Meni Rosenfeld (OP)
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October 02, 2013, 09:09:26 PM |
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I have started a new blog, Fiery Spinning Sword. It will be mostly about Bitcoin stuff. You are welcome to visit. Still playing around with the design.
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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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Meni Rosenfeld (OP)
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October 02, 2013, 09:09:52 PM Last edit: August 24, 2015, 10:51:55 PM by Meni Rosenfeld |
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tmbp
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October 02, 2013, 11:33:06 PM |
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Will your fed friends get our IPs?
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impulse
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October 02, 2013, 11:38:41 PM |
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Awesome, this is going to be great!
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herzmeister
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October 07, 2013, 10:35:04 AM |
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a bit of a quite poetic blog title for such a cold technical subject, ain't it?
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b!z
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October 07, 2013, 01:07:39 PM |
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a bit of a quite poetic blog title for such a cold technical subject, ain't it?
That's exactly what I thought
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Come-from-Beyond
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Newbie
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October 07, 2013, 01:41:57 PM |
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A bitcoin coin should be yellow. A blue one looks like a negative image. Is there any hidden meaning in a blue bitcoin coin?
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Meni Rosenfeld (OP)
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October 07, 2013, 02:31:11 PM |
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Will your fed friends get our IPs? I don't have have any Fed friends that I know of. Awesome, this is going to be great!
Thanks! a bit of a quite poetic blog title for such a cold technical subject, ain't it?
Who said anything about cold? A bitcoin coin should be yellow. A blue one looks like a negative image. Is there any hidden meaning in a blue bitcoin coin?
There's no "hidden" meaning, there's an obvious meaning - blue and white are the colors of the Israeli flag, and the blue-and-white Bitcoin is the logo of Bitcoil, the first (though currently inactive) Israeli Bitcoin exchange service. I've used it as my avatar on the Bitcoin forum for over two years, and by now it's also identified as my personal avatar.
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ColdHardMetal
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October 07, 2013, 02:37:54 PM |
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Who said anything about cold?
Me!
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Meni Rosenfeld (OP)
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November 22, 2013, 09:48:20 AM |
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Meni Rosenfeld (OP)
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February 25, 2014, 02:14:55 PM |
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PRJGen_bit
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February 25, 2014, 02:20:01 PM |
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very cool, great job!
like the idea of the blue and white representative colors
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sexydh80
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February 25, 2014, 03:03:18 PM |
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I have time will go to your blog to see what you wrote some articles about the currency
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Meni Rosenfeld (OP)
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February 03, 2015, 07:01:03 PM |
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Meni Rosenfeld (OP)
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August 24, 2015, 10:52:13 PM |
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tvbcof
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August 24, 2015, 11:17:29 PM |
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Sweet! This is pretty much exactly what I've been saying since the flare-up near the beginning of 2015 and I'm happy to see some confirmation (though it's not exactly rocket-science and I'm sure that other's have thought up the same thing.) Since you are a master at mining tech, could you comment on my thesis about mining: For simplicity's sake, lets say that there are only two chains (though I expect a possibility of many more when the shit hits the fan...) 'Core' and 'XT'. Let's also say that neither one takes special actions to substanatively change any protocols or 'monitor and screw' the other. Let's also stiplate that miners behavior will approximate market driven principles (nobody hires them as mercenaries and they don't have strong political beliefs.) Say Core market value is $100/coin Say XT market value is $200/coin I would expect that difficulty of each chain would adjust to how much mining effort was applied to supporting each. Thus, a miner would mine twice as many coins on Core as XT for a given total hash input. I would anticipate then that the mining power would approach a ratio which was represented by the market value of the respective coins. Since I do not fully understand how difficulties are represented in chains, I don't know if I am off-base in this thesis. Any thoughts?
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sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
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Meni Rosenfeld (OP)
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August 24, 2015, 11:47:08 PM |
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Say Core market value is $100/coin Say XT market value is $200/coin I would expect that difficulty of each chain would adjust to how much mining effort was applied to supporting each. Thus, a miner would mine twice as many coins on Core as XT for a given total hash input. I would anticipate then that the mining power would approach a ratio which was represented by the market value of the respective coins. Since I do not fully understand how difficulties are represented in chains, I don't know if I am off-base in this thesis. Any thoughts? That's basically correct, for a first-order approximation. But if most miners are opportunistic, always switching to whichever chain is more profitable, there could be serious oscillations in the hashrate of each chain. All of them will mine on one chain (the one which is slightly more profitable at the moment), then after ~2 weeks its difficulty will spike, and then they will all move to the other chain. Resolving this is an open problem.
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notbatman
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August 24, 2015, 11:58:23 PM |
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