[ANN] BitcoinFast revival - - page 9.

Blockmunch

member

Activity: 728

Merit: 19

Quote from: Spidersbox on March 03, 2018, 11:53:37 AM

Mandatory wallet update soon

we seem to be experiencing a "Time Warp" attack - it is an exploit on the KMW
that is the reason for the rush on the next wallet update.

Still waiting to hear from Cryptopia to find out how little time they need to rush this through, so I can set a time for the fork.

I would suggest not bothering to mine BCF right now - as the person doing the attack will be stealing all of the blocks, and you would just be wasting your hash.
Cryptopia has put the BCF wallet into maintenance, awaiting the update.

I will be removing the kimoto gravity wall from the wallet in the next update - about two weeks from now (depending on Cryptopia's time frame)

Spiders,

We have disabled the coin from our pool for now until you have the update. Could you please PM us when the wallet is released, and we will have the pool up for day one new version release.

Thanks,

Spidersbox

legendary

Activity: 1294

Merit: 1039

Mandatory wallet update soon

we seem to be experiencing a "Time Warp" attack - it is an exploit on the KMW
that is the reason for the rush on the next wallet update.

Still waiting to hear from Cryptopia to find out how little time they need to rush this through, so I can set a time for the fork.

I would suggest not bothering to mine BCF right now - as the person doing the attack will be stealing all of the blocks, and you would just be wasting your hash.
Cryptopia has put the BCF wallet into maintenance, awaiting the update.

I will be removing the kimoto gravity wall from the wallet in the next update - about two weeks from now (depending on Cryptopia's time frame)

vegascoinpool

member

Activity: 223

Merit: 12

Quote from: Spidersbox on February 28, 2018, 05:52:51 PM

bottlecaps did something similar. it put a cap on staked rewards of 1000 - it didn't matter how many you staked, max you could get was 1000.
both are something to think about.

Not sure I like either concept. I think if someone is going to have gone through whatever combination of investment or mining work to accumulate a large holding, they shouldn’t be penalized for it. If the idea behind staking is to incentivize holding of the coins longer-term, limiting the staking seems to also then limit that goal.

I agree that strong concentration of ownership is probably bad short term, but if an ecosystem can develop and people have multiple use cases, and other options that involve spending/transferring coins around, then eventually you’d see that concentration move downwards some. I suppose, too, though, that every coin will have it’s few whales.

n1que

member

Activity: 197

Merit: 11

Quote from: Spidersbox on February 28, 2018, 05:52:51 PM

Quote from: pazor_true on February 28, 2018, 05:45:32 PM

there should be a maximum balance of possible staking coins in a wallet.
for example 10.000 coins

that mechanism protects to get the rich wallet richer.

only 10.000 coins can stake in each wallet. not more

there is currently a rich concentration of ~ 79% to the top 25 wallets
http://bcf.altcoinwarz.com:3003/richlist

bottlecaps did something similar. it put a cap on staked rewards of 1000 - it didn't matter how many you staked, max you could get was 1000.
both are something to think about.

rich concentration always scared me away to buy new coins

Spidersbox

legendary

Activity: 1294

Merit: 1039

Quote from: pazor_true on February 28, 2018, 05:45:32 PM

there should be a maximum balance of possible staking coins in a wallet.
for example 10.000 coins

that mechanism protects to get the rich wallet richer.

only 10.000 coins can stake in each wallet. not more

there is currently a rich concentration of ~ 79% to the top 25 wallets
http://bcf.altcoinwarz.com:3003/richlist

bottlecaps did something similar. it put a cap on staked rewards of 1000 - it didn't matter how many you staked, max you could get was 1000.
both are something to think about.

pazor_true

legendary

Activity: 1462

Merit: 1025

i love Emerald (EMD)

there should be a maximum balance of possible staking coins in a wallet.
for example 10.000 coins

that mechanism protects to get the rich wallet richer.

only 10.000 coins can stake in each wallet. not more

there is currently a rich concentration of ~ 79% to the top 25 wallets
http://bcf.altcoinwarz.com:3003/richlist

mpool

newbie

Activity: 7

Merit: 0

========================================
Welcome, pool of BitcoinFast http://mpool.su fee 0.5%
========================================

vegascoinpool

member

Activity: 223

Merit: 12

Quote from: ?? on ??

LuckyAltcoin.com

New pool! 1% Fees, Payout every 2 hours with balances over 0.001, no registration needed!

Code:

-o stratum+tcp://pool.luckyaltcoin.com:3433 -u  -p c=BCF

This is my new fave pool guys. Thx HotSwapp!

TiT Monkey

newbie

Activity: 52

Merit: 0

got it working, made a config file

TiT Monkey

newbie

Activity: 52

Merit: 0

Quote from: Spidersbox on February 27, 2018, 11:40:16 AM

Quote from: TiT Monkey on February 27, 2018, 04:35:40 AM

wallet v3, running windows, zero connections, any idea why?

the wallet will connect as soon as it is launched, it can take a half a minute sometimes.
If you can't get any connections, your firewall could be blocking it.

hell I would love to mine, stake and be apart of BitcoinFast, but when I download your wallet, install it, it does nothing, I even forcefully added the exception to firewall to allow it through, but the wallet is not trying to connect because I get no prompt to allow/block, I actually had to add it to the firewall allowed list....

I have removed/reinstalled 4 times, nothing changes, I have a dozen wallets all working, I don't know what I'm doing wrong.

Spidersbox

legendary

Activity: 1294

Merit: 1039

Quote from: pazor_true on February 27, 2018, 05:30:25 AM

what is the minimum balance for staking ?

btw.
good job Spider !

there isn't a minimum, other than too few won't produce a reward large enough to count (only 8 decimal places)
the more the merrier

25% annual / 365 days
coin maturity is 1 day, so to get the 25%, you will have to stake once, every day.
(most simplest explanation - and not very technically accurate)

Spidersbox

legendary

Activity: 1294

Merit: 1039

Quote from: TiT Monkey on February 27, 2018, 04:35:40 AM

wallet v3, running windows, zero connections, any idea why?

the wallet will connect as soon as it is launched, it can take a half a minute sometimes.
If you can't get any connections, your firewall could be blocking it.

bambarmia

full member

Activity: 630

Merit: 103

Is this project resurrected already? Good job guys and congratulations.

pazor_true

legendary

Activity: 1462

Merit: 1025

i love Emerald (EMD)

what is the minimum balance for staking ?

btw.
good job Spider !

TiT Monkey

newbie

Activity: 52

Merit: 0

wallet v3, running windows, zero connections, any idea why?

Spidersbox

legendary

Activity: 1294

Merit: 1039

The new code in the wallet is working well.
the PoS difficulty has dropped from 139 to 30 so far (30 hours after the fork).
As more wallets stake, the difficulty will continue to drop, as it should.
The rate of decrease will slow as we move on.
It's nice to see so many POS blocks in the explorer

vegascoinpool

member

Activity: 223

Merit: 12

Quote from: Spidersbox on February 24, 2018, 05:37:38 PM

Quote from: vegascoinpool on February 22, 2018, 02:28:21 PM

MacOS wallet and I’m in... what’s an ETA here guys?

the mac wallet is done, still waiting on the update from the web dev
meanwhile, you can download from google drive
https://drive.google.com/open?id=1gLbt24ayD4L05oBqwZA66P6zP9i1yqv6

Got it. Downloading now.

JensS

legendary

Activity: 966

Merit: 1020

Buzzex Exchange

Hi Everybody,

We have added Bitcoin Fast to the coin voting page of the ADZbuzz Exchange on https://adzbuzz.com

The ADZbuzz Exchange is the next big crypto exchange built on top of a social content discovery network which will allow traders to earn their favorite coins daily just for trading using a 100% unique system.

You can read the ADZbuzz Exchange whitepaper here: https://adzbuzz.com/Adzbuzz-Exchange-White-Paper.pdf

We are in the process of adding new coins the next weeks/months and everybody gets a free vote, here you can vote for Bitcoin Fast:

https://forum.adzbuzz.com/forum/cryptocurrencies/announcements/16568-adzbuzz-exchange-coin-vote-get-your-favorite-coin-listed-on-the-adzbuzz-exchange

Good luck!
The ADZbuzz Team

dac10

sr. member

Activity: 557

Merit: 250

Quote from: webbski9 on February 20, 2018, 03:42:35 PM

Spider,sadly ,it didn't open .It seems to download then ...disappear ...any thoughts?

Even the Window wallet behaved like that, you have to unlock "Intelligence on the dawnload" in the antivirus before downloading the wallet.

Spidersbox

legendary

Activity: 1294

Merit: 1039

Quote from: psycodad on February 25, 2018, 05:10:23 AM

Quote from: Spidersbox on February 24, 2018, 05:38:10 PM

Mandatory Bitcoin Fast wallet update.
Please update by Mon Feb 26 00:00:00 UTC 2018

On which version should we be to be safe? Is below recent enough?

Code:

bitcoinfastd getinfo
{
    "version" : "v3.0.0.0-beta",
    "protocolversion" : 70000,
    "walletversion" : 60000,
    ...

TIA

yes. that is the newest version

Topic: [ANN] BitcoinFast revival - - page 9. (Read 42667 times)