[XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency

[Flodner]

Professor Prime Crypto Game - I became one of the winners





Article:
https://read.cash/@cryptotexty/professor-prime-crypto-game-i-became-one-of-the-winners-41158dbe

[TillKoeln]

https://twitter.com/TillKoeln/status/1328805698772332547?s=20
https://bitcointalk.org/index.php?topic=5169189.0
https://www.coingecko.com/en/exchanges/unnamed
https://coinpaprika.com/de/exchanges/unnamed/
https://coinmarketcap.com/exchanges/unnamed-exchange/
https://discord.gg/phaRuY9

[btcbx]

https://twitter.com/TillKoeln/status/1328805698772332547?s=20
https://bitcointalk.org/index.php?topic=5169189.0
https://www.coingecko.com/en/exchanges/unnamed
https://coinpaprika.com/de/exchanges/unnamed/
https://coinmarketcap.com/exchanges/unnamed-exchange/
https://discord.gg/phaRuY9

I love that you guys got all the classics 

[TillKoeln]

:-)
some more will follow.

[iroking]

Looks like official bootstrap link is not working. Can someone revive it please?

https://primecoin.io/bootstrap.7z

[waya]

Hello All,

I needed to load the chain and it took a while, so I made a snapshot for Prime Coin located here:

https://mega.nz/file/XRESQbyL#MiDGKzeixh74rhIUldxDW_KAhPH0MHefFR57Xk1udaA

Cheers,
Waya

[Odyysee]

hi. tell me why sending coins from a cold wallet (primecoin-0.1.5) the outgoing transaction hangs as "not confirmed"?.
the Deposit passes, but the withdrawal does not.
I noticed that only 1 active connection to the network.
Thanks

[minerja]

Hi,

I see Sunny has updated the linux version, but no windows version...
Can someone please confirm which version of Linux and Windows wallet i should be using. (with links).
I'm currently testing "primecoin-qt-0.1.5-linux" on Ubuntu 16
On windows 10, i have "primecoin-0.1.5-rc1-win64.zip" which when opened says "v0.16.0.0-4e31bf9ed" "walletversion": 159900


Also, can anyone update the cpu miner to work with xpmforall.org ?
I have tried jhprimeminer and it fails, and can't find any others, all the "mega" and "dropbox" links are well dead.

Thanks
J

[Abcdefghijklmnzzz]

The downloads at https://primecoin.io/downloads.php still work.

It looks like Sunny started another coin at some point and attracted some kind of harassment or hostility on social media so he stepped back.

The wallets work and there are plenty of nodes.

A person can go to the network tab at https://chainz.cryptoid.info/xpm/#!network and get node lists then open the wallet console to add nodes, but it shouldn't be necessary since the wallet catches nodes on its own

[PrimeHunter2023]

A way to possibly revive Primecoin.
Distribution is poor and starting from scratch with improvements might help shift the crypto economy away from turdcoins.

1) Hardfork with all of the current coins reduced down to 1/10,000th of a primecoin. This will clean up the richlist within a few weeks and make it have a more fair history https://chainz.cryptoid.info/xpm/#rich

2) Emission slowly should increase as time passes in order to discourage financial predation. That's the opposite of most coins and the big thing that lets gangs hijack turdcoins like bitcoin. Every several years the coin would need to lose a zero or two if emission is increasing, 10 coins would become 1.

3) Have the 'prime number search' be a module within the wallet that anybody can fiddle with i.e., create a new algorithm for. The obvious problem would be validating the primes that were found. The obvious benefit would be new techniques for finding primes. All of these modules should be open source, but maybe pay a small fee to the person who designs the module, for a few hundred blocks.

4) If the 'prime search' module could be replaced with algorithms unrelated to primes and if the process were simple enough for an 'almost graduated high school' crowd, then anybody could clone or fork the coin to develop or search for whatever they want. When more complicated 'sciences' are involved then small gangs would be needed to develop modules that worked on more complicated things than simple prime searches.

This would help jumpstart the ai economy and make people more aware of the difference between fake ai which is software and real ai which is using a network to accelerate a science.

It's a terrible thing to wipe out the value of all the primecoins that exist already but it's probably the only way to move primecoin into the future as a viable coin. Coin squatting, buying up and hoarding coins to sell when the value goes up is the same as domain squatting, except that domain squatters only make money from the wealthy while coin squatters bleed money from everybody.

[IMZ Noo Account]

XPM has two good listings -- Frei and Xeggex (2 pairs)

I see a QT, but haven't tried to set it up.

There is $250 in volume today. Which is tiny, but far from nothing.

IndiaMikeZulu

[PrimeHunter2023]

There is $250 in volume today. Which is tiny, but far from nothing.

Distribution is abysmal.

https://chainz.cryptoid.info/xpm/#!rich

It's hard to interest new people when almost none of the wallets are finding primes, fewer than 40 wallets active today

https://chainz.cryptoid.info/xpm/#!network

and any value added goes to a few unknown mega whales.

Solution is to start a new primecoin with a very slow emission curve, or fork in a way that pushes most of the coin creation into the future.

Celebrities like Satoshi and Vitalik can scam people into ignoring/subsidizing their massive instamine/premine/stash but Sunny wasn't as slick.

[Penis]

The Linux client is still written in Qt4 which is deprecated and isn't even included in most official repositories anymore so I can't install its dependencies. When will it be ported to Qt5?

[IMZ Noo Account]

There is $250 in volume today. Which is tiny, but far from nothing.

Distribution is abysmal.

https://chainz.cryptoid.info/xpm/#!rich

It's hard to interest new people when almost none of the wallets are finding primes, fewer than 40 wallets active today

https://chainz.cryptoid.info/xpm/#!network

and any value added goes to a few unknown mega whales.

Solution is to start a new primecoin with a very slow emission curve, or fork in a way that pushes most of the coin creation into the future.

Celebrities like Satoshi and Vitalik can scam people into ignoring/subsidizing their massive instamine/premine/stash but Sunny wasn't as slick.

Ta for this insight. I am a Peercoiner. It seems we have good relations with you. XPM has niiiiice support on Frei

Is the XPM Windows wallet unproblematic? Is is 'click and go'?

[PrimeHunter2023]

Ta for this insight. I am a Peercoiner. It seems we have good relations with you. XPM has niiiiice support on Frei

Is the XPM Windows wallet unproblematic? Is is 'click and go'?

The last update was almost 4 years ago but there are 40 people on the network https://chainz.cryptoid.info/xpm/#!network

As I recall there was some sort of gangsterish attempt to influence the coin which caused the dev to step back.

I don't live in a place with secure internet so I try not to use coin wallets but last I recall that wallet works.

[IMZ Noo Account]

'1) Hardfork with all of the current coins reduced down to 1/10,000th of a primecoin. This will clean up the richlist within a few weeks and make it have a more fair history'

I'm not sure I understand this. After the reduction, do you go back to the same emission rate as before the reduction?

That is (I think) either you're 'moving the decimal point' on your entire coin, or you're confiscating value.



IndiaMikeZulu

[PrimeHunter2023]

'1) Hardfork with all of the current coins reduced down to 1/10,000th of a primecoin. This will clean up the richlist within a few weeks and make it have a more fair history'

I'm not sure I understand this. After the reduction, do you go back to the same emission rate as before the reduction?

That is (I think) either you're 'moving the decimal point' on your entire coin, or you're confiscating value.



IndiaMikeZulu

A lot of coins were made with the premise that the coins would be emitted quickly so later people could be made serfs.

Now it turns out later people aren't interested in being serfs.

The choice is either let the coin disappear or make it a little fair to bring people back.

~

The entire crypto market is much thinner than most people think. The vast majority of the crypto economy is a few thousand people being led by a few dozen people.

It can either be mainstreamed by promoting decent coins or it continues as a scam facade.

Why should most of a coins supply be given quickly to a few people unless the purpose is to scam?

[IMZ Noo Account]

'A lot of coins were made with the premise that the coins would be emitted quickly so later people could be made serfs.'

insta-mining, stealth mining, dev's wallets, bounty wallets. Agreed.

[PrimeHunter2023]

'A lot of coins were made with the premise that the coins would be emitted quickly so later people could be made serfs.'

insta-mining, stealth mining, dev's wallets, bounty wallets. Agreed.

It's good for a person to make money trading coins.....

and it's also good for there to be productive coins like xpm.

~

Right now there is really neither.

Xpm is not very active, not too profitable, neither financially nor scientifically.

Ideally people could be attracted to hunt primes and distinguish xpm as a 'useful' coin vs most other coins.

At block 1m xpm had only 9.4m coins https://chainz.cryptoid.info/xpm/block.dws?206f99bdd02400f2eb28c2c3e0b124b03c5f2de9f4ffe8400e8025ce1797f5a2.htm

So xpm, aside from being useful is much more fairly emitted than most coins including btc, which was instamined.

Only negatives I see

1) Top 1000 wallets     97.32%    49,504,593 XPM

2) Only 72k total wallets

3) No public interest

Plus there was some drama a few years ago that might have soured some people on the coin.

It is one of the best old coins to resuscitate, but also a good coin to improve and reissue. I have some so I prefer to resuscitate, but would also support an improved reissue. I'm not in a position to do anything except babble on, but maybe in the future I will be able to help with one avenue or the other.

[IMZ Noo Account]

Deleted my post. Shall take a different tack:


At First Glance:

the block explorer seems to show that the coin is chugging along. (But I got a virus warning when I tried to download the QT. But the Discord guys say it's a false positive.)

We got two good listings. (Freilite is dead. Our listing on Komodo is ‘wallet only.’)

There is steady volume – tiny, but steady. On Xeggex, though, right now, the bot is buying and selling to itself (at 442) -- ??

The price chart looks good IMHO. There is an awesome buy-floor on Frei.

There are several active Primecoiners over on Discord.