Topic: ★★ [ANN] ECCoin (ECC) ★★★ ECCoin - Green Future FORK FIXED UPGRADE NEEDED - page 227. (Read 342427 times)

Hi guys, I need help, i'm trying to figure out how to solo mine on my linux box for the first time.

Here's how far I got, please tell me where i'm messing things up

I have copied the ECCoin.conf in to my /home/user/.ECCoin folder.

I then used the following command to start the qt- server:

./eccoin-qt -server

The next stage I tried was to use the following command in cgminer:

./cgminer --scrypt -o localhost:10119 -u user -p password

This is where I get the following error:

 [2014-03-20 17:14:59] Started cgminer 3.7.2
 [2014-03-20 17:14:59] Started cgminer 3.7.2
 [2014-03-20 17:15:00] Probing for an alive pool
 [2014-03-20 17:15:00] Pool 0 slow/down or URL or credentials invalid


Pleas help me out, can anyone see where I'm going wrong?

Thanks

i just voted on mintpal have you

I wish CryptoRush would fix their trading engine so that whatever keeps buying 1 or 2 ECC at way above the market price didn't keep stuffing up the charts. It should be impossible to buy above the highest ask price in a well-coded exchange.

go to the moon 

So after PoW stage and miners move on, at least most, how likely/easily will it be for 51% attack?

So after PoW stage and miners move on, at least most, how likely/easily will it be for 51% attack?

ECCoin is a great concept, I like the idea of proof-of-stake Cryptos and electricity-saving Crypto coins! Any coin using less energy than bitcoins (or fiat, that is) is good: please note that government fiat uses EVEN MORE energy than bitcoins (have you ever figured how much energy fiat money printing, fiat transactional electricity/clearing, physical bills and coins logistics, distribution, destruction of worn-out bills and coins, and recycling consumes? Not to mention security, forensics and crime investigation after a bank robbery...!)

Bitcoin is relatively good (better than fiat) already, the evident issues with wasting power on its part need to be solved by competing Crypto coins that are simply better at these particular matters. This is the general idea of a free market and competing currencies anyway.

With ECCoin's 1% PoS reward after 9 years (or the 1% rate of "minting" after 9 years), I don't see the attraction of ECC over PPC (peercoins) though -- as that very Crypto coin has precisely the same situation that EEcoin will have after those initial 9 years out in the future.

Adding to the overall picture, MINT (or mintcoins) will offer a more attractive 5% PoS reward FOREVER and hence will be more attractive to merchants, private holders/investors and other stake holders than either PPC or ECC.

That said, it will be up to ECCoin and the overall ECC community to gather wider acceptance during those initial 9 years of "advantage over PPC" in order to succeed in the above mentioned competition of currencies. THIS initial period will either make or break ECC against its closest competitors.

So let's do it, introduce ECC to a wider market and build a REAL economy (of everyday uses of ECC) around it in order to succeed.

To the (da) Moon then

Voting every day, every hour
The coin is doing great so far ! We just need some more exposure and getting on more exchanges and it will start growing pretty fast.
The prices right now are very very good for buying, soon you wont be able to see this prices again.