Topic: 🌱[ANN] SOIL | Environmental | Agriculture | Smart Contracts | Sustainable - page 34. (Read 237622 times)

Maybe we could ask Manfred Karrer to add soil to bitsquare.
https://bitsquare.io/
https://forum.bitsquare.io/t/how-to-add-your-favorite-altcoin/46

as with any ethereum based blockchain, we are presently utilizing a POW protocol for blockchain velocity. ive been watching the work towards Casper on ETH and as soon as it is feasible, we will be switching to a POS mechanism. we will have to discuss our distribution curve at that point, as POS interest rates have to be high enough to encourage people to hold but not so high that ridiculous daily amounts of minted currency that everyone just dumps constantly pushing our valuation lower than it is now. id prefer to offer something akin to 35% APR, meaning that essentially it takes two years for an untouched balance to double. 

i think thats going to be our best bet for forking onto homestead is to implement the UBQ protocol on our blockchain as well. as for bittrex, ive sent them mail wondering whats happening with my enhanced account. ive sent in my documentation twice, so hopefully ritchie clears that up this week and we can get relisted.

So, it's POW or POS coin at the moment? Is there any difference between etherium and SOIL?

Hi,

any news on the relisting on Bittrex?

@abvhiael: is it feasible to implement the mechanism from Ubiq to prevent attacks - until ETH POS is ready?

Seems that the route UBQ followed at least was effective, they were added to cryptopia, guess that if you will update your code to prevent attacks, could hope to be added there too.

Telegram channel is inactive, can't write anything, thanx for all efforts.

Have you thought of using Ryver or something like that?

In setting up the new SOILcoin website (which will be uploaded to soilcoin.altervista.org temporarily until i can figure out how to dump the whole package on the registered cryptosoil.com website) Ive had the chance to start looking into how to increase both our avaliability and our presence.

To that end Ive launched our chatroom on Telegram. (https://t.me/SOILcoin) There are lots of "bots" being developed on Telegram and is someting that we should take advantage of. Ive noted that Zcash has a Wallet bot running on Telegram, for instance... and there are lots of games which we might adapt for usage with SOIL currency. Ill leave it running on my desktop and cellphone if anyone ever needs to get ahold of me desperately right now sorta thing.

Ive also JUST BARELY STARTED figuring out how to set up our own forum, where Ill keep copies of our user guides, FAQs, etc. as well as open discussions for mining, community issues, announcements, etc. So far, the task of SETTING UP the subboards looks like its going to take a fresher brain than I have this evening, but as soon as I have it set up, we will have fresh discussion board available at soilcoin.forumotion.com I'l update the OP with those links as soon as im able.

My aim is to bring SOILcoin and our project more out into the public awareness as much as possible, and hope that these small steps along the way assist us in that.

i love the name of their difficulty algorithm adjustment: the "flux difficulty algorithm". i havent had the time to compare their blockchain protocols to ethereums to understand what they mean, as his explanation states tat both of their algorithms look at the previous block times to prevent spikes and valleys in block difficulty, nless the flux algorithm is looking beyond just the last block? it sounds like a good solution to blocktime issues, and preventing ice ages, but it wont prevent 51%+ attacks on te blockchain. thats measured in hashing power against the system, which is simply attracting more miners to the system, or finding a way to have more official Core Dev mining power against the system. i cant help much in the mining, i have an... adequate... desktop computer with onboard graphics that SUCK. and an issue therein that gives me nothing but grief trying to fire up ethminer. i DO keep my CPU mining going overnight but thats a drop in the bucket, bandwidth wise. i DO look forward to when SOILcoin can be run with a hybrid POW/POS workload, that i think prevents centralization by either mining farms or whale wallets from having control of the system. i dont think that our current POW scheme is perfect, but it was what was available to work with on an ethereum based blockchain when we launched our mainnet less than two months after ETH.

i havent had the chance to really dig too deep into how Ubiq is running, or how that diff algo is working for them, have you been following the project? maybe reach out to them and see how its working for them. what sort of stress tests have they experienced? with a STABLE and responsive difficulty adjustment set, and the retargetting rules naturally set in homestead, i think we may find a better tuned blockchain that may allow some competitiveness for big-data-crunching application development.

i should be done our new web site by tonite. god willing. between march break and suddenly everybodys friend wants a tattoo with a long soulful detailed consultation beforehand...

the process to get relisted on bittrex is a nearly done thing. im presently waiting to hear back about a bit of an exemption to the changed volume (.5BTC day avg over a week) to what it was at before while we get our market back up and running. ive been dong a lot of work showing them that this project is still very much alive, some concepts of things im working towards in the short term.... im hoping we'll know by end of the week, have our order board back up in place.

ive been working on updating our website best as i can around spring break here in the maritimes. entertaining my son when he was 4 was a CINCH. hes going on 7 now, the teevee isnt as adequate a babysitter. ive been working it up at soilcoin.wordpress.com as the cryptosoil.com site wasnt letting me really nuts and bolts edit. of course, wordpress is a bit of a learning curve, thus.. "under construction"

there have been many bad bad irish curses thrown at the computer the last few days over this silly thing. better than the corel website creation software id used VERY SUCCESSFULLY before to build the SOILex website, id gotten things close to where i liked it and the whole thing crashed, taking 8 hours of work with it. i THOUGH id saved it as id gone along. turns out mondays dont give a damn about that sort of thing...


theres several options we can take, and some of them require a level of trust or minor centralization. ive done a fair bit of reading on the situation, and ill tr to have something written up as son as ive figured ot how to kill it with wordpress. having an up to date and position-centric website is central not only to ensuring our relisting at bittrex, but ensuring that we can reinvigorate the brand of SOIL and bring interest back towards the developments and applications we will be making.

read a fair bit today regarding the "decentralized capital" set of solidity contracts that are used to bring stable "digital-fiat" onto the blockchain which is backed by an accounted real world asset set in an account. one of my biggest dreams for SOIL is a commodities index and trade platform, and the idea of VETTED crypto-stocks, and fiat/crypto gateways are an important part of enabling blockchain usage for real world events.

Possible solution:
https://github.com/ubiq/go-ubiq/releases/tag/v1.5.10

Great work abvhiael! I was away from home for a couple of days... As far as I understand we are now focusing on getting relistet on Bittrex as the other exchanges do not support ETH like coins during POW phase. Any chance to vote on Bittrex for SOIL?

End of 2017 is quiet a while to go with POW, is there another option to secure the blockchain as to not getting hijacked by a 51% attack?

this isnt the first exchange response members of the development team have gotten regarding listing at a traditional centralized cryptocurrency exchange. i have to wonder what it is that creates that atmosphere? when the 51% crew was running wild and the collapse of a few ETH-based chains (or at least a reordering), i think that may be why theres an adversity towards accepting dagger algo currencies onto exchanges. ive resubmitted our package to bittrex, now that i have enhanced identity verification.

ive been diligently working on a new and uptodate working website for SOILcoin, and after a few hours of banging my head against the table, its finally coming along smoothly. i hope to have it finished for tomorrow, at least the basic bits of it. i have a new hatred for WIDGETS. but will try to at least find relevant ones.

i hope everyone is having a decent weekend!

Ive read a fair bit about the Casper protocols, and id rather wait until after ETH switches over and deals with the likely bugs to the system, or at least deals with the eleventyseven million questions everyone will have, and why theyre not staking blocks and...and...  etc ad nauseum.. *BUT* Proof of Stake would be the truly responsible direction for SOILcoin in the simple idea of energy savings to keep the blockchain in motion. ive loved the innovations on some of the hybrid Pow/PoS currencies, but being most of those also maintain a "naive Proof of Stake" they dont trly address potential attack vectors.

i do like the idea that a malicious attack against the blockchain would cause the loss of the attacker's staked currency, although i havent found out exactly where those penalized funds go, either to a burn address or an equal redistribution among participative wallets perhaps? anyhow.  the time required to set up enough wallets as security deposit holding stakes in order to force an attack on the chain would be too costly to implement, and likely far too time consuming to keep up.

buterin had projected late 2017 as the release, but from what ive looked at with the protocols they seem decent. the parameters in Casper4 have 7 second block times, which would be near instantaneous transaction throughput, and what works out to a 4.5% APR which is sustainable (humorously enough, it works out to 0.01234% daily). ETHs current monetary (supply) inflation rate is at about 18.8% annually.

those sorts of block time parameters would be very beneficial to SOIL, although i do feel we would also benefit by offering a higher APR to increase supply, as i think ANY changeover to PoS would be received with strong positive market momentum. the question there becomes what makes a PoS currency attractive, and for which reasons?

high interest paying PoS coins supper from eventual hyperinflation which drives the price down (not that SOIL couldve gone much lower than it was at delisting) and im absolutely positive that we'll see more than a few ETH clones pop up after the advent of the Casper protocol advertising near-HYIP level rates. all theyd have to do is move the block interest rate from 0.000001 to 0.0001 and theyve created a currency with 450% APR.  

even decent sounding rates of 72% APR (wherein you double your principal in 12 months) would create a massive oversupply. with SOILcoin, we are actually somewhat blessed to have a small circulation of currency that is entirely in the hands of the public. even a high rate of interest (although im not suggesting anything like either of the above examples) would not hurt SOIL if we dont adhere to the original 33million SOIL hard cap.

our current steady distribution model of 1 SOIL per 12 second block produces an average of 2.6million SOIL per year (when the blockchain is running smoothly, and avoiding "difficulty ice ages" which our mainnet homestead switchover should alleviate) is about 50%. we could maintain that sort of level (say 45%) of supply inflation (or 228day avg balance-ROI), which would actually appear more attractive to investors.

anyhow, our switch to PoS will be something i hope the community embraces when we have the opportunity to do so, but i do think we have to have some good discussions behind the economy of doing so, and getting out on the exchanges again is a higher priority. its a shame that novaexchange precluded us based on the mother-chain protocol, but hopefully we will have a presence via an android p2p exchange (something similar to coinswap) and multi-wallet platform very soon. not QUITE an exchange but still the opportunity to divest of SOILcoin into other cryptocurrencies or the other way around. ive been speaking with the developer of one f these projects and as they already maintain ETH on their system, adding us wouldnt be much of an issue. hoping to hear back from him this weekend. we remain somewhat hampered tehre by the lack of traditional centralized market presence. ive emailed ritchie from bittrex again, as our wallets are still functioning with bittrex, and the chain is running. hoping he  might allow for a smaller daily average volume to begin with for us, something along the lines of what was in place previously (0.2BTC/day over 7 day average).

It's probably good that this coin isn't listed. PoW attacks can happen and exchanges robbed. There could be a really good future for this coin if it's able to switch to PoS a week or more before Ethereum switches over. Then once the network is working securely, open trading back up on bittrex.

Casper proof of stake consensus is the future. PoW works better if there is only 1 biggest chain with all the PoW security behind it. Smaller coins are better off using PoS. It's actually the best way for this coin to proceed.

Please vote!

Unfortunatly 0.1 BTC balance on c-cex required for voting.

https://c-cex.com/?id=vote&coin=soil

 

ill try to clean up the formatting of the text blocks.   i can also look into the proper ROKOS graphics and links to show our involvement in that project. (ive been looking at the same teams "MyGeoMall.com" crypto-run auction site, and the Pioneer altcoin exchange they have just gotten up and running, which might also be good fits for SOILcoin.)

the projects listed in a tentative roadmap can be updated as potential projects for the Foundation to work on as time and technology permit. many of those, using project models on ethereum may even serve as tokenized forms of monetization towards the community fund. once we're up and running smoothly again i can start looking into those one at a time.

i have to rebuild a host for SOILex, and will launch a new and clean instance of that. as an on-chain p2p direct subcurrency exchange with the built in BTCrelay, its an invaluable tool for what is turning out to be an important fixture on ETH-space blockchains. with the format of the relay, it should also be simple to adjust the parameters to relay a light client blockchain for ANY sha256 algo currency directly onto the SOILcoin network. the relay contract costs gas, so ill think about some way to monetize the contract address for setting up the BTC light chain again. i was FUNNELING SOIL into the relay when i was testing it previously.

if you get a chance to get those credentials for me on the community website host, ill get the website done by the weekend. the OP looks much better now, though, without all the broken links. mercy buckets!!!

that sounds perfect, considering valuation and lack of exchange presence, presently. 244 votes remaining (i just voted again... smiley emoji thingy) so 2400 SOIL +1200 SOIL if conditions are met correctly. i think thats a perfect use of the community fund.

is there an opportunity to fine tune the "more info" data on novaexchange. id think thered be an chance to link into the altsheets block explorer, which would give the proper coin supply (approx 3.5 million, not sure if the reading at coinmarketcap reflects a snapshot of market disconnection and theres been mintage since then) and coin cap (set at 33 million SOIL)

i wonder if the bounty payout couldnt be structured into a smart contract? (laughs) prolly not in time anyhow, but im always trying to find ways for stuff like that to be worked into the blockchain. like the need for a post-it dApp to take the place of the forest of sticky notes attached to my monitor... or just to make room for MORE of them. what sort of proofs would work? just a screenshot showing the uptodate vote count posted to here or to twitter?

ill craft a tweet in the morning for the bounty.

OP updated to have at least correct links. The OP could use freshening up - I'm stuggling with OP design - Would be a good bounty topic?