corather
Legendary
Offline
Activity: 1708
Merit: 1000
Solarcoin.org
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May 20, 2014, 05:48:45 PM |
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If you add PoS to Solarcoin it would become one of the most dynamic Crypto's on the market in my humble opinion.
Solarcoin at that point would have 2 PoW and PoS, PoW- Solar power generating panels PoW- Mining network PoS- Coin holders
One of the bigger drawbacks to PoS is hoarding because no one wants to give up their coins. So that drives up the price, but also makes it harder to get coins. The thing Solarcoin has that makes it a great PoS candidate is the premined Gen pool. With the large chunk of coins premined and given out for solar power generation, That solves the hoarding problems of other PoS coins as well as drives more people to redeem coins for solar power. Its also good to mention it would be important to keep the premined out of receiving PoS rewards, simple keeping them in cold wallets.
Im not a promoter of any of the other coins... I could care less how the coins used for example proform... They are only used as a reference... Im all about making Solarcoin the best it can be!!!!
I happen to love this idea as well, I'd just like to see the difficulty retargeting get addressed first so we can put out that fire and be done with it. Then our tech team will have some forking experience (no pun intended ) under their belts and can begin thinking about the larger project of a potential PoS fork down the road. Wouldn't that be a "fork in the road"?
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Epiphany
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May 20, 2014, 05:53:19 PM |
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For sure a PoS fork will be a very big job and it must be done right... What is your thoughts on digishield vs KGW as the retarget protocol? And this is something I need to look further in to PoSV it's seems interesting... http://www.reddcoin.com/papers/PoSV.pdf I have been part of the research effort (albeit a small part) over the weekend to try and figure out the best approach to take. I can tell you it looks like Digishield is in the lead in terms of solutions. Once a course of action is decided upon, some testers with rigs may be needed. Again, stay abreast of the SLR forum thread, Justin will post there if he needs some assistance, I'm sure.
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Bitcoin: 17tzgWkXMBazch4koAhokMTcCtbc4TaYkE Ether: 0xfe700f4aeec47e52eafad00f81977bb89738e0ae SolarCoin: 8MDk963sEh7RCMo3y3st7hTzMs7FzSdWSx Dogecoin: DEgdH6CFTLSEeVVPqfE18ySCQqDWmLxp33
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vipgelsi
Legendary
Offline
Activity: 1736
Merit: 1001
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May 21, 2014, 02:53:03 AM |
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For sure a PoS fork will be a very big job and it must be done right... What is your thoughts on digishield vs KGW as the retarget protocol? And this is something I need to look further in to PoSV it's seems interesting... http://www.reddcoin.com/papers/PoSV.pdf I have been part of the research effort (albeit a small part) over the weekend to try and figure out the best approach to take. I can tell you it looks like Digishield is in the lead in terms of solutions. Once a course of action is decided upon, some testers with rigs may be needed. Again, stay abreast of the SLR forum thread, Justin will post there if he needs some assistance, I'm sure. I am impressed with Digishield. Thanks for all your hard work behind the scenes.
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freebird
Sr. Member
Offline
Activity: 414
Merit: 250
Freedom through Cryptocurrency!
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May 21, 2014, 06:06:13 AM |
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If you add PoS to Solarcoin it would become one of the most dynamic Crypto's on the market in my humble opinion.
Solarcoin at that point would have 2 PoW and PoS, PoW- Solar power generating panels PoW- Mining network PoS- Coin holders
One of the bigger drawbacks to PoS is hoarding because no one wants to give up their coins. So that drives up the price, but also makes it harder to get coins. The thing Solarcoin has that makes it a great PoS candidate is the premined Gen pool. With the large chunk of coins premined and given out for solar power generation, That solves the hoarding problems of other PoS coins as well as drives more people to redeem coins for solar power. Its also good to mention it would be important to keep the premined out of receiving PoS rewards, simple keeping them in cold wallets.
Im not a promoter of any of the other coins... I could care less how the coins used for example proform... They are only used as a reference... Im all about making Solarcoin the best it can be!!!!
I happen to love this idea as well, I'd just like to see the difficulty retargeting get addressed first so we can put out that fire and be done with it. Then our tech team will have some forking experience (no pun intended ) under their belts and can begin thinking about the larger project of a potential PoS fork down the road. I'm also a supporter of PoS as a future development for SolarCoin. Just so that everyone knows, this idea is very much on the radar screen of the SolarCoin Foundation Board and dev team as something to consider in the longer term. One possibility that has been talked about is a fork to PoS after we reach approximately 50 million mined coins, which is supposed to happen near the end of this year. That would allow plenty of time for research and discussion of all the specifications, risks and ramifications of such a change, and thorough testing of all new code, wallets, etc. Just to be clear, the Board has not decided on PoS, but plans to study and consider it. Thank you, Sunuser, for adding your voice and ideas to the discussion.
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sylph93
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May 21, 2014, 06:09:50 AM |
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If you add PoS to Solarcoin it would become one of the most dynamic Crypto's on the market in my humble opinion.
Solarcoin at that point would have 2 PoW and PoS, PoW- Solar power generating panels PoW- Mining network PoS- Coin holders
One of the bigger drawbacks to PoS is hoarding because no one wants to give up their coins. So that drives up the price, but also makes it harder to get coins. The thing Solarcoin has that makes it a great PoS candidate is the premined Gen pool. With the large chunk of coins premined and given out for solar power generation, That solves the hoarding problems of other PoS coins as well as drives more people to redeem coins for solar power. Its also good to mention it would be important to keep the premined out of receiving PoS rewards, simple keeping them in cold wallets.
Im not a promoter of any of the other coins... I could care less how the coins used for example proform... They are only used as a reference... Im all about making Solarcoin the best it can be!!!!
I happen to love this idea as well, I'd just like to see the difficulty retargeting get addressed first so we can put out that fire and be done with it. Then our tech team will have some forking experience (no pun intended ) under their belts and can begin thinking about the larger project of a potential PoS fork down the road. I'm also a supporter of PoS as a future development for SolarCoin. Just so that everyone knows, this idea is very much on the radar screen of the SolarCoin Foundation Board and dev team as something to consider in the longer term. One possibility that has been talked about is a fork to PoS after we reach approximately 50 million mined coins, which is supposed to happen near the end of this year. That would allow plenty of time for research and discussion of all the specifications, risks and ramifications of such a change, and thorough testing of all new code, wallets, etc. Just to be clear, the Board has not decided on PoS, but plans to study and consider it. Thank you, Sunuser, for adding your voice and ideas to the discussion. I also support PoS adoption. Dev team, Please refer to article about 51% attack and double spending. Link : http://www.reddit.com/r/reddCoin/comments/25qgv9/case_study_51_attack_and_double_spending/
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Epiphany
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May 21, 2014, 03:32:43 PM |
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I have been working with spiral mathematical expressions to better implement a digital Velocity in to the code You had me at spiral... Just promise me you won't do this (from the movie Pi):
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Bitcoin: 17tzgWkXMBazch4koAhokMTcCtbc4TaYkE Ether: 0xfe700f4aeec47e52eafad00f81977bb89738e0ae SolarCoin: 8MDk963sEh7RCMo3y3st7hTzMs7FzSdWSx Dogecoin: DEgdH6CFTLSEeVVPqfE18ySCQqDWmLxp33
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Epiphany
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May 21, 2014, 03:36:23 PM |
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On a more serious note and speaking of golden spirals, have you all seen this chart of the Arctic ice melt? Not good.
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Bitcoin: 17tzgWkXMBazch4koAhokMTcCtbc4TaYkE Ether: 0xfe700f4aeec47e52eafad00f81977bb89738e0ae SolarCoin: 8MDk963sEh7RCMo3y3st7hTzMs7FzSdWSx Dogecoin: DEgdH6CFTLSEeVVPqfE18ySCQqDWmLxp33
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corather
Legendary
Offline
Activity: 1708
Merit: 1000
Solarcoin.org
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May 21, 2014, 05:03:28 PM |
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I hate that movie. It irks me.
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Epiphany
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May 21, 2014, 06:53:19 PM |
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I hate that movie. It irks me.
Really??? I enjoyed it immensely! But I can totally see why people wouldn't enjoy it. Just to be clear, I can't rule out the possibility that I may have smoked something before watching it that made it seem like a much better movie than it is...
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Bitcoin: 17tzgWkXMBazch4koAhokMTcCtbc4TaYkE Ether: 0xfe700f4aeec47e52eafad00f81977bb89738e0ae SolarCoin: 8MDk963sEh7RCMo3y3st7hTzMs7FzSdWSx Dogecoin: DEgdH6CFTLSEeVVPqfE18ySCQqDWmLxp33
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corather
Legendary
Offline
Activity: 1708
Merit: 1000
Solarcoin.org
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May 21, 2014, 08:30:40 PM |
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I hate that movie. It irks me.
Really??? I enjoyed it immensely! But I can totally see why people wouldn't enjoy it. Just to be clear, I can't rule out the possibility that I may have smoked something before watching it that made it seem like a much better movie than it is... +420
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Epiphany
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May 22, 2014, 06:25:38 PM |
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Heya all, I put the two interviews from the Bitcoins & Gravy Show on YouTube for easier access. Here it is! https://www.youtube.com/watch?v=OS-8RnbIDlo
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Bitcoin: 17tzgWkXMBazch4koAhokMTcCtbc4TaYkE Ether: 0xfe700f4aeec47e52eafad00f81977bb89738e0ae SolarCoin: 8MDk963sEh7RCMo3y3st7hTzMs7FzSdWSx Dogecoin: DEgdH6CFTLSEeVVPqfE18ySCQqDWmLxp33
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passionsurf
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May 23, 2014, 12:48:14 AM |
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50,000 solarcoins for under .00005000 allcrypt worth $1 million one day? Hehe, let's make it to $1 first buddy... Let's make it to $0.10 first.
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passionsurf
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May 23, 2014, 01:00:09 AM |
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On a more serious note and speaking of golden spirals, have you all seen this chart of the Arctic ice melt? Not good. I disagree. Every winter I get down on my knees and pray for global warming.
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Sunuser
Newbie
Offline
Activity: 23
Merit: 0
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May 23, 2014, 07:54:22 AM |
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Hey Justin I know your probably busy, so I just went ahead and wrote the new code for the multiSig and I emailed it to you.
rpcrawtransaction.cpp Now has "redeemScript" 36 lines of code added and 22 lines deleted
bitcoinrpc.cpp Now has the "createmultisig" rpc command and updated code for the "addmultisigaddress" command 52 lines of code added and 15 lines deleted
*sidenote would you like me to partition the bitcoinrpc.cpp and add rpcwallet.cpp, most coins have gone this way now, I only say this because bitcoinrpc.cpp now has 3,439 lines of code in that file alone. Your call just let me know
If there is any problems with the new code please let me know, at this point I'm going to start writing the PoS fork and I may write a PoSV fork for testing. You can either email me back or post in one of the forums or PM me in one of the forums. Cheers m8
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vipgelsi
Legendary
Offline
Activity: 1736
Merit: 1001
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May 23, 2014, 03:56:06 PM |
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Hey Justin I know your probably busy, so I just went ahead and wrote the new code for the multiSig and I emailed it to you.
rpcrawtransaction.cpp Now has "redeemScript" 36 lines of code added and 22 lines deleted
bitcoinrpc.cpp Now has the "createmultisig" rpc command and updated code for the "addmultisigaddress" command 52 lines of code added and 15 lines deleted
*sidenote would you like me to partition the bitcoinrpc.cpp and add rpcwallet.cpp, most coins have gone this way now, I only say this because bitcoinrpc.cpp now has 3,439 lines of code in that file alone. Your call just let me know
If there is any problems with the new code please let me know, at this point I'm going to start writing the PoS fork and I may write a PoSV fork for testing. You can either email me back or post in one of the forums or PM me in one of the forums. Cheers m8
Thanks sun!
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flounderella
Sr. Member
Offline
Activity: 350
Merit: 250
Bitcoin Evengelist
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May 23, 2014, 06:31:42 PM |
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50,000 solarcoins for under .00005000 allcrypt worth $1 million one day? Hehe, let's make it to $1 first buddy... Let's make it to $0.10 first. Lets make it to $0.01 first IMO
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vipgelsi
Legendary
Offline
Activity: 1736
Merit: 1001
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May 23, 2014, 10:33:48 PM |
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50,000 solarcoins for under .00005000 allcrypt worth $1 million one day? Hehe, let's make it to $1 first buddy... Let's make it to $0.10 first. Lets make it to $0.01 first IMO Did that already last month.
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vipgelsi
Legendary
Offline
Activity: 1736
Merit: 1001
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May 25, 2014, 03:32:25 PM |
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accumulating going on here.
near .01 on the ask allcrypt
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