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Topic: [ANNOUNCE] SolidCoin - new and improved block chain. Secure from pools - page 26. (Read 85528 times)

sr. member
Activity: 252
Merit: 251
I'm talking about the protocol.  You know, that thing that's actually kind of difficult to change once a blockchain gets established?  What have you done that can't just be released as a modified client for the Bitcoin blockchain?  By my count:

  • Difficulty algorithm aims for 3 minute blocks instead of 10 minute blocks.  Achieved by changing one constant.  Of questionable merit, due to scalability concerns.
  • Difficulty retargets more often.  Achieved by changing one constant.  Essential for an underdog blockchain to survive, but not really relevant for Bitcoin.
  • Difficulty increases limited to +10% per retarget.  Achieved by changing one constant.  Essentially an extra subsidy to miners, not relevant for Bitcoin.
  • Block reward changed from 50 to 32.  Achieved by changing one constant.  Irrelevant except for the psychological factor, see also: Ixcoin.

Any other PROTOCOL changes that I missed?  If not, then are these really supposed to be your grand innovations that we're all expected to switch blockchains for?

For a start many of those things if you look in the code aren't a "constant". I can tell you haven't looked at the code because you would see there is 3 bands of increase, 2%, 6% and 10%. So already you're coming from a ridiculously ignorant position.

Secondly the majority of the Bitcoin procotol works well, so the majority of the the protocol needs little changing in my mind, but when it comes to the important things I did change them, as small as they may be. They make SolidCoin a resilient network, BETTER than Bitcoin. This isn't subjective.

Thirdly if you think all that Bitcoin is about is the protocol you probably share the same characteristics as many of the developers, most with their heads in the sand. Where is the ease of use to get grandma using it? Where are the tools to help developers make secure sites so that MyBitcoin.com's aren't happening every second week. Where is the education of the people who are now losing money for others through careless mistakes? Where are the optimizations to the most commonly called APIs? We have sites going up and down like a yoyo as they try to balance a broken program.

Since I took the Bitcoin source and made SolidCoin there have been "3 commits" to Bitcoin in a week and a half. None adding or fixing anything. Meanwhile hundreds of lines have been added to SolidCoin, 40 or so bugs have been fixed and the network is capable of defending itself against a variety of scenarios Bitcoin cannot. So carry on with your ignorant thoughts if you want to continue coming across as a fool.
hero member
Activity: 686
Merit: 564
    I'm talking about the protocol.  You know, that thing that's actually kind of difficult to change once a blockchain gets established?  What have you done that can't just be released as a modified client for the Bitcoin blockchain?
    All of the changes can't be released as a modified client for the Bitcoin blockchain; doing so would cause a fork in the blockchain which would be a lot more disruptive than simply starting a new one. In particular, the problem with forking the blockchain is that transactions can be carried from one side to the other and this can be used to double-spend bitcoins - once on each side of the fork - and obtain bitcoins that are valid on both sides, guaranteeing that exchanges and e-wallets will be screwed over.

    • Difficulty algorithm aims for 3 minute blocks instead of 10 minute blocks.  Achieved by changing one constant.  Of questionable merit, due to scalability concerns.
    Sounds like a good reason to implement it on a new, smaller network rather than Bitcoin then.

    • Difficulty retargets more often.  Achieved by changing one constant.  Essential for an underdog blockchain to survive, but not really relevant for Bitcoin.
    • Difficulty increases limited to +10% per retarget.  Achieved by changing one constant.  Essentially an extra subsidy to miners, not relevant for Bitcoin.
    Not relevant to Bitcoin now; it's an open question as to whether it will be in the future. Also, the limited difficulty increases aren't just a subsidy to miners, they're also necessary to stop the difficulty from overshooting wildly. (For some reason they're not just implemented as a simple change to one constant either; the way difficulty increases are calculated is substantially modified.)

    • Block reward changed from 50 to 32.  Achieved by changing one constant.  Irrelevant except for the psychological factor, see also: Ixcoin.
    It was an arbitrary choice when Satoshi made it for Bitcoin and it's still an arbitrary choice now.

    (Also, am I the only person that's more worried about the security implications of their changes to difficulty targetting than anything else?)
    legendary
    Activity: 1078
    Merit: 1005
    Just used the http://solid.coinb.in wallet to send a donation to @doublec
    Awesome, thanks! And great to see an e-wallet for SC online!
    member
    Activity: 84
    Merit: 10
    I like Bitcoin, Monero and BCash
    Just used the http://solid.coinb.in wallet to send a donation to @doublec

    25.01sc into the wallet

    http://solidcoin.whmcr.co.uk/tx/c0a5373bb09f6246dcb49675fee20b869d981f175dad63906e4750a0411f9af0#o1

    25.00sc out of the wallet into @doublec's address.

    http://solidcoin.whmcr.co.uk/tx/13509113e57961bed8d4505e0aa3a1d8878530ee3a2d40f55dab1b560aae305f#o0

    I'm happy with using coinb.in as an ewallet for SC. I won't hold much there though, I think we all learned that lesson.  Roll Eyes

    Well done @OutCast3k for getting such a brilliant SC ewallet sorted so quickly!  Grin
    legendary
    Activity: 1078
    Merit: 1005
    @doublec I'd like to send you a couple of sc where shall I send them?
    Thanks Lorna! sT4nHpQFTCo9UcNSnSwp8eEUqGgJe6DMrX
    member
    Activity: 84
    Merit: 10
    I like Bitcoin, Monero and BCash
    could there be an additional variable for the day average (or similar) if that's not too much to ask?
    I've added two variables, the high and low price in the last 24 hours. You could maybe find a midpoint between these as an average. There is an 'average' price in the ticker which is a weighted average over the last 24 hours but it has an intermittent bug which can make this lower than the low price for the day. I haven't included this since that'll cause problems with your pricing. When I've fixed that bug I'll add it and let you know.

    @doublec I'd like to send you a couple of sc where shall I send them?
    legendary
    Activity: 1078
    Merit: 1005
    A diff would help to make your point.
    This is my attempt to break down the solidcoin changes made since the bitcoin version it was based on: https://github.com/doublec/solidcoin

    The tag 'solidcoin/v000' is the initial bitcoin release. The tags 'solidcoin/v102' is the current source available for download. There are minor differences due to whitespace changes but this shows the code changes. This might help you identify the 40-50  bug fixes that coinhunter is talking about.

    sr. member
    Activity: 313
    Merit: 251
    Third score
    Even if another blockchain does overtake Bitcoin, SolidCoin won't be the one to do it.  To be successful, the challenger would need to make significant protocol-level improvements, and even that might not be enough.  CoinHunter hasn't done this.  Protocol-wise, all he's done is changed a few constants; nothing more complex than what the creator of Ixcoin did.

    Haha, could you post some more FUD? SolidCoin is nothing like Ixcoin, which changed (besides name changes) maybe ~50 lines of code. Ixcoin has now copied some aspects of SolidCoin's changes.

    SolidCoin on the other hand has added code to the base to extend the API, fixed about 40-50 bugs, streamlined areas of the UI, implemented a much smarter network algorithm and processes blocks much faster. All within a week. If you're going to try to troll something at least get your information right and attack it justly.

    For instance if I was going to attack SolidCoin I would say it's still got a lot of buggy and not so buggy Bitcoin code in it. I'm trying to change that. The difference is I've been writing apps from the ground up and releasing them online for almost 15 years, the people with my experience rarely, if ever, work for free on projects like SolidCoin. You know why? We're out enjoying money and other things in life instead of innovating. I want to innovate with this because I want to be an end user of a viable online currency, not one that is broken like btc.

    A diff would help to make your point.

    On the other point, that Solidcoin does not bring substantial changes to the world, see the fact that you accused the Bitcoin early adopters of being "elitist" and now you yourself are becoming arrogant against them, which brings you down to the same level of attitude that you seemingly reject. QED.

    BTW, you haven't even changed the default port in the FAQ after the new release. Are you perhaps in a rush and you forgot? Buggy FAQ...
    sr. member
    Activity: 266
    Merit: 251
    Even if another blockchain does overtake Bitcoin, SolidCoin won't be the one to do it.  To be successful, the challenger would need to make significant protocol-level improvements, and even that might not be enough.  CoinHunter hasn't done this.  Protocol-wise, all he's done is changed a few constants; nothing more complex than what the creator of Ixcoin did.

    Haha, could you post some more FUD? SolidCoin is nothing like Ixcoin, which changed (besides name changes) maybe ~50 lines of code. Ixcoin has now copied some aspects of SolidCoin's changes.

    SolidCoin on the other hand has added code to the base to extend the API, fixed about 40-50 bugs, streamlined areas of the UI, implemented a much smarter network algorithm and processes blocks much faster. All within a week. If you're going to try to troll something at least get your information right and attack it justly.

    I'm talking about the protocol.  You know, that thing that's actually kind of difficult to change once a blockchain gets established?  What have you done that can't just be released as a modified client for the Bitcoin blockchain?  By my count:

    • Difficulty algorithm aims for 3 minute blocks instead of 10 minute blocks.  Achieved by changing one constant.  Of questionable merit, due to scalability concerns.
    • Difficulty retargets more often.  Achieved by changing one constant.  Essential for an underdog blockchain to survive, but not really relevant for Bitcoin.
    • Difficulty increases limited to +10% per retarget.  Achieved by changing one constant.  Essentially an extra subsidy to miners, not relevant for Bitcoin.
    • Block reward changed from 50 to 32.  Achieved by changing one constant.  Irrelevant except for the psychological factor, see also: Ixcoin.

    Any other PROTOCOL changes that I missed?  If not, then are these really supposed to be your grand innovations that we're all expected to switch blockchains for?
    sr. member
    Activity: 313
    Merit: 251
    Third score
    Well, that sounds somewhat painful.  Guess we'll just stick to doing them manually.  Thanks for the response though! ^_^

    Are you talking about sex or the PHP cart scripts?
    newbie
    Activity: 19
    Merit: 0
    Well, that sounds somewhat painful.  Guess we'll just stick to doing them manually.  Thanks for the response though! ^_^
    member
    Activity: 84
    Merit: 10
    I like Bitcoin, Monero and BCash
    So, anyone have any idea how to go about integrating Solidcoin/Bitcoin processing into oscommerce as some sort of realtime payment gateway?  I'm drawing a blank.

    I would think you could send your cart order through coinb.in or solid.coinb.in in a similar way as if your were processing with paypal. Once you get the confirmation callback from coinb.in you could make your dispatch.

    @OutCast3k am I getting that right?

    If I get an instance going on my site I'll post the method.
    hero member
    Activity: 756
    Merit: 500
    Smoothie: ah so its on. I think sexcoin is already used in a 3d online interactive sex game so we should use the slightly more tacky name groupsex coin.
    newbie
    Activity: 19
    Merit: 0
    So, anyone have any idea how to go about integrating Solidcoin/Bitcoin processing into oscommerce as some sort of realtime payment gateway?  I'm drawing a blank.
    full member
    Activity: 210
    Merit: 100
    You replied about the vendor, but never actually sent the Publicity bounty for funkykit.  Two separate claims just like my first PM said.
    hero member
    Activity: 481
    Merit: 529
    SolidCoin is on Abe: http://abe.john-edwin-tobey.org/

    Note: this site exists for demonstration purposes and will not handle heavy loads.  Please consider hosting a copy of Abe.
    sr. member
    Activity: 252
    Merit: 251
    Posted about Solidcoin on funkykit.com, PM'd CoinHunter about it, received replies, have not received bounty.
    Also posted about them and began accepting them on my business page (epic-hw.com, we're new but have already sold some fan controllers), haven't heard back on that end or received bounty.

    What's up CoinHunter?
    I'd love to see Solidcoin succeed, but not paying bounties isn't going to help much.

    Didn't I reply to your PM? I believe I asked you for some more details about your vendor bounty claim.
    legendary
    Activity: 2492
    Merit: 1473
    LEALANA Bitcoin Grim Reaper
    Smoothie and Lorna:

    The obvious thing here is to make a currency for pornsites possible called sexcoin, eroticacoin, or porncoin. Could be used for pay per view, monthly memberships, virtual lap dances and so on.
    It's a purpose built currency for the porn industry. Lorna you could be the mascot for it and Smoothie you can help mine them. Sound good?


    BTW guys solid coins are now a falling currency. The trend is a falling one. You can tell by the limp downward movements on the graph that is falling. Maybe someone injected some viagra after the first major crash but its got no where to go but down for now. Netcraft confirms it.

    http://solidcoin.kicks-ass.org/graphs/graphs.html

    LOL I'll mine them if you develop the source for release. Haha.

    Anyway, solidcoins are in a downward movement.

    I suspect the market will bottom out at 0.007 to 0.0085 btc range and rebound.

    I sold all my solid coins earlier at 0.026 btc and indicated I would wait until the market moves lower, if at all.
    newbie
    Activity: 10
    Merit: 0
    In addition to my last post, i added the 5 reasons to own solid coin to my blog.

    check it out:
    http://credibleideas.blogspot.com/2011_08_27_archive.html



    Cheesy
    full member
    Activity: 210
    Merit: 100
    Posted about Solidcoin on funkykit.com, PM'd CoinHunter about it, received replies, have not received bounty.
    Also posted about them and began accepting them on my business page (epic-hw.com, we're new but have already sold some fan controllers), haven't heard back on that end or received bounty.

    What's up CoinHunter?
    I'd love to see Solidcoin succeed, but not paying bounties isn't going to help much.
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