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Topic: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer! - page 63. (Read 284975 times)

full member
Activity: 126
Merit: 100
Why slimcoin wallet use so much CPU?



 Because you' re CPU mining........ to desactivate CPU mining type setgenerate false into the console
legendary
Activity: 1092
Merit: 1000
trading @bter is open again
I hope primer- cares about this coin enough to not simply dump it all, considering how much of the total coins I imagine they have.

Dumpers are inevitable now that the exchange is open again. Let the weak hands leave, in 1-2 weeks price should be back to 0.001-0.002
full member
Activity: 138
Merit: 100
trading @bter is open again
I hope primer- cares about this coin enough to not simply dump it all, considering how much of the total coins I imagine they have.
sr. member
Activity: 462
Merit: 250
Did someone calculate what a target price should be in terms of profitable or at least cost-paying mining?
full member
Activity: 138
Merit: 100
Why slimcoin wallet use so much CPU?

It used to use less, I imagine it's part of the fork-prevention, look through the code and fine out for us if you're willing.
legendary
Activity: 1456
Merit: 1014
trading @bter is open again
full member
Activity: 267
Merit: 100
Why slimcoin wallet use so much CPU?

jr. member
Activity: 107
Merit: 1
So what will happen when I find a PoB block? When will I find it? So far burned 1.430847 SLM, running slimcoind -daemon 24/7 and nothing for three days. How can I verify it is working properly? slimcoind calcburnhash always says "unable to calculate burn hash" and with printAnyways option set to true the hash is all f's.

That's too little burnt coins to generate something in a long long time
Yay I found a PoB block! Smiley Wallet shows type "Mint by burn", Amount shows 28.967256; 324 confirmations. However when I double click the transaction I get:
Code:
Status: 324 confirmations
Date: 6/26/14 18:37
From: unknown
To: SiQhkWv9BaCSeUyfgNuLvE9AjFXXtDudgP (yours)
Credit: 0.1048 SLM
Net amount: +0.1048 SLM
Transaction ID: b818968023b45e6000319e1da3136acf88b58cc6f6a163d807d076d1990cb2cd
How come? Wallet balance is no close to 28 SLM. Are 510 confirmations needed again or did I really get just 0.1048 SLM? Why does 'Amount' show 28.967256 then?

bug, ignore the transaction tab for "mint by burn"

to see if you acually burned something, type the following in the debug window

Code:
listtransactions "*" true
No I have not Sad Oh well Sad
full member
Activity: 140
Merit: 100
Interesting... downloading the blockchain now and looking forward to mining.
sr. member
Activity: 245
Merit: 250

YES -  If im right the initial coins get generated by PoW.
YES -  These coins can then be used for PoB mining.
YES -  The more coins you Burn the bigger the chance is you will find a PoB block.
NO -   After some time the rewards on PoW goes down and reward of PoB goes up.
YES -  So to get into the PoB flow you need to Burn your coins.
NO  -  This makes PoW coins scarce and will drive up the exchange price.
NO  -  Also if you keep burning your rewards your power increases on the network and your rewards willbe bigger.


You are making it too easy for the newcomers, dev kept us in the dark for weeks.....

Weeks? This is what i understand after skimming through the OP, website & whitepaper and a few hours to let it sink.
Didn't noticed this coin untill today..

Anyway thx glop! Primer just wants to have his monopoly, we already know this from other coins  
He can have a small part of the pie Grin
legendary
Activity: 1092
Merit: 1000

YES -  If im right the initial coins get generated by PoW.
YES -  These coins can then be used for PoB mining.
YES -  The more coins you Burn the bigger the chance is you will find a PoB block.
NO -   After some time the rewards on PoW goes down and reward of PoB goes up.
YES -  So to get into the PoB flow you need to Burn your coins.
NO  -  This makes PoW coins scarce and will drive up the exchange price.
NO  -  Also if you keep burning your rewards your power increases on the network and your rewards willbe bigger.


You are making it too easy for the newcomers, dev kept us in the dark for weeks.....
full member
Activity: 126
Merit: 100

YES -  If im right the initial coins get generated by PoW.
YES -  These coins can then be used for PoB mining.
YES -  The more coins you Burn the bigger the chance is you will find a PoB block.
NO -   After some time the rewards on PoW goes down and reward of PoB goes up.
YES -  So to get into the PoB flow you need to Burn your coins.
NO  -  This makes PoW coins scarce and will drive up the exchange price.
NO  -  Also if you keep burning your rewards your power increases on the network and your rewards willbe bigger.

legendary
Activity: 1092
Merit: 1000
What is going on at BTER, why are deposits still disabled ? How incompetent are they, they tweeted yesterday deposits have been enabled, one day later we are still unable to deposit...

It's a feature not a bug Wink

...deposits will be enabled soon-ish...
sr. member
Activity: 462
Merit: 250
What is going on at BTER, why are deposits still disabled ? How incompetent are they, they tweeted yesterday deposits have been enabled, one day later we are still unable to deposit...

It's a feature not a bug Wink
sr. member
Activity: 245
Merit: 250
Stumbled upon this coin and needed some time to get a better understanding.

If im right the initial coins get generated by PoW.
These coins can then be used for PoB mining.
The more coins you Burn the bigger the chance is you will find a PoB block.
After some time the rewards on PoW goes down and reward of PoB goes up.
So to get into the PoB flow you need to Burn your coins.
This makes PoW coins scarce and will drive up the exchange price.
Also if you keep burning your rewards your power increases on the network and your rewards willbe bigger.

Sound to me like the best Ponzi in life isnt it?
Also i dont see nothing about PoS and the reward structure on this?

Can someone maybe clear these thing up, thx  Smiley

Anyway interesting concept for sure!!
legendary
Activity: 1092
Merit: 1000
What is going on at BTER, why are deposits still disabled ? How incompetent are they, they tweeted yesterday deposits have been enabled, one day later we are still unable to deposit...
full member
Activity: 126
Merit: 100
So what will happen when I find a PoB block? When will I find it? So far burned 1.430847 SLM, running slimcoind -daemon 24/7 and nothing for three days. How can I verify it is working properly? slimcoind calcburnhash always says "unable to calculate burn hash" and with printAnyways option set to true the hash is all f's.

That's too little burnt coins to generate something in a long long time
Yay I found a PoB block! Smiley Wallet shows type "Mint by burn", Amount shows 28.967256; 324 confirmations. However when I double click the transaction I get:
Code:
Status: 324 confirmations
Date: 6/26/14 18:37
From: unknown
To: SiQhkWv9BaCSeUyfgNuLvE9AjFXXtDudgP (yours)
Credit: 0.1048 SLM
Net amount: +0.1048 SLM
Transaction ID: b818968023b45e6000319e1da3136acf88b58cc6f6a163d807d076d1990cb2cd
How come? Wallet balance is no close to 28 SLM. Are 510 confirmations needed again or did I really get just 0.1048 SLM? Why does 'Amount' show 28.967256 then?

bug, ignore the transaction tab for "mint by burn"

to see if you acually burned something, type the following in the debug window

Code:
listtransactions "*" true

You can also into the console type getinfo,
if you have any POB you should have something diff of zero in  :    "newmint" : 0.00000000,


   Anyway, with 1.4 burnt coins your chance to catch a block is very low, ( at least 5 years 24/7 )




full member
Activity: 126
Merit: 100
hero member
Activity: 798
Merit: 500
can someone give me a working conf file. nodes in OP get stuck at block 15157

my wallet is connected to the following ip's, you could try those for the time being.

108.7.224.149
107.181.250.216
112.253.28.68
146.185.168.142
80.220.73.247
96.237.174.192
76.127.202.17
newbie
Activity: 24
Merit: 0
can someone give me a working conf file. nodes in OP get stuck at block 15157
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