noobtrader
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Activity: 1456
Merit: 1000
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July 03, 2015, 01:23:24 PM |
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dash should be no.3 at least or no.2 |
"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...", satoshi@vistomail.com |
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Sub-Ether
Sr. Member
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Activity: 434
Merit: 250
Quantum entangled and jump drive assisted messages
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July 03, 2015, 01:31:19 PM |
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dash should be no.3 at least or no.2 no.1 Corrected with my typo fluid. |
Dash is 27.3 times faster with syncing and updating than Bitcoin and 93.7 times faster than Monero. Bitcoin (v0.11.0) has a Tao ratio 11.2% faster than bitcoin (v0.10.0) release.
Dash (v.0.12.0.49) = Tao sync ratio = 0.15 seconds / hour of update || Dash (v.0.11.2.23) = Tao sync ratio = 0.24 seconds / hour of update. V12 versus V11 speedup = +36.5%
Bitcoin (v.0.11.0) = Tao sync ratio = 4.14 seconds / hour of update || Monero (v.0.41.1) = Tao sync ratio = 14.2 seconds / hour of update
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noobtrader
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Activity: 1456
Merit: 1000
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July 03, 2015, 01:56:13 PM |
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dash should be no.3 at least or no.2 no.1 Corrected with my typo fluid. to be no.1 i think we need to prove to the world of cripto that we managed to create voting and use masternode funding wisely. then in less than 1 year im sure we will no.1, but atm we are not at that level yet. |
"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...", satoshi@vistomail.com |
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qwizzie
Legendary
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Activity: 2548
Merit: 1245
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July 03, 2015, 02:04:51 PM |
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Both bitcoin and dash are rising at the same time, nice.
Doesn't happen that often.
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Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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Sub-Ether
Sr. Member
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Activity: 434
Merit: 250
Quantum entangled and jump drive assisted messages
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July 03, 2015, 02:20:52 PM |
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Short V12 reference node free testnet synopsis from one perspective,
Masternode count=90
InstantX : 10 / 10 successes
Mixing : working ok but slow, probably down to lack of people to mix with.
Payment schedule : regular intervals of around 3.5 hours each, last 4 payments at 2:39,6:47,10:45,14:00
possible issues: mnbudget proposal system not propagating properly (Moli)
Conclusion : Removal of the reference node appears to be successful so far.
Observations : testnet forking is kept at bay as long as the hash speed is over about 1 megahash
Speculations : Scaling up to mainnet, if there are 2637 masternodes and 2637 / 90 = 29.3 (times longer)
Payments would be predicted at 3.5 * 29.3 = 102.55 hours = 4.27 days per payment
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Dash is 27.3 times faster with syncing and updating than Bitcoin and 93.7 times faster than Monero. Bitcoin (v0.11.0) has a Tao ratio 11.2% faster than bitcoin (v0.10.0) release.
Dash (v.0.12.0.49) = Tao sync ratio = 0.15 seconds / hour of update || Dash (v.0.11.2.23) = Tao sync ratio = 0.24 seconds / hour of update. V12 versus V11 speedup = +36.5%
Bitcoin (v.0.11.0) = Tao sync ratio = 4.14 seconds / hour of update || Monero (v.0.41.1) = Tao sync ratio = 14.2 seconds / hour of update
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qwizzie
Legendary
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Activity: 2548
Merit: 1245
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July 03, 2015, 02:41:12 PM |
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Interesting how our network mining difficulty have these huge fluctuations between 1400-3400 (which causes MN payments to fluctuate too).
I wonder how the mining difficulty will develop during the months to come :
Will bitcoin miners / multipools switch to dash mining to save on energy during this hot summer ? (at least its very hot here in Europe)
Will dash-miners / multipools switch back to bitcoin after the summer when things cool down again ?
Or will it just keep fluctuating like it does now ?
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Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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Starin
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July 03, 2015, 02:48:38 PM |
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Interesting how our network mining difficulty have these huge fluctuations between 1400-3400 (which causes MN payments to fluctuate too).
I wonder how the mining difficulty will develop during the months to come :
Will bitcoin miners / multipools switch to dash mining to save on energy during this hot summer ? (at least its very hot here in Europe)
Will dash-miners / multipools switch back to bitcoin after the summer when things cool down again ?
Or will it just keep fluctuating like it does now ?
How do you expect bitcoin miners (sha asics) to turn on to x11 thus DASH mining? |
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qwizzie
Legendary
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Activity: 2548
Merit: 1245
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July 03, 2015, 02:51:18 PM |
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Interesting how our network mining difficulty have these huge fluctuations between 1400-3400 (which causes MN payments to fluctuate too).
I wonder how the mining difficulty will develop during the months to come :
Will bitcoin miners / multipools switch to dash mining to save on energy during this hot summer ? (at least its very hot here in Europe)
Will dash-miners / multipools switch back to bitcoin after the summer when things cool down again ?
Or will it just keep fluctuating like it does now ?
How do you expect bitcoin miners (sha asics) to turn on to x11 thus DASH mining? Dash has pools that allow SHA mining and turn the outcome in Dash if i'm not mistaken.. i assumed thats what causing the high mining difficulty at times. edit : i could be wrong here, i dont know that much about the mining pools. It can just as easily be GPU farms that temp drive the mining difficulty up. |
Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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Starin
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July 03, 2015, 02:58:00 PM |
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Those are multipools, simply mining the most profitable coin at that particular moment (depends on the algo), convert it to BTC and buys DASH for you if you want to be paid out in DASH. The diffuculty only relates to X11 mining. Multipools will only help the price as it will directly buy from sell side.
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qwizzie
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Activity: 2548
Merit: 1245
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July 03, 2015, 03:08:02 PM |
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Those are multipools, simply mining the most profitable coin at that particular moment (depends on the algo), convert it to BTC and buys DASH for you if you want to be paid out in DASH. The diffuculty only relates to X11 mining. Multipools will only help the price as it will directly buy from sell side.
Okay, got it. So i guess its GPU farms that drive the difficulty up then at certain moments for Dash... |
Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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Kai Proctor
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July 03, 2015, 03:16:06 PM |
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Those are multipools, simply mining the most profitable coin at that particular moment (depends on the algo), convert it to BTC and buys DASH for you if you want to be paid out in DASH. The diffuculty only relates to X11 mining. Multipools will only help the price as it will directly buy from sell side.
Okay, got it. So i guess its GPU farms that drive the difficulty up then at certain moments for Dash... Yeah they mine Dash directly. |
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qwizzie
Legendary
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Activity: 2548
Merit: 1245
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July 03, 2015, 03:32:02 PM |
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Those are multipools, simply mining the most profitable coin at that particular moment (depends on the algo), convert it to BTC and buys DASH for you if you want to be paid out in DASH. The diffuculty only relates to X11 mining. Multipools will only help the price as it will directly buy from sell side.
Okay, got it. So i guess its GPU farms that drive the difficulty up then at certain moments for Dash... Yeah they mine Dash directly. Out of curiousity is there a link to an overview of current mining pools contributing to the Dash network mining power (in %) ? I cant seem to find a link. |
Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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BrainShutdown
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Activity: 1052
Merit: 1004
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July 03, 2015, 03:37:06 PM |
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Those are multipools, simply mining the most profitable coin at that particular moment (depends on the algo), convert it to BTC and buys DASH for you if you want to be paid out in DASH. The diffuculty only relates to X11 mining. Multipools will only help the price as it will directly buy from sell side.
Okay, got it. So i guess its GPU farms that drive the difficulty up then at certain moments for Dash... Yeah they mine Dash directly. Out of curiousity is there a link to an overview of current mining pools contributing to the Dash network mining power (in %) ? I cant seem to find a link. |
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salmion
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July 03, 2015, 03:37:16 PM |
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Those are multipools, simply mining the most profitable coin at that particular moment (depends on the algo), convert it to BTC and buys DASH for you if you want to be paid out in DASH. The diffuculty only relates to X11 mining. Multipools will only help the price as it will directly buy from sell side.
Okay, got it. So i guess its GPU farms that drive the difficulty up then at certain moments for Dash... Yeah they mine Dash directly. Out of curiousity is there a link to an overview of current mining pools contributing to the Dash network mining power (in %) ? I cant seem to find a link. !extraction |
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qwizzie
Legendary
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Activity: 2548
Merit: 1245
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July 03, 2015, 03:40:13 PM |
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thank you both, the extraction was exactly what i was looking for (gives a nice pie form with %)
Mining network looks healthy.
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Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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Sub-Ether
Sr. Member
Offline
Activity: 434
Merit: 250
Quantum entangled and jump drive assisted messages
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July 03, 2015, 04:08:49 PM |
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Interesting how our network mining difficulty have these huge fluctuations between 1400-3400 (which causes MN payments to fluctuate too).
I wonder how the mining difficulty will develop during the months to come :
Will bitcoin miners / multipools switch to dash mining to save on energy during this hot summer ? (at least its very hot here in Europe)
Will dash-miners / multipools switch back to bitcoin after the summer when things cool down again ?
Or will it just keep fluctuating like it does now ?
We are on a 22 hour peak to peak hash cycle day and startcoin are on a 24 hour periodic day, other X11 coins are not obviously cyclical. Our day is 2 hours shorter, meaning we get things done quicker  |
Dash is 27.3 times faster with syncing and updating than Bitcoin and 93.7 times faster than Monero. Bitcoin (v0.11.0) has a Tao ratio 11.2% faster than bitcoin (v0.10.0) release.
Dash (v.0.12.0.49) = Tao sync ratio = 0.15 seconds / hour of update || Dash (v.0.11.2.23) = Tao sync ratio = 0.24 seconds / hour of update. V12 versus V11 speedup = +36.5%
Bitcoin (v.0.11.0) = Tao sync ratio = 4.14 seconds / hour of update || Monero (v.0.41.1) = Tao sync ratio = 14.2 seconds / hour of update
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fernando
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July 03, 2015, 04:58:54 PM |
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Does anyone have the image of a coin that dematerialized and materialized somewhere else? I would like to use it for an article I'm writing but I can't find it  |
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splawik21
Legendary
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Activity: 1372
Merit: 1005
DASH is the future of crypto payments!
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July 03, 2015, 06:43:59 PM |
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Does anyone have the image of a coin that dematerialized and materialized somewhere else? I would like to use it for an article I'm writing but I can't find it I have it will ping you when I come home Fernando. OR choose the best one  https://mega.co.nz/#F!hZ91xbZR!Hn8xbCVrA4xGlmCMDpnkTA |
BE SMART, USE DASH ( ͡° ͜ʖ ͡°) |
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toknormal
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Activity: 3066
Merit: 1188
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July 03, 2015, 10:46:29 PM
Last edit: July 03, 2015, 11:52:09 PM by toknormal |
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If cryptocurrencies can't take advantage of open goals like this then there's not much hope for them. It's all very well people like AlexGR saying the Greeks aren't 'culturally disposed' to crypto. They're 'culturally disposed' to saving their own skins and that is leading to a desperate hunt for any kind of monetary liquidity. Maybe the people who have written off the prospects of cryptocurrencies in Greece should think again (Or forget about crypto altogether because if it can't work there, it can't work anywhere IMO).   ...just sayin The entire recipe is emerging - even bailins. I don't think "not culturally disposed" is a very good excuse anymore. It's kind of like saying that cold showers are not culturally amenable in the Sahara desert. Cryptocurrency was not supposed to be a cultural phenomenon. It was supposed to be a monetary phenomenon. |
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toknormal
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Activity: 3066
Merit: 1188
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July 03, 2015, 10:59:43 PM
Last edit: July 03, 2015, 11:16:22 PM by toknormal |
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In case anyone can't see what the open goal is above, what needs to happen is that a large cryptocurrency holder offers to purchase corporate bonds from the Maxi paper mill in exchange for crypto. Then do the same for his pulp supplier. The cryptoholder broker will then hold corporate bonds in both companies and will have facilitated the transaction that will keep the mill running for the purchaser and facilitated a sale for the supplier. They don't have many other options, do they ? (Which is why I say it's an open goal and "if it can't work here it can't work anywhere"). Seems a novel idea I know - using crypto CURRENCY to facilitate trade. But it might just work in a liquidity starved environment.  |
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