[ANN][AUR] Auroracoin - a cryptocurrency for Iceland - page 81.

molecular

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Quote from: Nite69 on March 27, 2014, 10:44:33 AM

Quote from: molecular on March 27, 2014, 09:44:39 AM

Quote from: solex on March 26, 2014, 07:32:16 PM

Also, I wonder whether a default mempool size is too small for a large number of unconfirmed transactions, hence the "not synced' message on the client which appears during slow block periods...?

Hopefully all this improves in 21 blocks from now.

I'm having extreme performance troubles with blockexplorer.auroracoin.eu. The only thing that solves it (for a while) is to re-load the whole blockchain and rebuild bitcoin-abe database. I think it has to do with the mempool transactions.

Same with auroraexplorer.atorox.net. It seems to get problems if amount of not-verified transactions gets over ~1000. It helps to keep auroracoind offline or restart it every now and then.

I described the problem in the bitcoin-abe thread. Does description fit what is happening on your side?

iwillimust

member

Activity: 64

Merit: 10

Quote from: niothor on March 17, 2014, 01:59:07 PM

Quote from: jheaton on March 17, 2014, 11:38:51 AM

Man, this coin ate like a 1/2 million BTC's and spit em down the garbage disposal.

No , the coins are in the hands of smart people , who kept their head cool.
Idiots lost.

You really are a very calm person
I think you are very good advice
Thank you

iwillimust

member

Activity: 64

Merit: 10

Quote from: Bimmerhead on March 25, 2014, 08:51:30 PM

Wow, lot of negativity on here, yet no suggestions of a better way of executing an airdrop.

Here's some ideas..........

How about a longer [PRE-ANN] about the new coin to let people become aware of your intentions and debate the best way of rolling out out?

Why did it have to launch so fast? Why did the block awards have to be that large? Why did the coin have to be forked?

How about giving longer than <2 months to attract developers, businesses, pools, exchanges, games, etc to get ready for this coin?

How about having your forums populated, a complete announce list?

There is plenty that could have been done. Two months to convert an entire country over to some cryptocurrency? It boggles my mind that anybody thought it could have been possible.....

People need to think for a change and get out of their trance of chasing every new flashy coin that is released without asking questions first. If people lose money on auroracoin it is their own stupidity. This hasn't played out by far yet.......

It will probably take at least another 3 to 6 months before auroracoin has the same following as Netcoin [NET] or Sexcoin [SXC]

If somebody wants to release a coin for Iceland and do it properly, then start planning now, get a team together, and have it ready for 2015. THAT'S HOW YOU DO IT

iwillimust

member

Activity: 64

Merit: 10

Quote from: anyone4u on March 17, 2014, 11:12:15 PM

Quote from: anyone4u on March 17, 2014, 11:09:40 PM

Quote from: niothor on March 17, 2014, 10:19:19 PM

Quote from: portice on March 17, 2014, 09:48:48 PM

Not sure if you people actually think people of Iceland will receive this coin or trolling.......

I clearly stated a few times that although i find the project interesting and do able, I doubt it will really happen.

“They can make it illegal to own or trade auroracoin,” said Óðinsson. ”However, they will never be able to control such a decentralized system, or stop Icelanders from using the currency, without turning Iceland into a police state.”

Even that wouldn't work. You would have to ban the internet globally for it not to be able to be used, then their would be mesh networks, routers connected to form wifi networks that would ban together to make their own internet, then it would be unstoppable.

Only maniac minister would not wellcome 1B dollar boost to the country's economy.

I think is
Can promote economic development why not to support

Nite69

sr. member

Activity: 477

Merit: 500

Quote from: molecular on March 27, 2014, 12:01:25 PM

the "icelander should cpu-mine idea" is a drop in the bucket, I think. not enough hashing power.

paying for scrypt hashing power could work (either outright or using bounties for pools to find blocks < 5400).

The problem is: we're driving away the icelandic noobs who must think this coin is broken (which it is... confirmation times in the range of days can be called "broken", like banking system) or this crypto-stuff just doesn't work.. must be a fad.

Hmm.. Maybe the hashing power itself is not much, but encouraging ppl to solo mine would make them (us?) a community: "I can help, it is we against the greedy mean multipool miners" and more aware of the crypto coin functionality in general. It would also point out the real reasons for slow transactions (not enought mining power) to the major public.

And they might surprise us.. who knows how many miners there would be in the end?

Anyway, a few difficult days now won't be a catastrophe, unless the problems stays for a longer time.

mineabit

newbie

Activity: 51

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Quote from: molecular on March 27, 2014, 12:01:25 PM

the "icelander should cpu-mine idea" is a drop in the bucket, I think. not enough hashing power.

paying for scrypt hashing power could work (either outright or using bounties for pools to find blocks < 5400).

The problem is: we're driving away the icelandic noobs who must think this coin is broken (which it is... confirmation times in the range of days can be called "broken", like banking system) or this crypto-stuff just doesn't work.. must be a fad.

Giving a bounty for pools founding blocks will just spark another ddos war, not a great idea

molecular

donator

Activity: 2772

Merit: 1019

the "icelander should cpu-mine idea" is a drop in the bucket, I think. not enough hashing power.

paying for scrypt hashing power could work (either outright or using bounties for pools to find blocks < 5400).

The problem is: we're driving away the icelandic noobs who must think this coin is broken (which it is... confirmation times in the range of days can be called "broken", like banking system) or this crypto-stuff just doesn't work.. must be a fad.

illodin

hero member

Activity: 966

Merit: 1003

Quote from: molecular on March 27, 2014, 11:58:50 AM

pool-mining is ok (no problem), just not in a pool that will automatically have you mine the most profitable coin.

Have a p2pool as a backup pool as well imo.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: Nite69 on March 27, 2014, 10:54:31 AM

Quote from: molecular on March 27, 2014, 09:49:07 AM

Quote from: jelin1984 on March 27, 2014, 08:57:57 AM

The hard fork will made today??

probably not Sad

. It's just 20 blocks to go, but we're really crawling.

I doubt it's a timewarp attack. It's just the mining power leaving (multipools) because of too low profitability.

Just wondering.. would it make any difference, if all Icelanders started to solo mine?

pool-mining is ok (no problem), just not in a pool that will automatically have you mine the most profitable coin.

mmouse

full member

Activity: 162

Merit: 100

Quote from: flyboy665 on March 27, 2014, 11:44:02 AM

I want to now have it any help to me？

how to understand bitcoins

flyboy665

jr. member

Activity: 56

Merit: 10

Quote from: mmouse on March 27, 2014, 09:31:08 AM

Quote from: dewdeded on March 27, 2014, 09:08:38 AM

Now it needs to be decided how to get there.

Seems like from the devs the decision is to decide nothing, just wait...

Three blocks to go, then the diff will readjust to about 1,613 (if it's right what was said some posts ago). Hopefully this will take not much longer than another day.

I want to now have it any help to me？

Nite69

sr. member

Activity: 477

Merit: 500

Quote from: mmouse on March 27, 2014, 11:16:42 AM

Quote from: Canaanite on March 27, 2014, 11:09:30 AM

Quote from: Nite69 on March 27, 2014, 11:05:43 AM

I mean CPU mining.. just run a wallet, click "mining" and "start mining". Mining with CPU is not very profitable, but If enougt ppl do it, transaction time will be tolerable :-)

That's an interesting thought, The facebook page have 4k people.. how much power each computer can add?

Interesting. I just clicked on mininig and start in my wallet. But it happens: nothing.
Problem seems to be that the wallet is repeatedly stating "out of sync", apparently because of hundreds of unconfirmed transactions.

Could it be that lots of people do have this problem, and so mining drops even further because of wallets out of sync??

Update: Restarting auroracoin-qt does help. Mining gives me about 10kH (not-so-old AMD Hexacore). So no, adding 4-5k people cpu-mining would be roughly 50MH and won't change a thing.

Well, it is 50 MH more than now :-) And a block was just found? Maybe some lucky solo miner?

mmouse

full member

Activity: 162

Merit: 100

Quote from: Canaanite on March 27, 2014, 11:09:30 AM

Quote from: Nite69 on March 27, 2014, 11:05:43 AM

I mean CPU mining.. just run a wallet, click "mining" and "start mining". Mining with CPU is not very profitable, but If enougt ppl do it, transaction time will be tolerable :-)

That's an interesting thought, The facebook page have 4k people.. how much power each computer can add?

Interesting. I just clicked on mininig and start in my wallet. But it happens: nothing.
Problem seems to be that the wallet is repeatedly stating "out of sync", apparently because of hundreds of unconfirmed transactions.

Could it be that lots of people do have this problem, and so mining drops even further because of wallets out of sync??

Update: Restarting auroracoin-qt does help. Mining gives me about 10kH (not-so-old AMD Hexacore). So no, adding 4-5k people cpu-mining would be roughly 50MH and won't change a thing.

Canaanite

sr. member

Activity: 246

Merit: 250

Quote from: Nite69 on March 27, 2014, 11:05:43 AM

Quote from: Canaanite on March 27, 2014, 10:56:20 AM

Quote from: Nite69 on March 27, 2014, 10:54:31 AM

Quote from: molecular on March 27, 2014, 09:49:07 AM

Quote from: jelin1984 on March 27, 2014, 08:57:57 AM

The hard fork will made today??

probably not Sad

. It's just 20 blocks to go, but we're really crawling.

I doubt it's a timewarp attack. It's just the mining power leaving (multipools) because of too low profitability.

Just wondering.. would it make any difference, if all Icelanders started to solo mine?

Its so hard to explain to them what Auroracoin is... so explain to them how to mine?
My fear is that miners would just give up on the coin and we will never get to block 5400

Personally I went to Ebay to buy some scrypt mining contracts. But its just a drop in the sea

maybe we should gather a bounty of 0.1btc for each pool that finds a block up to block 5400... is it possible to arrange such a thing?

I mean CPU mining.. just run a wallet, click "mining" and "start mining". Mining with CPU is not very profitable, but If enougt ppl do it, transaction time will be tolerable :-)

That's an interesting thought, The facebook page have 4k people.. how much power each computer can add?

Nite69

sr. member

Activity: 477

Merit: 500

Quote from: Canaanite on March 27, 2014, 10:56:20 AM

Quote from: Nite69 on March 27, 2014, 10:54:31 AM

Quote from: molecular on March 27, 2014, 09:49:07 AM

Quote from: jelin1984 on March 27, 2014, 08:57:57 AM

The hard fork will made today??

probably not Sad

. It's just 20 blocks to go, but we're really crawling.

I doubt it's a timewarp attack. It's just the mining power leaving (multipools) because of too low profitability.

Just wondering.. would it make any difference, if all Icelanders started to solo mine?

Its so hard to explain to them what Auroracoin is... so explain to them how to mine?
My fear is that miners would just give up on the coin and we will never get to block 5400

Personally I went to Ebay to buy some scrypt mining contracts. But its just a drop in the sea

maybe we should gather a bounty of 0.1btc for each pool that finds a block up to block 5400... is it possible to arrange such a thing?

I mean CPU mining.. just run a wallet, click "mining" and "start mining". Mining with CPU is not very profitable, but If enougt ppl do it, transaction time will be tolerable :-)

Canaanite

sr. member

Activity: 246

Merit: 250

Quote from: Nite69 on March 27, 2014, 10:54:31 AM

Quote from: molecular on March 27, 2014, 09:49:07 AM

Quote from: jelin1984 on March 27, 2014, 08:57:57 AM

The hard fork will made today??

probably not Sad

. It's just 20 blocks to go, but we're really crawling.

I doubt it's a timewarp attack. It's just the mining power leaving (multipools) because of too low profitability.

Just wondering.. would it make any difference, if all Icelanders started to solo mine?

Its so hard to explain to them what Auroracoin is... so explain to them how to mine?
My fear is that miners would just give up on the coin and we will never get to block 5400

Personally I went to Ebay to buy some scrypt mining contracts. But its just a drop in the sea

maybe we should gather a bounty of 0.1btc for each pool that finds a block up to block 5400... is it possible to arrange such a thing?

Nite69

sr. member

Activity: 477

Merit: 500

Quote from: molecular on March 27, 2014, 09:49:07 AM

Quote from: jelin1984 on March 27, 2014, 08:57:57 AM

The hard fork will made today??

probably not Sad

. It's just 20 blocks to go, but we're really crawling.

I doubt it's a timewarp attack. It's just the mining power leaving (multipools) because of too low profitability.

Just wondering.. would it make any difference, if all Icelanders started to solo mine?

Nite69

sr. member

Activity: 477

Merit: 500

Quote from: molecular on March 27, 2014, 09:44:39 AM

Quote from: solex on March 26, 2014, 07:32:16 PM

Quote from: molecular on March 26, 2014, 05:16:17 PM

last difficulty adjustment was from 1691.849 to 2406.9

That's more than 25%. Someone said the change was capped at 25%.

Can someone explain?

Another puzzle is that blocks generated with the same hashing power should only take twice as long for difficulty 2000 as it would for 1000. Yet blocks, when difficulty is 2000, seem to take about 10x longer to get created. So most of the hashing power must automatically desert the coin at >2000. Price/difficulty must be the factor for this.

yes, of course. This is the multipools hopping to more profitable coins. At least that's the explanation I have.

That's my explanation also. And just now price is low (multipools jumps away) and difficulty high, which means very long verification times. It will get better after KGW/5400.

Quote from: molecular on March 27, 2014, 09:44:39 AM

Quote from: solex on March 26, 2014, 07:32:16 PM

Also, I wonder whether a default mempool size is too small for a large number of unconfirmed transactions, hence the "not synced' message on the client which appears during slow block periods...?

Hopefully all this improves in 21 blocks from now.

I'm having extreme performance troubles with blockexplorer.auroracoin.eu. The only thing that solves it (for a while) is to re-load the whole blockchain and rebuild bitcoin-abe database. I think it has to do with the mempool transactions.

Same with auroraexplorer.atorox.net. It seems to get problems if amount of not-verified transactions gets over ~1000. It helps to keep auroracoind offline or restart it every now and then.

riddler_xyz

full member

Activity: 223

Merit: 100

16:16:06
{
"blocks" : 5380,
"difficulty" : 2406.86387150,
"networkhashps" : 6125141680,
}

So time to buy ... supply is halved .. and the coin didnt colapse after airdrop.

If the coin is getting back to its high ~0.15 if u buy now it would be a ~1200% gain ...

ym2c

jinni7241500aa

member

Activity: 64

Merit: 10

Quote from: ?? on ??

In all honesty it's really hard to tell where this coin is going to go short term.. the trend has been down for the past 24 hours. I bought back in 1 btc at .063 and taking a beating.

But all I see is constant buys. Coin trending straight down to the ground, but people are buying buying buying.

Hopefully I recover and make some spare change, but who the hell knows.

The present situation is not good and the price is very low
But I don't think it should be in the form of tomorrow
Good luck to you

Topic: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland - page 81. (Read 506425 times)