oblione
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October 19, 2017, 07:53:32 AM |
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What is the mining algorithm of Electroneum, X11 or Cryptonote?
Cryptonight algo which is Cryptonote tech. Same as Bytecoin before it was modified to account for the mobile mining. So it means it can be listed on minergate for mining. Yeah if they want it. Although minergate is being heavily accused of share skimming from monero miners on their pool atm.
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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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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contraband
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October 19, 2017, 08:29:01 AM |
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What is the mining algorithm of Electroneum, X11 or Cryptonote?
Cryptonight algo which is Cryptonote tech. Same as Bytecoin before it was modified to account for the mobile mining. So it means it can be listed on minergate for mining. Yeah if they want it. Although minergate is being heavily accused of share skimming from monero miners on their pool atm. Yes, I dont think we want to be a part of minergate.
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oblione
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October 19, 2017, 08:40:39 AM |
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What is the mining algorithm of Electroneum, X11 or Cryptonote?
Cryptonight algo which is Cryptonote tech. Same as Bytecoin before it was modified to account for the mobile mining. So it means it can be listed on minergate for mining. Yeah if they want it. Although minergate is being heavily accused of share skimming from monero miners on their pool atm. Yes, I dont think we want to be a part of minergate. I don't blame you, massive hash rate differences, I mean you will get a different rate shown on a pool to that on your mining controller due to the way the pool software calculates using a set time frame but still the difference should only be small after an hour or so of continuous mining. @Contraband - Would I be allowed to drop my pool link in here once its tested and I know everything like payments and block unlocking is working?
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Hullo
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October 19, 2017, 09:20:47 AM |
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This is quite awesome to see increasing number of registered users is heading towards 300k now. I don't know if this was in any project recently where millions funds were raised and at the same time huge community was formed. This is enough for me to understand where my investment is going in future. I am glad to be one of the small investors.
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oblione
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October 19, 2017, 09:26:20 AM |
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This is quite awesome to see increasing number of registered users is heading towards 300k now. I don't know if this was in any project recently where millions funds were raised and at the same time huge community was formed. This is enough for me to understand where my investment is going in future. I am glad to be one of the small investors.
Yeah the telegram group and the registered users just exploded pretty fast, just hope the groups all stay there after nov 1 st, I mean there will be some drop off with dumpers but hopefully not many.
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contraband
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October 19, 2017, 09:47:20 AM Last edit: October 19, 2017, 11:36:47 AM by contraband |
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What is the mining algorithm of Electroneum, X11 or Cryptonote?
Cryptonight algo which is Cryptonote tech. Same as Bytecoin before it was modified to account for the mobile mining. So it means it can be listed on minergate for mining. Yeah if they want it. Although minergate is being heavily accused of share skimming from monero miners on their pool atm. Yes, I dont think we want to be a part of minergate. I don't blame you, massive hash rate differences, I mean you will get a different rate shown on a pool to that on your mining controller due to the way the pool software calculates using a set time frame but still the difference should only be small after an hour or so of continuous mining. @Contraband - Would I be allowed to drop my pool link in here once its tested and I know everything like payments and block unlocking is working? Of course. Electroneum is decentraized
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oblione
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October 19, 2017, 09:50:10 AM |
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This is quite awesome to see increasing number of registered users is heading towards 300k now. I don't know if this was in any project recently where millions funds were raised and at the same time huge community was formed. This is enough for me to understand where my investment is going in future. I am glad to be one of the small investors.
Yeah the telegram group and the registered users just exploded pretty fast, just hope the groups all stay there after nov 1 st, I mean there will be some drop off with dumpers but hopefully not many. sure, but don't forget the wide range that electroneum is targeting....in months i believe the number of people could double or even triple Free coins from your app, without investing a penny, where else can you get that man ? That would be the start for sure. Now if the app does what it's supposed to and teaches people the stuff we've all had to learn on countless forums and groups like how to setup and configure a worker or how to create your own solo mining node then this could be very good for all crypto currencies not just etn.
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oblione
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October 19, 2017, 09:54:48 AM |
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This is quite awesome to see increasing number of registered users is heading towards 300k now. I don't know if this was in any project recently where millions funds were raised and at the same time huge community was formed. This is enough for me to understand where my investment is going in future. I am glad to be one of the small investors.
Yeah the telegram group and the registered users just exploded pretty fast, just hope the groups all stay there after nov 1 st, I mean there will be some drop off with dumpers but hopefully not many. sure, but don't forget the wide range that electroneum is targeting....in months i believe the number of people could double or even triple Free coins from your app, without investing a penny, where else can you get that man ? See the target user base is an interesting one. A lot of people are bashing the coin supply limit set at 21billion as coins with supply this high tend not to go up in value much. The thing is if a mass adopted coin where to ever happen it would need a number like this or it's not viable to use as a mass currency as everyone could only ever hold like 0.3-0.5 of the coin.
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denam
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October 19, 2017, 09:58:16 AM |
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It is mass adaption which make any coin successful just not having enough community so many project saw failure. It is surprising change and results what I see there is rush and everyone is running to join the project under different labels. I also can't stay away and joined the project of success.
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jawadmehmood
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October 19, 2017, 10:01:57 AM |
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I think this is going to be a big hit although i am working in gaming industry and i would say that if some big game integrated ETN as in app purchases then ETN comes with Major success. Last year gaming market was exploded with 91billion. Hoping for the Better return on my investment.
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Cryptocurrency News Reviews, Community (https://99altcoin.com)
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kopambunareve
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October 19, 2017, 10:16:13 AM |
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A few things that I do not understand:
- Time of blockchain (the time for which the blocks go)? - A reward for one block that goes to miners? - Fee whit different transaction (mobile, desktopo transfer)? - How long will it take to reach 21 bilion max supply of coin?
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Ganymed
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October 19, 2017, 10:20:40 AM |
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Can anyone please explain the advantage and disadvantage of rising the hard cap?
thx Gany
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Adriano2010
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October 19, 2017, 10:24:19 AM |
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Hi dev. When will be launched the new app mobile mining? Are already all the token selled, and this tokens are in ETH network?
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oblione
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October 19, 2017, 10:52:16 AM |
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A few things that I do not understand:
- Time of blockchain (the time for which the blocks go)? - A reward for one block that goes to miners? - Fee whit different transaction (mobile, desktopo transfer)? - How long will it take to reach 21 bilion max supply of coin?
This info will be released on the 1st of November
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ElPedras
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October 19, 2017, 10:59:27 AM |
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What markets will adopt this coin?
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oblione
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October 19, 2017, 11:00:07 AM |
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Can anyone please explain the advantage and disadvantage of rising the hard cap?
thx Gany
Essentially having a hard cap drives demand as people see and hear electroneum all over the place but can't buy it anywhere but the exchanges when it's released. This wave of buying at the exchanges drives up the price of electroneum. With no hard cap there is more of a risk of people mass dumping the coin once it hits the exchanges but itnwould allow more money for the dev team to put into the coin. But seeing how it's raised over 35million they have plenty to put into some serious features that will make it worth more over the next few years
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kopambunareve
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October 19, 2017, 11:02:05 AM |
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A few things that I do not understand:
- Time of blockchain (the time for which the blocks go)? - A reward for one block that goes to miners? - Fee whit different transaction (mobile, desktopo transfer)? - How long will it take to reach 21 bilion max supply of coin?
This info will be released on the 1st of November I am currently investigating and I only see the formulas that will apply in relation to the commission and the reward for mining...
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Namelson
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October 19, 2017, 11:16:56 AM |
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What markets will adopt this coin?
I'm also quite curious...
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hownowbrowncow
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October 19, 2017, 11:20:21 AM |
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Unfortunate I missed early buy opportunity with large percentage bonus, will wait till it hits exchange.
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Altex.ws
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October 19, 2017, 11:29:47 AM |
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It so amuses the trolls here , yes this is a newbie account other one got hacked and waiting for reply to retrieve it , but anyway , so many trolls and never enough thumb tacks to feed them .
And also people i see a hell of a lot the same questions which people have been asking multipul times, getting answered then like posts down asked the same question again, ok 1 there either not reading the thread, 2 going to the website and reading whats written there or 3 not even down loading the app , that even explains a few things like the app mining system , like when it will be available. So dont be lazy and actually read a few pages of the thread, well at least the ANN post, will answer most questions !!
Ok on the coin itself, CryptoNote Algo , me like been mining XMR since day dot so any progression down that road is a great + !! Market and getting it to the masses have to give it a +++on that one, superb job there!! Yes i can understand why they cant give just 1 address to show were funds are sitting, everyone has individual btc/eth deposit address so you would need to collect them all individually and check each one separately. GOOD LUCK if your than frikken keen!!
The premise behind what they are trying to do I support 100%, cryptos needs to be put into the hands of the masses, in a simple, straight forward matter, I have shown many people and spent god knows how many hours showing , teach and setting things up for newbies. With a simple way to teach them so basically they can do it themselves , im right behind!!
So Great Job team , look forward , oh and order plenty of thumb tacks to keep the trolls feed and health!!
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