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Showing 8 of 8 results by pooler_miner
Re: [TIPS] FedoraCoin ★ Kimotos Gravity Well ★ Mixer launch tomorrow 9PM!
Stop posting this fucking shit here! Even if somebody holds 2.5b coins right now, he still can not significantly affect the market. If you turn on your brain and looks at the buy/sell orders on Cryptsy.. There is big buy/sell walls around 45 lat. and market looks like very stable and calm. To crash the price now needs many more than 2.5b coins. So, stay away form this thread, panic bastard!
Re: ★★ DigiByte ★★ [DGB] A Professional Cryptocurrency ✈ Android Wallet, CoinedUp ✔
What did you guys thinking about coin value? Last 2-3 days it's slowly falls down. You are all voting Cryptsy to add DGB but did you now what happens with 80% of coins value when coin hits Cryptsy? Big dumps and quickly devalue. Take care with this. Are DGB really needs Cryptsy right now? May be some kind of work required to value rising right now before Cryptsy adds it?
Re: [ANN]Fedoracoin - The Community is Taking Over [MAIN]
Do we need the complete review and rebuild difficulty and block reward Fedora coin system? I think while mining will be so easy, coin rate wiil not raise so much, despite of the promotion and services building around it.
My TIPS address: Eb11uR6muZ5zZhFBoFMbDNSx3EUeUaMrE8
My TIPS address: Eb11uR6muZ5zZhFBoFMbDNSx3EUeUaMrE8
Re: [ANN]Fedoracoin - The Community is Taking Over [MAIN]
I did 20-minulte-research on source code and find something. I'm not so familiar with C-programming and unfortunately English is not my native tongue, so be patient with reading that. 
What i'm find on Bitcoin forum: https://bitcointalk.org/index.php?topic=331069.0
So, as he said, the MAX_COINS does not define maximum of total coin supply directly. There is no direct constant in the sources that define this. MAX_COINS uses in some boundary checks, for example, max transaction amount.
Max coin supply amount defines implicitly in the infinite series, driven in the GetBlockValue() function.
The COIN constant is defined in the util.h header:
static const int64 COIN = 100000000;
As all amount in the coin system defines in integer values, real amounts are stored in satoshis. (1 satoshi = 1e-8 coin base, 1 satoshi = 1/100mil = 0.00000001 TIPS).
As i said above, MAX_MONEY define the maximum amount of transaction (and may be something more). At this moment it looks like:
static const int64 MAX_MONEY = 2500000000 * COIN; // FedoraCoin: maximum of 100B coins (given some randomness), max transaction 500,000,000 for now
It is 2.5 bil coins now. I think that developer comment of 500 mil max transaction is wrong, he is mistaked at this place.
What about real total coin supply ?
Compared with the Dogecoin source, there is only new OLDCOIN instead of COIN value. OLDCOIN also in util.h is 500m, the Dogecoin COIN is 100m. COIN as i said above is satoshi-multiplier. I think it must stays as 100m in new coin. As we see, the real block rewards are 5x more than in DogeCoin. This explains the explosive emission in the first couple of coin days. A real total coin supply defines as infinite series and looks like it must be 500 bil really.
So, I see at this moment, Fedora coin technically is a Dogecoin, but all block rewards are 5x of doge.
What did you guys thinking about that ?
What i'm find on Bitcoin forum: https://bitcointalk.org/index.php?topic=331069.0
He clearly doesn't understand the code, then. MAX_MONEY is only used as a sanity check to prevent "impossible" transactions and integer overflows (any transaction sending more than MAX_MONEY is invalid, regardless of all other factors). The actual limit is enforced in this function in main.cpp:
The result of this code is the first 210,000 blocks are worth BTC50 each, the next 210,000 blocks are worth BTC25 each, and so on (any block created with a greater value (eg, by modified or faulty mining software) will be rejected as invalid by all other nodes). This is a convergent infinite series with a limit of BTC21,000,000. However, due to rounding errors, the series is actually finite, and reaches a limit of BTC20,999,999.97690000 after 6,930,000 blocks.
Code:
int64 static GetBlockValue(int nHeight, int64 nFees)
{
int64 nSubsidy = 50 * COIN;
// Subsidy is cut in half every 210000 blocks, which will occur approximately every 4 years
nSubsidy >>= (nHeight / 210000);
return nSubsidy + nFees;
}
{
int64 nSubsidy = 50 * COIN;
// Subsidy is cut in half every 210000 blocks, which will occur approximately every 4 years
nSubsidy >>= (nHeight / 210000);
return nSubsidy + nFees;
}
The result of this code is the first 210,000 blocks are worth BTC50 each, the next 210,000 blocks are worth BTC25 each, and so on (any block created with a greater value (eg, by modified or faulty mining software) will be rejected as invalid by all other nodes). This is a convergent infinite series with a limit of BTC21,000,000. However, due to rounding errors, the series is actually finite, and reaches a limit of BTC20,999,999.97690000 after 6,930,000 blocks.
So, as he said, the MAX_COINS does not define maximum of total coin supply directly. There is no direct constant in the sources that define this. MAX_COINS uses in some boundary checks, for example, max transaction amount.
Max coin supply amount defines implicitly in the infinite series, driven in the GetBlockValue() function.
The COIN constant is defined in the util.h header:
static const int64 COIN = 100000000;
As all amount in the coin system defines in integer values, real amounts are stored in satoshis. (1 satoshi = 1e-8 coin base, 1 satoshi = 1/100mil = 0.00000001 TIPS).
As i said above, MAX_MONEY define the maximum amount of transaction (and may be something more). At this moment it looks like:
static const int64 MAX_MONEY = 2500000000 * COIN; // FedoraCoin: maximum of 100B coins (given some randomness), max transaction 500,000,000 for now
It is 2.5 bil coins now. I think that developer comment of 500 mil max transaction is wrong, he is mistaked at this place.
What about real total coin supply ?
Code:
int64 static GetBlockValue(int nHeight, int64 nFees, uint256 prevHash)
{
int64 nSubsidy = 10000 * OLDCOIN;
std::string cseed_str = prevHash.ToString().substr(7,7);
const char* cseed = cseed_str.c_str();
long seed = hex2long(cseed);
int rand = generateMTRandom(seed, 999999);
int rand1 = 0;
int rand2 = 0;
int rand3 = 0;
int rand4 = 0;
int rand5 = 0;
if(nHeight < 100000)
{
nSubsidy = (1 + rand) * OLDCOIN;
}
else if(nHeight < 200000)
{
cseed_str = prevHash.ToString().substr(7,7);
cseed = cseed_str.c_str();
seed = hex2long(cseed);
rand1 = generateMTRandom(seed, 499999);
nSubsidy = (1 + rand1) * OLDCOIN;
}
else if(nHeight < 300000)
{
cseed_str = prevHash.ToString().substr(6,7);
cseed = cseed_str.c_str();
seed = hex2long(cseed);
rand2 = generateMTRandom(seed, 249999);
nSubsidy = (1 + rand2) * OLDCOIN;
}
else if(nHeight < 400000)
{
cseed_str = prevHash.ToString().substr(7,7);
cseed = cseed_str.c_str();
seed = hex2long(cseed);
rand3 = generateMTRandom(seed, 124999);
nSubsidy = (1 + rand3) * OLDCOIN;
}
else if(nHeight < 500000)
{
cseed_str = prevHash.ToString().substr(7,7);
cseed = cseed_str.c_str();
seed = hex2long(cseed);
rand4 = generateMTRandom(seed, 62499);
nSubsidy = (1 + rand4) * OLDCOIN;
}
else if(nHeight < 600000)
{
cseed_str = prevHash.ToString().substr(6,7);
cseed = cseed_str.c_str();
seed = hex2long(cseed);
rand5 = generateMTRandom(seed, 31249);
nSubsidy = (1 + rand5) * OLDCOIN;
}
return nSubsidy + nFees;
}
{
int64 nSubsidy = 10000 * OLDCOIN;
std::string cseed_str = prevHash.ToString().substr(7,7);
const char* cseed = cseed_str.c_str();
long seed = hex2long(cseed);
int rand = generateMTRandom(seed, 999999);
int rand1 = 0;
int rand2 = 0;
int rand3 = 0;
int rand4 = 0;
int rand5 = 0;
if(nHeight < 100000)
{
nSubsidy = (1 + rand) * OLDCOIN;
}
else if(nHeight < 200000)
{
cseed_str = prevHash.ToString().substr(7,7);
cseed = cseed_str.c_str();
seed = hex2long(cseed);
rand1 = generateMTRandom(seed, 499999);
nSubsidy = (1 + rand1) * OLDCOIN;
}
else if(nHeight < 300000)
{
cseed_str = prevHash.ToString().substr(6,7);
cseed = cseed_str.c_str();
seed = hex2long(cseed);
rand2 = generateMTRandom(seed, 249999);
nSubsidy = (1 + rand2) * OLDCOIN;
}
else if(nHeight < 400000)
{
cseed_str = prevHash.ToString().substr(7,7);
cseed = cseed_str.c_str();
seed = hex2long(cseed);
rand3 = generateMTRandom(seed, 124999);
nSubsidy = (1 + rand3) * OLDCOIN;
}
else if(nHeight < 500000)
{
cseed_str = prevHash.ToString().substr(7,7);
cseed = cseed_str.c_str();
seed = hex2long(cseed);
rand4 = generateMTRandom(seed, 62499);
nSubsidy = (1 + rand4) * OLDCOIN;
}
else if(nHeight < 600000)
{
cseed_str = prevHash.ToString().substr(6,7);
cseed = cseed_str.c_str();
seed = hex2long(cseed);
rand5 = generateMTRandom(seed, 31249);
nSubsidy = (1 + rand5) * OLDCOIN;
}
return nSubsidy + nFees;
}
Compared with the Dogecoin source, there is only new OLDCOIN instead of COIN value. OLDCOIN also in util.h is 500m, the Dogecoin COIN is 100m. COIN as i said above is satoshi-multiplier. I think it must stays as 100m in new coin. As we see, the real block rewards are 5x more than in DogeCoin. This explains the explosive emission in the first couple of coin days. A real total coin supply defines as infinite series and looks like it must be 500 bil really.
So, I see at this moment, Fedora coin technically is a Dogecoin, but all block rewards are 5x of doge.
What did you guys thinking about that ?
Re: [ANN]Fedoracoin - The Community is Taking Over [MAIN]
News about Fedora coin looks good. But what about new development? https://github.com/invisibel/fedoracoin
I'm worry about difficulty and total coin supply. Looks like it needs to review this parameters in the source code.
UPD: main.h in the source code contains this string:
static const int64 MAX_MONEY = 2500000000 * COIN; // FedoraCoin: maximum of 100B coins (given some randomness), max transaction 500,000,000 for now
What did it mean? Why its commented as 100 billion total coins instead of 500 billions was announced?
I'm worry about difficulty and total coin supply. Looks like it needs to review this parameters in the source code.
UPD: main.h in the source code contains this string:
static const int64 MAX_MONEY = 2500000000 * COIN; // FedoraCoin: maximum of 100B coins (given some randomness), max transaction 500,000,000 for now
What did it mean? Why its commented as 100 billion total coins instead of 500 billions was announced?
Re: BOUNTY ROUNDUP - Looking for Fedoracoin TIPS iPhone Wallet
I may contribute some TIPS to anybody who will promote this great coin in any method, will it be an iphone wallet or something else. Common guys, let's raise this coin.
Either a HD 6970 or HD 7870, used of course and on Craigslist. I got my 2x HD 6970's for $220 and do 1000 kh/s. That's cheaper than buying a HD 7950 for $300 to $450 that does only 550 to 700 kh/s.
Where did you got 2x 6970 for 220$ ?
Hello all.
I want to start my own scrypt mining pool. Think that my technical background can help me with server's setup etc. I also read some documentation (not all) about pool mining. But this question is googled not very well. A tons of information about how to build your own mining rig, but I not needs mining rig, I need mining pool for example based on MPOS, that's people can use it for collective mining. So, what questions are remined out of my sight.
1. Hardware requirements. For example, my pool is works on X mhs (scrypt), what's network/cpu/disk utilization, in a word what server power I need to provide for this X mhs ?
2. MPOS installation guide said that litecoind setup is needed. Is this true for all scrypt coins or I need to setup some own xxxcoind for each coin?
All additional links are fully appreciated. Thanks.
I want to start my own scrypt mining pool. Think that my technical background can help me with server's setup etc. I also read some documentation (not all) about pool mining. But this question is googled not very well. A tons of information about how to build your own mining rig, but I not needs mining rig, I need mining pool for example based on MPOS, that's people can use it for collective mining. So, what questions are remined out of my sight.
1. Hardware requirements. For example, my pool is works on X mhs (scrypt), what's network/cpu/disk utilization, in a word what server power I need to provide for this X mhs ?
2. MPOS installation guide said that litecoind setup is needed. Is this true for all scrypt coins or I need to setup some own xxxcoind for each coin?
All additional links are fully appreciated. Thanks.