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Author Topic: [ANN][CACH] CACHeCoin released based on scrypt-jane  (Read 224371 times)
vertoe
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March 17, 2014, 11:29:42 PM
 #1281

Lol

Code:
23:21:03 kalgphpbot | New proof-of-work block 12585 detected 27 s late! worth 14.21 cach with 20 transactions
23:26:35 kalgphpbot | New proof-of-stake block 12586 detected 7 s late! worth 0.031896 cach with 53 transactions
23:28:26 kalgphpbot | New proof-of-stake block 12587 detected 6 s late! worth 0.36729 cach with 20 transactions
23:46:18 kalgphpbot | New proof-of-work block 12588 detected 36 s late! worth 14.19 cach with 93 transactions
23:48:05 kalgphpbot | New proof-of-stake block 12588 detected 245 s late! worth 0.037646 cach with 93 transactions
00:24:54 kalgphpbot | New proof-of-work block 12589 detected 79 s late! worth 14.19 cach with 97 transactions

quite some transactions going on tonight Cheesy
singula
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March 18, 2014, 02:36:21 AM
 #1282

Yes, quite huge trade volume on polo, surprisingly it does not have any significant effect on the price - it is quite stable and is not going much up or down.

Big brother is not watching you anymore. Big brother is telling you how to live.
CrunchHarder
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March 18, 2014, 07:52:21 PM
 #1283


Spread the hash rate and mine with the Crunch Harder CACHeCoin Pool
for security, redundancy and stability.


https://cache.crunchharder.net

https://crunchharder.net/images/logo-sm.jpg

Peace of mind CACHeCoin mining with Crunch Harder:

*UK-Based Pool
*High End Dedicated Servers
*Fully Redundant, Fault-Tolerant Architecture
*Automatic Backup of Wallets and Databases
*Technical Support from Experienced Coin Devs and Pool Owners
*Dedicated Support Ticketing System
*4096 Bit SSL Security with SHA256


https://cache.crunchharder.net
r05
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test cryptocoin please ignore


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March 18, 2014, 11:04:30 PM
 #1284


Spread the hash rate and mine with the Crunch Harder CACHeCoin Pool
for security, redundancy and stability.


https://cache.crunchharder.net



Peace of mind CACHeCoin mining with Crunch Harder:

*UK-Based Pool
*High End Dedicated Servers
*Fully Redundant, Fault-Tolerant Architecture
*Automatic Backup of Wallets and Databases
*Technical Support from Experienced Coin Devs and Pool Owners
*Dedicated Support Ticketing System
*4096 Bit SSL Security with SHA256


https://cache.crunchharder.net

Nice to see a UK-based pool. If the nFactor wasn't so high I would definitely get on there.

BTC: 18tS6E9FRnXuh4JitAJykm6YRtJRSkP6jq
XMR: 46BzjaUU1fyfFJ2b9vvg9RXUsw3XQtkaoc7cRkzYxMre69GtCaX6jg3Luc4B6ABHAaBmZNpJ4zzmAiX deGsCiXJJMniDbWE
singula
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March 19, 2014, 02:25:39 AM
 #1285

Sadly, it is empty ... while dedicatedpool has now almost 90% of the network hashrate .... Sad

Big brother is not watching you anymore. Big brother is telling you how to live.
CrunchHarder
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March 19, 2014, 02:28:14 AM
 #1286

Sadly, it is empty ... while dedicatedpool has now almost 90% of the network hashrate .... Sad

Yes, come on guys - spread the hashrate around - https://cache.crunchharder.net is on fully redundant dedicated servers, RAID SSDs, DDoS protected and with automated regular backups of the databases and pool wallets.

kalgecin (OP)
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March 19, 2014, 06:39:28 AM
 #1287

We are happy to announce that we are partnering with Ex0-BAMT project :-) Ex0-BAMT is an opensource project that is the first full graphical interface release of BAMT.  It is an easy to setup mining OS. All you have to do is select which coin to mine and click mine! all in a few steps.
More light will be shed on it by the leader of the project






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...INTRODUCING WAVES........
...ULTIMATE ASSET/CUSTOM TOKEN BLOCKCHAIN PLATFORM...






jasinlee
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Its as easy as 0, 1, 1, 2, 3


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March 19, 2014, 11:11:31 AM
 #1288

Excellent Smiley

BTC 1JASiNZxmAN1WBS4dmGEDoPpzN3GV7dnjX DVC 1CxxZzqcy7YEVXfCn5KvgRxjeWvPpniK3                     Earn Devcoins Devtome.com
Walrusbonzo
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March 19, 2014, 06:32:22 PM
 #1289

Looks like someone is deliberately forcing the price down on Cryptsy Sad
r05
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test cryptocoin please ignore


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March 19, 2014, 10:12:05 PM
 #1290

Looks like someone is deliberately forcing the price down on Cryptsy Sad
Prices are down on Poloniex too. It's just fluctuation.

BTC: 18tS6E9FRnXuh4JitAJykm6YRtJRSkP6jq
XMR: 46BzjaUU1fyfFJ2b9vvg9RXUsw3XQtkaoc7cRkzYxMre69GtCaX6jg3Luc4B6ABHAaBmZNpJ4zzmAiX deGsCiXJJMniDbWE
Walrusbonzo
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March 19, 2014, 10:41:03 PM
 #1291

Looks like someone is deliberately forcing the price down on Cryptsy Sad
Prices are down on Poloniex too. It's just fluctuation.

Looks more like bot action on Cryptsy.
thedude11
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March 20, 2014, 01:27:27 AM
 #1292

Looks like someone is deliberately forcing the price down on Cryptsy Sad
Time to stock up on some Cache  Grin

singula
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March 20, 2014, 04:18:18 AM
 #1293

I decided to try to do something with dedicatedpool having 90% of the hashrate. As things like saying "please distribute hashrate more evenly" (even if you would write them in 100pt red blinking font) have almost no effect, I had to think about something different.
What would persuade miners to mine elsewhere? 0% fee? No, there is already a CACHe pool with 0% fee and while it is slowly getting users, its growth is slow and having second 0% fee pool won't have probably any significant effect - not enough miners see 0% fee as advantage lsrge enough to join a small pool. The only way would be to somehow offer significantly better services in some aspects (while in other aspects offer at equally good or slightly better services)

So - many complaints on the pool support are about long confirmations. It is 520 blocks. About 5 days. Did the pool owners say that they can't sent the coins earlier and did they babble something about "coin maturity", "unconfirmed" and "impossible"?
Maybe they really can't. But we can and we will!

Mine at http://cach.catcoin.cz and we will simply send you your mined coins much sooner than after 520 confirms - let's just cut down the time and pay miners after mere 90 confirms - approximately one day!

So all miners on http://cach.catcoin.cz will have their mined coins in their local wallets after a day, people mining elsewhere have to wait 4 more days than that to get to their coins. No other pool can currently do that Smiley
All miners still get exactly the same amount of coins as usual - but they get them several days earlier!

How is it possible? How does it work:

Pool is using a coin buffer, supplied by pool operators - as long as there are enough confirmed coins in the buffer to pay for oldest unconfirmed block, users are paid.
For every block paid out, the same amount of unconfirmed coins is assigned to the buffer, where they wait to be confirmed.

The new payment system is robust - even if everybody on the pool decides to request a payout of all their funds in the same moment for some reason (price spike at exchanges?),
there would be enough confirmed coins to pay everybody out instantly.

Following picture should explain how it works and you can see the benefit of the new payout system.



Performance:

The performance of the early-payment feature depends on amount of coins in the buffer and on number of found blocks (that in turn depends on percentage of network hashrate).
Considering current situation, the optimistic target of sending coins after 1 day will hold up until about 30 MH/s pool hashrate, after that the delay will gradually increase (the buffer is not infinite and can only cover certain amount of blocks Smiley).
In the absolutely worst case (pool getting somehow close to 100% hashrate in a spike, where there are not much PoS blocks - very unlikely to happen, though) the coins would be paid out still almost a day earlier than usual. At pool having 50% of network hashrate (possibly somewhat realistic scenario), coins would be paid out 2-3 days earlier.
Note that the early payments are capped at 90 blocks (the pool will never pay out blocks earlier than after 90 confirmations, i.e. about 1 day)

Well, after turning the system on, lot of miners suddenly received 4-days worth of mined coins (what a pleasant surprise Smiley and of course, from now on, all miners will receive mined coins after only a day of confirming.

Big brother is not watching you anymore. Big brother is telling you how to live.
Jodlar
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March 20, 2014, 08:19:55 AM
 #1294

CACHe going down?   Huh

From $4 to $0.8 in few days?  Embarrassed
Walrusbonzo
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March 20, 2014, 08:23:57 AM
 #1295

Yep, totally tanked. But it's bot action on Cryptsy. I just hope after they've filled their boots they pump it back up.

I've just bought 50% more than I'd mined.
atlosas
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March 20, 2014, 12:24:46 PM
 #1296

It was up because of fibonacci project accepting them at fixed rate of 0.01 btc.
Bambouca
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March 20, 2014, 01:39:08 PM
 #1297

I have 1 question for this coin, what is the planed PoW PoS Ratio i have found nothing about that.
To the point that the coin value is crashing down, its not a wonder couse much peoples have mined the coin to buy miners and now they have spend there coins and fibonaci has to make the coins to dollars so there is a big ammount of coins that needs to get into $. The question is can the coin get back to old highs after this phase or is it stick to the low rates then.

And maybe i have a nice solution for the to big pools problem: Maybe it is possible to allow to get only 1 PoW out of 5 or so. Then its not longer the biggest pool that counts couse a smaller pool in the top 5 gets the same pool earnings and the miners get more for mining on a smaller pool in the top 5. That reduces the overall hash rate a bit but makes the coin even more Multipool secure. Couse even if a multipool puts in 100 Mhs it can only get 1 out of 5 so the lowest hash rate out of the top 5 counts.
Slipknot79
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March 20, 2014, 07:30:53 PM
 #1298

Seems CACH grows, go an buy CACH, ya wont see that low value dat soon.

singula
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March 21, 2014, 02:16:37 AM
 #1299

I have 1 question for this coin, what is the planed PoW PoS Ratio i have found nothing about that.

Should be about 1:1, but due to hashrate changing quite rapidly it is often way lower or higher than that.

And maybe i have a nice solution for the to big pools problem: Maybe it is possible to allow to get only 1 PoW out of 5 or so.

That won't work. Big pool can just mine into 5 separate wallets, once block in one wallet is fond, pool switches to another wallet and mining continues Smiley
Could be nice, but it is almost impossible to invent such a limitation that would actually not be easy to cheat and won't affect "small" miners at the same time ...

Better way is to diversify the pools. People now mine on dedicated because they are big, but they have 2% fee and their all time percentage for CACH (106.50%) or their 7day percentage (103.64%), when they have majority of the hashrate is not very good (their pool was unlucky and needed 106.5% of expected time to find a block, thus mining only 94% of coins that would be expected from their hashrate) and can mean either just a bad luck, or possibly a suboptimal pool configuration.

The recent hashrate shrinkage hit them harder than other pools (so they no longer control 90% of the hashrate, but "only" about 65%), so other pools have now chance to gain some miners by offering something better than they have.

There is one pool that offers 0% fees (http://cache.cryptocoinpool.net) and on my pool I have implemented "early payouts" feature - while on other pools you have to wait 520 blocks for your coins, I found a way to pay miners earlier (So if you mine on http://cach.catcoin.cz - you receive the same amount of coins as usual, but you just get your coins (fully confirmed!) earlier - can be quite an advantage if you intend to buy something for the coins, giving you 4 days headstart Smiley There is a nice image on http://cach.catcoin.cz explaining how the system works Smiley

I hope that early payouts and zero fees will attract distinct group of miners preferring different advantages offered by different pools and in the end the hashrate will be distributed more properly, once more miners will hop in after the diff settles a bit. I hope, at least Smiley

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March 21, 2014, 08:56:41 AM
Last edit: March 21, 2014, 09:07:18 AM by Sy
 #1300

You forgot the link to Ex0-BAMT
https://bitcointalk.org/index.php?topic=524478.0

And yes, the value tanked, which was as expected, Fib took orders for a day at a fixed 0.01 CACH/BTC and after that adjusted to market value, since the "discount" vs btc was gone the coin pretty much become useless - thus going down in value in par with all the other coins that have no use - i won't say anymore, everyone can think for himself about that.

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