[ANN] Proof of Biking Campaign (PoB)

biodieselchris

hero member

Activity: 579

Merit: 500

CoinQuacker

Quote from: Lightsplasher on December 08, 2014, 11:08:46 PM

I did a week of riding for GreenCoin and made a video with some highlights. It was great to be out riding my bike for coins. I hope you enjoy the video. http://youtu.be/g15nUDSJS4Y How did the running go?

I only ran once and was super lame this week (flu Cry

) but I do hope to start getting back soon even with the baby.

Lightsplasher

sr. member

Activity: 371

Merit: 250

I did a week of riding for GreenCoin and made a video with some highlights. It was great to be out riding my bike for coins. I hope you enjoy the video. http://youtu.be/g15nUDSJS4Y How did the running go?

Lightsplasher

sr. member

Activity: 371

Merit: 250

Quote from: biodieselchris on December 01, 2014, 01:23:31 AM

I'll be running this week!

I'll be out riding, I hope to take some video too.

biodieselchris

hero member

Activity: 579

Merit: 500

CoinQuacker

I'll be running this week!

SamWalters

full member

Activity: 238

Merit: 100

Sam Mother Fuckin' Walters

sweet deal!

Quote from: Lightsplasher on November 25, 2014, 04:41:18 PM

Announcing the GreenCoin PoB holiday season ride. Date: from Monday December 1 to Sunday December 7. Please sign up or pledge donations by posting to this forum or sending me a personal message. Biodieselchris has pledged 500,000 GRE additionally, I'll pledge an additional 55,555 GRE bringing the current total pot to 555,555 GRE. We are the first riders/runners to sign up so far. GreenCoin is a free system for assigning carbon emission offset credits to producers of renewable energy - what better reward for riding your bike or running!

Per forum guidelines coin address should not be posted here so please send this info by PM prior to the end of the campaign so you can get paid.

I've thought a lot about how to structure the “proof” for earning part of the donation pot. This time of year the weather can be very tough and setting any type of quantifiable goal can not adequately deal with the different levels of abilities of people. We don't want to encourage someone in their 90's to go out and ride 20 miles in a blizzard. So do whatever level of commitment feels right for you and your situation. Really this is more about getting the word out.

Please post the results of anything you decided to do. You can share stories, goals, pictures, videos, go shopping by bike, tell your friends on social media, run or walk in the woods, additional things I've not thought of, etc... I hope those in group with be able to encourage participation through some friendly postings, however, if enough people in the group decide that there has not been enough PoB for your share, I reserve the right as acting benevolent dictator not to disperse your coins. You are earning your coins by participation, cooperation and through encouraging each other.

Short metaphor: Some may view the efforts of a small hummingbird carrying one mouth full of water at at time back and forth to put out a forest fire as a futile waste of effort, while others may rally in support and purchase a C-130 to put it out a pond of water at a time.

joelao95

legendary

Activity: 1190

Merit: 1009

Coin of the Magi!

Well done!

Lightsplasher

sr. member

Activity: 371

Merit: 250

Announcing the GreenCoin PoB holiday season ride. Date: from Monday December 1 to Sunday December 7. Please sign up or pledge donations by posting to this forum or sending me a personal message. Biodieselchris has pledged 500,000 GRE additionally, I'll pledge an additional 55,555 GRE bringing the current total pot to 555,555 GRE. We are the first riders/runners to sign up so far. GreenCoin is a free system for assigning carbon emission offset credits to producers of renewable energy - what better reward for riding your bike or running!

Per forum guidelines coin address should not be posted here so please send this info by PM prior to the end of the campaign so you can get paid.

I've thought a lot about how to structure the “proof” for earning part of the donation pot. This time of year the weather can be very tough and setting any type of quantifiable goal can not adequately deal with the different levels of abilities of people. We don't want to encourage someone in their 90's to go out and ride 20 miles in a blizzard. So do whatever level of commitment feels right for you and your situation. Really this is more about getting the word out.

Please post the results of anything you decided to do. You can share stories, goals, pictures, videos, go shopping by bike, tell your friends on social media, run or walk in the woods, additional things I've not thought of, etc... I hope those in group with be able to encourage participation through some friendly postings, however, if enough people in the group decide that there has not been enough PoB for your share, I reserve the right as acting benevolent dictator not to disperse your coins. You are earning your coins by participation, cooperation and through encouraging each other.

Short metaphor: Some may view the efforts of a small hummingbird carrying one mouth full of water at at time back and forth to put out a forest fire as a futile waste of effort, while others may rally in support and purchase a C-130 to put it out a pond of water at a time.

SamWalters

full member

Activity: 238

Merit: 100

Sam Mother Fuckin' Walters

MANDATORY UPDATE REQUIRED ALL WALLETS!

Quote from: joelao95 on October 24, 2014, 12:12:05 AM

[hardfork] - sorry we have a few hardforks to be done and all gonna happen soon

1. M7M-v2 (hardfork on 10/26/2014 9:30:00 AM EST)

A switchover of the mining algorithm to M7M-v2 will occur on 10/26/2014 9:30:00 AM EST. Details about M7M-v2 can be found here: https://bitcointalksearch.org/topic/m.9230961. The expected hashrate using the new algo is 2.545 times less than that with the prior algo. To continue with mining, download the new minerd (we will add download links here and in the OP soon), and follow the pool mining guide.

Be sure that you are using the new wallet v1.1.0.1 too.

2. Block rewarding system (hard fork at block 32,750)

A change in the block rewarding system is needed. This won't change the block rewards, but to be better to comply with the change of hashrate due to the M7M-v2 algo. The new algo leads to less network hashrate; the new block rewards will have maximum value at diff = 0.68 (for low block height); according to hashrate = diff * 2^32/180, that is about 16 Mh/s. We have also made increasing maximum diff with block height, to allow more people mining later on, e.g., optimum hashrate of 27 Mh/s which produces 300XMG at block 40,000.

3. A new difficulty adjustment method - Magi quantum wave (MQW) (hard fork at block 33,500)

Superficially a name here: Magi quantum wave (MQW) (http://en.wikipedia.org/wiki/Wave_function). This adjustment is done by averaging prior 15 block difficulties. A significant difference here from other adjustment implementations is that each block difficulty accounted is given a weight, and higher weights are given to more recent blocks; in addition to that, block time is also taken into account. Usually the lower difficulty, the smaller block time. The adjustment algo considers less weight of a block which has the lower difficulty. See details here: https://github.com/magi-project/magi/blob/master/src/main.cpp#L1296

4. Finalizing the PoW-II

As we can see the PoW-I (will be finished at block 50,000) has produced less coins than expected. To continue the CPU mining, also along with the new algo implementation, it will be very necessary to continue the PoW mining, that will finally make XMG a hybrid PoW/PoS-II coin and that is supposed to remain years long. The hybrid system is more secure than the pure PoW or pure PoS. The PoW-II block reward has maximum 50 XMG and minimum 3 XMG, with the same block rewarding adjustment as the PoW-I. Similarly, the optimum diff grows over time.

Wallet v1.1.0.1:

http://cryptomagic.com/files/magi-release/v1.1.0.1/

Github source code: https://github.com/magi-project/magi

Lightsplasher

sr. member

Activity: 371

Merit: 250

Quote from: SamWalters on October 20, 2014, 03:43:56 PM

Quote from: Lightsplasher on October 15, 2014, 12:54:59 AM

PoB Ride 1

I've added a short video blog on my first ride. It feels great getting out and doing some riding. A big thanks to everyone for the support and donations!

I just watched the video good work

Thank you Sam.

Here's some more video proof that I've done my riding for the week. I did a brief interview with my friend over some issues in the economy and PoB on the last video.

PoB Ride 1 (Posted earlier)
PoB 2
PoB 3 – Interview, Hawk, Conclusion

This has been fun for me - I'll try to organize another event soon. Thanks again for all the support so far - many members of the community at XMG have donated and helped! If anyone is interested in either riding, donating, or has suggestions please post or pm me.

SamWalters

full member

Activity: 238

Merit: 100

Sam Mother Fuckin' Walters

Quote from: Lightsplasher on October 15, 2014, 12:54:59 AM

PoB Ride 1

I've added a short video blog on my first ride. It feels great getting out and doing some riding. A big thanks to everyone for the support and donations!

I just watched the video good work

Lightsplasher

sr. member

Activity: 371

Merit: 250

Quote from: SamWalters on October 18, 2014, 01:25:58 PM

Ill get proof of bike in this timeline soon

Thats great Sam, nice work! I've got some other videos on my first week of riding that I'll post soon.

SamWalters

full member

Activity: 238

Merit: 100

Sam Mother Fuckin' Walters

Ill get proof of bike in this timeline soon

SamWalters

full member

Activity: 238

Merit: 100

Sam Mother Fuckin' Walters

Magi XMG Timeline from Pre-launch until Now, and moving forward!!
- PDF doc coming soon of historical events with Magi

Preview:

Lightsplasher

sr. member

Activity: 371

Merit: 250

PoB Ride 1

I've added a short video blog on my first ride. It feels great getting out and doing some riding. A big thanks to everyone for the support and donations!

SamWalters

full member

Activity: 238

Merit: 100

Sam Mother Fuckin' Walters