[ANN] [BEN] Benjamins ◄ SHA-256 ►◄ BOUNTY AVAILABLE to make BEN merge mineable!!

[Poogasm]

we aren't on the list, yet.

[1714676126]

1714676126

[1714676126]

1714676126

[1714676126]

1714676126

[AllAboutTheBenjaminsBaby]

Let Bter know you want Benjamins. Quote the post so they have to see it 

https://bitcointalk.org/index.php?topic=502363.msg5536278#msg5536278

[dannyel27]

https://i.imgur.com/WKDXW2I.png
https://i.imgur.com/WKDXW2I.png
Just fooling around...
What do you think?

[Poogasm]

I think that is really hard to read.

[AllAboutTheBenjaminsBaby]

Agreed. I would bring the words out a bit, but leave old Benny nice and light

Nice start, though. We can always use more graphics for our ads!

[AllAboutTheBenjaminsBaby]

Thanks for the posts. Hopefully Bter likes BEN

[iGotSpots]

Would be nice to get a Ben to CNY market

[itsunderstood]

Would be nice to get a Ben to CNY market

And Chinese ghs per second would also be helpful. 

Confucius say: Libraries are very good

Benjamin say: Libraries are very good

So much international win!  Ben would probably smile knowingly were he here.

[AllAboutTheBenjaminsBaby]

[itsunderstood]

Holy cow NorCalNewbie707 on ben.hashers.ca jumping in with 50+ghs --and also donating to the exchange.  KUDOS TO YOU miner of note!  Yours is a heady pace we shall see who is equal to you.  So far: You are the King.

[crackfoo]

Holy cow NorCalNewbie707 on ben.hashers.ca jumping in with 50+ghs --and also donating to the exchange.  KUDOS TO YOU miner of note!  Yours is a heady pace we shall see who is equal to you.  So far: You are the King.

Yes, he was a solid miner, but I think he's moved on to one of my other pools now as we haven't found a BEN block since the diff change.

[kovert]

There does not seem to be many people mining now. Why is this? Also how is this paysha thing coming along?

[hvezdasmrti]

Dumped from 4400 back to 2X00 satoshi   My cottage has stronger walls than this coin... Thanks for easy profit.

[AllAboutTheBenjaminsBaby]

Dumped from 4400 back to 2X00 satoshi   My cottage has stronger walls than this coin... Thanks for easy profit.

Still at 4400. Nice try, shallow pockets

[AllAboutTheBenjaminsBaby]

how is this paysha thing coming along?

Last I heard they found a security hole and had nearly finished fixing it, but are hoping for a Beta by the end of this weekend

[itsunderstood]

Holy cow NorCalNewbie707 on ben.hashers.ca jumping in with 50+ghs --and also donating to the exchange.  KUDOS TO YOU miner of note!  Yours is a heady pace we shall see who is equal to you.  So far: You are the King.

Yes, he was a solid miner, but I think he's moved on to one of my other pools now as we haven't found a BEN block since the diff change.

Yeah, but there are only relatively few Benjamins so I am fine mining them.  A lot of this is about adoption.  And I don't see any of these other coins doing anything except wimping out their difficulty so as to increase their pool, but this is short sighted and I am not convinced any of those other SHA coins have any potential like Benjamins.  I just have a good feeling about this one, the ghost of Benjamin Franklin seeks to bring prudence and long term thought to this sea of confusion.

So, can you guys think of any way to get merchants, to also be miners?  Because with that sort of buy-in (500 bucks for a cube say) they then would also be building the TX muscles a bit bigger.  People shell out big bucks for registers, so why not have one that serves as a register but also mines and facilitates the TX fluidity?  I was a POS tech for a long while so I feel that devices are a big part of whomever succeeds in this.  The one who makes the blockchain desirable for customers (merchants) is who will win. 

[Paysha]

Holy cow NorCalNewbie707 on ben.hashers.ca jumping in with 50+ghs --and also donating to the exchange.  KUDOS TO YOU miner of note!  Yours is a heady pace we shall see who is equal to you.  So far: You are the King.

Yes, he was a solid miner, but I think he's moved on to one of my other pools now as we haven't found a BEN block since the diff change.

Yeah, but there are only relatively few Benjamins so I am fine mining them.  A lot of this is about adoption.  And I don't see any of these other coins doing anything except wimping out their difficulty so as to increase their pool, but this is short sighted and I am not convinced any of those other SHA coins have any potential like Benjamins.  I just have a good feeling about this one, the ghost of Benjamin Franklin seeks to bring prudence and long term thought to this sea of confusion.

So, can you guys think of any way to get merchants, to also be miners?  Because with that sort of buy-in (500 bucks for a cube say) they then would also be building the TX muscles a bit bigger.  People shell out big bucks for registers, so why not have one that serves as a register but also mines and facilitates the TX fluidity?  I was a POS tech for a long while so I feel that devices are a big part of whomever succeeds in this.  The one who makes the blockchain desirable for customers (merchants) is who will win. 

We are going to be exploring POS systems in the near future once our online system is sound and functional and we find the right guy for this part of the project. For now we are generating QR codes that can be used how UPC codes are currently used. A customer or employee can scan the QR code with any smart phone and be sent directly to that item's payment page. Not ideal as a POS solution, but functional temporarily

We are also going to offer Paper Wallet Payments, as well, though not at launch. This will allow merchants to redeem payment in physical form, rather than electronically

[itsunderstood]

We are going to be exploring POS systems in the near future once our online system is sound and functional and we find the right guy for this part of the project. For now we are generating QR codes that can be used how UPC codes are currently used. A customer or employee can scan the QR code with any smart phone and be sent directly to that item's payment page. Not ideal as a POS solution, but functional temporarily

We are also going to offer Paper Wallet Payments, as well, though not at launch. This will allow merchants to redeem payment in physical form, rather than electronically

The template for your POS should be: Security.  I say this because the Visa model is being crushed by hackers (Target, TJX hack, etc) so whatever you come up with, it should sell itself because of being MORE secure than the old crap which is fading away.

I plan to start getting more people interesting and also get them mining.  Also I feel that mining as such, can be incentivized beyond the normal altcoins model that offers block rewards and all that, I mean I don't think that stuff is long-term in scope.  I know there are ways to have people adopt, and also mine.  This way, they are Benjamin miners from the git go, and they will participate by bringing more hashpower. 

Not just finding miners and playing their little games as to attracting them like flies, but more directly, getting n00bies up and mining BECAUSE they want Benjamins.  That is the key.  I feel a real grass roots potential, but yes I may have to mine a few Benjamins at a loss leading % but it's worth it based on the future I see.

I would like to hear about the other coins mentioned, which "failed" because they left the diff hig?  Give me some examples of dead SHA coins that have a true BTC profile.  I would like to know how their pattern could be Benjamins' pattern, so as to find ideas to deflect that possibility.

so

1: Think about how broken and failed the existing Visa/MC model and hardware are.
2: Convert some of the 7 billion non mining humans globally to become SHA miners for Benjamin
3: Think of ways to make each Benjamin more true and solid, not debauch them.

IMO BTC as well has cred issues due to bad press.  Sure, the military industrial complexes will be mining BTC forever, but regular people will want to put their hashes behind something with perhaps a bit more of a community around it.  The BTC community is allowing law enforcement to steal BTC (10% of all BTC now gone or captured) so SHA miners, I say jump to Benjamins and stay there throughout the whole next world war.   I say mine Benjamins because only true money undebauched, is Constitutional.

[itsunderstood]

http://www.zdnet.com/visa-cfo-quite-a-bit-of-investment-needed-to-install-chip-and-pin-technology-7000027067/

[...]

Visa's chief financial officer said that securing retail point-of-sale infrastructure will take a hefty investment, chips on credit cards are critical and better encryption may be the fastest way to secure transactions.

Byron Pollitt, CFO of Visa, said at the Morgan Stanley Technology Media & Telecom conference that cybersecurity is the No. 1 topic in the payment ecosystem following the widely publicized data breaches at Target. Target CIO Beth Jacob resigned on Wednesday.

^^^ These people have literally no clue.

Do you think merchants or taxpayers will want to pay the salaries of such educated-fools as these?  I say ditch these well paid failures, because, vulnerabilities and stupid flaws, always follow thinkers like these people.

They ALL should be fired, not just the CIO.  Well, my .02 cents as an IT worker.  I know how vulnerable the existing world's "money" actually is.

So this whole cryptocoin movement is basically 'the people' demanding a true security.  And yet, BTC is now fully associated with scumbag thieves of the highest level.  So, credibility is what is desirable in this era of well paid fools.

[Paysha]

We are going to be exploring POS systems in the near future once our online system is sound and functional and we find the right guy for this part of the project. For now we are generating QR codes that can be used how UPC codes are currently used. A customer or employee can scan the QR code with any smart phone and be sent directly to that item's payment page. Not ideal as a POS solution, but functional temporarily

We are also going to offer Paper Wallet Payments, as well, though not at launch. This will allow merchants to redeem payment in physical form, rather than electronically

The template for your POS should be: Security.  I say this because the Visa model is being crushed by hackers (Target, TJX hack, etc) so whatever you come up with, it should sell itself because of being MORE secure than the old crap which is fading away.

1: Think about how broken and failed the existing Visa/MC model and hardware are.

The way we are designing Paysha is with merchant funds in mind before anything else. This is why we won't be holding any funds

When it comes to POS, there's not too much we are ready to say, yet. However, think of the way the payment system will work as how cold storage works. It's a one way street where money can go in, but not come out

Think of it like the lockbox at a gas station. They have the safe that's locked with a slot to insert the receipts and cash from the register, but the people putting money in don't have the key to open the safe, so even if you rob the store and ransack the place, the stuff in the safe is left untouched

Keep in mind, as well, that we are using coin block chains to secure transactions, rather than our own systems

http://www.zdnet.com/visa-cfo-quite-a-bit-of-investment-needed-to-install-chip-and-pin-technology-7000027067/

[...]

Visa's chief financial officer said that securing retail point-of-sale infrastructure will take a hefty investment, chips on credit cards are critical and better encryption may be the fastest way to secure transactions.

Byron Pollitt, CFO of Visa, said at the Morgan Stanley Technology Media & Telecom conference that cybersecurity is the No. 1 topic in the payment ecosystem following the widely publicized data breaches at Target. Target CIO Beth Jacob resigned on Wednesday.

^^^ These people have literally no clue.

Do you think merchants or taxpayers will want to pay the salaries of such educated-fools as these?  I say ditch these well paid failures, because, vulnerabilities and stupid flaws, always follow thinkers like these people.

They ALL should be fired, not just the CIO.  Well, my .02 cents as an IT worker.  I know how vulnerable the existing world's "money" actually is.

So this whole cryptocoin movement is basically 'the people' demanding a true security.  And yet, BTC is now fully associated with scumbag thieves of the highest level.  So, credibility is what is desirable in this era of well paid fools.

They are old school and don't understand the impact of mobile in today's business owners