:int64 GetProofOfStakeRewardYear(int nHeight, int nTimestamp) {
int64 nBaseCoinYear = 5000 * CENT;
int64 nMaxPercent = 20000;
int64 nReward = 0;
if (nHeight <= 80000)
return nBaseCoinYear;
if (nHeight <= 85000)
return nBaseCoinYear + ((nHeight - 80000) * CENT);
if (nHeight <= 94000)
return (nBaseCoinYear * 2) - ((nHeight - 85000) * CENT);
if (nHeight < 200000)
return 1000 * CENT;
if (nHeight < 360000) {
nReward = (nHeight % nMaxPercent);
if (nReward == 0)
nReward = nMaxPercent;
//printf("Stake percent on block %d is %d\n", nHeight, nReward);
return nReward * CENT;
} else {
std::stringstream ss;
std::string seconds;
ss << nTimestamp;
seconds = ss.str().substr(ss.str().length()-2);
if (seconds == "00") {
nReward = 100000;
} else {
nReward = atoi(seconds.c_str());
}
return nReward * CENT;
}
}
What is this?
Put simply, I've had a lot of requests to do something with Nxt and until now I never really had a reason to. I've been convinced that there is an opportunity for us to get more people involved with these coins. We have GorillaStk on Nxt, also on SAE, which will be open fairly soon. These will be used to trade in for either 10k or BALLS and get a Cloud Staking Plan included. These will be sold in waves; size of sales undetermined and timing unknown, but price will never change. First wave will open very, very soon. Instead of an investment opportunity, think of this as a cheap voucher you can use yourself or give to a friend. Essentially, it's a $40 coupon for about 50 cents with no expiration date that is transferable and may or may not be worth more in the future Trade in Rates- You will receive 10 x BALLS for 1 token OR
- You will receive 1 x 10k Coin for 1 token
- AND -- An address that stakes on a GorillaStake server until at least January 16th, 2016
- Coins are transferred to a new address and you will be sent the Private Key
- Private Keys purchased via Nxt will be sent through Nxt encrypted message
- We reserve the right to extend the staking period at any time. It will not be cut short
- When redeeming for cloud staking, please include which coin you would like in your transfer note
How much is it?
The price will be 50 Nxt per token. This price includes both the coin ratio listed above, as well as an address staking for nearly a year. Signing up on our website is $20 for six months. This program is designed to make it easier to involve new people in cloud staking while funding the address with a small amount to get them started. For just a few satoshis, you can purchase an address for a friend and get them a small balance to get going on a cloud staking server...or use it for yourself! This doesn't seem like a good idea
It is, though. If you were to grab an address on GorillaStake by itself, they are $20 for 6 months. We know this is a very solid price point as many people have already registered and were more than happy to pay that small fee. This is a way for us to include new members of crypto that are not currently involved. This price was decided after much deliberation and the reason is simple. Right now, both of these coins are at as low a price as they have seen in a while. At this price point and the amount of tokens that will be available, I will be able to cover the balances if every single one was sold, regardless of the market price. This means that if the price goes up even in the slightest, these tokens will be worth more and more. They come with a small balance to prove how well GorillaStake works before you deposit more coins and put more trust into our system. If you are unsure whether GorillaStake is for you, or just want to have a way to get a friend involved quickly and for pennies, this is the program for you! If this is not for you or it seems like a bad deal, please do not buy it. This was requested by many people and they are our target market
This promotion will be successful whether we sell all the tokens or none at all; it doesn't matter. This is simply a way for us to expand our user base |
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You get merit points when someone likes your post enough to give you some. And for every 2 merit points you receive, you can send 1 merit point to someone else!
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jorneyflair
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November 02, 2014, 12:22:50 AM |
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08:22:21  { "blocks" : 20760, "currentblocksize" : 0, "currentblocktx" : 0, "difficulty" : 936431.26507815, "errors" : "", "generate" : false, "genproclimit" : -1, "hashespersec" : 0, "netstakeweight" : 0.00000000, "stakeweight" : { "minimum" : 0, "maximum" : 0, "combined" : 0 }, "networkghps" : 134064.72194875, "pooledtx" : 0, "testnet" : false }  |
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iGotSpots (OP)
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Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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November 02, 2014, 12:23:39 AM |
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08:22:21  { "blocks" : 20760, "currentblocksize" : 0, "currentblocktx" : 0, "difficulty" : 936431.26507815, "errors" : "", "generate" : false, "genproclimit" : -1, "hashespersec" : 0, "netstakeweight" : 0.00000000, "stakeweight" : { "minimum" : 0, "maximum" : 0, "combined" : 0 }, "networkghps" : 134064.72194875, "pooledtx" : 0, "testnet" : false } I was banned for posting about the staking hardware (mprep is a moron) when the coin launched. Someone copied it over to this forum from ours. It's the same coin as last night's launch that was here: https://bitcointalk.org/index.php?topic=842827 and http://mmxivcoin.com/forum/index.php/topic,23.0.html |
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HunterS
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November 02, 2014, 12:29:23 AM |
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when can we expect new wallet and maybe blockexplorer/richlist.It would be interesting to see how many people are holding x amount of coins.cant wait for staking to start   |
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iGotSpots (OP)
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Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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November 02, 2014, 12:40:23 AM
Last edit: November 02, 2014, 12:53:28 AM by iGotSpots |
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when can we expect new wallet and maybe blockexplorer/richlist.It would be interesting to see how many people are holding x amount of coins.cant wait for staking to start Within the hour on the new clients. It's already done, just doing a few more tests before I post it. The fork will kick in at midnight (depending on time zone), so there will be time to move coins before staking starts |
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HunterS
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November 02, 2014, 12:55:59 AM |
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when can we expect new wallet and maybe blockexplorer/richlist.It would be interesting to see how many people are holding x amount of coins.cant wait for staking to start Within the hour on the new clients. It's already done, just doing a few more tests before I post it. The fork will kick in at midnight (depending on time zone), so there will be time to move coins before staking starts cheers mate  |
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mtwelve
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Activity: 1330
Merit: 1009
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November 02, 2014, 01:05:16 AM |
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Ugh too late for POW and no ASICS... Guess I'll take a gamble into this POS coin (interested in HYP currently)
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iGotSpots (OP)
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Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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November 02, 2014, 01:18:03 AM |
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Clients in the OP have been updated. This fork (at midnight, tonight, depending on time zone) will lower fees to a more manageable amount. Transactions fees are still significant to combat the inflation of 5000% Proof of Stake. All transactions fees are destroyed and not paid to anyone. Staking begins November 2nd at noon GMT
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halibit
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Merit: 1006
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November 02, 2014, 01:20:24 AM |
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Hello all Snowballs supporters! Snowballs has been added for trading on alcurEX online exchange. https://alcurex.org/index.php/crypto/BALLS_BTCAll feedback on the exchange is very appreciated. Happy trading!  ALCUREX OY is an online cryptocurrency exchange registered in Finland. Business ID: 2612007-8 FINLAND |
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iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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November 02, 2014, 01:22:10 AM |
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Hello all Snowballs supporters! Snowballs has been added for trading on alcurEX online exchange. https://alcurex.org/index.php/crypto/BALLS_BTCAll feedback on the exchange is very appreciated. Happy trading! ALCUREX OY is an online cryptocurrency exchange registered in Finland. Business ID: 2612007-8 FINLAND Good shit, added to OP - Thanks to you and HashNZ for having the BALLS to add us early |
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ocminer
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Activity: 2660
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November 02, 2014, 01:33:57 AM |
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Clients in the OP have been updated. This fork (at midnight, tonight, depending on time zone) will lower fees to a more manageable amount. Transactions fees are still significant to combat the inflation of 5000% Proof of Stake. All transactions fees are destroyed and not paid to anyone. Staking begins November 2nd at noon GMT
The new version does not compile and aborts with lots of errors in main.cpp |
suprnova pools - reliable mining pools - #suprnova on freenet https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools |
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billotronic
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Crackpot Idealist
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November 02, 2014, 01:35:07 AM
Last edit: November 02, 2014, 01:57:23 AM by billotronic |
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Clients in the OP have been updated. This fork (at midnight, tonight, depending on time zone) will lower fees to a more manageable amount. Transactions fees are still significant to combat the inflation of 5000% Proof of Stake. All transactions fees are destroyed and not paid to anyone. Staking begins November 2nd at noon GMT
The new version does not compile and aborts with lots of errors in main.cpp dito, glad its not just me [edit] sorry for this unhelpful bs of a post... i was literally walking out the door when I saw it didn't compile. I apologize for not providing more info |
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ocminer
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Activity: 2660
Merit: 1240
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November 02, 2014, 01:38:32 AM |
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Seems like you made an error with github, the contents of main.cpp repeat after line 4196.. So you have main.cpp in main.cpp again which then throws the errors.. The question is now, which is the right part ? The first or the last ? |
suprnova pools - reliable mining pools - #suprnova on freenet https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools |
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iGotSpots (OP)
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Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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November 02, 2014, 01:38:39 AM |
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Ok, now try. Looks like I just did a copy paste error. On Windows right now, but if that gives an error I'll switch to my Linux rig and see what's up
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ocminer
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Activity: 2660
Merit: 1240
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November 02, 2014, 01:47:41 AM |
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Ok its now compiling, the new, low fees are now immediately active so I can open withdrawals right now ?
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suprnova pools - reliable mining pools - #suprnova on freenet https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools |
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CryptoPromotions
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November 02, 2014, 01:53:23 AM |
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I sent some to Alcurex after updating the client. Doesn't show up.
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ocminer
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November 02, 2014, 01:53:43 AM |
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I sent some to Alcurex after updating the client. Doesn't show up.
they have to update too... |
suprnova pools - reliable mining pools - #suprnova on freenet https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools |
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iGotSpots (OP)
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Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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November 02, 2014, 01:55:36 AM |
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Ok its now compiling, the new, low fees are now immediately active so I can open withdrawals right now ?
Fees change at 1414900800 (Convert to local time here: http://www.unixtimestamp.org/1414900800). This change is only a few short hours away At that point, you will no longer be able to connect to clients that have not updated. They will be rejected peers. This means if you do not update, you are only connected to others who have not updated |
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ocminer
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Activity: 2660
Merit: 1240
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November 02, 2014, 01:58:03 AM |
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Ok its now compiling, the new, low fees are now immediately active so I can open withdrawals right now ?
Fees change at 1414900800 (Convert to local time here: http://www.unixtimestamp.org/1414900800). This change is only a few short hours away At that point, you will no longer be able to connect to clients that have not updated. They will be rejected peers. This means if you do not update, you are only connected to others who have not updated I have updated Suprnova to the latest wallet and will open withdrawals as soon as the time has come, maybe a Bit later as that is in the middle of the night for me, but i will as soon as possible |
suprnova pools - reliable mining pools - #suprnova on freenet https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools |
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RENDERING
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November 02, 2014, 02:16:28 AM |
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Super secret launch eh! lol Well im mining now but wish it would of been on the alt calendar. |
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