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Topic: [ANN] SMLY- smileycoin - for rewards in education - page 33. (Read 77288 times)

sr. member
Activity: 475
Merit: 256

OP says:

Quantity: 50 billion
50% premine, used for student rewards
Annual reward targets: equal for students and miners

So, the premine should be 25 billion?

But coinmarketcap http://coinmarketcap.com/currencies/smileycoin/ says:

Available supply: 24,952,850,000 SMLY

So... the premine hasn't finished yet?  Much confuse.
You are absolutely right, this is a bit sloppy. The premine was a little below 25 billion. It is lost somewhere in the thread above, but the formal premine (which you can find in the source code on github) was "only" 24 billion. Then we also did a small in-class experiment (about 1 week of mining which should give 2400 blocks or 24 million SMLY), so the full premine was 24 billion plus a few million mined during the experiment. We really wanted to do the in-class experiment with rewards before launching, just to know whether we were missing something.

I guess I could have counted the exact number, but it felt simpler to just talk about 50% even though it is actually slightly less (more like 48%).

Sorry for the confusion.
sr. member
Activity: 438
Merit: 250
OP says:

Quantity: 50 billion
Algorithm: Scrypt
Time per block: 3 minutes (2400 blocks)
Block reward: 10 000 SMLY (halved after 7 years)
50% premine, used for student rewards
Annual reward targets: equal for students and miners

So, the premine should be 25 billion?

But coinmarketcap http://coinmarketcap.com/currencies/smileycoin/ says:

Available supply: 24,952,850,000 SMLY

So... the premine hasn't finished yet?  Much confuse.
sr. member
Activity: 475
Merit: 256
We have a difficulty issue again: One or more miners appear to have mining farms which automatically kick in with all their power when the SMLY difficulty drops and then automatically leave when the difficulty goes back up. This leads to the difficulty constantly bouncing up and down by a factor of 4.

So, in accordance with some of the suggestions above I propose that instead of a re-evaluation every 5 days (2400 blocks) and max-change of 4-fold, we re-evaluate every day (480 blocks) and reduce the max-change to 1.3-fold. This gives almost the same target 5-day behaviour (since 1.3^5=3.7) but is much simpler to apply.

Comments?
sr. member
Activity: 475
Merit: 256
Some comments on SMLY economics, following a 2-day workshop on the tutor-web and SMLY in Maseno, Kenya: http://tutor-web.info/news-1/smileycoin-economics/
sr. member
Activity: 475
Merit: 256
Does anyone here have experience with publishing an app in the Google play store? We're thinking of publishing the Android wallet there and would appreciate any words of wisdom.

BTW We're also planning to indicate directly uses of the coins within the wallet, eg by linking to a web page or games accepting SMLY. The point being to give students more incentive: Earn SMLY by studying and spend them by purchasing new levels in a game.  If you have pointers to an open source game which can be adapted to accept SMLY for in-game purchases, let us know.
legendary
Activity: 942
Merit: 1026
The new version of the SMLY wallet for Android has direct links to the tutor-web for earning SMLY and to  an exchange where you can spend them.
 
sounds like great features.
I'll have a look
sr. member
Activity: 475
Merit: 256
The new version of the SMLY wallet for Android has direct links to the tutor-web for earning SMLY and to  an exchange where you can spend them.
 
sr. member
Activity: 475
Merit: 256
There is now an Android wallet for SMLY.

See http://tutor-web.info/smileycoin/download

Please let us know of any problems.
full member
Activity: 139
Merit: 100
c-cex seems to be down. Does anyone know what is going on?

It's up now.  It was only down for a short time.
Hmm. I seem to only get the maintenance message. Can you folks log on?

I am logged on.  I can refresh the page and use the site fine.   I don't want to risk logging off to see if I can log on again  Grin
sr. member
Activity: 475
Merit: 256
c-cex seems to be down. Does anyone know what is going on?

It's up now.  It was only down for a short time.
Hmm. I seem to only get the maintenance message. Can you folks log on?

full member
Activity: 139
Merit: 100
c-cex seems to be down. Does anyone know what is going on?

It's up now.  It was only down for a short time.
sr. member
Activity: 475
Merit: 256
c-cex seems to be down. Does anyone know what is going on?
sr. member
Activity: 475
Merit: 256
One of our summer projects is an Android wallet for the SMLY. Does anyone on this list have experience with programming Android wallets?

Since SMLY is scrypt based, we've been looking around at LTC and DOGE wallets for Android and most of the ones we've found are quite old and have not been kept up-to-date with updated libraries.

Can you folks suggest a good base for a SMLY wallet?

While we are on this topic: Do you have suggestions for (new/additional/useful) features that could be included in a wallet?
sr. member
Activity: 475
Merit: 256
The cryptospecs app for Android  now includes the SMLY. Available in the app store.
sr. member
Activity: 475
Merit: 256
An overview of some development wrt SMLY and tutor-web: http://bit.ly/1H6zirW
sr. member
Activity: 475
Merit: 256
The SMLY and tutor-web are used in education but they are also research tool. The main research proposal is described in http://bit.ly/tw2015-proposal
sr. member
Activity: 475
Merit: 256
We've just put in a proposal to use the tutor-web (with the SMLY) for refugees. The idea is to use the concept of "Educational system in a suitcase" - read more at http://bit.ly/tw-refugees
sr. member
Activity: 475
Merit: 256
The SMLY is now up for voting on a new exchange, https://www.cryptopia.co.nz/HomeAction/Voting 

Please log in and give us your vote.
legendary
Activity: 1260
Merit: 1009
This is a very meaningful project that is well worth your support. Please spread the word!
sr. member
Activity: 475
Merit: 256

OK, i'll let the pool running for a while. But the coin really needs some promo.. Maybe you should come into IRC and talk so some of the Promo-Guys (vindyne8,wigitgetit) etc
Thanks - and will do.

We're in the middle of a promotional effort and would greatly appreciate you folks helping out by re-tweeting anything you see on $SMLY or Smileycoin or tutor-web on twitter. If you look for them, there have been several nice posts, new web pages etc.
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