btc2017btc2017
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June 14, 2018, 07:34:49 PM |
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Why is Bitsum dead? have I lost all my BSMs?
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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Lalli
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June 14, 2018, 10:49:08 PM |
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This is from Bitsum official telegram, I cant believe that it is the only place they inform miners of this:
”We are going to rollback! Please stop mining!”
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big_daddy
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June 15, 2018, 07:02:28 AM |
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This is from Bitsum official telegram, I cant believe that it is the only place they inform miners of this:
”We are going to rollback! Please stop mining!”
the only rollback and a new startover is the algo switch from CryptoNight to some CN - asic proof, without that, BSM will never gain some good value |
If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.
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tuanbct95
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June 15, 2018, 07:22:42 AM |
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the only rollback and a new startover is the algo switch from CryptoNight to some CN - asic proof, without that, BSM will never gain some good value
What does it really mean by mentioning as 'roll back'? I don't know what it is but it maybe main causes which led to recent dramatically falls of Bitsum. |
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waraira18
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June 15, 2018, 02:47:52 PM |
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This is from Bitsum official telegram, I cant believe that it is the only place they inform miners of this:
”We are going to rollback! Please stop mining!”
Really? is the second Rollback, how is this possible!! WHY rollback again??.. something like this should be posted everywhere, not just telegram.. so after certain block we lose everything? INCREDIBLE!  HOW LONG WILL TAKE THIS??? maybe you should start to think in decentralize the system because this is not funny anymore. |
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mayday8842
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June 15, 2018, 03:52:26 PM |
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What does rollback mean? Is this coin completely dead or what?
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waraira18
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June 15, 2018, 04:21:09 PM
Last edit: June 15, 2018, 07:03:05 PM by waraira18 |
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What does rollback mean? Is this coin completely dead or what?
Rollback... well, imagine this... they found a mistake in the blockchain, that cause for example that some coins were hacked from the block 5... (just an example) so what they do, all what was mined after block 4 dissapear and we return to block 4 starting all this again... as they have the system centralized they have all the domain of manipulate the blockchain (and im not agree with it)... so we are the one who pays the consequences... What annoys me is that is the second time, the system is stopped until i dont know when... and besides they dont consider to even report this in other place only telegram... something this important... really... no explanation no nothing... sorry for complain but just i dont get it.... Everything done after that block is not longer valid... sell, mine etc... so is like fork a new coin from the old one.. so all the costs of electricity for mining, sells on x price.. is for nothing... |
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ungvantuyen
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June 16, 2018, 02:48:11 AM |
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so, what will happen after the roll back finished?
Forking to new algorithm to prevent ASIC dominate the Bitsum network might be one of good option.
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waraira18
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June 16, 2018, 07:53:58 AM |
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so, what will happen after the roll back finished?
Forking to new algorithm to prevent ASIC dominate the Bitsum network might be one of good option.
After the roll back finish... what will happen.. well... if they decided to change it in the block 4 and we going in the block 500, all done after block 4 will dissapear, so, is not convenient for all of us... New Algo?... mmm I still didnt see any official answer about why the rollback is done... othat we presume that is for ASIC resistance.. doesnt mean that is official... the only info that i saw was "we are going to rollback, stop mining" if you have a link where the devs say the reason of the rollback and that is for the new algo to prevent ASIC domination... please put it here... |
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Pinpa
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June 16, 2018, 08:02:15 AM |
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I am review in concept on your project, It's really good! A very excellent activity, percipient business, impeccably design!
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waraira18
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June 16, 2018, 12:48:58 PM |
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margate
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June 16, 2018, 03:55:50 PM |
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there is also in English ( https://t.me/BitsumChat/49877) ... but I read the news on the Russian resource, so I gave a link in Russian. |
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iphmpmt
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June 19, 2018, 03:01:47 AM |
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I can not believe why Bitsum fell behind 10 satoshi like this, lol.
Fortunately, I bought millions of Bitsum when it hit 5 satoshi days ago.
Hope that someday Bitsum will reach 30 satoshi or somewhere around this point again.
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big_daddy
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June 19, 2018, 06:11:14 AM |
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I can not believe why Bitsum fell behind 10 satoshi like this, lol.
Fortunately, I bought millions of Bitsum when it hit 5 satoshi days ago.
Hope that someday Bitsum will reach 30 satoshi or somewhere around this point again.
30 sats, of course, even 100, but first they have to change the algo from CryptoNight to some other CryptoNight asic & NiceHash proof, cause asic & NH miners are doing this inflation that we are seeing right now |
If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.
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Titan60
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June 19, 2018, 08:18:43 PM |
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mroctopus
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June 19, 2018, 09:21:15 PM |
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yeah, only Russian can be trusted so far. |
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rosstechldn
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June 20, 2018, 12:37:44 AM |
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Faucet is down
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DarkKnightNeverDie
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June 20, 2018, 07:37:50 AM |
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30 sats, of course, even 100, but first they have to change the algo from CryptoNight to some other CryptoNight asic & NiceHash proof, cause asic & NH miners are doing this inflation that we are seeing right now
Agree with your suggestion, big_daddy. There are bunches of algorithms which have a bit adjustments from Cryptonight one in order to be ASIC-resistant. I wish Bitsum team will make final decision on algorithm switch for community. |
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margate
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June 20, 2018, 08:44:12 AM |
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Agree with your suggestion, big_daddy.
There are bunches of algorithms which have a bit adjustments from Cryptonight one in order to be ASIC-resistant.
I wish Bitsum team will make final decision on algorithm switch for community.
the developer in the telegram wrote about cryptonight_lite_v7 |
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