Whats in that folder "College girls getting spanked videos"?  |
|
|
|
MaxCoin Public Service Announcement 19/08/2014 Sources: http://maxcoinnews.net/maxcoin-public-service-announcement-19082014/http://www.maxtalk.org/index.php?topic=230.0IntroductionThis is a public service announcement to all members of the MaxCoin community. The MaxCoin Dev Team is implementing some important changes to the mining protocol which will take effect on Friday, 5th September 2014 from block 600,000 onwards. This announcement outlines the details of the protocol modifications and the rationale behind their implementation. Please be sure to read this entire announcement as you may need to take action in order to be prepared for the upcoming changes. Failure to follow these instructions could result in the loss of coins. Be sure to check news.maxcoin.co.uk and our twitter account @maxcoinproject for further information about the availability of the updated wallet software. Brief ExplanationThe MaxCoin protocol will be modified on Friday 5th September 2014 to address certain unanticipated inflation effects that have resulted from an earlier update to the protocol. This change will slow the rate of mining in the near term and spread it out over the long term. The total number of coins to be mined will remain unchanged at 100,000,000. A checkpointing protocol will be implemented in order to provide additional security to the blockchain. Detailed ExplanationAt block 140,000 it was decided to half the block reward from 96 coins/block to 48 coins/block and bring down the total coin limit from 250 million MaxCoin to approximately 100 million. This decision was taken as a result of calls from the community to address the issue of excessive coin inflation. The result of this action however has had a contradictory effect to the long term MaxCoin inflation curve. We have now reached 33 million MaxCoin mined, which represents about 31% of the total coins that will exist. In contrast, bitcoin is at 13 million coins of their 21 million total. That’s 60%. It took 6 years for the bitcoin inflation curve to create twice as much as MaxCoin has in 6 months. Compared to the 10 minute blocktime of Bitcoin, MaxCoin has a very short blocktime of only 30 seconds. It also has a shorter interval between block reward halvings, 4 years in the case of bitcoin vs 1 year in the case of maxcoin. The combination of fast blocktime and shorter block reward halving interval means the inflation curve is heavily left shifted with a very large slope at the start. This means coin inflation from block rewards is heavily frontloaded in the “early adopter” phase of the network.  The above chart shows the inflation curves over a period of 40 years. Bitcoin is in blue, the original MaxCoin curve is in green and our current protocol after halving the block reward early at block 140,000 is in red. The chart highlights an important and unanticipated change to the inflation curve our early halving of the block reward and reduction of the total coin limit has resulted in. This change to the protocol has not only worsened the problem of excessive inflation by approximately 25% it has also resulted in a significant reduction in the period of time over which block rewards are paid. We will now reach our total of 100,000,000 MaxCoin in only 7 years, after which the block reward will go to 0. Prior to the halving, it would have taken 55 years to issue 100% of the MaxCoin that will ever be created, however that period has been reduced unintentionally by a significant amount. With this model, after year 7 the network will have to sustain the mining process solely by the payment of transaction fees. This is far from a desirable inflation curve for a coin to adopt and as such, the following changes to the protocol will be implemented as of block 600,000 to rectify the problem once and for all: - Total coin limit will remain unchanged at 100,000,000 maxcoin
- Blocktime will be increased from 30s to 60s
- Block rewards will be reduced from 48 to 16 MaxCoin/block
- The block reward halving interval will be increased from 1 year to 4 years
- Block rewards will half from the new block reward level of 16 MaxCoin/block
- The block reward payments period will be increased from 7 years to 28 years
- Checkpointing will be implemented to provide additional blockchain security
The chart below illustrates the effect the above changes will have on the inflation curve of MaxCoin. It shows our current inflation curve in red, the original MaxCoin curve in green, and the new curve in purple. The blue line represents the inflation curve of bitcoin for the purposes of comparison.  The modifications being implemented by the Dev team will not affect the total amount of MaxCoin to be issued. That will remain unchanged at 100,000,000. Instead, the inflation curve will be stretched out further to the right such that the mining of coins is spread out over a longer period of time. This will ensure that the network will be sustainable by block reward payments over the next three decades. This new PoW inflation scheme has lower levels of coin inflation in the early years and more closely approximates the bitcoin inflation curve. It will result in coins being created over a period of 28 years instead of just 7. This is much more in line with the the coin generation period specified by the bitcoin protocol. Notice to Mining Pools and ExchangesThe changes above will require a hard fork of the chain, and as such necessitate that all mining pools and altcoin exchanges update their clients prior to block 600,000 to prevent disruption to the MaxCoin network. We will contact all of the major exchanges and mining pools directly to ensure they are aware of the upcoming changes to the protocol, giving adequate time to update their wallets in advance of the fork. Notice to Holders of MaxCoinTo prevent loss of your coins DO NOT send any transactions using the old MaxCoin wallet software after block 600,000 on Friday 5th September 2014. You must update your MaxCoin wallet by downloading the new version from either github or maxcoin.co.uk prior to sending coins from your wallet, or they may be lost. If you are keeping your coins on an exchange (while not advisable) you will not have any problems as long as you eventually withdraw the coins to the updated wallet software. Future UpdateIn addition to this update, the Dev team is currently developing and testing a new hybrid mining scheme that will potentially replace the existing pure PoW coin distribution method. A new scheme will however continue to adhere to the inflation scheme that has been laid out above. The timing of the release of the new coin distribution method is still being determined but it will take a few months for all development work and testing to be complete. So stay tuned to news.maxcoin.co.uk and @maxcoinproject for more information in the near future! Bump because majority of network is still on 0.9.1 and even older wallet versions - upgrade on time and help network switch to new version with as little troubles as possible. Wallet version 0.9.2 is available at http://maxcoin.co.uk |
|
|
|
|
Is there any mining profitability calculator for MED?
|
|
|
|
Dogs worth of 500 BTC were burnt.....where is everybody?  ?? volume is less than 0.1 !!! It makes not much sense to trade coin which can still be made - almost any amount - as easily as burning some DOGE. Just wait, trade gonna start once burn period is over. |
|
|
|
I have downloaded TEK wallet from OP and have made a Tekcoin.config file with info from OP as well. I have a saved copy of my wallet.dat file and deleted tek file in %app. Started new wallet and my balance states 0 coins. Should I do repairwallet or salvagewallet?
If you deleted everything from TEK directory except wallet.dat then how could wallet know if you have any coins? State of the wallet (number of coins) depends on state of the blockchain and because you do not have blockchain data yet your balance will be zero. You have to wait until blockchain is fully synced before doing any wallet actions like repair, rescan or salvage. Put differently, state of wallet does not rely on some extra file, registry entry or whatever else where it is said "You have X coins" because that would be trusting non-blockchain data source for state of wallet. Someone could easily trick you by changing that non-blockchain data source but they can not do that with blockchain - if they mess with it TEK wallet would notice and complain about blockchain corruption then demand redownload (reindex) of blockchain. It is a security feature. That wallet works absolutely great, it can sync to correct nodes - and kick wrong ones - even without addnode or connect or peers.dat file - totally recommended! You don't have to delete any nodes (or any other line) you have in tekcoin.conf file, just (temporaly) comment them out with # and restart your wallet afterwards. #addnode=75.90.67.140 #addnode=68.229.91.209 #addnode=108.59.185.202 #addnode=98.236.102.116 I deposited 228.1 TEK in my wallet on June 30th and haven't touched it since. I just installed the new wallet (v2.0.1.0) and it only took a few minutes to sync. A few minutes later I got my stake! My pathetic, measly stake. It was 80.8 TEK. That is 35% after 60 days. Less than a third of the advertised return. 40% compounded twice would be 96% or nearly 219 TEK. What is up? Should I be waiting for another stake? The second 30 days worth? I realise it won't always be exactly 40% but this is crazy low. My plan was to go spend my tax return on TEK tomorrow morning but now I don't know. I paid 78k for my TEK and now the stake has dropped to 15%. It's killing me and my wife will to.
Thanks.
As far I know U can't expect 80% interest in this case. Cause once your matured coins pass stacking process they resets weights,so they need another 30 days Min age 30 days. Max age 90 days. That means that you need at least 30 days to stake and if you don't stake after 30 days (because there is too much competition/you weight is not big enough) you still gain more weight for 60 extra days. If after these extra days (and thus you tripled you weight), you still don't stake, you don't get more weight (and probably you won't stake this block ever, but one might get lucky and get a window of opportunity with low competition). In any case, not 80%. Never  Are you sure maxage is 90 days? If it is and you wait 90 days then stake when PoS difficulty is lowest (around 0.0003609) you will get around 120% as reward. But if I can recall correctly, there is no maxage with TEK. |
|
|
|
Let those who have profited pay the price to rebuild the coin and not the fools who have bought higher and held their coins as instructed.
Problem I see here and with many other coins is that those who bought and still hold most of coins do not want to sell them at lower price. It seems that they are waiting for Poloniex announcement about removal of XBC because of low trade volume to sell - or move coins to MintPal where XBC gonna end up removed as well, only later. So a morons are not capable of generating trade volume, they are not staking coins, they are not even running empty local wallet to help the network, they are not ready to sell now - they will instead just wait and sell later for less money (asuming there will be buy orders left to fill) or move coins elsewhere (asuming they will be able to do it, not guaranteed since working network is required). XBC should not become successful ever because you "I will HODL no matter what!" morons do not deserve to make any (additional) profit from it. |
|
|
|
Jel neko trejda na Cryptsy-u ikako... pitam jer imam neku siću tamo i dobivam dnevno nekakvu naknadu za tu siću, još veću siću, pa me zanima jesu li to nekakve kamate ili koji k?
Neke kamate su uveli,što veći balance imaš tamo to više dobiš,ali kako si rekao dobijaš samo neku siću.  Ta kamata ovisi koliko skupi cryptsy taj dan trading fee-a. Evo vam link pa si malo pročitate o tome http://blog.cryptsy.com/post/94775274327/updates-to-cryptsy-points-program-and-new-balance. Samo se zapitaj zasto bi tebi netko placao ako drzis novac kod njega, nema smisla ukoliko taj netko ne koristi te novce - za sta ih tocno koriste ne znam ali sigurno je los deal. |
|
|
|
Price just imploded.
Anybody know why or is it just the usual too much inflation, not enough demand and miners dumping their loot?
It's sad to see some of these good older coins get killed like this. I guess this is a good time to buy if one has the money to buy Bitcoin.
Cheers!
It seems that PXC mining is too profitable for some miners to resist an urge to dump and take profits now. Also, CPU coins are always in trouble because of BOTNET operators. Merged-mining with FTC would help with price stability. |
|
|
|
and if you are in sync, please remove listen=0 and restart client so people can sync with you, should help this go faster.
Switching to addnode instead of connect is also recommended, in general wallet needs just 2 valid nodes to be connected to run properly. All other nodes (outdated ones) will connect to your wallet or your wallet will connect to them but they will end up banned because of submitting wrong data. |
|
|
|
I need more nodes, I have been going through my error log and this is what I am seeing;
70.181.40.178 responds with version 60006 so remove this as it is BAD
89.201.186.50 Only times out for me
208.80.166.24 Only times out for me
88.152.187.204 Only times out for me
23.249.161.254 Only refuses my connection
212.21.68.60 Only refuses my connection
67.212.70.84 Only refuses my connection
64.188.164.77 accepts my version request but does not respond at all
More Nodes please
75.90.67.140 188.168.134.55 159.205.243.208 94.220.6.66 69.181.230.66 108.61.10.90 PoW difficulty is close to 500k - someone went nuts  but also nuts are people who are still staking, you have pumped PoS difficulty to 0.003 and later you will complain on low staking reward, ehh ... |
|
|
|
network hashrate 2077Gh/s
max.1gh.com 425G
miningpoolhub 365G
dwarfpool 235G
i can't find the other 1052G, that is 51%, where is it ?
Someone with really huge hashrate - on many occassions over 100% of all other miners combined - is solo mining for a while when difficulty is low thus getting 200% or more MAX than normaly. He then dumps them at exchanges and realises 200% or higher profits over other MAX miners. He is doing it for a very long time but no one really noticed - or at least those pumping MAX price without adding any hashrate noticed which means they are not just buying overpriced coins but insuring continuation of deeds as explained above. It is quite a problem when you have investors who are unaware even of cryptocoin basics. They will buy some coin and then when price drops - because math, supply and demand and plain old logic and sanity say it must drop - they will be all around bitching how coin sucks and whatnot. With PoW coins solution is quite simple = add a shitload of hashrate and do not remove it, ever. Keep mined coins and wait until price goes up massively, like it all happened with Bitcoin, Litecoin and many other coins. If you can not afford to go slightly negative now to later realise profits which will count in millions you better stay out of the whole deal. Just to quote myself from previous page and point out the obvious - you people are not listening! You have started pumping MAX but failed to add hashrate in proportion to pump so now price is dropping and will drop even more. Profitability of MAX mining is too high http://cointweak.com/calculator/index/scrypt so of course miners gonna keep on dumping. Have you not learned by now that most miners are dumpers, not keepers? |
|
|
|
I nominate rabbiter for foundation board.
I also nominate Kim Kardashian for Virgin of the Year.
And Bter for safest place to park your NXT.
Signed! |
|
|
|
I have .config and it worked as expected. Wonder if the windows version can see both?
I think .config does not work but you can check it easily - just add maxconnections=4 to file and restart wallet, if later you have no more than 4 connections that means .config works else it does not work. For other .conf and command line options check https://en.bitcoin.it/wiki/Running_Bitcoin there are plenty of them but not all of them work when added to .conf file (some are command line only, like -datadir and -rescan and -reindex) and some won't work at all because they were just recently added to Bitcoin and are not yet added to TEK wallets. |
|
|
|
11:43:00

getmininginfo
11:43:00

{
"blocks" : 508747,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"PoW difficulty" : 167585.84269629,
"PoS difficulty" : 0.00232112,
"stakeinterest" : 2017694,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 19189754640830,
"pooledtx" : 0,
"testnet" : false
}
Looks like as long as the difficulty is around 0.0023, then the stake % given is going to be at the current 201% annual rate (see stakeinterest above). My "getmininginfo" doesn't show "PoS difficulty" or "stakeinterest". "stakeinterest" would be a very useful number. Did you do anything special to have it show up? Yes I added it into the code. "networkhashps" : 19189754640830 is no longer useful as it is (too many characters and no separators) so can you change it to megahashps or at least add separators? |
|
|
|
|
getdifficulty shows both PoW and PoS difficulties but note that values shown are for last generated and accepted block, not current one (next block that will be generated).
|
|
|
|
Is that money now gone for me now or not ? 28.08.2014 12:18 PoS Mined (n/a) [327.108042] Status: 0/unconfirmed
Date: 28.08.2014 12:18
Debit: 0.00 TEK
Net amount: -590.00 TEK
Transaction ID: f9375444d73be0c29c3235945e471f0c9bf015d936635b50abc14b84c50782fc
Generated coins must mature 30 blocks before they can be spent. When you generated this block, it was broadcast to the network to be added to the block chain. If it fails to get into the chain, its state will change to "not accepted" and it won't be spendable. This may occasionally happen if another node generates a block within a few seconds of yours. You mean block ended up orphaned? If so, stake used to generate it is back where it was before (stakepool) ready to be staked. For everyone's knowledge:
.conf is for MAC
.config is for PC
It is .conf in all cases, as far as I know. |
|
|
|
I have coins stuck in unconfirmed and i did repairwallet they are still there
How do i fix it?
Start wallet with -rescan option. |
|
|
|
6. Prepare to get a much lower interest rate than before, since NVCS finally kicked in. This means the poor sod like me who expected this interest rate to continu for some time are out of luck.
No one is forcing you to stake coins right now, just keep wallet locked until "climate" for stake reward is better. "Works for me, wallet reports v2.0.1 but I'm connected just to nodes which report v2.0.0 so a bit confused about versions - what are differences between v2.0.0 and v2.0.1 Huh"
2 is the new wallet old gui, 2.1 is the new wallet new gui both are good
I like new GUI more. Where is unlock wallet buton on new gui? Bottom left corner. |
|
|
|
6. Prepare to get a much lower interest rate than before, since NVCS finally kicked in. This means the poor sod like me who expected this interest rate to continu for some time are out of luck.
No one is forcing you to stake coins right now, just keep wallet locked until "climate" for stake reward is better. "Works for me, wallet reports v2.0.1 but I'm connected just to nodes which report v2.0.0 so a bit confused about versions - what are differences between v2.0.0 and v2.0.1 Huh"
2 is the new wallet old gui, 2.1 is the new wallet new gui both are good
I like new GUI more. |
|
|
|
I downloaded the latest windows wallet with fix from put this in tekcoin.conf: connect=74.196.63.95 connect=75.90.67.140 connect=68.229.91.209 connect=108.59.185.202 connect=98.236.102.116 connect=75.91.15.240 connect=94.156.230.246 connect=64.188.164.77 and in minutes I am in sync and staking Works for me, wallet reports v2.0.1 but I'm connected just to nodes which report v2.0.0 so a bit confused about versions - what are differences between v2.0.0 and v2.0.1 Net hashrate reported by wallet is wrong, is shows just 0.151 MH/s for PoW difficulty at around 155k and also network stake weight value is missing (wallet is locked, do I have to unlock it for value to show up?). Another thing about PoS difficulty. The first five TEK PoS blocks ever (49700, 49853, 49925, 50178, and 50430) all had higher difficulty (0.003+) than we have now at around 0.002.
Between blocks 506601 and 506602 the difficulty switched from .003906 to .000061 which seems right since there would have been a whole month between PoS blocks and the difficulty adjusted and has slowly been increasing since. Does PoS reward adjust based on difficulty or network weight. If it's difficulty, it should still be 40+% since it is still lower than it ever was on the pre-506500 blocks.
I think PoS reward is based on total network weight - the more TEK are mature, the lower is reward. Difficulty is there just to attempt to keep block generation rate at 1 minute on average. |
|
|
|
|
Show Posts
