Topic: [ANN] SMLY- smileycoin - for rewards in education - page 4. (Read 77288 times)

I've fixed it on pool side.

Thanks, smile on

Thanks for the note -- working on it.

your chain is stuck now 26h+

2020-08-01 20:37:09 ERROR: ConnectBlock() : rich address not getting paid correctly

But the pool gets the value from getblocktemplate so whats the deal?

Cheers

As everyone here knows, SmileyCoin has been used quite a bit for charity and education.

The Smiley Charity and Education in a Suitcase receive SMLY from every generated block, in the form of 10 income streams. We've talked about how to use it: The African Maths Initiative and UNICEF will receive some of it in sub-streams to be set up and automated.

We've also talked about possibly using one stream for Universal Basic Income. This could be really neat, but the problem is that you can't just print money for UBI -- it needs to be a part of a circular economy, something like UBI->purchase->tax->UBI, whatever "tax" means.

The SmileyCoin Fund receives applications for grants in SMLY. One grant has already been accepted: Refilling the tutor-web wallet for rewarding students for their studies.

It is time to consider the next step: Should we try to use (some of) the Transaction Fee to test a UBI economy, possibly supported by one of the 10 income streams?

Proposed implementation: Take a version of the wallet and modify it so that the TxFee is split up and sent to a bunch of UBI recipient addresses. Do this in a few iterations, starting with just a handful of addresses, then move on and have the addresses coded as UBI-addresses into the blockchain. Eventually figure out a registration mechanism.

This is neither a fork nor is it mandatory: It is just a subgroup of people who mine and send the TxFee out as a UBI. But this subgroup will probably insist on fees of at least 1 SMLY per Kb in their blocks and movements using UBI addresses 

Comments are welcome as always.

The scrypt blocks are returning an error about an "EIASAddress," ...

I looked into this and it was decided to discontinue the coin due to low-quality daemon software.

This lack of testing on the part of the developers is unacceptable.  Real people's livelihoods are at stake here, and that was someone's salary for the day.

... and the daemon wasted over $100.

Prohashing seems to assume that the coinbase is the same as the miners' reward, which it is not the case for SmileyCoin. The word "Block reward" is used on your page, and shown as 10 thousand SMLY. But the miners' reward is only 10% of the coinbase.

It may not be as profitable as your calculator implies (apparently still very profitable, just not this much).

Prohashing (https://prohashing.com) recently added Smileycoin for mining and payouts.

what does that mean?

AFAIK there is no SMLY mining pool.

What pool are you using?

Have you tried to read the postings above which tell you how to mine SMLY -- with no pool?

The coinbase needs to be split in accordance with the wallet's rules. Only 10% become the miner's reward and the remaing 45%+45% need to go to a specific set of addresses, as donations and dividends, defined in the same way in all wallets.

i tried mining some smiley (not using that pool, but my own mini pool) and all the blocks i found were not accepted by the network.
what mods are needing for mining pool software?
is it simply some percentage of the block reward payable to some charity address (like a pool fee?)
if so, what amount and to what address?

thanks!

I am almost certain that this pool does not work as a SMLY mining pool. Note that their pool data seems to indicate that there is no mining for SMLY.

They have not been in touch -- and the pool software needs to be specially modified to accept SMLY.

Just use solo mining.

pool does not work wasted lot of hash's.....any other pool?

Looking at the pool output, they now seem to be mining SMLY -- and they clearly know that the miner's reward is not the same as the coinbase.

Please let us know if this pool actually works for mining SMLY...


pool does not work wasted lot of hash's.....any other pool?