[ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE

[McDickinsonSmith]

can this still be mined?

[CrytoEnthusiast]

STABLECOIN DEVELOPMENT FUND

I've received several PMs asking if there was a SBC development fund set up. There answer to that - now there is.

These funds will be fully accounted for through a ledger in the main post and will be used for the following:

*Further development
*Fund necessary activities such as marketing, translation, etc
*Fund the development of various services
*Giveaways
*Bounties
*Other uses as the community sees fit

If you would like to contribute to this fund, the address to send to is shQpTvLDsgCURkfqyBuCjL79aqYwti2FEJ


PLANNED HARDFORK

The previously mentioned hardfork will be released sometime this week. This hardfork will feature a revamp of the difficulty adjustment algorithm and it's goal is to prevent the high difficulty stallouts caused by multipools. It will also reduce the amount of orphans and rejects that miners are seeing. This will result in a more steady block flow, and increased profitability for steady SBC miners. A full change log will be posted upon release.

This is awesome news, artos

[GigaCoin]

This is great, do we also have a dedicated forum ? It would be help to grow the stablecoin community i wouldn't mind actually helping in moderating it.

I'm personally v bullish about this coin and would love to see it grow into one of the major crypto currencies.

[GigaCoin]

STABLECOIN DEVELOPMENT FUND

I've received several PMs asking if there was a SBC development fund set up. There answer to that - now there is.

These funds will be fully accounted for through a ledger in the main post and will be used for the following:

*Further development
*Fund necessary activities such as marketing, translation, etc
*Fund the development of various services
*Giveaways
*Bounties
*Other uses as the community sees fit

If you would like to contribute to this fund, the address to send to is shQpTvLDsgCURkfqyBuCjL79aqYwti2FEJ


PLANNED HARDFORK

The previously mentioned hardfork will be released sometime this week. This hardfork will feature a revamp of the difficulty adjustment algorithm and it's goal is to prevent the high difficulty stallouts caused by multipools. It will also reduce the amount of orphans and rejects that miners are seeing. This will result in a more steady block flow, and increased profitability for steady SBC miners. A full change log will be posted upon release.

keep the good news coming artos !

[Lauda]

This is great, do we also have a dedicated forum ? It would be help to grow the stablecoin community i wouldn't mind actually helping in moderating it.

I'm personally v bullish about this coin and would love to see it grow into one of the major crypto currencies.

I don't think that there is one.
Good job artos.

[filipe3x]

This is great, do we also have a dedicated forum ? It would be help to grow the stablecoin community i wouldn't mind actually helping in moderating it.

I'm personally v bullish about this coin and would love to see it grow into one of the major crypto currencies.

We have an IRC channel tho, irc.freenode.net #stablecoin
Join and idle a bit. We need a strong community on IRC too

[CoinGeneral]

can this still be mined?

Yes it can!

[eagleEye]

STABLECOIN DEVELOPMENT FUND

I've received several PMs asking if there was a SBC development fund set up. The answer to that - now there is.

These funds will be fully accounted for through a ledger in the main post and will be used for the following:

*Further development
*Fund necessary activities such as marketing, translation, etc
*Fund the development of various services
*Giveaways
*Bounties
*Other uses as the community sees fit

If you would like to contribute to this fund, the address to send to is shQpTvLDsgCURkfqyBuCjL79aqYwti2FEJ


PLANNED HARDFORK

The previously mentioned hardfork will be released sometime this week. This hardfork will feature a revamp of the difficulty adjustment algorithm and it's goal is to prevent the high difficulty stallouts caused by multipools. It will also reduce the amount of orphans and rejects that miners are seeing. This will result in a more steady block flow, and increased profitability for steady SBC miners. A full change log will be posted upon release.

http://185.16.61.172/address/sYwsFJZDMz144QnY4YmPC48NkQgWYFKGN5

And finally, as predicted by me, you are going to hardfork for spending the 1.25 millions premined !!

Great plan ! Brilliant !

[Hazard]

Oh look, it's this idiot again.

[zavtra]

http://185.16.61.172/address/sYwsFJZDMz144QnY4YmPC48NkQgWYFKGN5

And finally, as predicted by me, you are going to hardfork for spending the 1.25 millions premined !!

Great plan ! Brilliant !

I wish people could be held accountable for their inane predictions.

What are you going to say when the spending of the 1.25 million doesn't happen? Of course you'll just disappear from these threads, until you get another opportunity to troll here again.

This is great, do we also have a dedicated forum ? It would be help to grow the stablecoin community i wouldn't mind actually helping in moderating it.

I'm personally v bullish about this coin and would love to see it grow into one of the major crypto currencies.

The closest thing we have is this, and r/StableCoin:
http://www.reddit.com/r/StableCoin/

[Catswold]

Oh look, it's this idiot again.

Just ignore him.  People who drop in and make nonconstructive, snide remarks that offer nothing to the conversation except hot air, are trolls . . . and very clearly eagleye is one of them.

[fennesz]

There are some bots working overtime on cryptsy's SBC right now.. pretty much any order you place, it will immediately be undercut by some retarded order of 0.007xxxbtc

really annoying.

Also someone on reddit asked what happens to our current coins after the hardfork? im wondering this too

http://www.reddit.com/r/StableCoin/comments/1sfl6s/sbc_hardfork_what_happens_to_my_current_sbcs/

[Hazard]

All coins are carried over... All a hardfork means is that you won't be on the network unless you update your client before the hardfork occurs. So just update your client and you have nothing to worry about.

[Scooby903]

Yet another poll...

https://bitcointalk.org/index.php?topic=363815.0

[CoinGeneral]

Yet another poll...

https://bitcointalk.org/index.php?topic=363815.0

Voted  

I can't believe DOGE is in second place... I am glad I mined it for an hour when it first came out and ended up with a bunch of doges, then I switched back to SBC.... Good to sell off these useless doges later in a pump and dump

 

Also someone on reddit asked what happens to our current coins after the hardfork? im wondering this too

http://www.reddit.com/r/StableCoin/comments/1sfl6s/sbc_hardfork_what_happens_to_my_current_sbcs/

But yes I am also looking for more information on what will happen to our current SBC once the hardfork comes. How hard is it to update to a new blockchain fork / client? Possible to lose coins in the process?

[CrytoEnthusiast]

Hopefully it'll be quick and painless 

[zavtra]

Okay guys, the Russian translation is about 3/4ths done.

It's very slow and painful to do it with my mother, and we just lost a whole block of translation because I was editing through a browser and accidentally went back on a page before saving. No big deal, but about half an hour of work gone. 

I should come very close to finishing, if not finishing by tomorrow. The sooner the better

[Lauda]

http://185.16.61.172/address/sYwsFJZDMz144QnY4YmPC48NkQgWYFKGN5

And finally, as predicted by me, you are going to hardfork for spending the 1.25 millions premined !!

Great plan ! Brilliant !

Very ignorant. We can reject the update anytime, he wouldn't have a place to sell them to.
Pretty pointless.

[artos]

RELEASE - VERSION 1.4

This is a mandatory update before block 312000, approximately 2 weeks from now. The update consists of the following changes:

*Difficulty algorithm changed. Now retargets every 10 blocks, with a maximum of 12% down, or 10% up
*Target block time changed to 60 seconds
*MAX_MONEY reflected to a more proper value
*Alert key updated

The new difficulty algorithm will keep the multipools from jacking the difficulty up and abandoning the coin. The benefits of this should be obvious to all involved.

You may be wondering why the block time was 'changed' to 60 seconds. Blocks were already being generated at this rate due to multipool influence. Since the coin has been launched, the multipools have been wreaking havoc on the difficulty, causing less blocks to be created each day than what was programmed in. If you check the block explorer, typically around 1400-1600 blocks are being created per day, this averages out to about 60 seconds. To avoid a sharp increase in the supply rate, the new rates have been created with this in mind.

Changing the block target time to 60 seconds keeps the generation rate in line with what it has been. The same amount of blocks will be generated each day. However, the key difference is that now the blocks will be going to dedicated StableCoin miners, and not to the multipools. This benefits the miners, of course, but also benefits the investors/speculators. When multipools mine, they instantly dump the coin at market price. Steady miners are less likely to do this.

These new settings will also decrease the amount of orphans/rejects experienced, as blocks will have additional buffer time to propagate the network. This is especially important as we move into more and more foreign markets.

So, all in all, we have the same amount of coins being generated, but with more of them going to the steady miners, and less being dumped on the exchanges. A win/win scenario for everyone - except the multipools, of course.


DOWNLOAD

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

[Scooby903]

Sounds good!  Glad to see you are sticking around and didn't just come back to say a few words to raise the price and cash out