Bitcoin Forum
July 22, 2018, 07:43:18 AM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 [927] 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 ... 1033 »
  Print  
Author Topic: [ANN] [MINT] Mintcoin (POS / 5%) [NO ICO] [Fair distro, community maintained]  (Read 1332877 times)
Derek492
Sr. Member
****
Offline Offline

Activity: 357
Merit: 250



View Profile
August 25, 2015, 04:33:16 PM
 #18521

Lot of talk about RAM usage going on. While I do agree that it can become an issue down the road, it isn't as "game breaking" as the excessive CPU usage currently present in MINT. RAM, much like HD space, is a fairly inexpensive thing to acquire more of (with certain limits obviously). But processor inefficiency is a killer in that end users can't just add more CPU power to their computers.
I agree, but if you are not mining on CPU or running other CPU intensive apps then Mint uses only 9-10% of a i5 quad core which is manageable, although it would be really nice to have it reduced. Also RAM can be upgraded but it will become an issue for adoption, a skeptic/cautious user would ditch something that uses RAM in GBs as opposed to bitcoin that only uses something like 200-400 MB. When competing in field of 10s of good altcoins these inefficiencies will pull us down.

Mint PoS currently uses scrypt algorithm,
https://en.wikipedia.org/wiki/Scrypt
to have a permanent lower CPU & memory usage, would require switching to another algorithm .

 Cool 
But changing algorithm doesn't change anything long-term, does it? Eventually the RAM keeps rising?. I think there is some degree of benefit using scypt.

Stop Mining.   Start Minting.   Mintcoin  [MINT]
5% annual minting reward. Mintcoins don't wear out like mining gear. They keep on minting!
1532245398
Hero Member
*
Offline Offline

Posts: 1532245398

View Profile Personal Message (Offline)

Ignore
1532245398
Reply with quote  #2

1532245398
Report to moderator
1532245398
Hero Member
*
Offline Offline

Posts: 1532245398

View Profile Personal Message (Offline)

Ignore
1532245398
Reply with quote  #2

1532245398
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Derek492
Sr. Member
****
Offline Offline

Activity: 357
Merit: 250



View Profile
August 25, 2015, 04:47:19 PM
 #18522

On a side note, is everything ready to go as far as the block reward reduction coming up? Last yea, the drop from 20% to 15% resulted in the network freezing. Is that expected to happen again? According to my calculations we only have about 1-2 months until the drop to 10%.

Stop Mining.   Start Minting.   Mintcoin  [MINT]
5% annual minting reward. Mintcoins don't wear out like mining gear. They keep on minting!
kiklo
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000



View Profile
August 25, 2015, 09:43:30 PM
 #18523

But changing algorithm doesn't change anything long-term, does it? Eventually the RAM keeps rising?. I think there is some degree of benefit using scypt.

Ram will keep rising , however scrypt was designed for the memory requirements to grow faster than other algos , originally to keeps asics from being able to mine it.  Tongue
https://bitcointalk.org/index.php?topic=213872.0

If the goal is to run mint on low powered devices , then groestl algo is a better choice.
If low powered devices are not a concern stay with scrypt as it is more widely used.


 Cool


FYI:
If someone gets a genesis block system working, it would keep the memory requirements lower.
Basically every 6 months worth of blocks , a new genesis block is created which has all of the account balances, that way new blockchains are never older than 6 months, keeping the memory requirements down and speeding up install for new users. Smiley
Only other option is to change block speed after a chain swap takes place.
Where Mint & Hobo take forever to sync after being off for a few days, Sprouts sync in seconds since they have a 2.5 minute block speed verses a 30 second block.
Derek492
Sr. Member
****
Offline Offline

Activity: 357
Merit: 250



View Profile
August 26, 2015, 12:30:46 AM
 #18524

But changing algorithm doesn't change anything long-term, does it? Eventually the RAM keeps rising?. I think there is some degree of benefit using scypt.

Ram will keep rising , however scrypt was designed for the memory requirements to grow faster than other algos , originally to keeps asics from being able to mine it.  Tongue
https://bitcointalk.org/index.php?topic=213872.0

If the goal is to run mint on low powered devices , then groestl algo is a better choice.
If low powered devices are not a concern stay with scrypt as it is more widely used.


 Cool


FYI:
If someone gets a genesis block system working, it would keep the memory requirements lower.
Basically every 6 months worth of blocks , a new genesis block is created which has all of the account balances, that way new blockchains are never older than 6 months, keeping the memory requirements down and speeding up install for new users. Smiley
Only other option is to change block speed after a chain swap takes place.
Where Mint & Hobo take forever to sync after being off for a few days, Sprouts sync in seconds since they have a 2.5 minute block speed verses a 30 second block.
We have already decided to keep the faster block time. I think the idea of a new Genesis block the way you describe sounds good. How hard would that be to implement? It would have to be generated from a timestamp of say 1000 blocks in the past though right? Long enough to ensure chain consensus and such. Is that how it works?

Stop Mining.   Start Minting.   Mintcoin  [MINT]
5% annual minting reward. Mintcoins don't wear out like mining gear. They keep on minting!
kiklo
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000



View Profile
August 26, 2015, 01:01:37 AM
 #18525

We have already decided to keep the faster block time. I think the idea of a new Genesis block the way you describe sounds good. How hard would that be to implement? It would have to be generated from a timestamp of say 1000 blocks in the past though right? Long enough to ensure chain consensus and such. Is that how it works?

In theory ,
yes it would have to be generated far enough back that their is no issue of consensus,
So after 1000 blocks it would become Block 0 of a new block chain, for anyone downloading a new wallet.

Implementation difficulty and precise details, the devs will have to answer once they explore it.  Smiley


 Cool

FYI:
A running Genesis block that cuts off the old section of blockchain is still theory, so whoever designs it will be the 1st.
someguy4
Jr. Member
*
Offline Offline

Activity: 32
Merit: 0


View Profile
August 26, 2015, 01:13:30 AM
 #18526

What would be in this genesis block, all the coin values/ages that the previous blocks amounted to?
kiklo
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000



View Profile
August 26, 2015, 01:23:57 AM
 #18527

What would be in this genesis block, all the coin values/ages that the previous blocks amounted to?

That and more, but the devs will have to answer if anything like it is possible at this stage of crypto development.  If not that just leaves a chain swap and block time and algo change to fix the memory/cpu issues which would be easier to implement.

 Cool
someguy4
Jr. Member
*
Offline Offline

Activity: 32
Merit: 0


View Profile
August 26, 2015, 01:25:47 AM
 #18528

If that could be done, then surely a better alternative would be to have a wallet that does that automatically by creating a running "genesis block" and keeping it say 6 months (or less) behind while retaining the last 6 months of blocks.
kiklo
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000



View Profile
August 26, 2015, 01:29:51 AM
 #18529

If that could be done, then surely a better alternative would be to have a wallet that does that automatically by creating a running "genesis block" and keeping it say 6 months (or less) behind while retaining the last 6 months of blocks.

No argument there, a running Genesis block would solve blockchain bloat issue for everyone.


 Cool
Flyskyhigh
Sr. Member
****
Offline Offline

Activity: 292
Merit: 250


Ezekiel 34:11, John 10:25-30


View Profile
August 26, 2015, 04:13:20 AM
 #18530

If that could be done, then surely a better alternative would be to have a wallet that does that automatically by creating a running "genesis block" and keeping it say 6 months (or less) behind while retaining the last 6 months of blocks.

This is basically block-chain trimming, right? I am not a programmer, but I am a conceptualizer.

If I understand this, it would have to be set up so that it would be created every so many blocks... Like every 1-million blocks. So when the 1,000,001 block arrives it has code that automatically pulls in the information required. Then after 1,000 more blocks go by, the 1,000,001 block becomes block 1.  Is this possible to implement? We just need someone who can code it. I really think we should do this if possible. All problems would be solved.   Cool

Sick of mining?  Start minting!  5% per year!  Mintcoin "MINT"
cryptomommy
Sr. Member
****
Offline Offline

Activity: 425
Merit: 250


View Profile
August 27, 2015, 06:11:49 PM
 #18531

#MintcoinOfficial IRC Stats Now Available:
http://ircstats.mintcoinofficial.com/
fonzerrellie
Legendary
*
Offline Offline

Activity: 1078
Merit: 1000


Longshots/underdogs- MZC, BERN, TECH, SQL, WSX


View Profile
August 29, 2015, 10:16:26 PM
 #18532

so whats the issue with cryptsy??

my wallet starts up begins sync'n right away... I haven't had any issues since the latest update

just bought a bunch more and was hope'n to start minting them asap

DigitalPrice "DP" UQhRdsuwvptFosjrVZf3L8hRmuzFMGzDoX
Beancash "BITB/BEAN" 2XtrRs1mPyaP5oRJgwMvQmf3Z49ftTx2KU
PIVX, ONION, EXP, BLK, MONA, NXS, AMP, BAT,DBET,  EDG, VRC/VRM, WAVES, NEO, TROLL, ODN
Fuzzbawls
Hero Member
*****
Offline Offline

Activity: 745
Merit: 500

★YoBit.Net★ 200+ Coins Exchange & Dice


View Profile
August 30, 2015, 12:02:57 AM
 #18533

so whats the issue with cryptsy??

my wallet starts up begins sync'n right away... I haven't had any issues since the latest update

just bought a bunch more and was hope'n to start minting them asap

I have sent a ticket to Cryptsy requesting information and details as to why their MINT wallet has been in maintenance mode for such an extended period of time. Waiting to hear back from them now...

Tubularwindow
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
August 30, 2015, 03:45:28 AM
 #18534

What about some other exchanges?

Better is the patient in spirit than the proud.
Ghepetto
Sr. Member
****
Offline Offline

Activity: 249
Merit: 250



View Profile
August 30, 2015, 03:28:09 PM
 #18535

so whats the issue with cryptsy??

my wallet starts up begins sync'n right away... I haven't had any issues since the latest update

just bought a bunch more and was hope'n to start minting them asap

I have sent a ticket to Cryptsy requesting information and details as to why their MINT wallet has been in maintenance mode for such an extended period of time. Waiting to hear back from them now...



Stake ---->   Dump on market   ---->   open withdraws   ---->  put wallet in maintenance  ---->   stake  ----->  dump on market           

wash, rinse, repeat

--------------------Bagholder Extraordinaire--------------------
fonzerrellie
Legendary
*
Offline Offline

Activity: 1078
Merit: 1000


Longshots/underdogs- MZC, BERN, TECH, SQL, WSX


View Profile
August 30, 2015, 07:28:30 PM
 #18536

What about some other exchanges?

I haven't checked in a while cause I never use it but aren't we on bluetrade as well?

DigitalPrice "DP" UQhRdsuwvptFosjrVZf3L8hRmuzFMGzDoX
Beancash "BITB/BEAN" 2XtrRs1mPyaP5oRJgwMvQmf3Z49ftTx2KU
PIVX, ONION, EXP, BLK, MONA, NXS, AMP, BAT,DBET,  EDG, VRC/VRM, WAVES, NEO, TROLL, ODN
Ricklosti
Member
**
Offline Offline

Activity: 71
Merit: 10


View Profile
August 31, 2015, 01:56:58 AM
 #18537

What about South X Change? https://www.southxchange.com/

Anyone used them before?
coolbeans94
Hero Member
*****
Offline Offline

Activity: 613
Merit: 500


Mintcoin: Get some


View Profile
August 31, 2015, 05:49:03 AM
 #18538

What about South X Change? https://www.southxchange.com/

Anyone used them before?

Yep. I have used them. Works good. Had no issues so far. I would say it works at least as good if not better, than Cryptsy. Speedy withdrawals. Got mintcoins within seconds after email confirmation. You can also do 2 factor authentication. The only thing that is different, is the order books are switched around so that can take some getting used to.
It would be nice to get more volume on there, and support exchanges that support MINT. Maybe give them a try next time. I just put up a link for it on reddit to get more awareness too. Also, I put a description on the sidebar, and notification about Cryptsy being down for maintenance.


Keep on Minting my friends
Smiley  Stay Fresh!  Grin

(1.) Moral happiness depends upon moral order.
(2.) Moral order depends upon the harmonious action of all our powers, as
individuals and as members of society.
Crestington
Legendary
*
Offline Offline

Activity: 868
Merit: 1020



View Profile
September 01, 2015, 10:25:18 AM
 #18539

If that could be done, then surely a better alternative would be to have a wallet that does that automatically by creating a running "genesis block" and keeping it say 6 months (or less) behind while retaining the last 6 months of blocks.

This is basically block-chain trimming, right? I am not a programmer, but I am a conceptualizer.

If I understand this, it would have to be set up so that it would be created every so many blocks... Like every 1-million blocks. So when the 1,000,001 block arrives it has code that automatically pulls in the information required. Then after 1,000 more blocks go by, the 1,000,001 block becomes block 1.  Is this possible to implement? We just need someone who can code it. I really think we should do this if possible. All problems would be solved.   Cool

I mentioned this before as suggestions to other Coins as something I'd like to see happen and work with a few people to achieve something like this.

What you would do is parse all the addresses of the current chain in a snapshot, then a new genesis Block would be created with 100% premine and all the Coins sent to the addresses of the previous chain. You guys should talk to SuperClam from CLAMS, he would be able to give you a better idea about it but you will need to look into the znort Blockparser https://github.com/znort987/blockparser and the sidecoin project https://github.com/AugurProject/sidecoin

Still fuzzy about how to be able to do it myself though but maybe I could help in some way? I haven't been able to track down anyone that was able to help me with it, I had talked to a developer from CamorraCoin and he was going to help but then disappeared.
Fuzzbawls
Hero Member
*****
Offline Offline

Activity: 745
Merit: 500

★YoBit.Net★ 200+ Coins Exchange & Dice


View Profile
September 01, 2015, 11:48:17 PM
 #18540

***MintCoin Official IRC Chat***
#MintcoinOfficial and #MintCasino


#MintcoinOfficial - Community discussion, support, and development news:
Hosts: Cryptomommy, Fuzzbawls, Supasonic
Bots: MINTip-Bot, MintFact-bot, ShapeShift, LightningTips
Bot Developers: Fuzzbawls, crzybilly, AlphaTech

This is the main channel for MintCoin now and a great place to talk about anything Minty! Even though it's just getting off the ground, we've had fairly consistent and steady activity. General discussion, support requests, MintCoin information, and development updates are all provided here.


#MintCasino - IRC based mini-games and gambling:
Hosts: AlphaTech, Fuzzbawls
Bots: MINTip-Bot, ShapeShift, TheCasino
Bot Developers: Fuzzbawls, AlphaTech

Want to take a risk and have some fun with your MINT? Head on over to the #MintCasino channel and give the various games a try! MINTip-Bot and ShapeShift are both present in the channel so your IRC MINT balance carries over from the main channel.



Upon joining, it is a good idea to register your IRC nickname. This can be done by typing the following (only needs to be done once per nickname):
Code:
/msg NickServ REGISTER password youremail@example.com
Replace 'password' and 'youremail@example.com' above with your desired password and email address. See https://freenode.net/faq.shtml#userregistration for full details.

Once you are registered, you'll be able to utilize the bots and collect MINT from tips and random "rains", as well as tip other users and play the casino games. For a full list of available commands, you can type the following in the channel:
Code:
!bothelp


Supporting the developers and maintainers of these IRC services is always appreciated, so if you are feeling generous, you can type the following:
Code:
!donate
This will give you all the information about various ways to donate to each specific developer, as well as how to donate to the MintGuardians and MintcoinFund programs

Pages: « 1 ... 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 [927] 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 ... 1033 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!