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Topic: [ANN][LOC]UPDATE V1.4.5 OUT!! LOCO|Quark|PoW/PoS|HiPos|Masternodes|Tor[LOC][ANN] - page 62. (Read 88708 times)

sr. member
Activity: 306
Merit: 250
How many hours aprox. to get 1440 confirmations?
sr. member
Activity: 266
Merit: 266
Yeah I just tried to read how to use coin control and it's way over my head. I guess I won't be able to stake at the 5000 block for a while... this sucks. I made sure I transferred those coins 12 hours before block 5000 too.

My wallet is unlocked for staking and has been for a while too.

In your wallet go to "settings" >> "options">>"display"
and ticket "display coin control features">>apply>>accept
then go to to the send tab in your wallet now you will see a new box named "coin control features", click the button "Inputs", now you will see a list with all the input to your wallet in your case there should be a lot of 20 LOC inputs, select them all and press OK, now you will see some numbers under the Inputs button, right click on the "After Fee" number and select "copy after fee", paste that on the amount box and put an address of your wallet (to send the input to yourself) now push the send button and accept the fee and that stuff, you will now see a message indicating "payment to yourself" wait a couple of minuted until the transaction get the confirmations now in the tab "send" check your Input and you should see just one large input instead of many little inputs, that all you need to do.


OMG I DID ITT WOWW. that was easy. I think I'm starting to understand this now. So different than mining!
legendary
Activity: 1638
Merit: 1036
ok, can confirm it stakes according to the first formula.
BUT, in OP it says 6 hours to start, actually it takes not hours but 1440 confirmations.
my test tx was cold as ice after 6 hours for hours, and ignited for staking exactly after 1440 conf, it took ~21 hours

https://github.com/LGLoco/Loco/blob/master/src/main.cpp#L2202

which means no matter what a smart ass i am, i can only stake the same tx twice in every POS 2500-block interval, at best


yah.
Code:
nStakeMinConfirmations = 1440;

https://github.com/LGLoco/Loco/blob/master/src/main.cpp#L2223

looks like won't stake for 1440 conf, and with hi-pos periods being divided into 2500 block sections, only one obvious stake per section.

with luck will get two in the first mega rewards Cheesy
sr. member
Activity: 306
Merit: 250
Yeah I just tried to read how to use coin control and it's way over my head. I guess I won't be able to stake at the 5000 block for a while... this sucks. I made sure I transferred those coins 12 hours before block 5000 too.

My wallet is unlocked for staking and has been for a while too.

In your wallet go to "settings" >> "options">>"display"
and ticket "display coin control features">>apply>>accept
then go to to the send tab in your wallet now you will see a new box named "coin control features", click the button "Inputs", now you will see a list with all the input to your wallet in your case there should be a lot of 20 LOC inputs, select them all and press OK, now you will see some numbers under the Inputs button, right click on the "After Fee" number and select "copy after fee", paste that on the amount box and put an address of your wallet (to send the input to yourself) now push the send button and accept the fee and that stuff, you will now see a message indicating "payment to yourself" wait a couple of minuted until the transaction get the confirmations now in the tab "send" check your Input and you should see just one large input instead of many little inputs, that all you need to do.
sr. member
Activity: 266
Merit: 266
Yeah I just tried to read how to use coin control and it's way over my head. I guess I won't be able to stake at the 5000 block for a while... this sucks. I made sure I transferred those coins 12 hours before block 5000 too.

My wallet is unlocked for staking and has been for a while too.
sr. member
Activity: 266
Merit: 266
The dev wrote:

We would say the easiest way for this is if you use coin control to put that amount into one and

send it yourself and/or use an exchange to withdraw that amount to your address ie send 30,000

coins exactly to your masternode wallet.

---

can I simply send this to novaexchange then back to me then and it will have the same affect as using coincontrol? I honestly don't want to have to do through extra steps with coin control as this is very new to me already working with staking.
sr. member
Activity: 266
Merit: 266
What I don't get is this:



These coins were deposited over 12 hours ago, but yet none are in the "stake" line. I even staked 0.1 LOCO  before and the coins were in the "stake" line. But since I deposited more coins into this wallet, none of the coins are being staked. I also know the stake starts at block 5000, but still, they should be in the stake line right? I know I asked this before, but I still don't get it at all. I read that the minimum age to stake is only 6 hours.



Did you put all your inputs together with the coin control function? if you didn't your coins are staking for separate so they will take longer to gain some weight.

No, I didn't. I can't do that any more right now because it'll take too long to gain weight right? And the 5000 block is coming up. Still though, after 6 hours in the wallet, it should have gained weight right? Or is it 6 hours after the last deposit was made?

just do it you have more than 1k LOC it should not take too much to gain weight also the bigger the amount of the input it will have more chances to get a stake, right you big amount of LOC does not help you at all, it is like you were staking with al lot of wallet with just 20 coin in each one, anyway I'm not an expert so please correct me if I'm wrong, but that is what I understood from jc12345 explanation in Posex

New windows wallet works fine, I have a couple of question hope someone can answer me

-Do I need to do something special to stake on my wallet or just leave it open?
-I have 0.87 PEX is that enough to stake?

Thanks in advance for your answers.
Almost forgot, can I translate this ANN to Spanish?

1st question:
If your wallet is not encrypted, then you do not have to do anything because it is open already and will stake automatically. If your wallet is encrypted, then you need to unlock your wallet. You can just unlock it if you want to like if it was not encrypted as the net effect will be the same, or you can unlock it for staking only which only enables the staking component. The unlock for staking only can be done in 2 ways, first is to tick the unlock for staking only checkbox and second you can go into the debug console and type "walletpassphrase 99999999 true".

2nd question:
Any amount can stake if 2 conditions are met. The only impact is the time it will take to stake and if the reward is percentage based, the size of the rewards. Firstly you need to have the coins in your wallet for the minimum stake age which in this case is 1.5 hours, after which your coins becomes eligible for staking. Secondly your coins have to reach at least 1 coinage day. If you have a fraction of a coin it will take a couple of days before you will get 1 coinage day and only then your coins will become mature. This is why some people notice that although their coins have passed the minimum stake age they still do not show as matured. If someone has 100000 coins of a certain coin as an example, he will have 1 coinage day very quickly, but someone with 0.5 coins will take 2 days.

Once your coins are in your wallet (actually once broadcast on the network) they begin to generate network weight at that address which is a combination of the number of coins in your wallet and the time they have been in your wallet (coinage). Once this becomes "heavy" enough your coins will generate a stake. Someone with a larger amount of coins will reach that point quicker than someone with a small number of coins.

Lastly, the coins in your wallet are stored in blocks and each block of coins will stake on its own. If you have 2 blocks of lets say 10 coins each, when the time comes they will stake separately. This is where coin control enters - if you go to options and display, you can select to show coin control. If you then click on "send" you have the option to select inputs which will display the input blocks your wallet balance consist of. Here you can manage your input block sizes for the optimal block size to stake. There are generally 2 methods that stake rewards are generated each with its own subsections like HPOS, DPOS etc. - firstly there is fixed size per stake and secondly percentage based (like in the case of posex). If a coin gives fixed size rewards, your input blocks can be more smaller ones because when they stake you get the same rewards in anyways. If a coin gives percentage based, then you must have very small number of large block sizes, in fact, one block of all your coins will be ideal. To change your block size, you go into coin control and select all your little blocks and select OK. Then copy the total coin amount less fees and paste into the amount field. Paste your wallet receiving address in the to field and send. You will then have a large input block consisting of all the small blocks you selected.

If you want to apply this to posex, then you have to look at the max stake age and method of POS rewards. The max age is 5 days, so coins older than 5 days don't give you an advantage. Since the posex POS rewards is percentage based, put all your input blocks into one large block. Do this at least 5 days before your target POS block number you are aiming for, so you have to work it out based on the average block time. Also remember to not send coins from your prepared input block so that you do not move those coins to a change address. When you send coins, select coins from a smaller block through coin control, from blocks you might keep on the side for non-staking purposes. Once you hit a reward, wait for the coins to confirm and then combine them again into a big block. This is because once you hit a stake the wallet combines the coins in the block that staked with the POS reward and the total is split into 2 with a result of 2 block of the same size. You can perhaps leave this as two blocks but not leave it for a more than a second stake because then they get out of sync and more difficult to control. Ideally combine after the first stake.



holy crap +100000 that answer was simply amazing.
sr. member
Activity: 306
Merit: 250
What I don't get is this:



These coins were deposited over 12 hours ago, but yet none are in the "stake" line. I even staked 0.1 LOCO  before and the coins were in the "stake" line. But since I deposited more coins into this wallet, none of the coins are being staked. I also know the stake starts at block 5000, but still, they should be in the stake line right? I know I asked this before, but I still don't get it at all. I read that the minimum age to stake is only 6 hours.



Did you put all your inputs together with the coin control function? if you didn't your coins are staking for separate so they will take longer to gain some weight.

No, I didn't. I can't do that any more right now because it'll take too long to gain weight right? And the 5000 block is coming up. Still though, after 6 hours in the wallet, it should have gained weight right? Or is it 6 hours after the last deposit was made?

just do it you have more than 1k LOC it should not take too much to gain weight also the bigger the amount of the input it will have more chances to get a stake, right you big amount of LOC does not help you at all, it is like you were staking with al lot of wallet with just 20 coin in each one, anyway I'm not an expert so please correct me if I'm wrong, but that is what I understood from jc12345 explanation in Posex

New windows wallet works fine, I have a couple of question hope someone can answer me

-Do I need to do something special to stake on my wallet or just leave it open?
-I have 0.87 PEX is that enough to stake?

Thanks in advance for your answers.
Almost forgot, can I translate this ANN to Spanish?

1st question:
If your wallet is not encrypted, then you do not have to do anything because it is open already and will stake automatically. If your wallet is encrypted, then you need to unlock your wallet. You can just unlock it if you want to like if it was not encrypted as the net effect will be the same, or you can unlock it for staking only which only enables the staking component. The unlock for staking only can be done in 2 ways, first is to tick the unlock for staking only checkbox and second you can go into the debug console and type "walletpassphrase 99999999 true".

2nd question:
Any amount can stake if 2 conditions are met. The only impact is the time it will take to stake and if the reward is percentage based, the size of the rewards. Firstly you need to have the coins in your wallet for the minimum stake age which in this case is 1.5 hours, after which your coins becomes eligible for staking. Secondly your coins have to reach at least 1 coinage day. If you have a fraction of a coin it will take a couple of days before you will get 1 coinage day and only then your coins will become mature. This is why some people notice that although their coins have passed the minimum stake age they still do not show as matured. If someone has 100000 coins of a certain coin as an example, he will have 1 coinage day very quickly, but someone with 0.5 coins will take 2 days.

Once your coins are in your wallet (actually once broadcast on the network) they begin to generate network weight at that address which is a combination of the number of coins in your wallet and the time they have been in your wallet (coinage). Once this becomes "heavy" enough your coins will generate a stake. Someone with a larger amount of coins will reach that point quicker than someone with a small number of coins.

Lastly, the coins in your wallet are stored in blocks and each block of coins will stake on its own. If you have 2 blocks of lets say 10 coins each, when the time comes they will stake separately. This is where coin control enters - if you go to options and display, you can select to show coin control. If you then click on "send" you have the option to select inputs which will display the input blocks your wallet balance consist of. Here you can manage your input block sizes for the optimal block size to stake. There are generally 2 methods that stake rewards are generated each with its own subsections like HPOS, DPOS etc. - firstly there is fixed size per stake and secondly percentage based (like in the case of posex). If a coin gives fixed size rewards, your input blocks can be more smaller ones because when they stake you get the same rewards in anyways. If a coin gives percentage based, then you must have very small number of large block sizes, in fact, one block of all your coins will be ideal. To change your block size, you go into coin control and select all your little blocks and select OK. Then copy the total coin amount less fees and paste into the amount field. Paste your wallet receiving address in the to field and send. You will then have a large input block consisting of all the small blocks you selected.

If you want to apply this to posex, then you have to look at the max stake age and method of POS rewards. The max age is 5 days, so coins older than 5 days don't give you an advantage. Since the posex POS rewards is percentage based, put all your input blocks into one large block. Do this at least 5 days before your target POS block number you are aiming for, so you have to work it out based on the average block time. Also remember to not send coins from your prepared input block so that you do not move those coins to a change address. When you send coins, select coins from a smaller block through coin control, from blocks you might keep on the side for non-staking purposes. Once you hit a reward, wait for the coins to confirm and then combine them again into a big block. This is because once you hit a stake the wallet combines the coins in the block that staked with the POS reward and the total is split into 2 with a result of 2 block of the same size. You can perhaps leave this as two blocks but not leave it for a more than a second stake because then they get out of sync and more difficult to control. Ideally combine after the first stake.

sr. member
Activity: 266
Merit: 266
What I don't get is this:



These coins were deposited over 12 hours ago, but yet none are in the "stake" line. I even staked 0.1 LOCO  before and the coins were in the "stake" line. But since I deposited more coins into this wallet, none of the coins are being staked. I also know the stake starts at block 5000, but still, they should be in the stake line right? I know I asked this before, but I still don't get it at all. I read that the minimum age to stake is only 6 hours.



Did you put all your inputs together with the coin control function? if you didn't your coins are staking for separate so they will take longer to gain some weight.

No, I didn't. I can't do that any more right now because it'll take too long to gain weight right? And the 5000 block is coming up. Still though, after 6 hours in the wallet, it should have gained weight right? Or is it 6 hours after the last deposit was made?
sr. member
Activity: 266
Merit: 266
This is what I have in my Loco.conf file:

rpcuser=INVENT_A USER
rpcpassword=INVENT_A_PASSWORD
rpcport=34574
port=34575
listen=1
server=1
daemon=1
addnode=52.88.93.148:34575
addnode=92.233.105.50:34575
addnode=203.91.244.188:34575
addnode=37.59.18.108:34575
addnode=52.88.93.148:34575
addnode=101.175.180.227:34575
addnode=46.236.161.66:34575
addnode=222.124.156.83:34575
addnode=92.233.105.50:34575
addnode=93.190.180.226:34575
addnode=89.212.243.83:34575
addnode=78.61.222.172:34575
addnode=94.22.185.125:34575
addnode=155.4.52.245:34575
addnode=5.78.42.202:34575
addnode=72.253.186.176:34575
addnode=213.202.214.140:34575
addnode=75.85.20.118:34575
addnode=203.91.244.188:34575

Also someone linked this before and it worked for me great:

sr. member
Activity: 306
Merit: 250
What I don't get is this:



These coins were deposited over 12 hours ago, but yet none are in the "stake" line. I even staked 0.1 LOCO  before and the coins were in the "stake" line. But since I deposited more coins into this wallet, none of the coins are being staked. I also know the stake starts at block 5000, but still, they should be in the stake line right? I know I asked this before, but I still don't get it at all. I read that the minimum age to stake is only 6 hours.



Did you put all your inputs together with the coin control function? if you didn't your coins are staking for separate so they will take longer to gain some weight.
sr. member
Activity: 306
Merit: 250
I keep getting a connection and then it disconnects never downloading anything... tried adding all sorts of nodes in loco.conf and it has not helped.  No matter if I put 1 or 20 nodes I get one connection it says and then immediately disconnects.

Anyone having same problem or got a solution to this?

Also does anyone know if the exe file is safe? I am running it in a VirtualBox machine right now cuz virustotal is sketchy.

I'm also running the wallet on a VM and get the same problems just add all the nodes in the conf file and run the wallet, it will always show 0 or 1 connection but in fact it is syncing, you can note the activity on the bottom of the VM the network and the hard drive icon flash once in a while after some time the wallet will sync and then it will show the correct data about connections and blocks
sr. member
Activity: 266
Merit: 266
What I don't get is this:



These coins were deposited over 12 hours ago, but yet none are in the "stake" line. I even staked 0.1 LOCO  before and the coins were in the "stake" line. But since I deposited more coins into this wallet, none of the coins are being staked. I also know the stake starts at block 5000, but still, they should be in the stake line right? I know I asked this before, but I still don't get it at all. I read that the minimum age to stake is only 6 hours.

sr. member
Activity: 334
Merit: 250
I keep getting a connection and then it disconnects never downloading anything... tried adding all sorts of nodes in loco.conf and it has not helped.  No matter if I put 1 or 20 nodes I get one connection it says and then immediately disconnects.

Anyone having same problem or got a solution to this?

Also does anyone know if the exe file is safe? I am running it in a VirtualBox machine right now cuz virustotal is sketchy.
legendary
Activity: 1624
Merit: 1001
All cryptos are FIAT digital currency. Do not use.
cannot get my wallet to sync, any other nodes?

create a shortcut of the wallet, right click on the shortcut and select Properties. In the target field add this to the end -seednode=node03.novaexchange.com:8057

Apply, close and launch through the shortcut
thanks its running now, with only 1 connection thugh LOL
My wallet syncs with 12 active connections. Just leave your wallet open - it should get more connections soon.

Yo SKETCHYJOHN. Tongue

Haven't we been there... done that ... already ? Roll Eyes

PLEASE DO NOT OPEN ANY LINK THAT IS NOT POSTED BY DEV TEAM

LMfreakinAO

Everyone knows what Quttera is and you're making the "team" look bad.

Cheesy
sr. member
Activity: 266
Merit: 266
Ok guys, I'll take a step back. I obviously feel cheated here and some people have a difference of opinion. I know the rule of to only invest what you can afford to lose. Never have I once lost 100% of my investment in years of working with altcoin as a living as I've always had the chance to sell the coin. In this particular case, I've invested lots into hash power and feel that I won't even get a penny back due to the inactivity on novaexchange and their low volume. Also leaving us with no block explorer severely hinders us more. This coin isn't going to be on any other exchange any time soon nor will work be done to it based on the general tone of this thread.

So, I firmly believe he intended to make a quick buck and has now run off, just waiting to cash his over $10K worth of BTC. His post informing of us his situation doesn't reassure me in any way. In fact it supports my opinion because as a human being, you feel guilty and will leave one last message to give false hope. That's just how people behave.

Unless he provides proof in the pudding that he's still involved in some way, I'll have no choice but to believe what I already believe.

I'm now forced to sell 1,000 LOCO that cost me a lot of hash power. Emotions run high when you get burned by something not in your control. I'm not rich by any means, so I'm definitely upset and feel ripped off.

I hope that was objective.
sr. member
Activity: 729
Merit: 250
Any media official LOCO (web,facebook,twitter,etc) ?

Non and non expected at least few months as DEV went hiatus. 

Good as dead if you ask me.
DEV has not run off, he politely stated that he has some pressing personal issues that may prevent him from showing up on the thread 24/7. He has not abandoned the project, but he may not be available to answer every single question posted on the thread.
I gree.
I think he might also have a real job and now he is busy to split time
sr. member
Activity: 266
Merit: 266
Way to much effort for 2.5 btc, Plus he wouldn't use his main account to do such.

Also not likely to be any buy support to sell into with an absent dev

Mr. philakone doesn't seem a simple gimme-a-coin guy

https://bitcointalksearch.org/topic/m.14562514
sorry i'm very new to POS. how does a coin lose weight?

Not quite following. I had no idea how a coin lost weight and am very new to POS, though I had an understanding like any investment that you can live off stake / interest on anything if done right.

Jesus H christ you went through posts to quote that? >_<
hero member
Activity: 924
Merit: 1000
I AM
Ok guys please READ

Ok so yesterday as you may or may not of known I was finishing up the update I have for the i2p implementation which I have fixed, However due to me working on that and unforeseen circumstances I am now in a very very big mess With my personal Life I will not say what happened but just know My top Priority is sorting my Family ie The Kids.

Now that is all I will say about the matter so please do not judge and I beg you all to please just have some patience do not think I have left as I have not and will not but until I have sorted the ISSUE I have I will not be online 24/7 and being able to respond all the time either. This could take from say 1 week to months I do not know I will find more out tomorrow And I hope to god it is good.

So guys please just bare with me If I could tell the reason I honestly would

Thanks
Nightz

This is cut and pasted from Nights message:

"I was finishing up the update I have for the i2p implementation which I have fixed
please do not judge and I beg you all to please just have some patience
do not think I have left as I have not and will not
I will not be online 24/7 and being able to respond all the time either
This could take from say 1 week to months"

Nightz means that he may not be online 24/7, for a period of time that ranges between one week and a few months. He is trying to say that he may be around, BUT NOT 24/7

Oh stop kidding yourself. Stop being a fool. Stop being naive! The developer took 10K, will wait a few days for it to stake (2.5 BTC / day), will wait for buy orders on novaexchange, and he's going to dump his 2.5 BTC / day earned.

Is it not obvious by now? He hasn't responded to any comments after posting that bullshit message. Is it not obvious he took us all for a ride?


Way to much effort for 2.5 btc, Plus he wouldn't use his main account to do such.

Also not likely to be any buy support to sell into with an absent dev
legendary
Activity: 1778
Merit: 1000
Ok guys please READ

Ok so yesterday as you may or may not of known I was finishing up the update I have for the i2p implementation which I have fixed, However due to me working on that and unforeseen circumstances I am now in a very very big mess With my personal Life I will not say what happened but just know My top Priority is sorting my Family ie The Kids.

Now that is all I will say about the matter so please do not judge and I beg you all to please just have some patience do not think I have left as I have not and will not but until I have sorted the ISSUE I have I will not be online 24/7 and being able to respond all the time either. This could take from say 1 week to months I do not know I will find more out tomorrow And I hope to god it is good.

So guys please just bare with me If I could tell the reason I honestly would

Thanks
Nightz

This is cut and pasted from Nights message:

"I was finishing up the update I have for the i2p implementation which I have fixed
please do not judge and I beg you all to please just have some patience
do not think I have left as I have not and will not
I will not be online 24/7 and being able to respond all the time either
This could take from say 1 week to months"

Nightz means that he may not be online 24/7, for a period of time that ranges between one week and a few months. He is trying to say that he may be around, BUT NOT 24/7

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