Bitcoin Forum
September 22, 2021, 08:47:05 AM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 [536] 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 ... 1743 »
  Print  
Author Topic: [ANN] Blacknet BLN | Staking | Token Platform in Development  (Read 2505296 times)
CatKiwi
Full Member
***
Offline Offline

Activity: 154
Merit: 100


View Profile
March 29, 2014, 06:23:05 AM
 #10701

I see our friend the market manipulator is buying and selling his own large orders again....
1632300425
Hero Member
*
Offline Offline

Posts: 1632300425

View Profile Personal Message (Offline)

Ignore
1632300425
Reply with quote  #2

1632300425
Report to moderator
1632300425
Hero Member
*
Offline Offline

Posts: 1632300425

View Profile Personal Message (Offline)

Ignore
1632300425
Reply with quote  #2

1632300425
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1632300425
Hero Member
*
Offline Offline

Posts: 1632300425

View Profile Personal Message (Offline)

Ignore
1632300425
Reply with quote  #2

1632300425
Report to moderator
1632300425
Hero Member
*
Offline Offline

Posts: 1632300425

View Profile Personal Message (Offline)

Ignore
1632300425
Reply with quote  #2

1632300425
Report to moderator
kana
Full Member
***
Offline Offline

Activity: 183
Merit: 100


View Profile
March 29, 2014, 06:29:53 AM
 #10702

If this is true http://www.yevych.com/poolStats.html the blackcoinpool really is not that bad profit wise
stormia
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1000


View Profile
March 29, 2014, 06:31:04 AM
 #10703

Prisoner's dilemma at work here...
Multipool payouts are not what most miners expected, causing many to stupidly panic sell and point their miners elsewhere, causing the multipool(s) to have less oomph, causing less BTC -> BC buying power (which by my simple calculations maybe is now only buying 7 BTC worth of BC per day using roughly 400 MH/s scrypt, 350 GH/s sha estimates).

If miners were more organized (and rational) towards having 1 dominate competitor to BTC (fuck Litecoin) and stayed put pointed towards the BC multipool(s) they all would have benefited...more miners = more oomph = more BTC -> BC buying from the multipool(s)= your accrued BC are worth more and more as prices increase and eventually miners have large enough profits to upgrade mining rigs to gain even more BC and so the multipool(s) buys more BC and the price continues to go up. It's a fucking positive feedback loop and we will all win.

Rambling-on Alert
Imagine being able to someday tell your grandkids about how you still have BlackCoins you mined/bought when it was going for 3 fucking pennies per coin in 2014, and imagine them saying in disbelief "grandpa, you're a lying sack of shit" and then you show them your BC address and absolutely blow their minds. Today's baby-boomers/grandpas had stock certificates, baseball cards, stamps, coin collections, etc. when they were young, which weren't worth much then, but fuck did those things accrue value up to today. But thanks to third-world countries now being able to make (or forge) just about any physical thing under the sun, our generation will not see any equivalent physical items becoming valuable collectibles 50+ years from now.

However cryptocurrencies, and specifically those cryptocurrencies which survive/thrive/flourish in the coming months/years/decades, are going to be the stocks, baseball cards, stamps, coin collections of this generation.

Anyhow, who knows if miners will ever rationalize-the-fuck-up and come back to BC's multipool(s), but them coming back or not is all that matters right now for BC to survive/thrive/flourish with BTC over the coming months/years/decades.


JL

Well, except the actual economic principles of the multipool are kinda flawed atm.. That is, until they are as profitable in terms of (btc => bc)/hashrate. If miners can go to another multipool where they will get more btc for their hashrate and therefore can buy more bc per their hashrate, then they are actually providing more buy support (assuming they spend all of the mined btc on bc). the only advantage of the multipool is psychological- which can have a profound and hard to estimate/predict effect, though!
devachelekar
Sr. Member
****
Offline Offline

Activity: 382
Merit: 250


View Profile
March 29, 2014, 06:44:27 AM
 #10704

but joining the multipool will overall boost the price rather than mining individually.
moderndezigns
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
March 29, 2014, 06:46:08 AM
 #10705

I see our friend the market manipulator is buying and selling his own large orders again....

agreed
stormia
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1000


View Profile
March 29, 2014, 06:50:49 AM
 #10706

but joining the multipool will overall boost the price rather than mining individually.

sigh.. its not joining the multipool that magically boosts the price... what boost the price is the multipool buying btc and then using it to buy bc... but if they are getting less btc out of your hashrate and therefore less bc out of your hashrate, then individuals, as a collective, can produce greater overall buy support- thereby raising the price more- by mining on better paying multipools and converting all the btc to bc themselves. because the overall bc/hashrate is better the overall buy support/hashrate is better. this is assuming miners are capable of remaining true to the cause without the psychological rally of the multipool and covert all their btc to bc themselves without the convenience of the multipool.
devachelekar
Sr. Member
****
Offline Offline

Activity: 382
Merit: 250


View Profile
March 29, 2014, 06:57:16 AM
 #10707

but joining the multipool will overall boost the price rather than mining individually.

sigh.. its not joining the multipool that magically boosts the price... what boost the price is the multipool buying btc and then using it to buy bc... but if they are getting less btc out of your hashrate and therefore less bc out of your hashrate, then individuals, as a collective, can produce greater overall buy support- thereby raising the price more- by mining on better paying multipools and converting all the btc to bc themselves. because the overall bc/hashrate is better the overall buy support/hashrate is better. this is assuming miners are capable of remaining true to the cause without the psychological rally of the multipool and covert all their btc to bc themselves without the convenience of the multipool.

Agreed!!  +1
bitcoin carpenter
Legendary
*
Offline Offline

Activity: 1582
Merit: 1001


View Profile
March 29, 2014, 07:15:29 AM
 #10708

but joining the multipool will overall boost the price rather than mining individually.

sigh.. its not joining the multipool that magically boosts the price... what boost the price is the multipool buying btc and then using it to buy bc... but if they are getting less btc out of your hashrate and therefore less bc out of your hashrate, then individuals, as a collective, can produce greater overall buy support- thereby raising the price more- by mining on better paying multipools and converting all the btc to bc themselves. because the overall bc/hashrate is better the overall buy support/hashrate is better. this is assuming miners are capable of remaining true to the cause without the psychological rally of the multipool and covert all their btc to bc themselves without the convenience of the multipool.

Agreed!!  +1

just got a payout for 24 hours, and I dont know what all the whining is about.
seems like you get about 80 bc/mh/day so .0048 BTC.
thats a good average to if you count that you dont have to do anything, if I try using other coins and had to switch it on mintpal, I wouldnt be able to pay for the time it took to be researching and switching coins.

If your not actively using the technology behind your crypto investment,

IT IS A SCAM!!!!
deadmanwalking
Full Member
***
Offline Offline

Activity: 210
Merit: 100


View Profile
March 29, 2014, 07:17:57 AM
 #10709

i have discovered a flaw with current PoS implementation

you can easily do a 51% attack with PoS blocks without needing large holdings

since PoS blocks are generated on a coin age basis, you could create TXO's delayed by a time offset at the minimum TXO cost for a future attack period

so after creating 10000 TXO of 1 MINT separated by 0.5 seconds to make sure 60 consecutive blocks are generated at repeated interval by your wallet 20 days in the future, the attack would last 1 hour and 40 minutes

enough to put the security and function of a coin in question



couple that with the fact the difficulty calculation includes PoS blocks, that would mean difficulty would jump to stratospheric levels making it impossible to mine PoW blocks

are people really not concerned about this?


YOU CAN 51% ATTACK ANY POS COIN WITHOUT THE NEED FOR 51% OF SUPPLY OR ANY PoW HASHRATE AT ALL

Hi all. Just thought I'd share some of the joy we've been dealing with on the Mintcoin thread. Have a good night.

\
stormia
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1000


View Profile
March 29, 2014, 07:21:37 AM
 #10710

Yes, please if anybody here can explain this it would be great for ALL PoS coins.

im still on the fence


can someone explain how this stops someone from generating lots of PoS blocks 20 days in the future from a bunch of TX's with small interval, whether through one or multiple wallets

Code:
ss << nStakeModifier;
ss << nTimeBlockFrom << nTxPrevOffset << txPrev.nTime << prevout.n << nTimeTx;
hashProofOfStake = Hash(ss.begin(), ss.end());
if(CBigNum(hashProofOfStake) > bnCoinDayWeight * bnTargetPerCoinDay)
    return false;


im not well enough versed with the code to know what these variable names imply
Spartan10
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250


View Profile
March 29, 2014, 07:31:32 AM
 #10711

When will beta multipool close and start working 100%?
kana
Full Member
***
Offline Offline

Activity: 183
Merit: 100


View Profile
March 29, 2014, 07:37:32 AM
 #10712

but joining the multipool will overall boost the price rather than mining individually.

sigh.. its not joining the multipool that magically boosts the price... what boost the price is the multipool buying btc and then using it to buy bc... but if they are getting less btc out of your hashrate and therefore less bc out of your hashrate, then individuals, as a collective, can produce greater overall buy support- thereby raising the price more- by mining on better paying multipools and converting all the btc to bc themselves. because the overall bc/hashrate is better the overall buy support/hashrate is better. this is assuming miners are capable of remaining true to the cause without the psychological rally of the multipool and covert all their btc to bc themselves without the convenience of the multipool.

Agreed!!  +1

just got a payout for 24 hours, and I dont know what all the whining is about.
seems like you get about 80 bc/mh/day so .0048 BTC.
thats a good average to if you count that you dont have to do anything, if I try using other coins and had to switch it on mintpal, I wouldnt be able to pay for the time it took to be researching and switching coins.

yeah the difference is almost nothing compared to a lot of multipools
stormia
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1000


View Profile
March 29, 2014, 07:53:11 AM
 #10713

Yes, please if anybody here can explain this it would be great for ALL PoS coins.

im still on the fence


can someone explain how this stops someone from generating lots of PoS blocks 20 days in the future from a bunch of TX's with small interval, whether through one or multiple wallets

Code:
ss << nStakeModifier;
ss << nTimeBlockFrom << nTxPrevOffset << txPrev.nTime << prevout.n << nTimeTx;
hashProofOfStake = Hash(ss.begin(), ss.end());
if(CBigNum(hashProofOfStake) > bnCoinDayWeight * bnTargetPerCoinDay)
    return false;


im not well enough versed with the code to know what these variable names imply

Pllllease somebody, this is important for every PoS coin out there.
kana
Full Member
***
Offline Offline

Activity: 183
Merit: 100


View Profile
March 29, 2014, 08:03:15 AM
 #10714

Yes, please if anybody here can explain this it would be great for ALL PoS coins.

im still on the fence


can someone explain how this stops someone from generating lots of PoS blocks 20 days in the future from a bunch of TX's with small interval, whether through one or multiple wallets

Code:
ss << nStakeModifier;
ss << nTimeBlockFrom << nTxPrevOffset << txPrev.nTime << prevout.n << nTimeTx;
hashProofOfStake = Hash(ss.begin(), ss.end());
if(CBigNum(hashProofOfStake) > bnCoinDayWeight * bnTargetPerCoinDay)
    return false;


im not well enough versed with the code to know what these variable names imply

Pllllease somebody, this is important for every PoS coin out there.


You will probably have to wait for a time when more people are online it will about 4 hours or so.
onebutton
Newbie
*
Offline Offline

Activity: 48
Merit: 0


View Profile
March 29, 2014, 08:12:40 AM
 #10715

As soon as blitzcoin is done im jumping back in the pool.

Why not go back to the the pool now
The coin is within a very short time prices rise,
You dig back now, save product quantity etc. It prices isn't it better! Smiley Smiley
onebutton
Newbie
*
Offline Offline

Activity: 48
Merit: 0


View Profile
March 29, 2014, 08:20:20 AM
 #10716

I see our friend the market manipulator is buying and selling his own large orders again....

agreed

Yes,
As long as we can see the trend of prices, investment in the market is very easy to obtain benefits! Smiley Smiley
kana
Full Member
***
Offline Offline

Activity: 183
Merit: 100


View Profile
March 29, 2014, 09:21:14 AM
 #10717

on a uptrend for a bit
hyeoam
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
March 29, 2014, 09:24:35 AM
 #10718

Charts here: http://crypto-prices.com/BC

Donate BTC: 1NRG17fYCNcfQvQHC3G9TUAowNKsM4oTWA
igigme77
Full Member
***
Offline Offline

Activity: 210
Merit: 100


View Profile
March 29, 2014, 09:47:17 AM
 #10719

I'm pretty new in the Alt coins and discovered the BlackCoin, looks really promising so bought myself some coins today.

Keep up the good work and hopefully this will be a very big succes.

Yes,
This is a bright future!
Worth the investment!
Everything will be alright! Smiley
 Smiley

Let's flower the moon. SPgwHfAkcrRb5uA6MSbujpaEYtwdxzanxk
Energycoin - Save Energy, Pure POS (Free IPO). eAXEjvLGMYA6N8ujGqHL9ZFScZPYqt5Z3o
igigme77
Full Member
***
Offline Offline

Activity: 210
Merit: 100


View Profile
March 29, 2014, 09:49:40 AM
 #10720

Holding your "cheap" coins, you will cry on the top of mountain.   Grin Grin Grin

See the price trend,
To invest in it,
Benefit
This is very simple! Smiley

Let's flower the moon. SPgwHfAkcrRb5uA6MSbujpaEYtwdxzanxk
Energycoin - Save Energy, Pure POS (Free IPO). eAXEjvLGMYA6N8ujGqHL9ZFScZPYqt5Z3o
Pages: « 1 ... 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 [536] 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 ... 1743 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!