Topic: Idena is the first Proof-of-Person Blockchain - page 88. (Read 44266 times)

I'm saying this since the last update, stop sending the invites for free! It is not worth it, sell them and stay on the head of the buyer, be sure that he is interested. Of course, don't overprice them, sell them at a decent price.

Right now at least with all the activity in the telegram invites requests, you can't know anymore who is real or who is fake. Do they just want an invite to see how the wallet looks like? Maybe they believe it has different features or that they can mine isntantly!?

There has to be created a treshold like XRP is having for each new member joining. This way we can also help a lot the coin on exchanges. The ammount needed to be a candidate should be burned.

Go to Idena Discord and learn to make and solve flips in flip-school.
https://discord.gg/uJbkuJg

How do you get a code ? I tried to contact them but no luck.

I will stopped giving invite now all of them are just failing. 2 invites wasted once again this epoch.
Its better to save it and earn small rewards for unused invites that to issue it and get nothing from failed invites.

Starting March 25 hardfork all human will get 2 invites

It doesn't matter, if the invitation was not spend all is fine! You'll get the reward.

1 HOUR LEFT!

I think that you should not issue invitation at all (or kill already issued/minted) to receive this reward. Invitation that was issued and not used before validation have "not activated" status, not "non-spent" - not sure if i'm right but this logic seems convincing at least to me.

Just out of curiosity...

If I issue/give an invite to someone and he/she activate it, if I decide to delete him/her would my invite participate in the Lottery-based rewards for non-spent invitations or I shouldn't mine it (the invitation code) in the first place?

Just 6 hours left! Let's make this a great session with 100% on short session xD

Thanks for the reminder @notblox1!
Even if I think old users have a reminder and knows very well when the next validation is, this is very good to know for newcomers/newbies to avoid missing it and waste the invites of others.

Don't forget to update to the latest version on your client 0.6.0.

https://idena.io/?view=download#

Idena Validation will start 15 hours from time when I post this.
Remember to be online and synced on time.
https://idena.io/

There is a really small chance to actually catch up with all the blocks. There can be also a delay between connection of peers, no matter how fast your internet is, it also matters how fast their internet is.

Overall rewards can't be more down than 12% with a decent connection vs the real distribuited number. I ran some maths myself so that's the lowest it can go.

Well, I agree with Tytanowy Janusz. At the end of the day everyone will get the same rewards if the nodes are up 100% and have the same internet speed.

@cryptovigi try to make an analysis on a full cycle (9 days) from start to end, and see what are the results. 4 days may not be conclusive.

Additionally, apart from the same internet speed/connection you'll need to make a comparison, the node up time must be exactly the same, if a node is stopped longer than other ( i.e. for a node update, a VPS server update), you may end up with different rewards.

If your internet connection is awful you might miss some blocks what may affect mining speed but this is not an issue in this case in my opinion. I think its pure random. As you can see at the beginning human was faster by up to 70% and at the end was the slowest. I think that if you will run it for longer it will switch places once again and this 10% difference will shrink significantly

If so i'm wonder which variable affect mining most i know that cpu doesn't matter a lot while i was mining on 10th years laptop, probably network speed etc.

Or it also maybe that mining work isn't affected by technical circumstances at all and finding block it's simple random....

Hard fork is coming on 25 March 2020 - as promised during last security model update on Feb 24 (invitation model improvement - 0-2 invitations per node based on accounts score and status).

So you are saying that the "miners" which are not miners act like real miners?
I thought the amount of Idena coins allocated per day are divided equally to all nodes running, of course if the nodes are online 24h.

Mining involves competition between nodes and who gets the block published/verified by the network first.

Sometimes you're always the winner for many blocks. Sometimes you fall behind. Such is the way mining works.

All network variables affect mining, in any cryptocoin.

My next planned step is to implement mining log for nodes that are monitored over my portal. That way, we will have bigger sample to compare. The answer is probbably somewhere in the code on github

Any of you know what the actual mining reward calculation mechanism looks like? I noticed the day after the last validation that the value of the coins increase from mining on my account was a few lower than on my wife's account - I was surprised because both nodes are  on VPS (admittedly two different ones) but I was convinced that the increase regardless of connection will be the same calculated directly from the formula daily (block) reward divided by the number of active minerals.
So daily Mining cap per day: 25,920 DNA divided by the number of active miners currently 791 so 32.76 coins a day ...

Concerned that maybe something is wrong with the second node I was watching accounts the next day and surprisingly this time on the second (my) 10% more coins ... Huh Shocked

So I decided to do a little more measurement and in addition to our two newbie accounts I added observations of the first account on the list with the status of human ...
After 4 days and 17 measurements I am amazed ... theoretically the general growth trend coincides although my personal account won a bit with both - my wife's and this random human indentity...


But I was much more surprised by the average increase per hour at individual stages of measurement, it is logical that it will not be constant because the number of miners varies over time, but how it happens that one account increases by up to 400% more than another - I can't get it....



So maybe any of you could explain how the Idena's mining algorithm divides coins between miners