erdanis
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Activity: 97
Merit: 10
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July 05, 2017, 03:29:47 PM |
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Hi, Is there any intelligent mining?., because I see sometimes the network with high hash rate and then down when difficult increase. Is only my question I'm not an expert.
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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danrachita
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Activity: 605
Merit: 10
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July 05, 2017, 03:41:18 PM |
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Hi, Is there any intelligent mining?., because I see sometimes the network with high hash rate and then down when difficult increase. Is only my question I'm not an expert.
Yes it is. Can read here about creation of algorithm. BR. https://github.com/sumoprojects/sumokoin/pull/10 |
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BonaparteN
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Activity: 2
Merit: 0
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July 05, 2017, 08:02:02 PM |
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How is it private and untraceable, when sumokoind outputs all node IPs? Same mistake was made by PIVX, which is now being critisized for storing IPs in logs.
It's not too late to address this issue.
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sumogr
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July 05, 2017, 08:53:29 PM |
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How is it private and untraceable, when sumokoind outputs all node IPs? Same mistake was made by PIVX, which is now being critisized for storing IPs in logs.
It's not too late to address this issue.
I am not a dev but here goes my explanation based on my very limited knowledge ( I bet a dev will give the right explanation later ) The two coins cannot be compared because PIVX runs on masternodes, while sumokoin being a fork of monero runs on a network of equal nodes. There might be 100 sumokoin nodes but a million users. This doesnt mean that you can trace transactions. Maybe this will help you https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.phpEspecially this part (Decentralized: All Monero nodes are equal. There is no superclass of nodes which have more influence or control over transactions than other nodes. No person or entity can trace transactions by owning multiple nodes. Additionally, there is no trusted setup. This means that the need to trust a person or entity is not a factor. The only things that need to be trusted are the source code (which can be verified by anyone) and math.) |
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Bierbam
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Activity: 36
Merit: 0
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July 05, 2017, 09:54:09 PM |
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How is it private and untraceable, when sumokoind outputs all node IPs? Same mistake was made by PIVX, which is now being critisized for storing IPs in logs.
It's not too late to address this issue.
I am not a dev but here goes my explanation based on my very limited knowledge ( I bet a dev will give the right explanation later ) The two coins cannot be compared because PIVX runs on masternodes, while sumokoin being a fork of monero runs on a network of equal nodes. There might be 100 sumokoin nodes but a million users. This doesnt mean that you can trace transactions. Maybe this will help you https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.phpEspecially this part (Decentralized: All Monero nodes are equal. There is no superclass of nodes which have more influence or control over transactions than other nodes. No person or entity can trace transactions by owning multiple nodes. Additionally, there is no trusted setup. This means that the need to trust a person or entity is not a factor. The only things that need to be trusted are the source code (which can be verified by anyone) and math.) Just to add(also just a user): Like there is anything untraceable, you can only increase the effort needed.  Do you mean e.g. the bitmonero.log for the current windows version or anything else? Oh sorry but sumokoin.log is similar. That one stores the prompt command line so the only IP's should be from sync and if you banned one. For linux I didn't bother to look,my systems have a short live span till next wipe as should be standard. If I would need the IPs I expect my ISP has a better log file than I could ever imagine. ^^ |
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sumogr
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July 05, 2017, 09:58:18 PM |
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Cryptopia has withdrawal issues. I have two sumo withdrawals stuck in two different accounts.
Opened two support tickets and waiting for them to be reprocessed.
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billaue
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Activity: 119
Merit: 10
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July 06, 2017, 10:41:42 AM |
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I think it should be faster out of the GUI wallet, we wait patiently  Final version is being tested (on Slack for beta testers). If there are no serious problems, we'll post here tomorrow. |
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rowenta01
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July 06, 2017, 11:42:51 AM |
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Excellent news! Thanks for the news!
Next step, build a strong community by opening the slack, it would be great ..
Rowenta01
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Report to moderator __◣ Stake.com ◥ Stake v2 Now live! 12+ Gamemodes | Provably Fair | Daily Giveaways |
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erdanis
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Activity: 97
Merit: 10
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July 06, 2017, 01:14:17 PM |
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I'd like to get into slack group.
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bzyzny
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July 06, 2017, 01:16:37 PM |
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I'm liking this coin, looking forward to the GUI wallet and future developments. Regarding IP addresses of nodes: yes this is a potential privacy issue, but only in that an observer can see the IP addresses of the nodes. It does not affect the privacy of transactions. Also if a user wishes to hide the fact they are running a node, they can use a VPN or Tor. However a nice feature to add would be tor integration, so that nodes communicate using .onion addresses. This has been done by a few coins, such as XSPEC. Its not really necessary, but is a convenience. However pool miners would still be revealing their IP addresses, and using tor for that might affect the network due to increased latency. Using a VPN to hide your IP is easiest solution.
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kuky004
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July 06, 2017, 01:44:02 PM |
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I'd like to get into slack group.
I also want to go in  |
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bitcoingue
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Activity: 70
Merit: 10
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July 06, 2017, 03:26:28 PM |
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I think it should be faster out of the GUI wallet, we wait patiently Final version is being tested (on Slack for beta testers). If there are no serious problems, we'll post here tomorrow. Thanks for the info. Fingers crossed  |
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sumogr
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July 06, 2017, 04:51:24 PM |
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I think tonight is the last chance to buy cheap. The point of no return
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bitcoingue
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Activity: 70
Merit: 10
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July 06, 2017, 05:23:52 PM |
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I was thinking the same thing myself, 8000 sat is a ridiculously low price...
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erdanis
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Activity: 97
Merit: 10
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July 06, 2017, 07:23:01 PM |
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I think tonight is the last chance to buy cheap. The point of no return
why you think that?. |
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Germining
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July 06, 2017, 07:56:26 PM |
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What do you know, the rest of us does not?!? |
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sumogr
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July 06, 2017, 08:19:22 PM |
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What do you know, the rest of us does not?!? Nothing. We are just waiting for the devs to release the GUI wallet tomorrow |
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finnovatie.nl
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Activity: 100
Merit: 10
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July 06, 2017, 09:37:04 PM |
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What do you know, the rest of us does not?!? Nothing. We are just waiting for the devs to release the GUI wallet tomorrow Would the GUI wallet give this coin such a big impact? |
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