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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Mincoin (MNC) is a decentralized cryptocurrency and a direct descendant of Litecoin designed for optimal transaction processing with a target block spacing of only 60 seconds. Like Bitcoin and Litecoin, Mincoin is a peer-to-peer electronic cash system released into the public domain as free and open source software.
PSA: Users, (solo)miners, exchanges/merchants, and pool operators must be on v0.10.1 in advance of the hardfork otherwise you will get forked/booted off the network. Miners, please contact your pool operator to ask them if they have upgraded | Monero v0.10.1 released - mandatory upgrade!
Approximately the 9th of January there will be a hardfork on the Monero network. Most pools have upgraded or are in the process of upgrading, but some have not upgraded yet. If they don't upgrade before the hardfork they will get forked/booted off the network. As a result you will miss out on revenue if you are mining on these pools. Thus, if you are mining on one of the pools that hasn't upgraded yet or hasn't scheduled an upgrade, please contact your pool owner as soon as possible and urge them to upgrade. Alternatively, you can switch to a pool that is on the right version.
To all pool operators: If you haven't already, you will need to update the node-cryptonote-util software in order for your pool to cross the january fork. I think many of the pool ops have done so already, but for those who are not in #monero-pools, you will need this patch: https://paste.fedoraproject.org/506116/17116821/ This applies to zone117x's version of the pool. There is a version of this ported to clintar's fork, which is here: https://github.com/M5M400/node-cryptonote-util/commit/37f50f9b535f0258c3a1c6f7247a891b4c211ff3. If you're not running this when the fork happens, you will be forked off. For pool miners, you may want to check with your pool op that they're running the patch a few days before the fork, and switch to a known good pool otherwise. Please prefer smaller pools when doing so.
Also bear in mind that running v0.10.1 or the GUI beta is mandatory. Any other versions will get booted off the network. Thus, miners, please email your pools and ask them if they are running v0.10.1 and have applied aforementioned patch.
General hardfork information
The upcoming fork will enable Ring Confidential Transactions. This will significantly enhance Monero's privacy. Note that they will not be enforced yet. That is, this hardfork will enable them, whereas the hardfork of September 2017 will enforce them. If you want to read more about Ring Confidential Transactions, see: https://lab.getmonero.org/pubs/MRL-0005.pdf https://monero.stackexchange.com/questions/tagged/ringct Due to variance the hard fork will likely be on the 9th or 10th of January. A specific block height was determined for the hardfork, not a specific date. The specific blockheight for the hardfork can be found here. That is:
// version 4 starts from block 1220516
As an user you need to run either v0.10.1 or the Monero Core GUI Beta 1.
Monero v0.10.1 - Wolfram Warptangent - release
First and foremost, please upgrade to this version. A blockchain resync is not needed. Only this version will work after the fork of January 5. Note that this fork will enable Ring CT transactions, but will not enforce them yet.
This is a necessary point release of Monero v0.10 "Wolfram Warptangent", and is highly recommended as it includes consensus-changing fixes to the RingCT implementation and various other bug fixes. Some highlights of this release are:
major changes to support the GUI
adds full support for "fluffy blocks", a propagation improvement similar to Compact Blocks in Bitcoin Core
adds in a dynamic fee system
expansion of the data stored in the wallet cache, including the GUI address book
switch to Borromean signatures in RingCT
add Monero payment URI support to the wallet library
complete overhaul of the threading system
optimise the wallet blockchain refresh mechanism
created a contributing guide
switched to a dynamic dust threshold system
added a command to compute the total coinbase
major RingCT performance improvements
killed off the old fast_exit mechanism, which caused more issues than anything else
improved and fixed the cold wallet transaction signing mechanism
Simply create a new directory with the 0.10.1 binaries and copy your wallet files over to there. Make sure to backup your wallet files properly. If you need any help, feel free to PM me or respond in this thread. Note that your wallet contains three files, namely wallet.keys (this is the most important file, since it contains your keys), wallet (this is the wallet cache, which contains your transaction history and private tx keys), and wallet.address (which is just your public address). In addition, if you incur a bug whilst upgrading, you can always restore your wallet with the mnemonic seed as follows: For Mac and Linux: ./monero-wallet-cli --restore-deterministic-wallet On Windows make sure to launch it from the command line. Go to the folder monero-cli-wallet is located and make sure your cursor isn't located on any of the files. Subsequently do SHIFT + right click and it will give you an option to "Open command window here". Lastly, type the following command: monero-wallet-cli.exe --restore-deterministic-wallet If you want to restore from the private keys instead of the mnemonic seed, replace --restore-deterministic-wallet with --generate-from-keys
Contributors for this Release
This release was the direct result of 29 people who worked, largely unpaid and altruistically, to put out 481 commits containing 10 517 new lines of code. We'd like to thank them very much for their time and effort. In no particular order they are:
J Ryan Littlefield
You can find the release (and binaries) of the first beta here.
(TL:DR - Escrow scam. Forums. DON'T DO IT!!!) Morning Redditors, This is the story of how I gave away over £12,000 of Bitcoins last night to a conman. I hope that it is a good read, up there with other true crime stories like The Hatton Garden Heist or Making of a Murderer but I can't promise crowbars let alone a murder. The real purpose of this story is to make sure no one else ends up being scammed like I did. Two days ago I watched with my brother the escalation of Ethereum up into the night sky, a twinkling $2 star. We discussed making an investment in Eth as our mining operation at 126 MH/s didn't instill the same sense of excitement from the rising Eth price. What if we had not spent £900 on the rig but simply invested it at 90 cents. We'd surely be laughing now. Not watching tears puddle. Now it isn't straight forward buying Eth, first you have to get some Bitcoin and then use that on an exchange site to get Eth. Being a tight arse I spent a long time googling how to get hold of Eth in the cheapest possible way without buying it for $2.2 or more. That's when... Scanning the https://forum.ethereum.org/categories/sale I spotted a guy who wanted to sell over 32,000 Eth. The dream was to be able to afford vanilla latte's whenever I went out. A mere 1000 Eth would be plenty... Exhibit 1 This is the post I clicked on and private messaged the guy.. "I'll offer you 4.5 BTC for 1000 ETH". That's about $1.8 per ETH. "I can sell you more 10k ETH for 42,5 btc if you want to buy." About $1.7 per ETH. "Hmmm. I'm interested, but want to know a bit more. How would this transfer work? How do I know I won't get scammed :) Sorry. Thanks" Slap myself so hard it cuts my quivering lip "It's ok and i respect yours question . We can use any escrow , also i have 15600 ETH and i will sell them all.Ok, escrow is ok for me." "Ok. I've never used an escrow before, do you know a particular one that is good?" "https://webchat.freenode.net/ channel #ethereum DEV is Animazing , join here pls" Exhibit 2 OK so it should be like on a submarine when the alarms go mental, all the internal cogs firing warnings. Yeah I obviously had a few doubts but the guy was so convincing and confident.. bloody con men. -------- PART 2 -------- This is not easy to write. I'd prefer to simply forget and move on and not go on any holidays for a while. You may have noticed how my initial 1000 ETH request turned into 10,000 ETH! Just like that. Hey, why not? We could sell it on almost immediately for more. OK. That's most of my savings but imagine the reward. And so easy. Easy money. If it looks to good... blah blah. bullshit. So we're doing escrow. ESCROW. Someone mentioned that once somewhere, it's that safe way of transferring money via a middle mediator who makes sure both sides give him the money before he passes it on. Everyone is happy. And safe. I googled escrow naturally as I didn't know much about it. Still don't. But the fact is there wasn't an obviously site that jumped out and said "I look safe and modern, do escrow with me!". So I kindly asked the conman to recommend somewhere and he directed me to the chatrooms of Ethereum. Fucking hell. Anyway on we go. --- NEW SCENE: https://webchat.freenode.net/ #ethereum --- The guy StrongEth has the name 'Navigator' now. He directs me to a private chat room with a guy called @'Animazing. I have no idea who this is. I am reprimanded by @'Animazing for my ignorance. He is an Ethereum dev and forum moderator. Oops, I don't want to ruin the deal. I apologise for my ignorance. Navigator also apologises on my behalf and then tells me not to worry in our own private chatroom. [19:07] <@Animazing> i/m Moderator [19:07] <@Animazing> and who are you ? [19:08] <+lifeofplum> I'm just a guy who wants to buy some eth [19:08] <+lifeofplum> Ok but I don't see what stops you running with our coins? [19:08] <@Animazing> Then go search who i'm [19:08] <@Animazing> before you say anything [19:09] <+Navigator> sorry man [19:09] <+Navigator> He don't know, he is new [19:09] <@Animazing> I don't care Navigator who is who [19:09] <+Navigator> i know [19:10] <@Animazing> He need to checked before he cross in Ethereum community [19:11] <@Animazing> http://pgp.cs.uu.nl/paths/85BE4B0C/to/695506FD.html [19:11] <@Animazing> ifeofplum [19:11] <@Animazing> http://pgp.cs.uu.nl/paths/85BE4B0C/to/695506FD.html [19:11] <@Animazing> FIRST READ [19:11] <+lifeofplum> look i'm going to need to do a bit of research, this is just going a bit too quick sorry [19:12] <@Animazing> https://redditjs.comanimazing [19:17] <@Animazing> So guys To be honest I had no idea what these pgp images showed. But they looked legit to me.. Me. Who knows nothing about escrow or pgp. Dick head. Exhibit 3 - PGP link My next quest was to get hold of 42.5 BTC. No easy task. Especially when you are not verified on any of the main sites. After a couple of hours deliberating and coming up with nothing I tell Navigator it is no good, maybe we can try again tomorrow. I was going to play a boardgame downstairs (Castles of Burgundy) so was quite happy to leave it there. Navigator says "try LocalBitcoins". The price was £293.46 per BTC and I would deal with a individual seller. Hmmm. I wasn't too sure about this. But I thought it seemed alright and could be done quickly so I went ahead. Doing it in two installments of 20 BTC and then 22.5 BTC .. to be safe!!!! Ha. Well it went perfectly well. That was maybe another point where I got further sucked into his web. Now I had trusted one random guy on the internet and it had gone well. Why would I doubt Navigator? Eh? The excitement was beginning to build. Imagine 10,000 ETH. Imagine when the price climbs higher. This is my moment. At the time I remember thinking.. "look back on this date as one of those days when your life changed". Oh god. The writing was on the wall in front of my face. !!!ATTENTION: people have been impersonating Ethereum staff. Please note: we will NEVER advise you on an investment, ask for private keys etc. Be careful !!! I even brought this up with Navigator.. "Yeah you have to be careful". We can trust @'Animazing though 100%." Fuck a doodle do. Animazing gave me his bitcoin address. I send the 42.5 BTC to that address. He tells me to be patient, it can take up to 20 minutes to reach him. We wait 16 minutes exactly until it is confirmed. [22:53] <@Animazing> i POST BTC address [22:53] <@Animazing> 1AA3DK4ru2musrEuduyg4dSofCieZteUAW [22:53] <+lifeofplum> ok [22:54] Ok 42,5 btc for 10000 ETH [22:54] <+lifeofplum> Right [22:54] <+lifeofplum> Sending now [22:54] <@Animazing> Ok [22:54] <+lifeofplum> Sent [22:55] <@Animazing> Ok [22:56] <@Animazing> waiting to confirmation [22:58] <+lifeofplum> how long does this normally take for transfer? [22:58] <@Animazing> still unconfirmed [22:58] <@Animazing> 20 min [22:59] <+lifeofplum> ok [23:12] <+lifeofplum> 1 confirmation i think [23:12] <@Animazing> yes , still waiting [23:18] <+lifeofplum> I see "3 confirmations" for the transaction in my wallet now [23:19] <@Animazing> wait pls [23:22] <@Animazing> 2 confirmation [23:22] <@Animazing> in the wallet [23:22] <@Animazing> just wait 1 more [23:32] == `Animazing [[email protected]/web/cgi-irc/kiwiirc.com/ip.188.8.131.52] has quit [Quit: http://www.kiwiirc.com/ - A hand crafted IRC client] [23:32] == Navigator [[email protected]/web/freenode/ip.184.108.40.206] has quit [Quit: Page closed] Hold on. Why did they both leave at exactly the same time? Stay calm, it's ok. Maybe the chatroom went down. But I was still here, other people too - enquiring about how to get their mining rig running in Geth. That black hole of doubt started sucking me in. Little by little until I was overcome. This cannot be. No way. There must be an explanation. @Animazing was still in the forum but when I tried messaging him I was told he way away. Hmm. Why had he suddenly disappeared? Surely everything would be OK - if he were a main dev of Ethereum he couldn't run away. THINK. Navigator had sent that pgp image and there was an email address for one Jeffrey Wilcke. I googled him, he was definitely a real person. Everything would be fine. I could hunt him down in Amsterdam on my bicycle if need be. So I emailed him. No reply. Found Animazing on Reddit - "Where are you? We were in the middle of escrow." Found Ethereum on Facebook - Private message "Do you know Animazing? I need to speak to him asap." What to do? Had I really just lost £12,748? Cycling through the stages of grief. Denial. Anger. Bargaining. Depression... Surely someone would know Animazing in the chatrooms. I spammed everyone. You know when you exert yourself or find yourself really panicked and high on adrenaline, and you just don't care about anything - no inhibitions. Well now I was at this point. Someone needed to tell me something. Finally some guy called kopykat seemed a bit wise to the situation.. "What was his name exactly?" he asked. "Animazing" "Can you copy and paste it?" "@'Animazing" "Well that isn't Animazing. Do you see the '? It's a fake account. An impersonator." The final torpedo had hit. The submarine was going to rest on the bed, the people resigned to be entombed for eternity among the fishes. ANGER. HOW COULD I BE SO STUPID? PART 3 - Today. 25th January. After the night before. An awful night of anxiety, there was no cold side to the pillow anymore. At around 9am I received an email from an Ethereum developer - the real Animazing - who I had Facebooked last night: "I'm afraid you got scammed. I have never done nor will I ever do an escrow." Bargaining. It can't have been for nothing. As I rolled sweaty in the night head spinning like the stars above I thought about how this could possibly be a positive thing in my life. I would sell my story and make my money back! HA. Nope, that would mean everyone would know how much a fool I am. I don't want to be a fool to the world. I can keep that to myself. Maybe this is my way in to a job at Ethereum? Some people do actually have to pay for internships these days. Nope, it is time to be realistic and go and chop some wood. It won't know what hit it. The final stage of grief hit me late this morning: Acceptance.
What is FLO? FLO is a cryptocurrency that introduces a worldwide public record for storing information. FLO coins are needed to pay for storage capacity, and coins are issued to reward participants for their work to secure and distribute information. FLO is used to send payments and store data. This encourages building applications because anyone has the ability to write data into FLO. How does FLO work? FLO is a network similar to bitcoin where the open ledger is secured by miners competing to find proof-of-work. FLO has its own ledger, called the FLO blockchain, that can be thought of as a digital public space for storing information.
40 second block generation allows for fast confirmations, but not too fast to cause problems with network synchronisation.
No pre-mine, super-blocks or zero-blocks at the start.
Quick difficulty adjustment should limit insta-mining in the first hours after launch.
A floData can be added to any coin transaction. This can be used to attach a simple message or reference to a transaction, or for any other purpose decided by the coin receiver and sender. floData is currently limited to 1040 characters. Both the GUI and RPC interface have been extended to implement this feature.* The floData field can be seen under the "Transactions" tab when you double click on a a transaction ("Transaction information"). Also available from the terminal by doing "listtransactions".
Note that floData is stored in the block-chain and are therefore public. If you want to send private information in your floData you should encrypt the message using a method agreed upon by the sender and receiver.
floData has minimal impact on the size of the block chain due to small size (relative to the size of a block in the chain) and the fact that it does not take up any extra space when not used in a transaction. Transaction costs (calculated on transaction size) also offset the impact of slightly larger transactions when floData is included.
Block target spacing: 40 seconds Difficulty retargets every blocks Block reward: 100 FLO, halving every 800,000 blocks (about 1 year) Maximum coins: 160 million FLONetwork port: 7312RPC port: 7313
Welcome to the Florincoin subreddit! This thread holds important introductory info on the technology behind Florincoin, how to mine, and how it's used in the wild
FLORINCOIN Florincoin is the first cryptocurrency to implement the transaction-comment feature, also known as "tx-comment" and "the text comment field". Transaction comments can be used simply as a greeting, a means of communication, a permanent historical record of data, and in more complex cases it is as a basis for advanced peer-to-peer application layers. Florincoin was created by bitcointalk.org user skyangel on June 17, 2013. The hashing algorithm is scrypt, and its core code is a fork of the Litecoin project. The transaction comment capability is a major improvement upon existing crypto currencies, and this subreddit is a collection of ideas, information, and use-cases for this powerful blockchain technology called Florincoin. Official Website
There are lots of nice communities on IRC with rooms for discussing various topics and people giving free support for problems
You can access the Freenode IRC channel through your web browser here: http://webchat.freenode.net/ Channels begin with # and you can specify multiple ones using a , between them. i.e #bitcoin, #electrum, #coinbase
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