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81  Alternate cryptocurrencies / Altcoin Discussion / Re: Paulcoins on: September 06, 2011, 04:34:07 PM
We need a currency named after Ron Paul.

No, we really don't.
82  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANNOUNCE] New Solidcoin Client Fully Open-Source! on: September 06, 2011, 04:32:05 PM
Are there any list of actual features that differentiate solidcoin from Bitcoin?
Any that actually have merit?

If it was all fluff and hype then let it die.



83  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANNOUNCE] SolidCoin - new and improved block chain. Secure from pools on: September 06, 2011, 04:16:19 PM
Netcraft Confirms It: SolidCoin Is Dead

No need for a eulogy.
84  Bitcoin / Mining support / Re: ./CLInfo only shows CPU! on: August 29, 2011, 10:44:30 PM
Thanks for your reply, but I've already done those a million times :/

Hello,

make sure that you have extracted the SDK License.
(I think this was like, cd /; tar xvf /path/to/amdsdk/icd-registration.tgz)

Code:
/etc/OpenCL/vendors $ ls
atiocl32.icd  atiocl64.icd  nvidia.icd

And you have to check if you added the SDK Variables to your enviromnent,
I just added /opt/AMD-APP-SDK-v2.4-lnx64/lib/x86_64 to my /etc/ld.so.conf.
Seems to work too. (read the pdfs in the doc folder of the sdk if in doubt)


My .bashrc:

Code:
export LD_LIBRARY_PATH=/opt/ati-stream-sdk-v2.1-lnx64/lib/x86_64:$LD_LIBRARY_PATH
export ATISTREAMSDKROOT=/opt/ati-stream-sdk-v2.1-lnx64
export ATISTREAMSDKSAMPLESROOT=/opt/ati-stream-sdk-v2.1-lnx64

Why are you running 11.8? I haven't tried 11.8, but 11.7 was buggy.

11.6 still seems to be the sweet spot on Linux, and it gets along just fine with 2.1 SDK

Also having nvidia drivers installed could be causing a problem, you should try removing them if OpenCL still isn't recognized after installing 11.6
85  Alternate cryptocurrencies / Altcoin Discussion / Re: Just made a new currency.To get us rich by mining!~~NO!!~~Proper currency making on: August 29, 2011, 10:26:56 AM
Guys, we are not supposed to make new cryptocurrencies with the purpose of making money on them by mining.  This is all you ever think of!

There *might* be ideological ideals involved with launching an alternative block chain but anyone thinking that people weren't going to try to make a quick buck off it is deluded. Sure it's fun for some of the late comers to become early adopters, but the experience isn't the same when people have multi-GH rigs jumping in at low difficulty.


To make a proper currency, it needs to fix all the problems with bitcoins, or as much as possible.

Here's main ones for people adopting it:
1)
Forget the wallet websites which get hacked and aren't the purpose of bitcoin.  Download the software and start it up.  Well, despite that bitcoin has been around about a year and a half and hardly has been used, it takes minimum 60 hours on a high speed cable modem to finally download all that stuff from peers.  And then it stores that stuff not neatly in a bitcoin directly, but it hides it in some windows directory.  I don't know why it takes so long since it's only about 750 megabytes and that takes me under ten minutes to download that off a torrent.

But imagine ten years from now with bitcoins actually being used a whole bunch and then a newbie tries to start bitcoins and they have to download 100 gigs of stuff.  And the peers go slow so it'll be very long, maybe a month of running the client.

When I've transferred my wallet.dat, I have the same thing of having to download all the transactions again.  This is really bad.

This was theorized a long time ago. Alternative block chains will have the same problem. https://en.bitcoin.it/wiki/Scalability

2)
Despite all this CPU power devoted to mining, they can't use it to make transactions not take hours to complete.

In http://solidcoin.info/faq.php it mentions, "A pump-n-dump is when a large mining operating (known as a pool) decides for some reason to mine another chain than Bitcoin, usually for profit purposes but in some cases for malicious/childish reasons. They mine and mine, until the difficulty is so high it's no longer profitable, they then jump ship, leaving the difficulty so high it sometimes takes months to fix."  I don't understand how this works, but mining should do two things (a) generate new coins when the currency is stagnant, (b) if there's lots of activity then it should not generate any new coins but simply process transactions and take transaction fees, something fixed at like 0.01 coin.

You should really get your definitions from an independent source, try Wikipedia;

"Pump and dump" is a form of microcap stock fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. Once the operators of the scheme "dump" their overvalued shares, the price falls and investors lose their money. Stocks that are the subject of pump-and-dump schemes are sometimes called "chop stocks". [1]

"Pump and Dump" doesn't have anything to do with mining pools in regards to block chains. Pools are a cooperative effort of users. The forums and IRC pump up the value and most miners dump them because they believe that they will be worthless eventually. Again, anyone thinking that people weren't going to try to make a quick buck off it is deluded.


Yes, about part b, I am serious.  We have enough bitcoins so mining ideally would stop generating coins.  This needs to be based not just on transactions but on the general money flow and it needs to be done in a way so people hoarding coins and sending it back and forth between their wallets can't cheat this.  I posted in https://bitcointalk.org/index.php?topic=111.msg927#msg927 "Will occasional losses of bitcoin wallets limit available maximum bitcoins?" and even Satoshi chimed in.  But well with this idea, if there's not enough coins in circulation, then it'll make more but when there's plenty in circulation, then miners are paid transaction fees instead.  And so it's not 100 coins a block, then 50, then 25, then none but let's say it's 50 coins a block minus transaction fees.  So if there's 40 coins worth of transaction fees, then miners get 50 coins but only 10 new ones are made.  And if there's over 9000 coins in transaction fees, then miners make a lot in transaction fees.  This way, miners are paid to process transactions.

Also solidcoin made its blocks at 3 minutes.  Thinking ahead, these should be 30 seconds maximum.  Since miners either join pools or have fast hardware, this won't be an issue.  I personally think 5 seconds would be ideal and then basically 5 seconds and then a fraction of a coin.


If there are too many coins in circulation then the price will fall. If people just hold coins and don't spend them then the price will fall. It's simple economics both ways. Satoshi actually did a lot of calculations, economics models, and behavioral predictions. Bitcoin's behavior is based on those and so far it has been pretty accurate despite turning into a monster (GPU mining) that he didn't predict. It might not be perfect but Bitcoin is the first of it's kind and will take a while to prove the theories involved. Alternative block chains haven't done a fraction of the research that Satoshi did when devising Bitcoin.




Now once an alternative is done, that's not it. The creators need to mine it harder than the founder of ixcoin mined coins.  They need a couple million coins sitting in a trust.  These are not to be sold, but to be used should bitcoin or some previous cryptocurrency completely turn obsolete.  Then people with the bitcoins will be given some value for their coins based on the honor of the founders of this system.  This way people have faith in bitcoins and this new system too.  This is extremely important once something replaces bitcoins.  Founders mine lots of coins, then hold them to support the previous cryptocurrency.

Obviously the people starting it need to be honorable.  If you make it just to make money mining, you are doomed.  When bitcoins began, it was an awesome idea and coins were worthless and wasn't about mining to get you rich, but a long term investment in a fixing internet commerce.

A "couple million" coins "sitting in a trust" is first of all hard to prove and accept, and second of all not productive to the currency. I think these forums have proven that most people on here will not trust someone no matter how much proof they are given. There is a culture of disbelief and conspiracy on these forums and it's very sad.

I don't really like that the founder of Ixcoin pre-mined 500,000 coins, but from a business perspective it makes sense to offer incentives to lure capacity and talent from Bitcoin. It's no different than a competing business coming into a sector with only 1 big company there already, and since they can't offer a lower price on a competing product they have to offer some kind of incentive.
86  Bitcoin / Mining support / Re: Howto do a clean linux ati driver update ? on: August 20, 2011, 10:53:58 PM
--uninstall will remove the kernel source files and all supporting files on the operating system. I don't think it can remove the running fglrx kernel module if X is still running. Theoretically you could kill X, rmmod fglrx, install the new driver package, config X, then start X.

Rebooting is pretty quick on my machines so I just reboot after removing an fglrx driver then again after installing the new one.

The only caveat I can think of, mostly relating to other systems, would be if X won't start because of the config and the fglrx driver being around anymore in which case you would have to install the new driver from the command line or ssh session. I have not had this problem with Ubuntu yet, it seems to fall back to using a generic ati driver.
87  Other / CPU/GPU Bitcoin mining hardware / Re: 5850 core clock. on: August 20, 2011, 09:54:51 PM
I got mine up to 411Mh at 1000/333 but it wasn't stable and I didn't feel like bumping the voltage.
Right now I'm happy with the 402-3 Mh I'm getting with 975/325.
88  Bitcoin / Mining support / Re: Howto do a clean linux ati driver update ? on: August 19, 2011, 04:55:01 AM
10.1? Are those Ubuntu packages?

To remove Ubuntu packages:

sudo dpkg --purge fglrx fglrx-modaliases fglrx-amdcccle fglrx-dev

To remove binary driver packages:

'sudo sh ./<driver-package>.sh --uninstall' if you have the install package or 'sudo /usr/share/ati/fglrx-uninstall.sh' if you don't

if neither of those work then you're probably going to have to dig it out manually

To install the binary driver, download from ATI/AMD main page:

sudo sh ./ati-driver-installer-11-6-x86.x86_64.run (I just go with option 1 for recommended install)
sudo aticonfig --initial --adapter=all -f
reboot

PS. I wouldn't go with 11.7, lots of people have been reporting high cpu usage on Linux. 11.6 seems to be the sweet spot right now.
89  Alternate cryptocurrencies / Altcoin Discussion / Re: New Ixcoin fork -> I0coin on: August 19, 2011, 04:04:06 AM

It was extremely funny and interesting to see and even take part in the birth of a block chain. I guess any new fork will have even less success unless it adds something really new.


Watching these alternative chains launch has helped me to learn a lot about bitcoin.  They also make great 'test' nets in some ways.  

I learned that what I was hoping to learn wasn't going to happen the way I had hoped. Bitcoin started out in obscurity and grew very slowly for a long time. Since I already knew how to mine solo, getting a client set up and configured was trivial. Grabbing a bunch of blocks early was nice, but when I started getting a bunch of rejects I knew the honeymoon was over, everyone else had finally gotten on to and was outpacing the difficulty. It was like the first 2 years of bitcoin discovery, growth, and explosive expansion compressed into about 4 hours. When you can go from genesis blocks to extracting and selling coins on an exchange in 12-16 hours it gave a bit of perspective, but not really a genuine experience.
90  Alternate cryptocurrencies / Altcoin Discussion / Re: I0 Guild - I0Coin Pool from BTC Guild on: August 18, 2011, 02:27:02 PM

Yup.  Too bad my latency is 60 because I run the servers at actual datacenters instead of my house.  Oh well, I'll keep that in mind for the next lolcoin.

And I used to think why are people DDOSing these sites with little bitches like you running things no wonder..
Understanding fail ...

No, he's just one of the people who can't stand that I openly admitted that I had no faith in i0coin doing anything other than mimic ixcoin's rise and collapse, just at an accelerated pace due to publicity.  Apparently admitting that I was only in it for the money is somehow wrong, even though that's the only reason anybody mined i0coins in the first place.

I just did the smart thing.  Instead of watch my pool lose 300 GH/s for a few days and lose out on that money, I made a pool for those i0coin gold rush miners to use so I could offset my losses, or make some extra BTC if the exchange rates were in my favor at the start.

Good business move. Give the customer what they want, even if you don't agree with it. The 'When you're done with your scam coins ... ' was a bit over the top, but I was lol'd when I saw it.

So did you make a profit you faithless greedy capitalist swine? Smiley
91  Alternate cryptocurrencies / Altcoin Discussion / Re: Oldminer put in his signature 'I0coin was launched as a joke - jackjack' on: August 18, 2011, 02:21:45 PM
Now go sit in the corner for tattle telling. No apple juice and grahm crackers for you before naptime.
92  Alternate cryptocurrencies / Altcoin Discussion / Re: "Thomas Nasakioto" of ixcoin is OldMiner... on: August 18, 2011, 01:31:33 PM
That's just hilarous, Oldminer calling I0coin a scam Grin

BTCGuild made a pool for I0coin, not Ixcoin
Where is your scam now?

That's because ixcoin launched quietly unlike i0coin.
93  Alternate cryptocurrencies / Altcoin Discussion / Re: New Ixcoin fork -> I0coin on: August 18, 2011, 12:46:43 PM
[...]
Bitcoin Clones ... demoting forum veterans into nitpicking trolls for about a week now.
if you look at ArtForz' posts above it looks more the other way round. if it's true what he writes (and I believe it) he kicked some I0coin wanna-be adpoter ass.  Roll Eyes


And why wouldn't he? 24 Gh was no doubt going to produce tons more i0coins than bitcoins. I hope he sold them quickly when the exchange opened and got a premium price for them.

So far I've made more than 40x the amount of btc from selling the ixcoins that I mined than I would have made mining btc in the same timeframe. Just looking at the wall of GH built up waiting of i0coin to go live told me that I didn't want any part of it for what I was willing to commit to it, and I couldn't be happier with that decision.
Nah, I'll be sitting on em until hell freezes over. I just like playing GPU progress quest.

Too bad .. you definitely could have sold a bunch of them for a really good price as soon as the market opened, waited for it to drop and bought the same amount back for cheaper and taken a nice profit then sat on them until hell froze over.
94  Alternate cryptocurrencies / Altcoin Discussion / Re: New Ixcoin fork -> I0coin on: August 18, 2011, 12:16:34 PM
[...]
Bitcoin Clones ... demoting forum veterans into nitpicking trolls for about a week now.
if you look at ArtForz' posts above it looks more the other way round. if it's true what he writes (and I believe it) he kicked some I0coin wanna-be adpoter ass.  Roll Eyes


And why wouldn't he? 24 Gh was no doubt going to produce tons more i0coins than bitcoins. I hope he sold them quickly when the exchange opened and got a premium price for them.

So far I've made more than 40x the amount of btc from selling the ixcoins that I mined than I would have made mining btc in the same timeframe. Just looking at the wall of GH built up waiting of i0coin to go live told me that I didn't want any part of it for what I was willing to commit to it, and I couldn't be happier with that decision.
95  Alternate cryptocurrencies / Altcoin Discussion / Re: New Ixcoin fork -> I0coin on: August 18, 2011, 09:07:51 AM

Quote
btw guys, what the current difficulty (I don't have the client in daemon mode nor a working linux install so sorry if I'm asking here)...?

diff is now 16384

same as ixcoin btw

I see. Thanks! From the looks of it i0coins are pretty much the same price as ixcoins.

And there are like 3 times more ixcoins that exist than i0coins! lol

270,000 volume on bitparking exchange!
That's almost half the total.
Why are people selling so early?


lol...surprise surprise...

It was probably smoothie cashing out. He's done with iocoin now LOL

Bitcoin Clones ... demoting forum veterans into nitpicking trolls for about a week now.
96  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin 2.0, not l0coin on: August 18, 2011, 07:50:55 AM
ahh you mean like ixcoin which had only one number changed in the code?

I find it interesting to see what would happen if the supply of coins was increased, although it's a pretty easy step of logic to conclude that it would flood the market with supply. I0coin could have at least taken the opposite side and tested what would happen if supply was distributed slower or on a different curve instead of a roughly equivalent supply line. Half the number of coins and more blocks per hour is not a innovation.

Quote from: joulesbeef
or are you talking iocoin which was invented to show the stupidness of ixcoin.. which does solve btc problems like speeds up the transaction confirmations by speeding up the block found time.

Yes, the childish-ness of 'see, I can make a clone too because I don't like the way you did it'.

Quote from: joulesbeef
that includes an encrypted wallet, which means if a trojan steals your wallet they cant spend the coins.

Enabling a client feature that is already in testing by Bitcoin devs is not any bit innovative. The same could have been done by anyone that wanted to test it on the Bitcoin client or Ixcoin client as well.
 
Quote from: joulesbeef
it also includes address checks to make sure you dont send iocions to a btc addy.. unlike ixcoin which will let you do that.

Another trivial client feature and not an innovative change to the bitcoin protocol.

Quote from: joulesbeef
and it has difficulty growth and drop limits that prevent what is happening with namecoin where everyone waits until the diff drop, and then mines the fuck out of it until the diff shoots up to over 100k before disapearing back to BTC.

That's something that I didn't know, but lends itself more to a pump and dump clone than an evolution of Bitcoin. It presupposes that people will treat it like namecoin and abandon it when difficulty gets too high. If I0coin network, not the client, actually had features that would make it a serious alternative to Bitcoin it wouldn't need this.

Quote from: joulesbeef
interesting you pick i0coin when ixcoin is much more scammy..

I don't think that word means what you think it means.

Quote from: joulesbeef
it was poorly made,

and when I looked at i0coin on launch date (which was beyond a disaster, and worse than I predicted) they didn't even have a full suite of clients up, since you like to espouse client features, i0 failed miserably

Quote from: joulesbeef
it doesnt try to address a single flaw,

i0's list is short too, and nowhere near ground breaking

Quote from: joulesbeef
and the founded took 500k coins for himself.. but let me guess, you think that is cool right?

That doesn't bug me for a few reasons. At least half of the coins he mined are up for bounty, and most likely more than half since some bounties can be paid more than once. Since Bitcoin already exists and he is second to market, incentives are needed to foster growth. Early adopters in Bitcoin managed to accomplish this because they had a long slow head start and paid bounties out of belief in the cause, no such thing will happen in any clone. And the biggest part is that Ixcoin was launched in relative silence by a single post on the forums, not with a bunch of advertising and hoopla out of spite.

Neither ixcoin nor i0coin have any features that are innovative technical improvements to the Bitcoin protocol. Both supply curves could have been simulated on a graph and analyzed for effectiveness. They have both muddied the water of crypto currency. Congrats to both.

97  Alternate cryptocurrencies / Altcoin Discussion / Re: "Thomas Nasakioto" of ixcoin is OldMiner... on: August 17, 2011, 01:30:43 AM
Nasakato = Atlas = Oldminer

=Satoshi?
98  Alternate cryptocurrencies / Altcoin Discussion / Re: "Thomas Nasakioto" of ixcoin is OldMiner... on: August 17, 2011, 01:19:15 AM
It's Atlas. All questionable alt's are Atlas.
99  Alternate cryptocurrencies / Altcoin Discussion / Re: New Ixcoin fork -> I0coin on: August 17, 2011, 01:11:45 AM
I DEMAND A RESET!
It depends of you people, even if i release an i0coin client with a new chain you could continue using the old one, but i have no problem to create a new genesis block, tweak a few values and recompile Smiley

Meanwhile i will continue mining on i0.digibtc lol

So i0coin2 launches in what? 24 hours? 48?
100  Alternate cryptocurrencies / Altcoin Discussion / Re: New Ixcoin fork -> I0coin on: August 17, 2011, 12:53:51 AM
I DEMAND A RESET!

+1 Given the screw ups in launching the network.

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