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91
General Discussion / Re: Listing MTC in Binance
« Last post by DMG_The_Penguin on March 06, 2019, 12:43:55 pm »
Bruce don't even answer mentions and you dream Binance? If I ever see MTC on Binance I'l make a tattoo with the logo.
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General Discussion / Listing MTC in Binance
« Last post by MaeStro on March 02, 2019, 04:29:43 pm »
at recent months binance accepts many tokens and coins such as BTT, so why we don't post a demand for listing MTC and give binance part of the mtc's supply
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General Discussion / Re: Proposal for Upgrade Marinecoin Blockchain with Spike Diff
« Last post by honglu69 on February 28, 2019, 10:25:35 pm »
no reply from Bruce yet?
We will keep trying until Bruce comes out of cave:)


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General Discussion / Re: Proposal for Upgrade Marinecoin Blockchain with Spike Diff
« Last post by MaeStro on February 28, 2019, 04:12:59 pm »
no reply from Bruce yet?
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General Discussion / Proposal for Upgrade Marinecoin Blockchain with DynDiff
« Last post by honglu69 on February 27, 2019, 07:46:27 pm »
This was raised in github issue: https://github.com/marinecoin/marinecore/issues/4

But I think this issue is too important so that it really should take one thread here for discussion with all parties.  At recent past in 2018 summer, a miner attacked Marinecoin blockchain with tons of blocks (millions) at 1 second per blocks which destroyed MTC normal blockchain operation. ShorelineCrypto Exchange wallet was always  couple of hours out of sync then and not usable.   All deposit/withdraw was stopped.

This attack means that Marinecoin blockchain has security issue.  One is instant mining prevention on above situation.  Second is that this means potentially Marinecoin has 51% attrack risk on exchanges.  Currently this is not big deal because only two exchanges have MTC trading, but this poses threat for more exchange listing in the future.

There might be many solutions to this.  But I am proposing a Marinecoin Hard Fork to solve this issue with similar method of NewEnglandcoin (NENG).  NENG published whitepaper v1.0 on this dynamic diff algo as anti-51% attack anti-instant mining method:
https://github.com/ShorelineCrypto/NewEnglandCoin/releases/download/whitepaper_v1.0/NENG_WhitePaper.pdf

NENG v1.2.0/1.2.1 hard fork was released to implement this method. So far so good. Instant mining has been removed. Of course NENG is very different from MTC. I am proposing a difficulty spike of first 1 second as described NENG white paper can be implemented to block instant mining.

In the future, mining of Marinecoin can be further decentralized when the price of Marinecoin goes up in the future.  Marinecoin is minable,  1 MTC per block.  Not profitable today.  But when Marinecoin price goes up in the future,  CPU miners can join and mine Marinecoin.  This is more of long term decentralization goal, no need for concern for short term.
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it will grow. just we need to wait
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Dev Policy on Checkpoints on NewEnglandcoin

NewEnglandcoin v1.2.1 update is checkpoints security upgrade to secure the blockchain on hard fork.  Checkpoints technique is controversial method in blockchain world.
In fact, bitcoin itself has not performed checkpoints for a long long time.  The issue with checkpoints is that decentralization of  a coin means that nobody has central control on blockchain.
Certainly NENG dev does not intend to control NewEnglandcoin blockchain and merely view ourself as tech support.  However, frequent checkpoints on a coin means the coin is centrally controlled by dev team.

In order to fulfill decentralization goal of NewEnglandcoin, we as dev do not plan to frequently apply checkpoints technique.  We only intend to apply that on hard fork in the future.
Even for hard fork, we do not intend to impose our forking view by ourselves.  Any future hard fork will have several weeks to a month of pre-annoucement on hard fork in bitcointalk or discord for the intention.  We will also issue release of new software version one week in advance in order for members to prepare fork. The new release will have 1 week compatible blockchain with older version and will have fork a week later.   Therefore, 1 week to 1 month time will be available for NENG members to express any opposing opinions on fork, and there will be minimum of 1 week period to allow DEV to cancel or modify hard fork plans in the future.   We believe such procedure in place on NewEnglandcoin  from now on will surely confirm that
any future checkpoints on hard fork is not indication of any centralization.  NewEnglandcoin will continue to be a decentralized cryptocurrency and controlled by nobody just like bitcoin, litecoin or dogecoin.
 
The next hard fork or potentially a checkpoint on NewEnglandcoin will be Q3 of 2019, to be determined by our research on the results of v1.2.x release.
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Hello all.
I have a question as to why Bruce developer of Marinecoin appears so little. Another question is whether MTC will grow or will it die again?
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NewEnglandland v1.2.1 released at : https://github.com/ShorelineCrypto/NewEnglandCoin/releases

This is security update to have checkpoints on block 278008 to secure the hard fork.  This is recommended for upgrade for all users.
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CPU mining were back just minutes ago.  This was likely to be difficulty reset period.  It used to be super fast movement, 1 second per block for ASIC miners for 1440 blocks.
Because v1.2.0 upgrade removed instant mining, the reset took much longer to the point of slow movement on very low diff. 

But now the base diff is up so that CPU mining is back into play.
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