profall
Full Member
 Offline
Activity: 298
Merit: 100
dApps Development Automation Platform
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February 02, 2014, 04:35:02 PM |
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Bought some TIPS, let's see where this goes.
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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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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madcoin
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February 02, 2014, 05:08:39 PM |
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I'm buying as much as I can before mixing and kimoto gravity well kicks in, mining as well..
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itraxe
Sr. Member
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Activity: 264
Merit: 252
alt coins trader/miner.
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February 02, 2014, 05:22:44 PM |
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Just look how many sells order cryptsy have  |
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skillrun
Member
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Activity: 98
Merit: 10
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February 02, 2014, 05:30:32 PM |
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I'm buying as much as I can before mixing and kimoto gravity well kicks in, mining as well..
kimoto gravity ? pls explain |
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Throne
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February 02, 2014, 05:33:53 PM |
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The news has been submitted to CoinDesk. Let's see if they will run the story. In the mean time people should be buying at these prices to TIP others and hold. Early adopters know what I'm talking about and especially, the slugs who sold in the beginning on coined up. Don't make the same mistake twice.
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skillrun
Member
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Activity: 98
Merit: 10
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February 02, 2014, 05:43:38 PM |
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so this update could help we get rid of this multipools ? How ? What will this update change? |
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madcoin
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February 02, 2014, 05:53:37 PM |
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Just look how many sells order cryptsy have walls will just move as price is rising.. I bet my arm and leg that 900 wall at 70 will be removed when price will reach near it. |
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oncebitcoinedtwiceshy
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February 02, 2014, 06:28:50 PM |
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Join the IRC, download the beta client and try mixing some coins with it  Code is also available on IRC so you can see how the coin mixing works, I'll be committing it to github shortly invisibel - well done on taking some steps forward, great to see some good honest feature development on any coin! |
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DarkVenu
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February 02, 2014, 06:37:20 PM |
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Let's go Fedoraaa !!!
Tomorrow ,i will try new big feature.
Nice job.
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ChevaL
Member
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Activity: 71
Merit: 10
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February 02, 2014, 07:38:58 PM |
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Why choose kimoto gravity over re-target at every block?
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invisibel (OP)
Member
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Activity: 98
Merit: 10
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February 02, 2014, 07:49:13 PM |
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Alright guys, we've chosen to delay the public release of the mixing feature until we've added support for multi-mixing nodes, which may take a few days (but then again I told people that coin mixing would take a week or two and I had it done in less than 12 hours  ) We'll probably be dropping the difficulty fix update before that though since it desperately needs fixing. Since it'll be a hard fork update make sure to watch this thread and keep up to date! Why choose kimoto gravity over re-target at every block?
As far as I know retargeting every block with the current algo is really inaccurate toward the hashrate of the network, that's why gravity well was made, to retarget every block, accurate to the network hashrate. This is what I've gathered so far though, I might be wrong, there really isn't a lot of info about it out there. To be honest I'm surprised so many coins use it while it's hardly documented. |
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skillrun
Member
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Activity: 98
Merit: 10
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February 02, 2014, 07:54:53 PM |
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those who have their coins all on cryptsy don´t need to update right?
Just have to download the new wallet and it´s done or am i wrong?
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ChevaL
Member
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Activity: 71
Merit: 10
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February 02, 2014, 08:06:13 PM |
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Alright guys, we've chosen to delay the public release of the mixing feature until we've added support for multi-mixing nodes, which may take a few days (but then again I told people that coin mixing would take a week or two and I had it done in less than 12 hours ) We'll probably be dropping the difficulty fix update before that though since it desperately needs fixing. Since it'll be a hard fork update make sure to watch this thread and keep up to date! Why choose kimoto gravity over re-target at every block?
As far as I know retargeting every block with the current algo is really inaccurate toward the hashrate of the network, that's why gravity well was made, to retarget every block, accurate to the network hashrate. This is what I've gathered so far though, I might be wrong, there really isn't a lot of info about it out there. To be honest I'm surprised so many coins use it while it's hardly documented. As long as something is being done from my experience as a miner, both options are doing a fine job of getting rid of multi pools (not totally tough.) Can we expect this update in the next following days invisibel ? |
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ChevaL
Member
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Activity: 71
Merit: 10
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February 02, 2014, 08:08:24 PM |
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those who have their coins all on cryptsy don´t need to update right?
Just have to download the new wallet and it´s done or am i wrong?
When an Hardfork update happens, you need to replace your QT client with the updated one, nothing else to do on your part. Cryptsy will have to be advised BEFORE the update and everything should be fine. |
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drdejanm
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February 02, 2014, 08:32:35 PM |
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OK, I just bough Fedoracoin much higher amount that I previously wanted. It is a good investment as I can see, best investment at this time! Good profit soon is guaranteed!
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skillrun
Member
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Activity: 98
Merit: 10
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February 02, 2014, 08:34:33 PM |
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those who have their coins all on cryptsy don´t need to update right?
Just have to download the new wallet and it´s done or am i wrong?
When an Hardfork update happens, you need to replace your QT client with the updated one, nothing else to do on your part. Cryptsy will have to be advised BEFORE the update and everything should be fine. Cryptsy will do everything. I will leave my coins there, so i don´t have to do anything. |
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invisibel (OP)
Member
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Activity: 98
Merit: 10
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February 02, 2014, 10:13:34 PM |
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As long as something is being done from my experience as a miner, both options are doing a fine job of getting rid of multi pools (not totally tough.) Can we expect this update in the next following days invisibel ? If all goes well then hopefully tomorrow  I just need to do some more research first and make sure it'll benefit us, nothing is set in stone though, we might choose to use a different algo altogether. Once I've decided I'll let you guys know  |
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CatKiwi
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February 02, 2014, 10:38:09 PM |
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So not 2 minutes after I remove my 47 Buy order for 100 million and buy at 49 some fuckwit dumps over 200 litecoins worth of TIPS and crashes the price to 46. FML!
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