I'm glad that we can help bring together the best of the best in Crypto. I checked it out here http://www.intel.com/content/www/us/en/compute-stick/intel-compute-stick.htmlAnd CNet review http://www.cnet.com/products/intel-compute-stick/You can get Windows or Ubuntu with it, the Windows version comes with 2GB Ram and the Ubuntu Version comes with 1 GB of Ram (cheaper at $100) and has built in 32 GB memory with expandable SD card slot that can house up to an additional 128 GB of memory, built in wifi connectivity and Bluetooth (although the review says the Bluetooth isn't that powerful). This would be a great alternative to the Rasperry pi because of the additional memory which is quite lacking on the pi and could very easily house 3-4 different Proof of Stake wallets. Tech is amazing, in about another year you will be able to get these units for $30-50 |
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@solasi
I get a lot of orphans when my internett conection is bad.
You can remove the orphans from the menu, Tools -> repair wallet.
now that you say so.... damn it must be that... im paying for internet! ...  damn . thanks for the info. i almost turn back to ver. x.0.7... but that wont solve anything because of my internet... You can also make sure your clock time is as correct as possible by syncing to internet time. I'm always thinking about how I can improve the fundamentals of the POS itself and keep the security tight. A fair few POS Coins have high allowances of the time drift (some up to 2-3 hours) and this can allow for some types of time exploit attacks so PayCon is kept at a 1 minute allowance which protects against that possibility but may also see a few more orphans from time to time. If you are game you can also setup your own VPS and now have the added security of being able to connect automatically through TOR. Do you also have slower internet? I'm curious to find the root of the issue so I can make improvements. |
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I thought thundertoe doesnt know code and gave TEK to noise23? Why would he be on the list of best devs?
I am fairly sure that he is one of mudderfudder's socks or "candygirls". He msg'd and/or PM'd me saying he was vegan and how launching Vegancoin was a good idea. VeganCoin is a good idea but MeatCoin is better. 100% Proof of Steak!!! Why is it so many of you VEGANaphoebic meatheads think that pictures of meat will scare and/or offend us ? Do you guys ever wonder how much my sleuthing/trolling has cost you guys ? .. I mean.. how much the potential investors have saved ?  The few "thank you"s and "holy shit you were right dude !"s I have recieved tells me it must be a fortune !  HOWaHANDFULofEARLYadoptersANDshitclonersFUCKEDtheCRYPTOmovementCOIN will right those wrongs. Believe it. edit  Why is it that Vegans care so much about saving animals from being eaten but hate people so much? You know how many Vegans I've met that have a chip on their shoulder? Would be easier to count the ones that didn't have some vendetta against people that don't care about being vegan So when was the last time you spent your time actually contributing to any Coin instead bashing it or other people? I'm sure you think you are saving everyone from themselves but you also need to have as much or more positive influence than just negative.... I despise scammers.. not people. The "bashing" and "saving people from themselves" are both side effects of my unbiased evaluation of said scam coins. Now excuse me while think of new ways to shamelessly plug HOWaHANDFULofEARLYadoptersANDshitclonersFUCKEDtheCRYPTOmovementCOIN.  Much innovation.. Such noob.. lol lol, like your love of Monero which is both a shitcoin and shamelessly plugged. |
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I thought thundertoe doesnt know code and gave TEK to noise23? Why would he be on the list of best devs?
I am fairly sure that he is one of mudderfudder's socks or "candygirls". He msg'd and/or PM'd me saying he was vegan and how launching Vegancoin was a good idea. VeganCoin is a good idea but MeatCoin is better. 100% Proof of Steak!!! Why is it so many of you VEGANaphoebic meatheads think that pictures of meat will scare and/or offend us ? Do you guys ever wonder how much my sleuthing/trolling has cost you guys ? .. I mean.. how much the potential investors have saved ? The few "thank you"s and "holy shit you were right dude !"s I have recieved tells me it must be a fortune ! HOWaHANDFULofEARLYadoptersANDshitclonersFUCKEDtheCRYPTOmovementCOIN will right those wrongs. Believe it. edit Why is it that Vegans care so much about saving animals from being eaten but hate people so much? You know how many Vegans I've met that have a chip on their shoulder? Would be easier to count the ones that didn't have some vendetta against people that don't care about being vegan So when was the last time you spent your time actually contributing to any Coin instead bashing it or other people? I'm sure you think you are saving everyone from themselves but you also need to have as much or more positive influence than just negative.... |
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I thought thundertoe doesnt know code and gave TEK to noise23? Why would he be on the list of best devs?
I am fairly sure that he is one of mudderfudder's socks or "candygirls". He msg'd and/or PM'd me saying he was vegan and how launching Vegancoin was a good idea. VeganCoin is a good idea but MeatCoin is better. 100% Proof of Steak!!!  |
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I can't log in to PaycoinTalk.org to tell them this URGENT message! I guess they are worried I am a troll, but from where I sit, THEY are the trolls! I can help save Paycoin but not if they won't verify my account! Someone pass this urgent message along to PaycoinTalk.org please! My ideas can save their money and their hashlets!
With a $20 floor and the upcoming Honors Program, Paycoin will be the envy of all Crypto. Not to mention the upcoming Paycoin Drone TO THE MOON!!!!!!! But this can only happen IF JOSH IS BACK IN THE FOLD.
Paycoin is only at .04 cents: the people that STOLE Josh's intellectual property have DRIVEN PAYCOIN TO THE BRINK OF DEATH! How can anyone here say we are better off without Josh? When Josh was here Paycoin was worth over $20 at one point. Since it was illegally taken from him it hasn't risen to even above a dollar! Now it's at .04 cents! This is unacceptable and everyone who says it is acceptable needs to be held accountable!
The only way to save Paycoin is: BRING BACK JOSH! This will help recruit more people and make Paycoin go up! Josh's promises are the ONLY thing that has moved Paycoin up. Therefore WE NEED MORE JOSH AND MORE PROMISES! Without him the price will continue it's drop to zero. With Josh, we can make A LOT OF MONEY LIKE WE WERE PROMISED, but the FUDDERS and TROLLS who say nasty things about Josh will miss out and I agree! And those who STOLE Josh't intellectual property CAUSED this crisis! GIVE JOSH BACK HIS INTELLECTUAL PROPERTY NOW!!! or we will all go broke!
Without Josh Paycoin is Dead! But it doesn't have to be this way! Bring back Josh!
Well done. Amusing as it may be, there is an interesting aspect to this trollfuddery. When the "rebels" took over it was claimed repeatedly that XPY will be brought up to "whitepaper specs", that new ways to use it will be created (without fanfare of preannouncements of course) and so on. That was 3 or 4 months ago at ~$0.20 so anyone who listened to that and held on to their coins lost another ~75%. All we got so far is xpy.io and... that's about it, isn't it? They've done a bit of work on the code and reduced the Prime controller rate to 25% They are a bit fucked though because they can't really advertise because of the scame it was built upon. I think they would have done better to just take my advice and remove the prime controllers, face the FUD and join Bitcointalk. |
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I can't log in to PaycoinTalk.org to tell them this URGENT message! I guess they are worried I am a troll, but from where I sit, THEY are the trolls! I can help save Paycoin but not if they won't verify my account! Someone pass this urgent message along to PaycoinTalk.org please! My ideas can save their money and their hashlets!
With a $20 floor and the upcoming Honors Program, Paycoin will be the envy of all Crypto. Not to mention the upcoming Paycoin Drone TO THE MOON!!!!!!! But this can only happen IF JOSH IS BACK IN THE FOLD.
Paycoin is only at .04 cents: the people that STOLE Josh's intellectual property have DRIVEN PAYCOIN TO THE BRINK OF DEATH! How can anyone here say we are better off without Josh? When Josh was here Paycoin was worth over $20 at one point. Since it was illegally taken from him it hasn't risen to even above a dollar! Now it's at .04 cents! This is unacceptable and everyone who says it is acceptable needs to be held accountable!
The only way to save Paycoin is: BRING BACK JOSH! This will help recruit more people and make Paycoin go up! Josh's promises are the ONLY thing that has moved Paycoin up. Therefore WE NEED MORE JOSH AND MORE PROMISES! Without him the price will continue it's drop to zero. With Josh, we can make A LOT OF MONEY LIKE WE WERE PROMISED, but the FUDDERS and TROLLS who say nasty things about Josh will miss out and I agree! And those who STOLE Josh't intellectual property CAUSED this crisis! GIVE JOSH BACK HIS INTELLECTUAL PROPERTY NOW!!! or we will all go broke!
Without Josh Paycoin is Dead! But it doesn't have to be this way! Bring back Josh!
Shoulda bought PayCon, Marketcap is up some 800% Would you like us to explain to you in great detail why XPY crashed so hard in price? |
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I have setup a couple larger nodes you can add as well in addition to those that Sudo has posted
addnode=173.254.204.123
addnode=84.200.84.210
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You must not be familiar with BCX's humor. He has made quite a few photoshopped tweets of Paul I find them rather amusing usually  I'm not real sure what you're talking about. I just post them as I see them. ~BCX~  I have seen pictures of Mullick and he is quite handsome so I can see why Paul could have fallen madly in love with him. Now that same sex marriage laws have been passed last month they can finally prove their love for each other and sign their marriage certificate on the Blockchain. Is there a date yet for the wedding? Will Paul finally remove his sunglasses so we can see those gorgeous eyes of his or is it like the Muslim culture where he will only remove them for Mullick? Is the Bitcointalk community going to be invited to the wedding or are they going to elope in Vegas? So many unanswered questions  |
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Could lack of transparency and anonymous devs be red flags?
In crypto, I've seen some projects with anonymous devs but are not scams. And some legit projects don't have much to say and are playing it close to their chest.
I wonder what you guys think about it in general.
Privacy can be a concern and people should be allowed to have their privacy but you can have anonymity and proving trust over time. A newbie or low active member launching a Coin would be a red flag for me because they would not have the experience needed in how to manage a community and are likely an anonymous newbie account for the purpose of being able to exit the project without any repercussions.
Completely lack of transparency sure but not anonimity. Even if a coin is a great success, knowing the identity of the devs can be dangerous. Just imagine what would happen if Satoshi was known.
And it's not like people who give their name to a coin never scam (Paycoin - Josh Garza), in fact they can scam more because people tend to trust them more.
Lack of transparency is possibly the biggest factor because you can be fully transparent in what you do even if you are being anonymous by proving every action on the Blockchain. In PayCoins care they weren't anonymous but had 0 transparency and would never go out of the way to prove anything being said. |
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Generally the ICO's that are also accompanied with a massive amount of volume, big flashy roadmaps but vague information. In order to P&D a Coin, they need around 50-60% of the Coin otherwise all the holders will dump on their pump.
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Remember CEX.io? Presumably one of the "legit" cloud mining businesses. Got a bit tangled in their own thread: https://bitcointalk.org/index.php?topic=318010.msg11958998#msg11958998Some highlights: - Displayed a fake TrustPilot score on their home page. Then replaced it with another fake "satisfaction" number.
- Insists to have never claimed to own mining hardware. Despite posts showing archived information about purchasing ASICs, data center pictures etc.
- As soon as some criticism appeared in their thread some very happy users started posting positive reviews.
I've never been a big fan of CEX but never thought they would go full Garza. All they need to do now is get one of those hyperflux controllers. This is because most of the companies out there are looking for a quick buck instead of actually improving their businesses to help with crypto's in general. They can give two shits about actually helping as long as they get their money. Do you need help managing your moneY? Hell, I'll give you 3 or 4 shits. Just let me know. www.youtube.com/watch?v=E74QZeqzRTEYou post on this thread more than anyone else, you related to Garza to care so much? or just have nothing better to do with your time? |
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I have added some more TOR nodes and can add these to your PayCon.conf file
addnode=j7dsfqsdt6pjedvq.onion
addnode=ndawxkpfmjgbmycd.onion
addnode=gblnfyurmckzx5h6.onion
addnode=rgz3eevnrwjvnozm.onion
addnode=xuzhdunw6pm2cnxo.onion
addnode=xnmbxhbbhngvp5ea.onion
addnode=4rvjnfn5wiyk2aqp.onion
addnode=pjxv27nvd4ce32xb.onion
addnode=j7dsfqsdt6pjedvq.onion
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I think those are all distributed by burn, not by using burn in the consensus. POB by consensus is analogous to POW, but instead of electricity being burnt, you are burning currency. Every block costs coins to produce, which immediately fixes all the nothing at stake problems which plague POS. The block reward is what incentivises miners to continually burn their own stake in order to produce blocks, and it has equilibrium at break-even just like POW. The advantage of using burn instead of POW is that you can burn infinitely fast, meaning block times are not artificially constrained by computational difficulty, leading to faster confirmation. Block times are more or less irrelevant compared to the amount of data accumulating in the Blockchain, this is my main concern with Cryptonote Coins because the amount of data accrued over a yearly basis is multi-gigabytes so if it can be 10 second or less Block times but the Blockchain grows so quickly that you have a base rate of growth in the gigabytes so if there is a large amount of adoption that it will compound the growth then users will not adopt it for that reason. How do you suppose proof of Burn could be adapted in order to create a type of ledger type system within Bitcoin based Coins? I am thinking something along the lines that current Coins could be burnt within the same chain for a subset of the new chain with the same balances? I don't really want to start a new type of Coin, most anything we could come up with could be adapted within current Coins and would be the best method to go for. |
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I tried and failed. The code compiled ok, but the client didnt like that tor business on startup.
I am running a git version checkpointed before the most recent tor submit.
Ok I'm building on linux as we speak on a fresh install, what error are you getting? The most recent version will only work with 64 bit but the older version will also work. Possibly missed a file or two in the repo but have a source zip and will also be pushing and checking that against the repo to make sure nothing was missed. Raspberry Pi is 32bit and it seems the tor code wants 64bit. It is giving the memory errors. Do you have a link for the source code without tor? You can back up one commit in the source code and pull from that, if you'd like I can also create a new branch that you can pull from that but doesn't include the TOR integration. |
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There was talk of a windows X64 binary. I can really use that as I have my blocks split small and a few thousand of them, and 32GB ram. Is the 2.0 version X64?
Vegas
The 2.0 version is 64 bit and needs it for the TOR integration, if compiling on 32 bit you will get errors. I'd like to try to focus on 64 bit as we progress because as tech progresses slowly 32 bit will eventually be phased out. |
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But to decrease money supply and scarcity there is also reduction in volume and trade, exchanges need volume and trade in order to keep Coins listed so if you are losing money on every trade then you won't trade, exchanges have less volume, less distribution of the money supply, less nodes and consensus. IMO Proof of Burn is not as popular as higher inflation because in higher inflation Coins people will sell excess coins for profit and retain most of their Coins once they reach ROI so you get wider and wider distribution over time.
You're assuming that price remains fixed. A reduction in supply tends to increase price - take a look at 42, for instance: 42 total supply, coin value: 3.4 BTC / coin. https://www.cryptsy.com/markets/view/42_BTCInflation reduces the value of coins overall, because it increases supply... In essence what assume is the case is completely backwards from reality There are no functional proof of burn coins that I'm aware of, which is why I'm interested in exploring how it would work. 42 Coins is the total amount of Coins that will ever be produced and it's extremely low coin supply (0.9178677 Coins currently) has the negative effect of making the Coin seem much more expensive than it's worth, the total marketcap for 42 is $902 USD or just over 3 BTC and being POW only it has been dropping in value ever since it was launched. Over the last 6 months it has lost about 25% in value http://coinmarketcap.com/currencies/42-coin/I only remember one Proof of Burn Coin which was launched with such an extreme amount of burn that it was burning about 50% of the Coins in every transaction and then burned down to nothing. I'm not sure how Proof of Burn can realistically work??? There is slimcoin https://bitcointalk.org/index.php?topic=613213.0ÇoinProLite https://bitcointalk.org/index.php?topic=763364.0levelcoin https://bitcointalk.org/index.php?topic=422309.0Third Generation Coin https://bitcointalk.org/index.php?topic=643300.0and I think KoreCoin utilizes POB as a type of anonyminity https://bitcointalk.org/index.php?topic=668886.0ChanceCoin? https://bitcointalk.org/index.php?topic=528023.0That is the few I could find on the subject. |
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I have built the daemon and wallet from a fresh 64 bit Linux install of both the daemon and QT  only extra additions you should need is the dependency for TOR integration apt-get install libevent-dev and can add a couple TOR nodes I have setup to your PayCon.conf file addnode=xnmbxhbbhngvp5ea.onion addnode=4rvjnfn5wiyk2aqp.onion Going to get some sleep then do checks on the sourcecode, add more TOR integrated nodes. |
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I'm not really a fan of burning coins itself within a currency where you get a reduction of currency supply in the form of fees being destroyed because it should be where as much of the money supply is as active as possible and to reduce that active supply you would get less strength of the network as people forget about Coins they have or lose keys over time.
Reducing money supply increases scarcity and therefore increases coin value. I'm not sure how reducing active supply decreases the network strength? In POB the network strength comes from the ongoing cost of block production, just like in POW. But to decrease money supply and scarcity there is also reduction in volume and trade, exchanges need volume and trade in order to keep Coins listed so if you are losing money on every trade then you won't trade, exchanges have less volume, less distribution of the money supply, less nodes and consensus. IMO Proof of Burn is not as popular as higher inflation because in higher inflation Coins people will sell excess coins for profit and retain most of their Coins once they reach ROI so you get wider and wider distribution over time. |
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