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Topic: [SDC] ShadowCash | Welcome to the UMBRA - page 517. (Read 1289714 times)

hero member
Activity: 658
Merit: 500
The Buck Stops Here.
November 07, 2014, 03:34:51 PM
http://shadowcash.info/wiki/ShadowChat Hopefully helps you out, have you ever used PGP pub keys?


That's how it's accomplished? Huh. I'll have to try it out.
sr. member
Activity: 476
Merit: 250
November 07, 2014, 03:15:16 PM
Can someone explain to me "staking" and "weight"?

Is it better to have multiple inputs in the wallet or is it ok to have only one large input in one address?

Basically, how can you optimize staking the most efficiently?

EDIT:

Am I also right in assuming that if I have 20k SDC being staked, I should be generating 1.096 SDC a day?

20 000 / 365 * .02

Okay, so staking is the process of creating a new block and getting this block approved by the network, according to the parameters of the protocol (8 hours for SDC) the staked coins will be unavailable for new stake during that time.

Weight is simply your weight on the network. If you keep your wallet offline / locked from the network for 1 day you will save up 1 coinday in weight per coin. In your case this would be a weight of 20.000 per day. Saving up the weight will make your coins stake faster at that point, but after they have staked they'll have to build up weight again to stake again.

Simply said, User A with 100 coins and 10 days of weight will have a weight of 1000 on the network. User B with 1000 coins and 1 day of weight will have the same weight, however he will stake earlier as he will gather more weight faster.

To get the most out of staking you should keep your wallet unlocked for staking 24/7. You calculation is about right, however, because you stake the 1.096 the next day also you will receive a bit more by the end of the year. Also, transaction costs get added too so eventually it's a bit more then 2% if you stake 24/7.

Awesome. Should I just remove the passphrase entirely off the wallet since it seems you are only able to stake with it unlocked. The only way I've seen to unlock it is with walletpassphrase 'MySuperSecretPassword' 300 true.

Which unlocks it for 300 seconds. Is there anyway to unlock it indefinitely?

Also, I tried doing a send message thing. What the hell is the public key? In a regular bitcoin address, the public key is the public address. How do I send a message to someone if they shared a public address with me?

If you are using daemon / command line then 999999999999 is the solution, no other way to do it. If you use the UI you can unlock it indefinetly via the menu options by simply unlocking the wallet for staking. (Settings -> Unlock Wallet)

If using the GUI, when you go to unlock the wallet, you can unlock it fully or click the checkbox and it will "Unlock for staking only".
sr. member
Activity: 476
Merit: 250
November 07, 2014, 03:14:18 PM
When will ShadowSend v2 be ready (expectation)? How far is it?

We are on testnet now with it.
sr. member
Activity: 476
Merit: 250
November 07, 2014, 02:51:51 PM
Can someone explain to me "staking" and "weight"?

Is it better to have multiple inputs in the wallet or is it ok to have only one large input in one address?

Basically, how can you optimize staking the most efficiently?

EDIT:

Am I also right in assuming that if I have 20k SDC being staked, I should be generating 1.096 SDC a day?

20 000 / 365 * .02

Okay, so staking is the process of creating a new block and getting this block approved by the network, according to the parameters of the protocol (8 hours for SDC) the staked coins will be unavailable for new stake during that time.

Weight is simply your weight on the network. If you keep your wallet offline / locked from the network for 1 day you will save up 1 coinday in weight per coin. In your case this would be a weight of 20.000 per day. Saving up the weight will make your coins stake faster at that point, but after they have staked they'll have to build up weight again to stake again.

Simply said, User A with 100 coins and 10 days of weight will have a weight of 1000 on the network. User B with 1000 coins and 1 day of weight will have the same weight, however he will stake earlier as he will gather more weight faster.

To get the most out of staking you should keep your wallet unlocked for staking 24/7. You calculation is about right, however, because you stake the 1.096 the next day also you will receive a bit more by the end of the year. Also, transaction costs get added too so eventually it's a bit more then 2% if you stake 24/7.

Awesome. Should I just remove the passphrase entirely off the wallet since it seems you are only able to stake with it unlocked. The only way I've seen to unlock it is with walletpassphrase 'MySuperSecretPassword' 300 true.

Which unlocks it for 300 seconds. Is there anyway to unlock it indefinitely?

Also, I tried doing a send message thing. What the hell is the public key? In a regular bitcoin address, the public key is the public address. How do I send a message to someone if they shared a public address with me?

If you are using daemon / command line then 999999999999 is the solution, no other way to do it. If you use the UI you can unlock it indefinetly via the menu options by simply unlocking the wallet for staking. (Settings -> Unlock Wallet)
sr. member
Activity: 350
Merit: 250
November 07, 2014, 02:46:02 PM
In case anyone didn't get the memo: Edward Snowden live taking Q/As on encryption.

http://rcfp.org/encryptnews
full member
Activity: 210
Merit: 100
November 07, 2014, 02:39:25 PM
http://shadowcash.info/wiki/ShadowChat Hopefully helps you out, have you ever used PGP pub keys?
hero member
Activity: 658
Merit: 500
The Buck Stops Here.
November 07, 2014, 02:25:35 PM
Can someone explain to me "staking" and "weight"?

Is it better to have multiple inputs in the wallet or is it ok to have only one large input in one address?

Basically, how can you optimize staking the most efficiently?

EDIT:

Am I also right in assuming that if I have 20k SDC being staked, I should be generating 1.096 SDC a day?

20 000 / 365 * .02

Okay, so staking is the process of creating a new block and getting this block approved by the network, according to the parameters of the protocol (8 hours for SDC) the staked coins will be unavailable for new stake during that time.

Weight is simply your weight on the network. If you keep your wallet offline / locked from the network for 1 day you will save up 1 coinday in weight per coin. In your case this would be a weight of 20.000 per day. Saving up the weight will make your coins stake faster at that point, but after they have staked they'll have to build up weight again to stake again.

Simply said, User A with 100 coins and 10 days of weight will have a weight of 1000 on the network. User B with 1000 coins and 1 day of weight will have the same weight, however he will stake earlier as he will gather more weight faster.

To get the most out of staking you should keep your wallet unlocked for staking 24/7. You calculation is about right, however, because you stake the 1.096 the next day also you will receive a bit more by the end of the year. Also, transaction costs get added too so eventually it's a bit more then 2% if you stake 24/7.

Awesome. Should I just remove the passphrase entirely off the wallet since it seems you are only able to stake with it unlocked. The only way I've seen to unlock it is with walletpassphrase 'MySuperSecretPassword' 300 true.

Which unlocks it for 300 seconds. Is there anyway to unlock it indefinitely?

Also, I tried doing a send message thing. What the hell is the public key? In a regular bitcoin address, the public key is the public address. How do I send a message to someone if they shared a public address with me?
newbie
Activity: 7
Merit: 0
November 07, 2014, 02:23:46 PM
When will ShadowSend v2 be ready (expectation)? How far is it?

It's in private beta. Things are apparently looking good, but you never know what might break when a bug is fixed. No ETAs due to this fact.
hero member
Activity: 530
Merit: 500
November 07, 2014, 02:19:56 PM
When will ShadowSend v2 be ready (expectation)? How far is it?
full member
Activity: 129
Merit: 100
Leave nothing but a shadow.
November 07, 2014, 02:18:57 PM
Can someone explain to me "staking" and "weight"?

Is it better to have multiple inputs in the wallet or is it ok to have only one large input in one address?

Basically, how can you optimize staking the most efficiently?

EDIT:

Am I also right in assuming that if I have 20k SDC being staked, I should be generating 1.096 SDC a day?

20 000 / 365 * .02

Okay, so staking is the process of creating a new block and getting this block approved by the network, according to the parameters of the protocol (8 hours for SDC) the staked coins will be unavailable for new stake during that time.

Weight is simply your weight on the network. If you keep your wallet offline / locked from the network for 1 day you will save up 1 coinday in weight per coin. In your case this would be a weight of 20.000 per day. Saving up the weight will make your coins stake faster at that point, but after they have staked they'll have to build up weight again to stake again.

Simply said, User A with 100 coins and 10 days of weight will have a weight of 1000 on the network. User B with 1000 coins and 1 day of weight will have the same weight, however he will stake earlier as he will gather more weight faster.

To get the most out of staking you should keep your wallet unlocked for staking 24/7. You calculation is about right, however, because you stake the 1.096 the next day also you will receive a bit more by the end of the year. Also, transaction costs get added too so eventually it's a bit more then 2% if you stake 24/7.

- Soepkip
sr. member
Activity: 277
Merit: 250
November 07, 2014, 01:57:19 PM
What OS?

Well maybe its something to do with my computer because in the wallet it says: ATTENTION MAKE SURE YOUR COMPUTERS DATE AND TIME IS CORRECT.

It is correct, however.

legendary
Activity: 1764
Merit: 1000
November 07, 2014, 01:55:43 PM
Benthach, Go back to xst and your bagnet  Roll Eyes

lol you got me
hero member
Activity: 658
Merit: 500
The Buck Stops Here.
November 07, 2014, 01:54:35 PM
Can someone explain to me "staking" and "weight"?

Is it better to have multiple inputs in the wallet or is it ok to have only one large input in one address?

Basically, how can you optimize staking the most efficiently?

EDIT:

Am I also right in assuming that if I have 20k SDC being staked, I should be generating 1.096 SDC a day?

20 000 / 365 * .02
hero member
Activity: 658
Merit: 500
The Buck Stops Here.
November 07, 2014, 01:51:06 PM
I was wondering if a bit of DRK money would start coming into SDC.
I can see it already has  Cool

Impressive.

Bought a few as well Grin

Heh, that's kind of awesome. So that's you, me, and Coinz so far.
full member
Activity: 210
Merit: 100
November 07, 2014, 01:49:09 PM
Benthach, Go back to xst and your bagnet  Roll Eyes
hero member
Activity: 700
Merit: 500
★ IT's Party Time! ★
November 07, 2014, 01:48:27 PM
^^^Angry Stealthcoin bagholder detected  Cheesy Cheesy Cheesy
legendary
Activity: 1708
Merit: 1049
November 07, 2014, 01:47:49 PM
I was wondering if a bit of DRK money would start coming into SDC.
I can see it already has  Cool

Impressive.

Bought a few as well Grin
full member
Activity: 210
Merit: 100
November 07, 2014, 12:56:37 PM
What OS?
sr. member
Activity: 277
Merit: 250
November 07, 2014, 12:51:43 PM
There is a new update that fixes the syncing issue. Apologies for the OP not being updated, the devs have been so busy working on the newer client for public testing it seems they forgot to update the links.

Updated clients:
Win: www.shadow.cash/downloads/shadow_1.2.0.2_win32.zip
OSX: http://www.shadow.cash/downloads/shadow_1.2.0.2_macosx.dmg
Linux:


Also try the bootstrap file it will reduce the sync times:

Hey guys

There's a bootstrap file available @ http://shadow.cash/downloads/bootstrap.dat .
I will set up a cron job later this week to update it on a daily basis.

To use it, close your wallet and drop it in your Shadow directory
          a. Windows
                    i.    C:\Users\YourUserName\Appdata\Roaming\ShadowCoin (Vista and 7)

          b. OSX
                    i.    ~/Library/Application Support/ShadowCoin/

           c.  Linux
                    i.    ~/.shadowcoin/

Hop into #shadowcash IRC if you're available for quicker support!

Thanks for your help man.. But its still not working

Tried the newer version, and tried the bootstrap. Its still stuck at 99,99% or so. Only 9 hours remaining on the chain to sync.
hero member
Activity: 700
Merit: 500
★ IT's Party Time! ★
November 07, 2014, 12:37:30 PM
There is a new update that fixes the syncing issue. Apologies for the OP not being updated, the devs have been so busy working on the newer client for public testing it seems they forgot to update the links.

Updated clients:
Win: www.shadow.cash/downloads/shadow_1.2.0.2_win32.zip
OSX: http://www.shadow.cash/downloads/shadow_1.2.0.2_macosx.dmg
Linux:


Also try the bootstrap file it will reduce the sync times:

Hey guys

There's a bootstrap file available @ http://shadow.cash/downloads/bootstrap.dat .
I will set up a cron job later this week to update it on a daily basis.

To use it, close your wallet and drop it in your Shadow directory
          a. Windows
                    i.    C:\Users\YourUserName\Appdata\Roaming\ShadowCoin (Vista and 7)

          b. OSX
                    i.    ~/Library/Application Support/ShadowCoin/

           c.  Linux
                    i.    ~/.shadowcoin/

Hop into #shadowcash IRC if you're available for quicker support!

Big Thanx mate!
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