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

[BitcoinFX]

I did just hit a PoB Mined block for 60.96 SLM on the wallet with the screen shots that I've posted earlier.

Was burning through the remaining balance with 8 SLM left in balance, so I'm UP when it confirms !

[primer-]

I did just hit a PoB Mined block for 60.96 SLM on the wallet with the screen shots that I've posted earlier.

Was burning through the remaining balance with 8 SLM left in balance, so I'm UP when it confirms !

When did you burn the coin, at the previous block or earlier ? What i am trying to figure  out is if i will be getting anything more of the 100 coins i have burnt so far

[JohnDorien]

I just got "-0.01" "mint by burn"... what the ** is that?

[primer-]

I just got "-0.01" "mint by burn"... what the ** is that?

A bug

[BitcoinFX]

I did just hit a PoB Mined block for 60.96 SLM on the wallet with the screen shots that I've posted earlier.

Was burning through the remaining balance with 8 SLM left in balance, so I'm UP when it confirms !

When did you burn the coin, at the previous block or earlier ? What i am trying to figure  out is if i will be getting anything more of the 100 coins i have burnt so far

Indeed. I'm not 100% sure on that. Trying to the match transactions with 'burnt' coins etc.

We could use a block explorer ~ looking though the code too.

[primer-]

Whitepaper - Because of this concept, it can be said that “burnt coins are mining rigs”, the main difference being the hardware demands.

Such bullshit.

[BitcoinFX]

[
{
"account" : "",
"address" : "SfSLMCoinMainNetworkBurnAddr1DeTK5",
"category" : "send",
"amount" : -1.00000000,
"fee" : -0.01000000,
"confirmations" : 41,
"blockhash" : "00000023b405c750cb9794e3d42ad33ea49156fd418954dfb8537003179d586a",
"blockindex" : 1,
"txid" : "862b85f9643d7356253ec7e84716830886bb5993506bf8e522c8205e2c3ff1bd",
"time" : 1401367013
},
{
"account" : "",
"address" : "SfSLMCoinMainNetworkBurnAddr1DeTK5",
"category" : "send",
"amount" : -1.00000000,
"fee" : -0.01000000,
"confirmations" : 37,
"blockhash" : "0000000ca75d69ae5493b819ae7dbc26a0db07f668b977d88d76b999052dd053",
"blockindex" : 3,
"txid" : "72331558933443cceb663d7b5757233de39da9a9c04c364c1abbaac3d1e96a1f",
"time" : 1401367124
},
{
"account" : "",
"address" : "SfSLMCoinMainNetworkBurnAddr1DeTK5",
"category" : "send",
"amount" : -1.00000000,
"fee" : -0.01000000,
"confirmations" : 35,
"blockhash" : "00000013c24f55917246725c13c806326bbd7d43d36d57e73a0485da7f1645dd",
"blockindex" : 1,
"txid" : "f3c32d4fa0410a08d1fca1ccc8c93a62ba847ea22ef572a527db9314466871bb",
"time" : 1401367344
},
{
"account" : "",
"address" : "SfSLMCoinMainNetworkBurnAddr1DeTK5",
"category" : "send",
"amount" : -1.00000000,
"fee" : -0.01000000,
"confirmations" : 31,
"blockhash" : "0000001c54784379ef89ef27363dcf055d72c487bc90ca8be4d08b505de4acc3",
"blockindex" : 2,
"txid" : "7111d388f0feeaf83d1aaca6380dbfd03a72897c6feb6215d26ea495707db24a",
"time" : 1401367967
},
{
"account" : "",
"address" : "SfSLMCoinMainNetworkBurnAddr1DeTK5",
"category" : "send",
"amount" : -1.00000000,
"fee" : -0.01000000,
"confirmations" : 31,
"blockhash" : "0000001c54784379ef89ef27363dcf055d72c487bc90ca8be4d08b505de4acc3",
"blockindex" : 3,
"txid" : "0b9f7b0cb14055758619f3ecc3a96b986c429a07907907b18aec39deea6adebf",
"time" : 1401368241,
"comment" : "",
"from" : "",
"message" : "",
"to" : ""
},
{
"account" : "",
"address" : "SfSLMCoinMainNetworkBurnAddr1DeTK5",
"category" : "send",
"amount" : -1.00000000,
"fee" : -0.01000000,
"confirmations" : 20,
"blockhash" : "0000001ba434b948aa304b76475252655e05966ecf0e6a98ea17468d72aa2988",
"blockindex" : 1,
"txid" : "81c0622bbf0ea3ce3a4f05063bf2206532fd9685a17e4c23a0070862f3046d27",
"time" : 1401369280
},
{
"account" : "",
"address" : "SfSLMCoinMainNetworkBurnAddr1DeTK5",
"category" : "send",
"amount" : -1.00000000,
"fee" : -0.01000000,
"confirmations" : 18,
"blockhash" : "00000022dbedd2259df017c14554b7fd757d2cdbd24529abd393eb8ac10ef960",
"blockindex" : 1,
"txid" : "b14a1a0ecbf963ffdbf3abca110b38f059de9a65f1268be57a2efe0eb726f3ce",
"time" : 1401369466
},
{
"account" : "",
"category" : "immature",
"amount" : 60.96000000,
"confirmations" : 16,
"blockhash" : "42ba4bce7c902998c40b0581d0aeea4d68862bf68e8c44489da3db819fa8505a",
"blockindex" : 0,
"txid" : "17fa0cc0697a3c19102510ccc8f82326295509abc8b3c31fc54da19dfcace03a",
"time" : 1401369681
},
{
"account" : "",
"address" : "SfSLMCoinMainNetworkBurnAddr1DeTK5",
"category" : "send",
"amount" : -1.00000000,
"fee" : -0.01000000,
"confirmations" : 4,
"blockhash" : "00000025436e2519f9a92d77d726ee189dae6e8d0667e3b825d3ffcfe66dd587",
"blockindex" : 3,
"txid" : "4eecf3241b0a29affb2b411d5696f74aa6e9ec66d3ba73193b148a569e789a49",
"time" : 1401370556
},
{
"account" : "",
"address" : "SfSLMCoinMainNetworkBurnAddr1DeTK5",
"category" : "send",
"amount" : -1.00000000,
"fee" : -0.01000000,
"confirmations" : 2,
"blockhash" : "000000014f3aae1c15f4d67f6f54b66f953fe7f691af25093c2d0b032a30a9ee",
"blockindex" : 3,
"txid" : "b569f8b4781e07c7b74e201b5dbfd260f2452aa10a17ee9422a5b78bf64948de",
"time" : 1401370689
}
]

[Djinou94]

What is the command to know if i find block?

[reflector]

What is the command to know if i find block?

getinfo  or listtransactions

[primer-]

Windows QT client is so buggy, getting 0 balance while linux wallet shows correct XX balance.

[primer-]

Anyway, i am out untill the dev explains the concept better. So far, most likely, someone is profiting on PoB difficulty, most probably the dev.

Burned over 100 coins, got 68 in return.

[sp00lin9]

..Still doesn't syncing. Could you copy the exact values of conf file

rpcuser=user
rpcpassword=pass
rpcport=33700
rpcallowip=192.168.0.*
addnode=76.127.202.17
addnode=96.237.174.192
server=1
listen=1

its rpcpass not rpcpassword.

You're wrong. It's rpcpassword.

Is that why my wallet is synced & mining without error?

[CryptoHobo]

..Still doesn't syncing. Could you copy the exact values of conf file

rpcuser=user
rpcpassword=pass
rpcport=33700
rpcallowip=192.168.0.*
addnode=76.127.202.17
addnode=96.237.174.192
server=1
listen=1

its rpcpass not rpcpassword.

You're wrong. It's rpcpassword.

Is that why my wallet is synced & mining without error?

Usually use rpcpass but my linux box wouldnt run slimcoind with rpcpass only rpcpassword. My other windows pc only has the addnode lines and that syncs too. I wanna finish work to see if i got anymore blocks and try to burn. Roll on 830

[Djinou94]

What is the command to know if i find block?

getinfo  or listtransactions

thank you

[primer-]

And no, PoW is not luck based, not any more than on other coins, the more hash power you got the more of a chance to hit a block.]And no, PoW is not luck based, not any more than on other coins, the more hash power you got the more of a chance to hit a block.

PoB is the same deal, the more coins you burn the more chance you have to hit a block. PoB and PoW are very similar.

How is this probability calculated ? What stops someone burning 50 coins per block thus gaining 99% probability of hitting a PoB block ?

[SyRenity]

I did just hit a PoB Mined block for 60.96 SLM on the wallet with the screen shots that I've posted earlier.

Was burning through the remaining balance with 8 SLM left in balance, so I'm UP when it confirms !

What the burning strategy? Any difference between burning all immediately, or in portions?

[primer-]

I did just hit a PoB Mined block for 60.96 SLM on the wallet with the screen shots that I've posted earlier.

Was burning through the remaining balance with 8 SLM left in balance, so I'm UP when it confirms !

What the burning strategy? Any difference between burning all immediately, or in portions?

Burn all immediately and your coins are gone forever PoB is damn stupid. You need to burn per PoW block. The more you burn the better chance of hitting a PoB. Burn 40 and you get a PoB block of 50 for sure

[glop]

Example POB:


CPUMiner : proof-of-burn block found 1398ebb0d12aa1c9dab41b3f3439e4a3e9feb3e210a1f931e34601e81e01eaee

SlimCoinMiner:
New Proof-of-Burn block found

 Block hash: 1398ebb0d12aa1c9dab41b3f3439e4a3e9feb3e210a1f931e34601e81e01eaee
  Burn hash: 0000006f8711e95721ef7f8c16bbf97b908149ab3795f6f7269e98d1c762eb00
Burn Target: 0000007e54500000000000000000000000000000000000000000000000000000
     Target: 00000026e9050000000000000000000000000000000000000000000000000000

CBlock(hash=1398ebb0d12aa1c9dab4, ver=1, hashPrevBlock=00000012881e41fb9744, hashMerkleRoot=9707306274, nTime=1401375310, nBits=1d26e905, nNonce=0, vtx=1, vchBlockSig=30450220378cdc531d9a14d310204fac29ce0487dfe3f82c10227c75cb1d50e773134519022100f9906d55a2527751fa6beaefc56230ebed54c3f7ca840bf4a4b75c61ee34f479)
CBlock General PoB(nBurnBits=1d7e5450 nEffectiveBurnCoins=1699908637 (formatted 1699.908637))
CBlock Specific PoB(fProofOfBurn true, burnBlkHeight 695, burnCTx 2, burnCTxOut 1)
  Coinbase(hash=9707306274, nTime=1401375310, ver=1, vin.size=1, vout.size=1, nLockTime=0)
    CTxIn(COutPoint(0000000000000000000000000000000000000000000000000000000000000000, -1), coinbase 044e4a87530101062f503253482f)
    CTxOut(nValue=52.39, scriptPubKey=025c6b63f6b0f6e56796d39e5f6deaaeff2d7ffaa65174a62f9ec81dcbeee83781 OP_CHECKSIG)
  vMerkleTree: 9707306274
2014-05-29 14:55:10 UTC generated 52.39
AddToWallet 9707306274  new

[primer-]

I would also like to know in how many years can 250 mil coins be produced ? At this rate few hundred years ?

[primer-]

Example POB:

How many did you burn ?