Author

Topic: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland - page 258. (Read 506409 times)

legendary
Activity: 938
Merit: 1000
I really love this idea and the potential here. I moved my miners though due to the fact that there is no block explorer yet. This is key in gaining the trust of miners, whom are gonna be needed for the network if all goes as planned by balduro. I get that there is not an emphasis on promoting it for exchanges and all that, but at the very least we need some foundation to stand on.
newbie
Activity: 23
Merit: 0
no new orphans on aur.cryptoculture.net since Feb 8... it looks like we're in the clear.
full member
Activity: 221
Merit: 100
We could use some more miners over at.

https://aur.cryptoculture.net


Keep the network decentrailzed.


full member
Activity: 154
Merit: 100
Giving away 0% fee for first block finder in new pool - http://aur.scrypthp.com

Sign up and message me your username here and if you find a block you'll have 0% fee for life at http://aur.scrypthp.com

MPOS on superfast secure server!
full member
Activity: 221
Merit: 100
Selling 200 AUR for 2 BTC.    PM me if interested.



Mine with us at

https://aur.cryptoculture.net

Only AUR pool with SSL and DDOS protection.
member
Activity: 76
Merit: 10
So is the difficulty going to drop drastically? Why does my pool say current difficulty 29 and next difficulty change in a whopping 700+ blocks is expected to be around 2?

The pool is not displaying the estimate correctly. Diff has been going up constantly no matter what the estimate for the next diff says.

Here's the actual difficulty values (stored in the blockchain) from around the last 48 hours.

Pool estimates are way off, possibly because the retarget period is set incorrectly (it appears to be 8 blocks)

26.64692933
17.76461955
25.69929138
28.44285307
18.96190205
15.61455041
23.42182561
32.25042243
34.39282991
28.04719068
32.61303397
33.57843226
50.36764838
33.57843226
31.4982793
37.95932774
30.43345602
45.65022544
41.25803239
52.43291559
34.95527706
42.57430918
40.1487544
36.44368561
48.57817929
32.38545286
41.29926716
27.53286737
18.35525495
27.53291255
26.06668251
18.76426449
28.14642821
41.17742636


Average of these numbers is 32.48744

https://github.com/baldurodinsson/auroracoin-project/blob/56e7650690dec94389992cb058e96d8739d253c7/src/main.cpp#L842
legendary
Activity: 2268
Merit: 1092
So is the difficulty going to drop drastically? Why does my pool say current difficulty 29 and next difficulty change in a whopping 700+ blocks is expected to be around 2?

The pool is not displaying the estimate correctly. Diff has been going up constantly no matter what the estimate for the next diff says.

Here's the actual difficulty values (stored in the blockchain) from around the last 48 hours.

Pool estimates are way off, possibly because the retarget period is set incorrectly (it appears to be 8 blocks)

26.64692933
17.76461955
25.69929138
28.44285307
18.96190205
15.61455041
23.42182561
32.25042243
34.39282991
28.04719068
32.61303397
33.57843226
50.36764838
33.57843226
31.4982793
37.95932774
30.43345602
45.65022544
41.25803239
52.43291559
34.95527706
42.57430918
40.1487544
36.44368561
48.57817929
32.38545286
41.29926716
27.53286737
18.35525495
27.53291255
26.06668251
18.76426449
28.14642821
41.17742636


Average of these numbers is 32.48744
full member
Activity: 154
Merit: 100
Just opened a new Auroracoin Pool 1% fee - http://aur.scrypthp.com Need more miners please join Smiley

MPOS 1% fee on secure fast system.
newbie
Activity: 35
Merit: 0
Looking to sell 5 AUR.  Please PM me with offer. Thanks!
legendary
Activity: 938
Merit: 1000
Thanks for the clarification.
hero member
Activity: 966
Merit: 1003
So is the difficulty going to drop drastically? Why does my pool say current difficulty 29 and next difficulty change in a whopping 700+ blocks is expected to be around 2?

The pool is not displaying the estimate correctly. Diff has been going up constantly no matter what the estimate for the next diff says.
legendary
Activity: 938
Merit: 1000
So is the difficulty going to drop drastically? Why does my pool say current difficulty 29 and next difficulty change in a whopping 700+ blocks is expected to be around 2?
newbie
Activity: 11
Merit: 0
The coins are stored in 21 addresses, 500,000 coins in each. As the airdrop progresses coins from an address will be added to a hot wallet on the dispensing server. You will be able to monitor these addresses as soon as there is a block explorer available. Someone should make a block explorer.

These are the addresses:
AJgZfkqagmjajiB5pbAuXfh7yG9M5iMY9v
APjdUEiCX2VfXRsh1BNRDXUbjMsTjXMyCT
AKcofzy2QjT6U3L2ekqyTrDuc3GS4tZR1e
AYJWvKESbRoRt8krm5bZNiVqc2DhPx5eBP
AVqRJTCPAR5hP1dbwhNcYX83UDiMFNi8pE
ATk5sZMnfUq6brhawaUvb2TUJ5JGBiT5UT
AdSJSDKvAkNLNXT6BgqgghkVm13UwuMFv6
ALbfJXCQZEvedBGg1J5a8hSga5aHcVh2WZ
AH4iAPn5Custyzm4tak6By2iyPmUARVF28
AFvV2BpTD5FGESFDww9dGHsHdpu1RDpryj
AVpwukHqGch8Wyyf1vxCD74UVfwwMSoE4u
ASJWxLQ7ZyJs3b6BnyyrFZbVKZCLGeqt4f
AYQwvfpHHZhKLHmCVnVd6H2PiKtbB5rsHU
AW9FLMGEz7Gfn4yVc2rUi1fdDi9Us36tYq
AXdiVGBWUtQbbXUHoKa6z3x3QMY79f6ZNR
APsjgVJPAtCorTjL2tLNB57RdCqKRJbKF6
AXif7x3dvukyVf8WnpiDrPTRmFzzpHJWbv
ARuirTGMuHcj5GgRgvHjJanrKjUwAujbPk
Aei22bhuXAJDuBtFt9o6Nx1QD2r73o7NcE
AL7nAQ8w88Hwff7uKSnThyhqgLCSxW9Zyv
AXkTQuECcpF7DoPzRhq8gyk6tyvnrEM8G8
hero member
Activity: 896
Merit: 500
I opened this thread on reddit and the developer (I assume) answered me. Though some of you might find it interesting:
http://www.reddit.com/r/auroracoin/comments/1xguqd/question_are_the_50_of_the_premined_coins_in_a

Forget the Dev. Just buy/sell and keep mining.-  Enjoy it!
http://www.youtube.com/watch?v=Y5vxZwvrrWI
newbie
Activity: 11
Merit: 0
I opened this thread on reddit and the developer (I assume) answered me. Though some of you might find it interesting:
http://www.reddit.com/r/auroracoin/comments/1xguqd/question_are_the_50_of_the_premined_coins_in_a
legendary
Activity: 938
Merit: 1000
Hi all!

This coin seems to have a great opportunity in succeeding as well as Bitcoin. A large part of this is dependent on the Airdrop which has to reach all/most of the population of Iceland, which remains to be seen. I do not see how this could not be possible as long as the pre-mined coins are distributed as told. But for this to happen the coin need strong support from it's miners for the time being. There are some who are eager to make a quick buck with selling their Auroracoins before the launch at a pretty low price compared to Bitcoin. This will force the value of the coin down, just like all the other coins out there. Why not instead demand a high price of the coin which would benefit more then just one person? This will also force people to mine the coin and build a foundation for this currency. That being said I fell everyone participating in mining some Auroracoins still has the opportunity to get coins compared to Bitcoin which is out of reach for the most of us.

I guess the reason for creating the Auroracoin is to give the banksters a run for their money. This can only be achieved if the coin gains a significant value from the start. If the coin gets a high value from start it will gain significant publicity, which in turn will result in that the community of Iceland will probably accept it as a payment method. It seems as a "win-win" situation for all of the people using the coin. Others have also suggested using a crypto-currency for Iceland(https://www.youtube.com/watch?v=_CCpj_myGOs). Auroracoin could be a "first of an kind".

 Kiss


A nice thought but even 100aura to 1BTC is extremely generous, imagine hypothetically speaking that 1AUR will be worth 1BTC; everyone in Iceland will be given 30ish coins instantly valued at 30 BTC, the first thing they'll do is go straight to exchange and sell for some much needed IRL monies, even 0.3BTC for nothing is still very generous imo considering that the population of an entire country is about to be given $250ish each.

I think the coin has been poorly developed based on the fact that it is taking 24 hours to get confirmations, this creates a slightly inhospitable environment for miners. Additionally the community of this coin is extremely small and appears to be uncaring of its 'purpose', this however is not down to the community itself but to the developers which have done nothing to promote or encourage such a culture- all about removing the Icelandic from the chains of banks.

The developer released the coin without pools, without wallets, without exchange and without any plans/word of how he intends to achieve his vision, just "wait for the 25th March guys in the mean time i'll let you develop the infrastructure for me whilst I stay anonymous." He's operating completely from the shadows on a coin with 50% premine, very suspicious.


I am pretty sure it was in fact released with a pool and a wallet. Just on http://www.auroracoin.org at first. In fact there is still no link from the ANN page to the wallet. But the wallet from the website is a self install exe. of the QT. Places it right in the program files. Seems like it is being developed to be user friendly to a nation, not necessarily caring much about whether a ton of people on Bitcointalk jump into mining it or endorsing it. The dev has specifically said on twitter that you can do what you want with the mined coins, but to not put the organizations name on any request to be placed into exchanges. This coin is very interesting in concept and has enormous potential. But I do agree, it could easily be a scam in the magnitude of $100 million for the dev by the time April 1st hits a week after the "airdrop." My gut is telling me to pick a few of these up in the meantime.
donator
Activity: 2772
Merit: 1019
But if Islanders will attach some value and will start to use Auroracoin people from other countries will also attach the value.

This is exaclty the point.

(If not a scam), the success of this coin depends on adoption in iceland.

It happened before in Iceland (a private currency replacing the government one): https://www.youtube.com/watch?v=_CCpj_myGOs#t=802

Very nice story indeed. Vouchers issued by a construction company for "a qubic meter of concrete" came to be used as currency and at one point were even accepted by the government as tax payment ("they had use for it").

So this is entirely possible.

Of course there are myriads of failure modes for this experiment, but I like it, will follow it closely and am investing some time and money already Wink.

(clarification on handling of premined funds and the airdrop would be very appreciated)
full member
Activity: 381
Merit: 100
PRiVCY
Hi, i'm interested in buying some aurora coins, pm me if you're selling. By the way i'm new on this forum, and to crypto currencies. One correction on something i saw, monthly average income is not 40k krona in iceland, bu 400k krona (i'm from iceland).

sorry edited as pm
member
Activity: 75
Merit: 10
Hi, i'm interested in buying some aurora coins, pm me if you're selling. By the way i'm new on this forum, and to crypto currencies. One correction on something i saw, monthly average income is not 40k krona in iceland, bu 400k krona (i'm from iceland).

Thanks, I've edited my post.
newbie
Activity: 1
Merit: 0
Hi, i'm interested in buying some aurora coins, pm me if you're selling. By the way i'm new on this forum, and to crypto currencies. One correction on something i saw, monthly average income is not 40k krona in iceland, bu 400k krona (i'm from iceland).
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