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781  Alternate cryptocurrencies / Altcoin Discussion / Re: MonetaryUnit Coin Swap Poll on: July 25, 2016, 12:13:27 PM
The best is by far no change. Changing it to X11 will mean the death of mining to the big farms and ASICs.
Thanks for the input, the sad fact is Quark algo has inherent issues that several pools have removed MUE because of, and also, we simply don't get the interest of miners because Quark algo is pretty much disregarded.
782  Alternate cryptocurrencies / Altcoin Discussion / Re: MonetaryUnit Coin Swap Poll on: July 25, 2016, 09:38:03 AM
As per

Happy to announce that pjcltd will be taking over as technical lead for the MonetaryUnit project.

pjcltd will be leading the transition over, and as a community we need to finalise how we want the new MUE to be.
ETH, DASH,?
hashimotodagger, x11, scrypt

This will be an important project and we will manage the transition as a senior team and a community together.
This will open up a huge array of possibilities over the long term, and in the short term address many concerns regarding network hashrate, pool issues, services no longer active etc

I am still awaiting updates from UpgradeAdvice, however he is not being forthcoming with any resolutions.

We are looking to move MUE onto a new Algo with lots more features  but we would like this to be a joint thing not just us telling you what we are going to do.

Theirs lot of different coins / Algos out there  that have done well and are very stable.
So with that in mine we would like your ideas / comments on this poll.
If you want us to add different Coin’s / Algos  let me know and I will add them to list

thanks
Paul


Thanks Paul, I've voted.

We've discussed plenty within slack about potential tweaks etc managing accessibility to users with limited resources & funds etc & also with swrtse about potential tweaks to transaction processing to allow fair and non elitist exclusivity based on tx fee looking at as close to a FIFO type model as possible (more research is ongoing).
I'm sure discussions will continue.

My personal preference is a Dash clone with some amendments that looks something like this;
  • 40 mue per block every 40 seconds as is currently
  • Reduction in coin cap to 4 billion (4,000,000,000) rather than the essentially unlimited cap at the moment (though it would actually take millions of years to mine the quadrillion cap) - I think perception is such a huge factor in adoption, and I think changing this will help the project a great deal.
  • Change in Master Node parameters - The_Prof and I liked the idea of making "master nodes" more accessible than they are currently for Dash ($13000/1000 Dash each) - If we could offer some kind of "tiered" master nodes, maybe 3-5 levels of tier, starting at the cheapest moving upwards & maybe some kind of pro-rata reduction in the %return for each tier of node
  • Development fund - The sustainable & self funding model of dash is fantastic & we could look to utilise this to fund Bounties, services, marketing etc
783  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MonetaryUnit [MUE] Quark based, CPU mining, faucet, explorer, pool, wallet on: July 25, 2016, 09:06:34 AM
Please see PJCLTDs poll on the future direction of MUE.

Please get involved, discuss, air your views, don't take a back seat Smiley

https://bitcointalk.org/index.php?topic=1564635.msg15700834#msg15700834
784  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MonetaryUnit [MUE] Quark based, CPU mining, faucet, explorer, pool, wallet on: July 21, 2016, 08:18:28 AM
New merchant now accepting MUE
https://www.mp-hosting.co.uk

Pay for your hosted unomp/mpos pool with MUE
785  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MonetaryUnit [MUE] Quark based, CPU mining, faucet, explorer, pool, wallet on: July 20, 2016, 10:44:50 AM
Happy to announce that pjcltd will be taking over as technical lead for the MonetaryUnit project.

pjcltd will be leading the transition over, and as a community we need to finalise how we want the new MUE to be.
ETH, DASH,?
hashimotodagger, x11, scrypt

This will be an important project and we will manage the transition as a senior team and a community together.
This will open up a huge array of possibilities over the long term, and in the short term address many concerns regarding network hashrate, pool issues, services no longer active etc

I am still awaiting updates from UpgradeAdvice, however he is not being forthcoming with any resolutions.
786  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MonetaryUnit [MUE] Quark based, CPU mining, faucet, explorer, pool, wallet on: July 20, 2016, 09:41:23 AM
I don't have looked in the deep of mining algorithms yet.
What about the algorithm ETH uses. Sure there was problems in the past, that was to be expected from a new concept (as far as I understand it, its a new concept), but they are in the process of getting rid of it and the algorithm sure has it's fans.

Personally I do not like DASH to much. I just tried the mixing function once and it never got finished. Maybe if privacy is an factor mixing should be an automatic process.

When I think about it mixing could be a great option but currently in DASH there are to less pople doing it. I can only assume that would be an even greater problem for MUE.
My quick thoughts about (without knowing the consequences)
  • Make mixing and private send the default behavior
  • introduce an special transaction type for mixing that comes with no fees but got accepted by miners lets say 10 transactions per block
  • make wallets respond to that transaction type by joining the mixing so that enough people for the mixing are participating
  • With a view in the future and a view to the bitcoin blockchain. Find a way to give transactions a priority value based on there creation time. With bitcoins if you do a transaction it is based on your luck when a transaction is taken into the block. (Last BTC transaction took 4 days for me). With an priority system for transactions based on creation time and payed fees. you can assure that each transaction will be processed some time, it can be predicted very good.
  • With an priority system for transactions the block creation algo can be changed from x transactions per block to an each block contains all transactions with priority greater x. That would lead to a very fast transaction acceptance even when there are very much transaction flying around

I hope you understand what I mean. At least that's what I would do if I ever made a coin myself. Well I would not create just a coin but a coin ecosystem of three coins and an hole new (self designed) algorithm Smiley.

Yeah, I think all that sounds pretty cool, can you have it implemented this time next week please? Cheesy

I think as a longer term goal, I like your suggestions, just requires the right level of technical expertise.
787  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MonetaryUnit [MUE] Quark based, CPU mining, faucet, explorer, pool, wallet on: July 19, 2016, 02:51:31 PM
Please join in the discussion on Slack at our auto-invite link
https://mueslack.herokuapp.com/

or feel free to air your views in this thread.

I am currently quite strongly attracted to a DASH migration for MUE.

So, a change of algo to X11 - X11 algo has lots of stable mining software & hardware for it, and to rent an X11 rig is at least half the price of a Quark rig.

Addition of Masternodes - These are pretty much a way to have POS benefits to a POW coin.
So while MUE will become an X11 POW coin, people can invest their MUE into a Masternode (price to be confirmed - maybe 1,000,000 MUE) and receive dividends from it.
Currently I believe the DASH Masternodes receive a yearly dividend of 10.14% of the coins they have invested in a masternode (and cost is 1000 DASH i.e $8,000)

DASH has a huge and active community which will hopefully benefit our project.

I was chatting to MTX_Demon who runs www.weminemue.com and he suggested a merge mine with DASH which could potentially make us the DOGE equivalent to Litecoin but for DASH.
That would be huge for our project if we could iron out the technical aspects.

I have grave concerns about remaining with the Quark algo, and I have concerns also about becoming a pure POS coin.
Happy to hear alternatives, but I think migrating to the DASH codebase would give us huge advantages for the future.

I don't plan on changing parameters regarding block time, and block reward, but I am thinking of reducing the total coin supply to 4,000,000,000.

Thoughts?
788  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MonetaryUnit [MUE] Quark based, CPU mining, faucet, explorer, pool, wallet on: July 19, 2016, 12:59:13 PM
There's a new update on the wrapper front. I took me a while. Planing an 20.000+ Visitor Event and writing this wrapper proofed really incompatible. However somehow I managed to make the time.

The wrapper is finished. A new Release is added to GitHub (https://github.com/swtrse/BittrexClient.net)
I still consider this a pre-release because it is not tested in the wild.

The next steps will be
1) Writing a a small documentation and add it to the GitHub (Will be done in the next hours)
2) The Wrapper is made async so a client can call the wrapper methods many times at once. I will add a flood protection so that the wrapper ensures that there are only the allowed api calls per second.
3) Starting to write a trading tool based on that wrapper.

With the first version of the Trading tool the Build state of the wrapper will switch to a non pre-release state.

If someone wants to participate or do have input. Please use the issue function on GitHub. To file a request/issue.
English is not my natural language and writing an wrapper to a (poorly) documented api is one thing understanding what the parameters are doing is an other.
If you like you can take a look at the Goldfinger.Bittrex.xml file inside the zip archive. This file contains the descriptions for all public Methods, Entities and Properties that can be used.
I tried to use the same names for the same thing all around the api planing if I ever write an other wrapper for an other exchange to use the same names, so that a developer who uses my wrappers always know that this name has this meaning regardless how the exchange names it. I have done a lot of guessing there and if someone thinks the naming is off and should be changed please file a suggestion on GitHub.
Localization of Error Messages is also possible. If someone do want to add a language I can extract the strings for translation.

Thank you Swtrse for your continued support of this project, and for finding the time in your busy schedule.
I hope your convention went well Smiley
789  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MonetaryUnit [MUE] Quark based, CPU mining, faucet, explorer, pool, wallet on: July 19, 2016, 12:57:51 PM
What are peoples thoughts about an algo change and coin cap change?

How about a change to neoscrypt? or a change to a pow/pos hybrid?

What about coin inflation?  We could set it to be a fixed 3% growth per year maybe?

Happy to hear thoughts and feedback so we can get more people mining this coin, and more people interested in this project.

Thanks

B

Hey B, thanks for requesting a response on this.

On the one hand I always liked MUE because of the starting principles: it had a very slow mining start where block rewards were only 0.025 MUE per block. MUE had doubling events instead of halving events which resulted in the following 40 MUE per block, unto perpetuity. By design it was meant ot be an anti-instamine, low-value-per-unit currency with constant generation towards a high market cap.

But the world of crypto is very different since MUE's initial launch, so it's definitely worth revisiting these principles to see if they still hold up. MUE was a purely conceptual altcoin, like, a true conceptual alternative to Bitcoin, borne of the thought process "what if the main cryptocurrency everyone uses didn't have a PoW ASIC arms race, and doubled instead of halved so everyone could have an easy time getting some even if they were late to the party." Now the cryptocurrency environment is less focused on conceptually challenging Bitcoin for the top spot, and more focused on accomplishing specific niche goals or integrating with Bitcoin and everything else.

I definitely agree that nethash is low and it would be a good idea to consider changing it to something more sustainable. Unique CPU algorithms are relatively weak and it only takes a small botnet to 51%-attack the network via hashrate. This factor could be suppressing MUE's price or ease of adoption. Generally an easy choice for a PoW coin that wants more network security is to change to sha256 or scrypt (or even x11 now) mining algo, so it will benefit from the occasional hashrate from multipool mining attention. The problem over time is that this gets diluted as more and more PoW coins get added to the multipool.

Perhaps a change to PoW/PoS hybrid would be a good thing since it would have the benefits of allowing for multipool mining (with a PoW algo change) and also the benefits of staking. The MUEbank initiative is a centralized way of allowing MUE holders to tie up their stake, so the mere fact that this exists suggests that an implementation of PoS would be better. PoS at generative rates less than 100% reduces the available supply at any given time, which allows for a little more upward pressure on the marketplace.

It's important to note that with MUE's stable price in the 30-50 sat range, its relative value was still increasing over time due to the inflation of coins entering the market via PoW. This process just isn't as apparent as a price increase, and price increases over time are a much bigger attractor of speculation and "investment".

Honestly I've always liked MUE for the experiments it's tried on top of the original principles. I've always figured it was just a matter of time before one of the experiments paid off really well, and MUE gained its value proposition or found its niche application that way. There's always the risk that neither of those two things would ever happen, but no risk, no gain potential. I can see why the MUE team might start to get disheartened that the experiments aren't catching on after two plus years, and start wanting to go back and examine the fundamental principles to see if changing them might shake things up. But as far as I can tell, MUE is the only coin of its kind that's surviving having been based on those principles. I'm not saying those principles are the only driver of value for MUE, but perhaps it's worth pursuing new experiments and applications over simple updates to the software that could undermine the principles on which MUE was based. The hard work based on existing principles is always harder by definition, but maybe it's more worthwhile.
Thanks as always for your feedback.

The final decision of course isn't just mine, however, I feel maybe just an algo transition to pow/pos X11 might be the way to go.
I still believe in the underlying principles of this project, but just from an economic point of view, X11 rig rental is at least half the price of Quark rig rental, and combined with what appears to be the instability of the Quark algo on several pools (and lack of development for Quark), an algo change is something that has to be done.

Hopefully we can galvanize thoughts for a sensible & sustainable outcome Smiley
790  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MonetaryUnit [MUE] Quark based, CPU mining, faucet, explorer, pool, wallet on: July 18, 2016, 02:20:26 PM
What are peoples thoughts about an algo change and coin cap change?

How about a change to neoscrypt? or a change to a pow/pos hybrid?

What about coin inflation?  We could set it to be a fixed 3% growth per year maybe?

Happy to hear thoughts and feedback so we can get more people mining this coin, and more people interested in this project.

Thanks

B
791  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MonetaryUnit [MUE] Quark based, CPU mining, faucet, explorer, pool, wallet on: July 16, 2016, 03:59:22 PM
why web wallet can't access?
We're waiting on Upgradeadvice to reactivate a few services. Hopefully he will do this as soon as possible.
Apologies for the inconvenience.
792  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MonetaryUnit [MUE] Quark based, CPU mining, faucet, explorer, pool, wallet on: July 15, 2016, 01:22:52 PM
We're thinking about adding a Slack tipbot (new users get a mue welcome tip)
and also a mue forum that people who post, engage, interact etc on the forum will get mue tips.

I think both would attract new users, help generate content for mue, and generally increase the mue userbase.

Thoughts?
793  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MonetaryUnit [MUE] Quark based, CPU mining, faucet, explorer, pool, wallet on: July 14, 2016, 09:44:27 AM
It's a bit of a long shot, however I have negotiated a listing for MUE on the new Brazilian market crypto exchange http://chameleonbit.trade/

If you think this will be of any benefit to anyone, please let them know.

Thanks

edit: Sorry, forgot to mention this was achieved with the help of The_Boccet (thanks man!)
794  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ChameleonBit on: July 14, 2016, 09:42:24 AM
Thanks for listing MUE on http://chameleonbit.trade/

I hope your Brazilian market will find MUE an interesting crypto to invest in.

Good luck!
795  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MonetaryUnit [MUE] Quark based, CPU mining, faucet, explorer, pool, wallet on: July 14, 2016, 09:35:41 AM
I've updated the ANN with a few edits/amendments.

Please feel free to let me know of anything that needs changing in the ANN or our home page etc

Join us in Slack Smiley

Slack: http://muecoin.slack.com - register here https://mueslack.herokuapp.com/
796  Economy / Services / Re: WTB "Pay for posting" forum just like www.QuarkTalk.cc on: July 13, 2016, 03:28:34 PM
Do they mean that when you get to be a member and post on their forum, you can earn Quarks? if so then this is almost no different to steem, where blogging is somehow like mining as the y claim. allcryptotalk.com forum has ACTS as well, not sure if ACTs can be spent though.
Yeah, but we want the content restricted to the MUE forum rather than it being general blogging.
I basically want to clone the Quark forum, but their community seems unresponsive to my enquiries, so seeing if there are alternatives out there.
797  Economy / Services / WTB "Pay for posting" forum just like www.QuarkTalk.cc on: July 13, 2016, 03:17:25 PM
Hi all, we're looking to source a forum similar to
www.QuarkTalk.cc

What this "did", but doesn't seem to work anymore, is reward people in crypto for posting & engaging in the forum.

Does anyone know of anything similar, or who made the Quark forum, or who could build us something like this?

Look forward to any useful feedback.

Cheers

B
798  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MonetaryUnit [MUE] Quark based, CPU mining, faucet, explorer, pool, wallet on: July 13, 2016, 01:43:22 PM
mtx_demon has set up a MUE pool which is currently under BETA testing.

This will become the official MUE pool.

If you could please help by directing some hash it would be appreciated.

Details at www.WeMineMUE.com

Please feel free to join us in our slack channel, auto enrol here -  https://slackinvite.herokuapp.com
799  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MonetaryUnit [MUE] Quark based, CPU mining, faucet, explorer, pool, wallet on: July 13, 2016, 08:38:26 AM

Faucets you can try

http://cryptoguru.tk/Faucet/index.php?Currency=MUE

www.freeMUE.com

There are always future plans, sometimes those don't happen, sometimes they take longer than expected, sometimes they change.

What I can say is we hope to have www.MUEgs.com launch this year (the gaming portal being developed by Roslinpl)

I am in discussions with an exchange to host our MUE savings and loans services, and they seem receptive to starting it and are doing some research. If that is a go, I would hope that will be live this year too.

Ideally I'd like to take www.cryptowhitelabel.com forward, we just need to identify the right partner to work with us on that which will strengthen the MUE project and bring in funds to re-invest.

Any suggestions or ideas, or anything you want to set up, just let us know & go for it Smiley

Thanks for sharing this list of faucets for MUE. I've never thought that such faucets existed. Still, I'm looking forward for MUEGS to launch too as it may drive MUE's price all the way to the moon. I've always been a fan and good supporter of MUE, but sometimes I'm short of time due to college stuff/issues, etc. I had the dream of launching a MUE Cloud Mining Service but I guess that it will be a really big project considering that it is only me and my partner (and also the short time I have to manage things). Looking forward to see MUE become the next popular altcoin.  Smiley
Hey, any help & support is appreciated, we give what we can, and that's cool Smiley

This may interest you wrt your cloud mining project
https://www.nicehash.com/?p=gpufarmrental

pretty reasonable long term gpu farm rental.

I did the 3 month N1 rental, and I can't fault it at all.
800  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MonetaryUnit [MUE] Quark based, CPU mining, faucet, explorer, pool, wallet on: July 12, 2016, 02:59:52 PM
Are there any good paying faucet for this long lasting coin. This coin is trading well since the beginning. Are there any future plans?
Faucets you can try

http://cryptoguru.tk/Faucet/index.php?Currency=MUE

www.freeMUE.com

There are always future plans, sometimes those don't happen, sometimes they take longer than expected, sometimes they change.

What I can say is we hope to have www.MUEgs.com launch this year (the gaming portal being developed by Roslinpl)

I am in discussions with an exchange to host our MUE savings and loans services, and they seem receptive to starting it and are doing some research. If that is a go, I would hope that will be live this year too.

Ideally I'd like to take www.cryptowhitelabel.com forward, we just need to identify the right partner to work with us on that which will strengthen the MUE project and bring in funds to re-invest.

Any suggestions or ideas, or anything you want to set up, just let us know & go for it Smiley
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