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Author Topic: [ANN][MOON] Mooncoin: You know where it's headed! KGW exploit FIXED 4/3/2014  (Read 1106495 times)
coinflow
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August 18, 2014, 09:01:39 PM
 #6381

Do you know that after 3000 blocks * 90 sec (form now on) = ~75 hours later production will drop sharply.   Grin


What's sharply?  What's the subsidy now and what will the new subsidy be?    Thx.

Average 500.000 per block will drop to 300.000 in ~72 hours.

Man, I don't consider 40% sharp.  90% would be more like it but that's still massive inflation.

That said, don't expect anything with only a 40% drop in inflation.

I really can't believe the devs haven't killed the inflation yet with a simple code update.  Take it down to 50,000 [or less], a 90% drop.  

Many coins have done it with positive effects.


Cheers!



+1 There is no strategy here.

Sure it is: Never change a running system.

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August 18, 2014, 10:13:24 PM
 #6382



Sure it is: Never change a running system.


Paper fiat, the dollar et al are running system and they're running straight into the ground for the very same exact reason as this alt-coin:  MASSIVE inflation.

Why would any alt coin do that when the correction can be made with one very simple and FREE code update.

This flawed logic is beyond me.  I'm glad a few alts I have invested in have taken my advice and have changed their subsidy (inflation) and max supply caps (dilution).

Now when demand comes back they will be huge beneficiaries from the much lower supplies. 

iXcoin - Welcome to the F U T U R E!
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August 18, 2014, 11:08:01 PM
Last edit: August 19, 2014, 12:41:09 AM by coinflow
 #6383



Sure it is: Never change a running system.


Paper fiat, the dollar et al are running system and they're running straight into the ground for the very same exact reason as this alt-coin:  MASSIVE inflation.

Why would any alt coin do that when the correction can be made with one very simple and FREE code update.

This flawed logic is beyond me.  I'm glad a few alts I have invested in have taken my advice and have changed their subsidy (inflation) and max supply caps (dilution).

Now when demand comes back they will be huge beneficiaries from the much lower supplies.  

What I don't understand: why do you want to alter coins, that are conceived in a special way? Edit: Do you want to be them all the same?
I don't see anything wrong with a huge amount of coins. Can be spread more broadly to give a better base of coin-holders, which is good in the long run for the stability of a coin. Furthermore, it is relatively irrelevant, how many coins are issued for the value of the units of paper fiat. You just have to own more, to get the same value (in paper fiat (sic!)). In the long run, I don't consider coins with more units worse than those with less (because it all depends on how many you own and KEEP, i.e. not exchanging for other coins/fiat). If it would matter, we should issue a kind of One-Coin-Currency (OCC-coin), consisting of only one coin to be mined over an infinite timeframe. What do you think? With your logic, this one is priceless - hence the highest value to hunt for it, but at the same time can be owned only by one person alone - after eternity and a day ... What's the worth of such a currency ...?  Roll Eyes

Edit:
Mooncoin has a fixed amount of 384.4bn coins - equalling the distance of the Moon from the Earth in millimeters. The coin-production in huge amounts is only taking place at the beginning, i.e.: now/over the first year. So if you get your stake now and keep it, there is a good chance to be a lucky one later on ...
I'll paste the links to Wekkels excellent graphics/charts - illustrating the production rate and inflation - here once again:
https://bitcointalk.org/index.php?topic=389403.msg8256256#msg8256256
https://bitcointalk.org/index.php?topic=389403.msg8260630#msg8260630
FYI: we are already in the there mentioned Apollo period and about half of the "extra" ~25bn MOON of this phase have already been mined until now - which leads us to the interesting question, why the price is not dropping significantly with this massively increased coin-production over these few days?

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August 19, 2014, 07:53:38 AM
 #6384

Suche wallet wer kann helfen?

Hello everybody longtime no see
today I feel so good
I will come to rich in future



 
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peme
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August 19, 2014, 08:49:02 AM
 #6385

Suche wallet wer kann helfen?

mooncoin.info is offline ... wait a while. If it is online again you find the wallet download there.
Alter28
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August 19, 2014, 09:06:36 AM
 #6386

ok danke

Hello everybody longtime no see
today I feel so good
I will come to rich in future



 
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agswinner
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August 19, 2014, 12:27:02 PM
 #6387

Re member this .....i will create a new client with new look ... new logo for mooncoin . But the new code (hard fork) will only take effect on block 200,000."

Mooncoin Community New Fund address : MLfg3H5V81ZKBHA8qe35U2L28T2sgXkY1L
Web wallet : https://cointopay.com , Mooncoin web :  http://mooncoin.com
http://twitter.com/mooncoinitalia , https://www.facebook.com/mooncoin.italia/
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August 19, 2014, 01:22:50 PM
Last edit: August 19, 2014, 01:35:04 PM by coinflow
 #6388

Re member this .....i will create a new client with new look ... new logo for mooncoin . But the new code (hard fork) will only take effect on block 200,000."
Are you the dev of this coin?
I don't think so. We already had problems with "new" or "other" (inofficial) wallets at the beginning, leading to rumors, that the wallet contains a virus (which isn't true for the official ones, of course).
So people in need of a wallet: rather wait for the official site to come back, than downloading something from somewhere.

If a new wallet is necessary, that is not provided by deaconboogie, we as a community should find a new dev (or team of devs) prior to releasing any new wallet. See the work of gjhiggins first: https://github.com/mooncoin-project/mooncoin-landann  (and his posts here in this thread), who already developed a new wallet for Mooncoin as a test and he was given credit by deaconboogie (MOON-dev) already: http://www.reddit.com/r/MoonCoin/comments/28hd19/fresh_mods/cidd4xp

Edit: Alternatively, you can always build the wallet yourself from the official GitHub-sources: https://github.com/realmooncoin/mooncoin

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August 19, 2014, 01:23:55 PM
 #6389

Re member this .....i will create a new client with new look ... new logo for mooncoin . But the new code (hard fork) will only take effect on block 200,000."

No-one seemed particularly enthused or interested. Change in a stable p2p environment is a hard sell. That's the way things are.


Cheers

Graham
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August 19, 2014, 02:06:50 PM
 #6390

Re member this .....i will create a new client with new look ... new logo for mooncoin . But the new code (hard fork) will only take effect on block 200,000."

No-one seemed particularly enthused or interested. Change in a stable p2p environment is a hard sell. That's the way things are.


Cheers

Graham


mooncoin works great. no need for a code-change. no need for a new client. and the logo is cool. no need to change anything. lets give moon some time. its a great coin.  Smiley
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August 19, 2014, 07:53:12 PM
 #6391

I'm investor ...not dev! Community need mobile wallet!

Mooncoin Community New Fund address : MLfg3H5V81ZKBHA8qe35U2L28T2sgXkY1L
Web wallet : https://cointopay.com , Mooncoin web :  http://mooncoin.com
http://twitter.com/mooncoinitalia , https://www.facebook.com/mooncoin.italia/
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August 19, 2014, 09:25:58 PM
 #6392

I'm investor ...not dev! Community need mobile wallet!

+1 Bring on the Mooncoin Android wallet  Cool

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August 19, 2014, 09:27:52 PM
 #6393

I'm investor ...not dev! Community need mobile wallet!

Yes, but a mobile wallet does not need a hardfork.
If you want to to add a mobile wallet, that's great - but create it based on the original code and present it here or to the dev, to be checked out before advertising it. Thanks.

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August 19, 2014, 10:32:50 PM
 #6394

Im thinking the possibility of coinflow could be deaconboogie. Because he is the only one from the real beginning, and supporting here in the forum every request from lot of people, and too on reddit, and deaconboogie is missing since months...

What is the reason to code and program a coin and never talk with the people which invest money on it, or simply the miners which mine it....

Where is he? Why he never talks on forum or reddit, because coinflow = deaconboogie

 Cheesy Cheesy Shocked Roll Eyes

All is an illusion, there is only energy flowing
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August 19, 2014, 11:08:29 PM
 #6395

Im thinking the possibility of coinflow could be deaconboogie. Because he is the only one from the real beginning, and supporting here in the forum every request from lot of people, and too on reddit, and deaconboogie is missing since months...

What is the reason to code and program a coin and never talk with the people which invest money on it, or simply the miners which mine it....

Where is he? Why he never talks on forum or reddit, because coinflow = deaconboogie

 Cheesy Cheesy Shocked Roll Eyes

No. Unfortunately I'm also waiting for an answer by him regarding the stuck block explorer and the offline mooncoin.info-site.
BTW: Funnily enough I thought the same about Graham (gjhiggins) some time ago. Maybe he can shed light on that? Graham, are you deaconboogie?  Cheesy Cheesy Cheesy

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August 20, 2014, 12:06:42 AM
 #6396

Graham, are you deaconboogie?

I can only point to evidence that I am Graham Higgins, unfortunately I cannot point to evidence that I am not deacon boogie.

Cheers

Graham
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August 20, 2014, 02:00:41 AM
 #6397



Soooo, is MOON going to the MOON soon?

lol.

iXcoin - Welcome to the F U T U R E!
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August 20, 2014, 03:03:16 AM
 #6398

Soooo, is MOON going to the MOON soon?

Could Moon actually go to the Moon? In reality? I don't see any reason not. I don't see any reason why this particular group of aligned interests shouldn't start investigating down here the issues pertaining to what it'll be like using only cryptocurrency in real lunar life up there, just like other formal research programmes. Simply re-orient the elevator pitch slightly and Moon becomes everyone's opportunity to engage in genuine, honest-to-betsy, blue-sky research preparing for the time when humankind finally manages to get to its first save point and also solves the problem of what to do with 38 billion MOON.

Unlike many other altcoins, it doesn't take much imagination to ground Moon in the existing current of related human endeavour. There is the option of hitching up to a wide variety of lunar-related scientific programs and activities, large and small, across the entire globe, validating the coin's role at the same time by lending whatever support it can to the efforts.

One immediate opportunity is obvious, researchers and engineers are almost always struggling with inadequate budget, if Moon can offer genuine economic and financial value, they'll be interested. And, with an intelligently-designed education program of some degree of appeal, Moon can offer Joe, Janet and young Joey Public an opportunity to use it as vehicle to engage lightly with the effort as a whole or more deeply in specific detail.

Things will be different living on the Moon. For a kickoff, they just won't be using a currency with metal coins and plastic notes. And whilst some things are already nailed down by treaty (the Moon Treaty bans any state from claiming sovereignty over any territory of the Moon), no-one's made any move yet to establish a position of primacy with respect to the currency to be used on this celestial body.

We are the first generation(s) of the Space Age, we're the ones reaching out to the moon, our descendants will eventually grasp it. Only time will reveal when that will be but there's no reason why we shouldn't actually join the effort. Yeah, MOON can go the moon.

Cheers

Graham
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August 20, 2014, 05:45:19 AM
 #6399

It seems selling is picking up a bit. 4 Litoshi is being defended.

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August 20, 2014, 06:19:25 AM
 #6400

Wohooo! I was just about to use my Moon wallet to level my dining table... But now, TO THE MOON!!!

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