[ ANN ] SAT² - A new dawn - PoS - No Premine

[dogeberet]

hi guys,
does anyone know were can i find the repository for the sat2_scrypt to setup a pool?

https://github.com/satdev/SAT2

Be warned I had some issues setting up the pool to mine against the daemon compiled in Ubuntu.  Mines perfectly fine when I point it at the windows wallet though.

I have Ubuntu on a private MPOS server and I am mining the SAT2 no problems either.  What sort of errors did the compile throw?

[DREAMBiG]

I have Ubuntu on a private MPOS server and I am mining the SAT2 no problems either.  What sort of errors did the compile throw?

I'm running off the node-stratum library https://github.com/zone117x/node-stratum-pool.  There were no compile errors, just the usual warnings.  Had about 100 Mh/s mining against the daemon for ~6 hrs with no valid blocks found, then switched over to the windows wallet and it worked fine.  Thankfully I was holding enough SAT2 that I'll be able to reimburse my miners...

Haven't had time to comb through all the logs yet, but it looks like blocks that node stratum thinks solves the blockhash is being rejected by the linux daemon, but accepted by the windows daemon.

 

 

[naglas]

i'd always heard that bitcointalk was full of dumbness but had never really seen any myself

...until i read the last few pages of this thread.

the horror.


people clearly haven't even bothered to read the announcement and they're basing their complaints on misunderstandings. that's what you call ignorance. to be quite honest, SAT2 will be better off without them.

[DREAMBiG]

Come mine at LaunchPool.us the only auto-exchanging multipool with SAT2 payout!

Our SAT2 pool is now live and mining SAT2 directly.  When the PoW phase is over, our servers will automatically switch to mining other profitable scrypt altcoins and exchanging them for SAT2, so you can continue mining even during PoS.  

url:stratum+tcp://sat2.launchpool.us:3312
user: [your SAT2 wallet address]
pass: [anything]

Payouts processed every 30 mins at 10 SAT2 threshold.  
1% pool fee plus normal wallet transaction fee.

[studio1one]

There was only 1 day to convert over to SAT2? Is there no other way to convert my old SAT?

Sorry but you missed the boat, although quite how, I don't understand.  There was like one date that you had to remember or you could have just left your SAT on one of the exchanges and you wouldn't have to do anything.  Ask the devs if they can help but I think it's too late now.

It can't be too late given that some are still mining the old SAT

We are accounting for that, but do note that we will still need to cut off the conversion eventually. Just as an example: consider the last block. At that point, the blockchain essentially stops, meaning there is no way to send transactions anymore at that point. So it would be impossible to get those coins converted.

Additionally, we also have to account for the security of the old blockchain. The hashrate on the old blockchain will get lower and lower, which also makes it less reliable (the lower the hashrate, the easier it gets to pull off a 51% attack). So at some point (we have not yet specified an exact time, but it won't be long) we simply cannot guarantee the security of the old blockchain anymore. Just to be clear: this is ONLY about the old blockchain of course, the new SAT² blockchain is fully supported

Was chatting with Bryce earlier on IRC about this. I currently account for over 30% of your network hashrate ahnd have done since you launched the new chain. He said he reviewed your code and thought your plans were really interesting and was looking forwards to seeing oyur developments (he didn't release any info on what you had planned). Looking forwards to seeing what develops as with my old sat conversion and mining the hew chain I have accumulated a lot of coins.

[signorama]

Dev's I'm still patiently waiting 

[aybey]

Dev's I'm still patiently waiting  

First they need to take your coins cheap again like they did 2-3 times before.And for this they need time for everyone get tired of waiting and sell to them.so you really be patient at sad2

[jasabbm]

still can convert to SAT2 ?

[pabloangello]

still can convert to SAT2 ?

Looks like already converted.

[Saturncoins]

You can still let us convert your coins by following the steps described here: https://bitcointalk.org/index.php?topic=556105.msg7623804#msg7623804 .
We try to do this at least once a day for you guys, while we're still working on SAT² !

[minimal]

Dev's I'm still patiently waiting 

For what? We are slowly dropping to below 2000 Sat.

You really have 2 choices here. If you believe in the dev team's ability to deliver value in the future, place your buy orders and average down your base cost while the price is slipping, or if you don't believe in the future of the coin, bail now at a loss.

I'm personally torn... I hold 200k SAT2, and am not happy with the lack of progress, but I'm holding.

[DREAMBiG]

Dev's I'm still patiently waiting 

For what? We are slowly dropping to below 2000 Sat.

You really have 2 choices here. If you believe in the dev team's ability to deliver value in the future, place your buy orders and average down your base cost while the price is slipping, or if you don't believe in the future of the coin, bail now at a loss.

I'm personally torn... I hold 200k SAT2, and am not happy with the lack of progress, but I'm holding.

Here's another option if you believe in SAT2, mine at SAT2.Launchpool.us with port 8888 which is the scrypt autoexchange port.  This will send your hash towards the most profitable coins and exchange them for SAT2.  You get a bigger SAT2 payout than mining directly, and you also create demand on the exchanges to drive up prices. 

[DREAMBiG]

Has the block reward been halved?  Looks like only 5 SAT2 in the last 20 or so blocks we mined.

[studio1one]

Has the block reward been halved?  Looks like only 5 SAT2 in the last 20 or so blocks we mined.

Yup I spotted that, no mention of block halving in ann.

[studio1one]

Correction, it says block halving every week.

[retweetnld]

Rumour has it that saturncoin team/dev will announce new things next week.

Since official saturncoin retweeted a certain tweet about that rumour i guess its real.
Lets get sat2 way beyond the moon.....Saturn!

[Htcream]

OMG

im late, just got notice about conversion

please tell me how to convert my SAT

thanks

[Saturncoins]

You can still let us convert your coins by following the steps described here: https://bitcointalk.org/index.php?topic=556105.msg7623804#msg7623804 .
We try to do this at least once a day for you guys, while we're still working on SAT² !

^

We will process the next batch in a couple of hours, so make sure you follow the instructions 

[Samsun6]

You can still let us convert your coins by following the steps described here: https://bitcointalk.org/index.php?topic=556105.msg7623804#msg7623804 .
We try to do this at least once a day for you guys, while we're still working on SAT² !

^

We will process the next batch in a couple of hours, so make sure you follow the instructions 

PM sent.

[Fikhram]

Dev please convert my SAT

send you private message