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With mining pools making constant sell trades to exchange SBC for BTC, LTC and the like, it will be difficult to maintain a price increase. A market for SBC would be very beneficial, such as trading SBC for real goods. I am currently working on a plan to begin a market but still need more time. Also, without any other trading platforms being pursued it may not last long. I suspect that many old timers who are holding will trade in their SBC and move on. So be it. I will still make an effort to get this coin moving up.
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If you can create the hybrid without causing a fork, I am all for it.
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Finally got my wallet to sync with two or three active nodes. Seeing as the Cryptopia, Prohashing and Block-Genesis wallets are down, not sure what is updating the blockchain. Maybe Prohashing will drop Stablecoin because they do nothing but actively sell, depressing the price.
I have numerous addnodes and not sure which two or three are active. I have listed them here. Someone is mining and I will be soon.
addnode=108.186.237.29 addnode=109.121.82.231 addnode=184.171.221.204 addnode=109.80.94.251 addnode=93.138.167.14 addnode=31.207.20.162 addnode=188.126.8.14 addnode=151.80.140.87 addnode=198.143.188.42 addnode=113.162.188.201 addnode=203.59.132.204 addnode=86.22.130.144 addnode=59.167.189.49 addnode=72.84.189.238 addnode=85.217.147.117 addnode=72.78.100.8 addnode=184.185.216.85 addnode=192.99.35.133 addnode=85.236.188.28 addnode=172.110.29.94 addnode=174.69.18.39 addnode=203.20.114.252 addnode=24.4.156.63 addnode=203.20.114.252:17500 addnode=90.4.223.19:17500 addnode=95.32.113.36:17500 addnode=96.33.131.50:17500 addnode=98.114.178.228:17500
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Prohashing was mining it up until the first week of March then Cryptopia closed the wallet for maintenance. I could put 5MH/s to it but it will take me some time to setup. Maybe I should mine through the pool on Genesis or solo. I need to convert the hardware I have to USA standards. 240v to 120v. Nova exchange has a working wallet, doesn't it?
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Why has the blockchain stalled? There haven't been any transactions since March 3.
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I am considering maintaining an inventory of .999 silver 1 gram, 10 gram and 1 oz. ingots with custom engraving and trading them for Stablecoins. I wonder if this is feasible because Stablecoin holders with millions of Stablecoin in their possession could deplete my inventory, quickly. Also, I would be trading at a loss. The only way the price will change is if the Stablecoins are bought on an exchange.
Cryptopia only has a few million coins for trade. The other over 20 million Stablcoins are being horded. Possibly I could limit the orders from individual traders.
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Is there anyone who is interested enough to open a store and sell something like silver in 1 gram ingots for Stablecoin only, to get the price moving? 10 % discount? That will work.
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I have been sending transaction fees of about 23.35 SBC. About 6 per hour since June as a reward for pool mining. It has stimulated the generation of about 14,000 blocks. I will need to shut it down tomorrow morning until I get setup under a new network. Don't send anymore donations until I start up again. If the blockchain stalls, you know the reason.
If 3worlduser's pool dedicates hashpower to SBC, the blockchain should be just fine. 3worlduser should get more blocks since Prohashing won't mine SBC unless there is a high transaction fee on the network. I will work on getting the transaction fee reward system back up.
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With the code changes at Prohashing to only mine the most profitable coins, my program to keep the blockchain moving has slowed considerably to maybe stimulate 1 or 2 blocks an hour. I am unable to connect any mining gear at this time or in the near future to generate more blocks on the network.
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My node is pretty much permanent, but I also only got 3 connections atm.
Can you provide the addnodes. Maybe I can get a few more connections. I understand that adding server=1 and listen = 1 to the config file runs the wallet as a node or is it more involved than that?.
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Thanks for the donation. There is only 1 node connected to the network and it cuts in and out all the time. A week or so ago there were up to 10 nodes connected. Not sure what happened.
Can anyone run a dedicated node on the network?
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I will run it a little longer. Any SBC donations would be of great help in my effort.
SBC Wallet Address:
sXLRJAm9Mb3vV5w8Csgxxt67eq2mUTdM83
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Sell, Sell, Sell deadcoin. At least Prohashing won't grabbing my transaction fees, anymore. Unless there is more network participation Stablecoin is dead.
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In reply to your question about the flash blocks, no. After I place a transaction fee on the network it is grabbed by a Prohashing miner within about 5 or so minutes. There doesn't appaer to be any others mining SBC other than Prohashing and occasionally some other miners mine a block.
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The blockchain stalled on June12th and two weeks elapsed with no new blocks appearing. I decided to make some transactions to get it going again. My largest TX fee was 1000 Stablecoins. A multipool grab the block within seconds. So I wrote a program to send a small amount to another wallet with a 5 Stablecoin TX fee at random intervals. It seems that 5 Stablecoins is the mininmum for a multipool to mine a block. Anyway, it keeps the blockchain moving.
I will keep it going for awhile, not sure how long.
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A network without transactions is a dead network.
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3Worlduser, so that was you that caused the Stablecoin hashrate to go up to over 100 Mh/s?
Also, the program I wrote that broadcasts a 5 Stablecoin transaction fee is to prevent a stall in the blockchain. Not sure how long I will run it.
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From my experience of the few blocks I am able to mine, the blocks I mine don't appear on the block chain until I broadcast a transaction on the network and the next block is mined grabbing the transaction fee. This usually occurs within 5 to 10 minutes after I have broadcast the transaction fee. As I stated in a previous post, I am broadcasting transaction at random times.
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