Hey guys, been mining some other stuff but want to give VTC a try. It seems a little different with the P2pool stuff. So I have a few questions. I joined the dev run P2pool last night.
I didn't start getting payments for blocks until about 8 hours after I started mining, Is this normal?
Another question is I am getting payments that are about 1/4 of other people in the list with similar hashrates.
VnKgfNkVMBinCaucBA31ACxzdW69PjbRT2 119.78 MH/s 19.65 MH/s 16.41% 0.03742820 VTC
VrRpC6CsWJ7AXZczLEEqAR1UrAoSHq4d78 57.18 MH/s 4.17 MH/s 7.29% 0.07246240 VTC
VqapGaHTMo3f5hPyscfpHpwCZytDYJmSWw 113.82 MH/s 13.48 MH/s 11.84% 0.12020580 VTC
VkqJLcWCFvKArpvsDx9hnhGAXxHbxEzxei 23.52 MH/s 3.43 MH/s 14.58% 0.03778800 VTC
VtUXrnMAVPgxi7jyYMQ7REyYVsYYTG556P 3.43 MH/s 1.57 MH/s 45.73% no shares yet
VgBfj1DxEPSBgof6WCggg98MQ1hWH4RaB1 15.97 MH/s 1.37 MH/s 8.58% no shares yet
VsVLEAihofGrdZSHAr6si8BoYjrMWmkDdy 21.74 MH/s 4.96 MH/s 22.81% 0.03760330 VTC
Mine is the first one, why is the estimated block reward so much lower than the others? does reward increase over time or am I doing something wrong?\
I'm using the latest ccminer 2.2.1 is there an optimized version for VTC?
Thanks.
Yes, with p2pool it takes a while to get first payment sometimes, and then your payments will build up over time to maximum. You will also continue to get payouts for some time after you stop mining too, so it's not unfair, it's just a different reward system. |
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Lol, can he tell us what byteball price will be in 1 and 5 years from now? Seriously though, the restaurant and fertility guy are nice pickups. Maybe can get some online stores that sell crypto swag to join in too. |
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Volume is really drying up on Bittrex, and pushing all time lows v. BTC there as well. Will be interesting to see if this breaks up or down in the near future, don't think it will keep bumbling along sideways on tiny volume too much longer...
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Well, I was really happy the last week with the ravens D so they were playing Jacksonville and I decided to roll with them and Damn They laid and EGG! thats 2 out of three weeks my D has screwed me! funny thing is I used to stream D's pretty well in the past. Literally thought without robinson Jax would have gotten crushed, I would have never guessed Jax could put up these kind of numbers, they must have pulled a fire alarm on the Ravens hotel.  Ohh and The Ravens Offense is just Horrible! First time I've watched a Ravens game in years. I didn't watch, but sheesh, 44-0 when I just checked. Must be jet lag...or something... |
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When can we expect next airdrop?
and is it true that rewards are getting reduced
Next airdrop, if rules didn't change, will be in 6 October. The reward will be same as the previous one, in September Pretty sure it was already announced that the next airdrop will be done in November. |
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Since the next round of the Distribution is going to happen in November 4th then guys what do you think about the price of Byteball?
Is the price going to be increased as there are around ~50 days left for the next airdop!
Also what is the current price of GBB (since it is not listed in exchanges) 1 GBB = x Bitcoin?
I think 1 GBB is usually trading around 0.03-0.05 GB, which would be 0.002 BTC. |
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Awesome, a million times better than old iframes thing with video showing up immediately. |
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... It looks like Bitcoin has worked with i2p since 2012: https://www.reddit.com/r/Bitcoin/comments/13gfda/bitcoin_on_i2p/I mean, it's an old version, but should still work I guess: http://echelon.i2p.xyz/btci2p.xyz/Almost on same codebase as Verge  You see, I thought that Verge was based on v0.8 codebase because the INSTALL file in root github directory is identical between Bitcoin v0.8 branch and Verge master branch, but it was changed in v0.9 and v0.10 for Bitcoin. Also the folder structure looks like pre-v0.10 I thought. Looking at your github with the coin emission - man, 75% of all coins that will ever exist mined in the first 10 days or so when you were generic scrypt clone called Dogecoindark. Wow  I know a lot of them probably got spread around. I certainly bought a couple when they were trading on Cryptorush v2 for 1-3 sat, but still... Whatever happened to that scammer dragon guy anyway? Anyway, so no specifics on Wraith protocol? You guys are just gonna roll it out on mainnet without any public testing or scrutiny, or there will be a paper or some test code forthcoming before it's actually implemented for use on mainnet? I think a reddit user pointed out a long time ago i2p was only on the bitcoin testnet, not the real blockchain, making Verge still first. The statement about coin emission is patently false, for the sake of saving face I'd suggest you're looking at DGD not DOGED (a long lost coin of the same name, DogecoinDark). I think Wraith Protocol is basically stealth transactions, which solves that issue of identity security when transferring from an exchange or in person, which I believe was first in Vertcoin. Of course, you can buy from exchanged.i2p right now and not have this issue with Verge, for different reasons. The link to client I shared runs on mainnet. https://bitcointalk.org/index.php?topic=151181.0There's nothing in the instructions about setting testnet flag. You're correct, re: block rewards. I was thinking of normal bitcoin clone where halvings are evenly spaced in time, but here they're not. Here is the Verge/Dogecoindark repository: https://github.com/vergecurrency/VERGEQuoted from the readme: Blockreward:
Block 0 to 14,000 : 200,000 coins
14,000 to 28,000 : 100,000 coins
28,000 to 42,000: 50,000 coins
42,000 to 210,000: 25,000 coins
210,000 to 378,000: 12,500 coins
378,000 to 546,000: 6,250 coins
546,000 to 714,000: 3,125 coins
714,000 to 2,124,000: 1,560 coins
2,124,000 to 4,248,000: 730 coins 28000 blocks (the first two parts of the schedule) at 30 seconds a block is about 10 days (there are 2880 30 second periods per day), comes out to about 4B coins in ten days, or 25% of total supply to ever exist. The total coins that will ever exist are 16.5 B. After first four halvings, 9.1B coins emitted in about 70 days, so almost 60% of all coins to ever exist in first 10 weeks. Not exactly a great distribution imo, but certainly not as bad as 75% in first 10 days. If it's just stealth addresses (which have been around for at least four years), then why do they need to come up with some cool/scary sounding name like Wraith protocol? |
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So how did the hardfork went? Was it today was it? Any news? I find the price getting stable but I would not buy more just yet, still waiting for a more stable price. it's happening in about an hour... |
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My wallet is not syncing. Could someone please send me the .CONF file please.
You shouldn't need anything in conf file, it should just work as is. You can try adding nodes from the list of wallet peers here though: http://myriad.nutty.one/home |
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Regarding the privacy of Verge, I read somewhere, this is open ledger. Is this true? Can someone explain this?
Thanks
Anyone? It's a Bitcoin clone, using a very old version of the Bitcoin codebase. It has no privacy features. The so called privacy is shipping a version that uses tor by default (or has a switch to turn it on?). Guess what? It's simple to run Bitcoin over tor, and you'd have far more privacy because people actually use Bitcoin. Hi, my name is Michael Stollaire, a member of the Verge (XVG) Core Team. The very old version of the Bitcoin codebase statement is absolutely not true. About privacy, we are releasing a new feature this month called Wraith Protocol, which puts Verge on the same level as Monero and the other privacy coins, making this statement incorrect as well. Hi Michael Stollaire. It kind of looks like Bitcoin v0.9 codebase, which was released more than three years ago. Is this incorrect? Do you have any info about this wraith protocol? Doesn't seem to be in the op. Is this something you guys are rolling your own, or borrowing from somewhere else? hi jwinterm, long time no see. this is something we are rolling out. also, its based somewhat on btc .10. but bitcoin obviously does not support i2p, and does not support multi algorithm mining (as you already know) we dont plan on integrating segwit, if we need to scale up, we will do so on-chain. -sunerok It looks like Bitcoin has worked with i2p since 2012: https://www.reddit.com/r/Bitcoin/comments/13gfda/bitcoin_on_i2p/I mean, it's an old version, but should still work I guess: http://echelon.i2p.xyz/btci2p.xyz/Almost on same codebase as Verge You see, I thought that Verge was based on v0.8 codebase because the INSTALL file in root github directory is identical between Bitcoin v0.8 branch and Verge master branch, but it was changed in v0.9 and v0.10 for Bitcoin. Also the folder structure looks like pre-v0.10 I thought. Looking at your github with the coin emission - man, 75% of all coins that will ever exist mined in the first 10 days or so when you were generic scrypt clone called Dogecoindark. Wow I know a lot of them probably got spread around. I certainly bought a couple when they were trading on Cryptorush v2 for 1-3 sat, but still... Whatever happened to that scammer dragon guy anyway? Anyway, so no specifics on Wraith protocol? You guys are just gonna roll it out on mainnet without any public testing or scrutiny, or there will be a paper or some test code forthcoming before it's actually implemented for use on mainnet? |
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If you mine using the client wallet/daemon you are solo mining, and will only get coins when you find a block. Your hashrate seems pretty low, but if you want to estimate the time it will take you to find a block, just divide difficulty by your hashrate to get estimated time in seconds. So, 15M/15 is approximately 1M s, or 12 days. If you want small incremental rewards you need to mine on a pool.
Thanks! So it sounds like my laptop isn't really powerful enough for solo mining. I read something on reddit about this not requiring much power and it could be done on a phone. Figured I would dip my toes into the water. One block every couple weeks isn't too bad. Imagine if you could solomine a bitcoin block every couple weeks It kind of sounds like your laptop CPU does not have AES capability, which is very important to speed for mining cryptonight(-light). But if you just want to mess around and not expecting to make lots of profit, go for it. |
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I am pretty confused as to how you go about mining.. I am a total newb.
I downloaded the current release and sync'd, created a wallet and used the wallet to "start_mine 2". It currently has a hashrate around 13, and the difficulty is at 15,552,549. Which seems really low?
It has ran for about an hour, and I don't see anything being added to my wallet. I thought I'd see like.. .0002 or something being added, or does it not work that way? Is the difficulty just too low for anything to work? How could I increase the difficulty? I didn't see anything in the cmd lines to do that.
Can you use this release to go into a pool? I didn't see any config files to enter a pool address and such.
I thought about just downloading the Arux windows miner from aeon.sumominer and joining a pool that way.
Thanks in advance for helping this newb.
If you mine using the client wallet/daemon you are solo mining, and will only get coins when you find a block. Your hashrate seems pretty low, but if you want to estimate the time it will take you to find a block, just divide difficulty by your hashrate to get estimated time in seconds. So, 15M/15 is approximately 1M s, or 12 days. If you want small incremental rewards you need to mine on a pool. |
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I've offered trades. will not be in communication much I'm at casino loseing the farm. I think I'm gonna hold onto chef rb. He was probably like #1 point producer last week. I'll think about a counter... |
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Regarding the privacy of Verge, I read somewhere, this is open ledger. Is this true? Can someone explain this?
Thanks
Anyone? It's a Bitcoin clone, using a very old version of the Bitcoin codebase. It has no privacy features. The so called privacy is shipping a version that uses tor by default (or has a switch to turn it on?). Guess what? It's simple to run Bitcoin over tor, and you'd have far more privacy because people actually use Bitcoin. Hi, my name is Michael Stollaire, a member of the Verge (XVG) Core Team. The very old version of the Bitcoin codebase statement is absolutely not true. About privacy, we are releasing a new feature this month called Wraith Protocol, which puts Verge on the same level as Monero and the other privacy coins, making this statement incorrect as well. Hi Michael Stollaire. It kind of looks like Bitcoin v0.9 codebase, which was released more than three years ago. Is this incorrect? Do you have any info about this wraith protocol? Doesn't seem to be in the op. Is this something you guys are rolling your own, or borrowing from somewhere else? |
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I see how XMR managed to make it above 0.035 but the rivers of blood didn't let it be there for more than a day or two, but I am extremely happy that XMR is keeping up with a price tag of above 0.027 atm. I am an XMR miner and I am currently in profits but I think I should hold till it reaches 0.07 because I believe it should break 300 usd tag any time in the future, what do you say mates? Shall I hold or just sell them off?
If you're on the fence, why not sell half and hold the rest to see what happens? Personally I think it's going to probably stay mostly flat versus BTC for next few months. |
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Regarding the privacy of Verge, I read somewhere, this is open ledger. Is this true? Can someone explain this?
Thanks
Anyone? It's a Bitcoin clone, using a very old version of the Bitcoin codebase. It has no privacy features. The so called privacy is shipping a version that uses tor by default (or has a switch to turn it on?). Guess what? It's simple to run Bitcoin over tor, and you'd have far more privacy because people actually use Bitcoin. |
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This is why I chimed in. I'm trying to tell y'all that from a random outsider's perspective... nobody gives a shit if the goddamn whitepaper was copy/pasted. ZOMG!!! Conspiracy! Don't care. People see that it costs less than a penny, was the first CryptoNote and it's got a cool name. They're thinking maybe they're getting in on the ground floor of something since they missed out on BitCoin. And even if they read this thread (they won't), maybe they will get the same impression that I did. Not that there's anything wrong with Monero or its team. I've done some reading on XMR and it looks awesome. I know privacy coins are going to be a big deal and I hold some Verge (ask me why). Fluffy and Smooth represented Monero very, very well in this thread. Very knowledgeable and professional. Kudos. The coin just doesn't get me all warm and fuzzy even though I have my CPU chewing on XMR. You won't get scammed by mining Bytecoin, but you are kind of perpetuating their scam, and the marketcap is $337M, not $5M. The Cryptonote whitepaper was not copy pasted by Bytecoin. It was released around the same time as Bytecoin. They likely wrote the whitepaper and implemented it in Bytecoin, but they also almost surely faked several years of blockchain history and essentially premined more than 80% of all coins that will ever exist. That's a scam, imo, not sure about yours. Also, since you brought it up, Verge is garbage, maybe not a scam, but garbage nonetheless. It launched as a generic scrypt clone with the name Dogecoindark with a very front-loaded emission - like I think 75% of all coins that will ever exist were mined in the first couple months of its life as Dogecoindark. Later rebranded to Verge, but is still using a 5 year old Bitcoin codebase and the dev can't even get an electrum server running properly after two years. And it likes to masquerade as a "privacy coin", when it has no privacy features except for offering a version that runs on tor by default. This isn't a privacy feature, it's trivial to run Bitcoin over tor, and you'll have far more privacy doing that because people actually use Bitcoin. Good luck with your dogecoindarks tho... |
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I'm nobody and don't know shit about shit. I hold neither BCN nor XMR but thought I would give my two Satoshi after spending entirely too much time reading the whole thread from beginning to end in one sitting.
What an entertaining storyline! I'm not sure why, but I find myself rooting for Bytecoin here. Maybe because they're the underdog in this story. Or maybe the Monero guys are a little too "smooth" or "fluffy". I can't put my finger on it, but I get the feeling CN/BCN is/was a group of "old school" geniuses and XMR is a bunch of ego-maniacal prep school millennials.
Or maybe I just don't like Monero's stupid logo. I dunno. Either way... Team BCN!
Go go, Bytecoin!
Stupid sockpuppet name you chose there, Do you really think anyone believes the load of horseshit you just spat out? Lol. It's the same username I use across all of social media. None of which have anything to do with crypto (you're welcome to search it). Like I said... I'm nobody. Just thought I would offer an "outsider's" view of the sitch. Which, obviously, isn't worth much. Can I change my username? If so, may I have "Sockpuppet"? Link them. Lightly used two year old pothead account on reddit: https://www.reddit.com/user/taylorfadeVery lightly used seven year old twitter account: https://twitter.com/TaylorFadeLightly used G+ account: https://plus.google.com/113811220399612247019No youtube account. No facebook account. What's the other social medias? Shitcointalk? Lol! That's definitely not me on Reddit. That's me on Twitter. But I don't really "get" Twitter so I don't use it much (obviously). Have IG also, but I find myself just posting the same shit as I do on FB so it's not very busy either. That's me on Google. YouTube: https://www.youtube.com/user/TaylorFade187FB: https://www.facebook.com/taylor.fade.3Here's a 5 year old, nine thousand reply "ask me anything" thread on what used to be my home forum. Before FB groups killed the forums. http://www.caraudioclassifieds.org/forum/general-car-audio-discussion-questions/128204-ask-t-fade-anything.htmlAs you can see... my passion is mobile audio. And like I said... I'm nobody. Not everyone that disagrees with your point of view is a shill or a sockpuppet. Y'all should probably get used to random, ignorant people like me visiting and chiming in as crypto becomes more mainstream. I know you all are really looking forward to that. OK, then buy some Bytecoins and enjoy the scam. |
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