Wow.. the level of FUD on this coin.. Do you shitposters have a stake in this or why are still you here?
Let's recap:
- The coin had a fair launch with a moderately long POW period.
- Original devs coded a not seen before block reward distribution that rewards early miners and late comers all the same.
- Code got a "perfect" review from earlz.
- Devs did some work on the wallet and coded other things like the Android stuff.
I have no idea why people hate ASN so much? Can anyone please enlighten me?
On the other hand I can completely understand why someone who put time and effort into it decides to walk away. Well done idiots, you didn't save anyone from a bad investment but did the exact opposite and created the situation we're in now.
No words..
This coin started off really great. The only problem with this coin is the amount of salty fudders sieging it from day 1. It would be nice if they would move the fuck on and throw their baseless accusations at other coins instead. |
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Why do you even bother with a thread when you don't provide any information whatsoever?
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This is infuriating. Whatever email provider I try a bunch of notifications never arrive.
Is there a Chrome extension or something that I can use to check for new threads?
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X** and asic friendly algos like scrypt are boring. There are so many interesting algos to choose from (qubit, nist5, jackpot, fresh, groestl, myr-gr, quark, luffa, m7, blake, keccak, heavy/hefty1, s3, spread, pluck, zr5, etc).
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I'll just leave this here:  |
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What? Most altcoins use x11.
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Come on, don't let a few fudders get to you. You're doing a great job.
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Considering a coin is worth 800sat at the moment, only 0.144 BTC worth of coins will be distributed each day. Not a very promising PoW.
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The point of the club is that if enough people joins, it creates scarcity which drives the price up. Same principle as DRK/DASH masternodes requiring 1000 coins. So if the price reaches 1800 sat from 300, that $1.65 would become $10 at the end of the first month which also means the initial investment that might have cost you 0.3 BTC could worth 1.8 BTC. And that's only one month. |
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So 5.5 million of coins were sold on ico and there's only 0.5 mil to mine.
I don't think it worths to mine...
I agree, seems that distribution of this coin is intended to be 90% on ico. And i got to say it had a success. The ICO could be considered a success solely because it sold out but I wouldn't say the distribution is ideal. The point of distribution is to actually distribute the coins to as wide of an audience as possible while an ICO selling out in a matter of hours pretty much means that only a handful of people owns all the coins. The point of having a mining phase (other than to secure the network) along with ICO/IPO/etc is to further help distribution. But mining for about 27 days for only ~8% of the total coins isn't going to change much of that. |
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We are getting ready to release our wallet and source, please keep in mind that the first 150 blocks WON'T give out any rewards.
Excellent, this is what I wanted to know (wallet release). Why doesn't mining begin until so late after the ICO ends (after the cooldown of CEX)? Wouldn't it be better to have that running in the short term? Maybe I missed something in that reasoning. I think they did not expect for the ICO to finish this fast. |
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Block time: 6 seconds
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I actually don't think we should cut the coin supply  . It wouldn't be fair to all people that comes later, if we got our coins so easy plus this coin never meant to be a get rich quick scheme. Quite the opposite, my thought was that if the miners produce a lot of coins then thay would be cheap so you dare to use them. And in time if the interest goes the diff goes up and the coin supply gets smaller. The supply is fine the production rate is the problem. 1 million coins are being distributed every day. The price can't keep up with that amount especially if the early adopters start capitulating one by one because they know their coins will worth less and less everyday. That goes for invetors, why would they invest if the value of a coin is expected to shrink? I don't think the price can be maintained with the current production rate and in that case what's the incentive to holding coins? The market cap is tiny, so I think even with a heavily cut production rate people who want can invest and own a significant amount of coins relatively cheaply. |
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I spent the last half an hour looking for and downloading all the different Asccension-qt.exe's I could get my hands on from different forums and none of them had a malicious payload as far as I could tell. Maybe someone at some point did a bait and switch and posted or quoted a wallet link pointing to his own malicious wallet only to later edit the post. I tried looking for that via google cache but didn't find anything. Only a mod could prove or deny that after going through all the posts and the changes that were made but I don't think that's going to happen.
Say what you want about Hippie but I personally don't think he would make all that up just to fud.
Instead of saying what you want to about Hippie why don't you go to his profile and read his posting history. It's page after page of baseless attacks on coins. Yes it's FUD. I didn't read his post history or his trust rating before (although I did now) my basis was just about his posts I happen to see here and there. Fud or not I think it's always best to investigate and come to a conclusion instead of ignoring it. With that said, since he was the only one reporting issues with the wallet I think it's safe to say that the official Ascension wallet is safe and now we can move on. |
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I spent the last half an hour looking for and downloading all the different Asccension-qt.exe's I could get my hands on from different forums and none of them had a malicious payload as far as I could tell. Maybe someone at some point did a bait and switch and posted or quoted a wallet link pointing to his own malicious wallet only to later edit the post. I tried looking for that via google cache but didn't find anything. Only a mod could prove or deny that after going through all the posts and the changes that were made but I don't think that's going to happen.
Say what you want about Hippie but I personally don't think he would make all that up just to fud.
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"AscendClub"
Regarding the AscendClub, I think it's a decent idea as long as new members can always join, however, I have to say I can't trust you user8x8, you said once that you're planning long term then you dumped because you got impatient. Now that you apparently own a significant amount of coins, if you were to get impationt again you could really hurt the price. Fair enough. AscendClub is not launched yet and I metioned that we can discuss it. Thats what we are doing. As for me hurting the price... I havent promised I will not do it. Thats a different topic. If you are scared of me dumping my 2m... Well. I dont even know what to recommend... Set a buy wall perhaps? I only said that I will pay from my own asn... And you are fine to not believe it. Perhaps some 3rd party can do an escrow? Extra hassle, but can be done... I'd say trust in crypto community is a rare thing... You dont even know who you are dealing with. You never met the person. You can only judge by actions. So far I did chainz block explorer, organized faucet and donated 10k, donated 9k to devs, asked fir icon competition and provided 35k bounty, raised tickets in poloniex,cryptsy and ccex, tried to move the price up and offered to do ascendclub. its lot of work you are putting in ..some of us appreciate it a lot  I appreciate it a lot too especially after reading the google doc. I just had to voice my concern is all. And my concern had nothing to do with trusting him with the payouts. My concern was more about what if he dumps again but now with 1-2 mil coins? But then again he'd lose a lot of value and the coin would bounce back eventually so it's fine. I'd be perfectly fine not using an esrow considering that it is extra hassle and the amounts in question don't really warrant it. I truly think this is a great idea and even if the price reaches 1k or 2k or whatever price when the early members start to cash out, that will just give opportunity for others to join the club. I wouldn't be surprised if more coins would start doing similar clubs. |
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I think it might be possible that I caused the fork since I threw some hash at the wallet when I saw the wallet reported there's still a PoW difficulty. No block rewards other than 1 block with 0.01 coins followed by a bunch of empty but accepted blocks. I'm not sure why a PoS coin still accepts work though. I resynced it from ground zero with the bootstrap and now it's synced but whatever I tried I couldn't see even one delegate connected on the network in the last few days and I still only have a maximum of 2 nodes connected. The block explorer and the rich list looks surprisingly good but otherwise the coin at this stage I think is a mess and the new thread was kind of premature.
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Estimated daily payout for an active node (blocks with MN payments last 24h: 98.18%): 0.8475 DASH/day (Last Refreshed: Wed Apr 01 2015 10:29:16 PM)
Current value of DASH based on coinmarketcap = $ 3.83. The oversimplified current ROI disregarding any other factors is 1179 days. But the masternode payments are still climbing and will do so until it reaches 60%: if(nHeight > 158000) ret += blockValue / 20; //25.0% - 2014-10-23
if(nHeight > 158000+((576*30)*1)) ret += blockValue / 20; //30.0% - 2014-11-23
if(nHeight > 158000+((576*30)*2)) ret += blockValue / 20; //35.0% - 2014-12-23
if(nHeight > 158000+((576*30)*3)) ret += blockValue / 40; //37.5% - 2015-01-23
if(nHeight > 158000+((576*30)*4)) ret += blockValue / 40; //40.0% - 2015-02-23
if(nHeight > 158000+((576*30)*5)) ret += blockValue / 40; //42.5% - 2015-03-23
if(nHeight > 158000+((576*30)*6)) ret += blockValue / 40; //45.0% - 2015-04-23
if(nHeight > 158000+((576*30)*7)) ret += blockValue / 40; //47.5% - 2015-05-23
if(nHeight > 158000+((576*30)*9)) ret += blockValue / 40; //50.0% - 2015-07-23
if(nHeight > 158000+((576*30)*11)) ret += blockValue / 40; //52.5% - 2015-09-23
if(nHeight > 158000+((576*30)*13)) ret += blockValue / 40; //55.0% - 2015-11-23
if(nHeight > 158000+((576*30)*15)) ret += blockValue / 40; //57.5% - 2016-01-23
if(nHeight > 158000+((576*30)*17)) ret += blockValue / 40; //60.0% - 2016-03-23
And if you believe the value of DASH will increase in the future then you'll hit ROI much, much faster. But of course anything can happen so it's best to do your own research and only invest what you can afford to lose. Regarding how to set it up, there are several guides if you search for it. |
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In short. Its finally happened peoples. lol I HAVE BEEN HACKED !  [...] How did you managed NOT to get hacked before if you haven't use 2FA, Sandboxie or VM? Anyone who don't launch random wallets in a controlled Sandboxie, VM or on a remote machine with a throwaway OS is pretty much asking for getting hacked. "AscendClub"
Regarding the AscendClub, I think it's a decent idea as long as new members can always join, however, I have to say I can't trust you user8x8, you said once that you're planning long term then you dumped because you got impatient. Now that you apparently own a significant amount of coins, if you were to get impationt again you could really hurt the price. |
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I read the last few pages, but I didn't see:
What hashrate does a Nvidia 750Ti card make on X11 with the latest miner/binaries?
With what settings, and possibly at what consumption (watts)?
Thank you
standard settings with stock clocks and 64 bit compile using sp's latest we get around 2840KH using x11 ... thats per card - gigabyte 750ti oc lp ... and they consume around the 60W mark per card ... #crysx For reference, I get 50W per card with TDP increased BIOS and +140 Mhz on the core on the same cards on gold PSU and hashing at 3166 kh/s. I always use 32 bit builds. 1 bottle of 40% thai whiskey costs 0,0088487 BTC
Suddenly, I want to go to Thailand. I'm afraid I might stay there though. |
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