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Question: How do you feel about Tittiecoin's recent upgrade?
I like that total coins has been reduced!
I love the Dark Gravity Wave 3 algo!
I like that the mining reward was reduced!
I love all of it.
I love all of it and don't understand it!
I dont understand what changed!

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Author Topic: TittieCoin - Naughty But Classy - Official Currency of Tittie Island  (Read 218721 times)
69charger
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July 15, 2014, 06:02:02 AM
 #981

And I agree this coin MUST implement a different algo. Scrypt is dead with asics in the mix.
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tittiecoin
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July 15, 2014, 07:03:54 AM
 #982

I need community input please

We are lucky enough to have a few community members who are really getting stuck in
and are contributing to the development of Tittiecoin, it's very much appreciated.

I would like to stress that at this point we have resurrected Tittiecoin from the dead and are in the process
of regenerating and perking it up to where it should and will be... Pun intended! With that said most of the
money was spent early on in the development and launch so at this stage all the cost is being covered
by myself and this limits me to what I can and cant do. I am however willing to pay out bounties in TTC,
yes the value of TTC is not exactly defined or appealing to most, if you are looking for a get rich quick
scheme this is not it. I am looking at Tittiecoin as a long term investment and am extremely passionate and
dedicated about it's success. I would say that is what makes Tittiecoin unique from the ocean of altcoins
out there, not to say others are not as dedicated if not more, however, I am not going to just drop a message
one day saying I've had enough or just fade away into time.

With Tittiecoin you have a guarantee that there is always someone on the other side of this coin ready and willing
to help and make the community proud to be involved in the development of something that has mountains of potential.
I am also here to make sure that you get value for your time and the money you are spending mining Tittiecoin.

Below is a list of potential modifications as well as a list on work in the pipeline


Potential modifications - Please feedback your opinions on these
  • Change coin Algo to SHA-3 (keccak)
  • Reduce total coin amount
  • Change difficulty retarget to each block

Work in progress and under negotiation
    • New Tittiecoin.com website
    • Block explorer with rich list
    • Mining pool with 0% fees

    Work completed

    Those who are involved, mining, commenting, criticizing and growing our community - Thank you for being part of the journey
    [/list]

    VegetaGeek
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    July 15, 2014, 11:37:31 AM
     #983

    Good luck ! Keep going, I believe on TTC Cheesy !
    sava7
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    July 15, 2014, 02:42:25 PM
     #984

    I need community input please

    We are lucky enough to have a few community members who are really getting stuck in
    and are contributing to the development of Tittiecoin, it's very much appreciated.

    I would like to stress that at this point we have resurrected Tittiecoin from the dead and are in the process
    of regenerating and perking it up to where it should and will be... Pun intended! With that said most of the
    money was spent early on in the development and launch so at this stage all the cost is being covered
    by myself and this limits me to what I can and cant do. I am however willing to pay out bounties in TTC,
    yes the value of TTC is not exactly defined or appealing to most, if you are looking for a get rich quick
    scheme this is not it. I am looking at Tittiecoin as a long term investment and am extremely passionate and
    dedicated about it's success. I would say that is what makes Tittiecoin unique from the ocean of altcoins
    out there, not to say others are not as dedicated if not more, however, I am not going to just drop a message
    one day saying I've had enough or just fade away into time.

    With Tittiecoin you have a guarantee that there is always someone on the other side of this coin ready and willing
    to help and make the community proud to be involved in the development of something that has mountains of potential.
    I am also here to make sure that you get value for your time and the money you are spending mining Tittiecoin.

    Below is a list of potential modifications as well as a list on work in the pipeline


    Potential modifications - Please feedback your opinions on these
    • Change coin Algo to SHA-3 (keccak)
    • Reduce total coin amount
    • Change difficulty retarget to each block

    Work in progress and under negotiation
      • New Tittiecoin.com website
      • Block explorer with rich list
      • Mining pool with 0% fees

      Work completed

      Those who are involved, mining, commenting, criticizing and growing our community - Thank you for being part of the journey
      [/list]

      keccak and reducing would be good for this coin, and then we have to think to distribute coins, but i think it will make itself after bigger exchange will go into TTC

      didux
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      July 15, 2014, 10:28:55 PM
       #985

      as newbie i can't vote, i will say it there. I vote Reduce total coin volume,as the value is too small to be traded in the smallest BTC value, which i think is a real handicap for the coin.
      dE_logics
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      July 16, 2014, 02:35:53 PM
       #986

      While reducing coin volume has some real reasons, but it's to be realized that it's obvious people are going to vote for it so their holdings have move value.

      This's a small thing -- it's irrelevant.

      It's time to change to another algo.


       
       
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      sava7
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      July 16, 2014, 03:13:41 PM
       #987

      While reducing coin volume has some real reasons, but it's to be realized that it's obvious people are going to vote for it so their holdings have move value.

      This's a small thing -- it's irrelevant.

      It's time to change to another algo.

      so why should there be so massive amount? did u see any coins with big amounts accepted by ppl(dont say doge) if coins have no features like anon etc?
      i hope u bought alot after ur adverts:)
      do u think there is more then 200mil coins in existance after ppl deleted wallets after coin seemed be dead? i know guy who deleted wallet with 50mil+


      69charger
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      July 16, 2014, 03:30:36 PM
       #988

      so why should there be so massive amount? did u see any coins with big amounts accepted by ppl(dont say doge) if coins have no features like anon etc?
      i hope u bought alot after ur adverts:)
      do u think there is more then 200mil coins in existance after ppl deleted wallets after coin seemed be dead? i know guy who deleted wallet with 50mil+

      I know a guy who didn't  Wink
      sava7
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      July 16, 2014, 03:47:28 PM
       #989

      so why should there be so massive amount? did u see any coins with big amounts accepted by ppl(dont say doge) if coins have no features like anon etc?
      i hope u bought alot after ur adverts:)
      do u think there is more then 200mil coins in existance after ppl deleted wallets after coin seemed be dead? i know guy who deleted wallet with 50mil+

      I know a guy who didn't  Wink

      good for him if he keeps 50mil:)
      we will see all wallets and distribution after blockexplorer will be fixed.

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      July 16, 2014, 07:39:35 PM
       #990

      something moving on allcrypt, someone is buying, cheap but still buy order:)

      ps. i saw 800mhs mining on coinking, but dont see there is any block found:) so coinking is not mining?

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      July 17, 2014, 12:45:01 AM
       #991

      hi, just open freenode irc chat where we can talk:)

      http://webchat.freenode.net/#ttccoin

      dE_logics
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      July 17, 2014, 04:11:38 AM
       #992

      While reducing coin volume has some real reasons, but it's to be realized that it's obvious people are going to vote for it so their holdings have move value.

      This's a small thing -- it's irrelevant.

      It's time to change to another algo.

      so why should there be so massive amount? did u see any coins with big amounts accepted by ppl(dont say doge) if coins have no features like anon etc?
      i hope u bought alot after ur adverts:)
      do u think there is more then 200mil coins in existance after ppl deleted wallets after coin seemed be dead? i know guy who deleted wallet with 50mil+



      Bytecoin,  ReddCoin,  Karmacoin, Infinitecoin,  Devcoin,  Mintcoin, and many more. They come and go.

      Actually I got none. Sad I couldn't. No one sold them cheap.

      I bought some millions off the doge exchange apart from mined.


       
       
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      seandaniel
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      July 17, 2014, 04:14:35 AM
       #993

      I thought this coin already dead. Until i saw dildocoin. I hope there's a good future plan for this coin. Goodluck dev.
      dE_logics
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      July 17, 2014, 05:55:31 AM
       #994

      I thought this coin already dead. Until i saw dildocoin. I hope there's a good future plan for this coin. Goodluck dev.

      Why will guys be interested in dildos?


       
       
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      sava7
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      July 17, 2014, 11:48:17 AM
       #995

      While reducing coin volume has some real reasons, but it's to be realized that it's obvious people are going to vote for it so their holdings have move value.

      This's a small thing -- it's irrelevant.

      It's time to change to another algo.

      so why should there be so massive amount? did u see any coins with big amounts accepted by ppl(dont say doge) if coins have no features like anon etc?
      i hope u bought alot after ur adverts:)
      do u think there is more then 200mil coins in existance after ppl deleted wallets after coin seemed be dead? i know guy who deleted wallet with 50mil+



      Bytecoin,  ReddCoin,  Karmacoin, Infinitecoin,  Devcoin,  Mintcoin, and many more. They come and go.

      Actually I got none. Sad I couldn't. No one sold them cheap.

      I bought some millions off the doge exchange apart from mined.

      so do u think we should change algo? for which one? if amount will stay and algo will be scrypt multipools will mine and dump, for long long time, like mooncoin:)

      dE_logics
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      July 17, 2014, 03:02:49 PM
       #996

      While reducing coin volume has some real reasons, but it's to be realized that it's obvious people are going to vote for it so their holdings have move value.

      This's a small thing -- it's irrelevant.

      It's time to change to another algo.

      so why should there be so massive amount? did u see any coins with big amounts accepted by ppl(dont say doge) if coins have no features like anon etc?
      i hope u bought alot after ur adverts:)
      do u think there is more then 200mil coins in existance after ppl deleted wallets after coin seemed be dead? i know guy who deleted wallet with 50mil+



      Bytecoin,  ReddCoin,  Karmacoin, Infinitecoin,  Devcoin,  Mintcoin, and many more. They come and go.

      Actually I got none. Sad I couldn't. No one sold them cheap.

      I bought some millions off the doge exchange apart from mined.

      so do u think we should change algo? for which one? if amount will stay and algo will be scrypt multipools will mine and dump, for long long time, like mooncoin:)

      I'm not saying you should not reduce the coin volume; I got no opinion on this. This's not a major thing to consider.

      The major thing is algo which should be moved to something GPU friendly cause the following reasons --

      Quote
      The best 51% protection is provided by a GPU coin, so only full blown computers can compute it, and one doesn't have to buy special purpose hardware. The hardware will be useless otherwise and after all coins have been mined (unless the incentive to mine is still up and maintained in some way like unlimited coins or high transaction fee), the miner will actually throw it away or sell it to someone else (who may be a cracker who's accumulating firepower for bad mining). This is not true for GPU hardware, cause they have a gaming and general computation purpose apart from mining, and probably the miners will themselves use it in gaming, so even after the mining incentive is lost, the hardware wont be sold cheap, and an attacker cannot buy them cheap.
            
            With new ASIC hardware, mining efficiency will increase; the new miners of the new hardware will start accepting transactions of lower transaction fees making the old hardware redundant cause they take more electricity. They will be sold cheap cause of this reason (lower profit margins or even losses).

            For an attacker, electricity cost is not of a concern, cause the attack time will be limited; he's going to earn money by making false transactions in blocks he mined.
            
            Yes -- the old hardware is old generation, but that doesn't mean it'll be slower.
            
            New hardware will not focus on higher hash rate, but power consumed per hash rate, thus, hash rate of new hardware may not increase exponentially making the network more vulnerable to attacks with older hardware.
            
            I'm not sure about the architecture of ASIC miners to comment on that. It's not an ARM processor which can be made faster by simply by increasing the clock speed. Modern AMD and Intel processors are not 4xPentium/athlon 64 @6GHZ. So an improvement in architecture does not necessarily mean faster speeds, it may have been done to reduce electricity consumption by half. Look at mobile processors for instance; they are more efficient than their Desktop (per Whetstone and dhrystone score) counterpart but slower.

            We just may have a similar trend for ASIC miners. Same consumption in electricity@little less hashing power.
            
            This's still worst for small alternative cryptocurrency using the same hashing algorithm. They're easy to exploit cause of low difficulty.
            
            If the algorithm is complex and unique, it'll need a LOT of R&D, the hardware will be expensive and insanely hard to make. It'll require a well funded team which only large organizations can afford and that too cost recovery will be from mining + selling of hardware not just by mining or attacks (where the price of cryptocurrency will drop resulting in a loss of the cracker cause he has to exchange a lot of coins in a small amount of time in order for it to be profitable). It'll take years to make such special purpose hardware; buying GPUs is cheaper. In contrast sha256 is way too simple and that's why making special hardware for was comparatively easy.
            
            CPU mining has a major disadvantage -- there's a lot of CPU power (not GPU power or control over special purpose hardware) in the hands of Botnets; under control of a cracker, he may have 51% hashing power for a small amount of time. But people are moving away from their virus-infested Microsoft Windows Desktop/Laptops to Android tablets and phones. So feasibility of such an attack is questionable, but still as of the current time botnets are big. Another disadvantage is that if an attacker uses CPU power of a system all the time, the owner will grow suspicious and reformat his Windows computer, but that wont be a problem for a short term to do a 51% attack; but one thing's for sure, the power of botnets to mine on a regular basis will be very limited cause most people own and work on laptops. Apart from this, if someone is wanting to do a 51% attack on a CPU only crypto, his best shot is to buy a lot of VPS for a short period of time; and then it's to be noticed that CPU is something owned by everyone, graphics card and ASICs are not. So expect the difficult to be high cause a lot of people will be mining it. People easily buy a more expensive CPU cause it's generally useful, not only for mining which's the case with ASIC and partially with Graphics chips (in case the miner is not a gamer or not using GPGPU for other purposes). So the crypto mining power will be more in the hands of the common people. It's also to be seen that the cost of VPS is mostly for the bandwidth available, not the CPU. The CPU model is not give in the most of the cases, giving a high risk factor. Also VPS cannot be sold off. So the attackers profitability relies completely by selling the coin who's price may decrease rapidly after the attack. Then check pointing makes things more difficult for him. But compared to GPU -- as of the current time, there's no one who lends GPUs. So the only way to attack a GPU coin is to buy GPUs which's the most expensive.

      Anonymous transactions will be the best thing, but it's impossibly hard to implement.


       
       
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      sava7
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      July 17, 2014, 03:10:13 PM
       #997

      While reducing coin volume has some real reasons, but it's to be realized that it's obvious people are going to vote for it so their holdings have move value.

      This's a small thing -- it's irrelevant.

      It's time to change to another algo.

      so why should there be so massive amount? did u see any coins with big amounts accepted by ppl(dont say doge) if coins have no features like anon etc?
      i hope u bought alot after ur adverts:)
      do u think there is more then 200mil coins in existance after ppl deleted wallets after coin seemed be dead? i know guy who deleted wallet with 50mil+



      Bytecoin,  ReddCoin,  Karmacoin, Infinitecoin,  Devcoin,  Mintcoin, and many more. They come and go.

      Actually I got none. Sad I couldn't. No one sold them cheap.

      I bought some millions off the doge exchange apart from mined.

      so do u think we should change algo? for which one? if amount will stay and algo will be scrypt multipools will mine and dump, for long long time, like mooncoin:)

      I'm not saying you should not reduce the coin volume; I got no opinion on this. This's not a major thing to consider.

      The major thing is algo which should be moved to something GPU friendly cause the following reasons --

      Quote
      The best 51% protection is provided by a GPU coin, so only full blown computers can compute it, and one doesn't have to buy special purpose hardware. The hardware will be useless otherwise and after all coins have been mined (unless the incentive to mine is still up and maintained in some way like unlimited coins or high transaction fee), the miner will actually throw it away or sell it to someone else (who may be a cracker who's accumulating firepower for bad mining). This is not true for GPU hardware, cause they have a gaming and general computation purpose apart from mining, and probably the miners will themselves use it in gaming, so even after the mining incentive is lost, the hardware wont be sold cheap, and an attacker cannot buy them cheap.
            
            With new ASIC hardware, mining efficiency will increase; the new miners of the new hardware will start accepting transactions of lower transaction fees making the old hardware redundant cause they take more electricity. They will be sold cheap cause of this reason (lower profit margins or even losses).

            For an attacker, electricity cost is not of a concern, cause the attack time will be limited; he's going to earn money by making false transactions in blocks he mined.
            
            Yes -- the old hardware is old generation, but that doesn't mean it'll be slower.
            
            New hardware will not focus on higher hash rate, but power consumed per hash rate, thus, hash rate of new hardware may not increase exponentially making the network more vulnerable to attacks with older hardware.
            
            I'm not sure about the architecture of ASIC miners to comment on that. It's not an ARM processor which can be made faster by simply by increasing the clock speed. Modern AMD and Intel processors are not 4xPentium/athlon 64 @6GHZ. So an improvement in architecture does not necessarily mean faster speeds, it may have been done to reduce electricity consumption by half. Look at mobile processors for instance; they are more efficient than their Desktop (per Whetstone and dhrystone score) counterpart but slower.

            We just may have a similar trend for ASIC miners. Same consumption in electricity@little less hashing power.
            
            This's still worst for small alternative cryptocurrency using the same hashing algorithm. They're easy to exploit cause of low difficulty.
            
            If the algorithm is complex and unique, it'll need a LOT of R&D, the hardware will be expensive and insanely hard to make. It'll require a well funded team which only large organizations can afford and that too cost recovery will be from mining + selling of hardware not just by mining or attacks (where the price of cryptocurrency will drop resulting in a loss of the cracker cause he has to exchange a lot of coins in a small amount of time in order for it to be profitable). It'll take years to make such special purpose hardware; buying GPUs is cheaper. In contrast sha256 is way too simple and that's why making special hardware for was comparatively easy.
            
            CPU mining has a major disadvantage -- there's a lot of CPU power (not GPU power or control over special purpose hardware) in the hands of Botnets; under control of a cracker, he may have 51% hashing power for a small amount of time. But people are moving away from their virus-infested Microsoft Windows Desktop/Laptops to Android tablets and phones. So feasibility of such an attack is questionable, but still as of the current time botnets are big. Another disadvantage is that if an attacker uses CPU power of a system all the time, the owner will grow suspicious and reformat his Windows computer, but that wont be a problem for a short term to do a 51% attack; but one thing's for sure, the power of botnets to mine on a regular basis will be very limited cause most people own and work on laptops. Apart from this, if someone is wanting to do a 51% attack on a CPU only crypto, his best shot is to buy a lot of VPS for a short period of time; and then it's to be noticed that CPU is something owned by everyone, graphics card and ASICs are not. So expect the difficult to be high cause a lot of people will be mining it. People easily buy a more expensive CPU cause it's generally useful, not only for mining which's the case with ASIC and partially with Graphics chips (in case the miner is not a gamer or not using GPGPU for other purposes). So the crypto mining power will be more in the hands of the common people. It's also to be seen that the cost of VPS is mostly for the bandwidth available, not the CPU. The CPU model is not give in the most of the cases, giving a high risk factor. Also VPS cannot be sold off. So the attackers profitability relies completely by selling the coin who's price may decrease rapidly after the attack. Then check pointing makes things more difficult for him. But compared to GPU -- as of the current time, there's no one who lends GPUs. So the only way to attack a GPU coin is to buy GPUs which's the most expensive.

      Anonymous transactions will be the best thing, but it's impossibly hard to implement.

      ok, i think that algo is most important, because we can finish as moon, kecak i think is ok, no asics and multipools imho, and i meant reduce supply not to 1bil, 2bil is also ok, but it should be made to mine this for long time, blocks should halves faster i think, if it will be scrypt it will go nowhere, is it hard to change algo? most coins did it, as we placed only small buy orders on allcrypt coinking mining up to 400mhs asics, so what will they do after price will be 10+:). Most important is to do all to avoid dumping

      sava7
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      July 17, 2014, 03:52:22 PM
       #998

      I spoke on irc coinking, they mine to sell at 1sat:)

      techsolution
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      July 17, 2014, 07:35:50 PM
       #999

      IMHO we should cut supply and change algo, both to get this coin in higher level, otherway nothing will help in dump this coin cheap, after that just like other coins will be pump and dump by scypt asic miners

      Everything is energy, even mass, first of all mass

      Just believe in old TTC Tittiecoin, will be big in months

      XXXcoin XX3jXPgE99FnGs6JkpZXYS3spafuYvbvhh
      david1365
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      July 17, 2014, 07:40:47 PM
       #1000

      I suggest algo change to myriadcoin-Groestl because is GPU friendly and 50% less power consumpiton and it's pretty cool
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