Topic: [ANN][ECA] Electra ⚡ | POS 3.0e | Super Rewards Bonanza - page 117. (Read 144299 times)

Buy&hold

Coinsmarkets it the worst exchange i've ever seen. From it's poor ui to it's ridiculous ux and high withdraw fees. It would be great to have ECA listed at at least 1 other exchange.

ANNOUNCEMENT

 It is my utmost priority to have another exchange available for our users before the closure of Novaexchange happens.

Ubuntu 12.04 and later have packages for libdb5.1-dev and libdb5.1++-dev, but using these will break binary wallet compatibility, and is not recommended.

sudo add-apt-repository ppa:bitcoin/bitcoin
sudo apt-get update

sudo apt-get upgrade

sudo apt-get install git build-essential libssl-dev libdb4.8-dev libdb4.8++-dev libboost-all-dev libminiupnpc-dev qt5-default qt5-qmake qtbase5-dev-tools qttools5-dev-tools

mkdir ~/src
cd ~/src
git clone https://github.com/electra01/Electra
cd ~/src/Electra

qmake
make

./Electra-qt

Hey! I compiled the Electra wallet several times, so i could help you. Their source code lacks the documentation, but i compiled similar wallets before, so it is not hard for me. Do you need help from the very beginning?

Hi,

Could anyone please let me know where i can find a wallet that will run on Ubuntu 16.04.
I have no idea how to compile, but if anyone has the github links and can walk me through it, i will happily try compiling.

Thanks
J

For those who can't get there wallet to sync, don't forget to create the electra.conf file in the appdata folder for electra and add the nodelist given in the OP.
I wondered why it was not syncing and noticed there was no conf file present in that folder.
So I created it and added all nodes to it. Now syncing is lighting fast and almost ready to add my coins to the wallet.

Each input starts counting for stake (earning weight) 24 hours after its creation. Block reward is 1/730 of the CoinDays redeemed – that includes the first 24 hours. Each input that earns reward within  the first 11 days after its creation is split at output (including block reward) in 2 new inputs of equal size. There is a possibility to auto-merge inputs at reward, but this has been observed only for very small inputs. All inputs that get reward are rewarded for the full coin-age – irrespective of how long the wallet has been offline. There is no maximal coin age to get reward (AFAIK).

There seems to be an inbuild bias towards slowing down reward – frequently smaller inputs that get less reward, or relatively young inputs that can still be split, are rewarded earlier than those within the same wallet that would get more reward. This was probably designed that way to create a sufficient supply of staking nodes and keep the network weight high.

Some of the best performers among stakers seem to have only a small number of inputs and keep their wallet offline for some time (>11 days). This tendency seems to have increased recently, so that the network weight actually declined.(at least for some time) This tactic, of course, runs against the purpose of staking, because it reduces the number of nodes that are actually active.

This is a field where I really see a necessity of some technical improvement: Reduce maximum age for splitting (e.g. <3 days) – introduce auto merging of older inputs (e.g. >9 days) – and exclude inputs that are mostly offline from reward (e.g. all inputs with more than 30 days coin age – a transition period of a few thousand blocks would be required here). A further area of technical improvement is the block time – while the OP states that the target is 288 / day, we rarely get >210, although many inputs are expecting reward. It seems that there is a flaw in the difficulty adjustment formula, which increases fast – but decreases slow, and thus often leads to large distances between blocks – up to one hour. Here I’d suggest to keep the adjustment for every block, but not calculated from the last block, but from a rolling average (let’s say 12 blocks / one hour back).

How many coins in the wallet should ripen, more than 12 confirmations and writes that there are no mature coins.