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Author Topic: [ANN]Joincoin (J) ToR Anonymous All Algorithm mining! NEW THREAD  (Read 27423 times)
bathrobehero
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November 17, 2016, 02:24:31 PM
 #101

Block reward is now 0 + fees.

So mining is essentially done, which is a shame for such a unique coin.

RIP Bittrex
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November 17, 2016, 03:14:20 PM
 #102

Hi,

Since there is no reward for miners, we've dropped J from the miners multipool: www.zpool.ca

Cheers

DOGEbubble
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November 17, 2016, 04:58:36 PM
 #103

Block reward is now 0 + fees.

So mining is essentially done, which is a shame for such a unique coin.

The CryptoID explorer did not seem to get the right count. I though it would take about one month to complete the total supply of 2.8 million Joincoin.

Before anything else, We have to rely only on transaction fee from mining.  Smiley

Coming soon mobile app BalloonaFide Free CoinoCoin & Joincoin Anywhere  Coino  CNO   PoS+PoW/x11  [ FORUM ] [ FAUCET ] [ Trading : NOVA | Cryptopia ]  Joincoin (J) [FORUM][FAUCET][Trading: NOVA|TradeSatoshi]   ToR Anonymous All Algorithm mining
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November 17, 2016, 05:11:07 PM
 #104

Block reward is now 0 + fees.

So mining is essentially done, which is a shame for such a unique coin.

The CryptoID explorer did not seem to get the right count. I though it would take about one month to complete the total supply of 2.8 million Joincoin.

Before anything else, We have to rely only on transaction fee from mining.  Smiley

gettxoutsetinfo

{
"height" : 626825,
"bestblock" : "5eb3adec7772b6f067769bf3a7fe42b85bc7dd60024acb1d54e81b6fa7e77c3f",
"transactions" : 143942,
"txouts" : 398294,
"bytes_serialized" : 14594097,
"hash_serialized" : "f523544ef67a55073d6d331dc2be40f02f2fc1dceeb0f1d66d7c9992f0752abe",
"total_amount" : 2719999.50000000
}
isamamin
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November 17, 2016, 05:13:02 PM
 #105

Block reward is now 0 + fees.

So mining is essentially done, which is a shame for such a unique coin.
and whats about this? http://j.explorer.bitnodes.net/
bathrobehero
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November 17, 2016, 05:15:10 PM
 #106

Block reward is now 0 + fees.

So mining is essentially done, which is a shame for such a unique coin.
and whats about this? http://j.explorer.bitnodes.net/

We're at block 626825 at the time of writing.

The last block with a reward was 626200:

Code:
   int64 nSubsidy = 0;
    if (nHeight == 1) nSubsidy = 1400000 * COIN; // IPO block
    else
    if (nHeight <= 800) nSubsidy = 0.5 * COIN;
    else
    if (nHeight <= 2000) nSubsidy = 6 * COIN;
    else
    if (nHeight <= 10000) nSubsidy = 5 * COIN;
    else
    if (nHeight <= 20000) nSubsidy = 4 * COIN;
    else
    if (nHeight <= 40000) nSubsidy = 3 * COIN;
    else
    if (nHeight <= 626200) nSubsidy = 2 * COIN;

    return nSubsidy + nFees;

RIP Bittrex
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November 17, 2016, 05:25:04 PM
 #107

yep, everything adds up, except the coin is useless for me now  Roll Eyes

1400000+799*0.5+1199*6+7999*5+9999*4+19999*3+586199*2 = 2719979.5 (+fees)
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November 17, 2016, 05:34:35 PM
 #108

Any one considering taking over, probably restarting with halving starting at 1 Joincoin/block, or perhaps fixed 0.5 Joincoin/block? It should be a lower amount of rewards no matter what, considering the initial supply has been officially completely mined.

If not, we have to consider outsourcing.
Cheesy

Coming soon mobile app BalloonaFide Free CoinoCoin & Joincoin Anywhere  Coino  CNO   PoS+PoW/x11  [ FORUM ] [ FAUCET ] [ Trading : NOVA | Cryptopia ]  Joincoin (J) [FORUM][FAUCET][Trading: NOVA|TradeSatoshi]   ToR Anonymous All Algorithm mining
bathrobehero
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November 17, 2016, 05:37:54 PM
 #109

Any one considering taking over, probably restarting with halving starting at 1 Joincoin/block, or perhaps fixed 0.5 Joincoin/block? It should be a lower amount of rewards no matter what, considering the initial supply has officially completely mined.

If not, we have to consider outsourcing.
Cheesy

Yes, I think it should be forked with an ever decreasing reward (1, 0.5, 0.25, etc).

Unfortunately since the coin is barely used, there are no transaction fees so mining is pointless and the total supply is very low anyway.

RIP Bittrex
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November 18, 2016, 09:15:40 AM
 #110


If you do not plug the coin dies
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November 18, 2016, 09:20:26 AM
 #111

changing the block reward scheme is easy.
the hard part is programming the fork, updating the exchanges, notifying everybody and stuff.

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November 18, 2016, 09:27:17 AM
 #112

It would be great
DOGEbubble
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November 18, 2016, 04:13:22 PM
 #113

changing the block reward scheme is easy.
the hard part is programming the fork, updating the exchanges, notifying everybody and stuff.

Let's think it over for a couple of days and probably reach a preliminary consensus over the weekend.

With a great future, I am 100% in support of this coin and luckily enough probably can get enough funding for the purpose. All I need is continuing support.

With the final work based on practicality & feasibility & Critical and essentially fixes. Algo & difficulty adjustment should be considered and made but only if it is possible and easy to make. Not everything can be done exactly what we want but I would rather the team to handle the specifics of these. Consider this as once for all  and a long term fix; avoiding constant algo changes like what the Myriad coin does; we cannot afford that; And in the end, it does not really matter if for example such as the difficulty level ratios between different algos being not exactly right, because miners come and go based on the difficulty level and adjust to that.

Lastly, with so many great mining pools and  supports, it's not a problem to drastically increase block time to say 777 second (and this would be the nickname of this coin) and block rewards can start at 16 (based on less daily block counts to about 1/17) , as long as the network would be able to handle the future needs. This would drastically cut down the (total) blockchain (file) size, which when too big would make wallet client hard to handle its jobs and the wallet functions become extremely sluggish. Some coin(s) with a very short blocktime is facing such problems.  Cheesy

Coming soon mobile app BalloonaFide Free CoinoCoin & Joincoin Anywhere  Coino  CNO   PoS+PoW/x11  [ FORUM ] [ FAUCET ] [ Trading : NOVA | Cryptopia ]  Joincoin (J) [FORUM][FAUCET][Trading: NOVA|TradeSatoshi]   ToR Anonymous All Algorithm mining
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November 18, 2016, 04:23:24 PM
 #114

Circulate more coins by different campaigns. Lot of coins stuck in the useless faucet. Circulate it by hosting twitter, facebook and signature campaigns.
bathrobehero
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November 19, 2016, 01:43:13 PM
 #115

changing the block reward scheme is easy.
the hard part is programming the fork, updating the exchanges, notifying everybody and stuff.

Let's think it over for a couple of days and probably reach a preliminary consensus over the weekend.

With a great future, I am 100% in support of this coin and luckily enough probably can get enough funding for the purpose. All I need is continuing support.

With the final work based on practicality & feasibility & Critical and essentially fixes. Algo & difficulty adjustment should be considered and made but only if it is possible and easy to make. Not everything can be done exactly what we want but I would rather the team to hand the specifics of that. Consider this as once for all  and a long term fix; avoiding constant algo changes like what the Myriad coin does; we cannot afford that; And in the end, it does not really matter,for example such as the difficulty level being not exactly right, because miners come and go based on the difficulty level and adjust to that.

Lastly, with so much great mining hosting supports, it's no problem to drastically increase block time to say 777 (and this would be the nickname of this coin) and block rewards can start at 16, as long as the network would be able to hand the future needs. This would drastically cut down the blockchain size, which when too big would make wallet client hard to handle its jobs and the wallet functions become extremely sluggish. Some coin(s) with a very short blocktime is facing such problems.  Cheesy


I'm strongly against increasing the blocksize. It would be a step back.

RIP Bittrex
DOGEbubble
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November 19, 2016, 06:14:01 PM
 #116

changing the block reward scheme is easy.
the hard part is programming the fork, updating the exchanges, notifying everybody and stuff.

Let's think it over for a couple of days and probably reach a preliminary consensus over the weekend.

With a great future, I am 100% in support of this coin and luckily enough probably can get enough funding for the purpose. All I need is continuing support.

With the final work .........

Lastly, with so much great mining hosting supports, it's no problem to drastically increase block time to say 777 (and this would be the nickname of this coin) and block rewards can start at 16, as long as the network would be able to hand the future needs. This would drastically cut down the blockchain size, which when too big would make wallet client hard to handle its jobs and the wallet functions become extremely sluggish. Some coin(s) with a very short blocktime is facing such problems.  Cheesy


I'm strongly against increasing the blocksize. It would be a step back.

I think you are talking about the block time.

It is true that a shorter block time make confirmations of transactions faster and more appealing.

The Joincoin has around 0.3 GB total blockchain files at this moment. It will very soon reach 1 GB if the blockchain advances at it maximal pace. During the life time of this coin, it has not reached the maximal blocks/day- mostly within 350-1500 blocks/day.
Most very-short-block-time altcons went through pump-dump-die, not having to face such issues.

It is still possible to leave the present block time of 45 seconds, leaving the need for solutions, say, 3-5 years down the road, when the next generations of faster CPU chips/computers might be out to prevent these issues. Or simply fork to a new coins with old wallet balances. The Bitcoin has a 500-second block time; it has a slightly larger total blockchain files size after around 9 year (since Jan 2008.)

I am fine with this- to leave alone the present block time of 45 seconds
.  Cheesy

What about the halving time of block chain rewards? I think it should be longer one, again 777 days or 999 days is good.  ("888 coin" is already taken.) Cheesy

Coming soon mobile app BalloonaFide Free CoinoCoin & Joincoin Anywhere  Coino  CNO   PoS+PoW/x11  [ FORUM ] [ FAUCET ] [ Trading : NOVA | Cryptopia ]  Joincoin (J) [FORUM][FAUCET][Trading: NOVA|TradeSatoshi]   ToR Anonymous All Algorithm mining
bathrobehero
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November 20, 2016, 06:33:48 AM
 #117

changing the block reward scheme is easy.
the hard part is programming the fork, updating the exchanges, notifying everybody and stuff.

Let's think it over for a couple of days and probably reach a preliminary consensus over the weekend.

With a great future, I am 100% in support of this coin and luckily enough probably can get enough funding for the purpose. All I need is continuing support.

With the final work .........

Lastly, with so much great mining hosting supports, it's no problem to drastically increase block time to say 777 (and this would be the nickname of this coin) and block rewards can start at 16, as long as the network would be able to hand the future needs. This would drastically cut down the blockchain size, which when too big would make wallet client hard to handle its jobs and the wallet functions become extremely sluggish. Some coin(s) with a very short blocktime is facing such problems.  Cheesy


I'm strongly against increasing the blocksize. It would be a step back.

I think you are talking about the block time.


Oh yes, I wanted to write block time.

RIP Bittrex
EuroLine
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November 20, 2016, 07:49:31 AM
 #118

Does anybody need a pool?

Bismuth pool and webwallet: https://bismuth.acc-pool.pw/, https://biswallet.acc-pool.pw/. Zoin pool: https://zoi.acc-pool.pw/
If need a pool public or private PM me.
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November 20, 2016, 08:48:34 AM
 #119

Circulate more coins by different campaigns. Lot of coins stuck in the useless faucet. Circulate it by hosting twitter, facebook and signature campaigns.
I also agree! The withdrawal is 0.2 every 12 hours, but it will require a control in the disbruition by signature campaigns, for not to entopir the discussion page with useless and vague things!

I'm on windows 10 and my wallet does not want to sync! You're stuck 119 weeks ago, what's going on?
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November 20, 2016, 09:20:07 AM
 #120

Circulate more coins by different campaigns. Lot of coins stuck in the useless faucet. Circulate it by hosting twitter, facebook and signature campaigns.
I also agree! The withdrawal is 0.2 every 12 hours, but it will require a control in the disbruition by signature campaigns, for not to entopir the discussion page with useless and vague things!

I'm on windows 10 and my wallet does not want to sync! You're stuck 119 weeks ago, what's going on?

Check for addnodes in the faucet site. That will help.

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