A todos los que aún siguen a Slimcoin: Hay una discusión importante sobre la próxima actualización (que llegaría a ser Slimcoin 0.7).

Hasta ahora Slimcoin está basada en la versión 0.3 de Peercoin, que fue mejorada con algunas funciones de PPC 0.4 a 0.6. Estamos discutiendo "saltar" con la próxima actualización a la versión actual de Peercoin, PPC 0.9 como base, que contiene código de Bitcoin 0.16 y por ende posibilitaría funciones como Segwit y Lightning.

Este update necesitaría un fork (soft o hard). Como alternativa menos complicada, para hacer "borrón y cuenta nueva", como alternativa se está discutiendo un swap a una cadena completamente nueva. Esto también posibilitaría cambiar algunos parámetros que hoy parecen anticuados. Por ejemplo, se propone:

- cambiar la fee mínima de transacción de 0.01 SLM por kB a un valor menor (por ejemplo 0.0001 SLM)
- que el mínimo valor para los outputs ya no sea 0.01 SLM, sino 1 "slimtoshi" (0.000001 SLM)
- quizá también cambiar la recompensa de PoS de 10% por año a un valor menor, pero esto es más controvertido y por ende debería ser discutido en profundidad.


Quien quiere participar de la discusión puede hacerlo en el hilo de SLM en inglés o en Discord (Channel "codebase development").

Für alle, die noch Slimcoin folgen: Es gibt gerade eine wichtige Diskussion über das nächste Update (welches Slimcoin 0.7 entsprechen würde).

Slimcoin basiert bisher auf der alten Peercoin-Version 0.3, die um einige Features von PPC 0.4 bis 0.6 erweitert wurde. Das nächste Update soll jedoch auf der aktuellen PPC-Version 0.9 mit modernerem Bitcoin-Code (0.16) basieren. Somit wird sie u.a. auch Segwit enthalten und somit auch LN und Co. ermöglichen.

Da dieses Update sehr groß ausfällt und mehrere gravierende Änderungen enthält, wird als Alternative zu einem Soft- oder Hardfork ein Swap diskutiert. Dieser würde alle Balances 1:1 in die neue Blockchain übernehmen. Es würden dann auch vielleicht einige Parameter geändert, wenn die Community dies so will. Vorgeschlagen wurden insbesondere eine Absenkung der minimalen Transaktionsgebühr von 0.01 SLM auf einen deutlich niedrigeren Wert, aber auch eventuell eine PoS-Reward-Absenkung von 10% auf 2% oder 1%.

Wer mitdiskutieren möchte, kann das hier im englischen Slimcoin-Thread oder auf Discord (Channel "codebase development") tun.

@eddycurrent, @muf18: I added the aarch64 link to the OP. Thanks for your work!

(I had to correct another "collateral damage" of the walk of this account into Newbie territory: The Bitcointalk software had removed the link to the Windows 0.5.1 wallet as a "suspicious link" (strange, as it's on github.io) . It's fixed now.)

I have updated the OP again.

Basically, the updates are:
- information about the testing of 0.5.2 (with coin control & PoS optimization)
- Coinsmarkets was removed completely as it seems to be gone
- information about an upcoming second Web2Web node I plan to start soon, which will include a torrent client that is always online and can share selected Web2Web documents.

@muf18, once you published eddycurrent's new ARM version, I'll post it on the OP, too.

Unfortunately, the Slimcoin Community account has got Newbie status again due to the changed rank rules which require Junior Members to get a single Merit point, and thus currently dzarmush's header image is not showing.

(Once the new node is up I plan to publish a Web2Web tutorial from this account, which may be Merit-worthy. )

I have created a Marketplace thread for Slimcoin. I'll link it in the OP so it can be easily found.

You can express interest to buy and sell SLM or goods / services for SLM in this thread. Let's make it a success

This thread is the marketplace for Slimcoin, the original Proof of Burn currency.

Here you can express your interest to:

• buy and sell Slimcoin (SLM) against other cryptocurrencies
• buy and sell Slimcoin (SLM) against fiat currencies
• sell virtual and physical goods for Slimcoin (SLM)
• offer services for Slimcoin (SLM)

Please respect the forum rules - above all, the rule that you are allowed to bump the thread only once per 24 hours, and that you are not allowed to "giveaway" Slimcoins only for posting in this thread.

The thread starter will not moderate scams - please investigate before you execute a trade with your counterparty.

---

PS: Dear moderators, I have read the forum rules and a thread of this nature seems not to be forbidden. I think also it's better for the forum consistency to group offers in a thread.

Just started a German ANN thread:

https://bitcointalk.org/index.php?topic=2040975

By the way: There is also a Spanish thread - I didn't start it, but I try to bump it every now and then with updates:

https://bitcointalk.org/index.php?topic=628902

(Tomorrow I should be out of the "newbie cage", then I can add dzarmush's nice headers to the ANN's).

Slimcoin ist eine Kryptowährung, die wirklich etwas anders macht. Neben Proof of Work und Proof of Stake setzt sie auf das Proof of Burn-Prinzip.

Bei Proof of Burn wird das Mining virtuell nachgebildet. Blocks können gefunden werden, indem ein "Burner" Slimcoins zerstört. Das hört sich erst einmal sehr strange an. Doch die Logik ist ähnlich wie beim Mining: Ein Miner muss auch Geld ausgeben, da er Equipment und Elektrizität kaufen muss. Es herrscht also beim Mining wie beim Burning ein Wettbewerb darum, wer am meisten Geld ausgibt - denn nur dann ist gewährleistet, dass ein Angreifer viel Geld ausgeben muss, um Erfolg zu haben.

Bei Slimcoin kann man mit jedem geburnten Coin über 2 Jahre lang per "Proof of Burn"-Minting um Blockrewards konkurrieren. Die Wahrscheinlichkeit, Coins zu finden, wird dabei immer geringer - sonst würden Early Adopter stark bevorteilt.

Die Vorteile bei Proof of Burn:
- das Geldausgeben passiert nur innerhalb der "virtuellen" Welt der Kryptowährung - damit muss keine zusätzliche Energie für Mining aufgewendet werden.
- bei jedem Burn-Vorgang wird die im Umlauf befindliche Geldmenge reduziert. Damit wird die Inflation der Währung durch Blockrewards ausgeglichen.
- Proof of Burn ist eine nicht zurücknehmbare Ausgabe - die "geburnten" Coins können nicht einfach so verkauft werden. Jeder, der Coins "burnt", wird damit zu einem Langzeit-Investor und erhält Anreize, selbst am Erfolg des Coins mitzuarbeiten.

Ressourcen auf Deutsch und Englisch

Es gibt einen deutschsprachigen Thread zu Proof of Burn, in dem auch Slimcoin angesprochen wurde. Eine englischsprachige ELI5 findet ihr auf der Website des Projekts.

Ein weiterer Thread befasst sich mit eine möglichen Vorteil dieses Mechanismus: er könnte zu einem stabileren Kurs führen - allerdings wahrscheinlich nur in einem "reifen" Markt. Es ist geplant, dies in einer kleinen Studie zu untersuchen - ein Anfang wurde schon gemacht.

(Slimcoin wurde im deutschen Forum schon besprochen und vorgestellt. Allerdings nie in einem richtigen deutschen ANN-Thread. Da sich bei der Währung gerade viel tut, hole ich dies hiermit nach. Der Thread wird nach und nach ausgebaut.)

Look for small altcoins with unique features that can't easily be copied by Bitcoin and Ethereum. That does not mean that you should look for a restrictive license or even patented technology - closed source altcoins will NEVER get any traction - but the features that make the coin unique should be deep in the "consensus" level. Think of hardforks that would never get acceptance in Bitcoin but actually solve a problem.

Cryptocurrencies are a very interesting technology. But they aren't made for every human interaction which involves money. They are very well suited for online buys and remittances but not ideal for coffee and brick-and-mortar shops.

I consider cryptocurrencies to have a market that is maybe 20 or 30 times higher than today. Not much more.

While I consider x10 is still possible with smaller altcoins (look here for a recent example - 80 to 800 satoshis in the first 2 July weeks), most short-term volatility is related to Pump and Dump activity or with low liquidity. It's very risky to try to profit from that.

I would rather try to discover the long-term stars. Look at the lower ranks at Coinmarketcap, grab the websites and compare. If you find one with a different feature which is not a centralized scam, bet on it and try to collaborate with the community - your gains will probably be very significant, but you should have patience - and the more you use the coin, the more chances it has to succeed.

Ethereum has achieved a nice network effect. That's why I consider it to be one of the cryptocurrencies that most "future" should have.

But its USP is smart contracts - and smart contracts will be added to Bitcoin once Rootstock fully works. Maybe that will change when Casper is ready - then ETH has also the USP as the "biggest PoS altcoin".

The big challenge for altcoins will be when pegged sidechains will arrive. They could integrate smart contracts (Rootstock etc.), privacy, and other nice functions - almost everything where altcoins today excel and Bitcoin does not. Then I expect many altcoins to fall into irrelevancy.

But what Bitcoin's sidechain won't be able to copy are better and more efficient consensus methods like Proof of Stake and Proof of Burn. Because sidechains can be merged-mined but there would still be a lot of energy waste and therefore, also the transaction fees would be substantial. So coins like Peercoin, Slimcoin, or Burst whose "selling point" is their efficiency and are able to offer minimal fees should not be in danger.

Thanks muf18! I'll add it to the OP.

I added the telegram channel to the OP.

Also, more Polish translations are now available on the website - thanks muf18!

Historical data for burn rate between block 500000 and block 1000000 (work in progress):

Block 500.001 to 600.000
Time:  
Rough price data: Cryptocoincharts
High: / Low:
Chart character:

500001-510000: 248378.10040900
510001-520000: 8516.00000000
520001-530000: 3376.00000000
530001-540000: 19782.57328000
540001-550000: 15517.00000000
550001-560000: 6899.00000000
560001-570000: 507.00000000
570001-580000: 1000.00000000
580001-590000: 10050.00000000
590001-600000: 121.47000000

Block 600.001 to 700.000
Time:
Rough price data: Cryptocoincharts
High:  Low:
Chart character:

600001-610000: 725.91000000
610001-620000: 10000.00000000
620001-630000: 249.11000000
630001-640000: 0
640001-650000: 10012.74000000
650001-660000: 5791.41000000
660001-670000: 6575.85000000
670001-680000: 10126.61000000
680001-690000: 160.00000000
690001-700000: 100.00000000

Block 700.001 to 800.000
Time:
Rough price data: Cryptocoincharts
High: Low:
Chart character:

700001-710000: 64.00000000
710001-720000: 274.40000000
720001-730000: 33910.00000000
730001-740000: 1350.00000000
740001-750000: 0
750001-760000: 0
760001-770000: 0
770001-780000: 0
780001-790000: 101.00000000
790001-800000: 0

Block 800.001 to 900.000
Time:
Rough price data: Cryptocoincharts
High: Low:
Chart character:

800001-810000: 50816.00000000
810001-820000: 480.00000000
820001-830000: 4000.00000000
830001-840000: 3321.00000000
840001-850000: 1010.00000000
850001-860000: 132.61000000
860001-870000: 4882.88000000
870001-880000: 1223.13000000
880001-890000: 2002.00000000
890001-900000: 115371.41000000


Block 900.001 to 1.000.000
Time:
Rough price data: Cryptocoincharts
High: Low:
Chart character:

900001-910000: 8722.49005900
910001-920000: 4445.81000000
920001-930000: 16490.50000000
930001-940000: 2137.88100000
940001-950000: 38168.11000000
950001-960000: 13998.87494100
960001-970000: 240309.04672000
970001-980000: 9320.91328000
980001-990000: 2003.23000000
990001-1000000: 2063.12000000

Historical data for burn rate between block 1 and block 500000:

Block 1 to 100.000
Time:  May 28, 2014, 11:13 pm (Block 1) - September 19, 2014, 8:31 am (Block 100000)
Rough price data: Cryptocoincharts
High: 0.00449985 BTC (June 1) / Low: 0.00000271 BTC (August 24)
Chart character: bearish (from 0.001+ in early June sharply down to 0.0001-0.0003 in mid-June to mid-July, then another price fall under 0.0001 and in August/September first dips under 0.00001)

00001-10000: 73848.88097200 coins burnt
10001-20000: 47225.97314400
20001-30000: 23407.27578400
30001-40000: 31937.86849800
40001-50000: 14330.77705400
50001-60000: 11782.58413100
60001-70000:  9129.07747800
70001-80000: 52307.86902700
80001-90000: 11092.79000000
90001-100000: 15165.68000000

Block 100.001 to 200.000
Time: September 19, 2014, 8:31 am (Block 100000) - January 2, 2015, 12:30 am (Block 200000)
Rough price data: Cryptocoincharts
High: 0,0001 (October 22) Low: 0,0000033 (December 25)
Chart character: first very bullish (from 0.000005 up to 0.0001), then in mid-October turning bearish, hovering in December sideways about 0,00001 and finally dumping to a new low under 0.000005)

100001-110000: 5456.63000000
110001-120000: 14426.14000000
120001-130000: 83031.13000000
130001-140000: 15256.74000000
140001-150000: 170791.33691700
150001-160000: 8116.86750400
160001-170000: 1413.03000000
170001-180000: 1547.15000000
180001-190000: 974.77000000
190001-200000: 514.10000000

Block 200.001 to 300.000
Time: January 2, 2015, 12:30 am (block 200001) to April 16, 2015, 10:45 pm (block 300000)
Rough price data: Cryptocoincharts
High: Low:
Chart character:

200001-210000: 11191.93920300
210001-220000: 1695.99558000
220001-230000: 2763.63699700
230001-240000: 4407.85000000
240001-250000: 16193.69114700
250001-260000: 11153.59000000
260001-270000: 14362.28119500
270001-280000: 8448.10000000
280001-290000: 4140.13290000
290001-300000: 1109.19000000

Block 300.001 to 400.000
Time: April 16, 2015, 10:45 pm (block 300001) to July 27, 2015, 12:23 pm (block 400000)
Rough price data: Cryptocoincharts
High: Low:
Chart character:

300001-310000: 1338.61000000
310001-320000: 465.00000000
320001-330000: 5885.92000000
330001-340000: 585.39048100
340001-350000: 19053.30900000
350001-360000: 13204.31100000
360001-370000: 5990.00000000
370001-380000: 7763.00000000
380001-390000: 11955.21000000
390001-400000: 7204.09000000


Block 400.001 to 500.000
Time:  July 27, 2015, 12:24 pm (block 400001) to  November 9, 2015, 1:49 pm (block 500000)
Rough price data: Cryptocoincharts
High: Low:
Chart character:

400001-410000: 2600.10000000
410001-420000: 7000.00000000
420001-430000: 8454.99000000
430001-440000: 8920.00000000
440001-450000: 57206.00000000
450001-460000: 10130.00000000
460001-470000: 2526.00000000
470001-480000: 19195.00000000
480001-490000: 26019.51000000
490001-500000: 101741.13000000

In this thread I will conduct an analysis to know if the price has any effect on the "proof of burn" rate.

Proof of Burn, in Slimcoin, is a mechanism that allows participants to "destroy" currency, getting the chance to win block rewards in the future.

This allows the users, in some way, control the supply of the currency and act like a decentralized central bank. You can read more here on the Slimcoin website and in the Slimcoin wiki.

An interesting number in this context is the "burn rate". The more coins people burn, the more coins are subtracted from the total available supply. So if there is a high burn rate, the currency becomes more deflationary.

It is the primary goal of this study to analyze if the price of the token can have any effect on this number. I will analyze the following numbers and its relation to burn rate:

- average price of 1 SLM in BTC
- average price of 1 SLM in USD
- monthly price variation (BTC and USD)

Other possible influences are:

- Proof of Burn block reward.
- social variables like the "sentiment" (optimism or pessimism). These are more difficult to measure and will be added perhaps in the future.

This is a long term study and it won't have really interesting results in the first weeks and months. I will provide at least monthly - sometimes weekly - updates with the four main variables.

The slimco.in website should now work on smartphones properly again (there was a bug related to the menu button).

Also, I added the first Polish texts. Thanks muf18 for translations!

I bump this olde article because I found it only today and I consider it far better written then a recent article about the same topic on Coindesk. Good work!

I was curious if Proof of Activity was ever implemented, it looks interesting. The other algorithms now have all been used for altcoins:

- Proof of Capacity: Burst
- Proof of Burn: Slimcoin and the defunct TGCoin (Third Generation Coin)
- Hybrid Proof of Work/Stake: Peercoin and a lot of clones
- Byzantine Generals: Bitshares, Lisk and other "DPOS" coins; Ethereum's planned "Casper" is based on a similar idea but uses an algorithm where the participants are not limited to a closed group like in DPOS.

There are two algorithms missing:

- Transactions as Proof of Stake (TAPOS): was never fully implemented (afaik) but parts of the concept are used in Bitshares and Nxt.
- Proof of Importance: Proof of Stake weighted by a transaction graph (NEM)