[MOON] Mooncoin 🌙 Proof-of-Work, launched in 2013

[shrimpdigger]

This is the same moon coin from 2014 yea?

The same indeed, how high in the btc markets did moon rise back then can ya recall?

[coinflow]

This is the same moon coin from 2014 yea?

The same indeed, how high in the btc markets did moon rise back then can ya recall?

31 sat: http://coinmarketcap.com/currencies/mooncoin/#charts
(zoom in via the sliders below the chart)

[Morticio]

people already buy at 2 sat on novaexchange, 1.3 bitcoin to go on bluetrade and 1 sat are done!!!

[isleofmoon]

Hey - Newbie here...

I just opened an account at novaexchange.

They recommend me to "enable MFA" on my account.

To "activate" Google Authenticator (MFA / 2FA),

they ask me to enter my "MFA code"

BUT, I have no clue how to find my MFA code.

Any advice how I can do this?


Thanks!

hey my friend, use 2FA on every account you have, incl your email, strong passwords etc etc. When you see MFA its the same as 2FA, that confused me once pretty good.
Buy Moon, Hold Moon, Welcome to Mooncoin.    Shes better than Doge in my opinion, no reason Moon cant one day be 1/2 or even a similar value.
Well done Dev on last lot of moonworks. Its midnight his time, maybe i could throw a rock on his roof or we just wait.

My problem is that I'm a newbie to "2FA" too!  

So, my MFA Code is the same as my "2FA" ?

But, I still don't know what they want me to type in, or how to "enable" this.

Anything else you can tell me?

Thanks.

Maybe this helps to clear it up a little bit?
https://en.wikipedia.org/wiki/Multi-factor_authentication

2FA or MFA via phone means that you are required to input a code that your phone generates, to prove to the website, that you are really the one allowed to access the account. This is usually done via an app. But it could also be had via an SMS, the website sends to your registered cellphone number. So you can look at the SMS and type in the code to get access.

Many sites use Google authenticator: https://en.wikipedia.org/wiki/Google_Authenticator

Thanks for the additional info. I understand it now...

BUT, there don't seem to be any step-by-step instructions for setting it up in NovaExchange, other than asking you to enter the damn code.

I don't know what else to do ... other than sending them an e-mail for further instructions.

This is so goddamn frustrating!!!!!!!

Maybe this part from https://en.wikipedia.org/wiki/Google_Authenticator is relevant:

To log into a site or service that uses two-factor authentication, the user provides user name and password to the site and runs the Authenticator app. The app displays an additional six-digit one-time password and transmits it to the site, which asks the user what that password is.

It says: "the user provides user name and password to the site and runs the Authenticator app"

So, is this "Authenticator app" suppose to be on my phone already - or is this something I need to download and run on my phone?

I feel I'm getting closer to the solution one millimeter at a time.

You help is appreciated.

Hi, You need to install the google authenticator app on your phone.
With that app you can scan the QR code on nova.
The app will give you a 6 digit MFA code every 30 seconds or so.
Enter that code to for in nova.
Also I believe you also need to enter your normal nova password, and maybe your pin.

That was it.  

I didn't even know I needed to do this app thing! (BTW, First time I ever downloaded an app! That's how primitive I am with this stuff!)

Thank You Very MUCH!!!

[coinflow]

$150000 volume ... 

[isleofmoon]

Thanks for your help....

shrimpdigger - coinflow - whatever48

For helping me, I'll send each of you 25,000 Moon each,

if you let me know where to send them!


Thanks,
IsleOfMoon

[Wekkel]

Encouraging to see this community fighting for its place in the Network.

[whatever48]

Thanks for your help....

shrimpdigger - coinflow - whatever48

For helping me, I'll send each of you 25,000 Moon each,

if you let me know where to send them!


Thanks,
IsleOfMoon

You are welcome!
That is very kind of you, but maybe you can donate it to the a foundation or fund that is used for funding mooncoin developments and marketing?
I don't even know if there is such fund, if so I would be happy to chip in some moons myself too.

[midmir]

Mooners, contact the Chinnese exchanges and Cryptopia in order to add Mooncoin 

[coinflow]

Thanks for your help....

shrimpdigger - coinflow - whatever48

For helping me, I'll send each of you 25,000 Moon each,

if you let me know where to send them!


Thanks,
IsleOfMoon

You are welcome!
That is very kind of you, but maybe you can donate it to the a foundation or fund that is used for funding mooncoin developments and marketing?
I don't even know if there is such fund, if so I would be happy to chip in some moons myself too.

Thanks from me, too. Maybe best to send to the dev (barrysty1e). Please donate my part to him also.
James (barrysty1e), Mooncoin_Foundation ...?

[Evangelo]

Ever since the ad campaigns begun sometime ago on Facebook, the responses have become more and more consistent. So again, if there is anyone interested in assisting with marketing, advertising, etc., please pm me so we can converse. We are starting to receive messages on a daily basis 

[coinflow]

200000 USD volume.

[Sentti]

Looking nice Mooncoin!

Dogecoin has 400 MILLION dollar market cap - Mooncoin 10 million..I think there is a lot of space to move up with Mooncoin! 

[Evangelo]

Oh i see thanks

Yes, I'm currently hashing about 2.50 MH, however, the lower the hashrate, the longer the it takes to find a block reward, on the other hand, the higher the hashpower, the quicker the reward. Ex, when I hashed at 250 MH, I received a reward about every 30 minutes, roughly 120,000 Moon.

Is there a way to give an estimate as to how much hash power mooncoin needs to prevent the chain grinding to halt every once in a while? Of course transactions will go through but the 90s block time is not met currently with current hash power. Is it some kind of multi pool that switches to moon coin for very short periods of time?

That's a great question, I'm not sure. However, a little over a week ago I was hashing 1 GH for 18 hrs, I recall the block chain moving a lot faster during that period. But it would be nice to find what hashrate is required to keep the chain moving efficiently without over paying.

It's not about the hashrate as such. It is all about how constant the hashrate is kept (that's why it went OK, when you dedicated 1 GH/sec., as this is already expensive for the current price, so the big hopping miners don't dare to mine and keep away).
The problem at the moment is, that big miners switch on to the Moonchain if the difficulty is low, so the next three to ten blocks are found within a minute or two. Then the algo raises the difficulty to adjust the block time back to 90 seconds on average. As soon as the big miner (farm) realizes this, they hop to the next coin to take advantage of the low diff on that chain. They run scripts to constantly check, which coin is the cheapest for them to mine at any given time. The much smaller miners with 2-10 MH/sec. or so then have to mine at the high difficulty, until they find the next block and the algo can calculate the next (much lower) difficulty for finding the next block. Finding the next block after the biggies dropped Mooncoin takes a long time now, of course, because the hashrate is much lower. However, just in that moment the script of the biggies has already recognized the dropped difficulty, too and they jump on again. And the game starts over and over again. They will, however, only dedicate just as much hashrate as needed to get some cheap rewards, so it does not matter, if the hashrate is low or high, it is all only relative - for them; they have enough horsepower and the calculation-scripts to drive Mooncoin crazy with this, even with the improved DigiShield which is already faster than the previously used KGW. They just calculate the right amount to mine as cheap as possible and off they are until it's cheap (for them) again. That is what we can see at the moment. This would only end, if Mooncoin gets in to Litecoin-spheres, with hashrates so high. that no one of those biggies is relevant anymore and the hashrate is nearly constant over long periods of time, because joining and leaving miners of any size nearly don't matter. That is exactly why we need to think PoW over and switch to PoS - or at least change the algo to something that prevents ASICs from distrubing MOONs blockchain. There's a reason why so many coins don't use scrypt anymore nowadays or have switched to PoS or a combination of PoW and PoS.

Understood, so until POW/POS or another algo is implemented, is there anything that we could do other than over pay for mining to keep constant movement? As the Moon community grows I'm sure there are some temporary options right?

At the moment there are three options:

1. Buy MOON to drive the price up, so that many, many more miners will start to mine MOON, as it gets profitable for them
2. Rent hashing-power (scrypt) at www.nicehash.com or www.miningrigrentals.com and point this to a Mooncoin-pool
3. If you are a miner and believe in the future of Mooncoin, point your miner to one of the pools, even if it may not be your most profitable target-coin and keep the coins, until the price has risen drastically and one can profit from that

The pools:

http://moonrush.org
http://aikapool.com
http://multipool.us
https://hash-to-coins.com
http://5.45.105.66:9664 (P2Pool)
http://mining.securepayment.cc
www.mining-dutch.nl
www.coincave.nl

Awesome, thanks for the breakdown !

[Morticio]

moon #92 at coinmarketcap!! top 100!

[midmir]

moon #92 at coinmarketcap!! top 100!

I was writing the same  
$14Mil cap and Moon is back where it belong.

[regecide1]

This again? I already sold out at 10 satoshi 2 years ago, then the next day it got pump and dumped to 1400 satoshi. I aint playing this game again.

[jetxm]

Someone can recommend me what asic i need to buy so i can mine and support mooncoin?

[jouzads]

3 satoshi !

[metamorphin]

3 satoshi !

the good old days...

We have some japanese here?

Greetz
Steve