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

[AllAboutTheBenjaminsBaby]

Putting out a 10k BEN bounty for someone to add merged mining. We will see if I can find someone reliable and trustworthy to help out

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[AllAboutTheBenjaminsBaby]

Putting out a 10k BEN bounty for someone to add merged mining. We will see if I can find someone reliable and trustworthy to help out

PM me if you want to help in private and we will keep your name from being posted anywhere unless you want us to

[Paysha]

If you guys find anyone to do it, we will set up a pool for all 4 coins on Paysha to be merge mined at the same time. Should help the network a bit

I'll throw another 1000 BEN into the bounty because I agree whole heartedly with merged mining, just post an address to send it to

[AllAboutTheBenjaminsBaby]

Bounty up to 11k BEN - Thanks

http://198.147.23.176:2750/address/137oB6pKYq6LFcinLWM21u7V8BPQPXToER

Whatever that balance is on that address will be the bounty

[AllAboutTheBenjaminsBaby]

Bounty up to 11k BEN - Thanks

http://198.147.23.176:2750/address/137oB6pKYq6LFcinLWM21u7V8BPQPXToER

Whatever that balance is on that address will be the bounty

It will show up when the next block is found

[AllAboutTheBenjaminsBaby]

Still need someone

[AllAboutTheBenjaminsBaby]

No takers, yet, but I'm still looking

[itsunderstood]

No takers, yet, but I'm still looking

NP, mining happily here.  It is an interesting time.

Merge mining versus diff adjustments will bring what benefits?  Merge mining brings more miners, but thereby waters down the competition for miners themselves?  So I am guessing that for a coin to be included in merged mining schema means something akin to coins forming up "coinfederations", LOL?

So let's chart the coinfederations that are forming eh?  BTC >< LTC would be the biggest I guess.  But that's an unfriendly coinfederation. at least in terms of the bankrolls of the top dogs.  And I do mean dogs, because what this whole sector needs is integrity like what Benjamin Franklin would bring.

Integrity is what has true value these days.  But what does it mean to have integrity?  I am sure Ben F. could tell us were he here.  Frugality, savings, long term thinking, sharing of information with allies, etc.

[AllAboutTheBenjaminsBaby]

No takers, yet, but I'm still looking

NP, mining happily here.  It is an interesting time.

Merge mining versus diff adjustments will bring what benefits?  Merge mining brings more miners, but thereby waters down the competition for miners themselves?  So I am guessing that for a coin to be included in merged mining schema means something akin to coins forming up "coinfederations", LOL?

So let's chart the coinfederations that are forming eh?  BTC >< LTC would be the biggest I guess.  But that's an unfriendly coinfederation. at least in terms of the bankrolls of the top dogs.  And I do mean dogs, because what this whole sector needs is integrity like what Benjamin Franklin would bring.

Integrity is what has true value these days.  But what does it mean to have integrity?  I am sure Ben F. could tell us were he here.  Frugality, savings, long term thinking, sharing of information with allies, etc.

https://en.bitcoin.it/wiki/Merged_mining_specification

You can merge mine all SHA coins that are set up to be auxillary chains at once

[AllAboutTheBenjaminsBaby]

No takers, yet, but I'm still looking

NP, mining happily here.  It is an interesting time.

Merge mining versus diff adjustments will bring what benefits?  Merge mining brings more miners, but thereby waters down the competition for miners themselves?  So I am guessing that for a coin to be included in merged mining schema means something akin to coins forming up "coinfederations", LOL?

So let's chart the coinfederations that are forming eh?  BTC >< LTC would be the biggest I guess.  But that's an unfriendly coinfederation. at least in terms of the bankrolls of the top dogs.  And I do mean dogs, because what this whole sector needs is integrity like what Benjamin Franklin would bring.

Integrity is what has true value these days.  But what does it mean to have integrity?  I am sure Ben F. could tell us were he here.  Frugality, savings, long term thinking, sharing of information with allies, etc.

https://en.bitcoin.it/wiki/Merged_mining_specification

You can merge mine all SHA coins that are set up to be auxillary chains at once

Paysha also said they would launch a pool for all 4 coins on their site if someone gets BEN set up for it

[itsunderstood]

https://en.bitcoin.it/wiki/Merged_mining_specification

You can merge mine all SHA coins that are set up to be auxillary chains at once

Paysha also said they would launch a pool for all 4 coins on their site if someone gets BEN set up for it

Okay I looked at the specs.  Essentially, shared Proof of Work (POW) allows one blockchain to trust another's work.  Since these are all basically BTC knockoffs, then that seems easy enough, provided you get your true tech-skills-angels to flock to you.  Usin BEN bounty is good, but I think the best minds flock to ideas and leadership on behalf of the people.  You know, like Benjamin F. himself might do, to not screw thy neighbor, so to speak.

Okay so, I am the grumpy security guy who always says no to everything.  But see, if it were left up to people like me, well, no space shuttles would get launched because there is inherent risk in everything great.  Said another way, linking up blockchains opens up all new potential vulnerabilities to a blockchain that probably only the coders really can truly discuss.

So, the path to helping Joe and Suzy Public accept cryptocoin and pay for pepsico products with it on a non-black market, involves basically standing up for even the most feeble, of users.  I have supported users, both fully inept and fully tech enabled.  It was my job to help them and not make them look stupid.  Well, in my experience of being tech support, I found programmers to be the most interesting and free of persons.  I knew they were a special group, and I am now just a noob but I respect with much affection, all whom learned any language and tried to ensure the code was good.

When I read the specs for satoshi's idea, I knew it would succeed some day, I just didn't think it would succeed so well that black markets and money laundering would even be a factor.  But, now that I see it built, I know that essentially, every blockchain is a bucket.  A conduit, for money flow.  Therefore, let us build the conduit as simply and smoothly as possible.  Let it be transparent and based on the acceptance of good nodes and the rejection of bad nodes.  Forgive me, but I do not see how the notion of merged mining is marriagable to the notion of rejecting bad nodes?  If one coin is owned by some attack, shalln't other coins in its trust circle also suffer?  Anyway, I also wonder if perhaps they intend the merge-mine teamup idea, to provide better transaction speeds or better service to the customers/users?  If so, that is a noble goal.  But, service at cost of security, is putting cart before horse imo.  

A true programmer can comment on this better than me, I am totally just now learning Javascript so I can take other people's great websites like fiatleak, and hopefully give them credit on some cool derivative of their fine work.  I suppose many programmers would refer to code that others have written and gifted to the central book of knowledge.  Indeed, as I learn how to program, I find so much attitude of sharing that it is kinda humbling.  Too bad one place like Gox can run on PHP and function so well on bad code that all the n00bs get wrecked.  It is a damn shame, and it is also the current mileu of cryptocoins.  So, Benjamins, hold true to security for the low level people, the basic sheeplike but courageous early-adopting-ones who are tired of being sheard, knowmsayin?

[itsunderstood]

Max BENs: 12,800,000

So merge mining will get you closer to this number, faster?

[Poogasm]

Just posting because this thread is much too quiet.

May as well ask: any word yet?

Also, with merge mining, how does that work for me, the miner? If it all goes well etc, will I still be able to mine at pitythepool or?
and, um, no, that should be enough to confuse me for now.

[crackfoo]

Just posting because this thread is much too quiet.

May as well ask: any word yet?

Also, with merge mining, how does that work for me, the miner? If it all goes well etc, will I still be able to mine at pitythepool or?
and, um, no, that should be enough to confuse me for now.

won't make any difference to you but most pools won't be able to take advantage of the merged mining. At least any of the pools that run on MPOS as it doen't support merged mining. NOt really sure what happens in that situation, like... even though the pool frontend doesn't support it... do the merged coins still get generated and collected somewhere???

[Carpe Diem Coin]

Just posting because this thread is much too quiet.

May as well ask: any word yet?

Also, with merge mining, how does that work for me, the miner? If it all goes well etc, will I still be able to mine at pitythepool or?
and, um, no, that should be enough to confuse me for now.

won't make any difference to you but most pools won't be able to take advantage of the merged mining. At least any of the pools that run on MPOS as it doen't support merged mining. NOt really sure what happens in that situation, like... even though the pool frontend doesn't support it... do the merged coins still get generated and collected somewhere???

I feel like I can answer this for him as I have a deep understanding of HOW it works, but not how to implement it, though I've heard it's very easy to add merged mining in a fork. Merged mining doesn't affect the mining of the coin if you are mining that coin directly. You'll still need to update, but you can still directly mine the child chain with no changes to your pool other than the new client. To merge mine, you are actually mining Bitcoin, but the aux chains will accept Bitcoin POW (hash rate) to solve blocks for the other chains. You can mine as many coins as you want to that are set up to be aux. Bitcoin does not need to know about child chains, but child chains need to be updated to have POW accepted through the parent chain

Basically, your pools will still work, you'll just need to update when they fork it. In order to merge mine, you have to set up a Bitcoin pool, with the alts are the aux coins. This is how sites like cex.io can mine that many coins at once. Getting this coin merged and into a pool like that will solve your difficulty problems easily

[Poogasm]

Thank you.

[itsunderstood]

[...]

This is how sites like cex.io can mine that many coins at once. Getting this coin merged and into a pool like that will solve your difficulty problems easily

Sounds like the standard rush to "profit" without any thought to security.  Just my .02.  And I am not an investor on some market I am mining 24/7.  Buying and dumping coins is just ancillary crap.  Mining and holding is where the true efforts and spirit will be found.

The people who come up with new profit ideas or schemes, are typically the cause of security problems down the road.  This merge mining seems "profitable" but also hackneyed and opposite of the concept of blockchains rejecting bad nodes.  Do what you want, but I will mine the most secure coin that sets a good future.  The more I read about merge mining I hear 'trust trust trust' which is the mantra of fools and thieves.  Sure we need to foster more _personal_ trust, because cryptocoin is such an attractor for soulless scumsucking thieves.  But human trust, is not not machine trust. 

Machines trusting each other is the world's biggest vector for exploitation.  Anyway do what you want, I am mining glady withut any changes, sure maybe at some loss, but I am mining based on integrity of the coin and its curve.  I know the diff is high, but the weight of Benjamin F's spirit is heavy with the desire to create something good.  He knows his USD 100 banknote is not money, is it debt.  So, he wants integrity.

Like I said, you need to get merchants to be miners, that's what I am planning to do.  Oh and make some ancillary websites like fiatleak that emphasize your coin.  Which I am also looking into.  But, why not study how coins get debauched?  How did REAL MONEY of silver coins, become transformed into fake paper money which is literally a debt note right on the face of it?  It's through devaluation.

BTC is not worth anything more than the black market or the white market, say its worth.  So, it's all a judgement call as to how you value hashing power.  The right philosophy at the right moment, can cause an epic money flow into the right coin.  I am always going to call bullshit when I smell profit-douche entering a meeting trying to talk over the security guys.  Because, in the end, of your customers get f'ed you should never have even bothered trying in the first place.  The public has had too many "Whoops, we didn't know!" moments imo.

[tertius993]

Apols if this is answered in the 70 pages somewhere but Virustotal flags two reds with the Windows wallet RAR - WS.Reputation.1 and Trojan.Win32.Generic!BT ?

thanks

[Marty19]

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[Poogasm]

Apols if this is answered in the 70 pages somewhere but Virustotal flags two reds with the Windows wallet RAR - WS.Reputation.1 and Trojan.Win32.Generic!BT ?

thanks

Those are false positives.