Topic: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer! - page 173. (Read 284956 times)
May 31, 2014, 07:15:55 AM
ok, just one more question regarding burning. I have burned 15 coins so far which results in a slow chance of finding a PoB block. But, is every miner pointed to my wallet able to find this block? Or does the wallet itself try to find that PoB block? Sorry if that's a dumb question, I just don't get that yet ^^
May 31, 2014, 06:48:07 AM
I think this coin is some kind of Sunny King experiment. Peercoin development slowed to a crawl, this coin is sourced from Peercoin instead of the usual sourcing of Novacoin forks. I wonder when Sunny is going to come out of the closet.
Anyway, the original post needs to be updated with a lot more information. People have said coin emission is non-linear and that it would be mined over 15 years with only 1 million being released in the first year? Is this true or not? Also, what is the stake interest rate? Minimum stake age? Max age? etc.
Anyway, the original post needs to be updated with a lot more information. People have said coin emission is non-linear and that it would be mined over 15 years with only 1 million being released in the first year? Is this true or not? Also, what is the stake interest rate? Minimum stake age? Max age? etc.
May 31, 2014, 06:28:01 AM
Slimcoin client fixed for failure while loading the blkindex.dat file.
Update your wallets
Binaries are available here: https://github.com/slimcoin/slicmoin-executable
Source is available here: https://github.com/slimcoin/slimcoin
Update your wallets
Binaries are available here: https://github.com/slimcoin/slicmoin-executable
Source is available here: https://github.com/slimcoin/slimcoin
I updated my Mac wallet with this fix. Since the version number didn't change, the URL is the same: https://www.dropbox.com/s/b5irhas4xqvh2pb/Slimcoin-Qt-0.3.0.0-Mac.zip
May 31, 2014, 06:09:44 AM
Is Slim listed on exchange already?
want to buy some.
want to buy some.
First post:
May 31, 2014, 06:05:17 AM
Probability for PoB is too small, I am not going to burn any coin.
May 31, 2014, 06:02:54 AM
what 's the meanning of burnning coin?? burn for what?? have burnt 28 coins ,but get nothing ?why
by burning coins, you are buying a portion of hashing PoB.
why you get nothing is because there are almost 23000 coins burnt already
your 28 coin is mere 0.1%. which means you have about 1 in 1000 chance of finding a block.
Oh crap
I have 80 coins so it is better for me to keep it and not burn
May 31, 2014, 05:51:19 AM
POB?
Sounds interesting.
Is Slim listed on exchange already?
want to buy some.
Sounds interesting.
Is Slim listed on exchange already?
want to buy some.
Some whale is buying them all up to 0.01 each on bter.com
Guess he wants 20% or more hash power
12 hours mined a burn block...
May 31, 2014, 05:39:01 AM
the proof of burn is a interesting one, but i don't like it, honestly
May 31, 2014, 05:05:04 AM
POB?
Sounds interesting.
Is Slim listed on exchange already?
want to buy some.
Sounds interesting.
Is Slim listed on exchange already?
want to buy some.
Some whale is buying them all up to 0.01 each on bter.com
Guess he wants 20% or more hash power
May 31, 2014, 04:58:50 AM
POB?
Sounds interesting.
Is Slim listed on exchange already?
want to buy some.
Sounds interesting.
Is Slim listed on exchange already?
want to buy some.
May 31, 2014, 04:53:40 AM
Is it possible to burn coins via slimcoind on remote linux server?
...and then mint with PoB?
EDIT:
Found the answer to the first part of the question:
Now, how to mint? ./slimcoind setgenerate true? How slimcoind would know to use PoB but not PoW? Or would it use both?
Thanks!
...and then mint with PoB?
EDIT:
Found the answer to the first part of the question:
Code:
./slimcoind burncoins[minconf=1] [comment] [comment-to]
Now, how to mint? ./slimcoind setgenerate true? How slimcoind would know to use PoB but not PoW? Or would it use both?
Thanks!
May 31, 2014, 04:36:44 AM
what 's the meanning of burnning coin?? burn for what?? have burnt 28 coins ,but get nothing ?why
by burning coins, you are buying a portion of hashing PoB.
why you get nothing is because there are almost 23000 coins burnt already
your 28 coin is mere 0.1%. which means you have about 1 in 1000 chance of finding a block.
so i burned 80 coins, wow 0.4% chance of finding a block..
oh wait, i used two different wallets..
1 wallet burned 20 coins = 0.1% chance
1 wallet burned 60 coins = 0.3% chance
I ain't gonna find anything
May 31, 2014, 04:09:32 AM
You are the one who bter, dev
May 31, 2014, 04:07:15 AM
what 's the meanning of burnning coin?? burn for what?? have burnt 28 coins ,but get nothing ?why
by burning coins, you are buying a portion of hashing PoB.
why you get nothing is because there are almost 23000 coins burnt already
your 28 coin is mere 0.1%. which means you have about 1 in 1000 chance of finding a block.
May 31, 2014, 04:04:42 AM
Someone interested in some coins w/o exchange fees? pm me
May 31, 2014, 03:51:06 AM
what 's the meanning of burnning coin?? burn for what?? have burnt 28 coins ,but get nothing ?why
May 31, 2014, 03:36:30 AM
People selling are stupid.
Yea, they should keep holding the coins for the rest of their lives so nobody could buy them and their is no economy
dig and hold!
May 31, 2014, 03:18:31 AM
People selling are stupid.
Yea, they should keep holding the coins for the rest of their lives so nobody could buy them and their is no economy
May 31, 2014, 02:59:27 AM
such difficult
May 31, 2014, 01:23:36 AM
high priceNot at all if you take into consideration how much 100 burnt today will be worth in 1 month. People selling are stupid.
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