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Topic: [ANN] Woodcoin [LOG] Pure Skein POW, Logarithmic Release, No Premine nor ICO - page 27. (Read 126236 times)

legendary
Activity: 1066
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WOODCOIN TIMELINE UPDATED

Greetings woodcutters.  I haven't heard much input recently on anything that needs work in our little piece of the crypto forest. 
In efforts to coordinate our efforts I will lay out my current vision of the timeline, so you can tell me where you disagree or where you think we should focus our efforts.

2015 - 2024? -   Accumulate LOG. 

We just want to make sure the network is working well and cruise through this period grabbing as much LOG as we can.  Mostly we are well hidden in the overgrowth of X13/PoS hybrids and other experimental coins all around us.  We just need to make sure we mark out our terrirtory well, of pure Skein proof of work and logarithmic supply increase.  These strengths will eventually emerge.  I don't think there is much need for additional clients or services in this time period.  My intention is to make sure we merge all litecoin networking protocol changes into our most commonly used client, avoiding cruft buildup or any network crises.  I plan to maintain other client forks capable of working with the woodcoin network including a command line only reference implementation.  For good or for bad, we probably won't need to change fee structure or much else until there is substantial transaction traffic on the network.         

2024? - 2034

Sometime during this time range, it will come to light that a logarithmic supply growth is the optimal way to handle the economics of a proof of work coin, and we might suffer additional attention.  It is likely there will be a number of hurdles to cross as exchange commodities based on counterfeiting become less practical in a coin-educated society.  This means that more effort will be focused on hacking coin networks and more transaction traffic will come through our little network.  Skein hash function mining wars are likely to be more intense in the usual ways and we might finally find something out about the proclivity of this hash function to be embedded in silicon.  In the end however it is the economics of woodcoin that will keep us alive.  The only question is whether other logarithmic coins could drive us out of our niche.         

2034 - 2134

Somewhere in this time it is likely that technologies for segmenting block chains become commonly used.  Some sort of full node will need to run without having the whole block chain, and so a segment of the chain can be used.  It is unclear to me just what shape this will take but I hope it will not be a hard protocol change, but something that rides on top of the dumb network.  Self adapting and intelligent coin networks are likely to be growing through this time.  They will have their place but it is likely that a straight PoW coin like woodcoin will still be an important piece of any resulting ecosystem.  Much depends on what happens to BTC in the current era. 

The coin ecosystems will change greatly during these time periods, but I doubt the times will be as tumultuous as the ones we now inhabit.  Depending on how soil science and space exploration advance, we might need to leave the two minute block interval.  A DSA algo change might also be necessary in here somewhere.  ECC looks good for now but as soon as signs of weakness appear it will be hard fork time.     

2305

At this point half the LOGs are released.  Massive worldwide parties are planned including music conducted to synchronized global rhythms, scheduled and continue for a month around the release.  LOG cabins appear on the moon.   

2500 - 1M 

Not much of interest happens during these times, Skein is replaced and coins ride over IPv205 or whatever it may be at that point.   Society has moved passed the crutch of using exchange commodities so coin networks are at this point mostly data tools, more of public databases than coins. 

1M - 2M 

BFL asics arrive. 

2M - 3M

Chains linked with extraglactic coin networks. 

350M

Last LOG is released.  Fees only for choppers from now on, sorry folks! 

   
   


legendary
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Orcs!

As I tell people about my travels in Mordor, it is quite often that they express great interest in the Orcs.  What are they like?  How did you learn the language?  Do they smell bad?  Etc. etc.  So, without further ado I will try to answer some of your questions on those generally Orcish folk.  

Who are the Orcs of Mordor?  

First off, Orcs are not only in Mordor.   They live throughout middle earth.  
No, I'm not talking about the darknet market, and no I'm not only talking about 中国.  Middle Earth in this context is where you are.  Not in the heavens moving about as plasma (that is, unless you happen to be in the heavens moving about as plasma) and not deep in carbonitic chnodrite (unless you are in fact, a rock).    

Secondly, its worth pointing out that Orcs are a new culture.  They are most definitely not an ethnic identity created from thousands of years of geographic isolation.

As you all know, one can attempt to describe a dwarf with physical characteristics alone.  "Short creatures with beards".  Not bad, most of us do fit this description.  However, such a description can fail spectacularly.  There are plenty of Men who match this descriptions, as well as Orcs.  As you know in the Nations of Man, a person might appear to be of Gondor descent but a short conversation will let you know they grew up speaking the dialect of Rohan and in fact are more indicative of Rohan culture than many others who might look like pure Rohan.  Fill in Godor and Rohan with any nations you like, this is always the case.  Culture is not a phenotype.  

None know this fact better than the Orcs.  The Orcs are in fact some of the least racist folks that I have  ever had the pleasure of sharing a pint with.  Anyone can be an orc.  In my travel through Mordor I saw folks that looked like every possible combination of faces I have seen in all middle Earth.  None of them give a shit what you look like, apart from whether you are going to hurt them, or bestow favors or threats of hierarchy upon them.  

How does one become an Orc?
 

That being said, there are few volunteers.  Immigrants are mostly press ganged, or taken as slaves.  Or hired, which in the Orcish tongue is basically the same meaning.  If you are born in an area to which Orcs claim control, they will force upon you whatever Orcish identity and rituals they like, and claim to officiate over who your parents are and what you need to do with your life.  

So what makes the Orcish culture Orcish?  As with any culture it is hard to put your finger on exactly what it is.  Are Dwarves hard working and long living coin holding meisers?  Well we are much more than just that.  Are Men dim-witted copycats capable of occasional works of great heart and beauty?  They are also much more than that.  

Probably the first thing one notes when immersed in the Orcish culture the constant reliance on fear to drive most all activities.  The hierarchical society is mostly driven by violence and the fear of incarceration, forced poverty, torture, etc.  Because the Orcs live their lives from day one (at least day one of Orcishness) like this, they become accepting of it.  They strive to increase their own position seemingly to carry out the same treatment to others, assuming from others' behavior that that is the way to behave.  Those who are able to escape from this cycle generally flee.  Orcs seem to have really gotten themselves to believe that the hierarchy of Orcish society is all there is for them.  

This constant fear of fear, as it were, desensitizes them to fear itself, making them generally agreeable in terms of having a good understanding of life and death.  The lack of what Men might call love in the life of an Orc means that they look for companionship wherever they can find it.  It is quite common to chance in a seat near an Orc, and solely by virtue of this coincidence be the recipient of what could be their greatest kindness they have available.  They will tell you their life story, and be ready to fight that evening defending you.  However, should the tide turn clearly against them in such a fight, you can bet they will disappear or double cross you.  After all, it is probably what happened to them and they will assume you would do the same.  

In the eyes of an Orc, all others are Orcs.  

It is surprising that such a society based upon self-destruction can surive, and indeed it would collapse very quickly if it were not for the influx of new blood, or support from above by wizards, Men, elves, and those who wish to use the Orcs for their own purposes.  

So what of the lanugage?  

Like most on Middle Earth, Orcs speak brief simple syllables conveying meaning, each of which can be traced back to its own origin.  The basic grammar and structure of meaning is too old to trace, many people claiming “ancient elvish” as the basis of all language.  In practice, it seems at first quite easy to learn as it has taken bits and pieces from all those in it's grasp.  There are words of all tongues on middle Earth that have found their way into Orcish.  Perhaps surprisingly, there are a great many who are quite proud of their language and claim to be the ultimate arbiters of its correctness.  Well, maybe that isn't so surprising.  Every language has such claimants I suppose, and in the case of the Orcs it appeared to me these were only the usual excuses from authority to blindly “exercise power”.  In practice, it is a neverending struggle as every Orc has their own dialect.  Well as you computer scientists and linguists know, all the languages are the same.    

Do they really smell?  


Yes.  In actuality it is the smell and the clothing that most quickly identifies an Orc.   It is expected that one wishes to be as repellant as possible, to avoid contact.  This is because contact is generally expected to be of the violent nature.  Clothing also represents this Porcupine mindset, generally being a light armor that one can wear at all times, offensive if possible, a full armor being too cumbersome for permanent wear and anything less being dangerous to ones health.  Bathing, as are concerns of health of most any sort, are generally considered signs of weakness and will be dealt with accordingly.  

Safety Guidelines


If you ever need to move about in Orc country, it is advised to dress like an Orc.  Generally it isn't as hard as it sounds, as long as some weaponry is available.  Just get dirty.  Most important is to maintain the mindset and behavior of an Orc, as this will generally make you invisible very quickly.  Show suspicion of everything and anyone, and general disdain for anything weak.  Provide a clearly false facade of loyalty to hierarchy.  Work for fiat currency issued by whatever Orcish corporation seems to control the land, and feign importance of said fiat.  If you do find and trade in public coin, that necessarily means you are not an Orc, at least for that moment.  If you do hold Orcish coin, you are part of the Orcish heirarchy and are in support of the chain of command which is usually tangled, hidden, and constantly changing.  

Final Comments


As you heard from my previous reports, Mordor has some redeeming features.  Nature is alive, and from it hope springs eternal.  I hope you see that Orcs as well have some redeeming features, being at heart folks just like us.  You will encounter them in the days to come, because as the hierarchies that they imagine organize them crumble, the Orcs themselves fall out the bottom and hopefully find some identity in the process.  Orc is not a race, nor really a culture.  It is more a mental condition or illness which can spread in the right conditions.  

-- funkenstein the dwarf

legendary
Activity: 1624
Merit: 1001
All cryptos are FIAT digital currency. Do not use.
Well I guess you all know the deal. 

If you can build the bigger chainsaw, you're a full stack logger.  After the stealth GPU chopping (chainsaw + silencer?) we will see some public GPU codes, then we probably will see the FPGAs, and eventually the ASICs.  Every successful algo goes down this path, but people are still releasing claims of "asic proof" coins etc. etc.  We are still a very modest community here, with a market cap of 20 BTC or so.     


Well, watching a fellow chopper on suprnova, he's been hitting the 160mh mark. Seeing the amount of workers in the pool, it's either a PHI (which I'd be interested to see) or who knows - maybe a GPU?

If it isn't a gpu or asic, its someone using one of the stratum hashpower exploits.
full member
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\m/
Well I guess you all know the deal.  

If you can build the bigger chainsaw, you're a full stack logger.  After the stealth GPU chopping (chainsaw + silencer?) we will see some public GPU codes, then we probably will see the FPGAs, and eventually the ASICs.  Every successful algo goes down this path, but people are still releasing claims of "asic proof" coins etc. etc.  We are still a very modest community here, with a market cap of 20 BTC or so.      


Well, watching a fellow chopper on suprnova, he's been hitting the 160mh mark. Seeing the amount of workers in the pool, it's either a PHI (which I'd be interested to see) or who knows - maybe a GPU?
legendary
Activity: 1066
Merit: 1050
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March 16, 2015, 09:35:36
Block 100000
Coinbase reward:  10 LOG  to:   WUmGit3iZhyaWUuHYPJTkKVYnBqPKn59AW
Nonce: 1656907264

100k blocks!  Celebration ensues.  1000LOG Reward sent to woodcutter.  

With this milestone we are now at 10 LOG reward per block.  That's 50 LOG per 10 minute interval.   Nice round number don't you think?  

Lets pause and look at the timeline.  Bitcoin is now at 25 coins per 10 minute interval.  When will woodcoin get there?  

Remembering our reward formula:

subsidy = 1000000/nHeight

we can see that when we double nHeight, our subsidy drops in half.  

Therefore when we hit block 200000, we will be at 5 LOG per block and 25 per 10 minute interval.  
ETA is late Aug. or early Sept. of this year.    

Each halving interval is twice as long as the previous one.  That's what gives us a logarithmically increasing supply.  

Milestone logged.  

Thanks for your attention!  -- funkenstein the dwarf


legendary
Activity: 1610
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lol well I should of added

1. going from recollections

2. I use linux so what the hell do i know?

I have:

A10-5800K ~4000K
FX-8350 ~8000K

Both linux with the standalone miner

Wow, nice Smiley  Does that mean you are using a pool or pointing the standalone miner to your own client? 

own client. its not pretty but it gets the job done.

also the 8350 after running overnight is more like 6700K... might have to set up a cron job to restart the miner on a regular basis to get the most out of it
legendary
Activity: 1066
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What is a good speed on a FX-8320?
with the windows standalone miner i'm getting 6750kh/s on 7 cores.

That sounds good to me.  In my experience it was something a bit under 1Mh/s per cpu, down to half a MH/s per cpu on a cheap VPS virualized CPU.    Experienced miners and choppers will know more than I do. 
newbie
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What is a good speed on a FX-8320?
with the windows standalone miner i'm getting 6750kh/s on 7 cores.
member
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funkenstein is the man.

Holding for life.
legendary
Activity: 1066
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Well I guess you all know the deal.  

If you can build the bigger chainsaw, you're a full stack logger.  After the stealth GPU chopping (chainsaw + silencer?) we will see some public GPU codes, then we probably will see the FPGAs, and eventually the ASICs.  Every successful algo goes down this path, but people are still releasing claims of "asic proof" coins etc. etc.  We are still a very modest community here, with a market cap of 20 BTC or so.      
    

Actually the real point of today's post is to let you know there is a new block explorer:

http://altcoinguys.blockexperts.com/log


And a new Windows wallet binary, if anybody cares to test it or scan it I would be very grateful.  

Alt-Coin-Services:
https://mega.co.nz/#!M0ZBHYzA!IRbvOcAWQCnfdVPNQT0ZUsn_JwK0N0MGHRr4GpL-V54
  
Have a good weekend --   funkenstein the dwarf
legendary
Activity: 1610
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Grin
the tree was crossed with the crocodile. Yes.
what a miracle - ant fuck a camel.
let us essentially. when will the GPU MINER?

lol Smiley  Well I saw the hash rate (diff. at ATH right now) and I thought maybe somebody made a GPU miner?  But looking at the pools, it looks like this could just be CPU miners.    

  

i think ocminer is the only one to know but I swore I saw that huge hash on suprnova for a blink of the eye... my money would be on GPU miner
legendary
Activity: 1066
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Grin
the tree was crossed with the crocodile. Yes.
what a miracle - ant fuck a camel.
let us essentially. when will the GPU MINER?

lol Smiley  Well I saw the hash rate (diff. at ATH right now) and I thought maybe somebody made a GPU miner?  But looking at the pools, it looks like this could just be CPU miners.    

  
member
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 Grin
the tree was crossed with the crocodile. Yes.
what a miracle - ant fuck a camel.
let us essentially. when will the GPU MINER?
legendary
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The International Campaign to STOP GE Trees, Dogwood Alliance & Biofuelwatch

New York (29 Jan. 2015) ­– Groups from around the world [1] today joined together to denounce the US government for allowing the first genetically engineered tree, a loblolly pine, to be legalized with no government or public oversight, with no assessment of their risks to the public or the environment, and without regard to overwhelming public opposition to GE trees.

A secret letter from the USDA to GE tree company ArborGen [2], dated last August, was recently exposed by scientist Doug Gurian-Sherman of the Center for Food Safety [3]. In this letter, the USDA made the unprecedented decision to allow ArborGen to pursue unregulated commercial cultivation of a loblolly pine genetically engineered for altered wood composition. These trees could be planted anywhere in the US, without public knowledge or access to information about them.

Gurian-Sherman argues the USDA “is deliberately thumbing its nose at the public” with this decision, pointing out that this is probably the biggest environmental regulatory change in the US since the early 1990s [4].

Loblolly pines are native across 14 states throughout the US Southeast, and are grown in plantations around the world. Their pollen is known to travel for hundreds of miles.

“If these GE loblolly pines are released on a large scale in the US, there will be no way to stop them from cross contaminating native loblolly pines,” said biologist Dr. Rachel Smolker of Biofuelwatch. “This is deliberate, irreversible and completely irresponsible contamination of the environment with unknown and possibly devastating consequences. Forest ecosystems are barely understood, and the introduction of trees with genes for modified wood characteristics could have all manner of negative impacts on soils, fungi, insects, wildlife, songbirds, and public health. And all this for short term commercial profit.”

Many are also worried about the international implications of this USDA decision. Winnie Overbeek, International Coordinator of the Uruguay-based World Rainforest Movement states, “We are greatly concerned that these unregulated GE pines could be shipped to Brazil or other countries without public, or maybe even government, knowledge, further promoting the expansion of industrial tree plantations in the Global South. This contributes to deforestation and affects indigenous and peasant communities worldwide who depend on forests for survival.”

Global Justice Ecology Project’s Ruddy Turnstone from Florida remarks, “ArborGen and the government may think they have won this round, but there is already a huge anti-GMO movement. There are also forest protection groups, Indigenous Peoples, birders, foresters, scientists, parents, hikers, and many others who do not want the forests contaminated by GE trees. A great many of them will take action to ensure these trees are never planted.”

In 2013, when the USDA called for public comments on another ArborGen request to commercialize a GE Eucalyptus tree (a decision still pending), they received comments at the rate of 10,000 to one opposing the industry request. By simply refusing to regulate this new GE pine, the USDA has cut the public out of the process completely.  In 2013, a conference on Tree Biotechnology in Asheville, NC was disrupted for its entire 5 days by anti-GE tree activists, and there were multiple arrests.

The Campaign to STOP GE Trees is an international alliance of organizations mobilized to protect forests and biodiversity and to support communities threatened by the dangerous release of genetically engineered trees into the environment.
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legendary
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win64 miner for those who are interested.

https://mega.co.nz/#!w99BUahJ!yd_3RKQlLb4kzHNl15GMtLqZ1b50K3Rr3WpHwurkiX8
legendary
Activity: 1066
Merit: 1050
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I've also been working on an escrow project, unrelated to woodcoin at the moment apart from the involvement by your humble vertically challenged developer:

2crow.org.

Looking for comments and criticisms so sharing the URL here.  Thanks!  -- ftd

legendary
Activity: 1066
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what is total coin?

block explorer not working

whoops sorry.. while we bring the insight explorer back use multifaucet.tk in the meantime for block explorer.  6.8 million LOG outstanding.

EDIT: about half a million of those LOG have been returned to the forest at address  WeHonorTheForestsAndTheTrees4pPXTQ
Some people call that a "burn" but we don't like that terminology here for obvious reasons.  

jr. member
Activity: 56
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what is total coin?

block explorer not working
legendary
Activity: 1610
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Crackpot Idealist
lol I was wondering why I stopped finding blocks... CURSE you ocminer! ha
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