Topic: [DBL] Doubloons: Pirate Currency - page 3. (Read 139905 times)

we might just be keeping to the code 

That really comes down to the percentages more than anything. Anyway just sent you a PM. I'd really like to discuss options with you in real time.

and how is that different from POW? still the rich getting richer?

once you could exchange BTC for fiat then it becomes just as fair as fiat (ie rich in fiat can become rich in crypto).

If I understand well the pirat coin was flibustered in fun mode and now looking for beeter way?)

The pirates are the best enterpreneurs, so good luck!

It (change reward system) require a hardfork. It is doable.
It is possible to change LTC v0.14 code into working DBL, but need to be chosen block in near future to allow blocks v3 and v4 and it will start voting for segwit.
So miners NEED to use new version as soon it will be released, or network will split.
Also, new versions will have trouble to accept transactions generated by older code (because of strict-DER-signing).
I`m not a fan of PoS, it is mostly killing coin and only make coin rich ppl richer. Also I have zero experience in coding it.

Yeah I noticed lots of transactions being reversed between September 24th and October 2nd. Some Pirates seem to have been digging loot mined by other pirates earlier, leaving behind only empty chests. I guess pirates will be pirates.


The pirate thing is just a fun theme so currently it's not that much different from most cryptocurrencies that came before it or in the several years since. The one thing it did have going for it was a low coin cap at 8m coins overall and a fair start. It was traded on Cryptsy for a couple of years but has not been listed on any other exchange since Cryptsy collapsed. People such as myself and kelsey who have been holding on to coins for years want to reboot the coin, get it listed on an (or several) exchange(s) and encourage people to create services for the coin in exchange for bounties giving it an actual purpose and real world value.

Discussions are still ongoing but the current favourite option is to start fresh with a new Proof Of Stake based wallet, premine the 8 million total coins that DBL was supposed to generate before becoming solely transaction fee based (a landmark which we're currently less than 2 weeks from reaching on the current client although a bug will mean the old client will continue paying in full past this point). The premined coins on the new client would then be swapped 1:1 with those generated on the old client up to and including block 1,181,684 (8m DBL generated).

We are aware that a number of coins were lost when Cryptsy stopped processing withdrawals and ultimately collapsed. This in addition to people who may have lost private keys etc. means there will inevitably be an excess from the 8 million premine after any swap is completed. What we would like to do is use these excess coins to pay bounties for services. This is something we would like to put to a vote as part of any coin swap so for every whole DBL you own you get one vote for what to do with any excess the two choices would be:

1. Hold them for bounties.
2. Send them to a burn address to make them forever unspendable.

Of course in the event of the former being the most popular option no one person should have the power to spend these coins so multisignature approval will be required to spend these coins and as such we'll be looking to create a foundation to work for the betterment of the coin and vote on how best to allocate any excess coins. Membership on the foundation will require a sizeable portion of the members own personal holdings to be locked up with assurances they won't be traded. (They will however be permitted to stake these coins and do as they choose with their PoS interest). In doing this in cooperation with the fact owners will be gaining interest on the coins they hold in their own wallet we hope to mitigate any subsequent dumpage when the coin actually does get relisted on an exchange as people should be more likely to want to retain possession of their own coins.

It may also be advisable to rebrand the replacement coin as although DBL was the first to carry the name Doubloons it has recently been recycled in the unaffiliated BOAT and two coins carrying the same name (albeit with different tickers) would lead to unnecessary confusion.

What it boils down to is we want to try and get this coin back on it's feet and build a sustainable future, not just dump our holdings and move on.

I read the forum and can't understand what it means pirate cryptocurrency? How is it different from any other ?

some pirate threw alittle too much at it the other day 

I'm here, my captain!  



My Zeus Blizzard 1.2MH/s is mining.

Don't know anyone else, but someone mining too for sure

{
"blocks" : 1164037,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.15146333,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 9745539,
"pooledtx" : 1,
"testnet" : false
}

what pirates are currently mining ? someone trying to make off with others stash 

things are moving along behind the scenes, should be future updates, road map etc stay tune.

Recently wasn't here updates and payments on the project..

nice work 

we'll have to organise a roadmap/plan move this thing forward 

I've managed to get my old faucet & block crawler back up and running albeit at a different url so that's one step closer.

Anyone needing a good list of peers to sync up with can get a list here

i think POS would fit in well with DBL, what pirate wouldn't stake their claim

great to have you onboard Petr1fied, good to see you're still around these parts.

Been a long time since I personally posted on this forum, I kinda drifted away from the scene a couple of years back. I was quite a fan of DBL back in 2013/2014 and always thought it had potential so traded it quite extensively on Cryptsy back then. Fortunately I wasn't caught up in the Cryptsy debacle as I had transferred my coins to personal wallets by August 2014. I did however think I'd lost my DBL passphrase in a hard drive failure though.

Anyway to bring it up to date a few days ago I found an old KeePass backup file stored on a thumb drive and it turns out it had amongst other passwords my main DBL wallet passphase.  

Thanks to this thread & the current peers I managed to get my client up to date and now have access to my coins I once thought lost. As there is no longer an exchange my coins don't have any value right now so I'm prepared to offer up 50K of my personal stash to any bounty fund to get this coin back on track and on an exchange.

One thing I have noticed since getting it back up to date is that the coin will be completely mined out in less than a month as we will soon reach 8m DBL mined, we're currently at 7,764,533 DBL mined as I type this so time is short to come up with a plan for what to do next to keep the network moving once we reach this milestone.

Anyway thought I'd chip in and say hi to the Pirates of Olde. Lets be gettin' this coin back on the seven seas. Yarr!



EDIT: Regarding the 8m limit I've been reading through some of the older posts on this thread (in particular this one from raven_pl) and it seems Shakezula made a mistake in the code and set the maximum transaction limit (not maximum minable coins) to 8 million DBL and the actual cutoff is block 10,519,200 (20 years assuming 1 block per minute since inception) making the actual minable total 71,166,240 coins. Confirmed this myself by reviewing the code.

@rav3n_pl as the resident guardian of the github repository do you have a plan for how to deal with this? As the entire network consists of a literal handful of people right now it shouldn't be too difficult to hard fork especially as the few currently mining probably won't want to see their own holdings devalued ninefold if we sit back and do nothing. Not sure what the best plan of action is myself as I haven't been following evolution of cryptocurrencies for the last 2 years. Based upon my knowledge a couple of years back I would have suggested POS (Proof Of Stake) post block 1,181,683 (8 million coins generated point) as it's very low effort mining and anyone staking will find their coins increase in line with the overall inflation just by holding on to them and unlocking their wallet to allow their coins to stake every so often. I'm not sure what other alternatives have come about in the last couple of years though.

yes unfortunately the whole cryptsy situation was the death of many coins and coin communities., and many good crypto people got burnt. 6699 is a nice holding seeing this is a very low coinage coin (and many would be lost).


i do hope there are more people like yourself still holding, gives us reasons to get it back to life

I still Have 6699 dbl , Been holding them since late 2014. Hoping some life might come back into this coin. wondering how many coins are out there after cryptsy stole most of them. Nice to see good movement in the blockchain again someone must be minning.

good question 

well i personally like this coin, a good honest fun coin older coin, so i'm trying to gauge if there's enough interest in the coin to seriously revive it.

if enough people are interested, i'd personally fund a bounty campaign. i certainly don't like doing half a job so i'd have to assess what needs to be done for a proper job and offer bounties accordingly.

could get interesting, pretty low coin supply so each coin could get to a decent price, also its still a easy miner, so good learner coin for people who've not experienced low difficulty enough to mine with normal gpus etc.

(on a personal note i'm currently moving house, so i'd not get it fully underway until a could devote more time to it, though thats few weeks type time frame not months or anything).

just hoping to find more interest.

Is there any plan to have some bounty campaign here?
I'll be waiting for more information provided in the first post.