[ANN] Snowballs | ONE MORE HARD FORK to BALLS 2.0.2 | BALLS/MMXIV Market OPEN

[anticlimax]

nice, now my last question (i think) say i got 60 coins...(which i should)..do those coins stake themselves? in the same block as the original 700ish?

It depends on the transactions sent to the wallet.

If you sent 760 in one transaction, 24hrs later they would stake as one unit of 760.

If you sent 760 in two transactions, say "700" and "60" they would stake separately after each transaction had aged for 24hrs.

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[1713929133]

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[iGotSpots]

We should have a very nice explorer up later tonight

I am currently compiling BALLS on the Snowball that I've been staking Maieuticoin with for the last several weeks. Will report initial results soon on testing of both coins staking on the same device

[shimlbit]

5000%??

i staked around 6k since over 24 hrs and i got only 700 coins!

thats not 5000%

whats wrong

now i have no mature coins..

[chilly2k]

5000%??

i staked around 6k since over 24 hrs and i got only 700 coins!

thats not 5000%

whats wrong

now i have no mature coins..

   I would guess that 5000% is actually compounded interest for 1 year.  And once you stake, the coins used to stake have to mature for another 24 hours.   

[iGotSpots]

5000%??

i staked around 6k since over 24 hrs and i got only 700 coins!

thats not 5000%

whats wrong

now i have no mature coins..

   I would guess that 5000% is actually compounded interest for 1 year.  And once you stake, the coins used to stake have to mature for another 24 hours.    

Correct. Each individual deposit is its own cycle. 30 days is the max coinage, so you must move them once a month. We have many forms of anti mass-inflation built in

Inflation is necessary for long term. This way the coin can support proper volume across several large exchanges. Keeping that inflation in control is the goal, not to eliminate a very much needed aspect of the marketplace

[mxhwr]

so 5billion more coins to be minted within a year when actual pow is 1million

[anticlimax]

so 5billion more coins to be minted within a year when actual pow is 1million

Lol.. Great math skills.

50M...

[RENDERING]

This coin is looking awesome! I love balls! hahahahha

I bet Bittrex will pick it up soon as well! Woooot. BAAAAALLLLLLLLLLLLLLLS!

[iGotSpots]

Many exchanges don't stake coins if they are smart, not to mention all the coins people aren't staking locally. So inflation will not ever be at 100% efficiency

[shimlbit]

5000%??

i staked around 6k since over 24 hrs and i got only 700 coins!

thats not 5000%

whats wrong

now i have no mature coins..

   I would guess that 5000% is actually compounded interest for 1 year.  And once you stake, the coins used to stake have to mature for another 24 hours.   

wow ya fck im so retarded

[iGotSpots]

5000%??

i staked around 6k since over 24 hrs and i got only 700 coins!

thats not 5000%

whats wrong

now i have no mature coins..

   I would guess that 5000% is actually compounded interest for 1 year.  And once you stake, the coins used to stake have to mature for another 24 hours.   

wow ya fck im so retarded

Per year, yes

[shimlbit]

5000%??

i staked around 6k since over 24 hrs and i got only 700 coins!

thats not 5000%

whats wrong

now i have no mature coins..

   I would guess that 5000% is actually compounded interest for 1 year.  And once you stake, the coins used to stake have to mature for another 24 hours.   

wow ya fck im so retarded

Per year, yes

sorry...my mind was on seedcoin i think..there was daily stake interests..

thanks.700 for 1 stack..not bad

[iGotSpots]

5000%??

i staked around 6k since over 24 hrs and i got only 700 coins!

thats not 5000%

whats wrong

now i have no mature coins..

   I would guess that 5000% is actually compounded interest for 1 year.  And once you stake, the coins used to stake have to mature for another 24 hours.    

wow ya fck im so retarded

Per year, yes

sorry...my mind was on seedcoin i think..there was daily stake interests..

thanks.700 for 1 stack..not bad

A little over 13% daily, averaged out over a year

[anticlimax]

Lots of buys happening on ccex at 10k Satoshi.

Shoulda mined more!

[iGotSpots]

Lots of buys happening on ccex at 10k Satoshi.

Shoulda mined more!

Probably make more by buying and staking

[earlz]

INCOMPLETE
snowballs https://bitcointalk.org/index.php?topic=842827.0

Heritage: very close to vanilla ppcoin, mmxiv

Problems:

* MODEATE: genesis seed is not a news event
* MODERATE: Blocks 23 to 120 is purposefully set to have minimum difficulty, making instamining these blocks trivial

Notes:

+      if (!fProofOfStake && pindexLast->nHeight >= 23 && pindexLast->nHeight < 120)
+        return bnProofOfWorkLimit.GetCompact(); // most of the 1st 120 blocks

this looks like a (not security related) bug:
-    fs::path pathConfigFile(GetArg("-conf", "ppcoin.conf"));
+    fs::path pathConfigFile(GetArg("-conf", "mmxiv.conf"));

First ever coin I've evaluated with a code base so old that it doesn't include `getrawtransaction`. Because of this, and no usable block explorer, I consider this review incomplete. I could not evaluate the difficulty adjustment curve nor if there was any premine.
I expect to update this review either when someone ports getrawtransaction, two independent parties throw up Abe based block explorers, or ports my local block explorer to somehow work without getrawtransaction

Watermarks: uint64, pos

Very inaccurate. Genesis block is the same as Maieuticoin (on purpose). It is based off the newest PPC, very new code. The blocks were meant to be fast and mined before staking started. Technically, we are behind on mining. The first 23 blocks were for me to test with difficulty in the hundreds so blocks were slow and not instamined while I synced up all the seednodes, the difficulty was reset to 1. You'll see in the explorer once it's up that those blocks had a significantly higher difficulty
 
Block explorers are very easily made. Maieuticoin has had three and it's nearly the same code. I usually respect and welcome your evaluation, and while code wise you are correct and none of it is a secret, you dropped the ball on your personal conclusions

Sorry you feel that way, but I stand by it all. I give a ding for the genesis block seed because if it's not based on a news event, there is no proof that you didn't mine it before the release or proclaimed genesis block time.

And for your difficulty bit, if your intention was to use these blocks as testing, you should've also made the reward for these blocks 0, otherwise I consider it a problem.

Anyway, I'll be waiting for block explorers. I realize block explorers are easy, but I don't intend to screw around with Abe a couple of hours just to evaluate this.

[tripppn]

INCOMPLETE
snowballs https://bitcointalk.org/index.php?topic=842827.0

Heritage: very close to vanilla ppcoin, mmxiv

Problems:

* MODEATE: genesis seed is not a news event
* MODERATE: Blocks 23 to 120 is purposefully set to have minimum difficulty, making instamining these blocks trivial

Notes:

+      if (!fProofOfStake && pindexLast->nHeight >= 23 && pindexLast->nHeight < 120)
+        return bnProofOfWorkLimit.GetCompact(); // most of the 1st 120 blocks

this looks like a (not security related) bug:
-    fs::path pathConfigFile(GetArg("-conf", "ppcoin.conf"));
+    fs::path pathConfigFile(GetArg("-conf", "mmxiv.conf"));

First ever coin I've evaluated with a code base so old that it doesn't include `getrawtransaction`. Because of this, and no usable block explorer, I consider this review incomplete. I could not evaluate the difficulty adjustment curve nor if there was any premine.
I expect to update this review either when someone ports getrawtransaction, two independent parties throw up Abe based block explorers, or ports my local block explorer to somehow work without getrawtransaction

Watermarks: uint64, pos

Very inaccurate. Genesis block is the same as Maieuticoin (on purpose). It is based off the newest PPC, very new code. The blocks were meant to be fast and mined before staking started. Technically, we are behind on mining. The first 23 blocks were for me to test with difficulty in the hundreds so blocks were slow and not instamined while I synced up all the seednodes, the difficulty was reset to 1. You'll see in the explorer once it's up that those blocks had a significantly higher difficulty
 
Block explorers are very easily made. Maieuticoin has had three and it's nearly the same code. I usually respect and welcome your evaluation, and while code wise you are correct and none of it is a secret, you dropped the ball on your personal conclusions

Sorry you feel that way, but I stand by it all. I give a ding for the genesis block seed because if it's not based on a news event, there is no proof that you didn't mine it before the release or proclaimed genesis block time.

And for your difficulty bit, if your intention was to use these blocks as testing, you should've also made the reward for these blocks 0, otherwise I consider it a problem.

Anyway, I'll be waiting for block explorers. I realize block explorers are easy, but I don't intend to screw around with Abe a couple of hours just to evaluate this.

I can only vouch for him so far but I know he mined, I believe it was, 6 blocks to test the nodes and make sure they were synced up.  Other then that I went to bed before he launched and I missed to prime mining times.    
I've been talking with Spots for a long time now and he's a solid guy.  He's not out to screw anyone.  Take that however you want.  Call me a "pumper" or "I'm in on it" or whatever.  I'm just saying what I know.

[iGotSpots]

INCOMPLETE
snowballs https://bitcointalk.org/index.php?topic=842827.0

Heritage: very close to vanilla ppcoin, mmxiv

Problems:

* MODEATE: genesis seed is not a news event
* MODERATE: Blocks 23 to 120 is purposefully set to have minimum difficulty, making instamining these blocks trivial

Notes:

+      if (!fProofOfStake && pindexLast->nHeight >= 23 && pindexLast->nHeight < 120)
+        return bnProofOfWorkLimit.GetCompact(); // most of the 1st 120 blocks

this looks like a (not security related) bug:
-    fs::path pathConfigFile(GetArg("-conf", "ppcoin.conf"));
+    fs::path pathConfigFile(GetArg("-conf", "mmxiv.conf"));

First ever coin I've evaluated with a code base so old that it doesn't include `getrawtransaction`. Because of this, and no usable block explorer, I consider this review incomplete. I could not evaluate the difficulty adjustment curve nor if there was any premine.
I expect to update this review either when someone ports getrawtransaction, two independent parties throw up Abe based block explorers, or ports my local block explorer to somehow work without getrawtransaction

Watermarks: uint64, pos

Very inaccurate. Genesis block is the same as Maieuticoin (on purpose). It is based off the newest PPC, very new code. The blocks were meant to be fast and mined before staking started. Technically, we are behind on mining. The first 23 blocks were for me to test with difficulty in the hundreds so blocks were slow and not instamined while I synced up all the seednodes, the difficulty was reset to 1. You'll see in the explorer once it's up that those blocks had a significantly higher difficulty
 
Block explorers are very easily made. Maieuticoin has had three and it's nearly the same code. I usually respect and welcome your evaluation, and while code wise you are correct and none of it is a secret, you dropped the ball on your personal conclusions

Sorry you feel that way, but I stand by it all. I give a ding for the genesis block seed because if it's not based on a news event, there is no proof that you didn't mine it before the release or proclaimed genesis block time.

And for your difficulty bit, if your intention was to use these blocks as testing, you should've also made the reward for these blocks 0, otherwise I consider it a problem.

Anyway, I'll be waiting for block explorers. I realize block explorers are easy, but I don't intend to screw around with Abe a couple of hours just to evaluate this.

Yes, the 480 coins I mined from syncing up the nodes out of a total 1,000,000 mined are a problem  

I understand you are floating around trying to make a name for yourself as the white knight of alts, but there is no big secret or breakthrough here that will help that. I suggest you stop trying to one-up me with your silly remarks. Please...go back to criticizing those who don't know how to tell you how wrong you are before someone here makes you look really foolish

[tripppn]

INCOMPLETE
snowballs https://bitcointalk.org/index.php?topic=842827.0

Heritage: very close to vanilla ppcoin, mmxiv

Problems:

* MODEATE: genesis seed is not a news event
* MODERATE: Blocks 23 to 120 is purposefully set to have minimum difficulty, making instamining these blocks trivial

Notes:

+      if (!fProofOfStake && pindexLast->nHeight >= 23 && pindexLast->nHeight < 120)
+        return bnProofOfWorkLimit.GetCompact(); // most of the 1st 120 blocks

this looks like a (not security related) bug:
-    fs::path pathConfigFile(GetArg("-conf", "ppcoin.conf"));
+    fs::path pathConfigFile(GetArg("-conf", "mmxiv.conf"));

First ever coin I've evaluated with a code base so old that it doesn't include `getrawtransaction`. Because of this, and no usable block explorer, I consider this review incomplete. I could not evaluate the difficulty adjustment curve nor if there was any premine.
I expect to update this review either when someone ports getrawtransaction, two independent parties throw up Abe based block explorers, or ports my local block explorer to somehow work without getrawtransaction

Watermarks: uint64, pos

Very inaccurate. Genesis block is the same as Maieuticoin (on purpose). It is based off the newest PPC, very new code. The blocks were meant to be fast and mined before staking started. Technically, we are behind on mining. The first 23 blocks were for me to test with difficulty in the hundreds so blocks were slow and not instamined while I synced up all the seednodes, the difficulty was reset to 1. You'll see in the explorer once it's up that those blocks had a significantly higher difficulty
 
Block explorers are very easily made. Maieuticoin has had three and it's nearly the same code. I usually respect and welcome your evaluation, and while code wise you are correct and none of it is a secret, you dropped the ball on your personal conclusions

Sorry you feel that way, but I stand by it all. I give a ding for the genesis block seed because if it's not based on a news event, there is no proof that you didn't mine it before the release or proclaimed genesis block time.

And for your difficulty bit, if your intention was to use these blocks as testing, you should've also made the reward for these blocks 0, otherwise I consider it a problem.

Anyway, I'll be waiting for block explorers. I realize block explorers are easy, but I don't intend to screw around with Abe a couple of hours just to evaluate this.

Yes, the 480 coins I mined from syncing up the nodes out of a total 1,000,000 mined are a problem  

I understand you are floating around trying to make a name for yourself as the white knight of alts, but there is no big secret or breakthrough here that will help that. I suggest you stop trying to one-up me with your silly remarks. Please...go back to criticizing those who don't know how to tell you how wrong you are before someone here makes you look really stupid

If it makes him feel better maybe you should set up a IRC tip bot loaded with those coins   

Or maybe a contest of some kind.  Snowball preorders related maybe?

[earlz]

Yes, the 480 coins I mined from syncing up the nodes out of a total 1,000,000 mined are a problem  

I understand you are floating around trying to make a name for yourself as the white knight of alts, but there is no big secret or breakthrough here that will help that. I suggest you stop trying to one-up me with your silly remarks. Please...go back to criticizing those who don't know how to tell you how wrong you are before someone here makes you look really foolish

I never said it was a problem. This is just what I do. I make no judge to if the dev is legit. Remember, one coin with an exploit had a legit founder, but a subcontracted dev that placed the exploit. I reveal what is in the code and network, nothing more. The most biased part of what I do is when I judge release times and such based on bitcointalk posts by early miners.

I never accused you of premining it or anything (I'd have no proof because I don't have a block explorer). I said there was an explicit rule that would allow instamining for a range of blocks. The instamining can be by you, or an early miner. It's in the code, you being an honest developer does not change that.

Personally, I think you're an honest dev and the instamining bit was probably just from whatever upstream coin you forked from and was not used maliciously. But that's just my opinion. There is nothing in the code that says this is not malicious and was not abused by anyone