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121  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: April 22, 2018, 12:45:07 PM
To me, the biggest risk is if Bitcoin itself implements some anonymity features which makes a lot of these anonymity coins for the regular guy obsolete since Bitcoin's anonymity might be good enough. For example BIP-47 would be a good step forward. But you know how things move with Bitcoin... Roll Eyes

I personally believe that the time will come one day where Bitcoin will get anonymity features, but it won't be within the next few years.If Bitcoin goes anonymous too early, there will be a lot of defense from authorities.
122  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: April 08, 2018, 09:40:37 AM
We are aware of about 20-30% hashrate on some unaccounted pools. We knew this because when we were trying to notify our pools to hard fork, we couldn't find these guys.

Btw, we are aware of some of the concerns of miners that our hashrate is being dominated by botnets. Ocminer from Suprnova mentioned that previously there were some schools etc who complained to him and he identified them from many small hashrates. He does have a point.

I spoke to miningpoolhub on this and he mentioned that this could be CPU miners as well and he brought up that on other coins, there are single entities with much bigger hashing power as well.

So, both sides have valid points.

Regardless of this, MTP is now an absolute priority and coding is well underway. We will post updates as soon as they are available and a more accurate timeframe can be estimated but tentatively should be by the end of Q2 2018 and hence we won't be doing a another transition algorithm since it's not that far off.

We previously had some concerns of pool software as none of our coders are experienced pool coders but we believe that even if we have to launch with solo mining to start with and then organizing a bounty for an open sourced nomp or yiimp pool for MTP, this would be acceptable. A period of solo mining isn't bad and is true decentralization.






As I don't understand too much from the tech perspective, will MTP solve the botnet mining issue once and for all or are there also problems that might come up some time in the future?

As I understood MTP requires large amount of RAM ~10 Gb. Miner activity will affect behavior of average computer much more and thus will reveal itself. As expected botnet performance will be reduced.


So every mining rig would need 12 GB or so of RAM to be able to continue mining ZCoin? That's a hefty additional expense, particularly with DDR4 systems.

That means it does not only successfully prevent botnets from mining, but also negatively impacts all the average miners who have good intentions?

It may be. But miners have intention to do job for network unlike botnet computers which are just victims and tool in hands of botnet master.

Not so much.

"Reuben Yap 7 months ago

It depends on the parameters. The design goal is actually to allow MTP to go up to 10 gb of RAM while remaining lightweight to verify though the reference implementation is 2 gb."

Zcoin MTP video, only 2minutes 49 seconds to understand it.

https://youtu.be/DAJirQaBIzY

That seems to be an interesting solution, but I keep thinking of this always as a cat and mouse game. Like no solution is forever when it coms to technology. I can be totally mistaken because I am not a programmer, but maybe one day those who produce Asics find a way to counter this again? Could that happen?

They call them ASIC resistance algorithms. So they resist but are not ASIC proof.  Because of the memory usage, it increases the cost to produce a machine hopefully making it less profitable for them to make it for this coin/algorithm.  It should do a good job of identifying bots and help reduce those since the memory usage will hopefully alert the user that their computer is infected.

Other than that the mining difficulty is about to crack 29k, ouch.

Another piece of interesting information for me, thank you! I was of the opinion that ASIC resistance in fact means there is usually no way for ASICS to participate. I like this thread Wink
123  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers on: April 08, 2018, 09:39:23 AM
Price is bleeding let it bleed more han i will fill my bags. Weak hands are going out. Lisk will be 10x from here.

is bleeding a lot, but will rise in the future, almost all altcoins are in the same situation.





Nice time to accumulate more cheap lisk. Bear market will be over soon and the sea of red will become green candles.

When will be over? : (

If anyone knew exactly when it will be over that person would go completely all in I guess Wink Maybe the whales know, regrettably I don't Sad
124  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers on: March 27, 2018, 02:08:01 PM
Lisk is a successful crypto coin that is already around for quite some time, I have been following Lisk since 2016 and now the price have gone up because of the uniqueness which is the blockchain application for Javascript developers, also the development team are awesome, I have been trading Lisk in yobit and it did give me a good profit for a couple of years!

Congrats if you have not only been following Link since 2016 but also investing Wink That would have given you some nice profits!  Cool
125  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: March 27, 2018, 01:17:45 PM
We are aware of about 20-30% hashrate on some unaccounted pools. We knew this because when we were trying to notify our pools to hard fork, we couldn't find these guys.

Btw, we are aware of some of the concerns of miners that our hashrate is being dominated by botnets. Ocminer from Suprnova mentioned that previously there were some schools etc who complained to him and he identified them from many small hashrates. He does have a point.

I spoke to miningpoolhub on this and he mentioned that this could be CPU miners as well and he brought up that on other coins, there are single entities with much bigger hashing power as well.

So, both sides have valid points.

Regardless of this, MTP is now an absolute priority and coding is well underway. We will post updates as soon as they are available and a more accurate timeframe can be estimated but tentatively should be by the end of Q2 2018 and hence we won't be doing a another transition algorithm since it's not that far off.

We previously had some concerns of pool software as none of our coders are experienced pool coders but we believe that even if we have to launch with solo mining to start with and then organizing a bounty for an open sourced nomp or yiimp pool for MTP, this would be acceptable. A period of solo mining isn't bad and is true decentralization.






As I don't understand too much from the tech perspective, will MTP solve the botnet mining issue once and for all or are there also problems that might come up some time in the future?

As I understood MTP requires large amount of RAM ~10 Gb. Miner activity will affect behavior of average computer much more and thus will reveal itself. As expected botnet performance will be reduced.


So every mining rig would need 12 GB or so of RAM to be able to continue mining ZCoin? That's a hefty additional expense, particularly with DDR4 systems.

That means it does not only successfully prevent botnets from mining, but also negatively impacts all the average miners who have good intentions?

It may be. But miners have intention to do job for network unlike botnet computers which are just victims and tool in hands of botnet master.

Not so much.

"Reuben Yap 7 months ago

It depends on the parameters. The design goal is actually to allow MTP to go up to 10 gb of RAM while remaining lightweight to verify though the reference implementation is 2 gb."

Zcoin MTP video, only 2minutes 49 seconds to understand it.

https://youtu.be/DAJirQaBIzY

That seems to be an interesting solution, but I keep thinking of this always as a cat and mouse game. Like no solution is forever when it coms to technology. I can be totally mistaken because I am not a programmer, but maybe one day those who produce Asics find a way to counter this again? Could that happen?
126  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Beaxy - The All-in-One Cryptocurrency Exchange on: March 27, 2018, 01:13:18 PM
I participated and still am a huge supporter in IDEX Aurora.
but including IDEX, Cryptobridge (decentralized) , Kucoin
Some of the new ones allow Staking
They are good additions specially since they give a lot of low cap coins to be listed.
but they have far ways to go until they are a on the same level as Bittrex, Binance or Bitfinex.
Something like 24/7 live service could just mean live chat.

So, what would make Beaxy really Stand out and compete ?

To be honest having a real customer service, allowing for instance to unblock a wire transfer immediately and not after 2 months, is a big deal to me.
yes, and then on most exchanges, technical support parses your requests for several weeks! And in the world, crypto currency is a very long time!
The real time customer service needs a huge technical service team support, and sometimes it takes some professional ability to help us solve the problem.
Yes with supported by experienced people who make this project could be easier to hit a target that is in want. as it is not easy to manage a large project like this so the support of people who have the professional ability is absolutely required. I believe that this project can face it all and to success.
Indeed inexperienced people are very useful for the progress of this project, and I strongly believe that they will do the best job to be able to make this project successful.
and it is certain, because in my opinion, the success of a project depends on all the teams that are working in this project, and if all the teams can work hard and cooperate very well, I think, it's also one that can facilitate the project could reach the target expected.
totally agree, it all depends on the team in it if they work together and always compact sure to achieve success will be easier, and with cohesiveness and seriousness work can also make the investor appeal to join. success is always this project.

They definitely need a lot of different talents to make this possible. A All-in-one cryptocurrency exchange demands for a lot of things. Usability, scalability, security and many things more. Its also about experience in trading and finance in order to be able to build an awesome exchange. I hope they have all the necessary resources at hand.
127  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DubaiCash DXBC on: March 27, 2018, 01:11:44 PM
What is happening about DXBC ? This was Scam? IN iCQBASE.COM there is no DXBC MARKET.!!

Taking into consideration how this whole thread was set up and the fact that there is another coin with a publicly known history this was probably a try to scam people by making them believe that there is any association between this and the serious Dubai project.
128  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Eternal Trusts blockchain platform for deferred purchases of future technologies on: March 26, 2018, 03:57:56 AM
Do you know Singularity university? I know they are heavily researching the topic of eternal life and they have even made progress. Are you looking to form partnerships with research institutions that pay attention to very special research areas or are you trying to privately unite research teams via the blockchain?
129  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DubaiCash DXBC on: March 26, 2018, 03:54:24 AM
Just a warning here. I would be very careful with downloading the wallets and executing them on your machines. This could very likely be a scam given the poor announcement and the stolen name from DBIX. I gave you a warning!
130  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Beaxy - The All-in-One Cryptocurrency Exchange on: March 26, 2018, 03:53:01 AM
Will you also operate with fiat gateways and if yes, how many fiat currencies are you going to offer? I think that's where all the drama begins because it is not that easy anymore to get licenses in order to be able to offer fiat currency trading pairs. Or are you crypto only exchange?
131  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: March 26, 2018, 03:49:17 AM
We are aware of about 20-30% hashrate on some unaccounted pools. We knew this because when we were trying to notify our pools to hard fork, we couldn't find these guys.

Btw, we are aware of some of the concerns of miners that our hashrate is being dominated by botnets. Ocminer from Suprnova mentioned that previously there were some schools etc who complained to him and he identified them from many small hashrates. He does have a point.

I spoke to miningpoolhub on this and he mentioned that this could be CPU miners as well and he brought up that on other coins, there are single entities with much bigger hashing power as well.

So, both sides have valid points.

Regardless of this, MTP is now an absolute priority and coding is well underway. We will post updates as soon as they are available and a more accurate timeframe can be estimated but tentatively should be by the end of Q2 2018 and hence we won't be doing a another transition algorithm since it's not that far off.

We previously had some concerns of pool software as none of our coders are experienced pool coders but we believe that even if we have to launch with solo mining to start with and then organizing a bounty for an open sourced nomp or yiimp pool for MTP, this would be acceptable. A period of solo mining isn't bad and is true decentralization.






As I don't understand too much from the tech perspective, will MTP solve the botnet mining issue once and for all or are there also problems that might come up some time in the future?

As I understood MTP requires large amount of RAM ~10 Gb. Miner activity will affect behavior of average computer much more and thus will reveal itself. As expected botnet performance will be reduced.


So every mining rig would need 12 GB or so of RAM to be able to continue mining ZCoin? That's a hefty additional expense, particularly with DDR4 systems.

That means it does not only successfully prevent botnets from mining, but also negatively impacts all the average miners who have good intentions?
132  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [ICO] BehaviourExchange (BEX) on: March 26, 2018, 03:47:39 AM
I certainly understand that at this time there is a place to be fashionable to have an exchange. But already a lot of competitors in the market.

BehaviourExchange is not an exchange! Please read the Whitepaper and learn more about our project.

Welcome to join BEX Telegram to keep up with the updates!

Kind regards,

BehaviourExchange team

As much as it is not a exchange, I still find it first place because every visitor and prospective investor would have the impression that it is a crypto currency trading exchange platform as the name stipulates.

We admit that it's a bit confusing but from marketing perspective it's quite good Smiley

Kind regards,

BehaviourExchange team

A wise step from the team to include word "exchange" in the project name! And I think it is not so far from the meaning of the services that BEX will provide - it will be actually a data exchange.

I am not quite sure if it's smart long-term though. You wouldn't really want your name to be misleading in the long run. Would you consider a rebranding at some point if adoption has been significant?
133  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers on: March 26, 2018, 03:46:02 AM
Lisk, one of the greatest coins nowaday on cryptocurrncy world! I really fully support lisk, they should have the same price of ethereum.. great coin, innovation in technology and great community! All the way up team!
Perhaps you are also in many respects right who knows now. The future is still known to anybody therefore you cannot precisely tell how many the coin in the future will cost. I remembered as last year in the same season all said that this project died. And now it is ridiculous to me to remember last year. And the project develops further and grows.

Yes but last year was unbelievable for almost any coin regardless of its community and technology. I hope the market will filter the trash out over time and let projects like LISK rise even further.
134  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: March 21, 2018, 01:08:22 AM
Litecoin may be able to perform after the founder's selling, but the recent adjustment has also taken place with the adjustment of who's leading bit currency.

Do you mean that since Charlie Lee sold his LTC it can now perform better? That's complete nonsense if that is what you wanted to say.
135  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: March 21, 2018, 01:07:05 AM
We are aware of about 20-30% hashrate on some unaccounted pools. We knew this because when we were trying to notify our pools to hard fork, we couldn't find these guys.

Btw, we are aware of some of the concerns of miners that our hashrate is being dominated by botnets. Ocminer from Suprnova mentioned that previously there were some schools etc who complained to him and he identified them from many small hashrates. He does have a point.

I spoke to miningpoolhub on this and he mentioned that this could be CPU miners as well and he brought up that on other coins, there are single entities with much bigger hashing power as well.

So, both sides have valid points.

Regardless of this, MTP is now an absolute priority and coding is well underway. We will post updates as soon as they are available and a more accurate timeframe can be estimated but tentatively should be by the end of Q2 2018 and hence we won't be doing a another transition algorithm since it's not that far off.

We previously had some concerns of pool software as none of our coders are experienced pool coders but we believe that even if we have to launch with solo mining to start with and then organizing a bounty for an open sourced nomp or yiimp pool for MTP, this would be acceptable. A period of solo mining isn't bad and is true decentralization.





As I don't understand too much from the tech perspective, will MTP solve the botnet mining issue once and for all or are there also problems that might come up some time in the future?
136  Alternate cryptocurrencies / Tokens (Altcoins) / Re: RE: ANN[ICO][AIRDROP] COVEX COIN TRADING PLATFORM on: March 21, 2018, 01:05:03 AM
CoVEX will become biggest platform. Powering Data for the new equity blockchain by The Next-Generation. All-In-One Trading Digital Platform. CoVEX stands for Crypto-One-Stop-Solution and represents a platform, which encompasses all features of a digital economical system based on cryptocurrency. The main goal of CoVEX is to bring social, secure, reliable services to the people.

You have no clue what you are talking about. I am seriously sick of these weird posts you guys are submitting. As of now CoVEX is nothing! Absolutely nothing! Let's wait and see what they can build and deliver and then we might start thinking about whether or not CoVEX could become big.
137  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [ICO] BehaviourExchange (BEX) - Pre-Sale 23 February 2018! on: March 21, 2018, 01:03:07 AM

Cryptocurrency is no charity per se. Of course investors invest because they want to make a profit. That is how the whole world works. Investing also means financing innovation and you do it because you hope for the win win situation where innovation happens (which benefits us all) and where you get a big pay off.

Similarly no ICO is a charity either, the bonuses are just a marketting gimmick and most of the ICO devs follow the investors in the dumping business

I hope that will change over time when investors become more and more careful as to where they put their money. Right now everybody is just going nuts hoping for the next 100 X investment no matter what.
138  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers on: March 15, 2018, 12:58:48 PM
when can we expect LISK to recover?

When the market recovers.

Also the expected open beta launch for Lisk (in 3 or 4 weeks) will help.

Look around bitcointalk...I don't have the thread off hand but the mt. gox trustee is dumping ...on each dump we hit a low...the trustee is clueless...I've read

that he has had offers to buy off exchanges from legit folk and that he would make more on an auction..but he seems to be panic dumping thus is mainly the

cause from the drop from 18k folk are saying. Thus since Nov 2017 or so...about $500 milion BTC have been dumped to USD and $1.9 Billion dollars to go!

sh*t we could be looking at 1,000 BTC again..if he panic dumps wrong.

So anyway, until this clears up ....we are looking at sideways at best or Jan 2017 $1,000 prices at worse ...till they clear this up...my fear is they have a

'deadline' to move BTC to cash..if that is the case...the whole works could go tulips....


what a cluster


thus LISK will have to stand on its own merits...and such.....because the link of price between alts like LISK is strong....we could be sucked into a downward

spiral of price...we have no control over...oh ....and with our luck the other shoe will drop with tether coin also....FML...



I think the Gox trustee has sold enough to pay off the debts, so may not sell anymore. Also now that he is been called out, if he does sell more, perhaps he will do it a more constructive method like you mentioned.


We can hope...unless he is giving advanced notice to relatives ..before he dumps as a mt. gox trustee...

Also, from what I heard of Japanese Bankruptcy...IF he pays off all the debts.....a portion will got to mark karpales....thus he probably will still be in the money as well

all we need now is the other shoe to drop on tether coin ...and it will be a party then! FML

Further...it is BANKRUPTCY ...I think ALL of the remaining $1.9 Billion has to be sold to USD, as a result...thus we are screwed....(why they call it bankruptcy..there is a

method to it...liguidate it all) again FML





Weren't they also discussing to distribute the remaining BTC in the form of BTC? As far as I know only the initial Mt.Gox loss had to be reimbursed + some money for the whole insolvency process. I also find it odd that there have obviously been no restrictions at all on how to proceed with the sale. A guy taking care of insolvency is allowed to crash an entire global market. Sounds logical!
139  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [ICO] BehaviourExchange (BEX) - Pre-Sale 23 February 2018! on: March 15, 2018, 12:48:48 PM
Hey BEX team, could BEX main ICO will running after April? Actually i see your plan is at April, but i think a lot of people at here waiting it, and 1 month more is so long.
Yeah, after April. You can buy BEX immediately before its too late to buy BEX after April! Please kindly support this project!

You are right, early investors can really get huge profit when this project launch and have a high price in the coming months. So investors needs to participate now while it's not too late.
That is right because early sale has a big bonus which I think more than half the price of the token can be bought. Which is something very attractive to investors who want some good profit in the future.

It'll just mean the people will dump the coin for cheaper. Bonuses only adjust the price to that price cause most people only buy during the bonus period

Yeah, that's quite true  Many investors only invest because they want to profit from such ICO. So that's why even if there is a predicted price of the coin. It's not gonna work because of the dumping of traders.

Cryptocurrency is no charity per se. Of course investors invest because they want to make a profit. That is how the whole world works. Investing also means financing innovation and you do it because you hope for the win win situation where innovation happens (which benefits us all) and where you get a big pay off.
140  Alternate cryptocurrencies / Tokens (Altcoins) / Re: RE: ANN[ICO][AIRDROP] COVEX COIN TRADING PLATFORM on: March 15, 2018, 12:46:05 PM
The beauty of this project is that it has real world purposes. Plus the additional support of the members and the community. I am hoping for a great upcoming projects of the roadmap. Congratulations in advance. Go for gold covex team!

Congratulations in advance. Crypto is becoming more and more crazy. Why don't you just let them do their work, see if the can deliver and then send congratulations over to them? What is it that impresses you so much?
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