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Question: Round 2. Should we increase the minimum recommended tx fee in order to motivate PoW-miners (this will also increase the deflation rate)?
1) change to 0.00001000
2) leave the  0.00000001

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Author Topic: [ANN] 42-coin Development Discussion Thread  (Read 67816 times)
Than-Ioan
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May 07, 2018, 04:41:22 PM
 #1281

 The rich list ! https://chainz.cryptoid.info/42/#!rich
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vezpit
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May 09, 2018, 01:35:52 AM
 #1282

Yes, it worked. Why did this happen? You know?

Transaction was not properly broadcasted, maybe because of a very small number of network connections at the moment you send it. Sometimes this happens on wallets with a closed port #4242.

Sorry for my ignorance, how do you check/set port 4242 in your wallet.

Lasergun
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May 09, 2018, 07:49:34 PM
 #1283

Sorry for my ignorance, how do you check/set port 4242 in your wallet.

One of the simplest methods to open the port is to use a uTorrent: go to "Preferences" >> "Connection", opposite the "Port used for incoming connections" put 4242 and click on "Ok".

To check is your port opened or closed: http://www.yougetsignal.com/tools/open-ports/ , http://ping.eu/port-chk/.
If this method is not working for you but you want to open the port for incoming connections,  send me in PM your router model and firewall name and I will try to help you.
vezpit
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May 09, 2018, 11:12:17 PM
 #1284

Sorry for my ignorance, how do you check/set port 4242 in your wallet.

One of the simplest methods to open the port is to use a uTorrent: go to "Preferences" >> "Connection", opposite the "Port used for incoming connections" put 4242 and click on "Ok".

To check is your port opened or closed: http://www.yougetsignal.com/tools/open-ports/ , http://ping.eu/port-chk/.
If this method is not working for you but you want to open the port for incoming connections,  send me in PM your router model and firewall name and I will try to help you.


Thanks for that reply.  Indeed the port was closed.  I set it and port 2121 open on the computer where the wallets are.  Interesting that once a static address is made, the process is simple on my router.  Thank you for the advice.

One other question.  Setting the conf file to 2121 & daemon to 1 & address to 127.0.0.1, how is the best way to check it is working? The console doesn't seem to provide much help.

Lasergun
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May 10, 2018, 08:58:15 AM
 #1285

One other question.  Setting the conf file to 2121 & daemon to 1 & address to 127.0.0.1, how is the best way to check it is working? The console doesn't seem to provide much help.

If you have sufficient hash rate for the current difficulty you will see in cg/bfminer the lines with the word "Accepted ...", otherwise the only way to check is the hot temperature of your miner.
vezpit
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May 10, 2018, 10:35:18 AM
 #1286

One other question.  Setting the conf file to 2121 & daemon to 1 & address to 127.0.0.1, how is the best way to check it is working? The console doesn't seem to provide much help.

If you have sufficient hash rate for the current difficulty you will see in cg/bfminer the lines with the word "Accepted ...", otherwise the only way to check is the hot temperature of your miner.


Sorry I think I confused the issue.  I was talking about the conf. in the wallet.  I have several types of ASIC miners and have no issues with them.  It is about the conf. file in the wallet & how to tell if the daemon is running.  Many debug consoles have staking info.  This debug console only has 'getmininginfo' & it doesn't show if the daemon is set true or 1, false or 0.  I have set daemon in the config file to 1 & rpcallowip=127.0.0.1.

BountyX
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May 10, 2018, 10:46:42 AM
 #1287

The rich list ! https://chainz.cryptoid.info/42/#!rich

It's funny to see in a currency which consists in just 42 coins people who have 1, 2 or even 4 coins Smiley
The funnies part of it is that it still manages to have a value Smiley

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IMZ
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May 11, 2018, 04:09:02 AM
 #1288

The rich list ! https://chainz.cryptoid.info/42/#!rich

It's funny to see in a currency which consists in just 42 coins people who have 1, 2 or even 4 coins Smiley
The funnies part of it is that it still manages to have a value Smiley

Morning, Bounty!

Let's return to the issue of distribution -- it's seen as much less a concern than it was a few years ago. Note that the largest wallet has seen no movement in well over a year.

So, 'just 42 coins'? Well, yes and no: IMHO, it's a theme, a marketing perspective. Each 42-coin is as divisible as any other crypto. That is, we have an elegant sufficiency of units in the currency. For me, the real 'rareness' is the deflationary aspect.
vezpit
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May 11, 2018, 04:19:00 AM
 #1289

Interesting point about the 'deflation aspect' as eventually if the coin lasts long enough, it could in theory, disappear or at least down to the last transaction of 0.00000001.

Lasergun
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May 11, 2018, 12:03:15 PM
 #1290

Sorry I think I confused the issue.  I was talking about the conf. in the wallet.  I have several types of ASIC miners and have no issues with them.  It is about the conf. file in the wallet & how to tell if the daemon is running.  Many debug consoles have staking info.  This debug console only has 'getmininginfo' & it doesn't show if the daemon is set true or 1, false or 0.  I have set daemon in the config file to 1 & rpcallowip=127.0.0.1.

Do you want to stake with the daemon but you don't know how to check whether the stake miner is active or not?

If the daemon is respond to your commands, then it works.
If you start the daemon but forget to unlock it for staking, the search-interval in 'getmininginfo' will be zero (otherwise: 1).

Code:
"search-interval" : 0

- works until the first wallet lock.
vezpit
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May 11, 2018, 12:17:44 PM
 #1291

Sorry I think I confused the issue.  I was talking about the conf. in the wallet.  I have several types of ASIC miners and have no issues with them.  It is about the conf. file in the wallet & how to tell if the daemon is running.  Many debug consoles have staking info.  This debug console only has 'getmininginfo' & it doesn't show if the daemon is set true or 1, false or 0.  I have set daemon in the config file to 1 & rpcallowip=127.0.0.1.

Do you want to stake with the daemon but you don't know how to check whether the stake miner is active or not?

If the daemon is respond to your commands, then it works.
If you start the daemon but forget to unlock it for staking, the search-interval in 'getmininginfo' will be zero (otherwise: 1).

Code:
"search-interval" : 0

- works until the first wallet lock.


Thanks Lasergun.  Surprising how many **getmininginfo** variation  there are.  Looked in there & saw stakinginterest 0, was not sure if this was the indicator I needed.  The search-interval=0 did not mean anything to me.
All good now.  Many thanks.

IMZ
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May 11, 2018, 06:48:04 PM
 #1292

Interesting point about the 'deflation aspect' as eventually if the coin lasts long enough, it could in theory, disappear or at least down to the last transaction of 0.00000001.

Hey ya, vezpit!

Us long-time rare-crypto fans have discussed this one at length (and we gotta discuss a related issue: more units of crypto currencies are lost than most folks assume).

Anyway, if you really actually began running out of units, you'd just add a couple of decimal points. Then you'd re-code the wallets . . . and you're back in business for another five hundred years!
Than-Ioan
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May 11, 2018, 09:22:59 PM
 #1293

A great article! 6 Rules For Investing in Tokens in May 2018 https://albertmurphy.com/6-rules-bubble/
vezpit
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May 11, 2018, 10:11:45 PM
 #1294

Interesting point about the 'deflation aspect' as eventually if the coin lasts long enough, it could in theory, disappear or at least down to the last transaction of 0.00000001.

Hey ya, vezpit!

Us long-time rare-crypto fans have discussed this one at length (and we gotta discuss a related issue: more units of crypto currencies are lost than most folks assume).

Anyway, if you really actually began running out of units, you'd just add a couple of decimal points. Then you'd re-code the wallets . . . and you're back in business for another five hundred years!

42, often, when I viewed in the past looked a bit esoteric. Have been mining it now & caught the bug.  It would be worth an audit of the block-chain to see if some estimate of how many coins are actually left.  Dare say 10-20% are gone already.

IMZ
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May 12, 2018, 01:46:12 AM
 #1295

Interesting point about the 'deflation aspect' as eventually if the coin lasts long enough, it could in theory, disappear or at least down to the last transaction of 0.00000001.

Hey ya, vezpit!

Us long-time rare-crypto fans have discussed this one at length (and we gotta discuss a related issue: more units of crypto currencies are lost than most folks assume).

Anyway, if you really actually began running out of units, you'd just add a couple of decimal points. Then you'd re-code the wallets . . . and you're back in business for another five hundred years!

42, often, when I viewed in the past looked a bit esoteric. Have been mining it now & caught the bug.  It would be worth an audit of the block-chain to see if some estimate of how many coins are actually left.  Dare say 10-20% are gone already.

Whoo! I really like this area of discussion. And we might get Laser to teach us some technical stuff. But the short answer, vez, is that such an 'audit' would be, for a range of reasons, difficult and likely ineffective.

And 20% missing? quite likely. Doesn't worry me one bit! There's a bunch of theory here that I would like to see publicly discussed, but IMHO, right this minute:

Laser has crafted a unique instrument.

It is a 'seedling' requiring love and care, to get its roots deep.

The future of 42 lies 'outside,' in the real world, where the market for non-inflationary money (or 'commodity') is steadily growing.

IndiaMikeZulu



vezpit
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May 12, 2018, 01:50:55 AM
 #1296

Interesting point about the 'deflation aspect' as eventually if the coin lasts long enough, it could in theory, disappear or at least down to the last transaction of 0.00000001.

Hey ya, vezpit!

Us long-time rare-crypto fans have discussed this one at length (and we gotta discuss a related issue: more units of crypto currencies are lost than most folks assume).

Anyway, if you really actually began running out of units, you'd just add a couple of decimal points. Then you'd re-code the wallets . . . and you're back in business for another five hundred years!

42, often, when I viewed in the past looked a bit esoteric. Have been mining it now & caught the bug.  It would be worth an audit of the block-chain to see if some estimate of how many coins are actually left.  Dare say 10-20% are gone already.

Whoo! I really like this area of discussion. And we might get Laser to teach us some technical stuff. But the short answer, vez, is that such an 'audit' would be, for a range of reasons, difficult and likely ineffective.

And 20% missing? quite likely. Doesn't worry me one bit! There's a bunch of theory here that I would like to see publicly discussed, but right this minute:

Laser has crafted a unique instrument.

It is a 'seedling' requiring love and care, to get its roots deep.

The future of 42 lies 'outside,' in the real world, where the market for non-inflationary money (or 'commodity') is steadily growing.

IndiaMikeZulu





Guess it is a bit like an old rare coin or painting, except non-physical.  Maybe consider it a 'zephyr' as one can-not hold it or put on a wall or a in a jar.  O'my getting poetic, bit sad wot.

Kennedy3950
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May 12, 2018, 05:57:21 PM
 #1297

Promising project! Way to go! Good luck

M A E S T R O  ▾  Revolutionizing the Digital Music World  ▾  https://maestroproject.io/
IMZ
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May 12, 2018, 07:50:54 PM
 #1298

Interesting point about the 'deflation aspect' as eventually if the coin lasts long enough, it could in theory, disappear or at least down to the last transaction of 0.00000001.

Hey ya, vezpit!

Us long-time rare-crypto fans have discussed this one at length (and we gotta discuss a related issue: more units of crypto currencies are lost than most folks assume).

Anyway, if you really actually began running out of units, you'd just add a couple of decimal points. Then you'd re-code the wallets . . . and you're back in business for another five hundred years!

42, often, when I viewed in the past looked a bit esoteric. Have been mining it now & caught the bug.  It would be worth an audit of the block-chain to see if some estimate of how many coins are actually left.  Dare say 10-20% are gone already.

Whoo! I really like this area of discussion. And we might get Laser to teach us some technical stuff. But the short answer, vez, is that such an 'audit' would be, for a range of reasons, difficult and likely ineffective.

And 20% missing? quite likely. Doesn't worry me one bit! There's a bunch of theory here that I would like to see publicly discussed, but right this minute:

Laser has crafted a unique instrument.

It is a 'seedling' requiring love and care, to get its roots deep.

The future of 42 lies 'outside,' in the real world, where the market for non-inflationary money (or 'commodity') is steadily growing.

IndiaMikeZulu





Guess it is a bit like an old rare coin or painting, except non-physical.  Maybe consider it a 'zephyr' as one can-not hold it or put on a wall or a in a jar.  O'my getting poetic, bit sad wot.

Poetic is okay. Poetic is good.

I got pulled into the Theory of Money thing back in 2013, when a global shouting-match was going on: 'Is Bitcoin money?' And a pivotal part of this -- cryptos versus fiat currencies -- was the fact of inflation. Cryptos are/were thought of as non-inflationary; but actually, a lot of them aren't!!

Since then, an ever-changing form of this argument has continued; but for my money? for the mid-and-long-term? what Laser has launched here is one of the best-crafted crypto instruments I've seen; and all things being equal -- we have lots of work ahead of us -- Forty Two will drift slowly up in price.
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May 14, 2018, 09:59:36 AM
 #1299

Meanwhile, the staking Android wallet is available for download and test. It is a full wallet version, best fits on large screens.
Lasergun
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May 14, 2018, 03:58:53 PM
 #1300

Meanwhile, the staking Android wallet is available for download and test. It is a full wallet version, best fits on large screens.

Small fix. Please, redownload.
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