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rocanonz
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March 22, 2016, 06:35:41 PM |
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I got an incorrect PIN error when I try to authenticate into the wallet.
I'm using Chrome Version 49.0.2623.87 m
Same with Firefox.
So every time I use the wallet, the passphrase must be introduced.
Send/receive work like a charm.
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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adamastor
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March 23, 2016, 08:42:02 AM |
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this is a much welcomed development by Auora users in South Africa. The new geo location feature waggle will be a novel way of tracking and communicating with other users in our immediate vicinity. My immediate plan is to set small cafe's up with signs that say: "buy auroracoin here". these merchants will acitivily sell auroracoin instead of passively accepting it. Accepting auroracoin is one thing but this does little to spread the use of the coin. Instead I have approached most of the Cafe's here in town and have explained how crypto-currency works and the benefits they can take advantage of when actually selling coins to the public. |
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soltantgris
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March 23, 2016, 01:23:05 PM |
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Why there is no Blackberry in the image ? WHY ? WHY !!!!!!!  |
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ny2cafuse
Legendary
 Offline
Activity: 1582
Merit: 1002
HODL for life.
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March 23, 2016, 01:36:41 PM |
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this is a much welcomed development by Auora users in South Africa.
The new geo location feature waggle will be a novel way of tracking and communicating with other users in our immediate vicinity.
My immediate plan is to set small cafe's up with signs that say: "buy auroracoin here". these merchants will acitivily sell auroracoin instead of passively accepting it.
Accepting auroracoin is one thing but this does little to spread the use of the coin. Instead I have approached most of the Cafe's here in town and have explained how crypto-currency works and the benefits they can take advantage of when actually selling coins to the public.
We appreciate the enthusiasm of some of the followers here. It is humbling that people would be excited to adopt AUR in places outside of Iceland. However, the team is going to clearly state our goal once again: adoption of Auroracoin in Iceland. We will not endorse any effort to use or promote AUR outside of it’s intended audience. While members like Whistleblower and Adamastor would be a welcome resource here in Iceland, we will not endorse or condone any effort from them to make AUR an economic solution in Africa.
- Auroracoin development team -
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Community > Devs
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AllLivesMatter
Newbie
Offline
Activity: 57
Merit: 0
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March 23, 2016, 02:48:52 PM |
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haha WTF?!?! I got a PM from LTEX and I want to respect the new development teams efforts trying to rebuild AUR, I won't be posting more about the airdrop. That really is crazy, this person Fontas was the creator of Auroracoin? |
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ny2cafuse
Legendary
Offline
Activity: 1582
Merit: 1002
HODL for life.
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March 23, 2016, 03:07:53 PM |
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That really is crazy, this person Fontas was the creator of Auroracoin?
No, he wasn't. Fontas was a troll on the BTC-E troll box that used to trick people into pump and dumps so that he could make money himself. He called one or two price increases, and everyone thought he was responsible for them. So after that he would buy a ton of coin, announce a pump, pump the price and then immediately sell out and leave everyone holding the bag. If you were smart enough to stay away from it, you were ok. If you bought, hopefully you were smart enough to sell at the right point, because you could make some money off the people that would blindly listen to him. If you weren't, well... a lot of people got out of crypto because people like him took them for all their coin. -Fuse |
Community > Devs
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AllLivesMatter
Newbie
Offline
Activity: 57
Merit: 0
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March 23, 2016, 03:09:21 PM |
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That really is crazy, this person Fontas was the creator of Auroracoin?
No, he wasn't. Fontas was a troll on the BTC-E troll box that used to trick people into pump and dumps so that he could make money himself. He called one or two price increases, and everyone thought he was responsible for them. So after that he would buy a ton of coin, announce a pump, pump the price and then immediately sell out and leave everyone holding the bag. If you were smart enough to stay away from it or sell at the right point, you could make some money off the people that would blindly listen to him. If you weren't, well... a lot of people got out of crypto because people like him took them for all their coin. -Fuse How many bagholders does AUR have because of this asshole? |
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Trackcoins
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March 23, 2016, 03:17:34 PM |
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That really is crazy, this person Fontas was the creator of Auroracoin?
No, he wasn't. Fontas was a troll on the BTC-E troll box that used to trick people into pump and dumps so that he could make money himself. He called one or two price increases, and everyone thought he was responsible for them. So after that he would buy a ton of coin, announce a pump, pump the price and then immediately sell out and leave everyone holding the bag. If you were smart enough to stay away from it or sell at the right point, you could make some money off the people that would blindly listen to him. If you weren't, well... a lot of people got out of crypto because people like him took them for all their coin. -Fuse How many bagholders does AUR have because of this asshole? Bagholders are every1 that post in ANNs after being dumped by mighty Fontas. |
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ny2cafuse
Legendary
Offline
Activity: 1582
Merit: 1002
HODL for life.
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March 23, 2016, 03:19:59 PM |
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How many bagholders does AUR have because of this asshole?
I wouldn't consider anyone here a bagholder as a result of Fontas. I would think anyone caught in a Fontas AUR bull/bear trap would have probably sold and moved on by now. But to be honest, I really don't think Fontas would have had the pull to make his claims true. We're talking about something to the tune of 1400BTC in AUR at that time. He would have had to have gotten in at the dip when it went to 0.002 and sold on the 0.01 spike. I doubt he was playing the spread like that with that much coin. Like I said, he was a troll at best. -Fuse |
Community > Devs
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AllLivesMatter
Newbie
Offline
Activity: 57
Merit: 0
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March 23, 2016, 06:57:37 PM |
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Most coins distribution is similar to this and the people that rigged the airdrop are long gone.imo Lets pretend we don't know it's a scam and look at the basic math.Total AUR = 7,883,372 From the Wiki: When phase one of the airdrop had completed on July 24, 2014 it was estimated that 1,126,674 AUR had been disbursed among 35,430 claimants. Phase 2 claim was increased to 318 coins. About 5024 claims totalling almost 1.6 million coins were made Phase 3 nearly 1.7 million coins being claimed by more than 2600 Icelanders. By this time the price had fallen so sharply that the payout had increased to 636 coins per recipient Total AUR = 7,883,372 Phase 1 = 1,126,674 (14.3% total supply) Phase 2 = 1,600000 (20.2% total supply) Phase 3 = 1,700000 (21.5% total supply) Foundation +- 1 000000 (12.6% total supply) Total % distributed = 56% to a total of 43054 claimants.5,344,628 was burned a no longer part of the total supply. https://chainz.cryptoid.info/aur/#!rich Wealth Distribution:Top N addresses Holdings Percentage Top 10 2,122,527 AUR 26.92 % Top 100 5,025,521 AUR 63.75 %
Top 1000 6,542,710 AUR 82.99 % All 34183 7,883,397 AUR 100 % This should raise some serious eyebrows, I would suggest that 5% made it to real people in Iceland as a best case scenario. To everyone that doubts that there was an airdrop that everyone in Iceland could claime coins, this is a great summary that Skarfur gathered a while back. If you follow the links you can see that the Icelandic media confirmed that everyone could claim. On top of the media coverage +5.000 people of the +30.000 who claimed, joined Auroracoin facebook page and are still listed there waiting for news on the project.. |
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myriadcoin
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March 23, 2016, 11:24:13 PM
Last edit: March 24, 2016, 12:01:38 AM by myriadcoin |
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So, bringing merge mining back to the discussion.
Pros:
- Increased hashrate/network security
Cons:
- Increased dumping
Discussion:
Auroracoin presently has a rather low inflation rate. It is lower than Myriad's and Digibyte's. For this reason, I feel that dumping is not a big concern for Auroracoin. In any case, the issues with merge mining and dumping are largely exaggerated — most mined coins get dumped, merge mining or not.
Because Auroracoin has low inflation, hash rate is more of a concern than it is for Myriad and Digibyte. Low hash rates open up vulnerability to 'difficulty hopping'. In worst case scenarios, a block doesn't get found for hours on that algo— and then 10 blocks get found in 1 minute. Of course, the rewards all get dumped. In a multi-algo system, this scenario is less damaging, because the other algos will continue to find blocks. It is, however, more likely— each algo already has rather a low hash rate, with only ~20% of the block rewards.
In Myriad, we had the experience that sha256d and scrypt were suffering from extensive difficulty hopping. We switched to merge mining for those algorithms, and it's worked out fantastically. Our current scrypt difficulty is 4383.68.... Aurora's is only 690.82.... And our scrypt is only for ~20% of the block rewards!
Personally, I would recommend enabling merge mining on all 5 algorithms. It would enable miners to mine AUR on top of their MYR, DGB, or soon XVG (Groestl). Added security for AUR and support for the whole multi-algo flock, at little cost.
At the very least, go with merge mining on sha256d and scrypt.
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Myriad: the ORIGINAL and fairest distribution 5 algo coin, which I did not develop. http://myriadcoin.orgNOT the Myriad developer. Just a fan. |
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Bimmerhead
Legendary
Offline
Activity: 1291
Merit: 1000
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March 24, 2016, 01:03:13 AM |
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Why there is no Blackberry in the image ? WHY ? WHY !!!!!!! Anti-Canadian bigotry. CANADIAN LIVES MATTER! |
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Bimmerhead
Legendary
Offline
Activity: 1291
Merit: 1000
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March 24, 2016, 02:04:02 PM |
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Just an FYI, I'm reading on a lot of boards here about problems getting coins out of Bter. Not sure if it is a Cryptsy-type problem or just temporary.
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leigh2k14
Legendary
Offline
Activity: 1288
Merit: 1000
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March 24, 2016, 10:10:23 PM |
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How long till we hit block 225000?
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ny2cafuse
Legendary
Offline
Activity: 1582
Merit: 1002
HODL for life.
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March 24, 2016, 11:02:16 PM |
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How long till we hit block 225000?
Should be on, or very shortly after, May 1st. -Fuse |
Community > Devs
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thsminer
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March 25, 2016, 10:03:59 AM
Last edit: March 25, 2016, 12:14:17 PM by thsminer |
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So, bringing merge mining back to the discussion.
Pros:
- Increased hashrate/network security
Cons:
- Increased dumping
Discussion:
Auroracoin presently has a rather low inflation rate. It is lower than Myriad's and Digibyte's. For this reason, I feel that dumping is not a big concern for Auroracoin. In any case, the issues with merge mining and dumping are largely exaggerated — most mined coins get dumped, merge mining or not.
Because Auroracoin has low inflation, hash rate is more of a concern than it is for Myriad and Digibyte. Low hash rates open up vulnerability to 'difficulty hopping'. In worst case scenarios, a block doesn't get found for hours on that algo— and then 10 blocks get found in 1 minute. Of course, the rewards all get dumped. In a multi-algo system, this scenario is less damaging, because the other algos will continue to find blocks. It is, however, more likely— each algo already has rather a low hash rate, with only ~20% of the block rewards.
In Myriad, we had the experience that sha256d and scrypt were suffering from extensive difficulty hopping. We switched to merge mining for those algorithms, and it's worked out fantastically. Our current scrypt difficulty is 4383.68.... Aurora's is only 690.82.... And our scrypt is only for ~20% of the block rewards!
Personally, I would recommend enabling merge mining on all 5 algorithms. It would enable miners to mine AUR on top of their MYR, DGB, or soon XVG (Groestl). Added security for AUR and support for the whole multi-algo flock, at little cost.
At the very least, go with merge mining on sha256d and scrypt.
Merged mining is discussed and currently not on the roadmap. - It would in no way alter the instamining scene - it would introduce a new attack vector where someone can merge mine the coin against itself and get rewarded even if the attack fails. - with this wallet, the retargetting is calculated over all algos so diff hopping in SHA256d will have less effect. Lets wait with discussions about algo related changes till we passed block 225000, and then review the results from real life experience. |
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Alao
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March 26, 2016, 03:07:58 AM |
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How long till we hit block 225000?
What happens after this block? |
§: 8Q7zvaH955cCbqu2nCvpPcTvczGfe9psxE
§1 = 1MWh
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Auroracoin (OP)
Jr. Member
Offline
Activity: 61
Merit: 5
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March 26, 2016, 11:46:02 AM |
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leigh2k14
Legendary
Offline
Activity: 1288
Merit: 1000
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March 26, 2016, 12:23:25 PM |
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How long till we hit block 225000?
What happens after this block? That's the countdown to WWIII. |
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thsminer
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March 26, 2016, 03:49:44 PM |
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How long till we hit block 225000?
What happens after this block? That's the countdown to WWIII. nah, wherever WWIII is starting... for sure not in Iceland.  |
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