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Just so everyone knows...we are going to keep what we have going on right now, for a little while at least
This was caused by a protocol switch. I had intended to set the timestamp to Christmas of 2020, but instead did Christmas of this year. I messed up one entry in the entire coin; sucks, but it happens. However, while unintended, I think we are going to leave it as it is. The reasons are simple
1) We already have hardware units shipped out that are staking with the current code. Forcing them to update within a month of getting their unit could compromise their staking time if they don't see it right away, which completely eliminates the purpose of the Snowball Staking Hardware
2) People are still staking. Blocks are still flowing. The network hasn't come to a halt, so no immediate emergency
3) I've done some math on what greater affect this will have on the coin. I believe it will increase blockchain security with the new calculation method, while giving us yet another tool to use for inflation control by changing how stake weight is calculated. Stake rate remains unchanged once you start staking; the change has affected when you start, not how you stake
4) I don't feel like dealing with people who get left behind because they didn't update. Somehow this is always my fault to people and I just don't want to deal with it again
What is this coin now?Good question. From my understanding, the way stake weight is calculated has changed. I moved all my coins yesterday before finding this, so I will be able to tell you guys how long it takes to mature from nothing now. It would appear that maturity time has been increased, but once you start staking, you're in the same boat you were before Christmas. It would also appear that you actually start gaining coinage after 24 hours, but will not stake immediately. This is where the analysis takes two turns. I am under the impression that it will now require 30 days for coins to mature, while the other person assessing the situation with me doesn't think it will affect maturity times or stake rate too much, so I guess we will see what happens. If people weren't staking and the network halted, I would fork it immediately, but since neither of those has happened, I think we will roll with it for the time being. I will update the OP to be more accurate once we have more data to analyze. We also seem to be ignoring max coinage, which, again, will need to be verified by further analysis a month from now since I just reset my coinage yesterday to try debugging what other people were experiencing
My suggestion:If you are actively staking, don't move your coins. If you haven't staked since the week before Christmas, I recommend moving them once as soon as possible, then not moving them ever again
I'm expecting a lot of negative feedback for this decision, but it is no secret BALLS was created for the sole purpose of helping us with Snowball Staking Hardware and customers of those units. Without alienating a good portion of our customer base with a hard fork, I am choosing to go down a path that ensures people using our hardware are not negatively impacted by having to update / chance of not updating and losing coins
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) too much yet.
