Pages:
Author

Topic: [ANN] BitBean | Innovative PoS | Scalability | No IPO | No premine - page 16. (Read 75547 times)

legendary
Activity: 966
Merit: 1000
Hi, why dont add nodes directly in source code?if i open the wallet without the .conf file this do not find no one node

thanks
hero member
Activity: 770
Merit: 500
any chance this coin is better than dogecoin?

seems bitbean can handle more transactions then most of altcoins.

And it's the reason that Bitbean is getting more attention day by day.
legendary
Activity: 1526
Merit: 1001
I have reviewed bitbean. Here is my review:
It seems like they only changed 1 variable for the max block size. That is NOT innovation.
Also for the way pos is in this they changed only 3 things from normal pos. that is not innovation.
Dump bitb because it is not innovative. it is a scam coin. also and has fake walls and has volume which is not realistic so fake volume too.

hey , there is info on TUX coin , has long been no updates  Grin
please exchange sir  Grin

https://bitcointalksearch.org/topic/anntux-tuxcoin-x11-dgw-block-reward-based-on-moores-law-909028
hero member
Activity: 824
Merit: 512
I have followed from the start of the currency exchange and I see appearing and disappearing offer to buy or sell above the price manipulation 1BTC.
Who has eyes that will immediately notice. Tongue
sr. member
Activity: 378
Merit: 250
I have reviewed bitbean. Here is my review:
It seems like they only changed 1 variable for the max block size. That is NOT innovation.
Also for the way pos is in this they changed only 3 things from normal pos. that is not innovation.
Dump bitb because it is not innovative. it is a scam coin. also and has fake walls and has volume which is not realistic so fake volume too.
sr. member
Activity: 252
Merit: 250
bitbean is ..

maybe you should read this to know the innovations bitbean has brought into Crypto Currency.



If you want to know more about that big blocksize 20M proposal by Gavin Anderson,

Check these posts:



1 http://www.gavintech.blogspot.hk/2015/01/looking-before-scaling-up-leap.html

Code:
I just had to figure out how to repackage them into bigger blocks. After a couple of false starts over a couple of frustrating days (wouldn't it be nice if our ideas always worked perfectly the first time?), I came up with the following scheme:

First, I hacked the reference implementation and changed some constants related to the block size (MAX_BLOCK_SIZE, DEFAULT_BLOCK_MAX_SIZE, MAX_BLOCKFILE_SIZE). That part is easy.

The tricky bit is how to take transactions from the 1-MB and repackage them in bigger blocks. For most transactions, it is trivial, because ordinary transactions don't care what block they are in.

There are two exceptions:

1. Transactions that use the 'locktime' feature so they are not valid until a particular block height or date. I dealt with these by simply treating all transactions as 'final'.

2. There are special rules for 'coinbase' transactions: there can be only one coinbase transaction per block, it must be the first transaction, etc. My first couple of false starts went down the path of relaxing those rules, but I gave up that approach because I found myself changing more and more code. I think if I was 22 years old I probably would have just forged ahead, unwilling to let go of a couple of days of programming effort because "just one more change and it will probably all start to work..."

I wonder if old programmers throw away more code than young programmers. I bet we do.

Anyway, after a rethink I came up with a much cleaner solution for handling coinbase transactions from the real blockchain: I write them to a 'coinbasetx.dat' file which the hacked bitcoind reads at startup and stores in memory (there are only 73 megabytes of them). As blocks are added to the big-block chain, those coinbases are added to the "unspent transaction output set" so they are available to be spent (and I set the COINBASE_MATURITY constant to zero instead of 100, so they can be spent right away, in the same big block).

I wrote a tool ("gen_megablocks") that creates the coinbasetx.dat file and blk*.dat files that are valid-but-oversized, -regtest-mode blocks.

2 https://blog.bitcoinfoundation.org/a-scalability-roadmap/

My rough proposal for optimizing new block announcements resulted in lots of discussion about lots of scaling-up issues. There was some misunderstanding that optimizing new block messages would be a silver bullet that would solve all of the challenges Bitcoin will face as usage grows; this blog post is meant to sketch out one possible path for the behind-the-scenes technical work that is being done (or will need to get done) over the next few years to scale up Bitcoin.

3 http://gavintech.blogspot.de/2015/01/twenty-megabytes-testing-results.html

But then we need a concrete proposal for exactly how to increase the size. Here's what I will propose:

Current rules if no consensus as measured by block.nVersion supermajority.
Supermajority defined as: 800 of last 1000 blocks have block.nVersion == 4
Once supermajority attained, block.nVersion < 4 blocks rejected.
After consensus reached: replace MAX_BLOCK_SIZE with a size calculated based on starting at 2^24 bytes (~16.7MB) as of 1 Jan 2015 (block 336,861) and doubling every 6*24*365*2 blocks -- about 40% year-on-year growth. Stopping after 10 doublings.
The perfect exponential function:
size = 2^24 * 2^((blocknumber-336,861)/(6*24*365*2))
... is approximated using 64-bit-integer math as follows:



double_epoch = 6*24*365*2 = 105120
(doublings, remainder) = divmod(blocknumber-336861, double_epoch)
if doublings >= 10 : (doublings, remainder) = (10, 0)
interpolate = floor ((2^24 << doublings) * remainder / double_epoch)
max_block_size = (2^24 << doublings) + interpolate
This is a piecewise linear interpolation between doublings, with maximum allowed size increasing a little bit every block.


4 bitbean source code main.h

https://github.com/nokat/bitbean/blob/master/src/main.h

from line 34

Code:
static const unsigned int MAX_BLOCK_SIZE = 20000000;
static const unsigned int MAX_BLOCK_SIZE_GEN = MAX_BLOCK_SIZE/2;
static const unsigned int MAX_BLOCK_SIGOPS = MAX_BLOCK_SIZE/50;
static const unsigned int MAX_ORPHAN_TRANSACTIONS = MAX_BLOCK_SIZE/100;
static const unsigned int MAX_INV_SZ = 50000;
static const int64_t MIN_TX_FEE = 1000000;
.....



legendary
Activity: 1484
Merit: 1000
any chance this coin is better than dogecoin?

seems bitbean can handle more transactions then most of altcoins.
Thats why it was invented, to handle more transactions and faster than the light   Wink
sr. member
Activity: 250
Merit: 250
bitbean is the shit. no way i am selling mine
hero member
Activity: 952
Merit: 501
any chance this coin is better than dogecoin?

seems bitbean can handle more transactions then most of altcoins.
sr. member
Activity: 392
Merit: 250
please go to 400 sat already so i can get back my initial investment on alt coins!
if only i invested on this when it was 3 sat!




wow you can say that againnnnnnnnnnnnnnnnnnn Undecided Undecided
sr. member
Activity: 308
Merit: 250
please go to 400 sat already so i can get back my initial investment on alt coins!
if only i invested on this when it was 3 sat!
member
Activity: 196
Merit: 10
I staked 31 blocks plus 4 orphans yesterday, and that was with my wallet not being connected to the network some of the time (50/50 connected). Today so far i've staked 7 blocks. I have just over 4M and block sizes are from 10K to 100K!

@DEV  Why am i having problems connecting to this network, I've tried everything and i'm not new to installing wallets and config files. My connection keeps dropping and most of the time when it is connected i've only got 1 or 2  active connections.

I've staked 46 blocks in the last 24 hours by sitting on 8.2m coins. I broke them up into 500k blocks, fyi. And, they were all sent to the same address, not different addresses.



Good job!
I suggest more people stake too because they are missing out if they hold without staking.
Each block is 1000 coins and there are 1440 blocks per day. That is 1,440,000 coins a day. If you don't stake you don't get any of that.
legendary
Activity: 1484
Merit: 1000
pump as long as some minute  Grin
It hit 34 in cryptsy, today can hit 40 also. This is just a change money playing, imagine if someone want to buy 20k $$ of this coin alone?  Grin
legendary
Activity: 1526
Merit: 1001
pump as long as some minute  Grin
sr. member
Activity: 327
Merit: 250
I staked 31 blocks plus 4 orphans yesterday, and that was with my wallet not being connected to the network some of the time (50/50 connected). Today so far i've staked 7 blocks. I have just over 4M and block sizes are from 10K to 100K!

@DEV  Why am i having problems connecting to this network, I've tried everything and i'm not new to installing wallets and config files. My connection keeps dropping and most of the time when it is connected i've only got 1 or 2  active connections.

I've staked 46 blocks in the last 24 hours by sitting on 8.2m coins. I broke them up into 500k blocks, fyi. And, they were all sent to the same address, not different addresses.

legendary
Activity: 1484
Merit: 1000
Any chance of telling how to turn on coin control?

thanks
In wallet settings
Setting >>options>>Display>> tick coin control option>> Apply>>save>> done!!

After that you are ready to use it, if you dont know yet how to use it, just keep checking around you ll get an idea how to use and you can try

Thanks mate i will look over the wiki for hbn for info further
Cheers mate.

If you want video tutorial, here is one video..but it was done in hyper wallet, you can have a look and get idea!
https://www.youtube.com/watch?v=JCXvS1kxcQA
newbie
Activity: 43
Merit: 0
Any chance of telling how to turn on coin control?

thanks
In wallet settings
Setting >>options>>Display>> tick coin control option>> Apply>>save>> done!!

After that you are ready to use it, if you dont know yet how to use it, just keep checking around you ll get an idea how to use and you can try

Thanks mate i will look over the wiki for hbn for info further
legendary
Activity: 1484
Merit: 1000
Any chance of telling how to turn on coin control?

thanks
In wallet settings
Setting >>options>>Display>> tick coin control option>> Apply>>save>> done!!

After that you are ready to use it, if you dont know yet how to use it, just keep checking around you ll get an idea how to use and you can try
newbie
Activity: 43
Merit: 0
Any chance of telling how to turn on coin control?

thanks
legendary
Activity: 1484
Merit: 1000
hey guys, any recommendation on block size for staking? I think my wallet is cheating  Undecided

can someone explain to me how can i know how much each of my addresses have?
If you use coin control there is a tree map to display all details about amount and addresses, you can see there which address holds what amount, and block size  Smiley

hmmm its too complicated for a noob like me. for example this address have this adress abc123 with 600 coins then i want to combine it with adress 123abc with 600 coins also what address should i put at custom and pay to?
You can use any address, just need to tick transaction block and send it to new address or any existing address then block will be merged and you ll have one bigger block than two smaller block. I think thats what you are asking, if you see it once how to do it, you can do it easily, its easy  Smiley
Pages:
Jump to: