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Topic: [SEEDBIT] 300% POS | NO PREMINE | NO ICO (Read 2096 times)

sr. member
Activity: 462
Merit: 250
August 14, 2015, 10:16:53 AM
#23
Very low activity on here.
sr. member
Activity: 462
Merit: 250
Is there free coins on here some?  Roll Eyes 
legendary
Activity: 2912
Merit: 1091
--- ChainWorks Industries ---
Damn it !!  Angry...will somebody tell me where to download the correct Windows wallet. The old one doesn't sync anymore, so I can't stake. WTW is going one with this coin?  Huh

Thank you

after so many weeks - do you really think that anything is really going to happen with the coin without a takeover happening? ...

i invested 'some' time into the coin also - but honestly dont believe that anything favorable will be happening here ...

#crysx

The longer we are kept waiting, the more I lose faith. I think you are right. Another dead coin/wallet. Honesty doesn't exist anymore, like a dead language.

i think honesty and integrity still exist - its just the few that like to take the easy way out - by cheating others that ruin the playing field for most ...

which is why most here - especially those who are new - lose faith very quickly ...

we refuse to give up - no matter how long it takes us - on making something of the gift we have called crypto ...

you can always mine and trade and invest granitecoin ... we are always continuing to improve as best we can ... even though we are slow - we like it that way as it grows the coin and the community organically - unlike a lot of the coins that are a fast paced quick 'get in and get out' system for the devs ...

have a look mate - https://bitcointalksearch.org/topic/a-chainworks-industries-cwi-project-granite-simple-solid-stable-grn-718939 ... its also in my sig ... ive been working and taking care of it all now for a year - especially making things 'in-house' so that things like 'this here' dont happen as easy ...

the other project im working on - https://bitcointalksearch.org/topic/a-chainworks-industries-cwi-project-donate-by-mining-dbm-1089744 ... for the devs that deserve to be donated to - and not damn the crypto scene to hell - but actually contribute to it ...

i see you around a lot in various threads ( as i am ) - and hope to see you with granitecoin eventually ...

#crysx
hero member
Activity: 1064
Merit: 500
MOBU
Damn it !!  Angry...will somebody tell me where to download the correct Windows wallet. The old one doesn't sync anymore, so I can't stake. WTW is going one with this coin?  Huh

Thank you

after so many weeks - do you really think that anything is really going to happen with the coin without a takeover happening? ...

i invested 'some' time into the coin also - but honestly dont believe that anything favorable will be happening here ...

#crysx

The longer we are kept waiting, the more I lose faith. I think you are right. Another dead coin/wallet. Honesty doesn't exist anymore, like a dead language.
legendary
Activity: 2912
Merit: 1091
--- ChainWorks Industries ---
Damn it !!  Angry...will somebody tell me where to download the correct Windows wallet. The old one doesn't sync anymore, so I can't stake. WTW is going one with this coin?  Huh

Thank you

after so many weeks - do you really think that anything is really going to happen with the coin without a takeover happening? ...

i invested 'some' time into the coin also - but honestly dont believe that anything favorable will be happening here ...

#crysx
legendary
Activity: 1162
Merit: 1000
Decentralizing Jesus on the Blockchain
same here even the fresh compilation isnt syncing
hero member
Activity: 1064
Merit: 500
MOBU
Damn it !!  Angry...will somebody tell me where to download the correct Windows wallet. The old one doesn't sync anymore, so I can't stake. WTW is going one with this coin?  Huh

Thank you
full member
Activity: 203
Merit: 100
the old dev takes off for 2 weeks obviously he/she simply doesn't care..... time for sacskate at least he shows up.
hero member
Activity: 994
Merit: 500
UPDATED OP
hero member
Activity: 994
Merit: 500
Updated:
min\max stake age now min-5 days max - 15 days (to help with dumping)
300% pos
400 max reward (to help with inflation)
20 confirms for mined
10 confirms for tx

21 messy commits for this...

Why is the check removed to prevent malicious nodes cheating in calculating the POS amount.

A node can now submit any POS amount it wants and it won't be rejected:

https://github.com/drips/seedbit/commit/48b93513373755fc9082964438a58b37be72d838


I'm glad to see that you are back after abandoning the coin. I'm just trying to help the community get something going. It's sad to see so many Devs abandoning coins after a few days.
newbie
Activity: 17
Merit: 0
Updated:
min\max stake age now min-5 days max - 15 days (to help with dumping)
300% pos
400 max reward (to help with inflation)
20 confirms for mined
10 confirms for tx

21 messy commits for this...

Why is the check removed to prevent malicious nodes cheating in calculating the POS amount.

A node can now submit any POS amount it wants and it won't be rejected:

https://github.com/drips/seedbit/commit/48b93513373755fc9082964438a58b37be72d838
hero member
Activity: 994
Merit: 500
Updated:
min\max stake age now min-5 days max - 15 days (to help with dumping)
300% pos
400 max reward (to help with inflation)
20 confirms for mined
10 confirms for tx
newbie
Activity: 17
Merit: 0
300% YEAR POS COMING... 3 PER BLOCK UNTIL UPDATE

Sorry, but that's not what you implemented in the source code:

Code:
// miner's coin stake reward based on coin age spent (coin-days)
int64_t GetProofOfStakeReward(int64_t nCoinAge, int64_t nFees, int nHeight)
{
    // int64_t nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8);
    int64_t nSubsidy = 1 * COIN;
    if(nHeight < 5000)
    {
        nSubsidy = 50 * COIN;
    }
    else
    {
   nSubsidy = 300 * CENT;
    }

    if (fDebug && GetBoolArg("-printcreation"))
        printf("GetProofOfStakeReward(): create=%s nCoinAge=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nCoinAge);

    return nSubsidy + nFees;
}

You made a 300 CENT FIXED Proof of Stake award, not 300 PERCENT POS!!!

You also did not make a hard fork point. A specific block needs to be specified where new changes start.

Your code won't do what you think it does.

Given these bugs, I really don't think you should update the wallet. If there's something else you'd like to contribute, you're more than welcome.

Original thread (and official) thread is here:

https://bitcointalksearch.org/topic/annsed-seedbit-pos-pow-finished-no-premine-no-ico-1066956

Code updated with checkpoint and alert keys.
sr. member
Activity: 243
Merit: 250
Pretty high inflation rate if you ask me  Lips sealed
sr. member
Activity: 519
Merit: 250
legendary
Activity: 2688
Merit: 1240
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
Are there any plans for this coins?
sr. member
Activity: 519
Merit: 250
Pools?
legendary
Activity: 2912
Merit: 1091
--- ChainWorks Industries ---
if this is going to be the 'official' thread now - it will be better to lock the other thread ...

ill keep watching this coin Smiley ...

#crysx
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