Bitcoin Forum

Notice: my server (with the main node, the wallet and the pool) crashed today... Lost all my data   :-\
I'll try to restore everything next week, hopefully i'll succeed, otherwise the project has to end here :-[



Hi all,

Since i'm a sysadmin, i tought it would be funny to have a little coin for in-house usage... So i created MERELcoin.

The purpose of this coin is in-house, in-family, in-company usage OR you can use it to educate yourself, or show others the fundamentals of a blockchain... It is not my intention to get this coin on an exchange, it IS however my intention to make a full-featured package (more below)

Because it's a non-profit litecoin knockoff, i did a nice premine for myself... I think nobody will care as long as there weren't any monetary incentives ;) I basically wanted some coins to give to my kid when she did her chores, and i didn't want to wait untill somebody with an ASIC makes it impossible to mine any coins for myself ;)

It's a pure clone of Litecoin, NOTHING special was added... The maturity time and time between blocks was changed, also: the reward will drop signigicantly after block 10.000....

So, here are the links:

Download the wallets and nodes for windows and linux here:
http://www.merel.mobi/merelcoin/

A pool (first time running a pool... I make no guarantees about the uptime, usability, stability,....):
http://pool.merel.mobi/

A block explorer:
http://explorer.merel.mobi/rpcace.php

The sourcecode:
https://github.com/merelcoin/merelcoin

On online wallet (in eta, currently without nice GUI):
http://wallet.merel.mobi/login.php


New: There is now a (small) bounty in MEREL for the open tasks on my to-do list... I currently don't have much time, so i'm giving the community a chance to receive some MEREL by helping me :)
TODO:

• Remove the last litecoin icons (the installer still shows the litecoin icon) => 100 MEREL
• create a basic website => 2000 MEREL
• create a paper wallet generator => 3000 MEREL
• create an android wallet => 4000 MEREL
• create a mac wallet => 7000 MEREL

ps... I'm only online about 1-2 times/week... so don't panick if i don't keep an eye on this thread :)

Miner won't connect to wallet...

i'll look into that next time i edit the sourcecode... Poolmining  and in-wallet mining (setgenerate true) should work fine tough :)

thanks for the bugreport!

I pray that I never have a "sysadmin" as incompetent as this working in my organization. I think maybe it is more an in-house sysadmin, meaning he is only the admin of his and his moms computers.

If you are cloning anyway, why Litecoin...

You choose the time and place incorrect to launch an experiment,  If you are doing that you can do with help of  a couple of friends could be better choose. Now I have that mark its how dont approved.

Lol... Okay, i'm not here to pick a fight... But just one thing: a sysadmin is not the same as a programmer....
I'm an AIX sysadmin, and i can honestly say the servers i controll are running smooth... Sure, my programming skills are not top-notch, but i find this remark insulting nevertheless...
Where, in the few lines i wrote do you jump to the conclusion i'm incompetent in my daytime job? Since you say you hope i'm never going to work in your organisation, i assume you're working for the NSA or something... Is it the fact that i merely cloned a coin, or in the fact you don't see fancy colors in the OP that made you angry at a guy releasing a quick not-for-profit coin???


Basically, because it was the original bitcoin clone... I tought about a POS coin, but in the end, the original idear of litecoin stuck in my head


Sure, you're probably right... The thing is: i tought it would have been a good idear to create a clone that was perfectly honest from the beginning: i will not try to get this coin on an exchange... Since about ALL other coins are just here to make a quick buck, i tought it would be neat to have a coin that you could use for small experimenting or for in-family use... I tought that a not-for-profit coin would keep people with big ASIC's away, and would leave a coin that was usable for the community...

It's up to you to decide if this was a good idear or not, and i respect your personal remarks... Even if i don't totally agree with them

MELER coin?

Did not see you mention premined 2,000,000 coins ?
Is it for experiment also ?

I did mentioned i premined for myself in the OP... It's non-profit, so there is no monetary incentive :)

I hope yobit will add this coin.. ;D

Personally, i hope they don't... It would defeat the purpose of this coin :P

I got a PM asking my future plans for this coin, so i tought i would add them to the thread...

What IS on my planning:

• remove the last "bugs" from the sourcecode
• create a basic website
• create an android client
• create an online wallet
• create a paper wallet generator
• more or less follow litecoin's development

What is NOT on my planning:

• getting the coin on an exchange
• putting effort into promoting/monetizing this coin

The main goal still consists in a low-diff coin that has little or no monetary value, and can be used in-house, in-family or in-company, OR that can be used to educate OR to give new miners the feeling you can still mine some blocks without a big ASIC :)
Because it's not in the forseeable future to make any money from this coin, i cannot allocate a lot of my time towards development... Things will move slow, but the coin will be kept alive for a long time (i have an old gridseed laying around, gathering dust... So if the chain would stop moving, i'll put 300k scrypt hashrate towards it to get it moving again myself)

At the moment, more than 13.000 blocks have been mined, and the difficulty is really low: 0.003...

Thanks for the information. I will have a try

Well.... I'm still active, the blockchain is still moving,... It's up to you to make your own decission, but i'm going to keep this one moving...

Btw: i'm scripting my own webwallet right now, it'll be finished in about a week... Just like the rest of the coin, it'll be no-frills and basic, but functioning...

Low diff on this coin, no big miners a will mine a little :)

Good luck with the project, I think it will be a great learning experience for you.

Thank you for providing information on the progress.

No problem... I'm planning on finishing all points in my OP, but since it's a non-profit project, it'll take a lot of time (i don't have any funds, so i'm doing it all myself, in my spare time)


Indeed, it is :) I've learned a lot about blockchains by this hands-on experience :)


Thank you  ;D. Remember, this coin is not really meanth to go on exchanges... So i wouldn't trow a lot of hashing power towards it ;)

No man home machine just for fun :)

Mining some for fun. Somehow nice to see "BLOCK!" in cgminer. Any developments?

Still busy with the layout of the web wallet... The technical stuff is long done, but i'm so bad at graphical design, i keep on throwing my design in the trash and start all over...

Due to popular demand, the beta of the wallet can be found here: http://wallet.merel.mobi/

I didn't implement any of the graphical designs i have on my pc... So it's design-less, but it should work :)

Next point on the list: a basic website!!!

Reward drop to 5 in about 8500 blocks ;D

Yup... Mine them while you can ;)
BTW: would somebody be interested in a bounty in MEREL for creating a mac wallet?
I was thinking about offering 5000 MEREL for the first user that compiles this wallet... And maybe 2000 MEREL if somebody can compile an android one... (i can do the android one myself, but i don't really have time...)

update: bounty implemented...
Make sure you post on this thread whenever you want to claim a bounty, just to make sure there aren't two people working on the same project (not likely).
If you don't tell me you're working on a bounty, the bounty is being payed on a first-come basis (the one that claims the bounty first gets the MEREL)

It looks cool. :D

Thanks :)

I did have several designs on my local pc (mostly open source templates that i adapted), but since i liked none of them, i just uploaded the  "basic" version... No extra buttons, links, colors, css,... Just plain basic html (not even wellformed html i must say)..

But in the end, the online wallet does what it's supposed to do ;)

Fair warning: this is my first time writing an online wallet, so don't use it to store all of your coins!!!

Pool seems to be abandoned. Oh,well...

Indeed  :(

I'll plug in my gridseed once the website is finished :)

Why nobody mining this coin, dev is still here.

Well... The coin is not on an exchange, and it'll probably never be, so there wasn't much interest in it from the community (seems to be all about profit nowadays).
At the moment, i have some problems with the pool, hopefull it'll be fixed soon, but i doubt many miners will return. No biggie tough, i'll just setup my old gridseed and mine @ 300K myself  ;D

Solo mining not possible at this moment. I have been mining using two Gridseeds at the office, just for fun.

Indeed... My server crashed. I lost most of the data.
I'll try to restore the server during the next week, hopefully i'll succeed, i'll keep you all posted  :-\

Ok thanks a lot dev, never give up.

In fact, I'm also concerned about the coin, OK. Waiting
Hope pool recovery.

Need to develop more content. :)
I want someone to pay attention to.

At the moment, this is the deal:

I've lost my server, which was also the main node. Personally, i haden't sync'ed my own wallets for weeks. I've reinstalled the daemon on a proper node, and sync'ed it with my own wallet. However, the chain seems stuck. The last block i had was pretty old, and it seems the main node is waiting for more blocks...
Can you guys try to start your windows wallets, sync, and try to generate some coins from your wallets? (go to the debug window, and type "setgenerate true").

If we can get the chain sync'ed, and we can mine some blocks to overtake the chain with the lost blocks that were only located on my server, we can start again without losing coins...
At least, this is the theory. I don't know if it'll work (yet).

If we can get the chain synced again, i'll reinstall the pool software, and we can continue where we left off.

I've tried for a while to fix the issues, but i'm afraid this coin is dead at the moment (mostly due to a lack of time to fix the problems).
Maybe, if i have a lot of time in the future, i might try to fix it...

If anybody is interested in a takeover, be my guest ;)