[ANN][SIM] Simcoin - A Simple Coin

[NxtChg]

Exchange is back online, I will be migrating it again, as soon as a new VPS is ready.

This is the last time I try it, if the new hosting will also be unreliable I will close the exchange for a few months.

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[grandpa_seth]

Simxchg takes too much of your coding and thinking time. I never wanted it and I don't think it is needed any longer. Those who wanted to dump did so. Now is the time for overlord to put on his Reeboks and pump it up to show its serious time. Announce like a final 3 day sale for anyone who wants to dump or panic buy and let us wait for a finished mind blowing simcoin to emerge.

[NxtChg]

Announce like a final 3 day sale for anyone who wants to dump or panic buy and let us wait for a finished mind blowing simcoin to emerge.

Yeah, that would be nice... But let's try one more time first.

This week mostly went down the drain anyway, so I will dedicate another day tomorrow to try and find a new hosting and if that fails or if a new one is unreliable, then we will suspend the exchange for 2-3 months.

[grandpa_seth]

Nxtchg is more patient and loving of his people than I am. I would be like "Hey, I'm the genius around here and I don't have time to run this exchange anymore. I'm busy creating the best simple instant payment system for my future minions of earth to trade for trinkets and shiny baubles. If you don't like it too bad so sad."

[NxtChg]

Nxtchg is more patient and loving of his people than I am. I would be like "Hey, I'm the genius around here and I don't have time to run this exchange anymore. I'm busy creating the best simple instant payment system for my future minions of earth to trade for trinkets and shiny baubles. If you don't like it too bad so sad."

grandpa_seth is hereby officially conjured to be utilized as my puny humans communicator.

Signed: The Overlord

[grandpa_seth]

grandpa_seth is hereby officially conjured to be utilized as my puny humans communicator.

Signed: The Overlord

It is with great reluctance that I have agreed to this calling. I love democracy. I love the Republic. Once this crisis has abated, I will lay down the powers you have given me!

[Bitcoin-hotep]

This is awesome.

[NxtChg]

Ok, puny humans, to help with the hosting situation a withdrawal fee of 0.5% + 0.0001 BTC will be introduced one week from this day.

This should also repel people who use the exchange as a free anonymizer and decrease the number of withdrawals I have to process.

It's only fair: if you want to trade, at least help pay for the server. There will still be no trading fees.

[KLONE::Vader]

thats fair. 1 week is enough time for everybody to decide what to do.

[huxdy]

Ok, puny humans, to help with the hosting situation a withdrawal fee of 0.5% + 0.0001 BTC will be introduced one week from this day.

This should also repel people who use the exchange as a free anonymizer and decrease the number of withdrawals I have to process.

It's only fair: if you want to trade, at least help pay for the server. There will still be no trading fees.

No problem

[grandpa_seth]

Ok, puny humans, to help with the hosting situation a withdrawal fee of 0.5% + 0.0001 BTC will be introduced one week from this day.

On behalf of the puny humans against overlords alliance I approve this decision.

[NxtChg]

Distribution update



256 accounts own simcoins now vs 210 after the IPO.

The top 10 accounts own 21.00% vs 21.12% a week before.

Progress report

Unfortunately, not much coding work this week due to constant exchange hosting troubles:
- Developing transaction queue class + unit test for it.
- Ledger DB updated, transactions table added. Integrity check code updated.
- New time sync algorithm, lots of tests in JS simulator. Got near perfect time sync even with attackers. 2 seconds sync range across the whole network without attackers. Current version: https://simcoin.info/ts8/ts.html
- Withdrawal fee support for the exchange.

[Agent86]

I have 2million Simcoin for sale if anyone is interested.  Just need some money for other uses at the moment.  Want to get back in later.  PM me or post.

[TwinWinNerD]

I have 2million Simcoin for sale if anyone is interested.  Just need some money for other uses at the moment.  Want to get back in later.  PM me or post.

too bad we don't have a exchange where you could post your offer.

Oh wait...

[Agent86]

I have 2million Simcoin for sale if anyone is interested.  Just need some money for other uses at the moment.  Want to get back in later.  PM me or post.

too bad we don't have a exchange where you could post your offer.

Oh wait...

lol... done

[zorkafdo]

Anyone willing to buy SIMGATE asset?? PM offers...

[lihui88524]

Nxtchg：
  20%Simcoins on you, why not take out a reward, to reduce your workload. For example, the design of loogo. Because it looks very ugly.

[NxtChg]

Nxtchg：
  20%Simcoins on you, why not take out a reward, to reduce your workload. For example, the design of loogo. Because it looks very ugly.

There will be logo contest soon. The reason I haven't started it yet is because I want at least one solid coding week without distractions.

[myyuxuan]

hope more  people work for you

[NxtChg]

Progress report



Solid coding week with less distractions:

- Exchange migrated once again.
- Setup hourly simxchg backup.
- Many more tests of JS time sync simulator. New algorithm. Two major bugs fixed.
- Time sync algorithm documented in wiki.
- Time sync queue + unit test for it.
- Added 2-byte timestamp delta into Pong request.
- Integrated time sync queue into the ping task.
- Tested randomized queue size for nodes - doesn't affect time sync at all.
- Tested timezone and DST change - none affects the timestamp.
- Ping measurement in Node class.
- Nodes::ping() to return total ping for all nodes for last N seconds.
- Client: net status panel.
- JS API: net_status(), acc_info() added.
- 3 Send Sim tasks started, developing money sending transaction, updating docs.

So, here’s the next version of the test client:

https://simcoin.info/simcoin_v051.zip

Create a couple of accounts and you can send money between them (transaction history is not yet displayed in the client).

Currently 5 nodes are running on 2 VPS'es: one in Portland, one in Switzerland.

Vault password is "123" if you need it.