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All orphan blocks... no info on Discord?
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Tomorrow we will be unveiling the redesigned OP. It looks much more professional and better outlines our goals and how we will achieve them.
Sounds great! This project is really taking off! How will we know if our sig campaign signup was successful, and what tier we're in? I signed up like 12 hours ago I think. |
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If you want your coin to grow you'll need stability and predictability, best thing you should do is to stick to what you said first time.
If you increase over night the block reward by 10%-20%-30%, the people who mined KMC until that time will get upset because their accumulated coins will lose value.
And if you do this once you'll lose predictability of the coin because you can do it again and again and every time you'll be increasing the inflation of KMC and decreasing it's value.
Good luck with your project!
Maybe I did not understand you? We are here talking about raising the award for masternode. We do not speak about any increase in the reward for the bloc Yes I think you misunderstood, he definitely meant the total block size should stay the same, not increase from 25.
CAN WE ALL PLEASE AGREE WE WILL BE OPEN MINDED AND GIVE KMC A CHANCE NO MATTER WHAT THE DEV DECIDES FOR THE MN REWARD? Of course, you should all keep sharing feedback, but don't just write off the coin because the reward is not as high or low as you think it should be. 3.5% could work, 35% could work. We need to remain a strong community. This coin has one of the most powerful networks for a CryptoNote less than 2 weeks in. Once GUI wallet and masternodes are released in the coming weeks and months, we may hit several MH/s of CryptoNote mining. We will all profit greatly if we believe in this vision. |
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Other than a few simple configuration issues, it seems to be working stable enough on Ubuntu Linux. The project is new, so I understand it having issues.
I bought 50 coins for 0.005 BTC and they came about 30 minutes later.
I've almost got it working solo Equihash mining, not sure how to use OnionHash yet - It's quite confusing.
Would you mind providing instructions for fix and compile on Ubuntu? I mean, if you're telling the truth that you're invested in this, it makes sense for you to make sure it gets widely adopted by helping others. If only a few people are able to successfully install the wallet, then the project will die out and your investment would go to waste. Please help! |
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Is there any plan to make a wallet with a graphical interface? I don't mind command line, but I think it will require some kind of interface for this to become mainstream.
Yes, dev said within a week:
...
we will be releasing our GUI Wallet within the next week.
...
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The 3.5 % is not realistic. What if master node to keep? The price will be on the bottom.
What are you basing this on? Why is 3.5% too small? Do you have an actual argument? There are 960 blocks/day, and 25 KMC/block. If the masternode reward is 3.5%, that is 0.035 x 960 x 25 = 840 KMC/day for masternodes. Why do you think that is too small? If you have 100 masternodes with a 2000 KMC requirement, then each masternode gets 8.4 KMC/day. That is over 3000 KMC/year. So you turn 2000 KMC into 5000 KMC after one year, with a 3.5% reward (if there are 100 masternodes). On what basis are you saying this is too small? Please don't argue that it should be 35% just because other coins do that. KMC looks like it is doing something different from other shitclones, so we should try to make it sustainable. If you think 3.5% is too low, provide an actual argument for why. I'm not saying 3.% is the right number, but I'd like to see someone make an actual case for something different. Well, let's look at some other coins. INNOVA: 50% reward to MN = 7200 coins per day, 308 MN - 23.37 coin/day. DESIRE: 20% reward to MN = 2304 coins per day, 268 MN - 8,6 coin/day. 804 coin per day for 200 MN - it's only 4 coin for MN. But I expect more than 200 MN even the cost of each will be more than 0.25 BTC. Thank you for providing some actual numbers, it will lead to a more productive conversation. I would have two questions in response to your post: 1) Are INN and DSR good comparables? They have gained massive value since their launches, but we don't actually know yet if that growth is sustainable. Are there any 6 or 12 month-old masternode coins that could serve as a better basis for successful masternode reward %? 2) How many masternodes do you think we'll hit? After 3 months (which is older than DSR or Innova) we would have a total supply of 90 days * 960 blocks/day * 25 KMC/block = 2.16 million KMC. If we set the masternode collateral at 2000, that would mean a potential 864 nodes, although in my experience only about 40-50% of masternode coins end up going into nodes (meaning closer to 430 nodes). So, we would need a reward closer to 15% to get 8+ KMC/day. What do people think of a 15% reward, assuming we think DSR is a good comparable (just for masternode stuff, KMC will actually be a lot stronger than DSR because of the no-premine etc)? Might be a good compromise so that people don't think it's too small, but at the same time it's not giving something ridiculous like 50% rewards for no reason. |
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Honestly a lot of these worries would go away if we could just run on a linux VM. I hope someone provides clearer instructions on how to do that, I'm def not running this on Windows given all the issues people are having.
I feel like if devs were serious about this project, they would be rushing out a linux build so that people would know they're not trying to scam.
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The 3.5 % is not realistic. What if master node to keep? The price will be on the bottom.
What are you basing this on? Why is 3.5% too small? Do you have an actual argument? There are 960 blocks/day, and 25 KMC/block. If the masternode reward is 3.5%, that is 0.035 x 960 x 25 = 840 KMC/day for masternodes. Why do you think that is too small? If you have 100 masternodes with a 2000 KMC requirement, then each masternode gets 8.4 KMC/day. That is over 3000 KMC/year. So you turn 2000 KMC into 5000 KMC after one year, with a 3.5% reward (if there are 100 masternodes). On what basis are you saying this is too small? Please don't argue that it should be 35% just because other coins do that. KMC looks like it is doing something different from other shitclones, so we should try to make it sustainable. If you think 3.5% is too low, provide an actual argument for why. I'm not saying 3.% is the right number, but I'd like to see someone make an actual case for something different. |
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Has anyone managed to compile a Linux wallet yet?
I run Ubtuntu 18.04 LTS and I was able to compile it without any problems. I wouldn't say a problem, but they had the default .config path wrong so I had to change it and then it compiled fine. I got the 5TRC airdrop about an hour after my survey entry. If everything keeps looking good, I'm thinking about investing a little bit into this "7 day sale" thing before it hits markets. Glad to hear it. Would you be willing to share what the fix is and how you do it, if it's easy to explain? |
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Has anyone managed to compile a Linux wallet yet?
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Hash looks like it's way up. If dev implements those masternodes on a no-pre-mine coin, it'll be pretty great (I'm glad there's an official pool with some fee to support dev's work, he should have incentive to follow through on this promising project).
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BTW guys consider this - the 360 block coin confirm time is a good anti-dumping feature. Once this coin is on an exchange and has a price, no on can simply throw a ton of cloudmining at it and hope to quickly dump/profit because they wont be able to sell their coins for many hours, exposing themselves to huge price risks. Meanwhile, those of us mining/trading for value will be able to enjoy more stability.
@DisasterFaster and @Plainkoin any rough idea of when we get an exchange listing?
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Shit-O-Neum (also including Shitoneum light, classic and classic plus)
100 Coins, 99.5 Coins pre-Mine
test
Very promising coin ) Where do I send my BTC plz |
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Does no one else think an 18 BILLION COIN premine is kind of high compared to a 1500 PER BLOCK reward? The pre-mine is over 12 million blocks. They say they will never do an ICO, but are they also promising never to sell the 18 billion on an exchange? If so, I suppose there's no problem, but I'm worried the large number will scare off potential investors.
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Curious - why the change from versions #1 and #2 that had no pre-mine to having an 18 million coin pre-mine this time? Decided you wanted to do airdrops/bounties?
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Working hard on GUI Wallet - MasterNode, testing and implement some new ideas  This is absolutely incredible... I didn't think you were seriously going to be doing this and were just making it up... wow... a CryptoNote masternode coin. That could be the most innovative thing to happen on this forum this year (edit: assuming you succeed, of course). |
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What is the fix for stuck transactions? Are we just waiting on a new wallet?
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Any shot at linux binaries soon?
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