... what if instead the minimum number of coins to create stake was raised? Possibly raise it to 1000hbn, which is approxiamtely $5 right now.
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A lot of newcomers to crypto soon call $5 a lot of money.
Topic: HoboNickels - HBN - High Fast Stake - Version 2.0! More Secure, Less Intensive - page 75. (Read 478852 times)
June 09, 2017, 09:31:50 PM
A lot of newcomers to crypto soon call $5 a lot of money.
June 09, 2017, 09:19:16 PM
What effect would be created by increasing the minimum required coins to stake?
Changing the minimum coin age would put more coins out there available for stake. This would increase the net stake weight, which would increase the PoS difficulty, which would lower the Annual Stake Percentage, which would help keep inflation from running away. At least that's my theory.
Yeah. Sorry, I guess I wasn't super clear. I was saying rather than raising block target, what if instead the minimum number of coins to create stake was raised? Possibly raise it to 1000hbn, which is approxiamtely $5 right now.
It seems like it could help alleviate a lot of the issues that are occurring including the CPU/memory reqs as smaller claims could be effectively ignored by the wallet, and would also force what PoS was originally intended for, which was allow for people with significant investment in the chain to have a majority.
June 09, 2017, 08:54:07 PM
presstab has a solution for the cpu bottleneck
I think less blocks is fine - orphans also cause unnecessary strain
I think less blocks is fine - orphans also cause unnecessary strain
Yes lots of solutions can be done for CPU. That is the easy part. I am leaning towards 45 -50 sec target time, and stake starting age of 1 day right now. It is not purely my decision.
What effect would be created by increasing the minimum required coins to stake?
Changing the minimum coin age would put more coins out there available for stake. This would increase the net stake weight, which would increase the PoS difficulty, which would lower the Annual Stake Percentage, which would help keep inflation from running away. At least that's my theory.
June 09, 2017, 08:08:07 PM
presstab has a solution for the cpu bottleneck
I think less blocks is fine - orphans also cause unnecessary strain
I think less blocks is fine - orphans also cause unnecessary strain
Yes lots of solutions can be done for CPU. That is the easy part. I am leaning towards 45 -50 sec target time, and stake starting age of 1 day right now. It is not purely my decision.
What effect would be created by increasing the minimum required coins to stake?
June 09, 2017, 01:09:55 PM
i see nova is about to delist hbn, i didn't know they listed lol,
anyway maybe dev could check the subject
anyway maybe dev could check the subject
I have very little, or rather no, control of the market. Either people put coins out there and trade or they don't. I would love to see more trading across multiple platforms, but this is up to you all.
I tried to trade HBN on Nova but the wallet was never able to make a deposit. I don't know if they had technical issues getting it to work or what. There were some buy orders placed but no way to sell HBN.
June 08, 2017, 08:50:09 PM
presstab has a solution for the cpu bottleneck
I think less blocks is fine - orphans also cause unnecessary strain
I think less blocks is fine - orphans also cause unnecessary strain
Yes lots of solutions can be done for CPU. That is the easy part. I am leaning towards 45 -50 sec target time, and stake starting age of 1 day right now. It is not purely my decision.
I can definitely agree on that too
June 08, 2017, 07:44:33 PM
presstab has a solution for the cpu bottleneck
I think less blocks is fine - orphans also cause unnecessary strain
I think less blocks is fine - orphans also cause unnecessary strain
Yes lots of solutions can be done for CPU. That is the easy part. I am leaning towards 45 -50 sec target time, and stake starting age of 1 day right now. It is not purely my decision.
June 08, 2017, 07:32:19 PM
presstab has a solution for the cpu bottleneck
I think less blocks is fine - orphans also cause unnecessary strain
I think less blocks is fine - orphans also cause unnecessary strain
June 08, 2017, 05:56:31 PM
I also think 10 days minimum stake time is too long. Instant gratification sells.
it can be more but not be too late please because wait for any thing is unbearable for us.So my first gut response was no, I am not changing the staking algorithm.
However I decided to check out how the money supply was looking.
As you can see the annualized money supply rate should be heading closer towards zero, but is sticking in the 70% range. Also, the time between blocks is averaging 20-22 seconds. This is hard to see from the chart, but the time between each bar(100,000 blocks) should be about 35 days, but speeds up as we begin more aggressive staking. You can click on the chart to download the spreadsheet.
So we can slow down the money creation but allow blocks to stake earlier. This should cause the PoS weight to increase which would lower the annualized staking percentage. We can also, or only, change the time between blocks to increase a bit to say 45, which would again slow down the annualized money supply by increasing the difficulty of staking.
Anyway this is just thoughts for now.
What say ye?
Any change that I would make, would come well after CPU is lower and possibly memory. As more coins in your wallet trying to stake or having to do more hashing will increase load. So we have to take care of that first. But good to talk about this now.
June 08, 2017, 05:54:46 PM
i see nova is about to delist hbn, i didn't know they listed lol,
anyway maybe dev could check the subject
anyway maybe dev could check the subject
I have very little, or rather no, control of the market. Either people put coins out there and trade or they don't. I would love to see more trading across multiple platforms, but this is up to you all.
June 08, 2017, 05:52:53 PM
I also think 10 days minimum stake time is too long. Instant gratification sells.
it can be more but not be too late please because wait for any thing is unbearable for us.So my first gut response was no, I am not changing the staking algorithm.
However I decided to check out how the money supply was looking.
As you can see the annualized money supply rate should be heading closer towards zero, but is sticking in the 70% range. Also, the time between blocks is averaging 20-22 seconds. This is hard to see from the chart, but the time between each bar(100,000 blocks) should be about 35 days, but speeds up as we begin more aggressive staking. You can click on the chart to download the spreadsheet.
So we can slow down the money creation but allow blocks to stake earlier. This should cause the PoS weight to increase which would lower the annualized staking percentage. We can also, or only, change the time between blocks to increase a bit to say 45, which would again slow down the annualized money supply by increasing the difficulty of staking.
Anyway this is just thoughts for now.
What say ye?
June 08, 2017, 06:18:52 AM
i see nova is about to delist hbn, i didn't know they listed lol,
anyway maybe dev could check the subject
anyway maybe dev could check the subject
Not a single trade with HBN on this exchange . Quite understandable move from their side. And I dont thing there is anything Tranz can do abou itt. Lets focus on dynamicaly expanding(in volume) cryptopia. Sufficient atm.
June 07, 2017, 01:43:29 PM
I also think 10 days minimum stake time is too long. Instant gratification sells.
it can be more but not be too late please because wait for any thing is unbearable for us. June 07, 2017, 10:59:34 AM
The rescan worked. I'm now matching the explorers numbers 
June 06, 2017, 08:54:49 PM
Downloaded the sync from HC and it's up to date and staking... but the blance is 139k not 201k.
Going to try the rescan command now
Going to try the rescan command now
June 05, 2017, 09:54:36 PM
There are no forks that I know of. I have done a few syncs recently. One from 2 years ago, no issues. And now I am trying a full one. The full one has had one issue. Going form 2y 250d to 23mins instantly at one point. I knew it wasn't correct, so I restarted and it picked back up correctly, and is moving on.
Have you tried to restart the wallet?
Check your peer list and make sure the peers have the correct number of blocks, perhaps you are on another coin that is similar?
Using that sync from HCLivess can save sometime as well.
If you do get up to correct block and still not right balance, then you can restart with the -rescan, or more harsh-zapwallettxes. Be patient, it will take time!
Have you tried to restart the wallet?
Check your peer list and make sure the peers have the correct number of blocks, perhaps you are on another coin that is similar?
Using that sync from HCLivess can save sometime as well.
If you do get up to correct block and still not right balance, then you can restart with the -rescan, or more harsh-zapwallettxes. Be patient, it will take time!
June 05, 2017, 08:20:58 PM
I'm back from the dead too. Walked away after Cryptsy took all my other coins and we lost a good trading spot.
Hadn't sync'd my wallet until April. Just turned it on yesterday and it's been sitting at "Syncing with network 3 minutes"..
Then I tried sending some coins to cryptopia and I got an error saying the coins were already spent.
Do I need to repair wallet? or delete the block chain and let it redownload?
Hadn't sync'd my wallet until April. Just turned it on yesterday and it's been sitting at "Syncing with network 3 minutes"..
Then I tried sending some coins to cryptopia and I got an error saying the coins were already spent.
Do I need to repair wallet? or delete the block chain and let it redownload?
https://mega.nz/#!UAIFXIjS!KtclxYQOYQ0Je9E86lk0JxrbHhHZwGqWa5a50dK_hX0
synced today
June 05, 2017, 07:28:34 PM
So my wallet is acting like I've sent coins(but receiving wallet doesn't get them), won't get fully sync'd, and has a different balance than the block explorer...
Did the coin fork or something?
//Side note.
Here are the nodes I've got in the config
addnode=69.85.86.195
addnode=74.196.48.62
addnode=5.249.152.30 <-Just added this guy
Did the coin fork or something?
//Side note.
Here are the nodes I've got in the config
addnode=69.85.86.195
addnode=74.196.48.62
addnode=5.249.152.30 <-Just added this guy
June 05, 2017, 01:38:22 PM
I'm back from the dead too. Walked away after Cryptsy took all my other coins and we lost a good trading spot.
Hadn't sync'd my wallet until April. Just turned it on yesterday and it's been sitting at "Syncing with network 3 minutes"..
Then I tried sending some coins to cryptopia and I got an error saying the coins were already spent.
Do I need to repair wallet? or delete the block chain and let it redownload?
Hadn't sync'd my wallet until April. Just turned it on yesterday and it's been sitting at "Syncing with network 3 minutes"..
Then I tried sending some coins to cryptopia and I got an error saying the coins were already spent.
Do I need to repair wallet? or delete the block chain and let it redownload?
June 05, 2017, 10:32:03 AM
It would be legendary if Ahmed, presstab and Tranz got together
triple slow
by all means good sir, lead the way
Ahmed
you know I cant dev ppcoins or bitcoinware
only Bismuth
haha all good
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