[ANN] AIDEN | 1st to use sCrypt-OG (GPU Optimized) [v0.10.2.2 Released 7/10/15]

[lunswor]

The next 96 hours adn.cryptorus.com will be donating 100% of our fee for the development of this coin

Contribute NOW!
Start: GMT - 20-04-14 21:30
End: GMT - 24-04-14 21:30

Aiden Coin Pool
Donating to development of the coin
US and EU Stratum servers.
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Top level of support

Ding .. +100

Promotion still running

[mirorles]

Any Dev There ? Defaced Sleeping ) Helooooooooo

[creamynebula]

Can you please inclusde the current wallet version number in the first post, so we can always just check the thread to see if we need an update?

[ycm82]

While I do feel ADN holds some promise, i am i little concerned about the coin release schedule.

Specs provided:

84,000,000 ADN
50 ADN / block
30 second block target time
840,000 halving


Given these specs, that is 100 ADN / minute or 144,000 ADN per day.

The block reward will halve in ~292 days (840,000 blocks / 2 blocks/min / 60 min/hr / 24 hr/day).

At this point there will be 42,000,000 ADN in circulation!!! (840,000 blocks * 50 ADN/block)

This high influx of coins will flood the market and drive the price down as it is no longer rare. The block rewards either need to be reduce more quickly or the block target time needs to be increased to 2.5 minutes as in vertcoin.

Feel free to check the numbers yourself.... i hope i made a typo.

max is 84m regardless, We might just get there a little faster.


Other note, check out this logo
https://i.imgur.com/9wR4cEt.jpg

hi,defaced,
I also think that The block rewards either need to be reduce more quickly or the block target time needs to be increased to 2.5 minutes as in vertcoin.
I think you should think about it very carefully.
Thanks!

Doing this now is slightly dishonest and gives alot of coins to the first miners.

I suggest that the block reward will halve in 210,000 blocks (Instead of 840,000 blocks），
Doing so does not result in unfairness， while keeping prices stable。

+1

+1

The Point is that we have actual no merchant or something else what we can do with our coins.
they are flooding the market with our coins every day, so miners which are selling his coins directly maybe are lucky,
but what will the future bring us ? (shareholder and miner from the beginning)

ADN is accepted on ALTACCEPT.com a new payment processor that is working on getting new merchants.

This is still not enough infrastructure to outweigh the rate of current mining.

I agree with a faster reward halving, but it needs to be done more thoughtfully.

This is the current distribution:

blocks   reward   coins   total coins   time (years)
840000   50   42000000   42000000   0.799086758
840000   25   21000000   63000000   1.598173516
840000   12.5   10500000   73500000   2.397260274
840000   6.25   5250000   78750000   3.196347032
840000   3.125   2625000   81375000   3.99543379
840000   1.5625   1312500   82687500   4.794520548
840000   0.78125   656250   83343750   5.593607306
840000   0.390625   328125   83671875   6.392694064
840000   0.1953125   164062.5   83835937.5   7.191780822
840000   0.09765625   82031.25   83917968.75   7.99086758


At 210,000 block reward halving you run into a convergence on 21 M coins, not the desired 84 M:

blocks   reward   coins   total coins   time (years)
210000   50   10500000   10500000   0.199771689
210000   25   5250000   15750000   0.399543379
210000   12.5   2625000   18375000   0.599315068
210000   6.25   1312500   19687500   0.799086758
210000   3.125   656250   20343750   0.998858447
210000   1.5625   328125   20671875   1.198630137
210000   0.78125   164062.5   20835937.5   1.398401826
210000   0.390625   82031.25   20917968.75   1.598173516
210000   0.1953125   41015.625   20958984.38   1.797945205
210000   0.09765625   20507.8125   20979492.19   1.997716895
210000   0.048828125   10253.90625   20989746.09   2.197488584
210000   0.024414063   5126.953125   20994873.05   2.397260274
210000   0.012207031   2563.476563   20997436.52   2.597031963
210000   0.006103516   1281.738281   20998718.26   2.796803653
210000   0.003051758   640.8691406   20999359.13   2.996575342
210000   0.001525879   320.4345703   20999679.57   3.196347032
210000   0.000762939   160.2172852   20999839.78   3.396118721
210000   0.00038147   80.10864258   20999919.89   3.595890411
210000   0.000190735   40.05432129   20999959.95   3.7956621
210000   9.53674E-05   20.02716064   20999979.97   3.99543379
210000   4.76837E-05   10.01358032   20999989.99   4.195205479
210000   2.38419E-05   5.006790161   20999994.99   4.394977169
210000   1.19209E-05   2.503395081   20999997.5   4.594748858
210000   5.96046E-06   1.25169754   20999998.75   4.794520548
210000   2.98023E-06   0.62584877   20999999.37   4.994292237
210000   1.49012E-06   0.312924385   20999999.69   5.194063927
210000   7.45058E-07   0.156462193   20999999.84   5.393835616
210000   3.72529E-07   0.078231096   20999999.92   5.593607306
210000   1.86265E-07   0.039115548   20999999.96   5.793378995


I think the optimum coin release schedule involves a combination of variable block reward halving times along with a minimum block reward of 3.125:

blocks   reward   coins   total coins   time (years)
210000   50   10500000   10500000   0.199771689
420000   25   10500000   21000000   0.599315068
840000   12.5   10500000   31500000   1.398401826
1680000   6.25   10500000   42000000   2.996575342
3360000   3.125   10500000   52500000   6.192922374
10080000   3.125   31500000   84000000   15.78196347


The original distribution period was 8 years, this method increases that time period to 15 years. However, you can see that it bottlenecks the coin distribution to 42M coins in 3 years rather than the original plan of less than 1 year.

I like it. I think more stake holders would be needed to confirm if this is a change everyone wants to make.

I like it also, doesn`t seem something crazy from my point, if the community agrees maybe we can make a POLL here to vote.

https://bitcointalk.org/index.php?topic=575241.0
hi,defaced and all,
   
Voting has ended, the majority of people agree to change ADN algorithm, the next step，we  change the algorithm of ADN?

[lunswor]

While I do feel ADN holds some promise, i am i little concerned about the coin release schedule.

Specs provided:

84,000,000 ADN
50 ADN / block
30 second block target time
840,000 halving


Given these specs, that is 100 ADN / minute or 144,000 ADN per day.

The block reward will halve in ~292 days (840,000 blocks / 2 blocks/min / 60 min/hr / 24 hr/day).

At this point there will be 42,000,000 ADN in circulation!!! (840,000 blocks * 50 ADN/block)

This high influx of coins will flood the market and drive the price down as it is no longer rare. The block rewards either need to be reduce more quickly or the block target time needs to be increased to 2.5 minutes as in vertcoin.

Feel free to check the numbers yourself.... i hope i made a typo.

max is 84m regardless, We might just get there a little faster.


Other note, check out this logo
https://i.imgur.com/9wR4cEt.jpg

hi,defaced,
I also think that The block rewards either need to be reduce more quickly or the block target time needs to be increased to 2.5 minutes as in vertcoin.
I think you should think about it very carefully.
Thanks!

Doing this now is slightly dishonest and gives alot of coins to the first miners.

I suggest that the block reward will halve in 210,000 blocks (Instead of 840,000 blocks），
Doing so does not result in unfairness， while keeping prices stable。

+1

+1

The Point is that we have actual no merchant or something else what we can do with our coins.
they are flooding the market with our coins every day, so miners which are selling his coins directly maybe are lucky,
but what will the future bring us ? (shareholder and miner from the beginning)

ADN is accepted on ALTACCEPT.com a new payment processor that is working on getting new merchants.

This is still not enough infrastructure to outweigh the rate of current mining.

I agree with a faster reward halving, but it needs to be done more thoughtfully.

This is the current distribution:

blocks   reward   coins   total coins   time (years)
840000   50   42000000   42000000   0.799086758
840000   25   21000000   63000000   1.598173516
840000   12.5   10500000   73500000   2.397260274
840000   6.25   5250000   78750000   3.196347032
840000   3.125   2625000   81375000   3.99543379
840000   1.5625   1312500   82687500   4.794520548
840000   0.78125   656250   83343750   5.593607306
840000   0.390625   328125   83671875   6.392694064
840000   0.1953125   164062.5   83835937.5   7.191780822
840000   0.09765625   82031.25   83917968.75   7.99086758


At 210,000 block reward halving you run into a convergence on 21 M coins, not the desired 84 M:

blocks   reward   coins   total coins   time (years)
210000   50   10500000   10500000   0.199771689
210000   25   5250000   15750000   0.399543379
210000   12.5   2625000   18375000   0.599315068
210000   6.25   1312500   19687500   0.799086758
210000   3.125   656250   20343750   0.998858447
210000   1.5625   328125   20671875   1.198630137
210000   0.78125   164062.5   20835937.5   1.398401826
210000   0.390625   82031.25   20917968.75   1.598173516
210000   0.1953125   41015.625   20958984.38   1.797945205
210000   0.09765625   20507.8125   20979492.19   1.997716895
210000   0.048828125   10253.90625   20989746.09   2.197488584
210000   0.024414063   5126.953125   20994873.05   2.397260274
210000   0.012207031   2563.476563   20997436.52   2.597031963
210000   0.006103516   1281.738281   20998718.26   2.796803653
210000   0.003051758   640.8691406   20999359.13   2.996575342
210000   0.001525879   320.4345703   20999679.57   3.196347032
210000   0.000762939   160.2172852   20999839.78   3.396118721
210000   0.00038147   80.10864258   20999919.89   3.595890411
210000   0.000190735   40.05432129   20999959.95   3.7956621
210000   9.53674E-05   20.02716064   20999979.97   3.99543379
210000   4.76837E-05   10.01358032   20999989.99   4.195205479
210000   2.38419E-05   5.006790161   20999994.99   4.394977169
210000   1.19209E-05   2.503395081   20999997.5   4.594748858
210000   5.96046E-06   1.25169754   20999998.75   4.794520548
210000   2.98023E-06   0.62584877   20999999.37   4.994292237
210000   1.49012E-06   0.312924385   20999999.69   5.194063927
210000   7.45058E-07   0.156462193   20999999.84   5.393835616
210000   3.72529E-07   0.078231096   20999999.92   5.593607306
210000   1.86265E-07   0.039115548   20999999.96   5.793378995


I think the optimum coin release schedule involves a combination of variable block reward halving times along with a minimum block reward of 3.125:

blocks   reward   coins   total coins   time (years)
210000   50   10500000   10500000   0.199771689
420000   25   10500000   21000000   0.599315068
840000   12.5   10500000   31500000   1.398401826
1680000   6.25   10500000   42000000   2.996575342
3360000   3.125   10500000   52500000   6.192922374
10080000   3.125   31500000   84000000   15.78196347


The original distribution period was 8 years, this method increases that time period to 15 years. However, you can see that it bottlenecks the coin distribution to 42M coins in 3 years rather than the original plan of less than 1 year.

I like it. I think more stake holders would be needed to confirm if this is a change everyone wants to make.

I like it also, doesn`t seem something crazy from my point, if the community agrees maybe we can make a POLL here to vote.

https://bitcointalk.org/index.php?topic=575241.0
hi,defaced and all,
   
Voting has ended, the majority of people agree to change ADN algorithm, the next step，we  change the algorithm of ADN?

The vote was to change the block reward halving. Why do you want to change the algo? And what to?

[mirorles]

HELLO !

[ycm82]

While I do feel ADN holds some promise, i am i little concerned about the coin release schedule.

Specs provided:

84,000,000 ADN
50 ADN / block
30 second block target time
840,000 halving


Given these specs, that is 100 ADN / minute or 144,000 ADN per day.

The block reward will halve in ~292 days (840,000 blocks / 2 blocks/min / 60 min/hr / 24 hr/day).

At this point there will be 42,000,000 ADN in circulation!!! (840,000 blocks * 50 ADN/block)

This high influx of coins will flood the market and drive the price down as it is no longer rare. The block rewards either need to be reduce more quickly or the block target time needs to be increased to 2.5 minutes as in vertcoin.

Feel free to check the numbers yourself.... i hope i made a typo.

max is 84m regardless, We might just get there a little faster.


Other note, check out this logo
https://i.imgur.com/9wR4cEt.jpg

hi,defaced,
I also think that The block rewards either need to be reduce more quickly or the block target time needs to be increased to 2.5 minutes as in vertcoin.
I think you should think about it very carefully.
Thanks!

Doing this now is slightly dishonest and gives alot of coins to the first miners.

I suggest that the block reward will halve in 210,000 blocks (Instead of 840,000 blocks），
Doing so does not result in unfairness， while keeping prices stable。

+1

+1

The Point is that we have actual no merchant or something else what we can do with our coins.
they are flooding the market with our coins every day, so miners which are selling his coins directly maybe are lucky,
but what will the future bring us ? (shareholder and miner from the beginning)

ADN is accepted on ALTACCEPT.com a new payment processor that is working on getting new merchants.

This is still not enough infrastructure to outweigh the rate of current mining.

I agree with a faster reward halving, but it needs to be done more thoughtfully.

This is the current distribution:

blocks   reward   coins   total coins   time (years)
840000   50   42000000   42000000   0.799086758
840000   25   21000000   63000000   1.598173516
840000   12.5   10500000   73500000   2.397260274
840000   6.25   5250000   78750000   3.196347032
840000   3.125   2625000   81375000   3.99543379
840000   1.5625   1312500   82687500   4.794520548
840000   0.78125   656250   83343750   5.593607306
840000   0.390625   328125   83671875   6.392694064
840000   0.1953125   164062.5   83835937.5   7.191780822
840000   0.09765625   82031.25   83917968.75   7.99086758


At 210,000 block reward halving you run into a convergence on 21 M coins, not the desired 84 M:

blocks   reward   coins   total coins   time (years)
210000   50   10500000   10500000   0.199771689
210000   25   5250000   15750000   0.399543379
210000   12.5   2625000   18375000   0.599315068
210000   6.25   1312500   19687500   0.799086758
210000   3.125   656250   20343750   0.998858447
210000   1.5625   328125   20671875   1.198630137
210000   0.78125   164062.5   20835937.5   1.398401826
210000   0.390625   82031.25   20917968.75   1.598173516
210000   0.1953125   41015.625   20958984.38   1.797945205
210000   0.09765625   20507.8125   20979492.19   1.997716895
210000   0.048828125   10253.90625   20989746.09   2.197488584
210000   0.024414063   5126.953125   20994873.05   2.397260274
210000   0.012207031   2563.476563   20997436.52   2.597031963
210000   0.006103516   1281.738281   20998718.26   2.796803653
210000   0.003051758   640.8691406   20999359.13   2.996575342
210000   0.001525879   320.4345703   20999679.57   3.196347032
210000   0.000762939   160.2172852   20999839.78   3.396118721
210000   0.00038147   80.10864258   20999919.89   3.595890411
210000   0.000190735   40.05432129   20999959.95   3.7956621
210000   9.53674E-05   20.02716064   20999979.97   3.99543379
210000   4.76837E-05   10.01358032   20999989.99   4.195205479
210000   2.38419E-05   5.006790161   20999994.99   4.394977169
210000   1.19209E-05   2.503395081   20999997.5   4.594748858
210000   5.96046E-06   1.25169754   20999998.75   4.794520548
210000   2.98023E-06   0.62584877   20999999.37   4.994292237
210000   1.49012E-06   0.312924385   20999999.69   5.194063927
210000   7.45058E-07   0.156462193   20999999.84   5.393835616
210000   3.72529E-07   0.078231096   20999999.92   5.593607306
210000   1.86265E-07   0.039115548   20999999.96   5.793378995


I think the optimum coin release schedule involves a combination of variable block reward halving times along with a minimum block reward of 3.125:

blocks   reward   coins   total coins   time (years)
210000   50   10500000   10500000   0.199771689
420000   25   10500000   21000000   0.599315068
840000   12.5   10500000   31500000   1.398401826
1680000   6.25   10500000   42000000   2.996575342
3360000   3.125   10500000   52500000   6.192922374
10080000   3.125   31500000   84000000   15.78196347


The original distribution period was 8 years, this method increases that time period to 15 years. However, you can see that it bottlenecks the coin distribution to 42M coins in 3 years rather than the original plan of less than 1 year.

I like it. I think more stake holders would be needed to confirm if this is a change everyone wants to make.

I like it also, doesn`t seem something crazy from my point, if the community agrees maybe we can make a POLL here to vote.

https://bitcointalk.org/index.php?topic=575241.0
hi,defaced and all,
   
Voting has ended, the majority of people agree to change ADN algorithm, the next step，we  change the algorithm of ADN?

The vote was to change the block reward halving. Why do you want to change the algo? And what to?

sorry, you are right,
The vote was to change the block reward halving.,it is  also my want to  change the block reward halving .

[ocminer]

Pool:

https://aiden.suprnova.cc

FAST US & EU STRATUM !

Dropped the fee completely for now, get in while it's hot


We pay out every 60 seconds
We have all the goodies you need

Has also updated to the new version of wallet with new checkpoints !

[ycm82]

Defaced disappeared 
 

[snogcel]

I've been throwing around an idea in my head the last few days. Wanted to get a feel if there's an interest here at all for it -

What would you guys think of a digital artwork store? Payment method would be Aiden and it'd go straight to the artists who created the work. There's be some set up but I think it could be a really cool way to broaden the reach of our little crypto-coin world. Let me know what you think :-)

[SpeedDemon13]

I'm only getting a total power saving of 10% on this algo on all six mining rigs. I just don't really see the power savings from the supposedly 8x less memory intensive claim. I did use a Kill-A-Watt meter to get all my readings.

[carlo63]

I'm only getting a total power saving of 10% on this algo on all six mining rigs. I just don't really see the power savings from the supposedly 8x less memory intensive claim. I did use a Kill-A-Watt meter to get all my readings.

indeed my temps are exactly the same as for litecoins or vertcoins: 70 -72C

[ycm82]

I've been throwing around an idea in my head the last few days. Wanted to get a feel if there's an interest here at all for it -

What would you guys think of a digital artwork store? Payment method would be Aiden and it'd go straight to the artists who created the work. There's be some set up but I think it could be a really cool way to broaden the reach of our little crypto-coin world. Let me know what you think :-)

Wait until the emergence of Defaced, we promoted the development of ADN

[eq-sun]

poloniex.com   closed this  coin what?

[burningzoul]

poloniex.com   closed this  coin what?

Short answer: No

[ECF]

http://www.ecoinfund.com/images/logo.jpg

Website | Twitter  | Bitcointalk

Hi,AIDEN Community

We have added ADN to ECOINFUND vote list.（http://www.ecoinfund.com/vote）
Multi-language Alt-Coin Exchange,Fast, Secure and Trustworthy.

Big ECC GIVEAWAY before 20.April
Tweet this green text on your own twitter account then recive 20ECC（ECC Details）;

ecoinfund.com |New Exchange,multi-language support,Earn 20ECC(fee shares) by every retweet before 30 April,don't miss the train!

Pls post your twitter link and Ecoinfund ID on our bitcointalk thread or pm us.

ECF Coin (ECC for short) is the fee share program launched by Ecoinfund.
Ecoinfund will commit 50% of trade revenue to ECC program. (highest on market)
Giveaway more infomation:https://bitcointalk.org/index.php?topic=501030.0

Happy trading !

Our big giveaway will Continue by 30 April,The ECC valve will increase soon,do not miss it!

[eq-sun]

poloniex.com   closed this  coin what?

Short answer: No

going to balance    show    FROZEN    Aiden

[burningzoul]

poloniex.com   closed this  coin what?

Short answer: No

going to balance    show    FROZEN    Aiden

Yeah it is not Closed, they have Frozen the deposits and we will found out why soon enough: Currency Frozen - Do Not Deposit


EDIT: This is the reply from poloniex admins on the Trollbox:
BrooklynGuy: xXx , we need to check the wallet; investigating an inconsistency
tf2honeybadger: xXx, according to the moderator log, there was a possibe fork. That's all I know. Sorry.

[lunswor]

adn.cryptorus.com 100% fee for bounty's has come to an end.
A total of 600 ADN has been sent to the general bounty wallet.
http://aiden.cryptorus.com/tx/10203b47d63d62964885d470be0befed0e614d617bc81f83ebf0be273ec6dee6
http://aiden.cryptorus.com/address/APNYxCyLqzjNx5p9ERSAeGvCj3yhzPhd8K

[ycm82]

poloniex.com   closed this  coin what?

Short answer: No

going to balance    show    FROZEN    Aiden

Yeah it is not Closed, they have Frozen the deposits and we will found out why soon enough: Currency Frozen - Do Not Deposit


EDIT: This is the reply from poloniex admins on the Trollbox:
BrooklynGuy: xXx , we need to check the wallet; investigating an inconsistency
tf2honeybadger: xXx, according to the moderator log, there was a possibe fork. That's all I know. Sorry.

defaced ,come on !