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Author Topic: Slimcoin | First Proof of Burn currency | Decentralized Web  (Read 136723 times)
muf18
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May 21, 2017, 06:02:17 PM
 #581

When compiling inscriptiontablemodel.cpp, make complains about setSecsSinceEpoch not being supported.

Ah, mea culpa. I should have realised the need for a backward-compatible solution. I'll commit a fix later this evening.
Thank you for the fix - that was really fast! The client now compiles fine (for any other person having this problem: just update the "master" branch, now it should work with Qt 5.2+). It seems to work well. These days I'll play around a bit with it, to check syncing on different machines and try out the "Inscription service" on the Testnet, and maybe ask you some questions about it.

I'm having little problem with synchronzing my wallet - it stopped at somepoint and didn't count more nodes...

Which wallet version do you use? Linux, Windows, Mac Os? 0.3, 0.4 or 0.5?

The sync problem (above all on Linux) is already known but has improved greatly  with the later clients. It should sync eventually if you are not on a fork. Maybe you just should delete your blockchain data (blk0001.dat, blkindex.dat, addr.dat and the database folder - of course first you should backup your wallet (wallet.dat) if you have coins in it) and start the client again.

Quote

I can help with some marketing or promotion if someone would like too, maybe reddit threat restoring?

Stay tuned, I want to do some polishing of the subreddit and maybe I can add you as a moderator.

I'm using 0.5 wallet on Windows 7 X64 it gives me error of loading blkindex.dat.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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May 22, 2017, 10:13:41 AM
 #582

I'm using 0.5 wallet on Windows 7 X64 it gives me error of loading blkindex.dat.

Move your wallet safely out of your datadir then delete the contents of that folder. Resynch from scratch, wait until synced, stop client. Copy old wallet back into datadir, restart client.

No, it's not specific to Slimcoin, here's a not-too-dissimilar report from Sterlingcoin:

Just opened the wallet again. It went up to 8 connections for a while and now it's down to 2 only. I'm also staking.
I suspect the other 6 nodes disconnected from you, perhaps for your wallet "misbehaving". This could be from your copy of the blockchain being in an unintentional fork or trying to submit incorrect block height PoS blocks. The new snapshot will solve this, http://Sterlingcoin.org/SterlingcoinSnapshotAt746004.zip (~500 MB)

In the future, you may find it helpful to only enable staking after your wallet is fully synced. You can disable staking by leaving the wallet locked or using "staking=0" in your sterlingcoin.conf file.

You can disable staking in Slimcoin by setting reservebalance=0 in your slimcoin.conf file or as a command line option.

At present you cannot disable mint-by-proof-of-burn in Slimcoin which in all probability is having the same effect on syncing as does enabling mint-by-proof-of-stake, i.e. causing the client to generate a unique-to-it stake/burn block in mid-synch which then results in the client starting its own private fork and failing to sync further, so ...

Move your wallet safely out of your datadir then delete the contents if the folder. Resynch from scratch, wait until synced, stop client. Copy old wallet back into datadir, restart client.

Good luck in your mission Jim, should you choose to accept it.

Cheers

Graham

P.S. Yes, it would be useful if Slimcoin had a nice, fresh convenient bootstrap.dat for people to download. I have added a dumpbootstrap routine that I filched from CLAM:

https://github.com/slimcoin-project/Slimcoin/commit/c7adc1f652f7f8831c6373da48b68b77765a7b82

(I was quite pleased with myself until I discovered that the Windows client, rather predictably and somewhat infuriatingly, just ignores the generated bootstrap.dat file. Ho hum, more work to do.)



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May 22, 2017, 11:31:19 AM
Last edit: May 22, 2017, 12:15:13 PM by gjhiggins
 #583

I'll commit a fix later this evening.

An anticipated fix has been committed to master.

It compiles for me with Qt 5.8 but that doesn't exercise the problem - however the Travis CI build uses Qt 5.5.1 and the CI build succeeded, so I'm cautiously hopeful. <- written earlier, looks like we now have a fix.

With respect to inscriptions, this is work-in-progress, an ongoing experiment, a step into the dark ...

There's a design flaw in the Inscription GUI in that it sends the tx to the wallet's default address and the listing (atm) is of the inscriptions associated with the address of the default account. I haven't yet fully worked through the implications but even if it could be configured to trawl the blockchain for inscription tx to an arbitrary Slimcoin address, I've already lost touch with which address my inscriptions are tied to. The UI for addresses is pretty naff, there's little to distinguish one random string of base58 chars beginning with S from another.

There's a couple of ways to get a separate, more user-friendly handle on a Slimcoin address. You can either implant semantics into the address by using a customised vanity address as a publishing address or in the passphrase by using a “mnemonic”-style value.

Slimcoin can import xkcd-style “mnemonic” passphrases via the importpassphrase facility:

Code:
importpassphrase "collect house buttery stable"
{
"Secret" : "cRm57kUw7B9UKpYheJYAJJA8Apq388ynVfkrL3f8FktfJxN6pLQS",
"Address" : "mwHuDZ7Y7JJnjhGgaaW1xWcpapEf9KcBGq",
"Hash" : "6348f9f61cf9fa984cc36be39bf736011db7e57381484d5b7dad2ba1bf33af7c",
"Phrase" : "collect house buttery stable",
"Length" : 28
}

Try it at home (on testnet), you should get the exact above output from the exact above input - i.e. as deterministic as it gets with Slimcoin.

There is a built-in customised key generator in the RPC command set: makekeypair and it only needed a little tweaking to turn it into a minimalist customised address generator (output linebreaks added by hand):

Code:
makekeypair

{
"private key: " : "3081d30201010420537b8eb800e4676227f4c493f4723b2a5b1139865607624f33b
01b00ce5ea670a08185308182020101302c06072a8648ce3d0101022100fffffffffffffffffffffffffff
ffffffffffffffffffffffffffffefffffc2f300604010004010704210279be667ef9dcbbac55a06295ce8
70b07029bfcdb2dce28d959f2815b16f81798022100fffffffffffffffffffffffffffffffebaaedce6af4
8a03bbfd25e8cd0364141020101a1240322000301e1974220afd7fe09613cbee87dee86c9da7b89cf34e79
e7b946e4bb9b220d7",
"secret (hex): " : "f02300dc1f7f0000c62400dc1f7f0000c62400dc1f7f00000000000000000000",
"secret (base58): " : "VPoEHH5S1iS2ct19wmnitHMdpZqD5zJ7qFgSkZ7SWLoWbFUcoJvc",
"pubkey (hex): " : "02b11385adec2ea3c12bb6d37923bb4282ea55e54ff78e5d7f94988f2719a5b520",
"address (base58): " : "SXxxFHq78iUiDBnFqMABeWt6tTsxMR4QTo"
}

This is quite nice for ad hoc key generation, not so nice for computing customised addresses because all the hashing has to be performed in the confines of a single thread - the one in which the client is running. If you're going to use it for address generation, keep it to 2 (Sx) or 3 (Sxx) characters.

NB, I'm still negative towards using “vanity addresses” for receiving payments because using them for that purpose introduces a known error, that of (inevitably) mistaking SGHigginsXsomerandomstring for SGJHigginsXotherrandomchars (or near offer). However, customised addresses are intended be used only informally, i.e. to act as publishable inscription addresses.

Suppose I'm publishing a blog via sending inscriptions to my advertised Slimcoin publishing address, with each inscription showing a torrent hash that identifies a specific torrent-published post, e.g https://www.torrentzengine.top/8DD2669BF1FB6B0D6B069A428A719FD43E32CDA9

If you think that the posts linked to by my inscriptions are worth keeping abreast of, then at some point in the future, you'll be able to add my Slimcoin publishing address to the your whitelist of information resources published on the Slimcoin blockchain. It's all metadata ofc, that's all that there's space for in an OP_RETURN (in a sane world, at least). A truly forward-looking organisation would sort itself out a communally-owned torrent publishing resource that club members could use to store the content of their posts rather than having to rely on an informal and unreliable network of personal tit-for-tat reciprocal torrent hosting. Not that the latter approach is either exclusive or infeasible, it just requires more dedication and more work at the individual level before such a service can be used - i.e. it presents a barrier to incomers.

I use my experience of being a member of my local dinghy sailing club (BCYC) to inform me of how a persistent (since the 1930's) informal social group can successfully manage communally-owned resources for the simultaneous benefit of multiple stakeholders with disparate interests that sometimes conflict.

Aaaanyway, back to the plot. So, I dusted down Spreadcoin's old “vanity address” generator tab (which usefully uses the same pubkey and privkey prefixes, 63, i.e. S and 63+128 respectively) and, in a separate (not yet committed) branch, added it to Slimcoin.

It works pretty much as advertised and it's less cryptically minimalist in that it helpfully lets you know which of the base58 characters are permissible to use in your customised address and it performs the hash work in a different thread (or three or four or whatever). And it does have extra whistles and bells. And it generates customised addresses.

Unfortunately, importing the reported privkey for the generated address SMYCUSTOMISATIONblahblahblah results in an entirely different address showing in the wallet. Ho hum, more work required. Stay tuned.

Cheers

Graham
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May 22, 2017, 04:50:43 PM
 #584

Latest blockchain

https://mega.nz/#!Ow9jTJQS!myFLB_H3kZ15-Tk9WzzxknB8S-26jwiZIYG4RilCWHE  windows client
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May 22, 2017, 08:54:21 PM
 #585

An anticipated fix has been committed to master.

[..] written earlier, looks like we now have a fix.

Yep, that's fixed, thanks! Now I get some boost error in Linux when burning coins on the testnet (the Windows / Wine client and the slimcoind daemon are not affected.) I'll look if I can solve it myself as I think it is related to my old Boost version, otherwise I will come back with it here.

I've finally found some time to try out the Web2web technology. It looks awesome as it's really a KISS solution (Zeronet may have more features, but having to run a non-standard program for it is a great barrier for new users).

You intention with the Inscription Service is to provide an easy method to pass magnet links to the blockchain that then could be used for Web2Web-style decentralized published sites, is this correct?

I've examined the Web2Web code (it's so short that even a noob like me can understand it) and it seems to use a block explorer to track modifications/versions of the "decentrally published" web site. I consider that the only weak point of the whole concept (as it could introduce a "single point of failure"), but it's probably unavoidable because otherwise we would have to provide at least a very simple javascript-based SPV client (?) to access to the blockchain data. An option to change the block explorer should be OK.

Anyway, looks like an awesome addition to Slimcoin.

Quote
There's a design flaw in the Inscription GUI in that it sends the tx to the wallet's default address and the listing (atm) is of the inscriptions associated with the address of the default account.[...]

OK, I will take this into account or wait a bit then with the inscription service tests.

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Sorai
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May 23, 2017, 12:41:16 PM
Last edit: May 23, 2017, 01:02:57 PM by Sorai
 #586

I understand there are 14 M Slimcoins today.  On the old Coin Marketcap page, it shows there having been only 2.8 M (appears to have last been updated April 2015).  What puzzles me is why the inflation rate would appear to have been quite high during these past 2 years in a currency that's designed to destroy its own coins.  I would have thought the number of coins might have remained steady or even declined.  

Would problems with the burn mechanism account for the high coin output during the initial period? Might we anticipate a similar rate of inflation going forward?  

Do we know the total number of coins burned so far? 
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May 23, 2017, 03:07:19 PM
 #587

Do we know the total number of coins burned so far? 

Type getburndata in console and you will see
PeterTheGrape
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May 23, 2017, 04:21:54 PM
 #588

I understand there are 14 M Slimcoins today.  On the old Coin Marketcap page, it shows there having been only 2.8 M (appears to have last been updated April 2015).  What puzzles me is why the inflation rate would appear to have been quite high during these past 2 years in a currency that's designed to destroy its own coins.  I would have thought the number of coins might have remained steady or even declined.  

Would problems with the burn mechanism account for the high coin output during the initial period? Might we anticipate a similar rate of inflation going forward?  

Do we know the total number of coins burned so far?  

Launch May 17, 2014, 11:33:29 PM
jun, jul, aug
block 100k September 19, 2014, 8:31 am
oct, nov, dec
block 200k January 2, 2015, 12:30 am
feb, mar
block 300k April 16, 2015, 10:45 pm   Last update on cmc 2,823,974 SLM
may, jun
block 400k July 27, 2015, 12:23 pm
aug, sept, oct
block 500k November 9, 2015, 1:49 pm
dec, jan, feb
block 600k March 2, 2016, 9:00 pm
apr, may
block 700k June 17, 2016, 12:51 pm
jul, aug, sept
block 800k October 15, 2016, 3:34 am
nov, dec, jan
block 900k February 13, 2017, 9:03 pm

current block 994188
current number of coins 13,933,100 SLM

Burned Coins 1,122,621 SLM
http://www.slimcoin.club/#blkexp

Original thread https://bitcointalk.org/index.php?topic=613213.0

Quote
Specifications

    Uses Dcrypt algorithm, an algorithm made to be difficult to implement on an ASIC.
                  This is done so that by the time any ASICs are made, Proof-of-Burn hash became bigger than Proof-of-Work
    Tri-Hybrid Blocks: Proof-of-Burn blocks, Proof-of-Stake blocks, Proof-of-Work blocks
    Block time is 1.5 minutes (90 seconds)
    Difficulty re-targets continuously
    Block Rewards:
        Proof-of-Burn blocks: max 250 coins
        Proof-of-Work blocks: max 50 coins
    Block rewards decrease in value as the difficulty increases
    Total 250 million coins


d5000
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May 23, 2017, 07:39:32 PM
 #589

Do we know the total number of coins burned so far? 

Type getburndata in console and you will see

No, getburndata shows the burnt coins that are actually actively minting.

The total burnt coins is the balance of the burn address SfSLMCoinMainNetworkBurnAddr1DeTK5 (roughly 1,9 million).

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muf18
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May 23, 2017, 08:01:27 PM
 #590

Do we know the total number of coins burned so far? 

Type getburndata in console and you will see

No, getburndata shows the burnt coins that are actually actively minting.

The total burnt coins is the balance of the burn address SfSLMCoinMainNetworkBurnAddr1DeTK5 (roughly 1,9 million).

I still have some problems with wallet, I PM you.
250M of total supply, I didn't expect that... Is it going to be in these century ? Nice inflation...
I thought 14-30M would be max for some time.
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May 23, 2017, 09:21:54 PM
 #591

...

...
250M of total supply, I didn't expect that... Is it going to be in these century ? Nice inflation...
I thought 14-30M would be max for some time.

It is the opposite of pumpndump. So many coins have a quick pow that emits all the coins to a few people, then those few people are set. This is probably the best long term distribution, if I am understanding it correctly. The only negative I am aware of is that there are some large wallets, as with any coin. There are actually some coins with a few week pow cycle that emits all the initial coins.
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May 23, 2017, 10:15:37 PM
 #592

I still have some problems with wallet, I PM you.
Answered Smiley

Quote
250M of total supply, I didn't expect that... Is it going to be in these century ? Nice inflation...
I thought 14-30M would be max for some time.

250 million is a hard coded value that will probably never be reached. It seems that it is mandatory to include a "maximal coin supply" value in Bitcoin-based coins.

The real supply of Slimcoin depends largely on the PoW difficulty, as already said. The higher the difficulty, the lower the block rewards.

If the difficulty stays as low as now, then the supply will increase by approximately 5 million coins per year (less if there are more PoS blocks), so in theory the 250 million could be reached in 50 years Wink .

But first, technological progress (Moore's Law) will increase difficulty in the medium and long run almost automatically, as difficulty depends on hashrate and the hashrate/second of modern CPU/GPUs is constantly increasing. And second, if Slimcoin is successful, difficulty will rise to much higher values than now.

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May 24, 2017, 07:27:21 PM
 #593

Hi. Can someone help me with configurating slimcoin mining on GPU program? I couldn't get it to work, and I don't know if I do things right, I'm currently beginner in some programming, but these I can't get to work properly.
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May 24, 2017, 09:56:03 PM
 #594

I saw a post on another topic (from d5000) about Slimcoin "Once the client is well tested, there surely will be more marketing activity".Would that include updating info on coinmarketcap, and finding other exchanges (cryptopia, bittrex, livecoin)? Grin
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May 25, 2017, 12:47:17 AM
 #595

I saw a post on another topic (from d5000) about Slimcoin "Once the client is well tested, there surely will be more marketing activity".Would that include updating info on coinmarketcap, and finding other exchanges (cryptopia, bittrex, livecoin)? Grin

The CMC page is updated https://coinmarketcap.com/currencies/slimcoin more or less but has "Huh??" until they get some data on trades from Nova.

Regarding "marketing", so many good coins have been polluted with spaminess. This looks like a good coin. Getting more exchanges is a great idea, in my opinion, but as somebody who own a little slimcoin that I just bought on Nova, I vote against any marketing of any kind. Give it the slogan "The only coin left without a spammy signature campaign or paid trolls".  Cheesy
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May 25, 2017, 09:08:50 AM
 #596


Regarding "marketing", so many good coins have been polluted with spaminess. This looks like a good coin. Getting more exchanges is a great idea, in my opinion, but as somebody who own a little slimcoin that I just bought on Nova, I vote against any marketing of any kind.

I hope this doesn't qualify as spam Smiley

https://steemit.com/news/@dragosroua/slimcoin-officially-listed-at-coinmarketcap

I wrote a few more articles about slimcoin on Steemit during the last couple of months. It's the least I can do.
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May 25, 2017, 09:11:08 AM
 #597

I made this
https://twitter.com/slimcoin_club
Will post some news regularly and updates on coin.
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May 25, 2017, 01:47:57 PM
 #598

I saw a post on another topic (from d5000) about Slimcoin "Once the client is well tested, there surely will be more marketing activity".Would that include updating info on coinmarketcap, and finding other exchanges (cryptopia, bittrex, livecoin)? Grin

The CMC page is updated https://coinmarketcap.com/currencies/slimcoin more or less but has "Huh??" until they get some data on trades from Nova.



Website looks great Grin

Small mention : announcement link on CMC goes to the old Slimcoin Thread, should be changed to the new thread https://bitcointalk.org/index.php?topic=1141676.0  
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May 25, 2017, 03:36:08 PM
 #599


Regarding "marketing", so many good coins have been polluted with spaminess. This looks like a good coin. Getting more exchanges is a great idea, in my opinion, but as somebody who own a little slimcoin that I just bought on Nova, I vote against any marketing of any kind.

I hope this doesn't qualify as spam Smiley

https://steemit.com/news/@dragosroua/slimcoin-officially-listed-at-coinmarketcap

I wrote a few more articles about slimcoin on Steemit during the last couple of months. It's the least I can do.

spam = signature campaign, paying people to pump, etc  Grin

There are a few coins that are clean like this, no premine, ico etc, and which some people who are more comfortable with technical things support. I don't understand the proof of burn and other things, and not really interested in technical stuff too much, but the simple fact that people smarter than me are enthused about something and discuss it out of interest makes me support the coin. Quite a few old coins, monero comes to mind as the worst, were built on massive spam campaigns along with harassing other threads etc. Slim has class.
d5000
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May 25, 2017, 04:17:51 PM
 #600


I saw a post on another topic (from d5000) about Slimcoin "Once the client is well tested, there surely will be more marketing activity".Would that include updating info on coinmarketcap, and finding other exchanges (cryptopia, bittrex, livecoin)? Grin

Sure. My current activity is the project website https://slimcoin-project.github.io (mainly because http://slimcoin.club is not often updated). It's under construction and very ugly but a bit of basic information is already available there, in some weeks I hope I get an attractive website.

The CMC page is updated https://coinmarketcap.com/currencies/slimcoin more or less but has "Huh??" until they get some data on trades from Nova.

Good news, thanks! I'll observe if they get the supply right and if not, I'll message them again about the particularness of the "burned coins" and about the "old announcement thread" problem.

Quote
Regarding "marketing", so many good coins have been polluted with spaminess. This looks like a good coin. Getting more exchanges is a great idea, in my opinion, but as somebody who own a little slimcoin that I just bought on Nova, I vote against any marketing of any kind. Give it the slogan "The only coin left without a spammy signature campaign or paid trolls".  Cheesy

I fully agree. "Marketing" in the sense of spam is not desired by me, I think Graham also would second this if I got his comments right. But a little bit more information about the coin is not bad Smiley

Thank you - this is the kind of marketing we need Smiley

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