I think it is better not to send your coins to the wallet stored on VPS but instead keep them in your local wallet and generate mnsecert from it.

Hey Mr. Spread

This doesnt work at all. If the private key is unknown it you can't start the masternode from remote.

Quote from: Mr. Spread on January 29, 2015, 10:04:44 pm

I think it is better not to send your coins to the wallet stored on VPS but instead keep them in your local wallet and generate mnsecert from it.

Hey Mr. Spread

This doesnt work at all. If the private key is unknown it you can't start the masternode from remote.

Not sure what you men by it. I started the MN from my VPS with an empty wallet, using the "mnsecret" generated on my home machine. No need for the PK.

Say I have a power outage while at work.

When I get back home and reboot will MN have went off line and now I have to buy back in higher or when I click the box it resumes it's spot if it was higher than the last MN.

Hope that makes sense.

If your MN box goes offline (power outage, ISP down, Windows crash, etc.) then yes your MNs will drop off the network and not get paid until you have started them again and they have been re-elected (at the bottom of the payment queue) - another reason to pay a small amount each month for a VPS, in a datacentre with a better connection and a UPS.

You will have to buy back in higher regardless if the minimum amount exceeds your MN collateral, which will also cost you hours of missed payments.

Quote from: Strumpet! on January 30, 2015, 01:24:03 pm

...which will also cost you hours of missed payments.

yes, but how many hours, this is the question.

I'd like to know how long the election time (from MN start to MN election) has taken other guys on average?
I run 5 MN in the same wallet, and the first took 3 hours ET, the others a little longer maybe 3.5 hours ETH.

This was on a fast PC with fast Internet connection (250M down/15 up) , but not a server.

I guess on a server you will see much faster election times, right?

Anybody wanna share their ET?

I think it may have more to do with how many other MNs are on the network? But yes, at the moment seems like it takes about 3-4 hours to get elected plus however long it takes to get to the top of the payment queue. With 1440 MNs you're looking at at least a day of missing payments if you're outbid or your MN box goes down for whatever reason.

And that's assuming nobody else comes along and outbids you again during that time. 

Hopefully the next test build will have a lower mimimum number of MNs for payment to start, and a lower maximum number of MNs, so we can see how the pricing dynamics play out.

edit: if there's a battlegound of churning MNs at the bottom of the 'spread' it might create problems ever achieving the minimum number for payments to start... so I'd advise something like a 50 minimum and 350 maximum for the next test build. Should be brutal. 

Hopefully the next test build will have a lower mimimum number of MNs for payment to start, and a lower maximum number of MNs, so we can see how the pricing dynamics play out.

edit: if there's a battlegound of churning MNs at the bottom of the 'spread' it might create problems ever achieving the minimum number for payments to start... so I'd advise something like a 50 minimum and 350 maximum for the next test build. Should be brutal. 

I'd love to see a lower MN requirement, not just for testing.

It seems that there appears to be a recurring theme, of using numbers for spreadcoin specifics which are based on time values.
Like 1 day has 1440 minutes, so max amount of MN is also 1440.
Maturing of mined coins and masternode payments: 120 blocks = 2 hours.

What doesn't yet fit right into this is the 50 confirmations for MN start (it should rather be 60 confirmations, or a whole hour).
And 100 SPR as requirement. Why not make it 60 SPR?

Have every number be a multiple of minutes or hours or days. Just an idea! 

Hello folks, nice to see you all on this forum, too.

I would like to participate on testing, too.

Could you please send some testcoins to
moMUMW16vG29UToLoncdjCuueCuxj4vFSE

Thank you.

Regards,
Andy

Sent

Awesome. I just tested it, and now after 1 min it says:
1 of 6 confirmations, and 13 of 7 masternode confirmations.

 

Edit: after 2 min it says
2 of 6 confirmations, but still 13 of 7 masternode confirmations.

me too. Someone let the folks on bitcointalk know.

mrcashking, let's test this with tSPR and sending to someone else , not just yourself.

This is my address:

mod5JG25QM7nqHRoMB5Xz8sqSx7Csr452b

Please send me some. (nothing large)

Give me your address, so I can send you some too.

Don't forget to add a txfee of atleast 0.01 SPR