Still going, although the help I was getting hasn't worked out well enough. Trying again.

Yeah, I think it's best with a small emission. Right now the last release from a year ago has 0.25 SMC as the final halving amount that it would stay at indefinitely (before it continued halving past 0.25).

This might change a bit with a hybrid verification system (adding PoS as an additional layer) and requiring more than 0 transactions to make a block. Something like 1-2% emission seems to be optimal.

Actually it looks like the explorer wasn't synced, as there have been blocks regularly. I also figured out why the node wasn't returning a 'getblocktemplate' request when I tried to set up mining.

Working on a new block explorer, and then an exchange.

SMC can be used with the old wallet for now.

Overall it's looking pretty healthy. Under 30M total supply, very few new coins are added, most are several years old or more, and some could be lost.

Hey I fixed the links, they should work now. The wallet is functional but the coin is mined rarely (with pauses for up to a few months), so consider that at this time a tx may not go through for a while. Looking at this now, though.

FYI: SMC explorer moved to http://explorer.smartcoin.cc/

Hey, thanks for the info. No it's not. Looking at the price and volume, it would not be possible.

Things are going well. I'm now having another person helping with things.

SMC is still on schedule for a release later this year.

I would like to do something useful with it, not just try to catch the alt pump. And if it is useful, then the value should stay.

Nodes are running, but it's currently frozen because for some reason the mining stopped working after the last update. Rather than looking into that specific issue, I am rewriting a lot of things from scratch.

Here's my latest workspace with a skeleton version of the client running: http://smartcoin.cc/images/screenshot_112307.png

ETA? I'm not sure, hopefully this year. It's frozen for now on Yobit and I also hope that it would stay there without being discarded until the update.

Sorry that it's not out in time for this alt season, but if everything works out well, it should still be worth a decent amount for those that bought a while ago.

Which is like 300K at the time of Cryptsy, or what? Currently the plan is to refund some of the Cryptsy losses once the new version is ready. And use the rest in a development fund that can be voted on by holders.

Okay let's get this party started!

Hey, it's not ready yet. Also the transactions are frozen for now even with the old wallet.

Getting back to it once I finish moving and setting up utilities.

Using the 9.1 wallet? Yeah, it only has one node address hardcoded. Shouldn't be an issue in the new wallet.

Try these for now:

I sent SMC from an old wallet to the new one, and it didn't register because no mining was happening (I didn't see the transaction at all in the new wallet). But then when mining started a few days after, it went through. Therefore, transactions do currently work, but may take a few days or weeks to process. The important thing is having a wallet that you control and the keys to it. Working on making them fast in the next to-do item on the list.

Hey guys, good news, the update to the more recent Bitcoin code base has been done. You can see the recent changes on the new SMC repository here: https://github.com/psionin/smartcoin-1.1/commits/master

It is using the Dogecoin code that is based on Bitcoin 0.14, which provides significant improvements in build framework organization, P2P functionality, and overall stability of the node. This also paves the way for SMC specific customizations and features that can bring some attention and usage demand to the coin.

Setting up a SmartCoin node can be more easily done now on modern systems like Debian 10, which is what 1.1 has been tested on, as it doesn't require the older versions of Boost and OpenSSL. If you have been running 0.9.1, this update is optional. It's probably best not to touch it for now, as there are more changes coming up.

I built the Qt wallet and it looks decent, the peers are connecting much more smoothly than in the previous one. Not releasing it yet because I want to make a lite SPV wallet for a release so that casual users don't have to download the entire blockchain.

Please note: mining right now is the same as it has been for years, it goes on and off every couple of weeks, and so transactions do not confirm within a reasonable amount of time. This issue is next on the list! Transactions should be fast, like in Nano, Dogecoin, or Ethereum.

Then maybe some website based development and making a gateway for exchanging SMC to other currencies easily and without a large spread. So hopefully more is coming in the near future.

Stay tuned and have your old wallets ready for import!

psionin

Was thinking some more about this... basically the issue with Komodo is that both parties need to be ready to make a specific for it to occur. However, in practice, buys and sells need to be able to hang in the exchange platform for some days or weeks before a counterparty is found and the trade is executed. This can be done in a DEX manner if the blockchain has tokens and smart contracts, like Ethereum, but it still wouldn't be able to handle coins whose transaction rules are outside of its environment. The only way to send Dogecoin from any platform is by using the actual key for it. Hmm.

I don't see Komodo being used much and DEXs now seem to have mostly Ethereum token trades but not the main cryptos.

https://np.reddit.com/r/Monero/comments/i1fknt/ccs_results_monero_atomic_swaps_research/

Still more theoretical discussion about how swaps should work, it doesn't seem to have been solved yet properly.

I was thinking about interfacing with regular exchanges for now to get coins for withdrawal or to provide liquidity for certain pairs. Of course a better DEX solution would be more optimal though.

I agree here, I've also thought about it before and don't care for making some dubious hacked exchange account rich, especially while they contribute nothing and do not engage at all with the community. We'll have to see about what kind of a solution would make sense, maybe a vote perhaps. It's good to have this discussion.

We can chat here for now, but after the fork and some exchange listings, if the community grows, we can move to other platforms as well. This is still the place that is most responsive for now.

It wouldn't be a swap, the keys should be importable into the new wallet without any hassle.

I made a Telegram chat but there hasn't been enough interest in it. Maybe later on it can pick up.

Let me know what kind of DEX you are thinking about, if there are any examples in particular.

Then maybe. Does that mean that the address that it went to should be invalidated? What if it was already sold several times and the other parties paid legitimately for it? Or should new ones be generated to replace the loss at the expense of the whole network? What about cases when it was lost like Bitcoin in old hard drives?

Complicated topic here, I don't want to say yes or no. But my question is, even if it is a million SMC, is it such a big deal? It's basically worthless now. I would just buy another batch and keep it safe off the exchange this time if it's a project that I believed in and it was important to me.

There are a number of things happening and if they go through successfully then I think the SMC evolution can be part of it. For me it's not only about making an update to the blockchain but also having an application for this specific coin also.

I spent some time looking at CryptoNote, maybe it should have a layer of anonymity, and then a decentralized exchange aspect to it like with Komodo. A lot of complicated things to rework if doing it in C++. I was hoping to get away with using Python as much as possible. Not sure about NEM, I would rather not be getting into Java.

In regard to the claims from Cryptsy, I don't see a way to reverse it, does anyone else have a proposal? Can't just issue replacements for anyone who makes a claim without proof. However, it does seem like the majority of coins are sitting in some wallet with the entity controlling it never contributing anything to the project at all. If they were bought legitimately, then that's fine I suppose. But if it's through some criminal enterprise that hacks exchanges and gets the funds from them that way (Cryptsy, Cryptopia) while the actual owners lose them, then that is not good. However, unfortunately, I don't have a solution. Any ideas or other feedback on this?