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Okay I have used blockhash RPC to get hashes to put into the checkpoints.cpp file and pushed it again to my github repo.
And made a new tarball for my sourceforge files-download page.
-MarkM-
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Take a look at the checkpoints in bitcoin, devcoin, groupcoin and so on.
There are more leading zeros as the block number grow, because checkpoints are the difficulty hash.
Possibly though someone hacked the code to use a different hash in BBQcoin for some reason?
EDIT: Looking at litecoin, though, its checkpoints do not have more and more leading zeroes. So maybe litecoin hacked up the checkpoint system and BBQcoin inherited the hack from litecoin.
-MarkM-
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It is easy to throw around many more transactions than usual though, and maybe some people figure the more they put out there the more of a block increase they will end up causing. If everyone who wants larger blocks starts moving coins between wallets all day they can get themselves a bunch of mixing done plus maybe help their lobbying efforts.
Any manipulable decision-making system is liable to being manipulated.
-MarkM-
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So what? Litecoin isn't going anywhere, heck nor even is BBQcoin. So the hedge funds don't pick them to manipulate, and their users only become millionaires instead of billionaires, aw shucks too bad... actually not *too* bad at all...
-MarkM-
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People can buy XRP using proof of work based coins, including bitcoins. So those who want to spend proof of work to obtain them are free to do so. The problem is that you advocating proof of work along side central distribution of XRP, while I am advocating proof of work in lieu of central distribution. No, remember I also said once we get the source code we can make a fork, divide all the RIpples evenly between all the people who claim to have thought of a more fair distribution method, and let them all apply their method to their share. -MarkM- |
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The masses love it when someone becomes a billionaire like that, Bill Gates, the Facebook guy, they will love elevating the Ripple guys the same way. They aren't going to care about a bunch of frustrated free software geeks. They could probably give you a head start and still win the masses, just because they have a corporation... That the corporation will become rich just makes it even better, maybe the masses will even be eagerly awaiting an I.P.O. they imagine will make them rich too.
-MarkM-
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Once the rippled source code is avaliable this could be an interesting fork to try, if enough bounty is available to motivate coders to code it.
-MarkM-
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There is simply no need for anyone to ever waste anything to acquire them. After all the XRPs are given away, how will new users acquire them? They will have to buy them. That means they had to forgo consumption of something else in order to get XRPs. This is no different than the energy consumed for mining; They had to forgo the consumption that the energy could have allowed, in order to create XRPs. The only difference is that the respective electric company was the counterparty instead of OpenCoin. But anyway the definition of "fair" and "wasteful" is going to be rather subjective and really there's no way for someone who works for the company that owns all the currency to answer in an objective fashion. People can buy XRP using proof of work based coins, including bitcoins. So those who want to spend proof of work to obtain them are free to do so. -MarkM- |
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It should not get stuck on checkpoints, I think that idea might be mostly superstition. If someone mines hard to drive the difficulty up I do not know if it has fast adapting like DeVCoin and GRouPcoin or will get stuck at high difficulty a long time like NaMeCoin did way back when. I think though that litecoin did improve adapting speed at least slightly, else it would be getting stuck at high difficulty each time all the miners go back to bitcoin after heavily mining litecoin during moments when it is momentarliy looking more profitable to mine than bitcoin. As a largely-ignored coin everyone mining it might be better off to mine no harder than necessary for however many months they can instead of rushing into a period where most of them can't really get any coin as difficulty is way high. For a long time the main attraction of BBQcoin, GRouPcoin, CoiLedCoin and I0Coin has been they are so ignored you can quietly mine at low difficulty month after month slowly building up a nice stash. BBQcoin are relatively valuable right now because only people who care about them have them thus might be less inclined to dump them. Once heavy mining happens it will mostly by people looking to dump them, they might make an exchange too, or maybe our not making an exchange will cause them to ignore it longer - if so the longer we can hum away at low difficulty with no exchange the better! Once it has gone through a subsidy halving, or even a few of them, will be plenty time to think about making an exchange to see what they might be worth by then.  -MarkM- |
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Yes. That is why I do not issue tokens reprsenting any "hot wallet" coins, only "cold wallet" coins.
In effect I operate two separate operations, one that issues tokens representing coins in a cold wallet, another that buy and sells such tokens.
Basically it amounts to maintaining a higher than 100% reserve.
-MarkM-
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IXCoin can also be merged-mined and also still have a public, web-based exchange, is there some reason for leaving them off the list?
-MarkM-
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Isn't Ripple a pretty good platform for "p2p exchange" ?
What is RIpple lacking that "a p2p exchange" would feature?
-MarkM-
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The same thing you can do with gold if the price of gold goes to 0.
Gild baby-slippers? I don't think so... -MarkM- |
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Maybe the high volume of fast transactions folk should be looking to litecoin, not bitcoin.
Litecoin already has four times as much blockchain space for transactions per ten minute period, and it has faster confirmation too. It might also be more open to hard forks.
term store of value folk can stick with bitcoin, and litecoin can be used more for the kind of stuff it was intended for.
Win-win. Well except for me, as I didn't get to stockpile millions of litecoins. But apart from that it sounds good.
-MarkM-
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Are any other coins working?
If not maybe you simply have a firewall activated or something like that.
My Ixcoin daemon has 7 connections right now so there are definitely people still out there running it.
-MarkM-
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How/where can you look up the age of a gmail or yahoo or hotmail etc account?
-MarkM-
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I wonder if it means MtGox is going to sell people's identity information to Coinlab.
-MarkM-
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Yeah but maybe we could at least get 100 or 1000 or whatever people who complain that the current system is not fair, give them each 1/100 or 1/1000 of all the Ripples in the new fairer one, and they can each distribute their portion in accordance with their proposed fairer method, so at least the fraction they get can be done fairly in accordance with their idea of what is fair.
There'd be lead-time, anyone who really thinks the current system is unfair could make sure to get onto the list of people who will be "fairly" doling out the new system's Ripples. Each of the proposed fairer systems would each have an equal fraction of the total to give out, though maybe they still might claim an equal share is not a fair share I suppose...
-MarkM-
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The source code will supposedly become available at some point.
Maybe by that time we should have a distribution list or something ready so we can immediately make a new RIpple network, immediately distributing all of its Ripples "equitably" ?
-MarkM-
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Shorting Freicoin. -MarkM- |
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