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Author Topic: [ANN][SUPERCOIN]First P2p Decentralized Trustless Anonymous Wallet Coming Soon  (Read 473346 times)
provenceday
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June 11, 2014, 07:38:00 PM
 #1241

Please Halve the block reward this week
 Grin

I would like that too  Grin

20    VeriCoin   4,352 BTC   0.00016259 BTC      26,765,772 VRC   415.94 BTC   -1.10 %

VRC only have a Anon wallet promise, they ranked in top 20 now.

so what's about the supercoin?

104    SuperCoin   100 BTC   0.00001018 BTC      9,855,612 SUPER   9.58 BTC   +69.89 %

supercoin amount is only  1/3 of Vericoin, also supercoin price is 1/8 of vericoin.

beside  supercoin has a testnet Anon wallet now, Vericoin has nothing working Anon wallet.

so hopefully supercoin price will hit at least 10K supercoin=1BTC soon... Grin
"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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supercointeam (OP)
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June 11, 2014, 08:27:12 PM
 #1242

Grin

1: after quick block reward we will have longer mining period, not shorter mining period, also if total amount keep fixed, mining period will be longer. then we will have a lower coin inflation and price will go higher everyday.
2: Multipool only have one principle:they must pay miner BTC everyday. they must sell the mined supercoin for BTC. Multipool will never keep any altcoin more than 1 days. they will sell all mined coin in 24 Hours.

1 can you explain more this (after quick block reward we will have longer mining period, not shorter mining period,)
2 yes too bad.

1 yes, if the Block reward is 512 coin, Block time is 90 sec, if you want to distribute 1 Million coin, you need to mine 1953 Block, which will cost 1953*1.5 minutes=2929 minutes=2.03 day
but if the Block reward is 256 coin, Block time is also 90 sec, if you want to distribute 1 Million coin, you need to mine 3906 Block, which will cost 3906*1.5 minutes=4.06 days

if Block reward is 128coins, will take 8.13 days
if Block reward is 64coins, will take 16.26 days

so after 3 halve we can keep the Block reward @64 coins, that's very good for supercoin's future, Because Multipool will not profit much if even they control everyday's coin supply, also ordinary people still have the chance to mine some coin from pos, that's more fair than Multipool control everyday's coin supply and dump it soon...

would prefer to reduce the Block reward ASAP in this month.
then after 3 halves, the Block reward is 64 coin. that‘s a reasonable amount compared with dark coin or vrc coin.
[/quote]
thanks, I see what you mean.
supercointeam (OP)
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June 11, 2014, 08:40:59 PM
 #1243

Follow latest updates on social web.


Like our Facebook Page: https://www.facebook.com/pages/Super-Coin/1496306223918643

Follow our Twitter    : https://twitter.com/CoinSuper


supercointeam (OP)
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June 11, 2014, 08:45:38 PM
 #1244

Please Halve the block reward this week
 Grin

I would like that too  Grin

is this fair?  Grin


20    VeriCoin   4,352 BTC   0.00016259 BTC      26,765,772 VRC   415.94 BTC   -1.10 %

VRC only have a Anon wallet promise, they ranked in top 20 now.

so what's about the supercoin?

104    SuperCoin   100 BTC   0.00001018 BTC      9,855,612 SUPER   9.58 BTC   +69.89 %

supercoin amount is only  1/3 of Vericoin, also supercoin price is 1/8 of vericoin.

beside  supercoin has a testnet Anon wallet now, Vericoin has nothing working Anon wallet.

so hopefully supercoin price will hit at least 10K supercoin=1BTC soon... Grin

Let's keep working and see what will happen.
landslide
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June 11, 2014, 09:40:23 PM
 #1245

Please Halve the block reward this week
 Grin

I would like that too  Grin

is this fair?  Grin


20    VeriCoin   4,352 BTC   0.00016259 BTC      26,765,772 VRC   415.94 BTC   -1.10 %

VRC only have a Anon wallet promise, they ranked in top 20 now.

so what's about the supercoin?

104    SuperCoin   100 BTC   0.00001018 BTC      9,855,612 SUPER   9.58 BTC   +69.89 %

supercoin amount is only  1/3 of Vericoin, also supercoin price is 1/8 of vericoin.

beside  supercoin has a testnet Anon wallet now, Vericoin has nothing working Anon wallet.

so hopefully supercoin price will hit at least 10K supercoin=1BTC soon... Grin

Let's keep working and see what will happen.

Once anon feature released, we'll get there!
103deltafox
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June 11, 2014, 10:33:02 PM
 #1246

Multippol will only make the all coins profit about the same, have no effect on the coin mining itself

What? This isn't correct at all...

Multipool absolutely effects mining (by reducing the amount of coins paid out to those of us mining) and it also lowers the price on exchanges by forcibly dumping them...This effect is compounded by "would-be" miners switching to mining other alt-coins which have better price margins, in an attempt to sell them off and buy more Supercoins in the exchanges...

Which in turn hurts (albeit much much less) the other alt-coin which the miners have turned to mining and dumping...

Multipools are a vicious cycle for coins during POW phase... THE ONLY DETERRENT IS LOWER BLOCK REWARDS... This makes it unprofitable for the multipool to mine the coin heavily, and opens up room for those with smaller hash rates to mine the coin.

Only when many miners/investors all hold adequate amounts of any coin is a truly diversified and "decentralized" system of control produced (this is why miners hate premines so much)... This is by far the best course of action for any coin that is truly looking out for the community, unfortunately this is also the worst case for large holders (one's who aren't in the coin for the longterm) and for dev's (as this provides the most steady growth, but takes much longer to make gains so the profit margins are not as big as letting the coin rocket, sell offs along the way, and then letting the coin crash)...

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June 11, 2014, 10:49:42 PM
 #1247

Multippol will only make the all coins profit about the same, have no effect on the coin mining itself

What? This isn't correct at all...

Multipool absolutely effects mining (by reducing the amount of coins paid out to those of us mining) and it also lowers the price on exchanges by forcibly dumping them...This effect is compounded by "would-be" miners switching to mining other alt-coins which have better price margins, in an attempt to sell them off and buy more Supercoins in the exchanges...

Which in turn hurts (albeit much much less) the other alt-coin which the miners have turned to mining and dumping...

Multipools are a vicious cycle for coins during POW phase... THE ONLY DETERRENT IS LOWER BLOCK REWARDS... This makes it unprofitable for the multipool to mine the coin heavily, and opens up room for those with smaller hash rates to mine the coin.

Only when many miners/investors all hold adequate amounts of any coin is a truly diversified and "decentralized" system of control produced (this is why miners hate premines so much)... This is by far the best course of action for any coin that is truly looking out for the community, unfortunately this is also the worst case for large holders (one's who aren't in the coin for the longterm) and for dev's (as this provides the most steady growth, but takes much longer to make gains so the profit margins are not as big as letting the coin rocket, sell offs along the way, and then letting the coin crash)...

I don't totally agree with you... although most multipools pay out in BTC, we could have a multipool pay out in SUPER too.

Second, whether the coin is dumped by multipool, or by someone mining at a regular SUPER mining pool, it is the same. Although I agree that multipool always dumps, while other situations people may hold. But again this is a balance. If the coin is attractive, people will buy, otherwise will sell. So I don't really see the differences here. In a given day, the coin production is the same, so everything is defined by the price, no difference there.
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June 11, 2014, 10:50:29 PM
Last edit: June 11, 2014, 11:10:07 PM by jakiman
 #1248

@supercointeam - do you think there is a chance for the anon featured wallet to be released by this weekend?

It might be possible but i prefer to end up with graphic contest before. And of course several tests has to be done before.
Because of SUPERcoin concept change, it is better to complete it with new graphics. We are getting little dark little more steel in colors.

I agree about the importance of a new "professional / commercial" looking logo.
But I think delaying it about 2 weeks (contest period) before release is quite a long time.
Once anon feature is out and if it works well, more people will flock towards SUPER and we could get even better designs.
So "Beautifying" the wallet can always come later. It's more important to be a "first" in crypto IMHO.

Can you create another thread for Design contest to gain more attraction?

Also, I think we need a bigger bounty to attract more skilled designers.
I'm willing to donate another block (512 coins) to the contest bounty. Smiley
(If you post the public bounty address, maybe others are willing to donate a little also)

mctaino
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June 11, 2014, 11:08:06 PM
 #1249

can anyone help me, my mac wallet is not syncing. Ive added the conf file in support folder still showing offline
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June 11, 2014, 11:14:03 PM
 #1250

http://super.blockexplorer.cc/richlist/

Is the rich list working for anyone else? My address is out by 50%  Huh

A tip is more than welcome if this post was helpful to you Smiley
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June 11, 2014, 11:24:59 PM
 #1251

http://super.blockexplorer.cc/richlist/

Is the rich list working for anyone else? My address is out by 50%  Huh

One of my address is correct. Haven't checked the other.
Make sure you check using wallet's coin control window.

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June 11, 2014, 11:32:28 PM
 #1252

http://super.blockexplorer.cc/richlist/

Is the rich list working for anyone else? My address is out by 50%  Huh

One of my address is correct. Haven't checked the other.
Make sure you check using wallet's coin control window.

How would I go about doing that? I have never had to do this before :S

A tip is more than welcome if this post was helpful to you Smiley
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June 11, 2014, 11:47:17 PM
 #1253

http://super.blockexplorer.cc/richlist/

Is the rich list working for anyone else? My address is out by 50%  Huh

One of my address is correct. Haven't checked the other.
Make sure you check using wallet's coin control window.

How would I go about doing that? I have never had to do this before :S

See Coin Control section here for more info:
https://bitcoinfoundation.org/2014/03/19/whats-new-in-bitcoin-core-0-9-0/

Basically, you can see how many coins there are at which address.
(if you have multiple addresses in your wallet that is)

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June 12, 2014, 12:00:30 AM
 #1254

http://super.blockexplorer.cc/richlist/

Is the rich list working for anyone else? My address is out by 50%  Huh

One of my address is correct. Haven't checked the other.
Make sure you check using wallet's coin control window.

How would I go about doing that? I have never had to do this before :S

See Coin Control section here for more info:
https://bitcoinfoundation.org/2014/03/19/whats-new-in-bitcoin-core-0-9-0/

Basically, you can see how many coins there are at which address.
(if you have multiple addresses in your wallet that is)

Ah I see. I only have one address in my wallet though.

A tip is more than welcome if this post was helpful to you Smiley
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June 12, 2014, 12:40:48 AM
 #1255

Sending with anonymous feature will become very easy, just click "anonymous send" checkbox before clicking the "send" button. It is the same user interface. Of course, you can also choose to use normal send if you want. No additional command-line command to use:


By the way, we will try to release the wallet with anon features for tests this weekend. Remember, for now we only allow the anon features in testnet for testing purpose. It will be the same client, so you can switch back and forth between formal SuperCoin network and testnet (just change the testnet=1 or 0 in config file and restart the qt client).

provenceday
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June 12, 2014, 12:44:35 AM
 #1256

Multippol will only make the all coins profit about the same, have no effect on the coin mining itself

What? This isn't correct at all...

Multipool absolutely effects mining (by reducing the amount of coins paid out to those of us mining) and it also lowers the price on exchanges by forcibly dumping them...This effect is compounded by "would-be" miners switching to mining other alt-coins which have better price margins, in an attempt to sell them off and buy more Supercoins in the exchanges...

Which in turn hurts (albeit much much less) the other alt-coin which the miners have turned to mining and dumping...

Multipools are a vicious cycle for coins during POW phase... THE ONLY DETERRENT IS LOWER BLOCK REWARDS... This makes it unprofitable for the multipool to mine the coin heavily, and opens up room for those with smaller hash rates to mine the coin.

Only when many miners/investors all hold adequate amounts of any coin is a truly diversified and "decentralized" system of control produced (this is why miners hate premines so much)... This is by far the best course of action for any coin that is truly looking out for the community, unfortunately this is also the worst case for large holders (one's who aren't in the coin for the longterm) and for dev's (as this provides the most steady growth, but takes much longer to make gains so the profit margins are not as big as letting the coin rocket, sell offs along the way, and then letting the coin crash)...

I don't totally agree with you... although most multipools pay out in BTC, we could have a multipool pay out in SUPER too.

Second, whether the coin is dumped by multipool, or by someone mining at a regular SUPER mining pool, it is the same. Although I agree that multipool always dumps, while other situations people may hold. But again this is a balance. If the coin is attractive, people will buy, otherwise will sell. So I don't really see the differences here. In a given day, the coin production is the same, so everything is defined by the price, no difference there.


check this! big Multipool dump again, if Multipool keep dumping, people will not urgently to buy coins..

0.00001500   3444.00000000   0.05166000
06/12/2014 08:24:22 AM   
SELL
0.00001577   5000.00000000   0.07885000
06/12/2014 08:22:51 AM   
SELL
0.00001577   2565.48398762   0.04045768
06/12/2014 08:22:36 AM   
BUY
0.00001577   560.99720951   0.00884692
06/12/2014 08:22:01 AM   
SELL
0.00001425   1525.81110011   0.02174280
06/12/2014 08:19:38 AM   
SELL
0.00001361   373.94081413   0.00508933
06/12/2014 08:19:38 AM   
SELL
0.00001370   1162.05908586   0.01592020
06/12/2014 08:13:38 AM   
SELL
0.00001360   511.99990000   0.00696319
06/12/2014 08:12:29 AM   
SELL
0.00001356   34286.07898151   0.46491923
06/12/2014 08:12:27 AM   
SELL
0.00001356   7911.43681602   0.10727908
06/12/2014 08:12:27 AM   
SELL
0.00001357   2758.68472480   0.03743535
06/12/2014 08:12:27 AM   
SELL
0.00001361   5441.54089427   0.07405937
06/12/2014 08:11:39 AM   
SELL
0.00001357   241.31527520   0.00327464
06/12/2014 08:11:39 AM   
SELL
0.00001360   782.68452480   0.01064450
06/12/2014 08:09:38 AM   
SELL
0.00001360   1023.99980000   0.01392639
06/12/2014 08:07:38 AM   
SELL
0.00001355   1023.99980000   0.01387519
06/12/2014 08:06:52 AM   
SELL
0.00001355   4055.40471197   0.05495073
06/12/2014 08:06:52 AM   
SELL
0.00001400   3985.71499822   0.05580000
06/12/2014 08:06:52 AM   
SELL
0.00001402   1500.00000000   0.02103000
06/12/2014 08:06:52 AM   
SELL
0.00001405   458.88028981   0.00644726
06/12/2014 08:04:01 AM   
SELL
0.00001405   517.11991019   0.00726553
06/12/2014 08:03:38 AM   
SELL
0.00001405   1023.99980000   0.01438719
06/12/2014 08:01:19 AM   
SELL
0.00001400   153253.00000000   2.14554200
06/12/2014 08:01:02 AM   
BUY
0.00001460   79.65770000   0.00116300
06/12/2014 07:58:46 AM   
BUY
0.00001370   2.99406800   0.00004101
06/12/2014 07:57:59 AM   
SELL
0.00001370   15700.32593200   0.21509446
06/12/2014 07:57:38 AM   
SELL
0.00001350   511.99990000   0.00691199
06/12/2014 07:56:47 AM   
SELL
0.00001330   21094.43380790   0.28055596
06/12/2014 07:56:47 AM   
SELL
0.00001333   1586.16243740   0.02114354
06/12/2014 07:56:47 AM   
SELL
0.00001335   10000.00000000   0.13350000
06/12/2014 07:56:47 AM   
SELL
0.00001336   10000.00000000   0.13360000
06/12/2014 07:56:47 AM   
SELL
0.00001353   14672.00000000   0.19851216
06/12/2014 07:56:47 AM   
SELL
0.00001400   3929.67367296   0.05501543
06/12/2014 07:56:47 AM   
SELL
0.00001400   1500.00000000   0.02100000
06/12/2014 07:56:47 AM   
SELL
0.00001400   10000.00000000   0.14000000
06/12/2014 07:56:47 AM   
SELL
0.00001401   2703.50462174   0.03787609
06/12/2014 07:56:47 AM   
SELL
0.00001455   2050.88704072   0.02984040
06/12/2014 07:55:58 AM   
SELL
0.00001458   9142.45672000   0.13329701
06/12/2014 07:55:38 AM   
SELL
0.00001455   511.99990000   0.00744959
06/12/2014 07:54:54 AM   
SELL
0.00001460   23412.34230000   0.34182019
06/12/2014 07:53:47 AM   
SELL
0.00001490   19133.38101786   0.28508737
06/12/2014 07:52:10 AM   
SELL
0.00001471   6428.17123582   0.09455839
06/12/2014 07:52:10 AM   
SELL
0.00001500   25000.00000000   0.37500000
06/12/2014 07:52:10 AM   
SELL
0.00001500   803.05876418   0.01204588
provenceday
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June 12, 2014, 12:46:35 AM
 #1257

Sending with anonymous feature will become very easy, just click "anonymous send" checkbox before clicking the "send" button. It is the same user interface. Of course, you can also choose to use normal send if you want. No additional command-line command to use:


By the way, we will try to release the wallet with anon features for tests this weekend. Remember, for now we only allow the anon features in testnet for testing purpose. It will be the same client, so you can switch back and forth between formal SuperCoin network and testnet (just change the testnet=1 or 0 in config file and restart the qt client).



Please First Halve the block reward to 256 coin this week..
Then Halve the block reward to 128coins next week..
Then Halve the block reward to 64coins and keep the block reward fixed @64 coin or 32coins

 Grin


Multippol will only make the all coins profit about the same, have no effect on the coin mining itself

What? This isn't correct at all...

Multipool absolutely effects mining (by reducing the amount of coins paid out to those of us mining) and it also lowers the price on exchanges by forcibly dumping them...This effect is compounded by "would-be" miners switching to mining other alt-coins which have better price margins, in an attempt to sell them off and buy more Supercoins in the exchanges...

Which in turn hurts (albeit much much less) the other alt-coin which the miners have turned to mining and dumping...

Multipools are a vicious cycle for coins during POW phase... THE ONLY DETERRENT IS LOWER BLOCK REWARDS... This makes it unprofitable for the multipool to mine the coin heavily, and opens up room for those with smaller hash rates to mine the coin.

Only when many miners/investors all hold adequate amounts of any coin is a truly diversified and "decentralized" system of control produced (this is why miners hate premines so much)... This is by far the best course of action for any coin that is truly looking out for the community, unfortunately this is also the worst case for large holders (one's who aren't in the coin for the longterm) and for dev's (as this provides the most steady growth, but takes much longer to make gains so the profit margins are not as big as letting the coin rocket, sell offs along the way, and then letting the coin crash)...
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June 12, 2014, 12:48:40 AM
 #1258

I can't even get the mac wallet to sync let alone send anon, Can someone please help me.  Ive added .conf file in application support folder but nothing wallet is offline. HELP
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June 12, 2014, 12:54:52 AM
 #1259


Please First Halve the block reward to 256 coin this week..
Then Halve the block reward to 128coins next week..
Then Halve the block reward to 64coins and keep the block reward fixed @64 coin or 32coins

 Grin


Sorry we will not change the spec without any critical issues...

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June 12, 2014, 12:56:29 AM
 #1260

Sending with anonymous feature will become very easy, just click "anonymous send" checkbox before clicking the "send" button. It is the same user interface. Of course, you can also choose to use normal send if you want. No additional command-line command to use:


By the way, we will try to release the wallet with anon features for tests this weekend. Remember, for now we only allow the anon features in testnet for testing purpose. It will be the same client, so you can switch back and forth between formal SuperCoin network and testnet (just change the testnet=1 or 0 in config file and restart the qt client).


Very nice! looking forward to the new client.
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