Topic: [ANN][0.8.6] Hirocoin - X11 - NGW - Secured Blockchain - Time Warp Limitation - page 64. (Read 271652 times)

WOW! How nice is that?
I received an UPDATE NOTICE from inside my wallet.

This is good news and the way to go.
Will you make it a total silent update?
Like "A new version of your wallet has been downloaded, your wallet has to be restarted to install it.
Do you want restart your wallet now ? {Now,Later}"

On Chrome (and with wget) the download failed though, I think because of a certificate mismatch between your host and Cloudflare.
Probably better to move the download section outside the ssl domain.

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Litecoin also #2

Holding the bags, not too terribly concerned.  Sure, wish I had bought at a better price point, boo hoo, poor me, LOL.  Thanks for the continued effort, and making sure the coin itself is really good.  Over time (which seems an eternity in "alt years") call me wacky, but I think especially when the knc's hit, this is where people are going to put their effort.  If I'm wrong?  So be it.  No guts, no glory.  As for cr@psy, "nothing to say."  Agreed.  Vern will do it when there's a buck to be paid, bless the team for not caving into the usual "listing" extortion under bogus pretenses.  We all know vern is going to buy a farking' truckload, then list the day after he's done buying them.  Not a day before, not a day after.

Me too. Appreciate the time you took to answer the questions.

I want to make a distinction here: Community members getting worried, frustrated, or confused and voicing their quandaries isn't the same things as spreading FUD. I think labeling anything less than positive as instant FUD is dangerous and unfair, because it's the equivalent of the notion, "you're either with us or you're against us." That doesn't work well in international diplomacy, and it certainly doesn't work in a close-knit community like this. I think when Hiro miners/investors get to a bad place and speak out, it's not with the intention of ruining the coin - that wouldn't do us any good. Our comments may not come out smelling like roses, but the intent is to challenge the Hiro Team for a candid dialog and some answers. It's all together possible (and even reasonable) that our requests may not be in line with what the team has in store, but then it's a matter of swiftly telling us what you *do* have in store and helping us make sense of what we're seeing out there. You did that in your detailed response, so again, thanks for putting forth the effort.

+1

Also does anybody think 672m total supply is a bit too much?

It's a good response, thanks. I will leave it at that.

Edit: OK, I will say that I'm convinced these guys are serious.

First of all thanks to all of you for taking the time to ask all these questions. I know you all have invested money and time in Hirocoin, as well as the cost of opportunity (  you've chosen to follow this coin instead of others ! ) and we really appreciate that. As well as your continued support. You're an awesome community.

I didn't answer all questions because I think my answers cover all of the important ones. Please ask again if you feel I missed something.


1 Our main objective right now is threefold.
    

• To spread the word that Hirocoin is the new home for GPU miners. Since all of you are probably sick of me saying that by now, I think marketing that has been pretty effective.
• To make Hirocoin the most secure coin possible. The recent addition of NGW is a prime example of this. NGW is cutting edge, it makes does a great job in lessening a major vulnerability in KGW. Nite's fix limits the most extreme changes in diffulty by a time warp attack possible. Here's how : What an attacker can do is generate a series of blocks with future time stamps with very little spacing between them. By doing so, the attacker can pump up difficulty by a massive ammount. This fix sets a minimum for the space between these spammed blocks of 1 second where in the past it could have been 0. Further measures are debated as we speak
• To build a solid foundation to grow from. We have hired an external coder to develop an Android wallet, and both Hiro and N00bnoxious are working on strengthening Hirocoin infrastructure. We have a policy of not revealing what we are working on until it's clear that it will be of high quality and comforms to our standards of safety. We have an outstanding bounty for an Nvidia miner as well, and will start other projects soon after these are completed.

When we are ready we're going to launch a serious campaign to go for merchant adoption and encourage useage for the general public.

1.1 We're fine with the exchanges we have now. Our top two exchanges, Poloniex and Mintpal, are wel run and have good volume. Since I don't want to say anything bad about Cryptsy, I'll leave it at that.

1.2 Your not seeing much activity, but it sure is active in the team. We were working on doing a lot of testing on NGW, and I'm recruiting new team members, talking to coders, etc. Like I said, we don't believe in making big promises or pumping. This coin will gain popularity because of it's own merits, not empty promises. We'll post news when we have it No websites with timers on the front page or, god forbid, price forecasts.

1.3 Someone posted "Is this coin dead" ! Maybe you should take a quick look in the speculation forum in the main bitcoin board. People panic. Most of us are addicted to incredible % gains on a daily basis, but this is simply not sustainable in a downtrending market.

2 "Why should we have faith that this recent downturn won't continue, like it has for 95% of all other altcoins?" I'm not telling you you should have faith. We can not and will not make predictions like this. All we can do without lying to you is promise to work on our objectives every spare moment of free time we have. And I promise you this. Ask my wife. PM me for her email adres

2.1 Yes, other X11 coins will come. No offence to any X11 devs who read this, but I expect the majority of them to be rubbish. Why ? Well, just look at 90% of Scrypt coins being launched. They are either amateur copy/paste coins with a meme or gimmick slapped on, or they are blatant scams that burn brightly and fade away in a matter of days. We are part of a select group of dev teams in the altcoin scene that really want to build something awesome, something lasting. The community at large will see we are serious when we keep working our buts of even in times where our coin loses market cap. We're not going to disappear and launch a new coin.
These objectives have to be completed when all Scrypt GPU miners are banished and come looking for a new home.

2.2 Something more needs to be done for you to keep believing in this coin ? Then I have to ask you, what is this belief based on ? The wishful thinking that your investment would multiply 100x overnight ? Or is it something more realistic, like slow but steady growth, possibly to become one of the top coins ? Tell me what this something is, that you need. Better yet, come to our forum at Hirocoin.org and brainstorm about it. We'd love to have you there.

ibfragalot, my man, I hope I answered all your questions there. I'm not being super formal here, I hope you don't mind the tone. I think being respectful often means : not talking down to someone and being direct !

Ok. Next up :

Equalizer. No matter what your intention, you raise points that other may only be thinking and not saying out loud, so I want to sincerely thank you.
I'll quote the questions and remarks I believe I didn't answer to yet in my reply to ibfragalot.



I'll give you the benefit of the doubt and not assume you mean pumping this coin. What kind of drama would you like to see ? What kind of awesome promotion do you have in mind ? Give me a nice proposal and if I like it I'd love to help you organize it.


I think you are a bit confused about cause and effect in this case, with all due respect. Price is going down. True. Please take a look at the average first few weeks of 99% of altcoins, especially ones that have been launched in the last 4-5 weeks. Do you notice a similarity ? With very few notable examples, this is a what always happens there's an initial price spike because a coin is new and exciting. When the ADHD attention span of the herd of miners and investors kick in, they hungrily look for the next coin, and stop mining and sell of the "old" one. And that short cycle repeats.

This dumping is almost impossible avoid. It can be done reversed in two ways :

• A massive pump engineered by bagholders
• Showing that the coin has actual value in some way

We are working very hard to accomplish the latter.


Hahaha, nice metaphore  

The thing is, there's only so much we can do. The community has to pick this up. Guess what, dear Equalizer, that means YOU. The fact all of you are in this thread probably means that you wish us the best and want to see Hirocoin succeed.

If this applies to you, please use your talent with words in a positive way ; write FOR Hirocoin, instead of letting Fear, Uncertainty and Doubt rule you.



It doesn’t matter how many people don’t get it. What matters is how many people do.


I believe this is a textbook example of FUD, spread by people who have considerable investment in coins that are threatened by X11. I have not seen ANY proof of this. Also, I've heard from highly skilled coders that optimizing the X11 miner would take weeks of work and you'd need to pay huge ammounts of BTC to the few coders who could actually pull this off. Until we see proof, it's pure speculation. Impossible to disprove, and unfair to the Hirocoin team responsible for.

Inactivity ? Lack of engagement ? Hirocoin has been launched for a little over two weeks, has a twitter account with 755 followers and an avarage of more then 4 tweets a day. We have a forum, a newsletter, a reddit and facebook page, and we've been active in this thread almost every day. I'm available by PM and Skype to whoever wants to talk to me.

How many coins are run by small teams who do that ?


Ha, I see that while I was typing many other replies have been posted. And I see Equalizer has offered his help. I can go to bed with a smile

Okay okay, can we get past who's on first or what's on second and just agree that the point all along was that Hiro isn't the only X11 coin? All good?

It's strange to me that our questions continue to get ignored. It's great to hear about dev enhancements, really really happy about that. But can someone directly address the questions raised during the last 24 hours? It would go a long way in terms of keeping the faith, assuming this matters to you.

And to those who call people like us whiners for raising concerns...couldn't be happier for you that you're satisfied with the information you've been getting. That does not mean, however, that everyone else should blindly follow. Whether it's here or on the Hiro forum, the Hiro Team should invite regular sniff tests by its community since they can't be everywhere all of the time nor can they put themselves in our shoes. They should value our insights since we might be able to open their eyes to dangers or sentiments they hadn't realized or considered. A strong team wants the community to pipe up when something doesn't smell right, because they will want to appropriately, comprehensively, and publicly address it and improve upon it. Telling us to keep quiet or not answering our questions only raises greater suspicions.

And if our questions or concerns are silly or stupid to you, or they've already been properly addressed and we're simply being difficult and obtuse, then heck, it shouldn't take any time at all to answer them, shut us up, and move on, right?

Chain coin is technically number 2, they did change the order of the hashes but they are exactly the same, since i was able to fix the miner from darkcoin to mine chaincoins, by moving the call for 1 algo 2 steps up..

That was poor sentence phrasing on my part. Yes, of course DRK came first, and when Hiro came onto the scene it was #2, and now there are newer coins taking on X11 (newer than Hiro).

Not to bash anyone, but X11 came first with darkcoin, and later appeared with other altcoins

You see guys....
The devs are hard work making the coin better and more secure.
Now stop your whining.

hiro.altmine.net P2Pool

* Updated to latest wallet.
* Dedicated servers in Europe with DDoS protection.
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* Instant payouts when blocks are found.
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We have now verified that Nite's Gravity Well is the best available solution for the time warp vulnerability discovered in the Kimoto Gravity Well. Whenever improved security is available we will incorporate that into our client to make sure that no other crypto currency is more secure than Hirocoin. We put security first to protect all users of our crypto currency. We aim to be the first choice of coin in X11 for miners, merchants and users.

To update please download and run the installer from the download page on the Hirocoin website here. The Mac and link to the GitHub source are also available from the same download page. You must update by block number 55,959 which is roughly on Monday 14^th April.

Don't worry, HiroS and the rest of the development team have been working hard to improve the coin. I just built and installed a block explorer for them, and the new client with Nite69's KGW fix (being referred to as NGW) is now ready for download on the main site.

We're all going to be working hard towards a great future for the coin, and anything anybody can contribute is hugely helpful!

There seems to have been huge demand for a mining calculator, so I'm in the process of building one which will be prominently displayed on the main site. We're very focussed on making sure that the main site is your one-stop-shop for all Hirocoin information, software and needs. Come join us on the forums and make any suggestions you have - you guys are also a huge part of the driving force behind this coin, so we really want to hear what you guys would love to see in the coin. Our dev team is growing, and we're in a place where the future can really be bright if we all work together. I'm not meaning to pump the coin unnecessarily here at all, because we really don't want to turn into yet another pump/dumpcoin.

If you love HIRO, and see as bright a future as we do, please get involved. It's easy to miss posts when everything's here on the bitcoin talk thread sometimes, so by all means come shout us over on the main site to get even more closely involved in our future!

I agree with you. Like you said things are moving really fast here. To go up or down. Just 10 days since the pump. I m not worrying because 10 days isn t so much and they have their life going on, like ours. I sincerely hope that they don t think that all is won because of the strong start.

For X11 and the summer you are absolutely right. The main point was for X11. At the time, there was just DRK and HIRO. I m sure many more will emerged sooner. Let see what they have to say about that. It s helping when the only concern is not that the price is falling and miners cannot dump the coins on a daily basis...