[ANNOUNCE] paccoin a new SHA256D coin is being introduced

[wmcorless]

Instead of pre- / instamining, we now have coins without a compiled Windows-QT to make sure not too many people will mine it from the start.

yeah,
one million coins already mined
diff is 7.12GH now

i was since start, get no connections (using starting thread nodes)
after 800k coins mined i get finally connected

and now getting only rejected blocks using 70GH/sec

this is ridiculous lol

lol be gentle people the network is small and there is no need to hit it with so much hashing power. Over a million coins out there, and I just got my first 500 lol.

[wmcorless]

next useless coin
solomining 70GH/sec
is not giving any blocks

new network, go easy big fella.

[bob131313]

static const unsigned int MAX_BLOCK_SIZE = 1000000;
static const unsigned int MAX_BLOCK_SIZE_GEN = MAX_BLOCK_SIZE/2;
static const unsigned int MAX_BLOCK_SIGOPS = MAX_BLOCK_SIZE/50;
static const unsigned int MAX_ORPHAN_TRANSACTIONS = MAX_BLOCK_SIZE/100;
static const unsigned int MAX_INV_SZ = 50000;
static const int64 MIN_TX_FEE = 0.0001 * COIN;
static const int64 MIN_RELAY_TX_FEE = MIN_TX_FEE;
static const int64 MAX_MONEY = 1500000000 * COIN;//1.5 billion
static const int64 MAX_MINT_PROOF_OF_WORK = 5 * COIN;        //5 Coin per block
static const int64 MAX_MINT_PROOF_OF_STAKE = 0.05 * MAX_MINT_PROOF_OF_WORK;        //5% annual interest
static const int64 MIN_TXOUT_AMOUNT = MIN_TX_FEE;
static const unsigned int MAX_TX_COMMENT_LEN = 268; // paccoin: 256 bytes + 12 little extra

util.h

static const int64 COIN = 1000000;

[wmcorless]

How much pre-mining?

none, this was all last night by someone else.

[wmcorless]

The orignal post is crappy though, to find out the port and the RPC port I had to grep through the code.

Sorry this is my first post, I have added more info to the original post as we improve this.

[wmcorless]

it works now... mined 6k coins... however does not know if it worth it... no exchange whatsoever...

Right now trying to get a blockchain/merged mining/pool setup, but an exchange is on the todo list

[markm]

This was a much nicer launch than all the ones back when there were new coins every day and all massive orphan-fests of insta-mining.

So its looking pretty nice to me so far compared to pretty much all the others I tried setting up right away when they launched.

If you do manage to enable merged mining that would be really cool as the existing panoply of merged mined coins has no PoS coin yet so it would help round out the set of merged coins,

-MarkM-

[Marty19]

iSpace Mining Pool up and running at http://pac.ispace.co.uk 

I have shut the pool down temporarily while I look into why we were finding blocks but these were not showing up in the paccoind client.

Seems that all found blocks are being rejected due to a Sign Failed error when calling submitblock through the paccoind API. Anyone know what I've missed, l'm guessing it's due to POS but not had this problem on my other pools before. 

[wmcorless]

not sure what that is, what were you trying to do?

[wmcorless]

For the last 6 hours there has been no movement and the block chain is frozen at 4243. I assume this will clear up when it reaches the next 24 hour cycle and recalculates the difficulty.
Paccoin has only been out for 3 days and has already generated over 2 million coins in circulation. Difficulty as of 11-13-2013 is 7946.45825933 which is phenomenal.

[bbxx]

For the last 6 hours there has been no movement and the block chain is frozen at 4243. I assume this will clear up when it reaches the next 24 hour cycle and recalculates the difficulty.
Paccoin has only been out for 3 days and has already generated over 2 million coins in circulation. Difficulty as of 11-13-2013 is 7946.45825933 which is phenomenal.

yes, this coin is dead.

[Lauda]

For the last 6 hours there has been no movement and the block chain is frozen at 4243. I assume this will clear up when it reaches the next 24 hour cycle and recalculates the difficulty.
Paccoin has only been out for 3 days and has already generated over 2 million coins in circulation. Difficulty as of 11-13-2013 is 7946.45825933 which is phenomenal.

yes, this coin is dead.

Hopefully it stays that way.

[micax1]

so is it already dead? will sell my 23 thousand then )))

[wmcorless]

I think its on pause because too many coins have been mined for the time its been running. I believe that once the time has gone by and the difficulty, which adjusts every 24 hours, has occurred it will allow new blocks.
I just got this message after finding a block:
paccoinMiner:
new block found 
  hash: 0000000000053090e9e8884344ce6b19682f959678d1871ae82dafadd4a78bd6 
target: 00000000000905e2000000000000000000000000000000000000000000000000
CBlock(hash=0000000000053090e9e8884344ce6b19682f959678d1871ae82dafadd4a78bd6, ver=4, hashPrevBlock=0000000000053184257d04f8f282c3ed864b5f8ac74b5a41f9ef28ef6c0523e9, hashMerkleRoot=7dd65a5cdbb71a6512878455bc73f9a15d458aef63dfd6d64df26c8c9bd5a660, nTime=1384453337, nBits=1b0905e2, nNonce=2978016553, vtx=1, vchBlockSig=3045022100a31fa87abd407e0a52c573beb5ae74959c6c1f15549a3c81801d2db4e2afeb4202205fff7300550182783406db7bd97bd59b1680c0116f5dd9054e170e8d34efc9cb)
  Coinbase(hash=7dd65a5cdb, nTime=1384402297, ver=1, vin.size=1, vout.size=1, nLockTime=0, strTxComment=)
    CTxIn(COutPoint(0000000000, 4294967295), coinbase 02941002d90d062f503253482f)
    CTxOut(nValue=500.00, scriptPubKey=02821a1a4d7755e5ef4fdf9145a7072ab74089564e00a45068968fbe4d8c95d2f2 OP_CHECKSIG)
  vMerkleTree: 7dd65a5cdb
generated 500.00
ERROR: CheckBlock() : coinbase timestamp is too early
ERROR: ProcessBlock() : CheckBlock FAILED
ERROR: paccoinMiner : ProcessBlock, block not accepted

The coinbase timestamp is too early? Can anyone enlighten us on this?

[wmcorless]

Paccoin is back up and mining!!

[micax1]

Paccoin is back up and mining!!

better tell us why it was broken and down? and where you were with no announcements?

[Lauda]

Paccoin is back up and mining!!

1 word: why?

[Marty19]

http://pac.ispace.co.uk is now up and running and submitting blocks correctly.

[skrubalov]

Any exchange ?

[wmcorless]

better tell us why it was broken and down? and where you were with no announcements?

Actually I think the problem there were no servers set to gen=1 so no coins were being generated.