Topic: [ANN] 42-coin Development Discussion Thread - page 17. (Read 105292 times)

42 in The Time of Inflation


Suppose:

one-time lockdown with one-time (mega-massive) stimulus. Okay. But what if that doesn't contain the virus, and you have a 'slow burn' that results in subsequent lockdowns?

Well then, you must have subsequent rounds of stimulus.

Then what if you get just sort of stuck between economic recovery (sparked by the stimulus) and slow-burn-necessitating-semi-lockdowns-and-border-closures?

Well then, you must have subsequent rounds of stimulus.

In this case, by Christmas this year, the entire global economy could be running on Gubmint cheques.



'Lockdown eased in Hubei province despite doubling of new coronavirus cases in China'

https://www.france24.com/en/20200325-province-at-epicentre-of-coronavirus-outbreak-lifts-restrictions-as-china-reports-no-new-virus-cases

Tee hee -- have a look at the '6M' chart:

https://www.marketwatch.com/investing/index/djia

[We are focussed here, not on the human aspect, but on how the economic fallout, particularly money-printing of unprecedented amounts, will ultimately impact (deflationary) cryptos.]

42 in The Time of Inflation


'France has so far taken the boldest approach, promising that no company will be allowed to fail as a consequence of the disease that has prompted businesses large and small to suspend operations. The government will guarantee hundreds of billions worth of loans, delay tax payments and suspend rent and utility bills for smaller firms. And the French state is ready to go further, nationalizing industries if necessary.'

https://edition.cnn.com/2020/03/17/business/coronavirus-economic-response-europe-france/index.html

You only hear a statement like this once in a life time.

42 in The Time of Inflation. A cool-headed blog about inflationary monetary policies (caused by . . . whatchamacallit . . . the thing).


https://money.cnn.com/data/world_markets/asia/  One US stock exchange at 11.98% down. Wow


' . . . he will propose a provision that would give every U.S. adult a $1,000 check . . . '
 https://www.clickondetroit.com/news/2020/03/16/mitt-romney-send-1000-checks-to-each-american-adult-amid-coronavirus/

Thanks for sharing this blog post, was an interesting read on boring morning. 

'Globalization and Imperial Pretensions have been decaying for years; now the tide has turned definitively against them. The Covid-19 pandemic didn't cause the demise of globalization and Imperial Pretensions; it merely pushed the rickety structures over the edge.'

http://charleshughsmith.blogspot.com/2020/03/goodbye-to-all-that-demise-of.html

Important point! The virus is just the catalyst for what was bound to come.

\0/

Another one pool + explorer for 42-coin: http://doipool.com/

https://money.cnn.com/data/world_markets/asia/ — I recommend these guys because they are so conservative: it takes a great for them to set their hair on fire. But this week? Well, even by their standards, $US9 Trillion in stock-market losses is a lot

\0/

I can't resist interjecting, have a look here: https://www.instructables.com/id/Solar-Powered-Raspberry-Pi/

I'm doing basically same thing at moment (same solar cell setup, but with rockchip board instead of raspi). Results have been good running UNO node on it, and powering old gridseeds to mine BOB. Still trying to cobble the sdr radio functions together, but for simply broadcasting a qr to buddy via sw works. I'm sure if you experimented with such a setup for *your* use case, it would yield at least data for scaling up if need be.

\0/

And My Project is to run 42-coin miners with (provably) renewable electricity.

Had a great chat with RICH about an exchange that would only have pairs of energy-efficient coins.

Hybrid systems are always more secure and decentralized than pure PoS or PoW. This is especially actual for 42, because there is no block reward, only transaction fees for PoW miners. Unlike PoW miners, PoS miners destroy transaction fees - create deflation and make the remaining coins more rare and valuable.

Can you please explain to me the reason for using both PoW and PoS as consensus algorithm in your project? If you are using PoS then there is no reason for PoW, can you clarify me, please?

Hi. All these transactions have reached their destination. These coins can't be swapped for new ones, because they were mined after block #1990382 (84 coins in the old chain).

Can anyone help me recover this 42-coin mess

Here are the following transactions from Dutch-Mining to my wallets  I never recieved the coin and it was just around the time of the 42-old vs. 42-new confusion.

Looks like I have coin stuck some where on this blockchain.  Here is a list of transactions:

Here is a overview of your transactions including TXid’s

 

281141

404

Debit_AP

4THvZQXjLfhkF3zWNtzi1cbSdKzeo1b8Sh

0.040010210000000000000000000000

2017-01-24 06:24:40

c118f3e4e1d11696ae8168f5a44610555843c361a9649ee723ad0bdb545d7d87

274914

404

Debit_MP

4THvZQXjLfhkF3zWNtzi1cbSdKzeo1b8Sh

0.011593800000000000000000000000

2017-01-23 07:39:38

9842725d320550f78a4a7e7443ce622bb9f73e9fd5d5282bc134aefefd2ead14

271017

404

Debit_MP

4THvZQXjLfhkF3zWNtzi1cbSdKzeo1b8Sh

0.010514440000000000000000000000

2017-01-23 01:15:34

0e9ebfa7a810b962c96c0c6b4aa11d01ff606abe2cf9c1cf7fddae806fb91277

267710

404

Debit_MP

4THvZQXjLfhkF3zWNtzi1cbSdKzeo1b8Sh

0.012370980000000000000000000000

2017-01-22 18:24:36

8562010b5a88f971cd2c0d76e07a90d5840fcdbdc3e5c6ad362868c04dceaf2e

265055

404

Debit_MP

4FL3PBNqkELyMnuozP7FH42uF18CXrqunu

0.009253530000000000000000000000

2017-01-22 12:27:33

74a96660dbc60937d346ce1e02ccd5f90cd3170715645fba7300629588c64461

262182

404

Debit_MP

4THvZQXjLfhkF3zWNtzi1cbSdKzeo1b8Sh

0.026499860000000000000000000000

2017-01-22 05:51:34

5563013d0c26ea3d76b601c4fe329903ca247f123fdb01cbe368795034562a87

248420

404

Debit_MP

4FL3PBNqkELyMnuozP7FH42uF18CXrqunu

0.020000000000000000000000000000

2017-01-20 11:21:36

953cd425f5c7f9e43ae3cf41a48327f2c97250151ea40a86c73c443a6501df99

248419

404

Debit_MP

4FL3PBNqkELyMnuozP7FH42uF18CXrqunu

0.015000000000000000000000000000

2017-01-20 11:21:36

ef947d9553c37b2543c6c35feb474cac81a9dd5225e472afecaf502c9759bc55

248418

404

Debit_MP

4FL3PBNqkELyMnuozP7FH42uF18CXrqunu

0.015000000000000000000000000000

2017-01-20 11:21:36

b95ecbbcdc38eaebc37686a1d3f2f36f747fd6b297866b8d43495be3e32bb5fc

248401

404

Debit_MP

4FL3PBNqkELyMnuozP7FH42uF18CXrqunu

0.015000000000000000000000000000

2017-01-20 11:21:36

848abd21d932a5e4f1dfeb86ba9b68da9e7cd88b11927d13d51df3f2fa05231d

248400

404

Debit_MP

4FL3PBNqkELyMnuozP7FH42uF18CXrqunu

0.015000000000000000000000000000

2017-01-20 11:21:36

dc36305551d87d523abe8ae4af82ee04e16760f4cf55c4c91ddd1dfe3b2f0177

248399

404

Debit_MP

4FL3PBNqkELyMnuozP7FH42uF18CXrqunu

0.020000000000000000000000000000

2017-01-20 11:21:36

515360f624a2896305c96018f0b769c78d2f70332548bb3ddc9f29e1db4b5b5b

248398

404

Debit_MP

4FL3PBNqkELyMnuozP7FH42uF18CXrqunu

0.030000000000000000000000000000

2017-01-20 11:21:36

b98794cc20abdc9d6b4b229ec94d3e99e1c29e5c1717ba39b26d63aa8cee2d10

248048

404

Debit_MP

4FL3PBNqkELyMnuozP7FH42uF18CXrqunu

0.015000000000000000000000000000

2017-01-20 11:21:36

9e783e2d0638b5cd379904228fcea7a396e94e0b43d52e894df7848d0f24812d

248047

404

Debit_MP

4FL3PBNqkELyMnuozP7FH42uF18CXrqunu

0.015000000000000000000000000000

2017-01-20 11:21:36

158e8d89bbbec1ccd370e9b19df15b522dc00765189fb15b5e9ba3d54c0e48b1

248046

404

Debit_MP

4FL3PBNqkELyMnuozP7FH42uF18CXrqunu

0.015000000000000000000000000000

2017-01-20 11:21:36

9afe6790de67ee31b362a2b26a6fbe7e6b68b15691dabaabad4cdd9221517b56

248045

404

Debit_MP

4FL3PBNqkELyMnuozP7FH42uF18CXrqunu

0.020000000000000000000000000000

2017-01-20 11:21:36

27d1ab8ce3ec2de2ed6d7acd3d1b72d0c1ef1fbf6f6984da4c264e45d22daea1

248044

404

Debit_MP

4FL3PBNqkELyMnuozP7FH42uF18CXrqunu

0.020000000000000000000000000000

2017-01-20 11:21:36

74fa21662ea42ebe8531053a5191b0a72a2217be02c4f2fbf570b00c1452cdd9

248043

404

Debit_MP

4FL3PBNqkELyMnuozP7FH42uF18CXrqunu

0.020000000000000000000000000000

2017-01-20 11:21:36

1e3495458617bf3522c275a29c76209b2c02797f1c0cc5d99feb90006c6f239c

248042

404

Debit_MP

4FL3PBNqkELyMnuozP7FH42uF18CXrqunu

0.030000000000000000000000000000

2017-01-20 11:21:36

e7e0dd344c1cc9238dcc5a949230aefba7c47c192d49e41bd5aacfbee1a58422

248041

404

Debit_MP

4FL3PBNqkELyMnuozP7FH42uF18CXrqunu

0.030000000000000000000000000000

2017-01-20 11:21:36

673b9b57ac8a596ae857c90ab880f7d2ffd491369face45a195914f9a19f98b3

248040

404

Debit_MP

4FL3PBNqkELyMnuozP7FH42uF18CXrqunu

0.010000000000000000000000000000

2017-01-20 11:21:36

08c28360228b6529b389ad23bc2e88c88420f4c02070a450acd31af6479eaf31

248039

404

Debit_MP

4FL3PBNqkELyMnuozP7FH42uF18CXrqunu

0.030000000000000000000000000000

2017-01-20 11:21:36

fdd2d4ac43f7988a196785c98cbec43154907630d40ed9ec0586df9378addc95

207329

404

Debit_MP

4FL3PBNqkELyMnuozP7FH42uF18CXrqunu

0.046753220000000000000000000000

2017-01-20 11:21:36

f6f720fccab2ee3f8d50da4ec4eab3382e133d0bce43f0f5e214ccc390dee8c4


Its quite a bit of coin lost and would like to recover if I could.

Any Suggestions?

Tradesatoshi is closing down

42-Coin Friday (but unpublished . . . )

'the epidemic maybe over [in China] by the end of March'
https://www.aljazeera.com/news/2020/02/cloneofcloneofcloneofcloneof200215224437270-2002-200219231442918.html
Rubbish!!

This is going to be a strange year for cryptos and economies. I have been fairly carefully following the coronavirus drama. So, it’s not going to be like ebola-gone-global, with millions of deaths. It’s becoming clear that the major impact will be economic.

And it seems that looking for direct correlations – like ‘coronavirus = cryptos up' – isn’t helpful. There are just too many variables.
https://cointelegraph.com/news/coronavirus-spreads-and-crypto-rallies-but-not-everything-is-related

Except for one thing:

governments have been pumping bizarre amounts of stimulus into the global economy since the GFC began in late 2008. We are moving past ‘original stimulus,’ and we are moving into ‘eco-stimulus’ as climate-change mitigation strengthens.

But now we have a new stimulus: anti-corona.

And it can only affect 42-coin positively because we are the real deflationary instrument. As crazier and crazier amounts of stimulus hit the system, folks can only begin to lose confidence.

I like the fact that 42 is both 'public' and 'privacy.'

But I popped in to note that 1.97-2.00 buy-sell spread (on Livecoin) is a real achievement. People must be able to buy and sell 42 with a tight spread. Now we gotta increase volume on XBTS and Altmarkets.

Circulating Supply
41.99995287! So is 42  getting more rare?