Topic: [KOBO] Kobocoin - An African peer to peer payment/micropayment system - page 50. (Read 127511 times)

Answering "how small should i let the amounts in coin control get"

This is completely up to you. You lose no staking interest as long as the pieces eventually stake. You can always take a look on the blockchain to see what amounts are splitting. If you see only 2 transactions for a block, the amount seen is what split. So if you have a piece 1500 kobo big and another 500 kobo big, it'll take the 500 kobo roughly three times longer to stake because of it's smaller size. If you gather pieces up, sending them as one bigger piece back to yourself, you lose their accrued interest. They will stake faster that way, but at a loss in two ways. First, the initial pieces age; every movement of coins starts with 0 aged coins. Second, bigger pieces split faster, having you earn only a tiny bit of interest on the new large piece, only to start the cycle over. If you want the best of both worlds, you could gather coins then shut the wallet down for a time period, or better yet, change wallets to keep supporting the network. I think it's safe to just wait the blocks out as long as they aren't too tiny. My smallest is 358 kobo with 31038 confirms(from 2/19)--maybe it will stake in a full months time.

A new wallet file won't change anything really. Wait until it gets over 10mb, to even give a seconds thought to it.

How many transactions should i let my wallet have before i make a new wallet.dat file

or is it more like

 how small should i let the amounts in coin control get before i make new wallet.dat file

cheers

I love the fact that kobocoin is the word on the streets  for newbies

Not at all. Tomorrow morning at 7am GMT we'll be 1 month in on a project that will hopefully last well into the future. It's been an eventful month. We've had a bit of a setback but it's being resolved.

The price has been back and forth but it's been less volatile, in the first month, than I thought it would be.

Why do you ask?

What are you smoking? He's doing a fine job, I’m very happy with the progress.

is your plan to drop this coin to 1sat before you do anything?

UPDATE:

We're almost there. Just a few bugs to sort out, but you can view the first 4005 blocks (testing purposes only) on the ABE explorer while those issues are resolved:

http://167.160.36.102:2750 (I hope it doesn't crash)

I'm also looking into the DNS seeder on the server. I'll start the process on moving a kobocoin.com subdomain over once the ABE issues are resolved and the explorer is a bit more stable. The front end is fine but the back end is flaky stuff.

Once I'm happy with the state of the software I'll get started on the Android wallet.
 

I'm looking into the wallet issue as well. On the Abe server the Kobocoind keeps stopping. I didn't compile that one and I've not seen that happening before.

This isn't happening with the wallet that I built (so far...). Once I have the pieces together, I'll be rebuilding all the wallets so I'm hoping they'll be more reliable. Also, the windows wallet will come with a full installer, so there should be no need for any windows users to have to edit their conf file.

This works for me. Our koboseeder will soon be added to the list.

Did you change the .conf file. I did that and wallet have connections and is in stakemodus

thanks. not sure whats wrong with our windows download, still not functioning.

have downloaded onto a mac, it works.

I bought more kobo today due to the fact that the Dev is active and knows what he is doing, as I said before this coin will do well due to the fact that Dev keeps the community updated

Thanks. I'll rest properly when we have our android wallets. The learning curve has been awesome. I've been playing with POMs FLUPs Gits and Mavens. I'll probably have to use a Jitpack to put my libraries in a jar now so an android can deliver it to the world via a web. (I think you're right - I need rest)

I've had to use a desktop fan blowing full blast at my machine when compiling, otherwise it overheats and shuts down. There are few things more heartbreaking than watching your PC switch itself off halfway through one of the very few successful compiles you get in this industry. No amount of smashing the keyboard (or shouting at it) can stop the shutdown. I know!

It's all good stuff!
 

 well done man. really well done. you deserve to rest

I was hoping to save this till it's all done and dusted, but you can take a a look at the evolving ABE explorer at the following URL:

http://167.160.36.102:2750

here's a screenshot:



As you can see, block 0 is very happy. It's the blocks after that, up to current block, that's the issue. I'm going to 'try' and merge the X15 hashing into it. That should bring abe up to date.

No promises, but we are forward.
 

Thanks for the update! good to see my personal investment rising!


and with a solid future ahead of us!

UPDATE:

The ABE Explorer is now up and running but there's a few teething problems. I'm using code that was written for another project so I'm having to move things around.

The default bitcoin-abe works fine for kobocoin-abe but doesn't support X15 (so all you see is block 0 in the explorer). The second supports X15 but the structure's been altered and needs some figuring out. I'll know better in a few hours.

Sorry, I'm Mac bit that shouldn't be any different

I'm fine