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sakkosekk
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January 23, 2014, 09:13:57 AM |
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We got to keep this alive.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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bholzer (OP)
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January 23, 2014, 12:15:52 PM |
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New release (v0.8.6.1) with checkpoints and other minor enhancements. This upgrade is not mandatory.
Also, Mac OS X wallet added.
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Last1212
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January 24, 2014, 04:21:04 PM |
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What about block rewards and block reward decrease? Cannot find any info  |
Some donate will be good))))))
LTC: LLEhzonntRjo4pLqaw93ZQzw8Qdx3HQ2k7 DOGE: DCty26Yk5kbG2NfoknoyY3UajPzsmbhXP9
WDC: WYJW8RYrc3C8K7duaAWqs8YayMLLNEkWBC CAT: 9nJcehD9dkcsrrVmJxnLJRFc61158nTvvP
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teego1
Newbie
 Offline
Activity: 1
Merit: 0
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January 24, 2014, 10:11:05 PM |
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MTYG5iadeHLrGp45Lgk7FP7BERr3FF8ce2
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sam53
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January 24, 2014, 10:30:52 PM |
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What a shame to see such hugely instamined coin:
int BlockCountA = 5000;
int BlockCountB = 300000;
if (nHeight >= BlockCountA * 22)
{
nSubsidy = 60 * COIN;
nSubsidy >>= ((nHeight - (BlockCountA * 22)) / (BlockCountB)); // Subsidy is cut in half every 300000 blocks
}
else if (nHeight >= BlockCountA * 6) { nSubsidy = 75 * COIN; }
else if (nHeight >= BlockCountA * 5) { nSubsidy = 80 * COIN; }
else if (nHeight >= BlockCountA * 4) { nSubsidy = 130 * COIN; }
else if (nHeight >= BlockCountA * 3) { nSubsidy = 210 * COIN; }
else if (nHeight >= BlockCountA * 2) { nSubsidy = 320 * COIN; }
else if (nHeight >= BlockCountA) { nSubsidy = 500 * COIN; }
else { nSubsidy = 1950 * COIN; } What does this mean?
1st 5000 blocks: 1950 coins per block, mined by dev and his friends
2nd 5000 blocks: 500 coins per block, by dev and early adopters
3rd 5000 blocks: 320 coins per block, again early people
come on, while this dev bashed hard on some small premined coins (like Elephantcoin) before, he himself started to create a shitcoin and try to hide all his premines, what is a shame to you bholzer!
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flyingcat
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January 24, 2014, 10:40:47 PM |
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What a shame to see such hugely instamined coin:
int BlockCountA = 5000;
int BlockCountB = 300000;
if (nHeight >= BlockCountA * 22)
{
nSubsidy = 60 * COIN;
nSubsidy >>= ((nHeight - (BlockCountA * 22)) / (BlockCountB)); // Subsidy is cut in half every 300000 blocks
}
else if (nHeight >= BlockCountA * 6) { nSubsidy = 75 * COIN; }
else if (nHeight >= BlockCountA * 5) { nSubsidy = 80 * COIN; }
else if (nHeight >= BlockCountA * 4) { nSubsidy = 130 * COIN; }
else if (nHeight >= BlockCountA * 3) { nSubsidy = 210 * COIN; }
else if (nHeight >= BlockCountA * 2) { nSubsidy = 320 * COIN; }
else if (nHeight >= BlockCountA) { nSubsidy = 500 * COIN; }
else { nSubsidy = 1950 * COIN; } What does this mean?
1st 5000 blocks: 1950 coins per block, mined by dev and his friends
2nd 5000 blocks: 500 coins per block, by dev and early adopters
3rd 5000 blocks: 320 coins per block, again early people
come on, while this dev bashed hard on some small premined coins (like Elephantcoin) before, he himself started to create a shitcoin and try to hide all his premines, what is a shame to you bholzer! lol, hugely disgraced. I could go to Elephantcoin thread, and copy his lengthy paragraph against premine here, would fit well here. lmao, integrity does not mean much for someone.... I won't say one thing and do another thing. what a garbage coin! |
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bholzer (OP)
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January 24, 2014, 11:26:44 PM
Last edit: January 25, 2014, 02:45:35 AM by bholzer |
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(Note: if anybody is curious, flyingcat and sam53 are the same people. This individual has about a dozen accounts.)
The difference between Murraycoin and Elephantcoin is that with Elephantcoin, a massive portion of the coins were premined. It killed the value of the coin because when Cryptsy finally added it, the dev dumped their premined coins and drove the value down to (virtually) nothing. The distribution was awful and the developer did nothing with the premined coins to help the community -- they hoarded every last one until it was time to dump. Also, at the time, the Elephantcoin dev was cranking out new coins every couple weeks. They would make a new account, release the coin, and disappear as soon as it hit the exchange and they dumped. Go look at the Elephantcoin thread and you will realize everything I said was true. I stopped keeping up with their junk coins...but odds are they continue to run the same scam.
With Murraycoin, none of us on the dev team started mining until 3rd parties started finding blocks. We premined 1950 Murraycoins and have already given away over 20,000. The difficulty adjusted every 36 blocks to avoid a massive instamine -- if you want to talk about an instamine, look at Ron Paul Coin. The difficulty was still "0" at block 500 -- now it's around 80. We're approaching 5 days in and there are still 1950 blocks out there -- there are over 100 registered users at the FusionHash pool alone.
Obviously I've been mining Murraycoin since shortly after launch...but the difficulty has kept up nicely and there are still 1950 blocks out there! We front-loaded the reward because we look at early miners as investors -- if they have a stake in the coin, they will help promote and grow the coin. We publicly announced Murraycoin here, on IRC, and several other places before we started mining. Nobody was stopping anybody from mining (and we still aren't!) -- Murraycoin network speed and difficulty peaked about 1/4 of the way through the 1950 blocks.
Obviously you guys are angry that I called out the Elephantcoin dev and asked them to give some of the premined coins back to the community...but it's pretty ridiculous to hold a grudge for this long. Also, what you are saying is simply untrue. Why would we set the difficulty to adjust every 36 blocks if we wanted to instamine the coin? We want an even distribution...while allowing the early adopters (the biggest risk-takers) an advantage.
Murraycoin was designed to be a fair, fun coin that will benefit the entire altcoin community and beyond. I have no issue with the developers of a coin getting something back out of it -- it's a lot of work to develop and promote a quality altcoin. To liken Murraycoin to the pump-and-dump premine scams like Elephantcoin is not only erroneous, it's downright ignorant.
We're approaching 5000 blocks in and I actually hold a pretty small percentage of minted Murraycoins -- Perhaps you should get your facts straight before taking a shot at one of the only honest coins we've had recently.
Either you're with Murraycoin...or you're kicking yourself later; I can't make that decision for you.
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mdawg
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January 24, 2014, 11:36:16 PM |
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What does this mean?
1st 5000 blocks: 1950 coins per block, mined by dev and his friends
The DEV invited everyone on this forum and others to start mining the coin and there was a 1 block pre-mine. I don't understand the problem?
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Burninj
Legendary
Offline
Activity: 1148
Merit: 1000
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January 25, 2014, 02:02:55 AM |
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Yeah there was no fucking premine, I started mining it at block 11...
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mdawg
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January 25, 2014, 03:32:45 AM |
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Buying 100k for 0.02 BTC
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maryvale
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January 25, 2014, 03:40:59 AM |
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What a shame to see such hugely instamined coin:
int BlockCountA = 5000;
int BlockCountB = 300000;
if (nHeight >= BlockCountA * 22)
{
nSubsidy = 60 * COIN;
nSubsidy >>= ((nHeight - (BlockCountA * 22)) / (BlockCountB)); // Subsidy is cut in half every 300000 blocks
}
else if (nHeight >= BlockCountA * 6) { nSubsidy = 75 * COIN; }
else if (nHeight >= BlockCountA * 5) { nSubsidy = 80 * COIN; }
else if (nHeight >= BlockCountA * 4) { nSubsidy = 130 * COIN; }
else if (nHeight >= BlockCountA * 3) { nSubsidy = 210 * COIN; }
else if (nHeight >= BlockCountA * 2) { nSubsidy = 320 * COIN; }
else if (nHeight >= BlockCountA) { nSubsidy = 500 * COIN; }
else { nSubsidy = 1950 * COIN; } What does this mean?
1st 5000 blocks: 1950 coins per block, mined by dev and his friends
2nd 5000 blocks: 500 coins per block, by dev and early adopters
3rd 5000 blocks: 320 coins per block, again early people
come on, while this dev bashed hard on some small premined coins (like Elephantcoin) before, he himself started to create a shitcoin and try to hide all his premines, what is a shame to you bholzer! lol, hugely disgraced. I could go to Elephantcoin thread, and copy his lengthy paragraph against premine here, would fit well here. lmao, integrity does not mean much for someone.... I won't say one thing and do another thing. what a garbage coin! Yes agree, I hate this guy what he did in Elephantcoin thread. Now he has his own shitcoin, what a joke! |
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dfox101
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January 25, 2014, 03:51:45 AM |
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Yeah there was no fucking premine, I started mining it at block 11...
You mined block 11? are you one of the dev? It is not possible you mined the 11. In the code released, there's a checkpoint at block 3406, the premine is at least to this point before the code is released. So at least 3406 blocks with highest coins per block (1950) are premined! Sam is right on this. |
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dfox101
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January 25, 2014, 03:53:04 AM |
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What a shame to see such hugely instamined coin:
int BlockCountA = 5000;
int BlockCountB = 300000;
if (nHeight >= BlockCountA * 22)
{
nSubsidy = 60 * COIN;
nSubsidy >>= ((nHeight - (BlockCountA * 22)) / (BlockCountB)); // Subsidy is cut in half every 300000 blocks
}
else if (nHeight >= BlockCountA * 6) { nSubsidy = 75 * COIN; }
else if (nHeight >= BlockCountA * 5) { nSubsidy = 80 * COIN; }
else if (nHeight >= BlockCountA * 4) { nSubsidy = 130 * COIN; }
else if (nHeight >= BlockCountA * 3) { nSubsidy = 210 * COIN; }
else if (nHeight >= BlockCountA * 2) { nSubsidy = 320 * COIN; }
else if (nHeight >= BlockCountA) { nSubsidy = 500 * COIN; }
else { nSubsidy = 1950 * COIN; } What does this mean?
1st 5000 blocks: 1950 coins per block, mined by dev and his friends
2nd 5000 blocks: 500 coins per block, by dev and early adopters
3rd 5000 blocks: 320 coins per block, again early people
come on, while this dev bashed hard on some small premined coins (like Elephantcoin) before, he himself started to create a shitcoin and try to hide all his premines, what is a shame to you bholzer! lol, hugely disgraced. I could go to Elephantcoin thread, and copy his lengthy paragraph against premine here, would fit well here. lmao, integrity does not mean much for someone.... I won't say one thing and do another thing. what a garbage coin! Yes agree, I hate this guy what he did in Elephantcoin thread. Now he has his own shitcoin, what a joke! You are right, the 1st 3406 blocks are surely premined, as block 3406 is a checkpoint of the code released! |
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flyingcat
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January 25, 2014, 03:54:43 AM |
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What a shame to see such hugely instamined coin:
int BlockCountA = 5000;
int BlockCountB = 300000;
if (nHeight >= BlockCountA * 22)
{
nSubsidy = 60 * COIN;
nSubsidy >>= ((nHeight - (BlockCountA * 22)) / (BlockCountB)); // Subsidy is cut in half every 300000 blocks
}
else if (nHeight >= BlockCountA * 6) { nSubsidy = 75 * COIN; }
else if (nHeight >= BlockCountA * 5) { nSubsidy = 80 * COIN; }
else if (nHeight >= BlockCountA * 4) { nSubsidy = 130 * COIN; }
else if (nHeight >= BlockCountA * 3) { nSubsidy = 210 * COIN; }
else if (nHeight >= BlockCountA * 2) { nSubsidy = 320 * COIN; }
else if (nHeight >= BlockCountA) { nSubsidy = 500 * COIN; }
else { nSubsidy = 1950 * COIN; } What does this mean?
1st 5000 blocks: 1950 coins per block, mined by dev and his friends
2nd 5000 blocks: 500 coins per block, by dev and early adopters
3rd 5000 blocks: 320 coins per block, again early people
come on, while this dev bashed hard on some small premined coins (like Elephantcoin) before, he himself started to create a shitcoin and try to hide all his premines, what is a shame to you bholzer! lol, hugely disgraced. I could go to Elephantcoin thread, and copy his lengthy paragraph against premine here, would fit well here. lmao, integrity does not mean much for someone.... I won't say one thing and do another thing. what a garbage coin! Yes agree, I hate this guy what he did in Elephantcoin thread. Now he has his own shitcoin, what a joke! You are right, the 1st 3406 blocks are surely premined, as block 3406 is a checkpoint of the code released! What a garbage coin, does not even know how to cheat  |
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maryvale
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January 25, 2014, 04:00:25 AM |
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Yeah there was no fucking premine, I started mining it at block 11...
You mined block 11? are you one of the dev? It is not possible you mined the 11. In the code released, there's a checkpoint at block 3406, the premine is at least to this point before the code is released. So at least 3406 blocks with highest coins per block (1950) are premined! Sam is right on this.lmao |
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bholzer (OP)
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January 25, 2014, 04:17:17 AM |
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What a shame to see such hugely instamined coin:
int BlockCountA = 5000;
int BlockCountB = 300000;
if (nHeight >= BlockCountA * 22)
{
nSubsidy = 60 * COIN;
nSubsidy >>= ((nHeight - (BlockCountA * 22)) / (BlockCountB)); // Subsidy is cut in half every 300000 blocks
}
else if (nHeight >= BlockCountA * 6) { nSubsidy = 75 * COIN; }
else if (nHeight >= BlockCountA * 5) { nSubsidy = 80 * COIN; }
else if (nHeight >= BlockCountA * 4) { nSubsidy = 130 * COIN; }
else if (nHeight >= BlockCountA * 3) { nSubsidy = 210 * COIN; }
else if (nHeight >= BlockCountA * 2) { nSubsidy = 320 * COIN; }
else if (nHeight >= BlockCountA) { nSubsidy = 500 * COIN; }
else { nSubsidy = 1950 * COIN; } What does this mean?
1st 5000 blocks: 1950 coins per block, mined by dev and his friends
2nd 5000 blocks: 500 coins per block, by dev and early adopters
3rd 5000 blocks: 320 coins per block, again early people
come on, while this dev bashed hard on some small premined coins (like Elephantcoin) before, he himself started to create a shitcoin and try to hide all his premines, what is a shame to you bholzer! lol, hugely disgraced. I could go to Elephantcoin thread, and copy his lengthy paragraph against premine here, would fit well here. lmao, integrity does not mean much for someone.... I won't say one thing and do another thing. what a garbage coin! Yes agree, I hate this guy what he did in Elephantcoin thread. Now he has his own shitcoin, what a joke! You are right, the 1st 3406 blocks are surely premined, as block 3406 is a checkpoint of the code released! The checkpoint at 3406 was added to the latest version of the code...which was released around block 3500. Take a look at the time this announcement thread was posted...and then the time on block #2. The IRC announcement was made at 12:00 PM UTC...the announcement here was made at 12:03 UTC...block #2 was mined at 12:04:06. Nice work, detectives! I will start a moderated thread soon and let this one die -- no sense keeping a thread full of nonsense alive; Murray deserves better than this! I will post the link to the new thread in here once I start it -- it will include links to another updated version of the wallet for all platforms (with additional checkpoints -- according to these geniuses that means we'll be extending the premine!) I will also include information on the Murraycoin Charity Fund. |
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mdawg
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January 25, 2014, 04:21:00 AM |
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None of this makes sense as the Fusionhash pool's top 25 block finders have found over 3000 blocks and it wasn't up until the coin was a couple days old. It was all solo before that. The coin JUST rolled over the 5000 block so this "3406" has to be wrong.
EDIT just read bholzer post, that makes more sense.
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bholzer (OP)
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January 25, 2014, 04:31:35 AM |
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None of this makes sense as the Fusionhash pool's top 25 block finders have found over 3000 blocks and it wasn't up until the coin was a couple days old. It was all solo before that. The coin JUST rolled over the 5000 block so this "3406" has to be wrong.
EDIT just read bholzer post, that makes more sense.
2nd post down on page 4 here is where we released the updated code/wallets. The checkpoint was added as one of the minor modifications in that update. Gives you an idea of the intelligence we're working with here... Trolls will be trolls. |
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mountainview
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January 25, 2014, 04:48:01 AM |
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explain if this is your wallet, or you donated your 1st block coin to someone? |
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