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i wanna launch a spin off of TALK called 47 ... cuz the when downloading the chain it always hangs on the block that end in -47 ... weird stuff ... sure there may be some C++ explanation :/
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NAV mixed
very
mixed opinion
...
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da DAO
I'm a guy in Africa and I make a song. I wrote it. I sang it. I recorded it. I imported it into a blockchain-based system like Tao and I can establish my authenticity as an artist, forever. If someone steals it, I can prove I made it and it doesn't matter if they work for Warner Records or the guy in the bar down the street. I use Tao to submit my work to TuneCore and it gets on Spotify.
Now I'm a person who listens to Spotify. I hear this song from this guy from Africa and I can't stop listening to it. I buy his album because there are tracks I can't stream. Because my transaction is recorded on the Bitcoin blockchain it is there forever and I can always prove I paid for it.
... and the guy in Africa always gets paid.
If you don't think that's worth forking the Bitcoin network... I really have no response.
Edit to add: I really do appreciate your point of view because I recognize it is one held by many people.
bruce wankier
a pool of capital to pay for development efforts
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Bitcoin is open source and is still so young that no position, no matter how well entrenched it may be perceived, is unassailable.
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https://www2.coinmine.pl/main DASH main DECREE Pool Hashrate Price Block 6h Luck DASH 197.9 GH 0.02335525 BTC 6 m 117 % DCR 10.2 TH 0.00265828 BTC 15 m 85 % ETC 0 KH 0.00296287 BTC ~18 d 0 % ETH 72.8 GH 0.01904490 BTC 40 m 84 % EXP 81.1 MH 0.00073482 BTC ~24 h 146 % GRS 3.7 MH 0.00000517 BTC 1 d 42 % LBC 831.6 GH 0.00029370 BTC 8 m 70 % PPC 12.5 TH 0.00061159 BTC ~6 h 94 % QRK 85.7 MH 0.00000694 BTC <1 m 100 % SRC 274 MH 0.24600000 CNY 15 m 109 % START 17 MH 0.00002512 BTC ~16 h 113 % WDC 75.8 MH 0.00001355 BTC ~1 h 93 %
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dinofelis is saying some intelligent stuff here! 1. POW is the ultimate shit coin, there is always more and more of them being created, but without them there is no crypto. It's a game of hot potato, called currency. 2. Like every human managed industry ... they eventually end up in cartel and finally monopoly. Check this out ... https://btc.com/10 pools control BTC, and notice that the mining hardware monopoly is vertically organizing their position. 3. So the solution is to re-invent the wheel. bing! LTC bing! ETC bing! XPM bing! blake So you see some are hits others misses. 4. Now I think it is time to create POWs that do something besides just burn electricity and fall pray to specialized hardware (asics). Like run the internet  Or google stuff ... crawl, indexing. Or provide API broadcasts. You know the work required to keep the net up. Steem is kind of like the idea, but I think it falls more to the POS side (you need to buy in in order to have the right to mint more coins). 5. POS is a-okay ... but a different kettle of fish ... the markets will tend to be much less risky ... and thus lack volume. Same with 'assets' they are exactly like stocks. 6. These ICO daos are lunatical ... the winners will be the ones that can organize a public utility ... that means null profit margin and hence shit roi ... but cool none the less. |
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I think the OP is, without realizing, re-inventing some kind of PoS mechanism.
One must realize the intend of PoW mining: it is to BURN SEIGNIORAGE. In any financial system, there must be a way to create a LIMITED amount of money that will be used. Money is to be used as a store of value and as a means of exchange (both are the same, only the time scale differs: "means of exchange" is store of value on short term between trade A and trade B, "store of value" is storing what one obtained from trade A, to do trade B far in the future).
In order for it to be usable that way, it has to be scarce.
In order to be perceived as "fair", the idea is that nobody should be able to "make some for free" without getting them in return for goods and services as anybody else. This is the problem with seigniorage: it is fundamentally unfair.
The brilliant idea of PoW is that competition between miners makes that miners (almost) don't make a profit: they burn it because their competition makes the difficulty rise so much that there remains only a small margin. (if the margin is large, that will attract more miners, and will increase the difficulty and hence the real world cost of mining).
The margin is considered "fair" because it is the market for securing the block chain: if people don't want to go through the hassle of mining for a smaller margin (visibly they don't), that means that the fair price of doing the work is the mining margin.
All coins that do not apply PoW with destruction of almost all value of coin creation through mining competition are fundamentally unfair, in that they assign market value by coins against nothing (no goods and services have been delivered for that money but their owners will obtain goods and services: they get a free ride).
One has to understand that coin creation is an "inflation tax" on all the coin holders. With PoW, even if the coin has no finite limit of creation and has non-zero inflation all the time, this tax is entirely burned in order to secure the chain, and nobody is reaping in the tax. All mechanisms that assign this "tax" to a limited fraction of people (the developers, the stake holders....) have some smell of statish aristocracy reaping in taxes for a free ride.
dinofelis is saying some intelligent stuff here! 1. POW is the ultimate shit coin, there is always more and more of them being created, but without them there is no crypto. It's a game of hot potato, called currency. 2. Like every human managed industry ... they eventually end up in cartel and finally monopoly. Check this out ... https://btc.com/10 pools control BTC, and notice that the mining hardware monopoly is vertically organizing their position. 3. So the solution is to re-invent the wheel. bing! LTC bing! ETC bing! XPM bing! blake So you see some are hits others misses. 4. Now I think it is time to create POWs that do something besides just burn electricity and fall pray to specialized hardware (asics). Like run the internet Or google stuff ... crawl, indexing. Or provide API broadcasts. You know the work required to keep the net up. Steem is kind of like the idea, but I think it falls more to the POS side (you need to buy in in order to have the right to mint more coins). 5. POS is a-okay ... but a different kettle of fish ... the markets will tend to be much less risky ... and thus lack volume. Same with 'assets' they are exactly like stocks. 6. These ICO daos are lunatical ... the winners will be the ones that can organize a public utility ... that means null profit margin and hence shit roi ... but cool none the less. |
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Most rare Spells of genesis card that was issued in lot of 198 was just sold for 1,280 XCP or 6.6 BTC. https://sogassets.com/dex/SATOSHICARDAnother one yesterday at 5 BTC: https://swapbot.tokenly.com/bot/adam/adams-emporium#choose Spells of Genesis is a blockchain card game that should start in September. Last few days it fills internet newspapers with articles that EverdreamSoft which created SoG is developing a blockchain gaming platform. Force of Will (The game sells cards in more than 30 countries ranking 4th in sales volume in the North American hobby channel collectible game category.), a popular Japanese trading card game, is set to take advantage of the blockchain game platform. Lots good news lately drow price of BCY and Satoshi card up. But where it will stop? |
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Gross Incompetence  |
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 General info about LiteDoge Specifications Name: LiteDoge Ticker: LDOGE PoW Algorithm: scrypt PoS Algorithm: PoS 2.0 Block Time: 64 Seconds Min age: 8 hours Maturity: 501 blocks TX fee: 0.1 LDOGE Difficulty Retarget: every block P2P Port: 17014 RPC Port: 17015 Premine: none Max Coins: approximately 50 billion LiteDoge Launch: March 16, 2015, 08:15:00 PM UTC PoW rewards PoW ended at block 8,000 Pos Rewards from PoS start to 9,999: 100,000 LiteDoge reward Block 10,000 to 19,999: 50,000 LiteDoge Block 20,000 to 29,999: 25,000 LiteDoge Block 30,000 to 39,999: 12,500 LiteDoge Block 40,000 to 50,999: 10,000 LiteDoge Block 51,000 to 144,999: 30,000 LiteDoge Block 145,000 to 189,999: 28,000 LiteDoge Block 190,000 to 234,999: 26,000 LiteDoge Block 235,000 to 279,999: 24,000 LiteDoge Block 280,000 to 324,999: 22,000 LiteDoge Block 325,000 to 369,999: 20,000 LiteDoge Block 370,000 to 414,999: 18,000 LiteDoge Block 415,000 to 459,999: 16,000 LiteDoge Block 460,000 to 504,999: 14,000 LiteDoge Block 505,000 to 549,999: 12,000 LiteDoge Block 550,000 to 594,999: 10,000 LiteDoge Hard fork at Block 595,000 Block 595,000 to 639,999: 4,000 LiteDoge Block 640,000 to 684,999: 2,000 LiteDoge Block 685,000 to 729,999: 1,000 LiteDoge Block 730,000 and up 500 LiteDoge https://bitcointalk.org/index.php?topic=1308769.new#newhttp://www.ldoge.tech/-------- i stakes if it syncs and i syncs  like the 8hr min hold ... quick! |
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Any active plans for this coin??
I have a plan. A very simple one. Litecoin & Doge; LDOGE is the broker. All that is needed is keep the network robust and rolling. Anyone want to be the LDOGE rep over in the TALK thread (pos community)? https://bitcointalk.org/index.php?topic=864994.new#new |
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We identified three types of tokens: Debt Tokens Equity Tokens User Tokens. User tokens User tokens , or 'appcoins' as Naval Ravikant and Balaji Srinivasan have called them, are a form of digital currency needed to access the service provided by the distributed network. As Union Square Venture managing partner Albert Wenger explains, you can think of these as tokens you buy at a fair to get on a ride. In ethereum, for example, you need ether to build distributed apps on the platform. In the case of Sia, a distributed storage system, you need to own Siacoins to store files in the network. User tokens are earned by providing value to these networks. Contributions can take the form of mining, as in bitcoin, ethereum and Sia, or publishing stories, as in Steemit. Since user tokens are on a blockchain, they can be easily redeemed for any local or cryptocurrency. Equity tokens Equity tokens are used to finance the development of the network, but are not needed to access the services provided by the underlying protocol. As its name suggests, we can see 'equity tokens' as cryptographic shares of a network. In exchange for investment, equity token holders are entitled to "dividends" in the form of revenue sharing or transaction fees in the network. For example, in the case of Sia, 3.9% of all successful storage payouts go to the holders of Siafunds, their equity token. In many cases, these equity tokens represent shares of a distributed autonomous organization (DAO). A DAO's code is responsible for issuing the tokens, holding the money collected from the token sale, and contracting a company to develop the network. Besides receiving a pro-rated reward, equity token holders in the form of DAO shares are usually entitled to pledge on proposals for how the investment money will be used. That's the case of Digix, an asset-tokenisation platform built on ethereum. DGD token holders: Receive a reward on the transaction fees of the Digix Gold Network Are able to submit and vote proposals on the DigixDAO. Debt Tokens A third type of token is the 'debt token'. We can see these as a 'short term loan' to the network, in exchange for an interest rate on the amount lent. Steemit is one of the few networks with debt tokens, issued in the form of Steem Dollars. Steem, the cryptocurrency mined by the network, can be used to buy Steem Power or Steem Dollars. Holders of Steem Dollars receive a ~10% interest rate, paid in Steem Dollars. Steem Dollars are unique to the economics of the Steemit protocol. Through buying Steem Dollars, people can invest in the network with sufficient liquidity, without committing to the two-year vesting period to which Steem Power holders are subjected. We see networks with multiple combinations. These include networks with: Both user and equity tokens (Sia, Digix) Only user tokens (bitcoin, ethereum) Only equity tokens (Golem, SingularDTV) User, equity and debt tokens (Steemit). http://www.coindesk.com/tokens-crowdsales-startups/ |
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Re: PayPal to support 3 coins Here is a single page from the PayPal patent published May 26th, 2016 for those that didn't know. They must play World of Warcraft! I got my Gold, Silver and now Copper. The perfect trifecta! It would be so hilarious to buy groceries with Doge through PP. I thought Litecoin and Doge were dead though? Reference: https://www.scribd.com/doc/314538419/PayPal-Patent Doge is good for CC, it brings in the kids to learn. And then they know the difference between VC and CC.
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QoD Re: PayPal to support 3 coins Doge is good for CC, it brings in the kids to learn. And then they know the difference between VC and CC.
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