right now we don't have a timetable but I will post in the forum (and email greencoin producers) when we have one.

there is no fix. This coin is stuck. We are looking at a re-launch as stated previously with a coin with stripped down features but 100% working.

GRE diff, 1101 hashrate = 73 GH/s

lol, hey I'll mine this to. Maybe GRE2 could have such features.... 

The general community consensus is GRE is a strong coin but too buggy to continue in its current form indefinitely. Nuggetbram got involved to provide some technical advice on the situation. He advised GRE would be too difficult of a fix and opted to help with a relaunch (CO2X). However, CO2X also experienced some problems mostly around it's advanced features. Nugget has offered to look into re-launching, possible with less advanced features, but with a strong 100% fully tested coin. The timetable for this isn't certain but when I mentioned your post to him he was enthusiastic to have another set of eyes on the code. We can also have a BTC bounty on the table for helping out. PM me around that if you'd like.

In the meantime I still personally like GRE as a payout for renewable Producers because it's live and running, it mostly works (except for the bugs previously noted), and the merge mining has certain strengths, for example, GRE certainly isn't going away anytime soon. While nugget and others re-vamp the strategy of a launching a new more stable coin, I can enthusiastically support the Renewable Ecosystem and solicit additional producers and other community development activities.

Until someone fixes the global carbon problem I'm going to keep working on this.

/ *does a quick scan of the internets* /

Nope, still working on it.

wow GRE diff at 724


Had a few more coins than "usual" today, like about ~1M, so the new pool(s) coming in are paying the full 1000 it seems

I haven't heard from nugget in awhile, I will wait for him to weigh in on this though.

no, for now it is still all GRE

Ultimately both nugget and I agree with this assessment. He's doing a little bit more of a deep dive on the code to sluice out some technical elements that did not operate correctly on this past launch. In the meantime I'll continue to pay out "full" GreenCoin (donating in the extra as needed) with the price at 1 satoshi it is no big deal, and will try to add some producers with the coin as is. Thanks for the donation, Jim, that always helps me too.

The OP has been reverted back to information and links on GreenCoin only for now.

Can pay 0.05 for some ideas and 0.1 if we end up using it (feel free to PM)

After discussing a bit with nugget a bit the pros/cons listed above, we are going to continue to pay GreenCoin to Producers and officially support it from the GreenCoin Foundation perspective as the official carbon asset storage mechanism for at least into the near future. In the meantime, we can continue to discuss the merits of a brand new coin (with respite back-looking swap) as was attempted with CO2X, or continuing with GreenCoin and eventually attempting a fork in an attempt to fix the coinbase transaction issue, among other potential solutions. I'll just continue the discussion in this thread since the previous one I locked and everyone seems to be up to speed on the details of this discussion anyway. I'll update the OP to reflect the two coins.

I can still buy the coin shortage up to half as long as it stays low like this (which as of today is firmly 1 satoshi if you're selling a 2 to buy). If I was paying over 3 that would force the coin to be sent to Producers "as-is". This amount again is generally 400-800k per day and has lately been about 650k. The average payout based on the blocks per 24 hours should be about 1,400k, so it is ~750k short lately.

Nugget also had a working block explorer for GRE running at some point so I'll see if he can get that up again and I'll add it to the grcoin.com A-record.

Also, if folks want to help out with daily payouts for any reason here is a foundation address set up for that purpose:
GUpeoMfwaXpmkou71stNZnSvBXMNtGneWp

All GRE donations become part of the payout. They are not held by the Foundation for other purposes.

If you want tto help with general expenses in any other way, well, bless you, and here you go:
BTC: 1Jo4Xct4k3XRuTAApvieq5bjnV2ZXnSB8a
LTC: LP6T3wCpUQsK3JcpeBqNVQq2rfCKwwcM6t
Check / Other type of Donation: PM me

CO2Xcoin Mac wallet here.
https://dl.dropboxusercontent.com/u/60507461/CO2ExchangeCoin-Qt.zip

I haven't tested it yet if someone else can.

After blowing off some steam now I need to do the payout for the renewable producers and I am thinking of continuing to pay GreenCoin for now. A couple of reasons:

- Most of the Producers did not change over to a CO2X address so I would need to make an address for each of them and hold the coins
- The CO2X showed some mining issues on the first day (for example by 8 PM Pacific we only got to block 212 and it should be at 1440 by design, so the producers would be getting short coins).
- I don't have the CO2X Foundation wallet key yet so I would have to make the payout at some point later and do it in arrears. I can pay GRE now.

Certainly it will be difficult to make the official coin switch and then have to unwind it if something goes wrong. I think it might be a good idea to continue to pay old GRE for at least awhile and take this chance to evaluate the strengths and weaknesses of switching versus staying the course:

CO2Xcoin
advantageous:
- Coinbase algo works (still somewhat theoretical, but let's assume it does. If it doesn't a switch is a non-starter)
- New greener algo and PoS (though some people don't seem to like X11)
- Crisp wallet functionality and built in block explorer

disadvantageous:
- No pools or trading yet
- Switching for existing users is challenging (swapping coins, Producers, etc)
- Harder to work a new coin into the grcoin.com website database (still unsure how to do this but will figure it out)
- Small, unstable mining base subject to long block times and possibly a fork

GreenCoin
advantageous:
- merged mined and stable (23 GH/s currently)
- don't have to change the coin name/symbol to a new coin
- there hasn't been much marketing, so it would be easy to switch and/or start over, but what we have done so far would be lost, and "GreenCoin" is superior to "CO2ExchangeCoin" / "CO2Xcoin" IMO in terms of simpleness and elegance, logo etc (open to thoughts on this though).
- Already listed on Bittrex/Allcoin

disadvantageous:
- Biggest one by far is the coinbase transaction was defeated. The Foundation only gets ~400-800k. I have been buying the 600-1000k necessary to bring the coins to "exactly half" of the daily mine since Dec. 4. I could do this since they are so cheap this has been about $600-800 so it hasn't been too bad.
- Huge total coin amount affects price
- "Buggy" wallet doesn't fully sync, needs to be seeded first time it's run

I think in simple terms the two options are just biting the bullet and getting through a full switch over versus staying the course with existing GreenCoin. The switchover to the new coin we've already talked about a lot so I'll just state the case for staying with GreenCoin. First off, I would simply stop "buying" the extra coins to bring it up to half: that is, whatever coins exist in the wallet at 8 PM each night are what get paid out to Producers. This means the miners will be getting ~75% of the coins but is that really so bad? There aren't a lot of producers and the original 50/50 split was always somewhat arbitrary. Couple this with the fact that in the future miners will have to be throttled if the coin grows so they do not represent disproportionate value to the coin and there is a case that eventually a fork to this effect is inevitable in the future. I think staying with GreenCoin makes a some sense because I could begin market it immediately again. If (a big if) the coin was catching on and getting producers signed up I think a development team could be hired at some point in the future that may be able to fork in a solution to the coinbase problem, or, at that point, we make a substantially switchover and re-launch at that time.

So the question really is, do we switch over now when we are small and no one really cares anyways, or in some future scenario when we're potentially much bigger (either fork or switch over)?

my windows QT has been on block 178 for awhile...

yes and to take the math a little further, 13.3 exchange coins per block * 1440 min/day * 166.6 GRE per CO2X = 3,192,000 GRE per day that can be theoretically be exchanged. This assumes 1 block per minute but right now we are at block 89 and it's been 171 minutes so it may need to average out here as things get going...

I'll let you know. I don't even have the foundation wallet yet. I am hopeful for this weekend, but Monday at the latest.

It is important to note that nuggetbram did not code in any premined coins. He made the Foundation award 17 coins per block instead of 3.7 for the ~ 1st year. So during this time the Foundation will payout the 3.7 daily to producers (that is, 3.7 per block accumulated to whatever block number exists 8 PM PST each day), and move 13.3 each to a central "exchange address," and we will payout claims from there. As such, we may be paying some claims in an IOU fashion: GRE must be exchanged in by block 500,000 (~JUne 4th) but the Foundation may not have all of the coins to payout until Feb 2016.

Kbroad, you are first in line ....  

I'm not sure, if anyone knows of any X11 pools they can ask to list us?

I'm going to try to start tomorrow after seeing if everything is still going well, but it will be manual. I will ask Bittrex and Allcoin separately to pick up the new coin and allow for transfers between the two at the par rate. I probably cannot make my own exchange safely.

Note that the exchange is 166.66666667 GRE for 1.00000000 CO2X but it is a 1-way transaction, there is no reverse exchange.

yes: but only until GRE hits block # 500,000 (should be ABOUT June 4th or so)

based on a GRE bid/ask of 2 to 3 satoshi, CO2X is currently at par at 333/500 satoshi.

Assuming a market for CO2X ever materializes.