wow the diff is so high! did not find a POW Block in one Day with 50 Digital Ocean Instances.
just curious, how much is tt in terms of hash power?
honestly spoken not that much, 10-12 KH/s per instance.
Topic: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer! - page 18. (Read 284961 times)
October 24, 2014, 02:14:46 AM
just curious, how much is tt in terms of hash power?
honestly spoken not that much, 10-12 KH/s per instance.
October 24, 2014, 12:43:34 AM
wow the diff is so high! did not find a POW Block in one Day with 50 Digital Ocean Instances.
just curious, how much is tt in terms of hash power?
October 24, 2014, 12:25:09 AM
wow the diff is so high! did not find a POW Block in one Day with 50 Digital Ocean Instances.
October 24, 2014, 12:18:52 AM
was just discussing with hankrules on our plans for slim and i thought ill also post mine here to get some thoughts 
Quote
haha yea actually i do feel pob in its current incarnation isnt very optimal yet, and ideally it shd decouple from pow and serve to secure the blockchain. this will be a long term goal for pob for me
im also discussing with @slimcoin on the scalability of slimcoin, and might make some changes to the burn decay rates to make it viable in the long run
in the short run i will probably just get the nomp pools ready by inserting the dcrypt algorithm and the slimcoin param, and try to get some experienced pool operators to handle the day 2 day routines.. i am also working w some partners to improve the visual branding and marketing to better convey what Slimcoin offers
im also discussing with @slimcoin on the scalability of slimcoin, and might make some changes to the burn decay rates to make it viable in the long run
in the short run i will probably just get the nomp pools ready by inserting the dcrypt algorithm and the slimcoin param, and try to get some experienced pool operators to handle the day 2 day routines.. i am also working w some partners to improve the visual branding and marketing to better convey what Slimcoin offers
October 23, 2014, 10:21:26 PM
Nice. It would be the best if slimcoin old dev could give you the login data so you could freely change the content of the OP. I'm looking forward for the future of Slimcoin.
I offered to edit and send @slimcoin the updated OP contents whenever it needs to be updated, and he was ok with updating the OP with that. Will see how this arrangement works out!
October 23, 2014, 03:05:11 PM
Just an update, PM exchange with Dev (timestamps are accurate):
hi slimcoin dev,
there is still a huge interest in the novelty of your coin, hash rate is at a peak, bter has been on an uprise, and the community clearly believes there's room for growth.
so far there has been 2 other devs who already contributed code and effort to improve the client. we've also raised nearly 7K SLM for bounties and giveaways.
we are planning to perform a hard fork soon to disable PoS and sync-checkpoints, increment the protocol version to kick out misbehaving clients (this has been identified as a major bugbear on resources and we've issued a temporary fix), and to update a miscellany of issues that has been identified since. you can check out our fork and commits at github.com/kryptoslab/slimcoin.
also, at the point of the hard fork I will likely issue a ReAnn so that I can edit the OP, and work on rallying the community to continue the development.
would like to know your plans for SLM so we can synchronise our efforts!
there is still a huge interest in the novelty of your coin, hash rate is at a peak, bter has been on an uprise, and the community clearly believes there's room for growth.
so far there has been 2 other devs who already contributed code and effort to improve the client. we've also raised nearly 7K SLM for bounties and giveaways.
we are planning to perform a hard fork soon to disable PoS and sync-checkpoints, increment the protocol version to kick out misbehaving clients (this has been identified as a major bugbear on resources and we've issued a temporary fix), and to update a miscellany of issues that has been identified since. you can check out our fork and commits at github.com/kryptoslab/slimcoin.
also, at the point of the hard fork I will likely issue a ReAnn so that I can edit the OP, and work on rallying the community to continue the development.
would like to know your plans for SLM so we can synchronise our efforts!
Hello,
As I have posted before, the reason I "left" this project is some other stuff came up. I say "left" as I still follow its development on the forum. I did state I could do basic maintenance, of which was to hold the central sync node up. I have absolutely no problems with you forking this project, in fact, it would be of great delight to me if you did so. I can offer you assistance in navigating the PoB code and making you a reddit administrator for /r/Slimcoin. As for development, I have nothing much planned in the short termed future.
-P4Titan
As I have posted before, the reason I "left" this project is some other stuff came up. I say "left" as I still follow its development on the forum. I did state I could do basic maintenance, of which was to hold the central sync node up. I have absolutely no problems with you forking this project, in fact, it would be of great delight to me if you did so. I can offer you assistance in navigating the PoB code and making you a reddit administrator for /r/Slimcoin. As for development, I have nothing much planned in the short termed future.
-P4Titan
Nice. It would be the best if slimcoin old dev could give you the login data so you could freely change the content of the OP. I'm looking forward for the future of Slimcoin.
October 23, 2014, 01:28:32 PM
Just an update, PM exchange with Dev (timestamps are accurate):
hi slimcoin dev,
there is still a huge interest in the novelty of your coin, hash rate is at a peak, bter has been on an uprise, and the community clearly believes there's room for growth.
so far there has been 2 other devs who already contributed code and effort to improve the client. we've also raised nearly 7K SLM for bounties and giveaways.
we are planning to perform a hard fork soon to disable PoS and sync-checkpoints, increment the protocol version to kick out misbehaving clients (this has been identified as a major bugbear on resources and we've issued a temporary fix), and to update a miscellany of issues that has been identified since. you can check out our fork and commits at github.com/kryptoslab/slimcoin.
also, at the point of the hard fork I will likely issue a ReAnn so that I can edit the OP, and work on rallying the community to continue the development.
would like to know your plans for SLM so we can synchronise our efforts!
there is still a huge interest in the novelty of your coin, hash rate is at a peak, bter has been on an uprise, and the community clearly believes there's room for growth.
so far there has been 2 other devs who already contributed code and effort to improve the client. we've also raised nearly 7K SLM for bounties and giveaways.
we are planning to perform a hard fork soon to disable PoS and sync-checkpoints, increment the protocol version to kick out misbehaving clients (this has been identified as a major bugbear on resources and we've issued a temporary fix), and to update a miscellany of issues that has been identified since. you can check out our fork and commits at github.com/kryptoslab/slimcoin.
also, at the point of the hard fork I will likely issue a ReAnn so that I can edit the OP, and work on rallying the community to continue the development.
would like to know your plans for SLM so we can synchronise our efforts!
Hello,
As I have posted before, the reason I "left" this project is some other stuff came up. I say "left" as I still follow its development on the forum. I did state I could do basic maintenance, of which was to hold the central sync node up. I have absolutely no problems with you forking this project, in fact, it would be of great delight to me if you did so. I can offer you assistance in navigating the PoB code and making you a reddit administrator for /r/Slimcoin. As for development, I have nothing much planned in the short termed future.
-P4Titan
As I have posted before, the reason I "left" this project is some other stuff came up. I say "left" as I still follow its development on the forum. I did state I could do basic maintenance, of which was to hold the central sync node up. I have absolutely no problems with you forking this project, in fact, it would be of great delight to me if you did so. I can offer you assistance in navigating the PoB code and making you a reddit administrator for /r/Slimcoin. As for development, I have nothing much planned in the short termed future.
-P4Titan
October 23, 2014, 04:36:12 AM
After 1 week of PoB, I've lost 449.6 SLMs to decay but gained 3719.9 from PoB, so that's a rather respectable 8.27x gain ratio. As more people burn this ratio will go down, of course. I assume this would tend to 1 in the long run, though people aren't likely to burn if the return is like just 2x or 3x, unless we get a lot of transaction fees.
That's also roughly equivalent to a PoW hash rate of 750KHs, based on the current hash rate and difficulty. That's like around 600 CPU cores, running off an initial 49152 SLM investment and a 32USD Raspberry Pi.
Thought this might be useful snapshot to paint the potential of PoB!
That's also roughly equivalent to a PoW hash rate of 750KHs, based on the current hash rate and difficulty. That's like around 600 CPU cores, running off an initial 49152 SLM investment and a 32USD Raspberry Pi.
Thought this might be useful snapshot to paint the potential of PoB!
And the price tends to rise back to it's former height too.
You can't simply buy 50k SLM from exchange now without pushing the price to 2,3x.
October 23, 2014, 02:45:18 AM
After 1 week of PoB, I've lost 449.6 SLMs to decay but gained 3719.9 from PoB, so that's a rather respectable 8.27x gain ratio. As more people burn this ratio will go down, of course. I assume this would tend to 1 in the long run, though people aren't likely to burn if the return is like just 2x or 3x, unless we get a lot of transaction fees.
That's also roughly equivalent to a PoW hash rate of 750KHs, based on the current hash rate and difficulty. That's like around 600 CPU cores, running off an initial 49152 SLM investment and a 32USD Raspberry Pi.
Thought this might be useful snapshot to paint the potential of PoB!
That's also roughly equivalent to a PoW hash rate of 750KHs, based on the current hash rate and difficulty. That's like around 600 CPU cores, running off an initial 49152 SLM investment and a 32USD Raspberry Pi.
Thought this might be useful snapshot to paint the potential of PoB!
October 23, 2014, 12:56:04 AM
I too now have installed a123's version and it's running fine, without a single crash since 3 days, with about 1 GB of memory. Great job!
I've just posted in the Coinmarketcap thread if they want to add it. I hope we don't attract the wrong people ... although some pumpin' and dumpin' perhaps also would get more devs on board
PS: Price evolution on BTER looks very good, too.
I've just posted in the Coinmarketcap thread if they want to add it. I hope we don't attract the wrong people ... although some pumpin' and dumpin' perhaps also would get more devs on board
PS: Price evolution on BTER looks very good, too.
yep it looks like finaly this coin moves in the right Direction, there so much potential!
October 22, 2014, 07:13:16 PM
I too now have installed a123's version and it's running fine, without a single crash since 3 days, with about 1 GB of memory. Great job!
I've just posted in the Coinmarketcap thread if they want to add it. I hope we don't attract the wrong people ... although some pumpin' and dumpin' perhaps also would get more devs on board
PS: Price evolution on BTER looks very good, too.
I've just posted in the Coinmarketcap thread if they want to add it. I hope we don't attract the wrong people ... although some pumpin' and dumpin' perhaps also would get more devs on board
PS: Price evolution on BTER looks very good, too.
October 22, 2014, 08:17:10 AM
Hi Guys!
We have made a little Coin info about Slimcoin!
Check it out
http://www.satoshis.guru/home/coin-news/slimcoin/
soon you will also have stats like diff, blockheight etc...
We have made a little Coin info about Slimcoin!
Check it out
http://www.satoshis.guru/home/coin-news/slimcoin/
soon you will also have stats like diff, blockheight etc...
nice Page!, good Job!
October 22, 2014, 06:05:30 AM
Hi Guys!
We have made a little Coin info about Slimcoin!
Check it out
http://www.satoshis.guru/home/coin-news/slimcoin/
soon you will also have stats like diff, blockheight etc...
We have made a little Coin info about Slimcoin!
Check it out
http://www.satoshis.guru/home/coin-news/slimcoin/
soon you will also have stats like diff, blockheight etc...
October 22, 2014, 02:25:03 AM
So there is still the PoW cost but how do the PoB blocks then contribute to the consensus?
How would an attacker with 51% of the PoW fair against defenders with various levels of burned stake?
How would an attacker with 51% of the PoW fair against defenders with various levels of burned stake?
I'm not too clear, but I don't think PoB can help defend against PoW 51% attacks. PoB does increase trust score of a chain for resolving forks but might not kick in in time for double-spend attacks?
In the same way, an attacker with 51% could create a fork from an earlier block to attempt a double-spend, but would require a large proportion of the burnt coins in the network in addition to hashpower in order to get the fork accepted -- otherwise the length of the combined honest ( < 50% hashrate + >> 50% burn ) would always result in a longer (higher-difficulty) chain compared to the dishonest ( > 50% hashrate + << 50% burn ) chain, especially considering the fraudulent chain is starting at some earlier point and has to 'catch up' to the legitimate chain first before it can exceed it.
Finally, regarding the "nothing at stake" problem -- yes, as far as I can tell there's nothing to stop users from collecting PoB blocks on both chains, although this would usually require a deliberate effort to make this happen (since, if they have only a single wallet running, it will fork into one or other of the chains, and not mint PoB on the other one). I can't immediately think of an elegant solution that would discourage this...
October 22, 2014, 02:18:58 AM
SlimCoin - SLM has been added to EmpoEX vs bitcoin market.
We wish you happy trading.
Click on image to get redirected.
@OP:
Use following code to include us in OP:
EmpoEX Team
We wish you happy trading.
Click on image to get redirected.
@OP:
Use following code to include us in OP:
Code:
[url=https://empoex.com/trade/SLM-BTC][img width=300]http://i.imgur.com/HTfbFXl.png[/img][/url]
EmpoEX Team
October 21, 2014, 03:01:34 PM
October 21, 2014, 02:40:50 PM
I noticed you guys got a mention on CryptoPromote .... If you want, I can look into doing an article on the coin for CryptoArticles.com?
Just PM me with the most important details (except what's in the OP of course) and I'll get it done somewhere this week....
Thank you, this is a good news to inspire people. Just PM me with the most important details (except what's in the OP of course) and I'll get it done somewhere this week....
October 21, 2014, 01:36:47 PM
I noticed you guys got a mention on CryptoPromote .... If you want, I can look into doing an article on the coin for CryptoArticles.com?
Just PM me with the most important details (except what's in the OP of course) and I'll get it done somewhere this week....
Just PM me with the most important details (except what's in the OP of course) and I'll get it done somewhere this week....
October 21, 2014, 11:56:58 AM
I've cloned the ANN from Slimcoin to https://github.com/kryptoslab/slimcoin/wiki/Reannouncement. I've updated the details, but I would invite your edits to brand or market it better This would be the basis for the ReANN after the fork in a couple of weeks time.
I'm also putting up a bounty, which is also in the Reannouncement.
Thanks to the generous donations from hankrules, AizenSou and BitcoinFX, I'm putting 530 SLMs into giveaways and mining faucet, and 5000 SLMs for the bounty.
I think a primary need for us now is for experienced pool operators to run a Dcrypt mining pool, so am planning to offer the following, I'm open further suggestions (particularly from the donors!)
Do help reach out to pool operators whom you think might be interested!
Donation Address for Bounties: Sg72f5icXXAjrdV7o15ZrFdj9CvNaTZwS1
Donation Address for Giveaways and Slimcoin.club Mining Faucet: SeCZAzhRkC8VxdqYfbcvgTVkN3RoLzNoYy
To check the amount collected so far, I've set up a live progress collection counter on my site: http://www.slimcoin.club/#donate
I'm pledging a SLM for a SLM, for every donor from now on who posts about their donation here (so I can match it up to the person), up to 5K for bounties and 1K for Giveaways.
This would be the basis for the ReANN after the fork in a couple of weeks time.I'm also putting up a bounty, which is also in the Reannouncement.
Thanks to the generous donations from hankrules, AizenSou and BitcoinFX, I'm putting 530 SLMs into giveaways and mining faucet, and 5000 SLMs for the bounty.
I think a primary need for us now is for experienced pool operators to run a Dcrypt mining pool, so am planning to offer the following, I'm open further suggestions (particularly from the donors!)
- First working pool : 2500 SLM
- First pool to host a total of 2MH/s: 2500 SLM
Do help reach out to pool operators whom you think might be interested!
Donation Address for Bounties: Sg72f5icXXAjrdV7o15ZrFdj9CvNaTZwS1
Donation Address for Giveaways and Slimcoin.club Mining Faucet: SeCZAzhRkC8VxdqYfbcvgTVkN3RoLzNoYy
To check the amount collected so far, I've set up a live progress collection counter on my site: http://www.slimcoin.club/#donate
I'm pledging a SLM for a SLM, for every donor from now on who posts about their donation here (so I can match it up to the person), up to 5K for bounties and 1K for Giveaways.
October 21, 2014, 11:15:44 AM
Gosh somehow my dedicated Centos 7 server just rebooted itself and reconfigured its firewall to firewalld instead of iptables. Just reconfigured it to bring slimcoin.club back up!
Jump to: