Topic: [ANN] New Piggycoin [PIGGY] | 3% interest | Web PiggyBank | Android PiggyBank - page 39. (Read 222608 times)

Nice .  Can't wait to see it in there.

Glad to hear Piggycoin is getting covered in the altcoin book. A little thing, but little things add up to bigger things over time. It's actually quite an honor given there must be well over a thousand alts (more if you count the extinct ones), and they only picked a few dozen.

We made it into the altcoin book.  Hurray!  （＾(●●)＾）

https://bitcointalksearch.org/topic/m.10993455

Over the Easter break I would be love to see some photos of your made up Piggy Egg Paper PiggyBanks!

As an Easter Treat I will personally give you 5000 PiggyCoins* if you tweet your photo to @_richfinch and @PiggyCoin

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*Although the Piggy loves filth, please upload nice clean photos please! :-) Only 5000 PiggyCoins per genuine Twitter account & photo!

Wow, that is the nicest paper wallet I have ever seen!

100K PIGGY of premine paid to maxpower and 12K paid to pjcltd for compiling and testing the Mac wallet.

We have temporarily (until next Tuesday) replaced our standard paper PiggyBank design with this tasty creation of richfinch's.  Yum!



Get your paper PiggyBanks at https://www.piggy-coin.com/PiggyPaperWallet !

This shouldn't really be necessary unless you were using or syncing the old wallet after the hard fork happened

New Mac wallet seems to be working well!

If you already have the old mac wallet installed it is best to re-sync the new wallet from scratch or replace the blockchain files in the wallets support folder, with the new files from the link on the first page of this thread.

On a mac you go to  /Users/'nameofuser'/Library/Application Support/newpiggycoin/'replace files in here'

Mac wallet v1.2.1.1 Public BETA: http://www.mediafire.com/download/4c7nrzs3vro2rdz/PiggyCoin_v1.2.1.1_Mac.zip

Can somebody test it? :  Compiled by a trustworthy source who made the previous Mac PIG and PIGGY wallets (maxpower).

You might want to use the bootstrap I put in the OP to help you sync quicker, but I don't know how you'd do that on a Mac.

Mo

Have voted!

Voted! Just takes a second. Bump!

Vote for PIGGY to appear in this book: https://bitcointalksearch.org/topic/cryptocurrency-the-alt-ernative-second-edition-vote-985422

Oink!

Hey ebeliever, hard to say exactly without monitoring the debug log while it was happening to you, so most of this would be speculation FYI.

Conflicted stakes are not out of the ordinary, I too get them quite frequently. They look to me to be orphan-like as I compared the times on a few of mine and what actually got committed to the chain as they are within seconds of a competing stake. Also with difficulty decreasing it would increase the odds of such an event I would think. It's actually quite interesting seeing what the difficulty is doing with 1.2.1.1 consolidating coins at around 48k, but back to your questions.

Weight numbers as well as decreasing difficulty I do not believe would be indicative of being on a fork (especially the stake-defective chain). You would be on your own micro-fork from your conflicted stake until it moved to its final conflicted stake and the wallet had set itself back to the correct chain, maybe a few blocks in. If you managed to stake a sequential grouping then all of those would go conflicted if the parent stake lost out by a few milliseconds.

Restarting / resetting your wallet would have mixed up your peers. It may be possible you were talking to a couple peers that were having some problems staying caught-up. Once again this would be my speculation.

If you really want to take a look at what's going on you can look in the debug.log and for a deeper dive turn on debugging in newpiggycoin.conf, that would give you some definitive insight.

Cheers!

Hi! I have another question related to staking. I noticed this morning I started getting Conflicted stakes with no mention of being broadcasted to X# of nodes like normal stakes. I let it go a couple hours to see what would happen, thinking it would eventually correct itself. Stake weight numbers started decreasing, as did the reported network weight, which I suppose is indicative of being on a fork? But even though I could see the main fork #'s reported on https://chainz.cryptoid.info/piggy/, my own staking continued to fall behind with no connection/correction. After over 3 hours I tried locking/unlocking the wallet, which brought no improvement, and then shut down the wallet and rebooted it, which brought me back onto the main fork again, apparently.

Am I right that I was on a fork? Would the wallet eventually get back on the main fork if left alone, or does it require a shutdown/restart? If it's supposed to correct itself, what is the criteria for doing so?

Oink!!

The PiggyFacts.com faucet is back up and working!  Oink!

Wallet update released, PiggyStakes 1.2.1.1, please see release notes:

https://github.com/piggycoin/newpiggycoin/blob/master/ReleaseNotes.txt

Once again it is very important for the network that those on clients versions 1.1.6.x or below to update to the latest wallet. I am quite surprised to still see ~30% still using the old wallet.

- First, you will be on the wrong chain, which our exchanges or block explorers do not recognize.
- Second, you will be broadcasting orphan blocks to the rest of your peers, increasing bandwidth and CPU usage for you and all your fellow piggies.
- Third, you will eventually be CUT OFF from the main network in a future release when we update with a protocol version disconnect.

So, I repeat myself, please update your wallet. We are working towards a Mac release, however in the interim I suggest running the windows wallet under something like parallels in the interim. We understand this is an inconvenience but are working diligently to release a Mac binary.

Oink!

Thanks Fairglu; the compound interest point is a good one. So it sounds like major wallets should stake continuously if they do it at all.

BTW, if anyone is interested... I created the following certificate (a powerpoint file) to use with my younger kids to be able to share with them their Piggycoin balance. It's similar to the vouchers available on the Piggycoin website, but worked a bit better for my purposes. So feel free to share and use if anyone else is interested.

https://www.dropbox.com/s/klsfvmy2yt3b5kj/Piggycoin%20Cert.pptx?dl=0

Here's an image of the file:

https://www.dropbox.com/s/hqv23hputysmfcs/Piggycoin%20Cert.png?dl=0

In addition to what neurocis said, if you stake all the time you will also get compound interest.

If Albert stakes 100 coins once in a year, he will end the year with 103 coins.

If Albert stakes the 100 coins twice in a year, he well get 101.5 coins the first time, then 103.0225 at the end of the year, because the extra 1.5 coins will have staked at 3% for half a year.

Of course the above is a very rough approximate, it's influenced by min/max stake age, maturation, etc. But basically, you have a small incentive to stake 24/7.


Yes, and tweaking the staking parameters could also increase the compound interest, and make it even more beneficial to stake 24/7.

In practice a "whale" staking once a year can have a very disruptive effect on a network, and may even (unwillingly) cause a fork.

I guess that's a personal preference. It is more beneficial for the network for holders to stake regularly, so I would recommend it. There is a static parameter in the wallet, StakeMaxAge that presently sets the max coin-age you can claim at 9 months. In a future hard-fork this will probably be adjusted to around 3 months.

And I completely agree about simplifying that, I was "how do I explain this?" when I was writing it...

lol, happy you got to try out another feature of crytpo-land!