Post
Topic
Board Announcements (Altcoins)
Re: [NINJA][SCRYPT] GraphCoin [ROADMAP][NO ICO/PREMINE]
by
GraphDev
on 26/05/2015, 13:35:02 UTC
Post Fork Update
Arbitrage:

Thanks everybody for sticking with this project, there's been a few ups and downs, having to change the roadmap and forking etc.  I think that's all behind us now, and we can start to really get to the good stuff.  We have a very early beta look at what the arbitrage bot is going to look like.  We took the same layout as the statistics tab in the wallet, and starting building on that.  Right now what we have is a very basic arbitrage bot.  We haven't quite got it burning the coins yet, which you'll see in the picture, but it has been working.  So far we have made about .08BTC in 2 days running it, which is about what we expected.  Sometimes it loses money when the coins don't confirm fast enough to make the trade, but the algorithm is set to not 'gamble' too much BTC and tends to stay away from long confirm coins.

So enough talk, here's what you can expect it to look like:


With this said, we are most likely going to meet the June 1st deadline for this.  The coin burning may not be functional but we should have a working beta to release before we focus our efforts on the Auxiliary POS tech.  Later today we will release the updated Mac wallet, with the enhanced functionality and the new seednodes built in.