[ANN][XC] >> Mandatory Update to new Wallet - The first POS X11 anonymous wallet - page 136.

zmhaha

sr. member

Activity: 260

Merit: 250

Quote from: ocminer on May 27, 2014, 03:13:17 AM

Quote from: ?? on ??

Cool OC cheers

just so happened I woke up and it was on block 20001 with 450% shares so wasn't sure. then saw your notice saying stratum would be shut down.

Your on top of things as usual!

A few hours ago an update was posted to max blocks 20.000 .. i was wondering myself, but did the update an no one complained ..

I just took a nap and now saw there was AGAIN an update on github a few minutes ago and saw that this time max blocks was 21.000 ...

well..

why did we not just let it at 22.500 ? These 1.500 blocks would not have made THE difference now...

I am curious too. Why bother to even lower it further from 22500 to 21000?

heartastack

hero member

Activity: 714

Merit: 500

What do you think will take this coin to the next level (10 mil + market cap)?

Sit and wait, or are we waiting for further developments?
Cheers

ocminer

legendary

Activity: 2688

Merit: 1240

Quote from: ocminer on May 27, 2014, 03:13:17 AM

Quote from: ?? on ??

Cool OC cheers

just so happened I woke up and it was on block 20001 with 450% shares so wasn't sure. then saw your notice saying stratum would be shut down.

Your on top of things as usual!

A few hours ago an update was posted to max blocks 20.000 .. i was wondering myself, but did the update an no one complained ..

I just took a nap and now saw there was AGAIN an update on github a few minutes ago and saw that this time max blocks was 21.000 ...

well..

why did we not just let it at 22.500 ? These 1.500 blocks would not have made THE difference now...

Aaaand we just found Block 20117

Ezravdb

hero member

Activity: 1680

Merit: 506

Trphy.io

Quote from: lojsn on May 27, 2014, 03:15:16 AM

yes I am 100% serious, myself and another developer are working on this RIGHT NOW.. , I can't guarantee it will work YET, however I have committed serious resources($$$) to making this happen

Lol who are you

lojsn

member

Activity: 92

Merit: 10

yes I am 100% serious, myself and another developer are working on this RIGHT NOW.. , I can't guarantee it will work YET, however I have committed serious resources($$$) to making this happen

ocminer

legendary

Activity: 2688

Merit: 1240

Quote from: ?? on ??

Cool OC cheers

just so happened I woke up and it was on block 20001 with 450% shares so wasn't sure. then saw your notice saying stratum would be shut down.

Your on top of things as usual!

A few hours ago an update was posted to max blocks 20.000 .. i was wondering myself, but did the update an no one complained ..

I just took a nap and now saw there was AGAIN an update on github a few minutes ago and saw that this time max blocks was 21.000 ...

well..

why did we not just let it at 22.500 ? These 1.500 blocks would not have made THE difference now...

ocminer

legendary

Activity: 2688

Merit: 1240

Quote from: ocminer on May 27, 2014, 03:06:32 AM

Quote from: coine_smithe on May 27, 2014, 02:00:51 AM

Quote from: WuzzD on May 27, 2014, 01:58:07 AM

Did POW just end at block 20001 or is it ending at 21000? Both were said, I confused.

PoW is going until 21K. The dev made an error in announcing that it would end at 20K.

updating suprnova now..

again...

i've updated suprnova now.. max block is now 21.000 instead of the 20.000 announced a few hours ago..

Will there be another "wild recalibration" or is this the final word from the dev ?!

ocminer

legendary

Activity: 2688

Merit: 1240

Quote from: coine_smithe on May 27, 2014, 02:00:51 AM

Quote from: WuzzD on May 27, 2014, 01:58:07 AM

Did POW just end at block 20001 or is it ending at 21000? Both were said, I confused.

PoW is going until 21K. The dev made an error in announcing that it would end at 20K.

updating suprnova now..

again...

battbot

hero member

Activity: 616

Merit: 500

Quote from: Thrash on May 27, 2014, 02:56:44 AM

Interesting:

"proof-of-work" : 10017.68414767,
"proof-of-stake" : 0.00089909,

The more hash they throw at it the more POS blocks we find. Over 10,000 difficulty on POW. Price is to low.

I remember atcsecure mentioned something about such a change in the wallet update. Glad to see its working!

BADASS

newbie

Activity: 28

Merit: 0

https://i.imgur.com/nwAsmLD.gif

Thrash

sr. member

Activity: 519

Merit: 253

Interesting:

"proof-of-work" : 10017.68414767,
"proof-of-stake" : 0.00089909,

The more hash they throw at it the more POS blocks we find. Over 10,000 difficulty on POW. Price is to low.

Thrash

sr. member

Activity: 519

Merit: 253

Wow! POS is really finding a lot of the blocks at this point. 68 out of the last 100, 68%

http://cryptexplorer.com/chain/X11Coin?count=100&hi=20099

Only 901 blocks to go in POW phase.

rubberpool

full member

Activity: 140

Merit: 100

POOL.MN - we mine the hottest coins!

Quote from: Pajkho on May 27, 2014, 02:47:33 AM

Which pool has all the hashrate?

asic manufacturers seem to have all the hashrate atm

Pajkho

member

Activity: 67

Merit: 10

Which pool has all the hashrate?

rubberpool

full member

Activity: 140

Merit: 100

POOL.MN - we mine the hottest coins!

Quote from: battbot on May 27, 2014, 02:40:36 AM

http://xc.pool.mn/index.php?page=statistics

http://xc.pool.mn running fine! Hop in! Grin

battbot

hero member

Activity: 616

Merit: 500

http://omargpools.ca/xc/index.php?page=statistics&action=pool
http://xc.mine-coin.de/index.php?page=statistics&action=pool
http://xc.pool.mn/index.php?page=statistics
https://www.minep.it/pool/XC/

All these appear to be working

mannie

full member

Activity: 168

Merit: 100

Quote from: CryptoGretzky on May 27, 2014, 02:26:37 AM

Quote from: mannie on May 27, 2014, 02:24:52 AM

Quote from: Thrash on May 27, 2014, 01:56:32 AM

Quote from: battbot on May 27, 2014, 01:45:03 AM

Quote from: mannie on May 27, 2014, 01:43:05 AM

Quote from: battbot on May 27, 2014, 01:40:36 AM

Quote from: mannie on May 27, 2014, 01:39:46 AM

Quote from: battbot on May 27, 2014, 01:34:04 AM

Quote from: mannie on May 27, 2014, 01:31:29 AM

I've been watching this coin with interest and I have to say, I don't understand the great rush with things. Why the need to transition to POS right away? If the coin isn't well distributed there's a risk of a 51% attack by a big holder having coins on minting. Is there even a distribution list/chart for the POW coins?

Because there are FPGA's accounting for about 60-70% of the net hash. That is why.

FPGA x11 code: http://cryptography.gmu.edu/athena/index.php?id=source_codes

Okay but isn't that jumping from one security problem to another? Isn't anyone concerned about uneven distribution of staking wallets, considering a large number of coins will be bound up on exchanges?

Exchange wallets do not stake. They disable stake. This can be confirmed by bittrex-richie (bittrex) and tf2honeybadger (poloniex).

That's what I mean. Coins on exchanges won't be staking thereby reducing the number of coins you would need to have 51% of minting coins. Am I wrong?

atcsecure would have to answer that one -- I'm not quite sure how it all works to be honest.

I do not want to answer for the dev but here is my take on it.

Let's say we end up at 5.6 million coins at the end of POW. (Using a low number as this is worse case scenario.) If 1/2 of the coins are on the exchanges that leaves 2.8 million in wallets for staking. If only 1/2 of the people keep there wallets unlocked and staking then that leaves 1.4 million coins staking. So a successful 51% would require 700,000 XC, about $500,000 US at current prices, which could happen but even if someone has that many I believe they would need to have knowledge and bad intentions to do damage. I doubt 1/2 of the coins will be on exchanges and I think as long as the coin is doing well it is likely more than 1/2 of them that are in wallets will be staking. Therefore not sure if it is something to be to concerned about at this time.

Please correct me if I am misunderstanding or have misrepresented anything.

I agree it's probably not likely but a double-spend exploit must be a big target for some people. I just don't get the rush to POS. Aren't there other ways to get around the big hash whales?

You don't get it because you are DRK bagholder.... People that believe in XC gets it so that it can't fork like DRK today....

Take that antagonism somewhere else, pal. I'm having a conversation with adults here.

battbot

hero member

Activity: 616

Merit: 500

***Updated to v0.9.1.4x11-coin-1.0***

Link to NEW Wallet (updated 9:45PM PST 5/26):
https://mega.co.nz/#!ZcN3xJBa!AusfqUpr6keImDaMKkOXnO165ZmEWl1WNfpuVX8EFkE

Distribution changes: PoW blocks reduced. Now 21,000 PoW blocks @ 333 per block.
(Estimated) Total Supply: ~5.6m XC
Estimated PoW Days Remaining: 1 day

Thrash

sr. member

Activity: 519

Merit: 253

Quote from: CryptoGretzky on May 27, 2014, 02:27:21 AM

Quote from: ballzdeep on May 27, 2014, 02:23:59 AM

Quote from: CryptoGretzky on May 27, 2014, 02:22:08 AM

Quote from: WuzzD on May 27, 2014, 02:17:09 AM

still block 20001 on every pool i look at, for over 20 minutes now?

I think because a lot of pools updated to the 20k wallet... now it's totally the farm that is mining the coin... I think it's a huge mistake to roll it back to 21k instead of the 20k wallet....

yea, just keeps rising....NET HASH 952.41 GH/S

Our last 10k block basically will mostly go to the gigantic farm/multipool... our XC... no.....

Yes, they are mining it but it is pretty apparent they are dumping it just as fast as they get it. This is allowing some people who do not mine to buy in at a lower price than they would have been able to without the mp's. I think it may actually help the disbursement of the coin which is a good thing in the long run. Once we get to the end of POW there will be no more cheap XC.

Do not get me wrong I am not a mp fan but the end is in sight. Only 910 blocks to go.

wartywarlock

full member

Activity: 208

Merit: 100

wow quite the hasrate to wake up to! Need some more peeps to hit coinmine.pw haha seems were lower on the pecking order today.

ATCSecure, good job buddy, good job indeed.

Topic: [ANN][XC] >> Mandatory Update to new Wallet - The first POS X11 anonymous wallet - page 136. (Read 268504 times)