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soltantgris
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November 26, 2015, 05:11:22 PM |
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What a great way to spend Foundation funds ! Redistributing AUR while getting 3 very good assets.
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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molecular
Donator
Legendary
 Offline
Activity: 2772
Merit: 1019
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November 26, 2015, 05:43:16 PM |
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Fantastic acquisitions. Money well spent.
Kudos to CoinHeavy for being so supportive.
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PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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CoinHeavy
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November 27, 2015, 08:59:02 AM |
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No worries. I'm glad to get these resources into the hands of the folks now running the project. Distribution (i.e. concentration of cryptocurrency amongst early adopters) is one of the big economic/psychological issues I see frequently in my conversations with folks who are interested in cryptocurrency but who nonetheless remain on the sidelines. Auroracoin was the first serious project I noticed that sought to address distribution in a novel and compelling fashion. Best of luck to the team as they move forward!For some of the research regarding distribution please see: |
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soltantgris
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November 27, 2015, 01:17:15 PM |
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Great post - will read your link tonight.
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BioMike
Legendary
Offline
Activity: 1658
Merit: 1001
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November 28, 2015, 07:35:18 AM |
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People should be cautious when receiving coins. One miner (AVNY6cjEbr3GRaXeFHrxtzAAsWfn8eg53Y) has >50% hashing power.
I would like to ask the pool owner mining to this address to contact me.
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Conqueror
Legendary
Offline
Activity: 1354
Merit: 1020
I was diagnosed with brain parasite
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November 28, 2015, 08:10:10 AM |
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People should be cautious when receiving coins. One miner (AVNY6cjEbr3GRaXeFHrxtzAAsWfn8eg53Y) has >50% hashing power.
I would like to ask the pool owner mining to this address to contact me.
great, 51% is the last thing this coin need |
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BioMike
Legendary
Offline
Activity: 1658
Merit: 1001
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November 28, 2015, 08:24:46 AM |
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People should be cautious when receiving coins. One miner (AVNY6cjEbr3GRaXeFHrxtzAAsWfn8eg53Y) has >50% hashing power.
I would like to ask the pool owner mining to this address to contact me.
great, 51% is the last thing this coin need I'm developing monitoring software, and noticed this when I started it this morning. While this is something we don't really want, it is currently the reality. That's why I'm giving this warning. I guess it will happen more often in the future. If people want to protect themselves against a double spend attack, people should at least wait for a block found by pools AYovB1fohMrn7FSnVF8iDAJzVQvY7D8ykr or AHA5ib4eehh5Gkonv4ZPMZDz3zTS5wn6X5 (together about 40% hash rate) before confirming a transaction. The first one is my own private pool, the other is AURpool, which is run by LTEX (dev team member). |
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molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
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November 28, 2015, 10:18:03 AM |
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People should be cautious when receiving coins. One miner (AVNY6cjEbr3GRaXeFHrxtzAAsWfn8eg53Y) has >50% hashing power.
I would like to ask the pool owner mining to this address to contact me.
great, 51% is the last thing this coin need I'm developing monitoring software, and noticed this when I started it this morning. While this is something we don't really want, it is currently the reality. That's why I'm giving this warning. I guess it will happen more often in the future. If people want to protect themselves against a double spend attack, people should at least wait for a block found by pools AYovB1fohMrn7FSnVF8iDAJzVQvY7D8ykr or AHA5ib4eehh5Gkonv4ZPMZDz3zTS5wn6X5 (together about 40% hash rate) before confirming a transaction. The first one is my own private pool, the other is AURpool, which is run by LTEX (dev team member). wouldn't it be sufficient (or better?) to just wait for some amount of confirmations regardless of the miner? After all: cost to orphan those blocks (by building a parallel longer chain) is the same, no matter who mined it, no? |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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tbearhere
Legendary
Offline
Activity: 3136
Merit: 1003
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November 28, 2015, 12:24:38 PM |
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People should be cautious when receiving coins. One miner (AVNY6cjEbr3GRaXeFHrxtzAAsWfn8eg53Y) has >50% hashing power.
I would like to ask the pool owner mining to this address to contact me.
great, 51% is the last thing this coin need I'm developing monitoring software, and noticed this when I started it this morning. While this is something we don't really want, it is currently the reality. That's why I'm giving this warning. I guess it will happen more often in the future. If people want to protect themselves against a double spend attack, people should at least wait for a block found by pools AYovB1fohMrn7FSnVF8iDAJzVQvY7D8ykr or AHA5ib4eehh5Gkonv4ZPMZDz3zTS5wn6X5 (together about 40% hash rate) before confirming a transaction. The first one is my own private pool, the other is AURpool, which is run by LTEX (dev team member). What about the solution Gulden is using to protect them from double spend attacks? Hi...how can a person double spend ? ... I never understood that. thx |
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BioMike
Legendary
Offline
Activity: 1658
Merit: 1001
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November 28, 2015, 12:47:53 PM |
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People should be cautious when receiving coins. One miner (AVNY6cjEbr3GRaXeFHrxtzAAsWfn8eg53Y) has >50% hashing power.
I would like to ask the pool owner mining to this address to contact me.
great, 51% is the last thing this coin need I'm developing monitoring software, and noticed this when I started it this morning. While this is something we don't really want, it is currently the reality. That's why I'm giving this warning. I guess it will happen more often in the future. If people want to protect themselves against a double spend attack, people should at least wait for a block found by pools AYovB1fohMrn7FSnVF8iDAJzVQvY7D8ykr or AHA5ib4eehh5Gkonv4ZPMZDz3zTS5wn6X5 (together about 40% hash rate) before confirming a transaction. The first one is my own private pool, the other is AURpool, which is run by LTEX (dev team member). wouldn't it be sufficient (or better?) to just wait for some amount of confirmations regardless of the miner? After all: cost to orphan those blocks (by building a parallel longer chain) is the same, no matter who mined it, no? Yes, you are correct. I made a thinking error here. I have to rethink my monitoring software. Thank you for pointing this out. |
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BioMike
Legendary
Offline
Activity: 1658
Merit: 1001
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November 28, 2015, 01:04:45 PM
Last edit: November 28, 2015, 01:29:13 PM by BioMike |
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People should be cautious when receiving coins. One miner (AVNY6cjEbr3GRaXeFHrxtzAAsWfn8eg53Y) has >50% hashing power.
I would like to ask the pool owner mining to this address to contact me.
great, 51% is the last thing this coin need I'm developing monitoring software, and noticed this when I started it this morning. While this is something we don't really want, it is currently the reality. That's why I'm giving this warning. I guess it will happen more often in the future. If people want to protect themselves against a double spend attack, people should at least wait for a block found by pools AYovB1fohMrn7FSnVF8iDAJzVQvY7D8ykr or AHA5ib4eehh5Gkonv4ZPMZDz3zTS5wn6X5 (together about 40% hash rate) before confirming a transaction. The first one is my own private pool, the other is AURpool, which is run by LTEX (dev team member). What about the solution Gulden is using to protect them from double spend attacks? Hi...how can a person double spend ? ... I never understood that. thx Question 1: The solution Gulden uses. From what I understood, they checkpoint at each block. This in fact prevents orphaning of the chain, but IMHO also makes the whole chain less flexible. [edit] It is also a centralized solution. [/edit] Question 2: The thing that is important is the chain which provided the most work wins. If someone has 51% mining speed he could send a transaction, start mining in a separate chain (not broadcasted to the real chain), transaction is confirmed (and the transaction is not further looked at), the attacker now broadcasts his longer chain without the initial transaction. He now has 1) his "never send" coins, plus 2) the results of the invalidated transaction (for example funds on an exchange). |
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BioMike
Legendary
Offline
Activity: 1658
Merit: 1001
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November 28, 2015, 01:07:40 PM |
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The mining pool (which is GHash.io) has dropped below 50%.
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Conqueror
Legendary
Offline
Activity: 1354
Merit: 1020
I was diagnosed with brain parasite
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November 29, 2015, 09:09:15 AM |
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I don't know who runs twitter feed but it is great.
Keep doing what you do!
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adamastor
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November 29, 2015, 12:24:53 PM |
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Hi guys I'm proud to announce that I will be taking Auroracoin to the 2015 Learning Man New years Eve Festival in South Africa. http://learningman.co.za/350 people will camp together for 8 days and use an alternative currency called talents to create a shared knowledge economy and an eco village at the same time. I will be promoting auroracoin with an auroracoin tent, a daily educational workshop and 350 paper wallets ready to be loaded with auroracoin. Congrats to everyone on the Auroracoin team for making it this far you guys deserve a merry festive season and a happy new year in 2016. Auros to the moon! |
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Conqueror
Legendary
Offline
Activity: 1354
Merit: 1020
I was diagnosed with brain parasite
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November 29, 2015, 01:17:36 PM |
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Hi guys I'm proud to announce that I will be taking Auroracoin to the 2015 Learning Man New years Eve Festival in South Africa. http://learningman.co.za/350 people will camp together for 8 days and use an alternative currency called talents to create a shared knowledge economy and an eco village at the same time. I will be promoting auroracoin with an auroracoin tent, a daily educational workshop and 350 paper wallets ready to be loaded with auroracoin. Congrats to everyone on the Auroracoin team for making it this far you guys deserve a merry festive season and a happy new year in 2016. Auros to the moon! proof or death |
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Skarfur
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November 29, 2015, 02:10:40 PM |
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Hi guys I'm proud to announce that I will be taking Auroracoin to the 2015 Learning Man New years Eve Festival in South Africa. http://learningman.co.za/350 people will camp together for 8 days and use an alternative currency called talents to create a shared knowledge economy and an eco village at the same time. I will be promoting auroracoin with an auroracoin tent, a daily educational workshop and 350 paper wallets ready to be loaded with auroracoin. Congrats to everyone on the Auroracoin team for making it this far you guys deserve a merry festive season and a happy new year in 2016. Auros to the moon! Good efforts, this sounds interesting. Let us know how things turn out. |
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soltantgris
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November 29, 2015, 02:19:48 PM |
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Hi guys I'm proud to announce that I will be taking Auroracoin to the 2015 Learning Man New years Eve Festival in South Africa. http://learningman.co.za/350 people will camp together for 8 days and use an alternative currency called talents to create a shared knowledge economy and an eco village at the same time. I will be promoting auroracoin with an auroracoin tent, a daily educational workshop and 350 paper wallets ready to be loaded with auroracoin. Congrats to everyone on the Auroracoin team for making it this far you guys deserve a merry festive season and a happy new year in 2016. Auros to the moon! Not the first time you bring such idea here ? It's indeed a very good initiative ! Could you please take pics, videos and all so we can share your work ? Have fun ! |
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soltantgris
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November 29, 2015, 02:50:11 PM |
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Very interesting question from Hlynur Þór Björnsson related to the soon-to-be opened icelandic exchange. I wonder the same thing for a while. http://auroraspjall.is/viewtopic.php?f=13&t=295&p=1081#p1081by Dinobotta » 28 Nov 2015 09:45
Isx.is is opening up for ISK/AUR trading within Iceland, beta tests will hopefully start next week.
This will open up for some strange market dynamics where Auroracoin will be traded locally for ISK and on foreign exchanges for BTC ~ USD. These two markets will be separated by currency controls in Iceland.
To begin with I think tha the Isx.is ISK price for AUR when calculated via official ISK/USD/BTC price will be on par with foreign exchanges. This will change when the Icelanders that own BTC and can arbitrage the two markets will deplete their BTC funds, unless the currency controls don't hold and Icelanders can freely buy BTC.
The Isx.is market is not open to foreigners because of the currency controls, so this market will have limited supply of freshly mined Auroracoin, given that miners are mostly foreigners. The supply will be more or less Airdroped coins and the demand will be driven by Icelanders interested in giving Auroracoin a chance. While foreign markets are driven by miners and foreign speculators.
Any ideas how this will play out? |
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molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
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November 29, 2015, 05:29:29 PM |
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Very interesting question from Hlynur Þór Björnsson related to the soon-to-be opened icelandic exchange. I wonder the same thing for a while. http://auroraspjall.is/viewtopic.php?f=13&t=295&p=1081#p1081by Dinobotta » 28 Nov 2015 09:45
Isx.is is opening up for ISK/AUR trading within Iceland, beta tests will hopefully start next week.
This will open up for some strange market dynamics where Auroracoin will be traded locally for ISK and on foreign exchanges for BTC ~ USD. These two markets will be separated by currency controls in Iceland.
To begin with I think tha the Isx.is ISK price for AUR when calculated via official ISK/USD/BTC price will be on par with foreign exchanges. This will change when the Icelanders that own BTC and can arbitrage the two markets will deplete their BTC funds, unless the currency controls don't hold and Icelanders can freely buy BTC.
The Isx.is market is not open to foreigners because of the currency controls, so this market will have limited supply of freshly mined Auroracoin, given that miners are mostly foreigners. The supply will be more or less Airdroped coins and the demand will be driven by Icelanders interested in giving Auroracoin a chance. While foreign markets are driven by miners and foreign speculators.
Any ideas how this will play out?Interesting thoughts. How harsh are these capital/currency controls? Is it possible to acquire digital goods like steam credits, gift cards, etc inside Iceland and sell them abroad for AUR? Another thought: shouldn't there be large AUR holdings inside Iceland resulting from the airdrop? In sum, I can't imagine the capital controls being so tight that it wont be possible to sync those markets. AUR/BTC (outside Iceland) and ISK/AUR (on isx.is) should be small enough to allow for that. It's just a hunch, though. Yeah, there will likely be some kind of price difference one way or the other reflecting some sort of friction or imbalances, but I'm guessing not more than 10% and probably pretty constant over time. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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leigh2k14
Legendary
Offline
Activity: 1288
Merit: 1000
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November 29, 2015, 07:12:40 PM |
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I sent 235 AUR from bittrex to my wallet about 30 mins ago and they haven't shown up as of yet. The address is correct: AeFyPhmJGEuUtwfgBu8Gt661ABVHjuHZSY
But the TXID doesn't show anything on the block explorer: 2e0ab533a4620dabc67b5cabf89a01a119a37335a5d6ce3ed0811c1b118a9bb7
All my AUR transfers have been pretty much instantaneous except for this one.
Anyone have any idea what's happened?
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