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Author Topic: [ANN] Snowballs | ONE MORE HARD FORK to BALLS 2.0.2 | BALLS/MMXIV Market OPEN  (Read 257460 times)
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iGotSpots (OP)
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December 28, 2014, 03:53:52 AM
 #1921

*** 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
 #1922

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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December 28, 2014, 05:04:50 AM
 #1923

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

hardfork for 10.000% again would be as good Grin

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December 28, 2014, 05:15:25 AM
 #1924

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

hardfork for 10.000% again would be as good Grin

Lol, a hard fork of any kind is what I'm trying to avoid

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December 28, 2014, 05:17:49 AM
 #1925

@ iGotSpot

So I think I am understanding everything. I never moved coins and I won't so I keep staking.

But say I buy coins on market. Should I create a new wallet and put them there? Or am I fine just sending to current wallet and my staking will stay going day to day?


If you are going to leave your BTC on an exchange please send it to this address instead 1GH3ub3UUHbU5qDJW5u3E9jZ96ZEmzaXtG, I will at least use the money better than someone who steals it from the exchange. Thanks Wink
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December 28, 2014, 05:34:12 AM
 #1926

@ iGotSpot

So I think I am understanding everything. I never moved coins and I won't so I keep staking.

But say I buy coins on market. Should I create a new wallet and put them there? Or am I fine just sending to current wallet and my staking will stay going day to day?



You can use the same one. Each deposit is calculated individually

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December 28, 2014, 05:38:35 AM
 #1927

What shall I do to stake again just wait for this month to be out and in 30 days I will stake again?


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December 28, 2014, 05:52:55 AM
 #1928

What shall I do to stake again just wait for this month to be out and in 30 days I will stake again?

Yes. It may stake earlier than that. Honestly, I don't know what to suggest doing other than just hold and see what happens

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December 28, 2014, 09:28:18 AM
 #1929


Expected time for reward 15 minutes, that us 9 minutes less then 12 hours ago.
And I have more weight and network weight is still going down so I expects BIG reward in xx days.
In the other wallet coins are not mature yet but I keep you informed with the result.
Waiting for stake is now similar with Hyperstake imo.

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December 28, 2014, 09:32:44 AM
 #1930


Expected time for reward 15 minutes, that us 9 minutes less then 12 hours ago.
And I have more weight and network weight is still going down so I expects BIG reward in xx days.
In the other wallet coins are not mature yet but I keep you informed with the result.
Waiting for stake is now similar with Hyperstake imo.

Not even close to the same system. Ours is guaranteed staking once you pass the threshold, they encourage competition for stakes

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December 28, 2014, 09:48:26 AM
 #1931

Agree they call it a kind of lottery ticket the blocks you have and how big they are.
But the waiting for a stake is similar now.
I have also 20K HYP and waiting now more than a week for the next reward.
A few weeks ago I was lucky and had 4 stakes in one day so that gives the lottery effect.
I liked on BALLS that you get few times a day your reward and that is over. Correct?
In HYP I can choice witch coins you send if you want to sell some but now with BALLS you risk potential profit because you don't know the coin age the coins you want to sell. Or have all the coins in a wallet the same coinage?

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December 28, 2014, 10:59:30 AM
 #1932

I moved my coins like you guys suggested, it has been 48 hours and it still saying stake within 20 min

watching closely here.

https://bitcoinfundingteam.com/ref/SatoshiTeam
turn 0.1 BTC to 80BTC week after week!!!
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December 28, 2014, 11:42:35 AM
 #1933

My second wallet with 1094 fresh BALLS has now a weight of 64 and 19 days expected reward time.

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December 28, 2014, 11:48:04 AM
 #1934

Now I have to open the wallet 24hrs or wait for 30days and open it.
P.S. sorry for my English
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December 28, 2014, 12:05:28 PM
Last edit: December 28, 2014, 12:39:48 PM by MisterGreen
 #1935

It seems that even the rich list will also update in 30 days again. Cheesy
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December 28, 2014, 04:28:38 PM
 #1936

It seems that even the rich list will also update in 30 days again. Cheesy

http://balls.blockexplorer.cc/chain/Snowballs

     not work - block stop 27.12.2014
who repair this?
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December 28, 2014, 04:41:42 PM
 #1937

So just to be clear, you've no idea what your code is doing?

Is your 'mistake' in this commit? https://github.com/iGotSpots/BALLS/commit/c5d7eec9d4d7854e48fac1c1aef6fcd724a6070e

So in theory you have a coin with no coin control but a maturity time of 30 days? really?

I can only hope you are actually watching your block times.

This post sums up why all this bullshit is a scam
Read It. Hate It. Change the facts that it represents.
https://bitcointalk.org/index.php?topic=1606638.msg16139644#msg16139644
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December 28, 2014, 05:05:42 PM
 #1938

So just to be clear, you've no idea what your code is doing?

Is your 'mistake' in this commit? https://github.com/iGotSpots/BALLS/commit/c5d7eec9d4d7854e48fac1c1aef6fcd724a6070e

So in theory you have a coin with no coin control but a maturity time of 30 days? really?

I can only hope you are actually watching your block times.


This is why it takes balls to own balls !   Wink
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December 28, 2014, 05:31:20 PM
Last edit: December 28, 2014, 06:44:37 PM by iGotSpots
 #1939


No. It's been there since the start. The timestamp was set to Christmas of this year instead of Christmas in 2020. I messed up a timestamp between MMXIV and BALLS. It's also in MMXIV for Aug 15th. Can be kept or changed, depending how BALLS reacts

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December 28, 2014, 08:10:10 PM
 #1940

Hard fork or dead coin you choose Dev   Angry
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