Topic: 🚀🚀🚀🚀 | GorillaBucks | Custom Multipool LIVE | Social Media Network | 💵🐵💵 - page 146. (Read 133306 times)

Im already getting the word out: http://bitcoinlasvegas.net/variance-coin-vary-sha-256-from-dev-igotspots-to-be-released-very-soon-spots-says-maybe-tonight-51615/

I dunno. Talking to a few pool ops now that may be setting up for the launch, but I really think pools will struggle to keep up

I cannot stress this enough.. if you rent rigs for this, you are probably going to be disappointed. Rent them after block 100k and you will get far better performance

Another interesting concept! I'll mine this, when's the launch?

Cool concept! Sha256 a good choice.

As many of you know, 10k started as a chain we could use to experiment new mechanics. It worked great, and not only did we use what we learned in BALLS, but we then merged the two into a more serious project, GorillaTeeth. Now we are at a crossroads. With GorillaBucks ready to start moving when GorillaEx comes back, we have a fresh chain that already has interest in it, but no place to test new ideas.. until now

This brings us to Variance. If this staking system works well, the plan is to bring it over to GorillaBucks. The only difference is that we will leave mining active on this one until Block 8 million. This coin is merge minable with BTC and we will work with pools to get this set up later on

The way stake rewards are calculated are dramatically different in Variance. For this reason, we need to ensure the network gets to block 100,000 as quickly as possible for system scaling tests. The most efficient way to achieve this is to keep difficulty low for the first 100,000 blocks. Everyone will have a fair shot at the initial rush, but I would very highly suggest against renting rigs. Mining pools will most likely not be able to keep up with the rush of blocks being found prior to block 100,000. After 100k, it will start moving to more manageable, long term levels. Variance also comes out of the box ready to be merge mined with Bitcoin, PPC, and any other SHA coins that are set up to be auxiliary chains. With Proof of Work active until Block 8 million, this will be a feature I actively pursue making use of

Stake rewards change quite a bit in this one, which bring us to the entire point. We need to test this system to ensure it won't break prior to implementing it into GorillaBucks. Coinage is scaled so the rich won't become richer at such a ridiculous, compounding pace. Large and small deposits will be scaled to generate from nearly the same sliding range

This is not being premined or instamined by myself or anyone else. Why am I posting it in this thread and not in its own? Because you guys are the only ones I care about on these forums. Please remember this is testing a totally different way to do rewards, so things might break. The goal of this coin is not to shill, market, or try to get it traded anywhere. If that happens, cool, but if not, that's fine

TL;DR - It is imperative to remember that Variance is essentially a standalone GorillaBucks test chain. If you rent rigs for this launch, you will just be pissed off that no pools can keep up

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Coin Specs

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• SHA 256/Merged Ok
• Four Minute Blocks
• 1 VARY per PoW Block
• 1 Hour Deposit -> Stake Eligible
• 8 Hours Mine/Mint -> Full Confirm
• No Yearly Stake Rate
• Scaling Stake Rewards
• • Small rewards scaled up
• • Large rewards scaled down

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Wallets

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Still doing some final tests. Just giving you guys a fair warning that this is coming.. It may be as early as tonight. The coin is basically ready, just testing stakes past block 10,000

Haven't heard back from ThePeePs for a while. Cannot verify status, sorry

MMXIV multipool doesnt work anymore?

It's pretty much by design until GorillaEx comes back. The timings are a bit off right now, but the overall plan continues as planned

I am also testing some new staking mechanics that I would like to bring to BUCKS. It needs a live run before I can consider it reliable enough, though

Hello Paul can you help me please with the 2fa in btcpool and the btc withdraw stucked?

Hey Spots, Is there a block explorer for Bucks?

My wallet has been stuck on 11245 since yesterday, anyone else stuck?

OK Update time 


ALL Orders have now been closed 
please remove all your coins from gorilla.exchagne

No problem

I've been playing with new ways to calculate PoS rewards for BUCKS, and I think I came up with something interesting, but it needs some massive testing first..

Worked perfect for me in console, thanks for the help IgotSpots.

c-cex has their coins stuck in Stake and cannot get them to not stake for some reason. How do I know this? I've been receiving PM's from them for the past couple days saying my coin is broken and reservebalance doesn't work. So if anyone has problems with reservebalance, please let me know, but it's working fine for me..

You should have received 1 TEETH by the exchange to cover the withdraw.. This only applies to Gorilla.Exchange

I have withdrawn but with 1 TEETH fee. Wasn't the fee supposed to be waived?

Or in the debug console reservebalance=true (amount here)

Love the fee's on the exchange...  So Paul, after I had withdrawn the balance, the logic that figures in the fees' is still in place however the implementation of it looks like it is not.  results in withdraws leaving a fee amount in balance.  if you can access mine when the site goes down, consider it a tip.  Thanks...  if you need me to do anything pm me...

although I tried to withdraw btc and is has not come through yet, waiting for approval.  user mattei

 C-Cex wallet is under maintanence long time,looks like thay didnt update his wallet