Topic: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland - page 21. (Read 506409 times)

ouch, so long without reading about aurora, is this project still working?

Ghash is allready mining the most of auroracoin, and they have a big mining facility in Iceland.
This is a very good idea!

We have been in contact with Ghash.io to get them to merge mine Auroracoin with Bitcoin. That would not require any changes to any core code nor would you need anyone to agree on it as it does not affect the Bitcoin mining for anyone, they would just get the mined aur as extra and I can't really see why anyone would object to getting any coin extra without any extra cost. Ghash has done this with a couple of other coins before and this only requires Ghash to change the miners on their end.

We have not gotten any definite answer but the response from them has been positive.

This of course goes hand in hand with us updating the Auroracoin core to the latest Bitcoin core and that is well on it's way already and will be launched regardless if we mine with Ghash or what algorithm we would choose for the coin (if not merge mined with Ghash).

On a side note the exchange should see the day of light in just over a month. The project is finally coming quite well along now after some long delays in the beginning. I will update you guys later when we have a launch date which we should have in 2-3 weeks.

Then for anyone that was wondering about the foundation then it has been delayed a bit. I've been doing most of the necessary work go get it established but recently I had platoon of the flu parading through my home lately so I've been away from work lately. I'm back now and I will continue this work as soon as I get my workload down at my work.

So for those who are wondering, things are still moving forward. 

What would be advantage of merge mining with BTC? Do we have to find some agreement with majority of BTC miners or there is no need for agreement, as any coin (if majority decide) may go for merge mining with bitcoin? Just curious.

We don't know an attack on our KGW is actually happening. And if it is, it might be mitigated with a higher hashrate?

Does anybody have the means to record take an aur node and record the local system time of block arrivals? This would probably give us a good idea as to wether we're being attacked or if we have some other problem.

Hmm, actually I just had an idea of how to do this in a hackish, but probably effective way...

Good grief. KGW was to fix one problem and just opens up another.

I say we merge-mine with BTC and be done with this issue.

asked around on irc:


here's info on DGW, developed by Evan Duffield: https://bitcointalksearch.org/topic/m.5931948

it's an adaption of KGW (used by AUR) that fixes some exploits.

not sure how easy it would be to use as drop-in replacement. But when we need to hard-fork anyway to burn the premine, it could maybe be done in one swoop. Or go merge-mining? Thoughts?

block 101266 found

EDIT: and difficulty skyrocketet to 545 (from ~90 at 101265, the "blocking block")

I don't have a clue. Mining looks erratic. At least the timestamps on the blocks. There are these intermittent breaks and in between many blocks are mined per minute.

I'm guessing this might be an attack on the kimoto gravity well difficulty adjustment algorithm?

Another explanation might've been pool miners hopping away due to market price decrease. Couldn't find any coincidences of a decrease in market price with one of these "pauses", though.

Here is the offending block: http://insight.auroracoin.io/block/24e5e48704d70dde5ebae52a31a5430f1fcad726d4680bb723fddb3c70215160

Can anyone explain what is going on when we have a situation like this?

Hi guys!
Does anybody know something, anything about the Auroracoin Foundation?
How about the ISK-AUR exchange?

The earth is spinning with 1675 km/h but the auroracoin virtual block chain is stand and still for 10hours already.
What can we do? I burned my spared voodoo puppet, long time ago. No prayers, no magic left around?

About AuroraCoin from Poland: http://lubiepowietrze.pl/auroracoin-kryptowaluta-islandii.html

and google translate: https://translate.google.com/translate?hl=en&sl=auto&tl=en&u=http%3A%2F%2Flubiepowietrze.pl%2Fauroracoin-kryptowaluta-islandii.html

That pu-dump is always occurs at this time.

Nice to see a small uptick in claims:

http://blockexplorer.auroracoin.eu/claims.3.html

it was more of a "pu-dump"

Looking at the tape I can hardly see any pump or dump.

What makes me so interested in the future of this coin are the small simple comments I hear regarding the ISK, while on coffee break at work.

I work in a workplace of 25 people, the average age here is 40-45 years, 70% female, aka the normal Icelandic housewife.

From time to time there is something in the local news about the ISK or the banks. Then at coffee break here at work, people talk about the devaluation of the ISK, inflation, the banking situation, when will the currency controls be lifted, will they ever be lifted, etc.

What usually follows these talks are questions like what can we do about the ISK? Is there nothing that can be done?

NB. these questions are being asked and debated by the housewives at work, not people that control anything in the banking system, just the normal housewife.

11% of the population her in Iceland (35.000 people) fetched the initial 31,8 AUR and about 30.000 of them are still holding. (7.000 have 1-10 AUR, 20.000 have 10-100 AUR, 3.000 have 100-1000 AUR. https://bitinfocharts.com/top-100-richest-auroracoin-addresses.html

No one here really knows much about the Auroracoin project. They know its a cryptocoin, something like Bitcoin. They know it lost value soon after the initial launch, but they don't know the price of AUR. I think the people here want to see what this is all about, but there is no infrastructure here to use it. And I think they just really want a new currency, that is not controlled by politicians or bankers.

Even if it was a pnd, and I'm not saying it was, that doesn't mean it must die.

Because of auroracoin Iceland probably has a higher level of public awareness of cryptocurrency than any other nation.  Sure it isn't all positive, but a lot of work was done just by the huge amount of free publicity that happened.

There is something to build on there. Maybe.

I don't know what it is, but it's better than nothing
At least someone had some fun yesterday, running their huge mining farm for hours with 0.20USD return.

This was a pump and dump.
You guys are beating a dead horse.