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Topic: delete - page 10. (Read 23955 times)

sr. member
Activity: 252
Merit: 251
October 11, 2011, 09:48:08 AM
Everyone can look at the blocks using the new code in SolidCoin v2.0. It features an internal blockexplorer (GUI version coming soon).

Run Solidcoin then type on cmdline "Solidcoin sc_getblockbynumber "

Eh presto, all the information. Surprised our little reverse engineerer, hacker, apple employee and google deindexer in BTXexpress didn't tell everyone about it? Now everyone can pretend they know what it means. Tongue And some more information.  :-

http://solidcointalk.org/topic/265-about-1-million-sc-mined-public-at-the-first-official-day/page__view__findpost__p__2644

There's only been about 220K coins generated since going live. To be honest I didn't expect us to reach 1200+ nodes within 18 hours of operation, seems SolidCoin is outpacing my own expectations. With hindsight I would have started the chain at a higher difficulty. I should have time tomorrow to upload the new algorithm to the website, so stay tuned to our forum or site if you're interested.

Believe what trolls/fearmongers say at your own risk I guess, they're only stopping you from trying the next biggest thing.

legendary
Activity: 1204
Merit: 1000
฿itcoin: Currency of Resistance!
October 11, 2011, 09:46:05 AM

You know something: Your snarky remarks would bear a lot more value if you didn't have the venus project on your sig...

Venus Project? Reeeally?!?!?! LOL

SURE! A Resource-Based Economy proposed by The Venus Project is far more efficient than "the economy" wich we have today... Don't you see it?!

Close to a RBE, even the Bitcoin is pure crap...

But close to a fiat currency (dollar, euro, etc), Bitcoins are AWESOME!

So, I see the Bitcoin as a transition to a RBE.

That's because I'm here today.
legendary
Activity: 1358
Merit: 1002
October 11, 2011, 09:24:22 AM

You know something: Your snarky remarks would bear a lot more value if you didn't have the venus project on your sig...

Venus Project? Reeeally?!?!?! LOL
legendary
Activity: 1694
Merit: 1002
October 11, 2011, 09:22:36 AM
Start trading SolidCoin 2

https://btc-e.com/sc_exchanger SC / BTC

https://btc-e.com/sc_usd_exchanger SC / USD
legendary
Activity: 1204
Merit: 1000
฿itcoin: Currency of Resistance!
legendary
Activity: 1694
Merit: 1002
October 11, 2011, 09:16:43 AM
legendary
Activity: 1358
Merit: 1002
October 11, 2011, 09:11:58 AM
If you made more in 6 hours on crappy hardware how many coins do you think someone w/ 400 EC2 instances made?

NONE!

Tits or GTFO.. err... i mean, pics or it didn't happen  Roll Eyes
newbie
Activity: 9
Merit: 0
October 11, 2011, 09:11:12 AM
Does your math account for the "compensation million" ?
The worst part is, this BTC forum is the first (and only) place where I've heard about premining in SC 2.0. AFAIK no visible communication has been made about this on the SC forums...... The only positive thing is that I mined in SC 2 in 6 hours on crappy hadware about half as much as I mined in SC 1 in 2 weeks on better hardware. Can't wait to try Litecoin...

How is that a positive?  It essentially means any wealth (store of value) holders of SC 1.0 had has been wiped out by rampant monetary expansion.  Their coins which took significant time and electrical energy are worth next to nothing.   Which in turn doesn't bode well for the value of the "easy" coins.  If you made more in 6 hours on crappy hardware how many coins do you think someone w/ 400 EC2 instances made?

Still haven't seen any proof that anyone mined this with 400 EC2 instances.  ~ 250k coins have been generated since launch. Looking at the number of coins I've mined with a couple of Phenom X6's, I seriously doubt any one person had that kind of hash power. I would have earned next to nothing if that were true.

The fact that SC2 has no upper limit on coin generation should concern SC1 owners more than a few hundred thousand coins mined.
sr. member
Activity: 392
Merit: 250
October 11, 2011, 09:11:00 AM
How is that a positive?  It essentially means any wealth (store of value) holders of SC 1.0 had has been wiped out by rampant monetary expansion.
I was being sarcastic. Wink That's why I added I was waiting for Litecoin.
sr. member
Activity: 313
Merit: 251
Third score
October 11, 2011, 09:10:18 AM
Something seems to be wrong. Due to the lack of a blockexplorer:

Coinotron shows the last ~300 blocks found within ~35 minutes which is almost one block every 7 seconds. Difficulty however remains the same. No retargeting? Wasn't it supposed to be every 240 blocks (which is actually 120 blocks because every other block is mined with diff. 1 by the supernode)?
donator
Activity: 1218
Merit: 1079
Gerald Davis
October 11, 2011, 09:01:53 AM
Does your math account for the "compensation million" ?
The worst part is, this BTC forum is the first (and only) place where I've heard about premining in SC 2.0. AFAIK no visible communication has been made about this on the SC forums...... The only positive thing is that I mined in SC 2 in 6 hours on crappy hadware about half as much as I mined in SC 1 in 2 weeks on better hardware. Can't wait to try Litecoin...

How is that a positive?  It essentially means any wealth (store of value) holders of SC 1.0 had has been wiped out by rampant monetary expansion.  Their coins which took significant time and electrical energy are worth next to nothing.   Which in turn doesn't bode well for the value of the "easy" coins.  If you made more in 6 hours on crappy hardware how many coins do you think someone w/ 400 EC2 instances made?
sr. member
Activity: 392
Merit: 250
October 11, 2011, 08:58:51 AM
Does your math account for the "compensation million" ?
The worst part is, this BTC forum is the first (and only) place where I've heard about premining in SC 2.0. AFAIK no visible communication has been made about this on the SC forums...... The only positive thing is that I mined in SC 2 in 6 hours on crappy hadware about half as much as I mined in SC 1 in 2 weeks on better hardware. Can't wait to try Litecoin...
hero member
Activity: 686
Merit: 564
October 11, 2011, 08:52:05 AM
Does your math account for the "compensation million" ?
Nope, because I'm still not clear on what exactly CoinHunter has done with premining; it only counts the number of coins that were mined normally on 1.0 and 2.0 combined.
member
Activity: 112
Merit: 11
Hillariously voracious
October 11, 2011, 08:48:30 AM
Does your math account for the "compensation million" ?
hero member
Activity: 686
Merit: 564
October 11, 2011, 08:41:23 AM
Woke up to a working network with stales out at coinotron heading toward disappearance and the blocks per second rate falling as expected.  Very nice.

How's the "attacking" going?
Hard to tell; as far as I know there's no block explorer for Solidcoin 2.0 yet and RealSolid hasn't released the information needed to write one, so it's quite tricky to see what's going on. Probably the only person that knows is BitcoinEXpress and I don't think we're going to be hearing from him any time soon. It does look like we're going to see a really substantial increase in the total number of solidcoins in existence during the first 24-48 hours of 2.0 though; if my maths is right then a third of all SolidCoin 2.0 coins existing right now were mined on 2.0 since it was opened and it's only going to get worse.
donator
Activity: 1218
Merit: 1079
Gerald Davis
October 11, 2011, 07:39:03 AM
Woke up to a working network with stales out at coinotron heading toward disappearance and the blocks per second rate falling as expected.  Very nice.

How's the "attacking" going?

"Falling as expected"?  Over a blocks every 3 second after 12,000+ blocks?  On pace to dump 1 million coins on the market within 24 hours of genesis block?

Yup exactly as expected.
full member
Activity: 154
Merit: 100
October 11, 2011, 07:38:02 AM
Woke up to a working network with stales out at coinotron heading toward disappearance and the blocks per second rate falling as expected.  Very nice.

How's the "attacking" going?

Depends on how long it takes for the chain to hit target.  With 5s blocks still, not looking so well.
legendary
Activity: 3108
Merit: 1359
October 11, 2011, 07:37:34 AM
TrollCoin 2.0  Grin
hero member
Activity: 686
Merit: 564
October 11, 2011, 07:22:50 AM
You must be using a definition of fork that I'm familiar with. BCX claimed to be mining a fork and followed with "Some of you are on my fork I suspect.". The only way they could be on that fork and not the main chain is if there was a break in the network somewhere. Peers share their blocks so the fork will become the main chain if it has a greater sum of work. For BCX to have a fork with a greater sum of work than the main chain he'd have to someone stop that from being distributed to the other peers. In which case the "Some of you are on my fork" can't be true.
You forgot that SolidCoin 2.0 is meant to have some kind of 51% attack protection, which by its nature means that under some circumstances the client has to reject a chain with a greater sum of work in favour of a chain with a lesser sum ofr work. Depending on how exactly CoinHunter implemented it, it'd be trivial for someone with a decent amount of hashing power to persistently fork the network in a way that would never get healed automatically. Unfortunately he's refused to say publicly how it works and the source isn't available.

Maged: I have a feeling that BitcoinEXpress wasn't kidding. I've no idea if he was bluffing about the namecoin attack because it was quite thoroughly forestalled (I submitted a patch with a really paranoid set of block lockins designed to stop any attack I'd heard of or could think of, including the obvious-but-impractical checkpoint bypass), but this isn't looking good.

Edit: I should really set up a couple of isolated VMs and test this, but effort...
member
Activity: 112
Merit: 11
Hillariously voracious
October 11, 2011, 07:18:27 AM
three second blocks here, reporting.
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