omwtothemoon
Newbie
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Activity: 50
Merit: 0
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February 23, 2014, 03:16:38 PM |
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I have decided that I will never sell this coin under .1 (slightly undervalued) and never more then 1/2 of my wallet. All the maths point CGA is fully undervalued right now and the coin just lacks press behind it, I have been doing all I can to get it spread word of mouth however I lack ties to the big bloggers and bitcoin news sites.
I have tried to personally ask a couple exchanges to accept the coin also. Without a big exchange we can not really do all the fun stuff with the coins, so make sure to reach out also sometimes it just takes that one extra whisper in an ear to get something through.
I really can see this coin taking a place as a term investment and a currency at like auction sites to start. Just need to find one that will take it.
I agree with you, I can see this coin going much further than it is now too. Also I don't think that anyone who mines CGA now will sell it for this price, it's already so hard to get one.. Since big exchanges don't really pick up small coins we might have a chance if we pick a, now, small exchange, get the coin on there and hope the exchange gets bigger. Might be a possibility to bring the coin to the masses. I was thinking about cryptx.io, it certainly looks good. I started a post on their reddit, here: http://www.reddit.com/r/CryptX/comments/1yph7g/please_add_cryptographic_anomaly_cga/I used s4w3d0ff's post on coinedup, if more people like to get on there, please like it. Also s4w3d0ff, if you want to post it there yourself or if you don't like the idea i'll just delete it, I don't really know if it's okay if I post it there.
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tertius993
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February 23, 2014, 03:22:34 PM |
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I have decided that I will never sell this coin under .1 (slightly undervalued) and never more then 1/2 of my wallet. All the maths point CGA is fully undervalued right now and the coin just lacks press behind it, I have been doing all I can to get it spread word of mouth however I lack ties to the big bloggers and bitcoin news sites.
I have tried to personally ask a couple exchanges to accept the coin also. Without a big exchange we can not really do all the fun stuff with the coins, so make sure to reach out also sometimes it just takes that one extra whisper in an ear to get something through.
I really can see this coin taking a place as a term investment and a currency at like auction sites to start. Just need to find one that will take it.
I agree with you, I can see this coin going much further than it is now too. Also I don't think that anyone who mines CGA now will sell it for this price, it's already so hard to get one.. Since big exchanges don't really pick up small coins we might have a chance if we pick a, now, small exchange, get the coin on there and hope the exchange gets bigger. Might be a possibility to bring the coin to the masses. I was thinking about cryptx.io, it certainly looks good. I started a post on their reddit, here: http://www.reddit.com/r/CryptX/comments/1yph7g/please_add_cryptographic_anomaly_cga/I used s4w3d0ff's post on coinedup, if more people like to get on there, please like it. Also s4w3d0ff, if you want to post it there yourself or if you don't like the idea i'll just delete it, I don't really know if it's okay if I post it there. I actually think being on Poloniex is one of the best things that has happened, although small it is certainly one of the better exchanges I have used, and I suspect it will become very much more successful.
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omwtothemoon
Newbie
Offline
Activity: 50
Merit: 0
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February 23, 2014, 03:43:16 PM |
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I have decided that I will never sell this coin under .1 (slightly undervalued) and never more then 1/2 of my wallet. All the maths point CGA is fully undervalued right now and the coin just lacks press behind it, I have been doing all I can to get it spread word of mouth however I lack ties to the big bloggers and bitcoin news sites.
I have tried to personally ask a couple exchanges to accept the coin also. Without a big exchange we can not really do all the fun stuff with the coins, so make sure to reach out also sometimes it just takes that one extra whisper in an ear to get something through.
I really can see this coin taking a place as a term investment and a currency at like auction sites to start. Just need to find one that will take it.
I agree with you, I can see this coin going much further than it is now too. Also I don't think that anyone who mines CGA now will sell it for this price, it's already so hard to get one.. Since big exchanges don't really pick up small coins we might have a chance if we pick a, now, small exchange, get the coin on there and hope the exchange gets bigger. Might be a possibility to bring the coin to the masses. I was thinking about cryptx.io, it certainly looks good. I started a post on their reddit, here: http://www.reddit.com/r/CryptX/comments/1yph7g/please_add_cryptographic_anomaly_cga/I used s4w3d0ff's post on coinedup, if more people like to get on there, please like it. Also s4w3d0ff, if you want to post it there yourself or if you don't like the idea i'll just delete it, I don't really know if it's okay if I post it there. I actually think being on Poloniex is one of the best things that has happened, although small it is certainly one of the better exchanges I have used, and I suspect it will become very much more successful. Yeah I really like it too, if it will get bigger we'll get more volume due to people noticing it on the exchange. CGA volume on there is getting bigger and bigger at the moment too, buy orders stacking up
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tf2honeybadger
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February 23, 2014, 04:30:39 PM Last edit: February 23, 2014, 05:05:19 PM by tf2honeybadger |
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Quick news update: I contacted Cryptonator.com (a live conversion calculator for crypto-crypto, fiat-crypto, crypto-fiat, fiat-fiat) about adding Poloniex to their exchanges, and they replied that it "will be added most probably on Monday or Tuesday." EDIT: And we're also being added to http://www.countmycrypto.com/ !
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MrE78
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February 23, 2014, 05:00:09 PM |
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Looks like buys side has finally figured out we will not come down in price on poloniex.
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Like CEX.IO but better SCRYPT.CC Scrypt based cloud hashing PM for script for auto reinvest
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phzi
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February 23, 2014, 05:08:27 PM |
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FYI: If have been digging into CGA code a bit more, and if my tests are successful today, I plan to release code that will allow predicting and forcing anomalies on CGA.
It will look like this: - An odd # block is found. The script can immediately tell you if the next block is an anomaly or not. - An even # block is found. The script can immediately tell you what nTime values to use to GUARANTEE the next block is an anomaly.
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brother3
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February 23, 2014, 05:26:33 PM |
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FYI: If have been digging into CGA code a bit more, and if my tests are successful today, I plan to release code that will allow predicting and forcing anomalies on CGA.
It will look like this: - An odd # block is found. The script can immediately tell you if the next block is an anomaly or not. - An even # block is found. The script can immediately tell you what nTime values to use to GUARANTEE the next block is an anomaly.
So we can all use this to our advantage? Even if there are a few miners on the network then what are my chances? Or is this strictly for multipools?
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phzi
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February 23, 2014, 05:27:55 PM |
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FYI: If have been digging into CGA code a bit more, and if my tests are successful today, I plan to release code that will allow predicting and forcing anomalies on CGA.
It will look like this: - An odd # block is found. The script can immediately tell you if the next block is an anomaly or not. - An even # block is found. The script can immediately tell you what nTime values to use to GUARANTEE the next block is an anomaly.
So we can all use this to our advantage? Even if there are a few miners on the network then what are my chances? Or is this strictly for multipools? More so to simply show that this coin design is (unfortunately) inherently flawed. I am sure there are already people exploiting this 'anomaly' (oh, pun lol).
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tf2honeybadger
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February 23, 2014, 05:28:51 PM |
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FYI: If have been digging into CGA code a bit more, and if my tests are successful today, I plan to release code that will allow predicting and forcing anomalies on CGA.
It will look like this: - An odd # block is found. The script can immediately tell you if the next block is an anomaly or not. - An even # block is found. The script can immediately tell you what nTime values to use to GUARANTEE the next block is an anomaly.
So we can all use this to our advantage? Even if there are a few miners on the network then what are my chances? Or this is strictly for multipools? I'm looking into modifying my P2Pool to take advantage of this if it does work. I rather hope this does not work, however.
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brother3
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February 23, 2014, 05:30:38 PM |
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FYI: If have been digging into CGA code a bit more, and if my tests are successful today, I plan to release code that will allow predicting and forcing anomalies on CGA.
It will look like this: - An odd # block is found. The script can immediately tell you if the next block is an anomaly or not. - An even # block is found. The script can immediately tell you what nTime values to use to GUARANTEE the next block is an anomaly.
So we can all use this to our advantage? Even if there are a few miners on the network then what are my chances? Or is this strictly for multipools? More so to simply show that this coin design is (unfortunately) inherently flawed. Wow!!! Now that you have found the flaw... Can you please help us with an idea on a fix? This coin is more original than the other 99% out there, imho !!!
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phzi
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February 23, 2014, 05:37:01 PM |
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Wow!!! Now that you have found the flaw... Can you please help us with an idea on a fix? This coin is more original than the other 99% out there, imho !!!
As far as I know, there is no proven way to make a block reward not predictable and not miner selectable at the same time. It might be possible to use the discovered blockhash to choose reward, but that would likely require some significant changes to the underlying protocol.
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brother3
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February 23, 2014, 05:40:28 PM |
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Wow!!! Now that you have found the flaw... Can you please help us with an idea on a fix? This coin is more original than the other 99% out there, imho !!!
As far as I know, there is no proven way to make a block reward not predictable and not miner selectable at the same time. It might be possible to use the discovered blockhash to choose reward, but that would likely require some significant changes to the underlying protocol. Crap....This is not good!
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tf2honeybadger
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February 23, 2014, 05:52:11 PM |
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Wow!!! Now that you have found the flaw... Can you please help us with an idea on a fix? This coin is more original than the other 99% out there, imho !!!
As far as I know, there is no proven way to make a block reward not predictable and not miner selectable at the same time. It might be possible to use the discovered blockhash to choose reward, but that would likely require some significant changes to the underlying protocol. Please consider communicating this (your findings and your tests) directly to s4w3d0ff and myself so that we have a chance to possibly fix it before you release it into the wild. We're both in the IRC (#cganomaly @ freenode), though he is currently AFK. You can also message us via bitcointalk if you prefer. If we are able to release a fix before the general public has access to it, there may be a reward for you.
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MrE78
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February 23, 2014, 05:54:22 PM |
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Wow!!! Now that you have found the flaw... Can you please help us with an idea on a fix? This coin is more original than the other 99% out there, imho !!!
As far as I know, there is no proven way to make a block reward not predictable and not miner selectable at the same time. It might be possible to use the discovered blockhash to choose reward, but that would likely require some significant changes to the underlying protocol. Crap....This is not good! Now would this also allow control of a network then by skipping the 0 blocks and forcing the 0 blocks that carry tx fees to poof?
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Like CEX.IO but better SCRYPT.CC Scrypt based cloud hashing PM for script for auto reinvest
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phzi
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February 23, 2014, 05:59:06 PM |
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Please consider communicating this (your findings and your tests) directly to s4w3d0ff and myself so that we have a chance to possibly fix it before you release it into the wild. We're both in the IRC (#cganomaly @ freenode), though he is currently AFK. You can also message us via bitcointalk if you prefer. If we are able to release a fix before the general public has access to it, there may be a reward for you.
Read 1 page back - I talked about this with s4w3d0ff in this thread yesterday. I highly doubt there _is_ a fix possible, at least without significant changes to the system. When you are hashing a block, part of that of what you are hashing is transactions - one of those transactions if the "pay me for this block". Unless you re-write the entire protocol to handle this differently, I see no easy way to make the reward unpredictable. Every "random" block reward coin suffers from this - Doge, Lotto, Moon, Leaf, etc. However, in the case of CGA, it seems potentially devastating (if it catches on, who is going to mine a block they know is worthless?). And you have to presume something this obvious is going to catch on. Now would this also allow control of a network then by skipping the 0 blocks and forcing the 0 blocks that carry tx fees to poof?
Not quite sure what you mean. It could allow someone with enough hashing power to 51% the network and cause ALL blocks to be an anomaly. Or it could allow a smaller miner to predict if half the blocks will be 0 or 1, and then intentionally cause the other half of blocks to be 1 ALWAYS.
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MrE78
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February 23, 2014, 06:28:01 PM |
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Panic selling it seems. Sometimes it would be nice if someone thinks they have found a "trick" to keep to private messages with devs.
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Like CEX.IO but better SCRYPT.CC Scrypt based cloud hashing PM for script for auto reinvest
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tf2honeybadger
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February 23, 2014, 06:31:59 PM |
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wzttide is looking into it right now. I'm talking to him on IRC. EDIT: It's working again, sounds like the stratum server got stuck temporarily.
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phzi
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February 23, 2014, 06:49:14 PM |
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Panic selling it seems. Sometimes it would be nice if someone thinks they have found a "trick" to keep to private messages with devs.
Why? This is well known stuff... if a dev doesn't know this about their own code, then there is certainly an issue. Anyone can find this out by reading the source code and running a few simple tests.
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oudekaas
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February 23, 2014, 06:50:12 PM |
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Wow!!! Now that you have found the flaw... Can you please help us with an idea on a fix? This coin is more original than the other 99% out there, imho !!!
As far as I know, there is no proven way to make a block reward not predictable and not miner selectable at the same time. It might be possible to use the discovered blockhash to choose reward, but that would likely require some significant changes to the underlying protocol. so can u not somehow restrict the mining in such way that miners are forced to connect longer before they get a reward? Like basically if they want to mine this force them to at least connect for a week? so that hopping onto blocks is not an option? like somepools it takes a long time before you get your actual expected return, can we not built that in.
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