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41  Alternate cryptocurrencies / Altcoin Discussion / Re: 27% of all Orbitcoins ever were instamined in First 6 minutes on: August 17, 2015, 12:16:53 AM
Just in case anyone is tempted by the recent Orbitcoin thread which is self-moderated, hence the reason for this separate thread, as otherwise this would probably be deleted....

1 million coins out of a total ever-to-be-mined of 3.7 million, in other words 27% of all coins ever to be produced, were instamined in the first 6 minutes of mining.  

Proof: http://atlas.phoenixcoin.org:1080/chain/Orbitcoin?count=100&hi=20

These originally ended up at the Orbitcoin "foundation" address" of odYLBLUg6xtR8jvKus3NyzhFERwKTtTCLi http://atlas.phoenixcoin.org:1080/address/odYLBLUg6xtR8jvKus3NyzhFERwKTtTCLi

Supposedly, according to https://www.facebook.com/orbitcoin/posts/201834529981371  
"1 million sit's in the foundation wallet from the start and can be seen here (odYLBLUg6xtR8jvKus3NyzhFERwKTtTCLi)"

"the foundation has a goal, to spread out the coins among new crypto users on scientific forums, and open source science projects, well also supporting the Orbitcoin exchange price for miners."

Between July 2013 and December 2013 the foundation address balance reduce from 1 million orbitcoin to just 51,275.45 orbitcoin.  It seems to have been dispersed to other addresses, thus making the "foundation address" redundant.  Where did it go I wonder, and why wasn't it kept in the foundation address for transparency?





See below for what has happens with funds. I don't see anything wrong with this. Pre-mine ORB was used to help sustain and promote.

https://cryptocointalk.com/topic/40243-orbitcoin-advancement-fund/

ghostlander, on 03 Aug 2015 - 3:43 PM, said:
I'm going to use this thread for accounting needs related to our Advancement Fund. It contains the remaining part of the original pre-mine after having the rest spent in 2013 on various bounties, promotion, infrastructure maintenance, etc. Miners have received probably the largest chunk of it in lucky transaction fees. There were 150K ORB left by the summer of 2014. They have been used for the following means:
 
 
7.6K ORB paid out to the miners of the forked v1.3.2 chain early in 2014 until v1.4 had been released with the PoW mining fixed (Orbitcoin v1.3.2 Coin Exchange);
 
600 ORB distributed among the people who mined the first 50 PoW blocks after the switch to NeoScrypt in December of 2014 (100 ORB to the 1st block finder and 10x payouts for the next 50 blocks);
 
5K ORB sent to David who had designed an excellent web site for Orbitcoin (3-Aug-2015).
 
 
136793.557749 ORB available for the future challenges
 
oRBBYYiaQ6Kw5fhf2b9YiT86HmynCBsoej
42  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: August 03, 2015, 12:49:21 AM
Hello,

Trying to understand more about the monero source code...
How many hashes does it take to make 1 monero and what determines the hash rate in monero source code?

Thanks in advance for your comments.

The difficulty is determined by next_difficulty located here in the source code: https://github.com/monero-project/bitmonero/blob/master/src/cryptonote_core/difficulty.cpp

The units of difficulty are hashes, which means at a difficulty of 600 million, you would need to search 600 million hashes on average to solve a block. (This is different from Bitcoin.) Each block has a variable reward but currently it is about 9.25 XMR, so 600 million hashes gets you about 9.25 XMR, or roughly 65 million hashes per XMR.

The actual network hash rate is unmeasurable but it can be approximated by taking the current difficulty and dividing by the target, with is 60 seconds. So at 600 million difficulty the total hash rate of the network would be about 10 million.

For reference GPUs generally hash at about 200-600 hash/sec and CPUs are about 50-60 hash/core/sec given sufficient cache.


Thank you very much for you reply and detailed answer. Would like to understand more about the differences in the cryptonote code and monero code.

When creating the monero genesis block was this achieved the same way as starting bit monero daemon on seed server with the same flags as cryptonote..for example bitmonerod --print-genesis-tx

Then pasting printed hex in configuration file?
src/cryptonote_config.h
Example:
const char GENESIS_COINBASE_TX_HEX[] "he string here";
43  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Hash Rate on: August 01, 2015, 11:51:57 PM
Thank you!
44  Alternate cryptocurrencies / Altcoin Discussion / Monero Hash Rate on: August 01, 2015, 10:21:54 PM
Hello,

Trying to understand more about the monero source code...
How many hashes does it take to make 1 monero and what determines the hash rate in monero source code?

Thanks in advance for your comments.
45  Alternate cryptocurrencies / Altcoin Discussion / CryptoNote | The Good, The Bad, & The Ugly on: July 27, 2015, 09:40:08 PM
Hello Everyone,

I am looking to get an interesting discussion going on what could be done better with new forks of the CryptoNote algorithm.

Below is a pic of all the forks that have come about from BCN. There are many, but I really don't want to focus the disucssion on just one coin.
I would like to get your thoughts on what makes each of these coins good and what does not.
What improvements could be made in these coins or if you could take all of the good out of each of these coins and make them into one, what would that be?
Anyway hope we can get a good discussion out of this as I am really interested in the CryptoNote community and future developments.

46  Alternate cryptocurrencies / Pools (Altcoins) / [ANN] DASH P2Pool - 0.2% node fee on: July 21, 2015, 01:01:17 PM
New Dash P2Pool pool with 0.2% node fee.

45.55.190.35:7903/static/
47  Economy / Micro Earnings / Re: [ANN] Digital Dice - Satoshi Faucet on: July 11, 2015, 03:44:28 PM
So there is only 1 possible reward (500satoshi) at the moment and reduce the referral commission to 50%?
I was enjoying the last rewards (1000/2000satoshi and 100% ref commission) I earn more than enough from referrals. Hope you boost it again in the near future  Grin

Hi,

Thanks for all the referrals! The referral commission has always been 50% and will remain. I will have to keep with the 500 satoshi for now as I can't always keep the balance high like it was during the boost periods. The boost periods had come from my own funds and not the adverts.  I do plan to do the boosts again though. Thank you again for visiting and referring.
48  Economy / Micro Earnings / Re: [ANN] Digital Dice - Satoshi Faucet on: July 11, 2015, 07:49:27 AM
Wanted to post the most current payout stats. Hope all who claimed enjoyed the free satoshi. Reward will be at 500 satoshi for a little while now.

Notice the 2 peaks in chart below. Those were the balance boosts and how long the boost period lasted. I hope to see a 3rd peak soon. Cheers Smiley

49  Economy / Micro Earnings / Re: [ANN] Digital Dice - 2K Satoshi Faucet on: July 09, 2015, 02:51:00 AM
Nice faucet Cool

Site added to Land of Trusted Faucets
It would be nice if you give me a link back Grin

For banner codes see Topic

Hi,
Thanks you. I will add your banner to faucet.

Can I get an add for my rotator as well? Smiley.

Added to site. Thanks for adding to your rotator. Smiley
50  Economy / Micro Earnings / Re: [ANN] Digital Dice - 2K Satoshi Faucet on: July 09, 2015, 02:27:35 AM
Quote
Possible rewards: 500 (50%), 1000 (50%) satoshi

You can notice us you lower the rewards Smiley

Hi,

Thanks for your post. I did post a notice not long ago about the reward decrease. See previous posts quote below. Thank you again for visiting faucet and I hope you are enjoying the free satoshi Smiley

Hello Everyone,

It has been two days since the 30million Satoshi Balance Boost was released as a way to say Thank You to all of the Digital Dice faucet visitors. For the past two days many satoshi lovers have visited faucet to make their many claims and for this I am happy.

Please be advise that once the satoshi balance drops to 5 million the satoshi balance boost period will end, along with a reduction in the hourly reward. 50% referral commission will stay the same.

I do plan to continue with the Satoshi Balance Boost - Thank You campaigns from time to time, so please continue to visit the faucet when you can. Please dont get mad  Angry  be glad Grin hopefully knowing that there was some fun and all facuets visitors were rewarded freely.

Thank you all again Smiley

Cheers,
FarFX
51  Economy / Micro Earnings / Re: [ANN] Digital Dice - 2K Satoshi Faucet on: July 08, 2015, 09:41:02 PM
Nice faucet Cool

Site added to Land of Trusted Faucets
It would be nice if you give me a link back Grin

For banner codes see Topic

Hi,
Thanks you. I will add your banner to faucet.
52  Economy / Micro Earnings / Re: [ANN] Digital Dice - 2K Satoshi Faucet on: July 08, 2015, 09:39:43 PM
Hello Everyone,

It has been two days since the 30million Satoshi Balance Boost was released as a way to say Thank You to all of the Digital Dice faucet visitors. For the past two days many satoshi lovers have visited faucet to make their many claims and for this I am happy.

Please be advise that once the satoshi balance drops to 5 million the satoshi balance boost period will end, along with a reduction in the hourly reward. 50% referral commission will stay the same.

I do plan to continue with the Satoshi Balance Boost - Thank You campaigns from time to time, so please continue to visit the faucet when you can. Please dont get mad  Angry  be glad Grin hopefully knowing that there was some fun and all facuets visitors were rewarded freely.

Thank you all again Smiley

Cheers,
FarFX

What are the rewards going to be changing to once the balance drops?

Hi,
Thanks for your intrest and your question about the reward. Smiley

500 [50%], 1000 [50%] - satoshi balance of 5 million reached

500 [100%] - satoshi balance of 2 million reached.
53  Economy / Micro Earnings / Re: [ANN] Digital Dice - Satoshi Faucet on: July 08, 2015, 08:47:08 PM
Hello Everyone,

It has been two days since the 30million Satoshi Balance Boost was released as a way to say Thank You to all of the Digital Dice faucet visitors. For the past two days many satoshi lovers have visited faucet to make their many claims and for this I am happy.

Please be advise that once the satoshi balance drops to 5 million the satoshi balance boost period will end, along with a reduction in the hourly reward. 50% referral commission will stay the same.

I do plan to continue with the Satoshi Balance Boost - Thank You campaigns from time to time, so please continue to visit the faucet when you can. Please dont get mad  Angry  be glad Grin hopefully knowing that there was some fun and all facuets visitors were rewarded freely.

Thank you all again Smiley

Cheers,
FarFX
54  Economy / Micro Earnings / Re: [ANN] Digital Dice - 2K Satoshi Faucet on: July 08, 2015, 08:20:50 PM
Quote
2000 satoshi was sent to you on FaucetBOX.com.

Thanks

Your welcome and Thank you for visting faucet! Please enjoy the free satoshi Smiley
55  Economy / Micro Earnings / Re: Best faucet of the day!!!!!!! on: July 07, 2015, 03:03:16 PM
I never visited this faucet, but it makes me wait 21 minutes Cheesy

Hi,
Can you advise if the wait is before claim of reward and what country your ip is from? In order to fight bots there are some restrictions in place for site visitors in specific countries that are know to heavily use bots.
56  Economy / Micro Earnings / Re: [ANN] Digital Dice - 2K Satoshi Faucet on: July 07, 2015, 07:24:10 AM
Rewards are good how long are you planning to keep it? Coz traffic will be good with such rewards.

Hi,
Thanks for the post and your question regarding the reward.

Currently adverts are not generating that much satoshi, so all that is received goes back into balance. The large satoshi balance that you see today is a thank you to all site visitors. Once the current satoshi balance reduces significantly I will then have to reduce the reward. Hopefully this news will not discurage you or any other visitors from visiting digitaldice.io in the future.

In light of what I have mentioned above I do plan on continuing to adding balance boosts from time to time as a continuous effort to say thanks!

Cheers! Smiley


57  Economy / Micro Earnings / Re: [ANN] Digital Dice - 2K Satoshi Faucet on: July 07, 2015, 07:12:06 AM
500 (42.8%) every hours Sad

satoshi reward is now 1000 (50%), 2000 (50%) every 60 minutes. Enjoy the free satoshi!

Awesome upgrade! You're one of the first faucets in my rotator, and will be getting a further boost shortly (I believe you'll be #1, but i have an algorithm that will automatically determine that once I update the values), Smiley.

Thanks for adding to your faucet and visiting site. Smiley
58  Economy / Micro Earnings / Re: [ANN] Digital Dice - 2K Satoshi Faucet on: July 07, 2015, 07:04:43 AM
Got the big one Smiley

thanks for 2k sat.. maybe using ads will be better than using pop ads  Lips sealed

Hi,
Thank you for the post and glad you got the 2K. The pop ads should be gone. I only have banner scripts in site code.
59  Economy / Micro Earnings / Re: [ANN] Digital Dice - 2K Satoshi Faucet on: July 07, 2015, 01:13:48 AM
500 (42.8%) every hours Sad

satoshi reward is now 1000 (50%), 2000 (50%) every 60 minutes. Enjoy the free satoshi!
60  Economy / Micro Earnings / Re: [ANN] Digital Dice - 2K Satoshi Faucet on: July 06, 2015, 07:14:24 AM

As promised I have sent 30million satoshi to Digital Dice Faucet. Confirmations should process within the next ~35 minutes.

Thank you again to all the faucet visitors and I hope you enjoy the free satoshi and pool by miniclip.

Cheers,
FarFX Smiley
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