[ANN] 42-coin Development Discussion Thread

[Than-Ioan]

and Im curious,  I have 63 inputs with a weight of 140 on my mining info, is that ok?? what is an ideal range ?? and what does it mean?

140 is the total network weight of all inputs online. You can check the weight (Coin*Day) of your inputs in the "Minting" tab. The input is ready to generate the block when the CoinDay is ≥ 1. For example, calculation for input with 0.03 coins: 1d / 0.03 + 42hrs = 33.3 + 1.75 ≈ 35 - after 35 days the input with 0.03 42 will be ready to generate the block. Ideal range is from 0.03 to 0.003, but if your input is larger the wallet will automatically split it when this input will find the block. Also you can set up the desirable split threshold in your 42.conf file by adding this line: splitthreshold=1000000 (value in dents) - means that the inputs smaller than 0.010 will not be splited.

You are such a  good developer why you are 'stack' with this coin?

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[Than-Ioan]

https://coinmarketcap.com/currencies/42-coin/  WoW 

Volume (24h)
$1,051!!!!

[Lasergun]

and Im curious,  I have 63 inputs with a weight of 140 on my mining info, is that ok?? what is an ideal range ?? and what does it mean?

140 is the total network weight of all inputs online. You can check the weight (Coin*Day) of your inputs in the "Minting" tab. The input is ready to generate the block when the CoinDay is ≥ 1. For example, calculation for input with 0.03 coins: 1d / 0.03 + 42hrs = 33.3 + 1.75 ≈ 35 - after 35 days the input with 0.03 42 will be ready to generate the block. Ideal range is from 0.03 to 0.003, but if your input is larger the wallet will automatically split it when this input will find the block. Also you can set up the desirable split threshold in your 42.conf file by adding this line: splitthreshold=1000000 (value in dents) - means that the inputs smaller than 0.010 will not be splited.

You are such   good developer why you are 'stack' with this coin?

I did not develop anything new and I am not a programmer, 42 is my first experience. I was a trader who does not sell at a loss but stuck with illiquid coin... And then "you become responsible forever, for what you have tamed" (Antoine de Saint-Exupery).

[Than-Ioan]

When the price will go 0.1 I will start buy!

[sirslayer]

at least its a start for its share value.    I remembered on the old-chain it fluctuate around 2 btc per 42coin for almost a year.  When Cryspy folded over, the share value dropped. How can a coin share value be resistance to an exchanged closure? having it on another exchange like Cryptpia for an investor to say "thank the 42 gods" ? if I recall, their listings was priced alot lower compared to Cryptsy price for 42coins. well enough of that..         Lasrgun, its an idea and I dont know if its possible since I didnt see any aux-build on the current new chain wallet. is there any way to add merge mining addition to a local wallet so there is an incentive for home stakers??  current wallet with its a hybrid pos/pow if its possible to have an aux coin like for example dogecoin to be merged to the pow side of the wallet??   that would be nice if it can be done!!


Market Cap
$13,771
12 BTC

[Lasergun]

Lasrgun, its an idea and I dont know if its possible since I didnt see any aux-build on the current new chain wallet. is there any way to add merge mining addition to a local wallet so there is an incentive for home stakers??  current wallet with its a hybrid pos/pow if its possible to have an aux coin like for example dogecoin to be merged to the pow side of the wallet??   that would be nice if it can be done!!

There is a sense to switch to the merged mining only with the good secured pow coin such as litecoin (dogecoin also has a merged mining with the litecoin). But there will be not easy to deal with the pool operators (we will need 3-5 pools at least) to add 42 for mining because 42 is a "small" coin with no block reward...

[phatkiller]

Lasrgun, its an idea and I dont know if its possible since I didnt see any aux-build on the current new chain wallet. is there any way to add merge mining addition to a local wallet so there is an incentive for home stakers??  current wallet with its a hybrid pos/pow if its possible to have an aux coin like for example dogecoin to be merged to the pow side of the wallet??   that would be nice if it can be done!!

There is a sense to switch to the merged mining only with the good secured pow coin such as litecoin (dogecoin also has a merged mining with the litecoin). But there will be not easy to deal with the pool operators (we will need 3-5 pools at least) to add 42 for mining because 42 is a "small" coin with no block reward...

Question/idea What are you doing with the remaining coins that weren't swapped ? You could add AuxPOW then write a script that sends one transaction with 0.000042 POW mining fee every block with the remaining 42 coins.  It'll entice miners with the fee and make the remaining distribution of the coins fair.  Obviously this would be a lot of work like i said just an idea i didn't do math on any of this just example.

[Lasergun]

Question/idea What are you doing with the remaining coins that weren't swapped ?

The swap is not finished. There are some people with the old coins who missed the process, they can still swap them. The last one was last week with 1 coin (tx id: 33cda966a96e059d76aa79d51c7f3157e861e3142b9705c0cbc77907b6944943).

You could add AuxPOW then write a script that sends one transaction with 0.000042 POW mining fee every block with the remaining 42 coins.  It'll entice miners with the fee and make the remaining distribution of the coins fair.

Will it be fair to people like pirroniky:

pirronik3000 address is  4SmFFXyW9iFFuyJ4LsxmAvdyeqqe7bGVeh   i've sent 0.44 old 42 coin

What will happen when these coins run out? How will the network work? Will the miners drop these coins on exchange or will support the network by staking? Will they donate to development, to order a new exchange, etc..?
The current situation is that only 15% of all holders take a part in PoS generation (~90% by 4VsEs7wqRpoiTpmqViWRtse1P3CNgvBw4g) and less than 5% support the network by PoW mining...

[panda111]

Now, you maybe understand the' funny swap'.../ 0 concept.. thats all.
anyway I wish you good luck.
By the way ,how many the old 42 is there left ?
Well it is not about the image....

[Lasergun]

Now, you maybe understand the' funny swap'.../ 0 concept.. thats all.
anyway I wish you good luck.
By the way ,how many the old 42 is there left ?
Well it is not about the image....

Thank you. There should be around 42 old coins (together with the 9 coins on my Cryptopia account) - a good chance to swap back your old 42 until it's too late...  

[panda111]

 If you have 9 coins in cryptopia ,maybe I can bay ...it is always only about the prize. And  why you not swapping the nine for the new ones ?

[Lasergun]

If you have 9 coins in cryptopia ,maybe I can bay ...it is always only about the prize. And  why you not swapping the nine for the new ones ?

These coins are already swapped but not yet burned because of the maintenance on the old 42 wallet. I can not sell them, only swap back.

[AmoreJaz]

If you have 9 coins in cryptopia ,maybe I can bay ...it is always only about the prize. And  why you not swapping the nine for the new ones ?

These coins are already swapped but not yet burned because of the maintenance on the old 42 wallet. I can not sell them, only swap back.

hi guys ... so sorry for comming late in the game but i have a very close friend that does not speak english and needs some help swapping his old coins for the new ones.... how to go about it and with who what where and how? thanks so much !

[Lasergun]

hi guys ... so sorry for comming late in the game but i have a very close friend that does not speak english and needs some help swapping his old coins for the new ones.... how to go about it and with who what where and how? thanks so much !

1. Send me a copy of your wallet.dat file to the email or via tox (ID:D19164B797BD2574CA281BFD938CF02EF61E3CDC8A11E48768FE13920765EE7295257B896D1B) together with your new chain wallet address.

2. I will check your wallet and send your old coins to the burn address 4K7Q8XHw6vb8v25jBMQJvBYDJ71jJybzhG (why it is burn: https://bitcointalk.org/index.php?topic=144158.0).

3. When the transaction will be confirmed by the network, I will send to your new chain wallet address: burned amount/2 - tx fee coins from this address: 4VsEs7wqRpoiTpmqViWRtse1P3CNgvBw4g.

[AmoreJaz]

hi guys ... so sorry for comming late in the game but i have a very close friend that does not speak english and needs some help swapping his old coins for the new ones.... how to go about it and with who what where and how? thanks so much !

1. Send me a copy of your wallet.dat file to the email or via tox (ID:D19164B797BD2574CA281BFD938CF02EF61E3CDC8A11E48768FE13920765EE7295257B896D1B) together with your new chain wallet address.

2. I will check your wallet and send your old coins to the burn address 4K7Q8XHw6vb8v25jBMQJvBYDJ71jJybzhG (why it is burn: https://bitcointalk.org/index.php?topic=144158.0).

3. When the transaction will be confirmed by the network, I will send to your new chain wallet address: burned amount/2 - tx fee coins from this address: 4VsEs7wqRpoiTpmqViWRtse1P3CNgvBw4g.

ok thank you. i will inform him and will get this done... thanks

[Lasergun]

Android wallet is delayed, but we have ready paper/brain wallet generator for 42: https://42-address.github.io. For the best security is recommended to download .zip package, extract and using this software on a computer that is offline, and stays offline.

[Lasergun]

Please, support 42 by your donating or voting:
livecoin.net: https://www.livecoin.net/voting/index?vote=42-coin - total 10 votes // You have one free vote each month!
c-cex.com: https://c-cex.com/?id=vote&coin=42 or send BTC to: 1ECHsT7o3yZTGiCJu8bKeKrzSXkP12zNv7 - total 22 votes
mercatox.com: https://mercatox.com/coins/list - total 23 votes // New exchange! Only free voting!

[Lasergun]

https://techannouncer.com/interview-with-42-coin-a-pospow-coin-with-public-and-anonymous-transactions/

[sirslayer]

lasergun , i assumed you were the one who being interviewed ? it didnt see a name..  its a start..   but not bad


 also i ordered a new modem and should be here any day..  i miss being a 42-coin node...   

[Lasergun]

lasergun , i assumed you were the one who being interviewed ? it didnt see a name..  its a start..   but not bad   

Some answers (1,2,5) are from the article that was initially planned but not released because of the price that was asked for it publishing.

I need somebody who can help me with the article. We need to edit or write a new one instead of this: http://bitcoinlasvegas.net/42-coin-the-revival-big-changes-coming-soon/.