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Topic: [ANN] - Coppercoin - [COPPER] - Hybrid Cryptocoin PoW + PoS - page 6. (Read 27767 times)

jr. member
Activity: 95
Merit: 1
A few things have been accomplished in the last hour:

  • coppercoin.tech & coppercoin.online have been paid for.  Unfortunately, most of all of the regular domains have already been taken for coppercoin
  • We have a new Discord server at:   https://discord.gg/zQyDaHz

I won't be on Discord 24/7, but during my waking hours, I will try to be around.  Don't be disappointed in the beginning, I'm the only one there, so the next person will be #2, and so on.  We'll have a bunch before long.

I haven't created or run a Discord server before, so if you have experience and want to help, let me know.
jr. member
Activity: 95
Merit: 1
Well, no contact with the original dev yet.  I suspected this might be the case, but we'll wait a couple more weeks to be sure that there's no interest there.

In the meantime, here's a few things that I will do:

  • Create a Discord channel called Coppercoin Working Group - that's what it will be, for discussion on the next steps for Coppercoin and resolving the present problems
  • Procure a few domain names that will be used in the near future for the new Coppercoin site & for official email
  • Create a Twitter account for announcements & marketing, etc

This won't be a one-man show and we will come up with solutions based on community consensus.  There's a lot to discuss and decide on, and we'll need everyone's help.  I realize that everyone isn't a developer, web guru or pool operator.  We need those, but enthusiasts and those with Coppercoin's best interests in mind are welcome and come prepared to make a difference.

As far as Discord, we will have a general chat channel, mining and such.  Later down the road, we might have some giveaways, but I'm not planning on doing a bunch of airdrops or such, but that's up to the community if that's desired.  Getting, the POS working is the first priority, since it's never worked.

BTW, Coppercoin is still a bargain on Cryptopia.  Someone sold off quite a bit the other day.  Sad to say they will miss out on staking, but everyone has different ideas and priorities.

jr. member
Activity: 95
Merit: 1
Hello Coppercoin enthusiasts!

I just sent this email to the only contact information that exists for the Coppercoin dev team with an intention to take over Coppercoin development efforts, promotion & more exchanges & such.  I definitely want to solicit your help and assistance where your strengths are.  I have a dev team that is ready to assist in bringing the Coppercoin wallets, POS staking & associated code up-to-date and get the staking working properly.  I'll be creating a Discord channel for community involvement. 

If I'm going about this the wrong way, please let me know.

BTW, there has been a ton of activity on Cryptopia for Coppercoin in the last 24 hours, last time I looked, over $117K in volume!

Email I sent:

"Hi!

I see that Coppercoin has not been developed or any communication from the devs who did so much work last year in over 6 months.  I am stating my intention to take over Coppercoin development along with a dev team and community involvement.

Please let me know if you still want to be involved or if you have a problem with this intention.  All we want is active work on the coin, wallet, POS & subsystems.

Thanks for your time!

Sherman"
jr. member
Activity: 95
Merit: 1
What can we do to do a takeover as a community and develop this coin?  First thing is get the POS fixed, that will create a lot of value in the coin.  I'd be happy to help where I can.

Still mining coppercoin on the Nerdlabs pool.
jr. member
Activity: 95
Merit: 1
I'm mining coppercoin on Nerdlabs pool:  http://167.99.11.100/stats - I'm just getting into mining of coppercoin, don't have any just yet, but it looks like it certainly needs a dev team.

I'll help out where I can, I'm not a dev, but I can do servers, domains and infrastructure stuff.
member
Activity: 223
Merit: 12
Can someone from the community take over the development of the coin?

I like mining this one ... i cant tell if things are going as planned or if the devs bounced . getting it fixed is no biggie the issues is having a team to tend to it .
its not a little thing to be responsible for a community.... do we have a way to find out what the deal is .
maybe a email someone can make with a 30 day on it we can send to every place the dev team left contact info

maybe this is the intention for things to be as they are 

Their intentions aren't known because they've communicated nothing. I think it was a hobby or project for the devs, and they appear to have moved on. I'm not a dev or programmer, so I'm not sure what's involved in taking over... but I'd love to help do so if there was a way. I hold a very large number of these coins and could help finance some parts.
sr. member
Activity: 532
Merit: 251
Can someone from the community take over the development of the coin?

I like mining this one ... i cant tell if things are going as planned or if the devs bounced . getting it fixed is no biggie the issues is having a team to tend to it .
its not a little thing to be responsible for a community.... do we have a way to find out what the deal is .
maybe a email someone can make with a 30 day on it we can send to every place the dev team left contact info

maybe this is the intention for things to be as they are 
sr. member
Activity: 532
Merit: 251
Hello All,

ommited


So, there is your solution. But the devs are afk. So this coin will likely fall flat on it's face in a few months when those blocks start churning out 0's.

staking weight shows true ... max money is knon not to work .

it may be a simple as the grammar used in the main.cpp also and i only took a quick look

 im not finding proper linking to the end of pow .

too bad  its scyypt and pos and not stupid inflated . there was a commit about 9 months ago.
im getting decent mining at the home pool it was abandoned also.
attempts to set up my own pool in the past also yielded zero blocks ..

the real question is are the devs around . will it indeed start staking at block 1 million if max money is bs .
if the devs are really gone as in dont give a shit we should get a group going and fix it so at least pos does indeed start working at block 1 million ...
 this thing dont move fast though thats still like 18 months out.
if that the intention then cool ....if they are mia and never to return ....it would be nice to get the 3%

newbie
Activity: 214
Merit: 0

LuckyAltcoin.com Pool

Coppercoin mining is still available on LuckyAltcoin.com. Please use our COPPER dedicated port of 3439. It definitely still has a chance with it being listed on cryptopia already.

Code:
-o stratum+tcp://pool.luckyaltcoin.com:3439 -u -p c=COPPER

NODES

hero member
Activity: 1257
Merit: 501
Can someone from the community take over the development of the coin?
member
Activity: 223
Merit: 12
I asked above, but will again... what would it take to effect a takeover here? What’s involved?

I like this coin. I have a lot of it. Would love to create some community here, and if the lead dev is MIA what can we do without him?

Thoughts?
legendary
Activity: 1612
Merit: 1608
精神分析的爸
Hello All,

Not that any of you know who I am or care, however I have dire news for anyone even remotely invested in this coin. 

Short story is they did a botch job with the code for this coin. I, like others, were expecting the reward to halve at some point. So I looked around to see when that might occur.
Result: It won't ever halve.  200 coins is hardcoded PoW reward forever, well not forever, PoS will pick up at block 1,000,000. but by then, Max supply will have been hit.

Do some simple math and realize that 1,000,000 * 200 = 200 mil  which is far in excess of the stated 84mil max coin cap.

Working backwards you find:
84,000,000 / 200 = 420,000
 
This means we run out of rewards (PoW&PoS) on block 420,000 with no intervention.
current block : ~289,000

Please correct me if i'm wrong. but in a few months we will be mining empty PoW blocks. And PoS will have a 0% a year return, since we will hit max supply long before the millionth block.

Github open source code: https://github.com/coppercoinet/Coppercoin

open /src/main.h

There you will see the max coin supply:
(line 50)  static const int64_t MAX_MONEY = 84000000 * COIN;

And in /src/main.cpp
(Line 1000 -> 1009)
// miner's coin base reward
int64_t GetProofOfWorkReward(int64_t nFees)
{
    int64_t nSubsidy = 200 * COIN;

    if (fDebug && GetBoolArg("-printcreation"))
        printf("GetProofOfWorkReward() : create=%s nSubsidy=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nSubsidy);

    return nSubsidy + nFees;
}


Now, we could fix this. But I cannot edit this fork.


Solution (as proposed by me, so feel free to chime in)

Start havling the coin ASAP. so we don't max out half way through the initial PoW phase.
Do this by setting up a variable to track how often we halve, then add the logic into the function which sets mining rewards.

In Main.H
Add a static variable to keep track of our halving.
static const int REWARD_HALVE = 800000;   //80,000 POW reward halves every 80k blocks



In Main.CPP
(Replace the function defined above line 1000->1009 with this)
// miner's coin base reward
int64_t GetProofOfWorkReward(int64_t nFees)
{
    int64_t nSubsidy = 200 * COIN;
 
    int halvings = (nHeight - 220000) / REWARD_HALVE;   //(-220,000) to account for current block height. since this is a botch job)
 
    // Force block reward to zero when right shift is undefined.
    if (halvings >= 64)
        return nFees;

 
    // Subsidy is cut in half every 80,000 blocks which will occur approximately every 1.8 months.
    nSubsidy >>= halvings;
       
    if (fDebug && GetBoolArg("-printcreation"))
        printf("GetProofOfWorkReward() : create=%s nSubsidy=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nSubsidy);
 
    return nSubsidy + nFees;
}


This will cause the mining reward to halve at the 300kth block. meaning instead of 200 copper you will start earning 100 copper per block.

Then it'll halve to 50 per block in another 80k blocks.

This means the remaining PoW phase will look like this:

POW reward      Block        Max coins that reward
200               300000           60000000
50                  80000             4000000
100                80000             8000000
25                  80000             2000000
12.5               80000             1000000
6.25               80000               500000
3.125             80000               250000
1.5625            80000               125000
0.78125          80000                 62500
0.390625        80000                 31250
                1,020,000         75,968,750 coins (well slightly less but oh well)


This will leave the PoS at 3% for close to 4 years.

POS
Year 1   78,247,812.50
Year 2   80,595,246.88
Year 3   83,013,104.28
Year 4   85,503,497.41 //Hit max somewhere before the end of year 4. From then on only transaction fees as reward for PoS mining.



So, there is your solution. But the devs are afk. So this coin will likely fall flat on it's face in a few months when those blocks start churning out 0's.

While I agree with you that the coin is heavily broken in many aspects, I would like to point out that you probably misinterpret how the int64_t MAX_MONEY = setting is working. Check it by grepping the sources for MAX_MONEY and you will see where it is used.

AFAICS MAX_MONEY does not limit the supply in any way, but does actually just limit what the largest sendable amount on the network can be. The supply limit is only enforced through the reward function you quoted and therefor currently there is no limit at all IMHO.

That is, reward will be 200 until eternity.

jr. member
Activity: 336
Merit: 2
ECOSTART
Hello All,

Not that any of you know who I am or care, however I have dire news for anyone even remotely invested in this coin. 

Short story is they did a botch job with the code for this coin. I, like others, were expecting the reward to halve at some point. So I looked around to see when that might occur.
Result: It won't ever halve.  200 coins is hardcoded PoW reward forever, well not forever, PoS will pick up at block 1,000,000. but by then, Max supply will have been hit.

Do some simple math and realize that 1,000,000 * 200 = 200 mil  which is far in excess of the stated 84mil max coin cap.

Working backwards you find:
84,000,000 / 200 = 420,000
 
This means we run out of rewards (PoW&PoS) on block 420,000 with no intervention.
current block : ~289,000

Please correct me if i'm wrong. but in a few months we will be mining empty PoW blocks. And PoS will have a 0% a year return, since we will hit max supply long before the millionth block.

Github open source code: https://github.com/coppercoinet/Coppercoin

open /src/main.h

There you will see the max coin supply:
(line 50)  static const int64_t MAX_MONEY = 84000000 * COIN;

And in /src/main.cpp
(Line 1000 -> 1009)
// miner's coin base reward
int64_t GetProofOfWorkReward(int64_t nFees)
{
    int64_t nSubsidy = 200 * COIN;

    if (fDebug && GetBoolArg("-printcreation"))
        printf("GetProofOfWorkReward() : create=%s nSubsidy=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nSubsidy);

    return nSubsidy + nFees;
}


Now, we could fix this. But I cannot edit this fork.


Solution (as proposed by me, so feel free to chime in)

Start havling the coin ASAP. so we don't max out half way through the initial PoW phase.
Do this by setting up a variable to track how often we halve, then add the logic into the function which sets mining rewards.

In Main.H
Add a static variable to keep track of our halving.
static const int REWARD_HALVE = 800000;   //80,000 POW reward halves every 80k blocks



In Main.CPP
(Replace the function defined above line 1000->1009 with this)
// miner's coin base reward
int64_t GetProofOfWorkReward(int64_t nFees)
{
    int64_t nSubsidy = 200 * COIN;
 
    int halvings = (nHeight - 220000) / REWARD_HALVE;   //(-220,000) to account for current block height. since this is a botch job)
 
    // Force block reward to zero when right shift is undefined.
    if (halvings >= 64)
        return nFees;

 
    // Subsidy is cut in half every 80,000 blocks which will occur approximately every 1.8 months.
    nSubsidy >>= halvings;
       
    if (fDebug && GetBoolArg("-printcreation"))
        printf("GetProofOfWorkReward() : create=%s nSubsidy=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nSubsidy);
 
    return nSubsidy + nFees;
}


This will cause the mining reward to halve at the 300kth block. meaning instead of 200 copper you will start earning 100 copper per block.

Then it'll halve to 50 per block in another 80k blocks.

This means the remaining PoW phase will look like this:

POW reward      Block        Max coins that reward
200               300000           60000000
50                  80000             4000000
100                80000             8000000
25                  80000             2000000
12.5               80000             1000000
6.25               80000               500000
3.125             80000               250000
1.5625            80000               125000
0.78125          80000                 62500
0.390625        80000                 31250
                1,020,000         75,968,750 coins (well slightly less but oh well)


This will leave the PoS at 3% for close to 4 years.

POS
Year 1   78,247,812.50
Year 2   80,595,246.88
Year 3   83,013,104.28
Year 4   85,503,497.41 //Hit max somewhere before the end of year 4. From then on only transaction fees as reward for PoS mining.



So, there is your solution. But the devs are afk. So this coin will likely fall flat on it's face in a few months when those blocks start churning out 0's.

Hard to believe, can only monitor further developments. Mine copper, it's unique but can it last long?
full member
Activity: 367
Merit: 100
MM Mining Power
Mine alt-coins and Payout in Bitcoin!

Port: 3433
User: Your Coin Payout wallet address
Password: c=Coin You want Payout
Fee: 0.69%
Payout: Every 45 Minutes

ADDRESS

PORT IS ON 3433
Set in Password -p c=Coin,d=Diff
Code:
-a scrypt -o stratum+tcp://mastermining.net:3433 -u wallet_payoutCoins_address -p c=BTC,d=524288
For Payout in COPPER
Code:
-a scrypt -o stratum+tcp://mastermining.net:3433 -u COPPER_address -p c=COPPER
newbie
Activity: 1
Merit: 1
Hello All,

Not that any of you know who I am or care, however I have dire news for anyone even remotely invested in this coin. 

Short story is they did a botch job with the code for this coin. I, like others, were expecting the reward to halve at some point. So I looked around to see when that might occur.
Result: It won't ever halve.  200 coins is hardcoded PoW reward forever, well not forever, PoS will pick up at block 1,000,000. but by then, Max supply will have been hit.

Do some simple math and realize that 1,000,000 * 200 = 200 mil  which is far in excess of the stated 84mil max coin cap.

Working backwards you find:
84,000,000 / 200 = 420,000
 
This means we run out of rewards (PoW&PoS) on block 420,000 with no intervention.
current block : ~289,000

Please correct me if i'm wrong. but in a few months we will be mining empty PoW blocks. And PoS will have a 0% a year return, since we will hit max supply long before the millionth block.

Github open source code: https://github.com/coppercoinet/Coppercoin

open /src/main.h

There you will see the max coin supply:
(line 50)  static const int64_t MAX_MONEY = 84000000 * COIN;

And in /src/main.cpp
(Line 1000 -> 1009)
// miner's coin base reward
int64_t GetProofOfWorkReward(int64_t nFees)
{
    int64_t nSubsidy = 200 * COIN;

    if (fDebug && GetBoolArg("-printcreation"))
        printf("GetProofOfWorkReward() : create=%s nSubsidy=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nSubsidy);

    return nSubsidy + nFees;
}


Now, we could fix this. But I cannot edit this fork.


Solution (as proposed by me, so feel free to chime in)

Start havling the coin ASAP. so we don't max out half way through the initial PoW phase.
Do this by setting up a variable to track how often we halve, then add the logic into the function which sets mining rewards.

In Main.H
Add a static variable to keep track of our halving.
static const int REWARD_HALVE = 800000;   //80,000 POW reward halves every 80k blocks



In Main.CPP
(Replace the function defined above line 1000->1009 with this)
// miner's coin base reward
int64_t GetProofOfWorkReward(int64_t nFees)
{
    int64_t nSubsidy = 200 * COIN;
 
    int halvings = (nHeight - 220000) / REWARD_HALVE;   //(-220,000) to account for current block height. since this is a botch job)
 
    // Force block reward to zero when right shift is undefined.
    if (halvings >= 64)
        return nFees;

 
    // Subsidy is cut in half every 80,000 blocks which will occur approximately every 1.8 months.
    nSubsidy >>= halvings;
       
    if (fDebug && GetBoolArg("-printcreation"))
        printf("GetProofOfWorkReward() : create=%s nSubsidy=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nSubsidy);
 
    return nSubsidy + nFees;
}


This will cause the mining reward to halve at the 300kth block. meaning instead of 200 copper you will start earning 100 copper per block.

Then it'll halve to 50 per block in another 80k blocks.

This means the remaining PoW phase will look like this:

POW reward      Block        Max coins that reward
200               300000           60000000
50                  80000             4000000
100                80000             8000000
25                  80000             2000000
12.5               80000             1000000
6.25               80000               500000
3.125             80000               250000
1.5625            80000               125000
0.78125          80000                 62500
0.390625        80000                 31250
                1,020,000         75,968,750 coins (well slightly less but oh well)


This will leave the PoS at 3% for close to 4 years.

POS
Year 1   78,247,812.50
Year 2   80,595,246.88
Year 3   83,013,104.28
Year 4   85,503,497.41 //Hit max somewhere before the end of year 4. From then on only transaction fees as reward for PoS mining.



So, there is your solution. But the devs are afk. So this coin will likely fall flat on it's face in a few months when those blocks start churning out 0's.
full member
Activity: 365
Merit: 100
Yes, This project looks abandoned. There is nothing alive any more. I tried to send mail to contact also but no answer.

The only known contact is the Coppercoin user here and he/she is relatively silent. I’ve asked on multiple occasions how to help the community.




Is there a way we can keep the project going without him? Seem like mining is working OK, the big question is staking (when, how, where?). Maybe someone more technologically savvy can review the code and try to figure things out?

If the source code is publicly accessible then yes. If updates need to be done and nobody has access it's impossible to keep the network alive.
newbie
Activity: 22
Merit: 0
Pool CopperCoin: http://pool2pool.asuscomm.com
Pow: script algoritm
jr. member
Activity: 167
Merit: 1
pool  COPPER coin  https://smithpool.net

conf for miners (-a scrypt -o stratum+tcp://smithpool.dynu.net:3433 -u yourwalletaddress -p c=COPPER)

for high difficulty  nicehash or miningrigrental add only  ,d =your diff or port dedicate 33433

example -a scrypt -o stratum+tcp://smithpool.dynu.net:3433 -u yourwalletaddress -p c=COPPER,d=65000  or whatever you want

block explorer http://smithpool.net/explorer/COPPER
 
discord support and coin request  https://discord.gg/Zy5esd6


low fee .... good job
newbie
Activity: 61
Merit: 0
The explorer is here at explorer.coppercoin.net however, if you look at the explorer, the block reward has never been cut in half from the 200 per block.  If there really was a max supply of 84,000,000 coins, as the dev said in the first post, then there should have been a block reward halving at approximately 42,000,000 coins.  Well, they have already produced 48,307,922 coins.  The miners have been churning out approximately 4,250,000 coins per month and there is no sign of them slowing down.  This means that they will blast past the supposed 84,000,000 coin limit in less than a year and continue to churn out an additional 51,000,000 coins per year.
newbie
Activity: 2
Merit: 0
Is the project alive?
Is going to be some development son?

End please answers to all users (for wallets ...)
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