[OLD][CSC]CasinoCoin ♠ A Digital Currency For The Regulated Online Gaming Sector

[sureman_otter]

any plans for AUXPOW,, probably make a difference in this coin, hashrate is security and I dont think asic;s are going to make as much difference as you would think.. mergemining on the other hand would increase the hashrate considerable and I would think it would make the coin more marketable to the online gaming industry..

[poncho32]

Yaye. Someone dumped 150k to me last night. It's like an early xmas gift. lol

r u still believe the coins?

Do you believe in any coin?

Yes of course. Everyone is down on alts. Bitcoin and all the alts were very beatup this year. However, I think casinocoin has a bright future considering its branding and the future proliferation of scrypt asics. For now, I'll continue to accumulate in preparation for a potential popularity increase in scrypt coins following mass asic adoption.

It's well over a year old now which is more than you can say about most alts. I still believe in it.

[GoldSeal]

any plans for AUXPOW,, probably make a difference in this coin, hashrate is security and I dont think asic;s are going to make as much difference as you would think.. mergemining on the other hand would increase the hashrate considerable and I would think it would make the coin more marketable to the online gaming industry..

Last major update was in June/July timeframe and the coin has been very stable since. We'll implement whatever changes the community as a whole requests. That being said, there's alot of people that want to see if asics may be a positive influence before we consider changing the key stretching algorithm.

With asics, I expect a few things to happen:

1. hashrates will increase
2. difficulty will increase
3. there should be a shift in newly minted coins being distributed to many small miners to them being distributed to a much smaller group of larger miners
4. higher hashrates increase the overall security of scrypt coins in general

If the above occurs, one could expect two effects:

1. the ongoing selling pressure from the current base of small miners should lessen
2. mainstream investors may start to see scrypt altcoins as a potential investment vehicle

Remember, everyone is looking for the next coin that will increase a 1000x or more in the next couple years. Alt coins have been very tempting. However, they've lacked overall hashrate and they've been abused as a vehicle to earn bitcoin. If any alt coins are to survive and become mainstream, we;re going to need to strengthen and legitimize a portion and it's possible asics might do that for scrypt coins.

This is why I personally continue to accumulate and effectively reduce the number in circulation.

If you wish to improve the usability of casioncoin, we should work to create more gambling sites, services, and tools as a community.

[BitcoinNational]

Network Hashrate: 132.3Mbps

https://www.cryptsy.com/currencies/view/CSC
http://coinmarketcap.com/currencies/casinocoin/
http://www.coinwarz.com/cryptocurrency/coins/casinocoin
http://www.coinfinance.com/currencies/CSC-CasinoCoin

--------------
website: http://casinoco.in (DEAD)
website: http://casinocoin.org/
chain: http://csc.blockexp.info/
BlockTime: 30 second
CoinSupply: ~63 million
Retarget: DigiShield
BlockReward: 10 coins per
-----------------------------------------------------
Here's an idea ... getting operational gambling sites as Joint Venture partners.

[GoldSeal]

Here's an idea ... getting operational gambling sites as Joint Venture partners.

How do you envision that working? We'd also need to identify potential partners to approach.

[GoldSeal]

Here's an idea ... getting operational gambling sites as Joint Venture partners.

It's easier said than done, I had contacted several large gaming websites(some Bitcoin some not) about the potential to accept CsC on their platform and the same response seems
To be coming that it might be an option in the future but at this time they would pass up the offer.

We just need to find the right online casino, or someone builds their own and knows how to market it very well.

if the market cap was at least $500k, this might be easier to justify as a funding option. I need to get back on GMO:s ass and see if I can restart the effort to setup a system to enable purchasing casinocoin through japanese convenience stores again. Something like this could incentivise better adoption.

[bonipper]

Here's an idea ... getting operational gambling sites as Joint Venture partners.

It's easier said than done, I had contacted several large gaming websites(some Bitcoin some not) about the potential to accept CsC on their platform and the same response seems
To be coming that it might be an option in the future but at this time they would pass up the offer.

We just need to find the right online casino, or someone builds their own and knows how to market it very well.

if the market cap was at least $500k, this might be easier to justify as a funding option. I need to get back on GMO:s ass and see if I can restart the effort to setup a system to enable purchasing casinocoin through japanese convenience stores again. Something like this could incentivise better adoption.

That would be great. Making casinocoin that easy to buy would push the price sky high. The market cap could easily go over $500k if you could buy coins in convenience stores.

[s1gs3gv]

any active nodes for this network ?

[veertje]

any active nodes for this network ?

my casinocoin.conf:

listen=1
daemon=1
server=1
rpcuser=user
rpcpassword=password
rpcconnect=127.0.0.1
rpcallowip=127.0.0.1
rpcport=47970
addnode=204.11.237.246:47950
addnode=195.241.255.78:47950
addnode=162.242.217.120:47950
addnode=188.226.155.141:47950
addnode=216.177.81.87:47950
addnode=68.110.80.22:47950
addnode=84.127.38.52:47950
addnode=220.189.247.202:47950
addnode=222.94.107.90:47950
addnode=182.173.123.181:47950
addnode=74.208.97.13:47950
addnode=63.170.87.173:47950
addnode=195.241.255.78:47950
addnode=162.242.217.120:36191
addnode=84.105.241.168:51853
addnode=64.9.35.101:62036
addnode=71.187.225.200:54126
addnode=107.170.240.40:40023
addnode=50.116.32.4:58091
addnode=162.243.57.246:53025
addnode=63.170.87.173:51956
addnode=64.9.35.101:55855
addnode=176.31.187.120:41694
addnode=122.49.161.158:58087
addnode=204.11.237.246:7945
addnode=68.110.80.22:56429
addnode=70.168.69.126:57628
addnode=24.224.105.255:11841
addnode=97.87.192.24:50376
addnode=148.251.70.194:42991
addnode=70.164.233.141:32892
addnode=70.168.69.116:59893
addnode=70.164.233.130:45965
addnode=148.251.70.194:42991
addnode=5.135.139.202:33327
addnode=70.164.233.130:30317
addnode=70.168.69.116:34808
addnode=70.168.69.115:43023
addnode=97.87.192.24:51629
addnode=188.226.155.141:38524
addnode=192.99.13.74:51361
addnode=50.116.32.4:47950
addnode=204.11.237.246:44443
addnode=162.242.217.120:47950
addnode=162.242.217.120:40157
addnode=148.251.19.213:43102
addnode=77.249.199.235:43782
addnode=216.177.81.87:40543
addnode=80.101.148.57:33385
addnode=188.40.74.85:47950
addnode=62.210.139.65:54186
addnode=68.65.205.226:40212
addnode=83.212.117.249:47950
addnode=74.208.97.13:53089
addnode=71.218.197.198:50763
addnode=146.185.185.30:55796
addnode=188.226.238.17:47923
addnode=192.99.35.133:36942
addnode=24.176.222.222:60421
addnode=71.175.81.45:42707
addnode=97.87.192.18:13234
addnode=82.47.20.169:49625
addnode=192.99.35.133:33589
addnode=99.249.22.39:51249
addnode=126.7.216.56:49795
addnode=195.154.226.66:43224
addnode=37.59.52.171:47950
addnode=82.226.151.241:49471
addnode=84.73.163.13:39836
addnode=84.109.37.236:65468
addnode=86.18.76.197:45834
addnode=67.168.57.191:49299

[GoldSeal]

any active nodes for this network ?

It has seeds available automatically via DNS as well. Sometimes it takes a few minutes to start syncing. There's still quite a few old clients out there with incompatible versions that slow down syncing.

[CartmanSPC]

Just thinking out loud...what's to keep the scrypt asics mining CSC? They are looking (for the most part) to get ROI and will mine whatever coin does this the fastest. Not sure if relying on next gen scrypt asics to secure the blockchain will work. If anything they make it much easier to do harm than good.

[sureman_otter]

Just thinking out loud...what's to keep the scrypt asics mining CSC? They are looking (for the most part) to get ROI and will mine whatever coin does this the fastest. Not sure if relying on next gen scrypt asics to secure the blockchain will work. If anything they make it much easier to do harm than good.

It wont work, 93% of current hash power is merge mining, so the last stat I saw anyway.. that leaves little left to go around and even less to secure the blockchain,.. AUXPOW seems to be where all the hash is headed and I don't think it would hurt the security selling point of CSC, Not sure how it would effect price.... 

[CartmanSPC]

Just thinking out loud...what's to keep the scrypt asics mining CSC? They are looking (for the most part) to get ROI and will mine whatever coin does this the fastest. Not sure if relying on next gen scrypt asics to secure the blockchain will work. If anything they make it much easier to do harm than good.

It wont work, 93% of current hash power is merge mining, so the last stat I saw anyway.. that leaves little left to go around and even less to secure the blockchain,.. AUXPOW seems to be where all the hash is headed and I don't think it would hurt the security selling point of CSC, Not sure how it would effect price....  

Price is the interesting point. I think it will essentially take away the ability for high hashrate miners to mine a bunch of CSC at low diff since AuxPOW should increase the difficulty really high....that is if pools bother to merge mine CSC

I will throw up to 1Th/s+ at CSC if it implements AuxPOW depending on how much hash rate is on the other coins at xpool.net at any given time.

Thinking it will take the difficulty consideration out of the equation in regard to price. If it has a high diff it should be less profitable to mine....what this does to the price I don't know but at least the blockchain will be secure (again, if pools bother to mergemine it). Some people were saying it's harder to later hardfork the blockchain with a new version but I haven't checked into that myself.

Just throwing some of my thinking into the discussion...not necessarily putting in my vote "for" implementing AuxPOW.

[sureman_otter]

actually Im pretty sure some of the larger merge mining pools like coinking would add it to the merge-scrypt pool right away, you can mine csc there already so its pretty much just an update for them. personally I would probably vote for this change, security is a big thing, especially considering what this coin is trying to do with casino's,

[GoldSeal]

Keep in mind that after scrypt asics come out, if the community doesn't like where the coin is, we can change. Pre-empting that now without at least trying it could potentially clip our wings.

For now, I'd suggest we keep it rolling and see where it goes.

[GoldSeal]

BTW, if you want the price on CSC to go up, by all mean throw some hashing power at the coin. Currently, the only thing holding price down is miners minting and dumping as they are made. Take those coins away from them and you lessen their effect.

[GoldSeal]

CSC seems to be moving a bit today. I'm moving the floor up. Happy New Year everyone.

[sureman_otter]

CSC seems to be moving a bit today. I'm moving the floor up. Happy New Year everyone.

why yes it is.. Im just holding, so I haven't looked since you put the original floor down.. good to see...

[GoldSeal]

Looks like some hashrate has come in too, undoubtedly attracted by the price increase:
http://www.coinwarz.com/network-hashrate-charts/casinocoin-network-hashrate-chart

[sureman_otter]

Goldseal,
did you notice that Cryptsy stats on CSC are old, they are still showing
336 million total coins
50 coins per block,

I asked them to change it to current specs.. maybe you should too...