Yeap the difficulty changed at 128640, we are at 128700+ now, and the network seems to be running right..

Well those surges are an attempt to shut us down before we get anywhere. The attacker probably prides themselves in shutting down alts that aren't well coded, but we know it wasn't well coded thats why we picked it up and put all the effort we have into it.

But I think, it's more about a sense of power, and feeling in control. we could do some doxxing and create a drama, but we have some big miners willing to help us out on the next attack, so it's better to keep pushing along..

Exactly,and I don't blame you or anybody else for quitting the network.. It's common sense, which obviously this miner doesn't have unless he's intentionally trying to destroy the coin. But you can't throw code together, and release it because if there is a bug and the cleint stops working properly, then the coin is dead. Lava is testing a new client on a testnet, and that takes time, because he has to generate the blocks and see the client switch at it's predetermined block,  so the only help we could do with right now is keeping nodes up. If you have a wallet, keep it running.

The plain fact is somebody out there with a lot of hash is mining the bulk of the coins driving the difficulty up, then abandoning the network leaving the miners to crunch through difficult blocks meaning they get few coins, and then as soon as miners crunch through enough blocks to lower the difficulty and get a reasonable amount of coins, they rejoin raising difficulty again.

Miners then get fed up with getting so few coins, and abandon the network. Getting them back can be difficult as they feel negatively about the coin.

So yes, Zack, I get what you are saying, but the fact is that the coin might not survive long enough to release a new client with a lowered difficulty, losing miners is bad but not deadly, losing nodes is. And restarting and getting a good hashrate is difficult, so getting included on exchanges is more difficult. The present real hashrate is 900K/h. The rest is me and the seasonal heat will soon prevent me from contributing at all.

If I sound a bit pissed off, I'm sorry, theres been months of work put into this and while I don't mind someone profiting from that work, watching it get destroyed by their greed is hard to bear.

Yeap... That would be the plan.. keep our nodes but lower our hashrate. cpu mine and point to another alt. If he's greedy but stupid, he might realise that we aren't chewing through his difficult blocks for him, and if the coin fails for lack of miners, he's wasted alot of electricity and hardware mining a useless alt. Might even decide to do the right thing and pull his hash off slowly.

If he's trying to kill the coin, he'll think he's succeeded and piss off... He's obviously checking the mining stats at least. And if he checks this thread, he might realise that we are sick of his shit and are about to do something about it.

Hmmmm.. Over halfway to the difficulty change.. 200 blocks to go,,,Do you think this is a large miner who's greed is making him stupid, or an attempt to kill the coin by discouraging miners ?.. I have a cunning plan if it's the later.... Could be used on the former too, to send a message..

Yeap, been watching it. I think we have a very big miner raiding the network for all the SXC they can get, which I suppose should be flattering. Apparently they are also hitting up a few other low hash alts they think have potential. Good luck to them when the new client comes out. I suggested to  lava that he  tweak the retarget time to 30 blocks, which I didn't want to do when he has so much on his plate and it would increase the time before the new client is released, but looking at this it was a good move.

Now I'm supposed to be getting some time off from being "the freaking SXC fairy", so I'll hang up my tutu, wand and tiara until the next zombie bonus... BTW, I don't think it's true that women love men in uniform, they treat me like some kind of weirdo.. what's up with that ?

Theres something that people who don't play with code should understand. No matter how much you alpha test, you can't simulate every real world condition.. Hence the beta testing in real world conditions.

PhenixEx and CoinEx are two exchanges currently in beta testing also. They have not been perfect and changes have been required. Crypsty also has had problems, some after it has been established for a while. It is difficult to name any exchange that has operated perfectly from it's introduction.

If you use an exchange or any other service running in beta you should accept that there will be tweaks and perhaps outages so the service can be perfected. That is what a beta is for and why it is made clear that the service is being tested.

There should also be a realisation that while bitcoin has had time for development, there is rapid development in alternatives, and often developers have real world commitments, such as jobs and families. The economy hasn't grown enough to generate the profits that would allow full time participation for many developers. Therefore even with members of development teams spread across several time zones, it can be impossible to maintain a 24 hour presence.

Developers in general do their best in responding to difficulties as promptly and efficiently as the situation allows. I believe they should be given some latitude, after all they are building the infrastructure that is bringing utility, and therefore worth, to the cryptocurrencies you hold.

Unwarranted criticism when they do not live up to unrealistic expections is not only a disservice to them, but a disservice to the cryptocommunity as a whole.

Could do with some votes for the SXC Slogan Contest Judging

https://bitcointalk.org/index.php?topic=281272.0

My vote : Kruncha : Sex sells - SexCoins buy...

It didn't make me laugh but its pretty good as a serious slogan..

Killiz       : Sexcoin: Cheap thrills, without the bills.
Lonesoul : first you get the SXC, then you get the power, then you get the women
Fiinalize  : Spend a sexcoin, get a big groin
Kesley    : SEXCOIN the first coin engineered for pump n hump not pump n dump

All pretty good or made me LMAO.. I think we should have some "runner up" prizes of 690 SXC..

We'll give it a little while to get some votes in...

No worries, you might as well wait for the new client release, and save yourself downloading twice..

Should we start voting now ? Has everybody had their fun ?..


{
"blocks" : 128242,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 0.47958990,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 50005816,
"pooledtx" : 0,
"testnet" : false
}
 Down from 55 M/h.. anybody know how high that spike hit ?

Ok guys, I'll be away for a few days... But the zombie bonus will live on..undead on.. do it's thing,... you know what I mean..

And we have a winner..

Can you change your screen name.. Thinking I should call myself :

"The freaking SXC fairy"..

Flitting about the forum, spreading the SXC vibe, far and wide..

Yes, I've finally lost all sense of reality...

If 1,000,000 SXC = 100$ , then to buy 10$ worth of cam-time costs 100,000 SXC..If  1 SXC = 100$ then 0.1 SXC.. the market determines the value.. Basic economics

We could reduce the reward down to 1 per block and change the total coins down  with a hardfork, to try and induce a boost in value, but the industry turns over around 14,000,000,000  dollars a year, not including lingerie, there needs to be enough coins circulating . I should really look into what their turnover is, but they can compete just fine with traditional payment systems.. anyhoo the point is nobody wants to pay 10$ for .1 of a token, but would buy 10,000 tokens for 10$ even if a basic purchase cost 2000..

I mined bitcoins when it was crazy to do so, and I didn't cash any out till they hit over 200$.. same with litecoins when the bitcoiners said that was crazy cos they were worthless and there were too many of them.
I wouldn't call myself rich, but I have no debt, own 3 vehicles, my house on 118 acres of land, and am retired with a little nestegg.. I do this for fun

And now I mine SXC, and I'm hearing the same thing.. Fact is that it takes time and effort to get real world adoption, bitcoin and litecoin didn't just go onto crypsty after a week and make everybody rich, just the ones with enough foresight to mine it at the start. 

When SXC hits the exchanges my plan is to hold, and I wouldn't argue if you said there would be a dump, driving the price down, but the other devs will hold too.. I might even buy some not as a pump, but as an investment.. Then the hard work begins because websites will need to be recruited and intergrated.. Though we got a few lining up already..

As there are more and more websites, then the price will rise on the exchanges as speculators invest drying up the supply..etc etc...

But look, I get where you are coming from, your concerns which are well thought out, and your desire to get rich quick with a new alt.. Good luck with that, but you'll have to assume big risks if you want big profits, and work like a dog to actually realise them. Nothing like a 5 year plan to keep you focused..

Not quite getting the "don't want to use an existing coin because they exist line". Sounds more like you want to be an early adopter so you can make some dollars. Nothing wrong with that, just a very narrow niche you've chosen...

Yeap, I see it pretty simply...

If I gave you a choice between a bag of potatoes, and a bag of gold bars you'd take the gold bars because they had more value..

Unless you were starving to death because you were in the middle of a natural disaster, or on a desert island etc... The gold bars would then be worth less and you'd take the potatoes to save your life.

The point is the value of anything is it's utilty.. and most coins have the same utility.. you could use FST, WDC or DGC with pretty much the same results.. If you weren't having problems with forking and a huge blockchain.. then they'd be worth less than another coin without those issues..

So basically anybody can build a client.. Building real world use, and therefore real world value, is the hard part.. 

I feel like the freaking sexcoin fairy,.. Taken from the crypsty thread..

Thanks for your support, SXC is presently rated 16th most popular coin out of about 123 in this poll, https://bitcointalk.org/index.php?topic=264016.msg2984683#msg2984683 so you aren't alone.

It's been around since the 28th of May and is stronger than a lot of coins already on exchanges. It's not shrinking as some coins who are listed on exchanges, but experiencing steady growth. It is being accepted by a couple of sites that aren't run of the mill like altcoin casinos, and has sites that have undertaken to use it as soon as it hits an exchange. It even out-lasted "porncoin" which competed directly with it... Why ?

I'll be the first to admit the client is nothing special.. yet. The single most valuable atribute of the coin is the industry it targets.

The gameing industry experienced difficulties, particularly with piracy. Anybody could copy a CD. The industry moved towards a subscription model, where the game itself was relatively cheap, but a monthly subscription would be required to play online, and finally there was an explosion of microtransactional business models, where the game was free to play, but the income stream depended on the sale of many small additional items within the game. "Farmville" is an example of the success of the microtransactional business model.

The music industry is an example of an industry which has struggled with piracy, and again if you pay to download a single song, you are participating in a microtransactional business model.

The Adult entertainment industry, unlike othe entertainment industries is struggling to introduce microtransactional business models. Many sites are already using a "in house" currency, but a cohesive payment system that can be used across the entire industry didn't exist. Until SXC.. and the industry is estimated to turn over between 10 and 14 billion dollars annually.. SXC has potential.

At this point there may be those considering churning out a client and competeing with us. I welcome you..

This is because the other thing SXC has that other cryptocurrencies don't is ... people. We have one developer who isn't too familar with coding clients.. But he does have an intimate knowledge of the industry, the special requirements that should be coded into the client, and how the currency must be intergated into sites for adoption, as well as contacts within the industry.

And yes, we've had exchanges voice concern over our branding and demand that it be changed before it was accepted. But SXC isn't branded to appeal to an exchange. It isn't branded to appeal to anybody in the cryptocurrency community at all .. It's branded to appeal to the users and owners of sites involved in the Adult Entertainment Industry because it's end goal is to be used in online commerce rather than speculation. We haved been approached by people in this industry that want to develop a SXC only site.

I'll admit we have a small development team, though it is much larger than most and growing, and we work hard. But once again we have something some other alts don't ...a real community. We have talented people who are passionate about the coin and want to contribute to it's success, so we have our "graphics guys" and "fedora guy" and a wealth of skills and knowledge to assist us in development.

Finally we have an attitude that other developers don't. We are geniune and passionate about what we do and reflect that in our dealings with our miners, pool operators and supporters. We are inclusive and try to consider the input of our community members, and honestly convey our progress even if it's "bad news". We actively engage and support them as much as they support us.

And if progress seems slow, it's because we are willing to take the time to do it right, because we don't want to do it over, and we are willing to make long term investments in our project.

We have been approached by exchanges, but if you check our officail thread, you'll find that we are working on fixing the desync issue so many alts have had, and coding features that will be particularly useful to those in the industry we have targeted, as well as changeing our logo, and we aren't officailly approaching exchanges until we have finished those tasks.

Even although we are operating in a heavily saturated market space, we aren't in a hurry because being listed on the exchanges doesn't mean we've made it. We can build exchanges if we need them. Creating a great client and a buzz in the industry leading to real world adoption means we've made it.

We wouldn't expect Crypsty or any other exchange to list us at the moment, and we don't want them to, until we make it apparent that this isn't just another altcoin, it's a great altcoin.

Taken from the Sexcoin thread...

Here's the deal:

At the moment I'm solo mining on rig four with the lastest client in alpha. It's the third sent to me for testing this week, and has changes from the last one that don't deal with problems, but deal with new features. Of course without proper testing for a while on a testnet, we can't be sure the problems are fixed. And we want a reputation for bringing out quality, hassle free updates.
One of the workers that we contacted in the adult industry has also approached us in regard to setting up a site that uses SXC, but thats fendles call, right now he's moving residence.

We promised a clean client, as far as we could get without a hardfork, and we delivered.

We promised a pool, and put a p2pool thats so far been fair and reliable when the pool needed major recoding.

We then delivered a pool that is monitored 24/7 in a datacenter by a human being, has not only battery backup, but generator backup, has been completely reworked to use accounting grade cross-method database block tracking and has a consistant backup schedule. It can take Gigahashes thrown at it.

If you miners knew how many pools skip blocks and dump the proceeds into the operators purse, you'd be angry as hell. The U.S. courts consider crypto's money, and they'd probably consider the "PPLNS" payment schemes posted on those pools as legally binding agreements. God help the pool operator who is knowingly taking money from miners pockets and "laundering" it through exchanges they also own... Thats something we don't want to be associated with, and thats an example of how far we try to look ahead, even if it's not likely to be an issue.

But I digress.. now we are working on the client and then we will work on inclusion on exchanges.

And another thread:
Can't help my curiosity...

I know SXC is a popular coin, and I'm pleased about that, by my count it's rated #16, out of 123 coins in this post.

https://bitcointalk.org/index.php?topic=264016.msg2984683#msg2984683

It's been growing nice and steadily, but today the network reached about 40 M/H. to put that into perspective, I looked at the averages of the hashrate of other coins on coinchoose.. Here's a list...

Americancoin    0.76 M/H
Nucoin             1.43 M/H
Craftcoin          4.46 M/H
CHNcoin           4.57 M/H
Nibble              4.91 M/H
Nanotoken        5.06 M/H
Phenixcoin        8.85 M/H
Orbitcoin        13.37 M/H
Richcoin         14.39 M/H
Elephantcoin   15.17 M/H
Redcoin          15.33 M/H
Stablecoin      19.39 M/H
Bitbar            24.00 M/H
Alphacoin       34.93 M/H


Yeap, you sure know what you're talking about

Sorry Timelord.. you got left out of a couple bonuses.. Just fixed that up.. should be in your wallet..