Topic: [ANN] Orbitcoin v1.6.0.0 ~ NeoScrypt ~ Green Stake ~ 4 Years Old - page 109. (Read 201004 times)

hi ghost, when we get the new wallet???

follow the link http://www.dnb.io/

Neoscrypt ahead !
posted 11/30/2014 22:41:06

Neoscrypt ahead !


Orbitcoin POW mining is about to change a bit passed block #1M. We will switch from scrypt to a brand new algorithm : NEOSCRYPT !


From the press release :

[...]

As Application Specific Integrated Chip (ASIC) devices transformed the world of SHA256 (e.g. Bitcoin) mining, ASIC devices for Scrypt currencies threaten to do the same thing. The technological arms race that this technology creates means that those who have invested heavily in GPU mining would potentially lose their investments overnight.

NeoScrypt, a strong memory intensive key derivation function, was developed by John Doering (aka "Ghostlander"), a developer for Feathercoin and Phoenixcoin, to tackle that problem.

[...]


In other words : mining for the rest of us :-)


Time for new gears !


Neoscrypt CPU miners and GPU miners already exists and are currently used for other coins, such as Phoneixcoins or Feathercoins.

(By the way, dnb.io now has a PXC baby brother : pxc.dnb.io)


I personally tested these two with success :

    CPU Miner (by Ghostlander)
    GPU Miner (by Ghostlander)
    Other miners might be out there, contact me if you wish to recommend one in particluar.


Attention : to ensure that the transition will take place in the safest way, the pool will put into maintenance mode shortly before we reach block #1M. At this time, inserted shares for the current round might be deleted. We will be up and running again shortly !



and here

https://cryptocointalk.com/topic/929-orbitcoin-orb-information/page-46

I'm going to finish a wallet update in a few days, so Orbitcoin can switch to NeoScrypt by block #1M. I have also improved staking performance by 2 to 3 times already. We are going to contact all exchanges anyway when it's ready.

My intention is to reduce the min. age for staking from 5 days to 1 day. Right now, it's a bit more profitable to keep 20 ORB inputs for staking rather than larger ones by following the automatic split/combine process.

Let's suppose an input produces a stake when it reaches 200 coin days. If there are two inputs 20 ORB each, they spend 5 days at zero weight and 10 more days to reach 200 coin days each (20 per day). So, they stake about every 15 days and make 8 ORB in 60 days. If there is one input of 40 ORB, it also spends 5 days at zero weight and 5 more days to reach 200 coin days (40 per day). It stakes about every 10 days and makes 6 ORB in 60 days. That's a large 25% difference.

If the min. age is 1 day, a 20 ORB input stakes every 11 days and a 40 ORB one in 6 days. Two inputs of 20 ORB each make 12 ORB in 66 days and one input of 40 ORB makes 11 ORB also in 66 days. That's an acceptable 8% difference.

If you keep the staking process automatic with a suggested 20 ORB combining threshold and 40 ORB splitting threashold, an average input amount up for staking is 30 ORB. To follow the examples above, it stakes in 7.7 days with a 5% difference which is rather negligible.


more support for holder of ORB great

Was this announced somewhere else? I went back a few pages and you're the only one who's mentioned neoscrypt.

ghostlander has posted recently, nothing about a hard fork

so now you can creat a new pool for neoscrypt

http://www.dnb.io/

Hello everyone ! As you may know, ORB will change its algo to neoscrypt soon (at block #1M), and we are ready for it !

if you need a blockchain, you can download here


so if anyone needs a fully-working block chain, from 21.11.2014
important you have used v1.4.2.2 of wallet

https://drive.google.com/file/d/0B0ENIPCOaLvNTktqZ2ZyblNlVzA/view?usp=sharing

this is currently

EXCHANGES
 

Cryptsy (ORB/BTC, ORB/XRP)

https://www.cryptsy.com/
https://www.cryptsy.com/markets/view/ORB_BTC (ORB/BTC)
https://www.cryptsy.com/markets/view/BTC_XRP (ORB/XRP) NEW 10/08/2014


useCryptos (ORB/BTC, ORBB/LTC) (ORB/USD, ORB/EUR)

https://usecryptos.com/
https://usecryptos.com/market/ORB-BTC (ORB/BTC)
https://usecryptos.com/market/ORB-LTC  (ORB/LTC)
https://usecryptos.com/market/ORB-USD (ORB/USD)
https://usecryptos.com/market/ORB-EUR (ORB/EURO)


AllCrypt (ORB/BTC)

https://www.allcrypt.com/
https://www.allcrypt.com/market?id=781 (ORB/BTC)


COMKORT (ORB/BTC, ORB/LTC, ORB/DOGE)

https://comkort.com/
https://comkort.com/market/trade/orb_btc (ORB/BTC)
https://comkort.com/market/trade/orb_ltc (ORB/LTC)
https://comkort.com/market/trade/orb_doge (ORB/DOGE)


Crypto-Trade (ORB/BTC) (ORB/USD)

https://crypto-trade.com/ very nice and fast exchange
https://crypto-trade.com/currencies/trade/orb_usd (ORB/USD)
https://crypto-trade.com/currencies/trade/orb_btc (ORB/BTC)


NEW!!! 11.08.2014
Bleutrade (ORB/BTC, ORB/LTC, ORB/Doge, ORB/HTML5) (ORB/USD)

https://bleutrade.com/
https://bleutrade.com/exchange/ORB/USD (ORB/USD) NEW 10/08/2014
https://bleutrade.com/exchange/ORB/BTC (ORB/BTC)
https://bleutrade.com/exchange/ORB/LTC (ORB/LTC)
https://bleutrade.com/exchange/ORB/DOGE (ORB/DOGE)
https://bleutrade.com/exchange/ORB/HTML5 (ORB/HTML5) NEW 10/15/2014



New!!! 12.08.2014 ORB was just added to
Cryptoine (ORB/BTC)

https://cryptoine.com/
https://cryptoine.com/trade/orb_btc (ORB/BTC)


NEW 10/29/2014 exchange CRYPTEX added ORB
CRYPTEX (ORB/BTC)

https://cryptex.biz/
https://cryptex.biz/market/109 (ORB/BTC)


NEW 11/19/2014 Exchange accepted and supported ∅RB by C-CEX
C-CEX (ORB/BTC) (ORB/USD)

https://c-cex.com/
https://c-cex.com/?p=orb-usd (ORB/USD)
https://c-cex.com/?p=orb-btc (ORB/BTC)

The only thing to add is that you might want do this with a new or dummy wallet.
That's my preferred method.

A fail safe way to syncronise is to connect to the core nodes only. They are always online and up to date.

orbitcoin-qt -connect=seed0.orb.sx -connect=seed1.orb.sx

Shut down the client when done, back up the data subdirectory and start as usual.

Ill say this , if the blockchain is not downloaded from the OP, and someone tries to sync from the blockchain , it crashes. first coin ever Ive seen do that consistantly. I still like this coin so I posted an article about it on my blog, as I feel there is still many that are not aware it exists; http://bitcoinlasvegas.net/orbitcoin-orb-500-interest-annual-powpos-hybrid/

Glad you got it working.  I haven't tried a setup from scratch lately.  I'll attempt it shortly.

Guys I have a blog geared specifically towards high pos coins. I want so bad to use this coin and CANNOT get the wallet working. Im on the latest 1.4.2.2. Im not kidding when I say Ive tried it on atleast 6 different computers, mostly ultra high end with i-7's and 16-32gb ram. A fresh wallet with nothing in it will download and launch, and near the end it will crash. "Orbit coin has stopped working". Ive tried to downoad and sync on atleast 6 different computers and same result. A few people said to turn staking off by using different commands in the .conf file and appending the .exe shortcut. Neither works.. so what gives!?!? I want to list you on http://bitcoinlasvegas.net/category/highest-percent-proof-of-stake-coins/ badly with all the other high pos coins. Now I just learned its changing to Neoscrypt. As an owner of 250 mhs of scrypt, I need to get my butt in gear and get this wallet working and mine what I can while its still scrypt.

Edit : FINALLY got this to work. Key was to backup and move to desktop wallet.dat. Download the bootstrap/blockchainfile, delete all in the data folder, unzip blockchain, sync, and put wallet.dat back. FINALLY. Posted this for anyone else having issues. Blockchain can be found on op.

Vegas

so wait for change to new algo neoscrypt. The new wallet comes maybe in the end of this month.

Quick update on status of the exchanges from the OP. Doesn't look very good. :-/

Cryptsy - market open, but wallet under maintenance (disabled)
Allcoin - market closed
Usecryptos - markets appear to be open, but very low volume (less than 70 ORB traded in 24h)
Crypto-trade - markets appear to be open, but very low volume (less than 6 ORB traded in 24h)
Allcrypt - market appears to be open, but zero traded in 24h
Comkort - shows warning about last block being found 3 days ago. (Wrong chain? Broken client?)
Bleutrade - market appears to be open, but very low volume (less than 11 ORB traded in 24h)
Cryptoine - market appears to be open, but zero traded in 24h

so if anyone needs a fully-working block chain, from today !!!
important you have used v1.4.2.2 of wallet

https://drive.google.com/file/d/0B0ENIPCOaLvNTktqZ2ZyblNlVzA/view?usp=sharing

that sounds good ghost i work with 4 wallet's

That's a good find for sure. You can merge them now into larger chunks and put in the staking business. ORB is going to have another release soon. I think by the end of month most likely. I'm working on staking performance improvements now. The current wallet is very slow while staking over 500 active inputs. Many users including myself have to run several wallets for this purpose.

I just found 2111 ORB by running 'checkwallet' and then 'repairwallet' on an old pre-fork install that I found. Very lucky, as I was about to delete it.

With all unspent outputs having 650,000+ confirms - last blocked mined 355 days ago - I thought I was in for a nice bit of staking, but unfortunately 90% of them are 0.25 original mined blocks, which will never stake.


   1         "amount" : 500.25000000,
   1         "amount" : 270.25000000,
   3         "amount" : 100.25000000,
   3         "amount" : 250.25000000,
   5         "amount" : 20.25000000,
 112         "amount" : 0.25000000,


2111 ORB would have been worth nearly 2 BTC if I'd cashed them in at the time they were mined. In fact, they were probably 'lost' because of a failed transaction creation, which would have been a send to Cryptsy.

Run 'checkwallet' in your debug RPC console, see if you hit anything!

POOLS

http://orb.smartmining.net (1%, PPLNS) works fine, tested of me
http://www.dnb.io (1%, PROP) works fine, tested of me

NEW 31.08.2014 We have a NEW Pool

http://ispace.co.uk/ This is a MultiPool (0%, ?) working NOW!!!
stratum+tcp://ispace.co.uk:3540
I often mine on this, it always worked very good
Please help keep iSpace Mining Pools free to use by donating to 1T5A5pVmmQ5rbJm25fnTda8PDQrfV2HsA

NEW 22.10.2014 We have a NEW Pool
Orbitcoin Pool at artbatista.com
http://orbitcoin.artbatista.com/ (0.25% PPLNS)


our pools

https://bitcointalk.org/index.php?topic=725450.0;all

me too please