note : to prevent user spamming low share, we implement share penalty of -0.001 on each submission for miners who submit nonce that has higher deadline than their (current round) own best deadline, as spamming low share is no use since pool will always pick one best deadline for every submitted nonce per round. ^from http://burst-pool.cryptoport.io/howitwork.htmlUm just to let you know when using http://burst-pool.cryptoport.io/ you will be penalized for using this client as it spams lots of high deadline submits which I have noticed from looking at my score decrease on the site pretty quickly Miner looks great and stats and feedback is really cool but this needs to be fixed, also if you could make a window in the gui that contains the logs that runs through the command line that would be stellar Also if you put a donation address in your sig and make mentioned fixes and changes I am sure plenty of happy miners would be willing to contribute |
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Could someone please send me a few burst to my sig so I can get started mining please
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I think someone needs to get some new windows binaries up given that the stake reward has changed and the PoB targetting has changed so allowing clients that are not up to date just screw people over who dont have the proper tools to compile.
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Can someone send some SLM to my address below I am interested in how the proof of burn functions in practice and am considering investing in some if it works properly.
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Could someone send some HYP to my sig address
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Someone should make a dicebot for this coin that can take in btc and pay out KTK and also takes KTK as payment
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Can someone donate 3000 to me I have been supporting the network mining only for tx fees for the past day and a half and I plan to keep doing so to support the coin.
KAMyYQ6iS1sxBB3resLSZqZXQS2veRNemn
you mined the coin when dev said to stop? It's okay, actually helped while I was offline yesterday! theprofileth, don't need any longer now that POS has started. Oh ok sorry I didn't get the message, could I still get a small donation  |
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Can someone donate 3000 to me I have been supporting the network mining only for tx fees for the past day and a half and I plan to keep doing so to support the coin.
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Can someone send me a some coins, not a ton just a little I want to get involved  |
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USC needs to relaunch with more innovation than just merged minability as that is no longer important to anyone really
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Someone please compile this for windows
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Fork is now in effect  |
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Why not just do this, have all tx fees go to the dev with a min fee of 0.1 coins per transaction that way he benefits if people are using his coin. Also I strongly recommend setting total coins to 100 million and giving away 1 million each because I doubt you will ever get more than 100 people participating plus if you are able to spread out the coins equally at the start with you only holding 8 million which is 8 times the coins of the average person it would be a lot more attractive than you holding 1600 times more coins than regular people, just words of advice. Also you might want to consider setting a nice interest rate with a low min stake limit in order to get blocks going quickly.
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Interested ,pm sent also is the 100 billion a typo? As you are only giving out 5 million per person you would need like 18,000 people to give out all the distro. Why not try 100 million and 1 million per person because you holding 8 billion means that you have 1,600 people's worth of coins |
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Some very interesting points there. How about this: Datacoin becomes encrypted. People want to host files publicly though so they post the file keys online. Soon everyone decides to use a standard key or password for public files to reduce time spent googling, this becomes `The Public Key`. Now datacoin may as well not be encrypted since we can all access the public (and potentially illegal) stuff. What now? If you are trying to use datacoin to distribute files online then riddle me this, how is anyone supposed to download your file without downloading the entire blockchain? I sold all my datacoin at $1 because I knew that this coin had no future and zero chance to reach its potential, I stand by my decision and I hope those of you have read my critiques and decided to steer clear of this floundering attempt at uninspiring "innovation" masked through marketing and branding. |
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Listen earlz all I am saying is that this coin has no community, no hype, no draw and no "innovation" other than a lower mem requirement all I am saying is that PoS would insure longevity and make this seem more legit rather than a simple clone with an algo change, PoS harnesses the ability to run a wallet as an effective way to generate blocks fairly and far more democratically than through PoW plus it is extremely hard to exploit unlike PoW. I know you think you know what you are doing by saying it is important to 'carefully consider the condition of the network' but that doesn't make any sense when PoS helps to make sure the network keeps working even if nobody is mining.
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I suggest that you add proof of stake to help secure the network and provide an incentive for people who don't dump their coins plus it helps to effectively lower inflation as the number of blocks generated will be increased but the total number of coins before each halving is decreased.
Also I suggest burning transaction fees and making tx fees be a min of 1 coin if you do all of this then you will have a relatively good shot at a reasonable coin.
Yea this was in my mind at the time of launch. However, I wanted to see the reactions to the coin and such and didn't want to delay it's launch any further than I had. If PoS was implemented, it would probably be after block 800,000 or 1,000,000, so it would be fairly far future anyway. My reasoning is so that anyone can join in with a GPU and get some Megcoin. I don't want to force people to go to exchanges to get some of the coin. However, when the payout streak is over for mining, PoS sounds like a good plan to keep the network secure. I don't think you understand what "secure the network" means, remember that if gpu miner comes out it will give a HUGE advantage to people with gpu's over cpu's so much so that it could be VERY easy for some large miner to fork your entire network let alone do double spend attacks. You are vastly underestimating how much hardware is in the hands of a few people, remember Auroracoin yeah that got forked, Dogecoin got forked your coin will be even MORE at risk due to its easy of implementation if anyone wants to fork it since you have no measures in place to counteract this kind of attack. Proof of stake is one of the few ways to due this effectively due to every person's power to produce a block which hinders if not completely removes the chance of many hash rate attacks. I mean just consider what could happen if a gpu miner gets created and used privately the advantage they would have would be immense and combined with even a small gpu farm your coin's fate would be in their hands. There would be little point in doing a 51% attack at this point, especially with no exchanges being listed yet. This is why the bounty for a GPU miner to be released is so high. As soon as a GPU miner is released, sure it will overpower all the CPUs currently mining, but they will be replaced by honest miners using GPUs. Leaving the algorithm to target only CPUs also makes it susceptible to botnets, so a GPU miner is actually higher priority than getting onto an exchange at this point. But either would be nice. Right now the coin is young and as such there is very little risk. Getting a GPU miner will be a huge step of maturity, not make us susceptible to 51% attacks. PoS mining will NOT happen for quite some time, if ever. It would require careful consideration as to the conditions of the network in say 6 months or so. This is why I'm currently sticking with just PoW. When to implement PoS is highly variable on network health in the relatively far future. The reason I'm so reluctant to do anything with PoS in this early stage is because it causes hoarding and makes distribution of wealth to new comers more difficult I never suggested you leave the algo for cpu only I just suggested you make sure your coin doesn't get raped by gpu botnets by having a backup plan IE PoS which really is important for not only providing a long term investment but also for securing the network. How does PoS make hoarding any more of a problem? How does 2 or 3% per year encourage hoarding anymore so than what is happening currently? PoS isn't some mysterious force that only works on mature coins it works period. That is why PoS is superior, it speeds up confirmation times, raises security and reduces inflation. Hoarding is a natural part of ultra high inflation coins like the one you are currently running PoS just means that you can be sure that you aren't going to lose everything to a coordinated attack. Just think back to a while ago when many coins had "new algos" with no actual substance, very few of them survived or even got onto an exchange but if you look at the new wave of coins that are uber fast mining then pure PoS nearly all of them get onto an exchange and even the ones that simply have some form of PoS get onto an exchange and actually get attention because everyone has already learned that mining via pure pow is inherently flawed. Furthermore PoS gives investors some returns on their investment and potentially raises the value of the coin. Either way I hope this gets onto an exchange but 720,000,000 coins per day is kind of a lot of inflation just fyi. |
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I suggest that you add proof of stake to help secure the network and provide an incentive for people who don't dump their coins plus it helps to effectively lower inflation as the number of blocks generated will be increased but the total number of coins before each halving is decreased.
Also I suggest burning transaction fees and making tx fees be a min of 1 coin if you do all of this then you will have a relatively good shot at a reasonable coin.
Yea this was in my mind at the time of launch. However, I wanted to see the reactions to the coin and such and didn't want to delay it's launch any further than I had. If PoS was implemented, it would probably be after block 800,000 or 1,000,000, so it would be fairly far future anyway. My reasoning is so that anyone can join in with a GPU and get some Megcoin. I don't want to force people to go to exchanges to get some of the coin. However, when the payout streak is over for mining, PoS sounds like a good plan to keep the network secure. I don't think you understand what "secure the network" means, remember that if gpu miner comes out it will give a HUGE advantage to people with gpu's over cpu's so much so that it could be VERY easy for some large miner to fork your entire network let alone do double spend attacks. You are vastly underestimating how much hardware is in the hands of a few people, remember Auroracoin yeah that got forked, Dogecoin got forked your coin will be even MORE at risk due to its easy of implementation if anyone wants to fork it since you have no measures in place to counteract this kind of attack. Proof of stake is one of the few ways to due this effectively due to every person's power to produce a block which hinders if not completely removes the chance of many hash rate attacks. I mean just consider what could happen if a gpu miner gets created and used privately the advantage they would have would be immense and combined with even a small gpu farm your coin's fate would be in their hands. |
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I suggest that you add proof of stake to help secure the network and provide an incentive for people who don't dump their coins plus it helps to effectively lower inflation as the number of blocks generated will be increased but the total number of coins before each halving is decreased.
Also I suggest burning transaction fees and making tx fees be a min of 1 coin if you do all of this then you will have a relatively good shot at a reasonable coin.
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Can we get a bounty on a new logo that isn't crap I will put up 200k for that to start
There is one already being worked on. We'll also be moving away from the pink hat design for legal reasons, but don't worry, it'll still be a fun and noteworthy design Can it please just look nice... don't make it fun make it professional nobody wants another crap coin for the lulz |
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