hrnclk57
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Activity: 84
Merit: 11
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January 11, 2014, 03:23:53 PM |
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B99ED3kH9NiHeU4aABSC3v7YcTyDjhpfeE
thx
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novaboy2k
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January 11, 2014, 04:11:05 PM |
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Hey thanks allot! This idea sounds very interesting, if i understand it correct that is.
BQ5ArCvGFd82CfGX75sFx8RXynFzn4wyGq
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Darkcoin, the only fungible crypto currency.
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jackofall1232 (OP)
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Activity: 206
Merit: 100
Check Out Anoncoin.net | BattleCoinXchange.com
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January 11, 2014, 05:38:28 PM |
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Hey thanks allot! This idea sounds very interesting, if i understand it correct that is.
BQ5ArCvGFd82CfGX75sFx8RXynFzn4wyGq
Thank you they have been sent enjoy your BCX! I hope I explained it well enough. you can also check out cryptonerd there is an interview that might help explain it too.
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jackofall1232 (OP)
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January 11, 2014, 06:34:12 PM |
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Still giving away battlecoins get them b4 I close this thread!
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mymenace
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Activity: 1596
Merit: 1061
Smile
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January 11, 2014, 07:09:07 PM |
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can i have some more please
BQNBkREfg9gSa5ASVW6rcYAraHxSV4ARaP
thanks
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Duucnl
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Activity: 13
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January 11, 2014, 07:23:50 PM |
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BF4ygcUm2cMpTVbbkjk2krNE9fkHRmUGxa
Thanks!
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jackofall1232 (OP)
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Activity: 206
Merit: 100
Check Out Anoncoin.net | BattleCoinXchange.com
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January 11, 2014, 07:31:09 PM |
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can i have some more please
BQNBkREfg9gSa5ASVW6rcYAraHxSV4ARaP
thanks
You bet! Thanks for playing. Enjoy
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Aeri
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Activity: 42
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January 11, 2014, 07:34:07 PM |
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BETv7ZZ2s1NYKTmjnqQrNwpEYQn2okHaE5 thank you...
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novaboy2k
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January 11, 2014, 07:38:46 PM |
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Sorry op, but the article you pointed me to does not really explain the coin and its attributes.
How does the battling work? What the arena for? How do you mine the most profitable coin? If i don't understand, im sure others wont to.
Barrier to entry and all that.
Thanks
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Darkcoin, the only fungible crypto currency.
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jdebunt
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Activity: 1596
Merit: 1010
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January 11, 2014, 07:41:32 PM |
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Been looking forward to this B7A28tczLdHYCcBFHVCHHkbXZP23wsUGkf
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jackofall1232 (OP)
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January 11, 2014, 07:59:35 PM |
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Been looking forward to this B7A28tczLdHYCcBFHVCHHkbXZP23wsUGkf Sent Thanks JD
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jackofall1232 (OP)
Full Member
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Activity: 206
Merit: 100
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January 11, 2014, 08:13:09 PM |
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Sorry op, but the article you pointed me to does not really explain the coin and its attributes.
How does the battling work? What the arena for? How do you mine the most profitable coin? If i don't understand, im sure others wont to.
Barrier to entry and all that.
Thanks
Ok I am sorry for any miscommunications we are having. right now we are in Phase 1 which is the production of the Battlecoins. These Battlecoins will be used for our "warrors" (members) to Vote on where the pools hashpower is directed. The battlecoins will not be spent until Phase 3 when we have the "arena" (Multipool) finished . It will be similar to other multipools like Hashco.ws or middlecoin as in the aspect it will auto switch to most profitable coin. but the warriors will have the option to move the miners from mining the most profitable coin to mining a less profitable coin by paying battlecoins to the pool. This will be done by using proprietary software that will determine the difference between the profitability of the coin that will be mined and the most profitable coin. It will then determine how much Battlecoin is required based on the FMV of a BCX to move the pool so that the miners will still get paid like they are mining the most profitable coin. I hope this clears things up for you. thank you for your post. If you have further questions please direct them to the official thread this thread is for the giveaway https://bitcointalk.org/index.php?topic=354612.0Thanks again Jack.
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novaboy2k
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January 11, 2014, 08:33:51 PM |
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Sorry op, but the article you pointed me to does not really explain the coin and its attributes.
How does the battling work? What the arena for? How do you mine the most profitable coin? If i don't understand, im sure others wont to.
Barrier to entry and all that.
Thanks
Ok I am sorry for any miscommunications we are having. right now we are in Phase 1 which is the production of the Battlecoins. These Battlecoins will be used for our "warrors" (members) to Vote on where the pools hashpower is directed. The battlecoins will not be spent until Phase 3 when we have the "arena" (Multipool) finished . It will be similar to other multipools like Hashco.ws or middlecoin as in the aspect it will auto switch to most profitable coin. but the warriors will have the option to move the miners from mining the most profitable coin to mining a less profitable coin by paying battlecoins to the pool. This will be done by using proprietary software that will determine the difference between the profitability of the coin that will be mined and the most profitable coin. It will then determine how much Battlecoin is required based on the FMV of a BCX to move the pool so that the miners will still get paid like they are mining the most profitable coin. I hope this clears things up for you. thank you for your post. If you have further questions please direct them to the official thread this thread is for the giveaway https://bitcointalk.org/index.php?topic=354612.0Thanks again Jack. Great stuff. I sort of get it now. So to manipulate the hash power you need battlecoins. Where will these battlecoins be bought? Where will the arena be found when it functions? BTW i haven't received the coins from the giveaway thread. BQ5ArCvGFd82CfGX75sFx8RXynFzn4wyGq Received. ta
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Darkcoin, the only fungible crypto currency.
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jackofall1232 (OP)
Full Member
Offline
Activity: 206
Merit: 100
Check Out Anoncoin.net | BattleCoinXchange.com
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January 11, 2014, 08:50:22 PM |
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Sorry op, but the article you pointed me to does not really explain the coin and its attributes.
How does the battling work? What the arena for? How do you mine the most profitable coin? If i don't understand, im sure others wont to.
Barrier to entry and all that.
Thanks
Ok I am sorry for any miscommunications we are having. right now we are in Phase 1 which is the production of the Battlecoins. These Battlecoins will be used for our "warrors" (members) to Vote on where the pools hashpower is directed. The battlecoins will not be spent until Phase 3 when we have the "arena" (Multipool) finished . It will be similar to other multipools like Hashco.ws or middlecoin as in the aspect it will auto switch to most profitable coin. but the warriors will have the option to move the miners from mining the most profitable coin to mining a less profitable coin by paying battlecoins to the pool. This will be done by using proprietary software that will determine the difference between the profitability of the coin that will be mined and the most profitable coin. It will then determine how much Battlecoin is required based on the FMV of a BCX to move the pool so that the miners will still get paid like they are mining the most profitable coin. I hope this clears things up for you. thank you for your post. If you have further questions please direct them to the official thread this thread is for the giveaway https://bitcointalk.org/index.php?topic=354612.0Thanks again Jack. Great stuff. I sort of get it now. So to manipulate the hash power you need battlecoins. Where will these battlecoins be bought? Where will the arena be found when it functions? BTW i haven't received the coins from the giveaway thread. BQ5ArCvGFd82CfGX75sFx8RXynFzn4wyGq Yes very good questions. The Arena will most likely have a portal on our website with a mirrored portal for protection. The hosting locations will be confidential for obvious reasons . We will be a big factor in market manipulation . we also plan on having public and paid private War rooms that people can use to plan strategies in. So as you can imagine this third Phase will be the largest of the 3 Phases to get completed. There are many aspects of the development. We will keep people posted on our progress. however before Phase 3 can even happen we must go through Phase 2 the determination of what is FMV for a Battlecoin. I know this is the big question people are wondering.This will be done by Listing them on an exchange(s) and quite possibly in the future direct purchase on our website for convenience.It is the nature of what we are doing we will need to have a close relationship with an exchange. It has not been officially announced yet But we are already closing in on Phase two and are waiting for the official word. so we hope you will stay tuned to our official thread for upcoming announcements. https://bitcointalk.org/index.php?topic=354612.0 =) Thanks Jack
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novaboy2k
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January 11, 2014, 09:02:58 PM |
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[/quote] Yes very good questions. The Arena will most likely have a portal on our website with a mirrored portal for protection. The hosting locations will be confidential for obvious reasons . We will be a big factor in market manipulation . we also plan on having public and paid private War rooms that people can use to plan strategies in. So as you can imagine this third Phase will be the largest of the 3 Phases to get completed. There are many aspects of the development. We will keep people posted on our progress. however before Phase 3 can even happen we must go through Phase 2 the determination of what is FMV for a Battlecoin. I know this is the big question people are wondering.This will be done by Listing them on an exchange(s) and quite possibly in the future direct purchase on our website for convenience.It is the nature of what we are doing we will need to have a close relationship with an exchange. It has not been officially announced yet But we are already closing in on Phase two and are waiting for the official word. so we hope you will stay tuned to our official thread for upcoming announcements. https://bitcointalk.org/index.php?topic=354612.0 =) Thanks Jack [/quote] Wow that really does sound good. Although i was just thinking, could this kind of service be used to do a 51% attack on low hashing alt coins? Or is that not possible? I'm also assuming that the bigger the hash rate of the battlecoin network gets, the more desirable it becomes to mining manipulators rite? So the battles become bigger and more profitable for battlecoin miners? I'm getting a little exited here, i will post on the offical thread from now on. I'm sure these questions and answers will be beneficial to other people. Thanks
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Darkcoin, the only fungible crypto currency.
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jackofall1232 (OP)
Full Member
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Activity: 206
Merit: 100
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January 11, 2014, 09:42:11 PM |
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You may ask this question again novaboy2k in the official thread and I can go into detail for you. . This way everyone can find the info you are asking.
Thanks
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Aeri
Newbie
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Activity: 42
Merit: 0
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January 11, 2014, 11:38:43 PM |
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can i have some more?
BETv7ZZ2s1NYKTmjnqQrNwpEYQn2okHaE5
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noelmal
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January 12, 2014, 03:28:57 AM |
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BQYzUUEERgotWYdpJGrKPQVhgM9ooTeFE4 thankyou
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jackofall1232 (OP)
Full Member
Offline
Activity: 206
Merit: 100
Check Out Anoncoin.net | BattleCoinXchange.com
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January 12, 2014, 08:07:58 AM |
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BBnZtD66fjsCyBcJRsV7gi9Zbr1XSVifFr
Thanks
Thank you Closing giveaway We will try to get a faucet up real soon. Stay tuned for more giveaways.
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