If the proof chain doesn't take a lot of computational power to create, then the system is insecure because anyone can easily create an alternative proof chain that will fork the coin.
Explain to me how the hell is this proof of stake supposed to work when it can easily be counterfeited?
Because in Proof of stake, to fork a chain you need to brute force many private encryption keys thah represent a proof of having stake(money). Basicly Instead of strong computation for security(PoW) you use strong private keys that represent stake of money(PoS). I LOVE PoS, it is the future. But NxT is definetly not a future, even of it is not a scam it has flawed initial distribution and flawed mining. Mining with only transactions is flawed because you have unsolvable problem of either having too big transaction fees or not enough miners for network integrity. There absolutly must be another way of getting coins than only fees. Absolutely must! So how is this any different from someone setting up a Open Transaction server and issuing 999,999,999 coins? Is the only difference the marketing of the coin? There is absolutely NO difference. Whether you go it alone or with a few cohorts, all it takes is a handfull of bot puppets yapping their hype until the miners and bagholders begin lining up.
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Run the 'repairwallet' command... IF its available. Has anyone noticed the junk coin graveyard is growing ? Who could be behind all this copy n paste garbage ? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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I realy dont underestand why so many people still using the site..
They collect fees from customers and dont offer anything in return! (eg. a working site or customer support) Instead of dealing with their problems and bugs (they obviously have a lot), they are adding a new coin almost dayly. This clearly shows what they care about, profit!
This is pretty mutch the definition of SCAM...
In my Opinion they badly damaging the crypto community. I vote for scammer tag!
Also the poor excuses: lag, server overload, victom of own success... Please take a look at the cost for computing power, if you buy decent server hardware for lets say a month of cryptsys income.... you would handle that hand full of users without noticeable load!
The insider trader talk was simply disgusting at times. That is.. until 2-3 of us began to complain and basically had to spell out what insider trading was. Then theres the resident hobo, jumping on every noob that walks in the door, beggin and askin them for emails and skype id's. Verry phishy ?!
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Ok, I will mine further.
Wallet is working correctly, but I have around 20k unconfirmed grain. It's last payment before the fork. How can I fix this?
Try this.. HELP > DEBUG WINDOW > CONSOLE then type repairwallet. gl I take it everyone missed this ? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Oooh the ponzimanity of it all !! ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
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BIG and IMPORTANT CRYPTO'S (big market and important innovation)
-PPC PEERCoin- Original Proof Of Stake hybrid coin [innovative, low energy] -XNT Nxt- Not a clone, 100% new code, 100% PoS . -MSC mastercoin- Adds new functions to Bitcoin, operates on a bitcoin blockchain. -NMC Namecoin- Mined While mining BTC, used for alternative p2p domain system
MAJOR ALTERNATIVES (established, significant market)
-QRK Quark- Mixed hashing, Mined on CPU's. Extremally instamined. -PTS ProtoShares- Mined on CPU's, generates 10% premine on new relases. -MEC Megacoin- Well developed clone with good diff algo. 0 starting diff. GPU mined. -XPM PrimeCoin- mining PrimeCoin helps looking for prime numbers, instead of wasting energy. CPU-mined. -NVC NovaCoin- scrypt hashing[like LTC], proof of stake [like PPC] -WDC Worldcoin- LTC clone. 30s blocks. 0 starting diff. -FTC FeatherCoin- LTC clone with 4x more coins. starting diff 0 -DVC Devcoin- merged mined with BTC, 90% of generation goes to foundation, 10% to miners -ZET Zetacoin- BTC clone, ASIC-mined. -IFC infinitecoin- LTC clone with huge reward of 524288 and extreme fast reward drop.
The 'deck' is obviously stacked. Or dare I say... conflict of interest ? Or maybe this is the ponzi / premine 'best of' list... ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) NXT ? IFC ? QRK ? ZET ? GTFO ! lolz
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Lucky7coin seems hacked, all miners' mined coins become orphans, except maybe hacker's. Also the block time become a lot faster than designed, we have requested cryptsy to suspend the trading. We are investigating the cause of this abnormality.
Is muddafudda behind this coin ?
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I just puked on a plate and sold it to a noob for 0.00426 BTC. Its called HippiePukeCoin... wanna buy some ?
Get it now while the bile is still fresh ! :p
edit
Do not mistake my honesty for bitterness.. I'm just trying to warn people before this gets really out of hand.
Its not just DOGE... its 99% of all the junk out there.
Now please.. explain how the value of DOGE can be justified.
HPC tooo DAAA mooooon !! The price is now 0.23458 BTC because my first bag holder's bag sprung a leak and now I'm stuck with the cleaning bills. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Uber stinky !! Mega slimey !! No premine !! Fair launch !!
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I'll repeat...
You guys need to be ALOT clearer about the pool's setup and we deserve just compensation.
Last year, I had a few stints mining LTC and BTC with a P2P pool. We were always paid fairly.
Things have obviously changed.
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I have never seen this while solo'n DGC or any other alt.
Mystery blocks.. pseudo shares.. alternate addys ...
You guys need to be ALOT clearer about the pool's setup and we deserve just compensatoin.
Please shows where/when Hazard made this statement.
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My payouts are are a bit strange, maybe anyone knows what this means. Most blocks i get around 2 csc, then some blocks in between i only get 0.2. So it looks something like this:
incomming trans:
2.113145 2.113145 2.113145 0.211314 2.113145 0.211314
anyone knows?
Looks like CSC also has these mystery / hush hush keepin it on the down-low rip off blocks. I went through the same issues with DGC.
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Ok, I will mine further.
Wallet is working correctly, but I have around 20k unconfirmed grain. It's last payment before the fork. How can I fix this?
Try this.. HELP > DEBUG WINDOW > CONSOLE then type repairwallet. gl
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Could this be how muddafudda f'd COL and likely other coins ?
COL has been PoS only for months...
Are PoW coins vulnerable to this aswell ?
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Somebody has let the Grinch in and it is going to be a sad Christmas.
Look at the history of IFC if you dare.
Yop.. I'm still waiting for Project Infinite V2. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Is is me or does this thread sound like a bunch of bots chattin away ?!
How can you tell if it's a BOT? much A ton of spam :p and not much being said... Spam generally comes from Pool Mining Sites. But I think its very important to advertise good promotional idea's. New ways to get people interested in DOGEcoin is profitable. For-example: The Free DOGEcoin wallet greeting card: http://spelunk.in/2013/12/17/free-dogecoin-christmas-wallet-art/This is a great idea. The more idea's like this will lead to more opportunities. Their needs to be more discussions on how to achieve long term / increased value for DOGEcoin. This is beyond spam. lol Its the same hype and promise of great riches that has led many a bagholder to their crypto grave. There is NOTHING to justify the bloated value of DOGE. Those that buy it with fiat and/or BTC are fools asking for a bag. You cannot reach doge anymore, we are in the space going to the moon, all the bitterness cannot reach us, doge took off and has huge mainstream adoption, tl;dr soon anyone criticizing doge will look like a huge faggot ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I just puked on a plate and sold it to a noob for 0.00426 BTC. Its called HippiePukeCoin... wanna buy some ? Get it now while the bile is still fresh ! :p edit Do not mistake my honesty for bitterness.. I'm just trying to warn people before this gets really out of hand. Its not just DOGE... its 99% of all the junk out there. Now please.. explain how the value of DOGE can be justified. You should change that "SHowing Animals Respect and Kindness" thing. Doge is valuable because it's fun and people want it and doge is nice and wow. Having 1000 DOGE is more enticing than owning a fraction of a bitcoin. DOGE is not a sentient being. Its a copy n paste junk coin.
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Is is me or does this thread sound like a bunch of bots chattin away ?!
How can you tell if it's a BOT? much A ton of spam :p and not much being said... Spam generally comes from Pool Mining Sites. But I think its very important to advertise good promotional idea's. New ways to get people interested in DOGEcoin is profitable. For-example: The Free DOGEcoin wallet greeting card: http://spelunk.in/2013/12/17/free-dogecoin-christmas-wallet-art/This is a great idea. The more idea's like this will lead to more opportunities. Their needs to be more discussions on how to achieve long term / increased value for DOGEcoin. This is beyond spam. lol Its the same hype and promise of great riches that has led many a bagholder to their crypto grave. There is NOTHING to justify the bloated value of DOGE. Those that buy it with fiat and/or BTC are fools asking for a bag. You cannot reach doge anymore, we are in the space going to the moon, all the bitterness cannot reach us, doge took off and has huge mainstream adoption, tl;dr soon anyone criticizing doge will look like a huge faggot ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I just puked on a plate and sold it to a noob for 0.00426 BTC. Its called HippiePukeCoin... wanna buy some ? Get it now while the bile is still fresh ! :p edit Do not mistake my honesty for bitterness.. I'm just trying to warn people before this gets really out of hand. Its not just DOGE... its 99% of all the junk out there. Now please.. explain how the value of DOGE can be justified.
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Is is me or does this thread sound like a bunch of bots chattin away ?!
How can you tell if it's a BOT? much A ton of spam :p and not much being said... Spam generally comes from Pool Mining Sites. But I think its very important to advertise good promotional idea's. New ways to get people interested in DOGEcoin is profitable. For-example: The Free DOGEcoin wallet greeting card: http://spelunk.in/2013/12/17/free-dogecoin-christmas-wallet-art/This is a great idea. The more idea's like this will lead to more opportunities. Their needs to be more discussions on how to achieve long term / increased value for DOGEcoin. This is beyond spam. lol Its the same hype and promise of great riches that has led many a bagholder to their crypto grave. There is NOTHING to justify the bloated value of DOGE. Those that buy it with fiat and/or BTC are fools asking for a bag.
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Is is me or does this thread sound like a bunch of bots chattin away ?!
Would you like to come on my website? I have something to show you. Hio ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) If its my missing 2422 DOGE bet... IM DOWN. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Is is me or does this thread sound like a bunch of bots chattin away ?!
How can you tell if it's a BOT? much A ton of spam :p and not much being said...
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