Author

Topic: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer! - page 190. (Read 284956 times)

sr. member
Activity: 826
Merit: 263
What is the command to know if i find block?
getinfo  or listtransactions
legendary
Activity: 1036
Merit: 1000
What is the command to know if i find block?
legendary
Activity: 2646
Merit: 1722
https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF
[
{
"account" : "",
"address" : "SfSLMCoinMainNetworkBurnAddr1DeTK5",
"category" : "send",
"amount" : -1.00000000,
"fee" : -0.01000000,
"confirmations" : 41,
"blockhash" : "00000023b405c750cb9794e3d42ad33ea49156fd418954dfb8537003179d586a",
"blockindex" : 1,
"txid" : "862b85f9643d7356253ec7e84716830886bb5993506bf8e522c8205e2c3ff1bd",
"time" : 1401367013
},
{
"account" : "",
"address" : "SfSLMCoinMainNetworkBurnAddr1DeTK5",
"category" : "send",
"amount" : -1.00000000,
"fee" : -0.01000000,
"confirmations" : 37,
"blockhash" : "0000000ca75d69ae5493b819ae7dbc26a0db07f668b977d88d76b999052dd053",
"blockindex" : 3,
"txid" : "72331558933443cceb663d7b5757233de39da9a9c04c364c1abbaac3d1e96a1f",
"time" : 1401367124
},
{
"account" : "",
"address" : "SfSLMCoinMainNetworkBurnAddr1DeTK5",
"category" : "send",
"amount" : -1.00000000,
"fee" : -0.01000000,
"confirmations" : 35,
"blockhash" : "00000013c24f55917246725c13c806326bbd7d43d36d57e73a0485da7f1645dd",
"blockindex" : 1,
"txid" : "f3c32d4fa0410a08d1fca1ccc8c93a62ba847ea22ef572a527db9314466871bb",
"time" : 1401367344
},
{
"account" : "",
"address" : "SfSLMCoinMainNetworkBurnAddr1DeTK5",
"category" : "send",
"amount" : -1.00000000,
"fee" : -0.01000000,
"confirmations" : 31,
"blockhash" : "0000001c54784379ef89ef27363dcf055d72c487bc90ca8be4d08b505de4acc3",
"blockindex" : 2,
"txid" : "7111d388f0feeaf83d1aaca6380dbfd03a72897c6feb6215d26ea495707db24a",
"time" : 1401367967
},
{
"account" : "",
"address" : "SfSLMCoinMainNetworkBurnAddr1DeTK5",
"category" : "send",
"amount" : -1.00000000,
"fee" : -0.01000000,
"confirmations" : 31,
"blockhash" : "0000001c54784379ef89ef27363dcf055d72c487bc90ca8be4d08b505de4acc3",
"blockindex" : 3,
"txid" : "0b9f7b0cb14055758619f3ecc3a96b986c429a07907907b18aec39deea6adebf",
"time" : 1401368241,
"comment" : "",
"from" : "",
"message" : "",
"to" : ""
},
{
"account" : "",
"address" : "SfSLMCoinMainNetworkBurnAddr1DeTK5",
"category" : "send",
"amount" : -1.00000000,
"fee" : -0.01000000,
"confirmations" : 20,
"blockhash" : "0000001ba434b948aa304b76475252655e05966ecf0e6a98ea17468d72aa2988",
"blockindex" : 1,
"txid" : "81c0622bbf0ea3ce3a4f05063bf2206532fd9685a17e4c23a0070862f3046d27",
"time" : 1401369280
},
{
"account" : "",
"address" : "SfSLMCoinMainNetworkBurnAddr1DeTK5",
"category" : "send",
"amount" : -1.00000000,
"fee" : -0.01000000,
"confirmations" : 18,
"blockhash" : "00000022dbedd2259df017c14554b7fd757d2cdbd24529abd393eb8ac10ef960",
"blockindex" : 1,
"txid" : "b14a1a0ecbf963ffdbf3abca110b38f059de9a65f1268be57a2efe0eb726f3ce",
"time" : 1401369466
},
{
"account" : "",
"category" : "immature",
"amount" : 60.96000000,
"confirmations" : 16,
"blockhash" : "42ba4bce7c902998c40b0581d0aeea4d68862bf68e8c44489da3db819fa8505a",
"blockindex" : 0,
"txid" : "17fa0cc0697a3c19102510ccc8f82326295509abc8b3c31fc54da19dfcace03a",
"time" : 1401369681
}
,
{
"account" : "",
"address" : "SfSLMCoinMainNetworkBurnAddr1DeTK5",
"category" : "send",
"amount" : -1.00000000,
"fee" : -0.01000000,
"confirmations" : 4,
"blockhash" : "00000025436e2519f9a92d77d726ee189dae6e8d0667e3b825d3ffcfe66dd587",
"blockindex" : 3,
"txid" : "4eecf3241b0a29affb2b411d5696f74aa6e9ec66d3ba73193b148a569e789a49",
"time" : 1401370556
},
{
"account" : "",
"address" : "SfSLMCoinMainNetworkBurnAddr1DeTK5",
"category" : "send",
"amount" : -1.00000000,
"fee" : -0.01000000,
"confirmations" : 2,
"blockhash" : "000000014f3aae1c15f4d67f6f54b66f953fe7f691af25093c2d0b032a30a9ee",
"blockindex" : 3,
"txid" : "b569f8b4781e07c7b74e201b5dbfd260f2452aa10a17ee9422a5b78bf64948de",
"time" : 1401370689
}
]
legendary
Activity: 1092
Merit: 1000
Whitepaper - Because of this concept, it can be said that “burnt coins are mining rigs”, the main difference being the hardware demands.

Such bullshit.
legendary
Activity: 2646
Merit: 1722
https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF
I did just hit a PoB Mined block for 60.96 SLM on the wallet with the screen shots that I've posted earlier.

Was burning through the remaining balance with 8 SLM left in balance, so I'm UP when it confirms !

When did you burn the coin, at the previous block or earlier ? What i am trying to figure  out is if i will be getting anything more of the 100 coins i have burnt so far

Indeed. I'm not 100% sure on that. Trying to the match transactions with 'burnt' coins etc.

We could use a block explorer ~ looking though the code too.
legendary
Activity: 1092
Merit: 1000
I just got "-0.01" "mint by burn"... what the ** is that?

A bug
sr. member
Activity: 462
Merit: 250
I just got "-0.01" "mint by burn"... what the ** is that?
legendary
Activity: 1092
Merit: 1000
I did just hit a PoB Mined block for 60.96 SLM on the wallet with the screen shots that I've posted earlier.

Was burning through the remaining balance with 8 SLM left in balance, so I'm UP when it confirms !

When did you burn the coin, at the previous block or earlier ? What i am trying to figure  out is if i will be getting anything more of the 100 coins i have burnt so far
legendary
Activity: 2646
Merit: 1722
https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF
I did just hit a PoB Mined block for 60.96 SLM on the wallet with the screen shots that I've posted earlier.

Was burning through the remaining balance with 8 SLM left in balance, so I'm UP when it confirms !
legendary
Activity: 1092
Merit: 1000
slimcoin - please clarify if spent PoB coins provide any ongoing ROI over time or if once slimcoins are spent (without reward) they are fully spent i.e. 'burnt' ?

Somewhere in the thread you described PoB as being similar to buying mining equipment, which of course is not really guaranteed to provide any return on investment over time either. So, Is it simply 'luck of the draw' i.e. random ? or does having 'burnt' PoB coins increase PoW etc.

- off to read the white paper fully and study the full source code etc.

Thanks!

Dev is purposefully not answering questions which is sad.
legendary
Activity: 2646
Merit: 1722
https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF
slimcoin - please clarify if spent PoB coins provide any ongoing ROI over time or if once slimcoins are spent (without reward) they are fully spent i.e. 'burnt' ?

Somewhere in the thread you described PoB as being similar to buying mining equipment, which of course is not really guaranteed to provide any return on investment over time either. So, is it simply 'luck of the draw' i.e. random ? or does having 'burnt' PoB coins increase PoW etc.

- off to read the white paper fully and study the full source code etc.

Thanks!
legendary
Activity: 1092
Merit: 1000
Before you start burning away keep in mind its completely luck based. I have burned around 100 coins and got only 68 in PoB. You dont get a lower PoB diff then now so if you do burn, burn one at a time, per block (must be done manually until someone creates a script)

Whats the command line to burn one coin via linux wallet ?
member
Activity: 62
Merit: 10
Proof of Burn?
POB?
new concept.
newbie
Activity: 57
Merit: 0
The coins that are forever. 
They are compensated by the proof of burn blocks that are generated as a result of the burning.
Maybe it is right that slim is lower cost.
That destruction of coins is why the coin cap is set to be as high as it is.
legendary
Activity: 1092
Merit: 1000
Another 30 burned and got nothing Smiley This is not the coin for me Smiley

Whats with the decayed burnt coins ? Why would we care about it ?
full member
Activity: 182
Merit: 100
Quote
Another bug..

List transactions is set to do that by default, checkout its help and there is an argument for the number of tx's to display.
legendary
Activity: 2646
Merit: 1722
https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF
Quote
And no, PoW is not luck based, not any more than on other coins, the more hash power you got the more of a chance to hit a block.]And no, PoW is not luck based, not any more than on other coins, the more hash power you got the more of a chance to hit a block.

PoB is the same deal, the more coins you burn the more chance you have to hit a block. PoB and PoW are very similar.

This is the crypto currency equivalent of ERNIE - See: https://wikipedia.org/wiki/ERNIE#ERNIE

Well kind of similar anyhow.  Cool

ERNIE'S LUCKY BOND BOX: SfSLMCoinMainNetworkBurnAddr1DeTK5   Cheesy



ERNIE'S LUCKY BOND BOX: SfSLMCoinMainNetworkBurnAddr1DeTK5    Grin
legendary
Activity: 1092
Merit: 1000
Quote
Dev, did i actually hit a PoB block ?

It looks like it, type listtransactions in the debug window, show the output from that.

account" : "",
"category" : "immature",
"amount" : 64.62000000,
"confirmations" : 6,
"blockhash" : "ea5ee1268fcc3971b73716f471eee52a18e917360e1948ad0ae32de2865fd58b",
"blockindex" : 0,
"txid" : "9cf4cad2b2f54e3f666d1322540f598fe75c8cc3565f788381f6464ae6e1a14b",
"time" : 1401368609,
"comment" : "",
"message" : "",
"to" : ""
}
]


listtransactions is showing 10 last transactions instead of all. Another bug..
full member
Activity: 182
Merit: 100
Quote
Dev, did i actually hit a PoB block ?

It looks like it, type listtransactions in the debug window, show the output from that.
full member
Activity: 182
Merit: 100
Quote
Higher the PoB diff the less the reward ? or opposite ? At this rate PoB reward will be a one digit number (if max is 250)

The block reward follows a similar curve to y=x^(-1/4). In the curve, the higher the difficulty, the more it takes to drop the PoB reward. To get single digit rewards would mean having a massive amount of coins burnt, probably larger than the 250 million coin cap, making it impossible.
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