the blockchain is the bank
Can you borrow from blockchain directly? |
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We can transmit BTC without banks or other money transmitters, that would save us money. We can save BTC in banks to earn interest and borrow money (BTC) from banks. BTC is not controlled by a central bank, that is the difference between BTC and fiat. |
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Im not a technical person, but if the 20MB blocksize proposal by Gavin is not a solution and would indeed bring more problems... then what is the solution? What we know for a fact is things cant go on the way they are now indefinitely.
The solution is merge mined altchains aswell as possibly sidechains and i have seen at least one more proposal from someone else which didn't get enough attention. There should be quite a few alternatives to bloating the blockchain like this. The side chain will also fill the disk space. The total number of transactions matter here. |
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Nervous awaiting;)Hope today the dev show us a little bit magic
He was online a few hour ago, but he said nothing. Has he made enough from this coin? |
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any bitcoin 'bank' is likely to end up being a scam .. like trendon shavers 'bitcoin savings and trust'
Those banks can also do mixing service. You save your BTC there for some time and take it out with interest and they are already mixed with other coins. |
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SG miner is the miner. You can go to nicehash.com to find the settings.
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If Gavin can convince 51% miners to change, then it will change.
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the whole point of bitcoin is that you don't need a bank! bitcoin enables you to be your own bank
Yes, but i dont really see bank as you do. For me bank is some place where i can save money and get interests for it. And when i need money i borrow it. And only this way OP question makes sense. For me bank is not a network with which i can pay my bills and where i have transferred my incomes. This network part is what Bitcoin is substituting. That is my thought. Bitcoin is like cash, blockchain enables it. |
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It is the price of the houses that is wrong. The idea to spend what you do not have is wrong but it has been brought upon us by the banks as a right, creditcards are an easy way to bind people to the banking system and building debt upon debt. DO NOT DO IT!! If you have a great idea, people can be convinced to lend you, invest in you. If you want to buy a house, save up, you can save up more in 30 years than you can pay off with interest on loans. If you start early you can buy your own house at the age of 30, the time before you could still live in your parents basement  I know it is hard to get the idea out of your head that you have the right to spend money you do not own using a credit card, but it makes you a slave to the banks. House price should be two years salary instead of 5. Without easy access to credit, the house price will drop significantly so that many people can afford that with a few years of savings. |
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Time for a community takeover?
No point. This is one of too many. |
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in my opinion, to bring really high this money should enable the POS !!
Then it will be the first ever cryptonote PoS coin. |
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Price about 0.0018, not looking so good.
Price is irrelevant. It has been here before. The import thing is that XMR is still being developed actively. |
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Is the CPU hashing speed of Credit similar to bitcoin CPU hashing rate?
Yeah, but it's not extremely viable to CPU mine against the GPU mines, unless you have a CPU farm or something along those lines  Is it possible to set the number of threads/cpu cores for mining? Which SSE instruction set is required? I have the G1610. What is the total hash rate at present? What is the speed for stock 280X? |
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As DRZ is PoS now, it costs very little to generate new coins. If there is no further developments, the price could go lower.
That is utter nonsense and complete fantasy  POS is 5%, which means if everyone was staking, it would only generate an extra 684 Driodz a day. That is not going to effect price. Except owners being tricked into thinking it does. So the low price is due to lack of development? |
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One question: why? Why you need any bank?
If you do not want to save money to earn interest and want to borrow money, you do not need a bank. |
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I think it's high time that btc-e dropped all those nonsense dinosaur coins and replace them with XMR. It just makes sense.
The longer they take to add Monero while keeping these shitcoin, worse are their perceived image overall IMO, Cryptsy e.g. has 0 trust from me now. These exchanges might not have the technical ability to add XMR. When Mintpal upgraded to V2.0, most bitcoin clone coins were stolen by the owner, but not the XMR as he did not figure out a way to do that. |
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Is the CPU hashing speed of Credit similar to bitcoin CPU hashing rate?
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As DRZ is PoS now, it costs very little to generate new coins. If there is no further developments, the price could go lower.
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the question is what's a bitcoin bank?
An established company who takes bitcoin deposits and makes money by giving bitcoin loans. The deposits must be "reasonably secure". That is my definition of a Bitcoin bank. I agree with that. A bank deals with deposits and loans is useful for the economy. |
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Well, in April and May every new GPU Alt coin flopped, except for two new cryptos.
The only 2 that have held their own (price wise) is Driodz and Cypher.
Why is this thread so quiet? The price is subdued, and there is not much development of the coin. |
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