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201  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] MemoryCoin | CPU Only | Trade on Bter | 5% Reward Reduction Per Week on: August 25, 2013, 04:05:52 PM
I invite people who vote for the Revolution Pool to also vote for FreeTrade as a second choice,
since he is out the grant now.

Anybody else can vote for him to, votes are very low (65%) so it will be easy to get him back in.
202  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin High Performance on: August 25, 2013, 10:11:48 AM
If you want to get an estimation of your block/day :
Take one minus the decimal part of the difficulty and multiply it with your chain/day.

block/day = (1 - dec(difficulty) ) * chainsperday

From your example :
    "chainsperday" : 0.28633614,
    "difficulty" : 9.68146938,
block/day = (1 - 0.68146938) * 0.28633614 = 0,091206828 = around one block every 11 days !



firstly, finally a forum search where i found what I was looking for Smiley

secondly..  since we dont use the whole number of the diff, can I assume that the chainsperday calculation takes into account the whole number?

The formula posted by SlyWax isn't accurate. He assumed that the decimal part would behave linearly while in reality it seems to behave logarithmically.

Well it's not linear.
If you plot the number of days to find a block VS fractional difficulty with my formula ( with chains/day=1 ), you get :

http://fooplot.com/plot/84iljd7anq

Then you have to add the chance of next length chain to the number as stated in my previous post (chainPerDay/36)

The chains/day estimate does account for the integer part.

Do you mean that the chains/day change with the fractional difficulty ?

If it's the case, then to compare two chains/day number we would have to account for the respective difficulty.
203  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin High Performance on: August 25, 2013, 07:35:44 AM
If you want to get an estimation of your block/day :
Take one minus the decimal part of the difficulty and multiply it with your chain/day.

block/day = (1 - dec(difficulty) ) * chainsperday

From your example :
    "chainsperday" : 0.28633614,
    "difficulty" : 9.68146938,
block/day = (1 - 0.68146938) * 0.28633614 = 0,091206828 = around one block every 11 days !



firstly, finally a forum search where i found what I was looking for Smiley

secondly..  since we dont use the whole number of the diff, can I assume that the chainsperday calculation takes into account the whole number?

with the example
Quote
From your example :
    "chainsperday" : 0.28633614,
    "difficulty" : 9.68146938,
block/day = (1 - 0.68146938) * 0.28633614 = 0,091206828 = around one block every 11 days !

what about "difficulty" : 10.68146938,?   what am i missing?

There is a small add-on I should do here, is that the formula doest take into account the chain of higher length than the current.
So to be exact you should add the difficulty difference between the two chain length times the chainsperday.
After Sunny white paper the difficulty difference between the two chain length should be around 36x.
I don't know if this number is still accurate between 9 and 10 chain length.

Anyway you should add :  chainsperday/36 (and again (chainsperday/36)/36 ) to your calculation, witch is not a big difference.

From the example : 0,091206828 + 0.28633614 / 36 = 0,091206828 + 0,007953782 = 0,09916061
So well around one block every 10 days

As for diff 10.68146938 the chainperday should not be the same.
204  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] MemoryCoin | CPU Only | Trade on Bter | 5% Reward Reduction Per Week on: August 24, 2013, 06:13:34 PM
FreeTrade, I have some question about the votes,

In the log you can see that some address are eliminated on round 2
Those address have a lots off votes (~10,000)
And on round 4 you see others address are eliminated, but they have a much lower number of votes (~1,000 or less)

How come the biggest get eliminated first ?
Is this a bug ?

I doubt it is a bug.  Without an example, it is hard to say....But for example, see block award for 4460.  Are you asking why MVTEoEohmThgMYijuR2oPZSmStTdycrGzp was eliminated in round 1 (balance 7233) when in round 3 there is someone with lower balance (2457)........Appears to be that account MNNFraHV8KfeLoqib6Vwf6P31twihjRqQD was voting for MVTEoEohmThgMYijuR2oPZSmStTdycrGzp and MVTEoEoHX4XhRkJnkGVLKDYhHG4MbJDVCT.  When the grant went to MVTEoEoHX4XhRkJnkGVLKDYhHG4MbJDVCT, his MVTEoEohmThgMYijuR2oPZSmStTdycrGzp was eliminated because those votes were used up by VCT....or some went to VCT and the remainder left the Gzp account below the number of votes of those that had already been eliminated.

My take on it at least.


Block 4460:

Award Round:0
Candidates Eliminated (19)
Candidate Eliminated: MVTEoEorjtwtccACwSTb53uJcjmjUnyexu(1488)
Candidate Eliminated: MVTEoEoiZ8QhdkbiFmvWqA8RcWhg5QX9JA(1488)
Candidate Eliminated: MVTEoEocT88fm2fZuyNFgrD9W5nEKVtqaH(2497)
Candidate Elected: MVTEoEomFfe7WuSEepMLsorgYzCQGBVw1z (15867)
Surplus Transfer Value: 0.131896
-------------:
Award Round:1
Candidates Eliminated (2)
Candidate Eliminated: MVTEoEohmThgMYijuR2oPZSmStTdycrGzp(7233)
Candidate Elected: MVTEoEoHX4XhRkJnkGVLKDYhHG4MbJDVCT (16835)
Surplus Transfer Value: 0.181818
-------------:
Award Round:2
Candidate Eliminated: MVTEoEo5LgYAMVh95oBBfGPj2eCDzkuJC3(10603)
Candidate Elected: MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN (19569)
Surplus Transfer Value: 0.296135
-------------:
Award Round:3
Candidates Eliminated (6)
Candidate Eliminated: MVTE2E2WrdHtk8Mj61V1H9b41zcE6W33Cv(2457)
Candidate Elected: MVTEoEoUtxKDFLVRJt8c79oqP5C2GB9oBP (13514)
Surplus Transfer Value: 0
-------------:
Award Round:4
Candidate Elected: MVTEoEoiMwtXEeHDUYfuwA9ZvbKSH8Jfqb (11172)
Surplus Transfer Value: 0

On the contrary rGzp is eliminated, then DVCT get the votes (2nd choice) who where on rGzp (1st choice).
->Balance:7233 - MNNFraHV8KfeLoqib6Vwf6P31twihjRqQD
--Preference 1 10000 MVTEoEohmThgMYijuR2oPZSmStTdycrGzp
--Preference 2 30000 MVTEoEoHX4XhRkJnkGVLKDYhHG4MbJDVCT


But I was not referring to that but : uJC3 with (10603) eliminated on round 2, then after there are even address with (46) who get eliminated on round 3

Award Round:3
Candidate Eliminated: MVTE2E2QkUKbxdkEFTPZ2UY6W5PE5G2Hse(46)
Candidate Eliminated: MVTEoEoyZywJ7gvHmZKJWK9nY1UtzzH1Aa(248)
Candidate Eliminated: MVTEoEosATGKUKV9KCsK8NxGg9tkxumfeR(248)
Candidate Eliminated: MVTEoEoppa8mvP1V8AkLNKT8W3NvPr2BMp(248)
Candidate Eliminated: MVTEoEo3asirrJiyCF11rFtaPt2XKNcsjk(430)
Candidate Eliminated: MVTEoEoHoCw1UFpcXTtQZ5inZLuJjuUVcP(649)
Candidate Eliminated: MVTE2E2WrdHtk8Mj61V1H9b41zcE6W33Cv(2457)
Candidate Elected: MVTEoEoUtxKDFLVRJt8c79oqP5C2GB9oBP (13514)

205  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] MemoryCoin | CPU Only | Trade on Bter | 5% Reward Reduction Per Week on: August 24, 2013, 05:39:59 PM
As a side question, is the voting pool a manual effort?  I saw you got some grants (>150 block ago) and have not seen payments.

It's semi-automatic.
I don't want to leave a daemon running for now, so I do it in batch.
The thing is, since the coin are on the same address, I have to wait 1 confirmation between each transaction, so it's a pain in the ass...

So yeah I won't send it as soon as it mature...
206  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] MemoryCoin | CPU Only | Trade on Bter | 5% Reward Reduction Per Week on: August 24, 2013, 03:47:05 PM
FreeTrade, I have some question about the votes,

In the log you can see that some address are eliminated on round 2
Those address have a lots off votes (~10,000)
And on round 4 you see others address are eliminated, but they have a much lower number of votes (~1,000 or less)

How come the biggest get eliminated first ?
Is this a bug ?
207  Alternate cryptocurrencies / Altcoin Discussion / Re: USA youth becoming debt slaves, indoctrinated into socialism on: August 24, 2013, 01:21:30 PM
Ok but what is your plan to redistribute money equally.
Your decentralized digital currency won't solve this problem.
If it succeed it will only allow the rich to escape tax.

It will also allow the poor and middle class to escape tax (and debt collection), and they pay most of the tax.

When you are poor you have no money, and even more you have no money to put in a virtual currency.

The solution is not to tax the rich more (impossible), but to tax everyone less, and shrink the parasites who rely on taxation.

Taxation is used to build the common (road, school, etc...)
If the people who manage taxation use are bad, then the problem is not taxation, but the way you chose those managers (politician) !

What you are proposing will be the tragedy of the common.

I am not going to argue with a communist socialist. I aim to destroy your ideology, i.e.  make it impotent and bankrupt.

LOL, I guess the only one you are able to argue with, is yourself.

And if you think we are living in a socialist world, boy you are to far in your head to be reached.
208  Alternate cryptocurrencies / Altcoin Discussion / Re: USA youth becoming debt slaves, indoctrinated into socialism on: August 24, 2013, 08:39:52 AM

The above is the reason I want to crash the system as soon as possible with a new decentralized digital currency (that can scale to Visa-scale, Bitcoin's current blockchain design can't). The sooner we can stop the youth from destroying themselves with debt, the better for the future.

Ok but what is your plan to redistribute money equally.
Your decentralized digital currency won't solve this problem.
If it succeed it will only allow the rich to escape tax.

It will also allow the poor and middle class to escape tax (and debt collection), and they pay most of the tax.

When you are poor you have no money, and even more you have no money to put in a virtual currency.


The solution is not to tax the rich more (impossible), but to tax everyone less, and shrink the parasites who rely on taxation.

Taxation is used to build the common (road, school, etc...)
If the people who manage taxation use are bad, then the problem is not taxation, but the way you chose those managers (politician) !

What you are proposing will be the tragedy of the common.


Money should not be distributed equally, that is socialism. Rather it should be distributed to those who generate the most profitable returns.
There is more to life than money.
How do you evaluate the returns that can't be counted in money ?

Once you remove the ability to control the system by controlling the printing of money, then those who are now making money by gambling with other people's money (keeping the profits and charging the losses to the public) will go bankrupt.

You are just changing the rules by witch they win now, what makes you think the new rules will not make them win even bigger ?
209  Alternate cryptocurrencies / Altcoin Discussion / Re: USA youth becoming debt slaves, indoctrinated into socialism on: August 24, 2013, 06:53:59 AM

The above is the reason I want to crash the system as soon as possible with a new decentralized digital currency (that can scale to Visa-scale, Bitcoin's current blockchain design can't). The sooner we can stop the youth from destroying themselves with debt, the better for the future.

Ok but what is your plan to redistribute money equally.
Your decentralized digital currency won't solve this problem.
If it succeed it will only allow the rich to escape tax.
210  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] MemoryCoin | CPU Only | Very Deflationary on: August 23, 2013, 08:25:16 AM
I'll probably vote for this grant pool after FT gets funded enough. Cause currently all my votes are going to his address.

Great, for now we need all 3 ( MemoryCoin - Foundation & FreeTrade - Dev & REVOLUTION - Pool )
to be above 16270 so that we remove *JDVCT from the grant, and so we get all 3 to stay.

as of Block 4140 :
--------Grant Voting--------
Total coin issued: 117592
Total of Voters' Balances: 90904
Percentage of total issued coin voting: 77percent
Droop Quota: 15150
Candidate Elected:    MVTEoEoUtxKDFLVRJt8c79oqP5C2GB9oBP (17756)
Candidate Elected:             21st Century - Network and Clients (17299)
Candidate Elected: MVTEoEoHX4XhRkJnkGVLKDYhHG4MbJDVCT (16270)
Candidate Elected:                            MemoryCoin - Foundation (15573)
Candidate Elected:                                           FreeTrade - Dev (15695)

211  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] MemoryCoin | CPU Only | Very Deflationary on: August 23, 2013, 07:43:09 AM
I'll open a new REVOLUTION POOL GRANT MINING.

The pool will give you back a % of the grant proportional to your vote (coin in the voting address).

Note : There is someone (MWVPeDDTzGLnTNmN2N6RwuXkBTAt1EdqTZ) with Balance:199 who didn't chose the pool for preference 1, so it is not here. (if he ask I'll give him some coin as a consolation, but he should correct his votes)

That was me how do I correct my vote?

->Balance:199 - MWVPeDDTzGLnTNmN2N6RwuXkBTAt1EdqTZ
--Preference 1 1 MVTEoEogmJxZ9k7iyxE7B85e8xgyJAh5RN
--Preference 2 9 MVTEoEoiMwtXEeHDUYfuwA9ZvbKSH8Jfqb   REVOLUTION - Pool

So you should send 10 satochi to MVTEoEogmJxZ9k7iyxE7B85e8xgyJAh5RN for a total of 11
then your preference will be :
--Preference 1  9 MVTEoEoiMwtXEeHDUYfuwA9ZvbKSH8Jfqb   REVOLUTION - Pool
--Preference 2 11 MVTEoEogmJxZ9k7iyxE7B85e8xgyJAh5RN

Or you create a new address send to it your MEG and send 1 satochi to :
MVTEoEoiMwtXEeHDUYfuwA9ZvbKSH8Jfqb

In either case, before voting check that all your coins are on the right address with listaddressgroupings in the debug window.

Be aware that as today the grant is not funded any-more, so we need more people to vote for it.
212  Alternate cryptocurrencies / Altcoin Discussion / Re: STRIKE! UPDATE: STRIKE OVER on: August 22, 2013, 02:22:18 PM
FreeTrade I just saw your grant got refunded, and it's a good thing.

As a side effect, the Revolution-Pool lost his grant, witch is not a problem if it's for you.
But I see that in your OP edit you are grunting against people searching for interest payments grant,
witch may not be only directed at my grant-pool, but since it was the new one in the grant race...
I wish you would have been more phony against the 2 big unknown hoarders that are monopolizing the grants since mostly the start.

Anyway, my purpose with the grant pool was not to get the money, but stop those rich grant grabbers.
As a matter a fact, I started to vote for EFF charity &co, but seeing that they got so few votes, made me think how I could change that. I even voted for the "don't reset chainblock" grant even after it was finished, just to push it so it could remove the rich grabbers.

But then I thought well, I could fight greed with greed, so I created the Revolution-Pool so that even it's for pennies, people are motivated to vote for it (and since it's sharing, it's nice too).
And as you know it, it worked pretty well, in just 2 days it hit the grant line.
As a side effect, it kicked memorycoin fondation off the line (witch itself kicked you out to get in again)
and I was sad about it.
As another side effect, it made people to vote witch didn't have voted before, witch is nice on it's own.

For a conclusion :
For everybody to win we have all to get more votes than the two grant grabbers !
For that, we need to cross vote for each others (I already did that since the beginning by voting for you and all the legitimate grant as second choices)
And when more people votes and more useful grant are created, the pool will go out naturally.

As a side not :
All this is a lot of fun and interesting, and I hope this will induce people to vote and take part in the life of the coin, and discover this "new" way of voting and hopefully understand it.
213  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN] Launch-time charts - 41 currencies - cryptometer.org on: August 22, 2013, 05:30:37 AM
Transaction/days chart is a bit misleading since it include the transaction used to mint the block.
So an increase in transaction could just be an increase in block generation.

You should remove the transactions corresponding to block reward generation.
This way it would be more representative of real transactions on the network.


But great work anyway !
214  Alternate cryptocurrencies / Altcoin Discussion / Re: No Money Exists Without the Majority on: August 22, 2013, 04:11:52 AM
Thus over time the rich can no longer get more than 2% return. So what do they do? They turn to lending at a guaranteed interest rate provided by a public backstop, because it is the only way they can deploy their capital safely (because even if they are successful 90% of the time, it doesn't offset only a 2% upside).
Properly implemented inheritance tax will either cure such risk averse human beings or put hoarded capital into new flow after their death.

Incorrect.

1. A tax will always be gamed by vested interests, c.f. Some Iron Laws of Political Economics.

2. Capital sitting in a hole for a lifetime before being dishoarded is orders-of-magnitude too slow.

Debasing decentralized digital money removes the ability for any vested interests to capture and manipulate the debasement. And it is continuous, not waiting for a death event.

Your "Debasing decentralized digital money" will be gamed too.
How do you force rich people to use your money if it's not in their selfish short term interest ?
215  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] MemoryCoin | CPU Only | 5% Reward Reduction Per Week on: August 21, 2013, 09:20:23 AM
Update - new client with stability fixes - more info here,
http://21stcenturymoneytalk.org/index.php/topic,38.0.html

Update on stability:
I tested the new version and it does appear to be a bit more stable than previous releases but not rock solid yet.
On my 6-core it got stuck on a block when I found that block (luckily I did get the block reward after I restarted the client).
On my 4-core and 2-core machines it was hanging on a grant-block.
I haven't seen it crash yet (runtime error) except when I started mining while still loading the blockchain.

I will do some more testing to see if I can find something usefull to help debug. Then I will switch back to XPM until a new Memorycoin client comes with more stability fixes.

Hey guys, are you using windows or what ?
I'm running memorycoin on Linux without any crash for days.
Whereas XPM is crashing on the same network bug once every 2 or 3 days.

It's simple : for memorycoin I don't use an autorestart script !
216  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] MemoryCoin | CPU Only | Very Deflationary on: August 20, 2013, 09:48:14 PM
I'll open a new REVOLUTION POOL GRANT MINING.

The pool will give you back a % of the grant proportional to your vote (coin in the voting address).


Any progress on this? I saw grants started coming in to this address.

Yes, I was waiting for the coin to mature (120 block ~= 12 hour) and debugging the script.
Here are the shares for the first block (award00003400.txt) :

MEG | (Votes) | Address
4.98851 (1809) MBw4baArvAshpJtogWM4A39MBcrXoxkfAB
4.29084 (1556) MG7BQJRFfVjwgoJqXDGy7Sqx6scQr6jRqa
3.54353 (1285) MSekCT8Ku8MfZoBLsf3TxmRY9jvY6QttdC
3.43874 (1247) MCkYX4Pb8VkjHmPpSdMsRJXvSNCQaShibs
2.50667 (909) MN3mo8xaxzKuj9Nm1Mc6dbu6JJ7BKKZCA1
1.14165 (414) MRNNhufU7PcmRa5xRz3TAKQo57uw2sxgkE
0.625977 (227) MPbaj3wMtjpBA7tFp7fJv5j8tqnzey2o8y
0.124092 (45) MCtcVHKJ5TE2ApMQ98NGgJgqAHNo1jUKg4

I'll proceed with the payment soon.

Note : There is someone (MWVPeDDTzGLnTNmN2N6RwuXkBTAt1EdqTZ) with Balance:199 who didn't chose the pool for preference 1, so it is not here. (if he ask I'll give him some coin as a consolation, but he should correct his votes)

217  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] MemoryCoin | CPU Only | Very Deflationary on: August 19, 2013, 11:49:19 AM
Stas, you should run it from the commande line :
memorycoind --daemon -debugvote=1
or
memorycoin-qt -debugvote=1

But you should check first your .memorycoin folder for a grantawards folder, in witch the most recent version of memorycoin will put the grant logs.

Nice stuff by the way FreeTrade.
But you are rounding the display ?
Because the sum is not correct (because of the fractional part I guess).
218  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] MemoryCoin | CPU Only | Very Deflationary on: August 19, 2013, 11:00:51 AM
Now that we have some nice script, let's try something :

I'm calling you, the small miners, to make a revolution and take those grant from the hand of the wealthiest.
We need to kick the butt of those hidden rich people who are taking our grant away!

That is why I'll open a new REVOLUTION POOL GRANT MINING.

The pool will give you back a % of the grant proportional to your vote (coin in the voting address).
You have to vote for this pool address :

MVTEoEoiMwtXEeHDUYfuwA9ZvbKSH8Jfqb

The address has to be your first choice (send the smallest amount to this address), so that I can calculate your reward.
Feel free to vote for other address like memorycoin foundation as second choice.

When we reach a grant, I'll calculate your share and send it to you.
For the few first grant, I'll double check manually to see that every thing is working well (so expect some delay), then I'll go on fully automatic, so you get your reward earlier.
For this work I'll only take 1 coin from the grant, and it might be even lower after some time if automatic works flawlessly.


PS: I'm reusing the previous grant address since it wasn't used anyway.


We have already 4667 votes in one day.
We can do it !
Don't miss your spot and get the reward by voting for the pool now.
219  Alternate cryptocurrencies / Altcoin Discussion / Re: mcx passwords on: August 18, 2013, 05:48:49 PM
So RealSolid, how your system check the user password when he log in ?
He has to send a request to your password server.
So your password server is not off the internet.
He is just not directly on the internet.
So if a hacker compromise you site, he now have internet access to your password server.

Then you say "so what, the password should be unique to my site", but imagine the hacker just retrieve the password list and leave, cleaning all his trace.
Then he could empty the accounts on mcxnow even the cold storage ones.

So maybe there is a median solution here :
- Hash the passwords that are used to authenticate user loging in.
- Store an offline encrypted list of password, so you can do your manual password recovery stuff.

On a side note I agree with you that user have to trust the admin of a site, because whatever he says, he can watch your password if he wants to.
On the other side you could do the javascript hashing on client side and that would prevent the admin to have access to it.
Actually I'm wondering why there is no standard way of doing the hashing on the browser side, this could be a enhancement off security world wide...
 
220  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] MemoryCoin | CPU Only | Very Deflationary on: August 18, 2013, 06:05:45 AM
Now that we have some nice script, let's try something :

I'm calling you, the small miners, to make a revolution and take those grant from the hand of the wealthiest.
We need to kick the butt of those hidden rich people who are taking our grant away!

That is why I'll open a new REVOLUTION POOL GRANT MINING.

The pool will give you back a % of the grant proportional to your vote (coin in the voting address).
You have to vote for this pool address :

MVTEoEoiMwtXEeHDUYfuwA9ZvbKSH8Jfqb

The address has to be your first choice (send the smallest amount to this address), so that I can calculate your reward.
Feel free to vote for other address like memorycoin foundation as second choice.

When we reach a grant, I'll calculate your share and send it to you.
For the few first grant, I'll double check manually to see that every thing is working well (so expect some delay), then I'll go on fully automatic, so you get your reward earlier.
For this work I'll only take 1 coin from the grant, and it might be even lower after some time if automatic works flawlessly.


PS: I'm reusing the previous grant address since it wasn't used anyway.
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