[ANN][COMB] Haircomb - Quantum proof, anonymity and more - page 17.

kelozar

newbie

Activity: 71

Merit: 0

Quote from: bizbiz4 on November 17, 2019, 01:20:11 PM

Is there a way to check if you have successfully claimed or not without the wallet being synced? The Comb Rewards Viewer site seems to be broken (unless it requires the wallet to be synced).

only way i was able to check is from full sync. i had it going yesterday, but i guess the commits.db didnt save so resyncing it again today.

still not 100% sure how it exactly works, since ive noticed times when i used low sat/byte and i was really far down in the block, and had many other tx's to bc1 addresses that were also p2swh txs but i still got the claim. edit: meaning other txs payed higher fee and were ontop of mine and also to bc1 addresses and also p2swh but i still got the claim

so im wondering what explorer i can use to identify which exact type of tx will work for a claim, this way i can scout previous blocks and see whats going on to somehow predict the network activity that the next block might bring.

currently i used blockstream.info

bizbiz4

newbie

Activity: 17

Merit: 0

Is there a way to check if you have successfully claimed or not without the wallet being synced? The Comb Rewards Viewer site seems to be broken (unless it requires the wallet to be synced).

kelozar

newbie

Activity: 71

Merit: 0

ive noticed when shutting down the wallet, then turning it back on, it takes a long time "sending commitments press q to shutdown x%"
is this normal? does this always take a long time when restarting the client? is there anything that can be done to speed that up? i mean after having a fully synced node, and restarting same thing takes forever to load back up

edit:
looks like forgot about this step
"general usage - shutdown

1. close bitcoin core, wait until the close window disappears.
2. go to 127.0.0.1:2121 and press safe shutdown. The wallet should close.

general usage - startup

1. start combfullui.exe
2. go to 127.0.0.1:2121, verify it is running
3. start bitcoin-qt.exe

general usage - commits.db database backup

1. shutdown bitcoin core, then safe shutdown combfullui.exe
2. copy commits.db to a backup location while the wallets are shutdown."

will make sure to copy the commits.db this time, and shut down properly.

kelozar

newbie

Activity: 71

Merit: 0

looks like from natasha previous answer that yes to send comb from one address to another 21 burnt addresses need to be funded,
though it seems it doesnt have to be a single tx, and instead can be a multiple output tx, so funding 21 burnt addresses can be sending and receiving of multiple addresses,

yes we are early, Wink

bizbiz4

newbie

Activity: 17

Merit: 0

Quote from: kelozar on November 16, 2019, 12:38:18 PM

what do you think is a fair price? how bout 50k sats

edit2: what happens to a failed attempt? i see the mining address is not shown in the wallet anymore, can i still use the same mining address to try again?
or only can use a new one?

Maybe some paid much less in fees so someone might sell for cheaper. I'd like to buy some Comb too but it seems we're pretty early.

You can't use the same mining address twice even if the first claim was unsuccessful. I wasted some btc attempting it (sent about 40txs, lol). And if someone else (a non Comb address) claims the Comb from the block then that Comb is burned since they can't access it. I think the best way to claim is by checking the mempool for the highest fee and then paying more than it, so if you know of any good sites to check for that then I'm interested to hear it.

Did you find out if when sending 1 Comb you have to send 546 sats to 21 addresses by the way? Pretty interesting if so because every time Comb is sent then BTC would be burnt simultaneously. I haven't tried to send any yet.

kelozar

newbie

Activity: 71

Merit: 0

Quote from: bizbiz4 on November 16, 2019, 12:04:49 PM

Quote from: kelozar on November 16, 2019, 11:29:53 AM

im looking to buy some comb, if anyone would be nice to sell some let me know, we can use an escrow if needed,
5k-10k sats per comb depending on amount, can also neg a better rate depending on quantity

Pretty sure it costs more than that in fees to claim.

what do you think is a fair price? how bout 50k sats

edit: come to think of it, small transfers wouldnt be worth atm since alot of it would be to fees.
might have to just continue my luck on claiming instead.

edit2: what happens to a failed attempt? i see the mining address is not shown in the wallet anymore, can i still use the same mining address to try again?
or only can use a new one?

bizbiz4

newbie

Activity: 17

Merit: 0

Quote from: kelozar on November 16, 2019, 11:29:53 AM

im looking to buy some comb, if anyone would be nice to sell some let me know, we can use an escrow if needed,
5k-10k sats per comb depending on amount, can also neg a better rate depending on quantity

Pretty sure it costs more than that in fees to claim.

kelozar

newbie

Activity: 71

Merit: 0

im looking to buy some comb, if anyone would be nice to sell some let me know, we can use an escrow if needed,
5k-10k sats per comb depending on amount, can also neg a better rate depending on quantity

bizbiz4

newbie

Activity: 17

Merit: 0

Quote from: kelozar on November 15, 2019, 05:45:33 PM

im curious on how the supply mechanics of this comb token works, does the amount per claim change?

Don't know the mechanics of how or why it changes but the amount per claim seems to change slightly.

1.59906193   COMB
1.59906156   COMB
1.59906118   COMB

The last 4 digits at least. If you mean over time like halvening then I'm not sure

Edit: Read the whitepaper again.

"The supply has 8 decimal places, reward decreases at a subexponential rate. System scales with the number of inputs spent multiplied by the size of one signature (21 hashes). Using a Merkle tree segment signer can route coin to one of 65536 outputs by revealing two commitments (2 hashes), enabling atomic swaps and other constructs."

kelozar

newbie

Activity: 71

Merit: 0

the implications on if this actually takes off, this can be really huge for bitcoin.
one is that it will be a further btc sink, as if the 546 sat txs are actually verifiably burnt, then thats great for overall deflation of btc!
2nd is that, this can create a more competitive tx fee market, even if just for 1 claim per block, it can put a staple for atleast 1 tx pet block to have a higher fee, overall this helps support the security of the btc network since it helps create market for layer one fees.

im curious to see more prominent btc devs say on this project. as this could be a potentially huge advancement, having totally anonymous transfer on btc first layer, and creating further deflation, and ontop of that helping create a higher fee market, its a win win in every direction for btc. (atleast in my opinion)

if this takes off, we might even see different flavors of such tokens on the network, further increasing deflation, and also further creating more market for fees.
higher fees is essential imo for btc security long term.

im curious on how the supply mechanics of this comb token works, does the amount per claim change?

bizbiz4

newbie

Activity: 17

Merit: 0

Quote from: kelozar on November 15, 2019, 04:04:05 PM

Quote from: bizbiz4 on November 15, 2019, 03:38:23 PM

What's the most efficient way to claim COMB?
I've been trying to claim some but the wallet hasn't synced yet still so I can't see if I've successfully claimed any, but I generated a bunch of addresses in the wallet then used 'pay to many' to send 546 sats to each mining address, with a decent fee. Is there a better way? Huh

as far as i can understand, only 1 claim per block, and your tx has to be the first bc1 tx in the block to get the claim.
so claiming several in 1 tx wont work.
the best way would be when the blocks are more empty, and the sat/byte for the first bc1 tx is cheaper. you can also scout the mempool and overcut the highest bc1 tx so yours can be first. (this is because most miners put the tx's in order of highest fee first)
so ideally when the mempool is empty or more specifically bc1 tx are really cheap sat/byte then you can attempt to claim once per block.
if your tx is the first bc1 tx in the block then i understand your claim should be successful.

natasha can chime in and explain if im correct or not.

ive noticed some irregular mempool activity today, and some of those where tx's of 546 sats to bc1 addresses, coming from a binance wallet.
so seems like someone attempted to claim or it could of been them moving combs since that would require sending to 21 addresses.

im still learning myself, so feel free to correct me, just sharing what i think is going on.

For some reason I thought you only had to outbid another Comb claimer for the fee to be first in the block but I just realised there would be no way to tell the difference between them right? But that sounds like it could get expensive since some people use high fees. I just used the slider on Electrum and ended up paying between 0.50 and $5 per tx. And yeah I saw the mempool thing too but seems unlikely since they moved so much?
Ah, I tried claiming some anyway I guess I'll just wait for the faucet if there ever is one unless anyone is selling then I will buy some. Guess we'll see what happens

kelozar

newbie

Activity: 71

Merit: 0

Quote from: bizbiz4 on November 15, 2019, 03:38:23 PM

What's the most efficient way to claim COMB?
I've been trying to claim some but the wallet hasn't synced yet still so I can't see if I've successfully claimed any, but I generated a bunch of addresses in the wallet then used 'pay to many' to send 546 sats to each mining address, with a decent fee. Is there a better way? Huh

as far as i can understand, only 1 claim per block, and your tx has to be the first bc1 tx in the block to get the claim.
so claiming several in 1 tx wont work.
the best way would be when the blocks are more empty, and the sat/byte for the first bc1 tx is cheaper. you can also scout the mempool and overcut the highest bc1 tx so yours can be first. (this is because most miners put the tx's in order of highest fee first)
so ideally when the mempool is empty or more specifically bc1 tx are really cheap sat/byte then you can attempt to claim once per block.
if your tx is the first bc1 tx in the block then i understand your claim should be successful.

natasha can chime in and explain if im correct or not.

ive noticed some irregular mempool activity today, and some of those where tx's of 546 sats to bc1 addresses, coming from a binance wallet.
so seems like someone attempted to claim or it could of been them moving combs since that would require sending to 21 addresses.

im still learning myself, so feel free to correct me, just sharing what i think is going on.

bizbiz4

newbie

Activity: 17

Merit: 0

What's the most efficient way to claim COMB?
I've been trying to claim some but the wallet hasn't synced yet still so I can't see if I've successfully claimed any, but I generated a bunch of addresses in the wallet then used 'pay to many' to send 546 sats to each mining address, with a decent fee. Is there a better way? Huh

natasha-otomoski

copper member

Activity: 82

Merit: 5

Quote from: new@age on November 14, 2019, 12:24:51 AM

COMB is mineable?

COMB is claimable on the Bitcoin main network. If the project becomes successful, will be mineable by using a generic SHA256d hardware in a specific Bitcoin pool that pays out COMB rewards.

Quote from: bizbiz4 on November 14, 2019, 01:26:12 AM

Anyone tested the wallet?

Yes, I've tested it very thoroughly. Multiple people are running it as we speak.

I did not plant any backdoor / malware / phone home functionality. It simply opens a web server on 127.0.0.1:2121 and reads/writes files in it's current folder that's all it does.

You can use your favourite sandbox/virtualization.

If you are worried about phone home you can run it offline. You only need commits.db all signing/payments/validation can be done purely offline.

I don't care

bizbiz4

newbie

Activity: 17

Merit: 0

Anyone tested the wallet?

new@age

newbie

Activity: 96

Merit: 0

COMB is mineable?

natasha-otomoski

copper member

Activity: 82

Merit: 5

Quote from: albertorm2 on November 11, 2019, 07:01:43 PM

Sorry If I am missunderstanding anything. I was about to send some comb to a friend of mine. Just as the whitepaper says, I had to pay 546 satoshi to each of these 21 numbers. This plus the fees makes the transaction fees too high.

Hello, we take scaling very seriously. Truth is users pay Bitcoin fees for their transfers, and you need to fund 21 addresses to confirm payment.

The good thing is anyone can pay to huge number of addresses, using one payment, at once, by using liquidity stacks. This is not only an idea, it is actually implemented and working (but not user friendly).

The way it works with 2 receivers is this:

Suppose you want to pay 2 users AAA BBB each 0.1 COMB Your change address is DDD.

So you create 2 liquidity stack entries the first uses DDD AAA addresses and pays to AAA 10000000 smallest units. The address of first liquidity stack becomes EEE.

Next you create another liquidity stack entry that uses EEE , BBB addresses and pays to BBB 10000000 smallest units. The address of this stack becomes then FFF.

And then you fund FFF stack using your comb.

This scales to any number of receivers, using one payment.

Quote from: albertorm2 on November 11, 2019, 07:01:43 PM

How can that scale? Am I missing something? How are we going to get a functional faucet?

I'm very proud about how scalable COMB is. Faucet/exchange is going to pay out a huge batch of COMB every hour/day and confirm tons of payments by funding 21 addresses once a hour/day.

Hope that helps.

albertorm2

newbie

Activity: 51

Merit: 0

Sorry If I am missunderstanding anything. I was about to send some comb to a friend of mine. Just as the whitepaper says, I had to pay 546 satoshi to each of these 21 numbers. This plus the fees makes the transaction fees too high.

How can that scale? Am I missing something? How are we going to get a functional faucet?

kelozar

newbie

Activity: 71

Merit: 0

Quote from: TimeWarperHH on November 11, 2019, 01:38:10 PM

Are they any technical requirements to claim COMB? Can I claim also with a normal desktop PC with Win10?

claiming these comb is as easy as sending a 546 sats to a bc1 segwit address generated as the miner address and being the first in the block to make such a tx, this can be done from any segwit wallets.
but to see the comb in your wallet and to send them, you need to run a full node btc client modified. there is instructions for that above.

if anyone willing to start claiming comb, im interested to buy some for 1k sats per claim. can possibly negotiate a price

TimeWarperHH

newbie

Activity: 1

Merit: 0

Are they any technical requirements to claim COMB? Can I claim also with a normal desktop PC with Win10?

Topic: [ANN][COMB] Haircomb - Quantum proof, anonymity and more - page 17. (Read 7254 times)