Topic: [ANN] Cinni | Mandatory: Convert your Cinni to Stakecoin. Instuctions posted. - page 59. (Read 739183 times)
August 02, 2014, 11:03:13 PM
It's nice to see something moving in CINNI!
August 02, 2014, 10:56:22 PM
Update:
I have not heard anything from rynomster yet (at this point the only contact info I have for him is his bitcointalk account where I sent him a private message).
I think I have an idea why some people keep having a syncing problem. If I am right it should be fairly easy to fix. Our wallet features are part of what makes CINNI so attractive so I want to make sure everything is working perfectly before moving on to new features. I will come back again by this weekend with another status update.
I have not heard anything from rynomster yet (at this point the only contact info I have for him is his bitcointalk account where I sent him a private message).
I think I have an idea why some people keep having a syncing problem. If I am right it should be fairly easy to fix. Our wallet features are part of what makes CINNI so attractive so I want to make sure everything is working perfectly before moving on to new features. I will come back again by this weekend with another status update.
Updates are really appreciated - didn't someone previously offer his email contact info?
I sent a PM to that person but he has not provided me with an email address for Rynomster (or any contact info) at this time. Therefore I will proceed without him.
In terms of the syncing and staking issues I cannot find an error in the code itself.
For syncing new wallets one big issue is the blockchain size. While 15 second block times are great for merchants/consumers seeking quick confirmations, the CINNI blockchain continues to grow very quickly. As usage increases, this will only increase over time.
Depending on your OS you may want to check to see which other programs are running in the background and disable them for a faster sync. If you are running an older computer or on a slow internet connection it will take quite some time.
One option would be to download the (most current version) of the blockchain. In this thread there appears to be one person who is kind enough to update it regularly.
https://bitcointalksearch.org/topic/m.8138966
Of course always be cautious about downloading anything from sources you do not trust completely.
In the long run, this will will make it harder to attract new users (who do not have ample hard drive space/fast internet access) to stake their CINNI coins instead of holding them in an online exchange (too much centralization is not healthy for any PoS coin). This is not a CINNI problem. It is a problem for all coins that have large blockchains. Something like Electrum (for bitcoin) could be very beneficial for many coins, but is not easy to implement (and has never been done as far as I know for any PoS coin).
For staking I am not yet convinced there is a problem (in the long run). All wallets compete for staking and sometimes a stake will fail to be confirmed by the network because of this competition. Over time, this variance will balance out. Yes larger wallets have a higher "network weight" and smaller wallets may take longer to confirm a stake but over the course of a year everyone should get about 3.5% interest (assuming everyone is staking).
Min stake age is 3 days and max stake age is 100 days. If anyone has an address they have been staking (with all coins within this age parameters) for several months with interest varying widely from 3.5% please let me know. I believe that given more time all addresses (properly staking) will approach that interest rate over time. Receiving a stake in you wallet that is not confirmed is NOT a problem. Your interest will balance out over time based on your confirmed stakes not your unconfirmed stakes.
I have asked a friend to help me with anon transaction implementation using the EM protocol described in the CINNI whitepaper:
http://www.mediafire.com/download/49w5yo2cy7my4xr/Cinni+Anonymous+Transfer.pdf
In theory it sounds fairly simple to implement, but I can assure you that it is more difficult (to implement properly in a trustless, secure manner).
For example, precautions need to be made to make sure one node cannot maliciously alter code to accept CINNI, but then not send it to the next node as instructed in the EM. There will be a time delay for change transactions (for further obfuscation) where we need to make sure that nothing during that time delay can be done that would prevent the change being later sent to the correct change address.
Our EM platform is secure. We need to make sure our anon platform is secure as well. Expect 1.5 to 2 weeks (estimate not hard deadline) before anon transactions are ready for beta testing. Alpha testing for various security issues will come before that on testnet.
Yes I agree the block time is too fast.
1 minute would be better than 15 seconds. I can change it in the next wallet update.
Thats great to hear that you want to implement anon.
If you need my help with something you can pm me
August 02, 2014, 10:31:36 PM
Hello Cinni Community!!!
I have a proposition to the Cinni community and would like some feedback please!!
I've been vested in Cinni for some time now, LOL 4 months!! I unfortunately was not able to get in on the PoW phase of Cinni, but have multi-pooled Cinni and have spent my extra dollars purchasing off the
exchanges to help support it. Am I Cinni rich? NO! But I do love this coin. I also believe Cinni has one of the best PoS wallets in town. Cinni has some of the best community members in town (minus the FUD'ers!!)!!!
But let's be honest. This coin has slide down the slippery slop that needs to stop!!
Long story short, I've PM'd Cinnicoin about letting me "step in" to help lead this project and try to get it back on track. He had responded back to me with reservation, but he also hasn't said no!
Now of course I did lay out all my cards on the table!!
Basically I told him that I would like to take control of many things. Not to rip apart anything away from him or the community, but to be able to control and redirect this coins projected path.
This coin needs help in the management department and I'm willing to step in and help out.
Let me give you my story on how I view this coins current state is...
Imagine you are the owner of a fairly well known, busy restaurant. You've been open for 4 months and during the first 2 months business went off the charts!! And during those first few months things we're humming along like clock work. The staff is taking the customers orders quickly and efficiently. The kitchen is cooking the food fast and fresh. All the customers are just ecstatic with how great the food and service has been! It's an owners dream! Business is great, employees are basically running it on auto pilot. Then you as the business owner decide to be less "hands on". You make this decision knowing you must spend valuable time to focus on more marketing, book keeping, inventory, scouting the town for new locations , etc etc.
Then, out of nowhere another restaurant opens up down the street. Your employees hear the news of this. Your employees learn about how this new restaurant is paying over 50% more in salaries for the exact same job you've hired them for!!
So now, unannounced to you, you have employees leaving you...one after the other!
BUT, your customers haven't!!
They've all decide to hang in there and keep coming back to eat at your place! Just because of how great your hospitality has been!!
Your customers not only LOVE the history of your restaurant, but more importantly... they enjoy the sense of comfort, relaxation and enjoyment you've given them every time they have visited!!
They've never had a bad meal or experience at your restaurant!!
Now.... in the meantime... with dwindling employees working for you, you've decided to put back on your apron and revert back to being a more "hands on" owner; just to keep up with the demanding orders.
As more time passes by, you now find yourself working in the restaurant all by yourself...again!! Just like when you first opened (ahhh...the good'ole days!).
You're just trying to keep up demand by seating guests, taking their orders, getting their drinks. cooking their meals, cleaning their dishes, taking their check, processing their credit card and return it to them promptly so they can leave just in time to get back to work... all the while trying to keep a smile on your face!! You can't let them sense your apprehension and denial. You must have those customers feel at ease before they leave out those doors. Because inside you have this fear you'll never see them again due to your restaurants obvious disarray!
You can't seem to make the restaurant work efficiently anymore. You know you need to hire more employees...but you can't find the time or resources to make that happen. What do you do? You know bills need paid and food to be made!! So you slap your face!!! Get back to work and feel you don't have time to look for new employees, you must keep the money flowing via the next food order!!
Now... did I mention that when you first opened your restaurant you started with only 3 tables?!!! And because of the early success, in 2 weeks time you had grown your restaurant to house over 100 tables!!!
Can you imagine... trying to run a restaurant (or any business) all by yourself after building it up like that, with that much volume?!! One man run can't run and operate a 100 table restaurant!!
I myself would be WORE out, tired, grumpy, non energetic, non sociable, and have just an out right "effe it" attitude!!!
Can anyone sense the irony of this story? Does anyone relate to it?
Does this seem strangely similar to alt-coins? Similar to Cinni?
So... I would ask yourselves. Are you the Owner, Employee, or the Customer???
My answer would be the Customer.
But what makes me different than the other customers in this world? I'm the customer that would get up from my table and ask the owner to let me step in and run the restaurant.
Since I've been visiting the restaurant from day one, I've seen the potential of what the restaurant was, is, and can be.
I would have a clearer vision and approach of whats needed to work, and what might not work. I would be able to look for new employees and work out incentives. By doing so, the restaurant would have a much better chance to survive and profit.
If not, then the owner will have his face buried in orders just trying to keep up, and not providing acceptable customer service. It could become a vicious circle with no returning customers!!
Now that I've got all that out LOL!!!
I'm hoping to get graces from this great Cinni coin community to allow me the opportunity to lead this project forward and step in!!
I think we as a community should vote for a "Board of Directors" to make some tough decisions for this coin, and I would like to be top on that list!
I have some great ideas and visions for CINNI that I can implement to forge a clear path and keep things on track.
And just to be clear... I"M NOT A DEVELOPER!!!
But I am a Developer in the "Real World"
Ok.... now please insert your criticism here!!!
I have a proposition to the Cinni community and would like some feedback please!!
I've been vested in Cinni for some time now, LOL 4 months!! I unfortunately was not able to get in on the PoW phase of Cinni, but have multi-pooled Cinni and have spent my extra dollars purchasing off the
exchanges to help support it. Am I Cinni rich? NO! But I do love this coin. I also believe Cinni has one of the best PoS wallets in town. Cinni has some of the best community members in town (minus the FUD'ers!!)!!!
But let's be honest. This coin has slide down the slippery slop that needs to stop!!
Long story short, I've PM'd Cinnicoin about letting me "step in" to help lead this project and try to get it back on track. He had responded back to me with reservation, but he also hasn't said no!
Now of course I did lay out all my cards on the table!!
Basically I told him that I would like to take control of many things. Not to rip apart anything away from him or the community, but to be able to control and redirect this coins projected path.
This coin needs help in the management department and I'm willing to step in and help out.
Let me give you my story on how I view this coins current state is...
Imagine you are the owner of a fairly well known, busy restaurant. You've been open for 4 months and during the first 2 months business went off the charts!! And during those first few months things we're humming along like clock work. The staff is taking the customers orders quickly and efficiently. The kitchen is cooking the food fast and fresh. All the customers are just ecstatic with how great the food and service has been! It's an owners dream! Business is great, employees are basically running it on auto pilot. Then you as the business owner decide to be less "hands on". You make this decision knowing you must spend valuable time to focus on more marketing, book keeping, inventory, scouting the town for new locations , etc etc.
Then, out of nowhere another restaurant opens up down the street. Your employees hear the news of this. Your employees learn about how this new restaurant is paying over 50% more in salaries for the exact same job you've hired them for!!
So now, unannounced to you, you have employees leaving you...one after the other!
BUT, your customers haven't!!
They've all decide to hang in there and keep coming back to eat at your place! Just because of how great your hospitality has been!!
Your customers not only LOVE the history of your restaurant, but more importantly... they enjoy the sense of comfort, relaxation and enjoyment you've given them every time they have visited!!
They've never had a bad meal or experience at your restaurant!!
Now.... in the meantime... with dwindling employees working for you, you've decided to put back on your apron and revert back to being a more "hands on" owner; just to keep up with the demanding orders.
As more time passes by, you now find yourself working in the restaurant all by yourself...again!! Just like when you first opened (ahhh...the good'ole days!).
You're just trying to keep up demand by seating guests, taking their orders, getting their drinks. cooking their meals, cleaning their dishes, taking their check, processing their credit card and return it to them promptly so they can leave just in time to get back to work... all the while trying to keep a smile on your face!! You can't let them sense your apprehension and denial. You must have those customers feel at ease before they leave out those doors. Because inside you have this fear you'll never see them again due to your restaurants obvious disarray!
You can't seem to make the restaurant work efficiently anymore. You know you need to hire more employees...but you can't find the time or resources to make that happen. What do you do? You know bills need paid and food to be made!! So you slap your face!!! Get back to work and feel you don't have time to look for new employees, you must keep the money flowing via the next food order!!
Now... did I mention that when you first opened your restaurant you started with only 3 tables?!!! And because of the early success, in 2 weeks time you had grown your restaurant to house over 100 tables!!!
Can you imagine... trying to run a restaurant (or any business) all by yourself after building it up like that, with that much volume?!! One man run can't run and operate a 100 table restaurant!!
I myself would be WORE out, tired, grumpy, non energetic, non sociable, and have just an out right "effe it" attitude!!!
Can anyone sense the irony of this story? Does anyone relate to it?
Does this seem strangely similar to alt-coins? Similar to Cinni?
So... I would ask yourselves. Are you the Owner, Employee, or the Customer???
My answer would be the Customer.
But what makes me different than the other customers in this world? I'm the customer that would get up from my table and ask the owner to let me step in and run the restaurant.
Since I've been visiting the restaurant from day one, I've seen the potential of what the restaurant was, is, and can be.
I would have a clearer vision and approach of whats needed to work, and what might not work. I would be able to look for new employees and work out incentives. By doing so, the restaurant would have a much better chance to survive and profit.
If not, then the owner will have his face buried in orders just trying to keep up, and not providing acceptable customer service. It could become a vicious circle with no returning customers!!
Now that I've got all that out LOL!!!
I'm hoping to get graces from this great Cinni coin community to allow me the opportunity to lead this project forward and step in!!
I think we as a community should vote for a "Board of Directors" to make some tough decisions for this coin, and I would like to be top on that list!
I have some great ideas and visions for CINNI that I can implement to forge a clear path and keep things on track.
And just to be clear... I"M NOT A DEVELOPER!!!
But I am a Developer in the "Real World"
Ok.... now please insert your criticism here!!!
August 02, 2014, 09:42:01 PM
codecaffeine such a hero
August 02, 2014, 06:52:37 PM
Update:
I have not heard anything from rynomster yet (at this point the only contact info I have for him is his bitcointalk account where I sent him a private message).
I think I have an idea why some people keep having a syncing problem. If I am right it should be fairly easy to fix. Our wallet features are part of what makes CINNI so attractive so I want to make sure everything is working perfectly before moving on to new features. I will come back again by this weekend with another status update.
I have not heard anything from rynomster yet (at this point the only contact info I have for him is his bitcointalk account where I sent him a private message).
I think I have an idea why some people keep having a syncing problem. If I am right it should be fairly easy to fix. Our wallet features are part of what makes CINNI so attractive so I want to make sure everything is working perfectly before moving on to new features. I will come back again by this weekend with another status update.
Updates are really appreciated - didn't someone previously offer his email contact info?
I sent a PM to that person but he has not provided me with an email address for Rynomster (or any contact info) at this time. Therefore I will proceed without him.
In terms of the syncing and staking issues I cannot find an error in the code itself.
For syncing new wallets one big issue is the blockchain size. While 15 second block times are great for merchants/consumers seeking quick confirmations, the CINNI blockchain continues to grow very quickly. As usage increases, this will only increase over time.
Depending on your OS you may want to check to see which other programs are running in the background and disable them for a faster sync. If you are running an older computer or on a slow internet connection it will take quite some time.
One option would be to download the (most current version) of the blockchain (from a trusted source). In this thread there appears to be one person who is kind enough to update it regularly.
In the long run, this will will make it harder to attract new users (who do not have ample hard drive space/fast internet access) to stake their CINNI coins instead of holding them in an online exchange (too much centralization is not healthy for any PoS coin). This is not a CINNI problem. It is a problem for all coins that have large blockchains. Something like Electrum (for bitcoin) could be very beneficial for many coins, but is not easy to implement (and has never been done as far as I know for any PoS coin).
For staking I am not yet convinced there is a problem (in the long run). All wallets compete for staking and sometimes a stake will fail to be confirmed by the network because of this competition. Over time, this variance will balance out. Yes larger wallets have a higher "network weight" and smaller wallets may take longer to confirm a stake but over the course of a year everyone should get about 3.5% interest (assuming everyone is staking).
Min stake age is 3 days and max stake age is 100 days. If anyone has an address they have been staking (with all coins within this age parameters) for several months with interest varying widely from 3.5% please let me know. I believe that given more time all addresses (properly staking) will approach that interest rate over time. Receiving a stake in you wallet that is not confirmed is NOT a problem. Your interest will balance out over time based on your confirmed stakes not your unconfirmed stakes.
I have asked a friend to help me with anon transaction implementation using the EM protocol described in the CINNI whitepaper:
http://www.mediafire.com/download/49w5yo2cy7my4xr/Cinni+Anonymous+Transfer.pdf
In theory it sounds fairly simple to implement, but I can assure you that it is more difficult (to implement properly in a trustless, secure manner).
For example, precautions need to be made to make sure one node cannot maliciously alter code to accept CINNI, but then not send it to the next node as instructed in the EM. There will be a time delay for change transactions (for further obfuscation) where we need to make sure that nothing during that time delay can be done that would prevent the change being later sent to the correct change address.
Our EM platform is secure. We need to make sure our anon platform is secure as well. Expect 1.5 to 2 weeks (estimate not hard deadline) before anon transactions are ready for beta testing. Alpha testing for various security issues will come before that on testnet.
I'm really really starting to like you.
+1 If you need alpha/beta tester count me
August 02, 2014, 05:23:10 PM
Update:
I have not heard anything from rynomster yet (at this point the only contact info I have for him is his bitcointalk account where I sent him a private message).
I think I have an idea why some people keep having a syncing problem. If I am right it should be fairly easy to fix. Our wallet features are part of what makes CINNI so attractive so I want to make sure everything is working perfectly before moving on to new features. I will come back again by this weekend with another status update.
I have not heard anything from rynomster yet (at this point the only contact info I have for him is his bitcointalk account where I sent him a private message).
I think I have an idea why some people keep having a syncing problem. If I am right it should be fairly easy to fix. Our wallet features are part of what makes CINNI so attractive so I want to make sure everything is working perfectly before moving on to new features. I will come back again by this weekend with another status update.
Updates are really appreciated - didn't someone previously offer his email contact info?
I sent a PM to that person but he has not provided me with an email address for Rynomster (or any contact info) at this time. Therefore I will proceed without him.
In terms of the syncing and staking issues I cannot find an error in the code itself.
For syncing new wallets one big issue is the blockchain size. While 15 second block times are great for merchants/consumers seeking quick confirmations, the CINNI blockchain continues to grow very quickly. As usage increases, this will only increase over time.
Depending on your OS you may want to check to see which other programs are running in the background and disable them for a faster sync. If you are running an older computer or on a slow internet connection it will take quite some time.
One option would be to download the (most current version) of the blockchain (from a trusted source). In this thread there appears to be one person who is kind enough to update it regularly.
In the long run, this will will make it harder to attract new users (who do not have ample hard drive space/fast internet access) to stake their CINNI coins instead of holding them in an online exchange (too much centralization is not healthy for any PoS coin). This is not a CINNI problem. It is a problem for all coins that have large blockchains. Something like Electrum (for bitcoin) could be very beneficial for many coins, but is not easy to implement (and has never been done as far as I know for any PoS coin).
For staking I am not yet convinced there is a problem (in the long run). All wallets compete for staking and sometimes a stake will fail to be confirmed by the network because of this competition. Over time, this variance will balance out. Yes larger wallets have a higher "network weight" and smaller wallets may take longer to confirm a stake but over the course of a year everyone should get about 3.5% interest (assuming everyone is staking).
Min stake age is 3 days and max stake age is 100 days. If anyone has an address they have been staking (with all coins within this age parameters) for several months with interest varying widely from 3.5% please let me know. I believe that given more time all addresses (properly staking) will approach that interest rate over time. Receiving a stake in you wallet that is not confirmed is NOT a problem. Your interest will balance out over time based on your confirmed stakes not your unconfirmed stakes.
I have asked a friend to help me with anon transaction implementation using the EM protocol described in the CINNI whitepaper:
http://www.mediafire.com/download/49w5yo2cy7my4xr/Cinni+Anonymous+Transfer.pdf
In theory it sounds fairly simple to implement, but I can assure you that it is more difficult (to implement properly in a trustless, secure manner).
For example, precautions need to be made to make sure one node cannot maliciously alter code to accept CINNI, but then not send it to the next node as instructed in the EM. There will be a time delay for change transactions (for further obfuscation) where we need to make sure that nothing during that time delay can be done that would prevent the change being later sent to the correct change address.
Our EM platform is secure. We need to make sure our anon platform is secure as well. Expect 1.5 to 2 weeks (estimate not hard deadline) before anon transactions are ready for beta testing. Alpha testing for various security issues will come before that on testnet.
I'm really really starting to like you.
August 02, 2014, 04:25:30 PM
Please vote in the logo competition.
The competition will end really soon.
https://bitcointalksearch.org/topic/cinni-cinni-logo-competition-voting-thread-707843
The competition will end really soon.
https://bitcointalksearch.org/topic/cinni-cinni-logo-competition-voting-thread-707843
Come on brothers and sisters
Let's vote for new logo !!!
That is not just new logo that is vote for NEW BEGINNING and reborn of Cinnicoin.
August 02, 2014, 03:53:26 PM
Please vote in the logo competition.
The competition will end really soon.
https://bitcointalksearch.org/topic/cinni-cinni-logo-competition-voting-thread-707843
The competition will end really soon.
https://bitcointalksearch.org/topic/cinni-cinni-logo-competition-voting-thread-707843
August 02, 2014, 03:52:08 PM
I'm awaiting his response.
Replied August 02, 2014, 01:10:39 PM
I'm awaiting his response.
August 02, 2014, 02:04:47 AM
Well, I had PM'd Cinnicoin with a proposal.
He did respond back to me which I appreciated. I sent him a follow up PM and I'm waiting for his response.
He did respond back to me which I appreciated. I sent him a follow up PM and I'm waiting for his response.
Care to share the details? Or are you waiting his next response?
August 02, 2014, 12:23:11 AM
Well, I had PM'd Cinnicoin with a proposal.
He did respond back to me which I appreciated. I sent him a follow up PM and I'm waiting for his response.
He did respond back to me which I appreciated. I sent him a follow up PM and I'm waiting for his response.
August 01, 2014, 11:58:54 PM
Very quiet in here guys!
I posted an announcement... waiting for replies...
Thanks Schild! Let's hope someone is available soon
August 01, 2014, 10:48:03 PM
Can anyone inform me about current state of the development of this coin? Is there anyone working on this coin or are we just hoping that someday someone will work on it?
August 01, 2014, 07:50:08 PM
Very quiet in here guys!
everybody busy buying cheap coins
Really? At 0.04BTC Volume? :p
August 01, 2014, 06:19:36 PM
Very quiet in here guys!
everybody busy buying cheap coins
August 01, 2014, 01:59:29 PM
Very quiet in here guys!
I posted an announcement... waiting for replies...
Great fingers crossed
August 01, 2014, 01:36:25 PM
Very quiet in here guys!
I posted an announcement... waiting for replies...
August 01, 2014, 01:27:12 PM
Very quiet in here guys!
August 01, 2014, 11:52:14 AM
Cinni blockchain updated bootstrap.dat file at
Block 494670 Aug 1, 2014 16:27:35 UTC
https://www.dropbox.com/s/esyow0lof09b5wp/bootstrap.dat
or simply bootstrap.cinniblock.com
Block 494670 Aug 1, 2014 16:27:35 UTC
https://www.dropbox.com/s/esyow0lof09b5wp/bootstrap.dat
or simply bootstrap.cinniblock.com
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