Topic: [ANN] [HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast - page 13. (Read 542292 times)
September 15, 2014, 11:25:26 AM
I think miners are hoarding the last few high value blocks, which is causing the value vs. BTC to go up. Since last week, block reward is half (193/366), Hashrate is 2/3 (2,000Mh/3,000Mh), and value is up 34% (94 satoshi/70 satoshi). Any prediction on what will happen during sustain phase? I think value will go up slightly, but not enough to sustain miners, and with such a low hashrate, there will be at least 1 major attack on the network, and people will lose interest (loss of miners plus loss of trust due to attack). I could be wrong, of course, as 1gh has had 100% of the network for so long, but if the hashrate corresponds to the block reward (so 193 => 8 = 4%, so hashrate 2,000* 4% = 80Mh) that's in arms reach of a solo miner. Hell, I have 1 rig that does 110 Mh by itself right now. Thoughts?
September 14, 2014, 06:48:09 PM
Average vote = 3 now 
September 14, 2014, 06:19:05 PM
Block reward is down from 366 to 193 HVC, last coins to be easily mined. In less than 5 days it will be 1-8 HVC. Inflation will finally be over.
Thank God.
The inflation on this coin has been absurd.
September 14, 2014, 05:11:23 PM
Block reward is down from 366 to 193 HVC, last coins to be easily mined. In less than 5 days it will be 1-8 HVC. Inflation will finally be over.
September 13, 2014, 01:55:21 PM
months has passed,Is there any new features added into HVC?
September 13, 2014, 01:27:50 PM
Hello,
i have downloaded the wallet but it dosen't sync.
can anyone help plz
i have downloaded the wallet but it dosen't sync.
can anyone help plz
Hello,
i am having problems my wallet ins't syncing i added the nodes but still dosen't sync could anyone give me a hnad
hope this helps
Can someone give me nodes? Wallet can`t synchronizated
5.9.97.243:7203
119.81.51.10:7203
128.199.180.150:7203
80.241.218.9:7203
yes it helped many thanks
September 13, 2014, 09:24:07 AM
Last 2117 blocks in limit phase we have avg vote 326, in sustain phase avg vote is 0-8 so if we take 8 avg vote we have (2117*326 +1483*8 )/3600= 195 HVC
It is not big difference if we take 0 avg votes, than next block reward will be 192 HVC.
So from block 136 800 to block 140 400 we will have max 3600*194=698 400 coins
It is not big difference if we take 0 avg votes, than next block reward will be 192 HVC.
So from block 136 800 to block 140 400 we will have max 3600*194=698 400 coins
I took this from the wallet client when doing my calculation, it showed an average of 300 for 827 votes = 248100, leaving (3600-827) votes at a guesstimated average of 7 = 19411, resulting in a total of 267511, divided by 3600 votes = around 75. But if the client's display of 827 votes was wrong and it were much more then of course my calculation is wrong.
Yes. wallet display is wrong, thats why I am insisting on block count. 'Averaged' number in brackets is wrong and also 'When' number. Last block reward change was at block 133200 next will be at 136800. Thats the bug I was trying to explain to mumbly with my bad English.
edit: for example ''When'' number now displays 3.8 days, but change is tomorrow in 30 hours so in 1.2 days if you calculate from block count
September 13, 2014, 09:14:53 AM
Last 2117 blocks in limit phase we have avg vote 326, in sustain phase avg vote is 0-8 so if we take 8 avg vote we have (2117*326 +1483*8 )/3600= 195 HVC
It is not big difference if we take 0 avg votes, than next block reward will be 192 HVC.
So from block 136 800 to block 140 400 we will have max 3600*194=698 400 coins
It is not big difference if we take 0 avg votes, than next block reward will be 192 HVC.
So from block 136 800 to block 140 400 we will have max 3600*194=698 400 coins
I took this from the wallet client when doing my calculation, it showed an average of 300 for 827 votes = 248100, leaving (3600-827) votes at a guesstimated average of 7 = 19411, resulting in a total of 267511, divided by 3600 votes = around 75. But if the client's display of 827 votes was wrong and it were much more then of course my calculation is wrong.
September 13, 2014, 09:02:03 AM
My guess for next block reward is 75.
What in the world is going on? I thought HEAVY was supposed to be totally done with PoW phase in the next day or two?
So what is the new target - over 100 million coins?
Looks like the 8 vote limit kicked in later than specified, not at the end of limit phase, but only at the beginning of sustain phase.
So we entered sustain phase with a block reward that was still normally voted on with 1024 limit, and apparently the current block reward voting also was not limited to 8 at the beginning, but now seems to be, so the average vote constantly goes down, but due to the blocks still being voted at the 1024 limit at the beginning my gues is we'll end up at a block reward of 75 for the next round. The round after that should be max 8 then for real, or rather 7 as at least I will continue voting 0. On the other hand all what's going on now shoulen't change total supply anymore, only the length of the sustain phase.
September 13, 2014, 06:59:34 AM
Hello,
i have downloaded the wallet but it dosen't sync.
can anyone help plz
i have downloaded the wallet but it dosen't sync.
can anyone help plz
Hello,
i am having problems my wallet ins't syncing i added the nodes but still dosen't sync could anyone give me a hnad
hope this helps
Can someone give me nodes? Wallet can`t synchronizated
5.9.97.243:7203
119.81.51.10:7203
128.199.180.150:7203
80.241.218.9:7203
September 13, 2014, 06:37:51 AM
Hello,
i have downloaded the wallet but it dosen't sync.
can anyone help plz
i have downloaded the wallet but it dosen't sync.
can anyone help plz
Hello,
i am having problems my wallet ins't syncing i added the nodes but still dosen't sync could anyone give me a hnad
September 13, 2014, 03:18:09 AM
My guess for next block reward is 75.
I did make mistake in calculation here
details:
Last block change was at block 133 200, so next will be at block 136 800. Change to sustain phase was at block 135 317.
So over next 136 800 - 135 317= 1483 blocks ( ~2 days) we have block reward 366 HVC -- 1483*366= 542 778 coins
From block 136 800 to block 140 400 ( 5 days ) we will have block reward of about 215 HVC -- 3600*215= 774 000 coins
From block 140 400 we will have block reward 1-8 HVC
Last block change was at block 133 200, so next will be at block 136 800. Change to sustain phase was at block 135 317.
So over next 136 800 - 135 317= 1483 blocks ( ~2 days) we have block reward 366 HVC -- 1483*366= 542 778 coins
From block 140 400 we will have block reward 1-8 HVC
Last 2117 blocks in limit phase we have avg vote 326, in sustain phase avg vote is 0-8 so if we take 8 avg vote we have (2117*326 +1483*8 )/3600= 195 HVC
It is not big difference if we take 0 avg votes, than next block reward will be 192 HVC.
So from block 136 800 to block 140 400 we will have max 3600*194=698 400 coins
What in the world is going on? I thought HEAVY was supposed to be totally done with PoW phase in the next day or two?
So what is the new target - over 100 million coins?
So what is the new target - over 100 million coins?
We have one more change to block reward ~195 HVC than we have 1-8 HVC block reward. Thats about 6 days of inflation, roughly ~88 million coins before low reward kick in.
September 13, 2014, 01:26:08 AM
How is HVC?Is there some thing like roadmap or plans?
September 12, 2014, 11:17:11 PM
My guess for next block reward is 75.
What in the world is going on? I thought HEAVY was supposed to be totally done with PoW phase in the next day or two?
So what is the new target - over 100 million coins?
September 12, 2014, 10:29:06 PM
My guess for next block reward is 75.
September 12, 2014, 02:35:33 PM
So it will be 100 606 756 coins after all 
13 68 7634 coins in sustain phase, block vote 8
13 68 7634 coins in sustain phase, block vote 8
details:
Last block change was at block 133 200, so next will be at block 136 800. Change to sustain phase was at block 135 317.
So over next 136 800 - 135 317= 1483 blocks ( ~2 days) we have block reward 366 HVC -- 1483*366= 542 778 coins
From block 136 800 to block 140 400 ( 5 days ) we will have block reward of about 215 HVC -- 3600*215= 774 000 coins
From block 140 400 we will have block reward 1-8 HVC
September 12, 2014, 02:17:29 PM
So it will be 100 606 756 coins after all
13 68 7634 coins in sustain phase, block vote 8
13 68 7634 coins in sustain phase, block vote 8
September 12, 2014, 11:00:06 AM
Hello,
i have downloaded the wallet but it dosen't sync.
can anyone help plz
i have downloaded the wallet but it dosen't sync.
can anyone help plz
September 12, 2014, 09:29:55 AM
Well it is a clear violation of the specification there is no doubt about that!
It clearly says " The second phase (Limit) allows a maximum vote of 1024 HVC for the first 59,876 blocks, but 8 HVC for the last ~3,600 blocks so it can transition into to the last phase (Sustain). The Sustain phase allows a maximum vote of 8 HVC."
We are now almost 3,500 blocks into those "last 3,600 blocks" and I STILL see an average vote of 327.
If it was paramount to stick to the original specification and keep allowing people to vote high throughout the limit phase, when it was already obvious that a system that only allows miners to vote, is not working, then FFS stick to the specification now also and stop this high voting AS SPECIFIED!
It clearly says " The second phase (Limit) allows a maximum vote of 1024 HVC for the first 59,876 blocks, but 8 HVC for the last ~3,600 blocks so it can transition into to the last phase (Sustain). The Sustain phase allows a maximum vote of 8 HVC."
We are now almost 3,500 blocks into those "last 3,600 blocks" and I STILL see an average vote of 327.
If it was paramount to stick to the original specification and keep allowing people to vote high throughout the limit phase, when it was already obvious that a system that only allows miners to vote, is not working, then FFS stick to the specification now also and stop this high voting AS SPECIFIED!
September 12, 2014, 08:11:30 AM
We should not enter sustain phase with block reward greater than 8 or possible vote greater than 8. So I hope that we will have block reward and block vote forced to max 8 at the end of limit phase. Or else we will have inflation in sustain phase.
I think there is 3 scenarios as we enter sustain phase:
1. Block reward is max 8 and block vote is max 8 - Sustain phase is as it should be, only inflation is that one at the end of limit phase which is over.
2. Block reward is calculated by previous votes, max vote is 8 - We have 1.3 million coins inflation (out of 10 mil total coins) in first week of the sustain phase
3. Block reward is calculated by previous votes, max vote is 1024 - than mining will be over in couple of weeks
I think there is 3 scenarios as we enter sustain phase:
1. Block reward is max 8 and block vote is max 8 - Sustain phase is as it should be, only inflation is that one at the end of limit phase which is over.
2. Block reward is calculated by previous votes, max vote is 8 - We have 1.3 million coins inflation (out of 10 mil total coins) in first week of the sustain phase
3. Block reward is calculated by previous votes, max vote is 1024 - than mining will be over in couple of weeks
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