I am pretty sure that that is the point; to create a private blockchain. However, it could become very challenging to do on your own. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yes I have thought about this. That's why it is best to work on this together as a team instead of doing it alone since it is so much work. I have looked into BTC's source code and taking note of each and every detail in order to make my own altcoin. But still, it should not be that complicated to make it a reality. Just my opinion. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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If LIR gets added to bitrex or polo I can see the price skyrocketing, the other exchanges are used with more stable coins, so would mean a great vote of confidence to the project
Exactly. Usually when coins get added to big exchanges, it causes their price and trading volume to skyrocket as it will attract the big traders into it. If LIR accomplishes this, then it will be a good ride for this coin. That is why I think that LIR should be worth $0.10 by the next months. Just wait until it grabs people's attention and it will start to increase in price. Just my opinion. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Thanks to all who have voted & contributed to discussion. We're solidifying the ideas now for when MUE migrates. The plan will be aiming for a coin swap end date of 40 days from now which ties in with a coin supply of 100 million MUE (give or take a little). So, if you want to be part of this then watch all the usual channels for updates in the coming days. Just a heads up though, X11, Dash clone, and if you want some of the solo masternode action, make sure you have 1 million MUE to pay for it ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) "shared" options in masternodes will also be offered of course. Now is a good time to buy, we fully intend in making huge progress with this project over the next 12 months & wisely investing the development fund in further growth https://bittrex.com/Market/?MarketName=BTC-MUEMore updates coming with clear and solid plans and direction. Come and join in active discussion in our Slack, everyone welcome https://mueslack.herokuapp.com/Glad to hear the good news! These will be exciting times for MonetaryUnit. Now, everything will be ready to proceed towards the new coin algorithm to achieve long term success. I have a feeling that MUE will become a very popular cryptocurrency. It will have all the goods of Dash + the support and development of a solid dev and community. Now, I will continue to grow my stash of MUE to have at least 1 million coins for the masternodes. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Next has a decent step long time now, but it's price is been stuck for a while now, and by while I mean years , good for community bad for profit tho
Traders will take advantage of the rise cause by the ones who want to get Ardor which is mostly from the NXT community. Using the NXT price as barometer we can see that not much outside traders got in yet. This will change when the release of Ardor gets closer. Exactly. The more closer the release of Ardor is, I think that the more the price will rise but all will fall eventually as the hype passes by. Maybe that's the reason NXT is worth nearly $0.03 today (when it used to be worth $0.01 USD and sometimes even less) and I can't imagine how far will it go during the next days. As for ETH and ETC, it seems that ETH's price is declining while ETC continues to rise. It can probably mean that ETC will take the lead and become the second largest crypto currency on the market. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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I believe already there are lot of developments and projects like colored coins on bitcoin's blockchain. But your requirement sounds somewhat different. You'd probably best off having an altcoin because the result may be similar to be making an altcoin.
Yeah. At first, I was thinking about making a forked coin out of Bitcoin or Ethereum, but then I've just decided to choose another alt coin which has brought my attention. A hybrid coin would be pretty interesting to test out for my new coin. As for block size, I'm thinking of setting it up to 2MB for scalability. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Thanks for sharing another good asset to invest into. I greatly appreciate it! Everything about it looks promising, but I hope that this doesn't turn into a scam. Still, I wonder why Coinmarketcap has no information about Peerplays marketcap. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Good ICOs are valuable to invest into.
This is very much arguable. In the beginning Ethereum was looking like the one that would be at the level of bitcoin in popularity. Now it is looking like a very unstable project with an incompetent development team. Now I would like to know what is the opinion of the old men of crypto regarding Ethereum. Before I have seen that Nick Szabo supported it. What is his opinion now? I would like to know about that as well. Seeing how everything happened since the hard fork, I would say that ETH is already a failed project. Perhaps, ETC may take the lead and take over ETH becoming the second largest crypto currency on the market. Right now, ETC is increasing in price whereas ETH is declining. Just my opinion ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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This has gathered my attention towards investing into it. Looks very promising. Now I will add this gambling site, as well as the one from my signature into my investment portfolio. I hope that I will get good returns into Bitvest for the long term. Even though that every investment has a risk, it may still be worth it if the rewards are good. The higher the risk, the bigger the reward. Just my opinion. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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You can look in the securities section of the forum, but just like BANX shares just about everything there was a scam or turned into a scam.
Thanks for your reply. I'll try and check out that section of the forum and see what kind of assets would be worth to make the investment. Among the many scams that there have been in crypto land, I think that there are only a very few that have not turned into this scheme yet. This is the worst place to ask for what coins to buy. This thread is only inviting all the wrong and broken advice from all the people that have no idea. In short everyone who is giving advice is here is as knowledgeable as you. So it is better to do your own reading and decide which one is good yourself.
Thanks for your kind advice. I guess you're right mate. Everyday, I try to improve my knowledge in blockchain and cryptocurrencies by reading and asking questions, but sometimes it is best to make your own research in order to achieve good results. As for now, I think that the only choice left for me is LIR. It seems very promising but it may turn out to become a scam sometime in the future. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Thanks for your advice. I would prefer to just grab the source code of Bitcoin, compile it and select only the IP addresses from my private group. So it will start from block 0, basically from scratch. This way it would be better for me and my group to test certain capabilities and develop our way towards an almost perfect cryptocurrency. It will be a new altcoin but will be left in the dark for quite some time, because it will run in a private blockchain until it is decided to make it go public. It will be pretty interesting to see how our little project would go on for the next months. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) your gonna fail instantly.. if you are proposing the end result is to mine "in the dark" for a while before going public.. you are talking about a term called 'pre-mining" and no matter what features your new coin may have, it will instantly be categorized as a shit coin due to you not publicly releasing code allowing the public to start at block 0 at the same time as yourselves. so if your gonna have a go, have a go. just dont be a simple bitcoin replicant. try something totally different. and after you have had a play privately.. kill that blockchain data. and release the code publicly so everyone gets a chance to start at block 0. using hopefully some great new features. here is an idea.. there is big business not so much in the coin creation (code based) but in the physical equipment needed for the block creation (asic machines) if you want to get ahead of the future. first code a coin that uses 512bit or 1024bit hashing.. and then develop ASICS to do it more efficiently. eventually other coins will use 512/1028 so by you being one step ahead in the physical ASICs race, you can be as good as bitmain.. Thanks for the advice. Of course I won't be releasing the coin that has already been used and tested on the private chain. I know that premined coins usually turn into scamcoins so I will try to make it a fairly distributed cryptocurrency. In the way I see it, it will have a very limited supply, will start from block 0, and it will be a hybrid PoW + PoS coin. So basically, my team will be testing (or playing with) the forked coin in order to make a new one out of it starting from block 0 for everyone to start mining it. This will become a reality after quite some time. About coding a coin with 512bit or 1024bit hashing seems like a wonderful idea. If my coin could achieve this, it will probably become a success. I'll see what can I achieve with my small team of crypto enthusiasts.
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But also be careful of the dump after the distribution of Ardor. Thoughts like your last sentence have made newbies lose their money so you be careful also. I am saying this because other newbies like you might believe that the price will only go up and they might make a mistake of buying at the peak.
Believe me, I'm not a newbie. It is known that there will be a dump (as it happens most of the time on new and hyped cryptos) after the distribution of Ardor. That is why I will be extra careful and try to invest wisely. As soon as I see an increase in price, I will sell my NXT + Ardor tokens to secure my profits. Even still, I've got a lot to learn about trading cryptocurrencies. I guess that I'm only good at the technical aspects of cryptocurrencies, instead of trading them wisely. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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^^^ Your NXT won't be swap. If you hold NXT up to the release of ardor platform, you will automatically get the main chain token (ardor token), also you will get the first child chain token (name yet to be defined) and you can keep your NXT because they will still exist. Nxt 1.0 platform is planned to be supported by the devs for a while (next 2 years at the least).
In the end, 1 NXT = ardor + child token + NXT 1.0
So there should be 3 type of tokens trade in exchanges in the end.
Thanks for letting me know about this mate! At first, I thought that my NXT were going to be swapped towards the new token but I guess that it will be totally different than I expected. I think that this way it will be better since I get to keep my NXT + get a bonus of ardor and the child token. It will be a win-win situation in my opinion. Can't wait for Ardor platform to become a reality. In the meantime, I'll just buy more NXT while they're cheap. I have the feeling that these prices won't last for long! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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for testing purposes of bitcoin.... just grab the source code, compile it and only select connections from IP addresses in your private group. this will start off a new chain from block 0 if the other nodes in your private network do not have the 7 years of blockdata. if you want to start with the 7 years of bitcoins blockchain data be aware. you are automatically hit by the difficulty that comes with it. so trying to create new blocks ontop of the 7 years data privately will take alot of hashing power/time.
if you however start to change the code and mess with things, or create new blocks its no longer "bitcoin code" and would be rejected if you tried to open your private network to the public. in actual fact your new blocks would get rejected and your nodes would simply grab the real bitcoin blocks.. well if your concensus rules have not changed too much to invalidate real bitcoin data.
for testing purposes of new features just grab the source code tweak it to add new features, compile it and only select connections from IP addresses in your private group. this will start off a new chain from block 0 with 0 difficulty.
Thanks for your advice. I would prefer to just grab the source code of Bitcoin, compile it and select only the IP addresses from my private group. So it will start from block 0, basically from scratch. This way it would be better for me and my group to test certain capabilities and develop our way towards an almost perfect cryptocurrency. It will be a new altcoin but will be left in the dark for quite some time, because it will run in a private blockchain until it is decided to make it go public. It will be pretty interesting to see how our little project would go on for the next months. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Now I wonder if I would be able to use any Bitcoin miner to mine the forked alt coin from BTC? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) You're designing your own alt - it is entirely up to you whether you want to make it compatible with double-SHA256 and Bitcoin miners. I thought that it might work this way since I would be using the same hashing algorithm as Bitcoin but in my very own alt coin. If I decide to make an alt coin, I would choose to fork it from BTC and make another altcoin forked from ETH but this last one will be a private blockchain in which, it will operate more as a secret alt coin. Then, the only way to buy that coin would be via a decentralized marketplace with the use of anon coins. Just my thoughts. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Yep, coins that can be mined only by CPU are not so common and I think that there are plenty of people that would like to mine with CPU. It's an alternative to really think of.
It's certainly something that is worth considering. Yeah that is something that I might miss if MUE will have a change of algo. The only thing that I liked about Dash was the Masternodes feature. Will it be possible that MUE could still be a CPU minable coin but at the same time to get Masternodes features too? It would be pretty cool to see it become a reality, making a coin minable for any average Joe as well as being able to support the MUE network with Masternodes. Also, @bizzyb I'm looking for a physical MUE coin to be able to use it as cold storage. I've always loved to have one where I can deposit my MUE there and store it for long term in a nice physical MUE coin made out of brass or Gold, or maybe even Silver! If such thing would've existed, I would've bought one already. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Yeah LIR right now is the best to choose right now because its growing and many promises,, It cab be the same as waves or lisk. but we need to wait more .. because many altcoin too are releasing right now..
Good to know. While people are more focused into Lisk and Waves hype, it is the perfect time to buy some LIR before it grabs their attention. Now I wonder why I can't access the letitri.de site? (coin's official site)....I tried getting into it via Chrome browser but it says Connection refused. Maybe the dev is working very hard to give us a unique dice gambling experience. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Anyways, as well as LIR I'm looking into other assets which I could invest into and earn dividends. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Let's all forget about $1 and focus on $0.10 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ok? Yeah. I think that LIR might reach $0.10 in no time given the popularity and interest that it has recently. Since casinos/gambling are a very profitable business (for the house) then i'd say that LIR has a very bright future ahead. Now, I think that it is time to buy more cheap LIR to make a great investment for the long term. I'm starting to build up my stash by investing a little amount of BTC into it each day. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Thanks for sharing these articles. They really explain a lot about Ardor and its features. In my opinion, it looks like a whole new concept and it might me even something better than The DAO. Still, there is one thing that I don't get though. Does that mean that NXT will be called Ardor instead when trading at exchanges? Even though my NXT will be swapped to the new tokens, I'm curious to know if the NXT name will be preserved. But if the token/currency itself will be named Ardor, then I think that it might bring the attention of new investors to pump the price of it to the moon .(as it will have a new name + logo which they will think it is a new crypto currency) Just my opinion. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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buy the old skool starcoin STR currently featuring no nodes, a real clunker from 2014, that could always be fired back up
Yeah. I've noticed this after leaving the Starcoin wallet open for a few hours. I got no connections to the Starcoin network. So, why would I want to invest in it if there are no nodes to support the network. Being as it is, it looks like the coin is dead. Unless, somebody decides to run at least a full node then I could start syncing the wallet right away. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) The one thing that has attracted me of this coin was the PoS rate %. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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As always, thanks for another easy and pleasant payment from the signature campaign. It is a real pleasure being with you guys in this campaign after all this time. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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No sign of anything on the wayback machine, however domain history pulled up Try Contacting them and see if they have a backup of the site with the Wallets or source code.Raw WHOIS Record Domain Name: F-A-I.NET Registry Domain ID: 1962381646_DOMAIN_NET-VRSN Registrar WHOIS Server: whois.enom.com Registrar URL: www.enom.comUpdated Date: 2015-09-22T08:45:18.00Z Creation Date: 2015-09-22T01:40:00.00Z Registrar Registration Expiration Date: 2016-09-22T01:40:00.00Z Registrar: ENOM, INC. Registrar IANA ID: 48 Domain Status: clientTransferProhibited https://www.icann.org/epp#clientTransferProhibitedRegistry Registrant ID: Registrant Name: ANONYMOUSSPEECH ANONYMOUSSPEECH Registrant Organization: Registrant Street: 1-3-3 SAKURA HOUSE Registrant City: TOKYO Registrant State/Province: Registrant Postal Code: 164-0001 Registrant Country: JP Registrant Phone: + 81.09037462746Registrant Phone Ext: Registrant Fax: Registrant Fax Ext: Registrant Email: CONTACT@ANONYMOUSSPEECH.COMRegistry Admin ID: Admin Name: MICHAEL WEBER Admin Organization: ANONYMOUSSPEECH Admin Street: 1-3-3 SAKURA HOUSE Admin City: TOKYO Admin State/Province: TOKYO Admin Postal Code: 169-0072 Admin Country: JP Admin Phone: +81.09037462746 Admin Phone Ext: Admin Fax: +81.09037462746 Admin Fax Ext: Admin Email: CONTACT@ANONYMOUSSPEECH.COMRegistry Tech ID: Tech Name: MICHAEL WEBERTech Organization: ANONYMOUSSPEECH Tech Street: 1-3-3 SAKURA HOUSE Tech City: TOKYO Tech State/Province: TOKYO Tech Postal Code: 169-0072 Tech Country: JP Tech Phone: + 81.09037462746Tech Phone Ext: Tech Fax: +81.09037462746 Tech Fax Ext: Tech Email: CONTACT@ANONYMOUSSPEECH.COMName Server: DNS1.NAME-SERVICES.COM Name Server: DNS2.NAME-SERVICES.COM Name Server: DNS3.NAME-SERVICES.COM Name Server: DNS4.NAME-SERVICES.COM Name Server: DNS5.NAME-SERVICES.COM DNSSEC: unSigned Registrar Abuse Contact Email: abuse@enom.comRegistrar Abuse Contact Phone: +1.4252982646 URL of the ICANN WHOIS Data Problem Reporting System: http://wdprs.internic.net/>>> Last update of WHOIS database: 2015-09-22T08:45:18.00Z <<< ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Thanks for providing me this information though. I'll see what I can achieve by contacting the domain registrar and hopefully see if they have at least a backup of the site where I can download the wallets and source code. If I get the chance to obtain at least the source code and the wallet, then I might be able to keep the FAI network up and running by setting up some full nodes. (since I get 0 connections to it) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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