Quote from: cecilbdemented on July 30, 2014, 02:50:20 PM

Quote from: fonzerrellie on July 30, 2014, 07:39:24 AM

Quote from: edn247 on July 30, 2014, 06:40:42 AM

Quote from: Invest4al on July 30, 2014, 05:00:03 AM

tx for following up, this is precisely what I mean

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.

The plan is to end at block 6000, the general thought is that without a healthy reward for mining and a decent amount of hashing power on the network there is a chance for a malicious attack on the network that doesn't exist if we eliminate PoW at some point, otherwise, yes it would be great to let it keep going indefinitely.