Bitcoin Forum
October 27, 2020, 03:33:58 PM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 [104] 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 »
  Print  
Author Topic: Slimcoin | First Proof of Burn currency | Decentralized Web  (Read 132783 times)
spark.bet
Full Member
***
Offline Offline

Activity: 155
Merit: 100


View Profile
March 11, 2018, 11:17:15 AM
Last edit: March 11, 2018, 11:35:10 AM by spark.bet
 #2061

When I look at the different blocks on the image below, we can see a POS coin, the POB blocks are really in the minority.
For a coin that highlights the POB system, I find it strange.
In addition 10% for pos is really too much for the long term.
10% annual return for the POB with a majority of block and 2% annual return for the POS would be much better in my opinion.

1603812838
Hero Member
*
Offline Offline

Posts: 1603812838

View Profile Personal Message (Offline)

Ignore
1603812838
Reply with quote  #2

1603812838
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1603812838
Hero Member
*
Offline Offline

Posts: 1603812838

View Profile Personal Message (Offline)

Ignore
1603812838
Reply with quote  #2

1603812838
Report to moderator
1603812838
Hero Member
*
Offline Offline

Posts: 1603812838

View Profile Personal Message (Offline)

Ignore
1603812838
Reply with quote  #2

1603812838
Report to moderator
1603812838
Hero Member
*
Offline Offline

Posts: 1603812838

View Profile Personal Message (Offline)

Ignore
1603812838
Reply with quote  #2

1603812838
Report to moderator
muf18
Sr. Member
****
Offline Offline

Activity: 854
Merit: 310


View Profile
March 11, 2018, 11:30:46 AM
 #2062

When I look at the different blocks on the image below, we can see a POS coin, the POB blocks are really in the minority.
For a coin that highlights the POB system, I find it strange.
In addition 10% for pos is really too much for the long term.
10% annual return for the POB with a majority of block and 2% annual return for the POS would be much better in my opinion.



POS blocks have usually much less rewards than POW and POB blocks.
While POW/POB blocks have 10-12 coins per block, POS has about 0.1-0.5 coins per block, variable on the stake of coins (you can have also big rewards, if you stake one block of eg. 50.000 coins).
I agree than POS should have less % annual return, it's a little bit inflationary right now.
But even tho, burning balances it out inflation.
spark.bet
Full Member
***
Offline Offline

Activity: 155
Merit: 100


View Profile
March 11, 2018, 11:50:27 AM
 #2063

I would prefer to receive smaller but much more regular POB rewards.
The image below would really give the impression of a POB coin.
muf18
Sr. Member
****
Offline Offline

Activity: 854
Merit: 310


View Profile
March 11, 2018, 12:28:14 PM
 #2064

If we introduce a new PoS algorythm recalculating rewards, based not on time, but on actual staking, and decrease rewards, and there would be a higher PoW hashrate, than it would be more PoB rewards.
But POB can't be dominating, only it could dominate, if you burn most of the coins from supply, than yes, it could be truth.
But there is only about 15% supply burned for now.

If we burned like 90% coins than I could imagine that it could dominate. But it's impossible.
gavrilo77
Hero Member
*****
Offline Offline

Activity: 804
Merit: 501



View Profile
March 11, 2018, 08:06:49 PM
 #2065

If we introduce a new PoS algorythm recalculating rewards, based not on time, but on actual staking, and decrease rewards, and there would be a higher PoW hashrate, than it would be more PoB rewards.
But POB can't be dominating, only it could dominate, if you burn most of the coins from supply, than yes, it could be truth.
But there is only about 15% supply burned for now.

If we burned like 90% coins than I could imagine that it could dominate. But it's impossible.

I would agree to have fork without PoS. I have burned 50 % of not small bag. Burned couple of 100k SLM
muf18
Sr. Member
****
Offline Offline

Activity: 854
Merit: 310


View Profile
March 11, 2018, 08:08:51 PM
 #2066

https://bitcointalk.org/index.php?topic=3106288.0
spark.bet
Full Member
***
Offline Offline

Activity: 155
Merit: 100


View Profile
March 11, 2018, 08:18:15 PM
 #2067

If we introduce a new PoS algorythm recalculating rewards, based not on time, but on actual staking, and decrease rewards, and there would be a higher PoW hashrate, than it would be more PoB rewards.
But POB can't be dominating, only it could dominate, if you burn most of the coins from supply, than yes, it could be truth.
But there is only about 15% supply burned for now.

If we burned like 90% coins than I could imagine that it could dominate. But it's impossible.

Thanks for the clarifications.

What is the annual return POB for those who leave their wallet open all year round ?
muf18
Sr. Member
****
Offline Offline

Activity: 854
Merit: 310


View Profile
March 13, 2018, 09:46:17 PM
 #2068

For everybody, who want to sell I propose to buy any amount of Slimcoin at rate 0.01$ up to 500K.
muf18
Sr. Member
****
Offline Offline

Activity: 854
Merit: 310


View Profile
March 15, 2018, 12:17:08 PM
Last edit: March 15, 2018, 06:46:05 PM by muf18
 #2069

Zaif exchange is contacting me through telegram, if we would to list for 2.5eth...
But it made me wonder, if they aren't some kind of scammers, because it's third time exchanges are contacting me or Kilari through telegram and not community email.
I'll send email to zaif today, to see if they aren't some kind of scammers.

Btw. are we renewing this wallet into new fresh look?
ZuSinus
Sr. Member
****
Offline Offline

Activity: 518
Merit: 261



View Profile
March 16, 2018, 08:19:44 PM
Last edit: March 16, 2018, 08:41:41 PM by ZuSinus
 #2070

Hey.
I want to install a wallet on Ubuntu 16.04
Running: make -f makefile.unix
I get an error: /usr/bin/ld: cannot find -lminiupnpc
How can I fix it?


I did it with the help of Google))

Only slimcoind was compiled. Can I compile the GUI?
eddycurrent
Jr. Member
*
Offline Offline

Activity: 61
Merit: 3


View Profile
March 16, 2018, 10:56:01 PM
 #2071

Hello Muf18,

Regarding this question:
Btw. are we renewing this wallet into new fresh look?

I have considered doing it, but when I asked a question about it about back in January, I only got one response. If there is further interest from the community I will investigate the best way of doing it.

To answer ZuSinus's question,

Only slimcoind was compiled. Can I compile the GUI?

This can be done using the instructions in doc/readme-qt.rst in the official repository.

Regards
muf18
Sr. Member
****
Offline Offline

Activity: 854
Merit: 310


View Profile
March 16, 2018, 11:30:43 PM
 #2072

Hello Muf18,

Regarding this question:
Btw. are we renewing this wallet into new fresh look?

I have considered doing it, but when I asked a question about it about back in January, I only got one response. If there is further interest from the community I will investigate the best way of doing it.

To answer ZuSinus's question,

Only slimcoind was compiled. Can I compile the GUI?

This can be done using the instructions in doc/readme-qt.rst in the official repository.

Regards

I think that redesign to look more fresh is needed as well as maybe to make it faster?
What do you think? Could it be opening and synchronizing, as fast as Peercoin wallet?
d5000
Legendary
*
Offline Offline

Activity: 2618
Merit: 2056


Decentralization Maximalist


View Profile
March 17, 2018, 04:48:22 AM
Last edit: March 17, 2018, 05:34:56 AM by d5000
 #2073

@eddycurrent, you would have my support for a "design refresh". I think these kinds of changes shouldn't impact too much in the "core structure" of the wallet software.

Something I also would like is to add the coin control tools some alternative Bitcoin-based wallets feature, but that is surely a more challenging task (I mean to remember that gjhiggins mentioned there were changes necessary to the original code because of Slimcoin's different block structure).

BTW: Has somebody tested the Slimweb tools I uploaded some weeks ago and made it work with some Torrent hash inscribed in the blockchain? I still struggle with the problem that the gateway (this one) fails to find some test torrents I host on the same server like the RDF blockchain, very likely because of a NAT issue.

The Slimweb tools themselves, however, seem to work fine until now, and didnt't need much maintenance, even on a cheap VPS. (To newbies: The Slimweb tools I mentioned provide a "structured data" version of the blockchain in RDF which can be used as a block explorer and point to torrent hashes of websites, which form a decentralized WWW alternative.)

casper77
Legendary
*
Online Online

Activity: 2142
Merit: 1013


View Profile
March 17, 2018, 05:23:38 AM
 #2074

dear community, which kind of CPU is eligible to mine SLIMCOIN in solo mode ?
i have one 4-core and one 8-core AMD CPU's, are they so ?
thanks
muf18
Sr. Member
****
Offline Offline

Activity: 854
Merit: 310


View Profile
March 17, 2018, 02:16:36 PM
Last edit: March 17, 2018, 07:55:59 PM by muf18
 #2075

All of cpus are eligible to mine slimcoin.

Btw. I have checked new PPC wallet, and it's very fast, and lightweight we should upgrade to v0.6, as soon, as possible, if it's possible, because, they have optimize it greatly, it seems.
d5000
Legendary
*
Offline Offline

Activity: 2618
Merit: 2056


Decentralization Maximalist


View Profile
March 17, 2018, 04:27:48 PM
 #2076

Btw. I have checked new PPC wallet, and it's very fast, and lightweight we should upgrade to v0.6, as soon, as possible, if it's possible, because, they have optimize it greatly, it seems.
I agree - maybe before we make changes to the design we should update to the 0.6 code, because it contains lots of improvements (above all, BIP 65 which would allow us to add SLM to BarterDEX) and is compatible with modern library versions.

It maybe won't be very easy, because of the new code structure, new database version etc.

For those that don't know, gjhiggins already had started to port it:

https://github.com/gjhiggins/slimcoin-0.6

I have not so much time for SLM-related development work in the coming 2-3 weeks, but from April on, I can look if I can help with porting the code.

muf18
Sr. Member
****
Offline Offline

Activity: 854
Merit: 310


View Profile
March 17, 2018, 08:06:40 PM
 #2077

Btw. where is Graham?

I didn't see him for a longer time, also we don't know how is going with ACME, I thought about helping with Kilari, but we don't know what to do for now.
bobitza202
Sr. Member
****
Offline Offline

Activity: 507
Merit: 253



View Profile
March 18, 2018, 11:20:06 PM
 #2078

New information from Novaexchange:

"By 2018-04-12 Nova Exchange will be transferred to new ownership and to be able to continue trading we need you to accept the new terms of service, please read carefully: the Nova Exchange new terms of service.
 All you need to do to keep using Nova, right now, and later on, is to log in and approve the updated Terms of Service"

Waiting with interest for now  Smiley

muf18
Sr. Member
****
Offline Offline

Activity: 854
Merit: 310


View Profile
March 18, 2018, 11:32:00 PM
 #2079

Yeah, but if they have money and new partner, they should really update this old interface, it was 5 months since closure, adding tradingview charts would help a lot.
And surely would make it more popular.
There is now a lot of competition like not only cryptopia, but kucoin, bibox and others.
Novaexchange will have a hard time to compete with it.
avariahb
Full Member
***
Offline Offline

Activity: 174
Merit: 100



View Profile WWW
March 20, 2018, 08:45:26 PM
 #2080

To newbies: The Slimweb tools I mentioned provide a "structured data" version of the blockchain in RDF which can be used as a block explorer and point to torrent hashes of websites, which form a decentralized WWW alternative.


I'm looking forward for a friendly use for beginner.

I've been using slimcoin for 2 months and I find like other people that POS at 10% is too much.
With compound interest, I feel I will earn more in the long run with the POS than burning SLMs.  
With a POS < 5% POB will have more interest.

Pages: « 1 ... 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 [104] 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!