feel free to move your miners to pools at my sig. never gonna give you up Don't mine your WDC at erundook's pools if you care about WDC at all. Pools with too much hashpower are dangerous for WDC at this stage of the game (15 second block times for WDC mean the block chain can be split by pools that are too powerful) Give a new pool a chance like this which is already starting to pick up: https://bitcointalk.org/index.php?topic=212619.0
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What you can wonder about. You really think that someone else could not open the pool in its place and the same thing happens?
No-one is saying close down Verns pool and open another one. We are saying he should limit new users joining so they are forced to use any other pool than his thus distributing the hash rate rather than having half the network hash in a single pool. It's quite simple.
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His pools are realy good they work great. What he can do about price there would be someone else who will open the pool and the same thing will happen.
I really wonder about people here sometimes.
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Pizza is 100% right. Vern's WDC pool is almost 50% and he doesn't give a fuck that it could split the blockchain. He has a responsibility to manage the hashrate but he is greedy and only cares about his own short term profits.
Don't mine at his pool if you want WDC to have a future. In these early days because WDC has only 15 seconds per block we need to be more careful until hashpower is better distributed. I am boycotting his exchange.
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Sure, and there was talk about this at the Conference and even on the bitcoin development email list.
Post your source for this?
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Is Vipah connected to MinCoin somehow?
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People really need to flock to pools like yours rather than the two biggest ones. The 15 second gaps means we can't afford to have a single pool with even 40% of the power, the blockchain could split like earlier which means miners waste their time mining if they are on the wrong chain. If the hash power is better distributed this won't happen.
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Just trying out some different ideas here. I think an important part is to keep the logo minimalistic and very legible. My new favourite
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0.000000
Other than "It's faster than LTC!!!" does this coin actually bring any interesting and worthwhile changes to the table? If not, I see no reason it should be worth any more than any other copy-and-paste altchain.
Which interesting and worthwhile change did LTC bring to the table? The addition of scrypt was huge - and considering all these other coins are basing their code off the Litecoin codebase and not Bitcoin I think that speaks for itself... Stop parroting things you've read off the forum. Litecoin wasn't the first crypto to use Scrypt. Not by a long shot. LTC didn't bring any worthwhile changes to the table. I hold >100K LTC and I still say this.
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Guys this is important, please read and don't ignore!
To prevent the blockchain splitting in 2 we need to be really careful about how much hashpower a pool has. I know typically it's the 50% figure pools try to avoid but for 15 second block times like WorldCoin even 40% of the network hashrate could be too risky. I am just pulling numbers out of thin air here, so someone else can feel free to add to this, but I am thinking a pool should shut down registrations at 30%... or even limit mining at 30%.
This won't be a problem once more and more pools spring up and the hash power becomes more distributed but right now this is an issue. I know mining pools want as much of the network hash as possible so they collect more fees but if they have too much hash power it will come at the expense of damaging WorldCoin which in turn damages their profits.
Right now http://www.worldcoinpool.com/ has 2/3 of the network hashrate and growing. Yeah people are retards. How much are those coins you are spending your precious hashes on going to be worth if something really bad happens to the blockchain. Shouldn't have to spell this out but I guess most people really are dumb. Same applies to the pool operator... the term killing a golden goose comes to mind. This shouldnt be a problem in the future when the hash power gets distributed over more pools but for now this important... with 15 second blocks we need to spread awareness
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You do know the guy premined a million coins right?
Guaranteed this will stop the coin ever becoming successful long term.
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Guys this is important, please read and don't ignore!
15 second block times like WorldCoin even 40% of the network hashrate could be too risky.
Very valid point ! I have used this pool, which is currently running under 10%, it has worked nicely and might be a good option if pool you use is getting too popular and risk the blockchain. I'm sure more pools are coming but at the moment WorldCoin is just taking its very first steps and needs some nurseing.. http://wdc.allpoolz.com/Yes people need to use different pools. Pool operators who won't limit users just care about their own short-term profits rather than the health of the currency.
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Guys this is important, please read and don't ignore!
To prevent the blockchain splitting in 2 we need to be really careful about how much hashpower a pool has. I know typically it's the 50% figure pools try to avoid but for 15 second block times like WorldCoin even 40% of the network hashrate could be too risky. I am just pulling numbers out of thin air here, so someone else can feel free to add to this, but I am thinking a pool should shut down registrations at 30%... or even limit mining at 30%.
This won't be a problem once more and more pools spring up and the hash power becomes more distributed but right now this is an issue. I know mining pools want as much of the network hash as possible so they collect more fees but if they have too much hash power it will come at the expense of damaging WorldCoin which in turn damages their profits.
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I am a fulltime webdeveloper for a living and have commercial experience with php, mysql, javascript/jquery and have also worked with ruby and node.js. I can't help on apps, but if you think of any web based projects I could contribute towards let me know (has to be legal though)
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Alt-topics and scam-topics, know the difference.
Why don't you apply your own logic to Litecoin I wonder...
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Added on crptsy? Nice
It's sure one resilient cryptocoin... pretty impressive for a 3 week old crypto to be selling for $30+ per coin.
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I love these guys who just repeat over and over again how Ripple is a scam, yet don't have the balls or the intellect to back up their parroting with an argument. It is my understanding there were a lot of those in the early days of Bitcoin.
We must be living in different parallel universes because I've double checked and you ignored most of the points in my message.
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Nice Megatron! This is the best so far I think This is my favourite so far too. My only gripe is the 'BB' part seems a bit... super-imposed. Also I wonder whether it would look better with the first 'B' not back to front? Or even BTB on it? You've definitely nailed the font style and colour scheme for the 'BitBar accepted' banner, that looks awesome. Thanks! Yeah, my first try didn't have the back to front Bs; I think I personally prefer the backwards B in the logo but I'll happily make any changes if requested! I also prefer the backwards B in the logo... I don't know why but it just looks better lol
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This is the best so far I think This is my favourite so far too. My only gripe is the 'BB' part seems a bit... super-imposed. Also I wonder whether it would look better with the first 'B' not back to front? Or even BTB on it? You've definitely nailed the font style and colour scheme for the 'BitBar accepted' banner, that looks awesome.
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I am a web developer (php, node js, ruby, mysql, javascript/jquery), what can I do to support this project? So long as it's legal I could contribute quite a lot.
There's already a main website up and running, coin explorer, it's appearing on exchanges... is there anything potentially significant I can do to help?
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