It would be great if the auto-build could establish a hassle free solo miner operation instantly. This would rule out pools but create a problem with the blockreward. The blockreward should be equally divided. Do you think a decentralised divide system can be build in the scrypt?

Thanks for your thoughts.

The lock is intended to both secure and stop wasting power. The idea is that people run the software when their computer is already on while it doesnt affect speed and PSU usage.

Why? Because it is harder / more expensive to earn more than average doesnt mean its impossible. This coin is not intended to be the new Cuba coin.

Thanks. I am not going to build it.

If things seem to be possible i will pay for development.

Start from scratch (none existing scrypt):

It it possible to:

-  Create auto-build wallet/interface for all platforms that automatically start mining
- "lock" incoming hashing power per IP adres to a few kh/s and share the blockreward equally between miners
-  Establish a USB security/payment key with the desktop wallet interface.
-  DNS like function (before you connect to the network for the first time, add custom name)

Together with very fast transactions the system could look like:

Installation / setup

1. dowload & install wallet / interface
2. add custom adres name and pass
3. connect to network (start mining instantly)
4. insert empty USB
5. select USB in the wallet interface and click create USB KEY
6. after the USB KEY is ready shut down internet and newly created desktop wallet
7. auto launch USB KEY and insert/save custom 4 digit pin
8. reconnect with internet and open desktop wallet
9. insert 4 digit pin and acces (this will now only work with the USB stick attached)
10. set USB stick parameters (max amount per day, etc)

Payment online (desktop)

1. insert payment adres or name
2. insert amount
3. connect USB
4. insert pin
5. send

Payment with USB

1. insert USB in newly to develop USB payment terminal
2. insert pin
3. send

Interesting:    https://bitcointalk.org/index.php?topic=525056.new#new

Are there any investors here?
Today at 03:43:18 PM
Reply with quote  #1
My 2 older brothers have been working on a good business idea. It's been in the works now for about 18months but both of them are at University and working so they had to put it on hold in recent months. They proposed the idea to me recently and wanted me on board, I had plans to invest but mtgox kind of stole all my funds (lol?). We have a business plan drafted up and I believe it is a great opportunity for investors.

I know this seems spam/scammy but I don't want to give any details away on this public domain.

I am only testing the water here but am curious if there are any people(s) interested in investing in what will be a successful family run company. And quite a cool one too!

The initial investment they were looking for is £10,000 - terms negotiable.

This is a serious proposition so please contact me for more details. Let's talk business!

PM if this tickles your fancy (US translation: if you are interested) Wink

Thank you.
   

You are not very smart, are you?

Advice on starting a new life with 15k:
https://bitcointalk.org/index.php?topic=453601.0

You don't know how to get a life and now think you get this money to run-away with?

Does this coin offer resistance against crypt-asic miners?

Imagine that you lost your furtune via openex, coinex, cryptorush or poloniex like so many. Than you would still be crying.

Is this for real? Cryptsy has never been hacked nor funds been stolen.

You are the owner of hacked exchange openex right? And now have debts to your clients?

Probably you can use your time to find a job and pay your debts.

I really wonder whats wrong with some people. Imagine running a jewelry store or money exchange without insurance, beeing robbed several times, waiting for the final blow before thinking about security. There are no words to describe this way of working.

It is quite obvious that you are not capable of running a business like this. No one should support this and give the owner new confidence over and over. This wont work.

I found your first post from 15-09-2012 and wonder how you managed to end like this? I really want to know what you did during past year and a half if you want to share.

Personally i had a bit more luck obviously and realize that well. Because of that, and because of your sad story (wheter its true or not), i want to help you a little bit. Since i started trading some coins (started late 2013) i have made more good than bad choices but still have some "mistake" coins in hand. I want to send you 3m lottocoins, 20 rpc coins, 100k teslacoin and a few more i cant name right now. This would probably give you a small chance of making some money in the future but i would advice you to stop fulltime (?) timewaisting and get a job. In your case, you would have had hundreds of btc's now if you invested a few bucks back in 2012 which didn't happend. I gues because you were making wrong choices. Buy some coins now or keep the ones i will send you, find a job, and check once in a while. Thus you still have the idea you are in the game but don't loose your time with it.

I hope you can find joy in life and send the coins mentoined when you pm or post your adresses (follow the advice of others when setting up your new account so you wont get caught again!)

So it is possible to run a more or less safe exchange right?

It is really sad that some people dare to start an exchange like its a webshop.

Are you sure?

A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent.

Unless you were last in line and everyone else received its money back you really can't say this is trust worthy. Right on this moment the guy can't pay its debts and depends on new "investors" to pay back everyone, right?

For this person, i have not a single good word. He had the chance to change his behaviour multiple times, but didn't. Check this (from: https://bitcointalk.org/index.php?topic=231217.20):

DENIAL   
Re: Scammer - User: r3wt (Attempted extortion, sockpuppet)
June 12, 2013, 11:50:16 AM
Reply with quote  #27
Quote from: r3wt on June 12, 2013, 06:38:02 AM
fuck off douche quit trying to extort me. i already told you i don't give a fuck if you leave the negative feedback up. people who know me know im not  a scammer so fuck you and all your little bitch buddies trying to extort me.

BACKUP   
Re: Scammer - User: r3wt (Attempted extortion, sockpuppet)
July 12, 2013, 08:55:31 PM
Reply with quote  #30
Quote from zackclark70: July 12, 2013, 08:55:31 PM
I have never had any problems with r3wt I have talked to him a lot on this forum 

AGAIN DENIAL   
Re: Scammer - User: r3wt (Attempted extortion, sockpuppet)
July 12, 2013, 09:38:06 PM
Reply with quote  #31
Quote from r3wt: July 12, 2013, 09:38:06 PM
trolls be trollin. it's what gives me the strength to say "Fuck satan right in his motherfuckin face!"

THEN, SUDDENLY   
Re: Scammer - User: r3wt (Attempted extortion, sockpuppet)
September 17, 2013, 06:46:10 PM
Reply with quote  #32
Quote from r3wt: September 17, 2013, 06:46:10 PM
i admit it. there was no hacker that hacked my account. i was trying to scam bdub and got caught.extortion was my account too and so was wikileaks lover. all i can say is that i had zero bitcoins and felt like i was never going to get any going around to the faucets everyday collecting bitcents. good thing i got out of the scamming business, i would have never made any btc if i had continued down that path. i apologize for my trespass and accept the scamtag for being untrustworthy on multiple occasions.

people i scammed/tried to scam
bdub .01 btc(extortion account)--never collected
igotspots .4 btc(gascoin)--unpaid, working on mining .4 btc to repay him
microguy 6500 gld(gld faucet)--repaid
Vlad2Vlad 100k NUG's(tried to take them from him)--returned and apologized
garr255(bid one of his auctions to 50,000 usd on bitmit and cancelled the orders)--apologized

To everyone: history repeats itself. Believe what you want 

Excusatio non petita accusatio manifesta. The more you talk the more i feel you are involved in this theft.

How can you "proof" you were not involved ? Its impossible, just like it is to prove you are involved. You took the risk and are legally responsible for your debts right?

I guess when its gets to hot you magically receive the btc's back again so there is some hope at least.

I personally would put a lawyer on this case if i lost more than a few btc on your website unless you are anonymous or operate with a LLC. Beside i wouldnt just wait for you to pay your debts (how can you guarantee that you are able to?).

I think you misunderstand the definition of responsibility. If you didnt insured your business you are responsible for theft. You cant blame the thieve if you made a mistake by yourself (security and limited personal liquidity) or at least underestimated the risk envolved.

Nevertheless i hope people get their money back and wish you luck.

If so, is there not a single person trying to get something done? Is he anonymous?

Wheter this site was hacked or not: you should be responsible for all losses unless you set up a LLC at start or have a good insurance.

I wonder what you were thinking at the time you started with this.

Nederland is uniek voor wat betreft de Heffing in box 3 beleggingen. Proberen deze te omzeilen is uiterst dom en een prachtig voorbeeld van penny wise pound foolish. Geef de overheid geen enkele kans en geef alles op of zit op blaren in het slechtste geval.

Nederlanders....

For Velocity coin we need a working ABE block explorer that show total coins.

Bounty: 15k VEL at least.

PM me for more information or put your message in this topic. Thanks!