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

[ShadowOfScales]

PoS: 445?
Why?
Relaunch?
Dev: what are the details of the pos?

All is explained in the whitepaper in regards to how the PoS, or PoB (Proof of Burn) works, the relaunch started at block 15000 from memory, before the worst of the forks occurred, as there were many people who seriously invested in the coin, and it had been traded at BTER, and likely will resume soon, people may want to start mining while diff is low.

[primer-]

All time high diff today!

"difficulty" : 0.26031881,

Go SLIM!

[Andrew DD]

Yep WTB some Slim

[primer-]

Yep WTB some Slim

BTER will soon open SLM trading, expect massive dumps by the noob miners in the first 24h. Whoever is looking to buy do so as soon as possible.

[TaijiBagua]

my slm got stolen! 

The coins had been transfered automatically to the address:
https://i.imgur.com/e0uA3I4.jpg

Now I encrypt the wallet.  But I don't know if I can still get the PoB block when the wallet is locked.

[TaijiBagua]

Yep WTB some Slim

BTER will soon open SLM trading, expect massive dumps by the noob miners in the first 24h. Whoever is looking to buy do so as soon as possible.

Are you one of them, huge dumpers?  I know you are a huge whale.

[primer-]

Yep WTB some Slim

BTER will soon open SLM trading, expect massive dumps by the noob miners in the first 24h. Whoever is looking to buy do so as soon as possible.

Are you one of them, huge dumpers?  I know you are a huge whale.

I will not sell a single SLM in the next 30 days thats for sure. I'm expecting the price to plummet in the next 3-5 days due to the dumpers then pick up in the next 15 or so days. i'm expecting monero like price in 30 days.

[coinmasters]

Yep WTB some Slim

BTER will soon open SLM trading, expect massive dumps by the noob miners in the first 24h. Whoever is looking to buy do so as soon as possible.

Are you one of them, huge dumpers?  I know you are a huge whale.

I will not sell a single SLM in the next 30 days thats for sure. I'm expecting the price to plummet in the next 3-5 days due to the dumpers then pick up in the next 15 or so days. i'm expecting monero like price in 30 days.

I hope that will price rise

[primer-]

my slm got stolen! 

The coins had been transfered automatically to the address:


Now I encrypt the wallet.  But I don't know if I can still get the PoB block when the wallet is locked.

My first wallet keys got stolen too, did you run any binaries posted on this thread ?

[coinmasters]

You need first to clean pc and then put pass on wallet

[primer-]

Someone should start working on an optimized miner, current miner is shit. A 10 year old dual core is getting almost the same hash as an i7 (per core).

[yang5034]

If someone can count pob and pow recent statistics under the daily output, always feel pob a lot less than before the re-launch, not normal.After the re-launch, I burn a lot of coins to keep the ratio of the burning coins.Day mint by pob reduced by at least 60%.

[primer-]

"networkghps" : 0.00205548,

How much is this in MH/s ?

[TheRealSteve]

"networkghps" : 0.00205548,  How much is this in MH/s ?

Last I checked, there were a thousand megas in a giga.  So approximately 2Mhash/s.  You'll want to get multiple readings over, say, an hour or so, given the constant difficulty adjustment, the estimate bounces around as well.

[glop]

    After 2 days 24/7, still no POB block found.  I have 1,2% of burnt coins.
    Anyone have clue because statistically it is not really possible, may be something's wrong.....

[primer-]

"networkghps" : 0.00205548,  How much is this in MH/s ?

Last I checked, there were a thousand megas in a giga.  So approximately 2Mhash/s.  You'll want to get multiple readings over, say, an hour or so, given the constant difficulty adjustment, the estimate bounces around as well.

Only 2Mhash/s ?? The pool alone is doing 1Mhash/s so should be getting 50% of all PoW blocks ? Instead its hitting one block every couple of hours ?? How is this possible ?

slimcoin   2014-6-24 15:02:22 UTC   19485   000000044b6cd55ad887d022d0e3d2efdd9039d14d63408a8dcb5e14ec045bc3   9.36   immature
slimcoin   2014-6-24 13:29:25 UTC   19431   00000000f7c59c2bc135a41bc7b5d7c48840acdfd354a3e52e2b8b90a716f8db   8.64   immature

last two blocks pool found - 1hour 30min difference

[glop]

Steve  uses to provide us table of stats. It could be interesting now to see if we have a diff. 

I plan to - starting at the latest hard fork [...] I can't help but think the current block generation rate appears to be higher, at least.  But that might be psychology after the days of nothing happening

Block generation was definitely lots faster - I guess the network took a while to balance out all the hashing power thrown at it that was ready to go as soon as the update was posted.



Yep, those who got in early on the relaunch made a mint

Keen observers might see a single dot in the otherwise 'down' period.  That's block #15936, minted 2014-06-20 06:58:03 . (15937 and 15938 were also minted before the relaunch, but only by about an hour).

There's also a metric somethingsomething of PoS blocks now, so that's got its own bits and pieces in some of the graphs.

Perhaps also of interest - the massive block generation just after relaunch.
In the first 4 hours, ~420 blocks.  Counting just the PoW blocks, ~331.  That gives an interval time between PoW blocks of ~43.5s.
Compare that to the last 4 hours, ~194 blocks.  PoW blocks, ~26.  Interval: ~553.8s.

The vast majority of the later blocks appear to be PoS.  I think the last 12 hours or so in the dataset were relatively stable, so breaking down blocks in that period:
PoW: 98
PoB: 28
PoS: 445

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   Do you have approximately the amount of POB / day ?

[glop]

"networkghps" : 0.00205548,  How much is this in MH/s ?

Last I checked, there were a thousand megas in a giga.  So approximately 2Mhash/s.  You'll want to get multiple readings over, say, an hour or so, given the constant difficulty adjustment, the estimate bounces around as well.

Only 2Mhash/s ?? The pool alone is doing 1Mhash/s so should be getting 50% of all PoW blocks ? Instead its hitting one block every couple of hours ?? How is this possible ?

slimcoin   2014-6-24 15:02:22 UTC   19485   000000044b6cd55ad887d022d0e3d2efdd9039d14d63408a8dcb5e14ec045bc3   9.36   immature
slimcoin   2014-6-24 13:29:25 UTC   19431   00000000f7c59c2bc135a41bc7b5d7c48840acdfd354a3e52e2b8b90a716f8db   8.64   immature

last two blocks pool found - 1hour 30min difference

    It is difficult to understand when the generation rate should be 90s

[JohnDorien]

"networkghps" : 0.00205548,  How much is this in MH/s ?

Last I checked, there were a thousand megas in a giga.  So approximately 2Mhash/s.  You'll want to get multiple readings over, say, an hour or so, given the constant difficulty adjustment, the estimate bounces around as well.

Only 2Mhash/s ?? The pool alone is doing 1Mhash/s so should be getting 50% of all PoW blocks ? Instead its hitting one block every couple of hours ?? How is this possible ?

slimcoin   2014-6-24 15:02:22 UTC   19485   000000044b6cd55ad887d022d0e3d2efdd9039d14d63408a8dcb5e14ec045bc3   9.36   immature
slimcoin   2014-6-24 13:29:25 UTC   19431   00000000f7c59c2bc135a41bc7b5d7c48840acdfd354a3e52e2b8b90a716f8db   8.64   immature

last two blocks pool found - 1hour 30min difference

This time you are right primer

Sandor take a close look at your logfiles... That is definitely worse than "bad luck". Take some action, fast please!
My first guess would be you're on a version of the node.js stratum that has the "block invalid" bug.. meaning a found block is is rejected in the stratum, but accepted in the client. Stratum and DB however do not notice that and the block is not counted at all

[primer-]

I'm placing a 500SLM Bounty for an open source p2pool & instructions on how to install.

EDIT: dstorm was working on p2pool code, please update us on the progress.