Topic: [ANNOUNCE] SolidCoin - new and improved block chain. Secure from pools - page 43. (Read 85500 times)

Price already lower than Ixcoin? Not a good sign ;-)

I got a few extra.. you can have one of mine

Bed time for now (bounty processor) however I will process them in the order they are in this thread. So keep them coming.

My Win7 client crashes when I click the options link; also when I try to get a new address.

This one does at least seem to have some meaningful improvements over BTC unlike IXC and I0C, though once again I find myself reminding people of the same damn thing! If you make it so that we confirm 12 blocks per hour instead of 6, all you've done is lower the individual security of each block by half, meaning that to get the same security level found at 6 confirmations in the standard bitcoin client, you have to wait 12 confirmations now. 6 was chosen as the magic number of confirmations specifically BECAUSE it represents the block being buried under about an hour's processor time deep in the chain, and would therefore be quite difficult to undo. You're welcome to choose an arbitrary number that fits your needs better, but you'll be sacrificing some level of security. I personally have never seen one of my transactions get orphaned, except during the first couple hours on I0C, so for very rapid BTC transactions (like those done at a point of sale) I'd feel pretty comfortable accepting at 0/unconfirmed with the knowledge that significantly fewer transactions will be lost to orphaned blocks than are likely to be reversed if I accepted credit cards.

If anything, the fiasco that was I0C during the first few hours shows that the faster you make block generation occur, the HIGHER the chances are that your 0/unconfirmed blocks will become orphans since faster blockchains are more likely to fork under normal circumstances. This is the one feature change in SC that I don't like, and 3 minutes seems excessively fast. I'd have to run some studies to confirm my suspicions but I think all we've accomplished by changing blocktime to 3 minutes is to make it about 3.3 times more likely that a 0/unconfirmed block will be orphaned and therefore made SC 3.3 times less useable for traditional merchants.

11,490 blocks



i thought that was a bit odd,, and it felt really odd mining on the pool when the total pool mh was 700mh arround abouts

I didnt mind so much being a micro miner..... when I looked at my balance in the am.


Thank god for insomnia

I posted a message to my university group on google plus to check out SolidCoins, do you want a screenshot?

sf7edVnLQiK6xBohboQ15q1Ah57tkqJnW4

Wrote forum post on a Bitcoin thread I started there a couple of months back.

Bounty address? sbGcYybAUagY7Nkt9fWNWdnQ4jaenQhCee

Arimaa.com is now accepting SolidCoin for the Arimaa game set and book.

http://arimaa.com/arimaa/store/gameSet.html

SC: shDESzjoLLocNLVS5jG8sCizxKRaZJEKjn

Yes 5 minutes is the best kind of heads up to stop malicious pool owners from dominating all the early coin as was seen with I0coin.
No warning means all the small and more agile miners can get a piece of the pie making it more fair. If you think 90% of the coins being generated going into the hands of 4 or 5 people is good or fair then we'll have to disagree.

Is that supposed to be a good thing?  Is 5 minutes considered adequate heads up?   

Ughh, god.  I was hoping for something better. 

Also, how has the transaction fees problem been fixed?  The client crashes when I try to open the options dialog.

Whats the current block count?

hehe 3 minute blocks    I don't know if you can do anything about it either 

http://twitter.com/#!/AnshulSharma

For the 100 SC bounty.

sW9HJ9jqwBnnTKqiwmcrxjF7NQYqKRt5tc

I'm quoting this here in case anyone else skips to page 6, like I first did

gettting a high stale rate though 60-70%

Where can I check difficulty pls?

Edit
Never mind, I found out "getinfo" works on the solidcoin.exe too

probably tooo late but I put up a post for ya on reddit /bitcoinmining

didnt have one there yet


sbS3XHSrraSLqoETxFcFJmoVeruRuyhZyY

Suggestion: Make the windows download an installer rather than a compressed file.

Sent, thanks guys

"txid" : "cff1d073ced672730566516791b9160317dd12d5c817525c30067856ee416a99",
"txid" : "31341175bc80d7d20001fbcf6c2c44488db5470dde188b8361f0a0936520a21e",
"txid" : "8b16172bec2e0103ef9ca2c0934c4b5a266929d688fa790691ee399ee44d3e34",

Added to bounties page

We have had two donators also add 3500 SC to the mix.