[ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink - page 10.

FoldingCoin

hero member

Activity: 742

Merit: 500

Quote from: frameLAlife on February 17, 2015, 10:35:47 PM

Quote from: GWCalvert on February 17, 2015, 09:14:58 PM

Quote from: frameLAlife on February 17, 2015, 08:02:31 PM

http://ltcd.lifeforce.info/

"We've determined the Octocoin wallet WILL NOT send more than 50,000 coins in one transaction and peoples manual payouts over 50,000 coins were failing, requiring us to perform manual payouts which then required us to do a lot of work on the pools accounting back end - this gave cause to seriously consider shutting down the pool. The best remedy for us and you miners was just to disable manual payouts"

this was posted on lifeforce's info page for Octocoin. i do not see a date for the post. i wonder if that is true that the wallet transactions over 50,000 coins fail? i remember sending transactions between 20-40k but i cannot remember if i ever sent a transaction over 50k.

please keep that in mind when burning your coins if this is the case. it may take multiple transactions all tied to the same return Counterwallet address.

I know that I have transferred more than 100K at once from Bittrex in the past, but it may have been with an earlier wallet.

I do not recall anything in the code that would limit large transactions, but there could be an issue with the number of inputs that make up the total quantity being sent. If you have a lot of small transactions coming into your wallet (from mining and faucets) and then try to send them all at once, it could possibly cause an issue.

All coins have a max ~~transaction~~ block size, not in number of coins, but in bytes. The more inputs that have to be put together to make a transaction; the larger the ~~transaction~~ block size in bytes. If the transaction size creates a block that is larger than the max size, it will be rejected.

I know that is why most exchanges do not want you to mine directly to your wallet address on the exchange, as it can limit the number of coins that they can include in a withdrawal transaction because of the ~~transaction~~ block size limit on most coins.

I would think that if all of the coins were sent to the burn address from the same Octo address, it would be fairly easy (although time consuming) to get an accurate total.

I'll scan through the code again and see if I see anything...

thanks for clarifying.

So if i understand this correctly, the issue is that the exchange could not transfer more than 50k or is it the actual QT client?

syncsam

full member

Activity: 172

Merit: 100

BURNING

Sorry haven't had time to read all the messages yet, so will catch up on the info soon

frameLAlife

sr. member

Activity: 378

Merit: 250

Yessir.

Quote from: GWCalvert on February 17, 2015, 09:14:58 PM

Quote from: frameLAlife on February 17, 2015, 08:02:31 PM

http://ltcd.lifeforce.info/

"We've determined the Octocoin wallet WILL NOT send more than 50,000 coins in one transaction and peoples manual payouts over 50,000 coins were failing, requiring us to perform manual payouts which then required us to do a lot of work on the pools accounting back end - this gave cause to seriously consider shutting down the pool. The best remedy for us and you miners was just to disable manual payouts"

this was posted on lifeforce's info page for Octocoin. i do not see a date for the post. i wonder if that is true that the wallet transactions over 50,000 coins fail? i remember sending transactions between 20-40k but i cannot remember if i ever sent a transaction over 50k.

please keep that in mind when burning your coins if this is the case. it may take multiple transactions all tied to the same return Counterwallet address.

I know that I have transferred more than 100K at once from Bittrex in the past, but it may have been with an earlier wallet.

I do not recall anything in the code that would limit large transactions, but there could be an issue with the number of inputs that make up the total quantity being sent. If you have a lot of small transactions coming into your wallet (from mining and faucets) and then try to send them all at once, it could possibly cause an issue.

All coins have a max ~~transaction~~ block size, not in number of coins, but in bytes. The more inputs that have to be put together to make a transaction; the larger the ~~transaction~~ block size in bytes. If the transaction size creates a block that is larger than the max size, it will be rejected.

I know that is why most exchanges do not want you to mine directly to your wallet address on the exchange, as it can limit the number of coins that they can include in a withdrawal transaction because of the ~~transaction~~ block size limit on most coins.

I would think that if all of the coins were sent to the burn address from the same Octo address, it would be fairly easy (although time consuming) to get an accurate total.

I'll scan through the code again and see if I see anything...

thanks for clarifying.

GWCalvert

full member

Activity: 167

Merit: 100

Quote from: frameLAlife on February 17, 2015, 08:02:31 PM

http://ltcd.lifeforce.info/

"We've determined the Octocoin wallet WILL NOT send more than 50,000 coins in one transaction and peoples manual payouts over 50,000 coins were failing, requiring us to perform manual payouts which then required us to do a lot of work on the pools accounting back end - this gave cause to seriously consider shutting down the pool. The best remedy for us and you miners was just to disable manual payouts"

this was posted on lifeforce's info page for Octocoin. i do not see a date for the post. i wonder if that is true that the wallet transactions over 50,000 coins fail? i remember sending transactions between 20-40k but i cannot remember if i ever sent a transaction over 50k.

please keep that in mind when burning your coins if this is the case. it may take multiple transactions all tied to the same return Counterwallet address.

I know that I have transferred more than 100K at once from Bittrex in the past, but it may have been with an earlier wallet.

I do not recall anything in the code that would limit large transactions, but there could be an issue with the number of inputs that make up the total quantity being sent. If you have a lot of small transactions coming into your wallet (from mining and faucets) and then try to send them all at once, it could possibly cause an issue.

All coins have a max ~~transaction~~ block size, not in number of coins, but in bytes. The more inputs that have to be put together to make a transaction; the larger the ~~transaction~~ block size in bytes. If the transaction size creates a block that is larger than the max size, it will be rejected.

I know that is why most exchanges do not want you to mine directly to your wallet address on the exchange, as it can limit the number of coins that they can include in a withdrawal transaction because of the ~~transaction~~ block size limit on most coins.

I would think that if all of the coins were sent to the burn address from the same Octo address, it would be fairly easy (although time consuming) to get an accurate total.

I'll scan through the code again and see if I see anything...

frameLAlife

sr. member

Activity: 378

Merit: 250

Yessir.

Ok, so be sure not to send any coins to the unconfirmed burn address.

We are still figuring this out and really need the block explorer up. You can start to email in your Counterwallet and Octocoin addresses as stated a few posts earlier.

Thanks.

frameLAlife

sr. member

Activity: 378

Merit: 250

Yessir.

Well my wallet is synced. I'm ready to burn once address is confirmed. May have to send multiple transactions if the 50k post is true.

frameLAlife

sr. member

Activity: 378

Merit: 250

Yessir.

http://ltcd.lifeforce.info/

"We've determined the Octocoin wallet WILL NOT send more than 50,000 coins in one transaction and peoples manual payouts over 50,000 coins were failing, requiring us to perform manual payouts which then required us to do a lot of work on the pools accounting back end - this gave cause to seriously consider shutting down the pool. The best remedy for us and you miners was just to disable manual payouts"

this was posted on lifeforce's info page for Octocoin. i do not see a date for the post. i wonder if that is true that the wallet transactions over 50,000 coins fail? i remember sending transactions between 20-40k but i cannot remember if i ever sent a transaction over 50k.

please keep that in mind when burning your coins if this is the case. it may take multiple transactions all tied to the same return Counterwallet address.

frameLAlife

sr. member

Activity: 378

Merit: 250

Yessir.

I'm syncing my Octocoin wallet for the first time in months.

frameLAlife

sr. member

Activity: 378

Merit: 250

Yessir.

Have we confirmed this is the address for the burn?

8burnYouroctoHere4oCToPartyXRcdDgX

"OK, it's pretty straightforward, the last few characters are required for a checksum and the first needs to be an 8 but you can have anything alphanumeric you want for the rest excluding lowercase l, upper case O and I or 0 (zero). For instance this is a valid address, I just sent some dust there"

If so I can get started. I will send mine to the address.

Guys, you can email your info to [email protected] and copy Robert.

You can get your wallet at counterwallet.co

You saw Robert's walkthrough but if you have questions or issues you can add me to Skype: kristharp78

Please wait until these guys respond and confirm the address above is going to be the official burn address.

FoldingCoin

hero member

Activity: 742

Merit: 500

Quote from: GWCalvert on February 17, 2015, 06:52:20 PM

Quote from: frameLAlife on February 17, 2015, 04:38:56 PM

I believe that is dependent on GW Calvert unless someone else can do it. I have emailed him about it. His wife is in the hospital but he said he would get back to me about it asap.

I have sent messages to a couple of guys that have done block explorers for me in the past. I'm just waiting on their reply.

There are others out there in BTCtalk-land that set up explorers. If anyone knows of someone, you might send them a message and inquire about their fees. Or... If someone has some server or VPN space available that we could use for a couple of months; I'm sure that there is someone here among us that can get an explorer up and running.

Unfortunately, my time is very limited for what looks like to be at least the next month. I will know more after my wife's visit with her doctor tomorrow. It sucks getting old... Tongue

I would say we start developing the burn now to get this going. So before the explorer is setup, here are the steps that can be taken:

Have all 888 holders put all their 888 in one address
have 888 holders create their counterwallets http://foldingcoin.net/counterparty-guides/#wallet
begin emailing framALife and CC me, [email protected] (do not do this through bitcointalk as records of the emails are essential)
the email should contain the following:
- counterwallet address
- 888 address (where all the 888 is in)
- amount in the 888 address to be burned
then we can start building the database over the next few weeks to be ready to do the burn
the block explorer though MUST BE UP before the burn date so a snapshot can be taken

I can even setup a google doc that is publicaly viewable for transparency

frameLAlife

sr. member

Activity: 378

Merit: 250

Yessir.

Quote from: GWCalvert on February 17, 2015, 06:52:20 PM

Quote from: frameLAlife on February 17, 2015, 04:38:56 PM

I believe that is dependent on GW Calvert unless someone else can do it. I have emailed him about it. His wife is in the hospital but he said he would get back to me about it asap.

I have sent messages to a couple of guys that have done block explorers for me in the past. I'm just waiting on their reply.

There are others out there in BTCtalk-land that set up explorers. If anyone knows of someone, you might send them a message and inquire about their fees. Or... If someone has some server or VPN space available that we could use for a couple of months; I'm sure that there is someone here among us that can get an explorer up and running.

Unfortunately, my time is very limited for what looks like to be at least the next month. I will know more after my wife's visit with her doctor tomorrow. It sucks getting old... Tongue

No problem. We will figure it out

Please spread the word guys.

GWCalvert

full member

Activity: 167

Merit: 100

Quote from: frameLAlife on February 17, 2015, 04:38:56 PM

I believe that is dependent on GW Calvert unless someone else can do it. I have emailed him about it. His wife is in the hospital but he said he would get back to me about it asap.

I have sent messages to a couple of guys that have done block explorers for me in the past. I'm just waiting on their reply.

There are others out there in BTCtalk-land that set up explorers. If anyone knows of someone, you might send them a message and inquire about their fees. Or... If someone has some server or VPN space available that we could use for a couple of months; I'm sure that there is someone here among us that can get an explorer up and running.

Unfortunately, my time is very limited for what looks like to be at least the next month. I will know more after my wife's visit with her doctor tomorrow. It sucks getting old... Tongue

frameLAlife

sr. member

Activity: 378

Merit: 250

Yessir.

I believe that is dependent on GW Calvert unless someone else can do it. I have emailed him about it. His wife is in the hospital but he said he would get back to me about it asap.

FoldingCoin

hero member

Activity: 742

Merit: 500

Quote from: frameLAlife on February 17, 2015, 09:45:48 AM

Quote from: FoldingCoin on February 17, 2015, 12:44:41 AM

Quote from: frameLAlife on February 16, 2015, 11:50:38 PM

Quote from: hashbrown9000 on February 16, 2015, 11:47:21 PM

also willing to provide some lowly GPU hash for the process, but it may be more cost-effective to rent someone's ASICs.

thanks for the offer hashbrown. hey, every hash counts. if we do a 2 month burn process or even a 1 month burn process, then we will have to control the network during that time period.

whether it's GPU's or rented hash every little bit counts.

Looks like there are a lot of takers on the burn, I am excited for this

Let me know when you are ready to get something up on our site with instructions on how the burn will work. If you join the Merged Folding family you get some real estate on our site for whatever you would like

Yeah, we've had some good responses. I also have received some PM's saying they were burning. I also know my roommate and another friend are burning. So the list is growing.

Surprisingly, even with the modest amount that have posted, many of these hold quite a bit of Octocoin.

Guys, the balls in your court as far as the burn. I'll be available for whatever you need me to do, including starting the website, writing some press releases to let some Bitcoin news sites know about the burn, etc.

Let me know your skype names so we can get started on the technical aspect of it and get the ball rolling.

Great

Whats the timeline on getting the explorer up?

godzfather

newbie

Activity: 3

Merit: 0

Burning

frameLAlife

sr. member

Activity: 378

Merit: 250

Yessir.

Quote from: FoldingCoin on February 17, 2015, 12:44:41 AM

Quote from: frameLAlife on February 16, 2015, 11:50:38 PM

Quote from: hashbrown9000 on February 16, 2015, 11:47:21 PM

also willing to provide some lowly GPU hash for the process, but it may be more cost-effective to rent someone's ASICs.

thanks for the offer hashbrown. hey, every hash counts. if we do a 2 month burn process or even a 1 month burn process, then we will have to control the network during that time period.

whether it's GPU's or rented hash every little bit counts.

Looks like there are a lot of takers on the burn, I am excited for this

Let me know when you are ready to get something up on our site with instructions on how the burn will work. If you join the Merged Folding family you get some real estate on our site for whatever you would like

Yeah, we've had some good responses. I also have received some PM's saying they were burning. I also know my roommate and another friend are burning. So the list is growing.

Surprisingly, even with the modest amount that have posted, many of these hold quite a bit of Octocoin.

Guys, the balls in your court as far as the burn. I'll be available for whatever you need me to do, including starting the website, writing some press releases to let some Bitcoin news sites know about the burn, etc.

Let me know your skype names so we can get started on the technical aspect of it and get the ball rolling.

frameLAlife

sr. member

Activity: 378

Merit: 250

Yessir.

I believe GW Calvert, Squidsin and maybe 1-2 more have offered to help with the burn. I need you guys to PM me your Skype names so we can create the Skype chat for the burn devs. Then coordination can begin.

Also, I'm going to start the website this weekend.

BTC address if you want to donate towards the cost of the website:

1fff2DwPLF3gYCgTL8HBNsLkmJfrhn5rd

I will use www.squarespace.com to build the website and purchase the domain all in one package. I can start building it now but before publish I'll have to pay. It should be around $100-$200 depending on whether I get the lowest bandwidth/storage or the unlimited.

http://www.squarespace.com/pricing/

Thanks in advance to anyone who donates.

madmartyk

legendary

Activity: 2674

Merit: 1030

Yes I am a pirate, 300 years too late!

Quote from: FoldingCoin on February 17, 2015, 12:44:41 AM

Quote from: frameLAlife on February 16, 2015, 11:50:38 PM

Quote from: hashbrown9000 on February 16, 2015, 11:47:21 PM

also willing to provide some lowly GPU hash for the process, but it may be more cost-effective to rent someone's ASICs.

thanks for the offer hashbrown. hey, every hash counts. if we do a 2 month burn process or even a 1 month burn process, then we will have to control the network during that time period.

whether it's GPU's or rented hash every little bit counts.

Looks like there are a lot of takers on the burn, I am excited for this

Let me know when you are ready to get something up on our site with instructions on how the burn will work. If you join the Merged Folding family you get some real estate on our site for whatever you would like

Please post link and instructions.

FoldingCoin

hero member

Activity: 742

Merit: 500

Quote from: frameLAlife on February 16, 2015, 11:50:38 PM

Quote from: hashbrown9000 on February 16, 2015, 11:47:21 PM

also willing to provide some lowly GPU hash for the process, but it may be more cost-effective to rent someone's ASICs.

thanks for the offer hashbrown. hey, every hash counts. if we do a 2 month burn process or even a 1 month burn process, then we will have to control the network during that time period.

whether it's GPU's or rented hash every little bit counts.

Looks like there are a lot of takers on the burn, I am excited for this

Let me know when you are ready to get something up on our site with instructions on how the burn will work. If you join the Merged Folding family you get some real estate on our site for whatever you would like

frameLAlife

sr. member

Activity: 378

Merit: 250

Yessir.

Quote from: hashbrown9000 on February 16, 2015, 11:47:21 PM

also willing to provide some lowly GPU hash for the process, but it may be more cost-effective to rent someone's ASICs.

thanks for the offer hashbrown. hey, every hash counts. if we do a 2 month burn process or even a 1 month burn process, then we will have to control the network during that time period.

whether it's GPU's or rented hash every little bit counts.

Topic: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink - page 10. (Read 297651 times)