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Author Topic: [ANN] Snowballs | ONE MORE HARD FORK to BALLS 2.0.2 | BALLS/MMXIV Market OPEN  (Read 257095 times)
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TimC
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December 27, 2014, 10:05:35 PM
 #1921

Heres a VERY important question: Will it be the same way with MMXIV coin soon too? Im cool if it is, but tell me NOW. Thank you.

Vegas

This change is also in MMXIV for August 15th, 2015. I checked this morning. That will most likely not be allowed to go through, unless it proves very successful with BALLS in the long term

There is another update to the protocol in exactly 6 months currently in the code for BALLS. This one started a chain reaction to enable one more, so sometime in the next 6 months we will evaluate whether or not that one will be allowed to go live. Right now is not the time to open a second can of worms

I do remember the ANN said 'are you ready for a roller coaster ride' . I've mined and hold both BALLS and MMXIV I'm holding for the long term.

Mine RVN and with 0% mining fees and get paid in BTC, ETH, XMR or RVN.

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December 27, 2014, 10:11:34 PM
 #1922

Heres a VERY important question: Will it be the same way with MMXIV coin soon too? Im cool if it is, but tell me NOW. Thank you.

Vegas

This change is also in MMXIV for August 15th, 2015. I checked this morning. That will most likely not be allowed to go through, unless it proves very successful with BALLS in the long term

There is another update to the protocol in exactly 6 months currently in the code for BALLS. This one started a chain reaction to enable one more, so sometime in the next 6 months we will evaluate whether or not that one will be allowed to go live. Right now is not the time to open a second can of worms

I do remember the ANN said 'are you ready for a roller coaster ride' . I've mined and hold both BALLS and MMXIV I'm holding for the long term.

Lol, well this one had an unexpected drop in the middle somewhere

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December 27, 2014, 10:28:31 PM
 #1923

Hi i have wallet version 1.0.4.0 should i update to christmas  edition or this version is ok ?
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December 27, 2014, 10:31:58 PM
 #1924

Hi i have wallet version 1.0.4.0 should i update to christmas  edition or this version is ok ?

Both are ok, they are both version 1.0.4

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December 27, 2014, 11:50:24 PM
 #1925

  Huh I have enjoyed Balls b/c they stake so precisely...until now...42 hours w/o a stake, and msg keeps saying expected time to earn a reward is 3 minutes, but only 2 stakes in almost 2 days. Please fix the mess now!

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December 27, 2014, 11:58:19 PM
 #1926

I am aware there is an issue. If you've been staking in the last few days, don't move coins and just wait. You will continue to stake

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December 28, 2014, 12:02:03 AM
 #1927

I'm not happy about the staking situation, but I do appreciate your speedy reply.

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December 28, 2014, 12:43:44 AM
 #1928

I'm not happy about the staking situation, but I do appreciate your speedy reply.

Neither am I

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December 28, 2014, 01:23:40 AM
 #1929

I moved my coins 48h ago when they stop staking and now they still don't stake.The whole situation is not cool at all i got over 1 mil coins , so i loss many coins daily.As i see some people staking ,some not it is not fair.Imo we stake all or nobody.
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December 28, 2014, 01:31:13 AM
 #1930

I moved my coins 48h ago when they stop staking and now they still don't stake.The whole situation is not cool at all i got over 1 mil coins , so i loss many coins daily.As i see some people staking ,some not it is not fair.Imo we stake all or nobody.

It is based on coinage. They held long enough to stake with the new parameters. My coins are also not staking right now, either, so I feel your pain

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December 28, 2014, 01:34:02 AM
 #1931

I moved my coins 48h ago when they stop staking and now they still don't stake.The whole situation is not cool at all i got over 1 mil coins , so i loss many coins daily.As i see some people staking ,some not it is not fair.Imo we stake all or nobody.

if you would look at the block explorer, you would notice that all the recent stakes are from Balls before dec 25

it seems any coin that moved or staked starting dec 25 will have to wait 30 days to become mature again, this applies to all Balls (in hardware or christmas client or original client theme)

you dont lose any coins daily (unless you move them again which means you reset their age and have to wait another 30 days)
after 30 days you will be mature and get interest for all those 30 days

big difference now is you have to wait 30 days to get interest, reward goes to long term holders

since there is no coin control, it would be advisable to send some balls to a separate wallet which will be dedicated for staking and another wallet for your spendable coins

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December 28, 2014, 01:41:25 AM
 #1932

look back at our history and you'd see I'd never hold back if I wasn't happy with something spots has done, in this situation I think spots has done the right response to the situation.





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December 28, 2014, 01:47:26 AM
 #1933

I moved my coins 48h ago when they stop staking and now they still don't stake.The whole situation is not cool at all i got over 1 mil coins , so i loss many coins daily.As i see some people staking ,some not it is not fai[Suspicious link removed]o we stake all or nobody.

It is based on coinage. They held long enough to stake with the new parameters. My coins are also not staking right now, either, so I feel your pain

Sorry for busting your balls earlier....Smiley

If I send more coins to my existing wallet will it reset the entire wallet balance coin age,  or do amounts added mature separately from the original?
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December 28, 2014, 02:00:35 AM
 #1934

I just cant get it to staking

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December 28, 2014, 02:05:26 AM
 #1935

Anyone know what is going on with the multipool? It says it is trading since the 23rd.

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December 28, 2014, 02:14:57 AM
 #1936

so has anyone got staking working?

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December 28, 2014, 03:48:20 AM
 #1937

I sold all 156,612 of my Balls on trex for 204sat, the staking is broken now, when ppl realize that, the price will REALLY drop.
Too bad, Balls was awesome up until 2 days ago.

It's only broken if your goal is to hold for 2 days and dump. If you're in it long term, this whole fiasco means nothing to you

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December 28, 2014, 03:51:02 AM
 #1938

I sold all 156,612 of my Balls on trex for 204sat, the staking is broken now, when ppl realize that, the price will REALLY drop.
Too bad, Balls was awesome up until 2 days ago.

lol RIP

u should have hold balls now... with supply curtailed 400 sat is very near Smiley
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December 28, 2014, 03:53:52 AM
 #1939

*** IMPORTANT *** IMPORTANT *** IMPORTANT *** IMPORTANT ***



Just so everyone knows...we are going to keep what we have going on right now, for a little while at least

This was caused by a protocol switch. I had intended to set the timestamp to Christmas of 2020, but instead did Christmas of this year. I messed up one entry in the entire coin; sucks, but it happens. However, while unintended, I think we are going to leave it as it is. The reasons are simple

1) We already have hardware units shipped out that are staking with the current code. Forcing them to update within a month of getting their unit could compromise their staking time if they don't see it right away, which completely eliminates the purpose of the Snowball Staking Hardware

2) People are still staking. Blocks are still flowing. The network hasn't come to a halt, so no immediate emergency

3) I've done some math on what greater affect this will have on the coin. I believe it will increase blockchain security with the new calculation method, while giving us yet another tool to use for inflation control by changing how stake weight is calculated. Stake rate remains unchanged once you start staking; the change has affected when you start, not how you stake

4) I don't feel like dealing with people who get left behind because they didn't update. Somehow this is always my fault to people and I just don't want to deal with it again


What is this coin now?
Good question. From my understanding, the way stake weight is calculated has changed. I moved all my coins yesterday before finding this, so I will be able to tell you guys how long it takes to mature from nothing now. It would appear that maturity time has been increased, but once you start staking, you're in the same boat you were before Christmas. It would also appear that you actually start gaining coinage after 24 hours, but will not stake immediately. This is where the analysis takes two turns. I am under the impression that it will now require 30 days for coins to mature, while the other person assessing the situation with me doesn't think it will affect maturity times or stake rate too much, so I guess we will see what happens. If people weren't staking and the network halted, I would fork it immediately, but since neither of those has happened, I think we will roll with it for the time being. I will update the OP to be more accurate once we have more data to analyze. We also seem to be ignoring max coinage, which, again, will need to be verified by further analysis a month from now since I just reset my coinage yesterday to try debugging what other people were experiencing

My suggestion:
If you are actively staking, don't move your coins. If you haven't staked since the week before Christmas, I recommend moving them once as soon as possible, then not moving them ever again


I'm expecting a lot of negative feedback for this decision, but it is no secret BALLS was created for the sole purpose of helping us with Snowball Staking Hardware and customers of those units. Without alienating a good portion of our customer base with a hard fork, I am choosing to go down a path that ensures people using our hardware are not negatively impacted by having to update / chance of not updating and losing coins



*** IMPORTANT *** IMPORTANT *** IMPORTANT *** IMPORTANT ***

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December 28, 2014, 04:43:22 AM
 #1940

Doesn't sound like too much of an issue, price hasn't been effected(affected?idgaflol Kiss) too much yet.

EDIT: just noticed a nice little bumb in the price actually  Grin

Any idea if the multipool is having issues? After the small crash doesn't seem to have any payouts since 12/24. Left my hash on their as I have confidence it will be resolved, just wondering if you have any insight iGotSpots  Smiley

Thanks.

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