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Author Topic: - AURORACOIN -  (Read 134620 times)
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ytrezq
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December 04, 2017, 02:50:57 PM
 #961


PoW is divided over 5 hashing algorithms. Each block (independent of the algo) rewards 2.5 AUR.
Difficulty is adjusted for global (all 5 algo's) and per algo at each block.


It’s easier to get more hash per seconds with sha256 than scrypt…

Does the system take that into account when determining computation power ?
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BioMike
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December 04, 2017, 08:39:01 PM
 #962


PoW is divided over 5 hashing algorithms. Each block (independent of the algo) rewards 2.5 AUR.
Difficulty is adjusted for global (all 5 algo's) and per algo at each block.


It’s easier to get more hash per seconds with sha256 than scrypt…

Does the system take that into account when determining computation power ?

Like I said, each algo has its own difficulty. In the end the result is that sha256d has a higher difficulty than scrypt,
giving on average each algo as much chance of finding a block.

The difference in the amount of hashes/sec between algos (irrelevant if this is due to the algo itself or the hardware
that generates the hash) is compensated by the change in difficulty.

Other said: on the same hardware, there are different amount of hashes, compensated by different difficulties.
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December 05, 2017, 03:24:32 AM
 #963

How will be the money, collected during the ICO be spent?
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December 05, 2017, 08:24:03 AM
 #964

How will be the money, collected during the ICO be spent?

There is no ICO, only the pre-mine, which was distributed among the people in Iceland.

Of the remaining funds:
- 1.000.001 AUR was transferred to the Auroracoin foundation for development and promotion in Iceland (only a small bit has been used so far).
- the rest was burned (e.a. transferred to an address that nobody has the key for).
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December 06, 2017, 10:24:50 PM
 #965

why is the sudden rise of this coin, I can not see any news or announcement to be raise %170...is it just artificial pump?

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December 06, 2017, 10:32:48 PM
 #966

why is the sudden rise of this coin, I can not see any news or announcement to be raise %170...is it just artificial pump?


Crypto is going mainstream. One would think people of Iceland will start paying attention to this coin finally.
molecular
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December 06, 2017, 10:42:32 PM
 #967

why is the sudden rise of this coin, I can not see any news or announcement to be raise %170...is it just artificial pump?

I have no idea other than crypto-markets going a bit crazy in general lately.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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December 07, 2017, 03:42:58 AM
 #968

There is a rumor about a big announcement today. (07.12)
Eddyc
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December 07, 2017, 06:17:54 AM
 #969

why is the sudden rise of this coin, I can not see any news or announcement to be raise %170...is it just artificial pump?


Crypto is going mainstream. One would think people of Iceland will start paying attention to this coin finally.
Or it could be an omen that things will get hot on BTC! The last pump in AUR, the BTC rose to peaks never seen and then began to fall, the movie will repeat itself? Anyway, I bought some AUR. Roll Eyes

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BioMike
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December 07, 2017, 07:51:18 AM
 #970

There is a rumor about a big announcement today. (07.12)

Than you know more than me... and I'm on the dev team.

I have no explanation of the last night pump. Trade with caution! Buy orders on Bittrex (where this pump started) are currently in no relation with the price increase.
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December 07, 2017, 10:54:18 PM
 #971

New Zero Fee Mining Pool hosting Auroracoin
https://cryptotastic.net
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December 12, 2017, 03:02:17 PM
 #972

Hi

Can somebody help me with the Aurora web wallet. First it shows full balance but after a few seconds it restricts the balance to the 20 latest inputs...
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December 12, 2017, 05:41:35 PM
 #973

https://explorer.auroracoin.eu/ block explorer is down.
I see the 1136633 block for a long time

BioMike
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December 12, 2017, 08:09:23 PM
 #974

Hi

Can somebody help me with the Aurora web wallet. First it shows full balance but after a few seconds it restricts the balance to the 20 latest inputs...

@LTEX, can you have a check what's going on here? I guess this is the HIVE wallet.
jetfish
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December 15, 2017, 08:49:55 PM
 #975

I hear legendary pumpers come back to life, will this coin see it's old high again?  Cheesy
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December 16, 2017, 11:48:19 AM
 #976

Any update from the dev or is it just a new pump which is about to burst
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December 16, 2017, 01:56:49 PM
 #977

Is it true that devs kept 50% of this coin???

BioMike
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December 16, 2017, 03:43:13 PM
 #978

We're working on things in Iceland, but that's not new (no real updates for now). We have done market development in the past, to keep the price stable, together with the increasing BTC/fiat price, this has an effect on AUR price. The Icelandic exchange follows (Icelandic people are noticing this) and market development has shifted to that exchange. As for the pump claims, our rank at CMC is at the same level for the past few months (with a small exception a two weeks ago) indicating that this growth is comparable for the rest of the crypto market.

As for the 50% claim. Mined coins were distributed among Icelandic population a few years ago, 1 million AUR were transferred to the Auroracoin foundation for promotion and development (like I said, mostly untouched until now), remains have been burned. Check OP for details.
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December 18, 2017, 11:06:30 AM
 #979

https://bitinfocharts.com/auroracoin/address/AT48a2R6w4Ebk8yYxqWE6fjFBKSqACcJy5

The account ranked 3rd on the richlist has been labelled as a lost mintpal wallet but the account shows a withdrawal of 20 000 coins this July.

Any thoughts?
BioMike
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December 18, 2017, 09:31:09 PM
 #980

https://bitinfocharts.com/auroracoin/address/AT48a2R6w4Ebk8yYxqWE6fjFBKSqACcJy5

The account ranked 3rd on the richlist has been labelled as a lost mintpal wallet but the account shows a withdrawal of 20 000 coins this July.

Any thoughts?

The mintpal situation was before my time, but if this is really their wallet than that is indeed interesting. At least something to keep watching a bit closer.
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