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I agree, there are still some intellectual voices on bitcointalk...
However... the ability to copy/paste decent technology has harmed this industry in more ways than most will ever realise. At this point I find mimblewimble a sheer godsend.. I am still in this for the same reason i got into it in 2009.. I want my finances to be my own private affair and I want to be able to dictate what I pay, when i pay it, not be told what I can afford to pay, when someone else decides i am able.
Too many people have come into this space thinking that crypto is a get-rich-quick scheme. And I have watched many fall over the years with the same advice that I have to give:
find a project with original tech, and stick with it to the bitter end, regardless of other projects price pumps and 'moonboi' advice.
I want to be able to spend my crypto, not watch charts all day long.
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Why, was it the first exchange to be hacked? use bisq. AQUA is on BISQ. Hmmm. Installed BISQ but I can't see Aqua there... i'm pretty sure it was the first exchange that AQUA was listed on |
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As i see there are was not pre-mine according information on their site? But how many tokens in circulating right nowand how many will be max supply?
https://explorer.beam.mw |
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Why, was it the first exchange to be hacked? use bisq. AQUA is on BISQ. |
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Here is my take on the Beam founders reward, initially as a neutral miner - I took all of the following points into consideration when i decided to start mining Beam. For simplicities sake, lets call it 'the fund'
The fund is not a perpetual tax, it is a block reward which accumulates from miners rewards and is dispensed on a quarterly basis for the first 5 years only. When considering this, I weighed the difference between this method and if it had been taken as a perpetual 'fawcet' from each block directly into the treasury fund.
The method used is preferable due to the fact that these funds (once every 3 months) will need to be utilised by the company for the entire three months until the next fund emission occurs. This means that the company will not just 'dump' those coins in one large selloff, once each 3 months... they will need to keep a float to stay in business and this is the float they have decided to use.
As startup companies always require capital to cover running costs... the fact this business is not a consumer product produced by the company, and that it is an open-source cryptocurrency freely available to mine by anyone with GPU mining rigs, makes it all the more difficult for the company to ensure ongoing funding. They too can mine Beam, but they also pay the same amount as an average of mining costs if they do so. It's fair game.
The fund is there to pay for continuing evolution of the mimblewimble protocol and the 'growing up' of Beam as a cryptocurrency and a store of value asset.
Nobody is going to hold your hand or push you to mine Beam, that is your choice entirely and the things i mention above with regards to the fund, to me, are decent methods of keeping a float for the running of the business. I am looking to invest in mining an asset with a long-term value. I appreciate that the fund will be spent to cover costs, and i wholly value the work that the developers are doing, as well as commitment to the roadmap which has been published.
I am keen to debate these points with anyone who wishes to share their own views on the matter, but please refrain from posting links to other projects, in this thread.
I am indeed, still looking for some kind of adult discussion on this matter if anyone can bring themselves to it... |
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well the noobs have proved their lack of insight and heavily opinionated views here tonight. I offered a valued discussion and all I get is statements without substance and lack of reasoning. this forum has indeed: gone to shit.  |
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I am afraid you are going to have to back up such statements
isn't that self evident? it creates a destructive incentive. No, it's not self-evident and it does not create a destructive incentive. Some would say that a coin like ETH with unlimited supply has a destructive incentive, although in truth, it has been adopted en-mass and utilised in ways that would never have been expected a few years ago. Therefore you continue to make statements and continue to fail with the use of the term... "Because..." "It creates a destructive incentive because...." how does it create a destructive incentive, by what methods and to what ends? |
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lets call it 'the fund'
the fund will not contribute to beams success but to it's downfall. I am afraid you are going to have to back up such statements with your foresight and reasoning. Please don't make yourself look like a child, hating on another child because they have better toys than you. i'm open to your insight, how exactly will "the fund will not contribute to beams success but to it's downfall."? |
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Here is my take on the Beam founders reward, initially as a neutral miner - I took all of the following points into consideration when i decided to start mining Beam. For simplicities sake, lets call it 'the fund'
The fund is not a perpetual tax, it is a block reward which accumulates from miners rewards and is dispensed on a quarterly basis for the first 5 years only. When considering this, I weighed the difference between this method and if it had been taken as a perpetual 'fawcet' from each block directly into the treasury fund.
The method used is preferable due to the fact that these funds (once every 3 months) will need to be utilised by the company for the entire three months until the next fund emission occurs. This means that the company will not just 'dump' those coins in one large selloff, once each 3 months... they will need to keep a float to stay in business and this is the float they have decided to use.
As startup companies always require capital to cover running costs... the fact this business is not a consumer product produced by the company, and that it is an open-source cryptocurrency freely available to mine by anyone with GPU mining rigs, makes it all the more difficult for the company to ensure ongoing funding. They too can mine Beam, but they also pay the same amount as an average of mining costs if they do so. It's fair game.
The fund is there to pay for continuing evolution of the mimblewimble protocol and the 'growing up' of Beam as a cryptocurrency and a store of value asset.
Nobody is going to hold your hand or push you to mine Beam, that is your choice entirely and the things i mention above with regards to the fund, to me, are decent methods of keeping a float for the running of the business. I am looking to invest in mining an asset with a long-term value. I appreciate that the fund will be spent to cover costs, and i wholly value the work that the developers are doing, as well as commitment to the roadmap which has been published.
I am keen to debate these points with anyone who wishes to share their own views on the matter, but please refrain from posting links to other projects, in this thread.
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Talking
you posted a link to a copy/paste coin. I asked the admin to remove it. this is not the thread to discuss your clonecoin. |
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Delightfully happy today. Network beginning to settle down a bit from the launch and coins are becoming a little easier to mine. it's been a great launch with the team working tirelessly to assist users and fix minor bugs. If you are having problems with your wallet or anything else Beam related, please feel free to pop into either the discord support channel: https://discord.gg/XZK27nNOr the Telegram Support channel: https://t.me/BeamSupportplease note - these channels are dedicated to community support, so please keep posts in these strictly to support requests.We have many other chat channels to air opinions and discuss other parts of the Beam journey. Thanks for being a part of this ! |
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So....
Looks like you already made your mind up. good luck with the fork coin. I wish you well. |
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Is there a Dev Fee for the OpenCL amd beam miner?
no. LolMiner and Gminer both have dev fees. Lolminer is 1% and Gminer is 2% you pay the premium for better miner software and the dev fees are well worth it for the hashrate you will get with these miners. You should be using lolMiner 7a4 for AMD cards. hope this helps. Thank you for the info. I've attempted to use Lolminer to no avail. For some reason windows continues to close the miner, likely due to windows thinking its a virus. I have windows defender completely disable thru the registry, so I can't figure out how smartscreen is still closing Lolminer. I had it running for 2-3 minutes then windows just shuts it down and will not let it open again. I'm currently using Bminer but the hash rate is significantly slower than Lolminer. OpenCL and Bminer and Gminer are comparable with hash rates so if OpenCl doesn't have dev fee, I might just use that miner. Thanks again. which cards are you mining with? 4 Rx580 8gb, 3 Rx580 4gb, 3 Rx570 8gb and 2 Rx560 4gb there is every chance your cards have become a bit "set in their ways" i had similar issues when i tried to move a couple rigs off ETH. the little blighters weren't having it. I had to downclock all cards, pump up the voltage and run them for a while before amending the settings to something that was mineable. I have heard, leaving them powered down for 24hrs sometimes helps too.. and it is exclusively ATI cards that do this. either that or yes, it's just winwoes being a dick. go kidnap a penguin. |
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Is there a Dev Fee for the OpenCL amd beam miner?
no. LolMiner and Gminer both have dev fees. Lolminer is 1% and Gminer is 2% you pay the premium for better miner software and the dev fees are well worth it for the hashrate you will get with these miners. You should be using lolMiner 7a4 for AMD cards. hope this helps. Thank you for the info. I've attempted to use Lolminer to no avail. For some reason windows continues to close the miner, likely due to windows thinking its a virus. I have windows defender completely disable thru the registry, so I can't figure out how smartscreen is still closing Lolminer. I had it running for 2-3 minutes then windows just shuts it down and will not let it open again. I'm currently using Bminer but the hash rate is significantly slower than Lolminer. OpenCL and Bminer and Gminer are comparable with hash rates so if OpenCl doesn't have dev fee, I might just use that miner. Thanks again. which cards are you mining with? |
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I saw in the updated roadmap for 2019 that during the first quarter, the hash algorithm adjustment will be made.
So, in short, which algorithm that the XDAG team chose for XDAG yet?
DNET. |
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Is there a Dev Fee for the OpenCL amd beam miner?
no. LolMiner and Gminer both have dev fees. Lolminer is 1% and Gminer is 2% you pay the premium for better miner software and the dev fees are well worth it for the hashrate you will get with these miners. You should be using lolMiner 7a4 for AMD cards. hope this helps. |
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Syncing with blockchain?
More than 24 hours
try close wallet, delete node.db, restart wallet and rescan on local node. should work.. if not, jump in the discord channel and i'll look further for you. |
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...is out there, but it's all over the place...
this was my experience with Grin. all over the place, half baked and no real focus on it's correct processes. however. i do think there will be great success with Grin, it will just take a bit of hard work on the developers parts. good luck. |
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we need a new exchange for the coin safetrade no longer supports aqua  They told me it's a matter of time. They're recovering from a hack. But yes, more exchanges, the better. We have bisq, even with its super-low volume. More exchanges are essential for arbitration. This was always an issue. You will find a lot of exchanges will list a good tech coin for free.. you just have to try harder. |
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