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Topic: [ANN][GRE] GreenCoin - A Blockchain-Based Social Carbon Ecosystem - page 37. (Read 80468 times)

legendary
Activity: 1792
Merit: 1010
Pity about the X11 algo. Time and time again it gets hash raped by the FPGA farms leaving most coins in the hands of one or two miners. This is contrary to the principle of broad based distribution. It will be too difficult and expensive to mine the coin after the first few hours.

Then I previously warned about doing a coin swap for Greencoins because this will put 6m coins into the market instantly. I see the warning was not heeded and the coin exchange is going ahead. The Greencoin holders have lots of bags that they currently cannot do anything with. As soon as the new coin hits the exchange and the price goes over 167 sats, they will dump the 6m. Some may even dump earlier because at least they can get something out where currently they can not get anything out. The 6m can almost be seen as a premine, with the premine in this case being handed to the public with no anti-dumping control like escrow. I cannot see any economic justification of doing a coin swap. Greencoin holders should rather take the hit on the nose and move on and start this coin from scratch.

The above means that there will be two highly concentrated groups of holders that will have the same objective and that is to sell to make a profit or to get something out. This gives a high risk of a dump fest and sell pressure that will kill the coin. I would suggest that you scrap the idea of doing a coin exchange and that you use a different algo than X11/13/15.

If you carry on like planned, fine, it is your coin, and there is a chance that you can actually pull it off successfully e.g. if the large farms look the other way or if the old coin bag holders all decide to hold and not to sell for at least 10 months or so. After doing a risk assessment though, the chances of the above scenario playing out is higher.

excellent write up one of best ever I have seen on BT
legendary
Activity: 1260
Merit: 1000
Went to install the new wallet today and noticed there were some probs so stopped.  Let me know if it would be helpful for me to do so anyways Chris....have 2 machines I can set them up on, one of which runs 24x7.

I know many people want to start shouting negativity but THIS dude deserves our patience.......I KNOW he is extremely dedicated to making this project a success!  There are problems now and there have been problems all along, but we have something crucial here that is missing from 99% of other coins/projects........a SINCERE and dedicated person behind it!!

No one knows if this will succeed or not, no other coin is any different......even Bitcoin, but this coin won't fail from loss of dedication and effort from the dev team.
sr. member
Activity: 532
Merit: 250
guys for test i start stratum and wallet. lets go to test. may turn out that the thread

if the unit will not work and will not be niche for 3-4 hours I will stop wallet and stratum





Smells like relaunch here..
Cheesy


i listen this coin not work.
legendary
Activity: 1568
Merit: 1000
Twitter @Acimirov
guys for test i start stratum and wallet. lets go to test. may turn out that the thread

if the unit will not work and will not be niche for 3-4 hours I will stop wallet and stratum





Smells like relaunch here..
Cheesy
sr. member
Activity: 532
Merit: 250
guys for test i start stratum and wallet. lets go to test. may turn out that the thread

if the unit will not work and will not be niche for 3-4 hours I will stop wallet and stratum
hero member
Activity: 597
Merit: 500
It's been 8 hours since the last block.

Also 1 thread will be useless. Set at least 2.
legendary
Activity: 1302
Merit: 1000
Bass Player
Everyone with an open wallet go to the debug window and type:

setgenerate true 1

You probably will NOT get a block because difficulty is high but someone will get a block and that will help move along the blockchain...
sr. member
Activity: 532
Merit: 250
i start wallet again

{
    "version" : "v2.2.0.0-ge1d17f0-CO2X2",
    "protocolversion" : 70004,
    "walletversion" : 60002,
    "encrypted" : false,
    "balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 178,
    "moneysupply" : 3684.60000000,
    "connections" : 3,
    "proxy" : "",
    "ip" : "*.*.*.*",
    "difficulty" : 4.77212257,
    "testnet" : false,
    "keypoololdest" : 1425112555,
    "keypoolsize" : 102,
    "paytxfee" : 0.00000100,
    "mininput" : 0.00000100,
    "errors" : ""
legendary
Activity: 1302
Merit: 1000
Bass Player
my windows QT has been on block 178 for awhile...

Same here... probably should exchange some coins to get POS moving...
hero member
Activity: 635
Merit: 500
my windows QT has been on block 178 for awhile...

Mine is still there.
hero member
Activity: 579
Merit: 500
CoinQuacker
my windows QT has been on block 178 for awhile...
full member
Activity: 196
Merit: 100
Launch this coin?
legendary
Activity: 1568
Merit: 1000
Twitter @Acimirov
Pool wallet or win-qt wallet ? Smiley


BTW your pool wallet seems to be not synced :   Unable to connect to wallet RPC service: RPC call failed: Failed to connect to localhost port 7553: Connection refused



sr. member
Activity: 532
Merit: 250
legendary
Activity: 1568
Merit: 1000
Twitter @Acimirov
Anyone synced the wallet ?
sr. member
Activity: 532
Merit: 250
So launch is failed or what ?


i dont now. recommended test this coin. i stop wallet and stratum.

For those who want a pool can run. But will work on your own risk
legendary
Activity: 1568
Merit: 1000
Twitter @Acimirov
So launch is failed or what ?
sr. member
Activity: 532
Merit: 250
hello guys. our pool up and launch - http://co2x.binpool.com/

but i am not listen hashrate. suggest who will work with this currency test work with this coin some time to not problems

is not stability work hashrate.

Dev all work good? Hashrate - 0 - Huh??

amazing writings dude Cheesy.... sent some hash on the pool

i now what the problem with hashrate. but i not listen blocks)))))

dev what this.

http://clip2net.com/s/3djPimg



problem with wallet or problem with blockchain.

our wallet compile from https://github.com/nuggetbram/CO2XCoin


guys i stop wallet and stratum. i listen problem with coin.

Please check whether all okay with blockchain and wallet

better use google translate

sorry my english)))
full member
Activity: 326
Merit: 100
I haven't seen this issue before, nor can I replicate it.

This mean that for whatever reason, your wallet is trying to send a block without that block including the foundation reward, but I'm not sure why that's happening or what can be done about it

Theoretically, this should only happen occasionally and will simply result in a rejected block.
sr. member
Activity: 440
Merit: 250
hello guys. our pool up and launch - http://co2x.binpool.com/

but i am not listen hashrate. suggest who will work with this currency test work with this coin some time to not problems

is not stability work hashrate.

Dev all work good? Hashrate - 0 - Huh??

amazing writings dude Cheesy.... sent some hash on the pool

i now what the problem with hashrate. but i not listen blocks)))))

dev what this.

http://clip2net.com/s/3djPimg



problem with wallet or problem with blockchain.

our wallet compile from https://github.com/nuggetbram/CO2XCoin


guys i stop wallet and stratum. i listen problem with coin.

Please check whether all okay with blockchain and wallet

better use google translate
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