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https://bitcointalk.org/index.php?topic=285619.20
Topic: Bottlecaps 2.1 UPDATE REQUIRED - HARDFORK JULY 4 2014 to 200% Annual PoS - page 158. (Read 388610 times)
September 01, 2013, 03:31:13 PM
September 01, 2013, 02:43:12 PM
Cheap CAP @Cryptsy, buy buy buy 
September 01, 2013, 02:28:05 PM
For those of you interested in supporting Bottlecaps CAP and ALT's in general PLEASE shop at our vendors we have several more coming in the next 24-48 Hours.
Want to help us get more vendors and marketing? Donate here Ep8U8c2KbYUYUtDGdWKdCZubSPB3MDpuXx
Shopping with Bottlecaps
Buy great steam games with your bottlecaps
http://www.coingas.com
Buy Various Jerky and treats with Bottlecaps
http://jaysjerkyandgoodies.com
Like Great BBQ sauce? I am sure do and you can buy it with bottlecaps!
http://sauce4coins.com
Live in Canada and use Itunes? Why not buy credit with bottlecaps! Not in Canada buy BattleTanks credits!
http://bottlecapstore.weebly.com
What was fallout with odd sexual innuendos? Well now you can dress up and get all kinds of crazy sex toys with CAPs!
http://www.cryptosextoys.com
Want to buy Gold and Silver with your Bottlecaps?
http://www.igotspots.com/caps.html
Want to help us get more vendors and marketing? Donate here Ep8U8c2KbYUYUtDGdWKdCZubSPB3MDpuXx
Shopping with Bottlecaps
Buy great steam games with your bottlecaps
http://www.coingas.com
Buy Various Jerky and treats with Bottlecaps
http://jaysjerkyandgoodies.com
Like Great BBQ sauce? I am sure do and you can buy it with bottlecaps!
http://sauce4coins.com
Live in Canada and use Itunes? Why not buy credit with bottlecaps! Not in Canada buy BattleTanks credits!
http://bottlecapstore.weebly.com
What was fallout with odd sexual innuendos? Well now you can dress up and get all kinds of crazy sex toys with CAPs!
http://www.cryptosextoys.com
Want to buy Gold and Silver with your Bottlecaps?
http://www.igotspots.com/caps.html
September 01, 2013, 01:16:45 PM
The coin is NOT majorly broken but is still "getting back on track" and to say there are no valid blocks being mined and that all hash power is completely being wasted is absurd! Yes there are a high rate of orphans but that is due to the pos backlog and blocks are being found at 2-4 a minute and not the usual 1 a min...what was 75% orphan or waste is not the case now
The figures I posted from multipool show that yes, there is still more than a 75% orphan rate.
They recently hit 18 orphaned blocks in a row.
September 01, 2013, 01:12:46 PM
It all depends really. Im guessing cryptsy for instance is generating hundreds of POS blocks all for little to 0 value. Ill try to speak to vern and see what he says
If your generating stake right now I would advise you move your coins in larger amounts and wait the 30 days again. At that point rewards will no longer be rounded to 0 and you will receive your appropriate reward but if you don't its not going to kill anything.
If your generating stake right now I would advise you move your coins in larger amounts and wait the 30 days again. At that point rewards will no longer be rounded to 0 and you will receive your appropriate reward but if you don't its not going to kill anything.
September 01, 2013, 12:35:59 PM
Actually its more like 40-60% true efficiency at moment...but is improving...
How long do you think it will take for all the old POS blocks to catch up and everything to return to normal like u mentioned?
How long do you think it will take for all the old POS blocks to catch up and everything to return to normal like u mentioned?
September 01, 2013, 12:28:09 PM
It sounds like the devs don't care if miners are going to get paid to secure the network, they are happy that the entire network is 100% PoS.
PoW doesn't provide any additional security in CAP. In NovaCoin it does, but not in CAP. PoW is just an initial coins creation tool here, and nothing more. There will be no PoW miners in the future, PoS generation will throw them away. It's only a matter of time before this happens.This is absolutely correct. As with almost all new POS /POW NVC clones. Im working on the changes to correct this and once done the network will benefit from POS unlike right now. But in the short term this should clear up on its own.
You, Sunny King an YukonCoinelius have been a great help and I hope to continue working with YukonCoinelius to make further changes necessary to get POS into the role it is supposed to fill. Securing the network not orphaning POW blocks in high numbers.
CAPS was made by the original developer not knowing how the 1 minute stake spacing would ne handled by the network. When I took over I knew it was no good but thankfully the network could not generate stake fast enough with requirements. Most of these other NVC clones are actually caps forks made before the original had time to flourish and show its weaknesses. Hopefully my work will be used by the other developers of these to strengthen their network and make POS actually secure the network
September 01, 2013, 12:11:44 PM
Yes PoS moves the network as well. Give it a whirl blocks moving along fine.
Bottlecaps is a MAJOR BROKEN coin right now. Thankfully we aren't seeing forks, but there are ZERO mined blocks being found. You should tell all miners to stop mining, as they are wasting the power used, because they will not be paid for the work done, and they aren't helping in securing the network. With v1.5, you now have a coin that is 100% being powered by PoS, no need for miners anymore.The coin is NOT majorly broken but is still "getting back on track" and to say there are no valid blocks being mined and that all hash power is completely being wasted is absurd! Yes there are a high rate of orphans but that is due to the pos backlog and blocks are being found at 2-4 a minute and not the usual 1 a min...what was 75% orphan or waste is not the case now...orphans still high yes but valid blocks are giving about 60-75% of estimate payouts...so getting better...and it will improve more very soon...
September 01, 2013, 11:10:52 AM
Also, what is the time target for "activation" of POS generation in CAPs?
In NVC it is 30-90 days, and what about CAPs?
It is strange, that there is no such info on the 1st page of this topic.
In NVC it is 30-90 days, and what about CAPs?
It is strange, that there is no such info on the 1st page of this topic.
September 01, 2013, 10:33:30 AM
Can anybody tell me what is POS annual interest rate for CAP? I can't find this info anywhere.
September 01, 2013, 10:11:04 AM
I think the Devs have explained that once the Stake is paid out then orphans will dissipate. Proof of Stake is a good thing mine the coins and hold them and your still getting paid. All the guys who have been mining the past 3 weeks are getting their stake (finally) that is by design.
September 01, 2013, 10:09:51 AM
It sounds like the devs don't care if miners are going to get paid to secure the network, they are happy that the entire network is 100% PoS.
PoW doesn't provide any additional security in CAP. In NovaCoin it does, but not in CAP. PoW is just an initial coins creation tool here, and nothing more. There will be no PoW miners in the future, PoS generation will throw them away. It's only a matter of time. September 01, 2013, 10:08:36 AM
Yes PoS moves the network as well. Give it a whirl blocks moving along fine.
Bottlecaps is a MAJOR BROKEN coin right now. Thankfully we aren't seeing forks, but there are ZERO mined blocks being found. You should tell all miners to stop mining, as they are wasting the power used, because they will not be paid for the work done, and they aren't helping in securing the network. With v1.5, you now have a coin that is 100% being powered by PoS, no need for miners anymore.Please read those before making more incorrect statements. The coin is working as itended.
September 01, 2013, 10:07:12 AM
Why would any miners point hashrate at this coin if it is just being wasted?
It sounds like the devs don't care if miners are going to get paid to secure the network, they are happy that the entire network is 100% PoS. September 01, 2013, 10:04:28 AM
This is working as expected?
Yes. This is the normal behavior for the system with 1 min stake target spacing.Why would any miners point hashrate at this coin if it is just being wasted?
They are free to do what they want, network will continue operation even without them. But it's better to increase target spacing, of course. September 01, 2013, 09:58:58 AM
Too many panic from nothing. Nothing is "broken" here, everything works as it should work with such incredible settings.
Stats from multipool:
Quote
99,803 Orphan jopeto Sep 01 3:40 PM
99,801 Orphan jopeto Sep 01 3:39 PM
99,797 Orphan jopeto Sep 01 3:38 PM
99,796 Orphan jopeto Sep 01 3:34 PM
99,795 Orphan zojcep Sep 01 3:31 PM
99,793 Orphan Burksdb Sep 01 3:30 PM
99,792 Orphan jopeto Sep 01 3:29 PM
99,789 Orphan jopeto Sep 01 3:25 PM
99,779 30 jopeto Sep 01 3:17 PM
99,778 Orphan barom Sep 01 3:16 PM
99,774 35 barom Sep 01 3:12 PM
99,768 Orphan jopeto Sep 01 3:08 PM
99,767 Orphan drvdrv Sep 01 3:04 PM
99,766 Orphan zojcep Sep 01 2:53 PM
99,756 Orphan pidu Sep 01 2:46 PM
99,751 Orphan jopeto Sep 01 2:45 PM
99,746 Orphan TomSelleck89 Sep 01 2:44 PM
99,744 Orphan jopeto Sep 01 2:44 PM
99,743 Orphan Burksdb Sep 01 2:37 PM
99,739 Orphan jopeto Sep 01 2:32 PM
99,738 Orphan jopeto Sep 01 2:28 PM
99,737 Orphan omalakas Sep 01 2:28 PM
99,727 82 jopeto Sep 01 2:20 PM
99,714 95 TomSelleck89 Sep 01 2:11 PM
99,712 97 Tb75 Sep 01 2:10 PM
99,702 107 Tb75 Sep 01 2:03 PM
99,696 113 jopeto Sep 01 1:59 PM
99,690 Orphan jopeto Sep 01 1:54 PM
99,689 Orphan zojcep Sep 01 1:54 PM
99,686 Orphan jopeto Sep 01 1:51 PM
99,801 Orphan jopeto Sep 01 3:39 PM
99,797 Orphan jopeto Sep 01 3:38 PM
99,796 Orphan jopeto Sep 01 3:34 PM
99,795 Orphan zojcep Sep 01 3:31 PM
99,793 Orphan Burksdb Sep 01 3:30 PM
99,792 Orphan jopeto Sep 01 3:29 PM
99,789 Orphan jopeto Sep 01 3:25 PM
99,779 30 jopeto Sep 01 3:17 PM
99,778 Orphan barom Sep 01 3:16 PM
99,774 35 barom Sep 01 3:12 PM
99,768 Orphan jopeto Sep 01 3:08 PM
99,767 Orphan drvdrv Sep 01 3:04 PM
99,766 Orphan zojcep Sep 01 2:53 PM
99,756 Orphan pidu Sep 01 2:46 PM
99,751 Orphan jopeto Sep 01 2:45 PM
99,746 Orphan TomSelleck89 Sep 01 2:44 PM
99,744 Orphan jopeto Sep 01 2:44 PM
99,743 Orphan Burksdb Sep 01 2:37 PM
99,739 Orphan jopeto Sep 01 2:32 PM
99,738 Orphan jopeto Sep 01 2:28 PM
99,737 Orphan omalakas Sep 01 2:28 PM
99,727 82 jopeto Sep 01 2:20 PM
99,714 95 TomSelleck89 Sep 01 2:11 PM
99,712 97 Tb75 Sep 01 2:10 PM
99,702 107 Tb75 Sep 01 2:03 PM
99,696 113 jopeto Sep 01 1:59 PM
99,690 Orphan jopeto Sep 01 1:54 PM
99,689 Orphan zojcep Sep 01 1:54 PM
99,686 Orphan jopeto Sep 01 1:51 PM
This is working as expected?
Why would any miners point hashrate at this coin if it is just being wasted?
September 01, 2013, 09:49:50 AM
Too many panic from nothing. Nothing is "broken" here, everything works as it should work with such incredible settings.
September 01, 2013, 09:38:44 AM
Yes PoS moves the network as well. Give it a whirl blocks moving along fine.
Bottlecaps is a MAJOR BROKEN coin right now. Thankfully we aren't seeing forks, but there are ZERO mined blocks being found. You should tell all miners to stop mining, as they are wasting the power used, because they will not be paid for the work done, and they aren't helping in securing the network. With v1.5, you now have a coin that is 100% being powered by PoS, no need for miners anymore. September 01, 2013, 09:28:16 AM
Yes PoS moves the network as well. Give it a whirl blocks moving along fine.
September 01, 2013, 09:25:42 AM
With POS being the only blocks being granted, are transactions being included in the blockchain? Or does it require POW blocks to include transactions?
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