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Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 43. (Read 1356140 times)

hero member
Activity: 761
Merit: 505
VeriCoin & Verium Creator/Developer
and all the other coins that were created b/c of your update that broke the network?




They all followed protocol, our wallet is exception because we had very large wallet and oppurtunity to stake that large amount others didn't. It's an incentive to keep network going, but it's too high in certain cases, so in future will prevent this kind of stake, in our extreme situation.
newbie
Activity: 18
Merit: 0
and all the other coins that were created b/c of your update that broke the network?


hero member
Activity: 761
Merit: 505
VeriCoin & Verium Creator/Developer
 Will hold vote on forums with what to do with extra endow funds that were staked during this.  After network is strong again



ELi5.... "...we will talk about this after we have secured our ill-gotten gains."

This was unintentional, will happily burn them.
newbie
Activity: 18
Merit: 0
 Will hold vote on forums with what to do with extra endow funds that were staked during this.  After network is strong again



ELi5.... "...we will talk about this after we have secured our ill-gotten gains."
legendary
Activity: 1120
Merit: 1000
hero member
Activity: 761
Merit: 505
VeriCoin & Verium Creator/Developer
new wallet pushed out 1.6.5.4
checkpoints for mainchain added, new bootstrap, more stake splitting to prevent this from hapenning again hopefully.  Will explain in detail once we get network back strong again.  Also added supernode so it's easier for everyone to get chain going again.  Will hold vote on forums with what to do with extra endow funds that were staked during this.  After network is strong again
newbie
Activity: 18
Merit: 0
What is your idea?


1st... I would ask what would satoshi do?



2nd... idk... maybehhhh something like recommend to stop generating?








and then fix your ship.















https://bitcointalksearch.org/topic/m.9548
 Roll Eyes
newbie
Activity: 13
Merit: 0
   we are not veri amused by this.
legendary
Activity: 1092
Merit: 1000
Hyperspace snail
so... basicly you just forked yourself well over 1.7 million extra vrc...    
oh, that is rich......  

"hey everybody... just ignore this >100btc transfer to my wallet... "
Ignore? They made it public themselfs. https://www.vericoinforums.com/threads/endowment-stake.1456/

Quote
What do you guys think we should about this massive stake, keep it in endowment or something else?

What is your idea?
newbie
Activity: 18
Merit: 0
so... basicly you just forked yourself well over 1.7 million extra vrc...   




oh, that is rich...... 

"hey everybody... just ignore this >100btc transfer to my wallet... "






hero member
Activity: 761
Merit: 505
VeriCoin & Verium Creator/Developer
mac 1.6.5.3 is now available
hero member
Activity: 761
Merit: 505
VeriCoin & Verium Creator/Developer
Hey guys found root of the problem, 1.6.5.2 change in stake splitting was too aggressive for the number of actual staking inputs on the network currently, so coins are being staked too fast and then sitting for maturity and this is destabilizing blockrate which destabilizes difficulty and caused forking.  1.6.5.3 will be released today with good stake splitting parameters and longest chain will be connected to automatically when the wallet finds a node on it once the blocktime is equilibrated, or you can reload blockchain to get on longest chain quickly.

where is verium?  wasn't that coin suppose to help power VRC through in such an event as this?

Their consensus is not paired yet but it's being worked on
member
Activity: 99
Merit: 10
Hey guys found root of the problem, 1.6.5.2 change in stake splitting was too aggressive for the number of actual staking inputs on the network currently, so coins are being staked too fast and then sitting for maturity and this is destabilizing blockrate which destabilizes difficulty and caused forking.  1.6.5.3 will be released today with good stake splitting parameters and longest chain will be connected to automatically when the wallet finds a node on it once the blocktime is equilibrated, or you can reload blockchain to get on longest chain quickly.

where is verium?  wasn't that coin suppose to help power VRC through in such an event as this?
hero member
Activity: 761
Merit: 505
VeriCoin & Verium Creator/Developer
Ok 1.6.5.3 is available for all OSes but mac, which will be available soon.  New bootstrap is also available if you want to do reload blockchain and sync up quickly.
legendary
Activity: 1092
Merit: 1000
Hyperspace snail
Hey guys found root of the problem, 1.6.5.2 change in stake splitting was too aggressive for the number of actual staking inputs on the network currently, so coins are being staked too fast and then sitting for maturity and this is destabilizing blockrate which destabilizes difficulty and caused forking.  1.6.5.3 will be released today with good stake splitting parameters and longest chain will be connected to automatically when the wallet finds a node on it once the blocktime is equilibrated, or you can reload blockchain to get on longest chain quickly.

Thanks for the update!
hero member
Activity: 761
Merit: 505
VeriCoin & Verium Creator/Developer
Hey guys found root of the problem, 1.6.5.2 change in stake splitting was too aggressive for the number of actual staking inputs on the network currently, so coins are being staked too fast and then sitting for maturity and this is destabilizing blockrate which destabilizes difficulty and caused forking.  1.6.5.3 will be released today with good stake splitting parameters and longest chain will be connected to automatically when the wallet finds a node on it once the blocktime is equilibrated, or you can reload blockchain to get on longest chain quickly.
legendary
Activity: 1092
Merit: 1000
Hyperspace snail
A community is always exciting
VRC is still a good choice  Wink
Thanks for your kind words, will check Pesobit.
full member
Activity: 187
Merit: 100
ScryptWaves - Combine the best of Waves and Scrypt
A community is always exciting
VRC is still a good choice  Wink
legendary
Activity: 1092
Merit: 1000
Hyperspace snail
i see a fork, anybody else ?

How can you tell it's a fork? I can tell something isn't right, wallet acting weird and the interest rate jacked up to 42% for some reason.

several nodes on one chain, several on the other, 0.16.5.2 is not friendly to 0.16.5.0

https://www.vericoinforums.com/threads/stake-your-vericoin.1016/page-21#post-21776

will probably be another update today
full member
Activity: 126
Merit: 100
You have to get lost before you can find yourself.
DEV, can i translate it to Lithuanian and get a bounty for that? would like to have some Vericoins
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