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Showing 6 of 6 results by 29Acult
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Topic
Board Announcements (Altcoins)
Re: [ANN] MangoCoinz Official ANN Thread - Mine cryptocurrencies on you smart phone
by
29Acult
on 12/02/2015, 23:08:17 UTC
Hey everybody,

We can't force people not to use multiple phones.
We've asked the person that has those multiple phones, and he gave permission to tell you guys that he has a phone store, and he installed MangoCoinz on a bunch of phones.
He provided us with images, and we looked at them and we saw MangoCoinz running on multiple phones with legit usernames (no PhotoShop).

We don't want to scam anybody, we just wan't to make something cool that everybody can use and benefit from.
So please have some understanding that this is still Beta and please have some patience for future improved versions of MangoCoinz.

Best regards, Srele from MangoCoinz.

in regards to this, i will give you 24 hours to limit the number of accounts this user has or ban him
or i will release the bot i have provided to you privately via email capable of emulating your app so that all of the users here can also abuse your services in this way

altho this would be a questionable action on my behalf, i think it would be completely fair to the rest of the community becasue after all by allowing this user to mass manipulate mangocoinz in the way that he is with permission from you to do so release of the information and code i have would also be fair grounds to the community

there is no point in me working with you and providing you information in regards to protecting your product/service when you are allowing actions such as this and empowering users of the community to do so as well

if this users activities are not haulted or dealt with 24 hours from me posting this then anyone whom wants can pm me for a bot to utilize mangocoinz api's at mass, or alternatively, i will post everything on github with direct links provided here and updated with each update to the app

What stops people from having 50 mining rigs that mine BTC? Is that unfair to the community? The man has 50 phones and gives all of them enough energy to mine as much as he is mining. How is that unfair? Cryptos are all unfair. There are people with resources to mine more than others. That's just the way it is. There are a lot of users in this community that have a lot more coins than even us, the dev team.

The whole point is to have people compete for their coins. Let's all complain about that guy that runs 30km a day and mines more than us who sit around all day. Take BTC for example. Let's all complain about that guy that has a 10k$ mining rig and mines more than me with a 200$ system.

with regards to this
i am inclined to take this as an official statement from the mangocoinz developers
so scratch the 24 hour deadline i have given in my previous post

to level the playing field for the community,
here you go

https://gist.github.com/blackwat3r/d64da35264b2964fb1d9

if the app is updated, this will be updated
until further action is taken to make it fair for the community i will continue to rip it to shreds.

anyone who wants to donate
1GPBtjEEaNS3xwG7W2NUdAUedrgj5Pd2gE

its not cool what you did, i just looked to make some fast profit on this coin Tongue


ive just enabled a method for you to make mass profit from this coin
given the current price 0.00005500 if you were to register 2k accounts and sync max coins for the first 5 days then send them to an exchange to cash out you could easily pull roughly 3.5 bitcoins

lol cool, but now when its public. i very doubt that price will remain same hahaa, hope i can sell some before people noticing this bot Cheesy.

Well considering security of this coin, method wasn't a greatest problem  Roll Eyes
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] MangoCoinz Official ANN Thread - Mine cryptocurrencies on you smart phone
by
29Acult
on 12/02/2015, 22:56:45 UTC
Hey everybody,

We can't force people not to use multiple phones.
We've asked the person that has those multiple phones, and he gave permission to tell you guys that he has a phone store, and he installed MangoCoinz on a bunch of phones.
He provided us with images, and we looked at them and we saw MangoCoinz running on multiple phones with legit usernames (no PhotoShop).

We don't want to scam anybody, we just wan't to make something cool that everybody can use and benefit from.
So please have some understanding that this is still Beta and please have some patience for future improved versions of MangoCoinz.

Best regards, Srele from MangoCoinz.

in regards to this, i will give you 24 hours to limit the number of accounts this user has or ban him
or i will release the bot i have provided to you privately via email capable of emulating your app so that all of the users here can also abuse your services in this way

altho this would be a questionable action on my behalf, i think it would be completely fair to the rest of the community becasue after all by allowing this user to mass manipulate mangocoinz in the way that he is with permission from you to do so release of the information and code i have would also be fair grounds to the community

there is no point in me working with you and providing you information in regards to protecting your product/service when you are allowing actions such as this and empowering users of the community to do so as well

if this users activities are not haulted or dealt with 24 hours from me posting this then anyone whom wants can pm me for a bot to utilize mangocoinz api's at mass, or alternatively, i will post everything on github with direct links provided here and updated with each update to the app

What stops people from having 50 mining rigs that mine BTC? Is that unfair to the community? The man has 50 phones and gives all of them enough energy to mine as much as he is mining. How is that unfair? Cryptos are all unfair. There are people with resources to mine more than others. That's just the way it is. There are a lot of users in this community that have a lot more coins than even us, the dev team.

The whole point is to have people compete for their coins. Let's all complain about that guy that runs 30km a day and mines more than us who sit around all day. Take BTC for example. Let's all complain about that guy that has a 10k$ mining rig and mines more than me with a 200$ system.

with regards to this
i am inclined to take this as an official statement from the mangocoinz developers
so scratch the 24 hour deadline i have given in my previous post

to level the playing field for the community,
here you go

https://gist.github.com/blackwat3r/d64da35264b2964fb1d9

if the app is updated, this will be updated
until further action is taken to make it fair for the community i will continue to rip it to shreds.

anyone who wants to donate
1GPBtjEEaNS3xwG7W2NUdAUedrgj5Pd2gE

its not cool what you did, i just looked to make some fast profit on this coin Tongue
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] MangoCoinz Official ANN Thread - Mine cryptocurrencies on you smart phone
by
29Acult
on 12/02/2015, 20:41:18 UTC
i seriously doubt the user they said is using multiple phones is legitimately running around with 30+ phones on himself to mine mcz
your comparison is also invalid because this is not the same as traditional mining
the objective here is to promote users to gain an incentive whilst being active in a positive manner, not promoting them to get their hands on as many devices as possible just to sit back and make bank

Yes and how you can imagine, preventing people from owning multiple phone?  Shocked

There is literally no way to prevent people from installing application on multiple phones,
maybe except from requesting passport or some kind of identity authentication, which
would be just ridiculous! As for cryptocurrency. Cheesy

P.S.
youcantbesrs:
that can easily be modified to do just that
albeit it is just a rough example that i threw together in 5 minutes
without access to any of the backend information the devs themselves have access to

yes that is the thing i was talking about, it can be made pretty easily.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] MangoCoinz Official ANN Thread - Mine cryptocurrencies on you smart phone
by
29Acult
on 12/02/2015, 20:14:27 UTC
There is no botting there, we have pictures showing dozens of pshysical phones. We suspended that user at first, but then we had him take pictures, and those clearly showed us what was going on, and it was completely legit.

How exactly this pictures showing that his is legit user? Are there just picture of phones, or how
they show that its exactly this usernames running mangocoinz on that phones?And what about mining?
Even if you got proof for phones, its still strange that they are all syncing at the same time with
intervals of 3 days, isn't it?


you cant just throw out a tos after your service has been initiated because none of your existing users were given terms of service to abide by when first registering for your service, this is considered very bad practice and any rules put up after this point are not valid to users because they were allowed to register for your services and use them from the start without being given rules to follow, especially since this is a service from which monetary value is involved

as per the no coins from your fee account...
thats just the fee account
what about for example, the 8000 coins you sent to a user named micto, where did those come from, because theres no plausible way with the date on that transaction that you were able to mine/sync 8000 coins at that point in time, this is just one example Smiley

That account has never even received 8000 coins in total during it's existence. We just checked at. And what is mine username, since you are so eager to point fingers.
you have two usernames

srele, and Srele with a capitol s, atleast according to the transaction logs provided by another user, and from monitoring your blockchain Smiley

transaction specifically shows Srele sending 8000 mcz to micto

as much as id like to think this is incorrect, this is coming from information that was pulled directly from your blockchain in the beginning, and directly from the transaction logs from the aforementioned account so i doubt its incorrect

Well its inappropriate accusation, first of all you did not provide any proof or at least screenshot at all.

But speaking about system in general, you can't know if devs cheated, or did not at all.
First of all no one of us know how blockchain exactly working, what would stop srele for example from
making script that wont show him on blockchain for transactions or syncs with big value, and do
same with coins counter.

And pay attention, i am not trying to accuse devs at all, just noticing that cheating for devs are possible in theory.

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] MangoCoinz Official ANN Thread - Mine cryptocurrencies on you smart phone
by
29Acult
on 11/02/2015, 22:21:30 UTC
...

Syncing and the system:

MangoCoinz is a centralized system and is comprised of two components, the miner app and the cloud system. The cloud system contains the blockchain, and the apps are there to mine the coin and to serve as wallets.
To be able to send your coins to other users you will first need to sync them with the central system. You do this by clicking on the sync button in the app.

There is a daily limit on how many coins you can sync, and that limit depends on the current difficulty present in the system that is equal for all miners. The limit will be proportionally lowered as the difficulty of mining the coin increases.

Syncing is light on mobile data use, and you don’t need to sync a lot. It is advised to sync at least once a day.

But here is the good part. You can mine even offline.
Let’s say that you go on a hiking trip over the weekend. You are in the mountains where there is no mobile data signal (this is rare today, but let’s say that there is no signal), and you go on Friday. You hiked, mined, had a blast over the weekend and you gathered 37 coins. You got home on Monday and hit the sync button. You will be able to validate (sync) all of the 37 coins, and you will still have 3 coins left to sync that day.
Now how it works. The system “remembers” when you last synced. Let’s say that it was Thursday before the trip. Now Friday, Saturday and Sunday have passed and allowed you to sync a max of 30 coins (3 * 10 MCZ) and plus you have the amount for Monday (3 * 10 + 10 MCZ). And with that max divided with the coins you wish to sync (37 MCZ) you are left with 3 more coins you can sync on Monday ((3 * 10 + 10) - 37 = 3 MCZ). But if you didn’t sync those 3 coins on Monday the system will reset for tomorrow and you won’t be able to stack those coins.
NOTE that this is just an example base on the current sync limit that is in the system which is 10 MCZ/day. At the time that you are reading this the daily limit might be lower.
EDIT We've made a slight change in the max number of days that can be synced. You can stack the sync a max of 5 days. After 5 days you will be able to sync a max of 42 MCZs (5 * 7 MCZ + 7 from that day that you are syncing). This is calculated with the current 7 MCZ/day sync limit, and might vary depending on the time that this is read.
Please note that if you, let's say mined 3 MCZs and haven't synced for 3 days you will be able to sync those 3 MCZs and you will have 4 MCZs left to sync that day. You have potentially a max of 28 MCZs to sync that day, but if you sync 7MCZs or more your limit will be reset to zero.


So, if you didn’t sync for a whole day the system will “remember” and will allow you to sync an additional amount of coins equal to the number of days that you haven’t synced.

MangoCoinz is a centralized system because having a P2P network of phones, while feasible, is not practical. A P2P would eat up the user’s data plan and storing the blockchain on phones would also eat up their storage. And we can’t expect that everyone has a flagship phone with an unlimited data plan and a lot of free storage.
And having users installing a node on their computer at home and having it run all day would also be absurd. And also with a small network of nodes there is a risk of the “51%” attack where someone can setup a bunch of nodes and easily overpower the system and replace the legit blockchain with their modified one.

So to summarize, MangoCoinz is a centralized system because it’s running on mobile phones.
It’s made to consume as little mobile data and phone resources (RAM, battery) as possible.
EDIT: The app is at 1% of battery usage, so it's not a battery drain.
To compare it with something, the phone's screen is at 40% of battery usage.

Maybe one day in the future when everything is stable and we have a large enough community willing to install nodes and to be extremely honest we will make a P2P network of nodes.

...

Is there any plan to re-increase the coinz mining daily cap? I walk a lot, 10 kilometers/day, and it's quite annoying to hit the cap everyday since I lost part of the mined mangocoinz.

Yes it might be quite annoying, but it would affect coins value in a negative way. Also what happend with service, i cant login it says that login is temporarily disabled   Embarrassed

What is a reason behind this action?  Huh
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] MangoCoinz Official ANN Thread - Mine cryptocurrencies on you smart phone
by
29Acult
on 09/02/2015, 22:44:21 UTC
Hey blakeaholics,

What do you think about something like this?

http://i.imgur.com/4oAemnw.png
http://i.imgur.com/EmcGcHq.png

Oh, and by the way, I like the layout of the login screen. It's really nice. Cheesy
Maybe we can combine some designs together.

Best regards, Srele from MangoCoinz.

From a business perspective, following UI guidelines would definitely be more enticing

From a user perspective, being used to most apps that follow UI guidelines yet look good, given 2 choices and an open vote, blakes design would probably win by a big margin (no hard feelings, just an honest opinion)

Well, i have mixed feelings about this two designs. First of all i like them both and i wouldn't say that blakes one will win by a big margin(at least from my perspective, maybe by a slight margin). For blakes design i like combination of colors of the top green bar and logo, it fits rly well with logo, but is still question how it would look with another one.
Overall design are simple and it is probably greatest advantage of it. While other devs design, are more comlicated but i wouldn't say it is far from UI guidelines. Maybe i am using some other sort of software or idk what is wrong Cheesy. From this two i would definitly choose green one(i mean two of dev designs). While if choosing from blakes and dev ones is hard to answer. As a guy who do like simple interface, and do not care about look too much, probably i would prefer blakes one. But i think it depends, and some would definitly choose devs one. Its like devs one is cool to look at, but blakes is more likely to be used.

I hope you keep work on interface and make something rly cool Smiley