And I also noticed the pool's load always less than 10% after cloudflare implementation. Pool is quite stable now.
BTW, I cannot find transaction history in new UI, am I overlook?
Topic: BiblePay - New Coin Launch - Official Thread - page 102. (Read 119834 times)
I noticed that pool has changed user interface, it is much better compared to version 1
And I also noticed the pool's load always less than 10% after cloudflare implementation. Pool is quite stable now.
BTW, I cannot find transaction history in new UI, am I overlook?
And I also noticed the pool's load always less than 10% after cloudflare implementation. Pool is quite stable now.
BTW, I cannot find transaction history in new UI, am I overlook?
Here you go, here is some relevant pool info here:
http://forum.biblepay.org/index.php?topic=2.new#new
http://forum.biblepay.org/index.php?topic=2.new#new
Do you have an official whitepaper?
Go ahead and put a ticket in for it and assign to me for escalate.
I can't login to my pool account!
Do you have an official whitepaper?
What exactly is happening at f7000?
F7000 (block 7000) the underlying algo base will transition from its provisional state (now) where it is a combination of X11 and the dev's own "Proof of BibleHash" (in simple terms, crypto based on hashing the King James Version of the Bible). It will transition to a final state where the only algo is the Proof of Biblehash. Basically the final (big) tweak to the underpinning of the coin. The other big sign on the road map is Masternodes (or "Sanctuaries") which will be implemented at the end of the year.
Thanks for explanation! I wonder what the new hashrates will be
The reason this has not got a lot of attention, is happy_merchants reports were pretty revealing. The current prod chain contains quite a few blocks that exceeded the 'late block threshhold' (thats 60 minutes in prod). This appears to have driven the 7 minute average to 10 minutes.
His testnet report, (the second one), shows that with the f7000 late block threshhold of 30 minutes, the average drops way down to just over 7 minutes, meaning that the coin specification arguments (which are unchanged) really were affected by the outlying late blocks. So Im confident this will veer down after f7000 is released.
His testnet report, (the second one), shows that with the f7000 late block threshhold of 30 minutes, the average drops way down to just over 7 minutes, meaning that the coin specification arguments (which are unchanged) really were affected by the outlying late blocks. So Im confident this will veer down after f7000 is released.
Thank you for replying, that's very good news. I think the price will not go down due to more coins per day, because there will also be a better underlying technology and a more stable coin and the community.
Thank You
Hello
how to import a wallet with private keys
All the bitcoin rpc commands work, like importprivkey, dumpprivkey, all that, also you can try help from the rpc too.how to import a wallet with private keys
Hello
how to import a wallet with private keys
how to import a wallet with private keys
How long does it take for the coins to mature?
I'm still unable to withdraw the coins I've mined yesterday.
I'm still unable to withdraw the coins I've mined yesterday.
Good Day !
I registered yesterday at the pool, create worker, etc... and i think everythings work well.
I check the withdraw menu, and i see i have xxxx immature balance. When change to available ? Few hour or 1-2 day?
Thank You !
I registered yesterday at the pool, create worker, etc... and i think everythings work well.
I check the withdraw menu, and i see i have xxxx immature balance. When change to available ? Few hour or 1-2 day?
Thank You !
The pool releases each mining credit 24 hours after mined.
Does anyoine know when coin can come to poloinex?
You can leave BBP in the pool as long as you want but you risk a pool break-in, so I recommend withdrawing 75% per month just to not leave thousands of dollars at risk in there.
As far as more exchanges, I would like to see us be widely held and deploying our masternodes before pushing this to the public. Lets let the early adopters get rewarded.
But we are getting hard to find a block per day now, I see that we can't even get 205 blocks per day recently, so I was wondering will we still have 1.4billion in the 1st year.
If you look at the overall rate of expected blocks, we're pretty much right on target (well, we were when I ran the numbers this morning).
How are we right on target? Last GMT day (September 2, 00:00-23:59) there were only 141 blocks instead of the expected 205. You can check in the block explorer that the first block for the day was 5729 and the last one was 5870.
And every day is similar, you can continue going to the past like this to check, or you can simply divide the total number of blocks found (currently 5922) by the total number of days (currently 41 and a half) and you'll get the average of: 5922 / 41.5 = 142.7 blocks per day. Not only is it way off from the 7 minute block time (205 blocks per day, so almost a third of the blocks are missing), it's also suspiciously close to the 10 minute block time which is 144 blocks per day.
Numbers don't lie, but some are dismissing the possibility that something is wrong and that this must be "temporary luck", that in the long term it will be 205 blocks/day or 1 block/7 minutes. But there's never been a day with more than 205 blocks for it to be a normal averaging variance, it's always less than even 165 or so. We'll see how things will change with f7000.
Addendum: to acknowledge how impacting this is to the coin and the total supply calculations, if it had 205 blocks per day, we would have a total of 657M coins by 01.01.2018, but the reality is that we will have 458M coins instead, so almost 200M less. At least at this rate, but I expect changes after block 7000.
Btw, I'm a hodler, so I'm totally fine with this situation.
I'm just putting the numbers down.The reason this has not got a lot of attention, is happy_merchants reports were pretty revealing. The current prod chain contains quite a few blocks that exceeded the 'late block threshhold' (thats 60 minutes in prod). This appears to have driven the 7 minute average to 10 minutes.
His testnet report, (the second one), shows that with the f7000 late block threshhold of 30 minutes, the average drops way down to just over 7 minutes, meaning that the coin specification arguments (which are unchanged) really were affected by the outlying late blocks. So Im confident this will veer down after f7000 is released.
How long does it take for the coins to mature?
I'm still unable to withdraw the coins I've mined yesterday.
I'm still unable to withdraw the coins I've mined yesterday.
Good Day !
I registered yesterday at the pool, create worker, etc... and i think everythings work well.
I check the withdraw menu, and i see i have xxxx immature balance. When change to available ? Few hour or 1-2 day?
Thank You !
I registered yesterday at the pool, create worker, etc... and i think everythings work well.
I check the withdraw menu, and i see i have xxxx immature balance. When change to available ? Few hour or 1-2 day?
Thank You !
The pool releases each mining credit 24 hours after mined.
Does anyoine know when coin can come to poloinex?
How long does it take for the coins to mature?
I'm still unable to withdraw the coins I've mined yesterday.
I'm still unable to withdraw the coins I've mined yesterday.
Good Day !
I registered yesterday at the pool, create worker, etc... and i think everythings work well.
I check the withdraw menu, and i see i have xxxx immature balance. When change to available ? Few hour or 1-2 day?
Thank You !
I registered yesterday at the pool, create worker, etc... and i think everythings work well.
I check the withdraw menu, and i see i have xxxx immature balance. When change to available ? Few hour or 1-2 day?
Thank You !
The pool releases each mining credit 24 hours after mined.
How long does it take for the coins to mature?
I'm still unable to withdraw the coins I've mined yesterday.
I'm still unable to withdraw the coins I've mined yesterday.
But we are getting hard to find a block per day now, I see that we can't even get 205 blocks per day recently, so I was wondering will we still have 1.4billion in the 1st year.
If you look at the overall rate of expected blocks, we're pretty much right on target (well, we were when I ran the numbers this morning).
How are we right on target? Last GMT day (September 2, 00:00-23:59) there were only 141 blocks instead of the expected 205. You can check in the block explorer that the first block for the day was 5729 and the last one was 5870.
And every day is similar, you can continue going to the past like this to check, or you can simply divide the total number of blocks found (currently 5922) by the total number of days (currently 41 and a half) and you'll get the average of: 5922 / 41.5 = 142.7 blocks per day. Not only is it way off from the 7 minute block time (205 blocks per day, so almost a third of the blocks are missing), it's also suspiciously close to the 10 minute block time which is 144 blocks per day.
Numbers don't lie, but some are dismissing the possibility that something is wrong and that this must be "temporary luck", that in the long term it will be 205 blocks/day or 1 block/7 minutes. But there's never been a day with more than 205 blocks for it to be a normal averaging variance, it's always less than even 165 or so. We'll see how things will change with f7000.
Addendum: to acknowledge how impacting this is to the coin and the total supply calculations, if it had 205 blocks per day, we would have a total of 657M coins by 01.01.2018, but the reality is that we will have 458M coins instead, so almost 200M less. At least at this rate, but I expect changes after block 7000.
Btw, I'm a hodler, so I'm totally fine with this situation.
I'm just putting the numbers down. But we are getting hard to find a block per day now, I see that we can't even get 205 blocks per day recently, so I was wondering will we still have 1.4billion in the 1st year.
The difficulty should scale back and correct the rate. If you look at the overall rate of expected blocks, we're pretty much right on target (well, we were when I ran the numbers this morning). Every so often you get a drought, it's statistics (outliers and averages), then the system drops the difficulty to correct the drought and bring it back in line with the target. It's not an exact science but overall, the overall number of blocks won't likely get out of sync by more than 100 or so in most systems, and I'm pretty sure this one will behave the same way.
holy mining
Could you please explain one thing to me? When I bought this coin, the circulating supply according to coinmarketcap was 99 million, now it's 116 million. Will the daily increases in circulating supply slow down over time? As it was the case with bitcoin?
In short, yes, the increase slows down eventually.
With Bitcoin its 50% reduction every four years. With BBP it's 10% reduction in block reward every 12 months. The coin started in late July. For now it's expected to create a block every 7 minutes with a block reward of 20,000 BBP. In nice round numbers, until July 2018 this coin supply will increase by 4.1 million a day, although some days will be less and other more due to the uncertain nature of if a block will be hit on the 7 minute mark (but over time, 205.x blocks a day is the target average). Come July 2018, the block reward will be down to 18K, July 2019 will be to 16.2K and so on.
As I write this we're on block 5822, so there are 116.4 Million (+/-) BBP in circulation, which is pretty much were the math says it should be. In another 41 days there will be 232M BBP (total) and right around 660M at calendar years end.
But we are getting hard to find a block per day now, I see that we can't even get 205 blocks per day recently, so I was wondering will we still have 1.4billion in the 1st year.
Nice Forum Update Rob and Team! =)
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