Topic: [LOGIC] Logicoin | Decentralized Anonymous Smart Contracts | Blockchain Tech - page 44. (Read 117199 times)

New P2Pool with workertracker, check it out!

http://q30.qhor.net:8652/

This is true and a relative inevitability, but it's a fine line. We're currently swinging back and forth around 1ghash (the network is actually the lowest I've seen since launch right now). Hash has gradually decreased since launch in proportion to profitability on Poloniex. There was a nice little pump there yesterday that brought us up to .00002999, still a garbage amount, but almost double where we are now. The lower the hash, the less lgc/btc value there needs to be to make it profitable.

If we want to stay off multipool radar, our holding hash - that is, those of us that are mining to hold through these high reward months, has got to stay far above pump & dump profitability. In other words, the best way to not get stabbed by a multipool is to generate interest from more long-haul miners. And the best way to do that I think is to encourage a dedicated community from the get go and develop some long term goals for this coin that we consistently work towards.

And I think the question that really needs answering is 'What are they going to be used for?'

So, with that in mind, how about we aim for something a little different, beyond the cut & paste 'merchant' 'auction site' 'vps' accepting coins thing. What if we built some simple games, or customized existing open source games, and tied the 'game currency' to logicoin, either directly or by exchange? Think from being able to buy boosts or extra lives with lgc in a puzzle game, items and improvements in an online rts game, all the way to 'extras' in an MMO (which, iirc, has been done, albeit rather poorly).

People spend big money on gaming. Even silly, simple games, as long as they're fun. It'd take some time to develop, but I think that's what we should be after - something that will take some time to develop.

We currently have 217 votes but more coming in everytime I look.

i couldn't find LGC on mintpal in the voting list, how many votes we have ATM?

Correct..Basically the Altcoin scene is in the middle of quite a few transitions and we want to leave our options open. It has always been our intention to update Logicoin throughout its lifecycle or face becoming stagnant.

So far we have internally considered:

1. Changing the rate that the reward halves after 6 months.
2. Going POS after 6 months which is probably going to be the most popular option but we want to see how the other POS coins do medium-long term.
3. Merged Mining which is probably by far the most difficult option but it also may end up being the most 'Logical' option

At any rate we will have quite a few months before a decision is to be made and it will not be done without gathering feedback from you guys.

In the meantime....Keep voting for us!
https://www.mintpal.com/voting
https://comkort.com/vote/#LGC

I left mining Scrypt long time ago and happy with X11 

sCrypt ASICs are already out there and plenty. (Gridseeds and othe < 10 MH machines)

They are collaborating with multipools who are paying the same few "developers"/"cloners" to come up with the new wave of PoS+PoW shit coins. This is why you will continue to see these for the short future. Too much $$s are invested in sCrypt so they are not going away anytime soon.

Aye Sir, thank you

it could also work as free advertisment for logicoin. People notice the logidevs helping other coins and then they come check us out. I'm really surprised the price of LGC has remained steady for so long and it gives me the impression that if this coin got more popular we could see a huge price rise. would be nice if we could hit a few more profit calculator sites and what not though.

Great Dev
No Premine
Awesome Launch
X11
Small amount of total coins

LGC really has alot going for it yet it seems that Premined and IPO coins grab up all the attention and hashpower. I think there's still alot of people a bit iffy about X11 though. Once ASIC's come out I can see alot of people switching over to X11 and LGC seems like one of the better X11 coins.

Awesome. What this means is that if you follow this guide you will be running your own p2p node that will be linked up with every other p2pool. Because you are linked up with the other p2pools you will find blocks when they do but you will have an extremely low ping to the server (which is essentially now your windows PC) and will have a much lower chance of submitting stale shares which in turn should mine you more LGC.

Thanks for this guide wirerogue, I will be working on a "guides" section most likely tonight, when I add this you will be given full credit.

I'd like to take this time to mention that our dev compiled the Windows wallet for Frycoin and has been asked to join the "Coin Revival Foundation". Some people may misconstrue this as a conflict of intrest but our main focus is and always will be Logicoin. We advocate open source technology and the type of community that it builds and as such are more than happy to offer what services we can to the community.

Regards,
Logicoin

ok... well this is what virustotal.com says about the xcoin-miner hosted on the official darkcoin website.

https://www.virustotal.com/en/url/4a5110a7a5cd2c0aeda0ca7622b96013b5ce47e2df937c92ba81488012b6b707/analysis/

The results posted were for the link and not the .zip and its contents. I never made it that far.

Miners are classed as viruses by av software:) Feel free to grab the zip anywhere else though, scan the zip, and look up the alerts that pop up about it before doing anything with it. Regular old minerd will throw the same alerts.

https://www.virustotal.com/en/file/479908fd1bf98442134d0e7930d5cba235502dae3e3af39e1d646aaa0aa8f8c4/analysis/

https://www.virustotal.com/en/file/c94c0e346d51a44f9cc49adf0307da207d5c6d38994b60079912b6f5ca05efdc/analysis/

https://www.virustotal.com/en/url/c8bf1ae9eb45125e6976a0285313572b53d572c2758a52f5ed93faf5b3be2362/analysis/1398310806/

I propose using the unicode character U+13DD for Logicoin value branding..


So for 100 Logicoin, it would be Ꮭ100.

HAHA Rules 6 and 8 were my favorite, and fuck me was i drunk last night i didnt remember posting any of that, /e Wonders to him self, have i really been drinking to the point that i dont remember every night or is tyler just taking control more and more?

Do what he ^ said.

Yes please do. I've been considering adding a guides section of sorts to the website and would love the add this when I get around too it.

Does this coin mining with the CPU ??

possible how to BAT file settings ? (minerd) ??

Rule number one. You don't talk about Logicoin.
Rule number two. You DO NOT TALK ABOUT LOGICOIN.
Rule number three. If you run out of Logicoin, you MUST mine, trade, or beg for more.
Rule number four. You can only mine one type of coin at a time.
Rule number five. Everybody mines Logicoin. Always.
Rule number six. Nobody dumps Logicoin.
Rule number seven. Mining will go on even if there are no Logicoins left.
Rule number eight. If this is your first time with Logicoin, you HAVE to buy 10k on Poloniex.

Rule number SHOULDN'T BE ON THE LIST: Do not reply to this post without first watching Fight Club. Again.