[ANN][1CR] 1CRedit Coin Relaunch

[SmallVern]

Logo Mockups with Different Backgrounds


This one is like a wallpaper: https://i.imgur.com/RuoJSg0.png
More arcade style: https://i.imgur.com/3NOvzG2.png


1Credit could really be a premiere arcade game credit. High potential for you guys, can't wait to see where you lead us! We, the community, is here to work for you Cassey.

[1714052689]

1714052689

[no-ice-please]

So I did more reading, and it seems that 1CR is more of a gaming credit. With this as inspiration I went back to the drawing boards to attempt a new concept. Something like this is unique because it differs from the traditional circular "coin" logo. I feel that this logo really could help offer new branding to the relaunch.

https://i.imgur.com/l8eGr55.png


Thoughts, criticisms, improvements, etc. let me know! I did have a little trouble on deciding how to format the 1 in the center of the credit, so if anyone has any suggestions for colors or anything like that, I'm all ears.

Also, the credits are grouped just for show in this picture. Of course they can easily stand alone.

And looking at it now I can tell that the 1 isn't perfectly centered. I will fix that for mockup #2 after hearing feedback.

The strongest image so far, and better than almost any coin images I've seen, is https://i.imgur.com/tqbrvXP.png .

This image https://i.imgur.com/RuoJSg0.png is artistically good but people will wonder about the significance of the tickets and unless it is going to be used in an online game, as I think Cassey originally intended but did not happen yet, it seems to be an image with too narrow a focus.

 

[no-ice-please]

Could somebody explain how there are blocks showing now that were created during the "dry spell" when no blocks were created?

Did some miner create these blocks then somehow keep it secret from the network, then all of a sudden make them appear on the chain?

?

[SmallVern]

Yeah, the coin image depends on the use I suppose. I would love to see this compete with DGB and Gamecredits, both of which have multi-million dollar market caps. I'm learning programming, and a 1CR gaming set up/system/site wouldn't be too far fetched. I personally like the ticket logo the best, but perhaps that's only because it was my most recent design. We tend to have more sentimental feelings attached to our most recent desigh

[no-ice-please]

It looks like the address that mined all the recent blocks is CayjEqrMQNa1b42UcJvgfbiTsh92bqLYBo
https://chainz.cryptoid.info/1cr/address.dws?CayjEqrMQNa1b42UcJvgfbiTsh92bqLYBo.htm

Their first block was May 12, 2014
https://chainz.cryptoid.info/1cr/tx.dws?2171.htm

and they have mined a little over 25% of all blocks
https://chainz.cryptoid.info/1cr/extraction.dws?569.htm

The coin was apparently first listed on Polo April 28, 2014 so they are one of the first pools.

Aside from this dry stretch now, there were also no blocks found
7/30 to 8/3   2016
7/20 to 7/28    2016
6/21 to 6/24   2016
4/18 to 5/4   2016
3/7 to 3/18   2016
etc
Not sure what can be deduced, but I would guess that without a solution the end is near. I still have a lot of 1credit and hope a solution is found. 

I don't know what pool that is.  Out wallet address at Prohashing is CdYqdgvqHsvAEvMHsF6EgqCMttPX65QYYA, and we limit hashrate assigned so that difficulty does not skyrocket.  It's unfortunate that the other pool does not care about 1CRedit.

Now we have this address https://chainz.cryptoid.info/1cr/address.dws?CLHHW7MTXNjj4WFqkSzXtCNxF59xhZeWU6.htm which has somehow mined a whole lot of coins on blocks that did not exist on the explorer during the month plus dry spell.

Something does not look right.

[welshy9]

it shows as 67.58 diff

How does one mine this coin ? where are the pools ? if there aint any pool i can make one

[no-ice-please]

33 days without a block mined, that means a person can buy up the exchange and nobody can send coins to sell. People should be cautious if this problem is not fixed, wonder if maybe it is deliberate. I still have a lot of 1credit, and support it, but 33 days without a block is not a credible cryptocurrency. https://chainz.cryptoid.info/1cr/

33 days

Technically, the coin isn't broken.  The problem is that the difficulty is currently 344,503, and therefore no one wants to mine it.  You could say the difficulty adjustment algorithm is broken, but there's nothing preventing someone from throwing hashrate at 1CRedit to advance the block chain.

I wanted to correct myself.  I checked and the current difficulty is 97.51098505.  For some reason my pool is reporting it incorrectly.  I am looking into the issue right now.

Your post was dated Sept 12th and there had been no blocks produced in the previous 30 some days, or so it seemed.

Now suddenly we have blocks from one day before, like https://chainz.cryptoid.info/1cr/block.dws?56250.htm
and 2 days before, like https://chainz.cryptoid.info/1cr/block.dws?56099.htm
and 3 days before, like https://chainz.cryptoid.info/1cr/block.dws?55936.htm

In fact every day going back to Aug 3rd there are now blocks showing as having existed  

[welshy9]

ive setup a pool and throwing some hash at it

http://cryptomine.online:8026/getting_started

happy mining

[Cassey]

33 days without a block mined, that means a person can buy up the exchange and nobody can send coins to sell. People should be cautious if this problem is not fixed, wonder if maybe it is deliberate. I still have a lot of 1credit, and support it, but 33 days without a block is not a credible cryptocurrency. https://chainz.cryptoid.info/1cr/

33 days

Technically, the coin isn't broken.  The problem is that the difficulty is currently 344,503, and therefore no one wants to mine it.  You could say the difficulty adjustment algorithm is broken, but there's nothing preventing someone from throwing hashrate at 1CRedit to advance the block chain.

I wanted to correct myself.  I checked and the current difficulty is 97.51098505.  For some reason my pool is reporting it incorrectly.  I am looking into the issue right now.

Your post was dated Sept 12th and there had been no blocks produced in the previous 30 some days, or so it seemed.

Now suddenly we have blocks from one day before, like https://chainz.cryptoid.info/1cr/block.dws?56250.htm
and 2 days before, like https://chainz.cryptoid.info/1cr/block.dws?56099.htm
and 3 days before, like https://chainz.cryptoid.info/1cr/block.dws?55936.htm

In fact every day going back to Aug 3rd there are now blocks showing as having existed  

I think someone orchistrated the long outage:  threw a ton of asic at it to boost the difficulty, then went private for a month or so, then rejoined the network.  I noticed the block count jumped ~6000 blocks within a day of the long block being found.  I would have anticipated a quick 1024, since that is the depth of the KGW, but not the extra 5000.  Of course, once they joined, their own breaker block would register on the chain as valid and they could flood all the private blocks they wanted.  The ~6000 is about right for the period we were offline.

I have NO idea how to block against this abuse of power.  Very VERY depressed by it - enough to want to say "Enough" and shut things down.

[no-ice-please]

33 days without a block mined, that means a person can buy up the exchange and nobody can send coins to sell. People should be cautious if this problem is not fixed, wonder if maybe it is deliberate. I still have a lot of 1credit, and support it, but 33 days without a block is not a credible cryptocurrency. https://chainz.cryptoid.info/1cr/

33 days

Technically, the coin isn't broken.  The problem is that the difficulty is currently 344,503, and therefore no one wants to mine it.  You could say the difficulty adjustment algorithm is broken, but there's nothing preventing someone from throwing hashrate at 1CRedit to advance the block chain.

I wanted to correct myself.  I checked and the current difficulty is 97.51098505.  For some reason my pool is reporting it incorrectly.  I am looking into the issue right now.

Your post was dated Sept 12th and there had been no blocks produced in the previous 30 some days, or so it seemed.

Now suddenly we have blocks from one day before, like https://chainz.cryptoid.info/1cr/block.dws?56250.htm
and 2 days before, like https://chainz.cryptoid.info/1cr/block.dws?56099.htm
and 3 days before, like https://chainz.cryptoid.info/1cr/block.dws?55936.htm

In fact every day going back to Aug 3rd there are now blocks showing as having existed  

I think someone orchistrated the long outage:  threw a ton of asic at it to boost the difficulty, then went private for a month or so, then rejoined the network.  I noticed the block count jumped ~6000 blocks within a day of the long block being found.  I would have anticipated a quick 1024, since that is the depth of the KGW, but not the extra 5000.  Of course, once they joined, their own breaker block would register on the chain as valid and they could flood all the private blocks they wanted.  The ~6000 is about right for the period we were offline.

I have NO idea how to block against this abuse of power.  Very VERY depressed by it - enough to want to say "Enough" and shut things down.

It is not just an "abuse of power".

Somebody convinced part of the network, like Chris,  that there was an outrageous difficulty, e.g. 344,503 but other parts of the network did not seem to notice

For sake of conversation:  if the difficulty has jumped from 97.5 to the previously reported 344,503, the only cure is a hard fork after some code work.

I should note that the current difficulty adjustment algo is based on the Kimoto Gravity Well with the Time Warp fix, and uses the last 1024 blocks in its computation.

Per my logs:

2016-08-09 23:28:05 received block 37c2825a528f103cdc5e3fac26ce77a3588f4d572a69ad3a387f3305bee0e2ff
2016-08-09 23:28:05 Difficulty Retarget - Kimoto Gravity Well TW
2016-08-09 23:28:05 PastRateAdjustmentRatio = 1.0484
2016-08-09 23:28:05 Before: 1c02a67a 0000000002a67a00000000000000000000000000000000000000000000000000
2016-08-09 23:28:05 After: 1c02a014 0000000002a014dbc3c543fadb829c672b0f9209df55da10db29383c0f4cf699
2016-08-09 23:28:06 Committing 1 changed transactions to coin database...
2016-08-09 23:28:06 SetBestChain: new best=37c2825a528f103cdc5e3fac26ce77a3588f4d572a69ad3a387f3305bee0e2ff  height=50895  log2_work=51.204357  tx=61080  date=2016-08-09 13:07:37 progress=0.998413
2016-08-09 23:28:06 ProcessBlock: ACCEPTED

So in theory, the next block should only be about 5% harder to find than the current block, which had a difficulty of 97.5, so the current block difficulty should be around 102.2.  Of course, that was based on a net hashrate of 845MH/s and the devs only have about 26MH/s of ASICs to throw at it.  Given that, I would have expected to find a block "On Average" in about 5 hours, not 30+ days.

Is there an exploit to KGW w/TW that yielded the previously mentioned difficulty of 344,503? 

We have been running with KGW w/TW using 1024 blocks since block 16175...  (check the source on github to verify)

Basically need suggestions and curious what the appetite for doing a hard fork is.   Please, constructive replies only...

then

I wanted to correct myself.  I checked and the current difficulty is 97.51098505.  For some reason my pool is reporting it incorrectly.  I am looking into the issue right now.

Thanks for looking, and posting the correction.  You had us scratching our heads for a bit.

Our pool shows a pretty consistant difficultly around that number.

 

[SmallVern]

Let's please keep 1CR going! Relaunch is going well and will do better. I can provide a logo and a website to get things rolling. Good future lies ahead!

[SmallVern]

Do I have permission to start on designing a website? I really would love the experience of working with a coin, so I would be happy to do it for free. Plus I bought a little 1CR yesterday and so if my website is good, the price of the coin should go up and I will make money to cover my costs that way. I will buy a theme on Themeforest.net something modern and cool and update it to make it fit the 1CR project.

All I need is the go-ahead and a little direction about what you want for the relaunch. Any leaders for the coin, I and others are here to work for you!

[no-ice-please]

Do I have permission to start on designing a website? I really would love the experience of working with a coin, so I would be happy to do it for free. Plus I bought a little 1CR yesterday and so if my website is good, the price of the coin should go up and I will make money to cover my costs that way. I will buy a theme on Themeforest.net something modern and cool and update it to make it fit the 1CR project.

All I need is the go-ahead and a little direction about what you want for the relaunch. Any leaders for the coin, I and others are here to work for you!

Cryptocurrency ideally is decentralized and not controlled by any specific person or group. You don't need "permission" from anybody to make a website but you should look at the coin's situation and use common sense.

Mining of 1credit seems to be hijacked by somebody, or some group of individuals, who have found a way to exploit some weakness in the mining process and take all of the coins for themselves.

Looking at the coin's history, it's likely that this has been going on for some time.

So rather than being a coin with an unusually fair future distribution, 1credit has become the piggybank for one person or group of people. More than 10 percent of all coins that exist were created by them in one fell swoop this week.

They can create more coins at will, and prevent other miners from creating any coins by manipulating the apparent difficulty.

You can make a website or do anything else, but unless the problem is fixed quickly this coin is finished. I own a lot of 1credit and hope it is fixed but I am not a coder and do not have the knowledge or resources to make a fix.

[Cassey]

You win No-Ice-Please.

Since I have NO CLUE how to prevent this for 1CRedit, or for any of the hundreds of other coins based on KGW, guess I'll be shutting down my support for 1CRredit and YACCoin today.

[no-ice-please]

You win No-Ice-Please.

Since I have NO CLUE how to prevent this for 1CRedit, or for any of the hundreds of other coins based on KGW, guess I'll be shutting down my support for 1CRredit and YACCoin today.

edit

Sorry if I come across as unhelpful. A vast number of coins were just created stealthily and it looks like a serious problem. I have a lot of 1credit so I am not trying to sabotage anything. Here is a post asking opinions https://bitcointalk.org/index.php?topic=1625545.new#new

[no-ice-please]

Here is what looks like a helpful suggestion https://bitcointalk.org/index.php?topic=1625545.msg16344394#msg16344394

(...)  It might have been a block withholding attack (...)

The problem with single algorithm coins is (...)

(...)

(...)


(...)

(...)


(...)

This issue will be more and more prevalent with single algorithm coins.

This can be mitigated with checkpoints and central nodes somewhat but that's kind of a bandaid solution.


Adding multiple algorithms (pow or pos) prevents this because if you have two algos and one of them stops because of the difficulty, the second algo can lower the difficulty of the other, super high one without having to find blocks with super high difficulty. Essentially the difficulty retarget now can't be stopped with kicking one algorithm's difficulty. And with multiple algos you can also set how many blocks can be found with a single algo in a row before at least one block if found on another algo.

i drop the matter

[SmallVern]

The 1CR relaunch is scheduled for October 20th, 2016.

Official Flyer: https://i.imgur.com/kxMCtYk.png

I will be designing the website design, but I have a few more jobs for anyone with the necessary skills to help:

• Game Developer (arcade style)
• Director of Marketing and Community Outreach
• Mathematician / Blockchain expert
• Security Director

Follow 1Credit Official Relaunch twitter account is here: https://twitter.com/1CreditOfficial

Great times lie ahead for all those involved in the process or investing in the mission.

[no-ice-please]

The 1CR relaunch is scheduled for October 20th, 2016.

Official Flyer: https://i.imgur.com/kxMCtYk.png

I will be designing the website design, but I have a few more jobs for anyone with the necessary skills to help:

• Game Developer (arcade style)
• Director of Marketing and Community Outreach
• Mathematician / Blockchain expert
• Security Director

Follow 1Credit Official Relaunch twitter account is here: https://twitter.com/1CreditOfficial

Great times lie ahead for all those involved in the process or investing in the mission.

Here is a suggestion. It looks like you have good organizational skills and obviously are better at art than the people who do graphics for most coins.

The problem that will stifle 1credit if it is not fixed is the hijacked mining. Somebody is a little smarter than whoever designed the kimoto gravity thing. That person will destroy the coin unless they are cancelled as a threat.

Their motive is money, obviously, same as the rest of us, but they have a few extra brain cells and they are misusing them.

Their pirate treasure, the coins they snagged, could easily be wiped away in a fork, algorithm adapted and they would lose all their effort.

An option would be for you to get with Cassey and offer the hijacker to keep his or her or their coins in exchange for contacting Cassey with explicit details of the exploit, how to avoid it, an agreement not to sell more than 1% of their coins per week, followable on the blockchain or the coins get hardforked to oblivion, and some arrangement whereby they watch security of the network in exchange for the increased value of their coins. That covers your 'Security Director' and solves the exploit issue.

Mathematician/blockchain person would probably be Cassey. He is annoyed that I am rattling on about the mining exploit but no doubt he has coins and wants to see 1cr succeed.

Marketing you seem to be covering, but if you take over as main organizer of the coin from Cassey, which I support since Cassey is a gifted coin maker but poor at organizing, then you should try to get somebody to follow vaguely in your direction and create a parallel or sub project for the coin, e.g. a twitter account as you did and whatever else anybody thinks.

Game developer is the tough one. I would send an email to androidcryptogames, who has a poorly thought out project to revive bellacoin, and discuss with him some way to incorporate games sustainably into a coin. He is paying people to play a well made chess android game. That obviously is not sustainable. Huntercoin is a well made sustainable game coin but has the problem that the game it offers sucks. Neucoin is a coin that lets people play a card game for coins but the coin started with an ico which is crippling longterm.

Androidcryptogames would probably work with you to cooperatively develop both coins but you should messaage him and discuss it.

My opinion.

[sotisoti]

The 1CR relaunch is scheduled for October 20th, 2016.

Official Flyer:

I will be designing the website design, but I have a few more jobs for anyone with the necessary skills to help:

• Game Developer (arcade style)
• Director of Marketing and Community Outreach
• Mathematician / Blockchain expert
• Security Director

Follow 1Credit Official Relaunch twitter account is here: https://twitter.com/1CreditOfficial

Great times lie ahead for all those involved in the process or investing in the mission.

Is relaunch equal to another hardfork? What will happen to the existing coins?

[RXTRR]

The 1CR relaunch is scheduled for October 20th, 2016.

Official Flyer: https://i.imgur.com/kxMCtYk.png

I will be designing the website design, but I have a few more jobs for anyone with the necessary skills to help:

• Game Developer (arcade style)
• Director of Marketing and Community Outreach
• Mathematician / Blockchain expert
• Security Director

Follow 1Credit Official Relaunch twitter account is here: https://twitter.com/1CreditOfficial

Great times lie ahead for all those involved in the process or investing in the mission.

Is relaunch equal to another hardfork? What will happen to the existing coins?

excellent news! tiny market cap too! lowest on polo apparently