••• [ANN][SMC] SmartCoin • KGW • Cryptsy • Reduced Block Rewards • Update your wallets • 10 EXCHANGE - page 254.

vk3ukf

member

Activity: 110

Merit: 10

Should be a really good sho-ooo-oo-ooo (Ed Simian)

Hi again,

a question, if it was further back then I missed it and apologize.

When will the client QT exe for Smartcoin be available for download?

I am new at this, does that happen just before launch?

During launch?

Thanks.

ctenc001

hero member

Activity: 910

Merit: 1000

SmartCoin.CryptoTycoons.com
will be open for registration within the next one or two hours!!! =D
To check out my other pools, see cryptotycoons.com

saudade

newbie

Activity: 40

Merit: 0

it's look like great ! I'm in!

AtlantisPlatform

member

Activity: 98

Merit: 10

Quote from: maject on January 23, 2014, 12:22:03 PM

First Smartcoin pool pre registration OPEN

https://smc.updamoon.com

Why mine at updamoon.com?

24 hours availability mining.
Secondary mining url：
- stratum+tcp://mining.updamoon.com:9005
- stratum+tcp://mining.updamoon.net:9005
Optimized website access speed for global users.
SSL protection users's privacy and password. 95% of pools do not. (HTTPS)
We value customer feedback

The name of your pool does not inspire confidence or sound professional, updamoon?? sounds like a secondhand blade in a 17 year old's bedroom on the bookshelf beside the Playstation.

vk3ukf

member

Activity: 110

Merit: 10

Should be a really good sho-ooo-oo-ooo (Ed Simian)

It does appear to be the case.

I need to earn some points.

I had these,

Changing avatars is currently not possible.

Images are DISALLOWED
10 posts are required to use links
Max 2000; characters remaining: 1775

*Link Removed*

But I could insert some plain test into the sig.

Roll Eyes

Um, does the forum have a sand pit where I could go and throw some practice paper aeroplanes?

Wink

vk3ukf

member

Activity: 110

Merit: 10

Should be a really good sho-ooo-oo-ooo (Ed Simian)

Hi,
I've signed up.
I went to change the sig, but an error happened.
Strange message, you can not change your avatar.

I wasn't trying to change my avatar.

??

Perhaps because this is my first post on the forum.
Well, now that I've made a test post, I'll go and try and edit that sig again.

I clicked the button the the first post, I am waiting for the email.

Success! You will receive an email with your coins as soon as we're ready!
Cheesy

Excellent.

Best of luck.

Trendzter

newbie

Activity: 18

Merit: 0

Very excited about smartcoin. Can't wait for it to launch!

rikkejohn

hero member

Activity: 644

Merit: 500

interesting

smartcoin

member

Activity: 112

Merit: 10

smartcoin.io

We've officially reached 1000 sign ups!

ksiadz

newbie

Activity: 7

Merit: 0

Registered too

seems to be great alt

Jayem

member

Activity: 98

Merit: 10

~~Registerd. Just one question.. those who are mining now.. is that the pre-mine percentage?~~

Forget this message. Was looking at the wrong coin the pool. Smartcoin is at zero work at the moment.

GeMeZz

newbie

Activity: 3

Merit: 0

Quote from: maject on January 23, 2014, 12:22:03 PM

First Smartcoin pool pre registration OPEN

https://smc.updamoon.com

Why mine at updamoon.com?

24 hours availability mining.
Secondary mining url：
- stratum+tcp://mining.updamoon.com:9005
- stratum+tcp://mining.updamoon.net:9005
Optimized website access speed for global users.
SSL protection users's privacy and password. 95% of pools do not. (HTTPS)
We value customer feedback

Will register in a few sec Cheesy

, lets start mining!

adam1230

legendary

Activity: 1218

Merit: 1001

Quote from: maject on January 23, 2014, 12:22:03 PM

First Smartcoin pool pre registration OPEN

https://smc.updamoon.com

Why mine at updamoon.com?

24 hours availability mining.
Secondary mining url：
- stratum+tcp://mining.updamoon.com:9005
- stratum+tcp://mining.updamoon.net:9005
Optimized website access speed for global users.
SSL protection users's privacy and password. 95% of pools do not. (HTTPS)
We value customer feedback

Registered!

maject

member

Activity: 112

Merit: 10

First Smartcoin pool pre registration OPEN

https://smc.updamoon.com

Why mine at updamoon.com?

24 hours availability mining.
Secondary mining url：
- stratum+tcp://mining.updamoon.com:9005
- stratum+tcp://mining.updamoon.net:9005
Optimized website access speed for global users.
SSL protection users's privacy and password. 95% of pools do not. (HTTPS)
We value customer feedback

Paldover

full member

Activity: 190

Merit: 100

I´m in.

smartcoin

member

Activity: 112

Merit: 10

smartcoin.io

Quote from: ctenc001 on January 23, 2014, 08:57:58 AM

Quote from: smartcoin on January 23, 2014, 08:30:25 AM

Quote from: MickeNorsk on January 23, 2014, 07:35:22 AM

Quote from: miramare on January 23, 2014, 03:13:34 AM

Let's do some maths.

"45,000 SMC will be divided equally and given to the people who reserved their SMC beforehand."
And OP hope at least 8000 ppls will researve SMC (each will receive 60 ).
The total amount will be ~8000* 60~ 480,000!

Or is sth wrong? 800 ppls instead of 8000 ppls? Huh

It's as you quoted.. "45,000 SMC will be divided equally"
If 8000 reserve SMC we'll only get 5.625 SMC (45000/8000)
But more likely "only" 1000 will reserve (45000/1000) = 45 SMC

But what I'm a bit confused about is the 15 SMC bonus for the signature.
Will that also be drawn from the 45,000 pot?
In that case, if 1000 signup, we'll still get 45 SMC and not 60.
If it's a seperate pot for the bonus, what if 8000 signup, that will be 120,000 SMC if all get a 15 SMC bonus.

Please clear this up for me

//Michael

We predict 1000 regular sign ups and about 50 bonuses (750 SMC) so the math works out because we will just take 750 out of the developer bounty.

Quote from: The One on January 23, 2014, 08:10:15 AM

Quote from: ctenc001 on January 23, 2014, 07:46:25 AM

Quote from: smartcoin on January 06, 2014, 12:51:59 AM

PoW Algorithim: Scrypt
Block Interval: 40 seconds
Starting Difficulty: 0.00024414062
Difficulty Retarget: Every 540 blocks (6 hours)
Total Coin Supply: ~51,200,000

I feel like the difficulty retarget time needs to be reduced dramatically. Take a look at catcoin, and ronpaulcoin. As soon as a multipool hits this coin, they'll mine until next retarget, difficulty will skyrocket, they'll leave, and then there will not be enough hash left for us to meet the next retarget time.

Its far better to set retarget time to something like ~54 instead of 540 blocks, and to limit the change to 10% or so instead of allowing it to jump 5000% because one multipool joined in for a few minutes. This can be handled otherways, this just seems like the easiest way to have a smooth difficulty retarget.

Every coin i've seen with a retarget this high either forks 2 weeks after launch or dies.

Concur with ctench.....lower the DR to 50 to 60 or implement the Kimoto's gravity well. The coin will die.....RPC will survive the mistake due to the popularity of the name (branding) but Smartcoin branding is weak at the start.

We've definitely looked at ways to reduce instamining, but didn't really take the rehash rate into consideration. The good news is that its still changeable even though we will be tighter on time. How does an 60 block (~40 seconds) difficulty rehash sound?

significantly better =)
i'd still try to include a max% change instead of letting it jump up and down so much an unlimited amount though. Or Kimoto's gravity well if you still have time (im sure this is way more complicated).

While it would allow for more instamining early on; this can be avoid by making the first ~500 blocks equal to 0 coins.

without this implemented the coin behavior will be as follows: 540 blocks per 6 hours, means 90 an hour is the target.
lets say you have 100 MH/s nonmultipool miners, and 1 GH/s multipool miner joins the pool. this adds 10x the hash rate; meaning all 540 blocks will be mined in about 35 minutes instead of 6 hours. At this time the difficulty jumps up until 1 GH/s mines 540 per 6 hours. The multipool would then leave; and the remaining 100 MH/s would then take 60 hours to complete the 540 blocks.
So you would have 35 minutes of easy, profitable mining; and then 60 hours of unprofitable mining. My math could be off, but you get the basic idea.

Same concept for 60 block without max% or kimoto's gravity implemented; just to a lesser extent.

basically you only want your difficulty to jump up until your just barely not the most profitable coin to mine so that multipools avoid you adn they screw someone else over instead =p

We will be seriously considering adopting Kimoto's Gravity Well from Megacoin. It may delay the launch but we'll do our best.

ctenc001

hero member

Activity: 910

Merit: 1000

Quote from: smartcoin on January 23, 2014, 08:30:25 AM

Quote from: MickeNorsk on January 23, 2014, 07:35:22 AM

Quote from: miramare on January 23, 2014, 03:13:34 AM

Let's do some maths.

"45,000 SMC will be divided equally and given to the people who reserved their SMC beforehand."
And OP hope at least 8000 ppls will researve SMC (each will receive 60 ).
The total amount will be ~8000* 60~ 480,000!

Or is sth wrong? 800 ppls instead of 8000 ppls? Huh

It's as you quoted.. "45,000 SMC will be divided equally"
If 8000 reserve SMC we'll only get 5.625 SMC (45000/8000)
But more likely "only" 1000 will reserve (45000/1000) = 45 SMC

But what I'm a bit confused about is the 15 SMC bonus for the signature.
Will that also be drawn from the 45,000 pot?
In that case, if 1000 signup, we'll still get 45 SMC and not 60.
If it's a seperate pot for the bonus, what if 8000 signup, that will be 120,000 SMC if all get a 15 SMC bonus.

Please clear this up for me

//Michael

We predict 1000 regular sign ups and about 50 bonuses (750 SMC) so the math works out because we will just take 750 out of the developer bounty.

Quote from: The One on January 23, 2014, 08:10:15 AM

Quote from: ctenc001 on January 23, 2014, 07:46:25 AM

Quote from: smartcoin on January 06, 2014, 12:51:59 AM

PoW Algorithim: Scrypt
Block Interval: 40 seconds
Starting Difficulty: 0.00024414062
Difficulty Retarget: Every 540 blocks (6 hours)
Total Coin Supply: ~51,200,000

I feel like the difficulty retarget time needs to be reduced dramatically. Take a look at catcoin, and ronpaulcoin. As soon as a multipool hits this coin, they'll mine until next retarget, difficulty will skyrocket, they'll leave, and then there will not be enough hash left for us to meet the next retarget time.

Its far better to set retarget time to something like ~54 instead of 540 blocks, and to limit the change to 10% or so instead of allowing it to jump 5000% because one multipool joined in for a few minutes. This can be handled otherways, this just seems like the easiest way to have a smooth difficulty retarget.

Every coin i've seen with a retarget this high either forks 2 weeks after launch or dies.

Concur with ctench.....lower the DR to 50 to 60 or implement the Kimoto's gravity well. The coin will die.....RPC will survive the mistake due to the popularity of the name (branding) but Smartcoin branding is weak at the start.

We've definitely looked at ways to reduce instamining, but didn't really take the rehash rate into consideration. The good news is that its still changeable even though we will be tighter on time. How does an 60 block (~40 seconds) difficulty rehash sound?

significantly better =)
i'd still try to include a max% change instead of letting it jump up and down so much an unlimited amount though. Or Kimoto's gravity well if you still have time (im sure this is way more complicated).

While it would allow for more instamining early on; this can be avoid by making the first ~500 blocks equal to 0 coins.

without this implemented the coin behavior will be as follows: 540 blocks per 6 hours, means 90 an hour is the target.
lets say you have 100 MH/s nonmultipool miners, and 1 GH/s multipool miner joins the pool. this adds 10x the hash rate; meaning all 540 blocks will be mined in about 35 minutes instead of 6 hours. At this time the difficulty jumps up until 1 GH/s mines 540 per 6 hours. The multipool would then leave; and the remaining 100 MH/s would then take 60 hours to complete the 540 blocks.
So you would have 35 minutes of easy, profitable mining; and then 60 hours of unprofitable mining. My math could be off, but you get the basic idea.

Same concept for 60 block without max% or kimoto's gravity implemented; just to a lesser extent.

basically you only want your difficulty to jump up until your just barely not the most profitable coin to mine so that multipools avoid you adn they screw someone else over instead =p

smartcoin

member

Activity: 112

Merit: 10

smartcoin.io

Quote from: MickeNorsk on January 23, 2014, 07:35:22 AM

Quote from: miramare on January 23, 2014, 03:13:34 AM

Let's do some maths.

"45,000 SMC will be divided equally and given to the people who reserved their SMC beforehand."
And OP hope at least 8000 ppls will researve SMC (each will receive 60 ).
The total amount will be ~8000* 60~ 480,000!

Or is sth wrong? 800 ppls instead of 8000 ppls? Huh

It's as you quoted.. "45,000 SMC will be divided equally"
If 8000 reserve SMC we'll only get 5.625 SMC (45000/8000)
But more likely "only" 1000 will reserve (45000/1000) = 45 SMC

But what I'm a bit confused about is the 15 SMC bonus for the signature.
Will that also be drawn from the 45,000 pot?
In that case, if 1000 signup, we'll still get 45 SMC and not 60.
If it's a seperate pot for the bonus, what if 8000 signup, that will be 120,000 SMC if all get a 15 SMC bonus.

Please clear this up for me

//Michael

We predict 1000 regular sign ups and about 50 bonuses (750 SMC) so the math works out because we will just take 750 out of the developer bounty.

Quote from: The One on January 23, 2014, 08:10:15 AM

Quote from: ctenc001 on January 23, 2014, 07:46:25 AM

Quote from: smartcoin on January 06, 2014, 12:51:59 AM

PoW Algorithim: Scrypt
Block Interval: 40 seconds
Starting Difficulty: 0.00024414062
Difficulty Retarget: Every 540 blocks (6 hours)
Total Coin Supply: ~51,200,000

I feel like the difficulty retarget time needs to be reduced dramatically. Take a look at catcoin, and ronpaulcoin. As soon as a multipool hits this coin, they'll mine until next retarget, difficulty will skyrocket, they'll leave, and then there will not be enough hash left for us to meet the next retarget time.

Its far better to set retarget time to something like ~54 instead of 540 blocks, and to limit the change to 10% or so instead of allowing it to jump 5000% because one multipool joined in for a few minutes. This can be handled otherways, this just seems like the easiest way to have a smooth difficulty retarget.

Every coin i've seen with a retarget this high either forks 2 weeks after launch or dies.

Concur with ctench.....lower the DR to 50 to 60 or implement the Kimoto's gravity well. The coin will die.....RPC will survive the mistake due to the popularity of the name (branding) but Smartcoin branding is weak at the start.

We've definitely looked at ways to reduce instamining, but didn't really take the rehash rate into consideration. The good news is that its still changeable even though we will be tighter on time. How does an 60 block (~40 seconds) difficulty rehash sound?

The One

legendary

Activity: 924

Merit: 1000

Quote from: ctenc001 on January 23, 2014, 07:46:25 AM

Quote from: smartcoin on January 06, 2014, 12:51:59 AM

PoW Algorithim: Scrypt
Block Interval: 40 seconds
Starting Difficulty: 0.00024414062
Difficulty Retarget: Every 540 blocks (6 hours)
Total Coin Supply: ~51,200,000

I feel like the difficulty retarget time needs to be reduced dramatically. Take a look at catcoin, and ronpaulcoin. As soon as a multipool hits this coin, they'll mine until next retarget, difficulty will skyrocket, they'll leave, and then there will not be enough hash left for us to meet the next retarget time.

Its far better to set retarget time to something like ~54 instead of 540 blocks, and to limit the change to 10% or so instead of allowing it to jump 5000% because one multipool joined in for a few minutes. This can be handled otherways, this just seems like the easiest way to have a smooth difficulty retarget.

Every coin i've seen with a retarget this high either forks 2 weeks after launch or dies.

Concur with ctench.....lower the DR to 50 to 60 or implement the Kimoto's gravity well. The coin will die.....RPC will survive the mistake due to the popularity of the name (branding) but Smartcoin branding is weak at the start.

Timeline

legendary

Activity: 924

Merit: 1000

TokenHouse decentralized cryptocurrency exchange

This looks like a nice alt. Hope the launch goes without problems!

Topic: ••• [ANN][SMC] SmartCoin • KGW • Cryptsy • Reduced Block Rewards • Update your wallets • 10 EXCHANGE - page 254. (Read 298835 times)