Topic: [ ANN ] SAT² - A new dawn - PoS - No Premine - page 60. (Read 133187 times)
buy order re-filled
Whilst waiting for the major move-over come May 1st, for the fun of it I just Linux-compiled my Sat wallet from source. So I've some info to share. Sync is very OK and blocks are moving.
protocolversion : 2000000, walletversion : 60000,
Hard coded nodes if you need them;
addnode=107.2.184.151:10017
addnode=31.128.130.2:10017
addnode=72.24.164.159:10017
addnode=23.252.113.113:10017
addnode=95.95.171.218:10017
addnode=54.201.183.106:10017
addnode=84.27.142.184:10017
addnode=50.154.163.162:10017
addnode=79.2.196.206:10017
protocolversion : 2000000, walletversion : 60000,
Hard coded nodes if you need them;
addnode=107.2.184.151:10017
addnode=31.128.130.2:10017
addnode=72.24.164.159:10017
addnode=23.252.113.113:10017
addnode=95.95.171.218:10017
addnode=54.201.183.106:10017
addnode=84.27.142.184:10017
addnode=50.154.163.162:10017
addnode=79.2.196.206:10017
Mining on it. Great pool! Thanks.
Welcome
We are not much but coins are falling into my wallet so we're all good :pI will not sell under 20sat whatever happens.
Dev team, I count on you making the smoothest transition possible
!
Mining on it. Great pool! Thanks.
how many mh you need? i can point my farm...
slavo is that your pool?
slavo is that your pool?
No but I know the owner and mine here when I can.
I asked him because i didn't find a working pool with low fees for sat.
here we are
cheers
how many mh you need? i can point my farm...
slavo is that your pool?
slavo is that your pool?
We are averaging 28 minute blocks with the re-target set to hit in 17 blocks. So it will be slow going for the next 8 hours unless some hash gets added to the network.
One of the weaknesses of crypto is block diff and centralization of pools. Crypto was meant to be mined by millions of computers running the software. The trap that btc and others fell into is the mining arms race. This causes the blockchain to be secured by fewer folks. So when 3 of the 5 miners on the network go down, you see blips like this. Going to POS will help to fix this as the chain will still move forward when people are not mining with POW.
Keep in mind that a major disadvantage of POS is the blockchain bloat that securing the network creates, but it is a move in the right direction.
Kudos
Keep in mind that a major disadvantage of POS is the blockchain bloat that securing the network creates, but it is a move in the right direction.
Kudos
+1
Saturn is a great opportunity for new comers and old money to see how a crypto can grow and mature over time. The upcoming POS on may 1st and multipool will rocket the demand, and see this coin going up to a proper value
One of the weaknesses of crypto is block diff and centralization of pools. Crypto was meant to be mined by millions of computers running the software. The trap that btc and others fell into is the mining arms race. This causes the blockchain to be secured by fewer folks. So when 3 of the 5 miners on the network go down, you see blips like this. Going to POS will help to fix this as the chain will still move forward when people are not mining with POW.
Keep in mind that a major disadvantage of POS is the blockchain bloat that securing the network creates, but it is a move in the right direction.
Kudos
Keep in mind that a major disadvantage of POS is the blockchain bloat that securing the network creates, but it is a move in the right direction.
Kudos
can you explain i better?
Which part? POW diff readjustment, or POS block-chain bloat?
For the first, it was never intended to have huge facilities mining a cryptocoin, each client was suppose to maintain the network by providing a full node, + confirming transactions as they happen. Then a random person that had the computer running and confirmed transactions would get a block and the reward as incentive to keep the program open. As more people opened the program, the difficulty to create a block ( sha256 has of previous block ending in 00000 etc..) would go up. If 10 people are mining and the difficulty is holding at 5, but then 7 of those people stop mining...you will still have to deal with a difficulty of 5 until a re-target. In SAT's case this is 25-33 blocks.
Hope that helps..perhaps someone else can explain better. BTW This guy Satoshi wrote a nice white paper..Worth reading. Also the one that Sunny King wrote is a good read.
https://bitcoin.org/bitcoin.pdf
http://en.wikipedia.org/wiki/Peercoin
One of the weaknesses of crypto is block diff and centralization of pools. Crypto was meant to be mined by millions of computers running the software. The trap that btc and others fell into is the mining arms race. This causes the blockchain to be secured by fewer folks. So when 3 of the 5 miners on the network go down, you see blips like this. Going to POS will help to fix this as the chain will still move forward when people are not mining with POW.
Keep in mind that a major disadvantage of POS is the blockchain bloat that securing the network creates, but it is a move in the right direction.
Kudos
Keep in mind that a major disadvantage of POS is the blockchain bloat that securing the network creates, but it is a move in the right direction.
Kudos
can you explain i better?
One of the weaknesses of crypto is block diff and centralization of pools. Crypto was meant to be mined by millions of computers running the software. The trap that btc and others fell into is the mining arms race. This causes the blockchain to be secured by fewer folks. So when 3 of the 5 miners on the network go down, you see blips like this. Going to POS will help to fix this as the chain will still move forward when people are not mining with POW.
Keep in mind that a major disadvantage of POS is the blockchain bloat that securing the network creates, but it is a move in the right direction.
Kudos
Keep in mind that a major disadvantage of POS is the blockchain bloat that securing the network creates, but it is a move in the right direction.
Kudos
Blocks are moving.
http://23.252.113.113:3312/chain/Saturncoin
Short Link: http://23.252.113.113:3312/b/12QcDBxELW
Hash: a3e11566e137c2ece1806d9f0b49dafcdee81f2e8b327341de0992879ba7d416
Previous Block: cd611c07c196cf26ea4132786a24ef1d96eb4038ff9ab8b03f694803d59121c7
Height: 65911
Version: 1
Transaction Merkle Root: dc26a998d21482a4a5ec849913d287542cf68f7a0739ec879191cf5d059edc28
Time: 1398104262 (2014-04-21 18:17:42)
Difficulty: 10.047 (Bits: 1c197ab0)
Cumulative Difficulty: 512 450.731
Nonce: 2362790913
Transactions: 8
Value out: 136699.69682518
Transaction Fees: 5
Average Coin Age: 25.4484 days
Coin-days Destroyed: 22050.36072941
Cumulative Coin-days Destroyed: 53.5774%
http://23.252.113.113:3312/chain/Saturncoin
Short Link: http://23.252.113.113:3312/b/12QcDBxELW
Hash: a3e11566e137c2ece1806d9f0b49dafcdee81f2e8b327341de0992879ba7d416
Previous Block: cd611c07c196cf26ea4132786a24ef1d96eb4038ff9ab8b03f694803d59121c7
Height: 65911
Version: 1
Transaction Merkle Root: dc26a998d21482a4a5ec849913d287542cf68f7a0739ec879191cf5d059edc28
Time: 1398104262 (2014-04-21 18:17:42)
Difficulty: 10.047 (Bits: 1c197ab0)
Cumulative Difficulty: 512 450.731
Nonce: 2362790913
Transactions: 8
Value out: 136699.69682518
Transaction Fees: 5
Average Coin Age: 25.4484 days
Coin-days Destroyed: 22050.36072941
Cumulative Coin-days Destroyed: 53.5774%
It just prove a deposit, I guess the problem is solved
Taking a look. With the dif up and the pools dropping it should resolve soon.
Spartans hold?
Spartans hold?
I believe the problem is a minor one but can crop up from time to time in the crypto world. Bitcoines has been notified and will be posting updates soon on our progress
Less than 11 days to go until POS update, and numerous other upgrades to our coin! Let's keep up the work, and bring this coin to its proper place
Less than 11 days to go until POS update, and numerous other upgrades to our coin! Let's keep up the work, and bring this coin to its proper place
I just synchronize the wallet.
Maybe the problem is over?
Maybe the problem is over?
Maybe, looks like we're on block 65910 now. I'm going to wait a little before mining/transacting again.
I just synchronize the wallet.
Maybe the problem is over?
Maybe the problem is over?
i am stuck on that block too! sup? bought a lot too and i was mining... may we have concerns?
Can you update ?
Can you update ?
Somethings up with the blockchain. Until this is resolved, I don't recommend sending coins to or from wallets, exchanges or pools.
i am stuck on that block too! sup? bought a lot too and i was mining... may we have concerns?
Can you update ?
Can you update ?
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