OMG, it appears we are about to make the death cross.  Should I really be concerned? About the value of all the coins you don't own because it's a hobby not an investment? Naw, it's cool I spent a lot of my time for my meager holdings. I want BTC to do well. I don't want the bears to dump on it anymore than I would want someone to take a dump on a valuable comic book that I was collecting. https://www.youtube.com/watch?v=XxVztw1SNN8 |
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OMG, it appears we are about to make the death cross. Should I really be concerned? |
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V8 please reduce your output of quality content. I have merited you excessively and it’s just not sustainable.
TBH, I'm a merit source, and down to my last 3 sendable sMerits, at the moment :| (No - DO NOT MERIT THIS POST YOU SILLY GOOSES !) ... and Theymos expects me to venture out of this thread ?! I'm trying to top off other posters from time to time when I notice they are running low as well. Too much quality here, folks. EDIT: Goddamn you, suchmoon... I still have 106 smerits from the initial disbursement in addition to to a few more from my recently acquired "duty." I guess that I have been way too stingy. It's really hard branching out. Quite frankly, I'm not finding much to merit.  Oh well, at least people don't seem to like my posts much. So I am not acquiring many smerits on top of everything else. I should be able to bring this down to a balance of zero by year end. Thanks for the tip off.  |
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So I had a thought about proof of work and delegated proof of stake. So if I understand correctly, the main advantage of dpos is that you can "schedule" block producers, and thus have blocks produced quite quickly since the producers are known ahead of time. Steem has nearly instant transactions - actually more like 3 seconds I think? - and I think EOS is claiming to have even faster ones. Of course there seem to be serious issues with dpos as we've seen with Lisk and the monopoly that the delegates there have. I also like PoW for a number of other reasons.
So I was thinking about why PoW is slow, and I was thinking about how it could incorporate this dpos advantage, and I had a thought: couldn't PoW achieve essentially the same thing, simply by having miners compete not to produce the current block, but for the opportunity to produce several (smaller) blocks in the future?
So just as a simplistic example, let's say Joe is mining, and let's just say that we are using BTC's algorithm, and a miner will find a solution on average once in ten minutes. So Joe is hashing away, and after a while, he solves the current hashing problem. So then he essentially gets 200 slots where he can be scheduled to produce a block. These 200 slots would get added and mixed in to the queue of slots on the blockchain and he would be scheduled to produce those blocks, and upon producing them would them get the mining reward. Joe would have to be running a node with near 100% uptime even after he finds the hashing solution, much like a delegate in dpos has to do to produce blocks.
I assume there is something I am missing or not understanding, since much greater minds than mine have not used this, to the best of my knowledge, so I'm trying to learn - what would be the issue with this?
Actually, Steem used to have a similar system. Miners could mine their account into existence and would compete to get a spot in the queue as a delegate. It was something like the top 19 delegates in a round would produce a block. One guest delegate not in the top 20 in votes would get to produce a block and one miner in the queue would get to produce a block. However, the mining algorithm kept having several exploits, so Steem eventually got rid of it. |
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I went back 7 pages to find any discussion on the 300 million new USDT and gave up. Too many of these retards in this thread.
If you want to keep up with the conversation on Tethers, you can go to this link. https://twitter.com/bitfinexed?lang=enThis has been a hot topic of conversation for several month. You really think all of the Bitcoin whales have been oblivious to this factor for several months?  The fact that Bitfinex/Tether has not been the most transparent regarding this matter is already priced in. If Tether is indeed a shitcoin, with absolutely no USD to back it up, the honey badger doesn't give a shit. Are we overly concerned when some other shitcoin makes a tumble because it's a scam? BTC is traded for those shitcoins too, just like Tether. |
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I’m never going to be able to buy coffee with shitposts.
Forget the coffee. Covfefe is much better and has no risk whatsoever of having an executive order banning US citizens from purchasing it. |
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Do y'all have a moment to talk about adamstgBit's vision?
More posts per page iirc. Yes, in order to scale we need to first up the number of posts to 160 per page rather than 20. Later on we need to remove the cap and have an unlimited number of posts per page. Or we could better trim the quotes, leaving only a link to the quoted post, so that we have more space in the same post to include several replies. Much more efficient than having to load a gigantic webpage for every single refresh that only users browsing from a datacenter could display. Should we also add a layer on top of it? That way people can keep making microposts of 1 character at a time. |
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We need 10k to be the floor, but seriously it took days to get some action going, it literally takes an hour to have it all come crashing down again.
I want to be rich. 1M USD floor. |
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Do y'all have a moment to talk about adamstgBit's vision?
More posts per page iirc. Yes, in order to scale we need to first up the number of posts to 160 per page rather than 20. Later on we need to remove the cap and have an unlimited number of posts per page. |
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Do people who try to short the WO page count also get REKT?
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yeah I read another post that said "The mining reward is going to be very small until the end of the ICO. The reward until the ICO ends is going to be 0.42 MotaCoin per block." then I saw it changes reward at block 10k in PoW table. so I guess ico will be over around the time we hit block 10k.
I think the Dev is expecting to wrap up to ICO about April the 10th. However, the price he is going to be asking per coin is rather inexpensive. I think the ICO has a good chance of selling out way before then. Could be wrong. |
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I gather that everyone here is talking about time travel to the past. Time travel to the future is quite possible. Unfortunately, if you wanted to go far off into the future, you would either have to get rather close to a black hole or travel at relativistic speeds. Both methods may be quite dangerous to you health, however. https://www.youtube.com/watch?v=c1f7eZ8cHpM |
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How many Bitcoins has bones261 got?
Not only is that an interesting question about bones261,  I already answered the question in a previous post. Now everyone knows how tiny my holdings are. How embarrassing. I have emasculated myself. Very embarrassing. I feel so bad to have even mentioned any of this in public.   |
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How many Bitcoins has bones261 got?
Not only is that an interesting question about bones261, I already answered the question in a previous post. Now everyone knows how tiny my holdings are. How embarrassing. I have emasculated myself. |
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I am Really confussed about this project, is this really connected to NBC company?
I would stay far away. There is no way that Comcast would be releasing an ERC20 token without shilling it for at least a month on CNBC. Also, this tweet, https://twitter.com/NBCoin/status/975573064711684097 , indicates this is most probably a scam. How would something connected to the real NBC lose a sponsor and resort to begging?  |
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Any windows wallet? So we can setup our miners?
The new wallet hasn't been released, yet. If you want to get a jump on it, you will have to try and compile it yourself. I'm electing to be lazy and will wait. Edit:Wallet available now. |
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