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Topic: [DeM] Deutsche eMark - DEM - cryptocoin SHA256 POS/POW - page 95. (Read 237470 times)

legendary
Activity: 2632
Merit: 1040
Could you please tell Bzzzum to update DEM first reply?
legendary
Activity: 2688
Merit: 1240
Just wanted to let you guys know that Suprnova Pool has been updated to the latest wallet
full member
Activity: 174
Merit: 100
Deutsche eMark
it says "not staking because you have no mature coins" but the oldest coins in my wallet are 7 months old. What's wrong with that?

Nothing is wrong Wink Old stake setting was 365 days - with the new wallet (fork) it will be set to 30 days. Beginning on 12th Nov. onwards.
hero member
Activity: 742
Merit: 500
it says "not staking because you have no mature coins" but the oldest coins in my wallet are 7 months old. What's wrong with that?
full member
Activity: 486
Merit: 104
How  are staked coins going to be rewarded ?   
Will it be 3.8% APR / 12 months = 0.316666 % per month ? 
Also, is this deterministic ? In other words, if coins are staked (and not available for spending) WILL they earn interest or is it only a possibility that staked coins will earn this interest ?
hero member
Activity: 742
Merit: 500
no reduction in reward?

13.1 million each year mined will be no fun to hold longterm - at least not soon.

Happy to see DEM coming back. I never lost the faith. Not a murican coin after all Wink

Get that inflation down more later! It's the right direction to walk. Inflation as low as possible will make people hoard it.
legendary
Activity: 2632
Merit: 1040
Did you tell Cryptsy to update the wallet?

https://www.cryptsy.com/markets/view/DEM_BTC
full member
Activity: 486
Merit: 104
5 days before the fork, a very informal survey of peers (as connected to my eMarkd daemon) shows only 2/8 = 25% have upgraded to version 1.1

Note: this system has soft-linked demd to eMarkd with ln -s /usr/local/bin/eMarkd /usr/local/bin/demd

dbkeys@emnode ~ $ date; demd getpeerinfo | grep "addr\|subver"
Sat Nov  8 00:54:05 GMT 2014
        "addr" : "192.95.30.227:5556",
        "subver" : "/eMark:1.0.0/",
        "addr" : "178.62.239.174:5556",
        "subver" : "/eMark:1.0.0/",
        "addr" : "212.48.84.193:5556",
        "subver" : "/eMark:1.1.0/",
        "addr" : "192.99.167.159:5556",
        "subver" : "/eMark:1.0.0/",
        "addr" : "85.67.12.156:5556",
        "subver" : "/eMark:1.0.0/",
        "addr" : "24.203.102.110:5556",
        "subver" : "/eMark:1.0.0/",
        "addr" : "90.157.157.169:5556",
        "subver" : "/eMark:1.0.0/",
        "addr" : "108.61.10.90:5556",
        "subver" : "/eMark:1.1.0/",


Only two peers are running subversion eMark:1.1.0, the other six are running eMark:1.0.0;  What will happen on the changeover (Nov 12 at 12:00:00 GMT) if a majority of the peers/nodes have not updated ?
full member
Activity: 174
Merit: 100
Deutsche eMark
can you also say how long it would take now to mine all eMarks?

...of course you keep your coins.
..the old chain stays, we just fork at the 12th at  00:00:00 gmt exactly.

I thought I am kinda well prepared but - your questions make me unsure-  you are welcome Grin

DEM- deutsche elektronische Mark-

SHA 256 Algo
2 minute block target
50 coins each block
monthly stake 0.316% (0.3157%) -soon
210 million total / ~13,860,832 DEM -soon



market cap: $ 74,447
1 DEM= $ 0.005371 /  0.00423 €
http://www.coinwarz.com/cryptocurrency/coins/emark
https://www.cryptsy.com/markets/view/DEM_BTC
https://github.com/emarkproject/DEM
https://www.facebook.com/deutscheemark
   
full member
Activity: 486
Merit: 104
Other questions ... will pre-compiled binaries for Linux be posted ? (I only saw a Windows and Mac wallet, and the Mac wallet link was a dead end. Wallet Link)  
And can I start running the new wallet / protocol immediately, or until 12:00:00 GMT on Nov 12th ?

Thanks !

I'm not sure if they'll be posting Linux binaries or not (not much point, unlike Windows compiling on Linux is a very simple task.) You can use the new wallet now, yes.

Thanks for your answer, let's get set-up, only a week before the change.

Regarding Linux binaries: well, the point is to avoid compiling. It's not so simple when you have to set up from scratch, so  the Devs (for whom it is simple)  would be nice to post Linux binaries too, IMO.

Some people use Linux like any other desktop OS, not specifically for development ....
sr. member
Activity: 290
Merit: 250
CoinPayments
Other questions ... will pre-compiled binaries for Linux be posted ? (I only saw a Windows and Mac wallet, and the Mac wallet link was a dead end. Wallet Link)  
And can I start running the new wallet / protocol immediately, or until 12:00:00 GMT on Nov 12th ?

Thanks !

I'm not sure if they'll be posting Linux binaries or not (not much point, unlike Windows compiling on Linux is a very simple task.) You can use the new wallet now, yes.
full member
Activity: 486
Merit: 104
Other questions ... will pre-compiled binaries for Linux be posted ? (I only saw a Windows and Mac wallet, and the Mac wallet link was a dead end. Wallet Link)  
And can I start running the new wallet / protocol immediately, or until 12:00:00 GMT on Nov 12th ?

Thanks !
sr. member
Activity: 290
Merit: 250
CoinPayments
Ok, so just to clarify:

It will still be a SHA256 coin, with 2 minute block target, and 50 coin per block reward.

I understand that the emission will be reduced from 20,000,000,000 (20 GigaCoins) to 210,000,000 (210 MegaCoins) ... ¡ I like that !
and staked coins will produce interest every month, not once a year ... ¡ I like that !


Question, just to be clear: ¿ Will all existing coins be honored in the new fork ?  ie, ¿ Will the new fork  keep the existing blockchain ?  and  more questions:
¿ When exactly will the change happen ?  ¿Will it be at exactly 12:00:00 GMT on November 12, 2014, or is it after a certain block number ?


New wallet source: https://github.com/emarkproject/DEM
If you need to get a hold of Berkeley DB 4.8.30.NC (from the Oracle, Inc. web site)

Yes, the coin's PoW algorithm, block times, and reward remain the same. When it forks all existing coins will be included and the blockchain will stay the same (no coin swaps or anything.) The hardfork will be at 12 Nov 2014 00:00:00 GMT by time, not by block number.
full member
Activity: 486
Merit: 104
Quick calculation shows that since 13.8 million coins (to be exact:  13847397.01148000)  have been emitted, under the new hard fork, that is 6.57% of the total emission, while, under the previous scheme, those 13.8 million coins represented only 0.07% of the future total emission.

date; demd getinfo
Tue Nov  4 23:26:49 GMT 2014
{
    "version" : "v1.0.0.0-oro",
    "protocolversion" : 60006,
    "walletversion" : 60000,
    "balance" : 536.10800000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 275885,
    "moneysupply" : 13847397.01148000,
    "connections" : 8,
    "proxy" : "",
    "ip" : 180.60.153.148",
    "difficulty" : 1089565.63889277,
    "testnet" : false,
    "keypoololdest" : 1387503708,
    "keypoolsize" : 102,
    "paytxfee" : 0.00100000,
    "errors" : ""
}
full member
Activity: 486
Merit: 104
Ok, so just to clarify:

It will still be a SHA256 coin, with 2 minute block target, and 50 coin per block reward.

I understand that the emission will be reduced from 20,000,000,000 (20 GigaCoins) to 210,000,000 (210 MegaCoins) ... ¡ I like that !
and staked coins will produce interest every month, not once a year ... ¡ I like that !


Question, just to be clear: ¿ Will all existing coins be honored in the new fork ?  ie, ¿ Will the new fork  keep the existing blockchain ?  and  more questions:
¿ When exactly will the change happen ?  ¿Will it be at exactly 12:00:00 GMT on November 12, 2014, or is it after a certain block number ?


New wallet source: https://github.com/emarkproject/DEM
If you need to get a hold of Berkeley DB 4.8.30.NC (from the Oracle, Inc. web site)
legendary
Activity: 2632
Merit: 1040
So there's a new Dev team?
legendary
Activity: 2632
Merit: 1040
Very Strange.....but this seems an official topic

http://forum.deutsche-emark.org/index.php?topic=785.0


full member
Activity: 486
Merit: 104
WTF Indeed. With no discussion of what is going on, who is behind this announcement, and no proper information in supposed links given, this does not inspire confidence. Care to elaborate why you think a hard fork is needed bitkornmeister ?  
hero member
Activity: 806
Merit: 507
Trusted Campaign manager
right now more and more people come together and share ideas/set up pools n stuff.
You are welcome to join the forums, bookmark this, thumb it up please and rate my smiling eagle !

https://www.facebook.com/deutscheemark
http://forum.deutsche-emark.org/

http://coinz.at/DEM/
http://coin-base.info/dem/

theres gonna be some fresh posts and the ANN-Update of this thread these days so stay tuned as we...go gravedigging even deeper  Shocked


HardFork Huh WTF ?
sr. member
Activity: 371
Merit: 250
Thanks for reply , could you provide me a cpu coin to mine ?

Thx in advance !



Magi XMG is a great coin for CPU at the moment and gives around 5 percent PoS.  If you sign up for the PoM campaign you can earn extra coins even with a low hash rate.  Also U1 or U2 Antminers do work better for DEM and you can set things up to go after both coins on the same machine if you like.  Good luck!
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