Topic: 🔄🔄🔄🔄 ――――― ▲ MOIN ――――― It's not dead. It's resting ―――― 🔄🔄🔄🔄 - page 64. (Read 123462 times)

I still do not quite understand 

Mining Process
1) Block meeting work difficulty target is mined. Difficulty target periodically adjusted so that 1 PoW block arrives every 10 minutes.

2) Work submission is hashed 10 times consecutively. Each consecutive hash maps to an individual unspent output in the blockchain. This is essentially a lottery drawing two sets of five winners. The first five hashes map to mandatory signatures, the final five hashses map to voluntary signatures.

3) If the mandatory signatures map to active public keys [see glossary], the block can potentially be valid. Otherwise, the block is invalid and must be discarded.

4) If PoW miner finds a potentially valid block, he transmits the following hash to the network: {work submission;hash(his block, the previous valid block)}

5) If the work submission meets the difficulty target and maps to active signatories, then the block is relayed through the network. Otherwise, the message is dropped as spam.

5) The first five selected signatories sequentially sign this hash and transmit it onwards as {work submission; hash; sig 1; sig 2; sig 3; sig 4; sig 5}

6) After the mandatory signature sequence is complete, the final signatory publishes the PoW block and also his own PoS block.

7) The final five hashes map to voluntary signatures. These voluntary signatures can be inserted into any block within the next 6 blocks as special txns. These txns do not require fees.

9) Go to step 1

Note: This process is simultaneous so that multiple block hashes can circulate in the network attempting to collect five signatures and generate PoW/PoS block pairs. Block pairs that lose this race are orphaned.

In simple terms.  Someone else ended up solving the block first.

Try repairwallet command on a console.

but it already 2 hour an still not recived to my ballance.. still 'unconfirmed'

where is the link?

Mining Process
1) Block meeting work difficulty target is mined. Difficulty target periodically adjusted so that 1 PoW block arrives every 10 minutes.

2) Work submission is hashed 10 times consecutively. Each consecutive hash maps to an individual unspent output in the blockchain. This is essentially a lottery drawing two sets of five winners. The first five hashes map to mandatory signatures, the final five hashses map to voluntary signatures.

3) If the mandatory signatures map to active public keys [see glossary], the block can potentially be valid. Otherwise, the block is invalid and must be discarded.

4) If PoW miner finds a potentially valid block, he transmits the following hash to the network: {work submission;hash(his block, the previous valid block)}

5) If the work submission meets the difficulty target and maps to active signatories, then the block is relayed through the network. Otherwise, the message is dropped as spam.

5) The first five selected signatories sequentially sign this hash and transmit it onwards as {work submission; hash; sig 1; sig 2; sig 3; sig 4; sig 5}

6) After the mandatory signature sequence is complete, the final signatory publishes the PoW block and also his own PoS block.

7) The final five hashes map to voluntary signatures. These voluntary signatures can be inserted into any block within the next 6 blocks as special txns. These txns do not require fees.

9) Go to step 1

Note: This process is simultaneous so that multiple block hashes can circulate in the network attempting to collect five signatures and generate PoW/PoS block pairs. Block pairs that lose this race are orphaned.

Correct.  You can see in your screen shot it is "Generated but not accepted".  This is also known as an orphan.  You can see in my last post what that is and how it is a normal part of the proof of stake process.  There are orphans on proof of work as well but that doesn't matter for MOIN because this is purely proof of stake. 

So what happens to those coins?  They will stake again and most likely next time the block will be accepted and you will receive the reward.  I encourage you to look at the link I posted for you if you want to understand it better than I can explain.

but it already 2 hour an still not recived to my ballance.. still 'unconfirmed'

This is part of how proof of stake functions.  You can learn in detail @ https://en.bitcoin.it/wiki/Proof_of_Stake

But the part you are looking for I will paste here and highlight:

In simple terms.  Someone else ended up solving the block first.

why?  

Mining Process
1) Block meeting work difficulty target is mined. Difficulty target periodically adjusted so that 1 PoW block arrives every 10 minutes.

2) Work submission is hashed 10 times consecutively. Each consecutive hash maps to an individual unspent output in the blockchain. This is essentially a lottery drawing two sets of five winners. The first five hashes map to mandatory signatures, the final five hashses map to voluntary signatures.

3) If the mandatory signatures map to active public keys [see glossary], the block can potentially be valid. Otherwise, the block is invalid and must be discarded.

4) If PoW miner finds a potentially valid block, he transmits the following hash to the network: {work submission;hash(his block, the previous valid block)}

5) If the work submission meets the difficulty target and maps to active signatories, then the block is relayed through the network. Otherwise, the message is dropped as spam.

5) The first five selected signatories sequentially sign this hash and transmit it onwards as {work submission; hash; sig 1; sig 2; sig 3; sig 4; sig 5}

6) After the mandatory signature sequence is complete, the final signatory publishes the PoW block and also his own PoS block.

7) The final five hashes map to voluntary signatures. These voluntary signatures can be inserted into any block within the next 6 blocks as special txns. These txns do not require fees.

9) Go to step 1

Note: This process is simultaneous so that multiple block hashes can circulate in the network attempting to collect five signatures and generate PoW/PoS block pairs. Block pairs that lose this race are orphaned.

It looks like MOIN is joining to AZURE  


I'm in

... 5

Up 3 now!

equality with TigerCoin :/

And MOIN needs your votes!

https://www.cryptopia.co.nz/Home/Voting