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Topic: [ANN][SIM] Simcoin - A Simple Coin - page 33. (Read 157763 times)

sr. member
Activity: 308
Merit: 250
EVERYTHING YOU CAN IMAGINE IS REAL
June 10, 2014, 07:16:05 AM

I really appreciate all the activity here NxtChg, and the Trello board was a wise choice.

Standing by for any design and ui/ux work I can offer to the project.

hero member
Activity: 840
Merit: 1002
Simcoin Developer
June 10, 2014, 06:53:18 AM
I have some concerns regarding the password strength in the website. eg I think they can be brute-forced relatively easy.

What do you think?

Over the network? Come on...
legendary
Activity: 1708
Merit: 1000
Reality is stranger than fiction
June 10, 2014, 06:51:50 AM
I have some concerns regarding the password strength in the website. eg I think they can be brute-forced relatively easy.

What do you think?
hero member
Activity: 840
Merit: 1002
Simcoin Developer
June 10, 2014, 06:44:30 AM
What will determin, which nodes will get a reward? Completly random is gameable by setting up loads of fake nodes.

"Proportional to stake" solves this problem. It will also probably cost money to activate a node account.

Is it possible to test a node and see if it actually helps to secure the network, by letting it process a test transaction/block? Is it possible to record how long a node has been active?

Yes, that's the point of this tool. It will monitor nodes and if they are dead for too long or have poor performance - decrease or eliminate reward.
full member
Activity: 196
Merit: 100
June 10, 2014, 06:23:22 AM
- The password of this account is unknown, random, and only software knows it.

That's pretty much impossible.

But other than that, your scheme is very close. The mother account will be the Foundation account. It will know the password.

Also good idea to use automated fees, tied to this account. Not sure if it will be feasible, but I will think about it.

I thought about a similar approach yesterday.
What will determin, which nodes will get a reward?
Completly random is gameable by setting up loads of fake nodes. Injecting additional transaction fees will hand out most money to those who process the most transactions (on which metric will the transaction processor be determined anyway?)

Is it possible to test a node and see if it actually helps to secure the network, by letting it process a test transaction/block? Is it possible to record how long a node has been active?
For any meaningful reward to nodes metrics are needed to determine which nodes should be rewarded.

Are you sure this will only be possible with an external program?

On the other hand, an external one might be interesting after all, as long as it is only needed to receive rewards to run a node.
Choice is important in that aspect.
hero member
Activity: 840
Merit: 1002
Simcoin Developer
June 10, 2014, 06:11:17 AM
I've added Suggestions board.

https://trello.com/b/HvwRlxrZ/suggestions

If you want to suggest tasks for Simcoin, ask me for invitation. I don't know if you can do it inside Trello, if not - PM me your username.
full member
Activity: 133
Merit: 100
June 10, 2014, 05:39:06 AM
Any news about exchange? I'd like to buy some simcoins...

Well, why do you think I started the Trello board?

So people stop asking the same "are we there yet?" questions...
Yep, I saw  on trello, lovely. thanks
legendary
Activity: 882
Merit: 1002
June 10, 2014, 05:25:47 AM
A quick suggestion, is to split bounties and discussions to separate boards...
I am a big fan of not multiplying entities beyond necessity Smiley
really? Your thread is so messy I would have never guessed.  Wink
By the way if anyone is against moderated threads look at the troll fest in qora thread.
hero member
Activity: 840
Merit: 1002
Simcoin Developer
June 10, 2014, 05:19:46 AM
A quick suggestion, is to split bounties and discussions to separate boards...

I am a big fan of not multiplying entities beyond necessity Smiley
hero member
Activity: 756
Merit: 502
June 10, 2014, 05:15:43 AM
Well, since it was your idea, you are now assigned as my guide to Trello.

("assigned" is a weak word for Tentacle Overlord... "summoned"?)

Feel free to ask. A quick suggestion, is to split bounties and discussions to separate boards, as otherwise this "main" one will become quickly cluttered.

If needed, you can always have a "status" board, giving summary of all what goes now, with links to the relevant boards. That said, it will make sense only if the project team grows in size - Trello makes it very easy just to jump between the boards and see what's going on.

probably conjured Smiley
legendary
Activity: 882
Merit: 1002
June 10, 2014, 05:14:35 AM
Looks like we are stuck with Simcoin.
Ok - Simcoin is cool.
@dzarmush you can start making the best logo ever  Cheesy

(p.s: I think NxtChg must be using something like this http://www.blockear.com/ but for messages that are posted in this thread - blazing fast response every time)
hero member
Activity: 840
Merit: 1002
Simcoin Developer
June 10, 2014, 05:08:06 AM
NxtChg have you decided about the name? Or we staying with simcoin? (I personally prefer names without the word "coin")
It's important to get this finalize before you can start the logo + style contest

Looks like we are stuck with Simcoin.

Abandoning "coin" was a bold move by NXT, but I don't think it quite panned out...

I am pretty sure in 21-st century the word "coin" will mean "cryptocurrency" Smiley
legendary
Activity: 882
Merit: 1002
June 10, 2014, 05:05:48 AM
There is already a currency called "simcoin"
http: //www.simcoin.org/
Therefore, the proposed change of name

That looks like a dead project or an attempt not to look like a cybersquatter.

NxtChg have you decided about the name? Or we staying with simcoin? (I personally prefer names without the word "coin")
It's important to get this finalized before you can start the logo + style contest
hero member
Activity: 840
Merit: 1002
Simcoin Developer
June 10, 2014, 04:59:54 AM
Glad you like it, I never start a project without it Smiley.

Well, since it was your idea, you are now assigned as my guide to Trello.

("assigned" is a weak word for Tentacle Overlord... "summoned"?)
hero member
Activity: 756
Merit: 502
June 10, 2014, 04:56:58 AM
He-he-he, Trello is fun Cheesy

Glad you like it, I never start a project without it Smiley.
hero member
Activity: 840
Merit: 1002
Simcoin Developer
June 10, 2014, 04:53:01 AM
Bounties: https://bitcointalksearch.org/topic/sim-bounties-645679

(I will keep moving this post so it remains on the last page)
hero member
Activity: 840
Merit: 1002
Simcoin Developer
June 10, 2014, 04:51:19 AM
Any news about exchange? I'd like to buy some simcoins...

Well, why do you think I started the Trello board?

So people stop asking the same "are we there yet?" questions...
full member
Activity: 133
Merit: 100
June 10, 2014, 04:49:34 AM
It is fun - but from my experience some Devs spend too much time there updating and organizing tabs instead of coding - don't get sucked in  Wink

So far it was helpful. I was able to quickly type 25 checklist items for the exchange Smiley

And more importantly - it's now visible to everyone. I like it.

Also, as more people get on board we can use their collaboration features.
This is good idea to have trello about simcoin! I like it.

Any news about exchange? I'd like to buy some simcoins...
hero member
Activity: 840
Merit: 1002
Simcoin Developer
June 10, 2014, 04:41:07 AM
It is fun - but from my experience some Devs spend too much time there updating and organizing tabs instead of coding - don't get sucked in  Wink

So far it was helpful. I was able to quickly type 25 checklist items for the exchange Smiley

And more importantly - it's now visible to everyone. I like it.

Also, as more people get on board we can use their collaboration features.
legendary
Activity: 882
Merit: 1002
June 10, 2014, 04:36:50 AM
He-he-he, Trello is fun Cheesy
It is fun - but from my experience some Devs spend too much time there updating and organizing tabs instead of coding - you are a multitask pro so i am less worried  Wink
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