Its funny because he keeps saying PWC is worth nothing when it over double the profitability of BTB (his beloved scamcoin).
It is fact that he is cognitively challenged. I have ignored him for this very reason. I suggest everyone does the same, what a moron.
Um, you do realise that the total buy/sell volume for Powercoin is less than 5 BTC  Yes it's technically "profitable" at these rates, but the volume has left, and no one is really buying... |
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Well, good luck with your coin, going to stick with WDC and FRC for now, but all the best.
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7 left |
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+1 .why did the chicken cross the road ? Because Powercoin Sucks !!!! PWC FailCoin OK I know your having your fun, but really. "Bitbar is great, you should use it! What? You don't like it? Well your f******g retarded!" Not exactly how you win people over |
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I don't know.. but I'm very happy with WDC being on mcxnow.com already so I don't really care if btc-e adds it  Same here Great to see that this is going well  Hoping for the best with this coin! |
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How do you not add Freicoin into this >.>
this is very much a work in progress. i'm adding it next ... edit: does anyone have a link to an official bitcointalk on freicoin? I haven't found one thus, just one on the crowdfunding and some other pre-release work. Not sure if they have one, just link to their homepage/coin fourm |
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Coins which have actually tried something fundamentally new and novel, for better or worse. In order of their introduction.Coins which use a novel POW:Bitcoin -- 1/3/09 -- SHA256 originator Tenebrix -- 9/26/11 -- Scrypt originator. Was premined and thus died off. Don't premine. Litecoin -- 10/9/11 -- Scrypt Gold standard for scrypt coins as Tenebrix was preminedPPCoin -- 8/19/12 Hybrid proof-of-work/proof-of-stake Distributed p2p domain system:Namecoin Coin redistribution to open source projects and developersDevcoin -- 8/5/11 -- Redistributes 90% of block rewards to open source projects chosen by the developers of Devcoin(?) Coins which have used ascending rewards to mitigate premining/early mining of the network:Nibble -- 5/18/13 Digicoin -- 5/18/13 Bad Coins that were premined, but otherwise worthy of noteGeistGeld, Lolcust premined 7.7M(?) Tenebrix, Lolcust premined 7.7M(?) Multiple coins launched with a feature nearly concurrently are listed with their approximate dates How do you not add Freicoin into this >.> |
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Can any GPU farms or ASICs jump on our network for today to help this final push to reach our block goal? There's a prize up for grabs and a good chunk of FRC. i think i will tonight props to you if you do |
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Yes I like the two also. WDC is going well despite some early dump in the exchange. It is normal for all coins, people will take some profits. But I think it is to stay, with faster transaction if it finds more acceptance, it will be great.
JKC is turning around slowly, with new leader and new logo, it looks great. Also with low diff at this time, it will really take off with more adoptions.
I really think all of these developers should sit down and talk, they really could do some good working together on a single coin vs all of these competing coins. In no way saying that coin must be worldcoin btw, any would do. |
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i think that less tahn 2 mins is a bad proposition.
Only thing is less than 2 minutes is what we need for these things to be viable :\ It's a battle between security and usefulness |
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Might help market if people were to upload pics, but hey, it's a start right  Better than nothing Although I'm going to wait until this small price flux ends |
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For all cryptocurrencies based off the Bitcoin protocol, the block time needs to be chosen carefully in order to guarantee that nearly every node in the distributed network maintains the same view of the blockchain. The block time needs to be, at the very least, several times larger than the maximum end-to-end propagation delay across the distributed network. Choosing a very short block time demonstrates a lack of understanding of this requirement. If you make block times very short, then nodes will generate blocks faster than it would take for notifications to reach nodes on the opposite end of the distributed network. This will cause nodes within the distributed network to have inconsistent views of the blockchain. What does this mean? 1) Lots of orphans. 2) Very long orphan blockchains. 3) Significantly reduced security for the network. Earlier today, one of the WorldCoin mining pools ( http://wdc.dontmine.me) was on an orphan blockchain for more than 300 blocks. That would never happen for any competently designed coin. Altcoins with very short block times have no real future. Once they reach a certain critical mass, they will inherently self-destruct due to the large percentage of inconsistency within the distributed network. Imagine the blockchain accidentally forking into two separate blockchains. With very short block times, that's a real possibility. Or imagine having a transaction confirmed, only to realize hours later that the transaction was confirmed in an orphan blockchain and needs to be rolled back and reconfirmed. No one would realistically support such an altcoin. If you're going to release an altcoin, do the community a favor and at least release something that appears competently designed. One small issue, BTC/LTC are too slow. As long as that remains a reality, we're going to have to at least experiment with lower block times :\ The only way to realistically lower the block times is to restructure the blockchain and the protocol for the distributed network. You can't simply copy the Bitcoin protocol and paste in arbitrarily small block times, the Bitcoin protocol wasn't designed for that. That I am aware of, but hey, all of these coins are technically "experiments", so there's always time and room to do just that. Gotta start somewhere |
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I'm just waiting for all of these flash miners to leave, wait out the slowdown, and see what happens. While this coin isn't perfect, I REALLY DON'T WANT TO WAIT FOR CONFIRMS ANYMORE. ( BTC  ) |
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For all cryptocurrencies based off the Bitcoin protocol, the block time needs to be chosen carefully in order to guarantee that nearly every node in the distributed network maintains the same view of the blockchain. The block time needs to be, at the very least, several times larger than the maximum end-to-end propagation delay across the distributed network. Choosing a very short block time demonstrates a lack of understanding of this requirement. If you make block times very short, then nodes will generate blocks faster than it would take for notifications to reach nodes on the opposite end of the distributed network. This will cause nodes within the distributed network to have inconsistent views of the blockchain. What does this mean? 1) Lots of orphans. 2) Very long orphan blockchains. 3) Significantly reduced security for the network. Earlier today, one of the WorldCoin mining pools ( http://wdc.dontmine.me) was on an orphan blockchain for more than 300 blocks. That would never happen for any competently designed coin. Altcoins with very short block times have no real future. Once they reach a certain critical mass, they will inherently self-destruct due to the large percentage of inconsistency within the distributed network. Imagine the blockchain accidentally forking into two separate blockchains. With very short block times, that's a real possibility. Or imagine having a transaction confirmed, only to realize hours later that the transaction was confirmed in an orphan blockchain and needs to be rolled back and reconfirmed. No one would realistically support such an altcoin. If you're going to release an altcoin, do the community a favor and at least release something that appears competently designed. One small issue, BTC/LTC are too slow. As long as that remains a reality, we're going to have to at least experiment with lower block times :\ |
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exactly that's what I'm afraid of...
I think that's when the idiots will stop selling, and the price can go up. It's mind boggling that WorldCoin has a price to coins like FC and CNC, there is something seriously fishy going on with the market. Maybe some big players are buying it up cheap for a big pump who. Yeah, it doesn't make sense that the most popular coin right now that's nearing 4 GH/s (with no premine and smaller block rewards) is cheaper than CNC which has been completely dead for weeks and has no miners left. IDK about you, but I'l just going to buy more of it now while it's inexpensive. I'm honestly sick of waiting for BTC transactions and I want this coin to succeed. |
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Already 20,000 blocks. Premined garbage.
Um...It seems that this is intended to be used exclusively with their website...so, yeah. Makes sense |
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I see no reason not too, More interest in the coin |
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Really crazy to see how much Worldcoin is eating into the Litecoin Hashrate...Down to 16.3 GHs
Which is going to kill the coin unless value keeps going up to maintain its position as profit leader. What will happen is there will be an enormous amount of hash power on it that suddenly leaves when profitability falls below BTC. At that point, WorldCoin loses its instant transactions bullet point for weeks because the difficulty on it doesn't retarget fast enough. Too bad the devs didn't take this into consideration... They did, 8 hour difficulty re-target. If hash drops off drastically, say from 2gh/s to 200mh/s it will only take a day or 2 at most to retarget instead of 50 days for chinacoin. Should be much faster though, that's kind of unacceptable if the coin is going to be used for actual transactions where time is of the essence. It all seems half-baked to me. Well, keep in mind this really only happens in the early days of the coin. For example, Litecoin would die if the hash rate fell to 10% of it's current rate, but is anyone concerned about that? Nope. I have a feeling that if it does happen, people will just end up rejoining with confidence when the coin is back around the top a few days later |
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2-3block/day going it's okay, the switch is inevitable and after that frc will be, imo, higher profitability to mine over anything else. Aside from Worldcoin It's kind of dominating atm. But this should help the coin out a LOT |
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They did, 8 hour difficulty re-target. If hash drops off drastically, say from 2gh/s to 200mh/s it will only take a day or 2 at most to retarget instead of 50 days for chinacoin.
Said it for me. Plus, even if transactions suddenly become 10 times slower the coin will still be as fast as litecoin. And all of this is just leaps and bounds faster than bitcoin. Ding Ding Ding. This coins a winner! I know all of you are fazed with this alt coin madness ( May Madness ), but I really think Worldcoin's a winner. They've taken into consideration all of the flaws that have been pointed out these past few weeks, and incorporated most of them into the design. This could seriously shake the market if it holds |
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