Bitcoin Forum
July 24, 2017, 04:45:05 AM *
News: Due to BIP91, it would starting now be prudent to require 5 times more confirmations than usual before trusting transactions.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 [42] 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 »
  Print  
Author Topic: [ANN] [BTQ] BitQuark | Super secure hashing | CPU mining  (Read 146711 times)
ZeroFossilFuel
Full Member
***
Offline Offline

Activity: 239



View Profile WWW
May 12, 2014, 03:55:32 PM
 #821

Been researching x11 cryptos. It's pretty clear Scrypt algos, unless they hard fork, are going to fall at the hands of ASIC miners and coin rapists (probably funded and run by central banks who want to kill crypto currencies altogether). BTQ is ASIC resistant by employing the Quark algo (essentially x9) but even x11 is rumored to have ASICS knocking at the door possibly within just a couple of years.

Thinking long term, how prepared is BTQ to hard fork if the time comes to slam the door on ASIC coin killers? IMHO, public confidence is going to hinge on it.

I've been working on trying to integrate Nfactor into the Quark algorithm. If I can do this, it would definitely make BitQuark CPU only!
I think we've identified the new top priority for BTQ. Has anyone else done it, or married Nf/x11?

BTQ - 1HyTqd6phXRmYi2C8CCpXGV89qkLKgzPQN  Website  YouTube
1500871505
Hero Member
*
Offline Offline

Posts: 1500871505

View Profile Personal Message (Offline)

Ignore
1500871505
Reply with quote  #2

1500871505
Report to moderator
1500871505
Hero Member
*
Offline Offline

Posts: 1500871505

View Profile Personal Message (Offline)

Ignore
1500871505
Reply with quote  #2

1500871505
Report to moderator
1500871505
Hero Member
*
Offline Offline

Posts: 1500871505

View Profile Personal Message (Offline)

Ignore
1500871505
Reply with quote  #2

1500871505
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1500871505
Hero Member
*
Offline Offline

Posts: 1500871505

View Profile Personal Message (Offline)

Ignore
1500871505
Reply with quote  #2

1500871505
Report to moderator
1500871505
Hero Member
*
Offline Offline

Posts: 1500871505

View Profile Personal Message (Offline)

Ignore
1500871505
Reply with quote  #2

1500871505
Report to moderator
1500871505
Hero Member
*
Offline Offline

Posts: 1500871505

View Profile Personal Message (Offline)

Ignore
1500871505
Reply with quote  #2

1500871505
Report to moderator
BitQuark
Hero Member
*****
Offline Offline

Activity: 679


View Profile WWW
May 12, 2014, 03:58:09 PM
 #822

Been researching x11 cryptos. It's pretty clear Scrypt algos, unless they hard fork, are going to fall at the hands of ASIC miners and coin rapists (probably funded and run by central banks who want to kill crypto currencies altogether). BTQ is ASIC resistant by employing the Quark algo (essentially x9) but even x11 is rumored to have ASICS knocking at the door possibly within just a couple of years.

Thinking long term, how prepared is BTQ to hard fork if the time comes to slam the door on ASIC coin killers? IMHO, public confidence is going to hinge on it.

I've been working on trying to integrate Nfactor into the Quark algorithm. If I can do this, it would definitely make BitQuark CPU only!
I think we've identified the new top priority for BTQ. Has anyone else done it, or married Nf/x11?

From my research, it doesn't look like anyone has attempted it yet. So if I can get it to work, it will be the first of its kind making BitQuark unique Wink

a00r
Jr. Member
*
Offline Offline

Activity: 52


View Profile
May 12, 2014, 05:00:06 PM
 #823

bitquark to the moon

BTC: 1KbtDARdWgsq81cWHrpML5yFeQhd1jhLLy
BTQ: 1BwKhBZpLK6M5oZkTJUeFvvgiDRT3NM4TD
BitQuark
Hero Member
*****
Offline Offline

Activity: 679


View Profile WWW
May 12, 2014, 08:49:52 PM
 #824

How does the BTQ community feel about cutting the BitQuark supply in half from 21,000,000 down to 10,500,000 + inflation?? It would also halve every 2 years instead of every 4 years. It would look something like this:

1-2 years   : (7200*365)*2=5,256,000
2-4 years  : (3600*365)*2=2,628,000
4-6 years  : (1800*365)*2=1,314,000
6-8 years  : (900*365)*2=657,000
8-10 years : (450*365)*2=328,500
10-12 years : (225*365)*2=164,250
12-14 years : (112.5*365)*2=105,000

Total = 10,452,750 BTQ +105,000 yearly for inflation

techsolution
Full Member
***
Offline Offline

Activity: 126


View Profile
May 12, 2014, 10:05:48 PM
 #825

for what reason? 21m is not ok, nobody will be interested in so small amount, just my thoughts

Everything is energy, even mass, first of all mass

Just believe in old TTC Tittiecoin, will be big in months

XXXcoin XX3jXPgE99FnGs6JkpZXYS3spafuYvbvhh
spatula
Hero Member
*****
Offline Offline

Activity: 506



View Profile
May 13, 2014, 02:39:16 AM
 #826

Been researching x11 cryptos. It's pretty clear Scrypt algos, unless they hard fork, are going to fall at the hands of ASIC miners and coin rapists (probably funded and run by central banks who want to kill crypto currencies altogether). BTQ is ASIC resistant by employing the Quark algo (essentially x9) but even x11 is rumored to have ASICS knocking at the door possibly within just a couple of years.

Thinking long term, how prepared is BTQ to hard fork if the time comes to slam the door on ASIC coin killers? IMHO, public confidence is going to hinge on it.

I've been working on trying to integrate Nfactor into the Quark algorithm. If I can do this, it would definitely make BitQuark CPU only!
I think we've identified the new top priority for BTQ. Has anyone else done it, or married Nf/x11?

From my research, it doesn't look like anyone has attempted it yet. So if I can get it to work, it will be the first of its kind making BitQuark unique Wink

If this is possible, it would bring serious interest to the coin. I agree this should be top priority.
cryptomines
Full Member
***
Offline Offline

Activity: 126


View Profile
May 13, 2014, 12:55:11 PM
 #827

What is the reasoning behind possibly changing total amount of coins? Perhaps consider changing how the block reward reduction works. A gradual decline over the years until the yearly inflationary value of 1045,000 btq is reached. IMO, block halving could have negative affects on network security if the coins value hasn't risen enough to cover such a sharp drop that occurs with reward halving. As for algo change, It may be good to have options on the table but I don't think rushing to change is a good idea. Nothing will ever be CPU only, its been proven time and time again. BTQ's current algo is mined very well with nvidia cards which should be capitalized on by BTQ. All just my 2 satoshi of course.

Does anyone know how long it takes for btq to be added to comkort?
ZeroFossilFuel
Full Member
***
Offline Offline

Activity: 239



View Profile WWW
May 13, 2014, 02:03:01 PM
 #828

I concur that making such large changes to the overall coin strategy conveys to the public a flimsy foundation. I may be replacing all my 7950's for 750ti real soon! And yes, what seems to be the holdup at Comkort? Are they adopting the Lazycoins business model now?

BTQ - 1HyTqd6phXRmYi2C8CCpXGV89qkLKgzPQN  Website  YouTube
BitQuark
Hero Member
*****
Offline Offline

Activity: 679


View Profile WWW
May 13, 2014, 02:15:16 PM
 #829

The distribution change was just a thought, but You guys a right, it doesn't need to be changed. I will work on merging N-factor into the Quark algo and if I can get it to work I will hold on to it til the time it is needed.

Not sure how long it takes for Comkort to add new coins, but I just sent them a tweet asking how long before BTQ is added.

On another note, does anyone know anyone who is good with making Android apps??

cbuchner1
Hero Member
*****
Offline Offline

Activity: 742


View Profile
May 13, 2014, 06:32:30 PM
 #830

Been researching x11 cryptos. It's pretty clear Scrypt algos, unless they hard fork, are going to fall at the hands of ASIC miners and coin rapists (probably funded and run by central banks who want to kill crypto currencies altogether). BTQ is ASIC resistant by employing the Quark algo (essentially x9) but even x11 is rumored to have ASICS knocking at the door possibly within just a couple of years.

Thinking long term, how prepared is BTQ to hard fork if the time comes to slam the door on ASIC coin killers? IMHO, public confidence is going to hinge on it.

I've been working on trying to integrate Nfactor into the Quark algorithm. If I can do this, it would definitely make BitQuark CPU only!

huh? Quark is not memory hard. Increasing the number of rounds can't help. The GPU always keeps its advantage, unless you invent something that makes it do random lookups in huge tables (think gigabytes...).
BitQuark
Hero Member
*****
Offline Offline

Activity: 679


View Profile WWW
May 13, 2014, 08:50:58 PM
 #831

Just got an email from Comkort and BitQuark will be added during the day tomorrow Smiley

ZeroFossilFuel
Full Member
***
Offline Offline

Activity: 239



View Profile WWW
May 13, 2014, 10:00:04 PM
 #832

Just got an email from Comkort and BitQuark will be added during the day tomorrow Smiley
Well it's ABOUT TIME! Tongue
Can't help you with an Android developer. If you find one let me know. I have some killer app ideas.

And it's nice to know Christian checks in on us once in a while. Isn't it? LOL! Cheesy

BTQ - 1HyTqd6phXRmYi2C8CCpXGV89qkLKgzPQN  Website  YouTube
BitQuark
Hero Member
*****
Offline Offline

Activity: 679


View Profile WWW
May 13, 2014, 11:37:19 PM
 #833

Just got an email from Comkort and BitQuark will be added during the day tomorrow Smiley
Well it's ABOUT TIME! Tongue
Can't help you with an Android developer. If you find one let me know. I have some killer app ideas.

And it's nice to know Christian checks in on us once in a while. Isn't it? LOL! Cheesy

Yeah I know right lol...I saw your tweet to LazyCoins yesterday and I saw that they favorited it LOL

chopper873
Member
**
Offline Offline

Activity: 60


View Profile
May 13, 2014, 11:56:53 PM
 #834

Just got an email from Comkort and BitQuark will be added during the day tomorrow Smiley

Thanks for letting us know in advance. The price should go high tomorrow when it hits Comkort.
ZeroFossilFuel
Full Member
***
Offline Offline

Activity: 239



View Profile WWW
May 14, 2014, 12:56:02 AM
 #835

Yeah I know right lol...I saw your tweet to LazyCoins yesterday and I saw that they favorited it LOL
Right! And he STILL hasn't gotten off his lazyass!  Shocked

BTQ - 1HyTqd6phXRmYi2C8CCpXGV89qkLKgzPQN  Website  YouTube
BitQuark
Hero Member
*****
Offline Offline

Activity: 679


View Profile WWW
May 14, 2014, 12:58:39 AM
 #836

Yeah I know right lol...I saw your tweet to LazyCoins yesterday and I saw that they favorited it LOL
Right! And he STILL hasn't gotten off his lazyass!  Shocked

LMFAO I know that's right!!!

BitQuark
Hero Member
*****
Offline Offline

Activity: 679


View Profile WWW
May 14, 2014, 01:07:07 AM
 #837

Just got an email from Comkort and BitQuark will be added during the day tomorrow Smiley

Thanks for letting us know in advance. The price should go high tomorrow when it hits Comkort.

I hope so cuz we could really use a boost in price right now.

BitQuark
Hero Member
*****
Offline Offline

Activity: 679


View Profile WWW
May 14, 2014, 01:16:06 AM
 #838

On a side note, the Winklevoss twins should help boost all cryptocurrencies this year once the Bitcoin ETF hits Wall Street!!! So right now would be a great time to invest in cryptos, before Wall Street jumps in the game and pumps Bitcoin to the moon! Since all cyrpto prices are linked to BTC, this will cause a ripple effect and cause many cryptos to sour to new highs! Hopefully BitQuark will join the frenzy!!! :-)

Exciting times ahead!!!!!!

ZeroFossilFuel
Full Member
***
Offline Offline

Activity: 239



View Profile WWW
May 14, 2014, 02:27:45 AM
 #839

On a side note, the Winklevoss twins should help boost all cryptocurrencies this year once the Bitcoin ETF hits Wall Street!!! So right now would be a great time to invest in cryptos, before Wall Street jumps in the game and pumps Bitcoin to the moon! Since all cyrpto prices are linked to BTC, this will cause a ripple effect and cause many cryptos to sour to new highs! Hopefully BitQuark will join the frenzy!!! :-)

Exciting times ahead!!!!!!
Company I used to work for in the radio communications industry (WPCS, International) who sold our division to the f^&*g owners of Kavveri Telecom, India refocused their business model late last year and bought a small startup called BTX Trader LLC who designed a Bitcoin trading platform for serious traders. Operates on multiple exchanges at the same time. It's the big leagues for Bitcoin. Good thing it's we who now control the amount of currency in circulation and not central banks. No more quantitative "easing".

Get in now or get left behind.

http://www.foxbusiness.com/technology/2013/12/27/wpcs-launches-beta-version-bitcoin-trading-platform/

BTQ - 1HyTqd6phXRmYi2C8CCpXGV89qkLKgzPQN  Website  YouTube
DannyTom
Sr. Member
****
Offline Offline

Activity: 350


View Profile
May 14, 2014, 03:02:33 AM
 #840

How does the BTQ community feel about cutting the BitQuark supply in half from 21,000,000 down to 10,500,000 + inflation?? It would also halve every 2 years instead of every 4 years. It would look something like this:

1-2 years   : (7200*365)*2=5,256,000
2-4 years  : (3600*365)*2=2,628,000
4-6 years  : (1800*365)*2=1,314,000
6-8 years  : (900*365)*2=657,000
8-10 years : (450*365)*2=328,500
10-12 years : (225*365)*2=164,250
12-14 years : (112.5*365)*2=105,000

Total = 10,452,750 BTQ +105,000 yearly for inflation

Don't do it.  EBT cut their coin supply in half and moved to POS and the value jumped up for a day or two then went right back to where it was, even lower in fact.

Besides, let's assume 1 milliion people each have 2 BTQ coins, and are actively using them to buy and spend on items, goods, services, and whatnot, they will be micro transacting if it's successfully used for everyday items.

I'm not even going to think I'm as versed as some when it comes to economics or cryptos in general, I just think halving the coin supply total is a bad idea and will only bring short term profit for dumpers.

BTQ:  17NEp7WtUZt4V5RiFP6YHxD1hcte7U3sB8
LTC:  LeyXcTFxC5Ku3KDUyhwDHtLko1JwChd99h
FTC:  6n56LJKYrdgmsougCCjenLFtpPTcjFQ829
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 [42] 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!