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Question: ZEITCOIN
https://zeit-coin.net
https://zeit-knights.slack.com
https://t.me/zeit_coin

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Author Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS]  (Read 1009282 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (3 posts by 1+ user deleted.)
Anonymousg64
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March 29, 2014, 02:37:35 AM
 #7061

Have I missed something? Why is the difficulty jumped so high?


5-10 ghash? no pool in the list has all this power
who is taking all these blocks?
now is down to 0.8-1

PoS blocks are part of difficulty calculation

network hashrate shown is calculated from difficulty


seriously, care to skim over previous posts?
sia331
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March 29, 2014, 03:08:21 AM
 #7062

HAPPY FRIDAY Cheesy

... Just thought I'd let y'all know that my wallet has started PoS/Minting a few minutes ago. Exciting!

mine too, seems everything works just fine Wink

Beautiful tomorrow from now on
Be confident

Yes,
Goodwork will make tomorrow is becoming more and more beautiful!
Work hard to create a better tomorrow! Smiley Smiley
benedictlol
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March 29, 2014, 03:09:28 AM
Last edit: March 29, 2014, 03:46:17 AM by benedictlol
 #7063

hey guys having trouble with my wallet, not opened it for awhile, oops.

can't seem to sync past block 51272 after unlocking/minting wallet.
mac wallet eventually crashes or just sits on the same block - it seems some blocks take over 10 minutes?

downloaded again and reinstalled, problem persists, any ideas folks?
thanks.


edit, syncing 1 block every 8 minutes or so, 8 active connections. Sad at this rate it'll never sync .
BeholdTheTrueWake
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March 29, 2014, 03:27:38 AM
 #7064

someone needs to throw so money at these sell walls on Mintpal - great to see people from the thread buying, but at 50000 coins a buy it will takes days to break it down

someone needs to throw so money at these sell walls on Mintpal - great to see people from the thread buying, but at 50000 coins a buy it will takes days to break it down...  Shocked

so similar, interesting...
I just notice things like that.
atronite
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March 29, 2014, 03:57:45 AM
 #7065

someone needs to throw so money at these sell walls on Mintpal - great to see people from the thread buying, but at 50000 coins a buy it will takes days to break it down

someone needs to throw so money at these sell walls on Mintpal - great to see people from the thread buying, but at 50000 coins a buy it will takes days to break it down...  Shocked

so similar, interesting...
I just notice things like that.

I think we have whales in our midst trying to get folks to buy up their fat stacks of cash so they have even more fat stacks.  Tongue
ScoobyDood
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March 29, 2014, 04:00:59 AM
 #7066

I was bored and blazed...






poop
sia331
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March 29, 2014, 04:15:03 AM
 #7067

I would like have a try to mining it.

I will try it! Smiley Smiley
Anonymousg64
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March 29, 2014, 04:36:51 AM
Last edit: March 29, 2014, 06:30:21 AM by Anonymousg64
 #7068

since PoS blocks are generated based on TXO age, wouldn't it be possible to generate a bunch of small TXO with slight time offset and cause a 51% attack?

i expected PoS blocks to use coinage to determine when to generate a valid PoS block, but it seems that is not the case, since 1000000 ZEIT would achieve 20 coin-days in 34 seconds if it were the case

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


im sorry but im bailing for now, i cannot take the risk of a public panic reducing my value to 0
this can be fixed, but it will require a hard fork

I still have hope for this coin and what it represents, we need better organization and more involvement to really go forward tho.



i may be wrong
winevirus
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March 29, 2014, 04:41:30 AM
 #7069

since PoS blocks are generated based on TXO age, wouldn't it be possible to generate a bunch of small TXO with slight time offset and cause a 51% attack?

i expected PoS blocks to use coinage to determine when to generate a valid PoS block, but it seems that is not the case, since 1000000 ZEIT would achieve 20 coin-days in 34 seconds if it were the case


im sorry but im bailing for now, i cannot take the risk of a public panic reducing my value to 0
this can be fixed, but it will require a hard fork

I still have hope for this coin and what it represents, we need better organization and more involvement to really go forward tho.

If that was the case...

Novacoin, Mintcoin, and Blackcoin could all be hit by the same thing.

I have yet to see that. Not sure if you're trying to cause panic or not.

-- Edit --
A lot of coins could actually be hit by this. Doesn't seem like it'll happen.
Anonymousg64
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March 29, 2014, 04:43:04 AM
Last edit: March 29, 2014, 06:30:07 AM by Anonymousg64
 #7070

since PoS blocks are generated based on TXO age, wouldn't it be possible to generate a bunch of small TXO with slight time offset and cause a 51% attack?

i expected PoS blocks to use coinage to determine when to generate a valid PoS block, but it seems that is not the case, since 1000000 ZEIT would achieve 20 coin-days in 34 seconds if it were the case


im sorry but im bailing for now, i cannot take the risk of a public panic reducing my value to 0
this can be fixed, but it will require a hard fork

I still have hope for this coin and what it represents, we need better organization and more involvement to really go forward tho.

If that was the case...

Novacoin, Mintcoin, and Blackcoin could all be hit by the same thing.

I have yet to see that. Not sure if you're trying to cause panic or not.

because no one has thought of it or tried to do it.
but the fact is the logic stands for someone to be able to do it, the cost is the minimum transaction size * how long you want to maintain the attack


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

i may be wrong
winevirus
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March 29, 2014, 04:55:04 AM
 #7071

since PoS blocks are generated based on TXO age, wouldn't it be possible to generate a bunch of small TXO with slight time offset and cause a 51% attack?

i expected PoS blocks to use coinage to determine when to generate a valid PoS block, but it seems that is not the case, since 1000000 ZEIT would achieve 20 coin-days in 34 seconds if it were the case


im sorry but im bailing for now, i cannot take the risk of a public panic reducing my value to 0
this can be fixed, but it will require a hard fork

I still have hope for this coin and what it represents, we need better organization and more involvement to really go forward tho.

If that was the case...

Novacoin, Mintcoin, and Blackcoin could all be hit by the same thing.

I have yet to see that. Not sure if you're trying to cause panic or not.

because no one has thought of it or tried to do it.
but the fact is the logic stands for someone to be able to do it, the cost is the minimum transaction size * how long you want to maintain the attack


I'm still not 100% sure I understand what you're saying.
Anonymousg64
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March 29, 2014, 05:00:33 AM
Last edit: March 29, 2014, 06:29:50 AM by Anonymousg64
 #7072

since PoS blocks are generated based on TXO age, wouldn't it be possible to generate a bunch of small TXO with slight time offset and cause a 51% attack?

i expected PoS blocks to use coinage to determine when to generate a valid PoS block, but it seems that is not the case, since 1000000 ZEIT would achieve 20 coin-days in 34 seconds if it were the case


im sorry but im bailing for now, i cannot take the risk of a public panic reducing my value to 0
this can be fixed, but it will require a hard fork

I still have hope for this coin and what it represents, we need better organization and more involvement to really go forward tho.

If that was the case...

Novacoin, Mintcoin, and Blackcoin could all be hit by the same thing.

I have yet to see that. Not sure if you're trying to cause panic or not.

because no one has thought of it or tried to do it.
but the fact is the logic stands for someone to be able to do it, the cost is the minimum transaction size * how long you want to maintain the attack


I'm still not 100% sure I understand what you're saying.


you can generate as many TXO as you want right? (granted its valid TXO and they are propagated and mined by the network, meaning it might cost the minimum transaction fee per TXO)
PoS blocks are generated after a TXO has matured 20 days right?
SO YOU DONT NEED 51% of SUPPLY TO DO 51% PoS block attack, infact you dont need any PoW at all to attack a PoS coin
difficulty would rise to an unminable point


i may be wrong
kindness
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March 29, 2014, 05:04:35 AM
 #7073

Scam exchange cryptorush implodes with epic drama (support staff breaks ranks) (self.Bitcoin)
submitted 2 days ago by lawabider
One of the support staff has broken ranks and posted this: (ref: https://bitcointalk.org/index.php?topic=529779.0 )

NOw we know get out of cryptorush all the coins
Anonymousg64
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March 29, 2014, 05:33:05 AM
Last edit: March 29, 2014, 06:42:18 AM by Anonymousg64
 #7074

It seemed to make sense from my limited understanding and lack of awareness in the specific algorithms for proof of stake


currently looking at the source code, its likely i was wrong

if only it wasn't such a disorganized mess i could of avoided this embarrassment
Matni
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March 29, 2014, 07:22:58 AM
 #7075

Have I missed something? Why is the difficulty jumped so high?

We keep popping up at number one on Coinwarz, that could explain it. We've also been added to two new exchanges, so pretty good day in regards publicity

[edit] the networkhashrate has jumped up from 1.7gh/s to over 6gh/s so that's why the diff is up

dont forget that PoS blocks are included in difficulty calculation, network hashrate is actually inferred from difficulty, not he other way around.


might be allot of wallets generating PoS blocks right now

I didn't account for POS but I don't think they would account for the 6gh/s network hash-rate.

However, I think I know what was, an auto switching profit pool. Around the time the network hash-rate rocketed [we're back down below 1.5gh/s now] we were also top over on CoinWarz, so surely it would have been an auto switching pool or two jumping on the band wagon and mining until it was no longer at the top. That's my thinking anyway.

https://twitter.com/CryptoMatni
"I am Lindsey Lohannnnnnnn"
coradan
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March 29, 2014, 07:43:00 AM
 #7076

This is could be a proposal to Wallet Splash Window:



One more thing: NXT
http://www.nxt.cool
coradan
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March 29, 2014, 07:49:24 AM
Last edit: March 29, 2014, 08:11:57 AM by coradan
 #7077

Here is the set:



Splash Window:



Wallet:



Coloured Coins:


One more thing: NXT
http://www.nxt.cool
Ragz
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March 29, 2014, 07:58:23 AM
 #7078

Gotta say I think i'm about done with this coin....someone can enjoy my 40M coins......with the 60BTC walls that are up I don't see much future in the coin
BeholdTheTrueWake
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March 29, 2014, 08:13:24 AM
 #7079

Gotta say I think i'm about done with this coin....someone can enjoy my 40M coins......with the 60BTC walls that are up I don't see much future in the coin


cool, see ya  Cool
kicker
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March 29, 2014, 08:15:46 AM
 #7080

Gotta say I think i'm about done with this coin....someone can enjoy my 40M coins......with the 60BTC walls that are up I don't see much future in the coin


For what price are you selling them?
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