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Topic: Pebblecoin (XPB) - FIRST DPOS CRYPTONOTE COIN LIVE - Qt Wallet GUI - v0.4.4.1 - page 29. (Read 56014 times)

member
Activity: 81
Merit: 1002
It was only the wind.
Getting "Transaction creation failed"...

Maybe you can split your transaction to 500 XPB each, I made a deal with another guy, it works.

Doing so now.
full member
Activity: 205
Merit: 100
selling 3k xpb make offer  Grin
sr. member
Activity: 1936
Merit: 290
You pretty much have to be a miner to interact with this coin right now, right?

Pretty much - but since it's a CPU coin, it's not like it's hard to be a miner.

Computer died beyond return.  I'm currently on a laptop from 2007.  Temporary problem but relevant for the question and time frame.

Thanks for the reply.  I might entertain some of the offers above.
sr. member
Activity: 1936
Merit: 290
You pretty much have to be a miner to interact with this coin right now, right?
member
Activity: 81
Merit: 1002
It was only the wind.
Getting "Transaction creation failed"...
legendary
Activity: 1050
Merit: 1000
what time update new minerd ? dev
sr. member
Activity: 251
Merit: 250
Selling 0.0 XPB for 0.1 BTC.  Grin Grin Grin
newbie
Activity: 9
Merit: 0
legendary
Activity: 1713
Merit: 1029
Read my edit to my post above - just because you're not good at making fast code does not make it de-optimized.

OK so it took a mere 30 min to (un-de)optimize, only because you are 1337.

Then it might take a day or a week for a lamer or team of lamers.

I still think the coins being dumped for sale seem too cheap to be fairly mined.

Since a fair launch and democratic mining were XPB's raisons d'être, I find the (albeit relative) ease of (un-de)optimization a matter for concern.

Why not use a testnet until optimizations and GPU ports are public to avoid FUD and hardforks?

Eh, I sold 4800 XPB for 0.144 BTC earlier, and they were mined using the stock miner on EC2, turned a small profit.

EC2 with 13GB RAM?  That seems expensive, but OK fair enough.  I guess difficulty is very low.   Tongue

What's the total emission, so we can put the sale quantities in perspective?

So far, there are about 885,000 coins on the network, I believe. At current prices, that puts the marketcap somewhere between $5000 and $7000, growing somewhere around 90 cents per minute, or $54/hour.

Also can sell another 4,400 to anyone interested for 0.11 BTC.
member
Activity: 81
Merit: 1002
It was only the wind.
Read my edit to my post above - just because you're not good at making fast code does not make it de-optimized.

OK so it took a mere 30 min to (un-de)optimize, only because you are 1337.

Then it might take a day or a week for a lamer or team of lamers.

I still think the coins being dumped for sale seem too cheap to be fairly mined.

Since a fair launch and democratic mining were XPB's raisons d'être, I find the (albeit relative) ease of (un-de)optimization a matter for concern.

Why not use a testnet until optimizations and GPU ports are public to avoid FUD and hardforks?

Simple. No one will release really good optimizations. They will wait. Sure, you'll catch the small shit like this, but you won't get really good work unless you pay for it.

This makes releasing a coin have a cost - the dev not only has to make the coin, but must invest real money into it; you won't see many doing this. If it did happen, I would be quite pleased - I could get paid, and help a coin that the dev has shown they are truly committed to.
hero member
Activity: 979
Merit: 510
Read my edit to my post above - just because you're not good at making fast code does not make it de-optimized.

OK so it took a mere 30 min to (un-de)optimize, only because you are 1337.

Then it might take a day or a week for a lamer or team of lamers.

I still think the coins being dumped for sale seem too cheap to be fairly mined.

Since a fair launch and democratic mining were XPB's raisons d'être, I find the (albeit relative) ease of (un-de)optimization a matter for concern.

Why not use a testnet until optimizations and GPU ports are public to avoid FUD and hardforks?

Simple. No one will release really good optimizations. They will wait. Sure, you'll catch the small shit like this, but you won't get really good work unless you pay for it.

This makes releasing a coin have a cost - the dev not only has to make the coin, but must invest real money into it; you won't see many doing this. If it did happen, I would be quite pleased - I could get paid, and help a coin that the dev has shown they are truly committed to.
I have around 2000 XPB to sell, spent around $20 to mine them.

Wolf0 when you partner with a coin dev, or become a coin dev, please let me know =)
Maybe a coin with Proof of Optimization.
It amazes me how PoW, works, and how optimizations from CPU, to GPU, FPGA, to ASIC and the miner software itself can transform. 
Or maybe a paid school teaching how to make better mining programs?
full member
Activity: 205
Merit: 100
member
Activity: 81
Merit: 1002
It was only the wind.
lol 23 days before wolf0 looked at this and made an optimized miner and decided to tell the dev so pebblecoindev can level the playing field by fixing the issue asap. this is not sounding like a story about unfair initial distribution. unfair would be if wolf0 mined this for 20+ days then told us about it.

The low prices being offered indicate those coins were not mined on expensive 13GB+ machines using the public software.

wolf0 isn't the only one who can un-deoptimize a purposely bloated/crippled algorithm.  We've seen this movie before, and sequels almost always suck.

or theres like 10 miners on the coin and low interest at this point and running a cpu costs pennies so its selling for cheap if at all.

Running a cpu may cost pennies but powerful 13GB+ systems could be mining many other coins, so there is an opportunity cost.

OTOH, if you have an unfair advantage from a private un-deoptimized miner (and credulous buyers standing by), it's pure profit.

Read my edit to my post above - just because you're not good at making fast code does not make it de-optimized.
sr. member
Activity: 252
Merit: 250
howmuch is 1 coin worth?
sr. member
Activity: 269
Merit: 250
Getting "Transaction creation failed"...

Maybe you can split your transaction to 500 XPB each, I made a deal with another guy, it works.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Read my edit to my post above - just because you're not good at making fast code does not make it de-optimized.

OK so it took a mere 30 min to (un-de)optimize, only because you are 1337.

Then it might take a day or a week for a lamer or team of lamers.

I still think the coins being dumped for sale seem too cheap to be fairly mined.

Since a fair launch and democratic mining were XPB's raisons d'être, I find the (albeit relative) ease of (un-de)optimization a matter for concern.

Why not use a testnet until optimizations and GPU ports are public to avoid FUD and hardforks?

Eh, I sold 4800 XPB for 0.144 BTC earlier, and they were mined using the stock miner on EC2, turned a small profit.

EC2 with 13GB RAM?  That seems expensive, but OK fair enough.  I guess difficulty is very low.   Tongue

What's the total emission, so we can put the sale quantities in perspective?
member
Activity: 81
Merit: 1002
It was only the wind.
lol 23 days before wolf0 looked at this and made an optimized miner and decided to tell the dev so pebblecoindev can level the playing field by fixing the issue asap. this is not sounding like a story about unfair initial distribution. unfair would be if wolf0 mined this for 20+ days then told us about it.

The low prices being offered indicate those coins were not mined on expensive 13GB+ machines using the public software.

wolf0 isn't the only one who can un-deoptimize a purposely bloated/crippled algorithm.  We've seen this movie before, and sequels almost always suck.

I told him about it almost immediately - to be fair, although it took me 30min to analyze, write, debug, and test the PoW exploit, it does seem as if the dev did try. He just didn't know enough about crypto or algorithms to design anything that would withstand real attention; for this reason I recommended he use an existing algorithm that he could tweak to his needs (yescrypt).

Maybe I make this shit look easy, but it's not. Just because I can massively speed something up does not mean it was "de-optimized." As a matter of fact, the only miner that I know was intentionally crippled was CryptoNight, the PoW for Bytecoin (BCN) and Monero (XMR).
sr. member
Activity: 269
Merit: 250
I want to buy some XPB, PM me with your ask if someone wants to sell.
legendary
Activity: 1713
Merit: 1029
Read my edit to my post above - just because you're not good at making fast code does not make it de-optimized.

OK so it took a mere 30 min to (un-de)optimize, only because you are 1337.

Then it might take a day or a week for a lamer or team of lamers.

I still think the coins being dumped for sale seem too cheap to be fairly mined.

Since a fair launch and democratic mining were XPB's raisons d'être, I find the (albeit relative) ease of (un-de)optimization a matter for concern.

Why not use a testnet until optimizations and GPU ports are public to avoid FUD and hardforks?

Eh, I sold 4800 XPB for 0.144 BTC earlier, and they were mined using the stock miner on EC2, turned a small profit.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Read my edit to my post above - just because you're not good at making fast code does not make it de-optimized.

OK so it took a mere 30 min to (un-de)optimize, only because you are 1337.

Then it might take a day or a week for a lamer or team of lamers.

I still think the coins being dumped for sale seem too cheap to be fairly mined.

Since a fair launch and democratic mining were XPB's raisons d'être, I find the (albeit relative) ease of (un-de)optimization a matter for concern.

Why not use a testnet until optimizations and GPU ports are public to avoid FUD and hardforks?
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