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2141  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BitGem, the precious scrypt PoW/PoS cryptocoin. on: May 18, 2013, 01:27:49 PM
1/3 of bitbar with 10x higher tx fee, released with 0 diff..

and i can't hit the block! everyone stop mining it right now!!!

High tax is a common in luxury commodities / currencies. See http://en.wikipedia.org/wiki/Luxury_tax.

Intial diff is nearby the same as most of coins.

Greets.

Any chance of a pool? Otherwise I have no hope of getting anything.
If you wish to buy, I am selling 5.
2142  Bitcoin / Development & Technical Discussion / Re: Coin-eater... on: May 18, 2013, 12:49:07 PM
Just for curiosity...

What measures are in place to stop a "miner" within a "pool" from doing this...
- Mine away all the useless shares (Which takes no effort)
- Don't actually mine for any coins... (Thus saving a lot of power, and being able to mine multiple pools at once.)
- Collect a percentage from the useless processed shares in the pools.

or...
- Mine away in a pool...
- Use your own wallets server-id, instead of the pools id... Thus, when you find a block, you keep it... and still get rewards for shares from the pool. (Only using your ID on the blocks, not the shares, which are returned.)
- Mine multiple pools, processing useless shares, while collecting the found blocks for yourself... Thus, ensuring invalid blocks are always returned to the pool, too late, after they have deposited into your wallet.
Doesn't work like that. There are checks in place to see if a share is valid or not, including if the miner finds a block and tries to submit to his Bitcoin client.
2143  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency on: May 18, 2013, 12:30:02 PM


Any one getting proof of stake coins ?

I have plenty of coins that are 1.5 months old. but still no proof of stake...

wallet is 'unlocked for block minting only'

how much luck is involved? is there a calculator to gauge avg times?
Well, I found out, that my 415 coins at pretty much the same age as yours, would take about 80 days to find a PoS stake block. However, the more they age, the more the days to find a block will decrease. But at the same time, the PoS difficulty can rise, which in turn will raise the days to find a block.
2144  Alternate cryptocurrencies / Altcoin Discussion / WTS 5 BitGem for LTC on: May 18, 2013, 11:30:38 AM
Title says it all. Post offers.
2145  Alternate cryptocurrencies / Altcoin Discussion / Re: [wtb] bqc bbq.. for 15dollar/2000bqc paypall on: May 18, 2013, 09:15:46 AM
Obvious scammer is obvious. PayPal + newbie + broken english = chargeback = scam
2146  Bitcoin / Bitcoin Technical Support / Re: BlockChain is acting strange. on: May 17, 2013, 08:12:45 AM
Must have to do with the current limit blocking transactions smaller than 5240 satoshis.
2147  Alternate cryptocurrencies / Altcoin Discussion / Re: [WTS] 120,000 GLDcoin for LTC on: May 16, 2013, 10:22:59 PM
You know, last year(2012) a week from now, I sold 1500LTC for a fraction of what I could get now. Just saying.
2148  Alternate cryptocurrencies / Altcoin Discussion / Re: [Idea] Unicoin - The Alt Coin Killer on: May 16, 2013, 07:23:34 PM
With the altclones going out of hand, I came up with this idea

UniCoin
Unicoin is created by combining a certain amount of coins. Maybe based on their total finite amount or market value at the time.
So it could be 1 BTC, 4 Litecoins, 10 BBCoins, you get the idea. To create 1 UniCoin.
In this process, the normal coins are destroyed and you are left with a coin hash which is calculated from a combination of these coins. This will slowly kill off the "normal" coins. Smiley

To counter new altcoins, they will successively be integrated into Unicoin. So over time, you start adding Feathercoin, Chinacoin, whatevercoin etc.
So there would be an incentive for early adopters, as it would require more and more coins to craft a UniCoin.
If you want to "mine" an UniCoin, you simply need to first mine 1BTC, 4 LTC, etc etc. So it is technically mineable, but by mining each separate currency.

The idea is by using this method, you will leverage all the altcoins into one single coin, making it pointless to invent useless clones, while also utilizing a bit of every coins improvements.

Someone make it happen Smiley
Oh my god, I was thinking of the exact same idea. Though mine was using Proof-of-Bitcoins-Destroyed for the proof-of-work algo.

Basically, it requires manual labor, sending an amount of bitcoins to an address that would be extremely hard to compute the corresponding Private Key, like the BitcoinEaterAddress, based on the tx, you have the proof and input the raw tx, or just the hash of the tx and hash that.
2149  Bitcoin / Development & Technical Discussion / Re: What host do I use? on: May 16, 2013, 02:20:46 PM
With Bitcoin services like Pools and Exchanges, you are probably better of asking yourself, if you should be considering dedicated hardware, instead of which host to use. The security you can provide then, is far higher when you add in a Good datacenter and multiple dedicated servers for specific purposes.

Too many big Bitcoin services have been "compromised" in some shape or form, due to the weakness of a 3rd party providing their hosting was too easy to access sensitive data.

Have you tried operating a private pool directly from home/office, using your own miners and a few select people.
The expenses of getting up to a point where it is profitable size, is why some pools closed this year, the variance of smaller pools can make it difficult.
My pool is not for a select people, not to mention I don't even have a "group". And I cannot run it from home/office because my internet is crap, and can be on and off(for days).
2150  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BitGem, the precious scrypt PoW/PoS cryptocoin. on: May 16, 2013, 02:16:23 PM
The difficulty was quite low... though it adjusts every block so I feel like that could be helping prevent orphans.
You misunderstand what an orphan is.
2151  Alternate cryptocurrencies / Altcoin Discussion / Re: How long can BTC-E Stay in Business as a black market company? on: May 16, 2013, 02:09:01 PM
BTC-E is in Bulgaria
The hell??? I am from Bulgaria, and this is the first I've heard of that.
2152  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BitGem, the precious scrypt PoW/PoS cryptocoin. on: May 16, 2013, 02:07:24 PM
Erm, orphans is when you submit a block, but it had already been solved. So essentially, having orphans means you hash slow, or have low connectivity.

Not getting orphans, and not getting any blocks either, means the difficulty is very high, and it will take some time.
2153  Bitcoin / Development & Technical Discussion / What host do I use? on: May 16, 2013, 01:56:18 PM
If I wanted to start a small Bitcoin pool, what host do I use? A host that is not subject to these FinCEN crap/DHS and so on.
2154  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][INC] IndianCoin: Soon To Be Released on: May 16, 2013, 12:41:56 PM
I can try to help with a Windows client, but unfortunately I have not tested the clients I've compiled thus far in an environment outside of my own.

Oh, and to prove my trustworthiness, I am the one who supplied most of you guys with pooler's optimized CPUMiner for quite a while a year ago, till I had to leave for extended time.
2155  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BitGem, the precious scrypt PoW/PoS cryptocoin. on: May 16, 2013, 12:39:50 PM
I have the luckiest address by far, it's gcTujohDn1ScH6wQxTay8ifuFkRU63BEER, notice the last four letters. Must be the best random address to date.
2156  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]BitGem, the precious scrypt PoW/PoS cryptocoin. on: May 16, 2013, 11:39:58 AM
Good job diverting retarted miners off the real prize.
Which is?
2157  Alternate cryptocurrencies / Altcoin Discussion / Re: KanoCoin on: May 13, 2013, 08:25:43 PM
Great new idea - it works like this ... you send me BTC while I work on cgminer - we both win Smiley

Different to every other alt-coin:

If you use cgminer, you'll gain coins.
If you send some to me, I'll gain coins.
No one loses! Cheesy
You and Con are the two stooges, read idiots and bunch of scammers. But oh well that's just me.
2158  Bitcoin / Development & Technical Discussion / Re: A bit of criticism on how the bitcoin client does it on: May 13, 2013, 06:52:58 PM
In what language are you implementing the node? I've been having an idea of also writing one, perhaps in C, but who knows, I don't usually finish projects.
I have implemented it, in Go language: https://bitcointalk.org/index.php?topic=199306.0
I thought the moto of the Go language is simple and efficient, will it even perform well?
2159  Bitcoin / Development & Technical Discussion / Re: A bit of criticism on how the bitcoin client does it on: May 13, 2013, 06:38:34 PM
In what language are you implementing the node? I've been having an idea of also writing one, perhaps in C, but who knows, I don't usually finish projects.
2160  Alternate cryptocurrencies / Altcoin Discussion / Can we get a list of all alt-coins? on: May 13, 2013, 02:15:20 PM
When you go to http://coinchoose.com/ there are a bunch, but a few are not there, and a few others are being "announced".

And while we are at it, what the hell happened to Bytecoin?
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