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Author Topic: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE  (Read 179548 times)
Touma
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December 28, 2013, 11:53:35 PM
 #1181

Looks like SBC is back entirely on Cryptsy, it can be desposited and withdrawn again. As well as being traded.
https://twitter.com/cryptsy/status/417075991068934144


Join the StableCoin community on: http://forums.stablecoin.net
StableCoin Development Fund: shQpTvLDsgCURkfqyBuCjL79aqYwti2FEJ
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gnode
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December 29, 2013, 02:51:20 AM
 #1182

Back up for trading, now why are peeps selling? The mixing service is up coming.

https://bitcointalk.org/index.php?topic=353971.0


Shoot to the moon!
jp26
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December 29, 2013, 03:05:45 AM
 #1183

I'd like to volunteer to help Artos build this idea further. He's done this on his own a lot. A team ought to be built so others know there's developmental redundancy. One single point of failure raises skepticism amongst would-be investors.
Catswold
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December 29, 2013, 03:17:07 AM
 #1184

Quote
I'd like to volunteer to help Artos build this idea further. He's done this on his own a lot. A team ought to be built so others know there's developmental redundancy. One single point of failure raises skepticism amongst would-be investors.
I'd suggest sending him a PM telling him your qualifications and skills.

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usascholar
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December 29, 2013, 03:42:04 AM
 #1185


Can someone update the Mac wallet please? Or fix the code so it's compatible with QT Creator 5.x so that I can build it from github?

Thanks

U
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December 29, 2013, 03:49:27 AM
 #1186

I'd like to volunteer to help Artos build this idea further. He's done this on his own a lot. A team ought to be built so others know there's developmental redundancy. One single point of failure raises skepticism amongst would-be investors.
It'd be amazing to have someone help Artos with the development of this terrific coin!
dewdeded
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December 29, 2013, 03:49:37 AM
 #1187

- tl;dr
- OP was 5 months in jail, correct?
Scooby903
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December 29, 2013, 04:33:32 AM
 #1188

- tl;dr
- OP was 5 months in jail, correct?

Not sure what crime would equate to a 5 month sentence...doubtful

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FACEBOOK     TELEGRAM
TWITTER     SLACK     MEDIUM
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PRE-SALE.
PUBLIC SALE.
zavtra
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December 29, 2013, 05:31:58 AM
 #1189


Can someone update the Mac wallet please? Or fix the code so it's compatible with QT Creator 5.x so that I can build it from github?

Thanks

U

+1 on this. A Mac client for v1.4 was made in under a day, would really like to see a v1.5 client for mac soon.

Cryptedge - The world's first operational Altcoin-hedgefund
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StealthyCactus
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December 29, 2013, 09:27:08 PM
 #1190

New Stablecoin Mining Pool:

http://sbc.cryptomp.com/

Stablecoin Mining Pool:

Pool Hardware:
◾Intel Xeon E3-1230v2, Quad-Core
◾16 GB DDR3 RAM ECC
◾2x 2,000 GB SATA II HDD, 7,200 rpm
◾Fast Network

Pool Description:
Stratum + VARDIFF (16-512) + PROP Payment (2%Fee)
Auto Payments Every Minute

Come with us!!
Feedback is welcome!!

Good pool, we need more miners though!  Grin

Stablecoin is the future
GigaCoin
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December 29, 2013, 09:29:57 PM
 #1191

I'd like to volunteer to help Artos build this idea further. He's done this on his own a lot. A team ought to be built so others know there's developmental redundancy. One single point of failure raises skepticism amongst would-be investors.

def get in touch with artos via PM, I'm sure he'd be able to get you on board if you've got the right skills. go for it!

CoinGeneral
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December 29, 2013, 10:29:15 PM
 #1192

- tl;dr
- OP was 5 months in jail, correct?

Not sure what crime would equate to a 5 month sentence...doubtful

Any crime can have a sentence of 5 months. It depends on the judge that places timing sentence on you.

Catswold
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December 29, 2013, 11:17:00 PM
 #1193

WTF does it matter?  What the hell's business is it of yours where he was?  

You either trust him, or you don't.  If you don't, then you're not interested in advancing this coin, nor in mining and thus have no business here and ought to take a hint and piss-off.

IF you do, then it really doesn't matter, beyond your own pathetic curiosity now, does it?

If artos chooses to, he may eventually say where he disappeared to, but frankly, I have my own worries, and private affairs to which I must attend, I don't have time for character assassination and the idle speculation of trolls.

The trolls around here are really something.  Everybody attempting to destroy everyone else's crypto-currency or destroy the reps of those who create them.

Bunch of pathetic souls.

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Ecological Community in the Green Planet
❱❱❱❱❱❱     WHITEPAGE   |   ANN THREAD     ❰❰❰❰❰❰
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tokyopotato
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December 30, 2013, 01:02:42 AM
 #1194

RELEASE - VERSION 1.5

This is a mandatory update before block 317000, approximately 5 days from now. The update consists of the following changes:

*Difficulty algorithm fixed. It now properly retargets every 10 blocks, with a maximum of 12% down, or 10% up.


DOWNLOAD

Windows Client: https://github.com/stablecoin/stablecoin-qt/archive/master.zip
Mac Client: Coming Soon
Source: https://github.com/stablecoin/StableCoin


BACK FROM THE DEAD

http://stablecoin.net

I'm sure many were disappointed and confused when I vanished earlier this year, and StableCoin development grinded to a halt. My life's been playing out like something out of a Hollywood movie. I do not want to talk at length about the situation at the moment, but it's been a very harrowing experience. I've been disconnected from the rest of the world for the better part of 5 months and have had a lot taken from me.

That being said, it's amazing what can change in 5 months. I feel like I've stepped into a new world. Cryptocurrency has gained more ground that I've ever imagined possible in the timeframe. With it of course, new challenges arise. CoinValidation in particular has caught my interest as I catch up with the latest developments. Anonymity is now even more important than ever. It was one of the driving factors of StableCoin development, and will continue to be going into the future.

To that end, one of the key services I wanted to offer when StableCoin launched was a coin mixing service. Such a service would allow users to 'clear' the trail of their money, and even send money anonymously. The gist of it is that you could send, for example, 100 coins in, and receive 100 coins out. This destroys any associations a coin may have, and lends to anonymity.

The mixing service I described when I launched StableCoin was, I admit, very poorly thought out, so it will be nixed in favor of a new, revolutionary mixing service.

A FOCUS ON ANONYMITY – THE NEW MIXING SERVICE

A dedicated master mixing address is designated. This is place that all funds that are to be mixed will be sent to. From here out, we'll call this the master node.

When sending to this address, it will be designated as a special type of transaction. All of this will be done through a dedicated mixing tab in the client. These transactions will have an additional data field that stores an obscured version of the address you want the mixed funds to be sent to. The address will be joined with 80 characters of random data, for privacy purposes. For example:

r7ru5JaNMugN2GK4mrmVmLpSgTXXCWzeL4dGzznV6YWhxq4K2aM7Tcz6VgUNxaLJ7Jzu9fZYmHZmRE4 TsajaWXsFiQNbH8bzQygYS1UeXqgTRJZQA7

The resulting string is then encrypted, using the public key of the master node. When the master node receives such a transaction, it decrypts it using it's private key. The node then strips the first 80 characters, leaving it with the address (the bold part) to send the mixed funds back to.

When sufficient conditions have been met, the master node will create a new set of transactions to send out the now mixed funds. These transactions will be signed, encrypted, and then sent over to another node who's job is to decrypt and broadcast it. All nodes involved will be running on the TOR network. By doing it this way, we are able to obscure where the master node it.

In a time where privacy is a hot button issue, StableCoin will be positioning itself as a leader in anonymity.

For those interested, a more detailed explanation can be found in this topic: https://bitcointalk.org/index.php?topic=353971

DESTRUCTION OF THE PREMINE

As some of you may remember, as part of the old mixing service, there were 1.2 million coins premined to act as the basis of the mixing pool. Of course, this caused much anger within the community, with accusations that the money would be used improperly, among other things. 5 months later, these funds have yet to be touched, so I'm happy to have proved those people wrong on those front.

However, under the new mixing system, these coins are no longer necessary. Accordingly, these coins will be publicly destroyed, as they were never intended to be used for anything other than mixing.

In this case, the 1.2 million coins were created in the genesis block. You might notice this is different than most coins that do their premine in block 1 and onward. This is because there is a well documented quirk within bitcoin that makes the genesis block unspendable. This is because when Satoshi designed the client, he decided not to add the coinbase transaction from the genesis block to the global transaction database.

To make these funds spendable, I added a simple bit of code during the initialization of the client (init.cpp). This code adds the genesis transaction to the global transaction database, making it spendable.
Code:
       // Genesis block
    const char* pszTimestamp = "June 7 2013, The Times, Prince Philip admitted to hospital for two weeks";
    CTransaction txNew;
    txNew.vin.resize(1);
    txNew.vout.resize(1);
    txNew.vin[0].scriptSig = CScript() << 486604799 << CBigNum(4) << vector<unsigned char>((const unsigned char*)pszTimestamp, (const unsigned char*)pszTimestamp + strlen(pszTimestamp));
    txNew.vout[0].nValue = 1250000 * COIN;
    txNew.vout[0].scriptPubKey = CScript() << ParseHex("0449D77B9B62E0DB1FD6150ECFC5722F31FEE52E585DE31B5AEFAD2CAC415D5698991F8F0B0CBBA7B9F4431BBE79B684876EDFBD369554ACC4182753FA48A3CD80") << OP_CHECKSIG;
    CBlock block;
    block.vtx.push_back(txNew);
    block.hashPrevBlock = 0;
    block.hashMerkleRoot = block.BuildMerkleTree();
    block.nVersion = 1;
    block.nTime    = 1370579804;
    block.nBits    = 0x1e0fffff;
    block.nNonce   = 2788;
                
        uint256 genesisHash("0x0a59605118489aa9cde58e64210d3d56e246758fbabcd1482e54bf4032545221");
        uint256 hash = txNew.GetHash();

{
        LOCK(mempool.cs);
        mempool.addUnchecked(hash,txNew);
}
                
{
        CTxDB txdb;
        txdb.TxnBegin();
        CBlockIndex* pindex = mapBlockIndex.find(genesisHash)->second;
        unsigned int nTxPos = pindex->nBlockPos + ::GetSerializeSize(CBlock(), SER_DISK, CLIENT_VERSION) - 1 + GetSizeOfCompactSize(block.vtx.size());
        CDiskTxPos posThisTx(pindex->nFile, pindex->nBlockPos, nTxPos);
    txdb.UpdateTxIndex(txNew.GetHash(), CTxIndex(posThisTx, txNew.vout.size()));
    txdb.TxnCommit();
}

By removing this code, the genesis block becomes unspendable, and the coins are essentially destroyed. This is the most eloquent way to accomplish the goal.
Bump, currently mining with Stablecoin version 1.5 at sbc.cryptoculture.net


Make sure everyone you are running version 1.5 and that your mining pools are up to date.  
Ximp
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December 30, 2013, 05:11:29 AM
 #1195

Bump for mining pool awareness.
Touma
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December 30, 2013, 08:05:14 AM
 #1196

Interesting promotion by the Bitember pool, check it out: http://forums.stablecoin.net/index.php?topic=168.0


Also requesting to remove http://stablecoin.miners-pool.eu/ from the Pool list in the OP.
That pool hasn't updated for a while and looks rather dead

Join the StableCoin community on: http://forums.stablecoin.net
StableCoin Development Fund: shQpTvLDsgCURkfqyBuCjL79aqYwti2FEJ
thimo
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December 30, 2013, 12:02:50 PM
 #1197

Bump, currently mining with Stablecoin version 1.5 at sbc.cryptoculture.net


Make sure everyone you are running version 1.5 and that your mining pools are up to date.  

Well the blockchain is still on version 1.4 until it hits block 317000.

i can rent this1
Touma
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December 30, 2013, 12:25:32 PM
 #1198

Bump, currently mining with Stablecoin version 1.5 at sbc.cryptoculture.net


Make sure everyone you are running version 1.5 and that your mining pools are up to date.  

Well the blockchain is still on version 1.4 until it hits block 317000.

No reason not to update...last time during the update from version 1.3 to 1.4 it caused quite some chaos among the miners, because their pools didn't perform the update yet.
Lots of miners ended up wasting mining power in the wrong branch.

Join the StableCoin community on: http://forums.stablecoin.net
StableCoin Development Fund: shQpTvLDsgCURkfqyBuCjL79aqYwti2FEJ
thimo
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December 30, 2013, 01:12:51 PM
 #1199

Bump, currently mining with Stablecoin version 1.5 at sbc.cryptoculture.net


Make sure everyone you are running version 1.5 and that your mining pools are up to date.  

Well the blockchain is still on version 1.4 until it hits block 317000.

No reason not to update...last time during the update from version 1.3 to 1.4 it caused quite some chaos among the miners, because their pools didn't perform the update yet.
Lots of miners ended up wasting mining power in the wrong branch.
True, but cryptsy was also on the wrong chain, that screwed up a lot as well.

i can rent this1
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December 30, 2013, 08:42:26 PM
 #1200

the '317k' commented commit is true v1.5.

@artos: start tagging releases.

http://sbc.blockexplorer.io/ - saRcSpjGxGWk9mGwFSpNTRbwjDvwLmqSkz
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