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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
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on: December 23, 2016, 09:42:17 AM
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guys, really want to buy lisk, but i am afraid of price falling(( What happened to LSK?
I personnaly created my LSK bag at different prices. Buying everytime you think the price reached a support and that this last one won't be broken isn't unsensed. If the support is held, price will necessarly increases of a few percent, so you can do some decent profit. If the support gets broken, keep and eye on the chart and rebuy at the next support if you believe in it strongness and in the project. Just a thought. \ i have decided, that i will wait till price will be 14k satoshi or near it and will buy LSK. Think, that BTC bullrun will dump all alts prices. And of course, i am waiting a great profit with LSk. But not sooner than 14k.
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1175
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Zcash 10$ +/-
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on: November 25, 2016, 09:13:05 AM
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everybody tell about price near 10$ but now everything is fine. after downtrend zec went up. and dont forget that now it is a btc bullrun.
It is possible that the ZEC has already reached the bottom. So it might hover around the current level for some time. Its just a fake out for me when i saw on the recent price of ZEC just like what happen when it was just 0.2 before, it raises up a little bit and some people already said that time this is the beginning price increase of zec but those hope do fail because it really even dumped even more and now the lowest price is 0.02 and not starting to cling up but i still dont believe on this coin. what will tell now? from 0.08 to 0.014 in one day. looks like good.
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1176
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin - The Zerocoin cryptocurrency, guaranteeing financial privacy
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on: November 25, 2016, 09:10:50 AM
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To those who wish to find out more about MTP and why it is important: http://blog.zcoin.tech/what-is-mtp-merkle-tree-proof-and-why-it-is-important-to-zcoin/Zcoin is working to be the first cryptocurrency to implement MTP as a proof of work algorithm and work is ongoing. As the foundation of a coin’s security with also fundamental implications as to distribution and also verification speed, implementation of MTP is very high on our list of priorities and in our roadmap. Implementation of MTP is also expected to bring down wallet initialization times due to its fast verification as compared to the current stop gap Lyra2 implementation. The MTP algorithm was devised by Alex Biryukov and Dmitry Khovratovich from the University of Luxembourg in their paper published on the 11 June 2016 titled Egalitarian Computing. These are the same researchers who came up with Equihash that is currently used in ZCash. Egalitarian ComputingMTP was created as a way to remedy the disparity between ordinary users and adversaries/cheaters where the latter could use botnets, GPU, FPGA and ASICS to gain a significant advantage and mount a cheaper attack. The basic concept is that it should establish the same price/cost for a single computation unit on all platforms. This means that no single device should gain a significant advantage over another for the same price hence promoting egalitarian computing. With egalitarian computing, attackers would need to spend the same amount as ordinary users for equivalent ‘hashing’ power. As attackers need to usesimilar hardware as ordinary users, automated large-scale attacks become no longer possible. This combined with the fact hashing in MTP is highly memory intensive, users infected by trojans to participate in botnets would experience noticeable performance degradation and therefore more likely to suspect something is amiss. Massive centralization can be seen with many existing proof of work algorithms such as SHA256 (Bitcoin), Scrypt (Litecoin, Dogecoin) and X11 (Dash) where hashing power is centralized in ASIC farms and normal users are not incentivised to participate in the security of the network. Even in newer schemes such as Ethash which is used in Ethereum, although it is deliberately designed to be GPU friendly (more than a 100x more efficient than on a CPU), this still encourages GPU farms and centralization. Equihash despite it being memory hard, is not sequentially memory hard, meaning it can be mostly parallelized which makes development of ASICs more likely. This doesn’t mean that we discourage GPU mining, but with MTP it is foreseen that even with GPUs mining, CPU mining would still remain competitive. Fast and lightweight VerificationMTP although it is computationally and memory intensive to find the solution, once found, its solution can be quickly and efficiently verified without requiring a lot of memory. This is important since by keeping verification quick, this makes the network more resistant to DoS attacks that target verifiers. It also allows lightweight hardware such as smartphones to perform verification which is not possible on many other hard memory hard algorithms. Verification speed of MTP is also expected to be faster than Equihash. Source: https://www.usenix.org/system/files/conference/usenixsecurity16/sec16_paper_biryukov.pdfThere may also be a possibility that as MTP uses merkle-trees, merkle-tree optimizations may be possible and this is an area we are researching into. Progress FreeA mining algorithm should be ‘progress-free’ meaning that mining must be a stochastic process where there is always a non-zero chance that the solution is found and being independent of any previous events. This prevents centralization and mitigates network delays. Therefore a mining algorithm with an ‘initialization phase’ is not truly progress-free since the chances of finding a solution when initializing is zero. This is one of the main reasons why Biryukov and Khovratovich decided to develop MTP despite already developing Equihash since Equihash still requires a long initialization phase that certifies the memory allocation and is therefore not ‘progress-free’. It is believed that the shorter an initialization phase, the more decentralized mining can be since everyone starts from an even playing field and economies of scale or network location plays much less a role in mining efficiency. SummaryMTP is an amazing new mining algorithm that is high performance, high security and promotes egalitarian computing. Zcoin intends to be the first to implement this and we forsee that MTP will offer good future proofing. Being a privacy centric coin, it is even more important that mining power is decentralized and as such we are focusing on working on the very core of Zcoin’s security first before embarking on other features. We hope to finish MTP implementation in the coming months. this news is very important for me. I believe that The price will increase now and who quickly catch up with this information will buy cheap price to day and today is a black friday . nice info, but.. MTp implementation will be in some MONTHS. not now. and in some months price can go down again. unfortunately xzc community has a lot of miners, who only dump coins. But, of course, i wait MTP like a new years morning) good luck devs.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][GNT] Golem Project - The world’s most powerful supercomputer
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on: November 25, 2016, 08:56:07 AM
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the GNT trolls are in full blown panic especially with the latest news that mETH is in trouble.....
What is mETH? I was hoping to buy it at a discount once it became publicly traded on a major exchange for like a 20% discount, but now even 50% below ICO seems somewhat pricy.
50 % below ICO? Where? he is just saying that for him 50% below ICO is still expensive... not saying that you can buy some at these prices... wait for a little and maybe you will see this price. of courese, if everything will goes it the same way as now.
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1179
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Economy / Trading Discussion / Re: Best Investments
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on: November 25, 2016, 08:54:41 AM
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As for me - I like ICO. For example the last one - Golemproject. Made easy x2. But now it is 1:1. Also I am waiting for gnosis and filecoin. And my advice - don't be a greedy bagholder - try to work quickly, made x2-x3 and good by coin, the next one)
As we can see that the price of bitcoin is regularly increasing. To me, I think the best investment in the present time is to hold bitcoin and not to invest it anywhere else. But you must remain patient and not to invest or use bitcoin in anywhere else in mean time. Most of bitcoin investors slip in this point due to lack of patience. but it is very slow method - to sit on your bitcoins. And it is not work if you do not have a big amount of bitcoins. I thought, we were speaking about a least x2 money making.
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