Bitcoin Forum
June 01, 2024, 07:01:04 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 [26] 27 28 29 30 31 32 33 34 35 36 37 »
501  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SOIL - Environmentally Conscious, Community Driven, Provable Transparency on: February 17, 2016, 11:55:52 AM
I go to d10e event tomorrow

Retweet: https://twitter.com/GEO_Jan/status/699893097426194432

If you are there are there we can a talk.

id love to be able to be there.... that talk on OpenBazaar sounds great. itd be amazing to have something like that running on the SOILcoin platform. ive been toying around with SafeMarket for awhile, the developer of that is interested in a simple port over to SOILcoin, but right now, its still lots of bugs working out of stuff, but i have to admit, he has massively improved it in the past few weeks (latest package iteration acts as its own node, which would make adoption much simpler) distributed marketplaces are very much the nearest future need of blockchain tech. sure, therell be SilkRoad stuff thatll crop up, nature of the beast... but the ability to use crypto and anonymously purchase and sell goods.. i can see a thousand RIGHT NOW uses for stuff like that.. EthBay distributed auctions are simply the next logical step beyond that...

would also love to hear about BigchainDB. i think thats smething that SOIL, in particular, will need to be looking at sooner than later. with much of the renewable energy and automated ag concerns we want to focus on, much of the scientific dApps will require large database querying. take into accound SolPy, the solar energy modelling app in Python that ive been digging into. a lot of it requires database querying, from geospatial data to NumPy and big numbers. the question is, how cost-effective on a "gas-powered" blockchain can big database queryable computations be?  with ETH up to four bucks, simple contract deployments can start to get costly, if complex contract use requires a full unit of currency in the future, will it be chains like SOIL that handle that load due to its lower valuation and thus, cost to do business?

have a great time. pick me up a "decentralize EVERYTHING" tshirt!
502  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SOIL - Environmentally Conscious, Community Driven, Provable Transparency on: February 16, 2016, 01:04:33 PM
thanks folks. i sent the 11.5k SOIL to jan earlier today, it arrived without issues, and ive received the .1BTC in return, so ill be getting the yobit listing set up right away, then... 2 business days... prolly thursday... we should have SOIL finally listed on a second exchange.... thanks for the support everyone~!
Any news from yobit about SOILcoin listing on?
i havent heard anything this evening regarding our listing there, but i put everything thru late tuesday, so it might be morning when it goes thru. ill update everyone here as soon as i hear word from them.
regarding poloniex, ive made a few pushes towards there to have us listed, but never get confirmation either yes or no from them. ive been told to resubmit, which ive done, and then told that since we already had a request in.... (shakes his head) ill put thru another request presently and see where that takes us.
I see still no SOIL listing on https://yobit.net/
I have send some BTC but that is waiting there for some SOIL.
I don't see ETH nor SHF nor EXP there.
So SOIL is the first ethereum-based coin on Yobit?
They might need the time to understand how to do it.


this might indeed be the case. it is frustrating though, that exchange operators arent communicative with coin developers, especially after theyve received funds towards advertised listing periods. i have yet to hear anything from them, despite further messages appended to my support ticket from late thursday. i see that coins are continuing to be listed there at a regular pace, so it may just be a case of them being backed up, i dunno, it shows 9 newly listed coins via their twitter account in the past 16 hours. (fingers crossed)

503  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SOIL - Environmentally Conscious, Community Driven, Provable Transparency on: February 14, 2016, 11:18:55 PM
How are things going with yobit?

ive sent a support request to them on friday, having not heard from them in 24 hours past when we should have had our listing made on yobit. i have yet to hear from them, but ill be writing them again tomorrow morning.
504  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NBZ [PRE-ANN] - NOOBZ ***EASY FEARLESS TRADING FOR THE MASSES*** on: February 13, 2016, 04:17:27 PM
great idea. i got into crypto less than a year ago, and it was a DAUNTING thing. since then, ive jumped in both feet and even went so far as to start learning the programmatic side of things for the coin im on the development team of. (SOILcoin) but, coming into the scene, learning HOW to mine, having to nearly learn a new language just to understand what a lot of the crypto-shorthand was.. there was a lot of trial and error. whole lot more error than anything, really. i love the idea of making it about the users and not the devs, and i applaud your committment to transparency. ill be watching your project with great interest. best of luck!
505  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SOIL - Environmentally Conscious, Community Driven, Provable Transparency on: February 13, 2016, 12:56:28 PM
Hello everyone, and that now the reward for block 1 ground Huh
1 hour of mining only 2 coins ((
it's sad, because this same power is now possible to do 0,035 BTC in the place of those which can be obtained extracting soil 0.002
Well... yeah. Right now for mining to be profitable with soil, its price must be MUCH higher than it is. But we have little control over it, unfortunately.
If the blocktime is reajusted there is 5760 SOIl per day to earn and that is about 0.17 BTC @ 3000Sat.
Not so bad and if gets value from application in the future it can be 100x more.
I agree with the current blocktime with 1 hour or more you need much patience for your rewards.

6 minute 1 block?? and that you consider normal? who will earn a coin if production costs exceed mined? currently 2 video card 7970 earned 0.045  BTC per day, or soil - 0,002 BTC at the price of "4500" there is a difference? cheaper to produce another coin, 1/10 buy and sell land and then come profitable)
good luck or something)

our targeted block time is 15seconds. we have been struggling in the last month with block times after being hit by massive hash rates intermittently which raised the difficulty level very high. for much of that time it was only the development team who maintained the consensus engine thru mining, thus the reduction of blocktimes to its target has been an ongoing process. we've made adjustments to bring the difficulty down and then maintain the target; but in the end, the blockchain does continue to roll on, albeit slowly.

being that SOIL is not JUST a speculative currency that relies entirely on its mining/trading engine to measure success, the blocktimes may not be NORMAL but they are hardly a measure of failure. we are a dApps development and deployment currency. we are a functioning global virtual computational machine. profitability, in the short term, might be best realized thru the exchanges if near term profit is your focus.

it has been our principle, since our genesis, that SOILcoin is a long-term project dedicated towards the implementation of dApps serving the renewable energy and ubiquitous agriculture industries. as a nascent technology and currency, now almost four months into live operation, we've faced growing pains with regards to distribution curves, low valuation, minimal hash against the network... we've made adjustments best as we can to alleviate those things, but our raison d'etre remains our work on the distributed applications that will populate our system. i stated from the get-go that it would likely be a good year before SOIL had much of the architecture on the blockchain set up towards those goals. at present, id say we're actually a little bit ahead of schedule.

with our inclusion as a base currency in the ROKOS OS for raspberry pi, with our working relationship with several other like minded currencies (ENRG, GEO, GMC), with ongoing discussions and cooperation with renewable energy departments at several universities regarding implementation of renewable energy applications from simple python language to deployment on the blockchain, we are beginning to make strides towards our mission statement.

there are probably close to a thousand listed altcoins in existence today. many of those are already on the "dead list", see: (https://bitcointalk.org/index.php?topic=588413.0) and in the coming calendar year, another 10% will surely fade into nothingness. at the end of the year, SOIL will still be here, will still have a running consensus engine, will still be developing further applications towards a usable "green blockchain". our investment is towards that goal, not simply towards near-future profitability for short term miners. im sorry that your needs for mining profitability doesnt make SOIL an attractive currency presently, but i do wish you the best of luck pursuing your immediate profits with other cryptocurrencies and hope that you might simply find near-term profits on the exchanges with SOIL.
506  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SOIL - Environmentally Conscious, Community Driven, Provable Transparency on: February 12, 2016, 03:13:53 AM
thanks folks. i sent the 11.5k SOIL to jan earlier today, it arrived without issues, and ive received the .1BTC in return, so ill be getting the yobit listing set up right away, then... 2 business days... prolly thursday... we should have SOIL finally listed on a second exchange.... thanks for the support everyone~!

Any news from yobit about SOILcoin listing on?

i havent heard anything this evening regarding our listing there, but i put everything thru late tuesday, so it might be morning when it goes thru. ill update everyone here as soon as i hear word from them.

regarding poloniex, ive made a few pushes towards there to have us listed, but never get confirmation either yes or no from them. ive been told to resubmit, which ive done, and then told that since we already had a request in.... (shakes his head) ill put thru another request presently and see where that takes us.
507  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SOIL - Environmentally Conscious, Community Driven, Provable Transparency on: February 09, 2016, 10:15:24 PM
well, everything was in to yobit by about 10PM atlantic time last night. so, if they hold true to their word, we should be listed by thursday at yobit. interesting exchange, hadnt really given it much of a hard look before, their faucets are insane and plentiful, the shoutbox is pretty active, the layout is minimalist and clean.. all in all, another midsized exchange, which i think will be good for SOIL. will let you all know the moment we're listed.
508  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SOIL - Environmentally Conscious, Community Driven, Provable Transparency on: February 08, 2016, 10:51:09 PM
thanks folks. i sent the 11.5k SOIL to jan earlier today, it arrived without issues, and ive received the .1BTC in return, so ill be getting the yobit listing set up right away, then... 2 business days... prolly thursday... we should have SOIL finally listed on a second exchange.... thanks for the support everyone~!
509  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SOIL - Environmentally Conscious, Community Driven, Provable Transparency on: February 08, 2016, 12:31:49 PM
you can sent the funds you are putting towards yobit to 0x519578237b2e362e67280160667e1bd5dece6d83 , my mining wallet.

working on a few schelling coins to introduce to the SOIL-ex distributed exchange today, tying them in thru tinyoracle to the prices for a couple hard commodities via the chicago mercantile exchange. hopefully will have it all up for you to test this evening, if we dont lose power, we have a blizzard rolling in today for nova scotia.. only a foot of snow, so fingers crossed.

510  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SOIL - Environmentally Conscious, Community Driven, Provable Transparency on: February 05, 2016, 03:25:51 PM
sorry ive been away for awhile, had some back problems that required hospitalization. learned that most physiotherapists are evil people. (laughs) managed to check in once in a blue moon, but spent whole buncha time in painkiler induced fugues. so, back to work on the applications ive been working on. ive built the soil-ex exchange, and launched it. ill get it up and running for you folks to beta test today. its been a personal project of mine for awhile, and ive done a lot of work learning the code on it, and hopefully within a week or two i can launch some schelling-coin inspired pegged tokens (to commodities) on the exchange as well. cross-chain trading is still something that remains a future development for it. ive researched a great deal about cross chain interactions, and atomic swaps seem the best way to go right now. hope you all are doing well.

ive also been thinking about selling some of my personal account of SOIL (about 15000SOIL) to raise the 0.1BTC needed to guarantee lisiting SOIL on yobit. what do you folks think of that? is yobit an exchange you guys trust? does anyone want to donate SOIL or BTC towards this? 0.1BTC gets us listed within two business days. i think it would be advantageous to have another exchange opened for SOIL.
511  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SOIL - Environmentally Conscious, Community Driven, Provable Transparency on: February 02, 2016, 04:56:23 PM

Thanks a ton trying this out
Do you recommend I solo mine at this difficulty with one card, or pool?  If so, which pool do you recommend?

depends what sort of card you have. i have a really crappy video card, i average about 2 Mh/s
ive been mining on our hosted pool at http://45.63.4.165:5000/ alongside peter (soil) for awhile now. it doesnt look as though anyone at all is mining via suprnova anymore. ill be keeping our pool open perpetually. payouts are immediate upon round's end.
512  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SOIL - Environmentally Conscious, Community Driven, Provable Transparency on: January 31, 2016, 10:19:28 PM
Where do I find the total network hash rate and the difficulty?

http://stats.soilcoin.xyz/
513  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SOIL - Environmentally Conscious, Community Driven, Provable Transparency on: January 30, 2016, 09:35:48 PM

Last block: #333968 so only 32 blocks before fork.

Yep, just couple weeks.

with only peter and myself running consensus, from the looks of things, its going to take awhile, certainly. we need more people mining, to hurry things along. the system will always maintain itself, with even just two people mining, as its been lately; but the more miners there are, the more secure the chain becomes.
514  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SOIL - Environmentally Conscious, Community Driven, Provable Transparency on: January 30, 2016, 09:32:35 PM
Hard fork @334000

To better secure the network and for having a faster block time again we will go back to a 15sec block time on avarage.
Block reward will be 1 SOIL.

Hard fork at block number 334000.

Please update your clients. Otherwise you will be out of sync.

Download SOILpackage v7


Can you make the difficulty adjustment to be every block? How long the the Ethereum block target?

the kimoto gravity well actually does retarget every block, the flaw within that system is that it targets higher quickly, and lower much more slowly. irregardless, its still one of the best difficulty algorithms out there. its also not exactly configurable to react quicker, it does so according to a scaled formula (i believe its a .4% retargetting, and with difficulties up so high, it takes a long time to readjust downwards.) Ethereum is hard-coded to the 15 second block time as well. the danger with ethereum is that, with their distribution model, theyll be fighting inflation sooner rather than later. the fact that they have many more dApps being deployed on their blockchain mitigates this a bit, with the "gas" thats being spent.

ive been researching a lot of python written applications lately that would be fitting towards our targeted systems of renewable energy and ubiquitous agriculture. python, being a very close cousin to the serpent programming language, and nearly a simple port across with pyethereum and pythapp, theres a wealth of open source applications that can boost uor ecosystem with pure scientific applications. from solar penetrations programs to microgrid energy development apps. much of whats out there will require something close to ipfs to run well, and thus, ive been reading up on swarm a lot, which has fractional storage across the nodes.

where its easy to find financial and gambling based dApps right now, bringing the scientific modelling onto the SOIL network should make us more appealing to renewable energy developers.
515  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SOIL - Environmentally Conscious, Community Driven, Provable Transparency on: January 16, 2016, 09:34:38 PM
SOIL Contract Development Package

5) Open a browser and go to "http://localhost:3000/"

6) Click on the CONNECT button.
You should see a message that cosmo is connected to gsoil.


the default host in the cosmo app,  at the connection box, should be changed from port 8080 to port 39421 as is seen in the screenshot. great work, peter!! this makes dApps deployment for Solidity-written contracts very easy!
516  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SOIL - Environmentally Conscious, Community Driven, Provable Transparency on: January 09, 2016, 04:57:37 PM
... if you want it to go down faster, throw some hashing power against the SOILnet, which speeds up the block times we are experiencing right now, and allows the difficulty readjustment to decrease at a faster pace. ...
My small farm is already on it. I wish SOIL a happy life =) and do what I can to help with that.
And don't answer to trolls like benjy33. He's just trying to offence and provoke you. Ignore him. Move on with soil. Someday these efforts will pay off.

i dont view the malcontents as being trolls at all. in the case of benjy33, he was one of our testnet contributors, and in my view, is a valued member of the community. he experienced problems on launch date, as i detailed in my response to him, which i did my best to alleviate, unfortunately with inconclusive results.

i have a background in customer-service, previously working for siriusxm as a "saves manager", which meant me and my team were responsible for solving the problems customers were experiencing to such a degree that they were prepared to disassosciate themselves from our services. i was among the top-tier of agents doing this, with very high customer satisfaction scores, and a strong adherence to teh corporate protocol. i took great pride in my numbers, generally "saving" between 75-80% of the customers, where the corporate average hovered at about 53%.

i view the community as our consumers, without them purchasing and selling SOIL on the exchange, we would have no liquidity. without them participating in the consensus engine via mining, we would have no distribution. now, the old adage remains, you cant keep EVERYONE happy. especially in the world of cryptocurrency.

there will always be, by the very nature of the altcoin ecosystem, demagogues and fomenters of descontent. there will be other currency developers seeking to gain leverage for their own project by sowing mistrust in ones project. there will be those simply upset that they arent making ridiculous profits from ones system. therell be the shit-disturbers that just enjoy, as you said, trying to provoke and cause offense. still, they cant be ignored.

i will always do my level best to address their concerns, even when common sense dictates that they are trying to pull a scam, or are just bitching for the sake of being unpleasant. when i can provide a solution to their issue, i can possibly create loyalty towards the project with that person. and they might mention the positive experience in dealing with their complication to others, which boosts our reputation as a fairly-operated cryptocurrency.

and even if not, by addressing these folks in an equanimous way, it also prevents others who wish to come in and just act like dumbshits from doing so. ill look at the posting history of complainants, to see if this is just a simple pattern of spreading uncertainty with no reason but to be a muckraker, and at which point, ill usually call them out on that. but, where a genuine issue exists, if i can find a solution, ill spend the time looking for it. to do otherwise, im my way of doing business, is lazy and irresponsible.

plus, it helps steer conversations back to the issues at hand, to keep things on topic. i have always loved a challenge, and genuinely feel bad when i cant solve a problem for someone. limits have to be placed on the benefactory nature of the development team, one cant give away the horse, saddle and all, or one gains the reputation of being soft-handed in business, but extending what aid is possible, within reason, is always a good business practice. id rather err on the side of caution than ignore what might become a cancer later on.

i believe all of these efforts will, indeed, pay off, eventually. both with the developments we are working on with SOIL and in dealing with FUDsters. every project will have stumbling blocks, it is adversity which creates strength. irregardless of any contretemps we might experience, my dedication to the project will remain undiminished. i spend, easily, 6-8 hours a day working on any number of aspects towards further evolution of the SOILcoin project.

right now, the SOIL-Ex platform is working, in alpha testing, and im researching how to incorporate smart contract driven sidechains to promote cross-chain interconnectivity so that two-way pegged sucurrencies can be utilized for trading one altcoin to another on our decentralized exchange.  the porting of SafeMarket goes along at a snails pace, the infrastructure is built and the contracts deployed, but the rebranding and extensive testing have yet to be done.



517  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SOIL - Environmentally Conscious, Community Driven, Provable Transparency on: January 08, 2016, 03:12:36 AM
but you 're telling stories ... that the currency has been a failure and you are a thief , took away 5000 coins purse , swindler

im not sure i follow, but simply put, your allegations are more than a little bit ludicrous. do you care to elaborate on your denunciation and provide some evidence to this purported theft? ive never stolen a thing in my life,and i dont respond well to such libelous and defamatory statements.

if you "lost" coins during the launch, two and a half months ago, which from reading your past posts seems to be the issue here...  you did receive your testnet bounty and thanked us for that. you provided me with your main-net wallet address upon launch, and you responded, having recognized receiving the bounty..

after that, and sadly i think much of the issue was "lost in translation", as far as i can surmise, you re-installed the main net package without backing up your keystores, and in that, you certainly have to accept personal culpability, as its fairly common practice to back things up before deleting everything to start afresh. this is true with ANY cryptocurrency. as a user, you, and yourself alone, are responsible for your personal information....

BUT, if you will recall, i did everything i could to assist you in finding a way to recover that keystore, going so far as to find the highest reviewed system recovery tools i could to assist you in recovering that information... sadly, if i recall correctly, you were unable to fully rebuild the keystore file in question...

other coins you'd mined that disappeared were, as it was explained at the time, mined on an unlcled chain (a fork), which the network encountered a great deal of thanks to the instability of the blockchain with the massive amounts of hashpower we recorded against the network immediately upon launch... yourself admittedly also being one that had a high hashrate dedicated towards the system... many people experienced fluctuating balances due to forks early on, which were due to their system regaining consensus with the rest of the chain and making corrections. that issue was quickly resolved (a few hours) after our launch as the system gained enough "weight" to provide a strong consensus to the correct order of the blockchain.

now, the only 5000 SOIL i can think of that you  might be referencing is the testnet mining bounty you were sent, and when i look at the balance of the live-net account you provided upon launch, i find, presently:

0x895d4bfd8f626085db2edeca7391e2571378968d 0.009 SOIL

posts from day of the launch showed that we confirmed the 5000 SOIL testnet bounty were sent to this account, and were noted present upon a block explorer query at that time.... funds which are no longer in that account, and the only person who would have the passkey to that account is yourself. the development team is not responsible for what you do or dont do with your personal passkeys, or with whom you might share that information with, but negligence upon your part is not something that can be considered theft on our parts, nor would we (or any cryptocurrency development team) be responsible in replacing funds you lose through your own individual oversight.

its also preposterous to claim that SOILcoin is "a failure". we have a steadily increasing market valuation and capitalization. we have regular developments with several other projects presently in testing... we have provided a realistic roadmap for what we are working on over the next six months. we have already engaged the democratic process promised at our genesis to tackle changes to our parameters to combat the infationary forces we were experiencing. we are now a permanent "base currency" on the ROKOS operating system for Raspberry Pi. for a very small development team that does not take any sort of wage for its work, i think we've done incredibly well so far.

if you dont agree, you are certainly free to your opinion, but in the future, before posting misrepresentations or simple unbacked accusations, i strongly encourage you to reread the "Contributor Code of Conduct" that we as a development team adhere to and have requested that forum members also respect. (https://bitcointalk.org/index.php?topic=1176709.msg12973560#msg12973560) we do not hold this as a moderated forum, and you are certainly free to do what you will, but we do try to hold to a certain level of civility on this board, and ask that you do the same.




518  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SOIL - Environmentally Conscious, Community Driven, Provable Transparency on: January 07, 2016, 07:42:08 PM
I think dev should tweak the algorithm to change difficulty in more aggressive manner. It's waay too lazy right now, imho. That whale can return any time and ruin network again. And again. And again. Until the algorithm will be tweaked to effectively resist such "attacks". And for that, difficulty should react very fast to changes in network hashrate.

the problem with that, using your own argument, is that if there was a more agressive manner to adjust the difficulty that what the Kimoto Gravity Well parameters are set to within the difficulty algorithm, this would just bring "the whale" back sooner and more often, which would, in the long run, be more detrimental than not. now, the KGW adjusts every block, and quickly, as is verifiable from the sliding difficulty bar-graph on the network intelligence page, this produces a more adaptive way to adjust the block difficulty at every block rather than every 2016 blocks as is found in BTC.

the Gravity Well parameters are set so that the adjustments are incremental and smooth, such that it adjusts roughly 10% in a day. that being said, the time to solve a block, naturally, depends on the global hashrate. when the difficulty gets too high, miners emigrate to other coins, which is a natural response. so, a mega mining farm hits the system and the difficulty jacks up very high, miners leave dropping the hashrate even further, making it harder to deal with the increased difficulty, and lo and behold, we experience blocktimes that can reach several hours.

is the system perfect? of course not. no system is. but, consider that extreme difficulty drop offs would make the system MORE vulnerable to these sorts of attacks, which would simply cause a slingshot effect. an aggressive difficulty readjustment would also be detrimental WITHOUT an attacker, simply due to lucky or unlucky blocks. one of the perceived weaknesses with the KMW, which ive noticed watching the experiences of other cryptocurrencies that utilize it, is that it takes longer for the difficulty to come down than it does to go up.

the difficulty *IS* going down, and the system *IS* righting itself. presently, the only real effect this is having on the system ITSELF is a radically decreased distribution through mining, which has, conversely, helped increase valuation. if you want it to go down faster, throw some hashing power against the SOILnet, which speeds up the block times we are experiencing right now, and allows the difficulty readjustment to decrease at a faster pace.

it doesnt matter, in the end, WHAT the overall hashrate or number of miners proving consensus of the blockchain is, really. the KMW will continue to gradually reduce the difficulty to bring the average block time back to 60 seconds. i keep my system trained on the SOILnet 24/7, through our hosted mining pool... as does peter... its not about the profitablility for mining for me, its about keeping a stable and continually forward moving system in place.

im less concerned about how much i make from mining as i am with working on and producing developments for the blockchain, and as those continue to be implemented, the more practical applications we have hosted on the SOILnet, the more miners will eventually find their way on board. the EASY solution is not always the BEST solution, and the desire for a ANOTHER hard-fork of the system, for the sake of convenience, in the long run, wont solve the problem. it is not so simply an issue of a "lazy algorithm" that has lead to the lengthy block times we are experiencing presently.

our BEST solution is to continue to work on developing the practical DApps that will increase the USABILITY of the SOILcoin network, which will in turn, bring in more users and more miners, and if we can build a system that many more people WANT to use, this creates a "loyal hashrate" which will be, in the end, the absolute best defense against the sort of "mega-miner farm" attack that caused the difficulty to spike to where we are today.

i have continued to work on SOIL-Ex, our implementation of the EtherEx decentralized exchange, and have been working on solving the cross chain inter-connectivity limitations it presently has, adding in trusted price-feeds, researching "third-chain gateways", bridging the gap between centralized fiat gateways and a distributed on-chain exchange...

ive also ported aakil fernandes' SafeMarket decentralized marketplace platform onto the SOILcoin network, and have been consulting with the developer of this Ethereum-hosted DApp which is in alpha testing "over there" as well. i feel both of these DApps have a high degree of usability and practicality that will scale well towards providing the services to the autonomous agriculture and renewable energy concerns that we set out from our genesis to work with.
519  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SOIL - Environmentally Conscious, Community Driven, Provable Transparency on: January 06, 2016, 10:57:38 AM
Dead network.  Wink

Transaction on bittrex.com require 250 confirmations. Already passed 24 hours and is confirmed 105/250.

http://stats.soilcoin.xyz/ say block time was almost 9 hours.



Almost passed 3 days from my post. Current block 330,482



SOIL still isnt on my bittrex.com account which I sent from wallet...

Just question if Devs will do something with this issue. Thanks

ive spoken with ritchie from bittrex about this situation and he's dropped the necessary confirmations for withdrawls and deposits from the standard 250 down to 60. that should help. block times ARE going down again, on average, but it will probably take a few more days for them to get back to our targeted 60 second threshold.

have the SOIL you were trying to deposit finally arrived in your exchange wallet?
520  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SOIL - Environmentally Conscious, Community Driven, Provable Transparency on: January 03, 2016, 01:00:52 PM
Dead network.  Wink

Transaction on bittrex.com require 250 confirmations. Already passed 24 hours and is confirmed 105/250.

http://stats.soilcoin.xyz/ say block time was almost 9 hours.



the difficulty was raised very quickly, thanks to what was likely a mega farm that worked on the system a few days ago. i noted on the SOIL network intelligence page that our global network hashrate SOARED from several hundred Mh/s to close to 15 Gh/s for the better part of the day. this resulted in nearly impossible difficulty once the mega farmer logged off the system. the kimoto gravity well is doing its job and the difficulty is reducing every block, the graph for that looks like a nice steep ski-hill right now as the system rights itself. no system is perfect, and these sorts of "attacks" happen, but how the algorithms work protects us in the long run. that super long block (31,859 seconds) sticks out like a sore thumb in the last block times graph. our average block-time is now at 4 minutes, and these will drop back down gradually to the appropriate level as smoothly and non-disruptively as the system is designed to do.

are these sorts of "attacks" deliberate? id hate to think so, but one never knows. the crypto-communtiy is an odd place sometimes, and someone of malicious intent can become that way for any reason... id prefer to hope in the general altruism we all try to express as a community, but thats a fragile thing when you watch how many users feel "contributing" to a community is by spreading as much FUD as they can. it is what it is, and simply a part of doing business....

is there anything we can do to protect ourselves from similar in the future? again, theres no easy answer. hopefully with near future developments we might see appropriate upward trends in valuation which makes mining more profitable again to potential miners and the system corrects itself faster. ill write ritchie at bittrex and ask him to slash that confirmation time down while we are experiencing this "block time kerfuffle" to help alleviate deposit and withdrawl times on the system.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 [26] 27 28 29 30 31 32 33 34 35 36 37 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!