Rebranded to Duality Blockchain Solutions - page 57.

borris123

hero member

Activity: 728

Merit: 500

Quote from: SilkNetwork on September 23, 2016, 11:30:47 AM

Quote from: borris123 on September 23, 2016, 11:25:43 AM

Quote from: SilkNetwork on September 23, 2016, 11:11:53 AM

Quote from: borris123 on September 23, 2016, 10:59:21 AM

just found this coin. looks good. alot of information on the op.

can someone break it down into key points and up and coming features?

i.e.

why should i buy this coin?

This would be a good place to start - https://silknetwork.org/files/brochure.pdf

Have a good read through that and then if you have questions, feel free to ask.

trying get me head around how slk is used when the actual currency is darkslk? can you explain in basic terms please. when drkslk is purchased using weaver you buy slk at market value to keep in reserves???

When a client buys DSLK at Weaver, Silk Network will match its value in SLK to buy back the released DSLK.

The accepted BTC that has been acquired for DSLK will then be used to buy back the SLK collateral that has been set out at purchase.

Over time both orders get filled.

so lsk will always be valuable as long as the dlsk is being used and purchased? the higher value on dslk the higher value lsk will be?

there is an ico for dlsk? so whatever that is should be the value of lsk? gone over me head and its late here.

SilkNetwork

full member

Activity: 238

Merit: 100

Tripartite of Silk, DarkSilk and Weaver

Quote from: borris123 on September 23, 2016, 11:25:43 AM

Quote from: SilkNetwork on September 23, 2016, 11:11:53 AM

Quote from: borris123 on September 23, 2016, 10:59:21 AM

just found this coin. looks good. alot of information on the op.

can someone break it down into key points and up and coming features?

i.e.

why should i buy this coin?

This would be a good place to start - https://silknetwork.org/files/brochure.pdf

Have a good read through that and then if you have questions, feel free to ask.

trying get me head around how slk is used when the actual currency is darkslk? can you explain in basic terms please. when drkslk is purchased using weaver you buy slk at market value to keep in reserves???

When a client buys DSLK at Weaver, Silk Network will match its value in SLK to buy back the released DSLK.

The accepted BTC that has been acquired for DSLK will then be used to buy back the SLK collateral that has been set out at purchase.

Over time both orders get filled.

borris123

hero member

Activity: 728

Merit: 500

Quote from: SilkNetwork on September 23, 2016, 11:11:53 AM

Quote from: borris123 on September 23, 2016, 10:59:21 AM

just found this coin. looks good. alot of information on the op.

can someone break it down into key points and up and coming features?

i.e.

why should i buy this coin?

This would be a good place to start - https://silknetwork.org/files/brochure.pdf

Have a good read through that and then if you have questions, feel free to ask.

trying get me head around how slk is used when the actual currency is darkslk? can you explain in basic terms please. when drkslk is purchased using weaver you buy slk at market value to keep in reserves???

SilkNetwork

full member

Activity: 238

Merit: 100

Tripartite of Silk, DarkSilk and Weaver

Quote from: borris123 on September 23, 2016, 10:59:21 AM

just found this coin. looks good. alot of information on the op.

can someone break it down into key points and up and coming features?

i.e.

why should i buy this coin?

This would be a good place to start - https://silknetwork.org/files/brochure.pdf

Have a good read through that and then if you have questions, feel free to ask.

borris123

hero member

Activity: 728

Merit: 500

just found this coin. looks good. alot of information on the op.

can someone break it down into key points and up and coming features?

i.e.

why should i buy this coin?

SilkNetwork

full member

Activity: 238

Merit: 100

Tripartite of Silk, DarkSilk and Weaver

Quote from: arguelles84 on September 23, 2016, 09:18:08 AM

I found my files in appdata, how do I load it into wallet? When i loat wallet it says block source cant be found, 7 days behind and some error. Is there any way of checking whats my balance in that folder? Thanks.

What is it exactly that you are trying to do? Are you trying to load your old Silkcoin(SILK/SC) wallet.dat into the new Silk(SLK) wallet? If so that doesnt work.

Register an account at Weaver on https://silknetwork.org/register/
Send you Silkcoins to you account Silkcoin address, and wait for them to be swapped for Silk.
Once you are credited with Silk send them to your local Silk wallet.

You can check your balance by entering your public key in the appropriate block explorer:
Silk(SLK) https://slkexplorer.silknetwork.org/
Silkcoin(SILK/SC) https://silkexplorer.silknetwork.org/

HORT

hero member

Activity: 508

Merit: 501

Quote from: arguelles84 on September 23, 2016, 09:18:08 AM

I found my files in appdata, how do I load it into wallet? When i loat wallet it says block source cant be found, 7 days behind and some error. Is there any way of checking whats my balance in that folder? Thanks.

Find your wallet.dat file in your appdata/roaming and cut and paste to desktop. Delete roaming folder. Open wallet and let it begin downloading blocks (it can take 5 minutes to connect the first time). Close wallet. Take wallet.dat file from your desktop and replace wallet.dat file in the new appdata/roaming file. Restart wallet and let fully sync.

BE SURE TO COPY WALLET.DAT FILE FIRST OR YOU WILL LOSE YOUR COINS

If you had the old silkcoin then you will have two folders in your appdata/roaming folder. You want the silk one.

drizzle2405

legendary

Activity: 1148

Merit: 1000

Quote from: HORT on September 23, 2016, 08:58:52 AM

Quote from: drizzle2405 on September 23, 2016, 08:56:28 AM

Anyone email coinmarketcap?

Yes, it has been taken care of by Mark.

Cool beans!

arguelles84

full member

Activity: 285

Merit: 100

I found my files in appdata, how do I load it into wallet? When i loat wallet it says block source cant be found, 7 days behind and some error. Is there any way of checking whats my balance in that folder? Thanks.

HORT

hero member

Activity: 508

Merit: 501

Quote from: drizzle2405 on September 23, 2016, 08:56:28 AM

Anyone email coinmarketcap?

Yes, it has been taken care of by Mark.

drizzle2405

legendary

Activity: 1148

Merit: 1000

Anyone email coinmarketcap?

drizzle2405

legendary

Activity: 1148

Merit: 1000

I received several stakes with no problems. Running win32 wallet. Happy trading for all the traders out there. Now onto the next! DRKSLK ICO soon...

SLievensDRKSLK

hero member

Activity: 490

Merit: 500

CTO - Silk Network

Quote from: OrsonJ on September 23, 2016, 08:37:21 AM

Quote from: HORT on September 23, 2016, 08:29:06 AM

Quote from: OrsonJ on September 23, 2016, 08:20:13 AM

I noticed there's not as much information regarding staking with the Silk wallet as with some others. For instance, getstakinginfo doesn't return your staking weight, the network staking weight nor an expected time till next stake. Am I right in thinking Silk uses PoS v3 and so coin age isn't a factor?

Yes, no coin age as per the white paper.

A. Taking the Coin Age Out of the Equation.

The most secure way to perform a Proof-of-Stake (PoS)
system is by having as many nodes online as possible.
The more nodes that are staking, the less possibility for
security issues like 51% attacks, and the faster the actual
network will perform transactions through these nodes.
Thus, taking out the coin age will require all nodes to be
online more to get their stake reward. Saving up coin
age is no longer a possibility with the new system that
calculates the chance of staking as follows:

proofhash < coins · target

Note that the system above will not change the actual stake reward.

Thanks, I thought that was the case. Unfortunately staking doesn't seem to be working in my wallet. The system clock's correct, the coins have been there for well over an hour, I've got plenty of connections to the network, the wallet is unlocked, there's no .conf file so no config options that'd be interfering and getstakinginfo returns true for enabled and staking. But it's not producing blocks. According to the explorer most blocks are being found by a single address, which I guess makes sense if there aren't that many wallets staking. But I don't have that much less SLK in my own wallet and certainly the outputs I'm staking with are larger because they haven't been split yet. It's been a few hours now.

Is anyone experiencing anything similar? And any idea what might be causing it? (Ubuntu 16.04 compiled from source)

Patience. There are a huuuuge amount of inputs staking on the network.

For extra confidence, add stakegen=1 to your wallet.conf but it will work regardless Wink

OrsonJ

sr. member

Activity: 597

Merit: 253

... and the swarm is headed towards us

Quote from: HORT on September 23, 2016, 08:29:06 AM

Quote from: OrsonJ on September 23, 2016, 08:20:13 AM

I noticed there's not as much information regarding staking with the Silk wallet as with some others. For instance, getstakinginfo doesn't return your staking weight, the network staking weight nor an expected time till next stake. Am I right in thinking Silk uses PoS v3 and so coin age isn't a factor?

Yes, no coin age as per the white paper.

A. Taking the Coin Age Out of the Equation.

The most secure way to perform a Proof-of-Stake (PoS)
system is by having as many nodes online as possible.
The more nodes that are staking, the less possibility for
security issues like 51% attacks, and the faster the actual
network will perform transactions through these nodes.
Thus, taking out the coin age will require all nodes to be
online more to get their stake reward. Saving up coin
age is no longer a possibility with the new system that
calculates the chance of staking as follows:

proofhash < coins · target

Note that the system above will not change the actual stake reward.

Thanks, I thought that was the case. Unfortunately staking doesn't seem to be working in my wallet. The system clock's correct, the coins have been there for well over an hour, I've got plenty of connections to the network, the wallet is unlocked, there's no .conf file so no config options that'd be interfering and getstakinginfo returns true for enabled and staking. But it's not producing blocks. According to the explorer most blocks are being found by a single address, which I guess makes sense if there aren't that many wallets staking. But I don't have that much less SLK in my own wallet and certainly the outputs I'm staking with are larger because they haven't been split yet. It's been a few hours now.

Is anyone experiencing anything similar? And any idea what might be causing it? (Ubuntu 16.04 compiled from source)

HORT

hero member

Activity: 508

Merit: 501

Quote from: OrsonJ on September 23, 2016, 08:20:13 AM

I noticed there's not as much information regarding staking with the Silk wallet as with some others. For instance, getstakinginfo doesn't return your staking weight, the network staking weight nor an expected time till next stake. Am I right in thinking Silk uses PoS v3 and so coin age isn't a factor?

Yes, no coin age as per the white paper.

A. Taking the Coin Age Out of the Equation.

The most secure way to perform a Proof-of-Stake (PoS)
system is by having as many nodes online as possible.
The more nodes that are staking, the less possibility for
security issues like 51% attacks, and the faster the actual
network will perform transactions through these nodes.
Thus, taking out the coin age will require all nodes to be
online more to get their stake reward. Saving up coin
age is no longer a possibility with the new system that
calculates the chance of staking as follows:

proofhash < coins · target

Note that the system above will not change the actual stake reward.

OrsonJ

sr. member

Activity: 597

Merit: 253

... and the swarm is headed towards us

I noticed there's not as much information regarding staking with the Silk wallet as with some others. For instance, getstakinginfo doesn't return your staking weight, the network staking weight nor an expected time till next stake. Am I right in thinking Silk uses PoS v3 and so coin age isn't a factor?

HORT

hero member

Activity: 508

Merit: 501

Better get your SLK while you can. Bittrex is open for business.

Yoshinori

newbie

Activity: 66

Merit: 0

Quote from: westloin on September 23, 2016, 07:22:45 AM

SLK is trading 19th on bittrex. Made it on the first page in just 4 hrs.

Oh that's just the beginning Wink

westloin

newbie

Activity: 53

Merit: 0

SLK is trading 19th on bittrex. Made it on the first page in just 4 hrs.

mlangdon

newbie

Activity: 6

Merit: 0

Transactions have all been updated for the Silk Network Weaver. I am currently working on swapping the few of you over before I head to sleep. Anyone who still wants to swap through Weaver is encouraged to do so. I will be processing transactions manually all day. Scripts will be going automated after I monitor them for a day. Withdrawals will also be processed as well. Have a good day everyone.

Topic: Rebranded to Duality Blockchain Solutions - page 57. (Read 129296 times)