[GPUC] GPU Coin | Mandatory Wallet Update

[micryon]

period, for instance, the initial halving to 10,000 in a couple weeks, the next one in a year, with a lesser reduction say to 7,500 coins, and so on, the total coin generation should be able to be

To clarify the changes will be made so that the total # of coins generated through mining will be exactly the same, regardless.  It will just take longer to get there.  So Premine % will remain the same.


We can consider client side changes as well, but let's not lump that into this update.  Those updates can be done without forking.. for now we need to just focus on releasing the security hardfork patch along with this rescheduled reward patch.  We can also consider moving to 2.5 minute block times.. that's the equivalent of halving the block reward again though.

[djm34]

i am not sure if it is related to the future reward halving, but now the gpuc is at 3 2 sat... (on polo)
(in case you were thinking it would be a good decision... well think twice as the market doesn't seem to agree,
the price halving was implemented much faster than the reward halving  )

[micryon]

Could you add into the new wallet, an update system where any additional features to the wallet could simply be auto updated.
sort of like a plugin adder but is directly controlled by you so that if we request new wallet features they can be added in.
everyone has the same identical wallet for all coins, this one new feature would start a huge amount of buzz
once its added you could add tabs for exchanges, current sale/buy prices, store links, contests with their link to different forums..
also any pool that doesn't update to the new wallet wouldnt be listed till they confirm they are on the new wallet.

Although a good feature, it cannot be done by today.. we need to disconnect the two.  Release a hard fork patch first (with all hard fork security changes).

And then a later update that can do auto-updates that won't require a fork.

[jollyriffic]

what are we looking to replace kwg with?

[waltsmith]

period, for instance, the initial halving to 10,000 in a couple weeks, the next one in a year, with a lesser reduction say to 7,500 coins, and so on, the total coin generation should be able to be

To clarify the changes will be made so that the total # of coins generated through mining will be exactly the same, regardless.  It will just take longer to get there.  So Premine % will remain the same.


We can consider client side changes as well, but let's not lump that into this update.  Those updates can be done without forking.. for now we need to just focus on releasing the security hardfork patch along with this rescheduled reward patch.  We can also consider moving to 2.5 minute block times.. that's the equivalent of halving the block reward again though.

Exactly, halving the block reward again by increasing generation times, but no one bitches about it when done in that way.

waltsmith

[curiouser]

https://www.dropbox.com/s/rfx37igre5sm783/2014-04-09%2016.36.39.jpg

Just got my 2 240's!   Now to get these little guys mining.  It's gonna seem like child labor!!

[micryon]

Exactly, halving the block reward again by increasing generation times, but no one bitches about it when done in that way.

Personally i like it.. i prefer 2.5m block times anyhow due to less orphans/forks.. anyways i sent a message to jaymes about it... if you get a chance to check with him, that would be good too.

what are we looking to replace kwg with?

We're still using KGW, but it would be patched to protect from the timewarp exploit (that everyone is talking about...)

[svenp]

I'd like to put my vote in for *not* changing the block time.  1 minute is fine, orphans and stales get to be a problem IMHO below 1 minute.  If the purpose is to decrease the subsidy then just do it, leave the block time alone.

[micryon]

Okay since we didn't achieve consensus on the block time change, and i didn't hear back from Jaymes.. all that I will be doing is moving up the block halving slightly to block 65535.. changes are going in now, along with other security fixes.

[jimlite]

From another forum, THIS IS HOW MARKETING/PUBLICITY/EXCHANGES GET DONE!
A COIN'S SUCCESS IS MAINLY DUE TO ADVERTISING.

Quote from: linkandzelda on April 09, 2014, 01:55:09 PM
Just curious:
Has CaiShen coin broken the record of buying votes on Mintpal?
6 BTC !

"I know we did not break the record on Mintpal votes, but the record we will break is spending all IPO BTC on advertising CAI.
I know the fact we are not running away with peoples money might surprise some, as the altcoin norm these days is to cut and run.
We can not promise that we will be the next big coin, but be certain we will try our best. You can keep track of our progress and point
out anything you find to be contrary to that. We might change a few things like timing of an ad campaign or an exchange listing, but that
is done only when we feel there is demand for it. We also have plans to keep advertising CAI beyond the initial IPO funds. This is our way
of creating a trusting community."


We have a great dev, Micryon will make sure the wallet and coin has the best chance of succeeding, but JAYMES needs to read the
above paragraph and do that or hire whoever is doing that for CAI.  Black coin and Israel coin are going up like crazy while GPUC goes down like crazy SOLELY because they have news articles, big headlines, advertising, marketing, internet buzz.  Someone needs to do this for GPU coin. I can't even
believe there are not articles being submitted to every gaming and mining website from the GPU marketing team. What the hell are they doing? Pretty
sad when some no name or use chinese coin and a blatant Aurora coin copy cat (Isracoin) can get a TON of press, while GPU coin with all
it's great ideas and product behind it get's ABSOLUTELY NO MEDIA ATTENTION?  I have supported and mined this coin since day one, but I
may even quit if Jaymes or his marketing team don't start advertising, marketing, promoting, and getting a web presence for the coin.  I have been saying this since 20 satoshi, it's ALL about marketing. Look at what DOGE did with NOTHING but marketing.  Now we are at 2 satoshi, spending some of the
GPU coin pre-mine on advertising when we were at 20 satoshi looks pretty good in the rear view mirror now, eh? Now we are down 90% and YOU MUST STILL ADVERTISE, but now it costs you 10 times more.  We can debate all week about the halving and fork, but without proper promotion this coin will die, PERIOD.  Does the CEO or Marketing team even care? IF so, I sure would hope they would post their plans on marketing the coin here already.  This is a defining moment in time for this coin.  The marketing I have been bitching about for a month needs to happen from the top and a competent team.  This is a moment in time like Apple's stock was in the 90's, when the company was going to go out of business and the stocks was $1 (let's call it 2 satoshi like GPUC). Their only viable product was their MP3 like player, and there were many other MP3 players in the marketplace, but Apple marketed the F#CK out of their iPod, and the next thing you know, everyone is talking about it, buying it, using it, and then they become one of the most profitable companies ever, the stock goes to $800, well you know the rest.  Funny thing is Steve Jobs gets all the credit for the success of Apple, but that idiot couldn't invent, build, or even program a computer. Wozniak was the brains of the operation. But Steve Jobs sure the F#CK knew how to sell the shit out of something.  The point of my TL;DR rant is if you can't market, get someone who can and will immediately.

[huhliki.k]

A COIN'S SUCCESS IS MAINLY DUE TO ADVERTISING.

Only in this way and not another!

[vesperwillow]

Potcoin is also a good example of what marketing and active development can do to a coin's value. Not to mention if you keep track of market trends, Potcoin is the only one which is really shining right now.

[v3p]

I sold my holdings due to lack of communication. The coin is really close to death and I wanted out while I still could make something out of it.

Back to vertcoin with long term...

[Monetizer]

I am thinking of buying a couple GPU's of you guys. Do you ship internationally? What are the costs?

[micryon]

Okay guys GPUCoin 0.8.7.2 released.

  - KGW timewarp fix
  - OpenSSL heartbleed fix
  - Faster schedule for halving, 10k rewards now at block 65535
  - Hard fork at 65535 due to changes.. mandatory update.

https://mega.co.nz/#!rgJxnIrb!kb2IroSBkaT2kwjvQGz4da2E9vqbspdY64tGGDc0Q9g

Src: https://github.com/micryon/GPUcoin.git

Please pass the word along to all pools, exchanges, people.

[jollyriffic]

Okay guys GPUCoin 0.8.7.2 released.

  - KGW timewarp fix
  - OpenSSL heartbleed fix
  - Faster schedule for halving, 10k rewards now at block 65535
  - Hard fork at 65535 due to changes.. mandatory update.

https://mega.co.nz/#!rgJxnIrb!kb2IroSBkaT2kwjvQGz4da2E9vqbspdY64tGGDc0Q9g

Please pass the word along to all pools, exchanges, people.

anything special that needs done or just download and run it?

[micryon]

anything special that needs done or just download and run it?

Just download and run.  No major run time changes (since block is still < 65535)

[scott0577]

anything special that needs done or just download and run it?

Just download and run.  No major run time changes (since block is still < 65535)

Should I just delete old wallet?
Thanks

[jollyriffic]

anything special that needs done or just download and run it?

Just download and run.  No major run time changes (since block is still < 65535)

Should I just delete old wallet?
Thanks

just delete the two exe files, then replace with the new one.
all the old info will be there. texted on windows 7 ultimate 64bit

i'd like to test if the wallet works switching coins between the two if someone would be kind enough to send a single coin i'll send it right back.

[jimlite]

Okay guys GPUCoin 0.8.7.2 released.

  - KGW timewarp fix
  - OpenSSL heartbleed fix
  - Faster schedule for halving, 10k rewards now at block 65535
  - Hard fork at 65535 due to changes.. mandatory update.

https://mega.co.nz/#!rgJxnIrb!kb2IroSBkaT2kwjvQGz4da2E9vqbspdY64tGGDc0Q9g

Src: https://github.com/micryon/GPUcoin.git

Please pass the word along to all pools, exchanges, people.

Micryon, is the new wallet clean?  Here are virustotal results:

SHA256:    fbca88db26b94a9d33a679f4acabb89362c7f101555ab6039a496c8e5e165353
File name:    GPUCoin_Win32_0_8_7_2.zip
Detection ratio:    7 / 50
Analysis date:    2014-04-10 06:22:09 UTC ( 1 minute ago )
0
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    Analysis
    Additional information
    Comments
    Votes

Antivirus    Result    Update
Ad-Aware    Gen:Variant.Graftor.137341    20140410
BitDefender    Gen:Variant.Graftor.137341    20140410
ESET-NOD32    a variant of Win32/BitCoinMiner.BJ    20140410
Emsisoft    Gen:Variant.Graftor.137341 (B)    20140410
F-Secure    Gen:Variant.Graftor.137341    20140410
GData    Gen:Variant.Graftor.137341    20140410
MicroWorld-eScan    Gen:Variant.Graftor.137341    20140410