Topic: [ANN][1CR] 1CRedit Coin Relaunch - page 20. (Read 290038 times)
Any improvemebt soon I see dev not online always
How many coins are in circulation?
How many coins are in circulation?
http://www.1creditcoin.org/
https://prohashing.com/explorer/1CRedit/
1 coin per block
Current block 46,260
...46,260 coins
At 0.0003 btc on Poloniex, current market cap is about 13.8 btc.
http://coinmarketcap.com/currencies/1credit/
They don't list market cap because there is not a dedicated page that shows total available coins.
Very honest scrypt coin.
There are not a lot of these
Sorry about that, went to put a proper title and fix a few bolding mistakes, but this forum doesn't allow me to delete my own post apparently.
Coin looks extremely cheap, is there a block explorer and a dev who fixes the wallet?
That would be huge, to be traded at Poloniex.
But they'd probably bury 1CR somewhere near the bottom of the alphabetical list, and it wouldn't be very noticeable.
But they'd probably bury 1CR somewhere near the bottom of the alphabetical list, and it wouldn't be very noticeable.
euh?
It IS on poloniex: https://poloniex.com/exchange#btc_1cr
That's where I bought my stash. Are there other exchanges where 1CR is trading?
That would be huge, to be traded at Poloniex.
But they'd probably bury 1CR somewhere near the bottom of the alphabetical list, and it wouldn't be very noticeable.
But they'd probably bury 1CR somewhere near the bottom of the alphabetical list, and it wouldn't be very noticeable.
The new exchange where there is one?
We keep trying to convince Poloniex to add us, but no luck so far.
The new exchange where there is one?
We keep trying to convince Poloniex to add us, but no luck so far.
The new exchange where there is one?
Thanks!
Does anybody know the total current supply?
With 1CRedit that is easy to compute. Look at the current block number. 1 coin per block, no pre-mine!
Does anybody know the total current supply?
the coin has fallen dramatically in price - you need to do something
Something strange with coins - after 1 hour, with 100MH/s - mined only 3 1CR (tested in two pools). Estimated coins 810/day. This is bad pools, or coin?
I spot checked the seed server this morning and we are above minimum difficulty, so it should be averaging around 8.5 minutes/coin. Note that can swing a lot due to the relatively low number of miners.
OK - per the log, we are vacillating a bit. Apparently we had a "hard" block around 8:30am UTC that took about 5 hours, but its been churning nicely since. Current block number is 33397.
Remember that confirmations take about a day, so a few hour hickup isn't anything horrendous.
Update: Finally replaced a Pi that fried its SDHC card and have a pair of Black Widows back online crunching against 1credit. That adds about 26MH/s to the network, which should help a bit.
Something strange with coins - after 1 hour, with 100MH/s - mined only 3 1CR (tested in two pools). Estimated coins 810/day. This is bad pools, or coin?
Any idea why my transaction from poloniex to my wallet isn't confirming?
51b3937173418509929bcd7c85978118e8e8fe1b186bd989cb0ce48b3d21e82d
51b3937173418509929bcd7c85978118e8e8fe1b186bd989cb0ce48b3d21e82d
lol now it jumped to 15 confirmations. Strange :p
Any idea why my transaction from poloniex to my wallet isn't confirming?
51b3937173418509929bcd7c85978118e8e8fe1b186bd989cb0ce48b3d21e82d
51b3937173418509929bcd7c85978118e8e8fe1b186bd989cb0ce48b3d21e82d
just some random ideas 
if your concern is that running a node should be encouraged but not necessarily the blockchain size is the issue, you could take the approach of SpreadCoin.
This coin required the signing of the mined block with the private key that received the coinbase transaction
This will make sure all miners will at least run a node (no SPV mining!) and 1Coin could scale to a higher TPS
(theoretically it is still possible to SPV mine, but there won't be an incentive to run a pool, so I am guessing miners will just run their own nodes and not rely on a 3rd party service for block data, at least for now. Also it would be bad practice to do that, because the data provider could fool you and deliver wrong data so the data provider himself can mine with the correct data and people using his wrong data will only produce invalid blocks)
If you're goal is running as much nodes as possible, then I understand why you want to limit the block size, but I don't really understand what is advantageous about running as much nodes as possible.
If you don't really care about validating nodes, then a dynamic block limit without signing the blocks makes sense. But imho, this is dangerous because it would make mining more centralized (as we see in BTC). The reason this isn't really a problem in XMR is that this is a fungible coin, miners can't really harm the network.
Always looking for ways to improve, without letting it get carried away. Somehow one has to discourage micro-transactions to limit the number per block - if you allow for larger blocks it might have the effect of encouraging more small transactions.
Note that blocks are variable in size, from as little as around 1K up to the limit of 16k. This will also have the effect of keeping the block chain smaller... I noticed over the weekend that Bitcoin is already pushing 50GB just for the full blockchain. Doesn't sound like much, except that in windows that is stored in %appdata%, one of those hidden directories associated with your user. If your trying to live on a 250GB SSD boot device - that is a lot.
Note that blocks are variable in size, from as little as around 1K up to the limit of 16k. This will also have the effect of keeping the block chain smaller... I noticed over the weekend that Bitcoin is already pushing 50GB just for the full blockchain. Doesn't sound like much, except that in windows that is stored in %appdata%, one of those hidden directories associated with your user. If your trying to live on a 250GB SSD boot device - that is a lot.
if your concern is that running a node should be encouraged but not necessarily the blockchain size is the issue, you could take the approach of SpreadCoin.
This coin required the signing of the mined block with the private key that received the coinbase transaction
This will make sure all miners will at least run a node (no SPV mining!) and 1Coin could scale to a higher TPS
(theoretically it is still possible to SPV mine, but there won't be an incentive to run a pool, so I am guessing miners will just run their own nodes and not rely on a 3rd party service for block data, at least for now. Also it would be bad practice to do that, because the data provider could fool you and deliver wrong data so the data provider himself can mine with the correct data and people using his wrong data will only produce invalid blocks)
If you're goal is running as much nodes as possible, then I understand why you want to limit the block size, but I don't really understand what is advantageous about running as much nodes as possible.
If you don't really care about validating nodes, then a dynamic block limit without signing the blocks makes sense. But imho, this is dangerous because it would make mining more centralized (as we see in BTC). The reason this isn't really a problem in XMR is that this is a fungible coin, miners can't really harm the network.
Always looking for ways to improve, without letting it get carried away. Somehow one has to discourage micro-transactions to limit the number per block - if you allow for larger blocks it might have the effect of encouraging more small transactions.
Note that blocks are variable in size, from as little as around 1K up to the limit of 16k. This will also have the effect of keeping the block chain smaller... I noticed over the weekend that Bitcoin is already pushing 50GB just for the full blockchain. Doesn't sound like much, except that in windows that is stored in %appdata%, one of those hidden directories associated with your user. If your trying to live on a 250GB SSD boot device - that is a lot.
Note that blocks are variable in size, from as little as around 1K up to the limit of 16k. This will also have the effect of keeping the block chain smaller... I noticed over the weekend that Bitcoin is already pushing 50GB just for the full blockchain. Doesn't sound like much, except that in windows that is stored in %appdata%, one of those hidden directories associated with your user. If your trying to live on a 250GB SSD boot device - that is a lot.
Quote
Blocksize limited to 16KB for fast propagation. Note this significantly restricts the number of transactions/second supported by 1CRedit, but as an investment coin, designed for fewer, larger, mostly paid transactions, this is not viewed as an issue.
would you consider a dynamic block size limit some day?
Due to the permanent block reward, there is an incentive for miners in any case, so imho the network could decide on the blocksize by just choosing to include an additional transaction or not.
Maybe take a look at the monero dynamic block size + penalty system
Quote
CryptoNote doesn’t have hard limits: all parameters are adaptive. Max block size is adaptive also. It is recalculated the same way difficulty is. In case miner creates block bigger than 1*CURRENT_MAX_BLOCK_SIZE the penalty is applied to block reward (i.e. block reward is decreased). In case miner creates block bigger than 2*CURRENT_MAX_BLOCK_SIZE such block will not be accepted by network.
For blocks below penalty-free block size this logic isn’t applied. I.e. even in the blockchain with all blocks empty you can create a block of this size with full block reward.
For blocks below penalty-free block size this logic isn’t applied. I.e. even in the blockchain with all blocks empty you can create a block of this size with full block reward.
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