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Author Topic: - AURORACOIN -  (Read 108230 times)
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degxtra1
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April 11, 2017, 09:00:06 AM
 #721

A second Android wallet is just about to be released. Development on qr code scanning for our webwallet (iphone) is close to finish. Isx.is is the only crypto exchange in Iceland for auroracoin, has now been in operation for a year. Development on a merchant solution is close to be finished and we just signed up our first merchant a few weeks ago.

We are just starting i think.

Any news about android wallet? Is it going to be compatible with old android version? I mean easy update and recovering coins from old wallet, as at the moment many people are stuck with their coins on old version.
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BioMike
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April 11, 2017, 09:01:45 PM
 #722

A second Android wallet is just about to be released. Development on qr code scanning for our webwallet (iphone) is close to finish. Isx.is is the only crypto exchange in Iceland for auroracoin, has now been in operation for a year. Development on a merchant solution is close to be finished and we just signed up our first merchant a few weeks ago.

We are just starting i think.

Any news about android wallet? Is it going to be compatible with old android version? I mean easy update and recovering coins from old wallet, as at the moment many people are stuck with their coins on old version.

I guess you mean the Schildbach wallet. Yes, that one has been a problem for us as well (don't get me started on that). We had someone write a tool for it to recover the private keys and to import them into the core wallet (if I remember correctly). But we have not yet had the time to really look at it, or write a tutorial for people to follow on how to actually do that. I'll try to have an initial look at it soon and keep the thread updated regarding it.
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April 20, 2017, 09:25:16 PM
 #723

I had a look at the tool, but it requires some adjustments before it can be used for Auroracoin wallets. Development was performed on the Bitcoin version of the schildbach wallet, so it needs some adjustments for making it Auroracoin compatible.
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April 20, 2017, 10:41:42 PM
 #724

Has there been any plans for the inevitable scaling issues that will arise as Auroracoin will (hopefully) reach mass adoption?

It might be a good idea to do some proactive measures while it's still fairly simple politically to do changes to the protocol - SegWit+LN, larger blocks, something else?
kashish948
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April 20, 2017, 11:02:51 PM
 #725

y did this go down to nothing? this was an interesting concept
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April 21, 2017, 04:59:34 PM
 #726

Has there been any plans for the inevitable scaling issues that will arise as Auroracoin will (hopefully) reach mass adoption?

It might be a good idea to do some proactive measures while it's still fairly simple politically to do changes to the protocol - SegWit+LN, larger blocks, something else?

A lot of the future proofing was already done in the changeover to multi-algo.  Many of the issues with BTC right now are the long block times and the sheer number of transactions that are occurring per block.  AUR should have 10 blocks on the chain in just longer than the time it takes for BTC to have 1 block, meaning transactions over time per block should be smaller compared to BTC.  It would take years before AUR ever got to a point where it would be close to hitting the hard limits that BTC has in terms of blockchain capabilities, and by that time a lot of the technology out right now would be obsolete.

Politically speaking, AUR won't run into the same red vs blue/black vs white BS that BTC is going through with what to do when things don't work.  Bitcoin is in a place where there are more technical users and miners than there are mom and pop coffee shop customers, which is BTC's downfall right now in finding a solution.  Too many chiefs, not enough indians.  The team has discussed a lot of the future change protocols, and we've been working out plans on how to adapt to needed changes while still involving the community in decision making.  Not saying that every change is going to require a community vote, though.  But lets be honest here.  Most people who will be a part of the "mass adoption" won't ever touch a miner or the technical side of the blockchain.  They won't care what the change is that makes the chain work, they just want the chain to work.  

-Fuse

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April 21, 2017, 08:19:24 PM
 #727

y did this go down to nothing? this was an interesting concept

Well the hope is to build it back up, and to turn concept into reality.  The current team, myself included, is in it for the long haul, mate!

-Fuse

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April 21, 2017, 08:52:34 PM
 #728

I will add this...

The more silent our team becomes, the more is being developed! By that I mean more real integration with the Icelandic economy, not some awesome technology that proofs we are cool coders. Once we can share the great results we are working toward, all cool coders will be waiting in line to share their skills with us.

If by now you haven't figured out this is truely a long term project, you are either a newbie looking for a quick gain, or a delusional speculator from the past still looking for a way out. In both cases I urge you to move on, we simply can't provide you with any satisfaction.

A fool will just look at the finger, even if it points to paradise!
MikkiRefur
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April 24, 2017, 06:34:21 PM
 #729


There is a new wallet available for Android, on Google Play, for use with Auroracoin !

Though it is somewhat geared for the Icelandic market in the sense it will have stronger support for the Icelandic Exchange, ISX.IS, including using the current bid price for AUR -> ISK pricing, it also has support for AUR -> USD pricing.

More currencies will be added as time goes on but this is a step toward more adoption.

This version has also been installed at a few merchants in Reykjavik that are testing out accepting Auroracoin, and will be used as the basis for an upcoming Merchant Release which will be geared for accepting AUR at the sales counter / payment point.


https://play.google.com/store/apps/details?id=com.auroracoin.is


Please install and leave a review - we cannot improve the code if we are not aware of issues Smiley

-Mikki
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April 26, 2017, 05:32:36 PM
 #730

why 3540?
ny2cafuse
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April 26, 2017, 06:20:15 PM
 #731

why 3540?

What's 3540?

-Fuse

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dinobotta
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April 26, 2017, 07:15:41 PM
 #732


Standard ordersize on isx and bittrex

"Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone". Satoshi Nakamoto
Trukkur
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April 26, 2017, 08:15:24 PM
 #733

3600sec / 61sec = 59blocks
59blocks x 2.5aur = 147.5 aur
147.5 aur x 24hours = 3540 aur

wow it's one mining day of coins
dinobotta
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April 26, 2017, 08:56:49 PM
 #734

3600sec / 61sec = 59blocks
59blocks x 2.5aur = 147.5 aur
147.5 aur x 24hours = 3540 aur

wow it's one mining day of coins

Bingo

"Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone". Satoshi Nakamoto
BioMike
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April 26, 2017, 09:44:40 PM
 #735

3600sec / 61sec = 59blocks
59blocks x 2.5aur = 147.5 aur
147.5 aur x 24hours = 3540 aur

wow it's one mining day of coins

Bingo

I was the one who started that, but I noticed a few times that people are copying it, which is IMHO not a problem. I chose a value that I could use as a measure in how much dumping would occur, that could support the price (and keep it stable) and generate enough order size for merchants to convert back to ISK (although it is now also used for bag holders to cash out). Part of the dumped out AUR are transferred to ISX, initially as a way to transfer AUR back into Iceland, to provide a similar support of the price and again to actually build the support for merchants.

It's all part of building a system to economically support AUR to become a good alternative to ISK.
dinobotta
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April 26, 2017, 11:16:32 PM
 #736

3600sec / 61sec = 59blocks
59blocks x 2.5aur = 147.5 aur
147.5 aur x 24hours = 3540 aur

wow it's one mining day of coins

Bingo

I was the one who started that, but I noticed a few times that people are copying it, which is IMHO not a problem. I chose a value that I could use as a measure in how much dumping would occur, that could support the price (and keep it stable) and generate enough order size for merchants to convert back to ISK (although it is now also used for bag holders to cash out). Part of the dumped out AUR are transferred to ISX, initially as a way to transfer AUR back into Iceland, to provide a similar support of the price and again to actually build the support for merchants.

It's all part of building a system to economically support AUR to become a good alternative to ISK.


This liquidity for buyers and sellers is possibly the most important part of building trust in Auroracoin.

"Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone". Satoshi Nakamoto
Trukkur
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April 26, 2017, 11:24:02 PM
 #737

3600sec / 61sec = 59blocks
59blocks x 2.5aur = 147.5 aur
147.5 aur x 24hours = 3540 aur

wow it's one mining day of coins

Bingo

I was the one who started that, but I noticed a few times that people are copying it, which is IMHO not a problem. I chose a value that I could use as a measure in how much dumping would occur, that could support the price (and keep it stable) and generate enough order size for merchants to convert back to ISK (although it is now also used for bag holders to cash out). Part of the dumped out AUR are transferred to ISX, initially as a way to transfer AUR back into Iceland, to provide a similar support of the price and again to actually build the support for merchants.

It's all part of building a system to economically support AUR to become a good alternative to ISK.


This liquidity for buyers and sellers is possibly the most important part of building trust in Auroracoin.

we will need a refill soon, pay day is coming Smiley
Telepo
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April 27, 2017, 10:47:36 AM
 #738

3600sec / 61sec = 59blocks
59blocks x 2.5aur = 147.5 aur
147.5 aur x 24hours = 3540 aur

wow it's one mining day of coins

it's nice to see your calculation. it's quite clear to know how many coin produced per day.

I'm impressive with this coin . it's still developed and well supported by community.

Minexcoin — A new era of payments ||ICO ||DISCUSSION
BioMike
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April 27, 2017, 12:06:56 PM
 #739

we will need a refill soon, pay day is coming Smiley

We'll keep an eye on it and refill as needed. There are currently still 10 sell orders to 22 ISK, purchasing now on other exchanges for selling on ISX, would have more expensive orders than that and would be an unnecessary pumping of the price.
MikkiRefur
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April 27, 2017, 02:53:32 PM
 #740



Interestingly enough, or even coincidentally or synchronistically enough..... 354 is also Iceland's International Access Code as well.

It's all written in the stars, ya know.
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