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Topic: [DEAD] DeepBit.net PPS+Prop,instant payouts, we pay for INVALID BLOCKS too - page 302. (Read 1601419 times)

newbie
Activity: 2
Merit: 0
Currently I'm not able to login to deepbit site with my account  Huh
hero member
Activity: 742
Merit: 500
FYI, the longpoll specification should say POST, not GET.
It is incorrect for GET to be receiving data in the body of the HTTP request (the JSON-RPC payload).  This confuses HTTP libraries.
As i already answered in IRC, everything is correct, since there is no body in this request.

We may create a different thread for discussing long polling because it's dev thing.
legendary
Activity: 1596
Merit: 1100
FYI, the longpoll specification should say POST, not GET.

It is incorrect for GET to be receiving data in the body of the HTTP request (the JSON-RPC payload).  This confuses HTTP libraries.

hero member
Activity: 742
Merit: 500
if I run bitcoin server, does that helps free transactions ???
Not really if you aren't mining at many GH/s. Including free transactions in block helps, but you need to create new blocks in order to do this, like my pool is doing.

[Tycho],just for informational purposes and in the interests of transparency, do you have a personal rig connected to your pool?
Or any rig, connected to other pools, or solo mining?
Yes, i'm mining at about ~900 MH/s.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo

[Tycho],

just for informational purposes and in the interests of transparency, do you have a personal rig connected to your pool?

Or any rig, connected to other pools, or solo mining?

hero member
Activity: 698
Merit: 500
if I run bitcoin server, does that helps free transactions Huh
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo

I don't see why we cannot just make default fees miniscule as to be insignificant, i.e. 1millibitcent (0.00001 BTC) or similar, but more than zero to discourage spamming TXs.
hero member
Activity: 742
Merit: 500
There always will be someone to accept free txes.
We just have to find a way to fight off the bad guys who are flooding to make fees mandatory :)
Let's hope a solution can be found before it is too late.
I'm glad that this problem appeared before bitcoin become widely recognized, so we have time to work on it.
full member
Activity: 170
Merit: 100
There is no doubt that everybody likes a free lunch.
May I also have a free dessert after the free lunch?  Grin

There always will be someone to accept free txes.
We just have to find a way to fight off the bad guys who are flooding to make fees mandatory Smiley
Let's hope a solution can be found before it is too late.
hero member
Activity: 742
Merit: 500
Great explanation and if I follow correctly, over say a 24 hour period, the blocks that I fully participate in my reward share % should converge towards my pool speed % ( which again is based on the (un)lucky MH/s meter ).
Yes.
member
Activity: 80
Merit: 11
Just have a question regarding rewards. I currently have about 750Mhash/sec in raw speed which fluctuates between 825Mhashes/sec to 650Mhashes/sec average speed on the account pages. As I understand this is figured is based upon the successful submissions of shares. Based on this average speed my pool % is determined, typically around 1.25%. So far I've participated in the finding of one block, a reward of ~0.24 BTC, I would have expected that 1.25% of the pool would be around 0.625 BTC. Or is it that although I am providing 1.25% of the pool speed, I may not be providing 1.25% of the pool shares?
The percentage of pool's speed displayed on account page is based on the "luck meter" (the MH/s speed display), which is based on counting your submitted shares per some minutes. It's not very steady value, so real payment is based on exact number of your shares per solved block.
On average those percentages are similar, but "luck meter" is provided as coarse reference only (you may be more lucky in one minute and less lucky in another one), so check stats page for real value after the block will be added there.

Other differnece between hashing speed percentage and shares percentage:
If you join the pool exactly in the middle of a round and get, for example, 10% of pool's speed and this value may be correct. But since you were participating only half the time, your reward share will be only 5% (4.85%, to be precise). So in this case yes, providing 1.25% of pool's speed doesn't equals to providing 1.25% of shares.

Great explanation and if I follow correctly, over say a 24 hour period, the blocks that I fully participate in my reward share % should converge towards my pool speed % ( which again is based on the (un)lucky MH/s meter ).
legendary
Activity: 1596
Merit: 1100
Paying a fee was always likely necessary in the long run.  You might like sending free transactions, but that also means spammers can spam unlimited numbers of transactions, unless there are some counter-incentives in place.

If that's the case than I'm afraid that bitcoin will fail. I can't be the only one that absolutely despises fees.

There is no doubt that everybody likes a free lunch.

hero member
Activity: 742
Merit: 500
Paying a fee was always likely necessary in the long run.  You might like sending free transactions, but that also means spammers can spam unlimited numbers of transactions, unless there are some counter-incentives in place.
If that's the case than I'm afraid that bitcoin will fail. I can't be the only one that absolutely despises fees.
There always will be someone to accept free txes.
We just have to find a way to fight off the bad guys who are flooding to make fees mandatory :)
full member
Activity: 170
Merit: 100
Paying a fee was always likely necessary in the long run.  You might like sending free transactions, but that also means spammers can spam unlimited numbers of transactions, unless there are some counter-incentives in place.

If that's the case than I'm afraid that bitcoin will fail. I can't be the only one that absolutely despises fees.
hero member
Activity: 742
Merit: 500
Just have a question regarding rewards. I currently have about 750Mhash/sec in raw speed which fluctuates between 825Mhashes/sec to 650Mhashes/sec average speed on the account pages. As I understand this is figured is based upon the successful submissions of shares. Based on this average speed my pool % is determined, typically around 1.25%. So far I've participated in the finding of one block, a reward of ~0.24 BTC, I would have expected that 1.25% of the pool would be around 0.625 BTC. Or is it that although I am providing 1.25% of the pool speed, I may not be providing 1.25% of the pool shares?
The percentage of pool's speed displayed on account page is based on the "luck meter" (the MH/s speed display), which is based on counting your submitted shares per some minutes. It's not very steady value, so real payment is based on exact number of your shares per solved block.
On average those percentages are similar, but "luck meter" is provided as coarse reference only (you may be more lucky in one minute and less lucky in another one), so check stats page for real value after the block will be added there.

Other differnece between hashing speed percentage and shares percentage:
If you join the pool exactly in the middle of a round and get, for example, 10% of pool's speed and this value may be correct. But since you were participating only half the time, your reward share will be only 5% (4.85%, to be precise). So in this case yes, providing 1.25% of pool's speed doesn't equals to providing 1.25% of shares.
legendary
Activity: 1596
Merit: 1100
As we can see, someone keeps flooding transaction queue with hundreds of small payments, possibly to force everyone into setting a mandatory transaction fee.
Already more than 1/4 of network is not accepting free transactions, which I don't like because at this time free transactions are a great bitcoin advantage when comparing to another online payment systems.

Use -limitfreerelay in current git.  That will reduce spam, while still allowing free transactions.  Non-spammy transactions with larger amounts and older coins will still have higher "free" priority over spam transactions, while continuing to avoid fees.

legendary
Activity: 1596
Merit: 1100
I'm glad to hear that. Slush's decision to stop including free transactions was the main reason why I switched from his pool to yours. I hope the spam problem can be resolved. In my opinion, if  paying a fee will become necessary, bitcoin will die. What is the most hated thing about traditional banking? IT'S THE FEES!

Paying a fee was always likely necessary in the long run.  You might like sending free transactions, but that also means spammers can spam unlimited numbers of transactions, unless there are some counter-incentives in place.
member
Activity: 80
Merit: 11
Hello:

Just have a question regarding rewards. I currently have about 750Mhash/sec in raw speed which fluctuates between 825Mhashes/sec to 650Mhashes/sec average speed on the account pages. As I understand this is figured is based upon the successful submissions of shares. Based on this average speed my pool % is determined, typically around 1.25%. So far I've participated in the finding of one block, a reward of ~0.24 BTC, I would have expected that 1.25% of the pool would be around 0.625 BTC. Or is it that although I am providing 1.25% of the pool speed, I may not be providing 1.25% of the pool shares?



full member
Activity: 170
Merit: 100
Regarding this i want to say that my pool will continue to accept free transactions in my blocks.

I'm glad to hear that. Slush's decision to stop including free transactions was the main reason why I switched from his pool to yours. I hope the spam problem can be resolved. In my opinion, if  paying a fee will become necessary, bitcoin will die. What is the most hated thing about traditional banking? IT'S THE FEES!
hero member
Activity: 742
Merit: 500
As we can see, someone keeps flooding transaction queue with hundreds of small payments, possibly to force everyone into setting a mandatory transaction fee.
Already more than 1/4 of network is not accepting free transactions, which I don't like because at this time free transactions are a great bitcoin advantage when comparing to another online payment systems.

Regarding this i want to say that my pool will continue to accept free transactions in my blocks. (I alrealy tried to delay this problem by including most of those flood txes when they were generated, but it's not feasible anymore to accept them all)
Also, i'm including all my payment transactions, so pool members will continue to receive their rewards without transaction fees.
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