[ANN][PHS][50% PoS] PhilosopherStone | NoPremine |10 month Dist | 1.6.4.1 - page 48.

Jabulon

sr. member

Activity: 266

Merit: 250

Quote from: romeshomey on March 05, 2014, 01:40:38 PM

nevermind, i found the thread on the subject here..

https://bitcointalksearch.org/topic/ppcoin-proof-of-stake-minting-setup-guide-187714

Yes, it's been there for a while and covers the bases. Nonetheless, I think it would be classier to have a step by step on our own thread, re-written for PHS rather than copped from somewhere else. I'd do it myself if I had any time lol.

romeshomey

hero member

Activity: 658

Merit: 500

nevermind, i found the thread on the subject here..

https://bitcointalksearch.org/topic/ppcoin-proof-of-stake-minting-setup-guide-187714

romeshomey

hero member

Activity: 658

Merit: 500

I don't notice anything happen when I run the stoned.exe other than a command prompt window open and close real fast. Could you explain how that is used?

romeshomey

hero member

Activity: 658

Merit: 500

Quote from: Palmdetroit on March 04, 2014, 04:05:16 PM

And yes unlocking in console is not recommended, Stoned.exe is included in main release to be used for locking and unlocking, maybe I can add a shortcut to release to make using this easier[/b]

Oh, so thats what the stoned.exe is for. LOL

"StakeReadyStones" : 0,
"stakeinterest" : 0,

Palmdetroit

legendary

Activity: 910

Merit: 1000

PHS 50% PoS - Stop mining start minting

Quote from: romeshomey on March 03, 2014, 06:55:13 AM

I have a couple of questions, if this has been answered already please forgive me.

1. Does my wallet have to be unlocked for coins to stake or does the striking work with the wallet locked as well as long as it is opened a synched every few days or once a week?
2. Is there a minimum number of coins needed to be held in the wallet for staking new coins to be possible?

1) Yes. If you can just leave your wallet running all the time and unlock it once every week or two to stake then walletlock again and repeat. (best for network will add this to OP)
2) No, but larger amounts may stake sooner. (small amounts will continue to accumulate, and eventually stake)

Quote from: StakeHunter on March 03, 2014, 09:18:51 PM

Is there any chance to put a request out there for the dev team?

How about:
-coin control
-multi-wallet load capability

It would make maintaining stake a whole lot easier.

Yes I am familiar with coincontrol , I like it, but right now may just add confusion to client and with the fast stake turnaround, low TXs, its not as usefull as with longer cycle coins, , when PHS grows, can be added, however.
Not familiar with coding multiwallet but will take a look, PM some clients with this functionality and I'll see if it would be easy to implement.

PS enjoy your PoS thread, keep it up.

Quote from: romeshomey on March 04, 2014, 07:51:25 AM

Are there any sources to start a p2pool for PHS? Or are there any p2pools which already exist?

Hi, Yes it has been tried before but was not very successful. You may have better luck running your own MPOS perhaps, or looking at early in this thead for the previous PHS p2pool setup.

Quote from: Jabulon on March 04, 2014, 12:51:15 PM

Quote from: romeshomey on March 04, 2014, 12:41:30 PM

Quote from: Jabulon on March 04, 2014, 10:43:48 AM

Quote from: romeshomey on March 04, 2014, 09:24:25 AM

I cannot figure out how to mint with the wallet.

I have unlocked the wallet using the console. In the lower right hand corner the lock appears unlocked and the overlib reads 'wallet is encrypted and unlocked'.

Is there something else I need to do?

Just wait for your coins to start staking. You'll begin to see minted amounts come in. It doesn't happen instantaneously. FYI make sure you delete your unlock command from console history as it contains your password in plaintext. I recently read another thread where someone lost 25k coins, apparently due to forgetting this step.

Ok. So just open the wallet, unlock, allow it to sync, then lock again?

Try leaving it open for a few hours. It's somewhat random when you get stake payout. No worries, your coins continue to accrue age and will pay out accordingly when you get a PoS minted block.

Stake (Interest) will continue to accumulate the longer it takes (can be quite long with small inputs but you will be looking at 5-15 days at the minimum).
But yes you need to be fully synced and wallet unlock for your client to attempt to MINT,
so you can let it run, or just try again in a few days or maybe a week (you will just mint for a larger amount).

Also you can go into debug and type 'getmininginfo' so see your stake weight accumulating (to know its working and not losing stake/interest)

And yes unlocking in console is not recommended, Stoned.exe is included in main release to be used for locking and unlocking, maybe I can add a shortcut to release to make using this easier

romeshomey

hero member

Activity: 658

Merit: 500

Thank you.

Jabulon

sr. member

Activity: 266

Merit: 250

Quote from: romeshomey on March 04, 2014, 12:41:30 PM

Quote from: Jabulon on March 04, 2014, 10:43:48 AM

Quote from: romeshomey on March 04, 2014, 09:24:25 AM

I cannot figure out how to mint with the wallet.

I have unlocked the wallet using the console. In the lower right hand corner the lock appears unlocked and the overlib reads 'wallet is encrypted and unlocked'.

Is there something else I need to do?

Just wait for your coins to start staking. You'll begin to see minted amounts come in. It doesn't happen instantaneously. FYI make sure you delete your unlock command from console history as it contains your password in plaintext. I recently read another thread where someone lost 25k coins, apparently due to forgetting this step.

Ok. So just open the wallet, unlock, allow it to sync, then lock again?

Try leaving it open for a few hours. It's somewhat random when you get stake payout. No worries, your coins continue to accrue age and will pay out accordingly when you get a PoS minted block.

romeshomey

hero member

Activity: 658

Merit: 500

Quote from: Jabulon on March 04, 2014, 10:43:48 AM

Quote from: romeshomey on March 04, 2014, 09:24:25 AM

I cannot figure out how to mint with the wallet.

I have unlocked the wallet using the console. In the lower right hand corner the lock appears unlocked and the overlib reads 'wallet is encrypted and unlocked'.

Is there something else I need to do?

Just wait for your coins to start staking. You'll begin to see minted amounts come in. It doesn't happen instantaneously. FYI make sure you delete your unlock command from console history as it contains your password in plaintext. I recently read another thread where someone lost 25k coins, apparently due to forgetting this step.

Ok. So just open the wallet, unlock, allow it to sync, then lock again?

Jabulon

sr. member

Activity: 266

Merit: 250

Quote from: romeshomey on March 04, 2014, 09:24:25 AM

I cannot figure out how to mint with the wallet.

I have unlocked the wallet using the console. In the lower right hand corner the lock appears unlocked and the overlib reads 'wallet is encrypted and unlocked'.

Is there something else I need to do?

Just wait for your coins to start staking. You'll begin to see minted amounts come in. It doesn't happen instantaneously. FYI make sure you delete your unlock command from console history as it contains your password in plaintext. I recently read another thread where someone lost 25k coins, apparently due to forgetting this step.

romeshomey

hero member

Activity: 658

Merit: 500

I cannot figure out how to mint with the wallet.

I have unlocked the wallet using the console. In the lower right hand corner the lock appears unlocked and the overlib reads 'wallet is encrypted and unlocked'.

Is there something else I need to do?

romeshomey

hero member

Activity: 658

Merit: 500

Are there any sources to start a p2pool for PHS? Or are there any p2pools which already exist?

StakeHunter

full member

Activity: 155

Merit: 100

Is there any chance to put a request out there for the dev team?

How about:
-coin control
-multi-wallet load capability

It would make maintaining stake a whole lot easier.

romeshomey

hero member

Activity: 658

Merit: 500

I have a couple of questions, if this has been answered already please forgive me.

1. Does my wallet have to be unlocked for coins to stake or does the striking work with the wallet locked as well as long as it is opened a synched every few days or once a week?
2. Is there a minimum number of coins needed to be held in the wallet for staking new coins to be possible?

Jabulon

sr. member

Activity: 266

Merit: 250

Quote from: Palmdetroit on February 26, 2014, 10:28:58 PM

Added a Win32 Anti-dust Client for anyone who may be interested: (use standard upgrade procedure).

Who is this for: Aimed at users who dislike dust and wallet bloat over long periods of time, or experience high CPU usage.

https://sourceforge.net/projects/philosopherstone/files/PHS/AntiDust/

Philosopherstone-1.3.4-win32-10day.zip
md5 5AD5749AF9D1F55F948996F57C8D6033

Code:

Standard client will attempt to make stake every 5 days, and repeat this process every 5 days creating 'dust' i.e.> interest on interest, and many txs over long time periods.
This anti-dust client will target 10 days instead, which:

Lowers wallet bloat
Lowers cpu usage (only attempts stakes 10 days old not 5)
Lowers dust by large amounts over longer time frames (10 day cycle vrs. 5).

example:
If you held some stones for 5 days before and minted 3 new stones, this client will allow you to mint 6 after 10 days (double mint for double time 1/2 the txs and bloat).

Enjoy!

PS to see which client is running help>about Philiosopherstone > the last digits .10 mean 10 day stake client.

Brilliant. Thank you!

Palmdetroit

legendary

Activity: 910

Merit: 1000

PHS 50% PoS - Stop mining start minting

Added a Win32 Anti-dust Client for anyone who may be interested: (use standard upgrade procedure).

Who is this for: Aimed at users who dislike dust and wallet bloat over long periods of time, or experience high CPU usage.

https://sourceforge.net/projects/philosopherstone/files/PHS/AntiDust/

Philosopherstone-1.3.4-win32-10day.zip
md5 5AD5749AF9D1F55F948996F57C8D6033

Code:

Standard client will attempt to make stake every 5 days, and repeat this process every 5 days creating 'dust' i.e.> interest on interest, and many txs over long time periods.
This anti-dust client will target 10 days instead, which:

Lowers wallet bloat
Lowers cpu usage (only attempts stakes 10 days old not 5)
Lowers dust by large amounts over longer time frames (10 day cycle vrs. 5).

example:
If you held some stones for 5 days before and minted 3 new stones, this client will allow you to mint 6 after 10 days (double mint for double time 1/2 the txs and bloat).

Enjoy!

PS to see which client is running help>about Philiosopherstone > the last digits .10 mean 10 day stake client.

atletiaficionado

newbie

Activity: 10

Merit: 0

What Lord, FSM? What are you doing?

Jabulon

sr. member

Activity: 266

Merit: 250

Quote from: atletiaficionado on February 25, 2014, 08:44:58 PM

Little rally turned into a major rally! almost 40% today!! 3rd highest on Coinmarketcap, so freaking happy. a great coin getting what it deserves

It may be getting a boost from Blackcoin's explosive launch. PoS hybrid may be the next craze. Would not displease me in the least.

atletiaficionado

newbie

Activity: 10

Merit: 0

Little rally turned into a major rally! almost 40% today!! 3rd highest on Coinmarketcap, so freaking happy. a great coin getting what it deserves

atletiaficionado

newbie

Activity: 10

Merit: 0

we got a little rally going on Crypsty!! woo hoo!!

therealbigcoin

sr. member

Activity: 729

Merit: 251

Quote from: hughjays77 on February 23, 2014, 01:29:42 AM

I have mined several PhilosopherStones. After 20 pages I still don't get the whole stake thing. I get the interest rate and that I may need to wait 15 days to get any interest but no one has explained in clear simple language:

1) What is the Balance ?
2) What exactly is the Stake ?
3) How exactly does 1) relate to 2) ?
4) Is the total stones in your wallet = STAKE + BALANCE ?
5) What happens with interest on mined stones, exchange bought stones & interest on interest received ?

Thanks for the clarification.

1. The balance is your money. If you hold it around 15 days you have enough coinage to do the "stake".
2. If you unlocked your wallet for "minting" as described in top of this page, your stones go into the "stake field" and remain unusuable in the network to verify transactions. This is the POS.
3. I hope its clear now.
4. Yess
5. All stones are the same. They produce coinage since stored in the wallet. Every Transaktion of stones destroy the coinage of this coins. So buy on the market and transfer it to your wallet fast Wink

Greetings

Topic: [ANN][PHS][50% PoS] PhilosopherStone | NoPremine |10 month Dist | 1.6.4.1 - page 48. (Read 121954 times)