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

[molecular]

We have a pretty stable user base at http://aur.scrypthp.com that have stuck through thick and thin.  Ive done some btc giveaways when things got really tough.  Please feel free to join and show your support for auroracoin.  Ive been mining there myself nonstop for months as I believe in this coin.

Thank you!

I've been paying a friend to mine for about 4 weeks now. It's not profitable any more, but I figured I should help reach the fork.

[molecular]

This is a crucial time for AUR so it would seem to be a good idea. Balduro, please PM me if you want to communicate to the pool owner directly.

It seems like we simply got lucky. Block 5383 was found by p2pool, and diff should be down 33% to 1605 now.

I'm not really sure why the wallet RPC command getinfo still shows 2406.9. It seems like it gets the diff of the last block found, not the diff for the next block after computing the diff retarget... (one could consider this a bug )

As far as i know diff changes every 20 blocks, last change was at 5380 so i'm afraid we might be stuck with this until 5400. that is unless value skyrockets and multifools gets back in the game

No, look: http://blockexplorer.auroracoin.eu/chain/AuroraCoin

retargets every 8 blocks.

Difficulty for next block is already low again, but the multipools might not take retarget time into consideration.

[COMKORT]

Auroracoin was added to COMKORT exchange.

3 MARKETS for AUR

https://comkort.com/market/trade/aur_btc

https://comkort.com/market/trade/aur_ltc

https://comkort.com/market/trade/aur_doge


Great opportunities for alt coin traiding! Join in and enjoy our rewarding BONUS system!

[etoque]

Damnn,Much bagholder there !

I have sell at 0.122 0.090 0.082 and all the rest for 0.050

Centralize coin are here to die. Its not the soul of Cryptoworld

[drakoin]

What is the reason the for the slowing down?

I want to share a hypothesis. I stared at this table for a while:
https://aur.cryptocoins.at/explorer/chain/auroracoin

and then I tried a correlation:



some averages and correlation coefficients (correlation between number-of-transactions and block time) over the last 25, 50, 100, 200 and 500 blocks:



First I thought the correlation came from block 5380 (needed 707 minutes, contains 750 tx) - but when I excluded that block, the correlation coefficient became even more extreme.


To me it looks as if
* there is a correlation between the number of transactions, and the minutes needed to generate a valid block,
* and this correlation has become stronger since yesterday.

N.B.: Correlation is not causation. The slowing down can have many reasons. I just saw this pattern in the data.


EDIT:

Of course,
the slower the blocks, the more transactions per block
(if a constant number of tx per time were sent by users).

... and that is where the correlation mainly comes from, I guess.


Still, I plotted this diagram, which shows the accumulated transactions in the last 500 blocks, plotted over the minutes:



It shows how much more transactions are sent since the airdrop.
The vertical "25.3.2014 1:12" was the first block after midnight (block 5259)

[solex]

Difficulty for next block is already low again, but the multipools might not take retarget time into consideration.

I don't think 1604 is low enough to help. Needs to be about 1000 to atttract the multi-pools because the price has fallen too much. So, another 8 slow blocks, unfortunately.

[surfer43]

Difficulty for next block is already low again, but the multipools might not take retarget time into consideration.

I don't think 1604 is low enough to help. Needs to be about 1000 to atttract the multi-pools because the price has fallen too much. So, another 8 slow blocks, unfortunately.

And then the multipools will come back.. multipools can kill an altcoin.. ramp diff up and sell sell sell

[CoinHeavy]

Could anyone recommend a calculator for determining when block 5400 will likely be reached given the current network conditions?

[mmouse]

I don't think 1604 is low enough to help. Needs to be about 1000 to atttract the multi-pools because the price has fallen too much. So, another 8 slow blocks, unfortunately.

Seems you're right.

I wonder how the wallet calculates the networkhashps value one can see with getinfo cmd. Because it seems to be very far off reality.

With 3.6GH/s as displayed the network should find a block about every 15 minutes, if I got the math right. In reality the last block is now almost two hours old.

[murraypaul]

To me it looks as if
* there is a correlation between the number of transactions, and the minutes needed to generate a valid block,
* and this correlation has become stronger since yesterday.

N.B.: Correlation is not causation. The slowing down can have many reasons. I just saw this pattern in the data.

Your correlation is the wrong way around.
The longer it takes to solve a block, the more transactions will occur during the wait, which can be included in the block.
Pools regularly update the list of transactions they include in the block they are trying to solve.

[ayagle]

Hey, I am having a bit of trouble here,  I was hopeing someone could help me out with it..   

I have a tx in this txid  36681d24295660822bb2bfab684a3fe47faf89dbf174cfc040d8c040bb1982c4

It shows on the explorer but not in my client, and I am apparently in sync with it atm as far as blocks go...


http://altexplorer.info/chains/AUR/block_crawler.php?transaction=36681d24295660822bb2bfab684a3fe47faf89dbf174cfc040d8c040bb1982c4


AXkai6fiCXUaNtJs9HiV9LZNTMJFvpqHEG


am I just jumping the gun a little?..

Thanks

[elitemobb]

Is anyone else having issues with the wallet syncing? I have the latest version of 1.2.0.0 and it shows its on block 5384 but also shows out of sync and will not confirm transactions.

[Qxw]

And then the multipools will come back.. multipools can kill an altcoin.. ramp diff up and sell sell sell

It really looks that AUR coin developer(s) do not know what they are doing. (because they have wait so long time before implement KGW. It was FIRST time one big pool hop to AUR and immediately can undrstand what need do - aggressive and fast mode of KGW - but what they do - nothing. It is good that they have some kind of "wakeup" and after 5400 it is coming - but I afraid - adjustments still wrong - but lets see..)

Difficulty adjustment do not work well with big profit switching pools. And very very soon it come more bad after big amount of 0.1 - 0.5 Thash ASIC's are running and scanning over Scrypt alt coins.

You need set coin to profit multipool's resistant.  (as all scrypt altcoins need do)

Dr Kimoto Grawity Well  (KGW) need set very aggressive and fast (fast rise and fall time) mode (some time ago it looks like it was fast rise slow falling mode). It need be as fast to both - positive and negative direction. To undrerstand this dynamics need that coin developer team do some home works. Just with rule: learn first theory and after then use it for practice.

This is one reason why I stop mining this coin.

---

In some place someone tell that Litecoin do not use KGW.
Oh well - when 10Ghash switch to Litecoin, it is like drop in sea.
But when 10Ghash jumps to coin where current net total hashrate is 1G or somethink even less...
Very soon these jumping fast profit fishing  pools may have many tens or hundreds of Gigahashes. And they do not care anything but fast profit. They do not care 51% rule... all good practices are "so what" for these peoples.

Situation is going  soon much more bad.
After some weeks - months there are coming Tera hashes for scrypt.
KnCminer, alone,  is just one.. soon they relase to markets total more than 250Ghash (and this is small).
And soon there is many others coming with more and more Ghashes, or better say Terahashes.

These all hashing power to some  couple of  profit switching multipools and good nigh...if there is not any protection.



 



 

[solex]

And then the multipools will come back.. multipools can kill an altcoin.. ramp diff up and sell sell sell

It really looks that AUR coin developer(s) do not know what they are doing.
Difficulty adjustment do not work well with big profit switching pools. And very very soon it come more bad after big amount of 0.1 - 0.5 Thash ASIC's are running and scanning over Scrypt alt coins.

You need set coin to profit multipool's resistant.  (as all scrypt altcoins need do)

Dr Kimoto Grawity Well  (KGW) need set very aggressive and fast (fast rise and fall time) mode (some time ago it looks like it was fast rise slow falling mode). It need be as fast to both - positive and negative direction. To undrerstand this dynamics need that coin developer team do some home works. Just with rule: learn first theory and after then use it for practice.

This is one reason why I stop mining this coin.
 

KGW is active in 14 blocks from now, so if you support the AUR concept then keep going until KGW has a chance to function.

[molecular]

To me it looks as if
* there is a correlation between the number of transactions, and the minutes needed to generate a valid block,
* and this correlation has become stronger since yesterday.

N.B.: Correlation is not causation. The slowing down can have many reasons. I just saw this pattern in the data.

There is a clear causation, but it's the other way around than you seem to think: The longer a block takes, the more transactions it will have, given that transaction happen at the same rate (transactions per hour or whatever).

[molecular]

Difficulty for next block is already low again, but the multipools might not take retarget time into consideration.

I don't think 1604 is low enough to help. Needs to be about 1000 to atttract the multi-pools because the price has fallen too much. So, another 8 slow blocks, unfortunately.

And then the multipools will come back.. multipools can kill an altcoin.. ramp diff up and sell sell sell

Doesn't matter much... There's 2 streaks of 8 block left until the fork. Doesn't matter if the last or the one before is slow. If multipools mine the shit out of AUR right before the fork, then leave, it's not so bad because hopefully that KGW will adjust difficulty faster after they left.

[molecular]

Hey, I am having a bit of trouble here,  I was hopeing someone could help me out with it..   

I have a tx in this txid  36681d24295660822bb2bfab684a3fe47faf89dbf174cfc040d8c040bb1982c4

It shows on the explorer but not in my client, and I am apparently in sync with it atm as far as blocks go...

At the time you posted this transaction had 0 confirmations. This means it wasn't yet mined into a block. It's quite possible your client missed it when it was broadcast on the network. It will then only see it when it gets into a block.

I'm guessing you see it now?

[molecular]

And then the multipools will come back.. multipools can kill an altcoin.. ramp diff up and sell sell sell

This is one reason why I stop mining this coin.
 

Lol. The most important reason you stopped mining this coin is because it wasn't profitable for you any more. Right?

[j23a]

I sent some coins to an exchange a few hours ago. Not there yet. Will they get there on the next block? Or do I have to wait after multiple blocks?

[molecular]

Those claim numbers are really very high.

http://blockexplorer.auroracoin.eu/claims.html

This can mean many things... could be scamming involved could be just the Icelanders. I don't know to be honest.

Could someone from Iceland give an opinion as to wether it's believable that 5.63% (18,000) Icelanders claimed their coins (or had them claimed by a familiy member or friend).