I didn't understand few things , mates. Which algo will be mining and when do we start that project.
The concept is interesting to me...
As of now we are sticking with the Dagger hybrid used by Ethereum. (GPU based) Many people are requesting we change to whatever algo they own the most rigs of, and I understand that reasoning, I would definitely want SHA-256 if it was based on what I own the most of. Before this can launch we need a few more team members. We know people that can do this, but we also need them to have free time and to be available. blockexplorer: node buildbot: python (Team members) Not essential as we can do this, but could use pro web design and a smart contract guru. Once we have the team finalized we will be a lot closer to launching. Note: team members would be paid in EXP. I would like to join, I have few concepts that I have already worked on for liquid. I don't think we should make competitng forks I think we should build together. https://bitcointalk.org/index.php?topic=1149444.0 |
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POS model is good and can secure the network well, also electricity cost is completely reduced. But POS leads to inflation and devalueing, this is why POW and complete fixed supply. I chose to distribute it first like this because many serious issues have to be patched because there is serious vulnerabilities within it. Keep up the conversation its good getting input from the community first.
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quark still has gpu mining, basically X6+3 are you planning on ripping out Ethereum's chain style and replacing it with an x11 or quark mining? at first it sounded like youd do x11 or anything just for initial distribuion then allow ethereum style mining to continue on a new chain once you sort out a gui or webwallet to run on top of an ethereum fork.
As you said this is just for the initial distribution, eventually when side chains are in effect we strengthen the network using multiple networks, thats why the private, public blockchains which will be developed in the plan. But I want it to be a fair launch as much as possible. Thanks for the input Jase need to make this launch as clean and friendly as possible but I don't want to reduce it to standardized private hardware. |
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Seriously? 11 billion. Not sure what this has to do with population size at year 2100. That was your thinking behind it The coin grows with the population size so is not inherently devalued. |
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Thinking of using the Quark algo now since the algorithms are better and it's not really that specialized like X11. I think I may go with Quark for the algo, the forgotten gem of crypto.
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Will this be POW initial distribution? If so X11 is a bad idea as it will just get raped by mining farms.
I'm picking X11 because of CPU friendly meaning that many can mine it. You don't need specialized hardware just CPU power. Plus it's probably the securist algo at this current time apart from SHA-256. Network needs to be secure otherwise it will be useless. X11 hashing hasnt been cpu friendly since 2 weeks after Xcoin (Xcurrency) launched in January 2014... you can get 1G/hash for .37BTC a day on miningrigrentals right now. and would struggle to get 1Mhash out of a cpu? edit to add: you know launching a stable x11 coin will be a gpu rape festival like everything else thats launched lately. ethereum has cpu/gpu and ive been cpu mining since friday with no luck, it'll only get worse once gpu documentation spills out in a more digestible format It's not going to be a 24 hour mining period, the mining period will have to last for years to make POW security even moderately feasible, unless POS method is used, then rich get richer etc. The good thing about x11 it has a number of algos inside it it will be hard to crack them even with most advanced computing methods. |
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Will this be POW initial distribution? If so X11 is a bad idea as it will just get raped by mining farms.
I'm picking X11 because of CPU friendly meaning that many can mine it. You don't need specialized hardware just CPU power. Plus it's probably the securist algo at this current time apart from SHA-256. Network needs to be secure otherwise it will be useless. |
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Yes i've got lots of trouble sending/crediting funds in ETH with my test-pool... tbh currently i'm stuck but in contact with the devs concerning that. If you go X11 and "Standard-Codebase", I'll have a pool ready in a few mins, no prob. Let me know in pm or public portion of funds to keep the pool running for a couple of years, the cpu mining will really help backbone of the network. First thing I have to do is negotiate with pool operators and I'd rather deal with you that is legitimate than others. |
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 INFORMATION. * Make comprehensible GUI. *Improve mining algorithmic integrity. *Smart mining(comprehensible easy to mine gui). *Smart trading(comprehensible easy to trade). *Addition of (flexible) smart contracts. *Creation of private and public block chains. *Smart property limited to digital. *Localized encryption (SHA-256). *Advanced encryption for use of messaging and database encryption (PGP). *Implicity Privacy Function (I.P. Relocation). *Anonymous Decentralized file storage with use of nodes. *Escrow confirmations through nodes. -more to come. LIQUID. |
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I am looking for someone to create a simple/instant/wallet platform.
Private messages please for references.
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It depends what type of machine it is but some have id scanners in them.
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My father was always good to me so I make sure to tell him and my family I love them everyday and try to do the best for them. Being good to your family is one of the best feelings in the world and you will have no regrets. Happy fathers day to everyone, good luck and health for everyone  |
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Nice to see new people coming into the community, firstly welcome. Altcoins are basically new technologies in the same vein as Bitcoin so basically competitive currencies in similar technological value, many have different features and have advantages and disadvantages to Bitcoin. You can check ratings here: https://www.coingecko.com/enYou can trade alternative currencies here: https://bittrex.com or https://poloniex.com |
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What is new and happening with Burst in the future anyone care to give me an update?
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