fartbags
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September 13, 2015, 09:43:53 PM |
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I like the idea because I'm a developer. Devs need money, miners need money. Why not go 50/50 split?
It's fine that devs need money. However, at this moment premine is >90%. I actually have no idea how much the premine is. I doubt it's 90%.
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8-bit-Party
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8b 16b DEMOSCENE FTW
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September 13, 2015, 09:52:07 PM |
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I like the idea because I'm a developer. Devs need money, miners need money. Why not go 50/50 split?
It's fine that devs need money. However, at this moment premine is >90%. I actually have no idea how much the premine is. I doubt it's 90%. Block Reward: 8 Gas Limit: 31415926 Block Target: 60 seconds Listen Port: 60606 RPC Port: 9659 Reserve: 11 Million (Community Managed) Premine: 11M after 1st day: 11M + 8 * 60 * 24 = 11M + 11520, premine is 99.9% after 1st week: 11M + 8 * 60 * 24 * 7 = 11M + 80640, premine is 99.3% after 1st month: 11M + 8 * 60 * 24 * 30.5 = 11M + 351360, premine is 96.8% after 1st quarter: 11M + 8 * 60 * 24 * 30.5 * 3 = 11M + 1054080, premine is 90.4% after 1st year: 11M + 8 * 60 * 24 * 365 = 11M + 4204800, premine is 61.8% Call it however you want.
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8-BIT PARTY 16-BIT PARTY DEMOSCENE FTW
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fartbags
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September 13, 2015, 09:59:32 PM |
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I like the idea because I'm a developer. Devs need money, miners need money. Why not go 50/50 split?
It's fine that devs need money. However, at this moment premine is >90%. I actually have no idea how much the premine is. I doubt it's 90%. Block Reward: 8 Gas Limit: 31415926 Block Target: 60 seconds Listen Port: 60606 RPC Port: 9659 Reserve: 11 Million (Community Managed) Premine: 11M after 1st day: 11M + 8 * 60 * 24 = 11M + 11520, premine is 99.9% after 1st week: 11M + 8 * 60 * 24 * 7 = 11M + 80640, premine is 99.3% after 1st month: 11M + 8 * 60 * 24 * 30.5 = 11M + 351360, premine is 96.8% after 1st quarter: 11M + 8 * 60 * 24 * 30.5 * 3 = 11M + 1054080, premine is 90.4% after 1st year: 11M + 8 * 60 * 24 * 365 = 11M + 4204800, premine is 61.8% Call it however you want. That seems a bit excessive. Especially if Ethereum clones go PoS with minimal new coin generation in less than a year from today. Using this distribution method, this coin may end up being DApp heavy. DAPp are probably the most important thing. More important than miners, especially once it goes PoS. I have no idea which distribution method is the best so I'm going to support this coin. I will mine it, buy it and hopefully develop a DApp for it.
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8-bit-Party
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8b 16b DEMOSCENE FTW
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September 13, 2015, 10:02:37 PM |
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We talk about different things. Premine is one thing. PoS is second thing. Dapps are yet another thing.
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8-BIT PARTY 16-BIT PARTY DEMOSCENE FTW
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jjjordan
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September 13, 2015, 10:03:55 PM |
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So if i mine this it will auto switch genesis when launch?
How the heck did you come up with this?! They said earlier another genesis block will need to be imported. how is this done? Don't take what I say for granted, but after release they will provide new genesis. You import it with: gexp.exe --genesis genesis.json (genesis.json being the genesis file) Personally I will completely delete %userprofile%\Appdata\Roaming\Expanse folder (it is usually c:\users\YOURUSERPROFILE\Appdata\Roaming\Expanse) regardless if they put it in the instructions or not - that will require creating a new EXP address. Actually I think a new required anyway (I highly doubt if you can use a testnet address in the main network)
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defaced (OP)
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Franko is Freedom
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September 13, 2015, 10:07:29 PM |
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I like the idea because I'm a developer. Devs need money, miners need money. Why not go 50/50 split?
It's fine that devs need money. However, at this moment premine is >90%. I actually have no idea how much the premine is. I doubt it's 90%. Block Reward: 8 Gas Limit: 31415926 Block Target: 60 seconds Listen Port: 60606 RPC Port: 9659 Reserve: 11 Million (Community Managed) Premine: 11M after 1st day: 11M + 8 * 60 * 24 = 11M + 11520, premine is 99.9% after 1st week: 11M + 8 * 60 * 24 * 7 = 11M + 80640, premine is 99.3% after 1st month: 11M + 8 * 60 * 24 * 30.5 = 11M + 351360, premine is 96.8% after 1st quarter: 11M + 8 * 60 * 24 * 30.5 * 3 = 11M + 1054080, premine is 90.4% after 1st year: 11M + 8 * 60 * 24 * 365 = 11M + 4204800, premine is 61.8% Call it however you want. Nice maths! Except you conviently left out the entire DAO that house those figures. 11m is the initial reserve ---------------------- 10m goes into a ternary community DAO contract (where no central authority can spend them) 1m goes into a multisig founder/developer DAO that is slowly released over time 100k is awarded to developers up front for their initial contributions. 100k of 10m == 0.9090909090909091% I look forward to your next post.
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MakingBubbles
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Tiny BUBBLES
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September 13, 2015, 10:08:16 PM |
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Do not create a war between SHF and EXP
It will just make both look bad.
Promote these first two coins as the best Ethereum clones.
The most likely scenario is both go up, or both go down. It's highly unlikely that 1 will do substantially better based on people putting down the other coins. Do not make this a competition. Anyone who has cloned ethereum already clearly has skills.
I would like to see the scenario where everyone is positive and both ethereum clones becomes really big.
+100K
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*Link Removed*
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GoldTiger69
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September 13, 2015, 10:12:43 PM |
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Do we start ethminer.exe while step 3 is running?
yes I don't see it mining, I type miner.start() and it said "true"?
The console output is redirected to exp.log (see bat-file). Besides you can check the hashrate (miner.hashrate). For all this you don't need the ethminer. If you want to mine with ethminer, stop cpu mining (miner.stop()). Call (for GPU-Mining): ethminer -G -F http://127.0.0.1:9656thank you for being helpful I think the rpcport is 9659
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defaced (OP)
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Franko is Freedom
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September 13, 2015, 10:13:10 PM |
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Do we start ethminer.exe while step 3 is running?
yes I don't see it mining, I type miner.start() and it said "true"?
The console output is redirected to exp.log (see bat-file). Besides you can check the hashrate (miner.hashrate). For all this you don't need the ethminer. If you want to mine with ethminer, stop cpu mining (miner.stop()). Call (for GPU-Mining): ethminer -G -F http://127.0.0.1:9656thank you for being helpful I think the rpcport is 9659 its 9656
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fartbags
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September 13, 2015, 10:15:14 PM |
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are we less than 2 hours away from mining launch?
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defaced (OP)
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Franko is Freedom
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September 13, 2015, 10:17:26 PM |
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are we less than 2 hours away from mining launch?
yes
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8-bit-Party
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8b 16b DEMOSCENE FTW
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September 13, 2015, 10:17:39 PM |
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11m is the initial reserve ---------------------- 10m goes into a ternary community DAO contract (where no central authority can spend them)
Again, PROOF please how you gonna guarantee it. Don't tell me devs are well known, because I don't say they are scammers. Also you shares in community will base on funds held Basically devs will hold most of supply for many months So no matter how you call it, devs will control 90% supply for many months
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8-BIT PARTY 16-BIT PARTY DEMOSCENE FTW
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GoldTiger69
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September 13, 2015, 10:19:02 PM |
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Do we start ethminer.exe while step 3 is running?
yes I don't see it mining, I type miner.start() and it said "true"?
The console output is redirected to exp.log (see bat-file). Besides you can check the hashrate (miner.hashrate). For all this you don't need the ethminer. If you want to mine with ethminer, stop cpu mining (miner.stop()). Call (for GPU-Mining): ethminer -G -F http://127.0.0.1:9656thank you for being helpful I think the rpcport is 9659 its 9656 Yes, it is!, but then the OP is wrong, it says 9659
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defaced (OP)
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Franko is Freedom
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September 13, 2015, 10:21:04 PM |
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11m is the initial reserve ---------------------- 10m goes into a ternary community DAO contract (where no central authority can spend them)
Again, PROOF please how you gonna guarantee it. Don't tell me devs are well known, because I don't say they are scammers. Also you shares in community will base on funds held Basically devs will hold most of supply for many months So no matter how you call it, devs will control 90% supply for many months How exactly do you want proof again?
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defaced (OP)
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Franko is Freedom
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September 13, 2015, 10:24:20 PM |
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An example of a DAO contract contract token { mapping (address => uint) public coinBalanceOf; function token() { } function sendCoin(address receiver, uint amount) returns(bool sufficient) { } }
contract Democracy {
uint public minimumQuorum; uint public debatingPeriod; token public voterShare; address public founder; Proposal[] public proposals; uint public numProposals;
event ProposalAdded(uint proposalID, address recipient, uint amount, bytes32 data, string description); event Voted(uint proposalID, int position, address voter); event ProposalTallied(uint proposalID, int result, uint quorum, bool active);
struct Proposal { address recipient; uint amount; bytes32 data; string description; uint creationDate; bool active; Vote[] votes; mapping (address => bool) voted; }
struct Vote { int position; address voter; }
function Democracy(token _voterShareAddress, uint _minimumQuorum, uint _debatingPeriod) { founder = msg.sender; voterShare = token(_voterShareAddress); minimumQuorum = _minimumQuorum || 10; debatingPeriod = _debatingPeriod * 1 minutes || 30 days; }
function newProposal(address _recipient, uint _amount, bytes32 _data, string _description) returns (uint proposalID) { if (voterShare.coinBalanceOf(msg.sender)>0) { proposalID = proposals.length++; Proposal p = proposals[proposalID]; p.recipient = _recipient; p.amount = _amount; p.data = _data; p.description = _description; p.creationDate = now; p.active = true; ProposalAdded(proposalID, _recipient, _amount, _data, _description); numProposals = proposalID+1; } }
function vote(uint _proposalID, int _position) returns (uint voteID){ if (voterShare.coinBalanceOf(msg.sender)>0 && (_position >= -1 || _position <= 1 )) { Proposal p = proposals[_proposalID]; if (p.voted[msg.sender] == true) return; voteID = p.votes.length++; p.votes[voteID] = Vote({position: _position, voter: msg.sender}); p.voted[msg.sender] = true; Voted(_proposalID, _position, msg.sender); } }
function executeProposal(uint _proposalID) returns (int result) { Proposal p = proposals[_proposalID]; /* Check if debating period is over */ if (now > (p.creationDate + debatingPeriod) && p.active){ uint quorum = 0; /* tally the votes */ for (uint i = 0; i < p.votes.length; ++i) { Vote v = p.votes[i]; uint voteWeight = voterShare.coinBalanceOf(v.voter); quorum += voteWeight; result += int(voteWeight) * v.position; } /* execute result */ if (quorum > minimumQuorum && result > 0 ) { p.recipient.call.value(p.amount)(p.data); p.active = false; } else if (quorum > minimumQuorum && result < 0) { p.active = false; } ProposalTallied(_proposalID, result, quorum, p.active); } } }
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fartbags
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September 13, 2015, 10:31:08 PM |
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An example of a DAO contract contract token { mapping (address => uint) public coinBalanceOf; function token() { } function sendCoin(address receiver, uint amount) returns(bool sufficient) { } }
contract Democracy {
uint public minimumQuorum; uint public debatingPeriod; token public voterShare; address public founder; Proposal[] public proposals; uint public numProposals;
event ProposalAdded(uint proposalID, address recipient, uint amount, bytes32 data, string description); event Voted(uint proposalID, int position, address voter); event ProposalTallied(uint proposalID, int result, uint quorum, bool active);
struct Proposal { address recipient; uint amount; bytes32 data; string description; uint creationDate; bool active; Vote[] votes; mapping (address => bool) voted; }
struct Vote { int position; address voter; }
function Democracy(token _voterShareAddress, uint _minimumQuorum, uint _debatingPeriod) { founder = msg.sender; voterShare = token(_voterShareAddress); minimumQuorum = _minimumQuorum || 10; debatingPeriod = _debatingPeriod * 1 minutes || 30 days; }
function newProposal(address _recipient, uint _amount, bytes32 _data, string _description) returns (uint proposalID) { if (voterShare.coinBalanceOf(msg.sender)>0) { proposalID = proposals.length++; Proposal p = proposals[proposalID]; p.recipient = _recipient; p.amount = _amount; p.data = _data; p.description = _description; p.creationDate = now; p.active = true; ProposalAdded(proposalID, _recipient, _amount, _data, _description); numProposals = proposalID+1; } }
function vote(uint _proposalID, int _position) returns (uint voteID){ if (voterShare.coinBalanceOf(msg.sender)>0 && (_position >= -1 || _position <= 1 )) { Proposal p = proposals[_proposalID]; if (p.voted[msg.sender] == true) return; voteID = p.votes.length++; p.votes[voteID] = Vote({position: _position, voter: msg.sender}); p.voted[msg.sender] = true; Voted(_proposalID, _position, msg.sender); } }
function executeProposal(uint _proposalID) returns (int result) { Proposal p = proposals[_proposalID]; /* Check if debating period is over */ if (now > (p.creationDate + debatingPeriod) && p.active){ uint quorum = 0; /* tally the votes */ for (uint i = 0; i < p.votes.length; ++i) { Vote v = p.votes[i]; uint voteWeight = voterShare.coinBalanceOf(v.voter); quorum += voteWeight; result += int(voteWeight) * v.position; } /* execute result */ if (quorum > minimumQuorum && result > 0 ) { p.recipient.call.value(p.amount)(p.data); p.active = false; } else if (quorum > minimumQuorum && result < 0) { p.active = false; } ProposalTallied(_proposalID, result, quorum, p.active); } } }
Great job with creating this Democracy contract.
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CryptoBeef
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September 13, 2015, 10:34:13 PM |
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My body is ready !!
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8-bit-Party
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8b 16b DEMOSCENE FTW
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September 13, 2015, 10:42:14 PM |
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...
First of all, seems like you don't understand that I am programmer. Second, this contract proofs nothing. Third, devs will control most of supply for many months therefore whole premine will be under their control. Basically TECHNICALLY IT'S NOT POSSIBLE AT THIS MOMENT TO ACHIEVE GUARANTED COMMUNITY RESERVE YOU CLAIM TO CREATE.
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8-BIT PARTY 16-BIT PARTY DEMOSCENE FTW
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altcoinex
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September 13, 2015, 10:45:37 PM |
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does CPU mining make sense with EXP?
If you only own a CPU then it of course makes sense. OCminer released the MPOS open source Ethereum mining pool code. Where are all the pools? Remember back in the day when there was like 10 pools before launch set up... and then remember when half of them were scams and stole your coins. LOL He posted it on the last page: https://exp.suprnova.ccAMAZING! Is there a windows 10 64-bit miner available for dagger-hashimoto algorithm yet? 64bit ethminer runs on windows 10. The one provided here for exp
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defaced (OP)
Legendary
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Franko is Freedom
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September 13, 2015, 10:49:25 PM |
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...
First of all, seems like you don't understand that I am programmer. Second, this contract proofs nothing. Third, devs will control most of supply for many months therefore whole premine will be under their control. Basically TECHNICALLY IT'S NOT POSSIBLE AT THIS MOMENT TO ACHIEVE GUARANTED COMMUNITY RESERVE YOU CLAIM TO CREATE.First of all, seems like you don't understand that I am a programmer. Second, if this contract doesnt prove anything to you then you are just begging the question and no proof will satisfy you. Third, the contract that holds the dev funds cant vote. O_O, so you are only partially correct.. For 11 days lol we will have the majority vote with our initial release of funds. If you feel like I *cant* have enough proof for you then now is a good time for you to move on to something else. Since you are a programmer, start your own fork that embodies your desires.
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