[ANN] microCoin MRC - alcurEX - Scrypt-Jane - nFactor

[elpis]

The devs are just dumb copy-pasters! Sell all your coins at 1 satoshi - great dump already in progress!

UPD. Only 25 bitcoins of 50 left at mintpal.

0.00000001----25 BTC  

[1714626617]

1714626617

[1714626617]

1714626617

[1714626617]

1714626617

[reftop123]

And WHY?
Because DEVS ARE MORONS!
BLOCK REWARD NOW 310000!
I can make a month amount in 24 hours!
Profit x30 now, while you can sell at 1 satoshi. And this would not be long))))

[Bansheroom]

Blockexplorer is running now on http://microcoin.alcurex.info/block-explorer

Nice, thanks for fixing that.

I would like to hear a word about the serious 310K block reward bug anyway.
We dont have much time to fix this, its hurting the coin already.

[reftop123]

Blockexplorer is running now on http://microcoin.alcurex.info/block-explorer

Nice, thanks for fixing that.

I would like to hear a word about the serious 310K block reward bug anyway.
We dont have much time to fix this, its hurting the coin already.

Peoples already closing their orders at 2-5 satoshis and dump at 1!
Coin will be cheap trash in 24 hours.
Hurry! Only 23 btc left!

[randywald]

Panic is not a good friend ...

[halibit]

This is why that happen:
Coin is not broken, but it is not correct if there need to be count down for 0.01 steps:

Code:

		else if(nHeight >= 310000)    				// Decreasing block size, slowing down with -0.01 steps.  ** Blocks: 310001 - rest
        {
				nSubsidy = (310000 - ((nHeight - 310000) * 0.01)) * COIN;
				if (nSubsidy <= 1000) nSubsidy = 1000; // 

Actually it count down correct but not from 10,000coins, but from 310000 coins.

[luohuiao]

Can you resolve it now? Or?

[halibit]

We can make hard fork.

[Buratino]

Wallet fix update ETA?

[reftop123]

This is why that happen:
Coin is not broken, but it is not correct if there need to be count down for 0.01 steps:

Code:

		else if(nHeight >= 310000)    				// Decreasing block size, slowing down with -0.01 steps.  ** Blocks: 310001 - rest
        {
				nSubsidy = (310000 - ((nHeight - 310000) * 0.01)) * COIN;
				if (nSubsidy <= 1000) nSubsidy = 1000; // 

Actually it count down correct but not from 10,000coins, but from 310000 coins.

That's pretty clear. But the problem is not broken coin or not, reward is 30 times higher, so price will be around 30 times lower.
22 btc left.

[halibit]

We can make hard fork with right code.
How about if we drop block reward stable 1,000 for rest of life as many asking?

[phil92]

We can make hard fork with right code.
How about if we drop block reward stable 1,000 for rest of life as many asking?

+1

[djm34]

This is why that happen:
Coin is not broken, but it is not correct if there need to be count down for 0.01 steps:

Code:

		else if(nHeight >= 310000)    				// Decreasing block size, slowing down with -0.01 steps.  ** Blocks: 310001 - rest
        {
				nSubsidy = (310000 - ((nHeight - 310000) * 0.01)) * COIN;
				if (nSubsidy <= 1000) nSubsidy = 1000; // 

Actually it count down correct but not from 10,000coins, but from 310000 coins.

That's pretty clear. But the problem is not broken coin or not, reward is 30 times higher, so price will be around 30 times lower.

chill...
It just need to be fixed (clearly asap) what was the reward before (I lost track, since I didn't mine it for quite some time) ?

[halibit]

I can make code fix:
            nSubsidy = (310000 - ((nHeight - 310000) * 0.01)) * COIN;
is not right.
What we want to be?

I have windows and linux computer ready for compile new wallets, jus give me right code.

[Buratino]

We can make hard fork with right code.
How about if we drop block reward stable 1,000 for rest of life as many asking?

+1
Seems 24 billions number of coins is enough excessive amount for circulation.

[Bansheroom]

This is why that happen:
Coin is not broken, but it is not correct if there need to be count down for 0.01 steps:

Code:

		else if(nHeight >= 310000)    				// Decreasing block size, slowing down with -0.01 steps.  ** Blocks: 310001 - rest
        {
				nSubsidy = (310000 - ((nHeight - 310000) * 0.01)) * COIN;
				if (nSubsidy <= 1000) nSubsidy = 1000; // 

Actually it count down correct but not from 10,000coins, but from 310000 coins.

That means we have an unwanted dilution of 300.000 coins every 32 seconds, about 810 MILLION coins every day this is not fixed.

The question is and was: How and WHEN will this be fixed.

[djm34]

We can make hard fork with right code.
How about if we drop block reward stable 1,000 for rest of life as many asking?

It isn't (in my opinion) a good idea (as it just advantage big bag holders)
May-be once alcurex will be in business so there will be more incentive on mining MRC.
But for now it is too early and will scare away the small miners (and those having already large amount, won't see any interest in keeping mining for practically no reward).
Doing this will kill either the coin or the network (or both)

It should decrease gradually (as planed) to 1000

[phil92]

I can make code fix:
            nSubsidy = (310000 - ((nHeight - 310000) * 0.01)) * COIN;
is not right.
What we want to be?

I have windows and linux computer ready for compile new wallets, jus give me right code.

1/ nSubsidy = (10000 - ((nHeight - 10000) * 0.01)) * COIN; if we keep 10K reward

2/ nSubsidy = (1000 - ((nHeight - 1000) * 0.01)) * COIN; if we make it 1K reward

You guys confirm ?

[randywald]

What if we make reward 10,000 descending by 0.1 or 0.05 every block and not 0.01 until we reach 1,000?

[Bansheroom]

We can make hard fork with right code.
How about if we drop block reward stable 1,000 for rest of life as many asking?

+1
Seems 24 billions number of coins is enough excessive amount for circulation.

We have more tha 25 billions of coins already and yes, i vote for this solution now.