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4361  Alternate cryptocurrencies / Altcoin Discussion / Re: Help making a new Altcoin (my plan explained inside) on: April 25, 2013, 02:55:05 AM
I have no idea. If not, compile one for whatever version of whatever distribution of whatever operating system you use and make it available. Me I could only make a Fedora Core 17 64-bit version available, is that the version and distribution and operating system you happen to use?

-MarkM-


No looking for a Windows version

Windows 3, 3,x, 4, 4.x, 5, 5.x, 95, XT, etc etc etc? Don't you still need to know the version?

Also, 32 bit or 64 bit?

-MarkM-
4362  Alternate cryptocurrencies / Altcoin Discussion / Re: Help making a new Altcoin (my plan explained inside) on: April 25, 2013, 02:52:16 AM
I have no idea. If not, compile one for whatever version of whatever distribution of whatever operating system you use and make it available. Me I could only make a Fedora Core 17 64-bit version available, is that the version and distribution and operating system you happen to use?

-MarkM-
4363  Alternate cryptocurrencies / Altcoin Discussion / Re: Help making a new Altcoin (my plan explained inside) on: April 25, 2013, 02:44:10 AM
It is based on litecoin source, the changes from one coin to another are pretty much trivial; and this one they can actually mine for themselves with just a CPU.

(Smallchange and mincoin and feathercoin are all already way too difficult, even BBQcoin is getting pretty difficult for a CPU miner, at least one who does not have several modern cores to throw at it.)

-MarkM-


markm, is there a QT client for Tenebrix?

Oh well if you want scrypt, get Tenebrix, https://github.com/Lolcust/Tenebrix-QT.git uses more-recent code than various other versions of it does, it is based on Litecoin code instead of on multicoin like some other versions of it were.

No merged mining, but that is normal for litecoin-type coins.

-MarkM-

4364  Alternate cryptocurrencies / Altcoin Discussion / Re: Help making a new Altcoin (my plan explained inside) on: April 25, 2013, 02:39:35 AM
It is based on litecoin source, the changes from one coin to another are pretty much trivial; and this one they can actually mine for themselves with just a CPU.

Smallchange and mincoin and feathercoin are all already way too difficult, even BBQcoin is getting pretty difficult for a CPU miner, at least one who does not have several modern cores to throw at it.

Tenebrix, on the other hand, is great for CPU mining, we did have one GPU miner throw a few GPUs at it a day or few ago but he quickly desisted when he realised he was screwing it up for the CPU miners. Basically you don't need to throw any GPUs at it, just point a core or two at it and over the months it adds uo nicely without driving the difficulty up too high.

-MarkM-
4365  Alternate cryptocurrencies / Altcoin Discussion / Re: Help making a new Altcoin (my plan explained inside) on: April 25, 2013, 02:19:24 AM
Oh well if you want scrypt, get Tenebrix, https://github.com/Lolcust/Tenebrix-QT.git uses more-recent code than various other versions of it does, it is based on Litecoin code instead of on multicoin like some other versions of it were.

No merged mining, but that is normal for litecoin-type coins.

-MarkM-
4366  Alternate cryptocurrencies / Altcoin Discussion / Re: Help making a new Altcoin (my plan explained inside) on: April 25, 2013, 01:43:56 AM
The point is, at least five coins already exist that you can mine yourself with a CPU thus have incentive without having to buy a rig, they already have grass roots userbase, all kinds of people armed only with CPUs owning oodles of them, exactly the kind of grass roots distribution that bitcoin enjoyed back before GPU mining came along, some have more than a year, maybe even more than two years, of people picking some up here and there, so they are exactly like bitcoin was back before GPU mining came along.

So not only is all your work already done for you, it already has had a year or two of grass roots distribution,

You save yourself a year or two of trying to sneak around "under the radar" avoiding getting jumped on by GPU miners and FPGA miners and ASIC miners because they already have managed to stay under the radar for a year or two.

Heck why only pick up on one of them, you can merged mine a few of them, you could pick three different types of goods / services / merchants to promote to, promote to each a coin to be their coin associated with their type of service or goods or merchandise or whatever, set them up mining it with CPUs to get started, while yourself mining all three at once using merged-mining with your CPU!

No less than five coins are here waiting already created for you, already with the kind of grass roots CPU-miner distribution already done for a year or two for you, just get out there and market them!

They aren't going away, they just have gained a lot by letting all the huge miners imagine they are dead so that CPU miners can continue the kind of grass-roots distribution that bitcoin itself enjoyed for its first few years.

This is probably BETTER than starting a new coin, since you are concerned about not being able to mine any yourself thus not having incentive to promote the coin. You can merged-mine GRouPcoins, CoiLedcoins and GeistGeld with your CPU, gathering as many coins as you wish before attracting all the big miners who would jump all over any brand new coin taking all the coins for themselves and driving the difficulty way up beyond where your CPU could reasonably mine it.

So basically you seem to just be trying like crazy to make up any pretend reason for "needing" a scam coin to pump and dump, since all your "reasons" actually make all these existing coins BETTER than making a new coin.

-MarkM-
4367  Alternate cryptocurrencies / Altcoin Discussion / Re: Help making a new Altcoin (my plan explained inside) on: April 25, 2013, 01:14:34 AM
You don't actually seem to be making sense from a marketer standpoint.

Pretty much the whole spiel of a marketer is they are the money-maker, they are where wealth comes from, goods and services are just a bunch of crap, grist for the mill, it is marketing that makes all that crap worth anything.

So just go out and sell people on any existing coin, it doesn't matter which, and roll your percentage / commission into the price you charge them for the coins. Sell them a startup kit, a bunch of coins to get them going, whatever. You're the marketer, you *create* the incentives! Sheesh!

Heck you can hold $5000 per seat seminars on how to get rich by accepting cryptocoins fergoshsakes!

How easy did you find it to get a proper MtGox account that can actually withdraw money? Relieve all your customers of all that hassle by being their local coin dealer! Its a massive hassle, they'll be greatful not to have to deal with it!

-MarkM-

EDIT: Also, there are SEVERAL chains you can EASILY mine VERY NICELY with just CPUs, so your lack of a super-rig is no excuse, even just one old time one-core CPU can rake in coins right now. Try GeistGeld, for example, or GRouPcoin, or CoiLedCoin or even I0coin... Or if you prefer scrypt based coins, mine Tenebrix.
4368  Alternate cryptocurrencies / Altcoin Discussion / Re: Devcoin on: April 25, 2013, 12:44:28 AM
It has to have incoming port open so people who cannot program their routers to allow incoming ports can reach out to connect to it.

One gig of RAM should work for now I think, maybe. So far it is mostly I0coin and GeistGeld that like to eat up four gigs each.

Hmm maybe its not enough though, "ps ux" shows VSZ 1010568 and RSS 225228  for devcoind right now. I think that is virtual size and resident size. Oops misread that, its only one meg not one gig VSZ! Yeah should fit for now. IF that is measured in bytes. If it is measured in kilobytes then it IS over a gig for VSZ. Hmm need to check "ps" man page I guess... Hmm it is 1.3% of the 16 gis of RAM so yeah I guess it must be bytes. So hey, devcoind is tiny currently, should work even in a half gig virtual machine, though I have heard a full bitcoind no longer works in a quarter gig virtual machine.

-MarkM-
4369  Alternate cryptocurrencies / Altcoin Discussion / Re: Devcoin on: April 25, 2013, 12:30:16 AM
I have a 24/7 node running at 198.154.60.183 with incoming port open. I am in fact running merged mining there, it has my p2pool and all the merge-able chains all running.

We distributed the old receiver files with the program, that is why we never did get around to going back and correcting the old files where they make mention of a site that long ago went offline - an administrator who faded away or quit or something.

We discussed going back over all the files replacing mention of that no longer existing site with some other site, but figured since packaging all current receiver files with the client makes it never need to go get those old files it wasn't necessary, plus as we only had three admins we'd just have to do it all again if one quit again.

Now we have five (or more) admins maybe we should go back and remove references to the dead site.

It certainly sounds from this talk of bootstrapping that you are talking about depending on github if there are no receiver files present at all thus it has to guess where it might find some?

GitHub has indeed started being unreliable, we should replace it with some server that does not do that "too busy" stuff all the time.

I have two dedicated servers now, I only run devcoind on one of them because both are on the same class C (sub)net so people would not connect to both even if both were listed as seed nodes. These are over and above the purely web-hosting site where I currently host my copies of the receiver files. (They are also at the same provider so not maybe very indepdendently down or up, if one is down maybe both will be, depending why/how it gets to be down.) I do not even run webservers on them yet but I on at least one of them if it were necessary. So far I have not because I already have a purely-webhost hosting I use for web stuff.

We should also find out how DNS seeds work and set some up. We have various devcoin and devtome domains plus I have knotwork.com domain.

-MarkM-
4370  Alternate cryptocurrencies / Altcoin Discussion / Re: Watch out for the Buggy IXCOIN client. on: April 24, 2013, 09:02:36 PM
Why the bump? Is Ixxoin still doing this? The fix didn't happen afterall or something?

-MarkM-
4371  Alternate cryptocurrencies / Altcoin Discussion / Re: New users, avoid using https://btc-e.com/ on: April 24, 2013, 08:19:34 PM
Vircurex trades Litecoins.

-MarkM-
4372  Alternate cryptocurrencies / Altcoin Discussion / Re: Wanted - Programmer for 2 new alt-coins (BOUNTY - 4oz of silver OR BTC) on: April 24, 2013, 02:58:18 PM
All this crap is why I am still intending to do the Massively Merged Mining project.

Basically we should be able to afford to pay miners more than any other pool can afford to pay them, if we simply merged mine every coin that we can.

Once we have truly massive hashing power in the Massively Merged Mining project we can add more coins easily, so at that point we should be able to very easily just add your proposed coins into the merge and our miners need not even know or care since they will already be making more mining at a MMM pool than at any other pool.

So lets get that massive hashing power marshalled...

-MarkM-
4373  Alternate cryptocurrencies / Altcoin Discussion / Re: Wanted - Programmer for 2 new alt-coins (BOUNTY - 4oz of silver OR BTC) on: April 24, 2013, 02:54:19 PM
In other words, right up to the point where miners refuse to mine the coin.

-MarkM-
4374  Alternate cryptocurrencies / Altcoin Discussion / Re: Wanted - Programmer for 2 new alt-coins (BOUNTY - 4oz of silver OR BTC) on: April 24, 2013, 02:50:15 PM
Well we can figure a ballpark for the transaction fees: at least $54,000 per day...

Just to start. But if they get to modify them, we can expect them to rise sharply from there...

-MarkM-
4375  Alternate cryptocurrencies / Altcoin Discussion / Re: Wanted - Programmer for 2 new alt-coins (BOUNTY - 4oz of silver OR BTC) on: April 24, 2013, 02:36:37 PM
You evidently have not closely followed the history of merged mining.

Shop around the major pools, find out how much it will cost you to obtain enough hashing power to reasonably secure a chain.

Oh and by the way in which jurisdictions are you licensed to operate a currency backed by precious metals, since you consider jurisdiction so important?

The main reason that GRouPcoin has managed to operate so long un-molested is that it is not considered valuable. Raise its value even up to namecoin or litecoin levels and it is very likely to be attacked rather than added to the average miner's panoply of merged mined coins.

Even when GRouPcoin does get hashing power comparable to at least that enjoyed by Namecoin, if its value were to grow much beyond namecoin's it still might find that actually part of why namecoin is so cheap is because it is so insecure (so low in hashing power)...

-MarkM-
4376  Alternate cryptocurrencies / Altcoin Discussion / Re: Wanted - Programmer for 2 new alt-coins (BOUNTY - 4oz of silver OR BTC) on: April 24, 2013, 02:29:25 PM
Well once you have gotten all your appropriate licenses in place to operate a virtual currency backed by precious metals we can look again at how best to implement such a currency. Until then it is all kind of fictional / hypothetical isn't it?

-MarkM-
4377  Alternate cryptocurrencies / Altcoin Discussion / Re: Wanted - Programmer for 2 new alt-coins (BOUNTY - 4oz of silver OR BTC) on: April 24, 2013, 02:22:18 PM
Now you are touching upon matters of jurisdiction, and some jurisdictions on the planet known as Earth might not recognise money transmitter licenses issued by Martians of the planet known as M5 and maybe vice-versa. So you are getting into the whole concept of sovereignty, and whose sovereignty is "fictional" versus whose sovereignty is "non-fictional" according to whom, and who recognises who as fictional or as non-fictional.

Let us bear in mind that  the planet known as Earth is widely considered to be mythical or fictional, so although Earthlings (if they existed) could scoff at Martians as being fictional, Martians are equally well able to claim that Earthlings are fictional.

For some corps, it might seem more practical to base their operations on  the planet known as M5, where they are able to operate without being interfered with by the mythical "Earthlings", instead of basing themselves on a mythical/fictional planet such as  the planet known as Earth.

-MarkM-
4378  Alternate cryptocurrencies / Altcoin Discussion / Re: Wanted - Programmer for 2 new alt-coins (BOUNTY - 4oz of silver OR BTC) on: April 24, 2013, 02:06:12 PM
United Kingdom Britcoins (UKB) were originally intended to be worth one British Pound (GBP) each, and Canadian DIgital Notes (CDN) were originally intended to be worth one Canadian Dollar (CAD) each.

What happened though was they found that trying to keep the value that low was simply making the Martians richer, as the Martians eagerly bought up any CDN or UKB being sold that cheap. A whole lot of the richness of the Martians comes from the foolish attempts of the Canucks and the Brits to keep their own coins down in price so as to try to stay at par with the corresponding fiat they had originally hoped to be able to stay at par with. They would sell off a bunch of their coins whenever the price rose above the corresponding fiat, and the Martians would buy them, until the Martians ended up owning more of their coins than they did!

So in the end they gave up trying to make a limited edition coin (21 million only in existence) stay at par with freely printable fiat,

By that time they were among the lowest valued, per coin, of the lot. GMC, GRF, MBC, by not trying to artificially keep their value low, easily outstripped them in value.

-MarkM-
4379  Alternate cryptocurrencies / Altcoin Discussion / Re: *Coin Complaint List on: April 24, 2013, 01:56:57 PM
Hmm sounds like that could turn out to be bread-and-circus coin.

(The masses voting themselves more and more goodies...)

-MarkM-
4380  Alternate cryptocurrencies / Altcoin Discussion / Re: Wanted - Programmer for 2 new alt-coins (BOUNTY - 4oz of silver OR BTC) on: April 24, 2013, 01:24:14 PM
I am not talking about I0coins, I am talking about coins worth hundreds or thousands of dollars per coin.

You evidently did not actually go look up at the link I gave to the price charts of various coins that were forced, by lack of miners, to not use blockchains until some future day when it does become feasible to provide enough hashing power to secure them.

Try for example looking at the "asset values expressed in terms of bitcoin" tables, and notice how many are worth far more than one bitcoin, and notice that those are the very ones that have been forced, by lack of hashing COMBINED WITH BEING TOO VALUABLE TO NOT BE SECURED, to not use blockchains anymore.

It is BECAUSE THEY ARE VALUABLE that they cannot afford, like the coins you refer to as "worthless", to NOT HAVE MINERS.

I am talking about hundreds or thousands of dollars per coin.

Long long ago almost all of them surpassed bitcoin in value, which was an immense surprise as I had always assumed bitcoin would always be worth more than any of them. Yet due to all the hacks and bad press and so on, bitcoin crashed for a couple of years allowing all those coins - even bitnickels, intended to be worth only 1/20 of a coin by virtue of having twenty times as many (total of 420 million) in existence - to rise above bitcoin in price.

Sure it is fine to have relatively-worthless coins merged mined, since they are relatively not worth attacking or double-spending.

But if you want coins worth an ounce of gold each, that is comparable to being worth a Martian BotCoin each, and THAT is enough value that MERGED MINING IS TOO INSECURE.

-MarkM-
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