★★ [ANN] ECCoin (ECC) ★★★ ECCoin - Green Future FORK FIXED UPGRADE NEEDED

[nirkriek]

I saw a working-hard dev, but without a strong community.
It's really hard to go further withou a good community. 

[1714751981]

1714751981

[Invisible Hands]

PoW:
- Random 100000 - 300000 coins per block for the first 45 days evenly distribution

I think you probably need to make the reward a constant 200000 coins per block and do it quickly. Given the way the net hash keeps jumping around recently, it looks like big hash is jumping in to cherry-pick the high reward blocks. That's the same problem DOGE had and is why they hard forked just now to make their reward constant. It's not fair to those of us who are mining constantly to have someone else come in and cherry-pick the high-reward blocks.

This is the last 20 blocks mined at the ECC - Cloudminers pool. Note how few blocks they have been able to find today that were > 200000 ECC.

Block    Validity    Finder    Time            Difficulty    Amount    Expected Shares    Actual Shares    Percentage
Totals                                                                1,514,825    1,317,062    86.94
20325    105 left     56337304    17/03 21:43:41    18.60    120,560.00    76,192    3,600    4.72
20321    101 left     56337304    17/03 21:40:41    20.45    116,923.15    83,748    93,032    111.09
20235     15 left     56337304    17/03 20:34:07    18.37    126,882.00    75,256    21,639    28.75
20212    Confirmed    56337304    17/03 20:16:12    21.28    273,355.02    87,182    10,306    11.82
20202    Confirmed    56337304    17/03 20:07:31    20.85    204,824.00    85,392    111,694    130.80
20079    Confirmed    56337304    17/03 18:35:59    15.97    150,222.00    65,433    18,964    28.98
20063    Confirmed    vadimka6    17/03 18:21:34    18.88    142,928.00    77,326    37,110    47.99
20030    Confirmed    56337304    17/03 17:55:42    20.16    188,976.00    82,563    34,736    42.07
19948    Confirmed    wabigong    17/03 16:52:45    18.30    144,630.00    74,958    57,655    76.92
19893    Confirmed    56337304    17/03 16:08:00    22.85    127,907.00    93,599    35,280    37.69
19853    Confirmed    56337304    17/03 15:39:34    19.76    146,626.04    80,948    59,706    73.76
19451    Confirmed    wabigong    17/03 10:30:57    18.37    185,428.10    75,233    132,891    176.64
18706    Confirmed    56337304    17/03 00:57:21    19.92    171,361.00    81,572    88,662    108.69
18612    Confirmed    wabigong    16/03 23:49:34    15.04    120,713.01    61,600    75,440    122.47
18542    Confirmed    56337304    16/03 22:51:43    20.29    145,538.01    83,088    98,984    119.13
18439    Confirmed    56337304    16/03 21:36:00    16.92    276,971.03    69,313    79,562    114.79
18358    Confirmed    56337304    16/03 20:36:19    12.82    279,638.00    52,530    118,156    224.93
18248    Confirmed    56337304    16/03 19:08:32    16.33    157,691.00    66,870    50,119    74.95
18203    Confirmed    56337304    16/03 18:33:51    16.79    145,128.02    68,765    148,683    216.22
18049    Confirmed    56337304    16/03 16:34:58    17.89    298,055.01    73,257    40,843    55.75

And yes, even though the reward is supposed to be random, as soon as a block is solved, it's possible to calculate the reward for the next bock. See "Something is rotten in the state of DOGE mining" for a description of the problem as it occurred with Dogecoins. I would be very surprised if ECC somehow did things differently.

BTW, I shortened someone's ID in the table to make the columns line up better. The table is here, but may change by the time you look at it.

Can someone verify if this is a problem with ECCHouse? They are so large it couldn't be just a matter of luck if it shows up there. I don't have an account with them and they don't provide that information to the public. The average reward for the last 24 hours would be great to know. For ECC - Cloudminers, it was about 157,000, instead of 200,000.

And this is my only problem with this coin.  I do not mine any coin that has so called "random" rewards, period.

[Annelol]

Giveaway on reddit! subscribe to the subreddit too!

http://www.reddit.com/r/ECCoin/comments/20o039/giveaway_500_ecc_to_the_first_20_to_post_a_comment/

[strasboug]

Don't think multipools will profit the differences on the random blocks here, the differences too small, and jumping in out not worth it.

[eschmenk]

Don't think multipools will profit the differences on the random blocks here, the differences too small, and jumping in out not worth it.

They were definitely doing it with DOGE. Granted, DOGE rewards could go all the way down to 0, while with ECC the lowest is 33% of the maximum. Keep in mind that it doesn't cost them anything to switch. They just need something else that they think is more profitable to switch to. All they need is a slight reason to do it, and that's enough.

Also, it's possible to game KGW in order to cheat. I don't fully understand it, but it involves faking the times when blocks are found somehow. That's why DOGE went to something else to set the difficulty.

But if it's not showing up at ECCHouse, and it looks like it's not, then there probably isn't a problem. That's the problem with randomness. It's so damned random!  

@T0TheMoon: Thanks!

[scrototeabaggins]

Any eta on when its going to be added to CryptoRush?

[familiaverde]

You have used all of your votes. Please try again in 1 hours time.

Did u use all of your votes ?

[eschmenk]

Mining Pools


http://ECCHouse.com 0%

http://ecchouse.com/index.php?page=tac: "The Pool rewards miners according to a pplns system with 1% fee. "

 

[alvarorecoba]

Just added to cryptorush 

[zombiefolly]

Hopefully will get more notice/votes now on mintpal.com

[Camilio]

Hopefully will get more notice/votes now on mintpal.com

I hope not, so I can buy cheap ecc a bit longer

[stan4]

Just added to cryptorush 

Great, let's spread the word,we need more  Hash!

[TimC]

Just added to cryptorush 

Great, let's spread the word,we need more  Hash!

And it was a race to drive it into the dirt. Down to 0.00000003 BTC and will hit 0.00000001 BTC by the morning. Looks like they will be a LTC trade.

[TimC]

Just added to cryptorush  

Great, let's spread the word,we need more  Hash!

And it was a race to drive it into the dirt. Down to 0.00000003 BTC and will hit 0.00000001 BTC by the morning. Looks like they will be a LTC trade.

It was driven into the dirt. Someone is selling for 0.00000030 LTC

[worth]

FYI, dev, none of the Mac wallet download links work. A working link would be appreciated. Thanks.

[hostmaster]

Just added to cryptorush 

good news!

[Kienbui]

Very well

[hostmaster]

PoW:
- Random 100000 - 300000 coins per block for the first 45 days evenly distribution

I think you probably need to make the reward a constant 200000 coins per block and do it quickly. Given the way the net hash keeps jumping around recently, it looks like big hash is jumping in to cherry-pick the high reward blocks. That's the same problem DOGE had and is why they hard forked just now to make their reward constant. It's not fair to those of us who are mining constantly to have someone else come in and cherry-pick the high-reward blocks.

This is the last 20 blocks mined at the ECC - Cloudminers pool. Note how few blocks they have been able to find today that were > 200000 ECC.

Block    Validity    Finder    Time            Difficulty    Amount    Expected Shares    Actual Shares    Percentage
Totals                                                                1,514,825    1,317,062    86.94
20325    105 left     56337304    17/03 21:43:41    18.60    120,560.00    76,192    3,600    4.72
20321    101 left     56337304    17/03 21:40:41    20.45    116,923.15    83,748    93,032    111.09
20235     15 left     56337304    17/03 20:34:07    18.37    126,882.00    75,256    21,639    28.75
20212    Confirmed    56337304    17/03 20:16:12    21.28    273,355.02    87,182    10,306    11.82
20202    Confirmed    56337304    17/03 20:07:31    20.85    204,824.00    85,392    111,694    130.80
20079    Confirmed    56337304    17/03 18:35:59    15.97    150,222.00    65,433    18,964    28.98
20063    Confirmed    vadimka6    17/03 18:21:34    18.88    142,928.00    77,326    37,110    47.99
20030    Confirmed    56337304    17/03 17:55:42    20.16    188,976.00    82,563    34,736    42.07
19948    Confirmed    wabigong    17/03 16:52:45    18.30    144,630.00    74,958    57,655    76.92
19893    Confirmed    56337304    17/03 16:08:00    22.85    127,907.00    93,599    35,280    37.69
19853    Confirmed    56337304    17/03 15:39:34    19.76    146,626.04    80,948    59,706    73.76
19451    Confirmed    wabigong    17/03 10:30:57    18.37    185,428.10    75,233    132,891    176.64
18706    Confirmed    56337304    17/03 00:57:21    19.92    171,361.00    81,572    88,662    108.69
18612    Confirmed    wabigong    16/03 23:49:34    15.04    120,713.01    61,600    75,440    122.47
18542    Confirmed    56337304    16/03 22:51:43    20.29    145,538.01    83,088    98,984    119.13
18439    Confirmed    56337304    16/03 21:36:00    16.92    276,971.03    69,313    79,562    114.79
18358    Confirmed    56337304    16/03 20:36:19    12.82    279,638.00    52,530    118,156    224.93
18248    Confirmed    56337304    16/03 19:08:32    16.33    157,691.00    66,870    50,119    74.95
18203    Confirmed    56337304    16/03 18:33:51    16.79    145,128.02    68,765    148,683    216.22
18049    Confirmed    56337304    16/03 16:34:58    17.89    298,055.01    73,257    40,843    55.75

And yes, even though the reward is supposed to be random, as soon as a block is solved, it's possible to calculate the reward for the next bock. See "Something is rotten in the state of DOGE mining" for a description of the problem as it occurred with Dogecoins. I would be very surprised if ECC somehow did things differently.

BTW, I shortened someone's ID in the table to make the columns line up better. The table is here, but may change by the time you look at it.

Can someone verify if this is a problem with ECCHouse? They are so large it couldn't be just a matter of luck if it shows up there. I don't have an account with them and they don't provide that information to the public. The average reward for the last 24 hours would be great to know. For ECC - Cloudminers, it was about 157,000, instead of 200,000.

Thanks i am checking on it if necessary i will update, I am afraid those one of pools may do some strange tactics. I prepare our official pool for the next week. We can there better see what looks like a good pool.

[Kentastic]

I'm a noob and I don't know what it means by "Minting suspended due to locked wallet"...How does this affect me?

[hostmaster]

FYI, dev, none of the Mac wallet download links work. A working link would be appreciated. Thanks.

Link actually works you need to right click then save as. But you can try copy paste it fully to browser url section and type enter.
if it does not help still use this link below:
https://mega.co.nz/#!xIAzGSRT!j6NmBSuFYwqOBxvACq-QCrpEO35zmK0jal80rEIwkfA

Code:

https://mega.co.nz/#!xIAzGSRT!j6NmBSuFYwqOBxvACq-QCrpEO35zmK0jal80rEIwkfA