until the levels of support fall one after another as if the walls of a fortress which. besiege the barbarians. only changes in the mood of the holders of the tokens can change something. because we all understand that there are almost no buyers in this market now.
Why do you say there are almost no buyer? BTX has a great future. Well in mid december total market cap was almost 1 trillion $ and now 200b, so I agree that there are no buyers. I have feeling that exchanges bots are doing most of the trade now. ...and all those who have bought something high now they have finished their money and cannot buy low too - the can just hodl. Other People are waiting for a sign of reversal to start buying again. I completely agree. Many non-financially oriented people (as me) were drawn to crypto just for it's technical side (mining). Spent their money on mining equipment and now have a bitter taste in their mouth. |
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I hope Bitcore manages to keep a stable price because the investors confidence will be damaged with all these fluctuations.
That’s a ridiculous request, you’re asking for insider manipulation. Look at the top 20 coins, they’re all down 80%+. This is the volatility we have to get used to until we go mainstream. well, BTX is down 90+%, because of the airdrops of course. Since the price falled so hard, everything seems to go slow-mo... no excited people around to keep the excitemend going  Do you think keeping something constantly in "excited state" is possible? |
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Some people approached us with the idea of airdrops. We are against it - or at least against the concept shared on Wikipedia saying "A cryptocurrency Airdrop is a distribution of a cryptocurrency token or coin, usually for free, to a large number of wallet addresses, and primarily implemented as a way of gaining attention and new followers resulting in a larger user-base and a wider disbursement of coins. ". The usually for free part is what we disagree with. It's so easy to start treating a coin as if it was worthless and start giving it away for free. We had no ICO and we are against using any airdrops for Webchain. It's simply too valuable in our eyes to give it away just like that. (small, limited competitions to win some WEB are planned by our marketing team though) We think to give some coin a value, we cannot give it away for free in bulk. So, to get some WEB you have to work on it. No free WEB out there for anyone! That sounds fair. Now do we keep the *CPU only* as your signature says, or we use switch to GPUs for work? |
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@whotheff answers to your questions:
1. The jsecoin.com domain is currently a single point of failure. All the publisher traffic goes through it and it's used for the platform miners as well, all be it a subdomain and separate nodes. The vast majority of traffic goes through the Google load balancer that handles that domain name and then splits it off in different directions. If the website died then this wouldn't affect the publisher or platform system because they are separate. If that domain got hacked/stolen etc. then we would have to either figure out how to get it back or register a new domain and rebrand or something along those lines. It wouldn't be a good scenario. We will always need a point of discovery for the network, to mitigate risk however at a later stage it would be beneficial to divide this into multiple access points around the globe, perhaps even owned and managed by partners.
2. If you believe that Ethereum is real decentralzation or decentralized enough to meet your criteria then we will be fully integrating the ERC20 functionality in October so users can hold tokens in 3rd party wallets on Ethereums blockchain, transfer between wallets, deposit/withdraw to and from the platform. With the JSE network we need more volume before we open up the client-side consensus (end goal). We currently have around 20,000 concurrent active connections at any one time which wouldn't be enough to prevent a 51% attack from a large bot net. We could use the interim solution at any point which is actually coded and ready to go. Currently the nodes use trusted ECDSA signatures to prevent attacks but we could turn this off by changing one variable in the code base which would enable a standard consensus system using the node servers. We would need some incentive to 3rd parties to run the nodes and at enough scale to prevent abuse, PoS or something like that. Ideally I'd like to see the network get a huge influx of publisher traffic when we list on exchange and tokens become tradeable and hold a USD value. Then we can start work on rolling out the webRTC network in stages. It'll be a slow process and something we need to do lots of testing with. We have already run tests it in a local environment but this is very different to a real world scenario where funds are at stake. The client-side consensus algorithm will be up and running securely throughout the network in 2019, exact date I wouldn't like to say until we are closer to a finished product.
Thanks for the thorough reply! When I try to question a coin's fundamentals, they usualy delete my post. While with JSEcoin, I even get a detailed explanation! Which is why I'm certain I did the right choice with you guys! |
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I'ts interesting to hear what were/are the chalanges for the team! I have a question: 1. What happens if JSEcoin's website dies/attacked/stolen, etc? 2. When are you planning real decentralization and coin owning? |
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Hi Team, are you planning to switch to GPU mining?
No, we aren't. It's against the main goals of the project. Keep in mind that Webchain Network was designed to allow CPU users to enjoy the profitability of a cryptocurrency where GPU mining is not more profitable than CPU mining and where ASICs are not allowed. I invite you to have a look at our whitepaper. I've been CPU mining since the very begining. My hashrate is modest, only 140h/s. ---------------------- See the above posts for working GPU miners, now see the Network hashrate bump from 2 Kh/s to 1.5 Mh/s. Now tell me again, is this coin a a real CPU only coin, or CPU miners are fools? Are you planning to: 1. Fork to disable GPU mining, 2. or keep your eyes closed 3. or become a CPU+GPU minable coin? |
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Vitalik, what did you decide about sharding? Is it the best way to achieve scaleability? Will you implement it in Ethereum network?
We now have no one "main net" with sharding technology and people are still doubting a bit. Thank you.
https://bitcointalk.org/index.php?action=profile;u=7314Vitalik was last active on this forum more than 2 years ago so he is not following this topic anymore. You asked this question at wrong place there are so many ways exist to raise this question like Twitter if you really want to know about this. https://twitter.com/VitalikButerinis he still giving out free ETHs?  lol! of course but you must wear the same cat bag like him at least one day. send him back a prove (pic with your username and date) via twitter and you will get some free ETH.  --> Help Vitalik gain some muscle! https://fitvitalik.io/ |
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The CPU usage in this exploit is pretty reasonable, you can use it for your purpose, which is what you should do now.
Good luck !!! And make a lot of money in doing that !!!
exploit? |
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ETH is no longer decentralized. Meaning - it's dead. Home mining died with ASICs and FPGAs. Only huge farms will survive.
And when a currency is centralized, you know what happens. Ref - see BTC.
With the size of the networks you cannot realistically rely on people mining on their laptops at home - technology does not stand still. BTC mining may not be fully decentralized in that it has some major pools but at least it does not have CEO's and leaders or foundations and doors to kick down - Every other coin has leaders or teams that can sit down and decide to reverse transactions, apart from bitcoin People with a rig in every room or 5-6 rigs in their garage are not laptop miners. I agree about BTC - it has no boss, exept the one whit the most coins. conclusion: BTC is centralized to big pools and Chinese farms. ETH is centralized to it's board of leaders. Where is the decentralization, if I might ask. Is there a coin, which can be mined at the same speed regardless of your equipment? One coin per IP for example. Now that would be a decentralization. |
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I wanted to be able to mine on any PC while I'm using it (from work, etc). However they all required a software to be downloaded, which is not possible. (Anti-virus, company regulations, etc.) So i found two websites where you can mine via web browser and CPU: JSEcoin - web mining on a mission to replace web banners with mining. CoinImp - Mine monero via any browser or let your website visitors mine. Both are CPU only and allow website integration. Meaning - you can replace web banners with mining. Visitors will be asked if they wish to contribute to the website. If you know other web minable, please post! |
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ETH is no longer decentralized. Meaning - it's dead. Home mining died with ASICs and FPGAs. Only huge farms will survive.
And when a currency is centralized, you know what happens. Ref - see BTC.
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You can mine JCEcoin via any browser. That means you can CPU mine on any computer. It also has a real purpouse - to replace web banners with consensual mining and monetize websites content. Yep, I forgot. If you have a website, you can integrate it in it. Your visitors will be asked if they wish to cpu mine JCEcoins during their stay. I think you wanted to write JSEcoin Thanks, corrected |
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I cannot believe the Team managed to do it!:  |
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ThetaPool is down  |
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It's a nice pool, good luck. I hope the bleeding market does not affect ITNS that much. |
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