[ANN] Iridium (IRD) - People are Power - Community build crypto

[fiatlux]

I will buy your IRD
1000 ird = 1 $
PM
 

HAhahhaha

Your price?

1 IRD = 1 $

So i can sell 1980 ird for 1000 $. Are you buying?

[suports]

1 IDR = 0.15 $ selling

[nanona]

Here is a friendly advice to all the "OMG THIS COIN IS DEAD BECAUSE NO EXCHANGE" posters. If you desperately need a few bucks, don't wait for this coin to hit the exchange. You can make them faster by going into the next park and collecting empty plastic bottles. Return them to the shop and collect the deposit. Seriously, you will get some fresh air into your lungs and it helps the brain as well. You'll feel much better because you have really contributed something meaningful to society.

[TheKingInYellow]

Anyone else having an issue with the wallet suddenly not connecting to the wallet file? Or, well, any wallet file?

[Attractor]

Here is a friendly advice to all the "OMG THIS COIN IS DEAD BECAUSE NO EXCHANGE" posters. If you desperately need a few bucks, don't wait for this coin to hit the exchange. You can make them faster by going into the next park and collecting empty plastic bottles. Return them to the shop and collect the deposit. Seriously, you will get some fresh air into your lungs and it helps the brain as well. You'll feel much better because you have really contributed something meaningful to society.

You're goddamn right)
The first meaningfull post last days

[fiatlux]

1 IDR = 0.15 $ selling

ok, can you buy my 1928IRD for 288$ ?

[Attractor]

I will buy your IRD
1000 ird = 1 $
PM
 

HAhahhaha

Your price?

1 IRD = 1 $

So i can sell 1980 ird for 1000 $. Are you buying?

I'm selling too)

[aleksa768]

why today such high difficulty?

[Blasphemer]

Selling my 25000 IRD for 0.5$ each, lol

[Vova1234]

Who drives the difficulty of the coin? Are there any other pools?

[nanona]

why today such high difficulty?

Because someone hired the nicehash botnet and then stopped before the difficulty exploded. Now the permanent miners pay the price for those grabbed coins, because the difficulty adjustment is incredibly slow and delayed. Currently it takes 9 hours for 20 blocks to be mined. It should be 1 hour. So the miners receive 9 times less coins than they should. Read through the last two months of this thread. Old problem.

Height    Maturity    Difficulty    Block Hash    Time Found    Luck
40127   20 to go   44045619   0ee13cb5f15ebd4434192cb59abf27f3c7ab1c9f916f49fbcbe3bf27177e5429   11/26/2017, 9:50:27 PM   5%
40126   19 to go   44179717   f32651a4f5972c7b35767aef8724f4cf5f4e4325837e2464c82a48322e020b0f   11/26/2017, 9:23:45 PM   -68%
40124   17 to go   45469964   d07ba437f3903bdf34a68de133f15c3377df822824def1dcd48dca20e27c95ce   11/26/2017, 7:40:00 PM   -42%
40123   16 to go   46053109   adaff29ba568a2a803b692233aa48a138bd3c6e7e68ead66efcd741dd736bb04   11/26/2017, 6:40:56 PM   78%
40122   15 to go   45881365   40de6b3416076ba37f37ee7a866fed8adc12a38110b025a2588b3444e9d430db   11/26/2017, 6:34:20 PM   -23%
40121   14 to go   45576263   aaaa33c9660cd277e6aac06f56fd0ee61ad945d81c25124189281c509acbcc17   11/26/2017, 5:54:31 PM   -39%
40120   13 to go   45297678   c6bc072b651bb77f4ea1e551e7e7a4188125c4611a389ddfd02b4427eea9638a   11/26/2017, 5:03:53 PM   -74%
40117   10 to go   45041070   2b7a10430affb8ec3d2bba4f54055a97f5fbb5060d6411089e1a5e87e62a4cdb   11/26/2017, 3:38:34 PM   18%
40115   8 to go   44300841   b89c479b26d5dc163ff521cb5035b40836f89e962d5b6d6a3aafdf5fae11a4b1   11/26/2017, 3:25:11 PM   42%
40114   7 to go   44308406   1f373b785a3c6cf482a0292332d40cdc97cb95d60a441dff1de6a6b897eeb3c4   11/26/2017, 3:17:54 PM   6%
40113   6 to go   44102457   daf52fa2678aaf9bc885a0b94231cac44d62b23de102cd643351a98f0b17cac5   11/26/2017, 3:01:08 PM   74%
40112   5 to go   44239594   8bb54d14fcb317fed9ae561f9177055f247a0735aaee3235d638f11fa06fbb5c   11/26/2017, 2:57:17 PM   -43%
40111   4 to go   44063443   957d9aa43cd44145241eda71832713244201155efb28d2a1f5e5f3c1e7a028f0   11/26/2017, 2:27:04 PM   -67%
40110   3 to go   43840623   ee5048a903ec6295a7dd5c5beb7b147c2f32301440508d45b2f757ee8620f29f   11/26/2017, 1:09:53 PM   52%
40108   1 to go   43333796   9c9d678390cbcda446e2aa6aca29a173a5b6902368d6ca4a8132d08949f15df7   11/26/2017, 12:54:22 PM   75%

Who drives the difficulty of the coin? Are there any other pools?

No, the attack happened like always through the mine77 pool. The owner obviously doesn't care as he explicitely invites the bots by offering them a dedicated port.

Port: 8888
SSL/TLS Port: 8899
Fixed Difficulty: 400000
Description: NiceHash

The 5 blocks missing on mine77 are on irdpool:

Height    Maturity    Difficulty    Block Hash    Time Found    Shares/Diff
40125   18 to go   45208275   459b92a79ef09ffcd55124ed424d16e7640590b8e70b2362145763830b54183e   11/26/2017, 8:13:16 PM   274%
40119   12 to go   45153669   6501a6c679cfebeedd5a5a000b9a30a5e6d7a7d0b060f3ccc781b48772615ddd   11/26/2017, 3:56:42 PM   4%
40118   11 to go   45188745   5a54e429b558466017e6cee5c66199a7a30d3862828212cdf98b1f1062501767   11/26/2017, 3:53:20 PM   15%
40116   9 to go   44437803   25a38ee789271bfe294a4b3cec828497bf64d4e20f5231c1a0e0e4eaf8995dcf   11/26/2017, 3:36:22 PM   163%
40109   2 to go   43626961   007b6ec0004682485cc42c501e6fba11270ffeba396b7ca5b28bacb743974365   11/26/2017, 1:00:53 PM   53%

So there is no other hashrate and no other pools effectively contributing at the moment.

The 20kH/s on mine77 and the 5kH/s on irdpool are now wasting their electricity to bring down the difficulty to the correct level. It will take several days.
Once it is down again, the idiot with the nicehash botnet will come again and rape the chain.

If you scroll back through the blocks history you will see how the blocks were flying yesterday, basically 60 blocks per hour and more.

@devs: Instead of switching to the DAA which Masari implemented, which is the one that Sumokoin implemented, what about using the one which Bitcoin Cash implemented recently? The Masari/Sumokoin one is good at adjusting up quickly when an instamining attack starts, but it is pretty bad then at adjusting down again, i.e. it leaves the difficulty high way too long after the attack stopped despite blocks being very very slow. Almost as bad as the original one Iridium still is using. The BCH DAA was thoroughly tested in many simulations and should work well.

[nanona]

Selling my 25000 IRD for 0.5$ each, lol

I mined DCR from the launch and when it hit the first exchange very soon afterwards it had immediately a value of $0.5 and this was in Feb. 2016 and hence long before the Spring 2016 and then Spring 2017 price explosion of crypto in general.
Today it passed $60. I mined thousands of DCR in the first few months. Of course I sold off steadily during 2017, otherwise the coins mined then would have made me half a million USD today. Only to show an example of what is realistic and to shut up the whiners with their COIN IS DEAD idiocy. Everyone can go to the DCR thread and see how the same kind of people spammed it with the exact same COIN IS DEAD messages for the entire year of 2016. Some of them are literally obsessed with posting such crap, they have no life. Like some autists posting the same dumb message over and over for months.

[JungleOnion]

I barely got to mine 1,000 IRD but I like the specs of the coin, it has lots of potential if people would take interest in it, but sadly with all this hashrate drama no one will want to suport a coin where a whale is making mining unfair, specially when mining is the ONLY way to generate coins. I don't know how to contribute but I think the only thing to do is change the algo structure of the coin and take it from there.

[nanona]

Currently very slow network. 10 full hours for finding the last 20 blocks.

mine77:
Height    Maturity    Difficulty    Block Hash    Time Found    Luck
40136   20 to go   41699480   93abaec5ed8f43881d09fc01248593048b1b341c0d57ebe328cd28c999cfb26e   11/27/2017, 1:27:52 AM   -27%
40134   18 to go   42091143   91c5be5199f9ad0cadd23aca494d2f57ad8fe64fb12c1f6d5bec70f4b124ad58   11/27/2017, 12:42:13 AM   -29%
40133   17 to go   42334640   86a2ae258c5c9f633aeddaf2aa7f88847fbd1dbc809da93274cc53c8c848bbf9   11/26/2017, 11:52:46 PM   -35%
40130   14 to go   42975926   60025f051dd848f2b7676c6250f717e98e92d9b8552660f199d98f3db8c26970   11/26/2017, 11:03:11 PM   -52%
40127   11 to go   44045619   0ee13cb5f15ebd4434192cb59abf27f3c7ab1c9f916f49fbcbe3bf27177e5429   11/26/2017, 9:50:27 PM   5%
40126   10 to go   44179717   f32651a4f5972c7b35767aef8724f4cf5f4e4325837e2464c82a48322e020b0f   11/26/2017, 9:23:45 PM   -68%
40124   8 to go   45469964   d07ba437f3903bdf34a68de133f15c3377df822824def1dcd48dca20e27c95ce   11/26/2017, 7:40:00 PM   -42%
40123   7 to go   46053109   adaff29ba568a2a803b692233aa48a138bd3c6e7e68ead66efcd741dd736bb04   11/26/2017, 6:40:56 PM   78%
40122   6 to go   45881365   40de6b3416076ba37f37ee7a866fed8adc12a38110b025a2588b3444e9d430db   11/26/2017, 6:34:20 PM   -23%
40121   5 to go   45576263   aaaa33c9660cd277e6aac06f56fd0ee61ad945d81c25124189281c509acbcc17   11/26/2017, 5:54:31 PM   -39%
40120   4 to go   45297678   c6bc072b651bb77f4ea1e551e7e7a4188125c4611a389ddfd02b4427eea9638a   11/26/2017, 5:03:53 PM   -74%
40117   1 to go   45041070   2b7a10430affb8ec3d2bba4f54055a97f5fbb5060d6411089e1a5e87e62a4cdb   11/26/2017, 3:38:34 PM   18%
40115      44300841   b89c479b26d5dc163ff521cb5035b40836f89e962d5b6d6a3aafdf5fae11a4b1   11/26/2017, 3:25:11 PM   42%

The other blocks are on irdpool and ird.uvac.

Height    Maturity    Difficulty    Block Hash    Time Found    Shares/Diff
40132   16 to go   42868013   f7f4ea190822ced3de95a695bc2f69ee0edbbdebfa2f75427522b641dd1dc4e2   11/26/2017, 11:20:22 PM   11%
40131   15 to go   43190855   6aaf67ceff1829d0489a10c636a9f46f2c29db3fa6c3511379006232c474def8   11/26/2017, 11:04:17 PM   10%
40129   13 to go   43000817   7bd73a796fb7f144a2e86bb872aea2cbd9bc55e61c9c36bb2ad5757458275439   11/26/2017, 10:50:54 PM   3%
40128   12 to go   43923566   de7b87ba04c8dc02c5ee39cae28e9ac0126968fc7f87b8789fc4df1f1fd9c327   11/26/2017, 10:48:02 PM   128%
40125   9 to go   45208275   459b92a79ef09ffcd55124ed424d16e7640590b8e70b2362145763830b54183e   11/26/2017, 8:13:16 PM   274%
40119   3 to go   45153669   6501a6c679cfebeedd5a5a000b9a30a5e6d7a7d0b060f3ccc781b48772615ddd   11/26/2017, 3:56:42 PM   4%
40118   2 to go   45188745   5a54e429b558466017e6cee5c66199a7a30d3862828212cdf98b1f1062501767   11/26/2017, 3:53:20 PM   15%

Height    Maturity    Difficulty    Block Hash    Time Found    Luck
40135   19 to go   41605152   88bb26aed62b68df2b9177abe68d754528ac32d74376ea0a61ffd4d351b3754c   11/27/2017, 1:21:42 AM   -38%

Currently a total of 35kH/s fighting against a difficulty of 41.7M. With 35kH/s and 180s desired block time the difficulty should be around 6.3M or 6.6x smaller than it is now.
With 20 blocks in 10 hours (instead of 1 hour) the blocks come actually 10x slower (not 6.6x) but this is due to the additional bad luck streak of mine77, see above.

[Attractor]

Will devs implement new difficulty adjustment algorithm?

[h0h0h0]

If you think we can do half as well as SIGT – the only other mainstream no-premine altcoin in the last couple quarters (I think it’s fair to call us mainstream at 50+ forum pages) – then we would get a market cap of US$1.3 million in the short term.  That means price will eventually be close to $1/IRD, but it won’t launch like that.  Expect it to launch much lower (maybe 50 cents/ IRD) especially if it launches on a low volume exchange like SouthXchange, and build up to $1/IRD over a few months.

I think this is reasonable because we don't have any of the drama around SIGT and we definitely have as-strong or stronger community, but we don't have a flashy new algo.  So saying we can do half their market cap in a few months seems like a reasonable way to get low-end estimate of potential (and I'm suggesting we will launch at half of that potential, so 50 cents/IRD).

Agreed.  Jump on the discord.  You sound reasonable.

[winzeny]

Normal difficult its back but reward reduced 3%.

[Vova1234]

If I start node on the server writes "Failed to connect to any of the seed peers"

Where is the mistake? And how to fix it?

Logs:

2017-Nov-28 05:26:15.976366 INFO    Attempting to add IGD port mapping.
2017-Nov-28 05:26:19.980428 INFO    No IGD was found.
2017-Nov-28 05:26:19.980539 INFO    P2p server initialized OK
2017-Nov-28 05:26:19.980662 INFO    Starting core rpc server on address 127.0.0.1:13007
2017-Nov-28 05:26:19.980790 INFO    Core rpc server started ok
2017-Nov-28 05:26:19.980846 INFO    Starting p2p net loop...
2017-Nov-28 05:26:19.980892 INFO    Starting node_server
2017-Nov-28 05:26:59.984466 ERROR   Failed to connect to any of seed peers, continuing without seeds

[BobTrade]

If you think we can do half as well as SIGT – the only other mainstream no-premine altcoin in the last couple quarters (I think it’s fair to call us mainstream at 50+ forum pages) – then we would get a market cap of US$1.3 million in the short term.  That means price will eventually be close to $1/IRD, but it won’t launch like that.  Expect it to launch much lower (maybe 50 cents/ IRD) especially if it launches on a low volume exchange like SouthXchange, and build up to $1/IRD over a few months.

I think this is reasonable because we don't have any of the drama around SIGT and we definitely have as-strong or stronger community, but we don't have a flashy new algo.  So saying we can do half their market cap in a few months seems like a reasonable way to get low-end estimate of potential (and I'm suggesting we will launch at half of that potential, so 50 cents/IRD).

Agreed.  Jump on the discord.  You sound reasonable.

Reasonable? He sounds too much optimistic imho

[Attractor]

The main problem for reaching high price that our single feature (comparable to Monero) is low supply.
We need real technological superiority, not speculatory