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rfisher1968
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November 05, 2014, 02:46:05 PM |
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I think TX fee should be a % of total coins being sent, with a minimum of 1 BALLS and no maximum. Since you get about 13% each day from staking, make the TX fee about 5%.
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Emerger
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November 05, 2014, 03:20:11 PM |
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I believe I chose the correct values for 5000% annual nominal interest rate, compounded daily. i.e. I assumed that newly minted POS coins themselves start accumulating 5000% yearly interest, starting the very next day after they are minted - but perhaps this is not the case?
If the interest was only calculated annually, or somehow locked to 5000%/year of the POW coins only then sure, it's 50,000,000 max new coins by the end of the first year.
Also, I'm not too familiar with coin weight/maturity so it's likely that I overlooked something that would make a big difference.
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rfisher1968
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November 05, 2014, 05:40:34 PM |
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On the 1st day of POS I had 1 "mint by stake" transaction. On the 2nd day 2 and today 4. By the 8th day based on this pattern there could be 256 "mint by stake" transactions. Isn't this going to be a problem?
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anticlimax
Legendary
 Offline
Activity: 1050
Merit: 1000
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November 05, 2014, 05:48:16 PM |
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On the 1st day of POS I had 1 "mint by stake" transaction. On the 2nd day 2 and today 4. By the 8th day based on this pattern there could be 256 "mint by stake" transactions. Isn't this going to be a problem?
Your wallet is staking the stake from the day before.. We definitely won't hit 500% by end of year.. I just moved some coins to the exchange yesterday and even with the same amount of coins in my wallet, I only got around 1/2 the amount of coins when my wallet staked for the second time. Quite possibly it stakes again a second time, I won't move any coins around and see what happens. At least this coins doing something interesting. |
twitter @antiiclimax
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kyma
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November 05, 2014, 05:55:34 PM |
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plans for a mac wallet?
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chilly2k
Legendary
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Activity: 1007
Merit: 1000
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November 05, 2014, 05:57:40 PM |
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On the 1st day of POS I had 1 "mint by stake" transaction. On the 2nd day 2 and today 4. By the 8th day based on this pattern there could be 256 "mint by stake" transactions. Isn't this going to be a problem?
Your wallet is staking the stake from the day before.. We definitely won't hit 500% by end of year.. I just moved some coins to the exchange yesterday and even with the same amount of coins in my wallet, I only got around 1/2 the amount of coins when my wallet staked for the second time. Quite possibly it stakes again a second time, I won't move any coins around and see what happens. At least this coins doing something interesting. Since there is no coin control you can't actually look at what is staking. But based on what I've seen I think once you stake it gets split into 2 piles that have there time reset to zero. 24 Hours later you have 2 Stakes that also get split. Since the split seems to be 50/50 that leads me to believe the time is reset each time you stake. So then I wonder what is the 30 day cap for? I was under the assumption when you staked the original pile would remain at some age, and the new pile would start at 0. But that would require knowing the original pile already staked at x time, and is invalid till X+24 hrs. and at 30 days they would no longer stake. At least that's what the voices in my head we're telling me.... Plus I believe I read somewhere that was for emission control. |
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iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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November 05, 2014, 07:10:24 PM |
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plans for a mac wallet?
As soon as someone compiles one  I'm not good at stuff for Mac |
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iGotSpots (OP)
Legendary
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Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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November 05, 2014, 08:27:41 PM |
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BALLS multipool is up at: http://thepool.pw/BALLS/Please refer to the how to page for usage information
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rfisher1968
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November 05, 2014, 08:38:12 PM |
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Will the pool stake If don't withdraw? |
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iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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November 05, 2014, 08:48:22 PM |
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Will the pool stake If don't withdraw? For multipools you use your BALLS address as username and get paid once a day |
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tripppn
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November 05, 2014, 09:25:23 PM
Last edit: November 05, 2014, 09:37:27 PM by tripppn |
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Will the pool stake If don't withdraw? The pool automatically pays out once a day so it wont stake. |
“You can't be a real country unless you have a beer and an airline - it helps if you have some kind of football team, or some nuclear weapons, but in the very least you need a beer.”
― Frank Zappa
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iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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November 05, 2014, 09:56:55 PM |
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Will the pool stake If don't withdraw? The pool automatically pays out once a day so it wont stake. - Will help answer your questions |
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Palmdetroit
Legendary
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Activity: 910
Merit: 1000
PHS 50% PoS - Stop mining start minting
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November 05, 2014, 10:10:48 PM |
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iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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November 05, 2014, 10:17:39 PM |
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 BALLS trying to break 20k again |
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gambino
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November 05, 2014, 10:18:22 PM |
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leewilson
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November 05, 2014, 11:46:53 PM |
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Bittrex has publicly stated multiple times that they do not like high POS% coins.
That is why hyp never made it to bittrex because it had the volume that would normally be the trigger to the bittrex listing.
I do not expect this to ever be listed on bittrex unless the 3btc advertising and addition of the coin is purchased from bittrex.
Looking at hyp you can see it was listed on allcoin, then poloni and then cryptsy so the bittrex addition is not necessary to get on other exchanges.
We are already on c-cex and poloniex in just a few days. And a multipool. I am very happy with that honestly.
Thanks iGotSpots.
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“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State BlockNet can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State BlockNet to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State BlockNet.” - Joseph Goebbels |
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mtwelve
Legendary
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Activity: 1330
Merit: 1009
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November 06, 2014, 12:02:51 AM |
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Why do they hate on POS coins?
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iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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November 06, 2014, 12:05:08 AM
Last edit: November 06, 2014, 04:29:11 AM by iGotSpots |
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Definitely won't be paying a spotlight fee. Have never paid for a coin to be listed on an exchange, and never will. We are making good progress already!
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dickwhite
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November 06, 2014, 12:27:30 AM |
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Hi Guys,
First, sorry if this has been discussed before but I'm trying to build the wallet on Ubuntu 14.04.
Pretty sure I've all he dependencies listed in the docs but I'm running into this error:
collect2: error: ld returned 1 exit status
make: *** [MMXIV-Qt] Error 1
If anyone has any suggestions, it would be appreciated.
Thanks.
Doublecheck dependencies, I usually remove the 'obj' folder too and then make a fresh 'obj' folder. Thanks guys. I was able to complete the build with make -B command. |
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