Yes, this will appeal to miners who understand the value proposition.
You don't need windows-qt to mine the coin.
Lack of a windows binary is a sure sign of developer incompetence. Lack of a windows binary only means that it is not is the list of high priorities.
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Is the Freicoin difficulty/budget code working well?
This is a pretty good demonstration of the Freicoin code to those of you who won't touch Freicoin.
This is likely the first coin derived the Freicoin code base. I think it was a good choice considering that Freicoin has some really good developers backing them. I hope that their foundation can subsidize projects that ZenithCoin can also benefit from.
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I see 2 fatal flaws without even looking into it in more detail:
1. 50% of all coins go to the developers. For this alone I will never mine this coin. The concept isn't actually a bad one but instead of keeping 50%, maybe 0.5% would be "reasonable".
2. No Windows-qt. This gives everyone that is not using Windows a huge head start. Someone will make the Windows client but by then everyone else will have raped the coin.
So for me for the first reason alone, I will never support this coin. And that is saying something because I have almost every wallet in existence.
Yes, this will appeal to miners who understand the value proposition. You don't need windows-qt to mine the coin.
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solracx
Remember that we are just criticizing it now... much better to work out the bugs now than have it fucked up from the start.
I have to say though if there is no -qt, you need some sort of 'wallet" program that windows users can use very easily. Not having this will cut out a good majority of people using your idea
I am not too thrilled with the QT code base and have no aspirations on maintaining it. So, yes, it is like not going to be part of the ZenithCoin distribution. For now, users will have to settle with command line. ;-) But rest assured, we do have plans for a GUI wallet. It is just not going to be QT. Man, there is tutorials for dummis for building client for windows out there .... Worst dev ever , hahahaa Agree, one of our weaknesses, we only know Unix (MacOS and Linux). We will probably give out bounties for Windows work.
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solracx
Remember that we are just criticizing it now... much better to work out the bugs now than have it fucked up from the start.
I have to say though if there is no -qt, you need some sort of 'wallet" program that windows users can use very easily. Not having this will cut out a good majority of people using your idea
I am not too thrilled with the QT code base and have no aspirations on maintaining it. So, yes, it is like not going to be part of the ZenithCoin distribution. For now, users will have to settle with command line. ;-) But rest assured, we do have plans for a GUI wallet. It is just not going to be QT.
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any special about this coin ?
yes, it's probably the worst launch in the last week More like the slowest launch ever.
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solracx, your "team dev" has incluided scrypt-jane source in project, but it is not referenced in any makefile so it is not built at all ... are your "team dev" conscius of this situation? Please, give us an answer.
Yes, the scrypt jane is there for future integration into the PoW.
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Anyone could on theory start mining if they compile the code themselves. At this time, any changes will involve just network parameters.
and that means? ... This means you can do some pre-integration work with client. Any coins that you mine until the mining launch could go poof!
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any special about this coin ?
yes, it's probably the worst launch in the last week (1) We said that this was in alpha. (2) We had not yet released binaries. (3) We have not even started mining. Be a little bit patient. Better haste than waste.
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nm found the source code...no qt though yeppie.
The source is on GitHub. QT has not been compiled and tested. Long term plans do not include QT as a client. Andddddddd it's dead yep killed 80% right off the bat right there with that decision. The client will be based on MultiBit and not QT. Hope that helps. We also would like to have a client based on Armory.
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What happened to your plan to implement a different algo, also just noticed on the POW thread you have the voting set to end on the 4th even tho you wanted to release on the 1st, are you planing on going ahead with it with a new genesis block or leave it as it is now and patch up the code as you go?
With the delayed miner launch... I can look on doing this for the first blocks.
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man so I went to the site to DL the source.. there is nothing there?
Don't worry about it, obviously it is far from ready to launch. It needs to set some ports that do not conflict with bitcoin's, it needs to set a massively higher difficulty that will take a hell of a lot more than just two miners to manage to mine faster than the target difficulty, it might even need handshake magic-bytes to make it unable to "accidently" connect to to some other coin's clients. All in all it is an abortive mess, wait for the author to fix it up and probably even make a new genesis block so all this garbage pre-test stuff goes away, and launches it properly with a reasonable difficulty. -MarkM- Yes, the initial difficulty setting is problematic. I will need it higher and have a better coordinated launch for miners. The port actually is correct, but there is a section of code that displays them incorrectly as that of bitcoin. Yes, a new genesis block is in order. Thanks.
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nm found the source code...no qt though yeppie.
The source is on GitHub. QT has not been compiled and tested. Long term plans do not include QT as a client.
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You'd be lucky to happen upon an IRC channel that has someone else in it, as it picks from 100 channels at random so until there are many more than 100 clients on IRC chances are good that you will land in a channel that has no one else in it.
However you can use addnode=-addnode=198.154.60.61:19312 to find a node with an open incoming port.
(Its default ports seem to be the same as bitcoin's, hooking up to a bitcoin node wouldn't be very useful...)
-MarkM-
That's correct. The IRC is problematic at this time. So we will setting up some nodes.
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Anything special about it?
Use Google. Thats a shitty response, tbh No it is not. Google will return you www.zenithcoin.com at the top of the list. "DigitalCoin" on the other hand is completely absent on the first page.
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Lol, what a fail launch. He seems to have checked in the important bits of code already: https://github.com/zenithcoin/ZenithCoinDoesn't appear to by anything stopping people from compiling it themselves. That is correct, all the code is checked in already and has been tested in a test box for both testnet and regular network. Anyone could on theory start mining if they compile the code themselves. At this time, any changes will involve just network parameters.
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It seems at that point that all the block chain and miners are doing is helping users order transactions that it doesnt know much about.
In Bitcoin the miners are responsible for creating the block and therefore ensuring the transaction inputs and outputs all balance out and performing other validation checks prior to inclusion into a block. Are you saying that there are no validation checks for a transaction to be included in a block?
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What do you think? Why is LTC dying?
fear monger like you success in scaring people? I dont`want to scare the people, im just asking why is dying. How is it dying? BTC peak was 260, it is now 130, appears to be dying too!
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No
Definitely going to be more profitable than mining WDC.
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just use litecoin's scrypt, using other hashing algo doesn't give you any distinguish features, the usual scrypt implementation isn't broken in anyway... so there is no reason to 'fix' it.
Futhermore, using Blake512 scrypt is just giving unfair advantages to people that already secretly ported the Yacoin's hashing algo into opencl, they will mine your coin far more efficiently than others.
all being said, unless you want to create gimmicky coin that end up nowhere like yacoin.
If I use LTC, then it will be easier for existing mining operations to adopt the coin. The downside is there is no stickiness, no lock-in. Miners can always switch to yet another coin. So there's got to be some way to have stickiness.... someway to encourage miners to stay around and mine.
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