Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Techcoin [TECH] [186,985 PoW coins 4% PoS] [BITTREX] [NEW DEVS!]
by
cecilbdemented
on 30/07/2014, 14:50:20 UTC
tx for following up, this is precisely what I mean Smiley   I just gave it a run but still 'out of sync' still minutes later.   Should I add some nodes ? thanks again.

If you are on block 5085 and it says out of sync that is fine - no problem.  Next version will be partly fixing that problem (the GUI was very impatient waiting for a new block and declares that it's out of sync if it doesn't see a new block after an hour, even though it's not out of sync from the rest of the network's blockchain) along with a lot of changes to the code to allow the blocks to be produced regularly without creating more base currency.

The update is ready but since this will produce a hard fork we are trying to coordinate the publish with the exchanges' update so that everyone will be able to withdraw to the correct chain.  A good number of you will have coins staking right away when you update to this version because it reduces a lot of time that coins need to wait to re-stake.  After one more block of PoS the PoW phase 2 will begin and you can mine for network fees only like bitcoin will be eventually, although you won't have to mine because PoS will be running too.  I will also publish a new copy of the blockchain once we see PoW blocks to help with the fork.

[edit: no need to add nodes, we have DNS seeds built-in]

Cheers!

great stuff, thanks for putting in your time on this. so will we be able to continue mining for tx fees after block 6000 is complete? I think that would be a first for a pos coin wouldn't it?

The 1.0.2 code has the second PoW phase ending on block 6000.