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5001  Economy / Services / Seeking C++ Developer for new innovative cryptocurrency project. on: April 20, 2013, 02:26:49 PM
There's tons of coins that only marginally changes something - rewards, hashing algorithms, etc. There's innovative coins that adds things like Proof of Stake, but it does it in their way with flaws. There's cool and innovative but centralized cash ins like Ripple. There's also a spot for a non PoW, non PoS, and non centralization/validators/web of debt/checkpointing coin.

Features
No waiting an indeterminable amount of time for your transaction to confirm.

No "dedicated miners" - mining is incredibly cheap yet spam proof, and there's no reward/incentive/transaction fee because the barrier to mining is a Raspberry Pi.

No transaction fees. You can choose to pay for additional double spend protection.

No centralization of any kind! In fact, it's more decentralized than bitcoin because of the low barrier to entry for mining, and the lack of mining pools.

Cool and fitting name, awesome four letter domain name.. On the scale of "PayPal", not "Bytecoin".

OK - so why is this in services?

We need a fluent C++ developer to implement the changes as a fork to bitcoin. It's not complex and the scope of the change is like PPCoin's, but the actual concept is different.

Would this help bitcoin?

When this is shown to be a better model, Bitcoin can migrate to it after the PoW subsidy drops to zero. Or even now - because you're tired of waiting a hour or sometimes days for bitcoin deposits to confirm, right?

So - contact me if you'd like to help Smiley
5002  Economy / Marketplace / Re: [WTB Your Hashing Power] >150% PPS! on: April 20, 2013, 11:18:36 AM
Let me know if you're interested in a few GH/s.
5003  Economy / Currency exchange / Re: Selling 1btc for PayPal, no newbies on: April 20, 2013, 11:15:45 AM
me too . PM me

lol
5004  Other / Off-topic / PM pissing contest - how many PMs have you got? on: April 20, 2013, 11:12:20 AM
Each page contains 20 PMs, so just multiply the amount of pages you have in your private message inbox by 20. I have 1120 PMs!
5005  Other / Meta / Re: Better PM system is needed! on: April 20, 2013, 11:10:18 AM
I like the number way better than the pop-up or anything else. The pop-up gets really annoying after awhile if you are receiving PM's on a regular basis. Just get in the habit of checking ever couple minutes when you're browsing. Also, if you have a messenger system like MSN, you can register the email to Talk and sign-in and whenever you get a PM a notification will pop up telling you.
Yeah. I have received more than a thousand PMs, I don't want to have clicked through a thousand alert boxes Tongue
5006  Economy / Lending / Re: [IBB] - 2BTC Loan to t.o.m., 5 BTC Loan to solareclipse64236 on: April 20, 2013, 11:09:05 AM
You shouldn't take a bitcoin loan for a fiat denominated investment.
5007  Alternate cryptocurrencies / Altcoin Discussion / Re: Introducing TrollCoin on: April 20, 2013, 10:09:05 AM
Block reward is 2 satoshi.
5008  Economy / Long-term offers / Re: Be careful about borrowing BCs for a longer time! on: April 20, 2013, 07:11:01 AM
That's called shorting Smiley
5009  Other / Meta / Re: 100,000 Bitcointalk Users on: April 20, 2013, 07:05:01 AM
You know what would be a great thing? 1 Billion users Smiley
Great thing until the server crashes!  Cheesy
5010  Economy / Long-term offers / Re: Be careful about borrowing BCs for a longer time! on: April 20, 2013, 07:02:52 AM
Definitely. Of course, if you are not using the BTC for fiat purposes, for example if you're a BTC seller on OTC and convert the fiat back into BTC fast, then borrowing BTC is a better idea than borrowing fiat.
5011  Bitcoin / Group buys / Re: [Group buy] ASICMINER 10GH/s Boards Shipping Now on: April 20, 2013, 06:54:27 AM
Correct - all shareholders have being fully refunded! Smiley
5012  Economy / Gambling / Re: https://www.satoshi-karoshi.com on: April 20, 2013, 12:56:50 AM
Not a scam, but the house edge increases the more bets you make. Up to 25% or something, which is an insane house edge.

Of course, if you gamble on satoshidice 15 times, then you're going to see a 25% house edge, but why do that instead of just gambling once on lower odds?
5013  Other / Beginners & Help / Re: ASIC DYI MANUAL & CHIP ORDERS on: April 20, 2013, 12:55:10 AM
SCAmASICS.
5014  Economy / Lending / Re: CoinLenders :: Get bitcoin loans, and earn interest on your deposits! (new) on: April 20, 2013, 12:54:04 AM
Bump!
5015  Economy / Gambling / Re: GOLDTAILS.com - pure 50-50 & pvp - the internet coin flip innovator is back! on: April 20, 2013, 12:15:05 AM
Make it provably fair, no excuse.
5016  Economy / Economics / Re: Interest and Bitcoin - Impossible? on: April 20, 2013, 12:13:52 AM
I think its wrong assumption. You are trying to put interest to deflactionary currency. To me loans should be just like this: borrow 1btc, repay 1btc no need to complicate things and you will have back 1btc that is more valuable than before. Person who borrowed and spent 1btc have to work more to get back 1btc because its value is higher meantime. and i dont know if borrowing 1btc and getting back 0.999 wont be still profitable if prices dropped even more.
That isn't going to happen on a large scale, because you'd be throwing money away due to defaults.
5017  Alternate cryptocurrencies / Altcoin Discussion / Idea/discussion: Adjustable difficulty and rewards for stable block generation on: April 19, 2013, 12:42:09 PM
If difficulty is 5% of the "base difficulty", no coins are produced. Transaction fees are also forfeited.  64kb max block size (prevent spamming). However, this is useful in case of a sudden drop in network hashpower, to retarget the difficulty.

If difficulty is 40% of the "base difficulty", 30% of the base coins are produced. 256kb max block size. This can be more profitable when there are a lot of transaction fees waiting to be picked up (during streaks of bad luck)! You'd collect the TX fees faster (on average) than someone mining at base difficulty.

If difficulty is the base difficulty, then the base coins are produced. 768kb max block size.

If difficulty is 400% of the "base difficulty", 405% of the base coins are produced. 1MB max block size. Good for sudden increases in hashpower, without disrupting the network

Difficulty target would be placed in the block header, to force a miner / pool to choose an option. Generally miners will choose the base difficulty, unless there are a lot of TX fees pending to be collected, which miners may start switching to 40% difficulty to try and claim it before someone else does. Those who are about to introduce a lot of hashpower in the network would go with the 400% difficulty option, which won't spam the network with too much blocks yet give him a small bonus (to compensate for the variance).

Coinbase cannot reach zero (maybe a minimum coinbase of 5?).

The difficulty targeting system would obviously need to take in account the actual difficulties, and the confirmations system would need reworking (a 5% confirm is worth less than a 200% confirm).

Thoughts?
5018  Economy / Gambling / Re: coinbit.ru - BENEFIT SOCIETY on: April 19, 2013, 12:02:08 PM
But you claim " 100% [money?] back guarantee and anonymity.(EN) " which obviously won't happen
5019  Economy / Gambling / Re: coinbit.ru - BENEFIT SOCIETY on: April 19, 2013, 11:32:47 AM
yawn, another ponzi / scam
5020  Other / Beginners & Help / Re: [b]HELP!!! 120 BTC stuck in LTC account on BTC-e.com $10,000 :([/b] on: April 19, 2013, 11:32:14 AM

this is a bitcoin address that you sent your bitcoins to. It's most probably an address to which you don't have a private key. so you lost your 120 bitcoins...

ya that is definatly an btc address. some ramdome guy went rich now.
No, BTC-e did. They can still get the private key.
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