Author

Topic: Re: TeaCoin - BlockChain Problem?? Block Reward Reset (Read 2146 times)

full member
Activity: 487
Merit: 100
Thanks everyone, your links have been helpful. I also found this one: http://www.ryblog.com/index.php?/archives/7-Did-PMC-Save-Bitcoin-Users-Billions.html

Good to know, wish someone had warned us sooner. On the bright side we can always decide whether to make it keep cycling or just cap it next 64th interval...
newbie
Activity: 75
Merit: 0
this is definitely weird, i cant see any connections on my wallet and cant see pool payouts. hope there is a fix soon.

One started the wallet to work thank you .
I have the following connections.  Try to addnode these ...

        "addr" : "76.90.137.77:54303",
        "addr" : "198.199.109.122:7921",
        "addr" : "188.134.72.213:48546",
        "addr" : "5.9.94.205:37216",
        "addr" : "198.27.125.17:7921",
        "addr" : "67.212.70.84:7921",
        "addr" : "198.204.238.114:59850",
        "addr" : "85.214.207.134:59277",
        "addr" : "185.36.72.90:46872",
        "addr" : "74.208.163.101:59588",
        "addr" : "69.60.67.155:39921",
        "addr" : "137.135.61.33:6737",
        "addr" : "99.249.105.131:61585",
        "addr" : "216.248.20.190:44395",
        "addr" : "72.46.152.250:51986",
        "addr" : "213.21.33.12:42578",
        "addr" : "50.197.11.193:44307",
        "addr" : "84.19.184.96:58454",
        "addr" : "24.86.191.6:49462",
        "addr" : "192.241.188.47:7921",
        "addr" : "74.207.249.228:58036",
        "addr" : "46.4.35.21:42029",
        "addr" : "173.21.66.0:56057",
        "addr" : "74.141.38.4:58807",

newbie
Activity: 49
Merit: 0
I'm no expert but the source is correct.  The problem is with C++ and it also exists in the Bitcoin code.  See https://github.com/bitcoin/bips/blob/master/bip-0042.mediawiki

Bitcoin won't have this problem for a very long time ...  

Quote
Given the moderate time frame over which this change is to be implemented, we expect all miners to choose to screw themselves and deploy this change before 2214.

Anyone have a list of Alts and their halving intervals?  I wonder what coin is next to have this problem.

I think infinite coin is near a halving and close-ish to being fully mined.
legendary
Activity: 2254
Merit: 1290
Anyone have a list of Alts and their halving intervals?  I wonder what coin is next to have this problem.

I have an incomplete and informal list, I generally make an effort to record the halving scheme if it is concisely expressible and not just an idiosyncratic list of block heights and corresponding rewards. The coins listed are from the 'listed' and 'active' categories and are ordered by incept and name (seems appropriate to the question).

linked_name and trading_symbolincepttotal coinshalving schemetgt timereward
Vertcoin - VTC2013-0184000000('h', 4, 'y')15050
Bytecoin - BTE2013-0421000000000('h', 3153600, 'b')60050
Luckycoin - LKY2013-05200000000('h', 2, 'y')6088
Sexcoin - SXC2013-05250000000('h', 600000, 'b')60100
WorldCoin - WDC2013-05265420800('rp', 1, 'w', 20160, 'b')3064
FlorinCoin - FLO2013-06160000000('h', 800000, 'b')40100
Infinitecoin - IFC2013-0690600000000('h', 86400, 'b')30524288
Krugercoin - KGC2013-06265420800('h', 2, 'y')1532
XenCoin - XNC2013-062100000000('h', 3, 'y', 4665600, 'b')20(200, (10000, 10000, 2000))
Cloudcoin - CDC2013-07100000000('h', 1036800, 'b, 2, 'y')6050
Mastercoin - MSC2013-07180200000('h', 3, 'y')3520
QuarkCoin - QRK2013-07247000000('h', 60480, 'b', 3, 'w')302048
GrowthCoin - GRW2013-0837368000('h', 3, 'm')45100
Zetacoin - ZET2013-08160000000('h', 80640, 'b', 1, 'm', (1))301000
Cthulhu - OFF2013-09('h', 6, 'm')605
ProtoShares - PTS2013-112000000('rp', 5, 'w')30050
Skeincoin - SKC2013-1117000000('h')12032
EarthCoin - EAC2013-1213500000000('h', 1, 'y')6010000
FedoraCoin - TIPS2013-12500000000000('h', 100000, 'b', (50000))605000000
Globe - GLB2013-12('ip', 4, 'y', 'd', 1, 'd', 1440, 'b', ('tax', 20))60((0, 2months, 10), 5)
Particle - PRT2013-121000000000('h', 2500, 'b', (1563))1550000
Chaincoin - CHC2014-0123000000('h', 700000, 'b')9016
Ekrona - KRN2014-0140000000('h', 3.3, 'y')19840
Grumpycoin - GRUMP2014-0150000000000('h', 20000, 'b')150500000
Platinumcoin - PT2014-01195084000('h', 259200, 'b')12078
TeslaCoin - TES2014-01299792458('ip', 18.56, 30, 'd')30172
Continuumcoin - CTM2014-0290600000000('h', 1, 'm', 86400, 'b')30524288
Riecoin - RIC2014-0284000000.0('h', 840000, 'b')50
Teacoin - TEA2014-0240000000('h', 1, 'w')301000
Zedcoin - ZED2014-02120000000('h', 1, 'y', (1))6088
Zombiecoin - ZMB2014-02170000000('h', 90, 'd')150102
Bitgold - GOLD2014-03501000('h', 6, 'y')3000.5
Cannacoin - CCN2014-0313140000('h', 1, 'y')6012.5
Carpediemcoin - DIEM2014-0321600000000('h', 1, 'd')81000000
Fuguecoin - FC2014-0384000000('h', 840000, 'b')50
Hempcoin - THC2014-03250000000('h', 500000, 'b')60250
Legendary Coin - LGD2014-0310000000('h', 64800, 'b')1207
Muniti - MUN2014-0372000000('rp', 1, 'f', True)9039
Give Coin - GIVE2014-04500000000('h', 250000, 'b', 6, 'm')601000
Kumacoin - KUMA2014-041000000('h', 1, 'y')90
Noirshares - NRS2014-045000000('r5%', 3000, 'b') 30080
PaiMaiBi - PMB2014-04580000000('r', 0.5, '30d')3032
Québecoin - QBC2014-0442000000('h', 420480, 'b', 2, 'y')15026
Wearesatoshi - WAS2014-0440000000000('r')100000
Bumbacoin - CLOT2014-05201600000('h', 10080, 'b')6010000
Distrocoin - DISTRO2014-05100000000('h', 1000000, 'b')50
duckNote - XDN2014-058589869056('h', 11000, 'b')240320000
Elira - ELIRA2014-05783562000(61.8%, 118, 'd')901029
Goalcoin - GOAL2014-052300000('r', 0.01, 'w')602
Hongketocoin - HKC2014-05600000000('h', 50000, 'b')60
Huskycoin - HC2014-0510000000('h')3015000
Latinumcoin - LTM2014-0521000000('h', 210000, 'b')60050
Limecoin lite - LCL2014-05100000('h', 1, 'w')602.5
CoCoCoin - COCO2014-0622000000('r', 0.07, 'y')1502222222/(((Difficulty+2600)/9)^2)
Kiwicoin - KIWI2014-0642000000('h', 200000, 'b')6064
Quatloo - QTL2014-06100000000('h', 934400, 'b')13517.01
Singularity - SING2014-062944000('h', 80000, 'b')21032
SSVcoin - SSV2014-0621000000('h', 525600, 'b')6026
Startcoin - START2014-068400000('h', 12,'m')6040
Veilcoin - VEIL2014-062400000('h', 20000, 'b'))24060
BigBullioncoin - BIG2014-0710000000('h', 147000, 'b', )60036
FVZcoincoin - FVZ2014-07434000('r', 0.001, 'm')60varying
Instantcoin - BTI2014-07250000('h', 100000, 'b')601
Stealthcoin - XST2014-0723273860('h', 1440, 'b')608000
Vastcoin - VAST2014-073937500('h', 500, 'b')304000
Neoscoin - NEOS2014-0821000000('h', 105000, 'b')30050
Ripoffcoin - RIPO2014-0812000000('h', 100000, 'b')150
SocialxBot - XBOT2014-082000000('h', 30, 'd')60
WeAreSatoshi - WSX2014-0822000000('h', 200000, 'b')6025

To provide some context, I should 'fess up from the start that I am of the semantic web persuasion and have a long-standing interest in knowledge representation.

The changes in the “halving scheme” follow the changes in typical info contained in the ANN; the earlier, more ambitious, more detailed expression gradually reduces to the most common component along the lines of: ('h', 1, 'y') = halving each year, ('h', 216000, 'b') = halving every 216000 blocks, ('r', 0.01, 'w') = reducing by 1% per week, ('rp', 1, 'w', 20160, 'b') = reducing by 1% per week or 20169 blocks. Frankly, if it's anything more complex than the basic ('h', 66666, 'b') expression, you're best advised to consult the codebase for details ... so hurrah for Open Source.

Yes, the representation is basically unusable and therefore mostly useless but I first need a corpus of common expressions of the scope and range of this domain concept before I can even begin to think about expressing it more formally in OWL.

The hyperlink leads to a Minkiz web page offering a fancypants Linked Open Data presentation of the DOACC metadata for the coin.

The unvarnished metadata is available as an RDF graph of ntriples here -> https://github.com/DOACC/individuals and there are a couple of associated OWL ontologies: Melvin Carvalho's original “ccy” ontology which expresses tx and blockchain detail plus my broader “doacc” ontology which extends the representation to embrace bctthreads, protectionschemes, distributionschemes, etc. etc.


Cheers

Graham

Edit: added InfiniteCoin

hero member
Activity: 499
Merit: 500
I'm no expert but the source is correct.  The problem is with C++ and it also exists in the Bitcoin code.  See https://github.com/bitcoin/bips/blob/master/bip-0042.mediawiki

Bitcoin won't have this problem for a very long time ...  

Quote
Given the moderate time frame over which this change is to be implemented, we expect all miners to choose to screw themselves and deploy this change before 2214.

Anyone have a list of Alts and their halving intervals?  I wonder what coin is next to have this problem.
newbie
Activity: 2
Merit: 0
miners/investors must now compete for mining momentum/reputation and compete for blocks at each 64th halving interval (not halvings...halving intervals) ... I bought some coins before i knew this was happening. When I found out I was mad, Like the coins are worthless, but once I do the math, I realize I have a better % stake than I did before, and there are more cheap coins out there, so in some ways I am interested to see where it goes. And if the source can be looked at more carefully to ensure no other suprises exist. Its definitely an oversight that conflicts with the originally posted specs...so the coin info needs to be updated accordingly. and the fluctuating value must be understood for long-term adoption... just some initial thoughts.


I believe they have a word like "altcoin" that fits this. It's called a "scamcoin".  Roll Eyes
legendary
Activity: 2254
Merit: 1290
(/me quietly leaves a draft of https://download.wpsoftware.net/bitcoin/alts.pdf around for people's education).

Useful contribution, ta muchly.

Quote
Of course, “developing your own cryptosystem” is the purview of only cranks and researchers, so it was reasonably assumed that none of these “altcoins”, as they were called, could ever be plausibly presented for public use.
Boy, were we ever wrong on that one.

There's some fuzziness here and a bit of imaginative reconstruction. According to the author's narrative, this was after Bitcoin had been launched but before any altcoin was. Altcoin as a category label is an acknowledged abbreviation of “alternative-to-Bitcoin”, so we're being invited to believe that somehow they were called altcoins before the phenomenon actually occurred.

My jaundiced view is that “reasonably assumed” == “never actually examined the assumptions” and the flowering of a profusion of altcoins was a surprise only to cryptographers.

Bitcoin, as the author observes, isn't a pure cryptographic cryptosystem, it overcomes some specific practical limitations of cryptography by borrowing from economic models of behaviour in order to present a candidate practical implementation of a complete cryptosystem. The introduction of economic models of behaviour has had two consequences. Firstly, cryptography is no longer high priest but CTO to economics' CFO. Secondly, the gap between the disciplinary boundaries allows the emergence of differences in disciplinary opinion and challenges to the pertinent underpinning assumptions of both.

The stage is set: finding another goldfield workable tradeoff between the crypto and the economics could potentially be as lucrative, if not more so, than Bitcoin; everyone knows the broad area where gold is likely to be discovered such a tradeoff might be found but the precise location implementable values are as yet unknown; mining equipment is readily available; exploration costs can be shared, defrayed or even turned into a profitable venture via any number of previously-developed get rich quick business schemes.

Interesting read.

Cheers

Graham
hero member
Activity: 499
Merit: 500
hero member
Activity: 499
Merit: 500
Have you also noticed your consensus split along implementation/architecture boundaries, or do you not have enough users or care to have noticed that?

(/me quietly leaves a draft of https://download.wpsoftware.net/bitcoin/alts.pdf around for people's education).

No one appears to have noticed and/or cares as this coin is just about dead. The exchanges are still accepting the newly mined coins.

Thank you for the draft.  Found it to be truly educational.
staff
Activity: 4284
Merit: 8808
Have you also noticed your consensus split along implementation/architecture boundaries, or do you not have enough users or care to have noticed that?

(/me quietly leaves a draft of https://download.wpsoftware.net/bitcoin/alts.pdf around for people's education).
hero member
Activity: 499
Merit: 500
The block reward reset occurred at 64 halving intervals. I suspect it will occur again at 128 ...

   
hero member
Activity: 499
Merit: 500
this is definitely weird, i cant see any connections on my wallet and cant see pool payouts. hope there is a fix soon.


I have the following connections.  Try to addnode these ...

        "addr" : "76.90.137.77:54303",
        "addr" : "198.199.109.122:7921",
        "addr" : "188.134.72.213:48546",
        "addr" : "5.9.94.205:37216",
        "addr" : "198.27.125.17:7921",
        "addr" : "67.212.70.84:7921",
        "addr" : "198.204.238.114:59850",
        "addr" : "85.214.207.134:59277",
        "addr" : "185.36.72.90:46872",
        "addr" : "74.208.163.101:59588",
        "addr" : "69.60.67.155:39921",
        "addr" : "137.135.61.33:6737",
        "addr" : "99.249.105.131:61585",
        "addr" : "216.248.20.190:44395",
        "addr" : "72.46.152.250:51986",
        "addr" : "213.21.33.12:42578",
        "addr" : "50.197.11.193:44307",
        "addr" : "84.19.184.96:58454",
        "addr" : "24.86.191.6:49462",
        "addr" : "192.241.188.47:7921",
        "addr" : "74.207.249.228:58036",
        "addr" : "46.4.35.21:42029",
        "addr" : "173.21.66.0:56057",
        "addr" : "74.141.38.4:58807",
hero member
Activity: 499
Merit: 500
Block reward halved again at block 1310400 ...   20160 blocks from 1290240 ...


Code:
1310410 2014-10-31 05:36:23 1 500 16745.491 61532565 141.495 277.043 21.201%
1310409 2014-10-31 05:36:10 1 500 16745.491 61532065 141.496 277.043 21.201%
1310408 2014-10-31 05:36:08 1 500 16745.491 61531565 141.497 277.043 21.201%
1310407 2014-10-31 05:35:58 1 500 16578.02 61531065 141.498 277.043 21.201%
1310406 2014-10-31 05:35:48 1 500 16578.02 61530565 141.499 277.043 21.2011%
1310405 2014-10-31 05:35:39 1 500 16578.02 61530065 141.5 277.043 21.2011%
1310404 2014-10-31 05:35:36 3 1703.7232689 16578.02 61529565 141.502 277.043 21.2011%
1310403 2014-10-31 05:35:06 1 500 16412.236 61529065 141.502 277.042 21.2011%
1310402 2014-10-31 05:34:36 1 500 16412.236 61528565 141.503 277.042 21.2012%
1310401 2014-10-31 05:33:51 1 500 16412.236 61528065 141.504 277.042 21.2012%
1310400 2014-10-31 05:33:49 3 1538.71824821 16412.236 61527565 141.505 277.042 21.2012%
1310399 2014-10-31 05:33:14 1 1000 16248.074 61527065 141.506 277.041 21.2013%
1310398 2014-10-31 05:33:09 1 1000 16248.074 61526065 141.508 277.041 21.2013%
1310397 2014-10-31 05:33:04 1 1000 16248.074 61525065 141.51 277.041 21.2013%
1310396 2014-10-31 05:32:19 1 1000 16248.074 61524065 141.512 277.041 21.2013%
1310395 2014-10-31 05:32:09 1 1000 16085.537 61523065 141.514 277.04 21.2013%
1310394 2014-10-31 05:31:56 3 2216.15450994 16085.537 61522065 141.516 277.04 21.2014%
1310393 2014-10-31 05:31:06 1 1000 16085.537 61521065 141.518 277.04 21.2014%
1310392 2014-10-31 05:30:35 1 1000 16085.537 61520065 141.52 277.039 21.2015%
1310391 2014-10-31 05:30:17 1 1000 15924.626 61519065 141.522 277.039 21.2015%
hero member
Activity: 499
Merit: 500
Can anyone explain how/why TeaCoin began to reward 1000 tea/block at block 1290240?

Was this due to a bug in the code or some form of attack?

The reward should have remained at 1 tea/block.

Code:
Block Approx. Time Transactions Value Out Difficulty Outstanding Average Age Chain Age % CoinDD
1290250 2014-10-27 00:15:43 1 1000 406.208 41378065 208.334 272.821 20.4106%
1290249 2014-10-27 00:15:04 1 1000 406.208 41377065 208.339 272.82 20.4106%
1290248 2014-10-27 00:15:28 1 1000 406.208 41376065 208.344 272.82 20.4106%
1290247 2014-10-27 00:14:43 1 1000 402.138 41375065 208.349 272.82 20.4106%
1290246 2014-10-27 00:14:36 1 1000 402.138 41374065 208.353 272.82 20.4106%
1290245 2014-10-27 00:13:27 1 1000 402.138 41373065 208.358 272.819 20.4107%
1290244 2014-10-27 00:12:53 1 1000 402.138 41372065 208.362 272.819 20.4107%
1290243 2014-10-27 00:12:39 9 1008 398.111 41371065 208.367 272.819 20.4107%
1290242 2014-10-27 00:12:32 2 1001 398.111 41370065 208.372 272.818 20.4107%
1290241 2014-10-27 00:12:00 3 1002 398.111 41369065 208.377 272.818 20.4108%
1290240 2014-10-27 00:11:49 2 1001 398.111 41368065 208.382 272.818 20.4108%
1290239 2014-10-27 00:12:00 6 5.99 394.127 41367065 208.387 272.818 20.4108%
1290238 2014-10-27 00:11:21 4 4 394.127 41367064 208.386 272.818 20.4108%
1290237 2014-10-27 00:10:56 9 9 394.127 41367063 208.386 272.817 20.4108%
1290236 2014-10-27 00:10:46 1 1 394.127 41367062 208.386 272.817 20.4108%
1290235 2014-10-27 00:10:12 4 4 390.185 41367061 208.386 272.817 20.4108%
1290234 2014-10-27 00:10:03 3 3 390.185 41367060 208.386 272.817 20.4109%
1290233 2014-10-27 00:09:09 3 3 390.185 41367059 208.385 272.816 20.4109%
1290232 2014-10-27 00:09:02 3 3 390.185 41367058 208.385 272.816 20.4109%
1290231 2014-10-27 00:08:50 1 1 386.278 41367057 208.385 272.816 20.4109%
1290230 2014-10-27 00:08:42 1 1 386.278 41367056 208.385 272.816 20.4109%
1290229 2014-10-27 00:08:34 3 3 386.278 41367055 208.385 272.816 20.4109%
1290228 2014-10-27 00:08:27 3 3 386.278 41367054 208.385 272.816 20.4109%
1290227 2014-10-27 00:08:13 4 4 382.412 41367053 208.384 272.815 20.411%
1290226 2014-10-27 00:08:03 3 2.99 382.412 41367052 208.384 272.815 20.411%
1290225 2014-10-27 00:07:27 1 1 382.412 41367051 208.384 272.815 20.411%
1290224 2014-10-27 00:07:06 1 1 382.412 41367050 208.384 272.815 20.411%
1290223 2014-10-27 00:06:03 1 1 378.581 41367049 208.383 272.814 20.4111%
1290222 2014-10-27 00:06:13 1 1 378.581 41367048 208.383 272.814 20.4111%
1290221 2014-10-27 00:05:36 1 1 378.581 41367047 208.383 272.814 20.4111%
1290220 2014-10-27 00:05:28 1 1 378.581 41367046 208.382 272.814 20.4111%
1290219 2014-10-27 00:05:21 1 1 394.981 41367045 208.382 272.813 20.4111%
1290218 2014-10-27 00:04:55 1 1 394.981 41367044 208.382 272.813 20.4111%
1290217 2014-10-27 00:05:04 1 1 394.981 41367043 208.382 272.813 20.4111%
1290216 2014-10-27 00:04:07 1 1 394.981 41367042 208.382 272.813 20.4112%
1290215 2014-10-27 00:03:54 1 1 414.231 41367041 208.381 272.812 20.4112%
1290214 2014-10-27 00:03:18 1 1 414.231 41367040 208.381 272.812 20.4112%
1290213 2014-10-27 00:02:35 1 1 414.231 41367039 208.381 272.812 20.4113%
1290212 2014-10-27 00:02:40 1 1 414.231 41367038 208.381 272.812 20.4113%
1290211 2014-10-27 00:02:38 1 1 431.313 41367037 208.381 272.812 20.4113%
1290210 2014-10-27 00:01:50 1 1 431.313 41367036 208.38 272.811 20.4113%
1290209 2014-10-27 00:01:40 1 1 431.313 41367035 208.38 272.811 20.4113%
1290208 2014-10-27 00:00:48 1 1 431.313 41367034 208.379 272.81 20.4114%
1290207 2014-10-27 00:00:49 1 1 462.042 41367033 208.379 272.81 20.4114%
1290206 2014-10-27 00:00:04 1 1 462.042 41367032 208.379 272.81 20.4114%
1290205 2014-10-26 23:59:29 1 1 462.042 41367031 208.378 272.809 20.4114%
1290204 2014-10-26 23:59:21 1 1 462.042 41367030 208.378 272.809 20.4114%
1290203 2014-10-26 23:59:07 1 1 498.032 41367029 208.378 272.809 20.4114%
1290202 2014-10-26 23:58:48 1 1 498.032 41367028 208.378 272.809 20.4115%
1290201 2014-10-26 23:58:41 1 1 498.032 41367027 208.378 272.809 20.4115%
1290200 2014-10-26 23:57:50 1 1 498.032 41367026 208.377 272.808 20.4115%
1290199 2014-10-26 23:57:27 1 1 546.785 41367025 208.377 272.808 20.4115%
1290198 2014-10-26 23:56:53 1 1 546.785 41367024 208.377 272.808 20.4116%
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