Topic: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer! - page 23. (Read 284974 times)

@BitcoinFX: As far as I know, Slimcoin is a fork of Peercoin 0.3.2. The actual Peercoin version 0.4 is only a minor bugfix version, with a protocol update related to pools. The next major version would be PPC 0.5, but it's still in develpment. So the Peercoin code has not changed drastically since the fork.

Peercoin 0.3 was stable for more than one year, so I think the PoS implementation alone should not be the issue. Probably it's the combination of the three kind of algorithms which makes the client unstable.

But perhaps it's really a possibility that we can add SLM to the "Peercoin family", as they have "adopted" NuBits. The PPC community is quite open-minded (I am a moderator of two local subforums there). Code obviously for this must be audited to make sure there was no scam attempt, but I don't think that was the case as all source code was published. I think "slimcoin" (the dev) simply got angry because of the continuous (in part, racist) attacks on him and because the bugs were more severe than he thought, and that is the reason he is quiet now.

The more I look at this it is PoS that is the main issue over PoB aside from the networking protocol bugs. If Slimcoin had been just PoW and PoB then that would probably of been much better.

The 'randomness' of the PoB implementation is also an issue. We essentially have a code base from early Peercoin - thus the best person to ask for help is most likely Sunny King or another or the Peercoin devs.

They were / are busy with Nubits and PeerShares, but now those are mostly launched maybe someone can take a look at this ?

Sadly it might be best to start again with Slimcoin 2.0

Forking is far more difficult and would require starting from zero. Slimcoin at least has made it to an high-volume exchange like BTER.

I have posted a reference to Slimcoin to the original Proof-of-burn thread.  Perhaps some of the original inventors of the concept can join here and post their opinions. I have seen Iain Stewart (the PoB inventor) was active in September but doesn't write often in the forum. Does someone know him?

+1 sounds like a good plan. The problem is only how to find a skilled dev. I support your 2. option. So community if any of you know any good dev please recommend him to here.

As I'm more interested in the PoB concept than in Slimcoin itself, I have searched Bitcointalk for it. But it seems that, at least for distribution and blockchain maintainance, Slimcoin continues to be the only PoB coin. There is KoreCoin, but they use it as an anonymization feature, and not in the way Slimcoin does. TGCoin, the only slimcoin fork, is dead.

Now its undeniable that the Slimcoin client still is buggy as hell, and the original dev has disappeared. So PoB enthusiasts like me have two choices:
- continue to support Slimcoin and trying to find skilled devs to fix the client's bugs
- fork the coin and start from zero with a new development team - perhaps even with some kind of transition mechanism (e.g. slimcoin holders getting free coins).

I think if a skilled dev discovers this coin, buys a lot of coins for a cheap price and then fixes the client's bugs, that could be a chance for Slimcoin to resurrect, as the potential to grow in price with a stable client and good dev team is huge.

But there are also aspects which speak in favour of a fork. So I think the last update of the distribution mechanism (more reward for PoS) was going in the wrong direction, as it has made the coin very inflationary and favours big coin holders disproportionately.

Also, I have ideas for a own PoB coin (combinating PoB with "Proof of Deposit") but I would need a dev too

It's possible to dump private keys from your wallet, then import them into another wallet.  Problem is, whoever sells you that key will also have a copy of it.  I don't think there is a way around that.
BTW, there is money to be made and good experiences to be had in cryptoland... You just have to know where to look

Thought it might be possible to get the private key of the address that sent to the burn address out of it.

Whatever, I'm spending my time on something more productive than bitcoin again. It appealed to my technophiliac side but ended up being a hobby that just cost money and didn't return anything other than a really bad experience in the bitcoin community. (bitcointalk being one of the worst places of them all) I don't gamble on the bitcoin price either so I'm kinda done.

Have fun anyway.

If you're sure, I'll take it. PM'd



edit: ah I misread that- didn't realize you were looking to sell. Sorry- it'd be easier to buy 2k more slim for just about nothing and burn those than deal with two wallets

If anyone tells me how and is interested - I'd sell my wallet file with ~2000 burnt slimcoins.
I'm out of this.

one of my nodes got stuck at 111900s as well a couple of hours ago; though i suppose it might have resolved since you guys mentioned this almost half a day ago.

the latest version by dev on github "v0.3.2.0-6-gafd8ef7-dirty-alpha" seems quite stable. haven't had it give me any problems for quite a while.

all these seem to be listeners and have synced up to at least 112489 on my peer list.

192.3.21.71:41682, 37.187.100.75:41682, 203.20.114.252:41682, 5.9.81.9:41682

Seriously if this crap forked again I'm probably going to leave it.

I try to run the wallet at all times but this is just ridiculous. It's a gamble on this coin ever succeeding, using my time. Doesn't look like that is ever going to happen. Maybe someone implements a similar feature in a new coin. But I think there are other PoB coins out there already.

It sucks that I've lost a bit of money here. Put in a little.. but this is bitcointalk. Where hope goes to die and scammers thrive.
I bet the original dev cashed out while it was possible. Now there are literally no buy orders anywhere.

Its too late, everyone gave up except a few stubborn donkeys

PS. You were active in shinycoin thread where i called out devs shill accounts, etc. Turns out dev was a scammer afterall... I deserve a positive feedback (to negate the negative given by the mod.), so feel free to +rep me !

Is it forked?

I'm at block "111914"

Difficulty seems to be going around 0.05 for weeks, i'm only getting a warning now about a too old checkpoint.
Slimcoin has to add it and deploy a new minor version

"difficulty" : 0.04994250,
"errors" : "WARNING: Checkpoint is too old. Wait for block chain to download, or notify developers of the i

primer- still alive? Amazing. 
Rescue the coin, dude. It's your responsibility. LOL

How can I tell if I'm on the right one? blockchain explorer seems to be off...

 

Idiots.

Forked again 

Anyone in the right fork could post nodes please ? Thanks.

I mean the PoB idea is a good one, I wish I knew how to code to steal it

Always had that.

I'm getting crashes again. Frustrating. Dev is a jerk for starting something and then just letting it die. (Probably after cashing out just like all of them.)

He said that, but I'm not exactly holding my breath. Even when he was here it seems he bit off a bit more than he can chew.  I'm hoping a competent and present development team takes over.


edit: almost forgot to ask- anyone else getting a checkpoint error even though the blockchain seems to be up to date?