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Author Topic: [ANN][Datacoin] Datacoin blockchain start announcement (Minor code upd + logo)  (Read 159295 times)
ImI
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November 24, 2013, 06:20:52 PM
 #321


whats the block size?
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November 24, 2013, 06:33:15 PM
 #322


whats the block size?

1MB per block maximum, blockchain now is near 40 MB

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November 24, 2013, 06:34:25 PM
 #323


whats the block size?

1MB per block maximum, blockchain now is near 40 MB

ok and that means the miner gets 1MB???
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November 24, 2013, 06:58:28 PM
 #324

Created an information sheet
https://bitcointalk.org/index.php?topic=345190.msg3699194#msg3699194

Anything I should add?

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November 24, 2013, 07:08:30 PM
 #325

Now I'm talking to developers and miners in YPool chat, you can also join !
http://ypool.net/chat
And we still need help for mining/pool software , started creation of it, but if you can help, please PM me


Botnets will kill this coin if we go there. Look at their top miners.

+1

Radix - just imagine
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November 24, 2013, 07:13:11 PM
 #326

Created an information sheet
https://bitcointalk.org/index.php?topic=345190.msg3699194#msg3699194

Anything I should add?
Yes, add specs of DTC - how much coins, when subsidy halving, etc
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November 24, 2013, 07:21:43 PM
 #327

Created an information sheet
https://bitcointalk.org/index.php?topic=345190.msg3699194#msg3699194

Anything I should add?
Yes, add specs of DTC - how much coins, when subsidy halving, etc

Do you have the specs?

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November 24, 2013, 08:36:12 PM
 #328

Created an information sheet
https://bitcointalk.org/index.php?topic=345190.msg3699194#msg3699194

Anything I should add?
Yes, add specs of DTC - how much coins, when subsidy halving, etc

Do you have the specs?

Here is a short spec:

2.000.000.000 coins will be emitted.

Block reward gradually goes down as difficulty rises (no halving) as in Primecoin. But finally it is a bit different from Primecoin: tx fee is high (0.05 DTC per 1Kb) => fully loaded block (1024Kb) gives ~50DTC in plus to block reward. This is expected in future.

Block target is 1 minute.

Max block size is 1Mb.
Max tx size is 128Kb.
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November 24, 2013, 09:21:56 PM
 #329

I am confused about the fees for storing files. What is to stop someone from modifying the code to just insert files for free? From what I understand there is nothing in the algorithm that would actually prevent that.

Thank you for the question. Nothing stops us from modifying mintxfee as soon as txfee isn't a hard rule: block will be accepted with zero tx fee.

There is two kinds of mintxfee:

1) minimal tx fee that limits me (as a miner) to accept tx into block
2) minimal tx fee that limits me (as a node) to relay tx to other nodes

As a miner I can accept lowfee txes into my memory pool but these txes will be accepted by other nodes only with blocks I've mined myself. This means that lowfee txes will reach other nodes much slower.
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November 24, 2013, 09:33:47 PM
 #330

I am confused about the fees for storing files. What is to stop someone from modifying the code to just insert files for free? From what I understand there is nothing in the algorithm that would actually prevent that.

Thank you for the question. Nothing stops us from modifying mintxfee as soon as txfee isn't a hard rule: block will be accepted with zero tx fee.

There is two kinds of mintxfee:

1) minimal tx fee that limits me (as a miner) to accept tx into block
2) minimal tx fee that limits me (as a node) to relay tx to other nodes

As a miner I can accept lowfee txes into my memory pool but these txes will be accepted by other nodes only with blocks I've mined myself. This means that lowfee txes will reach other nodes much slower.

...and no confidence that it will reach other nodes at all, correct?

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November 24, 2013, 10:05:40 PM
 #331

I am confused about the fees for storing files. What is to stop someone from modifying the code to just insert files for free? From what I understand there is nothing in the algorithm that would actually prevent that.

Thank you for the question. Nothing stops us from modifying mintxfee as soon as txfee isn't a hard rule: block will be accepted with zero tx fee.

There is two kinds of mintxfee:

1) minimal tx fee that limits me (as a miner) to accept tx into block
2) minimal tx fee that limits me (as a node) to relay tx to other nodes

As a miner I can accept lowfee txes into my memory pool but these txes will be accepted by other nodes only with blocks I've mined myself. This means that lowfee txes will reach other nodes much slower.

...and no confidence that it will reach other nodes at all, correct?

Yes.
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November 25, 2013, 12:48:12 AM
 #332

Buy DTC 1Dtc = 0.00009BTC
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November 25, 2013, 02:50:01 AM
 #333

Buy DTC 1Dtc = 0.00009BTC

Exchange
https://bitcointalk.org/index.php?topic=343297.0

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November 25, 2013, 04:35:45 AM
 #334

any miner for DTC guys?

jpmi1
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November 25, 2013, 04:40:27 AM
 #335

any miner for DTC guys?

Currently just use the client miner.

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November 25, 2013, 04:42:17 AM
 #336

any miner for DTC guys?

Currently just use the client miner.

what is client miner, do ya means the qt?

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November 25, 2013, 04:52:12 AM
 #337

any miner for DTC guys?

Currently just use the client miner.

what is client miner, do ya means the qt?

datacoin-qt or datacoind.

Remember to setup datacoin.conf

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November 25, 2013, 05:00:31 AM
 #338

i'm running on qt version, but seem current diff is too high for solo mining.

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November 25, 2013, 06:09:57 AM
 #339

i'm running on qt version, but seem current diff is too high for solo mining.

We are working hard to get pool mining up. Currently talking to some pool operators & exploring possibility of developing pool s/w for datacoin.

Regards.

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November 25, 2013, 06:30:36 AM
 #340

i'm running on qt version, but seem current diff is too high for solo mining.

We are working hard to get pool mining up. Currently talking to some pool operators & exploring possibility of developing pool s/w for datacoin.

Regards.

hopefully ypool will add datacoin soon - I'll talk to them today. Also I requested support from beeeer, but still no answers from their members (they're offline all the time). Can anyone provide me any other their contacts instead of forum PMs?


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