I have 2.000.000 BCN to sell.
Price 0.3 BTC per 1.000.000 BCN.
Escrow is ok, buyer pay.
You may want to consider my auction in setting your price. It appears a fair price for this coin is much lower. https://bitcointalk.org/index.php?topic=577308.0 |
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Services still needed:
- Official exchange
- Pool and open source pool software
- GUI wallet
- Faucet
I will try to work on GUI as I have time, I'm getting back into doing stuff for MC2
Add website to the list. It's a "service" in a way. HoneyPenny even has one ( http://honeypenny.org/).  Sombody registered the domain names bitmonero.com and bitmonero.org just yesterday. If it wasn't the OP he screwed up big time and we should just do an immediate code fork to rename it to something where we control the domain names. what about bitmone.ro , or bitmonero.net ....? The problem with all these variants is the issue of hijacking and confusion. If you don't own the main names, someone else does, and that's a problem. I agree it makes no sense to discuss the new name on a public forum, but if there is agreement on moving forward with a new name then it should be discussed in private among those interested in helping to choose one. |
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Fork would be good. This (Bitmonero) and the other "HoneyPenny" sound both terrible. We need a good Cryptonote based coin that has probably a preannouncement, no premine or at least honest premine, websites registered before launch and a good name like Bitnote or sth. If someone is to create a new fork with these things in mind, I'm supporting.
Bitmonero is fine in terms of no premine, slow mining rewards, etc. I wouldn't have changed the block target, but its not a big deal. If we fork it we should just change the name (and make sure we own the domains). |
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Ok if I bought in a few months ago at 800 - 900 USD I would now be at a 50% loss. Is that a store of value? No, it's not.
Incorrect. Other recognized stores of value are real estate, stocks, and gold. Those have all suffered 50% draw downs at times. The definition of store of value you are using is not the generally accepted one. If you pick your own definitions you can support almost any argument. http://en.wikipedia.org/wiki/Store_of_value |
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Services still needed:
- Official exchange
- Pool and open source pool software
- GUI wallet
- Faucet
I will try to work on GUI as I have time, I'm getting back into doing stuff for MC2
Add website to the list. It's a "service" in a way. HoneyPenny even has one ( http://honeypenny.org/). Sombody registered the domain names bitmonero.com and bitmonero.org just yesterday. If it wasn't the OP he screwed up big time and we should just do an immediate code fork to rename it to something where we control the domain names. |
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I don't think Honeypot or whatever its called has enough going for it over BMR to succeed. BMR at least had the BCN pre-mine to push off against. Later clones don't.
BCN might still succeed on the basis of being first and having a larger network. BMR might make it on the basis of not having a premine. Beyond that I don't see it.
The 10% tax is a mistake. Gives people yet one more reason to just stick with BCN or BMR.
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ByteCoin is technically neither anonymous nor unlinkable -- it's simply designed to provide more privacy for transactions.
Anonymous is somewhat of a vague term, but it is definitely unlinkable in the sense that a transaction can't be linked with its recipient at all. the receiver is the only one who can release the funds after the transaction is committed. He only needs to perform a single-formula check on each transactions to establish if it belongs to him. This process involves his private key, therefore no third party can perform this check and discover the link between the one-time key generated by the sender and the receiver's unique public address. https://cryptonote.org/inside.phpRing signatures are a little weaker. It is possible to identify the sender of a transaction as being among the small group of possible signers, but it still can't be linked with any one signer. By sending a series of transactions to yourself you can perform what amounts to mixing without a third party mixer, because the number of potential originators grows exponentially at each step. This does require a reasonable volume of transactions on the network though. If you are the only one sending transactions then it is obvious they are all yours. |
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If Putin does indeed have a Swiss Bank account of $40B, and he's worried about the US .gov freezing it. I don't see why buying BTCs solve his problem. Wouldn't he buy gold and hide it in a vault in Siberia?
Gold is not safe. The smart money is being very careful about whether gold may be vulnerable to severe disruption of 90% of its value. Also, leaders often want their money outside their own country (or at least portable) in case they decide to relocate. Bitcoin provides extreme portability, especially if you want to move it on short notice. Gold does not. A billion dollars in gold is weighs roughly a ton. |
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If I'm way off in assuming last 6 month difficulty growth into the next 6 months, then I welcome criticism. I want to invest in mining hardware as well but I need to know I'm not chasing unrealistic profits.
You are way off. There was a huge spike in difficulty during the last six months which is no longer occurring, and is unlikely to occur again. (Though anything is possible.) http://bitcoin.sipa.be/growth.png |
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Auction to sell 2.5m BCN. BCN is a fully anonymous coin based on Cryptonote technology. The coin is two years old but only recently introduced in this community https://bitcointalk.org/index.php?topic=512747.0Auction runs for 12 hours from this post, extended five minutes each new high bid. Approximate scheduled closing time is 0717 GMT Buyer must send first, and buyer must have a BCN wallet installed (there are no exchanges or web wallets) Starting bid 0.01 BTC |
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diff is too high now for solo, unless you are a botnet  that is strange because on bytecoin at diff 600k I could mine ~1 block per day, here diff is only 120k but no block for almost 24 h. Maybe OP should contact minergate to add BMR pool edit: now there is a source for minergate miner https://github.com/amjuarez/bytecoinWhy do you need a block every single day? Why not view it in terms of blocks per week or blocks per month? I solo mined bitcoin up until the point where I was getting one block in a few months. Yes you can use pools, but there are always costs to that. Even if not fees, you run the risk of getting ripped off by the pool or the pool getting hacked and being unable to make payouts. There does come a point where pools are absolutely necessary, and you just have to accept these costs, but a block every day or every few days is not that point. |
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update on not finding block over weekend. Found a few first 2 days, did not find any Friday night until I stopped it this morning. So I restarted and have found 2 since. Durring the weekend it showed a hashrate and shows connections & alt chains etc etc as usual. weird... working at the moment so
Consistent with luck. |
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Even if it doesn't look like it, i still believe that difficulty is slowing down and let me explain you my view:
It does look like it if you look in the right place: http://bitcoin.sipa.be/growth.png |
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Also, are BMR's diff numbers directly comparable with BCN or is an adjustment needed? I think Xdragon is just having bad luck but it'd be good to know.
Multiply the BMR number by two |
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What is the reward formula of BMR ?
The reward formula is similar to bytecoin except the denominator is 4x larger (plus the decimal is shifted, but that is just a difference in display, atomic units are unaffected) Does it mean that the first block reward was (2^64-1)/2^22 =~ 2^42 =~ 4,398046511×10¹² = 4,398,046,511,000 I'm confused ! It's 2^20 and that's atomic units. For display you have to move the decimal 12 places. EDIT: yes your edit looks right |
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What is the reward formula of BMR ?
And why is the reward split in multiple entries ?
The reward formula is similar to bytecoin except the denominator is 4x larger (plus the decimal is shifted, but that is just a difference in display, atomic units are unaffected) All payments are split up by digit to improve anonymity. |
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Arf fraking summer time shift ... I'll outbid myself just for the fun of it : 1.2 BMR  Winning bid. I will PM for payment. BMR sent ! BTC sent. |
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Arf fraking summer time shift ... I'll outbid myself just for the fun of it : 1.2 BMR Winning bid. I will PM for payment. |
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