sambiohazard
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December 29, 2015, 03:21:44 PM |
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wow! For the article i would say, what a well arranged click-bait article. I think author never visited this thread. For ethereum comment, i would say Vitalik's comment was for altcoins in general and he will change his opinion once he will see the code & talk with decred devs. I don't know if the other comment from co-founder is well informed. For bitnation comment, i will just post this link of an interview before bitnation launch https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-157-competitive-governance. You can decide how qualified she is to comment after listening to that interview which ironically mentions misleading cointelegraph article on bitnation. For the NXT comment, once again i think people will change their opinion once source code is released on github. I think white papers are not enough. That is what he seems to be referring to with "plans". So that is my opinion, if anyone can put this or a link to this post in a comment there it will be appreciated. Thanks
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sambiohazard
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December 29, 2015, 03:51:18 PM |
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Thanks sp_ i hope you get some donations and some kind of bounty from devs. I will surely donate once i mine some decred
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sp_
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Merit: 1087
Team Black developer
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December 29, 2015, 03:54:46 PM |
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oops. The numbers are for 8 rounds of blake and not 14 rounds.
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sambiohazard
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December 29, 2015, 04:02:13 PM |
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oops. The numbers are for 8 rounds of blake and not 14 rounds.
but numbers for 14 round blake will be around those, maybe a little lower, right? Also should those hashrates for 970/960 be in ghash?
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iCEBREAKER
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Crypto is the separation of Power and State.
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December 29, 2015, 04:16:56 PM |
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Saw that earlier. Pretty saddened by the fact that the article is generally positive but all the quotes are quite hateful. ETH, NXT, and BitNation (Swarm too) with so much fire from out of nowhere. Very surprising since Decred isn't taking any money from anyone, but all those projects did before code was even written - and yet Decred is the scam. Really don't want to be a dick about it, but that was quite harsh, especially without talking to anyone involved in the project or the community forming here for example. You must understand CoinTelegraph is a scam pushing outfit affiliated with DASH and Bytecoin type shitcoins. CT hates and fears the possibility of a legitimate POS coin emerging to compete with the trash they advertise via sponsored content. When CoinMarketCap (CT's main traffic generator) lists XDC, they will annotate it with the **premined mark of shame, something they refuse to do for Darkcoin despite it having a much higher percentage generated in the first 48 hours of its earlier-than-announced ninja launch.
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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iCEBREAKER
Legendary
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Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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December 29, 2015, 04:18:40 PM |
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That coin trades nowhere, so its ticker is irrelevant.
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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pa
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December 29, 2015, 04:30:51 PM |
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Saw that earlier. Pretty saddened by the fact that the article is generally positive but all the quotes are quite hateful. ETH, NXT, and BitNation (Swarm too) with so much fire from out of nowhere. Very surprising since Decred isn't taking any money from anyone, but all those projects did before code was even written - and yet Decred is the scam. Really don't want to be a dick about it, but that was quite harsh, especially without talking to anyone involved in the project or the community forming here for example. You must understand CoinTelegraph is a scam pushing outfit affiliated with DASH and Bytecoin type shitcoins. CT hates and fears the possibility of a legitimate POS coin emerging to compete with the trash they advertise via sponsored content. When CoinMarketCap (CT's main traffic generator) lists XDC, they will annotate it with the **premined mark of shame, something they refuse to do for Darkcoin despite it having a much higher percentage generated in the first 48 hours of its earlier-than-announced ninja launch. The FUD continues: https://www.reddit.com/r/Bitcoin/comments/3ynf0v/psa_there_is_a_new_scamcoin_called_decred_which/
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hugs1BTC
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December 29, 2015, 04:46:12 PM |
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Can't wait to see how it goes
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Justicemaxx
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December 29, 2015, 04:47:10 PM |
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And again: know what time between blocks will be in the network? And how many coins in a block? How will they recount the difficulties?
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sambiohazard
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December 29, 2015, 04:58:59 PM |
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I would say to everyone that be cautious and ignore FUD without facts. Take every bit of info with a grain of salt & wait till source code & working binaries come out. No one is asking you for money so even if it is a scam only ignorant & greedy will loose by not being cautious. Based on info i have right now i believe devs more than Fudders who have not checked their facts & just making a post in hope that if this turns out to be a scam they can get bragging rights of "told you so, i am so clever". Other group is just dishonest/shitty journalism, again without checking facts. Some people have made honest attempts by asking the right questions & are satisfied with good detailed answers in this thread.
I like the idea and trust the competency of devs, but i will wait till things start working. I hope others will do the same & weigh the risk/reward before investing time/money.
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Wheatclove
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December 29, 2015, 05:16:08 PM |
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Would be cool if this coin didn't get listed on an exchange for a few months after launch. I think it would even the playing field for those with GPU farms who mine solely for an ROI and those of us with only a single GPU.
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Justicemaxx
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December 29, 2015, 06:33:02 PM Last edit: December 29, 2015, 06:45:56 PM by Justicemaxx |
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Thanks, I have skimmed through this table, it is not immediately clear what time will the block and how many coins will be in the block. To clarify, this is now "block_subsidy *= 100" - in the block will be 100 coins? Or have I misunderstood? But even with this information, the question is: "Year Coin supply Inflation 1 470426769731536 180.015934364 2 725516828588937 54.2252429646 - "470426769731536" - what is that figure? This is the number of coins per year? Just can't understand this simple thing. A very large figure, as it relates to 21 million coins?
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sambiohazard
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December 29, 2015, 06:48:32 PM |
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Thanks, I have skimmed through this table, it is not immediately clear what time will the block and how many coins will be in the block. As I said block time is 5 mins & there is no halving, its a smooth curve for reward reduction & table lists approx. coin at end of each year starting from premine amount to 21 million coins. So there is no exact amount of coins in a block but they decrease slightly over time from starting reward. You can click the MC2 link to see details about how that curve is calculated & other details of mining/staking. I was in a bad mood, sorry for being rude but still i will say please do read old post & links. Go to point iii in that pdf that is linked.
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iCEBREAKER
Legendary
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Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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December 29, 2015, 07:19:46 PM |
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Thanks, I have skimmed through this table, it is not immediately clear what time will the block and how many coins will be in the block. As I said block time is 5 mins & there is no halving, its a smooth curve for reward reduction & table lists approx. coin at end of each year starting from premine amount to 21 million coins. So there is no exact amount of coins in a block but they decrease slightly over time from starting reward. You can click the MC2 link to see details about how that curve is calculated & other details of mining/staking. I was in a bad mood, sorry for being rude but still i will say please do read old post & links. Go to point iii in that pdf that is linked. ^^^Bump to the OP.
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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Rols
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December 29, 2015, 07:21:24 PM |
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It looks interesting but the 10 % is to huge. That will probably kill the coins value and make it harder to get on exchanges. There are many coins already out there and asking for a lot of money to develope a new coin is hard. Well I keep my eyes on it to see if its turns to scam or make it. There has to be more than an algo to get a value to it.
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Netnox
Legendary
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Activity: 2044
Merit: 1008
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December 29, 2015, 07:39:44 PM |
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Hi, as an url for reasonable activity on the website i just submitted my bct profile link, i'm very active in this space and social media. Is my profile link enough, because how are you going to identify the link someone posts on your website is truly that person?
I like what i see and the idea of airdrop/PoA, getgems has an inbuild airdrop system which has proven to boosts userbase and activity signifantly, watching this.
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Justicemaxx
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December 29, 2015, 07:47:56 PM |
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As I said block time is 5 mins & there is no halving, its a smooth curve for reward reduction & table lists approx. coin at end of each year starting from premine amount to 21 million coins. So there is no exact amount of coins in a block but they decrease slightly over time from starting reward. You can click the MC2 link to see details about how that curve is calculated & other details of mining/staking. I was in a bad mood, sorry for being rude but still i will say please do read old post & links. Go to point iii in that pdf that is linked.
Now it is clear. Thank you. I will wait for and support as I can. Now write in the Russian-speaking branch time information block, and the block size, but it does not clear it. Usually such information is written on the first page...)
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sambiohazard
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December 29, 2015, 08:26:14 PM |
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As I said block time is 5 mins & there is no halving, its a smooth curve for reward reduction & table lists approx. coin at end of each year starting from premine amount to 21 million coins. So there is no exact amount of coins in a block but they decrease slightly over time from starting reward. You can click the MC2 link to see details about how that curve is calculated & other details of mining/staking. I was in a bad mood, sorry for being rude but still i will say please do read old post & links. Go to point iii in that pdf that is linked.
Now it is clear. Thank you. I will wait for and support as I can. Now write in the Russian-speaking branch time information block, and the block size, but it does not clear it. Usually such information is written on the first page...) I agree i think its time for an update to ann with a FAQ section @decred.
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