Topic: [ANN] ★★ EBT Coin - Entropybit 100% PoS - Multipool - Bugfix version 4.0.3! ★★ - page 17. (Read 131696 times)

 i just see not much people taking interest there Doesn't seem like a lot of people are jumping in... We'll see whether this takes off.  

The high CPU usage you see when opening the wallet is most likely a result of loading and validating the block index. High CPU and memory usage is also expected when synchronizing the chain because each block must be validated by re-calculating the block hash and Merkle tree. These activities take considerable resources. Remember that this data structure was originally calculated by GPUs over the course of months.

Bear in mind that it takes 1 to 2 weeks to sync a BTC wallet from the genesis block. EBT may take 6 to 8 hours, which is very fast by comparison.

Synchronization may be faster (3-4 hours) with better connected nodes (nodes that have a dedicated IP, lots of peers, a public open port 3133, and fast internet speeds). In such cases, the CPU usage will be very high because synchronization speed is dependent largely on the computational burden of validating blocks.

For EBT, also expect high memory usage during and after synchronization. The block index is 180 MB and the block database is 166 MB. These large sizes are a consequence of the short block times (30 seconds). Short block times produce fast transactions and confirmations but the tradeoff is that they require computational resources to maintain. In return for expending these resources, EBT holders are awarded PoS interest if they keep their wallets open for minting.

We have tested the 4.0.1.4 wallets thoroughly and all resource usage has appeared normal. Several clients on both Mac and Windows have synchronized reasonably fast and with complete success. If your synchronization hangs for more than an hour, please delete your peers.dat and try the following nodes in your EBT.conf file:


If the synchronization still hangs (after the splash screen), you may have to resync the full chain.

You can also speed up synchronization by adding the following line into your EBT.conf file:


This prevents the stake minting thread from starting. Once synchronized, you can quit the client, remove the line from EBT.conf, and restart the client. The block index will take from 2 minutes to 1 hour to load depending on your system. Expect high CPU and memory usage during this time.

Thanks for mining on gagapool, currently we are still fixing some bugs. In the coming days there will be maintanance with down time of 15min. I will announce it and make sure your miners reconnect after that.

It finally opened after close to an hour.  Will close it tonight after work and try again to check the open time.

Status: 351 confirmations
Date: 6/12/2014 05:43
From: unknown
To: 5oXQV43Tyd8t43V2SC2XFnZ5RZtzgK82yi (own address, label: GaGa Pool)
Credit: 5163.95047 EBT
Net amount: +5163.95047 EBT
Transaction ID: f545e5c654060950c6db70e75efd33807549a23a87269c3e2b4d2a42ab1f23fa

In case anyone else wants to earn EBT from PoW mining...

Hashing now for EBT at gagapool.pw!

EBT is being re-branded as Entropybit, keeping EBT as the ticker symbol. The blockchain has not changed, so they are the same coin. However, changes are coming starting with how staking works.

Stay tuned.

If you have a lot of mature coins, the CPU usage might be from staking coins. That will hang your computer. You wouldn't have been able to stake with 4.0.1.2 and 4.0.1.3.

If you believe that staking is not causing the sluggish behavior, please

• Stop your 4.0.1.4 client
• Dete the debug.log file in your roaming folder
• Restart your client and wait a while
• Paste the contents of your log file or PM us with a private link (google drive) if you'd like to keep the log private

Same here

any news about the old coin

4.0.1.2 and 4.0.1.3 seemed to be working fine.  I installed 4.0.1.4 and it just hangs, puts the cpu's at 100%.  Tried rebooting and restarting, so far I haven't been able to get it to open.

Any suggestions for 4.0.1.4?

If you have already upgraded to 4.0.1, please update to the latest builds (4.0.1.4). Some users have reported problems synchronizing with the previous build.

If you built from sources, you will need to pull the latest changes or clone the repository and build again.

The fixed versions are linked below. All other links have been updated.

Again, we apologize to those affected by this issue.

---

Source: https://github.com/CoinWhisperer/EBT

Windows Binaries:
Auto Install: https://drive.google.com/file/d/0BwGL9FkcBurEZ09kSUdLUllYRU0/edit?usp=sharing
Virus Total http://tinyurl.com/mwporgx (0/54)

Manual Install: https://drive.google.com/file/d/0BwGL9FkcBurEeVBITE1zbm5wekk/edit?usp=sharing
Virus Total http://tinyurl.com/ncyyz7k (0/54)


OSX Wallet:
Disk Image: https://drive.google.com/file/d/0B8rWObF4xz1YZmlFYjhjMFlXenM/edit?usp=sharing
Virus Total http://tinyurl.com/o93wl4l (0/54)

right on

If you have already upgraded to 4.0.1, please update to the latest builds (4.0.1.4). The previous builds had a very subtle bug in the form of a hidden non-ASCII character that caused peer messaging to be corrupted, slowly causing peers to disconnect.

If you built from sources, you will need to clone the latest repository and build again.

The fixed versions are linked below. All other links have been updated.

We apologize for this inconvenience.

---

Source: https://github.com/CoinWhisperer/EBT

Windows Binaries:
Auto Install: https://drive.google.com/file/d/0BwGL9FkcBurEZ09kSUdLUllYRU0/edit?usp=sharing
Virus Total http://tinyurl.com/mwporgx (0/54)

Manual Install: https://drive.google.com/file/d/0BwGL9FkcBurEeVBITE1zbm5wekk/edit?usp=sharing
Virus Total http://tinyurl.com/ncyyz7k (0/54)


OSX Wallet:
Disk Image: https://drive.google.com/file/d/0B8rWObF4xz1YZmlFYjhjMFlXenM/edit?usp=sharing
Virus Total http://tinyurl.com/o93wl4l (0/54)

No. 100% APR means 100% annual percentage rate, which is the percent per year.

But the 100% APR is an instantaneous APR on June 30 at midnight GMT. At that time a minimum interest rate will begin to take effect, and over 2 years the minimum will decrease to 1%. This will reward early adopters.

Terminology

• APR: Annual Percentage Rate, Interest Rate per Year
• Coin Age: A product of an input's age times how many coins the input represents
• Maturity: The number of hours an input must age before it is eligible to stake
• Full Weight: The number of hours required for an input to achieve it's maximum potential for minting a block
• Age Limit: The time a coin stops aging. Having an age limit caps the returns and encourages holders to keep their wallets open so that their coins will stake and mint as fast as possible.

EBT is being delisted from EuropEX.  Low volume.

Hm. 30 June volume of all coins will double? 300M coins? Three days after doubles again? 600?

Keep in mind the the pool is still in beta and it's complex to do 2 payment coins, and please join #gagapool@freenode.

There hasn't been any unusual activity on the network. Very recent tests with the new wallet have been fine.

You might just have some coin tied up in stake that isn't reflected in your wallet yet.

EDIT:

Another explanation is that you were mining with an old wallet past block 310,000. We identified a cluster of nodes PoW mining their own chain after block 310,000 (the PoS switchover). If you mined on that chain and then upgraded the client but kept the same wallet.dat, you would see your mining transactions disappear.

All exchanges were using the latest source code as of block 310,000.

The EBT team is proud to announce a transformation into Entropybit Cryptocurrency!

Entropybit Cryptocurrency (EBT) will be the parent asset of a family of distributed assets. These assets and their relationship to Entropybit will be described in detail in announcements this coming week.

To mark this transformation, Entropybit Cryptocurrency will have a new staking model beginning June 30, 2014. The staking model is designed to reward early adopters (investors who have held EBT) and to encourage network stability. To reward early adopters, the maximum Proof-of-Stake (PoS) annual return (APR) will be 100% but the minimum APR will smoothly drop from 100% on June 30, 2014 to 1% on June 30, 2016. The APR will be dependent on difficulty such that a greater number of stakeholders will result in a lower interest rate.

It will be necessary to upgrade to wallet version 4.0.1 to receive the 100% maximum APR once it goes into effect. Upgrade ASAP!! Links are below and on the OP.

To encourage network stability, coins will be eligible for staking after 24 hours and will be fully mature after 72 hours (3 days). Coins will stop aging after 4.5 days. These short times are designed to encourage open wallets and thus stabilize the network.

Entropybit Staking in a Nutshell

• On June 30, 2014, PoS will have a maximum APR of 100% (increased from 5%).
• On June 30, 2014, the minumum PoS APR will be 100%.
• After 2 years, the minimum APR will be 1%.
• The APR will vary according to minting difficulty, with greater difficulty resulting in a lower interest rate.
• Coins will be eligible to stake at 24 hours.
• Coins will have their maximum weight (related to the ease of finding a block) at 72 hours
• Coins will stop aging at 4.5 days (60 hours - more age results in a higher block reward).

---

Source: https://github.com/CoinWhisperer/EBT

Windows Binaries:
Auto Install: https://drive.google.com/file/d/0BwGL9FkcBurEZ09kSUdLUllYRU0/edit?usp=sharing
Virus Total http://tinyurl.com/mwporgx (0/54)

Manual Install: https://drive.google.com/file/d/0BwGL9FkcBurEeVBITE1zbm5wekk/edit?usp=sharing
Virus Total http://tinyurl.com/ncyyz7k (0/54)


OSX Wallet:
Disk Image: https://drive.google.com/file/d/0B8rWObF4xz1YZmlFYjhjMFlXenM/edit?usp=sharing
Virus Total http://tinyurl.com/o93wl4l (0/54)