Ganeshik
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Activity: 125
Merit: 0
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August 18, 2017, 07:33:42 PM |
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how's it going? cryptopia fixed ?
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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zvalobtc
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Activity: 27
Merit: 0
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August 18, 2017, 08:01:18 PM |
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how's it going? cryptopia fixed ?
Yes, at least it was this morning  |
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btctbots.com
Newbie
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Activity: 26
Merit: 1
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August 18, 2017, 10:19:19 PM |
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Price just got destroyed, what happened, was it artificial then and just due to no one being able to withdraw?
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Ganeshik
Newbie
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Activity: 125
Merit: 0
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August 18, 2017, 11:03:19 PM |
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Price just got destroyed, what happened, was it artificial then and just due to no one being able to withdraw?
it is not clear, it seems excitement about the swap. after the 20th of August, when the coin is X11, many people will regret having sold now. imho |
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circuithead
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Activity: 40
Merit: 0
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August 18, 2017, 11:12:48 PM |
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EquiTrader will shift from Proof-Of-Work to Proof-Of-Stake + Proof-Of-Work Algorithm .
Details :
Algorithm Type :- POW + POS
Hashing Algorithm :- X11
Block Time :- 120 Secs
Block Reward ( POW ) :- 20
Block Reward Halving Rate :- 50,000 Blocks
PoS Interest per year :- 30%
Minimum Stake Age :- 1 Day
Maximum Stake Age :- 30 Days
Block Size :- 8 MB
This is how many blocks will be generated per day :- 720
The block reward will cut in half every 2.28 months.
A swap will need to be done. More info will be shared soon.
The whole interest rate thing might have something to do with it too |
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roterdam
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August 19, 2017, 10:42:17 AM |
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i want to send my coins to coinechange for swap on 20th .
my wallet it's stucked at 18728 block, client version v1.0.0.0-g9cffb23-beta , i have to actualize list of nodes , or download a new version of wallet, or what? thanks
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gaazje
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August 19, 2017, 10:50:46 AM |
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i want to send my coins to coinechange for swap on 20th .
my wallet it's stucked at 18728 block, client version v1.0.0.0-g9cffb23-beta , i have to actualize list of nodes , or download a new version of wallet, or what? thanks
Have you tried to just to restart it ? sometimes that simply works. |
░▒▓█ / / /X42/ / / WELCOME TO FEELESS FUTURE! █▓▒░ |
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GymForVitalik
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August 19, 2017, 01:26:28 PM |
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After the 20th you plan to return to cryptopia?
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ohforf (OP)
Sr. Member
Offline
Activity: 327
Merit: 250
we are legion
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August 19, 2017, 04:50:57 PM |
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UPDATE
Coin Swap
To ensure a smooth transition to new $EQT chain coin swap date has been extended to 25th August 4 PM UTC .
Many investors who still have not withdrawn $EQT from Cryptopia or still have $EQT on supernova or Qt-Wallet please withdraw $EQT to Coinexchange by 25th August .
For manual swaps investors need to have their $EQT in their wallet to prove ownership of coins .
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▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ▀██████ EAT SLEEP DECENTRALIZE ██████▀▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ |
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circuithead
Newbie
Offline
Activity: 40
Merit: 0
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August 19, 2017, 05:12:55 PM |
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Good move, there may still be some people on vacation/holiday like I was |
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WGXtreme
Member
Offline
Activity: 100
Merit: 10
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August 19, 2017, 06:43:50 PM |
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UPDATE
Coin Swap
To ensure a smooth transition to new $EQT chain coin swap date has been extended to 25th August 4 PM UTC .
Many investors who still have not withdrawn $EQT from Cryptopia or still have $EQT on supernova or Qt-Wallet please withdraw $EQT to Coinexchange by 25th August .
For manual swaps investors need to have their $EQT in their wallet to prove ownership of coins .
So all my coins on Coinexchange are automatically the new version now? So i should be able to witdraw them safely to my wallet and be sure that I have the new version? |
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OneNattyLitecoin
Sr. Member
Offline
Activity: 356
Merit: 335
If you don’t believe, why are you here?
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August 19, 2017, 07:11:15 PM
Last edit: August 19, 2017, 07:47:24 PM by OneNattyLitecoin |
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EquiTrader will shift from Proof-Of-Work to Proof-Of-Stake + Proof-Of-Work Algorithm .
Details :
Algorithm Type :- POW + POS
Hashing Algorithm :- X11
Block Time :- 120 Secs
Block Reward ( POW ) :- 20
Block Reward Halving Rate :- 50,000 Blocks
PoS Interest per year :- 30%
Minimum Stake Age :- 1 Day
Maximum Stake Age :- 30 Days
Block Size :- 8 MB
This is how many blocks will be generated per day :- 720
The block reward will cut in half every 2.28 months.
A swap will need to be done. More info will be shared soon.
If someone would be so kind to check my math. I'm assuming $10M coins (most of projecting a supply of 8M eqt after swap). Using the emission rules above X11 mining rewards will be inconsequential by the beginning of year three as only ~1,262 TOTAL EQT will be generated from PoW (328eqt ( first 46 days of year 3), 482eqt (total for 2.28months), 241eqt, 121eqt, 60eqt, 30eqt) Therefore the preponderance of the incentive to secure the network will be tx fees and/or PoS. This emission structure IMO is quite bullish on the expected value of eqt to reach. EQT Emission Profile After Year 1: 15,497,680Year 2: 20,211,332Year 3: 26,274,732Year 4: 34,157,152Year 5: 44,404,298. . . 30% maximum per year thereafter |
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cohnhead
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August 20, 2017, 03:20:44 PM |
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UPDATE
Coin Swap
To ensure a smooth transition to new $EQT chain coin swap date has been extended to 25th August 4 PM UTC .
Many investors who still have not withdrawn $EQT from Cryptopia or still have $EQT on supernova or Qt-Wallet please withdraw $EQT to Coinexchange by 25th August .
For manual swaps investors need to have their $EQT in their wallet to prove ownership of coins .
when does mining stop on scrypt and move to x11? is there a block ...a time and date. did I miss it? |
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cohnhead
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August 20, 2017, 03:51:17 PM |
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I like the move to pos....but interest rate of 30% is too high and will not make for a token that will appreciate in value that much... if at all.
only saving grace is its not a dpos..thanks for that.
you want a real world token with real world use...use real world rates of interest...not some gimmicky 30%
also not understanding switch of algo....both take specialized asics ...and at this point id think more people have scrypt miners than x11's...so mining scrypt seem more spread out. would think only a few people invested in x11 machines. just look at MRR maybe 130 x11 rigs for rent....while there are 450 scrypt miners for rent.
i liked this project..but with changes now i am some what skeptical
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bitChipper
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August 20, 2017, 04:31:17 PM |
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first time exposure to this project, like the concept but up until this point its just another kid with a dream
pow/pos will be nice though. will there be masternodes?
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cohnhead
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August 20, 2017, 04:35:55 PM |
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first time exposure to this project, like the concept but up until this point its just another kid with a dream
pow/pos will be nice though. will there be masternodes?
supposedly no masternodes |
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GymForVitalik
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August 21, 2017, 04:55:31 AM |
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I can get more coins from the POS system if I keep my coins on Coinexchange? or should I ergate them necessarily on the wallet
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BossBee
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August 21, 2017, 05:11:09 AM |
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I like the move to pos....but interest rate of 30% is too high and will not make for a token that will appreciate in value that much... if at all.
only saving grace is its not a dpos..thanks for that.
you want a real world token with real world use...use real world rates of interest...not some gimmicky 30%
also not understanding switch of algo....both take specialized asics ...and at this point id think more people have scrypt miners than x11's...so mining scrypt seem more spread out. would think only a few people invested in x11 machines. just look at MRR maybe 130 x11 rigs for rent....while there are 450 scrypt miners for rent.
i liked this project..but with changes now i am some what skeptical
X11 runs cooler and is more efficient. Bitmain are shipping their new asic x11's in September, both rounds of sales have sold out with in hours. The demand to mine X11 coins is going to go up dramatically as miners look for coins to run their new machines on. |
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GymForVitalik
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August 21, 2017, 09:18:00 AM |
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I like the move to pos....but interest rate of 30% is too high and will not make for a token that will appreciate in value that much... if at all.
only saving grace is its not a dpos..thanks for that.
you want a real world token with real world use...use real world rates of interest...not some gimmicky 30%
also not understanding switch of algo....both take specialized asics ...and at this point id think more people have scrypt miners than x11's...so mining scrypt seem more spread out. would think only a few people invested in x11 machines. just look at MRR maybe 130 x11 rigs for rent....while there are 450 scrypt miners for rent.
i liked this project..but with changes now i am some what skeptical
X11 runs cooler and is more efficient. Bitmain are shipping their new asic x11's in September, both rounds of sales have sold out with in hours. The demand to mine X11 coins is going to go up dramatically as miners look for coins to run their new machines on. Why will demand grow? They sell the coins and no buy them .. |
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zvalobtc
Newbie
Offline
Activity: 27
Merit: 0
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August 21, 2017, 11:15:02 AM |
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I like the move to pos....but interest rate of 30% is too high and will not make for a token that will appreciate in value that much... if at all.
only saving grace is its not a dpos..thanks for that.
you want a real world token with real world use...use real world rates of interest...not some gimmicky 30%
also not understanding switch of algo....both take specialized asics ...and at this point id think more people have scrypt miners than x11's...so mining scrypt seem more spread out. would think only a few people invested in x11 machines. just look at MRR maybe 130 x11 rigs for rent....while there are 450 scrypt miners for rent.
i liked this project..but with changes now i am some what skeptical
X11 runs cooler and is more efficient. Bitmain are shipping their new asic x11's in September, both rounds of sales have sold out with in hours. The demand to mine X11 coins is going to go up dramatically as miners look for coins to run their new machines on. Why will demand grow? They sell the coins and no buy them .. Unless projects are a total scam, the demand will simply grow because the entire altcoin industry does. More people join crypto everyday. Besides that fact people will also become more interested when there actually is a product you can see and use. |
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