prophetx
Legendary
 Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
|
 |
November 12, 2013, 08:30:25 PM |
|
Selling PTS for 0.08 BTC each.
I have 100 PTS.
posted this here, on my google drive order book http://bit.ly/protoshares |
|
|
|
|
|
|
|
|
|
|
|
|
|
Be very wary of relying on JavaScript for security on crypto sites. The site can change the JavaScript at any time unless you take unusual precautions, and browsers are not generally known for their airtight security.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
|
bytemaster
|
|
November 12, 2013, 08:57:21 PM |
|
Regarding fairness of the mining I can tell you all this:
1) There are at least 3 or 4 'supper clusters' mining this thing, none of which belong to Invictus
2) Our mining hardware was delayed in shipping, we just received the first batch of machines so we were left to mine with about a dozen machines we had around.
3) To supplement our mining we had 100 instances in digital ocean, but because of the high-frequency of finding blocks the machines were too slow to "get up momentum" before being reset by the next block.
4) The client was not built by Invictus, but for Invictus by FreeTrade. FreeTrade forgot to change the difficulty adjustment period like we requested and it resulted in the need for a hard fork.
5) Our seed nodes had 1000's of connections in the very first hour.
Connectivity issues in the network were a result of the linux client crashing after the fork, this took out the seed nodes as well until we got it fixed.
Overall I would consider it a lottery where the people who benefited the most were those who could spin up 1000 node clusters.
In my own mining pool I had over 3000 connections. Now my pool has less than 50% of the hash power thanks to ypool and their faster proof of work.
Anyway, this is not a situation where Invictus was running away with the money supply and *everyone* had equal opportunity to mine.
I know that one user of my pool has walked away with ~30,000 PTS with 1800 nodes connected at the high.
So, PTS is available to anyone who is willing to invest in the time and effort to mine it or buy it.
Am I upset that we didn't rake in a large part of the supply? No. Because the goal was to decentralize it and that is exactly what happened.
|
|
|
|
prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
|
|
November 12, 2013, 09:02:41 PM |
|
Regarding fairness of the mining I can tell you all this:
1) There are at least 3 or 4 'supper clusters' mining this thing, none of which belong to Invictus
2) Our mining hardware was delayed in shipping, we just received the first batch of machines so we were left to mine with about a dozen machines we had around.
3) To supplement our mining we had 100 instances in digital ocean, but because of the high-frequency of finding blocks the machines were too slow to "get up momentum" before being reset by the next block.
4) The client was not built by Invictus, but for Invictus by FreeTrade. FreeTrade forgot to change the difficulty adjustment period like we requested and it resulted in the need for a hard fork.
5) Our seed nodes had 1000's of connections in the very first hour.
Connectivity issues in the network were a result of the linux client crashing after the fork, this took out the seed nodes as well until we got it fixed.
Overall I would consider it a lottery where the people who benefited the most were those who could spin up 1000 node clusters.
In my own mining pool I had over 3000 connections. Now my pool has less than 50% of the hash power thanks to ypool and their faster proof of work.
Anyway, this is not a situation where Invictus was running away with the money supply and *everyone* had equal opportunity to mine.
I know that one user of my pool has walked away with ~30,000 PTS with 1800 nodes connected at the high.
So, PTS is available to anyone who is willing to invest in the time and effort to mine it or buy it.
Am I upset that we didn't rake in a large part of the supply? No. Because the goal was to decentralize it and that is exactly what happened.
Well I am glad that the pools are up and running, finally getting some PTS so I think I will go and hook up a few more |
|
|
|
|
Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
|
|
November 12, 2013, 09:27:18 PM |
|
They seem to be priced pretty high without an exchange.
|
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
|
|
|
bytemaster
|
|
November 12, 2013, 09:30:38 PM |
|
They seem to be priced pretty high without an exchange.
Actually, they are incredibly cheap considering their value proposition relative to feather coin. |
|
|
|
|
Orrechorre
|
|
November 12, 2013, 09:36:40 PM |
|
They seem to be priced pretty high without an exchange.
there is one exchange https://www.coingrounds.com, it is still in beta but it works really good. |
|
|
|
|
l3jmr
Member
Offline
Activity: 99
Merit: 10
|
|
November 12, 2013, 09:45:14 PM |
|
They seem to be priced pretty high without an exchange.
there is one exchange https://www.coingrounds.com, it is still in beta but it works really good. This aint even running yet ? or i dont know how to use it |
⚫ ⚫ ⚫ Listen to the weekly altcoinsidekick.com podcast to understand what cryptocurrency is really all about. ⚫ ⚫ ⚫ |
|
|
|
|
l3jmr
Member
Offline
Activity: 99
Merit: 10
|
|
November 12, 2013, 09:57:33 PM |
|
registration disabled...  |
⚫ ⚫ ⚫ Listen to the weekly altcoinsidekick.com podcast to understand what cryptocurrency is really all about. ⚫ ⚫ ⚫ |
|
|
NUFCrichard
Legendary
Offline
Activity: 1218
Merit: 1003
|
|
November 12, 2013, 10:07:25 PM |
|
The Block Rate is still way off, about 1 per minute. Will we get another massive difficulty increase?
|
|
|
|
|
Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
|
|
November 12, 2013, 10:26:05 PM |
|
They seem to be priced pretty high without an exchange.
there is one exchange https://www.coingrounds.com, it is still in beta but it works really good. Okay looks good. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
|
|
testz
Legendary
Offline
Activity: 1764
Merit: 1018
|
|
November 12, 2013, 10:27:46 PM |
|
|
|
|
|
|
bytemaster
|
|
November 12, 2013, 10:59:44 PM |
|
The Block Rate is still way off, about 1 per minute. Will we get another massive difficulty increase?
Some people introduced new miners that are 5x faster... so I expect a 8x+ difficulty increase within the next 20 hours. |
|
|
|
|
lajz99
|
|
November 12, 2013, 11:22:36 PM |
|
The Block Rate is still way off, about 1 per minute. Will we get another massive difficulty increase?
Some people introduced new miners that are 5x faster... so I expect a 8x+ difficulty increase within the next 20 hours. What does this mean? and where do i get it? |
|
|
|
Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
|
|
November 12, 2013, 11:25:01 PM |
|
So the Chinese have already added it, interesting. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
|
|
NUFCrichard
Legendary
Offline
Activity: 1218
Merit: 1003
|
|
November 12, 2013, 11:37:55 PM |
|
The Block Rate is still way off, about 1 per minute. Will we get another massive difficulty increase?
Some people introduced new miners that are 5x faster... so I expect a 8x+ difficulty increase within the next 20 hours. Seems like a big increase but I guess it is better for then to try to get a handle on it quickly otherwise it'll be all mined out in the next few weeks! |
|
|
|
|
jonytk
Member
Offline
Activity: 106
Merit: 10
|
|
November 13, 2013, 01:28:02 AM |
|
just installed but not connecting, any nodes?
|
|
|
|
testz
Legendary
Offline
Activity: 1764
Merit: 1018
|
|
November 13, 2013, 01:57:38 AM |
|
just installed but not connecting, any nodes?
Be sure that you install version 0.2.0, list of nodes you can get here: http://bitsharestalk.org/index.php?topic=172.0Current block 13686 |
|
|
|
testz
Legendary
Offline
Activity: 1764
Merit: 1018
|
|
November 13, 2013, 03:28:49 AM |
|
ypool.net down
|
|
|
|
|
adoalli
|
|
November 13, 2013, 03:35:05 AM |
|
|
|
|
|
|
