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Topic: ⚡[ANN]⚡ ▐░Espers [ESP]░▌▐░PoW/PoS░▌▐░HMQ1725 Algo░▌ ▐░New Features░▌ - page 18. (Read 924040 times)

legendary
Activity: 1246
Merit: 1024
I don't understand what you mean by closing the session with telnet, but I can ping the IPs just fine. I get back responses from them. My wallet used to connect and I earned lots of coins and then it stopped a few weeks ago and never connected again. Sucks because like this I cannot move all the coins I have. I have tried on two computers and get the same result. Do not understand what is going on.

Sorry I have not followed the discussion closely, you can try the following things:

  • Make sure you are using the newest version of the wallet
  • Install the wallet software on a PC that you have not installed the wallet on before, or alternatively delete peers.dat in the data directory
  • Try using a VPN for the case that your internet provider is blocking connections or alternatively try out a different network (e.g. by going to a friend or family member who has a different internet provider)
  • Disable any antivirus software or desktop firewall which might be blocking connections

I did all this. I have the newest version of the wallet. I have installed it on a PC at work as well as two PCs at home. Clean install on one at work and one clean install at home. I have tried Tunnel Bear VPN with no joy and at my work it is a completely different ISP. I have checked the firewall and it is not blocking connections.

The wallet is occasionally connecting to one peer but it will disconnect after a short time. During the past three days it connected two days for a short time and I actually earned some coins but would be better if the wallet would stay connected all the time and to connect to more than one peer. I have used several peer lists I have found (and one posted here) and it makes no difference.

A simple test will be this ...

Get yourself a 'trial' or test VPS somewhere, or even a cheap one somewhere (like Digital Ocean - where we have a lot of ours) and follow the same procedures on that VPS. ISP like Digital Ocean do not have the restrictions that most home ISP have or are forced to have.

Follow the instructions to setup the VPS. Install the wallet (or compile if using linux of any flavour) and start the daemon there. Watch what happens.

If the SAME issues exist there, then you will need to look further into the issue.
If the issue has disappeared, then your local installation is the problem and will more than likely be the ISP itself for any reason.

Windows is the WORST OS to use for staking or MN in these sorts of cases due to the rubbish that comes with a standard OS like Windows. Which is why AntiVirus/AntiMalWare has always been big business. If you know ANYTHING about linux (we use Fedora but most use Ubuntu, though you can use almost any flavour of linux), then learn how to install and use that OS instead. It is a steep learning curve for those that don't know it, but is a far safer method of initiating a wallet like ESP for staking or anything else for that matter.

We will have a test of this when we get time, and it will be under CentOS 7 x64 if we can get it compiled in that linux distro, but that won't happen until we have the time. When we had our pool (http://citrine.chainworksindustries.com) running, the daemon/wallet was compiled under Debian and worked with only a few nodes added to start it. We had not tried the latest code though, so I cannot speak about the latest version.

#crysx

I will try Digital Ocean but I suspect the reason is due to being in Thailand. For some reason peers won't connect. I have tried on three different Thai ISPs all with the same result. Every few days the wallet will connect to one peer only for a short while and disconnect. I would say it is only connected less than one hour every three days or so.
legendary
Activity: 2912
Merit: 1091
--- ChainWorks Industries ---
I don't understand what you mean by closing the session with telnet, but I can ping the IPs just fine. I get back responses from them. My wallet used to connect and I earned lots of coins and then it stopped a few weeks ago and never connected again. Sucks because like this I cannot move all the coins I have. I have tried on two computers and get the same result. Do not understand what is going on.

Sorry I have not followed the discussion closely, you can try the following things:

  • Make sure you are using the newest version of the wallet
  • Install the wallet software on a PC that you have not installed the wallet on before, or alternatively delete peers.dat in the data directory
  • Try using a VPN for the case that your internet provider is blocking connections or alternatively try out a different network (e.g. by going to a friend or family member who has a different internet provider)
  • Disable any antivirus software or desktop firewall which might be blocking connections

I did all this. I have the newest version of the wallet. I have installed it on a PC at work as well as two PCs at home. Clean install on one at work and one clean install at home. I have tried Tunnel Bear VPN with no joy and at my work it is a completely different ISP. I have checked the firewall and it is not blocking connections.

The wallet is occasionally connecting to one peer but it will disconnect after a short time. During the past three days it connected two days for a short time and I actually earned some coins but would be better if the wallet would stay connected all the time and to connect to more than one peer. I have used several peer lists I have found (and one posted here) and it makes no difference.

A simple test will be this ...

Get yourself a 'trial' or test VPS somewhere, or even a cheap one somewhere (like Digital Ocean - where we have a lot of ours) and follow the same procedures on that VPS. ISP like Digital Ocean do not have the restrictions that most home ISP have or are forced to have.

Follow the instructions to setup the VPS. Install the wallet (or compile if using linux of any flavour) and start the daemon there. Watch what happens.

If the SAME issues exist there, then you will need to look further into the issue.
If the issue has disappeared, then your local installation is the problem and will more than likely be the ISP itself for any reason.

Windows is the WORST OS to use for staking or MN in these sorts of cases due to the rubbish that comes with a standard OS like Windows. Which is why AntiVirus/AntiMalWare has always been big business. If you know ANYTHING about linux (we use Fedora but most use Ubuntu, though you can use almost any flavour of linux), then learn how to install and use that OS instead. It is a steep learning curve for those that don't know it, but is a far safer method of initiating a wallet like ESP for staking or anything else for that matter.

We will have a test of this when we get time, and it will be under CentOS 7 x64 if we can get it compiled in that linux distro, but that won't happen until we have the time. When we had our pool (http://citrine.chainworksindustries.com) running, the daemon/wallet was compiled under Debian and worked with only a few nodes added to start it. We had not tried the latest code though, so I cannot speak about the latest version.

#crysx
legendary
Activity: 1246
Merit: 1024
I don't understand what you mean by closing the session with telnet, but I can ping the IPs just fine. I get back responses from them. My wallet used to connect and I earned lots of coins and then it stopped a few weeks ago and never connected again. Sucks because like this I cannot move all the coins I have. I have tried on two computers and get the same result. Do not understand what is going on.

Sorry I have not followed the discussion closely, you can try the following things:

  • Make sure you are using the newest version of the wallet
  • Install the wallet software on a PC that you have not installed the wallet on before, or alternatively delete peers.dat in the data directory
  • Try using a VPN for the case that your internet provider is blocking connections or alternatively try out a different network (e.g. by going to a friend or family member who has a different internet provider)
  • Disable any antivirus software or desktop firewall which might be blocking connections

I did all this. I have the newest version of the wallet. I have installed it on a PC at work as well as two PCs at home. Clean install on one at work and one clean install at home. I have tried Tunnel Bear VPN with no joy and at my work it is a completely different ISP. I have checked the firewall and it is not blocking connections.

The wallet is occasionally connecting to one peer but it will disconnect after a short time. During the past three days it connected two days for a short time and I actually earned some coins but would be better if the wallet would stay connected all the time and to connect to more than one peer. I have used several peer lists I have found (and one posted here) and it makes no difference.
hero member
Activity: 1330
Merit: 515
Coin Mage
I don't understand what you mean by closing the session with telnet, but I can ping the IPs just fine. I get back responses from them. My wallet used to connect and I earned lots of coins and then it stopped a few weeks ago and never connected again. Sucks because like this I cannot move all the coins I have. I have tried on two computers and get the same result. Do not understand what is going on.

Sorry I have not followed the discussion closely, you can try the following things:

  • Make sure you are using the newest version of the wallet
  • Install the wallet software on a PC that you have not installed the wallet on before, or alternatively delete peers.dat in the data directory
  • Try using a VPN for the case that your internet provider is blocking connections or alternatively try out a different network (e.g. by going to a friend or family member who has a different internet provider)
  • Disable any antivirus software or desktop firewall which might be blocking connections
sr. member
Activity: 1204
Merit: 252
Wallet will not connect to any peers. It is latest wallet update. What is going on. I have added peers but still no connections.

My wallet works fine. If you have  problems with wallet then use https://blog.espers.io/using-the-snapshot-d8eb6d1cb3f6

Not a problem with the data. It stopped connecting to peers.

You added these nodes?

https://espers.io/download/nodes/node-list.txt

Quote
addnode=144.76.78.141:22448
addnode=217.61.4.198:22448
addnode=212.237.32.138:22448
addnode=80.211.178.121:22448
addnode=81.202.164.230:22448
addnode=207.246.108.125:22448
addnode=193.31.25.111:22448
addnode=46.4.27.201:22448
addnode=194.67.221.52:22448
addnode=86.4.194.75:22448
addnode=108.61.175.156:22448
addnode=42.51.33.196:22448
addnode=149.56.154.75:22448
addnode=217.61.6.53:22448
addnode=194.182.65.33:22448
addnode=80.211.203.239:22448
addnode=194.87.235.171:22448
addnode=94.130.64.143:22448
addnode=110.169.49.26:22448
addnode=198.245.50.213:22448
addnode=92.125.140.58:22448
addnode=94.177.246.216:22448
addnode=159.89.114.40:22448
addnode=218.49.34.36:22448
addnode=80.211.27.133:22448
addnode=80.211.102.238:22448
addnode=80.211.102.142:22448

After letting the wallet run several hours with the new peers still no connection. Do not understand why the wallet will no longer connect to any peers.

It happened to me once, but it was with another coin, my firewall was blocking the access attempt of the wallet, but I put in the exception and connected quietly.

And just a suggestion, make sure the wallet is not being blocked by your firewall or anti-virus

Firewall was first thing I checked. Above suggestion did not help. Still not connecting to any peers. :-(

Have you tried to close connection using telnet? Is your service provider not blocking the specific ip?
Telnet on windows:
telnet 144.76.78.141 22448

And also try to ping the ips, see if it returns a package.


If it does not close the connection or can not ping then the problem is in the provider, because here I performed the tests and closed connection and can ping the ips.

I don't understand what you mean by closing the session with telnet, but I can ping the IPs just fine. I get back responses from them. My wallet used to connect and I earned lots of coins and then it stopped a few weeks ago and never connected again. Sucks because like this I cannot move all the coins I have. I have tried on two computers and get the same result. Do not understand what is going on.

Because the connection will be closed on the specific port: 22448 on which it is used to connect your wallet  .

If you check the nodes all connect on the same port: 22448.

So it's good to check if you can close the telnet connection.

This image below shows when a connection is closed, that is, by performing this test, I am sure it has communication between my host and the node.



Well, by performing these tests and succeeding, you can rule out connectivity problems. And the problem may be in the  wallet, have you tried using the webwallet?
on the Espers website: https://www.espers.io/ has the webwallet.
legendary
Activity: 1246
Merit: 1024
Wallet will not connect to any peers. It is latest wallet update. What is going on. I have added peers but still no connections.

My wallet works fine. If you have  problems with wallet then use https://blog.espers.io/using-the-snapshot-d8eb6d1cb3f6

Not a problem with the data. It stopped connecting to peers.

You added these nodes?

https://espers.io/download/nodes/node-list.txt

Quote
addnode=144.76.78.141:22448
addnode=217.61.4.198:22448
addnode=212.237.32.138:22448
addnode=80.211.178.121:22448
addnode=81.202.164.230:22448
addnode=207.246.108.125:22448
addnode=193.31.25.111:22448
addnode=46.4.27.201:22448
addnode=194.67.221.52:22448
addnode=86.4.194.75:22448
addnode=108.61.175.156:22448
addnode=42.51.33.196:22448
addnode=149.56.154.75:22448
addnode=217.61.6.53:22448
addnode=194.182.65.33:22448
addnode=80.211.203.239:22448
addnode=194.87.235.171:22448
addnode=94.130.64.143:22448
addnode=110.169.49.26:22448
addnode=198.245.50.213:22448
addnode=92.125.140.58:22448
addnode=94.177.246.216:22448
addnode=159.89.114.40:22448
addnode=218.49.34.36:22448
addnode=80.211.27.133:22448
addnode=80.211.102.238:22448
addnode=80.211.102.142:22448

After letting the wallet run several hours with the new peers still no connection. Do not understand why the wallet will no longer connect to any peers.

It happened to me once, but it was with another coin, my firewall was blocking the access attempt of the wallet, but I put in the exception and connected quietly.

And just a suggestion, make sure the wallet is not being blocked by your firewall or anti-virus

Firewall was first thing I checked. Above suggestion did not help. Still not connecting to any peers. :-(

Have you tried to close connection using telnet? Is your service provider not blocking the specific ip?
Telnet on windows:
telnet 144.76.78.141 22448

And also try to ping the ips, see if it returns a package.


If it does not close the connection or can not ping then the problem is in the provider, because here I performed the tests and closed connection and can ping the ips.

I don't understand what you mean by closing the session with telnet, but I can ping the IPs just fine. I get back responses from them. My wallet used to connect and I earned lots of coins and then it stopped a few weeks ago and never connected again. Sucks because like this I cannot move all the coins I have. I have tried on two computers and get the same result. Do not understand what is going on.
sr. member
Activity: 1204
Merit: 252
Wallet will not connect to any peers. It is latest wallet update. What is going on. I have added peers but still no connections.

My wallet works fine. If you have  problems with wallet then use https://blog.espers.io/using-the-snapshot-d8eb6d1cb3f6

Not a problem with the data. It stopped connecting to peers.

You added these nodes?

https://espers.io/download/nodes/node-list.txt

Quote
addnode=144.76.78.141:22448
addnode=217.61.4.198:22448
addnode=212.237.32.138:22448
addnode=80.211.178.121:22448
addnode=81.202.164.230:22448
addnode=207.246.108.125:22448
addnode=193.31.25.111:22448
addnode=46.4.27.201:22448
addnode=194.67.221.52:22448
addnode=86.4.194.75:22448
addnode=108.61.175.156:22448
addnode=42.51.33.196:22448
addnode=149.56.154.75:22448
addnode=217.61.6.53:22448
addnode=194.182.65.33:22448
addnode=80.211.203.239:22448
addnode=194.87.235.171:22448
addnode=94.130.64.143:22448
addnode=110.169.49.26:22448
addnode=198.245.50.213:22448
addnode=92.125.140.58:22448
addnode=94.177.246.216:22448
addnode=159.89.114.40:22448
addnode=218.49.34.36:22448
addnode=80.211.27.133:22448
addnode=80.211.102.238:22448
addnode=80.211.102.142:22448

After letting the wallet run several hours with the new peers still no connection. Do not understand why the wallet will no longer connect to any peers.

It happened to me once, but it was with another coin, my firewall was blocking the access attempt of the wallet, but I put in the exception and connected quietly.

And just a suggestion, make sure the wallet is not being blocked by your firewall or anti-virus

Firewall was first thing I checked. Above suggestion did not help. Still not connecting to any peers. :-(

Have you tried to close connection using telnet? Is your service provider not blocking the specific ip?
Telnet on windows:
telnet 144.76.78.141 22448

And also try to ping the ips, see if it returns a package.


If it does not close the connection or can not ping then the problem is in the provider, because here I performed the tests and closed connection and can ping the ips.
legendary
Activity: 1246
Merit: 1024
Wallet will not connect to any peers. It is latest wallet update. What is going on. I have added peers but still no connections.

My wallet works fine. If you have  problems with wallet then use https://blog.espers.io/using-the-snapshot-d8eb6d1cb3f6

Not a problem with the data. It stopped connecting to peers.

You added these nodes?

https://espers.io/download/nodes/node-list.txt

Quote
addnode=144.76.78.141:22448
addnode=217.61.4.198:22448
addnode=212.237.32.138:22448
addnode=80.211.178.121:22448
addnode=81.202.164.230:22448
addnode=207.246.108.125:22448
addnode=193.31.25.111:22448
addnode=46.4.27.201:22448
addnode=194.67.221.52:22448
addnode=86.4.194.75:22448
addnode=108.61.175.156:22448
addnode=42.51.33.196:22448
addnode=149.56.154.75:22448
addnode=217.61.6.53:22448
addnode=194.182.65.33:22448
addnode=80.211.203.239:22448
addnode=194.87.235.171:22448
addnode=94.130.64.143:22448
addnode=110.169.49.26:22448
addnode=198.245.50.213:22448
addnode=92.125.140.58:22448
addnode=94.177.246.216:22448
addnode=159.89.114.40:22448
addnode=218.49.34.36:22448
addnode=80.211.27.133:22448
addnode=80.211.102.238:22448
addnode=80.211.102.142:22448

After letting the wallet run several hours with the new peers still no connection. Do not understand why the wallet will no longer connect to any peers.

It happened to me once, but it was with another coin, my firewall was blocking the access attempt of the wallet, but I put in the exception and connected quietly.

And just a suggestion, make sure the wallet is not being blocked by your firewall or anti-virus

Firewall was first thing I checked. Above suggestion did not help. Still not connecting to any peers. :-(
sr. member
Activity: 1204
Merit: 252
Wallet will not connect to any peers. It is latest wallet update. What is going on. I have added peers but still no connections.

My wallet works fine. If you have  problems with wallet then use https://blog.espers.io/using-the-snapshot-d8eb6d1cb3f6

Not a problem with the data. It stopped connecting to peers.

You added these nodes?

https://espers.io/download/nodes/node-list.txt

Quote
addnode=144.76.78.141:22448
addnode=217.61.4.198:22448
addnode=212.237.32.138:22448
addnode=80.211.178.121:22448
addnode=81.202.164.230:22448
addnode=207.246.108.125:22448
addnode=193.31.25.111:22448
addnode=46.4.27.201:22448
addnode=194.67.221.52:22448
addnode=86.4.194.75:22448
addnode=108.61.175.156:22448
addnode=42.51.33.196:22448
addnode=149.56.154.75:22448
addnode=217.61.6.53:22448
addnode=194.182.65.33:22448
addnode=80.211.203.239:22448
addnode=194.87.235.171:22448
addnode=94.130.64.143:22448
addnode=110.169.49.26:22448
addnode=198.245.50.213:22448
addnode=92.125.140.58:22448
addnode=94.177.246.216:22448
addnode=159.89.114.40:22448
addnode=218.49.34.36:22448
addnode=80.211.27.133:22448
addnode=80.211.102.238:22448
addnode=80.211.102.142:22448

After letting the wallet run several hours with the new peers still no connection. Do not understand why the wallet will no longer connect to any peers.

It happened to me once, but it was with another coin, my firewall was blocking the access attempt of the wallet, but I put in the exception and connected quietly.

And just a suggestion, make sure the wallet is not being blocked by your firewall or anti-virus
full member
Activity: 800
Merit: 143
~

If with the new peers you can't sync your wallet try this:

Create a Schortcut of the Espers executable, go to it's Properties and on the Target field add to the end of the path '-conf=ESP.conf' (without quotes) where ESP.conf is the name of your .conf file.
The 'Target' path should look like this: C:\Users\NAME\AppData\Roaming\ESP\Espers.exe -conf=ESP.conf
After this run the shortcut.
legendary
Activity: 1246
Merit: 1024
Wallet will not connect to any peers. It is latest wallet update. What is going on. I have added peers but still no connections.

My wallet works fine. If you have  problems with wallet then use https://blog.espers.io/using-the-snapshot-d8eb6d1cb3f6

Not a problem with the data. It stopped connecting to peers.

You added these nodes?

https://espers.io/download/nodes/node-list.txt

Quote
addnode=144.76.78.141:22448
addnode=217.61.4.198:22448
addnode=212.237.32.138:22448
addnode=80.211.178.121:22448
addnode=81.202.164.230:22448
addnode=207.246.108.125:22448
addnode=193.31.25.111:22448
addnode=46.4.27.201:22448
addnode=194.67.221.52:22448
addnode=86.4.194.75:22448
addnode=108.61.175.156:22448
addnode=42.51.33.196:22448
addnode=149.56.154.75:22448
addnode=217.61.6.53:22448
addnode=194.182.65.33:22448
addnode=80.211.203.239:22448
addnode=194.87.235.171:22448
addnode=94.130.64.143:22448
addnode=110.169.49.26:22448
addnode=198.245.50.213:22448
addnode=92.125.140.58:22448
addnode=94.177.246.216:22448
addnode=159.89.114.40:22448
addnode=218.49.34.36:22448
addnode=80.211.27.133:22448
addnode=80.211.102.238:22448
addnode=80.211.102.142:22448

After letting the wallet run several hours with the new peers still no connection. Do not understand why the wallet will no longer connect to any peers.
legendary
Activity: 1246
Merit: 1024
Wallet will not connect to any peers. It is latest wallet update. What is going on. I have added peers but still no connections.

My wallet works fine. If you have  problems with wallet then use https://blog.espers.io/using-the-snapshot-d8eb6d1cb3f6

Not a problem with the data. It stopped connecting to peers.

You added these nodes?

https://espers.io/download/nodes/node-list.txt

Quote
addnode=144.76.78.141:22448
addnode=217.61.4.198:22448
addnode=212.237.32.138:22448
addnode=80.211.178.121:22448
addnode=81.202.164.230:22448
addnode=207.246.108.125:22448
addnode=193.31.25.111:22448
addnode=46.4.27.201:22448
addnode=194.67.221.52:22448
addnode=86.4.194.75:22448
addnode=108.61.175.156:22448
addnode=42.51.33.196:22448
addnode=149.56.154.75:22448
addnode=217.61.6.53:22448
addnode=194.182.65.33:22448
addnode=80.211.203.239:22448
addnode=194.87.235.171:22448
addnode=94.130.64.143:22448
addnode=110.169.49.26:22448
addnode=198.245.50.213:22448
addnode=92.125.140.58:22448
addnode=94.177.246.216:22448
addnode=159.89.114.40:22448
addnode=218.49.34.36:22448
addnode=80.211.27.133:22448
addnode=80.211.102.238:22448
addnode=80.211.102.142:22448

They are not in my peer list. I just added them and restarted the wallet. Hopefully it helps. Thank you.
Vin
legendary
Activity: 1166
Merit: 1015
Wallet will not connect to any peers. It is latest wallet update. What is going on. I have added peers but still no connections.

My wallet works fine. If you have  problems with wallet then use https://blog.espers.io/using-the-snapshot-d8eb6d1cb3f6

Not a problem with the data. It stopped connecting to peers.

You added these nodes?

https://espers.io/download/nodes/node-list.txt

Quote
addnode=144.76.78.141:22448
addnode=217.61.4.198:22448
addnode=212.237.32.138:22448
addnode=80.211.178.121:22448
addnode=81.202.164.230:22448
addnode=207.246.108.125:22448
addnode=193.31.25.111:22448
addnode=46.4.27.201:22448
addnode=194.67.221.52:22448
addnode=86.4.194.75:22448
addnode=108.61.175.156:22448
addnode=42.51.33.196:22448
addnode=149.56.154.75:22448
addnode=217.61.6.53:22448
addnode=194.182.65.33:22448
addnode=80.211.203.239:22448
addnode=194.87.235.171:22448
addnode=94.130.64.143:22448
addnode=110.169.49.26:22448
addnode=198.245.50.213:22448
addnode=92.125.140.58:22448
addnode=94.177.246.216:22448
addnode=159.89.114.40:22448
addnode=218.49.34.36:22448
addnode=80.211.27.133:22448
addnode=80.211.102.238:22448
addnode=80.211.102.142:22448
legendary
Activity: 1246
Merit: 1024
Wallet will not connect to any peers. It is latest wallet update. What is going on. I have added peers but still no connections.

My wallet works fine. If you have  problems with wallet then use https://blog.espers.io/using-the-snapshot-d8eb6d1cb3f6

Not a problem with the data. It stopped connecting to peers.
member
Activity: 204
Merit: 10
Websites on the chain
Wallet will not connect to any peers. It is latest wallet update. What is going on. I have added peers but still no connections.

My wallet works fine. If you have  problems with wallet then use https://blog.espers.io/using-the-snapshot-d8eb6d1cb3f6
legendary
Activity: 1246
Merit: 1024
Wallet will not connect to any peers. It is latest wallet update. What is going on. I have added peers but still no connections.
full member
Activity: 800
Merit: 143
Nothing new since 2018 Q1 is quite an overstatement wouldn't you think?

While you're at our GitHub I'd invite you to review the Espers codebase releases and the changelogs associated with them as you'll find your statement to be in error.

Sorry if I overstated that nothing new since Q1 2018, but this is what I see on your roadmap on the first page of the announcement and even on the official website.

Thank you for sharing your experience and I'd like to address some of the points made for a moment.

First point is the blocktime being ~5 minutes. The reason for this is there is no need for a rapid block generation. When users send coins they are available in ~3 blocks and fully confirmed by the network in 10-60 (this goes on behind the UI and is done for added security in case an invalid TX is found by the network). So your coins will be available for use to you within 15 minutes if not a little longer while they arrive and relay instantly. That being said the transaction time and such is something that we have been planning to adjust for some time now in the GUI side of things so that users don't think that they have to wait hours to use their coins.

Now about the second point which is the staking situation. We've addressed this quite extensively in Discord chats and such but it really hasn't been brought up here now that I think about it. Anyway what's going on is that PoS (any version) was not designed do properly handle such a large network weight and sheer amount of coins on the network. What's happening is that larger balances are receiving their 25% rewards however you with less in your holdings than the larger wallets are unable to obtain those numbers as they simply trump your network weight for staking. They only reset the weight for their coins that have staked NOT their balance so their weight seemingly never diminishes. This is rather a large inconvenience in terms to proper network operation so we've been working for the past couple months on an update to the PoSv3 method that we utilize in order to have weights reset after they've staked so that staking becomes more like users waiting their turn instead of completely being random and causing small balances to not be able to see the proper reward numbers. The calculations are however setup and designed for a 25% reward so once this update goes into affect this will be a non-issue.

I would like to apologize for your experience being considerably below expectations however I'd like to also note that we are still in ALPHA phase of development and are working hard to resolve any issues like the one's you've experienced. I thank you very much for sharing what happened and we will use this information for future updates.

First thanks for the elaborate and time consuming answer!

Second
The block spacing is ideally 5-min, for example at the time of writing (last 2 blocks), the space between block 813200 and block 813201 is 15-min and 30-sec. And even the previous 2 ones 812998 and 812999 were at 5 min, the total time for your " ~3 confirms" (I think you should know if is 2 3 or 4 confirms, not aprox.3) goes to 25-30 min which is a lot in my opinion. Anyway the main issue for me is with the POS rewards and I don't like the fact that the rich gets richer so I am waiting for the fix and maybe I'll come back and try again. Please tell me when this POSv3 is set in place and working as it should.
Thanks again for your time!
hero member
Activity: 1036
Merit: 506
Coderz of the Crypto variety
First I want to mention that I don't want to spread FUD but I want to let others know what to expect from this project, as for me the experience was disappointing.

OK, so here is my experience with Espers coins:

First impression was not good, when I saw you need to wait 1h+ to get a payment confirmed (10 blocks - 1 block is mined between 5 to 10 min) which is worst than Bitcoin's tx (here you need 2-3 confirms).

Second and the worst.
I bought around 40 million coins on February 06 and staked them 24h, 7 days a week for 1 month now. The interest was only 150450 coins instead of aprox. 822000 coins (27400*30 days) what should have been (10 millions/365 - supposing I am staking only the initial amount). So the interest is not 25% as the whitepaper says is much more less, around 4.5%.

After I saw this I made some digging and saw that in one year the total supply increased by only 9.3% (current supply - 1 year back supply) from POW+POS so my guess was correct, since the blocks are split 50-50 to POW-POS the POS is around 4.5% annual only.

Peace!

Good observation.  I wonder where the 25% comes from?

I tried to stake Espers about 18 months ago and it wasn't staking well  compared to many other coins.  But those many of those higher staking coins have a problem holding a team together now.  Espers is like a middle ground coin: staking might not be high but at least there seems to be more than one person behind the curtain.   I have 3 computers that only stake wallets and I can let you know some good low entry higher staking coins if you want.   Many of these are 4 or 5 years old.

I bought because I like POS coins, those with mid-stake interest like Espers, Electra, Bean Cash, Linda, Shardcoin, etc. But I really don't like coins with under 10% Cheesy maybe only NEO and ONT. I will move my money from Espers to Ontology or NEO since I get a better ROI and I don't need to keep the wallet open at all.

Regarding the team I don't know what to say, I saw the dev working on other projects too (see his last posts+github). No wonder why the roadmap is so delayed... nothing new since Q1 2018 and this is sad.

Nothing new since 2018 Q1 is quite an overstatement wouldn't you think?

While you're at our GitHub I'd invite you to review the Espers codebase releases and the changelogs associated with them as you'll find your statement to be in error.





First I want to mention that I don't want to spread FUD but I want to let others know what to expect from this project, as for me the experience was disappointing.

OK, so here is my experience with Espers coins:

First impression was not good, when I saw you need to wait 1h+ to get a payment confirmed (10 blocks - 1 block is mined between 5 to 10 min) which is worst than Bitcoin's tx (here you need 2-3 confirms).

Second and the worst.
I bought around 40 million coins on February 06 and staked them 24h, 7 days a week for 1 month now. The interest was only 150450 coins instead of aprox. 822000 coins (27400*30 days) what should have been (10 millions/365 - supposing I am staking only the initial amount). So the interest is not 25% as the whitepaper says is much more less, around 4.5%.

After I saw this I made some digging and saw that in one year the total supply increased by only 9.3% (current supply - 1 year back supply) from POW+POS so my guess was correct, since the blocks are split 50-50 to POW-POS the POS is around 4.5% annual only.

Peace!


Thank you for sharing your experience and I'd like to address some of the points made for a moment.

First point is the blocktime being ~5 minutes. The reason for this is there is no need for a rapid block generation. When users send coins they are available in ~3 blocks and fully confirmed by the network in 10-60 (this goes on behind the UI and is done for added security in case an invalid TX is found by the network). So your coins will be available for use to you within 15 minutes if not a little longer while they arrive and relay instantly. That being said the transaction time and such is something that we have been planning to adjust for some time now in the GUI side of things so that users don't think that they have to wait hours to use their coins.

Now about the second point which is the staking situation. We've addressed this quite extensively in Discord chats and such but it really hasn't been brought up here now that I think about it. Anyway what's going on is that PoS (any version) was not designed do properly handle such a large network weight and sheer amount of coins on the network. What's happening is that larger balances are receiving their 25% rewards however you with less in your holdings than the larger wallets are unable to obtain those numbers as they simply trump your network weight for staking. They only reset the weight for their coins that have staked NOT their balance so their weight seemingly never diminishes. This is rather a large inconvenience in terms to proper network operation so we've been working for the past couple months on an update to the PoSv3 method that we utilize in order to have weights reset after they've staked so that staking becomes more like users waiting their turn instead of completely being random and causing small balances to not be able to see the proper reward numbers. The calculations are however setup and designed for a 25% reward so once this update goes into affect this will be a non-issue.

I would like to apologize for your experience being considerably below expectations however I'd like to also note that we are still in ALPHA phase of development and are working hard to resolve any issues like the one's you've experienced. I thank you very much for sharing what happened and we will use this information for future updates.
hero member
Activity: 1330
Merit: 515
Coin Mage
Yes, some people have reported that they are getting lower staking rates than 25%, including myself. As far as I am concerned, I don't care much about it as long as it incentivizes people to stake and secure the network, as the price changes of small-cap coins like this typically outweigh the staking reward by orders of magnitude. But of course accurate estimations would be much better.

Please try to not talk about other coins here too much, this thread is about Espers. For general altcoin discussions there are better places than the Espers announcement thread.  Wink
full member
Activity: 800
Merit: 143
@Grimnir
Yes I think your amount is too low and if you look at top 10 wallets some of them are staking with 4-500 million coins, so the lower bags have very low chances to hit a block.

@paramind22
Thanks for the tip, I will have a look at all those coins and maybe I'll pick 1 or 2 to invest in if I'll find something interesting.
From my bag I can only recommend ShardCoin (SHARD) 50% POS currently, very active team with working products. Here is their website https://shardcoin.io/.
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