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

[slimcoin]

Does slimcoind.exe with the -gen parameter not work?

It should work, run that with -printtoconsole and see if you see mining hashes.

[primer-]

If the wallet is encrypted does PoB minting function without walletpassphrase ? i.e. is it only necessary to unlock the wallet for PoS minting ?

I believe so

Well i know wallet wont mine PoW when encrypted. So take devs 'believe so' with a grain of salt.

[skottiejay]

Ok I keep seeing

Code:

CTxMemPool::accept() : accepted e49540cd60

when i go to debug log
does that mean something worked? or?

this whole mining for myself is new to me, i have no idea what i'm doing.

[qiuxiang]

Burnt 250 coins yesterday, already 24 hours, still no luck finding PoB.
Guess it is not profitable for PoB?

Was your client unlocked, synced and running ?

Yes, it is unlocked, synced and running. I got 1 PoW few hours ago.
Maybe I have very bad luck..
Wondering if I can get ROI through PoB
=.=

[BitcoinFX]

If the wallet is encrypted does PoB minting function without walletpassphrase ? i.e. is it only necessary to unlock the wallet for PoS minting ?

I believe so

OK. Thanks slimcoin. Will review the code base and put that into practice.

Can anyone else confirm if they found a PoB block with a 'locked' / encrypted wallet perhaps ?

The PoS button used in Mintcoin and a few other coins would be a useful feature in Slimcoin I think.

...

Has anyone compiled a x64 version of the miner for an i7 / AVX on windows yet ? I'm thinking I'll try compiling it to see if its much faster.

[SlientBit]

Has anyone compiled a x64 version of the miner for an i7 / AVX on windows yet ? I'm thinking I'll try compiling it to see if its much faster.

Pleeeease, do! And share! That's what I've been trying to find ...

Or, maybe with a little help, I might do that:

get code from https://github.com/slimcoin/slimminer ?
compile with what? and with what flags

Complete null on any kind of development/coding activities  

[rfcdejong]

Is it riskfull running two or three wallets with the same wallet.dat ?

[reflector]

Is it riskfull running two or three wallets with the same wallet.dat ?

Unless you really know what you are doing, yes.  I imported a private key from one of my wallets to another, then tried to move 100 SLIMs into that new wallet, and poof... they were gone into the ether.  It may be possible to recover them, but hell if I know how.

[slimcoin]

I am currently working on getting a pool for Slimcoin.

Just an update.

[rfcdejong]

I am currently working on getting a pool for Slimcoin.

Just an update.

Great news

[BitcoinFX]

I am currently working on getting a pool for Slimcoin.

Just an update.

Good news!

Pools will of course be able to generate PoB blocks if miners are willing to set a % of their mined coins to be 'burnt' into the pool with a fixed % return.

This is obviously risky as the pool has to be trusted with a large (centralized) PoB balance, although with PoB the opportunity for this type of pool exists.

Also, PoW only pools, PoW and PoB combined pools and even PoB only pools. Its going to get interesting - that's for sure.

[qiuxiang]

I am currently working on getting a pool for Slimcoin.

Just an update.

Hi dev, In the first post, i see block time is 90 seconds, is this block time shared by PoB, PoS and PoW?
How long does it take to find a PoB and how long does it take to find a PoW ideally (is it both 90 seconds or 270 seconds)?
Because i wasn't able to get a PoB block for 24 hours (250 coins burnt)

[JohnDorien]

I am currently working on getting a pool for Slimcoin.

Just an update.

Good news!

Pools will of course be able to generate PoB blocks if miners are willing to set a % of coins to be 'burnt' into the pool with a fixed % return.

This is obviously risky as the pool has to be trusted with a large (centralized) PoB balance, but with PoB the opportunity for this type of pool exists ofc.

Also, PoW only pools, PoW and PoB combined pools and even PoB only pools. Its going to get interesting - that's for sure.

If people are interested i could do a "manual" PoB pool... I'll create a separate wallet, a google doc, whoever wants to transfers coins there does so and any burned coins are distributed at percentage of sent amount...

But to do that I would like to be 100% certain the total sum of burnt coins is really affecting the probability of burnt mining... I don't want to be the screwed guy if nothing's burned in that wallet

[Watercooler]

I'm having some problems. I downloaded the linux wallet, and I doesn't open. I don't know why. So I tried downloading the source and compiling. I added the 6 nodes in slimcoin.conf, and this time the wallet opens, but it only gets the first 624 blocks. Then it doens't sync anymore :/. What can I do?

Same problem here, by any chance a 32 bits linux system? I've got the problem on openSuSE 12.3 32bits, my other system 64 bits XUbuntu doesn't have the problem

[reflector]

I am currently working on getting a pool for Slimcoin.

Just an update.

Hi dev, In the first post, i see block time is 90 seconds, is this block time shared by PoB, PoS and PoW?
How long does it take to find a PoB and how long does it take to find a PoW ideally (is it both 90 seconds or 270 seconds)?
Because i wasn't able to get a PoB block for 24 hours (250 coins burnt)

24 hours is probably not all that long.  Your coins burn for a very long time.

[TheRealSteve]

I am currently working on getting a pool for Slimcoin.

Excellent


3 days have passed since launch – as there's no block explorers and the like yet, here's some basic graphs:

Explanation of graphs: topic=613213.msg7044755#msg7044755

Like this post? Donate Slimcoin: STDpqwvEC6banMNzfNYDTuZy8xspHpGuNj

[qiuxiang]

I am currently working on getting a pool for Slimcoin.

Excellent


3 days have passed since launch – as there's no block explorers and the like yet, here's some basic graphs:

Explanation of graphs: topic=613213.msg7044755#msg7044755

Like this post? Donate Slimcoin: STDpqwvEC6banMNzfNYDTuZy8xspHpGuNj

Thanks. In the plot block height vs time, is the block height PoW, or PoW + PoB + PoS?
thanks

[JohnDorien]

@ Dev: It would be handy to put a "FAQ" or similar into the first post... most common questions have been answered, but no one ever searches 40+ pages for those...

Is there a limit minimum size (reward) of PoB blocks?

[BitcoinFX]

I am currently working on getting a pool for Slimcoin.

Just an update.

Good news!

Pools will of course be able to generate PoB blocks if miners are willing to set a % of coins to be 'burnt' into the pool with a fixed % return.

This is obviously risky as the pool has to be trusted with a large (centralized) PoB balance, but with PoB the opportunity for this type of pool exists ofc.

Also, PoW only pools, PoW and PoB combined pools and even PoB only pools. Its going to get interesting - that's for sure.

If people are interested i could do a "manual" PoB pool... I'll create a separate wallet, a google doc, whoever wants to transfers coins there does so and any burned coins are distributed at percentage of sent amount...

But to do that I would like to be 100% certain the total sum of burnt coins is really affecting the probability of burnt mining... I don't want to be the screwed guy if nothing's burned in that wallet

Well, at least your a senior member of this forum with a slight positive trust rating. Which is better than the alternative, I guess.  

PoB pooling is going to be somewhat beneficial in terms of variance and evening out rewards over time.

It's perhaps like running an escrow service with 1000 times the responsibility. "Rather you than me" type of thing really.

Even if its fully automated its going to be nearly impossible to make it fully trustworthy and decentralized at the same time.

[JohnDorien]

I am currently working on getting a pool for Slimcoin.

Just an update.

Good news!

Pools will of course be able to generate PoB blocks if miners are willing to set a % of coins to be 'burnt' into the pool with a fixed % return.

This is obviously risky as the pool has to be trusted with a large (centralized) PoB balance, but with PoB the opportunity for this type of pool exists ofc.

Also, PoW only pools, PoW and PoB combined pools and even PoB only pools. Its going to get interesting - that's for sure.

If people are interested i could do a "manual" PoB pool... I'll create a separate wallet, a google doc, whoever wants to transfers coins there does so and any burned coins are distributed at percentage of sent amount...

But to do that I would like to be 100% certain the total sum of burnt coins is really affecting the probability of burnt mining... I don't want to be the screwed guy if nothing's burned in that wallet

Well, at least your a senior member of this forum with a slight positive trust rating. Which is better than the alternative, I guess.  

PoB pooling is going to be somewhat beneficial in terms of variance and evening out rewards over time.

It's perhaps like running an escrow service with 1000 times the responsibility. "Rather you than me" type of thing really.

Even if its fully automated its going to be nearly impossible to make it fully trustworthy and decentralized at the same time.

I guess 100% trustworthy is impossible - anywhere!
At least some trust could be built with public address + Block Explorer.
I need some sleep now, will talk to my programmer tomorrow if payouts can be easily automated somehow.. then maybe I'll offer the semi-manual PoB pool.. if people want to have this at all ^^