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Author Topic: GoldCoin™ (GLD) Thread - The Gold Standard of Digital Currency [OFFICIAL THREAD]  (Read 237590 times)
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Xardas2014
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June 27, 2016, 12:44:08 AM
 #1141

I wouldn't call that a side effect, it is a game ending blow to the coin. You can't possibly expect people to mine a coin that starts spewing orphans when someone gets interested in mining it. Jesus, just look at the numbers: All-time orphan rate for sminers pool is 87.8%!!! In the last 24 hours the pool has had 19 out of 20 blocks orphan. Same thing for the day(s) before. In the last 7 days 36 of 38 were orphan. Since the pool opened it has had a grand total of 5 valid blocks!

http://sminers.com/index.php?page=statistics&action=blocks

Whoever is coding your coin needs to find a better solution. As it is when a multipool or rental user throws in a hashrate spike, the coin is unmineable for hours/days. Maybe you could have the Vardiff go to an insane diff level upon connect, gradually throttling down to avert the network shock. When you have a total net hashrate of a couple hundred mh/s, the 51% defense is rather pointless since just about anyone with an ASIC can grab 51%......kicking in the defense which stops the coin dead.
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June 27, 2016, 01:02:54 AM
 #1142

gold coin never disappoints me

I guess that means you don't actually mine GLD. It has been nothing but orphans for hours on all pools.
I don't have many problems mining GLD perhaps it is because i mine at low power
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June 27, 2016, 02:26:45 AM
 #1143

I wouldn't call that a side effect, it is a game ending blow to the coin. You can't possibly expect people to mine a coin that starts spewing orphans when someone gets interested in mining it. Jesus, just look at the numbers: All-time orphan rate for sminers pool is 87.8%!!! In the last 24 hours the pool has had 19 out of 20 blocks orphan. Same thing for the day(s) before. In the last 7 days 36 of 38 were orphan. Since the pool opened it has had a grand total of 5 valid blocks!

http://sminers.com/index.php?page=statistics&action=blocks

Whoever is coding your coin needs to find a better solution. As it is when a multipool or rental user throws in a hashrate spike, the coin is unmineable for hours/days. Maybe you could have the Vardiff go to an insane diff level upon connect, gradually throttling down to avert the network shock. When you have a total net hashrate of a couple hundred mh/s, the 51% defense is rather pointless since just about anyone with an ASIC can grab 51%......kicking in the defense which stops the coin dead.

Goldcoin is engineered to be multi-pool resistant. This is by design and intended to encourage responsible mining behavior.

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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June 27, 2016, 02:28:19 AM
 #1144

gold coin never disappoints me

I guess that means you don't actually mine GLD. It has been nothing but orphans for hours on all pools.
I don't have many problems mining GLD perhaps it is because i mine at low power

Yes. We have worked hard for the past 3 years to reward loyal community miners and to thwart auto-switching multi-pools.

Seems to be working well so far ....

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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June 27, 2016, 03:09:49 AM
 #1145

Me trying to mine with 150mh/s isn't "responsible"? I can't mine with it because if someone with a Titan mines for a few seconds there is nothing but orphans for days. If someone gets interested and spends a tiny amount on nicehash and puts 2gh/s onto the network, mining essentially stops.

Frankly I'm baffled that you don't seem to want miners. Without us, you don't have a network or a coin. Transactions cease. If you only want a handful of low power miners, go PoS, or have your daemon block hashrates above X and announce it. To say you want loyal miners and at the same time pat yourself on the back for making it impossible to be a loyal miner doesn't make sense.

You say "Seems to be working so far..." but you only have a tiny hashrate and the miners are getting nothing but orphans. For me it "isn't working well so far..." unless your goal is low participation, frustration, wasted mining, and slow transactions. Going from a $5m market cap to a $500k caps in 2 years isn't seen as progress by most people.

Obviously you disagree and are fond of deleting negative posts. As a miner/trader I delete unprofitable coins and stop trading them. If I didn't care, I won't be posting to tell you the problems.
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June 27, 2016, 03:13:21 AM
 #1146

Me trying to mine with 150mh/s isn't "responsible"? I can't mine with it because if someone with a Titan mines for a few seconds there is nothing but orphans for days. If someone gets interested and spends a tiny amount on nicehash and puts 2gh/s onto the network, mining essentially stops.

Frankly I'm baffled that you don't seem to want miners. Without us, you don't have a network or a coin. Transactions cease. If you only want a handful of low power miners, go PoS, or have your daemon block hashrates above X and announce it. To say you want loyal miners and at the same time pat yourself on the back for making it impossible to be a loyal miner doesn't make sense.

You say "Seems to be working so far..." but you only have a tiny hahsrate and the miners are getting nothing but orphans. For me it "isn't working well so far..." unless your goal is low participation, frustration, wasted mining, and slow transactions.

Thank you for these suggestions. I will pass this note along to our development team for review and analysis.

As always, we appreciate community feedback.  Smiley

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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June 27, 2016, 10:49:25 AM
 #1147

Me trying to mine with 150mh/s isn't "responsible"? I can't mine with it because if someone with a Titan mines for a few seconds there is nothing but orphans for days. If someone gets interested and spends a tiny amount on nicehash and puts 2gh/s onto the network, mining essentially stops.

Frankly I'm baffled that you don't seem to want miners. Without us, you don't have a network or a coin. Transactions cease. If you only want a handful of low power miners, go PoS, or have your daemon block hashrates above X and announce it. To say you want loyal miners and at the same time pat yourself on the back for making it impossible to be a loyal miner doesn't make sense.

You say "Seems to be working so far..." but you only have a tiny hashrate and the miners are getting nothing but orphans. For me it "isn't working well so far..." unless your goal is low participation, frustration, wasted mining, and slow transactions. Going from a $5m market cap to a $500k caps in 2 years isn't seen as progress by most people.

Obviously you disagree and are fond of deleting negative posts. As a miner/trader I delete unprofitable coins and stop trading them. If I didn't care, I won't be posting to tell you the problems.

1) If someone mines Goldcoin with a Titan for a few seconds(days) = most profit mining to get the ROI for your Mining equipment, so Goldcoin is not responsible for your investment and decision making.

2) If people would read the specifications of Goldcoin then they would see the 51 % defence system, so you just have to look at the actual hashrate and then you can calculate how much hashingpower you can spend on the Network.

3) I am not sure how often we explained this in the past and it is always the same, = people like you are not interested in Goldcoin you just want to make some quick cash with goldcoin in a few seconds or days.

4) If you would delete "unprofitable" coins (Mission Impossible) and stop trading them, why are you posting here then ? and again, you just care about your money stash , nothing else.

5) THX for choosing Goldcoin  Grin

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June 27, 2016, 01:32:41 PM
 #1148

Me trying to mine with 150mh/s isn't "responsible"? I can't mine with it because if someone with a Titan mines for a few seconds there is nothing but orphans for days. If someone gets interested and spends a tiny amount on nicehash and puts 2gh/s onto the network, mining essentially stops.

In April and May, the hashrate was around 100 to 150 MH/s. 37.5 MH/s thereof came from me. It worked perfectly fine. Where were you? Huh

Observations and theory show that, on average, 28% of the binding-energy in aurophilic interaction can be attributed to relativistic expansion of the gold d-orbitals.
http://gldtalk.de   http://gldcoin.de   GLD E5CUw66jvPSGirggrek8vagARNM2ZQErEN
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June 28, 2016, 04:32:11 AM
 #1149

~~

The GoldCoin forum http://gldtalk.org is currently down due to an ISP outage.

Our provider Northland is working now to restore service.

~~

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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June 28, 2016, 05:23:56 AM
 #1150

Did the Nigerians crash the server? Grin

Observations and theory show that, on average, 28% of the binding-energy in aurophilic interaction can be attributed to relativistic expansion of the gold d-orbitals.
http://gldtalk.de   http://gldcoin.de   GLD E5CUw66jvPSGirggrek8vagARNM2ZQErEN
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June 28, 2016, 05:50:23 AM
 #1151

Did the Nigerians crash the server? Grin


Welcome to the community and thank you for that much needed smile.

It's great to see this thread become so active again! -- Smiley --  The last time this happened I think Goldcoin reached the top 15 on Coinmarketcap!  Shocked Cheesy Cool


... this new thread life is also giving me a chance to "shake the rust" off my moderating skills.

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June 28, 2016, 07:42:51 AM
 #1152

Welcome to the community and thank you for that much needed smile.

It's great to see this thread become so active again! -- Smiley --  The last time this happened I think Goldcoin reached the top 15 on Coinmarketcap!  Shocked Cheesy Cool


... this new thread life is also giving me a chance to "shake the rust" off my moderating skills.

I remember watching a YouTube video back then.
Somebody said something about 1 GLD possibly rising to $ 1000. Wink

Observations and theory show that, on average, 28% of the binding-energy in aurophilic interaction can be attributed to relativistic expansion of the gold d-orbitals.
http://gldtalk.de   http://gldcoin.de   GLD E5CUw66jvPSGirggrek8vagARNM2ZQErEN
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June 28, 2016, 10:56:47 AM
 #1153

Welcome to the community and thank you for that much needed smile.

It's great to see this thread become so active again! -- Smiley --  The last time this happened I think Goldcoin reached the top 15 on Coinmarketcap!  Shocked Cheesy Cool


... this new thread life is also giving me a chance to "shake the rust" off my moderating skills.

I remember watching a YouTube video back then.
Somebody said something about 1 GLD possibly rising to $ 1000. Wink


that would be great  Grin

The Goldcoin Heart is pumping again, https://www.gldtalk.org is live again  Smiley YAY

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June 29, 2016, 07:08:56 AM
 #1154


I remember watching a YouTube video back then.
Somebody said something about 1 GLD possibly rising to $ 1000. Wink


It was one of those 'deleted episodes.'

https://www.youtube.com/user/realmicroguy

Observations and theory show that, on average, 28% of the binding-energy in aurophilic interaction can be attributed to relativistic expansion of the gold d-orbitals.
http://gldtalk.de   http://gldcoin.de   GLD E5CUw66jvPSGirggrek8vagARNM2ZQErEN
cryptosolar
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July 02, 2016, 12:57:44 PM
 #1155

the goldcoin nigeria project @ work , here are the details : https://www.gldtalk.org/index.php?topic=3624

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July 02, 2016, 02:51:48 PM
 #1156

the goldcoin nigeria project @ work , here are the details : https://www.gldtalk.org/index.php?topic=3624

Very exciting times ahead for Goldcoin. I can think of no better place to kick-off Goldcoin's global adoption.

I'd like to thank our friends in West Africa for this opportunity and for believing in the Goldcoin brand. Smiley

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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July 03, 2016, 05:12:42 AM
 #1157

GoldCoin Plus+ Community Project

It has been suggested to me that the community develop an online wallet that would have a companion App for mobile.  Smiley

I will use the name "GoldCoin Plus+" to eliminate any confusion with our core reference applications. The domain GoldCoinPlus.com has been registered for future use.

This development project could be based on the blockchain.info open source. However, the website back-end will need to be custom coded since blockchain.info does not publish it's website source. The GoldCoin Plus project would be a community project apart from core and its current reference applications.

Complete description and local discussion: https://www.gldtalk.org/index.php?topic=3628.0

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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July 03, 2016, 05:25:02 AM
 #1158

Thanks for having developed a great coin here!
Mining away

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July 03, 2016, 06:04:31 AM
 #1159

the goldcoin nigeria project @ work , here are the details : https://www.gldtalk.org/index.php?topic=3624
I have big expectations with this project
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July 03, 2016, 10:19:30 AM
 #1160

I send some coins in a transaction that remains unconfirmed.
How can I recover the coins? There does not appear to be 
-rescan or -salvagewallet commands available.

Any help appreciated. Thank you.

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