Topic: [RE-ANN] Galaxycoin Revival! KGW, POS/POW hybrid [TRADING ON CRYPTSY] - page 19. (Read 51784 times)

A developer more intimate with the code will have to answer that one; I don't know the exact formula.

What's up?

I was a novice,I need your help.

can you give me a formula for generation time?
Thanks

Short answer, yes.

The PoW calculation directly depends on how much coins you have and how long you had them; when people withdraw their coins that will lower your "new mint" amount.

No doubt, but we also need to solve a few lingering issues.

Tomorrow and the next days ahead we need to start hounding the various exchanges and difficulty monitors so that they know to properly update their clients.

Could someone give me the formulae for generation time which uses both difficulty and proof of stake?

I know the old formula  2^32 / hashrate.

Are pools at a disadvantage, since they send their coins to the pool participants?

Thanks

I'm loving the active forum topic!
I'm seeing a lot of new names, which I love!
Lets see if we can watch the price grow a bit, so that it becomes profitable to mine

Difficulty has doubled again to 16.93520253.

Folks with knowledge of the KGW algorithm may want to chime in here; my understanding with difficulty changes with KGW implemented factor in hashrates.

So with KGW the next block's difficulty will be much higher regardless of the previous block's difficulty if there is a massive amount of hashrate.

This is unlike previous calculation mechanisms which only factor in the time that the blocks have been found.

Again, this is just my understanding which may be mistaken.

The hashrate would be based on the difficulty, right? As I mentioned above in my edit, the massive increase in difficulty does not seem to correlate with the actual time between blocks.

Expected in 3 1/2 minutes: 7
Actual in 3 1/2 minutes: 10

So a 42% overshoot... not a 46000% overshoot.

In addition, the price on Cryptsy looks fairly stable, so there wasn't a sudden change in value that would cause a multipool to jump in. So why has difficulty shot up so much?

They sure did; Network hashrate is now at 1.09~ GH/s according to my pool software.

You're welcome; the script has a lot of dependencies so I am glad you tested it to let me know what work needs to be done.

The edits for the script going forward will be to handle such dependencies.

Did a multipool jump on this coin? In the space of a few minutes, difficulty increased more than 400 times, from 0.01833996 to 8.52404643. Roughly doubling each block. Now nothing has been found for 30 mins.

16-Mar-2014 14:59:42 height: 255282  mint: 64  difficulty: 0.01833996  flags: proof-of-work  tx: 1
16-Mar-2014 14:59:44 height: 255283  mint: 64  difficulty: 0.03396289  flags: proof-of-work  tx: 1
16-Mar-2014 14:59:51 height: 255284  mint: 64  difficulty: 0.06792578  flags: proof-of-work  tx: 1
16-Mar-2014 15:00:03 height: 255285  mint: 64  difficulty: 0.13585171  flags: proof-of-work  tx: 1
16-Mar-2014 15:00:21 height: 255286  mint: 64  difficulty: 0.27170398  flags: proof-of-work  tx: 1
16-Mar-2014 15:00:30 height: 255287  mint: 64  difficulty: 0.54340796  flags: proof-of-work  tx: 1
16-Mar-2014 15:00:54 height: 255288  mint: 64  difficulty: 1.08681592  flags: proof-of-work  tx: 1
16-Mar-2014 15:01:50 height: 255289  mint: 64  difficulty: 2.17363184  flags: proof-of-work  tx: 1
16-Mar-2014 15:02:01 height: 255290  mint: 64  difficulty: 4.34726368  flags: proof-of-work  tx: 1
16-Mar-2014 15:02:07 height: 255291  mint: 64  difficulty: 8.52404643  flags: proof-of-work  tx: 1

edit: I see we're not far past the KGW fork, and 10 blocks in <4 mins isn't overly excessive, so it shouldn't be pushing diff up anywhere close to that much. Is something broken?

We're like a human missing a heart right now,
We're all ready to be fully revived, but we need more nodes on the new fork

Putting the early block chain as a zip file was pure genius. I am going to suggest that in every coin forum that I belong to.

when I ran  ./galaxycoinlinux.sh  the code did not compile. In fact, it deleted the code, after it downloaded it from git. At least there was nothing in the galycoin directory except for .git

I will post a page, and post in the forum, directions for getting it to build on debian, and ubuntu. It is really easy to build.

I had built the daemon from source, but it got hung on block 19000 something. I am assuming there was a fork there, and a lot of old servers are posting orphan nodes. The zip file was magic. Now it all works.

THANKS SO MUCH!!!!!!!!!!!

80% there

We still have Coinwars and the exchanges on the old fork/blockchain but we now have a solid pathway for everyone else to get on the new fork and blockchain.

Is the coin completely revived or is still in zombie state?

Main post updated with new information and instructions

EDIT: on a sidenote, I'd love a graphic artist to get in touch with me