Topic: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE - page 68. (Read 198723 times)

Well I wouldn't say it's a non-issue if someone can create a client update that devalues a coin in an instant, even if that is possible with any coin, particularly as most clients don't seem to be GPG signed (the liteclient is and I'd like to see all clients adopt this practice) to help prevent users downloading and installing a rogue client. More that it's an issue for all cryptocurrencies, rather than a non-issue. Sounds a bit worrying actually.

It's a non issue. I could just as easily craft a client update that will create 50 billion coins and make them spendable only by me. This type of attack is possible on ANY coin.

Think about it though. The program can be updated easily. If it were so easily removed, it could just be as easily added back in, thus making the coins spendable again.

Who is to say he won't do that?

FUD. Coins aren't spendable.

Hi artos, this guy says 1.25 Million premined coins are still up ... is it true?  If true, are theses coins spendable ?

It seems a serious charge ...

https://bitcointalksearch.org/topic/critical-info-to-minerinvestor-of-stablecoin-125-m-premined-still-spendable-359975

Why would it be?
It has been more alive than ever.

it's not dying i hope

sbc.pnwminer.com is showing an untrusted certificate issued on 12/2013 when I open the page now, so I'm reluctant to login to it until that's explained or fixed.

Thanks for working that out for me CoinGeneral

It would be terrible if that was true but it's only the estimate from hashco, which I've only just started using today and is a PPLNS and I understand it takes at least 12 hours to get up to the correct amount per miner on those. It's already changed to 8.675E-5. I've also noticed this doesn't appear to include my SBC earnings, which show as 0.57 SBC at the moment.

I'm mining on a couple of other pools as well and in the past few days have earned roughly what Coinwarz estimates for me, which has been 44 SBC some days and 24 on others due to the varying difficulty. Currently it estimates 64 SBC but I doubt I'll earn that because of just starting with a PPLNS.

I only added hashco to my pools because of  int3ractivodular's comments that when they're mining SBC with their large pool hashrate (currently 878 MH/s) the smaller pools don't have a chance of finding a block or earning me anything, so it seems pointless mining on those whilst hashco is mining SBC. If that's true, ideally we'd be able to direct out all our hashrate to hashco when they're mining SBC and direct it to the other pools when they're not (maybe still leaving some % mining on hashco to get some BTC for the other coins) but it seems the only way to do this at the moment is to manually monitor what coin hashco is mining and switch our pools manually, which is obviously impractical.

I've noticed that there appears to be a bug in CGWatcher, where if I disable a Pool that works but if I later Enable it, that doesn't work and I have to Stop and re-start the miner to fix it, so watch out for that if you try it.

Another strange thing I've noticed is that I use MSI Afterburner to overclock and set my fan to 90% but when I stop the miner, the fan slows right down as if it's reset to Auto speed (probably about 40%) and when I restart the miner (via CGWatcher) it speeds the fan up again but only to 85% and I have to change it in Afterburner manually back to 90%. I'm not sure if CGWatcher or cgminer is causing this, so I'll have to investigate a bit more but I can't see any settings in CGWatcher that would cause it.

I do not think it will matter in the long term.

It's this much:

0.00009677 BTC per day
SBC is worth 0.00041 BTC each

So you're earning ~1/4th of a single SBC per day

Or 9 cents per day

(At the current rate) Keep in mind this is how most coins start out, they're worth a few pennies, a few months down the road, they're worth dollars. So your 9 cents per day may one day turn into $5 per day let's say

True, I have little knowledge of such numbers. Never mind then, I thought it was just a glitch.

I would like to set up a Block Explorer for StableCoin that will actually stay online. Willing to cover the costs of a couple, beefy Linode boxes if needed. I would imagine storage is more important than processing power. In any case, if anyone has experience setting these up, please drop me a line.

You obviously don't have any knowledge on those numbers. That is very, very small.
Someone who's more proficient in English and has a wider knowledge should explain it to you.

Hey artos, what do you think of this comment? It was just posted to the StableCoin subreddit and I find myself kind of agreeing, because I was trying to think of nicknames for it the other day.

Now hashco.ws is showing my est. daily BTC earnings as 9.677E-5. I wish , lol.

Updated the site with more resources. http://stablecoin.net

Both are being worked on simultaneously. There's a bit of an arms race of sort going on in the altcoin space right now. Market share is equally important, so we're being extremely aggressive on that front. The growth we've experienced in just over a week has been astounding. As we expand even more, we hope to draw the interest of talented individuals who want to join the project.

On the current round on Miningpool.co, it's showing 4796 Valid shares and 497 Invalid (9.4%), hashco.ws is showing 27 Accepted, 1 Rejected (3.57%) and coin-base.org is showing 76 Valid and Invalid (0.01%).

Can anyone explain why I'm getting such a high % of invalid/rejected on the first two but not on the last?

I'm not trolling.
I'm doubting. Good luck.

The marketing effort is nice, but I do hope that development of the mixing service is still the first priority. This is the main thing that differentiates the coin from the others, and until it's actually implemented, the coin seems pretty generic. I imagine a lot of potential buyers are waiting on this to happen before making a move.