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Topic: [ANN] Orbitcoin v1.6.0.0 ~ NeoScrypt ~ Green Stake ~ 4 Years Old - page 42. (Read 201272 times)

sr. member
Activity: 444
Merit: 250
What could be the reason for POS diff shooting up?

It was inevitable - with last hard fork we reduce number of blocks mined per day 2 times (instead of halving block reward).

So block reward remains the same, number of miners and stacking coins remain about same too, but now all miners compete for 2 times smaller quantity of blocks. diff just  reflect this hard competition and jump up.

Its not a big difference - low diff with low block reward(0.5 ORB) or high diff with high block reward(1 ORB). Total number of coins minted per week/month should be approximately the same. But certainly less than it was before the block # 2000 000

It's certainly a nice explanation and a logical conclusion..thanks..Also, is there a way to identify whether the exchanges are not getting POS rewards?
hero member
Activity: 894
Merit: 1001
What could be the reason for POS diff shooting up?

It was inevitable - with last hard fork we reduce number of blocks mined per day 2 times (instead of halving block reward).

So block reward remains the same, number of miners and stacking coins remain about same too, but now all miners compete for 2 times smaller quantity of blocks. diff just  reflect this hard competition and jump up.

Its not a big difference - low diff with low block reward(0.5 ORB) or high diff with high block reward(1 ORB). Total number of coins minted per week/month should be approximately the same. But certainly less than it was before the block # 2000 000
hero member
Activity: 894
Merit: 1001
I'm unable to unpack the 1.6.0.0 zipfiles for windows (both x86 and x64).

I'm getting "unknown error 0x80004005" when trying to extract the files. Any hint?

Looks to me like a problem with your system...Not sure whether this will help but thought of posting the thread url which discuss a similar issue with solutions - http://answers.microsoft.com/en-us/windows/forum/windows_vista-files/0x80004005-unspecified-error-during-unzipping/28447609-6401-4f14-bf94-e0c8408051bb

Yep. I think so. A very weird one, though. This is the only zip giving me this issue, so for now I workarounded the problem unzipping the files with a different client. Thank you for the hint.

I used BZip2 instead of Deflate to compress these binaries. PKZIP supports it since 2003. Other popular archivers like 7-Zip, WinZip, WinRAR, etc. have no problems either. It seems Microsoft is slow to follow up.

WinRAR can not unzip your last archives too! At least it gives clear error message (!   C:\Temp\orbitcoin-win64-1.6.0.0.zip:
unknown method in Orbitcoin-x64\orbitcoin-qt.exe)
And Windows-7(with all latest updates) built-in unzipper fails too.

So I used 7-Zip to unpack - only this option works for me.
hero member
Activity: 894
Merit: 1001
Block reward and optimal stake (excerpt): https://bitcointalksearch.org/topic/m.7744291
In a nutshell:
- coins are staking after 5 days;
- minimum stake amount is 20 ORB;
- staking is a stochastic function (it depends on luck, among other factors like stake amount and coin age - i.e. the "weight").

This is an old guide. Coins are eligible for staking after 1 day now, but it doesn't make much difference. There is weight displayed in the Coin Control window. I see my inputs are staking successfully with their weight of 800 on average currently. An input of 20 ORB will not exceed the weight of 300 (20 coins * 15 days). Do your math.


Hi.

I see my post was linked as FAQ in OP, so i update it to reflect changes of min/max coin age from 5/20 days to 1/16 days after previous hard fork. So new users can get correct info from it.
legendary
Activity: 1302
Merit: 1000
ORB has a good chance to grow.
Ya'll are getting bonus POS due to my wallet being down due to syncing.  Enjoy it while it lasts!  lol

I will shut down my wallets too for next hours, i need to do some updates and stuff.
PoS diff will probably lower a little more...



then my system crash rebalancing again Tongue long term, It is therefore again matter

How's the rebalancing going? PoS is halved since i closed my wallets. Probably coincidence...


What I mean in your case. My system crashes and you got more ORB per day. I sero. But now your system goes down and I get more ORB per day, it balances itself.
But rebalancing also means otherwise, you have a portfolio. 10000 Euro invest in ORB. Now ORB rises, you sell ORB, and buy from winning other coins or invest in Hashrate to get back your sold ORB.
If your other Coin rises, you sell it and buy again ORB back a little deeper. So your Belance in ORB remains the same in the long run, unless you buy back less than you sell. In a distribution of a currency that would be normal!
But you stay in the crypto market...

So i have invest in BTC Hashrate, if the BTC going strong up, i invest back in ORB.


Many factors suggest then that there will soon be a financial system reset! Whether it is so, I do not know. But for me, it seems! Few people know of that risk and many people ignore the danger.

Over decades, central banks have supported the financial market, but now it goes no further. There is a limit in the Ponzi scheme and the spiral returns to the origin. That would be sero.

it almost does not matter which currency they should only enjoy confidence. Trust is everything and nothing.
TvZ
sr. member
Activity: 315
Merit: 251
Ya'll are getting bonus POS due to my wallet being down due to syncing.  Enjoy it while it lasts!  lol

I will shut down my wallets too for next hours, i need to do some updates and stuff.
PoS diff will probably lower a little more...



then my system crash rebalancing again Tongue long term, It is therefore again matter

How's the rebalancing going? PoS is halved since i closed my wallets. Probably coincidence...
legendary
Activity: 1302
Merit: 1000
ORB has a good chance to grow.
Ya'll are getting bonus POS due to my wallet being down due to syncing.  Enjoy it while it lasts!  lol

I will shut down my wallets too for next hours, i need to do some updates and stuff.
PoS diff will probably lower a little more...



then my system crash Balancing again Tongue

http://cryptochainer.com/dir/ this service and and donate something
legendary
Activity: 1302
Merit: 1000
ORB has a good chance to grow.
Ya'll are getting bonus POS due to my wallet being down due to syncing.  Enjoy it while it lasts!  lol

I will shut down my wallets too for next hours, i need to do some updates and stuff.
PoS diff will probably lower a little more...



then my system crash rebalancing again Tongue long term, It is therefore again matter
TvZ
sr. member
Activity: 315
Merit: 251
Ya'll are getting bonus POS due to my wallet being down due to syncing.  Enjoy it while it lasts!  lol

I will shut down my wallets too for next hours, i need to do some updates and stuff.
PoS diff will probably lower a little more...

hero member
Activity: 658
Merit: 500
Ya'll are getting bonus POS due to my wallet being down due to syncing.  Enjoy it while it lasts!  lol
legendary
Activity: 1302
Merit: 1000
ORB has a good chance to grow.
Don't keep (PoS) coins on exchanges!

that's is realy stupid on bittrex are 120k ORB.

in time where they store it there, it would be easy become 10% more! The lie there for some time.

But do not be upset! It brings you only every day more ORB's Tongue If others do not want to join the network !? It is voluntary, free money, nobody must! Everything is good
legendary
Activity: 1302
Merit: 1000
ORB has a good chance to grow.
My orbit have finally started staking well in the last few weeks. Seems I reach about 2.5k days stake age or so to get 1 orbit reward. It happens about once a week and I have a total of 187 orbit. Just letting people know what to expect when staking orbit.


The question is how long you let your wallet running to get one ORB? And running the simply wallet on the side? Then your Invest in ORB is close to 0 with regard to power consumption!
And if you have more, you should distribute them to multiple addresses in a wallet, and then the question is, do you use Ghost settings?

PS: i have inputs with over 3000 weight, Not yet stake. Normally a higher weighting should stake faster. But hashing / mines, in PoW and PoS is like pulling lottery tickets.
So you win sometimes more and sometimes less! In the long term, it equalizes again.
You can see good, if you follow hashnest.com, somtimes mine this more block und sometimes lower in BTC
https://www.hashnest.com/hash_currencies/25/income

irc=1
dns=1
qtstyle=2
daemon=1
server=1
stakegen=1
logtimestamps=1
minersleep=2000
stakemintime=72
stakecombine=40
stakesplit=80
port=15298
rpcport=15299
rpcuser=someuser
rpcpassword=somepassword
addnode=seed0.orbitcoin.org:15298
addnode=seed1.orbitcoin.org:15298
legendary
Activity: 1302
Merit: 1000
ORB has a good chance to grow.
Glad to see the fork was a success.
PoW and PoS diffs tends to be nearly equal, great point for ORB.

Hi David Wink

out 0% ORB pool admin
legendary
Activity: 1302
Merit: 1000
ORB has a good chance to grow.
What could be the reason for POS diff shooting up?
Some "unearthed" wallets from the days of yore (maybe) Cheesy

I have much lower orphan's mined over PoS.. Reduction approximately 90%

This is my experience, only one orphan block! Today. Else I think 5-10

The network has the longer block time, more stability, small miners have a better chance to find blocks. I believe. Also small PoS miner
sr. member
Activity: 385
Merit: 252
Think with your brain. It is not illegal (yet).
What could be the reason for POS diff shooting up?
Some "unearthed" wallets from the days of yore (maybe) Cheesy

That could be one reason. I do think the exchange(s) could be another reason as they get good stakes unfortunately with users coins..
That would be highly unethical... and probable.
Don't keep (PoS) coins on exchanges!
sr. member
Activity: 444
Merit: 250
What could be the reason for POS diff shooting up?
Some "unearthed" wallets from the days of yore (maybe) Cheesy

That could be one reason. I do think the exchange(s) could be another reason as they get good stakes unfortunately with users coins..
hero member
Activity: 1162
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
My orbit have finally started staking well in the last few weeks. Seems I reach about 2.5k days stake age or so to get 1 orbit reward. It happens about once a week and I have a total of 187 orbit. Just letting people know what to expect when staking orbit.
sr. member
Activity: 385
Merit: 252
Think with your brain. It is not illegal (yet).
What could be the reason for POS diff shooting up?
Some "unearthed" wallets from the days of yore (maybe) Cheesy
sr. member
Activity: 444
Merit: 250
What could be the reason for POS diff shooting up?
newbie
Activity: 1
Merit: 0
Glad to see the fork was a success.
PoW and PoS diffs tends to be nearly equal, great point for ORB.
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