Show me a coin which doesn't have such a distribution.
Or a fiat currency :-)
That's how things work in this world.
C'mon, 25% in a single address. That's like Warren Buffett owning the entire state of California or something. |
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1/4 from all Vertcoin in 1 address -> it's dangerous for every coin
Why? It's kind of strange more than anything else. Almost like a trophy for someone. I don't think it's really dangerous, per se, but I think it is kind of off-putting to people considering buying/mining/using Vertcoin - why would you want to use a "currency" when one single address holds 25% of all that exist. It's possible it is an exchange's cold wallet address, but I've had people tell me that's not the case. It would be trivial for the owner to split the massive sum into many smaller addresses, giving the illusion of a broader distribution of the coin, but they choose not to do that, which is why I said maybe it is like a trophy for someone. |
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Is the choose of algorithm due to the availability of FPGA implementations of Blake256? Someone pointed out on IRC that: <Wolf`> blake256
<Wolf`> no point in GPU mining it
<Wolf`> FPGAs will be on it from launch minute And then I found this github repo: https://github.com/kramble/FPGA-Blakecoin-MinerJust curious if it's even worth setting up gpus to mine or it's probably not even worth it... |
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My Dev is sick in bed with the flu so I'm giving him the night off...
Lol wtf? Thanks boss  |
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BURST is a crapcoin that will never succeed and you're all wasting your time with it. You're really stupid to have kept it going this long.
I agree so far that the biggest risk is that NXT will eat burst at some time... but if that does not happen, if burst gains some features of its own, there is room to rise, even when all coins are distributed it is not entirely obvious if nxt or burst has the most practical way of keeping transactions running. NXT gives more power to those who own a lot of NXT, BURST gives more votes to those who have lots of terabytes of harddisk space. ... NXT itself seems to be in basically freefall. JamesHODL or whatever has been promising Supernet forever, and there are some improvements, but with an initial distribution to 60 odd people and no "killer app"™, I think NXT may be in more trouble than a fairly distributed coin/asset like BURST. |
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Will there be a win32 release ?
Hi, Yep, there will be win32 release. I expect a win16 release too  Maybe by the time the space lobster gets around to making a release he'll have to make one for win128 also... |
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There is a new Missive podcats.
 podcats |
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Got New email from Stellar
so they're done with that coin and go full mainstream "charity"? get your hand out of my pocket stellar! Does all the money go to charity or does some of it go to pay their expenses? I believe donating to charity shouldn't partially pay someone's inflated wages while a tiny portion of what you donated gets through to the people you are donating to. Quite often well known charities take more out of donations for their wages bills than they spend on the needy. I think they're incorporated as a non-profit in Delaware, which means they have no obligations to reveal any financial expenditures, so probably all to pay themselves. Scam level - extraterrestrial. |
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Scrypt is certainly ASIC territory, for about two years now. Maybe X11 and try to get Darkcoin pools to merge mine. Or Skein and try to get Digibyte and Myriad pools to merge mine.
It is a tricky problem, because with GPU/CPU algos, someone can wait until diff gets low, then rent a lot of hash or botnet and mine a bunch of blocks rapidly. If you could actually get a significant portion of X11 miners to merge mine, I don't think attacks would really be feasible. At this point though, I'd think that almost anything is better than being completely at the mercy of a single pool, but, change is always scary, and probably dangerous, and also quite a bit of work I imagine.
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Lol dat neckbeard |
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isn't the high hashrate completely dominated by a single pool? Even though there are two algos, doesn't f2pool control more than half the hashrate on both at any time? So, even though there is a high hashrate, isn't Huntercoin completely at the mercy of a single entity?
Was f2pool completely down (for Huc mining) when block time was 5-10 minutes a few days ago? If f2p has just >51% and not really 100% then it would almost be ok for the moment and the current marketcap. It's different tiers of "at the mercy of", vulnerable vs instadeath if kicked out. Just checked like the last 20 blocks here https://www.huntercoin.info/blockExplorer , and every single one went to HPDTL..., which I'm assuming is f2pool's address. I know that there can be a lot of variance and stuff, but I'm guessing their share of hashrate is way closer to 100 than 51. I don't know any other pools that mine HUC... Maybe it's not a bad idea to swap out sha or scrypt for a gpu-mineable algo, or add another one or three gpu/cpu mineable algos... |
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Can someone just please tell me wtf that noise was...?
some bank may use xem tech... ...but not xem coins  if something is needed......it grows in value.........think about it folks !!!!!!! I mean the noise in the guess the noise contest. Just cancel the contest and tell me what the noise was! |
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Looks good. You using moneroclub open node for daemon?
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Ever thought of moving HUC from POW to POS mining? Like Peercoin/Netcoin is?
What would be the benefit? My personal opinion is that POS is not really a good way to secure a blockchain -- particularly when you can enjoy a high POW hashrate due to merge mining. I'm not really a fan of PoS either, but in the case of merge-mining, especially in this case, isn't the high hashrate completely dominated by a single pool? Even though there are two algos, doesn't f2pool control more than half the hashrate on both at any time? So, even though there is a high hashrate, isn't Huntercoin completely at the mercy of a single entity? |
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A. E. (I.) O. Nope.
Advanced electronic ocular nickels...
Awesome electronic Orwellian nyancats...
Allah eats only not-pigs...
I got nothing ¯\_(ツ)_/¯
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Can someone just please tell me wtf that noise was...?
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Looks neat. Not sure the premine is the best idea, and airdrops have a somewhat notorious history in cryptoland, imo, but with that being said, I'd be happy to participate in this one Those are fair comments. The project struggled with this for a long time... I agree, it's a difficult if not intractable problem. At this point it almost seems better to call it something, anything, besides a premine - Etherium and their ICO or Darkcoin and their instamine, both kind of do linguistic gymnastics just to avoid the use of the 'p-word'. Anyway, I signed up for the airdrop with my bitcointalk account. Not sure if I'll qualify, but I've done some miner and wallet gui wrappers for Myriadcoin and Monero, respectively, using a github account with same nick that I use here. Looking forward to the release and hope everything goes smoothly. |
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Looks neat. Not sure the premine is the best idea, and airdrops have a somewhat notorious history in cryptoland, imo, but with that being said, I'd be happy to participate in this one |
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