Am I the only one experiencing problem with nvcminer ?
Always getting json_rpc-call failed with both
http://pool-nvc.khore.org:8080
http://pool-nvc.khore.org:9332
Can somebody help me ?
Topic: [ANN] official NovaCoin thread - the original PoS+scrypt coin. --POOL LIST-- - page 41. (Read 282664 times)
October 31, 2013, 08:25:59 AM
October 28, 2013, 07:02:59 AM
October 26, 2013, 02:01:49 PM
ok - how much time should i wait for POS reward from 100NVC imput after 30days. more then 3days?
Expect about 35-45 days in total, i.e. 5-15 days after the 30 days are over. October 26, 2013, 02:00:29 PM
Kernel hash checking is performed using this condition:
hash(kernel) <= bnTarget * nValue * nTimeWeight
If nTimeWeight starts from zero, then immediate block generation will be prevented even with extremely low difficulty.
This feature is active frombeing of time startup of chain, but the TimeWeight is limited by 60 days, which is wrong. This will be fixed since 1 January 2014.
Thanks for the Explanation - now I can also see it in the source :-)hash(kernel) <= bnTarget * nValue * nTimeWeight
If nTimeWeight starts from zero, then immediate block generation will be prevented even with extremely low difficulty.
This feature is active from
So nTimeweight would be higher than now from coin-age day 90 on onwards, so basically smaller amounts of NVC that took more than 90 days before the change would generate PoS faster, right? (assuming same PoS difficulty as right now, I guess it might adjust a bit after the switch)
Thanks!
Mike
October 26, 2013, 10:33:44 AM
Hm, would you mind explaining, what it is this Change actually does? From the comments, I then don't quite get it (and I'm confused about this "active coins participating").
Thanks a lot!
Kernel hash checking is performed using this condition:Thanks a lot!
hash(kernel) <= bnTarget * nValue * nTimeWeight
If nTimeWeight starts from zero, then immediate block generation will be prevented even with extremely low difficulty.
This feature is active from
I read in this thread that it's being tested, but when I saw it in http://sourceforge.net/projects/novacoin/files/ and not in http://sourceforge.net/projects/novacoin/files/experimental/ , I was of course assuming that it's already production Quality...
So perhaps it should be moved there, and to avoid confusion give it a new Name like 0.4.4.6 for the bugfixed Version :-)
It's quite stable but has some minor issues. But you are right, it should be moved into experimental folder, I'll ask the account owner to do so. So perhaps it should be moved there, and to avoid confusion give it a new Name like 0.4.4.6 for the bugfixed Version :-)
October 26, 2013, 09:17:11 AM
ok - how much time should i wait for POS reward from 100NVC imput after 30days. more then 3days?
It's a random process and it could take more than 3 days, yes.
October 26, 2013, 08:05:56 AM
ok - how much time should i wait for POS reward from 100NVC imput after 30days. more then 3days?
October 26, 2013, 07:18:27 AM
CAP on POS reward will be 10NVC? and when?
Since last Sunday (October 20).
October 26, 2013, 06:58:04 AM
CAP on POS reward will be 10NVC? and when?
October 25, 2013, 01:05:46 PM
regarding the nTimeWeight changes I talked to a few People who are dedicated fans of NovaCoin (as I too have become) and the Consensus is quite clear: we think it's a bad idea.
I would probably do something along These lines if it were activated:
Put Money into a wallet, and then take it offline for half a year or longer before taking it back online for PoS Generation, to not "risk" having a PoS after 40 days for which you get only paid for 10 days, i.e. only 25% of the actual Holding time.
Rewards are calculated from actual age and there are no plans to change it. nTimeWeight isn't used for rewards calculation, this variable is used for kernel hashes target calculation only and doesn't affect rewards.I would probably do something along These lines if it were activated:
Put Money into a wallet, and then take it offline for half a year or longer before taking it back online for PoS Generation, to not "risk" having a PoS after 40 days for which you get only paid for 10 days, i.e. only 25% of the actual Holding time.
Hm, would you mind explaining, what it is this Change actually does? From the comments, I then don't quite get it (and I'm confused about this "active coins participating").
Thanks a lot!
Congratulations from me too, but it's still a little buggy. I did create a transaction and I noticed that the actual fee was half than what Coin Control said it would be.
Coin Control is experimental feature and isn't quite ready for production yet... 0.4.4.5 will be released in the next few weeks, this release will include some serious CC fixes.So perhaps it should be moved there, and to avoid confusion give it a new Name like 0.4.4.6 for the bugfixed Version :-)
Thanks & Kind regards
Mike
EDIT: The coin control Features are also included when you build from source from github master tree.
October 24, 2013, 05:25:40 PM
regarding the nTimeWeight changes I talked to a few People who are dedicated fans of NovaCoin (as I too have become) and the Consensus is quite clear: we think it's a bad idea.
I would probably do something along These lines if it were activated:
Put Money into a wallet, and then take it offline for half a year or longer before taking it back online for PoS Generation, to not "risk" having a PoS after 40 days for which you get only paid for 10 days, i.e. only 25% of the actual Holding time.
Rewards are calculated from actual age and there are no plans to change it. nTimeWeight isn't used for rewards calculation, this variable is used for kernel hashes target calculation only and doesn't affect rewards.I would probably do something along These lines if it were activated:
Put Money into a wallet, and then take it offline for half a year or longer before taking it back online for PoS Generation, to not "risk" having a PoS after 40 days for which you get only paid for 10 days, i.e. only 25% of the actual Holding time.
Congratulations from me too, but it's still a little buggy. I did create a transaction and I noticed that the actual fee was half than what Coin Control said it would be.
Coin Control is experimental feature and isn't quite ready for production yet... 0.4.4.5 will be released in the next few weeks, this release will include some serious CC fixes. October 24, 2013, 03:21:39 PM
I would like to congratulate you on a the implementation of the coin control Feature,
I think it's what was missing, and even though I did not yet use it for creating an actual Transaction
I think it's what was missing, and even though I did not yet use it for creating an actual Transaction
Congratulations from me too, but it's still a little buggy. I did create a transaction and I noticed that the actual fee was half than what Coin Control said it would be.
October 24, 2013, 02:55:11 PM
nTimeWeight calculation
Originally it was planned to start nTimeWeight from zero at the 30-day min age. This should increase active coins participating the hash and provide additional security when proof-of-stake difficulty is low.
Anyway, this feature is disabled for now and needs some discussion.
https://github.com/CryptoManiac/novacoin/commit/b9289ef1acf9c6c6146c573955443f555abb9351
It's planned to enable this since 1 Jan 2014 if there will be no negative effects discovered.
Originally it was planned to start nTimeWeight from zero at the 30-day min age. This should increase active coins participating the hash and provide additional security when proof-of-stake difficulty is low.
Anyway, this feature is disabled for now and needs some discussion.
https://github.com/CryptoManiac/novacoin/commit/b9289ef1acf9c6c6146c573955443f555abb9351
It's planned to enable this since 1 Jan 2014 if there will be no negative effects discovered.
Hi Balthazar,
I would like to congratulate you on a the implementation of the coin control Feature,
I think it's what was missing, and even though I did not yet use it for creating an actual Transaction,
I played around with it a bit, and yep... that's what we have needed :-)
regarding the nTimeWeight changes I talked to a few People who are dedicated fans of NovaCoin (as I too have become) and the Consensus is quite clear: we think it's a bad idea.
I would probably do something along These lines if it were activated:
Put Money into a wallet, and then take it offline for half a year or longer before taking it back online for PoS Generation, to not "risk" having a PoS after 40 days for which you get only paid for 10 days, i.e. only 25% of the actual Holding time.
I'm Aware that this is not in the interest of the network, so I'm heavily against it - imo the strength in NVC is for storing value with inbuilt hedge against coin Devaluation thanks to PoS. And the recent strength (in NVC/USD) during the recent Price rise in btc/usd Shows this quite well, seeing how most other coins took heavy losses in that time.
Kind regards
Mike
October 23, 2013, 09:32:46 AM
October 23, 2013, 09:24:34 AM
October 18, 2013, 05:06:46 AM
Explorer engine development is done. Web UI development is at very early stage:
http://explorer.novaco.in/
Engine is written in pure C and doesn't require novacoin client for working. This software will be published under GNU AGPL conditions.
http://explorer.novaco.in/
Engine is written in pure C and doesn't require novacoin client for working. This software will be published under GNU AGPL conditions.
October 17, 2013, 08:50:39 AM
New graphs available here http://novaco.in/ 
Site is under construction currently, maintained by Zloy (4J2Z52SFYduwjgAoMJDAB4hQFsnXUeinGZ for donations).
Site is under construction currently, maintained by Zloy (4J2Z52SFYduwjgAoMJDAB4hQFsnXUeinGZ for donations).
nice chart!!
October 17, 2013, 07:54:22 AM
New graphs available here http://novaco.in/
Site is under construction currently, maintained by Zloy (4J2Z52SFYduwjgAoMJDAB4hQFsnXUeinGZ for donations).
Site is under construction currently, maintained by Zloy (4J2Z52SFYduwjgAoMJDAB4hQFsnXUeinGZ for donations).
October 13, 2013, 07:05:49 AM
maybe it will be better to start the fundation and the fundation could pay for something like logo/banner or other promo thing
October 12, 2013, 01:40:30 PM
MicroGuy
How to create account? I can't find an option for this...
How to create account? I can't find an option for this...
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