Just some thoughts and I would like peoples opinions on them: Maybe BC shouldn't start a public smear campaign against BTC and its energy wastefulness until BC can stand completely on its own (until it is not heavily dependent on BTC like every alt is). At this point, anything that might hurt public perception of BTC would likely hurt all of crypto including BC. Also, and I think others have pointed this out before, if you are going to try and sell BC as energy efficient you better be prepared for people being critical of the hypocrisy that is the multipool. And if you consider the fact that BC was the altcoin which started the altcoin multipool fad... what is the real effect of BC on energy consumption? (I think one good counterargument for the "wastefulness" of the multipool is that the majority of BC miners would just be mining something else if it weren't for BC and in that sense it is not additional energy waste just redirected energy waste)
Valid points Storm. I think it will be in our best interests to ensure that any 'green' talk is kept as a positive for BC and not, as you put it, a smear campaign against BTC. As for the multipool.. as long as their are PoW coins there will always be miners. The larger are multipool the faster energy efficient BC takes over. The multipool can very easily be seen as a tool that allows us to bring the crypto community towards energy efficiency even faster. I agree, multipool only appears wasteful until you think about it in the context of crypto at which point it seems pretty clear that it is a good thing in the long run. It will be hard to be positive about BC's energy efficiency without poking at BTC a little since in order to most effectively convey BC's energy efficiency it needs to be compared to BTC's massive energy use. I think it just needs to be worded/approached correctly. Like you point out, focus on the positives of BC don't focus on the negatives of BTC anymore than you need to in order to distinguish BC from it and bring out the positives of BC. |
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its going down noooo
Serious holders don't even blink till there's selling action below the EMA trigger line with bearish confirmation signals in multiple time frames. Rolling out my newbie new found investing knowledge to increase post count  Im a newb is there a website where I can see the EMA (12)s and EMA (26)s, MACD for altcoins? |
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Just some thoughts and I would like peoples opinions on them: Maybe BC shouldn't start a public smear campaign against BTC and its energy wastefulness until BC can stand completely on its own (until it is not heavily dependent on BTC like every alt is). At this point, anything that might hurt public perception of BTC would likely hurt all of crypto including BC. Also, and I think others have pointed this out before, if you are going to try and sell BC as energy efficient you better be prepared for people being critical of the hypocrisy that is the multipool. And if you consider the fact that BC was the altcoin which started the altcoin multipool fad... what is the real effect of BC on energy consumption? (I think one good counterargument for the "wastefulness" of the multipool is that the majority of BC miners would just be mining something else if it weren't for BC and in that sense it is not additional energy waste just redirected energy waste)
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Could somebody post the fluttercoin address for the PrayForPeyton donations? I can't find it and would like to donate.
We don't have a set address but if you are on twitter you can donate via tipping. If not I can see if they will create an FLT address to have donations sent to. Edit: This is the #PrayForPeyton FLT address: FHWn8wXqm6uVPYPSdNJF3AjMWhi6WoeVn9 Thank you! |
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wow 20+ BTC sell at 0.01 just got nibbled away impressively fast.
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 Push ups  Could u explain me this chart?  This literally made me laugh. |
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Can somebody explain to what the exact differences are between curecoin and gridcoin? Aside from gridcoin contributing to BOINC and curecoin to FAH? Also, somebody said that curecoin is a registered business in the us. Is that true? What are the implications of that if it is?
Curecoin is a registered organization in the U.S. The implications of this are that if the founders/developers try to pull a quick one or scam someone they can be sued & tried in the US - a country with a great law system and ability to find people. The exact differences between curecoin and gridcoin is first gridcoin had a lot more difficulties with the mining process. Secondly, gridcoin only allowed you to use cpus, while curecoin allows both gpus and cpus with the added advantage of Asics to secure the network. There was a nice post by cygnus about curecoin being registered in the US - I'll try and hunt it up for you. Edit: Found it, its on page 20 a little from the top. Thank you. Love the idea behind this coin. I am working on my first GPU rig and I think this will be where I point it when it is finished. Edit: Really impressed by the post from cugnus that you directed me to, everybody should read that if they haven't. |
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Tagging this BC clone.
You mean this Peercoin Clone? 8 hour coin maturity and 1% APY. That's closer to BC then PPC. Blackcoin is a clone of Novacoin, and Novacoin a clone of Peercoin so I don't quite understand your argument. We'll just have to ask the dev what he cloned to settle this. But most likely he'll say this isn't a clone. So it's all good. Libertycoin is a clone of badgercoin which was the first X11 POS coin. And badgercoin is either a clone of novacoin or a direct clone of peercoin. He obviously can't say it's not a clone. That would be as intellegent as saying Blackcoin is not a clone. Again, I don't quite understand your argument. The only coins that aren't "clones" that I can see are BTC, Peercoin, Fluttercoin and Safecoin. One invented PoW, one invented PoS, one invented PoT, one invented PoR. Everything else is just different algorithms or specifications. What other coins have invented a new proof/reward system; what did I miss? |
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Can somebody explain to what the exact differences are between curecoin and gridcoin? Aside from gridcoin contributing to BOINC and curecoin to FAH? Also, somebody said that curecoin is a registered business in the us. Is that true? What are the implications of that if it is?
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I like curecoin too, but if you think about it, I can start a new coin with a massive premine and start a folding team, and just distribute coins based on how much everyone in the team donates. So it is great for science, but in terms of technological advancement it offers very little. The idea is very easy to duplicate. The other thing is that, "Curecoin" is a registered business in the USA, which mean the gov can shut this thing down anytime they want for any reason they want. Bitcoin and other cryptos can't just be shut down so easily. I have one of my rigs on Curecoin right now to test it, and so far it seems to work great and I am getting some nice results, but as I said before, it does not bring anything technologically innovative. I have learn something about Curecoin. DEV mention that: The folders get 76% of the total coins (80% of the coins distributed per day). SHA256 miners get 19% of the total coins (20% of the coins distributed per day). 2% of the total funds are distributed to people who donated to project development. The other 3% is dedicated to Curecoin developers, and will be used for paying for development costs. Floding@home can get 7488 coins a day. In order to get your coins ,you should register in the Folding pool. And the more points you get in per day ,the more coins you can get a day. DEV rise a example,see : Currently, the folding pool pays out a certain amount of Curecoins per day, right now 7488 coins. The PPD represents the points that you earned in the last 24 hours, and is used in calculating the distribution. Say, for example, that all Curecoin folders combined folded 10,000,000 Points yesterday, and you folded 100,000. You would get 1% of that day's payout, which would account for 74.88 CUR. https://bitcointalk.org/index.php?topic=603757.msg6660613#msg6660613The problem is GPUs do much better than CPUs,one R9 280X can get about 10000PPD,i5 3470 only get 1000PPD. So,I think Curecoin will be a game of GPUs,not CPUs. Is the only difference between curecoin and gridcoin that one is FAH (stanford) and the other is BOINC (berkeley)? |
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Android wallet update 6: Good news!
The following is the first transaction ever received and forwarded by mintcoinj  http://mint.blockx.info/get/tx/68fec0ad06a76d1d37de929e14b6ad6d17352b715de4f5bcce648333e9bc4a9c What's included & currently working in mintcoinj: - The first POW+POS java bitcoin library
- A TxTracking blockchain & blockstore implementation: a compromise between Full Pruned Block Chain and SPV Block Chain
- Like a Full Pruned Block Chain, it keeps track of ALL unspent transaction outputs since genesis block. Removes unnecessary old data.
- It only verifies scripts of coinstake transactions (1 coinstake per POS block), so CPU-wise it is light-weight like a SPV Block Chain
- Unfortunately, it is not as lightweight as a Simple Payment Verification system, but technically there is no way to make bitcoin-SPV style for a POS coin security-wise.
- Processed data holds around 67 mb on disk (as of block 343262).
- Proof of Stake Protocol (PPCoin v0.3) :
- Blockchain calculates stake modifiers correctly
- Blockchain calculates and verifies stake hashes correctly (Modifiers mentioned above are required for verification). This guarantees the core security of a POS coin.
- Block signatures are supported and verified (PPCoin protocol requires each block has to be signed by owner of coinstake to prevent replaying attacks)
- Various security aspects handled due to being POS coin:
- Attacks caused by flooding side chains with invalid POS blocks (blocks that have correct header difficulty, but don't match coinstake protocol) are rejected on receipt, so the low block header difficulty won't cause attacks (Normal bitcoinj trusts only header difficulty, as expected for a POW only coin. This is not the case for POW+POS coins)
- Similarly, flooding side chains with unverifiable POS blocks (blocks that have correct header diff, but unable to verify/reject coinstake due to the output being spent&removed on main chain) are prevented due to ignorance of their difficulty. A side chain can overcome the main chain only if its *verifiable* blocks constitute a greater amount of work. Unverifiable blocks count as zero work (Until side chain becomes the main chain, where every block will be verified one by one on reorganization)
Yess!! This is amazing news!!! |
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Could somebody post the fluttercoin address for the PrayForPeyton donations? I can't find it and would like to donate.
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I like what I am hearing in this article! |
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Hey guys , big props to the dev I love this coin  I've designed a new banner for the OP with a more clean and balanced layout It's still a WIP ( need a couple more sessions on it ) , but let me know what you think of the design direction the PoW part is the most "complete"  I've also wanted to tryout a more "catchy" slogan  Variants- Flutter - More Proofs Than Any Other Coin
- What more proof do you need? Use Flutter
So , What do you think? Feedback will be appreciated This is really nice. I'm a fan of the catchy slogan. |
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Please somebody tip Candice Swanepoel as well.
I didn't know Miranda Kerr received some FLT. She's perfect for the butterfly coin. So , we're on the "sex sells" strategy? ) Nah, we just like birds and butterflies. We are fans of nature. Hahaha +1 |
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^^ All very good points and ones I did not think about. Thank you, this is really all I was after. I was rather rude/offensive in my manner and for that I apologize.
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MINT trolls are back.  The FUD is tired though, remember everyone, MINT tried to pay the fee but got burned by CoinKite so they're pretty damn motivated to discredit them. Wow. You know it really says something about people when they have to label opposition with contextually derogatory assignments and dismiss their argument solely on those grounds instead of simply addressing their opposing points directly. I encourage anybody to go ahead and read the mint thread themselves from around the time when the community was trying to decide whether or not to go through with it. Then go read the Doge posts, the Vert posts, etc... You will be surprised. Also, you completely miss (ignore?) the rather important point that my initial post which sparked this discussion was a series of quotes from people from various different coin communities (none of them were from mintcoin). So, what was the reason for those communities to "discredit" coinkite? I am only regurgitating their "discrediting". I, and the rest of MINT (as though the coin is a conscious entity itself?), cannot take credit for the "discredit" Keep ignoring the points I make, instead keep focusing on my personal associations. Makes you sound like a bunch of sensationalist denialists. Oh and also, I am but one person. "Trolls" is plural.Exactly. Eh, I made a mistake. I'm tired. So I apologize for that. Your wall of filler quotes and the replies after it looked like more than one person was posting it, which you should understand would look more like a coordinated attack to me. So you're not necessarily an obvious troll, but the way you posted your concerns is still pretty disingenuous. I said filler quotes above, because a lot of what you posted is filler. You could have easily raised questions about the negative points of CoinKite without creating a screen-sized post filled out with noise. I think other people have said enough on those points. My general thought on CoinKite is that it's a great tool for the BlackCoin community to use. It may have some negative points but I could care less what other coin communities think.. Black's goals are different. Since I've been here I've noticed a big focus on real world adoption in this community. This service will undeniably help us get into point of sale. And many of the points you raised are not of concern to merchants. Many will need an extremely easy, hand-holding way to take crypto.. CoinKite is good for that. But if another better service comes along later, we'll be on that too. In two weeks there will be a well established pizza chain 10 minutes from my house with a CoinKite terminal. I will be able to pay, easily and quickly, for my pizza with BlackCoin. It's hard for me not to see the potential in how big our community can make something like this.  Lucky! That is really awesome. I hope cryptos make it to my neck of the woods eventually. Maybe coinkite will be the one to make that happen. |
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I'm confused where is the massive dump after that manipulative wall went away  only idiots will dump coin kite in 2.5 weeks bitches! +1 thanks for addressing the content of my post and not attacking me personally! I love how nobody includes my post when they quote me so that it can be deleted later and erased from the public eye (why is it so threatening if it is all so untrue?). But still, you have to pay a monthly fee to get rid of fees? And this doesn't address any of the other issues brought up about coinkite by the people I quoted and people I didn't quote (centralization, bribery, the sparse number of merchant they have, the fact that analogous services will arise soon enough and will likely provide their services for cheaper or free). Why did all these other (larger, wealthier, more established) coin communities decide against it? STARTER FREE 1% on Withdrawals 1% on POS Sales 2 sub-accounts Max funds ฿5 / Ł100 No withdrawal limits FREE deposits No Miner's Fees Up to 1 Payment Terminal Exchange markup share: 50% I deleted your quote b/c there was a request on the first page not to quote walls of text. There's no point in have 3 pages with 5 replies. Anything to do with merchants comes with a fee, even coinpayments.net has a .5% fee + tx. Yes the fees are less but it is also an online payment system that wouldn't work in a b&m store, whereas coinkite has a physical terminal system. Short of using wallet to wallet transfer, you will not find a payment gateway that is free with 0 fee charges that offers balance sheets, etc that is needed for a reputable business. You know what they say, if its too good to be true . . . Coinbase, Bitpay, Bitcoin terminals and atms are all centralized now. Do you think overstock or tigerdirect would do business with coinbase or bitpay if they were not centralized, you really think tigerdirect is going to accept bitcoins, then head over to localbitcoins to exchange them for fiat? I agree coinkite has sparse merchants, kind of like bitcoins atms are sparse. They're both fairly new. Given time, they may get more merchants, I'm not saying they'll be the next bitpay, maybe they will, maybe they won't. So just because of the name, you're agreeing with other people saying coinkite is a fraud . . . +1. I never said they were a fraud, that was just one of the quotes I had in my post from somebody else. My major issues are the ones I reiterated above (centralization, bribery, the sparse number of merchant they have, the fact that analogous services will arise soon enough and will likely provide their services for cheaper or free) and the fees. The only thing I see about fraud from your post was about the name, cheque kiting, coinkite. For that person to claim fraud just because of the name is far fetched. I've answered your issues about centralization and sparse merchants. The other quotes have been discredited by the pricing faq. Now, about fees, the point being UNTIL those analogous services arise. By then coinkite fees and services may be cheaper as well. Remember those $400+ 300 kh/s btc usb miners or those $30k-40k asics 10 Gh/s btc miners. High prices until analogous products arose. That's just business, any business. And as far as bribery, I'm just going to answer that with, go ask coinbase or bitpay to add mint/gridcoin/peercoin on their payment system. I agree, to a point. Once again, I never said I thought it was a fraud and that quote was part of a reddit string which contained it and many other quotes and is more so just to show the sentiment expressed by other coin communities towards coinkite. But, in light of everything you just said, it just makes it harder to understand why thousands of people from other coin communities decided this opportunity was not worthwhile. That's where this stems from. If it is a totally great deal like you are making it out to be, than why didn't other coins go through with it? The fact that Dogecoin, Peercoin, Mastercoin, etc did not jump on it in an instant is a red flag to me and I am still trying to rationalize that. They could have very easily raised the money but they consciously chose not to and openly opposed it. Dogecoin, Mastercoin, and Peercoin communities have plenty of business-savvy people in them who I would think would recognize a good investment when they saw one and they have plenty of wealthy members who would be willing to fork over money for a good investment. On a positive note: It will probably be very beneficial for all of cryptocurrency if coinkite does well. I'm just still very skeptical. |
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MINT trolls are back. The FUD is tired though. For those here that don't know, MINT tried to pay the fee but got snubbed by CoinKite so they're pretty damn motivated to attempt to discredit them. This. I watched the thread when they were trying to get added. Couldn't motivate enough people to donate and wanted an extension on time but didn't get it. So instead of trying and failing, they went on an anti-Coinkite campaign and instead acted like they were too good for them. Sure worked out. "anti-Coinkite campaign"? Could you please produce examples of that for us? Extension of time? Mint was added to their list only a few days before the closing of the time period, so yeah it did seem unfair that the mintcoin community was expected to raise the same amount of money in far less the amount of time. Once again: THIS IS NOT ABOUT MINTCOIN. Just because I own some fucking mintcoins... my lord.. The entire point of my initial post was that OTHER COMMUNITIES (NOT MINTCOIN, I DID NOT MENTION MINTCOIN, WHY ARE YOU BRINGING UP MINTCOIN?) did not attempt to raise the money. Why is that? The way that you some of you guys respond to criticism is freaking pathetic. Is this the best you can do? Label me a "mintcoin troll" and act like that voids everything I say? Whatever, I am done (you can rejoice now!). What I am trying to say is not going to get through to anybody it hasn't already gotten through to and who the fuck cares what one person has to say anyways, right? |
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