Topic: MemoryCoin - How To Game The Voting To Get Free Coins - page 2. (Read 2150 times)

OK. thanks

Whichever you sent the least amount to - that will be your top preference.
Whichever you send the largest amount to - that will be your bottom preference.

All future rounds.

You can change preferences by sending additional coins to address to reduce its preference.

Or to reset all your voting preferences, you can send all your coins to a new address.

I have set the MVTE address, sent some satoshi.
I have sent some satoshi to the memoryCoin foundation as well.

How do I set preferences though? where do i set them?

If someone sends some coins to a grant address, will his vote only be for that voting round or will it also count for all future voting rounds ?

Transferable voting is a surprisingly complex topic

The voting is modeled on the Gregory Method, More info here.
https://en.wikipedia.org/wiki/Gregory_method#Gregory

Thanks.
And I didn't know that 'too many votes' would also spill over to the second preference so that's helpful to learn as well.

No . . . . but you're participating in the voting, and that's helpful, you have my current second preference. If my first preference gets too many votes (or doesn't get enough), the rest will spill over to you.

I'm mining the coin, does that count?
Grant address: MVTEoEoHX4XhRkJnkGVLKDYhHG4MbJDVCT

Thank you, such way of reporting problems is very honest.
The idea of community awarded grants is brilliant, but without UI support in wallet an average user will never use it. May be add a page that lists grant addresses which were active recently and add an option to context menu to quickly google it? At least people will be aware about those grant games.

i don't think they care about the voting system. this isn't congress. your coin would be cooler without it. i like Memorycoin other than the voting feature.

Latest stats for grants in block 540

Total coin issued: 1514400013680
Total of Voters' Balances: 249399218145
Percentage of total issued coin voting: 16%
Droop Quota: 415.66536358

Add grant award MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN 2400000000
Add grant award MVTEoEoHoCw1UFpcXTtQZ5inZLuJjuUVcP 2400000000
Add grant award to cumulation MVTE4E154WjgFp7drAbwW8SLszH56r6Zbr 2400000000
Add some Satoshi as indicator of grant vote win MVTE4E154WjgFp7drAbwW8SLszH56r6Zbr
Add grant award MVTEoEorXEH1afrsfQS3LTytM7WfzRdJAn 2400000000
Add grant award MVTEoEo9AA4w2z77pr3SqqKkbFRs5kJFm6 2400000000

If you're helping the coin in some way, let me know your grant award address and I'll add some voting preferences for you.

>How do I create my own "MVTE" address?? I have tried the command line you gave at the first page. It would not work.

Make sure to change directory into the vanitygen directory before running the command.

Some people have worked this out already, so to level the playing field, I'm writing an easy guide on how to do this.

Let's have a look at the current voting stats - there are two important figures.

Percentage of total issued coin voting: 11%
Droop Quota: 271.66509708

Only 11% of coins are voting - and you only need 20% of the voting coins to guarantee a grant win . . so if you have a little over 2% of the coins currently issued, you can vote for yourself to receive more coins. How many coins do you need - that's the Droop Quota - only 272 coins will guarantee a win. You only need to vote once and you'll get 24 coins every two hours.

So what steps do you take?

Step 1 - Get a Grant Address
----------------------------
Create an address eligible to receive grants - use VanityGen to do this - here's the windows binaries.
https://github.com/downloads/samr7/vanitygen/vanitygen-0.22-win.zip

You want an address that starts MVTEoEo - this is the best type because the grant win will be issued as soon as you win it, and it never expires, so you'll continue accumulating grants
Use the command

oclvanitygen -X 50 MVTEoEo
It'll take a few hours - keep the private key, you'll use that later to claim the coins.

If oclvanitygen doesn't work for you, you can try these commands instead - use whichever seems to give better times
vanitygen64 -X 50 MVTEoEo
vanitygen -X 50 MVTEoEo

Step 2 - Vote to receive Grants
------------------------------
Vote to receive an award by sending a small amount of satoshi to your new grant award address.
About 5 satoshi is a good amount.

The larger the number of coins at the sending address, the larger your vote. So it's best to either vote from all your wallets, or keep all of your coins in one address.

Wasted Votes
-------------
If you don't make the droop quota, your vote will be wasted. You can avoid this by setting a second preference, you do this by sending a larger amount of Satoshi to another address. I recommend you set your second preference to the MemoryCoin Foundation, which works to further the interests of MemoryCoin. Do that by sending 10 satoshi to MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN

Also to avoid wasted votes, it's good to have a lot of preferences. Please add these to your preferences so that your vote doesn't go to waste if your top preferences don't make it, or get too many votes.

EFF (I'll hold these in trust for EFF until such a time as it might be worthwhile for EFF to claim them)
MVTEoEoJ1vP6NHHcCTTBPy4bXfejbAqV5N

Amnesty International (I'll hold these in trust for AI until such a time as it might be worthwhile for AI to claim them)
MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh

You can set as many preferences as you want, but remember, the smaller the number of coins you send, the higher the preference.