Topic: Bottlecaps 2.1 UPDATE REQUIRED - HARDFORK JULY 4 2014 to 200% Annual PoS - page 90. (Read 388610 times)

High PoS Coin IRC Society

So I've been watching Hyperstake (HYP) and noted that they have a fairly active community going on in their IRC. Unlike the usual junk altcoins vying to "replace BTC" before crashing in value as "investors" move on to the next coin, high PoS coins can exist in harmony since they all provide different features and risk/return profiles to the cryptocurrency *asset* market.

Right now, I'm trying to see if there is interest in having a joint IRC channel for such coins. I'm looking to involve established coins with at least semi-active developers.

Feel free to reply and/or PM me with suggestions as well as anything that you'd be willing to offer, help with, or spearhead. I don't mind topping off tipbots, games, and other aspects, but I'm looking to have something that the community runs and is interested in doing. Thanks and happy staking

I have made a small quality of life change to CCE. Post links have been changed to get links on most pages.

This means that information in the explorer is now linkable:

Example:

http://cap.cryptocoinexplorer.com/block?block=658750

I agree, many people work very hard to combine, split, start and stop the wallet. I rather just turn it on and let it do its thing. It seems to do it well!

Overall I am pleased with the growth of the money supply, the users, and the price.

Cool. Let us know when it is complete!

My thoughts are a second to this, original statement, i think the market has an amazing ability to balance itself, everyone seemed to very much support this update but could further changes to the reward base hurt confidence down the track?

I think the perception was that the code was "unfinished / broken" you have both increased the stake making the system interesting and fixed many flaws.

from a reward perspective its seems like a "fire and forget" type aspect as growth is increasing?

ha - red face from me i missed this totally - Tranz I have a couple of generic questions for you before I add this to my "Oracle investment journal."

I will Pm you its very general info.

This is basically my thoughts as well. I think it is good and working as designed, perhaps a tweak or two in the future, but nothing for sometime. I just wanted uses to be aware..

Every code change is completely public, and available for review, copy, enhancements, whatever.  I never release wallets from hidden source, unless expressly told. If someone wants to use the work I do, it's there for their enjoyment!

Sexy; thank you I'll check it out in HBN later and if TEK doesn't have this, it needs it posthaste!

HBN had it first.    A few other coins may have it as well now. I think GRW and maybe TRK but not sure...



That is from the gui. Just click on the network->Current PoS Info. Or click the Staking Icon.

The RPC command is getmininginfo

Also, that's a nice spec command in CAP. What's the RPC call for it and does any other coin have that? TEK and others definitely need it since it saves on the maths for figuring it out alone.

My bank doesn't even pay 1%

I like this demand driven change in the PoS rate. I don't understand what happened over at TEK 100%, but since I'm assuming that more CAP'pers leave their wallets open to stake since they have more blocks due to the max block reward in place, this has been a gradual versus sporadic thing in CAP. For example, I got a 40% TEK stake recently after getting around 20% stakes on the 31st, and now there are reports of a 5% one, but I don't know how true that is. I think TEK should probably move over to a max block reward of some sort like CAP since it will only make the network stronger and any rate changes smoother for wallets to be open as often as possible.

Fact is, the demand for CAP staking is greater atm, hence the lower the rate that needs to be paid to entice people to stake. If they don't like it, they can stop staking, sell, and see where demand and, as a result, the stake difficulty go.

High PoS coins are demand-driven financial assets that price their prospective rate themselves This is some spooky stuff here; SkyNet is next

Since I saw this was an issue with TEK, although the coin was changed without much discussion, I did want to get out in front of it here, ahead of any complaints.

The good news is people are staking wonderfully on the CAP network. Last 1000 blocks like 80-90% are being carried by PoS. This is great!

The news is, this is also causing the PoS difficulty to increase. Great for network security, and inflation, but not so good for high yield investment.

The bad news (albeit not unexpected) is the staking percentage is lowering, as per the coding requirements, and is sitting at 180-190% per year, currently.


I am not suggesting and won't do anything rash. I am actually good with it, as it stands right now. I would like a lot more data to analyze before any change is made. At least another 6 months to 1 year.

Looks like the staking is starting to slow down, so the difficulty should lower soon. But if we want to discuss changing this at some point, please feel free.

Thoughts?

Thanks!

Thanks rgm, it's appreciated . I just bought another 750 Cap so I'll throw that in too.

25% from me James.
Estimated to start staking around 2-5 October.
I only acquired a reasonable amount lately.

Hey guys, I have a few idea's for some bounties for CAP in the works but before then I wanted to get one in particular rolling. I've thrown 1000 CAP (and hopefully more soon) into this address here : F43h4k8Mu2uoD6wLVNkQt8CGXQhRSk31uA .This is for some new icons to be made up for the client. Tranz has been kind enough to keep throwing updates in for the client and it would be great if we could get some awesome new icons made up to help him out.

If anyone is interested in helping out please show some love and send some CAP to the Bounty address. Also as per Tranz's last update you can even use the cool new Auto-savings feature to send a portion of your stake to help out getting some new icons/updates pushed for CAP. If you need help setting this up, please don't hesitate to ask. Another great way to help out would be to get started on making some new icons for the client . This will be the first of many "rolling" bounties so the stake on this will continue to compound in this address indefinitely until someone claims it.

- If you're looking for some icon inspiration check out Moneromoo's icons he recently made for the Hyperstake wallet here: https://bitcointalksearch.org/topic/m.8108648
Please don't copy this design though.Obviously something Bottlecaps'esque would be required for our icons.

First bounty address for new icons and continued client update :F43h4k8Mu2uoD6wLVNkQt8CGXQhRSk31uA

It is autosavings.
"help" will give you all rpc commands.

Also version 2.2 is available which has it embedded in the gui.

Does anyone know the RPC command for CAP's version of stake4charity/autosaving? Thanks

I'm not a beggar mate, shall buy some, thanks.

No faucets but I'm fairly certain that if you posted an address you'll get some CAP.