seandaniel
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July 17, 2014, 09:55:29 AM |
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Nice graphic DOGE is a story that never ends...much time /so eternal. Nice
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niothor
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July 17, 2014, 01:22:51 PM |
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i think that time to add proof of stake has come for doge
With the recent vrc mintpal fiasco I think this is the worst time to ever think about such thing.
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Hueristic
Legendary
Offline
Activity: 3850
Merit: 5015
Doomed to see the future and unable to prevent it
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July 17, 2014, 01:33:30 PM |
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i think that time to add proof of stake has come for doge
With the recent vrc mintpal fiasco I think this is the worst time to ever think about such thing. Apparently it was a security hole in mintpal and had nothing to do with POS. although there are alot of thoughts on POS security holes which I am not qualified to make a decision on.
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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lynn_402
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July 17, 2014, 01:42:33 PM |
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i think that time to add proof of stake has come for doge
With the recent vrc mintpal fiasco I think this is the worst time to ever think about such thing. Apparently it was a security hole in mintpal and had nothing to do with POS. although there are alot of thoughts on POS security holes which I am not qualified to make a decision on. Vericoin had the disadvantage that 30% of the coins were kept on a single exchange. Dogecoin, being quite older, has a better distribution, which means that even if an exchange was hacked it would probably not be enough to make a PoS attack. Especially if PoS is implemented only on the 600000th block.
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niothor
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July 17, 2014, 01:49:36 PM |
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i think that time to add proof of stake has come for doge
With the recent vrc mintpal fiasco I think this is the worst time to ever think about such thing. Apparently it was a security hole in mintpal and had nothing to do with POS. although there are alot of thoughts on POS security holes which I am not qualified to make a decision on. The problems is when somebody can get 51% of the coins , in theory. But also in theory it has been proven that an attack could be run with far less than 51% coins. In the February runs cryptsy had also a huge volume of dogecoins and you never know....
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lynn_402
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July 17, 2014, 01:53:29 PM |
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i think that time to add proof of stake has come for doge
With the recent vrc mintpal fiasco I think this is the worst time to ever think about such thing. Apparently it was a security hole in mintpal and had nothing to do with POS. although there are alot of thoughts on POS security holes which I am not qualified to make a decision on. The problems is when somebody can get 51% of the coins , in theory. But also in theory it has been proven that an attack could be run with far less than 51% coins. In the February runs cryptsy had also a huge volume of dogecoins and you never know.... Imho, it seems more likely that an organization could have access to an hashrate bigger than 51% of our network, especially after the next few halvings, than someone could steal enough coins from an exchange to do a 51% attack. And anyways, a huge percentage of Dogecoin being stolen would have way more impact in itself than the 51% attack that would possibly follow.
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maese123
Member
Offline
Activity: 72
Merit: 10
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July 17, 2014, 02:47:05 PM |
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dogecoin will return someday to have market value? is profitable for minning or is dead? thnks
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niothor
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July 17, 2014, 02:52:45 PM |
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dogecoin will return someday to have market value? is profitable for minning or is dead? thnks
To the first question nobody can give you an example. For the second check : http://www.coinwarz.com/cryptocurrency. And no , it is not dead , that is for sure.
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Hueristic
Legendary
Offline
Activity: 3850
Merit: 5015
Doomed to see the future and unable to prevent it
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July 17, 2014, 04:01:12 PM |
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i think that time to add proof of stake has come for doge
With the recent vrc mintpal fiasco I think this is the worst time to ever think about such thing. Apparently it was a security hole in mintpal and had nothing to do with POS. although there are alot of thoughts on POS security holes which I am not qualified to make a decision on. The problems is when somebody can get 51% of the coins , in theory. But also in theory it has been proven that an attack could be run with far less than 51% coins. In the February runs cryptsy had also a huge volume of dogecoins and you never know.... Are you saying someone could try to roll back the chain to a point where they held 51% ? I don't think thats possible.
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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Bit_Happy
Legendary
Offline
Activity: 2114
Merit: 1040
A Great Time to Start Something!
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July 17, 2014, 04:04:36 PM |
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DOGE is very much alive: It's looking like a solid base is forming and everyone who buys now can easily make a HUGE % gain in the near future, but... It's not all about the money, DOGE can help change the world! ^^^Seriously, at least until BTC changes their fee structure, Dogecoin is fantastic for small payments, and those can add up to be big business.
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fishy91
Member
Offline
Activity: 63
Merit: 10
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July 17, 2014, 04:18:47 PM |
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When do you think the next really big price rise will be?
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lynn_402
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July 17, 2014, 04:21:56 PM |
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i think that time to add proof of stake has come for doge
With the recent vrc mintpal fiasco I think this is the worst time to ever think about such thing. Apparently it was a security hole in mintpal and had nothing to do with POS. although there are alot of thoughts on POS security holes which I am not qualified to make a decision on. The problems is when somebody can get 51% of the coins , in theory. But also in theory it has been proven that an attack could be run with far less than 51% coins. In the February runs cryptsy had also a huge volume of dogecoins and you never know.... Are you saying someone could try to roll back the chain to a point where they held 51% ? I don't think thats possible. An attack on PoS would need 51% of all coins only if everyone was stacking all their coins, and none had been loss. If 50% of the coins are being staked, then 25% of the total coin supply would be needed to attack.
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Bit_Happy
Legendary
Offline
Activity: 2114
Merit: 1040
A Great Time to Start Something!
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July 17, 2014, 04:23:30 PM |
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When do you think the next really big price rise will be?
Large % moves are easy, the recent move from ~32 to 48 was a full 50% which is really quite good. An actual Rally back to 100/200/300 is uncertain, but it sure would be exciting.
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lynn_402
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July 17, 2014, 04:30:34 PM |
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When do you think the next really big price rise will be?
Large % moves are easy, the recent move from ~32 to 48 was a full 50% which is really quite good. An actual Rally back to 100/200/300 is uncertain, but it sure would be exciting. Today's rally from 36 to 42 was quite nice too
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Bit_Happy
Legendary
Offline
Activity: 2114
Merit: 1040
A Great Time to Start Something!
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July 17, 2014, 04:36:35 PM |
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When do you think the next really big price rise will be?
Large % moves are easy, the recent move from ~32 to 48 was a full 50% which is really quite good. An actual Rally back to 100/200/300 is uncertain, but it sure would be exciting. Today's rally from 36 to 42 was quite nice too Yes I didn't notice right away, then I did, but Cryptsy has a "maintenance notice" and cannot log back in. Hopefully, they will be back up and working soon.
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lynn_402
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July 17, 2014, 04:45:42 PM |
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When do you think the next really big price rise will be?
Large % moves are easy, the recent move from ~32 to 48 was a full 50% which is really quite good. An actual Rally back to 100/200/300 is uncertain, but it sure would be exciting. Today's rally from 36 to 42 was quite nice too Yes I didn't notice right away, then I did, but Cryptsy has a "maintenance notice" and cannot log back in. Hopefully, they will be back up and working soon. That's weird, it's been working right for me. Might explain why the volume is relatively low. Good luck on being able to log back in soon.
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seandaniel
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July 17, 2014, 10:22:16 PM |
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do you think guys doge will back to 200s satoshi?
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jaykoolzboy
Member
Offline
Activity: 92
Merit: 10
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July 17, 2014, 10:22:55 PM |
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do you think guys doge will back to 200s satoshi?
not sure about 200s, but very likely something around 100 - 150 for a long run.
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drumamat
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July 17, 2014, 10:27:27 PM |
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do you think guys doge will back to 200s satoshi?
not sure about 200s, but very likely something around 100 - 150 for a long run. Agreed, I think 100/150 is totally possible ! Now, being able to say when is another story...
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