[ANN] Woodcoin [LOG] Pure Skein POW, Logarithmic Release, No Premine nor ICO

[Ravenclaw]

It's ashame theres no Rentable DoubleSkein rigs ;c

I'll rent you one for $11 a month.

Or you can rent one from DigitalOcean yourself for $5 a month.

This reminds me: I should write a guide on doing so.

Please do. Sounds interesting. 

[bitillionaire]

It's ashame theres no Rentable DoubleSkein rigs ;c

I'll rent you one for $11 a month.

Or you can rent one from DigitalOcean yourself for $5 a month.

This reminds me: I should write a guide on doing so.

Please do. Sounds interesting. 

Alright. I'll write it and post it at Woodcutting.club

Which now has SSL enabled, by the way, ya'll. Sorry it took me awhile to figure out what was wrong with the SSL there.

[bitillionaire]

It's ashame theres no Rentable DoubleSkein rigs ;c

I'll rent you one for $11 a month.

Or you can rent one from DigitalOcean yourself for $5 a month.

This reminds me: I should write a guide on doing so.

Please do. Sounds interesting. 

Here you go: https://woodcutting.club/showthread.php?tid=7

[bitillionaire]

I've changed Woodcutting.club to instant activation but let me know if anyone has any problems getting their account to work.

[Ravenclaw]

It's ashame theres no Rentable DoubleSkein rigs ;c

I'll rent you one for $11 a month.

Or you can rent one from DigitalOcean yourself for $5 a month.

This reminds me: I should write a guide on doing so.

Please do. Sounds interesting. 

Here you go: https://woodcutting.club/showthread.php?tid=7

Brilliant. Thank you so much.  

[funkenstein]

Baruk Khazad Woodcutters!

There have been a couple minor updates in the github repo to clean out garbage (such as remnants of checkpoints).  Those who are building the client from source, please take a look. 

In other news, there might be some more interesting changes in the pipeline.  Those who are curious please take a look at the mailing list where some development discussion has been taking place:

http://fre.erepublic.party/cgi-bin/mailman/listinfo/woodcoin

I'd like to hear from anyone who is interested in pool operation, because we are considering making a HARD FORK to add a signature to the woodcutting procedure which would mean: NO MORE POOLS. 

The basic idea is that this would have to happen now before LOGs are too valuable and nobody will dream of touching a hard fork with a 10 foot cedar log roller.  Woodcoin has always been mostly a solo chopping affair, so this probably wouldn't be much of a change for you, just that - understanding the motivation requires thinking pretty far ahead.  Even further ahead than where bitcoin is right now. 

Let me know what you think during the lunch break or something, I don't want to interrupt your chopping for too long. 

[funkenstein]

Happy Birthday Woodcoin! 

To all my choppers, thanks SO MUCH for being part of crypto history, and you have really, are really, *inaudible*.

(pauses to dry eyes with beard)

The festivities are hereby declared open.  A few hours ago this small tree offered it's token of good luck on our mission. 

[SalimNagamato]

the tree in this picture looks very alive, and beautiful
I hope the coin LOG will be alive too

[funkenstein]

LOG Trust - Request for Participation


I have been working for some years now in perfecting the art of building cryptographic trusts.  In continued experimentation I would like to build and manage a LOG trust to be held by some of the early LOG holders. 

Participation is free of charge, as I will be the sole benefactor of the trust.  However it will require some time in understanding how the trust works, and managing keys, in order to manage a stack of LOG.  I am seeking trustees who are interested to do this. You will be regularly compensated (a small sum of LOG) for participation.

I won't bore you with the details here, but if you are interested please contact me and I will send you more details personally.  You can use the forum message, find me on freenode #woodcoin, or email.  Thanks! 

funkenstein_the_dwarf

[SalimNagamato]

only bots on IRC
and then i went to sleep

[SalimNagamato]

some want to remove this hundreds years old tree.

http://xnet.ynet.co.il/articles/0,7340,L-4722939,00.html

[funkenstein]

only bots on IRC
and then i went to sleep

OK Salim, well thanks for stopping by.  Sometimes people wearing headphones, chopping LOGs, you know how it goes.  I will send you prospectus; I thought you'd be interested!

 

[funkenstein]

Beautiful Sycamore thanks; a giant brontosaurus leg.  With baby tyrannosaurus there perched.      
Some maples here for ya.

[pokeytex]

So I have decided to take a position in Woodcoin today.  Partly because I like dwarves and partly because I like trees.

Go "Bruenor Battlehammer!"

 

-pokeytex

[maokoto]

Wow this coin looks good indeed. I have read you can mine through the wallet I am right? I only have an old 2 core cpu, though

[funkenstein]

Wow this coin looks good indeed. I have read you can mine through the wallet I am right? I only have an old 2 core cpu, though

Welcome Maokoto

Yes you can mine through the wallet, you have to issue the command "setgenerate true" to the debug console to start woodcutting.

Even old CPUs will still get you a little bit of LOG every day at current difficulties.  

At the moment if you can get 500k hash/sec, like my old AMD E1 cpu gets, you get 1% of blocks or so.  That's about 7 blocks per day, 25 LOG or so.  

[SalimNagamato]

Wow this coin looks good indeed. I have read you can mine through the wallet I am right? I only have an old 2 core cpu, though

Welcome Maokoto

Yes you can mine through the wallet, you have to issue the command "setgenerate true" to the debug console to start woodcutting.

Even old CPUs will still get you a little bit of LOG every day at current difficulties. 

At the moment you can get 500k hash/sec, like my old AMD E1 cpu gets, you get 1% of blocks or so.  That's about 7 blocks per day, 25 LOG or so. 

be sure to use Linux and compile wallet from github source
will get you some more hash rate

[SalimNagamato]

is this finally starting to moon ?

maybe try bittrex ? or other big exchange ?

[pokeytex]

Anything new or any news going on with this coin?  I don't see much in the way of chatter in this forum?  Is Dev still active?

[funkenstein]

Anything new or any news going on with this coin?  I don't see much in the way of chatter in this forum?  Is Dev still active?

Hey Pokey, we are still here, working on a few things.  A lot of talk has moved to freenode IRC: #woodcoin as well as a dev. mailing list.  IRC logs available at http://woodcoin.xyz.   

Mailing list at

http://fre.erepublic.party/cgi-bin/mailman/listinfo/woodcoin

Drop by sometime:  http://webchat.freenode.net

I'll try to update this thread more regularly.  There is active development on a couple different wallet projects, as well as some related projects including a community escrowed development fund. 

Some other active urls:

http://www.logaddress.org/index.html   <--  offline wallet generator, address manipulator 
https://c-cex.com/?p=log-btc   <--   exchange
http://www.multifaucet.tk/index.php?blockexplorer=LOG&charts  <--  charts / stats

Woodcutters beat their previous record this week with an all time difficulty high of 44.24.  I can only assume GPU chainsaws are to blame, but one never knows.  The variance has also been high leading to some periods of very slow blocks. 

Keep choppin' and enjoy -   funkenstein_the_dwarf