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Author Topic: [ANN] Extremecoin (EXC) - MANDATORY UPGRADE VERSION 1.5 (Kimoto Gravity Well)  (Read 94897 times)
johnray
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July 28, 2014, 11:44:48 PM
 #741

When we see what happened this week; or the thread around Bittrex; a lot of people prefer short term operations than thinking of the consequences of what they are doing.

Good coins have to last. Extremecoin will be a year old next month. This is just the beginning.



We must avoid this absurd strategy where a new coin is launched and so many people go there without thinking. We have here a reliable, fair, and mature coin, and we must increase his value.


The coin code is fine, a lot of people support it; The future is great.
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FiniteRed
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July 29, 2014, 08:14:25 AM
 #742

The coin code is fine

No. It's got an incorrectly implement KGW difficulty adjustment algorithm resulting in the network taking days (if at all) to find new blocks. This needs to be the first fix.

[G]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ] ~ [ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[ ]-[H]
roundmaster
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July 30, 2014, 01:33:39 AM
 #743

The coin code is fine

No. It's got an incorrectly implement KGW difficulty adjustment algorithm resulting in the network taking days (if at all) to find new blocks. This needs to be the first fix.

This is not an incorrect implementation of the KGW but we have a huge change  in the network hashrate sometimes. Anyway this is nothing that we have known before with feathercoin where the coins was really stick for weeks. Anyway the future coin update will definitely leave this issue behind.

Here we have a fair coin, fully mature, fully exempt of all the scams issues and features that we see all around this year. This coin is trustful and well done.
justover
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July 31, 2014, 10:04:32 AM
 #744

The coin code is fine

No. It's got an incorrectly implement KGW difficulty adjustment algorithm resulting in the network taking days (if at all) to find new blocks. This needs to be the first fix.

This is not an incorrect implementation of the KGW but we have a huge change  in the network hashrate sometimes. Anyway this is nothing that we have known before with feathercoin where the coins was really stick for weeks. Anyway the future coin update will definitely leave this issue behind.

Here we have a fair coin, fully mature, fully exempt of all the scams issues and features that we see all around this year. This coin is trustful and well done.

I'm waiting the new implementation. Any schedule?
roundmaster
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July 31, 2014, 03:19:23 PM
 #745

The coin code is fine

No. It's got an incorrectly implement KGW difficulty adjustment algorithm resulting in the network taking days (if at all) to find new blocks. This needs to be the first fix.

This is not an incorrect implementation of the KGW but we have a huge change  in the network hashrate sometimes. Anyway this is nothing that we have known before with feathercoin where the coins was really stick for weeks. Anyway the future coin update will definitely leave this issue behind.

Here we have a fair coin, fully mature, fully exempt of all the scams issues and features that we see all around this year. This coin is trustful and well done.

I'm waiting the new implementation. Any schedule?

I look forward too. I hope everything will be ready soon.
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The Future Is Here


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August 03, 2014, 04:45:50 AM
 #746

Took me most of the day but I think I got it moving again.  Check your chains.
justover
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August 03, 2014, 11:07:43 PM
 #747

Being distracted by this huge amount of new coins; lead us nowhere. We must stay focused, and extremecoin worth it. The chain is still safe and consistent here.
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August 06, 2014, 08:23:54 AM
 #748

Hi all,

I am back and working on Version 1.6 to fix the difficulty adjustment.

Then I will be working on the next version with a big and interesting change for the better, hold onto your EXC everyone :-)
eXXeZZ
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August 07, 2014, 01:54:20 AM
 #749

Thanks for the information CaptChadd, that's good news Smiley
johnray
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August 16, 2014, 08:53:33 PM
 #750

Good news. +1
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https://www.e-pool.net https://www.nlexch.com


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August 18, 2014, 11:57:52 AM
 #751



http://p2pool.e-pool.net:8970/static/

Enjoy e-pool mining!

https://www.e-pool.net - Start mining multiple coins today! No registration required.
https://www.nlexch.com - The Opensource Cryptocurrency Exchange
faraway
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August 18, 2014, 03:27:29 PM
 #752

Thanks for the information CaptChadd, that's good news Smiley

Thanks for the update - A lot of alternates are in a bad shape; Anyway extremecoin is still very strong, and will continue growing and improving over the years.
CaptChadd
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August 18, 2014, 05:48:11 PM
 #753

I have moved quiet a bit of my cold storage commodities (Platinum, Gold and Silver) to raise the capital needed to get Extremecoin where it deserves to be.

A coin with a fair launch, two months worth of a 200 block reward, of which I mined like everybody else and then the drop to a 1 coin block reward, the reason being is that only dedicated supporters of EXC and others invested in Extremecoin would mine.

IMO for POW coins, mining should not be for profit but for EXC's network security, that should be a miners main priority, to help secure the coins that they already have.

This is the main reason that I find Auto-profit pools detrimental, this then makes mining just all about making profit and at the same time getting good but smaller coins stuck at high difficulty levels.

You can quote me on this:

"Extremecoin will only be profitable for the dedicated; The individuals who support it and help to secure, protect and expand its goals, in the present and for the future, as only then can we truly make a difference."

All of my focus and my efforts are going to be dedicated to Extremecoin from this point onwards.

The Extremecoin supporter forum will be online in a matter of days so we can all understand the short and long term goals of this long standing Crypto-Currency.

If anyone would like to help support this coin with services then please use the contact form on the website which is almost ready for the theme and content update.

Thank you to everyone who took the time to read this post.
johnray
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August 25, 2014, 10:23:24 PM
 #754

I have moved quiet a bit of my cold storage commodities (Platinum, Gold and Silver) to raise the capital needed to get Extremecoin where it deserves to be.

A coin with a fair launch, two months worth of a 200 block reward, of which I mined like everybody else and then the drop to a 1 coin block reward, the reason being is that only dedicated supporters of EXC and others invested in Extremecoin would mine.

IMO for POW coins, mining should not be for profit but for EXC's network security, that should be a miners main priority, to help secure the coins that they already have.

This is the main reason that I find Auto-profit pools detrimental, this then makes mining just all about making profit and at the same time getting good but smaller coins stuck at high difficulty levels.

You can quote me on this:

"Extremecoin will only be profitable for the dedicated; The individuals who support it and help to secure, protect and expand its goals, in the present and for the future, as only then can we truly make a difference."

All of my focus and my efforts are going to be dedicated to Extremecoin from this point onwards.

The Extremecoin supporter forum will be online in a matter of days so we can all understand the short and long term goals of this long standing Crypto-Currency.

If anyone would like to help support this coin with services then please use the contact form on the website which is almost ready for the theme and content update.

Thank you to everyone who took the time to read this post.

Extremecoin had a fair launch, now this is a good move.
faraway
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August 26, 2014, 11:12:30 PM
 #755

Extremcoin worth a maximum support. Anyway the POS move is still a very good idea.
oneway
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August 27, 2014, 12:22:12 AM
 #756

One alternate that we must keep looking at. Extremecoin is effective, and more than mature.
CaptChadd
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August 27, 2014, 12:42:38 AM
 #757

There are lots of ideas on the whiteboard stage right now, with pros and cons with pretty much any direction code wise, we wish to head in.

The main focus for Extremecoins future goals are:

1) To increase network security.

2) Develop a wallet client for every device, giving it access to as many users as possible. (Windows popularity is decreasing)

3) Maintain the widespread global coin coverage that Extremecoin seems to have at the moment.

4) Reduce Hoarding and promote its use.

5) Getting added to payment processors. You can already buy Extremecoin with Chinese Yen on BTER.com

6) Possibly block chain integration into the desktop wallet clients.

There are lots more points and ideas but the main fact is that Extremecoin and its development is highly active, proactive in fact and will remain so for the minimum of the five year plan that most companies run from.

Thank you for taking the time to read this.

*Extremecoin won the weekly vote and will be getting added to the new exchange Swisscex.com
roundmaster
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August 27, 2014, 06:06:48 PM
 #758

Good points, and good direction.
faraway
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August 27, 2014, 07:05:12 PM
 #759

We are still a lot to like this coin, and this is a good thing.
blockjoe
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August 27, 2014, 09:20:52 PM
 #760

There are lots of ideas on the whiteboard stage right now, with pros and cons with pretty much any direction code wise, we wish to head in.

The main focus for Extremecoins future goals are:

1) To increase network security.

2) Develop a wallet client for every device, giving it access to as many users as possible. (Windows popularity is decreasing)

3) Maintain the widespread global coin coverage that Extremecoin seems to have at the moment.

4) Reduce Hoarding and promote its use.

5) Getting added to payment processors. You can already buy Extremecoin with Chinese Yen on BTER.com

6) Possibly block chain integration into the desktop wallet clients.

There are lots more points and ideas but the main fact is that Extremecoin and its development is highly active, proactive in fact and will remain so for the minimum of the five year plan that most companies run from.

Thank you for taking the time to read this.

*Extremecoin won the weekly vote and will be getting added to the new exchange Swisscex.com

Great ideas, anyway the POS operation is a good step to be sure of proper operations.
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