Site back online

You know you're gonna feel like an ass when it's back up and running later today.

Guys we need to continue our plan of getting listed on exchanges. Cody did for Binance. We should do everything we can to get ICN listed on the other ones. This is the only way to get ICN more known to people and being used. Also it will overcome the issue of central price manipulation!

Lets all work for that $10 price

Wondering how much of that is just due to my searching for the rules of staking... - several 100 hits a day certainly...


There are still quite a few people who feel that staking is slowing down to much... but it's not remarkable for everyone to the same extend... (see below).


Well - let's summarize what I got from digging so much with the explorer...

There are by far not all adresses staking...

From the top 8 on the Richlist:

#1, #5 and #7 aren't staking at all (about 22 % of all ECA combined...)
#2 + #4 (combined >10%) are staking permanently - these accounts are already broken down in to many relatively small segments. This has the effect, that although they get many blocks, they are more and more falling back - they get significantly less reward than would be appropriate, because they would need more blocks - OR LARGER INPUTS -. But the BIAS of the system to SLOW DOWN still occasionally splits relatively small inputs (reward them EARLY - so that they have not to big maturity to split) while rewarding much larger inputs LATER - maturity is often >20 days...

#3 - an account with initially rater large blocks (solo mining during bonanza) was offline from July 14th to August 4. On coming online August 4, it started to catch up (large blocks with huge maturity - therefore many extra coins - and only later, those large blocks started to get split - so this account still gets a lot of reward with relatively few blocks, due to still large inputs...

#6, #8 and #16 - of which at least 2 - if not all 3 - are likely to be controlled by the dev - started out with inputs of XXL or XXXL size. While they stake regularly, the lag behind far less than #2 and #4 - because they have still - on average - much larger inputs - which reach lower maturity before staking - and than usually still split... (So those accounts suffer less from the slowing down due excess splitting - yet) So - if im correct about those (at least partly) - being the accounts of the dev - he would feel this less - at least at the moment...

Generally, the network weight is still climbing significantly, a clear sign that the lag is increasing, making it more an more difficult to get a fair reward.

(I haven't been a able to trace the staking FORMULA, although I tried to find it in the source code... - so im doing guessing from observation only...)

And to "Kiddo" - re-arranging the inputs BEFORE they stake probably (except with very small inputs) doesn't help much - it just resets the counter to zero...

Holy shit, this is HUGE! It's $15M right?

Everyone,

Considering that Stratis is also in CryptoBE, Electra getting the most views there is quite an achievement. I am aware there are concerns that I am posting less frequently. As Electra is working properly at the moment there is less need to do so. Also, note that I am only able to fully work on the project during weekends but despite this have achieved all of Electra's short-term goals. The immediate goal is still the same: get into an exchange where Electra can be bought and sold with fiat currency. I am in contact with a person who has successfully listed his own altcoin into Chinese exchanges who I believe can help speed up this process. Stay patient, I am fully determined to achieve this goal.

Hi Electra and Bumbacoin, got the latest wallet running on win7 machine, and it seems to have stopped syncing @ 40 blocks remaining? What do I need to do? I'd like to start staking too

thanks,
Rick

Novaexchange has re-activated the Electra-Dogecoin market:

https://novaexchange.com/market/DOGE_ECA/

https://novaexchange.com/news/

i guess they'll be fixing it at some point. lol

I'll ask them. It was there a few hours ago and volume was at one point highest out of all their Dogecoin markets.