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Author Topic: [ANN][KiB] Kibweecoin | Proof-of-Contribution | Under rework  (Read 36998 times)
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kiki6990
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June 13, 2014, 07:48:36 PM
 #301

pool.mn has less than 51% now, so everything should be ok.



ok but are your shares incrementing?
yes they are, the pool works good now, everything is ok.

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placebo
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June 13, 2014, 07:49:02 PM
 #302

VERY NICE COIN!!! BUT WHY NO IPO?Huh!!! SMALL MINERS ARE ALWAYS MISSING THE BOOT, WE NEED COINS WITH IPO!!!
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June 13, 2014, 07:50:02 PM
 #303

pool.mn has less than 51% now, so everything should be ok.



This thing is the hashrate was more than +51% during the POC blocks, allowing the fork by discovering the block + having the best chain.
I have no answer from the pool operators.

We are taking a decision at the moment.
If we need to restart the coin, we will do it so.

Lets hope they give those block rewards over to the POC console.
To be honest they really should, if not it seems the coin will relaunch and their already earnd coins will be destroyed.

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kiki6990
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June 13, 2014, 07:50:43 PM
 #304

and here is the truth: you may mine at pool.mn and leave all the coins to yoursefl (infcuding coins from POC blocks, whic are huge - 472 coins per POC block compared to 8 coins per regular block). Or you can go to another pool that donate POC blocks to the dev who will then sell these coins to you for bitcoins

pool.mn is not on a fork, dev is spreading fud coz he's losing his coins right now

although I agree that dev should have some reward for his work but in this case dev wants to take 50% of all Kibweecoins which is kinda huge

I'm not losing my coins, the contributors coins are forked, not mines.
0 coins are coming to me.
I may even have to restart the coin because of this fork. What the point so ?
If you are restarting this coin i`m out of this, i`ll never start mining it again. And i suppose lots of other guys will do the same here!!!

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June 13, 2014, 07:51:23 PM
 #305

pool.mn has less than 51% now, so everything should be ok.



This thing is the hashrate was more than +51% during the POC blocks, allowing the fork by discovering the block + having the best chain.
I have no answer from the pool operators.

We are taking a decision at the moment.
If we need to restart the coin, we will do it so.

As a renter who will lose out on a restart I suggest you restart! No way should that pool benefit from 1888 coins+ if this continues.
anarchyx914
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June 13, 2014, 07:51:54 PM
 #306

and here is the truth: you may mine at pool.mn and leave all the coins to yoursefl (infcuding coins from POC blocks, whic are huge - 472 coins per POC block compared to 8 coins per regular block). Or you can go to another pool that donate POC blocks to the dev who will then sell these coins to you for bitcoins

pool.mn is not on a fork, dev is spreading fud coz he's losing his coins right now

although I agree that dev should have some reward for his work but in this case dev wants to take 50% of all Kibweecoins which is kinda huge

I'm not losing my coins, the contributors coins are forked, not mines.
0 coins are coming to me.
I may even have to restart the coin because of this fork. What the point so ?
If you are restarting this coin i`m out of this, i`ll never start mining it again. And i suppose lots of other guys will do the same here!!!

^^ this
Globee07
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June 13, 2014, 07:53:03 PM
 #307

and here is the truth: you may mine at pool.mn and leave all the coins to yoursefl (infcuding coins from POC blocks, whic are huge - 472 coins per POC block compared to 8 coins per regular block). Or you can go to another pool that donate POC blocks to the dev who will then sell these coins to you for bitcoins

pool.mn is not on a fork, dev is spreading fud coz he's losing his coins right now

although I agree that dev should have some reward for his work but in this case dev wants to take 50% of all Kibweecoins which is kinda huge

LOL dude people already paid BTC for those poc shares, so we need those poc blocks otherwise its us share buyers getting nothing not the dev.
He got the btc for the shares already.

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ZacharyComstock
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June 13, 2014, 07:53:08 PM
 #308

and here is the truth: you may mine at pool.mn and leave all the coins to yoursefl (infcuding coins from POC blocks, whic are huge - 472 coins per POC block compared to 8 coins per regular block). Or you can go to another pool that donate POC blocks to the dev who will then sell these coins to you for bitcoins

pool.mn is not on a fork, dev is spreading fud coz he's losing his coins right now

although I agree that dev should have some reward for his work but in this case dev wants to take 50% of all Kibweecoins which is kinda huge

I'm not losing my coins, the contributors coins are forked, not mines.
0 coins are coming to me.
I may even have to restart the coin because of this fork. What the point so ?

yeah, yeah, contibutors coins, premine, all the same stuff. No dev would confess that he's secretly wishing to dump coins that he control (through premine or POC as you call it) when there is a good opportunity.

pool.mn is on the same fork as other pool, compare block heights, every pool is on the same block

You may now relaunch the coin as this is clearly not what you have expected

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June 13, 2014, 07:53:38 PM
 #309


If you are restarting this coin i`m out of this, i`ll never start mining it again. And i suppose lots of other guys will do the same here!!!

so you are  out

because its a new algo and the POC failed and have to be good , if its not good it's not a new algorythm coin but just an X11 coin

this coin is good because its a new way to think


so restart should be fair
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June 13, 2014, 07:54:42 PM
 #310

VERY NICE COIN!!! BUT WHY NO IPO?Huh!!! SMALL MINERS ARE ALWAYS MISSING THE BOOT, WE NEED COINS WITH IPO!!!

There is/was some kind of ipo which is the new distribution system, POS , you buy shares for BTC and you get paid KIB (if it is not taken buy some pool lol )

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anarchyx914
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June 13, 2014, 07:56:32 PM
 #311

Seems to me this is a coding issue. With a relaunch whats to stop the same thing from happening again? There are frequently pools that exceed 50% of the hash rate on coins (IE DedicatedPool) and they don't cause forks/problems.

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June 13, 2014, 07:56:58 PM
 #312


If you are restarting this coin i`m out of this, i`ll never start mining it again. And i suppose lots of other guys will do the same here!!!

so you are  out

because its a new algo and the POC failed and have to be good , if its not good it's not a new algorythm coin but just an X11 coin

this coin is good because its a new way to think


so restart should be fair

no more agree
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June 13, 2014, 07:57:03 PM
 #313


If you are restarting this coin i`m out of this, i`ll never start mining it again. And i suppose lots of other guys will do the same here!!!

so you are  out

because its a new algo and the POC failed and have to be good , if its not good it's not a new algorythm coin but just an X11 coin

this coin is good because its a new way to think


so restart should be fair

it`s a new algo??? maybe it`s new for you brother. You are a supporter of the dev for sure, and now you don`t like what happend with this coin. The dev should be carefull of what code he wrote, there is no other problem!!!

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June 13, 2014, 07:58:51 PM
 #314

yeah i agree it looks like a code problem, network seems to be running fine otherwise atm
Devs gunna have to relaunch at a later date, this should have been found on testnet
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June 13, 2014, 07:59:40 PM
 #315

Technically the POC block should be send to the address of our console.

At the moment they aren't and sent on the pool address. The only way to do it is to chage the source + having +51% of the hashrate and be the best chain.

It's not a bug, it's an attack.

Testnet and non testnet are doing well.
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June 13, 2014, 08:00:51 PM
 #316

hmm- another failed launch coz dev messed it up- i wasted some btc for poc and some hashing for mining i guess.

got already 100 kib- waste it is then Sad(

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June 13, 2014, 08:01:09 PM
 #317

Technically the POC block should be send to the address of our console.

At the moment they aren't and sent on the pool address. The only way to do it is to chage the source + having +51% of the hashrate and be the best chain.

It's not a bug, it's an attack.

Testnet and non testnet are doing well.
so ,what's the plan,relanch?
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June 13, 2014, 08:01:22 PM
 #318

a relaunch would be a mistake, and i would be one of the people that would be out...

it would be one thing if one pool jumped in early, or somehow maliciously attacked the network, but none of these things happened...

having one pool control more then half of the hashrate at a launch of a new coin is not unusual by any means, and happens all the time... most coins seem to get through this fact without an issue...

plus, there was no fork... all pools are on the same block... there was a mistake in coding that allowed one of the pools to mistakenly claim the POC reward... the pool didn't do this on purpose...

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June 13, 2014, 08:01:42 PM
 #319

Technically the POC block should be send to the address of our console.

At the moment they aren't and sent on the pool address. The only way to do it is to chage the source + having +51% of the hashrate and be the best chain.

It's not a bug, it's an attack.

Proove your saying, we want facts, not just words! It`s not about any attack at all, why would anyone attack a coin like this??

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June 13, 2014, 08:02:15 PM
 #320


it`s a new algo??? maybe it`s new for you brother. You are a supporter of the dev for sure, and now you don`t like what happend with this coin. The dev should be carefull of what code he wrote, there is no other problem!!!

yes new algo

i dont support dev i support innovation
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