[ANN] Sia - Decentralized Storage - page 495.

Taek

hero member

Activity: 543

Merit: 501

Quote from: rich93 on May 14, 2015, 06:17:01 AM

What percentage of the total coins will be mined by the devs in the first 100 blocks?

The first 100 blocks will mine 29,995,050 coins. The first 50,000 blocks (about 1 year) will mine 13,750,025,000 coins. Out of the first year, we will premine ~0.2% of the coins.

Sia adds coins to the total every time a block is mined, indefinitely. After 1 year, the inflation rate will be about 95%. After 5 years, the inflation rate will be 6% (this is much lower than Bitcoin's current inflation rate.). After 6 years, the inflation rate reduces to about 3%. It will remain near 3% for many years after that, dropping very slowly.

http://www.wolframalpha.com/input/?i=best+fit+line+%5B1%2C0.955%5D%5B2%2C0.420%5D%5B3%2C0.233%5D%5B4%2C0.131%5D%5B5%2C0.060%5D%5B6%2C0.03404%5D%5B7%2C0.033%5D%5B8%2C0.0325%5D

Quote from: brooklynbtc on May 14, 2015, 10:23:09 AM

trying to get OSX to work.. the link says Sia-UI-v0.3.0-beta-darwin but the atom app is labelled Sia Version 0.20.7 and no menus in the app work.

Ok. It looks like we forgot to update the version number on the UI. You have the correct file.

Maybe the menus are not working because your internet connection is bad? Unfortunately, things don't work if you don't have an internet connection. We are working on fixing this (you won't be able to download blocks, but at least the menus won't be broken). Sometimes it also just takes 30 seconds or so to load. If it's taking longer than that, you should try restarting it.

Thanks for trying us out. Sorry it's not as smooth as it should be. We will push updates shortly.

brooklynbtc

sr. member

Activity: 336

Merit: 250

AKA jefdiesel

trying to get OSX to work.. the link says Sia-UI-v0.3.0-beta-darwin but the atom app is labelled Sia Version 0.20.7 and no menus in the app work.

chrysophylax

legendary

Activity: 2912

Merit: 1091

--- ChainWorks Industries ---

ill look at setting this up tomorrow when im reasonably coherent and not wanting to fall asleep on the keyboard - like now ...

i like the premise of the coin and what it could achieve ...

mining is our forte here - so an optimized miner ( like ccminer-spmod - and sgminer-dev ) would go down a treat also ...

im still unsure what the algo actually is ... blake is the only one i know of that is actually optimized now with sp's ccminer fork ...

anyway - lets do this ...

#crysx

Taek

hero member

Activity: 543

Merit: 501

Quote from: defunctec on May 14, 2015, 03:33:45 AM

I downloaded the "win32" wallet and im promted with an error when i try to unpack "win32".

"Destination path too long"
node_modules
lib
test

The wallet starts instantly but some tabs in the wallet do not work.

Quote from: e1ghtSpace on May 14, 2015, 03:38:40 AM

I have exactly the same problem, as you can see in my post above.
Does the peers tab seem to be the only working tab for you?

The problem is that on Windows, filenames can only be up to (I think) 255 characters or so. Inside of Sia, there are a bunch of folders, so the bottom level file name is C:\Stuff\MoreStuff\Sia\Windows\resources\default_app\node_modules\grunt-download-atom-shell\node_modules\github-releases\...

Until we have a fix, it should work if you use a shorter path for C:\Stuff\... You might want to just give it it's own folder at C:\Sia.

Quote from: defunctec on May 14, 2015, 03:40:25 AM

Im shocked at how quick the wallet loads up! Is that normal?

Yes, but only because the testnet was reset a few weeks ago. There are only 1600 blocks right now and probably 400 transactions. Things will slow down as the blockchain grows.

Quote from: tyz on May 14, 2015, 06:54:12 AM

Opening post looks promising. Will it be possible to host website on the blockchain and call them through a Siacoin-like browser?
This would be awesome!

You could! It would end up like Freenet, where all pages were static. More likely though, you'd fetch webpages from a standard server, and then the embedded content (javascript libraries, images, videos, audio, etc.) would be fetched from Sia.

tyz

legendary

Activity: 3360

Merit: 1533

Opening post looks promising. Will it be possible to host website on the blockchain and call them through a Siacoin-like browser?
This would be awesome!

rich93

full member

Activity: 595

Merit: 101

Chromia - Relational Blockchain

Quote from: Taek on May 14, 2015, 03:26:44 AM

Quote from: chrysophylax on May 14, 2015, 03:10:11 AM

Quote from: Taek on May 14, 2015, 01:44:35 AM

Quote from: Cyberian Forest on May 13, 2015, 06:34:42 PM

Are we still on the testnet? I seem to be having an issue with my wallet balance... I can see that I have mined many blocks but my balance is 0 in the wallet.
I just want to make sure I'm not losing Siacoins somehow in the upgrade process. I have moved over my wallet.dat from the 0.30 to the 0.31 folder.

My apologies, we reset the testnet. Your old coins are gone (anything from sia-ui 0.2.0 or siad 0.3.0 is gone). This will happen one more time on June 7th when we release the full currency. After that point, coins are permanent.

just saw your other thread - and was pointed back here ...

seems like a good project ...

ill readup more on it ... but what is involved in teh mining of the coin when released? ...

will watch this

...

crysx

I have created a new thread here: https://bitcointalksearch.org/topic/ann-sia-decentralized-storage-1060294

Unless I am in violation of some forum rule or general etiquette, I would like to make that thread the official Sia thread. Sia has changed substantially since the original creation of this thread, and a significant amount of time has passed.

To answer your mining question, the developers are planning on mining the first 100 blocks or so. After that mining will work much like Bitcoin, anyone can mine and get the full block subsidy. All of coins mined in the first 100 blocks will be used for giveaways, public file uploading, fountains, and other community growing uses. The coins will not be used to line the developers pockets.

What percentage of the total coins will be mined by the devs in the first 100 blocks?

e1ghtSpace

legendary

Activity: 1540

Merit: 1001

Crypto since 2014

Quote from: defunctec on May 14, 2015, 03:40:25 AM

Quote from: e1ghtSpace on May 14, 2015, 03:38:40 AM

Quote from: defunctec on May 14, 2015, 03:33:45 AM

I downloaded the "win32" wallet and im promted with an error when i try to unpack "win32".

"Destination path too long"
node_modules
lib
test

The wallet starts instantly but some tabs in the wallet do not work.

I have exactly the same problem, as you can see in my post above.
Does the peers tab seem to be the only working tab for you?

Yeh, i can add names... Thats it.

Im shocked at how quick the wallet loads up! Is that normal?

I don't think you can really say "loads up" if it doesn't.

It will probably take way longer when everything actually works.

defunctec

legendary

Activity: 1092

Merit: 1000

Quote from: e1ghtSpace on May 14, 2015, 03:38:40 AM

Quote from: defunctec on May 14, 2015, 03:33:45 AM

I downloaded the "win32" wallet and im promted with an error when i try to unpack "win32".

"Destination path too long"
node_modules
lib
test

The wallet starts instantly but some tabs in the wallet do not work.

I have exactly the same problem, as you can see in my post above.
Does the peers tab seem to be the only working tab for you?

Yeh, i can add names... Thats it.

Im shocked at how quick the wallet loads up! Is that normal?

e1ghtSpace

legendary

Activity: 1540

Merit: 1001

Crypto since 2014

Quote from: defunctec on May 14, 2015, 03:33:45 AM

I downloaded the "win32" wallet and im promted with an error when i try to unpack "win32".

"Destination path too long"
node_modules
lib
test

The wallet starts instantly but some tabs in the wallet do not work.

I have exactly the same problem, as you can see in my post above.
Does the peers tab seem to be the only working tab for you?

defunctec

legendary

Activity: 1092

Merit: 1000

I downloaded the "win32" wallet and im promted with an error when i try to unpack "win32".

"Destination path too long"
node_modules
lib
test

The wallet starts instantly but some tabs in the wallet do not work.

Taek

hero member

Activity: 543

Merit: 501

Quote from: bathrobehero on May 14, 2015, 02:59:27 AM

This is interesting. The wallet seem to be based on Chrome?

Electron, a WebKit based tool for making cross platform desktop apps.

Quote from: adidas on May 14, 2015, 02:47:40 AM

Quote from: **D!ABLO** on May 14, 2015, 02:45:07 AM

Still reading. Looking for the acronym ICO.

Mee to. But i couldn´t find it. LOL
I Hope there will be no Ico in here....

What is the Max. supply of coins? 300 000 coins per block is a lot of coins.

No ICO. We are funded at this point. We've been working on Sia for 9 months now, we hope you like it.

Quote from: e1ghtSpace on May 14, 2015, 03:00:26 AM

Oh come on, the wallet doesn't even work... Sad

It seems that one of the folder's name is too long.
It also seems that delayed_stream.js is too long or something.

I think my wi-fi just sucks and corrupted the download... That would explain why it finished downloading so quickly...
The surprising thing is, the wallet actually opens but the only tab that works is the peers tab.

Unfortunately the wallet gets upset if you don't have an internet connection at startup. If there's another problem, please provide as many details as possible. It's still beta software and probably has bugs. We will try to resolve as many problems as possible by June 7th.

chrysophylax

legendary

Activity: 2912

Merit: 1091

--- ChainWorks Industries ---

Quote from: adidas on May 14, 2015, 03:05:27 AM

Old project....

https://bitcointalksearch.org/topic/sia-siafund-redemption-deadline-june-1st-2015-591283

gotcha ...

so im guessing the other thread is the 'official' one ...

#crysx

chrysophylax

legendary

Activity: 2912

Merit: 1091

--- ChainWorks Industries ---

hashing algo is blake2b ...

doesnt ccminer-spmod do that? ...

i know it does blake - but not sure about blake2b ...

whats the difference? ...

#crysx

adidas

sr. member

Activity: 448

Merit: 250

Americans do it better

Old project....

https://bitcointalksearch.org/topic/sia-siafund-redemption-deadline-june-1st-2015-591283

chrysophylax

legendary

Activity: 2912

Merit: 1091

--- ChainWorks Industries ---

interesting ...

#crysx

e1ghtSpace

legendary

Activity: 1540

Merit: 1001

Crypto since 2014

Oh come on, the wallet doesn't even work... Sad

It seems that one of the folder's name is too long.
It also seems that delayed_stream.js is too long or something.

I think my wi-fi just sucks and corrupted the download... That would explain why it finished downloading so quickly...
The surprising thing is, the wallet actually opens but the only tab that works is the peers tab.

bathrobehero

legendary

Activity: 2002

Merit: 1051

ICO? Not even once.

This is interesting. The wallet seem to be based on Chrome?

Block height is 1461. Is it live or testnet?

cintrondigital

hero member

Activity: 658

Merit: 507

Passive Income Bot Trading

Seems interesting enough to follow.

adidas

sr. member

Activity: 448

Merit: 250

Americans do it better

Quote from: **D!ABLO** on May 14, 2015, 02:45:07 AM

Still reading. Looking for the acronym ICO.

Mee to. But i couldn´t find it. LOL
I Hope there will be no Ico in here....

What is the Max. supply of coins? 300 000 coins per block is a lot of coins.

xinbinbin

full member

Activity: 196

Merit: 100

no pow?

Topic: [ANN] Sia - Decentralized Storage - page 495. (Read 1382227 times)