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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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dustinfroe
Member
 Offline
Activity: 135
Merit: 10
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February 19, 2014, 03:21:23 PM |
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AllAboutTheBenjaminsBaby (OP)
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February 19, 2014, 04:58:14 PM |
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I contacted them last night in PM's and received this reply: Hey I like Benjamins, fairlaunch and a good active community.
BEN is in my top five now and I will announce them on twitter very shortly.
In the meanwhile tweet about us and ask your community to follow us for announcements
Twiiter @lazycoins
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Localbtcbuyer
Newbie
Offline
Activity: 56
Merit: 0
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February 19, 2014, 09:50:21 PM |
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Any update about getting us onto Cryptsy?
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dustinfroe
Member
Offline
Activity: 135
Merit: 10
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February 19, 2014, 09:54:12 PM |
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I contacted them last night in PM's and received this reply: Hey I like Benjamins, fairlaunch and a good active community.
BEN is in my top five now and I will announce them on twitter very shortly.
In the meanwhile tweet about us and ask your community to follow us for announcements
Twiiter @lazycoins
So any updates on that? |
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AllAboutTheBenjaminsBaby (OP)
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February 19, 2014, 10:51:29 PM |
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I contacted them last night in PM's and received this reply: Hey I like Benjamins, fairlaunch and a good active community.
BEN is in my top five now and I will announce them on twitter very shortly.
In the meanwhile tweet about us and ask your community to follow us for announcements
Twiiter @lazycoins
So any updates on that? Tried to get an ETA of when they were going to launch and he wasn't ready to announce one, yet. Sounds like they are working hard and it shouldn't be too long |
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dustinfroe
Member
Offline
Activity: 135
Merit: 10
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February 19, 2014, 11:03:56 PM |
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I contacted them last night in PM's and received this reply: Hey I like Benjamins, fairlaunch and a good active community.
BEN is in my top five now and I will announce them on twitter very shortly.
In the meanwhile tweet about us and ask your community to follow us for announcements
Twiiter @lazycoins
So any updates on that? Tried to get an ETA of when they were going to launch and he wasn't ready to announce one, yet. Sounds like they are working hard and it shouldn't be too long So did he agree to accept BEN at launch? |
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AllAboutTheBenjaminsBaby (OP)
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February 19, 2014, 11:42:41 PM |
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I contacted them last night in PM's and received this reply: Hey I like Benjamins, fairlaunch and a good active community.
BEN is in my top five now and I will announce them on twitter very shortly.
In the meanwhile tweet about us and ask your community to follow us for announcements
Twiiter @lazycoins
So any updates on that? Tried to get an ETA of when they were going to launch and he wasn't ready to announce one, yet. Sounds like they are working hard and it shouldn't be too long So did he agree to accept BEN at launch? I hope so. The reply was what he said to me |
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doctormandrake
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February 20, 2014, 02:59:00 AM |
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Looks like about two weeks
Yes, we may fork it in the future to speed up the retargeting Do not do that. It may seem like the way, today. consider bitcoin and the gold standard. The same way a low difficulty attracts the hoard, and a high one dispells it, a constant confuses. Do not go the kimoto gravity well folly of scrypt and retarget block for block, this aides multiminers. Just be steadfast, honest and the hashing will go so high with none of that "merged mining" shite. I have been holding strong mining through the 253k for the drop, ofc, but consider how well ben is doing, and how it is not like other coins. to immediately change difficulty and fork the chain does not increase power, it diffuses it. this is not a scrypt coin, it does not need 30second retargeting for difficulty. it can be sustained by dedicated asics and become glorious. forks weaken coins, do not make me regret backing this one. |
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Localbtcbuyer
Newbie
Offline
Activity: 56
Merit: 0
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February 20, 2014, 03:15:18 AM |
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Looks like about two weeks
Yes, we may fork it in the future to speed up the retargeting Do not do that. It may seem like the way, today. consider bitcoin and the gold standard. The same way a low difficulty attracts the hoard, and a high one dispells it, a constant confuses. Do not go the kimoto gravity well folly of scrypt and retarget block for block, this aides multiminers. Just be steadfast, honest and the hashing will go so high with none of that "merged mining" shite. I have been holding strong mining through the 253k for the drop, ofc, but consider how well ben is doing, and how it is not like other coins. to immediately change difficulty and fork the chain does not increase power, it diffuses it. this is not a scrypt coin, it does not need 30second retargeting for difficulty. it can be sustained by dedicated asics and become glorious. forks weaken coins, do not make me regret backing this one. Agree. Leave it as is. Stick with it as is, if a block takes a little longer, so be it. |
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iGotSpots
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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February 20, 2014, 03:46:54 AM |
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I like the slower blocks personally
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flatline
Newbie
Offline
Activity: 58
Merit: 0
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February 20, 2014, 03:58:32 AM |
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I dunno, the bitcoin txn confirmation speed has become positively painful since I've gotten used to the faster block times of other coins. There's nothing particular about scrypt that would lend itself to faster blocks -- the difficulty will adjust according to supply and demand regardless of the underlying algorithm, with a few exceptions like some of the prime algos that are inherently high diff to start with. ASICs create a wider spread of hashing power for sha256 coins, which I don't particularly see as an advantage for growth, moreso for sustainability but I don't think we're quite there yet.
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AllAboutTheBenjaminsBaby (OP)
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February 20, 2014, 04:09:06 AM |
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Confirmation time is usually much faster than currently. Right now it retargets every 2 weeks
If we did fork it, we would not do gravity well. We don't want to fork it at all, the only reason I even mentioned it was because people were asking for it earlier
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AllAboutTheBenjaminsBaby (OP)
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February 20, 2014, 05:15:16 AM |
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Before you guys get mad about difficulty going up again, let me explain
86400 seconds in a day x 17 days since launch = 1468800 seconds
1468800 / 64 second target = 22,950 - The block the network believes we should be on
It's higher now to compensate for the initial spike in hash rate, but will drop significantly during the next retarget. We are about 8% behind target right now in terms of coin generation for the current time
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vual
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February 20, 2014, 08:26:11 AM |
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Looks like about two weeks
Yes, we may fork it in the future to speed up the retargeting Do not do that. It may seem like the way, today. consider bitcoin and the gold standard. The same way a low difficulty attracts the hoard, and a high one dispells it, a constant confuses. Do not go the kimoto gravity well folly of scrypt and retarget block for block, this aides multiminers. Just be steadfast, honest and the hashing will go so high with none of that "merged mining" shite. I have been holding strong mining through the 253k for the drop, ofc, but consider how well ben is doing, and how it is not like other coins. to immediately change difficulty and fork the chain does not increase power, it diffuses it. this is not a scrypt coin, it does not need 30second retargeting for difficulty. it can be sustained by dedicated asics and become glorious. forks weaken coins, do not make me regret backing this one. I agree |
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AllAboutTheBenjaminsBaby (OP)
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February 20, 2014, 12:35:23 PM |
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Ok, we will follow the general consensus and deal with the longer blocks until difficulty drops. No fork incoming, so I guess your Benjamins will just be even more rare than we planned for a while  |
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lazycoins
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February 20, 2014, 01:12:53 PM |
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Just dropping by to let you guys know that its official: https://twitter.com/LazyCoinsYou're one of the first coins we have selected for our exchange. We are working hard to launch beta soon. So for ETA and updates please follow us @lazycoins. Retweet and show your support! |
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