[ANN][TRK] ★ Truckcoin ★ Pure PoS up to 200% per year ★ Cryptopia - page 50.

vegasguy

legendary

Activity: 1610

Merit: 1003

"Yobit pump alert software" Link in my signature!

Quote from: Trololoh on December 23, 2014, 01:01:52 PM

Quote from: vegasguy on December 23, 2014, 11:19:51 AM

Dear Dev,

Thanks for your continued work. Im checking the github every day to make sure things are moving along (and they are), and the source code is in order. Its my fault for neglecting to audit the source last time before you sent it to commit. There are some concerns in the code , and Im hoping you can address them. I will be specific , and address the lines of concern. Don't worry, even though I now reside in Las Vegas, English is not my primary language either as I was born in the uk, and moved to the US when I was 12. Anyway here are some lines I would like to discuss with you, and your intent:

For those that want to follow along see : https://github.com/noise23/Truckcoin/blob/7d587b92ec8b7b0c8e8910b7e029e161d529f788/src/main.cpp

(Isnt that what caused the problem with version 0.9.7.2)?!? ya this got us to 152 sat on Rex. Please remove.

Line 631 // "Use an exponentially decaying ~10-minute window" : I dont know what this does but "exponentionally decaying".. doesnt sound good.

Line 1657 // "List of what to disconnect" . I dont see my name yet, but lets see what the commit has.

Line 1857 // "Check the version of the last 100 blocks to see if we need to upgrade": Take this out if it was included in 0.9.7.2. It didnt work then. Why keep it?

Line 2016 // "Disconnect if we connected to ourself". Ok so that explains my syncing issues. Ill try to keep that behavior to a minimum.

Line 2928 // "Be shy and don't send version until we hear". No DONT be shy. Sometimes us computer geeks , spend too much time in front of a computer. Please get out there and be social.

Anyway these are just some of my concerns until the source goes to commit. I know its just a proto, but I wanted to work along with you, and help make truck a smooth ride.

Vegas

Vegas your are killing me !
Pissing in my pants from laughter got me almost drowned. ROFL

LMFAO.. sometimes all we can do is fucking laugh Wink

noise23

legendary

Activity: 968

Merit: 1002

TRK PoS rate will switch to the constant 200% on Thursday, 08 Jan 2015 20:23:23 GMT
Source code v0.9.8.0: https://github.com/noise23/Truckcoin
Wallet binaries will be ready later this week.

Biomech

legendary

Activity: 1372

Merit: 1022

Anarchy is not chaos.

Quote from: forbesmining on December 22, 2014, 10:56:04 AM

"There is so much FUD here," that's rich. If by FUD you mean someone telling you you "fixed" something that wasn't broken, then yes.
All I know is, my investment in this coin has gone to shite, and getting around to a fix in 3 weeks or so probably puts the last nails in the coffin. Investors who express displeasure at seeing their investment destroyed are not purveyors of FUD.

I disagree. We rushed out a fix for TEK instead of planning for a smooth transition, and it was a fucking catastrophe. I offered to help here because I think I can do it, but if Noise is already doing it, that's good.

My thought is that it should be put back to 200 percent for the moment, and THEN adjust NVCS and/or introduce a max subsidy over a couple of staged releases.

Let's not forget that TRK was already declared dead when Noise took over, and that he is not getting paid to do this.

Trololoh

sr. member

Activity: 461

Merit: 250

Quote from: vegasguy on December 23, 2014, 11:19:51 AM

Dear Dev,

Thanks for your continued work. Im checking the github every day to make sure things are moving along (and they are), and the source code is in order. Its my fault for neglecting to audit the source last time before you sent it to commit. There are some concerns in the code , and Im hoping you can address them. I will be specific , and address the lines of concern. Don't worry, even though I now reside in Las Vegas, English is not my primary language either as I was born in the uk, and moved to the US when I was 12. Anyway here are some lines I would like to discuss with you, and your intent:

For those that want to follow along see : https://github.com/noise23/Truckcoin/blob/7d587b92ec8b7b0c8e8910b7e029e161d529f788/src/main.cpp

(Isnt that what caused the problem with version 0.9.7.2)?!? ya this got us to 152 sat on Rex. Please remove.

Line 631 // "Use an exponentially decaying ~10-minute window" : I dont know what this does but "exponentionally decaying".. doesnt sound good.

Line 1657 // "List of what to disconnect" . I dont see my name yet, but lets see what the commit has.

Line 1857 // "Check the version of the last 100 blocks to see if we need to upgrade": Take this out if it was included in 0.9.7.2. It didnt work then. Why keep it?

Line 2016 // "Disconnect if we connected to ourself". Ok so that explains my syncing issues. Ill try to keep that behavior to a minimum.

Line 2928 // "Be shy and don't send version until we hear". No DONT be shy. Sometimes us computer geeks , spend too much time in front of a computer. Please get out there and be social.

Anyway these are just some of my concerns until the source goes to commit. I know its just a proto, but I wanted to work along with you, and help make truck a smooth ride.

Vegas

Vegas your are killing me !
Pissing in my pants from laughter got me almost drowned. ROFL

noise23

legendary

Activity: 968

Merit: 1002

Quote from: vegasguy on December 23, 2014, 11:19:51 AM

Dear Dev,

Thanks for your continued work. Im checking the github every day to make sure things are moving along (and they are), and the source code is in order. Its my fault for neglecting to audit the source last time before you sent it to commit. There are some concerns in the code , and Im hoping you can address them. I will be specific , and address the lines of concern. Don't worry, even though I now reside in Las Vegas, English is not my primary language either as I was born in the uk, and moved to the US when I was 12. Anyway here are some lines I would like to discuss with you, and your intent:

For those that want to follow along see : https://github.com/noise23/Truckcoin/blob/7d587b92ec8b7b0c8e8910b7e029e161d529f788/src/main.cpp

(Isnt that what caused the problem with version 0.9.7.2)?!? ya this got us to 152 sat on Rex. Please remove.

Line 631 // "Use an exponentially decaying ~10-minute window" : I dont know what this does but "exponentionally decaying".. doesnt sound good.

Line 1657 // "List of what to disconnect" . I dont see my name yet, but lets see what the commit has.

Line 1857 // "Check the version of the last 100 blocks to see if we need to upgrade": Take this out if it was included in 0.9.7.2. It didnt work then. Why keep it?

Line 2016 // "Disconnect if we connected to ourself". Ok so that explains my syncing issues. Ill try to keep that behavior to a minimum.

Line 2928 // "Be shy and don't send version until we hear". No DONT be shy. Sometimes us computer geeks , spend too much time in front of a computer. Please get out there and be social.

Anyway these are just some of my concerns until the source goes to commit. I know its just a proto, but I wanted to work along with you, and help make truck a smooth ride.

Vegas

All of these lines are the part of the original BTC/PPC/NVC code, most of them are important for the core coin functionality. I didn't add any of them.
You can find all of them in HYP source code for example - https://github.com/presstab/HyperStake/blob/master/src/main.cpp and in many many other coins.
My commits can be found here - https://github.com/noise23/Truckcoin/commits/master

vegasguy

legendary

Activity: 1610

Merit: 1003

"Yobit pump alert software" Link in my signature!

Dear Dev,

Thanks for your continued work. Im checking the github every day to make sure things are moving along (and they are), and the source code is in order. Its my fault for neglecting to audit the source last time before you sent it to commit. There are some concerns in the code , and Im hoping you can address them. I will be specific , and address the lines of concern. Don't worry, even though I now reside in Las Vegas, English is not my primary language either as I was born in the uk, and moved to the US when I was 12. Anyway here are some lines I would like to discuss with you, and your intent:

For those that want to follow along see : https://github.com/noise23/Truckcoin/blob/7d587b92ec8b7b0c8e8910b7e029e161d529f788/src/main.cpp

(Isnt that what caused the problem with version 0.9.7.2)?!? ya this got us to 152 sat on Rex. Please remove.

Line 631 // "Use an exponentially decaying ~10-minute window" : I dont know what this does but "exponentionally decaying".. doesnt sound good.

Line 1657 // "List of what to disconnect" . I dont see my name yet, but lets see what the commit has.

Line 1857 // "Check the version of the last 100 blocks to see if we need to upgrade": Take this out if it was included in 0.9.7.2. It didnt work then. Why keep it?

Line 2016 // "Disconnect if we connected to ourself". Ok so that explains my syncing issues. Ill try to keep that behavior to a minimum.

Line 2928 // "Be shy and don't send version until we hear". No DONT be shy. Sometimes us computer geeks , spend too much time in front of a computer. Please get out there and be social.

Anyway these are just some of my concerns until the source goes to commit. I know its just a proto, but I wanted to work along with you, and help make truck a smooth ride.

Vegas

waxo

hero member

Activity: 630

Merit: 500

Quote from: tevasu on December 22, 2014, 01:18:37 PM

This coin should be left alone (after 200 % is restored)
Let truck run like a wild horse, trot, or pause at the feed bag.
Let the numbers inflate.
Let new and old buyers watch their wallets grow(what a fun thing to watch and the biggest of all buying stimulus)
Buyers will continue to come.
Forget the math and the technocrats.
Inflation and value are relative and connected firmly to charisma, word of mouth, online marketing and ultimately useability in the market place. Look at xrp with its 31 billion premine!
The price will slowly grow but the sweet thing with truck is that any price that stabilizes will
eventually work to produce a very substantial wealth fulcrum.
My suggestion: Its time to start buying in again!

i agree with you

tevasu

full member

Activity: 213

Merit: 100

This coin should be left alone (after 200 % is restored)
Let truck run like a wild horse, trot, or pause at the feed bag.
Let the numbers inflate.
Let new and old buyers watch their wallets grow(what a fun thing to watch and the biggest of all buying stimulus)
Buyers will continue to come.
Forget the math and the technocrats.
Inflation and value are relative and connected firmly to charisma, word of mouth, online marketing and ultimately useability in the market place. Look at xrp with its 31 billion premine!
The price will slowly grow but the sweet thing with truck is that any price that stabilizes will
eventually work to produce a very substantial wealth fulcrum.
My suggestion: Its time to start buying in again!

liteuser

full member

Activity: 145

Merit: 100

Quote from: rel-oad on December 22, 2014, 11:42:29 AM

I don't understand what happened here... developer halved the POS rate and told no one?

Well, he told (NVC emphasis mine) almost a month in advance:

Quote from: noise23 on November 20, 2014, 03:54:28 PM

Truckcoin wallet v0.9.7.1 released - a mandatory update!

New features:

# On Thursday, 18 Dec 2014 20:23:23 GMT a hard fork will occur:
   - PoS reward limit per block will be set to 200 TRK.
   - NVC inflation control will be enabled.
   - All clients below v.0.9.7 will be disconnected.
# Block money supply info added to block explorer
# -wallet option to specify wallet file - can be used as startup parameter -wallet=yourwalletfile.dat
# Total amount field added to overview page.
# HYP network interference fix.
# Unlock wallet option added to Wallet menu.
# -splitthreshold option - staking engine will not split blocks with size below splitthreshold amount. default 30 , max. 300
   Can be used as command line option or setting in .conf file or can be set in Qt wallet gui in Settings > Options > Main
# -staking option to disable minting: staking=0 will disable pos minting.

I think the reason for the change is that noise is also working on TEK, where everybody is happy with NVCS, including some people disagreeing here.

Initially nobody complained, except for someone having problems syncing after the hardfork, until 10 days later or so, when they realized that NVC inflaction control means that the rate decreases.

After the hardfork the rate depends on the current difficulty following an algorithm developed first for Novacoin (hence the name) and right now it is 50% or so (type getmininginfo in the console and see "stakeinterest") instead of having a constant 200%.

vegasguy

legendary

Activity: 1610

Merit: 1003

"Yobit pump alert software" Link in my signature!

halved!?!? NO more like 1/4. It was 200% , and now the average is 50% - 55%. Dev says wallet will be released this week, and then we have to wait for exchanges to update.

vegas

rel-oad

newbie

Activity: 57

Merit: 0

I don't understand what happened here... developer halved the POS rate and told no one?

forbesmining

full member

Activity: 297

Merit: 100

"There is so much FUD here," that's rich. If by FUD you mean someone telling you you "fixed" something that wasn't broken, then yes.
All I know is, my investment in this coin has gone to shite, and getting around to a fix in 3 weeks or so probably puts the last nails in the coffin. Investors who express displeasure at seeing their investment destroyed are not purveyors of FUD.

noise23

legendary

Activity: 968

Merit: 1002

Quote from: liteuser on December 22, 2014, 07:31:50 AM

A hardfork cannot be done without thinking. Changing the code is not the problem. Coordinating things so everyone knows it and the exchange/s make the change, that needs time.

Exactly!

Quote from: liteuser on December 22, 2014, 07:31:50 AM

NVCS has been working in other coins without issues: NVC, HBN. I don't think it is a bad think. On the contrary, it is good for the health of the blockchain. Just stake when the difficulty is low.

BTW, I doubt that the decrease of the interest rate from 200% to 100% has that much influence on the prize. Also, if you move back to a constant 200%, do you really think that the coin value will suddenly grow? Some months ago (August, September) the coin was valued like now: 100 to 300 satoshis (and the volume was similar to now).

What could be changed are the NVCS parameters so when it hits the interest decrease is smoother. A possible idea is to fine tune their values so the decrease from 200% is smaller.

Yes, first I thought of fine-tuning NVCS parameters to get PoS rate floating somewhere in 120-200% range but there is so much fud here so decided to revert it back to flat 200.

noise23

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Activity: 968

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Quote from: vegasguy on December 21, 2014, 04:11:47 PM

Any word on when a wallet fix will be released to return back to 200% pos? My wallet is locked because of double digit interest rates. So Im losing money daily. Noise plz advise.

Vegas

New wallet will be released this week. It will switch TRK PoS rate back to flat 200% in January/2015 (probably on Jan/10, exact date will be announced with wallet release).

liteuser

full member

Activity: 145

Merit: 100

Quote from: vegasguy on December 21, 2014, 11:38:33 PM

LOL. January?!?! This coin wont be around then. The ass has fallen out , because dev will not answer. I told him days ago , he needs to address this...like.. now! This is were we sit right now:

A hardfork cannot be done without thinking. Changing the code is not the problem. Coordinating things so everyone knows it and the exchange/s make the change, that needs time.

EDIT:

NVCS has been working in other coins without issues: NVC, HBN. I don't think it is a bad think. On the contrary, it is good for the health of the blockchain. Just stake when the difficulty is low.

BTW, I doubt that the decrease of the interest rate from 200% to 100% has that much influence on the prize. Also, if you move back to a constant 200%, do you really think that the coin value will suddenly grow? Some months ago (August, September) the coin was valued like now: 100 to 300 satoshis (and the volume was similar to now).

What could be changed are the NVCS parameters so when it hits the interest decrease is smoother. A possible idea is to fine tune their values so the decrease from 200% is smaller.

vegasguy

legendary

Activity: 1610

Merit: 1003

"Yobit pump alert software" Link in my signature!

Quote from: tevasu on December 21, 2014, 10:11:00 PM

Quote from: vegasguy on December 21, 2014, 07:58:06 PM

Lets see what Noise says. Something HAS to be done and FAST. I know you talk with the other devs, so if Noise does nothing , then Im sure you can get support from the other high pos devs to revert the wallet. Noise was made aware a few days ago that this needs to be changed back, and he did respond, but nothing has happend. All we need to do is go back to the previous wallet. Its as simple as that. I dont know how close you are with presstab or David Latapie, but THEY could fix this in about 2 minutes.

Noise: if you just dont care about this coin anymore, please be responsible and hand over everything to another dev who will be excited to work on it.

Another thing, is if volume stays at 0 like this, Bitrrex will remove truck. Truck is only on ONE exchange, if coin gets delisted it would be worthless.

Vegas

Vegas, I hear you and am with you regarding getting the wallet returned to its original status. I spent a lot of time restructuring over 700 thousand coins into 4000 stake size blocks. Noise I think has heard you/us but wasn't going to make a change until january 2015. In light of the low or no volume on Bittrex its imperative that no more momentum is lost and Noise make the change back asap. Noise23 can you weigh in please.

LOL. January?!?! This coin wont be around then. The ass has fallen out , because dev will not answer. I told him days ago , he needs to address this...like.. now! This is were we sit right now:

Can you hear me now?

tevasu

full member

Activity: 213

Merit: 100

Quote from: vegasguy on December 21, 2014, 07:58:06 PM

Lets see what Noise says. Something HAS to be done and FAST. I know you talk with the other devs, so if Noise does nothing , then Im sure you can get support from the other high pos devs to revert the wallet. Noise was made aware a few days ago that this needs to be changed back, and he did respond, but nothing has happend. All we need to do is go back to the previous wallet. Its as simple as that. I dont know how close you are with presstab or David Latapie, but THEY could fix this in about 2 minutes.

Noise: if you just dont care about this coin anymore, please be responsible and hand over everything to another dev who will be excited to work on it.

Another thing, is if volume stays at 0 like this, Bitrrex will remove truck. Truck is only on ONE exchange, if coin gets delisted it would be worthless.

Vegas

Vegas, I hear you and am with you regarding getting the wallet returned to its original status. I spent a lot of time restructuring over 700 thousand coins into 4000 stake size blocks. Noise I think has heard you/us but wasn't going to make a change until january 2015. In light of the low or no volume on Bittrex its imperative that no more momentum is lost and Noise make the change back asap. Noise23 can you weigh in please.

forbesmining

full member

Activity: 297

Merit: 100

^^^^ +1 ^^^^

vegasguy

legendary

Activity: 1610

Merit: 1003

"Yobit pump alert software" Link in my signature!

Lets see what Noise says. Something HAS to be done and FAST. I know you talk with the other devs, so if Noise does nothing , then Im sure you can get support from the other high pos devs to revert the wallet. Noise was made aware a few days ago that this needs to be changed back, and he did respond, but nothing has happend. All we need to do is go back to the previous wallet. Its as simple as that. I dont know how close you are with presstab or David Latapie, but THEY could fix this in about 2 minutes.

Noise: if you just dont care about this coin anymore, please be responsible and hand over everything to another dev who will be excited to work on it.

Another thing, is if volume stays at 0 like this, Bitrrex will remove truck. Truck is only on ONE exchange, if coin gets delisted it would be worthless.

Vegas

Biomech

legendary

Activity: 1372

Merit: 1022

Anarchy is not chaos.

Quote from: vegasguy on December 21, 2014, 07:09:52 PM

Guys.. does ANYONE else care about what is going on here? There IS a reason im asking. Please speak up. Now IS the time.

So I just looked at Bittrex :0 Volume . This coin is dying, and it seems like everyone is asleep. Maybe you guys need a wake up call? Let me see if I can get your attention. We need VOLUME, and we need it to speak loud. If we dont start getting serious, we are going to find out the TRUE value of this coin. Frankly I dont give a shit about backlash and haters, Ill deal with you too.

Vegas

I don't know enough to fix the code. I know some of it, but I'd probably break the wallet doing it. The rest of the wallet works quite well.
Interim fix, I suppose, would be to lock the minting at 200 percent. I think that's only one or two lines of code. But max subsidy and NVCS, I know nothing about them. I do kind of like the idea posted above at setting interest at 200 and max subsidy at 100 or even 200. That would require people to order their wallets properly or miss out on staking opportunities, and keep the chain moving. It would reward the diligent as well.

I'm willing to take a stab at it in about three days, if Noise doesn't get there first, but I would do so with the caveat that it will wreak havoc if I mess up, so if y'all want me to try, be wary and it might have to be rolled back. I've learned a lot over the last year, but I'm hardly a programmer.

Topic: [ANN][TRK] ★ Truckcoin ★ Pure PoS up to 200% per year ★ Cryptopia - page 50. (Read 141276 times)