LTEX
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 Offline
Activity: 1025
Merit: 1000
ltex.nl
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March 18, 2016, 08:34:47 AM |
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https://chainz.cryptoid.info/aur/#!rich In the top 100 addresses you can see a lot of duplication. Addresses 24-42 belong to the same person (950 000 AUR). This is most likely LTEX, Biomike or Kenchanyu who are the largest holders of AUR. 63% of the distributed coins is in less then 20 peoples hands imo. This makes the risk/reward very good for those trying hard to make it work in Iceland. Foundation I think owns top 2 addresses in rich list. This is the address the +-5.3 million AUR was burned. http://explorer.auroracoin.eu/address/AURburnAURburnAURburnAURburn7eS4Rf The 24-42 adresses, each holding 50K AUR belong to the Foundation: https://bitcointalk.org/index.php?topic=1044432.msg13013984#msg13013984Top two are Cryptsy and MintPal. That last one went bust and those coins can be regarded as lost since the curator of the bankruptcy can't get the codes to the wallets anymore. And yes, I'm in the shortlist as well. Which is not surprising, since I have been strongly supporting, mining and holding Auroracoin from the start. |
A fool will just look at the finger, even if it points to paradise!
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Auroracoin (OP)
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Activity: 61
Merit: 5
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March 18, 2016, 08:36:12 AM |
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crackfoo
Legendary
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Activity: 3556
Merit: 1126
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March 18, 2016, 11:22:11 AM |
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running as sha256 I get an "out of memory" error...
Anyone else?
Only at block 225000 you can mine sha256. right ok, so that's expected till then? Was just setting things up. |
ZPOOL - the miners multipool! Support We pay 10 FLUX Parallel Assets (PA) directly to block rewards! Get paid more and faster. No PA fee's or waiting around for them, paid instantly on every block found!
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Skarfur
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March 18, 2016, 11:25:30 AM |
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running as sha256 I get an "out of memory" error...
Anyone else?
Only at block 225000 you can mine sha256. right ok, so that's expected till then? Was just setting things up. Yes, till then Auroracoin is still Scrypt only. |
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BioMike
Legendary
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Activity: 1658
Merit: 1001
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March 18, 2016, 09:28:42 PM |
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running as sha256 I get an "out of memory" error...
Anyone else?
Only at block 225000 you can mine sha256. right ok, so that's expected till then? Was just setting things up. Normally, you should not get any "out of memory" error (even when we're not at 225000 yet). Do you get the same with other wallets (Digibyte)? Is it repeatable? How is the system load? |
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myriadcoin
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March 19, 2016, 06:05:22 AM |
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Would Auroracoin consider enabling merge mining on all the algorithms as well as a hardfork to multi-algo?
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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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Myraidcoins
Full Member
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Activity: 421
Merit: 101
World's First Crowd Owned Cryptocurrency Exchange
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March 19, 2016, 08:27:53 AM |
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Would Auroracoin consider enabling merge mining on all the algorithms as well as a hardfork to multi-algo?
Merge mine against Groestl as the parent coin for the algo. SHA256 can stay on its own. Scrypt merge on litecoin. The other 2 algos can be discussed. |
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Myraidcoins
Full Member
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Activity: 421
Merit: 101
World's First Crowd Owned Cryptocurrency Exchange
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March 19, 2016, 12:41:11 PM |
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All the airdrops were rigged , it's the name of the game but with AUR the right bagholders ended up being dumped on and they trying to revive the coin to the benefit of all holders. Look at asia coin as an example, nothing is being done and people lost money and sitting with coins that never be worth anything. Yes, every person with a functioning brain knows this was rigged like every other airdrop, AUR devs tried to hide it better but lets look to the future and lets see what this team can do to restore faith in AUR even if it means making the original developer extremely rich. The airdrop has made Auroracoin the most decentralised coin on the planet right now. The big holders that do exist hold much smaller proportions of total supply as compared to any other coin. In the effort to decentralize finance, you are welcome to present a coin that is more decentralized than auroracoin. You can't punish the new team for the sins of the original developer. Give the new team the benefit of the doubt, in my humble opinion the anonymous developer dumped out when the coin was at a much higher price, it was created as a con job but it's still a brilliant idea. |
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Skarfur
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March 19, 2016, 03:17:16 PM |
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Would Auroracoin consider enabling merge mining on all the algorithms as well as a hardfork to multi-algo?
Merge mine against Groestl as the parent coin for the algo. SHA256 can stay on its own. Scrypt merge on litecoin. The other 2 algos can be discussed. Merge mining has been discussed before as one option to secure the blockchain but no actions have been taken towards that. Our main goal with the coin development will always be to implement improvements that will benefit stability and security of the blockchain. I'm sure that merged mining will be considered if it will help us to achieve those goals. Does merged mining on top of multi-algo provide a noteworthy increase in security and stability? What do you guys think the pros and cons of such an implementation would be? |
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Myraidcoins
Full Member
Offline
Activity: 421
Merit: 101
World's First Crowd Owned Cryptocurrency Exchange
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March 19, 2016, 04:24:34 PM |
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Would Auroracoin consider enabling merge mining on all the algorithms as well as a hardfork to multi-algo?
Merge mine against Groestl as the parent coin for the algo. SHA256 can stay on its own. Scrypt merge on litecoin. The other 2 algos can be discussed. Merge mining has been discussed before as one option to secure the blockchain but no actions have been taken towards that. Our main goal with the coin development will always be to implement improvements that will benefit stability and security of the blockchain. I'm sure that merged mining will be considered if it will help us to achieve those goals. Does merged mining on top of multi-algo provide a noteworthy increase in security and stability? What do you guys think the pros and cons of such an implementation would be? Merge mining will prevent 51% attack on each algorithm or on multiple as individuals won't be able to rent enough hash. It is easy for scammers like the original AUR dev to rent load of hash and disrupt an entire algorithm. |
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apcoins
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March 19, 2016, 10:42:39 PM |
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Would Auroracoin consider enabling merge mining on all the algorithms as well as a hardfork to multi-algo?
Merge mine against Groestl as the parent coin for the algo. SHA256 can stay on its own. Scrypt merge on litecoin. The other 2 algos can be discussed. Merge mining has been discussed before as one option to secure the blockchain but no actions have been taken towards that. Our main goal with the coin development will always be to implement improvements that will benefit stability and security of the blockchain. I'm sure that merged mining will be considered if it will help us to achieve those goals. Does merged mining on top of multi-algo provide a noteworthy increase in security and stability? What do you guys think the pros and cons of such an implementation would be? Merge mining will prevent 51% attack on each algorithm or on multiple as individuals won't be able to rent enough hash. It is easy for scammers like the original AUR dev to rent load of hash and disrupt an entire algorithm. Asia coin was the worst of all the country coin scams . They dumped on the community. Then they pretended to do a community takeover and dumped again and they had a hidden premine.Balduro made more money as asiacoin never reached the heights of AUR. AUR was the first and what followed was a whole barrage of premine scams until everyone caught on. Then it was IPO's, Then ICO'S etc I also heard kim jong il doesn´t use the toilet as normal ppl and he found the only unicorn nest ever to be found. All rumors are rumors and unless there is any prove or fact i would be appreciated that you state this as your opinion rather than a fact. |
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Trackcoins
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March 20, 2016, 05:17:22 AM |
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Would Auroracoin consider enabling merge mining on all the algorithms as well as a hardfork to multi-algo?
Merge mine against Groestl as the parent coin for the algo. SHA256 can stay on its own. Scrypt merge on litecoin. The other 2 algos can be discussed. Merge mining has been discussed before as one option to secure the blockchain but no actions have been taken towards that. Our main goal with the coin development will always be to implement improvements that will benefit stability and security of the blockchain. I'm sure that merged mining will be considered if it will help us to achieve those goals. Does merged mining on top of multi-algo provide a noteworthy increase in security and stability? What do you guys think the pros and cons of such an implementation would be? Merge mining will prevent 51% attack on each algorithm or on multiple as individuals won't be able to rent enough hash. It is easy for scammers like the original AUR dev to rent load of hash and disrupt an entire algorithm. Asia coin was the worst of all the country coin scams . They dumped on the community. Then they pretended to do a community takeover and dumped again and they had a hidden premine.Balduro made more money as asiacoin never reached the heights of AUR. AUR was the first and what followed was a whole barrage of premine scams until everyone caught on. Then it was IPO's, Then ICO'S etc I also heard kim jong il doesn´t use the toilet as normal ppl and he found the only unicorn nest ever to be found. All rumors are rumors and unless there is any prove or fact i would be appreciated that you state this as your opinion rather than a fact. Yes, dev remain anon because he was worried about CIA and Icelan special forces catch him, he did not remain anon because he was trying to scam. |
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thsminer
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March 20, 2016, 09:30:56 AM |
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Regarding all conspiracy theories:
- Why would someone that intentionally want to scam the community, setup a complicated scheme for three airdrops?
- Why would a scammer that intentionally wants to cash out leave a large portion of the coins untouched?
- Why would that person bother about handing over the website to a foundation and setup a wallet with 1 MM AUR for future expenses?
- Why does this person or group burn the remaining AUR instead of waiting to dump the remainder?
and there are more questions one can ask themselves. I admit the airdrop did not turn out a 100% succes, maybe the contrary. But every method has it's flaws. In the aviation industry everything is doubled, tripled, checked and still once in a while a plane crashes... What to expect from a method that was never tested and had to be caried out on short term...
Regarding security;
The current codebase was choosen for security reasons because MentalCollatz applied a fix to the DGB 4.x codebase that makes 51% attacks very unlikely. With this retarget fix a miner would need majority on multiple algos at once.
Thats also one of the reasons for 61 seconds blocktime, it's a prime and therefore prevents time repetitive flaws we do not even know of.
I read a lot about stealing or copying code even in other coins anns. When someone says AUR copied the algo he obviously has no knowledge about coin mechanics. The algo is the way the data is secured on the blockchain. For BTC that is SHA256d and for Litecoin that is Scrypt, besides those two a lot of other hashing methods are developed and used. So basicaly no coin copies the algo. The algo is a published method of securing.
Next to that there is a retargetting system, BTC used the average of 2015 blocks to calculate the next difficulty, but that was too long for the altcoin scene. AUR uses Kimoto gravity well till now (yes, copied code but proven and when used properly rock solid). The new codebase uses what DGB calls Digishield, a much faster responding retargetting method develloped by DGB and I discussed personally with Jared to use that. I also asked Mental for known flaws and he responded "not that I know of with the latest additions"
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dinobotta
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March 20, 2016, 10:47:01 AM |
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Regarding all conspiracy theories:
- Why would someone that intentionally want to scam the community, setup a complicated scheme for three airdrops?
- Why would a scammer that intentionally wants to cash out leave a large portion of the coins untouched?
- Why would that person bother about handing over the website to a foundation and setup a wallet with 1 MM AUR for future expenses?
- Why does this person or group burn the remaining AUR instead of waiting to dump the remainder?
and there are more questions one can ask themselves. I admit the airdrop did not turn out a 100% succes, maybe the contrary. But every method has it's flaws. In the aviation industry everything is doubled, tripled, checked and still once in a while a plane crashes... What to expect from a method that was never tested and had to be caried out on short term...
Great summary that answers all the trolls here. |
"Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone". Satoshi Nakamoto
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Myraidcoins
Full Member
Offline
Activity: 421
Merit: 101
World's First Crowd Owned Cryptocurrency Exchange
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March 20, 2016, 11:13:42 AM |
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Regarding all conspiracy theories:
- Why would someone that intentionally want to scam the community, setup a complicated scheme for three airdrops?
- Why would a scammer that intentionally wants to cash out leave a large portion of the coins untouched?
- Why would that person bother about handing over the website to a foundation and setup a wallet with 1 MM AUR for future expenses?
- Why does this person or group burn the remaining AUR instead of waiting to dump the remainder?
and there are more questions one can ask themselves. I admit the airdrop did not turn out a 100% succes, maybe the contrary. But every method has it's flaws. In the aviation industry everything is doubled, tripled, checked and still once in a while a plane crashes... What to expect from a method that was never tested and had to be caried out on short term...
Regarding security;
The current codebase was choosen for security reasons because MentalCollatz applied a fix to the DGB 4.x codebase that makes 51% attacks very unlikely. With this retarget fix a miner would need majority on multiple algos at once.
Thats also one of the reasons for 61 seconds blocktime, it's a prime and therefore prevents time repetitive flaws we do not even know of.
I read a lot about stealing or copying code even in other coins anns. When someone says AUR copied the algo he obviously has no knowledge about coin mechanics. The algo is the way the data is secured on the blockchain. For BTC that is SHA256d and for Litecoin that is Scrypt, besides those two a lot of other hashing methods are developed and used. So basicaly no coin copies the algo. The algo is a published method of securing.
Next to that there is a retargetting system, BTC used the average of 2015 blocks to calculate the next difficulty, but that was too long for the altcoin scene. AUR uses Kimoto gravity well till now (yes, copied code but proven and when used properly rock solid). The new codebase uses what DGB calls Digishield, a much faster responding retargetting method develloped by DGB and I discussed personally with Jared to use that. I also asked Mental for known flaws and he responded "not that I know of with the latest additions"
To clear up the questions: - Why would someone that intentionally want to scam the community, setup a complicated scheme for three airdrops? Money/bitcoin- Why would a scammer that intentionally wants to cash out leave a large portion of the coins untouched? Future Money/Bitcoin- Why would that person bother about handing over the website to a foundation and setup a wallet with 1 MM AUR for future expenses? To legitimize what he has stolen, attempt to play innocent- Why does this person or group burn the remaining AUR instead of waiting to dump the remainder? To legitimize what he has stolen, attempt to play innocentIt's not complicated at all to create a airdrop. EASY MONEY and there are more questions one can ask themselves. I admit the airdrop did not turn out a 100% succes, maybe the contrary. But every method has it's flaws. In the aviation industry everything is doubled, tripled, checked and still once in a while a plane crashes... What to expect from a method that was never tested and had to be caried out on short term... You took the meaning of a airdrop literally as someone using a real plane ? lol Digibyte used a freelance developer MentalCollatz to solve their problems. When it comes to premines you are guilty until proven innocent especially when the developer was anonymous. There is no need to defend the scammer , he did you no favors and made it harder for the team to make it a success as you will always have to deal with this in the future. You should be angry and demand he reveals his true self. |
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Whistleblowa
Newbie
Offline
Activity: 31
Merit: 0
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March 20, 2016, 11:35:39 AM |
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Is it possible to explain another situation where this wasn't scam transactions taking place or would it require the anonymous developer to explain himself? Does anyone have contact with the developer that created this coin? All the airdrops were rigged , it's the name of the game but with AUR the right bagholders ended up being dumped on and they trying to revive the coin to the benefit of all holders. Look at asia coin as an example, nothing is being done and people lost money and sitting with coins that never be worth anything. Yes, every person with a functioning brain knows this was rigged like every other airdrop, AUR devs tried to hide it better but lets look to the future and lets see what this team can do to restore faith in AUR even if it means making the original developer extremely rich.
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dinobotta
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March 20, 2016, 12:22:49 PM |
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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.. |
"Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone". Satoshi Nakamoto
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Auroracoin (OP)
Jr. Member
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Activity: 61
Merit: 5
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March 20, 2016, 01:00:35 PM |
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