@ iCEBREAKER Have you considered relaxation? Moreover; your argument would be at most critiqued and at least listened to if you toned down the language. Would you let your Grandmother, Mother or your children read this thread? If not, just think of all those potential crypto customers you will be losing.
However, if you tone down the vocals and contribute to the debate, you will be made welcome.
Christ enough with the censorship already...and this is icebreaker on relax mode dude, you will know when the hull gets breached and he opens up on you. Apparently you madam are fairly new to bitcointalk. This is extremely tame compared to the usual psychosis, if you don't like the naughty words you certainly won't like it when the threats, all out brawls and doxxing madness goes down. Hay, I have no issue with free speech, that's why I am willing to challenge at times. Also, I like a laugh and can take a ribbing too but, I have friends that just can't handle this sort of space and we are pushing some real bright people away. There are plenty of threads that you can say fu*k & sh!t and stuff like that as many times as you like all over this board. However, Crypto will go mainstream and we need to be at the front end of that. Having a space where you can come for info and an environment where outsiders feel confident enough to ask questions without worry of ridicule is important. Especially at a time where the ethereum community is divided. bitpop chooses who gets deleted, I do nothing more than appeal to peoples better nature. Anyhow, I want PoW but then we lose the PoS people and they usualy have money to invest. So if we go for a combination we will pick up the miners that drop off the other chain when casper arrives and get some whales too. But we want to hear from everyone |
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No, the community is not for 100%pos. This is a mistake to do so.
It needs to be pow/pos
I agree a hybrid PoW/PoS is good compromise. However, it would be cool if it had more than iust one PoW algorythem, how you would intergrate that into the network i don't know. But being able to mine ETC with a sha-256 ASIC or a scrypt ASIC, a GPU, CPU or HHD even would open up the coin to even more people. I hear you can mine Burstcoin with a phone as long as it has a reasonable size memory card in it. The more inclusive we make this coin, the more peolpe will use it. ETC need to show positive steps forward: 1. New Classic wallet2. Remove the POW bomb and continue with POW. 3. Later decide if POW or POS is suitable but do 2 first. etc... etc.. Show the community positive steps and do not get hung up of POS vs POW vs hybrid. Ray you should come over and hang out on the Reddit and Slack and see what is going on... That appears to be the direction we are going... Lots of good things are happening.  Ethereum Classic Mist Wallet - 0.8.1 (1.4.10 go-ethereum) @whatisgravity whatisgravity released this 3 days ago This release contains a version of geth 1.4.10 specifically developed to work on the Ethereum Classic network. Without any flags, choices or additional setup you can use the Ethereum Classic network, with every feature working with ETC data. https://github.com/ethereumproject/mist/releases/tag/5cbe0c0 |
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Two pages back, top of #132... So can we get our own affiliate link so that we can use this to fund our own development? is a good alternative to https://shapeshift.io but the devs could strike a deal. Crypto*Digger RE: https://www.whattomine.com/you can choose to search "profitability over 24h, 3days, 7days" also are you putting in your power costs? |
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No, the community is not for 100%pos. This is a mistake to do so.
It needs to be pow/pos
I agree a hybrid PoW/PoS is good compromise. However, it would be cool if it had more than iust one PoW algorythem, how you would intergrate that into the network i don't know. But being able to mine ETC with a sha-256 ASIC or a scrypt ASIC, a GPU, CPU or HHD even would open up the coin to even more people. I hear you can mine Burstcoin with a phone as long as it has a reasonable size memory card in it. The more inclusive we make this coin, the more peolpe will use it. |
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The BBC are not popular in the UK at the mo. Anyhow, I mine some Groestlcoin on my rig/server. They claim that their coin is just as efficient to mine with CPU as with GPU. This old server here has a 2kw PSU. It has 4 GPUs hooked up on risers, the server PSU also feeds 2 scrypt ASICs. With a geth node running as well I use affinity settings to throttle processing to only 3 cores of the CPU. The remaining 5 CPU cores are dedicated to Groestlcoin mining. The server also has 8 hard drive slots. I am in the process of adding Burstcoin HHD (PoC) mining as well, but I need down time to move my OS from RAID5 striping over 3HHDs, to just one HHD volume. I can then use 7 HHDs to mine Burst. So I get to squeeze every last little drop of resource from this old beast. The coin that could realise an algo that would work across all these resources would be very interesting.  |
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I must add i am not up for 100% PoS and here is why...
I have no capital and I am old. I get the use of electricity for 3 month and then the electric company send me a bill (90 day invoicing).
So I have 90 days to mine and trade the 12 coins I work with and make enough money to pay the power bill.
The "profit"! When there is some, I spend it on food. At the end of the quarter, we cash out and start again from zero. My husband is a disabled ex-Soldier and I am his carer. We cannot live on our allowance, hence we mine. We don't have extra coin to stake.
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@iCEBREAKER if we consider a hybrid algo we can attract more people and be more inclusive.
A hybrid algo is a compromise which may alienate as many (or more) people than it attracts. And it's scope creep, especially if we don't use an existing off-the-shelf schema. Let's not (yet) go in search of wheels to reinvent before we even know what ETH is doing (and when). Oh its happening as we speak, We have 3 devs to my understanding. Wheels are turning before the difficulty climbs too high. I have reddit and slack open. If you read back a few pages you will be able to read what is happening and join the debate. Here are some of my questions. Nothing is set in stone but work continues on a number of fronts giving the community options. In PoS, you have a stake in the network (a bond), that you use to validate blocks. Instead of "mining", the validators basically make "bets" on which block will be included in the chain next. It's like, or at least heavily influenced by futurarchy theory.
So, the validators have an economic incentive, like miners, to come to consensus. Failure to join the other bonded validators (i.e. if you bet on the wrong chain, or are trying to attack the network), you will lose all, or some portion, of your bond.
Q:Only 250 validators in eth and you would have to pay to be a validator, that is feudalism in my eyes.
A:I think you'd be correct if this was actually a pay to play. But, in this case, you don't actually pay anything, unless you go against the consensus. If you decide to liquidate your stake, you have a certain amount of time (60 days IIRC), before your stake is available to move.
Q;If you had a PoS/PoW hybrid you could satisfy both parties?
A:That is a goal for the live network before a switch to full PoS is made. So we'll soon know.
Q:What about a wallet where you could stake some of your ETC. Every wallet would have the facility so anyone could hold a stake. Dividends could be paid out from the transaction fees depending on your stake & amount of node %uptime.
A:Yes. I fully expect a significant percentage of stakes to be large pools. Which will be great. Participating in a reputable staking pool, could be like holding bonds.
It will be interesting to see how this all plays out! |
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@Mrpumperitis a mixer would be nice in etc
@DeCrypterManiac I am going to switch in the morning after nano payout. I will post my experiences.
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@ iCEBREAKER Have you considered relaxation? Moreover; your argument would be at most critiqued and at least listened to if you toned down the language. Would you let your Grandmother, Mother or your children read this thread? If not, just think of all those potential crypto customers you will be losing.
However, if you tone down the vocals and contribute to the debate, you will be made welcome.
Already contributed to the debate. But thanks for the nanny finger waggling. I think we're all adults (or at least teens) here. Perhaps there's a browser plug-in you may use to remove or alter the words that hurt your widdle fweeelings. Back on topic, are you the one who thinks PoW wastes energy, causing Manbearpig to send hurricanes after orphans and kittens? You can relax about that, because mining is concentrated near surplus (ie free) energy, and the sun controls the climate. I live in Cornwall UK and we have wind farms and solar. We make a surplice of electricity here but we have to still pay the same as you. EU Law. When UK leaves we can give this power away at low cost to attract new business. I am also close to GCHQ Bude. This is the place Snowden exposed as NSA/GCHQ listening station between US and EUROPE. Not surprising as Marconi sent his first transatlantic radio transmission from here, also the first transatlantic cable is here (1901) for telegraph and USD/GBP trading pairs. And one to India. So fantastic ping times around the world. Future looks good, the future looks classic |
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Are you using http://etc-eu.suprnova.cc:3000/suprnova.5/50 or stratum+tcp://etc-eu.suprnova.cc:3332A stratum will be more effective. Nano is not stratum? @iCEBREAKER if we consider a hybrid algo we can attract more people and be more inclusive. Also eth miners may want to join us after their PoS at Casper as there will be plenty of low cost GPUs going around. ETH people will sell their GPUs and someone will buy them and use them here or feathercoin or whatever coin is bangin at the time, Not long now! |
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I was mining on Nanopool since launch and since my estimates are more and more below whattomine's calculator I started to point one rig to supernova for comparison and made a interesting discovery: Nanopool:  Nano pays me for the time I was mining about 0.133832 ETC I've had a second rig, exactly same setup and same hashrate point at supernova while I was mining at nano:  So supernova pays me about 0.25 ETC within exactly the same time.. THIS IS 50% LESS ON NANO  !!!! I've pointed my rigs now to a few other pools and will compare too, something is clearly wrong here !!! PS: Yes, I waited a bit to get everything mature on Nanopool as well - nothing changed ! And yes, I started at exactly the same time, so difficulty was the same as well ! Very interesting. I have some hashpower on nano. Let us know how you get on. Looks like i will be switching to supranove if that is the case. I mine groestlcoin at supranova without issue. Not too keen on having all my eggs in one basket Remember supranova are giving a 10% bonus ATM and diff has come down a little. |
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@ iCEBREAKER Have you considered relaxation? Moreover; your argument would be at most critiqued and at least listened to if you toned down the language. Would you let your Grandmother, Mother or your children read this thread? If not, just think of all those potential crypto customers you will be losing.
However, if you tone down the vocals and contribute to the debate, you will be made welcome.
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bitnovosti, who is the same guy that started the ETC slack channel at http://ethereumclassic.herokuapp.com , also runs an excellent Russian ETC website. Well worth reading now and monitoring in the future. Let's face it, Lenin would have chosen ETC over the czarist ETH. Open this in Chrome and select translate: https://ethclassic.ru/Yandex Browser auto translate,  you got to hand it to these Russian people, they are smart..... and good at space! |
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Maybe ETC will be like UK.... HYBRID - Capitalist ideology with socialist based welfare provision. And we have rules for voting …. and if we vote for a fork, we agree to a fork. |
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I am a member of 2 teams already on slack but they are not ethereumclassic teams. I just get the message "If you're trying to join a specific team that isn't listed here, you can try contacting your Team Administrator for an invitation."
What happens when you click on https://ethereumclassic.slack.com/ ? Should be an option to sign up.... It takes me to the sign in page, no option to sign up! I can still log in to my other slack channels. I will message them |
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