I've just pushed out a mandatory update that will increase the incentive for mining, I think the original calculation was a little to harsh too quickly. The mining reward will jump quite a bit, and then have a more loose relationship with the difficulty. I think I've made really good progress and this will be great for XCoin.
Please update if you are :
- running a linux client or daemon
- running the windows full client (this should be out soon)
Miners running minerd are fine. This update goes into effect on block 5465.
If you miss this update message, worry not, just update and remote ~/.xcoin/chainstate and ~/.xcoin/blocks. Then you'll be good to go!
I thought that once a coin was launched, it was set. Is this not so? I was wondering about this also with the future encryption update planned; where transactions would be further obfuscated to hide identities. What keeps the coin from being manipulated in the future? I'm sure this is normal, but am compelled to ask how that works  Thanks to anyone who can explain this. Also, I think it would be good for the coin if this were explained here Ahhh, I'm learning so much! Things I didn't wholly understand before comes to lite!!! AT this early juncture, with so few users, it is not hard to make adjustments to the block chain because, though you still need to get everyone to update the wallet (or at least 51% of the users), it's much easier to get a consensus to do so. Later it may be impossible. Hence the 51% attack. If someone could get control of 51% of the hacking power, they could insert a fake block chain, and it would be recognized as the correct block chain because more systems accept it than don't. Of course this isn't changing the block chain, it's merely changing the algorithm. Now I'm guessing that the plans for encrypting the transactions another level at some time in the future is not going to have any effect on the block chain, and therefore will work as any other updates developers add to a coin. Right? This is all very interesting and I don't mean to imply it's not all on the up and up, 'cause I agree it's a good idea to make the coin more attractive to mine especially now a days with all the competition out there. So now my question is, do I need to update my wallet even so I'm in a pool to receive the proper rewards or accept payment in the future? You're logic is pretty sound Basically, to adjust some of the core parameters at this point all I need to do is get the pools to update their wallets. Also, it's worth noting the changes I made didn't change the block chain in the past, but they go effect in the future. Users will also experience problems if they're using a full client, because it needs to understand the changes to the algorithm. So yes, you'll need to upgrade your wallet. Xco.lotterymining.com didn't upgrade their wallet on they pool yet so they're out of business until they do. I sent the moderator a message earlier, but he hasn't gotten back to me. So I would mine somewhere else in the mean time, pool.xcoin.co is open for business and humming along if you want to join us. well, updating now, but really i do need a little more time than that to change over, we have something called sleep too you know :-p compiling as we speak... This should be the last mandatory change that needs to be made until I start rolling out my encrypted transaction changes and sleep is overrated  |
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I've just pushed out a mandatory update that will increase the incentive for mining, I think the original calculation was a little to harsh too quickly. The mining reward will jump quite a bit, and then have a more loose relationship with the difficulty. I think I've made really good progress and this will be great for XCoin.
Please update if you are :
- running a linux client or daemon
- running the windows full client (this should be out soon)
Miners running minerd are fine. This update goes into effect on block 5465.
If you miss this update message, worry not, just update and remote ~/.xcoin/chainstate and ~/.xcoin/blocks. Then you'll be good to go!
I thought that once a coin was launched, it was set. Is this not so? I was wondering about this also with the future encryption update planned; where transactions would be further obfuscated to hide identities. What keeps the coin from being manipulated in the future? I'm sure this is normal, but am compelled to ask how that works Thanks to anyone who can explain this. Also, I think it would be good for the coin if this were explained here Ahhh, I'm learning so much! Things I didn't wholly understand before comes to lite!!! AT this early juncture, with so few users, it is not hard to make adjustments to the block chain because, though you still need to get everyone to update the wallet (or at least 51% of the users), it's much easier to get a consensus to do so. Later it may be impossible. Hence the 51% attack. If someone could get control of 51% of the hacking power, they could insert a fake block chain, and it would be recognized as the correct block chain because more systems accept it than don't. Of course this isn't changing the block chain, it's merely changing the algorithm. Now I'm guessing that the plans for encrypting the transactions another level at some time in the future is not going to have any effect on the block chain, and therefore will work as any other updates developers add to a coin. Right? This is all very interesting and I don't mean to imply it's not all on the up and up, 'cause I agree it's a good idea to make the coin more attractive to mine especially now a days with all the competition out there. So now my question is, do I need to update my wallet even so I'm in a pool to receive the proper rewards or accept payment in the future? You're logic is pretty sound Basically, to adjust some of the core parameters at this point all I need to do is get the pools to update their wallets. Also, it's worth noting the changes I made didn't change the block chain in the past, but they go effect in the future. Users will also experience problems if they're using a full client, because it needs to understand the changes to the algorithm. So yes, you'll need to upgrade your wallet. Xco.lotterymining.com didn't upgrade their wallet on they pool yet so they're out of business until they do. I sent the moderator a message earlier, but he hasn't gotten back to me. So I would mine somewhere else in the mean time, pool.xcoin.co is open for business and humming along if you want to join us. |
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Awesome! I tested it, it works, and I paid the bounty |
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I've just pushed out a mandatory update that will increase the incentive for mining, I think the original calculation was a little to harsh too quickly. The mining reward will jump quite a bit, and then have a more loose relationship with the difficulty. I think I've made really good progress and this will be great for XCoin.
Please update if you are :
- running a linux client or daemon
- running the windows full client (this should be out soon)
Miners running minerd are fine. This update goes into effect on block 5465.
If you miss this update message, worry not, just update and remote ~/.xcoin/chainstate and ~/.xcoin/blocks. Then you'll be good to go!
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Christ, when is this gonna pay out even just a little.
Anyone that has EVER mined at pool.xcoin.co please login and look to see if you have coins. Apparently we mined about 20 blocks and I just got the site to pay everyone for their backwork Unable to login: Account locked. FireWalkerX Unlocked, try again |
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Christ, when is this gonna pay out even just a little.
Anyone that has EVER mined at pool.xcoin.co please login and look to see if you have coins. Apparently we mined about 20 blocks and I just got the site to pay everyone for their backwork |
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On every pool I've tried, my worker keeps going off line? However, my miner keeps giving me lines such as:
[2014-01-21 19:31:29] thread 2: 460462 hashes 9.79 khashe/s
or
stratum detected new block
So I am pretty sure I'm connected, but my workers keep going on strike. Please, does anyone have any idea why?
At 9.8kh/s your hash rate is low enough that you're not getting shares very regularly so the pool software is thinking you went away. However, you're still be credited on the stratum side when you do receive shares so I wouldn't worry about it. |
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Great, now that everything is stable, I'll be posting later about the vision of this project and milestones! Time to move on to actually implementing what I set out to do.
maybe you should remove http://cpu-pool.net/ from the front page, its still stuck on block 4500 Done |
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As promised, here is our vision and future plans for XCoin! http://xcoin.co/XCoinVision.pdfTL;DR: We're building XCoin into a moderately-anonymous network, where the transactions are sent encrypted and only able to be read the party who is receiving the funds. Blocks will be published via CoinJoin as to ensure some amount of anonymity. This is being built in such a way to compete with the other top alt-coins and maybe even Bitcoin. |
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NEW POOL Ive setup a new pool for xcoin, with a twist. first 20 to switch over gets credited 20 xco after being active for 1 week. AND every 7 days there is a lottery, ( 1 ticket per active user, per day, totally 7) the winning pot is 50 % of the fees, plus the next 3 weeks i will throw in 100 xco on top of that. pool is PPLNS fee is 2% (50% goes to the lottery pot) full block rewards. xco.lotterymining.com (Currently the stats on the dashboard doesnt work, but the pool IS finding blocks :-) ) That's great! Congrats on getting stratum-mining to work, that thing is a nightmare. |
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pool.xcoin.co is live and working properly! Let's move over some processing power and decentralize this network
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Ok, it's interesting!
BTW what do u think about coined up or cryptsy?
Yeah, I'd like to get the coin listed somewhere. |
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Great, now that everything is stable, I'll be posting later about the vision of this project and milestones! Time to move on to actually implementing what I set out to do.
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We just hit 4500, If anyone is having problems try updating to the newest version and restarting.
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Launched a pool! Come on over and help us decentralize our network, if every comes over at once there won't be a performance hit to any of us. http://pool.xcoin.co/ |
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How come cudaminer won't mine on either of the pools?
Use minerd, it's in the first post on page 1. XCoin uses the X11 hashing algo, so you have to download that one. |
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The Small Time Miner XCoin Pool * http://xco.smalltimeminer.com* Pplns Payouts. Full Block Rewards Rewards Including Tx Fees, 1% Pool Fee. * Stratum Only: stratum+tcp://xco.smalltimeminer.com:3350 Pool should work, completely untested at this point, wasn't a miner available at the time and I won't even be able to test it myself for several hours, difficulty is still low so solo mining is probably the best option yet but its running if anyone wants to try it out. Bigal, can you confirm you upgraded your wallet on the pool?
"version" : 80602,
"protocolversion" : 70002,
"walletversion" : 60000,
This right or wrong? Did a git pull and it looked like it updated main.cpp then I rebuilt it. Edit: I'm just going to build a fresh clone to be sure it went right no harm in that I guess. Edit 2: Rebuilt fresh clone and I have the same numbers. Yeah, that's correct. Thanks! I just forgot to push the tag for 0.8.7.0, so you have the correct version. |
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