[ANN][SIM] Simcoin - A Simple Coin - page 41.

NxtChg

hero member

Activity: 840

Merit: 1002

Simcoin Developer

Quote from: Secondleo on June 06, 2014, 01:08:36 PM

Quote from: NxtChg on June 06, 2014, 06:17:31 AM

Tentacle Overlord, The Deranged Genius of The Abyss

And now you're officially named after a random bossmob from Diablo 2

Beats "King of Bitcoin", doesn't it? I mean, talk about lack of imagination...

All I need now is to figure out where to put "Galactic" in there and I'm all set.

Secondleo

full member

Activity: 196

Merit: 100

Quote from: NxtChg on June 06, 2014, 06:17:31 AM

Tentacle Overlord, The Deranged Genius of The Abyss

And now you're officially named after a random bossmob from Diablo 2

NxtChg

hero member

Activity: 840

Merit: 1002

Simcoin Developer

Quote from: cryptodevil on June 06, 2014, 06:06:55 AM

Oh I'm in for the IPO, so I'm not quite remaining up in the canopy. It's dull up there, far more interesting watching you choosing sticks.

Ah, so you're an early adopter of The Huge Stick...

Well, deranged genius is not such a bad title.

"Oh, Tentacle Overlord, The Deranged Genius of The Abyss, we call upon your name!"

Sounds nice.

cryptodevil

legendary

Activity: 2240

Merit: 1254

Thread-puller extraordinaire

Quote from: NxtChg on June 06, 2014, 05:55:13 AM

So, enjoy your comfort up there. For now.

Oh I'm in for the IPO, so I'm not quite remaining up in the canopy. It's dull up there, far more interesting watching you choosing sticks.

NxtChg

hero member

Activity: 840

Merit: 1002

Simcoin Developer

Quote from: cryptodevil on June 06, 2014, 05:09:09 AM

Well given the number of deranged idiots on this forum, I guess a deranged genius will at least make for interesting reading.

Such spirit. I wager fifteen quatloos that he is untrainable.

Uhm... thanks for you support? Undecided

I bet all the monkeys were laughing their asses off, too, at that one who decided to come down.

Right until he picked up a huge stick off the ground and beat the shit out of them.

So, enjoy your comfort up there. For now.

cryptodevil

legendary

Activity: 2240

Merit: 1254

Thread-puller extraordinaire

Well given the number of deranged idiots on this forum, I guess a deranged genius will at least make for interesting reading.

Such spirit. I wager fifteen quatloos that he is untrainable.

mladen00

legendary

Activity: 2124

Merit: 1013

K-ing®

The site is up, transaction was very fast.

Dev, maybe you have date for coin launch?

aprox?

NxtChg

hero member

Activity: 840

Merit: 1002

Simcoin Developer

Quote from: TwinWinNerD on June 05, 2014, 01:39:11 PM

The 17% account held the coins that were not claimed on the day of the launch. Basically investors that were not online and submitted a NXT address to BCnext. Most of them received their NXT in the following days.

That's what I suspected...

I also like it when people quote pictures. What a nice way to say to all your readers: "See how little I care about you? Because I couldn't be bothered to spend 2 seconds to remove that pic, now each and every one of you have to skip over it, suckers!"

Very simple and effective, indeed.

TwinWinNerD

legendary

Activity: 1680

Merit: 1001

CEO Bitpanda.com

Quote from: NxtChg on June 05, 2014, 01:35:56 PM

Simcoin distribution vs NXT:

REMOVED THAT PICTURE

Anybody knows why the top account owns 17%? Is it a special account or a really big whale? Currently it's more than 3 times off the chart...

With that huge account included the top 10 accounts owned 60.4% of all coins.

The 17% account held the coins that were not claimed on the day of the launch. Basically investors that were not online and submitted a NXT address to BCnext. Most of them received their NXT in the following days.

NxtChg

hero member

Activity: 840

Merit: 1002

Simcoin Developer

Simcoin distribution vs NXT:

Anybody knows why the top account owns 17%? Is it a special account or a really big whale? Currently it's more than 3 times off the chart...

With that huge account included the top 10 accounts owned 60.4% of all coins.

NxtChg

hero member

Activity: 840

Merit: 1002

Simcoin Developer

Quote from: BCNext on October 07, 2013, 01:25:53 AM

I decided to use Ed25519 instead of the standard Java ECDSA.

More and more interesting... What happened along the way that made him switch to Curve25519 instead?

NxtChg

hero member

Activity: 840

Merit: 1002

Simcoin Developer

Quote from: Secondleo on June 05, 2014, 10:17:18 AM

Ph’nglui mglw’nafh NxtChg R’lyeh wgah’nagl fhtagn

I do not talk like that!

Well, maybe in my sleep... Wink

NxtChg

hero member

Activity: 840

Merit: 1002

Simcoin Developer

Wow, one of the first things BCNext released was also an address gen!

Quote from: BCNext on October 02, 2013, 05:23:23 AM

I created a small program for address generation. https://mega.co.nz/#!94IETDZL!FRbFAnAi4uu4G5dh6HUSvmHfgK5GXKsh4NWdgY2avJ0
...
While you are waiting for the release you can try to generate a short memorable address Wink

Did not know that...

Secondleo

full member

Activity: 196

Merit: 100

Quote from: Mrrr on June 05, 2014, 09:26:59 AM

Quote from: TwinWinNerD on June 05, 2014, 08:08:59 AM

Quote from: NxtChg on June 05, 2014, 05:46:09 AM

Here's a bigger picture for you

I've just copied current consensus mechanism into the simulator and this is the very first, unoptimised result on a rather "bad" network with "slow" nodes.

Look at the time! Under 1 sec, as promised Grin

(Might upload a video later, if I decide this is not too revealing...)

5% packets lost. Is that bad?

I see a node 500 miles south west off the coast of Cape Town. No islands in sight so I think NxtChg just accidentally gave away the location of his hidden subterranean headquarters.

EDIT: OT: As long as this is consistently at such high speeds it could be a thing. I remember a BTC block taking close to 1,5 hours last week which wasn't all that cool since I was in the middle of something.

The tentacle overload lies in eternal slumber beneath the waves.
Ph’nglui mglw’nafh NxtChg R’lyeh wgah’nagl fhtagn

NxtChg

hero member

Activity: 840

Merit: 1002

Simcoin Developer

Quote from: Mrrr on June 05, 2014, 09:26:59 AM

I see a node 500 miles south west off the coast of Cape Town. No islands in sight so I think NxtChg just accidentally gave away the location of his hidden subterranean headquarters.

That's where my boat is currently moored

Mrrr

hero member

Activity: 617

Merit: 528

Quote from: TwinWinNerD on June 05, 2014, 08:08:59 AM

Quote from: NxtChg on June 05, 2014, 05:46:09 AM

Here's a bigger picture for you

I've just copied current consensus mechanism into the simulator and this is the very first, unoptimised result on a rather "bad" network with "slow" nodes.

Look at the time! Under 1 sec, as promised Grin

(Might upload a video later, if I decide this is not too revealing...)

5% packets lost. Is that bad?

I see a node 500 miles south west off the coast of Cape Town. No islands in sight so I think NxtChg just accidentally gave away the location of his hidden subterranean headquarters.

EDIT: OT: As long as this is consistently at such high speeds it could be a thing. I remember a BTC block taking close to 1,5 hours last week which wasn't all that cool since I was in the middle of something.

NxtChg

hero member

Activity: 840

Merit: 1002

Simcoin Developer

Quote from: TwinWinNerD on June 05, 2014, 08:08:59 AM

5% packets lost. Is that bad?

This is a network parameter. Considering that we are talking links between servers, I'd say this is a pretty "bad" network. 50 msec jitter is not particularly nice either.

Also here all the nodes are randomly distributed across all continents, in reality they will be clustered much closer, many inside the same data centers with 1 Gbps links between them, so it will be significantly better.

To answer your question: the fact that it performs well under such adverse conditions is good.

TwinWinNerD

legendary

Activity: 1680

Merit: 1001

CEO Bitpanda.com

Quote from: NxtChg on June 05, 2014, 05:46:09 AM

Here's a bigger picture for you

I've just copied current consensus mechanism into the simulator and this is the very first, unoptimised result on a rather "bad" network with "slow" nodes.

Look at the time! Under 1 sec, as promised Grin

(Might upload a video later, if I decide this is not too revealing...)

5% packets lost. Is that bad?

Secondleo

full member

Activity: 196

Merit: 100

Quote from: NxtChg on June 05, 2014, 05:03:48 AM

Quote from: drawingthesun on June 05, 2014, 04:46:59 AM

I suspect your game is...

Shhhh! Be smart inside your own head Wink

Quote from: drawingthesun on June 05, 2014, 04:46:59 AM

On a more serious note. You said before that you may be using a consensus system similar to ripple in an effort to achieve instant transaction times. If this is the case why are you worried about other coins?

Well, for one, instant transactions is not such a killer feature in itself. In many cases users are quite alright with waiting 30 sec for confirmations. Besides, NXT might actually make something working, who knows, they have plans for "instant" transactions too. I am skeptical, but that doesn't mean they can't do it.

Copycats take all your work in an instant, so they immediately negate any technological lead you have. And investors don't mind jumping from coin to coin. How many here hold both NXT and NEM?

So with copycats, it's difficult to retain any lead you might have. Our species likes everything new just because it's new.

Yepp, copycats won't have the right developer though. If you actually pull this off, you'll have name, game and a reputation.
Considering the attitude you showed up until now and how you handle the situation you're going to be a serious assett the original simcoin

NxtChg

hero member

Activity: 840

Merit: 1002

Simcoin Developer

Here's a bigger picture for you

I've just copied current consensus mechanism into the simulator and this is the very first, unoptimised result on a rather "bad" network with "slow" nodes.

Look at the time! Under 1 sec, as promised Grin

(Might upload a video later, if I decide this is not too revealing...)

Topic: [ANN][SIM] Simcoin - A Simple Coin - page 41. (Read 157763 times)