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Author Topic: - AURORACOIN -  (Read 134479 times)
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AngryDwarf
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November 01, 2016, 07:49:05 AM
 #441



I don't speak for my generation, a lot of them are pretty screwed up but, we didn't cause all the worlds problems nor can we fix them so, have at it and, good luck!  Grin
 

at least we can agree that there's a lot of messed up with both generations

Maybe we should blame the older generation for not teaching the young what a ballot box is, after all, 'Bregzit' might not have happened if the youth turnout matched the pensioner turnout.
Or maybe we should blame the establishment for distracting the young with celebritism and consumer gadgets.
Or maybe we should blame the establishment for pampering to the old's feeling of wealth since they are more likely to vote.
Or maybe we should blame the establishment for redirecting money creation from loans for business generation, towards loans for existing housing supply and consumerism, leading to an asset price explosion and an indebted and economically enslaved younger generation who for the first time in decades will be much worse off than those who lived before.

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RJF19
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November 01, 2016, 01:16:31 PM
 #442



I don't speak for my generation, a lot of them are pretty screwed up but, we didn't cause all the worlds problems nor can we fix them so, have at it and, good luck!  Grin
 

at least we can agree that there's a lot of messed up with both generations

We can certainly agree on that. Common ground I would think.

Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time. Thomas A. Edison
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November 01, 2016, 01:35:23 PM
 #443



I don't speak for my generation, a lot of them are pretty screwed up but, we didn't cause all the worlds problems nor can we fix them so, have at it and, good luck!  Grin
 

at least we can agree that there's a lot of messed up with both generations

Maybe we should blame the older generation for not teaching the young what a ballot box is, after all, 'Bregzit' might not have happened if the youth turnout matched the pensioner turnout.
Or maybe we should blame the establishment for distracting the young with celebritism and consumer gadgets.
Or maybe we should blame the establishment for pampering to the old's feeling of wealth since they are more likely to vote.
Or maybe we should blame the establishment for redirecting money creation from loans for business generation, towards loans for existing housing supply and consumerism, leading to an asset price explosion and an indebted and economically enslaved younger generation who for the first time in decades will be much worse off than those who lived before.

And therein lies one of the major stumbling blocks to any solution, blame. Can I blame the moon for replacing the sun at night? Sure, but where would it get me? Nowhere of course. Can I install electric lights so I can see again at night? Sure. that would be called a "solution" and it would take money, time and most importantly, work.

I think it will all work out in the long run if we can avoid destroying the planet or ourselves in the process but, we have to learn to accept failure right along with success. One does not exist without the other. It's like the people who continually DDOS this forum. Exactly what do they hope to gain? If it is a personal attack on theymos, they are just wasting their time. If it is a global attack on Bitcoin or crypto in general, they are still wasting their time, there are plenty of other places to discuss crypto and a few angry script kiddies aren't going to change anything.

It is ineffective in achieving whatever goal they have in mind yet they keep doing it. We need to stop "doing it" just because we can and work together toward the goal of transforming governments and social structures so they work with the people and for the people not against the people. Remember NOTHING is impossible, there is a peaceful solution to every problem as long as you have a bigger gun...  Cheesy

 

Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time. Thomas A. Edison
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November 01, 2016, 02:22:39 PM
 #444

.....

It is ineffective in achieving whatever goal they have in mind yet they keep doing it. We need to stop "doing it" just because we can and work together toward the goal of transforming governments and social structures so they work with the people and for the people not against the people. Remember NOTHING is impossible, there is a peaceful solution to every problem as long as you have a bigger gun...  Cheesy


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November 01, 2016, 08:44:28 PM
 #445

.....

It is ineffective in achieving whatever goal they have in mind yet they keep doing it. We need to stop "doing it" just because we can and work together toward the goal of transforming governments and social structures so they work with the people and for the people not against the people. Remember NOTHING is impossible, there is a peaceful solution to every problem as long as you have a bigger gun...  Cheesy



Now there's a guy who doesn't want to change the system unless the changes are his.

Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time. Thomas A. Edison
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November 01, 2016, 09:05:14 PM
 #446

www.Mining-Dutch.nl

Back in business.!
All bugs and problems solved and mining blocks stable.!

Hope to see you back soon.

www.Mining-Dutch.nl  (Merged Mining - Multiport / Multi algo)
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November 11, 2016, 04:21:48 PM
 #447

Hi team

I know there is a merchant platform under development.

WI'll it have a Point of Sale system that links up to Apple and microsoft devices in store that will printake receipts or tally items on a list for a restaurant or retailer.

I'm interested to know your thoughts on the potential for a slightly differento system where a customer makes a cash purchase and then the system offers you your chaneeds in auroracoin...

Regards.
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November 13, 2016, 12:10:48 PM
 #448

Hi team

I know there is a merchant platform under development.

WI'll it have a Point of Sale system that links up to Apple and microsoft devices in store that will printake receipts or tally items on a list for a restaurant or retailer.

B  I'm interested to know your thoughts on the potential for a slightly differento system where a customer makes a cash purchase and then the system offers you your chaneeds in auroracoin...


Regards.

A & B (above) would both be very useful developments.
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November 23, 2016, 04:42:30 AM
 #449

Hi all,
I want to ask AURORACOIN are available on the exchange YOBIT ,
there's right is not it ??
because , I see in the OP does not update   Huh

>>>https://yobit.net/en/trade/AUR/BTC

thanks in advance !!!
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November 25, 2016, 05:56:57 PM
 #450

Hi all,
I want to ask AURORACOIN are available on the exchange YOBIT ,
there's right is not it ??
because , I see in the OP does not update   Huh

>>>https://yobit.net/en/trade/AUR/BTC

thanks in advance !!!


There have been some troubles with Yobit in the past. We decided to take it off the OP when multiple claims came in from users that were unable to withdraw their coins. We will look into it again and see if things have been resolved.

Thank you for your response.

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November 29, 2016, 05:37:59 PM
 #451

So, I've been trying to find out when the mining reward will half.

Looking at the code, it seems like it's going to be at block 2,100,000, which *would* turn out as roughly 4 years from genesis had we been mining multialgo all along. But since the first 225000 were mined with much lower speed (but equally higher subsidy), we "lost" 2 years and the reward halfing will be roughly 3 years from now (6 years from genesis).

I rounded the numbers generously, but is this correct?

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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November 29, 2016, 05:38:42 PM
 #452

do you know how to withdrawal aur from bter?
ny2cafuse
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November 29, 2016, 06:14:07 PM
 #453

So, I've been trying to find out when the mining reward will half.

Looking at the code, it seems like it's going to be at block 2,100,000, which *would* turn out as roughly 4 years from genesis had we been mining multialgo all along. But since the first 225000 were mined with much lower speed (but equally higher subsidy), we "lost" 2 years and the reward halfing will be roughly 3 years from now (6 years from genesis).

I rounded the numbers generously, but is this correct?


Molecular, you are correct.  Instead of trying to make changes to it, we just went with the static number based on what it would have been had we been multi-algo.  We figured if there was significant reason to calculate the 4 year mark and redo the code, we had a bit of time to make it work.

Any worries about it other than it changes the reward/time curve for this initial period?

-Fuse

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molecular
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November 29, 2016, 07:40:52 PM
 #454

So, I've been trying to find out when the mining reward will half.

Looking at the code, it seems like it's going to be at block 2,100,000, which *would* turn out as roughly 4 years from genesis had we been mining multialgo all along. But since the first 225000 were mined with much lower speed (but equally higher subsidy), we "lost" 2 years and the reward halfing will be roughly 3 years from now (6 years from genesis).

I rounded the numbers generously, but is this correct?


Molecular, you are correct.  Instead of trying to make changes to it, we just went with the static number based on what it would have been had we been multi-algo.  We figured if there was significant reason to calculate the 4 year mark and redo the code, we had a bit of time to make it work.

Any worries about it other than it changes the reward/time curve for this initial period?

-Fuse

Nope, no worries.

However: if you do want to make a change to shorten the period, you should rather do it early (as in: now) than later. I would suggest to leave things as they currently are, though. Any change affecting predictability of supply (not just total supply, but also generation rate) better be damn well reasoned. I really can't think of any reason that would merit such a change at this point.





PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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November 29, 2016, 07:42:18 PM
 #455

soo... anybody in Iceland knows this coin ?

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November 29, 2016, 08:01:32 PM
 #456

Nope, no worries.

However: if you do want to make a change to shorten the period, you should rather do it early (as in: now) than later. I would suggest to leave things as they currently are, though. Any change affecting predictability of supply (not just total supply, but also generation rate) better be damn well reasoned. I really can't think of any reason that would merit such a change at this point.

I totally get what you're saying.  Short of some kind of bug or unforeseen catastrophe, I can't see a reason to change any of the supply dynamics ever again.  Even then, it would take an act of God to get us to make those changes without complete community(merchant/user) approval.  The fact that the halving change has been in place, and this is the first time someone has really mentioned it is a good thing.  It means it wasn't disruptive.

As always, thanks for the input, mate!

-Fuse

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JessicaG
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November 29, 2016, 09:33:30 PM
 #457

So, I've been trying to find out when the mining reward will half.

Looking at the code, it seems like it's going to be at block 2,100,000, which *would* turn out as roughly 4 years from genesis had we been mining multialgo all along. But since the first 225000 were mined with much lower speed (but equally higher subsidy), we "lost" 2 years and the reward halfing will be roughly 3 years from now (6 years from genesis).

I rounded the numbers generously, but is this correct?


Molecular, you are correct.  Instead of trying to make changes to it, we just went with the static number based on what it would have been had we been multi-algo.  We figured if there was significant reason to calculate the 4 year mark and redo the code, we had a bit of time to make it work.

Any worries about it other than it changes the reward/time curve for this initial period?

-Fuse

Nope, no worries.

However: if you do want to make a change to shorten the period, you should rather do it early (as in: now) than later. I would suggest to leave things as they currently are, though. Any change affecting predictability of supply (not just total supply, but also generation rate) better be damn well reasoned. I really can't think of any reason that would merit such a change at this point.



With the unforeseen arise of the ASIC's during the beginning of cryptocurrencies, the whole halving idea might be a bit outdated. Dropping the halving protocol and making the reward a static one could perhaps solve it easily?

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November 30, 2016, 08:53:24 AM
 #458

The rise of difficulty should counteract the ASICs, to some extend. The halving was made to (1) restrict the creation of the coin and (2) reward the mining effort, while the influence of newly created coins on the economy would have a reducing effect, allowing it to grow. Fees should take over the mining rewards at halving and eventually the stop of generation of new coins. The time of halving becomes less and less a factor on the market with each halving.
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November 30, 2016, 09:05:04 AM
 #459

Dropping the halving protocol and making the reward a static one could perhaps solve it easily?

A constant reward is IMHO not such a good idea, as it doesn't take into consideration that the market will grow. In a young market there is much more risk involved regarding success of the coin, which IMHO should also pay off for the miners. Later, if the coin really takes off, there is less risk involved. How would you justify this to the early miners? They get the same reward, more profit, for less risk.
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November 30, 2016, 12:05:54 PM
 #460

soo... anybody in Iceland knows this coin ?

10% of the Icelandic population took the effort of claiming in 2014-2015

Every now and then the coin hits the largest newspapers in Iceland, last was connected to the vice documentary film http://motherboard.vice.com/read/auroracoin


Other recent news coverage is connected to the isx.is Icelandic exchange opening.

If you ask people here if they know cryptocoins they all know about Auroracoin.



"Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone". Satoshi Nakamoto
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