szenekonzept (OP)
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Europecoin Financecloud API
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June 20, 2016, 02:17:31 AM |
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But on the other hand he will have TWO possibilities to achieve the goal:
1) mining and supporting the network 2) saving and limiting the supply for a certain time
thats not true u dont have two possibilities to achieve u have to use both or u fall behind in conserve the percentage of total coins im not against hybrid POW/POS solutions (how i could by run DMD is one of the best example it works out great) but for the hybrid security aspect u can even go with low mining coin rollout i dont wana create ur coin specs enough work to manage one coin i just raise this points so u can create coin specs and have that aspects also in mind when u doing so Sounds reasonable, i can't say how we are taking that into account, but you made me think from a different perspective. I hope we are managing to model the specs in a way that will make everyone happy. More thoughts are welcome. NOW is the time to raise concerns and to post ideas.
have fun Matthias .
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kalenen
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Beware
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June 20, 2016, 02:18:27 AM |
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I admire your work szenekonzept
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szenekonzept (OP)
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Europecoin Financecloud API
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June 20, 2016, 03:32:48 AM |
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I admire your work szenekonzept thank you so much kalenen, Fresh motivated we go: Its one of a series, of releases, that are ensuring a smooth transition, to our new major release.
Please everybody upgrade!
get the windows noinstall version here: DOWNLOAD EUROPECOIN 2.03 WINDOWS NOINSTALLGITHUB IS UP TO DATEhave fun Matthias .
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backbonejb
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June 20, 2016, 07:11:39 AM Last edit: June 20, 2016, 09:50:18 AM by backbonejb |
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Just installed the latest version.
Working worked smooth!
After an hour or so, i got disconnected from the network.
It mined, but the blocks where unaccepted.
Just to be curious, what's changed/prepared in this new release ?
Jerrry
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Woody20285
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Supporting DMD, ERC & PIO
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June 20, 2016, 11:20:31 AM |
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Updated wallet. NP
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Antebellum
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June 20, 2016, 11:26:33 AM |
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WoW! nothnin, nothing then everything at once! Im not at all read up on hodl? and how that works so with that said i think a change can be good (in some direction) back to pow? again would need some more information on how this would be managed before i say yes or no.. leaning a bit against it now thou, as long as the current coin coint in total dont change and there still well be room for the ones that invested in the coins on the old specs (total coins, pos, and so on) and they still can be accounted for maybe it s a good idea? Waiting for more info on how to and something to read up on first. ( new wallet version, with struggle is a thing we dont need again thou. )
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szenekonzept (OP)
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Europecoin Financecloud API
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June 20, 2016, 02:42:56 PM |
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Just installed the latest version.
Working worked smooth!
After an hour or so, i got disconnected from the network.
It mined, but the blocks where unaccepted.
Just to be curious, what's changed/prepared in this new release ?
Jerrry
The workaround (hardcoded blocks) have been coded till block 1 000 000, thats where we are, now you are running on a modified PPos engine with an output quite similar to the former engine, but prepared and testeed to run with 5 min blocktime. Next upgrade will be Blocktime and then the full switch (or both at once, Chris will decide) what you experienced, was the stop of the workaround, until enough nodes catch up the new engine. Old engines stop and are preventing hardforks by doing so.
doing an extented transition (Engine, Core, Algorithm, Staking2Hodl, Blocktime) like this, without a coinswap, is some kind of masterpiece. If we succeed, we will have prooven, to be able to adapt to ANY possible situation
have fun Matthias
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backbonejb
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June 20, 2016, 03:03:36 PM Last edit: June 20, 2016, 06:27:30 PM by backbonejb |
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Just installed the latest version.
Working worked smooth!
After an hour or so, i got disconnected from the network.
It mined, but the blocks where unaccepted.
Just to be curious, what's changed/prepared in this new release ?
Jerrry
The workaround (hardcoded blocks) have been coded till block 1 000 000, thats where we are, now you are running on a modified PPos engine with an output quite similar to the former engine, but prepared and testeed to run with 5 min blocktime. Next upgrade will be Blocktime and then the full switch (or both at once, Chris will decide) what you experienced, was the stop of the workaround, until enough nodes catch up the new engine. Old engines stop and are preventing hardforks by doing so.
doing an extented transition (Engine, Core, Algorithm, Staking2Hodl, Blocktime) like this, without a coinswap, is some kind of masterpiece. If we succeed, we will have prooven, to be able to adapt to ANY possible situation
have fun Matthias
.Hi Matthias, Thanks for your explanation. Exiting times again! Hopefully with lesser bumpy road, but as you mentioned, when you succeed, you can handle anything!. Good luck with the next exciting steps! The wallet is running fine. But.... After running a few hours, still all staking is rejected . But i assume i have to leave it on for a few days before the staking will work again.
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Limx Dev
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June 20, 2016, 06:42:40 PM |
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Bitcore BTX - a UTXO fork of Bitcoin - since 2017
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cryptonit
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bit.diamonds | uNiq.diamonds
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June 20, 2016, 06:44:18 PM |
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hmmm with the new wallet i seem to get much more POS income (higher POS rewards) u changes something? or just the first round of coin age is higher after the fix?
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backbonejb
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June 20, 2016, 06:59:51 PM |
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hmmm with the new wallet i seem to get much more POS income (higher POS rewards) u changes something? or just the first round of coin age is higher after the fix?
Hi That's what i found out also. But after approx 30 confimations, my rewards are rejected.
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Limx Dev
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June 20, 2016, 07:02:33 PM |
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Yes the new reward is 8 % p.a.
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Bitcore BTX - a UTXO fork of Bitcoin - since 2017
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jytou
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June 20, 2016, 07:09:12 PM |
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But after approx 30 confimations, my rewards are rejected.
Same here. Rewards end up with the message "Generated but not accepted".
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backbonejb
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June 20, 2016, 07:17:23 PM |
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But after approx 30 confimations, my rewards are rejected.
Same here. Rewards end up with the message "Generated but not accepted". I had 5 rejected 'awards'. The current has 39 confirmations.. Fingers crossed that this one is accepted...
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cryptonit
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June 20, 2016, 07:28:56 PM |
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Yes the new reward is 8 % p.a.
such "unimportant" info like POS rewards are increased by over 40% ( 5 -> 8 ) u shouldnt only hand out only on request please in the future add a changelog to new release so we know what changed
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cryptonit
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June 20, 2016, 07:30:49 PM |
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But after approx 30 confimations, my rewards are rejected.
Same here. Rewards end up with the message "Generated but not accepted". I had 5 rejected 'awards'. The current has 39 confirmations.. Fingers crossed that this one is accepted... at the moment im the wallet who produce most blocks and since i switched to the new wallet version im pretty sure the new generated POS blocks stay accepted
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cryptonit
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June 20, 2016, 07:39:56 PM |
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and sad to throw away POS the automated split AND merge of coin pile is working in actual implementation which means ERC is a zero micromamangement 24/7 staking POS coingenerator
im really not sure throw this away is the best decision
i would focus on services and apps and not touch the core
the only thing that was missing is active staking wallets and POS difficulty for security
the network have now much better POS competition and security that before
the last few security flaws could be easy solved by implement a easy rule that the same address that did mint the last block is not allowed to mint the following block too
then all double spend attacks with hoard lot coinpile for max age are pretty much countered
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Limx Dev
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June 20, 2016, 08:46:48 PM |
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Yes the new reward is 8 % p.a.
such "unimportant" info like POS rewards are increased by over 40% ( 5 -> 8 ) u shouldnt only hand out only on request please in the future add a changelog to new release so we know what changed Sorry ..matt has it forgot... i think. https://github.com/EuropecoinEUORG/EuropecoinV2/releases
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metamorphin
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No risk, no fun!
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June 20, 2016, 08:53:04 PM |
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Yes the new reward is 8 % p.a.
such "unimportant" info like POS rewards are increased by over 40% ( 5 -> 8 ) u shouldnt only hand out only on request please in the future add a changelog to new release so we know what changed Sorry ..matt has it forgot... i think. https://github.com/EuropecoinEUORG/EuropecoinV2/releasesHelmut, we apologize this missing important point in our ANN. We even couldnt know, how important this point could be. Like Matthias told, its only a intermediate step for our big updates. I think, Matthias only found this not so interesting. But our dev is hardworking on a cleanup and we are very thankful to have him. God praise Chris! So, our next update will be prepared tons better. Greetz Steve
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szenekonzept (OP)
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Europecoin Financecloud API
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June 20, 2016, 09:10:22 PM |
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and sad to throw away POS the automated split AND merge of coin pile is working in actual implementation which means ERC is a zero micromamangement 24/7 staking POS coingenerator
im really not sure throw this away is the best decision
i would focus on services and apps and not touch the core
the only thing that was missing is active staking wallets and POS difficulty for security
the network have now much better POS competition and security that before
the last few security flaws could be easy solved by implement a easy rule that the same address that did mint the last block is not allowed to mint the following block too
then all double spend attacks with hoard lot coinpile for max age are pretty much countered
Simple thing (and the full, honest explanation):
Our POS is running because of a workaround, that can't stay like this. This is the initial reason, why we began to thing about a core upgrade. But core of every POS coin is old fashioned, mostly forked from Bitcoin 0.8 and there are some minor thoughts like
If you are honest, as soon as the wallet works, this thread is DEAD and the trades, still made by me from time to time are also DEAD. POS users, as long as staking works, are doing something else, but not taking part and its their freaking right do do so, i am happy about my longterm supporters. But there is no chance to get an active community with this approach. If an approach doesn't work, its not the community, thats wrong, it is the approach that is wrong and it has to be rethought. That is nothing to complain about for me,everything has its place. But EUROPECOIN need at least SOME new direction, or it bankrupts me, before we reach any goal. And I will make it succeed even if its the last thing i do.
At the same time i see POW Coins always having rumors, created by their mining community. I am motivated like never before, so this there is not frustration, but if the coin doesn't take off, I am the one that has to try harder, to change that. And if it doesn't take off for ages, i also have to try something different
"always doing the same thing over and over again and expecting a different outcome is the true insanity" (Albert Einstein).
I like Hodl, because it is an alternative interesting option, to still give our staking community something that has a quite similar "look and feel" like staking has. To be honest, i am feeling the same as many of you now, i feel a bit frightened to leave a path i was used to, but exactly this is my job now. Not changing a non working concept, because of fear for the future is the approach for true loosers. So its not us
So its this combination of technical problems with the current wallet and my thoughts, i just described, that are making me think about taking this approach the world is made for the brave ones wish us all luck Matthias
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