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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: WorldCoin on June 22, 2013, 01:07:26 AM



Title: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: WorldCoin on June 22, 2013, 01:07:26 AM
http://worldcoinforum.org/official/logoannouncement.png

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The WorldCoin Team would like to announce the details of an upcoming patch to be released in late July/early August 2013 (block 518,401). Two main issues being addressed are current inflation level and mining orphan rate.

We would like to highlight a couple items before reviewing the details.

WorldCoin currently has a fast secure transaction time of 60 seconds. This is achieved by confirming a 15-second block four consecutive times. The update maintains the 60 second security time so the speed of a complete WDC transaction will not be altered.

Also, before the inflation correction occurs, we are allowing the community to continue to become early adopters by maintaining current coin production levels for the duration of this season. Once the new production rate has been reached, the same volume will be produced each month until the final blocks are mined.



                Patch information

                 http://worldcoinforum.org/official/pdf_icon.png
http://worldcoinforum.org/official/WDC_patch_announcement.pdf






We have a committed Team working to make WorldCoin reach its full potential in the alternative digital currency markets.

                          The future is looking bright for WorldCoin & its supporters.



Visit Us Today
The WorldCoin forum www.worldcoinforum.org will allow a meeting hub as WDC soon becomes the top altcoin. Look at our promising effort and invest in us. We encourage you to come join us today.

If you share our passion for WorldCoin's success, we'd love to have you as a part of our community.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: Oldminer on June 22, 2013, 01:12:30 AM
Oh yea..now we're rolling  ;)


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: BazkieBumpercar on June 22, 2013, 01:13:11 AM
I'm really happy about the whole inflation patch thing :)


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: defaced on June 22, 2013, 01:15:49 AM
reserved


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: seleme on June 22, 2013, 01:16:00 AM
Glad you listened  ;)


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: jubalix on June 22, 2013, 01:17:57 AM
Also, before the inflation correction occurs, we are allowing the community to continue to become early adopters by maintaining current coin production levels for the duration of this season.


sounds a little, um, centralized, you allowing others???

so does this mean there will be less coins in the remainder of production, or are you upping whole coin amount

this needs a  tl;dr

rather than a pdf


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: sumantso on June 22, 2013, 01:18:12 AM
Thats great news :)


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: Kruncha on June 22, 2013, 01:18:18 AM
Great news for worldcoin, great news for us...

...and still great news for newcomers. :)

K.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: BigDaddyWooWoo on June 22, 2013, 01:19:52 AM
This is effen great news!  Glad I've been hoarding.  I jumped in with the right coin.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: Oldminer on June 22, 2013, 01:19:56 AM
Also, before the inflation correction occurs, we are allowing the community to continue to become early adopters by maintaining current coin production levels for the duration of this season.


sounds a little, um, centralized, you allowing others???



Of course. Anyone can buy/mine WDC. Its referring to the current crypto-community as a whole.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: nerdcustoms on June 22, 2013, 01:20:05 AM
Well done!  A patch was definitely needed.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: Mr.V on June 22, 2013, 01:21:33 AM
well it isn't the 1minute blocks I was hoping for but 30secs is better then 15. Still good job guys thanks for improving the coin I invested in most!


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: seleme on June 22, 2013, 01:23:43 AM
Also, before the inflation correction occurs, we are allowing the community to continue to become early adopters by maintaining current coin production levels for the duration of this season.


sounds a little, um, centralized, you allowing others???

so does this mean there will be less coins in the remainder of production, or are you upping whole coin amount

this needs a  tl;dr

rather than a pdf


Full number of coins to be produced is same but it'd time distribution is bit different. Check the pdf.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: sprinkles on June 22, 2013, 01:29:35 AM
Awesome news!


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: Disastrus on June 22, 2013, 01:34:17 AM
Hmmm, interesting  8)


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: seleme on June 22, 2013, 01:35:15 AM
Looks like my 75k WDC could be worth something  ;D


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: gudmunsn on June 22, 2013, 02:31:22 AM
This is great news. I like how the block size decreases as time goes on so that the altcoin community won't be inundated with Worldcoin. The nice thing is that it isn't too late to become an early adopter. Right now the difficulty is still low (1.8) so you can still amass many of the 5.5 million coins that will be coming out for the next 5 months (since worldcoin is about 1 month old).  This gives everybody a fair shot at getting their hands on a lot of the coin, and I think it will be very important in getting it circulating through the marketplace. While I wasn't involved with LTC in the early stages, it would make sense that it was a similar situation. I'd love to hear more from people about their experiences with a young LTC. "Back in the good ol' days I could mine hundreds a day," etc :)

I am also a fan of the changes regarding the orphan problem; The difficulty being raise 15% every 120 blocks will certainly dissuade pool-hoppers, and will help to make the coin both more stable hashrate/difficulty wise, as well as value wise. Miners won't be dumping huge quantities mined at a low diff for 8 hours, since it will be changing often. This will serve to make the coin more viable as a currency, and less as a speculation vehicle.

I'm very excited to see what comes next for WDC.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: jubalix on June 22, 2013, 02:38:33 AM
Also, before the inflation correction occurs, we are allowing the community to continue to become early adopters by maintaining current coin production levels for the duration of this season.


sounds a little, um, centralized, you allowing others???

so does this mean there will be less coins in the remainder of production, or are you upping whole coin amount

this needs a  tl;dr

rather than a pdf


Full number of coins to be produced is same but it'd time distribution is bit different. Check the pdf.

what sort of rig do i need to be able to mine

also is the new system front loading the coin so not as much motivation to mine in the long term???


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: seleme on June 22, 2013, 04:11:00 AM
I don't mine anything so you have to ask that someone else.. but it has to be same rig you mine any other coin, no difference.

Not sure I understand the second question.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: jubalix on June 22, 2013, 06:37:38 AM
I don't mine anything so you have to ask that someone else.. but it has to be same rig you mine any other coin, no difference.

Not sure I understand the second question.

sorry KH to get a coin


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: MaGNeT on June 22, 2013, 10:38:06 AM
Things looking good :)


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: yager on June 22, 2013, 11:22:25 AM
Well done wdc dev team.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: aggster on June 22, 2013, 11:55:32 AM
in my view this is the best altcoin by far, fast transfers and no issues syncing with wallet


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: BazkieBumpercar on June 22, 2013, 01:26:48 PM
what WDC needs now is an auction site :)


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: nerdcustoms on June 22, 2013, 01:48:36 PM
what WDC needs now is an auction site :)

If only one were in the works  ;)


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: BazkieBumpercar on June 22, 2013, 04:10:50 PM
what WDC needs now is an auction site :)

If only one were in the works  ;)
well that'd be splendid! but what are the odds! ;)


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: clint25n on June 23, 2013, 01:45:01 AM
Sounds like most approve of the changes.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: nerdcustoms on June 23, 2013, 10:31:28 AM
Sounds like most approve of the changes.

I haven't really heard anyone chime in negatively.  Should be good to go.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: Kiplingscat on June 23, 2013, 08:55:16 PM
The cat says  sell the coin.  I will be buying.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: Taborresen on June 24, 2013, 06:21:04 PM
Good things are happening.  ;D


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: nerdcustoms on June 24, 2013, 07:57:47 PM
If anyone is interested in selling items for Worldcoin (WDC). We are offering 100% free listings for bitcointalk users. Next 50 listings only: www.worldcoincentral.com. When creating your listing use voucher code: 216164f60318

Obnoxious or troll type listings will be removed.  Please do not abuse this and there will be more giveaways in the future. 


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: Praxis on June 25, 2013, 11:31:29 AM
My faith in this coin keeps growing.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: nerdcustoms on June 25, 2013, 12:23:03 PM
My faith in this coin keeps growing.

It's definitely coming around. I'm pretty exited to see where we go from here.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: eddyfitz on June 25, 2013, 01:14:22 PM
yet price is only dropping....


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: Kiplingscat on June 25, 2013, 03:31:50 PM
God you people are super smart.  Dev team is in bed with Phenix and Feather and we are going to rock.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: Disastrus on June 25, 2013, 06:30:42 PM
God you people are dumb.
be gone with you and your manboobs


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: ISAWHIM on June 26, 2013, 06:41:38 AM
The website is still directing people to the old client... v6.4 in the downloads... And the threads all point to the website to download...

Where is the updated client, and why is it not on the official website links? This is the third attempt to get the patched version, without any luck.

Focus less on image, and more on availability and coordination of your resources. Directing people to download a wallet that does not function, and does not tell you the version until after it is downloaded is self-degrading to any future expansion. Seems you have to be "in the know" to get what should be "the only source available".

If the other versions don't work, remove them, unlink them, as they are not of any value or use.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: Mr.V on June 26, 2013, 06:50:19 AM
The website is still directing people to the old client... v6.4 in the downloads... And the threads all point to the website to download...

Where is the updated client, and why is it not on the official website links? This is the third attempt to get the patched version, without any luck.

Focus less on image, and more on availability and coordination of your resources. Directing people to download a wallet that does not function, and does not tell you the version until after it is downloaded is self-degrading to any future expansion. Seems you have to be "in the know" to get what should be "the only source available".

If the other versions don't work, remove them, unlink them, as they are not of any value or use.
I think the patch will be released early august


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: eddyfitz on June 26, 2013, 10:48:25 AM
The website is still directing people to the old client... v6.4 in the downloads... And the threads all point to the website to download...

Where is the updated client, and why is it not on the official website links? This is the third attempt to get the patched version, without any luck.

Focus less on image, and more on availability and coordination of your resources. Directing people to download a wallet that does not function, and does not tell you the version until after it is downloaded is self-degrading to any future expansion. Seems you have to be "in the know" to get what should be "the only source available".

If the other versions don't work, remove them, unlink them, as they are not of any value or use.
I think the patch will be released early august

True. people here often cannot read....


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: Praxis on June 28, 2013, 11:03:42 AM
God you people are dumb.

Can you elaborate?


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: Kiplingscat on June 30, 2013, 09:51:00 PM
World Coin is the best coin on the market.  The patch will make it even better.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: wheatrich on June 30, 2013, 10:49:48 PM
CHNcoin didn't die because people stopped mining it.

edit--yeah it's really annoying that it keeps saying to upgrade it.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: muddafudda on July 03, 2013, 04:05:50 AM
So you want to reduce rewards, go fuck yourself. Scamcoin is scamcoin. Go hang with gold.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: groll on July 03, 2013, 04:55:44 AM
16M of the new total of 66.8M coin mine in first 3 month 20.5M in first 6Month. so only 4.1M/y each next 9.5 years.  sounds like insta-mine for 3 months then starve the market to make price higher to make money.

early adopter is not supposed to be get rich quick 30% of total in 6 month is just an extended insta mine for insider and friend. That look like we mine it it's ok, in fact to cover we get lots of coin to get rich.
you get the right problem, too much coin early, for the time to establish value. you respond with let it go some time and then nearly close the valve.

BTW your total of 265M a bottom of second column should be 66.8M + some post year 10 probably 72M or something like that or I miss 200M somewhere  ???


I like ALT crypto, but the scheme of get my friend rich scheme is just killing it. I'm still searching for an honest one other then litecoin (have other problem, but not this one)and it seems not much is available

p.S. insta-mine of this sort is sometimes also call starter superblock


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: Vitalicus on July 03, 2013, 11:34:25 AM
I think - better is to reduce the total amount, for example = 100 mln ?
So in 4 years we will have a first mature currency for using anyware


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: mr_random on July 03, 2013, 11:41:25 AM
16M of the new total of 66.8M coin mine in first 3 month 20.5M in first 6Month. so only 4.1M/y each next 9.5 years.  sounds like insta-mine for 3 months then starve the market to make price higher to make money.

early adopter is not supposed to be get rich quick 30% of total in 6 month is just an extended insta mine for insider and friend. That look like we mine it it's ok, in fact to cover we get lots of coin to get rich.
you get the right problem, too much coin early, for the time to establish value. you respond with let it go some time and then nearly close the valve.

BTW your total of 265M a bottom of second column should be 66.8M + some post year 10 probably 72M or something like that or I miss 200M somewhere  ???


I like ALT crypto, but the scheme of get my friend rich scheme is just killing it. I'm still searching for an honest one other then litecoin (have other problem, but not this one)and it seems not much is available

p.S. insta-mine of this sort is sometimes also call starter superblock

3 month insta-mine  ::) Do you know what 'insta' stands for?



Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: groll on July 03, 2013, 01:13:53 PM
[

3 month insta-mine  ::) Do you know what 'insta' stands for?



yes at the moment, so now you mine a bit and get lots of coins(can get 70-80 coins per day with  only 150kh/s) , in 5 month it will be 12 times less coin rewards.

yes I agree insta is not exactly the word but you get the idea(can be super fast mine  :D). just don't put another word for same thing. Some try to get it with superblock, can be dump most coins to friend and miner of the start. all is the same scheme of get to some early miner a lots of coins at start and try to get the coins value a bit up to make tons of money. coins dev seesm imaginative on the way to get the same thing in different way, but not on how to really make it adopted.

in fact in 5 month it will be the price is up by 10 fold or the coins is dead because not profitable and hash rate is very low.



the biggest weekness of crypto currency is how to spread them, all going to miner is the problem of proof of work and other like ripple have no easy fair distribution scheme available also.   


adoption and distribution are 2 things and early distribution of most of the coin is bad without adoption!


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: Kiplingscat on July 03, 2013, 06:40:28 PM
So you want to reduce rewards, go fuck yourself. Scamcoin is scamcoin. Go hang with gold.

memecoin, lol.  Yur dumb


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: Kiplingscat on July 03, 2013, 06:43:05 PM
16M of the new total of 66.8M coin mine in first 3 month 20.5M in first 6Month. so only 4.1M/y each next 9.5 years.  sounds like insta-mine for 3 months then starve the market to make price higher to make money.

early adopter is not supposed to be get rich quick 30% of total in 6 month is just an extended insta mine for insider and friend. That look like we mine it it's ok, in fact to cover we get lots of coin to get rich.
you get the right problem, too much coin early, for the time to establish value. you respond with let it go some time and then nearly close the valve.

BTW your total of 265M a bottom of second column should be 66.8M + some post year 10 probably 72M or something like that or I miss 200M somewhere  ???


I like ALT crypto, but the scheme of get my friend rich scheme is just killing it. I'm still searching for an honest one other then litecoin (have other problem, but not this one)and it seems not much is available

p.S. insta-mine of this sort is sometimes also call starter superblock

Hey moron, The currency is about utility not the mining of the currency. get over it.  The sector is years old and this will be one of the ones standing in 5 years with no one remembering the patch of Aug. 2013.  you are so short sighted.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: Kiplingscat on July 03, 2013, 06:44:30 PM
[

3 month insta-mine  ::) Do you know what 'insta' stands for?





the biggest weekness of crypto currency is how to spread them, all going to miner is the problem of proof of work and other like ripple have no easy fair distribution scheme available also.   



God you are a child.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: Kiplingscat on July 03, 2013, 06:46:14 PM
Worldcoin is fast, secure, early onto market, and well branded.  End of story.

It is a top tier coin in a sea of bbqcoin, memecoin, and other ridiculous bs.


Title: Re: [ANN] WDC WorldCoin: Announcing upcoming patch and news
Post by: joinmicah on July 20, 2013, 09:48:11 PM
WOW This is Awesome The Partnership Worldcoin, Feathercoin and Phoenixcoin have put together is incredible!