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Showing 8 of 8 results by TMacLaughlin
Re: [ANN] lolMiner-mnx, Mining MinexCoin(MNX) New version: v0.33 (Mar 23)
>That pool is currently reporting 672.72 k sols. The network is currently 198594.56 ksols.
Sure it's low - it was 2.5 Msols 2 days ago.
>The page itself lists the current luck at 0.661.
Yes - but it's not zero for 3 days.
>Is it possible that the pool recently lost some mining power to explain why the returns have gone down?
It went from 2.5 M to 0.7 M because nothing is coming in, no block.
But on the other points, like the global difficulty going down?
Sure it's low - it was 2.5 Msols 2 days ago.
>The page itself lists the current luck at 0.661.
Yes - but it's not zero for 3 days.
>Is it possible that the pool recently lost some mining power to explain why the returns have gone down?
It went from 2.5 M to 0.7 M because nothing is coming in, no block.
But on the other points, like the global difficulty going down?
Sorry if anyone caught my first reply. I misread the block explorer so my numbers were wrong.
xplorer.com/?r=explorer/address&hash=XRPQoGJqrXwGLuAL8RVuWkX7PHNdUR2bVg]https[Suspicious link removed]xplorer.com/?r=explorer/address&hash=XRPQoGJqrXwGLuAL8RVuWkX7PHNdUR2bVg
It looks like they have found 5 blocks in roughly 5 days. There was a two and a half day gap, but random chance does that especially with really low chances.
If the miner wasn't providing correct solutions then the pool should show them as invalid shares or something similar.
Re: [ANN] lolMiner-mnx, Mining MinexCoin(MNX) New version: v0.33 (Mar 23)
@Lolliedieb
I suspect there is a big problem above v0.22, probably v0.31..v0.33
1° I use 0.31 and didn't get any block or reward, the pool didn't get any block for 3 days:
https://mnx.forgetop.com/dashboard
I suspect there is a big problem above v0.22, probably v0.31..v0.33
1° I use 0.31 and didn't get any block or reward, the pool didn't get any block for 3 days:
https://mnx.forgetop.com/dashboard
That pool is currently reporting 672.72 k sols. The network is currently 198594.56 ksols.
That is 0.3% of the network hash. On average the pool should find less than two blocks a day, but with numbers that small not getting any for a few days is still within range for normal. The page itself lists the current luck at 0.661.
Is it possible that the pool recently lost some mining power to explain why the returns have gone down?
Re: [ANN] Signatum - New Algorithm - Fair Launch - No Premine
Don't worry. On the official site it says: "Signatum is designed to be easily integrated into several applications, including payment platforms, exchanges, and marketplaces." - and that's the tech behind SIGT, as I was answered here - "designed to be easily integrated". So it should be integrated easily. Not more than 2 weeks I guess, or a month maybe. Actually, the windows QT wallet is the same as most of other wallets I've seen so far - same interface, same RTC, etc, etc - they're all copycats.
And based on the level of questions people ask and answers in this thread - I see that there are 30% of bots, shouting "buy SIGT it's the future of donald trump would bought!", then 30% of Witnesses Of The SIGT sect who should "it's the future tech! can't you read? it says - easily integrated, yupi! no other coin has that!". 30% of investors who bought in and don't know how to exchange to BTC to withdraw their money from (not worth to mention) craptopia. And 5-10% of real users, who are sometimes questioning themselves - "what the hell am I doing in this circus?..."
So I'm not worrying anymore. It's a perfectly normal example of discussion here, as I understood.
They also list the estimated block time as two minutes in the announcement and white paper, but it has been averaging at 63 seconds for the last 80000 blocks. Just saying it doesn't make it true.
Still, it has a better return than nearly every lotto ticket I have ever bought and you never know this might be the one. That is worth 10 more days of mining and circus.
Re: [ANN] Signatum - New Algorithm - Fair Launch - No Premine - Cryptopia
Quote from: ItaCraft
Ita is me, the main dev has said on the internal chat, when i get in home i will send here 
Lol, sorry then
No problem mate
http://i.imgur.com/1loG744.png
It should be fairly simple to define and communicate what that weight is on something like the Website or White Paper. I'm assuming it is just a specific percentage of the total network stake.
It had to be committed to code a few weeks ago, but I am obviously not a good enough programmer to find it.
Should they add updating / correcting the white paper to the road map?
Re: [ANN] Signatum - New Algorithm - Fair Launch - No Premine - Cryptopia
I flipped the nSubsidy calculation around and for 5% return it would be 365.24242424242424242424242424224 payments, so daily payments considering leap year. This would be the second functional error I have found in the white paper.
So 43516 Sig used to create 4320000 addresses with 0.00007305 Sig each could flood the chain with interest transactions?
So 43516 Sig used to create 4320000 addresses with 0.00007305 Sig each could flood the chain with interest transactions?
Try to reach devs or something. I am also curious about this.
I'm also interested to know more technical calculation about this piece of code, as many other coin also apply same code on it.
I Actually contacted the signatumd (Main dev) and i got this awnser:
You CANT flood the network, there is a minimal ammount of SIGT that the address needs to be able to stake, and the minimal ammount depends from how much SIGT's are staking on the network, i am actually trying to find the formula for minimal ammount on the code but im not a programmer so...
Not from main dev, I guess you've never contacted one of them.
https://i.imgur.com/lMkjBxP.jpg
Quote from: DADIBLAND
blahh blah blah
then leave the thread and let adults talk about serious thingsIta is me, the main dev has said on the internal chat, when i get in home i will send here
If the Devs are truly trying to build a community to support this Coin they should probably communicate information out publicly somewhere that people can find it easily. Their own forum would probably be the best choice, but counting on discord or even this forum just creates an unmanageable mess.
I found the rate limiter for free transactions but it looks like in some cases the proof of stake reward pays the mining fee so they might not be free transactions.
Rate Limiter
https://github.com/signatumd/source/blob/0ab61eb9a5dd74d6f43bae3d6883c64e2eb21023/src/main.cpp#L700
Proof of Stake Reward
https://github.com/signatumd/source/blob/0ab61eb9a5dd74d6f43bae3d6883c64e2eb21023/src/main.cpp#L1018
Re: [ANN] Signatum - New Algorithm - Fair Launch - No Premine - Cryptopia
Would it be possible for someone with 2116 Sig to kill the block chain when it gets to proof of stake?
This is not my area of expertise, but if my numbers are within 4-5 orders of magnitude this is a critical issue.
if interest is paid hourly, as has been stated, it must be recorded on the block chain.
Not sure interest will be paid hourly, where did you read that ?This is not my area of expertise, but if my numbers are within 4-5 orders of magnitude this is a critical issue.
if interest is paid hourly, as has been stated, it must be recorded on the block chain.
A 5 minute payout would be 0.0000004756 so 0.02102608 Sig per wallet, but you would only need 15,000. 15,000 * 0.02102608 + 150 = 465.3912
Main.cpp sets
Code:
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8)
From what I can tell it simplifies to "nCoinAge * 13689" All the math is e-8, but if nCoinAge is the mature coins and it runs every 5 minutes then this is a 1400% return.
Hopefully I am wrong.
Edit: Fixed exponential.
I flipped the nSubsidy calculation around and for 5% return it would be 365.24242424242424242424242424224 payments, so daily payments considering leap year. This would be the second functional error I have found in the white paper.
So 43516 Sig used to create 4320000 addresses with 0.00007305 Sig each could flood the chain with interest transactions?
Re: [ANN] Signatum - New Algorithm - Fair Launch - No Premine - Cryptopia
Would it be possible for someone with 2116 Sig to kill the block chain when it gets to proof of stake?
This is not my area of expertise, but if my numbers are within 4-5 orders of magnitude this is a critical issue.
if interest is paid hourly, as has been stated, it must be recorded on the block chain.
Not sure interest will be paid hourly, where did you read that ?This is not my area of expertise, but if my numbers are within 4-5 orders of magnitude this is a critical issue.
if interest is paid hourly, as has been stated, it must be recorded on the block chain.
I believe I read it somewhere on here. Page 10 of the white paper actually says it is paid every 5 minutes.
A 5 minute payout would be 0.0000004756 so 0.02102608 Sig per wallet, but you would only need 15,000. 15,000 * 0.02102608 + 150 = 465.3912
Main.cpp sets
Code:
nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8)
From what I can tell it simplifies to "nCoinAge * 13689" All the math is e-8, but if nCoinAge is the mature coins and it runs every 5 minutes then this is a 1400% return.
Hopefully I am wrong.
Edit: Fixed exponential.
Re: [ANN] Signatum - New Algorithm - Fair Launch - No Premine - Cryptopia
Would it be possible for someone with 2116 Sig to kill the block chain when it gets to proof of stake?
This is not my area of expertise, but if my numbers are within 4-5 orders of magnitude this is a critical issue.
if interest is paid hourly, as has been stated, it must be recorded on the block chain.
If I am reading the main.h correctly then the maximum space for transactions is 100000 bytes per block.
From Bitcoin an outgoing transaction is about 34 bytes. I am assuming Signatum is similar.
So a max of roughly 3,000 transactions per minute or 180,000 per hour
5% interest compounded hourly is 0.00000570
In order to collect the minimum amount of 0.00000001 hourly an account needs to stake 0.00175439 Sig.
Minimum Stat required to create 180000 interest bearing accounts.
2116 = 315.7902 transfered + 1800 (Tx Fees)
Since it looks like a single wallet can stake multiple accounts wouldn't this be a trivial script and $200 to kill the chain with interest transactions?
This is not my area of expertise, but if my numbers are within 4-5 orders of magnitude this is a critical issue.
if interest is paid hourly, as has been stated, it must be recorded on the block chain.
If I am reading the main.h correctly then the maximum space for transactions is 100000 bytes per block.
From Bitcoin an outgoing transaction is about 34 bytes. I am assuming Signatum is similar.
So a max of roughly 3,000 transactions per minute or 180,000 per hour
5% interest compounded hourly is 0.00000570
In order to collect the minimum amount of 0.00000001 hourly an account needs to stake 0.00175439 Sig.
Minimum Stat required to create 180000 interest bearing accounts.
2116 = 315.7902 transfered + 1800 (Tx Fees)
Since it looks like a single wallet can stake multiple accounts wouldn't this be a trivial script and $200 to kill the chain with interest transactions?