|
"Not yet redeemed" means you haven't used them yet. Try clicking on Address Book, and go to Recieving Addresses. The Bitcoin client generates a new address everytime all your old ones are no longer clean.
|
|
|
|
|
Allow bitcoin through the firewall?
|
|
|
|
|
Also, what if you send all that $5 to yourself? That wouldn't prevent DDOS at all.
Example: Set up an IP, a.a.a.a. Get all your botnets to visit a.a.a.a, which doesn't respond at all (or responds using a fixed message that takes no processing time) 10000000 times, then visit facebook 9999 times. You still completed the DDOS, at no cost to yourself due to rounding.
|
|
|
|
When Deepbit gets >51%, the exact same thing can happen to bitcoin. People who get blocks solo will get killed eventually by the pool. Solution: STOP USING POOLS.
I think many times that pooled mining should be forbidden and each IP should also have it's hash power limited to something like 5 Mhash/s or some other reasonable number, to stop this attacks from happening and to give everybody a fair chance on mining. I know Satoshi didn't like when people started GPU mining, so he would like even less the power of the pools. It's a terrible waste of electricity to say the least. (sigh) Okay, that is not what I meant. I said that sarcastically, since I use a pool myself, but to remind people you can't have both an apple and an orange (that's not how the saying goes, but whatever). |
|
|
|
Oh and i forgot to add that he registered on the 14th of August.
That's a nice climb, from registration to moderator in 3 days.
Especially because moderators need to have given proof that they are sensible persons and not mix their own feelings with the forum moderation, and yet, even on this forum you never showed something like that.
Or he is Nasakioto or Nasakioto is a true moron who can't even manage a forum properly, much less create a viable competing blockchain/currency.
Some mods got promoted in 2 days, FYI. Nasakioto probably wants his forum to gain more wind first. |
|
|
|
I think everyone should put all their hashing power into i0coin! What a great idea!
I think this is the first coin since Bitcoin that could become a big success. It's supported by a big part of the community and has no "scam" rating. Might want to check the TWO I0Coin is a SCAM topics.  |
|
|
|
There is a lot of fishy stuff about this launch. It came out 75 minutes later than expected and its possible that others were mining on the new block chain before it was posted to the forum. It also came with missing DLLs files
for the Windows install and it didn't run in server mode by default meaning that many solo miners may have lost a lot of blocks. Of course there was a lot of rush to mine this new block chain but many people not realising they required to server switch and still seeing zero balance took to the mining pools despite the very low difficulty. The mining pools really made the situation much worse as all the hashing power was now centralized mainly at BTCguild.
Anyone with a direct low latency connection to BTCGuild would have easily mined a lot blocks and causing other miners blocks to be rejected or marked as stales. Many miners big and small alike found that they efforts to mine this new blockchain were futile. I call for a royal commission and thorough investigation into the I0Coin fiasco. We need to look at the block chain data and see compare time stamps. We also need to investigate the many lost blocks and coins and enumerate exactly who most of the winning blocks went to.
The pools unfortunately have to much power and are defeating the purpose of p2p currency.
When Deepbit gets >51%, the exact same thing can happen to bitcoin. People who get blocks solo will get killed eventually by the pool. Solution: STOP USING POOLS. |
|
|
|
|
That's fair game now, isn't it? Can't be complaining about it when you had the oppertunity as well (unlike IxCoin).
|
|
|
|
|
Although there is more than 100% improvement over Bitcoinplus, there are still many, MANY, problems with the idea. Bitcoin-plus is ridiculously slow compared to other client even CPU miners. Your CPU is not any worse than mine (probably, since I have 2.1GHz clock speed) and the speed at bitcoinplus is ridiculous:
Google Chrome: 0.58 MHz
Bitcoin Helper: 1.33 MHz
Ufasoft CPU Miner: 4.77 MHz
One GPU: >200 MHz
|
|
|
|
So basically a few hundred thousand initial I0coins go to one guy. Sounds familiar...
48 * 15 = 720, not a few hundred thousand. |
|
|
|
Interesting - the infrastructure can't handle a wide public announcement until the difficulty is high enough to prevent all the blockchain forking.
Solution is to set the starting difficulty high enough to prevent early adopters from making easy fortunes, but low enough to not be a barrier to entry.
I wonder what the magic number is.
I'd say probably at least 100K. That would take an average of about 7 minutes or so for 1TH to generate each block. Whoa there, remember I0Coin adjusts difficulty for every 5 minutes. A difficulty of 1 is fine, you'd solo just as much or even more because everyone else is in your situation. |
|
|
|
The difficulty is too low!
Will not find many blocks until diff of 3.
If only the same would be said by Bitcoin miners  . |
|
|
|
|
Maybe someone else can fork it and make a new genesis block? I liked the concept behind it.
|
|
|
|
Is anybody hashing away solo?
Only on the "testnet", unfortunately. |
|
|
|
|
If it is a big con, its thread probably broke the record for most posts in 5 minutes on this forum.
|
|
|
|
He has to do it manually, give him time guys . |
|
|
|
|
Why exactly are alternate block-chains worthless? That's like saying Mac and Linux are no improvement over Windows (false, firstly, they may not be an improvement but they have different featuresets), so everyone should just use Windows. Competition makes the bitcoin devs work faster (wallet encryption is in I0coin!), producing better blockchains for all.
A similar question might be why you use bitcoin when it's a subset of namecoin: namecoin does everything it does and more, so why do you still mine bitcoins?
|
|
|
|
|
Yes. AFAIK, I0coins are generated 48 coins per block, maturing by 2015 like IXcoin but with a shorter block time of 5 minutes.
|
|
|
|
Any pyramid or ponzi scheme will have a negative expected return on the investment for the majority of investors*.
*Victims (or suckers) are perhaps more appropriate words.
For the majority of investments any pyramid or ponzi scheme with less than 2x payout will have a positive actual return though. Expected or actual, you choose. |
|
|
|
Hey, that one's mine!  I like the pyramids better than random number generators since there is some skill involved in guessing how people will behave. Human nature being as unpredictable as it is, however... Aren't the RNGs more pyramid like than the bitcoinduit ones, which IMO are more like Ponzi schemes (you get payed with other investor's money rather than referal based towers)? |
|
|
|
|
Show Posts
