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Author Topic: [ANN][Main] Bitcore- BTX - Partnership with JAXX and Magnum Wallet!  (Read 671018 times)
juhakall
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April 14, 2018, 04:23:09 PM
 #15821

Mining diff and hash is low because of price.  As time goes on hash will distribute better.  51% attack is harder because there is no Nicehash rental / ASIC available.

PoS is a cop out solution and shouldn't be considered as a "fix" by any means.



It's not long since I last saw Omegapool touting themselves as the best pool to join... a pool that cares about the security of the network would CLOSE THEIR DOORS TO NEW MINERS at 40% and start educating miners about the issue at 30%. Haven't seen this kind of behaviour at all.

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Bytales
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April 14, 2018, 04:37:11 PM
 #15822

Probably stupid question, but why is Coin Market Cap reporting 66k Satoshi per BTX, when in fact you have to buy it with at least 71k Satoshi.
It leaves BTX much lowereed ranked as it should be.
bspus
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April 14, 2018, 05:06:07 PM
 #15823


There's nothing wrong with the current mining model, except miners who for no rational reason flock to the biggest pool.

I won't try to justify their behavior because it is bad on the aggregate, but for the individual there is a rational reason to explain it.

Simply, the earnings are most predictable and smooth when mining on the biggest pool. And it makes sense to avoid the very small pools (those less than say 5%)
But as soon as the pool gets near 15-20% and provided you'll be mining for a few hours if not days straight, there is practically no advantage any more in looking for a bigger pool.

mindrust
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April 14, 2018, 05:09:10 PM
 #15824

Probably stupid question, but why is Coin Market Cap reporting 66k Satoshi per BTX, when in fact you have to buy it with at least 71k Satoshi.
It leaves BTX much lowereed ranked as it should be.

Coinmarketcap is very slow to update itself lately. It is not just Bitcore. I saw the same thing for the other small alts. They usually fix these problems manually if someone sends an email to notice them.




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Bytales
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April 14, 2018, 05:26:58 PM
 #15825

Probably stupid question, but why is Coin Market Cap reporting 66k Satoshi per BTX, when in fact you have to buy it with at least 71k Satoshi.
It leaves BTX much lowereed ranked as it should be.

Coinmarketcap is very slow to update itself lately. It is not just Bitcore. I saw the same thing for the other small alts. They usually fix these problems manually if someone sends an email to notice them.

I thought their program takes the price automaticaly from exchanges and makes a ponderate mean out of them.
Boriss
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April 14, 2018, 05:42:06 PM
 #15826

Probably stupid question, but why is Coin Market Cap reporting 66k Satoshi per BTX, when in fact you have to buy it with at least 71k Satoshi.
It leaves BTX much lowereed ranked as it should be.

Coinmarketcap is very slow to update itself lately. It is not just Bitcore. I saw the same thing for the other small alts. They usually fix these problems manually if someone sends an email to notice them.

I thought their program takes the price automaticaly from exchanges and makes a ponderate mean out of them.

Off course it does automatically but with intervals of 15 minutes
Tarek4080
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April 14, 2018, 06:21:14 PM
 #15827

Probably stupid question, but why is Coin Market Cap reporting 66k Satoshi per BTX, when in fact you have to buy it with at least 71k Satoshi.
It leaves BTX much lowereed ranked as it should be.

Hi you can check this excellent site for real time updates :

worldcoinindex.com
jovan85
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April 14, 2018, 07:49:34 PM
 #15828

Hi
What about " Bitcore Crypto puzzles"
Was planed for March 2018, any info in near future?
Thank you

juhakall
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April 14, 2018, 08:01:32 PM
 #15829


There's nothing wrong with the current mining model, except miners who for no rational reason flock to the biggest pool.

I won't try to justify their behavior because it is bad on the aggregate, but for the individual there is a rational reason to explain it.

Simply, the earnings are most predictable and smooth when mining on the biggest pool. And it makes sense to avoid the very small pools (those less than say 5%)
But as soon as the pool gets near 15-20% and provided you'll be mining for a few hours if not days straight, there is practically no advantage any more in looking for a bigger pool.

That's correct, assuming the pools bay pased on blocks being found. A PPS pool has no variance from blocks, even if you were the only miner with a single GPU.

BTW, to enjoy the least possible block variance, the strategy is to mine at each pool simultaneously weighted by their portion of network hashrate. Maintaining the status quo can be profitable this way.

juhakall
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April 14, 2018, 08:04:53 PM
 #15830

Hi
What about " Bitcore Crypto puzzles"
Was planed for March 2018, any info in near future?
Thank you

I second this question. Make it showcase the SegWit support if possible! I'm wondering whether any of the new Lightning implementations are compatible.

vsrocks
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April 14, 2018, 08:30:41 PM
 #15831

Bitcore (BTX) all-in-one info added now here:

https://chatoncrypto.com/Crypto/C/30-BTX-Bitcore


Thanks.
Limx Dev
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April 14, 2018, 09:32:08 PM
 #15832

Bitcore (BTX) all-in-one info added now here:

https://chatoncrypto.com/Crypto/C/30-BTX-Bitcore


Thanks.

Added to our ANN...

Kind Regards Christian
Bombardier
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April 14, 2018, 11:28:28 PM
 #15833

Better alternative for coinmarketcap  https://coincheckup.com/
manchester93
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April 15, 2018, 12:32:28 AM
 #15834

Can someone point me to a tutorial on coin control? I guess it's not in the core GUI?
busta
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April 15, 2018, 12:45:16 AM
 #15835

Can someone point me to a tutorial on coin control? I guess it's not in the core GUI?

https://www.youtube.com/watch?v=4xj-vUwpdtw

It's german tutorial but you can activate subtitles to your favourite language, hope it helps you.
Bombardier
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April 15, 2018, 01:04:32 AM
Merited by Kryptowerk (1)
 #15836

Can someone point me to a tutorial on coin control? I guess it's not in the core GUI?

https://bitcore.cc/old/Bitcore_CoinControl.pdf
gwestcot
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April 15, 2018, 01:32:44 AM
 #15837

Hi
What about " Bitcore Crypto puzzles"
Was planed for March 2018, any info in near future?
Thank you

I second this question. Make it showcase the SegWit support if possible! I'm wondering whether any of the new Lightning implementations are compatible.

IMO, Lightning Network will likely prove to be unsuccessful on multiple levels so I'm not even sure if there is anything desirable in implementing it.
ciro1
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Bitcore (BTX) - Your Payment Coin


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April 15, 2018, 03:28:57 AM
 #15838

Hi
What about " Bitcore Crypto puzzles"
Was planed for March 2018, any info in near future?
Thank you

I second this question. Make it showcase the SegWit support if possible! I'm wondering whether any of the new Lightning implementations are compatible.

IMO, Lightning Network will likely prove to be unsuccessful on multiple levels so I'm not even sure if there is anything desirable in implementing it.

Same thought here, but I think the devs and supporters would keep pushing for it until when it's clear that it's a silly little idea.

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localxpose
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April 15, 2018, 03:32:01 AM
 #15839

it is already hard for cpu unless got lots of power Roll Eyes
gwestcot
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April 15, 2018, 04:20:43 AM
 #15840

Hi
What about " Bitcore Crypto puzzles"
Was planed for March 2018, any info in near future?
Thank you

I second this question. Make it showcase the SegWit support if possible! I'm wondering whether any of the new Lightning implementations are compatible.

IMO, Lightning Network will likely prove to be unsuccessful on multiple levels so I'm not even sure if there is anything desirable in implementing it.

Same thought here, but I think the devs and supporters would keep pushing for it until when it's clear that it's a silly little idea.

On chain scaling is really the only way as far as I see it. Storage constraints are not as relevant today as it was back in 2009.
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