Topic: [ANN][1CR] 1CRedit Coin Relaunch - page 21. (Read 290038 times)
Thanks for the charts. Nice to see someone understands!
Here you go, the charts 
If the expected rate of production is still 1CR per 8.5 minutes, then this is correct.
If it isn't, ping me and I'll change it
The inflation is still big, but goes down very fast...
If you look at the chart, it's clear that in 20 years time, BTC will be perceived as an "instamine" more or less
while 1Credit is the complete opposite of that
If the expected rate of production is still 1CR per 8.5 minutes, then this is correct.
If it isn't, ping me and I'll change it
The inflation is still big, but goes down very fast...
If you look at the chart, it's clear that in 20 years time, BTC will be perceived as an "instamine" more or less
while 1Credit is the complete opposite of that
Active Dev... but the coin is stable. I put out a checkpoint now and then, but otherwise its just running as designed.
You can check out http://1creditcoin.org and likely find me on IRC channel #1credit
You can check out http://1creditcoin.org and likely find me on IRC channel #1credit
cool
I really like this concept. It's a fair launch as far as I can tell
Maybe at the moment it isn't popular yet, but in the future this may be possible due to the fact that new people don't feel "left out"
People will imho look at BTC in 20 years and see that most coins are already mined. It will feel "ponzi-like". 1CRedit won't have that problem!
I'll support this coin by trying to mine it with some old mining gear I have lying around.
I understand not much dev work is needed for this coin. Just keep up a bit with the changes in BTC and/or LTC I suppose?
It would be cool to have us added to coinmarketcap, other exchnages etc etc.
But the community need to grow before we can achieve those goals...
Anyway, thank you for creating this coin!
Active Dev... but the coin is stable. I put out a checkpoint now and then, but otherwise its just running as designed.
You can check out http://1creditcoin.org and likely find me on IRC channel #1credit
You can check out http://1creditcoin.org and likely find me on IRC channel #1credit
Thanks for your support! 1Credit has been stable for over a year now and continues to trade over on Poloniex!
Nice to see an active dev!
Is there a forum/IRC channel somewhere?
Adjusting my charts now so it has the expected 1CR emission
Also, I see that the number of coins/blocks is about half of what is expected. Did the difficulty adjustment solved the issue?
Thanks for your support! 1Credit has been stable for over a year now and continues to trade over on Poloniex!
I bought some because I think this is a more fair emission scheme than BTC
I'll soon post my charts for my imaginary "1COIN" I created a few months back... Seems that coin already existed
I'll soon post my charts for my imaginary "1COIN" I created a few months back... Seems that coin already existed
some relaunch get pumped before die again btw, I saw in the past many 2.0 coins, and many of them was pumped, just to let old investor exit with a little profit.
Well, I'm not sure a single post qualifies as a "pump", but it does inform those that past problems have now been fixed. I'm quite pleased with the coins performance now, its hitting it target of 169 coins a day (one every 512 seconds) very very regularly now.
Cheers,
Cassey
some relaunch get pumped before die again btw, I saw in the past many 2.0 coins, and many of them was pumped, just to let old investor exit with a little profit.
@BinPool - http://1cr.binpool.com/ - up and launch
Guys who work with this coin - we wait you on our pool
Guys who work with this coin - we wait you on our pool
Still in the works, in fact the author posted a utube video update a few weeks ago.
So what has happened here? The billion hex game still in the works? or is this all over?
I'd like an update too, I still have a few 1CR.
So what has happened here? The billion hex game still in the works? or is this all over?
Relaunch? If something failed in a begining, then there is no reason to have another launch. Sorry to say that.
I applaud your efforts to track and expose scamcoins.
I do think you should exercise restraint and do due diligence before posting negatively on coin threads.
There are an abundance of scams, and there are also coins that people have spent a lot of time and energy on.
This coin has an active easily accessible dev. It has the least hype of any coin I can think of.
It also has a reason to exist, as it was developed in part to used as currency in the upcoming 1BillionHex game.
My understanding of the "re-launch" is that it is more of an adjustment in diff and fork in order to provide even better protection against strip mining by large pools.
That being said, keep up the good work.
I am holding 100 so far of this coin and will buy more in POLONIEX. Hubby also translated ann for the Chinese Community as well to spur up Interest. I also made a blog review on my blog, enjoy.. http://bitbillions.net/2014/06/18/alt-currencies-1credit-coin-review-the-4th-coin-for-1billionhex/
Chinese Ann: https://bitcointalk.org/index.php?topic=663512.new#new
Chinese Ann: https://bitcointalk.org/index.php?topic=663512.new#new
Another update:
Quote
With deep humility I must request everyone upgrade again, and I sincerely apologize for this being the third time in as many days.
As I had previously posted, the planned change at block 4000 underwent weeks of testing in the -testnet environment. However, even with a half-dozen people mining against the -testnet tree, we could not completely duplicate the production current block history.
As such, when the block time continue to climb, we, well, honestly, we panicked. We didn't trust our own work, or our testing, and presumed we had something backwards and pushed out the previously release. The block after that (which we are currently on) proved that indeed, we had it right with the block 4000 patch after all. What we were seeing was simply the impact of historical quick blocks on the current timing.
Today, we pulled in another developer (thanks Wes!) to do code reviews. We spent the time recoding the algo from being 'inserted' to 'native', changing all related variable names to meaningful ones, instead of trying to make the code adapt to the portions that were common with the Litecoin base.
Although our confidence is high, we also enabled additional debugging statement. Blocks on 1CR are rare, so an extra few lines in your debug.log will hardly be noticed, but should serve to build confidence that things are working as designed.
We also instituted some additional limiters - like not allowing the difficulty to adjust up or down more than 2X - something that is unlikely given a per block check.
Finally, we put a "safety valve" in the code. Should block times ever go extreme, like they are now, the next block will default to a minimum difficulty, giving the community a handful of quick blocks and allowing the difficulty algo to re-engage. We hope that this will be "one-time-only" code, which will take effect at block 4008, but it will be there no matter what happens.
Anyhow, new git source has been pushed and the windows wallet is updated and available in it normal spot off http://www.1creditcoin.org
Again, our sincere apologies
Cassey and team.
As I had previously posted, the planned change at block 4000 underwent weeks of testing in the -testnet environment. However, even with a half-dozen people mining against the -testnet tree, we could not completely duplicate the production current block history.
As such, when the block time continue to climb, we, well, honestly, we panicked. We didn't trust our own work, or our testing, and presumed we had something backwards and pushed out the previously release. The block after that (which we are currently on) proved that indeed, we had it right with the block 4000 patch after all. What we were seeing was simply the impact of historical quick blocks on the current timing.
Today, we pulled in another developer (thanks Wes!) to do code reviews. We spent the time recoding the algo from being 'inserted' to 'native', changing all related variable names to meaningful ones, instead of trying to make the code adapt to the portions that were common with the Litecoin base.
Although our confidence is high, we also enabled additional debugging statement. Blocks on 1CR are rare, so an extra few lines in your debug.log will hardly be noticed, but should serve to build confidence that things are working as designed.
We also instituted some additional limiters - like not allowing the difficulty to adjust up or down more than 2X - something that is unlikely given a per block check.
Finally, we put a "safety valve" in the code. Should block times ever go extreme, like they are now, the next block will default to a minimum difficulty, giving the community a handful of quick blocks and allowing the difficulty algo to re-engage. We hope that this will be "one-time-only" code, which will take effect at block 4008, but it will be there no matter what happens.
Anyhow, new git source has been pushed and the windows wallet is updated and available in it normal spot off http://www.1creditcoin.org
Again, our sincere apologies
Cassey and team.
Just helping out to get the word out:
Quote
Posted Today, 02:16 AM
Despite weeks of testing utilizing the -testnet world, a bug cropped up in the new fork for 1CRedit.
You MUST upgrade to the current release in order to participate in any future coins.
You should see version as 90400 or 9.4.0 and protocolversion of 70016 (if you do a "getinfo")
Cassey
Despite weeks of testing utilizing the -testnet world, a bug cropped up in the new fork for 1CRedit.
You MUST upgrade to the current release in order to participate in any future coins.
You should see version as 90400 or 9.4.0 and protocolversion of 70016 (if you do a "getinfo")
Cassey
Well - I applaud the effort to make a coin that avoids forks and is stable - such as this one.
Also - having no scamy IPO, premine, or foundation is something. The dev is clearly just trying to move the whole crypto-currency forward, and not trying to pocket a handful of BTC and move one.
Also it is on Poloniex if you don't want to mine it: https://poloniex.com/exchange/btc_1cr
Also - having no scamy IPO, premine, or foundation is something. The dev is clearly just trying to move the whole crypto-currency forward, and not trying to pocket a handful of BTC and move one.
Also it is on Poloniex if you don't want to mine it: https://poloniex.com/exchange/btc_1cr
Relaunch? If something failed in a begining, then there is no reason to have another launch. Sorry to say that.
Nothing failed or was broken. Maybe "adjustment" should have been used instead of "relaunch".
All this shows is that the devs are still active and maintaining the coin and code.
Relaunch? If something failed in a begining, then there is no reason to have another launch. Sorry to say that.
+1 most of this relaunch dies slowly.
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