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Topic: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer! - page 199. (Read 284956 times)

sr. member
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Merit: 250
full member
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full member
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what no one is asking is POS, what is the interest rate for POS?
hero member
Activity: 686
Merit: 500
FUN > ROI
Formula for PoW reward:

Subsidy = (the max mint reward) / (the forth root of the difficulty)

Someone translate into English...
That is English ;\

Code:
static const int64 COIN = 1000000;
...
static const int64 MAX_MINT_PROOF_OF_WORK = 50 * COIN
(50 * 1000000) / (difficulty¼)
sr. member
Activity: 252
Merit: 250
WTB @ 400 satoshi

I'll sell 1000 Slims for 10BTC Smiley
Good one  Lips sealed Just hoping some ppl will wanna get rid of these Wink
newbie
Activity: 50
Merit: 0
I  like  innovative  coins,Like dark.NXT  etc
and this coin use "burn coin"  to mine .
It  seems interesting.
If this type  of mining is accepted by miners.
The coin price will never be low.
full member
Activity: 126
Merit: 100
I've been mining for 30 min and 0 coins. I'm mining using the qt windows wallet. Or how should I do it?

can you tell me how you mine using qt windows wallet ??

"help" -> "debug window" -> "console" -> "setgenerate true"

"getmininginfo" for information
thanks Smiley

so just type 'setgenerate true' in "console"  and it will start mining?

Yes and if you need only two processor add 2 at the end :      setgenerate true  2
legendary
Activity: 1092
Merit: 1000
sr. member
Activity: 252
Merit: 250
legendary
Activity: 1092
Merit: 1000
Formula for PoW reward:

Subsidy = (the max mint reward) / (the forth root of the difficulty)

Someone translate into English...
hero member
Activity: 518
Merit: 500
I've been mining for 30 min and 0 coins. I'm mining using the qt windows wallet. Or how should I do it?

can you tell me how you mine using qt windows wallet ??

"help" -> "debug window" -> "console" -> "setgenerate true"

"getmininginfo" for information
thanks Smiley

so just type 'setgenerate true' in "console"  and it will start mining?
legendary
Activity: 2646
Merit: 1722
https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF
full member
Activity: 182
Merit: 100
Formula for PoW reward:

Subsidy = (the max mint reward) / (the forth root of the difficulty)
newbie
Activity: 25
Merit: 0
I like "BurnCoin" has a buzz to it.

Also, can someone walk us through how to start mining.  I'm running a linux box and the code won't compile. Gives me this error when I try to untar the executable.

Code:
tar zxf slimcoin-linux.tar.gz

Code:
gzip: stdin: not in gzip format
tar: Child returned status 1
tar: Error is not recoverable: exiting now
full member
Activity: 126
Merit: 100
how can i mine this coin on debian6 ?

  just compile the source

ok i try this, thx

 git clone https://github.com/slimcoin/slimcoin

 go to /src   make -f makefile.unix   for the headless version

 go to /  qmake   and make for the X wallet version
full member
Activity: 154
Merit: 100
  If anybody has return on burning, share !!!

no ones burning anything yet, mined coins need 520 confirmations, which means no one can burn/sell any coins until we're at 520 blocks at least. we're at 179 blocks now.
legendary
Activity: 2646
Merit: 1722
https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF
There is a detailed explanation completely explaining how PoB works at the official whitepaper here: https://slimcoin.org/images/downloads/slimcoin_whitepaper.pdf

Quote
Interesting, PoW block reward is random. last block 18.89, previous block 14.89

No, the block reward is not random, it is determined by the difficulty. That sudden of a drop means the difficulty had increased. The more the diff increases, the less the PoW blocks are worth.

And, to answer a previous question, PoB blocks do use a target hash method of determining a valid hash.

Will be reading the white paper in detail - slimcoin.

How about PoB, if 1 SLM is burnt what is the output / variable based on ?
full member
Activity: 224
Merit: 100
There is a detailed explanation completely explaining how PoB works at the official whitepaper here: https://slimcoin.org/images/downloads/slimcoin_whitepaper.pdf

Quote
Interesting, PoW block reward is random. last block 18.89, previous block 14.89

No, the block reward is not random, it is determined by the difficulty. That sudden of a drop means the difficulty had increased. The more the diff increases, the less the PoW blocks are worth.

And, to answer a previous question, PoB blocks do use a target hash method of determining a valid hash.

can you provide a equation

block_reward=f(diff)?
member
Activity: 115
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full member
Activity: 182
Merit: 100
There is a detailed explanation completely explaining how PoB works at the official whitepaper here: https://slimcoin.org/images/downloads/slimcoin_whitepaper.pdf

Quote
Interesting, PoW block reward is random. last block 18.89, previous block 14.89

No, the block reward is not random, it is determined by the difficulty. That sudden of a drop means the difficulty had increased. The more the diff increases, the less the PoW blocks are worth.

And, to answer a previous question, PoB blocks do use a target hash method of determining a valid hash.
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