[ANN] [MCL] MiracleCoin | No ICO | Proof of Faucet distribution | Traders Coin

[BanditryAndLoot]

just watching rich list on block explorer ........ see tx send and tx recieved of wallets..... its a ton of cheater in. just first one, 114 transfer out and  216 transfer in.


the mayority of wallets should have same tx in,,,,, but isnt.

Top 10 addresses have about 22% of the coins, excluding the 4 premine addresses.

If that's each one person, taking the last payout I got at 4.24 gives 1180 wallets on the network 3 hours ago.

So, we can see that 6 of them are cheating easily (note any wallet that was on the network since the beginning will have ~157 tx's)

I've been here since the first payout, no cheating, and have 1683 MCL

So I see, of those 6, only about two are really cheating the hell out of the system. But, those two only have about a 14x-18x advantage over me.

Interesting to note that even without a correct solution to byzantine general's problem, using at least a proof of work, these coins are becoming power-law distributed.

Of significance here is that saying that using a PoW distribution system for future PoS coins is the best distribution method .. well that might not be the only valid option anymore - turns out we might be able to just ip distribute and have the same effect without people burning power they could be spending on coins that already exist.

Also, I'm not too worried about the cheating. Even the largest wallet, using some form of cheating, only has about 2.47 BTC worth of value, or about $964. If I wanted that much of this coin, I could just try buying it and probably not spend much more than double that.

Also, I forgot about this:

"Maybe they are:
-Exchangers wallet"

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[romawi]

just watching rich list on block explorer ........ see tx send and tx recieved of wallets..... its a ton of cheater in. just first one, 114 transfer out and  216 transfer in.


the mayority of wallets should have same tx in,,,,, but isnt.

Top 10 addresses have about 22% of the coins, excluding the 4 premine addresses.

If that's each one person, taking the last payout I got at 4.24 gives 1180 wallets on the network 3 hours ago.

So, we can see that 6 of them are cheating easily (note any wallet that was on the network since the beginning will have ~157 tx's)

I've been here since the first payout, no cheating, and have 1683 MCL

So I see, of those 6, only about two are really cheating the hell out of the system. But, those two only have about a 14x-18x advantage over me.

Interesting to note that even without a correct solution to byzantine general's problem, using at least a proof of work, these coins are becoming power-law distributed.

Of significance here is that saying that using a PoW distribution system for future PoS coins is the best distribution method .. well that might not be the only valid option anymore - turns out we might be able to just ip distribute and have the same effect without people burning power they could be spending on coins that already exist.

Also, I'm not too worried about the cheating. Even the largest wallet, using some form of cheating, only has about 2.47 BTC worth of value, or about $964. If I wanted that much of this coin, I could just try buying it and probably not spend much more than double that.

Also, I forgot about this:

"Maybe they are:
-Exchangers wallet"

But you know that you can buy this coins at exchanges? So there is no evidence that this user are cheater.

Please show me any proof.

[BanditryAndLoot]

But you know that you can buy this coins at exchanges? So there is no evidence that this user are cheater.

Please show me any proof.

There are cheaters. I don't care. Actually, I encourage it.

In fact, I wouldn't even consider them cheaters. Just opportunists, looking to make a few bucks.

I myself, can be a cheater because I can just call up ten buddies and tell them to run the wallet on their computer, then send money to me.

You're insane if you think people aren't doing that, and no I'm not going to spent a minute digging up proof on something that the developer himself has mentioned as people doing.

You show me proof that people aren't cheating.

Anyways, this isn't about whether or not people are cheating.

It's about the distribution of the coins, and observing that from the rich list, ip distribution is resulting in a power-law distribution. Do you have any comments on the actual focus of my last statement?

[appbox]

Fot those that use Mac OS X

You can run Miraclecoin wallet in windows 8 through Parallels Desktop, it works really well.

You can run Miraclecoin wallet in windows 8 through remote desktop connection, it works really well.


Yes! thats osx version wallet.

[SHNICI]

And BTW some of you who can ltl help to the MCL network... you can set in the    Help -> Debug->Console "setgenerate true" , and if that took much of your CPU.., then you can set it "setgenerate true 1" you will no recive more than the Faucet auto send.., but if your wallet stuck or no communicate for any reason that will help you to be sure u will recive ur rewards. That work good for me and few other ppl here who use it. Or you can set it in the .conf file (if u use any for the MCL wallet):

testnet=0
listen=1
testnet=0
listen=1
addnode=113.170.211.195
addnode=95.39.220.29
addnode=178.62.196.222
addnode=5.134.113.140
addnode=91.134.53.161
addnode=121.9.201.162
addnode=121.233.160.132
addnode=23.233.2.101
addnode=106.127.159.94
addnode=106.187.41.41
addnode=81.241.170.199
addnode=100.42.239.188
addnode=193.16.101.237
addnode=120.24.55.100
addnode=109.87.255.75
addnode=193.16.101.237
addnode=94.190.229.68
addnode=106.185.34.242
addnode=149.254.181.199
addnode=162.255.116.196
addnode=93.62.223.228
addnode=121.9.201.162
addnode=89.111.250.192
maxconnections=300
server=1
daemon=1
gen=1
genproclimit=1
rpcuser=******* (user name u set)
rpcpassword=******* (password u set)
rpcallowip=localhost
rpcport=25661
server=1
rpcconnect=127.0.0.1

Good luck to u all who like that system and who do it w/o cheating

[SHNICI]

And looking for any smart member, who can tell me about the wallets commands: what's the command (or in the .conf file) to can have the option to dell/remove any address from the wallet

Was know it loooong time ago.., but I forgot it and cant find it in the networking search      ...

[xploited]

And looking for any smart member, who can tell me about the wallets commands: what's the command (or in the .conf file) to can have the option to dell/remove any address from the wallet

Was know it loooong time ago.., but I forgot it and cant find it in the networking search      ...

Most wallets (including this one) have no way to delete an address once its been created. Generally you'll see it in wallets that have incorporated Sipa's watchonly functionality but I don't know of many.

[ciprian220]

why not receiving mcl every hour???

[Tekna]

uff .. I  don't understand why my wallet don't works... no, it works but it gives me free coins for 1 hour and after that it gives nothing for 3 hours

[Soots]

I haven't received any coin since 19:00

[madmartyk]

Just received another payment.  1st one in 3 hours.

[infovortice2013]

should be good if dev write some fresh news !!

[madmartyk]

I love this coin, but now I know why it's called Miraclecoin, it's a miracle if you get your coins!   LOL!!

[kcanup]

Payment not happening every hours, its same with everyone.. so relax guys. Take what you are given and its free  

Just leave your wallet open and wait for miracle 

[Russell1]

Our power was off for 2hrs, now my wallet is taking hours to sync. I got the nodes and everything, how can I make it sync faster?

[SHNICI]

Our power was off for 2hrs, now my wallet is taking hours to sync. I got the nodes and everything, how can I make it sync faster?

https://bitcointalk.org/index.php?topic=822317.msg9247068#msg9247068

[FollowMe]

When does distribution phase end?

[BanditryAndLoot]

When does distribution phase end?

When these addresses, on the rich list, are empty. There might be more:

Mpf4RPL88ChzKHP2LXQq8u2APmvpbdMv1B   162616.02446400   0   1   0.00000000   162616.02446400
MsDt9UXJHdzC2qWJjtmnCE33ha7PUKo9TT   162444.00246000   0   1   0.00000000   162444.00246000
Mj4cZbRLuAkGoNVUBxnkysri3NGoY6r1dQ   162185.70376500   0   1   0.00000000   162185.70376500
MfwhxH3pfnKGJSwdcTWbMAYJQzKMRUPdQF   50894.42847700   0   1   0.00000000   50894.42847700

rich list: http://blockexperts.com/mcl

I don't think the dev has commented on it yet, but it's probably gonna take longer than the 8 days originally mentioned in the OP, unless for some strange reason the OP decides to keep what's left of the premine after 8 days.

If we manage to have a payout every hour, about 107.62 more hours until the addresses are empty, so another 4 and a half days minimum I'd guess.

[doger69]

Only 7 payouts in the last 17 + hours
Are the coins gone now or are we waiting again for a fix

[doger69]

I love this coin, but now I know why it's called Miraclecoin, it's a miracle if you get your coins!   LOL!!

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