Topic: 🌱[ANN] SOIL | Environmental | Agriculture | Smart Contracts | Sustainable - page 78. (Read 237628 times)

I've corrected Suprnova's Payout per Block now but please move over to the official pool, i've had the red message on the pool for quite a long time already.

thanks, oc

in order to hard code the 60second block time into SOIL we are going to have to hard fork the currency. we will do this on block#320000 (we are presently on block302427) so the fork should be monday or tuesday. the updated packages are available from the OP for windows and mac and the github repository has been updated as well. it seems as though it is indeed an inherent flaw in ethereum that leads the block time back to the original setting of 15seconds by default, so we're doing this the hard and permanent way.

ill fire off a message to ocminer tonite regarding the payouts at suprnova. and will continue to update here as we approach the fork. let me know if anyone has any questions. hopefully, this will be the last fork we will need to do on the system for a long time, at least until we switch over to proof of share when that sort of updated algorithm becomes available.

we've spent the evening testing it out on a testnet and it worked perfectly.

weve also been testing our contract toolkit wallet and the earliest version of our SOILhosted exchange, so watch for those developments to come online within the next couple weeks as well. lots of little pieces to work into the exchange but we've got the basic architecture built and are playing around on it right now.

We need to contact suprnova guys asap. Seems like they are overpaying. 

we began the halved block reward at block#263707. if you check via our block explorer (explorer.soilcoin.xyz) you will see a total minted amount of soil on block#301563 is 2261080 SOIL. this corresponds to (263707*+(37,856*4) = (2,109,656)+(151424) = (2,261,080). im not sure WHY suprnova would be continuing to issues block rewards of 8SOIL when they were well aware of the change to the system, and facilitated the switchover very quickly. do the deposits from suprnova to your account reflect this? our SOIL-hosted mining pool reflects the proper payouts, and blocks i have solved using this pool have lately resulted in a reward of 3.7SOIL, as opposed to the 7.7SOIL i received prior to the parameter change.

as for the targeted block time, we did implement the change to 60 seconds thru the soft-fork when we changed the block reward. i have seen the average block time up at 35 seconds and then have seen it, as of yesterday, back down to 19 seconds. peter and i have been discussing this at length and attempting to find the reason behind this, especially when one can see the difficulty algorithm has dropped again... what will likely be necessary is to take the same course as the EXP team did when confronted with similar issue and conduct a hard fork in order to set the proper block time in stone upon a new chain. the likelihood is that this is an inherent flaw within the ethereum platform itself. we will make announcement very soon regarding what change we will have to make if indeed a hard fork is necessaery.

soil.suprnova.cc still pay 8soil per block

I checked http://explorer.soilcoin.xyz/
4 SOIL reward and it takes some time for a new block so I think it is ok now

Any comments from abvhiael ?

If it fork - Bittrex and suprnova on it 

Fork?

BEST BLOCK - 300159
BLOCK REWARD - 8SOIL
BLOCK TIME - 17
 

So, when new mining rules will take effect?

in other news.. with a rolling supply figure available thru our explorer, we now have a more featured expression on coinmarketcap.com, listed as #243 with a market capitalization of $10,815 USD based on our current valuation of $0.003370 USD (total supply, including reserves, of 3,209,188 SOIL) and a 7-day value change of +79.89%. keep that momentum going folks, and we will, as always, keep the developments rolling out.

a great article, which is really quite relevant and related to the SOILcoin project:
https://medium.com/@InnFin/blockchain-predictions-for-2016-238bda7d0752#.zb90h799g

i think some of the predictions are very important.... data STORAGE on the blockchain, possibly thru the use of merkle trees where the hash of the lead chunk of data is held on the blockchain, with sharded data retrievable thru the contract; or by porting something like Storj or IFPS onto the platform as a complex "smart contract" where the renting out ones unused harddrive space can be used to incentivize this, especially where we are seeing 1-2 terrabyte drives becoming more and more affordable and accessible. as smart contracts become larger, and we move towards such projects such as GIS map data storage and analysis for smart farm management, this is one of the sorts of things we will need to focus our energies on in the coming year.


i think the above neatly describes what we are trying to do with SOILcoin, namely "extending" the idea of Ethereum from a sandbox of unrelated DApps into something that, as is later mentioned in the article, serves "industry consortia". we have, from our genesis, envisioned the blockchain and encompassing programmatic environment as something that would provide solutions to an emerging market with massive forecasted growth potential, something that already has been migrating itself towards cloud computing and experiencing massive costs related to that. as a business model, providing the SOIL blockchain towards this, at what would be essentially 95% cheaper, it will wind up making good business sense to use our system as opposed to something subscription driven like microsoft's azure rendition of the EVM.

of course, with a lot of this, another point in the article comes into play... "data security" which we can provide in a "cryptographically secure" way, and i think the evolution of the Distributed Applications we are using and building will work themselves naturally towards that, ensuring that while the EXISTENCE of the contract on th eblockchain is public, the data therein, is only accessible by certain "subscribers"

ive stated from the beginning that we see SOIL as something so much more than JUST a speculative cryptocurrency traded on the markets, and why our low valuation isnt very bothersome right now. when buterin explained how ether wasnt a currency but a fuel for the contracts, it made a lot of sense. and of course, with low valuation, *RUNNING* those contracts on the SOIL platform will be very cost effective. i remember reading, soon after we launched, that i seemed to be disregarding the miners, that i didnt care.. which isnt the case... i view the mining and currency trade as the engine that keeps the network "vehicle" running, but ive never viewed it as the most important part. SOIL is about the smart contracts and the platform with which to deploy them on, and thats why ive encouraged you, the community, to get involved with that, to get your fingers dirty with them. a capable DApp development, deployment and interaction mechanism will be important to those ends, and is something we should have an announcement on regarding a toolkit for in the coming week, as this is essentially in the testing stage as we speak.

we need to start "recruiting businesses / clients / organizations to the network and we've been working on that, communicating with industry representatives and introducing them to the idea of the SOIL globally realized programmatic network. these things take time to filter out of cryptocurrency into the real world, as the ideas we are working with are so brand new, so disruptive and revolutionary.

the last point made in the article is something ive been talking about here and with others for awhile, the idea of cross-chain technology, and whereas my focus to start is in relation to the distributed SOIL-hosted exchange, which i continue to work on a piece at a time, its something that will enable us to scale towards communicating with other network subsets as well as other altcoins. i have had interesting conversations with other players in the cryptocurrency world regarding this and how it might be implemented, either with a intermediary blockchain or something similar to shapeshift, converting other currencies into fuel for the SOIL machine.

the challenges there have been many... not just cross-chain inter-connectedness, but in pegging tokens to the drive real world prices (for the sake of the SOIL exchange, the hard and soft commodities), and enabling the trade, on chain, between SOIL and other currencies.. whether they be similar algorithmic blockchains such as ethereum, shift and expanse... or other altcoins that "fit" into the essential message of SOIL (EnergyCoin, GAIA, EarthCoin, Greencoin, etc) as well as user-created tokens... theres a lot of working parts that need to be set in place to make it work the way i envision it, and im thinking we're a few months out from that, but we are constatntly looking for solutions to implement to take us steps towards that...

we ARE at the forefront of a pioneering technology, and we are here at the very outset of it, and for those of you who have been with us from the very beginning, or just jumping on board now, enjoy the ride. we are building something very special here, and a mere two months into our system, we are already making consistent progress towards our goals.

While they dump I scoop up. Let them dump, more for us.

What to do with this:
I sent 144 and 216 soil coins and coins are not even on bittrex or wallet. Tx: 0x00404cfa7a8af9e7f228e795f20c1d1bbdb5083ccb4e47fbccf0c6490c914011
Tx: 0x88c6d1e191914c356575eae94312fec67b4cd8f307c67064e42075a1a6ed8fdb
Thanks.

It's already running the new block time / reward?

There's still too many dumpers btw.

you'll notice that MANY coins have crowdfunded developments such as the block explorer. in this case, the crowdfunding was iniated by the developer of the block explorer, searching for incentive beyond what we, the development team, would pay towards implementation of such. the other crowdfunding iniative, found at https://www.btc-funding.com/campaigns/5658e2b2069f95ce56000005#/info is an endeavor to raise the capital towards swift inclusion of SOILcoin on coinpayments.net, which would speed up our retail integration. using the community fund of SOIL to create 2BTC would require nearly empying this development fund.

as the development team, we are working hard on new improvements and have been implementing these augmentations generally on a weekly basis. as we are a young currency, many of these developments are basic user-experience applications to enhance usability of the SOIL platform. the framework DApps are being created in the background that will enable the large scale applications to be deployed which will bring us steps closer to the service model we have set from our genesis.

bear in mind that we had no initial funding drive, nor have we have set up any corporate or third-party capital investments at this point, and we do not take a wage for the work we do as other altcoins do (such as the ethereum team). there are situations that for evolution of real world assimilation (retail usage implementation, etc) which require these sorts of financing. for the community, retail integration of SOIL is a leap forward to realization of positive market valuation.

personally, i see the positive responses to altsheets' personal funding drive for his block explorer development as a sign of a committed and involved community. we may have a small community FOR NOW, but we also have a vibrantly engaged community.

as a development team, peter and i remain very communicative with this society, posting regular updates and remaining very engaged with the members. there are short periods of time where real world commitments take us away from the coin, such as my silence over the last couple days due to an active search and rescue operation in my county where i act as a search director.

 




      

All the pledging and crowdfunding talk really makes this coin seem bad!

Thanks a lot, Mark Zuckerberg Dimid croxx crypto4jan NextGenCrypto - great, truly great. Thx.



Current total: 9001 Soil.
Who else?
what & who is this about?



I suggest Abvhiael as an escrow for this crowdfunded bounty.

OOPS

I thougt is was for this project:
I shall ask Richie to send it back to me or directly to the community project.
What is the SOIL addres for that project?