[ANN][AUR] Auroracoin - a cryptocurrency for Iceland

[illodin]

Getting an android wallet out before the airdrop is very important imo. I suggest we hire asap the guy who did it for digibyte and earthcoin: https://bitcointalk.org/index.php?action=profile;u=195369

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[molecular]

Getting an android wallet out before the airdrop is very important imo. I suggest we hire asap the guy who did it for digibyte and earthcoin: https://bitcointalk.org/index.php?action=profile;u=195369

I agree. Let's get a quote from him. Should be opensource, ofc.

[GodMonar]

Confirmation is too slow

[MyFarm]

Confirmation is too slow

This is why KGW is needed.

[nunya_coin]

Confirmation is too slow

This is why KGW is needed.

I don't see how KGW is related to confirmation time?  They are ~10 minute blocks by design. 

Also, these prices are awesome but I wish we'd had another week to mine without so much competition 

[MyFarm]

Confirmation is too slow

This is why KGW is needed.

I don't see how KGW is related to confirmation time?  They are ~10 minute blocks by design. 

Also, these prices are awesome but I wish we'd had another week to mine without so much competition 

If difficulty goes way up, a whale goes away, and we don't have the miners to solve the blocks, those confirmation times of 10 minutes become MUCH longer.

With KGW, you'll always be around a 10 minute confirmation time.

[nunya_coin]

Confirmation is too slow

This is why KGW is needed.

I don't see how KGW is related to confirmation time?  They are ~10 minute blocks by design. 

Also, these prices are awesome but I wish we'd had another week to mine without so much competition 

If difficulty goes way up, a whale goes away, and we don't have the miners to solve the blocks, those confirmation times of 10 minutes become MUCH longer.

With KGW, you'll always be around a 10 minute confirmation time.

Gotcha.  At least with the 8 block retarget and high coin value we'll never be in the boat moon or tips found themselves in.  I like KGW, and everytime I see a new coin launch with billions of coins and a 700 block retarget I know the dev hasn't been paying attention.

[Kramo]

This exchange looks pretty cool: https://bitcointalk.org/index.php?topic=471779

Voting for us on twitter @lazycoins

[Taxidermista]

Confirmation is too slow

This is why KGW is needed.

I don't see how KGW is related to confirmation time?  They are ~10 minute blocks by design. 

And how do you know that?

[Cryptoinn]

Looks like coin will hit 0.01 today!

[Piesel]

Another scandinavian coin will be added to exchange: https://twitter.com/LazyCoins/status/436486068981227520

[Moebius327]

Another scandinavian coin will be added to exchange: https://twitter.com/LazyCoins/status/436486068981227520

So go post in their thread. Not here.

[Lordoftherigs]

Difficulty pumped high again. 

[nunya_coin]

Confirmation is too slow

This is why KGW is needed.

I don't see how KGW is related to confirmation time?  They are ~10 minute blocks by design. 

And how do you know that?

It's in main.cpp

Code:

static const int64 nTargetTimespan =  8 * 10 * 60; // AuroraCoin: Retarget every 8 blocks
static const int64 nTargetSpacing = 10 * 60; // AuroraCoin: Blocks every 10 minutes

[mkonecny]

Poloniex exchange has added this coin. Please add it to original post.

[mineabit]

Hi,

First of all thanks to Fabrizio for promoting my pool, and second to those mining on my pool who are donating.

I set the pool up with no fees and only 0.01 AUR txfee so there is no revenue generated.

The only revenue is through donations that can be set at the miner's discretion.

I will not be here posting every half hour how many coins the pool has paid out already or what not like other ops do, and why to choose my pool instead of others as I personally don't like this kind of competition. My goal is to provide support for a coin without reaching 90% of the nethashing power.

Feel free to send me suggestions and if anyone has issues with their account please use the contact form and I'll do my best to assist.

I receive notifications from the pool to my mobile so will be able to respond while not at my desk.

Happy hashing!

http://aur.pool.mineabit.com

[balduro]

The operator of aur.pool-a.net is still not responding to those miners that are locked out of their account. I am constantly getting questions about the pool. Miners beware - you will not get the support you are paying for in fees with aur.pool-a.net. I advise you to stay away from it until its operator owns up to his responsibilities.

[nunya_coin]

balduro, what are your thoughts on the erratic block times?  I've been watching closely today and I think it's more complicated than just "diff is too high for a few blocks".  Just over the last few we had a ~1 minute block, ~15min block and we're passed 1 hr trying to find 2787 - all with roughly the same total network hash rate.  KGW isn't going to magically fix this I don't think, since it won't adjust diff mid-block.  It seems like having a high diff (to target 10 minutes) with a fairly low network hash rate (about 1 gh/s) magnifies the randomness.  

FWIW I'm calculating the network hash rate from totaling the 3 big pools pages reported Pool Hashrate.  They are pretty consistent with cryptoculture around 500, aur.pool-a ~300, easy mine ~200.  I don't see any evidence of a private pool like middlecoin jumping in and out since all the blocks from 2770 on are showing up on one of those three pools.

EDIT: just saw two blocks get mined within a minute of each other.  pulled from the block explorer to show what I'm talking about
2783 - Time: 1393006158 (2014-02-21 18:09:18) @ DIFF 364.999
2784 - Time: 1393008017 (2014-02-21 18:40:17) @ DIFF 243.334 * 31 min
2785 - Time: 1393008109 (2014-02-21 18:41:49) @ DIFF 243.334 * 32 seconds
2786 - Time: 1393008936 (2014-02-21 18:55:36) @ DIFF 243.334 * 14 minutes
2787 - Time: 1393015166 (2014-02-21 20:39:26) @ DIFF 243.334 * over an hour
2788 - Time: 1393015170 (2014-02-21 20:39:30) @ DIFF 243.334 * only 4 seconds!


EDIT 2:  It looks like there might be a multipool jumping into AUR periodically. http://blockexplorer.auroracoin.eu/a/apx5e  this APx5E26TGu4vbvvGencXAFcHC3HjPSgWRX
 address has grabbed the last 6 blocks in about 30 minutes and none of those block # appear on any of the AUR pools I'm aware of.  Interestingly the reported networkhashps is under what the 3 big pools total so that appears to be calculated using an average of more than those 6 blocks.  I'll stop adding to this now, I promise :-)

[lazycoins]

Just dropping by to let you guys know that its official: https://twitter.com/LazyCoins

You're one of the first coins we have selected for our exchange. We are working hard to launch beta soon. So for ETA and updates please follow us @lazycoins.

Retweet and show your support!

[Taxidermista]

Confirmation is too slow

This is why KGW is needed.

I don't see how KGW is related to confirmation time?  They are ~10 minute blocks by design. 

And how do you know that?

It's in main.cpp

Code:

static const int64 nTargetTimespan =  8 * 10 * 60; // AuroraCoin: Retarget every 8 blocks
static const int64 nTargetSpacing = 10 * 60; // AuroraCoin: Blocks every 10 minutes

Thank you, I don't know what "main.cpp" is. I've only read the op post and didn't see anything about block target time.