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Author Topic: [ANN] Announcing Galaxycoin - GLX, the new PoW/PoS coin, no premine!  (Read 100388 times)
flyingcat
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July 24, 2013, 06:41:54 PM
 #261

Yes, I've been mining it without a pool, going on well, though there are some orphans.


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sam53
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July 24, 2013, 07:49:08 PM
 #262

Yes, I've been mining it without a pool, going on well, though there are some orphans.
yes orphan may be an issue, but that's the results from diff swing, probably can't do much about it.
number37
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July 24, 2013, 09:12:38 PM
 #263

Yes, I've been mining it without a pool, going on well, though there are some orphans.
yes orphan may be an issue, but that's the results from diff swing, probably can't do much about it.
I can live with some orphans, as long as I get some blocks.
dreamhouse
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July 24, 2013, 10:49:11 PM
 #264

agree. I like this one, though not from the beginning Smiley
jlong187
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July 25, 2013, 12:09:19 AM
 #265

funny coin to mine, nice feeling to be on roller coaster.
flyingcat
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July 25, 2013, 05:11:14 AM
 #266

yes a great coin to mine


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frank1892
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July 25, 2013, 06:02:09 AM
 #267

Are you guys solo mining fine? I don't know why client not work well. It will stop response 40 second in 1 min. So cgminer wiil show pool dead than show live. After  few second show dead again. I already try client versoin 1.1 and 1.2 are same. Guys, please help me find out what is going on? Thanks.
robolove
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July 25, 2013, 10:27:24 AM
 #268

I got 13,000 GLX for sale. PM me with your offers in LTC or BTC
flyingcat
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July 25, 2013, 02:05:57 PM
 #269

I got 13,000 GLX for sale. PM me with your offers in LTC or BTC
I hope some exchange will list GLX soon


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jlong187
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July 25, 2013, 05:36:56 PM
 #270

same here
arlington (OP)
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July 25, 2013, 07:15:29 PM
 #271

This is a great coin to mine. We are told by cryptsy that it is on their list. Hope soon they will add it.
johntawaki
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July 25, 2013, 09:13:41 PM
 #272

This is a great coin to mine. We are told by cryptsy that it is on their list. Hope soon they will add it.

yes!

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flyingcat
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July 26, 2013, 04:24:49 AM
 #273

This is a nice coin, very distinct compared to the others


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Vlad2Vlad
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July 26, 2013, 07:00:02 AM
 #274

This is a nice coin, very distinct compared to the others


I'm curious, what makes it distinct?  TIA.

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July 26, 2013, 07:02:48 AM
 #275

Yes, I've been mining it without a pool, going on well, though there are some orphans.

How many coins are you getting solo mining per day?  What rig and what MH?  TIA.

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July 26, 2013, 07:16:42 AM
 #276

This is a nice coin, very distinct compared to the others


I'm curious, what makes it distinct?  TIA.

what makes it distinct is mainly the diff algorithm. It uses a new algorithm so the diff instead of fixed with the hashrate, it oscillates around the value corresponding to the hashrate. This roller coaster way of the diff makes it possible to mine solo at a relatively high hashrate even without a mining pool. But it also causes problems like high orphans especially during the low diff phase.

I am not sure this algorithm is superior to others, but it's a nice experiment I guess. I can mine 5-6 blocks per hour by solo mining it, which is not bad.

Also it is a PoW/PoS coin, and I already received a couple of PoS blocks, of 0.05-0.10 each. Smiley


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OATH

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Vlad2Vlad
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July 26, 2013, 07:27:21 AM
 #277

This is a nice coin, very distinct compared to the others


I'm curious, what makes it distinct?  TIA.

what makes it distinct is mainly the diff algorithm. It uses a new algorithm so the diff instead of fixed with the hashrate, it oscillates around the value corresponding to the hashrate. This roller coaster way of the diff makes it possible to mine solo at a relatively high hashrate even without a mining pool. But it also causes problems like high orphans especially during the low diff phase.

I am not sure this algorithm is superior to others, but it's a nice experiment I guess. I can mine 5-6 blocks per hour by solo mining it, which is not bad.

Also it is a PoW/PoS coin, and I already received a couple of PoS blocks, of 0.05-0.10 each. Smiley


How many coins in a block?  What rig snd what MH are you getting?

What do you mean, I thought PoW and PoS was just code to stabilize the code.  Inure saying this coins is already worth between 5 and 10 cents?   If so on what exchange?  And why are only the PoS coins worth that, aren't the PoW coins worth the same?

Sorry, I'm not very computer literate and I'm new and I launched my own coin and it was coded all wrong it still doesn't work so I'm trying to learn all this.  I tried doing a diff that was smooth but also with some oscillation (mine was so smooth it didn't need PoS) and threw in Golden Blocks (I had never heard of super blocks before) to make 12 random fun lotteries worth 10,000 coins every 2 hours compared to 49 coins every 70 seconds.  But the blocks don't work so nobody cares about the coin.

If you could answer the questions at the top of this post I'd appreciate it so much.

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July 26, 2013, 07:32:08 AM
Last edit: July 26, 2013, 07:43:56 AM by Vlad2Vlad
 #278

I got 13,000 GLX for sale. PM me with your offers in LTC or BTC



RoboLove and flyingCat,

You both have 13,000 coins to sell.  How much do you want?  I don't have a lot of bitcoins but I have some devcoins I can sell but the price has to be great cause without an exchange this coin could very well dissapeared tomorrow.  I'm currently accumulating ixCoins which are very limited in supply and the bid is currently $.003, (or 26,000 per BTC 1) so I use that as a comparison price for new coin prices which are not on exchanges.

There's now 2 new coins popping up everyday, many coins will come and go overnight.

I'm also curious what rigs you're using and if you're mining solo.  I'm getting like a $900 weak-ish rig setup tomorrow and besides mining my coin (since nobody else is cause its malfunctioning) I'd like to mine galaxy coin.  I have a good feeling about this coin.  Maybe the high orphan coin issue can be fixed with a raise in the diff retarget to 21 from 10 but I don't know if that requires a hard fork which would mean a no-go.  People seem happy with the blocks they're getting now so can't wait to start mining this.


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July 26, 2013, 07:38:52 AM
 #279

This is a great coin to mine. We are told by cryptsy that it is on their list. Hope soon they will add it.


Arlington,

Do you need to do a hard fork to change the diff retarget.  Your number choices are all great but I think if you go from retarget from the average of every 10 blocks to average of every 21 blocks you'd solve a lot of your orphaned coin issues and still keep enough oscillation to make the coin fun.

Just an idea.  

Also, you're doing a flat 8 year deal and I did a flat 7 year deal but people are flipping out about after those years are over the coin will have serious issues with security or something like that.  How did you get around that issue cause I didn't see it on your first page or are some people just clueless?

I mean, ixCoin has less than 18 months left of mining left in it and then that's it and I don't see anyone flipping out about it.  I'm not a coder so I don't understand these things plus i'm new and i'm trying to learn.  TIA.

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July 26, 2013, 08:12:17 AM
 #280

This is a nice coin, very distinct compared to the others


I'm curious, what makes it distinct?  TIA.

what makes it distinct is mainly the diff algorithm. It uses a new algorithm so the diff instead of fixed with the hashrate, it oscillates around the value corresponding to the hashrate. This roller coaster way of the diff makes it possible to mine solo at a relatively high hashrate even without a mining pool. But it also causes problems like high orphans especially during the low diff phase.

I am not sure this algorithm is superior to others, but it's a nice experiment I guess. I can mine 5-6 blocks per hour by solo mining it, which is not bad.

Also it is a PoW/PoS coin, and I already received a couple of PoS blocks, of 0.05-0.10 each. Smiley


How many coins in a block?  What rig snd what MH are you getting?

What do you mean, I thought PoW and PoS was just code to stabilize the code.  Inure saying this coins is already worth between 5 and 10 cents?   If so on what exchange?  And why are only the PoS coins worth that, aren't the PoW coins worth the same?

Sorry, I'm not very computer literate and I'm new and I launched my own coin and it was coded all wrong it still doesn't work so I'm trying to learn all this.  I tried doing a diff that was smooth but also with some oscillation (mine was so smooth it didn't need PoS) and threw in Golden Blocks (I had never heard of super blocks before) to make 12 random fun lotteries worth 10,000 coins every 2 hours compared to 49 coins every 70 seconds.  But the blocks don't work so nobody cares about the coin.

If you could answer the questions at the top of this post I'd appreciate it so much.

64 coins in a block, my hashrate about 1.2-1.3Mh/s.

PoS is like interest in the bank. 0.05-0.10GLX is what I get for PoS blocks, not much but will get more over the time.

Random blocks you can insert any time, not related to the diff, good examples include DMD and STR, all PoW/PoS with random blocks.


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OATH

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