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Author Topic: [ANN][SMC] SmartCoin | Next generation currency | continued development  (Read 157088 times)
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Mjbmonetarymetals
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March 28, 2017, 01:56:05 PM
 #1201

Smartcoin site & explorer is forwarding to https://gitlab.smartcoin.cc/users/sign_in

Any info on this  Shocked ?

It's fixed, thanks for the notice. (Note: May need to clear browser cache or wait a certain amount of time on your end.)

Nice work, all good  Grin

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March 31, 2017, 12:00:43 PM
 #1202

do you got a plan to add something like dash's masternodes or zero knowledge ??
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March 31, 2017, 04:58:37 PM
Last edit: April 03, 2017, 06:24:53 AM by BitcoinNational
 #1203

no.
simple. light weight but ROBUST network.  
backed by smart investors.

UNLESS psionin has some big ideas hardforking anything short of telepathy is a NOPE!

https://steemit.com/altcoins/@bitcoinnational/smart-2020-index

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notsofast
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March 31, 2017, 10:12:09 PM
 #1204

I picked this coin as a "super secret" coin to accumulate earlier in the year. Very cool to see how you're carrying on this legacy blockchain, psionin.

It became a bit of a guessing game to talk about it indirectly with people trying to figure it out. I hope it create a little buy action and value to encourage some more work on the portfolio app, which I think is absolutely awesome.

dm me on Twitter if you want to talk, dev!

twitter.com/notsofast
blg42598
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April 01, 2017, 05:46:14 AM
 #1205

Is there a roadmap? I heard from somewhere MNs are in the works?
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April 01, 2017, 06:57:54 AM
Last edit: April 01, 2017, 12:23:49 PM by psionin
 #1206

I picked this coin as a "super secret" coin to accumulate earlier in the year. Very cool to see how you're carrying on this legacy blockchain, psionin.

It became a bit of a guessing game to talk about it indirectly with people trying to figure it out. I hope it create a little buy action and value to encourage some more work on the portfolio app, which I think is absolutely awesome.

dm me on Twitter if you want to talk, dev!

Hey, it's great to hear such feedback. I've actually been using the portfolio manager myself, and it's been quite helpful in tracking a bunch of different coins at once without having to keep looking them up and reloading pages. There didn't seem to be much interest about it at first, but maybe now it can be moved to the front burner.

As for SmartCoin in general, my goals have been to keep this thing together as an autonomous, decentralized, and open project, and to make it easy for anyone wanting to participate in a beneficial and constructive manner to add their contributions, if they fit in and make sense, while ensuring that basic underlying functionality (such as adequate exchange listings and fast blockchain synchronization) remains in place.

For a while, there may have been some doubts about the nature and purpose of this project, such as when too many alts were being made and taking up investor attention, or when the idea of Bitcoin being the only real cryptocurrency was becoming widespread. It is now more clear that scaling the crypto ecosystem cannot happen with Bitcoin alone, and that alts are very much needed in this growing economy.

In regards to the question about future updates to the node code, it is certainly possible and may be done, but it is important to be cautious and make such changes count. There is also value in blockchain immutability, and it is arguably better to keep a stable version in place rather than to have potentially conflicting updates on the network. So first and foremost I think it is important to recognize that SmartCoin is already successful in the state that it is in right now, that it has the same type of "digital gold" properties as Bitcoin, and that it could be relied upon to function and provide a means of value storage and exchange in the years to come.
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April 01, 2017, 10:38:44 PM
 #1207

I picked this coin as a "super secret" coin to accumulate earlier in the year. Very cool to see how you're carrying on this legacy blockchain, psionin.

It became a bit of a guessing game to talk about it indirectly with people trying to figure it out. I hope it create a little buy action and value to encourage some more work on the portfolio app, which I think is absolutely awesome.

dm me on Twitter if you want to talk, dev!

Hey, it's great to hear such feedback. I've actually been using the portfolio manager myself, and it's been quite helpful in tracking a bunch of different coins at once without having to keep looking them up and reloading pages. There didn't seem to be much interest about it at first, but maybe now it can be moved to the front burner.

As for SmartCoin in general, my goals have been to keep this thing together as an autonomous, decentralized, and open project, and to make it easy for anyone wanting to participate in a beneficial and constructive manner to add their contributions, if they fit in and make sense, while ensuring that basic underlying functionality (such as adequate exchange listings and fast blockchain synchronization) remains in place.

For a while, there may have been some doubts about the nature and purpose of this project, such as when too many alts were being made and taking up investor attention, or when the idea of Bitcoin being the only real cryptocurrency was becoming widespread. It is now more clear that scaling the crypto ecosystem cannot happen with Bitcoin alone, and that alts are very much needed in this growing economy.

In regards to the question about future updates to the node code, it is certainly possible and may be done, but it is important to be cautious and make such changes count. There is also value in blockchain immutability, and it is arguably better to keep a stable version in place rather than to have potentially conflicting updates on the network. So first and foremost I think it is important to recognize that SmartCoin is already successful in the state that it is in right now, that it has the same type of "digital gold" properties as Bitcoin, and that it could be relied upon to function and provide a means of value storage and exchange in the years to come.

This is exactly the kind of thoughtful response I had hoped to hear. I know with the recent high-valuation of masternode coins (DASH and PIVX) there is pressure for legacy blockchains like Smartcoin's to attempt to capture some of that price-hype by an encouragement to hardfork to include that system ("because it's already x11" or so the wishful thinking goes). The truth is, more long-term value is built on staying the course of what has been planned for the coin from the beginning, and leveraging its best assets (name, simplicity) as you have already been doing.

I'm glad you chose to keep Smartcoin and its related assets alive through the 2015-2016 period you mentioned when altcoins in general were overpopulated and overextended. As the illegitimate projects fall away into segregated, speculation-only markets like Yobit, there's much potential for a re-evaluation of legacy blockchains like SMC which have stood the test of time.

Specifically, I've always hated the time I have to spend updating my portfolio spreadsheet manually. I don't have the technical chops to have each field complete the api call to each coin's block explorer, and I'm sure each explorer works differently. The closest tool to what you've created is the Coinigy Marketwatch app, and though it allows you to enter an altcoin's address manually, it doesn't scoop price or quantity information from any exchanges, and thus doesn't work (except as an aggregator of your balances across supported exchanges). If Smartcoin's hold-to-unlock live portfolio manager could allow for address entry of any altcoin listed on Coinmarketcap, that would be amazing. Even a tiered price model where one would need to hold 1000 SMC for each five addresses whose balance the tool would track, would be fantastic.

In any case, thank you for your response and your continued attention. Anytime you want to contact me for help or discussion please feel free!

twitter.com/notsofast
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April 04, 2017, 10:19:06 AM
Last edit: April 04, 2017, 10:38:47 AM by psionin
 #1208

Next SMC block halving is in ~10K more blocks, sometime in early April. This would reduce the block reward to 4 SMC.

Going to have to think about how to run the network in the long term when there are no block rewards from coin base. Perhaps having a miner on standby that runs only when a transaction is sent could work. That should be more efficient for a network that doesn't have a constant stream of transactions, than generating new coins all the time. The other option is a fork for a 1-2% tail emission, which could work better. Lots of time to think about this, a few years, but it should be resolved ahead of time.


Looks like the calculations in the OP following the last block halving are not quite accurate. Instead of halving every year after 562,800, it halves every two years.


The line

Code:
    nSubsidy >>= (nHeight / (forkBlock3 + 262800));

should have been

Code:
    nSubsidy >>= ((nHeight - forkBlock3) / 262800);

in order for the halving to be every year.


So the next halving is actually a bit more than a year from now.
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April 08, 2017, 07:45:33 AM
 #1209


http://smc.miningfield.com/index.php

____________

@psionin

in #blocks per halving? do you know?

epoch0 r=32 @block#1
epoch1 @block#999999 r=xx
epoch2 @block#999999 r=xx
epoch3 @block#999999 r=xx
epoch4 @block#999999 r=xx
epoch5 @block#999999 r=xx
epoch6 @block#999999 r=xx
etc

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April 08, 2017, 08:10:49 AM
 #1210


http://smc.miningfield.com/index.php

____________

@psionin

in #blocks per halving? do you know?

epoch0 r=32 @block#1
epoch1 @block#999999 r=xx
epoch2 @block#999999 r=xx
epoch3 @block#999999 r=xx
epoch4 @block#999999 r=xx
epoch5 @block#999999 r=xx
epoch6 @block#999999 r=xx
etc


Not sure I understand the question, but here is the updated schedule. It's the same as it has been, except that the 8, 4, 2, and 1 rewards actually have a longer time frame. Updated schedule:


intervalrewardtotal coins
-1400,000400K
-1,0001401K
-200,0006413,137K
-300,0003216,337K
-562,8001620,542K
-1,125,600825,044K
-1,688,400427,295K
-2,251,200228,421K
-2,814,000128,984K
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April 08, 2017, 09:25:37 AM
 #1211

Do not understand the question, yet you knew the exact Answer!  Grin
Much Thanks.

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April 08, 2017, 04:51:02 PM
Last edit: April 08, 2017, 05:09:11 PM by BitcoinNational
 #1212

thinking out loud.

A. create an ICO, tokens given in exchange for SMC.
B. repeat.
C. repeat.

Well managed, straight forward, DAC/enterprise dev studio!?  Grin

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.WHITEPAPER.
ANN Thread
Reddit

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  ─────────────  Join
SMARC token ICO

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psionin (OP)
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April 11, 2017, 02:39:25 PM
Last edit: April 16, 2017, 12:33:19 PM by psionin
 #1213




Have been doing regular updates to the portfolio tracker. Added coinmarketcap as an additional source of info.
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April 12, 2017, 02:23:17 PM
 #1214

Must be a promising project. Investors must be holding, not a lot of sell orders on Yobit nor Cryptopia.



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veil|     PRIVACY     
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|   NO ICO. NO PREMINE. 
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April 12, 2017, 08:22:53 PM
 #1215

Dont you want to remove the Cryptsy reference from the homepage ?

-----------

HelpTheCoin
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April 13, 2017, 05:43:08 PM
 #1216

Dont you want to remove the Cryptsy reference from the homepage ?

-----------



BTCPool.exchange doesn't work either..
psionin (OP)
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April 14, 2017, 05:38:53 AM
 #1217

Dont you want to remove the Cryptsy reference from the homepage ?

-----------



BTCPool.exchange doesn't work either..


Okay, that's done.
psionin (OP)
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April 18, 2017, 05:12:44 AM
Last edit: April 18, 2017, 06:12:04 AM by psionin
 #1218

== Short Term Roadmap ==

* Update wallet release to the 0.10 core
* Android wallet

Then back to the portfolio manager / algo trader

Other possibilities for development:

* Electrum server for running wallets that don't need to download the blockchain
* Trezor or other hardware wallet support
* Web wallet
* Mining changes, permanent 1% tail emission to ensure there is always incentive to confirm transactions

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April 19, 2017, 08:04:56 PM
 #1219

== Short Term Roadmap ==

* Update wallet release to the 0.10 core
* Android wallet

Then back to the portfolio manager / algo trader

Other possibilities for development:

* Electrum server for running wallets that don't need to download the blockchain
* Trezor or other hardware wallet support
* Web wallet
* Mining changes, permanent 1% tail emission to ensure there is always incentive to confirm transactions



Nice, thanks for keeping us updated dev.



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veil|     PRIVACY     
     WITHOUT COMPROMISE.       
▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂
|   NO ICO. NO PREMINE. 
   X16RT GPU Mining. Fair distribution.   
|      The first Zerocoin-based Cryptocurrency       
   WITH ALWAYS-ON PRIVACY.   
|



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April 29, 2017, 10:38:34 AM
 #1220

None Local Revitalization.

https://www.youtube.com/watch?v=deHUBVwNrbg

Terence McKenna - Permitting Smart People to Hope (Lecture)

Calling all gathers.

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