What would be interesting is a method of mining that uses the internet itself. E.g. a mining widget that can be left running in the background of an offline website (I'm not talking about renting hashpower - that's still got mining hardware behind it). That way our homes are left in peace! The only sad reality though is that the big players will just install massive webserver farms (and so the status quo will return).

Unfortunately the libertarian dream of decentralization is clashing with the reality of damn dirty capitalism. I don't think there's any escaping the big players. Just pray that the big players don't eventually become the crypto version of money-lenders. Then it'd be a scenario of multiple federal reserves probably colluding with each other for the financial interest of shareholders (again!).

Then we'd truly have a dystopian society. Worst of all, we'd all have to shut up about it because we willed it into existence with our hubristic promises of a brave new financial world.

That's a known issue, be very careful while sending cannabiscoin and cannacoin to their proper wallets.

Though that is a bit odd.

Anyone have any info on this?

https://bitcointalk.org/index.php?topic=444775.0

The new update is live.

http://www.mediafire.com/download/slp5t0gpy2jxgol/42-Win-Qt-2-2-14.zip

http://www.github.com/fourtytwo42/42

Hello 42 ers! 

By my back of the envelope calculations there are some 26 or so 42coins in the wild.  Is this pretty accurate?  The "coincap"  sites always seem to get it wrong.

Also, I am disappointed to see nothing in the code that puts a cap on the number of coins at 42.  The getBlockValue() in main.cpp never reduces, always staying at .000042 per block (apart from the superblocks which do basically nothing).  This means there is no cap on supply. 

This is much more important than the MAX_MONEY=42 variable set in main.h, which will only trigger an error when people start to try to move more than 42 coins at a time.  I know this because when I released Woodcoin, there was MAX_MONEY=10000 mistakenly set in the main.h file.  We had more than a million logs issued and the only problem was that people's clients would crash if they tried to move more than 10000 at once. 

I would recommend updating the code for a "soft landing" at 42 total coins.  in other words sometime in the future the reward is going to have to start to decrease.  In my opinion it ought to decrease in a geometric series that converges at 42.  If you want some help figuring a nice way to do that only using the number 42, let me know.  Its a nice exercise though so I wouldn't take that pleasure away from the devs here. 

Another way you could do it would be to add a line in getBlockValue like (if nHeight>988000) reward=0+nFees.  block 988000 is just my quick estimate of when the supply will reach 42 if nothing is changed.  Less than a year from now.  If you go this route, at that point the reward will suddenly disappear as 42 42coins are in the wild.     

If you do nothing, the coin supply will sail by 42 42coins and the price will continue tanking. 

Cheers --  funkenstein the dwarf 

42 Has Fixed This Problem

Introduction

With a market capitalization ranking of 61[1], the coin "42"[2] is advertised as the "Highest Priced Crypto Coin Ever"[3]. This high price is attributed to the coin's rarity, which is advertised to be limited to 42 total coins. Unfortunately, it looks like 42 coin and descendents thereof (like 8 coin) do not cap the money supply at the advertised number of coin. In fact, unlike most cryptocoins, the money supply of 42 appears to be unlimited.

Money Generation

In bitcoin and most descendents the money supply is capped algorithmically in the function that calculates the mining subsidy. This function is called GetBlockValue() in the source file "main.cpp". In the bitcoin code base, the source for this function is:


Here, the subsidy is halved for each "halving interval", measured in blocks (although the calculation is obfuscated somewhat for the sake of computational efficiency). It can be proven[4] that if all halving intervals are the same length (210,000), then the maximum amount of bitcoin ever produced will be

    21,000,000 = 2 * 50 * 210,000

42 (and probably several descendants, such as uses a GetBlockValue() function like the following, taken from the 42 code base:


Except in a few cases (blocks 1-420, 4242, 42424, ...) all blocks will have the same reward of 0.000042 coin (ignoring fees). Notice that the 42 version of GetBlockValue() has no halving interval and makes no attempt to curtail coin generation at the advertised maximum of 42 coin. Without a geometrically decreasing reward value, the money supply will grow indefinitely.

For 42, the advertised coin maximum of 42 coin will be produced before block 1,000,000 (42 / 0.000042), or in about 1.33 years. But the existing 42 code makes no provision to stop coin production at that time.

MAX_MONEY

One part of the code for most cryptocoins that may be confusing to developers is the MAX_MONEY constant in the source file called "main.h". MAX_MONEY has two uses in the 42 code: (1) as a sentinel return value (which won't be discussed) and (2) to check some transaction values to ensure that they make sense. For the latter purpose, MAX_MONEY is used in the inline function called MoneyRange() in the "main.h" file:


This function simply checks to ensure that a value is not negative and does not exceed MAX_MONEY. Nowhere in the 42 codebase is MAX_MONEY checked against a sum of the balances of all accounts, which would require the computationally expensive task of either (1) calculating every account balance in the block chain and then adding them up, or (2) summing the coinbase (money generating) transactions over all blocks. The running total of money supply is not explicitly kept in the block chain.

The MoneyRange() function is used a few times in the 42 code. An arbitrary example is checking the the sanity of a transaction, as in the CTransaction::CheckTransaction() function within "main.cpp":


Nowhere in the code for 42 does is MoneyRange() used to validate the total money supply of 42.

---

Notes:

[1] http://coinmarketcap.com/
[2] My screen name, tx42, is unrelated to 42 coin.
[3] http://www.42coin.org/
[4] http://en.wikipedia.org/wiki/1/2_%2B_1/4_%2B_1/8_%2B_1/16_%2B_%E2%8B%AF

My friend i can link you to tens and tens of far superior pieces of footage than that.

If you observe their behavior and movement it is obvious that they act just like the microorganisms of our biological sphere. It's beautifuly portrayed in the first few minutes of Martyn Stubb's film "The Secret NASA Transmissions" as well as David Sereda's film "Evidence: The Case for NASA UFOs".

thats bush... im waiting for his return so he can update the OP

I agree.
Most of our markup is CC fees, + shipping from bitmain. If you consider both of those, we make ~3% margin, enough for me to pay for the box packing materials.

What is this error? This miner is it right? Please help me

setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_USE_SYNC_OBJECTS 1
sgminer --algorithm darkcoin-mod -o http://xxxx -u me -p you -g 2 -w 128

i will be jdmtp this time i am pretty damn broke these days LOL
he's a good guy so i won't name drop any more of his alias's

ya got to admit Hippietech that it DOES seem like a lot of guys in crypto here in this topic are trying to move forward
and sometimes guys will not let the past go..

I'm not mad. heh.. I'm actually up 17.5M.

In case it helps.. heres how mine adjusted.

Last valid block before the fork : 48414 (The date must be off because it should read as Sept 7.)
Status: 1784 confirmations, broadcast through 23 nodes
Date: 06/09/2013 00:05
Source: Generated
Credit: 5000000.00 COL
Net amount: +5000000.00 COL
Transaction ID: abfea2f3d0390d206f005dc9cf35a89f6246f066cbd2cd2f925d0d73d1531c31

First block after : 49054
Status: 1143 confirmations, broadcast through 21 nodes
Date: 07/09/2013 02:57
Source: Generated
Credit: 5000000.00 COL
Net amount: +5000000.00 COL
Transaction ID: d00f26daa4be526da4e6f195e6676941bbb663dbfba56eed08ec4b90a7bdceb3

Is btcltc.com SCAM??? Missing about 8 billion COL from btcltc.com,please help!!
https://bitcointalk.org/index.php?topic=291124.msg3163083#msg3163083
btcltc.com do not answer my questions,
and do not refund my COL!!!

i wrote them xx-times!
 

I agree because you cannot hide from people so if you are out there to screw people you should know that the truth will always come out.

Fight crime by committing a crime. That's intelligent.

Stick with me, I'll lead you to the promised land

I also stockpiled my freezer with meat and throw out a piece every time you post. So all that good vego work you do is useless, you are now responsible for the slaughter of innocence animals. I'll keep doing it forever, every time you post.

Just sent another 5 ltc to a random address😆