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Author Topic: nmc mined with btc  (Read 619 times)
btchaver (OP)
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December 04, 2013, 07:53:34 PM
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Is there any chance of nmc being used as the same value as btc in the future so being a pairity where they are used mine together to mine sharing 50% each in the difficulty or the process of hashing making ltc worth the same as btc one day maybe?


Is this possible or am i just wasting my time.   here is a link i found i thought might be true or am i just wasting my time.

 
http://dot-bit.org/forum/viewtopic.php?f=2&t=1372
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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notme
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December 04, 2013, 08:24:41 PM
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It is called merged mining and it is already implemented.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
Barek
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December 04, 2013, 08:38:04 PM
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Also note that Namecoin's primary use is not that of a currency but rather a a decentralized generic name/value datastore system.

For example, Namecoin can be spent to register .bit domains.
vpitcher07
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December 04, 2013, 08:43:06 PM
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If you mine with BTC guild you automatically mine NMC alongside BTC

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GigaCoin
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December 04, 2013, 08:47:08 PM
 #5

Is there any chance of nmc being used as the same value as btc in the future so being a pairity where they are used mine together to mine sharing 50% each in the difficulty or the process of hashing making ltc worth the same as btc one day maybe?


Is this possible or am i just wasting my time.   here is a link i found i thought might be true or am i just wasting my time.

 
http://dot-bit.org/forum/viewtopic.php?f=2&t=1372

i'm  confused about NMC personally, i admit i own some but this is the kind of coin that one day might either be worth alot (which i'm hoping for) or worth very little (like $10-$20 max)

virtualmaster
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December 04, 2013, 09:42:30 PM
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Is there any chance of nmc being used as the same value as btc in the future so being a pairity where they are used mine together to mine sharing 50% each in the difficulty or the process of hashing making ltc worth the same as btc one day maybe?


Is this possible or am i just wasting my time.   here is a link i found i thought might be true or am i just wasting my time.

 
http://dot-bit.org/forum/viewtopic.php?f=2&t=1372
I am glad that you are environment-conscious.
http://dot-bit.org/forum/viewtopic.php?f=2&t=1372

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