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Author Topic: [ANN] DopeCoin - DopeCoin is now on Blockfolio Signal  (Read 635408 times)
aaron_m
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November 10, 2014, 03:52:06 PM
 #4321

One day for swap? Are you serious? What about people who don't read the thread every day or are not able to send their coins to the exchange today? They will lose their money, won't they?

We've been talking about it for weeks, but we're working on a backup plan.  But they will have to be done manually after this, so there will be costs involved.

Wise words!

We should also find a way to avoid people will change money minted after the "swap", it doesn't make any sense.. if most of us switch to new dope, difficulty for old dope will plummet and , just an example, a 10% penalty is way too low...

Yes, this is why we have to do the late exchanges manually, i was thinking 10% penalty for the first week, just to be fair on on users, but then every week give less, my currently plan is they send their privkey for old dope, I then send any eligible funds to their new dope address.

I understand and appreciate the fairness towards users and their chance to change later at a small penalty. I'd like to know how is technically possible to discern post swap coins though. How we avoid people "cheating" mining new coins and requesting a swap later?

My and community opinion: We all want a fair restart for this coin, this coin caused us already many troubles :-)

My personal opinion: If we can't be sure new money will not be swapped, at 19gmt shut down nodes, ask exchanges to stop all "old dope" deposits and very sorry for who is late, you warned people enough..

I think we'll "play it by ear", if lots of coins are left over after the on exchange conversion then we'll make provisions for late comers.

Any coins left over will be filtered back to active dopecoin users one way or another.

I trust you man  Cheesy

Please explain me how the swap works. That's what i got but probably something is wrong.

1) 19gmt: you release new wallett, we have a brand new coin, chains can't intermingle.
Correct

2) A miner now have 2 choices: download and run new dope or stick with old one and swap coins on exchanges 1:1 (or 1:0.9 if we apply a penalty)
kind of, miners need to move to new wallet or get less for their current coins, and 0 for any newly mined coins

3) A smart miner would jump among the 2 chains according to network situation (if swap is succesfull and many people join the new coin it's a joy for the smart miner mining old dopecoin) In best of cases we have a 50%-50% network split at 1:1 (assuming both coins "produce" same amount of coins in a given time, but its not our case, new dopecoin is less inflationary if I'm not wrong, this would make mining old dope even more profitable)
they wont be able to, all 3 exchanges are killing the old chain, we wont honer any coins made after 19:00 gmt

Nice workaround and good planning.

Why don't you put up a countdown clock for the ones that are not living near GMT timezone...?


http://www.timeanddate.com/countdown/generic?iso=20141110T19&p0=136&msg=Dopecoin+Coin+Swap&csz=1
dopecoindude
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November 10, 2014, 04:45:01 PM
 #4322

I've sent out the announcement to our Twitter/F.B account letting people know of the swap along with the timer.


It is here folks. DopeCoinGOLD . The #1 Crypto-Weed Coin.
Hollowman338
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November 10, 2014, 06:19:24 PM
 #4323

I've sent out the announcement to our Twitter/F.B account letting people know of the swap along with the timer.



Retweeted.  40 minutes left.
dopecoindude
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November 10, 2014, 06:19:57 PM
 #4324

I've sent out the announcement to our Twitter/F.B account letting people know of the swap along with the timer.



Retweeted.  40 minutes left.

Thank you! I see it  Grin

It is here folks. DopeCoinGOLD . The #1 Crypto-Weed Coin.
monoxide
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November 10, 2014, 06:28:21 PM
 #4325

I've sent out the announcement to our Twitter/F.B account letting people know of the swap along with the timer.



Retweeted.

half an hour left. Ladies and Gents, get rrrrrrrreadyyyy for FRESH DOPE!  Grin
dopecoindude
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November 10, 2014, 06:29:21 PM
 #4326

I've sent out the announcement to our Twitter/F.B account letting people know of the swap along with the timer.



Retweeted.

half an hour left. Ladies and Gents, get rrrrrrrreadyyyy for FRESH DOPE!  Grin

NOM NOM NOM! Me like some Fresh DOPE!  Grin

It is here folks. DopeCoinGOLD . The #1 Crypto-Weed Coin.
CryptoJohn
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November 10, 2014, 07:01:27 PM
 #4327

Booom!
Swap de swappaty swap!
Hollowman338
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November 10, 2014, 07:02:11 PM
 #4328

Link to the new wallet?  Time to start staking  Cool
dopecoindude
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November 10, 2014, 07:02:53 PM
 #4329

Booom!
Swap de swappaty swap!

Haha ... looks like Bittrex & C-cex will be the two  one exchanges we'll do this with!

It is here folks. DopeCoinGOLD . The #1 Crypto-Weed Coin.
CryptoJohn
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November 10, 2014, 07:07:50 PM
 #4330

Booom!
Swap de swappaty swap!

Haha ... looks like Bittrex & C-cex will be the two exchanges we'll do this with!

Whats this? The lead dev dropping in during the big swap....no big deal  Roll Eyes Grin

Thanks for popping in, good to know you are watching.

Now, Let's do this!
monoxide
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November 10, 2014, 07:11:19 PM
 #4331

Booom!
Swap de swappaty swap!

Haha ... looks like Bittrex & C-cex will be the two exchanges we'll do this with!

Whats this? The lead dev dropping in during the big swap....no big deal  Roll Eyes Grin

Thanks for popping in, good to know you are watching.

Now, Let's do this!

Another proof of great Dev.
dopecoindude
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November 10, 2014, 07:11:41 PM
 #4332

Quote
Whats this? The lead dev dropping in during the big swap....no big deal  Roll Eyes Grin

I'm a lurker! Tongue   Nah, we've been doing things behind the scenes.

Quote
Thanks for popping in, good to know you are watching.

Lurker, lurker!  Grin



It is here folks. DopeCoinGOLD . The #1 Crypto-Weed Coin.
aaron_m
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November 10, 2014, 07:12:26 PM
 #4333

Sorry having trouble getting hold of one of the exchanges.
aaron_m
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November 10, 2014, 07:21:08 PM
Last edit: November 10, 2014, 07:36:42 PM by aaron_m
 #4334

OK, It looks like Allcoin users will have to send there keys to me for manual exchange, I will set up a webpage in the next hour or so.

The other 2 exchanges have responded, bittrex have stopped the market but the other 2 haven't


Windows EXE: https://mega.co.nz/#!9gkgRLCT!mgRyFXwgtbcjJlSzNuSZSeZrfTwWgGHvN4b1Zd5jx44
Mac https://mega.co.nz/#!ox0iwT4T!AcuA0L7qAcK5uROIP2NyTJ5_1O6RPUB9gxxS7UuaKwQ

Source https://github.com/dopecoin-dev/DopeCoinV3
userpacman1
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November 10, 2014, 07:30:43 PM
 #4335

One day for swap? Are you serious? What about people who don't read the thread every day or are not able to send their coins to the exchange today? They will lose their money, won't they?

We've been talking about it for weeks, but we're working on a backup plan.  But they will have to be done manually after this, so there will be costs involved.

Wise words!

We should also find a way to avoid people will change money minted after the "swap", it doesn't make any sense.. if most of us switch to new dope, difficulty for old dope will plummet and , just an example, a 10% penalty is way too low...

Yes, this is why we have to do the late exchanges manually, i was thinking 10% penalty for the first week, just to be fair on on users, but then every week give less, my currently plan is they send their privkey for old dope, I then send any eligible funds to their new dope address.

I understand and appreciate the fairness towards users and their chance to change later at a small penalty. I'd like to know how is technically possible to discern post swap coins though. How we avoid people "cheating" mining new coins and requesting a swap later?

My and community opinion: We all want a fair restart for this coin, this coin caused us already many troubles :-)

My personal opinion: If we can't be sure new money will not be swapped, at 19gmt shut down nodes, ask exchanges to stop all "old dope" deposits and very sorry for who is late, you warned people enough..

I think we'll "play it by ear", if lots of coins are left over after the on exchange conversion then we'll make provisions for late comers.

Any coins left over will be filtered back to active dopecoin users one way or another.

I trust you man  Cheesy

Please explain me how the swap works. That's what i got but probably something is wrong.

1) 19gmt: you release new wallett, we have a brand new coin, chains can't intermingle.
Correct

2) A miner now have 2 choices: download and run new dope or stick with old one and swap coins on exchanges 1:1 (or 1:0.9 if we apply a penalty)
kind of, miners need to move to new wallet or get less for their current coins, and 0 for any newly mined coins

3) A smart miner would jump among the 2 chains according to network situation (if swap is succesfull and many people join the new coin it's a joy for the smart miner mining old dopecoin) In best of cases we have a 50%-50% network split at 1:1 (assuming both coins "produce" same amount of coins in a given time, but its not our case, new dopecoin is less inflationary if I'm not wrong, this would make mining old dope even more profitable)
they wont be able to, all 3 exchanges are killing the old chain, we wont honer any coins made after 19:00 gmt

Let's say I send you 10,000 dopecoin to swap. How can you tell how many are pre and how many are post swap? That's what I don't understand.
dopecoindude
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November 10, 2014, 07:31:51 PM
 #4336

My new shiney wallet! Love it! Grin


It is here folks. DopeCoinGOLD . The #1 Crypto-Weed Coin.
userpacman1
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November 10, 2014, 07:32:59 PM
 #4337

What should I do with my coins on Bittrex then?
aaron_m
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November 10, 2014, 07:35:38 PM
 #4338

What should I do with my coins on Bittrex then?

Just wait, soon they will be new dope, you can then send back to your wallet for staking.
aaron_m
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November 10, 2014, 07:36:57 PM
 #4339

Source now live: https://github.com/dopecoin-dev/DopeCoinV3
userpacman1
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November 10, 2014, 07:37:08 PM
 #4340

What should I do with my coins on Bittrex then?

Just wait, soon they will be new dope, you can then send back to your wallet for staking.

Cool, thank you.
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