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Author Topic: [ANN] official NovaCoin thread - the original PoS+scrypt coin. --POOL LIST--  (Read 260174 times)
Balthazar
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December 09, 2013, 04:37:17 PM
 #921

Just another victim of propaganda Smiley

http://www.youtube.com/watch?v=4MLbfOHinbE

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December 10, 2013, 04:50:13 PM
 #922

http://forum.seacraft.sc/en/index.php/topic/679-new-way-to-get-the-seacraft-%E2%80%93-crypto-currencies/#entry2992

Quote
As you know, SeaCraft game is on a straight path to Steam early access, where publishing is scheduled for January 30th.
 
And soon, December 18th, a big game update will come out. After this, the game testing will go in continuous mode, so Founders and Early Buyers will be most directly involved.
 
For those, who wants to buy Game Packs, Steam earlier game access or plans to buy a game after release, we have interesting news.
 
HG developers team always supports new technologies. That’s why we decided to accept cryptocurrencies – a gaining popularity way to make a payment. Bitcoin is the first and the most famous of them. But we are going to accept several cryptocurrencies. Below you can find a list. Since now, you are able to make a payment  with this cryptocurrencies:
 
  
Bitcoin, Litecoin, Terracoin, Novacoin
 
Commissions are low, and current price is determine by exchange rate of https://btc-e.com/
List can be extended, but reduction is not planned.
In February 2014 making payment may become automatic.
To buy a Pack with cryptocurrency now, please contact Titanium Beard with PM.
This would be our small contribution to modern technologies and progress.

novaco.in | EtherMine.ru (65 GH/s, DGM 0.5%) | EtherDig.Net (18GH/s, PPS 1.5%)
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December 12, 2013, 06:29:11 AM
 #923

The novaco.in services are down ATM, because the optic cable got a significant damage. Sad

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penek
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December 12, 2013, 10:14:09 AM
 #924

The novaco.in services available again

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December 13, 2013, 07:56:56 PM
 #925

http://forum.seacraft.sc/en/index.php/topic/679-new-way-to-get-the-seacraft-%E2%80%93-crypto-currencies/#entry3004

 Cool

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December 14, 2013, 05:35:18 PM
 #926

Features planned for 0.4.4.6+

  • Deterministic wallets, i.e. keychains generation from seed (user supplied or automatically generated, see Electrum for example);
  • Separated databases for keys and transactions, instead of wallet.dat;
  • Add support for free transactions and decrease the price for 1kb (i.e. bitcoin-like fees scheme);
  • Remove lower output value limit for user and coinstake transaction types;
  • Add maxtxfee configuration option and RPC call;
  • Include PoW block txfees into the PoW block reward (like bitcoin does, to make transactions handling more profitable in comparison with empty PoW block generation).

Legenda:
Supported by users, investors and developers;
Questionable at the moment.

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December 14, 2013, 06:04:11 PM
 #927

  • Include PoW block txfees into the PoW block reward

If you do that then you should also include transaction fees in the PoS block reward.  Roll Eyes

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December 14, 2013, 08:02:19 PM
 #928

  • Include PoW block txfees into the PoW block reward

If you do that then you should also include transaction fees in the PoS block reward.  Roll Eyes
I think that PoS reward shouldn't include any fees, to maintain a deflationary component of emission process. Average rate of PoS blocks is 2/3 of total blocks rate, so ~2/3 of transaction fees will be destroyed by stake holders. However, a compromise is possible. For example, it's possible to include only a half of the fees, but for the both block types. But it technically complicates the system, so there is a lot of things to think about. That's why this idea was marked with the red color.

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December 14, 2013, 08:48:07 PM
 #929

Average rate of PoS blocks is 2/3 of total blocks rate, so ~2/3 of transaction fees will be destroyed by stake holders.

I don't see why this would be a problem? I'm sure that many PoW miners are also PoS miners. One feature of PoS mining is that your inputs get approximately halved every time a block is found. Here's a hypothetical example:

You send 100NVC to your wallet. After 33 days you find a block and get 10NVC reward. Your 100NVC input gets split into two 55NVC inputs. 35 days later it splits into four 30NVC inputs and so on. After a year or so your inputs will be pretty small and it will take longer and longer to find a block. At the same time the difficulty is going up because of all these extra blocks. At this point one could start over and send the coins to a new address but that would most likely destroy a lot of coindays that would earn interest otherwise.

If you include transaction fees in PoS block rewards then this will offset some of the disadvantages that I have described, at least over the long term (transaction fees are minimal at the moment).

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December 14, 2013, 09:21:46 PM
 #930

I'm sure that many PoW miners are also PoS miners.
That's correct, for p2pool miners especially. Smiley

One feature of PoS mining is that your inputs get approximately halved every time a block is found.
Split is performed only if input has age lower than 90 days. Otherwise it's possible to get something like this:

http://nvc.cryptocoinexplorer.com/block/a93367a106155ce82f1ff722d336476616bde54271c3bb8871adeeb155ed3dc2

Anyway, I admit that there is a sense in your proposal. Because even without fees destruction the system is able to maintain a deflation due to lost wallets and accidentally destroyed coins, for example. Roll Eyes

novaco.in | EtherMine.ru (65 GH/s, DGM 0.5%) | EtherDig.Net (18GH/s, PPS 1.5%)
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December 16, 2013, 07:32:07 AM
 #931

https://bitcointalk.org/index.php?topic=297020.20

Another voting thread Smiley

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December 16, 2013, 07:54:35 AM
 #932

betting on zerocoin if and when its released.
It's released a long time ago. Btw, zerocoin is not an altcoin.

Quote
Yesterday, Matthew Green from Zerocoin project posted this to his tweet:
https://twitter.com/matthew_d_green/status/401797786347114496
"We designed a new version of Zerocoin that reduces proof sizes by 98% and allows for direct anonymous payments that hide payment amount."
"We're going to release it as an alt-coin. It will take a few months to get it to that point. Bitcoin can do what it wants."
"We need a few months to clean up the code. We plan to release the client and an alt-chain."

http://www.reddit.com/r/Bitcoin/comments/1qtevg/zerocoin_reduces_proof_size_by_98_plans_to/

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December 16, 2013, 12:08:02 PM
 #933

Bitinvestor

That's quite interesting news. I have been able to reduce proof size by 30-40% only. Will see... Although the 20-30kb proof size is not a serious problem, there are a lot of transactions with even higher size (something like 100kb) due to many inputs usage. This could be handled by regular fees.

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December 17, 2013, 12:41:58 PM
 #934

Deterministic wallets, i.e. keychains generation from seed (user supplied or automatically generated, see Electrum for example);

First test of hierarchical keys generation algorithm. Smiley

1. Creation of public & private key trees using seed (unlocked wallet emulation):

http://pastebin.mozilla-russia.org/111069

2. Creation of public keys tree using master public key and master chain code (locked wallet emulation):

http://pastebin.mozilla-russia.org/111070


novaco.in | EtherMine.ru (65 GH/s, DGM 0.5%) | EtherDig.Net (18GH/s, PPS 1.5%)
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December 18, 2013, 03:02:49 AM
 #935

hi there i'm a complete newb in this but, how do i start mining these on a pool?

Help a small investor...Im now using a ATI4670 but maybe someday i repay you(pm me if you are donating and want the money back someday)   1NR8DymW88cAUiHnXFAZPx9dVtRrgXJtdN
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December 18, 2013, 08:13:55 AM
 #936

hi there i'm a complete newb in this but, how do i start mining these on a pool?

http://cryptocur.com/novacoin-mining-guide-gpu/

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December 18, 2013, 08:52:37 AM
 #937

sasquat
https://nvc.khore.org/gettingstarted
http://coinpool.ru/gettingstarted

You need to register a new account, create worker and then point your miner to URL which provided by pool. You can use cgminer, bfgminer or reaper with stratum-mining-proxy.

Settings will depend on your hardware. Here is an example for Radeon HD 7950:

Code:
cgminer --scrypt -I 18 -g 1 -w 256 --thread-concurrency 21712 --gpu-engine 1070 --gpu-memclock 1400 --gpu-vddc 1.089 --temp-target 80 --auto-fan -o stratum+tcp://coinpool.ru:3333 -u username -p password

P.S. I heard that the new versions of cgminer has no GPU mining support, so you have to use bfgminer or previous versions of cgminer.

novaco.in | EtherMine.ru (65 GH/s, DGM 0.5%) | EtherDig.Net (18GH/s, PPS 1.5%)
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December 19, 2013, 04:02:49 PM
 #938

Hi, I present you the new Ecoining Novacoin Pool with stratum and vardiff

Our aim is to have very stable pools with constant payouts.

http://novacoin.ecoining.com/

Please, check it out! The 20 first miners get 0% fee forever.
Thanks!!

MrBickle

Join us at Ecoining, the biggest PPC Pool
http://peercoin.ecoining.com - 1% fee and fast payments, 10 confirmations instead of 520!
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December 19, 2013, 11:59:22 PM
 #939

Hi, I present you the new Ecoining Novacoin Pool with stratum and vardiff

Our aim is to have very stable pools with constant payouts.

http://novacoin.ecoining.com/

Please, check it out! The 20 first miners get 0% fee forever.
Thanks!!

MrBickle
Hi. First of all, congratulations with starting up. Smiley

But I should warn you that NVC uses own block format, that's why unmodified mining software can't work properly. Make sure that you are using an appropriate snapshot of StratumServer. Otherwise you'll lose mined blocks silently.

You need this to mine NovaCoin:

https://github.com/CryptoManiac/stratum-mining

P.S.

Quote
BitcoinTalk Official Sexcoin Thread

 Grin

novaco.in | EtherMine.ru (65 GH/s, DGM 0.5%) | EtherDig.Net (18GH/s, PPS 1.5%)
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December 20, 2013, 03:33:43 AM
 #940

Hi, I present you the new Ecoining Novacoin Pool with stratum and vardiff

Our aim is to have very stable pools with constant payouts.

http://novacoin.ecoining.com/

Please, check it out! The 20 first miners get 0% fee forever.
Thanks!!

MrBickle
Hi, I can't connect to your pool though on nvc.khore.org with the same settings everything OK.
Everything OK.

`while true; do cat /dev/zero > /dev/null &; done`
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