Topic: [ANN] 42-coin Development Discussion Thread - page 36. (Read 105251 times)

I am diligently analysing DEXes*, vezpit; and I know Laser is also paying attention to DEXes. My thought is: those who can must go hard at Nova, to put volume on the 42-BTC and 42-ETH pairs. (Don't like our chances much on the other pairs.)

Then we need to get a DEX listing, which will help our U.S.-based community members -- https://chainz.cryptoid.info/42/# (Go to 'network'; then 'geo-location.')

And in the middle of all this, we gotta trial and find use for our android wallet.

Don't forget: a buy-sell split of 3.6-3.8 is over five percent, which is just fine. If you are trading, why not go for lots of little trades? It all adds up.




*PM me for the link

"3. We will no longer be able to accept customers with citizenship and/or residence in the United States."

Guess that is one way to leave some dominate exchanges in the US.  It seems the Gov. & IRS don't want outside exchanges.  Same applies to many coins unless you are a registered investor.  Wonder if this contravenes WTO rules.

'2018-05-11 14:49 - A message from the new owners
Dear customer, we'd like to take this time to thank you for your patience. Switching ownership, and handing over the daily operations, of a crypto exchange is a lot of work and there is not many with experience from it, out there. We’re working around the clock to get everything in order.

We have some news:

1. We are setting up proper KYC (Know Your Customer) and AML (Anti-Money Laundering) routines on Nova Exchange. For the unidentified account holder there will be a limit for withdrawal of 500 US dollars per day and customer.
If you need to withdraw more than 500 dollars at once this is perfectly possible, all you need to do is to provide us with some information and identify yourself with YOTI (download app here). You will find these settings under “Account” and “Contact & Verification level settings”.

We realise that this is an inconvenience, of course we do, but this is a necessary step to keep Nova in business, and growing!

2. Dice & Scratch functions are discontinued and shut down. We're sorry but us the new owners would need a gambling license to keep those features going. We might be forced to shut down completely if we did. We’re very sorry about this.

3. We will no longer be able to accept customers with citizenship and/or residence in the United States.

4. We will be accepting deposits real soon now. It is a matter of weeks.'

https://www.novaexchange.com/news/

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MINING 42-COIN WITH SCRYPT ALGO :

• Stratum  : lycheebit.com:3433 (fully NiceHash compatible & optimized)
• User     : YOUR_42_ADDRESS
• Password : c=42

LYCHEEBIT INFO :

• Website  : https://www.lycheebit.com/
• Payout   : Every hour
• Fee      : 1.00 %

MINING SOFTWARE :

• GPU Nvidia ccminer : https://github.com/tpruvot/ccminer/releases
• GPU AMD sgminer    : https://github.com/nicehash/sgminer/releases
• Warning : GPU mining works, but scrypt algo is much more efficient with ASICS.

EXAMPLES OF COMMAND LINE :

• Nvidia   : ccminer.exe -a scrypt -o stratum+tcp://lycheebit.com:3433 -u 4JXMZZGCD8NFhGcGYtyCwc9aJY9N9E7gRE -p c=42
• AMD      : sgminer.exe -k scrypt -o stratum+tcp://lycheebit.com:3433 -u 4JXMZZGCD8NFhGcGYtyCwc9aJY9N9E7gRE -p c=42

PEERS LIST :

• addnode=167.160.36.187:4242
• addnode=173.212.202.33:4242
• addnode=94.23.211.210:4242
• addnode=47.146.135.163:4242
• addnode=188.165.218.169:4242
• addnode=93.115.61.74:4242
• addnode=79.137.57.54:4242
• addnode=94.45.144.124:4242
• addnode=46.105.63.132:4242
• addnode=77.52.107.108:4242
• addnode=71.84.23.132:4242
• addnode=148.251.182.199:4242
• addnode=37.55.5.124:4242
• addnode=40.112.208.24:4242

I recently ditched my Facebook.

And our trust-alliance of long-timer crypto geeks has an encrypted 'bunker' (on Telegram), and we are set up to communicate PGP if necessary.

Anyone could download Cambridge researchers' 4-million-user Facebook dataset for years
https://news360.com/article/454088517
 

People are leaving Facebook and still some wonder why.  Take a look at the article & your questions will be answered.  Also, note to get rid of Facebook requires more that just delete.  Check it out.

Amazing that this project is being developed so actively. And a staking Android wallet, very cool

Small fix. Please, redownload.

Meanwhile, the staking Android wallet is available for download and test. It is a full wallet version, best fits on large screens.

Poetic is okay. Poetic is good.

I got pulled into the Theory of Money thing back in 2013, when a global shouting-match was going on: 'Is Bitcoin money?' And a pivotal part of this -- cryptos versus fiat currencies -- was the fact of inflation. Cryptos are/were thought of as non-inflationary; but actually, a lot of them aren't!!

Since then, an ever-changing form of this argument has continued; but for my money? for the mid-and-long-term? what Laser has launched here is one of the best-crafted crypto instruments I've seen; and all things being equal -- we have lots of work ahead of us -- Forty Two will drift slowly up in price.

Promising project! Way to go! Good luck

Guess it is a bit like an old rare coin or painting, except non-physical.  Maybe consider it a 'zephyr' as one can-not hold it or put on a wall or a in a jar.  O'my getting poetic, bit sad wot.

Whoo! I really like this area of discussion. And we might get Laser to teach us some technical stuff. But the short answer, vez, is that such an 'audit' would be, for a range of reasons, difficult and likely ineffective.

And 20% missing? quite likely. Doesn't worry me one bit! There's a bunch of theory here that I would like to see publicly discussed, but IMHO, right this minute:

Laser has crafted a unique instrument.

It is a 'seedling' requiring love and care, to get its roots deep.

The future of 42 lies 'outside,' in the real world, where the market for non-inflationary money (or 'commodity') is steadily growing.

IndiaMikeZulu

42, often, when I viewed in the past looked a bit esoteric. Have been mining it now & caught the bug.  It would be worth an audit of the block-chain to see if some estimate of how many coins are actually left.  Dare say 10-20% are gone already.

A great article! 6 Rules For Investing in Tokens in May 2018 https://albertmurphy.com/6-rules-bubble/

Hey ya, vezpit!

Us long-time rare-crypto fans have discussed this one at length (and we gotta discuss a related issue: more units of crypto currencies are lost than most folks assume).

Anyway, if you really actually began running out of units, you'd just add a couple of decimal points. Then you'd re-code the wallets . . . and you're back in business for another five hundred years!

Thanks Lasergun.  Surprising how many **getmininginfo** variation  there are.  Looked in there & saw stakinginterest 0, was not sure if this was the indicator I needed.  The search-interval=0 did not mean anything to me.
All good now.  Many thanks.

Do you want to stake with the daemon but you don't know how to check whether the stake miner is active or not?

If the daemon is respond to your commands, then it works.
If you start the daemon but forget to unlock it for staking, the search-interval in 'getmininginfo' will be zero (otherwise: 1).


- works until the first wallet lock.

Interesting point about the 'deflation aspect' as eventually if the coin lasts long enough, it could in theory, disappear or at least down to the last transaction of 0.00000001.

Morning, Bounty!

Let's return to the issue of distribution -- it's seen as much less a concern than it was a few years ago. Note that the largest wallet has seen no movement in well over a year.

So, 'just 42 coins'? Well, yes and no: IMHO, it's a theme, a marketing perspective. Each 42-coin is as divisible as any other crypto. That is, we have an elegant sufficiency of units in the currency. For me, the real 'rareness' is the deflationary aspect.