So a rebranded NameCoin ... why don't you just make available a patched NameCoin source-code with your perfect free-market fees formula in it and see if you can get the NameCoin network to adopt it naturally? Your wiki says : while DIANNA registration fee is defined by free market agreements ... but where in the design document do you describe this "free market agreements mechanism"? (As noted this is your main point of difference to NameCoin.) |
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That's why I have a Python script with a software PID loop that keeps the temperature at 81.0 C +- .5 C on my 2x6990. As soon as I ventilate the room, the fans go down pretty fast. If anybody is interested, I can put that script on GitHub. Yep, I'd be interested to see that script. |
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9 in 24 hours. How's that smell? Not bad for a 230 GH/s pool.  Smells fresh money!! ^_^ p2pool coins are guaranteed fresh from the mint .... no need to trust the poolop.  (does anyone else think poolop sounds too much like polyp?) |
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So, in the end of the day, what is the best approach for miners?!
Can something like P2Pool be built without this pseudo-chain?! Something complete new... Between actual pools and P2Pool... I guess... O_o
Based on that nice plot above of "twmc" it seems that the 'optimal' solution will be p2pools will split up according to size of the miners. I.e. bigger miners will go in one p2pool that has time-of-share and time-of-block nearly the same, medium sized miners will go in separate pool with similar set-up and smaller miners will go in another pool with similar time-of-share to time-of-block ratio. Maybe throw in some variation due to location of miners and network latency to skew it a little. So anyone want to start another p2pool for "less than big" miners? |
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Well thank you (not) for spewing your learning curve of namecoin all over the forum ... unsuprisingly, from following your chaotic thought train, you've arrived at the wrong conclusion.
namecoin is doing fine.
bitcoin also has a central core of developers (actually mostly just gavin) deciding on minimum transaction fee ... gonna go dump all over on that now also??
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I2P has ugly and not authoritative DNS system, but has very strong anonymous crypted network.
Tor has authoritative .onion domains, but they are looks not user-friendly.
NameCoin Has authoritative anonymous domain system, but has no anonymous network implementations.
They all made for each other. You got it. Gonna follow this. |
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There remains the question with AML regulations. Nothing prevents financial authorities in the respective country to ask you change the OT server code so that all transaction, say above $500 be declined if done through server 'cash mode'?! Huh? Doesn't work like that. Begin reading here ... https://github.com/FellowTraveler/Open-Transactions/wikiLook at the pictures here http://billstclair.com/ot/ot-diagram.jpgand here http://billstclair.com/ot/OT-Anon-CashOnly.jpgIt is specifically designed to work around overzealous financial regulations of repressive regimes that are currently strangling the global economy ... or maybe stick to the facebook credits koolaid if that is all a little too edgy for you? AML/KYC 'laws' are a grasping, rear-guard action from a failed, dying economic model, centralised digital money system and the corrupted political system built upon it. |
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Why would anyone in their right mind give Gox this much personal information when they can't even keep passwords safe?
Big, fat honey pot waiting for the bear to show up ... sounds like he is snuffling around the door, no?
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Things might not be as clean as it seems on first sight. Kim Schmitz has worked for and against US agencies in the past.
Expect a drawn out extradition process in the NZ courts and maybe a failure to bring a successful prosecution against this seemingly "made-for-television" villain that the FBI couldn't have asked a better poster child to act as "dr. evil copyright pirate" ....
tl;dr ... prosection fails ... SOPA passes. (fbi and kim both win).
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I think some people need to appreciate that a large portion of miners are not s/ware savvy at lower levels. They know how to install packages, plug cables/hardware in etc but that's mostly where it ends ... (gamers  ) They want a web/GUI interface/form where they fill in some details hit "Submit" and it all just works. p2pool needs a few scripts to add that layer for the gui miner masses before widespread adoption will happen. Maybe a local html file that has a p2pool gui form and can be pulled up by browser as the front-end? |
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Then the tax authority can check on the block chain what this account is doing. Bitcoin is perfect for them: This. Bitcoin, in many respects, is the perfect govt. honeypot and transaction tracking tool. Without a true fully anonymising layer it is deficient as a money. |
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There are a lot more materials which could be used as physical bullion than just gold & silver but gold & silver have "cornered" 99% of the market. namecoin - has no intentional of being a currency. infinite generation and coin destruction for registration of domains makes it unlikely it would be prefered OVER Bitcoin as a medium of exchange.
These statements are both completely wrong. Bitcoin has most of the properties of a superior cash money that the market seeks out naturally but it is still deficient in some aspects, particularly fungibility. The market will decide what is the best money to use, fit for purpose, it always has done in the past. |
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As someone mentioned above, it may not hash well per dollar, but its resale value is higher.
Hash per capital expense dollar will be higher but I'm betting once the codes are tuned then hash power per running cost dollar will be superior to the 5970 ... so somewhere in between FPGA's and 5970 with trade-off between running cost and capex. |
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Something is missing here. bitcoind and namecoind return command not found  Do you have ~/bin in your PATH? (Also check if the binaries have come across with suitable executable permissions enabled.) Yes if I use the full path I get cannot execute binary file...so probably permissions?? What should they be set for? Executable. Issue $chmod +x ~/bitcoind
$chmod +x ~/namecoind Edit: Issuing a should give you something like this -rwxr-xr-x 1 username username 72661961 2011-07-15 10:46 bitcoin
-rwxr-xr-x 1 username username 19976736 2011-07-15 10:46 bitcoind
-rwxr-xr-x 1 username username 22038114 2011-12-11 11:35 namecoind
all the 'x's' in the permissions at the right tell you who has permission to execute it. |
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The first gigahash card your's for only ~$900  yup, if you count hardware costs into the equation.... it will a while before the 5970 is dethroned. Then you also have to factor in availability. You are rolling the dice on used/refurb hardware. Same as it ever was with production machinery (tractors, loaders, diggers, dozers, factory plant) Do you go with the clapped-out or good used with potentially higher maintenance costs and failure risks or the guaranteed, shiny new with known resale value and output? Pity we couldn't get some pre-release samples to allow the OpenCL miner kernels to be tuned up for those 4096 processors before it hits the streets (or basements in this case). Anyone got a line to AMD GPGPU OpenCL dev. team? |
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As it stands any pool that has similar or less Hashpower than P2Pool has an incentive to join P2Pool as a supernode (perhaps even without informing its pool miners?) just on variance considerations alone ... plus that little extra from the donations.
Only pools that are >3 times bigger than P2pool stand to gain little from not joining. Inevitably, P2Pool will slowly absorb all the smaller pools gaining in size the whole time until there comes to a point ..... "There can be only One".
Edit: What is the current difficulty of a P2Pool share?
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Something is missing here. bitcoind and namecoind return command not found Do you have ~/bin in your PATH? (Also check if the binaries have come across with suitable executable permissions enabled.) |
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Another good donation (of time) could be with some attention to the docs/howto and ease the way with getting set-up for P2pool mining ... path of least resistance is still to pay for convenience and lower-variance of centralised pools via fees, although the balance is definitely now shifting with these sendmany donations (neat idea ). Maybe for the casual miners a P2Pool bundled script that installs the necessary components in the correct place, conf settings done, etc? Not sure how difficult that would be with all the variable hardware, miner s/ware, etc. Actually, does Gui-miner support P2Pool? If P2Pool hits >120 GHash/s then probably gets stickied on the "Pools" sections, etc |
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just watching ... nice work.
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