staisybit seems to come active again which solve small stakeholder issues
Energycoin wallet is active already!
https://api.staisybit.com/v1/public/currencies
Greetz
Steve
Topic: [ANN][ENRG]Energycoin since 2014, a coin with a green mission [new client v1.61] - page 75. (Read 172933 times)
May 01, 2016, 02:51:25 PM
Energycoin wallet is active already!
https://api.staisybit.com/v1/public/currencies
Greetz
Steve
May 01, 2016, 02:26:05 PM
staisybit seems to come active again which solve small stakeholder issues
lets give some positive feedback:
regarding the codepart ENRG uses for set splitstaketreshhold i did even promote it at other coins
because i like it
special that it store the value in wallet.dat
so even a wallet without any conf file could use it
lets give some positive feedback:
regarding the codepart ENRG uses for set splitstaketreshhold i did even promote it at other coins
because i like it
special that it store the value in wallet.dat
so even a wallet without any conf file could use it
May 01, 2016, 11:51:23 AM
zero offline weight gathering total fucks up casual staking = small stakeholder
no growth of weight is not good and reduce minting chance for small stakeholder even more
ideal is a 1:3 up to 1:5 factor of min age max age for weight calculation
so in ur case with 1 day min age u can easy let coin pile gather weight up to 4 to 5 days
but if we consider that a non forking small change of adjust splittreshhhold
did create lot fruitless discussions
a hardfork required change i think we can stop now to discuss already
and face the fact that ENRG staking is just for people who able join in with 100k+
less really make no sence stake 24/7
and casual staking make no sence if coins dont gather weight at least a few days
no growth of weight is not good and reduce minting chance for small stakeholder even more
ideal is a 1:3 up to 1:5 factor of min age max age for weight calculation
so in ur case with 1 day min age u can easy let coin pile gather weight up to 4 to 5 days
but if we consider that a non forking small change of adjust splittreshhhold
did create lot fruitless discussions
a hardfork required change i think we can stop now to discuss already
and face the fact that ENRG staking is just for people who able join in with 100k+
less really make no sence stake 24/7
and casual staking make no sence if coins dont gather weight at least a few days
Hello cryptonit,
You are right adding offline weight will require a hardfork. And adding offline weight will also discourage people staking 24/7. This will impair network security.
In fact, we still have a fair minting chance for small holders with less than 100K. A quick check on our blockchain explorer shows me this, this, this and some more.
Blockchain can't lie. But small holders just need to be online more to get more PoS rewards.
Small holders similar to jalmari, however, do need some luck as I mentioned before.
Peter
April 30, 2016, 03:54:49 PM
zero offline weight gathering total fucks up casual staking = small stakeholder
no growth of weight is not good and reduce minting chance for small stakeholder even more
ideal is a 1:3 up to 1:5 factor of min age max age for weight calculation
so in ur case with 1 day min age u can easy let coin pile gather weight up to 4 to 5 days
but if we consider that a non forking small change of adjust splittreshhhold
did create lot fruitless discussions
a hardfork required change i think we can stop now to discuss already
and face the fact that ENRG staking is just for people who able join in with 100k+
less really make no sence stake 24/7
and casual staking make no sence if coins dont gather weight at least a few days
no growth of weight is not good and reduce minting chance for small stakeholder even more
ideal is a 1:3 up to 1:5 factor of min age max age for weight calculation
so in ur case with 1 day min age u can easy let coin pile gather weight up to 4 to 5 days
but if we consider that a non forking small change of adjust splittreshhhold
did create lot fruitless discussions
a hardfork required change i think we can stop now to discuss already
and face the fact that ENRG staking is just for people who able join in with 100k+
less really make no sence stake 24/7
and casual staking make no sence if coins dont gather weight at least a few days
April 30, 2016, 09:50:52 AM
I am not sure this current system attracts us with less coins when there is no ageing, or have I understood something wrong here?
there is ageing
but it have no impact on rewards just on chance to mint a block
so as a tiny investor who only have one 1000 ENRG block
it still make sence to open wallet at least once a month
because then his 1000 ENRG block have same weight as a 30000 ENRG block after 1 day
(this is true if they didnt change the timeframe weight can grow which is at most coins at 30 days
(to lazy check code now))
I have understood that they have changed this timeframe in this new version. In the previous version the weight did grow, but now it is approx. the amount of coins at max.
You are right jalmari. The staking weight formula has been changed since block height 2.1m.
Now your total staking weight should be equal to your total amount of coins once they all pass the minimum stake age of 24 hours.
In old days, before block height 2.1m, someone could accumulate enough coinage and attack the network even he owned only a small amount of coins. Now similar attack is almost impossible.
Peter
April 30, 2016, 09:47:58 AM
at home im testing
a 88€ windows 10 tablet with 2 GB ram
versus
a raspi2 with rokos with 1 GB ram
i have to say bang for the buck
the cheap tablet beat a raspi solution always
and because of the 2gb ram u can run more wallets
and once u stop ur crypto hobby staking coins with low power devices
u can give it ur kids or grandkids as youtube or playing games device....
to make a rokos raspi a winner here i think it need to provide added value
to counter the tablet have
full windows 10
7" touchscreen
2GB ram
wlan bluetooth OTG USB
a 88€ windows 10 tablet with 2 GB ram
versus
a raspi2 with rokos with 1 GB ram
i have to say bang for the buck
the cheap tablet beat a raspi solution always
and because of the 2gb ram u can run more wallets
and once u stop ur crypto hobby staking coins with low power devices
u can give it ur kids or grandkids as youtube or playing games device....
to make a rokos raspi a winner here i think it need to provide added value
to counter the tablet have
full windows 10
7" touchscreen
2GB ram
wlan bluetooth OTG USB
Hello cryptonit,
Nice testing and comparison.
1GB RAM is just too small for running multiple wallets.
Here you can see some more CPU and RAM performance comparison charts for a similar product: http://www.hardkernel.com/main/products/prdt_info.php
That ODROID-C2 also has 2GB DDR3 RAM.
Peter
April 30, 2016, 07:23:34 AM
I am not sure this current system attracts us with less coins when there is no ageing, or have I understood something wrong here?
there is ageing
but it have no impact on rewards just on chance to mint a block
so as a tiny investor who only have one 1000 ENRG block
it still make sence to open wallet at least once a month
because then his 1000 ENRG block have same weight as a 30000 ENRG block after 1 day
(this is true if they didnt change the timeframe weight can grow which is at most coins at 30 days
(to lazy check code now))
I have understood that they have changed this timeframe in this new version. In the previous version the weight did grow, but now it is approx. the amount of coins at max.
April 30, 2016, 07:20:54 AM
Btw, if I would circulate all my coins thru another wallet e.g. an exchange, would it increase the probability to mint?
Hello jalmari,
If you mean you want to combine all your coins, you don't need to use an exchange at all.
You can create a new address inside your EnergyCoin client, and then send all your coins to that address in one go, generally using "Send coins" in GUI or the command "sendtoaddress" in console.
Remember to backup your wallet everytime you create any new address.
There is a even better way. You can custom your stake size using our new "sendsplit" function. Similar to what Brian has done: https://chainz.cryptoid.info/enrg/tx.dws?4238637.htm
For example, if you want to make your stake size 9888 x 10 (just an example) and you have more than 98880 ENRG in your wallet, run in console:
Code:
sendsplit eXXXXXXXXXXXXXXXXXXXXXXXX '{"count":10,"amount":9888}'
where eXXXXXXXXXXXXXXXXXXXXXXXX is your new ENRG address.
Then if you don't want to split too often, run in console:
Code:
stakesplitthreshold 5000
Peter
Thanks for the advice, I have to test these...
April 29, 2016, 04:40:17 PM
I am not sure this current system attracts us with less coins when there is no ageing, or have I understood something wrong here?
there is ageing
but it have no impact on rewards just on chance to mint a block
so as a tiny investor who only have one 1000 ENRG block
it still make sence to open wallet at least once a month
because then his 1000 ENRG block have same weight as a 30000 ENRG block after 1 day
(this is true if they didnt change the timeframe weight can grow which is at most coins at 30 days
(to lazy check code now))
April 29, 2016, 10:38:42 AM
Btw, if I would circulate all my coins thru another wallet e.g. an exchange, would it increase the probability to mint?
Hello jalmari,
If you mean you want to combine all your coins, you don't need to use an exchange at all.
You can create a new address inside your EnergyCoin client, and then send all your coins to that address in one go, generally using "Send coins" in GUI or the command "sendtoaddress" in console.
Remember to backup your wallet everytime you create any new address.
There is a even better way. You can custom your stake size using our new "sendsplit" function. Similar to what Brian has done: https://chainz.cryptoid.info/enrg/tx.dws?4238637.htm
For example, if you want to make your stake size 9888 x 10 (just an example) and you have more than 98880 ENRG in your wallet, run in console:
Code:
sendsplit eXXXXXXXXXXXXXXXXXXXXXXXX '{"count":10,"amount":9888}'
where eXXXXXXXXXXXXXXXXXXXXXXXX is your new ENRG address.
Then if you don't want to split too often, run in console:
Code:
setstakesplitthreshold 5000
Peter
April 29, 2016, 10:26:20 AM
EnergyCoin Foundation community fund is now splited into blocks of 9888 coins to a new address.
The split size is set to 5000 what means that they split when they reach 10k.
So we can end the discussion and continue in positive direction.
Brian
The split size is set to 5000 what means that they split when they reach 10k.
So we can end the discussion and continue in positive direction.
Brian
well done
this way 10 million active coins play by same rules as everyone else
thx
if and how to adapt rules later on
is then not so important if no one is excluded from it
I dont know if it is related to this discussion as I cannot follow the details, but since the new client (1.5) it has been very difficult for me to mint new coins.
Unfortunately I cannot keep my wallet open all the time, but I open it every day for a couple of hours. Before the update I always managed to mint something and now it can several days in between.
So, for me the update is not encouraging to stake but vice versa.
Hello jalmari,
Since we put v1.5 in place to combat inflation, similar number of users are now competing for lower amount of available PoS rewards. Thus it is reasonable to say, on average, everyone should get more difficult to mint new blocks after the change.
But if you have tried most other coins adopting similar fixed PoS design, you should find them much more difficult to mint new blocks as a smaller holder. If you compare ENRG with those other coins, smaller holders not running wallets 24/7 but still being able to mint new blocks some alternative days is already not too bad.
If your wallet really can't run 24/7, you do need some luck to mint new blocks more often. It is possible the difficulty is still too high for you during the couple of hours you can run your wallet. But in fact, difficulty should get lower multiple times each day, because we have a minimum stake age of 24 hours and thus even the largest holders can't mint non-stop.
That why I'd say the update is encouraging people keep staking 24/7.
Peter
April 29, 2016, 10:21:09 AM
EnergyCoin Foundation community fund is now splited into blocks of 9888 coins to a new address.
The split size is set to 5000 what means that they split when they reach 10k.
So we can end the discussion and continue in positive direction.
Brian
The split size is set to 5000 what means that they split when they reach 10k.
So we can end the discussion and continue in positive direction.
Brian
Hello Brian,
Thanks for doing this. Glad to see our discussion reaches a happy ending. I also agree that further change in rules is not so important now.
Let's move on together to make this coin a bigger success.
Peter
April 29, 2016, 09:08:13 AM
Btw, if I would circulate all my coins thru another wallet e.g. an exchange, would it increase the probability to mint?
April 29, 2016, 08:57:29 AM
EnergyCoin Foundation community fund is now splited into blocks of 9888 coins to a new address.
The split size is set to 5000 what means that they split when they reach 10k.
So we can end the discussion and continue in positive direction.
Brian
The split size is set to 5000 what means that they split when they reach 10k.
So we can end the discussion and continue in positive direction.
Brian
well done
this way 10 million active coins play by same rules as everyone else
thx
if and how to adapt rules later on
is then not so important if no one is excluded from it
I dont know if it is related to this discussion as I cannot follow the details, but since the new client (1.5) it has been very difficult for me to mint new coins.
Unfortunately I cannot keep my wallet open all the time, but I open it every day for a couple of hours. Before the update I always managed to mint something and now it can several days in between.
So, for me the update is not encouraging to stake but vice versa.
I understand this. But technically. Before update you where getting you stake coins but not really securing the network. A POS coin needs that a good ratio of holders have their wallets staking 24/7.
So nothing against you. But before you where getting coins, and not securing the network.
Now. You can consider it's the same for you. As the coin have much lowered inflation. I think it's economically quite the same.
Hope you will be abble to stake 24/7 one day.
You should consider a raspberry pi with rokos to have your wallet staking all time for low energy usage and low hardware investment.
I understand your point, but I dont fully agree. I think that I am securing network even if I am not staking 24/7, I am still staking everyday.
Also, I am not sure this current system attracts us with less coins when there is no ageing, or have I understood something wrong here?
April 29, 2016, 07:45:00 AM
at home im testing
a 88€ windows 10 tablet with 2 GB ram
versus
a raspi2 with rokos with 1 GB ram
i have to say bang for the buck
the cheap tablet beat a raspi solution always
and because of the 2gb ram u can run more wallets
and once u stop ur crypto hobby staking coins with low power devices
u can give it ur kids or grandkids as youtube or playing games device....
to make a rokos raspi a winner here i think it need to provide added value
to counter the tablet have
full windows 10
7" touchscreen
2GB ram
wlan bluetooth OTG USB
a 88€ windows 10 tablet with 2 GB ram
versus
a raspi2 with rokos with 1 GB ram
i have to say bang for the buck
the cheap tablet beat a raspi solution always
and because of the 2gb ram u can run more wallets
and once u stop ur crypto hobby staking coins with low power devices
u can give it ur kids or grandkids as youtube or playing games device....
to make a rokos raspi a winner here i think it need to provide added value
to counter the tablet have
full windows 10
7" touchscreen
2GB ram
wlan bluetooth OTG USB
April 29, 2016, 04:08:01 AM
if it is related to this discussion as I cannot follow the details, but since the new client (1.5) it has been very difficult for me to mint new coins.
Unfortunately I cannot keep my wallet open all the time, but I open it every day for a couple of hours. Before the update I always managed to mint something and now it can several days in between.
So, for me the update is not encouraging to stake but vice versa.
Unfortunately I cannot keep my wallet open all the time, but I open it every day for a couple of hours. Before the update I always managed to mint something and now it can several days in between.
So, for me the update is not encouraging to stake but vice versa.
u need to structure coins pile in a good size via the sendsplit console command
and u need in conf the setting that make sure coins dont split to low
a easy step by step guide for this two steps should be provided by ENRG team
or and that would be even better make better default settings
and provide a simple split button in gui
the less power user knowledge is needed to use something effectiv
the more normal users will be able take part without disadvantage
April 29, 2016, 01:03:26 AM
EnergyCoin Foundation community fund is now splited into blocks of 9888 coins to a new address.
The split size is set to 5000 what means that they split when they reach 10k.
So we can end the discussion and continue in positive direction.
Brian
The split size is set to 5000 what means that they split when they reach 10k.
So we can end the discussion and continue in positive direction.
Brian
well done
this way 10 million active coins play by same rules as everyone else
thx
if and how to adapt rules later on
is then not so important if no one is excluded from it
I dont know if it is related to this discussion as I cannot follow the details, but since the new client (1.5) it has been very difficult for me to mint new coins.
Unfortunately I cannot keep my wallet open all the time, but I open it every day for a couple of hours. Before the update I always managed to mint something and now it can several days in between.
So, for me the update is not encouraging to stake but vice versa.
April 28, 2016, 04:03:04 PM
EnergyCoin Foundation community fund is now splited into blocks of 9888 coins to a new address.
The split size is set to 5000 what means that they split when they reach 10k.
So we can end the discussion and continue in positive direction.
Brian
The split size is set to 5000 what means that they split when they reach 10k.
So we can end the discussion and continue in positive direction.
Brian
well done
this way 10 million active coins play by same rules as everyone else
thx
if and how to adapt rules later on
is then not so important if no one is excluded from it
April 28, 2016, 03:10:17 PM
EnergyCoin Foundation community fund is now splited into blocks of 9888 coins to a new address.
The split size is set to 5000 what means that they split when they reach 10k.
So we can end the discussion and continue in positive direction.
Brian
The split size is set to 5000 what means that they split when they reach 10k.
So we can end the discussion and continue in positive direction.
Brian
April 28, 2016, 05:35:56 AM
as u said u not that familar with POS coins
i am
and that code part about split and merge coins is full adjustable
even on a private compiled wallet that will stay full compatible with main network
when u mint a block other wallets just verify if u beat the POS difficulty = valid found a block
and all the coin pile u submit are above min age and all the rewards u claim fit to coin ruleset
the coin pile size and how many coin piles u submit at once is just decided by local wallet
even the target address where the POS rewards are send too
i dont like to use empty phrases like 99% of cryptocoin code is not adjustable
if in fact i already explained the part we talking about belong to the other 1%
we NOT talk here about a hardfork change
i am
and that code part about split and merge coins is full adjustable
even on a private compiled wallet that will stay full compatible with main network
when u mint a block other wallets just verify if u beat the POS difficulty = valid found a block
and all the coin pile u submit are above min age and all the rewards u claim fit to coin ruleset
the coin pile size and how many coin piles u submit at once is just decided by local wallet
even the target address where the POS rewards are send too
i dont like to use empty phrases like 99% of cryptocoin code is not adjustable
if in fact i already explained the part we talking about belong to the other 1%
we NOT talk here about a hardfork change
Hello cryptonit,
Clarification: What I mean is that only a very few settings are coded as configurable in console or GUI. Even for those configurable settings, we don't get complete freedom entering any random value we like. That was my main point, generally speaking, crypto is not something that can represent freedom.
Please, let's not argue who is more familiar with PoS, and whether the split and merge parts are adjustable or not. It is too obvious these parts must be adjustable, or else why we need to raise a discussion here?
Calm down please.
And let's focus on discussing the pros and cons of changing the threshold we are talking about. Thank you. Peter
Jump to: