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Author Topic: Slimcoin | First Proof of Burn currency | New v0.5.1 binaries  (Read 88092 times)
drbarber
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August 10, 2017, 04:56:32 AM
 #1201

Ah kk will be patient then @gavrilo77 - Thanks!

@gjhiggins - do I need to start the command & then the 8 days starts or after? Thanks.

Also I'm not sure if the wallet lock/unlock is working, I enter the command correct but it doesn't really respond and the GUI graphics don't indicate if it's unlocked.

See pic below (obviously I entered the correct pass above it in the code but just to show)

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gavrilo77
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August 10, 2017, 05:02:24 AM
 #1202

Ah kk will be patient then @gavrilo77 - Thanks!

@gjhiggins - do I need to start the command & then the 8 days starts or after? Thanks.

Also I'm not sure if the wallet lock/unlock is working, I enter the command correct but it doesn't really respond and the GUI graphics don't indicate if it's unlocked.

See pic below (obviously I entered the correct pass above it in the code but just to show)




walletpassphrase password 99999999999999999

Normally after 1-2 min you should see that your wallet is unlocked

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drbarber
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August 10, 2017, 05:42:58 AM
 #1203

Sweet thanks, just needed patience lol.
Jaime Staples
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August 10, 2017, 06:24:19 AM
 #1204

Guys, can u tell me plz, what's the benefits of ur coins, but not on the "press release" language?
gjhiggins
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August 10, 2017, 07:58:23 AM
 #1205

Guys, can u tell me plz, what's the benefits of ur coins, but not on the "press release" language?

You're in luck, there's a README
Quote
What is SlimCoin?

Slimcoin (abbreviated SLM), is the first known cryptocurrency designed as a combined proof-of-burn/proof-of-stake/proof-of-work system. It can be mined using a special “Dcrypt” algorithm.

SlimCoin is unique for using the Proof of Burn algorithm. This algorithm rewards the “destruction” of coins by sending them to an unspendable address. It can be described as a long-term investment rewarding variant of Proof of Stake and has interesting economical implications - see the resources below for details.

The Dcrypt algorithm is extremely anti-ASIC and currently can only be mined with a CPU. It is made so mining with hardware will be inefficient in the future, given the intensity of this algorithm, thus forcing the users to mine through the proof-of-stake and proof-of-burn. Thus, with SlimCoin energy consumption would decrease over time as proof-of-work blocks become less rewarding and coin generation becomes increasingly based on proof-of-stake block generation.

Slimcoin's codebase is build upon Bitcoin and Peercoin.

Cheers

Graham
muf18
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August 10, 2017, 11:50:55 AM
 #1206

I didnt respond to beatcoin and they closed my ticket? Should I renew it?

dzarmush
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August 11, 2017, 06:35:13 AM
 #1207

The russian translation of the website is now online. Thanks @dzarmush! (It seems you have translated directly the HTML files, that would not have been necessary - translating the .md files you probably had much less work ...).

So CMC finally are tracking us the right way. I will supervise them a bit, to see if they are tracking slimcoin.club's statistics correctly. Once ACME is finished, I plan to run a node and would provide it to them as an alternative source, to have more redundancy. The current market cap for me is much more realistic than the one we had with the 1999 satoshi spike Wink

Cool, I'm gonna read it next week. I don't know what is .md and how to open it )

Not a while ago I wanted to send 10K Slim to someone who would fix CMC. Where do I send it, d5000?

drbarber
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August 11, 2017, 07:33:45 PM
 #1208

So wallet started staking finally but my balance disappeared?
Is it still there and not showing up?
Not sure what to do.... I've only unlocked my wallet...


gavrilo77
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August 11, 2017, 07:40:36 PM
 #1209

So wallet started staking finally but my balance disappeared?
Is it still there and not showing up?
Not sure what to do.... I've only unlocked my wallet...




Your balance will show up

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d5000
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August 11, 2017, 07:59:47 PM
 #1210

Cool, I'm gonna read it next week. I don't know what is .md and how to open it )

.md are Markdown files - this is a simple text format you can edit with every text editor. It provides some simple formatting functions (bold, codeblocks, lists etc.) with much simpler code than HTML. In the main directory of the website on Github I have left some very basic instructions how they can be translated. Maybe I should expand them a bit.

Quote
Not a while ago I wanted to send 10K Slim to someone who would fix CMC. Where do I send it, d5000?

If you want to tip me you can send SLM to the following address: SV9ekTqtBbd81eVXGS7DLtKxVzCNJH6f1K . However, I think 10K is too generous Wink And another person also seems to have communicated with Coinmarketcap providing them the link to the current thread - but I don't know who (s)he was.

CMC seems now also to update the circulating supply correctly, but it is not done every 5 minutes but more like once or twice per day, it seems. But for me that is OK ...

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dzarmush
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August 12, 2017, 10:12:52 AM
 #1211

Not a while ago I wanted to send 10K Slim to someone who would fix CMC. Where do I send it, d5000?

If you want to tip me you can send SLM to the following address: SV9ekTqtBbd81eVXGS7DLtKxVzCNJH6f1K . However, I think 10K is too generous Wink And another person also seems to have communicated with Coinmarketcap providing them the link to the current thread - but I don't know who (s)he was.

CMC seems now also to update the circulating supply correctly, but it is not done every 5 minutes but more like once or twice per day, it seems. But for me that is OK ...

Sent. Although I don't see it on the blockchain yet, only on Nova withdrawal page.

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August 12, 2017, 11:11:57 AM
 #1212

Sent. Although I don't see it on the blockchain yet, only on Nova withdrawal page.

I've adjusted the Slimcoin instance of ACME, adding the given address as #3 in the drop-down menu (hover the mouse to see a pop-up giving the actual address). The tx is showing up. (And has made me think *very* hard about orphans and chain reorganisations w.r.t. blocknotify)

(I know the tx layout doesn't make sense. All the components are there but their relationship is not clearly expressed.)

Cheers

Graham
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August 12, 2017, 11:32:43 AM
 #1213

Sent. Although I don't see it on the blockchain yet, only on Nova withdrawal page.

I've adjusted the Slimcoin instance of ACME, adding the given address as #3 in the drop-down menu (hover the mouse to see a pop-up giving the actual address). The tx is showing up. (And has made me think *very* hard about orphans and chain reorganisations w.r.t. blocknotify)

(I know the tx layout doesn't make sense. All the components are there but their relationship is not clearly expressed.)

Cheers

Graham


I looked here https://bchain.info/SLM/addr/SV9ekTqtBbd81eVXGS7DLtKxVzCNJH6f1K

For some reason I started seeing this is the left bottom corner of my 0.5 Mac wallet:





muf18
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August 12, 2017, 12:38:21 PM
 #1214

Ok. So I know it's a bit early to say this, but I thought we (as a community), with some registered 'entity' (like Slimcoin foundation), could go to Consensus 2018. What do you think about it? Of course most of the elements should be implemented then. Now question to Graham - would you go? And who wants to go? I'm 100% sure I would go.

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August 12, 2017, 01:05:24 PM
 #1215

I have not yet been proved correct in projecting that my maxed-out Slimcoin node will fall behind the chain. It's decidedly busy and seems reluctant to respond to impertinent enquiries about its state of health but it is still synced ... (edited for brevity):

~ $ date; ~/bin/slimcoin getinfo; date
Fri Aug 11 22:35:01 CEST 2017
{
    "blocks" : 1070688,
    "moneysupply" : 16877871.46784200,
    "connections" : 5,
}
Fri Aug 11 22:37:54 CEST 2017


Nearly three minutes to respond to a JSON-RPC command!

~ $ date; ~/bin/slimcoin getinfo; date
Sat Aug 12 10:43:46 CEST 2017
{
    "blocks" : 1071200,
    "moneysupply" : 16883235.23153300,
    "connections" : 5,
}
Sat Aug 12 10:46:16 CEST 2017


Obviously more relaxed at the w/e, two minutes 30s to respond to a JSON-RPC command.

It is still staking like a champ so, to continue the experiment, I'm planning to give it a bit more CPU “oomph” ...

The Slimcoin node is not the only node hosted on our server, it also hosts Minkiz, somewhere around a dozen coin nodes (3 of 'em Slimcoin nodes), *two* instances of ACME (try port 5059: in progress, awaiting me running the scripts to create the RDF graph), an instance of Fuseki, a couple of Abe instances and an Iquidus explorer (that's just off the top of my head).

The i5 that's been doing duty as our server for the last three years is somewhat overdue for replacement. It costs me around 34EUR a month and I can actually upgrade to a faster i7-3770, 32Gb RAM, 2*1Tb HD and save nearly two whole EUR at 32.7EUR a month -

https://www.hetzner.com/sb <- dial the RAM to 32Gb and CPU Benchmark to 9000, choose from there

Thus far it has cost us around 1200 EUR for 3 years of serving web sites, databases, coin nodes, etc. - we wouldn't have been able to fund a bricks'n'mortar outlet, *that's* for sure.

Got some plans for exploiting this edge more intensively, I shall probably start the migration prep over the w/e,

fwiw, I have configured my crontab to cycle over three coins enabling PoW generation for a 10 minute period each (2 per hour). It used to be 4 coins each getting 15 mins but last November, after its upgrade to a masternode codebase, I removed Chaincoin from the setup when the significant increase in diff rendered 15mins of mining inadequate.

(So, why PNut, CHC, FC and RLT? - Pnut was just an overlooked primecoin clone, I wanted to try out prime generation on my lappie and enjoyed building myself up to be a *major* bagholder - which is what happens when there are just 4 nodes in the network. c11 is the same as x11, except that two algos are switched in the ordering, so all the comments about how well x11 does on GPU also apply to c11 and I thought that one day, people might cotton on - that one didn't pan out *quite* as expected but I shan't complain. FC was criticised as a PITA for swapping out *all* the SHA256 for Fugue, not just the PoW hash, and, you never know, it might be the last altcoin standing if SHA256 gets significantly compromised. RLT was horrendously misnamed by a hapless dev and consequently dismissed by the breathlessly avaricious as a lame clone of Litecoin aimed at the gambling industry whereas the roulette reference was to a random choice of algo: https://github.com/roulettecoin/roulettecoin/blob/master-0.8/src/roulette.h which made it quite CPU-friendly to mine. At some point, I will investigate whether RLT can be nursed along Litecoin's subsequent development path to arrive at a segwit-enabled Bitcoin Core version, same with FC. Ofc, they'll both handle OP_RETURN and so each could have its own click-deployable associated ACME adaptation.)

Cheers

Graham
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August 12, 2017, 01:13:56 PM
 #1216


Try here: http://tessier.bel-epa.com:99999/main/addr/SV9ekTqtBbd81eVXGS7DLtKxVzCNJH6f1K <- s/99999/6054/

Quote
For some reason I started seeing this is the left bottom corner of my 0.5 Mac wallet:


I've not seen that before and it's not something that I'd want to ignore without knowing the reason. More info needed (anonymised) on how much RAM is free and whether the client is intensively staking, etc.

Cheers

Graham
d5000
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August 12, 2017, 03:02:42 PM
 #1217

Sent. Although I don't see it on the blockchain yet, only on Nova withdrawal page.
Thanks dzarmush! I see the transaction on my client. But you're right, on Bchain.info it doesn't show up. They have often problems like addresses and transactions that are giving HTTP errors.

I've looked at getpeerinfo and spotted them (they are behind the well-known 5.9.39.9 node) and it shows that they're using an older client (0.4.1) - maybe that is the explanation? Should we contact them to upgrade to 0.5?

Anyway, I'll use the generous tip as an incentive to set up a 24/7 node (I had one running on a VPS, but it frequently crashed other services on the server and so I was forced to shut it down) and then provide an ACME instance once it's ready.

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dzarmush
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August 12, 2017, 08:15:14 PM
 #1218

CMC seems now also to update the circulating supply correctly, but it is not done every 5 minutes but more like once or twice per day, it seems.

I watched over CMC today, looks like it updates pretty often now.

muf18
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August 13, 2017, 08:30:12 AM
 #1219

Coinmarketcap is for now ok.
But near vertical diff changes wonders me what hardware someone have plugged in.
Still without any pool, the diff changed dramatically.

gavrilo77
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August 13, 2017, 08:57:24 AM
 #1220

Coinmarketcap is for now ok.
But near vertical diff changes wonders me what hardware someone have plugged in.
Still without any pool, the diff changed dramatically.

For example 6 Ryzen 1700x CPU can give 1 Mh/s, so you imagine a couple server stations with the new XEON CPU (Intel® Xeon® Processor E7-8890 v4, 3.40 GHz, 48 threads)

Edit: At this price profitability (even 600 satoshi) is very high. With 1000 SLM per day (which is easy to achieve with good CPUs) we are coming to the amount of 20-30 dollars per day. As per my opinion if you have 200 000 SLM burnt daily must come more than 1000 SLM.
At the moment i have ~94 000 Effective burnt coins and still i am getting more than 500 SLM per day

BitSend ◢◤Clients | Source
www.bitsend.info
| Your Digital Network | 10MB Blocks
| Algo: XEVAN | DK3 | Masternodes
| BSD - Tether USDT Pair ✔
| Bittrex | C.Gather | S.Exchange
| Cryptopia | LOCALCRYPTO | Livecoin
| CoinPayments | Faucet | Bitsend Airdrop

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