is there a particular reason for today's price drop?
BTC price raises, altcoins price drop Strange... DGB and GEO are both up today. I think ETH is dropping because it was over priced. It's not much better than your average altcoin. You will probably see many altcoins integrating a Turing complete programming language on their block chains before ETH ever has a "killer app" Also AUGUR has over 1 million ETH to dump for $ |
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somebody want to fill my buy @2xxx?
They have to fill my few buy @3xxx first! Ain't gonna happen guys.  Anyone want to fill my @1xxx after? |
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Is this going to be broadcast live with Q/A from online viewers? It seems like an asshole/elitist move to try and make money off of conferences. They should do everything public. If they need more funds they should run a 2CO and dilute coins. We should also sign the devs to contracts with the 2CO funds so that we know how long we get them for. |
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Any update on when PoS will be available as an option to remove PoW?
Yes i would like to know the same thing? This would be a huge step forward in all of crypto. PoW is super powerful but it makes it extremely hard to start a new coin. PoS will be secure with only a few users. |
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Any update on when PoS will be available as an option to remove PoW?
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There is an idea of two different nodes. Regular with minimal amount of stakes and a SST node.. super staking nodes which have ten times more than the minimal stake amount
yep! and x (ten?) times more PoS % then the regular node PoS %! 10x staking amount seems a bit extreme. maybe 5x more stake. |
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PM'd, I'll take part in this grease fire, what's the rate for full members? .85 BTC to the address at the OP sent? and then wait for mad bitches? Is it all executed on bittrex?
Answered PM. We trade: C-CEX Bittrex Cryptsy Poloniex in some *rare* cases BTER but after Bitbay... They dont take too many coins  Most exits [final trading] are done on Cryptsy/Bittrex. Cryptopia LTC markets are a good place to be accumulating coins. |
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How many other Ethereum clones are you going to be launching in the coming months?
theres absolutely no plan to launch any other coin. we are married to this project for the long run. as it is, im working 8-10 hours a day on it, and once we launch, 12 hour days will be normal i think. what we're planning with SOIL in no way ends with the launch, it gets more intense after that, theres much much more to be done. im dedicated to bringing SOIL to its end product, and am under no illusion that it can be done in a short time. im swinging for the fences with it, certainly, but ive got a detailed roadmap for what directions i need to concentrate on when we launch, aside from managing the community here, and being available to answer questions. There has been problems with all of the Etheruem launches. Tons of blocks get mined in the first 8 to 24 hours.
You should fix the difficulty adjustment algorithm before launching.
with a 35 second targeted blocktime, the average number of blocks we will be mining in any given day will be around 2500. that will lead to 15,000 SOIL being minted. in reality, from watching how mining on ethereum has gone, or expanse, and theres a lot of 2 minute blocks, and just as many 5 second ones. in implementing dr. kimoto chan's (of megacoin fame) gravity well difficulty algorithm, which readjusts difficulty every block (instead of every epoch of 2016 blocks with bitcoin, for example), to ensure that SOIL follows its intended distribution curve while also keeping the network stable in the long term. this means, if a large number of miners and pools throw a lot of hashing power at SOIL over the first few days, difficulty will be automatically adjusted to take this into account and prevent a crippling difficulty later on due to early massive mining activity. using the gravity well also keeps 5000 blocks from being mined in a day, and this keeps the coin secure and equitable for all miners and users of the coin. its greatest affect is seen when a coin is mined on a multipool which features profitability switching. when miners are pointed to a coin, the hashrate increases, block times would natually shorten. when miners are pointed away again, global hashrates decrease leading to longer block times. in order to keep the distribution of SOIL along a predictable path, using the gravity well will help keep us on track. without using the gravity well, a megaminer with a high hashing GPU rig could skew blocktimes far too low, which would create a massive difficulty upon a new difficulty epoch, which would drive miners away and can make a coin stagnant and eventually can kill it. at that point the only real measure to treat it is a hard fork on the coin, or simply grind out the mining at the high difficulty until enough blocks are found to reach the next difficulty epoch. along with the dagger algorithm, use of the kimoto gravity well will help fight against malicious intent from miners by constantly readjusting according to the global hash rate after every block. this fits in well with our stated aim to try to keep a democratized mining activity available to everyone. So you are changing the difficulty adjustment algorithm from what Ethereum used? No need to change the algorithm, but the parameter to let the difficulty adjust faster, will be adapted in the main-net release. How many blocks before difficulty readjusts? Since ur going for the 100% fairly mined coin strategy, you should probably set it to something really small like 3 blocks. This way people won't solve 5000 blocks in the first few hours and say the devs instamined coins. |
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How many other Ethereum clones are you going to be launching in the coming months?
theres absolutely no plan to launch any other coin. we are married to this project for the long run. as it is, im working 8-10 hours a day on it, and once we launch, 12 hour days will be normal i think. what we're planning with SOIL in no way ends with the launch, it gets more intense after that, theres much much more to be done. im dedicated to bringing SOIL to its end product, and am under no illusion that it can be done in a short time. im swinging for the fences with it, certainly, but ive got a detailed roadmap for what directions i need to concentrate on when we launch, aside from managing the community here, and being available to answer questions. There has been problems with all of the Etheruem launches. Tons of blocks get mined in the first 8 to 24 hours.
You should fix the difficulty adjustment algorithm before launching.
with a 35 second targeted blocktime, the average number of blocks we will be mining in any given day will be around 2500. that will lead to 15,000 SOIL being minted. in reality, from watching how mining on ethereum has gone, or expanse, and theres a lot of 2 minute blocks, and just as many 5 second ones. in implementing dr. kimoto chan's (of megacoin fame) gravity well difficulty algorithm, which readjusts difficulty every block (instead of every epoch of 2016 blocks with bitcoin, for example), to ensure that SOIL follows its intended distribution curve while also keeping the network stable in the long term. this means, if a large number of miners and pools throw a lot of hashing power at SOIL over the first few days, difficulty will be automatically adjusted to take this into account and prevent a crippling difficulty later on due to early massive mining activity. using the gravity well also keeps 5000 blocks from being mined in a day, and this keeps the coin secure and equitable for all miners and users of the coin. its greatest affect is seen when a coin is mined on a multipool which features profitability switching. when miners are pointed to a coin, the hashrate increases, block times would natually shorten. when miners are pointed away again, global hashrates decrease leading to longer block times. in order to keep the distribution of SOIL along a predictable path, using the gravity well will help keep us on track. without using the gravity well, a megaminer with a high hashing GPU rig could skew blocktimes far too low, which would create a massive difficulty upon a new difficulty epoch, which would drive miners away and can make a coin stagnant and eventually can kill it. at that point the only real measure to treat it is a hard fork on the coin, or simply grind out the mining at the high difficulty until enough blocks are found to reach the next difficulty epoch. along with the dagger algorithm, use of the kimoto gravity well will help fight against malicious intent from miners by constantly readjusting according to the global hash rate after every block. this fits in well with our stated aim to try to keep a democratized mining activity available to everyone. So you are changing the difficulty adjustment algorithm from what Ethereum used? |
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There has been problems with all of the Etheruem launches. Tons of blocks get mined in the first 8 to 24 hours.
You should fix the difficulty adjustment algorithm before launching.
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How many other Ethereum clones are you going to be launching in the coming months?
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https://youtu.be/ZyLZWv7h8pAI don't understand how this game can be securely played on a blockchain. Is this an online Vs. another real human game?
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I'm not reading very often the thread, can someone update shortly about what's going on?
Pow is going to finish? when? thank you
No one has invented PoS for Ethereum based coins yet. It might be 1 year or more away. I would suspect there will be a PoS test net for Ethereum set up way before they officially release it on Ethereum. There is a chance SHF could go PoS within 6 months. |
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How many new coins do these federated/centralized miners mine every day?
This new group of altcoin devs don't even know how to write the block time and block reward in the OP.
I believe the inflation rate is 20% the first year. So maybe like 4798.17315068 factom a day. That's not much. Centralized mining does lower mining costs. It would help if there was a block explorer. There is no block explorer posted in the OP either... |
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How many new coins do these federated/centralized miners mine every day?
This new group of altcoin devs don't even know how to write the block time and block reward in the OP. |
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How many new coins do these federated/centralized miners mine every day?
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It's only the PoW that is holding down price. Once this goes PoS we will a top 20 coin. Collect cheap coins if you have the money.
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Mining shift not profitable at the moment, better to mine eth or exp.
no really EXP - block are about every 2 min or more (diff is still too high - target meant to be 60 sec) . Current Diff is 550Ghs ? about 4 EXP mine per 1 min SHIFT block have been avg around 25-35 . Diff is 50 ghs get about 4 block a min = 3 shift X 4 block = 12 SHIFT a min So If the Difficulty is around 10X more then Shift .... you earn less then half ..... so the EXP price need to be close to 20X the price of shift SHF = BTC0.00005000 EXP = BTC0.00016000 EXP need to be closer to BTC0.00100000 Eth is easy to calculate http://badmofo.github.io/ethereum-mining-calculator/ Mining 1 x 280x per day Ether = 2.051402 ETHER = BTC0.0050 EXP =Get about 3.5 block X 8 EXP = 28 EXP = BTC0.00448 Shift = about 40 -45 block depends how lucky you are X 3 = 120 SHIFT = BTC0.0060 EXP also releases 1% of 11 million coins every month. So 110,000 coins to developers every month. You could call these coins proof-of-dev mined coins... If developers don't do enough work then they sell the coins for cheaper then PoW miners. If developers do tons of work then they can't sell their coins cheaper then PoW miners. SHIFT is by far the best to mine. I'm holding my coins for a long time so I don't really see them as worth 0.0060 BTC. I see them worth 120 SHF or 120/2,200,000 of all the coins. Compared to the other you get 2/72,000,000 ETH or 28/14,000,000 EXP. You are getting 10,000x and 100x odds against the other choices. The SHIFT community is really good so far. This coin is the best buy in all of crypto right now. All the community and devs would have to do is switch to PoS as soon as it's available and tested, make a few of the coolest open source DApps, get 10,000+ or more users and then the coin should be worth over a few million $ marketcap. |
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We didn't ignore your post but it's rather difficult to answer something like that. Do you have any idea what's like to start a project like this? This simply do not work without funding, even if the idea is good and you have a developer willing to work in his passion project for free (which is rare), he can't do everything alone, you need o get different people for different tasks. A designer can't code and a coder can't design, at least most of them . And about community funding when you have everything smoothly rolling and out (and that's a big when) it's usually small and not enough for what you need to get a project like this of the ground. In our case, we have everything semi-done code wise but there's a lot of design to do and that's where the biggest percentage of ICO funds is going to, 60%+ by my last estimation. And who wants to give money to a developer without receiving anything back? Maybe you do but I'm not a lot of investors doing it. Thank you for sharing your opinion though, don't hesitate in doing so in the future, it's taken in consideration and it's one of the ways for us to grow. Sorry but you just gave impression of a person releasing ICO's/coins on daily basis, or releasing another after last one clears. Doesn't work without funding?? Did Bitcoin get funded? Your roadmap clearly indicates your intentions. Website takes 1 day to create and cost no more than 1btc but it will take you 1 week. Wallet graphics? I know a person who can do a nice custom wallet for 0.2btc. Exchange script can be purchased for 1.5btc.. Anyway, you still didn't answer why you don't apply to Bittrex for your ICO but using Ccex instead known for hosting scam ICO's and devs vanishing after 1 week? BITTREX is also a scam ICO place. ICB and CRAIG are the two biggest scams BITTREX pulled off. C-Cex is actually getting better than Bittrex. C-cex is moving up in volume. Remove the fake volume on bittrex and it's not much more than c-cex. It very well may be but Bittrex requires more information, information that scammer are too scared to submit. Coinssource.com, or cryptocertify.com verification being one, submitting at least one team member for identity verification by Bittrex and that person's name made PUBLICLY AVAILABLE being second. That's why you don't see many ICO's hosted by Bittrex since implementation of these rules. 99% of ICO's are scams full stop! Oh and how do you know if Ccex volume is real? Most of the volume there is created by devs dumping their ICO coins. Neither of them are very good. This coin looks like garbage. I hope for a day where real developers can raise real money and start building some amazing stuff. |
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We didn't ignore your post but it's rather difficult to answer something like that. Do you have any idea what's like to start a project like this? This simply do not work without funding, even if the idea is good and you have a developer willing to work in his passion project for free (which is rare), he can't do everything alone, you need o get different people for different tasks. A designer can't code and a coder can't design, at least most of them . And about community funding when you have everything smoothly rolling and out (and that's a big when) it's usually small and not enough for what you need to get a project like this of the ground. In our case, we have everything semi-done code wise but there's a lot of design to do and that's where the biggest percentage of ICO funds is going to, 60%+ by my last estimation. And who wants to give money to a developer without receiving anything back? Maybe you do but I'm not a lot of investors doing it. Thank you for sharing your opinion though, don't hesitate in doing so in the future, it's taken in consideration and it's one of the ways for us to grow. Sorry but you just gave impression of a person releasing ICO's/coins on daily basis, or releasing another after last one clears. Doesn't work without funding?? Did Bitcoin get funded? Your roadmap clearly indicates your intentions. Website takes 1 day to create and cost no more than 1btc but it will take you 1 week. Wallet graphics? I know a person who can do a nice custom wallet for 0.2btc. Exchange script can be purchased for 1.5btc.. Anyway, you still didn't answer why you don't apply to Bittrex for your ICO but using Ccex instead known for hosting scam ICO's and devs vanishing after 1 week? BITTREX is also a scam ICO place. ICB and CRAIG are the two biggest scams BITTREX pulled off. C-Cex is actually getting better than Bittrex. C-cex is moving up in volume. Remove the fake volume on bittrex and it's not much more than c-cex. |
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