[ANN][MOON] Mooncoin: You know where it's headed! KGW exploit FIXED 4/3/2014

[agswinner]

Mooncoin (MOON) has been added to @Cointopay online wallet, System crypto payment #altcoin #cryptocurency

https://cointopay.com/index.jsp

 

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[Mooncoin_Foundation]

The Moonlite Test Version description

What is Moonlite?
Moonlite is a decentralized operating system, based on Mooncoin blockchain, that runs SMART LIKES.
Users input commands at forum or on their websites, a Moonlite web crawler recognizes commands and processes them automatically.
An Unix Timestamp is being used to avoid double executing.

How Smart Likes work?
Do you like any project that contributes to scientific or social progress? You are able to "like" it with your moonlite and benefit from it, if other users "like" it, too. 1% of moonlite, with which you like a project, is donated automatically to a project you like. Since that moment only admins of the project (even if it is NASA) have an access to moonlite which you have donated to them, and they can use it as soon as they create a file mlsend.txt with a proper Moonlite command in a root directory of their project. But you are able to unlike a project whenever you want and to get your moonlite back (except 1% donated to a project) at a current rate (a smart likes rate) of the project you want to unlike. The rate depends on how many users like this project.

What is moonlite?
Moonlite bonuses (or moonlite, or briefly ML) is what you need as a necessary element for operating the Moonlite platform.
Every Moonlite bonus (or moonlite) is an intangible thing. It is a "like", an approval, a favor, a good wish, which you can send to a project or to an asset, which you like.

What do I need to start using Moonlite?
To input a command in your new post at Bitcointalk (as currently it is the official forum of Mooncoin users).
 
Is it safe?
Yes. You don't need to install any additional soft. Moonlite is not for sale, you cannot buy it. It is a safe mode now, a test period.

Edit: the information above is OUTDATED.

[okane]

@Mooncoin_Foundation Does anyone have access to modify the Original Post and Forum Title?  with MoonLite progressing it would be good to have an updated OP and title?  Or consider opening another thread?

[Mooncoin_Foundation]

@Mooncoin_Foundation Does anyone have access to modify the Original Post and Forum Title?  with MoonLite progressing it would be good to have an updated OP and title?  Or consider opening another thread?

No, an original dev is not in Foundation. We knew nothing about what happened to him. He had disappeared suddenly after reporting health problems in 2014.

Also we are not yet an established organization, some plans about registering in Italy, but no ETA yet. We were thinking this March about meeting offline at conference somewhere in Europe, but some members have voted against it. In fact we are just MOON investors,  every member of Foundation has more than 1 Billion of Mooncoins, many coins are at Cryptsy though, so we are trying to unite people to protect their rights and to help MOON, also to contribute to social and scientific progress a little (or maybe a lot - in future, who knows!) with a Mooncoin/Moonlite project, also we share philosophy of decentralization.

We discuss some questions via PMs, but everything important is appearing here, so no any "shady" discussions or making decisions, it's hard to believe maybe, but on here really YOU decide everything, you, who post here and own Mooncoins, if the most of Moonies say no Moonlite, there will be no Moonlite (as everything with truly decentralised nature depends on common people, if they don't use it, even a good idea will not work), if you say let's start a new thread, we will start a new thread (but first need to complete some Moonlite features). In June maybe, if people agree.

Edit: devs, any talented persons are welcome to come together and to consolidate their efforts, to take MOON to its full potential.
It's fair, it's not money oriented, it's a long term project.

[Mooncoin_Foundation]

Here is an interesting detailed independent investigation http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins into fairness of distribution/mining of many well-known coins.

The author says regarding Mooncoin: "This isn't a sneaky or hidden fastmine". At the same time he indicates that:
"The first reward halving goes from 2,000,000 for the first 100,000 blocks to 1,000,000 up to block 200,000. After that, the block reward begins to halve faster; at block 250,000 (600K Mooncoin), then block 300,000 (350K Mooncoin) and block 350,000 (175K Mooncoin). This shortens the block generation period in half, which quickens the rate of coin generation to a smaller amount. This process accelerates as block 375,000 ends a quick 25,000 block generation period of 100K Mooncoin. A mere 9,000 blocks, up to 384,000 blocks, brings about another block halving to 50K Mooncoin. After this, the rest of the coin generation is a tepid 29,531 Mooncoins per block.
Bitcoin's block halving is simple and slow. From 50 BTC per block, to 25 BTC, to 12.5 BTC, and to 6.25 BTC per block over 16 years. Mooncoin was started on December 30th, 2013. My March 26th there were 58 billion Mooncoin, which was about 15% of the total expected production. By May, there were 98 billion Mooncoins in existence, representing 25% of the total expected production".

There are also very interesting facts about Nxt, Dash (formerly Darkcoin) and other famous coins in the investigation. And it's interesting what would the author say about ICO coins which are popular these days?

[Mooncoin_Foundation]

To prove that Mooncoin was really fair unlike many coins, even with a described above scheme of reward halving, there is one simple fact: first adopters couldn't gain a lot at the beginning simply because of when rewards were big, more miners were mining Mooncoin (during 2 days after a launch of Mooncoin people have posted ~2,000 posts  which indicates how many miners were active those days),
the author forgets that (if we speak about fairness and the first adopters) it matters how many Mooncoins ONE miner was and is able to mine and for which price he/she can/could sell it. The initial price of Mooncoin was 0.00000001 BTC and now it's not higher unlike Bitcoin's price (in 2009-2011 its price was $0.001-$1 and common people had no chance even to hear about Bitcoin, so first adopters were able to mine hundreds of thousands of bitcoins, no matter how block halving worked).
Quite the opposite, in late 2013, when Mooncoin was launched, almost everyone had heard already about Bitcoin and cryptocurrency from TV, Internet, so way more people had equal chances. The launch of Mooncoin was a pre-announced event, and many people were mining it (there was some mix-up at the beginning though).

[Mooncoin_Foundation]

Does MOONcoin still give extra rewards every lunar cycle ?

"Every block number based on the lunar cycle will be awarded a 2x payout bonus!"

Currently a block reward is a 29531 MOON (fixed) since a few months. "That's based on the number of days, the moon needs to orbit the earth: 29.531 days on average. Plus possible fees for the transactions of course (e.g. when combining many "dust transactions" to one big amount)".

Edit: sorry, not completely correct, currently a block reward is a 29531 MOON indeed, but

if you read an original code:
if (nHeight % 29531 == 0) {
                // a prize for ever lunar cycle
                nSubsidy = nSubsidy * 2;
        }

nHeight  is a current block
nSubsidy is a block reward
nSubsidy is 29531 Mooncoins currently

nHeight % 29531
% is a modulus operator or remainder operator,
if you had, say, 10 % 5 the answer would be 0 (10/5=2, remainder 0).
if 10 % 6 the answer would be 4 (10/6=1, remainder 4).

so if it is a block, say, 800 000,
800 000/29531=27, remainder =2663 so remainder is not = 0 and nSubsidy=nSubsidy=29531
but every 29531 block we have a result %29531=0,
for example, 767806/29531=26.000, 797337/29531=27.000, 826868/29531=28.000
which means that for these blocks (767806, 797337, 826868 etc with an interval of 29531 blocks) and ONLY for these blocks
the rewards are nSubsidy * 2 or 29531*2=59062.

That means that approximately one block per month gives miners a double reward and about 350,000 Mooncoins every year come from:

• Every block number based on the lunar cycle will be awarded a 2x payout bonus!

[Mooncoin_Foundation]

Do people agree that before starting a new thread,
we need to have an up-to-date wallet based on the latest Litecoin core
https://github.com/mooncoin-project updated in 2016 by Graham (http://minkiz.co) https://github.com/mooncoin-project/mooncoin-landann
that will not require adding nodes manually to get it synched?

[CryptoDatabase]

Earn up to 2k+ MOON hourly at our Mooncoin Faucet located at http://cryptodatabase.net

Steadily giving out MOON since 2014

Want to help keep the faucet running for even more years to come? Feel free to donate MOON to 2ReXBt2xQcTmFYiFnGZXnwDg5vnSjuq5uK

[Mooncoin_Foundation]

Earn up to 2k+ MOON hourly at our Mooncoin Faucet located at http://cryptodatabase.net

Steadily giving out MOON since 2014

Want to help keep the faucet running for even more years to come? Feel free to donate MOON to 2ReXBt2xQcTmFYiFnGZXnwDg5vnSjuq5uK

Do you have a direct link to your MOON faucet?
How many coins it gives away currently?

[CryptoDatabase]

Earn up to 2k+ MOON hourly at our Mooncoin Faucet located at http://cryptodatabase.net

Steadily giving out MOON since 2014

Want to help keep the faucet running for even more years to come? Feel free to donate MOON to 2ReXBt2xQcTmFYiFnGZXnwDg5vnSjuq5uK

Do you have a direct link to your MOON faucet?
How many coins it gives away currently?

You have to be logged in to view the direct link but it's http://cryptodatabase.net/faucet

The amount it gives is random and changes every 5 minutes.  The bare minimum you can earn is 200 MOON and the maximum amount is currently 1000 MOON. These numbers can be increased by 100% with referrals.

[Mooncoin_Foundation]

Thank you,
it's definitely more than 100 Mooncoins at another MOON faucet: http://cryptoguru.tk/Faucet/index.php?Currency=MOON.

[agswinner]

Do people agree that before starting a new thread,
we need to have an up-to-date wallet based on the latest Litecoin core
https://github.com/mooncoin-project updated in 2016 by Graham (http://minkiz.co) https://github.com/mooncoin-project/mooncoin-landann
that will not require adding nodes manually to get it synched?

very interesting to have new thread with updated information and new wallet , so I agree
 

[killerjoegreece]

Up to date wallet would be awesome sir. then make the new ann and start from there. this is looking great for mooncoin!

[barrysty1e]

Up to date wallet would be awesome sir. then make the new ann and start from there. this is looking great for mooncoin!

its already out?
https://github.com/mooncoin-project/mooncoin-landann

works well

[killerjoegreece]

does the cryptodatabase pay out ok guys?

[killerjoegreece]

Up to date wallet would be awesome sir. then make the new ann and start from there. this is looking great for mooncoin!

its already out?
https://github.com/mooncoin-project/mooncoin-landann

works well

is this wallet an official one with updated code?

[Mooncoin_Foundation]

Up to date wallet would be awesome sir. then make the new ann and start from there. this is looking great for mooncoin!

its already out?
https://github.com/mooncoin-project/mooncoin-landann

works well

Yes, this code is great and official,
the problem for common users though that it has outdated seeds of mooncoin.info
and people need to add nodes manually to get a wallet synched.
Also people voted earlier to leave an original logo.
There is no official compilation of mooncoin-landann.
The previous version compiled by an original dev (who has not been seen since 2014)
is severely outdated and people ask for another wallet,
and compiled by an independent person.

That's why we have contacted walletbuilders.com https://bitcointalk.org/index.php?action=profile;u=470761

they updated a code (all contributions are transparent and can be seen at https://github.com/walletbuilders/Mooncoin )
Mooncoin 1.875.1 compiled from Mooncoin 1.871.1.0 minkiz.co https://github.com/mooncoin-project/mooncoin-landann

Contributions are:
(1) up-to-date nodes
(2) checkpoints: ( 150000, uint256("0xddd419a09a4332a8830cf0e91171ee511dfb31888f5ce852e111699026f0acc5")) ( 300000, uint256("0x6e01c091825c580a5d8994d46015bf8bc8e2b8266fcae0f33f2ff88d01faa96c")) ( 650000, uint256("0xb34318f04a9ba572487702bc83f6327af445f2b1faab43770742bc1b0a04a74b")) ( 828932, uint256("0x41a17797c1b13a689cd16db003d31cf34e0d8b5ab24d90595f0794c453f7987e"))
(3) an original logo from https://github.com/mooncoin-project/mooncoin

[barrysty1e]

Up to date wallet would be awesome sir. then make the new ann and start from there. this is looking great for mooncoin!

its already out?
https://github.com/mooncoin-project/mooncoin-landann

works well

Yes, this code is great and official,
the problem for common users though that it has outdated seeds of mooncoin.info
and people need to add nodes manually to get a wallet synched.
Also people voted earlier to leave an original logo.
There is no official compilation of mooncoin-landann.
The previous version compiled by an original dev (who has not been seen since 2014)
is severely outdated and people ask for another wallet,
and compiled by an independent person.

That's why we have contacted walletbuilders.com https://bitcointalk.org/index.php?action=profile;u=470761

they updated a code (all contributions are transparent and can be seen at https://github.com/walletbuilders/Mooncoin )
Mooncoin 1.875.1 compiled from Mooncoin 1.871.1.0 minkiz.co https://github.com/mooncoin-project/mooncoin-landann

Contributions are:
(1) up-to-date nodes
(2) checkpoints: ( 150000, uint256("0xddd419a09a4332a8830cf0e91171ee511dfb31888f5ce852e111699026f0acc5")) ( 300000, uint256("0x6e01c091825c580a5d8994d46015bf8bc8e2b8266fcae0f33f2ff88d01faa96c")) ( 650000, uint256("0xb34318f04a9ba572487702bc83f6327af445f2b1faab43770742bc1b0a04a74b")) ( 828932, uint256("0x41a17797c1b13a689cd16db003d31cf34e0d8b5ab24d90595f0794c453f7987e"))
(3) an original logo from https://github.com/mooncoin-project/mooncoin

holdup; does mooncoin have no current dev?
i hope walletbuilders wasnt sent a lot of coin as these changes are trivial even for entry-level copy/paste 'developers'.
i'd be more than happy to jump in and keep MOON current.

[killerjoegreece]

is there a windows exe for the landann wallet?