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Topic: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer! - page 58. (Read 284959 times)

hero member
Activity: 686
Merit: 500
FUN > ROI
Just some slightly updated stats on that pools thing...
From 2014-06-25 12:00:00 UTC through 2014-07-03 12:00:00 UTC

There were 8,001 blocks total.

2,828 (35.31%) were PoW
1,047 (13.07%) were PoB
4,134 (51.62%) were PoS
The average network hash rate was 3,649khash/s.
The average hash rate at slimcoinpool was 1,180khash/s or ~32%.
The average hash rate at block quarry was 260khash/s or ~7%.

During the time primer- mined there, his average hash rate there was 277khash/s. The graph shows where he switched back to slimcoinpool and when somebody took the same account name and dripped back into block quarry.

Note that in the graph, the network hash rate is as estimated by the slimcoin code (getnetworkghps), while pool hash rates are estimated at the pools according to shares.
Variability may be too high to say anything meaningful about the pools' luck after 8 days.

slimcoinpool laid claim to 1,076 (38%) of the blocks, block quarry laid claim to 199 (7%) of the blocks, leaving the majority of the blocks - 1,553 (55%) - as being mined solo or at other pools.

If going by the estimated hash rates, slimcoinpool's luck would be ~118%, while block quarry's would be ~99%.
If going by the relative hash rates, block quarry's hash rate was ~22% of slimcoinpool's hash rate, block quarry's number of blocks was ~18% of slimconpool's number of blocks, giving a luck of ~84%.

Sources:
block quarry hash rate, workers and blocks found: https://slm.blockquarry.com/index.php?page=statistics&action=pool
slimcoinpool hash rate, workers and blocks found: http://www.slimcoinpool.com/tbs
network hash rate: getnetworkghps, https://slm.blockquarry.com/index.php?page=api&action=public
block PoW/PoB/PoS data: slimcoin blockchain


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legendary
Activity: 1092
Merit: 1000
Someone just sold 1220SLM on bter for 0.25BTC Smiley) Such dumpers.

FYI. PoW - 500Hash/s = 140-150SLM/day
 500HASH/S  How much computer

Very much my friend, much expensive too! Smiley

Are you sure with your 500 Hash/s ? missing some K something here.... Grin

Yep Smiley 500KHash/s Smiley
http://slimcoinpool.com/worker/SYqj9tMXsyubXad8eRJpVp5exmy4HUyhEV

full member
Activity: 126
Merit: 100
Someone just sold 1220SLM on bter for 0.25BTC Smiley) Such dumpers.

FYI. PoW - 500Hash/s = 140-150SLM/day
 500HASH/S  How much computer

Very much my friend, much expensive too! Smiley

Are you sure with your 500 Hash/s ? missing some K something here.... Grin
legendary
Activity: 1092
Merit: 1000
Someone just sold 1220SLM on bter for 0.25BTC Smiley) Such dumpers.

FYI. PoW - 500Hash/s = 140-150SLM/day
  500HASH/S  How much computer

Very much my friend, much expensive too! Smiley
full member
Activity: 123
Merit: 100
123
Someone just sold 1220SLM on bter for 0.25BTC Smiley) Such dumpers.

FYI. PoW - 500Hash/s = 140-150SLM/day
  500HASH/S  How much computer
legendary
Activity: 1092
Merit: 1000
Someone just sold 1220SLM on bter for 0.25BTC Smiley) Such dumpers.

FYI. PoW - 500Hash/s = 140-150SLM/day
full member
Activity: 123
Merit: 100
123
Dev  What time to burn coin pool ?  Burn coin pool will let the coins shine!

This is something that I'm working on. Wink
no no  Not POW pool

PoW pool has been stable for weeks. Its the burn pool sandor is working on.
wait in hope  Wink
legendary
Activity: 1092
Merit: 1000
Dev  What time to burn coin pool ?  Burn coin pool will let the coins shine!

This is something that I'm working on. Wink
no no  Not POW pool

PoW pool has been stable for weeks. Its the burn pool sandor is working on.
full member
Activity: 123
Merit: 100
123
Dev  What time to burn coin pool ?  Burn coin pool will let the coins shine!

This is something that I'm working on. Wink
no no  Not POW pool
hero member
Activity: 616
Merit: 500
Dev  What time to burn coin pool ?  Burn coin pool will let the coins shine!

This is something that I'm working on. Wink
full member
Activity: 123
Merit: 100
123
Dev  What time to burn coin pool ?  Burn coin pool will let the coins shine!
member
Activity: 86
Merit: 10
hero member
Activity: 910
Merit: 1000
Decentralized Jihad
I'm stuck on 15157 (been trying to sync for the whole night). Is it for everyone or just me?
Fixed by re-downloading the chain.
full member
Activity: 148
Merit: 100
ProcessBlock: ACCEPTED
SlimCoinAfterBurner():
   Smallest Hash is 0000001fa22a0000000000000000000000000000000000000000000000000001
   by tx 6848581d5e52e376043c575b8b4716169fb67c479ea31b5cf33fb49eba159201
   with Block height 16999, transaction depth 1, vout depth 0
   PoB Tartget is 0000000186c40000000000000000000000000000000000000000000000000000
   nBurnBits=1d0186c4, nEffectiveBurnCoins=140686129927 (formatted 140686.129927)
getblocks 15158 to 000000000d4b8eb540e1 limit 507
  getblocks stopping at limit 15664 000000303cb680c0bccd
getblocks -1 to 00000000000000000000 limit 500
getblocks -1 to 00000000000000000000 limit 500
getblocks -1 to 00000000000000000000 limit 500


My burning synchronization problem still exists
Will anyone know how to deal with?
full member
Activity: 126
Merit: 100
   For POB: Instead of generating blocks, what about something working like a proportional pool or like POS ?

   The amount of coins generated could be generated in function of your % of burnt coin (instead of your owned coins for POS).
   This way you can fix in advance the total amount of coins generated by burn / year.
   This solves the problem of remuneration of small owners/miners as well.
   It can be calculated at the time of POS
  
  
    
full member
Activity: 126
Merit: 100
....it is very difficult for newcomers to break into the burning game.

    Slimcoin should certainly put online some explanation or directive for the burning part.

   The information provided actually is more to address dev or experimented miner which is good but for the beginner it can really be tough.
   
   It needs to explain simply how to burn, what is the purpose of burning coin and the process.
   We also need here a basic method to evaluate the expected return for any amount burnt, with basic stats (Into the wallet?).
   
     
full member
Activity: 126
Merit: 100
 My first concern on any change, is that it would be very unbecoming to see your burning coin disappears without the creation of any value [I just do not burn my coin for the fun...... I love to see my coins burning only as an investment and as an investor I would like to see return on investment or I will stop burning]. The actual process seems relatively stable and fair. For me only the quantity of block generated should be increased.
The value will come in the form of mass interest in the coin.  As it looks now, it is very difficult for newcomers to break into the burning game.

  I am completely on the same page with that, only good marketing  will create an interest for large exchange platform, users and miners but we need first a really effective coin.

   Just to adjust the word value:

      For me value is not the value in term of selling value. The real value disappear when we need more than 1SLIM burned to gain 1SLIM as time erode your burnt coins. This is the real value of a burnt coin, the capacity to generate a new coin. You can fix any value in a market for a SLIM, if one burn coin does not generate at least (one + someThingPositifMoreImportantThanTwoTimeTheTransactionFee) burn coin, the value of your burnt coin is zero.

    
sr. member
Activity: 826
Merit: 263
 My first concern on any change, is that it would be very unbecoming to see your burning coin disappears without the creation of any value [I just do not burn my coin for the fun...... I love to see my coins burning only as an investment and as an investor I would like to see return on investment or I will stop burning]. The actual process seems relatively stable and fair. For me only the quantity of block generated should be increased.
The value will come in the form of mass interest in the coin.  As it looks now, it is very difficult for newcomers to break into the burning game.
full member
Activity: 126
Merit: 100
Quote
Can you post more details what changes you plan to PoB target and reward scheme please

I am not too sure about the reward, but I am thinking about the reward not being determined by the burn difficulty, but by (these are just ideas): either the PoW difficulty or the rate at which coins are burned.

As for the PoB difficulty, currently, it is calculated by the amount of coins burned. I will make it so that it adjusts to a target that would average a PoB block once every 3 or 2 PoW blocks.

I would like to see more, but smaller PoB blocks, also to give a higher chance for people who burned less coins to find a PoB block. Meaning the PoB difficulty should be less, but also the reward given by it, so there won't be more coins by burning. New investors should be able to join the burning party without having to buy 1000+ SLIM

Another suggestion: Make the burned coins decay speed adjustable, from a weight on 1 to 5 or so. If a 'burner' choose to burn higher then increase the decay speed, but also his "power" to find a PoB block.
Both great ideas

  The two precedent suggestions - I think - are not compatible. If you give the capacity to have more power even if it is for a shorter period of time, smaller miner are not going to catch any block.  The first one seems reasonable but I think we still need to increase the amount of generated coins.    

  My first concern on any change, is that it would be very unbecoming to see your burning coin disappears without the creation of any value [I just do not burn my coin for the fun...... I love to see my coins burning only as an investment and as an investor I would like to see return on investment or I will stop burning]. The actual process seems relatively stable and fair. For me only the quantity of block generated should be increased.
 
  My second is that the POW is actually linked with POB and I personally think it could be very interesting to see a competition between POB and POW as the POW is not really energy efficient. Why not to separate both ?



  
  



member
Activity: 86
Merit: 10
More and more difficult mining!
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