i think BATA is gonna be a sweet POS kind of coin
via la TOR evolution!
via la TOR evolution!
Thanks we appreciate your support and contribution BTA.
Topic: BATA BTA ◈ OLD THREAD - NOW @ https://bitcointalk.org/index.php?topic=2297895.0 - page 82. (Read 283701 times)
May 02, 2016, 10:58:25 PM
Thanks we appreciate your support and contribution BTA.
May 02, 2016, 02:53:22 PM
i think BATA is gonna be a sweet POS kind of coin
via la TOR evolution!
via la TOR evolution!
May 02, 2016, 07:54:06 AM
Low memory use is important
Nothing worse than a poorly designed Staking wallet chewing up all your CPU memory. I always cut them.
Look to 1ex wallet for as low as you can go.
Nothing worse than a poorly designed Staking wallet chewing up all your CPU memory. I always cut them.
Look to 1ex wallet for as low as you can go.
will do thanks for the tip
May 02, 2016, 07:12:59 AM
Low memory use is important
Nothing worse than a poorly designed Staking wallet chewing up all your CPU memory. I always cut them.
Look to 1ex wallet for as low as you can go.
Nothing worse than a poorly designed Staking wallet chewing up all your CPU memory. I always cut them.
Look to 1ex wallet for as low as you can go.
May 02, 2016, 03:59:05 AM
Regarding the specs of POS for BTA:
https://bitcointalksearch.org/topic/proof-of-stake-pos-1451485
https://bitcointalksearch.org/topic/m.14486879
https://bitcointalksearch.org/topic/proof-of-stake-pos-1451485
https://bitcointalksearch.org/topic/m.14486879
Quote
i dont think you want to go higher than 15%
the concept of this coin is not about staking its about your roadmap (Barter platform)
but for keeping the network strong you need people staking so % point can't be over looked
personally i would like to see atleast 10%
if your a staker coin enthusiast you can only run so many wallets at any given time
to low of a % point and people wont keep wallet running if they have multiple stakers
im speaking as a person who stakes alot of coins ,many people might not care about
% point, for me i have to justify running wallet, no different than mining a coin
im invested in bata becasue i like the dev/roadmap/community
i realize staking is secondary ,but its always nice to earn a little interest on your investment
while waiting for development
my 2 bata
the concept of this coin is not about staking its about your roadmap (Barter platform)
but for keeping the network strong you need people staking so % point can't be over looked
personally i would like to see atleast 10%
if your a staker coin enthusiast you can only run so many wallets at any given time
to low of a % point and people wont keep wallet running if they have multiple stakers
im speaking as a person who stakes alot of coins ,many people might not care about
% point, for me i have to justify running wallet, no different than mining a coin
im invested in bata becasue i like the dev/roadmap/community
i realize staking is secondary ,but its always nice to earn a little interest on your investment
while waiting for development
my 2 bata
Quote
low memory use / fast stake time / under 15%
Quote
Requirement for staking 1000 BTA pr block
Quote
my ideal number is that at least the Top1000 accounts have a chance of staking every 24/hrs, Top3000 is even better
the trick then seems to set a max limit on block reward, and have quick hold times, perhaps set 12hr hold on new block confirm/release
PoS variants with security deposits - in these variants you must lock a part of your coins to receive rewards. That means that for the time you lock you coins, you are backing its value because you cannot sell them.
I like PoS variants with security deposits, like in Decred and perhaps in Ethereum in the future.
In these variants you must lock a part of your coins to receive rewards. That means that for the time you lock you coins, you are backing its value because you cannot sell them.
the trick then seems to set a max limit on block reward, and have quick hold times, perhaps set 12hr hold on new block confirm/release
PoS variants with security deposits - in these variants you must lock a part of your coins to receive rewards. That means that for the time you lock you coins, you are backing its value because you cannot sell them.
I like PoS variants with security deposits, like in Decred and perhaps in Ethereum in the future.
In these variants you must lock a part of your coins to receive rewards. That means that for the time you lock you coins, you are backing its value because you cannot sell them.
Quote
short min. hold time is an imperative:
1. if the network is running low on stakers and has super low diff. then a regular accounts that always stakes will be able to keep the network going.
2. now a whale with a super large chunk might game to hit a block every unit of minimum time (but they can be put in check via the max reward limit). if not this would cause big diff spikes seen in intervals of min. hold time, btw
3. stakers could run large wallet.dat files (dust bins) so that they are geared to stake 24/7 but they will likely have to wait weeks before the small lots gain weight, so these full time stakers will insure that they have a longtail of dust that eventually smooths out to an efficient staking of blocks ... they will basically act as seednodes as well ... so the trick is to make sure that they can help keep the block speed 'regular' and thus the diff chart 'smooth'
1. if the network is running low on stakers and has super low diff. then a regular accounts that always stakes will be able to keep the network going.
2. now a whale with a super large chunk might game to hit a block every unit of minimum time (but they can be put in check via the max reward limit). if not this would cause big diff spikes seen in intervals of min. hold time, btw
3. stakers could run large wallet.dat files (dust bins) so that they are geared to stake 24/7 but they will likely have to wait weeks before the small lots gain weight, so these full time stakers will insure that they have a longtail of dust that eventually smooths out to an efficient staking of blocks ... they will basically act as seednodes as well ... so the trick is to make sure that they can help keep the block speed 'regular' and thus the diff chart 'smooth'
Quote
PoS Specs do matter , longer minimum stake times are required to keep the wealthy from monopolizing the Staking Process
Which the current PoS3 & PoSP ignore, which will decrease their adoption rate by the majority of less wealthy users and hurt them in the long run.
(In one economic regard, they function like PoW, only the wealthy will see the most profit.)
(However if they increased their minimum stake age to 15 days or more , they could remove that issue.)
(They could also increase their interest rate to 5% per year and be a decent competition to Utility Stocks.)
Which the current PoS3 & PoSP ignore, which will decrease their adoption rate by the majority of less wealthy users and hurt them in the long run.
(In one economic regard, they function like PoW, only the wealthy will see the most profit.)
(However if they increased their minimum stake age to 15 days or more , they could remove that issue.)
(They could also increase their interest rate to 5% per year and be a decent competition to Utility Stocks.)
May 02, 2016, 03:14:19 AM
Can it be mixed pos and pos 
% plus let's say 0.1 or 0.05 per block.
In the time it will finish evrybody close the wallet and open once a week or something
% plus let's say 0.1 or 0.05 per block.
In the time it will finish evrybody close the wallet and open once a week or something
Mining is not part of the solution due to the limitations of any algo, when a large mining pool or miner is just mining for profit it leaves no room for equity in the BTA marketcap.
If anyone disagrees with this, please let me know why.
May 01, 2016, 11:35:03 PM
Can it be mixed pos and pos
% plus let's say 0.1 or 0.05 per block.
In the time it will finish evrybody close the wallet and open once a week or something
% plus let's say 0.1 or 0.05 per block.
In the time it will finish evrybody close the wallet and open once a week or something
May 01, 2016, 10:21:03 PM
POS voting won with a clear lead.
Voting has now been reset and we now will discuss a percentage rate of staking as it appears to be the most asked question.
Please vote according to your preference.
Voting has now been reset and we now will discuss a percentage rate of staking as it appears to be the most asked question.
Please vote according to your preference.
May 01, 2016, 04:18:28 AM
how much price 1 BATA ?...
Now Low price check on yobit .. 
May 01, 2016, 03:42:03 AM
how much price 1 BATA ?...
May 01, 2016, 03:36:36 AM
What will the interest rates be on the POS?
What will be PoS % ?
This is open for discussion
I suggest fixed DPOS, maybe 1 coin per block.
May 01, 2016, 01:24:16 AM
What will the interest rates be on the POS?
April 30, 2016, 09:53:53 PM
Didn't you thought about move in eth tech and pos or something like crypti's Dapp etc.
Hi a DAPP is just an application to Microsoft, which I am sure we will consider that once the Barter platform is released.
In regards to ETH tech, how do you think that will differ?
April 30, 2016, 09:46:30 PM
Didn't you thought about move in eth tech and pos or something like crypti's Dapp etc.
April 30, 2016, 09:14:13 PM
What will be PoS % ?
This is open for discussion
April 30, 2016, 02:27:12 PM
What will be PoS % ?
April 30, 2016, 08:22:23 AM
Price is down at the moment which may be a reflection of being uncertain about the future of Bata.
We have a plan, our issue with slow blocks was not major, but had to be addressed for the long term future of Bata. POS will solve the issue and take BTA to a new dimension.
Our direction is clear, we are going to do it the right way and not rush into anything with haste. BTA has proved itself, with the support of the community.
Without the need of special equipment to mine BTA is our opportunity to reach a wider user base.
We also need to consider whether we want to add things like stealth transactions which would compliment the privacy & security of i2P & TOR.
What needs to change?
Is there some room for improvement?
We have a plan, our issue with slow blocks was not major, but had to be addressed for the long term future of Bata. POS will solve the issue and take BTA to a new dimension.
Our direction is clear, we are going to do it the right way and not rush into anything with haste. BTA has proved itself, with the support of the community.
Without the need of special equipment to mine BTA is our opportunity to reach a wider user base.
We also need to consider whether we want to add things like stealth transactions which would compliment the privacy & security of i2P & TOR.
What needs to change?
Is there some room for improvement?
April 30, 2016, 01:32:55 AM
Get your specs ready for discussion for Proof of Stake, voting nearly ended. POS is clearly in the lead.
HiPOS 10000% for 24 hours then 3 %
April 30, 2016, 01:05:24 AM
Get your specs ready for discussion for Proof of Stake, voting nearly ended. POS is clearly in the lead.
April 29, 2016, 02:01:10 AM
Nearly 1 year since this thread was created.
BTA is accepted on 10 Exchanges - one of which is anonymous
3 Different Android Wallets
BTA was created after a discussion with the community. Now it is time to move into Phase 2 & 3. Once voting is finished we will move forward with POS discussion, if POS is still in the lead. Phase 3 will be integration to a Barter platform. More info will come on that soon.
For now, I make it clear that I strongly advise to buy and sell BTA wisely.
BTA is accepted on 10 Exchanges - one of which is anonymous
3 Different Android Wallets
BTA was created after a discussion with the community. Now it is time to move into Phase 2 & 3. Once voting is finished we will move forward with POS discussion, if POS is still in the lead. Phase 3 will be integration to a Barter platform. More info will come on that soon.
For now, I make it clear that I strongly advise to buy and sell BTA wisely.
This was all done with out "donations", investors or premine.
Nearing 12 mths on BTA is still here, still active, still growing.
If you would like to contribute to BTA feel free to donate to CryptoID block exporer - ( if no donations are made, Dev will pay it )
https://chainz.cryptoid.info/bta/#!crypto
Hosting for this blockchain will expire on
2016-05-16 (in 19.6 days)
Hosting can be extended by a donation to
BTC 1D2pVfE6WHLxzyAYXR8Xqb6MESfkagkACX
Hosting rate for this blockhain is currently $7.5 per month
(approx 0.016 BTC/month with a BTC at $467.5)
Hosting rate go up as memory, CPU and storage requirements of the blockchain grow.
Topped up another 6 mths.
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