[ANN][KARM] Karma / ₭ / X11

[learminer]

WHAT IS THE TOTAL AMOUNTS OF THIS COIN?

Coinmarketcap.com has current total coins in circ.  around 68B by October and remaining 24B over 16 years.

I doubt KARM will be around in 2 years maybe less not 16...

I'd agree with most other altcoins, but Karma is one of the few where I think you're wrong.

[Delaforetnoire]

http://fabrik.spreadshirt.com/


-Open a new spreadshirt account
-Provide Karma products
-Provide cheaper prices, in USD$


-Create and provide new designs from community

You can buy now our fresh FABRI₭ stuff, all our benefits will go to our LLC.








///What will you do with benefit?
-All benefit goes to KarmasharesLLC, all will be transparent as usual.
With benefit in $, we will buy BTC then distribute BTC to KarmasharesLLC shareholders.

[dbstmddhks]

http://fabrik.spreadshirt.com/


-Open a new spreadshirt account
-Provide Karma products
-Provide cheaper prices, in USD$


-Create and provide new designs from community

You can buy now our fresh FABRI₭ stuff, all our benefits will go to our LLC.








///What will you do with benefit?
-All benefit goes to KarmasharesLLC, all will be transparent as usual.
With benefit in $, we will buy BTC then distribute BTC to KarmasharesLLC shareholders.

HaHa Nice

[easteagle13]

I would like to announce a contest for our KARMA AWARENESS drive. As part of our Marketing and PR activities.

This will be called Karma is Everywhere video contest.
The winner will get 1000 000 karma from me. unless other karma community member raise this amount.

RULES.

1. A minimum of 20 inches by 20 inches Karma official logo with the word KARMA below. (You can do it by printing on some A4 bond paper and glue them together .)
2. An identifiable country landmark that you live in. (i.e French can have eiffel tower, or any venue that is easily identifiable to belong to that country)
3. A fun scene (not necessarily funny but the fun-nier the better)
4. Every video entry should be 10seconds to 30 seconds video clip (If you want anonimity you can even cover your face with our LOGO and it's perfectly ok)
5. A submitter can submit up to 3 different video entries.
6. Everyone who will submit expressly agree that the video clip submitted can be used by Karmashares LLC on its activities and advertising drive in the future.
7. Sound and TEXT on video are optional
8. Upload a High Definition clip with a minimum 720x480 pixel copy of the clip on youtube and give us the link in our official FORUM (http://karmashares.com/forums/index.php?action=post;board=15.0)
9. This fun contest will run from May 29, 2014 up to June 15, 2014.
10. The winner will be voted upon by the community. And the community decision will be final.

Thanks I hope for your lively participation, this is the time to show how proud you are of your COUNTRY and OUR COIN! GOOD LUCK EVERYONE! GO KARMA!

[Delaforetnoire]

I would like to announce too a new contest for our KARMA AWARENESS drive. As part of our Marketing and PR activities.

This will be called Karma Rising Picture Contest.
The winner will get 1 000 000 karma from me. unless other karma community member raise this amount.

RULES.

1. A minimum of 20 inches by 10 inches Karma official logo with the word KARMA below. (You can do it by printing on some A4 bond paper and glue them together .)
2. An identifiable typical area landmark that you live in. (Lands, typical trees or animals, your city...)
3. A fun scene (not necessarily funny but the fun-nier the better)
4. If you want anonymity you can even hide your face or just take the picture of our logo in a beautiful/fun scene.
5. A submitter can submit up to 3 different pictures entries.
6. Everyone who will submit expressly agree that the picture submitted can be used by Karmashares LLC on its activities and advertising drive in the future.
7. Text is optional
8. Upload a High Definition picture with a minimum 1024x768 pixel copy of the picture on http://imgur.com/ and give us the link in our official REDDIT (http://www.reddit.com/r/KarmaTeam/comments/26ou0r/karma_rising_picture_contest/)
9. This fun contest will run from May 29, 2014 up to June 15, 2014.
10. The winner will be voted upon by the community. And the community decision will be final.

We are waiting for your lively participation, this is the time to show how proud you are of your AREA and OUR COIN! GOOD LUCK EVERYONE! GO KARMA!

[easteagle13]

I would like to announce too a new contest for our KARMA AWARENESS drive. As part of our Marketing and PR activities.

This will be called Karma Rising Picture Contest.
The winner will get 1 000 000 1, 500 000 karma from us. unless other karma community member raise this amount.

RULES.

1. A minimum of 20 inches by 10 inches Karma official logo with the word KARMA below. (You can do it by printing on some A4 bond paper and glue them together .)
2. An identifiable typical area landmark that you live in. (Lands, typical trees or animals, your city...)
3. A fun scene (not necessarily funny but the fun-nier the better)
4. If you want anonymity you can even hide your face or just take the picture of our logo in a beautiful/fun scene.
5. A submitter can submit up to 3 different pictures entries.
6. Everyone who will submit expressly agree that the picture submitted can be used by Karmashares LLC on its activities and advertising drive in the future.
7. Text is optional
8. Upload a High Definition picture with a minimum 1024x768 pixel copy of the picture on http://imgur.com/ and give us the link in our official REDDIT (http://www.reddit.com/r/KarmaTeam/comments/26ou0r/karma_rising_picture_contest/)
9. This fun contest will run from May 29, 2014 up to June 15, 2014.
10. The winner will be voted upon by the community. And the community decision will be final.

We are waiting for your lively participation, this is the time to show how proud you are of your AREA and OUR COIN! GOOD LUCK EVERYONE! GO KARMA!

[pabloangello]

This thread is still very active, that's interesting, price could explode at any time

[Delaforetnoire]

This thread is still very active, that's interesting, price could explode at any time

For sure, KARMA is may be the most active coin for now. Flying under the pumpers radar  

[easteagle13]

This thread is still very active, that's interesting, price could explode at any time

And if you can submit entries to our contest maybe we can detonate that earlier. What do you say are you in?

[Alphi]

IMPORTANT.. if you want to have a secure network then please try to use P2Pool Pools...   P2Pool has built in protection that can help against 51% attacks and DDOS.
those are the pools where you mine using your Karma Address with no password.

P2Pool based pools cannot be hijacked and used to attack the Karma Network... MPOS pools (the ones that have an interface similar to http://karm.multi-pool.eu/) CAN.

Just friendly advice if people are interested in the security of the network.

92% of global hashing power is with one pool

if you are on the http://karm.multi-pool.eu/ pool please spread the hash to

http://chunkypools.com/karm/

http://karma.hashstrike.com

http://karma.miners-point.com/

http://karma.p2pool.altcoin.dk/

http://pool.terahashers.com/

Code:

-SNIP-

Don't forget about xhash.net. I've been mining there for the last 2 weeks with rock solid results. They only have about 30 mh/s of the 550+mh/s network. I've had 0 getwork failures and 0 remote failures so far over the last 2 1/2 days of consecutive mining since my last reboot/power failure. I'm mining with about 800 kh/s and get about 12,000 every hour to hour and a half with xhash.

Also as far as I know hashstrike has been dead for weeks. It's my primary pool with xhash as a failover and it's been marked as dead and I've been mining at xhash since. Shame, I got about 3,000 coins there.

[altcoingood]

IMPORTANT.. if you want to have a secure network then please try to use P2Pool Pools...   P2Pool has built in protection that can help against 51% attacks and DDOS.
those are the pools where you mine using your Karma Address with no password.

P2Pool based pools cannot be hijacked and used to attack the Karma Network... MPOS pools (the ones that have an interface similar to http://karm.multi-pool.eu/) CAN.

Just friendly advice if people are interested in the security of the network.

92% of global hashing power is with one pool

if you are on the http://karm.multi-pool.eu/ pool please spread the hash to

http://chunkypools.com/karm/

http://karma.hashstrike.com

http://karma.miners-point.com/

http://karma.p2pool.altcoin.dk/

http://pool.terahashers.com/

Code:

-SNIP-

Don't forget about xhash.net. I've been mining there for the last 2 weeks with rock solid results. They only have about 30 mh/s of the 550+mh/s network. I've had 0 getwork failures and 0 remote failures so far over the last 2 1/2 days of consecutive mining since my last reboot/power failure. I'm mining with about 800 kh/s and get about 12,000 every hour to hour and a half with xhash.

Also as far as I know hashstrike has been dead for weeks. It's my primary pool with xhash as a failover and it's been marked as dead and I've been mining at xhash since. Shame, I got about 3,000 coins there.

Yes at the very least use another pool than the one carrying 92% of the hashing power.

[Alphi]

Yes at the very least use another pool than the one carrying 92% of the hashing power. #*&#^*&^#$ *deleted*

ok dude calm down... just let the core team know. if people on the inside are involved then they should be educated on the seriousness of the issue.
a hard fork will not destroy the coin but it will cause a big PR and technical headache and so we should try to avoid it at all costs. we really just need to get the education up about NOT using pools and pool software that can be used to destabilize the network.

[altcoingood]

Yes at the very least use another pool than the one carrying 92% of the hashing power. #*&#^*&^#$ *deleted*

ok dude calm down... just let the core team know. if people on the inside are involved then they should be educated on the seriousness of the issue.
a hard fork will not destroy the coin but it will cause a big PR and technical headache and so we should try to avoid it at all costs. we really just need to get the education up about NOT using pools and pool software that can be used to destabilize the network.

it will cause a big PR and technical headache and so we should try to avoid it at all costs

any means necessary? right now we should reach out to everyone who has exchanges or does any kind of transactions with karma and tell them to up the confirmation time to atleast 100 (i am not even sure 100 is enough).

[kosmost]

An idea for mining may help, too.

I'm assuming you're able to see what hashing power someone brings to your site, and for how long they've been mining?

How about a "Hash for Shares" program whereby we give miners a piece of the pie for providing hashing power?

we could say that for every 7 days you mine you'll get X shares multiplied by your hashrate.

(I could fund this from the 1,084,289 shares that I own)

Any idea how this could work?

is this a viable idea?

to provide incentives for people to mine at another pool?

[Alphi]

An idea for mining may help, too.

I'm assuming you're able to see what hashing power someone brings to your site, and for how long they've been mining?

How about a "Hash for Shares" program whereby we give miners a piece of the pie for providing hashing power?

we could say that for every 7 days you mine you'll get X shares multiplied by your hashrate.

(I could fund this from the 1,084,289 shares that I own)

Any idea how this could work?

is this a viable idea?

to provide incentives for people to mine at another pool?

it is possible, apparently Blackcoin and Mintcoin do this.. they set up pools where people provide mining power and they get paid in Black and Mintcoin.

http://coinjoint.info/pow-multipools-affect-pos-blackcoin-mintcoin-others/

whether or not it is actually worthwhile is a different question.. I suppose all miners just tend to go where it is more profitable.. so you would just need to find a balance that gives them enough extra to move without breaking the bank. If you set up a P2Pool pool and do that.. even if they all move over it wont be a problem as far as 51% attacks are concerned.

[kosmost]

an interesting discussion: http://www.reddit.com/r/CryptoCurrency/comments/26oyw1/howto_kill_any_100_pos_coins_owning_less_than_1/

"kill any 100% PoS coins owning less than 1% of all coins."

not sure if this has been addressed

[kosmost]

is this a viable idea?

to provide incentives for people to mine at another pool?

it is possible, apparently Blackcoin and Mintcoin do this.. they set up pools where people provide mining power and they get paid in Black and Mintcoin.

http://coinjoint.info/pow-multipools-affect-pos-blackcoin-mintcoin-others/

whether or not it is actually worthwhile is a different question.. I suppose all miners just tend to go where it is more profitable.. so you would just need to find a balance that gives them enough extra to move without breaking the bank. If you set up a P2Pool pool and do that.. even if they all move over it wont be a problem as far as 51% attacks are concerned.

With one difference.. payment would be in Karmashares. We don't want anyone (some of whom are primarily profit-driven) dumping Karma.

The Karma they mine they can do as they please.

But it may compel some miners to take a more long-term view of what they are mining. Some may not even know of Karmashares, possibly.

[Alphi]

Yes at the very least use another pool than the one carrying 92% of the hashing power. #*&#^*&^#$ *deleted*

ok dude calm down... just let the core team know. if people on the inside are involved then they should be educated on the seriousness of the issue.
a hard fork will not destroy the coin but it will cause a big PR and technical headache and so we should try to avoid it at all costs. we really just need to get the education up about NOT using pools and pool software that can be used to destabilize the network.

it will cause a big PR and technical headache and so we should try to avoid it at all costs

any means necessary? right now we should reach out to everyone who has exchanges or does any kind of transactions with karma and tell them to up the confirmation time to atleast 100 (i am not even sure 100 is enough).

yeah fast block times cause this kind of problem.. I'm guessing you would need to guestimate how long someone could take over the network before the network can react.. then divide that by the block time and that should be your number for confirmations needed for exchanges. so you are probably right about 100 not being enough...

[altcoingood]

just did a quick rundown of the pools

we should add up our hash-rates and distribute them among the pools that have 0-1 miners.

with just 5mh/s a pool will find a block every 2 hours.

http://karma.poolsofhonor.com/ (2 miners @3MH/s)

http://karma.p2pool.altcoin.dk/ (6 miners @6MH/s)

http://pool.terahashers.com (1 miner @300KH/s)

http://karma.miners-point.com/ (4 miners @6MH/s)

http://hasher.ca (1 miner @250KH/s)

http://chunkypools.com/karm (0 miners)

http://karma.hashstrike.com (down)

http://xhash.net (19 miners @35MH/s)

http://karm.multi-pool.eu (212 miners @505MH/s)

i am mining 1mh/s at karma.p2pool.altcoin.dk and i will move that to one of the other pools with <6MH/s when the pool has 1MH/s extra.

i was mining reddcoins/renting out my mining rig, but karmas mining situation is totally fucked so i am back mining karmas for the health of the network.

(yes i forgot poolsofhonor i am gonna edit it)

[Alphi]

is this a viable idea?

to provide incentives for people to mine at another pool?

it is possible, apparently Blackcoin and Mintcoin do this.. they set up pools where people provide mining power and they get paid in Black and Mintcoin.

http://coinjoint.info/pow-multipools-affect-pos-blackcoin-mintcoin-others/

whether or not it is actually worthwhile is a different question.. I suppose all miners just tend to go where it is more profitable.. so you would just need to find a balance that gives them enough extra to move without breaking the bank. If you set up a P2Pool pool and do that.. even if they all move over it wont be a problem as far as 51% attacks are concerned.

With one difference.. payment would be in Karmashares. We don't want anyone (some of whom are primarily profit-driven) dumping Karma.

The Karma they mine they can do as they please.

But it may compel some miners to take a more long-term view of what they are mining. Some may not even know of Karmashares, possibly.

how about you say if coins are mined on pool X then they don't have to wait 30 days for their karmashares or some sort of bonus scheme like that...
the pool has to be P2Pool though or it wont work because then you would just end up centralizing the mining power even further.


or I just had another thought... P2Pool transactions are easy to detect because they send out coins in small chunks rather than big blocks the way MPOS does..
so you could look for small transactions on the blockchain and reward those ones with bonus Karmashares. that way everyone who uses P2Pool regardless of where they mine would be rewarded for doing good on the network.  mined coins (virgin coins) compared to spent coins are easy to detect too so you could theoretically prevent the system from being gamed.