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Topic: [NSFW] Official Sexcoin Thread - New MANDATORY upgrade: KGW Timewarp attack FIX - page 142. (Read 307652 times)

full member
Activity: 168
Merit: 100
Normally I'm not a fan of altcoins but I can definitely see a utility in this.
I'm a big fan of phonesex where the confirmation time of bitcoin just doesn't work.

How I see this working out, customer buys sexcoins with bitcoins (or whatever) and then when horny uses the sexcoins for things like phonesex, camgirls, clips4sale, etc.

With a 60 second confirmation time, even phonesex could work instantly because you can cut the customer off quickly if it becomes evident it is a double-spend attempt.

I'm going to take a look at building the code tomorrow and see if I can create an RPM spec file that work with Fedora. Unless someone else is already doing that.
legendary
Activity: 1876
Merit: 1000
But if miners are willing to beta test one, I'd have a crack at it ... Host the site on it.. Food for thought...

if u wanted to have a play setting one up, I'd help test it from my end.
legendary
Activity: 1876
Merit: 1000
The pool at http://66.172.10.55:19337 is up and running, though because the pool is running the old client, the network hashrate isn't being reported properly I have about 1 M/h mining..

The pool looked dead, but the graphs show a jump in hashrate at about the same time the clients were released. It might be that nobody was mining on the pool, or it could be that the pool was having problems and just came back online ....

I've been mining it constantly for ages, with regular payouts (except when big miners joined in), last 2 days no blocks found, which at the current dif isn't realistic. I went off it when was pm'd its not working properly, when the client was released I jumped back on.
sr. member
Activity: 412
Merit: 250
Bitcoin is the Future of currency
Thanks everybody for the time that you invest in this coin
sr. member
Activity: 462
Merit: 251

Great job getting this up and running again, thanks guys for all the hard work Smiley



Pretty sure the mining pools are broke  Sad

You know I haven't set up a P2P mining pool, But I don't think it would be that hard. I can't host where I am at because I rely on VSAT which means a lousy connection, theres over a second on the bounce to sydney off the satelite, but the infrastucture I need is within striking distance.

I don't like the idea of having to travel so far to sort out problems, but then I might be able to sort them out with remote access. We are no stranger to natural disasters, the reason the pool not might be up is because the server is being used as a floatation device by a desperate pig, halfway to the coast in a torrent of water, and at those times you really don't need the stress of complaints....

But if miners are willing to beta test one, I'd have a crack at it ... Host the site on it.. Food for thought...
sr. member
Activity: 462
Merit: 251
The pool at http://66.172.10.55:19337 is up and running, though because the pool is running the old client, the network hashrate isn't being reported properly I have about 1 M/h mining..

The pool looked dead, but the graphs show a jump in hashrate at about the same time the clients were released. It might be that nobody was mining on the pool, or it could be that the pool was having problems and just came back online ....
sr. member
Activity: 462
Merit: 251
Pretty sure though the mining pools are broke  Sad

The big problem I have had, is I don't have access to a linux server. The software for your normal pools won't run on windows. You can imagine how much not having code that compiled under linux easily stunted pool growth. Lavajumper has mentioned "his pool software" in a conversation so I'll check with him. His and Max's focus has been on fixing the syncing with a hardfork.

The good news is that maybe we will see more pools, now that they can be set up easily 
legendary
Activity: 1876
Merit: 1000

Great job getting this up and running again, thanks guys for all the hard work Smiley



Pretty sure the mining pools are broke  Sad
sr. member
Activity: 462
Merit: 251
Community: Development Team

Coders:

Lavajumper : Client, Faucet, Pool, Block Explorer :Leader Core Development team
Nomaxpi : Client,
RPG                : Client
Wedge:        P2pool, android App.
Koguma :      Mac Clients.
Loucy   :      Fedora RPM's
Joe Winker:   Fedora RPM's
Dewdeded : Linux script

Merchandising:

Fendlestick : Webmaster, Merchant. :Core Development Team
Cryptoslut  : Public Relations.
Xsexcoinx   : Public Relations.
Monpaycom : SXC to USD development
Seniels : Financial instruments.

Mining

Portice      : Mining support

Other

LittleDigger : Catherding and associated snake charming : Core Development Team
Zackclark70    : Community Webmaster & Administrator
 
full member
Activity: 161
Merit: 102


Official Sexcoin Thread





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Specs:

BlockTime:60sec
Confirmations:6
Difficulty:Retargets Every Block (Kimoto Gravity Well )
Coins:250,000,000
Reward:100 Coins
Superblocks:500 or 5000 Coins
Port:9560



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Disclaimer

In order to use Sexcoin, you need to be the age of
majority in your local jurisdiction.
This topic may contain discussion of, or links to,
sexually explicit material.
If you haven't reach the age of majority yet, please leave !
http://en.wikipedia.org/wiki/Age_of_majority




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Sexcoin: Not your usual Cryptocurrency

SXC is one of the few currencies to rate a mention by the Washington Post, CNN Money and International Business Times. Max Keiser host of the financial program "The Keiser Report" stated "Sexcoin is the first industry specific crypto that has billion dollar blockbuster encrypted all over it." Sexcoin is gaining attention outside of the cryptocommunity because it offers something most alternatives to Bitcoin don't … A solid business model.

The cryptocurrency market is saturated with hundreds of Bitcoin alternatives. While this provides a testing ground for innovative features, many rely on rarity or popularity for value. Every one of them competes with Bitcoin, although it's code can be updated to include most features if an alternative begins to seriously threaten it's market. Relatively few of them are accepted by real world businesses, and those that do are plagued by the same problems that challenge adoption of Bitcoin itself. Lacking the popularity, development and infrastructure of Bitcoin they are unlikely to out compete it.

When you consider a real world good, such as a pizza, it requires a time sensitive delivery. At the point of delivery traditional payment methods such as cash, EFTPOS or credit card are not only well established and more convenient to the consumer, but preferable to the merchant as the volatility of cryptocurrency can lead to significant losses and pose significant risk. While speculators can wait for the value of a currency to recover, businesses need to replace stock, or consumables and materials as well as cover their operating costs immediately. For these reasons cryptocurrency provides no advantage, is high risk and is unlikely to be adopted as more than a gimmick.

Statistics show that the Adult entertainment Industry has an annual global turnover of 96 billion dollars, with 28,258 internet users viewing adult material every second which are essentially digital goods. These goods are generally worth little per item, which makes industry the eminently suitable for adoption of the microtransactional business model. Due to fees charged on each transaction with traditional payment systems the industry has struggled to adopt a microtransactional business model, which has been so successful in other online entertainment industries such as gaming and music and in some cases credited with reviving them. The microtransactional business model is also more attractive to the consumer as they are no longer fettered by time constraints imposed by the subscription business model, and can pay for only the content they want, when they want.

The microtransactional business model can be adopted in addition to the existing subscription model. As such it presents to the provider a low risk way of accepting additional payments, and increasing their customer base. It has the potential to allow customers to purchase material from promotional pages affiliated to the site, increasing points of sale.

In the case of Sexcoin gaining wide spread adoption for digital goods in the adult industry, not only is there reduced risk of accepting payment despite market volatility because the goods are virtual, but the industry has struggled with traditional payment methods. The use of credit cards has left the industry open to "friendly fraud" whereby customers charge back payments and "unfriendly fraud" whereby stolen credit card details are used as payment to check their validity. With banks charging fees to the content provider when this occurs, the Adult Industry is essentially high risk and has had difficulty with banks refusing to help them in their commerce. Providers of adult material have unsuccessfully searched for alternative payment systems.

The industry has in some cases adopted Bitcoin as a payment option because it eliminates this problem entirely, however while SXC has not been crafted as a global currency for all transactions and cannot compete with Bitcoin in this purpose, It has been designed and branded specifically for this niche, and out performs and can out compete Bitcoin within it. SXC is not designed for speculation as a digital commodity and does not depend on rarity for value. It is designed for commerce with enough coins being generated to make it more affordable per unit and more easily obtained by the consumer. SXC is ten times faster to confirm than Bitcoin, but the block time is slow enough to ensure the data from commerce is propagated throughout the network. It does not use experimental algorithms which may lead to instability, but relies upon proven ASIC resistant scrypt.


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Exchange List: http://www.sexcoinforum.org/index.php?topic=479.0

List of Commercial Sites: http://www.sexcoinforum.org/index.php?topic=481.0

List of Mining Pools: http://www.sexcoinforum.org/index.php?topic=449.0
 
Online Wallets: https://sxcwallet.com/
Block Explorer: http://sxcexplorer.com/
Faucet: http://www.thebitcoinmaster.com/sexcoin/index.php
Profitability Calculator http://www.outhashed.com/
Web Proxy http://stealthx.me/
Sexcoin Bootstrap http://datajumper.com/
Merchant Tools: https://coinpayments.net/  Payment Processing

Social Media
Official Sexcoin Website: http://sex-coin.info
Official Sexcoin Forum: http://www.sexcoinforum.org
Facebook : https://www.facebook.com/pages/Sexcoin/334179413387490
Sexcoin Twitter Account: @SexcoinTeam https://twitter.com/SexcoinTeam
Sexcoin NSFW Twitter Account: @Sexcoin_NSFW https://twitter.com/Sexcoin_NSFW
Reddit http://www.reddit.com/r/girlsgonesexcoin/ 18+! NSFW
Performers Forum: http://www.sxcladies.com/


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MANDATORY IMPORTANT UPGRADE:
KGW Timewarp attack FIX:

The new client is version 0.6.4.6. Please back up your wallet before installing the new client.

This version is compatible with previous versions. No other changes need to be made

Find the latest version for your OS under the software tab at : http://sex-coin.info/ or http://www.sexcoinforum.org
    
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Solo Mining Config:
sexcoin.conf
rpcuser=username
rpcpassword=password
rpcport=9561
daemon=1
server=1
maxconnections=6
gen=0
testnet=0
listen=0

addnode=46.39.246.24:9560
addnode=68.52.140.186:9560
addnode=84.253.217.35:9560
addnode=67.191.160.195:9560
addnode=223.27.19.38:9560
addnode=74.122.234.52
addnode=23.94.28.23:9560
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