[ANN] [KRB] Karbo (Ҝ) Кapбoвaнeць - Ukrainian Electronic Karbovanets CryptoNote

[aiwe]

Continuing matters of donations. Because someone was asking on russian thread what about BTC donations, all donations moved to mine address 1Aiwe1sPZiGTCeev1QVFa3KNiMTkjRM6oz . All that is coming to that address are donations and revenue from ads at faucet.karbowanec.com. I moved all donations to that address because the previous address was at Coinbase, where you can't see what's going on, and check the balance. Hope thus will be better. And we prefer donations in KRB.

[OwlHonda]

Does the pool fee go to donations? Is that what all the very small donations are from, when a block is found and pool.karbowanec.com takes the 2% fee?

[aiwe]

Does the pool fee go to donations? Is that what all the very small donations are from, when a block is found and pool.karbowanec.com takes the 2% fee?

Those are donations from wallet checkbox on 'Send' tab. Pool fees are supporting pool operator which happen to be dev

[OwlHonda]

Ah ok thank you

[omshree]

 I try to give my address to claymore miner, it says invalid id, the address is generated by the wallet 1.1.4 
  This is it: KgjipMn9J1AXDkJp2df7jDFNjFox9je4AX2iMcH2Nm2Y1VFvG8xAZmxh4WYuvico1QSKCctKkvRHZVe mfdnu88ibFsLweCq

   What can be the matter?

[omshree]

I try to give my address to claymore miner, it says invalid id, the address is generated by the wallet 1.1.4 
  This is it: KgjipMn9J1AXDkJp2df7jDFNjFox9je4AX2iMcH2Nm2Y1VFvG8xAZmxh4WYuvico1QSKCctKkvRHZVe mfdnu88ibFsLweCq

   What can be the matter?

SOLVED: weird, its hashing now, must have been a pool issue

[hashgoalPool]

hi , guys i have setup pool. can anyone test it?  so if config works well i put it with 1% fees with zero downtime. its on EU(netherland).


http://xcrypto.org

[hashgoalPool]

I can setup 1 pool on EU(netherland) if you guys interested to mine.  

Can you post a link to your pool? I want to try it. Thanks!

hi , i have setup pool. can anyone test it?  so if config works well i put it with 1% fees with zero downtime. its on EU(netherland).


http://xcrypto.org

and later i set it with 0.5% fees, hosting cost doesn't matter.

[aiwe]

Lets try and see if we find a block.

[hashgoalPool]

Lets try and see if we find a block.

i have made few changes to pool config, because it shows wrong network hashrate, np that dont affect mining.

will quick restart pool later after 1 block found.  

going to put 6k mining to quick test pool.

[hashgoalPool]

cool..., block found, pool works fine.

setting pool fees to 0.5% from now.

[aiwe]

cool..., block found, pool works fine.

setting pool fees to 0.5% from now.

people in russian thread are wondering where's payout for that block

[hashgoalPool]

cool..., block found, pool works fine.

setting pool fees to 0.5% from now.

people in russian thread are wondering where's payout for that block

investigating , wallet having two error on RPC , "transfer" method not found, "getbalance" method not found.

balance is safe though..


KessrqBFJUbVjcuUJe1bucTPbRrv5CEYm5MXY13eizCEJ1gXG5Mvc6yD7Veg9gFoWXgVnvoQrRAvSS3 VgzGz45JSP9M1cJy           5.999134672789    
KdSdvFcKj1bCQEwqeDX2WMB4Vme6dpB79KW3DFE8AJM6MmyKmQB92Q5JcWL3pKEpkWbBJYnXMCdSj4o NLYLfNWG7JBWgjXp    21.415108499611

[bitpotter]

Lets try and see if we find a block.

I do not find the block that you are looking for.

[hashgoalPool]

Lets try and see if we find a block.

I do not find the block that you are looking for.

need to change block explorer setting.

[hashgoalPool]

cool..., block found, pool works fine.

setting pool fees to 0.5% from now.

people in russian thread are wondering where's payout for that block

payment processor are now works fine ,payment sent for last test block. pool is now running.
   

[hashgoalPool]

cool..., block found, pool works fine.

setting pool fees to 0.5% from now.

people in russian thread are wondering where's payout for that block

can you please add pool to list? 

[aiwe]

cool..., block found, pool works fine.

setting pool fees to 0.5% from now.

people in russian thread are wondering where's payout for that block

can you please add pool to list? 

Added to the list.

BTW there are new miners suitable for mining Karbo

XMR-Stak-CPU https://github.com/fireice-uk/xmr-stak-cpu/releases
XMR-Stak-AMD https://github.com/fireice-uk/xmr-stak-amd/releases

New optimized NVIDIA GPU miner https://github.com/xmrMiner/xmrMiner
Windows binaries https://github.com/xmrMiner/xmrMiner-Win64

[aiwe]

We discovered the reason of error messages:

Code:

Failed to handle NOTIFY_REQUEST_CHAIN. block_ids doesn't end with genesis block ID

As we suspected, it's improper "fork" - some Thailandian clone of our coin is interfering our network because they just copied all our code, they even didn't changed parameters, including network ID. They did not made fork on github, instead just uploaded their version. Moreover they replaced all Karbowanec copyright notices to theirs i.e. stole our work.

To get rid of these annoying messages andinterference with their nodes which can negatively impact on wallet connections we possibly gonna change our network ID. We will announce the change, I think it will be combined with release of new wallets. Till special notice no any actions required, network works well even with this interference.

[isuldor]

tl;dr KRB is by no means poised to succeed

No national cryptocurrency has been adopted by a country, even as a reserve currency. If they did, I would find it hard to trust any government to keep criminals from stealing the whole fund.  Properly securing computer networks is very difficult. I believe it's easier to steal cryptocurrency from a wallet than it is to rob a bank. Moreover, if we're talking about a cryptonote fork being used as a national currency, the government wouldn't even be able to track down who stole the currency. Given that, regardless of how successful Karbowanec is, I believe it will always remain an unofficial, underground currency.

Though I still find some reason to be bullish on Karbowanec. Bitcoin's block size debate has convinced me that altcoins have a valid purpose. I don't think the whole world should necessarily be putting every transaction all into one bloated blockchain. Instead, it makes sense to divide transactions into different ledgers. Humanity is already divided by nations, so conceptually it doesn't seem irrational to have national blockchains.  Even as just a store of value, cryptocurrencies can resist inflation.  Ukraine "inflation was at more than 12 percent last year (It hit 43 percent in 2015 thanks in part to devaluation)." [1] And almost half of Ukraine citizens have internet access, accounting for 19 million internet users. [2]  High inflation and a large potential user-base suggests there is an opportunity for KRB to see some amount of real usage.

Still, no national cryptocurrency has been successful.  The country of Nigeria has 86m internet users [2] and an inflation rate of 18%. [3]  The African cryptocurrency "Kobocoin," named after the widely used coins in the country, has languished on coin exchanges for two years.  The transaction volume suggests no one is using the currency despite the availability of mobile wallets.  It might be because English is the predominant language there, so there's no motivation to use an untested crypto over Bitcoin.

The threat of a government outlawing cryptocurrency is real too.  Turkey has 46m internet users and 10% currency inflation.  But bitcoin exchanges were chased out when banks closed their accounts. [5]  Turkey banned Paypal from operating in the country as well. Egypt has 30m internet users and 28% inflation.  No national altcoin has caught on in either country, even though they appear to be (subjectively) better candidates than Ukraine.

1: https://www.bloomberg.com/news/features/2017-02-06/ukraine-is-fighting-its-own-cold-war
2: http://www.internetlivestats.com/internet-users-by-country/
3: http://www.tradingeconomics.com/nigeria/inflation-cpi
4: http://www.tradingeconomics.com/turkey/inflation-cpi
5: https://cointelegraph.com/news/bitcoin-exchange-btcturk-terminates-operations-in-turkey-right-after-paypal
6: http://www.tradingeconomics.com/egypt/inflation-cpi