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News: Due to BIP91, it would starting now be prudent to require 5x more confirmations than usual before trusting transactions.
 
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Question: Before PoA, do we need merged mining?
Merged mining is a good idea
We do not need merged mining
We need only PoA
We need both merged mining and PoA

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Author Topic: [ANN] DigitalNote |XDN| - ICCO Announce - NEWS  (Read 341370 times)
jwinterm
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May 21, 2016, 05:25:33 AM
 #861

Any plans to go to merge-mining? It seems the majority voted for auxpow or auxpow+PoA, and the hashrate is getting really quite low (about 15 nice GPUs or CPUs make up the entire network at the moment).
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kkraus69
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May 21, 2016, 06:13:37 AM
 #862

I've been diligently running my I5-2500k which has been hashing around 125 H/s for almost two years.
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May 21, 2016, 06:28:02 AM
 #863

I've been diligently running my I5-2500k which has been hashing around 125 H/s for almost two years.

That's nice, but:
Quote
Network hashrate
14.27 kH/s

This means the network could be 51% attacked by a home miner or someone with about 12 AWS instances (which you could run for a month with a $15 credit bought with BTC). Just asking if auxpow is in the cards, as that would probably boost hashrate up to at least a couple Mh/s.
dNote
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May 21, 2016, 09:18:31 AM
 #864

I've been diligently running my I5-2500k which has been hashing around 125 H/s for almost two years.

Much appreciate your support!

DigitalNote XDN website http://digitalnote.org
XDN 1st blockchain deposits with interest & instant untraceable crypto messages GUI https://github.com/xdn-project/digitalnotewallet/releases
Bitcointalk topic https://bitcointalk.org/index.php?topic=1082745.new#new
dNote
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May 21, 2016, 09:33:00 AM
 #865

I've been diligently running my I5-2500k which has been hashing around 125 H/s for almost two years.

That's nice, but:
Quote
Network hashrate
14.27 kH/s

This means the network could be 51% attacked by a home miner or someone with about 12 AWS instances (which you could run for a month with a $15 credit bought with BTC). Just asking if auxpow is in the cards, as that would probably boost hashrate up to at least a couple Mh/s.

This is absolutely relevant fear, low network hash rate don`t give an opportunity for investors to buy. And low prices don`t give profits to miners, so hashrate is low.

That is why we are working on PoA. We still have no decision about merge-mining.

PoA is a very hard work with lots of tests and experiments. But as i said many times, when done, XDN will be, i guess, the most secure cryptocurrency and moreover more decentralized.

By the way XDN deposit itself is a first step to PoA. With original cryptonote source code we can`t implement PoA and PoS.
We don`t give a dates about PoA, i really hope we will finish it this summer, can be sooner or later.
Also we keep work with new features.
Soon you will see some.

DigitalNote XDN website http://digitalnote.org
XDN 1st blockchain deposits with interest & instant untraceable crypto messages GUI https://github.com/xdn-project/digitalnotewallet/releases
Bitcointalk topic https://bitcointalk.org/index.php?topic=1082745.new#new
CryptoJohn
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May 26, 2016, 05:07:57 AM
 #866

Love this project and appreciate the effort of all those involved.


Darknotenan
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May 26, 2016, 03:14:13 PM
 #867

I've been diligently running my I5-2500k which has been hashing around 125 H/s for almost two years.

That's nice, but:
Quote
Network hashrate
14.27 kH/s

This means the network could be 51% attacked by a home miner or someone with about 12 AWS instances (which you could run for a month with a $15 credit bought with BTC). Just asking if auxpow is in the cards, as that would probably boost hashrate up to at least a couple Mh/s.

This is absolutely relevant fear, low network hash rate don`t give an opportunity for investors to buy. And low prices don`t give profits to miners, so hashrate is low.

That is why we are working on PoA. We still have no decision about merge-mining.

PoA is a very hard work with lots of tests and experiments. But as i said many times, when done, XDN will be, i guess, the most secure cryptocurrency and moreover more decentralized.

By the way XDN deposit itself is a first step to PoA. With original cryptonote source code we can`t implement PoA and PoS.
We don`t give a dates about PoA, i really hope we will finish it this summer, can be sooner or later.
Also we keep work with new features.
Soon you will see some.


I dont think prices should be an issue. 3 days ago I found a client who wants to buy from me 8,000 XDN for $100 USD which is my spot price. I beleive all miners should ignore online prices and sell a little above production cost to where they can make a profit. Isn't that what the precious metals industry is doing? We should do the same.

XDN Address: xdn.io/name/digitalnotenan
CryptoJohn
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May 27, 2016, 06:02:13 AM
 #868

I dont think prices should be an issue. 3 days ago I found a client who wants to buy from me 8,000 XDN for $100 USD which is my spot price. I beleive all miners should ignore online prices and sell a little above production cost to where they can make a profit. Isn't that what the precious metals industry is doing? We should do the same.

Dont go acting mature and thinking about ways to ensure success for the crypto ecosystem  Undecided

Another benefit to your above technique is getting XDN in more hands by any means possible. The more people that hold XDN the greater the desire for and chance of success.

I've read things like "the alts are nothing more than a testbed for btc" or "all alts are scams". To that I say BS and GTFO of here with sidechains being the answer to btc's shortcomings.
BTC is antiquated and with the right innovation and outreach one of the technologically advanced alts is going to take over....and no, not ETH ffs.


Check out this article "Why Fast Followers Beat First Movers" http://bit.ly/1qNwH4S
It discusses various market changes like those below.

AltaVista -> Google
Napster -> iTunes
VisiCalc -> Lotus 123 -> Excel
Word Perfect -> Word
Netscape -> Internet Explorer
Apple Newton -> Palm Pilot -> Blackberry
IBM PC -> Compaq -> Dell
Double Click -> Google Ad Sense
Ofoto -> Flickr
Compuserve -> AOL -> @Home -> Comcast & Verizon
Nintendo –> Xbox
Friendster –> Facebook
Blackberry –> iPhone
BTC ->
 

Jayjay04
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May 27, 2016, 05:35:05 PM
 #869

I've been diligently running my I5-2500k which has been hashing around 125 H/s for almost two years.

That's nice, but:
Quote
Network hashrate
14.27 kH/s

This means the network could be 51% attacked by a home miner or someone with about 12 AWS instances (which you could run for a month with a $15 credit bought with BTC). Just asking if auxpow is in the cards, as that would probably boost hashrate up to at least a couple Mh/s.

This is absolutely relevant fear, low network hash rate don`t give an opportunity for investors to buy. And low prices don`t give profits to miners, so hashrate is low.

That is why we are working on PoA. We still have no decision about merge-mining.

PoA is a very hard work with lots of tests and experiments. But as i said many times, when done, XDN will be, i guess, the most secure cryptocurrency and moreover more decentralized.

By the way XDN deposit itself is a first step to PoA. With original cryptonote source code we can`t implement PoA and PoS.
We don`t give a dates about PoA, i really hope we will finish it this summer, can be sooner or later.
Also we keep work with new features.
Soon you will see some.


I dont think prices should be an issue. 3 days ago I found a client who wants to buy from me 8,000 XDN for $100 USD which is my spot price. I beleive all miners should ignore online prices and sell a little above production cost to where they can make a profit. Isn't that what the precious metals industry is doing? We should do the same.

Are you kidding ?
I got 2 000 000 xdn waiting Wink

Giga Watt Token Launch
June 2, 2017 - July 31, 2017
kkraus69
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May 27, 2016, 07:18:46 PM
 #870

Not kidding at all...  Wink

Right now, the supply ratio between bitcoin and DigitalNote is about 1:441. Today the current market cap of bitcoin is over 7.4 billion USD at $472 each and will be going way higher soon in my opinion. $7.4 billion is minuscule compared to the world's fiat money supply. Simple mathematics shows that when the XDN supply matches the current bitcoin USD market value sometime in the future, each coin will be worth over $1 each.

$8,000 fiat USD for 8,000 XDN looks pretty good. Too bad I dislike what the mighty dollar stands for. these days.

Remember the sixth perfect number? 2^16(2^17 - 1) = 8589869056 = 111111111111111110000000000000000

DigitalNote, better than bitcoin.

Oh yes,  an XDN currency symbol would look good in front of 8000XDN..
Jayjay04
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May 27, 2016, 09:01:33 PM
 #871

Not kidding at all...  Wink

Right now, the supply ratio between bitcoin and DigitalNote is about 1:441. Today the current market cap of bitcoin is over 7.4 billion USD at $472 each and will be going way higher soon in my opinion. $7.4 billion is minuscule compared to the world's fiat money supply. Simple mathematics shows that when the XDN supply matches the current bitcoin USD market value sometime in the future, each coin will be worth over $1 each.

$8,000 fiat USD for 8,000 XDN looks pretty good. Too bad I dislike what the mighty dollar stands for. these days.

Remember the sixth perfect number? 2^16(2^17 - 1) = 8589869056 = 111111111111111110000000000000000

DigitalNote, better than bitcoin.

Oh yes,  an XDN currency symbol would look good in front of 8000XDN..

This is all very beautiful, but XDN need a real purpose to gain exposure and value.

Giga Watt Token Launch
June 2, 2017 - July 31, 2017
kkraus69
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May 27, 2016, 09:34:13 PM
 #872

DigitalNote is; a new conception of currency, one untethered by traditional restrictions like state monetary policy just like bitcoin but better.
Time will tell.

That answer is, “Use it!”

We are in the early days of a revolution by the people for the people.
dNote
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May 27, 2016, 11:11:42 PM
 #873


I dont think prices should be an issue. 3 days ago I found a client who wants to buy from me 8,000 XDN for $100 USD which is my spot price. I beleive all miners should ignore online prices and sell a little above production cost to where they can make a profit. Isn't that what the precious metals industry is doing? We should do the same.

For sure you can sell on any price you want and do what you want, but you should tell the whole story and notice about current market and exchange price. Please, never mislead users, you can do some profit with XDN education, you can show current features and you can teach people.
Thank you for support.


DigitalNote XDN website http://digitalnote.org
XDN 1st blockchain deposits with interest & instant untraceable crypto messages GUI https://github.com/xdn-project/digitalnotewallet/releases
Bitcointalk topic https://bitcointalk.org/index.php?topic=1082745.new#new
dNote
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May 27, 2016, 11:17:04 PM
 #874


This is all very beautiful, but XDN need a real purpose to gain exposure and value.

Lets start with the most secure decentralized messenger  Wink

DigitalNote XDN website http://digitalnote.org
XDN 1st blockchain deposits with interest & instant untraceable crypto messages GUI https://github.com/xdn-project/digitalnotewallet/releases
Bitcointalk topic https://bitcointalk.org/index.php?topic=1082745.new#new
kkraus69
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May 29, 2016, 05:18:59 PM
 #875

By the way...

Tomorrow,
May 3oth is XDN's second year anniversary! Cheesy

of the blockchain
dNote
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May 29, 2016, 08:26:59 PM
 #876

By the way...

Tomorrow,
May 3oth is XDN's second year anniversary! Cheesy

of the blockchain

And the releases week is coming  Wink

DigitalNote XDN website http://digitalnote.org
XDN 1st blockchain deposits with interest & instant untraceable crypto messages GUI https://github.com/xdn-project/digitalnotewallet/releases
Bitcointalk topic https://bitcointalk.org/index.php?topic=1082745.new#new
kkraus69
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May 29, 2016, 09:17:43 PM
 #877

Exactly what I'm dreaming of...    Grin

There is such a large demand in the world coming for encryption and I am looking forward to seeing it within the underlying soul of DigitalNote.
CryptoJohn
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May 30, 2016, 05:30:50 AM
 #878

         Happy 2nd Birthday Digitalnote


kkraus69
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May 30, 2016, 05:57:27 AM
 #879

Happy Birthday!
bytemuma
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May 30, 2016, 08:47:54 AM
 #880

Happy 2nd Birthday XDN Digitalnote  Grin
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