Topic: [ANN] Philosopherstone - PHS | No Premine | Mandatory update 1.2Beta3 - page 34. (Read 81162 times)

I agree I thought that GrowthCoin might be competitor but with that fast 45sec block generation (VS 2 minute blocks) and 64PHS a block vs. 100GWC per block.  This coin is far more rare and unlikely to be blast mined like growthcoin is at the current time.... SO I am sticking by PhilosopherStone for now.  But what I would really like to see is a productive entrepreneurial use for this awesome savings tool called a PhilosopherStone.  Something like FineArtAmerica.com where I could buy artwork for philosopherstones or something like a KickStarter.com for Art or Engineering projects using PHS.  Also we could use a BitMit.net for PHS.  With an inherent interest rates projects have a real ROI figure to work with (although Art may have no ROI).  

I, for example, am sitting on a patent for an innovative vertical axis turbine that needs the engineering and testing for a more full size model producing electricity... (for running a server farm...mining currencies )

PS if anyone is having problems getting the Blockchain for PHS here my node list... just paste this list into you philosopherstone.conf an you will be good to go

addnode=184.166.242.244
addnode=71.187.248.95
addnode=69.254.120.152
addnode=64.120.17.149
addnode=182.130.178.239
addnode=109.254.44.48
addnode=198.50.233.22
addnode=46.229.50.42
addnode=171.212.224.17
addnode=198.50.233.22
addnode=24.6.21.198
addnode=188.252.16.109
addnode=84.251.34.142
addnode=74.132.75.138
addnode=180.112.23.129
addnode=178.198.227.220
addnode=81.27.169.82
addnode=71.196.168.21
addnode=195.240.68.140
addnode=173.160.57.9
addnode=50.149.211.203
addnode=81.105.30.173
addnode=49.64.216.10
addnode=24.13.0.156
addnode=70.79.24.157
addnode=69.235.202.21
addnode=83.79.132.58
addnode=68.4.48.12
addnode=174.129.1.17
addnode=94.209.197.34
addnode=72.189.85.14
addnode=105.229.24.156
addnode=122.10.89.135
addnode=85.172.112.226
addnode=117.148.243.77
addnode=111.72.64.213
addnode=125.79.138.178
addnode=113.184.211.157
addnode=110.73.31.115
addnode=24.199.60.216
addnode=77.52.121.200
addnode=183.13.158.46
addnode=128.70.201.199
addnode=116.226.3.174
addnode=95.133.14.171
addnode=188.104.231.158
addnode=68.117.97.76
addnode=77.236.184.115
addnode=115.64.122.35
addnode=72.23.76.121
addnode=105.236.213.165
addnode=173.30.248.240
addnode=195.240.68.140
addnode=198.50.233.22
addnode=188.252.16.109
addnode=110.73.31.115
addnode=113.189.3.71
addnode=50.149.211.203
addnode=174.129.1.17
addnode=105.236.213.165
addnode=84.251.34.142
addnode=70.79.24.157
addnode=68.4.48.12
addnode=178.198.227.220
addnode=180.112.23.129
addnode=81.105.30.173
addnode=194.141.41.233
addnode=70.114.15.150
addnode=71.53.60.140
addnode=85.172.112.226
addnode=115.239.227.168
addnode=128.70.201.199
addnode=72.189.85.14
addnode=71.196.168.21
addnode=221.2.149.227
addnode=69.235.202.45
addnode=173.160.57.9
addnode=116.226.3.174
addnode=59.59.208.63
addnode=117.3.160.154
addnode=14.210.178.145
addnode=184.88.62.170
addnode=219.90.146.132
addnode=46.150.89.173
addnode=69.114.165.120
addnode=183.15.5.195
addnode=74.132.75.138
addnode=107.3.186.55
addnode=105.229.24.156
addnode=125.106.69.154
addnode=24.6.21.198
addnode=72.23.76.121
addnode=188.104.253.19
addnode=81.62.129.22
addnode=120.207.161.138

Mine was initially a hunch as well (difficulty would drop and I still wasn't coming close to hitting the projections from the higher difficulty)...and now that I have several hours of controlled, simultaneous data comparing returns...it would be a pretty big coincidence that I'm consistently getting less than half as much PHS at phs.minar.cc vs solo mining. I'm leaving the pool for now...and anybody else getting similar results should probably do the same until this is sorted out.

I'm open to an explanation...but it's a little frustrating when I realize how much hash power I wasted on that pool. Looking back over data from a few days back, I was pulling in slightly more PHS solo-mining with the 1.3 MH/s from the single 7990 in my desktop than I was from one of my 3 MH/s machines in the phs.minar.cc pool over the course of about 10 hours. This means I was getting about 3 times as much PHS per MH solo-mining during that time frame as well.

I urge everybody to look over their history and draw their own conclusions. I'm interested to see if everyone is affected here.

Yes, thank you, it mostly does. Does it matter if the coins were solo mined, or mined in a pool and sent to me, so long?



I do not believe I am getting what I should, no. It's mostly a hunch as I don't a direct reference point, but still I only get about 1/2 to 3/5 of what the estimate says on the stats page. The payouts are consistent, however, if there were a scryptmining.com pool, I'd be on it in a minute.

+++  shit pool

over 2 hours 30 minutes at a speed of 11000kh
phs.minar.cc : 340 PHS diff max 1.5 min 0.6

I found 5 - 6 blocks per hour in the pool

Version 1.2 released. This version fixed an issue regarding the reward processing. *** This is a mandatory update ***, please update before August 09, 00:00:00 GMT. The download links and the source in github are updated.

FYI, I'm getting pretty poor returns at the phs.minar.cc pool. I noticed that I was getting more than twice as much PHS vs what I was getting at the pools with similar hash rates...but since things hadn't been 100% consistent, I decided to put my theory to the test: I have one machine solo-mining...and another identical machine mining at phs.minar.cc. Both are hovering right around 3 MH/s.

I found 5 blocks in the pool and 6 blocks solo-mining (one of them a 128 block) during the test period. During the same time period, with identical machines, here were the results:

Solo-mining: 448 PHS
phs.minar.cc: 110 PHS

I went back into the history, and I've been getting awful returns at the pool. I consistently mine almost 4 times as much PHS solo mining. I'm just curious if anybody else is having similar results...or if I'm just having insanely bad luck in the pool. Again, I hate pointing fingers/etc as I'm sure the pool operator means well and I appreciate the effort they put into setting up a pool. I just know in the past I have been screwed mining in pools...and I'm hoping this isn't another case of that. You would think things would balance themselves out.

PoS coins that are held in the wallet are called stakes. It's just a term and nothing to worry about.


A mined block generates freshly minted coins - different coins sometimes use different terminology, but it means the same thing.


Opening your wallet once every few days is enough, you don't need to leave it open. After a while you'll notice payments coming in to your wallet automatically.

Hope that helped clear a few things up

K.

When should evidence the stake system is working kick in?

I really like the coin, but I'm confused on a few things:


Shouldn't that be coins instead of stakes?


Shouldn't that be mined?


Wait, what?

Forgetting the technical stuff, the big questions are: If I have coins in my wallet, from any source at all, and I don't move them, will I get 3.44% monthly interest automatically? Do I have to keep my wallet open and unlocked 24/7 to accumulate interest?

I hope it'll go in the next couple of days.

Should trade well when it goes to cryptsy... does it on cryptsy's future list? I don't even see it there, this is one of the top coins not yet in exchange.

I can easily see this at 0.2 BTC per 1k

Yes this is one of the best coins out there

Good price but I prefer to hold for now, hope to be on exchange soon

I am offering 0.1 BTC for 1000 PHS... any takers?

Thank you for posting the solution. (And philosopherstoned is a cool word.)

We need an exchange.  Anyone want to purchase some PHS?  PM me.

I fixed the version issue mentioned a couple of people, download links and source are both updated. If you observe other issues and oversights, please report them. Thanks.



You can go to the source in github to get image files, there are three, displayed when you mine the normal block, superblock or super+ block.


Also you can get the 256x256 image from the following links:
http://img16.imageshack.us/img16/7061/s52u.png
http://img138.imageshack.us/img138/4863/1paa.png
http://img12.imageshack.us/img12/1354/9xbh.png




You don't need to do anything, if you hold the coins after a few days (usually 5-10), the pos blocks should be generated automatically, as long as you open the qt client.

You can find more info of PoS in the web, for example:
https://cryptocointalk.com/blog/4/entry-19-what-is-proof-of-stake-how-do-i-mint-pos-blocks-work-in-progress/

I love the Glyph graphic for this Coin Does Anyone Have A HIGH-RES VERSION of the PhilosopherStone Full Color Glyph???

the PHS diff still very high...
{
    "blocks" : 4418,
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "difficulty" : 2.33856972,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 84050882,
    "pooledtx" : 0,
    "testnet" : false
}