Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: tatsuchan on March 03, 2012, 11:52:34 AM



Title: Solid Coin Problem (CLOSED: Question Answered)
Post by: tatsuchan on March 03, 2012, 11:52:34 AM
Anyone know anything about Solid Coin?  I wanted to setup a miner and see what kind of results I'd get.  Figured it would be somewhat close to Litecoins on my CPU (about 9 - 12/day).  It's been mining now for about 16 hours and I'm up to 0.06075499.  So yea, a days worth of mining is going to get me 0.07 cents worth of SC?  I'm wondering if I didn't configure something right before I just give up this one.


Title: Re: Solid Coin Problem
Post by: tiker on March 03, 2012, 12:41:35 PM
That sounds about right for SolidCoin...


Title: Re: Solid Coin Problem
Post by: Gabi on March 03, 2012, 01:01:45 PM
Anyone know anything about Solid Coin?  I wanted to setup a miner and see what kind of results I'd get.  Figured it would be somewhat close to Litecoins on my CPU (about 9 - 12/day).  It's been mining now for about 16 hours and I'm up to 0.06075499.  So yea, a days worth of mining is going to get me 0.07 cents worth of SC?  I'm wondering if I didn't configure something right before I just give up this one.
It's fine. Didn't you read about recent changes in scamcoin?

The cause of the problem is called "SolidCoin"

Switch to a coin that is not called scamcoin and you will solve that problem.


Title: Re: Solid Coin Problem
Post by: tatsuchan on March 03, 2012, 01:09:30 PM
Assuming Values
SC = .011 BTC
LTC = .0017 BTC
BTC = $5.00

My Core 2 Duo/3.2ghz mines
SC .011 = .0055/day ($0.0275)
LTC .0017  = .017/day ($0.085)


Both figures suck, but I was hoping for something that might actually make a profit for once.  >:(
I know there is hype about Litecoin getting a gpu miner released, but does SC have one?  I don't read up too much on SC threads cause they are all flamewars and/or bragging.

Any other ideas on how to make money off my few computer rigs? lol.


Title: Re: Solid Coin Problem
Post by: tatsuchan on March 03, 2012, 01:13:30 PM
Anyone know anything about Solid Coin?  I wanted to setup a miner and see what kind of results I'd get.  Figured it would be somewhat close to Litecoins on my CPU (about 9 - 12/day).  It's been mining now for about 16 hours and I'm up to 0.06075499.  So yea, a days worth of mining is going to get me 0.07 cents worth of SC?  I'm wondering if I didn't configure something right before I just give up this one.
It's fine. Didn't you read about recent changes in scamcoin?

The cause of the problem is called "SolidCoin"

Switch to a coin that is not called scamcoin and you will solve that problem.

I'm mostly invested by miners/money in Bitcoin and Litecoin.  If there is something I can diversify a bit on, I don't mind trying,  but the gamble to payout doesn't seem to be worth it for me.


Title: Re: Solid Coin Problem
Post by: LoupGaroux on March 03, 2012, 04:10:43 PM
Easiest diversification plan in the world... mine with merged mining at BitParking http://mmpool.bitparking.com/pool (http://mmpool.bitparking.com/pool) btc + four alt-coins simultaneously.


Title: Re: Solid Coin Problem
Post by: k9quaint on March 03, 2012, 04:39:50 PM
Anyone know anything about Solid Coin?  I wanted to setup a miner and see what kind of results I'd get.  Figured it would be somewhat close to Litecoins on my CPU (about 9 - 12/day).  It's been mining now for about 16 hours and I'm up to 0.06075499.  So yea, a days worth of mining is going to get me 0.07 cents worth of SC?  I'm wondering if I didn't configure something right before I just give up this one.

You should figure out how much money you spend in electricity mining that $0.0007 worth of SoiledCoin. Then you will understand why nobody is mining it.


Title: Re: Solid Coin Problem
Post by: humilulo on March 03, 2012, 08:31:19 PM
i read here that SolidCoin has issues. i just found out about LiteCoin recently (maybe a week ago). i thot it was a cool idea too. and i fell for the "all the other bitcoin alternatives are flops" lie too... till i looked into it.

here's the bottom line: lots more people are mining SolidCoin than LiteCoin, as far as i can tell. LOTS. do you have evidence that LiteCoin is more popular? i read up on the SolidCoin forums because i like to read about the "underdog". but my findings seem to indicate that LiteCoin is more likely the culprit here. LiteCoin being designed from the beginning to have "GPU hostile" and "CPU friendly" mining. and it turns out that the benefits to mine LiteCoin by GPU to mining by CPU are GREATER for LiteCoin than that same ratio is for BitCoin. basically, the very claim to make LiteCoin CPU friendly ends up being the exact opposite: LiteCoin is more GPU friendly than it is CPU friendly! it is true that whether the originator had honest intention or malicious intention with this is speculation. but here's the bottom line: if it was malicious intention then he's a con and i don't want to follow a cheater and deceiver by using his LiteCoin alternative. and if he had honest intention, then LiteCoin is a failure to deliver what it was intended to deliver. either way: it's a flop. but hey, we all should know that all these crypto-currencies are high risk to begin with, so we should not be too surprised.

the hashing pools are where the evidence really is. far less hashes for LiteCoin. and SolidCoin was ranked #2 is how many hashes were being performed. so it seems to me that Solid Coin is the trump over LiteCoin. plus SolidCoin claims to have overcome weaknesses in the BitCoin system too: the 51% takeover, which has been used against other bitcoin alternatives. it seems to me that SolidCoin is kicking butt! but that's just what i gather.

and for bashers: please don't bash me. i'm not bashing others. i'm not bashing *people*. i'm only saying that from what i find, a lot of claims are flaky, and from this new person to take a fair look at both LiteCoin and SolidCoin for just about 1-3 days now, it appears to me that LiteCoin has a pretty high chance of deceptive intentions, but if it's not, then it failed at its #1 goal, to be CPU friendly. and that bashing SolidCoin is just foolish.

but i think "SolidCoin" is a rather lame name, myself. but apart from the "look at me, I'm solid" tout that SolidCoin has, i still give it a fair look. so i ask you SolidCoin haters: why is it bad? what is really wrong with it? i mean, fairly. please talk me out of SolidCoin. i'm asking you to keep me from such a mistake.. if it is a mistake to run with SolidCoin

i know popularity does not mean good. i mean, look at Mt. Gox. it got hacked and it is still the most popular BTC exchange site in the bitcoin world. i don't understand people. and it claims to be secure. *rolling my eyes* but it has nice features. i'd be stupid to not look at the big picture and find why people still use it. it does have more features than other exchanges that i find. but i mention Mt. Gox to only show that popularity means nothing.

and my findings show me that SolidCoin is the 2nd most popular BitCoin alternative with BitCoin holding in as top most popular. so what is really wrong with SolidCoin? i have yet to understand this. and apparently, the mass of users too. :P


Title: Re: Solid Coin Problem
Post by: Tomatocage on March 03, 2012, 08:42:13 PM
SolidCoin is absolutely retarded with the change to .000000000000000000000000001ty SC per block or some shit like that.  Mining it is useless, so the best way to acquire SC is to just buy it.

LiteCoin is catching on and with more places accepting it, you're best bet is to buy a shit ton of them while they're still cheap.


Title: Re: Solid Coin Problem
Post by: LoupGaroux on March 03, 2012, 09:40:04 PM
i read here that SolidCoin has issues. i just found out about LiteCoin recently (maybe a week ago). i thot it was a cool idea too. and i fell for the "all the other bitcoin alternatives are flops" lie too... till i looked into it.

here's the bottom line: lots more people are mining SolidCoin than LiteCoin, as far as i can tell. LOTS. do you have evidence that LiteCoin is more popular? i read up on the SolidCoin forums because i like to read about the "underdog". but my findings seem to indicate that LiteCoin is more likely the culprit here. LiteCoin being designed from the beginning to have "GPU hostile" and "CPU friendly" mining. and it turns out that the benefits to mine LiteCoin by GPU to mining by CPU are GREATER for LiteCoin than that same ratio is for BitCoin. basically, the very claim to make LiteCoin CPU friendly ends up being the exact opposite: LiteCoin is more GPU friendly than it is CPU friendly! it is true that whether the originator had honest intention or malicious intention with this is speculation. but here's the bottom line: if it was malicious intention then he's a con and i don't want to follow a cheater and deceiver by using his LiteCoin alternative. and if he had honest intention, then LiteCoin is a failure to deliver what it was intended to deliver. either way: it's a flop. but hey, we all should know that all these crypto-currencies are high risk to begin with, so we should not be too surprised.

the hashing pools are where the evidence really is. far less hashes for LiteCoin. and SolidCoin was ranked #2 is how many hashes were being performed. so it seems to me that Solid Coin is the trump over LiteCoin. plus SolidCoin claims to have overcome weaknesses in the BitCoin system too: the 51% takeover, which has been used against other bitcoin alternatives. it seems to me that SolidCoin is kicking butt! but that's just what i gather.

and for bashers: please don't bash me. i'm not bashing others. i'm not bashing *people*. i'm only saying that from what i find, a lot of claims are flaky, and from this new person to take a fair look at both LiteCoin and SolidCoin for just about 1-3 days now, it appears to me that LiteCoin has a pretty high chance of deceptive intentions, but if it's not, then it failed at its #1 goal, to be CPU friendly. and that bashing SolidCoin is just foolish.

but i think "SolidCoin" is a rather lame name, myself. but apart from the "look at me, I'm solid" tout that SolidCoin has, i still give it a fair look. so i ask you SolidCoin haters: why is it bad? what is really wrong with it? i mean, fairly. please talk me out of SolidCoin. i'm asking you to keep me from such a mistake.. if it is a mistake to run with SolidCoin

i know popularity does not mean good. i mean, look at Mt. Gox. it got hacked and it is still the most popular BTC exchange site in the bitcoin world. i don't understand people. and it claims to be secure. *rolling my eyes* but it has nice features. i'd be stupid to not look at the big picture and find why people still use it. it does have more features than other exchanges that i find. but i mention Mt. Gox to only show that popularity means nothing.

and my findings show me that SolidCoin is the 2nd most popular BitCoin alternative with BitCoin holding in as top most popular. so what is really wrong with SolidCoin? i have yet to understand this. and apparently, the mass of users too. :P

Your "investigation" is incomplete. Just looking at hashes (and your calculations are wrong by the way...) does not even begin to tell the story. You need to perhaps read the entire thread devoted to exposing the dishonest way in which ShortBusCoin has been released, the manipulation games that the "programmers" behind it have played, the massive number of coins that has been pre-mined and hidden away in private wallets that only that same insiders club of "programmers" have access to- 13.5 million of them, look at the irrational behavior of the folks behind the project and ask yourself if that is the alt-coin you feel has a future? If you can find the accurate source, and you can read such things, you might want to know exactly what it is that you are introducing into your system. Are you comfortable that there are no trojans, that you are not supporting copyright infringement, illegally using other people's work product, and that your systems cannot be manipulated by this very, very questionable and dishonest group of fans of SC?

And if your answer after really educating yourself is yes, it's the coin for you... then march right over to their full service web presence, where you will find dedicated resources, and IRC channel, forums and all kinds of warm and fuzzy welcoming attitude to support you in your choice. This forum is about bitcoin, which is nothing like ShortBusCoin, in that it has a utility, is a valid form of storing value and is actually useful in the world to conduct transactions with.

Litecoin is another flavor of vanity coin project, billed as the silver to bitcoins gold, but really it is just something to keep CPU's busy while they are devoting less than 5% of their resources to mining bitcoin.

I don't mine SC or support it in any way because it is tainted by the very folks that promote it. They are not honest, they are ill-mannered neighbors, and they are abusive of anyone who does not agree with them. It's just like not playing Russian Roulette, I don't need to do it to know that it is a pretty poor idea.


Title: Re: Solid Coin Problem
Post by: Kettenmonster on March 03, 2012, 09:43:50 PM
... I don't read up too much on SC threads cause ...
That is probably why ... plus does this rule apply to this thread too?  ???
Anyhow your experience seems quite right, so is your headline.


Title: Re: Solid Coin Problem
Post by: RoloTonyBrownTown on March 03, 2012, 09:49:12 PM
here's the bottom line: lots more people are mining SolidCoin than LiteCoin, as far as i can tell. LOTS.  

If by "lots" you mean "absolutely no-one", then yeah you're spot on.    Why the hell would anyone mine them when you get absolutely bugger all for it (aside from a bigger electricity bill).   Even if you had free electricity you'd still be wasting your time.

Just forget about Solidcoin, it's a mess.


Title: Re: Solid Coin Problem
Post by: tacotime on March 03, 2012, 10:03:54 PM
here's the bottom line: lots more people are mining SolidCoin than LiteCoin, as far as i can tell. LOTS.

Solidcoin's difficulty is only usually 3-5k right now...  It was 10 times that before the most recent block reward nerf.  Hardly anyone is actually mining SC2 because as soon as the difficulty goes up you go from losing 90% based on the amount of electricity you used to 95%, which I guess is unacceptable for pretty much everyone.


Title: Re: Solid Coin Problem
Post by: ThiagoCMC on March 03, 2012, 11:20:04 PM
Easiest diversification plan in the world... mine with merged mining at BitParking http://mmpool.bitparking.com/pool (http://mmpool.bitparking.com/pool) btc + four alt-coins simultaneously.

Or wit P2Pool, merged mining with a lots of coins at the same time too...


Title: Re: Solid Coin Problem
Post by: film2240 on March 03, 2012, 11:27:22 PM
Here's an account of my experiences with SC as a currency:

To sum up:
Reason to avoid solidcoin like the plague: https://bitcointalk.org/index.php?topic=66518.0 (https://bitcointalk.org/index.php?topic=66518.0)

I raised concern about RealSolids 'data collector' built into his SolidCoin client/network.He has refused to achknowledge why it exists and has used secretly gathered (by hiding this deep in hte fine print which caught me out) info against me by denying me what I felt was rightfully mine by being an 'early adopter' of his currency (back when it was a fresh,young currency last august).I even supported him initially before seeing his true nature as evidenced by closing his code source,releasing SC2 which created issues and has things we can't trust.After discovering that SC was not the curency I thought it was,I turned against the idea and was hoping that RS would 'reset ' the whole idea and start fresh.Clearly this didn't happen and so we saw  RS gaining more and more control over the SC network.Hey RS,isn't the whole point of a P2P currency based on the idea that a cryptographic algorithm would take care of verifying transactions and the network itself without central control. Any currency that is not open source should be avoided like the plague!

RS hides behind the excuse that,you agreed to having info collected from you when you use SC. Does the idea of having a possible keylogger or 'data collector' concern you?

RealSolid is dismissive of concerns about his 'currency' and refuses to address issues. Always make sure you know who you are dealing with on these forums OP when using alt chains and alt currencies. If you write comments that RS doesn't like (basically kiss his butt or he'll chase you up on it), he'll pursue you very heavily on here,his forums and IRC channel.When I wrote a comment before about SC,RS compained to me that my comment was 'negative' when I logged into the IRC channel which came out of the blue for me. Anyway I managed to clarify my comment. The message is clear,if you make a comment (an intelligent,valid criticism,comparison to other approaches) that RS doesn't consider 'positive' then he'll chase you up on it.

Many notable individuals have raised issues and exposed issues with SolidCoin on these forums but Realsolid/CoinHunter has dismissed and insisted that the issues raised were not a 'big deal' and look where it got him.RS was given a chance by other members of this forum to fix.



Title: Re: Solid Coin Problem
Post by: k9quaint on March 04, 2012, 12:17:36 AM
I have 4 posts.

We know.



Title: Re: Solid Coin Problem
Post by: humilulo on March 04, 2012, 12:38:02 AM
thanks to most for some great replies and not bashing me for honest questions. i really am wanting to see the truth behind SolidCoin.

regarding it not being open-source, i would TOTALLY AGREE that any such system must be open source. but it seems to me that it *is* open source: i see the site has their open source posted at this page:
http://solidcoin.info/downloads.html

i downloaded the zip and it has several code files in it. i did not even try to compile it as i'm not even on a puter that has Visual Studio installed. (i'm a windows programmer [my appologies ;) ] and c# is my specialty, but i'm familiar with c++ too.) so my point is at first glance, it appears that the source code is released. for those saying it's not open source, do you have a response to that?

i agree that he has a hot-head attitude tho. that shows a lack of professionality about him tho. i give that negative aspect too.

and thanks for that post to where he asked how many coins should be pre-mined. it was quite hillarious! :)

but about pre-mined coins, in the explanation at the solidcoin site, it explains that premined coins cannot be spent like normal coins. i have to give him/them/SC credit, that it's a good idea. (i think brilliant to overcome the 51% 'danger' that other cryptocoins face.) but i also admit that i only half understand stated solution as to how those premined coined and 'trusted nodes' actually keep the network safe from a powerful attacker. but i'm pointing out that SC claims those coins cannot be spent as regular coins.

and yeah, when i took a second look at difficulties, i found SC difficulties to be very low with as mentioned, hardly any miners. but in response to it not being worth the electricity to mine them, neither is BitCoins worth mining.


Title: Re: Solid Coin Problem
Post by: film2240 on March 04, 2012, 12:47:23 AM
thanks to most for some great replies and not bashing me for honest questions. i really am wanting to see the truth behind SolidCoin.

regarding it not being open-source, i would TOTALLY AGREE that any such system must be open source. but it seems to me that it *is* open source: i see the site has their open source posted at this page:
http://solidcoin.info/downloads.html

i downloaded the zip and it has several code files in it. i did not even try to compile it as i'm not even on a puter that has Visual Studio installed. (i'm a windows programmer [my appologies ;) ] and c# is my specialty, but i'm familiar with c++ too.) so my point is at first glance, it appears that the source code is released. for those saying it's not open source, do you have a response to that?

i agree that he has a hot-head attitude tho. that shows a lack of professionality about him tho. i give that negative aspect too.

and thanks for that post to where he asked how many coins should be pre-mined. it was quite hillarious! :)

but about pre-mined coins, in the explanation at the solidcoin site, it explains that premined coins cannot be spent like normal coins. i have to give him/them/SC credit, that it's a good idea. (i think brilliant to overcome the 51% 'danger' that other cryptocoins face.) but i also admit that i only half understand stated solution as to how those premined coined and 'trusted nodes' actually keep the network safe from a powerful attacker. but i'm pointing out that SC claims those coins cannot be spent as regular coins.

and yeah, when i took a second look at difficulties, i found SC difficulties to be very low with as mentioned, hardly any miners. but in response to it not being worth the electricity to mine them, neither is BitCoins worth mining.

I'm happy to see some form of code made available for scrutiny.Also I didn't realise that Xcode on my Mac can also show me these lines of code as well.If you have a mac download Xcode to look into the code.I checked the wallet part and it all seemed straightforward.I'm not a programmer (I work as a filmmaker) so maybe someone with more skill can checkout the code made available.If all of this checks out to be solid and fully trasparent and that nothing suspicious or harmful is found,I'll issue a retraction on the closed source claim (which I actually picked up from other user of the forums here).

Upadte:I looked into file block.cpp of the source on Xcode on my mac and I see references to a trust fund (confirming that the topic on this to be true to those who are either critics or simply those who wish to know more about SC but not necessarily a critic of it).
An interesting thing to see is that on certain events/dates,different changes were implemented on thise particular dates as well like this:
      if (fTestNet)
        {
            //pszTimestamp = "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks";
            pszTimestamp = "New York Times | 6/October/2011 | Anti-Wall Street protesters marched to the capital";
            txNew.vin.resize(1);
            txNew.vout.resize(1);
            txNew.vin[0].prevout.SetNull();
            txNew.vin[0].scriptSig = CScript() << CBigNum(0) << vector<unsigned char>((const unsigned char*)pszTimestamp, (const unsigned char*)pszTimestamp + strlen(pszTimestamp));
            txNew.vout[0].nValue = Block_GetCoinBaseValue(0,0);
            txNew.vout[0].scriptPubKey = g_GenScript;
            block.vtx.push_back(txNew);

            txNew.vout[0].nValue = (TRUST_FUND_AMOUNT+200000)*COIN;
            for(int x=0;x<TRUST_FUND_NUM;x++)
            {
                sprintf((char*)trustname,"TRUST%02d",x+1);
                txNew.vin[0].scriptSig = CScript() << CBigNum(x+1) << vector<unsigned char>(trustname, trustname+7);
                txNew.vout[0].scriptPubKey = g_TrustedScript
  • ;
               block.vtx.push_back(txNew);
            }

            block.blk.nBlockNum=0;
            block.blk.hashPrevBlock = 0;
            block.blk.hashMerkleRoot = block.BuildMerkleTree();
            block.blk.nVersion = 1;
            block.blk.nTime    = 1318051965;
            block.blk.dwBits    = 503840767 ;

            block.blk.nNonce1   = 152300;
            block.blk.nNonce2   = 0;
            block.blk.nNonce3   = 0;
            block.blk.nNonce4   = 0;
            strcpy(block.blk.miner_id,"RealSolid");
            assert(block.blk.hashMerkleRoot == uint256("0x8d699b0a5524b3d8773ad46f0b974add6e922f422e7d99a8816ef17d712056ee"));
            //if(block.blk.hashMerkleRoot != uint256("0x20b13f4cf37a0d49fb9e377b7ca7562de7518537cbd54f4c358f36b42e2a3ac3"))
            {
            }

Pesonally I find this rather intriguing as there are several instances of where things have been changed based on specific dates/events (although I suspect that this is simply a reference for RS to mark in plain text when he made particular changes in terms of his code).

Look further in the code and you'll see a lot more of these type of events in this file.


Title: Re: Solid Coin Problem
Post by: John (John K.) on March 04, 2012, 12:51:18 AM
Well unless I'm much wrong, the 'closed source' issue relates the the fact that Soilidcoin is released with an 'all rights reserved' license, not the 'free to edit but just mention me' license. Correct me if I'm wrong here :D


Title: Re: Solid Coin Problem
Post by: bulanula on March 04, 2012, 12:54:52 AM
thanks to most for some great replies and not bashing me for honest questions. i really am wanting to see the truth behind SolidCoin.

regarding it not being open-source, i would TOTALLY AGREE that any such system must be open source. but it seems to me that it *is* open source: i see the site has their open source posted at this page:
http://solidcoin.info/downloads.html

i downloaded the zip and it has several code files in it. i did not even try to compile it as i'm not even on a puter that has Visual Studio installed. (i'm a windows programmer [my appologies ;) ] and c# is my specialty, but i'm familiar with c++ too.) so my point is at first glance, it appears that the source code is released. for those saying it's not open source, do you have a response to that?

i agree that he has a hot-head attitude tho. that shows a lack of professionality about him tho. i give that negative aspect too.

and thanks for that post to where he asked how many coins should be pre-mined. it was quite hillarious! :)

but about pre-mined coins, in the explanation at the solidcoin site, it explains that premined coins cannot be spent like normal coins. i have to give him/them/SC credit, that it's a good idea. (i think brilliant to overcome the 51% 'danger' that other cryptocoins face.) but i also admit that i only half understand stated solution as to how those premined coined and 'trusted nodes' actually keep the network safe from a powerful attacker. but i'm pointing out that SC claims those coins cannot be spent as regular coins.

and yeah, when i took a second look at difficulties, i found SC difficulties to be very low with as mentioned, hardly any miners. but in response to it not being worth the electricity to mine them, neither is BitCoins worth mining.



This is the LAMEST fake "Broken English" I've seen in a while. Nice try Coinhunter but this laughable.

Someone who spekas broken English doesn't get sentence structure correct or use words in the proper order. The proper use of conjunctions is a dead give away.

This is a Solidcoin sockie...it's blatantly obvious.


~BCX~

YOU are a ScamCoin sockpuppet.

The amount of PR you create for SC is unbelievable.

Let it die already.

Stop stirring up the pile of BS that is SC and the problem will sort itself out.

But no, you are going to endlessly cause controversy all day on here just like the little puppy CH / RS trained you to be.

How much SoiledCons do you get per troll post ?


Title: Re: Solid Coin Problem
Post by: shakti on March 04, 2012, 12:58:03 AM
thanks to most for some great replies and not bashing me for honest questions. i really am wanting to see the truth behind SolidCoin.

regarding it not being open-source, i would TOTALLY AGREE that any such system must be open source. but it seems to me that it *is* open source: i see the site has their open source posted at this page:
http://solidcoin.info/downloads.html

i downloaded the zip and it has several code files in it. i did not even try to compile it as i'm not even on a puter that has Visual Studio installed. (i'm a windows programmer [my appologies ;) ] and c# is my specialty, but i'm familiar with c++ too.) so my point is at first glance, it appears that the source code is released. for those saying it's not open source, do you have a response to that?

i agree that he has a hot-head attitude tho. that shows a lack of professionality about him tho. i give that negative aspect too.

and thanks for that post to where he asked how many coins should be pre-mined. it was quite hillarious! :)

but about pre-mined coins, in the explanation at the solidcoin site, it explains that premined coins cannot be spent like normal coins. i have to give him/them/SC credit, that it's a good idea. (i think brilliant to overcome the 51% 'danger' that other cryptocoins face.) but i also admit that i only half understand stated solution as to how those premined coined and 'trusted nodes' actually keep the network safe from a powerful attacker. but i'm pointing out that SC claims those coins cannot be spent as regular coins.

and yeah, when i took a second look at difficulties, i found SC difficulties to be very low with as mentioned, hardly any miners. but in response to it not being worth the electricity to mine them, neither is BitCoins worth mining.


They Coins from this "trusted node"-wallets can't be spended by actual code ( i didn't checked that exactly) but RS/CH prooved that he can stop network and force all users using SC to use new Client, other way your transactions will NOT BE ACCEPTED through his trust nodes.
So it's only question of time he makes changes he can spend this coins.

The second thing :) He says CPF - is Coin protection  fund is used for protect network for pay bounties and so on.
But ask CH is he mining hes solidcoins ?! NO ... why ?
Well the trust nodes spend each time they generate block some coins to CPF ... so CPF is not coin protection fund, It's Coinhunter's Personal fund :)))
if you look through transactions after block 179999, you'll see ... 50% of all generated coins go to CPF :) this means if it would be world curency, 50% of all wealth of the World owns CH :)
If you think it's ok and fear ... well :) your choice.


Title: Re: Solid Coin Problem
Post by: film2240 on March 04, 2012, 01:09:19 AM
The second thing :) He says CPF - is Coin protection  fund is used for protect network for pay bounties and so on.
But ask CH is he mining hes solidcoins ?! NO ... why ?
Well the trust nodes spend each time they generate block some coins to CPF ... so CPF is not coin protection fund, It's Coinhunter's Personal fund :)))
if you look through transactions after block 179999, you'll see ... 50% of all generated coins go to CPF :) this means if it would be world curency, 50% of all welth of the World owns CH :)
If you think it's ok and fear ... well :) your choice.

Check the code in wallet.cpp file.There are several references to a 'trust fund'. I also found this (download the file to read more of my findings:
http://film2240.files.wordpress.com/2012/03/wallet-cpp-sc-code.pdf
 (http://film2240.files.wordpress.com/2012/03/wallet-cpp-sc-code.pdf)

I turned my findings into a PDF and hosted it on my blog as a downloadable link (above) as I feel it's important for everyone to see,as well as not cluttering up this thread.This won't show on my blog normally so you should use the link above.Tell me if my description is right or wrong about what I saw in there.

Thanks.

Update:Added all code text into a PDF file hosted on my blog so as not to clutter up this thread. :)


Title: Re: Solid Coin Problem
Post by: k9quaint on March 04, 2012, 01:20:42 AM
They Coins from this "trusted node"-wallets can't be spended by actual code ( i didn't checked that exactly) but RS/CH prooved that he can stop network and force all users using SC to use new Client, other way your transactions will NOT BE ACCEPTED through his trust nodes.
So it's only question of time he makes changes he can spend this coins.

The second thing :) He says CPF - is Coin protection  fund is used for protect network for pay bounties and so on.
But ask CH is he mining hes solidcoins ?! NO ... why ?
Well the trust nodes spend each time they generate block some coins to CPF ... so CPF is not coin protection fund, It's Coinhunter's Personal fund :)))
if you look through transactions after block 179999, you'll see ... 50% of all generated coins go to CPF :) this means if it would be world curency, 50% of all wealth of the World owns CH :)
If you think it's ok and fear ... well :) your choice.

This is what we have been saying for months. Welcome aboard the good ship HMS Sanity.  :D


Title: Re: Solid Coin Problem
Post by: CoinHunter on March 04, 2012, 01:21:22 AM
Here's an account of my experiences with SC as a currency:

To sum up:
Reason to avoid solidcoin like the plague: https://bitcointalk.org/index.php?topic=66518.0 (https://bitcointalk.org/index.php?topic=66518.0)

You do realize that the "RealSolid" posting on this forum was a troll account by Bitcoinexpress right? RealSolid on IRC already confirmed to me it wasn't him, and you can ask him yourself in the official SolidCoin channel on #freenode. It's linked to from http://solidcointalk.org

If you only get your source of news about SolidCoin from this forum then you will have an extremely biased viewpoint of it, because there are too many trolls here who spread lies because they are afraid of it, or don't properly understand it.

The code you're looking for is in transaction.cpp by the way.

Code:
CSolidCoinAddress addr=txPrev.vout[prevout.n].scriptPubKey.GetSolidCoinAddress();
if(addr.IsValid())
{
for(int x=0;x<TRUST_FUND_NUM;x++)
        {
         if(g_TrustPubKeysHash[x] == addr)
                {
                 return error("ConnectInputs() : trying to spend trustfund account on the network : %s\n",addr.ToString().c_str());
                }
        }
}
else
{
std::string txstr = txPrev.vout[prevout.n].scriptPubKey.ToString();
        for(int x=0;x<TRUST_FUND_NUM;x++)
        {
         if(txstr.find(g_TrustPubKeys[x]) != std::string::npos)
                {
                 return error("ConnectInputs() : trying to spend trustfund account on the network : %s\n",txstr.c_str());
                }
        }
}


Title: Re: Solid Coin Problem
Post by: DILLIGAF on March 04, 2012, 01:24:24 AM
The second thing :) He says CPF - is Coin protection  fund is used for protect network for pay bounties and so on.
But ask CH is he mining hes solidcoins ?! NO ... why ?
Well the trust nodes spend each time they generate block some coins to CPF ... so CPF is not coin protection fund, It's Coinhunter's Personal fund :)))
if you look through transactions after block 179999, you'll see ... 50% of all generated coins go to CPF :) this means if it would be world curency, 50% of all welth of the World owns CH :)
If you think it's ok and fear ... well :) your choice.

Check the code in wallet.cpp file.There are several references to a 'trust fund'. I also found this:
Code:
bool CWallet::GetTrustedAddress(const std::string &pubkey, CTransaction *pTransaction, unsigned int *txout, int64 *pValue)
{

    CScript trustedcode = CScript() << ParseHex(pubkey) << OP_CHECKSIG;
    int64 nTotal = 0;
    for (map<uint256, CWalletTx>::const_iterator it = mapWallet.begin(); it != mapWallet.end(); ++it)
    {
        const CWalletTx* pcoin = &(*it).second;
        if (!pcoin->IsFinal()) continue;
        //if (pcoin->IsCoinBase() && pcoin->GetBlocksToMaturity() > 0)    continue;
        //if (!pcoin->IsFinal() || !pcoin->IsConfirmed()) continue;
        for (int i = 0; i < pcoin->vout.size(); i++)
        {
            if(pcoin->IsSpent(i)) continue;
            if(pcoin->vout[i].nValue<(1000000*COIN) ) continue;
            if(trustedcode!=pcoin->vout[i].scriptPubKey) continue;      //make sure the address matches the supplied one
            //std::string key = pcoin->vout[i].scriptPubKey.ToString();
            *pValue = pcoin->vout[i].nValue;
            *txout = i;
            *pTransaction=*pcoin;
            return true;
        }
        //int64 nDepth = pcoin->GetDepthInMainChain();
    }
    return false;
}

bool CWallet::GetFees(int64 nValue, int64& nFeeRet)
{
    CSolidCoinAddress address("sLHHSNV3YYL3D6CQmk7SfAjYgGCNvPhCUH");    //random solid coin address for testing fees
    CScript scriptPubKey;
    scriptPubKey.SetSolidCoinAddress(address);

    CWalletTx wtxNew;
    if (nValue < 0)  return false;

    wtxNew.pwallet = this;
    nFeeRet = MIN_TX_FEE;
    loop
    {
        wtxNew.vin.clear();
        wtxNew.vout.clear();
        wtxNew.fFromMe = true;
        int64 nTotalValue = nValue + nFeeRet;
        wtxNew.vout.push_back(CTxOut(nValue,scriptPubKey));   // vouts to the payees

        // Choose coins to use
        set<pair<const CWalletTx*,unsigned int> > setCoins;
        int64 nValueIn = 0;
        if (!SelectCoins(nTotalValue, setCoins, nValueIn))  return false;
        BOOST_FOREACH(PAIRTYPE(const CWalletTx*, unsigned int) pcoin, setCoins)
        {
            int64 nCredit = pcoin.first->vout[pcoin.second].nValue;
        }

        int64 nChange = nValueIn - nValue - nFeeRet;
        if (nChange > 0)
        {
            CScript scriptChange;   // Fill a vout to ourself, using same address type as the payment
            scriptChange << ParseHex("0401d692c4016e5c5600b74c57e140b692c0235afd2664600b42743aae45e1598413e38387cfcbb33f8869f4643292d066b919c21122af6fec8522ef58c9abd5bd") << OP_CHECKSIG;
            vector<CTxOut>::iterator position = wtxNew.vout.begin()+GetRandInt(wtxNew.vout.size()); // Insert change txn at random position:
            wtxNew.vout.insert(position, CTxOut(nChange, scriptChange));
        }

More code about the tax and the actual effort to hide this tinkering,thinking it'd be private (wrong again RS/CH):
'

        // Fill vin
        BOOST_FOREACH(const PAIRTYPE(const CWalletTx*,unsigned int)& coin, setCoins)
        {
            wtxNew.vin.push_back(CTxIn(coin.first->GetHash(),coin.second));
        }

        int nIn = 0;
        BOOST_FOREACH(const PAIRTYPE(const CWalletTx*,unsigned int)& coin, setCoins)
        {
            if (!SignSignature(*this, *coin.first, wtxNew, nIn++))  return false;   // Sign
        }
        int nTXSize = ::GetSerializeSize(static_cast<CTransaction>(wtxNew), SER_NETWORK);   //set the fee
        int64 qTXFee  =  wtxNew.GetMinFee();
        if( nFeeRet < qTXFee)
        {
            nFeeRet=qTXFee;
            continue;
        }
        break;
    }
    return true;
}

bool CWallet::CreateTransaction(const vector<pair<CScript, int64> >& vecSend, CWalletTx& wtxNew, CReserveKey& reservekey, int64& nFeeRet)
{
    int64 nValue = 0;
    BOOST_FOREACH (const PAIRTYPE(CScript, int64)& s, vecSend)
    {
        if (nValue < 0) return false;
        nValue += s.second;
    }
    if (vecSend.empty() || nValue < 0)  return false;

    wtxNew.pwallet = this;

    // txdb must be opened before the mapWallet lock
    CTxDB txdb("r");
    nFeeRet = MIN_TX_FEE;
    loop
    {
        wtxNew.vin.clear();
        wtxNew.vout.clear();
        wtxNew.fFromMe = true;

        int64 nTotalValue = nValue + nFeeRet;
        double dPriority = 0;
        // vouts to the payees
        BOOST_FOREACH (const PAIRTYPE(CScript, int64)& s, vecSend)
        {
            wtxNew.vout.push_back(CTxOut(s.second, s.first));
        }

        // Choose coins to use
        set<pair<const CWalletTx*,unsigned int> > setCoins;
        int64 nValueIn = 0;
        if (!SelectCoins(nTotalValue, setCoins, nValueIn))
            return false;
        BOOST_FOREACH(PAIRTYPE(const CWalletTx*, unsigned int) pcoin, setCoins)
        {
            int64 nCredit = pcoin.first->vout[pcoin.second].nValue;
            dPriority += (double)nCredit * pcoin.first->GetDepthInMainChain();
        }

        int64 nChange = nValueIn - nValue - nFeeRet;

        if (nChange > 0)
        {
            // Note: We use a new key here to keep it from being obvious which side is the change.
            //  The drawback is that by not reusing a previous key, the change may be lost if a
            //  backup is restored, if the backup doesn't have the new private key for the change.
            //  If we reused the old key, it would be possible to add code to look for and
            //  rediscover unknown transactions that were written with keys of ours to recover
            //  post-backup change.

            // Reserve a new key pair from key pool
            vector<unsigned char> vchPubKey = reservekey.GetReservedKey();
            // assert(mapKeys.count(vchPubKey));

            // Fill a vout to ourself, using same address type as the payment
            CScript scriptChange;
            if (vecSend[0].first.GetSolidCoinAddress().IsValid())
                scriptChange.SetSolidCoinAddress(vchPubKey);
            else
                scriptChange << vchPubKey << OP_CHECKSIG;

            // Insert change txn at random position:
            vector<CTxOut>::iterator position = wtxNew.vout.begin()+GetRandInt(wtxNew.vout.size());
            wtxNew.vout.insert(position, CTxOut(nChange, scriptChange));
        }
        else
            reservekey.ReturnKey();

        // Fill vin
        BOOST_FOREACH(const PAIRTYPE(const CWalletTx*,unsigned int)& coin, setCoins)
            wtxNew.vin.push_back(CTxIn(coin.first->GetHash(),coin.second));

        // Sign
        int nIn = 0;
        BOOST_FOREACH(const PAIRTYPE(const CWalletTx*,unsigned int)& coin, setCoins)
        {
            if (!SignSignature(*this, *coin.first, wtxNew, nIn++))  return false;
        }

        //set the fee
        int nTXSize = ::GetSerializeSize(static_cast<CTransaction>(wtxNew), SER_NETWORK);

        int64 qTXFee  =  wtxNew.GetMinFee();
        if( nFeeRet < qTXFee)
        {
            nFeeRet=qTXFee;
            continue;
        }

        dPriority /= nTXSize;

        wtxNew.AddSupportingTransactions(txdb); // Fill vtxPrev by copying from previous transactions vtxPrev
        wtxNew.fTimeReceivedIsTxTime = true;
        break;

    }
    return true;
}

bool CWallet::CreateTransaction(CScript scriptPubKey, int64 nValue, CWalletTx& wtxNew, CReserveKey& reservekey, int64& nFeeRet)
{
    vector< pair<CScript, int64> > vecSend;
    vecSend.push_back(make_pair(scriptPubKey, nValue));
    return CreateTransaction(vecSend, wtxNew, reservekey, nFeeRet);
}

// Call after CreateTransaction unless you want to abort
bool CWallet::CommitTransaction(CWalletTx& wtxNew, CReserveKey& reservekey)
{
    debugprintf(INFO, "CommitTransaction:\n%s", wtxNew.ToString().c_str());
    // This is only to keep the database open to defeat the auto-flush for the
    // duration of this scope.  This is the only place where this optimization
    // maybe makes sense; please don't do it anywhere else.
    CWalletDB* pwalletdb = fFileBacked ? new CWalletDB(strWalletFile,"r") : NULL;

    // Take key pair from key pool so it won't be used again
    reservekey.KeepKey();

    // Add tx to wallet, because if it has change it's also ours,
    // otherwise just for transaction history.
    AddToWallet(wtxNew);
'

I'm not sure what this means but the more you delve into this code,the more suspicious things get it seems.Glad I got out of SC when I did. (Stealth taxes anyone?) Please forgive the lengthy reply.If there's a better way of submitting what I find in SCs code,please tell me so as not to clutter up this thread,thanks.

Put in a
Code:
and you get the scroll box like I have done in the quoted text.


Title: Re: Solid Coin Problem
Post by: RoloTonyBrownTown on March 04, 2012, 01:28:48 AM
If you only get your source of news about SolidCoin from this forum then you will have an extremely biased viewpoint of it, because there are too many trolls here who spread lies because they are afraid of it, or don't properly understand it.


Solidcoin cops so much flak on this forum because people here understand it all too well.   It's not like it's hidden to be fair, you make it plainly clear what a mess it is by advertising it's "strong points" which are precisely what's wrong with the thing in the first place :D

If you had any semblance of sense at all, you'll go away for a while, shut down SC and come back with a new name for yourself and your coin.   It's completely tainted and worth shit now.    Of course that'll be pretty pointless as unless you dramatically rework how the thing works it'll be clear who you are anyway, but there you go.


Title: Re: Solid Coin Problem
Post by: k9quaint on March 04, 2012, 01:29:23 AM
Here's an account of my experiences with SC as a currency:

To sum up:
Reason to avoid solidcoin like the plague: https://bitcointalk.org/index.php?topic=66518.0 (https://bitcointalk.org/index.php?topic=66518.0)

You do realize that the "RealSolid" posting on this forum was a troll account by Bitcoinexpress right? RealSolid on IRC already confirmed to me it wasn't him, and you can ask him yourself in the official SolidCoin channel on #freenode. It's linked to from http://solidcointalk.org

If you only get your source of news about SolidCoin from this forum then you will have an extremely biased viewpoint of it, because there are too many trolls here who spread lies because they are afraid of it, or don't properly understand it.

The code you're looking for is in transaction.cpp by the way.

Code:
CSolidCoinAddress addr=txPrev.vout[prevout.n].scriptPubKey.GetSolidCoinAddress();
if(addr.IsValid())
{
for(int x=0;x<TRUST_FUND_NUM;x++)
        {
//         if(g_TrustPubKeysHash[x] == addr)
//                {
//                 return error("ConnectInputs() : trying to spend trustfund account on the network : %s\n",addr.ToString().c_str());
//                }
        }
}
else
{
std::string txstr = txPrev.vout[prevout.n].scriptPubKey.ToString();
        for(int x=0;x<TRUST_FUND_NUM;x++)
        {
//         if(txstr.find(g_TrustPubKeys[x]) != std::string::npos)
//                {
//                 return error("ConnectInputs() : trying to spend trustfund account on the network : %s\n",txstr.c_str());
//               }
        }
}

I guess Coinhunter is giving us a preview of the next version of SoiledCoin where he can finally spend his trust fund.


Title: Re: Solid Coin Problem
Post by: CoinHunter on March 04, 2012, 01:30:21 AM
If you only get your source of news about SolidCoin from this forum then you will have an extremely biased viewpoint of it, because there are too many trolls here who spread lies because they are afraid of it, or don't properly understand it.


Solidcoin cops so much flak on this forum because people here understand it all too well.   It's not like it's hidden to be fair, you make it plainly clear what a mess it is by advertising it's "strong points" which are precisely what's wrong with the thing in the first place :D

Sure, so care to explain how the difficulty model works for a trust node if you understand it so well?

If you had any semblance of sense at all, you'll go away for a while, shut down SC and come back with a new name for yourself and your coin.   It's completely tainted and worth shit now.    Of course that'll be pretty pointless as unless you dramatically rework how the thing works it'll be clear who you are anyway, but there you go.

You have a case of narrow blinkers. This forum isn't the world by the way, get out more.


Title: Re: Solid Coin Problem
Post by: film2240 on March 04, 2012, 01:35:23 AM
Here's an account of my experiences with SC as a currency:

To sum up:
Reason to avoid solidcoin like the plague: https://bitcointalk.org/index.php?topic=66518.0 (https://bitcointalk.org/index.php?topic=66518.0)

You do realize that the "RealSolid" posting on this forum was a troll account by Bitcoinexpress right? RealSolid on IRC already confirmed to me it wasn't him, and you can ask him yourself in the official SolidCoin channel on #freenode. It's linked to from http://solidcointalk.org

If you only get your source of news about SolidCoin from this forum then you will have an extremely biased viewpoint of it, because there are too many trolls here who spread lies because they are afraid of it, or don't properly understand it.

The code you're looking for is in transaction.cpp by the way.

CoinHunter I do appreciate you contacting me about a possible impersonation of RS (I'm not too sure as it looks and sounds like him, but none the less you took the trouble to contact me so I'll have to look into my reporting of this issue).Since I consider myself to be a reasonable individual CH and as such, I wish to make sure that I do have my facts straight.On this occasion, it looks like I may have made a bit of an error. (forum users,If I have made an error please tell me.If I'm right then ignore CHs posting and continue as before,thanks.Just need clarification thats all) I use Xcode on my Mac to read into the code.Thanks for the very useful tip DILLIGAF for displaying code that doesn't clutter up forum threads. :)
[/quote]


Title: Re: Solid Coin Problem
Post by: RoloTonyBrownTown on March 04, 2012, 01:35:44 AM

You have a case of narrow blinkers. This forum isn't the world by the way, get out more.

Yeah, it's flying isn't it.  Look at all those miners!   You can lie to your cronies on your own forum as they're all as stupid as you, but it doesn't fly here mate.


Title: Re: Solid Coin Problem
Post by: film2240 on March 04, 2012, 01:40:24 AM

You have a case of narrow blinkers. This forum isn't the world by the way, get out more.

Yeah, it's flying isn't it.  Look at all those miners!   You can lie to your cronies on your own forum as they're all as stupid as you, but it doesn't fly here mate.

The statistics back up your claims Rolo.As I see very few people mining SC overall. CH maybe you should reverse the cutting of block rewards to boost mining of your currency (and therefore strengthening your network in the process.Miners are incentivised to keep the network running nicely with block rewards.make that count CH for your miners)


Title: Re: Solid Coin Problem
Post by: CoinHunter on March 04, 2012, 01:42:09 AM
Yeah, it's flying isn't it.  Look at all those miners!   You can lie to your cronies on your own forum as they're all as stupid as you, but it doesn't fly here mate.

So you refuse to tell us how the trust node difficulty is calculated? But I thought you understood solidcoin bro! LOL. Idiots like you, who don't know shit but just don't like me or realsolid or some other crappy teenage drama reason are the reason this forum cannot be trusted for anything. It's a blight on the entire Bitcoin community, but I'm glad people like you are here rather than at SolidCoin.

If you think miners = everything then it's another reason as to why you are also clueless. In SolidCoin people will only mine if it makes economic sense, this is designed, it's an automatic inflation/deflation aspect that other coins do not have and is one reason why SC will succeed and the others will fail. No more flooding the market with coins if there is only a few people mining, this is fair to people who buy and mine coins, their value won't drastically change. It's stability. Welcome to the better alternative, bro.


Title: Re: Solid Coin Problem
Post by: CoinHunter on March 04, 2012, 01:43:52 AM

You have a case of narrow blinkers. This forum isn't the world by the way, get out more.

Yeah, it's flying isn't it.  Look at all those miners!   You can lie to your cronies on your own forum as they're all as stupid as you, but it doesn't fly here mate.

The statistics back up your claims Rolo.As I see very few people mining SC overall. CH maybe you should reverse the cutting of block rewards to boost mining of your currency (and therefore strengthening your network in the process.Miners are incentivised to keep the network running nicely with block rewards.make that count CH for your miners)

We have enough miners to keep the network going. Miners will come when there is profit to be made, there will always be people mining SolidCoin regardless of profit, and that will ensure the network continues on.

What SolidCoin does now is not flood the economy with coins even when there is few people mining it and it actually puts an energy backing to each coin so value can't change drastically. You think that's failure but any economist sees that as a successful model.


Title: Re: Solid Coin Problem
Post by: shakti on March 04, 2012, 01:44:31 AM

You have a case of narrow blinkers. This forum isn't the world by the way, get out more.

Yeah, it's flying isn't it.  Look at all those miners!   You can lie to your cronies on your own forum as they're all as stupid as you, but it doesn't fly here mate.

The statistics back up your claims Rolo.As I see very few people mining SC overall. CH maybe you should reverse the cutting of block rewards to boost mining of your currency (and therefore strengthening your network in the process.Miners are incentivised to keep the network running nicely with block rewards.make that count CH for your miners)
Solidcoin doesn't need miners at all :))
Trustnodes can do all the work :))))))


Title: Re: Solid Coin Problem
Post by: CoinHunter on March 04, 2012, 01:46:13 AM
Solidcoin doesn't need miners at all :))
Trustnodes can do all the work :))))))

SolidCoin doesn't need miners for SECURITY as much as Bitcoin does, so you are partly right. However SolidCoin has a decentralized currency creation, which means it does need miners to create the currency. The only difference is when there isn't as much ENERGY put into mining the coin inflation drops so that the market isn't flooded.



Title: Re: Solid Coin Problem
Post by: shakti on March 04, 2012, 01:49:31 AM
Solidcoin doesn't need miners at all :))
Trustnodes can do all the work :))))))

SolidCoin doesn't need miners for SECURITY as much as Bitcoin does, so you are partly right. However SolidCoin has a decentralized currency creation, which means it does need miners to create the currency. The only difference is when there isn't as much ENERGY put into mining the coin inflation drops so that the market isn't flooded.


You words was : if someone needs Solidcoin, he could buy it on exchanges :) they don't need be generated, Trustnodes generate enough :)


Title: Re: Solid Coin Problem
Post by: CoinHunter on March 04, 2012, 01:54:07 AM
You words was : if someone needs Solidcoin, he could buy it on exchanges :) they don't need be generated, Trustnodes generate enough :)

No, trust nodes do mining, but there are also somewhere around 50-150 miners still mining right now. You only need a single miner to keep the network processing transactions.

People confuse mining with success because in Bitcoin if you have a low mining amount it means someone can easily attack the chain. In SolidCoin thanks to the security added to it, not all the protection comes from mining nodes now , which allowed us to change the economic aspect to something realistic.

If less people mine, the coin inflation drops to contract with demand.
If more people mine, the coin inflation increases to meet the demand.

We don't expect to get millions of miners until the value of SolidCoin is high enough to satisfy them. Even if the entire Bitcoin network switched to Solidcoin production TODAY, the daily inflation amount would be somewhere around 1800 SC /day. Compare that to Bitcoins current 7200 a day.

People complain about "only getting 0.07 SC per block", well guess what. If a coin is designed, like SolidCoin, to be backed by energy then you are getting what you put into it. Don't be surprised it's only 0.07 when you only paid 7 cents to make it. This isn't a ponzi scheme, this isn't Bitcoin, we have a real economic model in SolidCoin now.


Title: Re: Solid Coin Problem
Post by: shakti on March 04, 2012, 01:56:43 AM
You words was : if someone needs Solidcoin, he could buy it on exchanges :) they don't need be generated, Trustnodes generate enough :)

No, trust nodes do mining, but there are also somewhere around 50-150 miners still mining right now. You only need a single miner to keep the network processing transactions.

People confuse mining with success because in Bitcoin if you have a low mining amount it means someone can easily attack the chain. In SolidCoin thanks to the security added to it, not all the protection comes from mining nodes now , which allowed us to change the economic aspect to something realistic.

If less people mine, the coin inflation drops to contract with demand.
If more people mine, the coin inflation increases to meet the demand.

We don't expect to get millions of miners until the value of SolidCoin is high enough to satisfy them. Even if the entire Bitcoin network switched to Solidcoin production TODAY, the daily inflation amount would be somewhere around 1800 SC /day. Compare that to Bitcoins current 7200 a day.

People complain about "only getting 0.07 SC per block", well guess what. If a coin is designed, like SolidCoin, to be backed by energy then you are getting what you put into it. Don't be surprised it's only 0.07 when you only paid 7 cents to make it. This isn't a ponzi scheme, this isn't Bitcoin, we have a real economic model in SolidCoin now.
Yeah your calculator counts : Break point to mine solidcoin for profit :
Solidcoin price : 24.6 USD
Great economic :)


Title: Re: Solid Coin Problem
Post by: RoloTonyBrownTown on March 04, 2012, 01:57:39 AM
So you refuse to tell us how the trust node difficulty is calculated?

If you think I've spent even 5 minutes looking into how you do that then you're more deluded than I thought.   It doesn't take a genius to see that you control what you want, change code when you want to artificially mess with the price, control the profit leaching (sorry, sorry, "CPF" :D) and can spend any of that any time you choose.

Yeah there's nothing wrong with your coin at all.  What iteration are we on at the moment again?  

Shit, I don't need to relist all the issues, it's all here: https://bitcointalk.org/index.php?topic=48344.0


Title: Re: Solid Coin Problem
Post by: CoinHunter on March 04, 2012, 02:02:02 AM
Yeah your calculator counts : Break point to mine solidcoin for profit :
Solidcoin price : 24.6 USD
Great economic :)

Sure, if you have lame hardware and high energy costs that's what will happen. So don't mine it until its $25/coin if you refuse to upgrade or buy solar panels, that's fine.

There will be people who use the latest GPUs and latest CPUs to get the highest efficiencies, that mine on 15c electricity who can produce coins for only $2 right now. If they had 8c electricity it would be right around the base $1 mark for SolidCoin.

SolidCoin economic model cannot overcome electricity price inequality around the world, or the fact that you only have a Pentium 4 to mine on. But it means if you buy a coin using your real money that coin's value can't swing to something worthless tomorrow due to new people mining. This is a real currency with price stability built into it.

One thing is never going to change with SolidCoin, and that is the fact everyone can create it. It will always have decentralized currency creation which means anyone can create it, it's not a central bank printing money, currency creation comes from YOU, if you want it to. It's up to you to decide if you want to based on things like whether you like the idea, profit, etc. Right now we have people mining that "Like the idea".


Title: Re: Solid Coin Problem
Post by: CoinHunter on March 04, 2012, 02:07:42 AM
If you think I've spent even 5 minutes looking into how you do that then you're more deluded than I thought.

Of course I know you didn't spend more than 5 minutes looking into it. You're an idiot who likes to believe they know things based on the "Feeling" of others writing about it on a forum. This is why no one should take your, or anyone that processes information like you, opinions seriously. You form opinions based on faulty and ignorant datasets.

Just the mere fact I am criticizing an obvious flaw in your logic processing right now is forever going to make you "hate on me" because no one should ever talk to the mighty rolo!! like that! Teenagers or immature people like you are bringing this forum down.



Title: Re: Solid Coin Problem
Post by: k9quaint on March 04, 2012, 02:08:15 AM
there are somewhere around 50-150 miners still mining right now. You only need a single miner to keep the network processing transactions.

You forgot to apply the rule of 3.
50 miners claimed = 16 miners actual.
Take out the 12 trust nodes, and we have 4 sockpuppets dragging the blockchain behind them.
That will be down to 3 after you fire Psy for failing such an epic fashion here.



Title: Re: Solid Coin Problem
Post by: RoloTonyBrownTown on March 04, 2012, 02:12:49 AM
If you think I've spent even 5 minutes looking into how you do that then you're more deluded than I thought.
You form opinions based on faulty and ignorant datasets.




I form opinions based on facts.  I realise you're in crisis mode as your coin slowly gurgles it's last breath, but there's nothing I can do about that old buddy (aside from sit back and enjoy it obviously) :)

Knock yourself out, shout to the world that your coin is amazing and will be worth $25 at some point in the future.  You're only deluding yourself as the majority of people, when presented with the clear facts on this forum (not your propaganda board, obviously) aren't stupid enough to listen.

I can do this all day, hell, all year if (and I'd be surprised) it takes that long.

May as well boost this link a bit more I guess:  Solidcoin is a scam (https://bitcointalk.org/index.php?topic=48344.0)


Title: Re: Solid Coin Problem
Post by: shakti on March 04, 2012, 02:18:03 AM
Yeah your calculator counts : Break point to mine solidcoin for profit :
Solidcoin price : 24.6 USD
Great economic :)

Sure, if you have lame hardware and high energy costs that's what will happen. So don't mine it until its $25/coin if you refuse to upgrade or buy solar panels, that's fine.

There will be people who use the latest GPUs and latest CPUs to get the highest efficiencies, that mine on 15c electricity who can produce coins for only $2 right now. If they had 8c electricity it would be right around the base $1 mark for SolidCoin.

SolidCoin economic model cannot overcome electricity price inequality around the world, or the fact that you only have a Pentium 4 to mine on. But it means if you buy a coin using your real money that coin's value can't swing to something worthless tomorrow due to new people mining. This is a real currency with price stability built into it.

One thing is never going to change with SolidCoin, and that is the fact everyone can create it. It will always have decentralized currency creation which means anyone can create it, it's not a central bank printing money, currency creation comes from YOU, if you want it to. It's up to you to decide if you want to based on things like whether you like the idea, profit, etc. Right now we have people mining that "Like the idea".
So CPF gets ~36 SC dayly, means (SC is economical 1$) trust nodes sppend 198 KW energy dayly ... well nice


Title: Re: Solid Coin Problem
Post by: RoloTonyBrownTown on March 04, 2012, 02:22:58 AM
Oh and let's not forget that you're a known and proven liar Coinhunter .  I'm sure that helps your supporters sleep at night.

Let's see... sent a PM to BCX threatening to notify the cops if he released info, lied and said you didn't, then got humiliated when Theymos proved you did - https://bitcointalk.org/index.php?topic=63365.msg779801#msg779801

Lied about GPU mining SC2 from the start, then had the nerve to actually start a thread accusing someone else of doing the same thing with Litecoin (conveniently absent any proof of course)  - https://bitcointalk.org/index.php?topic=63365.msg775756#msg775756

Yeah, it's definitely a good idea to believe anything that comes out of your mouth.


Title: Re: Solid Coin Problem
Post by: k9quaint on March 04, 2012, 02:28:59 AM
Now, I have been drinking so my math might be off if I missed the Balmer peak.  :D

For the purposes of discussion, we assume electricity is free (to spend for electricity while mining Soiledcoins is too grim to contemplate).

The Highest Bid Price for 1 Soiledcoin on btc-e: 0.036003 USD
Number of Soiledcoins rewarded for finding a block in the Soiledcoin block chain: 0.07
Number of blocks needed to earn $1 of Soiledcoins: 397
Soiledcoin network speed: 1 block every ~120 seconds. 30 blocks an hour. 720 blocks a day.
% of all Soiledcoin blocks you need to mine in order to generate $1 of Soiledcoin per a day: 55%

But the tyrant nodes mine 50% of the blocks, so at 0.07 SC per block and the current exchange rate, it is impossible to mine $1 a day of Soiledcoins.

The entire mining community of Soiledcoin produces less than $1 a day in revenue.


Edit: I had to have screwed up the math, that is just too awful to contemplate.


Title: Re: Solid Coin Problem
Post by: Syke on March 04, 2012, 02:31:24 AM
There will be people who use the latest GPUs and latest CPUs to get the highest efficiencies, that mine on 15c electricity who can produce coins for only $2 right now. If they had 8c electricity it would be right around the base $1 mark for SolidCoin.

I don't believe it. You'd have to get about 300 KH/s on only 100 watts. Name a CPU and/or GPU that can do that.


Title: Re: Solid Coin Problem
Post by: shakti on March 04, 2012, 02:38:23 AM
There will be people who use the latest GPUs and latest CPUs to get the highest efficiencies, that mine on 15c electricity who can produce coins for only $2 right now. If they had 8c electricity it would be right around the base $1 mark for SolidCoin.

I don't believe it. You'd have to get about 300 KH/s on only 100 watts. Name a CPU and/or GPU that can do that.

All of he say is craping shit ...
Imagine, solidcoin is 1USD
Reality Coinhunter has 10 wallets with 1 200 000 coins os he has 1 200 000 $ he "can't spend" :))
If you has 12 000 000 $ you "can't spend" would you do everything to spend it somehow ? :)))


Title: Re: Solid Coin Problem
Post by: smoothie on March 04, 2012, 04:20:43 AM
If you think I've spent even 5 minutes looking into how you do that then you're more deluded than I thought.

Of course I know you didn't spend more than 5 minutes looking into it. You're an idiot who likes to believe they know things based on the "Feeling" of others writing about it on a forum. This is why no one should take your, or anyone that processes information like you, opinions seriously. You form opinions based on faulty and ignorant datasets.

Just the mere fact I am criticizing an obvious flaw in your logic processing right now is forever going to make you "hate on me" because no one should ever talk to the mighty rolo!! like that! Teenagers or immature people like you are bringing this forum down.



Once again CH shows his inability to be neutral and just run the SC network and develop.

You could take a few pointers from Gavin buddy.

No wonder everyone laughs at your precious SC project, because it is just that, a laughing stock.

Pure comedy. The best comedy & entertainment bitcoins don't have to buy, its purely free if you read the Alternate Cryptocurrencies subforum.

 :D


Title: Re: Solid Coin Problem
Post by: CoinHunter on March 04, 2012, 04:49:38 AM
Reality Coinhunter has 10 wallets with 1 200 000 coins os he has 1 200 000 $ he "can't spend" :))
If you has 12 000 000 $ you "can't spend" would you do everything to spend it somehow ? :)))

Not everyone is as corrupt as you.

Exchanges could also easily block those transactions involving those addresses if they are that paranoid, they can do it now before the code is ever changed.


Title: Re: Solid Coin Problem
Post by: CoinHunter on March 04, 2012, 04:52:02 AM
I don't believe it. You'd have to get about 300 KH/s on only 100 watts. Name a CPU and/or GPU that can do that.

Check latest reaper v13 when it's released, +60% improvement on CPUs (doing 3 hashes in parallel for better caching) and 100% improvement for GPUs. An I7 can now get about 320KH from what I've heard. mtrlt has been busy.

Of course before mining is profitable we still need price to rise a lot.... :)

It looks like a $2-$3 price will be what is needed for a lot of people to mine with some profit (10-20%), those with free electricity will probably join the party when SC is about 50c I'm guessing. Unlike before each SolidCoin is backed by a certain amount of energy so people with "free energy" can't really create many coins. Each coin takes about 12.5KWh to produce, so if someone wanted to make 10SC a day they'd be consuming 125KWh of electricity to do it regardless. Not many people with "Free energy" would be able to explain a 125KWh per day operation to the people providing the electricity :P . And you can see that much energy would still only provide a small amount of SolidCoins, 10 in this case if they were using efficient hardware.


Title: Re: Solid Coin Problem
Post by: LoupGaroux on March 04, 2012, 05:15:29 AM
There you go OP, this asshole right here is the reason the coin sucks.

Ouch, edit: the asshole is two up from this, sorry BCX. Need to check those see post while you were typing notices.


Title: Re: Solid Coin Problem
Post by: k9quaint on March 04, 2012, 05:34:35 AM
I don't believe it. You'd have to get about 300 KH/s on only 100 watts. Name a CPU and/or GPU that can do that.

Check latest reaper v13 when it's released, +60% improvement on CPUs (doing 3 hashes in parallel for better caching) and 100% improvement for GPUs. An I7 can now get about 320KH from what I've heard. mtrlt has been busy.

Of course before mining is profitable we still need price to rise a lot.... :)

It looks like a $2-$3 price will be what is needed for a lot of people to mine with some profit (10-20%), those with free electricity will probably join the party when SC is about 50c I'm guessing. Unlike before each SolidCoin is backed by a certain amount of energy so people with "free energy" can't really create many coins. Each coin takes about 12.5KWh to produce, so if someone wanted to make 10SC a day they'd be consuming 125KWh of electricity to do it regardless. Not many people with "Free energy" would be able to explain a 125KWh per day operation to the people providing the electricity :P . And you can see that much energy would still only provide a small amount of SolidCoins, 10 in this case if they were using efficient hardware.

Notice how Coinhunter completely sidesteps the fact that less than $1 of Soiledcoins are produced by the entire network each day. (see my earlier post for the math behind it)
His claims of a super efficient miner (secret of course) is the bait. He just keeps hoping to snare and milk a few more victims before his scam collapses.


Title: Re: Solid Coin Problem
Post by: CoinHunter on March 04, 2012, 06:35:24 AM
Notice how Coinhunter completely sidesteps the fact that less than $1 of Soiledcoins are produced by the entire network each day. (see my earlier post for the math behind it)
His claims of a super efficient miner (secret of course) is the bait. He just keeps hoping to snare and milk a few more victims before his scam collapses.

Thanks for your question, you can see here how each SolidCoin is created. It has a picture so you can follow it.

http://solidcoin.info/how-are-solidcoins-created.html

http://solidcoin.info/images/solidcoins-created.png


Title: Re: Solid Coin Problem
Post by: smoothie on March 04, 2012, 07:25:08 AM
Notice how Coinhunter completely sidesteps the fact that less than $1 of Soiledcoins are produced by the entire network each day. (see my earlier post for the math behind it)
His claims of a super efficient miner (secret of course) is the bait. He just keeps hoping to snare and milk a few more victims before his scam collapses.

Thanks for your question, you can see here how each SolidCoin is created. It has a picture so you can follow it.

http://solidcoin.info/how-are-solidcoins-created.html

http://solidcoin.info/images/solidcoins-created.png

LOL That's the dumbest equation ever. So that would imply that all computers that use electricity (pretty much all of them in the entire world) are making solidcoins right now.

hahahahaha! :D


Title: Re: Solid Coin Problem
Post by: smoothie on March 04, 2012, 07:27:55 AM
I don't believe it. You'd have to get about 300 KH/s on only 100 watts. Name a CPU and/or GPU that can do that.

Check latest reaper v13 when it's released, +60% improvement on CPUs (doing 3 hashes in parallel for better caching) and 100% improvement for GPUs. An I7 can now get about 320KH from what I've heard. mtrlt has been busy.

Of course before mining is profitable we still need price to rise a lot.... :)

It looks like a $2-$3 price will be what is needed for a lot of people to mine with some profit (10-20%), those with free electricity will probably join the party when SC is about 50c I'm guessing. Unlike before each SolidCoin is backed by a certain amount of energy so people with "free energy" can't really create many coins. Each coin takes about 12.5KWh to produce, so if someone wanted to make 10SC a day they'd be consuming 125KWh of electricity to do it regardless. Not many people with "Free energy" would be able to explain a 125KWh per day operation to the people providing the electricity :P . And you can see that much energy would still only provide a small amount of SolidCoins, 10 in this case if they were using efficient hardware.


Do you care to comment on Theymos outting you as a point blank liar?

https://bitcointalk.org/index.php?topic=63365.msg779801#msg779801



CoinHunter: I'm going to call the police BCX!

BWAHAHAHAHA!


Title: Re: Solid Coin Problem
Post by: k9quaint on March 04, 2012, 08:56:52 AM
Notice how Coinhunter completely sidesteps the fact that less than $1 of Soiledcoins are produced by the entire network each day. (see my earlier post for the math behind it)
His claims of a super efficient miner (secret of course) is the bait. He just keeps hoping to snare and milk a few more victims before his scam collapses.

Thanks for your question, you can see here how each SolidCoin is created. It has a picture so you can follow it.

http://solidcoin.info/how-are-solidcoins-created.html


So you have no answer for your entire hash network producing less than $1 a day of coins.
I repost my math here so it doesn't get lost.

The Highest Bid Price for 1 Soiledcoin on btc-e: 0.036003 USD
Number of Soiledcoins rewarded for finding a block in the Soiledcoin block chain: 0.07
Number of blocks needed to earn $1 of Soiledcoins: 397
Soiledcoin network speed: 1 block every ~120 seconds. 30 blocks an hour. 720 blocks a day.
% of all Soiledcoin blocks you need to mine in order to generate $1 of Soiledcoin per a day: 55%
But the tyrant nodes mine 50% of the blocks, so at 0.07 SC per block and the current exchange rate, it is impossible to mine $1 a day of Soiledcoins even if you find every single block. The entire mining community of Soiledcoin produces less than $1 a day in revenue.

The only answer from Coinhunter is a picture of electricity, a computer, and the soiledcoin logo.
Answer that, or are you too busy sending threats to BCX in PM because of your doxing?


Title: Re: Solid Coin Problem
Post by: Starlightbreaker on March 04, 2012, 08:59:52 AM
Notice how Coinhunter completely sidesteps the fact that less than $1 of Soiledcoins are produced by the entire network each day. (see my earlier post for the math behind it)
His claims of a super efficient miner (secret of course) is the bait. He just keeps hoping to snare and milk a few more victims before his scam collapses.

Thanks for your question, you can see here how each SolidCoin is created. It has a picture so you can follow it.

http://solidcoin.info/how-are-solidcoins-created.html

http://solidcoin.info/images/solidcoins-created.png
. . .

this has crossed to the line of "ridiculously stupid"


Title: Re: Solid Coin Problem
Post by: CoinHunter on March 04, 2012, 09:08:56 AM
So you have no answer for your entire hash network producing less than $1 a day of coins.
I repost my math here so it doesn't get lost.

The Highest Bid Price for 1 Soiledcoin on btc-e: 0.036003 USD
Number of Soiledcoins rewarded for finding a block in the Soiledcoin block chain: 0.07
Number of blocks needed to earn $1 of Soiledcoins: 397
Soiledcoin network speed: 1 block every ~120 seconds. 30 blocks an hour. 720 blocks a day.
% of all Soiledcoin blocks you need to mine in order to generate $1 of Soiledcoin per a day: 55%
But the tyrant nodes mine 50% of the blocks, so at 0.07 SC per block and the current exchange rate, it is impossible to mine $1 a day of Soiledcoins even if you find every single block. The entire mining community of Soiledcoin produces less than $1 a day in revenue.

The only answer from Coinhunter is a picture of electricity, a computer, and the soiledcoin logo.
Answer that, or are you too busy sending threats to BCX in PM because of your doxing?


Hi, you can determine how much you can make per day here :-

http://solidcoin.info/profit-calculator.html

That takes into account difficulty and the minimum mining fee of 0.05 which is also given. Hope that helps.


Title: Re: Solid Coin Problem
Post by: k9quaint on March 04, 2012, 09:29:12 AM
So you have no answer for your entire hash network producing less than $1 a day of coins.
I repost my math here so it doesn't get lost.

The Highest Bid Price for 1 Soiledcoin on btc-e: 0.036003 USD
Number of Soiledcoins rewarded for finding a block in the Soiledcoin block chain: 0.07
Number of blocks needed to earn $1 of Soiledcoins: 397
Soiledcoin network speed: 1 block every ~120 seconds. 30 blocks an hour. 720 blocks a day.
% of all Soiledcoin blocks you need to mine in order to generate $1 of Soiledcoin per a day: 55%
But the tyrant nodes mine 50% of the blocks, so at 0.07 SC per block and the current exchange rate, it is impossible to mine $1 a day of Soiledcoins even if you find every single block. The entire mining community of Soiledcoin produces less than $1 a day in revenue.

The only answer from Coinhunter is a picture of electricity, a computer, and the soiledcoin logo.
Answer that, or are you too busy sending threats to BCX in PM because of your doxing?


Hi, you can determine how much you can make per day here :-

http://solidcoin.info/profit-calculator.html

That takes into account difficulty and the minimum mining fee of 0.05 which is also given. Hope that helps.

Hi. You are still dodging the math.
Your entire network makes less than $1 a day.
Not much in the way of "profit" there.
Of course, tomorrow that could change. You could make the block rewards 500 SC each, but they only stay that way while you are mining.  ;D


Title: Re: Solid Coin Problem
Post by: Starlightbreaker on March 04, 2012, 09:44:50 AM
So you have no answer for your entire hash network producing less than $1 a day of coins.
I repost my math here so it doesn't get lost.

The Highest Bid Price for 1 Soiledcoin on btc-e: 0.036003 USD
Number of Soiledcoins rewarded for finding a block in the Soiledcoin block chain: 0.07
Number of blocks needed to earn $1 of Soiledcoins: 397
Soiledcoin network speed: 1 block every ~120 seconds. 30 blocks an hour. 720 blocks a day.
% of all Soiledcoin blocks you need to mine in order to generate $1 of Soiledcoin per a day: 55%
But the tyrant nodes mine 50% of the blocks, so at 0.07 SC per block and the current exchange rate, it is impossible to mine $1 a day of Soiledcoins even if you find every single block. The entire mining community of Soiledcoin produces less than $1 a day in revenue.

The only answer from Coinhunter is a picture of electricity, a computer, and the soiledcoin logo.
Answer that, or are you too busy sending threats to BCX in PM because of your doxing?


Hi, you can determine how much you can make per day here :-

http://solidcoin.info/profit-calculator.html

That takes into account difficulty and the minimum mining fee of 0.05 which is also given. Hope that helps.
you probably need to rename it to "loss calculator"

even with the most efficient system, you still to need to reach ~$1.87/sc just to break even, and that's before adding power used by other components.
that's a joke.


Title: Re: Solid Coin Problem
Post by: Kettenmonster on March 04, 2012, 10:29:24 AM
Code:
...
if(addr.IsValid())
{
for(int x=0;x<TRUST_FUND_NUM;x++)

I prefer prefix incrementation where possible.
Ok, doesnt really matter for builtin types or while named return value optimization is on.
But to be sure once you are in an inner loop with an overloaded increment-operator coming along where it possibly does matter.
Itīs just a matter of habbit: Donīt be sloppy whilst coding!


Title: Re: Solid Coin Problem
Post by: shakti on March 04, 2012, 10:34:01 AM
Reality Coinhunter has 10 wallets with 1 200 000 coins os he has 1 200 000 $ he "can't spend" :))
If you has 12 000 000 $ you "can't spend" would you do everything to spend it somehow ? :)))

Not everyone is as corrupt as you.

Exchanges could also easily block those transactions involving those addresses if they are that paranoid, they can do it now before the code is ever changed.
Ah yes ? just a question ? why are you working on this project ?
1) you want save the world ( Than you should recognize that Bitcoin has potential to help the worl be better and don't scry everywhere "BITCOIN WILL COLLAPSE" )
2) As you mentioned in Solidcoin You are the person world is circle around (well than you are more corrupt as me and your other posts tell me you think Money makes world circle around someone as result you'll spend coins)
3) You just want some money ( Result you'll spend coins )

Other ideas why are you working on that?


Title: Re: Solid Coin Problem
Post by: film2240 on March 04, 2012, 11:01:23 AM
I think we should create a fork of SC that:
a.Is more rationally designed (no ridiculously low block rewards,data loggers)
b.No stealth taxes (these are exposed as going into CH/RS perssonal wallet instead of 'protecting the network') and only have a transaction fee (like BTC does now)
3.Remove all premines,trust funds (equality and fairness is more important I feel,as if people love the improved fork,then more people will willingly mine this fork,thus boosting security anyway without the questionable premine practice which really fills the wallets of their programmers,creators.)
4.Be free to test other concepts with this fork (otherwise all the above would just be another BTC clone ,rebadged lol.)
5.Be open source and therefore everyone (even non programmers) can look into code and make sure it isn't malware,etc)

If someone can create a better fork of this SC but without all its problems,then please go ahead.When you finish developing your fork,encourage others to migrate to it instead of staying with SC (in its current form) as I think it's high time to stick it to the scammer.



Title: Re: Solid Coin Problem
Post by: CoinHunter on March 04, 2012, 11:12:46 AM
you probably need to rename it to "loss calculator"

even with the most efficient system, you still to need to reach ~$1.87/sc just to break even, and that's before adding power used by other components.
that's a joke.

You do know no one at SolidCoin thinks you can make a profit right now mining SolidCoin right?

You do know that a coin value of $1.87 or whatever is reached is fine, it will be determined by the average of all miners. The economy setup in SolidCoin is designed so that it's a $1 minimum, not maximum.

Why is that a joke? Is it ia joke that one SC is only worth 4-6c at the moment? Well that's what is going to have to change isn't it if mining is to become profitable again. If it doesn't change it never will.

Again though, I don't see how that's a joke, all that needs to happen is people buy the remaining SolidCoin that are for sale and eventually price has to increase due to lack of supply. Simple economics my friend. The only joke around here will be the people criticizing it whilst they could have bought it for $0.05 and sold it for $1-4. But since that won't be happening for a few months I guess we'll have to wait a bit for that punchline :P


Title: Re: Solid Coin Problem
Post by: CoinHunter on March 04, 2012, 11:14:51 AM
If someone can create a better fork of this SC but without all its problems,then please go ahead.When you finish developing your fork,encourage others to migrate to it instead of staying with SC (in its current form) as I think it's high time to stick it to the scammer.

How nice of you to offer that "Someone else" should do something. Why don't you stop being lazy and do the "right coin" , you obviously think Bitcoin needs fixing. By the way, SolidCoin can't be forked, license was changed to stop competitive works building from it. Another lesson from Bitcoin.


Title: Re: Solid Coin Problem
Post by: shakti on March 04, 2012, 11:27:22 AM
If someone can create a better fork of this SC but without all its problems,then please go ahead.When you finish developing your fork,encourage others to migrate to it instead of staying with SC (in its current form) as I think it's high time to stick it to the scammer.

How nice of you to offer that "Someone else" should do something. Why don't you stop being lazy and do the "right coin" , you obviously think Bitcoin needs fixing. By the way, SolidCoin can't be forked, license was changed to stop competitive works building from it. Another lesson from Bitcoin.

Ah yes ? just a question ? why are you working on this project ?
1) you want save the world ( Than you should recognize that Bitcoin has potential to help the worl be better and don't scry everywhere "BITCOIN WILL COLLAPSE" )
2) As you mentioned in Solidcoin You are the person world is circle around (well than you are more corrupt as me and your other posts tell me you think Money makes world circle around someone as result you'll spend coins)
3) You just want some money ( Result you'll spend coins )

Other ideas why are you working on that?

Please teach us with your whiteness, Oh lord.
Answers to my questions.


Title: Re: Solid Coin Problem
Post by: film2240 on March 04, 2012, 11:37:17 AM
If someone can create a better fork of this SC but without all its problems,then please go ahead.When you finish developing your fork,encourage others to migrate to it instead of staying with SC (in its current form) as I think it's high time to stick it to the scammer.

How nice of you to offer that "Someone else" should do something. Why don't you stop being lazy and do the "right coin" , you obviously think Bitcoin needs fixing. By the way, SolidCoin can't be forked, license was changed to stop competitive works building from it. Another lesson from Bitcoin.
See that? This is the true nature of CHs attitude towards people who have different opinions of what they feel should be done.Yh keep attacking a filmmaker and see where that gets you?I can make a film exposing all of your flaws including the attitude of SCs creator (you),then once the world sees how you really are,no one will touch you or want to deal with anything you create again.Who's with me?

I work long hours as a film director for several film crews.I work much harder than you,you know.Grow up Coinhunter and stop calling people lazy who aren't programmers and just want to get on with life. I work as a professional filmmaker not a programmer.Not everyone should have to be a programmer just to satisfy your 'demands'. You are not the boss of the P2P currenncy world,you are not the boss of BTC,yet you have the nerve to call me lazy.You reap what you sow,CH.

It is apparant to me that you can't handle life,so do us all a favour,stop being abusive to forum users on here and step aside from having any part of currency development (SC anyone?) before you embarass yourself again. How about you enjoy an early retirement instead? And stay the hell away from anything to do with cryptocurrency development. If any of you are sick of CH/RS bs then I know how you feel and I encourage you all to join in with me on this.

As I can recall,Theymos showed you up for being a liar. https://bitcointalk.org/index.php?topic=67177.40  (You denied sending BCX a threatening PM saying you were going to call the police on him,then you categorically denied this and Theymos confirmed that you DID send that PM to BCX)



Title: Re: Solid Coin Problem
Post by: tatsuchan on March 04, 2012, 12:02:17 PM
Looks like I learned my lesson about starting threads with "solid coin" in the name.  Wasn't looking for war of the currencies.  Just wanted a fair comparison.  This is stupid though. 

....is there a way I can close this thread?  I really DON'T CARE what argument SC people have.  It's not profitable to me and that IS ALL I wanted to know.


Title: Re: Solid Coin Problem
Post by: smoothie on March 04, 2012, 12:04:06 PM
If someone can create a better fork of this SC but without all its problems,then please go ahead.When you finish developing your fork,encourage others to migrate to it instead of staying with SC (in its current form) as I think it's high time to stick it to the scammer.

How nice of you to offer that "Someone else" should do something. Why don't you stop being lazy and do the "right coin" , you obviously think Bitcoin needs fixing. By the way, SolidCoin can't be forked, license was changed to stop competitive works building from it. Another lesson from Bitcoin.
See that? This is the true nature of CHs attitude towards people who have different opinions of what they feel should be done.Yh keep attacking a filmmaker and see where that gets you?I can make a film exposing all of your flaws including the attitude of SCs creator (you),then once the world sees how you really are,no one will touch you or want to deal with anything you create again.Who's with me?

I work long hours as a film director for several film crews.I work much harder than you,you know.Grow up Coinhunter and stop calling people lazy who aren't programmers and just want to get on with life. I work as a professional filmmaker not a programmer.Not everyone should have to be a programmer just to satisfy your 'demands'. You are not the boss of the P2P currenncy world,you are not the boss of BTC,yet you have the nerve to call me lazy.You reap what you sow,CH.

It is apparant to me that you can't handle life,so do us all a favour,stop being abusive to forum users on here and step aside from having any part of currency development (SC anyone?) before you embarass yourself again. How about you enjoy an early retirement instead? And stay the hell away from anything to do with cryptocurrency development. If any of you are sick of CH/RS bs then I know how you feel and I encourage you all to join in with me on this.

As I can recall,Theymos showed you up for being a liar. https://bitcointalk.org/index.php?topic=67177.40  (You denied sending BCX a threatening PM saying you were going to call the police on him,then you categorically denied this and Theymos confirmed that you DID send that PM to BCX)



Call the Po Po Ho!


Title: Re: Solid Coin Problem (CLOSED: Question Answered)
Post by: film2240 on March 04, 2012, 12:22:18 PM
Looks like I learned my lesson about starting threads with "solid coin" in the name.  Wasn't looking for war of the currencies.  Just wanted a fair comparison.  This is stupid though.  

....is there a way I can close this thread?  I really DON'T CARE what argument SC people have.  It's not profitable to me and that IS ALL I wanted to know.

I didn't realise that this would have many arguments.This I didnt expect this to be another debate thread.I will admit that,  most former users of SC bear grievances (including myself) so this didn't really help things I will admit as it complicates your reserach of what SC is all about. To close thread ,scroll down to the bottom of this post and look for 'lock topic' as this will close the thread effectively or another way to do this is to type a reply (or edit your own topic),look for the check box that says 'lock topic'. I hope this helps you.

3rd option is to ask any mod to lock it.PM them is probably best if you use this option.


Title: Re: Solid Coin Problem
Post by: malevolent on March 04, 2012, 12:52:14 PM
Simple economics my friend. The only joke around here will be the people criticizing it whilst they could have bought it for $0.05 and sold it for $1-4. But since that won't be happening for a few months I guess we'll have to wait a bit for that punchline :P

QFT