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I had one question through the whole whitepaper... PoS details are lacking who actually performs the PoS minting.
Maybe I missed it, but I did see half tx fees get burned, and the other half go back to the foundation. So what is the PoS incentive? That would lead me to believe every participating business in the network would be required to not only have access to a payment gateway, but are expected to run a device onsite in full node style?
If there are no tx fees, and the businesses have to host devices to move the chain, then they are incurring added power costs that aren't known yet.
Are there devices for the payment gateways spec'd yet, or is every business going to have a standardized, secured Point of Sale solution provided by PARAGON?
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I too saw this and read through. Very interesting and with the potential to shake up more industry services that just SUCK in their current format.
We will have to wait and see how it works out but starting with a valid business retail model and integrating a service standard change for linking Doctor/Patient/Pharmacy info in real time... that's something worth looking at.
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What rules are you referring to? No one is breaking any rule or law or anything really. This thread is a bad assumption about things 99.9% of the users here know zilch about.
Not talking about legality here, just the rules of game called ethereum mining. That is the point... there are no rules in mining Ethereum that are being broken... some just feel it is unfair because they can't do it. Consider if you had to buy your mining software up front? |
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Oh, you seem to know me? How about the next x100 coin prediction since you supposedly have a crystal ball?
I was merely stating that if a different pool gets over 50% hashpower, that you most likely would join that pool instead, am I wrong in my assumption? If so, then please forgive me in misjudging your character and all the power to you for supporting your nr.1 pool regardless of their hashpower! Your assumption is absolutely wrong. There are reasons people defend suprnova pools so vehemently... regardless of hashrate these are among the best pools. OCMiner has time and time again proven to be a trustworthy community member. He has taken the time to make a stable mining environment and gone above and beyond to continue being a part of all of this. Hell he threw up a BitcoinCash pool shortly after the split AND MINED A BLOCK with the best coinbase sig EVER! Point me to a pool where the sysadmin is this active, responsive and upfront with their operation? Point me to a pool that is as easy to use as ALL these are? Point me to a pool sysadmin that anyone else has expressed they were OK with having more than 51% of the hashrate... GL you won't really find it. Altcoin pools break 51% hash all the time and it is not an issue if you have trust in the sysadmin. Seriously take the time to read this whole thread... because for every FUD 51% post here... there are triple or more posts defending OCMiner and suprnova. It's not blind faith, it's historical fact. The answer was targeted at Nebell and not at you at all, so please don't take my words and use them speaking for someone else than yourself to bad mouth me, it's bad practice. Personally, I have found several pools in the community that go above and beyond, that charge LESS fees, give MORE support, are just as stable and would NEVER go above 51% hashrate because they are not greedy but know what is good and fair and sound for the project they mine for. I do not trust any sysadmin that willingly takes the risk to go above 51% , the bitcoin and darknet past has shown everyone what it means to put trust in anonymous entities over the long-term and sooner or later someone will get hurt by it. I took time to read the thread very carefully (which you apparently did not, because you are replying to an apology that wasn't even meant for you just to promote your pool more). There is absolutely 0% FUD in warning against 51% attacks. It is a reality and a real threat that you are downplaying and ignoring by calling it FUD. Any educated Bitcoin user will be able to confirm my statements and if you have anything that proves that anything I say is wrong and false, then please provide evidence and we can talk some more. Otherwise, I think I have said what had to be said and in the future, I don't need to make a point about it anymore, so go and play around at SN all you like, it's not gonna change as long as there are people with similar attitudes around, but those are not the ones that the message is targeted at anyways. Have a good day. Am I missing the part where I bad mouthed you? I stated your assumption was wrong, though you may not have asked me directly... IDC. I don't need to re-quote every one of your posts to make a point, nor did I mock you, nor anyone else, as you did calling out nebell's character. I chose to reply STRICTLY because you did that, which is the bad practice. I did ask you to point me to the pools you are speaking of, but you didn't take that opportunity to list any... I don't need to post any proof or facts to you either, you won't read them if you haven't already... there are plenty of articles and facts out there about 51% and why many see it as having no incentive to do so and easily negated if it were to ever cause a disruption. I'll try to have a good day, you do the same. |
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Almost every altcoin is the result of some user here who wanted to do something better
That's not only incorrect but also extremely naive. A correct statement is: almost every altcoin is the result of some user here who wanted to get rich quick. Let's ask all the devs if they got rich quick? And let's also ask the devs of 3+ year old coins with little to no built in funding why they still dev? Your post was useless. |
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FRK ERC644 Token Address - 0x61fa5252dd22f46e66773dc20ad83094a7eb9f7d In Expanse Mist Wallet Contracts -> Watch Contract -> Paste Address After www.Tokenlab.io is released, The FRK token will be also. Great news Defaced! What is being done about the lack of nodes and connections? Will it matter, or will we just need keys from the FRK wallet to use in the token exchange? |
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Hi Dev,
Do you have any whitepaper I can read.
What is special about our project?
Is your code was written from scratch?
What algorithm are you using?
Thanks,
Hello I see tha u are asking similar/same question on many btcalk site? May I ask what is your motivation? Hi, I start reading lately about some projects in crypto to invest. This project seems good and it has some potential (The price seems very low) and the dev is very active to fixing bugs. I'm just asking few basic questions Thanks I'll bite. The OP and coin started from a different dev. Tranz picked it up a long time ago and fostered it into a stable coin. The whitepaper I believe was part of the first thread. Tranz has created this thread and the OP plus the first several posts have all relevant info. Take a moment, go through the first page of the thread completely, and then if you still have questions we will be glad to assist. TIP: we would all benefit from more users, so while you begin your reading, download the latest wallet and the bootstrap, get it syncing and join us! |
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I mined for a week on miningspeed a month ago and got about 25% less coins than WhatToMine predicted. I then Switched my rigs to Suprnova and got the right amount there.
I'm all for spreading the hashrate but I'm not for less reward.
And by doing so, you contribute to the problem even more, making it more difficult for the smaller pools to get an equal share and centralizing power even more until it won't be possible to reliably mine anywhere else due to the large luck-swings... The reason why you get less is because of the variance. On a smaller pool you need to mine for longer to average out the same amount of blocks as you do on bigger pools. Would you pay somebody for the lower reward on a pool? I don't think so, so why should somebody say "oh there are already 50% lucky miners on a profitable pool, i will go on a bad pool where i get much lower reward just to avoid theoretical 51% issues"? I mine where i get the most out of my hashing power as nobody would give a shit if i mine for less just to avoid some theoretical issue. Why not telling the miners on suprnova they should leave to make spots free for others?  Believe it or not, there are actually people in this scene that do things out of righteousness and not because of sheer greed... Also, as mentioned before, you only do get less because the variance. I am pretty sure if you would mine on the same pool for 1 month, your payouts would be very similar, if not identical, but there is no need to try to convince you, since you have already made up your mind. I started mining on Suprnova almost 2 months ago and so far mined hundreds of Hush.
The website is nice and functional and it just works. The competition is simply not good enough to make me switch.
All the pool websites that I see on the Hush list are functional and just work, and at times are even more competitively priced than suprnova. As soon as the hashrate goes somewhere else, guess where you will go? Exactly  Oh, you seem to know me? How about the next x100 coin prediction since you supposedly have a crystal ball? I was merely stating that if a different pool gets over 50% hashpower, that you most likely would join that pool instead, am I wrong in my assumption? If so, then please forgive me in misjudging your character and all the power to you for supporting your nr.1 pool regardless of their hashpower! Your assumption is absolutely wrong. There are reasons people defend suprnova pools so vehemently... regardless of hashrate these are among the best pools. OCMiner has time and time again proven to be a trustworthy community member. He has taken the time to make a stable mining environment and gone above and beyond to continue being a part of all of this. Hell he threw up a BitcoinCash pool shortly after the split AND MINED A BLOCK with the best coinbase sig EVER! Point me to a pool where the sysadmin is this active, responsive and upfront with their operation? Point me to a pool that is as easy to use as ALL these are? Point me to a pool sysadmin that anyone else has expressed they were OK with having more than 51% of the hashrate... GL you won't really find it. Altcoin pools break 51% hash all the time and it is not an issue if you have trust in the sysadmin. Seriously take the time to read this whole thread... because for every FUD 51% post here... there are triple or more posts defending OCMiner and suprnova. It's not blind faith, it's historical fact. |
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Everyone that sold off their bcc for "free money"..might be in for a shock of their life, when they realise they sold the REAL BITCOIN for under $300.
Theres still time, buy em back.
As for those that get their coins from polo,coinbase and other places....i seriously suggest you research this alot before selling your bcc.
If BTC had a hard time introducing itself to the entire world population, I doubt it's more than easy to have them know BCH or some other alt coins. This is the reason why the entire market (not wholly true though) movement is based on BTC.. bro all i can say is...read what iv put up on this page..do some research, and you will hopefully understand what im saying....if not.. https://twitter.com/satoshi_n_/status/472585020650291200?lang=enFrankly speaking, do we need so many currency coins (BTC, BCH, LTC, DASH, Zcash and Monero) when we don't even have 1 that's massively adopted worldwide? BTC being the very first crypto is probably the closest currently. 99% of the world still has no clue what any of this is lol... so right now no one knows if there is a need for any of the other coins. But for sure the altcoin devs obviously thought they could do something the others were not or do existing things better. Almost every altcoin is the result of some user here who wanted to do something better, or that hadn't been done before, so maybe the need for the coins themselves is not there, but the need to openly innovate is and that's hard to do if you aren't in the core dev team of the current coins. VOILA make an altcoin. |
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Crazy volume starting to play out... hopefully the info is getting out there now and it looks like some who cashed everything to capitalize on BCH are coming back to their alts now.
With Polo and others finally opening up and giving out their BCH, we should see a nice push on BTC values this weekend.
Nice updates and vids... watching some now!
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Payments for the fourth week.
dbc23 a1d042e6632441d54c918e8ac8fd8d214129f9408e7b3a32a2cf9488c20fc445
393e713f7c4e87abcd9d9d3c0a6c9d49a19aa441828935b0e772565c40ce8e34
cryptogaga 1c7c0b0571ce70a8eb99c92fdced2c2491975424b4bff52be9a161b7bb1d46d8
zeze18 42ca97a232c433c46b24399c6a4b9e0f993aedabcdc6dfa753bcb7eeb609acf5
9jaflick 3bbe373c9f2e6208818976b9a70afa86dff47deb308767c5d12c8dc3779f2d28
Hawker 4650c4a2383c91fae270c523a167c36fad3ceb8c0c923e449ab9bbf7e2fd7d47
Za1n ec4f3523a1fd0afb0afbcffca7f7dbbd1fd937ae8d13eacc30043220e57a81fa
As always two members are rewarded for their efforts, with 2 ZEN's as bonus.
dbc23 and Za1n good work guys!
Thanks!
addias Failed to accomplish task, 0 posts for this week and won't be paid.
Daemonfox Failed to accomplish task, no payment for this week.
Supercops Failed to accomplish task, no payment for this week.
Please confirm payments!
This campaign will last 4 weeks more, later today I will prepare spreadsheet.
Hey MedaR, just wanted you to know I had some odd back to back travel this week... kept me offline for three days worth of the week sadly. This week will be better but I can;t promise it won't happen again, as my job is to jump and travel for emergencies when they arise anywhere in the US. I hope you understand. ~Daemonfox |
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Buy & Sell ZenCash Anonymously!
Our mission is to be the #1 most usable privacy coin in the world, and we just took another step towards making that happen!
You can now buy & sell ZenCash anonymously on Evercoin, an innovative new Silicon Valley based cryptocurrency exchange. No accounts are necessary, prices are fully transparent, and transactions execute as soon as they hit the blockchain.
We take privacy seriously and will continue to cultivate new and useful relationships for the community with partners who share our beliefs.
I will have to check this out... Anyone here used Evercoin yet? Thoughts? |
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Hi,
Nvidia OC advise please.
GPU0(1080TI): 705 Sol/s
GPU1(1060): 274 Sol/s
GPU2(1060): 280 Sol/s
GPU3(1060): 277 Sol/s
GPU4(1060): 282 Sol/s
GPU5(1060): 278 Sol/s
GPU6(1060): 280 Sol/s
GPU7(1070): 448 Sol/s
+-----+-------------+--------------+
| GPU | Power usage | Efficiency |
+-----+-------------+--------------+
| 0 | 248W | 2.84 Sol/W |
| 1 | 96W | 2.85 Sol/W |
| 2 | 92W | 3.04 Sol/W |
| 3 | 97W | 2.86 Sol/W |
| 4 | 94W | 3.00 Sol/W |
| 5 | 95W | 2.93 Sol/W |
| 6 | 95W | 2.95 Sol/W |
| 7 | 167W | 2.68 Sol/W
https://bitcointalk.org/index.php?topic=1733240.0;topicseen |
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Tranz! Excellent work! 4 days of blocks synced in 25 seconds and I am up to date! Staking now too. Curious what made the difference here in this version... what parameters tweaked this? EDIT: I would like to note one issue I see and IDK what the root cause is... I can go from 8+ connections syncing... to 2 connections when done and I have ALWAYS had to sit and wait for something to kick in for it to pick up peers again and catch the updated chain. This version just did it to me after I posted the above. EDIT2: Log file https://drive.google.com/open?id=0B8Vvuskew8TmSDk1TWF4bk0xeGsHey thanks. So there does appear to be a invalid chain out there that some clients are getting caught up on. 2017-08-09 13:19:11 SetBestChain: new best=00000000050e13566f81 height=5499331 trust=85313787170553 blocktrust=12409 date=08/05/17 03:01:27
2017-08-09 13:19:11 ProcessBlock: ACCEPTED
2017-08-09 13:19:11 SetBestChain: new best=4eae80db8b34cfc616bd height=5499332 trust=85313804483242 blocktrust=17312689 date=08/05/17 03:02:33
2017-08-09 13:19:11 ProcessBlock: ACCEPTED
The block 5499331 is valid but from block 5499332 you are getting invalid blocks form a peer that is generating a completely invalid chain. What is weird is that the checkpoint server was rejecting these and they shouldn't have made their way into chain, unless people are ignoring the checkpoints, which is allowed but not advisable. I will update the block chain download on hobonickels.info which can be grabbed to get past the bad block. Give me till later tonight. I will also put some new hard-coded checkpoints in a release that I will try to get out here in the next day or so. That should prevent any invalid chains from getting further propagated. Also you said you were staking now? Can you send me your most current debug.log? No need to shutdown just send me what you have now. Also include you getpeerinfo rpc command output at the bottom or top please. This the most current block as of typing this. 2017-08-09 22:36:14 SetBestChain: new best=000000000956f3c0dee8 height=5519496 trust=85607040993258 blocktrust=15361 date=08/09/17 22:35:50 Should have corrected that... at first post it appeared to be staking but when I swapped back after posting it had started balking at the bad block. Giving the new version a try tomorrow. |
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So to make this case to another . .
Why would YOU choose Zen over ZEC or Hush or KMD?
You don't pretend any of the four do the same things and then realize you go with all four. ZEC will be commercialized heavily to make Fortune 500s etc better acquainted and more comfortable with crypto transactions and services. Uses founder rewards per block paid to the launch team. HUSH is implementing secured messaging and in the future, smart contracts with their own token. Plus they are embedding SuperNET InstaDEX from the KMD team. Small premine to start with funds. KMD is the swap in coin from BTCD (man those were good days!) the core SuperNET coin. KMDPlatform and the InstaDEX all live here and this project is EXCELLENT! KMD itself will be the pairing currency in the InstaDEX and they started with a 100M coin premine, that 20M sold in ICO, 70M are in flux for the BTCD swap through end of year and the last 10M are reserved for dev funding. The whole project here has been worth its time tenfold IMHO. ZEN is taking the Masternode/securenode approach also with a founders reward from each block that will sustain the devs for years to come, no premine. This project has some of the BIGGEST potential to date. Secure messaging is one thing, but taking that to the next level and using this platform for anonymous publication... lofty, ATTAINABLE goals of creating the next web on the internet where data mirroring and historic versioning (think github in a coinbase) are available WITHOUT needing to be hosted on ISP backbones for high availability. I am missing a ton of details that can be looked up if you really need to know more. ZEN and KMD are two of the most undervalued projects out there. James jl777 (BTCD and KMD) started with taking over the BTCD project YEARS ago and has surrounded himself with very capable resources and the community. Ton of credibility there, and he is achieving something everyone here has demanded and no one has succeeded in doing to date... that is InstaDEX and he proved a KMD to HUSH transaction a while ago. I see some of the same promise in ZEN, where they are working hard on the first real feature update, securenodes... this project took the most honest and business savvy approach IMO, and instead of promising the world and rushing to dev for the sake of coin value, they have built what is looking to be one of THE most solid core teams in crypto. Given more time, I expect big things from both. And yes I hold all 4(5 with BTCD). |
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Just for funz and lulz I kicked off a fresh block sync with the new client.
Started at 10:18 AM EDT
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Tranz! Excellent work! 4 days of blocks synced in 25 seconds and I am up to date! Staking now too. Curious what made the difference here in this version... what parameters tweaked this? EDIT: I would like to note one issue I see and IDK what the root cause is... I can go from 8+ connections syncing... to 2 connections when done and I have ALWAYS had to sit and wait for something to kick in for it to pick up peers again and catch the updated chain. This version just did it to me after I posted the above. EDIT2: Log file https://drive.google.com/open?id=0B8Vvuskew8TmSDk1TWF4bk0xeGs |
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289bc24cf99e215b38d65210b56f18e00d9760e84f01cedece9cd7ec38169f9d payment confirmed thx!
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I think I got the kinks all worked out of 1.5.5. I am finalizing some testing and should have it released today or tomorrow. On my big wallet with a TON of weight I get about 40-50% orphan rate. On some smaller wallets I get much lower. But the wallet no longer gets caught up in the millions of unresponsive orphans. And when no new blocks are in, the wallet drops to 1-2% CPU.
This is great news Tranz thank you for your hard work. I will test once you put it up. I had a question about syncing and P2P connections... is there something in the base QT that limits connection speeds? It seems like all these old coins sync really slow no matter what... but all of these newer Java based swing wallets sync the chain like a damn torrent! Or is it just bandwidth from the peers? Or is this just a result of the bulk from 20 second block target? Examples: HBN (QT) gets 14 or so connections and still takes 3 to 5 hours or more to sync 2 days of blocks. ZEN (JAVA) gets 7 to 10 connections and syncs a couple days worth of blocks in about 3-5 minutes tops. HUSH (JAVA) gets 5 to 8 connections and syncs a couple days worth of blocks in about 3-5 minutes tops. Just curious if you had encountered anything pointing to QT limitations on this. Partiality due to fact that HBN does 5 to 6 times more blocks per day. There are things that can be done, including doing a headers first and then sync. That is in the works for sure. Making a Java client sounds great. But it seems I am alone here and no one else is willing to step up and help with code. BTC has 100s of coders, PeerCoin, NVC, LTC have 50 to 10. Even HYP has 4 or 5. So far for a community coin, I have done 99.8% of the code work. I would love to mess around with Java but based on the current work load, its about a 2020 goal. Let me see what I can do about that... i know a few and maybe someone wants a piece of this resurgence. TBC... |
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All the bitcoin cash bulls need to do to make Bitcoin cash mining as profitable as bitcoin is to raise the market price to .17 BTC. Come on supporters. You want to takeover? Stop being so cheap then!  Needs something to fill the blocks most are under 100KB Why do the blocks need to be filled? The meager transaction fees gained from a full block are not going to push this coin to become as profitable as BTC to mine. The sheer fact that a mining op can choose to mine empty blocks on BTC and BCH AND caused this fork mostly because that will disappear in future BTC core is APPALLING... THIS WILL NEVER BE BTC NOR TAKE OVER FOR IT AS LONG AS MINERS CAN DO SHADY SHIT LIKE REFUSE TO PROCESS TRANSACTIONS AND STACK UP EMPTY BLOCKS TO SUBMIT IN STRINGS!!!
You only feed into allowing this by legitimizing this bastard coin.
What are you talking about? Only two empty blocks have been mined for BCH, and both blocks were mined in less than 1 minute from the previous block. The reason for this is because the pool needs to validate that all the transactions in the previous blocks are valid before starting to include new transactions in the new block. Rather than experience downtime during this validation, the pools/miners begin mining empty blocks. This is totally normal. Plus, if there is no transactions in the mempool at the time, do you want miners to have their rigs sit idle while they wait for a transaction to show up? That is not what is happening... when the first empty block appeared... there were transactions totaling 2MB+ in the mempool... check back in the thread if you can find it. Bitmain and Antpool are both guilty of PURPOSELY excluding transactions from blocks so they can achieve exactly what you tried to explain. They are exploiting this known problem and will continue with BCH. |
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