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Author Topic: [ANN] [HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast  (Read 541741 times)
Wenzel745
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April 08, 2014, 05:23:57 AM
 #4301

Alright, for all the folks hoping for an HVC Multipool, it can't happen, and here's why:

1. Blackcoin is PoS not PoW. This means they don't need miners to be constantly mining the coin in order to sustain the blockchain, all that is handled by open wallets. Whether or not that is good is another conversation for another time, but that's how it is.

2. The multipool would take away hashrate from the HVC blockchain, making HVC more vulnerable and less secure.

3. If a multipool were to solve for 2, it would have to allocate massive hash power to the HVC blockchain, negating the upsides.

Here's the danger with HVC if I understand correctly: If people don't tone down their votes now, the coin will be fully minted REALLY REALLY FAST. This is bad because it centralizes the coin to only early adopters, weakening the coin long term (fewer investors because the community is too small). We need to stretch the mint phase as long as possible for the SURVIVAL of the coin. At this rate, it will already be minted by the time the ASICS hit, and GPU miners won't come because ROI will be too low. We need to, if possible, stretch the mint for AT LEAST a year. The coin needs time to grow.

If people don't lower their votes, the network will be dead in 6 months or less, the moment we hit the sustain phase. PLEASE FOR THE LOVE OF HVC VOTE 1

BTC: 163pZXhATaWiuGAX9o9y6PuKCF8ipDWnJH
HVC: HJWFdgUJPEw1oiLckBFPBzs8vCTLokCGgd
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April 08, 2014, 05:32:19 AM
 #4302

Alright, for all the folks hoping for an HVC Multipool, it can't happen, and here's why:

1. Blackcoin is PoS not PoW. This means they don't need miners to be constantly mining the coin in order to sustain the blockchain, all that is handled by open wallets. Whether or not that is good is another conversation for another time, but that's how it is.

2. The multipool would take away hashrate from the HVC blockchain, making HVC more vulnerable and less secure.

3. If a multipool were to solve for 2, it would have to allocate massive hash power to the HVC blockchain, negating the upsides.

Here's the danger with HVC if I understand correctly: If people don't tone down their votes now, the coin will be fully minted REALLY REALLY FAST. This is bad because it centralizes the coin to only early adopters, weakening the coin long term (fewer investors because the community is too small). We need to stretch the mint phase as long as possible for the SURVIVAL of the coin. At this rate, it will already be minted by the time the ASICS hit, and GPU miners won't come because ROI will be too low. We need to, if possible, stretch the mint for AT LEAST a year. The coin needs time to grow.

If people don't lower their votes, the network will be dead in 6 months or less, the moment we hit the sustain phase. PLEASE FOR THE LOVE OF HVC VOTE 1
I Agree
massiveman
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April 08, 2014, 05:52:36 AM
 #4303

Alright, for all the folks hoping for an HVC Multipool, it can't happen, and here's why:

1. Blackcoin is PoS not PoW. This means they don't need miners to be constantly mining the coin in order to sustain the blockchain, all that is handled by open wallets. Whether or not that is good is another conversation for another time, but that's how it is.

2. The multipool would take away hashrate from the HVC blockchain, making HVC more vulnerable and less secure.

3. If a multipool were to solve for 2, it would have to allocate massive hash power to the HVC blockchain, negating the upsides.

Here's the danger with HVC if I understand correctly: If people don't tone down their votes now, the coin will be fully minted REALLY REALLY FAST. This is bad because it centralizes the coin to only early adopters, weakening the coin long term (fewer investors because the community is too small). We need to stretch the mint phase as long as possible for the SURVIVAL of the coin. At this rate, it will already be minted by the time the ASICS hit, and GPU miners won't come because ROI will be too low. We need to, if possible, stretch the mint for AT LEAST a year. The coin needs time to grow.

If people don't lower their votes, the network will be dead in 6 months or less, the moment we hit the sustain phase. PLEASE FOR THE LOVE OF HVC VOTE 1
I Agree

whilst I agree the logic to this is sound, I feel a multipool would kickstart demand, the increased buy support would increase the value in the coin and in turn increase peoples interest. The detraction from the hashrate would be made up for once people become more interested and start mining HVC. The difficulty would drop accordingly as well leaving people more likely to begin mining.
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April 08, 2014, 06:05:32 AM
 #4304

Alright, for all the folks hoping for an HVC Multipool, it can't happen, and here's why:

1. Blackcoin is PoS not PoW. This means they don't need miners to be constantly mining the coin in order to sustain the blockchain, all that is handled by open wallets. Whether or not that is good is another conversation for another time, but that's how it is.

2. The multipool would take away hashrate from the HVC blockchain, making HVC more vulnerable and less secure.

3. If a multipool were to solve for 2, it would have to allocate massive hash power to the HVC blockchain, negating the upsides.

Here's the danger with HVC if I understand correctly: If people don't tone down their votes now, the coin will be fully minted REALLY REALLY FAST. This is bad because it centralizes the coin to only early adopters, weakening the coin long term (fewer investors because the community is too small). We need to stretch the mint phase as long as possible for the SURVIVAL of the coin. At this rate, it will already be minted by the time the ASICS hit, and GPU miners won't come because ROI will be too low. We need to, if possible, stretch the mint for AT LEAST a year. The coin needs time to grow.

If people don't lower their votes, the network will be dead in 6 months or less, the moment we hit the sustain phase. PLEASE FOR THE LOVE OF HVC VOTE 1
I Agree

whilst I agree the logic to this is sound, I feel a multipool would kickstart demand, the increased buy support would increase the value in the coin and in turn increase peoples interest. The detraction from the hashrate would be made up for once people become more interested and start mining HVC. The difficulty would drop accordingly as well leaving people more likely to begin mining.
but now miner like vote 1024 but fast reward low price easy died coin.
Wenzel745
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April 08, 2014, 06:24:36 AM
 #4305

Alright, for all the folks hoping for an HVC Multipool, it can't happen, and here's why:

1. Blackcoin is PoS not PoW. This means they don't need miners to be constantly mining the coin in order to sustain the blockchain, all that is handled by open wallets. Whether or not that is good is another conversation for another time, but that's how it is.

2. The multipool would take away hashrate from the HVC blockchain, making HVC more vulnerable and less secure.

3. If a multipool were to solve for 2, it would have to allocate massive hash power to the HVC blockchain, negating the upsides.

Here's the danger with HVC if I understand correctly: If people don't tone down their votes now, the coin will be fully minted REALLY REALLY FAST. This is bad because it centralizes the coin to only early adopters, weakening the coin long term (fewer investors because the community is too small). We need to stretch the mint phase as long as possible for the SURVIVAL of the coin. At this rate, it will already be minted by the time the ASICS hit, and GPU miners won't come because ROI will be too low. We need to, if possible, stretch the mint for AT LEAST a year. The coin needs time to grow.

If people don't lower their votes, the network will be dead in 6 months or less, the moment we hit the sustain phase. PLEASE FOR THE LOVE OF HVC VOTE 1
I Agree

whilst I agree the logic to this is sound, I feel a multipool would kickstart demand, the increased buy support would increase the value in the coin and in turn increase peoples interest. The detraction from the hashrate would be made up for once people become more interested and start mining HVC. The difficulty would drop accordingly as well leaving people more likely to begin mining.

The problem with the hashrate drop would be that it opens the coin to a 51% attack. Also, creating a multipool is no small task... It took the BC devs weeks to get it fully up and running. For the sustain phase of HVC, maybe. But for the forseeable future a multipool is just not feasible.

BTC: 163pZXhATaWiuGAX9o9y6PuKCF8ipDWnJH
HVC: HJWFdgUJPEw1oiLckBFPBzs8vCTLokCGgd
TheGer
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April 08, 2014, 06:37:15 AM
 #4306

What he said...  but in English lol.

Alright, for all the folks hoping for an HVC Multipool, it can't happen, and here's why:

1. Blackcoin is PoS not PoW. This means they don't need miners to be constantly mining the coin in order to sustain the blockchain, all that is handled by open wallets. Whether or not that is good is another conversation for another time, but that's how it is.

2. The multipool would take away hashrate from the HVC blockchain, making HVC more vulnerable and less secure.

3. If a multipool were to solve for 2, it would have to allocate massive hash power to the HVC blockchain, negating the upsides.

Here's the danger with HVC if I understand correctly: If people don't tone down their votes now, the coin will be fully minted REALLY REALLY FAST. This is bad because it centralizes the coin to only early adopters, weakening the coin long term (fewer investors because the community is too small). We need to stretch the mint phase as long as possible for the SURVIVAL of the coin. At this rate, it will already be minted by the time the ASICS hit, and GPU miners won't come because ROI will be too low. We need to, if possible, stretch the mint for AT LEAST a year. The coin needs time to grow.

If people don't lower their votes, the network will be dead in 6 months or less, the moment we hit the sustain phase. PLEASE FOR THE LOVE OF HVC VOTE 1
I Agree

whilst I agree the logic to this is sound, I feel a multipool would kickstart demand, the increased buy support would increase the value in the coin and in turn increase peoples interest. The detraction from the hashrate would be made up for once people become more interested and start mining HVC. The difficulty would drop accordingly as well leaving people more likely to begin mining.
but now miner like vote 1024 but fast reward low price easy died coin.
wizzardTim
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April 08, 2014, 07:05:56 AM
 #4307

Does anyone remember the IPO price of HVC (1 HVC = how many BTC)?

Behold the Tangle Mysteries! Dare to know It's truth.

- Excerpt from the IOTA Sacred Texts Vol. I
jakiman
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April 08, 2014, 07:12:42 AM
 #4308

Does anyone remember the IPO price of HVC (1 HVC = how many BTC)?

I believe it was 0.00005.

wizzardTim
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April 08, 2014, 07:14:01 AM
 #4309

Does anyone remember the IPO price of HVC (1 HVC = how many BTC)?

I believe it was 0.00005.

thank you  Cool

Behold the Tangle Mysteries! Dare to know It's truth.

- Excerpt from the IOTA Sacred Texts Vol. I
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April 08, 2014, 07:46:01 AM
 #4310

Does anyone remember the IPO price of HVC (1 HVC = how many BTC)?

I believe it was 0.00005.

thank you  Cool

173 btc over 5 milion hvc: 0.00003460
ibinsad
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April 08, 2014, 09:32:47 AM
 #4311

VOTE 1 !!!

 Angry
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April 08, 2014, 09:40:20 AM
 #4312

Pool hash rates and miners
pool
rate (Mh/s)*
delta***
% of network
miners**
   rate/miner
fee (%)
payout
http://hvc.1gh.com/
59,122.18
-4,795.74
49.11
1
RBPPS
http://heavycoin.zhpool.com/
46,547.40
259.90
38.67
633
73.53
1
PPLNS
http://heavycoin.miningpoolhub.com/
7,954.95
-616.55
6.61
53.8
147.86
1
PROP
http://hvc.nonce-pool.com/
827.87
112.87
0.69
36.1
22.93
1
PPLNS
https://heavycoinpool.com/
0.26
0.00
0
3
0.09
(shut  down)
http://heavy.stablehash.com/
0.00
0.00
0
0
0
1
PROP
https://hvc.crunchharder.net/
0.00
0.00
0
0
0
2
PPLNS
total
114,452.66
-5,039.52
network rate
120,380
10,380
* due to rate variability displayed through pool statistics pages, rates are based on average of 10 samples over the past hour
** miner count for 1gh unavailable
*** Delta since last update


Pool luck
last 24h luck
1gh
nonce
hvcpool
zhpool
poolhub
hash avg
64,034.04
715.49
456.49
43,758.50
12,264.56
blocks
412
5
0
310
42
hash %
52.82
0.59
0.38
36.10
10.12
blocks %
53.58
0.65
0.00
40.31
5.46
luck %
101.40
110.20
0.00
111.70
54.00
last 7d luck
1gh
nonce
hvcpool
zhpool
poolhub
hash avg
64,034.04
715.49
456.49
43,758.50
12,264.56
blocks
2,764
27
10
1,918
349
hash %
52.82
0.59
0.38
36.10
10.12
blocks %
54.54
0.53
0.20
37.85
6.89
luck %
103.25
90.27
52.40
104.85
68.07

Mining (indicative, not authoritative!)
payoff per Mhash/s / dayideal solo
1gh
nonce
hvcpool
zhpool
poolhub
HVC3.55294
3.55
3.11
1.80
3.61
2.34
mBTC0.11440
0.11
0.10
0.06
0.12
0.08
USD0.05180
0.05
0.05
0.03
0.05
0.03
pool take / day
1gh
nonce
hvcpool
zhpool
poolhub
HVC
2,298.07
22.45
8.31
1,594.68
290.17
BTC
0.07
0.00
0.00
0.05
0.01
USD
33.51
0.33
0.12
23.25
4.23
Based on last 7 days performance and... block reward: HVC582 | mBTC/HVC: 0.0322 | USD/BTC: $452.8

Block progression
overall
1gh
hvcpool
noncepool
zhpool
poolhub
other
total
Blocks
2764
10
27
1918
349
0
5068
Percent
54.5
0.2
0.5
37.8
6.9
0
99.9
hash_rate
64034
456
715
43758
12265
0
121228
Percent
52.8
0.4
0.6
36.1
10.1
0
100


1gh Top stats
___Top_100______Top_10___
Total:42,023.47 Mhash/sTotal:12,838.04 Mhash/s
% of pool:71.1%% of pool:21.7%
% of network:36.7%% of network:11.2%
Mean rate:420.23 Mhash/sMean rate:1,283.80 Mhash/s
Median rate:271.58 Mhash/sMedian rate:1,228.40 Mhash/s
Mode(10) rate:150 Mhash/sMode(100) rate:1200 Mhash/s

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April 08, 2014, 09:49:43 AM
 #4313

Does anyone remember the IPO price of HVC (1 HVC = how many BTC)?

I believe it was 0.00005.

thank you  Cool

173 btc over 5 milion hvc: 0.00003460

Oh. Thank you for the exact price!

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April 08, 2014, 10:46:14 AM
 #4314

Any idea when HVC price stops dropping, maybe when BTC recovers?  Gpools, are you still holding like a boss? :-) Cause once you start dumping we'll be all doomed.
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April 08, 2014, 10:53:24 AM
Last edit: April 08, 2014, 11:07:28 AM by gpools
 #4315

lol i'm holding all my coin.  Now HVC undervalued.
tinus42
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April 08, 2014, 11:23:11 AM
 #4316

Does anyone remember the IPO price of HVC (1 HVC = how many BTC)?

I believe it was 0.00005.

thank you  Cool

173 btc over 5 milion hvc: 0.00003460

Oh. Thank you for the exact price!

If you want the really exact price it's 0.00003477 (= 5,000,000 / 173.84775614) Wink
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April 08, 2014, 11:55:05 AM
 #4317

Does anyone remember the IPO price of HVC (1 HVC = how many BTC)?

I believe it was 0.00005.

thank you  Cool

173 btc over 5 milion hvc: 0.00003460

Oh. Thank you for the exact price!

If you want the really exact price it's 0.00003477 (= 5,000,000 / 173.84775614) Wink

and its selling for ~0.00003104 i wouldnt say its undervalued at this point
Kreativekrypto
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April 08, 2014, 12:00:31 PM
 #4318

Looking to help promote HVC? Send this to everyone you know: https://www.thunderclap.it/projects/10329-heavycoin-secure-e-currency?locale=en


Want to help give HVC real world value? Email Moolah, request Heavycoin be added to Prelude and Digipay: https://moolah.io/contact
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April 08, 2014, 12:04:40 PM
 #4319

somebody really dumping theirs HVC
i think some ppl think after 15/04 btc is be dead and they selling off their coins and exchanging to fiat.
but if that bans not confirms, then BTC will bounce back to ~600 zone and in shorterm we have to see HVC 0.00006, longterm
after phase 1, there can be 0.0003 BTC.

anyway someone believe, some is not
i try risk and bought additionaly 26667 HVC today.

and u all the times biggest winnings are when everyone selling u buying and holding...
there diffrent think, but in early 2009 stocks market
when was all that stockmarket panic i bought LasVegas Sands ( LVS ) stocks for 1.82$, todays price 75 (high 88) of course
i sold out my 62$
and WNR 8.25 (late 2009) sold at 35$
now just keeping TSLA bought for 29$, todays price is 207
FTK 2.11$ today is 27$
NFLX 77$
and some holdings is in minus
like solar stocks FSLR, SPWRA,
and AMD
Kreativekrypto
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April 08, 2014, 12:11:07 PM
 #4320

This could all be a big ploy to undermine btc, who really knows. All we can do is support decentralized currency and if you love heavycoin see my post above. Have a great day people i'll keep fighting the good fight Smiley

http://www.cryptocoinsnews.com/news/pboc-orders-all-chinese-banks-third-party-payment-processors-shut-accounts-15-chinese-bitcoin-exchanges-april-15th/2014/03/27
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