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Topic: HoboNickels - HBN - High Fast Stake - Version 2.0! More Secure, Less Intensive - page 193. (Read 478852 times)

legendary
Activity: 1540
Merit: 1060
May the force bit with you.
Hobo is very close to be added to allcoin.com

This will be nice to get it on another exchange.
sr. member
Activity: 371
Merit: 250
TEK also takes a price hit... like PHS, CAP and HBN. No mercy for alt;/
sr. member
Activity: 371
Merit: 250
Hobo is very close to be added to allcoin.com
legendary
Activity: 1540
Merit: 1060
May the force bit with you.
Hey guys, for some reason I cannot connect to my wallet through windows anymore(socket select error 10038 in my debug file). This happens across all of my wallets so is an issue on my end. Could someone please build the latest HBN wallet for Mac for me Please
http://hobonickels.info/ will have 1.4.0.1.

What is in my github is still building towards 1.5, not completed yet. Not a lot to help with that specific error though.
full member
Activity: 238
Merit: 100
Hey guys, for some reason I cannot connect to my wallet through windows anymore(socket select error 10038 in my debug file). This happens across all of my wallets so is an issue on my end. Could someone please build the latest HBN wallet for Mac for me Please
legendary
Activity: 1540
Merit: 1060
May the force bit with you.
So, if I understand correctly: if I have block that is more than 20000, I should split it. If I have blocks that are less than 500, I should merge with another one (in the context of optimising reward).
I am pretty certain I am wrong, let just check how far I am wrong Smiley

You can split blocks bigger then 20k to make sure your reward doesn't get truncated. The wallet will split it for you anyway and the next 10 days you will get whatever your max rewards is going to be.

Regarding combining to get the max, no this is not necessary at all. If you have 1 block of 10k, after 10 days you will get approx 270 coins reward for the stake. This is the max you can get. You are below the ceiling of 500 so you are good, you have realized the full reward of 2.7% over the 10 days.

If you have 1 block of 30k, after 10 days the old system would pay you 810 coins, but the new system you would only get 500.

Does that help clarify it?

Basically there is not much for anyone to do.  Just let the wallet do the work and you will be good.

hero member
Activity: 658
Merit: 503
Monero Core Team
So, if I understand correctly: if I have block that is more than 20000, I should split it. If I have blocks that are less than 500, I should merge with another one (in the context of optimising reward).
I am pretty certain I am wrong, let just check how far I am wrong :)
sr. member
Activity: 504
Merit: 254
I feel like I have to talk about something. I understand every coins taken a beating in July and they have, market sentiment seems negative at the moment, perfectly normal in cyclical markets.

Still something feels forced. Consistent looks at the Depth chart show Buy support is ALWAYS larger than sell support yet there's consistent~5-29000k dumps every day. Each dump waits for support to build and purposefully crashes through that support to reach a new low. In the last week alone we have seen over 230,000HBN dumped. The issue is that who ever is dumping isn't trying to maximise individual profit at all, it seems they are either:

a,Aiming at HBN hitting a certain price,
b, trying to crash the market,
or C, there's lots of medium stake holders leaving the market which are panicking and stupid frantically hitting the sell button.

We all know these are amazing times to buy in. I would of killed for these price just a month ago. Why the exodus? And more importantly who's buying in? If we have fresh community members, please introduce yourselves.



I have no idea what's going on, but I love your reasoning on this. If it's true that big players are playing the markets, then they are trying to enter at a low, low price and when they bought what they were looking for, we might be in for a nice swing up.  if people are panicking, I wouldn't understand why? since I didn't hear any particular negative news lately.

either way, only time will tell!

HBN at around 5k sat is something I haven't seen for a long time!  I wish I had more spare BTC to buy some more at these prices Wink
legendary
Activity: 1540
Merit: 1060
May the force bit with you.
Hi tranz,
From a marketing perspective I think hobonickels is not being promoted and adopted actively enough
More needs to be done. If mass adoption is to take place then,

The Nickels community needs more incentives to get it going.
I also think the 500 coin max limit wont help.

Not to be too worried about inflation. Other coins also face inflation with other costs such as mining/electricity
The Nickels dev team must first look at the cost/profit outcome for the entire nickel community. If the community does  not see profit they will dump this coin
A market place within the wallet also should be considered.All the devs are vying for this
From an economic perspective the 2% is also not going to help keep the community involved. Stakers dont want to keep thier coins staking at the cost of pc usage, electricity, and time. It is not economically feasible. The rewards must must offset the expense. Just like the flaw that bitcoin is not dealing with,(Cost of minig verse profit)

If what I am saying is nonsense then I want the Nickels community to watch the coins current marketcap. If the coin goes back to its marketcap highs then I wont post again here but if I am right then I still wont need to post here because the coin will be gone way down the marketcap rank or maybe even dead.
The competition in the coin market is too fierce now, thats why Nickels has been steadily in decline. Simply put Nickels needs to change or die

Remember success is based on incentives, incentives, incentives. The community needs incentives to keep this coin

Thanks for your feedback.  

The 500 limit is not an incentive, it is a protection mechanism, see a few posts back.

I think the inflation rate is important, and I plan to keep to the original idea of the coin. 5 PoW forever and 100% degrading yearly PoS, starting at 10 days.  There is so little cost to stake, that at 100% yearly interest, it can be many magnitudes cheaper then electricity to run.

My opinion on the price has been noted many times, but let me re-iterate. If we go to zero, we go to zero. If we hit 100, then great. Either way my plans as developer do NOT change. I said I would put in 2 years when I started.  I am currently 9 months into it. So we still have a long way to go.

What ways specifically would you change to make this coin more competitive?
legendary
Activity: 1540
Merit: 1060
May the force bit with you.
Another small idea would could be nice is a useful links section in the client. You could add a freenode chat link( which we could use for getting to know others in the community), the blockexplorer, this btcointalk thread, cryptsy trade, and maybe the main website all accessible from the client.

In my opinion the number one thing that needs to be thought about when adding anything to the wallet is SECURITY!

Even something as simple as links to outside web pages can be exploited. Simply by taking over the site and redirecting it to a Trojan download. People may not know, or they may believe it is safe, since it is part of their wallet.

So all of these things that are being put out here, I have thought about each and everyone one of them, some many months ago. Some of these may go forward, some may not, at least by me.
legendary
Activity: 1540
Merit: 1060
May the force bit with you.
inb4 the next wallet has a billion features takes a year to download and sync and we find 500 bugs

If you aren't creating new bugs you aren't doing anything. Having said that, new features will be part of a beta test before they are rolled out. I test aas best as I can all aspect of the new wallet before it is released.

At block 1 million I can fully sync in under 12 hours.  Not bad..

I just tested the old TIX wallet I had, which was very similar to version 1.0 of HBN and so far I am 3 days into the block chain download at 700k. So we have made some vast improvements, and will continue to do so.

legendary
Activity: 1540
Merit: 1060
May the force bit with you.

Here is my explanation for why this is necessary.

https://cryptocointalk.com/topic/13199-preparing-hbn-v15/?p=111539

This is of course up for discussion, but I think without it, there could be potential problems in the future.
hero member
Activity: 779
Merit: 500
inb4 the next wallet has a billion features takes a year to download and sync and we find 500 bugs
hero member
Activity: 658
Merit: 503
Monero Core Team
I also think the 500 coin max limit wont help.
Source/confirmation for this 500 HBN?
hero member
Activity: 658
Merit: 503
Monero Core Team
A small feature I would like to see in the next update is a select dust option in coin control. Something that automatically selects blocks under a size amount, say 5 or something like that. Maybe even in the options menu you can select how big you want the dust size to be. This could make it easier to organise and combine smaller sized blocks.
Added to the newest tab, "Feature requests". As soon as one coin will implement it, I will add a column on the comparison matrix.
Quote
Dust cleaning: automatically selects blocks below a certain size and optionally combines them.
full member
Activity: 216
Merit: 100
I'm with ryanb on this ... not sure I'm understanding what a "marketplace in the wallet" even is

I imagine cryptsy-like lists for buying and selling offers.

But to make it work you either need some automated escrow service or integrated BTC wallet functionality.
Either way seems pretty hard to program, if possible at all. But it would be the innovation of the year I guess.
legendary
Activity: 1148
Merit: 1000
Since we are on the adding list spree

add rich list on it hahahah

full member
Activity: 238
Merit: 100
Another small idea would could be nice is a useful links section in the client. You could add a freenode chat link( which we could use for getting to know others in the community), the blockexplorer, this btcointalk thread, cryptsy trade, and maybe the main website all accessible from the client.
sr. member
Activity: 414
Merit: 251
I'm with ryanb on this ... not sure I'm understanding what a "marketplace in the wallet" even is
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