Author

Topic: HoboNickels - HBN - High Fast Stake - Version 2.0! More Secure, Less Intensive - page 141. (Read 478852 times)

sr. member
Activity: 373
Merit: 250
Makes sense. Still like having the ability to move all staked by default to an address or two. It could be mentioned on that screen that it's possible.
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
Intended or not you can give ~100% stake for charity. I have 2 computers running a wallet with 50% stake for charity to same address. Sends close to 100% of stakes. I am sure if you had a 3rd or 4th setup you would 3x/4x stake for charity.

And I am completely sure that would not work, because it would only attempt to doublespend. 100% charity staking is possible, because it only moves the coins you stake to your main wallet. It cannot move any coins which have not been generated.
sr. member
Activity: 373
Merit: 250
Intended or not you can give ~100% stake for charity. I have 2 computers running a wallet with 50% stake for charity to same address. Sends close to 100% of stakes. I am sure if you had a 3rd or 4th setup you would 3x/4x stake for charity.
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
  Shocked

I have no idea what is going on, but this is awesoooome
legendary
Activity: 1372
Merit: 1022
Anarchy is not chaos.
so there is no way to send many of the same transactions to one address quickly? Would it work if I repeated the same address over and over, or must they be different?

Vegas

Ok, generate the number of addresses you want, or use the same one over and over again. Not splitblock, and you don't need coincontrol.

sendmany address:amt, address:amt, etc...


EDIT: Almost all satoshi derived coins have this feature.

Hobonickels is a Script coin. Isn't that different from being satoshi derived?

I assume you meant scrypt, and no, it isn't. All are derived from bitcoin code, and share most if not all of the same RPC commands as bitcoin. The mining algorithm and proof of stake components are different, of course, but the base code is still bitcoin. NXT, for instance, is programmed from the ground up. While conceptually similar to bitcoin, it's code is completely original. (and a pain in the ass, in my arrogant opinion).
legendary
Activity: 2534
Merit: 1129
HBN is one of the most stable and advanced Proof of Stake coins. That is because it has not been in the spotlight for speculation, and Tranz has been able to patiently concentrate on excellent development.

legendary
Activity: 912
Merit: 1000
Prepare for takeoff



I LOVE that curve!!! I can already see the rocket fuel trail behind it Wink

Disclaimer: I am biased as hell. Hobonickels and Bottlecaps are my 2 favorite coins!!

Vegas

I agree.  Hobonickels is one of the best POS coins and is well undervalued, almost ridiculously so, given all it has going for it.  Any daily mining profits I generate go 100% into buying HBN right now.  It is one of the few quality coins that has not seen much of a price increase lately...for some reason it has been under the radar...I do not expect that situation to last much longer.
legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
Prepare for takeoff



I LOVE that curve!!! I can already see the rocket fuel trail behind it Wink

Disclaimer: I am biased as hell. Hobonickels and Bottlecaps are my 2 favorite coins!!

Vegas
legendary
Activity: 912
Merit: 1000
What blocksize is the best in terms of getting fast and  stake? I had a lot of small blocks <30 which didnt stake after 17+ days - also has eaten 30% of my i5 cpu . So I cleaned my wallet up and made 10 x 5k blocks. These stake pretty much within 12h of being 10 days old. I just took a look in the wiki and I'm not sure what the slows the rate coins are generated means? What blocksize you guys prefer and why(explain as I'm 5 years old Cheesy )? I'm kinda not looking through here.

Quote
Benefits of larger blocks:

Larger reward on PoS generation
Lowers the CPU use to run stake (multiple small blocks are more difficult to process)
Faster generation of stake (wastes less power running computers)
Benefits of smaller blocks:

Enhances network security (more hash rate devoted to PoS)
Easier for the network to process
Slows the rate new coins are generated

You seem to have figured it out pretty well yourself.  I tend to try and keep my blocks between 3-7k.  This works well for quickish staking while not hitting the max stake reward cap.

Regarding your other question, many small blocks on the network increases competition for stake raising difficulty thats means it tends to both take longer to get a stake and the reward % is lower hence slows the rAte of new coin generation.
full member
Activity: 141
Merit: 100
What blocksize is the best in terms of getting fast and  stake? I had a lot of small blocks <30 which didnt stake after 17+ days - also has eaten 30% of my i5 cpu . So I cleaned my wallet up and made 10 x 5k blocks. These stake pretty much within 12h of being 10 days old. I just took a look in the wiki and I'm not sure what the slows the rate coins are generated means? What blocksize you guys prefer and why(explain as I'm 5 years old Cheesy )? I'm kinda not looking through here.

Quote
Benefits of larger blocks:

Larger reward on PoS generation
Lowers the CPU use to run stake (multiple small blocks are more difficult to process)
Faster generation of stake (wastes less power running computers)
Benefits of smaller blocks:

Enhances network security (more hash rate devoted to PoS)
Easier for the network to process
Slows the rate new coins are generated
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
hero member
Activity: 672
Merit: 500
http://fuk.io - check it out!
damn Tranz - where do i get latest chain? i wasnt openin wallet for a bit and it.. hurts Wink 100 days to go.

https://bitcointalksearch.org/topic/m.3251165

thanx but overnight i got it downloaded. stacking all day now Wink
hero member
Activity: 672
Merit: 500
http://fuk.io - check it out!
damn Tranz - where do i get latest chain? i wasnt openin wallet for a bit and it.. hurts Wink 100 days to go.
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
the term "pow/pos" has been destroyed by a year of instamine POW straight to stake.

What term does Hobo prefer?
"pow/pos hybrid" ?
newbie
Activity: 31
Merit: 0
so there is no way to send many of the same transactions to one address quickly? Would it work if I repeated the same address over and over, or must they be different?

Vegas

Ok, generate the number of addresses you want, or use the same one over and over again. Not splitblock, and you don't need coincontrol.

sendmany address:amt, address:amt, etc...


EDIT: Almost all satoshi derived coins have this feature.

Hobonickels is a Script coin. Isn't that different from being satoshi derived?
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
Looks like we are at around 5000 sat currently Smiley nice to see a rise together with LTC and BTC
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
I wanted to buy a lot more, but the buy wall is so stiff that I would have to climb up real high to really get anything, which I don't feel like doing right now
legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
so there is no way to send many of the same transactions to one address quickly? Would it work if I repeated the same address over and over, or must they be different?

Vegas

Ok, generate the number of addresses you want, or use the same one over and over again. Not splitblock, and you don't need coincontrol.

sendmany address:amt, address:amt, etc...


EDIT: Almost all satoshi derived coins have this feature.

Thank you bio. Im getting conflicting information on this. Ive read on many boards that the "sendmany" command will NOT allow the same address. What I need is to send many transactions to the same address in small amounts , say blocks of 100. Can sendmany command do this? and if so, can you write a small "real world" example? (syntax)
legendary
Activity: 1372
Merit: 1022
Anarchy is not chaos.
so there is no way to send many of the same transactions to one address quickly? Would it work if I repeated the same address over and over, or must they be different?

Vegas

Ok, generate the number of addresses you want, or use the same one over and over again. Not splitblock, and you don't need coincontrol.

sendmany address:amt, address:amt, etc...


EDIT: Almost all satoshi derived coins have this feature.
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