Are you saying the dev foresaw the unprofitabillity of the coin and therefore low difficulty when designing block reward and total cap? Fucking coin is broken beyond repair.
No, I'm saying it might balance itself out and that that was the intention. I don't know, but when I make an investment, I don't trash it, its creator, and other investors for no apparent reason. It seems counterproductive. If you are one of the investors who bought in early i really feel sorry for you. You, in th first place, should be mad at the dev for not providing critical patches for the wallet, and the person who got it added to bter just a couple hours after launch. |
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Are you saying the dev foresaw the unprofitabillity of the coin and therefore low difficulty when designing block reward and total cap? Fucking coin is broken beyond repair.
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Difficulty of 3-5 is to be expected if the coin picks up. What would the PoW reward be than, 2SLM? Assuming that's a thing.. 3: 4.75 5: 4.18 1. Name one other coin with such low reward. 2. In how many centuries are we going to hit the total cap of 250,000,000 coins? Obviously never because the reward system is broken. |
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Professional prediction : Current miner can be optimized by a tenfold or more.
My old dual core is half the speed the latest 4770k cpu. Obviously AES and SSSE optimizations are missing. My other miners, including original scrypt cpuminer does at least 10x better on 4770k.
If ported to GPU we will see a 100x speed increase. Difficulty of 3-5 is to be expected if the coin picks up. What would the PoW reward be than, 2SLM?
I'm here, wasting my time, as i've made quiet an amount selling in the first 48h and have moral obligation to help the coin survive so the traders eventually earn some of the money back. I'll give it another 24h, if the dev does not submit patches for the wallet i'm done.
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BTER deposits has been disabled?
Yes, they have pulled the plug on this shitcoin |
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No other pool will arrive with my software which will support MYR as i do. The pool will only be private during the beta which is expected to last around 2 weeks. After this it will be fully public for everyone to use. Initially i will allow members of the MYR dev team to trial MAMMMP and then a few days in i may open it for everyone to use during the beta
Ahmed
I like the way you end your posts - with your name. Reminds me of 419 "Prince of Persia", "King of the Gulf" scam emails... EDIT : I think i found you on facebook - is this you ? http://imgur.com/5a49mks |
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Sandor check/restart your hotwallet, i am not getting any payouts from the pool.
Payments are sent out properly, maybe your wallet isn't synced? I have them on autorestart every 20 mins, 4 to make sure they sync. I have not received a single payout in hmm 2-3 hours. I'll PM the addresses. |
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Sorry, I'm not seeing a variable for nEffectiveBurnCoins and don't have time to dig through the code right now.
Calculate PoW then. |
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Here is the pseudocode: maxreward = 50 // or 250 for PoB
lower = 0.01
upper = maxreward
while(lower + 0.01 <= upper) // this is a loop, so the stuff in the brackets below will be executed over and over until the condition in the parenthesis is no longer met
{
mid = (lower + upper)/2
if(mid > maxreward/(diff^(1/4)))
upper = mid
else
lower = mid
}
reward = upper
reward = (reward/100)*100 // cut off decimals below 1 cent
the rest is pretty self explanatory Entertain me and calculate the PoW reward at difficulty 0.93650019 and PoB reward at the same dif. (as if it matters) and 912,000 burned coins. |
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Keep in mind there are absolutely no deadlines for the beta/private launch let alone public. His 'no idea' reply above should give you an idea how commited he is to the project. EDIT : First reference to MAMMMP.. was on 29. Apr, posted by the dev! : https://bitcointalk.org/index.php?topic=483515.msg6450349#msg6450349Almost two months later, still no launch date. VAPORWARE!!! |
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Sandor check/restart your hotwallet, i am not getting any payouts from the pool.
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Wouldn't a decreasing reward system as hashrate rises promote stability? I'm certainly no economist. Seems like it would keep the hashrate at a nice, consistent middle ground.
Current hash rate is very low. Only couple hundred miners mining slimcoin. Even so, reward has dropped from 50SLM reward (PoW) to 12-13SLM. PoB reward has been hit by the bug too. Around 90k burnt coins so far, reward went from 250SLM to 19SLM. If this coin is to survive, hash rate must go up by at least x100. If there is no minimum, PoW reward will be 1.0SLM. Once we reach 900k burnt coins, PoB reward is going to be what, 2SLM ? BROKEN, unless there is a minimum limit in place. Someone explain the code sandor posted on previous page. |
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diff seems to be really low now
"difficulty" : 0.03772741
Yes, miners gave up and so will I if dev does not post any fixes tonight. |
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Wallet #1
{
"Net Burnt Coins" : 4928.39000000,
"Effective Burnt Coins" : 4406.95026000,
"Immature Burnt Coins" : 483.00000000,
"Decayed Burnt Coins" : 38.43974000
Wallet #2
"Net Burnt Coins" : 2853.40000000,
"Effective Burnt Coins" : 2819.03565500,
"Immature Burnt Coins" : 0.00000000,
"Decayed Burnt Coins" : 34.36434500
Wallet #3
Net Burnt Coins" : 519.50000000,
"Effective Burnt Coins" : 512.04693100,
"Immature Burnt Coins" : 0.00000000,
"Decayed Burnt Coins" : 7.45306900
I get 5-10 PoB blocks per day.
Nice. How many coins per PoB blocks you get in average? Current PoB reward is 19.4SLM Read the discussion about reward system, if i am correct, once diff goes up by x10, reward for both PoW and PoB will be in the 1.X range. |
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are we forked? what block are we on?
blocks" : 11669, I've got one wallet with "blocks" : 11018, It probably stoped syncing due to the PoS bug, read the last 2-3 pages. |
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are we forked? what block are we on?
blocks" : 11669, |
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Wallet #1
{
"Net Burnt Coins" : 4928.39000000,
"Effective Burnt Coins" : 4406.95026000,
"Immature Burnt Coins" : 483.00000000,
"Decayed Burnt Coins" : 38.43974000
Wallet #2
"Net Burnt Coins" : 2853.40000000,
"Effective Burnt Coins" : 2819.03565500,
"Immature Burnt Coins" : 0.00000000,
"Decayed Burnt Coins" : 34.36434500
Wallet #3
Net Burnt Coins" : 519.50000000,
"Effective Burnt Coins" : 512.04693100,
"Immature Burnt Coins" : 0.00000000,
"Decayed Burnt Coins" : 7.45306900
I get 5-10 PoB blocks per day.
nice! how many PoB in wallet #3 ? In the last 24h ? ZERO! |
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Wallet #1
{
"Net Burnt Coins" : 4928.39000000,
"Effective Burnt Coins" : 4406.95026000,
"Immature Burnt Coins" : 483.00000000,
"Decayed Burnt Coins" : 38.43974000
Wallet #2
"Net Burnt Coins" : 2853.40000000,
"Effective Burnt Coins" : 2819.03565500,
"Immature Burnt Coins" : 0.00000000,
"Decayed Burnt Coins" : 34.36434500
Wallet #3
Net Burnt Coins" : 519.50000000,
"Effective Burnt Coins" : 512.04693100,
"Immature Burnt Coins" : 0.00000000,
"Decayed Burnt Coins" : 7.45306900
I get 5-10 PoB blocks per day.
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Ha the frontend is finished i have links to show to people who i trust. the backend is 95% completed it just needs a bit more work to make it run with little to no maintenance at all
So this is your private pool and not a community effort ? Why is it promoted as a community project ?? Are we talking decentralized pool or centralized, private, profit-for-ahmed pool ? You say its almost done but you cant give a deadline ? Launch this month ?
no idea
Correct this is a private pool. Its promoted as a community project as it is one which has and will still be taking input from various community members. I dont do deadlines. Deadlines when missed lead to price slumps, broken promises, loss of trust and loss of community members. An example of this is eMunie, Scharmbeck and the UNOCS scam. Ok, so its just vaporware. A project without a deadline, what is this high school ? GTFO. Vaporware is a term in the computer industry that describes a product, typically computer hardware or software, that is announced to the general public but is never actually released nor officially cancelled. Vaporware is also a term sometimes used to describe events that are announced or predicted, never officially cancelled, but never intended to happen. The term also generally applies to a product that is
announced months or years before its release, and for which public development details are lacking. |
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Ha the frontend is finished i have links to show to people who i trust. the backend is 95% completed it just needs a bit more work to make it run with little to no maintenance at all
So this is your private pool and not a community effort ? Why is it promoted as a community project ?? Are we talking decentralized pool or centralized, private, profit-for-ahmed pool ? You say its almost done but you cant give a deadline ? Launch this month ?
no idea
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