Execoin: | First Open-Source Stealth Wallet Released! | Fast | ASIC-proof

[xycrone]

Why do people get so excited when a pool has 50% of the hash?

You know that means nothing right?

Now if I had 50% of a coin ever produced or 51% then I have a better chance to double spend or disrupt the network for a very short time(51% attack).

But even then it is not automatic coin death and it is still really hard to do. It's not a I win button and I run away with everyone's coins; plus there are actions that can be taken to ban addresses to mitigate it and shut down an attack through a policy off waiting for multiple transactions before verification.

Plus people are going to have to not be watching to not figure out what I am up to before I do it. It's hard to keep a big operation like that secret.

It's hard to set up the kind of big operation needed to pull it off and even then there are no guarantees that it will happen and and if it is successful there is very little reward if any. Your better off just building a reputable business as far as profits go or using the hash power to simply mine for profit.

It's best u guys figure this out before u start witch hunting small pools to death just because they have 50% or more hash of a coin. It's silly lol. Sky is falling! Grab your torches!

Be a bit more educated before you over react like that. Your going to miss out if you don't.

Educate:

https://www.youtube.com/watch?v=yWTQgmCuiCw

https://www.youtube.com/watch?v=tNgjdYkaDvA

@ 49:00 https://www.youtube.com/watch?v=bTPQKyAq-DM
 

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[ifightformerkel]

SIIICK Price now @ 178   220.000 Dollar marketcap

Maybe we see 1 million market cap after the hard fork with Kimoto Gravity Well in 2 days?  

[solid12345]

SIIICK Price now @ 178   220.000 Dollar marketcap

Maybe we see 1 million market cap after the hard fork with Kimoto Gravity Well in 2 days?  

From the chatter on twitter and troll boxes i think we're going to see a lot higher than 1 million...

[xycrone]

DEDICATEDPOOL RULES!

We were kicking this coin in the but way before the whole community jumped on the bandwagon with the pump.

Binary is THE man also. Be good to him. He is doing a hell of a job.

If your looking for a pool to trust you might want to check out Dedicated.

Also...... NEED MORE COFFEE!!!!

+1 !

Still waiting with a locked account for my e-mail to get back in for all my coins, yeah they're just greeat no response yet.

You get an email with a link to unlock your account. Try clicking the link, but I don't want u to over extend yourself with a mouse click so take it easy.

Also Dedicated is not a bank so setup the auto send feature to your wallet in the future.

I am not with dedicated I am just saying.

Plus there is IRC and the fact that u r not the only person in the universe and the pool is big so stay frosty till they get u some help.

[ifightformerkel]

nice articel about execoin

http://www.zero-change.com/index.php/3339-Execoin-%E2%80%93-Scrypt-ASIC-Resistant

over 1 million marketcap would be awesome. 

[Djinou94]

It is just a Vertcoin clone

[quarkkid]

It is just a Vertcoin clone

wow...nobody has said that already....

[ifightformerkel]

It is just a Vertcoin clone

now you let the bomb explode lol 

[Bigballs]

Hi all, here is the new official Execoin twitter account. Follow!

twitter.com/name of the coin underscore news

Can't post the original link here so just follow the above explanation....

[binaryclock]

ANNOUNCEMENT:

http://EXE.DEDICATEDPOOL.COM  - has temporarily closed registrations due to hash approaching 45%.

Please mine on another pool, or check back with us later.

[binaryclock]

Why do people get so excited when a pool has 50% of the hash?

You know that means nothing right?

Now if I had 50% of a coin ever produced or 51% then I have a better chance to double spend or disrupt the network for a very short time(51% attack).

But even then it is not automatic coin death and it is still really hard to do. It's not a I win button and I run away with everyone's coins; plus there are actions that can be taken to ban addresses to mitigate it and shut down an attack through a policy off waiting for multiple transactions before verification.

Plus people are going to have to not be watching to not figure out what I am up to before I do it. It's hard to keep a big operation like that secret.

It's hard to set up the kind of big operation needed to pull it off and even then there are no guarantees that it will happen and and if it is successful there is very little reward if any. Your better off just building a reputable business as far as profits go or using the hash power to simply mine for profit.

It's best u guys figure this out before u start witch hunting small pools to death just because they have 50% or more hash of a coin. It's silly lol. Sky is falling! Grab your torches!

Be a bit more educated before you over react like that. Your going to miss out if you don't.

Educate:

https://www.youtube.com/watch?v=yWTQgmCuiCw

https://www.youtube.com/watch?v=tNgjdYkaDvA

@ 49:00 https://www.youtube.com/watch?v=bTPQKyAq-DM
 

I agree completely!  However it is good to spread the hash around.  50% isn't a magical number, like you said.. even then it's hard to fork.. you have to try to do it.

I always try to work with the developers though.  This developer wants me to close approaching 50% and bring it back down to around 40%.  I will comply and I agree that it's better for the coin to have hash spread around.

But again, thank you for educating people. 

[acilsd]

Hey, may be someone there will be able to help me.
I just tried to turn on again my 6870 in addition to my 7970x2 (well, it's never enough ), ofc in the other PC. Im running exeminer fo about 20mins now at stratum pool and it shows me  endless "shares are above target", also hasrating is 270kh/s (tahts ridiculous). This 2nd PC has 8gb RAM etc.  The point is that i didn't change the settings from the last time. Ofc it's not the question of life-or-death, but... well, it is ridiculous.

[binaryclock]

DEDICATEDPOOL RULES!

We were kicking this coin in the but way before the whole community jumped on the bandwagon with the pump.

Binary is THE man also. Be good to him. He is doing a hell of a job.

If your looking for a pool to trust you might want to check out Dedicated.

Also...... NEED MORE COFFEE!!!!

+1 !

Still waiting with a locked account for my e-mail to get back in for all my coins, yeah they're just greeat no response yet.

Sorry I'm 75 tickets behind schedule.  I'm working down the list now.  Is this for exe coin?  I'll unlock it now for you sir.

[rbauer85]

It is just a Vertcoin clone

Right, so why shouldn't it be worth as much as half of what VTC is right now? I mean look at all of the success litecoin clones have.

[ifightformerkel]

Price grow fast now hit 20.000 satoshi (260.000 Dollar marketcap)
when we see 1 million market cap the price will be about 80.000 satoshi.

what do you think will wee see after the hard fork in 2 days for a price?

[rbauer85]

Price grow fast now hit 20.000 satoshi (260.000 Dollar marketcap)
when we see 1 million market cap the price will be about 80.000 satoshi.

what do you think will wee see after the hard fork in 2 days for a price?

1.5 million market cap, half of VTC.

[acilsd]

So, noone knows why the same GPU with the same settings as before, now accidentally hits only rejected (share is above target) and shows impossible hasrating, while few days ago everything was just fine (without ane changes in setting/OS/drivers/GPU)?

[cognos]

Holy crap - WTF is going on     thought I have another week for quiete mining 

Had to get rid of some auroras and VTCs to get some EXEs  

[FortuneSeeker]

can someone tell me the where to get or what is the current difficulty on execoin please

[quarkkid]

Holy crap - WTF is going on  

Had to get rid of some auroras and VTCs to get some EXEs  

jump on, before its too late...