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161  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer! on: June 15, 2014, 09:03:38 AM
finally

{
"blocks" : 15394,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.00532449,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkghps" : 0.00073769,
"pooledtx" : 0,
"testnet" : false
}


Hi rfcdejong,
would you like to share your up to date block chain info in dropbox or mega download?
I have tried to sync, but still stuck at 15157.
If you can share, it would be best so forum member can just download the block chain to be in the right fork.
Thanks in advance
162  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [KTK] Krypt Koin | PoS | 1.5.2.0 | KTK Giveaway | Trade on Bittrex on: June 14, 2014, 06:33:53 AM
77   KTK   Krypt Koin  voted #1842
163  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [KTK] Krypt Koin | PoS | 1.5.2.0 | KTK Giveaway | Trade on Bittrex on: June 11, 2014, 10:29:44 PM
this price is ridiculous.... 300sat.... makes you think.... BC

coin supply is only 1/5 - 1/4 of BC..
164  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [KTK] Krypt Koin | PoS | 1.5.2.0 | KTK Giveaway | Trade on Bittrex on: June 11, 2014, 10:28:18 PM
1401 voted in mintpal
165  Bitcoin / Press / Re: [2014-06-11] Google Finance now showing Bitcoin prices aswell on: June 11, 2014, 07:46:06 PM
Recently when i come to the press subforum, most of the news are good news for bitcoin.
166  Bitcoin / Bitcoin Discussion / Re: Expedia Accepting Bitcoins on: June 11, 2014, 07:41:36 PM
Seems i can plan a holiday in expedia.. Cheesy
167  Bitcoin / Bitcoin Discussion / Re: 15-Year-Old Makes $100,000 on Bitcoin on: June 11, 2014, 07:39:55 PM
My guess is that after a few years we all will have news like that
we will be early adopters in a few years
168  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [KTK] Krypt Koin | 100% PoS | 100% FREE | 500 STAKES on: May 29, 2014, 11:27:04 PM
So glad to see the community goes fast
I just voted in mintpal
169  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer! on: May 28, 2014, 08:06:52 PM
The Slimcoin client has all of the mining tools needed for PoB, PoW, and PoS. There will be an external miner for PoW released also that can be used for pool mining, etc.

Quote
Can someone explain why do we burn coins?
Why does raspberry pi have advantage over high end cpu or gpu?

Burnt coins can be used to generate PoB hashes, which then can be used to mine PoB blocks. PoB hashes are different from PoW hashes and are hashed in a different way/rate. They are hashed at 1 hash for every burn transaction you have made per 90 seconds. That is extremly undemanding, and that is why a super low power computer can handle PoB mining just as well as the fastest computer on this planet. A Raspberry Pi does not have an advantage mining wise, the advantage is indifferent. What makes the low power computers advantageous is that it is low power, easily attainable and maintainable, and cheaper.

Quote
Do we sending existing coins in wallet to be burnt (I guess not)?
Burning coins basically involves sending existing coins (generated from either PoB, PoW, or PoS) to an address that no one has the private key of, meaning they belong to no one and no one can spend them. Since you sent them to that address, they are destroyed and effectively burnt. Once burnt, you can engage in PoB mining.

Thanks, now i understand the basic idea. I guess by doing PoB, we can mine more coins than being burnt.
Another question is that will windows based POW miner be released at launch tonight?
170  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer! on: May 28, 2014, 05:42:06 AM
Keep an eye on it. I read the white paper, however, still confused by proof of burn,

"The role of burning coins is to be proof when mining by proof-of-burn. The concept simply involves sending coins
to a burn address. A burn address is a special address that is specific and predetermined. No one has ownership of
the burn address, meaning once coins are sent to it, they are forever gone and are considered “burnt”"


Can someone explain why do we burn coins?
Do we sending existing coins in wallet to be burnt (I guess not)?
Why does raspberry pi have advantage over high end cpu or gpu?

thanks in advance
171  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [KTK] Krypt Koin | 100% PoS | 100% FREE | 500 STAKES on: May 24, 2014, 06:25:36 AM
Developer is very careful with screening the duplicate account for the distribution in KTK, and this makes KTK fair distributed, a very important feature for the future success.
172  Other / Beginners & Help / Re: Bitcoin will drop to $1 on: May 22, 2014, 11:34:45 PM
So, Bitcoin will drop to $1.

Why, is that you may ask?

Because it will.

As long as there is no large problem with bitcoin, it is not feasible to go to $1.
173  Bitcoin / Bitcoin Discussion / Re: University Accepts Bitcoin on: May 22, 2014, 11:29:42 PM
Good news, more people are accepting bitcoins
174  Bitcoin / Bitcoin Discussion / Re: Bitcoin changed my life on: May 22, 2014, 11:28:03 PM
It is nice to hear your story
175  Bitcoin / Bitcoin Discussion / Re: BTC must grow and stay alive! on: May 22, 2014, 11:24:50 PM
I think BTC will grow over time. 5 years, 10 years later, it will worth much more than current value.
176  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [KTK] Krypt Koin | 100% PoS | 100% FREE | 500 STAKES on: May 22, 2014, 10:53:43 PM
Update

Wow, a lot of posts since this morning!

I had to manually create the list as the export function on the site was not working correctly. And took quite a while to remove some data, emails etc  Tongue



Right here is the full list, no one has been removed yet.

https://docs.google.com/spreadsheets/d/1wd7pYdMEJpv6TuwDpXNi4Irp0wZh-Pys-JpRzCprlIg/

Please double check your address, a few need to give me their address (don't worry you will still get your stake!)

A new list of qualified / disqualified will be completed tomorrow.


--------

About the sync issue, the coins were mined already but is now won't sync. It's being sorted before any stakes are sent out. So for now you can close the wallet, we need to update the list first anyway.

Once the list is done and removed dups, registration will open again a couple of days after it's announced.


Thanks for the update, wow, I am #7 in the list
177  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [KTK] Krypt Koin | 100% PoS | 100% FREE | 500 STAKES on: May 21, 2014, 10:07:13 PM
I am happy i registered in time
178  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] [KTK] Krypt Koin | 100% PoS | 100% FREE | 500 STAKES on: May 21, 2014, 09:01:57 PM
i am in, maybe i am a top 10?
179  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] [KTK] Krypt Koin | 100% PoS | 100% FREE | 500 STAKES on: May 21, 2014, 09:01:11 PM
count down ended
180  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] [KTK] Krypt Koin | 100% PoS | 100% FREE | 500 STAKES on: May 21, 2014, 08:18:13 PM
Does anyone else find it funny that the dev doesn't actually have enough activity to claim a stake...

The developer have provided such a good project, I am pretty sure all of us agree he deserve a stake, even his account is not qualified...

I'm not saying he doesn't deserve one... I think he deserves one just for the cool website and great branding/design.

I like this coin, has interesting potential. I also aim to get the 4000KTK bonus in 30 days...

Me too, i will keep the coins in wallet.
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