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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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DanielVG
Sr. Member
 Offline
Activity: 266
Merit: 250
I want free lunch, i'm gonna go with this guy.
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February 17, 2014, 12:26:02 PM |
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bitmiggy
Newbie
Offline
Activity: 38
Merit: 0
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February 17, 2014, 12:52:52 PM |
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Its the fastest coin, its only 2 confirmations so there will be no issues like all those other coins have of delayed transactions (on some coins last even for hours to get them) you feel like its almost instant.
As long as it's fast and safe then it would be a good way for traders to move money between exchanges. |
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s3kan
Newbie
Offline
Activity: 5
Merit: 0
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February 17, 2014, 03:15:42 PM |
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Its the fastest coin, its only 2 confirmations so there will be no issues like all those other coins have of delayed transactions (on some coins last even for hours to get them) you feel like its almost instant.
As long as it's fast and safe then it would be a good way for traders to move money between exchanges. To transfer value you need something which actually has a value  |
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bitmiggy
Newbie
Offline
Activity: 38
Merit: 0
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February 17, 2014, 04:30:06 PM |
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Its the fastest coin, its only 2 confirmations so there will be no issues like all those other coins have of delayed transactions (on some coins last even for hours to get them) you feel like its almost instant.
As long as it's fast and safe then it would be a good way for traders to move money between exchanges. To transfer value you need something which actually has a value It has value, but it needs volume. Whether 1 satoshi or 10 satoshi, you can still transfer 1 BTC worth. Volume is required to ensure you can buy/sell easily. |
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aircrusan
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February 17, 2014, 04:47:46 PM |
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please could you explain what kimoto gravity is?  In short words Kimoto Gravity Well (KGW) algorithm to regulate the difficulty Allows to very quickly and smoothly change the difficulty depending on changes hash power. Thanks to that coins can much better defends against multipool Best Regards thanks for the explanation...  |
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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February 17, 2014, 11:47:36 PM |
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Some big players just entered, pfff, pitty i was hoping to add a few more |
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bitmiggy
Newbie
Offline
Activity: 38
Merit: 0
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February 18, 2014, 01:43:41 PM |
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Some big players just entered, pfff, pitty i was hoping to add a few more They did? Price still basically 1 satoshi with the odd higher sale and difficulty low when I checked. Until Sats are on other exchanges I don't think any big pools will really hit. |
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vagos
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February 18, 2014, 02:02:17 PM |
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Hi there,
we need a new block explorer. The first one is not working properly. I don't know why!
We will pay 5 mill SAT for it!
Block explorer done: http://saturnchain.net/please send bounty : SfzjQaKL9HHX5C5XesvH9tSz1ed58yBac6 hope you guys like |
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SashaKh
Newbie
Offline
Activity: 58
Merit: 0
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February 18, 2014, 03:04:20 PM |
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Looks nice! Sent a little Saturn)
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bitmiggy
Newbie
Offline
Activity: 38
Merit: 0
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February 18, 2014, 10:59:24 PM |
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Some big players just entered, pfff, pitty i was hoping to add a few more They did? Price still basically 1 satoshi with the odd higher sale and difficulty low when I checked. Until Sats are on other exchanges I don't think any big pools will really hit. You were right, interest picking up now. |
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bcrypto
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February 19, 2014, 09:35:42 AM |
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We could start buying some votes on Mintpal. Other coins are doing so as well.
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vagos
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February 19, 2014, 09:37:29 AM |
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Looks nice! Sent a little Saturn)
Thank you! Want to buy Saturncoins @ 1 satoshi, pm me, thanks |
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SashaKh
Newbie
Offline
Activity: 58
Merit: 0
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February 19, 2014, 09:44:45 AM |
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Coin went up, actively buying .......  |
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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February 19, 2014, 09:50:32 AM |
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Coin went up, actively buying ....... As long as diff stay low !!!! Only was able to mine grumpy one day at nice diff and then it move up like crazy!!! This morning started with Saturncoin again... only have 16M coins, so i would like to add a few more. Looking forward to block halvering |
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Bitcoines
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February 19, 2014, 09:53:35 AM |
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We could start buying some votes on Mintpal. Other coins are doing so as well.
that is a great idea, i sent .12 already but if the community starts buying im in and will send more people starting to realize the value of saturns it is the fastest coin after all and way less coins than moon and those others what else could you ask for. |
"[Virtual Currencies] may hold long-term promise, particularly if the innovations promote a faster, more secure and more efficient payment system." ~Ben Bernanke
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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February 19, 2014, 10:08:18 AM |
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We could start buying some votes on Mintpal. Other coins are doing so as well.
that is a great idea, i sent .12 already but if the community starts buying im in and will send more people starting to realize the value of saturns it is the fastest coin after all and way less coins than moon and those others what else could you ask for. I would suggest only vote without buying and when we are getting closer to the deadline we buy votes so that we are number one |
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Bitcoines
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February 19, 2014, 10:50:28 AM |
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Agreed, btw im not selling my saturns for less than 20-30 satoshis, after it gets to the other exchanges it will be a bomb  |
"[Virtual Currencies] may hold long-term promise, particularly if the innovations promote a faster, more secure and more efficient payment system." ~Ben Bernanke
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Namun
Newbie
Offline
Activity: 56
Merit: 0
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February 19, 2014, 11:25:52 AM |
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Agreed, btw im not selling my saturns for less than 20-30 satoshis, after it gets to the other exchanges it will be a bomb In this case you might never sell them. I doubt a coin with a 500.000.000 pre-mine (yes 500 mil) will get anywhere near that price ... |
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