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Topic: The Official PandaCoin thread! [PND][Scrypt][KGW][0% PREMINE] - page 6. (Read 189944 times)

member
Activity: 462
Merit: 10
what about to watch real pandas in Chinese zoos by paying PNDs?
member
Activity: 66
Merit: 10
So, how soon until the market feels this?
sr. member
Activity: 560
Merit: 250
Windows installer is now available at http[Suspicious link removed].
is new wallet???

Yes.
I am from China, PND unit fans

About the new purse to download, I'm a little don't quite understand


This is just the installer that will write the files necessary to use it under windows. You can find the usual zip files in the first post if you prefer the portable version.

BitCoinMiner.BJ(BlowJob) ...I wonder how that would feel lol

Is there anything different in this release since the current client i'm using is already v1.5.4.0...

Just https://bitcointalksearch.org/topic/m.5942250, our first DNS seed and a few fixes for the OSX builds but I suppose that won't affect win32.
full member
Activity: 192
Merit: 100
Just an average guy with an average job!
BitCoinMiner.BJ(BlowJob) ...I wonder how that would feel lol

Is there anything different in this release since the current client i'm using is already v1.5.4.0...
newbie
Activity: 8
Merit: 0
Windows installer is now available at http[Suspicious link removed].
is new wallet???

Yes.
I am from China, PND unit fans

About the new purse to download, I'm a little don't quite understand
sr. member
Activity: 560
Merit: 250
Odd... I downloaded the new wallet and this time my anti-virus claimed it was bad. All previous versions were OK and passed through it no troubles Shocked

If you want to build it yourself, the source is available at https://github.com/pandacoin-official/pandacoin/commits/release.

Are you using norton?

Nah using ESET NOD32 Antivirus 5...

It's a different error tho, it's just claiming it was a Blocked Object.. normally it would show the trojan it thinks it has although, in all the clients i've downloaded from various coins (despite people claiming of a false positive bitcoin trojan) i've not had my antivirus complain once. Except for today - probably because previous versions were zipped and perhaps chrome is complaining therefore triggering the antivirus to fire up. It's ok i'll just remove it from quarantine and run it, i don't have a copy of visual studio handy to compile it Cheesy



Looks like it's indeed the installer causing problems. You should also check virustotal where eset claims it's a variant of Win32/BitCoinMiner.BJ , so I guess they aren't too far off.

member
Activity: 96
Merit: 10
i love this coin,it's so cute .but why after the  Multipoo opening,the coin is clam..the panda is clam...the price is  clam...
full member
Activity: 192
Merit: 100
Just an average guy with an average job!
Odd... I downloaded the new wallet and this time my anti-virus claimed it was bad. All previous versions were OK and passed through it no troubles Shocked

If you want to build it yourself, the source is available at https://github.com/pandacoin-official/pandacoin/commits/release.

Are you using norton?

Nah using ESET NOD32 Antivirus 5...

It's a different error tho, it's just claiming it was a Blocked Object.. normally it would show the trojan it thinks it has although, in all the clients i've downloaded from various coins (despite people claiming of a false positive bitcoin trojan) i've not had my antivirus complain once. Except for today - probably because previous versions were zipped and perhaps chrome is complaining therefore triggering the antivirus to fire up. It's ok i'll just remove it from quarantine and run it, i don't have a copy of visual studio handy to compile it Cheesy

*Edit*

Also i noticed the wallet i'm using currently is already v1.5.4.0 Shocked

sr. member
Activity: 560
Merit: 250
Odd... I downloaded the new wallet and this time my anti-virus claimed it was bad. All previous versions were OK and passed through it no troubles Shocked

If you want to build it yourself, the source is available at https://github.com/pandacoin-official/pandacoin/commits/release.

Are you using norton?
full member
Activity: 192
Merit: 100
Just an average guy with an average job!
Odd... I downloaded the new wallet and this time my anti-virus claimed it was bad. All previous versions were OK and passed through it no troubles Shocked
sr. member
Activity: 560
Merit: 250
Windows installer is now available at http[Suspicious link removed].
is new wallet???

Yes.
newbie
Activity: 27
Merit: 0
Good to see new miners there. I see new impovements on multipool like doge support, profit calculation. But most important thing for me is hash growing.
newbie
Activity: 8
Merit: 0
Windows installer is now available at http[Suspicious link removed].
is new wallet???
sr. member
Activity: 560
Merit: 250
sr. member
Activity: 560
Merit: 250
For OSX users - I've started doing testbuilds for qt5.

You can grab it from: http://bamboohouse.info/bin/pandacoin-qt5-osx_1.5.4.dmg

sr. member
Activity: 576
Merit: 250
PND DevTeam
Updated my wallet!  
Hey I have been using this for Dogecoin paper wallets and bulk wallets site and love it..  Looks like it wouldn't be to tough to update it for Pandacoin anyone good at this sort of dev effort?
https://github.com/pointbiz/bitaddress.org  is the repository  http://dogeaddress.com/  dogecoin implementation   any tools options websites added to Pandacoin add visibility as well as usefulness and therfore market demand.  Well actually we would probably use this like Dogecoin did   https://github.com/litecoin-project/liteaddress.org



 
sr. member
Activity: 476
Merit: 250
Most people here are pnd bagholders, no wonder everyone wants pos, and that's totally fine if the current pnd community is sufficient to sustain the market. But it's not, we need new adopters, and most importantly, we need merchants to give pnd real value.

I agree a lowered block reward and slower block would help cut the dumpers and maybe stabilize the market. That's a good thing. Less dumpers + constant buy pressure from the multipool is gonna be amazing.

Then we need a rebrand to move past the whole wolong thing and figure out what can set us apart, I mean, if I already use doge, what does pnd offer that doge doesn't?? We need to be able to offer something unique.  Getting on moolah would be important too.

We can do this guys!

New adopters get their opportunity to join via multipool. Other PoS coins like mint don't give that opportunity, you have to buy but no one wants that and so no one will do it and so the price tanks. Multipool creates buy interest by the people already in that want to spend mining time to increase the coin value and new adopters to join in while the train is moving. It's a benefit for all.
sr. member
Activity: 476
Merit: 250
As a temporary solution to fight the continuous dumpfests currently choking the market I'll reduce block reward to 50k coins per block (static) effective after block 63500 has been reached.

This will allow for some time to consider next steps regarding either PoS or planned out static rewards. Opinions on the issue are welcome.

The code and wallet updates will be pushed in a few hours.

The reason why PND is dumped in the market is that it is profitable to do so with current hashing rate and difficulty level. If you reduce the block reward to 50k, then the hashing rate will reduce accordingly, it will be dumped again. It is in vicious cycle. You may not be able to increase the price by reducing the reward. Dodge is an example. The reward halved, the price was the same as difficulty halved.

Too low hashing rate will make the PND network vulnerable due to very low hashing rate. With 250k reward, the hashing rate is 100MH/s, If you reduce it to 50k, the hash rate could be 20MH/s. It is very dangerous.

So I would suggest keeping the current reward halving schedule. That was known from the beginning and we mine PND because of that.

Making it fixed reward is a good idea. But please give us long warning time.

You may also change it to scrypt-N. But that is too similar to PANDA. I think the future of PND is in scrypt-N. SpainCoin has been changed smoothly to scrypt-N. This could be done on block 100k or later, giving us long enough warning.

The depressing of the price is due to little use of PND.
ScryptN is definitely not the future, because it's counter is basically just "put upgradable RAM in the ASICs", AND there have already been multiple reports if it burning out GPUs.
The future is X11, which has neither of these issues, is ASIC resistant, has much lower heat, power consumption and wear/tear on the GPUs.
X11+DGW is the perfect combo to keep a coin healthy, away from multipools, huge farms and heavy dumpers.
If it starts being a real problem, a CGA-style reward can be implemented, while the total block reward is divided by the current difficulty (example: 500000/20=25000), thus discouraging the network from getting too big and keeping the farms/multipools out.

The future for PND is PoS, its biggest problem are not rewards or attacks, its the missing buy support. Also I truely believe, that the time of PoW-coins is over, its just too easy to exploit them with multipools - and there will always be a multipool as soon as some PoW is just profitable, no matter how. Scrypt-N might stop some dumpings for a short time but on a longer perspective, coins need to become PoS to stop multipool raping and dumping it.
The issue with PoS is the fact that not only centralizes power (the people who have more get more), but it doesn't allow new players to enter the market in an easy way, since the only way is to buy the coins from another holder, so it's definitely not a solution, long or short term.

Thats why there is a multipool that allows to mine PND even with PoS.

PoW has certain flaws, and not only the shitcoin flow exposes them.

1. PoW network security depends on hashpower: A pool with 51% can crash the whole coin. Not possible with PoS
2. Power consuming: people with low or no energy cost profit over these in countries where power costs alot. Bitcoin mining industry already moves to spots where energy is cheap due to hydroelectric supply or similar. Decentralisation is spoiled. Also a waste of energy generally just to keep the blockchain alife.
3. Pump and Dump: People with much power can and will dump the coin at peaks and use the profit to manipulate market. The earlier you are in, the more power you have. That renders alot of coins to the whim of a few whales. Blackcoin exposes the whales: Everytime when the pool is not buying, and thats often still while in beta, the price dumps.
full member
Activity: 232
Merit: 100
updated OP with mandatory 1.5.4 info
sr. member
Activity: 560
Merit: 250
Version 1.5.4 has been released. This update is mandatory.

"As a temporary solution to fight the continuous dumpfests currently choking the market I'll reduce block reward to 50k coins per block (static) effective after block 63500 has been reached."

MEGA:

win32 - https://mega.co.nz/#!kR4xwKAR!r4U7jmU9phZI9ekIPTv-RNqG_1RxCZc3gnFWslEsFvQ

osx - https://mega.co.nz/#!RMJXWQCZ!SoICiYQZ53wynwn2rZ1jqBbfkjRxsXQu7NSqYbu9udI

src - https://mega.co.nz/#!UYRQUKTQ!7S2YeNqJttLMbh8bHLr0-K0OrBaxV2Xs8OOJJ_z3PmM

uploaded:

win32 - http://ul.to/m9ws4yhd

osx - http://ul.to/uu4fxpqf

src - http://ul.to/vra4z4qr

Good news but please update OP page also.

We'll have to wait for the person responsible for the OP to wake up, otherwise I would have edited it.

Also direct downloads for those who prefer it:

win32 - http://bamboohouse.info/bin/pandacoin-qt-win32_1.5.4.zip

osx - http://bamboohouse.info/bin/pandacoin-qt-osx_1.5.4.dmg

src - http://bamboohouse.info/bin/pandacoin-src_1.5.4.zip
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