[ANN][ROI] ROI Coin | CPU Only Solo Mining | 15% POS | 18.07% Term Deposit

[billybonus]

I really like idea of this coin and DEV support seems great!
Is there any bounty rewards left noob like me can claim?

[DisasterFaster]

I really like idea of this coin and DEV support seems great!
Is there any bounty rewards left noob like me can claim?

What are your skills that you can offer?

[billybonus]

I really like idea of this coin and DEV support seems great!
Is there any bounty rewards left noob like me can claim?

What are your skills that you can offer?

I can translate ANN to Finnish if that helps.
I already got some of my IRL mates to mine this with me.

[Plainkoin]

Agreed. I suggest 1 month - anything longer than that may keep the potential bounty 'hunters' away!

Maybe even same programs as for ROI - 1 month term = X coins bounty, 2 month in a row = (X coins bounty*2)+30%, 3 month in a row = (X coins bounty*3)+50%, etc. If its possible to realise.

Interesting... and i like that you've already put the signatures But we need the devs to decide all these things - I think they're having dinner and making merry!

Lol...  Aye...  It would be nice.  Still crunching away on numerous tasks.  I am to the point where I am not sure it is possible to cross compile (Ubuntu 16.04) wallet for OSX.  The latest references say it should work just fine...

Anyone have any experience with cross compiling for OSX?  I never messed with Apple OSs...  This is one item on our bounty list...  hint hint (to anyone reading).

Take care.

fuzzbawl has experience with it, you can try and figure it out by looking at the Travis CI jobs..
Example: https://travis-ci.org/HOdlcoin/HOdlcoin/jobs/254406324

Thank you for the lead!  Will give it a go this afternoon when work slows down.  While it may be possible on 16.04, He used 14.04... and so shall I. 

Operating System Details
Distributor ID:   Ubuntu
Description:   Ubuntu 14.04.5 LTS
Release:   14.04
Codename:   trusty

[Plainkoin]

Forgive me for not reading the whole thread,but how will you be able to grant 600% per year on deposit after the emission is over?  

Hello QuiteLoud,

Term Deposits are a second layer of PoS.  Where as the base PoS in the Available balance earns 8% for a month on each new deposit.  The Term Deposits are used to encourage saving and earning a substantial amount of "interest' by locking it.  This helps to keep the market supply low and encourage demand from buyers.  As more coins are mined and staked, there will be an eventual market balance.

In short, the earnings come from the blockchain as a form of PoS.

Along with the technical, the marketing aspect is intended to get investors involved...  Then when volume is sufficient, get the traders involved.  For a 3 prong approach to getting prices higher, earning you more.

[xs.over]

Any idea's on how we could change the algorithm to be more nicehash resistant is welcome.

I suggest Argon2d algo. It's asic and also gpu resistant algo

[Plainkoin]

Any idea's on how we could change the algorithm to be more nicehash resistant is welcome.

I suggest Argon2d algo. It's asic and also gpu resistant algo

Hello,

Can you provide any reference sites/material for review?  We would like to collect suggestions and review the specs on every suggestion.

We do agree that a change in algo will be needed.  However, it will be in the next Gen Wallet.  We want to get everything stabilized and get a long running track record established, before we do a hard fork.  Ideally 6 months,  but we will evaluate the environment and markets at that time, prior to a release.  I have seen some decent coins ruined with fork after fork, jamming in too many updates too frequently.

With a hard fork, we need to minimize these for the health of the coin.  Miners, exchanges, etc... anyone who would have to offline for a wallet update.

When we do the next gen wallet, it will include all the major changes in one bundle.  Beta tested thoroughly before release.  These changes will range from the very core of the coin from 13 to 15, possible replacements for the pattern search algo, and so on.  As the community makes suggestions, we are taking notes.  So please feel free to recommend an enhancement or even new, yet to be coded features, that you would like to see in the next gen.

Appreciate the suggestion.    Thank you.

[HodlOrava]

Any idea's on how we could change the algorithm to be more nicehash resistant is welcome.

I suggest Argon2d algo. It's asic and also gpu resistant algo

New algo. Coin gets popular => NiceHash adds support for new algo. In the very beginning of new coins NiceHash gives a short cut to get high amounts of coins but eventually it's just a way to buy coins.

[Plainkoin]

It looks like network hash has topped 400K now...



{
"blocks" : 5588,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 0.01521533,
"errors" : "",
"genproclimit" : -1,
"networkhashps" : 400822,
"pooledtx" : 6,
"testnet" : false,
"chain" : "main",
"generate" : false,
"hashespersec" : 0
}

WOW and the coin only went live on November 05, 2017, 05:41:01 PM

Love it.

If anything, I think we caught the attention of a killer whale.  Except this critter is trying to swing the difficulty level or attempting to suck up as many blocks as it can before difficulty adjusts.  We are back down to the apparent average of 296KH/s.  A full 100KH/s can only be interpreted as a form of attack.  IMHO.

The problem with this is, the block chain tightens up.  We are already averaging 100 blocks short per day, due to the increasing hashrate.  Once hashrate levels off, we should be back at 720 / day.  But you get these whales in here, thinking they can suck up coins, well it just is not going to work.  

This form of attack happens on many coins, and often succeeds.  Sucking up a couple weeks of blocks in literally hours, because the difficulty adjustments don't kick in in time.  Leaving the coin without transactions for weeks.

I have been waiting for and watching for any form of attack on the blockchain.  Unless we just haven't been hit hard enough... IDK.  I do know market attacks are altogether another game, one which we have no control over.

I would like to get anyone else's input / observation about this behavior.  Lest I am just being paranoid.    All in all, I think we are holding very well.  Thank you MIDAS!

[RinceWind84]

Earlier today I saw one miner on coinspool who pushed more than 180 Khash/s, and right now the entire pool is down to 93 Khash/s though the network is still above 300 Khash.

Could this be a sign that someone has started a private pool? Or do we think that there are that many people mining solo?

[Plainkoin]

Earlier today I saw one miner on coinspool who pushed more than 180 Khash/s, and right now the entire pool is down to 93 Khash/s though the network is still above 300 Khash.

Could this be a sign that someone has started a private pool? Or do we think that there are that many people mining solo?

That's probably where that 100KH swing came from.  A whale messing with a pool.

I am not positive, I am under the impression there are now 2 pools.  But again, I have only seen one formally announced.

Checked the DNS seeders.  There are now 490 unique IPs.  1858 have been banned.  I need to research what qualifies for getting banned.    Of those, would a pool only represent 1 IP?

[RinceWind84]

Earlier today I saw one miner on coinspool who pushed more than 180 Khash/s, and right now the entire pool is down to 93 Khash/s though the network is still above 300 Khash.

Could this be a sign that someone has started a private pool? Or do we think that there are that many people mining solo?

That's probably where that 100KH swing came from.  A whale messing with a pool.

I am not positive, I am under the impression there are now 2 pools.  But again, I have only seen one formally announced.

Checked the DNS seeders.  There are now 490 unique IPs.  1858 have been banned.  I need to research what qualifies for getting banned.    Of those, would a pool only represent 1 IP?

Interesting! That is a big amount of banned IP's I think. But someone better will have to answer what qualifies for a ban.

If a pool represents only 1 IP, then I guess it could make sense that that there are somewhere around 420 solo-miners out there. and hence maybe only one pool. But what do I know 

For the time being I'll keep my miner pointet at the one formally announced pool. Since my hashrate is a bit higher this way, and statistically I would only hit a block every 4 days or so though the wallet.

[trakds]

nicehash pyлит
http://pixs.ru/showimage/nicejpg_9276126_28324353.jpg

этo нe aтaкa,кaк виднo из cкpинa тo нa nicehash дoбывaют 893 мaйнepa

p.s этo нe мoй в тoпe opдep,я дoбывaю c cкopocтью дo 50 kh/s

[billybonus]

What hash rates are you guys getting?
I got about 620h/s with Ryzen 7 1700 @ 3725Mhz

[trakds]

intel core i5 4460 - 320 h/s

[Sam67]

is there way to deposit longer than 12months?

[RinceWind84]

Getting 438 Hash/s on I7-3770K(OC'd at 4.6Ghz) 

Using this miner http://cryptomining-blog.com/8196-new-faster-hodlminer-and-a-new-mining-pool-for-it-now-available/

My hashrate is a 15-min average by running following command: "hodlminer.exe -q --benchmark" then copy-pasting the results to excel-type program to calculate

[RinceWind84]

is there way to deposit longer than 12months?

This is possible but not recommended. You should deposit for 12 months and on maturation block then re-deposit

EDIT: Dev explained this earlier:

is there way to deposit longer than 12months?
I would like to deposit some coins to 15 years if possible

The wallet will let you deposit for more than one year but please don't do that because you will lose money. After one year there is no payout on locked coins. This means if you term deposit coins for more than one year you will be locking up the coins for no ROI and I don't recommend that.

[Plainkoin]

nicehash pyлит


этo нe aтaкa,кaк виднo из cкpинa тo нa nicehash дoбывaют 893 мaйнepa

p.s этo нe мoй в тoпe opдep,я дoбывaю c cкopocтью дo 50 kh/s

Я чyвcтвyю, чтo этo нe нaпaдeниe. He имeeт никaкoгo пpeдcтaвлeния, чтo Hишaш был нacтoлькo пoпyляpeн. Cпacибo, чтo вызвaли этo.  

Yes - I cheated with Google translator.

[Plainkoin]

is there way to deposit longer than 12months?

This is possible but not recommended. You should deposit for 12 months and on maturation block then re-deposit

EDIT: Dev explained this earlier:

is there way to deposit longer than 12months?
I would like to deposit some coins to 15 years if possible

The wallet will let you deposit for more than one year but please don't do that because you will lose money. After one year there is no payout on locked coins. This means if you term deposit coins for more than one year you will be locking up the coins for no ROI and I don't recommend that.

Correct.  Interest is coded to only pay a year, 12 months, 52 weeks (or actually equivalent blocks at a guesstimated 720 blocks per day)  You can lock longer, but it will no longer earn interest beyond that.  If you want to re-invest, you can turn around and lock those funds up for another year.