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Basically what I thought it would be. As I understand it, Cryptsy kept most of their coins in cold wallets that were separate from their servers; probably on flash drives. Very little of each coins actual currency was kept on the main servers. This is why when you tried to withdraw large amounts of some coins it would take a while for the order to actually be processed... Or they were employing fractional reserve methods and had to locate enough coins elsewhere to fill the order.
Whoever made off with the cold wallets, escaped with most of the users coins.
Guys I'm test sending Octo between 2 wallets I have and have found wallet either freezes or gives transaction too large error on transactions over 50,000. I managed to get 1 transaction through of 100,000 but no luck after that. I will be burning close to a million octo, so at 50.000 each that would be close to 20 transactions. Would that be too much? Or is their some workaround I don't know about for large transactions?
The problem with the transaction being too large isn't the number of coins, but the number of different inputs. Every transaction received by your wallet equals an input. If you have a bunch of smallish deposits into your wallet, then you will quickly max out the transaction size.
The wallet tries to combine the largest (coin wise) inputs together to create the withdrawal. Once it gets through the larger coin chunks, it starts using smaller and smaller chunks of coins. Since a finite number of inputs can be placed into a block, less total coins fit into a transaction.
If you send all of your coins in large chunks to a single address, you should be able to then send them all at once to the burn address. I sent over 1.15 million yesterday in one chunk after combining them to a new address. It took me around 15 transactions to get my coins over to the new address. Once I had that done they easily sent to the burn address in a single chunk.
gw is correct. and honestly you should be able to get them all to one address sending chunks at a time, but if you can't i don't think it's that big of a deal. it would make it easier on us as far as managing it from one address. however, robert did say as long as you are using the same Counterwallet address for each different octocoin address transaction to the burn address, it will work because it will still pull all those transactions together by the similar Counterwallet address. Either way you will only receive one transaction back for all of your OCTO to 1 Counterwallet address. It just means when we have issues and are sifting through transactions to the burn address we won't have to go through as many.
Yep you are right, sorry if I missed the answer earlier in thread all the coins I sent to test address are now able to send in 1 chunk(860,000+). Last question! Should I email you new octo wallet address(to replace old one) or just resubmit the form?
Ok I am going to create a new address in my wallet and send all my coins there. Then I'll start sending them to the burn address. So the address I have on the google form won't be correct.
Now that you have all of your coins in one address; you could send them to the address that you submitted on the form, and from there to the burn address. This will help eliminate any mix-ups in the distribution.
This is one of the reasons that I suggested using an auto-responder service... People who had submitted their info to the list could have clicked a link from their sign up email and updated their information in their accounts, if needed... but someone decided not to go that route...
Guys I'm test sending Octo between 2 wallets I have and have found wallet either freezes or gives transaction too large error on transactions over 50,000. I managed to get 1 transaction through of 100,000 but no luck after that. I will be burning close to a million octo, so at 50.000 each that would be close to 20 transactions. Would that be too much? Or is their some workaround I don't know about for large transactions?
The problem with the transaction being too large isn't the number of coins, but the number of different inputs. Every transaction received by your wallet equals an input. If you have a bunch of smallish deposits into your wallet, then you will quickly max out the transaction size.
The wallet tries to combine the largest (coin wise) inputs together to create the withdrawal. Once it gets through the larger coin chunks, it starts using smaller and smaller chunks of coins. Since a finite number of inputs can be placed into a block, less total coins fit into a transaction.
If you send all of your coins in large chunks to a single address, you should be able to then send them all at once to the burn address. I sent over 1.15 million yesterday in one chunk after combining them to a new address. It took me around 15 transactions to get my coins over to the new address. Once I had that done they easily sent to the burn address in a single chunk.
I do back up my wallets, but that's just me copying wallet.dat and moving it somewhere else.
Only octocoin addresses I've used is the one to receive from pools and one for faucets way back when. In other coins' wallets, I can see specific addresses in "send" and "receive" sections. The Octo wallet just has a "request for payment" form when I click on the receive button.
Only octocoin addresses I've used is the one to receive from pools and one for faucets way back when. In other coins' wallets, I can see specific addresses in "send" and "receive" sections. The Octo wallet just has a "request for payment" form when I click on the receive button.
If you want to see all of the addresses that have been used as receiving addresses in your OctoCoin wallet: Click on "File" then go down to "receiving addresses" and it will show a list of all addresses that have received coins in that wallet.
Solo mining will also create new receiving addresses in your wallet, too... sometimes a new one for every block found.
So here's my test transaction from last week sent to the burn address.
Is "Input" the address I should be listing in the google form?
Is "Input" the address I should be listing in the google form?
If you have had transactions received by more than one address, then there will be different addresses as inputs, even if you send them all at once. I had wallets on a couple of different computers and each had multiple addresses and I sent them all to a newly created address and used that address on the form and to send my coins to the burn address.
Your best bet, to insure you get credit for all of your coins is to: 1. Create a new address... 2. Send all of your coins to that address... 3. Use that address on the Google form for the burn.
Lifeforce.info pool is back up, if anyone is interested in throwing some hash there, again. Only a few more days until the end of the burn. Let's keep the chain moving along smoothly so that everyone can get their coins burned, that wants to.
I don't know if it will help but I submitted a ticket to lifeforce. Anyone who received payouts from them, please send me the Octocoin address they paid you from. Who knows what the deal is.
This is the Lifeforce pool address: 8bo9iT6cPg2pqykGHYRc6sTzzkcmzGnTXe ... It was still showing up as finding blocks in the explore the last time my miner switched over and started mining Octo several hours ago.
The blockchain is running fine. All you have to do to confirm this is to look at the block explorer. I have a small miner set up to solo mine when the diff drops too low, just to keep the chain moving along.
The pools at Lifeforce have had these issues before; where the pool fails to respond or gets bogged down and takes forever to load. I've had my miners switch to a failover (backup) pool many times while mining there. Hence, why I have my miner set-up to solo Octo, now.
I'm not sure about the securepayment.cc pool. I tried to mine a couple of different coins there in the past and have had issues with pool stability and not getting credited for the blocks I have found.
Your best bet, if you want to add some coins over the next five days or just help keep the chain moving is to solo mine. Even with low hash power you can probably pick up a few blocks here and there. At one point, my blade (mining at 5.7 MH/s) was picking up 65%+ of all the blocks being found.
Here's a sample config file to be placed in your (user/name/AppData/roaming/OctoCoin) folder if you want to solo mine:
Replace the username/userpassword with something of your choosing and keep your wallet open while mining.
EDIT: Looks like the Lifeforce Octo pool is now offline as it is still slow loading but is now showing this error on the pool stats page:
Unable to connect to wallet RPC service: RPC call failed: Recv failure: Connection reset by peer
Looks like the wallet crashed there...
The pools at Lifeforce have had these issues before; where the pool fails to respond or gets bogged down and takes forever to load. I've had my miners switch to a failover (backup) pool many times while mining there. Hence, why I have my miner set-up to solo Octo, now.
I'm not sure about the securepayment.cc pool. I tried to mine a couple of different coins there in the past and have had issues with pool stability and not getting credited for the blocks I have found.
Your best bet, if you want to add some coins over the next five days or just help keep the chain moving is to solo mine. Even with low hash power you can probably pick up a few blocks here and there. At one point, my blade (mining at 5.7 MH/s) was picking up 65%+ of all the blocks being found.
Here's a sample config file to be placed in your (user/name/AppData/roaming/OctoCoin) folder if you want to solo mine:
Code:
listen=1
server=1
daemon=1
rpcuser=username
rpcpassword=userpassword
rpcallowip=localhost
rpcport=22888
addnode=162.243.144.135
addnode=162.243.149.125
addnode=162.243.207.204
addnode=162.243.141.242
server=1
daemon=1
rpcuser=username
rpcpassword=userpassword
rpcallowip=localhost
rpcport=22888
addnode=162.243.144.135
addnode=162.243.149.125
addnode=162.243.207.204
addnode=162.243.141.242
Replace the username/userpassword with something of your choosing and keep your wallet open while mining.
EDIT: Looks like the Lifeforce Octo pool is now offline as it is still slow loading but is now showing this error on the pool stats page:
Unable to connect to wallet RPC service: RPC call failed: Recv failure: Connection reset by peer
Looks like the wallet crashed there...
Ok, would you like me to continuously post the steps to burn 888 here since we cannot access the op?
Probably a better solution than continuously posting burn instructions would be to create a new thread with the burn instructions in the OP of it. Then, as we release the plans for the new OCTO, we can add them into the new thread's OP. I think FrameLAlife's other OCTOPARTY account may be a good username to create a new thread under.
Also, instead of everyone having to email their counterwallet and Octo addresses, we could set up a Mail Chimp account (free) and do a form that includes fields for each address and the amount to be burned to be entered in. Add the form to the front page of the website (really easy with Squarespace) during the burn period. The list from Mail Chimp can be downloaded in CSV format and easily converted to a Google Doc and updated, as needed. This will save time and human error by not having to manually enter each address to the Google Doc by hand.
as for the Mail Chimp idea, that is not a bad idea, however could that lead not false inputs from the community? If not, would that be something you could setup so we can see how it works? I like the idea
Mail Chimp is integrated with Squarespace, so it should not be too hard to set up. I have not used it before, but have used other similar mailing list services and assume that the basic setup is the same as the others... Setup a MailChimp account. Login to MailChimp. Create and name your list. Write an autoresponder email. Build your form. Add the form code to the website.
Having a mailing list would also provide a database of users that could be sent additional info to keep them informed of the burn process and any projects or other happenings associated with OCTO. And... like any list service, if someone decides they do not want to receive more info they can click a link at the bottom of the email to be unsubscribed from future mailings, automatically.
It is a free service up to 2000 subscribers. At some point in the future (if the mailing list was continued past the burn) there may be a need to switch to their paid service. By then there should be some projects completed making positive revenue to pay for any costs associated with maintaining the list.
Re: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink
Ok, would you like me to continuously post the steps to burn 888 here since we cannot access the op?
Probably a better solution than continuously posting burn instructions would be to create a new thread with the burn instructions in the OP of it. Then, as we release the plans for the new OCTO, we can add them into the new thread's OP. I think FrameLAlife's other OCTOPARTY account may be a good username to create a new thread under.
Also, instead of everyone having to email their counterwallet and Octo addresses, we could set up a Mail Chimp account (free) and do a form that includes fields for each address and the amount to be burned to be entered in. Add the form to the front page of the website (really easy with Squarespace) during the burn period. The list from Mail Chimp can be downloaded in CSV format and easily converted to a Google Doc and updated, as needed. This will save time and human error by not having to manually enter each address to the Google Doc by hand.
Great idea, a form might be quicker and easier for all parties. I'm already working on the new announcement page also. The website I haven't started yet but plan on it this weekend.
We also discuss an early sale of the new OCTO in exchange for BTC to pay for the block explorer and website. So while you are donating to help pay for the sites, you are still getting some OCTO in return. You are actually getting the first OCTO issued besides the original 1. You will actually be getting OCTO issued before the burned OCTO.
That should be special. In some sort of weird way. Or maybe I'm just weird.
Hey! We are all somewhat strange or we wouldn't be involved in crypto to begin with.
Having a pre-sale to raise the funds needed to pay for the site and explorer is a good idea. People are more likely to help out if they are getting something in return for their BTC. It also rewards the community by giving them the first mover option on buying the new OCTO before the crowdfunding phase kicks in for the early projects.
Re: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink
Ok, would you like me to continuously post the steps to burn 888 here since we cannot access the op?
Probably a better solution than continuously posting burn instructions would be to create a new thread with the burn instructions in the OP of it. Then, as we release the plans for the new OCTO, we can add them into the new thread's OP. I think FrameLAlife's other OCTOPARTY account may be a good username to create a new thread under.
Also, instead of everyone having to email their counterwallet and Octo addresses, we could set up a Mail Chimp account (free) and do a form that includes fields for each address and the amount to be burned to be entered in. Add the form to the front page of the website (really easy with Squarespace) during the burn period. The list from Mail Chimp can be downloaded in CSV format and easily converted to a Google Doc and updated, as needed. This will save time and human error by not having to manually enter each address to the Google Doc by hand.
Re: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink
http://ltcd.lifeforce.info/
"We've determined the Octocoin wallet WILL NOT send more than 50,000 coins in one transaction and peoples manual payouts over 50,000 coins were failing, requiring us to perform manual payouts which then required us to do a lot of work on the pools accounting back end - this gave cause to seriously consider shutting down the pool. The best remedy for us and you miners was just to disable manual payouts"
this was posted on lifeforce's info page for Octocoin. i do not see a date for the post. i wonder if that is true that the wallet transactions over 50,000 coins fail? i remember sending transactions between 20-40k but i cannot remember if i ever sent a transaction over 50k.
please keep that in mind when burning your coins if this is the case. it may take multiple transactions all tied to the same return Counterwallet address.
"We've determined the Octocoin wallet WILL NOT send more than 50,000 coins in one transaction and peoples manual payouts over 50,000 coins were failing, requiring us to perform manual payouts which then required us to do a lot of work on the pools accounting back end - this gave cause to seriously consider shutting down the pool. The best remedy for us and you miners was just to disable manual payouts"
this was posted on lifeforce's info page for Octocoin. i do not see a date for the post. i wonder if that is true that the wallet transactions over 50,000 coins fail? i remember sending transactions between 20-40k but i cannot remember if i ever sent a transaction over 50k.
please keep that in mind when burning your coins if this is the case. it may take multiple transactions all tied to the same return Counterwallet address.
I know that I have transferred more than 100K at once from Bittrex in the past, but it may have been with an earlier wallet.
I do not recall anything in the code that would limit large transactions, but there could be an issue with the number of inputs that make up the total quantity being sent. If you have a lot of small transactions coming into your wallet (from mining and faucets) and then try to send them all at once, it could possibly cause an issue.
All coins have a max
I know that is why most exchanges do not want you to mine directly to your wallet address on the exchange, as it can limit the number of coins that they can include in a withdrawal transaction because of the
I would think that if all of the coins were sent to the burn address from the same Octo address, it would be fairly easy (although time consuming) to get an accurate total.
I'll scan through the code again and see if I see anything...
Re: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink
I believe that is dependent on GW Calvert unless someone else can do it. I have emailed him about it. His wife is in the hospital but he said he would get back to me about it asap.
I have sent messages to a couple of guys that have done block explorers for me in the past. I'm just waiting on their reply.
There are others out there in BTCtalk-land that set up explorers. If anyone knows of someone, you might send them a message and inquire about their fees. Or... If someone has some server or VPN space available that we could use for a couple of months; I'm sure that there is someone here among us that can get an explorer up and running.
Unfortunately, my time is very limited for what looks like to be at least the next month. I will know more after my wife's visit with her doctor tomorrow. It sucks getting old...
Re: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink
I know DJSlick and GW Calvert were the two who were confident we could do the burn. Remember, we are going to need a Block Explorer up for this and people ready to throw hashes at the network for a burn.
^ emphasis added ^
It was SquidsIn and myself, that said that we could do the burn ourselves... And, yes, we should be able to do it quite easily.
I haven't been around here much, lately. My wife has been in hospital and is going to require surgery at some point in the near future. My time has been really limited because of that and will continue to be for the next couple weeks until we get past this issue. She is back home, at this point, but will be requiring some care between now and her surgery date and beyond. These issues will, at times, make me unavailable.
That being said... I can and will help with setting up the burn. I can work on code from just about anywhere and hospital waiting areas are boring as shit. Sometimes it is good to have something to do while you're just sitting around and waiting.
I will donate my time to this project as I am more heavily invested in this than most and am willing to put forth an effort just to see some kind of return on that investment. If the community is appreciative of the efforts, I'm sure that some will throw a few donations my way...
I think that everyone who has a stake in this has something to offer; whether that be with some specialized skill (such as: coding, web design, graphic design, video production, marketing, etc.) or just helping to fund and promote the idea once we begin moving forward with the burn. We will need the help of everyone, in one way or another, to help make this project successful!
I have been talking with some other coin devs, as well, and have some cross-promotion ideas that I am working on that will be exciting to those of you in the community who like to play poker... and I know there are many of us who like to play cards... Not to mention, that pretty much anyone involved in the altcoin world is somewhat of a gambler, anyway.
There are exciting times awaiting Octo. Be patient while the details are sorted, and then hang on for the ride!
Re: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink
I think that a lot of people believe there is some correlation between number of coins in circulation and the price. If that were the case, rare coins like 42, 66, etc. would be worth millions of dollars each and overly-abundant coins like XRP and Doge would be worthless.
The price of any coin is determined, mainly, on the community supporting it. If you grow the community, then the price will naturally increase. You grow the community by creating apps and services that the coin can be used for.
A good way to create new growth is to target an untapped market, which is the plan that we are working on. Bringing new users into the crypto scene with apps and services targeted at them will naturally create a larger community and an increase in the price.
The price of any coin is determined, mainly, on the community supporting it. If you grow the community, then the price will naturally increase. You grow the community by creating apps and services that the coin can be used for.
A good way to create new growth is to target an untapped market, which is the plan that we are working on. Bringing new users into the crypto scene with apps and services targeted at them will naturally create a larger community and an increase in the price.
Re: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink
So here's a something to think about. If we get close to 20 million what should we make the cap? I would think that anyone that would invest in a crowd sale would have to receive an substantial amount of OCTOPARTY in order to trust that the burn holders in charge of 20 million don't have an out of balance % of the total coins. Then if you factor in any coins to hold for paying out to devs, paying bounties, promotions, etc., you have to keep it at a fairly low % level. I think you have to look at it in the form of a premine. If it's a small % most consider it acceptable if the distribution is transparent. Now we don't have to hold any of that. We could just pay that out from the burned coins. We already have an anonymous donor that will burn 250,000 to be used strictly for devs and promotions.
We also need to consider the return price based on the cap. We could even do it at a lower ratio than 1:1. If the goal is to keep the cap fairly low and you have 20 million octocoins burned then the ratio may have to be less than 1:1 burned in order to have the crowd sale coins balance it out.
Based on the name Octo and the 888 ticker in some form would we want 8 mil, 88 mil, 888 mil? Keep it the same as Octocoin and do 88,888,888?
Interesting to think about.
XCP - current coins - 2,646,359 - current price: $ 1.99$ - current market cap: $ 5,266,095 - counterparty platform
SWARM - current coins - 99,945,431 - current price: $ 0.010260 - current market cap: $ 1,025,400 - crowdfunding
SJCX - current coins - 41,464,404 - current price: $ 0.024744 - current market cap: $ 1,025,991 - distributed cloud
GEMZ - current coins - 88,135,367 - current price: $ 0.019102 - current market cap: $ 1,683,518 - encrypted mobile messaging
XCPSCOT - current coins - 1,000,000,000 - current price: $ 0.000095 - current market cap: $ 95,072 - country coin
FLDC - current coins - 109,000,000 - current price: $ 0.000410 - current market cap: $ 44,729 - distributed computing for disease research.
Where do we want OCTOPARTY to fit in with other top assets?
Also we could consider cross marketing with these assets. I know ScotCoin said they were interested. They also cross promoted with FoldingCoin recently and got media attention. They donated a portion of their coins to be distributed as payment along with FoldingCoin when users donated computing towards disease research. That might be something we consider to do to help get our coin spread out to other asset holders that won't know about that.
http://foldingcoin.net/2015/01/announcing-scotcoin/
https://letstalkbitcoin.com/forum/post/scotcoin-joins-merged-folding
http://scotcoin.org/
We also need to consider the return price based on the cap. We could even do it at a lower ratio than 1:1. If the goal is to keep the cap fairly low and you have 20 million octocoins burned then the ratio may have to be less than 1:1 burned in order to have the crowd sale coins balance it out.
Based on the name Octo and the 888 ticker in some form would we want 8 mil, 88 mil, 888 mil? Keep it the same as Octocoin and do 88,888,888?
Interesting to think about.
XCP - current coins - 2,646,359 - current price: $ 1.99$ - current market cap: $ 5,266,095 - counterparty platform
SWARM - current coins - 99,945,431 - current price: $ 0.010260 - current market cap: $ 1,025,400 - crowdfunding
SJCX - current coins - 41,464,404 - current price: $ 0.024744 - current market cap: $ 1,025,991 - distributed cloud
GEMZ - current coins - 88,135,367 - current price: $ 0.019102 - current market cap: $ 1,683,518 - encrypted mobile messaging
XCPSCOT - current coins - 1,000,000,000 - current price: $ 0.000095 - current market cap: $ 95,072 - country coin
FLDC - current coins - 109,000,000 - current price: $ 0.000410 - current market cap: $ 44,729 - distributed computing for disease research.
Where do we want OCTOPARTY to fit in with other top assets?
Also we could consider cross marketing with these assets. I know ScotCoin said they were interested. They also cross promoted with FoldingCoin recently and got media attention. They donated a portion of their coins to be distributed as payment along with FoldingCoin when users donated computing towards disease research. That might be something we consider to do to help get our coin spread out to other asset holders that won't know about that.
http://foldingcoin.net/2015/01/announcing-scotcoin/
https://letstalkbitcoin.com/forum/post/scotcoin-joins-merged-folding
http://scotcoin.org/
There are roughly 40 million 888 that have been mined, at this point. Even if we created 40 million OctoParty, we would still have the lowest coin total in comparison to the other assets tied to CPY at this time. Any OctoParty (regardless of the amount created) not redeemed during the burn period could be placed in a multi-sig wallet and used for promotions, giveaways, bounties, dividend payments, and, lets not forget, the crowd sale to help fund the various projects. Or we could set aside a certain number for each of the areas listed above and distribute the remainder to everyone who participated in the burn as a bonus for getting things going.
I arrived at the 20 million figure as representing approximately half of all OctoCoin in existence. Even though the devs have been MIA for quite some time, I have seen many of the "old-timer" OctoManiacs posting recently, so that leads me to believe that we will see at least half of the coins out there burned... maybe much more.
Re: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink
based on what quite a few people have stated octocoin holding wise i wouldn't be surprised if we burn over 10 million octo at this point.
Looks like we might have some hashing support.
If people saw the jump in hash i wonder if random ppl would mine also lol.
Looks like we might have some hashing support.
If people saw the jump in hash i wonder if random ppl would mine also lol.
I'm thinking closer to 20+ million octocoin will be burned.
The need for hash support will be highest when we are doing the actual swap. Most forks will self-correct within a few blocks unless there is a sustained attack... and even then it should switch to the longest chain (the sustained attack chain) in fairly short order. That being said... I have seen a fork recently that re-wrote 1500+ blocks of data and nearly brought a coin's network to a halt when it corrected itself to the proper chain.
We need an extremely stable network while doing the swap so that coins being sent to the burn address aren't sent on a bad fork. They should be recoverable, but I would hate someone sending in 1 million+ 888 (or any amount, for that matter) to get them lost on a fork, even if temporarily.
Hash rate has been higher, recently. Whether that is because of a couple more people mining or people seeing activity on the thread and trying to grab some more OctoCoin before the burn party... or hoping they can dump them on Xnigma if the price rises. I think the latter is what was seen the past couple of days when the hash rate jumped up to around 250mh/s.
Re: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink
As for a block explorer... I have a couple of people that have set up explorers for me in the past that I can ask. I mentioned them to frameLAlife in the early stages of discussing what we could do to revive OctoCoin. Both of these people usually set up block explorers for free. One pays for his time through ad revenue and the other relies on donations. I'm not sure that either would be willing to create one for a short-term project without some sort of payment up front.
Of course, there may be some who want to stick to the old OctoCoin, so having a block explorer may not be too much of a short-term prospect if people were still mining and trying to keep OctoCoin alive after most of us have moved on to OctoParty... I will send some emails out today and see if either of them are interested... We may need to raise a small amount of funds to actually make an explorer happen.
As for block chain security... There has been a small amount of hash on OctoCoin keeping the chain moving. At times it has been around 200mh/s, but usually much less. If anyone wants to mine (as I said in an earlier post) the only active pool I know of is at lifeforce.info. There has been some hash coming in from elsewhere at times, whether it is another pool or people solo mining, I'm not sure.
I threw a few mh/s on lifeforce just to keep the chain moving last week and have kept it there, for the most part, since then. If anyone knows of any other pools operating, post them in the thread. If you have some spare hash to throw at the lifeforce pool (or solo), you can pick up a few more 888's to burn for OctoParty and help keep the chain secure until we get the burn over with.
Of course, there may be some who want to stick to the old OctoCoin, so having a block explorer may not be too much of a short-term prospect if people were still mining and trying to keep OctoCoin alive after most of us have moved on to OctoParty... I will send some emails out today and see if either of them are interested... We may need to raise a small amount of funds to actually make an explorer happen.
As for block chain security... There has been a small amount of hash on OctoCoin keeping the chain moving. At times it has been around 200mh/s, but usually much less. If anyone wants to mine (as I said in an earlier post) the only active pool I know of is at lifeforce.info. There has been some hash coming in from elsewhere at times, whether it is another pool or people solo mining, I'm not sure.
I threw a few mh/s on lifeforce just to keep the chain moving last week and have kept it there, for the most part, since then. If anyone knows of any other pools operating, post them in the thread. If you have some spare hash to throw at the lifeforce pool (or solo), you can pick up a few more 888's to burn for OctoParty and help keep the chain secure until we get the burn over with.
Re: [EMD] Emerald Crypto Official Thread New Client v. 8.5.1 Update Now!
Okay... here is the news. We will be adding a proof of stake element into EMD in the next update. There are a couple of ways that we can do this.
First, we could do another hard fork and keep on the same blockchain and begin PoS at a certain block height. Or...
We could do a coin swap and start fresh with a new blockchain. The EMD blockchain is quite large, already and adding PoS will just make it grow even faster. Starting with a fresh blockchain could help keep some of the bloat down, for a while at least.
If we do the coin swap, then everyone would have to withdraw their coins from the exchanges to swap out to the new EMD. This would also involve some talks with the Cryptsy wallet team, as they are notoriously slow about updating the wallets of some of their lower volume coins and doing a complete wallet swap may take them an eternity.
In other news... UNB Auctions now accepts EMD! You can list and sell your items at unbauctions.com for EMD and many other cryptos. You can use your EMD to buy items from anyone accepting EMD there, too. Just look in the description to see what coins the seller accepts. There should be some things listed there soon... if I can find the extra time to get some pics taken and descriptions up. The UNB dev is top-notch and an all-around good guy, so check it out.
Also, I am looking at adding another exchange for EMD. This may not happen until after the PoS issue is decided upon. Don't want to ask an exchange to list a coin and then have a new wallet come out just a couple weeks later... This particular exchange is kind of small, at the moment, but has several very interesting features that I believe will be good for the future of EMD.
Anyhow, feedback on the PoS addition would be appreciated.
More soon.
First, we could do another hard fork and keep on the same blockchain and begin PoS at a certain block height. Or...
We could do a coin swap and start fresh with a new blockchain. The EMD blockchain is quite large, already and adding PoS will just make it grow even faster. Starting with a fresh blockchain could help keep some of the bloat down, for a while at least.
If we do the coin swap, then everyone would have to withdraw their coins from the exchanges to swap out to the new EMD. This would also involve some talks with the Cryptsy wallet team, as they are notoriously slow about updating the wallets of some of their lower volume coins and doing a complete wallet swap may take them an eternity.
In other news... UNB Auctions now accepts EMD! You can list and sell your items at unbauctions.com for EMD and many other cryptos. You can use your EMD to buy items from anyone accepting EMD there, too. Just look in the description to see what coins the seller accepts. There should be some things listed there soon... if I can find the extra time to get some pics taken and descriptions up. The UNB dev is top-notch and an all-around good guy, so check it out.
Also, I am looking at adding another exchange for EMD. This may not happen until after the PoS issue is decided upon. Don't want to ask an exchange to list a coin and then have a new wallet come out just a couple weeks later... This particular exchange is kind of small, at the moment, but has several very interesting features that I believe will be good for the future of EMD.
Anyhow, feedback on the PoS addition would be appreciated.
More soon.