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Author Topic: [ANN][SIM] Simcoin - A Simple Coin  (Read 157669 times)
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NxtChg (OP)
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August 31, 2014, 02:34:15 PM
 #1181

Distribution update



254 accounts own simcoins now vs 210 after the IPO.

The top 10 accounts own 21.26% vs 21.25% on July 20.

Progress report

Not much of a progress this week, had to take care of some real life stuff.

Nevertheless, did a major refactoring of the Heart (that's the main module that is responsible for transaction consensus). Simplified a lot, transactions are now not individual tasks anymore, but simple objects inside the Heart, this should also improve performance. Fixed a few bugs. Transaction Pipeline diagram updated to reflect all the changes.

So we are now on the homestretch before the first complete version of the core.

This is supposed to be a bare-minimum system, but with all the main functionality in place:
- encrypted network protocol
- time sync
- secure, encrypted vault
- account registration
- 'send' transaction
- fast and reliable consensus
- bootstrapping
- reorg
- arbitrary history truncation
- compact database
- client subscription/account info

I estimate that although some parts might take a bit longer, the core itself should be ready by the end of September (assuming no major interruptions, of course - things happen, you know).

Node's codebase is currently 12,500 lines of code, all the cryptographic code (blake, salsa, ed25519) takes about 3,000 lines. Also, some parts are still messy, with lots of "this should probably…"-style comments, so I expect it to shrink even further.


Simcoin: https://simtalk.org:444/ | The Simplest Bitcoin Wallet: https://tsbw.io/ | Coinmix: https://coinmix.to | Tippr stats: https://tsbw.io/tippr/
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marek3ball
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August 31, 2014, 05:59:53 PM
 #1182

I didn't read your answer there. I like your confidence about SimCoin!  Cool
NxtChg (OP)
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August 31, 2014, 06:07:10 PM
 #1183

I like your confidence about SimCoin!  Cool

That's because I've seen it work Smiley

Unless I missed some fatal flaw, it will rock.

Simcoin: https://simtalk.org:444/ | The Simplest Bitcoin Wallet: https://tsbw.io/ | Coinmix: https://coinmix.to | Tippr stats: https://tsbw.io/tippr/
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August 31, 2014, 06:13:05 PM
 #1184

I like your confidence about SimCoin!  Cool

That's because I've seen it work Smiley

Unless I missed some fatal flaw, it will rock.
But please show me what I invested in lol
NxtChg (OP)
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August 31, 2014, 06:14:36 PM
 #1185

But please show me what I invested in lol

What, you missed the last test? Should come here more often Wink

Next one will be somewhere in September.

Simcoin: https://simtalk.org:444/ | The Simplest Bitcoin Wallet: https://tsbw.io/ | Coinmix: https://coinmix.to | Tippr stats: https://tsbw.io/tippr/
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About smaragda and his lies: https://medium.com/@nxtchg/about-smaragda-and-his-lies-c376e4694de9
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August 31, 2014, 06:16:13 PM
 #1186

But please show me what I invested in lol

What, you missed the last test? Should come here more often Wink

Next one will be somewhere in September.
Hehe I am only joking!

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August 31, 2014, 09:46:19 PM
 #1187

Can you make sure the windows wallet will work on a 32bit computer Smiley thanks
NxtChg (OP)
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August 31, 2014, 09:59:03 PM
 #1188

Can you make sure the windows wallet will work on a 32bit computer Smiley thanks

Mine is 32-bit, so yeah Smiley

Simcoin: https://simtalk.org:444/ | The Simplest Bitcoin Wallet: https://tsbw.io/ | Coinmix: https://coinmix.to | Tippr stats: https://tsbw.io/tippr/
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About smaragda and his lies: https://medium.com/@nxtchg/about-smaragda-and-his-lies-c376e4694de9
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September 01, 2014, 12:14:33 PM
 #1189

Can you make sure the windows wallet will work on a 32bit computer Smiley thanks

Mine is 32-bit, so yeah Smiley

Do you consider linux wallet?  Smiley
NxtChg (OP)
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September 01, 2014, 01:23:34 PM
 #1190

Do you consider linux wallet?  Smiley

Of course, but later.

Simcoin: https://simtalk.org:444/ | The Simplest Bitcoin Wallet: https://tsbw.io/ | Coinmix: https://coinmix.to | Tippr stats: https://tsbw.io/tippr/
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About smaragda and his lies: https://medium.com/@nxtchg/about-smaragda-and-his-lies-c376e4694de9
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September 01, 2014, 07:30:30 PM
 #1191

Sorry if this has been asked before, but where can I buy Simcoin?

Just https://simxchg.com/ for now?
NxtChg (OP)
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September 01, 2014, 07:37:09 PM
 #1192

Sorry if this has been asked before, but where can I buy Simcoin?

Just https://simxchg.com/ for now?

Yep.

Simcoin: https://simtalk.org:444/ | The Simplest Bitcoin Wallet: https://tsbw.io/ | Coinmix: https://coinmix.to | Tippr stats: https://tsbw.io/tippr/
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About smaragda and his lies: https://medium.com/@nxtchg/about-smaragda-and-his-lies-c376e4694de9
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September 01, 2014, 07:47:51 PM
 #1193

Wait so the order book says the price is at 0.00000133 but the depth chart says it's at 0.00133 ... which one is correct?

The former would suggest that the marketcap is at $1330 the latter would suggest that it's at $1330000.
NxtChg (OP)
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September 01, 2014, 08:07:32 PM
 #1194

Wait so the order book says the price is at 0.00000133 but the depth chart says it's at 0.00133 ... which one is correct?

Long labels didn't fit on the depth chart, so it's in mBTC.

Simcoin: https://simtalk.org:444/ | The Simplest Bitcoin Wallet: https://tsbw.io/ | Coinmix: https://coinmix.to | Tippr stats: https://tsbw.io/tippr/
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About smaragda and his lies: https://medium.com/@nxtchg/about-smaragda-and-his-lies-c376e4694de9
flowerpots
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September 01, 2014, 09:26:02 PM
 #1195

Wait so the order book says the price is at 0.00000133 but the depth chart says it's at 0.00133 ... which one is correct?

Long labels didn't fit on the depth chart, so it's in mBTC.

Ask price is 0.00000133btc so...

 0.00000133 * 1,000,000,000 * $500 = $665,000 marketcap.

NxtChg (OP)
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September 01, 2014, 09:33:53 PM
 #1196

0.00000133 * 1,000,000,000 * $500 = $665,000 marketcap.

Only 400 M distributed so far.

Simcoin: https://simtalk.org:444/ | The Simplest Bitcoin Wallet: https://tsbw.io/ | Coinmix: https://coinmix.to | Tippr stats: https://tsbw.io/tippr/
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September 01, 2014, 10:04:14 PM
 #1197

SIMcoin seems to be an interesting project, but is there any proof that it really exists in reality?
NxtChg (OP)
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September 01, 2014, 10:14:50 PM
 #1198

SIMcoin seems to be an interesting project, but is there any proof that it really exists in reality?


Simcoin: https://simtalk.org:444/ | The Simplest Bitcoin Wallet: https://tsbw.io/ | Coinmix: https://coinmix.to | Tippr stats: https://tsbw.io/tippr/
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About smaragda and his lies: https://medium.com/@nxtchg/about-smaragda-and-his-lies-c376e4694de9
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September 01, 2014, 10:17:01 PM
 #1199

How long do deposits usually take?
NxtChg (OP)
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September 01, 2014, 10:24:59 PM
 #1200

How long do deposits usually take?

Yeah, they are somewhat slow because blockchain.info needs to forward them.

Or sometimes they might even get stuck. Try sending 0.001 to the same address.

Simcoin: https://simtalk.org:444/ | The Simplest Bitcoin Wallet: https://tsbw.io/ | Coinmix: https://coinmix.to | Tippr stats: https://tsbw.io/tippr/
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About smaragda and his lies: https://medium.com/@nxtchg/about-smaragda-and-his-lies-c376e4694de9
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