[ANN][BMR] Bitmonero - a new coin based on CryptoNote technology - LAUNCHED - page 10.

eizh

hero member

Activity: 560

Merit: 500

Quote from: thankful_for_today on April 22, 2014, 10:34:26 AM

Comkort exchange is working now on BCN integration. Let's vote for Bitmonero integration also!

https://comkort.com/vote

The current situation with BCN is that it won the vote and the site admins couldn't figure out how to integrate it. They said they'd reach out to BCN devs but I don't think they're aware that this is a deepweb project. BCN devs may not respond at all. To get BMR on there, you'll need to be able to help them understand the API.

bengtåke

sr. member

Activity: 309

Merit: 250

confused developer

Quote from: tacotime on April 22, 2014, 08:12:38 AM

Looks like solo is still fine even at diff 260k -- even with a single modern quad you should still be getting a few blocks per day.

I think probably solo will be dead around 750k for unix users, but we will have pools up by then.

Yeah, got my first block in a few hours with my 2500k. Guess I burned my luck for a while Wink

thankful_for_today

full member

Activity: 126

Merit: 101

Quote from: cocoakrispies on April 22, 2014, 10:36:55 AM

Quote from: thankful_for_today on April 22, 2014, 10:34:26 AM

Comkort exchange is working now on BCN integration. Let's vote for Bitmonero integration also!

https://comkort.com/vote

Nice. Also just sending .1525 BTC would put it at the top of the list. That's about a $76 listing fee . . which is very cheap considering they list it for free otherwise (by just waiting and getting votes).

Hey while you're here . . are you planning on submitting your coin to CryptoNote? HoneyPenny already did and got a response, so I'm just wondering if you plan on doing this?

Thank you for your help!
Yes, for sure I will submit.

cocoakrispies

newbie

Activity: 23

Merit: 0

Quote from: thankful_for_today on April 22, 2014, 10:34:26 AM

Comkort exchange is working now on BCN integration. Let's vote for Bitmonero integration also!

https://comkort.com/vote

Nice. Also just sending .1525 BTC would put it at the top of the list. That's about a $76 listing fee . . which is very cheap considering they list it for free otherwise (by just waiting and getting votes).

Hey while you're here . . are you planning on submitting your coin to CryptoNote? HoneyPenny already did and got a response, so I'm just wondering if you plan on doing this?

thankful_for_today

full member

Activity: 126

Merit: 101

Comkort exchange is working now on BCN integration. Let's vote for Bitmonero integration also!

https://comkort.com/vote

thankful_for_today

full member

Activity: 126

Merit: 101

Hi!

I have two news (good one and bad one):

[bad] I haven't read previous messages yet
[good] here is a logo contest: https://bitcointalksearch.org/topic/bmr-bitmonero-logo-contest-bounty-300-bmr-580155

tacotime

legendary

Activity: 1484

Merit: 1005

Quote from: bengtåke on April 21, 2014, 11:42:33 PM

Synching this blockchain takes quite a while, even this soon after release.. Makes me wonder how bad it will be later on. Hhopefully some improvements can be made, (parallel downloads?). Looks like this fork also stores the entire blockchain in memory? Anyway, new-ish technology is exciting, gonna try mining some.

Yes, it loads the entire blockchain into memory. This is a problem with ByteCoin too. The reference implementation is pretty immature.

Syncing the entire blockchain takes a while too because you need to hash each header to verify it, and most single cores of a CPU only do 1 H/s or so.

tacotime

legendary

Activity: 1484

Merit: 1005

Looks like solo is still fine even at diff 260k -- even with a single modern quad you should still be getting a few blocks per day.

I think probably solo will be dead around 750k for unix users, but we will have pools up by then.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: bengtåke on April 22, 2014, 01:51:20 AM

Quote from: eizh on April 21, 2014, 11:47:26 PM

... we can provide that as well on our totally not non-existent website.

Thanks for the tip. Yeah, this coin release feels a bit rushed, like others have mentioned. Seems some botnet has moved in too, given how high the difficulty is :/

Thank you Mr. Botnet for helping us secure the block chain.

bengtåke

sr. member

Activity: 309

Merit: 250

confused developer

Quote from: eizh on April 21, 2014, 11:47:26 PM

... we can provide that as well on our totally not non-existent website.

Thanks for the tip. Yeah, this coin release feels a bit rushed, like others have mentioned. Seems some botnet has moved in too, given how high the difficulty is :/

eizh

hero member

Activity: 560

Merit: 500

Quote from: bengtåke on April 21, 2014, 11:42:33 PM

Synching this blockchain takes quite a while, even this soon after release.. Makes me wonder how bad it will be later on. Hhopefully some improvements can be made, (parallel downloads?). Looks like this fork also stores the entire blockchain in memory? Anyway, new-ish technology is exciting, gonna try mining some.

Type "save" in the daemon and it'll store the blockchain on the hard drive. BCN has a quick start package on its website that includes a recent save of the blockchain. As the BMR chain grows in the coming months, we can provide that as well on our totally not non-existent website.

bengtåke

sr. member

Activity: 309

Merit: 250

confused developer

Synching this blockchain takes quite a while, even this soon after release.. Makes me wonder how bad it will be later on. Hhopefully some improvements can be made, (parallel downloads?). Looks like this fork also stores the entire blockchain in memory? Anyway, new-ish technology is exciting, gonna try mining some.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: tacotime on April 21, 2014, 11:04:58 PM

Quote

If you read the original paper, the miner is supposed to strive for the maximum reward + transaction fees. I guess the code doesn't do that?

This is the idea case, but you're only supposed to increase block size slowly to avoid reward penalty such as was seen in that block.

Right but the paper makes the claim that there is an equilibrium between adding transactions (more fees) and increasing block size (smaller reward).

Looks like that is missing from the code you posted.

tacotime

legendary

Activity: 1484

Merit: 1005

Quote from: smooth on April 21, 2014, 10:59:29 PM

Quote from: tacotime on April 21, 2014, 10:58:09 PM

We should probably fix the mempool/getblocktemplate at some point to not include ALL transactions at the cost of the block reward

Code:

2014-Apr-21 23:51:41.291710 [P2P5]+++++ BLOCK SUCCESSFULLY ADDED
id:	
PoW:	<8bd14baabe4f4f8f285db52e68c4e2d785c04b9f3277e912e1c0fed7f7120000>
HEIGHT 5812, difficulty:	233194
block reward: 2.167697195560(2.167696060291 + 0.000001135269), coinbase_blob_size: 345, cumulative size: 38720, 959(1/609)ms

If I was that miner I would be pissed. You should be able to set a max inclusion for transactions from the mempool in bytes somewhere.

If you read the original paper, the miner is supposed to strive for the maximum reward + transaction fees. I guess the code doesn't do that?

This is the idea case, but you're only supposed to increase block size slowly to avoid reward penalty such as was seen in that block.

You need to alter this function to avoid making blocks larger than 10 kb without necessary fees to incentivize addition to the network:

Code:

  bool tx_memory_pool::fill_block_template(block &bl, size_t median_size, uint64_t already_generated_coins, size_t &total_size, uint64_t &fee)
  {
    CRITICAL_REGION_LOCAL(m_transactions_lock);

    total_size = 0;
    fee = 0;

    size_t max_total_size = 2 * median_size - CRYPTONOTE_COINBASE_BLOB_RESERVED_SIZE;
    std::unordered_set k_images;
    BOOST_FOREACH(transactions_container::value_type& tx, m_transactions)
    {
      if (max_total_size < total_size + tx.second.blob_size)
        continue;

      if (!is_transaction_ready_to_go(tx.second) || have_key_images(k_images, tx.second.tx))
        continue;

      bl.tx_hashes.push_back(tx.first);
      total_size += tx.second.blob_size;
      fee += tx.second.fee;
      append_key_images(k_images, tx.second.tx);
    }

    return true;
  }

I'll look at it tomorrow

smooth

legendary

Activity: 2968

Merit: 1198

We just had our first public reported trade (aside from my small auctions).

1000 BMR traded at 0.0005 BTC/BMR (so a total of 0.5 BTC).

https://bitcointalksearch.org/topic/closed-mro-monero-trading-thread-and-otc-xchg-578192

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: tacotime on April 21, 2014, 10:58:09 PM

We should probably fix the mempool/getblocktemplate at some point to not include ALL transactions at the cost of the block reward

Code:

2014-Apr-21 23:51:41.291710 [P2P5]+++++ BLOCK SUCCESSFULLY ADDED
id:	
PoW:	<8bd14baabe4f4f8f285db52e68c4e2d785c04b9f3277e912e1c0fed7f7120000>
HEIGHT 5812, difficulty:	233194
block reward: 2.167697195560(2.167696060291 + 0.000001135269), coinbase_blob_size: 345, cumulative size: 38720, 959(1/609)ms

If I was that miner I would be pissed. You should be able to set a max inclusion for transactions from the mempool in bytes somewhere.

If you read the original paper, the miner is supposed to strive for the maximum reward + transaction fees. I guess the code doesn't do that?

tacotime

legendary

Activity: 1484

Merit: 1005

We should probably fix the mempool/getblocktemplate at some point to not include ALL transactions at the cost of the block reward

Code:

2014-Apr-21 23:51:41.291710 [P2P5]+++++ BLOCK SUCCESSFULLY ADDED
id:	
PoW:	<8bd14baabe4f4f8f285db52e68c4e2d785c04b9f3277e912e1c0fed7f7120000>
HEIGHT 5812, difficulty:	233194
block reward: 2.167697195560(2.167696060291 + 0.000001135269), coinbase_blob_size: 345, cumulative size: 38720, 959(1/609)ms

If I was that miner I would be pissed. You should be able to set a max inclusion for transactions from the mempool in bytes somewhere.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: tacotime on April 21, 2014, 10:55:57 PM

Quote from: r0ach on April 21, 2014, 10:41:01 PM

This is not gonna be "the next Bitcoin" unless it's forked to a Myriadcoin type revision. Four algorithms at 8-10 minutes each: Groestl, Cryptonote algo, Sha 256, and then either Skein, Heavycoin algo, or X11.

Right now this is just a botnet coin.

lol

+1

tacotime

legendary

Activity: 1484

Merit: 1005

Quote from: r0ach on April 21, 2014, 10:41:01 PM

This is not gonna be "the next Bitcoin" unless it's forked to a Myriadcoin type revision. Four algorithms at 8-10 minutes each: Groestl, Cryptonote algo, Sha 256, and then either Skein, Heavycoin algo, or X11.

Right now this is just a botnet coin.

lol

r0ach

legendary

Activity: 1260

Merit: 1000

This is not gonna be "the next Bitcoin" unless it's forked to a Myriadcoin type revision. Four algorithms at 8-10 minutes each: Groestl, Cryptonote algo, Sha 256, and then either Skein, Heavycoin algo, or X11.

Right now this is just a botnet coin.

Topic: [ANN][BMR] Bitmonero - a new coin based on CryptoNote technology - LAUNCHED - page 10. (Read 68802 times)