I like alot of the features in CryptoNote, but i'm missing whats makes it different from CryptoNote. Just seems like you have tweaked a few times and thats it.
What really makes you stand out from other coins? Honest question, not trolling here.
How about a deal we change the Block Reward System. - Block reward decreases each block according to the formula: BaseReward = (MSupply - A)/218, where MSupply = (264 - 1) atomic units and 'A' is amount of already generated coins
to
- Block reward decreases each block according to the formula: BaseReward = (MSupply - A)/218, where MSupply = (264 - 2) atomic units and 'A' is amount of already generated coins
Is that the only major change?? Have you done any modelling to see the effects this would have in different situations?? I'd be very interested to read any stuff you have on that. No we can't say many Stuff, because we are still in the Development If you want people to really take note, some figures and reasons would be cool for why you change some of the numbers, some models to show how its better with your numbrs over the old ones. Or new Changes - Algorithm: CryptoNight
- Emission curve 23 with 25 seconds BlockTime
- Difficulty retargets each block
- Block reward decreases according to the formula (264 - 1 - A)*2-21*10-12, where A = supply mined to date
- Total coins: ~18,446,744
- Confirmations: 60
- Emission curve 23 with 25 seconds BlockTime
- Faster Mining, because we use a better Mining Application
You are arguing that your coin is not a clone, yet all you present to us are just minor tweaks. By that logic, no coin is a clone and every single altcoin is an "innovative, new coin."
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Hi i need to rent a camera . i HAven't thought of the model or anything yet but i am going to the store today hopefully i get a decent camera available for renting to broadcast the first show i can do it with my laptop webcam but i don't wanna compromise with the video quality
loan can be paid back by the tips earned by the model
60% goes to model and and rest would help me payback the loan amount
0.1 btc
address : 19Ew2eq4wz4pPRJ4mgERQMyTf5mXENT1Lw
interest will be 1.5 % daily for a week
ie 7 days total interest will be 1.5*7 = 10.5 % for 7 days
This is not well thought out at all, scam or not. If you were really interested in earning money by shooting amateur pornographic videos, then you can do that just by filming with any half-decent camera/webcam/cellphone and posting it on any adult video website with an affiliate program. Lots of people are doing that and are earning more than you ever would asking for an undeserved loan. In fact, if you had done that first, you would have already earned enough from a low quality 5-minute amateur video to buy the camera that you're thinking of renting.
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What I can prove for collateral?
Collateral is something that the lender can sell or trade in order to get his/her money back in case the borrower decides to default on his/her loan. That's what everyone is asking for and what you obviously do not have. Also, your account containing $57K is just a scam that you fell for, so please stop insulting everyone's intelligence by continually posting about it just because your pride won't allow you to accept the fact that you were duped by a clearly obvious scam.
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We need new features in the wallet -- encryption support. Otherwise the volumes are really low.
I suggest this feature be released the same day when scrypt ASICs will be out.
Agree, new features come out and quark needs to be involved to stay in the game, quarks dev should keep an eye on these developments We should get someone to add pos and some form of encryption support asap. You can't sit still in this game, sure most new things are fads but some people actually really want these features. Let's at least have a vote from the qrk community. Please keep your PoS fad to yourself. PoS is good for nothing, BTW it can be killed with hardly any investment. https://bitcointalk.org/index.php?topic=604716.new#newWould this also apply to a hybrid PoS/PoW for quark? or is it for 100% PoS coin only Sunny King seems to think it will work okay. PPC has not had any known issues since i've been using it. You have rat4 saying POS only is safer than pos+pow. You have others saying the opposite. Sunny King created it and ppc is both. From what most devs are saying POS + POW is more secure than POW only with very low hash. However, can POS even work with qrk? i see probe was a mess, particle are switching to x11 pos because he probably can't code POS on to qrk, else why move to a totally new algo. Anyway if pos can create greater security that would be nice but not worth switching away from qrk. I see some coins even LTC have these mixing gateways popping up. Perhaps an official qrk mixing gateway could be useful again could be ROI if nobody wants to code it for free (small fee paid by users). Would have to run by someone kind of official. I've see 2 now already for LTC in the last 2 days and doge has 1 i believe. There are talks on reddit that quark could go with a hybrid PoS/PoW + merge mining with Bitcoin and the fact it also has random hashing that it would become super secure. Also integrating an optional anonymous feature in the wallet would maybe be cool too. But hybrid pos/pow and merged mining is something to look forward too. You can't merge mine Quark with Bitcoin because they employ different hashing algorithms. Quark can only be made to merge mine with other Quark-based coins. However, there is very little benefit to merge mining with a coin with a lower network hashrate, while merge mining with a coin with a higher network hashrate would most likely elevate a competing Quark clone.
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Using our private keys on a newly forked wallet exposes us to a lot of risk for very little reward. I prefer being able to claim my Clams by verifying a message digitally signed with my BTC/LTC/DOGE address and not by importing the private key itself. Would the dev team be willing to implement such a change?
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Mazacoin is supposed to be a "sovereign currency" anyway, so what does it matter? If it is true that the Lakota Indians approve of and support Mazacoin, then let them secure the blockchain and trade the coin among themselves. Why would the coin need to be approved by non-Lakota Indians for the actual Lakota Indians to start using them? That thinking seems to run contrary to what the goal supposedly was. If the fear is that malicious third parties may drive the value of the coin down if they are not appeased, then that should have been considered before it was heavily promoted to people who are primarily interested in making a profit from pumping and dumping coins.
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➢ Im Trying to Find the Best Exchange to Buy Coins On, What is it??
Let me know which exchange is the best and why, I am trying to get started and want to be using the best exchange.
There is no best exchange. One exchange may be better than another in one aspect, but not in another. Personally, I find Mintpal and Poloniex to be well above other exchanges in terms of trustworthiness, quality of service and support, deposit and withdrawal confirmation speed, transaction speed, and selection of coins. Cryptsy is extremely unreliable when you want to make quick transactions, so it is only useful as a backup exchange for next-day trades. Most of the other exchanges either suffer from low volumes of coins or lack of trust in the community, if not both.
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It is a great joy to experience the launch of BitRaam, the world's most enlightened digital currency, faster, more secure, and much more transparent than BitCoin.
SPECIFICATIONS Algorithm: SHA-256 Total Coins: 50 MIl coins Block Time: 2 min block time Reward 50 coins per Block BitRaam (BRM) KGW BLOCK REWARDS Normal Block Reward: 50 Port= 4002 RPC= 4003 PREMINE 4.4 Million BitRaam (less than 10% of the total)
I would say that those are bold statements for just another fork of Bitcoin, and premined at that. What is it exactly about your coin that makes it much more secure and much more transparent than Bitcoin? From what I can tell, it doesn't even have a blockchain explorer.
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4500 physical shops accept bitcoin and many websites as well
hundreds of thousands of users use bitcoin
in other words bitcoin has much more support, and there's the value.
Why is facebook worth billions and myspace worthless? Same reason.
That proves my point: Myspace used to be worth way more than Facebook, this shows that the "first mover" advantage is not absolute. Myspace is not designed to be used as a currency though. Its users can migrate to another social networking site like Facebook without feeling an ounce of regret. Bitcoin users can't do that without incurring a potential financial loss. You see, Bitcoin's advantage is not that of "first mover," but rather being the core around which all currently existing cryptocurrencies revolve around.
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But I still don't understand, if I make a transaction, does my private key remains the same? For example I have 1 bitcoin and I send 0,1 bitcoin to an other public key, does my private key still be the same? Or after every transaction should I make a new paper wallet?
If you're asking if you should create a new paper wallet after every transaction, then that depends on what you want to do. Some people prefer to be anonymous concerning their transactions and/or balance, so they use a unique address per transaction. That way, no single transaction can be linked to another, helping maintain their relative anonymity. Some casual users who don't care just reuse the same address. I recommend that you create a new paper wallet containing a new key pairing if you feel that it is worth your time to do so. But if you feel that your current paper wallet is adequately secure and anonymous for most intents and purposes, then you can simply reuse the same paper wallet without worry. Just make sure that you don't lose it.
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As long as Bitcoin is not universally accepted as a currency and people keep trading Bitcoin as a commodity, it will continue to remain volatile. A mainstream entity publicly investing in Bitcoin can easily cause a bubble, while all it takes for a crash to happen is one Bitcoin investor holding a large amount of it suddenly cashing out. There's also the ongoing struggle to gain official government recognition and mass public adoption. Future halvings, DPR's seized funds getting dumped onto the market, Mt. Gox miraculously recovering another cold storage wallet when Karpeles runs out of money to pay for his lawyers' retainer fees, et cetera -- a lot of things can and will shake the Bitcoin market. Bitcoin is volatile -- that's just a given.
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Oh sorry Micky,
To answer your first question Yes. Mining Scrypt is cheaper right now because the ASICs are cheaper and more importantly ready to be shipped right now. You'll want to use a MultiPool and have it Auto Convert until you can build up a good hash rate though. Getting fractions of coins and exchanging them yourself, although may gain you more BTC, simply takes too long to do and the fees for doing so gets you. At least that's been my experience.
Thanks for your answer! So to sum it up, scrypt mining and conversion to BTC will help me generate more BTC per day than only mining BTC (provided the pool is right, of course)? Assuming that you have less than 100 Ghs of SHA256 hashing power, then that is correct. Mining BTC with a lower hashrate than that is generally not profitable compared to mining any trending Scrypt-based coin with a decent GPU. Having said that, if you have neither Scrypt ASICs nor the intention to purchase any in the future, then you should consider mining Scrypt-N-based and x11-based altcoins as well.
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I signed up months ago actually, I should have say it, sorry. I will create another account and use your address then. You are not allowed to have more than one account. From their FAQ: How many people can sign-up per household or per IP address?
Our primary concern is not the number of registrations per IP address or per household, but rather that every account belongs to a unique person and that people don't have more than one account.
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Pools do not know what your actual hashrate is. The pool software dynamically calculates your hashrate from the average number of shares that the pool receives from your worker. If a pool is showing a lower hashrate, then wait a few more hours and your average should adjust accordingly as the pool receives more shares from your worker.
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The client sent larger than required fees, the same amount for all transactions, but broadcast them in a way that miners would not readily accept
The coins being sent were only in the sending address for less than an hour, so its priority was very low. I believe that dust transactions have very low priority to begin with anyway.
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HI, I want to know what the best BTC pool is. I have a 1TH/s miner and want to test it. I realy don't know which Pool I want to choose.
BTW i have a great Domain, it's realy good for a Pool but also for other Mining or Coin stuff: hashrage.com feel free to make an offer
Eligius and BTCGuild are, from my experience, currently the 2 most efficient and stable BTC mining pools. As for your domain name, it is corny and unrelated to cryptocurrencies other than having the word "hash" in it. Any random person could simply make a new domain name prefixed with "hash" and get it cheaper. It also expires in less than 6 months and has never had any traffic. What you call great, most of us would call random online junk.
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Hi all,
I have a problem!
I sent some old coins to Comkort:
1000 - All fine 10000 - All fine 50000 - Never arrived 1000 - Never arrived
Glad i tested this rather than send all 3 million!
What can i do about the 60K that are lost and how can i exchange the other 3Mil?
Rgds
Ratters
Contact Comkort Support and address the issue to them. I believe they took down their Diem wallet as early as yesterday though (and posted an accompanying notice), so that might be a problem if you sent those coins only after that happened. In any case, Comkort Support should be able to help you ascertain the status of those coins that you recently sent.
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With only about 10 Ghs of mining power, I would suggest mining another SHA256 coin with lower difficulty instead. Depending on the volatility of the coin that you choose, you might earn only slightly less than what you would earn from mining Bitcoin. The main difference would be that you would reach the payout threshold more easily for whatever that coin is than you would for Bitcoin. But if you don't mind leaving your ASICs hashing 24-7 until you mine enough Bitcoins to withdraw, then BTCGuild is a good pool to mine with. It offers merged mining with Namecoins, which is a nice bonus, since it allows you to diversify to a second coin.
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Thanks, I was thinking along the same lines of minute chance too. In theory though, especially if bitcoin becomes mainstream, is there a way to modify the way bitcoin operates to ensure no collisions: both past and future collisions? Someone out there could be auto-generating hundreds of keys a minute for various reasons. As we all know, there is an abundance of dishonesty on the internet where money is concerned. I realise from previous posts that even if someone were generating pairs in their hundreds or thousands there would still be a very small collision chance, but it's a chance none the less. I would be pretty gutted even if I lost just one BTC due to a collision. That could be a lot of money in the future, or could be next to nothing. I don't want to get into speculation The Bitcoin protocol is open source technology that was created with the rationale that any potential problems would be dealt with as hardware and software continue to evolve. The collision dilemma is one that has been discussed by people in the community many times before -- and still -- but the prevailing argument is that it will be relatively far in the future before collisions start becoming a major problem, and that it will have been solved before we come remotely close to that point in time. While that point may be debatable depending on one's personal perspective, the truth is that anyone saying differently yet also committed to making Bitcoin work can simply find a solution on his/her own, rendering the prophecy self-fulfilling. As for "preventing collisions," that is impossible without completely rewriting the Bitcoin protocol. There are a lot of existing Bitcoin wallets, all open source and all easily modifiable. Meanwhile, the number of Bitcoin addresses is finite and their generation is a deterministic process. It's just one of those things when dealing with open source -- the best we could is to work around it, not against it.
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I was just thinking about a possible flaw in my system of creating a paper wallet, as detailed above.
Would it be a good idea once I've generated an address (and matching private key) to use my internet PC to search for the address on blockchain.info before depositing my coins into it?
If blockchain.info comes up with a blank for that address does that mean it hasn't been used and I can go ahead and make my deposit?
If it has been used then someone holds a private key for that address and I can go back to my disconnected Tails live OS and simply generate a different address and key pair.
Is my working correct and is it necessary to check the blockchain before depositing?
It is not necessary to confirm if your Bitcoin address currently has an owner. The chances of a collision of addresses occurring, though continually growing, is still very minute. However, you can always do as you suggested if it will ease your mind. Nothing is wrong with being doubly sure when it comes to security. Let me tell you why I personally think that checking if a randomly generated address is redundant though, just to give you an added perspective. Theoretically, if collisions on Bitcoin addresses are already occurring at this very moment, then it will be much more frequent as time goes on, and checking the address once would be meaningless since it could just as easily be randomly assigned to another person after you had already transferred your funds into it. Also, an address with no transactions linked to it could theoretically still be owned by someone who has simply not used it yet. For example, Electrum generates at least 5 addresses when you open it for the first time. A casual Bitcoin user can use just a couple of those but still retain access to the unused addresses.
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