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Wish I could get pushpoold to work. I keep hitting every possible roadblock.
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Hi M'Tux, Yes, to go live on internet with this system I intend to create some modules, changing passwords to SHA, enforce SSL and add captchas to prevent brutteforcing. About SQLi, vars are passed this way: <?php
isset($_POST['user']) && trim($_POST['user']) ? $user = makeSQLSafe(trim($_POST['user'])) : $e[] = "Username missing!";
//... which means to call the function bellow
function makeSQLSafe($str){
if(get_magic_quotes_gpc()) $str = stripslashes($str);
return mysql_real_escape_string($str);
}
?>
Got any screen shots? |
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Should there be an associated block chain that distributes linuxcoins via mining?
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Approximate release date?
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Questions:
1. How big of a pool has this been tested on? I want to know its scalability.
2. Can this be modified to mine namecoins? If so, do I need you to custom build it?
3. Maybe I read this wrong but this comes with a front-end too?
Thanks in advance!
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If you liquidated your position in Bitcoin, you might as well liquidate your presence on this forum and move on with your life.
I SECOND THE MOTION. MOVE ON IF YOU'RE TRULY OUT OF THE BITCOIN MARKET! |
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It has not been at $20 since the crash I believe.
GO back to February when it went over $1. It took 1.75 months to go back above $1 again. What technical indicators are you looking at? I'm not against the idea that bitcoins could go below $10 briefly. But I am of the opinion that just because it isn't profitable to mine doesn't mean the market is dead. If you know anything about anything concerning trading you will know that there are slow times and there are fast times. They oscillate. |
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Mining Bitcoins is about being paid for securely processing Bitcoin transactions. The block reward is designed to be replaced by transfer fees. So, even without a block reward, there will still be incentive to mine. Time will tell how much incentive the transaction fees provide. This of course relies on the acceptance and use of Bitcoin in the future.
^ This. And indeed the transfer fees will be much larger than 50 btc when the bitcoin economy gets going. That said, difficulty will be so high that the "amateur" miner will likely not be involved accept for geek/tech enthusiasts. "Mining" will be carried out by the most efficient companies and clever students that hack their university render farms =) Good point. But you forgot that the reward for a block halves every so often so technically when the economy is getting upstarted the 25BTC reward will be complimented with another 25BTC in transaction fees. As the price of bitcoins go up the less the transaction fees become (smaller fractions of BTC). So in essence there will be a cap on the rewards. |
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Currently solo mining with 170MH/s. We'll see how it goes.
At the current difficulty that 1 block every 256 days. With the current difficulty trend i'd say 50% to find 1 block within 3 years. Kinda off...its more like every 16 days. |
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19 times less income mining those...
bitcoin difficulty = 567358.22457067 namecoin difficulty = 2815.22139486 ratio = 2815.22139486/567358.22457067 = 0.004961982 Current price 1 namecoin = 0.0067 BTC How is mining namecoins 19 times less income than mining bitcoins? I put my hashrate 1330 price was 0,008(seen higher offers, with your price it is 25 times less) $73.68 vs. $3,80 per day = 19-something less Namecoin difficulty is at 2815 - not ~570k! Don't worry he just doesn't know how to use the calculator correctly. |
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Namecoin/Bitcoin forex rates are basically the same as the difficulty difference, so you won't really profit much from switching to namecoins.
If you look at nmcwatch.com daily charts you will see that you were wrong. Oh so very wrong. |
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Sounds like ecocoind died? No update posts for weeks?
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Who decides whether or not a miner has broken the rules?
It is whoever controls this page. How many people have access to that page? One person? Two? What's to stop those people with the control of that page to collude with a select few others in the network to remove certain people from the whitelist? Seems like a non-decentralized system if you ask me. Retorts to my comments are very much welcome. Please show me what I am missing. |
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So a miner's coins get destroyed if they break their promise? Where do those coins go?
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When is this block chain/network tentatively going to be released for beta testing or actual start date?
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I feel with NMC and other -coins starting up, there will be quite a few things left to mine after BTC are all mined out. What's on the horizon?
bonercoin. MEGA LAWL! |
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It's a gamble. You're gambling that NMC miners will grow a brain and stop donating 33-40% of their computational power to BTC miners and go mine BTC instead, buying NMC up to relative $/computation parity with BTC. That hasn't been a good bet so far, those guys are eager and happy to give away money. In fact, as far as I can tell, the only people itching to mine NMC have a hard time with basic arithmetic.
After the difficulty drops it's pretty much a given those of us with calculators will swoop in and mine all 2016 blocks in a day or two, leaving the chumps to subsidize us for another month. I've already got my mining scripts set up to switch to NMC just as soon as NMC block 16128 rolls around.
TL;DR: I doubt you'll see much better than the current .025-.03 NMC to the BTC any time soon.
I think you mean to say "I doubt you'll see much better than the current .025-.03 BTC to the NMC anytime soon." And I disagree. I see the ratio going over 0.05 BTC / NMC not before first hitting 0.014 BTC / NMC. |
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What Mr. Benanke doesn't realize is that money is also an asset. Gold is an asset and gold is money therefore gold is money. He is plainly stupid. |
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Question: what would happen if Tycho temporarily turned the entirety of Deepbit to the Namecoin blockchain (for 20 minutes, say)
There could be a problem. The issue is that difficulty would go up, but once difficulty goes up too much, it never comes back down. Because it's not worth it to mine, and difficulty only resets after ~2000 blocks. It might be better if the difficulty were to adjust every N days or M blocks whichever comes first, but that's not the case now (with BTC or namecoin). For namecoins there is as upper limit to the increase and a lower limit to the decrease of difficulty adjustments. The upper is 4x and the lower us divided by 4. So you can't increase difficulty any faster that 4 times per 2016 blocks and the difficulty can't decrease more than 4 times per 2016 blocks. |
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Wouldn't a windows system restore bring back a deleted wallet file?
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