[ANN][MRO] Monero - an anonymous coin based on CryptoNote technology

[knightcoin]

how can I write msg on block if I find one ?

[mickey_miner]

Coin launched on Fri, 18 Apr 2014


print_block 1
block_id: <771fbcd656ec1464d3a02ead5e18644030007a0fc664c0a964d30922821a8148>
{
  "major_version": 1,
  "minor_version": 0,
  "timestamp": 1397818193,
  "prev_id": "418015bb9ae982a1975da7d79277c2705727a56894ba0fb246adaabb1f4632e3",
  "nonce": 813497413,
  "miner_tx": {
    "version": 1,
    "unlock_time": 61,
    "vin": [ {
        "gen": {
          "height": 1

http://www.epochconverter.com/
Convert epoch to human readable date and vice versa

  e  [batch convert timestamps to human dates]

timestamp": 1397818193
GMT: Fri, 18 Apr 2014 10:49:53 GMT
Your time zone: 4/18/2014 3:49:53 AM GMT-7

[x0rcist]

Coin launched on Fri, 18 Apr 2014


print_block 1
block_id: <771fbcd656ec1464d3a02ead5e18644030007a0fc664c0a964d30922821a8148>
{
  "major_version": 1,
  "minor_version": 0,
  "timestamp": 1397818193,
  "prev_id": "418015bb9ae982a1975da7d79277c2705727a56894ba0fb246adaabb1f4632e3",
  "nonce": 813497413,
  "miner_tx": {
    "version": 1,
    "unlock_time": 61,
    "vin": [ {
        "gen": {
          "height": 1

http://www.epochconverter.com/
Convert epoch to human readable date and vice versa

  e  [batch convert timestamps to human dates]

timestamp": 1397818193
GMT: Fri, 18 Apr 2014 10:49:53 GMT
Your time zone: 4/18/2014 3:49:53 AM GMT-7

Correct! It's just something cosmetic because of changed block time (from 120 to 60)

[jasemoney]

Der the chain is going at 2x what was expected so the daemon while syncing sees a height of 9500+ and thinks its been 2 weeks not 7 days.  feel free once your synced to check the unix times like everyone placed in here and quit being Elmer Fudd.

[uvt9]

We have around 10000 blocks mined now, if 1 block each minute then release date at 6 days ago make sense. I just dont understand how daemon make log like that. Lead dev should take a look into this problem.

[uvt9]

Is there any way to see current hash rate of whole network. I tested on my laptop it show i have 0.5 - 0.6 (Hash/s or KHash/s ?). I guess i can't be a miner 

[eizh]

Is there any way to see current hash rate of whole network. I tested on my laptop it show i have 0.5 - 0.6 (Hash/s or KHash/s ?). I guess i can't be a miner 

Divide the difficulty by 60 to get network hashrate. It's H/s not kH/s (this algo is tough on computers). It also ramps up over a few minutes so you might go higher.

[David Latapie]

FYI, I am at 3,5 with a Mintbox 2 passive nettop.

[smooth]

I'm ready to develop new fork that will suit us all.
Waiting for your thoughts there: https://bitcointalk.org/index.php?topic=582746

There is no need for new fork.  Issues can be resolved.  I go with what majority wants. Give up coins, keep coins, whatever.  Time to move coin towards future and be very strong.

Sometimes there is a need, and premining or allegations thereof are a good reason to leave the stigma behind with a fresh start. This coin is a fork of bytecoin for exactly that reason. I'm still hopeful we can fix this one though.

[knightcoin]

I'm ready to develop new fork that will suit us all.
Waiting for your thoughts there: https://bitcointalk.org/index.php?topic=582746

There is no need for new fork.  Issues can be resolved.  I go with what majority wants. Give up coins, keep coins, whatever.  Time to move coin towards future and be very strong.

Sometimes there is a need, and premining or allegations thereof are a good reason to leave the stigma behind with a fresh start. This coin is a fork of bytecoin for exactly that reason. I'm still hopeful we can fix this one though.

I agree, it's like fall in love for your high-pair hand on preflop ... but as poker sometimes teaches, we need to wait to see the flop, and see how the game unfold ...

[cryptowho]

been mining for hrs with 4h and on other comp at 2h.... nothing found. yet 150k coins out out already. well that was yesterday. more now that more blocks are found...

whats the point to keep mining this. if i will find 15 coins in 24 hrs while others have in tens of thousands. This was suppose to be a fork of bytecoin to fix their problems...

but if i cant mine this. few days from lunch , how will this be appealing later?

also there must be an enhances miner or a private mining pool mining this. there no way 150k coin are mined in 5 days but i can't mine any with 2-4 H

[smooth]

But I'm ok about emission change in case majority will agree. I'm just against existing balance changes. Not because of my personal balance (in case we will change emission I will send 50% of my balance for giveaway) but because other people balances aren't to be changed without their own decisions.

If you cut the rewards in half then the value of existing coins double. This is exactly the same as early adopters voting to grant themselves matching free coins, which close to the definition of a premine. You recognize this and that's why you are volunteering to donate 50% of your coins. I volunteered to do something similar during the meeting (there is a log somewhere so this can be verified). But a voluntary system like that won't work because there will likely be greedy short-sighted people who don't do it.

If we have a public donation process and we get virtually all the early adopter coins donated this way, then it could work. But if not then this will not work.

Emission formula can be changed the way that will not result in immediate halving block reward but still will change curve slope. This way previous coins will not be considered as instamine and curve will be much better. Actually the effect of such a change will be that block reward descrease speed will be a bit faster.  Is this a solution?

Sounds plausible, but I'm not sure. You still may end up with a lot of coins going to early adopters. If you don't cut the rewards quickly and significantly, then its more and more coins continuing to go to early adopters, making the problem worse. We considered increasing the cap as a solution, but that means exceeding the size of uint64 for atomic units. That seemed like a mess.

There are certainly all types of curves though. We can consider alternatives.

Can you post alternatives you consider plausible here?

Here's one idea on fixing the emissions without adjusting coin balances.  

We temporarily reduce the emission rate to half of the new target for as long as it takes for the total emission from 0 to match the new curve. Thus there will be a temporary period when mining is very slow, and during that period there was a premine.

But once that period is compete, from the perspective of new adopters, there was no premine -- the total amount of coins emitted is exactly what the slow curve says it should be (and the average rate since genesis is almost the same as the rate at which they are mining, for the first year or so at least).

This means the mining rewards will be very low for a while (if done now then roughly two weeks), and may not attract many new miners. However, I think there enough of us early adopters (and even some new adopters who are willing to make a temporary sacrifice) who want to see this coin succeed to carry it through this period.

The sooner this is done the shorter the catch up period needs to be.

[cryptowho]

For the record I approve of the voting process.

I do not approve of merged mining. It hurts this coin more than it helps it. With what we have done here we can easily build the largest and most secure network using the cryptonote design. We're well on our way to doing that already.

We should just go our own way, and leave bytecoin and its ninja-preminers to do the same.

That is my view.  

You can always make your own fork if you do not agree with developer's position

did you just tell him to go fork himself? 

[jasemoney]

been mining for hrs with 4h and on other comp at 2h.... nothing found. yet 150k coins out out already. well that was yesterday. more now that more blocks are found...

whats the point to keep mining this. if i will find 15 coins in 24 hrs while others have in tens of thousands. This was suppose to be a fork of bytecoin to fix their problems...

but if i cant mine this. few days from lunch , how will this be appealing later?

also there must be an enhances miner or a private mining pool mining this. there no way 150k coin are mined in 5 days but i can't mine any with 2-4 H

Theres a lot of miners. its not like there are only a handful of miners.. I went all weekend and didn't find a block on hashrate 11.xx.  You people are going nuts over some of this stuff.  Its like a scrypt release if your GPU mining solo and there is high demand guess what, you don't get blocks!  Happens to me all the time.  Luckily with this it can be mined in the background and even a low hashrate should net a few blocks by the end of the week

[knightcoin]

been mining for hrs with 4h and on other comp at 2h.... nothing found. yet 150k coins out out already. well that was yesterday. more now that more blocks are found...

whats the point to keep mining this. if i will find 15 coins in 24 hrs while others have in tens of thousands. This was suppose to be a fork of bytecoin to fix their problems...

but if i cant mine this. few days from lunch , how will this be appealing later?

also there must be an enhances miner or a private mining pool mining this. there no way 150k coin are mined in 5 days but i can't mine any with 2-4 H

Theres a lot of miners. its not like there are only a handful of miners.. I went all weekend and didn't find a block on hashrate 11.xx.  You people are going nuts over some of this stuff.  Its like a scrypt release if your GPU mining solo and there is high demand guess what, you don't get blocks!  Happens to me all the time.  Luckily with this it can be mined in the background and even a low hashrate should net a few blocks by the end of the week

1word

diff

[smooth]

Theres a lot of miners. its not like there are only a handful of miners.. I went all weekend and didn't find a block on hashrate 11.xx.  You people are going nuts over some of this stuff.  Its like a scrypt release if your GPU mining solo and there is high demand guess what, you don't get blocks!  Happens to me all the time.  Luckily with this it can be mined in the background and even a low hashrate should net a few blocks by the end of the week

If you went all weekend at 11 and didn't find a block you either got VERY unlucky or something is wrong with your setup. You should get a few block per day at that rate.

[cryptowho]

been mining for hrs with 4h and on other comp at 2h.... nothing found. yet 150k coins out out already. well that was yesterday. more now that more blocks are found...

whats the point to keep mining this. if i will find 15 coins in 24 hrs while others have in tens of thousands. This was suppose to be a fork of bytecoin to fix their problems...

but if i cant mine this. few days from lunch , how will this be appealing later?

also there must be an enhances miner or a private mining pool mining this. there no way 150k coin are mined in 5 days but i can't mine any with 2-4 H

Theres a lot of miners. its not like there are only a handful of miners.. I went all weekend and didn't find a block on hashrate 11.xx.  You people are going nuts over some of this stuff.  Its like a scrypt release if your GPU mining solo and there is high demand guess what, you don't get blocks!  Happens to me all the time.  Luckily with this it can be mined in the background and even a low hashrate should net a few blocks by the end of the week

its not about me not mining a block. its about being 5 days late and not mining anything. its about me having a normal computer chip with 6 threads and not being able to mine anything 5 day later. while few people own 150k+ coins already.

this coin was forket because it was too late to mine Byte coin and %80 already were mined in bytecoin. this coin was forket to give people a new chance to use cryptonotes. it was suppose to be fair.

Well guess what, it is not.

disclaimer: i currently own 0 bytecoin, have not tried to mine byte coin due to all the coins being mined already.

[David Latapie]

its not about me not mining a block. its about being 5 days late and not mining anything. its about me having a normal computer chip with 6 threads and not being able to mine anything 5 day later. while few people own 150k+ coins already.

this coin was forket because it was too late to mine Byte coin and %80 already were mined in bytecoin. this coin was forket to give people a new chance to use cryptonotes. it was suppose to be fair.

Well guess what, it is not.

disclaimer: i currently own 0 bytecoin, have not tried to mine byte coin due to all the coins being mined already.

You are not the first one to tell us this. This is very strange. I have a low-end computer and I get a block around once a day. Granted, it mines 24/7 and I mined from day one. I also remember that on the first day I did not get anything, but I was mining with only one thread.

I don't know what to tell you, really apart from the fact that you are not the only. I guess you enter "refresh" on the wallet, right?

[cryptowho]

yup constantly.

could it be that a private pool is mining the blocks ? there is minergate pool for bytecoin.

Could the old miner of bytecoin have found this and probable using more enhanced miners to mine this?

i dont get it. at average 400 cpus in 5 day. with an average of 15 H for 5 days thats like 30,000 coins a day, 20k with an average of 10H...


who mined this coins?

[Spoetnik]

why in gods name are you posting ANN topics in main ?

there is no conceivable way in hell you didn't know better.

if you do this ? i'm out .