[ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!

[Djinou94]

Yep WTB some Slim

[sp00lin9]

Yes !!!! Got my first block !!!!

Congradulation

   I was just a bit worry about my conf, after 1 hour.....

Pff im going on 4 hours now with absolutely nothing /:

[primer-]

Interesting, PoW block reward is random. last block 18.89, previous block 14.89

[glop]

   If anybody has return on burning, share !!!

[glop]

Interesting, PoW block reward is random. last block 18.89, previous block 14.89

   Depend of the global hash power of the network

[gizz_]

how can i mine this coin on debian6 ?

[georgeandy]

Can't sync
and how to mining?

[glop]

how can i mine this coin on debian6 ?

  just compile the source

[Quirlorimbo]

Can't sync
and how to mining?

addnode, have a look @ openpost

after that: "setgenerate true"

[slimcoin]

There is a detailed explanation completely explaining how PoB works at the official whitepaper here: https://slimcoin.org/images/downloads/slimcoin_whitepaper.pdf

Interesting, PoW block reward is random. last block 18.89, previous block 14.89

No, the block reward is not random, it is determined by the difficulty. That sudden of a drop means the difficulty had increased. The more the diff increases, the less the PoW blocks are worth.

And, to answer a previous question, PoB blocks do use a target hash method of determining a valid hash.

[gizz_]

how can i mine this coin on debian6 ?

  just compile the source

ok i try this, thx

[qiuxiang]

There is a detailed explanation completely explaining how PoB works at the official whitepaper here: https://slimcoin.org/images/downloads/slimcoin_whitepaper.pdf

Interesting, PoW block reward is random. last block 18.89, previous block 14.89

No, the block reward is not random, it is determined by the difficulty. That sudden of a drop means the difficulty had increased. The more the diff increases, the less the PoW blocks are worth.

And, to answer a previous question, PoB blocks do use a target hash method of determining a valid hash.

can you provide a equation

block_reward=f(diff)?

[BitcoinFX]

There is a detailed explanation completely explaining how PoB works at the official whitepaper here: https://slimcoin.org/images/downloads/slimcoin_whitepaper.pdf

Interesting, PoW block reward is random. last block 18.89, previous block 14.89

No, the block reward is not random, it is determined by the difficulty. That sudden of a drop means the difficulty had increased. The more the diff increases, the less the PoW blocks are worth.

And, to answer a previous question, PoB blocks do use a target hash method of determining a valid hash.

Will be reading the white paper in detail - slimcoin.

How about PoB, if 1 SLM is burnt what is the output / variable based on ?

[Givatoshi_Moremoto]

  If anybody has return on burning, share !!!

no ones burning anything yet, mined coins need 520 confirmations, which means no one can burn/sell any coins until we're at 520 blocks at least. we're at 179 blocks now.

[glop]

how can i mine this coin on debian6 ?

  just compile the source

ok i try this, thx

 git clone https://github.com/slimcoin/slimcoin

 go to /src   make -f makefile.unix   for the headless version

 go to /  qmake   and make for the X wallet version

[DarshUX]

I like "BurnCoin" has a buzz to it.

Also, can someone walk us through how to start mining.  I'm running a linux box and the code won't compile. Gives me this error when I try to untar the executable.

Code:

tar zxf slimcoin-linux.tar.gz

Code:

gzip: stdin: not in gzip format
tar: Child returned status 1
tar: Error is not recoverable: exiting now

[slimcoin]

Formula for PoW reward:

Subsidy = (the max mint reward) / (the forth root of the difficulty)

[BitcoinFX]

P.O.B. https://www.youtube.com/watch?v=3dqxZo_myyA  

[georgeandy]

I've been mining for 30 min and 0 coins. I'm mining using the qt windows wallet. Or how should I do it?

can you tell me how you mine using qt windows wallet ??

"help" -> "debug window" -> "console" -> "setgenerate true"

"getmininginfo" for information

thanks

so just type 'setgenerate true' in "console"  and it will start mining?

[primer-]

Formula for PoW reward:

Subsidy = (the max mint reward) / (the forth root of the difficulty)

Someone translate into English...