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Topic: [ANN] MedicCoin (MDC)| Scrypt Algo|POW/POS 50% Annual Stake |33 Mill POW Coins - page 2. (Read 9933 times)

newbie
Activity: 23
Merit: 0
Hi Everyone!

I downloaded the windows wallet, however I don't have any active connections to the network. Can anyone help?

Here is the getpeerinfo with the active nodes;

16:36:01

getpeerinfo


16:36:01

[
{
"addr" : "209.188.18.188:21231",
"services" : "00000001",
"lastsend" : 1429486529,
"lastrecv" : 1429486523,
"conntime" : 1429435321,
"version" : 70001,
"subver" : "/MedicCoin:2.0.0/",
"inbound" : false,
"releasetime" : 0,
"startingheight" : 113599,
"banscore" : 0
},
{
"addr" : "108.61.10.90:21231",
"services" : "00000001",
"lastsend" : 1429486522,
"lastrecv" : 1429486523,
"conntime" : 1429435344,
"version" : 70001,
"subver" : "/MedicCoin:2.0.0/",
"inbound" : false,
"releasetime" : 0,
"startingheight" : 113599,
"banscore" : 0
},
{
"addr" : "78.46.22.103:21231",
"services" : "00000001",
"lastsend" : 1429486529,
"lastrecv" : 1429486523,
"conntime" : 1429457559,
"version" : 70001,
"subver" : "/MediCoin:1.0.0/",
"inbound" : false,
"releasetime" : 0,
"startingheight" : 113781,
"banscore" : 0
}
]
Pab
legendary
Activity: 1862
Merit: 1012
Hi Everyone!

I downloaded the windows wallet, however I don't have any active connections to the network. Can anyone help?
Add coinconf from Opp
but better to wait untill tomorrow for new wallet release
hero member
Activity: 509
Merit: 500
Hi Everyone!

I downloaded the windows wallet, however I don't have any active connections to the network. Can anyone help?
legendary
Activity: 2576
Merit: 1073
Thanks a lot for getting back, and for readiness to help!  Smiley

Nice to see the coin is alive and is doing well with you backing that. Since my last post, the situation have changed a bit, the PoW diff lowered to about 5-6, and I can actually see in block explorer few blocks with such difficulty, though they are very rare. Looks like the most blocks found are PoS blocks, and PoW blocks are an extreme rarity. What still confuses me, is the list of PoW blocks shown here: http://scrypt.ispace.co.uk/coindetails/?coin=mdc. Here is the excerpt from that list at the moment:

Quote
Block   Time   Confirmations   Difficulty   Shares   Finder   Amount
113,181   18/04/2015 20:17:22   Confirmed   0.00181484   38,786   norcalnewbie707   1.265479
113,174   18/04/2015 20:09:18   Confirmed   0.00144284   856,659   norcalnewbie707   0.651506
113,080   18/04/2015 16:59:42   Confirmed   0.00139108   410,105   norcalnewbie707   1.260958
113,043   18/04/2015 15:53:42   Confirmed   5.61121483   30,553   takidd4597   2.5
113,042   18/04/2015 15:52:39   Confirmed   6.04261355   330,792   KoloKolo   2.5
113,038   18/04/2015 15:48:16   Confirmed   5.86322237   381,673   Qubert   2.5

According to this info, some of the PoW blocks found on the iSpace.co.uk pool, have PoS diffuculty (0.00181484), and smaller amount (1.265479) Huh. But probably that is just a permanent glitch in iSpace.co.uk data display..?

Regarding the staking - thanks for info, it was really confusing, as I got used to the staking icon displayed in every other coin's wallet. MedicCoin looks to be the only staking coin without staking icon in wallet... As to me, this icon is very useful btw, I often look there to see the network weight, and to estimate how much time I need to keep wallet open to stake a block (I don't keep wallets open 24/7 on my PC).

The community is quiet, but there are folks mining this coin on iSpace from time to time, and the PoW hashrate is still around 200Mhs, which is great for the coin, but is not so great when I think of mining it a little bit Smiley. As PoW blocks are rare and hashrate is high, there is almost no way to get the coin other than buying on Cryptopia exchange, there the MDC market is surprisingly active regardless of the lack of activity here on the forum. Actually this also is strange to me - pretty active coin with almost no activity on BCT forum... Is there any other place folks use to communicate on this coin?
newbie
Activity: 23
Merit: 0
Does this coin have a community? Undecided

Or nobody cares..? Questions I asked are essential to understand what is happening to this coin, whether the blockchain is ok, whether the correct wallet is published, whether OP indeed correspond to real specifications... This is not just idle curiosity, or something I ask for my personal education.

Ok, this is what we came up with. I hope it helps somewhat.

1. When your coin is staking it will list
the amount staking in the stake amount under the balance on the main screen. there is no purpose to also have an icon

2. yes halves each 50k so now the blocks are down to 2.5 coins per block

3. blocks with difficulty around 0.001 are obviously POS blocks

The coding is sound and this coin has always been a super staker and very durable running blockchain.

Contact me in a PM and I will give you my Skype or phone number if you would like to talk about this or anything that moves this coin forward or anything off topic that maybe I could help you with. This offer is always available to anyone. I have been here since the beginning.
newbie
Activity: 23
Merit: 0
Folks, I am a bit confused  Undecided. Something is wrong with this coin, but I'm not sure what exactly. Could someone please help me understand few strange points on this coin..?

Here is what makes me wonder if everything is ok with the coin:
1. The OP says: Scrypt [POW/POS], PoS rate: 50% per annum. Indeed I can see some staking-related code in the Github source.
However the binary wallet I have downloaded from the http://medicoin.x10.mx (the only official place for wallet) does not have any staking capabilities!!! There is no staking icon in the bottom-right corner, and no any mention of staking in the menus. So how one is supposed to stake this coin?

2. The OP says: PoW: 10 coins per block. Nothing is written about halving!! Only after looking into the source code I found the block reward is already halved twice, so it is now 2.5 coins per block, not 10 coins! This has to be mentioned in the OP!! Please correct that!

3. The difficulty shown in the wallet (getmininginfo), and on the block explorer at Cryptopia is about 15.5-16. However all blocks found currently have difficulty around 0.001 !!! How this could be? None of them have difficulty 15, while it is constantly shown by the wallet. Please someone explain this!

4. Also none of the known pools have any hash. However the hashrate of the coin is constantly about 520-540 Mhs... That's huge number for a solo miner, and is unexplainable taking into account there is no competition at any pool! Is it indeed someone mining solo, or is is a bug in difficulty/hashrate calculations?

Thanks to everyone who could shed some light on those confusing points, especially points 1 and 3.



My apologies for not getting right back. I thought I was hoping to be sent an email from the address I left in the OP norcalanon707[at]gmail[dot]com I have been slammed working on this rebranding that had been decided just a bit to fast without more discussion and feedback.

Please feel free to contact me by email or send me a Private Message and I will give you my Skype contact or number if you or anyone needs to contact me fast.

Ok,

1. A staking icon is not needed in a sense. If I had my way we would have Coin Control and an Android Wallet which is a discussion for a later date.

3. I think that 3 needs to be looked into so We will have to get back on that. I can say this is an awesome staking coin that stakes decent  every day without failure and my version works perfect.

Please feel free to get a hold of me over this as this might take me a day to figure out. If you like we can let you test the new wallet early as we have planned to distribute them on 4/20/2015.
legendary
Activity: 2576
Merit: 1073
Does this coin have a community? Undecided

Or nobody cares..? Questions I asked are essential to understand what is happening to this coin, whether the blockchain is ok, whether the correct wallet is published, whether OP indeed correspond to real specifications... This is not just idle curiosity, or something I ask for my personal education.
legendary
Activity: 2576
Merit: 1073
Folks, I am a bit confused  Undecided. Something is wrong with this coin, but I'm not sure what exactly. Could someone please help me understand few strange points on this coin..?

Here is what makes me wonder if everything is ok with the coin:
1. The OP says: Scrypt [POW/POS], PoS rate: 50% per annum. Indeed I can see some staking-related code in the Github source.
However the binary wallet I have downloaded from the http://medicoin.x10.mx (the only official place for wallet) does not have any staking capabilities!!! There is no staking icon in the bottom-right corner, and no any mention of staking in the menus. So how one is supposed to stake this coin?

2. The OP says: PoW: 10 coins per block. Nothing is written about halving!! Only after looking into the source code I found the block reward is already halved twice, so it is now 2.5 coins per block, not 10 coins! This has to be mentioned in the OP!! Please correct that!

3. The difficulty shown in the wallet (getmininginfo), and on the block explorer at Cryptopia is about 15.5-16. However all blocks found currently have difficulty around 0.001 !!! How this could be? None of them have difficulty 15, while it is constantly shown by the wallet. Please someone explain this!

4. Also none of the known pools have any hash. However the hashrate of the coin is constantly about 520-540 Mhs... That's huge number for a solo miner, and is unexplainable taking into account there is no competition at any pool! Is it indeed someone mining solo, or is is a bug in difficulty/hashrate calculations?

Thanks to everyone who could shed some light on those confusing points, especially points 1 and 3.
newbie
Activity: 23
Merit: 0
https://www.cryptopia.co.nz/Exchange seems to have picked up a lot of the old cryptex coins. Not sure if this is just coincidence.

It will be up on Cryptopia Exchange this weekend.

Cryptopia Staff

we were going to add it last night after we added BGR, but we hit capacity on the pool server and wont be able to add any more coins until the maintenance period this weekend when we can assign the pool server some more RAM.

This takes a load off my mind. They have mining pools for the coins also similar to what Coinex used to have only far superior in many ways including ticket response times.

This weekend!!!

MDCTeam
newbie
Activity: 35
Merit: 0
For whatever reason, this coin made me join the forum.
newbie
Activity: 11
Merit: 0
https://www.cryptopia.co.nz/Exchange seems to have picked up a lot of the old cryptex coins. Not sure if this is just coincidence.
newbie
Activity: 23
Merit: 0
Cryptex closed, is there plans for joining a new exchange? A good chunk of Medicoin was mined and it was starting to go at 12 satoshis and people were investing Bitcoin into it.

I've been mining and trading medicon the last week and felt it could go somewhere.

Good job!!! Yes this coin will go somewhere. As far as an exchange I will see what I can do. Other options are to pay Richie @ Bittrex to list it or buy votes somewhere. However I have zero money to put into this due to the fact that at launch I made sure we had a pool to mine it and an exchange to trade it plus other things behind the scenes. So basically I will attempt to call on some favors for an exchange otherwise get ready to reach deep in all your pockets because I am not here to pay for others to make money. I am basically just a volunteer developer and doing my best as possible in that capacity. The numbers you mentioned do not impress me as I know this coins potential.

MDC Team Lead
newbie
Activity: 35
Merit: 0
Cryptex closed, is there plans for joining a new exchange? A good chunk of Medicoin was mined and it was starting to go at 12 satoshis and people were investing Bitcoin into it.

I've been mining and trading medicon the last week and felt it could go somewhere.
Pab
legendary
Activity: 1862
Merit: 1012
Wallet installed,mdc coins in my wallet,messenger installed,mdc is growingin my mind,email sent
weather is nightmare here
P
Pab
legendary
Activity: 1862
Merit: 1012

 i am goingto install wallet,i hope to instal messenger,and will share with my thoughts,i puted mdc inmy mind for ideas growing
newbie
Activity: 23
Merit: 0
Hi MannyCrypto,just quiq  hi from Pawel from Poland ,your twitter contact,stay in touch


Pab,

Welcome to the Medicine Community. Get a hold of me PM and lets talk more. You have my email.

Great to have you around. Talk soon.

~MannyCrypto
Pab
legendary
Activity: 1862
Merit: 1012
Hi MannyCrypto,just quiq  hi from Pawel from Poland ,your twitter contact,stay in touch
newbie
Activity: 23
Merit: 0
Dear, admin!
Please add my pool - http://aikapool.com/mdc

New multipool with single registration!
http://aikapool.com


There is nobody on your pool. The multipool looks really like you put a lot of effort into it. Get some miners on your MPOS pool and we will test it out and get you added into the op. If one of us can test it sooner we will let you know and get it up. Thank you for taking the time to consider this coin!!!

~MDC Team Volunteer
newbie
Activity: 23
Merit: 0
our pool start - http://mdc.binpool.com/ - we wait for miners))

Looks really good. Testing it out as we speak. Thank you!!!

~MDC Team Volunteer
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