allcoinminer
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April 29, 2014, 06:06:20 PM |
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I made 18000 from 10000 then lost all to reddking
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WCIR
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April 29, 2014, 06:08:34 PM |
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dogechode
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April 29, 2014, 07:02:34 PM |
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I want to be excited about this POSV concept but I am failing to see what makes it better than just regular POS. In the reddit discussion, as users have pointed out, won't people just send coins back and forth to themself to increase their "velocity" or whatever it's called?
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omgnaro
Member
Offline
Activity: 119
Merit: 10
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April 29, 2014, 07:26:16 PM |
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I want to be excited about this POSV concept but I am failing to see what makes it better than just regular POS. In the reddit discussion, as users have pointed out, won't people just send coins back and forth to themself to increase their "velocity" or whatever it's called?
1) The minting process will be built into the wallet itself. you don't need to ping-poing between two wallets. your wallet sends your own coins to a designated address to consume coin age in exchange for potential discovery of valid blocks. 2) the specific coin-aging function we implement will encourage transactions but not so extreme that everyone desperately spams transactions all the time. There is also the transaction fee that prevents DDoS. 3) Blockchain bloat is not a unique problem. Look at Bitcoin. Blockchain grows in size when a cryptocurrency gains popularity. This is the very nature of a peer-to-peer distributed network. We foresee 3rd-party trustworthy service providers who provide online wallet + minting services for most Reddcoin users. http://www.reddit.com/r/reddCoin/comments/249dnl/major_announcement_reddcoin_to_implement_new/ch50i95?context=3
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makishart
Legendary
Offline
Activity: 3122
Merit: 1029
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April 29, 2014, 07:26:46 PM |
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great news!
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tim14
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April 29, 2014, 07:28:17 PM |
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Address changed
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allcoinminer
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April 29, 2014, 08:27:02 PM |
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I have 2 wallet.dat files. Both contains one same REDD address. But both displays different balances. Why?
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candydaze59
Member
Offline
Activity: 62
Merit: 10
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April 29, 2014, 08:31:07 PM |
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Hi, Just to let you know we just launched a new Reddcoin casino this morning! http://www.ReddKing.comGET 10,000 FREE REDD TO TRY IT OUTReply to this message with your ReddKing address and i will credit 10,000 REDD on it. ## ABOUT ##- Double, Triple, Quadruple your Reddcoins - 1% House Edge - Off the Blockchain - Provably fair - Instant withdraw ## REFERRAL PROGRAM ##- Earn 50% on every profit - No minimum payout - Paid weekly in ReddCoins Have fun and good luck! Can't wait to start ! RpQYf4vkwajBGkz5exAcC6MAyX5Evhd4tV Thank you !!
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ToScA-
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April 29, 2014, 09:03:46 PM |
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Hi, Just to let you know we just launched a new Reddcoin casino this morning! http://www.ReddKing.comGET 10,000 FREE REDD TO TRY IT OUTReply to this message with your ReddKing address and i will credit 10,000 REDD on it. ## ABOUT ##- Double, Triple, Quadruple your Reddcoins - 1% House Edge - Off the Blockchain - Provably fair - Instant withdraw ## REFERRAL PROGRAM ##- Earn 50% on every profit - No minimum payout - Paid weekly in ReddCoins Have fun and good luck! RpsshcvCFf451MzZA9VYKH2hdrjJXX3Hjb
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makishart
Legendary
Offline
Activity: 3122
Merit: 1029
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April 29, 2014, 10:59:22 PM |
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I have 2 wallet.dat files. Both contains one same REDD address. But both displays different balances. Why?
Probably the one of them contains another address with funds.. Just a guess :/
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omgnaro
Member
Offline
Activity: 119
Merit: 10
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April 30, 2014, 12:30:08 AM |
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One of the wallets must be newer then the other. Imagine a wallet as a collection of receive addresses so you make your wallet and start with one.
Wallet.dat Address 1:1M reddcoin. Address 2:5M reddcoin. Now say you back this up, lets call this backup WalletBackUp.dat
So now WalletBackUp.dat looks like Address 1:1M Address 2:5M Total 6M.
Since this is a backup you are not using it, if you add another address to your current Wallet.dat it might look like Wallet.dat Address 1:1M reddcoin. Address 2:5M reddcoin. Address 3:10M reddcoin. Total 16M
So your backup shares Address 1&2 with your current wallet, however because address 3 was made after it is not on the backup. This is why its important to back-up often especially when making new addresses.
Hope this helped!
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tricass
Sr. Member
Offline
Activity: 394
Merit: 250
Crypto enthusiast
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April 30, 2014, 12:50:23 AM |
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Hi, Just to let you know we just launched a new Reddcoin casino this morning! http://www.ReddKing.comGET 10,000 FREE REDD TO TRY IT OUTReply to this message with your ReddKing address and i will credit 10,000 REDD on it. ## ABOUT ##- Double, Triple, Quadruple your Reddcoins - 1% House Edge - Off the Blockchain - Provably fair - Instant withdraw ## REFERRAL PROGRAM ##- Earn 50% on every profit - No minimum payout - Paid weekly in ReddCoins Have fun and good luck! I'll give it a try: RptLGHaTWX5jzcKhdzT69oyKuVmjPfsvjJ
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ficklepickle
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April 30, 2014, 03:21:41 AM |
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Hi, Just to let you know we just launched a new Reddcoin casino this morning! http://www.ReddKing.comGET 10,000 FREE REDD TO TRY IT OUTReply to this message with your ReddKing address and i will credit 10,000 REDD on it. ## ABOUT ##- Double, Triple, Quadruple your Reddcoins - 1% House Edge - Off the Blockchain - Provably fair - Instant withdraw ## REFERRAL PROGRAM ##- Earn 50% on every profit - No minimum payout - Paid weekly in ReddCoins Have fun and good luck! I guess holding unto all these reddcoins was wise after all. Rp3tQJqrcCicrvr3kWtgnFZWCtD2e1kSGh
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NJRiot
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April 30, 2014, 04:47:13 AM |
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redkings address RkLBjgJaxCY89ja8243rjvXSDWStA617ES thank you sir
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Mountaineeer
Member
Offline
Activity: 97
Merit: 10
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April 30, 2014, 04:51:13 AM |
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Hi, Just to let you know we just launched a new Reddcoin casino this morning! http://www.ReddKing.comGET 10,000 FREE REDD TO TRY IT OUTReply to this message with your ReddKing address and i will credit 10,000 REDD on it. ## ABOUT ##- Double, Triple, Quadruple your Reddcoins - 1% House Edge - Off the Blockchain - Provably fair - Instant withdraw ## REFERRAL PROGRAM ##- Earn 50% on every profit - No minimum payout - Paid weekly in ReddCoins Have fun and good luck! RhvFhFjHg6jFzJ8UmfCieoFEMnP7DRFxyK Thanks!
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allcoinminer
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April 30, 2014, 05:58:21 AM |
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No only 1 address. I have 2 wallet.dat files. Both contains one same REDD address. But both displays different balances. Why?
Probably the one of them contains another address with funds.. Just a guess :/
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allcoinminer
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April 30, 2014, 06:00:17 AM |
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No, both wallets only hold 1 same address. One of the wallets must be newer then the other. Imagine a wallet as a collection of receive addresses so you make your wallet and start with one.
Wallet.dat Address 1:1M reddcoin. Address 2:5M reddcoin. Now say you back this up, lets call this backup WalletBackUp.dat
So now WalletBackUp.dat looks like Address 1:1M Address 2:5M Total 6M.
Since this is a backup you are not using it, if you add another address to your current Wallet.dat it might look like Wallet.dat Address 1:1M reddcoin. Address 2:5M reddcoin. Address 3:10M reddcoin. Total 16M
So your backup shares Address 1&2 with your current wallet, however because address 3 was made after it is not on the backup. This is why its important to back-up often especially when making new addresses.
Hope this helped!
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MaxOnBit
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April 30, 2014, 06:07:11 AM |
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Hi everyone, I'm glad to announce a major milestone for Reddcoin. [MAJOR ANNOUNCEMENT] Reddcoin to implement new algorithm Proof-of-Stake-Velocity Dear fellow Reddheads: After long period of research and development, the Reddcoin core team decides the time is now right to announce the biggest milestone in Reddcoin history to date. We have designed a new algorithm called Proof-of-Stake-Velocity (PoSV) to replace the current Proof-of-Work (PoW). PoSV builds on the strength of Proof-of-Stake (PoS) but introduces crucial features to address the flaws of both PoW and PoS. PoSV is specifically designed to help Reddcoin grow as the digital social currency. The full paper is available here: Proof of Stake Velocity: Building the Social Currency of the Digital AgeFAQs, such as PoSV's impact on mining and halving schedule, are covered here: Proof of Stake Velocity: FAQsWe urge you all to read both papers carefully. We've taken great efforts to document why and how we designed PoSV to solve what problems. We've also spelt out the vision for Reddcoin and its unique position in the competitive landscape of cryptocurrencies. The release of wallet 1.2.0.0 will happen tomorrow. Please post thoughtful comments and questions below. Flaming will be removed immediately. Regards Reddcoin core team For more info: http://www.reddit.com/r/reddCoin/comments/249dnl/major_announcement_reddcoin_to_implement_new/Thanks Reddcoin Awesome! I love you man!
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Cuslado
Newbie
Offline
Activity: 56
Merit: 0
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April 30, 2014, 06:41:22 AM |
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Price is blowing
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romerun
Legendary
Offline
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
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April 30, 2014, 06:44:43 AM |
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1.2.0.0 not out yet?
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