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61  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland on: February 27, 2014, 01:08:19 PM
1) Open coinmarketcap.com

2) New coins appears at #5 wit 30 million + market cap and 3$+ a coin

3) It is auroracoin

4) Huh

5) Profit


I get that it's 50% which contributes to the marketcap but how the hell is it 3$+ ? Thanks!

The real market cap is more likely to be 85 000 coins * 3.19$ = 270 000$
I don't really get this with the distribution. Will every grandmother get some and 99% of the population do not even know that this coin exist?

As long as they have a friend/family member who knows about it, especially if the android app is out on time.  "hey, let me see your phone/laptop for a sec..."  I'd suggest they take a 5% finders fee for the tech support :-)  With current value of 31 AUR being about $130 it's def. worth a little effort to make sure everyone you know claims their free money.
62  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | Launched | scrypt | PoS | No premine on: February 27, 2014, 12:20:01 AM
What exactly are the implications of the hard fork ? Newbies should be told how it can/will affect them



just need to download the new 1.0.1 wallet

Not sure which version I have, because according to one poster here, the v1.0.1, when you go to console/dubug/information tab, still says v1.0.0

Can anyone confirm what's up with this? I downloaded yesterday at noontime, my wallet indeed says it's v1.0.0 - but maybe it's not?

Thanks for any clarification!

I just recompiled from source a few minutes ago and mine says

"version" : "v1.0.1-3-g69e48fb",
63  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | Launched | scrypt | PoS | No premine on: February 26, 2014, 04:18:30 PM
+1 great job. I like this and think you are like an online brad Pitt for doing this. Very handsome. If it gets used I am happy to donate when I get infront of machine
Looks nice, though it would be great to see some more submissions.

Thanks guys, what do you think do I need to add/delete/change something? Smiley

Maybe instead of that black, try a slightly darker black

I played around with replacing #000000 with #00000000 but it was way too black, had to reboot to get my screen working again.
64  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MINT]Mintcoin, Energy Saving Coin With a Fast Distribution *13 Exchanges on: February 26, 2014, 03:21:29 PM

Same as any other scrypt. Your problem is not algorithm difference. Problem is somewhere else.

Any suggestions?

How is it WU can be higher than kh/s?

The cgminer documentation explains WU as hash rate times luck, so if you hit a hot streak and find more shares than you should on average your wu can be graeter than your hash rate.  Typically HR * .9 is about where WU should sit.  I wouldn't worry about WU being higher unless there is something else telling you there's a problem, like the pool saying your HR is quite low, or HW errors.
65  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | Launch 24 Feb | scrypt | PoS | No premine on: February 24, 2014, 02:02:11 AM
whats the total amount of blackcoin?

total number of coins?

Not limited. Initial PoW supply not more than 100 000 000
66  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland on: February 23, 2014, 10:39:09 PM
None of my mined coins are confirming, all stuck as unconfirmed for over 8 hours, I assume this is because of difficulty spikes Sad

At least on easy-mine.eu it's 100 blocks to confirm, at the target 10 minutes thats a long time.  Not sure if the 100 blocks is a coin setting or what the pool admin chose.
67  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland on: February 23, 2014, 01:31:38 PM
What are you going to do about old folks who are not on the internet? Will you send them paper wallets so they can spend them at shops?

Yes i want more info on how the spreading of the coin will go, maybe put it on front page?

I was thinking about this the other day, and have a feeling that those in iceland who are aware or AUR will make sure every one of their friends and family who don't know get help claiming their share.  Perhaps for a small 5 or 10% finders fee :-)
68  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland on: February 22, 2014, 09:36:05 PM
It would not surprise me if this coin would pass litecoin at some point. This coin has been on big media channels and it's getting harder and harder to mine.

If OP can make the airdrop work it'll be huge.  Bringing in a bunch of people who haven't touched crypto before is one of the biggest reason DOGE has been a success, and the airdrop could do the same thing.  I think there's a lot of value to being someones first coin.
69  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland on: February 22, 2014, 03:40:30 PM
http://aur.scrypthp.com/

0.1 withdrawal fee, wtf? They even say it's a network fee and the pool doesn't take anything. Is this true?

If so how come other pools have 0.01?

Looking at the block explorer for a recent block that contains transactions, it seems there is no minimum fee, some transactions have .001 and others have 0.  They should really drop what they are charging, given the low rate coins are mined at .1 is nuts.

http://blockexplorer.auroracoin.eu/block/a7cd94cd12f7db6ad7b34d5895fe85aa7f5a32c2e43e2a2155644920abdd7af3
70  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][WOLONGCOIN][WOLONG] Launch 23/Feb 12 PM EST Scrypt Adaptive-N w/KGW on: February 22, 2014, 05:03:26 AM
block reward should vary from -1,000,000 to + 1,000,000 so the coin supply is always in flux.  We want to see price movement of +- 20% per day as well so traders can make decent profits.  

Perhaps all mined coins go straight to wulong's wallet so he can manage them for us.   Or... only one wallet address exists, we all get read-only access.
71  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland on: February 21, 2014, 10:08:28 PM
Confirmation is too slow Undecided
This is why KGW is needed.

I don't see how KGW is related to confirmation time?  They are ~10 minute blocks by design. 

And how do you know that?

It's in main.cpp

Code:
static const int64 nTargetTimespan =  8 * 10 * 60; // AuroraCoin: Retarget every 8 blocks
static const int64 nTargetSpacing = 10 * 60; // AuroraCoin: Blocks every 10 minutes



Thank you, I don't know what "main.cpp" is. I've only read the op post and didn't see anything about block target time.

Yeah, I checked there and on the website.  Don't see a tidy coin spec summary anywhere.  Main.cpp is one of the source code files, you can get it from github if you are curious.
72  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland on: February 21, 2014, 08:17:22 PM
balduro, what are your thoughts on the erratic block times?  I've been watching closely today and I think it's more complicated than just "diff is too high for a few blocks".  Just over the last few we had a ~1 minute block, ~15min block and we're passed 1 hr trying to find 2787 - all with roughly the same total network hash rate.  KGW isn't going to magically fix this I don't think, since it won't adjust diff mid-block.  It seems like having a high diff (to target 10 minutes) with a fairly low network hash rate (about 1 gh/s) magnifies the randomness.  

FWIW I'm calculating the network hash rate from totaling the 3 big pools pages reported Pool Hashrate.  They are pretty consistent with cryptoculture around 500, aur.pool-a ~300, easy mine ~200.  I don't see any evidence of a private pool like middlecoin jumping in and out since all the blocks from 2770 on are showing up on one of those three pools.

EDIT: just saw two blocks get mined within a minute of each other.  pulled from the block explorer to show what I'm talking about
2783 - Time: 1393006158 (2014-02-21 18:09:18) @ DIFF 364.999
2784 - Time: 1393008017 (2014-02-21 18:40:17) @ DIFF 243.334 * 31 min
2785 - Time: 1393008109 (2014-02-21 18:41:49) @ DIFF 243.334 * 32 seconds
2786 - Time: 1393008936 (2014-02-21 18:55:36) @ DIFF 243.334 * 14 minutes
2787 - Time: 1393015166 (2014-02-21 20:39:26) @ DIFF 243.334 * over an hour
2788 - Time: 1393015170 (2014-02-21 20:39:30) @ DIFF 243.334 * only 4 seconds!


EDIT 2:  It looks like there might be a multipool jumping into AUR periodically. http://blockexplorer.auroracoin.eu/a/apx5e  this APx5E26TGu4vbvvGencXAFcHC3HjPSgWRX
 address has grabbed the last 6 blocks in about 30 minutes and none of those block # appear on any of the AUR pools I'm aware of.  Interestingly the reported networkhashps is under what the 3 big pools total so that appears to be calculated using an average of more than those 6 blocks.  I'll stop adding to this now, I promise :-)
73  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland on: February 21, 2014, 03:31:23 PM
Confirmation is too slow Undecided
This is why KGW is needed.

I don't see how KGW is related to confirmation time?  They are ~10 minute blocks by design. 

And how do you know that?

It's in main.cpp

Code:
static const int64 nTargetTimespan =  8 * 10 * 60; // AuroraCoin: Retarget every 8 blocks
static const int64 nTargetSpacing = 10 * 60; // AuroraCoin: Blocks every 10 minutes
74  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland on: February 21, 2014, 12:16:06 AM
Confirmation is too slow Undecided
This is why KGW is needed.

I don't see how KGW is related to confirmation time?  They are ~10 minute blocks by design. 

Also, these prices are awesome but I wish we'd had another week to mine without so much competition  Grin
If difficulty goes way up, a whale goes away, and we don't have the miners to solve the blocks, those confirmation times of 10 minutes become MUCH longer.

With KGW, you'll always be around a 10 minute confirmation time.

Gotcha.  At least with the 8 block retarget and high coin value we'll never be in the boat moon or tips found themselves in.  I like KGW, and everytime I see a new coin launch with billions of coins and a 700 block retarget I know the dev hasn't been paying attention.
75  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland on: February 20, 2014, 11:56:50 PM
Confirmation is too slow Undecided
This is why KGW is needed.

I don't see how KGW is related to confirmation time?  They are ~10 minute blocks by design. 

Also, these prices are awesome but I wish we'd had another week to mine without so much competition  Grin
76  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland on: February 20, 2014, 04:00:20 PM
there are not enough p2pools in my mind, i hate registering to new pools everytime a coin comes out

There are a couple p2pool nodes out already, but there is only around 300KH/s on them. So what I'm trying to figure out is if there is enough adoption to p2pools for this coin to make it worth the server space? Are you saying that you would go to a stable p2pool if you could?

I can't see a p2p pool working for this coin TBH.  With 10 min block times and huge network hash rate it would be really hard to get enough committed hash rate to stay alive.  I love the idea of them but in practice they always seem to die slow deaths (and owing me shares)
77  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [EBI] EuroBit on: February 20, 2014, 12:34:28 PM
so we have a nearly 200mb download, and the USDe logo.  ummm...
78  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland on: February 20, 2014, 11:04:02 AM
What pools would you recommend ?

I prefer http://aur.pool.mineabit.com - much, much lower transfer fee which matters a lot when a coin is this slow to mine, but it's having trouble getting enough hash rate to find blocks at a good clip.
79  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] RabbitCoin [RBBT] Launching TODAY 2/19 @ 1PM EST [Scrypt KGW] on: February 19, 2014, 11:43:35 PM
We're forked?

ScryptoMiners: 795 MH/s
WeMineCrypto: 345 MH/s
HashRapid: 350 MH/s

Wallet says total Network hash: 850 MH/s

Scryptominers has likely forked. It is showing its own hashrate as the entire network. Abandon ship.

Look at the blocks found, not seeing any overlap.  I think a pool is overreporting their hashrate though.

Stop the silly statements. Scrypto is a bitch for raising pool fee but his pool is setup correctly. Net hash rate reporting functions outside of block chain etc. Net hash can report incorrectly while everything else is working. If you want to check for forks you can references the block explorer, your wallet, and the pools.

What silly statement?  I said the blocks don't show any duplication indicating no fork.

edit: and now the networkhashps appears to be 1.2 gh/s, seems like its not calculating fast enough or correctly.

Was talking to cryptolemaik, not you good sir.

Ah, i need to use bigger redder letters when i type :-)
80  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] RabbitCoin [RBBT] Launching TODAY 2/19 @ 1PM EST [Scrypt KGW] on: February 19, 2014, 11:23:56 PM
We're forked?

ScryptoMiners: 795 MH/s
WeMineCrypto: 345 MH/s
HashRapid: 350 MH/s

Wallet says total Network hash: 850 MH/s

Scryptominers has likely forked. It is showing its own hashrate as the entire network. Abandon ship.

Look at the blocks found, not seeing any overlap.  I think a pool is overreporting their hashrate though.

Stop the silly statements. Scrypto is a bitch for raising pool fee but his pool is setup correctly. Net hash rate reporting functions outside of block chain etc. Net hash can report incorrectly while everything else is working. If you want to check for forks you can references the block explorer, your wallet, and the pools.

What silly statement?  I said the blocks don't show any duplication indicating no fork.

edit: and now the networkhashps appears to be 1.2 gh/s, seems like its not calculating fast enough or correctly.
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