Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh)
by
y_virtual
on 27/09/2015, 13:25:42 UTC
Question 2 again, as well as question 3:

2. On the pop-up box next to the Staking circle we saw numbers for the interest rate going up to only 99%. Were they refering to this same interest rate with a max unsigned integer value of 9223372036854775807?

3. In the first 2 hours of the Vericoin transition to PoST, what was the maximum interest rate achieved?

Question 2 and 3 again, with an additional question 2.1 (from observations on the current 2.0.3 version):

2. On the pop-up box next to the Staking circle we saw numbers for the interest rate going up to only 99%. Were they refering to this same interest rate with a max unsigned integer value of 9223372036854775807?

2.1.  In 2.0.3, a cap of 10% on the interest rate has been introduced, right? The pop-up box next to the Staking circle shows a number for the interest rate going up to 99%, again. Where is this number actually coming from and what does it represent?

3. In the first 2 hours of the Vericoin transition to PoST, what was the maximum interest rate achieved?

Next questions follow, but it is important to have answers for 2 , 2.1, 3 so that I post additional questions on those.

Questions 5,6,7 intro:

Here is what we reached a consensus on (Steve, those were your proposals and reasoning):


I need to confirm that mining is still going on and at what height.  840000 gives me time to sort it out. But yes, if there's consensus to make it 832000 or 833000, I'm ok with issuing a new release.

-Steve


Concerning ending PoW at 840000.  If we leave it at 840000, this gives me time to debug the CryptoID issue, and it gives me time to setup another testnet to verify the changes.

On a personal note, I was supposed to leave on a two day rock climbing trip today. I've postponed it to tomorrow, so that gives me time for a much needed break, and all of the above. Wink

I'm ok with whatever the consensus is, though.

-Steve

PoW mining is not at 840000 yet, so we have not reached the block height agreed upon in the consensus we did have.

Now question 5:
5. How much time do you need to debug and fix the CryptoID issue? Can it be done before PoW block 840000?

Why is this so important: the BlockChain explorer is an integral part of the system. One of the reasons for the concesus we had about block 840000 was that you said you think you will be able to make it work by then. Only when it works everyone can verify the numbers and overlook the network stats, thus control the transition to PoST process. When it doesn't work, the SLR blockchain is practically unoperational for the outside world.

Question 6:
6. How much time is needed for you and the MiningPoolHub to sort out and fix the issue with programmatically transitioning from PoW to PoST?

Question 7:
7. How much time is needed to setup another testnet to verify the changes?

Once again - all these were issues you brought up for solving, and we did have a consensus for block 840000 so that you can have them solved BEFORE the transition to PoST.

Questions 2 and 2.1 have been answered here:

The "Earnable matured interest" in the pop-up box next to the Staking circle is actually the Time-active fraction with range of 0 to 1 (0% to 100%)
Please see pages 6 and 7 of the link below:
http://www.vericoin.info/downloads/VeriCoinPoSTWhitePaper10May2015.pdf

It is a confusing label carried over from VeriCoin.
An attempt will be to display the interest rate if it does not consume to much CPU power.
If not, the confusing label "Earnable matured interest" will be removed.

The missing Question 4 is still expecting the answer to 3.

Question 8:
With version 2.0.1 around, having been downloaded and available for installation, if anyone wants to get on the Lottery-Winning-Train, do they just install 2.0.1 and start staking millions of SLR? Which blockchain should they stick to for better results - the main 1.5 PoW blockchain, or the forked 2.0.3? With no blockchain explorer around, I bet the 2.0.1 version is the way to go if anyone wants to get into the billions of SLR within a day or two, without being noticed.
So here is my question 8:
8. DO YOU GET IT NOW?

 Cool Edit: Any further code changes to PoST implementation MUST FIRST ensure 2.0.1 will not be allowed to stake on the blockchain.

FYI: current SLR main (PoW) blockchain block height: 837905