[ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield

[jy02434480]

boss looks cool, hope it's real, best wishes

[Timeline]

niice.. I'm trying to login at agx, but I get error message when trying to change my password. Anyone else had this problem?

please read the error carefully - you need upper & lower case letter, special character and at least one digit

I mean other kind of error, like server side one. I know the new password rules.

"Error
Sorry, an error has occured. We've logged the details and sent it to our technical staff."

I've sent message to support, but it's getting frustrating.

I get this too

[Andremoliv]

niice.. I'm trying to login at agx, but I get error message when trying to change my password. Anyone else had this problem?

please read the error carefully - you need upper & lower case letter, special character and at least one digit

I mean other kind of error, like server side one. I know the new password rules.

"Error
Sorry, an error has occured. We've logged the details and sent it to our technical staff."

I've sent message to support, but it's getting frustrating.

I get this too

I'm getting too

[jjj0923]

the payouts have gotten so bad I'm taking 22 of my mhs and trying solo today.

block sizes are 168 and we will see what happens.

but pools only report block sizes of 158.1 - where do the rest of the coins go out of the block on the pools?

[xploited]

the payouts have gotten so bad I'm taking 22 of my mhs and trying solo today.

block sizes are 168 and we will see what happens.

but pools only report block sizes of 158.1 - where do the rest of the coins go out of the block on the pools?

The block reward was never 168. 

Block 49, the last block of the premine the reward was 3236.

Block 50 the reward went to 159.39  (http://explorer.nautiluscoin.com/block/98c4bf0592d7413ff4ec9c2d61bf3b95ef8495e955764af1ac5169a63e28b328) 

Currently the reward is 157.7961.

[jjj0923]

the payouts have gotten so bad I'm taking 22 of my mhs and trying solo today.

block sizes are 168 and we will see what happens.

but pools only report block sizes of 158.1 - where do the rest of the coins go out of the block on the pools?

The block reward was never 168. 

Block 49, the last block of the premine the reward was 3236.

Block 50 the reward went to 159.39  (http://explorer.nautiluscoin.com/block/98c4bf0592d7413ff4ec9c2d61bf3b95ef8495e955764af1ac5169a63e28b328) 

Currently the reward is 157.7961.

thanks

[Berric]

the payouts have gotten so bad I'm taking 22 of my mhs and trying solo today.

block sizes are 168 and we will see what happens.

but pools only report block sizes of 158.1 - where do the rest of the coins go out of the block on the pools?

According to the OP, blocksize will reduce 1% weekly. so 159.39 * 99%, now it's 157.7961.

[Berric]

Let's join hashrate together to combat multipools. The multipool will take away blocks from low hashrate pools. Because they have much more hashrate than normal pool. In the case of huge hashrate gaps between multipool and lowhashrate pool, Digishield can't solve it. So we hope to merge more hashrates to the biggest naut pool http://naut.0feepool.com to combat multipools. If we scatter hashrate to several pools, No one can stop them find blocks and dump coins. It's a terrible result. You will get payback less and less in low hashrate pools.

[SteadyAsSheGoes]

Let's join hashrate together to combat multipools. The multipool will take away blocks from low hashrate pools. Because they have much more hashrate than normal pool. In the case of huge hashrate gaps between multipool and lowhashrate pool, Digishield can't solve it. So we hope to merge more hashrates to the biggest naut pool http://naut.0feepool.com to combat multipools. If we scatter hashrate to several pools, No one can stop them find blocks and dump coins. It's a terrible result. You will get payback less and less in low hashrate pools.

That doesn't make any sense at all. It really doesn't matter which pool you use, if the point is to combat multipools. Whether you spread out 100MH over many small pools, or put it in 1 big pool, the result is the same: you add 100MH to the network. It's completely irrelevant whether that hashrate comes from your pool or some other pool.

[dstorm]

naut.altmine.net p2pool

* Dedicated servers in Europe with 1 Gbit/s connection and DDoS protection.
* No user account required.
* Instant payouts when blocks are found.
* 1% fee.

p2pool sourcecode is available at https://bitbucket.org/dstorm/p2pool-naut

[jjj0923]

the coin continues to get dumped and tank big time value wise...

so much for the so called "stabilization fund" LOL

another Black Coin debacle.

[jjj0923]

in a promising sign or ominous sign the difficulty did drop in the 50's and 60's - perhaps the multi pool are abandoning their mining due to the decline in value.

but then jump right back up to 163 and back down to 108....

[Andremoliv]

I still have most of my selling only what I need for mining, I hope do not regret it ..:-P

This coin has surprised me and make some people angry...

..because of that worth it ..: D

[the_game1224]

the coin continues to get dumped and tank big time value wise...

so much for the so called "stabilization fund" LOL

another Black Coin debacle.

Been watching the buy/sell orders for the past 30minutes.  I believe it is about to spike up again, not sure how high or for how long though.

[jjj0923]

the coin continues to get dumped and tank big time value wise...

so much for the so called "stabilization fund" LOL

another Black Coin debacle.

Been watching the buy/sell orders for the past 30minutes.  I believe it is about to spike up again, not sure how high or for how long though.

I disagree - there's too much sell volume at low prices...

[SteadyAsSheGoes]

the coin continues to get dumped and tank big time value wise...

so much for the so called "stabilization fund" LOL

another Black Coin debacle.

Sounds like you don't exactly have a realistic expectation. It's not like a stabilization fund keeps the price up regardless of how high it goes.

[hxmsam]

 ;DWhen is added to coinmarketcap.com?

[jjj0923]

the coin continues to get dumped and tank big time value wise...

so much for the so called "stabilization fund" LOL

another Black Coin debacle.

Sounds like you don't exactly have a realistic expectation. It's not like a stabilization fund keeps the price up regardless of how high it goes.

how would you define a stabilization fund?

I'm just going off how it was defined originally.

Nautiluscoin Stabilization Fund:
 
Trading and Stabilization Operations

One percent of Nautiluscoin was pre-mined and partially used to establish the Nautilus Stabilization Fund (NSF). All proceeds from sales of the pre-mined coins allocated to the NSF will be used to place buy orders for Nautiluscoin. The NSF will actively make a market in Nautiluscoin to ensure a stable growth pattern. The goal of the NSF is to reduce price volatility while providing steady price appreciation. By allowing for price appreciation, the NSF will combat the effects of inflation on purchasing power.

so - how much of the premine has been used to stabilize the coin - doesn't look like a single coin if you ask me based on the volatility it professes to combat. 

[Berric]

Let's join hashrate together to combat multipools. The multipool will take away blocks from low hashrate pools. Because they have much more hashrate than normal pool. In the case of huge hashrate gaps between multipool and lowhashrate pool, Digishield can't solve it. So we hope to merge more hashrates to the biggest naut pool http://naut.0feepool.com to combat multipools. If we scatter hashrate to several pools, No one can stop them find blocks and dump coins. It's a terrible result. You will get payback less and less in low hashrate pools.

That doesn't make any sense at all. It really doesn't matter which pool you use, if the point is to combat multipools. Whether you spread out 100MH over many small pools, or put it in 1 big pool, the result is the same: you add 100MH to the network. It's completely irrelevant whether that hashrate comes from your pool or some other pool.

Actually, it's a struggle among pools. The pool has higher hashrate will find more blocks. It totally base on the hashrate rather than "lucky", That's the reason why most pools become hardly to find blocks after multipools rush in. They have the higher proportion of whole network hashrate. If you suspect that, you can have a try to solo mining with 50MH/s hashrate, you will almost can't get any coins even through the day.

[Kleinsw]

Yes this is certainly a good idea. I'd like to make sure it does not have

virus before running it...