Ayers
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Activity: 2604
Merit: 1023
Leading Crypto Sports Betting & Casino Platform
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March 08, 2016, 07:47:10 AM |
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i would prefer if there was an air drop like decred, than paying for something unknown
this will have mining after launch at least?
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Dazza
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Activity: 56
Merit: 0
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March 08, 2016, 08:01:54 AM |
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i would prefer if there was an air drop like decred, than paying for something unknown
That ship has already sailed. |
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Dazza
Newbie
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Activity: 56
Merit: 0
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March 08, 2016, 08:12:53 AM |
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From the previous thread Beyond that, I have spent my 2 days forking the bitcoin reference implementation, supporting multiple types of transactions (publish work, solve PoW, solve bounty, normal ELC transfer TX). Are we committed to bitcoin as the base system? The reason I ask is because I can see some advantages to Cryptonite's Mini-blockchain system. I know that both have a solution to endless blockchain bloat, but they seem to differ in their tolerances to different kinds of spam. Bitcoin doesn't like transaction spam, while Cryptonite doesn't like account spam. Of the two, I think tolerance of many small transactions is likely to be beneficial as it will allow our currency to support micro-payments. I don't see a lot of use for zillions of tiny accounts. |
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Dazza
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Activity: 56
Merit: 0
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March 08, 2016, 08:26:45 AM |
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Someone in a previous thread referred to MaidSafe and the SAFE network. I've had a look at this, and it seems primarily to be a distributed storage served. It does not compete with what we are trying to do here. I am concerned that its "pay once, store forever" model which requires exponentially declining storage cost will prove unsustainable in the long run. Nevertheless, it is worth watching. It it takes off, there may be benefits to be had from interoperating. Please keep on referring us to other interesting projects. |
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Evil-Knievel
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Activity: 1260
Merit: 1168
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March 08, 2016, 09:06:12 AM
Last edit: April 19, 2016, 11:52:26 AM by Evil-Knievel |
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This message was too old and has been purged
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jibble
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March 08, 2016, 09:09:44 AM |
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Someone in a previous thread referred to MaidSafe and the SAFE network. I've had a look at this, and it seems primarily to be a distributed storage served. It does not compete with what we are trying to do here. I am concerned that its "pay once, store forever" model which requires exponentially declining storage cost will prove unsustainable in the long run. Nevertheless, it is worth watching. It it takes off, there may be benefits to be had from interoperating. Please keep on referring us to other interesting projects.  It is following exactly the same model of actual storage space decreasing exponentially , If network space doesn't follow the trend, less free space is added to the network , the cost to PUT data onto the network would rise. Incentive to add extra data onto the network would happen, more data would be added to the network or costs would increase over time if there wasn't anymore available. You might want to read further into it, this is not even MVP currently and the devs are planning in the near future to add the ability to handle large amounts of distributed computer power , like a super computer . The consensus system of maidsafe would be much easier for what you want to do compared to a blockchain type consensus system |
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Evil-Knievel
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Activity: 1260
Merit: 1168
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March 08, 2016, 10:25:56 AM
Last edit: April 19, 2016, 11:52:18 AM by Evil-Knievel |
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This message was too old and has been purged
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aleksand
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Activity: 868
Merit: 1000
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March 08, 2016, 11:35:43 AM |
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Hello, explain me pls how much I'll get for investing 1 bitcoins right now? As I see now it's 24229 Blocks so why looking at the graphics I see that we are between 400000 and 403000 blocks?
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JanDzban
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March 08, 2016, 11:43:28 AM |
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We are on block 401693. Where do you check it? I check on BLOCKCHAIN.INFO
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aleksand
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Activity: 868
Merit: 1000
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March 08, 2016, 11:45:58 AM |
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We are on block 401693. Where do you check it? I check on BLOCKCHAIN.INFO
I've checked it here http://www.elastic.pro/crowdsaleGive me exactly the link where you checked that it's 401693 |
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Evil-Knievel
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Activity: 1260
Merit: 1168
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March 08, 2016, 11:46:04 AM
Last edit: April 19, 2016, 11:52:11 AM by Evil-Knievel |
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This message was too old and has been purged
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aleksand
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Activity: 868
Merit: 1000
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March 08, 2016, 11:50:15 AM |
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Hello, explain me pls how much I'll get for investing 1 bitcoins right now? As I see now it's 24229 Blocks so why looking at the graphics I see that we are between 400000 and 403000 blocks?
I see somehow the formula disappeared from the website. I will write Lannister to put it back on. The formula is this one:  So assume your donation is confirmed at block 401700 you would get credited with 7738.73 ELC by the system. What is b here and where did you got 401700? Where I can check this? |
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Evil-Knievel
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Activity: 1260
Merit: 1168
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March 08, 2016, 11:53:18 AM
Last edit: April 19, 2016, 11:52:02 AM by Evil-Knievel |
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This message was too old and has been purged
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aleksand
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Activity: 868
Merit: 1000
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March 08, 2016, 11:55:21 AM |
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What is b here and where did you got 401700? Where I can check this?
Well, b is the block number in which your transaction gets its first confirmation. The current block can be seen on http://blockchain.infoOk, ty. |
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Evil-Knievel
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Activity: 1260
Merit: 1168
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March 08, 2016, 11:57:11 AM
Last edit: April 19, 2016, 11:51:53 AM by Evil-Knievel |
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This message was too old and has been purged
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Cryptorials
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March 08, 2016, 12:09:50 PM |
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Wow, things are changing fast with Elastic - new management again! Welcome Lannister
The new website and the video are really good too.
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cyberhacker
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Activity: 1330
Merit: 1000
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March 08, 2016, 12:36:58 PM |
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scam confirmed
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March 08, 2016, 01:35:01 PM |
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Lannister, could you please introduce yourself and tell us a little about your background? What qualifies you to manage this project?
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cryptomass
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March 08, 2016, 02:32:10 PM |
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Do I get it right...
Countdown follows BTC mined blocks (24208 to go now).
About 150 new blocks per day are found, so the crowdfunding will end in about 160 days?
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