Qwertycoin - Safe. Simple. Secure. CPU/GPU/ASIC [CryptoNight] Mobile Wallet

[hanhloan050]

This is a new cryptonight based coin, it looks as one of the fastest transaction coin around even if it is a POW coin, still reading the masternode info regarding QWC coin hope to get some once other trading exchanges opens for the Qwertycoin.

[Qwertycoin_QWC]

Start trading here: https://crex24.com/de/exchange/QWC-BTC

[Qwertycoin_QWC]

Since being listed on CREX24 on April 25, 2018 Qwertycoin has passed several notable milestones.  Those milestones include trading volume, price support and blocks mined.

The volume of trading on the CREX24 has exceeded management teams expectations as well as the level of price support.

The first official day started well into the trading day and found volumes near 29M QWC. Day two volume over 113M QWC traded and on day 3 volumes reached 211M QWC.  Day four is looking good with over 325M QWC traded and opportunity to further extend today’s record volume. These volume levels on CREX24 put us well above some peer Cryptonote coins such as Karbo and BBSCoin.  Currently in 8th place based on CREX24 volume we currently rank only ahead of widely recognized Litecoin, Ethereum Classic and Zcash.

While there were some in QWC community that predicted a race to the bottom because of a minimum price of 0.01 sat.  In fact we have seen much the opposite with prices peaking at 5 sat before settling  near 0.12 sat.  As this is being written we are seeing levels rising to 0.18 and 0.22 sat. Rising or falling price levels are in a large part dependant on the continued support of the QWC community.

Another milestone which QWC recently achieved is 60,000 blocks mined.   It was our plan to become listed on an exchange after 60,000 blocks, as evidenced we are pleased that we were able to beat that goal by several thousand blocks.

As a management team we have to give HUGE KUDOS to all the members of the QWC community for their direct and indirect support on CREX24, Telegram, Discord and Reddit!  This was all accomplished due to your community support without premining or a QWC ICO.

Thank you for your amazing support!

The Qwertycoin Management Team

CREX24 – https://crex24.com/exchange/QWC-BTC
Telegram Channel – https://t.me/qwertycoin
Discord – https://discord.gg/UnxQSPp
Reddit – https://www.reddit.com/r/QWERTYCOIN/
Twitter – https://twitter.com/Qwertycoin_QWC

[xenonjh]

Polish Reserverd

Bounty/Rewards:

Translations

175,000 QWC for a full Translation of Initial Posting (Post #1) of this ANN.
Needed Translations:

• Hindi
• Arabic
• Bengali
• Japanese
• Punjabi / Lahnda
• Javanese
• Telugu
• Marathi
• Tamil
• Vietnamese
• Urdu
• Italian
• Polish

Need another language? Than reserve it, make sure that no one else will translate it and start earning QWC. (Leave a comment with your Language)

Also: Add a Link to official ANN like

Official Discussion:
https://bitcointalk.org/index.php?topic=2881418.0

Thread Source: https://qwertycoin.org/files/btt_thread-source.txt  So you just copy this template and translate in your Language.


Join our Telegram Channel: https://t.me/qwertycoin

[Qwertycoin_QWC]

Qwertycoin has been listed on http://CoinLib.io ! View market stats for QWC now:
https://coinlib.io/coin/QWC/Qwertycoin

As always, join the Community on Telegram for the fastest responses as well as support.
Qwertycoin Community: https://t.me/qwertycoin | Qwertycoin Support: https://t.me/qwc_support

We look forward to seeing you there.

---

On another note:

We'd like to know your thoughts on changing to an ASIC resistant algorithm for Qwertycoin.
We understand that some members of the community have previously shared their thoughts, but we'd like to get feedback from a wider audience - members looking to join QWC and all.

If you'd like to share your opinions on the matter, please feel free to join the above links or post in this thread.

Thank you.

[namphung123]

Vietnamese is translated. https://bitcoingarden.org/forum/index.php?topic=35831
QWC: QWC1LmzdLBhZAPhyS7YWV64XUDrmf4AGefJCFpkPKCdhjc8naV1S5QFQotoGiMSxNbGEkQ7YnCZ5Ph7 RdY9TVrUA5E6Uh8ZY68

Bounty/Rewards:

Translations

175,000 QWC for a full Translation of Initial Posting (Post #1) of this ANN.
Needed Translations:

• Hindi
• Arabic
• Bengali
• Japanese
• Punjabi / Lahnda
• Javanese
• Telugu
• Marathi
• Tamil
• Vietnamese
• Urdu
• Italian
• Polish

Need another language? Than reserve it, make sure that no one else will translate it and start earning QWC. (Leave a comment with your Language)

Also: Add a Link to official ANN like

Official Discussion:
https://bitcointalk.org/index.php?topic=2881418.0

Thread Source: https://qwertycoin.org/files/btt_thread-source.txt  So you just copy this template and translate in your Language.


Join our Telegram Channel: https://t.me/qwertycoin

[dvijaydev46]

More than two days and transactions are not confirmed. I'm using the latest wallet (2.2.2). Any thoughts?

[kostepanych2]

How to mine this?
Is there any working pools?
Or solo mining only?

[davey76]

How to mine this?
Is there any working pools?
Or solo mining only?

Did you read this topic? This information is all over the place.

[namphung123]

More than two days and transactions are not confirmed. I'm using the latest wallet (2.2.2). Any thoughts?

Lastest wallet was 2.2.3 just 2 days ago. Download it here:
https://github.com/qwertycoin-org/qwertycoin-gui/releases

[dvijaydev46]

More than two days and transactions are not confirmed. I'm using the latest wallet (2.2.2). Any thoughts?

Lastest wallet was 2.2.3 just 2 days ago. Download it here:
https://github.com/qwertycoin-org/qwertycoin-gui/releases

Thank you. Now using the 2.2.3 version. The transactions are still unconfirmed.

[GoodZilla]

Qwertycoin has been listed on http://CoinLib.io ! View market stats for QWC now:
https://coinlib.io/coin/QWC/Qwertycoin

As always, join the Community on Telegram for the fastest responses as well as support.
Qwertycoin Community: https://t.me/qwertycoin | Qwertycoin Support: https://t.me/qwc_support

We look forward to seeing you there.

---

On another note:

We'd like to know your thoughts on changing to an ASIC resistant algorithm for Qwertycoin.
We understand that some members of the community have previously shared their thoughts, but we'd like to get feedback from a wider audience - members looking to join QWC and all.

If you'd like to share your opinions on the matter, please feel free to join the above links or post in this thread.

Thank you.

I prefer 100% ASIC resistant algorithms.
Is more democratic.

[Qwertycoin_QWC]

More than two days and transactions are not confirmed. I'm using the latest wallet (2.2.2). Any thoughts?

Lastest wallet was 2.2.3 just 2 days ago. Download it here:
https://github.com/qwertycoin-org/qwertycoin-gui/releases

Thank you. Now using the 2.2.3 version. The transactions are still unconfirmed.

Please check the transaction hashes of your transactions through the Explorer: https://explorer.qwertycoin.org
There's a small backlog of TXs at the moment (400+), so they should be pushed through eventually. Any coins that sit in the mempool too long will be removed and sent back to the user within 7 days.

I prefer 100% ASIC resistant algorithms.
Is more democratic.

Thank you, I understand and appreciate your opinion.

[crazyer1976]

I prefer 100% ASIC resistant algorithms.
Is more democratic.

I agree completely. In recent years, the complexity has increased a lot and I get much less coins from my rig. I am sure it is ASIC's fault. All known coins changed the algorithm to increase the resistance to ASIC. The rest will be attacked)))

[newmz]

Qwertycoin has been listed on http://CoinLib.io ! View market stats for QWC now:
https://coinlib.io/coin/QWC/Qwertycoin

As always, join the Community on Telegram for the fastest responses as well as support.
Qwertycoin Community: https://t.me/qwertycoin | Qwertycoin Support: https://t.me/qwc_support

We look forward to seeing you there.

---

On another note:

We'd like to know your thoughts on changing to an ASIC resistant algorithm for Qwertycoin.
We understand that some members of the community have previously shared their thoughts, but we'd like to get feedback from a wider audience - members looking to join QWC and all.

If you'd like to share your opinions on the matter, please feel free to join the above links or post in this thread.

Thank you.

I already have made my opinion known about this, but in perhaps a bit of a rude way earlier in the thread.

I have a friend who is happily mining QWC with a couple of 1080ti's and some CPUs and making many thousands of them a day - hoping that this coin may one day be worth even $0.10 and he will make some good profit.

I understand his reasoning, and I want to investigate this coin more to try to understand if there is anything that makes it "different" or have some utility to make it stand out amongst the thousands of "shitcoins" out there and if I do like what I find in my research I may mine some too, BUT....

if this coin gains in price and volume enough to get enough attention that plain cryptonight ASIC miners start pointing their hash-rate at it, it will be terrible for the coin IMHO because it will centralize hashing power (CPU/GPU only coins are usually inherently more decentralized) and you will have individuals or groups with large amounts of hash-rate and coins who can manipulate it's price. One example is someone who has lots of hash power of cryptonight can mine QWT right now and make probably millions of coins in days. Then they could "undersell" to artificially lower the price, then once the price has lowered enough they buy back many more, then they wait a week or three and do it again, until they have a huge number of coins. Then they engage in pumping the coin by spending money on social media campaigns to hype it, then they dump all their coins when the price has spiked up a bit.
I think that CPU only coins are ultimately the most decentralized but I don't know how hard it is to find an algorithm like that. MAGI coin has done it for years with M7M. GPU algorithms that use low power or can be mined with almost any GPU are good too.

Anyway, my point is I really WISH you would move away from a non-ASIC resistant algorithm. I wish all coins would but it's too late for the ones that have already gone through CPU to GPU to FPGA to ASIC, unless they fork of course. I think it was very brave of Monero to fork given the market cap they have because forking is always risky and controversial.

This coin is still young and forking it would be easier now than later.

[Qwertycoin_QWC]

I already have made my opinion known about this, but in perhaps a bit of a rude way earlier in the thread.

I have a friend who is happily mining QWC with a couple of 1080ti's and some CPUs and making many thousands of them a day - hoping that this coin may one day be worth even $0.10 and he will make some good profit.

I understand his reasoning, and I want to investigate this coin more to try to understand if there is anything that makes it "different" or have some utility to make it stand out amongst the thousands of "shitcoins" out there and if I do like what I find in my research I may mine some too, BUT....

if this coin gains in price and volume enough to get enough attention that plain cryptonight ASIC miners start pointing their hash-rate at it, it will be terrible for the coin IMHO because it will centralize hashing power (CPU/GPU only coins are usually inherently more decentralized) and you will have individuals or groups with large amounts of hash-rate and coins who can manipulate it's price. One example is someone who has lots of hash power of cryptonight can mine QWT right now and make probably millions of coins in days. Then they could "undersell" to artificially lower the price, then once the price has lowered enough they buy back many more, then they wait a week or three and do it again, until they have a huge number of coins. Then they engage in pumping the coin by spending money on social media campaigns to hype it, then they dump all their coins when the price has spiked up a bit.
I think that CPU only coins are ultimately the most decentralized but I don't know how hard it is to find an algorithm like that. MAGI coin has done it for years with M7M. GPU algorithms that use low power or can be mined with almost any GPU are good too.

Anyway, my point is I really WISH you would move away from a non-ASIC resistant algorithm. I wish all coins would but it's too late for the ones that have already gone through CPU to GPU to FPGA to ASIC, unless they fork of course. I think it was very brave of Monero to fork given the market cap they have because forking is always risky and controversial.

This coin is still young and forking it would be easier now than later.

Thank you for your thoughts, we appreciate the feedback and will be discussing the prospect of anti-ASIC algorithms in the near future.

[Lexxon]

I will express my opinion repeatedly, without changing the algorithm to ASIC-resistant, we risk being exposed to centralization.

[FranklinsAce]

I will express my opinion repeatedly, without changing the algorithm to ASIC-resistant, we risk being exposed to centralization.

https://www.reddit.com/r/QWERTYCOIN/comments/8gi8xt/a_case_for_asic_resistance/

[FranklinsAce]

Qwertycoin has been listed on http://CoinLib.io ! View market stats for QWC now:
https://coinlib.io/coin/QWC/Qwertycoin

As always, join the Community on Telegram for the fastest responses as well as support.
Qwertycoin Community: https://t.me/qwertycoin | Qwertycoin Support: https://t.me/qwc_support

We look forward to seeing you there.

---

On another note:

We'd like to know your thoughts on changing to an ASIC resistant algorithm for Qwertycoin.
We understand that some members of the community have previously shared their thoughts, but we'd like to get feedback from a wider audience - members looking to join QWC and all.

If you'd like to share your opinions on the matter, please feel free to join the above links or post in this thread.

Thank you.

I already have made my opinion known about this, but in perhaps a bit of a rude way earlier in the thread.

I have a friend who is happily mining QWC with a couple of 1080ti's and some CPUs and making many thousands of them a day - hoping that this coin may one day be worth even $0.10 and he will make some good profit.

I understand his reasoning, and I want to investigate this coin more to try to understand if there is anything that makes it "different" or have some utility to make it stand out amongst the thousands of "shitcoins" out there and if I do like what I find in my research I may mine some too, BUT....

if this coin gains in price and volume enough to get enough attention that plain cryptonight ASIC miners start pointing their hash-rate at it, it will be terrible for the coin IMHO because it will centralize hashing power (CPU/GPU only coins are usually inherently more decentralized) and you will have individuals or groups with large amounts of hash-rate and coins who can manipulate it's price. One example is someone who has lots of hash power of cryptonight can mine QWT right now and make probably millions of coins in days. Then they could "undersell" to artificially lower the price, then once the price has lowered enough they buy back many more, then they wait a week or three and do it again, until they have a huge number of coins. Then they engage in pumping the coin by spending money on social media campaigns to hype it, then they dump all their coins when the price has spiked up a bit.
I think that CPU only coins are ultimately the most decentralized but I don't know how hard it is to find an algorithm like that. MAGI coin has done it for years with M7M. GPU algorithms that use low power or can be mined with almost any GPU are good too.

Anyway, my point is I really WISH you would move away from a non-ASIC resistant algorithm. I wish all coins would but it's too late for the ones that have already gone through CPU to GPU to FPGA to ASIC, unless they fork of course. I think it was very brave of Monero to fork given the market cap they have because forking is always risky and controversial.

This coin is still young and forking it would be easier now than later.

Which algorithm do you suggest?  and why?

[newmz]

Qwertycoin has been listed on http://CoinLib.io ! View market stats for QWC now:
https://coinlib.io/coin/QWC/Qwertycoin

As always, join the Community on Telegram for the fastest responses as well as support.
Qwertycoin Community: https://t.me/qwertycoin | Qwertycoin Support: https://t.me/qwc_support

We look forward to seeing you there.

---

On another note:

We'd like to know your thoughts on changing to an ASIC resistant algorithm for Qwertycoin.
We understand that some members of the community have previously shared their thoughts, but we'd like to get feedback from a wider audience - members looking to join QWC and all.

If you'd like to share your opinions on the matter, please feel free to join the above links or post in this thread.

Thank you.

I already have made my opinion known about this, but in perhaps a bit of a rude way earlier in the thread.

I have a friend who is happily mining QWC with a couple of 1080ti's and some CPUs and making many thousands of them a day - hoping that this coin may one day be worth even $0.10 and he will make some good profit.

I understand his reasoning, and I want to investigate this coin more to try to understand if there is anything that makes it "different" or have some utility to make it stand out amongst the thousands of "shitcoins" out there and if I do like what I find in my research I may mine some too, BUT....

if this coin gains in price and volume enough to get enough attention that plain cryptonight ASIC miners start pointing their hash-rate at it, it will be terrible for the coin IMHO because it will centralize hashing power (CPU/GPU only coins are usually inherently more decentralized) and you will have individuals or groups with large amounts of hash-rate and coins who can manipulate it's price. One example is someone who has lots of hash power of cryptonight can mine QWT right now and make probably millions of coins in days. Then they could "undersell" to artificially lower the price, then once the price has lowered enough they buy back many more, then they wait a week or three and do it again, until they have a huge number of coins. Then they engage in pumping the coin by spending money on social media campaigns to hype it, then they dump all their coins when the price has spiked up a bit.
I think that CPU only coins are ultimately the most decentralized but I don't know how hard it is to find an algorithm like that. MAGI coin has done it for years with M7M. GPU algorithms that use low power or can be mined with almost any GPU are good too.

Anyway, my point is I really WISH you would move away from a non-ASIC resistant algorithm. I wish all coins would but it's too late for the ones that have already gone through CPU to GPU to FPGA to ASIC, unless they fork of course. I think it was very brave of Monero to fork given the market cap they have because forking is always risky and controversial.

This coin is still young and forking it would be easier now than later.

Which algorithm do you suggest?  and why?

I think a very obvious and reasonable choice would be cryptonightv7 (if I have that correct?) the same algorithm chosen by other coins previously using cryptonight and chosen for precisely the reasons we have been discussing (ASIC mining resistance).

Many of the software "miners" people already use for qwertycoin have already updated to include this capability so it would be relatively easy for many people to just slightly change some miner config and keep mining. An example is XMR-Stak.

Obviously a hard fork is a big deal, but I am very interested in this coin BUT I will not mine it without the change. Then if you did change I would probably mine immediately and for quite a while, because everything else about this seems good to my "prospectors instincts".