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Topic: [ANN][STEEM][POW] - NO IPO | NO PREMINE | NO INSTAMINE (relaunch) - page 21. (Read 133095 times)

legendary
Activity: 2576
Merit: 1073
The fact is that when you saw that someone else got a lot of blocks and could potentially challenge your dominance of delegated pow, you re-launched.

That's only one part of the scam but it is a big one.

Your frustration is very understandable. I would have been pissed off too if this happened to me (mining for half a day and getting all blocks, just to find out this turned to be a wasted effort/time  Sad ).

But the fact is - you have absolutely no proof the old launch was abandoned because you got the majority of blocks.
This is just your assumption, not backed by anything, except your frustration. I doubt folks at exchanges will believe this and base their actions on that assumption. Now we even don't know when/whether this Dev guy is going to list this on any exchange.. This could be just and"experiment' and a waste of time for all (or call it 'something to spend the time on weekend').

I'll stop here, not to be called a shill again.. Finally, I have no mission or reason to defend this (have not mined many, and I am just a observed here), let this Dev do that if he feels it is needed.
legendary
Activity: 2576
Merit: 1073
I shut my miners off as soon as I realized how the scam works. You should try to comprehend everything I've said.

I did. You put it pretty clear, and I am not the one who needs things to be said twice. But as I told, I don't think it is that simple, and I don't think we listened the other side of the story and have seen the big picture yet.

Glad to see your actions fit your words. Looks like you are done with this project for now and moved to the side of its haters. Its your choice.
I am still moderately interested, and I expect to see more here. I am not going to argue with you or try to prove this project is something very big. I just don't know, and as opposed to you, I am able to recognize the fact that "I don't know". I just have a feeling it is more than we see.
Hope we understood each other.
Time will show.
member
Activity: 70
Merit: 10
I'll be able to change everything!
When is this coin going to exchanges? I want to try trade this coin

You'll get dumped on by the devs pretty hard.

You need to stop getting scammed and actually read the fucking thread too.

https://bitcointalksearch.org/topic/annsteempow-no-ipo-no-premine-no-instamine-relaunch-1410943

They have mined all of it so that they can control delegated pow. They will be the only ones who can do pow, and they will mine very easy and dump continuously. To ROI they only need to dump 2-3 btc. Everything else will be pure profit. I'd run from this coin and try something else.


Scam.   You Keep Using That Word, I Do Not Think It Means What You Think It Means.

Anyway, any developer as skilled as you knows that the code we released takes months to develop and can infer we have a greater mission.

I chose not to moderate your post above because you have no knowledge about which you speak and your post discredits you.

1. It is impossible to judge someones intentions, especially when you haven't gotten a chance to know them.  
2. It is impossible to determine an honest bug from an intentional handicapping. We were bit by the NONCE issue ourselves.
3. There is no code of ethics among miners, any miner who develops a better algorithm, custom hardware, or other advantages keeps those advantages to themselves. This is true with every hashing algorithm on every alt coin ever.  Quite frankly, there are people much smarter than I am who will likely develop more efficient implementation for STEEM.  How can we possibly compete with botnets using stolen hash power?  We are not miners, we hate mining, that is not our skill.  
4. We consider lack of mining pools to be GOOD for decentralization.
5. The reason for the relaunch was that it was cheaper to do (for all parties) than a hard fork after just a few days.  Hash power is insignificant next to development costs. We relaunched for several reasons:
      a. we had a bug that was hard to fix with a hard fork and didn't want to support the buggy code forever
      b. many people called for a relaunch because it would be more fair
      c. people had more time to learn about STEEM and so everyone was on more equal footing the second go around
6. Whether or not something is cheating depends upon the rules of the game. You are playing checkers and we are playing chess. We don't subscribe to your rules.

Our rules are simple: read the code or blindly trust us but don't complain about the rules of our game. We have given everyone an opportunity, a gift.  If you are not interested in our gift and our rules then don't play.

We make no promises about the future value of STEEM. We are not attempting to pump STEEM.  
We are only playing by the rules the regulators have given us. In fact, we don't even promise to support STEEM nor
certify that it is fit for any purpose.  Given all of those facts, there is no grounds for any complaint.

This is an EXPERIMENT and the hypothesis of the experiment is that success depends upon completely different factors than you believe.  

  

legendary
Activity: 2576
Merit: 1073
When is this coin going to exchanges? I want to try trade this coin

You'll get dumped on by the devs pretty hard.

You need to stop getting scammed and actually read the fucking thread too.

https://bitcointalksearch.org/topic/annsteempow-no-ipo-no-premine-no-instamine-relaunch-1410943


They have mined all of it so that they can control delegated pow. They will be the only ones who can do pow, and they will mine very easy and dump continuously. To ROI they only need to dump 2-3 btc. Everything else will be pure profit. I'd run from this coin and try something else.


I don't think its that simple. Expect this to be bigger than you think.


Did you read my post I linked? You are either a shill or have a serious blind spot for scams.


I read it from beginning to the end yesterday. And I agree to most of points you wrote there. What you tell makes perfect sense, and perfectly represents one side of the story.

However I still think there might be a new facts on this coin, which may change the game. I have seen many scams here, and this is not looking like any of them. So.. probably I am a shill then, right ? Grin Grin

Also I have noticed you are still actively mining this along with the Dev and few others. So what conclusions should one make from that fact? You are mining a scam coin with multiple CPUs and multiple accounts, for what purpose may I ask? Smiley
legendary
Activity: 2576
Merit: 1073
When is this coin going to exchanges? I want to try trade this coin

You'll get dumped on by the devs pretty hard.

You need to stop getting scammed and actually read the fucking thread too.

https://bitcointalksearch.org/topic/annsteempow-no-ipo-no-premine-no-instamine-relaunch-1410943


They have mined all of it so that they can control delegated pow. They will be the only ones who can do pow, and they will mine very easy and dump continuously. To ROI they only need to dump 2-3 btc. Everything else will be pure profit. I'd run from this coin and try something else.


I don't think its that simple. Expect this to be bigger than you think.
full member
Activity: 196
Merit: 100
When is this coin going to exchanges? I want to try trade this coin
legendary
Activity: 2576
Merit: 1073
Can somebody upload already compiled daemon steemd please? I'm complete stuck with this boost library.

I suppose you anyways will need boost libraries to run that compiled daemon. Also there are other useful binaries there too, except the daemon, btw.

Try these instructions for installing Boost: http://shortrecipes.blogspot.am/2015/02/ubuntu-1404-install-boost-157.html.
They helped me a lot. After you install the Boost in /opt/boost_1_57_0, add these into the CMakeLists.txt in the root folder of steem:

Code:
SET(BOOST_ROOT /opt/boost_1_57_0/)
legendary
Activity: 2576
Merit: 1073
If you study the code you will discover that this chain has 6 different kinds of proof of work, most of them much more useful than spinning a CPU.

Hmm.. Then why are you spinning your CPU's so heavily now..? Other kinds of PoW are not in effect at the moment?
full member
Activity: 156
Merit: 100
Can somebody upload already compiled daemon steemd please? I'm complete stuck with this boost library.
sr. member
Activity: 597
Merit: 253
... and the swarm is headed towards us
I'm trying to figure out if I should be using multiple accounts. What would you say would be an optimal hash rate for each mining account? And do you have any long term plans for Steem?

If the queue length is 92, then it will take about 92 minutes to move your account through the queue. Everyone should mine with at least 2 accounts.

A typical i7 can get between 15K and 25K HPS which will find one POW every 100 to 150 minutes.  

If you are mining with an i7 then I would say 2 or 3 accounts is the most you will need to have no down time.

Is this done with a single command? I tried to start mining with a second account on the same machine but keep getting an exception "Last block ID does not match current chain state". Thanks.

Still trying to figure this out.

Keeping this info to yourself to make sure theres no one else competing with your army of miners flash?
legendary
Activity: 924
Merit: 1000
how to withdraw from vesting ?
is vesting giving any ineterest ?
what is SBD for? how to get SBD ?
member
Activity: 70
Merit: 10
I'll be able to change everything!
How to Transfer to Vesting

Code:
unlocked >>> list_my_accounts
....
steemit                1389.000 STEEM    2312.000000 VESTS            0.000 SBD
....
unlocked >>> transfer_to_vesting "steemit" "steemit" "1389.000 STEEM" true
{
  "ref_block_num": 15993,
  "ref_block_prefix": 551116914,
  "expiration": "2016-03-27T12:40:51",
  "operations": [[
      "transfer_to_vesting",{
        "from": "steemit",
        "to": "",
        "amount": "1389.000 STEEM"
      }
    ]
  ],
  "extensions": [],
  "signatures": [
    "205be729debe9bfeac9ee85f28f8f48766c57401c248954a723a2b2b31cfb5b9fd737047565c6522db824cb7e5ca7a046850c2057cec2f5855cdbd36f9aa49e769"
  ]
}
unlocked >>> list_my_accounts
....
steemit                   3.000 STEEM    3701.000000 VESTS            0.000 SBD
....

Any API call that calls for an asset parameter expects a string of the form     "X.Y SYMBOL" and must have the exact number of digits as the precision.
sr. member
Activity: 597
Merit: 253
... and the swarm is headed towards us
I'm trying to figure out if I should be using multiple accounts. What would you say would be an optimal hash rate for each mining account? And do you have any long term plans for Steem?

If the queue length is 92, then it will take about 92 minutes to move your account through the queue. Everyone should mine with at least 2 accounts.

A typical i7 can get between 15K and 25K HPS which will find one POW every 100 to 150 minutes.  

If you are mining with an i7 then I would say 2 or 3 accounts is the most you will need to have no down time.

Is this done with a single command? I tried to start mining with a second account on the same machine but keep getting an exception "Last block ID does not match current chain state". Thanks.

Still trying to figure this out.
sr. member
Activity: 597
Merit: 253
... and the swarm is headed towards us
Thanks Eclipse Crypto for the instructions on how to obtain the private key.  I am still getting an error though. "unable to parse private key"

im using this format

 ./steemd --miner='["accountname","${WIFPRIVATEKEY}"]' --witness='"accountname"' --seed-node="52.38.66.234:2001" --mining-threads=2

Make sure you are disregarding the dollar sign and curly brackets so for example '["jookly","5... "]'.
If that doesnt work maybe try using a private key produced with the suggest_brain_wallet command.

Regarding some of the other comments in the thread why are windows users so entitled? Its a piece of piss to learn how to at least install ubuntu in a vm. If you give one flying fuck about the ideals of crypto you shouldnt be using that steeming (heh) shitpile of an os anyway.
legendary
Activity: 1131
Merit: 1007
Thanks Eclipse Crypto for the instructions on how to obtain the private key.  I am still getting an error though. "unable to parse private key"

im using this format

 ./steemd --miner='["accountname","${WIFPRIVATEKEY}"]' --witness='"accountname"' --seed-node="52.38.66.234:2001" --mining-threads=2
hero member
Activity: 548
Merit: 501
how many people control this account?:

[
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  "abdul",
  "admin",
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  "adrian",
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  "chen",
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  "darah",
  "dark",
  "debruyne",
  "diego",
  "dnaleor",
  "donkeyman1",
  "drsteem",
  "earth",
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  "fmooo",
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  "graavor",
  "hailey",
  "hannah",
  "hanyuu",
  "hello",
  "hiva",
  "hiva1",
  "hunter",
  "initminer",
  "italy",
  "itsascam",
  "jacktheripper",
  "james",
  "jamgotin",
  "jasmine",
  "jeffreydahmer",
  "jenn",
  "jones",
  "kevphanis",
  "kkk",
  "lee",
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  "lin",
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  "mary",
  "miners",
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  "mn12defgj1",
  "moderator",
  "monero",
  "mottler",
  "mottler-1",
  "mottler-2",
  "mottler-3",
  "mottler-4",
  "mr11acdee",
  "mr11acdee1",
  "nextgen1",
  "nextgen10",
  "nextgen11",
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  "nextgen13",
  "nextgen16",
  "nextgen2",
  "nextgen3",
  "nextgen6",
  "nextgen7",
  "nextgencrypto7",
  "nextgencrypto9",
  "nicefknlaunch",
  "nnn",
  "norway",
  "null",
  "nxt",
  "nxt1",
  "nxt10",
  "nxt2",
  "nxt3",
  "nxt4",
  "nxt5",
  "nxt6",
  "nxt7",
  "nxt8",
  "nxt9",
  "nxtgencrpto11",
  "panadacoin",
  "rainmac",
  "rainman",
  "rainman-2",
  "rainman-3",
  "root",
  "scam",
  "scamcoin",
  "scamconfirmed",
  "shitcoinmining",
  "sminer1",
  "sminer10",
  "sminer11",
  "sminer12",
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  "sminer15",
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  "thomass",
  "user",
  "yomamasofat",
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]
legendary
Activity: 1241
Merit: 1005
..like bright metal on a sullen ground.
Coin without Windows Wallet? Why are you going with Linux wallet only? You just want to mine this coin yourself?

Why you are not installing Linux ?
it is for free ...
surprised this question comes from old member

have you actually considered that there are people especially new members that might not know how to use linux?

99.99% of coins do release with a windows wallet so I don't think this the suggestion is unreasonable unless this new method of pow makes creating a windows wallet difficult.

If there is no reason not to create a windows wallet then not doing so will result in the coin being branded a captive instamine scam.
Best to release one whilst there is still opportunity for some people to mine that wish to mine.

Darkcoin/dash is still remembered today for not releasing with a windows wallet.

No idea what this coin is but ETH launched without windows anything and it seems to be doing okay (yeah, I know was crowd sale but didn't have a windows wallet for a long time).  I think linux only launches, etc can be good in some cases. 
hero member
Activity: 672
Merit: 500
Coin without Windows Wallet? Why are you going with Linux wallet only? You just want to mine this coin yourself?

Why you are not installing Linux ?
it is for free ...
surprised this question comes from old member

have you actually considered that there are people especially new members that might not know how to use linux?

99.99% of coins do release with a windows wallet so I don't think this the suggestion is unreasonable unless this new method of pow makes creating a windows wallet difficult.

If there is no reason not to create a windows wallet then not doing so will result in the coin being branded a captive instamine scam.
Best to release one whilst there is still opportunity for some people to mine that wish to mine.

Darkcoin/dash is still remembered today for not releasing with a windows wallet.

Quote
Why you are not installing Linux ?
it is for free ...
surprised this question comes from old member

Majority people in the world use Windows OS, So almost all coins come out with Windows Wallet.

Without windows wallet means, the coin is for instamining.  After DEV instamine heavily, they release windows wallet. (I challenge: stay with only Linux wallet and survive this coin).

No one change their OS, for only running this type of coin's wallet Smiley-


Quote

have you actually considered that there are people especially new members that might not know how to use linux?

99.99% of coins do release with a windows wallet so I don't think this the suggestion is unreasonable unless this new method of pow makes creating a windows wallet difficult.

If there is no reason not to create a windows wallet then not doing so will result in the coin being branded a captive instamine scam.
Best to release one whilst there is still opportunity for some people to mine that wish to mine.

Darkcoin/dash is still remembered today for not releasing with a windows wallet.

I agree 100% with you.
legendary
Activity: 3136
Merit: 1116
newbie
Activity: 48
Merit: 0
For those who are doing the math, this means we have mined 75% of the STEEM held by current accounts.
For those who are worried about us dumping, we intend to convert it all to VESTS at the end of the week.
VESTS are locked up, non-transverable, non-divisible, STEEM that can only be unlocked via 104 equal weekly payments (2 years).

We recommend everyone convert their STEEM to VESTS.

If this is just HODL plastered on top of bitshares, you are in for a surprise. Bittrex doesn't even think HODL is worth listing.

You are going to need more than just HODL-style "vests".


HODL was inspired by the same blog post http://bytemaster.github.io/article/2016/01/04/The-Benefits-of-Proof-of-Work,  but we feel he didn't get the point.

FreeTrade, creator of HODL, has a bad reputation for several failed coins Memory Coin, Memory Coin II, etc.

Starting 30 days from launch, VESTS will get to vote on 19 witnesses. 1 witness will be selected by mining and 1 will be time-shared with the remaining witnesses proportional to their votes. A total of 21 per round.

After 30 days all block production and pow rewards are automatically converted to VESTS to reward miners who make long-term commitment.

The difference between this and BitShares is that the voters must be VESTING and cannot dump if they don't like how things go.  Also, unlike BitShares, there are no worker proposals nor major changes to the protocol which
should take much of the politics out of the coin. There are only two real tokens, STEEM and SBD.

Lastly, unlike BitShares, VESTS are never diluted unless over 90% of all STEEM is held as vesting.




Good luck explaining that to your average shitcoin trader. Maybe add "will have anon" in red letters if you want your coin to go anywhere Cheesy
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