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easteagle13
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July 27, 2014, 08:38:33 AM
Last edit: July 27, 2014, 08:55:06 AM by easteagle13 |
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So here's a rough overview of our translation effort: CHINESE (ongoing) by joymagicITALIAN (ongoing) by vitaminciiSPANISH (ongoing) by javijavierRUSSIAN (ongoing) by iGoodw1nGERMAN (ongoing) by karmakaguyFILIPINO (ongoing) by edelynHINDI (ongoin) by blg425BENGALI open PORTUGUESE (ongoing) by ptmanURDU open INDONESIAN (ongoing)by azrin619NIPPONGO open POLISH FRENCH DUTCH (ongoing) by BierworstKOREAN (ongoing) by dbstmddhksOur OP page translation SPANISH done by UrsaMajorisBeta https://bitcointalk.org/index.php?topic=670375.0! bounty sent PORTUGUESE DONE by ptman https://bitcointalk.org/index.php?topic=579973.msg7589315#msg7589315 bounty sent FRENCH DONE by xblackdemonx123 https://bitcointalk.org/index.php?topic=579973.msg7591943#msg7591943 bounty sent CHINESE DONE by joymagic https://bitcointalk.org/index.php?topic=579973.msg7596024#msg7596024 bounty sent ITALIAN DONE by vitamincii bounty sent DEUTSCH(German) DONE by austriabitcoin bounty sent GREEK DONE by Mpare bounty sent FILIPINO (edelyn assisted by east ongoing) DUTCH ongoinG by Bierworst below are open for your initiative RUSSIAN HINDI BENGALI URDU INDONESIAN NIPPONGO POLISH Bounties are coming from p4r4m0un7, easteagle13 and karmakaguy, everyone else specially TeamKarma members are welcome to pitch in. Wink I would like to call the attention of all the translators listed above. Kindly update us to the progress that you have made so far. By July 31, 2014 Anyone of the above listed who would not post or contact me about his/her progress will be considered resigned to the task of translation and therefore other volunteers are welcome. |
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easteagle13
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July 27, 2014, 08:40:04 AM |
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Can i remove the old softweat, after the update?
Be sure to back up your wallet, save that on multiple location, then when you have updated the wallet there is no need to delete anything except copy and paste you old wallet.dat to the new. |
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Kennet_h
Jr. Member
 Offline
Activity: 60
Merit: 1
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July 27, 2014, 08:47:35 AM |
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I know i don't have to, but will it cause problems if i do? Update went flawless btw  |
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easteagle13
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July 27, 2014, 08:56:48 AM |
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I know i don't have to, but will it cause problems if i do? Update went flawless btw No it wont. unless you intentionally use it to transfer(do transactions) after August 01,2014. |
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p4r4m0un7
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July 27, 2014, 02:19:30 PM
Last edit: July 27, 2014, 02:48:18 PM by p4r4m0un7 |
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Thank you! Fingers crossed, so everything goes smooth like every time until now. Changing the game is very difficult exercise. I will make sure that all pools are informed - DONE. After the fork I will make sure that scrypt is changed to X11 everywhere. |
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ptman
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July 27, 2014, 02:46:03 PM |
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Did you know this site? http://www.kiva.org/It is awesome. It allows giving loans to people in need around the world. |
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p4r4m0un7
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July 27, 2014, 02:51:14 PM |
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Dont be worried. We implement X11 and the other features exactly to prevent such an attack. Asic-proof is only a side effect. However, dear Karmenions. Please donate a bit to our charity. We are at 84% of our goal http://karmafund.me/  You must be mistaken.  As far as I can see you have reached the goal. Sure we can make a poll, but I think a price of 30 satoshi will be needed before we exchange the coins. Meanwhile we can continue acquiring donations. YES YOU ARE SO RIGHT WE REACHED THE GOAL (but this was after the post). Ok, we make a poll. Your post allready indicated two parameters: 1. wait until 30 sats 2. increase the goal and continue the fundraiser (although we need a Karma goal for it too) Please, everybody else is invited to state their parameters for this. It will all end up in the poll. I`ve stated before that I will not donate to causes anymore, but I like this one. |
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p4r4m0un7
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July 27, 2014, 02:54:18 PM |
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Reminder! There is 100 000 KARMA waiting for someone who is natural russian speaker. Only first page here is to be translated. If you are a russian fellow and you are interested, PM me or easteagle13. Дpyзья, нy пoмoгитe нaм. Not Russian, but Swedish translator here that has found a big interest in Karm.... Unfortunately we don't have Cyrillic letters Great! There is a Skandinavisk section in the forum and also as far as I know, Norway, Denmark and Sweden have mutually intelligible languages. So, please, when you have time, make the translation to swedish and then please pm easteagle13. 100 000 KARM will come to you. Thank you! I hope oneoff didn`t resigned with the swedish translation of OP. No news from him until now.  BTW: News section is missing. Is it by mistake or.. |
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altcoingood
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July 27, 2014, 03:31:43 PM |
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Should we take this opportunity and make our coin even better by promoting p2p pools only? anyone up to the task to create a p2p pool for x11 for us all to mine karma? karma.p2pool.altcoin.dk will switch to x11 on block 255k. i've already run tests on stratum. just waiting for block to come up. |
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cryptowho
Full Member
Offline
Activity: 182
Merit: 100
Ask me about Karmacoin
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July 27, 2014, 03:45:49 PM |
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Should we take this opportunity and make our coin even better by promoting p2p pools only? anyone up to the task to create a p2p pool for x11 for us all to mine karma? karma.p2pool.altcoin.dk will switch to x11 on block 255k. i've already run tests on stratum. just waiting for block to come up. thank you ACG. i secretly wanted you to lead the p2p pools so i am glad to hear your all ready ! |
looking for C++ coders , web-dev and coin-devs to join karmacoin team. We are trying to expand. we have so many goals. Challenge accepted? PM me.
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altcoingood
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July 27, 2014, 03:53:07 PM |
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Should we take this opportunity and make our coin even better by promoting p2p pools only? anyone up to the task to create a p2p pool for x11 for us all to mine karma? karma.p2pool.altcoin.dk will switch to x11 on block 255k. i've already run tests on stratum. just waiting for block to come up. thank you ACG. i secretly wanted you to lead the p2p pools so i am glad to hear your all ready ! this time around i will make sure to put the p2pool source on github so everyone can create their own pools that run on the same network. https://github.com/altcoingood/karmap2pool is the url but i have not uploaded the x11-version yet. |
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ptman
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July 27, 2014, 06:50:15 PM |
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Should we take this opportunity and make our coin even better by promoting p2p pools only? anyone up to the task to create a p2p pool for x11 for us all to mine karma? karma.p2pool.altcoin.dk will switch to x11 on block 255k. i've already run tests on stratum. just waiting for block to come up. thank you ACG. i secretly wanted you to lead the p2p pools so i am glad to hear your all ready ! this time around i will make sure to put the p2pool source on github so everyone can create their own pools that run on the same network. https://github.com/altcoingood/karmap2pool is the url but i have not uploaded the x11-version yet. Cool. Glad you took the initiative to do this. In that case I do not need to upgrade my pool to x11 in the near future. Please remove the my pool "pool.terahashers.com" from the Karma pool list. |
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Chargin
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July 27, 2014, 07:01:34 PM
Last edit: July 27, 2014, 07:32:27 PM by Chargin |
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I think we need to do more to make sure we will have enough miners when we transition to x11. By my estimates based on the block rewards we should be on 5 GH/s shortly after the change over based on today's Karma prices. That's roughly 5% of DRKs hashing power, the biggest x11 cryptocurrency. I haven't checked those numbers though, I could have easily made a mistake and be off by a factor of 2 to 1,000.  Have we told the mining profitability sites about the change? Have we made sure the exchanges are freezing deposits/withdrawals for a while before and after the change over? Do miners have all the information they need? Is now a good time to ask exchanges for things like changing KARM to KARMA (mintpal has 5 letter PANDA, why not Karma)? Is now a good time to ask exchanges to price Karma against BTC in sets of 1,000 instead of 1? Chargin. |
Vote to get Karma listed on this exchange: https://hitbtc.com/vote (sign up to get a vote for 10 points, vote once every 24 hrs) |
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Chargin
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July 27, 2014, 07:15:49 PM |
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To elaborate on the above re exchanges trading Karma against BTC in sets of 1000.
Exchanges: Price Karma in lots of 1,000 in Bitcoin
What does this mean?
Instead of Karma being put on the market as a single Karma it could be sold in sets of 1,000. This still means you can sell units of 0.00001 Karma, just not 0.00000001 Karma.
This is very distinct from decreasing the number of Karma via a hard fork although it has the same advantages and could be done around the same time without actually having to change the amount of Karma in existence.
The 0.00001 Karma (being the minimum tradable fraction) of Karma under the proposed change is worth approximately $0.0000000015USD at today’s market rates.
When I last checked there was an actual minimum limit on Mintpal for Karma sales of around 10,000 Karma however this may be based on price and could be there as a transaction spam / exchange fee avoidance countermeasure.
Basically instead of exchanges listing Karma for sale as follows:
Amount: 0.00000000 (limit 8 decimal places)
Price per Karm: 0.00000000 (limit 8 decimal places)
Total: 0.00000000 (limit 8 decimal places)
It would be:
Amount: 0.00000 (limit 5 decimal places)
Price per 1,000 Karma: 0.00000000 (limit 8 decimal places)
Total: 0.00000000 (limit 8 decimal places)
Under sell orders/buy orders this would change from:
Price (BTC) / Karm / BTC
To:
Price per 1,000 Karma (BTC) / Karma / BTC
The amount of Karma displayed in accounts should be kept the same.
Why the change?
As at the time of writing this 1 Karma is selling for 0.00000002 to 0.00000003 Bitcoins. The smallest fraction of a Bitcoin is called a Satoshi. Karma is trading at 2 to 3 Satoshi. This means theoretically, on the spread, you can either sell your Karma then rebuy 50% more or you can buy Karma and then sell it for 50% more or similar. This will occur no matter the price of Karma, just as the price goes up the margins will get slimmer as the market becomes more granular, ie the difference between prices is less. Even at 40 to 41 Satoshi there is a margin of 2.5%, roughly 10 times more than the exchanges themselves take.
This isn’t healthy for the market. The only way these orders can work is if the price is stable enough for you to both complete your sell order and your rebuy order.
This encourages people to attempt to lock in Karma between a certain price range and also encourages the creation of wall. This is because some people may be putting up a sale expecting that they can then rebuy at a fraction of the price, which may even be on alternate market, for example a Litecoin market.
When price movement is hampered there is less volume in the markets and less interest in Karma.
Benefits of change, buyers/sellers:
Can buy or sell higher at market rates without having to either “wait in line” or sell at far less than it would cost to buy or vice versa.
Benefits of change for exchanges:
More market activity caused by the change means more turn over and more exchange fees.
As one of the first adopters, your exchange will both have Karma for sale at cheaper rates and people will be able to sell Karma for more. This will increase volume on your market for people that want to trade at market rates and not have to wait “in line” for their trade to be executed a decent price.
Implementing the change may be subsidised by the Karma community.
Limitations to current countermeasures to the problem:
Under the current system alternate markets (primarily Litecoin) are being used to trade Karma at a more granular rate while the price is being locked in on the Bitcoin market.
However, this is considered by many to be an inconvenience and still only offers limited protection against sell and buy walls that form on the Bitcoin market.
Suggested implementation for exchanges:
1. Make the relevant notices to customers;
2. Suspend trading on the Karma/BTC market;
3. Back up data;
4. Make the relevant changes to the displays on the market order page;
5. Cancel all orders on the market;
6. Make changes to the order database if required; and
7. Put the buy/sell orders back onto the market to 5 decimal places instead of 8. This should result in a very small decrease to buy/sell orders on the market.
Other solutions:
Mintpal is the only major exchange for Karma that would have trouble implementing this because they have already opened the Bitcoin/Karma market. New exchanges (or exchanges without Karma markets) could implement this system without having to worry about current orders.
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Vote to get Karma listed on this exchange: https://hitbtc.com/vote (sign up to get a vote for 10 points, vote once every 24 hrs) |
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p4r4m0un7
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July 27, 2014, 09:29:44 PM |
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I don`t understand why the exchanges will agree to do this.
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Evolvo
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July 27, 2014, 10:28:00 PM |
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I think this is a bad idea.
Keep building value for Karma..and the price will adjust accordingly. All these shenanigans to try to affect short term price are counterproductive.
peace
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oneoff
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July 28, 2014, 03:34:54 AM |
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Reminder! There is 100 000 KARMA waiting for someone who is natural russian speaker. Only first page here is to be translated. If you are a russian fellow and you are interested, PM me or easteagle13. Дpyзья, нy пoмoгитe нaм. Not Russian, but Swedish translator here that has found a big interest in Karm.... Unfortunately we don't have Cyrillic letters Great! There is a Skandinavisk section in the forum and also as far as I know, Norway, Denmark and Sweden have mutually intelligible languages. So, please, when you have time, make the translation to swedish and then please pm easteagle13. 100 000 KARM will come to you. Thank you! I hope oneoff didn`t resigned with the swedish translation of OP. No news from him until now. BTW: News section is missing. Is it by mistake or.. Ops, I have missed the replay. Sorry p4r4m0un7 I'll post a message to easteagle13. It's quite right that the Scandinavian languages are quite similar. Some grammar and words differ, but it is possible for a Danish and Norwegian to read/understand Swedish. Some travel agencies use a "Scandinavic language" which is a mix of these tree languages. But this is nothing I have practiced. |
Maybe I should code a Tipping bot, instead of these well-known DDos bots. I would tip your Wallets until these were overloaded.
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bitwho
Legendary
Offline
Activity: 1274
Merit: 1000
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July 28, 2014, 04:36:40 AM |
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249k block out of 255k blocks until x-11 fork.
i cant wait.
so excited
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easteagle13
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July 28, 2014, 06:22:04 AM |
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To those who sent messages to exchanges and pools kindly update us here with your list. We should not leave this to chance that we "thought" all exchanges and pools were notified. Thank you very much.
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