tip sent..
Thanks!  |
|
|
|
Can someone that has it working please open debug window and type "getpeerinfo" (without quotations) then paste what is shown here?
http://pastebin.com/Xw4DnyMXThanks, anyone having trouble syncing deletes all nodes from OP and put these instead (worked for me): addnode=198.241.46.170
addnode=162.243.4.85
addnode=211.28.143.54
addnode=46.4.95.176
addnode=192.241.215.76
addnode=111.126.201.199
addnode=14.107.225.71
addnode=162.243.222.26
addnode=144.76.64.123
addnode=89.71.42.172
addnode=212.247.109.253
Tips appreciated MsRVyG4kdQorXKsB3Cv7Efsix8iWoPAXyw |
|
|
|
|
Can someone that has it working please open debug window and type "getpeerinfo" (without quotations) then paste what is shown here?
|
|
|
|
|
WTB @ 250 litoshi each. (0.00000250 LTC)
Any amount, PM me
|
|
|
|
|
Can someone explain to me how this is asic resistant? Has no one heard of moore's law?
The gap between the increasing in memory requirements and the speed at which we develop new memory modules that are faster / contain more memory is completely out of whack.
By the time normal scrypt ascis exist, it'll be able to min vert coin no problem.
|
|
|
|
|
Interesting coin... difficulty is super low yet the network is hardly getting a block/min ? lol
|
|
|
|
|
More like without any blocks being mined, no transactions can occur effectively killing the coin? lol
|
|
|
|
Can someone explain what the Whale Miners are actually doing and why it is causing the freeze ?
Is anyone actually mining coins and getting paid and if so who is, the whale ?
What are the mechanics of this ?
Thanks
Right now whales are doing nothing to fedora, they already did. Our cycle was ~20 diff to 70-120 diff. But this time whales stayed one wave longer and push diff from 71 to 278. After that they switched hash power somewhere else leaving us in even deeper shit. So far 7hrs without a block... This is kind of a big deal and makes me want to sell.... If it takes 7 hours to mine 1 block and we need at least 9 more until difficulty change then it's going to take a long time for a coin that's supposed to only be 1min/block lol... Also gravity is implemented at block 51k? that's not for 209 blocks or 60 days at the current difficulty... |
|
|
|
|
Will there be UTC/LTC and UTC/BTC markets on crypto-trade or just UTC/BTC?
|
|
|
|
Seems like they will have a GPU miner available at launch. Sucks.
In which case, why not just release it as scrypt so that the GPU farms can mine it all up?
I understand the Botnet fears, but for the first day or so it could be a true CPU only, then someone will amend cgminer no doubt.
Would be very, very helpful if you put a link in here, where it ACTUALLY says it will be mineable with GPU's. cmon, even QRK is gpu mineable. all super secure hashing coins can be mined with a GPU. you just need a good coder. the devs seem to have all the resources to have a gpu miner coded for this coin. mark my words, one will be released waay after the launch date, and we will take it as great news, even though there was one made FOR THE LAUNCH. Keiser would be a dumbass not to have one ready. Better for them if they already have it and don't release it on launch... Something to think about |
|
|
|
|
Buying 10k / BTC, send PM.
|
|
|
|
Help? I haven't received an email from http://utc.idcray.com/Use GMX provider... Not in spam either. Any ideas? |
|
|
|
So I think I finally got the solo miner running.
R9 280X only getting 475 kh's but no Accepted or Rejects.
Says New block detected on network.
Does this mean I am actually solo mining and are those blocks I am finding?
This is a huge accomplishment for me if I am actually solo mining. Been trying for a month now. Well with out solo mining from the wallet.
This means it's working but you're not the one finding blocks... You'll know if you find a block because you'll see "Accepted" and your wallet should get coins in it! |
|
|
|
I counted all TIPS traded on cryptsy since it got on market and it is total number of 105.000.000.000 traded on cryptsy (traded, not waiting orders). Now, there are total number of 112.000.000.000 TIPS mined so far. Something is very bad here, who is selling all those TIPS at low price and it seams that someone have all TIPS that were mined! I am wrong?
Yes, very wrong lol. I have probably traded close to 500 million TIPS yet i haven't ever mined them and currently own 0. I've done this by buying and selling TIPS multiple times in ~1.5 BTC amounts (buy at 58, sell at 64, buy at 60, sell at 62 etc) I lost a lot because i bought at 120 originally but have been able to slowly recoup some losses from buying and selling like this. |
|
|
|
|
I have 750SMC, tried to send them to coinmarket and it requires 5.5 SMC fee??!
Crazy fee built into client lol
*update* - Sent it in 8 different transactions for 0 fee... seems kinda silly?
I thought in bitcoin, high value transfers don't require a fee and get processed fast whereas small transactions need a fee to give incentive to the block finder to include that transaction in their block... same doesn't happen with Smartcoin?
|
|
|
|
Level 1 coins have the same diminishing returns that level 2 coins have. So 1,000 level coin in one year gives 200. Then 300 in year two. Then 350 year 3.
Far less than level 2 coins. These are more for long term holders. Assuming that you burn the additional coins from the Level 2.
1 Level 2 coin in one year gives 1,000 coins. You burn that. Now you have 1 coin that will give you 500, and one that will give you 1000.
In 8 months you get enough to burn another one. You now have a coin that gives 1000, one that gives 700 and one that gives 300.
Now in 6 months you get enough to burn one. And so on and so forth, this is the best long term ratio to create income.
Eventually you will be generating enough LV1 to allow for monthly, weekly, or even daily burning.
If the coin catches on, you might be able to live off of the residual if you stick to this game plan from day 1 and never falter.
What happens after a transaction? how much will 1000 Level 1 coins make that are 2 years old after they transferred into another wallet? Will they start making 200/year again? When not then older Level1 coins will lose value? When I have 1000 one year old and 1000 two year old LvL1s and sell 1000 which one of these will get transferred? I don't get this diminishing thing. Good question. Lv2 coins can't be transferred so diminishing returns on PoS for them could work. Lv1 coins however can be transferred... which ones are chosen from the wallet? Do they only start generating other Lv1 coins after a certain coinage (like PPC)? e.g. they must be idle for 30 days before they start to generate Lv1 coins... |
|
|
|
|
Oops rewards halves yearly, not decreases by 5%... similar point tho.
|
|
|
|
Level 1 coins have the same diminishing returns that level 2 coins have. So 1,000 level coin in one year gives 200. Then 300 in year two. Then 350 year 3.
Far less than level 2 coins. These are more for long term holders. Assuming that you burn the additional coins from the Level 2.
1 Level 2 coin in one year gives 1,000 coins. You burn that. Now you have 1 coin that will give you 500, and one that will give you 1000.
In 8 months you get enough to burn another one. You now have a coin that gives 1000, one that gives 700 and one that gives 300.
Now in 6 months you get enough to burn one. And so on and so forth, this is the best long term ratio to create income.
Eventually you will be generating enough LV1 to allow for monthly, weekly, or even daily burning.
If the coin catches on, you might be able to live off of the residual if you stick to this game plan from day 1 and never falter.
Ah ok so both coins have diminishing PoS rewards, interesting. Thanks for clarifying. *edit* - Another question: This means that the initial reward for Lv1 coins must be higher for it to decrease over time to average out ~200 a year? I presume, since the second year they yield 15%/yr (on average) that when they are first created they must effectively gain 22.5%/year, gradually declining to 17.5%/yr? Second year would be 17.5% --> 12.5% etc. Coins created from *any* Lv1 coin will start at 22.5%/yr effective PoS regardless of the coin that minted them? |
|
|
|
|
Solution(?): Lv2 coins produce a minimum of 200 Lv1 coins/year (same as holding 1,000 Lv1). Preferably with slower decline.
|
|
|
|
If the PoS reward for Lv1 and Lv2 coins decreases over time... I'm assuming it would be best to hold Lv1 coins for a while before burning them (initially) as they will have low coinage and thus generate Lv1 coins faster than if they were older.
Once a certain point has been reached, I assume burning them to Lv2 would then be far more beneficial as they no longer generate very many Lv1 coins by themselves...
Do you have more information on the rate of decay of the PoS from Lv1 and Lv2 coins? 100% ROI in 1 year from Lv2, and then what's the rate? Approx 1,000 coins in a year, 1,250 coins in 2 years? 1,300 in 3 ... etc.
Thanks.
It is more profitable to immediately burn to LV2, hold all LV1 generated until the ROI is achieved, them burn another one. You then ride the profit from the first LV2 coin and make additional profit from the newly created LV2 coin. The rate of decay is 1,000 in a year, 1500 in two years, 1750 in three years, 1875 in four, and so on. This does not factor in coins generated from the LV1 made. Ah so only Lv2 coin rewards diminish? Interesting really... 1,000 Lv1 coins generate 200 coins /yr anyway, so actually holding Lv1 coins for the first year you are ahead of generating Lv2 and holding. Then if you look at year 2... 1,200 coins produce 1,440 coins which is only 60 less than if you burnt the 1,000 to Lv2 at the beginning. Then year 3 holding Lv1 coins catches up to the Lv2 burnt with 1,728 coins vs 1,750 Year 4, Lv1 will have netted 2,074 and Lv2 will never catch up. The risk of holding Lv2 coins just for 60 more Lv1 coins after 2 years is far outweighed by the chance that LevelCoin isn't worth anything in that time frame imo. |
|
|
|
|
Show Posts
